Category Archives: Business

Department of What We’re Not Allowed Here, by Eric Peters

Many fine vehicles are kept off the U.S. market by arbitrary U.S. regulations. From Eric Peters ate ericpetersautos.com:

To get some idea of what we’ve lost, it’s instructive to consider what we never got. 

For example, the ’96 Toyota Hilux Surf a friend of my old college buddy’s son bought recently. You have probably never heard of the Hilux – even though you have probably heard of the 4Runner.

They are both the same thing, except for one very important thing. 

The Hillux Surf is powered by a 3.0 liter diesel engine and is capable of better than 40-miles -per-gallon. This is about twice the mileage you’d get out of a 4Runner, which was only available – in the United States – with a gas engine. 

You might ask, why? – given the pretended governmental obsession with high fuel economy uber alles, the foundational justification for the federal government’s Corporate Average Fuel Economy regime. Well, because it is just that.

Pretended.

Or rather, it is the excuse.

CAFE – as it is known in acronym-speak – has been around since the ’70s, when the federal government first got into the weird business of dictating to the car industry how much fuel the vehicles built for sale could use – on the assumption that the people who bought vehicles could not direct the course of that via their dollars. 

How it is that the government – how is it that the regulatory apparat – acquired this power is itself an interesting question as well as a weird thing as there is nothing in the Constitution endowing the federal government with the power to decree how many miles-per-gallon the cars people buy must get. And which the companies that build cars are punished for not building, via fines that act as the “incentive” to not build them, in spite of people wanting to buy them. Viz, the soon-to-be-cancelled Dodge Charger/Challenger and Chrysler 300, all of which sell well but which use “too much” gas, for the government’s liking.

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“Plug and Play” Guides US Domestic and Foreign Policy – and It’s Not Working, by Karen Kwiatkowski

Plug and play works in the market, but not with government, because government lacks all the market’s feedback loops. From Karen Kwiatkowski at lewrockwell.com:

The Lockheed Martin USN Freedom Class ships, “plug and play” multi-use vessels costing half a billion each – first launched in 2006 – are all being decommissioned.  The weird thing is that one was just delivered less than six months ago, and as of August 2022, Lockheed was sending out the propulsion fixes for the rest of them, presumably to get them to the scrapyards.

This microdot of news flew under my radar, and it confirms what we already know about the US MICIMATT – it’s not just what we do and how we do it, it’s what’s allowed to be talked about.  These ships were all named after major US cities; a couple of mayors reacted with sadness.  Not disgusted at the insanity and waste, or dumfounded by the government process, just sad that a brand new $500 million ship with their town’s name on it is being junked.

“Plug and play,” as transmogrified by the crony capitalists and government bureaucrats, not only doesn’t work – it is a real danger to every American, and by extension the rest of the world.  In the marketplace, plug and play is efficient, flexible, and smart.  Upgrading, fixing, and modifying mission capability of products via open architecture software and hardware makes sense. The market likes the sim card model – rapid recognition and correction of problems, responding to consumer demand for performance, efficiency and cost – these are key to business success.  Plug and play has raised the bar of market performance, along with customer expectations.

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Doug Casey on the Fed Raising Its Inflation Target and Other Shenanigans

The government shouldn’t be involved in the production of money and there should be no central bank. From Doug Casey at internationalman.com:

Understanding Inflation

International Man: Recently, there have been whispers about the Fed raising its official inflation target above 2%.

But before we get into that, we should define our terms.

What is the proper way to think of inflation and the Fed itself?

Doug Casey: First of all, the word “inflation” should be viewed as a verb, not as a noun. Inflation is an increase in the amount of money. This is why Bitcoin—which may have other issues as a money—is inflation-proof; it’s a mathematical certainty that no more than 21 million will ever exist. There are absolutely no limits to the supply of fiat dollars, however.

Inflation is one of the most misused words; few even think about the word’s actual meaning. What is inflation? “Well, that’s prices going up.” No, it’s not. To say that is to confuse cause and effect. Inflation is an increase in the money supply. “Inflation”, a rise is the general price level, results when the money supply is increased by more than real wealth increases.

Do you think I’m just making an obvious, common-sense point? Au contraire. For instance, the Wall Street Journal of Feb 13 featured an article entitled “Inflation Is Falling, and Where It Lands Depends on These Three Things.” In the opinion of the clueless reporter, the three things are “goods, shelter, and other services.” Nowhere does she reference the money supply as the cause of inflation. It’s what she was taught in school, and she stupidly perpetuates the notion.

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Amnesty for an Apology? COVID Dictators Looking for Way Out, by Dr. Joseph Mercola

Amnesty ain’t going to cut it. From Dr. Joseph Mercola at theburningplatform.com:

Story at-a-glance

  • Draconian COVID measures ruined the lives of millions of lower- and middle-class Americans while lining the pockets of the liberal cabal, and those who spoke the truth were punished rather than lauded for their reason
  • Now, the tide is starting to shift. Recent polling shows 49% of Americans believe the COVID shots may be responsible for the massive rise in sudden deaths and 28% say they know someone they believe was killed by the shots
  • In early November 2022, The Atlantic published an article by Brown University economist Emily Oster, who suggested COVID dictators be granted “amnesty” for their mistaken beliefs about COVID-19. It failed miserably, as just about everyone saw through her ill-conceived arguments
  • January 30, 2023, medical student Kevin Bass followed in Oster’s footsteps, penning an opinion piece for Newsweek in which he urges the scientific community to “admit we were wrong about COVID and it cost lives”
  • Communications analysts agree Bass’ essay is another manipulative effort to overcome public distrust in authorities

In The Hill segment above, Batya Ungar-Sargon reviews how draconian COVID measures ruined the lives of millions of lower- and middle-class Americans while lining the pockets of the liberal cabal. Indeed, the cost of the COVID measures were definitely not born equally by all. Moreover, those who spoke the truth were punished rather than lauded for their reason.

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US Big Defense, the Only Winner of the Ukraine Proxy War, by Dan Steinbock

The big defense and intelligence contractors have been the only consistent winners in the wars the U.S. has fought since World War II. From Dan Steinbock at antiwar.com:

The Unwarranted Ukraine Proxy War: A Year Later

Not only do these global military contractors arm Ukraine, but they stand to benefit from the re-militarization of Western Europe, Japan, and the new NATO members.

To Russia and Ukraine, the crisis is an existential issue. To the US and NATO, it’s a regime-change game. To Europe, it means the demise of stability – in the world economy, lost years (and that’s the benign scenario).

That’s how I characterized the US/NATO-led proxy war against Russia in Ukraine back in early March 2022. I argued that it was an “avoidable war that will penalize severely Ukraine, Russia, the US and the NATO, Europe, developing countries and the global economy.”

At the time, the prediction was seen as contrarian. But it has prevailed. However, on January 25 the Ukraine proxy war entered a new, still more dangerous phase. The commitment of some 70 US, German, UK and Polish battle tanks herald lethal escalation, although hundreds more are needed to defeat Russia.

Not only will economic and human costs climb even further, but strategic risks, including the potential of nuclear confrontation, will soar. With such escalation in high-tech arms sales to Ukraine, regional and military spillovers are a matter of time.

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The Sudden Dominance of the Diversity Industrial Complex, by Thomas Hackett

Ten years ago nobody knew what a diversity officer was. Nowadays no institution of any size can function without a team of them. From Thomas Hackett at realclearwire.com

Little more than a decade ago, DEI was just another arcane acronym, a clustering of three ideas, each to be weighed and evaluated against other societal values. The terms diversity, equity, and inclusion weren’t yet being used in the singular, as one all-inclusive, non-negotiable moral imperative. Nor had they coalesced into a bureaucratic juggernaut running roughshod over every aspect of national life. 

They are now.

Seemingly in unison, and with almost no debate, nearly every major American institution – including federal, state, and local governments, universities and public schools, hospitals, insurance, media and technology companies and major retail brands – has agreed that the DEI infrastructure is essential to the nation’s proper functioning. From Amazon to Walmart, most major corporations have created and staffed DEI offices within their human resources bureaucracy. So have sanitation departments, police departments, physics departments, and the departments of agriculture, commerce, defense, education and energy. Organizations that once argued against DEI now feel compelled to institute DEI training and hire DEI officers. So have organizations that are already richly diverse, such as the National Basketball Association and the National Football League.  

Many of these offices in turn work with a sprawling network of DEI consulting firms, training outfits, trade organizations and accrediting associations that support their efforts. 

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When the Private Sector Is the Enemy, by Ryan McMaken

Large corporations are fully on board with statism. From Ryan McMaken at lewrockwell.com:

Last Wednesday’s House Oversight Committee meeting provided some much-needed insight into how corporate personnel at Twitter (before Elon Musk’s takeover) had essentially turned the company into an adjunct of the federal government and its intelligence agencies.

Present to testify were high-ranking company personnel who oversaw Twitter during the covid panic and in the early days of the Hunter Biden laptop controversy. Specifically, they were former employees Yoel Roth, Anika Collier Navaroli, and Vijaya Gadde. All three had titles with words like “trust” and “safety” in them. There was also James Baker, a former Twitter attorney and a former FBI agent who promoted the now-disproven “Russiagate” theory. It was clear from their testimony that all four saw themselves as righteous arbiters of truth and that anyone who disagreed with their views was guilty of “misinformation.” Conveniently, this “misinformation” overwhelmingly tended to coincide with these employees’ personal political views.

In practice, however, these keepers of “trust” and “safety” did not function as disinterested fact-checkers, journalists, or stewards of any kind. They certainly weren’t entrepreneurs focused on delivering the highest value for their owners. Rather, they were acting as extensions of the US administrative state, the FBI, and the Democratic Party.

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Palestine, Ohio train wreck: It’s the dioxin, by Eric F. Coppolino

Dioxin is even worse than the vinyl chloride. From Eric F. Coppolino at 2ndsmartestguyintheworld.substack.com:

It’s not just what was in the tanker cars. It’s what happens when they burn and combine. This may be the largest dioxin plume in world history. I know of no more serious release, ever.

The introduction of dioxin to the slow kill bioweapon injections will turn the current VAIDS-induced turbo cancer trend into hyperdrive cancer.

The below post provides more color on just how deadly the toxic train wreak really is. And there are currently three derailments in America that have resulted in the release of poisonous chemicals in all three instances. Troubling is an understatement.

2nd Smartest Guy in the World
UFOs and CCP Balloons Vs. The Worst Chemical Disaster In History
Vinyl chloride is one of the most toxic chemicals known to man, and it just so happens to be one of the poisons still spewing from the historic Ohio train disaster. We now know that for at least 20 miles the train was emitting sparks and flames. That is certainly not an insignificant distance for a malfunctioning train to travel before finally deraili…
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by Eric F Coppolino

Train fire in Palestine, Ohio. News photo.

Dear Friend and Reader:

Most coverage of the train wreck in Palestine, Ohio is missing one word: dioxin. There were reportedly 14 tanker cars full of vinyl chloride, a precursor to polyvinyl chloride — that is, vinyl. Burning vinyl is the most serious source of dioxin in the environment — whether from trash incinerators, house fires or chemical spills.

This mess of 14 tanker cars (really, many more, but 14 had vinyl chloride) was then set on fire by the government, apparently to make it easier to clear the railroad tracks. This was the worst possible decision. It has turned many, many miles into no-man’s land.

Note that dioxin goes by several other names, including TCDD and is sometimes abbreviated 2,3,7,8.

This is not a local issue. This massive plume will spread far and wide, and is being blown by the prevailing winds across Ohio, Pennsylvania and New York State, toward the population centers of the northeastern U.S.

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Russia’s Shadow Fleet, by Bill Bonner and Joel Bowman

Everybody has figured out how to game U.S. sanctions. From Bill Bonner and Joel Bowman at bonnerprivateresearch.substack.com:

600 tankers carry Russian oil around the world, India imports ‘soaring,’ as USA drains its Strategic Petroleum Reserve…

Bill Bonner, reckoning today from Youghal, Ireland…

How are all those sanctions working out? Bloomberg reports:

Russia Did Most Oil Drilling in a Decade Even as Sanctions Hit

Another headline tells us that India’s imports of Russian oil are ‘soaring.’ And here’s Russia-briefing.com:

Russia’s Rail Freight Volumes Heading East Exceed Westbound Freight For The First Time      

Russia’s Eastbound rail freight shipments exceeded westbound shipments for the first time in 2022, at 80 million tonnes compared with 76 million tonnes, according to Russian Railways (RZD) Chairman Oleg Belozerov, commenting during a meeting with Russian President Vladimir Putin.

The reversal shouldn’t really be a surprise as the European Union has reduced access to its markets by Russia and blocked passenger trains. However, it does symbolize the extent of the ‘Pivot to Asia’ that Russia has gone through in little under 12 months, itself a quite remarkable feat.

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War Certainly Is A Racket, by Iain Davis

There’s extensive financial skullduggery connected to the Ukraine-Russia war. Nothing’s changed since Smedley wrote his book. From Iain Davis at off-guardian.org:

In 1935, Major General Smedley Butler’s seminal book “War Is A Racket” warned of the dangers of the US military-industrial complex, more than 25 years before the outgoing US President Eisenhower implored the world to “guard against” the same thing.

One of the most decorated soldiers in US military history, Butler knew what he was talking about, famously writing that war is “…conducted for the benefit of the very few, at the expense of the very many.”

While he lamented the loss of his fallen comrades and despite the gongs he received for defending his country, Butler came to understand that he was actually a “high class muscle man for big business, for Wall Street and the bankers.” Later, the historian Antony C. Sutton proved that Butler was right.

When the US administration of George Bush passed its Foreign Operations Appropriation Law in 1991, it ended all US credit to the former, thriving socialist republic of Yugoslavia. At the time the perception on the Hill was that Yugoslavia was no longer required as a buffer zone between the NATO states and their former Warsaw Pact adversaries, so its independent socialism was no longer tolerated.

The US military industrial complex, that Butler and Eisenhower told everyone to tackle, effectively destabilised the entire Balkan region, destroyed hitherto relatively peaceful countries and then fuelled the resultant wars with its pet Islamist terrorists. Ably assisted by the World Bank and the IMF.

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