Actually, you don’t have to focus on the government and Big Tech to fear a government take over of health care. Just look at anything the government currently does. From Tho Bishop at mises.org:
As tech executives continue to be grilled in front of Congress, the growing Bernie Sanders-wing of the Democratic Party is preparing to push its misnamed “Medicare for All” into the political mainstream after its political gains in the midterms. While these two stories seem to have very little in common, it’s not difficult to imagine a not-so-distant future where the two are dangerously connected. After all, so long as the scope of government grows, the continued politicization of all aspect of life will follow – the inevitable consequences of which could be quite horrific.
The State’s Shadow over Silicon Valley
First let’s consider some of the overlooked causes behind the increased censorship from Silicon Valley.
While Republican politicians relish in collecting cheap soundbites railing against the censorship practices of widely despised tech executives, few are willing to point out the obvious influence of government in Big Tech’s growing hostility to free speech.
For example, just recently Facebook announced it was following the lead of Tumblr by cracking down on “sexualized content” on its platform. While both decisions were widely ridiculed by users and pundits alike, largely ignored was the role that recent Congressional laws aimed at cracking down on sex trafficking played in sparking the new policy. Similarly, “anti-hate speech” laws from Europe had very real consequences for American social media users as mechanisms designed to police speech oversees are inevitably used to manage content throughout their global communities.
Perhaps the biggest rift will be between private sector employees with inadequate retirement savings and public sector employees with rich pensions paid for by the private sector’s taxes. From Adam Taggart at peakprosperity.com:
Most Americans will never be able to afford to retire.
We laid out the depressing math in our recent report Will Your Retirement Efforts Achieve Escape Velocity?:
- The median retirement account balance among all working US adults is $0. This is true even for the cohort closest to retirement age, those 55-64 years old.
- The average (i.e., mean) near-retirement individual has less than 8% of one year’s income saved in a retirement account
- 77% of all American households aren’t on track to have enough net worth to retire, even under the most conservative estimates.
Russia is turning towards Asia, perhaps having given up on the West. From Pepe Escobar at atimes.com:
Russia is keen to push economic integration with parts of Asia and this fits in with China’s Belt and Road Initiative
Russia represents a dire threat to the West, but it’s on the verge of collapse. From Patrick Armstrong at strategic-culture.org:
NATO sorrowfully explains its problems with Russia on its official website:
For more than two decades, NATO has worked to build a partnership with Russia, developing dialogue and practical cooperation in areas of common interest. Cooperation has been suspended since 2014 in response to Russia’s military intervention in Ukraine but political and military channels of communication remain open. Concerns about Russia’s continued destabilising pattern of military activities and aggressive rhetoric go well beyond Ukraine.
None of this – of course – is NATO’s fault: on the contrary NATO is concerned that
Russia’s military activities, particularly along NATO’s borders, have increased and its behaviour continues to make the Euro-Atlantic security environment less stable and predictable, in particular its practice of calling snap exercises, deploying near NATO borders, conducting large-scale training and exercises and violating Allied airspace.
Suffice it to say that this statement would have a closer relationship with reality if the words “NATO’s borders” were replaced with “inside Russia”. And I would be interested to hear the details of “violating Allied airspace”. Why even the Daily Telegraph in 2015 with its suggestive headline of Mapped: Just how many incursions into Nato airspace has Russian military made? had to admit “The Ministry of Defence says the Russian bombers have never violated Britain’s sovereign airspace, which extends 12 nautical miles from the coast.” Likewise Violated US Airspace 16 Times In Last 10 Days turns out to be Air Defence Identification Zones which is not the same thing at all. Or Most Russian Plane Intercepts over Baltics Due to Error: NATO General. So NATO’s statement needs a further calibration so that “violating Allied airspace” becomes “flying in international airspace close to Allied countries’ airspace”.
The Mueller investigation is stretching as far as it can stretch to come up with something, anything, on Donald Trump. From Ann Coulter at anncoulter.com:
This week, I will provide readers with a FREE excerpt from Resistance Is Futile!: How the Trump-Hating Left Lost Its Collective Mind in order to prove that if you’d bought the book two months ago, you’d already understand the rules of the game. Now that Democrats are about to take control of the House, this is the only book you’ll need until President Trump is out of office.
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Boring facts can be used to prove big crimes, but in the case of Trump attorney Michael Cohen’s payment to a porn star, what we have is a boring fact being used to prove a boring crime: an alleged violation of the campaign finance laws zzzzzzzzzzzzzzzzz … Worse: They’re trying to prove a reporting violation.
If Trump paid the $130,000 himself solely to help his campaign — and he wouldn’t have minded at all having a porn star telling the tabloids she’d had sex with him except for the fact that he was running for president — it would be a reporting violation and OH MY GOSH — HE’D HAVE TO PAY A FINE!
Their argument is what if he didn’t pay it himself?! That’s why the media are obsessed with when Cohen emailed Stormy Daniels’ lawyer and from which email address — trying to find bread crumbs that someone else paid Stormy in order to claim it was an illegal campaign contribution — again requiring that the payment be motivated solely by the fact that Trump was running for office.
The trade war will serve as a convenient scapegoat for crashing markets when its actually central bankers who are responsible. From Brandon Smith at alt-market.com:
Since the beginning of this year, I have been warning that trade tariffs initiated by Donald Trump would develop into a full-blown trade war with China, and perhaps other nations, and that the timing of this trade war is rather suspicious. Suspicious how? Almost every instance of further escalation was made by Trump around the exact time that the Federal Reserve was also making a large cut to its balance sheet or raising interest rates. Instead of focusing on the fact that extreme volatility has returned to markets because central banks are pulling the plug on life support, the mainstream media is holding up the trade war as the ultimate culprit behind the accelerating crash.
In other words, Trump’s trade war is acting as a perfect distraction from the crisis which the banking establishment has now deliberately triggered.
The initial response to my suggestion by a minority of liberty movement activists and skeptics was outright denial. Some people argued that the trade war would be over before it even began and that China would immediately capitulate in fear of losing the U.S. consumer market. Others argued that the trade war “had been started by the Chinese years ago” and Trump was simply “fighting back.”
The noose cinches.
Second-rate George H.W. Bush got a first-rate Washington send-off. For one day it interrupted the downtrend in equity markets. It may mark the US apotheosis of inflated grandiosity. Across the Atlantic, Emmanuel Macron, pretentious popinjay of Gallic grandiosity, has gotten a deserved comeuppance. Brexit, Trump’s election, and nationalist uprisings in Southern and Eastern Europe apparently insufficient warning to the globalists who would rule us, the French rioters are sending yet another wake-up call. If that’s not enough, so too are many of the nations outside the Euro-American welfare state asylum.
The crazies’ kings, queens, and courtiers face a dwindling inheritance and mounting debt, but spend lavishly to keep up appearances. Falling markets and rioting taxpayers are unwelcome reminders that the money’s running out, leaving behind a stack of IOUs that won’t be paid. The aristocracy wants to offload the pain to the peasantry, but the riots demonstrate that the peasantry has other ideas. Our betters also want to blame their sea of woes on Eurasia’s leaders, but Russia, China, Russia, Turkey, and Iran are having none of that. They are, however, delighted to see the West crumbling and will do nothing to stop it.
Empire is America’s noose, hubris America’s curse. Once upon a time it didn’t matter much to the American people or their politicians what happened in Asia, Africa, the Middle East, or even Europe. During the nineteenth century, for the most part we minded our own business, and what a business it turned out to be. America became the world’s industrial, technological, and commercial powerhouse.
Posted in Collapse, Debt, Economics, Economy, Eurasian Axis, Financial markets, Foreign Policy, Geopolitics, Governments, History, Immigration, Imperialism, Military, Morality, Politics, War
Tagged American empire, Bolton, China, Pompeo, President Trump, Russia, Yellow Vest protests