Lies, Lies, & OMG More Lies…

Submitted by Jim Quinn via The Burning Platform blog,

It’s that time of year again. It’s open enrollment for health plans at my employer. They are biggest employer in Philly and have the most leverage possible with the insurance companies. They have such good leverage that my premiums are going up “only” 9.8% this year for a basic HMO plan. Based on what I hear from others, I should be thankful for just a 9.8% increase.

This isn’t a new development. Since I’ve been tracking all my expenditures using Quicken since 1991, I know exactly what my annual health insurance costs have been every year. Obamacare was passed in 2009 and began to be implemented in 2010. Obama declared that families could expect $2,500 of savings per year. I know for a fact my annual medical expenses were $2,000 higher in 2015 than they were in 2010.

The lies of the government and their minions at the BLS are revealed to anyone who cares to open their eyes. The BLS reported inflation rates for health insurance since 2010 is beyond laughable. They must have triple seasonally adjusted, massaged, and tweaked these figures to arrive at the absurdly false inflation figures they are feeding to the sheeple. These are the reported inflation figures for health insurance since 2010:

2010 – (4.0%)

2011 – 5.6%

2012 – 10.6%

2013 – 0.9%

2014 – (0.8%)

2015 – 3.7%

According to the BLS, and built into their CPI calculation, your health insurance premiums have gone up by about 16% over the last six years. Now for the smell test. I have worked for a large employer with excellent healthcare benefits over that entire time span. My health insurance premiums have risen by 65% since Obamacare was passed. And that doesn’t capture the whole picture.

I had no deductible in 2010. I now have an individual deductible of $1,200 and a family deductible of $2,400. My co-pay back in 2010 was $15. Today it is $25. So my out of pocket expenses have risen too. I estimate I can add another 15% of increase due to these changes. Therefore, I’ve experienced 80% inflation in my health insurance expenses versus the BLS lie of 16%.

In case you weren’t paying attention, the BEA reported the latest GDP lie yesterday. According to these government drones, the economy grew by a whopping 0.5% in the first quarter. As you may or may not know, this figure is adjusted for inflation. Our beloved BLS propagandists assure us that inflation has been running at a microscopic 0.9% over the last twelve months. Does anyone who is not a halfwit or Ivy League educated economist actually believe that tripe?

As most people know, 67% of GDP is based upon consumer spending in our debt financed land of plenty. It seems the more you have to pay due to Obamacare, the higher GDP goes. The more you pay for rent the higher GDP goes. The more you pay for gas, heat, and food, the higher GDP goes. Isn’t government accounting grand? The government systematically under-reports your true inflation, while pushing the monetary and fiscal policies which drive your actual living expenses ever higher, and then tells you the economy has never been better. They love the Big Lie.

The utter falsehood of the BLS presented inflation statistics is clearly apparent in the comparison between what is happening in the real world of housing versus their excel spreadsheet models. The BLS declares rents are rising at a 3.2% annual rate. In the real world they are rising at an 8% annual rate. There appears to be a slight discrepancy. Do you think the market is lying or the government? The average monthly rent is now $870, an all-time high – up 24% since 2012. The BLS says rents are only up 10.8% since 2012. Do you believe your landlord or the BLS?

The ridiculously conceived owners equivalent rent is supposed to capture home price inflation. This BLS rigged black box also accounts for the largest single weighting in the CPI calculation. Nothing like a made up number to give the BLS the most ability to manipulate the truth. The Case Shiller home price index, based upon real prices in real markets shows that home prices are up 22.7% since 2012 due to the Federal Reserve/Wall Street scheme/scam. You have the government/establishment artificially jacking up home prices to fix the Wall Street balance sheets and then you have the government drones falsifying inflation data to show home prices only going up by 10% since 2012.

You have the government agency tasked with reporting accurate inflation data under-reporting rent and home price inflation by over 100%. Not exactly a rounding error. And the list goes on. In the real world of gas prices, we’ve seen a 30% increase in the price to fill up our vehicles since February. According to our fantasy loving friends at the BLS, gas prices have fallen by 10.8% over this time frame. Could they be a bigger joke?

Actually, yes they can. They are reporting natural gas prices falling 0.8% in the last month, when in the real world natural gas prices have skyrocketed by over 13%.

NATURAL GAS

Aren’t you glad none of your clothes are made of cotton?

COTTON

According to the Bureau of Lies & Scams food prices have not risen one penny in the last three months. Over the last year they report a barely evident 0.8% increase in food prices. I find that quite amusing, as I do the regular grocery shopping in our house and I do not see flat food prices. Even with cutting out overpriced beef, my weekly grocery bill is at least 5% higher than last year. The real world prices of some major food items below, blows a hole in the fake data being presented by the BLS.

CORN

SOYBEANS

COCOA

SUGAR

I don’t know about the rest of the world, but food, housing, gasoline, utilities, and healthcare make up a huge portion of my budget. And those prices are rising at a 5% to 10% clip on an annual basis today. Janet Yellen is worried about deflation and is keeping interest rates near 0%. Is she lying or is she really that stupid and disconnected from the real world? I’d suggest we follow George Carlin’s advice.

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Venezuela Runs Out of Beer

Venezuela’s largest privately-owned beer company has stopped producing beer after running out of malted barley (or, more specifically, running out of foreign currency with which to buy malted barley).

The company, Empresas Polar, stopped production yesterday—it warned last week that it would run out of malted barley by then.

Polar is putting “your drunk uncle’s favorite political forecast to the test,” Francisco Toro of the Caracas Chronicles wrote. “You know the one I’m talking about, right? That one uncle of yours who gets drunk at every family gathering and starts to rant about how the only way we’re going to get people mad enough to take to the streets and overthrow the government is if the beer runs out? Well, here you have it Tio.”

Polar says it’s been warning the country for a year about the need for sufficient access to foreign currency “to keep making products demanded by Venezuelans.”

Beer now joins a long list of products and food that there have been shortages of in socialist Venezuela since the price of oil went down and the country’s government did nothing to loosen its grip on the economy.

In Venezuela, there have been shortages of: Batteries, beef, birth control pills, bleach, brass, bread, breast implants, butter, cheese, chicken, chocolate, clothes iron, coffee, coffins, condensed milk, condoms, corn oil, deodorant, detergents, diapers, eggs, fabric softeners, fish, flour, French fries, fruits, gauze, hops, ice cream, insecticide, jams, juice, lentils, margarine, Marie biscuits, makeup, mayonnaise, medical gloves, milk, mouthwash, mustard, napkins, oatmeal, olives, pan de jamón, pasta, peas, pork, powdered milk, raisins, razors, rice, sanitary napkins, sacramental bread, sardines, satin, shampoo, shoes, skim milk, soap, sodas, sugar, sunflower oil, tires, toilet paper, toothbrushes, toothpaste, varnish, vegetables, water, wine, and more.

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Can Blockchain Technology Reduce Third-World Poverty?

In The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else (2000), Peruvian economist Hernando de Soto argued that the underlying cause of Third-World poverty is weak property rights. Citizens of poor countries can’t securely develop plots of land or put them up as collateral because they don’t have clear legal titles. In a world “where ownership of most assets is difficult to trace and validate and is governed by no legally recognizable set of rules,” de Soto wrote, “most assets, in short, are dead capital.”Honduran land title books ||| Factom

De Soto is now part of a new initiative to use the “blockchain,” the technology that undergirds the digital currency Bitcoin, to solve the dead capital problem.

The San Francisco-based Bitcoin company BitFury announced last week that it was working with de Soto and the Republic of Georgia on a project to use blockchain technology to build a new land registry, as Forbes first reported. “By building a blockchain-based property registry,” one Georgian government official said in a statement, the country “can lead the world in changing the way land titling is done and pave the way to additional prosperity for all.”

A “blockchain” is essentially an online database with attributes that make it well-suited to protecting the integrity of land registries. The first thing that sets blockchains apart from other databases is that anyone with a computer and an internet connection can download a complete copy. And the information contained in the file is constantly updated through the internet (roughly every 10 minutes in the case of the Bitcoin blockchain). This means the most up-to-date information is always publicly accessible. And the government has no power to tamper with or delete the information stored on a blockchain because the data can only be altered by using secret passwords dispersed among users.

Yet uploading actual land titles to a blockchain is impractical because these distributed databases aren’t designed to hold very much information. So companies in this space are devising elegant ways to anchor large data sets to the blockchain in ways that piggyback on its security and immutability, even when the specific information itself is stored elsewhere.

Honduran land title book ||| FactomBitFury isn’t the first company to work in this space. The Austin, Texas-based company technology company Factom has been in talks since 2015 with the government of Honduras to use blockchain technology to build a secure land registry in that country.

Currently, Honduras stores its title records in a room at the bottom of “dusty stairs” in a “nasty old government building,” Factom CEO Peter Kirby said in an interview last year with Reason. Until recently, the room had no door.

“Anybody could go in, pull down a book, open up the spine, and replace a title record with a new title record,” Kirby said. Some government bureaucrats have altered the records to assign themselves beachfront property. The Honduran government did at one point attempt to digitize its land records, but the database it built was unuseable.

A tamper-proof land-titling system, says Kirby, will lead poor countries to build “all of the infrastructure we take for granted in the developed world.”

For more on blockchain technology, click below to watch a recent Reason TV video on Ethereum, a new blockchain platform that’s well-suited for land registries and many many other types of applications:

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US-Created System In Iraq Is Collapsing: Protesters Storm Parliament, State of Emergency Declared – Live Webcast

Less than two years ago, the US set up another puppet government in the mid-east this time in the state of Iraq when following substantial US pressure, on August 14, 2014 then prime minister al-Maliki agreed to stepped down and be replaced with Haider al-Abadi. Today, the regime is in chaos and the system set up in Iraq by the US is collapsing when protesters loyal to popular Shiite cleric Muqtada al-Sadr breached the heavily fortified Green Zone, home to government buildings and foreign embassiesm and stormed the Iraqi parliament, forcing MPs to flee and resulting in a state of emergency being declared for all of Baghdad.

As can be seen in the photo (and live webcast below), hundreds of demonstrators occupied the country’s parliament. Video from inside the building showed jubilant crowds waving Iraqi flags and shouting “peaceful, peaceful.” Supporters of Sadr, whose fighters once controlled swaths of Baghdad and helped defend the capital from ISIS, have been demonstrating for weeks at the gates of the Green Zone, responding to their leader’s call to pressure the government to reform.

Cited by NBC, Brig. Gen. Saad Mann, a spokesman for the Iraqi military, said that Iraq security authorities have declared a state of emergency in Baghdad. “All gates that lead to Baghdad are closed. No one is allowed to enter into Baghdad, only those who want to leave Baghdad can do so.” “There is no evacuation for the American staff inside the American embassy,” he said. A U.S. official who spoke on condition of anonymity said the American Embassy in Baghdad was not being evacuated, contrary to local reports. We expect that should the pro-US government fall, this will promptly change.

Security forces responsible for guarding the entrance to the area were not able to stop the demonstrators without opening fire so they let them in, the security source told NBC News. As a result, the protest is mostly peaceful for now.

A live webcast form the scene of the Iraqi parliament can be seen after the jump.

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Berkshire Hathaway Annual Meeting Live Stream

For the first time ever, Berkshire Hathaway’s annual meeting in Omaha goes digital and is being webcast live on Yahoo Finance. Those so inclined can watch Warren Buffett and Charlie Munger’s deep thoughts in real time from the Woodstock of Crony Capitalism at the webcast link below.

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Oil’s Latest Casualty: Saudi Binladin Group Fires 50,000 Workers, A Quarter Of Its Workforce

In the latest clear sign that low oil prices are taking their indirect toll not only the US shale sector, leading to billions in capex cuts and hundreds of thousands of lost oil and gas jobs, on Friday Saudi newspaper al-Watan reported that the multinational construction conglomerate Saudi Binladin Gropu (which was founded in 1931 by Sheikh Mohammed bin Laden Sayyid, father of Osama bin Laden who was removed as a shareholder in the business in 1993 and disowned by the family) has laid off 50,000 staff as pressure on the industry rises amid government spending cuts to survive an era of cheap oil.

This means that Binladin, one of Saudi Arabia’s biggest firms and among the Middle East’s largest builders, whose total workforce is around 200,000 just fired a quarter of its total staff.

Reuters adds, citing al-Watan’s unnamed sources, that the group has terminated the contracts of 50,000 workers – apparently all foreigners – and given them permanent exit visa to leave the kingdom. However, the workers have refused to leave the country without getting paid as some had not received wages for more than four months. Furthermore, they were protesting in front of the Binladin’s offices in the country almost daily, the paper added.

What is most disturbing is that one of the biggest companies in Saudi Arabia if the not the Middle East, has had a series of pay disputes with workers this year as it appears unable to fund payroll. In March, scores of workers gathered outside one of the company’s office in Saudi Arabia to demand unpaid wages.

Migrant workers, who work for Saudi Binladin Group, gather as they
ask for a final settlement over salary issue

While Binladin prospered during Saudi Arabia’s high oil price-driven economic boom in the past decade, employing around 200,000 workers as it built many of the kingdom’s flagship infrastructure projects including airports, roads and skyscrapers, like many other Saudi construction firms, it has been hit hard in the past year as low oil prices have prompted the government to slash spending in an effort to curb a budget deficit that totaled nearly $100 billion last year.

As Reuters adds, labor market reforms, designed to push more Saudi citizens into private sector jobs, have since 2011 made it more difficult and expensive for construction firms to hire foreign workers, pressuring the industry.

The Binladin Group made tragic headlines last September (ironically, the 11th) when a crane toppled into Mecca’s Grand Mosque during a dust storm, killing 107 people. Following the incident, the Saudi royal court said Binladin had been suspended from taking new contracts. An initial government probe found Binladin had not properly secured the crane. Binladin did not issue a public statement in response to the suspension.

Worse, it is no longer just Binladin’s income statement that is impacted but the stress is now spreading to its balance sheet: the company has been discussing how to manage its debts with banks and a few have agreed to refinance some debt through steps such as extending maturities, with some providing short-term financing for the company’s working capital including staff wages, Reuters said. It is unclear if the conglomerate will still be able to avoid a comprehensive restructuring should oil remains in the $40-barrel range.

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More States Consider Food Freedom Bills: New at Reason

Farmer's marketLast year, Wyoming adopted the country’s first formal food freedom law. Shortly after the law passed, Baylen Linnekin spoke with State Rep. Tyler Lindholm (R), who co-sponsored the bill with a Democratic colleague.

Lindholm predicted the law would be “a game changer” for agriculture in the state.

This week, Lindholm said it’s done just that, so much so that legislators are looking into ways to magnify the law. And now other states are considering their own laws to liberate average citizens from overly oppressive food safety regulations.

View this article.

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The SHOCKING Inside Scoop On Being a Guest Writer At Zero Hedge

I've been a guest writer at Zero Hedge for quite a few years. 

Shocking as it may seem, "Tyler" and the gang have put absolutely no pressure on me to spin stories one way or the other.

… Or to avoid any topics.

I've asked Tyler more than once whether I should write on a certain topic, and he's consistently – and shockingly – said I should write whatever I want.

For example, on, January 11, 2010, I wrote: "Tyler: Not Sure Whether This is Appropriate For ZH."

Tyler wrote back:

Go for it.

On August 17, 2010, I wrote:  "I don't know if I should post to ZH."

Tyler responded:

Don’t see why not. People enjoy the debate

On September 5, 2010, I ran a new story by Tyler, asking: "Tyler: Appropriate or Inappropriate for ZH?"

He wrote back:

Yes.

On September 10, 2010, I floated another controversial post – which I was sure would be shot down – asking: "Not Appropriate for ZH?"

Tyler wrote back:

Post. We don’t censor

Those are just a few examples I found in a couple minutes of trawling through my old emails.

And that's why I like Zero Hedge so much … it really is a free market-place of ideas.

Indeed, I love how the site pulls no punches and slams every clown running amok … whether EU dictocrats,the Keynesians running the Chinese economy, the failed socialists in Venezuela, Putin, or corrupt American politicians and economic "leaders" (whether they call themselves "Democrats" or "Republicans".

Like the boy who points out that the emperor has no clothes – when everyone else is busy scraping and bowing and currying favor – Zero Hedge is a great site exactly because it calls it like it sees it.

No wonder the mainstream media hates it so much …

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The Oligarchy Is Tottering – Trump Tramples The Neocons’ “False Song Of Globalism”

Submitted by Justin Raimondo via AntiWar.com,

The reaction to GOP frontrunner Donald Trump’s much-awaited foreign policy speechfrom the Washington elites was all-too-predictable: they sneered and snickered that he had mispronounced “Tanzania.” The more substantive criticisms weren’t much better: perpetual warmonger Lindsey Graham, whose presidential bid garnered zeropercent in the polls, tweeted “Trump’s FP speech not conservative. It’s isolationism surrounded by disconnected thought, demonstrates lack of understanding threats we face.” For Graham, anything less than starting World War III is “isolationism” – a view that gives us some insight into why his presidential campaign was the biggest flop since the “new” Coke. This is the party line of neoconservatives who have long dominated Republican foreign policy orthodoxy, to the GOP’s detriment. Neocon character assassin Jamie Kirchick, writing in the European edition of Politico, put a new gloss on it by claiming to detect a Vast Kremlin Conspiracy as the animating spirit behind the Trump campaign.

Which just goes to show that having Roy Cohn as your role model can lead one down some pretty slimy rabbit holes. I guess that’s why the editors of Politico put Kirchick’s smear piece in the European edition, where hardly anyone will read it, saving a morereasonable analysis by Jacob Heilbrunn for the US version. (Although, to be sure, apiece by neocon-friendly Michael Crowley limns the same McCarthyite theme inPolitico’s magazine.)

Heilbrunn is the editor of The National Interest, publication of the Nixon Center, which has been a sanctuary for the outnumbered – but now rising – “realist” school of foreign policy analysts. The Trump speech was sponsored by TNI, and Heilbrunn gave a very interesting if somewhat defensive explanation for the motives behind their invitation to Trump, succinctly summarizing its significance:

“His speech did not deviate from the themes he has already enunciated and it showed that he is willing to go very far indeed. Nothing like this has been heard from a Republican foreign policy candidate in decades. Trump doesn’t want to modify the party’s foreign policy stands. He’s out to destroy them.”

This is why the Republican Establishment hates Trump: it’s no accident that the same neocons who lied us into the Iraq war and profited personally and professionally from that disastrous adventure are now in the vanguard of the “Never Trump” brigade. As Heilbrunn points out:

“This is why perhaps his most significant statement was: ‘I will also look for talented experts with new approaches, and practical ideas, rather than surrounding myself with those who have perfect résumés but very little to brag about except responsibility for a long history of failed policies and continued losses at war.’ What Trump is talking about is dispensing with an entire wing of the GOP that has controlled the commanding heights of foreign policy over recent decades.”

This is my favorite part of Trump’s peroration. Here he is openly telling the neocons, who have inveigled themselves into every administration since the days of Ronald Reagan, that they will be kicked to the curb if and when he takes the White House. Which is why they are even now returning to the Democratic party, channeling the long departed spirit of “Scoop” Jackson – and good riddance to them. If ever a group of failed ideologues deserved their comeuppance it is this gang, which led the nation into the Middle East quagmire and steered the GOP to a series of humiliating defeats.

Pledging to “shake the rust off America’s foreign policy,” Trump started out by saying he would “invite new voices and new visions into the fold.” And while I think Heilbrunn’s somewhat overstates the case, it is certainly true that what follows is something we haven’t heard from a Republican frontrunner is quite a long time. Adopting a campaign slogan that has the neocons and their left-wing internationalist enablers in a lather, Trump reiterated his theme of “America First” – a phrase with a long and largely misunderstood history in the annals of American conservatism, and one which he gives new life and new meaning.

Trump gives us a capsule history of US foreign policy, from World War II to the end of the cold war, that is light on nuance but true in essence: we “saved the world” twice, and then crashed on the rocks of hubris and miscalculation:

“Unfortunately, after the Cold War our foreign policy veered badly off course. We failed to develop a new vision for a new time. In fact, as time went on, our foreign policy began to make less and less sense. Logic was replaced with foolishness and arrogance, which led to one foreign policy disaster after another.

 

“They just kept coming and coming. We went from mistakes in Iraq to Egypt to Libya, to President Obama’s line in the sand in Syria. Each of these actions have helped to throw the region into chaos and gave ISIS the space it needs to grow and prosper. Very bad. It all began with a dangerous idea that we could make western democracies out of countries that had no experience or interests in becoming a western democracy.

 

“We tore up what institutions they had and then were surprised at what we unleashed. Civil war, religious fanaticism, thousands of Americans and just killed be lives, lives, lives wasted. Horribly wasted. Many trillions of dollars were lost as a result. The vacuum was created that ISIS would fill. Iran, too, would rush in and fill that void much to their really unjust enrichment.”

A more perceptive summary of the post-Soviet post-9/11 policies that have led us to disaster would be hard to imagine: indeed, Trump’s critique parallels what we have been saying on this web site ever since its founding in 1995. To hear it coming from a Republican candidate for President who is not Ron Paul is astonishing: and that it is being said by the GOP frontrunner, who spoke these words after winning every county in five Northeastern states, is simply breathtaking.

I’ve covered Trump’s views on NATO in this space, but in this speech he gives us a new perspective. He is constantly bewailing the fact that Obama’s America projects weakness – a standard Republican line – but here he makes clear that he’s not just talking about how our enemies perceive us, but also how our alleged friends see us

“Our allies are not paying their fair share, and I’ve been talking about this recently a lot. Our allies must contribute toward their financial, political, and human costs, have to do it, of our tremendous security burden. But many of them are simply not doing so.

 

“They look at the United States as weak and forgiving and feel no obligation to honor their agreements with us. In NATO, for instance, only 4 of 28 other member countries besides America, are spending the minimum required 2 percent of GDP on defense. We have spent trillions of dollars over time on planes, missiles, ships, equipment, building up our military to provide a strong defense for Europe and Asia.

 

“The countries we are defending must pay for the cost of this defense, and if not, the U.S. must be prepared to let these countries defend themselves. We have no choice.”

Billions of dollars in “defense” spending are tied up in NATO contracts: the power and prestige of Washington’s foreign policy “experts” are inextricably linked to maintaining the Atlanticist bridge that binds us to our free-riding European client states. And now the candidate most likely to win the GOP presidential nomination is threatening to take it all away from them. No wonder they hate his guts and will do anything to stop him.

A major push by the neoconservatives and their left-internationalist allies in the Clinton camp has been a campaign to demonize the Russians and restart the cold war. Trump made it clear he is having none of that:

“We desire to live peacefully and in friendship with Russia and China. We have serious differences with these two nations, and must regard them with open eyes, but we are not bound to be adversaries. We should seek common ground based on shared interests.

 

“Russia, for instance, has also seen the horror of Islamic terrorism. I believe an easing of tensions, and improved relations with Russia from a position of strength only is possible, absolutely possible. Common sense says this cycle, this horrible cycle of hostility must end and ideally will end soon. Good for both countries.

 

“Some say the Russians won’t be reasonable. I intend to find out. If we can’t make a deal under my administration, a deal that’s great – not good, great – for America, but also good for Russia, then we will quickly walk from the table. It’s as simple as that. We’re going to find out.”

While much attention is paid to the Middle East, the real threat to peace is the possibility of a stand off between Washington and Moscow. A new arms race is in the works, and the threat of nuclear conflict – which Trump correctly says is the biggest threat of all – looms larger by the day. That Trump seeks a rapprochement with Russia is a very big plus – and a major reason why the War Party has mobilized against him.

When it comes to the Middle East, Trump is proposing a new turn:

“Unlike other candidates for the presidency, war and aggression will not be my first instinct. You cannot have a foreign policy without diplomacy. A superpower understands that caution and restraint are really truly signs of strength. Although not in government service, I was totally against the war in Iraq, very proudly, saying for many years that it would destabilize the Middle East. Sadly, I was correct, and the biggest beneficiary has been has been Iran, who is systematically taking over Iraq and gaining access to their very rich oil reserves, something it has wanted to do for decades.

 

“And now, to top it off, we have ISIS. My goal is to establish a foreign policy that will endure for several generations. That’s why I also look and have to look for talented experts with approaches and practical ideas, rather than surrounding myself with those who have perfect résumés but very little to brag about except responsibility for a long history of failed policies and continued losses at war. We have to look to new people.”

Out with the neocons – and in with a new foreign policy that promotes peace, prosperity, and the radical idea that we have to put American interests first. Trump was explicitly making an appeal to anti-interventionists when he said:

“The world must know that we do not go abroad in search of enemies, that we are always happy when old enemies become friends and when old friends become allies, that’s what we want. We want them to be our allies.

 

“We want the world to be – we want to bring peace to the world. Too much destruction out there, too many destructive weapons. The power of weaponry is the single biggest problem that we have today in the world.

 

“To achieve these goals, Americans must have confidence in their country and its leadership. Again, many Americans must wonder why we our politicians seem more interested in defending the borders of foreign countries than in defending their own.”

And then there’s this:

“No country has ever prospered that failed to put its own interests first. Both our friends and our enemies put their countries above ours and we, while being fair to them, must start doing the same. We will no longer surrender this country or its people to the false song of globalism. The nation-state remains the true foundation for happiness and harmony. I am skeptical of international unions that tie us up and bring America down and will never enter.”

Now I can imagine some libertarians will cringe at the idea that the nation-state is a foundation for any kind of happiness, but they fail to put this in context: we’re talking here about a nation-state founded as a result of a victorious American Revolution – the only successful libertarian revolution in history.

Which brings us to the darker side of Trumpian nationalism, with its all its contradictions – some of them potentially fatal.

Like all nationalism, Trump’s is ambidextrous: the American variety is usually inward-looking, with its European cousin mostly expansionist-minded. And yet it can be bellicose when it perceives a threat, a characteristic that fits neatly with Trump’s public persona. There are certain advantages to this: as one of my Twitter followers put it, “For better or for worse, Trump’s anti-interventionism works because he doesn’t project sympathy for the enemy.” Opponents of America’s wars have been regularly subjected to the argument – a smear, really – that they’re working on behalf of America’s enemies. About Trump the War Party can make no such accusation.

Yet this immunity also confers contradictions, and Trump’s speech is rife with them. He has said he opposes sending ground troops to Syria to fight ISIS, and yet he insists ISIS will be defeated during his presidency – although he’s unwilling to say just how. We’re too “predictable,” he avers, but don’t the American people have the right to know what his plan is?

He wants to “rebuild” the military – as if a country that spends 40 percent of all the money spent on “defense” worldwide requires it. Yes, he says he wants to ensure US military “dominance” so that no one will ever dare to attack us – and therefore we’ll never have to actually use our military – and yet if one is constantly preparing for war, then war will surely come. Trump, like Ron Paul, is constantly talking about our huge national debt: unlike Paul, however, he wants to “invest” in the military because it’s the “best” investment and he’s vowed to spare no expense. Suddenly the debt is conveniently forgotten.

Trump rightly points to the power of modern weaponry – specifically, nuclear weapons – as the biggest threat to our security, and yet in his speech he called for ramping up and “modernizing” our nuclear deterrent. This project, already undertaken by the Obama administration, involves miniaturizing nukes and therefore making them more “usable” – a dangerous development indeed.

Trump rails against the Iran deal: it’s a “bad deal,” the “absolute worst,” he insists. And yet Iran has abided by it, to the letter. War has been avoided: and he himself has said he wouldn’t rip it up, as his rival Ted Cruz has vowed. While saying we shouldn’t go abroad seeking enemies, his fearmongering over the alleged threat from Iran tells a different story. The reality is that there’s no evidence Iran is seeking to build a nuclear arsenal: our own intelligence community has confirmed this. Yet to listen to Trump, you’d think they’re about to nuke the Trump Tower. So there’s another contradiction – and they’re adding up.

His fearmongering over Iran is tied to his pandering to Israel, which he glorifies as “the only democracy in the Middle East.” In Trump’s world, Israel is blameless: its occupation of the West Bank, its merciless attacks on defenseless Gaza, its apartheid-like domestic regime – all this ignored. While it’s true that he says he would be “evenhanded” in trying to negotiate a settlement of the Israeli-Palestinian conflict, how seriously can we take this pledge when his pro-Israel rhetoric is so over-the-top? Indeed, he attacks the Obama administration for its supposedly ill treatment of Israel, and yet they are just trying to be as evenhanded as he says he wants to be.

American nationalism is a schizophrenic creature: on the one hand, it is pacific, inward-looking, and benign. On the other hand, it can be vengeful, aggressive, and malevolent. Like Trump himself, it is often unpredictable. And therein lies the danger – and the opportunity.

Nationalists of the Trumpian sort see America as an exceptional nation, but unlike the aggressive nationalists of the neoconservative variety they don’t believe the American system can be exported, and certainly not by force of arms.  As Trump put it in his speech:

“Finally, I will work with our allies to reinvigorate Western values and institutions. Instead of trying to spread universal values that not everybody shares or wants, we should understand that strengthening and promoting Western civilization and its accomplishments will do more to inspire positive reforms around the world than military interventions.”

This rejection of catholicity is the core of the nationalist insight: it accounts for their views on immigration as well as their noninterventionist foreign policy. Trump weaves these strands into a pattern of thought that is challenging – and displacing – the militant universalism that unites both neoconservatism and modern liberalism.

For all his faults as a candidate, Trump is forcing a sea change in the American political discourse. His campaign for the presidency has certainly shifted the terms of the debate over foreign policy, not only in the GOP but generally. Senator Rand Paul’s candidacy was dogged by questions about his lack of “orthodoxy” on foreign policy issues. That orthodoxy has now been smashed to smithereens, and future Rand Pauls will face no such suspicious inquiries. Candidates will no longer be required to sing, in unison, “the false song of globalism” – and we have Donald Trump to thank for that.

The task of anti-interventionists is not – as some would have it – to sit on the sidelines, or to join the “Never Trump” neocons and Clintonistas in attacking the Trump phenomenon as somehow beyond the pale. It is, instead, to push the discourse even further. We must take advantage of the opening provided by Trump’s campaign to point out the contradictions, recruit Trump’s supporters into a broader movement to change American foreign policy, and break the bipartisan interventionist consensus once and for all.

For the past twenty years, movements have arisen to challenge American imperialism: the campaigns of Pat Buchanan, the antiwar left that arose during the Bush years, the Ron Paul campaigns that energized many thousands of young people and put some meat on the bones of the libertarian movement. You’ll note the pattern: the Buchanan movement was small yet vociferous, the antiwar left was much bigger and yet more diffuse, the Ron Paulians were (and are) substantial in size and highly focused and well-organized – yet all crested without achieving a mass character, falling short of their goals.

The Trump movement is different: it is massive, and it is capable of winning. That’s what has the Establishment in such a panic that they are considering denying Trump the nomination and bringing in a candidate on a “white horse” to steal the GOP from the Trumpians. If that happens, the system will be shaken to its very foundations, its very legitimacy in doubt – a perfect storm as far as libertarians are concerned.

But there is more to it than that. If we step back from the daily news cycle, and consider the larger significance of the Trump phenomenon, the meaning of it all is unmistakable: we haven’t seen anything like this in American politics – not ever. Revolution is in the air. The oligarchy is tottering. The American people are waking up, and rising up – and those who try to ignore it or disdain it as mere “populism” will be left behind.

Yes, the road ahead is going to be rough, largely unpaved, and strewn with pitfalls. It would be easy to fall prey to the errors of pandering, of over-adaptation, or their opposite: sectarianism, and strategic inflexibility. Ideological entrepreneurship is an art, not a science, and it takes a skillful player to distinguish between opportunism and taking advantage of legitimate opportunities.

Yet there is no alternative, because abstention means extinction. Libertarians – and anti-interventionists of every political stripe – must intervene, or die out. Natural selection will take care of those who cannot or will not adapt to the new reality.

And this kind of sectarianism is absolutely unforgivable, because the new reality is far from a hostile environment. It is, in many ways, far more conducive than the old left-right paradigm, which is seeing the last of its iron grip on political consciousness loosened and dispelled.

We are living in revolutionary times. Every political movement and tendency will be put to the test. Some will be found wanting, and they will fall by the wayside. Others will adapt and prosper. Whether we have the courage to face the future is an issue that will soon be decided, and it is we who will do the deciding – because our fate is in our hands.

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The Most Expensive Cities To Live In Across The Globe

‘Exceptional’ America is no longer the home of the world’s most expensive city in which to live and work. As the latest report from the World Economic Forum finds, the honor of the priciest place to reside is the United Kingdom’s capital – London. At £80,777 (~$120,000) per person per year, “The Big Smoke” is twice as costly as Los Angeles or Sydney…

London has topped the list since June 2014…

 

However, all is not lost for USA, USA, USA!

A quarter of the top 20 most expensive cities are in the United States, with New York (at a yearly cost of over £79,000) coming in just behind London.

Overall, the average cost of home and office accommodation per person per year across the top 20 cities is £40,641, with Rio de Janeiro being the most affordable.

Savills’ index is aimed at giving employers an idea of the cost of accommodating an employee in cities around the world. Head of World Research at Savills, Yolande Barnes, says: “The productivity of cities and their value to global businesses clearly has a pronounced effect on demand and hence rental costs.”

 

The highest-ranking cities for productivity, such as London and New York, are also the most expensive to live and work in.

 

Barnes adds: “World cities can become a victim of their own success when rents rise to the point where affordability becomes an issue.”

 

Savills wants to see an increase in supply of high-quality workspace, noting that this will be a crucial development for emerging cities such as Rio de Janeiro, Mumbai and Lagos.

Of course, there is always Vancouver (if you’re Chinese).

via http://ift.tt/1TBf3v4 Tyler Durden