Chicago Teachers’ Union President, Hater Of Private Schools And School Choice, Reportedly Sends Child To Private School

Chicago Teachers’ Union President, Hater Of Private Schools And School Choice, Reportedly Sends Child To Private School

By Mark Glennon of Wirepoints

Stacy Davis-Gates is undoubtedly Illinois’ most prominent and rabid opponent of school choice — and pretty much everybody and everything associated with it, all of which she labels racist or worse. As president of the Chicago Teachers Union, she is at the forefront of its campaign to kill Illinois’ meager Invest in Kids Act, which currently gives about 9,000 disadvantaged kids scholarships to attend private schools. “It must be ‘game over’” for the program, the CTU says.

But, as initially reported** by SubX News, she sends one of her kids to to Chicago’s De La Salle Institute, a private, Catholic high school.

CTU Pres. Stacy Davis-Gates and the De La Salle logo

Consider that in light of some of what she has said against providing needy parents with the means to attend a private school like De La Salle through school choice programs [emphasis is added]:

I’m also a mother, my children go to the Chicago public school,she said in a webinar. “These are things that help to legitimize my space within the coalition but also helps to amplify my voice as a leader in labor because a white dude whose kids go to school in the suburbs can’t really have that same voice in the same way.”

When asked in an interview if she had concerns about school-choice and privatization supporters running for the school board, she said, “Yes, we are concerned about the encroachment of fascists in Chicago. We are concerned about the marginalization of public education through the eyes of those who’ve never intended for Black people to be educated. So we’re going to fight tooth and nail to make sure that type of fascism and racism does not exist on our Board of Education.”

I can’t advocate on behalf of public education and the children of this city and educators in this city without it taking root in my own household,” she told Chicago Magazine.

On Twitter, she has said things like “School choice was actually the choice of racists. It was created to avoid integrating schools with Black children.” Private schools areSegregation Academies,” she wrote on Twitter. “Call them private schools supported by taxpayer funds – vouchers – so your northern cousins understand better,” she said. And she linked to an article titled “The Racist Origins of Private School Vouchers.”

De La Salle, where Davis-Gates sends one of her three kids, has long been a diamond in the rough of Southside high schools. But with tuition at $14,750 per year, it’s open only to those with some means, like Davis-Gates, and the few who are fortunate enough to get financial help.

School choice is about getting that help to more of the poor –- creating equality of choice with those who have means. The Invest in Kids Act does that, though for too few students thanks to its paltry funding. Davis-Gates’ opposition to it and her statements about private schools, all while constantly claiming status as the poor’s heroine, are hypocrisy at its most revolting.

In a Chicago mayoral endorsement of Brandon Johnson, she wrote she picked somebody who “values my intersections.”

Her “intersections” include two faces.

** I have reached out to CTU for confirmation that Davis-Gates has a child enrolled in a private school and will update if I get a response. Numerous entries on Twitter have also asked her to respond, but no answers as of the time I wrote this.

Tyler Durden
Mon, 09/04/2023 – 17:10

via ZeroHedge News https://ift.tt/T425ljO Tyler Durden

Biden Built ‘Predictable’ Loophole That Resulted In Flood Of Illegal “Family Units” Into US

Biden Built ‘Predictable’ Loophole That Resulted In Flood Of Illegal “Family Units” Into US

A change made to US immigration policy by the Biden administration led to a “predictable” rise in the number of “family units” attempting to cross into the US border.

Based on a new report of preliminary Customs and Border Patrol (CBP) data, August was the highest month this year for overall migrant encounters – hitting 91,000. Policy experts say that was ‘entirely predictable’ due to a rule change which exempted ‘family units’ from being automatically denied asylum.

“Notwithstanding the administration’s claim that they are refusing to consider asylum claims from people encountered between ports of entry, the rule they adopted has huge loopholes. Among those explicitly exempted are family units,” said Ira Mehlman, a spokesperson for the Federation for American Immigration Reform (FAIR), in a Friday statement to Just the News.

So, guess what? We are seeing a surge in family units crossing the border illegally and it is not even clear if they really are family units. As we have seen in the past, there have been rent-a-kid schemes to help people take advantage of the laxer rules that apply to adults accompanied by children. The record number of family units encountered at the border was entirely predictable,” he added.

Since May, immigrants seeking asylum at the U.S. border have been able to request appointments, up to 1,450 per day, CPB says, with immigration officials using the CBP One smartphone application

Mark Krikorian, executive director of the Center for Immigration Studies, told Just the News that the immigrants who use the CBP One app to schedule appointments still have to make it to the border somehow. -Just the News

“They still have to pay smugglers to get here and the whole thing is a boon for alien smugglers,” said Krikorian. “It’s supposed to only be for people who have made it to Mexico already and even that’s bad enough, because you have to pay a smuggler to get there but the smugglers have figured it out. They’re actually using it.”

Krikorian also says that the increase in family units was predictable due to current DHS policy.

“I don’t know what the administration thought was going to happen,” he continued.

Hilariously, the White House is now claiming that President Joe Biden has “done more” to secure the border “than anybody else.”

Secure it for who, exactly?

According to the CBP, a family is defined as “group of two or more aliens consisting of a minor or minors accompanied by his/her/their adult parent(s) or legal guardian(s).”

Last Thursday, the Washington Post reported that the number of family units seeking entry into the US hit a record high in August.

The Post reports that the US Border Patrol “arrested at least 91,000 immigrants who crossed as part of a family group in August, exceeding the prior one-month record of 84,486 set in May 2019.”

And how many didn’t they arrest?

Tyler Durden
Mon, 09/04/2023 – 16:45

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Drunk Drivers Causing Parental Deaths Now Liable For Child Support In Texas

Drunk Drivers Causing Parental Deaths Now Liable For Child Support In Texas

Authored by Mimi Nguyen Ly via The Epoch Times,

Drunk drivers who are convicted of intoxication manslaughter will now need to pay child support if they kill a parent or guardian of a child in a car crash, according to a new Texas law that went into effect on Sept. 1.

The law was a bipartisan bill that Gov. Greg Abbott, a Republican, signed in June.

“Any time a parent passes is tragic, but a death at the hands of a drunk driver is especially heinous,” Mr. Abbott said at the time.

“I was proud to sign HB 393 into law this year to require offenders to pay child support for the children of their victims.”

Advocates of the law view it as a way to discourage drunk driving.

Under the law, Texas House Bill 393, the court shall order a person convicted of intoxicated manslaughter “to pay restitution for a child whose parent or guardian was the victim of the offense.”

“[T]he court shall determine an amount to be paid monthly for the support of the child until the child reaches 18 years of age or has graduated from high school, whichever is later,” text of the legislation reads.

The court will weigh several factors when deciding the restitution amount, such as the child’s financial situation and needs. If relevant, the finances of the surviving parent, guardian, or the Department of Family and Protective Services will be taken into account. The child’s standard of living, overall well-being, and any childcare costs due to a working surviving parent will also influence the decision.

Intoxicated manslaughter in Texas has a potential penalty of up to two decades in prison.

The person convicted of intoxicated manslaughter must start the child support payments within one year of being released. They can make a plan for the missed payments and must pay everything they owe, even if the payment was supposed to end while they were in jail.

The payments will continue until each child of the victim turns 18.

‘Bentley’s Law’

The law has been nicknamed “Bentley’s law.” It was created by Cecilia Williams, a Missouri woman who lost her son, daughter-in-law, and four-month-old grandson in a crash that involved a drunk driver on April 13, 2021.

“I got up out of bed to an officer and a state trooper standing at my door,” Ms. Williams told KSDK-TV in an interview in August 2022.

“They repeatedly told me that they had died in a fiery crash.”

Ms. Williams said in a statement on the website of Mothers Against Drunk Driving (MADD): Bentley’s Law was created out of a tragedy that has affected the lives of two beautiful boys, Bentley and Mason, and the lives of our family. These crashes are totally preventable, and I will continue to fight for change for all who have suffered from impaired drivers. Many families like mine suffer such a loss every second of every day, and Bentley’s Law will bring change to hold the offender accountable for such horrific actions.”

A police officer administers a breathalyzer test to a man at a sobriety checkpoint. (Justin Sullivan/Getty Images)

Tennessee became the first state to pass “Bentley’s Law” in July 2022.

Similar laws are being considered in over 20 other states.

Drunk Driving in Texas

Texas has among the worst rates of drunk driving in the nation, ranking third according to a Forbes analysis in late 2022. Montana has the highest rate, followed by Wyoming.

According to the analysis, Texas has the most underage drunk drivers involved in fatal crashes at approximately 1 per 100,000 residents.

More than 8 drunk drivers per 100,000 were involved in fatal crashes, the second-highest number behind Montana, the report showed.

And nearly 40 percent of all traffic fatalities in the state were caused by drunk drivers.

Tyler Durden
Mon, 09/04/2023 – 16:20

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Orange Man Disqualified? Adam Schiff Talks 14th Amendment

Orange Man Disqualified? Adam Schiff Talks 14th Amendment

Without outright saying so, Democrats have made no secret that their endgame with the various Trump prosecutions is to get him kicked off the 2024 ballot.

To that end, Rep. Adam Schiff (D-CA) said on Sunday that a legal argument to disqualify the former president is “valid,” and that the part of the amendment that bans those who have “engaged in insurrection” from holding elected office “fits Donald Trump to a T.”

Appearing on MSNBC, Schiff told former Biden Spox Jen Psaki that the 14th Amendment doesn’t even require someone to actually be convicted of insurrection in order to be barred from holding public office – only that they must have engaged in it.

I think it is a valid argument. The 14th Amendment, Section 3 is pretty clear. If you engage in acts of insurrection or rebellion against the government, or you give aid and comfort to those who do, you are disqualified from running,” said Schiff. “It doesn’t require that you be convicted of insurrection. It just requires that you have engaged in these acts.”

Of note, Democrats have floated using another section of the 14th Amendment to raise the debt ceiling.

“It’s a disqualification from holding office again, and it fits Donald Trump to a T,” Schiff continued, adding that he imagines this legal theory could either be tested by a secretary of state, or a plaintiff challenging Trump’s name on the ballot – and that he expects the issue to potentially make it all the way to the Supreme Court.

“I think this will be tested when a secretary of state either refuses to put him on the ballot, or puts him on the ballot and is challenged by a litigant. I would imagine it would go up to the Supreme Court, and that’s the big question mark through all of this, which is what will the Supreme Court do?” said Schiff, adding “There are prominent constitutional scholars, as well as prominent progressive scholars who believe that he should be disqualified.”

And what does Schiff think that the conservative-biased Supreme Court will do?

Only time will tell, but I do think it is a very legitimate issue. By the clear terms of the 14th Amendment he should be disqualified from holding office.”

Watch:

And of course, looks like the memo went out.

We’re sure that whatever happens it will be conveniently scheduled for maximum election interference.

Of course, as Andrew C. McCarthy noted in National Review in January, If Trump was not disqualified under the impeachment clause, a remedy that undeniably applied to him, he is not going to be disqualified under the 14th Amendment, which doesn’t.

Tyler Durden
Mon, 09/04/2023 – 15:55

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Zuckerberg’s “Twitter Killer” App Struggles For Traction

Zuckerberg’s “Twitter Killer” App Struggles For Traction

Authored by Benjamin Kew via The Epoch Times,

Meta CEO Mark Zuckerberg’s microblogging platform Threads, launched to great acclaim as Instagram’s “Twitter Killer” in July, appears to be showing signs of struggle.

The initial signs for Threads were extremely encouraging.

The platform—nearly a carbon copy of Twitter, now known as X—pulled in a staggering 100 million sign-ups in less than five days.

Forbes senior contributor John Koetsier outlined how Twitter had “imploded” under the leadership of Elon Musk and cited the “instant credibility” and “simplicity” of Threads as an alternative.

Yet nearly two months on from its seemingly successful launch, Zuckerberg’s vision of stealing Twitter’s thunder may be little more than a pipe dream.

Even NBC admitted on Aug. 24 that the platform is “struggling for traction.”

“An analysis of Android users by Similarweb, a digital data and analytics company, estimated that daily active users on Threads’ Android app peaked at 49.3 million in early July and fell to 10.3 million after a month—a drop of nearly 80%,” the media outlet reported in mid-August.

A week after its July 5 launch, daily active Threads users peaked at around 26.7 million, then gradually declined to around 13.5 million by month’s end, it said.

“Some celebrities who joined the platform before it was available to the public, such as Jennifer Lopez and Tom Brady, haven’t posted at all since launch week. MrBeast, the YouTube star who was the first user to reach 1 million followers on Threads, stopped posting about a month ago.”

One of the most common theories among conservatives for the platform’s underwhelming start is that while Twitter has finally embraced free speech, Threads is a platform governed by strict content moderation and politically driven censorship.

Allum Bokhari, a senior technology reporter at Breitbart News and author of “Deleted: Big Tech’s Battle to Erase a Movement and Subvert Democracy,” told The Epoch Times that the weakness of Threads lies in its failure to attract subversive content.

“Threads was touted as the polite, politically correct alternative to Elon Musk’s X. But when the selling point of your platform is inoffensiveness, you can’t be surprised when users simply get bored,” Mr. Bokhari explained.

“X has become friendlier to edgy, dissident content that polite society would prefer to see banned, and that’s precisely why its users remain loyal.”

This photo illustration shows the X logo (formerly Twitter) on a smartphone screen in Los Angeles, California, on July 31, 2023. (Chris Delmas/AFP via Getty Images)

Free Speech Is Not the Only Concern

Yet, issues of free speech are far from the only concern.

Jake Denton, a research associate at the Tech Policy Center for The Heritage Foundation, told The Epoch Times that while X is moving forward with offering new features, Threads still provides a disappointing user experience.

“While Zuckerberg and Meta were quick to boast about the early sign-up numbers for Threads, that momentum has rapidly dissipated, and the platform seems to be in free fall,” he said. 

“What strikes me most is the stark contrast between the early promises of an exciting new platform and the underwhelming reality that one finds upon logging in.”

Users eager for a fresh experience encountered “a feed saturated with interactions between mega-corporations and consumer brands as” Mr. Denton said, comparing it to “stumbling into a virtual networking event for their social media managers.”

“Meta will truly need a miracle to save this platform from irrelevancy. If Zuckerberg can’t find a way to bring interesting content to the platform—content that people actually want to consume—Threads will be dead on arrival,” he predicted.

Not everyone is as pessimistic about the company’s future.

Mike Benz, executive director of the Foundation for Freedom Online, warned that Threads could be waiting for X to experience a crisis that it can take advantage of.

“Threads doesn’t need to be as good as Twitter to dethrone it—all it needs to be is a close-enough substitute … [so] that when Twitter is destabilized and put into crisis, Threads can be there to catch the fall,” he told The Epoch Times. 

That crisis can come from several directions: financial, if advertiser boycotts ramp back up; legal, via bankrupting lawfare; and regulatory, via new regulations such as the EU’s new disinformation laws.

“There are 2.3 billion Instagram users, versus only 450 million Twitter users. That’s a 5x size advantage Threads has to tap into in terms of the Facebook-Instagram-WhatsApp economy into which Threads is being installed. You can’t underestimate that or rule it out. Especially with government and institutional support,” Mr. Benz said.

He added that, given Mr. Zuckerberg’s willingness to comply with the demands of the Biden administration, Threads may also benefit from being the app of choice for the U.S. national security state.

“Zuckerberg has won back much of that support after doing the Biden admin’s bidding on all things content moderation ahead of the 2020 election and throughout this term,” Mr. Benz said. 

“Because Zuckerberg has proven to be such a reliable ally to the Pentagon and State Department, I would not be surprised if Threads begins to be pushed by the U.S. government for dissident groups funded by the U.S. national security state to use while organizing revolutions or resistance movements abroad,” he said, likening it to the State Department promoting Telegram in 2020 for the attempted color revolution in Belarus.

“It’s hard to predict at the moment,” Mr. Benz said. “… as the 2024 election approaches, or another pandemic scare, or some other crisis or high-stakes geopolitical event appears, the true nature of the threat posed by Threads will make itself more clear.”

However, others believe that Threads’ commitment to censoring the political fringes will prove fatal to its long-term survival.

Among them is former Harvard professor Robert Epstein, a senior research psychologist at the American Institute for Behavioral Research and Technology, who argued that Zuckerberg’s best hope is that Elon Musk sabotages his own company.

“I don’t see a way for Threads to overtake Twitter/X in the microblogging domain,” said Mr. Epstein.

“By minimizing moderation—which Facebook can’t do on Threads—Twitter is attracting more extreme content than it ever has before, and extreme content draws traffic. I don’t see a way for Facebook to compete with that.”

“Of course, it is always possible that Musk or his appointees will mismanage “X” so badly that the company just implodes,” he continued. “Perhaps Zuckerberg is counting on that.”

Yet given Mr. Musk’s track record of building successful companies, most notably Tesla and SpaceX, some might argue that this possibility remains remote.

Mr. Zuckerberg, meanwhile, remains publicly optimistic, insisting that he will spend the rest of the year developing its product and fighting to retain its users.

“I’m very optimistic about how the Threads community is coming together. Early growth was off the charts, but more importantly, 10s of millions of people now come back daily … way ahead of what we expected,” he wrote in late July.

“The focus for the rest of the year is improving the basics and retention. It’ll take time to stabilize, but once we nail that then we’ll focus on growing the community. We’ve run this playbook many times (FB, IG, Stories, Reels, etc) and I’m confident Threads is on a good path too.”

Tyler Durden
Mon, 09/04/2023 – 15:30

via ZeroHedge News https://ift.tt/yGpYJmW Tyler Durden

Retailer’s Revenge! Obese Jewelry Thief Gets Whipped Then Stripped

Retailer’s Revenge! Obese Jewelry Thief Gets Whipped Then Stripped

We’re not exactly known for exuding optimism, but we can’t help but notice a promising micro-trend in which more and more fed-up American retailers and bystanders are thwarting rampant thievery with delicious displays of force

Last month, we wrote about the 7-Eleven workers in California who absolutely pummeled a man who’d been filling a rolling garbage can with tobacco products while calling the workers “bitch-ass niggas.” Now, in two more heartwarming episodes, employees at a Los Angeles jewelry store put a fierce end to a man’s attempt at a daylight smash-and-grab robbery, and bystanders in Scottsdale detained a gem thief. 

Batter up! One of the members of the family-owned business repeatedly strikes the blubbery burglar

The first story’s action kicked off a little after 2pm on Saturday at Meza’s Jewelry in, El Monte, which is on the east side of LA. Police told KABC7 that the as-yet unidentified thief entered the store with a hammer, attacked some of the staffers with pepper spray and smashed a display case. 

Thieves, take note: Family-owned businesses are far more likely to strike back than the big-boxers, as the obese thief who targeted Meza’s jewelry quickly found out. “Me, my uncle and my dad were tugging him out,” an employee told KABC. “I was trying to defend my family because as you could see he was hitting my dad and my uncle.” 

In the video, shot from the sidewalk, we see a struggle that turns into a beating reminiscent of the forementioned 7-11 heroics, as the thief is repeatedly whacked with a long stick. As he slowly pushes his flabby body through the doorway, he ends up having his shirt removed, and he flees down the sidewalk with bosoms a-jiggle and —  consistent with the norms of his vibrant American subculture — his pants falling down.    

California is a shoplifters paradise. First, the state passed a proposition making any theft under $950 a misdemeanor. As if that weren’t bad enough, the state’s senate passed a bill in June that would actually make it illegal to interfere with shoplifters

Whipped, then stripped, the fat felon tugs at his boxers in an attempt to maintain his dignity. Next, he may be stealing a belt.  

Adding to our detection of a trend in the making, the weekend brought news of another tale of citizens pursuing justice in another case where a jewelry store was targeted. In this case, the thief ran out of a Scottsdale, Arizona store with a tray of treasures, only to be stopped by noble bystanders. 

“[They were] screaming ‘just catch him! He just robbed the jewelry store!’ So we just grabbed him, held him down, and the police were here within three to four minutes,” one of those bystanders, who only was identified as Mark, told FOX10

“They saved my product, saved the neighborhood, and I want to thank everybody that sacrificed themselves to help a neighbor or stranger that they didn’t know,” said Anna Marina Solakian, of Marina Jewelry. Fifty-three-year-old Troy Bell was arrested. 

Finally, to keep the smiles rolling, here’s another look at last month’s 7-Eleven beatdown extraordinaire

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

A post shared by 5 element phd (@yo_folkers)

 

Tyler Durden
Mon, 09/04/2023 – 15:05

via ZeroHedge News https://ift.tt/dL7Vg1Q Tyler Durden

Victor Davis Hanson: What The Left Did To Our Country

Victor Davis Hanson: What The Left Did To Our Country

Authored by Victor Davis Hanson via American Greatness,

In the last 20 years, the Left has boasted that it has gained control of most of America institutions of power and influence – the corporate boardroom, media, Silicon Valley, Wall Street, the administrative state, academia, foundations, social media, entertainment, professional sports, and Hollywood.

With such support, between 2009-17, Barack Obama was empowered to transform the Democratic Party from its middle-class roots and class concerns into the party of the bicoastal rich and subsidized poor – obsessions with big money, race, a new intolerant green religion, and dividing the country into a binary of oppressors and oppressed.

The Obamas entered the presidency spouting the usual leftwing boilerplate (“spread the wealth,” “just downright mean country,” “get in their face,” “first time I’ve been proud of my country”) as upper-middle-class, former community activists, hurt that their genius and talents had not yet been sufficiently monetized.

After getting elected through temporarily pivoting to racial ecumenicalism and pseudo-calls for unity, they reverted to form and governed by dividing the country. And then the two left the White House as soon-to-be mansion living, mega-rich elites, cashing in on the fears they had inculcated over the prior eight years.

To push through the accompanying unpopular agendas of an open border, mandatory wind and solar energy, racial essentialism, and the weaponization of the state, Obama had begun demonizing his opponents and the country in general: America was an unexceptional place. Cops were racist. “Clingers” of the Midwest were hopelessly ignorant and prejudiced. Only fundamental socialist transformation could salvage a historically oppressive, immoral, and racist nation.

The people finally rebelled at such preposterousness. Obama lost his party some 1,400 local and state offices during his tenure, along with both houses of Congress. His presidency was characterized by his own polarizing mediocrity. His one legacy was Obamacare, the veritable destruction of the entire system of a once workable health insurance, of the hallowed doctor-patient relationship, and of former easy access to competent specialists.

Yet Obama’s unfufilled ambitions set the stage for the Biden administration—staffed heavily with Obama veterans—to complete the revolutionary transformation of the Democratic Party and country.

It was ironic that while Obama was acknowledged as young and charismatic, nonetheless a cognitively challenged, past plagiarist, fabulist, and utterly corrupt Joe Biden was far more effective in ramming through a socialist woke agenda and altering the very way Americans vote and conduct their legal system.

Stranger still, Biden accomplished this subversion of traditional America while debilitated and often mentally inert—along with being mired in a bribery and influence-peddling scandal that may ultimately confirm that he easily was the most corrupt president to hold office in U.S. history.

How was all this possible?

Covid had allowed the unwell Biden to run a surrogate campaign from his basement as he outsourced his politicking to a corrupt media.

Senility proved a godsend for Biden. His cognitive disabilities masked his newfound radicalism and long-accustomed incompetence. Unlike his past failed campaigns, the lockdowns allowed Biden to be rarely seen or heard—and thus as much liked in the abstract as he had previously been disliked in the concrete.

His handlers, the Obamas, and the Bernie Sanders and Elizabeth Warren radical Democrats, saw Biden’s half-century pretense as a gladhander—good ole Joe Biden from Scranton—as the perfect delivery system to funnel their own otherwise-unpopular leftwing agendas. In sum, via the listless Biden, they sought to change the very way America used to work.

And what a revolution Biden’s puppeteers have unleashed in less than three years.

They launched a base attack on the American legal system.

Supreme Court judges are libeled, their houses swarmed, and their lives threatened with impunity. The Left promised to pack the court or to ignore any decision it resents. The media runs hit pieces on any conservative justice deemed too influential. The prior Senate Minority Leader Chuck Schumer whipped up a mob outside the court’s doors, and threatened two justices by name. As Schumer presciently put it, they would soon “reap the whirlwind” of what they supposedly had sowed and thus would have no idea what was about to “hit” them.

Under the pretense of Covid fears, balloting went from 70 percent participation on election day in most states to a mere 30 percent.

Yet the rates of properly rejected illegal or improper ballots often dived by a magnitude of ten.

Assaults now followed on hallowed processes, laws, customs, and institutions – the Senate filibuster, the 50-state union, the Electoral College, the nine-justice Supreme Court, Election Day, and voter IDs.

Under Biden, the revolution had institutionalized first-term impeachment, the trial of an ex-president while a private citizen, and the indictment of a chief political rival and ex-president on trumped up charges by local and federal prosecutors—all to destroy a political rival and alter the 2024 election cycle.

Biden destroyed the southern border—literally.

Eight million entered illegally—no background checks, no green cards, no proof of vaccinations. America will be dealing with the consequences for decades. Mexico was delighted, receiving some $60 million in annual remittances, while the cartels were empowered to ship enough fentanyl to kill 100,000 Americans a year.

“Modern monetary theory,” the Leftist absurdity that printing money ensures prosperity, followed.

It has nearly bankrupted the country, unleashed wild inflation, and resulted in the highest interest rates in a quarter-century. Middle-class wages fell further behind as a doddering Biden praised his disastrous “Bidenomics.”

Biden warred on fossil fuels, cancelling federal leases and pipelines, jawboning lending agencies to defund fracking, demonizing state-of-the-art, clean-burning cars, and putting vast areas of oil- and gas-rich federals lands off-limits to drilling.

When gas prices predictably doubled under Biden and the 2022 midterms approached, he tried temporarily to lease out a few new fields, to drain the Strategic Petroleum Reserve, and to beg the Saudis, and our enemies, the Iranians, the Venezuelans, and the Russians, to pump more oil and gas that Biden himself would not. All this was a pathetic ruse to temporarily lower gas prices before the mid-term elections.

Biden abandoned Afghanistan, leaving the largest trove of military equipment behind in U.S. military history, along with thousands of loyal Afghans and pro-American contractors.

Biden insulted the parents of the 13 Marines blown up in this worst U.S. military debacle since Pearl Harbor. He lied to the parents of the dead that he too lost a son in the Iraq war, and when among them later impatiently checked his watch as he seemed bored with the commemoration of the fallen—and made no effort to hide his sense that the ceremony was tedious to him.

Vladimir Putin summed up the Afghan debacle – and Biden’s nonchalant remark that he wouldn’t react strongly to a “minor” invasion of Ukraine if it were minor – as a green light to invade Ukraine.

When Biden did awaken, his first reaction was an offer to fly the Ukrainian president Volodymyr Zelenskyy out of the country as soon as possible. What has followed proved the greatest European killing ground since the 1944-45 Battle of the Bulge, albeit one that has now fossilized into a Verdun-like quagmire that is draining American military supply stocks and killing a half-million Ukrainians and Russians.

Suddenly, there are three genders, not two.

Women’s sports have been wrecked by biological men competing as women, destroying a half-century of female athletic achievement. Young girls in locker rooms, co-eds in sororities, and women in prison must dress and shower with biological men transitioning to women by assertion.

There is no longer a commitment to free speech. The American Civil Liberties Union is a woke, intolerant group trying to ban free expression under the pretense of fighting “hate” speech and “disinformation.”

The Left has revived McCarthyite loyal oaths straight out of the 1950s, forcing professors, job applicants, and students applying for college to pledge their commitment to “diversity” as a requisite for hiring, admittance, or promotion. Diversity is our era’s version of the Jacobins’ “Cult of Reason.”

Race relations hit a 50-year nadir. Joe Biden has a long history of racist insults and putdowns. And now as apparent penance, he has reinvented himself as a reverse racial provocateur, spouting nonsense about white supremacy, exploiting shootings or hyping racial tensions to ensure that an increasingly disgusted black electorate does not leave the new Democratic Party.

The military has adopted wokeism, oblivious that it has eroded meritocracy in the ranks and slashed military recruitment. It is underfunded, wracked by internal suspicion, loss of morale and ginned up racial and gender animosity. Its supply stocks are drained. Arms productions is snail-like, and generalship is seen as a revolving door to corporate defense contractor board riches.

Big-city Democratic district attorneys subverted the criminal justice system, destroyed law enforcement deterrence, and unleashed a record crime wave.

Did they wish to create anarchy as protest against the normal, or were they Jokerist nihilists who delighted in sowing ruin for ruin’s sake?

Radical racial activists, with Democrat endorsement, demand polarizing racial reparations. The louder the demands, the quieter they remain about smash-and-grab looting, carjacking, and the swarming of malls by disproportionally black teens—even as black-on-black urban murders reach record proportions.

In response, Biden tried to exploit the growing tensions by spouting lies that “white supremacy” and “white privilege” fuel such racial unrest—even as his ill-gotten gains, past record of racist demagoguery and resulting lucre and mansions appear the epitome of his own so-called white privilege.

This litany of disasters could be vastly expanded, but more interesting is the why of it all?

What we are witnessing seems to be utter nihilism. The border is not porous but nonexistent. Mass looting and carjackings are not poorly punished, but simply exempt from all and any consequences. Our downtowns are reduced to a Hobbesian “war of all against all,” where the strong dictate to the weak and the latter adjust as they must. The streets of our major cities in just a few years have become precivilizational—there are more human feces on the sidewalks of San Francisco than were in the gutters of Medieval London.

The FBI and DOJ are not simply wayward and weaponized, but corrupt and renegade. Apparently the perquisite now for an FBI director is the ability either to lie while under oath or better to mask such lying by claiming amnesia or ignorance.

Immigration is akin to the vast unchecked influxes of the late Roman Empire across the Danube and Rhine that helped to finish off a millennium-old civilization that had lost all confidence in its culture and thus had no need for borders.

In other words, the revolution is not so much political as anarchist. Nothing escapes it—not ceiling fans, not natural gas cooktops, not parents at school board meetings, not Christian bakeries, not champion female swimmers, not dutiful policemen, not hard-working oil drillers, not privates and corporals in the armed forces, not teens applying on their merits to college, not anyone, anywhere, anytime.

The operating principle is either to allow or to engineer things to become so atrocious in everyday American life—the inability to afford food and fuel, the inability to walk safely in daylight in our major cities, the inability to afford to drive as one pleases, the inability to obtain or pay back a high interest loan—that the government can absorb the private sector and begin regimenting the masses along elite dictates. The more the people tire of the leftist agenda, the more its architects furiously seek to implement it, hoping that their institutional and cultural control can do what  ballots cannot.

We could variously characterize their efforts as destroying the nation to save it, or burning it down to start over, or fundamentally transforming America into something never envisioned by the Founders.

Will their upheaval  succeed? All the levers of the power and money are on the side of the revolutionaries. The people are not. And they are starting to wake to the notion if they do not stop the madness in their midst they very soon won’t have a country.

Tyler Durden
Mon, 09/04/2023 – 14:40

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“Exodus Begins”: Thousands Attempt To Flee Burning Man

“Exodus Begins”: Thousands Attempt To Flee Burning Man

For the more than 70,000 attendees stuck at the Burning Man festival in the northern Nevada desert, a break in the weather and drying toxic alkaline lake bed will likely spark an exodus of ‘burners’ around noon. 

Around 1123 ET, Burning Man Traffic posted on X, formerly known as Twitter, “Gate Road remains too wet & muddy for most vehicles to safely navigate out of BRC this morning, but is drying.” 

The event organizer warned an “Exodus likely to begin around noon today.” It said all burners need to listen to “BMIR 94.5 FM, GARS 95.1 FM” for updates. 

The chaos began on Friday evening when burners were told to shelter in place and conserve food, water, and fuel when the dried-up alkaline lake bed transformed into a muddy hellhole. By Saturday, the situation deteriorated, and organizers closed the festival’s roads and gates. Then on Sunday, the area was considered a ‘mudpocalypse‘ by some. 

Marc Chenard, a forecaster with the National Weather Prediction Center in College Park, Maryland, shared good news for burners:

“Yep, the rain cleared out of there.

 “It’ll be sunny today with temperatures in the 70s (Fahrenheit).”

Since late Friday, the Black Rock Desert area has received about 1.5 inches of rain. Even though roads are drying out — it’s still a mess. 

The exodus begins. 

There are no gravel roads here. 

A pilot flew over the festival, recording the exodus via camera, and observed that several vehicles had become stuck.

How can the festival be called “Burning Man” if there’s nothing to burn? 

Tyler Durden
Mon, 09/04/2023 – 14:15

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Goldilocks And The Four Bears

Goldilocks And The Four Bears

By Benjamin Picton, senior macro strategist at Rabobank

Today is the Labor Day holiday in the United States, so expect a fairly quiet and illiquid trading day in the markets. That does give us a lovely opportunity to talk about the Americans while they are enjoying some time off though, and particularly to talk about the US non-farm payroll figures released last Friday. It’s fair to say that from the perspective of the Fed and the Biden administration, non-farm read as a bit of a Goldilocks moment. According to the survey, the labor market appears not too hot, not too cold, but just right. Employment rose by more than expected (187k vs 170k on the Bloomberg survey), participation rose, the unemployment rate lifted from historic lows of 3.5% to 3.8% and wage pressures were less acute than anticipated at just 0.2% for the month. All-in-all, the survey gave the impression that maybe the Fed has managed to pull a rabbit out of its hat and set the economy on a glide path for the much touted “soft landing”. This is particularly the case given that the non-farm survey came hot on the heels of the JOLTS report earlier in the week, which showed half a million fewer job vacancies than the participants in the Bloomberg survey were expecting.

Now to introduce the bears and perhaps predictably one of them is us, because we remain unconvinced that the benign labor market data does actually presage a soft landing in the USA. Our resident Fed watcher, Philip Marey, has pushed back his US recession forecast to 4Q23/1Q24 as the flow of data remains unexpectedly resilient, but a recession is still very much our base-case view and has been since 2022. I’ll draw on my high school calculus to illustrate some of our thinking behind this point: The slope of a curve approaches zero as you approach a point of stationarity. As such, it only stands to reason that we would start to see more moderate growth and labor market outcomes as we approach that stationary point for GDP or labor market curves, so what we are really saying is that we are closing in on the point of inflection where the flow of data is at risk of deteriorating at an accelerating pace once we go past it. Capiche?

Our wet-blanketry didn’t seem to move the market on Friday though. Despite higher bond yields, the S&P500 was up 0.18% for the day, but there was an interesting divergence between the Dow Jones (+0.33%) and the duration-sensitive NASDAQ (-0.02%) that seems to reflect the ~6bps steepening in the 2’s10’s to close the week. Are equity markets finally beginning to accept the higher for longer narrative? If they are, nobody seems to have told bond traders yet. The 2’s10’s is still heavily inverted at -70, so we are going to have to see a lot more curve steepening in the months ahead to reconcile financial markets with Fed speak, and that probably suggests continued pressure on long duration equities that most metrics tell us are substantially overvalued. That implies that we would need to see a selloff in the long-end that could coincide with our expected recession. Usually this would be dismissed as an impossibility, but in a market where central bankers openly admit that they have no roadmap to suit the times, the appropriate fairy tale may actually be Alice In Wonderland, where you need to be able to imagine six impossible things before breakfast.

Returning to my original metaphor, bear number two is Europe. Rabobank has recently changed our growth forecast to feature -0.1% GDP predictions for both Q3 and Q4 of 2023. That means that we are now expecting (another) technical recession for the second half of this year. To compound the bad news, we had a Eurozone CPI figure released last week that seemed to suggest more of that pesky stickiness in price pressures. Headline CPI moved not a jot to remain at 5.3% in August, and core inflation declined only moderately to 5.3% from 5.5% a month earlier. The fall in core inflation is certainly welcome, but people actually pay headline prices, not just core prices, and there’s still a long way to go to reach the 2% target with base effects providing less help in the months ahead, and energy prices rising again. It’s no stretch to say the road ahead looks very rocky.

Indeed, with war in Ukraine still raging, a painful and costly energy transition underway and the German manufacturing sector increasingly saying that “somebody (China) has been sleeping in MY bed!”, it might be more fitting to describe the European experience via a darker, more gothic (possibly Romanian) fairy tale of the kind that gives small children nightmares. This feeds into our expectation that we will see no more rate rises from the ECB, despite their attempts to scare us at Jackson Hole and their forecast that inflation will get nowhere near the 2% target until 2025.

Bear number three is China itself, and this is the bear that looms over all others. The travails of the Chinese real estate sector are by now well known, and the world seems to be waking up to the fact that the Chinese central government has a very different perspective on the morality of economic stimulus measures than we do here in the West. As Michael Every pointed out last week China values production, not consumption, and this is reflected in the reticence to target households with cash handouts that pose the sinister moral threat of perhaps being spent on blue jeans, Coca-Cola or Barbie dolls. Instead we have seen piecemeal stimulus efforts in the form of cuts to the reserve requirement ratio, the prime rate, the 7-day reverse repo rate and the 1-year MLF rate all aimed at increasing investment in new housing stock. There has also been confirmation recently that the central government has directed Chinese banks to pass interest rate cuts through to existing borrowers for the first time since the financial crisis of 2008, and conjecture that Chinese banks have been asked to loosen their definition of prime borrowers (that sounds like an idea borrowed from the West).

The focus on real production is welcome news to us here in China’s quarry (Australia), where our economic fortunes are heavily dictated by demand for bulk commodities. Chinese economic jitters have spread to this part of the world by way of substantial weakening in both the Australian and New Zealand dollars in the month of August. That raises risks of importing inflation, but we expect the RBA will gloss over this at outgoing Governor Phil Lowe’s final monetary policy meeting tomorrow, after which he will be saying “somebody has been sitting in MY chair”. The RBA will instead point to recent signs of softening in labor markets and timely inflation indicators as sufficient justification to remain on hold. With official rates of just 4.10% and the Bloomberg survey suggesting Q2 growth of 0.3% this week, it’s tempting to suggest that the RBA also may have engineered a soft landing, but beware the fourth bear, a bonus bear of sorts that we here in Australia call the Drop Bear. It is known to come out of nowhere…

Tyler Durden
Mon, 09/04/2023 – 13:50

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Simple Joe: Biden’s Biggest Fear Is Being Perceived As ‘Stupid’ According To Biographer

Simple Joe: Biden’s Biggest Fear Is Being Perceived As ‘Stupid’ According To Biographer

President Joe Biden, who lied about graduating at the top of his class at law school (and later apologized), is most worried about being perceived as ‘stupid,’ according to his biographer, Franklin Foer.

During a Sunday discussion, Foer – an Atlantic staff writer who was allegedly a key disseminator of Russiagate propaganda, told NBC‘s “Meet the Press” that “one of the primary insecurities’ of the President ‘is that he does not want to be perceived as stupid.”

And when asked how he would react if Biden decided not to run in 2024, Foer said “It would be a surprise to me. But it wouldn’t be a total surprise.”

“When he talks about his life, he uses this word, fate, constantly,” Foer told host Chuck Todd. “Joe Biden is a very religious guy, and fate is a word loaded with religious meaning. And he always talks about, ‘He can’t say where fate goes.’ And so I always, when I hear that, to me, it’s the ellipses in the sentence when he’s talking about his own future.”

Watch:

More via the Daily Mail;

There are already two Democrats running longshot bids in the Democratic primary: Robert F. Kennedy Jr. and Marianne Williamson. Both attended the Iowa State Fair last month in an attempt to drum up support for an alternative Democratic candidate.

A poll last week reveals that 77 percent of Americans are concerned about Biden’s age and ability to serve out a second term.

Republican frontrunner Donald Trump, 77, also faces questions over his age.

If either Biden or Trump were elected again in 2024, they would set a new record as the oldest-ever inaugurated U.S. President.

While a candidate must be 35-years-old to run for the White House, there is no cap. Presidential hopeful Nikki Haley has suggested implementing an age limit of 75 to seek the presidency. She has also said required mental competency tests would be a good idea.

Foer’s book The Last Politician: Inside Joe Biden’s White House and the Struggle for America’s Future provides a comprehensive inside account of the President’s thinking and the goings-on of the Biden administration.

“It doesn’t take Bob Woodward to understand that Joe Biden is old,” said Foer, adding “And I’m not a gerontologist and I can’t predict how the next couple of years will age Joe Biden.”

I think what my book does is shows that… he’s buried in details. He’s somebody who is very technocratic, really obsessed with the intricacies of policy. He’s a very activist president in that he micromanages a lot of the dealings in the White House.”

Yes, Biden is micromanaging the White House. We’re sure.

Tyler Durden
Mon, 09/04/2023 – 13:25

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