A Very Real Argument That We As A People Are….


Posted on 31st May 2015 by Administrator in Economy |Politics |Social Issues


Guest Post by Karl Denninger

That’s done.  As in baked, cooked, finis.

Let’s just look at the charges and specifications of late, shall we?

  • Big US and Global Banks have admitted (that is, have been convicted) of multiple criminal offenses over the last several years.  partial list can be found here; let me remind everyone that an ordinary person who commits three felonies, even if some of them are very minor in comparison to any of the listed ones here in impact and they take place over a period of decades, goes away for life under long-existing three strikes laws.  All four of the banks listed in that dissent have three or more “convictions” and thus all of them should be dissolved as they are obviously incapable of modifying their behavior.  Nonetheless literally tens of millions of Americans and American corporations not only refuse to stand and demand that these charters be revoked they voluntarily do business with one or more of these firms!
  • We have a medical and insurance industry in this country that routinely, on a daily basis, engages in behavior that can easily be described as meeting the criteria for fraud, bid-rigging, racketeering and routinely uses the threat of both bankruptcy and violence by government goons to get what it wants.  This “industry” routinely, for example, bills for things they didn’t actually do, sends people bills for hundreds or thousands of dollars for someone sticking their head in a door and saying “Hello”, allows “off-plan” doctors to treat people without their consent exposing them to thousands (or tens of thousands!) in unauthorized charges and then enforces those “charges”, takes drugs off the market that they produce so that the only remaining options are those made by the same company but are under patent and more.  The single most-common cause of bankruptcy in this country is medical debt incurred as a direct result of these practices and these practices are where the so-called “need” for Obamacare, that is now resulting in demands for 50% premium hikes in some markets for the next year, came from.  Yet we, as a nation and as a people, routinely consent to this crap and allow these corporations, institutions and individuals to continue their outrageous acts of pillage daily.


Thoughts from the Frontline: The Last Argument of Central Banks


Posted on 11th November 2014 by Administrator in Economy |Politics |Social Issues

Thoughts from the Frontline: The Last Argument of Central Banks

By John Mauldin


For a central banker, deflation is one of the Four Horsemen of the Apocalypse: Death, Famine, Disease, and Deflation. (We will address later in this letter why War, in the form of a currency war, is not in a central banker’s Apocalypse mix.) It is helpful to understand that, before a person is allowed to join the staff or board of a central bank, he or she is taken into a back room and given DNA replacement therapy, inserting a gene that is viscerally opposed to deflation. Of course, in fairness, it must be noted that central bankers don’t like high inflation, either (although, looking around the world, we see that the definition of high inflation can vary). In the developed world, 2% inflation seems to be the common goal. You wouldn’t think that 2% a year is a significant change in the overall price structure, but the panic among economists that would ensue with a 2% price deflation would border on hysteria.

Inflation and deflation are often topics of discussions as I travel, but I find that there is general confusion about what inflation and deflation actually are. This is understandable, since many economists don’t agree on the definitions, so they are often talking about totally different phenomena. In this week’s letter I have for you a brief essay on the topic of deflation. Depending on your view, you might find some of my thoughts controversial, but I will try to make my case clear, at least. Please note this is the 30,000-foot view and is nowhere close to definitive. If you want great detail, I suggest you get my good friend Gary Shilling’s latest book on deflation (of four that I know of), called The Age of Deleveraging. (It’s only $11.49 on Kindle.)

Definitions of Inflation and Deflation

Generally speaking, there are two schools of thought about inflation. The Austrian school of economic theory, founded by Ludwig von Mises, sees inflation as an increase in the money supply and deflation as a contraction in the money supply. Somewhat similarly (but not entirely!), the monetarist school of economic theory tends to see money supply as the chief determinant of GDP in the short run and of the price level over the long run.

Mainstream economics (generally Keynesian) tend to refer to rising or falling prices as inflation or deflation. They tend to see deflation as a general price decline, often brought about by reductions in available credit, money, or reserves or by the government’s restraint of spending programs.

So when we talk about inflation/deflation, it is important to know whether we’re talking about monetary inflation or price inflation. As we have seen recently, a rising money supply is not necessarily accompanied by rising prices (although there is a certain long-term rhythm to the two different measures).

When I talk to the general public about deflation being something to be avoided, I get confused looks. Don’t we like it when the price of something goes down? Who doesn’t love a sale on something they want to buy? Since the beginning of the First Industrial Revolution, the general tendency for the prices of manufactured goods (in real inflation-adjusted terms) has been to go down as productivity has gone up. This is what Gary Shilling and others refer to as “good deflation.”

You can actually have solid productivity, GDP growth, wealth creation, a general increase in the standard of living, and a buoyant economy during a period of overall price deflation such as we had in the late 1800s – if it is the good kind of deflation.

What is the difference between good deflation and bad deflation? Good deflation is the general fall in prices that comes from an excess supply of goods due to increased productivity and product improvement. From 1870 to 1897 wheat prices fell from $1.06 to 63¢ a bushel, corn from 43¢ to 30¢ a bushel, and cotton from 15¢ to 6¢ a pound. Most of the time farmers received even less for their crops.

While farmers blamed all sorts of people for their falling prices, the primary cause of their problem was overproduction resulting from increases in the acreage of farms and increased yields per acre due to improved farming methods, as well as the advent of railroads that made it easy to get produce to Eastern markets. A farmer had to produce more just to stay even. It didn’t help that global competition from Argentina, Russia, and Canada was added into the mix, as increasingly large oceangoing steamboats made international transportation cheaper and ended an era of American agricultural export advantages.

This period of time saw one-third of farmers move to the cities for other work as they lost their employment on small family farms. That trend in falling farm employment continued until recent years, and farming has seen even greater increases in productivity (yield per acre) in recent decades. Farm and ranch families are just 2% of the US population today. Only 15% of the US workforce produces, processes, and sells the nation food and fiber. Today’s farmers produce almost three times more food with 2% lower inputs than farmers did 60 years ago. A third of American agriculture is strictly for exports.

The late 1800s was a particularly contentious period of history in the United States as farmers blamed railroads, bankers, and industrialists for their problems – a situation not unlike the income inequality debate we have today. And while falling prices weren’t fun for the farmers, the general public enjoyed lower food costs and higher-quality food.

The easiest way to illustrate this trend in the modern area is by looking at the cost of a gigabyte of storage. You can see an interactive version of this chart here. Prices for a gigabyte of storage dropped from $500-700,000 in the early 1980s (depending on what you were buying) to about $0.03 today. Put another way, a gigabyte cost about 2 million times more 35 years ago than it does today. And it has fallen by 50% every few years. The good deflationary fall in prices for data storage has enabled all sorts of industries and products, creating millions of jobs. And we could find dozens of other, similar products whose prices have been falling dramatically.

Measuring Inflation/Deflation

Each month we are greeted by the announcement of the Consumer Price Index (CPI), telling us what the level of general price inflation has been for the previous month and year. I’ve written about CPI extensively in past letters, but basically we need to understand that the CPI is an artificial amalgamation of the prices of various products and services. The composition of the CPI has changed significantly over the last 40 years. As John Williams at Shadow Stats demonstrates, if we used the same measurement methodology that was in force during the Reagan years or the early Clinton years, inflation would be almost 4 percentage points higher now than it is currently calculated to be.

Contrary to some commentators, I do not see this is a conspiracy to mislead investors or consumers, or to slow down the rise in Social Security payments. We should all be grateful that there is a small band of economists who are consumed by the details of what inflation actually is. They go to conferences and vehemently argue with each other (well, vehemently for academic economists) over arcane topics that would bore 99%-plus of the population. They are passionate about trying to find the proper measure of inflation.

My personal feeling is that the adjustments that have been made in the calculation of inflation are generally quite reasonable, if somewhat controversial. With the prices of electronics and many other manufactured goods falling over the decades, how do you measure inflation in those items? Or rather deflation? I still spend about the same amount for a new phone today as I did 10 years ago, but my new iPhone 6+ is a major improvement over the Motorola flip phone I had 10 years ago, by any standard you want to apply. Both could make phone calls, but that is about where the similarity ends. Am I getting better value for my money? More bang for the buck? Absolutely.

Currently, the economists who determine inflation see that increase in value as an actual drop in inflation, and they use a somewhat controversial methodology called hedonics to adjust the prices of a myriad of products for quality. If anti-lock brake systems are now standard whereas before they were optional, then by this doctrine the price of your car went down. (Those who are interested can google hedonics and get a wealth of information on the definition and the controversy.)

Housing is a big component of our spending. Should we use actual housing prices or what the inflation economists call “owner’s equivalent rent prices” as our measure of housing cost increases? If we had used actual housing prices during the 2000s, the inflation figures would have gone through the roof, suggesting to the Federal Reserve that they should be raising interest rates rather than lowering them or keeping them too low. And again, if we had been using actual house prices to calculate inflation during the Great Recession, the economy would have been seen as being swamped by serious deflation. There would’ve been even more weeping and wailing and gnashing of teeth.

To continue reading this article from Thoughts from the Frontline – a free weekly publication by John Mauldin, renowned financial expert, best-selling author, and Chairman of Mauldin Economics – please click here.

Important Disclosures

Declare War On Black Friday


Posted on 27th November 2015 by Administrator in Economy

Guest Post by Karl Denninger 

No, not on the shoppers.

Or even on Daesh.

No, declare war on Apps.  Specifically, apps that siphon off your location (and often other) data on an unchecked, constant basis once loaded. with many of them making a diligent effort to keep you from stopping them.

Reality is this: “Free” apps aren’t free.  The price is that they want to advertise to you.  Location-based advertising is more-accurate in terms of value to the advertiser in that it’s more likely to result in a sale.  Fine — as long as you’re actively using a given app — that is, as long as it has focus, or is on the display.  It’s also fine if it’s something like a fitness tracking app while you are actually performing some activity you’re trying to track (like a run, hike, etc.)

But it’s not ok for an app to keep doing this sort of thing when it doesn’t have focus and is not in some activity you’ve asked for.  There are many reasons for this, which I will outline here:


Is Turkey Trying to Distract the World From its Debt Crisis Shooting Down a Russian Plane?


Posted on 25th November 2015 by Administrator in Economy

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There is something not quite right about this entire incident of Turkey shooting down the Russian fighter jet and then attacking the rescue helicopter. Sorry, but Turkey is way out of line when they KNEW that Russia had no intention of attacking Turkey. A argument that Turkey will defend its borders implies there is a threat to Turkey, not simply a drive-by. There was plainly no reason for Turkey to take such action. They assume they are a NATO member and thus Russia cannot fire back without starting World War III. This is a totally reckless incident and unimaginable conduct of Turkey under these conditions when they clearly knew they were NOT under attack from Russia no less a single fighter jet.




Posted on 24th November 2015 by Administrator in Economy

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It’s weird sometimes how curiosity leads to understanding. I started reading John Mauldin’s weekly newsletter in 2002. He referenced the writings of Richard Russell in one of his letters. He wrote a daily subscription newsletter, but I found a number of his articles for free and was immediately impressed by his reasoning and logic. I subscribed to his Dow Theory Letter and read his thoughts every day. His sound arguments for owning gold convinced me to invest in gold stocks, gold mutual funds, physical gold, and upon its issuance GLD. This was 2004, so I enjoyed excellent returns over the next seven or eight years.

I stopped paying for his newsletter in the late summer of 2008. It was clear to me we were about to experience an economic meltdown and he came out with a huge BUY recommendation just before the September 2008 collapse. I lost faith in his advice. Nobody’s perfect, but I don’t need to pay for bad advice.

I still think he was a brilliant analyst and I owe him a huge debt of gratitude. I had never heard the name Ron Paul until Richard mentioned him as the one decent politician in Congress. I started reading the writings of Ron Paul and became convinced he was the only person in Washington DC who had the right solutions for the country. I became a huge supporter of his 2008 bid for the GOP nomination. My outrage at how he was scorned and ridiculed by the neo-con GOP establishment and their media mouthpieces at Fox News, led to me to write the first article of my life – Why We Need Ron Paul – which was kindly published by Lew Rockwell.

So, in a way, Richard Russell is responsible for this website. Thank you Richard, and rest in peace. You left at the right time. 

From Richard Russell’s Family

It is with great sadness that we report the passing of Richard Lion Russell on Saturday, November 21. Richard had gone to the hospital a week earlier with abdominal pain. He was diagnosed with blood clots in the leg and lungs and other untreatable ailments, but was able to return home under hospice care. He spent his last days surrounded by family and visited by close friends.


Boundary Problems


Posted on 23rd November 2015 by Administrator in Economy

Guest Post by Jim Kunstler

It’s no accident that Donald Trump’s vaunted wall along the US-Mexico border became such a potent metaphor for a floundering American polity. The US has boundary problems — and not just with illegal immigrants (whoops, undocumented visitors). A mighty flux of standards and principles is symptomatic of an economy in freefall. Nothing is settled. All values are put up for re-negotiation. Steamrolling and bullying are the new fair play. Foundational ideas, such as the first amendment, erode under a flood of special pleadings. There is no center left to hold.

The latest identity politics fracas at Princeton University is instructive. Princeton students’ Black Justice League demanded both the vilification of former university president Woodrow Wilson as an arch-segregationist at the same time they demanded a segregated “cultural safe space for black students.” The pusillanimous current Princeton president, one Christopher Eisgruber, entertained their “demands” perhaps knowing that the threatened “indefinite” occupation of administration offices would be cut short by the Thanksgiving week vacation. (So far, the occupying force of the Black Justice League has not demanded delivery of free turkey and cranberry sauce — turkeys problematically have distinct regions of white and dark meat.)




Posted on 22nd November 2015 by Administrator in Economy

Guest Post by Hardscrabble Farmer

On Saturday morning after chores we set up on the dock of the sugar house and prepared to slaughter turkeys. We started out with 20 poults this year. In April we slipped them into their pen under the deck of the milk house and watered and fed them twice a day until they were old enough and fast enough to let loose in the orchard. We lost one about three days in when it managed to get itself stuck between the heat lamp and the brooder wall, another one a couple of days later when it jumped up onto the rim of the water bucket and then fell in and drowned. The last one disappeared from the count around the middle of June and we wound up with a final count fully grown birds ready for Thanksgiving, 7 hens and 10 toms between 12 and 35 pounds.

Doing the turkeys is one of my least favorite annual rites; the birds are heavy, the feathers difficult to pull even when they’ve been scalded and it’s a cold time of year to be working all day with water. This year I had plenty of people ask if they could help, but none of their schedules lined up the right way so I found myself having to do the work by myself. The air was crisp, the sky so blue that it was hard on the eyes, but you could see the first of the distant contrail lines being etched across its surface, and invisible jet cursor like the one on an etch-a-sketch, leaving a scar on the face of the day.

If you work out of doors you get to be very familiar with the weather, especially in a climate where the seasons dictate the cycles of life. Certain kinds of clouds precede specific types of weather, the way the wind comes in ahead of a front carries smells with it that tell you what kind of rain it will be, or how heavy the snow will fall. If you pay close attention to the variety of clouds, their density and the speed with which they cross the sky you can almost set your watch by the arrival of a cold front, or a break in the patterns. On some days, not all mind you, the jets that leave the trails will cross the sky repeatedly, zig-zagging back and forth across the sky, usually they begin in the south, from east to west and slowly as the day progresses they will rise up across the horizon from somewhere in Massachusetts until they are directly above us.


“Economic” Advice To The President (Laissez-Faire Austrian Vs. Anti-Market Keynesian)


Posted on 21st November 2015 by Administrator in Economy

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Submitted by Alasdair Macleod via The Cobden Centre,

Your country faces a stagnating economy. Let us assume your Prime Minister (or President if that is who holds the executive power) seeks advice from two imaginary economists.

PM: You two economists have different views on what our economic policy should be. What is your advice?

FIRST ECONOMIST (Austrian school): Prime Minister, the reason we face a stagnant economy is your central bank perpetuated the credit cycle by suppressing interest rates when the economy turned down after the banking crisis and lending risk escalated. That has left us with a legacy of under-performing businesses, which should have been left to go bankrupt. Instead they are struggling under a burden of unrepayable debt. Capital is not being reallocated to the new enterprises of the future. The dynamism of free markets has been throttled.

The extra money and credit created by the banking system has not been applied to the real economy. Instead they are fuelling a financial boom in asset prices, which have become dangerously separated from production values.


Eventually, current monetary policy will lead to a fall in the purchasing power of the currency, and the central bank will be forced to raise interest rates to a level that will precipitate the next financial crisis, if the crisis has not already occurred by then. Overvalued assets become exposed to debt liquidation. It happens every time, and if you think the last crisis, which led to the Lehman collapse was bad, on current monetary policies the next one will be much worse, just as Lehman was much worse than the aftermath of the dot-com boom.


A monetary policy that relies on the transfer of wealth from savers to debtors always fails in the end, as certainly as death and taxes exist. It is also the real reason the bankers are getting wealthy while ordinary people become poorer. The time has come to recognise that your central bank, by licencing and encouraging the banks to create credit out of thin air, is the source of the problem.


Sadly, your central bank seems blissfully unaware of the debilitating effect of monetary inflation on your voters’ wages and savings, and if I may say so Prime Minister, your administration pays little regard to the natural injustice of rewarding profligate borrowing and penalising thrift.


I advise you to stop your central bank from manipulating interest rates and to let the markets sort themselves out. Furthermore your central bank must stop debasing the currency as a cure-all. So this is what I suggest.


First, encourage savers to rebuild their wealth directly through tax policy. When someone has paid tax on his income he should be entitled to keep his savings. The evidence from Germany and Japan in the post-war years is that a stable source of low-taxed savings is a prerequisite for a strong, yet stable, economy. And as savers rebuild their personal wealth, the state can scale back its future welfare commitments, which as you must be aware, are in danger of escalating out of control.


Second, I would reform the financial system. Banks should manage their affairs on the basis of reputation, and not hide behind regulation. Instead of looking after their customers, they use their regulated status to game the system. Regulating the banks has led to crony capitalism of the most pernicious sort. In future banks must set their own standards and be answerable to their customers first and foremost, not to a government regulator.


Third, the state must always run a budget surplus, to pay down its high level of debt. In balancing the books it is important to bear in mind that money taken in taxes destroys wealth. For a truly prosperous economy, you should plan in the longer term to reduce the state’s tax take to below 30% of GDP, and lower still in the fullness of time.


You will only put a stop to successively worsening cycles of boom-and-bust in the future if you return to sound money, free markets and small government. Your ministers must stop pretending they can run the economy. They have no basis for making commercial judgements. Government interventions are always politically-driven. Nor should your ministers listen to big business, which always seeks to influence policy in its favour.


I realise all this will take time to implement and must be done in steps so that the private sector can adjust. For this reason I recommend you structure these changes over a ten year period, announcing the legislative schedule in advance. You will find that businesses will reposition themselves to your new policies ahead of their implementation. The benefits to your economy and your voters are more likely to flow smoothly without disruption, and deliver economic benefits much sooner than you think.


How to Recognize a Narcissist


Posted on 21st November 2015 by Maggie in Economy |Social Issues

Article is located at http://www.halcyon.com/jmashmun/npd/traits.html#contra

[Images inserted by Maggie for those who prefer pictures to words.]

 photo Narcissist reflection_zpstnwcneqn.jpg


Almost everyone has some narcissistic traits, but being conceited, argumentative, or selfish sometimes (or even all the time) doesn’t amount to a personality disorder. Narcissistic Personality Disorder is a long-term pattern of abnormal thinking, feeling, and behavior in many different situations. The traits on this page will seem peculiar or disturbing when someone acts this way — i.e., you will know that something is not right, and contact with narcissists may make you feel bad about yourself. It’s not unusual for narcissists to be outstanding in their field of work. But these are the successful people who have a history of alienating colleagues, co-workers, employees, students, clients, and customers — people go away mad or sad after close contact with narcissists.

How many narcissists does it take to change a light bulb?

(a) Just one — but he has to wait for the whole world to revolve around him.
(b) None at all — he hires menials for work that’s beneath him.

 photo narcissist and light bulb_zpsh6r6btg0.jpg

This is a compilation of observations I’ve made from various people known well for many years. Most of these traits apply to all of the narcissists I’ve known, but that doesn’t mean that they’ll all apply to the narcissists you know. My narcissists are all high-functioning — that is, they’ve maintained gainful employment, marriages and family life — and there may certainly be narcissistic traits that I haven’t observed among the narcissists I’ve known. You can go directly to my full commentary on narcissists’ traits or you can select what you’re most interested in from the pink box below. Narcissicism is a personality disorder and that means that narcissists’ personalities aren’t organized in a way that makes sense to most people, so the notes below do not necessarily go in the order I’ve listed them or in any order at all. Interaction with narcissists is confusing, even bewildering — their reasons for what they do are not the same as normal reasons. In fact, treating them like normal people (e.g., appealing to their better nature, as in “Please have a heart,” or giving them the chance to apologize and make amends) will make matters worse with a narcissist.


Hillary Clinton’s Road to War


Posted on 21st November 2015 by Administrator in Economy

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Guest Post by

She’s the Democratic version of Chris Christie and Marco Rubio combined

Hillary Clinton promised us a speech on what she’d do to destroy ISIS, but what she gave us was a speech detailing how she would destroy Syria – and drag the US down the road to another unwinnable war. What she essentially proposes is that we fight a three-sided battle – against ISIS, on the one hand, and against Bashar al-Assad, Russia, and Iran on the other.

She elaborated on her “no-fly zone” scheme, saying she wanted to set it up only in the north. This means not only that the US air force will be protecting the “moderate” Syrian rebels – a coalition of US-supported head-choppers and al-Nusra, the Syrian affiliate of al-Qaeda – but also preventing Russian warplanes from flying over the huge swath of territory in the north controlled by the Islamic State – including Raqqa, their capital. So how does she intend to keep Putin out of the skies over Raqqa – by shooting down Russian planes, Chris Christie-style?

Signaling that her main focus is still overthrowing Assad, rather than fighting ISIS, Clinton averred that Putin is “making things somewhat worse.” Yet the Russians have been pulverizing ISIS, pushing them back on every front – and there is evidence that the terrorists’ increasing desperation in the face of this merciless onslaught provoked the Paris attacks. The snake lashes out one more time before it is decapitated. Francois Hollande seems to understand the importance of enlisting Russia in the anti-ISIS coalition, but Hillary is intransigent on the subject of Assad, thus ruling out any real cooperation with Moscow.

Incredibly, Clinton called for another “Arab Awakening,” signaling that under her reign the US will continue to play the “Sunni card,” arming the “moderate” Islamist rebels, and even encouraging insurrection among Iraqi Sunnis and Kurdish ultra-nationalists. “Baghdad needs to accept, even embrace, arming Sunni and Kurdish forces in the war against ISIS,” she declared. “But if Baghdad won’t do that, the coalition should do so directly.”


Paris, Sharm el-Sheikh, and the Resurrection of Old Europe


Posted on 20th November 2015 by Administrator in Economy

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Outside the Box: Paris, Sharm el-Sheikh, and the Resurrection of Old Europe

By John Mauldin


Soon after the Paris attacks, I picked up the phone to talk over the situation with my friend George Friedman. George is one of the truly world-class thought leaders on geopolitics. We had an animated 20-minute conversation. I didn’t particularly like what I heard.

George thinks we face big difficulties in dealing realistically with the ISIS threat. The more I read—and the more I listen to people like George who have worked these issues for decades—the more I think that we, as a culture, need to face reality.

I asked George to distill his thoughts into a short essay I could publish in Outside the Box, and he agreed.

This is a very thought-provoking piece with a different conclusion—which is what you can always expect from George.

Paris, Sharm el-Sheikh, and the Resurrection of Old Europe

John Mauldin, Editor
Outside the Box
[email protected]

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By George Friedman

The attacks in Paris last Friday night were part of a long-term pattern of occasional terrorist attacks by jihadists on targets in Europe. In the European context, this stood out for two reasons. First, the scale of the attack was substantially larger than other attacks in recent years, both in the number of participants and the number of casualties. Second, it was different in the level of sophistication and planning. Securing weapons and explosives, gathering at least three teams, identifying the targets and the manner in which these targets were to be attacked involved fairly complex logistics, intelligence and above all coordination. Most impressive was their counter-intelligence and security. There were at least seven attackers and additional support personnel to secure weapons, gather information and help them hide out in preparation for the attack. No one detected them.




Posted on 19th November 2015 by Stephanie Shepard in Economy

It’s no secret the birth rate has fallen across the board in Western nations. The Millennial generation is taking longer to grow up than previous generations and it doesn’t seem the oldest cohort has the means to get married and start families. It’s now socially acceptable (and encouraged) for the youth to stay in college as long as possible seeking worthless degrees and rehashing everything they learned in high school.

For the first time in history the youth are no longer expected to be productive until nearly 30 after receiving one or more post-graduate degrees. Gone are the days of paper routes for kids, McJobs for teenagers, and entry level/paid internships for college students. Today, if you’re a grown up with a job and live in a safe neighborhood outside of government sanctioned housing you have “privilege” and you should check it.

I highly doubt a majority (80 million generation) of the Millennials are not capable of being productive or striking out on their own. I keep reading the financial news headlines of “Millennials aren’t saving for retirement” or “Millennials aren’t buying houses”. In reality, I know many Millennials (especially the 18-25 cohort) having difficulty with car ownership and affording their rents despite having multiple roommates.

Is it any wonder with these massive problems the mainstream media puts a spotlight on “safe spaces”?

Roosh via Rooshv.com


Not long ago I proposed that decreasing birth rates in the Western world is happening due to some cosmic force that is seeking balance upon the universe. I missed the mark. The force is not something cosmic or metaphysical, but human. After studying the evidence, it’s clear that there is a conscious scheme to control the human population through both cultural and biological means, which allows the elite to sustain or elevate their power and wealth.

The first piece of evidence showing you have been primed to favor depopulation is that you most likely agree to at least two of the following three statements, even if you consider yourself “red pill”:

  • “Agendas or schemes by the global elite should be first considered a ‘conspiracy theory.’”
  • “There are too many people on planet Earth.”
  • “Needs of the environment must come before plans to increase human fertility.”