Those insolent left-winger/anarchists tore up the Berkeley campus last night. With chants of
“No border, No Nation, F**K Deportation” the latest lefty-outburst set off firebombs and went off campus to continue raising hell.
Their motivation? A speaking gig by this guy – let’s Wiki him, OK?
“Milo Yiannopoulos (born 18 October 1984) is a Greek-born British journalist, author, entrepreneur, public speaker, and senior editor for Breitbart News, a conservative news and opinion website based in the United States. He wrote previously using the pseudonym Milo Andreas Wagner.”
“You’re kidding, right?”
Nope, the leftist toads, you see, don’t understand free speech very well. They figure that free speech applies to their swill but no one else gets a word in edgewise, and if they try, well out come the firebombs and masks…
Which is what happened last night.
To be sure, Berkeley has long been a breeding ground of bankrupt thought…and to so remind the molly-coddling administration how the world REALLY works, president Trump has informed the school (paraphrasing) “Get it under control or lose your Federal funding.”
Then, as I was sitting with my first cup of brain-juice, a hell of an interesting thought occurred.
Remember those so-called FEMA camps? You can find references and vids all over Youtube about ‘em (Google search result here).
What if the seriously paranoid got these “camps” all wrong?
Here’s something to think about.
Let’s hypothecate that 10-20 years back someone in the Continuity of Government business looked at the growing use of psychoactive drugs by the U.S. population and posed this damn interesting question:
“How will we handle a significant fraction of America going CRAZY all at the same time?”
Even then, a significant fraction of people were on anti-depressants and such…but the trend was what they would be looking at.
We don’t have any “hot, fresh data” but we do know from a quick search of the web that WorldNetDaily was reporting “70 million Americans taking mind-altering drugs—Exclusive: David Kupelian tells untold story of nation’s rapidly escalating drug dependence…”
Let’s do some math: Let’s assume that the US population in the data period was around 310-million. That would push out 70-million as 22.58% of total population.
But the figure in key demographics is likely far higher, especially in the teen through age 40 area. In fact, few people over 60 are users, and few under age 3 or 4 – so let’s toss them out.
Then thanks to president Glad-He’s-Gone’s open border nonsense, maybe the most recent arrivals have been “diagnosed” and “hooked up” yet.
So perhaps, something on the order of 70-million were popping their moods, but out of a much smaller total-pop, perhaps 250 million – or even less. Now we’re getting up closer to 30%.
And the trend has very little likelihood of reversing any time soon, thanks to the mass programming that includes “Tell your doctor…” and such.
OK, back to the plot then.
What if a responsible party looked at open borders, the soaring national drug dependencies, and oh yeah – soaring divorce rates and asked “What if we have an outbreak of mass insanity? What will be our National Policy Response to such an event?”
And then along comes my favorite group of “Bullshit and it’s Bad for You” folks – the purveyors of Socialist Media!
Now we have a key working class in demographic that is about one third on brain drugs (the trend has no reason not to build on three or four year old data) AND these people (often lacking solid parenting other than leftovers from the Nanny State nurseries – schools) come down with a contagious mental disease?
Well, this is a far-fetched scenario, isn’t it?
Why to be true, a large fraction of America would have to believe Donald Trump didn’t win the election. Ooops!
Then you’d need to have programmed a ton of people to believe that Donald Trump wants to be Hitler….Ooops! There’s that group…
And of course, let’s not leave out the obviously insane who believe people from uncivilized countries, unable to look up how well America works and implement our Founding Documents which aren’t exactly hidden online, should have the same rights and privileges of citizenship that people here have.
What do you do when the mass hysteria – spread on crooked social media – breaks out?
The measured response is simple: Cut off federal funding until the Big Berkeley Daycare can restore order.
But suppose that it spreads more. Suppose there really is another showdown which underscores the spreading insanity.
It’s been around for a long time. Rioters and insurrectionists (Baltimore, Ferguson et all) don’t seem to understand that burning things down is not a reasonable Economic Development program. No company in its right mind would relocate or open new facilities in such places.
That said, it is the nature of mobs of any stripe to ignore the logic of cause and effect. Mobs don’t act in rational ways.
On the other hand, Berkeley property-owning residents may have a class-action line of legal redress against the University: Care to bet that home sales around the Berkeley camps see depressed prices as a result of the spreading insanity?
As a result out here in the Outback, as we watch America sink, this marvelous bit of Thinking the Unthinkable appears.
Opening FEMA camps to anyone who rebels against civil authority and turning them into Chinese-style “re-education camps” might actually be a long-term Continuity option.
A kind of patriot’s Cultural Revolution. Painful for China, but seems to have set them on the path to domination of World.
For those who would be arrested and convicted of rioting, it would fulfill their deepest fears that “Trump is Hitler.”
For Continuity contingency planners, it would be an effective means of isolating the delusional from the general population. And for fiction writers, it sets up all kinds of fascinating plot lines, doesn’t it?
Sheesh. Insanity is out of the bottle and the dangerously delusional mindset sown by the Obama administration continues to run amuck as the ongoing attempt to destroy America rolls into plainer view by the day.
Soon enough we will dispense with reporting “news” and just call it what it is.
The daily Anarchy Chronicles.
Fed Rates Hold
There never was much chance of the FOMC raising rates yesterday. If there was, I would have told you about it. But that’s not where history is pointing.
In our models, the S&P should head up north of 2,300, but after that all bets are off.
There was a business case that the Fed would be able to raise rates three times this year, but I’m not holding my breath.
We are at a damn strange point in socioeconomic political history. While we should work our way up to the All Time High between March and August, when it arrives, the Fed will have to be very careful this time to get things right. Spotting peaks in the economy is not something the Fed’s any good at.
To make the point, let’s see how well the Fed did anticipating the peak of the Tech Bubble in the spring of 2000. I’ve circled where stocks in tech were peaking – winter into spring 2000:
Worse, however is that as we experienced in the 2007 to 2009 decline, just lowering rates to essentially zero doesn’t necessarily jumpstart the economy:
All of which leaves us to expect that when the market gets to its blow-off high this year, and when secular confidence in Donald Trump eventually goes the way of Herbert Hoover’s approval ratings – and necessary by any error on the president’s part, more like the attack by the bitter left will pay off – we should see the Fed continuing to act based on expectation bias and that, in turn is set by failing to realize they are reacting to Anarchy Chronicles, not legit news and data.
But that’s what makes the period ahead – including the 2-year slide we see to a mega-depression bottom in 2020 such an interesting ride.
The trick – as always – will be to remain steadfastly grounded in values and data and not be swept up by the “growing madness of Crowds.”
Forget the faux news channels – instead I expect you will gain far more insight into our present (and growing) predicament by reading Charles Mackay’s 1852 classic “MEMOIRS OF EXTRAORDINARY POPULAR DELUSIONS and the Madness of Crowds.” Free from the Gutenberg Project so you really have no excuse. Unless you’re busy burning your mask from last night.
Challenger Jobs Cuts
Press release data – here you go:
“The new year started with an increase in corporate downsizing, as the nation’s employers announced plans to cut payrolls by 45,934 in January, according to the latest report on monthly job cuts released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.
January job-cut announcements were up 37 percent from December 2016, when planned layoffs totaled 33,627.
While last month’s tally was the highest since last April (64,141), it was 39 percent lower than January 2016, when employers announced plans to eliminate 75,114 jobs from their ranks.
January job cuts in 2016 were dominated by the energy and retail sectors. This year, planned cuts were concentrated in just retail, which continues to reel from the shift toward online shopping.
The top four job cuts announced during the month occurred in the retail sector, with Macy’s leading the pack by reporting plans to close 68 stores and decrease its headcount by 10,000 workers.
“Overall, it was a solid holiday shopping season, but several retailers, including Macy’s were unable to capitalize on stronger consumer confidence and spending,” said John A. Challenger, chief executive officer of Challenger, Gray & Christmas.”
The Problem for “President Real Estate”
(No, that’s not pejorative, that’s where Donald Trump’s expertise is…)
I have been telling you for the longest time that we are coming to a Depression where beside blowing-up Pension Funds (founded on impossible dreams of annual returns) we would see the ultimate showdown between Brick and Malls versus Pricks with Clicks.
Drilling down into the Challenger data, there’s this peach summary of the early stages of economic collapse in Retail:
Tomorrow we will see the “offishul” Employment Situation (EmpSit) but it will likely begin to soften such that over the next month or two, the rubber chicken circuit will head from one FedHead after the other about how they’ll take a ‘go slow’ attitude toward more hikes.
Fact is, they won’t have a choice.
Hand Me Another Press Release
Last one was not fun, so try this one:
Nonfarm business sector labor productivity increased at a 1.3-percent annual rate during the fourth quarter of 2016, the U.S. Bureau of Labor Statistics reported today, as output increased 2.2 percent and hours worked increased 0.9 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.) From the fourth quarter of 2015 to the fourth quarter of 2016, productivity increased 1.0 percent, reflecting increases in output and hours worked of 2.2 percent and 1.1 percent, respectively. (See table A1.)
Annual average productivity increased 0.2 percent from 2015 to 2016. (See table C1.) Labor productivity, or output per hour, is calculated by dividing an index of real output by an index of hours worked of all persons, including employees, proprietors, and unpaid family workers.
Unit labor costs in the nonfarm business sector increased 1.7 percent in the fourth quarter of 2016, reflecting a 3.0-percent increase in hourly compensation and a 1.3-percent increase in productivity. Unit labor costs increased 1.9 percent over the last four quarters.
We would no doubt have higher productivity numbers if employers banned cancerous social media at work, but don’t let Reality intrude…
And in Other News
NPR continues to bash as bash-can with “Trump’s Supreme Court Pick Is A Disciple Of Scalia’s ‘Originalist’ Crusade.”
Freedom of religion, anyone? Or, does NPR not recall that in their efforts to divide not unite America? I didn’t hear a cry at some of the more God-less picks, did you?
Prison Time for Leakers?
With an AP story that president Trump hinted at using U.S. forces if Mexico can’t control its side of the border, the denials are flowing hot and heavy.
The Hill reporting “WH denies report that Trump threatened Mexican president over ‘bad hombres’.”
To us, it’s another well-orchestrated attack on Trump credibility. The story is believable to the suggestible libtards of America – and even some of us in the middle.
But the main thing is that I would expect Trump to task the Secret Service with finding the leak, plugging it with charges and prison time.
The AP can hide behind source protection, but at some point, when dealing with delicate relations with foreign countries, doesn’t leaking secrets become sabotage?
Well, off to work now…more Friday morning including those breaking job numbers.
For now, futures are down 51 on the poor job numbers just out.