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  • Swordsmyth's Avatar
    Today, 06:08 PM
    Forget the trade war: in China the fingerpointing over who is responsible for China's economic mess has begun. In an unprecedented turn of events, China's central bank and its Ministry of Finance are having a public feud about the future of the country's monetary policy. Worse, it comes at a troubling time for a deleveraging (at least until recently) China whose economy has slowed sharply, just saw its biggest default of 2018, and is engaged in a bitter trade - and now currency - war with the US, all of which have sent its stock market into a bear market. The feud started a week ago when the head of research at the PBOC, Xu Zhong, commented on July 13 that the country's fiscal policy wasn’t active enough. Zhong claimed that the county's deficit was tightening as evidence that the country's "proactive" fiscal policy isn’t being implemented properly. China is aiming for a 2.6% deficit this year which is tighter than the 3% that China posted last year. In addition, another concern is that taxes for corporations are rising and are growing at a rate that is far higher than GDP. Just days after Zhong lashed out at the Ministry of Finance, the MOF responded in a July 16 article in Caixin, a well known financial magazine. It was written under a pseudonym ("Qingchi") which argued that simply focusing on the deficit was an elementary way of looking at things and that the government had other tools at its disposal that it could use to help support growth. Then, as The Economist notes, the argument got "nasty": Mr Xu had faulted the finance ministry for its hand in China’s debt mess, saying it was pushing the problem onto banks rather than fixing the fiscal system. Qingchi countered that financial institutions have been accomplices, structuring complex loans for local governments. All the while, Qingchi wrote, the central bank has moved too slowly in liberalising interest rates, which would have bolstered market discipline. Hence the most cutting line of the rebuttal: “officials act as if they were managing a small country’s central bank.” The Economist's take is somewhat naive: according to the Rothschild owned publication, the all too public feud between the nation's two top financial institutions - something that never happens in China - while highlighting the problems that China has under the surface, demonstrates that China is "taking the medicine" in a way we'd likely be afraid to do in the U.S. - allowing stocks to fall, allowing defaults on debt and having a good old fashioned deleveraging. We would beg to differ because as we described this week, while Beijing has indeed allowed a record number of defaults to take place, China also just reversed sharply on its deleveraging policy, and is now actively easing by not only cutting rates, but also engaging in shadow QE and also appears to have launched a new flood of (non-shadow) loans. While the trade war with the US is a catalyst, the slowdown in China's economy is a far bigger driver behind this strategic U-turn. In any case, The Economist concludes that any change in policy is going to have to come from Xi Jinping himself who is the ultimate decision-maker in China.
    0 replies | 0 view(s)
  • tod evans's Avatar
    Today, 05:47 PM
    I sported my beard during my stint...
    13 replies | 117 view(s)
  • tod evans's Avatar
    Today, 05:43 PM
    Mx. needs to worry about their own people, the US hers... I personally would love to see the drug 'warriors' eaten by vultures, every last one of 'em...
    18 replies | 127 view(s)
  • Swordsmyth's Avatar
    Today, 05:37 PM
    We would note that Twitter hasn't yet (as of this writing) done anything about Gunn, and that Gunn isn't even "QFD shadow-banned" from default Twitter searches, as many conservatives have found themselves subject to of late. More at: https://www.zerohedge.com/news/2018-07-20/disney-fires-guardians-galaxy-director-after-old-tweets-about-pedophilia-and-rape
    3 replies | 51 view(s)
  • lilymc's Avatar
    Today, 05:30 PM
    I've said this before but I'll say it again. I find it a little too "coincidental" that as more and more people are ditching dairy, we are now seeing more "studies" finding that dairy is healthy, fat and lard and things like that are great for you, yada yada yada. It is a fact that the government subsidizes the dairy industry, and it appears that the organization that funded this study is a government organization…So in light of that, and in light of the fact that the dairy industry is slowly dying, I don't give this "research" much weight. But one thing is for damn sure... People love hearing good things about their bad habits. :D
    5 replies | 142 view(s)
  • Swordsmyth's Avatar
    Today, 05:29 PM
    Perhaps but there is already bloodshed on this side of the border, some of the bloodshed would simply be ended.
    18 replies | 127 view(s)
  • Swordsmyth's Avatar
    Today, 05:26 PM
    I agree in general but some of the behaviors you described are things that should be up to the business, if the customers or employees don't like it they don't have to buy from or work for the business, however our current world is full of government distortions of the market that hinder or outright prevent the customers and employees from reacting as they should be able to.
    8 replies | 117 view(s)
  • tod evans's Avatar
    Today, 05:26 PM
    And such measures would rightly move the bloodshed to this side of the border where it belongs.
    18 replies | 127 view(s)
  • DamianTV's Avatar
    Today, 05:17 PM
    Exactly. I think Legal Immunity comes from Group Affiliation. "Its a business" to stalk people and sell data to people who use that data as an Excuse (as you said) to charge them more without providing anything more in exchange. "We're a business" is the excuse for charging more and not paying their employees more. "We're a business" is the same excuse why they exploit govt to prohibit competition by requiring licenses for more and more areas of work. The idea of a Corporation is a Legalized Fiction that allows for Individual Profits without Individual Responsibility. USA, Inc.
    8 replies | 117 view(s)
  • Swordsmyth's Avatar
    Today, 05:07 PM
    It is important to keep an open mind to both possibilities, history is full of empires that eventually succumbed to their own arrogance and stupidity.
    24 replies | 476 view(s)
  • Swordsmyth's Avatar
    Today, 05:04 PM
    What if they are a present for someone else? I know the answer: They don't care, it is a great excuse to charge you more anyway and you can't do anything about it. Why can't they be prosecuted for stalking?
    8 replies | 117 view(s)
  • DamianTV's Avatar
    Today, 05:04 PM
    Again, its not just about InfoWars, it IS about Free Speech and Free Press for ALL people in general. That is what their Narrative is really designed to shut down. InfoWars is a Scapegoat.
    30 replies | 482 view(s)
  • Anti Federalist's Avatar
    Today, 05:03 PM
    Danke Passengers complain of bedbugs on flights out of Newark airport http://www.fox5ny.com/news/passengers-complain-of-bedbugs-on-flights-out-of-newark POSTED: JUL 20 2018 04:07PM EDT UPDATED: JUL 20 2018 04:27PM EDT NEW JERSEY (FOX5NY) - Passengers on flights from Newark Liberty International Airport to India are complaining about bed bug infested seats.
    68 replies | 1761 view(s)
  • Swordsmyth's Avatar
    Today, 05:02 PM
    I can still buy and sell without using it.
    8 replies | 117 view(s)
  • DamianTV's Avatar
    Today, 05:01 PM
    Again, fully agree. Playfully flipping the argument... What some people want. Sure, you can go to war, and we will even give you a gun and tanks and bombs, but youre not allowed to kill anyone! I dont think that would pan out as well as some people would hope.
    18 replies | 127 view(s)
  • DamianTV's Avatar
    Today, 04:57 PM
    On occasion, there are legit reasons in specific situations. If you work at a job that requires use of a Face Mask (like Painting), it may be a functional necessity to be relatively clean shaven in order for the mask to work properly. Flipping the coin, it can also be considered Conformity of Appearance, which removes Individuality. They dont want Individuals in the military, they want cookie cutter assigned identities, and removing facial hair uniqueness is a physical manifestation of psychological individuality. Same exact reason in the Prussian Education Model that students are expected to wear School Uniforms.
    13 replies | 117 view(s)
  • Swordsmyth's Avatar
    Today, 04:56 PM
    Depending on how they are used the military and the cops could be considered to be legalized murder for hire but the legalization doesn't help control it. It may be killing but it isn't murder unless the situation was provoked on purpose, in that case it isn't legal. ;)
    18 replies | 127 view(s)
  • Anti Federalist's Avatar
    Today, 04:52 PM
    I hate these fucking things and will not use them. I also hate this new trend of table top devices, that dun you with noise, ads and games, have a camera and microphone that god only knows who is watching and listening, and then make you finger fuck the fool thing to pay. Fuck that, I pay top dollar to have a good meal with good service and that includes taking my order and handling the bill and not shoving surveillance literally, right in my face.
    19 replies | 157 view(s)
  • DamianTV's Avatar
    Today, 04:50 PM
    I actually agree with you on all points. Murder being legal, we need look no further than US Military or Cops. Also, Self Defense. Just to validate both sides of the point.
    18 replies | 127 view(s)
  • Swordsmyth's Avatar
    30 replies | 225 view(s)
  • DamianTV's Avatar
    Today, 04:36 PM
    Well, a Civil Liberty would say that when I am in your house and it is your property, I have a Liberty to use the bathroom, but do NOT have a Right to smoke in your house. I would have a Right to smoke in my own house, but not yours, as it would be your permission (Civil Liberty) to grant in that specific situation. What neither one of us would have a Right to do is to decree that the other may not smoke, ever. Recognizing the difference between a Right and a Civil Liberty (Permission) is a very important concept to understand. Trouble with this understanding is that for most people, the Definition between Rights and Permissions has been heavily confused. Whether that Confusion is intentional or not, the consequences are the same. Rights end where the Equal Rights of others begin. So yes, a person you once invited into your house has Rights, but by coming into your house, where you are Sovereign, King, and there is NO higher authority, they choose to temporarily give up their own Rights and abide by your rules. Outside your house, you would have zero authority over what they do. You could say that based on their behavior outside your house that you will no longer allow them to come inside your house, but, being Sovereign over your own property, you do NOT need ANY reason to say "no, you may not come in". A "Civil Liberty" would be nothing more than a Permission you chose to grant, and have valid authority to revoke that Permission at any time. Can I have one of your beers? That is your Permission to grant, but most importantly, I should not think for a second that I have any authority to take your beer without your permission. Ron explained a form of this as Entitlement. Immigration I do not believe is a Right, but a Permission to be granted by the We the People, and we can pick and choose, and even cherry pick who we will allow to come into the country for what ever reason, if any, that we want. Also, this isnt directed specifically at you, just an in general reply.
    30 replies | 225 view(s)
  • Swordsmyth's Avatar
    Today, 04:34 PM
    This isn't universally true, murder for hire doesn't have to be legal in order to control it. However when the deepstate runs the drug trade prohibition's only effect is to raise their profits and eliminate their competition. In any case drug prohibition is wrong.
    18 replies | 127 view(s)
  • Swordsmyth's Avatar
    Today, 04:29 PM
    But it is it humane to Canada to send Danke there?
    30 replies | 225 view(s)
  • Anti Federalist's Avatar
    Today, 04:27 PM
    Yup, Pete's right. Keep in mind these things are slow, under-powered and difficult to maneuver. Any well found passenger vessel would not have had nearly the trouble in riding out that breeze and sea, seas that are really nothing more than wind chop.
    28 replies | 178 view(s)
  • Swordsmyth's Avatar
    Today, 04:25 PM
    It’s been a stifling summer of disappointment for investors in the UK’s wind farms, which a heatwave has put at a standstill that’s seen a major drop in power generation eat away at millions of pounds in profits. As a prolonged ‘wind drought’ ensues, British energy giant SSE has announced an £80-million (around $104 million) reduction in quarterly profits, with both offshore and inland wind farms experiencing 15 percent lower output than originally anticipated. SEE also said that electricity output from hydropower stations was 20 percent lower than expected. The dismal numbers from the company’s first fiscal quarter indicated to investors that the full-year results may also take a hit, prompting share prices to plunge more than percent to £13.50 on Thursday. "This new financial year has so far been characterised by lower than expected output of renewable energy and persistently high gas prices, but looking ahead, we are very focused on fulfilling our obligations to energy customers and delivering on our key priorities,” SEE CEO Alistair Phillips-Davies said, as reported by the BBC. The country’s National Grid noted a 30-percent drop in wind generation in recent weeks. “Between 4th June and 15th July wind generation was around 30 percent lower compared to the same period last year. Electricity demand is low and we’re comfortable with the level of spare generation we have available,” grid authorities said in a statement. More at: https://oilprice.com/Latest-Energy-News/World-News/Lack-Of-Wind-Leaves-UK-Turbine-Investors-Short-Changed.html
    0 replies | 27 view(s)
  • Swordsmyth's Avatar
    Today, 04:22 PM
    Why not Mexico?
    30 replies | 225 view(s)
  • Anti Federalist's Avatar
    Today, 04:22 PM
    That's called "isinglass", although a somewhat incorrect term. It's a heavy gauge clear vinyl, without a knife, you're not going to tear it open. It looks like it happened pretty quickly, and it's pointless to say "well I wouldn't have been in that position" but at the last moment, when it appears that the starboard deck is awash, I would have, literally, tossed people off after securing their PFDs. It's a lake, the water is warm, even if a non swimmer the PFD will keep you afloat and it looks like the shoreline was 100 feet away or less. Get them out of the enclosed vessel...I will bet hard money the investigation shows that most people drowned while stuck inside the boat, or being beaten up alongside the vessel while it sunk. Trained mariners cannot abandon ship under bad weather conditions...remember the El Faro.
    28 replies | 178 view(s)
  • DamianTV's Avatar
    Today, 04:19 PM
    Making anything illegal only creates a Black Market for it. If you want any sort of control over it, it needs to be legalized. Trouble with this concept is that it isnt Mexico that is consuming all the drugs, its the US.
    18 replies | 127 view(s)
  • Swordsmyth's Avatar
    Today, 04:19 PM
    I don't know exactly what you mean by the civil liberties part but the group property rights part is exactly right.
    30 replies | 225 view(s)
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