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Ambrose Evans-Pritchard

IS IT TOO LATE FOR CHINA TO AVOID AN AGEING CRISIS?

China's new leaders are close to abandoning the country's one-child policy, belatedly moving to avert an ageing crunch as the work force goes into sharp decline. Jun Ma from Deutsche Bank said the new policies should shore up the pension system and inject stimulus as China's growth sputters. "As tens of millions of sibling-less people in China are now entering their child-bearing age, we expect this policy shift would induce a baby boom," he said. The one-child policy dates back to 1971 in its original form and has led to 336 million abortions and 222 million sterilizations, often badly executed in poor regions. Recent abuses have caused uproar, with photos circulating on the Chinese internet of a young mother lying beside a fully formed baby after she had been seized by police for failing to pay the "social compensation fee" for an illegal child. She was forced to undergo an abortion just before her natural birth. Premier Li Keqiang clearly views the policy an anachronism at a time when China is running out of workers, and faces a demographic time-bomb. There are currently five workers for every pensioner. This ratio will fall to two by 2035.  So any baby boom over the next few years may come too late.

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FREEDOM IS MORE IMPORTANT THAN SECURITY

Ljubljana, Slovenia.  Very few Americans have ever heard of Slovenia, even fewer of its capital cursed with a name no one can spell or remember (loo-bul-yan-ah).  Which is a shame, for this is arguably the most charming, attractive, cheerful, and certainly the cleanest and safest, capital city in Europe. Slovenia is an ancient land - the world's oldest wheel was found here - and a brand new country.  The Slovenes gained their independence via the quickest victory of freedom over evil in modern times.   There are lessons the heroic people of Slovenia can teach us.  And without doubt, the single most important lesson Americans need to learn right now is that freedom is more important than security. All of us could provide examples of how our freedom has been diminishing steadily for a long time.  Recently, however, it's been rapidly getting worse, with everyone in power, from local SWAT police to federal bureaucrats getting meaner and nastier.  Today, we're at the tipping point.  That tipping point is the choice between Freedom and the Surveillance State.  One of them has to be destroyed.  We can't have both.  (Update:  Skye posted a response on the Forum that is vital for all TTPers to see -- it is appended below.)

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FRANCE IS DANCING ON A VOLCANO AND EUROPE MAY GO UP IN FLAMES

During the Bastille Day celebrations this month, French President François Hollande declared - to the incredulity of pretty much everyone in France - that "the recovery is here". There are no particular economic indicators that would suggest this. Consumer spending and manufacturing remain at historic lows; growth in the third quarter is expected to be zero; the OECD has predicted that unemployment will actually be worse next year; and only this week a senior member of the FPD, Germany's junior coalition partner, pronounced that he was "very worried" about France, arguing that Hollande's decision to raise taxes was "fundamentally wrong." As an Austrian-American born and raised in Paris, and still living there, I have always been intrigued by the French faith in the French way. No other country - save for the United States - is as persuaded that it embodies a universal model for human societies. But a system whose economic performance is mediocre in times of prosperity and plain lousy in times of crisis can hardly purport to be a "model." And sadly, the same advantages that make the French believe in their system are also what make the country so unprepared for reform. The French, in short, are living in la-la land and their current system is doomed.

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MANNING’S ENABLERS

Yesterday (7/30), military judge Col. Denise Lind found Wiki-leaker Pfc. Bradley Manning guilty on five counts of espionage, as well as multiple counts of theft, computer fraud and military infractions. Giving Manning every benefit of the doubt, the judge found him not guilty of the charge of intentionally aiding the enemy - but still convicted him on 19 of 21 counts. Now begins the separate sentencing phase of Manning's military trial. But the long "guilty" list ensures he'll spend decades in a military prison. Yet two "unindicted co-conspirators" were missing in the dock throughout the trial. Not Julian Assange and his Wiki-gnomes, but the US Army and our Blame-America culture.  They are Manning's enablers.

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BLACKS IN ALBANIA

Shkodra, Albania.  When you fly over the main square here, you instantly notice a Moslem mosque and Christian church adjacent to each other.  They are both brand new, built in the last few years.  I'm writing this in a modern hotel room with wi-fi and a beautiful pool below.  It's brand new too.  In fact, virtually everything in this entire country is brand new or refurbished.  Including the people in a certain way.  Everyone looks normal, acts normal, dresses normal, and drives normal - but it's all amazing, especially the driving.  Up until not much more than 20 years ago, there wasn't a single private car in Albania, and only those allowed to drive government vehicles knew how.  Albania's roads and city streets today are filled with cars, and everyone behind their wheels just learned how to drive.  Somehow, they not only learned how to drive well, but courteously.  For anyone familiar with how crazy Italians drive - and Italy is right across the Adriatic from Albania - this is a shock.  Yet it is only the mildest of shocks when you learn what Albanians have been through to be where they are. What's this all got to do with Blacks?  Not Blacks in Africa or Albania, but Blacks in America?  There are no blacks in Albania at all - but American Blacks should come here to learn something.

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THE JEVONS PARADOX IN MEDICINE

Babies got cheaper this month. Twice. First, Belgian scientists announced that their new method has the potential to cut the costs of some in-vitro fertilization treatments from $7,500 to below $300. Their cut-price recipe requires little more than baking soda and lemon juice in place of purified carbon dioxide gas to maintain acidity when growing an embryo in a lab before implanting it. Second, a baby called Connor was born after 13 of his parents' embryos had their genomes analyzed using next-generation DNA-sequencing techniques in an Oxford laboratory. Only three of the embryos were found to have the right chromosome number, and one of these "normal" embryos was then implanted in his mother. This new approach, made possible by the rapidly falling cost of DNA sequencing, promises to cut the number of failures during IVF, reducing both cost and heartache. The two announcements are a reminder that cost reduction and productivity boosts are the purpose of most innovation. Medicine is no exception. Innovation is driving down the costs of medical interventions all the time, and the falls may be about to accelerate, thanks to biotechnology and information technology. Whence, then, the relentless rise in the costs of healthcare? Part of the answer is known as the Jevons paradox after the Victorian economist Stanley Jevons.

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CHINA’S GDP CRUMBLES

China is sliding towards a deflation trap and may be in outright recession already if data are measured accurately, with serious knock-on risks for the global economy. "It is too late to avoid a hard-landing," said Patrick Chovanec from Silvercrest Asset Management and a former professor at Beijing's Tsinghua University. "To keep growth going they have to push extremely high levels of investment to even more extreme levels, and that is becoming very hard to do and very hard to finance." "The economic return on credit is rapidly declining. They increased loans by $1 trillion in the first quarter, but growth slid anyway and is now below levels seen in early 2009 after the Lehman crisis. It is no longer out of the question that GDP will actually fall," he said. Diana Choyleva, from Lombard Street, said the official Chinese figures show that the economy contracted by 0.2% in the second quarter, rather than growing 1.7% (7.5% year-on-year) as claimed by the government.

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THE POLITICS OF HUMAN SACRIFICE

"What the liberal-left really wants is not for justice to be done and seen to be done, but rather for a sacrificial victim to be immolated on the pyre of racial grievance, resentment, and entitlement. Very few of those out on the streets protesting are worried in the slightest about whether or not Zimmerman is genuinely guilty of a crime. The symbolism is all that matters: Zimmerman was white; Trayvon was black." -James Delingpole, London Telegraph This is because the Left practices the politics of human sacrifice.  The term "human sacrifice" brings up images of primitive tribes, like that so graphically and accurately depicted in the movie Apocalypto. The culture of the Left is also based on primitive sacrifice.  The sacrifice the Left is demanding for Zimmerman - that he be "immolated on the pyre of racial grievance" - is not metaphorical.  The Left wants him physically killed - either by vigilante lynching or in a prison's electric chair.  We think our culture has "evolved" far beyond the primitive practices of human sacrifice, cannibalism, and however recently, slavery.  But it has not - not as far as the Left is concerned. We make fun or sadly shake our heads in pity of illiterates like Rachel "I've got a 3.0" Jeantel, or rioting "I am Trayvon" inner city morons - but the truth is that the real jungle bunnies with bones through their noses are the white "intellectuals" of the Left. who teach in Ivy League Universities and write editorials in the New York Times.  Although they consider themselves to be in the progressive vanguard of sophisticated contemporary thought, their belief system is atavistic, a regression to a primitive tribal belief in Black Magic.

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WILL OUR RACIST ATTORNEY GENERAL PLEASE GO AWAY?

Get out of here.  Please.  Yesterday will do fine.  Your command at Justice became intolerable in your first big public statement four and a half years ago (February 2009), the one in which you laid out your hateful view of American society:

"...in things racial we have always been and continue to be, in too many ways, essentially a nation of cowards. Though race related issues continue to occupy a significant portion of our political discussion, and though there remain many unresolved racial issues in this nation, we, average Americans, simply do not talk enough with each other about race."
You were telling us that you intended to inflame political racial conflict in the United States.  And so you have.  But here's the truth: Surveys invariably show that we are the least racist society in the world.  The society you're talking about is not American, it's Asian, or North African, or Arab.  We're the best in the world.  You should know that and say it proudly. But that's not what you're about.  No one could possibly characterize your race-driven proclivities better than you did, when you said, "I am the black U.S. attorney... there's a common cause that bonds the black U.S. attorney with the black criminal..."

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THE EXTREME WEATHER SCAM EXPOSED

When the history of the global warming scare comes to be written, a chapter should be devoted to the way the message had to be altered to keep the show on the road. Global warming became climate change so as to be able to take the blame for cold spells and wet seasons as well as hot days. Then, to keep its options open, the movement began to talk about "extreme weather." Those who made their living from alarm  switched tactics  to jump on any unusual weather event -- whether it was a storm, a drought, a blizzard or a flood -- and blame it on man-made carbon dioxide emissions. This proved a rewarding tactic, because people -- egged on by journalists -- have an inexhaustible appetite for believing in the vindictiveness of the weather gods. The fossil fuel industry was inserted in the place of Zeus as the scapegoat of choice, with scientists as the weather gods' priests. The fact that people have short memories about weather events is what enables this game to be played. Even here in mild England, people are always saying, "I have never known it so cold/hot/mild/windy/wet/dry/changeable as it is this year." One Christmas I noticed the seasons had been pretty average all year, neither too dry nor too wet nor too cold nor too warm. "I have never known it so average," I said to somebody. I got a baffled look. Nobody ever calls the weather normal.

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HALF-FULL REPORT 07/12/13

While waiting for my flight in the airport lounge in Sofia, Bulgaria yesterday (7/11), it was hard to ignore the big TV monitor tuned to ABC News.  There was Diane Sawyer announcing the "latest development" of the Zimmerman trial, and up flashed the ABC intro graphic to start the story. On one side of the screen was a picture of Zimmerman in the gray suit and tie he wears to the trial.  On the other side was a picture of Trayvon Martin - not as a six-foot tall 17 year old but as an angelic smiling 12 year-old.  It's the same picture ABC uses to identify him on its website: Somebody switched the channel to CNN - funny how many American news channels there are in Bulgaria - which was devoted to some lawyers discussing mindless minutiae of the trial.  Not a word about the real "latest development" - the disclosure on Wednesday (7/10) that Eric Holder's Justice Department organized with taxpayer money racial protests and racial unrest against George Zimmerman.   The best op-ed of the week on this racist farce is in Tuesday's (7/09) IBD.  It's IBD's conclusion that everyone needs to understand  -- that any blood from planned race rioting will be on Obama's hands. Let's get out of the stuffy air in here and into the world a bit.  There's no resisting, for example this headline of the week:

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SOUTHERN EUROPE IS SCREWED

Europe's debt-crisis strategy is near collapse. The long-awaited recovery has failed to take wing. Debt ratios across southern Europe are rising at an accelerating pace. Political consent for extreme austerity is breaking down in almost every EMU crisis state. And now the US Federal Reserve has inflicted a full-blown credit shock for good measure. A leaked report from the European Commission confirms that Greece will miss its austerity targets yet again by a wide margin.  The Greek think-tank IOBE expects GDP to fall 5% this year. It has told journalists privately that the final figure may be -7%. The Greek stabilization is a mirage. Italy's slow crisis is again flaring up. Its debt trajectory has punched through the danger line over the past two years. The country's €2.1 trillion ($2.7 trillion) debt - 129% of GDP - may already be beyond the point of no return for a country without its own currency. Standard & Poor's did not say this outright when it downgraded the country to near-junk BBB on Tuesday (7/09). But if you read between the lines, it is close to saying the game is up for Italy.  The game is up for all of Southern Europe.

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DINOSAURS, DEMOCRACIES, AND THE DEEP STATE

Sofia, Bulgaria.  Today (7/10) is the 27th straight day of anti-government protests here in Bulgaria's capital.  If you look at the picture in the Euronews story about yesterday's protest, you'll notice that the folks marching down Vitosha Street aren't a bunch of Occupy moocher-hippies.  These are regular middle-class folks of all ages, Bulgarian Tea Partyers, totally fed up with endemic government corruption that seems impossible to get rid of. One of Bulgaria's neighbors is Turkey, where similar anti-government protests have been going on since early June as well.  On Monday (7/08), police fired teargas and water cannons at protestors in Istanbul. There have been massive anti-government protests for over a month in up to 100 cities in Brazil.  We all know what's going in Egypt, where tens of millions demanded the removal of an Islamist sharia tyranny, and got it.  But now what? And now what for the US?  Zero's Police State America expands exponentially by the day, we have the most corrupt and oppressive government in our nation's history by far - and where are the folks in the streets like here in Bulgaria, or Turkey or Brazil?  I hear crickets instead.  Yet there's no doubt the seething and frustration is reaching a boiling point. Is there something in common, some universal irritation, that causing all of this? Perhaps.  First, however, we need to get rid of a metaphor.

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AMERICA’S WORLD-SHAKING SHALE OIL CORNUCOPIA

In the US shale gas is old hat; it's the shale oil revolution that's proving a world changer, promising not just lower oil prices worldwide, but geopolitical ripples as America weans itself off oil imports and perhaps loses interest in the Middle East. One of the pioneers of the shale gas revolution, Chris Wright, of Liberty Resources, was in Britain last month. It was he and his colleagues at Pinnacle Technologies who reinvented hydraulic fracturing in the late 1990s in a way that unlocked the vast petroleum resources in shale. Within seven years the Barnett shale, in and around Forth Worth, Texas, was producing half as much gas as the whole of Britain consumes. And the Barnett proved to be a baby compared with other shales. Like many shale entrepreneurs, Mr. Wright is now spending a lot of time in North Dakota drilling for oil. The success of America's shale gas revolution drove the gas price so low that in 2010 most drilling rigs switched to looking for oil. With spectacular results. A new report (The Shale Oil Boom: a US Phenomenon) by Leonardo Maugeri of Harvard University, sets out just how astonishing this second shale revolution already is.

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EARNING OUR FREEDOM

egypt_celebrates.png As Egyptians celebrate their liberation from the fascism of the Moslem Brotherhood, let us hope Americans will soon be celebrating their liberation from the fascism of Zero. To The Point wishes you all a gloriously happy Fourth of July.  Have fun, celebrate America, and take the time to read the entire Declaration of Independence.  While you read it, note: what counts is not that the Founding Patriots of America wrote these words - it's what they did.  What counts is they put these immortal words into action.  They pledged their lives, their fortunes, their sacred honor, and fought for America's freedom - knowing that if they failed, they would have been hung by their necks until dead on a gallows, and history would despise them as traitors. Unless people are willing to fight and risk their lives for freedom, they don't deserve it.  Freedom must be earned, or else it will be lost.  We are losing it in America today.  Let us earn our freedom again. july4th.png

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WE PLEDGE OUR LIVES, OUR FORTUNES, AND OUR SACRED HONOR

IN CONGRESS, July 4, 1776. The unanimous Declaration of the thirteen united States of America, When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation. We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. --That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

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WILL GEORGE ZIMMERMAN SAVE AMERICA?

What is going on in Egypt is simply astounding.  The pictures -such as those of this UPI story, are jaw-dropping.  Especially when you consider what millions upon millions of Egyptians are demonstrating against:  radical Islamism and Sharia law which they equate with fascist tyranny. Who or what is behind these gigantic protests?  An amorphous movement called Tamarod, meaning "Rebel" or "Rebellion" in Arabic.  Its goal is the resignation of President Morsi and the removal of the Moslem Brotherhood from power, followed by new elections. Now, here's what almost no one gets so far:  The Tamarod movement is Egypt's Tea Party.  Both are anti-fascist freedom movements.  Of course, the US Tea Parties have a far deeper and more solid foundation - the US Constitution and the demand for the federal government to limit itself to the Constitution's enumerated powers. Nonetheless, what is happening in Egypt should inspire all Tea Partyers in America.  If tens of millions of Egyptians can demand the resignation of their corrupt fascist leader, why can't tens of millions of Americans do the same? Well, then, why aren't they?  Americans have the greatest tradition of freedom in human history.  Egyptians don't have any at all.  So why aren't vast numbers of Americans in the streets demanding their freedom from the federalie fascisti, led by an irretrievably corrupt president who hates their country?  What does it take? Maybe it takes George Zimmerman getting acquitted.

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SURVIVING A RIOT

riot1.png   Korean shopkeepers during the 1992 Rodney King race riots in Los Angeles

As much as no sane person would want urban and suburban rioting, there are thugs making noise in social media that they would use the acquittal of Florida neighborhood watchman George Zimmerman as an excuse to riot and loot on a grand scale, not just in Sanford, FL where events took place, or in Florida, but nationwide. These criminals—there’s no other way to describe them—are asserting that they will use an acquittal as a excuse nationwide to go on a rampage in many areas.

The last time we saw rioting on a very large scale, it was very, very bad.

The very first thing you need to do is figure out a neighborhood protection plan (NPP). If you haven’t figure done out with your neighbors, I’d suggest you get a copy of (shameless commercial plug coming) A Failure of Civility and start working with them on that, posthaste.

I’d suggest that caliber is less important than magazine capacity and accuracy in such a situation, and that firearms with excellent penetration qualities and long range aren’t optimal. It’s tough to argue a case for lethal force at 400 yards even against a mob, and if your bullet is recovered from the body of a neighbor hiding in a closet, the court will still hold you responsible.

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THE PALE SHADOW OF OBAMA IN AFRICA

[Today, 7/01, President Zero continues his $100 million African vacation with a visit to Tanzania.  He is not going to, nor has he ever been to as president, the country of his alleged father - Kenya.  In response, this essay was published today in Kenya's most widely read newspaper, the Daily Nation, by Kenya's most prominent attorney and legal scholar.-JW] President Barack Obama's visit to three countries in Africa has failed to excite, annoy or even disappoint. In fact, it is slowly passing out as a non-event. President Obama is not Candidate Obama of five years ago. He is a pale shadow of the man who mesmerized the world with his oratorical skills, inspirational speeches and wide smiles. He is a limping version of the giant of a man who swept the world with his moving speeches, deep thinking and a great promise of a better tomorrow. President Obama is not the man the American people gambled their fate with. Five years after his first election, Obama has shrunk so much in stature that he is barely recognizable in the global stage were it not for his black skin. So how does one explain the dramatic metamorphosis of the giant into a dwarf in such a short time?

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HALF-FULL REPORT 06/28/13

Aren't you dizzy?  This week's events are like a ride on Full Throttle, the world's fastest-tallest roller coaster that just opened (6/22) at Six Flags Magic Mountain north of LA. Might as well start with the Treason Vote in the Senate yesterday (6/27).  The 2,000 page Amnesty Bill - S744 - passed 68-32.  Here's the roll call.  All 54 Dems-Yes, 32 Pubs-No.  The 14 Pubs voting Yes: Alexander-TN, Ayotte-NH, Cheisa-NJ, Collins-ME, Corker-TN, Flake-AZ, Graham-SC, Hatch-UT, Heller-NV, Hoeven-ND, Kirk-IL, McCain-AZ, Murkowski-AK, Rubio-FL. 14 reasons why the Republican Party as ruled by its Establishment Elite has to be demolished, as in going the way of the Whigs. Supposedly, the bill is DOA in the House.  The fate of our country seems now dependent on the word of John Boehner. So -- ready to get on Full Throttle and ride through the week?

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WHAT IF CONSERVATIVES BEHAVED LIKE MOSLEMS?

Last month, the student newspaper of Australia's National University, Woroni, was banned from publishing a satire of Islam.  It was clear why school authorities did so:  to avoid, as reported by the Canberra Times, "the potential for violent backlash." We could go on forever citing examples of people capitulating to Moslem threats of violence.  You'll get death threats for saying Islam is a religion of violence.  It is sickeningly, disgustingly immoral - and true.  Islam really in fact and undeniably is a religion of threats, violence, and murder.  It is an established tradition in Islam that an apostate (a Moslem who renounces Islam and converts to another religion) should and must be put to death in the name of Allah. Here's what's also true.  The threats work, the violence works.  People are intimidated, from university administrators to politicians to intellectuals to newspaper and magazine editors.  Instead of rising up and beating Moslems issuing threats over their head with a baseball bat, or telling them to STFU and stick their fascist Koran up their nose, they cringe and capitulate.  Violence works.  Threats work.  Intimidation works. It works so well that it could get conservatives to wondering if it would work for them.

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I DISSENT

[Note: Yesterday, June 26, the Supreme Court issued its decision in United States v. Windsor, ruling 5-4 that DOMA, The Defense of Marriage Act, is unconstitutional.  Justice Kennedy provided the decisive vote, siding with the Court's four dependably liberal justices, Ginsberg, Breyer, Sotomayor, and Kagan.  Justices Roberts, Alito, Thomas, and Scalia dissented.  The link above is to the Pdf file of the entire decision, which is where the Scalia dissent is to be found.  TTP here presents, as a public service, the extraordinary dissent of Justice Scalia in its entirety, of over 8,000 words, in easily readable form.  It is quite possibly the most blistering, scathing moral denunciation of a majority opinion by a dissenting justice in Supreme Court history. He condemns the Court majority for "formally declaring anyone opposed to same-sex marriage an enemy of human decency," for accusing "the Congress that enacted this (Defense of Marriage) law and the President who signed it of... act(ing) with malice - with the ‘purpose to disparage and injure' same-sex couples." Scalia is stunned by the majority's vitriol at "simply for supporting an Act that did no more than codify an aspect of marriage that had been unquestioned in our society for most of its existence-indeed, had been unquestioned in virtually all societies for virtually all of human history. It is one thing for a society to elect change; it is another for a court of law to impose change by adjudging those who oppose it hostes humani generis, enemies of the human race." This is a brilliant exercise in judicial, constitutional, and moral reasoning.  It is worth reading entire. -JW]   This case is about power in several respects. It is about the power of our people to govern themselves, and the power of this Court to pronounce the law. Today's opinion aggrandizes the latter, with the predictable consequence of diminishing the former. We have no power to decide this case. And even if we did, we have no power under the Constitution to invalidate this democratically adopted legislation. The Court's errors on both points spring forth from the same diseased root: an exalted conception of the role of this institution in America.

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THE SENATE REPUBLICANS’ GANG OF IDIOTS

If you want to know what's wrong with the Republican Party wrapped up in one pretty package, all you have to do is look at the latest amnesty disaster that was created by a gang of Republican idiots in the Senate. Marco Rubio, John McCain, Jeff Flake, Lindsey Graham, Bob Corker, John Hoeven, Kelly Ayotte, Dean Heller and the rest of the braindead Senate Republican buffoons who have supported this bill are the living personification of the words, "Stuck on Stupid." They picked the wrong issue, at the wrong time, did it the wrong way, and set it up so that no matter what happens, the Republican Party is doomed to get kicked in the teeth. Why does the Republican Party lose elections? Because they do things like this:

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MAYBE WE WILL NEVER RUN OUT OF NATURAL GAS

Coal, oil and natural gas are "fossil" fuels, right? They are derived from ancient life-forms and are nonrenewable, stored energy, extracted from prehistoric sunlight. In the case of coal and most oil, this is obviously true: You can find fossil tree trunks and leaves in coal seams and chemicals in oil that come from plankton. But there's increasing doubt about whether all natural gas (which is 90% methane) comes from fermented fossil microbes. Some of it may be made by chemical processes deep within the earth. If so, the implications could be profound for the climate and energy debates. It may be that we will never run out of natural gas.  There may be a literally inexhaustible supply of it.  Who needs "renewable" energy any more?

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THE INSANITY OF AMNESTY AT ALL COSTS

Just like they did with Obamacare, some in Congress intend to "Pelosi" the amnesty bill. They'll pass it in order to find out what's in it. And just like the unpopular, unaffordable Obamacare disaster, this pandering, rewarding-the-rule-breakers, still-no-border-security, special-interests-ridden, 24-lb disaster of a bill is not supported by informed Americans. I am an ardent supporter of legal immigration. I'm proud that our country is so desirable that it has been a melting pot making a diverse people united as the most exceptional nation on earth for over two centuries. But I join every American with an ounce of common sense insisting that any discussion about immigration must center on a secure border. The amnesty bill before the Senate is completely toothless on border security. If this bill was genuinely concerned with border security, it might include practical solutions for those states that live with the problem every single day. Pass-through grants could be given to border states to actually build a fence.  Free up more federal lands along the border to be privatized. There are plenty of other commonsense solutions, but this bill isn't about fixing problems; it's about amnesty at all costs.  What's more, passing this bill with an unsecured border and within a growing welfare state under Barack Obama is economic insanity.

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HALF-FULL REPORT 06/21/13

Tweet, tweet!  As of yesterday (6/20), thanks to Miko, TTP is on Twitter: @2thepointnews.  Or click on the Twitter icon in the right side bar.  Now you can tweet your favorite quotes from or link to any TTP article to any of your followers.  Tweet and Retweet away! There is so much to Tweet about this week.  Marco Rubio morphing into Charlie Crist.  Zero stepping deep in two cowpies. Sarah Palin is back!  Dems defeating their precious trillion dollar Food Stamp bill.  Dems crying over their prospects all the way to 2022.  Technology protecting us from the Surveillance State.  The EPA failing to fault fracking.  And there's more. We'll end with a story appropriate to today:  June 21st, the Summer Solstice (in the northern hemisphere).  No, it's not about flower-bewreathed New Agers communing with the Druids at Stonehenge.  It's about one of the most extraordinary geniuses in history you may have never heard of.

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THE GLOBAL THREAT OF OUR TIME

"Peace with justice means refusing to condemn our children to a harsher, less hospitable planet.  The effort to slow climate change requires bold action... With a global middle class consuming more energy every day, this must now be an effort of all nations, not just some.  For the grim alternative affects all nations -- more severe storms, more famine and floods, new waves of refugees, coastlines that vanish, oceans that rise.  This is the future we must avert.  This is the global threat of our time.  And for the sake of future generations, our generation must move toward a global compact to confront a changing climate before it is too late.  That is our job.  That is our task.  We have to get to work."  --President Zero, Brandenburg Gate, Berlin, Germany, June 19, 2013
There is a great deal of sniggering about Zero's pathetic Brandenburg Gate speech yesterday (6/19).  The headline in the British London Telegraph summed it up: "Barack Obama Bombs in Berlin - A Weak, Underwhelming Address from a Floundering President." Or, as the New York Post more pithily and succinctly described it:  "Mush from the Wimp." Chrissie Tingle-leg Matthews blamed it on the sun shining on the TOTUS. The above quote from the speech does, however, serve a vital purpose:  it focuses our attention on "the global threat of our time."  Which is...

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CHINA’S CREDIT BUBBLE IS A MINSKY MOMENT

Beijing.  China's shadow banking system is out of control and under mounting stress as borrowers struggle to roll over short-term debts, Fitch Ratings has warned. The agency said the scale of credit was so extreme that the country would find it very hard to grow its way out of the excesses as in past episodes, implying tougher times ahead. In an interview with Charlene Chu, Fitch's senior director in Beijing, she explained to me: "The credit-driven growth model is clearly falling apart. This could feed into a massive over-capacity problem, and potentially into a Japanese-style deflation. There is no transparency in the shadow banking system, and systemic risk is rising. We have no idea who the borrowers are, who the lenders are, and what the quality of assets is, and this undermines signaling."  "There is no way they can grow out of their asset problems as they did in the past," she continued. "We think this will be very different from the banking crisis in the late 1990s. With credit at 200% of GDP, the numerator is growing twice as fast as the denominator. You can't grow out of that."  We may be seeing the arrival of a "Minsky Moment" for China, when the debt pyramid collapses under its own weight.

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WHY I AM A REPUBLICAN

Note:  Elbert Guillory is a State Senator in the legislature of Louisiana.  A graduate of Rutgers Law School, he has been a practicing attorney in Opelousas for many years, and turned to politics in his 60s - elected as a State Representative in 2007, then State Senator in 2009 as a Democrat.  Opelousas is heavily black and Democrat. On May 31, he formally switched his party affiliation to the Republican Party, becoming the first black Republican in the Louisiana Senate since Reconstruction in the 1870s.  He is widely considered now to be a formidable candidate for Lt. Governor in 2015. Guillory calls himself a "Frederick Douglass Republican."  Here is his explanation.  It brought tears to my eyes, and it may well to yours.  - Jack Wheeler {youtube}n_YQ8560E1w{/youtube}

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HALF-FULL REPORT 06/14/13

marilyn_monroe.png Fifty-one years after her death, Marilyn Monroe still remains the most iconic movie star of all time.  Last Sunday (6/09), the London Daily Mail ran a story with the headline, "I Listened to Marilyn Die."   The daughter of a famous Hollywood private detective, Fred Otash (1922-1992), recently found eleven boxes of her father's files and notes in a storage unit.  The files reveal that Otash had been hired by Howard Hughes to bug the home of Marilyn Monroe. Otash's notes say that on August 5, 1962, she had a violent argument with Bobby Kennedy and Peter Lawford (Bobby's brother-in-law), yelling that she had been "passed around like a piece of meat" by the Kennedy brothers (Bobby, Teddy, and JFK).  The notes continued: "She was really screaming and they were trying to quiet her down. She's in the bedroom and Bobby gets the pillow and he muffles her on the bed to keep the neighbors from hearing. She finally quieted down and then he was looking to get out of there." That is followed by the note:  "I listened to Marilyn Monroe die." The tape has never been found.  Marilyn Monroe died on August 5, 1962.  Otash never talked or wrote anything published about this.  His private notes seem to confirm what many have suspected over the years:  That Bobby Kennedy killed Marilyn Monroe.

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WHICH SIDE ARE CONSERVATIVES ON?

Are conservatives on the side of freedom or of fascism? You'd think that would be a no-brainer, that of course they're on the side of freedom.  Yet in the last few days, a number of prominent conservative thinkers and leaders have had such a strong emotional reaction over Edward Snowden that they've allowed their amygdala to seize control of their prefrontal cortex.  It's a temporary condition, and they'll soon be thinking rationally again.  Yet as TTP is "The Oasis for Rational Conservatives," let's assist them in doing so. First, some examples of conservatives rushing to defend Barack Hussein Obama and the Democrat Party from Snowden's whistleblowing.  Then we'll ask, What conservatives haven't drunk this Kool-aid? (Hint:  Rushbo is one.)  Then we'll get to the bottom line: Rather than condemning Snowden, we should be celebrating him.  He has not done the slightest bit of damage to our real actual national security.  In fact, he has enormously enhanced it, and in two enormously important ways.

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SHOULD IT BE CRIMINAL TO EXPOSE THE CRIMES OF THE STATE?

What Edward Snowden has done is an amazingly brave and courageous act of civil disobedience. As a Whistleblower like me, he became discomforted by what he was exposed to and what he saw: the industrial-scale systematic surveillance that is scooping up vast amounts of information not only around the world but in the United States, in direct violation of the fourth amendment of the US constitution. I feel a kinship with Snowden: he is essentially the equivalent of me. He saw the surveillance state from within and saw how far it's gone. The government has a pathological incentive to collect more and more and more; they just can't help themselves - they have an insatiable hoarding complex. Since the government unchained itself from the constitution after 9/11, it has been eating our democracy alive from the inside out. There's no room in a democracy for this kind of secrecy: it's anathema to our form of a constitutional republic, which was born out of the struggle to free ourselves from the abuse of such powers, which led to the American Revolution. That is what's at stake here: to an NSA with these unwarranted powers, we're all potentially guilty; we're all potential suspects until we prove otherwise. That is what happens when the government has all the data. 

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THE OBAMA REGIME AND THE SECOND FRENCH REVOLUTION

Sorry folks, but tonight's entertainment feature on the Second American Revolution, replacing the Obama Regime with the Declaration of Independence and the Constitution, has been retracted.  You will now enjoy a rerun of the French Revolution instead. What?  How can this be?  Here's the sad story that will explain why you need to learn French and to buy our New high tech neck armor -- specially priced at only $500 to save your neck from the French guillotine.  Also excellent protection against vampires.  But most of all, this is a surprise revisit from the past to warn us why we must prepare ourselves for the coming French Revolution in America. You will recognize many of the Ministries issuing endless rules and regulations that you have nothing to say about but sadly there will be more, though there will be no Ministry of Silly Walks, because there is nothing funny about it.  Sit back, raise your glass of French wine, pick up your guitar and play, just like yesterday, you'll get on your knees and pray,  We Won't Get Fooled Again!! (Yes, the classic by The Who is rated by National Review as the #1 Conservative Rock Song of all time.  The lyrics are here, you can listen/watch here.) Written in 1971, it looks eerily prescient, because Obama's America today looks more like it's on the way to another French Revolution than another American one.  To learn why, we turn to a Frenchman who explained it over 150 years ago.

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HALF-FULL REPORT 06/07/13

How can you drink water from a gushing firehose?  Trying to assimilate and get a fix on what's going on this week will be like that. Let's get out of the weeds, step back and do some dot-connecting.  With scandals being piled on scandals - two massive ones breaking in just the last 24 hours - do they have anything in common? The overall theme characterizing all of this is:  fascist arrogance.  Zero's boss, the Wicked Witch of the West Wing, Valerie Jarrett, epitomized this yesterday (6/06) when she announced on HuffPo TV that there was no way Eric Holder was going to resign.  He will, she promised, "be in his position for quite a while." Benghazi exemplifies the brazenness of Zero's lying.  Sibelius exemplifies Zero's gangsterism.  Let's focus more specifically on the remaining four:  IRS, DOJ, Verizon and PRISM.  They go beyond arrogance.  They are unmistakable evidence of the conversion of America into a fascist police state. We also need to connect the dots between the creation of Police State America and a decision of the Supreme Court this week.  That would be...

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THESE ARE THE BOYS OF PONT-DU-HOC

On June 6th, 1984, the greatest president of modern times, Ronald Reagan, delivered this magnificent speech at Pont-du-Hoc, on the 40th anniversary of the D-Day Normandy Landing.  Today is the 69th anniversary of that unparalleled example of American courage. {youtube}eEIqdcHbc8I{/youtube} 

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WHEN WILL AMERICANS BE AMERICANS AGAIN?

There is so little doubt over who is the TTP Hero of the Week right now that I'm jumping the gun, rather than disclose it in the Half-Full Report tomorrow. She's a lady from the small town (pop. 6,600) of Wetumpka, Alabama on the Coosa River some 12 miles north of Montgomery.  Her name is Becky Gerritson.  Day before yesterday (6/04), in her capacity as founder and president of the Wetumpka Tea Party, she testified on Capitol Hill before the House Ways and Means Committee.  After putting up with her and her fellow witnesses being mocked by one of the biggest scumbags in Congress, Baghdad Jim McDermott - who told them they had "brought [IRS persecution] upon themselves" - she told the Congressistas: "I'm not here as a serf or a vassal. I'm not begging my lords for mercy. I'm a born-free American woman, wife, mother, and citizen. And I'm telling my government that you've forgotten your place."  "You've forgotten your place."  These are indeed the words of a proudly born-free American, and Becky Gerritson should be a hero to all of us for the courage to stand up to the Fascists of Washington and say them to their face.  Yet her heroic words are also tragic, for it is millions of her countrymen who have allowed the fascisti to forget their place.  How do we get them to become born-free Americans like Becky Gerritson?

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AMERICA IS ON THE THRESHOLD OF ORWELL’S 1984

Shortly before the second-term inauguration of Barack Obama this January, I wrote the following of my worries over the Obama way of doing business:

But the untruths and hypocrisy hover in the partisan atmosphere and incrementally and insidiously undermine each new assertion that we hear from the president - some of them perhaps necessary and logical. Indeed, the more emphatically he adds "make no mistake about it," "let me be perfectly clear," "I'm not kidding," or the ubiquitous "me," "my," and "I" to each new assertion, the more a growing number of people will come to know from the past that what follows simply is not true. Does this matter? Yes, because when the reckoning comes, it will be seen as logical rather than aberrant - and long overdue.
I ended my prognostications with the warning, "And so a reckoning is on the near horizon. Let us pray it does not take us all down with his administration." Four and half months later, it almost has.  George Orwell's 1984 is arriving in America.

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IRANIAN SEX AND CIRCUSES

I've often said that Iran=Italy squared, in terms of political complexity.  You can't identify the players even if you have the latest scorecard. Still, there's no excuse for so many articles and official pronouncements exploring who's going to "win" the Iranian "elections" on June 14.  Nor is there any excuse for failing to understand the Obama administration's latest pretense at getting tough on the regime.  And there is certainly no excuse for writing about a presumed sexual revolution that is threatening the regime, of all things.  Let's get it all straight.  In order:

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HALF-FULL REPORT 05/31/13

Don't you think it's high time to point out the undiluted racism of the Zero Presidency and its supporters? Racism is, of course, what got Zero nominated and elected to begin with, back in 2008.  No one, certainly no Democrat or Libtard journalist, would have paid any attention whatever to a freshman Senator with exactly his résumé if he were just another white guy.  But let's now ask, do you think that, on Monday (5/27) the leader of the Democrat Party in Louisiana, Karen Carter Peterson, would have denounced opponents of Obamacare as racists - "it's about race; it's about the race of this African-American president" - if she weren't black herself? Do you think that, yesterday (5/30) on MSNBC, sociology professor Michael Eric Dyson would have defended Eric Holder as "the Moses of our time," if he weren't black himself?  (Funny, though, I never knew that Moses was black or that Holder was Jewish.) While Peterson and Dyson were heavily criticized for their statements, no one had the nerve to criticize them for being racially motivated.  It's about time they were... don't you think? Meanwhile, as last week's HFR noted, Eric Holder is toast.  This week he's melba toast.

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