. . . minimum wage laws – while advertised under the banner of social justice – do not live up to the claims made by those who tout them. They do not lift low wage earners to a so-called “social minimum”. Indeed, minimum wage laws — imposed at the levels employed in Europe — push a considerable number of people into unemployment. And, unless those newly unemployed qualify for government assistance (read: welfare), they will sink below, or further below, the social minimum. As Nobelist Milton Friedman correctly quipped, “A minimum wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.”–Zero Hedge, Feb. 28 2017
Because property values and rents have risen, they are beginning to cut into discretionary spending. For example, in the restaurant business. Curbing eating out is the most obvious way households can cut their expenditures to survive. But as restaurant workers are curbed the malaise spreads to retail sales, and we see just what we’re seeing in the United States the closure of brick and mortar stores (Sears, American Apparel, Macy’s, etc., etc.) At some point (but almost always after any long expansion) manufactures find they have too much labor for a given effective demand. And then the crunch really begins as manufactures and business begin paring capital expenditures because of excess capacity. The problem is real wages have not grown to keep the game solvent. And the reason that real wages, i.e., those adjusted for inflation, have not kept pace is that the balance of class forces do not favor workers. This is as much a problem of social relations of production, as it is economic. Why Donald J. Trump’s arrival on the scene is so important. The ruling elite up until now has been moving the goal posts against labor, and have essentially gained the upper hand since the Reagan administration. Not surprisingly, Wall Street and not main street has benefited most from this shift in power. And the last time workers had leverage was going into World War II, when capital had to have the support of unions for war production. If they are now extending a hand to workers it is because our governing elite want to wage a major war against a formidable opponent or opponents. The sacrificial lambs to appease workers to gain their support for a major war are the Chicanos and Latinos. They are today’s Middleman Minority to take the fall. With less education and fewer skills, the Chicanos and Latinos are to be downsized if and when the country moves to the austerity of war production, and even rationing. Though most military experts do not expect World War III to last very long. But to the contrary it may persist for the very reason the United Nations has so discredited itself, that it may not be able to call a ceasefire to nuclear exchanges. Again, I believe the Left Coast will be sacrificed in any war with either Russia or China. Meaning that the Latino immigrant problem will become a moot point. Why else would the crazed Democrats seek to antagonize a nuclear power like Russia, saying they are intervening into our elections? And why praise the selection of General McMasters other than the fact he too is a Russophobe. The bottom line: Democrats have yet to produce any empirical evidence to justify a wider investigation. They are on a fishing expedition and want the GOP to go along, and who knows, perhaps the globalist Republicans will do exactly that because they too are committed to the “German Goal” of war with Russia. I am now starting to think the Deep State is a bunch of malarkey, and we are dealing with just good ol’ globalist espionage. Did you notice that the French now are attempting to blame Putin for the rise of French nationalism and Marine Le Pen. Berlin has truly taken over Europe, just as envisioned by Adolf Hitler. The good part is that what was once opaque is now becoming transparent, and the world is engaged in fighting World War II all over again. And at the heart of the conflict is the same old Jewish question.
The 89th Annual Academy Awards brought in an average of 32.9 million viewers on Sunday night. According to ABC, that was the second lowest viewership in Oscar history and is down from the 2016 broadcast, which brought in 34 million viewers.–Zero Hedge, Feb. 27, 2017
Nobody cares about what Hollywood thinks. The Zionist Movie Industry is past its time. And if they wish to politicize entertainment, the American people are just going to turn them off, well, like last night. Multiculturalism is dead social movement walking. Dead in America, dead in the Netherlands, and soon to be dead in France. The last is very significant, since the French have historically been the most welcoming of other cultures. They provided a home to our own Josephine Baker. But the globalists have overreached, because frankly no one loves their own culture more than the French. And besides, when in Rome do as the Romans do or as the case may be, as the Parisians do. Assimilation was never broken it worked fine in the U.S. until liberals like Earl Warren and Franklin Delano Roosevelt came along to incarcerate Japanese Americans in concentration camps. But that sure posed a dilemma to argue you were fighting racism in Germany when you yourself was practicing it at Manzanar. And did the Jews protest such nonsense. No, as Ellen Eisenberg points out in her book, The First to Cry Down Injustice, the protests of Jews was more like a whisper. They went along to get along. And besides it was necessary to get the U.S. and FDR to intervene in Europe–to rescue who else? Why of course the Jews. Yes, this was their Middleman Minority to get what they wanted.
We are 20 trillion dollars in debt, and we are currently adding about a trillion dollars a year to that total. There is no possible way that Trump can cut taxes, increase military spending, build a border wall, spend much more on veterans and spend an extra trillion dollars on rebuilding our crumbling infrastructure.
We are flat broke as a nation and there simply is not money available to do everything that Donald Trump wants to do.–Michael Snyder, Feb. 27, 2017
For all you Amigos: Don’t worry about a border wall unless it is actually paid for by Mexico. I can’t imagine that happening, anymore than an insolvent country can build it. However, count your blessings if you were deported since the day of reckoning for the economy is fast approaching. From day one, the Skullcap Boyz knew what their lax monetary policies would wrought, i.e., rising residential and commercial real estate values. These values then eventually begin to squeeze the profitability of companies and even people to pay rents. The economy begins to slow as it has done in the restaurant industry from rising rents, and then spreads to the retail sector where we are seeing today mass closing of stores by the likes of J.C. Penny, Macy’s, and Sears. With soft retail sales manufactures discover they have too much labor and begin to layoff and downsize. All in all, this leads to lack of effective demand and manufacturers also begin to curb capital expenditures. The downward spiral does not stop until the excess capacity is extinguished, and the surplus army of unemployed drives down wages to subsistence levels. Only then can the economy begin to recover from historically lax monetary policies of the Federal Reserve that had led to overcapacity and underconsumption.
OLD HABITS DIE HARD
Hollywood choosing multiculturalism over genuine film making as best picture? Yes, let’s give someone their quota. Or how to masquerade identity politics as entertainment. The whole industry is a joke. My condolences to Damien Chazelle. You was robbed by the Skullcap Boyz! This academy vote looks just like the Democratic Party vote in Las Vegas. That is, stolen. My advice for film goers, the system is rigged. Ha ha ha ha. Next year Hollywood can salve its conscience by giving the award to a Mexican film. Frankly, however, I think the Mexicans should be just like the French, and fob off Hollywood political correctness and hold their own awards. Indeed why should their films be judged against the bias of Hollywood. Charlotte Rampling got it correct, best picture or actress isn’t about political correctness, but the finest art irregardless of the politics. Who knows perhaps Leni Riefenstahl will one day get her due, absent the bias of Jewish Hollywood.
“The CIA owns everyone of any significance in the major media.”–Bill Colby Former CIA Director
Well that would make the CIA and Operation Mockingbird = to the Zionist Fourth Estate. The ZFE being here representative of a Middleman Minority. An ethnic group to whom the American people’s anger will be directed to for some catastrophic event while providing a prophylactic to our dear intelligence agencies. So it becomes the press vs. the American people when it should be the CIA vs. the American people. But let us assume that the Germans after World War II infiltrated the CIA with the help of Fifth Columnists like Allen Dulles, and shaped its ideology like the endless enmity against Russia. Now it would be Germany vs. the American people which is not all that surprising since we denied Germany world hegemony . . . not once but twice. Which is to say the Germans never forget a military defeat. Allow me to provide an example for you. In 1410 at Tannenberg (now Grunwald Poland) the Teutonic Order lost a battle to the Slavs. Then in 1914 the Germans routed the Second Army of Russia under Alexander Samsonov in the opening days of World War I. The Germans were so pleased with this victory that they assembled many of the German officer corps in Tannenberg to celebrate the reversal of history. Well, that is like a 500 year memory. The Germans might forgive but they do not forget, and for myself, I do not even think they forgive. The officer corps is the repository of the nation’s history, and the Germans have never abandoned payback for the military defeats of both World War I and II. Remember one of the pithy sayings of Hermann Goering, “we (i.e., Nazis) never give up.” Indeed!