Trump’s state capitalism comes to the oil industry with his unprecedented Venezuela deal
Showing posts with label Fascism. Show all posts
Showing posts with label Fascism. Show all posts
Saturday, September 5, 2026
Friday, July 10, 2026
In the Michigan U.S. Senate race, progressive Abdul El-Sayed is only half the fascist you think he is, says he's for only 50% public ownership of AI, not 100% lol
O.M.G.
AI, data center fears could be key in closely watched Michigan Democratic Senate primary
... earlier this month, he unveiled a multi-pronged policy to rein-in AI that includes public ownership of the technology, an AI dividend paid to the public, mandatory divestiture of AI developers from major tech companies and a new tax on AI automation.
... McMorrow and other critics have questioned the feasibility of El-Sayed’s proposal, which in addition to 50% public ownership and direct payments to Americans includes expanded unemployment benefits and the establishment of a Food and Drug Administration-style safety testing agency within the federal government to test emerging AI technology.
... El-Sayed brushed off those claims. The farther left plan would be complete ownership, rather than the 50% he is proposing, he countered. ...
Thursday, July 9, 2026
Harold Meyerson: Late-stage American capitalism is the father of the fascist Chinese Party-State
Except Meyerson can't bring himself to use the word fascist, let alone Party-State.
"State capitalist power" is his polite euphemism for fascist power, which leftists who want to be taken seriously still must use apparently, ever since George Orwell said in 1944 that fascism had become a meaningless term, you know, like the words man and woman.
He stops short, too, of saying that there is something suicidal built into the West.
The conservative Oswald Spengler identified that something as Christian theology. He said it was the grandmother of Bolshevism, which is probably why Meyerson doesn't mention it! Don't wanna upset the fascists, the Christians, AND the true believers all at the same time.
But the fact remains that the heirs of Christianity in America have sold the rope to the Chicoms which they will use to hang our children after they are finished impoverishing them.
Meanwhile Utopia still exists for Meyerson, in Norway, Sweden, Finland, and Denmark, cold, wet, snowy, and dark NATO nations which rely on the American nuclear umbrella for their security.
... there is no such communist power [like the USSR] today.
There’s China, a Leninist-verging-on-tech-infused-Stalinist state capitalist power, but it boasts no virtually ideological adherents either in the States or abroad, and certainly not within the Democratic Socialists of America. It does have spies, and thugs who intimidate dissidents in the Chinese diaspora, but it lacks any support within the actual American left. To be sure, China’s rise to economic world power was fueled by offshoring American companies, but they went to China at the prompting of Wall Street as a way to boost their profit margins, Chinese labor then being dirt cheap. In other words, it was our leading capitalists, rather than any American socialists or communists, who sold out the industrial Midwest. ...
Tuesday, June 16, 2026
Tuesday, June 2, 2026
Joel Kotkin took a vacation to Italy to find fascism and found conservatism instead
In today’s Italy, some outlets like The Guardian
label the present government of Giorgia Meloni as the doyenne of what
it describes as “neo-fascism.” They see in her politics a savvy,
gradualist way to restore the Mussolini-era patriarchy and strong,
controlling state.
Although her party has its roots in a political descendant of the fascist regime, there is little evidence of what historian Simonetta Falasca-Zamboni has
described as “fascist spectacle.” There are few Meloni posters, much
less statues in Rome or elsewhere. She does not hold the kind of massive
show-of-strength rallies that Mussolini and Hitler specialized in.
Unlike Mussolini, she has no cadre of violent “Blackshirts” to impose
the party’s will.
Meloni’s governing philosophy, instead, is traditionalist and conservative. Like others in the European “far right,” she is protective of the vast Italian welfare state and not willing to rock the boat of what is, whatever its political coloration, a profoundly conservative country. Leftists do not fear criticism of her will land them in jail. Actually, the rising censorship in Britain and the EU is applied to those who challenge progressive assumptions. When Meloni’s proposed judicial reform was voted down, Meloni dutifully accepted the results. “She’s basically a Christian Democrat,” Rome-based economist Veronica De Romanis told me. “Stability is her main goal.” ...
Monday, May 18, 2026
Mein Führer . . . I CAN WALK !!
Elon Musk compares his company’s work to that of Jesus
... “It has enabled people who have completely lost their brain-body connection to speak again … and we believe it will enable people to walk again,” Musk said of Neuralink’s brain-computer interface, or BCI, technologies.
... “Restoring control of people who are tetraplegics and restoring sight I think are pretty big deals,” Musk said on Monday at the conference, adding: “They’re sort of what I might call Jesus-level technologies.” ...
Friday, February 13, 2026
The U.S. state capitalist EV boondoggle comes to an end, shape-shifting automakers take well-deserved $50 billion hit
... Following years of investments into EV technology, the Detroit Big Three ... have announced more than $50 billion in combined write-downs.
EV sales fell more than 30% in the fourth quarter, after a $7,500 federal tax credit that had juiced U.S. sales expired in September. ...
Automakers’ retreats and massive write-downs have come as Republican lawmakers abolished a lucrative federal tax credit for EVs last fall, while also doing away with federal fuel-efficiency mandates. Even with federal support, EV demand was below expectations. ...
Sunday, February 8, 2026
Trump's corrupt state capitalism, but I repeat myself, is anti-American, anti-competitive, and advances long-standing Democrat objectives, which is one reason big business is keeping its big yap shut
When the Democrats can't get what they want, a Republican chump comes along who does it for them.
The power of existing businesses will only get stronger thanks to Trump, so mum's the word.
The Trump administration’s portfolio of equity stakes in U.S. companies has reached a scale that is unprecedented outside economic crisis or wartime....
“It is a invisible barrier to startups and new market entrants,” said Scott Lincicome, an international trade lawyer affiliated with Cato Institute. “Why would you ever want to enter a market that you know your chief competitor is backed by the U.S. government?”...
The Trump administration’s approach is a major ideological departure for the Republican Party, which has traditionally championed free market capitalism and excoriated government intervention. The Democrats have typically been the party of industrial policy and intervention in markets.
Sen. Bernie Sanders and Sen. Elizabeth Warren, for example, introduced an amendment to Biden’s CHIPS Act that would have allowed the government to take stakes in companies that accept federal funding for semiconductor manufacturing. The measure ultimately died in the Senate....
Top executives have voiced virtually no public criticism of the Trump administration taking stakes....
Before the U.S. took its stake in Intel, Trump said CEO Lip-Bu Tan was “highly conflicted” and called for his resignation over his ties to Chinese companies. The comments sparked a brief sell-off of Intel shares....
Trump bought 433.3 million shares of Intel in August 2025 at $20.47, about $3 off its recent lows around $17.66, risking taxpayer money, not his own.
America's bailouts of banks and then businesses in past crises have paved the way for Trump's full-blown state capitalist interventions in the private sector, buying company stocks with the people's money, making loans, and taking direct control
Trump is turning America into China, but all America cares about today is the Super Bowl.
The Trump administration has made unprecedented equity investments and obtained other stakes in at least 10 companies over the past year. ...
In the past, the U.S. has taken temporary stakes in companies in the context of bailouts, said Peter Harrell, who served as the senior director for international economics under President Joe Biden.
“With these companies, it’s a very different thesis,” Harrell said. “The government is kind of acting as a strategic investor to put capital into these companies so that these companies can achieve both a commercial return but also, at least in theory, some kind [of] national purpose.” ...
Thursday, January 29, 2026
Sunday, January 25, 2026
Auron Macintyre, inspired by Curtis Yarvin, is an apologist for America's slouch into open fascism, for Chinamerica, for state capitalism, for totalitarianism
He feigns unhappiness with this, but succumbs in the end to the is-is-ought fallacy.
He is platformed in the media owned by Glenn Beck, and on Substack bankrolled by Marc Andreessen and Benjamin Abraham Horowitz.
If you like what's happening in Minneapolis, he's your guy.
Tuesday, November 11, 2025
Tuesday, October 28, 2025
Tyrant Trump wants the American military in our streets just like the PLA is in China, in violation of the Posse Comitatus Act which prohibits the use of federal troops to enforce domestic law
Maybe that all-volunteer-army idea wasn't such a great one after all.
A "large standing Army in time of Peace hath ever been considered dangerous to the liberties of a Country". -- George Washington
The "means of defense against foreign danger have been always the instruments of tyranny at home". -- James Madison
"When once a standing army is established in any country, the people lose their liberty". -- George Mason
Trump Says He Is Prepared to Send ‘More Than the National Guard’ Into U.S. Cities
... “We have cities that are troubled, we can’t have cities that are troubled,” Mr. Trump said. “And we’re sending in our National Guard, and if we need more than the National Guard, we’ll send more than the National Guard, because we’re going to have safe cities.” ...
The president delivered his speech on the U.S.S. George Washington, an aircraft carrier docked south of Tokyo, at an American military base in Japan that was set up in the aftermath of World War II. It was an unsubtle show of force as Mr. Trump prepares to meet China’s top leader, Xi Jinping, this week, for talks that hold great stakes for the global economy. ...
Thursday, October 16, 2025
Treasury Secretary Bessent says we have to stop the rigged Chicom economy by abandoning free market principles just like them
Trump administration will set price floors across range of industries to combat China, Bessent says
... “When you are facing a nonmarket economy like China, then you have to exercise industrial policy,” Bessent told Sara Eisen at CNBC’s Invest in America Forum in Washington, D.C.
“So we’re going to set price floors and the forward buying to make sure that this doesn’t happen again and we’re going to do it across a range of industries,” the Treasury secretary said, without naming specific industries the administration was looking at beyond rare earths. ...
“I wouldn’t be surprised,” the Treasury secretary said when asked about additional equity stakes. “When we get an announcement like this week with China on the rare earths, you realize we have to be self-sufficient, or we have to be sufficient with our allies.”
The Trump administration will not take stakes in nonstrategic industries, Bessent said. “We do have to be very careful not to overreach,” he said. ...
Tuesday, October 14, 2025
Saturday, September 20, 2025
This is risible propaganda posing as news from The Hill, which is the same Nexstar which pulled Kimmel's show
Is DePauw University also a subsidiary of Nexstar?
And how much was this guy paid to write this?
Kimmel's Ratings in Steep Decline, ABC Looked for Way Out
Wednesday, September 17, 2025
They're painting the left as terrorists for a reason, but they don't have the courage to name them . . . yet
Designated terror organizations can be legally attacked using the US military. They'll do the designating, and then they'll do the attacking.
That's why they are doing this.
That's why they are fascists.
Stop Left-Wing Terror Networks and Their Funding
Sunday, September 7, 2025
Monday, September 1, 2025
Irwin Stelzer: Trump has substituted state capitalism for market capitalism
Trump sees off the free-market capitalism that enriched America
... In short, the extent of presidential control of the economy has not been seen since the end of the Second World War. Trump has added to his influence over macroeconomic policy by levying tariffs, another name for taxes. He is in the process of gaining control of monetary policy by packing the Fed board and firing an existing board member for alleged mortgage fraud, no trial necessary.
Fed independence, done and dusted, control of the macroeconomy complete, he is turning his attention to the independent players that make up the microeconomic economy. With sycophants in seats once occupied by powerful advisers and the opposition Democrats in disarray, effective resistance to Trump’s power push is negligible. ...
Now, as president, he is favouring visitors with baseball caps emblazoned “Trump in 2028”.
Friday, August 22, 2025
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