Monday, July 12, 2021

US hospitalizations for COVID-19 are up about 3,000 June 27-July 10, from 12.2k to 15.2k

Up 25% in 2 weeks, and 15% in less than a week.
 
Hospitalizations in the range of 12k lasted June 18-July 3, sixteen days, and soared over 2k just from July 4-9.
 
Preventing serious illness is supposed to be the benefit of the vaccines.  

Yet here we are, with 55% of the population having received at least one vaccine dose.
 



Sunday, July 11, 2021

In 2020 global debt to global GDP soared to 356%

Global debt finished 4Q at $281 trillion:  3.56x = $281 trillion, so x = $78.93 trillion global GDP.

US GDP in 2020 was $20.9 trillion, TCMDO was $83.49 trillion (almost 400%).

What could go wrong, right? You are fully invested in stonks, amirite?!

The problem is that the global corporate sector has been caught in the COVID-19 shock with unprecedented levels of financial leverage; global debt on non-financial corporations was $71 trillion at the end of 2018, representing 93% of global GDP.

 


 

 

Friday, July 9, 2021

LOL, Daily Beast columnist proves yet once again that the left just doesn't understand the true size of the 57 states of the union

 

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North Carolina forests are being clear cut to provide wood pellets for the European green energy sector


That doesn't make any sense!

From the story:

North Carolina has been “ground zero” for the wood pellet industry, said Danna Smith, co-founder and executive director of the environmental advocacy group Dogwood Alliance. One hundred and sixty-four acres of the state’s forests are cut down by the biomass industry every day, according to an analysis by Key-Log Economics.

LOL, it would seem that Mark Levin is now contesting just who it is who is inspired by Rush Limbaugh around here

American Crisis II: Mark Levin issues 1776-style ‘call for action’ :

Limbaugh did signal that Levin’s role was to rally the conservative base, as he does on his shows and through his books. “He signed something for me, which I'm really a little bashful to talk about, I haven’t said it to anybody,” said Levin. “It says, ‘To my dear friend Mark, the spirit of the movement. God bless you, Rush.’”

Wednesday, July 7, 2021

It is now common to blame the invention of the cotton gin, a labor-saving device, for the increase in the US slave population

Can anything good come out of Oregon?

This garbage from a Professor of Women, Gender, and Sexuality Studies, Oregon State University, is anti-white anti-capitalism rearing its ugly head, not "historical scholarship". It's what Oswald Spengler warned us about in 1934.

In the U.S., Baptists formed a national organization, the Triennial Convention, in 1814. Around the same time, attitudes of Baptists in the South toward the enslavement of Africans began to harden as the 1792 invention of the cotton gin, a machine that made it easier to separate the cotton fibers from their seeds, made enslavement more profitable. By the 1830s, abolitionism took firm hold among Northern Baptists, and both they and Baptists in the South argued they were upholding Scripture through their views on slavery.
 
Blaming the cotton gin for an increase of enslavement appears to be a new, and stupid, argument of the anti-white-anti-capitalist industry, advanced since about 2009, in tandem with the advent of the Obama era when hostility to capitalism began to become more widely racialized, along with everything else.
 
The claim, as per the Wikipedia article on the cotton gin, is that "The number of slaves rose in concert with the increase in cotton production, increasing from around 700,000 in 1790 to around 3.2 million in 1850".
 

 
 
 
 
 
 
But the cotton production figures cited don't match the population "production" facts:
 
"Cotton production expanded from 750,000 bales in 1830 to 2.85 million bales in 1850." You are led to believe with this sleight of hand that slave population was dramatically increased by 2.5 million (357%) to accomplish that 280% production increase in cotton.
 
That isn't the case.
 
From 1830 to 1850 slave population increased by 1.2 million, from 2 million to 3.2 million, or 60%, not 357% obviously. Automation meant fewer slaves were needed, not more. The increase in slave population over the period has nothing to do with the invention of the cotton gin. 
 
Importation of slaves to the US had been halted from 1808 by act of Congress. By 1850 fewer than 305,000 had been brought to America. Slave population increased in the US naturally through reproduction over the period, by 60%, in contrast with the free population which increased in the US by about 84% (from 10.85 million to 19.99 million) through both reproduction and immigration between 1830-1850.
 
You can't even make the argument that slaves were bred to serve, however aspirational that might have been for a very small minority of white race schemers of the plantation enterprise. The data shows whatever the intentions were, they didn't succeed, and slave population increased at a rate lower than the free population.
 
You could make the argument that the invention of the cotton gin enabled slave owners to get by much longer with fewer slave laborers*, some of whom enjoyed better working conditions as a result, thus perpetuating the economics of slavery in a situation where increased supply of that labor had been cut off, but that's not the argument they are making. They aren't smart enough to make it.
 
 
*Cotton production per slave increased from 188 pounds in 1830 to 445 pounds in 1850.

Monday, July 5, 2021

Two crappy law degrees, same long, dumb, dog-face

 

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LOL, on a lazy day after the holiday I tune in to the Clay and Buck Show for the first time and get a double dose of stupid in mere minutes

 OK, maybe it was the second time, but still.

LOL, Clay Travis cites Martin Luther King Jr. maintaining that homosexuality is a mental disorder like that was a bad thing

 The Clay and Buck Globohomo Show.

LOL, how does Clay Travis graduate from Vanderbilt Law and say "drug across the finish line" out loud in front of God and everybody?

Just now on the show which replaces Rush Limbaugh.

Joel Kotkin has come around, now calls it what it is: Global fascism

In 2018, Kotkin was still tip-toeing around the obvious, but not anymore:

Mussolini’s notion of fascism has become increasingly dominant in much of the world . . .

Mussolini, a one-time radical socialist, viewed himself as a “revolutionary” transforming society by turning the state into “the moving centre of economic life”. In Italy and, to a greater extent, Germany, fascism also brought with it, at least initially, an expanded highly populist welfare state much as we see today.

Mussolini’s idea of a an economy controlled from above, with generous benefits but dominated by large business interests, is gradually supplanting the old liberal capitalist model. ...

fascism — in its corporate sense — relies on concentrated economic power to achieve its essential and ideological goals. ...

China, in many aspects the model fascist state of our times, follows Il Duce’s model of cementing the corporate elite into the power structure. ...

But in the battle between the two emergent fascist systems, China possesses powerful advantages. Communist Party cadres at least offer more than a moralising agenda; they can point to the country’s massive reduction of extreme poverty and a huge growth in monthly wages, up almost five-fold since 2006. At a time when the middle class is shrinking in the West, China’s middle class increased enormously from 1980 to 2000, although its growth appears to have slowed in recent years.

Like Mussolini, who linked his regime to that of Ancient Rome, China’s rulers look to Han supremacy and the glories of China’s Imperial past. “The very purpose of the [Chinese Communist] Party in leading the people in revolution and development,” Xi Jinping told party cadres a decade ago, “is to make the people prosperous, the country strong, and [to] rejuvenate the Chinese nation.”

Kotkin recognizes at least that American right-wing libertarianism is part of the problem, not part of the solution:

the consolidation of oligarchic power is supported by massive lobbying operations and dispersals of cash, including to some Right-wing libertarians, who doggedly justify censorship and oligopoly on private property grounds.

Regrettably, however, Kotkin still does not connect this failure of the old liberal order in the West with the failure of the old moral order which gave it birth and on which it depended. This is because Kotkin still sees things in primarily materialistic terms.

Kotkin is oddly politically correct when he denounces possible recourse to nativism, which blinds him to the nativism which is at the heart of Chinese state capitalism and gives it much of its appeal and strength. He calls for "a re-awakening of the spirit of resistance to authority" in the West, not realizing that it was Protestantism which made that even possible in the first place.

The problem of the West is spiritual, and Catholicism will never be able to rise to the occasion of refounding it as long as globo-homo defines Rome. The whole idea is inimical to the notion of founding a nation "for our posterity".

Friday, July 2, 2021

America continues in decline, undershooting its potential by 13 million full-time jobs

Full-time employment in June 2021 in the US, not seasonally adjusted, was 48.7% of civilian noninstitutional population. The average level had been 50.4% in 2019, historically anemic. That's a deficit of 4.6 million full-time jobs in June 2021 compared with the 2019 average.
 
If you can imagine full-time employment at 53.6% of civilian noninstitutional population as in the year 2000, you are talking about 140 million with full-time jobs today instead of the actual 127 million. America continues in decline undershooting its potential by 13 million full-time.
 
Sad!

 
 
48.7% June 2021