GOP Exacting ‘Revenge’ in Virginia

Virginia’s new Republican AG, Jason Miyares, has just shut down the state’s “WOKE” LEGAL/SOCIAL JUSTICE AGENDA by FIRING the entire civil rights division.

Virginia voters, more concerned with CRIMINAL JUSTICE than SOCIAL JUSTICE, have, by electing a Republican administration, empowered THEIR GOVERNMENT to put an end to what they perceive as the state’s recent “decriminalization” efforts.

In other words, THEY OPPOSE GOING SOFT ON CRIME.

Democrats elsewhere should be PAYING ATTENTION as Virginia is as demographically typical a swing state as there is, and whatever’s playing there NOW may be coming to other PURPLE or even OUTRIGHT BLUE states SOON.

Middle class Americans — and even the poor — DO NOT WANT A CRIME WAVE IN THE NAME OF REDRESSING HISTORICAL SOCIAL GRIEVANCES.

Other than the PERPETUALLY AGRRIEVED, the MONETIZED RACE-BAITERS, the EMPATHY JUNKIES, and the WOKE INTELLIGENTSIA — NO ONE CARES ABOUT 1619.  It’s as dead as Pocahontas.

Yet, if Democrats don’t figure this out soon, they’re headed for a LONG WINTER OF GOP MINORITY RULE.

Make that MANY LONG WINTERS.

Norway Still Pumping Crude . . .

. . . and with NO END IN SIGHT

Hmm, what must GRETA be thinking? 

I mean, is Norway not the most CIVIL, EQUITABLE and USER-FRIENDLY country in the world?  Even more so than Canada and/or New Zealand?

Well, Norway’s NOT BANNING HYDROCARBONS, IS IT?  IT’S SELLING THEM.

From Tsvetana Paraskova via OilPrice.com:

Norway Rakes in Highest-Ever Oil Revenues as Prices Surge

The skinny:

  • “Norway’s petroleum revenues reached a record-high in 2021, thanks to rising commodity prices, growing global demand, and high production from 94 offshore fields, the Norwegian Petroleum Directorate (NPD) said on Thursday.”
  • “Last year, 20 discoveries were made on the shelf, five fields came on stream, and operators submitted eight development plans to the authorities. This year, dozens of development plans are expected to be submitted, the directorate said.”
  • Going forward, Norway will continue to develop its oil and gas industry under the new minority government led by Labour Party leader Jonas Gahr Stoere.”

Oh, and it’s a LABOR-LED GOVERNMENT pushing ahead.  Where are the so-called PROGRESSIVES?

While here in the US, there are groups trying to BAN the exportation of LNG to energy-starved, price-gouged Europe.  HOW EMPATHETIC!

BUT TO BE CLEAR, THE WORLD DOESN’T RUN ON EMPATHY.

NO, IT RUNS ON ENERGY!

It’s Not Just Horny Old White Guys . . .

. . . particularly ones who’ve been New York State AG’s and/or governors.  Although that’s quite a little club Spitzer, Schneiderman and Cuomo have going.

No, FRAUD is an EQUAL OPPORTUNITY gig and fraudsters a DIVERSE group, including many from so-called DISADVANTAGED or UNDERSERVED groups.

And no, the woman hasn’t been convicted of anything . . . YET . . . but if DOJ is after her, I suspect that there’s plenty of SMOKE.

“Baltimore City State’s Attorney Marilyn Mosby is in trouble again. A grand jury indicted her on Thursday for lying on mortgage applications when she used the excuse COVID-19 related hardships to withdraw tax-free funds from her retirement account to purchase vacation homes in Florida, according to local news . . .”

Pento: The View from the Precipice

A sobering forecast from the ALWAYS SOBER Michael Pento.

Fiscal and Monetary Cliffs Have Arrived

A few passages:

  • “According to Doug Ramsey of the Leuthold Group, 334 companies trading on the New York Stock Exchange recently hit a 52-week low, more than double the amount that marked new one-year highs. That’s happened only three other times in history — all of them occurring in December 1999.”
  • “Some might claim that the bubble in the stock market was much different in 2000 than it is today. They are correct. The overvaluation 22 years ago pales in comparison to today. With its record high P/S ratio of 3.5, as opposed to just 1.8 back in 2000. And the mind-numbing record high 210% TMC/GDP ratio, which is an incredible 68 percentage points ahead of where it ascended to 22 years ago.”
  • “We have already seen multiple pandemic-era federal aid programs expire last September, including the massive federal supplement to unemployment benefits. Now, with the Expanded Child Income tax credit having expired, which gave up to $300 per child under 6, and up to $250 per child ages 7 to 17 over the period from July to December, the fiscal challenges have become salient for many Americans.”
  • “When you factor in the massive fiscal and monetary cliffs together with the most overvalued stock market in history, you have the recipe for potential unprecedented stock market chaos, which should be front-end loaded in ‘22. If your retirement savings is with a deep state of Wall Street firm, you hold some mix of stocks and bonds that is set on autopilot. Their fate should be the same as the Hindenburg and Titanic.”

SOMETHING HAS TO GIVE SOON, AND, AS ALWAYS, IT WILL.

BUT WHO KNOWS?  THERE MAY STILL BE TIME TO HEDGE.  BUT ONE MUST MOVE QUICKLY.

Dresses You Don’t Wear

Even as the REAL WORLD ECONOMY faces financial, environmental and energy issues that could lead to CASCADING SYSTEM FAILURE, those in the DIGITAL SPACE continue their ABSURD QUEST for all things NOTIONALLY META.

Here then, from Michael Every at Rabobank, the latest DIGITAL APPARITION:  NFT MEETS THE EMPEROR’S NEW NON-WEARABLE COUTURE LINE:

Indeed, the best and brightest in the West are not even interested in the real economy anymore, let alone great-power politics: it’s the memes, not means, of production that count (to adapt Bruno Maçães’s clever pun), and it’s ‘meta’ that matters. For example, the luxury British department store Selfridges –just bought by Thailand’s Central Group, showing how power is shifting– will become the world’s first retailer to sell a range of dresses by legendary Spanish designer Paco Rabanne in digital form only: Rabanne’s dresses from his ‘unwearable’ collection of the 1960s are to be sold as non-fungible tokens (NFTs) from £2,000 to more than £100,000. Customers get a digital certificate of ownership for each outfit, but not the original item.” (my underscoring)

HAVE YOU PURCHASED YOUR FIRST BOTTLE OF DIGITIZED BOTTLED AIR YET?

No?  What are you waiting for?

Deconstructing Putin

Enlightening piece by Harald Malmgren who advised Kennedy, Johnson, Nixon and Ford.  And, of course, he’s warning us about Putin.  How CLEVER he is.

Here’s the heart of the piece as I read it.

Referring to Putin, Malmgren writes:

“We spoke on several occasions between meetings, and he arranged to sit next to me at a dinner, accompanied by his interpreter. At that dinner, he asked me: ‘What is the single most important obstacle between your Western businessmen and my fellow Russians in starting up business connections?

“Off the top of my head, I responded: ‘The absence of legally defined property rights — without those there is no basis for resolving disputes.

“’Ah yes,” he said, “‘in your system a dispute between businesses is resolved by attorneys paid by the hour representing each side, sometimes taking the dispute to the courts which normally takes months and accumulation of hourly attorney fees.

“’In Russia,” he continued, “’disputes are usually resolved by common sense. If a dispute is about very significant money or property, then the two sides would typically send representatives to a dinner. Everyone attending arriving would be armed. Facing the possibility of a bloody, fatal outcome both sides always find a mutually agreeable solution. Fear provides the catalyst for common sense.’”

COULD THE MAN BE ANY CLEARER?

Here’s the entire piece:

What the West Gets Wrong About Putin