19 thoughts on “From The “Things I’ve Learned About Politics In The Past Eight Years” File

  1. I have no good feel for the level of fear and anger in France, and I underestimated both in predicting the US and Brexit elections. A tip of the hat to the French if they prove to be the sensible ones in this cycle of elections.

  2. So the French have a “sensible” option?

    That’s an “interesting” perspective in and of itself.

  3. Both Britain and the US took the easy answer path recently. It’s a lot to ask of the French electorate to reject easy answers and opt instead for pragmatic but difficult reform.

  4. Powerline’s got a nice bit about the case for LaPen’s opponent, for what it’s worth. Evidently her populism includes a fair number of positions that might end up being disastrous for those she wants to help. Like last November here, no easy choices, IMO. (though I am pleasantly surprised by Trump so far, I must admit)

  5. Emery: You don’t have the slightest idea if Brexit is going to work out for the UK. The simple fact is, it’s a crappy political superstructure that had no hope of improvement, if they want out, big deal. There is going to be hell to pay by the members when the EMU bails out the Italian banks.

    On Trump, the country is sick of Leftist fascism, so now we are going to try the traditional kind. Trump is mother the of all political monkey wrenches. That’s as good as it gets now.

  6. Since the mainstream media is now mostly “fake news” that openly takes against Brexit and Trump, I have no idea if Le Pen will win or lose.
    If CNN or AP or NPR says Macron is ahead by 20 points in the polls, It may be that that they are simply lying and Le Pen is 20 points ahead of Macron. Other news outlets will pick up the lie and pass it on, so there is no way to cross-check the numbers.

  7. I have a suggestion. Follow @Shabbosgoy if you want a complete understanding of our new political system.

  8. Listen to recent interviews of Angelo M. Codevilla, too. This guy is a serious thinker. Tell me where he’s wrong. He isn’t.

  9. Wall Street is betting on and hoping for a Macron victory.

    Stuart Varney laid it out on Fox this morning. LePen would be a disaster.

  10. Polls suggest Le Pen can’t win against Macron in a second round of the French election. But polls, eh? ¯\_(ツ)_/¯

  11. Read this. Every word.

    “We’ve been persuaded that the state-cartel Plantation Economy is “capitalist,” but it isn’t. It’s a rentier skimming machine. Capitalism enables the accumulation of capital by anyone in a transparent market, and the capitalist state enforces a level playing field.

    There’s the get-to-work horn, people. Time to labor for the rentier skimming machine and its enforcer, the state, to pay your taxes, student loans, mortgages, and all your other neofeudal “obligations” to the state-cartel elites.” http://bit.ly/2pYEIYu

  12. QUOTE: Since the mainstream media is now mostly “fake news”…

    Reporters love centralized statism and “experts” because they can’t understand math or real economics. The love the PERSONALITIES (easier to write on) that commandeer the resources of the state and society. They can’t believe this crap doesn’t work. So they effectively spit out propaganda constantly.

    Money isn’t speech over my dead body.

  13. LePen is now promising a protectionist, statist, isolationist utopia that has never existed anywhere and never will. Hopefully the French people won’t fall for it.

  14. Emery Incognito on April 24, 2017 at 8:11 pm said:
    “LePen is now promising a protectionist, statist, isolationist utopia that has never existed anywhere and never will.”

    Spain, 1659-1808. Though it was far from a utopia 🙂
    The argument against isolationism usually considers the case of 17th & 18th century Spain, and China and Japan from Medieval times until the 19th century. In all of those cases, while time seemed to stand still in the affected countries, the rest of the world advanced.
    But, on the other hand, we have not seen open-borders globalism before the 1990s. Moderation in all things. If a little of a thing, like free trade, is good for a country, it does no always mean more is better.
    It was not pleasant to be a Chinese in colonized China. The first effect of the Meiji restoration was devastating war in Asia. After Napolean conquered and modernized Spain, it lost her empire and endured a century of chaos. And that was before Franco.

  15. You guys still don’t get it.

    Prior to central banking we lived under a slight deflation, almost simply because of increases in productivity.

    Central banks have been ***effectively*** easing like crazy (asset and CPI inflation) ever since they were invented. This grows centralized government structures (the EU was a good idea if they din’t overdo it like they did) because they can tax the crap out of fake wage and asset increases. It’s easy. Then people get stuff from the government. It’s a good way to “prosper” for many. They give you Social Security. They give you Medicare. None of it is ever fully funded. They plug the budget holes with debt that get’s inflated away. You have to buy a house with deflating debt , not rent, to protect yourself from this crap. Your property taxes keep going up, but you don’t live any better for it. Debt based “growth”. None of this is ***really*** productive. This isn’t saving, investing, and risking for better productivity and living standards in the future. It also empowers finance—too much–so they SECURITIZE ***SHELTER ***—-> 2008 KABOOM! Excess finance is just fake growth.

    The problem now is, technology and globalized labor (NAFTA, China) is brutally deflationary on wages, BUT THE SYSTEM REQUIRES WAGE INFLATION. for taxes and the phony debt based ‘growth” central banks created the last 100 years. So we just get asset bubbles and low GDP. And mega SOCIOLOGICAL PROBLEMS. Youth unemployment and men not having decent jobs so they can procreate, develop, and support FICA tax slaves for Medicare is the destruction of generations human capital–pure and simple.

    Voting just makes it worse. Demagoguing government forced compensation schemes #FightFor15 #PaidFamilyLeave #ForcedSickLeave etc. is completely nuts right now, but it creates political power.

    So we import Somalians and Mexicans to get the GDP up to pay for Medicare. There is a limit to this stuff, obviously. (It would actually work well under a libertarian economy, including the sociology.)

    So they want Bernie. And Trump. And Le Pen. And Richard Spencer.

    What we need is for the statists to very slowly take their g d thumbs off of everything very slowly and carefully. Deflationary growth (yes we have grown under deflation before, it’s the only natural way for man to live) They won’t of course.

    The way the world ought to look right now is, much higher interest rates, mostly declining wages, and a much, much lower cost of living (or better value for stuff we have buy like education and health insurance). Saving, investing, and delaying gratification pays for the average person. Pension systems would be fully funded. Most will live very well like this in the face of globalization and technology. If you think I’m wrong, get David Stockman’s; book.

    The government breaks when the ten year bond hits 4%. Human needs can’t be met by government at this interest rate, but these low interest rates keep misallocating capital —> low GDP —> the government will break at some point.

    Central banks will keep pushing on everything until the bond market collapses, or the CPI gets out of control. Romney in 2008 or 2012 was the last chance to fix this. We are going to get a Ron Paul world the hard way.

  16. The fallacy is believing French voters are as gullible as Americans. They express their emotions in the first round, then in the second they decide reasonably which of the two remaining candidates they want running their country for five years. They are not going to sacrifice their republic on some unrealistic “principle” and they are not as susceptible to outright lies. 

    That Macron is against Europe by no means indicates his supporters will move to the fascist now. France has never elected a fascist and is not about to. Note that participation was 76%. If that percentage of Americans voted no Republican would ever be elected President.

  17. Yes, French voters aren’t as gullible as Americans, which explains why they’ve actually elected socialists to lead their government.

    Not tracking with ya, Emery, for that obvious reason.

  18. To track with SFB eTASS you would have to stoop to his level. Not recommended for sanity-minded.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.