Former Black Panther Destroys John Lewis

Former member of the radical`60’s era Black Panthers, Mason Weaver, went on Tucker Carlson’s Fox News show last night to discuss civil rights icon John Lewis and Lewis’s feud with Donald Trump.

In a rather stunning exposé, Weaver completely dismantles Lewis’s argument that Trump is somehow illegitimate. Rather, Weaver insists that it is Lewis and the other phony social justice warriors who are illegitimate and are the ones to blame for all the problems of the black community.

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Podcast – A Look Back at the Obama Years

In this historic podcast – historic in that it is the final podcast of the Obama presidency – we take a stroll down memory lane with the Fiscal Times. They recall how fabulous Obama was and that, and I quote, there were “no major scandals” during his eight years.

Oh really – not one. The folks at the Fiscal Times must have severe memory loss, because it took me all of about 15 minutes to come up with a list of a couple of dozen scandals involving Obama and his minions.

Let’s take a jog down memory lane, shall we.

I also briefly touch upon Obama’s wild shift on Cuban immigration – probably because most of them vote Republican. read more

$22 Million – The Cost of Policing Loony Protesters

Protests against the Dakota Access Pipeline continue, but you’d never know about the cost for policing those protests after watching some news coverage.

According to January 9 figures from the Morton County (North Dakota) Sheriff’s Department, state and local response to pipeline protests has cost $22.3 million thus far. But Media Research Center and its Newsbusters division says the broadcast evening news shows paid no attention to that on January 10. read more

Our Government Can’t Tell Us We’re Broke

from IBD:

Question: What do you call it when a major organization’s financial statements are so deceptive and badly kept that even its auditor refuses to render an opinion? Answer: The federal government.

That’s right, the U.S. Government Accountability Office (GAO), the federal government’s accountant, refused to hand down an opinion of the federal government’s financial statements for 2016 “due to deficiencies that have plagued prior financial statements — persistent financial management problems at the Department of Defense (DOD), the government’s inability to account for and reconcile certain transactions, an ineffective process for preparing the consolidated financial statements, and significant uncertainties.”

No question that, just like Enron, if this happened in the private sector, the executives in charge would either be fired or tried for fraud, and the shareholders would suffer major losses. But U.S. taxpayers pay little attention to the problem since they don’t know how bad it really is. And the sad thing is, no one does. read more

Already Broke Cities and States Pour Money into Illegal Immigrant Defense Funds

by: the Common Constitutionalist

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The Electoral College drama has ended and Donald Trump is the next president of the United States. Turns out it was much ado about nothing, as there were few surprises. Now it’s on to the implementation of his agenda, and whether his actions will match his campaign and post-election rhetoric.

Front and center of his agenda items will, or should be what brought him to the dance in the first place. I’m speaking of course of illegal immigration. He must build the wall, which he says construction will commence in March, 2017. The other issue will be to begin deportation of illegals.

Although he will get pushback over construction of the wall, it won’t be nearly as virulent as the deportation issue. After all, we get can’t really put a face to the wall, which liberal groups will surely do regarding deportation. The Trump administration had better be prepared for a fight, as cities and states across the country are already preparing what they are calling, “Immigration Defense Funds.”

Cities like Los Angeles, San Francisco and Chicago, as well as the States of California and New York intend to flood these “funds” with tens of millions of dollars – money which none of them have. read more

Look for Honest Economic Reporting to Begin Again

by: the Common Constitutionalist

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2017 will prove to be a very interesting year. Oh sure, Trump’s first 100 days will be chock full of excitement, controversy and consternation. But we should also look forward to, or be prepared for reports from the left on a whole host of issues that have gone unreported or misreported for eight long years.

All of the sudden we should begin to see some honest reporting, now that they will no longer need to shield the public from the folly which has been the Obama presidency and the Obama economy.

Isn’t it funny that Janet Yellen and the Federal Open Market Committee (FOMC) have decided now to begin raising interest rates. In the eight years of the booming Obama economic recovery, this is only the second interest hike. The first was a year ago, almost to the day, and that was the first since 2006. And one could easily argue that this last hike of 0.25% is barely on Obama’s watch, as it will have no effect on his presidency.

But they had no where else to go but up. Not that I’m a fan of rate hikes, but prior to last years pitiful 0.25% hike, the Fed’s interest rate had been at 0.0% for the previous seven years, when the FOMC knocked it down to zero in December 2008. read more

New $10K Home

Mrs. Fan's Plugin House cost the equivalent of around US$10,000, which PAO says is 30 times...
Mrs. Fan’s Plugin House cost the equivalent of around US$10,000, which PAO says is 30 times cheaper than a typical Beijing apartment(Credit: People’s Architecture Office)

Building space is increasingly at a premium in central Beijing and even cramped apartments can fetch a small fortune, but China’s People’s Architecture Office (PAO) recently completed a new home for a first-time buyer for just US $10,000. read more

Is the Trump Deal with Carrier a Good Thing

by: the Common Constitutionalist

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“The holidays came early this year for workers at a Carrier furnace plant in Indiana, who learned on Tuesday that 800 of their jobs would not be moving to Mexico after all,” wrote the New York Times.

Trump and VP-elect Mike Pence, who is still governor of Indiana, “cut a deal with Carrier, a division of United Technologies, to keep the jobs in the state.”

Although the deal has been widely publicized, the specific terms have not, beyond claiming that, “the State of Indiana has reportedly offered the company $7 million in tax breaks over 10 years to keep the jobs in the state.”

It’s interesting that, so far, no one on the right appears to be curious about the details of the meeting or the deal – just that Trump saved 800 or so American jobs, while those on the left, like the New York Times, are too busy trying to convince us that the jobs were saved by government.

Those on the right are correct. Without the Trump/Pence intervention, these 800 jobs would be lost. However, as much as it pains me to say that the New York Times is also correct, they write, “In making the deal, Mr. Trump and Mr. Pence have embraced the idea that the government does indeed have a role to play in the free market.” read more

Cashless Command and Control is Coming

by: the Common Constitutionalist

We’ve all seen them – futuristic movies where the World, nay, the Galaxy, runs only on transfers of electronic currency. In the Marvel movie, Guardians of the Galaxy, the transfer of “Credits” was commonplace.

In the 1986 film, Star Trek IV, The Voyage Home – Captain Kirk, Spock and others, travel back in time to 20th century San Francisco. When confronted by the local hero in the movie about their lack of funds, she says, “I suppose you don’t use money in the future,” to which Kirk shrugs and says they do not.

For most, back in the `80s, not using cash was unthinkable. Now, a mere 30 years later, it is fast becoming reality.

Progressive European nations like Sweden, Denmark and Norway are already well on their way to totally cashless economies. Today, four out of every five transactions in Sweden are electronic.

The nation of India has begun demonetizing cash, beginning with the popular, Rs 500 ($7.5) and Rs 1,000 ($15) bills. Prime Minister Narendra Modi announced last Tuesday, an effort to fight corruption by invalidating these most widely circulated currency bills in the country. In place of cash, banks in India have so far issued 25.9 million credit cards and 697.2 million debit cards.

Yesterday, Zero Hedge reported  that on November 16, “banking giant UBS proposed that eliminating Australia’s $100 and $50 bills would be “good for the economy and good for the banks.” read more

Milton Friedman on The Great Depression

I recently discovered a little known video I thought might be instructive. The great free-market economist, Milton Friedman gives a short speech on what really caused America’s Great Depression. Even today, with all the history to look back on, most Americans believe the Great Depression was caused by private sector over-excesses during the Roaring `20s. Friedman sets the record straight like few can.  read more