A discussion on the problems with Free Trade.
Read My Lips: No new amnesties.
Meme that if you have the artistic ability.
And Trump strikes out with strike three:
- I wrote “Why Trump would Fail” and said I expected at least Obamacare to be repealed because the Republicans couldn’t be that stupid. I was wrong.
- Trump is sending troops to Afghanistan for some unknown reason and has alienated the anti-war (me) wing of his supporters.
- Trump is working on amnesty for 800,000 illegals, and doesn’t get anything in return of note. That’s 640,000 eventual dem voters in Texas, Florida, and Arizona, among other places.
- Bonus Strike 4 was raising the debt ceiling. I don’t totally blame him for that. We all know that the repubs would have caved, so Trump defanged the dems on their ploy. Repubs would have been beat up by the press, and after being totally shamed, they would have caved anyway. It is more a reflection on how screwed up a good chunk of the repubs are, and especially the leadership, than shading Trump. I have to throw them a bone on the Senate. With McCain, Lindsey Graham, and the 2 women Senators, kiss any real spending reform goodbye.
Go back and listen to my “Forward” podcast. I’m not surprised at this, though it is more complete than I imagined.
Why is Trump doing something so stupid? I can think of a few reasons:
- 4D Chess. I doubt it, but he will get dems and repubs in Trump states to vote for amnesty. This could help a lot during 2018 midterms assuming his base isn’t completely demoralized. Possible.
- He’s cutting a deal with the dems, likely with tax reform. He understands that the market is going to tank, likely in 2018, but definitely before 2020, and wants to help the economy. Likely.
- He truly wants to give these people residency and eventual citizenship. Also likely. Trump isn’t the Nazi the press makes him out to be.
Bottom line the USA is so far gone there is no way to get the reforms we need. With amnesty we’ll ratchet one more click to the Left and eventually lose Florida, Texas, and Arizona. The path to the third world hell hole is almost a certainty.
Most likely if you talked to your coworkers today gathered around the coffee pot, someone talked about Hurricane Harvey and Globull Warming. It’s a big fat lie, propagated by the gay stream media as part of their socialist Climate Change narrative. Here are the facts:
- Harvey was not that impressive. Supposedly a Cat 4 storm, it was likely a Cat 3. NOAA bumped it up most likely off a radar reading. To put it plainly, Texas experienced Cat 3 winds, and wind damage was minor. This is a big tell on the strength of the storm.
- Storm surge was minor. This is another tell.
- The Gulf of Mexico has normal temperatures. In fact Texas has experienced a relatively (by Texas standards) mild summer. It’s a typical Texas summer.
- The damage has come from flooding, and this is the part you need to understand.
- Park a hurricane, half over water, half over land, and leave it relatively stationary for 5 freaking days. Yes, the rainfall will be immense.
- Bottom line Harvey is the result of a blocking weather pattern that has kept it in the Houston area for 5 days. It has nothing to do with Globull Warming, it was a weather set up.
Now the impacts. I contacted someone in Houston and as far as he can tell the damage is concentrated around Buffalo Bayou. The rest of Houston is fine. He believes they’ll take the week off and downtown Houston will “restart” next week. He also thinks the refineries will restart soon. Though this is not to downplay the residential damage to homes along Buffalo Bayou — insurance companies are going to have to get out the check book in a big way.
As far as impacts on refining, he believes the area of concern is the Neches River corridor, east of Houston which stretches from Port Arthur up to Beaumont. This is also the greatest concentration of refining in the USA, though Houston is the second largest. He has no intel about any flood damage to those refineries but they are getting clobbered with rain.
Colonial pipeline is down, until you get over to Lake Charles and NOLA. The cause is the pipeline booster stations. Therefore there is reduced refined products heading all the way up to New York. Biggest impact will probably be Atlanta since it is land locked. This will be relieved next week as Houston refineries restart. There may be some longer impacts due to the Neches River corridor.
All in all the fuel disruption will not be catastrophic. You’ll see elevated fuel prices for a few weeks as the market allocates barrels away from India and Europe. Also, we still have high levels of refined products in storage. One concern is jet fuel, as some airports are connected to Colonial for “just-in-time” deliveries. Since Colonial still has supply from Lake Charles, NOLA, and Pasquagula, they can prioritize pipeline space to jet fuel. Shortages of gasoline and diesel can be alleviated by water born barrels.
At this point the economic impact will be short lived.
Episode 19: Foward A discussion on developing a positive mindset given the current political conditions.
I discuss how Trump has failed to date.
I am interviewed by Adrienne DePrisco on political violence.
A discussion on how the West has fallen.
In this episode I define what social credit is, and how it is a major threat to Catholics from the Left.
This idea has gone out of style and I haven’t read much about it lately, but it could save our economy. Very broadly you would eliminate all Federal taxes, including personal income tax, corporate tax, and payroll taxes, and replace them with a national sales tax on retail goods and services. Import duties, road tax, and mineral extraction taxes would remain. What differentiates the Fair Tax from a generic sales tax is you also pay a rebate. This is to protect the poor people.
Here’s a quick example. You would have a national sales tax of 20%. Let’s assume a poor family pays $10,000 a year in expenses. Therefore you would pay out a rebate of $2,000 to everyone over 18 years old.
This tax has many interesting features. A very important one is that if utopians were in power and wanted to hand out loot, they’d have to raise the tax on EVERYONE, so everyone would feel the pain. This is a big advantage.
US companies would be the big winners. They would not pay a penny in tax and would not need anymore tax accountants and tax lawyers. They would just run their business to produce a profit, and that is all you would worry about.
Imagine the advantage to US businesses over European businesses. The Euro’s would have to pay all sorts of taxes, and then whatever import duty we have. This would be a huge advantage for US based businesses, and in fact your would be insane to build a manufacturing plant anywhere but the US.
Foreigners would also pour their money in the US. The gains on investments would be tax free. So not only would their be a huge incentive to expand US production, jobs, and wages, there would be plenty of funds looking to invest.
And on a personal level, you would not fill out any tax forms ever again. You would pretty much break even (the middle class would actually come out ahead), as you would get a 14.7% raise from your payroll taxes, plus any income tax you now pay would go in your pockets. Of course this would be offset by the new sales tax, but it would be much easier to deal with.
Another big winner will be small businesses. If you run a small business your mouth is already watering. Imagine an environment where you no longer have monthly and quarterly IRS forms to fill out, and you don’t have to live in dread of the IRS coming to pick your pocket.
This tax change makes so much sense it doesn’t have a prayer of passing. Especially because the biggest loser of all would be lobbyists. Since there would be no income taxes, there would no longer be a need to hire lobbyists to create loopholes for big businesses to cut their taxes.
Still, check it out. Just google the FAIR tax and maybe talk to your congressman about it.
I want to say up front this is probably 10% true, but it is strange.
I wrote a full post on fracking, so if you are interested check out the May archive (May 10). To recap, I pointed out a major blunder on the frac hoax side. In short if you read any fracking article they always want to state the evil trinity of the frac fluid recipe: sand, water, and CHEMICALS. The obvious reason is to scare the public with the word chemicals. I pointed out they screwed up by including “sand”. The reason is because this shows the size of the fractures created, the width of a grain of sand. This is because the sand props open the fractures.
I wrote the same article on a forum about a year ago, and not soon after I read some fracking articles that stated “water and chemicals”, but left out the sand. Again, 90% chance it was a coincidence. So here it is a few weeks after my last article and what do I find in an AP story?
The energy industry uses hydraulic fracturing , or fracking , to extract oil and gas from rock by injecting high-pressure mixtures of water, sand or gravel and chemicals.
So probably a coincidence, but there’s a 10% chance someone who follows me posted the information on social media that has a larger audience and the fake news media felt a need to change their story. Don’t know. Anyhow gravel is never used for fracking. There’s no way to create a slurry with gravel, and the gravel would never pass through the perforations in your casing. The hoax media wants to spread the impression of larger cracks in the formation.
If you are on social media, start spreading this story. If you are on twitter (I’m not), how about starting #frackhoax.