TheFrontPageCover
~ Featuring ~
A Second Dose of commie-Sanders's
Socialist Snake Oil
Nate Jackson
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Democrats are Officially the Party of Derangement
By Lauri B. Regan
{ americanthinker.com } ~ It has been quite a week for the Democrat Party. Actually, it has been quite a decade. It began when, just seven years after Islamic extremists executed the worst attack on U.S. soil killing almost 3,000 Americans... destroying the World Trade Center, and bringing America briefly to its knees, the country elected Barack Hussein scumbag/liar-nObama as President. scumbag/liar-nObama had no executive experience but he was a community organizer and he managed to pull the wool over the eyes of the majority of the electorate – twice. That this man, who promised to transform the country – as if the greatest civilization in the history of mankind needed transformation – was selected to lead the Democrat Party was astonishing to those of us concerned about the future in which our children and grandchildren would be raised. His reach was far and wide both domestically and internationally. Healthcare, education, separation of powers, federal courts at all levels, the Mideast, relationships with allies and enemies, and elevating Iran from terrorist-sponsor and Islamist pariah to international acceptance and regional hegemon were just a few of his “accomplishments.” A generation of Democrats openly seeking totalitarian socialism is now, however, his legacy. scumbag/liar-nObama began by dividing the country. He advanced acrimonious narratives such as those awful Americans “clinging to guns and religion” which scumbag/liar-Hillary then adapted to the “deplorables”, advising his base to bring “a gun to a knife fight.” Liberal America ate this up as if it were perfectly acceptable behavior to treat one’s fellow citizens as enemies despite the fact that the country already had plenty of real ones to contend with, against whom they should have been united in fighting. No matter; he pitted blacks against whites, rich against poor, Democrats against Republicans. Rather than condemn this discordant language, Democrats chose to embrace it. College campuses, replete with intolerant liberals, are governed by administrators installing safe spaces for their snowflakes and protecting, if not instigating, the violence of the crazy leftist student body and faculty seeking to shut down diverse points of view. Governors, mayors and town boards tear down historic monuments they find offensive in the hopes of whitewashing our history. These same politicians, suffering from Trump Derangement Syndrome, institute Sanctuary City laws protecting illegal criminals from federal prosecution and deportation notwithstanding its flagrant disregard for our Constitution and the safety of their citizens... https://www.americanthinker.com/articles/2019/07/democrats_are_officially_the_party_of_derangement.html .
Palestinians: "Hamas Is Not Afraid of Elections"
By Khaled Abu Toameh
{ gatestoneinstitute.org } ~ Palestinian Authority President Mahmoud Abbas says that he is ready to hold long-overdue presidential and parliamentary elections... and has even instructed the Palestinian Central Elections Commission to start preparing for the vote. Abbas seems to be taking quite a gamble. There is a real possibility that his rivals in Hamas will manage to push him off the presidential throne he has been occupying so persistently for the past fourteen years. Hamas leaders have responded by welcoming the initiative to hold new elections. The leaders say they are not afraid of elections: they are confident that their movement will win. Hamas leaders are clearly hoping that if and when new elections are held, they would facilitate its takeover of the Palestinian Authority (PA) presidency and the Palestinian Legislative Council. New elections are certain to result in the creation of another Hamas-controlled entity in the West Bank. The Palestinians would end up with two Hamas-run mini-states, one in the West Bank and one in the Gaza Strip. The last Palestinian parliamentary election, held on January 2006, resulted in a Hamas victory. Hamas officials, who contested the vote under a list called Change and Reform, won 74 of the 132 seats. The Hamas victory came as a severe blow to Abbas's ruling Fatah faction, whose representatives won only 45 seats. Eighteen months later, Hamas violently seized control of the Gaza Strip after overthrowing the Fatah-dominated Palestinian Authority. Since then, the Palestinian Legislative Council has been effectively paralyzed, leaving the Palestinian Authority without parliamentary supervision. The last Palestinian presidential election was held in January 2005, when Abbas was elected to succeed Yasser Arafat. Since then, Palestinians have been deprived of electing a new president due to the continued power struggle between Fatah in the West Bank and Hamas in the Gaza Strip. The 83-year-old Abbas is now in the 14th year of his four-year-term in office. Many Palestinians stopped relating to him as a legitimate and rightful leader after his term in office expired in January 2009. Abbas is now embarking on a risky move by expressing his readiness to hold new parliamentary and presidential elections....
Trouble Ahead for the Global Economy
By Desmond Lachman
{ insidesources.com } ~ It is not often that global bond markets and global stock markets simultaneously hold as divergent a view as they do today as to the world economic outlook... While global bond markets, along with the world’s central banks, are now signaling that real trouble might lie ahead for the United States and global economies, stock markets are partying like there were no tomorrow. Considering that the bond markets are generally very much more accurate economic forecasters than is the stock market, equity investors should be asking themselves what the bond markets might be seeing that they are missing. A clear sign that global bond markets are increasingly concerned about the world economic outlook is that a record $13 trillion of foreign government bonds now offer negative interest rates. A clear indication that bond markets are worried about the possibility of a U.S. economic recession is that U.S. long-term interest rates are significantly below short-term interest rates. This so-called yield curve inversion has in the past consistently proved to be a highly reliable indicator of an impending recession. Evidently the world’s central banks share the bond market’s gloomy economic outlook. No longer is the Federal Reserve talking about raising interest rates but rather it is contemplating when to start cutting rates. Meanwhile the European Central Bank is now raising the possibility that it will soon resume its aggressive bond-buying program to stimulate a weakening European economy. To be sure, bond markets and the world’s central banks are generally sensitive to economic and political risks. However, what seems to have them now on high alert is that this time around there are an unusually large number of such risks that have as high chance of materializing. Furthermore, they worry that it if those risks do materialize they would have the potential to destabilize both the U.S. and the global economies. Among the more immediate of these risks is that the United Kingdom, the world’s fifth-largest economy, could crash out of the Euro without a deal. Both the Bank of England and the International Monetary Fund are warning that such an occurrence would most probably result in a 5 percent decline in the U.K. economy in the year immediately after its European exit. This would be bound to have significant spillover effects to a European economy that is already on the cusp of a recession... https://www.insidesources.com/trouble-ahead-for-the-global-economy/?mkt_tok=eyJpIjoiTXpneE9EUTVZbVUyTTJWaiIsInQiOiJiTlVZMVwvMmNraU03UzZEZ0JxYzlvQm1BMG56WXVUbVlwM0xYeWZNejRQa1NsK1FLUjRXek5OZXd2UitWeklJV2J2STVHZlBIWEx3VHNzVGlJbzJQZEx0cWpPMG1LeURTQnNXYU1LNmNoRlFUZytQQjBKYnV6cXJzVGZyWXZsWFwvIn0%3D .
Manhattan Chick-fil-A Vandalized
During Pride Event
By Virgina Kruta
{ dailycaller.com } ~ A Manhattan Chick-fil-A was vandalized during Sunday’s Pride parade, according to photos provided to the Daily Caller... The photos, taken of the Chick-fil-A location on 46th Street in Manhattan, show the words “F**k haters” scrawled across the windows and an “X” in red duct tape bearing the same words. There was also a small sign reading “LOVE is a terrible thing to waste” propped against the door. Sunday, June 30, marked the end of Pride month, which culminated in the massive World Pride Parade through lower Manhattan. Chick-fil-A has often been the target of LGBTQ activists who claim that the chain restaurant is “anti-gay” because the owners, who are Christians, support organizations that recognize marriage as a union between a man and a woman. I stand with Chick-fil-A..
Disentangling the Renewable Energy Scam
By Norman Rogers
{ americanthinker.com } ~ The solar energy industry is telling its pals in Congress that it is willing the lose most of its subsidies... The current subsidy for solar is 30% of the construction cost. To that subsidy, an additional 10% subsidy is available due to special fast depreciation for solar energy plants. The 30% subsidy is scheduled to ramp down to 10% by 2022 and thereafter remain at 10%. This is not a consequence of declining costs of solar that makes the industry no longer in need of such a large subsidy. Solar electricity is a mature industry, and cost declines are moderate. The real reason the solar people are happy with a lower subsidy is that the 30% investment tax credit (ITC) is not their most important subsidy. The real subsidy is more complicated and better hidden. The real subsidy is rooted in renewable portfolio requirements in about 30 states. These states require that a certain percentage of electricity come from renewable sources. The quota ramps over time. For example it might ramp from 20% now to 50% by 2030. These quotas create a chain of events that guarantee solar and wind energy a market for years to come with a guaranteed profit. If that is not enough, the industry is trying to freeze the quotas into state constitutions so as to make it difficult for the electricity consumers to get out of the trap that has been set for them. Renewable energy has been defined in an illogical way so as to favor solar and wind. The ostensible motive for increasing renewable energy is to lower carbon dioxide (CO2) emissions and thus avoid a supposed global warming catastrophe. But hydro and nuclear are prohibited from being used to meet the renewable energy quota, even though they don't emit CO2. Electricity is responsible for 28% of U.S. CO2 emissions. The rest is from transportation, heating, and industrial processes. Yet the emphasis on reducing CO2 is focused on the electricity sector. The U.S. is responsible for 14% of world CO2 emissions, and our electricity generation creates less than 4% of world emissions. All the effort being put into U.S. renewable electricity will have no important effect on global warming, assuming that global warming is even real. The real source of CO2 emissions is China and India among others. I will explain how renewable energy quotas subsidize solar. The argument for wind is similar but different in various details. To see how big the subsidy is, I will compare an imaginary, unsubsidized solar electricity business with the existing situation, propped up by subsidies and quotas....
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A Second Dose of commie-Sanders's
Socialist Snake Oil
Nate Jackson: The day before commie-Bernie Sanders appeared on stage for Demo Debate 2, he wrote a Wall Street Journal op-ed expanding on his socialist snake oil sales pitch. It was timed to provide him a platform during the debate to riff on the “virtues” of socialism, while slamming what he calls President Donald Trump’s “corporate socialism.”
What does that mean?
Well, commie-Bernie explains, fossil-fuel companies, pharmaceutical companies, big-box retailers like Amazon and Walmart, Wall Street banks, and others in “the billionaire class” all get subsides and tax breaks. On the other hand, American workers, consumers, and patients “get the free market,” which commie-Sanders says leads to “higher electric bills,” “an eviction notice,” “foreclosure,” “starvation wages,” and then “you die because you cannot afford the medication you need.”
You might say he painted a very bleak picture of Barack scumbag/liar-nObama’s eight years in office.
First, commie-Sanders isn’t wrong to decry massive corporate subsidies or unfair tax breaks, though it’s worth noting that subsidizing certain industries isn’t the same as reducing individual tax rates; the former is a gift (or graft), while the latter is simply allowing people or companies to keep more of what they rightfully earned. Moreover, commie-Sanders didn’t even mention the word “regulation,” which is the most insidious form of taxation and the way Big Business gets in bed with Big Government to ensure the new rules hurt the potential competition. Those Wall Street bailouts he rightly complains about were Democrat-sponsored corporatist graft that instead of ending “too big to fail” practically codified it.
But none of that is “the free market,” and Donald Trump didn’t establish all that favoritism. Career politicians like commie-Bernie Sanders did.
Second, commie-Sanders’s prescription is worse than the disease. Rather than just ending all the bad policies, he wants to implement them for the recipients he chooses. By way of a patriotically named “21st Century Economic Bill of Rights,” commie-Sanders calls for a whole new laundry list of “rights” that he’ll force taxpayers to fund.
As fellow socialist and New York City Mayor scumbag-Bill de Blasio put it in Wednesday night’s debate, “There’s plenty of money in this country, it’s just in the wrong hands.” But never fear: commie-Bernie’s just the guy to relieve you of it so he can pay for the “rights” of his constituents. Just trust him, he says, and he’ll be the one to finally get socialism right.
~The Patriot Post
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