Behind the Banking Crisis.

I want to recommend a good piece at Conservative Tree House, which I read every day.

It is this post which connects a few dots.

This is where we need to keep the BRICS -vs- WEF dynamic in mind and consider that ideologically there is a conflict between the current agenda of the ‘western financial system’ (climate change) and the traditional energy developers. This conflict has been playing out not only in the energy sector, but also the dynamic of support for Russia (an OPEC+ member) against the western sanction regime. Ultimately supporting Russia’s battle against NATO encroachments.

The war in Ukraine, which probably would not have begun if Trump was president, led to a war of economic interests. The western democracies have invested their future in “climate change,” which used to be “global warming” before the failure to warm made that slogan obsolete. Climate change has evolved into a war on energy production. The Biden regime now has even gone after gas stoves. Since I just bought one, I have an interest. Now, they seem to be going after washing machines. Ours has failed recently so I had better be quick to replace it.

The recent Credit Suisse bank crisis is complicated by the refusal of its largest shareholder, the Saudis, to help with a bail out. Why would this be ? This brings up the topic of BRICS. This is a new financial combination made up of Russia, China, Brazil, India and South Africa.

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The March of Folly

That’s the title of a four-pronged historical examination by Barbara Tuchman: an examination of four specific episodes in history (or in the case of Troy and their gift horse, possibly mythical history) where the leadership of a political entity decided against all good advice and reasoned opposition to go full out in idiocy counter to their best interests, the pursuit of which left them very much in a worse situation than before. Pride, stubbornness, stupid devotion to a set of principles which wound up biting them in the nether regions and supposedly serving a warning and example to the rest of us. Yet as MS Tuchman notes political bodies kept on doing it, over and over again. (Although I and others do have some serious beefs about how she categorized the saga of US in Vietnam.) It’s a readable overview, a quick skim of what happen in four separate eras when four different entities decide against all good advice, interests and viable alternatives, to go ahead and pee on that electric fence; a reminder as if we really do need another one, that self-interested stupidity is a human constant.

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Casting the Oracle Stones

So the voters go to the polls tomorrow well, those who haven’t done early voting or mailed in their ballot and possibly by Wednesday, we will know the results from those places which have it together in tallying up the ballots. (It might take days and weeks longer, for results from places that don’t have all their ducks neatly lined up.) I see two possible outcomes, both grounds for considerable foreboding.

Number one: Organized, systematic, blatant ballot fraud on the part of Democrat party operatives in precincts and cities most particularly open to it; fraud that is so naked, open and in-your-face that it can’t be hidden, disguised or explained away fraud which allows the Democrats to claim an overwhelming victory, aided and abetted by a tame national media.

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Midterms and Mayhem

Abstract: A “red wave” midterm election seems about to occur. Notwithstanding the apparent (relatively) recent precedent of the 1994 midterms, the eight weeks from Tuesday 8 November 2022 to Tuesday 3 January 2023 may become the most challenging period to date in the entire history of the American constitutional order, not excepting the “Secession Winter” following Tuesday 6 November 1860. A broadly similar situation would almost certainly exist if the relative positions of the major political parties in the US were reversed. Even with alarming possibilities in view, this post is intended to promote constructive apprehension, not mere fearfulness.

Like all good students at our eponymous institution, you get the theoretical elements first, then more practical aspects, and falsifiable predictions at the end.

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What is the Purpose of a Senator

Dr. Oz is a bit weird, and I’m bothered by his apparent mixed loyalties.   Still, I’m pulling for him.    I assume a good heart surgeon learns, processes, acts.   And apparently he did very well.    Secondly, I only watched one of his shows but he listened closely to his guest (with a certain modesty, as in his response to Oprah).   I like patents – we need people who   analyze, define, and solve problems.   We are less sure of what he will be than we are of more conventional candidates.   Still, a life time of work done well make it less of a gamble.

Then there’s Fetterman – with remarkably few accomplishments, he would fight crime and increase energy with flailing, contradictory slogans.   His party praised his “performances”.   But senators reason, and it is the reasoning before the vote, the give and take with opponents, that defines a Senator’s value.    A Senator is, after all,   joining one of the great, if not the greatest, of deliberative bodies.   Some, we hear in their ads, still see that role.   But is that even a majority?   And how much do the parties differ?

His party wanted to own his vote.   Their job is to elect sufficient pawns to give a majority.   Then, they give up the power of their vote to the leaders who give up theirs to the swamp, leading to a populace more and more restless and less and less able to fight free of the octopus.   And so it matters little that Fetterman can not deliberate.   In his stabs at making an argument for his candidacy, he says he’ll be the 51st vote.   Of course.    Not as a representative of Pennsylvanians.   That vote and not that voice is what made him worth millions.    And so he is elected by the party, not the people.

We can’t possibly know what Oz will be like as senator; however, we all know what Fetterman will be.

And is his role as cipher all that different from Biden’s?   Or even the without-the-excuse of a stroke or senility, Kamala Harris?   How much applies to other members of Congress, some even more visibly impaired (Diane Feinstein, for instance).