Does the Bear Market start tomorrow?

Tomorrow, the vaccine mandate for truckers in the US begins. The Canadian border is already affected by the Canada mandate and there is already some pain. Truckers work alone although a small number share driving with wives or other partners. Their exposure to the general public is minimal in their work life. The same mandate by the US will block most Mexican drivers from bringing fresh fruits and vegetables into the US. All three groups of drivers have a low compliance with vaccination. The result will likely contribute to the supply chain crisis, which has only worsened the past few months.

Now, The stock market is showing weakness.

Energy policy has driven up oil, fuel, packaging and gas prices. Transportation costs have skyrocketed. Emission regulations have driven up port costs and delayed transportation; fracturing the supply chain. Vaccine mandates have hit the manufacturing and processing sectors. Legislative policy and COVID spending have artificially inflated the economy. Monetary policy has devalued the dollar and driven even higher inflation.

The mandate will affect 50% of US truckers. Mexican truckers are unknown but Canadian truckers are already demonstrating in Ottawa.

Into this hurricane of stagflation, the fed is going to raise interest rates. The stock market could lose half its inflated value. The NASDAQ is already responding to the storm clouds. Employment is going to start getting really sketchy. Congress will eventually announce their remedy, which will be more spending – and the dollar gets worse.

A market expert is predicting a bear market.

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Who are the Afghans evacuated ?

The Biden evacuation was botched. We all agree on that but what happened and why ? The Afghans who were interpreters and who worked with the US military were given, or were supposed to be given, special visas. These were called “Special Immigrant Visas” and were for Afghans who worked with the US. We are now reading that The majority of these people were not evacuated.

WASHINGTON—The U.S. estimates it left behind the majority of Afghan interpreters and others who applied for visas to flee Afghanistan, a senior State Department official said on Wednesday, despite frantic efforts to evacuate those at risk of Taliban retribution.

In the early days of the evacuation effort, thousands of Afghans crowded Kabul’s airport seeking a way to flee the country. Some made it through without paperwork, while American citizens and visa applicants were unable to enter and board flights out.

The U.S. still doesn’t have reliable data on who was evacuated, nor for what type of visas they may qualify, the official said, but initial assessments suggested most visa applicants didn’t make it through the crush at the airport.

The Biden administration now boasts that 120,000 Afghans were evacuated. Who are they?

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California agonistes.

I moved to California in 1956 to attend college. Los Angeles was a paradise. The weather was great. The traffic was no problem. I learned that the LAPD did not take bribes and was not amused at attempts to offer them. After growing up in Chicago, I had learned to put a ten dollar bill behind my driver’s license in case I was stopped. In Los Angeles, I did so and was lectured about the consequences of offering a bribe by a stern LAPD officer.

I lived in the fraternity house and one year slept on an outside second floor porch. I had four blankets on my bed but no problem, with flies or mosquitoes. I remember flying back to Los Angeles one New Year’s Eve from Christmas vacation in Chicago. The palm trees told me I was home. There was a brush fire in the hills but it was nice to be back. I would sometimes drive up to Sunset Boulevard just to see the city at night. The TV show, “77 Sunset Strip” showed just what it looked like. We would drive into Hollywood and sometimes eat at Villa Frescati. We had a lot of fun. Too much fun as I lost my scholarship.

The first sign of trouble was described in Victor Davis Hanson’s book, “Mexifornia.” There was trouble before that as the Watts Riot in 1965 began the endless pandering to the angry mobs.

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How is the Shutdown Going ?

We are now in week three of the partial government “shutdown” over the refusal of Democrats to fund any of Trump’s wall. They see this as another “Read My Lips” situation which, if they can make Trump back down, it will kill his re-election campaign just as it did to Bush in 1992.

But Trump’s base takes the wall itself seriously, and, like George H.W. Bush’s 1988 campaign pledge on taxes, the wall has become the president’s “read my lips” albatross. His supporters may not abandon him over it, but Trump’s re-election hinges entirely on their enthusiasm. Yes, they will vote for him, but will they engage in the get-out-the-vote activities that drive to the polls enough additional voters to put Trump over the top?

How is that going ? Even Texas Monthly, no friend of Republicans agrees.

Jet skis dropping off pregnant women. Chinese border crossers in fancy workout attire. A park full of could-be spies. These sights of the Rio Grande are almost hallucinatory, but they don’t seem to alarm Spratte. They seem to fatigue him. Not long ago, he says, agents’ mouths would drop open when they’d hear about a group of fifty immigrants getting caught. Now, he says, “if you tell me, I’ve got a group of fifty, I need help, I would laugh at you. If you said, I’ve got a group of three hundred, now that would be cool, because that would be a new record. And the records are only going to keep increasing.” (According to Spratte, agents in the Valley have had a single pickup of around 280 immigrants.)

Trump visited the wall yesterday and CNN’s Jim Acosta gave Trump a hand at making his case.

I know this might be hard for you to comprehend Jimbo, but the reason why all of Twitter has been mocking you today is because you were at a part of the border WITH A WALL. So yes, of course it was working. Replicate that across the border & we’ll all be safer. #RealNews #ByeBye

It did not look too good for Acosta to brag about how safe it was near a wall. OR fence, if you prefer.

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How Can We Deal With Terrorism in the West ?

Terrorism struck in London last Saturday night and PM Theresa May says, “Enough is enough “

Does she mean it ? Probably but that does not mean anything useful will be done.
Two thirds of British Muslims would not report a plot to police.

The same poll revealed that over half of all British Muslims think homosexuality, the very act of gay sex, should be illegal in Britain. Another 23% want to tear down British common law and replace it with Islamic Sharia. Moreover, 39% believe that wives should always, without exception, obey the commands of their husbands; 31% of Muslim also believed that men (not women of course) should be legally permitted to practice polygamy and marry more than one wife.

That doesn’t sound like assimilation. How about America ?

Minnesota Somalis sound pretty much the same.

‘Is it right to kill someone who insults the prophet?’

“Yes,” said the bearded man with the animated personality. “Because when you, every day you face frustration. And you know, every day you have, uh, you’re mad, or somebody says that, and you feel hate your soul. You could do anything you wanted. If you committed suicide, you don’t care, because your heart, your heart is telling you, ‘I don’t want to live no more,’ because you couldn’t take that much hate. Or you, you kill someone.”

It’s not just Somalis.

The Center for Security Policy released a poll Tuesday that should give all Americans pause. The results show that a startling number of American Muslims, our fellow citizens, agree that violence is a legitimate response to those who insult Islam. A full majority of 51% “agreed that “Muslims in America should have the choice of being governed according to shariah.”

According to the just-released survey of Muslims, a majority (51%) agreed that “Muslims in America should have the choice of being governed according to shariah.” When that question was put to the broader U.S. population, the overwhelming majority held that shariah should not displace the U.S. Constitution (86% to 2%). …

Even more troubling, is the fact that nearly a quarter of the Muslims polled believed that, “It is legitimate to use violence to punish those who give offense to Islam by, for example, portraying the prophet Mohammed.”

A full 25% of those polled agreed that “violence against Americans here in the United States can be justified as part of the global jihad.”

What do we do with this ?

Spengler (David Goldman) has some suggestions.

Sherman and Sheridan suppressed sniping at Union soldiers by Confederate civilians by burning the towns (just the towns, not the townsfolk) that sheltered them. In other words, they forced collective responsibility upon a hostile population, a doctrine that in peacetime is entirely repugnant, but that in wartime becomes unavoidable.

I have read a lot about Sherman and his way of dealing with a hostile population was hang snipers and burn the villages that supported them.

Collective punishment has gotten a bad reputation from the Germans in World War I and World War II. They would round up innocent civilians and execute them to punish guerilla attacks in the area. I am not advocating anything like that.

Israel demolishes the homes of terrorists.

“The police are going deeply into the Arab neighborhoods [in Jerusalem], which has not been done in the past,” he said. “We will demolish terrorists’ homes. We are allowing our forces to take strong action against those who throw rocks and firebombs. This is necessary in order to safeguard the security of Israeli citizens on the roads and everywhere.”

Palestinians may consider children expendable but houses are more precious. How would we implement such a policy ?

Many mosques have been used to store weapons and plan attacks.

This is certainly the case in Israel.

The 38-page report includes photographic evidence of weapons being stored under pulpits and elsewhere in mosques during December and January’s Operation Cast Lead in Gaza. It notes that Israeli troops fighting Hizballah in Lebanon, U.S. troops fighting terrorists in Iraq and even Palestinian Authority officials in the West Bank have encountered similar practices.

How about in the US ? Mosques have been shown to teach violent extremism.

The mosques in the US are largely funded by the Saudis which promote the Wahhabi extreme version of Islam.

Firm figures are elusive, but estimates are that the Saudis fund up to 80% of American mosques, at least in part. And their goal is the same here as it is elsewhere in the world where Islam must compete with other religions: to prevent Muslims from integrating into the host society.

If a terrorist is shown to have attended a mosque, that mosque should be closed.

The terrorists are also winning a psychological war in Europe. They identify police informants and force them to become suicide bombers. That is why so many are “Known Wolves.”

These attacks, in other words, are designed to impress the Muslim public as much as they are intended to horrify the western public. In so many words, the terrorists tell Muslims that western police agencies cannot protect them. If they cooperate with the police they will be found out and punished. The West fears the power of Islam: it evinces such fear by praising Islam as a religion of peace, by squelching dissent in the name of fighting supposed Islamophobia, and by offering concessions and apologies to Muslims.

Demolishing or closing some homes and a few mosques might signal more resolution than speeches by politicians. Deporting a few families would also be salutary.