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Politics : The Donald Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (37439)9/9/2020 12:09:41 PM
From: RetiredNow1 Recommendation

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GROUND ZERO™

  Respond to of 74606
 
He should have. He probably figured that little twerp wasn't worth his time. LOL. BTW, that twerp is part of a growing problem of millennial a-holes who are flat out Communist and are looking to implement serious redistribution. So get ready.

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Millennials to redistribute wealth from older generations to the young in new ‘age of disorder,’ warns Deutsche strategist

What new era means for markets
marketwatch.com

It probably won’t take a great deal of persuasion to convince investors that there’s an “age of disorder.”

That’s the title of a new Deutsche Bank research note, which says the world is entering its sixth distinct era of modern times.

So say goodbye to the “era of globalization” and brace yourself for the “age of disorder” where millennials, firmly established as the generation of ‘have nots’,take their revenge and redistribute wealth from the old to young. Millennials are usually defined as those between the ages of 22 and 38 years old in 2019, according to Nielsen Media Research .

The note by strategist Jim Reid warns the discussion of inequality within and between countries will not be limited to wealth and income.

“In fact, an issue that is quickly emerging as a political force is the intergenerational gap,” the report says. “Assuming life does not become more economically favourable for Millennials as they age (many find house prices increasingly out of reach), this could be a potential turning point for society and start to change election results and thus change policy.”

The votes for Brexit in the U.K. and President Donald Trump in the U.S. in 2016 left many younger people feeling angry and alienated by political decisions that a sizable majority of them were against, the report says.

This could see the revenge of the millennials as they take more control and skew policies to redistribute wealth away from older generations to the young.

“Such a shift in the balance of power could include a harsher inheritance tax regime, less income protection for pensioners, more property taxes, along with greater income and corporates taxes . . . and all-round more redistributive policies”, the Deutsche Bank report said.

The ‘new’ generation might also be more tolerant of inflation insofar as it will erode the debt burden they are inheriting and put the pain on bond holders which tend to have a bias towards the pensioner generation and the more wealthy.

“The older generation may also have to be content with lower (or even negative) asset price growth if the younger generation does not have a sudden income boost. This will be a big break from the status quo and lead to far more disorder than in the prior era of globalisation.”

The report suggests 2020 may be the start of a new era, as the coronavirus pandemic brings the era of globalization since 1980 to a close.

“The era of globalisation to we are likely waving goodbye saw the best combined asset price growth of any era in history, with equity and bond returns very strong across the board. The Age of Disorder threatens the current high global valuations, especially in real terms,” said the report.

What will this new age bring?
• Deteriorating US/China relations and the reversal of unfettered
globalisation.
• A make-or-break decade for Europe, with muddle-through less likely
following the economic shock of COVID-19.
• Even higher debt.
• Inflation or deflation? As a minimum, it is unlikely it will calibrate as easily as we saw over the last few decades.
• Inequality worsening before a backlash and reversal takes place.
• The intergenerational divide also widening before millennials and younger voters soon start having the numbers to win elections and, in turn, reverse decades of policy.
• Linked to the above, the climate debate will build, with more voters
sympathetic and thus creating disorder.

We’re in the midst of a technology revolution with astonishing equity valuations reflecting expectations for a serious disruption to the status quo, the report says, questioning whether this is a revolution or bubble?

Much depends on whether working from home becomes more permanent, and if so it predicts it will cause major changes to societies and economies.

Tesla TSLA, 6.16%, Amazon AMZN, 3.48% and Facebook FB, 1.42% are all companies that have seen their valuations soar in recent times on NasdaqCOMP, 2.56%.

The most worrying prediction is an economic battle between the U.S. and China.

“The result of the US election in November is unlikely to change the direction of travel,” the report says. “Over the course of this decade, relations will likely deteriorate into a bipolar standoff as both the US and China seek to prevent encirclement by the other. Companies that have embraced globalisation will be stuck in the middle if relations sour as we fear.”

There have been 16 occasions over the last 500 years, when a rising power has challenged the ruling one, and on 12 occasions it ended with war. One piece of solace is the report notes that military conflict is unlikely.

About the Authors

Rupert Steiner

Rupert Steiner is Barron's Group bureau chief for the Europe, Middle East and Africa region. Focusing on retail and consumer goods, he writes for MarketWatch, Barron’s, Penta and Financial News. Follow him on Twitter: @rupertsteiner.

Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.



To: GROUND ZERO™ who wrote (37439)9/9/2020 1:54:31 PM
From: RetiredNow1 Recommendation

Recommended By
GROUND ZERO™

  Read Replies (1) | Respond to of 74606
 
Trump needs to do something about the Homeland Security report that claims that white supremacy is the greatest domestic threat to our nation security. This is obviously false, when we have seen nothing but BLM and Antifa rioting in our streets in every major city for over 3 months. Whoever authored this report and his boss who approved it needs to be fired.

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Whitney: Is BLM The Mask Behind Which The Oligarchs Operate?

Authored by Mike Whitney,

Here’s your BLM Pop Quiz for the day: What do “Critical Race Theory”, “The 1619 Project”, and Homeland Security’s “White Supremacist” warning tell us about what’s going on in America today?
  1. They point to deeply-embedded racism that shapes the behavior of white people
  2. They suggest that systemic racism cannot be overcome by merely changing attitudes and laws
  3. They alert us to the fact that unresolved issues are pushing the country towards a destructive race war
  4. They indicate that powerful agents — operating from within the state– are inciting racial violence to crush the emerging “populist” majority that elected Trump to office in 2016 and which now represents an existential threat to the globalist plan to transform America into a tyrannical third-world “shithole”.

Which of these four statements best explains what’s going on in America today?

If you chose Number 4, you are right. We are not experiencing a sudden and explosive outbreak of racial violence and mayhem. We are experiencing a thoroughly-planned, insurgency-type operation that involves myriad logistical components including vast, nationwide riots, looting and arson, as well as an extremely impressive ideological campaign. “Critical Race Theory”, “The 1619 Project”, and Homeland Security’s “White Supremacist” warning are as much a part of the Oligarchic war on America as are the burning of our cities and the toppling of our statues. All three, fall under the heading of “ideology”, and all three are being used to shape public attitudes on matters related to our collective identity as “Americans”.

The plan is to overwhelm the population with a deluge of disinformation about their history, their founders, and the threats they face, so they will submissively accept a New Order imposed by technocrats and their political lackeys. This psychological war is perhaps more important than Operation BLM which merely provides the muscle for implementing the transformative “Reset” that elites want to impose on the country. The real challenge is to change the hearts and minds of a population that is unwaveringly patriotic and violently resistant to any subversive element that threatens to do harm to their country. So, while we can expect this propaganda saturation campaign to continue for the foreseeable future, we don’t expect the strategy will ultimately succeed. At the end of the day, America will still be America, unbroken, unflagging and unapologetic.

Let’s look more carefully at what is going on.

On September 4, the Department of Homeland Security issued a draft report stating that “White supremacists present the gravest terror threat to the United States”. According to an article in Politico:

  • …all three draft (versions of the document) describe the threat from white supremacists as the deadliest domestic terror threat facing the U.S., listed above the immediate danger from foreign terrorist groups…. John Cohen, who oversaw DHS’s counterterrorism portfolio from 2011 to 2014, said the drafts’ conclusion isn’t surprising.
  • “This draft document seems to be consistent with earlier intelligence reports from DHS, the FBI, and other law enforcement sources: that the most significant terror-related threat facing the US today comes from violent extremists who are motivated by white supremacy and other far-right ideological causes,” he said….
  • “Lone offenders and small cells of individuals motivated by a diverse array of social, ideological, and personal factors will pose the primary terrorist threat to the United States,” the draft reads. “Among these groups, we assess that white supremacist extremists …will pose the most persistent and lethal threat.”..(“ DHS draft document: White supremacists are greatest terror threat” Politico)


This is nonsense. White supremacists do not pose the greatest danger to the country, that designation goes to the left-wing groups that have rampaged through more than 2,000 US cities for the last 100 days. Black Lives Matter and Antifa-generated riots have decimated hundreds of small businesses, destroyed the lives and livelihoods of thousands of merchants and their employees, and left entire cities in a shambles. The destruction in Kenosha alone far exceeds the damage attributable to the activities of all the white supremacist groups combined.

So why has Homeland Security made this ridiculous and unsupportable claim? Why have they chosen to prioritize white supremacists as “the most persistent and lethal threat” when it is clearly not true?

There’s only one answer: Politics.

The officials who concocted this scam are advancing the agenda of their real bosses, the oligarch puppet-masters who have their tentacles extended throughout the deep-state and use them to coerce their lackey bureaucrats to do their bidding. In this case, the honchos are invoking the race card (“white supremacists”) to divert attention from their sinister destabilization program, their looting of the US Treasury (for their crooked Wall Street friends), their demonizing of the mostly-white working class “America First” nationalists who handed Trump the 2016 election, and their scurrilous scheme to establish one-party rule by installing their addlepated meat-puppet candidate (Biden) as president so he can carry out their directives from the comfort of the Oval Office. That’s what’s really going on.

DHS’s announcement makes it possible for state agents to target legally-armed Americans who gather with other gun owners in groups that are protected under the second amendment. Now the white supremacist label will be applied more haphazardly to these same conservatives who pose no danger to public safety. The draft document should be seen as a warning to anyone whose beliefs do not jibe with the New Liberal Orthodoxy that white people are inherently racists who must ask forgiveness for a system they had no hand in creating (slavery) and which was abolished more than 150 years ago.

The 1619 Project” is another part of the ideological war that is being waged against the American people. The objective of the “Project” is to convince readers that America was founded by heinous white men who subjugated blacks to increase their wealth and power. According to the World Socialist Web Site:

  • “The essays featured in the magazine are organized around the central premise that all of American history is rooted in race hatred—specifically, the uncontrollable hatred of “black people” by “white people.” Hannah-Jones writes in the series’ introduction: “Anti-black racism runs in the very DNA of this country.
  • This is a false and dangerous conception. DNA is a chemical molecule that contains the genetic code of living organisms and determines their physical characteristics and development….Hannah-Jones’s reference to DNA is part of a growing tendency to derive racial antagonisms from innate biological processes.where does this racism come from? It is embedded, claims Hannah-Jones, in the historical DNA of American “white people.” Thus, it must persist independently of any change in political or economic conditions...
  • ...No doubt, the authors of The Project 1619 essays would deny that they are predicting race war, let alone justifying fascism. But ideas have a logic; and authors bear responsibility for the political conclusions and consequences of their false and misguided arguments.”
  • - “The New York Times’s 1619 Project: A racialist falsification of American and world history”, World Socialist Web Site


Clearly, Hannah-Jones was enlisted by big money patrons who needed an ideological foundation to justify the massive BLM riots they had already planned as part of their US color revolution. The author –perhaps unwittingly– provided the required text for vindicating widespread destruction and chaos carried out in the name of “social justice.”

As Hannah-Jones says, “Anti-black racism runs in the very DNA of this country”, which is to say that it cannot be mitigated or reformed, only eradicated by destroying the symbols of white patriarchy (Our icons, our customs, our traditions and our history.), toppling the existing government, and imposing a new system that better reflects the values of the burgeoning non-Caucasian majority. Simply put, The Project 1619 creates the rationale for sustained civil unrest, deepening political polarization and violent revolution.

All of these goals conveniently coincide with the aims of the NWO Oligarchs who seek to replace America’s Constitutional government with a corporate Superstate ruled by voracious Monopolists and their globalist allies. So, while Hannah-Jones treatise does nothing to improve conditions for black people in America, it does move the country closer to the dystopian dream of the parasite class; Corporate Valhalla.

Then there is “Critical Race Theory” which provides the ideological icing on the cake. The theory is part of the broader canon of anti-white dogma which is being used to indoctrinate workers. White employees are being subjected to “reeducation” programs that require their participation as a precondition for further employment . The first rebellion against critical race theory, took place at Sandia Labs which is a federally-funded research agency that designs America’s nuclear weapons. According to journalist Christopher F. Rufo:

  • “Senator @HawleyMO and @SecBrouillette have launched an inspector general investigation, but Sandia executives have only accelerated their purge against conservatives.”
  • Sandia executives have made it clear: they want to force critical race theory, race-segregated trainings, and white male reeducation camps on their employees—and all dissent will be severely punished. Progressive employees will be rewarded; conservative employees will be purged.” (“ There is a civil war erupting at @SandiaLabs.” Christopher F Rufo)


It all sounds so Bolshevik. Here’s more info on how this toxic indoctrination program works:

“Treasury Department …

  • The Treasury Department held a training session telling employees that “virtually all White people contribute to racism” and demanding that white staff members “struggle to own their racism” and accept their “unconscious bias, White privilege, and White fragility.”


The National Credit Union Administration

  • The NCUA held a session for 8,900 employees arguing that America was “founded on racism” and “built on the blacks of people who were enslaved.” Twitter thread here and original source documents here.


Sandia National Laboratories

  • Last year, Sandia National Labs—which produces our nuclear arsenal—held a three-day reeducation camp for white males, teaching them how to deconstruct their “white male culture” and forcing them to write letters of apology to women and people of color. Whistleblowers from inside the labs tell me that critical race theory is now endangering our national security. Twitter thread hereand original source documents here.


Argonne National Laboratories

  • Argonne National Labs hosts trainings calling on white lab employees to admit that they “benefit from racism” and atone for the “pain and anguish inflicted upon Black people.” Twitter thread here.


Department of Homeland Security

  • The Department of Homeland Security hosted a Training on “microaggressions, microinequities, and microassaults” where white employees were told that they had been “socialized into oppressor roles.” Twitter thread here and original source documents here.” (“ Summary of Critical Race Theory Investigations”, Christopher F Rufo)


On September 4, Donald Trump announced his administration “would prohibit federal agencies from subjecting government employees to “critical race theory” or “white privilege” seminar...

  • “It has come to the President’s attention that Executive Branch agencies have spent millions of taxpayer dollars to date ‘training’ government workers to believe divisive, anti-American propaganda,” read a Friday memo from the Office of Budget and Management Director Russ Vought. “These types of ‘trainings’ not only run counter to the fundamental beliefs for which our Nation has stood since its inception, but they also engender division and resentment within the Federal workforce … The President has directed me to ensure that Federal agencies cease and desist from using taxpayer dollars to fund these divisive, un-American propaganda training sessions.”


The next day, September 5, Trump announced that the Department of Education was going to see whether the New York Times Magazine’s 1619 Project was being used in school curricula and– if it was– then those schools would be ineligible for federal funding. Conservative pundits applauded Trump’s action as a step forward in the “culture wars”, but it’s really much more than that. Trump is actually foiling an effort by the domestic saboteurs who continue look for ways to undermine democracy, reduce the masses of working-class people to grinding poverty and hopelessness, and turn the country into a despotic military outpost ruled by bloodsucking tycoons, mercenary autocrats and duplicitous elites. Alot of thought and effort went into this malign ideological project. Trump derailed it with a wave of the hand. That’s no small achievement.

Bottom line: “Critical Race Theory”, “The 1619 Project”, and Homeland Security’s “White Supremacist” warning represent the ideological foundation upon which the war on America is based. The “anti-white” dogma is the counterpart to the massive riots that have rocked the country. These phenomena are two spokes on the same wheel. They are designed to work together to achieve the same purpose. The goal is create a “racial” smokescreen that conceals the vast and willful destruction of the US economy, the $5 trillion dollar wealth-transfer that was provided to Wall Street, and the ferocious attack on the emerging, mainly-white working class “populist” movement that elected Trump and which rejects the globalist plan to transform the world into a borderless free trade zone ruled by cutthroat monopolists and their NWO allies.

This is a class war dolled-up to look like a race war. Americans will have to look beyond the smoke and mirrors to spot the elites lurking in the shadows. There lies the cancer that must be eradicated.