Category: Great Moments In Socialism

The Recession Cometh

Might be some great bargains to be had at Bed Bath and Beyond in the near future.

The retailer is in the early stages of planning for a chapter 11 bankruptcy filing and the discussions could extend into February, these people said. Bed Bath & Beyond warned earlier Thursday that it might file for bankruptcy protection and that it has substantial doubt it can stay in business after enduring another quarter of deep losses and slumping sales.

And if anyone thinks that problems at brick and mortar stores are simply due to consumers switching to online retailing, think again.

Amazon’s layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, chief executive Andy Jassy said in a public staff note on Wednesday.

 

The Doctor Will Kill You Now

Because of our government run, socialized medicare system there’s a lot of perverse incentives baked into this legislation. Treatment is expensive, and lets face it, a hassle for those whose job it is to provide it. People are being encouraged to off themselves for -The Greater Good™-

Globe and Mail- Canada’s medically assisted dying laws are set to expand this year. Here’s what you need to know

People suffering from mental disorders who have other underlying conditions may already be eligible for assisted dying. The expansion specifically includes people who only have a mental disorder.

That will make Canada one of a handful of countries where someone who is suffering from a mental disorder and whose natural death is not foreseeable will be able to receive a medically assisted death.

The Tom Woods Show- When the State Promotes Suicide

Tim Moen joins us to provide the background to some of the stories we’ve been hearing coming out of Canada about the promiscuous recommendation of euthanasia there.

Temporarily Unexpected

St. Louis Fed Quietly Finds US Is Now In A Recession

In recent weeks, we have seen a burst of unexpected truthiness out of various regional Fed banks, a sharp contrast to the constant barrage of prevarication out of the Federal Reserve.

First, it was the Philadelphia Fed which effectively revised what was according to the BLS a gain of 1.1 million jobs to just 10,500 jobs, meaning that the Fed was looking at erroneously overstated, arguably politicized data, as it unleashed its burst of 75bps rate hikes in June… which happened just as June jobs number turned negative.

More: Oil’s rough start to the year deepened as a weakening demand outlook came to the fore amid predictions for a US recession, China’s struggle with Covid-19 and milder winter weather. West Texas Intermediate fell below $75 a barrel after sinking 4.2% on Tuesday.

Let That Sink In

The Twitter Files: Twitter and the FBI “Belly Button”

He Admires Their Basic Dictatorship

A social control test nudge.

The Canada Revenue Agency (CRA) in internal polling considered whether to make publicly available a blacklist of individuals who cheat on their taxes, according to a report.

“More than 1 in 3 Canadians, 35 percent, strongly agree the Canada Revenue Agency should publish a list of people found guilty of tax offences,” said a report titled “2022 CRA Annual Corporate Research Quantitative Phase” and obtained by Blacklock’s Reporter.

Why would you care if you’ve always followed the law?

Harm Promotion

First they lie, then they escalate, then they censor.

One of Canada’s leading experts on drug addiction says British Columbia’s provincial government asked him to delete a crucial database in an attempt to censor criticism of the province’s homeless policies. The incident appears to fit within a larger, nationwide campaign to silence experts who believe that, when it comes to homelessness and drugs, Canadian policy-makers are on the wrong track.[…]

In B.C., as in much of Canada, the popular approach is to herd homeless people into housing where most, if not all, residents are fresh off the streets, creating a critical mass of trauma and addiction. These residents are then given a “safe supply” of free drugs and provided few resources for recovery and social reintegration.

Somers’ study showed that if you house homeless people in a way that disperses them into normal society, and then prioritize rehabilitation, employment and social reintegration, you see a 70 per cent reduction in crimes committed and a 50 per cent reduction in medical emergencies, all without spending more money.

The study confirmed the common-sense notion that it’s better to empower people to get back on their feet, rather than foster dependency through easy access to free drugs. […]

Armed with his study results, Somers worked with 14 non-profits to call for reforms to B.C.’s drug and homeless policies. In late February 2021, he presented his findings to several provincial deputy ministers.

A week later, the provincial government sent him a letter demanding that he destroy the IMED within one week.

Climate Lockdowns

Coming soon.

The Reuters fact check- Oxfordshire County Council to trial congestion-reducing traffic filters, not a ‘climate lockdown’

Full video here. h/t Antenor

Sit Down…

…watch Netflix, get fat and you’ll Save the NHS™-

The Telegraph- Don’t go on ‘long runs’ during NHS chaos, senior medic warns

People should avoid going on “long runs” to get fit in the New Year amid record pressures on the NHS, one of the country’s chief medical officers has said.
Sir Frank Atherton, Chief Medical Officer for Wales, said those thinking of shedding a few pounds should avoid placing undue demands on medical services as they suffer increasingly from delays, with ambulances facing long queues to admit patients to hospital.

Problem Solved

The subtle magic of Orwellian definitions.

Scottish Daily Express- Anger as EU project sees Police Scotland rebrand paedophiles as ‘Minor-Attracted People’

Chief Constable Iain Livingstone’s annual year end report refers to child abusers as Minor-Attracted People (MAPs). The move comes amid wider concerns by campaigners over what they see as attempts to rebrand paedophilia as a harmless sexual preference.

A spokesman for the force stressed that MAPs is not a term they routinely use to describe child abusers and said that its use in the report had to be understood in context.

Cleaning House

I still think Elon paid $43 billion too much for Twitter, but on balance his efforts to de-woke the platform, among other measures, are something to be applauded.

Musk added to the controversy with his $44 billion purchase of Twitter, the money-bleeding social media platform. He said he did this to protect free speech and has exposed, with independent reporters’ investigations of the Twitter Files, a large government effort to control and suppress speech on significant issues through Twitter, such as Hunter Biden’s laptop and Covid information.

The cultural acceptance of the government’s violation of the First Amendment and cajoling Twitter to shadow ban or remove tweets that don’t align the government’s version of the truth, stems from universities that indoctrinate their students into believing that they are not capable of thinking for themselves, there is no absolute truth, and that they need the government to arbitrate the truth and tell them what to think.

Betting on failure

I can’t blame anyone for doing whatever it takes to escape a collapsing economy, but a nation’s finances won’t be resurrected by a few people earning an income derived from the betting losses of others. Zimbabwe could turn things around by rejecting the legacy of scientific socialism, but there seems to be insufficient interest in that.

Unable to further his education after finishing high school with low grades in 2019, Chisakarire struggled to find a job in Zimbabwe’s stressed industries. The outbreak of COVID-19 meant his father, a truck driver, lost regular work. So Chisakarire began hanging around an illegal tavern where patrons dodged or bribed police to overlook pandemic restrictions so they could drink beer and play pool.

His hobby became a skill and he showed a talent for shooting the round balls into the pockets. Soon it helped solve his financial problems as he began betting on his games and winning. These days he earns about $300 on a good month by playing pool, he says.

Apocalypse Now

I suspect we are on the verge of a cascade of forced sales in real estate which will result in a collapse of the Canadian market. The persistence of the collectivist version of “Canadian exceptionalism” will, however, prevent most from acknowledging the problem until it blows up completely.

Thread reader.

Sanctions for some…

As any student of history would know, sanctions typically leak like sieves. That’s why a war strategy based on them is likely to go nowhere.

While Japan has joined other western allies in sanctioning Russia over its invasion of Ukraine, the Asian nation has stopped short of taking strict measures on oil and natural gas. The government has said that Russia’s Sakhalin-2 export project is a key source of Japan’s liquefied natural gas supply, and the production and import of its oil is required for stable operations.

 

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