Another Dumbass White Guy thumbnail

Another Dumbass White Guy

By Craig J. Cantoni

Why do White people keep falling for tropes and fallacies about diversity, equity, and inclusion?

In a recent essay in City Journal about the brouhaha over the congressional testimony of Ivy League presidents, Heather Mac Donald wrote the following about Bill Ackman, a donor to Harvard and a billionaire investor:

“Ackman, who has taken the lead in the campaign against Harvard, had been going through a very public education about the diversity, equity, and inclusion complex. On November 6, he admitted on CNBC that until recently he had never read Harvard’s Diversity, Equity, and Inclusion statement. When he did, he was surprised to learn that the school’s DEI mandate did not cover “all marginalized groups,” as he put it, such as Asians and Jews. The solution, in Ackman’s view, was to expand the diversity bureaucracy’s client base to include the full panoply of students and faculty who were “at risk of being taken advantage of, of being harmed, of being emotionally harmed,” in his words, by the “majority.”

Source:  https://www.city-journal.org/article/the-academy-at-the-crossroads)

Ackman’s thinking is astonishing in three ways.

First, although Ackman is a Harvard benefactor, and although DEI is one of the most controversial issues in academia and society today, he had never read the university’s DEI statement. 

By contrast, I didn’t graduate from the Ivy League, am not a billionaire, and am average in IQ.  But I’ve read scores of DEI pronouncements from universities, corporations, government, and nonprofits.  Not only that but in 1990, while I was still active in advancing equal rights and equal opportunity in business, I read the Harvard Business Review article that came out that year and started the diversity movement:  “From Affirmative Action to Affirming Diversity,” by R. Roosevelt Thomas Jr.  

Since then, diversity has degenerated from Mr. Thomas’s reasoned argument into divisive tropes and fallacies that have no place in institutes of higher learning or in society at large.

Second, it’s ludicrous for Ackman to claim that Asians are a marginalized group in need of DEI.  Which of the many nationalities, races, and ethnic groups force-fitted into the Asian category is he referring to?  Is he referring to the Han Chinese who hold most of the power in China?  The Koreans who hate the Japanese?  The Mongols who conquered and colonized scores of other peoples?

My extended family includes so-called Asians, but they refer to themselves by their ancestral nationality and ethnicity, not by the label “Asian.”   They are smart, industrious, successful, and just as family-oriented, if not more so, than Americans of Italian or Jewish ancestry.  They don’t need Ackman’s pandering, condescension, and virtue signaling.  Nor do Americans of East Indian ancestry need help from Ackman, especially given that they rank at the top in income.

Third, there is no doubt that when Ackman refers to disadvantaged groups being harmed by the majority, he is equating Whites to the majority.  This is a particular pernicious nostrum.

So-called Whites are only in the majority because of the specious and arbitrary way in which “races” are classified and counted in America for purposes of DEI.  A hundred or so unique ethnocultural groups are lumped together and labeled as White, even though many of them have little in common and many are dirt-poor and far from being privileged. 

The underlying fallacious assumption is that everyone labeled as White is homogeneous and monolithic in skin shade, DNA, socioeconomic status, outlook, values, beliefs, experiences, and ethnicity.

Even more ridiculous is the belief that everyone labeled as White cannot be a member of a minority group is an automatic member of the majority, has never been on the receiving end of injustice, and, by virtue of birth, has political power, privilege, and other unfair advantages.

It’s particularly troubling that college presidents and their large bureaus of diversity, equity, and inclusion administrators hold this belief.  They do so despite professors of anthropology, sociology, ethnography, genetics, and history knowing that it’s ridiculous.

At the same time, colleges encourage students to use their preferred pronouns.  Yet they would look askance at me for refusing to use the adjective “White” to describe myself, preferring instead to use “Italian.”  I do that to make the point that Italians, including my forebears, were not seen as White and were treated accordingly by the White Anglo-Saxon Protestant establishment for much of the twentieth century. The same for many other ethnocultural groups that were not seen as White back then but are seen as White today

Ackman doesn’t seem to understand the ethnocultural and economic diversity of people classified as White.  Maybe he only hangs around with people who are as uninformed and guilt-ridden as himself.

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NEW POLL: 1 in 5 Mail-In Voters Admit to Committing at Least One Kind of Voter Fraud During 2020 Election thumbnail

NEW POLL: 1 in 5 Mail-In Voters Admit to Committing at Least One Kind of Voter Fraud During 2020 Election

By Justin Haskins, Christopher Talgo, Donald Kendal, Jack McPherrin, James Taylor, Jim Lakely

17% of mail-in voters admit that in 2020 they voted in a state where they are “no longer a permanent resident”

21% of mail-in voters admitted that they filled out a ballot for a friend or family member

17% of mail-in voters said they signed a ballot for a friend or family member “with or without his or her permission”

8% of likely voters say they were offered “pay” or a “reward” for voting in 2020

Taken together, the results of these survey questions appear to show that voter fraud was widespread in the 2020 election, especially among those who cast mail-in ballots.


ARLINGTON HEIGHTS, IL (December 12, 2023) – A new poll by The Heartland Institute and Rasmussen Reports found one-in-five voters who cast mail-in ballots during the 2020 presidential election admit to participating in at least one kind of voter fraud.

When asked, “During the 2020 election, did you fill out a ballot, in part or in full, on behalf of a friend or family member, such as a spouse or child?”, 21% of respondents who said they voted by mail answered “yes.” (Filling out a ballot for someone else is illegal in all states, although many states allow people to assist others with voting.)

Additionally, 17% of mail-in voters said they voted “in a state where you were no longer a permanent resident.” Seventeen percent of mail-in voters also admitted to signing a “ballot or ballot envelope on behalf of a friend or family member.” (Both voting in a state where you are no longer a permanent resident and forging a signature on a ballot or ballot envelope are fraudulent activities that invalidate votes when caught by election officials.)

According to election data, more than 43 percent of 2020 voters cast ballots by mail, the highest percentage in U.S. history.

Further, 10% of all respondents — not just those who said they voted by mail — claimed that they know “a friend, family member, co-worker, or other acquaintance who has admitted … that he or she cast a mail-in ballot in 2020 in a state other than his or her state of permanent residence.”

Eight percent of all respondents said “a friend, family member, or organization, such as a political party” offered them “pay” or a “reward” for agreeing to vote in the 2020 election.

Taken together, the results of these survey questions appear to show that voter fraud was widespread in the 2020 election, especially among those who cast mail-in ballots.

The poll of 1,085 likely voters was conducted from November 30 to December 6, 2023. Among those surveyed in the poll, 33% were Republicans, 36% were Democrats, and 31% were “other”; 32% were 18-39 years old, 46% were 40-64 years old, and 22% were 65 or older.

The following statements from policy experts at The Heartland Institute – a free-market think tank – may be used for attribution. If you’d like to interview a Heartland Institute expert on this topic or other topics, please contact Justin Haskins, the director of Heartland’s Socialism Research Center and primary author of the Heartland/Rasmussen survey, at jhaskins@heartland.org, or contact Vice President and Director of Communications Jim Lakely at jlakely@heartland.org. You can also call/text Jim at 312-731-9364.


“The results of this survey are nothing short of stunning. For the past three years, Americans have repeatedly been told that the 2020 election was the most secure in history. But if this poll’s findings are reflective of reality. This conclusion isn’t based on conspiracy theories or suspect evidence, but rather from the responses made directly by the voters themselves.

“A democratic republic cannot survive if election laws allow voters to commit fraud easily, and that’s exactly what occurred during the 2020 election. Although some progress has been made in more than a dozen states since the conclusion of the 2020 election, much more work is needed in most regions of the United States. If America’s election laws do not improve soon, voters and politicians will continue to question the truthfulness and fairness of all future elections.”

Justin Haskins
Director, Socialism Research Center
The Heartland Institute
jhaskins@heartland.org


“The 2020 election was unlike any other in history as tens of millions of Americans voted by mail due to the COVID-19 pandemic. At the time, many experts warned that massive mail-in voting could result in widespread voter fraud. Unfortunately, these concerns were prophetic, as the results of this poll clearly show that a large number of voters did indeed fraudulently cast ballots in the 2020 election.

“The past few presidential elections have been razor-thin, and signs point to 2024 being another closely contested election. It is paramount that the American people have the utmost confidence that all elections are free and fair, and bereft of voter fraud as much as possible. Therefore, states should ensure their voter rolls are up-to-date and accurate, encourage in-person voting, and implement commonsense measures to reduce the potential for mail-in voting fraud.”

*****

This article was published by the Heartland Institute and is reproduced with permission.

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Daily Jihad in France thumbnail

Daily Jihad in France

By Guy Millière,

From the murder of Sébastien Sellam in 2003 to that of Mireille Knoll in 2018, all murders of Jews in France have been committed by radicalized Muslims.

Shouting “We are coming to kill white people”, they attacked, murdering Thomas Perotto, aged 17, who had his throat slit. Seventeen other people were wounded, some seriously. Criminologist Xavier Raufer asked about the attack, and replied that raids like that take place throughout the country every week.

Although the prosecutor in charge of the case received multiple testimonies that the attackers said they were “coming to kill white people,” authorities maintain that the motive for the attack is “unknown”.

74% of Muslims between the ages of 18 and 25 in France say they place Islamic sharia law above the laws of the French Republic.

Television journalist Christian Malard, who had access to the results of confidential inquiries carried out for the French Ministry of the Interior, said they show that more than half of the imams in France proclaim the superiority of Islam over Western culture and the need to Islamize France, even if that means using force.

The anti-Jewish atrocities by Hamas on October 7 reinforced a distrust of Islam, and for the first time in years, a majority of French people support Israel’s fight in the ongoing war.

An Islamist shouting “Allahu Akbar” on December 2 stabbed a German tourist to death near the Eiffel Tower. The murderer, again shouting, “Allahu Akbar!”, then attacked two more people, seriously wounding them. A government press release quickly mentioned that the killer was a French citizen, born in France, with the exceedingly French first name of Armand.

Then reality struck. Armand was indeed born in France in 1997, but his original first name was Iman (full name: Iman Rajabpour-Miyandoab) — until 2003, when his Iranian parents, who had fled the Islamic Republic, became French citizens and changed his name to Armand. In 2015-2016, he proclaimed his allegiance to the Islamic State (ISIS) and made contact on social networks with many Islamists who had perpetrated terror attacks in France in that time period, and he planned a terrorist attack in Paris.

Before he could execute his plan, in 2016, he was arrested and sentenced to five years in prison. He was released after four years, and placed on the state’s list of particularly dangerous individuals. On the afternoon of December 2, 2023, he filmed a video in which he announced that he wanted to “avenge the Muslims” and kill infidels – exactly what he did a few hours later. Commenting on the attack, Interior Minister Gérald Darmanin insisted that the murderer had been under “close monitoring” and “psychiatric treatment” and spoke of a “psychiatric failure”.

The murder was widely reported. Many journalists noted that the murder of a tourist in Paris by an Islamist ex-convict could create panic among foreign visitors, and the fact that an Islamic extremist considered dangerous by the authorities was walking about free could cause even more concern, especially with the mention of “psychiatric treatment”. Similarly, Kobili Traoré, who murdered Sarah Halimi in 2017 and was sent to a mental hospital, was recently declared not responsible for his actions and will soon be free.

What should cause concern in France, however, is the widespread rise in Islamic violence. Official statistics show that every day in France, there are on average 120 knife attacks, many of which result in death.

Although acts filled with Islamic hatred against non-Muslims are becoming more and more numerous, most are passed over in silence. Some, however, are so disgusting that the mainstream media cannot ignore them. The murder in Marseille, for instance, of Laura Paumier and Mauranne Harel, two young students slaughtered and disemboweled with a butcher’s knife by an illegal immigrant, Ahmed Hanachi, in front of a horrified crowd in 2017, delivered a particular shock. Similarly, again in Marseille, Mohamed L., a radicalized drug dealer, in 2022 slit the throat of Alban Gervaise, a military doctor, in front of his two young children while he was picking them up from school. Butchering a father in front of his children seemed particularly shocking and barbaric. On both occasions, the murderers were proudly shouting “Allahu Akbar”.

Jean-Baptiste Salvaing and Jessica Schneider, two police officers, were tortured and slaughtered in front of their young son at their home near Paris in 2016, by Larossi Abballa, an Islamist.

The murder of Fabienne Broly Verhaeghe, a 68-year-old nurse, in Lille on October 18, 2023, also reached a level of savagery difficult to imagine: Mohamed B., a 17-year-old illegal immigrant born in the Ivory Coast, broke into her apartment, then raped, scalped and disemboweled her, and cut off her hands.

On October 16, 2020, the beheading of Samuel Paty near the high school where he was taught, by Abdoullakh Anzorov, an 18-year-old Chechen refugee, led President Emmanuel Macron to promise actions that would allow teachers to work in complete safety. Nothing was done. Another teacher, Dominique Bernard, had his throat slit where he taught, in Arras, on October 13, 2023. The murderer, Mohammed Mogouchkov was a 20 years old Ingush refugee subject to an expulsion procedure.

Anti-Semitic attacks in France are also becoming ever more frequent, and have exploded since the atrocious attacks in Israel on October 7 by the terrorist group Hamas. In 2022, there were 436 anti-Semitic acts officially recorded in France. In the few weeks between October 7 and December 1, 2023, there were 1,518 anti-Semitic acts recorded, many of them physical assaults. From examining the police reports, done by the French National Bureau for Vigilance against Anti-Semitism, BNVCA, it is sadly clear that all of them apparently came from Islamic anti-Semites. From the murder of Sébastien Sellam in 2003 to that of Mireille Knoll in 2018, all murders of Jews in France have been committed by radicalized Muslims.

Jews throughout France can no longer wear skullcaps or a Star of David on the street. They remove their names from their mailboxes. “For the first time since 1945,” said French author Elisabeth Badinter, “many French Jews are afraid to the point of hiding.”

Ethnic Muslim gangs raid shopping centers and parties in rural villages. Most of these assaults are also never mentioned in the media. One, however, recently attracted attention: at a party on November 19 in the town hall of Crépol, a village of five hundred people, members of a Muslim gang armed with long butcher knives came from the neighboring town, Romans-sur-Isère. Shouting “We are coming to kill white people”, they attacked, murdering Thomas Perotto, aged 17, who had his throat slit. Seventeen other people were wounded, some seriously. Criminologist Xavier Raufer, asked about the attack, replied that raids like that take place throughout the country every week.

The government concealed the names of the attackers and clearly did everything it could to hide what had happened. A conservative journalist, Damien Rieu, obtained and disclosed them. Although the prosecutor in charge of the case received multiple testimonies that the attackers said they were “coming to kill white people,” authorities maintain that the motive for the attack is “unknown”.

On November 25, a group of young “right-wing” French people who had planned to demonstrate in Romans-sur-Isère were arrested by the police upon their arrival and taken before a judge. He accused them of an “intentional racist attack” and immediately sentenced them to six-to-ten months in prison. They had not attacked anyone. The banner they brought said only: “Justice for Thomas”. The sole victim of violence on that day was one of the French demonstrators who managed to elude the police. He was chased down in the town and later found naked and unconscious, his body lacerated, in the lobby of a building.

On November 29, French Prime Minister Elisabeth Borne proclaimed that the young people sent to prison deserved it and that they had embodied a “serious threat to democracy” in France: the “ultra-right”. The “ultra-right,” she added, cryptically, was even more dangerous than the “extreme right.” Not a word, however, about Islamic violence.

The French government is aware that Islamic “no-go zones” are growing and that riots can break out at any moment. In June 2023, a police traffic stop gone wrong led to the death of Nahel Merzouk, a 17 year old Muslim criminal, and resulted in three weeks of riots and destruction that spread to many towns. Although French authorities banned pro-Hamas demonstrations planned for October and November, they took place anyway, complete with anti-Jewish and anti-French chants. The police were ordered not to intervene.

The French mainstream media has spoken extensively about the “extreme danger posed by the ultra-right.” Again, not a word about Islamic violence.

Some commentators and political leaders, have spoken out all the same. Columnist Ivan Rioufol wrote:

“The racial outbreak which, in France, accompanied the satanic carnage of Hamas against Israeli civilians, revealed the state of tearing of the nation, close to rupture. Two irreconcilable Frances are already confronting each other in broad daylight: French France and Islamized France.”

Éric Zemmour, president of the Reconquest Party, wrote:

“Two peoples live in France, one of whom must constantly flee the attacks of an increasingly violent faction of the other, not only the attacks perpetrated with shouts of Allah Akbar, but this real daily jihad that the French suffer.”

Marine Le Pen, president of the National Rally, said:

“[M]any French people now feel it: no one is safe anywhere anymore. A new threshold has been crossed. We are witnessing organized attacks emanating from a certain number of criminogenic suburbs in which there are armed ‘militias’ carrying out raids.”

While the influence of fundamentalist Islam is less marked among older Muslims, 74% of Muslims between the ages of 18 and 25 in France say they place Islamic sharia law above the laws of the French Republic.

Television journalist Christian Malard, who had access to the results of confidential inquiries carried out for the French Ministry of the Interior, said they show that more than half of the imams in France proclaim the superiority of Islam over Western culture and the need to Islamize France, even if that means using force. Malard added that the main French Muslim organization, “Muslims of France,” which is the French branch of the Muslim Brotherhood — a movement banned in Saudi Arabia, the United Arab Emirates, Kuwait and Egypt — has a monopoly on training imams in France and has been infiltrating French universities, sports clubs and political parties.

“Left-wing” politicians and journalists, who try to demonize “far-right” parties by accusing them of anti-Semitism, are having trouble making the label stick. Zemmour is a Jew who strongly supports Israel. Le Pen’s party also supports Israel and denounces anti-Semitism without the slightest ambiguity. Accusing the Reconquest and the National Rally parties of “Islamophobia” no longer has any impact; Islamic violence spreading in France has convinced an increasing number of French people that it is legitimate to be afraid of Islam.

According to recent surveys, 78% of French people think that Islamism constitutes a mortal threat to France. 91% say they are worried or very worried about the sharp rise in violence in the country. The anti-Jewish atrocities by Hamas on October 7 reinforced a distrust of Islam, and for the first time in years, a majority of French people supported Israel’s fight in the ongoing war.

The main anti-Semitic party in France now is a leftist one, Rebellious France. Its leader, Jean-Luc Mélenchon, has accused Israel — not Hamas — of genocide, and has claimed that Hamas is a “resistance” movement. He concluded one of his recent meetings with, “Long live Gaza” and “Eternal glory to those who resist”.

If a presidential election were to take place in France today, Zemmour would receive more votes than he did in 2022, and Le Pen would top the first round of voting, receiving between 31% -33% of the votes, far more than in 2022. Whoever her opponent would be in the second round, she would easily win it.

An election victory for Le Pen would confirm that a huge change could still take shape within Europe. In Italy, Giorgia Meloni won the Italian legislative elections on September 25, 2022 by denouncing the Islamization of Europe, and became prime minister. On November 22, in the Netherlands, Geert Wilders’ party won the most seats in legislative elections.

Security expert Éric Delbecque, whose recent book, Permanent Insecurity , details the growing violence plaguing France, recently stated: “The French seem to understand that their country could die. They are beginning to react.”

Dr. Guy Millière, a professor at the University of Paris, is the author of 27 books on France and Europe.

*****

This article was published by the Gatestone Institute and is reproduced with permission.

Image Credit: Pixabay

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Weekend Read: ESG, DEI, and the Rise of Fake Reporting thumbnail

Weekend Read: ESG, DEI, and the Rise of Fake Reporting

By PAUL FRIJTERS, GIGI FOSTER,MICHAEL BAKER

We know that the modern West has developed a jaw-dropping degree of totalitarianism, wherein the bureaucracies of the state and the corporate sector coordinate together to cripple humans outside their power networks and media channels. But what are the mechanics of this coordination? To understand one of the games they play, consider the rise of measures and standards associated with DEI (Diversity, Equity, and Inclusion) and ESG (Environmental, Social, and Governance) – both occupants of a highly abstract thought dimension and the latter an especially incomprehensible word salad.

ESG as a phrase was coined in a 2006 United Nations report, gradually gaining adoption by private companies like BlackRock via the production of annual ESG reports. Governments then started supporting these voluntary efforts, and eventually began making them mandatory. Since early 2023, corporations in the EU have been compelled to report on ESG. Many US companies with subsidiaries in the EU must observe both US and European rules, and those in the Asia-Pacific region too are starting to follow the ESG reporting pantomime.

In brief, ESG originated at the level of the international and intellectual stratosphere and then grew, unchecked by tedious real-world constraints like scarcity and tradeoffs, as a kind of malignant joint venture between large government bureaucracies and large corporations.

This JV is a serious industry, offering lucrative money-making opportunities for consulting companies, fund managers, and assorted professionals who ‘help’ companies comply. Bahar Gidwani, co-founder of a company called CSRHub, a compiler and provider of ESG company ratings, estimates that the collection of ESG data alone is already costing companies $20 billion worldwide.

It is an expanding industry too, since the reporting requirements keep increasing: according to recent reports, the head of the US Securities and Exchange Commission estimates that the cost of ESG reporting by the companies it oversees could quadruple to $8.4 billion this year, primarily due to the introduction of more ESG requirements. And that’s just in the US.

Large reporting costs are easier for large companies to bear, which offers a clue to why they’re interested: this sort of burden, particularly when made compulsory by the state, helps them dominate their smaller competitors.

DEI is the younger brother of ESG. At present, DEI reporting is not yet compulsory, but about 16% of the biggest US firms have open DEI reports, and the DEI fad is growing, perhaps eventually to eclipse ESG. Just as with ESG, DEI originates from the grandiose world of fluffy abstractions, big corporations, and governments. Despite efforts to make it appear otherwise, it is not grassroots at all.

The Benign-Sounding Aims of ESG

ESG measures and reports are supposedly about gauging whether the activities of corporations are ‘sustainable,’ and especially whether companies are reducing their carbon footprints. DEI is about whether a company’s employment practices promote gender and race ‘equality,’ provide ‘safe spaces,’ and rely on global supply chains that adhere to ‘fair’ practices. Most reasonable people would agree that many of these stated goals sound worthwhile in principle. What is being advocated sounds caring and does not, on the face of it, appear to be destructive in any way.

Yet, talk is always cheap. How do these pretty ideas get operationalized when they confront the harsh reality of measurement? Let us delve into a leading example from a company report.

Grab Holdings from Singapore

Many Asian companies are ensnared in the ESG compliance system because they are listed on Western financial exchanges. One such company is the Singapore-based ‘superapp’ Grab Holdings, listed on the Nasdaq. Its customers mainly interact with Grab Holdings via a mobile phone app, where they can buy many different services (food delivery, e-commerce, ride-hailing, financial services, etc.), hence the term ‘superapp.’

Grab is unprofitable but very visible. For the first half of 2023, it lost $398 million, on top of the $1.74 billion it lost in 2022. However, it operates in businesses — particularly food delivery and ride-hailing — with serious environmental and human impacts across a vast region encompassing 400 cities and towns in eight Southeast Asian countries. To anyone living where Grab operates, its fast-moving, green-helmeted motorcycle riders are as familiar as yellow taxis are to New Yorkers or red double-decker buses are to Londoners.

Grab’s business model is inherently not great for the safety of its drivers and the public. Grab uses routing and other technology to match riders with deliveries and to minimise both wait time for drivers and delivery times to customers. Scheduling is highly efficient because of the technology, which is to say that drivers are on tight schedules with razor-thin commissions.

To make a buck, the drivers for Grab (and its competitors) have to be brave and aggressive on the road. Some are real daredevils – the Evel Knievels of Southeast Asia – as we have personally witnessed. Not only that, but there is stiff competition in each of the markets in which Grab operates. Grab itself says that 72% of its five million drivers do double duty, performing both food deliveries and ride-hailing services. This makes the company a more efficient service provider across both cut-throat businesses and gives drivers the opportunity to earn more money.

Despite the fact that it doesn’t make a profit — at least not yet — Grab splashed out to produce an ESG report that in its last iteration (2022) was 74 pages long and almost as heroic as its drivers.

The introductory pages are taken up with the usual marketing talk, replete with large photos of company motorbike drivers grinning from ear to ear because, well, they are just so grateful to be part of such a great organization. The uniforms in the photos are smart and clean, in contrast to the reality which is that the drivers’ green uniforms are almost always greasy and grubby and the drivers often look, understandably, stressed and morose.

Deeper into the ESG report, Grab gives us 5 pages on how admirably it is performing regarding road safety, 8 pages on greenhouse gas emissions, 1 on air quality, 4 on food packaging waste and 8 on inclusiveness.

Pantomime One: Road Safety

The part of the report on road safety is of special interest, since Southeast Asia’s roads have a deservedly deadly reputation for motorcyclists, and much of the mayhem is provided by the delivery drivers themselves. For example, one study in Malaysia reported that 70% of food delivery motorcyclists drivers broke traffic rules during delivery, and the kinds of violations covered the waterfront: illegal stopping, running red lights, talking on the phone while riding, riding in the wrong direction, and making illegal U-turns. The statistics on crashes involving these drivers make for grim reading.

Other studies based on rider surveys tell an even grimmer story. A 2021 survey of food delivery drivers in Thailand found that 66% of the more than 1,000 respondents had been in one to four accidents while working, with 28% reporting more than five. This squares with reputation: in countries like Thailand, where enforcement of traffic laws is the exception rather than rule, dangerous driving by two-wheelers is famously awful.

So it is with some surprise that one reads in Grab’s ESG report that there is only just under one accident for every million rides involving a Grab delivery driver. That is an incidence at least one hundred times lower than the incidence implied in self-reports. One may assume that many accidents involving delivery drivers are not reported to the company, particularly those involving no or minor injuries, or where the driver is concerned that he will lose his job.

This latter concern is not trivial, since Grab claims that it has a zero-tolerance policy toward violators of the company’s Code of Conduct, which includes failure to follow road rules. This means the count of accidents per ride is a shaky number at best. The report doesn’t really say where the company gets this number from, so it could well be made up out of thin air, though presumably whoever wrote it down had some rationale in mind. One might imagine something like “Sounds low, and dumb Westerners will believe it.”

Pantomime Two: Grab’s Strategy for Saving the Planet

After dispensing with the road safety issue, Grab’s ESG report moves on to how the company is saving the planet. The company’s greenhouse gas emissions rose during the course of the year because of ‘normalization’ after covid, but the report’s author disingenuously sidesteps the problem by saying that most of the emissions were made from vehicles that were owned by the ‘driver-partners’ rather than the company itself. So, with direct blame for GHG emissions dodged, the company’s priority is stated as to ‘support our driver-partners in transitioning to low emission vehicles and encouraging zero-emission modes of transport.’

It really isn’t clear how that fluffy ‘transition’ might come about, since conventional motorcycles are a cheap and convenient form of transport in Southeast Asia, easily outcompeting other available options for the coal-face work required by Grab’s business model. The report says it will encourage cycling, walking, and EVs. The first two are obviously out of the question in most instances for food delivery, and as for the third, for the overwhelming majority of two-wheeler drivers, upgrading to an EV is a pipe dream (or pipe nightmare, depending on how much they know about EV recharging, weight, and maintenance issues).

One of the beauties of Grab being a platform that connects eateries with drivers without actually operating restaurants itself is that – as with GHG emissions – food packaging waste isn’t really Grab’s direct responsibility. It is the responsibility of the restaurants and food manufacturers, like the owners of the factories that make all those nasty little sachets of ketchup, soy sauce, and other condiments.

Brilliant! With this sleight of hand squarely in frame, this part of the ESG report then writes itself as an exercise in hand-wringing, admitting with furrowed brow that food packaging waste is a serious problem, and stating that the company’s goal is ‘Zero packaging waste in Nature by 2040.’ Exactly what this means and how it is to be accomplished is shrouded in mystery, but to anyone whose beach holidays have ever been marred by the ugly sight of plastic litter on the shoreline, it sounds awfully good.

Pantomime Three: Equity, Diversity, and Inclusion

Most of this section of the report consists of descriptive marketing: saying all the right things and showcasing the occasional shining example, without getting into too much detail. The main statistics given are that 43% of Grab’s employees are women and 34% of those in ‘leadership positions’ are women. Well, maybe that could be true if one counts the few thousand direct employees, including a lot of secretaries, but omits the five million ‘driver-partners’ who are overwhelmingly male. The report also says that female employees earn 98% of what men do, which presumably means that the odd male secretary is treated just as badly as his female colleagues.

This section of the report showcases other inventive labeling. We are told the company has ‘Inclusion Champions,’ collectively a group of employees who ‘contribute to inclusion through crowdsourcing of ideas and on-ground feedback for better inclusion initiatives. They also help to identify and coach fellow Grab employees towards more inclusive behaviour, and will co-drive projects that help drive inclusion.’ Who knows what that really means? One might guess that ‘crowdsourcing ideas’ is the new term for having a suggestion box, and that pretty much every email sent by HR can be contrived to be a form of ‘inclusive’ coaching.

Grab’s report thus seems like it addresses ESG- and DEI-related issues, but no real-world mechanism ties them to actual outcomes, and there is no realistic external verification. Even seemingly simple things, like counting how much fuel a company buys directly for its processes and thereby estimating the size of its ‘carbon footprint,’ are like child’s play to game, as demonstrated by Grab’s masterly reporting: simply forcing workers and subsidiaries to buy their own fuel (compensated via higher wages or other things) will make the footprint of the company itself seem dramatically lower, while requiring nothing substantial to change. It’s all an elaborate show.

Who’s Asking for This Crap?

Though specious, unverifiable, and mostly made up, ESG reporting is a way to formally present a company’s ‘ESG performance.’ This performance can theoretically be ‘scored’ by some third party, and thereby compared with that of other companies. If ESG is valued highly by consumers, then companies that get high scores should attract a disproportionate amount of investment, meaning that their cost of capital will be lower than companies that don’t score so well – the magic through which a bullshit report is turned into a business opportunity.

This also makes delicious fodder for fund managers, who can bundle firms’ stock into ‘ESG funds’ or ‘sustainable funds’ or whatever, and charge investors fat fees for the privilege of investing in them. Fund managers also have another motivation to egg on more ESG reporting: their funds are designed not to green the world or make it a nicer place, but rather to highlight which companies will adapt best and thrive the most in a world where ‘progress’ toward ESG goals (for example, ‘net zero’) is actually being made.

How big is this market? According to Morningstar, by the end of the third quarter of 2023, global ‘sustainable’ funds numbered more than 7,600, of which nearly 75% were in Europe and 10% in the US. These funds had assets of $2.7 trillion. However, global inflows into these funds have been falling sharply since the first quarter of 2022. While they have still been attracting more inflows than non-sustainability funds in Europe, this is not true in the US. Amid waning interest in the US, fewer and fewer new ESG funds are being launched, and in 3Q2023 there were more ESG fund exits than new arrivals.

During the first two years of covid, American ESG stocks outperformed conventional stocks by a wide margin. This is not surprising since technology companies did rather well out of lockdowns, and they also have high ESG scores because of their lower carbon footprints than miscreant ‘old economy’ companies. Still, since the start of 2022, ESG stocks have fallen back and now are only just edging the market. Indicatively, in the seven quarters ending September 30, 2023, the S&P ESG Index was down 7.3%, while the S&P 500 was down 9.4%.

Importantly, many ESG fund investors themselves are government-type entities, like public pension funds, where the distance between investment decision and personal consequence is about as big as it gets. So often the ultimate payers for this circus are the general population whose pensions are, unbeknown to themselves, being used for virtue-signaling by public fund managers.

Who Wins and Who Loses?

Learning how to write up and cheat with these performance reports requires a lot of resources, but once a company antes up, the game becomes easy to play. ESG reporting is just one example of the broader reality that compliance with external bureaucracies requires largely a one-off fixed cost, and in this case the cost is often large enough to bankrupt a small firm. This means that, just as bizarre covid-era rules were a gift of competitive advantage to big companies, ESG and DEI reporting is a mechanism through which big companies can pressurise and even get rid entirely of smaller ones.

This, we think, is the reason why bullshit reporting is not getting pushback from the largest companies that don’t already have natural monopolies: plainly, it suits their purposes. They are big enough to absorb the cost without a major effect on the bottom line, and they are getting in return a stronger position in their markets. They naturally support the big bureaucracies that make these reports compulsory. Big consulting companies, and the aforementioned fund managers, also love the idea of compulsory reporting because it creates business for them.

On this very issue, Michael Shellenberger opined recently on Tucker Carlson’s channel that big traditional energy companies were led by cowards who had been “bullied into submission:” that the ESG movement had “used political activism and the pension funds to put pressure on the oil and gas industries to basically sell out their main product.” He called the ESG movement an “anti-human death cult” and asserted that “it’s finally becoming obvious to people that it’s a scam.” 

On the lattermost point, we hope he’s right.

Yet, the scam is still spreading, as there are plenty more unproductive people eager to climb aboard. The push for companies to jump on the ESG reporting bandwagon is not confined to the West. Regulators in Asia are also pushing — harder in some countries, like Singapore, than in others — to make ESG reporting mandatory rather than optional. Sensing a huge opportunity to divert valuable resources their way, a posse of consulting firms are also coming after companies to advise them on how they can bridge the ESG gap with the more advanced West. Companies in Asia are starting to fall in line and dutifully churn out their ESG reports, breathing more life into the scam.

Will This Eventually Crash and Burn?

Hard-nosed managers of big firms understand that bullshit reporting requirements can be a source of competitive advantage, causing financial distress for their smaller competitors. What is in the whole charade for the state bureaucracy and the corporate bureaucracy is that it makes them seem virtuous while creating a huge fog of mystery about what they are actually doing, thereby providing both jobs and cover.

Like the woke movement, ESG and DEI are at heart parasitical developments, originating from a decaying West, championed by the useless and the clueless, and benefiting the shrewd and the corrupt. 

Such malignancies weaken our society and should be discarded at the earliest opportunity. Much like Elon Musk showed the door to 80% of Twitter staff with no loss of functionality, and just as we have advocated previously that 80% of employment in ‘health’ professions is useless, so too do we think that firing all professionals whose primary business involves ESG and DEI can be done without any loss of functionality. We don’t think this will happen anytime soon.

If it were to happen, what would one do with all those unproductive workers who have been dining on the ESG/DEI word-salad gravy trains for months or years? Paying them to paint rocks for a while would at least get them out of the way. Better still, taking a cue from what the Ontario College of Psychologists has suggested recently for Jordan Peterson, these people could be taken into the field to help communities struggling with actual problems, involving actual trade-offs, as part of a reeducation and retraining program aimed at making them useful to their societies once again.

*****

This article was published by the Brownstone Institute and is reproduced with permission.

TAKE ACTION

As we move through 2023 and into the next election cycle, The Prickly Pear will resume Take Action recommendations and information.

Higher Education’s “Donor Revolt”: A Conversation with ACTA’s Michael Poliakoff and Emily Koons Jae (Part 1 of 2) thumbnail

Higher Education’s “Donor Revolt”: A Conversation with ACTA’s Michael Poliakoff and Emily Koons Jae (Part 1 of 2)

By Michael E. Hartmann

The American Council of Trustees and Alumni’s president and vice president talk to Michael E. Hartmann about philanthropic support of higher education and efforts to reform it—before and after October 7.

The American Council of Trustees and Alumni (ACTA) was founded in 1995 to bring the voices of alumni and then trustees to the important internal and external discourse about what American higher education should be and how it should be run, including the ways in which it should be funded.

In the wake of the horrific October 7 attack on Israel by Hamas, subsequent on-campus activities in defense of or actually outright promoting Hamas, and notably conspicuous silence from higher-ed administrators about the attack and those activities, there has been renewed attention to that funding by donors. This “donor revolt,” as some have aptly described it, has again raised many ACTA-like questions and concerns about such funding. Some high-profile donors have even withdrawn or suspended their support of particular higher-ed institutions.

Michael Poliakoff joined ACTA in 2010 as its vice president of policy and became its president in 2016. He is a former vice president for academic affairs at the University of Colorado and has served in senior positions at the National Endowment for Humanities, the National Council on Teacher Quality, the American Academy for Liberal Education, and the Pennsylvania Department of Education. He teaches at George Mason University and has taught at Georgetown University, George Washington University, Hillsdale College, the University of Illinois–Chicago, and Wellesley College.

Emily Koons Jae is ACTA’s vice president for development and philanthropy. She formerly directed its Fund for Academic Renewal, which offers helpful advice and guidance to existing and would-be higher-ed donors. She has also worked at the Commonwealth Foundation for Public Policy Alternatives in Pennsylvania and the Jack Miller Center.

Poliakoff and Jae were kind enough to join me for a conversation late last month. The almost-11-and-a-half-minute video below is the first part of our discussion; the second will [part] is hereIn the first part, they talk about ACTA’s mission and history, including the pace of higher-ed reform pre-October 7.

“One of my longtime colleagues says that she’d like to hang a banner outside our window … saying ‘We told you so.’ But our real job now is to fix what is broken,” Poliakoff tells me. “The warning lights have been flashing for a long time. Not everyone was willing to look at those warning lights, but now they have become so bright that they’re much harder to ignore and that can only be a good thing.

“Some good things were happening,” he says—citing adoption of the Kalven Committee report’s principles at the University of North Carolina-Chapel Hill, as well as the work of ACTA’s Campus Freedom Initiative, which “has won something on every campus that we have touched.”

“[T]he challenges to reform are real. They’re formidable,” according to Jae. But

higher education is too important to our society to abandon. … Unlike Vegas, what happens on college campuses doesn’t stay there. This illiberal ideology that we’ve seen take over workplaces, government, you name it—that started on college campuses. So I would encourage donors to not give up on reform efforts, because I think we can’t simply walk away from higher education.

In the conversation’s second part, Poliakoff and Jae talk more about the need for and nature of higher-ed reform in the wake of the October 7 Hamas attack and its aftermath—including on-campus pro-Hamas activities, their tolerance if not encouraged by administrators, and the “donor revolt” against all of it.

*****

This article was published by Capital Research and is reproduced with permission.

Image Credit: Capital Research


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As we move through 2023 and into the next election cycle, The Prickly Pear will resume Take Action recommendations and information.

Tax Planning For Freedom: The Arizona School Choice Trust thumbnail

Tax Planning For Freedom: The Arizona School Choice Trust

By Neland Nobel

This is the time of year when investors and individuals are thinking about tax planning. Many will be looking to take portfolio gains or losses to minimize taxation. Others will be looking for charitable deductions to achieve similar ends.

Is there a way to combine personal economic needs, and charitable instincts in a way that enhances freedom?

Yes, there is: contribute to the Arizona School Choice Trust.

ASCT is Arizona’s oldest STO (Scholarship Tuition Organization.) This organization pioneered the idea of school choice in Arizona, which in turn, led the nation in the direction of educational freedom. The vision of Jack and Isabelle McVaugh, coupled with the intellectual firepower of Nobel Prize-winning economist Milton Friedman, forever changed the landscape of education in Arizona and the nation.

The school choice movement is one of the few lasting changes conservatives and libertarians have been able to achieve.

Since the founding of public education, it was generally felt that children should attend a public school based on their geography. This often ignored the needs of the students and made students and parents captive of a monopoly system without the freedom to choose what was felt best for the student and the family.

As years went by, much of the educational system was captured by left-wing and teacher union forces, and now parents have to contend with poor educational outcomes, severe discipline and safety issues, and twisted morality.

At one time, public schools were pretty good in the country. Having attended public schools myself, that can be said as a fact. But those days are now gone and parents need the opportunity of choice. Having the choice is no longer a luxury, it is a necessity.

But not all parents can afford the choice.  ASCT still stays with its original mission of giving scholarships to attend school to those of lower income. Hence, the charitable function that was alluded to earlier. 

For every dollar you contribute (up to a limit of $2,609 for a married couple filing jointly in 2023), you get a dollar-for-dollar reduction in your Arizona state income tax obligation. For a single taxpayer for 2023, the limit is $1,307.

So, here is the deal: You get to reduce your taxes at the same time you help less fortunate children escape the bad schools they otherwise would be forced to attend. You get a dollar reduction in your tax burden for every dollar you give to a good cause.

You may call ASCT, ask questions, or donate by phone at 623-414-3429.

Or, you can visit their website at ASCT.org.

You may pay with a credit card if you wish.

*****

Image Credit: ASCT

TAKE ACTION

As we move through 2023 and into the next election cycle, The Prickly Pear will resume Take Action recommendations and information.

Arizona Secretary of State Allows Progressive Groups to Register Voters in Bulk Online, Then Scrubs the Groups’ Names from Its Website thumbnail

Arizona Secretary of State Allows Progressive Groups to Register Voters in Bulk Online, Then Scrubs the Groups’ Names from Its Website

By Rachel Alexander

Progressive organizations are aggressively registering new voters online using special online access implemented under Democratic election officials. In Arizona, the program was launched during COVID-19 in 2020 and is open to groups that intend to register more than 1,000 voters. There was very little news coverage of the program launch other than a press release, and the names of the progressive organizations are no longer listed on the Arizona Secretary of State’s website.

Last year, the list of the progressive groups granted access under then-Secretary of State Katie Hobbs was prominently displayed on the site including Chicanos por La Causa, Mi Familia Vota, Equality Arizona, Inspire 2 Vote, One Arizona, Rock the Vote, and The Civics Center. Additionally, three other organizations that nominally sound nonpartisan but lean to the left were the Arizona Student’s Association, the Phoenix Indian Center, and the Arizona Center for Disability Law.

The Republican, Democrat, and Libertarian parties were listed, but Florence Smith, a precinct committeewoman in Legislative District 8, told Republican Briefs that the Republican Party was unaware of the service. No other right-leaning groups were listed, even though there are several known for registering voters in Arizona, such as Americans for Prosperity and Citizens for Free Enterprise.

The secretary of state’s office defended the lack of participation by conservative organizations by pointing out the sole inclusion of the Republican Party. Since the initial trial rollout of the 2022 program, there are likely many more organizations now approved for 2023.

IRS regulations prohibit targeting the registration of new voters by political party. However, a recent report from Restoration of America found that “nonprofits ran biased registration campaigns using data on where certain demographics live and how they vote.” The report looked at two sister nonprofits founded by a Democratic operative that did this outreach, the Voter Participation Center (VPC) and the Center for Voter Information (CVI). VPC boasted that it was “‘dedicated to increasing the share of unmarried women, people of color, Millennials, Gen Z, and other historically under-represented groups in the electorate’ — which happen to be the Democratic Party’s core constituencies.”…..

*****

Continue reading this article at The Arizona Sun-Times.

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As we move through 2023 and into the next election cycle, The Prickly Pear will resume Take Action recommendations and information.

Were You Surprised? thumbnail

Were You Surprised?

By Bruce Bialosky

Because of my background as a weekly journalist, a committed Jew, and a former member of the U.S. Holocaust Memorial Council, I have been asked many times recently “Are you surprised by the level of anti-Semitism that occurred after October 7th”? My answer is NO.

My question is why anyone is surprised by the large crowds gathered to support a group (Hamas) that closely resembles the Nazis and proudly revels in the fact they successfully butchered 1,200 Jews in one day in their sneak attack on civilians.

Does anyone really believe most of the people in the rabble know what they are protesting? What the cause is really about? Enough on-site interviews validate their ignorance. It is astonishing that any woman in the United States or Europe is out marching for this cause when they live in societies that have advanced the rights of women to the highest point in history. Odder still are Gays and the related alphabet soup cheering a group that would be happy to bury them alive.

This has been brewing for years. The leaders of this thinking have been working for half a century to overturn the underpinnings of our society. Names like Angela Davis, Herbert Marcuse, Derrick Bell, and Paulo Freire became the intellectual leaders of the movement. Instead of being vilified, they were at first tolerated and then venerated. They were allowed to create disciples that permeated the establishment and created a new system of counterculture that became part of the establishment.

They used Harvard University as the fulcrum but then spread their Marxist thinking throughout the education system. The fascinating part is universities are funded through the largess of capitalists and successful entrepreneurs donating gobs of money. The desire to receive false prestige by seeing their names on buildings masked any understanding they were funding parties interested in destroying the very core of the contributors’ beliefs.

They created an environment in which they lived a cushy lifestyle while duping the average American into funding their excesses. And then they spread their Marxist beliefs like every other group interested in changing the status quo. These individuals and their disciples taught classes six hours a week, then spent the remainder of their time creating documents and doctrines to destroy the very essence of the American dream. They sucked our economy dry of billions through student loans while attending soirees where they denigrated the system that was feeding them and their elevated lifestyle.

Then they created their own vocabulary with terms that made little sense, like “Intersectionality” and “Diversity, Equity and Inclusion (DEI),” “Settler Colonialism” and “Environmental, Social and Governance (ESG).” They told people if they did not go along with their perverse thinking, the people were racist. Nothing strikes at the core of a liberal, committed American who follows the rules like being called a “racist.” The liberals bowed to their twisted thinking.

Every university hired teams of DEI officers. Every Fortune 100 company danced to their tune. They disguised their Marxism with race-based terminology. cowered their victims into turning these Marxists into affluent operators of programs training people to hate the essence of their existence. The plotters must have enjoyed a huge laugh as they saw the masses pay to be degraded as they do in the DEI training classes.

We then saw our society’s humiliation during 2020 as destruction ravaged our cities in the name of a man who was nothing more than a common criminal. The Marxists will use any excuse to destroy our society. The populace was hoodwinked into exalting groups like BLM which were self-declared Marxists and anti-Semites. The capitalists poured millions into organizations organized to tear down the essence of capitalism and freedom. Riots were incited with the creation of inflammatory rhetoric. Again, we did nothing to stop them.

They worked the system to have the shamed people put in place laws and people that dismantled our justice system. Liberals willingly changed the law to allow people to steal up to $950 without fear of retribution, then people were horrified when mobs attacked and pillaged their local stores. The criminals had been given license to do such by your average American who the mobs and their leaders consider repulsive.

On October 7th, the crowds of people generated by these Marxists and their milieu once again marched in the street. Is it a surprise? I have asked people for years to name one Leftist/Marxist who is not an anti-Semite. They can never cite one in history. They may call themselves “Socialists” or “Democratic Socialists” or some even call them that soothing term – “Progressive” — but they all hate Jews and especially Israel.

They try to segregate Jews and Zionism, but that is not worthy of discussion. If you are anti-Zionism, you are an anti-Semite. Period.

As usual, Jews are the “canaries in the coal mine.” Many business leaders woke up to the dangers of these people as they marched in support of the modern-day Nazis. They came to realize the operations (charities and universities) they supported bred abhorrent beliefs. So many Jews who thought the haters were their friends woke up to the reality that at best the Jews were tolerated but more likely disdained.

It was not the haters out marching that shocked the people. There is a certain breed of Muslims trained to hate Jews, but not all. That is evidenced by the advances of the Abram Accords. The others who ballooned the crowds were Marxists who were bred by the universities and their evil cohorts.

Why do they hate the Jews? That is an eternal question. They hate the people who provided the concept that people have a free will and that all men and women are created equal. That is too much to bear as these people want to control our lives and tell us what to do and believe.

Hopefully, Americans, and particularly Jewish Americans, have been awoken to the fact the Left in our advanced societies are the ones breeding anti-Semites. They abided by all their new rules yet found out the crowd still shunned them. It is time to defeat them and their ilk and tell them America is the shining city on the hill. We want to maintain the country that has provided the most free and advanced society in history. And we will do what we must to make sure that Israel will be there with America for eternity.

As I have stated again and again, support for Israel is not a Jewish value. It is an American value.

*****

This article was published in Flash Report and is reproduced with permission from the author.

TAKE ACTION

As we move through 2023 and into the next election cycle, The Prickly Pear will resume Take Action recommendations and information.

Are you surprised by the level of anti-Semitism that occurred after October 7th? thumbnail

Are you surprised by the level of anti-Semitism that occurred after October 7th?

By Bruce Bialosky

Because of my background as a weekly journalist, a committed Jew, and a former member of the U.S. Holocaust Memorial Council, I have been asked many times recently “Are you surprised by the level of anti-Semitism that occurred after October 7th”? My answer is NO.

My question is why anyone is surprised by the large crowds gathered to support a group (Hamas) that closely resembles the Nazis and proudly revels in the fact they successfully butchered 1,200 Jews in one day in their sneak attack on civilians.

Does anyone really believe most of the people in the rabble know what they are protesting? What the cause is really about? Enough on-site interviews validate their ignorance. It is astonishing that any woman in the United States or Europe is out marching for this cause when they live in societies that have advanced the rights of women to the highest point in history. Odder still are Gays and the related alphabet soup cheering a group that would be happy to bury them alive.

This has been brewing for years. The leaders of this thinking have been working for half a century to overturn the underpinnings of our society. Names like Angela Davis, Herbert Marcuse, Derrick Bell, and Paulo Freire became the intellectual leaders of the movement. Instead of being vilified, they were at first tolerated and then venerated. They were allowed to create disciples that permeated the establishment and created a new system of counterculture that became part of the establishment.

They used Harvard University as the fulcrum but then spread their Marxist thinking throughout the education system. The fascinating part is universities are funded through the largess of capitalists and successful entrepreneurs donating gobs of money. The desire to receive false prestige by seeing their names on buildings masked any understanding they were funding parties interested in destroying the very core of the contributors’ beliefs.

They created an environment in which they lived a cushy lifestyle while duping the average American into funding their excesses. And then they spread their Marxist beliefs like every other group interested in changing the status quo. These individuals and their disciples taught classes six hours a week, then spent the remainder of their time creating documents and doctrines to destroy the very essence of the American dream. They sucked our economy dry of billions through student loans while attending soirees where they denigrated the system that was feeding them and their elevated lifestyle.

Then they created their own vocabulary with terms that made little sense, like “Intersectionality” and “Diversity, Equity and Inclusion (DEI),” “Settler Colonialism” and “Environmental, Social and Governance (ESG).” They told people if they did not go along with their perverse thinking, the people were racist. Nothing strikes at the core of a liberal, committed American who follows the rules like being called a “racist.” The liberals bowed to their twisted thinking.

Every university hired teams of DEI officers. Every Fortune 100 company danced to their tune. They disguised their Marxism with race-based terminology. cowered their victims into turning these Marxists into affluent operators of programs training people to hate the essence of their existence. The plotters must have enjoyed a huge laugh as they saw the masses pay to be degraded as they do in the DEI training classes.

We then saw our society’s humiliation during 2020 as destruction ravaged our cities in the name of a man who was nothing more than a common criminal. The Marxists will use any excuse to destroy our society. The populace was hoodwinked into exalting groups like BLM which were self-declared Marxists and anti-Semites. The capitalists poured millions into organizations organized to tear down the essence of capitalism and freedom. Riots were incited with the creation of inflammatory rhetoric. Again, we did nothing to stop them.

They worked the system to have the shamed people put in place laws and people that dismantled our justice system. Liberals willingly changed the law to allow people to steal up to $950 without fear of retribution, then people were horrified when mobs attacked and pillaged their local stores. The criminals had been given license to do such by your average American who the mobs and their leaders consider repulsive.

On October 7th, the crowds of people generated by these Marxists and their milieu once again marched in the street. Is it a surprise? I have asked people for years to name one Leftist/Marxist who is not an anti-Semite. They can never cite one in history. They may call themselves “Socialists” or “Democratic Socialists” or some even call them that soothing term – “Progressive” — but they all hate Jews and especially Israel.

They try to segregate Jews and Zionism, but that is not worthy of discussion. If you are anti-Zionism, you are an anti-Semite. Period.

As usual, Jews are the “canaries in the coal mine.” Many business leaders woke up to the dangers of these people as they marched in support of the modern-day Nazis. They came to realize the operations (charities and universities) they supported bred abhorrent beliefs. So many Jews who thought the haters were their friends woke up to the reality that at best the Jews were tolerated but more likely disdained.

It was not the haters out marching that shocked the people. There is a certain breed of Muslims trained to hate Jews, but not all. That is evidenced by the advances of the Abram Accords. The others who ballooned the crowds were Marxists who were bred by the universities and their evil cohorts.

Why do they hate the Jews? That is an eternal question. They hate the people who provided the concept that people have a free will and that all men and women are created equal. That is too much to bear as these people want to control our lives and tell us what to do and believe.

Hopefully, Americans, and particularly Jewish Americans, have been awoken to the fact the Left in our advanced societies are the ones breeding anti-Semites. They abided by all their new rules yet found out the crowd still shunned them. It is time to defeat them and their ilk and tell them America is the shining city on the hill. We want to maintain the country that has provided the most free and advanced society in history. And we will do what we must to make sure that Israel will be there with America for eternity.

As I have stated again and again, support for Israel is not a Jewish value. It is an American value.

*****

This article was published in Flash Report and is reproduced with permission from the author.

TAKE ACTION

As we move through 2023 and into the next election cycle, The Prickly Pear will resume Take Action recommendations and information.

Niall Ferguson: The Treason of the Intellectuals thumbnail

Niall Ferguson: The Treason of the Intellectuals

By Niall Ferguson

Anyone who has a naive belief in the power of higher education to instill morality has not studied the history of German universities in the Third Reich.

In 1927 the French philosopher Julien Benda published La trahison des clercs—“The Treason of the Intellectuals”—which condemned the descent of European intellectuals into extreme nationalism and racism. By that point, although Benito Mussolini had been in power in Italy for five years, Adolf Hitler was still six years away from power in Germany and 13 years away from victory over France. But already Benda could see the pernicious role that many European academics were playing in politics.

Those who were meant to pursue the life of the mind, he wrote, had ushered in “the age of the intellectual organization of political hatreds.” And those hatreds were already moving from the realm of the ideas into the realm of violence—with results that would be catastrophic for all of Europe.

A century later, American academia has gone in the opposite political direction—leftward instead of rightward—but has ended up in much the same place. The question is whether we—unlike the Germans—can do something about it.

For nearly ten years, rather like Benda, I have marveled at the treason of my fellow intellectuals. I have also witnessed the willingness of trustees, donors, and alumni to tolerate the politicization of American universities by an illiberal coalition of “woke” progressives, adherents of “critical race theory,” and apologists for Islamist extremism. 

Throughout that period, friends assured me that I was exaggerating. Who could possibly object to more diversity, equity, and inclusion on campus? In any case, weren’t American universities always left-leaning? Were my concerns perhaps just another sign that I was the kind of conservative who had no real future in the academy?

Such arguments fell apart after October 7, as the response of “radical” students and professors to the Hamas atrocities against Israel revealed the realities of contemporary campus life. That hostility to Israeli policy in Gaza regularly slides into antisemitism is now impossible to deny.

I cannot stop thinking of the son of a Jewish friend of mine, who is a graduate student at one of the Ivy League colleges. Just this week, he went to the desk assigned to him to find, carefully placed under his computer keyboard, a note with the words “ZIONIST KIKE!!!” in red and green letters.

Just as disturbing as such incidents—and there are too many to recount—has been the dismally confused responses of university leaders.

Testifying before the House Committee on Education and the Workforce last week, Harvard President Claudine Gay, MIT President Sally Kornbluth, and University of Pennsylvania President Elizabeth Magill showed that they had been well-briefed by the lawyers their universities retain for such occasions.

They gave technically correct explanations of how First Amendment rules apply on their campuses—if they did apply. Yes, context matters. If all students did was chant “From the river to the sea,” that speech is protected, so long as there was no threat of violence or “discriminatory harassment.”

But the reason Claudine Gay’s carefully phrased answers on Tuesday infuriated her critics is not that they were technically incorrect, but that they were so clearly at odds with her record—specifically her record as dean of the Faculty of Arts and Sciences in the years 2018–2022, when Harvard was sliding to the very bottom of the rankings for free speech at colleges.

The killing of George Floyd happened when Gay was dean. Six days after Floyd’s death, she published a statement on the subject that suggests she felt personally threatened by events in distant Minneapolis. Floyd’s death, she wrote, illustrated “the brutality of racist violence in this country” and gave her an “acute sense of vulnerability.” She was “reminded, again, how even our [i.e., black Americans’] most mundane activities, like running. . . can carry inordinate risk. At a moment when all I want to do is gather my teenage son into my arms, I am painfully aware of how little shelter that provides.” In nothing that Gay said last Tuesday did she seem aware that Jewish students might have felt the same way after October 7.

In a memorandum to faculty on August 20, 2020, she wrote: “The calls for racial justice heard on our streets also echo on our campus, as we reckon with our individual and institutional shortcomings and with our Faculty’s shared responsibility to bring truth to bear on the pernicious effects of structural inequality.” Gay continued: “This moment offers a profound opportunity for institutional change that should not and cannot be squandered. . . . I write today to share my personal commitment to this transformational project and the first steps the FAS will take to advance this important agenda in the coming year.”

As the great German sociologist Max Weber rightly argued in his 1917 essay on “Science as a Vocation,” political activism should not be permissible in a lecture hall “because the prophet and the demagogue do not belong on the academic platform.” This was also the argument of the University of Chicago’s 1967 Kalven Report that universities must “maintain an independence from political fashions, passions, and pressures.”

This separation between scholarship and politics has been entirely disregarded at the major American universities in recent years. Instead, our most elite schools have embraced the kind of “institutional change” that Gay has championed. Look where it has led us.

*****

Continue reading this article at The Free Press.

Image Credit: Wikimedia Commons

TAKE ACTION

As we move through 2023 and into the next election cycle, The Prickly Pear will resume Take Action recommendations and information.

Iran’s Implausible Deniability thumbnail

Iran’s Implausible Deniability

By Jay Mens

The terror state and its various proxy militias—including Hamas—are obviously acting in concert. Why won’t the U.S. admit it?

The Biden administration came into office with the pledge to take the U.S. off a “war footing” with Iran, which the incoming team said had characterized the term of its predecessor. “De-escalation,” as the administration called it, is the way we would achieve peace in the region. Tehran would not be held to account for its malign activities, whether they were conducted directly or through its extensive regional network of proxies. If anything, the Biden team telegraphed, Iran would be rewarded.

As recently as September, the administration was congratulating itself on its approach: “The Middle East region is quieter today than it has been in two decades,” National Security Adviser Jake Sullivan famously declared. The slaughter of at least 1,200 Israelis, and more than 30 Americans, at the hands of Iranian proxies has not made a dent in the administration’s worldview. On the contrary, the White House’s overriding concern over the last month has been to artificially distance Iran from the Oct. 7 massacre and the subsequent attacks on U.S. bases and personnel in the region.

The separation is absurd on its face. This year alone, before and after Oct. 7, there have been dozens of meetings, in Lebanon and Iran, between Hamas, Hezbollah, Palestinian Islamic Jihad (PIJ), and the Iranian command. These groups, in addition to the Houthis in Yemen, and a host of Iraqi Shiite militias all belong to what they call the “axis of resistance.” The axis is an Iranian creation: ideologically, financially, operationally, and strategically. Iran is the state power that undergirds this network of armed groups, providing them with funds, weapons, and guidance in the service of Iranian geopolitical interests. Tehran does not merely back these militias. To a huge degree, it controls them.

By obfuscating Iran’s role, the Biden administration is validating Tehran’s regional strategy, thereby shielding it against retaliation.

And yet, the administration has been at pains to deny Iran’s involvement in the Oct. 7 massacre, pushing back against a series of media reports that highlighted Iran’s role in the planning, training, and timing of the attack. The reports make clear that coordination between Iran and its so-called “joint operations room” in Lebanon (which includes Hamas, Hezbollah and PIJ) was constant, a fact made evident by the frequent visits to Beirut by top Iranian officials, especially Esmail Qaani, commander of the Revolutionary Guard’s (IRGC) Quds Force, in the months and weeks before Oct. 7. Hamas and PIJ leaders like Saleh al-Arouri and Ziad Nakhaleh, both of whom are based in Lebanon under Hezbollah’s protection, held regular meetings in Beirut and in Tehran with Hezbollah’s Secretary General Hassan Nasrallah and the Iranian leadership.

Since then, Tehran’s direct involvement has been even more visible. Qaani has been in Lebanon almost continuously since Oct. 8, overseeing the joint operations room. But none of that matters to the Biden administration. When asked about Iranian communication with Hezbollah during the ongoing attacks on Israel from south Lebanon, National Security Council spokesman John Kirby said he wasn’t “aware of anything overt.” Apparently, the commander of the Quds Force camping out in Lebanon for the past month doesn’t count.

To justify this posture toward Iran, administration officials insist they are preventing a “broader regional escalation” which would encompass Iran and Hezbollah, and thereby draw in the U.S., endangering American personnel in the region. The problem is that, since Oct. 17, Iranian-controlled militias have conducted more than 60 attacks against U.S. bases in Iraq and Syria. At least 62 American soldiers have been injured in these attacks.

It should come as no surprise that the Iranians have primarily targeted American forces. Iran views Israel as an American proxy: Take away American backing and Israel collapses. Hence, while most observers have been focused on the possibility of Iranian action against Israel, Iran’s strategy has been to turn up the heat on the United States, in order achieve the objective of forcing a permanent cease-fire in Gaza. That would entail Hamas’ survival, and, consequently, a humiliating defeat for Israel. Iran also wants Washington to restrain Israeli action against Hezbollah, which is Tehran’s main point of leverage over Jerusalem.

It’s a risky proposition for Iran to target the U.S. itself. Regional proxies offer Iran a degree of separation. This façade—known as “plausible deniability”—allows Iran to wage cost-free proxy warfare. But for it to work, the U.S. must play along and subscribe to the fiction that Iran and the militias it arms, funds, and trains are totally distinct.

By obfuscating Iran’s role, the Biden administration is validating Tehran’s regional strategy, thereby shielding it and its key assets against retaliation. Hence, Washington has publicized its opposition to any Israeli “preemptive strike” against Hezbollah in Lebanon. President Biden has sent his special envoy, Amos Hochstein, to Israel and Lebanon to confirm that Beirut enjoyed an American protective umbrella. The administration also signaled that it would hold Israel responsible for any conflagration in the north, leaking that Israel was “trying to provoke” Hezbollah. Should that happen, the administration was hinting, Israel would be blamed for any subsequent attacks on U.S. assets…..

*****

Continue reading this article at Tablet Magazine.

Image Credit: Wikimedia Commons

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Newly Proposed Bill Plots A Novel Attack On Americans’ Gun Rights thumbnail

Newly Proposed Bill Plots A Novel Attack On Americans’ Gun Rights

By Katelynn Richardson

Independent Sen. Angus King of Maine and Democratic Sen. Martin Heinrich of New Mexico are taking a new approach to gun regulation with a recently introduced bill.

The senators positioned their Gas-Operated Semi-Automatic Firearms Exclusion (GOSAFE) Act, which was introduced in late November and would “regulate the sale, transfer, and manufacture of gas-operated semi-automatic weapons,” as regulations on “especially dangerous” mechanical features, according to the press release. The distinction allows them to pitch the legislation as a way to promote safety while also protecting constitutional rights to own a firearm for “self-defense, hunting, and sporting purposes,” but opponents of the bill say that it still infringes on the Second Amendment.

“Even if they were to pass the law, it’ll never pass constitutional muster, and it will be struck down,” Aidan Johnston, director of federal affairs for Gun Owners of America, told the Daily Caller News Foundation. “These senators just need to leave our rights alone and let Americans defend themselves with modern self defense technologies.”

Under the GOSAFE Act, rifles and shotguns would be required to operate with 10 rounds or less and handguns with 15 or less, according to the bill. Magazines must be “permanently fixed,” restricting detachable magazines that cut down on loading time. (RELATED: Appeals Court Delivers Blow To New York Concealed Carry Law)

Senate Republicans blocked Democrats’ bid Wednesday to reintroduce the assault weapons ban passed in 1994, which expired after 10 years, and to pass universal background checks legislation. Heinrich, who voted against renewing late Democratic Sen. Dianne Feinstein of California’s assault weapons ban in 2013, said in an interview with the Associated Press this week that his intent with the latest legislation was to figure out how to create “a regulatory structure that is not focused on the individual firearm model, but the mechanical properties that make these things dangerous.”

“I focused on those mechanics rather than on cosmetic features that individuals or even manufacturers can quickly modify,” Heinrich explained during a press conference on his legislation Tuesday. “These mechanisms are what allow civilian mass shooters to walk into public spaces, destroy human life at an incredible pace, and sometimes even outgun law enforcement.”

Randy Kozuch, executive director of the National Rifle Association’s Institute for Legislative Action, said in a statement that the act bans “the very types of firearms and magazines most often utilized by Americans for defending themselves and their families.” (RELATED: The Supreme Court Is Taking Up Another Major Second Amendment Case. Here’s What You Need To Know)

“This bill unjustly and improperly places the full burden of the law on law-abiding residents, while doing nothing to take guns out of the hands of dangerous criminals,” Kozuch said.

“There is no path forward for legislation of this nature that would deprive law-abiding citizens the ability to lawfully possess the firearm of their choosing and the full spectrum of their Second Amendment rights,” Senior Vice President and General Counsel of the Firearm Industry Trade Association (NSSF) Lawrence G. Keane said in a statement.

Democratic Sens. Mark Kelly of Arizona and Michael Bennet of Colorado are also co-sponsors of the bill.

*****

This article was published by The Daily Caller News Foundation and is reproduced with permission.

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Arizona Chamber Writes Biden Admin Warning About EPA Proposal thumbnail

Arizona Chamber Writes Biden Admin Warning About EPA Proposal

By Cameron Arcand

The Arizona Chamber of Commerce and Industry is one of the many organizations that signed a letter to the Biden administration asking them not to raise the standards for particulate matter.

The letter includes signatures from leaders all over the country, including many manufacturing, mining, and oil and gas associations, asking them not to implement the proposal that’s being looked into by the White House. The opponents say it could make certain projects harder to abide by environmental standards and have the potential to harm economic development.

“The undersigned state and regional associations representing sectors and industries across the U.S. economy urge you to maintain the existing National Ambient Air Quality Standards for particulate matter (PM2.5),” the letter states.

“This proposal could put nearly 40% of the U.S. population in areas of nonattainment, risking jobs and livelihoods across the nation and making it significantly more difficult to obtain permits to build new factories, bridges, and roads that will power our economic growth,” the letter continues. “Implementation of the Infrastructure Investment and Jobs Act, the CHIPS and Science Act, and the Inflation Reduction Act have the potential to infuse substantial investments into our states and communities, but all of that is now threatened by the permitting restrictions that would flow from this proposal.”

The Center Square reported in May that Phoenix could be one of the cities likely impacted by the proposed standard increase, as the city is already considered to be a “nonattainment” area for both PM10 and ozone, according to the Arizona Department of Environmental Quality website.  

“The best example: despite hosting some of the nation’s fastest population and economic growth over the past three decades, Arizona’s overall air quality has actually improved. We fear the EPA’s proposal to more stringently regulate fine particulates known as PM2.5 will create dubious public health and environmental benefits, but will cost jobs and hurt employers at a time they can least afford it. This EPA plan needs to return to the drawing board,” Danny Seiden, president and CEO of the Arizona Chamber of Commerce and Industry, told The Center Square in a statement at the time.

Even though they oppose the possible increase, the signers of the letter told Jeff Zients, who is the White House Chief of Staff, that they want to keep the current standards.

“We strongly encourage your administration to maintain the existing standards, which will ensure that we remain among the countries with the cleanest air in the world while also supporting much-needed economic growth,” the letter states. 

*****

This article was published by the Center Square and is reproduced with permission.

Image Credit: Shutterstock

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When a Sportswoman Dies at the Hands of a Male-Born Trans Athlete, Will Congress STILL Call Me a “Transphobe”? thumbnail

When a Sportswoman Dies at the Hands of a Male-Born Trans Athlete, Will Congress STILL Call Me a “Transphobe”?

By Riley Gaines

When someone resorts to name-calling, it’s usually because they know they’re fighting a losing battle.

They childishly attack their opponent, rather than trying to argue with clear facts.

But to witness – and be the target of – such low-level mudslinging in Congress, the beating heart of American democracy, was especially shocking.

At a committee hearing on the impact of male inclusion in women’s sports earlier this week, Democratic ‘Squad’ member Summer Lee launched an extraordinary preemptive attack in her opening remarks.

‘We’re likely to be forced to listen to transphobic bigotry,’ she warned nonchalantly as if her one-sided opinion was indisputable truth.

I was appalled.

How dare a sitting member of Congress trash as hateful bigots those who had come to speak about their own experiences and stand up for women’s rights – despite the grave risk of death threats and physical violence.

And so, when I was eventually allowed to talk, I responded.

If I was ‘transphobic’, then Lee’s opening monologue – defending the right of male-born individuals to compete in and take women’s sporting titles –made her a ‘misogynist’.

It was a quick quip in self-defense, but it is also painfully true.

Lee and the rest of the Democrats in the room went into a tailspin.

She dramatically stopped the hearing and demanded my response be struck from the record – typical of the one-way censorship demanded by trans extremists.

As well as excluding us from our own sports, must women now also be erased from the debate entirely?

Thankfully, Lee’s request was unsuccessful. Congressional records still show she is a misogynist.

How has it come to this?

Why is it more politically expedient for those on the Left to prioritize the whims of the trans lobby – a tiny but vocal minority – over the rights of millions of women and girls in every arena from sports to safety in prisons, domestic violence shelters, changing rooms and health settings.

Far too few are willing to take a public stance. I don’t blame people. The daily harassment I have received since I first started speaking out against trans swimmer Lia Thomas in earlier 2022 has been tough to weather.

But I refuse to stay silent. I’ve shelved plans to become a dentist and have instead committed myself to defending women for as long as it requires.

Though why, you might fairly ask, should it take a 23-year-old woman to hold our leaders to account when so much is at stake?

Why, for instance, isn’t the world joining in round condemnation of that shocking cycling podium this week?

Two males – Tessa Johnson and Evelyn Williamson – unashamedly masculine and standing proudly in first and second place of the women’s Single Speed category at the Illinois State Cyclocross Championships on Sunday.

The only female on the podium won bronze.

Is this what the feminist movement fought for?

Because two males atop a women’s podium seem to me like the perfect embodiment of the oppressive patriarchy that leftists love to scream about.

What hope is there for young sportswomen – like I once was – who have spent their whole lives training tirelessly, missing social events, eating carefully, paining for success within a tiny window of opportunity?

How can their mothers and grandmothers look them in the eye and tell them truthfully that hard work pays off?

Many people will know my story by now, tying at the NCAA Championships last year with 6’4′ Thomas, who had swum three years prior on a men’s team.

I was denied the trophy and told it was crucial that Thomas be seen holding it in front of the cameras. Despite achieving the exact same time, I had to go home empty handed.

Would I have sacrificed so much had I known that my success would be so cruelly snatched from me? Absolutely not.

But this isn’t just about unfairness, it’s about a grave danger to women’s safety.

In non-contact sports like swimming – as with much of cycling – competitors remain in their own lanes, posing little risk to each other. Perhaps that’s what makes it so easy for hardliners like Rep. Lee to sneer at my Congressional testimony.

But what about contact sports?

Already, the troubling headlines are trickling in.

In 2021, footage of trans MMA fighter Alana McLaughlin holding Celine Provost in a chokehold, Provost’s blood smeared on the floor, shocked the world.

In 2022, 18-year-old Payton McNabb suffered debilitating head and neck injuries after a trans student hit her in the face during a volleyball game in North Carolina.

More than a year later, McNabb is still recovering – suffering impaired vision and partial paralysis.

When will it be enough?

How many female athletes must suffer at the hands of biological males? If injuries like McNabb’s won’t stop this forward march of insanity in its tracks, must we – God forbid – suffer a death for our cause to be heard?

In less than a month we will once again be in an Olympics year. And as we look to Paris in July, I am in no doubt that we will bear witness to many more trans athletes like Laurel Hubbard – the New Zealand weightlifter who competed in a women’s category at the delayed Tokyo 2020 games – taking the places and podiums of real women.

All polling shows an overwhelming silent majority understands and sees this madness for what it is.

My appeal to women everywhere is that silence now means complicity. It is time we all called out the misogynists.

*****

This article was published by The Independent Women’s Forum and is reproduced with permission.

Image Credit: Gage Skidmore

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Interesting Charts For Provocative Thoughts II thumbnail

Interesting Charts For Provocative Thoughts II

By Neland Nobel

We like to call this the “peculiar math of corrections” because at first, it does not make sense. Suppose you buy a stock and it falls by 50%.  If the stock comes back 50%, you will break even, right?  No, if an investment falls 50%, it must come back 100%.  Could that happen?  Well, yes it can and has happened.  Just back in the 2007-2009 financial crisis, the broad market fell by 55%, which then required the market to rise 122%, just to break even. The market did recover like that, but it takes time.  The key takeaway is if you are older, and lack time, buy and hold may not work for you.  If you ride into a large correction, the market must come back more than you think, and you might run out of time before the market can recover. This is a least one good reason for older investors to be more conservative.  Playing the game of outperforming your neighbor is less important than preserving your capital.

Typically financial planners don’t think housing payments should consume much more than about a third of income.  The reason is that too much spent on house payments crowds out other necessary household spending. The current affordability crisis is caused by rapidly rising home prices coupled with rapidly rising interest rates to finance the mortgage. This chart shows that right now, it is taking almost 45% of median income to buy a home.  While this chart only goes back to 2006, it does show that the percentage now is higher than where it was preceding the last crash in residential real estate.  That does not necessarily guarantee a housing crisis, but common sense suggests when people can no longer afford to buy a home, they won’t.  Demand for homes will fall unless wages suddenly rise to bring the relationship back to normal (regression to the mean).  If wages don’t rise dramatically in real inflation-adjusted terms, then it is likely that housing prices have to fall, or interest rates have to fall (or both) to allow the regression to the mean to occur.  Given the current economic environment, which would you wager would be the most likely outcome?

In connection with the thought above, this chart shows that since the 1960s, nominal wages have climbed substantially (the orange line), but when adjusted for inflation (the black line), they are amazingly flat.  Some people say that is not all that important because, since that time, workers now receive substantial non-wage benefits (pensions, healthcare, maternity leave, etc.).  This is true.  However, these non-wage benefits are not available to purchase a home or to pay interest on the mortgage. For that, you need the cash flow of wages. With that in mind, the odds of a huge increase in real wages to allow home affordability to regress to the mean looks unlikely since it has not occurred during a very dynamic period of growth since the mid-1960s.  Inflation caused by profligate government spending ate most of it up. Why would that suddenly change much for the better?  If that is true, then interest rates and home prices need to fall so the American dream of owning a home can be realized.  Perhaps new manufacturing methods and materials can be used to lower prices.  Or, prices might come down as they have in the past when the economy goes into recession.  Either way, lower prices and lower interest rates will be needed to allow greater affordability.

Credit card debt is rising very sharply.  Some of this can be explained by the opening up of the economy after the disastrous “lockdown” policies to supposedly fight Covid.  Certainly, some recovery was due.  Some suggest this rise is a sign of public confidence in the future of the economy.  People will tend to borrow more when they feel more confident. However, that does not square with polls that suggest only about 21% of the population feel their economic conditions have improved.  Such a spike in debt may also be caused by a spike in real wages, providing more ability to go into debt.  Unfortunately, as we just discussed above, a spike in real wages has not occurred recently and has not occurred going back 50 years.  As with house payments, the increase in non-wage benefits cannot be used to pay down monthly credit card balances. In addition, the average interest rate on credit card balances right now is over 25%, a brutal price to pay for immediate consumption. If not real wage gains, if not tremendous economic confidence, what could be driving people to borrow so much money at punitive rates?  One possible explanation is they have to, just to maintain their perceived “standard of living.”  This suggests quite the opposite of confidence: economic desperation.  If it is the latter, this could cause real trouble if the economy were to roll over into recession.  Debt stays on the books as they say, but real wages can disappear instantly with layoffs.

Most individual investors and most professionals have not done as well as the S&P Index.  That is why the craze for “indexing” has taken hold.  If your manager can’t do much better than an indexed ETF, why pay all the management fees?  It makes sense.  However, buying an index is not a guarantee either.  Over the past two years, stocks have not returned much at all.  While there has been a great deal of fluctuation, after all the sound and fury, the market has been flat.  Bonds have been down as well, making the standard 60% stock, and 40% bond allocation a loser in recent times.  However, as the chart shows, simply rolling T-Bills and compounding the interest has beaten the market.  Admittedly, this is unusual. But we live in unusual times, don’t we?

*****

Image Credit: Wikimedia Commons

TAKE ACTION

As we move through 2023 and into the next election cycle, The Prickly Pear will resume Take Action recommendations and information.

The Peculiar Math of Market Corrections thumbnail

The Peculiar Math of Market Corrections

By Neland Nobel

We like to call this the “peculiar math of corrections” because at first, it does not make sense. Suppose you buy a stock and it falls by 50%.  If the stock comes back 50%, you will break even, right?  No, if an investment falls 50%, it must come back 100%.  Could that happen?  Well, yes it can and has happened.  Just back in the 2007-2009 financial crisis, the broad market fell by 55%, which then required the market to rise 122%, just to break even. The market did recover like that, but it takes time.  The key takeaway is if you are older, and lack time, buy and hold may not work for you.  If you ride into a large correction, the market must come back more than you think, and you might run out of time before the market can recover. This is a least one good reason for older investors to be more conservative.  Playing the game of outperforming your neighbor is less important than preserving your capital.

Typically financial planners don’t think housing payments should consume much more than about a third of income.  The reason is that too much spent on house payments crowds out other necessary household spending. The current affordability crisis is caused by rapidly rising home prices coupled with rapidly rising interest rates to finance the mortgage. This chart shows that right now, it is taking almost 45% of median income to buy a home.  While this chart only goes back to 2006, it does show that the percentage now is higher than where it was preceding the last crash in residential real estate.  That does not necessarily guarantee a housing crisis, but common sense suggests when people can no longer afford to buy a home, they won’t.  Demand for homes will fall unless wages suddenly rise to bring the relationship back to normal (regression to the mean).  If wages don’t rise dramatically in real inflation-adjusted terms, then it is likely that housing prices have to fall, or interest rates have to fall (or both) to allow the regression to the mean to occur.  Given the current economic environment, which would you wager would be the most likely outcome?

In connection with the thought above, this chart shows that since the 1960s, nominal wages have climbed substantially (the orange line), but when adjusted for inflation (the black line), they are amazingly flat.  Some people say that is not all that important because, since that time, workers now receive substantial non-wage benefits (pensions, healthcare, maternity leave, etc.).  This is true.  However, these non-wage benefits are not available to purchase a home or to pay interest on the mortgage. For that, you need the cash flow of wages. With that in mind, the odds of a huge increase in real wages to allow home affordability to regress to the mean looks unlikely since it has not occurred during a very dynamic period of growth since the mid-1960s.  Inflation caused by profligate government spending ate most of it up. Why would that suddenly change much for the better?  If that is true, then interest rates and home prices need to fall so the American dream of owning a home can be realized.  Perhaps new manufacturing methods and materials can be used to lower prices.  Or, prices might come down as they have in the past when the economy goes into recession.  Either way, lower prices and lower interest rates will be needed to allow greater affordability.

Credit card debt is rising very sharply.  Some of this can be explained by the opening up of the economy after the disastrous “lockdown” policies to supposedly fight Covid.  Certainly, some recovery was due.  Some suggest this rise is a sign of public confidence in the future of the economy.  People will tend to borrow more when they feel more confident. However, that does not square with polls that suggest only about 21% of the population feel their economic conditions have improved.  Such a spike in debt may also be caused by a spike in real wages, providing more ability to go into debt.  Unfortunately, as we just discussed above, a spike in real wages has not occurred recently and has not occurred going back 50 years.  As with house payments, the increase in non-wage benefits cannot be used to pay down monthly credit card balances. In addition, the average interest rate on credit card balances right now is over 25%, a brutal price to pay for immediate consumption. If not real wage gains, if not tremendous economic confidence, what could be driving people to borrow so much money at punitive rates?  One possible explanation is they have to, just to maintain their perceived “standard of living.”  This suggests quite the opposite of confidence: economic desperation.  If it is the latter, this could cause real trouble if the economy were to roll over into recession.  Debt stays on the books as they say, but real wages can disappear instantly with layoffs.

Most individual investors and most professionals have not done as well as the S&P Index.  That is why the craze for “indexing” has taken hold.  If your manager can’t do much better than an indexed ETF, why pay all the management fees?  It makes sense.  However, buying an index is not a guarantee either.  Over the past two years, stocks have not returned much at all.  While there has been a great deal of fluctuation, after all the sound and fury, the market has been flat.  Bonds have been down as well, making the standard 60% stock, and 40% bond allocation a loser in recent times.  However, as the chart shows, simply rolling T-Bills and compounding the interest has beaten the market.  Admittedly, this is unusual. But we live in unusual times, don’t we?

*****

Image Credit: Wikimedia Commons

TAKE ACTION

As we move through 2023 and into the next election cycle, The Prickly Pear will resume Take Action recommendations and information.

A New Political Phenomenon: Are We At a Tipping Point? thumbnail

A New Political Phenomenon: Are We At a Tipping Point?

By Neland Nobel

The world is witnessing a major and unexpected political phenomenon.  The press likes to call it the rise of “right-wing” or “populist” parties.

From Argentina to Italy, to New Zealand to Holland, politicians who are not part of the mainstream of “establishment” political thought are rising to power.  The term “right-wing” means one thing in Europe and quite another in America. Thus, the terms right-wing and populist don’t reveal the common threads existing among such disparate political trends.

There have been daily mass demonstrations in Spain, protesting a socialist takeover and an amnesty plan for Catalonian separatists.

In Italy, the plucky female Prime Minister insults Macron in France, wants to stop uncontrolled immigration, and will not allow the production of fake meat and other synthetic food that violates Italian “food heritage”.

In New Zealand, the government fell, partly because of fascistic policies to address Covid. But, constant favoritism towards Māori interests and the denigration of English heritage, also seems to have been pivotal.

Even Sweden, the paradigm of benign socialism touted by the American left has moved to the right.

Similar shifts can be seen in Norway as well.

Let’s take the two most recent political earthquakes, Argentina and Holland.

In Holland, the society is being overwhelmed by uncontrolled mass migration, mostly of Muslims into the heart of Europe, and it was a factor in the election of Geert Wilders, an opponent of mass immigration. The policies of unrestricted, mass immigration have many Dutch voters concerned. How does honor killing and sexual apartheid for women, square with Holland’s social and sexual liberalism?  It can’t, and therein lies the problem. It is not just the sheer number of immigrants that must be accommodated by an advanced welfare state, it is also their cultural differences with the native population.

Also a factor, was the government’s attack on the farming sector a factor, using the “existential risk of climate change” claptrap that seems standard for the international left.  Holland has gone somewhere off the political rails but we will see what a governing coalition looks like.

In Argentina, a man who wanted to play professional soccer became an economist, and has ousted at least for now, the socialist Peronist monopoly that has governed the country since the mid-1950s. Immigration does not appear to be an issue as it is in Holland and Italy, but clearly, inflation above 200% a year was a factor. He explicitly campaigned against socialism and further said the climate change crisis was a socialist lie. Political corruption also was a theme.

The new president Milei is a complete outsider, some suggesting he is a Trumpian like force. He is a mishmash of political tendencies that defy “normal” categories. He has been called a libertarian, but he seems socially conservative, being an ardent opponent of unrestricted abortion. Upon his first visit to the US, his priority was to visit the grave of an esteemed Orthodox Jewish Rabbi. That seems a bit odd for a Roman Catholic. It is hard to place him in any standard political box.

The press likes to call what we are seeing as “populism.” Well, it just seems a lot more complicated than that.

This seems like a poor term to describe what is going on. Studies of populism in the US suggest it was a bridge to progressivism, which in turn morphed into today’s left-wing Democratic Party.

In populism, you had the Grange movement, general agrarian discontent with farm prices and railroad freight rates, and a movement for “free silver” or the resumption of printing Civil War Greenbacks (paper money not redeemable in gold or silver), which at the time was a call for inflation and debt relief. It additionally argued for public ownership of utilities. The Cleburne Demands called for policies to “secure to our people freedom from the onerous and shameful abuses that the industrial classes are now suffering at the hands of arrogant capitalists and powerful corporations.” It often called for government intervention and regulation (big government); hence it could be classified as a left-wing movement that was a precursor to the far more dangerous and intellectually successful progressive movement.

Some historians such as Oscar Handlin saw considerable anti-Semitism in the movement as well.

The only thing today’s political upheaval has in common with past American populism is that there are common elements of a revolt against the political establishment of the day and its unhealthy union with giant corporations. In today’s era of crony capitalism, politicians both regulate and subsidize corporations and then receive kickbacks in the form of campaign contributions. In so doing, they create a self-reinforced process to keep both of them in power.

Today’s populism likes free enterprise and market-based solutions, not crony capitalism. In some cases, it does argue against “free trade”, but what we have had was never “free trade”, but rather managed trade, often “managed” to the detriment of Americans. It is fine with immigration, but not mass uncontrolled and unrestricted immigration. It is concerned about the abuse of power, the assault on the Bill of Rights, and the recruitment of corporations and government departments to suppress freedom of speech, assembly, privacy, firearms ownership, private property, and government promotion of abortion.

Today’s populism largely calls for smaller, cheaper, and less intrusive government and devolution of power back down to the states and local communities. For the most part, it is pro-Israel and its Evangelical members seem friendlier to Judaism than many liberal Jews. In this sense, it is much different than the populist era of the late 19th and early 20th century that wanted more government power centralized in Washington, D.C.

In America, as an insurgent Trump climbs in the polls, the more things the government does to harass and imprison him.  The border is out of control, many feel the affordability of the American dream is fading, and the interest of the people always takes second, third, or fourth place to sexual minorities, wokism, illegal immigrants, the climate, and the “international community.”

What, if any common threads can we draw between such a multi-factored global political revolt?

For one, it seems people all over the world think the government should give priority to the problems that affect the vast majority, and quit favoring immigrants and minority movements. They want economic prosperity, a stable currency, a rising standard of living, less crime, and social cohesion, not multi-cultural baloney.

This revolt generally wants not only less sovereign central government power but less international government power.  The coterie of “world-looking socialists”, NGOs, and various agencies of the UN, seem to be pushing the same thing (Covid lockdown, unrestricted mass immigration, wealth redistribution, income redistribution through inflation, climate change fascism, Orwellian speech control, reparations for some oppressed class, anti-Semitism, and strange emphasis on paying vast attention to small, often dysfunctional communities (gays, transgenders, Muslims, and multi-culturalists.)

The majority seems fatigued by the constant denigration of Western values, feeling a sense of betrayal that their institutions no longer function for the benefit of the majority but have been hijacked by a quasi-socialist, globalist minority, that cares less about the concerns of the middle class than about the disintegration of society.

The term populism just does not seem descriptive, except to the extent that people want to take control back in their own lives, this time by getting the government out of their daily affairs.

*****

Image Credit: Wikimedia

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Argentina Agonistes: The Separation of Money and State

By Michael Munger

It is interesting to think about what future generations will look back on and think, “How barbaric and backward. Did those people really believe _______?” From our current vantage point, for example, we look back on religion that way. For thousands of years, church and state were symbiotically linked, but many now see the separation of church and state as being a necessary condition for a stable and liberal government.

What’s next? Argentina has a new “libertarian” president, Javier Milei. A big part of Milei’s platform was “dollarization,” or the abandoning of the valueless peso in favor of having accounts and assets recoded as being valued in United States dollars (USD).

It now appears, however, that when Milei takes office on December 10 he will not pursue full dollarization, certainly not immediately and perhaps not at all. Argentina is in many ways an advanced nation with a moronic government, saddled with the ditzy wishful thinking of Peronism. Argentina has a tax collection/compliance rate of less than 40 percent, more characteristic of a third world nation. As Leonidas Zalmanovitz pointed out last week, the real problem is a consensus on reducing inflation, not fiddling with rules.

Still, rules and institutions matter. Combining the “generosity” of Peronism, albeit generosity with the money of others, and the inability to collect taxes, has meant that the government has systematically gutted the value of the already threadbare peso. That issue, more than any other, is the reason that an outsider such as Milei was able to win by nearly 20 percent of the vote, a landslide rejection of orthodoxy. It is worth taking a step back and considering the sources of these “Argentina Agonistes,” and thinking about Milei’s core promise: the separation of money and state. I wonder if future generations will look back and wonder, “what took them so long?”

Basics of Public Finance

As a private citizen, if I want to spend more than my income, I have two choices:

  1. I can find more income, by working more hours or finding a higher-paying job; or
  2. I can borrow money, assuming I can find someone willing to loan me the cash at an interest rate I am willing to pay.

If I fail to repay the loan, including the contracted interest, then I will likely forego future opportunities to use the “borrow” option, because I will have revealed the fact that I cannot be trusted to repay the loan.

Governments that want to spend more than their revenue have something analogous to the first two choices:

  1. they can raise taxes, or
  2. they can sell bonds or promise to repay a loan in the future but they can also simply:
  3. print piles of the national currency, and then spend that.

As many heterodox theorists have pointed out, #3 is not actually all that different from #2. Fiat currencies are just a zero-coupon bond, which promise that the state will pay you one unit of that currency if you want to liquidate it. Unsurprisingly, just as with standard bonds, you can take a capital loss if you hold currency-bonds during a period of inflation.

And there is another relationship: Just as the failure of a private citizen to pay back a debt results in an inability to borrow, the failure of a state to maintain the value of currency results in an unwillingness to accept that currency as payment face value. If you want to pay debts using that currency, creditors will require a discount, meaning that more of the currency will be required to offset the inflation.

The “solution” is for the state to bind its hands somehow, to promise credibly that it will never use option #3 to finance spending in excess of revenue. That is the explicit rationale for creating an “independent” central bank, a clerisy of monetary shamans whose ritualized sacrament is maintaining the value of the currency. The problem is that political officials are sorely tempted to press the shamans for inflation to escape the debt burden that results from using state spending to buy votes in every election, or to bail out the banks that have taken on excessive portfolio risk as a way of raising their stock price.

There are many critiques of capitalism that object to such short-term profit maximization of corporate CEOs paid in stock options. But politicians may be worse: The political time horizon never extends beyond the next “most important election of our lives.” For politicians in the US, the longest they ever look ahead is 729 days, and that’s only on the Wednesday after an election.

Argentina has used deficit financing strategy #3 — print piles of money — in a way that is not innovative, but which is quite effective. In the short run, the creation of money allows the government to “sell” peso-bonds at face value, recognizing that the promise to accept the pesos later will be made much cheaper by the sharp decline in the capital value of those pesos because of inflation.

Inflation has been the very lifeblood of Peronism. From 1980 to 2022, the average inflation rate exceeded 200 percent. It’s not hard to see how this works as a debt repayment strategy: If I borrow $1000 from you, and then pay you back $1000 in a year, 200 percent inflation means that I am repaying an equivalent value of only $250, having stolen $750. Argentina can often bilk international agencies of such loans, but by and large, politicians have chosen instead to cut out the middleman and simply steal the value of their own currency from their own citizens. Let’s follow the money.

Why MONEY?

We all learned that monetary policy — management of the currency — is separate from fiscal policy — the policies of taxing and spending.

In fact, the argument for an activist central bank assumes that there are two distinct entities, something like a “Treasury Department” which manages markets in government debt, and something like a “Federal Reserve Open Market Committee” which manages the money supply. Obviously, the two activities can be connected,

But that division of jurisdictions can be collapsed. The US tried to play it straight (sort of), by having the Treasury Department “sell” new debt to finance the deficit, but with the understanding that much of the new debt would be purchased directly by the Fed, using its bottomless checking account. This was, and is, “new money,” meaning that the government was buying its own debt with printed money.

As a result, the “balance sheet” of the Fed, the list of assets it has “purchased” with fiat money, went from about $1 trillion in 2007 to nearly $9 trillion in 2022. Far and away most of those assets are I.O.U.s, promises to borrow even more money in the future to pay off the T-bills that the Fed bought to finance current deficits.

Argentina didn’t have the patience for that kind of financial kabuki dance. They cut out the middleman and just issued new “debt” directly in the form of that specialized bond called pesos. The separation between fiscal and monetary policy evaporated. If someone asked the endless series of Peronist regimes, “How many pesos do you have?” the answer was always just, “How many do you need?” As a result, the Argentine peso has lost 93 percent of its value in just the past 4 years. (Please read that sentence again, I can wait. Seriously: 93 percent).

In a terrific Econtalk a year ago, Devon Zuegel described the problems of managing even basic transactions in a hyperinflating environment. Anyone who could manage to carry out transactions using dollars always did so; holding pesos was little different from simply setting your wealth on fire. But actually “dollarizing,” as Ecuador, El Salvador, and Panama have done, requires a substantial cash reserve in dollars to manage liquidity. Argentina, of course, does not have that, at least not in government hands. So, the campaign promise of Javier Milei to dollarize is not feasible.

The interesting thing is that Milei is not actually a fan of dollars, precisely because the US currency is also managed by the politicized discretion of a central bank. His goal seems to be a change in the very economic constitution of Argentina, forcing a permanent separation of money and state. The advantage of dollars, in the near term at least, is that there is little that Argentina can do to affect the value of dollars, or to create new dollars in a way that will allow it to “repay” debts by depreciating the value of those debts. Thus, dollarization is not a full separation of money and state, but it is a significant step in that direction.

The paradox, and the central hope of the Milei economic program, is that removing the ability to cheat on debts will sharply reduce the cost of borrowing. Argentina has daunting problems, but it is also possessed of many highly educated and motivated people and an impressive array of natural resources. The level of wrenching social change that will be required means that success is years away if it happens at all. However, achieving a separation of money and state is an important first step.

*****

This article was published by AIER, American Institute for Economic Research, and is reproduced with permission.

Image Credit: Wikimedia Commons

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Get Whitey

By Seth Baron

In the calculus of blame, whites are the new Jews.

Racebaiting superstar Ibram X. Kendi remarked on a panel recently that white people—globally—have failed to “reckon with how much their own personal identity is shaped by constructions of whiteness.” He went on to explain how “that construction of whiteness prevents white people from connecting to humanity.”

White people, he took pains to explain—not “whiteness,” but white people individually—see themselves as “over humanity” and not as “part and parcel of humanity.” They are unable to “connect to people who don’t look like [them]” or to relate humanistically to people with darker skin. “It’s whiteness that prevents that.” This creates “not just societal problems, but personal problems” that his latest film will “liberate” white people from.

Kendi’s diatribe—delivered in soothing tones of social-worker helpfulness—is an intellectual step down from the usual low level of this kind of analysis, which typically pretends to offer broad sociological insights about “whiteness” and avoid attacking the characters of white people generally. But with the pushback against critical race theory and its instantiation in the form of DEI imperatives across human resources departments everywhere, Kendi may feel that it’s time to up the stakes in his long game, which was never about abstractions, but always about turning the tables on who counts as fully human. It’s only a short step from accusing people of thinking they are better to assert that they are actually worse.

As I have suggested before, the discourse about “whiteness” comes in whole-cloth from the rhetoric of classical antisemitism. Ever wonder why Kendi-style racial debate sounds so familiar? You just have to substitute “white” for “Jew” and it all falls into place.

Just as Kendi engages in concern-trolling by claiming to desire the “liberation” of white people from the burden of whiteness, antisemites throughout history have urged the Jews to unshackle themselves from their chilly, alpine otherness—or if you prefer, crawl out of their cruddy mercantile sewer—and step down into the sunny valley of common humanity. Marx put it best in “On the Jewish Question.”

For us, the question of the Jew’s capacity for emancipation becomes the question: What particular social element has to be overcome in order to abolish Judaism?…. Emancipation from huckstering and money, consequently from practical, real Judaism, would be the self-emancipation of our time.

An organization of society which would abolish the preconditions for huckstering, and therefore the possibility of huckstering, would make the Jew impossible…. In the final analysis, the emancipation of the Jews is the emancipation of mankind from Judaism.

The Jew, in liberating himself from Jewishness, would simultaneously unchain the world from Judaism, just as whites, by unshouldering their yoke and stepping into the herd, would liberate the world from whiteness.

This sense of interconnected total liberation is the distillation of the Left’s millennialism and explains why we see banners reading such discordant statements as “Reproductive Justice Means Free Palestine” at marches against Israel’s Gaza actions. The premise of Leftist action is to revolt against all structures of oppression. Therefore, there is no compartmentalization of protest, though there is a hierarchy of evil. It used to be the case that class war was the only war, but now whiteness is the prime mover of division and exploitation.

Antisemitism still exists, of course, but it is the sharp and narrow end of the anti-whiteness spear. The realignment of Leftist animosity has brought all struggle under the banner of anti-whiteness, or as Ibram X. Kendi would probably put it offstage, “Get Whitey.” As nonwhites have gained a strong foothold in elitist circles of global power, Jews have been subsumed as white. And in the calculus of “whose ox gets gored,” or “Who? Whom?” in Lenin’s terms, whites now occupy the classical position of the Jew.

Just as Jews used to exercise spectral dominance of society through their malign influence—in the Medieval, astrological sense of “the flowing of ethereal fluid”—so do white people infuse culture and discourse with whiteness, which has the power through implicit bias to make people act against the proper interests. Whiteness is pollution. Whiteness is illness. Whiteness prevents human happiness. Whiteness must be dismantled in every corner and rooted out from the minds of whites and nonwhites alike.

First, the Jews became white, and then the whites became Jews. The attack on “whiteness” has emerged as what it always really was, an attack on white people as individuals. History offers a guide to what comes next.

*****

This article was published by The American Mind and is reproduced with permission.

Image credit: YouTube screenshot

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To Succeed In War We Must Understand The Enemy

By Dr. Thomas Patterson

The Chinese general Sun Tzo 2500 years ago wrote “If you know your enemy and know yourself, you need not fear the result of 100 battles.“

That’s good advice. Unfortunately, America’s media and military leadership feign ignorance of their current enemies. They never use the words “Muslim” or “Islamist” to identify our foes, terms which actually denote who they are and what inspires them. Instead, they use descriptions like “insurgents” “militants” or other euphemisms to avoid hurting the feelings of the enemy.

Hamas, who our leaders would like to believe is their ultimate enemy, is nothing more than the representative-du-jour of a vast network established 1300 years ago with the never relinquished mission of subjugating the West.

Israel, after decades of repeated atrocities, has no choice but to exterminate Hamas if they ever hope to live in relative security. Even if Hamas is destroyed there are legions of other terrorist groups, including Hezbollah, a more formidable foe than Hamas, ready and willing to step in and carry on the fight.

For the West, knowing our enemy means recognizing how savage and implacable Islamists are, how outside the mainstream of modern humanity. For many Americans, it was shocking to read of terrorists laughing as their October 7 victims were raped, burned, or beheaded, often in front of their families.

Yet the same incomprehensible behavior is common in the hundreds of lightly reported Islamist attacks perpetrated annually worldwide. School children in the madrasas are taught Allah is pleased by fanatical hatred and brutality directed at infidels.

It’s hard for Westerners to comprehend this medieval mindset. Negotiations are fruitless because lying to the enemy is explicitly condoned in traditional Islam. Wars of containment are futile and appeasement is seen only as weakness.  Their ultimate goal is conquest, not peace.

Yet the oblivious Biden administration dodders on as if our relations with the terrorists were governed by the Treaty of Utrecht. Our naïveté was on full display in the recent cease-fire/hostage swap which we foisted upon our Israeli allies.

Mentally sound humans feel deep sympathy for the loved ones of a hostage held by Islamists. Because we value human life more than they do, hostage exchanges are vastly one-sided, typically involving from three up to as many as 1000 Muslim terrorists exchanged for each civilian.

One of those thousand terrorists recently exchanged for one Israeli is now a Hamas leader who warned that “October 7 was just a rehearsal”.  Fifty-five percent of the first 117 terrorists released during the current swaps had been held for murder and other violent crimes, while 21 percent were confirmed jihadists.

The hostages we see are quite visible pictures of utter despair. But for each one, we can visualize, there are more at risk of being captured when terrorists realize gains from hostage-taking. Each of these potential hostages is also a human being with families and lives of their own. They’re just not visible and don’t know who they are yet.

The hard fact is that when we lavishly reward hostage-takers, we are condemning others to the same fate. There is no great solution to the hostage conundrum. It’s worth considering, though, that if we had a policy of not negotiating but instead consistently killing or capturing all hostage-takers, the practice would eventually cease.

The Biden administration isn’t into hard choices. Sometimes they even seem confused about which side they are on.

In 2021, for example, the Biden administration restarted funding for the United Nations Relief and Works Agency. Hundreds of millions of dollars, which had been frozen by the Trump administration, were distributed to Palestinians despite State Department concerns that the funds would almost certainly be used for terrorism.

More broadly, Biden has worked assiduously to appease the Iranian regime and its proxies with billions of dollars. This makes as much sense as slipping money to Nazis during World War II.

The cycle of Islamist violence will never end if we continue to subsidize it and prop it up. Instead of timidity and vacillation toward those who want to kill us, knowing our enemy means understanding that we must focus on destroying and defeating this mortal foe.

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