Powered by debt

Millions have lost their jobs or had their pay slashed in the last year. Now, they'll face the full wrath of the money printer:

The invisible tax of rising inflation will do far more to harm working and middle-class Americans than Biden’s proposed tax hikes. The trillions of dollars in congressional spending and money printing from the Federal Reserve is already having a dramatic effect on the price of ordinary goods. [...]

Over the past year, food prices are up 3.5 percent, with eggs and meat up by over 5 percent; gas is up 22 percent and is expected to get even higher by this summer; lumber is up 250 percent; new home prices are up $36,000, with overall housing up 11 percent; and new cars are up 9 percent, the highest in 68 years. In April, 13 percent of new car buyers paid more than the sticker price. Other goods — from household items, baby care and general merchandise — are already up between 5.2 and 7.2 percent from this time last year. The cost of eating out shot up by 3.7 percent over the past year, and some takeout specials such as chicken wings have nearly doubled. Coffee futures are up 24 percent since October. Even growing your own food has surged in price, with the cost of seeds and potted plants jumping by 10.5 percent.

I was thinking about buying a new PC recently. The actual price of the whole build comes out to almost double the MSRP! And that's assuming all the parts are even available for purchase. As of right now, the top three 3000 series GPUs from Nvidia are sold out in Canada.

The primary driver of the current inflation comes through money printing by the Federal Reserve. The Fed nearly doubled its bond purchases since the beginning of the pandemic, pumping almost $4 trillion into the economy. This is about as much as the Fed purchased between 2008 and 2014, during the worst of the Great Recession. From February 2020 to March 2021, the total of circulating cash, mutual funds and banking deposit money supply increased from $15.473 trillion to $19,896 trillion. The Fed effectively monetizes the federal government’s debt, creating both a cover for higher deficits and increasing the money supply further. From 2019 to now, the national debt jumped from just under 80 percent of gross domestic product to over 100 percent.

We had a one-month stock market crash last year. We're due for a giant meltdown like we had in 2000 and in 2008.


Legalized theft

That's in just four months.

If you're in the middle class and you want to sell your assets in New York, then get ready to bend over and pay YOUR FAIR SHARE:

The combined state and federal capital gains tax rate in New York would rise from the current 34.7 percent to 54.3 percent under President Biden’s American Families Plan, according to a new study from the Tax Foundation.

That's a cool $100,000 extra in taxes on the sale of a half-million dollar property.


Back to work!

An overwhelming majority of Canadians don't agree with increasing immigration. A sizeable number want to decrease it. Yet, none of the Canadian political parties support this basic view. In fact, last year, when over a quarter million Canadians lost their jobs, the Liberals imported over a hundred thousand workers into Canada. Result? Depressed wages and a skyrocketing real estate market that's ripping apart families as siblings and the younger generations have to move far away to get an affordable place to live.

Oh, speaking of useless political parties and cheap labor:


The DIE Rises

Vox Day:

I thought Diversity was just ridiculous back when I first heard it being bandied about my 99-percent white university campus in the late 1980s. Now it appears to be the most aggressively dyscivilizational concept since feminism.

Yup. Right from the start, it's a hideous way of judging any group: do you have "sufficient" numbers of vaginas, negroes, and [insert other irrelevant retarded identifiers] in your organization?

What's peculiar is that this progressive standard almost always applies to Whites, Christians, Europeans, and men. It's an attack on Western Civilization but cloaked in progressive virtue-signaling and dumb and mal-educated White people fall for it: Look at me, I support vaginas, negroes and [insert other irrelevant retarded identifiers]! I'm not like those uncouth White people!


Totally Haraam!


Pussies at Ryerson University

One photo to trigger them all:

Members of the fashion industry are decrying a prominent Toronto philanthropist and the university she backs after she posted a photo of herself and her family posing with former U.S. president Donald Trump at a gathering in Florida.

Suzanne Rogers posted a series of photos in an Instagram story on Saturday, which appear to have been taken at Trump's Mar-a-Lago residence in Palm Beach, as first reported by Canadaland. The posts appear to show Rogers and her family, including her husband, Rogers Communications and Toronto Blue Jays chairman, Edward Rogers, dining with Trump.

Litteerrralllyy shhhaakkinngg.


Can't buy a closet

When Andrés Peñaloza and his wife Maria Fernanda Gonzalez first immigrated to Canada from Venezuela more than two years ago, they dreamt of a better life, which included owning a home. But after years of looking to buy something that would be suitable for the family they hope to start in Vancouver, they’ve quit searching.

Tough years ahead for Millennials and Generation Zyklon:

With the average home price in Canada jumping 31.6 per cent year-over-year in March, Peñaloza and Gonzalez are part of a cohort of people under the age of 35 who feel that their dreams of homeownership are increasingly out of reach. These millennial prospective buyers have seen their earnings hammered by two major recessions now.

Note: that's an average. There are places in Canada where houses have nearly doubled in price in one year.

“Back when my mom started out as a young person in Canada, it took five years of full-time work to save a 20 per cent down payment on an average priced home. Today, across the country on average it now takes 14 years,” he said.

At that rate, it will take 70 years to pay off a house. Even for an average salaried couple, that's 35 years of non-stop full-time grinding work to own a house. It's simply not worth it.

Taking a step back, it's astonishing that a country the size of Canada has such a ridiculous real estate market. There is enough viable space in the country to increase the housing space by an order of magnitude. Yet, the supply is artificially limited by policy, the immigration levels are exploding thanks to the Liberals, and the job market is stagnant courtesy of Corona Chan. Most of this misery was largely avoidable.


White Jeopardy

It's fashionable to dump on Whites for made up reasons:

Contrast the above with the non-reaction to this demonic mediocrity:

Stanford University student Gabrielle Crooks, a member of its student government, expressed her hatred for white people in a series of tweets this past summer.

“Yes I think white people need to be eradicated yes I will go feral over mediocre white men we exist,” she wrote in July 2020.

Despite advocating for genocide, her student senate page biography states that she aspires to be a “human rights attorney” and “address racial violence.” She is also a Black Recruitment and Orientation Committee coordinator at Stanford.


Escape from New York

When high taxes and asinine regulations drive away entrepreneurs and revenue, the bureaucracy starts to prey on the small businesses. Of course, this only accelerates the decline. 

The Thomas Sowell bit is apt. He was a Marxist in university who quickly learned about the cold and brutal nature of the government apparatus after he worked in it.


Just a few short years later

Many Canadians are against the added option of a private system. They think that everyone should get the same miserable health care regardless of income. What they fail to see is that not-poor Canadians will simply travel abroad to get treatment. In other words those who suffer through months and years (!) of wait time for a basic appointment or surgery are largely the poor Canadians. It would be better to have a private system with extra doctors, nurses, and hospitals within Canada. Of course, that would showcase the mediocrity of the public system. So, the sad reality continues.


Fighting the mob

Excellent.


Compassionate socialist health care

For coloreds only:

Strange, how this logic is missing when it comes to crime statistics:


KHHAAANNN!

Pakistan Prime Minister Imran Khan is urging Western governments to criminalize any insulting remarks against Islam’s Prophet Muhammad and treat offenders the same way they do those who deny the Holocaust.

Khan spoke Saturday after violent nationwide protests this week by a radical Islamist party demanding expulsion of the French ambassador over the publication of cartoons in France depicting the prophet, an act condemned as blasphemous.

Imran Khan does have a point. Though, not the one he thinks he's making. Let's say that a Western country repeals its holocaust denial laws. Would Imran Khan be then content? Nope. The rules and laws of the non-Muslim world are irrelevant. What matters is that they bow down to the whims of Muslims.


Equality is evil

The government can't magically turn the poor into rich. However, it is supremely competent at doing the opposite. A similar logic applies with education:

The Virginia Department of Education (VDOE) is moving to eliminate all accelerated math options prior to 11th grade, effectively keeping higher-achieving students from advancing as they usually would in the school system.

At least the dumb kids will feel so much better about themselves.

The changes were just the latest of many to prompt concern from parents in the state, which has seen in-fighting over controversial ideas surrounding equity and race.

A Loudoun parent who spoke on the condition of anonymity worried that the changes would "lower standards for all students in the name of equity."

Yup.


Mostly peaceful attempted stabbing

One of the most bizarre aspects of these videos is how the culprits completely ignore the cops. We're told that the American system is RAYCISSS and that cops are out to hunt blacks.  Instead of simply walking away when the police shows up, these blacks go full psycho and leave the cops with little choice but to use lethal force.

Then, afterwards, we're told how the crazy bitch was an angel who could've become a brain surgeon. Also, White cop is VERY BAD MAN. It's all so tiresome.


Importing COVID-19

Diversity: the gift that keeps on giving:

Norwegian authorities are appealing to immigrants to stop holidaying in their respective home countries, as the country is witnessing a spike in imported COVID-19 cases, the newspaper Berlingske reported. [...]

Overall, immigrants are severely overrepresented among those infected with coronavirus in Norway, a trend witnessed in neighbouring countries such as Sweden and Finland, where it has been attributed to relative poverty, cramped living conditions, and insufficient knowledge of the language.

Furthermore, this tendency appears to have worsened during the third wave of the infection. Among those currently admitted to Norwegian hospitals with COVID-19, wholly 57 percent were born abroad. This is the highest proportion during the entire pandemic.

Norwegians could have easily solved this problem by having tougher travel restrictions and quarantine rules but that would have been so RAYCISSS!


"Absolutely useless"

Kumar got consumed by the hype:

Ashok Kumar switched to driving an electric rickshaw taxi from working at a printing press three years ago, after hearing the New Delhi government was offering subsidies. However, he never got the promised rebate on his $1,770 electric rickshaw.

Kumar sets out each day acutely aware that he has just until lunchtime to earn as much as he can.

Then he has to rush home to charge his vehicle. It takes 12 hours of charging to get a running time of five hours, he says.

That's horribly inefficient on so many levels. With petrol, he could've got five hours of run-time from five minutes of "charging". If you're rich, then electric vehicles are a luxury toy. If you're not, then good luck since the tech and infrastructure is still primitive.


$Marxism$

If Marxism means making bank and sharing the riches with your kids and siblings, then you know what? I guess I’m okay with Marxism.

As Marx himself said, “From each according to his abilities, to each according to whether they’re kin to a politburo member and have their eye on a four-bedroom.”

History repeats itself: Marxists live like royalty while their fervently dumb supporters, eventually, don't even have enough food to feed themselves.


Lead by example, habibi

Who is this "we"?

Anyway, Saudi Arabia covers an area that is double that of France and Germany combined. However, the population of those two countries is more than four times that of Arabia. Perhaps, the wealthy and generous Muslims at the heart of Islam can open their borders to the world. Hey, they certainly have plenty of space!

#FuckOffToArabia


And then they came for Scrabble

Nothing is safe from the SJWs:

Expert Scrabble players have blasted the game's owner as 'virtue signalling' and 'woke' after it banned 400 derogatory terms as playable moves.

Racial slurs including the 'n-word', insults against the elderly and homophobic terms were removed from Scrabble's official online words list following worldwide anti-racism protests in the wake of the death of American George Floyd.

Scrabble's owner Mattel said it made the change to make it more relevant culturally following global unrest last year.

The best part?

Mattel has not released an official list of what words are banned - but countless term are no longer acceptable on Scrabble's online dictionary.

Wicked. Vox Day gets it:

The objective is to be able to administer the rules on a subjective basis, thereby granting the converged authority more power and flexibility while allowing them to avoid ever being held accountable to an objective standard.

Imagine a White player against a Black woman and he makes this word: APE. How uncouth. On his next move, he makes: SNIGGER. Bonus! Oh, and he connects the R with APE.

Time to destroy the VERY BAD White man!

That's how it will go down. We'll get different standards for different peoples. The words APE, RAPE, and SNIGGER are likely not on the banned list but they'll magically become offensive when the opponent is colored.


The Dairy Oppression

The craziness in schools in the UK:

Environmental campaigners are trying to gather support for more plant-based meals in Brighton and Hove schools and venues.

One could see this coming from a mile away:

Ms Plaumer also told the council last month: “Arguably, there is a racist element to serving dairy too much because 65 per cent of the world’s population are lactose intolerant, many from the BAME (black, Asian and minority ethnic) community.

Sweet cheezus! Assuming that this concern is genuine, the solution is simple: lactose-free cheese. But, nope. These people want to ban animal products. Of course, if you oppose them, then you're a RAYCISSS!


A true ally

Hero of the Year:

In a touching act of compassion, local good Samaritan Chad Paulson saw a man being oppressed by a police officer and immediately rushed over to loot a local Target.

"It's what I'd expect anyone else with any kind of sense of right and wrong to do for me," Paulson told reporters as he ransacked the Lego section of the store, snagging a sweet new TIE fighter model and a Harry Potter set. "When we see oppression and injustice in this world, we can't sit idly by and do nothing. We must take action, find the nearest Target, Nike store, or GameStop, and loot in his name."


Burn Loot Murder pays well

Oppression is big money in the current year:

Last week, real estate website Dirt.com reported that the “37-year-old social justice visionary” Khan-Cullors had bought a $1.4 million compound in Topanga, a remote Los Angeles neighborhood nestled deep in the Santa Monica mountains.

In L.A. terms, $1.4 million is not necessarily extravagant, though the activist took criticism for spending what would be a fortune in most other real estate markets, and for buying in a largely white neighborhood after urging people to “buy black.”

Ha! Can it get more sleazy? Yes, it can. This is her fourth property!

However, it turns out that Khan-Cullors also owns a house in the predominantly black neighborhood of Inglewood — among several other homes. The New York Post reported Saturday that she bought a $510,000 home there in 2016, which is worth about $800,000 today. She also bought a $590,000 home in South Los Angeles that is worth $720,000 today, and bought a ranch in rural Georgia for $415,000 last year, “featuring a private airplane hangar with a studio apartment above it.”