Won't you feel sorry for this poor, oppressed Negro?

Life can be so harsh for colored people in America:

Chicago Police Department Superintendent Eddie T. Johnson abhorred him as a 'troubled young man' who has 'taken advantage of the pain and anger of racism to further his career' by allegedly lying that he was attacked by racist and homophobic assailants on January 29.

Smollett makes $100,000 per episode on Empire, according to an associate who spoke to DailyMail.com, and there are 18 episodes in the current season which earns him $1.8million.

He also has a record deal with Columbia Records but, according to police, was 'dissatisfied' and wanted to boost his profile.

Only $1.8 million a year! How is he supposed to buy this reasonably-priced car on that atrocious salary!? Outrageous! Shame on you, White people! Shame!

The "massive cherry on top of this idiot sundae":

Cash for Jihad?

The average annual income in Yemen is $2,200. These guys were really generous.

The federal government called it a scam. Three men wired $88 million overseas, prosecutors say, and tried to keep it a secret. But a defense lawyer says they weren't doing anything bad with the money: They were just sending it home to relatives, and the government knew it.

$88 million to relatives in Yemen. Sounds legit.

Ayad is representing Omar Alhalmi, 38, who is charged with funneling $22.3 million to Yemen and other countries by creating phony businesses whose only purpose was to move cash overseas.

How NOT to build a PC

The colored clown in the Verge video doesn't know the names of things, makes up shit and layers thermal paste on ... thermal paste. He, and his team, could have gone on YouTube and watched a few videos by experts. They didn't have that basic level of curiosity and motivation.

They did this nonsense with something so basic like building a PC. Now, imagine how much they lie to you about issues that really matter.

Smug and dumb

There’s a reason the old saying, “be careful what you wish for,” is an old saying. Rep. Alexandria Ocasio-Cortez may wind up learning that the hard way. In the wake of Amazon’s decision last year to plant one of its new headquarters in New York City, and with it 25,000 jobs in exchange for generous tax breaks, Ocasio-Cortez did what any good socialist would do. She slammed the deal.

The next election should be fun.

According to a recent Sienna College poll, a majority of New Yorkers supported the deal, an even bigger majority in Queens, the very borough where the HQ would have been located. Moreover, 70 percent of black New Yorkers and 81 percent of Hispanic New Yorkers wanted Amazon in Gotham. Both demographic groups suffer from higher unemployment than the rest of the city. As Daily News Columnist Rob George put it in Twitter, it was “AOC vs. POC.”

AOC has been going against her party because they're not socialist enough but here, she went against her own base. Tens of thousands of jobs, that the overwhelming majority supported, just got erased from New York. That's a lot of ammunition for her future opposition.

Build The Wall

The God-Emperor goes his own way:

U.S. President Donald Trump has signed a congressional bill to avert another government shutdown and has declared a national emergency to fulfil his pledge to construct a wall along the U.S.-Mexico border. [...]

Trump said he had to call on the military for assistance "because of the gravity of the current emergency situation."

"The current situation at the southern border presents a border security and humanitarian crisis that threatens core national security interests and constitutes a national emergency," Trump said in a proclamation.

Race and reality

My NYC teaching career began a few days before September 11, 2001 at Washington Irving High School. It was a short honeymoon period;the classes watched skeptically as I introduced them to a method of teaching French using virtually no English. Although the students weren’t particularly engaged, they remained respectful. During first period on that awful day there was a horrendous split-second noise. A plane flew right overhead a mere moment before it blasted into the north tower of the World Trade Center. At break time word was spreading among the staff.Both towers were hit and one had already come down. When I went to my next class I told the students what had happened. There was an eruption of rejoicing at the news. Many students clapped and whooped their approval, some getting out of their seats to do a sort of victory dance. It was an eye-opener, and indicative of what was to come.

Whites in America have transferred trillions of dollars in welfare to these monsters who dance when thousands of Americans are murdered.

Smug and ignorant

Marianna Sotomayor should learn to code.

Wrong. Check out the thread in which a long history is presented; starting with this:

The forked-tongue media

The retarded socialist Green New Deal is getting such a negative reaction from ordinary Americans that Cortez and the media are now openly lying about its authenticity. Fake News strikes again!

Print baby print!

Assuming steep declines in the costs of each form of renewable electric power generation, just running the electrical grid using only renewable power would still cost roughly $7 trillion by 2030. The Information Technology and Innovation Foundation calculated that the total cost of an earlier version of Jacobson's scheme would amount to $13 trillion. And based on how fast it has taken to install energy generation infrastructure in the past, Jacobson's repowering plan would require a sustained installation rate that is more than 14 times the U.S. average over the last 55 years and more than six times the peak rate.

You can do it!

Where is the money to pay for this massive transformation going to come from? The headline over at The Week sums it up pretty well: "Alexandria Ocasio-Cortez wants to pay for her Green New Deal by essentially printing more money."

Awesome! Soon, all Americans will be billionaires!

The Quintessential Tawker

Preston Byrne makes Manjoo lassi out of Farhad:

Low intelligence and lack of experience brings us this gem:

To take his "logic" further, why do we even have millionaires when some people are starving? Surely, a few million thousandaires can front a few hundred dollars of capital to save a business.

Also, it's easy to convince one multi-billionaire to part with $1 billion in cash than to grovel in front of hundreds of risk-averse millionaires. And seriously, how many millionaires would have given money to a failing business in the middle of a major financial crisis?

Here's another ignorant fool:

It's amazing how so many people who don't have a clue about economics or finance are willing to put artificial and asinine limits on income and wealth.

The US will bern

Yup. What's worse is that these insane politicians want to spike government spending! The US government is already borrowing $1 trillion annually, what's a few trillion more?

Sen. Bernie Sanders' "Medicare for all" plan would boost government health spending by $32.6 trillion over 10 years, requiring historic tax hikes, says a study released Monday by a university-based libertarian policy center.

Forget 60-70% tax rates, the entire wealth of those filthy rich billionaires in the US wouldn't even cover one year of his asinine health care plan. Of course, the Leftists love it.

Hard work

Another thing: Many businesses fail. A lot of CEOs make negative money for many years. So, it's important to have sky-high incentives to get them back in the game. You can fail multiple times but end up being successful by wiping out your collective losses by making millions in the end. Of course, this is the "unseen" part of reality. The majority doesn't know about all those failed businesses because, well, they failed!

Just take a look at the leaders in the marijuana space; specifically the CEOs of Canopy Growth Corporation and Tilray. Those CEOs went through hell from 2012-2016 before their fortunes turned around.

Also, Elon Musk. The economics of electric vehicles at the present time is extremely risky and highly unprofitable. That doesn't stop Musk. He worked over 100 hours a week for the Model 3 ramp up. The guy is a multi-billionaire. He could bang supermodels in his mansions all day but instead he works to the bone.

SJWs at it again

Vox Day:

You may have noticed that you can't find any Castalia House ebooks on Amazon right now. That's because Amazon shut down our KDP account on the basis of a wildly spurious claim of publishing material to which we do not have the necessary rights.

Someone was very diligent:

UPDATE: Amazon can't even find the account information. It looks like whoever was responsible actually wiped all the data.

Update: Castalia House officially reinstated.


The economics ignorance continues:

Asked earlier in January by “60 Minutes,” how she might pay for a Green New Deal, Rep. Alexandria Ocasio-Cortez noted that top marginal tax rates in the mid-20th century were “as high as 60 percent or 70 percent.” A slew of articles have since debated whether higher tax rates would actually raise much revenue. But these articles miss the point. Taxes on the very wealthy are corrective taxes, like tobacco taxes, that should be judged by their societal impact, not simply their revenues.

This should work well.

The democratic argument was once central to the case for progressive taxation. In 1910, Theodore Roosevelt called for progressive income and estate taxes because, “unfair money-getting has tended to create a small class of enormously wealthy and economically powerful men, whose chief object is to hold and increase their power.” The goal of progressive taxation, for Roosevelt, was “to change the conditions which enable these men to accumulate power which it is not for the general welfare that they should hold or exercise.”

The income tax was fully legalized in 1913. The highest marginal income tax at that time? Approximately 7% for incomes over $500,000. That would be like having a 7% rate for incomes over $13 million today. The modern progressives want a rate that's ten times worse. All for what? To punish the rich to make the poor feel better.

From Scrooge to Smaug

What is a billionaire? Here's a "description" from a progressive:

Lenin and Stalin would definitely approve of the use of "hoarding" in that sentence.

Seriously, what a stunning display of ignorance and stupidity. It would be nice to see one of those mythical mega-vaults in which the rich swim in their billions of dollars.

Cortez explains the tippy tops!

That YouTube image screams: I drink your milkshake. I DRINK IT UP!

Seriously, taxing the income of the rich with a nose-bleeding rate of 70% is a horrible idea. For one, that's immoral. Second, the rich will restructure their finances to reduce their income and boost, for example, their capital gains. Of course, the next step for Cortez and her ilk would be to go after the wealth of the rich people. That's another horrible idea because capital in the modern world is highly mobile. For instance, European countries would be more than happy to transfer in hundreds of billions of dollars from Americans who want to protect their wealth.

The simple trick has always been to make America a more attractive place for money and talent. Shockingly, that happens with lower tax rates.

The deceiver doubles down

Qasim Rashid is truly a wicked creature:

Well, there you go! Why would anyone even bother watching the whole video to understand the drama with the Catholic high school kids when a snapshot of the eeeeeeevil MAGA hat is sufficient to condemn them. Case closed!

Also, it's quite rich of a Muslim to virtue signal about all those horrible things when:

  • Islam has almost nonexistent rights for non-Muslims.
  • Islam allows the rape of girls as young as nine-years-old.
  • Islam calls for the execution of ex-Muslims.
  • Strangely, refugees aren't picking Islamic countries as destinations.
  • Slavery is alive in Islamic lands today. Blacks hardest hit.
  • Muhammad ordered the massacre of all the men of a Jewish tribe. Then, he took the women and children as slaves. Today, most Muslim countries don't even allow the Jews from Israel to enter their territory. Saudi Arabia, for example, is a total No Jew Zone.

It's way past time for the West to send Muslims back to their countries.

Toxic Blackness

One aspect of the Covington controversy has received very little coverage, let alone condemnation: the outright racism, homophobia, and anti-Semitism of the (very small) black-nationalist group confronting the teenagers.

Molly Powell brings attention to these hateful and toxic Black people:

The students are called “hyenas,” “dogs,” “white crackers,” and “faggot.” They are ridiculed for being lice-ridden and told to “go back to Europe where you come from.” One man says he can tell by looking in the students’ eyes that they will be “school shooters.” They are the “product of sodomy.” We hear that black Jesus is coming back to kick the “white crackers’ ass.” This black Christ is not like the image of Jesus the boys supposedly hold — that Jesus is a “faggot child molester.” “Your president is a homosexual!” one man yells.

These Black people are so diverse when it comes to their choice of vulgar output.

To most in the media, the black nationalists’ words, and their role in the controversy, are apparently like wallpaper, barely worth a mention. But that in itself is a form of disrespect, a soft bigotry of low expectations. Or, are we buying the PC notion that only white people can be bigoted?

Blacks hurled profanities at high school students for over an hour. Media response: crickets. A White, MAGA, kid awkwardly smiled in a hostile situation. Media response: BIGOT, RACIST, MAGA NAZI!

The anti-White, anti-Trump, anti-Nationalist media doesn't report the news. They manufacture it. Thanks to those smartphone videos, we can all see the truth.

The deceiver strikes again

Let's count the lies by largely using information from the link provided in the tweet.

Lie #1: "The MAGA hat boy's mother ..."

The mother of a high school student among the group filmed in confrontation with a Native American man after a rally in Washington DC has blamed “black Muslims” for the encounter. [...] The site said the woman was not the mother of the boy featured most prominently in the footage, who has since identified himself as Nick Sandmann [...]

Qasim Rashid isn't interested in the truth.

Lie #2: "... blames "Black Muslims" as the reason why the MAGA hat boy harassed the Native American elder."

[...] she claimed “black Muslims” had been harassing the group from the private, all-male Covington Catholic High School in Kentucky who were said to be in the capital to attend the anti-abortion March for Life.

In an email to the news website heavy.com, the woman wrote: “Did you hear the names of the people were calling these boys? It was shameful. Did you witness the black Muslims yelling profanities and video taping to get something to further your narrative of hatred??

What did the Black Muslims say?

Extended footage depicts the apparent leader of the religious group hurling homophobic slurs at the students. “That’s Make America Great Again, a bunch of child-molesting f****ts”, he is heard to say. Another member – who seems to be the person filming – is recorded calling the children “dirty-ass crackers” and “racist bastards”. Approaching the students, he continues loudly: “Look at all these dusty-ass crackers with that racist garbage on.”

This mother correctly points out that Blacks were uttering profanities while the White kids didn't join them in the gutter. Also, the White kid with the MAGA hat did not harass the Native American. This, in Qasim Rashid's world of lies, translates to excusing the [phantom] racist behavior of the MAGA hat boy.

Lie #3: "blaming Black people and Muslims for your own parenting fails is definitely not racist."

No, this isn't a parenting fail. For decades, Whites have opened their countries to non-Whites -- even to a malevolent cunt like you, Qasim Rashid. Your shameless, insidious tweets show every American who is paying attention that you're a deceiver who has to go back.

The deceiver loves fake news

Truth is utterly irrelevant to these people. What matters is The Narrative. Qasim Rashid, a fake American, takes the fake story and runs with it:

The White kid has an uncomfortable smile. He's, definitely, a raycisss! That's some top-notch critical thinking from Qasim Rashid. One expects no less from a small man who ignores the evils of slavery, pedophilia, and genocide which were committed by his prophet.

Do you even math, bro!

So many smug, ignorant clowns have no clue about what cumulative means. Ryan "Thank you, Affirmative Action" Mack takes the cake. This dumbass graduated from the University of Michigan Business School and yet he doesn't get basic arithmetic. He even shows up in the YouTube comments of the above video but doesn't have the balls to acknowledge his moronic mistake.

Labor theory of, er, writing

In a world where everything is racist:

The seminar, titled, "Grading Ain't Just Grading: Rethinking Writing Assessment Ecologies Towards Antiracist Ends," will be led by University of Washington-Tacoma professor Asao Inoue, who previously published an essay titled, "A Grade-less Writing Course that Focuses on Labor and Assessing," in which he argues in favor of "dispens[ing] almost completely with judgments of quality when producing course grades."

"I argue that a productive way to design and teach a first-year writing course is to conceive of it as labor – and calculate course grades by labor completed – and dispense almost completely with judgments of quality when producing course grades," Inoue writes in an essay summary on Academia.edu.

Businesses will be lining up to hire these quality-free graduates.

The Founder of Vanguard

The King of index funds has passed away.

Jack Bogle, the founder of Vanguard who created the first index mutual fund for individual investors in 1975, died Wednesday at the age of 89, the company said.

Bogle transformed the way people invest. He believed that investors should own a mix of bonds and stocks but shouldn't pay investment managers to pick them.

Jack Bogle provided simple, low-cost investing to hundreds of millions of people around the globe. Even today, investment firms charge ridiculous fees for passive funds -- especially in Canada. It's common to see Management Expense Ratios (MERs) of over 2%!

I used to have a retirement savings plan through my work. The employees had to choose from Investors Group (IG), a predatory Canadian firm, that charged MERs as high as 3% a year. By contrast, out of all the funds that Vanguard offers, the highest MER is 0.39%.

Note that it's difficult to make apples-to-apples comparisons between companies and their funds because they don't really offer the exact same investments. So, one has to look at similar funds. I do remember comparing the relevant funds through my workplace and Vanguard and realized that IG charged 25 times more than Vanguard. In other words, Investors Group would charge me $25 for every $1 fee from Vanguard for the privilege of buying similar equities. Over decades that could result in a net loss of hundreds of thousands of dollars for the average worker.

Jack Bogle, unlike many financial charlatans, did a lot for the little guy.