As we head into 2021, here is another gold record plus a final New Year's stop.
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Top Finance And Economic News Today. Your one stop site for news about USA and global economy, gold, silver, investing, geo politics, mining stocks. We cover news about and from Jim Rogers, Jim (James) Rickards, Mike Maloney, Peter Schiff, Greg Mannarino, Greg Hunter, SGT Report, Robert Kiyosaki, Martin Armstrong, Bo Polny, Eric King, King World News, Bix Weir, Paul Craig Roberts, Dollar Vigilante and many more.
As we head into 2021, here is another gold record plus a final New Year's stop.
The post Another Gold Record Plus A Final New Year’s Stop appeared first on King World News.
Warren Buffett Called Bitcoin ‘Rat Poison’ — Now It’s Closing In On Berkshire Hathaway’s Valuation (adam)
Buffett once said bitcoin is “probably rat poison squared.”
“In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending. If I could buy a five-year put on every one of the cryptocurrencies, I’d be glad to do it but I would never short a dime’s worth,” Buffett told CNBC in 2018.
U.S.’s First Case of U.K. Mutation Sparks Search for Source
A 20-something man from Colorado is the first American known to be infected with a new variant of coronavirus that emerged this fall in the U.K., raising concern that a more transmissible strain could spread widely across the country.
The Colorado State Laboratory confirmed the patient had the mutated form of the virus, known as B.1.1.7, and informed the U.S. Centers for Disease Control and Prevention, Colorado Governor Jared Polis said in a statement Tuesday.
Covid: Trump signs relief and spending package into law
US President Donald Trump has belatedly signed into law a coronavirus relief and spending package bill, averting a partial government shutdown.
Mr Trump had previously refused to sign the bill, criticising “wasteful spending” and calling for higher payouts to people hit by the pandemic. The delay meant that millions temporarily lost unemployment benefits. The relief package worth $900bn (£665bn) was approved by Congress after months of negotiation.
Tucked into Congress’s massive stimulus bill: Tens of billions in special-interest tax giveaways
Congress on Monday unveiled a 5,593-page spending bill and then voted on it several hours later, with lawmakers claiming urgent action was needed to rescue an ailing economy ravaged by the coronavirus pandemic.
But tucked in the bill was over $110 billion in tax breaks that strayed far from the way the bill was marketed to many Americans. These giveaways include big tax cuts for liquor producers, the motorsports entertainment sector and manufacturers of electric motorcycles.
The batteries that could make fossil fuels obsolete
The twin smokestacks of the Moss Landing Power Plant tower over Monterey Bay. Visible for miles along this picturesque stretch of the north Californian coast, the 500-foot-tall (150m) pillars crown what was once California’s largest electric power station – a behemoth natural gas-fired generator. Today, as California steadily moves to decarbonise its economy, those stacks are idle and the plant is largely mothballed. Instead, the site is about to begin a new life as the world’s largest battery, storing excess energy when solar panels and wind farms are producing electricity and feeding it back into the grid when they’re not.
Inside a cavernous turbine building, a 300-megawatt lithium-ion battery is currently being readied for operation, with another 100-megawatt battery to come online in 2021.
Exxon Knows Its Carbon Future And Keeps the Data From View
It was February 2019, and Exxon Mobil Corp. was ready to make one of the largest-ever investments in a U.S. hub for overseas shipments of liquefied natural gas. The $10 billion project was going to be built on the Texas coast under an auspicious name: Golden Pass.
The federal government sent its highest-ranking energy official, then-Secretary Rick Perry, to celebrate the new terminal as a gift of “clean energy” to “our friends around the world.” Exxon Chief Executive Officer Darren Woods promised to showcase the “environmental benefits of natural gas.” There was no mention of the planet-warming emissions that would be released once Golden Pass starts operating, nor had forecasts of climate pollution been shared with Exxon’s investors.
Siberia’s enormous hole in the ground is getting bigger (video)
A large crater in Siberia is getting bigger due to the way permafrost interacts with the environment. It is helping scientists understand more about past climates and how the permafrost is reacting to a warming world.
Biden has massive climate plans. Where will he find the money to fund them?
Until now, any lawmaker who asked for $2 trillion in federal funding without offsetting savings would have been laughed out of politics. But then came the Green New Deal. And then the coronavirus pandemic. And then another bout of rock-bottom interest rates.
Suddenly, a couple of trillion dollars doesn’t sound like as much money as it used to. And that’s good news for President-elect Joe Biden, who is planning to pursue a costly package of climate change policies aimed at transforming the country’s economy, including the way farmers plant crops and the way automakers design engines.
Click to read the PM Daily Market Commentary
Provided daily by the Peak Prosperity Gold & Silver Group
Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”
The post Daily Digest 12/29 – U.S.’s First Case of U.K. Mutation Sparks Search for Source, Warren Buffett Called Bitcoin ‘Rat Poison’ appeared first on Peak Prosperity.
Below are two absolutely stunning charts and what they mean for gold and silver.
The post 2 Absolutely Stunning Charts And What They Mean For Gold & Silver appeared first on King World News.
Listen On Your Favorite Player:
Whether or not you’ve already enjoyed reading David Collum’s encyclopedic Year In Review — a particularly impressive tour de force this year given the craziness of 2020 — you’re sure to love this live exposition of its highlights.
Chris sits down here with Dave to dig more deeply into several of the more significant and salacious themes, as well as wander down a few entirely new avenues of thought.
This discussion is a true end-of-year treat, completely free-ranging and unscripted, and given the massive spectrum of topics to address, notably longer than our average podcast.
Enjoy!
The post 2020: The Year Everything Changed appeared first on Peak Prosperity.
As we get ready to kickoff 2021, here is a look at why gold, silver and junior mining stocks are set to skyrocket.
The post Look At Why Gold, Silver And Junior Miners Are Set To Skyrocket appeared first on King World News.
Our YouTube limitations have been lifted from our recent community strike and we’re able to post videos there again:
Check out my appearance on the TimCast podcast tonight, Dec 30th, at 8:00 ET, where I’ll be talking about a range of today’s most important topics as we close out this crazy year.
The TimCast podcast can be accessed here.
The post I’m Back! appeared first on Peak Prosperity.
This could be the first big surprise of 2021.
The post This Could Be The First Big Surprise Of 2021 appeared first on King World News.
Luc ten Have is well-respected mining speculator at CEO.ca where he is publicly recognized as a top contributor. On a prior MSE podcast, CEO.ca founder Tommy Humphreys said of Luc that he is “so good at finding opportunities as a retail investor.” Luc is a private mining investor based in Holland who has close to ten years’ experience speculating in resource stocks. In this interview, Luc discusses how he began investing in mining stocks, key lessons learned along the way as well as his current approach to mining speculation. Luc also shares a few mining stocks he thinks could perform well in 2021.
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0:00 Introduction
1:03 How did you find your way into mining stock investing?
3:56 Key to success as a private mining investor
5:40 Gambling versus speculation
8:29 How you find new mining stock investments?
11:30 Portfolio breakdown
13:36 Open market vs private placement buying
14:40 Incorporating macro-analysis into investment decisions
17:01 Navigating the 2013-2015 bear market
19:33 Exit strategy
20:46 Commodities you are investing in?
23:33 Difficulty selling
28:42 Learning from mistakes in 2020
30:17 Stocks Luc likes for 2021
Albert Edwards says policymakers are f**kikng it up, plus a look at gold, silver and the US dollar.
The post Albert Edwards – Policymakers F**king It Up, Plus Gold, Silver And US Dollar appeared first on King World News.
As we get ready to head into 2021, look at what is hitting record highs.
The post Look At What Is Hitting Record Highs appeared first on King World News.
Give Yourself A Gift Next Year: Agency (tp)
To have agency is to have power over your own life and control of your assets, options and resources. There are a great many things that influence our lives that we do not control, but there are also many things we could influence in our lives but do not.
2-Acre Vertical Farm Run By AI And Robots Out-Produces 720-Acre Flat Farm (thc0655)
Plenty is an ag-tech startup in San Francisco, co-founded by Nate Storey, that is reinventing farms and farming. Storey, who is also the company’s chief science officer, says the future of farms is vertical and indoors because that way, the food can grow anywhere in the world, year-round; and the future of farms employ robots and AI to continually improve the quality of growth for fruits, vegetables, and herbs. Plenty does all these things and uses 95% less water and 99% less land because of it.
The Mysterious Link Between COVID-19 and Sleep (KathyP)
The newly discovered coronavirus had killed only a few dozen people when Feixiong Cheng started looking for a treatment. He knew time was of the essence: Cheng, a data analyst at the Cleveland Clinic, had seen similar coronaviruses tear through China and Saudi Arabia before, sickening thousands and shaking the global economy. So, in January, his lab used artificial intelligence to search for hidden clues in the structure of the virus to predict how it invaded human cells, and what might stop it. One observation stood out: The virus could potentially be blocked by melatonin.
Mises Explains The Santa Claus Principle (tom_p)
The idea underlying all interventionist policies is that the higher income and wealth of the more affluent part of the population is a fund which can be freely used for the improvement of the conditions of the less prosperous. The essence of the interventionist policy is to take from one group to give to another. It is confiscation and distribution. Every measure is ultimately justified by declaring that it is fair to curb the rich for the benefit of the poor.
Emergency post-exposure Covid protection being trialled (Downunder Bound)
The experimental jab is being offered to people who have been in close contact with a confirmed Covid-19 case within the past eight days. If it proves effective, it could protect vulnerable people who haven’t yet been, or can’t be, vaccinated. And it could help to contain outbreaks.
The trial, run at University College London Hospitals (UCLH) NHS Trust, is looking at whether an injection of two different antibodies could prevent someone who has been exposed to Covid from developing the disease – or at least from becoming very ill.
Stocks jump to records as Trump signs off on coronavirus aid
U.S. equity markets hit record highs Monday as traders returned to work from an extended holiday weekend that saw President Trump sign a COVID-19 relief bill.
The sentiment for the broader market was driven by Trump signing a $900 billion COVID-19 aid package that includes a direct payment of up to $600 to most Americans, an additional $300 per week in unemployment benefits and Paycheck Protection Program funding.
French President Macron who tested positive for Covid-19 after showing symptoms
French President Emmanuel Macron – who is self-isolating after testing positive for coronavirus – has conceded that he made a mistake in shaking someone’s hand.
The 42-year-old head of state admitted his error on Thursday, hours after the ÉlysĂ©e Palace announced he was ill and going into isolation – prompting frantic contact tracing across Europe to try and find others he may have infected.
Click to read the PM Weekly Market Commentary
Provided daily by the Peak Prosperity Gold & Silver Group
Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”
The post Daily Digest 12/28 – Give Yourself A Gift Next Year: Agency, The Mysterious Link Between COVID-19 and Sleep appeared first on Peak Prosperity.
This chart says it all when it comes to gold...
The post Gold Price To Surge Strongly Next 90 Days appeared first on King World News.
from Kerry Lutz's Financial Survival Network
Frank Vernuccio discusses the negatives of what life will look like ahead now that the Supreme Court has ruled that honest elections don’t matter and no one has standing any long to challenge an election anyway. Unless something happens to change things quickly, democracy is going to wind up being an asterisk in history.
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from Kerry Lutz's Financial Survival Network
When it comes to wisdom, it’s off devoid in the young and in ample supply in the elderly. Orest Komarnyckyj has been a stand up comic, a retired periodontist and an all around renaissance man. He’s currently retired and has now become a podcaster. Remember, wisdom doesn’t have to be boring or dull, it can come with large does of humor. Listen on and hear about the world according to Orest.
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As we kickoff the last few trading days of 2020, the next leg of the silver bull is just getting started. Expect a boom in silver demand in 2021.
The post NEXT LEG OF SILVER BULL JUST GETTING STARTED: Expect A Boom In Silver Demand In 2021 appeared first on King World News.
With 2021 rapidly approaching, here is a remarkable look at gold, Twilight Zones, perfect storms and fairy tales.
The post A Remarkable Look At Gold, Twilight Zones, Perfect Storms and Fairy Tails appeared first on King World News.
As investors look forward to next year, here is a look at the sure path to future prosperity in a post-fiat world.
The post The Sure Path To Future Prosperity In A Post-Fiat World appeared first on King World News.
If you’ve not yet read Part 1, click here to do so. The whole enchilada can be downloaded as a single PDF here or viewed in parts via the hot-linked contents as follows:
Part 1
Part 2
Figure 1. Christmas 2019.
Many topics I hit year in and year out. Others are one-off adventures. In 2018 I wrote about how seriously fabricated the Syrian gas attacks were.ref 1 Addendum: I was right as supported by recent evidenceref 2 but need not say any more. I am pleased to note that Nick Sandman, the kid with the smirk that rocked the world,ref 3 is cleaning up in court.ref 4 Last year I wrote extensively about Jeff Epsteinref 5 and Climate Change.ref 6 They were intended to be my final word on the subjects—I was personally done—but I’ve gotta chase the laser pointer one last time.
“Ah…ha…ha…ha…stayin’ alive, stayin alive.” I had concluded that Epstein didn’t kill himself (duh) and that he is not dead. Really? Yes. Ya gotta read it.ref 3 In January even 60 Minutes debunked the suicide story,ref 7 but the iceberg is still mostly submerged as Jeff is being marketed as an insatiable perv aided by his pimp Gishlane “Gizz” Maxwell. Of course, Bill Clinton and Prince Andrew were under the bus together, but there are many, many more at that bus stop waiting for the children. Epstein the Perv is a cover story to distract us from Jeff’s and Gizz’s role in the Mossad and the hundreds if not thousands of powerful pervs entangled in this web of intrigue. Gizz’s father was a legendary Israeli spy while her two sisters are working for Israeli front companies in the tech world.ref 8 No more rehashing a long, sordid tale of sex, murder, and espionage. I think last year’s write-up did it justice.
Well, after having her under surveillance for months—what’s the rush?—the FBI caught Gizz Maxwell in New Hampshire.ref 9 Her lawyer suggested that Gizz had “hundreds” of “celebrities” and “world figures” on film having “orgies with minors.”ref 10 Hundreds are wondering how they looked in their first porn film. It is unlikely the authorities will squeeze the dirt out of her. Investigative journalist Whitney Webb says they are charging Gizz with a 1997 crime of little consequence.ref 11 This is another FBI catch-and-release program.
Figure 2. Gizz on the throne with Kevin.
The risk of battling this crowd was underscored by Gizz’s relationship with Kevin Spacey. Many Epstein-Spacey photos are floating around, but the photo of Gizz and Spacey on the throne in Buckingham Palace raised some eyebrows. I am sure that it is not the first time Gizz has been spotted on that throne, but the Queen is probably tired of cleaning up after Prince Andrew and his friends. There is a point to this story (although I thought the gizz-throne joke was worth the effort.) Spacey was facing four #metoo-like accusations. No problemo. Three accusers are now deadref 12 and the fourth said, “Never mind. I’m good. I’ll show myself out.” Apparently, the cost of taking Kevin to court was oppressive. Now we get to watch the wokies in Hollywood welcome Kevin back into the fold of their hypocrisy.
He obviously didn’t kill himself, just like Jeffrey Epstein. I know he’s your friend, but I don’t care.
~ Ricky Gervais, Golden Globe Awards
There is, however, the recent story of Gazillionaire Leon Black, founder of Apollo Global Management. Leon is having trouble explaining why he gave Jeff $50 million.ref 13 The Attorney General for the US Virgin Islands appears to be determined to pry open the case.ref 14 It is said “there is panic among many of the rich and famous.” The AG will be dredged up in a fishing trawler’s net before anything bad happens.
The U.K. is also probing Barclays’ CEO Jes Staley’s ties to Jeffrey Epstein too,ref 15 but I brought up Leon because of his ties to Deutsche Bank.ref 16 Why does this matter? Glad you asked. Very astute of you. There was the 2020 story of Judge Esther Salas who’s husband and son answered a knock on the front door only to be shot, and the son killed, by a guy in a fake FedEx uniform.ref 17 Authorities soon traced this heinous crime to an “anti-feminist” named Roy Den Hollander. He sounds like a supremacist. Roy Den killed himself before the authorities caught him.ref 18 Bad break. Shit happens I guess, but the FedEx costume only makes sense if Roy Den didn’t realize he was gonna swallow the muzzle.
What the press did not notice was that the judge had just taken on a case having to do with money laundering at Deutsche Bank involving Epstein.ref 19 Gettin’ a little creepy, eh? Well, ol’ Roy Den may have been a crazy hick, but here’s the “killer”: he worked for several sketchy companies including Kroll Associates Moscow Office where he “managed and upgraded Kroll’s delivery of intelligence and security in the former Soviet Union.”ref 20 Kroll seems to be one of those Blackwater-like intelligence companies with recorded ties to all of the three-letter agencies you can imagine (MI6, FBI, CIA….) as well as Blackwater, the Mossad, the Clintons and Bushes, lots of Rooskies, and even Robert Maxwell, Gizz’s notorious father.ref 21 Did Judge Salas’s family really get hit because she was a feminist? To close the loop and add the “ooooh” sound effect, Epstein’s private wealth banker dealing millions of dollars through Deutsche Bank and Citibank for over two decades decided that it was time to off himself.ref 22
Last question: was any of this in the mainstream media? This web of grotesquely sinister activity that surrounds Epstein traces back to the 1920s and Meyer Lansky. It has always been there and will never unravel because the players control the narrative—they control the World.
Take a 30-second break from reading and Google “Tony Podesta art collection”. I dare you. Then tell me there isn’t something rancid inside the beltway.
You have written the best takedown of Global Warming Climate Change that I’ve read since the late, great Michael Crichton’s look at it. Please don’t out me, but I am a climate skeptic.
~ email from a guy who writes for the Atlantic Monthly
My second epilogue is about climate change. We are stripping finite resources from a finite planet while inflicting serious beatings on Mother Nature. Three years ago, I would have followed the science and said it was real and serious. Two years I wrote that it was likely real but suggested that I, along with 99.99% of the population, was unqualified to form a well-reasoned opinion.ref 1 I expressed surprise that more scientists sharing a common ignorance did not share my agnosticism. After serious baiting by colleagues urging me to follow the science, I plowed hundreds of hours into the topic in 2019 and drew some partially educated conclusions.ref 2 Climate change might be real, but I could not find evidence of a crisis. If you think that you can see actual changes in the climate even if the narrative is true, you are delusional. The annual changes would be profoundly incremental in the worst-case scenario. I also found a highly conflicted climate-industrial complex—$1 trillion per year of conflict—that would vaporize if the plotline fell apart. Well-reasoned scientists are constantly goaded by activists obsessed with keeping the narrative aimed straight at the target even if the facts swerve. The lies fed to the public were atrocious and pervasive. Scientists who dare leave the hive to question the climate change narrative get “canceled” by both their peers and the media. The climate change movement is very cultish.
We trusted the scientists on covid. Now let us trust them on climate change.
~ Extinction Rebellion poster
Alas, you have lost this scientist just as you lost other much more prominent doubters of the climate change narrative that were said not to exist. Wikipedia had a sobering list of the prominent scientists who challenged the narrative—called foul—but that inconvenient truth was removed. I thought I was done with this charlatanical debate, or so I thought.
Browsing my notes from 2020, however, showed it took a while to let it go. I documented stories about fires in Siberia that burn every yearref 3 and fires in both California and Australia easily traced to recent and fundamental changes in land management.ref 4 Let it go, Dave. Let it go. Two events, however, caught my attention this year prompting me to return to the subject one more time.
It’s almost 3 pm. Time to turn off the major appliances…
~ Mayor of LA supporting energy conservation to preserve limited energy
The first is a book by a well-known life-long environmentalist, formerly one of Time‘s “Heroes of the Environment”, named Michael Shellenberger.ref 5 A previous book Break Through was said by WIRED to be “the best thing to happen to environmentalism since Rachel Carson’s Silent Spring.”ref 6 Well, Michael’s Apocalypse Never: Why Environmental Alarmism Hurts Us All is a mea culpa for his hyperbolic support of the climate crisis movement. (See “Books”.) He does an excellent job of examining the unacceptable costs of mitigation, what economists call “negative externalities.” Michael now says the crisis is hyperbole, easily managed, and does not demand draconian measures. You also get a view of the markedly different world views of environmentalists—folks who want the best solutions to protect the Earth—and the climate change community, which obsesses over CO2 and fossil fuels.
I assumed solar panels would last forever. I didn’t know what went into the making of them.
~ Michael Moore, creator of Planet of the Humans
The bigger event was when Michael Moore and his long-time collaborator Jeff Gibbs released their documentary entitled, Planet of the Humans.ref 7 Michael seems to have flipped to right-wing whacko. (Not really. They still militantly criticize the corporate world.) What I am sure started as an investigation of the various lobbies fighting climate change turned into a sobering and complete denunciation of the climate-industrial complex. One clearly sees the rift between the environmentalists and the climate change community again. The Grand Wizard of Climate Change, Bill McKibben, gets gelded, but he was not alone. Various environmental groups like the Sierra Club got taken out by this drive-by shooting as well.
I went directly to YouTube rather than approaching the filmmakers because I wasn’t interested in negotiation. I don’t support the documentary, I don’t agree with its message, and I don’t like the misleading use of facts in its narrative.
~ Toby Smith, climate activist
This attempt to take down our film and prevent the public from seeing it is a blatant act of censorship by political critics of Planet of the Humans.
~ Jeff Gibbs, creator of Planet of the Humans
The response was immediate. After Forbes gave a glowing review of his book,ref 8 Shellenberger’s op-ed in Forbes apologizing for being over the top got yanked within hours (canceled is a better term).ref 9 That’s odd because last year I described how a globally prominent solar physicist at Hebrew University wrote an editorial for Forbes explaining that the changes we are seeing are all derived from solar cycles. That op-ed got canceled within hours too.ref 10 Market geeks who read Forbes ought to be fact-checking the other articles. The undermining of the documentary came fast and furious. I read a half dozen.ref 11 The usual tack was that the data in the documentary was old or that Moore and Gibbs forgot to mention something that was never intended to be part of their movie. They were feeble screeds from agenda-driven feeble minds. The Inconvenient Truths are getting a little too inconvenient. If this doesn’t trouble you, it is time for an intervention. Of course, the movie was canceled by Susan Wojcicki, CEO of YouTube, because some of the ideas are just too dangerous.ref 12 YouTube has turned into a neo-Stalinist sack of shit propaganda machine. I can no longer find the ProPublica version either, but, for now, it lives on here.ref 13 I urge you to watch it soon.
Interviewer to Al Gore and Richard Branson: Is Al Gore a prophet?
Richard Branson: How do you spell profit?
All three: (chuckling)
But what will happen to poor Greta Thunberg in the extraordinarily unlikely event that the climate crisis story fades? Not to worry. She is a pro and has already found greener pastures while CNN continues to meet my expectations…
Figure 1. Unphotoshopped—I checked—promo for a deep dive into Covid-19 with the experts.
Since 1915, the American Association of University Professors has agreed that — unless they act in their official capacity to obstruct the ability of others to work or learn — university faculty must have the freedom to research, freedom to teach and freedom from institutional reprisal when they speak or write as citizens.
“…when they speak or write as citizens.” Hmmm… I recently listened to an activist professor at Bard College in a discussion of “cancel culture” versus “free speech.” (S)he—from name and physical appearance I sincerely could not ascertain identified gender—opened by saying (s)he didn’t know what cancel culture is and even whether it is real. Really? Seems a little underqualified for the debate. Let me help you out. Cancel culture derives largely from the political left wherein a digital or sometimes real mob decides that your ideas are so repugnant that you should be taken out at the knees. They “cancel” you by going after your job, personal life, and reputation. The stigmatizing causes self-censorship by innocent bystanders. The Mob uses what they proudly call “ratioing”, in which The Mob—the numerator—overwhelms the denominator of one. Admittedly, this is sophisticated thinking coming from a group that claims math is a social construct of dead white men and that 2 + 2 = 4, 5, or whatever number they wish.ref 1 The Mob is performative, virtue signaling to their peers that they are the most woke. (I suspect that many wokies suffer a deep sense of their own inadequacy and unemployability, which is frustrating after spending $250,000 on an education majoring in something leaves you poorly equipped to enter a largely capitalist society.) With hate mail and death threats as cornerstones of the strategies, the wokies will get you fired if your employer is staffed with total cowards and ensure that you never be employed again in a job that requires some semblance of a reputation. They do not want you to improve or repent. You are a write-off heading for footnote status. There is also a big-game hunting component; a person of influence is clearly bonus points. I experienced this personally, but that must wait until the next section. That narrative underscores why I take the information in this section so personally.
The key to identity politics: it’s all about coercion, making others do your will by threat of force and force itself. These days, the main threat is depriving heretics and apostates of their livelihood.
~ James Howard Kunstler (@JHKunstler), author and blogger
I experienced an attempt at cancelation in 2017 when a multi-year, multi-million-dollar effort by the American Federation of Teachers (AFT) to unionize our graduate students would have dumped an annualized million-dollar-plus annuity into the AFT coffers. They were going to win big until I picked a fight. They fatally took the bait and lost by a razor-thin margin. Weeks later, when all seemed to have quieted down, seven of the butt-hurt student organizers attacked me with a smear campaign armed with some serious distortions using the Cornell Daily Sun as their conduit. It was ugly and unpleasant, but my colleague in the law school, Professor William Jacobsen, toe tagged them with a withering counter-attack.ref 2
That three-year-old experience re-enters the plotline below. First, let me bullet a few prominent 2020 cancelations. Mind you, these poor souls had few if any serious blemishes on their records preceding their nouveau crimes against humanity. I also differentiate these Mob-based attacks from their kissing cousins highlighted in “Political Correctness” in which employers wet themselves out of fear The Mob might show up. I’ve intentionally omitted the names of the victims.
Now, even “informed commentary” will be denounced as racist if a professor raises a dissenting view. It is not just the death of free speech but our intellectual mission on university and college campuses.
~ Jonathan Turley (@JonathanTurley), Constitutional scholar at George Washington University
Gab was blacklisted by Visa as a business… It’s not just Gab that is blacklisted. It’s also my family…If they can do this to me, they can do it to you and they likely will….Visa has someone camping on our website watching our payment processing. As soon as we get a new processor up they find out who it is on their end and contact them…The Communist revolutionaries taking over the United States are coming for us all.ref 9
~ Andrew Torba, CEO of Gab, a social media company supporting free speech
I learned that very often the most intolerant and narrow-minded people are the ones who congratulate themselves on their tolerance and open-mindedness.
~ Christopher Hitchens
You see other manifestations of the cancel culture all across the country today… a reign of terror trying to completely erase our culture and our history. Unfortunately, many Democrats are vying to be the Robespierre for this Jacobin mob.
~ Senator Tom Cotton (@SenTomCotton), US senator from Arkansas
They have taken over all the social institutions. It’s crazy. They’re using these institutions as punching bags for their rage rather than allowing their rage to be constructive.
~ Democratic operative defending Schor, anonymously of course
The cultivation, even celebration, of victimhood by intellectuals, tort lawyers, politicians, and the media is both cause and effect of today’s culture of complaint.
~ George Will
If you are really confident that you are right, you never need to silence your opponents.
~ Rabbi supporting free speech of Holocaust deniers
I think it’s so unfair, too, to the people that are canceled. Some of them have worked all their lives to position themselves the way they are, and you’re saying that one thing you said that someone didn’t like… We’re talking about people who have organizations and — whatever their preferences are. You a heterosexual male? Traditional choices? You like women? If you say something about someone who chooses something different, there are organizations set up that start sending things around to get signatures and stuff.
~ 50 Cent (@50cent), rapper
If the freedom of speech be taken away, then dumb and silent we may be led, like sheep to the slaughter.
~ George Washington, First President of the United States
As a right-leaning deplorable, I have got to give a hat tip to those on the left or right who can cross the great and widening divide. For the upper crust, legal scholar Jonathan Turley of George Washington University has been on the front lines defending free speech. The examples listed above should scare the bejeesus out of you. There are sleeper cells everywhere. The message of James Damore at Google was simple: “we can get ‘em.” The example of VISA canceling the CEO of Gab shows a company can do it too. Doug Murray has a curious theory that the corporate world is embracing the cancel culture because it distracts us from the nasty shit: “Systemic racism? Guilty as charged. Just don’t look over at those Indonesian sweatshops with slave laborers making sneakers for us.” It is a Cultural Revolution in which no number of social credits can save you from a single discredit. I don’t worry about the skateboarders smashing windows in the long run. They can be dealt with once society decides enough is enough. Embedded neo-Marxists in administrative positions who can rewrite rules are the problem. The left are dishonest bullies. They want compliance; don’t give any.
The mouth is the worst enemy of the neck.
~ Fortune Cookie
Now I will give you a rare insider’s view of what it is like to be canceled. I know of no other narrative like it. Late one night I watched a video Chris Irons (@QTR) posted of an old man in Buffalo getting pushed to the ground by the cops. Chris was aghast, but I had a different initial read and suggested we could discuss it in an upcoming scheduled podcast:
That is not how it played out. Angry responses appeared almost immediately that were met with my somewhat frustrated replies:
Within minutes my Twitter feed was a total dumpster fire. I had no idea what was happening. My email box began filling with hate mail. The department’s associate chair emailed me saying both his and the department chair’s email boxes were filling up fast. It was midnight FFS. Within an hour I got an unsolicited email offering help came from the Foundation for Individual Rights in Education (FIRE), a group of lawyers that defends free speech on campus.ref 1 WTF? I quickly restricted access to my Twitter feed (evident by the padlock logo in the screen-grabs), blocked hundreds of new followers who were obviously looking for trouble (including Josh Malina of West Wing fame), and deleted a couple of my tweets laden with both content and frustration-induced F-bombs. (I regret these deletions now.) Chris noted in a direct message, “you are going to be trending in the morning…the guy with the 3 million followers that set everyone off deleted his tweet about you.” “What guy?”, I asked. This guy:
I stand by the original tweet: although the outcome appeared to be brutal, it was not police brutality, the old man did appear to be feeble, and the provocation of a squad of riot police sure as hell was nuts. I now know what the old man was thinking but will return to that storyline after telling you about what happened over the weeks ahead.
Neighbor’s kid is a cop in Boston, 12 hr shifts for 10 days straight, hot sun, instigators shouting in his face about sodomizing his wife. Disgusting. At least he’s getting OT pay!
~ Friend of many years
I clearly chose a helluva hill to die on. Anyone with the remotest connection to me got variations of hate mail, including my students, colleagues, and staff. Of course, no administrator was left alone. I am told Cornell administrators collected over 2000 emails, although the legit number is impossible to know since websites were set up to automate complaints (digital Mad Libs). Reddit went nuts as though it were Bayes Theorem on mushrooms. A Change.org petition calling for me to be fired got more signatures than Beto in the primaries (over 5,000, at last count).ref 2 The accusations covered a wide expanse of topics, ranging from shards of truth slathered in distortions to complete fabrications. I went from being elected class clown in high school to a racist, bigoted, queer-hating, misogynist, and Nazi, which I will shorten to RBQMN, with dollops of suggestions that I was not long for this world. (I get scarier death threats for leaving the toilet seat up.) One particularly entrepreneurial wokie filed a sexual harassment claim to the National Institutes of Health to get my research support cut off. They failed, but that is big-league nasty. I started sleeping with a loaded shotgun next to my bed and carving knives strategically placed around the house. I had no intention of going to the light solo. I also must confess that when bullying went from physical to digital, the A-team arrived: the young women were junk-yard dogs.
The rag formally named “The Cornell Daily Sun” was a conduit of subprime sewage.ref 3,4,5 At the tip of their spear were assertions from the three-year-old smear campaign led by worker bees from the American Federation of Teachers (AFT) mentioned in the previous chapter.ref 6,7 Being sore losers—the Left can’t take a punch or a joke—they attacked. The 2017 smear campaign against me had been refuted point by point by my colleague in the law school, Bill Jacobsen. I am told resurrecting these now-discredited lies markedly strengthens a libel suit, but I had no interest in suing a student newspaper, at least not yet. My wife wanted to teach them a lesson about journalism. OK, Pumpkin, but that is journalism in 2020.
Figure 1. One of five on campus, this one on the Chem building.
The Sun continued hammering away explicitly denouncing me or just shoving it in any random article: “Oh. By the way, did we mention in this article on football that Dave Collum is still a RBQMN and should be fired? Just checking.” I started posting them on Twitter titled, “The Daily Collum”—nine in total.ref 8,9,10,11,12 The Ithaca Voiceref 13 reiterated the criticisms almost verbatim. Supportive articles appeared from a range of sources including the eFreeNews,ref 15 Cornell Review,ref 16,17 Zerohedge,ref 18 Legal Insurrection (Bill Jacobsen again),ref 19 TownHall,ref 20 and the Washington Examiner.ref 21 Zerohedge did a particularly nice job, which brought a cavalry of fintwitters (money and finance folks) to provide moral support. (If you see somebody being abused like this, take the time to send an email of support; it really helps.) Before it was over my Google-toxic infamy had reached The American Spectator,ref 22 National Review,ref 23 Daily Wire,ref 24 and a funny satirical piece on Reddit.ref 25
Collum’s support for such a morally reprehensible police action is abhorrent. His remarks directly go against Cornell’s core values and impede the University’s ability to create a “caring and equitable” environment.
~ Cornell Daily Sun
The University was in a war-room posture trying to figure out how to deal with this in the midst of the Covid-19 crisis. Almost all information coming to me from Cornell was inefficiently arriving as occasional nuggets through my department chair—a wonderful guy and my associate chair when I was chair. I was thankful the world was sheltering, but I felt like I was in the basement with a tornado passing overhead.
Recall from the previous section on cancelings that tenured professors and highly credentialed corporate chieftains were being fired. I had plenty of time to ponder why Cornell would or would not be able to fire me. As I said before, I was not heading to the light solo. Here is the bulleted list of items that I imagined appearing in court testimonials under oath if push came to “shove.” Without presenting all the attacks, it is not easy to place these puzzle pieces into context. In short, I would have to prove to a jury Old Yeller was in trouble:
The killer, however, was that my 2020 cancellation relied heavily on the three-year-old smear campaign by the AFT union organizers mentioned above. This untold story will take a bit to lay out, but it is important. In a 2005 effort by the United Autoworkers (UAW) to unionize our grad students, I was asked to play a formal role in the anti-union effort by the Dean of Faculty. Cornell legal gave me what I would say was undue credit for the defeat of the UAW. So did the President of the AFT.ref 26 The unionization failed on the ideas. In the 2017 battle, I had emailed the provost and dean warning them of the attempted unionization of our graduate students by the AFT and the crickets coming out of the administration. I received a call that night from one of the highest authorities—higher than deans—explaining the silence was due to delicate negotiations and explicitly asking me to organize a counter attack. On a conference call with Cornell Legal the following day I assured them my ham-fisted approach would trigger multiple complaints from the National Labor Relations Board and was assured that would be fine. I assembled a group of graduate students named At What Cost and began the insurgency. I was on speed dial with Cornell legal and one of our deans the whole way. No emails. I’ll skip the details of the battle and simply note that I played the role of an “enforcer” on a hockey team (or Sammy the Bull Gravano if you wish). I did indeed trigger the anticipated NLRB complaints, the ire of the AFT President, and the very nasty post-election smear campaign, but we won.
Thus, the 2020 smear—the Cancelation of Collum—was based largely on the 2017 smear resulting from my sanctioned anti-union activity. I was paying dearly for having fallen on my sword for the University. I was also told from back channels that Cornell knew they could not beat me in court, which offered some relief. As to whether that was a deterrent I can’t say, but I have considerable faith in Cornell’s administration and hope they took the high ground on moral rather than legal grounds.
So, what did Cornell finally do? They denounced my Tweet about the Buffalo Geezer (without offering details) in an email sent to University staff, faculty, students, and who knows who else.ref 27 The money-shot was as follows:
We also saw the tweets by Cornell professor David Collum justifying the actions of the police. While Professor Collum has a right to express his views in his private life, we also have a right and an obligation to call out positions that are at direct odds with Cornell’s ethos….we find Professor Collum’s comments to be not just deeply insensitive, but deeply offensive…
~ Martha E. Pollack
President~ Michael Kotlikoff
Provost~ Mary Opperman
Vice President and Chief Human Resources Officer~ Ryan Lombardi
Vice President for Student and Campus Life~ David Honan
Chief, Cornell University Police Department
Deeply offensive? I guess they felt compelled to stem the bleeding, and maybe that did the trick. Those are certainly some heavy-hitting signatures, but there are a few oddities too. The chief of Police signing a letter denouncing me for supporting the police is precious. I chalk that off to an attempt to keep the peace during a period of anti-police sentiment. The Dean of the College of Arts and Sciences—my own dean who said, “What good is tenure without free speech?”—is notably missing. I suspect he said, “Fuck no. I’m not signing”, but have no corroboration (yet).
I offered to step down as Director of Undergraduate Studies (DUS) for the optics and that was eventually done. The Cornell Daily Sun made a big deal of it—they got their scalp—not realizing it was a pyrrhic victory.ref 28 DUS is a wretched job that I had volunteered for because my predecessor was fried. It’s akin to my wife declaring I am no longer allowed to do any housework. OK. Ya got me. On the professional front I had, however, survived a 20-year-long consulting gig at Pfizer during a Darwinian period in which many consultants were put to pasture. That gig vaporized when their HR got wind that they had an RBQMN on the payroll. Other opportunities are not likely to arise now, but Covid-19 has screwed up so many of these already. I’m 65 years old with funding until I am 69. I can see the runway lights dead ahead. But what if I was only 45 with professional hopes and dreams? What if I was like Mike at UNC with underlying mental health issues and took The Final Exit? That would not have been entertaining at all, and, of course, there would be no 2020 YIR.
The speed and ferocity of the cancelation attest to an underlying organization that I have yet to decipher—a dog whistle I could not detect. The uncharitable view of The Mob is that they are despicable human beings. I confess to being scarred by their behavior. A more charitable view is that their teachers, beginning in pre-school and following through high school, profoundly indoctrinated them, and their parents failed to mitigate the damage. Ominously, a colleague once said, “you are what you were.” These young loons risk remaining repugnant and wallowing in victimhood with little to contribute. Redemption is still possible. My generation wore bell bottoms, consumed our body weights in drugs, and looked pretty worthless to our Greatest-Generation parents. There is hope.
Well, I won’t back down.
No, I won’t back down.
You can stand me up at the gates of hell, but I won’t back down.~ Tom Petty, 1989
Truth is confirmed by inspection and delay; falsehood by haste and uncertainty.
~ Tacitus
As everybody on the planet knows, the two cops who shoved the old man in Buffalo, Martin Gugino, were put on leave and appeared to be heading for a world of pain. The entire Buffalo PD Emergency Response Team resigned in protest. Guys like Jonathan Turley claimed the case against them was weak.ref 1 A retired FBI agent said there was no fookin’ way they will be convicted: “I can’t believe that they didn’t deck him.”ref 2 What most people found so horrifying, however, was the apparent callousness of the cops who seemed to walk by him like he was roadkill. Well, that is not really what happened because the media are generally a pack of liars looking for sensational clickbait. Let’s follow the saga of Martin down the rabbit hole.
For days the media played a sound-free, truncated clip of the incident. The full clip with audio and a few more seconds tacked on the end reveals the head cop saying, “Stay in formation. A medic is coming.” The other cop, who had bent down to help him, pulls up and continues forward. The missing three seconds on the end of the clip shows the medic arriving. The cops did exactly the right thing with military precision.ref 3
Two police officers in Buffalo, New York, were suspended after shoving a protester in this incident that was caught on video. An official said the man was hospitalized with a head injury.
The video contains vulgarity and disturbing images. https://t.co/A2Q92yP65q pic.twitter.com/DXq54eDZN8
— The New York Times (@nytimes) June 5, 2020
77477633
Joe Rogan will tell you that the punch is not what kills; it’s your head hitting the pavement. In this case, it was so bad that blood squirted—literally squirted—out of his ear. Here’s the problem: you can bleed from the ear but only after pressure builds up in your skull. I’ve consulted many doctors; the “squirt” doesn’t make sense. Some, including the former FBI agent, suggest the fall was faked as was the squirting blood. Some see a tube sneaking out from behind his mask into his ear (see photo). Surely that ruse would be uncovered, right? Hold that thought. By the way, if you fell and cracked the ol’ noggin’ big-time, would you fall with your legs splayed like limp noodles or with them neatly crossed as shown in the photos? At some point, medics sat him up (see insert). With a cracked skull they sat him up? No precautionary cervical collar or backboard for spine trauma? Many docs and EMTs I consulted concurred; bracing was in order. You might also expect some serious abrasions at the point of contact. None are visible.
Now let’s slow that original video down to show that he was not actually poking at the cops with his cell phone but rather “skimming” their communications gear on their belts to wirelessly steal key info.ref 4 Even The Economist signed off on this little detail.ref 5 I am told never store your phone on the outer wall of your house because pros will skim it late at night from outside the house.ref 4 Sounds crazy.
Here he is sitting up talking on his cell phone (using his good ear at least).ref 7 “Hi honey: I’ll be late for dinner. I’ve cracked my skull.” One EMT claims the ambulance is not stocked with supplies. Seems odd. Maybe it’s a Photoshop.
According to what has been reported to me, that individual was a key and major instigator of people engaging in those kinds of activities.
~ Mayor of Buffaloref 8
Marty—May I call you Marty?—was described as a Christian with a big heart doing God’s work. I am tearing up just thinking of the love. However, he was also a full-time protester with an edgy delivery on social media (and a potty mouth.)
Here is the kicker: In a video filmed before the incident hot-linked below, we see a group having a heated debate.ref 9 You can see Marty with a riot helmet in hand and hear a woman say, “Why would you do that? They’ll lose their pensions.” A young man explains that “This old guy thinks this is fun…This is serious shit” and goes on to say, “I think he is looking to get punched in the face.” Maybe Marty took a dive. Maybe, just maybe, my suggestion that it was self-inflicted was spot on.
Seems he was just there for fun and “looking to get punched in the face”. It was his own helmet in his hands. Unknown what was said to the cops, but think the stumbling was an accident. He did not expect the shove or he would have worn his helmet. pic.twitter.com/M8KQy26cSU
— Ruben Boca (@Schwarzmund) June 5, 2020
OK, but how about the steady stream of reports of Marty’s bleak condition. Recovery was labored. He was having trouble walking. These reports were not coming from a doc with a stethoscope around his neck in front of a microphone but rather from news stories with every single statement qualified as “according to his lawyers.”ref 10 “CNN has not been able to speak with Gugino directly…”ref 11 While Marty was said to be in pretty bad shape, somebody was sanitizing his Twitter feed, Facebook page, and YouTube channel to accentuate his Godliness.ref 12 By the way, what hospital was he in? I couldn’t find him. I reached out to a HIPPA expert for the rules—a guy who wrote the manual for his own hospital—on what a hospital can divulge. Hospital staff can give out no medical information, and you can request that your presence in the hospital not be divulged. I could not locate Marty; he was a ghost.
Alas, Marty “will be recovering at an undisclosed location in order to ensure his privacy, according to his lawyers.”ref 13 I had a lawyer in Buffalo confirm assertionsref 14 that there was no lawsuit filed before the 90-day deadline passed. Where the hell were those lawyers when he needed them?
Of course, there is no hot-button issue that doesn’t draw The Donald to chime in. The Orange Man knew something, which brings in a world-class (and wholly unconvincing) army of debunkers.ref 15 You know where I stand.
The two cops are back on the payroll. The story seems to be over, except for a big hairy-assed guess (BHAG) that somebody wrote Marty a check with a STFO clause to make the story go away. A GoFundMe campaign netted him more than $80,000.ref 16 There are videos of a recovered Marty; he doesn’t seem interested in talking about it. I got canceled because I pondered what Marty Gugino was up to that day. Where is my GoFundMe campaign?
I work with one of the best faculty in the world. A third of them should be put on an ice flow.
~ Scott Galloway (@profgalloway), NYU
Colleges got hit with a freight train this year. An online poll showed that 90% of students think online learning blows, which also means the once-revered and feared MOOC (massive open online course) model also blows.ref 1 Last spring’s scramble to evacuate the campus created a third-trimester education. We pretended to teach them, and they pretended to learn. (On a bad day neither was true.) With colleges shutdown by Covid-19 you would think faculty, students, and administrators could keep out of trouble, but that’s surprisingly untrue. There was plenty of folly.
The narrow mindedness and moral asbestos on campus are not making life simple. An estimated >95% of the faculty profess to be left of center politically. Meritocracy, which was revered in the not-so-distant past but is now a microaggression in many disciplines, is still alive and well in the sciences. (See “Group Statements” for evidence to the contrary.) The humanists are a liberal monoculture with no mechanism to germinate the seeds of diverse perspectives. Progressive activists are groping for change that is a mix of long-overdue ideas, utopian thinking, and thinly veiled opportunistic power grabs. College kids have always demanded the universities address the evils of the world; it’s in their DNA. Administrators previously patted them on the heads and would say, “We care. We really do. Now go back to class to learn how you can change the world.” Society and administrators now seem to lack the will to push back against even the most gruesome of ideas. It is disconcerting that the post-modernist kids think that every challenge—every bump in the road—is not something to be overcome but a deep-seated oppression. This thinking is without merit.
People who insist you follow their ideas are always the same people whose ideas are idiotic.
~ David Stockman (@DA_Stockman), former Reagan Economic Advisor
College Finance. Green Mountain College in Poultney, Vermont, a notably progressive school founded in 1834, won the “Association for the Advancement of Sustainability in Higher Education” award in 2007.ref 2 The campus sustained itself for 13 more years, at which point it got auctioned off for $4.5 million.ref 3 What do you do with buildings in the middle of nowhere? Financier Jimmy Rogers has been predicting a wholesale bankruptcy of colleges for years. I have argued that if we quit measuring progress by degrees and let the number of degrees cut in half we would be better off. We need more skilled craftsmen. NYU’s Scott Galloway has been arguing the collapses of institutions of higher learning could be in the thousands over the next 5–10 years.ref 4 He bluntly notes, “If you walk into a class, it doesn’t look, smell, or feel much different than it did 40 years ago, except tuition’s up 1,400 percent. Universities, after siphoning $1.5 trillion in credit from young people, cannot endure a semester on reduced budgets.” Money maven John Mauldin suggests that “20% of colleges and universities will shut down or merge in the next ten years.”ref 5
Revenues into the colleges were hurt badly this year, employees were laid off, and remote learning torched the already wounded businesses encircling campuses. Delinquencies of commercial mortgage-backed securities (CMBSs) tied to student rental incomes have spiked.ref 6 Division I schools lost $375 million after the cancelation of NCAA Tournaments.ref 7 Summer schools and conferences no longer supplement college incomes. Ithaca’s newly-pubescent mayor and rising DNC star, Svante Myrick, told CNBC that a failure of Cornell to open in the fall would be “cataclysmic”.ref 8 We opened. (I’m predicting Svante will end up in the US Congress if not higher.) The University of Mississippi sent out what is a standard fund-raising letter, yet alums thought it tasteless during a pandemic to remind them to put the school in their wills.ref 9
Admittedly, some of the barnacles should and will be scraped off this old scow. All but six of Massachusetts’ 100 highest-paid state employees in 2019 worked for the University of Massachusetts.ref 10 The University of Texas system has >78,000 Public Employees paid over $100,000.ref 11 These include speechwriters for university presidents ($140,000), library directors ($200,000), and community college presidents ($500,000).
Funding College. I have had a few thoughts about funding college. Caveat: None of this is financial advice. Some might even be a little fraudulent. To optimize financial aid you must appear to be broke—totally impoverished. You also want your kids to be in college concurrently. It’s too late now, but having quintuplets would work and make looking broke a breeze. Beware of college savings accounts. The investments in these accounts seem questionable to me, and, in this context, aid officers zero them out; 100% is available for liquidation before aid is on the table. Funds considered available from the parents is statistically weighted and does not include money in qualified retirement plans, certain annuities, and houses. Save your hard-earned money there. Supposedly, there are unlimited transfers within a family to those under age 30 in most states’ college savings plans. Grandparents should not help the parents or kids look affluent. I could even imagine schemes in which the parents make annual tax-exempt gifts to the grandparents over the years who then come to the rescue with gifts to the grandchildren when the bills come due. Talk to a professional. I might be nuts.
Figure 1. The Lieber Group at Harvard University.
China Syndrome. Charlie Lieber, formerly Chairman of Harvard’s elite chemistry department, was indicted for failing to disclose payments from China along with lower profile arrests across the nation.ref 12 (Apex predator thinking: we tried to steal the interim Harvard chair under the cloak of the chaos.) Lieber’s research group on Harvard’s website was statistically overloaded with what I suspect are Chinese researchers. The Lieber scandal, however, is a tip of a very large iceberg…just the tip. China has been setting up relationships around the globe for years. Some are quite straight forward, but the million-renminbi question is how many were covert? Lawmakers have the scent bigly. (Cute factoid: Trump was not saying “bigly” but rather “big league”, but bigly is funnier.) The Department of Justice claims a staggering $6.5 billion of undisclosed funds have been detected to date.ref 13 I wonder if they mean undisclosed or inadequately disclosed. Cornell is on the list, but I know they do annual digital prostate exams up to the thyroid looking for dirt (financial conflicts). Yale is said to have $375 million of such funds,ref 14 which is getting up to Epstein levels. After an arrest at Texas A&Mref 15 the school belatedly sniffed around and found that five out of 100 Chinese-tied programs had fessed up to receiving funds.ref 16 I wonder, however, if this dragnet is part of the US–China trade battles. If so, it might disappear under a Biden administration.
Affirmative Action. The world has finally figured out that when an admissions offer is given to one person, another must necessarily forfeit one. Society long ago decided that some variant of this is appropriate, but it was presumed to be on a modest scale and largely at the expense of rich white kids from Morristown, NJ. Au contraire. Class action suits have found Asian American kids have been getting their asses royally kicked to an unreasonable extent. After Harvard took a beating in the courts, the Department of Justice (DOJ) turned its gaze to Yale for “oversized, standardless, intentional use of race…undue and unlawful penalties on racially-disfavored applicants, including in particular most Asian and White applicants.”ref 17 Again, in moderation this isn’t nuts, but the DOJ makes a compelling argument for “race-neutral alternatives.” Why not use socio-economic status and geographic location? The prosecutor declared “illegal race discrimination by colleges and universities must end.” It is not obvious to me, for example, that a black kid from Westchester County should be given priority over a white kid from Appalachia. I did seven tours of duty in undergraduate admissions reading essays about the horrors of dead grandparents. (There will be a bull market in dead Grandparent essays and the horrors of Covid-19 going forward. Don’t let your kids do that.) We considered race and other socio-economic circumstances that warranted giving a kid a break. I will not forget the Vietnamese expat whose parents had both died, and he never mentioned it in his application. A letter writer referred to his resilience; we agreed. (Note to parents: if your kid needs an alibi for some glitch in their resume, have them find a letter writer to make the case.) A friend talked his way into Harvard with a 500 verbal SAT. He went on to discover the anti-smoking drug, Chantix, during an illustrious career at Pfizer. I also ran chemistry’s graduate admissions for a record-breaking 7 years. My personal soft spot was collegiate athletes. No pain-no gain is in their DNA, and their GPA was weighted down by grueling practice schedules. My former grad student with the most credentialed career—a TED talker—was a three-sport athlete in high school with a horrid high-school GPA.
That is the essence of a witch-hunt, that any questioning of the evidence or the procedures in itself constitutes proof of complicity.
~ Bergen Evans, former Northwestern University professor and TV host
Social control is best managed through fear.
~ Michael Crichton
Political Correctness. Campuses are supposed to foster new ideas of wildly varying merit. It’s always been that way. Despite Covid-19’s best efforts to squeegee the campuses clean, there is still no shortage of examples ranging from mildly entertaining to terrifying. Possibly the funniest was when Princeton’s president virtue signaled that they suffered from rampant systemic racism. The Department of Education launched an investigation to ascertain if their failure to stem this epidemic and their falsified statements to the contrary in official documents warrant the removal of Federal funding.ref 18 They got punked. Maybe they could turn to China for funding?
Additional random examples of collegiate folly in no particular order are as follows:
If people can’t control their own emotions then they have to start to control other people’s behavior.
~ John Cleese (@JohnCleese), former Monty Python
If the government’s propaganda can take root as children grow up, those kids will be no threat to the state apparatus. They’ll fasten the chains to their own ankles.
~ Llewellyn H. Rockwell, Jr. (@Lewrockwell), founder and Chairman of the Ludwig von Mises Institute
There’s nothing that cleanses your soul like getting the hell kicked out of you.
~ Woody Hayes, legendary Ohio State football coach
It is impossible to create a parody of extreme views so obviously exaggerated that it cannot be mistaken by some readers for a sincere expression of the views being parodied.
~ Poe’s Law
Appeasers believe that if you keep on throwing steaks to a tiger, the tiger will turn vegetarian.
~ Heywood Broun, former journalist
America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves.
~ Abraham Lincoln
I have only ever made one prayer to God, a very short one: ‘O Lord, make my enemies ridiculous.’ And God granted it.
~ Voltaire
There is still very little pushback against lame ideas on campus, but once in a while somebody wanders down the IED-rich path. Professor Josh Katz of Princeton—yes, Princeton again—argued that special cash payments and teaching breaks for underrepresented faculty were inappropriate.ref 51 Incoming! A law professor at UCLA wrote a zinger of a requisite “diversity statement”, calling for more right-wingers and religious zealots (religious freedom, actually).ref 52 Idaho passed a bill banning women with XY chromosomes to compete against women with XX chromosomes.ref 53 The Ohio State Senate unanimously passed a bill that would ban free speech zones on the state’s college campuses on the logic that the remainder of the campus should allow free speech as well.ref 54
Covid-19. University administrators faced a remarkably difficult situation. It was open up or go broke. No question the quality of education took a beating. You could argue that none of these kids are Covid-19 risks, and campuses would be great places to attain herd immunity. The faculty are less glib about this idea—especially the old ones—and it is unclear if moms and dads would sign off on such a grand experiment. Cornell took the opposite approach by heroic efforts to keep ahead with quarantines when needed (in the posh Statler Inn on campus) and testing all of us twice a week—5,000 tests per day. That beats the rate of most states. Of course, the disease spread around campuses via a primary transmission mechanism of beer and sex (in that order). The 1,825 annualized alcohol-related deaths between the ages of 18 and 24ref 55 far exceed the fatalities of Covid-19 on campuses (by about 1,821; I’ve heard claims of four.) Students at Tuscaloosa, Alabama had Covid-19 parties in which everybody put money in the pot. It was winner take all for the first documented infection.ref 56
The virus isn’t going away. That’s why campuses need to reopen…This [is] at least a four-to-five-year problem. Pausing in-person education that long would be devastating to colleges and their students. And even a one-year delay would be a substantial challenge.
~ Joseph Aoun, President of Northeastern University
Northeastern University followed through on its ‘max punishment’ threat by expelling 11 students for “violating social distancing protocols” and then pocketing their tuitions.ref 57 NYU booted a kid for a Covid-19 protocol breach even though all his classes were online, he lived off-campus, and never came to campus.ref 58 Paging Scott Galloway. Harvard went to 100% online education for 2020-21 without hesitation while keeping their $49,653 tuition unchanged.ref 59 I am told that Harvard gives out so much aid that canceling their entire undergraduate program would save them money.
We have to stop demonizing people and realize the biggest terror threat in this country is white men, most of them radicalized to the right, and we have to start doing something about them.
~ Don Lemon (@donlemon) on @CNN (October 29, 2018)
In the early 1930s, Hitler said the same thing about the Jews that Don Lemon of CNN just said about white men.
Ephraim Mattos, Former US Navy SEAL
A video surfaced showing that Don Lemon was not always this screwed up.ref 1 With the growing wave of progressive thought and victimhood invading every nook and cranny, my ritualistic survey of political correctness is getting almost too much to bear. Before moving forward, I would like to draw attention to a panel discussion of 7 black thought leaders that was organized by Bret Weinstein.ref 2 I was awed by these hero archetypes. Others including Brett and Eric Weinstein, Heather Heyling, Douglas Murray, Glen Greenwald, Matt Taibbi, Sam Harris, Joe Rogan, Bill Maher, Tim Poole, and James Lindsay are part of a growing cadre of liberals (Murray aside) attempting to pull the national discussion back toward the center. I bring you 2020’s bulleted absurdities.
A republic, if you can keep it.
~ Ben Franklin
A few weeks ago, an online petition was launched calling on us to “remove racist packaging from [our] products.” Following were inaccurate reports that the petition prompted us to take action. We want to be clear: we disagree that any of these labels are racist. We do not make decisions based on petitions.
~ Trader Joe’s (@TJoes_Official), a grocery chain with testicles
We have to realize that there is no point in engaging with these kinds of people…we have got to learn to stand up to these people and say no….You tell them that you are not going to agree with them…You are going to get called a dirty name by a person who sounds articulate without the sky falling….We can’t be scared of being called a racist.
~ John McWhorter (@JohnHMcWhorter), African American linguist, Columbia University (ex-Cornell)
Who are black people supposed to call? Ghostbusters?
~ Charles Barkley (@_CharlesBarkley), on defunding the police
Now the left wants to cancel “Paw Patrol.” These people are truly insane… “The Protests Come for ‘Paw Patrol’”
~ Eric Trump (@EricTrump if he can keep it)
No need to worry. PAW Patrol is not canceled.
~ @pawpatrol
I will not partake in the reracialization of society.
~ Douglas Murray (@DouglasKMurray), author of The Madness of Crowds
Female interviewer (on gun training for boys): ‘But you’re equipping them to become violent killers.’
General Cosgrove: ‘Well, Ma’am, you’re equipped to be a prostitute, but you’re not one, are you?’
Today, I’ve expanded that ban to people and companies that do business with our Country, the United States Military, Government Contractors, and Grantees. Americans should be taught to take PRIDE in our Great Country, and if you don’t, there’s nothing in it for you!
~ Donald J. Trump (@realDonaldTrump), on critical race theory seminars
There’s Superman and there’s Batman. Superman’s job is to help good people. Batman’s job is to hurt bad people. I will always be Batman.
~ Michael Malice (@michaelmalice), author and real Mensa candidate
We are much closer to Brave New World than 1984…A lot of these mechanisms for social control are outsourced to low-quality people.
~ Michael Malice
Bismarck tried to do a Nevil Chamberlin-quality appeasement of the Social Democrats by lavishing them with healthcare programs, turning Germany into a decidedly more FDR-like welfare state.ref 58 The system was successful except that the Social Democratic Party took power by 1912. The rest is history. Hold your ground.
*The sign is funny; the Tweet won the Internet in 2020.
You’re all fucked up. Unfuck yourselves.
~ Dan Crenshaw (@RepDanCrenshaw), US Congressman from Texas and former Navy SEAL.
Only simple ideas can be held by large groups of people, so the commonly held ideas are almost always dumbed down to the point where they are practically lies.
~ Bill Bonner, author and money manager
At a primal level, I find virtue signaling, which I define as fibbing your ass off to convey you’re virtuous, is repugnant. We all do it at some level: you may think I am doing it now except that I am not knowingly lying to achieve an end goal. When you put a Black Lives Matter sign in your store window, you are (a) acting on a profound conviction and willingness to sacrifice business from those who disagree, (b) trying to show your neighbors and passersby that you are virtuous, or (c) trying to keep rioters from burning your store down. Two of those three are justifiable and meritorious.
I also have an increasing aversion to group statements as a form of virtue signaling. Let’s leave aside group statements of the type that lead to riots in the streets and cancel culture on campuses that have no place in a civilized society. Instead, let’s focus on statements from smaller groups that profess to share a common belief system and wish to display these virtuous beliefs. I have a few questions:
I grew up in a society in which we all agreed gays were just plain weird, ignoring the pesky little detail that approximately one in seven of us were gay and unlikely to fess up to the other 85%. I know a small organization in which several wished to express public support for Black Lives Matter with a banner. Others felt their group was neither a political organization nor likely to benefit from such a political statement. What would it hurt to do so? Well, ya never know, but the possibility of political exhaustion by even the most thoughtful members of the community may leave people silently troubled by politics invading their world. Viewership in the NBA, ESPN, and Academy Awards plummeted this year. Maybe the world is filled with racists and bigots or maybe—just maybe—viewers simply wanted to escape from a polarized world through hoops and laughs.
What is happening here? Group-think is the phenomenon in which members of similar backgrounds begin to think in unison rather than as individuals.ref 1 It is said to become acute when the group is under stress. The sense of safety in numbers leads to a sense of invincibility while the loss of independent thought removes checks and balances. Group identity overrides individuality and overtly pressures all members to conform. Opposing views are both oppressed and self-censored because autonomous actions are disloyal. Everybody must compromise to preserve the group’s identity.
The whole episode was nuts. It was like watching Bruce Springsteen and Dionne Warwick be pelted with dogshit for trying to sing We Are the World.
~ Matt Taibbi (@mtaibbi), author and former writer for Rolling Stone, on the Harper’s Letter
A letter to the editor of Harper’s spearheaded by African American Coleman Hughes and signed by over 100 prominent (famous) scholars around the globe supported free speech and implicitly denounced the cancel culture movement.ref 2 I must confess to having a warm spot to this idea. A good idea soured immediately. First, it had to be non-partisan, but it opened with a few potshots at The Donald. That seemed to be a rookie faux pas for elite scholars looking to explicitly support open and non-partisan dialogue. The trouble, of course, was not hammering the Cheeto but rather who signed the letter. “Oh my God! I signed a letter that was co-signed by trans-gender-hating J. K. Rowling?” After the shitstorm and the brown dust settled, only four signers withdrew their support, but the storm, not the message, became the story.ref 3 That group letters are dubious has been expressed independently by John McWhorter, Andrew Sullivan, and David French. Social movements have replaced religions. I wrote about this in 2018.ref 4
KD alumna Amy Coney Barrett was nominated to serve on the Supreme Court. While we do not take a stand on political appointments, we recognize Judge Coney Barrett’s significant accomplishment. We acknowledge our members have a variety of views and a right to their own beliefs.
~ Kappa Delta National Sorority (@KappaDeltaHQ)
Seems pretty neutral while celebrating achievement. It would appear that some of the sisters sucked their thongs up their asses, prompting the national sorority to delete the Tweet and apologize, which got other sisters mad as murder hornets.ref 5 This is crazy shit. The original tweet was tame and should not have hit a bridge abutment, but it did so because group statements don’t reflect the sum of the individuals.
Collum chemistry paper: “…assisted by the retarding effects of deuteration…”
Peer Reviewer: “reword the sentence to avoid the usage of …’retarding’.”
Collum: “’Retarding’ stays because it means ‘delay or hold back in terms of progress.’ I pray that you are not opposing that usage because the root is ‘retard.’ Please don’t let such toxic thoughts like that invade science.”
Peer Reviewer: “The authors should consider these comments as potentially representing other readers of JOC.”
Collum: “Doubtful”
You’ll never guess what I wanted to call that reviewer. I used this example as a transition to an area historically known for its fierce independence—the sciences. This was both a great year for science—the assault on Covid-19 was a monumental effort—and what I believe to be a disastrous year for science. The setbacks owing to sheltering were painful for those in their formative years but will prove temporary. It is in the social fabric of the sciences that things unraveled.
Science is the belief in the ignorance of experts.
~ Richard Feynman, ex-Cornell and ex-Cal Tech physicist
In 2018, I made one of the most factual statements you can make on anthropogenic global warming:
I have little to offer…I have not put in the 10,000 hours needed to form an educated opinion…. all my colleagues in science with relatively few exceptions will sign off on the notion of anthropogenic global warming with what is a vote of confidence in their scientific brethren but with inadequate self-study, providing an overstated scientific consensus.
~ 2018 YIR
We all necessarily work with what is called “borrowed knowledge”, insights and wisdom that somebody else accrued, and we merely assimilate. We have no choice; the world is a complex place. But in the digital age, our source material can get pretty gnarly. I must confess to being increasingly appalled at how readily scientists defer to the scientific community—”follow the science”—while not doubting that the sciences have their fair share of charlatans, hucksters, and prima donnas.
The Gell-Mann Amnesia Effect describes the phenomenon of an expert believing news articles on topics outside of their field of expertise even after acknowledging that articles written in the same publication that are within the expert’s field of expertise are error-ridden and full of misunderstanding.
This is cognitive dissonance. Scientists assured us that Isaac Newton’s physics had been largely fleshed out by the end of the 19th century until that hairy little guy in the Swiss patent office (with serious physics degrees) turned the physics world upside down. Scientists assured us that cigarette smoking was not bad for our health while not fessing up to being on Big Tobacco’s payroll. We all knew that was merely baloney for the courts. More than a half-century ago we were told low-fat diets would make us thin. Nobody questioned that; the euphonious arguments seemed so logical provided you don’t dig too deeply into the biochemistry of fat deposition. The scientists who promoted low-fat diets were backed by the sugar lobby,ref 6 and now the world realizes (for the time being, at least) that the carbs are giving us Dunlop’s Syndrome. And, of course, my current favorite is the trillion-dollar-per-year climate-industrial complex telling us that climate change is a crisis requiring, for starters, many more trillions of dollars to solve it. Follow the science. I followed that science last year and concluded that, while environmental issues are quite real, the climate crisis—the crisis part— is a steamy load of biomass. Don’t believe me? Go read it.ref 7 Scientists who deviate from the script have suffered professional beatings. Cancel culture rages in the climate science community and now rages in the virology and epidemiology communities as well.
Science progresses through its ideas and counter-ideas. But I was utterly unprepared for the onslaught of insults, personal criticism, intimidation, and threats that met our proposal. The level of vitriol and hostility, not just from members of the public online but from journalists and academics, has horrified me….I have found it so frustrating how, in recent weeks, proponents of lockdown policies have seemed intent on shutting down debate rather than promoting reasoned discussion.
~ Professor Sunetra Gupta (@SunetraGupta), one of three authors of the Great Barrington Declaration
The Secret Group of Scientists and Billionaires Pushing a Manhattan Project for Covid-19
~ headline
Most scientists would immediately recognize that headline as a call for serious bucks. It foreshadowed what became Operation Warp Speed, a gargantuan search for a vaccine that appears to have succeeded. Scientists necessarily become rather adept at selling the importance of their science. Follow the money. The phrase “follow the science” became a rallying cry in the politicized world of Covid-19 despite some overt and rather profound disagreements from scientists with serious gravitas. The dissenters of the narrative were silenced, censored, ostracized, and, yes, canceled. Many of them appear to have been correct too. Identity science is alive and well.
When you mix politics and science you get politics.
~ NYTimes
The 2020 Nobel Prize in Chemistry was awarded to two women for their development of CRISPR, a technique for modifying human genes. Some Nobel Prizes leave the community scratching their heads. “That guy’s work blows. How did he get it?” CRISPR was a score of undeniable importance. A controversy emerged, however, because an MIT biochemist may have been first. It is being litigated now.ref 8 A Japanese chemist could argue for a share from work that may have planted the seed to germinate years earlier.ref 9 As I see it, they all seem worthy although the rules preclude giving it to four people. Googling away I found many articles on the controversy, but there was a theme. Culling out the two women was declared a win for women. This thing is not a big deal to me, but it reminds me just a bit of when the OJ acquittal was declared a big win for the African American community. The big win for the women was that two women won the Big One, not that the men were excluded.
Science has always had a political component, but the year 2020 super-charged identity science. Let’s start here:
Scientific American has never endorsed a presidential candidate in our 175-year history—until now. The 2020 election is literally a matter of life and death. We urge you to vote for health, science and Joe Biden for President.
~ Editorial Board, Scientific Americanref 10
I have to ask: Did you folks do this because you concluded that you had greater wisdom or raw intellect than 175 years of your predecessors or was it that Joe Biden was so disproportionately better than the Orange Man? No endorsement for Abe Lincoln, FDR, or JFK, but Biden gets the nod? Was it really a “matter of life and death”? The editors willingly crossed this Rubicon because of their sense of self-importance that may represent an historical moment. That didn’t stop the elite journal Nature from jumping on the Virtuous Bandwagon (VB).ref 11
While I am on it, I found arguments about life and death and why The Orange Man has hurt science to be subject to interpretation. As told to me by a molecular biologist of some repute, “Anybody who says they understand this disease is delusional.” I know one way to really hurt science: take away their funding. It is the lifeblood of technological progress. It pays for the graduate students and postdoctoral fellows in programs across the nation. So let’s look at the politics of science through that lens. Did Trump really irreparably damage science?
Figure 1. Science budgets 1976–2020.
If you are thinking as a group you have ceased independent thought. I very much doubt these editorial boards had the full support of the scientific community, but they did have safety in numbers and consensus. A friend who is an editor of a chemistry journal signed a politically charged statement in his own journal written by a larger group. Did he have a choice? In his words, “no.” I was an associate editor for 20 years. Would I have signed it? I can’t answer that counterfactual.
Historically, the claim of consensus has been the first refuge of scoundrels; it is a way to avoid debate by claiming that the matter is already settled…There is no such thing as consensus science. If it’s consensus, it isn’t science. If it’s science, it isn’t consensus. Period.
~ Michael Crichton
On a more microscopic scale, a wild chemist named Tomas Hudlicky from the Czech republic who could now pass for a fifth-generation Hillbilly published an article in a prominent German chemistry journal arguing that the push for diversity hurts organic chemistry.ref 12 One can rationally discuss the negative externalities of affirmative action, but this did not seem like James Damore 2.0. It would be hard to grasp how both the peer reviewers and editorial staff let that one by and, for that matter, why Tomas thought that was a good argument to make as a soloist. In any event, the 16 US-based advisory board members of the journal—some profoundly eminent scientists by any measure—wrote a manifesto denouncing Hudlicky’s paper and promptly resigned.ref 13 I have a few more questions. Could they have repaired perceived flaws in the system from within had they stayed? Was this statement of troubled consciences by tenaciously independent scientists generated spontaneously or did group-think take hold? Did the manifesto and move really represent the views of all 16? What are the odds and how would it have played out if one or two decided to stay?
The process of abandoning all beliefs, principles, values, and policies in search of something in which no one believes, but to which no one objects.
~ Margaret Thatcher on Consensus
During the George Floyd Riots there emerged a move to cancel STEM (science-engineering-technology-math) because it fosters white privilege. This is high-order stupidity emanating from those who would not know how to make a robot, sequence a gene, or synthesize a drug. (Well, maybe a couple could synthesize a drug.) Many are happy to tear down a system in which they are themselves unprepared to compete. Who of any credibility in their right minds would sign off on this nonsense?
Yes indeed. That is a tweet from the Chemical and Engineering News Twitter feed. That other image metaphorically illustrates that if you can teach a bear to ride a bicycle you can certainly trigger a scientific organization to condone their own demise. I may be a pariah now after 40 years of a solid career, but you don’t own me and never will.
Every great cause begins as a movement, becomes a business, and eventually degenerates into a racket.
~ Eric Hoffer, American moral and social philosopher
The proximate cause of the extensive 2020 riots may seem simple to some but the underlying cause is certainly not. It was not about George Floyd any more than us entering WWI was about the Lusitania. The movement had been brewing for decades.
I don’t believe in anything. I’m just here for the violence.
~ Banksy, artist and philosopher
The big contributor, in my opinion, is the unrest arising from wealth inequality. History shows a big wealth gap always causes problems. Occupy Wall Street was the beta test in the US. People could see through the lens of social media that the banking system is corrupt. I have criticized the Obama Administration for two policies: (1) bombing the hell out of the Middle East, and (2) failing to round up some scoundrels after the ‘08–’09 crisis—failing to set up an analog of the 1930s Pecora Commission—to feign cleansing of the wound. (The Chicken Shit Club is a great read on the judicial failures following the ‘08–‘09 crisis.) The wealth inequality stemming from the migration of our economic system from wild-west free-market capitalism to a form of state capitalism has been long in the making. For me, the blame lands squarely on the Federal Reserve’s policies used to protect the money trusts and was exacerbated by the Citizens United Supreme Court decision that opened the floodgates for money entering politics in unimaginable quantities.
The oldest and most fatal ailment of all republics is a gap between the rich and the poor.
~ Plutarch
The Black Lives Matter movement is relatively unassailable. How can you not support it? I have written about police brutality many times and about the difficulties of being a cop on the front lines. The formal organization, Black Lives Matter, Inc, seems to be modeled after the Rainbow Coalition organized and run by Jesse Jackson. BLM, Inc. has been around for years and has accrued an estimated $1.7 billion.ref 1 It seems to have a payout ratio that rivals that of the Clinton Foundation and with similar interests. Oddly enough, the major fundraiser of BLM, Inc was serving a 58-year prison term until Clinton clipped 42 years off it with a pardon on his last day in office.ref 2 Claims of the connections of BLM and the DNC are relentlessly refuted.
Booming Tear Gas Industry Continues To Lead Global Economic Recovery
~ @Zerohedge headline
The phrase Black Lives Matter was the siren call for the protests, but the complex structures of the protests is what I find interesting. The protests were tee’d up for a long drive. We were in the midst of the most polarizing election year in living memory. A recent poll showed 1-in-3 Americans representing both major parties could justify violence to advance their party’s goals.ref 3 Covid-19 created a 350-million-strong standing army with time on their hands and deep angst about the future. The masking up of America provided the perfect cover. In any other year, if you saw a guy walking toward you dressed in black with a mask covering his face, you would run or call the cops (like Karen). In the surreal Year of Our Lord 2020 that was standard-issue apparel. Facial recognition was useless for identifying perps. And if all that wasn’t enough, the canceled Fourth-of-July celebrations put a lot of fireworks on deep discounts. The actors in this drama could be loosely grouped as follows. I remind you that this is me from way outside looking in, and we know how well that has worked out.
Social Activists. Those who deeply cared about the social issues being confronted are nearly indistinguishable those who wanted to be part of a movement to feel substantial, to feel like they are playing a role. I suspect both groups populated the city streets mostly in the daylight hours when the protests were largely peaceful. This is free speech. One reason you have curfews is so that the law-abiding citizens clear the streets so that nefarious characters can be attended to.
Looters. There are, of course, the looters—needy, greedy, or both. This makes for good clickbait for bloggers and media pundits, but there is not a lot of nuance to this group.
iPhone Rubber Neckers. The group that most underestimates their own contribution to amplifying the riots is the rubber-necking iPhone crowd. These self-appointed chroniclers with grisly curiosities and dreams of viral social media posts were present both day and night. But it is in the night that shit happens. They think they are passive observers, but their numbers provide cover. They also suffer from the “bystander effect,” chronicling when helping might have been more appropriate. Without them, however, the riots would be largely undocumented because neither Brian Stelter nor Laura Ingraham would be out there.
Antifa Foot Soldiers. What is Antifa? They are not Berkeley students on spring break but rather operationally anarchists. I am unsure whether that is a political stance or simply a primal urge to cause trouble.ref 4 Those chanting “Death to America” are anarchists with oikophobia (hatred of the country). Evidence accrued from afar—all of this is from afar—suggests that they may be in it for money but from where or whom?ref 5 Claims of foreign sources seem credible but could just be media hooey.ref 6 Mugshots (below) suggest they are at the bottom rung of the socio-economic ladder and probably have meth teeth if they smiled. Some look like recruits from a Comic-Con Convention. The mugshots also show with stunning regularity that they are largely white.ref 7 This is not the BLM A-team. A black police officer described how racist the white protesters were in contrast to the black protesters.ref 8 The African American populations in the biggest hot spots—Minneapolis, Seattle, and Portland—are quite low.ref 9 What happened in Detroit or Baltimore? Not much.
Police. Of course, the police were present, but only when the mayors let them. They were lightning rods. I find it truly stunning that the relatively youthful (inexperienced) cops on the front lines of this brawl rarely lost their shit. This one looks like Battle of the Bastards.ref 10 They were getting paint balled, hit with ball bearings from sling-shots while cleaning their face shields, shot in the eyes with laser pointers, pelted with bricks (recyclable),ref 11 and doused with bottles of urine (single use). The fireworks made it look like Mogadishu on a rollicking Saturday night. How many protesters were shot? There must have been some, but I don’t know of any.
Peaceful protesters do not show up in a van full of explosives.
~ Carmen Best (@carmenbest), Seattle Police Chief
Mayors. The mayors of the cities afflicted by violence appeared to be gobsmacked by it all. Their choices were bad, but they also made bad choices. When the Rodney King riots started to spread to cities beyond LA, the mayors snuffed them out fast. Not so this time. The Portland mayor is a total invertebrate. From his stump of a brain stem, however, emerged the last gurgling of common sense:
When you commit arson with an accelerant in an attempt to burn down a building that is occupied by people who you have intentionally trapped inside, you are not demonstrating, you are attempting to commit murder.
~ Ted Wheeler, Portland Mayor
The Seattle mayor banned offical use of pepper spray for 30 days, prompting the cops to alert the community that they are on their own now. We can’t help.ref 12 I’m surprised he didn’t ban sales of plywood. (NB-The Israelis have developed the most profound crowd repellant called “skunk spray.”ref 13) The restraint of the police by the mayors combined with the surprising self-restraint of the cops opened the door for consequence-free mayhem.
The DNC and the Media. The DNC played the protests to what they believed to be their advantage. That seemed to be a gross miscalculation. The public does not support lawlessness. More on that below.
I find the behavior of CNN and MSNBC to be astounding. Chris Cuomo is a complete meathead and is emblematic of an attention-starved media that will say anything or distort any story for more clicks. Whether you lean left or right, there is nothing gained by getting lied to from all directions. All stories about the riots were pitched as anti- or pro-Trump. Period. With buildings burning and scenes from Gangs of New York, CNN pronounced the protests to be largely peaceful. It was a DNC talking point and the birth of a meme. Footage hailed by the media as citizens dealing with a problematic protester was clearly a takedown by plain-clothes police working the crowd,ref 14 surgically removing the trouble maker and explicitly leaving others behind. There is also footage showing the police harassing journalists.ref 15 The optics were bad, but tensions were running high, and nerves were ragged.
Organizers. There was structure to the riots that was the big unreported story. I presume the FBI is on this one. I know they are paying attention to Antifa on college campuses. Busloads of protesters and truckloads of riot paraphernalia were being brought on the scene.ref 16 The same violent rioters were arrested in different cities (Portland, Kenosha, and Washington, DC).ref 17 The guy below got nabbed four times in four cities and was finally charged with a felony.ref 18 Too many more beatings like those and his atom-splitting days will be over.
Pallets of bricks were showing up at the scenes with regularity. How convenient. There was some effort by the media to refute this, but the police didn’t buy it:
In a really interesting narrative, a blogger infiltrated riots moving from city to city. His story is well worth the read.ref 19 He describes an underlying organization—the same tactics and the same faces—in all the riots. As he began to identify the organizers, they began to identify him. He was forced to change his clothes to re-enter the fray without being detected. Kenosha police arrested 175 people, 102 of them imports from 44 different cities.ref 20 One CNN reporter, after noting that 20% of protesters in Minneapolis were from outside Minneapolis,ref 21 exclaimed, “So the vast, vast majority are from Minneapolis.” That’s good reporting, Mr. Drudge. Meanwhile Hollywood celebritiesref 22 and Biden campaign staff membersref 23—all in full-blown virtue signaling mode—provided bail money in their NCLJP (No Crackhead Left in Jail Program).
Jonathan Turley referred to “a curious effort” to assert that “white supremacists are driving the rioting” and called it “implausible.”ref 24 That DNC-driven narrative got traction only with the most gullible. Susan Rice tried to blame “foreign actors” that were “right out of the Russian playbook,” alluding to the Steele Dossier.ref 25 Anchor Wolf Blitzer responded, “you’re absolutely right on the foreign interference.” Blitzer then asked Rice if she thought the Russians were attempting to “embarrass” the US by “promoting the racial divide in our country.” No Wolf. You and Susan are doing just fine.
Violence creates many more social problems than it solves…. If they succumb to the temptation of using violence in their struggle, unborn generations will be the recipients of a long and desolate night of bitterness, and our chief legacy to the future will be an endless reign of meaningless chaos.
~ Martin Luther King, Jr.
The Statues. Putative war heroes of the past had been drawing fire for years, but they finally took some fatal headshots during the riots. To the extent that many were Confederate Generals erected during racially charged periods in what appeared to be blatant messages to minorities to stay in line, their merits should be debated. The rioters moved through hero hierarchy, however, to Christopher Columbus, which requires some level of abstract thinking. (The Angles and the Normans still piss me off.) It got a little nutty by the end when guys like George Washington and Ben Franklin were on the chopping block. Videos of an angry elderly black woman trying to stop the largely peaceful protesters from tearing down Abe Lincoln’s statue shows the battle of gumption versus idiocy.ref 26 In one Catholic church Jesus’s head was lopped off a statue.ref 27 Teddy Roosevelt was removed by curators from the Museum of Natural History because he symbolized colonial expansion.ref 28 (We all do.) Dallas took down the Texas ranger statue in the airport.ref 29 In Portland, the largely peaceful protestors destroyed an elk.ref 30 Yes. An elk. Somehow, amidst all this carnage, they missed the really important one. Rudy: This is your calling.
Republic of Chaz. The inept Seattle Mayor lost control of a few blocks of prime real estate in the city, which was soon set up as the Sovereign State of Chaz (Capitol Hill Autonomous Zone).ref 31 It started like Woodstock (with more drugs), but it soon decayed to Bartertown. The mayor called it “the summer of love.” That really is nuts. The original landowners within Chaz were not so thrilled they had suffered eminent domain by Antifa. A parody tourist video is quite a hoot.ref 32 Chaz became history when the protesters threatened the Mayor’s 5,000 sq ft., $7.6 million mansion. A dollop of reality with a nudge from the mayor smothered yet another Utopian dream in the crib. Similarly, Mayor Lightfoot of Chicago, whom I kind of like and sympathize with, also declared her block off-limits to protesters.ref 33 The mayor of Oakland was unable to keep the vandals away from her house.ref 34
I have a right to make sure that my home is secure.
~ Mayor of Chicago
The last person to disband the police was Sting.
~ God (@TheTweetOfGod)
Anti-Police Sentiment. Why do the police keep shooting so many innocent African Americans? We were fresh off the Breonna Taylor killing, which is a poorly understood and fascinating example of a perfect shitstorm.ref 35 Many have asserted that the police are not racist or out of control.ref 36 I’m staying agnostic on that one. Here is a fascinating video, however, showing how quickly you will die if a suspect pulls a gun on you.ref 37 It is worth a gander. Regardless of the narrative, anti-police sentiment ripped across the land (or at least across the airways) with some humongous consequences. Here’s a few notable responses to the decaying sentiment:
Citizen Insurgents. One of the great risks during the riots and going forward is pushback from law-abiding (and what may become formerly law-abiding) citizens. On the micro-level, it would be a physical defense of property like Mayor Lightfoot suggested was valid, but it could quickly become a high falutin’ insurrection. If there are nefarious instigators supporting the Left, there are probably embedded instigators on the Right as well. The ongoing Battle of Portland raged for more than three months as Andy Tifa and the Skateboard Team dressed in all black battled Billy Bob Bubba et al. adorned with American flags and Trump logos. It was WWI-like trench warfare confined to a few city blocks. There was a rumor that Hells Angels and the Mongols were coming to do a little Helter Skelter in Portland, but that never crystallized.ref 50 (Too many drugs to run.) A potentially huge culture clash seems to have been mitigated (so far) by the geographic separation of the urban Tifas and the rural Bubbas. Let us not forget, however, that Hannibal brought elephants across the alps to do a number on Rome.
The people in Polk County like guns. They have guns. I encourage them to own guns…And if you try to break into their homes to steal—to set fires—I’m highly recommending they blow you back out of the house with their guns.
~ Sheriff Judd, polling about 98% for the next electionref 51
I think it was Antifa threatening the burbs that caused people to sit up and take notice. It is unnerving to realize that when The Mob decides what it wants,ref 52 the authorities have very few tools for attitude adjustments. Government and currencies are both fiat—they require confidence. The implicit push into the suburbs maybe for the first time since the Civil War was a special touch. I’ve always wondered why Islamist terrorists didn’t just take out Peoria with a couple of van loads of hooligans and cases of Molotov cocktails. Maybe you get no virgins for that.
Even within the cities, there were vigilante defenses. Labeling your store a “minority-owned business” in bold lettersref 53 should wave off BLM protesters and their supporters, but the Antifa squad couldn’t care less. Some guy protected his store with a chainsaw.ref 54 If that was not enough, a clown outfit would seal the deal. A highly progressive young women in Rochester grabbing a bite to eat between protests was confronted by other protesters demanding she submit to show solidarity.ref 55 Muffled by a mouthful of veggie wrap, she told them to fuck off. Not all heroes wear capes. The rest of the patrons in the restaurant had their hands raised muttering Stalinist slogans. Curtis Sliwa of the Guardian Angels—remember them?—decided he and his AARP team would make a stand defending a Footlocker against looters for several nights.ref 56 It is a colorful narrative.
If we can’t handle you, I’ll exercise the power and authority as the sheriff, and I’ll make special deputies of every lawful gun owner in this county, and I’ll deputize them for this one purpose to stand in the gap between lawlessness and civility. You’ve been warned.
~ Sheriff Daniels, another Floridian Sheriff
A lawyer-wife combo armed with something well short of an arsenal stood their ground in a gated community against a mob of largely peaceful protesters.ref 57 Being a lawyer helped when the authorities came with search warrants.ref 58 As largely peaceful protesters were rumored to be en route from Spokane to Coeur d’Alene, the Welcome Wagon comprised of hundreds of well-armed citizens were ready. The protesters showed up and absolutely nothing happened.ref 59
And then there is the infamous case of Kyle Rittenhouse who shot three largely peaceful protesters in Kenosha, Wisconsin.ref 60 His legal A-team,ref 61 which has enormous funding from those who are not big fans of civil unrest, put together a compelling video showing the positive side of Kyle and explaining all his good deeds.ref 62 Those on the business end of the Rittenhouse barrel also had serious rap sheets—“a pedo, a felon, and a habitual wife beater.”ref 63 There were, of course, no arrests made of the guys who appeared to be attacking Kyle. It looks like self-defense,ref 64 but is it air-tight? Kyle crossed a state line, which may be a problem, and the choirboy image is dented by a video surfacing showing Kyle kicking the crap out of some girl.ref 65 He needs Bill Burr on his defense team.
Most of us who rent all our lives, don’t care if property is destroyed.
~ source unknown
Economic Consequences. Take an afternoon drive through Newark. They are still recovering from the riots in the 60s. (Fun fact: While Newark was burning, my wife, a teenager at the time, was smuggled out of Newark under a blanket in the back seat by a black family whose child she was tutoring.) Small businesses, the life-blood of the country, survive in the best of times on razor-thin margins. Covid-19 hit them with a crushing left hook. The looting may have caused many that might have survived to die. I can hear former-economist Paul Krugman calling it “quantitative looting”, juicing the local economies by replacing Mr. Bastiat’s broken windows and restocking barren shelves. Also, the looting doesn’t matter because we are looting from ourselves.
Cost Of Living Now Outweighs Benefits
~ Headline, The Onion
A mass exodus from the major cities is stemming from a combination of here-to-stay Zoom-based communication, the cost of living in the cities reaching a tipping point, and the disadvantages and the risk of city life. Gun sales spiked 95% and ammunition sales are up by 139%.ref 66 The highest big jump was among those who seem to lack the financial resources to leave the city or even the neighborhood. I am told the uber-rich hedge-fund managers all have bug out plans—one call to mobilize, a quick commute to the airport, and a private jet to the Caribbean. Companies and stores are also leaving the cities: who is going to rebuild a business in the same place that it was destroyed?
In politics, nothing happens by accident. If it happens, you can bet it was planned that way.
~ FDR
Epilog. There is one question that’s been really nagging me. When it became clear that the riots were not the DNC’s best talking point, there was a mood change at CNN. Don Lemon and Chris Cuomo abruptly stopped defending the protesters and started denouncing the violence in concert with the democratic mucky-mucks doing the same. And then the violence stopped. There were few signs of life on the battlefield; the riots just stopped. Here is the question: if the DNC and DNC-driven media can shut down the riots on command, who started them in the first place?
The entropy of revolution.
~ Eric Weinstein (@EricRWeinstein), The Portal and Thiel Capital
There is nothing more deceptive than an obvious fact.
~ Arthur Conan Doyle, (1891)
If it had not been George Floyd it probably would have been somebody else. Society seemed primed for an explosion in a Fourth-Turning. George Floyd, however, provided a particularly grisly proximate trigger. He was an unlikely martyr because of a resume that included years in prison, armed robbery, significant drug problems, a colorful side job as a porn star, and, on that day, a money launderer trying to pass a fake $20 bill.ref 1,2,3,4 The apparent execution in broad daylight seemed so beyond the pale—so difficult to fathom. Why did those other cops just stand there so calmly? How could Chauvin suffocate him with his knee on Floyd’s neck so callously with his hand nonchalantly in his pocket like that? Dave Chappelle’s “846” speech is a must-see.ref 5 He may not have had all the facts, but he captured the outrage. Of course, this trauma brought in supporters of the highest caliber. Chuck Schumer felt so deeply that he called for a response to help the “families of Floyd Taylor, ah, er George Taylor”. Pelosi chimed in by noting she would agree only “if you tell me that this legislation is worthy of George Kirby’s name.” The irony. They cared deeply.ref 6 The rest of us knew George’s name.
Figure 1. Photo that rocked the nation.
Years ago CBS’s 60 Minutes did an interesting exposĂ© on outlandish jury awards. They showed that there was profoundly more than meets the eye, including in the McDonald’s crotch-scalding coffee. (700 people had been sent to the ER from hot coffee spills at the drive-through windows.) This is the fragmented story behind the story of Floyd’s death. It isn’t entirely coherent, but the loose ends are interesting. What I have learned as a scientist is that if you accept an answer at the outset, humans can make the facts fit it by applying enough Rube Goldberg thinking.
The Nightclub. The proximate trigger for my curiosity was an interview of the El Nuevo Rodeo nightclub owner named Maya Santamaria.ref 7 There was an erratic quality to her stories.ref 8 Floyd and Chauvin had both worked security. How friggin’ odd is that? Although they worked the same shift in her small night club, she didn’t know if they had met each other. That pegged my bullshit detector. Her narrative was all about Chauvin being a bad guy with a real hair trigger: “He sometimes had a real short fuse, and he seemed afraid. When there was an altercation he always resorted to pulling out his mace and pepper spraying everybody right away, even if I felt it was unwarranted.” She hurled him unapologetically under the bus. Why, then, did she employ Chauvin for 17 years? In a related interview that appeared choreographed, a coworker hammered Chauvin, insisting that Chauvin and Floyd knew each other and that Santamaria employed Chauvin all those years out of fear that another cop would be even worse.ref 9 Right. The El Nuevo Rodeo was rumored to be involved in money laundering and intelligence, assertions confirmed by the Floyd family lawyer.ref 10 Passing a fake $20 bill is not just laundering ill-gotten cash flows. It would have been great to check out the veracity of some fairly detailed assertions about dark ops going on in the nightclub, but Santamaria’s nightclub burned down.ref 11 What a bad break.
CBS News also painted a bleak picture of Chauvin; they had him convicted. The heebie-jeebies I was feeling, however, was shared by Margaret Brennan on Face the Nation when she asked the Floyd family’s lawyer, “Do you have evidence that this was pre-meditated?” That YouTube video is no longer available. Another bad break, which often happens on YouTube. Fortunately, the web never sleeps.ref 12 Fox News’ Jesse Watters shot right down the rabbit hole:ref 13
[Their] relationship became controversial…maybe Floyd knew something maybe he was not supposed to know…a nightclub with a lot of suspicious activity. People should be looking into the nightclub. Was there any sort of trafficking going on? …It looks like a pre-meditated hit…this is some sort of criminal thing that went haywire. This is a hit.~ Jesse Watters (@JessBWatters), Fox News
Whoa. Jesse. That just got weird fast. By the way, what has happened to the other riders in George’s SUV? You would think investigative journalists might track them down for some world-class clickbait. Alas, the media no longer employs journalists, only instigators. Also, why did Floyd sit in his SUV in front of Cup Foods, the store in which he just got pinched for passing a bad bill? He sat in the getaway car. I’m just spit-balling out loud for now, but stay with me.
Where were the medics? The cops have a guy who appears to be dead laying on the sidewalk for all to see. They have every reason to hope the medics can get your butt out of this jam. What you notice in one of the videos is a hand slips into view, checks George’s pulse on his neck, and pulls out. It seemed robotic—very matter-of-fact. The medics that arrived were wearing flak jackets and did nothing according to standard protocols.ref 14 There was no assessment of George’s vital signs—no on-site evaluation. They rolled him onto a stretcher with an awkward lack of dexterity and took him away. This would never happen under normal circumstances. The Twitter account that first pointed this out is now gone. Another bad break, but the raw footage is everywhere. The claim is that they skipped the on-site assessment and CPR to “save time.”ref 15 I’ve seen the ass-end of too many ambulances in my day including some with life-threatening adventures. They don’t just throw you in the back of a hearse painted white like in the olden days. It is an ER on wheels: you stabilize the patient first, which takes time. I thought all of this was a huge smoking gun. A paramedic analysis of the footage, however, suggests that the battlefield-like circumstances forced them to get him to a safer place to work on him.ref 16 I have no idea who this paramedic is and am not fully convinced by his analysis, but the case for the missing medics is not air-tight.
The Choke. The entire world could see that Chauvin suffocated Floyd with his knee, right? There are two kinds of chokes: throat and blood choke:
Figure 2. Carotid restraint (blood choke) and more dangerous standard choke.
Blood chokes (or carotid restraints / sleeper holds) are a form of strangulation that compress one or both carotid arteries and/or the jugular veins without compressing the airway, hence causing cerebral ischemia and a temporary hypoxic condition in the brain. A hold that simultaneously blocks both [BOTH] the left and right carotid arteries results in cerebral ischemia and loss of consciousness within seconds.
~ Wikipediaref 17
The throat choke hits the windpipe hard (breaks hyoid bones like on Jeffrey Epstein). Clearly, that was not the case here. Floyd was also saying, “I can’t breathe” for 6 minutes, which meant he could breathe to some extent. The alternative is a blood choke, which is a favorite of Jiu-Jitsu marshal artists. The avid martial artists—Chris Irons of Quoth the Raven or Joe Rogan, for example—declared that to be truth: “I know Jiu-Jitsu, and that was a blood choke.” Rogan declared, “I could see him putting his full weight on him.” Technically speaking, Joe, you cannot see “full weight.” In fact, what you can see is Floyd’s head lift up three times with whatever pressure was being applied. Brett Weinstein kept saying to Rogan, “You think you saw him suffocate George Floyd.” Rogan wouldn’t hear it.ref 18 I’ve noticed that the more experience you have the more confident you are. Funny how that works. Rogan is a brilliant podcaster, but his skill drops on topics he knows well because his mind closes up a bit. I look at the videos and photos and simply don’t see a blood choke. Other lesser-known Jiu-Jitsu martial artists agree:
Figure 3. Blue glove and posterior (back) quadrant of the neck.
Notice Chauvin’s knee is on the back quadrant of Floyd’s neck. That is not where the carotid artery or jugular vein resides (Figure 3). Take your own pulse: where do you place your fingers? In fact, a little Googling shows that Chauvin’s knee is exactly where it’s supposed to be provided such restraint is endorsed. That will be critical in court. As another aside, a blood choke is said to cause brain damage in “4–6 minutes.”ref 19 Floyd’s death appeared to occur in less than three once he lost consciousness. That is confusing. As an aside, recall how callously Chauvin looked with his hand in his pocket in Figure 1. That picture was used by every major news outlet in the world. Now look more carefully at Figures 1 and 3: Chauvin is wearing blue gloves. His hand is not in his pocket in Figure 1. That may not matter legally, but the optics sure moved the needle on public opinion.
I’m a BJJ black belt, and you would never say, “I can’t breathe” during a blood choke. It doesn’t even hurt; you just pass out. Also, the veins on both sides of the neck have to be blocked; that’s why defending one side of the neck is enough.
~ Matt Henderson (@dafacto)
The cops position on Mr. Floyd does not indicate strangulation. His knee placement is upper trap, back of neck. Also, his legs are split. Indicating pressure points that are evenly distributed to prevent Mr. Floyd from moving while also stabilize the cop. The autopsy is paramount.
~ @James69065388
Coroner’s Report. Ahh. Now we get to follow the science. The Hennepin County coroner’s autopsy found heart disease, hypertension, and “potential intoxicants.”ref 20,21,22 His heart was twice the size expected for a man of his 240 lb frame. Edema in the lungs caused them to balloon to 2–3 times normal weight. There were said to be no life-threatening injuries visible on the body.
I wouldn’t believe them either. They are covering for the cops. The family hired civil rights lawyer Benjamin Crump, the lawyer in the Michael Brown, Breonna Taylor, and Jacob Blake cases.ref 23 Who might they bring in for a second opinion on the cause of death? Michael Baden! Octogenarian Coroner to the Stars who cut his teeth on the JFK assassination and was brought out of retirement for Jeffrey Epstein.ref 24 Baden’s analysis rejected the official coroner’s report as paraphrased by Crump:ref 25
What we found is consistent with what people saw. There is no other health issue that could cause or contribute to the death. Police have this false impression that if you can talk, you can breathe. That’s not true.
There was no time to waste. Both coroner’s reports were written before the tox screens came in. When the tox screen came in, we found that Floyd was a veritable walking pharmacy.ref 26 His fentanyl levels, when compared with a survey of 56 fatal overdoses, were three times the minimum levels and 10% above the median levels.ref 27 He also had norfentanyl, methamphetamine, and THC. The convenience store operator who had first reported him suggested he was baked and “not in control of himself.”ref 28 He also tested positive for Covid-19 (no kidding).ref 29 Baden’s associate conceded that they did not have access to toxicology results, tissue samples, or some organs, but added that those items “are not likely to change the results” of the re-autopsy. So what are coroners supposed to look at then? Buried in the official report’s references, we find “Signs associated with fentanyl toxicity include severe respiratory depression, seizures, hypotension, coma, and death.”ref 30 The CDC describes a fentanyl overdose as expressing “foaming at the mouth … and confusion or strange behavior.”
They’ll kill me. They’ll kill me….Momma, I love you. Tell my kids I love them. I’m dead.
~ George Floyd
The Lost Episode. For reasons unclear to me and mystifying to say the least, Minnesota Attorney General Keith Ellison decided to withhold bodycam footage showing what happened prior to the knee episode, letting race riots break out across the country. It is a complex listen but transcriptsref 31 of all participants (including street-level observers) and general demeanors tell a decidedly different story.ref 32 What the bodycam shows is that George was probably heading to the light for quite some time. Seven times he said he couldn’t breathe before being laid on the ground. Twice the cops called in for medical help. You can hear Floyd plead not to shoot him, which gets to the question of what was underlying the whole event. Look at that shaded quote above: maybe I am picking nits, but is George saying “they are killing me” or is he saying “they are going to kill me”? The cops repeatedly assured him they would not shoot him. One cop notes Floyd has “foam” in his mouth. Floyd confirmed that he was “hooping” earlier (Googling tells me that is a suppository-based drug delivery.) Floyd complains of claustrophobia in the car and one of the cops offers to roll down the window. Floyd pleads: “I want to lay on the ground. I want to lay on the ground. I want to lay on the ground!” The cop says, “You’re getting in the squad [car].” Floyd comes back with, “I want to lay on the ground! I’m going down, I’m going down, I’m going down.” An onlooker urges Floyd, “Bro, you [are] about to have a heart attack and shit man, get in the car!”
What you hear (or at least what I hear) are the police doing their best to coax Floyd to cooperate while expressing compassion. The cops seem calm, professional, and unemotional. There are no racial epithets or even demeaning statements. The worst you get out of Chauvin is in response to Floyd saying he can’t breathe, saying, “Then stop talking, stop yelling…stop talking, stop yelling, it takes a heck of a lot of oxygen to talk.” And on prompting by a cop asking whether they should roll him on his side, Chauvin says, “No, he’s staying put where we got him.” The other cop says, “Okay. I just worry about the excited delirium or whatever”, to which Chauvin says, “That’s why we got the ambulance coming.”
Never assume the obvious is true.
~William Safire
Tough Conviction. With great trepidation about the consequences to the nation’s well-being, I think the Chauvin conviction is going to be difficult, provided the jury doesn’t get reverse nullified and throw him to the wolves before scampering home. This is not a simple court case. I found a three-way discussion by putative experts that offered some odd interpretations:ref 33
Several [arteries] were 75% blocked and one was 90% blocked, and that was made worse by where the clogs occurred in terms of crimping the supply of blood to his heart. That degree of narrowing is sufficient to cause death… restraint and neck compression are part of why he died.
~ Dr. Gregory Davis, medical examiner for Jefferson County, Alabama
I believe that the presence of these substances is not relevant. We know his death is not due to toxicological means because of the video of the circumstances.
~ Bruce Goldberger, forensic medicine chief at the University of Florida College of Medicine.
I would use the word ‘traumatic asphyxia’ due to neck compression and restraint due to law enforcement subdual. I don’t think you can discount the video.
~ Dr. Stephen Nelson, chairman of Florida’s medical examiners commission
These medical examiners are relying on video evidence, which is not their expertise. I worked for a pathologist and have some sense of what an autopsy looks for. Why even do an autopsy if you are going to just look at the video? Dr. Nelson went on to discuss the importance of corona virus in his system:
He certainly doesn’t have pneumonia or any of the other typical signs that go along with Covid-19. The coronavirus had nothing to do with his death, that’s the important thing.
So the edema in the lungs causing them to triple in weight is not evidence of pneumonia? As Weinstein stated, “You think you saw him suffocate George Floyd.” I must confess that I am unimpressed by these medical examiners. A paraphrasing of the Hennepin County medical examiner noted:
That is a fatal level of fentanyl under normal circumstances… if Mr. Floyd had been found dead in his home (or anywhere else) and there were no other contributing factors he would conclude that it was an overdose death…. Fentanyl at 11 ng/ml — this is higher than a chronic pain patient. If he were found dead at home alone & no other apparent cause, this could be acceptable to call an OD. Deaths have been certified w/ levels of 3.ref 34
Minnesota law defines third-degree murder as causing the death of a person “by perpetrating an act eminently dangerous to others and evincing a depraved mind” without intent to kill. The hand in the pocket looks depraved whereas a blue glove much less so. A critical question is what law did Chauvin break that would elevate his charges to second-degree murder, which requires premeditation? By raising the bar on the charges they raise the chance of acquittal. Don’t forget, however, Crump is a civil litigator. His push for stiff charges is because it is the best tactical move for a settlement not a conviction.
How about the illegal choke restraint? Here the case seems to rest on the critical question of whether he had in any way been shown how to do it. In short, was it sanctioned? Legal beagles have stated that if he gets witnesses to say, “I showed him that” he may be completely off the hook. Then there is this very odd nugget saying that the Minnesota cops actually got training in just such restraints by ex-Israeli anti-terrorist forces in 2012.ref 35
If this case goes to trial and an officer testifies on his own behalf, it is possible there is reasonable doubt there for jurors.
~ Philip Stinson, Bowling Green State University criminologist and former cop specializing in police misconductref 36
If these cops had the intent to kill this guy or seriously injure him, why the hell did they call the ambulance?
~ Christine Gardiner, a criminal justice professor at Cal State Fullerton
One of my hero archetypes, legal scholar Jonathan Turley of George Washington University, says the toxicology reports don’t give the officers in the George Floyd killing a pass, suggesting that “the documents in my view do not conclusively establish that the drug use was the cause of the death…this thing should go to the jury.”ref 37 There is also a legal concept called the “eggshell doctrine”, which basically says you are not off the hook if the victim had a frailty that you did not know about.ref 38 In theory, stress imparted by Chauvin could be considered a cause of death if I read that right.
Truth does not become more true by virtue of the fact that the entire world agrees with it, nor less so even if the whole world disagrees with it.
~ Maimonides, medieval philosopher
This story has opened up a heated debate on related topics. Cops have what is called “qualified immunity.”ref 39 A Supreme Court ruling shields police when their actions were not clearly illegal. This concept is particularly unpopular among those calling for police reform. There is also pushback on stiff charges when perpetrators injure or attack police. Oftentimes, this punishment is meted out to people who were not pushing back per se but merely struggling in panic.
Epilogue. The family of George Floyd (his brother I believe) got a $14.7 million bolus of support from a GoFundMe campaign.ref 40 More to the point, if Chauvin is acquitted we are likely to witness social unrest unlike any seen in 2020.
The fear of falling sick is stopping us from being fully alive.
~ Tony Abbott, former Prime Minister of Australian
I was struggling to understand why the two most important events of 2020—Covid-19 and the 2020 Elections—were not fitting seamlessly into this document. The epiphany: this review is about topics that might be overlooked by others—the story beneath the story—and there is nothing overlooked in these two stories. There are no minds left to change. We are all marinating in a pandemic of confirmation bias. It was tempting to post the South Park Covid Pandemic Special and head to the 19th hole. For inspiration, I listened to the audiobook, The Price of Panic, one of the earliest of countless books on the Covid-19 crisis. Given a month or two I could have written it myself from the more than 200 pages of notes accrued. John Barry’s The Great Influenza was a brilliant book on the 1918 pandemic and immensely helpful, despite having read it 15 years ago.
I took an alternative tack by posing semi-rhetorical questions and answering them unapologetically with just thoughts and opinions. I will not adjudicate the issues. My guns stay in the holsters. I’m not even referencing it. If you don’t want my opinions—and it’s not clear why you would—then go to the 19th hole and save me a seat. You can send me emails if you wish; they’re always welcome (even Gerry’s). It feels like I am walking the last quarter mile of this intellectual triathlon and squandering snark, jokes, human folly, and quotes, but so be it. I apologize for occasional callousness to those legitimately sensitive to this pandemic, which includes family members of Covid-19’s victims and healthcare workers on the front lines. If you lean Left and no doubt realize I lean Libertarian-Right, you may be troubled by repeated allusions to the politics of 2020, but you made it this far into the document. Without further ado, this is the world of Covid-19 according to Dave in the purest sense.
Opinion is the medium between knowledge and ignorance.
~ Plato
A viral outbreak that started in China in December (or earlier) was spreading panic, but only slowly at first. Videos from China showed people collapsing in mid-stride, apartments being welded shut, strings of citizens tied together being dog-walked down the street, trucks spraying the streets with disinfectants, and scientists speaking in hushed tones and then vanishing. Apartment high-rises were dark because people either left the cities or were inside stinking up the joint. Freeways emptied. China Mobile claimed over ten million phones showed no activity. An ex-pat billionaire named Guo described 24 crematoria running 24/7 with anticipated demands reaching 30 million bodies per day. Satellite images showed sulfur dioxide clouds, putative effluent from crematoria, hovering over the infected regions. Rumors of live cremations added a special kind of horror. People being stuffed into vans tenaciously resisting suggested it probably was not a good time to be a dissident.
China is now 17% of the global economy and provinces that count for 89% of the country’s exports remain in lockdown.
~ Daniel LaCalle (@dlacalle_ia), Chief Economist Tressis SV, in late February
And then it just stopped. By the end of March, the Chinese numbers showed their part of the pandemic was over. Obviously, Winnie the Pooh (Xi Jinping) and his buddies had to be lying. There is no chance this new-era Black Death raged through Wuhan and left the rest of China unscathed. Their stats had to be wrong. While the West began a debilitating and protracted lockdown, a video surfaced showing thousands of maskless young Chinese partying at a concert. I hasten to add that, had China not opened up, an almost certain collapse of the global economy and global trade would put us in much worse shape.
Maybe China did not let a crisis go to waste. During an intense trade war, you’d want the Serpent from the West to eat its own tail. From the outset, reports from behind the Great Wall seemed a little too dramatic (embellished). Was this well-orchestrated propaganda for local consumption to ensure compliance to rules, which has never been a big problem in China, or was it tailored for the West? The Chinese play the long game—a metagame honed over millennia, not centuries. One Chinese authority, when asked his opinion of the Great American Experiment, responded, “It is too soon to tell.”
There were many theories as to the origin of the virus. A 2015 interception of a coronavirus stolen from a Canadian lab en route to Wuhan is curious. The flat-Earther theories included a correlation of infected cities with those having the new 5G rollout. That dog didn’t hunt. Of course, the wet markets in China where you can buy anything imaginable was the default target. When food insecurity is real, you learn to eat anything, even if it’s still wiggling. These delicacies occasionally show up in US Customs, like the confiscated suitcase full of dead muskrats. Our TSA guys earned their salary that day. Speaking of Muskrat Love and dogs not hunting, the Chinese critter below looks like a border collie and a raccoon did the nasty:
Despite rumors of a release from a military establishment in the early fall of 2019, attention turned to the Wuhan virology lab proximate to a wet market. An intentional release of the virus seems unlikely but escape from the lab probable. Speculations included a vaccination trial gone bad or a lab tech bypassing the incinerator to sell the used lab animals into the wet markets for Tsingtao money. I reached out to biochemists and would say their opinions on human intervention evidenced in the RNA sequence were variable and fluid over time. Social media buzzed with the discovery that the National Institutes of Health (NIH) at Anthony Fauci’s directive had sent over $3 million to the Wuhan lab, but that doesn’t pay for squat in a virology lab, and China doesn’t need our money. One of the more provocative arguments for Covid-19 being engineered is based on the idea that inter-species crossover in nature leaves the virus in a marginal state of struggled existence. This little dumpling acted fully adapted from the get-go. My best guess is that the virus was a jailbreak but without nefarious intent. I also would not blame the Chinese; every major country is screwing around with stuff like this. (Demon in the Freezer describes Russia’s frozen time bombs.)
My very first thought when Wuhan shut down was that something had happened to the Chinese banking system, and they needed an act of God—a force majeure—to cover up a failure in the leadership. Propaganda warning of viral transmission via paper currency was augmented by images of moon suiters absurdly spritzing tall stacks of bills with disinfectant. (That’s like washing your laundry with a spritzer.) Seemed like an embedded message about a globalist War on Cash was slipped in. The Chinese also hurriedly inserted some force-majeure language into the trade deals inked in late 2019; maybe they could see the need for escape clauses.
Fun factoid: My grandfather was setting up a banking system in Thailand from 1955–62. Years later I found photos of him in fatigues next to a Huey with a group of machine-gun-toting “bank tellers.”
We have intelligence crawling all over China, yet we heard nothing from Wolf Blitzer. Zerohedge minorly doxxed a scientist in the Wuhan lab, encouraging people to enquire about some niggling details. Twitter booted them. Seems Twitter was showing an odd deference to China. A Chinese scientist making claims about the human origins of the virus got considerable notoriety. Twitter booted her too. Hmmm again. What did we know and when did we know it? We’ll probably never know.
Cruise ships were a stark reminder of the mobility of the disease. For history buffs, these were reminiscent of the ships in 1348 pulling into European ports loaded with dying men, carcasses, and flea-infested rats. Modern cruise ships carry up to 4,000 people. The iconic Diamond Princess had 700 infections and 12 deaths at last count. In the ideal world, we would have called an audible at the line of scrimmage and used the ships as gigantic Covid-19 laboratories. In the practical world, we were scrambling to get passengers home. I can’t use the word “safely” because we flew 14 Americans home on a full commercial airline (head slap). A little help from the military or even a private jet seemed warranted. In the most pragmatic of all worlds, we would have used cruise ships (instead of nursing homes) as hospitals and quarantines. One hopes that epidemiologists are still tracking the cruise-ship passengers to learn from the most controlled experiment to date.
This is the million-dollar question. The Venn diagram of the disease called Covid-19 and the pandemic has considerable non-overlap. The former is about infections and health effects whereas the latter is about migratory aptitudes through a population. I have great faith in the scientists studying the disease but suspect they are still just scratching the surface and their heads. Critically, why don’t kids get whomped by the disease? Their immune systems are battling diseases constantly to develop defenses. The flu viruses bang them hard, sometimes fatally; Covid-19 does not. What about young adults? In the 1918 flu epidemic, young adults took the worst of it because of the dreaded “cytokine storms”, which is med-speak for a hyper-response of the immune system killing the patient. At one point there were over 40,000 positive tests on heavily-monitored college campuses and zero hospitalizations (although that is dated info now). Covid-19 really is a disease of the weak, the vulnerable, and the elderly with some unfortunate exceptions. The average age of Covid-19 fatalities exceeds the average age of fatalities from other causes of death (in some places at least.) In Tompkins County (my home), we have had six deaths, all of which are in nursing homes.
I also suspect that the control of the pandemic in Asia may tell us more about the population genetics of natural immunity than cultural norms. The genetically homogeneous populations in the East such as South Korea, Taiwan, Japan, and maybe even China that are so praised by those militantly supporting shutdowns acted prudently but did not clamp down hard.
Can you catch the flu twice? Sure. The evidence that different strains of Covid-19 have been pulled from a single nostril might suggest a lost immunity, but this narrative, although fabulous clickbait for the media, is too anecdotal still. Claims that antibody titers drop is hyperbole. All antibody titers drop to peace-time levels after an infection. If they didn’t, those living on the Ganges River would be 90% bodyweight antibodies. In a profoundly simplified description founded on my 40-year-old genetics major, immunity begins with a standing army of biochemical pathways as the first line of defense. They hold off the invasion while more specific mechanisms have time to be induced. These defenses appear to be way more than just the antibodies; it is a fascinating field. When a related pathogen shows up—a different but familiar strain—your defenses recognize the pathogen and are efficacious enough to fight it while your system whips up a new response. The novel, unfamiliar pathogen is most likely to fell you for good. That is what happened to the Native Americans when the European devils arrived. They brought an enormous number of novel diseases that were familiar to Europe and Asia having traveled on trade routes for centuries. (Read Guns, Germs, and Steel to understand this.) The locals were conquered by infection not by swords. From the mouths of babes comes the winner of the Nuanced Art of the Year Award (source unknown):
In college I worked for a pathologist. (I was headed for med school until my senior year.) When I asked him why we did autopsies he said, “It is important to know what we got right and wrong.” We are in an age with spectacular scanning technology and blood tests for everything. (Cue Elizabeth Holmes.) I’m convinced that the medical community has become so reliant on technology that doctors can bypass good-old-fashioned McGyver-like thinking. Autopsies from the 1918 flu pandemic revealed organ damage and brain hemorrhaging. The precious few studies of Covid-19 patients I have found online suggest that the medical community is surprised by the results.
It is important to emphasize that Coronavirus Disease 2019 or COVID-19 should be reported on the death certificate for all decedents where the disease caused or is assumed to have caused or contributed to death.
~ CDC Guidance for certifying Covid-19 Deaths
Not even close. During the panic of 2020, we were boxing and burying (or incinerating) the victims. The CDC website clearly stated that if you suspect Covid-19 put Covid-19 as the cause of death. This is not science or medicine; is it politics? That question keeps percolating to the surface. People dying at home were probably missed also. Anecdotal reports suggest many causes of death are being counted as Covid-19 deaths, including car accidents. Hospitals that were financially dying because they euthanized routine healthcare—see “Healthcare” above—were checking the right box to get the $13,000 check from the Federal government. This was a thinly veiled bailout with, yet again, political consequences. (The high death tolls made for excellent DNC talking points.) I surmised that the nursing homes benefitted as well, but the incentives were reversed: facilities were compensated for having good stats. Maybe somebody in the DJT administration realigned the incentives.
Cases of the flu dropped 98%. Either we stopped getting it, which means we shouldn’t have been getting Covid-19 either, or the flu deaths were counted as Covid-19 deaths per the CDC directives. If this was a typical flu year, 40,000 deaths got misassigned. How do you distinguish a death caused by Covid-19 from a death affiliated with Covid-19. If you are a few pounds overweight in your 60s and die of Covid-19, you really died of Covid-19. If you are in hospice care with stage IV cancer, you died of cancer aided by just one of many possible opportunistic ailments. The stats from other, less politically polarized, countries may provide a more accurate post mortem on this pandemic. The interesting stats will be the numbers of total deaths in 2020, 2021, and even 2022. If you pull deaths of elderly and co-morbid people forward by months or maybe a year, there should be a hiatus in the aftermath—a spike followed by a dip. Canada, with an average fatality age of 85-years old, is already seeing the dip. Even deaths from all causes could become difficult to interpret if Deaths of Despair become large (see below).
Republican Sen. Joni Ernst promoted a far-right conspiracy theory that falsely claims coronavirus cases are inflated by healthcare providers.
~ Headline
That one is easy: unquestionably no. How and why they are wrong traces to many sources of error. Asymptomatic cases would show up where testing is exceptional, but go undetected in much of the population. Those who got it and rode it out didn’t necessarily get tested. False negatives and false positives appear to be common. I personally know a family of eight in which the evidence for Covid-19 seemed compelling; three members had flu-like symptoms, yet only one tested positive. A hospitalized 30-year old Division-I athlete I know registered positive on one out of four tests. This is all great news: we may be way closer to herd immunity than many realize. On the other hand, there is a huge debate about the veracity of the PCR tests to detect Covid-19. Credible sources claim the test was never meant for this task and that you can amplify any glob of snot enough to pick up a false positive with enough cycles. There are over 100 variants of this test, and the qualifications of those running them vary wildly. My brain hurts thinking about how wrong the statistics on Covid-19 could be.
Figure 1. Cases versus deaths, dated but instructive.
Why did the press switch from reporting fatalities to reporting case counts by early summer? Figure 1, albeit dated, was great news: deaths going down and case counts going up is progress toward herd immunity without paying an inordinate price. To tell a harrowing tale, however, requires deflecting attention from the dropping fatalities. Once again, 2020 politics seemed to be in play.
Figure 2. “I’ve been waiting for you” says the guy on the right.
This may be the biggest and most understudied problem of them all—the 500-pound gorilla sitting in the corner—and the one that could undermine my narrative the most. Reports of Covid-19 victims, even those said to have mild cases, failing to recover are anecdotal but too common to ignore. We see the horror of the “long haulers” through the lens of the media, but it is difficult to get a good read on the frequency. The medical community seems to be behind the curve, possibly to the point of neglecting serious suffering. There also might be a strong gender bias toward female long haulers, evidencing an autoimmune component like for Raynaud’s Syndrome or Fibromyalgia. I haven’t yet found details on long-hauler effects of formerly hospitalized flu patients to compare. The 1918 flu absolutely left its survivors debilitated. I will continue to watch this carefully.
Nowhere in the rational world is that rallying cry correct. Everything is a compromise. Ships are safest in the harbor, but that is not why we build ships. Small children are allowed to sit on parents’ laps on airlines because paying for an extra seat is a burden, and more will die if passengers drive instead. We let teens drive, accepting the risk of mayhem. Those who, without remorse, tell us this virus demands we should all shelter without accounting for the high social and medical costs are thinking narrowly.
Let’s call this the War on Covid-19. The war metaphor immediately frames the debate in terms of quantity versus quality of life. Refusing to fight a military battle, surrendering if necessary, is safer, but we don’t do this. Economists do not count lives lost but rather years of existence lost weighted by their quality. It hurts thinking of grandma losing the last six months of her life, but how does that square with the suicide of a teenager? The Deaths of Despair (below) and lives lost owing to the destruction of our healthcare system (in “Healthcare”) will be profound. As to the lost quality of life, how many families were terrorized by a jobless, angry, drunk father having less self-esteem and more time to abuse? How many livelihoods have been destroyed? If you or Grandma are afraid of the virus, by all means, stay home. The pre-teens and teens should go see friends and break rules. Maybe you think your health is more important than the high school prom, but some would disagree:
Figure 3. The forgettable prom night.
To repeat, I imagine one group will take umbrage this discussion—the healthcare professionals. If you are a doctor, nurse, or hospital staff, I totally understand be troubled with my views. You are cleaning up the mess caused by this pandemic daily. I am sure some have seen the suffering and felt the risk first-hand. So did those young men on Omaha Beach.
The answer without the advantage of 20-20 hindsight—or is it 2020 in hindsight?—is clearly yes. The medical maxim in an emergency is to take your own pulse first. I think in this case the unknowns warranted a serious effort to curve flatten to get control of the poorly understood crisis. What was never obvious to me, however, was whether curve flattening could even, in theory, significantly decrease the integration under the curve (the total number of deaths.) The shift in policy from flattening the curve to hiding from the virus was mission creep that many of us never agreed to, especially given the underlying political motivations.
We are basing a government policy, an economic policy, a civil liberties policy, in terms of limiting people to six people in a meeting…all based on, what may well be, completely fake data on this coronavirus?
~ Dr. Mike Yeadon, former Chief Science Officer for Pfizer
Again, without 20-20 hindsight, sheltering to wait for a vaccine was drawing on an inside straight. The timescales were unknown and the hoped-for efficacy was unprecedented. We have never immunized a coronavirus before, and the fastest vaccine development took six years. Without hindsight, the right bet was to “go herd” (with prudent safeguards) like Sweden, Japan, Taiwan, and a few others did. Some will say the Swedish death toll is too high when compared to other Northern Europeans like Norway, but Norway has a much lower population density. Indeed, the Swedes paid one potentially avoidable price by going herd early: they took the hit before we figured out how to treat the virus and not to ventilate people to death (an 85% fatality rate). More recent pressure on the Swedes to shut down smacks of political pressure for Sweden to join the identity politics. If the Swedes were right then the others were, by inference, wrong. But what about the climbing case counts, Dave? First, as noted above, I have no idea what they mean and whether they are good or bad news. I have a simple question that may not age well: where are the dead bodies in Sweden? (Figure 4.) “But those are Swedes, Dave: they are healthy!” OK. Americans are unhealthy slugs loaded with co-morbidities. So let’s turn our gaze to other hard-hit places like New York and New Jersey (Figures 4 and 5). Where are the dead bodies? And don’t tell me the folks from Hoboken to Queens were masterful at following the social distancing guidelines.
Figure 4. Swedish death toll.
Figure 5. New York death toll.
Figure 6. New Jersey death toll.
What about the stories of overwhelmed hospitals? Yes, they did get overwhelmed in some places. This happens during good times. ICU’s try to work near-capacity, because they are expensive. Over-capacity is routine and is common during bad flu seasons such as in 2018 when 80,000 in the US died. But even this story is nuanced. On more than one occasion, a mayor or governor declared they were being overwhelmed only to have one or more heads of hospitals call “bullshit.” This was, once again, the politics of 2020.
For the want of a nail the shoe was lost,
For the want of a shoe the horse was lost,
For the want of a horse the rider was lost,
For the want of a rider the battle was lost,
For the want of a battle the kingdom was lost,
And all for the want of a horseshoe-nail~ 13th-century proverb
We were exhausted by early summer, and the authorities realized they could have a bar-fight on their hands. Oddly, I think a single person—the hairdresser who declared to a judge she wasn’t doing it—may have been our version of the flammable Tunisian who started Arab Spring. Attempts to shut down society for a putative second wave were meeting much more resistance because people were beginning to question the narrative. Hypocritical politicians setting up arbitrary and capricious rules and then failing to abide by their own rules didn’t help either. The authorities were, without exception, collecting their paychecks. People should make decisions for themselves much the way they make other life and death decisions without letting the State make the call. Do you want to be safe? Then, by all means, stay home. Many were more afraid of long-term unemployment than the virus. Can you blame them?
I thought it was wrong to go to the beach? Why is it okay to march en masse to the White House?
~ Tom Luongo
I give that one a definitive yes. The logistical problems of protecting the teachers were surmountable much like the cashiers at Whole Foods. I also believe the teachers wanted to go back to school. What was stopping them? The teachers’ unions. That is 2020 politics.
…we don’t realistically anticipate we will be moving to tier 2 or to reopening K-12 schools at least until after the election…the more realistic approach to this would be to think that we’re going to be where we are now until we get, until after we are done with the election.
~ Barbara Ferrer, LA County’s Public Health Director, steeped in politics
Both economists and the medical community track “Deaths of Despair” that are estimated at 150,000 in a normal year. These include drug overdoses, alcoholism, suicides, and opportunistic health problems affiliated with poverty. War veterans with PTSD contribute to those numbers significantly. The opioid epidemic that migrated through impoverished towns in Appalachia discussed in Dopesick is a more recent example. Some estimates say that for each 1% increase in unemployment you will get 37,000 additional per year. If you ignore the fabricated—as in totally fake—unemployment numbers and simply conservatively guess at a 10% increase in unemployment, that’s an estimated 370,000 deaths. Covid-19 offers a new dimension by adding social isolation (acedia). Suicide hotline calls are up 600%. Polls show thoughts of suicide are soaring even in the older age brackets that are beyond the turbulent adolescent and young adult phase. It will take years to fully understand the consequences of the shutdown, but despair may take more lives than Covid-19, possibly many more.
We maskdebated at home. We maskdebated in the streets. We maskdebated in Zoom meetings. (OK. Enough Mr. Toobin.) It seems logical that the masks help prevent the spread of the disease to your immediate surroundings despite evidence effluent spews around the mask. However, I have spent 40 years studying an area of chemistry in which common knowledge was logical but discredited relentlessly under scrutiny. Evidence that the Covid-19 infection depends on the viral load of the initial exposure—did you sniff it or swill it?—may dictate the magnitude of your infection. If so, the masks should help. That does not mean that masks have large effects on the total death toll of the pandemic. If you put stones in a stream you will restrict the flow of water, but, at the end of the day, it will not reduce the volume of water downstream by one drop. I am also deeply troubled by the emphasis on compliance rather than efficacy. That you can put any old rag over your face to comply reveals that the masking was more about symbolism than substance. If you prowl the medical literature you will find nobody questions surgeons wearing masks whereas a number of papers written in the pre-politicized pre-Covid-19 era claim that masks do not significantly mitigate flu pandemics. Again, don’t confuse the disease with the pandemic.
Figure 7. Fatality rates correlating with hydroxychloroquine use.
Early in the pandemic, we were scrambling for ventilators. Cuomo wanted 38,000 for New York City alone. Thank God he didn’t get them. The ventilators were damaging the lungs, allowing the virus to ravage the patient. I sent an email to my family with a simple request: if I am too feeble to advocate for myself, I wish to be treated with hydroxychloroquine/Azithromycin/zinc—the so-called Zelenko protocol—ASAP, and I do not want to be ventilated unless it is to enable a humane death. This Zelenko procedure was used worldwide to treat Covid-19 (Figure 6). In the US it was a polarizing topic. Early reports said it worked great. A paper claiming HCQ was ineffective was found to be fraudulent, but it left a stain on the debate; it was constantly cited to argue against HCQ. Numerous small clinical trials—65 of them at last count—showed significant effects. Others showed failure. However, the failed trials all suffered from one of three “fatal” limitations: (1) treatment was too late (organs were failing), (2) Azithromycin or zinc were omitted, or (3) they administered near near-fatal doses of HCQ, “doses fit for a gorilla.” How could the clinicians have screwed up the clinical trials that badly? Finally, a clinical trial applying the Zelenko procedure exactly right showed a five-fold reduction in hospitalizations relative to the control group. I have HCQ and Azithromycin in my medicine cabinet and take zinc and vitamin D supplements daily. There are potentially superior treatments (like Ivermectin) that did not receive attention in the press.
Although daily HCQ supplements had been prescribed for decades and taken daily by patients spanning years in some treatment regimens, there was a full-court press to stop HCQ treatments for Covid-19. I purchased mine from overseas because NY State banned the prescription. YouTube censored videos promoting HCQ. Anthony Fauci endorsed it only to recant the next day. The US press attacked it as dangerous, although it had been used prophylactically for decades for many ailments and was being used against Covid-19 across Europe and Asia. Therapies using HCQ were being sandbagged, but why? The simplest answer is that Trump endorsed it. A more sophisticated answer is that vested interests would make money off Remdesivir, which is 300 times more expensive. That answer is still too simple. There is another vested interest involved; be patient.
Why would the pandemic attenuate when we are so far from herd immunity? For starters and as noted above, we don’t know how many have been exposed or are naturally immune. The mathematics of herd immunity is quite complex and depends on many variables. Herd immunity is real but very hard to quantitate (model). We may also be witnessing attenuating effects if the virus is mutating into less lethal forms, allowing it to move more freely and less destructively through unsuspecting carriers. Lastly, studies at the Rockefeller Institute during the 1918 Great Influenza outbreak showed that serial transmissions of a flu infection through rats without any selection pressure—without any survivorship bias—show attenuated virulence. I cannot recall if they explained why this is the case, but something subtle changes.
I am a vaxxer, but over the years have wondered if we may be challenging young immune systems too hard and too fast. The rush to prepare a Covid-19 vaccine was a Manhattan-Project-scale attack on the problem, but vaccine development takes time and has inherent risks if rushed. I know a single scientist or doctor—one—who said he implicitly trusts the forthcoming vaccines. None of the doubters are anti-vaxxers, but all are concerned. The one enthusiast, however, has served on FDA panels and trusts their judgment implicitly. My confidence was rattled a bit when the Moderna guys were in desperate need of cash—biotech burns cash—and Trump needed the early win. As the Moderna share prices spiked, insiders were selling with both hands. Did they doubt their vaccine, doubt they could beat juggernauts like Pfizer, or simply conclude that many millions of dollars were enough to pay the rent? Although there is no shortage of highly credentialed doubters of the vaccines, it appears as though several companies may have pulled it off. There will be millions of doses doled out before us Plebians get access; I would trust it then. There are still plenty of questions lurking, including whether the vaccines will reduce deaths or only reduce symptomatic cases. They do not have to correlate.
My gnawing concern pertains to the vaccine-industrial complex. They must be salivating over saving the world and the potential annual global sales: who wouldn’t? I suspect that by the time the vaccine is available to the general public, this disease and pandemic will have run its course biologically. Does that mean we don’t need a vaccine? Alas, no. Society has gotten itself in such a headlock over this pandemic that we need some mechanism—some all-clear signal—that tells us it is safe to resume living. The vaccines, even if they are too little too late medicinally, will achieve this. A global placebo effect would do it. But here is where I take it real dark: the political machinations may have been about stalling so that the final chapter is about the vaccines saving humanity—about the cavalry saving the world from calvary. (Cute, eh?)
“Follow the science” was another rallying cry of 2020, ignoring the sometimes stunning human frailties of scientists, their ignorance of public policy, and lack of qualifications to understand the trade-offs of sheltering. Being a famous epidemiologist at Imperial College, for example, didn’t guarantee that your pandemic model was spot-on. This is a tough business, but the so-called Imperial College Model used to justify lockdowns worldwide was crude, written in Fortran, and had failed miserably by three to four orders of magnitude in past predictions. Was that not a hint? The douche bag who pushed it has blood on his hands for not fessing up to the model’s flaws. He is yet another small person trying to look important. And maybe he should not have broken the lockdown rule elicited by his model to go bang his girlfriend. He now has all the time in the world to bang her lights out because he got fired. Think about that: the guy most instrumental in shaping the global pandemic policy got fired. Follow the science. And while I am on this subject, I was an editor for a scientific journal for 20 years: “peer-reviewed” doesn’t mean shit. A peer-reviewed paper may have been studied for a couple hours by a couple of scientists of unknown qualifications who then say, “Looks OK to me.” Sometimes they hand it to one of their less qualified, but more diligent, grad students to ghost-write a referee report. Those using “peer review” to either backstop or refute arguments are ignorant or liars. “Peer-reviewed” is like saying, “Four out of five doctors agree…”
This whole country was tied up for 2 1/2 months on the impeachment. And nobody in Congress was doing what they had to do….the New York Times, and Washington Post and everybody else was so focused on the impeachment, and you know, I think that everybody, including the president, his eyes were focused on it also.”
~ Bernie Marcus, Founder, Home Depot, on the February 4th impeachment of The Donald
Trump haters can relax now: you won. You can easily make the case the pandemic brought him down. His brawler, hip-shooting linguistic style left him ill-equipped for this crisis. That is not to say, however, that Hurricane Donald was the cause of >200,000 deaths. After the DNC elite declared the virus a non-event in January, Trump closed the borders to China on January 31, causing Biden to call it “hysterical xenophobia” from a “fear-mongering xenophobe.” The two biggest sycophants, Pelosi and Schumer, did a very showy performance urging everybody to “come to Chinatown” for some Chiroptera soup. On February 6th, Biden’s coronavirus adviser claimed a global pandemic was “not very likely…. We don’t have a Covid-19 epidemic in the US, but we are starting to see a fear epidemic.” She and California Governor Newsom had to cancel their dinner party for newly elected democrats after realizing that masks and flak jackets would be needed.
You also might want to ask what was happening in January and early February when The Donald was supposed to be making life-saving decisions and is said to have failed miserably. (I’ve never quite figured out what those decisions were supposed to be.) Ask Adam Schiff. When you are the President of the United States being impeached, is another virus in China your top priority?
Their thing was, ‘We’re going to get him impeached,’ which was never going to happen. You let the pandemic come in. Yes, we can blame Trump, but he’s really the 5-year-old.
~ Chris Rock, Comedian
There are those in the medical community who doubted the pandemic narrative. At first, it was just a trickle, and they were quickly dismissed as whackjobs. (I thought they were nuts.) But then they were appearing by the dozens, hundreds, and eventually tens of thousands, culminating in the Great Barrington Declaration signed by over 30,000 healthcare workers pleading for us to open up and get back to living. Why was there a relentless effort to shut them down? It was not subtle but rather authoritarian with the full support of the Silicon Valley giants. This was no longer about stemming rumors but rather a full-blown assault on an alternative perspective: why?
The most compassionate approach that balances the risks and benefits of reaching herd immunity, is to allow those who are at minimal risk of death to live their lives normally to build up immunity to the virus through natural infection, while better protecting those who are at highest risk.
~ The Great Barrington Declaration
Speaking of censoring, let’s update that plot showing Covid-19 deaths in Sweden (Figure 8). Whoa! WTF just happened? Go back and look at Figure 4. In Wall Street parlance, Figure 8 is called a chart crime. I would call it a chart crime against humanity to be more precise. That massive rise in deaths in Figure 8 but not Figure 4 deaths is caused by changing the presentation metrics at the start of Wave II. By changing the counts for each per day to twice per week retrospectively to coincide precisely with the onset of Wave II, they visually amplified the apparent signal by 3.5-fold. Recall that the Swedish policy was causing trouble for countries who forced hard shutdowns. This protocol change is intentional fraud, and you should be troubled profoundly.
Figure 8. Chart crime against humanity showing how change in presentation from daily to weekly can make Sweden look bad.
Anthony Fauci was America’s most trusted doctor during the pandemic. He also had access to the greatest minds in the world. He was the Covid Czar. He also was a scientist years ago but has been a political appointee since Reagan’s first term. (Kary Mullis, the inventor of the PCR test being used globally, believes Fauci hasn’t a clue what he is talking about.) He was a trusted confidant to many administrations—a medical Andrei Gromyko. He also had to weave and bob within the Trump administration, participating without getting fired by the Trumpinator. Eventually, Tony got marginalized anyway.
If you think you know where we are, you don’t. If you don’t think you know where we are, you’re right.
~ Dr. Anthony Fauci
But what was Fauci’s role? I must confess that I saw an obstructionist. This is not the name you would give if you agreed with his views, but he seemed to throw sand in the gears at just the right moments to obstruct the opening of society. The science that suited Tony’s goals was to be followed. Something off-narrative was declared not “peer reviewed” or not having the right controls (while not encouraging experiments to get those controls.) Discussions about opening schools with heads of teachers’ unions seemed designed to provide cover to stay sheltered. He fully embraced the mission creep from curve flattening to hiding. When the Ford Foundation supported the use of HCQ, Fauci hammered them. He was shaping the narrative too much.
My distrust wasn’t because he declared masks were of little value and then recanted; one of those was a lie, but the risk of a run on masks early in the pandemic gets him a pass from me. My distrust is based on concerns noted above and on intuition. He had strong ties with the Vaccinator in Chief, Bill Gates, but how could he not? His ties with the power elite, however, may run deeper than that. This is a creepy group of globalists for Fauci to be affiliating with:
They know they can use these systems to limit information. It’s very frightening because I feel like if something’s not done, in five years, we’re going to be telling our kids, ‘There was once a time we could get any information we wanted on the Internet.’ That’s changing. We can’t anymore.
~ Sharyl Attkisson, Full Measure News, on the benefits of hydroxychloroquine
Did Gates know this pandemic was coming? The October 2019 Gates-Foundation-sponsored wargaming of a coronavirus pandemic emanating from Wuhan is a little too creepy to ignore. They discuss the spread, the role of lockdowns, and the importance of controlling the media. Records show the Gates Foundation has given hundreds of millions of dollars to global media outlets. Burrowing through the flawed clinical trials I realized that the Gates Foundation is funding the entire global virology and epidemiology community. The Foundation’s overlapping stock portfolio and corporate recipients of his largesse blur ethical boundaries.
Interviewer about Moderna trials: “Everybody with a high dose had a side effect.”
Bill Gates: “Yeah, but some of that is not dramatic where it’s just, you know, super painful.”
This is an age of science, but sometimes it doesn’t feel that way. In the test tube, hydroxychloroquine looked good. On the other hand, there are lots of good therapeutic drugs coming that are proven to work without the severe side effects.
~ Bill Gates
That last claim, in my opinion, is bullshit. HCQ does not have “severe side effects” any more than most other drugs, being actively used for over a half-century. Bill’s fibs and demeanor got my attention. As Friedrich Neitzsche said, “I’m not upset that you lied to me; I’m upset that from now on I can’t believe you.” Gates was verbally shutting down therapeutic solutions hard. The guy with a ruthless determination to create Microsoft did not just turn that off. I think he believes in the causes of his Foundation but is also an obsessive personality that will stop at nothing. He is akin to the engineer in the Bridge Over the River Kwai who became obsessed with his masterpiece to the point that he lost sight of the Big Picture. My concerns about Gates, although quite non-descript, go back a decade:
Buffett and Gates have pooled their gargantuan empires…into a single tax exempt organization…allocating this massive pile of capital for eternity (or maybe not). Let’s hope it does so efficiently and for good causes.
~ 2011 Year in Review
Gates has proved there is a far easier path to political power, one that allows unelected billionaires to shape public policy.
~ The Nation
My 2011 concern was not about Bill Gates per se but rather the consolidation of power. More explicit criticisms of Gates, however, are not rare. Robert Kennedy, Jr. has been battling Gates for committing crimes against humanity in Africa with putative devastating vaccination failures. Watch his interviews; he blows serious bullshit. I urge you to keep an eye on the Gates Foundation. I don’t trust it. In 2010, the Rockefeller Foundation pondered how control of pandemics and a growing authoritarianism went hand-in-hand. Just as an aside, there is plenty to question about the World Health Organization too, but I don’t have the patience to go there.
It’s been a quite unprecedented development, the amount that the Gates Foundation is gifting to corporations…. I find that flabbergasting, frankly.
~ Linsey McGoey, professor of sociology at the University of Essex
Anything that would go against World Health Organization recommendations would be a violation of our policy.
~ Susan Wojcicki, CEO of YouTube, justifying censorship of alternative Covid-19 narratives
So we will have to prepare for the next one. That I’d say will get attention this time.
~ Bill Gates on what he calls “Pandemic II”
Our last pandemic of notoriety was 102 years ago. WTF are you talking about, Bill? You have my attention now, Bill.
~ Me
Worrying is like paying a debt you don’t owe.
~ Mark Twain
The Economy. So shitting a brick is out of the question? Last year’s review finished darkly. Seems quaint in retrospect. Economically, we are in the eye of the hurricane with little evidence the problems that preceded the pandemic and those caused by it have been resolved. Rents have been deferred but are coming due; mortgage-backed securities underlying those rents will default. Small business owners are clinging by their nails, frying their savings to fill the gap. Bridging loans overlayed on already record leverage is a stop-gap measure with no long-term escape plan. Leisure and hospitality employed 15 million people before the virus hit. Wholesale and retail sales jobs employed 20 million. Amazon may get the retail customers but will not absorb the unemployed. Without employment, there will no retail customers even for Amazon. The Zoom economy, in conjunction with social unrest and soaring prices, is emptying the cities measurably. It may eventually lead to a more efficient economy and even a better world in the long run, but the transition and fundamental reorganization of the cities will be rough. The perpetuation of our current metastable status quo presumes the vaccines will work and those lost jobs will reappear or be replaced. The phase change is coming, but it is hard to envision when and how. The middle class is going to take a beating.
The US’s just-in-time economy illustrates the brilliance of how markets can wring excess inventory and manufacturing costs out of the system. Costly redundancy and local production have been replaced with risk by relying on what is now our primary economic adversary—China. Both sides are determined to win this brawl. We will not be singing Kumbaya and doing group hugs with the Chinese while distributing the spoils of capitalism with civility. Humans have been fighting to the death for resources since before heading out onto the savannahs. The one president of the last half-dozen who seemed to understand the imperative of leveling the playing field in this game of Risk just got voted out of office. He is a flawed person and maybe used flawed methods, but he understands the need to rebalance foreign trade.
Meanwhile, the Fed wants much more inflation; the Chapwood Index says we already have way too much already. Those who remember the inflationary 1970s may recall that it destroyed savings and lives much like the deflationary 1930s; they are merely two routes to the inevitable destination—regression to the mean by flushing the pipes of excess. I am baffled by the Fed’s and other central bankers’ notion that you can replace wealth creation with money. It has never worked and never will. They lack the most primal understanding of free-market capitalism and price discovery. They are just a bunch of post-modernist John Laws.
Markets. Those of us with assets had a great year right into the maw of the Covid Beast. Is the future so bright we need to wear shades? I wish. More than 20% of the dollars ever created appeared this year. You can get any market to ride a tricycle like a circus bear after hooping that much liquidity, but that has never worked sustainably and never will. I don’t care about liquidity or Fed support or any of that crap. That’s the technical language of traders, not investors. My question is simple: Are you pushing all your chips in on a Texas Hold’em bet that a committee of mid-level bureaucrats will hedge your portfolio?
In 2018, I threw together 20 metrics of valuation to make the case that the markets were 2x over historical fair value. They are much frothier now. In the three sections of central importance to economics and finance—Wealth Creation, Valuations, and Broken Markets—I tried to hermetically seal a case for an unavoidable—a mathematically certain—disaster going forward. If that message was not received, my logic or prose failed completely. Once you are 2x overvalued, it’s game over. The markets can keep rising—they can do aerial figure eights and maybe you can trade them to great profit if you’re clever—but neither equities nor bonds can collectively provide acceptable returns sustainably starting at current levels. Caveat: an assumed GDP growth of 10% annualized would negate this assertion, but you are more likely to flap your arms and fly to Mars. Of course, we survived massive corrections in the past but never with so much explicit leverage and implicit leverage in unfunded liabilities. A relatively short, rip-the-Band-Aid-off regression to the mean equity valuations will rip away half the boomers’ assets during times in their lives when they can least afford it. Their bonds are already worthless as a source of income and eroding savings by inflation. A more methodical regression will burn the clock, destroying their savings slowly and painfully. The widely-held presumption that markets always recover quickly stems from a recency bias founded on the 1981–2020 market run that started from profound secular lows that were augmented by Fed interventions—dropping interest rates—the whole way. In case you forgot or skipped that section, from 1906–1981—the span of a lifetime—the reconstructed S&P inflation-adjusted capital gains were zero. Go back to “Valuations” and look at Figure 5: the inflation-adjusted gains were zero over 75 years. All you got were the dividends. That dividend-based return was depleted by taxes on those dividends, taxes on the nominal capital gains, fees, and demographics. What do you figure the annualized return on a dollar invested in 1906 would be? Pretty close to zero.
The sands in the hourglass have fallen for the boomers. Just because they need good returns doesn’t mean they will get those returns. In fact, that need may be the critical prerequisite for failure. The damage will be severe. If this seems hyperbolic, go back and read those three sections again. The FAANGs will not save them. Tesla will not save them. These companies don’t create wealth like the industrial juggernauts of previous eras. Only protracted wealth creation can mitigate the damage, and there is little evidence of that boom commencing anything soon.
Elections–Past, Present, and Future. We’re all relieved that this election is over, but there are problems to be resolved. The 2016 elections taught us that the primaries are not formally part of the democratic process. No Constitutional principle or law supports their role. The parties can pick candidates by any mechanism they wish, restrained only by statutes that prevent fraudulent fundraising and even that is only in theory. The 2016 Democratic primaries helped Team Clinton blow out Bernie. The huge percentage of special delegates guarantees the DNC will always nominate the DNC’s candidate of choice, not the choice of We the People. The Republican primaries witnessed all stops pulled out to cut Trump out of the nomination including states throwing their delegates to the person who lost the vote. Trump caught them by surprise, but that will not happen again. Just don’t think for a moment we are picking the candidates.
Now reflect back to the Democratic 2020 Iowa Caucuses. Biden was on stage, but he was an after-thought tucked away at the far end of the stage as merely a bookmark—a Post-It. Tulsi Gabbard was never a viable candidate because she is militantly anti-war, and that industry is too profitable. Tulsi did, however, destroy Harris with a two-minute fusillade of attacks on her fundamental character flaws. Harris quit immediately, having garnered the same number of delegates as a waitress at Hooters—zero. What was the pay line in the on-line betting parlors that night for a Biden-Harris administration?
The election will likely spark violence — and a constitutional crisis. In every scenario except a Biden landslide, our simulation ended catastrophically.
~ Washington Post (9/2/20)
Election fraud began when the Sumerians first allowed mail-in stone tablets, so accusations of fraud are nothing new. YouTube is loaded with old footage showing how a hacker of limited skill can coax the computers to flip votes (at least it was filled with them before Pravda-like censoring.) Several years ago Wikileaks provided insider emails describing fraud in Obama vs. McCain battle. But, generally, it seemed like a game of Capture the Flag with well-balanced teams. The 2020 Election was different. Covid-19 provided cover for systemic changes in voting and accompanying marked rise in the risk of voter fraud. We also had an incumbent who was uniquely unpopular within the beltway, the entire Democratic establishment (of course), an unidentifiable portion of the Republican elites, the entire media establishment, and the Deep State (Brennan et al.). Law-abiding citizens were brainwashed into believing Trump was the second coming of Adolf Hitler, which opens the door for “whatever it takes” thinking. (I get the disdain for Trump, but the Hitler meme was shameful.) This consortium of powerful detractors spent four years trying to engineer a Trump takedown. The Russia collusion story failed, the impeachment failed, but now we had an election. What are the odds that nobody tried to rig the election? I happen to think the evidence of fraud is considerable but insufficient and politically untenable to make the case. As happens so frequently now, however, there are also no open minds left to change.
Figure 1. A meme that is so clever I had to post it.
I posted a Twitter poll probing the thoughts about the elections. It is not about truth—you can’t get that from a poll—but about sentiment. From a sample size of over 18,000 votes, 37% of those leaning Left and 66% of those leaning Right believe the election was fraudulent. It is not about who is right but rather about perception. That lack of confidence is a fundamental problem even if there was no fraud whatsoever. We must find a way to restore faith in our elections by 2024, or we will go full-banana republic. Many suggest elections would be a perfect application of blockchain. We do it or pay the consequences.
As a minor bone to pick, I am having issues with President-elect Biden and (Vice) President-elect Harris. If the albeit overblown stories about Biden’s dementia have kernels of truth, our Manchurian Candidate may give way to our first Trojan-Horse candidate. (The other day Joe actually muttered that he might fake a health problem to step down. Come on, Man.) A proxy election of Harris is fully legal and was implicitly sanctioned by all but the most clueless Biden voters. Nonetheless, that is no way to pick a leader.
I suspect a hot topic among the old-school democrats are the losses in Congress and a small, but consequential, shift of the black vote from the Left to the Right. I wrote about this shift in 2016 and think it is playing out slowly. I don’t recall “Blacks for Mitt” or “Blacks for GWB”. Trump may have lit a fuse. Of course, none of this is germaine if all that matters is who counts the votes.
Biden-Harris Administration. The Left thought Bush junior would be a disaster, and, despite his best efforts to live up to that expectation by dragging us into catastrophic foreign wars, we survived (so far). The Right thought Obama would be a disaster. That is a very difficult case to make. The Left was back to worrying about Trump. Despite the unbelievably low expectations, Trump was by no means a disaster of the magnitude anticipated. If you can’t see some of the interesting things he achieved, your mind has narrowed too much. Try some yoga. Now the pendulum swings back to the Right fearing Biden (or Harris). Biden’s the last of the Old Guard, which is probably why he was slipped into the office by the DNC old guard. I am guessing there will be no Supreme Court stacking; that was just rhetoric (I hope). There will be wars just like every president (except Trump, who brought troops home.) Congress is more balanced again and, at the time of this writing, the Senate is still in Republican hands. Hopefully, the gridlock will usher in some garden-variety dysfunction. I have subtle concerns about a Harris presidency. Admittedly, my opinion is based on precious few facts, but Harris displays a concerning shallowness of character, a lack of a moral compass, and the potential to slide to the left of Bernie. (I sometimes reflect on what it must have been like raising the teenaged Kamala.) I am trying to reserve judgment because first impressions scavenged from the digital world are sketchy if not worthless.
US-China Relations. Trump was right about trying to regain some ground in global trade. What really worries me is that Biden looks like putty in the hands of Xi Jinping. This gets to the political dirty trick that was successfully muted by the press—the Hunter Biden laptop. I am convinced it exists; too many credible people said they confirmed it, the Biden team STFU bigly, and those damning photos of Crackhead Hunter came from somewhere. As a dirty election trick, however, it was too fragmentary and too late to influence the outcome. What was its purpose, and why does the laptop still matter now that Joe is in the Whitehouse? I can identify at least four parties who have the motive to put Biden and his administration over a barrel:
It is this last point that troubles me. Any effort to play hardball with our biggest competitor will be smothered. Biden has been kowtowing to Chinese authorities already. (The etymology of “kowtow” stems, ironically, from Mandarin.) Our biggest competitor and biggest existential threat just became bulletproof.
The drift into authoritarianism doesn’t always set off alarm bells. Citizens are often slow to realize that their democracy is being dismantled even as it happens before their eyes.
~ Steven Levitsky, Harvard University political scientist
The Rise of Social Democrats. I am even deeply worried about the social movements in the country. Despite their outward stances on social improvement, these second-generation post-modernists (neo-socialists) are populating administrative positions in which they are rewriting the rules of society. The few but growing number holding political office go by the name “justice democrats”. The young and severely left-leaning activists sign off on ideas that were unimaginable a decade ago. There is a fundamental difference when compared with their neo-modernist progenitors in the 1960s: these social justice warriors can be vicious. They perceive progress requires tearing down societal structures to rebuild new structures of their design. The movement got a toe-hold on college campuses, but it is moving into the adult world. What scares me is that they may not realize they are following paths similar to violent and authoritarian leftist movements of the past. What horrifies me more is that maybe they do realize it. The social justice movement could be a fad, but that is what they thought about 18th-century French revolutionaries, the Bolsheviks in early-20th-century Russia, and the Brownshirts in 1930s Germany. (And there you have it: Godwin’s Law.)
The deterioration of every government begins with the decay of the principles on which it was founded.
~ Charles-Louis De Secondat, 18th-century philosopher
Are we losing sight of the fundamental tenets of the Great American Experiment that guys like de Toqueville were so enamored with? The Saudi Royals made the fundamental mistake of turning education over to the radical Wahabi mullahs. We turned our school system over to the leftists. Eastern-Block Europeans are watching nervously as we willingly turn over control of our lives to the State, heading straight toward what they had assiduously left behind.
The urge to save humanity is almost always only a false-face for the urge to rule it.
~ H. L. Mencken
The Rise of Social Media. Let’s start by checking out this guy’s tweets:
He has a lot more just like that one. Should they be censored? Most definitely not. It’s free speech and not even shocking by Twitter standards. Yoel’s tweets are disturbing, however, because Yoel is “the Head of Site Integrity at Twitter. He leads the teams responsible for developing and enforcing Twitter’s rules on platform manipulation…” Yoel gets to decide what rules you follow. I wouldn’t let Yoel take out my trash.
Censorship is for losers.
~ Julian Assange
Last year I pondered how awful it was that the Silicon Valley tech giants are listening to everything we say. How quaint. It is now clear that they are also controlling everything we say and who gets a voice. Censorship by Big Tech—Twitter, Google, YouTube, and Facebook to name a few—is completely out of control. They are deciding what are the correct narratives and which are no longer tolerated. As of tonight, YouTube has announced that they would not tolerate any postings involving election fraud. The Covid-19 media narrative followed the script concocted by the Gates Foundation and the World Health Organization. If you broke from that narrative you were exiled. The Biden laptop story was a real story, but it got buried not just by ignoring it but by blocking it relentlessly. The original article in the New York Post got blocked on all social media. Michael Moore’s and Jeff Gibbs’ Planet of the Humans documentary was booted from YouTube because it deviated from the Climate Crisis narrative. (Hey Michael: I’ve got an idea for your next documentary on corporate malfeasance.) HCQ as a therapy for Covid-19 was buried because it was not consistent the World Health Organization, the Gates Foundation, or vaccine-industrial complex narratives, which are one and the same. YouTube, Twitter, and Facebook contributors are relentlessly booted and demonetized because Silicon Valley is the new home of authoritarianism. This is not just a bunch of lefties with distorted world views; there is something deeper and more sinister at play.
The Left supports curbing perceived dangerous ideas more than does the Right. I think of this as differences in world views, not politics. In this particular issue, I strongly believe the Left has it dead wrong; your urge to curb speech is the most dangerous idea of them all. Please stop. You’re hurting the Nation. Those on the Right who support the right of the tech goliaths to do what they want are every bit as full of shit. This is some sort of theoretical libertarianism. Digital communication is our speech now. As platforms like Gab supporting free speech have emerged, they have been ruthlessly squashed like bugs. If you really want to go that level of libertarian, you’re setting us up for total failure. People will lock and load; they are that pissed off. The Supreme Court must step in and take on a few of these cases. The Court has fallen way behind the digital revolution.
In almost every act of our daily lives, whether in the sphere of politics or business, in our social conduct or our ethical thinking, we are dominated by the relatively small number of persons…who understand the mental processes and social patterns of the masses. It is they who pull the wires which control the public mind.
~ Edward Bernays in Propaganda (1928)
The Mainstream Media. The conventional media, with precious few exceptions, sucks so badly that they are of no value. The media is granted special Constitutional protections but have abrogated their responsibilities. The legends of the past—Edward R. Murrow, Walter Cronkite, David Brinkley, or Ted Koppel—have no modern-day analogs. They have been replaced by losers and liars. This is an opportunity for independent media step in, but as many have noted, the Silicon Valley Mob and the mainstream press won’t tolerate that.
I feel that the nightmare of Nineteen Eighty-Four is destined to modulate into the nightmare of a world having more resemblance to that which I imagined in Brave New World…. My own belief is that the ruling oligarchy will find less arduous and wasteful ways of governing and of satisfying its lust for power, and these ways will resemble those which I described in Brave New World.
~ Aldous Huxley’s letter to George Orwell dated October 21, 1949.
The Great Reset. The Eurowankers are babbling about “The Great Reset”. One of the proponents, Klaus Schwab, looks like he is right out of Dr. Strangelove. Let us try to get by the name that sounds like the Fourth Reich has arrived. Here is the challenge: start Googling “the Great Reset” and identify what it actually means. It could be as simple as plans for a new currency regime. Maybe Schwab and Lagarde know the dollar is headed to where all fiat currencies go, the dusty archives of history. Don’t forget: the multinational banks and affiliated central banks superficially have sovereign ties but not really. If the dollar has to go, then its departure will be aided by the Fed. I was supposed to join a Zoom call with economist Steve Hanke and a political guru; they promised to lay out the Full Monty on this reset thing. It got delayed, but we’ll do it. Maybe it will be a topic in the 2021 YIR.
We live in a world where the powerful deceive us. We know they lie. They know we know they lie. They don’t care. We say we care but do nothing.
~ Adam Curtis, BBC documentary-film maker
The moral to be drawn from this dangerous nightmare situation is a simple one: Don’t let it happen. It depends on you.
~ George Orwell
Parting Thoughts. I think the US and World are looking forward to turbulent times with the threat of encroaching authoritarian rule. There will be times in history when independent thought requires more heroism than any of us can imagine.
Never do anything against conscience even if the State demands it.
~ Albert Einstein
The sections below include Acknowledgements and the list of book reviews for the year. I bid you and the Year 2020 farewell.
Before listing my year’s books, I’d like to thank all of those in the finance world who have let me into your world and podcasters who let me rant. I welcome contact through dbc6@cornell.edu. I thank readers who helped reign me in with marginal success. This group includes Ryan Woltornist, my brother Ned, and my wife Candace. This is the first year she read it. Last but not least, I thank Adam Taggart and Chris Martenson for have given me a forum to summarize my world view for many years. They are culpable for their ideas but not mine.
George Costanza to a blind guy: “I love those books on tape.”
Blind guy: “No kidding. These things have ruined me for Braille.”
I’ve increasingly turned to audiobooks to expand my reading coverage and to compensate for my fourth-grade-level reading skills. Many use podcasts could fill useable timeslots, but you have to keep finding new ones, whereas audiobooks require infrequent decisions. I have recently taken to listening at 1.5 speed, which requires you acclimate to narration by Alvin the Chipmunk. Ironically, I listened to fewer audiobooks this year because I spent less time in my car.
The Madness of Crowds: Gender, Race and Identity by Douglas Murray
Murray takes on the whackiest ideas of the new-era progressive culture and eviscerates them. If you are “woke” you will likely detest this book but fence sitters and those tired of politically correct thinking will love this book. He makes his arguments systematically and methodically. The 4.7 star rating at Amazon is fully justified.
Live Not by Lies: A Manual for Christian Dissidents by Rod Dreher
The message of the book far exceeds the quality of the narrative. It ponders the persecution of Christians by communist and socialist regimes. It is somewhat too much emphasis on Christian faith. It also was slow. The key message, however, is that the kind of social movements in the US today have haunting similarities to totalitarian regimes of the past. The goal is always to wring the past out of the history books, aided by the curbing of free speech. Within a generation, the critical insights of freedom are lost unless preserved with great care. Those who have been under such regimes are haunted by our responses to the foreshadowing of things to come in the US.
Fortitude: American Resilience in the Era of Outrage by Dan Crenshaw
I am a big fan of Congressman Dan Crenshaw. I am well aware of the risk that he may prove to neocon-ish for my tastes if in a position of authority (like being president). With that caveat, the guy has great ideas about how to live your life and pushback against the growing neo-Marxist movement within the US. It is a book of well thought out ideas. The combination of the Columbia-Harvard education with the Navy SEAL training makes for an interesting narrative.
Devil Take the Hindmost: A History of Financial Speculation by Edward Chancellor
This is my second time reading this book. Chancellor is an expert on bubbles and manias. For those interested in the topic, this is a must read. It is an easy read (especially for the second time). I continue to assert that previous bubbles were founded on flawed reasoning that, nonetheless, is more convincing than the backstory to the current bubble. We will be defenseless to historians’ gazes at what has occurred over the last few decades.
Why We Sleep: Unlocking the Power of Sleep and Dreams by Matthew Walker
This book is not that exciting but potentially one of the most important books you will read, provided you are not too old to act upon the suggestions. As a veteran of two sleep disorders that have left me under rested for 65 years it was a little horrifying. The book drills home an important point: you need 7–8 hours of sleep per night or you will suffer both functionally and physically. Many claim they don’t, but they have not done the control experiment; they are deluding themselves. Moreover, you cannot “make it up on the weekends”. Naps are good, but it is not that simple. Study after study documents the importance of both the quantity and quality of sleep. If you won’t let yourself get a good night’s sleep or think you are muy macho, read the book.
How to Have Impossible Conversations: A Very Practical Guide by Peter Boghossian and James Lindsay
I’ve developed a bit of a digital friendship with Peter and decided to read his book to better understand the man. He developed ideas about communication working with convicts in prison. This book is densely packed with advice on how not to screw up difficult conversations. They emphasize the importance of determining your goals at the outset—some conversations should never take place—and how not to use rhetoric to completely screw them up. Peter suggests that the topic requires study not just reading it once. Indeed, I will go through the a second time. I kept finding myself saying, “Yup. I screw that up too.” They also emphasize the importance of trying to understand where your conversation partner is coming from emotionally and morally, not factually. The one thing I disagree with them on is that they strongly suggests you avoid Twitter. By contrast, I think that it is an excellent medium to practice turning the tide on difficult conversations with people who enter the discussion assuming (correctly or not) that you are a douche bag.
The Black Death: The World’s Most Devastating Plague by Dorsey Armstrong
I love the Middle Ages and the trimester length audio courses by the Teaching Company (The Great Courses series). It was ironic that started reading about immunology in the fall of 2019 and listened to this course in December of 2019 right before Covid-19 hit my radar. Although I’ve read many of this genre, this course nails it. The description of the Black Death—three plagues acting as one—is the iconic image of the Middle Ages but ironically brought the era to a close by creating demand for labor the hard way. I also find it interesting that it arguably arose from the population growth inspired by the Medieval Warming Period (MWP) that climate activists like to ignore. The chaos brought to the world was unimaginable as the fabric of society was shredded. I highly recommend this book along with others like A World it Only by Fire.
For years I have been trying to wrap my brain around what constitutes wealth creation, but this year I put on additional effort. Gordon’s book was flagged by a blog, and it is really good. Gordon makes the compelling case that the industrial revolution from 1870–1940 was far more revolutionary than other period and not likely to be replicated. He describes a flattening of the curve from 1940–1970 and further flattening from 1970–present. Some will blow snot bubbles at the assertion we are not in a revolutionary period but both Gordon and I would disagree. Certainly a lot of Gordon’s logic snuck into my discussion entitled, “Wealth Creation”. Where you create something from nothing it is revolutionary. Improving something to something better incremental.
Apocalypse Never: Why Environmental Alarmism Hurts Us All by Michael Shellenberger
As noted in an epilogue in the early portions of this Year in Review, I had decided I was done with trying to further undertand climate change, at least until something caught my eye. I got suckered into reading Shellenberger’s book as lifelong environmentalist who, in many ways, turned against his brethren in the climate change community. He presents all the various topics that the climate change community is screaming about as well as a few environmental and conservation topics that are popular in the context of what economists call “negative externalities”. With every effort to save our climate and ecosystems there is a price—a sacrifice—that must be paid. Shellenberger lays these out, providing a credible case for how much activists fail to consider the price. The book is consistent with the notion that the Venn diagram including environmentalists and climate change activists has an imperfect and shrinking overlap. The absurdity that the climate change crowd opposes nuclear energy is just one example. (I have spoken with other nuke experts who concur.) I must confess that it does not read like a guy who switched teams in mid stream but rather like he never really did buy into the climate debate. I would say the book is an A–, but for the neophytes who have not heard the other side of the stories, it has valuable information.
Our Magnificent Bastard Tongue: The Untold History of English by John McWhorter
John is a brilliant linguist (to me at least), and his books tell fabulous stories about the structure and origins of language. I will read or listen to anything coming from John’s huge brain. (Last year I reviewed his Myths, Lies, and Half-Truths of Language Usage.) In this treatise, he tears apart the origins and resulting idiosyncracies of English. I must confess that this one bogs down in detail more than the others. His best is a trimester lenght course from the Great Courses series.
The Sixth Extinction: An Unnatural History by Elizabeth Kolbert
I enjoyed the book. The author chronicles the influence that humans have had on the species that have found themselves in harms way of human cultural evolution. As a climate denier who also believes that our influence on the planet is profound and, at times, quite detrimental, I found the presentation reasonably balanced (not hyperbolic). I must also confess that it was not very sticky for me; if asked to tell you what was discussed in the book six months after finishing it I would get stuck pretty fast. (Reminds me of “Sapiens” in this respect.) I checked out the one-star reviews on Amazon and sense maybe others had this problem.
These authors provide a fairly simple narrative about the events leading up to and during the first year of the Covid-19 pandemic. Their perspective is one that is decidedly critical of how we handled it and expressing serious doubt that it was worse than other pandemics of the past that were not addressed with Draconian measures. It will confirm the thoughts on those who believe the pandemic was overstated and probably unlikely to change the minds of those who believe that a protracted shutdown is warranted. I am not convinced any authors will successfully draw opinions across that great divide. It is entertaining but not deep.
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