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MSM Already Using Capitol Hill Riot To Call For More Internet Censorship

MSM Already Using Capitol Hill Riot To Call For More Internet Censorship

The United States received a very small taste of its own medicine today as rioting Trump fanatics temporarily forced their way into the nation’s Capitol building, and now the whole nation is freaking out.

I am being generous when I say that America was given a very small taste of its own medicine; unlike the horrific coups and violent uprisings the US routinely orchestrates in noncompliant nations around the world, this one stood exactly zero chance of seizing control of the government, and only one person was killed.

I am also being generous when I say the rioters “forced their way” in; DC chose not to increase its police presence in preparation for the protests despite knowing that they were planned, and there’s footage of what appears to be cops actively letting them through a police barricade. There was some fighting between police and protesters, but contrasted with the unceasing barrage of police brutality footage which emerged from Black Lives Matter demonstrations a few months prior it’s fair to say the police response today was relatively gentle.

 

Predictably, this entirely American disruption has blue-checkmarked commentariat shrieking about Vladimir Putin on social media.

 

 

Just as predictably, it’s also got them calling for the censorship of social media.

The New York Times has published two new articles titled “The storming of Capitol Hill was organized on social media” and “Violence on Capitol Hill Is a Day of Reckoning for Social Media“, both arguing for more heavy-handed restrictions on speech from Silicon Valley tech giants.

…click on the above link to read the rest of the article…

 

 

Hey, Wall Street——-This Bud’s For You!

Hey, Wall Street——-This Bud’s For You!

Plain and simple, the sum of Washington policy is to induce the business economy to eat it seed corn and bury itself in debt. Capitol Hill does its part with a tax code which provides a giant incentive for debt finance, and the Fed completes the job through massive intrusion in the money and capital markets. The result of systemic financial repression is deeply artificial, subsidized interest rates and free money for carry trade gamblers—–distortions which have turned the C-suites of corporate America into stock trading rooms.

As a case in point, the $46 billion of bonds sold by the owners of Budweiser last night where priced at a ten-year yield of 3.67%, which means that after taxes and inflation, the company’s borrowing cost was hardly 1%. Yet, as explained more fully below, the only point of this massive offering was to fund with nearly free long-term capital the huge payday for speculators in SABMiller stock that will result from the $120 billion Anheuser-Busch InBev (BUD) takeover transaction.

But consider the economic context. As astounding as it may seem, US net business investment in fixed assets last year was 10% below its turn of the century level. And that’s in nominal dollars—-in real terms its down by nearly one-fifth.

Moreover, net investment is the right measure, and its not at all comparable to the what Wall Street stock peddlers, who claim to be economists, are always bloviating about.

…click on the above link to read the rest of the article…

NSA Spies on Congress

NSA Spies on Congress

The NSA has been caught taping conversations between Capitol Hill and Israel. Glenn Greenwald reported that the “NSA under President Obama targeted Israeli Prime Minister Benjamin Netanyahu and his top aides for surveillance. In the process, the agency ended up eavesdropping on ‘the contents of some of their private conversations with U.S.’” He notes that those who supported the NSA suddenly had a different tone when they realized that they had been the targets.

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