SJWs AT YALE
44% of Americans won’t pay any federal income tax
April 18th is the deadline for filing your taxes
Many Americans won’t owe the government a dime today.
More than four in 10 American households (44.3%) — or upwards of 76 million — didn’t pay any income tax to the federal government last year, according to data for 2016 from the Tax Policy Center. This year that number is expected to be roughly the same, at 43.9%.
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Real Estate Speculation – Boom – Bust – Just Insanity
Guest Post by Martin Armstrong
Real estate depends on how far down the rabbit hole we go. If government does not blink and it just keeps raising taxes trying to support a system that is unsustainable, then we end up in the full crash and burn and you are compelled to walk away from real estate. Hopefully, with education understanding the past, we can for once avoid the same outcome and advance in this learning curve of civilization.
Vacation properties are the worst to survive. I bought such a place to live in at about 50% of its 2007 high. So while high-end properties in cities were rising, vacation spots on the beach declined. I wanted beach front. So understanding the cycle helps tremendously for entry and exit points.
The risk of mortgages declining is real. As governments get in trouble, long-term confidence starts to decline. Banks will not longer be able to package mortgages. As that unfolds, the lack of the availability of mortgages means the only cash rules.
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Alt-LARP
Guest Post by The Zman
For weeks, maybe months, the site WeSearchr was raising money to finance another street fight with the black clad Antifa guys. It was pretty obvious that the point of the “rally” was not free speech or to support Trump. It was an effort to have a rematch with Antifa, which kicked the crap out of the normies at the Berkeley Milo event back in February. The WeSearchr guys did everything but offer to drive the Antifa people to the event. It was such an obvious setup, it is surprising that someone did not shut it down in advance.
The social media reports from the event strongly suggest the cops were told to stand aside and let things take their course. That appears to be the style in Berkeley, where they just assume the numbers are always on their side. On the other hand, there’s a protest every day at Berkeley. It’s just part of the culture. It’s entirely possible that the level of cynicism has reached the point where the cops simply don’t care. There’s no way to know, but the Alt-Lite people seem to think the cops were told to stand down.
War Cries Drown Out ‘America First’
Guest Post by Patrick J. Buchanan
“Why would I call China a currency manipulator when they are working with us on the North Korean problem?” tweeted President Donald Trump on Easter Sunday.
Earlier, after discovering “great chemistry” with Chinese President Xi Jinping over “the most beautiful piece of chocolate cake” at Mar-a-Lago, Trump had confided, “I explained … that a trade deal with the U.S. will be far better for them if they solve the North Korean problem!”
“America First” thus takes a back seat to big-power diplomacy with Beijing. One wonders: How much will Xi end up bilking us for his squeezing of Kim Jong Un?
Run for Your Life: The American Police State Is Coming to Get You
Guest Post by John W. Whitehead
“We’ve reached the point where state actors can penetrate rectums and vaginas, where judges can order forced catheterizations, and where police and medical personnel can perform scans, enemas and colonoscopies without the suspect’s consent…. These tactics are … about degrading and humiliating a class of people that politicians and law enforcement have deemed the enemy.”—Radley Balko, The Washington Post
Daily, all across America, individuals who dare to resist—or even question—a police order are being subjected to all sorts of government-sanctioned abuse ranging from forced catheterization, forced blood draws, roadside strip searches and cavity searches, and other foul and debasing acts that degrade their bodily integrity and leave them bloodied and bruised.
Americans as young as 4 years old are being leg shackled, handcuffed, tasered and held at gun point for not being quiet, not being orderly and just being childlike—i.e., not being compliant enough.
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WHO’S BOSS?
QUOTE OF THE DAY
“If you wanted to understand a politician you mustn’t pay too much attention to his speeches, but find out who were his paymasters. A politician couldn’t rise in public life, in France any more than in America, unless he had the backing of big money, and it was in times of crisis like this that he paid his debts.
The great corporation which employed you lied to you, and lied to the whole country—from top to bottom it was nothing but one gigantic lie.”
Upton Sinclair
AT LEAST HE MADE HIS COURT DATE
The Swarm
There’s no stopping the swarm.
Guest post by Robert Gore at Straight Line Logic
Thag and his tribesmen had taken down a mammoth that morning. The feast was still underway, but Thag was bored with the men grunt-bragging about their exploit and the women grunt-complaining about the tribulations of raising cave-kids. He retreated to his cave and sat outside it, absently rubbing two sticks together. His hand brushed against one of the sticks where he had rubbed it—hot. After rubbing some more he stuck a dried leaf on the hot spot, just to see what would happen. Smoke, a flame, fire! He dropped the burning leaf to the ground. How could this be? Fire came from the sky gods. The flame died out. He gathered leaves, put them in a pile, rubbed the sticks, ignited a leaf, and dropped it on the pile. Big fire! Warm—good on cold nights.
Is The Deep State Creating Another “Crash Of 1929”?
Authored by Jeff Thomas via InternationalMan.com,
Regarding the Great Depression… we did it. We’re very sorry… We won’t do it again.
– Ben Bernanke
Waiting too long to begin moving toward the neutral rate could risk a nasty surprise down the road—either too much inflation, financial instability, or both.
– Janet Yellen
In his speech above, future Federal Reserve Chairman Ben Bernanke acknowledged that, by raising interest rates, the Fed triggered the stock market crash of 1929, which heralded in the Great Depression.
Yet, in her speech above, Fed Chair Janet Yellen announced that “it makes sense” for the Fed to raise interest rates “a few times a year.” This is a concern, as economic conditions are similar to those in 1929, and a rise in interest rates may have the same effect as it did then.
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The Federal Reserve Is, and Always Has Been, Politicized
MEANWHILE…..IN DETROIT
DETROIT (WWJ) – The caption says simply: “This happened in Downtown Detroit last night.”
And then starts a video that shows about 25-40 men punching, kicking and brutally beating people on the streets of Greektown, one of Detroit’s most popular hotspots. In the video, one man is lying with his head over the curb appearing unconscious and very badly injured. He gets punched and kicked as the cell-phone filming crowd of young men shouts and laughs.
The Battle(s) Of Berkeley–Someone Is Going To Get Killed. Where Is Trump?
“Weimerica” is a common term for neoreactionaries and right wingers disgusted with the decadent culture and self-hatred of the modern United States. But it took on a whole new meaning Saturday when street fighting between organized groups of the Left and the Right broke out in Berkeley, California as antifa tried to shut down a free speech rally. And by all accounts, it was the nationalists who came out on top.
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How to Structure a Deal With North Korea
Guest Post by Scott Adams
One of the most useful things I learned in business school was that you can usually make a deal whenever the parties involved don’t want full control of the same limited resources. That’s why a peace deal in Israel is impossible – because both sides want the same land. But that’s a rare situation (fortunately).
The more normal situation is the one we see with North Korea and the United States. The United States doesn’t want the same limited resource that North Korea wants. And China has their own interests. That kind of situation almost always means you can reach a deal if you look hard enough.
USA 2017 vs. France 1789
From Crimson Avenger at Defiant Thinking
Most people are familiar with the story of the French Revolution: When the poor revolted against the unfairness and wealth inequality imposed by the aristocrats, they overthrew the monarchy and beheaded more than 40,000 people, mostly clergy and noblemen, as punishment for their crimes and injustices.
The days of using a guillotine may be behind us – but the anger that led to that revolution is similar to the growing anger at economic inequality in the US today, and could lead to the same kind of unrest.
In France, there were three classes: The First Estate, made up of clergy; The Second Estate, made up of the nobility; and the Third Estate, made up of everyone else. Even though the first two Estates were made up of just 3% of the population, they owned 35% of the land, paid almost no taxes, and held virtually all the political power in the country.
Where are we in America today?