What’s good advice to help you get into your first choice college? Just pretend you are a citizen of China and pay full price!

Some 400 college and university presidents belong to the Presidents’ Alliance on Higher Education and Immigration – see here – which advocates for ever more international students.

Follow the money, and you discover the huge advantage of recruiting foreign students, who are never allowed to receive school or federal aid, and so they always pay full tuition.

Take the University of California (UC) for example:

Foreign nationals pay UC about $70,000 a year. The same school charges $27,000 to an average American student (family earns $100,000, owns their home and has $100,000 assets). That’s a total subsidy of $43,000 from the school and federal programs.

The international student’s tuition and room and board is 2.5 times an American’s, so colleges and universities vie for foreigners to increase institutional revenue.

Money, not merit, may often be making admission decisions.

All together, post-secondary institutions receive $45 billion in extra tuition fees each year by refusing American students and giving openings to international applicants.

This is not a small problem.

In 2019, the total number of international students enrolled in US colleges was 1,095,299, including:

  • 431,930 undergraduate students
  • 377,943 graduate students
  • 62,341 non-degree students
  • 223,085 Optional Practical Training (OPT) workers

The most recent statistics available show foreign students – who made up 12% of the total student population – contributed nearly 30% of all tuition revenue at public universities.

The top five US schools displacing American students with foreign students in 2019 were:

  1. New York University -19,605 foreign
  2. University of Southern California Los Angeles -16,340 foreign
  3. Northeastern University – 16,075 foreign
  4. Columbia University – 15,897 foreign
  5. University of Illinois/Urbana – 13,497 foreign

If you are concerned with what happens to these millions of international students after graduation, don’t worry – most of them have it made. The information industry is where many are headed, and big tech companies employ hundreds of thousands of foreign workers, who replace Americans under various government programs.

All told, Information Technology (IT) employment in the United States reached an estimated 12.1 million workers last year, growing by more than 307,000 in just 12 months.

A California lawyer, Randy Berholtz, told the San Diego Union-Tribune his experience with preferences for foreign, versus American students:

First, we are taking needed positions away from Californian and American students. My daughter’s guidance counselor at a San Diego high school told her students not to apply to UC San Diego, because she felt that even though they had top grades, they wouldn’t be accepted there, owing to its difficult admission policies.

The situation is compounded by the huge number (370,000) of international students from Communist China, Berholtz explained

Second, we are educating students from a fairly hostile communist country with which we are embroiled in a trade war, and we may eventually be involved in a major military conflict at some point.

In addition, there are many cases of China’s students, researchers and the like, who have been linked to an organized effort by that country to spy on us, and steal important inventions and other trade-secret information from American entities.

He also said that residents of other USA states are not being actively recruited, while schools seek applicants from China and elsewhere.

Third, it appears that UC admissions officers have decreased their efforts to attract other American students from outside of California in favor of students from China.

I am originally from the coal regions of Pennsylvania, where poverty rates are in the 50% to 60% range. Students from my hometown and region would love to attend UC San Diego, as well as students right here in outlying cities and communities in San Diego and the rest of California.

On a personal note, he added:

One of my daughters had very high grades from a well-known high school in San Diego, and did not get into UC San Diego. She instead was admitted to the Claremont Colleges.

My Shanghai colleague’s daughter, however, was admitted as an undergraduate into UC San Diego, which just isn’t right.

With the current Covid-19 scare, we are losing millions of jobs, many forever. It is time to prioritize Americans for remaining job openings. Those in the higher education business must help America’s “best and brightest”, and let other countries invest the time and money to take care of their own.

President Donald Trump’s recent proclamation to limit workers and students from China does not apply to undergraduate students and also allows in all graduate students, except those tied to the Chinese military or government. The move was nothing but a token effort – political optics at a time when we need insightful vision.

Next Tuesday: How the “Alliance” joined with FWD.US to put Americans last!

FLU far more deadly for most U.S. states than Covid-19

Remember when the governors closed nearly all the states for months to fight the Flu in 2018, when high estimates showed 95,000 deaths, and even the average guess was 61,000?

Remember how President Donald Trump reacted in 2019, when that prior year analysis came true, and the Centers for Disease Control (CDC) decided the almost final number was 61,000 deaths, plus or minus 20,000 to 30,000 deaths?

Remember when Trump demanded to know why the CDC had no clue to the actual flu death numbers, despite the agency’s 10,899 employees and budget of $11.1 billion?

You can’t remember what didn’t happen, but the disaster of home imprisonment for hundreds of millions of Americans will long be recalled as record fear-mongering, more suited to electioneering than providing our people the truth.

…from a talented friend

Unfortunately, the President usually listens to the wrong advisors, and rarely reviews the actual statistics that might refute their talking points.

For example, in a recent interview in the Lincoln Memorial, he mused that many other countries kept their businesses open and didn’t force everyone to stay at home. He said they did the wrong thing by not closing, or re-opening too soon.

He mentioned Sweden and Japan. Sweden has been repeatedly castigated by the American Press for putting its citizens in danger by not closing stores and factories, and allowing residents to go forth in the great outdoors.

The table we assembled at the end of this blog lists the Covid-19 deaths by million, total deaths and cases by million yesterday for the states and most nations. Flu cases are only those patients seen by a doctor or hospital. Actual cases were much higher and included those who self-medicated, worked through the illness, or ignored symptoms.

By contrast, Covid-19 cases in the U.S. are either those presumed to have the virus, or were tested positive for the virus, regardless of symptoms or recovery. While about 96% of Covid-19 cases require no hospitalization, they are still continually reported as active cases, and never removed from the CDC reports, boosting perception of a larger infection rate than actual.

Sorted by the death rate, our table allows comparison of how well the pandemic was contained, and it paints an ugly picture for many states, especially New York, where daily press briefings by its governor hid a disaster that could only be properly attributed to incompetence, primarily in New York City.

New York state has 1,268 deaths per million residents. Compare that to Trump-target Sweden with 274 deaths or Japan with four deaths per million citizens!

New Jersey has suffered 888 deaths per million, Connecticut – 697, Massachusetts – 586, Louisiana – 431, Michigan – 407, Rhode Island – 323. Each of those states has a higher rate than one of the CDC estimates of U.S. flu deaths in 2018, the last year of verified data.

Across the nation the death per million average was 211 as of yesterday. Excluding New York it would be 170.

The President also trumpeted the accomplishment of performing more virus tests than South Korea, ignoring reality – endless testing won’t stop deaths. Instead, he should have credited South Korea with its five deaths per million citizens, a stunning 1/234th of New York and 1/42d the U.S. average.

And Trump should confront those unmasked health bureaucrats that flank him on press briefings and ask questions like these:

Explain how a “communist/socialist/backward/dictatorship” like Russia has a Covid-19 death rate of just nine, versus the lowest for any U.S. state – Alaska – which has 12 deaths per million?

How does a collapsing dictatorship like Cuba manage only a virus death rate of six?

Are you surprised that densely populated Egypt, which gets billions in foreign aid from the U.S. has a rate of just four deaths, versus New York’s 1,268?

Finally, how can one of the poorest nations on earth and second most populous – India – manage just one death per million?

Examine the following table:

  • Decide for yourself if hiding at home worked, and ponder why four states – New York, New Jersey, Michigan and Massachusetts – represent nearly 60% of all deaths in the 50 states.
  • Is reporting both confirmed and probable deaths – as ordered by the CDC on April 15 without any certification – the correct way to compile data affecting hundreds of millions.
  • Why has third-world Africa virtually escaped the pandemic with just 1,848 total deaths in a continent of 1.2 billion.
  • Why is the death rate in Massachusetts higher than Spain or Italy, while both nations are portrayed as suffering the worst infections worldwide by the media?
  • How can Texas have only 889 deaths, while New York – with 8 million less population – totals 24,874?

Deaths/ Total Cases/
Million Deaths Million
New York 1,268 24,874 16,509
New Jersey 888 7,886 14,348
Connecticut 697 2,495 8,177
Belgium 684 7,924 4,337
Massachusetts 586 4,004 9,969
Spain 544 25,428 5,311
Italy 481 29,079 3,505
Louisiana 431 2,012 6,291
UK 423 28,734 2,807
Michigan 407 4,049 4,394
France 381 24,895 2,584
Rhode Island 323 341 9,135
Netherlands 297 5,082 2,379
Flu USA (high) 290 95,000 83,105
Sweden 274 2,769 2,250
Ireland 267 1,319 4,409
Pennsylvania 221 2,832 4,069
Maryland 219 1,317 4,399
Switzerland 206 1,784 3,464
Illinois 204 2,618 4,797
Indiana 188 1,246 3,003
Delaware 186 177 5,485
Flu USA (avg.) 186 61,000 63,205
Luxembourg 153 96 6,115
Colorado 152 842 3,008
Flu USA (low) 140 46,000 54,812
Georgia 117 1,204 2,826
Washington 115 837 2,163
Portugal 104 1,063 2,503
Canada 102 3,842 1,606
Mississippi 101 303 2,526
Nevada 90 262 1,879
Ohio 89 1,040 1,711
Ecuador 89 1,569 1,807
Denmark 85 493 1,669
Vermont 83 52 1,443
Germany 82 6,866 1,978
Virginia 81 684 2,317
Minnesota 76 419 1,205
Iran 75 6,277 1,174
New Mexico 72 151 1,840
Florida 68 1,399 1,791
Austria 67 600 1,734
N. Hampshire 64 86 1,874
Missouri 62 377 1,385
Oklahoma 61 238 1,014
Iowa 60 188 3,098
Alabama 60 292 1,624
Wisconsin 59 339 1,378
California 57 2,215 1,403
Kentucky 57 253 1,155
South Carolina 55 275 1,337
Arizona 52 362 1,244
Kansas 51 147 1,785
Slovenia 47 97 692
Panama 46 200 1,668
North Carolina 43 439 1,167
Maine 43 57 889
Romania 43 818 702
Finland 43 240 961
Nebraska 41 78 3,103
Turkey 41 3,461 1,514
N. Macedonia 41 85 729
Estonia 41 55 1,284
Peru 39 1,286 1,393
Norway 39 214 1,454
Idaho 38 64 1,221
Hungary 36 351 314
North Dakota 33 25 1,583
Brazil 33 7,106 483
Texas 32 889 1,156
Tennessee 32 210 1,981
Dominican Rep. 32 346 759
Iceland 29 10 5,272
Oregon 27 109 657
West Virginia 27 50 659
Israel 27 234 1,876
Liechtenstein 26 1 2,151
Arkansas 25 76 1,147
South Dakota 24 21 3,044
Bosnia and Herzegovina 24 78 587
Serbia 23 197 1,094
Czechia 23 251 728
Mayotte 22 6 2,515
Croatia 19 80 512
Aruba 19 2 937
Poland 18 698 370
Mexico 17 2,154 182
Lithuania 17 46 521
Utah 16 50 1,699
Montana 15 16 437
Cayman Islands 15 1 1,126
UAE 14 137 1,489
Greece 14 146 253
Chile 14 270 1,080
Montenegro 13 8 514
Armenia 13 39 846
Hawaii 12 17 436
Wyoming 12 7 1,007
Alaska 12 9 498
Bulgaria 11 78 238
Belarus 11 103 1,851
Algeria 11 465 106
Albania 11 31 279
Russia 9 1,356 995
Kuwait 9 40 1,236
Ukraine 7 303 282
Colombia 7 340 151
Bolivia 7 76 137
Philippines 6 623 87
Cuba 6 69 147
Argentina 6 249 106
Uruguay 5 17 189
Slovakia 5 25 259
Saudi Arabia 5 191 823
S. Korea 5 252 211
Morocco 5 179 137
Tunisia 4 42 86
Qatar 4 12 5,620
New Zealand 4 20 308
Liberia 4 18 33
Lebanon 4 25 108
Japan 4 487 118
Egypt 4 436 67
Australia 4 95 268
Singapore 3 18 3,210
Malaysia 3 105 196
Indonesia 3 864 42
French Guiana 3 1 445
China 3 4,633 58
Azerbaijan 3 26 196
Suriname 2 1 17
South Africa 2 131 114
Somalia 2 35 48
Pakistan 2 476 95
Oman 2 12 516
Maldives 2 1 1,001
Kyrgyzstan 2 10 127
Kazakhstan 2 29 216
Iraq 2 98 58
Georgia 2 9 149
Gabon 2 5 151
El Salvador 2 12 86
Djibouti 2 2 1,130
Congo 2 10 43
Cameroon 2 64 78
Brunei 2 1 315
Afghanistan 2 90 74
Togo 1 9 15
Sierra Leone 1 9 22
Paraguay 1 10 56
Niger 1 36 31
Mali 1 29 29
India 1 1,452 33
Costa Rica 1 6 146
Bangladesh 1 182 62
Sudan 1 41 15
Jordan 1 9 46
Guatemala 1 17 39
Eswatini 1 1 100
Thailand 1 54 43
Nicaragua 1 5 2
Haiti 1 9 8
Guinea 1 9 130
Equatorial Guinea 1 1 225
Senegal 1 10 76
Ivory Coast 1 17 53
Ghana 1 18 88
Chad 1 10 7
Hong Kong 1 4 139
Guinea-Bissau 1 1 131
Venezuela 0 10 13
Nigeria 0 87 12
Libya 0 3 9
Kenya 0 24 9
Gambia 0 1 7
DRC 0 34 8
Botswana 0 1 10
Zimbabwe 0 4 2
Uzbekistan 0 10 65
Tanzania 0 16 8
Tajikistan 0 3 24
Taiwan 0 6 18
Zambia 0 3 7
Syria 0 3 3
Mauritania 0 1 2
Malawi 0 3 2
Myanmar 0 6 3
Burundi 0 1 1
Yemen 0 2 0
Angola 0 2 1
Ethiopia 0 3 1

Full report of the 2017-2018 season burden and influenza illness and burden of influenza illness prevented by vaccination in the United States

Who is thwarting an intelligent Covid-19 response?

Are “experts” pushing one Covid-19 treatment over another?

How do drug companies avoid offering Americans lower prices?

Higher wages, more jobs not from Trump pro-business economy; instead credit goes to DOL for overtime exempt rule change

Business-beholden members of Congress are falsely boasting that their 2017 tax law has been responsible for less unemployment and slightly higher hourly wages.

They praise themselves and President Donald Trump for cutting corporate rates from 35% to 21%, eliminating most taxes on dividends and capital gains, doubling the exemption for inheritance tax, and dropping the tax for corporate foreign profits – laundered for years overseas – from 35% to 15%.

The most onerous claim is that because these tax cuts made rich people richer, the wealthy decided to hire more workers and give generous raises. It’s what they call: “trickle down economics.”

In practice none of this pollyana politics is true, logical or based upon any evidence, except the rantings of wealth-snobs who believe that even a little more – is too much – for the little people. Cake anyone?

The 2017 tax cuts for the upper class and their investments has led to record profits for Wall Street firms (some up 50% just this past year). Overall corporate wealth is burgeoning – indicated by our booming stock market. The more profits, the more valuable a business becomes, and the higher its stock price.

If the “trickle” had been used for workers, profits would have stabilized or dropped. Stock prices would have remained steady or slightly lower, as company valuations were not boosted with more tax cut induced dividends and reinvestment.

The real force behind more jobs, lower unemployment and higher wages is the U.S. Department of Labor (DOL) decision to increase the minimum overtime threshold salary for low-level managers from $455 to $684 a week – a $189 raise equaling $4.73 more an hour. Old rule was $23,660 annually. Under the new law it’s $33,280, an added $9,620.

This 50% pay hike went into effect on Jan. 1, 2020, and U.S. businesses have been adjusting for at least a year, changing employment levels to eliminate the new rules’ more expensive overtime remuneration, and raising wages and salaries to reflect this new pro-worker reality.

Trickle Theory Works Well for the “Smart” Folks!

Until this month you could claim someone was exempt from overtime if they exceeded $455 weekly ($11.38 an hour). As exempt employees, you might require them to work six days or seven days a week, 12 or more hours a day, and still only receive their $455. Someone working under them could be paid $10 an hour and earn more than them with just four hours overtime (40 x 10 + (1.5 x 4 x 10)).

The old rules even allowed you to pay a “manager” that $455, and require them to supervise hourly workers earning $20 an hour, $30, $50, the sky was the limit.

This law went into effect in 2004 when President George Bush and his GOP-controlled House and Senate changed the rules on how overtime exemption was calculated. That’s when the $455 limit was established and the dollar amount has not changed until now.

Consider that the $8,060 salary limit set in 1975 was the equivalent of $38,301 today — far above last year’s $23,660 threshold. Every year, more and more Americans have been working extra hours for free.

The new overtime rule is less than the President Barack Obama decision in 2014 to double the salary threshold to $47,000. In a subsequent legal dispute, a federal judge in Texas ruled the change invalid in 2017, claiming that the DOL “exceeded its authority.”

$15 Minimum Wage Affects Millions from Bottom Up!

Why the change from the DOL under the current Republican administration? Corporations are facing higher local minimum wages as the $15-an-hour movement spreads.

Anticipating a $15 level in most jurisdictions, the DOL cleverly sets the new overtime exemption minimum rate at $17 an hour. That requires the lowest wage worker to need six hours overtime to reach the same weekly pay as the manager.

How does this work in the real world?

Imagine that you have 20 hourly workers at $10 an hour, plus four working managers at $455 salary with each “boss” putting in ten hours a day, or 50 hours a week. Under the new rules the managers became employees, and are entitled to a group’s total of 40 hours overtime pay at 150% of the usual rate.  At this point it’s cheaper to hire an additional employee for 40 hours, instead of paying overtime’s (1.5 x 40) 60 hours additional wages.

On a national scale the result of adding employees, instead of paying overtime, is more jobs and a lower unemployment rate.

But some managers are obviously just that, and suppose they now earn $700 a week. Won’t they ask for and receive a raise by pointing out they are just earning only $16 a week more than the minimum pay of $684, when there used to be a gap of $245?

All Workers Should Be Fairly Valued!

Higher wages for managers means more money overall for middle class consumers.

If managers do see their wages jump 1.5 times their old rate, won’t the people working under them also demand an equivalent percentage? They may not get the whole amount, but they will most likely receive a substantial increase.

There are currently 120 million U.S. workers, and 50 million of them are overtime exempt employees.

But imagine if the 2017 minimum of $47,000 had not been shot down by U.S. District Judge Amos Mazzant, who claimed the salary level was set too high. The judge ignored that the DOL spent two years working on the rule and reviewed nearly 300,000 public comments before adopting it.

That change would have more than doubled the salary minimum and immensely improved the lives of tens of millions of families.

The new law also allows some categories of workers not subject to either the minimum wage or overtime exempt rules:

Exemptions from Both Minimum Wage and Overtime Pay:

  1. Executive, administrative, and professional employees (including teachers and academic administrative personnel in elementary and secondary schools), outside sales employees, and employees in certain computer-related occupations (as defined in DOL regulations)
  2. Employees of certain seasonal amusement or recreational establishments, employees of certain small newspapers, seamen employed on foreign vessels, employees engaged in fishing operations, and employees engaged in newspaper delivery
  3. Farm workers employed by anyone who used no more than 500 “man-days” of farm labor in any calendar quarter of the preceding calendar year
  4. Casual babysitters and persons employed as companions to the elderly or infirm

Exemptions from Overtime Pay Only:

  1. Certain commissioned employees of retail or service establishments; auto, truck, trailer, farm implement, boat, or aircraft sales-workers; or parts-clerks and mechanics servicing autos, trucks, or farm implements, who are employed by non-manufacturing establishments primarily engaged in selling these items to ultimate purchasers
  2. Employees of railroads and air carriers, taxi drivers, certain employees of motor carriers, seamen on American vessels, and local delivery employees paid on approved trip rate plans
  3. Announcers, news editors, and chief engineers of certain non-metropolitan broadcasting stations
  4. Domestic service workers living in the employer’s home
  5. Employees of motion picture theaters
  6. Farm workers

Partial Exemptions from Overtime Pay:

  1. Partial overtime pay exemptions apply to employees engaged in certain operations on agricultural commodities and to employees of certain bulk petroleum distributors
  2. Hospitals and residential care establishments may adopt, by agreement with their employees, a 14-day work period instead of the usual 7-day workweek if the employees are paid at least time and one-half their regular rates for hours worked over 8 in a day or 80 in a 14-day work period, whichever is the greater number of overtime hours
  3. Employees who lack a high school diploma, or who have not attained the educational level of the 8th grade, can be required to spend up to 10 hours in a workweek engaged in remedial reading or training in other basic skills without receiving time and one-half overtime pay for these hours. However, the employees must receive their normal wages for hours spent in such training and the training must not be job specific
  4. Public agency fire departments and police departments may establish a work period ranging from 7 to 28 days in which overtime need only be paid after a specified number of hours in each work period

Steele’s Trump/Russian Dossier published here was from photos taken by Buzzfeed during McCain’s aide bathroom break

Two years ago in April 2017, we published the full text of the Steele Russian Dossier – financed by Hillary Clinton supporters from the Democratic National Committee (DNC) in an effort to thwart Donald Trump’s trade, tariff, reduced military intervention, tariff and limited immigration policies.

The dossier was described in this blog as something from a spy novel. That opinion of subversion came from examining the Buzzfeed documents first released to the public and promoted later by CNN.

Examine the complete Steele/Trump Dossier here and view all its “spy” photos

Thanks to recently released reports, the rest of the story is revealed, and it does sound very much like an amateur spy novel.

Photo taken during “bathroom break”

Documents show that David Kramer, long-time advisor to late Senator John McCain (R-AZ), revealed that he met with two Obama administration officials to inquire about whether the anti-Trump dossier authored by former British spy, Christopher Steele, was being taken seriously. Kramer received his M.A. in Soviet Studies in 1988 at Harvard University.

To make that case, Kramer said that he personally provided a copy of the dossier to President Barack Obama’s National Security Council official Celeste Wallander.

In a deposition recently posted online, Kramer said that Senator McCain told him in early December 2016 to meet about the dossier with Wallander and Victoria_Nuland, a senior official in John Kerry’s State Department. Nuland’s husband is Robert Kagan, and she served as theprincipal deputy foreign policy adviser to Vice President Dick Cheney and then as the  U.S. ambassador to NATO.

David Kramer

Kramer said this was “his kind of due diligence before he went to (FBI) Director (James) Comey,” but he then testified that in his conversations with Nuland and Wallander he was told by both of them that each were aware of the dossier and that Nuland “thought Steele was a serious person.

“I had a subsequent conversation with Ms. Wallander in which I gave her a copy of the document. That was probably around New Year’s,” Kramer recalled..

“She had not seen it herself until I had shown it to her,” Kramer added. “She had heard about it. And she didn’t know the status of it.

In the same testimony, the McCain associate revealed that he held a meeting about the dossier with a reporter from BuzzFeed News, who he said snapped photos of the controversial document without Kramer’s permission when he left the room to go to the bathroom.

That meeting was held at the McCain Institute office in Washington, Kramer said.

Prior to his death, McCain recalled personally handing the dossier to then-FBI Director James Comey, but didn’t comment if he had a role in providing the dossier to BuzzFeed.

In his book, McCain said he had an “obligation” to pass the dossier charges against Trump to Comey and he would even do it again.

Anyone who doesn’t like it can go to hell, McCain said.

Bernstein, who reported Watergate break in

In a show of collusion Kramer also said that he briefed other reporters on the dossier contents, including CNN’s Carl Bernstein.

The same day BuzzFeed released the full dossier, CNN first reported the leaked information that the controversial contents of the dossier were shown during classified briefings. Those meetings included a session one week earlier for then-President Obama and President-elect Trump.

I think they felt a senior Republican was better to be the recipient of this rather than a Democrat because if it were a Democrat, I think that the view was that it would have been dismissed as a political attack, Kramer explained.

Kramer’s admissions reveal the role of the two Obama appointees, and McCain, in disseminating the dossier that was used in the FBI’s initial investigation into the Trump campaign, claiming Russian collusion.

FISA documents reference the Steele/Trump/Russian Dossier – same one we described as a fake “spy” novel in April 2017

The White House just decided to release unredacted FISA documents this week that would reference the so-called Russian Dossier, submitted by Christopher Steele, and its impact on the independent counsel investigation into foreign meddling and collusion with the 2016 Donald Trump election campaign.

What is the dossier? Is it real or a pack of lies? We published the unredacted version, along with complete text and photos in April, 2017. At that time we decided it was a fake.

Read the following from our archives and decide for yourself.

Someone was watching an old spy movie … when they created a “Russian Dossier” (RUDO) on then candidate President Donald Trump. Continue reading “FISA documents reference the Steele/Trump/Russian Dossier – same one we described as a fake “spy” novel in April 2017″

How does a 100% tariff only increase the real price of a pair of prescription $600 eyeglass by only $15?

What does President Donald Trump’s tariffs on $50 billion worth of imports from China actually mean, and how will this affect you?

The ministers of mainstream media have received their talking points from the same lobbyists who control Congress, and they are using scare tactics on the public.

“A 25% tariff on a product will raise the cost of needed goods by a third, hurting the American consumer,” one son of a billionairess announced.

“We will have shortages of needed goods,” a genius two years out of college lamented.

“There will be a trade war, like the one that caused the Great Depression,’ a fellow with a bad wig grumbled.

The last point first. The Great Depression and crash of the stock market was in 1929. The Hawley–Smoot Tariff act was passed in 1930. The Depression was the result of the greatest economic inequality in our history – until today. The Crash was not caused by tariffs enacted after the fact by the unfettered administration of GOP president (Herbert Hoover). Continue reading “How does a 100% tariff only increase the real price of a pair of prescription $600 eyeglass by only $15?”

Kochs win again as their boy, Marc, short-circuits Trump MAGA with an anti-populist spending bill

President Donald Trump must have been distracted, while rubbing his gold-plated putter, when the Cabinet and the West Wing top birds were being anointed, because only golf daydreaming easily explains:

  • H. R. McMaster, James Mattis, Rick Perry and Wilbur Ross – Bilderberg Group participants.
  • Gary Cohn, Dina Habib Powell and Steven Mnuchin – Goldman Sachs
  • Rex Tillerson – Exxon-Mobil
  • Kenneth I. Juster – Trilateral Commission

These officials are all establishment globalists, and Trump campaigned as a populist nationalist. Each appointee should be considered a slippery swamper, and because of that, some are now out of office or headed that way. Continue reading “Kochs win again as their boy, Marc, short-circuits Trump MAGA with an anti-populist spending bill”

Trickle, trickle, fools we are, to trust the rich, now flush with cash, will share with us their bounty

The inlaid walnut table in the corporate boardroom held 12 on either side and two or three at each end, and the execs were all perched, prepped to pounce, when I dragged in my 2001 budget – 1015 pages of spreadsheet and other sheet.

As division CEO of a NYSE-listed publishing company with nearly a billion dollars sales, my pitch was explain how I would increase sales, restrain costs and improve the value of the newspapers I published.

What could go wrong? In the past year sales were up, but more important, the bottom line jumped from about a $200,000 loss to an $860,000 profit before taxes.

Since most of my employees were salaried – meaning they worked long hours without overtime compensation – my proposed budget included a four percent average pay increase. That four percent, I was told, was a big mistake. Continue reading “Trickle, trickle, fools we are, to trust the rich, now flush with cash, will share with us their bounty”