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Chapter Twenty: THE LEGEND IN CUBA


The Jade Steps
Chapter Twenty: The Legend in Cuba

“Señor Aguilar!” Malinali shouted with a bright smile. She had spotted him sitting under a large ceiba tree at the edge of Tlaxcala’s market eating his mid-day meal. He returned her smile. “Doña Marina!” he called back. “Would you care to join me?”

She sat down next to him. “It seems so long since I saw you last,” she said.

“Yes – well, you learned Spanish so fast, while I have been slow at learning Nahuatl, that there was little need to help you translating for Captain Cortez,” came his reply. “What I really needed to do was learn to be a soldier again after being a Mayan slave for those long eight years. So I have been with the soldiers.”

“Would you like to learn Nahuatl?” she asked. “I can teach you.” Aguilar considered it for a moment, then answered, “I would like that – Nahuatl is very different from Mayan, but I should try. If I can find the time, that is, for a soldier is kept very busy.”

“You don’t look very busy to me,” came a nearby voice. “Bernal!” both Malinali and Aguilar exclaimed at the same time. “Do I understand that now Doña Marina is going to be your teacher instead of the other way around?” Bernal asked Aguilar with a grin. Aguilar shook his head. “I’m afraid so.”

They chatted happily for a while, then Malinali had a thought. “Bernal, I have a question for you.” Her eyes had a mischievous twinkle. “Why are Captain Cortez and Diego Velasquez – the governor, as you call him, of your island of Cuba – enemies?”

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CHINA’S COMING LOST DECADE


China is drafting plans for bond purchases to boost liquidity and shore up the country's $2.6 trillion edifice of local government debt, becoming last of the world's big economic powers to resort to quantitative easing.

The news propelled the Chinese stock market to a seven-year high yesterday (4/27), helped by fevered talk of a merger between Sinopec and PetroChina, the country's two oil giants..

The Shanghai Composite index of equities has risen by 40% this year and 125% since June, even as the economy grapples with a property slump.

Corporate profits fell 2.6% in the first quarter and swathes of industry are mired in recession. "The operational situation of industrial enterprises remains grave," said the National Bureau of Statistics.

Total debt has reached 250% of GDP, if all forms of trusts, shadow banking, and off-shore lending are included. "No country has ever survived that sort of rise without something bad happening," said Nariman Behravesh, global economist for IHS Global Insight.

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TO ELIMINATE TAX FRAUD, ELIMINATE THE IRS


There are decades of stories about corporations, movie actors, artists and politicians hiding money from the taxman. Many economic studies have shown that once tax rates exceed 20 percent, most people will start thinking about and then acting in legal or illegal ways to avoid the tax bill.

The reason there is so little remorse about tax avoidance and evasion is that virtually everyone knows that much of what government does is a ripoff. If people really believed that "government is underresourced" and spends its money wisely, they would not take legal charitable and other deductions when they file their income taxes.

The president's buddy, Al Sharpton, is welcome at the White House almost any time, even though the Internal Revenue Service reportedly claims he owes millions in unpaid taxes.  If Mr. Sharpton had robbed a supermarket of a mere $10,000, it is unlikely he would be welcome at the White House.
The message is obvious. The government even tells us that federal employees, including thousands at the IRS, owe billions in back taxes, yet little is done. At the same time IRS leaders have the unmitigated gall to demand larger budgets.

Every thinking person implicitly knows that the U.S. government is the world's biggest financial fraudster.  Here's what to do about it.

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THE PREDICTABLE RESPONSE TO MOSLEM SLAUGHTER IN PARIS


This morning (01/07), 12 people, including two policemen, have been murdered in Paris at the offices of French satirical magazine Charlie Hebdo by two hooded men wielding AK47s and shouting "Allahu akbar! We are avenging the honor of Prophet Mohammed!"

In 2011 the magazine was firebombed after running a caricature of Islam's founder. Charlie Hebdo's most recent tweet, before the latest attack, was a cartoon featuring the leader of Islamic State, Abu Bakr al-Baghdadi.

Here's what will happen next.

1. French authorities will urge the public not to jump to any unhelpful conclusions about the motivation of the killers.

2. Politicians, police chiefs and mainstream media reports will urge restraint over what is clearly an inexplicable rogue incident which may have nothing whatsoever to do with the Religion of Peace.

3. Extensive - and largely fruitless - efforts will be made to find Moslem community leaders prepared to speak out against the incident.

4. Liberal commentators will take pains to draw a distinction between Islamism and Islam, noting that the former is a malign perversion of the latter which, as any informed person knows, explicitly forbids the murder of innocents.

5...

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COMMENCEMENT 2014


[This commencement address was originally published in 2005. We rerun it at college graduation time. Feel quite free to send this to any recent college graduate you may know.]

Mr. Chancellor, Members of the Board of Regents, Members of the Faculty, Honored Graduates, Families and Friends:

It's funny that they call this ceremony a Commencement, for you've all reached the finish line:  college, goodbye, we're outta here.  Yet of course, "commencement" means a beginning, not an end.

But one is supposed to at least start - commence - a talk such as this by saying funny things.  So I'll start by talking about Clark Gable movies.  If you've heard of Clark Gable at all, you know he was the biggest movie star in Hollywood a long time ago.  His most famous movie was Gone With The Wind.

He made a movie in 1955 called The Tall Men with Jane Russell as his girlfriend and Robert Ryan as the heavy.  It's a pretty ordinary Western flick with outlaws and cowboys and Indians - and at the end, Ryan, the bad guy, and his henchmen get the drop on Gable, the good guy, and all seems lost. 

Suddenly, surprise, Gable outfoxes Ryan and triumphs.  Gable makes his exit, and after he does, Ryan delivers a line that I want you to never forget.

Serendipity is funny, a very funny thing, finding something where you least expect it.  Out of the blue, out of a movie awash with pedestrian dialogue, comes a line so profound it detonates inside your brain. Ryan turns to his men and says:

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THE BETRAYAL OF TRUST


Trust is at the same time a fundamental necessity and by-product of a free society. A free society requires trust to function, and there are incentives to act in trustworthy ways in a free society. Without trust our way of life would be impossible.

The breakdown of trust is the most troublesome effect of the continual growth and intrusion of our government into our businesses, our beliefs, and our personal lives.

There are always corrupt politicians and rotten people in government. And there is an acceptance of a certain degree of waste and abuse of power - it's just inevitable with government. But up until now, there has been a basic human trust that has been a part of America's moral fabric, that includes all people - even those in government.

Today we are losing it, and fast.  Is there any way to get it -- a government we can trust -- back?

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WHAT’S THE FED’S PLAN B FOR THE COMING FISCAL CATASTROPHE?


Perhaps the most troublesome question that investors and business decision makers confront today is, "When will significant inflation and interest rate increases show up?"

The next quarter, the next year, the next decade? Everyone fears these, but no one can predict exactly when they will appear. Investment is severely hampered by this uncertainty. The potential inflationary/interest rate pressures exist largely as a result of Fed's massive purchase of government bonds and mortgage-backed securities.

But much of this increase in money is locked up in the banks because the Fed now pays interest on the bank reserves held at the Fed (and therefore it is not lent or spent), because of increased regulatory restrictions that discourage banks from making loans to small businesses and consumers, and because of the lack of demand for new loans. In addition, many individuals and businesses are holding unusually high sums to weather regulatory and economic uncertainties.

Yet, there are many factors that could trigger inflationary/interest rate increases that are largely out of the Fed's ability to forecast and control.

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EXPLORING THE LAND WITHOUT FAMINE: JUNE 11-18


Last month, in Food Crisis and Opportunity,  we talked about the coming global crisis in food production.  Next month as promised, I, along with my wife Rebel, Alex Alexiev, and Joel Wade, are going lead 20 TTPers to Bulgaria to learn how to profit from the crisis.

I fell in love with Bulgaria when I was first there as the Soviet empire was collapsing in early 1990. 

There's thousands of years of history - Bronze Age tribes, the Ancient Greeks, the Romans, medieval Christian kingdoms, hidden monasteries protecting Christianity from centuries of Moslem oppression by the Ottoman Turks, finally gaining independence in 1908 only to lose it to the Soviet Union during World War II, and now free at last.

And all through this, Bulgarians forged and kept a Christian culture and heritage.  People come from all over the world to visit the extraordinary monasteries such as Rila or Ivanovo (World Heritage Sites, we'll visit both) the Bulgarians built to preserve their culture from Moslem imperialism.

Even more visitors - hordes in the height of the summer - come to vacation on the gorgeous beaches of Bulgaria's Black Sea coast.  In the winter, skiers flock to ski resorts high in the Balkan mountains.

It's a country of such profusion of flowers everywhere there's an entire valley called the Valley of Roses.  You couldn't ask for a more hospitable warm-hearted people - or ask for a better way to be shown hospitality, for Bulgarians really know how to make good wine and are more than happy to share a glass with you at every opportunity.

And speaking of opportunity... Bulgaria is so fertile it's known as The Land Without Famine, and the agricultural opportunities are truly extraordinary.  That's what we'll be focusing on - while taking time for adventure, exploration and fun.  Here's the itinerary:

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THE GIFT OF OBAMA – TO REPUBLICANS


Rupert Murdoch is one of the world's savviest businessmen - but his prediction today (5/29) that Obambi will defeat McCain next November in a landslide is straightforward idiocy.

Someone could make an intelligible argument that he could come out on top in a close contest - but a landslide?  That's nuts.  For the odds are far, far greater that it will be the other way around.  McCain is going to wipe the electoral floor with Obambi.

Obambi is going to be torched by white women, Reagan Democrats, Hillary supporters, and most everybody else except blacks, academics, college kids being taught by the academics, and urban-elitist liberals whose brains have been similarly damaged by the academics.  He'll carry Oregon, Massachusetts, Rhode Island, Vermont, and maybe New York - maybe.  Not a lot more.  Not even California.

Murdoch would have been on much firmer ground predicting a Dem landslide in the House and Senate - but that wouldn't be news, for that's the universally accepted wisdom.  Predictions are ubiquitous that the Pubs are going to lose 10 to 20 House seats and 4 to 6 Senate seats at a minimum.  It could be much worse, a lot worse.

So much worse that the Dems will gain a filibuster-proof majority of 60+ seats in the Senate, preventing the passage of any decent McCain legislation or the confirmation of any decent McCain judicial appointment.

How ironic, then, that the hero who can save the day and rescue the helpless Pubbies from certain disaster is... the Dems' very own champion, Hussein Obambi.

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Chapter Eighteen: THE TALE OF TACLAELEL


The Jade Steps
Chapter Eighteen: The Tale of Taclaelel

They arose the next morning at dawn. Cortez ordered a small altar be put up in the plaza, where the padres performed a Mass for the Spaniards. He returned to his quarters to find King Xicotencatl and a very dignified elderly man, at least as old as the king.

“Malinche,” the king said through Malinali, “this is Chief Maxixcatzin (max-eeks-cot-zin, Ring of Cotton), lord of our region of Ocotelolco, and the military leader of all Tlaxcala who has protected us from the Mesheeka for many years.”

Malinali’s eyes widened at the introduction, and took it upon herself to expand Cortez’s brief greeting of welcome.


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THE NEW CONSERVATIVE COUNTER-CULTURE


I'd like to give all TTPers - both those who will be attending the Vegas Rendezvous this weekend and those unable to do so - an intro to what I'll be talking about.

First, though, I need to get something off of my chest. I have become very, very tired of reading standard conservative media. Frankly, the gelded whining gets to me. Detailed arguments aplenty, explaining why the latest Leftist power-grab or exploitation is wrong. Or why their latest hate speech is unfair.

So. What.

Newsflash: the other side doesn't care. They've made it crystal clear that power is the only goal, that they enjoy using power to enrich themselves and hurt others, and that there are no limits of law or decency that restrain them. If you're looking to standard conservative media for hope or change, I recommend Prozac as a mandatory Plan B.  

Economics? Once, this was their spearhead. Now? They'd need a high-power telescope to see even Zero Hedge ahead of them; meanwhile, the global economic order makes ticking sounds.

Popular culture? Never a strength - and now it's the main front of the Left. External enemies? This, they still get. But not the internal ones, who are statistically much more likely to murder you (yes, Virginia, liberals are more lethal than terrorists).

Like so much of the conservative movement, they keep trying to approach the 21st century with the worldview and infrastructure of 1980. Not. Working. The cold hard truth is that liberty's future is arising without them - and may not need them.

What's needed are the bright spots of the new conservative counter-culture.  Here they are...

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EXPOSING WHO CAUSED THE GREAT RECESSION HAS THE PERPS HOPPING MAD


What do you think was the primary cause of the Great Recession -- too little government regulation ,or dictates by the government to banks and other mortgage lenders, requiring them to lend to the unqualified?

Peter J. Wallison, former general counsel of the U.S. Treasury Department and White House counsel to President Reagan, who was also a member of the congressionally authorized Financial Crisis Inquiry Commission, has just published a book, "Hidden in Plain Sight," in which he clearly documents what caused the financial crisis and why it is likely to happen again.

For this act of detailed scholarship and truth-telling, he has come under fierce attack by many of those who were, in part, responsible for the crisis.  Mr. Wallison is a problem for the political class, much like the boy who said the emperor had no clothes. He cannot be dismissed as a know-nothing lightweight.

So his character must be impugned since the facts are on his side.  The Great Recession was a crime, and its perps do not like being exposed.

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DEMOCRATS ARE COP KILLERS


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Al Sharpton is not just an MSNBC talk show host. He isn't a goofy fellow who mispronounces things on the teleprompter. He isn't these things just as he wasn't a funny fat man in a track suit wearing a gold medallion the size of the Bronx around his neck.

Those are the things that make him seem like a joke. And he isn't a joke. He leads lynch mobs.

In 1991, Sharpton led an anti-Semitic lynch mob through Crown Heights and black racist violence tore the neighborhood apart and took lives. He led a lynch mob to a store in Harlem and the store burned with employees inside.

Since then Sharpton slimmed down and swapped out colorful track suits for expensive custom made Soho pinstripe suits. He became a regular visitor to the White House and City Hall. He spoke at the Democrat National Convention and got a slot on that party's favorite news network.

Two cops are dead in New York City because Barack Obama, Bill de Blasio and the Democrat Party embraced Sharpton and everything he stood for. They embraced his racist ideology of hate.  They made their party into the party of crime.

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HOW TO PROPERLY TORTURE A TERRORIST


The treasonous release of the Democrats' "Senate Torture Report" this week (12/09) is definitive proof that they lack any patriotism or even basic decency whatever.  If they had any integrity - of which they don't have a picogram - they'd change their name to the HateAmerica Party.

Like most normal Americans, I couldn't care less how a Moslem terrorist is interrogated, other than what he knows about terrorist attacks on Americans be extracted from him as efficiently and dependably as possible.  The monsters of Al Qaeda and ISIS et al have divested themselves of any claim to human rights.

The only practical argument against torturing terrorists is that it's so undependable: the guy will say anything to stop the torture. Often, a dramatic presentation of the threat of torture works better. Take the Israeli way:

When a Palestinian terrorist is captured, how many Israeli lives can be saved depends on how quickly Shin Bet (Israeli Security) agents can make him squeal. They strip him naked and sit him in a chair with his legs forced apart. They bring in a large Doberman pincher whose muzzle is placed inches from his genitals. They explain:

"This is Herman. Herman is a very unusual dog. Herman can smell when someone is lying. When someone lies, it gets Herman very mad. And when Herman gets mad, he bites - really hard. So we suggest you tell us the truth."

Works like a charm.  At least in many cases.  In those that don't, the consequences are really gross and the Palestinian is rendered useless in the needed time-frame.  A more reliable method is required.  Here are three. Buckle your seat belt.

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PUTIN HUILO!


Here is where it started - last April 16 with 100,000 Ukrainians at the NSC Olimpiyskiy stadium in Kiev happily, gloriously, chanting over and over POO-TEEN WEE-LOW

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It was a soccer match between two bitter rivals, Dynamo Kiev and Shakhtar Donetsk.  What's more, the fans of the former are ethnic Ukrainians while those of the latter ethnic Russians, as Donetsk is the regional capital of predominantly Russian-speaking eastern Ukraine. 

Yet, after Putin's military seizure of Crimea a month earlier (March), here they all are unified by their desire for their country to be free, shouting their mutual contempt of the man who would destroy it.

Putin Huilo! has now become the global hit song of the year, sung by people all over the world.   Families in their homes, couples at their wedding, Belgian fans at the World Cup in Brazil beating Russia, on and on.

So what is the world singing about Putin?  What does "Putin Huilo" - (the same word in Ukrainian and Russian, хуйло́ is also transliterated as "khuilo," "khylo," or "hylo," and is pronounced wee-low) mean?

Yep, you guessed it - the world is laughing at Putin and calling him a......

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