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HALF-FULL REPORT 12/30/16

Happy New Year!  We say good bye to 2016 in this last HFR of the year.  And what more fun way to say da svidanya than to watch Zero close out his presidency becoming an object of ridicule by the Russian government?

This morning (12/30), the Russian Embassy in London sent out this Tweet:

lame-duck-tweet
That was followed by the spokeswoman of the Russian Foreign Ministry, Maria Zakharova, publicly mock Zero as a “loser, angry and shallow-brained.”  With the inauguration of President Trump in three short weeks, “the curtain falls, the bad performance is over.”

If that prospect doesn’t cause you to raise glass of champagne tomorrow night in celebration, then nothing will.

There are big silver linings to Zero’s perfidy over Israel and his midnight deluge of stupid rules.  We learn from a multi-billionaire who John Galt is. 

There’s the coolest news of the week.  It involves the term disintermediation and a guy named Sean Spicer.  You’re going to stand up and cheer over this.  The laugh your head off at the New York Times’ reaction.

Here we go with the end-of-2016 HFR…

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WHAT TO READ 2016

Happy what-to-readNew Year! And welcome to the fifth annual TTP What to Read.

We initiated this tradition with a list of the books I read and recommended in 2012, the first What to Read. That was followed a year later with What to Read 2013, then What to Read 2014, and What to Read 2015 a year ago.

Each of the links below are to the Kindle edition on Amazon, containing multiple comments and quotes.  I read all of these on my iPad.

I kept the list not to all the books I read this year, but to a baker’s dozen of those I thought would be of real interest to TTPers. There are several I think it quite important for you to consider.

I’m sure you’ll find at least one or two fascinating either for yourself or someone you care for. Or a regressive libtard you want to educate and/or infuriate.

And, please let us know on the Forum what books rang your bell this year. Here we go.

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OBAMA’S EVIL BREW TO POISON ISRAEL

obamas-evil-brewThe UN Security Council vote last Friday (12/23) condemning Israel was not about “settlements.”  It was an Arab subterfuge, a trap into which the United States, the UK, New Zealand and other naïve or cynical diplomats took an active role.

It was all smoke and mirrors, a con trick holding up the settlement issue to dazzle the voters while the real intent was to disown Israel of territories to which they have genuine claim and turn them into “illegally occupied Palestinian territory.”

For certain, President Obama latched on to the idea. It was pay-back time, a golden opportunity not to be missed to hit back at Bibi before handing in the keys to the White House. For shame!

Now we know that he was cooking up this evil brew back in November.

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JANUARY 20 RINGS THE DEATH KNELL OF THE GREEN BLOB

slimer“I’ve waited 40 years for this moment.”

In a congressional meeting room, somewhere on Capitol Hill, one of the world’s leading skeptical climate scientists, Dr. Tim Ball, is toasting the advent of the Trump administration.

“I don’t want to use the phrase tipping point because that’s a phrase that has been abused in the scientific area. But I think we’re on the verge of a dramatic shift,” Ball tells the small invited audience of journalists, scientists, think-tankers, lawyers and DC politicos. He’s talking about the war on the Green Blob.

Most of them are scarred veterans of the decades-long battle to expose the man-made global warming scare as what another speaker, Tony Heller, describes as “the biggest scientific deception in history.” Many have suffered personally and professionally for speaking out against the so-called “consensus.”

But with Trump’s inauguration it will be the beginning of the end for the Green Blob—that sinister cabal of corrupt politicians, UN and EU technocrats, bent scientists, shrill activists, rent-seeking corporatists, blood-sucking lawyers and gullible journalists which has held the world to ransom these last four decades by promoting the man-made climate change scare story and other, related environmental scams.

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TRUMP AND THE THUCYDIDES TRAP

Donald Trump's assault on trade is escalating. First the foes were China and Mexico. Now it is the world.

thucydidesThe Trump transition team is now mooting an import tariff of 10% across the board, doubling down on earlier talk of a 5% duty. This is a sobering demarche. Such thinking is of a different character to Mr. Trump's campaign rhetoric, which mostly hinted at trade sanctions to force concessions.

A catch-all tariff is a change of belief systems. It overthrows the free trade order that has been upheld and policed by Washington since the 1940s.

Markets are still behaving as if they will get the "good Trump" (tax cuts and fiscal stimulus) rather than the "bad Trump" (trade wars), despite mounting evidence to the contrary.

In fairness to the Trump camp, we should not be beguiled too easily by free trade pieties, or fall for the canard that the Smoot-Hawley Tariff Act of 1930 caused the Great Depression. It could not possibly have done the damage so often claimed.

Nonetheless, it may be that Mr. Trump and his coterie in Washington are walking straight into the "Thucydides Trap" in their handling of China.

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ABOLISH THE DEPARTMENT OF ENERGY

Secretary of Energy-designate Rick Perry
Secretary of Energy-designate Rick Perry

When former Texas governor Rick Perry ran for president in 2012, he promised he'd abolish the U.S. Department of Energy (at least when he could remember it). Liberals wrote this off as typical conservative stupidity.

Why would anyone want to abolish the DOE? According to one liberal commentator, it was because the department "was established during Jimmy Carter's administration and it perhaps sounds like it might have something to do with solar panels."

Jimmy Carter created it, all right, but solar panels were only a symptom of the real problem. The DOE was conceived in dark and pessimistic beliefs and forecasts that have proven totally wrong. As Obama might say, the DOE is on the wrong side of history.

Thanks to the DOE, we've endured wasteful, panicked policies such as massive subsidies for the wind and solar power, and electric cars.  Worst of all, Congress has saddled consumers with ethanol subsidies and mandates.

These boondoggles cost us billions of dollars, and none of them are commercially viable in their own right.  The DOE isn’t viable either.  It’s time to get rid of it.

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HOW 2017 CAN BE A YEAR OF MORE PROSPERITY AND MORE LIBERTY

2017-goalsThe good news for 2017 is we can have 4 percent or higher real economic growth per year over the next few years — and here is how.

Some of the critics of President-elect Trump have insisted that the approximately two-percent annual average GDP growth the U.S. has experienced over the last seven years is the “new normal,” and we just need to get used to it.

It has led to stagnant incomes and tens of millions of involuntarily unemployed or underemployed workers. The present slow-growth path is also unsustainable, with ever-rising debt levels of a share of GDP which will eventually lead to a financial collapse.

Most people, including many economists, cannot imagine the huge gains in productivity that can arise from an increase in incentives and unseen innovations.

Fortunately, getting America back on the high-growth track only involves things that we know how to do and have done at times in the last four decades. Specifically:

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THE FIRST DAY OF CHRISTMAS IS TODAY

partridge-in-a-pear-treeI hope you had the Merriest of Christmases yesterday, Sunday December 25, but according to the song, the First Day of Christmas is the day after Christmas, December 26.  That’s today.

Ancient Christians celebrated Christmas starting with the day after the birth of Jesus and ending on January 6th with the visit of the Magi in Matthew 2:11 known as the Epiphany.

Start with 12/26 and end with 1/6 and you get: the Twelve Days of Christmas.

No doubt you’re really tired of hearing Christmas songs by now, including this one, yet you may still be wondering what the heck partridges in a pear tree and eight maids a-milking have to do with the birth of the founder of Christianity.

So I thought it might be entertaining, as we recover from all the festivities, to take a look at the song’s origin, meaning, and myth.

First published in London in 1790, it was a "memory and forfeits" game played by children in the form of a song, where the leader recites a verse, each player in turn repeats it, the leader keeps adding verses until a player’s memory fails him/her and has to forfeit a piece of candy.

Even though The Twelve Days of Christmas was a kids’ song-game, it nonetheless had a deep religious meaning. Unlike the PC Happy Holidays of today, centuries ago Christmas was above all a religious celebration. All of the song’s twelve gifts are Christian symbols.

On the first day of Christmas, my true love gave to me

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HALF-FULL REPORT 12/23/16

trump-xmas-msgMerry Christmas!  The days of “Happy Holidays” are over, as is the whole multi-culti libtard diversity Orwellian con game.  America is having a Merry Christmas – and if the hopeless losers of November 8 can’t, it’s not possible for us to be less concerned.

The picture and its message you see above is funny, right?  Actually, it’s much more than that. 

Recall the days of yesteryear, when in 2008 it was absurdly ridiculous for Americans to consider electing a president with absolutely no qualifications whatever, so hardline Leftist he approved his Communist preacher praying for God to damn America, so mysterious he didn’t even have a valid birth certificate, simply because of the color of his skin.

Yet he was elected anyway as no criticism mattered, if you dared criticize him you were a racist.  Once in the Oval Office, he initiated the most scandal-ridden presidency in US history – and none of that mattered as well.  He proceeded to “fundamentally transform” our country straight into a cultural cesspool.  Any objection to him and his policies was proof you were a racist bigoted homophobe, something irredeemably deplorable.

Big time Bad Karma.  Which brings us to something called the Overton Window.  A seismic shift is happening more important than a mere election.  Read on – this HFR will give you a revelatory perspective on the world.

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A SUDDEN OPPORTUNITY IN EGYPT

Sarcophagus of King Tut.  Photo by Jack Wheeler
Sarcophagus of King Tut. Photo by Jack Wheeler

This is sudden, as an extraordinary opportunity has just emerged.

The world’s most courageous leader today is Egyptian President Abdel Fattah al-Sisi.  Egypt, the largest and most important Arab country, had been taken over by the Islamofascists of the Moslem Brotherhood, Iqwan Muslimi.  Obama was on their side and supporting them.

Al-Sisi, as commanding general of the Egyptian military, had the incredible cojones to stand up to both Zero and Iqwan, and swept them aside.  He was then elected president in the first actually free and fair election Egypt has ever had in its 5,000-year history.

A dear friend of mine has over the years developed a close personal friendship with Sisi, ever since he was a lowly colonel.  That friend is a United States Congressman who, in early January is leading a CODEL (Congressional Delegation) to Cairo to meet President Sisi in the Heliopolis Presidential Palace.

He has asked me to lead a parallel delegation from the Freedom Research Foundation, which I founded in 1984, composed of people interested in exploring the extraordinary business opportunities President Sisi is supporting in Egypt today.

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MY FIVE DAYS WITH REX TILLERSON

rex-tillersonNine years ago, I showed up to the Denton County Courthouse in Denton, Texas for jury duty and got myself picked for the job. A young girl had accused her mom’s boyfriend of sexual assault and the case was being brought to trial.

If you’ve ever served on a jury trial before, you understand the almost immediate, yet very temporary bond that ties 12 strangers together who are randomly chosen from each of their private lives in order to fulfill a very solemn public purpose.

One of our first tasks was to choose our jury foreman. Perhaps it was his business suit, his impressive stature, or his charisma, but almost everyone in that jury room suggested that this middle-aged man with greying hair was likely the most fit for the task.

“Thanks, but I decline. I’m not interested in the spotlight,” he told us. I didn’t think anything of it.

I had just bought my first BlackBerry and used my breaks to catch up on all the emails I was missing from my week at the courthouse. I recall leaving the jury room on a break with this man and remarking how busy I was and how much work I had to do. He smiled as he sat and read the paper.

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IS THE DEMOCRAT PARTY IN ITS DEATH THROES?

seal-of-dem-partySo this is how it ends — in a whimper wrapped in self-pity and recriminations.

With President Obama on the defensive at his final press conference, Hillary Clinton’s last campaign event resembling a wake, and Electoral College protests ending in total failure and farce, the Democrat Party is limping off the stage and into the political winter.

It was supposed to sit atop the national power pyramid for decades, a new paradigm of liberals, progressives, the young, the old, the unions and blacks, Latinos, Muslims and Asians.

The torch would be passed from Obama to Clinton, a liberal Supreme Court would vastly expand executive power and the regulatory state would enforce climate-change orthodoxy on all industry and elitist dictates on every American. Globalism would be the new patriotism.

But a funny thing happened on the way to one-party dominance: The people who work for a living said no, hell no. Their revolt brings Donald Trump to the White House amid hopes of a revival of the economy and of the American spirit.

Thoroughly beaten, the Dems are at their lowest point in nearly a century. From the White House to Congress to statehouses, they are on the outside looking in.  Are we witnessing their death throes as an organized political party?

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THE COLLAPSE OF THE EU EMPIRE

abandon-shipThe Italian referendum and close-shave Austrian election are symptoms of a continent that may be teetering on the brink of political disintegration.

It’s just possible that an empire may be collapsing before our eyes, as the Habsburg and Ottoman empires did before it, in or around the same neighborhood.

With the rise of nationalist parties in Italy, Austria, Hungary, Poland, the Netherlands, France, Germany and Britain, the possibility that the Brussels union has fomented, rather than suppressed, nationalism can no longer be dismissed.  The European Union may be encouraging precisely what it was founded to avert.

Against this background, it is worth recalling that the leading theory among economic historians for why Europe after 1400 became the wealthiest and most innovative continent is political fragmentation.

Precisely because it was not unified, Europe became a laboratory for different ways of governing, enabling the discovery of regimes that allowed free markets and invention to flourish, first in northern Italy and some parts of Germany, then the low countries, then Britain.

By contrast, China’s unity under one ruler prevented such experimentation.  Just what the mandarins of the EU are doing now.

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