Economy

But not letting someone earn $1,000 to survive is even more obscene

The Guardian remains true to form as ever – clueless about reality.

The author of this piece, Richard Denniss, forgets that the reason mice die in mousetraps is they fail to understand why the cheese is free.

An extra $1m may not be much to a billionaire but $1,000 to someone who can’t survive without it is way more obscene. And governments that imposed draconian laws on people who could least afford it based on junk science and activist health experts drunk on power, are even more out of line.

There is a precious irony in Denniss’ attack on the billionaires. If he took note of who the biggest mutual beneficiaries of lockdowns were, he would see that many of those same billionaires made the extra millions by hopping into bed with left leaning parties who openly supported the destruction of small businesses executed under the guise of compassion.

Still, it is easier for him to blame conservatives than admit that the ultimate impact lockdowns had on human lives by way of suicide, poverty and unemployment came from policies heavily promoted by the left.

Banks & Insurers lecture customers on morals

Baseball legend Curt Schilling has claimed that insurance company, AIG, has cancelled his policy over tweets he made about the recent events on the Capitol.

Schilling stated he had a AAA rating and no claims for 17 years.

Aren’t insurance companies supposed to assess risk? Did Schilling have a major endorsement contract with AIG? If so, we’d understand. If not, isn’t he an anonymous customer among millions?

What relevance does an insurance policy have to do with a customer expressing first amendment rights? Has AIG gone through the Twitter accounts of all of its policy holders to check they have not said anything similar to Schilling? If not, would be highly discriminatory, no? Should he sue?

Wasn’t AIG found guilty of entering into sham transactions in order to inflate the reserves and to conceal losses in 2005? Didn’t Schilling, a taxpayer, indirectly bail out AIG post the GFC?

Deutsche Bank has also moved to end its association with Donald Trump. Ironic, that a bank which has been fined repeatedly for unethical behavior such as money laundering thinks it has an opportunity to save its skin by signaling it has repented. Will a flood of customers open accounts as a sign of appreciation? Probably not.

Fascinating that – bank worth 8% of its peak value, is lecturing customers about morals when it has a self-documented history of being a bank for the Third Reich, including the provision of funds to build the Auschwitz extermination camp.

Since when did corporates self-appoint themselves as moral arbiters of their customers individual constitutionally enshrined liberties? Will customer social media profiles now form part of the loan application documents? “Sorry sir, your credit rating is outstanding but the application has been rejected for something you posted when 13 years old.” Got it?

More corporate cowardice masquerading as courage. This is nothing more than companies showing they are going out of their way to make public sacrifices on the altar of the Marxist fringe mobs in the hope they become the last to be cancelled. What a joke.

We never thought it imaginable but today, corporate PR departments have less spine than internal compliance officers.

Amazon said Parler move was in good faith

https://fb.watch/2ZUoqh2Yfy/

Amazon said its move to ditch Parler from its AWS platform was done in good faith. So much good faith that it decided with the best intentions to leak the letter to left-wing media site, Buzzfeed, before sending it to the intended recipient, Parler.

Impeccable ethics and corporate integrity right there. Who doesn’t leak important legal documents before sending to the addressee?

Just like clockwork, Cuomo thinks costs of lockdown too high

Just like clockwork, Democrats, like NY Gov Andrew Cuomo, have finally seen the light that the cost of lockdowns is too high. That the cure is way more costly than virus.

Now that Biden is assured to take his seat in the Oval Office, let’s see how quickly corona leaves the front pages of the mainstream media as deaths plummet (probably by virtue of a tweak in the manner of recording by the CDC). His administration will get a big fat tick of approval and don’t be surprised to see a plethora of puff pieces which show the rebound in economic activity among Democrat-controlled states thanks to President Biden’s superior stewardship. Who knew!?

Never mind that the left targeted Republican-controlled states which saw the necessity of keeping people employed and rarely told businesses whether they were essential or not. Never mind that Republican-controlled states tended to have lower relative and absolute COVID19 death tolls despite not locking down.

Perhaps Cuomo chips will be a thing of the past and he will finally be able to lure all those rich folk that make up 50% of the tax base back from Connecticut. Best he start working on his culinary skills and making sure he buys the well heeled those drinks he promised to buy with the taxes they previously paid.

Maybe Cuomo should seek to get Hollywood actors to chip in? After all they bent over backwards to make public videos to celebrate his cringeworthy Emmy award.

However will the United Van Lines survey which showed most people left Democrat-controlled states in 2020 to Republican-controlled ones.

Whites need not apply?

Yet more of the Biden agenda to unite all of America. Instead of helping all those who run small businesses based on the level of individual economic hardship, race and gender will be the new determinants.

So in short, if you’re an a relatively unaffected minority run-business you will be favored for support over an on death’s door multi-generational white business.

Which boxes will ensure the maximum subsidies? Is it best to be an illegal immigrant who is also a coloured LGBT woman of Islamic faith with a disability?

Welcome to the world of identity policy. Imagine if the Democrats hadn’t so feverishly supported the BLM riots which ended up destroying so many minority owned businesses that such a policy wasn’t required to be drafted in the way that it has.

Liberal logic. Stop systemic/institutional racism by setting up structures that guarantee it thrives.

United Van Lines publishes net migration between states in 2020

Net Migration by State in 2020

America’s largest removal company, United Van Lines, released its 44th Annual National Migration Study, revealing in 2020, Americans continued to move westbound and southbound.

This year’s survey results indicated 40% of Americans who moved did so for a new job or job transfer (down from prior years), and more than one in four (27%) moved to be closer to family (which is significantly up over prior years).

Data from March to October 2020 also revealed the COVID-19 pandemic influenced Americans’ decisions to move. For customers who cited COVID-19 as an influence on their move in 2020, the top reasons associated with COVID-19 were concerns for personal and family health and wellbeing (60%); desires to be closer to family (59%); 57% moved due to changes in employment status or work arrangement (including the ability to work remotely); and 53% desired a lifestyle change or improvement of quality of life.

COVID Death Rates by State per 100,000 residents

8 of the 12 states with the highest COVID death rates per 100,000 are Democrat-run. Conversely 7 of the smallest rates were also Democrat-controlled. Note this is not sheer numbers. So even South Dakota (R) which has had no lockdowns and a 171/100,000 death rate due to COVID, ranked 4th in net migration.

United classifies states as “high inbound” if 55% or more of the moves are going into a state. 11 of 17 states that fell into that category were Republican-controlled.

In states where at least 250 total moves were made, Republican-controlled states accounted for 10 of the top 12 inbound destinations. Democrat-controlled states accounted for 7 out of 12 in the net outbound category.

Florida (R) took in the most new inbound moves with a net 2,354. North Carolina (D) +1,370, Arizona (R) +1,071, Texas (R) +1,053 and South Carolina (R) +900.

California (D) the worst with -2,888 (net outbound), followed by Illinois (D) -1,898, New Jersey (D) -1,377 and New York (D) -993.

In gross figures, Republican-held states captured net 6,117 inbound moves with Democrat-controlled states seeing net 5,688 inbound moves in 2020.

What will 2021 bring?

NY legislator’s loony plans to detain people for 2 months if they pose health risk

MRCTV’s Britt Hughes discusses NY’s latest plans to forcibly detain people for 2 months without a court order on suspicion of contracting or having come in contact with anyone inflected with COVID or another deadly/infectious disease.

When will people start pushing back on this nonsense?

Then again NY is no stranger to out of touch officials when it comes to handling COVID.

Three things spring to mind.

1) NY Gov Andrew Cuomo accepted the International Emmy Founders Award for his COVID19 response. Woke celebrities then lavished him with praise in a completely out of touch cringe fest.

The International Emmy Awards tweeted,

Gov Andrew M Cuomo of NY will receive the International Emmy Founders Award in recognition of his leadership during the Covid19 pandemic & his masterful use of TV to inform & calm people around the world.

How telling that the Emmy’s focused on delivery as opposed to results.

How ironic that Cuomo not only laid claim to the most disastrous COVID19 stats of any state but mandated COVID positive patients into nursing homes which directly led to the deaths of 6,000 elderly residents. Don’t tell anyone they conducted their own ‘independent audit’ and found the government not at fault. Who knew?

2) NY Health Commissioner Oxiris Barbot openly welcomed BLM protests despite the lockdowns. Mark D Levine, Chairman, NYC Council health committee, went more woke stating, “Let’s be clear about something: if there is a spike in coronavirus cases in the next two weeks, don’t blame the protesters. Blame racism, 

3) or NYC Mayor Bill DeBlasio’s wife doing a cringeworthy ‘stay at home’ unity dance despite NY businesses getting destroyed.

Making hay while the rain falls?

We were surprised to see Dymocks bookstore put former Australian Climate Change Commissioner Tim Flannery’s latest book in the science section.

Amazon’s review notes, “Tim Flannery takes aim at those responsible for the campaign of obfuscation and denial that has already cost so many Australian lives and held back action on climate change.” Really?

Exactly how many lives has climate change claimed in Australia? The Australian Bureau of Statistics record the accumulated deaths from ‘Environmental-pollution-related-condition (Y97)‘ over the last decade at ZERO!!!!  Strange that climate related deaths have plunged over 80% in the last 4 decades. 

Many of Flannery’s climate predictions have also failed to eventuate.

In 2007, Flannery said, “So even the rain that falls isn’t actually going to fill our dams and our river systems…” Today, Sydney’s main water supply at Warragamba Dam is currently at 97.8% capacity.

In 2015, he claimed that “Sadly we’re more likely to see them [cyclones] more frequently in the future” when referring to a cyclone that hit Vanuatu. Global data shows no such trends. The UNIPCC’s extreme weather report updated in 2018 stated on page 8, “There is low confidence in any observed long-term (i.e., 40 years or more) increases in tropical cyclone activity (i.e., intensity, frequency, duration), after accounting for past changes in observing capabilities.”

We thought the nonsense peddled on the bushfires by The Climate Council, which Flannery chairs, spoke volumes. Our data concluded that one of its authors, who led the former fire chiefs’ crusade to blame the devastating bushfires on climate change, didn’t mention the topic when he ran one of the fire services. That is to say it that the severity of climate change to bushfire activity in these Magnus opera were conspicuous by their absence.

We think the upcoming 2020 annual reports from fire services across Australia will be dripping in climate change related topics which will only end up highlighting how it has become nothing more than a CYA convenient excuse to mask years of poor fire management.  Take this example of the commitment to mitigating the inherent risks of busfires in the 2018/19 FRNSW Annual Report:

“Where practicable, FRNSW crews were encouraged to turn off all non-essential lights on 30 March 2019 from 8:30pm until 9:30pm, joining millions of people worldwide in showing their commitment to tackling climate change and inspiring all generations to support environmental initiatives and sustainable climate policy.”

A study of how fire service budgets were allocated in recent years further highlights the alarming problem behind the bureaucratic mismanagement. 

What has become even less surprising than the lack of science peddled before us surrounding COVID-19 in recent months, is the convenient segue of supposed conventional wisdom – The Great Reset – pointing back to the fantastic opportunity to push the climate change agenda to solve for poverty, racial inequity and all other economic ills. After all, US Treasury Secretary-elect Janet Yellen has assured us her department will take care of it. Who knew?

Apart from climate change having zero correlation to COVID-19, despite Prince Harry ‘s best efforts to conflate the link, Tim Flannery has seen a great opportunity to make a quid off the theme. No harm in making hay while the rain pours. 

Still we question why so many climate alarmists believe that replacing fossil fuels with renewables will solve for saving the planet and put an end to poverty?

We are not sure how that works?

When one of the leading renewables-driven developed nations, Germany, has such high levels of energy poverty, how can this be?  In 2019, 4.75 million households received warnings that their electricity would be shut off (289,000 actually got disconnected), according to the German Federal Networks Agency (Bundesnetzagentur). All this because of a doubling of energy prices (despite studies that predicted a fall at the time of policy conception) which are a direct result of disastrous green energy diktats which started two decades ago.

The flip side is India, a developing nation. Its electricity generation policies,  according to the World Bank, lifted 271 million people out of energy poverty between 2007 and 2017 largely thanks to low priced coal-fired power. So before all the ‘Stop Adani’ climate emergency extinction rebellion crowd start pontificating that we must go carbon neutral, perhaps they might go and survey the 271mn locals as to whether they demand change??

Michael Shellenberger’s latest book, ‘Apocalypse Never‘, takes a realistic view of how to achieve optimal outcomes for the climate, renewables not being part of the equation.

Still, the best way to truly evaluate the seriousness of climate change is by watching the consumption habits of those who peddle it.

We always found it strange that Obama moved to the shores of Martha’s Vineyard last year despite the risk of rising sea levels. Former Aussie PM Kevin Rudd has also bought waterfront property recently despite climate change being the “moral challenge of our times.

Looking at 1,500 private jets clogging airports at a World Economic Forum summit takes some beating too, not to mention the 25,000 pilgrims that fly halfway across the world to attend COP summits and then tell mothers who drop their kids off at soccer practice in a 2nd-hand SUV that they are the problem. No excuses anymore. They can Zoom. 25,000 group thinkers on a screen…their individual relevance in direct proportion to the size of their microscopic avatar.

Finding a correlation between Trump voters and opioid use

The left-leaning taxpayer funded US media network, NPR, published a sensationalist piece titled, ‘Analysis Finds Geographic Overlap In Opioid Use And Trump Support In 2016

The article opened as follows:

The fact that rural, economically disadvantaged parts of the country broke heavily for the Republican candidate in the 2016 election is well known. But Medicare data indicate that voters in areas that went for Trump weren’t just hurting economically — many of them were receiving prescriptions for opioid painkillers.

Is that what the two charts reveal? The first chart records 2016 voting strength for Trump by county. The second, prescription opioid use by each county.

What the NPR article failed to note is that the r-squared figures for each study were stuck in the 40% range meaning there was incredibly low correlation and what statisticians would call “statistically insignificant.

Perhaps NPR might have admitted that drug overdose deaths under Trump went down for the first time in almost 30 years, claims backed up by the CDC. We wrote a piece on the problem back in 2017.

Best just run an article implying that Trump voters in 2016 were poor dumb hicks in rural areas hallucinating from all of the opioids they had taken.

At least we give some credit to NPR for actually reporting (towards the end of the article) the study’s lead author who said,

We were not implying causality, that the Trump vote caused opioids or that opioids caused the Trump vote…We’re talking about associations.”

So why bother with the article in the first place other than to take a pot shot at a portion of the very people who hold different political views but still fund NPR?

Perhaps, NPR might have thought how bad things had become over the long run under the incumbent political class that it gave birth to Trump. Not the other way around.