Unemployment

Bernie Sanders should be a Republican if he studied the facts

Bernie Sanders posted the following to his social media platform today:

Today, the 3 wealthiest Americans own more wealth than the bottom half of our people, and income and wealth inequality is worse now than at any time since the 1920s. This is a moral outrage and bad economics. Unacceptable.

Despite Bernie Sanders’ net worth of $2.5mn, there is an irony for him to act like hr speaks for the poor and oppressed.

The funny thing is that many Americans aspire to be as successful as Jeff Bezos, Bill Gates or Warren Buffett. Undoubtedly the Bottom 50% use/have used Windows, have ordered something on Amazon or used products that sit in the portfolio of Berkshire Hathaway. Bezos, Gates and Buffett all came from relatively humble beginnings. So it isn’t a system that has gifted their success.

What Sanders is forgetting is that the net worth of the Bottom 50% has improved substantially since Trump took office. What is often overlooked by politicians is the simple fact of “lived experience.” Sanders can cry about the”gap” all he wants but if a growing number of people feel less under a rock, they’ll gladly overlook the bluster of Trump and his loose Twitter fingers if he keeps delivering for them. It works the other way too. Telling voters how great they have it when they don’t has the opposite effect.

Since the series began, the St Louis Fed shows the Bottom 50%’s aggregate wealth peaked in 2Q 1991 at $4.3 trillion. In Q1 2009, that net wealth plummetted 61% to $1.7 trillion. It sunk to a rock bottom of $300 billion in 2Q 2011, 93% down.

Under Obama, net worth for the Bottom 50% declined from $1.7 trillion in 1Q 2009 to $1.1 trillion, down 35% over his two terms. This might do some explaining as to why the “forgotten” wanted large scale change.

Under Trump, the latest net worth is back to $1.6 trillion. Still well off the highs of 3-decades ago, but one imagines if things keep improving out to November, then these people won’t want to risk their fortunes reversing again.

Of course, many will ponder the unfair wealth gap of the Top 1% at $34.5 trillion in the latest figures.

Sanders should be outraged that the ultra-wealthy have done much better under Obama with a 100% gain in net worth under his term vs the paltry 15.3% so far under Trump.

Best he become a Republican instead!

Victoria to become 100% female if superannuation laws passed

The Democratic People’s Republic of Victoria is wanting to push legislation to allow companies to pay women a higher rate of superannuation than men to close the gap. Adjustments to the Sex Discrimination Act would be required.

Given the legislation that allows one to change gender without question in Victoria, why would anyone identify as male if their superannuation might be higher with a company that wanted to be woke? Who are companies to deny my right to identify as the gender I claim to be.

Even if companies wanted to voluntarily pay women more superannuation, they should prepare for a revolt by men. As bogus as those making a gender change claim might be, if they have it formalized on their birth certificate then, as a matter of law, companies would be forced by their own hand to pay men who identify otherwise.

The market is a wonderful weighing mechanism. Obamacare was one of the largest contributing factors as to why 94% of jobs growth under President Obama was part time. Companies avoided red tape by bypassing the legislation that would raise costs to unsustainable levels.

If governments want to create higher unemployment, pushing higher super is one way to put a brake on jobs growth and push companies to hire cheaper male employees.

So by the very misguided altruism of the Victorian government, women could end up worse off and the gap even wider.

What if a person with genuine gender dysphoria identities as a trans male. That would mean under the legislation a company would be entitled to lower super payments.

There are plenty of other ways to address the gap – this isn’t one of them.

Whose state of mind should be shredded? Fact checking Trump’s SOTU claims

Really? Nancy Pelosi defended her actions at the SOTU by saying she “shredded his state of mind!

We fact check Trump’s claims below beyond the unemployment figures we put forward yesterday.

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CLAIM: “In 8 years under the last administration, over 300,000 working-age people DROPPED OUT of the workforce. In just three years of my administration, 3.5 MILLION working-age people have JOINED the workforce.”

TRUE

During Obama’s two terms in office, the participation rate dropped from a high of 65.7% to 62.7% by the end. Since President Trump took office, the rate has grown from 62.8% to 63.2% which sums to c.3.7 million more people joining the workforce.

Source: BLS

——

CLAIM: “The median household income is now at the highest rate ever.”

TRUE

The U.S. Census has been tracking median household income since 1984. In 2018, the last year recorded by the U.S. Census Bureau, household median income was at $63,179, the highest number recorded.

Source: Census Bureau

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CLAIM: In the Democratic response, Michigan Governor Gretchen Whitmer said that more than 275 bipartisan bills sit on Senate Majority Leader Mitch McConnell’s desk.

TRUE

Source: Congress roll calls

——

CLAIM: “Under my administration, seven million Americans have come off food stamps and 10 million people have been lifted off of welfare.”

TRUE

“Food stamps” aka U.S Supplemental Nutrition Assistance Program (SNAP) data shows seven million less people than there were before President Trump took office. Medicaid and Children’s Health Insurance saw a roughly 4.7 million person decrease.

Source: SNAP

——

CLAIM: President Trump claimed that America has gained 12,000 new factories under his administration after losing 60,000 factories under the previous two administrations.

TRUE

The Bureau of Labor tracks manufacturing establishments every quarter. US had 398,837 factories at the start of Bush’s presidency in 2001 and 343,972 manufacturing establishments at the end of Obama’s presidency in 2017. That’s a drop of 54,865. The preliminary data for 2Q 2019, reveals 356,046 factories. +12,074 since 2017.

Source: BLS

——

CLAIM: “Thanks to our bold regulatory reduction campaign, the United States has become the number one producer of oil and natural gas in the world, by far.”

SLIGHTLY MISLEADING

According to the U.S. Energy Information Administration, the U.S. has been the #1 producer of oil and natural gas in the world since 2013 before Trump took office.

Source: USEIA

——

CLAIM: “Since my election, the net worth of the bottom half of wage earners has increased by 47 percent, three times faster than the increase for the top one percent.” 

TRUE

Federal Reserve Bank of St. Louis (FRED), the reports the net worth of the bottom half of the population was $1,070,183mn at the start of 2017. As of the third quarter of 2019, it was 1,668,034mn. That’s an increase of 55.86%, more than Trump quoted. The Top 1%, had $29,955,829mn. In 3Q 2019, it was $34,533,370mn, or 15.3%

Source: FRED Top 1% and Bottom 50%

——

CLAIM: “I have raised contributions from the other NATO members by more than $400 billion, and the number of allies meeting their minimum obligations has more than doubled.” 

TRUE

NATO Europe and Canada are expected to raise defense spending by a cumulative $400 billion US dollars by 2024 to meet the 2 percent of GDP obligations – though those obligations were agreed to in 2014.

Source: NATO

——

CLAIM: “Last year, our brave ICE officers arrested more than 120,000 criminal aliens charged with nearly 10,000 burglaries, 5,000 sexual assaults, 45,000 violent assaults and 2,000 murders.” 

TRUE

Source: ICE

——-

CLAIM: “As a result of our unprecedented efforts, illegal crossings are down 75 percent since May — dropping eight straight months in a row.”

TRUE

May, 2019 saw 144,116 apprehensions. Arrests have dropped every single month since that rime, reaching 40,620 in December, 2019. January data not released but apprehensions down 72%.

Source: CBP

——

CLAIM: “In the last three years, ICE has arrested over 5,000 wicked human traffickers.” 

TRUE

ICE has made 5,387 human trafficking arrests.

Source: ICE

——

CLAIM: “We have now completed over 100 miles and will have over 500 miles fully completed by early next year.”

MOSTLY TRUE

Acting Homeland Security Secretary Chad Wolf announced the completion of the border wall’s 100th mile. 400-450 miles of wall would either be completed OR under construction by the end of 2020 — not 500.

Source: DHS

——

CLAIM: “Since 2016, the violent crime rate in America has fallen nearly 5 percent after rising each of the two years before President Trump took office.”

TRUE

Violent crime fell 4.5% between 2016 to 2018. Preliminary 2019 numbers show a further decrease.

Source: FBI

——

CLAIM: Trump claimed drug overdose deaths declined for the first time in nearly 30 years.

TRUE

2018 was the first time in nearly 20 years that the number of drug overdose deaths declined and only the second time in nearly the last 30 years.

Source: CDC

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CLAIM: “Three years ago, the barbarians of ISIS held over 20,000 square miles of territory in Iraq and Syria. Today, the ISIS territorial caliphate has been 100 percent destroyed.”

TRUE

In March 2019, U.S.-backed forces in Syria captured the Islamic State’s last physical territory. In 2016, the ISIS held about 37,530 sq miles in Iraq and Syria.

Source: The Wilson Center

—–

Judging by her actions, should we believe “there is no such thing as eternal animosity.”

She sure has a strange way of showing it.

The only truth Pelosi spoke was that she “didn’t need lessons in dignity from the president.” She has that base well and truly covered.

The only truth in Pelosi was her denial.

SOTU – fact-checking unemployment level claims

Trump made many claims in his SOTU about record unemployment levels for blacks, Hispanics, women, disabled and veterans. The St Louis Fed stores all the official data and is a fantastic resource for such statistics. Judge for yourself. Van Jones, the usually very left-leaning journalist on CNN came clean on a stacked panel that the Democrats should view his SOTU as a wake-up call.

Women UDisabled UVeteran UHispanic UBlack UN

AF Branco was at his best today.

Pelosi Rips Up Trump Speech

Cancel culture puts holes in Swiss chocolatier

Featured Image

Cancel culture. Weak corporate. Gutless response. Repeat.

It seems that Swiss Airlines will remove Swiss chocolatier, Läderach from its supplier list in April over the owner’s affiliation with a pro-life/pro-family Christian organization.

Who is this supposed to help? Passengers have a hard enough time consuming airline meals at the best of times to have the only edible certainty banned. To be honest, how often do passengers actively look through the list of suppliers of crackers, chocolates or packaged cheese and demand a boycott? Why don’t corporates truly work to understand their customers?

For over 10 years, Läderach had supplied Swiss Airlines with small boxes of chocolates that were given to some passengers as a token of appreciation. The company was aware of the CEO’s stance. Why didn’t it conduct proper due diligence 10 years ago?

According to an article published by Swiss magazine “Beobachter,” the airline has a significant number of homosexuals among its employees.

CEO Johannes Läderach denied being against homosexuals.

We have homosexuals working for us, too. We don’t ask them. I attended a gay network event because I wanted to hear what the LGBTQ movement has against Läderach. There I explained that I may have a different opinion on same-sex marriage or on the question when life begins. But this does not mean that I have anything against homosexuals. Läderach has zero-tolerance for discrimination.

Jürg Läderach, the owner of the chocolatier, is president of ‘christianity for today‘ (cft), a Swiss-based group. Johannes Läderach is a board member. cft advocates pro-life and calls for Christian values to be instilled in children.

In October 2019, left-wing activists attacked the Basel Läderach store using butyric acid which causes respiratory irritation, nausea and vomiting. 7 stores were attacked and forced to close for two days to clean the mess. A lot of lost business. Protestors surely broke the law. Repercussions? Probably not. It only emboldens more radical activism.

One has to wonder why Swiss Airlines doesn’t stand up against this form of terrorism instead of giving in to it. The majority of Swiss Airlines passengers probably pay little mind about the views of a chocolate owner. Is everything up for debate? Will something said 20 years ago surface?

As it turns out. Swiss Airlines buckled to a German homosexual lobby group which suggested,  “One way of protesting would be, for example, if hotels or restaurants decided to eliminate Läderach’s products from their range of goods and clearly mark the reason.

Are you noticing a pattern? The list is longer than FNF Media thought.

Greyhound Australia chickened out to a bunch of truants over Adani.

Gillette told its customers to mind their toxic masculinity but was forced to wipe off $8bn in market value as a result of alienating its core clientele. 

Extinction Rebellion inspired protestors are actively trying to bankrupt Shell through willful property destruction.

NFL ratings plunged on the back of the kneeling saga.

Cricket Australia and Tennis Australia were targeted by the ACF over risking violating the Corporations Act if they didn’t address climate change. This was despite the average temperatures during both events being below the long term average.

John McEnroe & Martina Navratilova protested Margaret Court holding different views and pushed Tennis Australia to rename a stadium named after the 77yo sports star after someone they hadn’t consulted who actually loves and admires Court.

Greta Thunberg slammed Roger Federer for having a sponsor which financed the fossil fuel industry. He folded with an utterly spineless response.

Nike cancelled a sneaker on the back of advice from a woke social justice warrior Colin Kaepernick who still can’t make the cut.  

Recall Starbucks forcing its staff to undergo compulsory training to understand their ‘white privilege’ over the legitimate arrest of two people freeloading in the restaurant.

Reebok told us about compelled speech. 

The plastic bag boycott movement which in reality only proved substitution rather than reduction.

NY Times hired an editor who openly said she hates “dumbass f*cking white people“. She has since been fired.

San Francisco Mayor London Breed told her staff that she will no longer conduct business with 22 states that have laws limiting the ability of women to obtain abortions, specifically late-term. Sadly for Breed, Coca-Cola, WalMart, AT&T, Aetna, Pfizer & Eli Lilly have donated to politicians who have advocated for abortion bans in some of those 22 states. Will SF City Council vending machines be stripped of Diet Coke?

Multiple corporates folded to Mad F*cking Witches over radio presenter Alan Jones’ remarks over Jacinda Ardern. One has to question the corporate PR departments to flake out over a group who has that as a name. Companies like Koala Mattresses proudly dumped Jones despite promoting its brand via profanity-laced man-hater, Clementine Ford.

The Code of Conduct from the Nursing and Midwifery Board of Australia has some interesting clauses regarding nurses acknowledging our colonialist past and check our white privilege.

The University of Texas  started the  “MasculinUT” programme. It was organized by the school’s counselling staff and most recently made a poster series encouraging students to develop a “healthy model of masculinity.” The program is built around “restrictive masculinity” and tries to encourage men to drop traditional gender roles to “act like a man”, be “successful” or “the breadwinner.”

11,000 signatories attached to the non-peer reviewed paper which the media made absolutely zero attempts to question the validity of included Mickey Mouse, Aminta Aardvark and Albus Dumbledore. Typical drip-feed brainless and contemptable reporting.

An open letter supporting the Extinction Rebellion threw up some very enlightening facts. Read it and weep. Not the letter – the stats. Perhaps the most hilarious signatory to the letter is Matthew Flinders of Flinders University. Unless the university website has another Matthew Flinders listed as an active member, our esteemed explorer seems to have navigated his way back to life…simply adding to the total lack of credibility of the cabal of 268 academics who believe they have some sort of intellectual superiority over us. If one ever wanted proof of our judiciary leaning hard left, 12% of the people that signed this document were in law-related fields. Eerily, over 90% of the signatories do not appear to be renowned experts in teaching science, much less climate science.

The Inclusive Communications Task Force at the Colorado State University has introduced an appropriate language guide and it has deemed the words “America” and “Americans” might prove offensive to some and have discouraged their use on campus.

Dr. Aaron Brough of Utah State University conducted the study to see if there is a correlation between toxic masculinity and climate change. His assumptions ran the line that men see environmentalism as more feminine and get triggered if forced to make ecological choices if they feel threatened.

The government-funded University of Melbourne allows an artistic performance that requires “paying” white customers access on the basis of signing an acknowledgement of white privilege.

Don’t miss the posters put up by the University of San Francisco which pointed out how to spot privilege.

A Michigan State University religious studies professor Shreena Gandhi has claimed that white people who do yoga contribute to a “system of power, privilege, and oppression… White Americans should learn yoga’s history, acknowledge the cultural appropriation they engage in and possibly reduce the cost of yoga classes for poor people, a group that often includes people of colour and recent immigrants, such as Indian women to whom this practice rightfully belong.”

According to the BBC, it was. The UK taxpayer-funded broadcaster is buying into this hypothesis that the CIA may have been too “white” and not diverse enough to spot the terrorist activity around September 11, 2001. Weren’t the whites that founded the agency in 1947 the same thinkers who had the nous to use “diversity” (Navaho Native Americans) to devastating effect to transmit sensitive information during WWII?

We could go on and on – but you get the drift.

There have been some good wins from those that have stood up for their beliefs.

Chik-fil-A, refused to back down on its Christian beliefs that the store was founded on.  It is now the fastest-growing fast-food chain in America.

Adani has said things are progressing just fine.

FedEx told customers that it didn’t like guns but wasn’t getting involved in boycotting NRA loyal customers after the Parkland shooting.

NRA membership searches surged 4900% the week after the Parkland shooting as people valued their 2A rights.

What a surprise in today’s academia. Three scholars—James Lindsay, Helen Pluckrose, and Peter Boghossian—wrote 20 fake papers using fashionable politically correct jargon (wrt gender equality, white supremacy, LGBTQI) and developed ridiculous conclusions with the aim of placing these ‘peer-reviewed’ pieces in high-profile journals. At the time of exposing the hoax 7 journals succeeded in being published, 7 were in the approvals process

This growing intolerance and failure to respect alternative opinions. Instead of openly debating Läderach on how normal the overwhelming majority of LGBT people are, do lobby groups honestly believe shouting them down, using acid, shaming and boycotting will somehow win them over? Not in a million years.

Worryingly, a CIS study in Australia showed that 58% of millennials had a favourable view of socialism. Unfortunately, 51% did not know who Chairman Mao was. Another 32% did not know Stalin and 42% hadn’t heard of Lenin. If we combine with “know but not familiar” with “don’t know” we see almost 80%, 66% and 74% respectively. Oh, how wonderful to learn in school about three men whose social policies led to the deaths of 10s of millions.

Silence is consent. As Orwell said, “In times of universal deceit, telling the truth is a revolutionary act!

When you next fill up, consider Shell

No photo description available.

Yet more Extinction Rebellion inspired lunacy. Do yourself a favour and consider filling up at a Shell service station next time you need petrol. In the latest Shell Must Fall post, the group boasts,

“As part of the SHELL MUST FALL Everywhere! *activeweek* international action week, people across Sweden have taken several Shell petrol stations offline through a set of targeted actions that made Shell unable to process payments at the pump.

Actions have been reported across several Swedish cities, including Lund, Örebro, Uppsala, and Malmö. A spokesperson issued the following statement:

“Every transaction that happens at these pumps delivers more profit to Shell and its shareholders. More profit at the expense of the Ogoni people in the Niger Delta, more profit at the expense of our air quality, more profit at the expense of the stability of our climate, our atmosphere.

We say enough is enough. Shell Must Fall!”

Given this mob wants a socialist agenda, they should reflect on Shell’s commitment to diversity and inclusion. This from the latest annual report:

…in 2018, we were recognised as one of the top three organisations in the Workplace Pride global lesbian, gay, bisexual, transgender and intersexed (LGBTI) inclusive workplace benchmark and earned a 100% score in the Human Rights Campaign Foundation’s Corporate Equality Index. In addition, the 2018 Hampton Alexander Review ranked Shell first out of the Financial Times Stock Exchange (FTSE) 350 Oil & Gas Industry index companies and seventh out of the FTSE 100 Top 10 Best Performers. We actively monitor the representation of women and local nationals in senior leadership positions and have talent-development processes to support us in mitigating any biases and delivering a more diverse representation.”

Shell thinks the Niger Delta has a far different set of risks.

In our Nigerian operations, we face various risks and adverse conditions. These include: security issues surrounding the safety of our people, host communities and operations; sabotage and theft; our ability to enforce existing contractual rights; litigation; limited infrastructure; potential legislation that could increase our taxes or costs of operations; the effect of lower oil and gas prices on the government budget; and regional instability created by militant activities. Any of these risks or adverse conditions could have a material adverse effect on our earnings, cash flows and financial condition.

Perhaps when they storm into the shareholders meeting in May 2020 that they swot up on the facts before causing the collapse of Shell.

Wouldn’t hire you in a pink fit with that attitude

You have got to hand it to the next generation. Before they’ve been hired, many are already dictating terms to prospective employers.

Despite not proving they’re worth one euro cent of value to a company they are already showing their incapacity to think creatively or show a basic modicum of balanced thought, innovation much less display respect to their future bosses.

What company would openly want to hire graduates who think they know more than the companies they might work for? With so much knowledge, FNF Media is surprised these kids don’t demand a position on the board.

It is wonderful that the self entitled generation have such big tickets on themselves. A Student Manifesto says:

We want to take advantage of our power as students by turning to employers that abide by the demands set out in this manifesto. We affirm that it is possible to live decently without drowning into either overconsumption or utter destitution; that the economic system must be aware of its dependence on environment in order to be sustainable; and that solving environmental issues is key to reducing inequalities and conflict risks.

According to EU Observer,

Over the past 15 months, more than 32,000 students or recent graduates have signed the manifesto, mostly – but not only – in France.

What if the company manufactures envelopes and stationery? Will it violate the manifesto? France has a robust industrial sector. Will Alstom, Thales and Renault be forced to hire inferior graduates? Maybe they’ll need to invest more in AI.

When we boil it all down to gravy we can be dead certain that these kids will demand more regulation to make up for the brainwashing drummed into them by leftist institutions who have not prepared them for the real world.

China and other nations not beholden to these ideological gimmicks must relish the thought that Europe is becoming so hard core with respect to stifling innovation that they’ll be able to snap up distressed assets in France on the cheap. Talk about a future of self inflicted wounds.