This is another of the W.O.O.D. series of semi-regular
Weekly Occasional Open Discussions.
(i.e. if I forget and skip one, no big)
Immediate prior one here:
and remains open for threads running there
(at least until the ‘several month’ auto-close of comments on stale threads).
Canonical list of old ones here:
So use “Tips” for “Oooh, look at the interesting ponder thing!”
and “W.O.O.D” for “Did you see what just happened?! What did you think about it?”
What’s Going On?
8 days to the U.S. Mid-term Elections. we’ve got faux bombings, shootings in various places, politicians (mostly Democrats) demanding violence against their opposition, flat out lying in the Nightly News, propaganda of the worst sort flying all over, and the Well Connected in companies banning speech by those they do not like (universally conservative voices being silenced).
Sounds a lot more like a Marxist Socialist South American “republic” more than anything I remember as the United States. Let’s check just the basics:
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
Events being driven by outside agents (UN, Soros & his NGOs, and more) in order to disrupt the Union, assure justice is not done (Clintons anyone? Russia “probe”?) and Lord knows Antifa and fellow travelers are 100% the opposite of “domestic tranquility” as it is all about disruption all the time. Many of the Democrats are all about disruption too (Kavanaugh hearings for example…). We’re more or less neutral on the common defense thing. Promoting “general welfare” by swamping our welfare and social support systems with a flood of illegal immigrants is more about a Cloward and Piven breaking of the common welfare. Then the goal, to herd us into a socialist dictatorship is certainly opposite of liberty. Then there’s the attempts to overturn the Constitution by legal finaggling to invert the meaning of fairly clear words. That whole “depends on what ‘is’ is” problem.
No, present events and the desired direction of the Globalists and Democrats is 100% opposed to traditional American values, ideals, laws, and founding documents. All that remains is to see if 50.x% want that way, or to return to our founding principles.
The world will be focused on this, and on all the side-shows and October Surprises and the other film-flam efforts for the next week. Then we’ll hold our collective breath for 1/2 day as the votes are counted, the oxen gored, and the wailing and gnashing of teeth commences.
Headed down and not showing signs of just a “correction”. It’s broken support levels, failed to return to the simple moving averages, and has had key stocks announce good earnings yet still fall.
This, IMHO, is a direct result of too many interest rate rises too fast by The Fed. Yes, they must look out a year in advance and take actions for then, now; but really, there have been a lot of rate hikes in rapid succession without skipping a beat. They really ought to have put a pause in at some point. Wages are not yet rising significantly and there are issues with raising rates in a neutral economy. For one, home building took a dip in the last announcements. We’re already putting the brakes on the economy.
Italy has tossed a gauntlet on the ground via their budget that ignores EU rules. The EU has refused it. Next move TBD. But the Romans are Restless.
Several countries are saying “ENOUGH!” to the EU on immigrants who do not wish to assimilate or are unable to assimilate and contribute. This is a slow fire, but one that will continue to burn and grow. Even Merkel in Germany has had to grit her teeth and accept a less “immigration friendly” partner.
Then there’s that whole BREXIT thing festering along. 5 months to go. Globalists and EUrocrats pulling out all the stops to break it, stop it, reverse it, make it as miserable as possible, or even just delay it. A slow show but with occasional fireworks from time to time. One hopes the UK continues to make it out of the pen.
Over the next 1/2 year EU Watching will be a big deal.