Thursday, April 18, 2019

Americans for Limited Government: Trump Is Vindicated; Media Is Humiliated

The question now is whether the intelligence agencies that attempted to entrap Trump will be investigated, which is where the investigation should have been in the first place.  The biggest disgrace is the fake media: CNN, MSNBC, NPR, the New York Times, et al.  ALG writes:
Professional Trump critics like former CIA Director John Brennan were regulars on MSNBC stoking the collusion fires later claiming that he perhaps had ‘bad information.’ The partisan media outlets like ABC, NBC, CBS, CNN and MSNBC along with the entire Corporation for Public Broadcasting taxpayer funded hierarchy breathlessly repeated planted rumor after planted rumor promising viewers that this time, they really had Donald Trump...One could hope that the left-wing corporate media machines will learn a lesson and return to journalism, but that is not what they are — instead they are advocates getting paid to culturally transform America. If anything good is to come out of this national embarrassment, it is my hope that the media emperors who have been running around with no clothes are finally seen for the frauds that they are, and as a result, the public denies them the one thing they need — viewers and listeners. 

Mueller report vindicates Trump, no conspiracy or coordination with Russia
April 18, 2019, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement in response the final report by Special Counsel Robert Mueller:
“Robert Mueller’s report is a slam dunk vindication of President Trump, who was the victim of an intelligence agency operation designed to entrap him and those around him in process crime snares, even as they knew that there was not a sufficient basis to say there was any conspiracy by Trump, his campaign or any American with Russia to interfere with the election.  Mueller himself writes that ‘the evidence was not sufficient to charge that any member of the Trump Campaign conspired or coordinated with representatives of the Russian government to interfere in the 2016 election,’ which was defined as operations to do with hacking the DNC and John Podesta emails and an inconsequential social media campaign by a Russian company.
“This is unequivocal, but not a surprise to anyone who was profiteering off of this fake news driven conspiracy theory.  Former Director of National Intelligence James Clapper, who is no friend to President Trump, said in March 2017, ‘We had no evidence of collusion.’
“Additionally, lead FBI investigator and proven Trump hater, Peter Strzok texted his then lover, FBI agent Lisa Page, that ‘there’s no big there there’ in talking about the Russia case.
“And even former CIA Director Michael Morell is quoted in March 2017 as saying, ‘There is no fire, at all.’
“Yet our nation and those associated with the Trump campaign, transition team and administration were subjected to about a three-year long investigation, including nearly two years by a special counsel who was appointed to investigate something that everyone knew was false. 
“Professional Trump critics like former CIA Director John Brennan were regulars on MSNBC stoking the collusion fires later claiming that he perhaps had ‘bad information.’ The partisan media outlets like ABC, NBC, CBS, CNN and MSNBC along with the entire Corporation for Public Broadcasting taxpayer funded hierarchy breathlessly repeated planted rumor after planted rumor promising viewers that this time, they really had Donald Trump. 
“And today in the aftermath of the collapse of their delusion, they cling to their age old approach to attack the messenger, Attorney General William Barr, because the pedestal they had built for the special counsel was too high for them to tear down in time to not have egg on their faces.
“No conspiracy with Russia by Trump is great news for America.  One could hope that the left-wing corporate media machines will learn a lesson and return to journalism, but that is not what they are — instead they are advocates getting paid to culturally transform America. If anything good is to come out of this national embarrassment, it is my hope that the media emperors who have been running around with no clothes are finally seen for the frauds that they are, and as a result, the public denies them the one thing they need — viewers and listeners.  In doing so those who have perpetuated this Russian collusion fraud through hours upon hours of anti-Trump coverage will be denied the dollars from selling soap to those very viewers who they colluded to trick into believing that Donald Trump was a traitor to his country.
“Now, the Attorney General needs to get to work to determine who abused the legal protections in place to stop this kind of intelligence abuse and take all available measures against them to make certain that this never happens again, as well as recommend reforms to ensure that the FISA Court ceases to be a rubber stamp for spying.”
Interview Availability: Please contact Americans for Limited Government at 703-383-0880 ext. 1 or at media@limitgov.org to arrange an interview.

Gold Less Bulky Than Paper Money

One of the arguments against the use of gold as money is that it is supposedly more bulky than paper money. I have recently purchased some one-tenth-ounce Canadian Maple Leaf gold coins, and I was surprised to see that they are much smaller and lighter than a stack of $20 bills.  A one-tenth-ounce gold piece is worth about $128 at current prices; it is tiny--much smaller than a $20 bill.  There was a time when $100 or $500 bills were widely used, but today because of money laundering concerns bills larger than $50 are rare.  A stack of six $20 bills weighs more and is bulkier than a $128 gold coin.

The claim that paper money is necessary because carrying gold is inconvenient is a fake rationale.

Anti-Science Democrats Stop Funding of Research on Male-Female Differences

Professor Emeritus Philip Carl Salzman of McGill University has written a piece in Canada's Society for Academic Freedom and Scholarship's SAFS Newsletter about anti-science Democrats' opposition to funding of high-quality research on male-female differences.  I sent a letter to Prof. Salzman asking for further information about the corrupt administrators in NSF, and I followed up with the following email to President Trump:

Dear Mr. President:

I sent this letter to Prof. Salzman in Canada, who has identified corruption in the National Science Foundation. Specifically, the NSF has allowed politically motivated feminist bigots to stop legitimate research concerning male-female differences. It is time to drain the swamp at NSF and to fire the administrators who stopped funding of the research.

Dear  Prof. Salzman:

I saw your piece in SAFS Newsletter, and I was interested in your statement that a scientific paper concerning the greater male variability hypothesis was denied funding because of political intervention in the processes of the National Science Foundation. Apparently, an anti-science, politically funded feminist group, Women in Mathematics, has access to decision makers in the Orwellian-named “National Science Foundation” and was able to stop scientific research through political pressure, apparently in favor of superstition.  Perhaps the “National Science Foundation” should be renamed the “National Superstition Foundation.”

Do you have access to or do you know someone who has access to the names of the specific decision makers in the “National Science Foundation” who have allowed political advocacy to overturn science?  I am contacting the president separately and suggesting that the age of politicization be brought to a quick end at NSF, or else that the NSF has outlived its purpose and should be closed.

Sincerely,


Professor Mitchell Langbert 

Friday, April 12, 2019

Failure of Cain Nomination Underscores Need to Drop Mainstream Republicans

The Wall Street Journal reports that Mitt Romney (R., Utah), Cory Gardner (R., Colo.), Lisa Murkowski (R., Alaska) and Kevin Cramer (R., N.D.) oppose the nomination of Herman Cain to the Federal Reserve Board.  Their opposition underscores the gulf between President Trump and mainstream Republicans, and it also underscores the meaning underlying the term deep state.   In a 2012 op-ed in the Journal Cain came out in favor of the gold standard. The gold standard is anathema to Wall Street and its pro-deep state shills. For instance, "journalist" Michael Hiltzik writes an uninformed piece in the LA Times.

Using insulting language, a habit increasingly characteristic of a media that has lost its moorings, Hiltzick makes the factually false claim that the gold standard led to instability in the interwar period.  As Friedman's history shows, the Fed's paper money policy led to the Great Depression. In turn, the mismanagement of the paper money banking system was multiplied by Herbert Hoover's jawboning about wage cuts and the Smoot-Hawley tariff. A master of nonsequitor, Hiltizck writes: 

If the economy of one country ebbed relative to another, preserving the gold standard meant that something else would have to give — laborers thrown out of work or wages brought down. 

This reflects a misunderstanding of what an economy is, what the subject of economics studies, and how paper money works. Paper money does not repeal the laws of supply and demand, Hiltzick's claim notwithstanding. The gist of the paper money system is that wages are systematically brought down through money illusion, a point that is lost on Hiltzick (but not the Keynesian economists to whom he refers). 

Hiltzick's discussion of Friedman's Capitalism and Freedom overlooks Friedman's points that the Fed caused the Great Depression and that Friedman's idea of a fixed monetary rule, which turned out to be a complete failure, could mimic a gold standard. True, following the failure of his fixed monetary rule Friedman remained a member of the helicopter crowd--a term Friedman himself first applied to monetary creation. Those who do not do good service to Wall Street do not win Nobel Prizes.

Hiltzick cites a group of Keynesian and monetarist economists hired by investment banker-financed Ivy League universities (see my piece in Industry and Higher Education) without Hiltzick's grasping that far worse instability has occurred since 1913 than before and that gold was at most an indirect cause of the Great Depression; mismanagement of the paper money system was the chief cause, along with ham-handed fiscal and trade policies. These economists are unapologetic in their advocacy of instability-causing policies, one outcome of which was the failures of 2008.

The two-pronged issue that is most important to the deep state is its control of money and its ability to direct the economy through credit.  There are two categories of gold standard opponents: The first knows that it is a servant of power and of increasing income inequality. The second doesn't know, actually believes the nonsense taught in basic economics classes, and is useful to Goldman Sachs and Mitt Romney.

That Trump would consider a gold standard advocate means that he is better than I thought in 2016. In making donations to Republicans, I will be careful to donate to PACs that oppose the deep state. I will avoid the likes of Romney, Gardner, Murkowski, and Cramer.