Author: Jim

economics

Stagflation August

While inflation has been running at an annualised rate of 3.6% over the past three months, higher than the Fed’s target 2%, said Brett Hammond, senior economist at TIAA-CREF, “in order to get the economy moving again, a little inflation isn’t a bad thing”. If Keynesianism is true, you are not supposed to have rising …

politics

Past getting rewritten right now

Commentary magazine spots a rewrite in progress. I just checked his claim by comparing the current version of the state department 2002 list of consulates against the google cached version of that list. In google’s cached version, the US in 2002 recognized Jerusalem as part of Israel. In the live version from the state departments …

party politics

Rick Perry (Bush III) replaces governor Romneycare

Governor Romneycare was the establishment’s favored candidate for president, anointed as front runner, to make Obamanism bipartisan. It has, however, become obvious that his campaign is dead on arrival (strange for a supposed front runner) so the establishment has now anointed Rick Perry, a politician indistinguishable from Bush, as its preferred candidate, shortly to be …

culture

Stereotypes confirmed

The ever insightful Steve Sailer spotted a German newspaper telling the truth about the English rioters: Almost all suspects are foreigners, no job, and a sizeable criminal record. About half of the defendants are minors, yet their parents fail to show up in court. Although England has a massive native underclass, the overwhelming majority of …

culture

Affirmative action and lies

Suppose group A and group B differ in mean and distribution in some desirable or undesirable quality. Chances are that there is a lot of overlap in the middle, but when you select the very best, perhaps for some prestigious and well paid job, and the very worst, perhaps to lock them up and get …

politics

Ruling majority underclass

Following the British riots (which have not exactly ended, but have diminished to merely routine levels of violence, robbery, and arson) the British Labor Party went trolling for looter and arsonist votes, while the conservative party tried to get the votes of those members of the underclass that were worried about being robbed or burned …

culture

Mark Duggan did not shoot

Mark Duggan’s gun was not fired, and before his death, he expected to be murdered. This suggests that his family’s account of his killing is true – that he was not killed in an exchange of fire, but was murdered by police, in which case the attacks on police that started these riots were legitimate, …