The Government is Knee-Capping the Economy

Is it chance that the economy is spiraling downward and out standing on the world stage is faltering, or is it all par of a plan?

I was going to write about how I think the Biden Administration shot itself in the foot when it implemented a whole series of executive orders and regulations that, unintentionally or not, hurt the economy, but I changed my mind. “Shooting yourself in the foot” implies they did it by mistake. I think it is much more likely that the Biden Administration and the socialists behind the scenes purposely knee-capped the economy.

That’s right, I think they hobbled the economy by design, to undermine capitalism, to hurry the transition to the world where we “own nothing and like it.” They don’t want small business to succeed and create more middle-class people who control their own fate. They want people to be powerless, to lose their savings, be forced from their homes, and have no choice but to turn to the government for support.

I think the current political regime is undermining the economy and tearing apart our society in an attempt to transfer power from the people to the government. The tyrannical leftists who have worked themselves into power are not satisfied being congressmen and women. They want more power, more control, and more money. The pandemic, followed by the election of a weak, easily controllable president, has given them a window of opportunity.

Continue reading “The Government is Knee-Capping the Economy”

A Couple Updates from Pete

Greetings and thanks to all my readers, and a special thank you for those who check in frequently.

After growing 15 percent per month this summer, we have seen 20 percent growth in readership and 19 percent in page views in the past 30 days. That’s pretty good for a blog, a format many would consider an outdated or old-fashioned.

Facebook has become one of our top referring sites, so a big show of gratitude for those of you who post and link to our articles on your social media pages. Please keep it up.

Your Feedback is Welcome

If you have any feedback or suggestions you’d like to give me, questions to pose, or topics you would like to see me address, please comment below, use the contact us form, or email me at admin@ our domain name.

We are also open to guest posts, so reach out with a query if you have an area of expertise you would like to share.

A Comment on Comments

Let me apologize if you posted a comment in the past year and it never showed up. We had an unforeseen issue that was blocking some legitimate comments, and I just learned of it yesterday. I believe we have fixed this problem.

Specifically, our spam fighting software was on such an aggressive setting that it blocked some comments that were not spam. While less than one half of one percent of the blocked comments were legitimate, when you get thousands of comments, it can add up. As a result, we’ve relaxed our spam fighting software settings and removed some blacklisted words. This should allow more comments to be accepted. If you don’t see your comment appear in 24 hours, shoot me an email and I will look into it.

I am surprised by the amount of spam comments we get with everything from beauty and weight loss tips to foreclosures and CDB promotions, and that’s just the polite stuff. Speaking of that, comments that include profanity, naughty topics, promote a product (especially one that is not prepping related), or include multiple links are rejected by our spam filter, so keep it clean and non-commercial.

Once a comment is approved by our software, it is reviewed by a human because spammers are clever and always try to sneak one past the filter. Vague comments like “Great post! This is a good topic,” are unlikely to be approved, especially when they are from someone who has never posted before. While we appreciate compliments, specific feedback is more likely to get approved than vague comments that are likely Spam. Lengthy diatribes and off topic comments are also unlikely to be approved. Don’t take it personally and feel free to comment again.

Please give commenting and replying to comments another try, and I’ll try to approve comments more quickly. It would be good to get some conversations going, as I am sure many of you have valuable insights to share.

Buckle Up

I expect we’re in for an interesting winter and a worsening economy. Good luck, God bless, and keep prepping.

—Pete

The Post Office Gets Slower; No One Cares

There’s been a subdued hue and cry in the media about plans that went into effect on Friday to slow the delivery of first class mail by a day or two. (Instead of first class mail going coast-to-coast in three days, it will now take up to five five. Local mail should still take two days.) The media says this will hurt that the elderly and the poor.

How? By getting a check two days later than they used to? Does anyone still get a check in the mail? We are 100 percent electronic payments and direct deposit.

I saw a quote about delaying “Important documents like passports.” Really? You need a new passport what, once a decade? And the wait is six weeks or more? No one is complaining about that, but the two or three days for delivery? Terrible!

I’d trade a day or two for better accuracy. I get other people’s mail almost every week. Packages get lost. Tracking says something is delivered, but it was delivered somewhere else.

Do people still send letters? My wife still sends greeting cards, but I can’t remember the last time I wrote a letter, folded it into an envelope, stuck a stamp on it and mailed it off.

It’s Getting so you can’t Trust our Institutions

Trust is one of those things that keeps our society running smoothly, yet it is disappearing as we lose faith in our politicians and institutions.

I haven’t trusted the media for a long time.

In the 1980s, I subscribed to the New York Times and read it every day until some point in 2003, when I got fed up with their slanted, pro liberal news coverage. I switched my subscription to the Wall street Journal, which I still read daily.

They have good news coverage on business topics, and I trust them far more than the NYT, but I don’t trust them 100 percent. They take a conservative approach to the news. While that’s better than a liberal one, and I may agree with it, it’s still a slant. I would prefer they report the news and leave its interpretation up to the reader.

Network TV news coverage? Forget about it. Cable news? More slanted than the New York Times. I don’t even watch the local networks unless there is a big weather event or other pressing local news.

Today, the most news sources have gone from leaning one direction to operating like a public relations agency for either the left or the right. It’s all spin and talking points, with very little investigating. They don’t report, they just repeat, and that’s bad for the country.

Continue reading “It’s Getting so you can’t Trust our Institutions”

The Pop Heard ‘Round the World: China’s Bubble Bursts

Capitalism practiced by communists has lead to the expected default of Evergrande, one of China’s largest companies that makes up 2 percent of its GDP.

I have previously described the United States as the engine that drives the global economy, and when the U.S. has a financial crisis, the world has a financial crisis.

While things are not looking great in the U.S. markets, it is China and the expected default of Evergrande that is hurting markets across Asia and around the world. To give you an idea of its scale, Evergrande is often called “China’s Lehman Brothers,” a reference to the collapse of Lehman Brothers that kicked off the 2007/8 Great Recession in the U.S.

China has pumped up its economy by encouraging banks to lend money very low rates to businesses that build buildings and create jobs and economic activity. The problem is many of these buildings sit empty, collecting no rent, and leaving their developers dependent upon more loans to prop them up. Known as ghost cities, they are assets that have little value because no one wants to buy them or pay rent to live there. Described by some as a giant Ponzi scheme, this behavior was encouraged by the government and regulators.

Until one day, it was not.

Continue reading “The Pop Heard ‘Round the World: China’s Bubble Bursts”

Why the Submarine Deal is a Game Changer in Pacific

Australia takes an important step to remind China that it is will not lie down and be bullied as naval power in the Pacific rises to prominence again.

In the past 24 hours, Australia changed the game in the Pacific and it has shaken things up.

First, Australia announced it will cancel a contract with France to buy diesel powered submarines and instead has struck a deal to obtain submarines with nuclear propulsion systems from the U.S. President Biden and UK Prime Minister Boris Johnson announced the new alliance jointly with Australia Prime Minister Scott Morrison.

Second, China reacted very negatively to the news, stating that it would create an arms race in the Pacific. Ha! China’s aggressive actions in the South China Sea have already created an arms race. Australia, Taiwan, and Japan are already stocking up on missiles, rockets, fighter jets, and other weapons systems. China is rushing to build more nuclear weapons. Adding nuclear-powered submarines to the Australian fleet is hardly an escalation. It’s barely a warning shot fired across China’s bow.

Continue reading “Why the Submarine Deal is a Game Changer in Pacific”

How Peace, Love, and Flower Children Ruined the Country

This country is sliding down the drain and the race on to see if we experience an economic or social collapse first. I blame the hippies.

Somewhere along the way, this country got screwed up. I’m pretty sure it started when the flower children, the hippies of the 1960s, got old enough to be in charge.

The Presidents leading up to and including the first President George Bush had lived through the Great Depression and fought and won a World War. They were not soft. They had the fortitude to do what was right, not what was easy. This approach has since been abandoned by politicians and far too many people.

The Baby Boomers, the children of the Greatest Generation, were the first generation of Americans to be spoiled. That coddling is why they have screwed things up for the past 30 years. They didn’t learn from the Great Depression. They didn’t volunteer to fight for their country (they had to be drafted to fight in Vietnam.) Many of them stopped going to church and rebelled against the Christian-Judeo values of their parents. They became the flower children of the 1960s and went off to form communes and celebrate free love.

That’s when the country got soft. That’s when the rule of law started to bend and weaken, and with it, the country itself.

Continue reading “How Peace, Love, and Flower Children Ruined the Country”

It is Difficult to Watch it all Implode

I never thought I’d say this, but I feel sorry for Joe Biden. He is failing in front of our eyes, and dragging the country down with him.

As the whole Afghanistan withdrawal disaster unfolds, it is becoming clearer and clearer that he is not only in over his head, but that his advisors are in over their heads as well. I think we all knew that Joe was past his prime and little more than a figurehead, but now we know he is a figurehead for a bunch of nincompoops (I’m being polite here—substitute a harsher word if you wish). We, and the rest of the world, are having the privilege of seeing on live TV a presidential administration collapse as Biden and his staff fail their trial by fire.

Hey Biden advisors: Your participation trophies are no good here. We need a winning strategy and you guys are proving to be losers. Learning on the job is not acceptable. You have not only offended and alienated more of the country than voted for you, plus every veteran who fought or died over there, but you’ve offended our closest allies. Worse yet, you have given our enemies a glimpse of how bad things are in the White House. You can’t even yell “Ignore the man behind the curtain!” because there is no man behind the curtain. There is just an empty chair.

Continue reading “It is Difficult to Watch it all Implode”

Living in a Self-Service World: Fewer Workers Means More Automation

With 2.2 million fewer people working in the hospitality and restaurant industry, it’s no surprise restaurants are turning to automation or asking customers to serve themselves.

We recently went to a restaurant where we came in, picked up your menu and stood in a large “holding pen” while trying to decide what to eat. Once we made our selections, we walked up to the counter and placed our order. They charged my card right then, and the tablet asked for a tip–even though we did not know if the server would be any good. They handed us cups and a number and suggested we pick up our silverware and condiments. A server brought our food, but we had to clear our own plates. I might as well have stayed home.

It was like a Give Guys Burgers and Fries or another fast-food restaurant, but they didn’t yell out your number, they had a broader menu selection, and it was a nicer atmosphere.

Because all they had to do was bring out our food and wipe down an empty table, they managed somewhere around 50 to 60 tables with just two servers. The restaurant started this “hands off” service during COVID-19, supposedly to reduce infections. They kept it going because it is difficult to hire skilled employees.

Continue reading “Living in a Self-Service World: Fewer Workers Means More Automation”

Why Independence Day Matters

I celebrate Christmas, not December 25. I celebrate Veterans Day, not November 11. Why should Independence Day be any different?

People who want you to celebrate the “Fourth of July” rather than “Independence Day” don’t want you to remember why the United States declared “In the Name, and by Authority of the good People of these Colonies…. That these United Colonies are, and of Right ought to be Free and Independent States; that they are Absolved from all Allegiance to the British Crown, and that all political connection between them and the State of Great Britain, is and ought to be totally dissolved.”

They don’t want you to be free. They don’t want you to think that all men are created equal or that they are endowed by their Creator with certain unalienable Rights. No, they want to take away your rights because they want you to be dependent, helpless, controlled and enslaved. They don’t want you to pursue Life, Liberty and Happiness because they want you to be oppressed and miserable so that they can more easily manipulate you.

Those in government doesn’t want to earn their right to govern by the consent of the people. Instead, they want to do what they feel is “best” for us because they supposedly “know better” than we the people. They don’t want us to remember that it is the people’s right and duty to throw off an abusive government.

Continue reading “Why Independence Day Matters”