This morning Karl Denninger picks up on the latest report from the Bureau of Labor Statistics - Productivity and Costs, First Quarter 2023, Preliminary. The stats are almost startlingly bad—the worst since these stats have been kept, starting in 1948—despite the neutral bureaucratic language. KD strikes the note:
Was reading today in the new King’s ceremony there is a point where they simulate taking someone to the gulag to be admonished for free speech. Anyone recall reading this! Twitter or RedState I’m thinking.
For those in England who admire the monarchy, they should hope Charles doesn't last. William and his wife appear to take the royal role more seriously. Charles is a leftist fool who will diminish what his mother tried so steadfastly to uphold. A long reign by this doofus and his "queen" will only hasten the demise of The Firm.
The economic situation will never, I mean never folks, get real here, be straightened out until and unless some difficult but necessary things happen. Governments must stop deficit spending. Speculation of all types must be curtailed. Unbalanced trade must be kept in check. Real, stable money must be in circulation. Criminals must suffer consequences. Productivity must be rewarded. Individual merit must be paramount. Property rights must be respected. Citizens must have all civil and human rights, not groups. Corporate entities must never have inherent rights, except for equal treatment under law.
I am not real into British royalty--too much of my heritage is Scots-Irish. (If you don't know what that means, hunt up the book on the Scots-Irish by Senator Jim Webb, "Born Fighting.") But this is the first time the Brits have had a king named Charles since the 1600s! There were good reasons why no one used that name. Charles I was one of the worst kings they ever had, and provoked a civil war. He finally ended up beheaded. His son Charles II managed to keep his head. But he had no legitimate heirs, and his brother James II got kicked off the throne after three years. An effort by James' grandson, "Bonnie Prince Charlie," to recover the throne in 1745 did not work out, and did not help the Stuart family reputation either.
In my lifetime, (I'm 73 years old) healthcare has evolved from doctors working out of small offices with one or two staffers, and hospitals that were local non-profits, to Big Business. My own primary physician had to give up his own practice; he now operates out of a clinic with half a dozen doctors and it seems like fifteen or twenty staffers. And the clinic is tied to a national chain of hospitals. And of course, the drug business is now known as Big Pharma. But we are also seeing the fruits of the decline in ethics that has been going on since the 1960s. It started with the Sexual Revolution, but it did not stop there. In the late '70s I was taking business classes at a branch campus of the University of Cincinnati. One day my accounting prof came into class fuming, and he opened up to us about why he was mad. The University was changing what it was teaching for business ethics--and he thought the changes were for the worse, not better. In the next few years, as older executives retired and were replaced with younger ones, I saw the results--and I got out of my old business and into something where I was dealing with homeowners. The work wasn't as steady, but I got paid more reliably.
Was reading today in the new King’s ceremony there is a point where they simulate taking someone to the gulag to be admonished for free speech. Anyone recall reading this! Twitter or RedState I’m thinking.
GM sells cars. Mercedes/BMW make cars.
Similarly:
“Biden”/Ukraine/Military Indistrial complex sell war.
Russia makes war.
Selling vs making: Results hitting the road soon!
For those in England who admire the monarchy, they should hope Charles doesn't last. William and his wife appear to take the royal role more seriously. Charles is a leftist fool who will diminish what his mother tried so steadfastly to uphold. A long reign by this doofus and his "queen" will only hasten the demise of The Firm.
Hmm…
Syria officially welcomed back into Arab League. There are conditions, but my guess window dressing.
https://thecradle.co/article-view/24524/syria-officially-welcomed-back-into-arab-league
Additional, Non pc, reasons for Productivity Decline:
4. Impact of vaccine injuries
5. Impact of jab fascism / requirements on employee morale.
6. PTSD in healthcare workers due to Covid. There is a Huge nursing shortage now.
7. Leaving by burned out workers due to Covid and Woke policies.
The economic situation will never, I mean never folks, get real here, be straightened out until and unless some difficult but necessary things happen. Governments must stop deficit spending. Speculation of all types must be curtailed. Unbalanced trade must be kept in check. Real, stable money must be in circulation. Criminals must suffer consequences. Productivity must be rewarded. Individual merit must be paramount. Property rights must be respected. Citizens must have all civil and human rights, not groups. Corporate entities must never have inherent rights, except for equal treatment under law.
I am not real into British royalty--too much of my heritage is Scots-Irish. (If you don't know what that means, hunt up the book on the Scots-Irish by Senator Jim Webb, "Born Fighting.") But this is the first time the Brits have had a king named Charles since the 1600s! There were good reasons why no one used that name. Charles I was one of the worst kings they ever had, and provoked a civil war. He finally ended up beheaded. His son Charles II managed to keep his head. But he had no legitimate heirs, and his brother James II got kicked off the throne after three years. An effort by James' grandson, "Bonnie Prince Charlie," to recover the throne in 1745 did not work out, and did not help the Stuart family reputation either.
In my lifetime, (I'm 73 years old) healthcare has evolved from doctors working out of small offices with one or two staffers, and hospitals that were local non-profits, to Big Business. My own primary physician had to give up his own practice; he now operates out of a clinic with half a dozen doctors and it seems like fifteen or twenty staffers. And the clinic is tied to a national chain of hospitals. And of course, the drug business is now known as Big Pharma. But we are also seeing the fruits of the decline in ethics that has been going on since the 1960s. It started with the Sexual Revolution, but it did not stop there. In the late '70s I was taking business classes at a branch campus of the University of Cincinnati. One day my accounting prof came into class fuming, and he opened up to us about why he was mad. The University was changing what it was teaching for business ethics--and he thought the changes were for the worse, not better. In the next few years, as older executives retired and were replaced with younger ones, I saw the results--and I got out of my old business and into something where I was dealing with homeowners. The work wasn't as steady, but I got paid more reliably.
The "doctors" who willingly mutilate children and call it "care" deserve to be treated as what they are - worthy of the needle. Or a firing squad.
https://www.zerohedge.com/geopolitical/god-save-free-speech-britain-celebrates-coronation-time-honored-tradition-arresting
"God Save [Free Speech]": Britain Celebrates Coronation With Time-Honored Tradition Of Arresting Anti-Monarchists
Jonathan Turley has his fun, too