Monday, September 26, 2022





from Stefan Molyneux:

Moral Outrage Over Low Wages: Canada Joins Trump With Threats of Walking Out on NAFTA

by Mish Shedlock, Mish Talk:

The threat of total abandonment of NAFTA took on a second front today as Canada’s biggest private-sector union said NAFTA should be scrapped if Mexico cannot agree to better labor standards.

Please consider Sharp Differences Over Labor Surface at NAFTA Talks in Mexico.

Tensions over sharp differences in pay between Mexican workers and their Canadian and U.S. counterparts surfaced on Sunday as negotiators discussed labor market rules in talks to overhaul the North American Free Trade Agreement.

Canada’s biggest private-sector union said NAFTA should be scrapped if Mexico cannot agree to better labor standards, clashing with Mexican business leaders who argued that workers rights were a matter for each country to resolve internally.

Mexican political and corporate leaders firmly resist demands to bring wages into line with U.S. and Canadian levels, arguing the big cost advantage the country enjoys over richer peers should decrease as economic development advances.

Labor union leaders in the two wealthier nations say laxer labor standards and lower pay in Mexico have swelled corporate profits at the expense of Canadian and U.S. workers, making resolution of the issue a major battleground of the NAFTA talks.

Jerry Dias, national president of Canadian union Unifor, said NAFTA had been a “lousy trade agreement for working-class people” and that the union was pushing his government to walk away from the talks if it could not secure them a better deal.

“If labor standards aren’t a part of a trade deal, then there shouldn’t be a trade deal,” Dias told reporters in Mexico City on the sidelines of a second round of negotiations to update the 1994 trade agreement among the three countries.

Bosco de la Vega, head of Mexican farm lobby, the National Agricultural Council, said more trade, not intervention in labor markets, was the best way for the region to grow economically.

“Mexico can’t interfere in the labor market issue in the United States and Canada. We ask the same: that they don’t interfere in these matters,” he told reporters at the talks.

Moral Outrage Over Free Trade

Are bad jobs at bad wages better than no jobs at all? Should the US demand third world economies pay “living wages”?

If so, and if countries don’t oblige, should the US impose tariffs so the US does not lose jobs to such countries?

This is what I think…

Moral outrage is common among the opponents of globalization–of the transfer of technology and capital from high-wage to low-wage countries and the resulting growth of labor-intensive Third World exports. These critics take it as a given that anyone with a good word for this process is naive or corrupt and, in either case, a de facto agent of global capital in its oppression of workers here and abroad.

But matters are not that simple, and the moral lines are not that clear. In fact, let me make a counter-accusation: The lofty moral tone of the opponents of globalization is possible only because they have chosen not to think their position through. While fat-cat capitalists might benefit from globalization, the biggest beneficiaries are, yes, Third World workers.

Workers in those shirt and sneaker factories are, inevitably, paid very little and expected to endure terrible working conditions. I say “inevitably” because their employers are not in business for their (or their workers’) health; they pay as little as possible, and that minimum is determined by the other opportunities available to workers. And these are still extremely poor countries, where living on a garbage heap is attractive compared with the alternatives.

And yet, wherever the new export industries have grown, there has been measurable improvement in the lives of ordinary people. Partly this is because a growing industry must offer a somewhat higher wage than workers could get elsewhere in order to get them to move. More importantly, however, the growth of manufacturing–and of the penumbra of other jobs that the new export sector creates–has a ripple effect throughout the economy. The pressure on the land becomes less intense, so rural wages rise; the pool of unemployed urban dwellers always anxious for work shrinks, so factories start to compete with each other for workers, and urban wages also begin to rise. Where the process has gone on long enough–say, in South Korea or Taiwan–average wages start to approach what an American teen-ager can earn at McDonald’s. And eventually people are no longer eager to live on garbage dumps.

The benefits of export-led economic growth to the mass of people in the newly industrializing economies are not a matter of conjecture. A country like Indonesia is still so poor that progress can be measured in terms of how much the average person gets to eat; since 1970, per capita intake has risen from less than 2,100 to more than 2,800 calories a day. A shocking one-third of young children are still malnourished–but in 1975, the fraction was more than half. Similar improvements can be seen throughout the Pacific Rim, and even in places like Bangladesh.

Why, then, the outrage of my correspondents? Why does the image of an Indonesian sewing sneakers for 60 cents an hour evoke so much more feeling than the image of another Indonesian earning the equivalent of 30 cents an hour trying to feed his family on a tiny plot of land–or of a Filipino scavenging on a garbage heap?

The main answer, I think, is a sort of fastidiousness. Unlike the starving subsistence farmer, the women and children in the sneaker factory are working at slave wages for our benefit–and this makes us feel unclean. And so there are self-righteous demands for international labor standards: We should not, the opponents of globalization insist, be willing to buy those sneakers and shirts unless the people who make them receive decent wages and work under decent conditions.

This sounds only fair–but is it? Let’s think through the consequences.

First of all, even if we could assure the workers in Third World export industries of higher wages and better working conditions, this would do nothing for the peasants, day laborers, scavengers, and so on who make up the bulk of these countries’ populations. At best, forcing developing countries to adhere to our labor standards would create a privileged labor aristocracy, leaving the poor majority no better off.

And it might not even do that. The advantages of established First World industries are still formidable. The only reason developing countries have been able to compete with those industries is their ability to offer employers cheap labor. Deny them that ability, and you might well deny them the prospect of continuing industrial growth, even reverse the growth that has been achieved. And since export-oriented growth, for all its injustice, has been a huge boon for the workers in those nations, anything that curtails that growth is very much against their interests. A policy of good jobs in principle, but no jobs in practice, might assuage our consciences, but it is no favor to its alleged beneficiaries.

You may say that the wretched of the earth should not be forced to serve as hewers of wood, drawers of water, and sewers of sneakers for the affluent. But what is the alternative? Should they be helped with foreign aid?

And as long as you have no realistic alternative to industrialization based on low wages, to oppose it means that you are willing to deny desperately poor people the best chance they have of progress for the sake of what amounts to an aesthetic standard–that is, the fact that you don’t like the idea of workers being paid a pittance to supply rich Westerners with fashion items.

In short, my correspondents are not entitled to their self-righteousness. They have not thought the matter through. And when the hopes of hundreds of millions are at stake, thinking things through is not just good intellectual practice. It is a moral duty.

Purposeful Plagiarism

I need to point out that everything above following “This is what I think…” was not written by me (but it does reflect my exact beliefs).

Believe it or not, Paul Krugman wrote that, and here is the link: In Praise of Cheap Labor.

Krugman wrote that before he lost his mind.

Read More @

WHY are banks Too Big to Fail & Too Big To Jail


by Martin Armstron, Armstrong Economics:

There is something much more sinister going on behind the curtain. I have warned that you really are taking your life in your hands doing business in New York City with a bank because NOBODY ever wins against the bankers no matter what they do. This begs the question about why are banks paying huge fines, yet nobody goes to jail, and there is never a trial while class action suits are summarily dismissed? Something is seriously wrong here. To discover the answer, as always, just follow the money!

Back in 2003, Judge Milton Pollack dismissed two class action suits against Merrill Lynch for putting out bogus research during the DOT.COM Bubble after the investment bank plead guilty and paid huge fines. Judge Pollack wrote a 43 page decision protecting banks even when they produce intentional fake research. The judge said that investors were eager to take that risk and were to blame for their own losses. Pollack then dismissed another 25 lawsuits against the bankers. Similarly, another judge dismissed suits against Credit Suisse First Boston, Goldman Sachs, and Morgan Stanley. Why is it impossible to sue the bankers in America where justice is supposed to exist for all?

So why are the banks paying huge fines but then nobody can sue them? An inside source coming from a lawyer who worked internally at a bank, explained that the New York Attorney General simply walks into his office and informs them they will hand over $1.2 billion in fines and he does not care about defenses or the rule of law. It is plain criminal extortion.  The bankers pay these fines because they cannot afford to go to trial and lose for then class action lawsuits from depositors and shareholders will bury the institution. So the judges are in on the scam and class action lawsuits are dismissed with absurd reasoning and the government makes billions in the process. Hence this corruption (1) leads to too big to jail and (2) it merely encourages bankers to do whatever they desire knowing they will pay a small percentage of what they make.

Read More @

BOMBSHELL: FBI searched Russian diplomatic properties looking for EXPLOSIVES


by Adam Garrie, The Duran:

Russia’s Foreign Ministry Spokeswoman Maria Zakharova has revealed a shocking revelation that as US authorities, including the FBI searched Russian diplomatic and consular compounds in contravention of the Vienna Conventions, they were on a mission that was utterly surreal.

Zakharova has stated that the FBI agents were searching the compounds for explosive devices, something more common in the hideout of terrorist groups than in the embassies and consular properties of large states.

During an interview on Rossiya One television, Zakharova described the incident in the following way,

“By the way, do you know, what they were looking for – as we were told before the searches? You would not believe it – they were looking for explosives”.

She continued, stating that against what would have been a natural reaction of anger, the Russian representatives had to act calmly in the face of a grave insult in order to preserve a reputation of dignity in the face of great odds, so as not to be seen by US based MSM as “aggressive Russians”.

“Just try to imagine that you are being brainwashed for a year that an enemy is living overseas and this enemy is impacting your life and everything bad that might happen – the election of a president you don’t like – has been done by the Russians.

On September 2, black cars with FBI and State Department officers rolled up to our consulate general in San Francisco and they came into the building.

A day before, the directorate chief said that if the doors of our diplomatic compound, which is our property, were closed they would be broken. More to it, a car of a private company specialising in forcing open doors, locks and safes drove to our trade mission in Washington.We have posted this video in the internet.

I don’t know how our diplomats could find nerve enough to open the doors and be polite”.

The US actions against Russia not only contravene international law and historic diplomatic protocol, but the new revelation that the US authorities seriously thought that Russian diplomats were housing explosive devices in their properties is simply a ludicrous accusation with no bearing on reality.

Read More @

Japanese Doctor Who Studied Longevity (And Lived To 105) Reveals The Secrets To A Long Life


by Amanda Froelich True Activist:

Dr. Hinohara spent his life studying longevity and lived to 105 years of age. Here are some of his tips to living a long, healthy life.

If you desire to live a long, healthy life, you won’t want to miss what Japanese doctor Shigeaki Hinohara touted as the “secrets” to living a long life. The physician would know, as he helped build the foundations of Japanese medicine, studied longevity and even lived to the ripe old age of 105.

Hinohara, who died on July 18, 2017, was the chairman emeritus of St. Luke’s International University and the honorary president of St. Luke’s International Hospital. In an interview with Judit Kawaguchi of Japan Times on the topic of longevity, he recommended several basic guidelines for longevity. One of them is to retire later on in life.

1) Retire later in life

Because people are living much longer — particularly in Japan, Dr. Hinohara claims they should be retiring later, as well. The physician took his own advice to heart. Months before he died — even at the age of 105-years-old, Hinohara continued to treat patients, reports The Independent. He kept an appointment book with space for five more years and worked up to 18 hours a day!

“He believed that life is all about contribution, so he had this incredible drive to help people, to wake up early in the morning and do something wonderful for other people. This is what was driving him and what kept him living,” Kawaguchi told the BBC. “He always had today’s goals, tomorrow’s, and the next five years.”

2) Have more fun

Other guidelines recommended by Hinohara include worrying less about eating well or getting enough sleep and spending more time having fun. “We all remember how as children, when we were having fun, we often forgot to eat or sleep. I believe that we can keep that attitude as adults, too. It’s best not to tire the body with too many rules such as lunchtime and bedtime,” said Hinohara.

3) Eat right, stay trim

The Japanese researcher also advised against being overweight. His own regime was quite strict: “For breakfast I drink coffee, a glass of milk, and some orange juice with a tablespoon of olive oil in it,” said Hinohara. “Olive oil is great for the arteries and keeps my skin healthy. Lunch is milk and a few cookies, or nothing when I am too busy to eat. I never get hungry because I focus on my work. Dinner is veggies, a bit of fish and rice, and, twice a week, 100 grams of lean meat.”

4) Question everything — including your doctor’s advice

Even though Hinohara was a doctor, he told patients to do their own research and listen to their own intuitions. “When a doctor recommends you take a test or have some surgery, ask whether the doctor would suggest that his or her spouse or children go through such a procedure,” he said. “Contrary to popular belief, doctors can’t cure everyone. So why cause unnecessary pain with surgery? I think music and animal therapy can help more than most doctors imagine.”

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True: California city will pay gang members to remain peaceful


by Jon Rappoport, No More Fake News:

This isn’t a satire on ultra-liberal California.

FOX News 40 reports: “After a violent weekend of suspected gang-related shootings, Tuesday the Sacramento City Council took action to reduce the bloodshed.”

“It approved a controversial program called Advance Peace, which offers cash stipends to gang members who remain peaceful.”

“The program targets key gang agitators, offering them cash stipends to graduate [from] school and remain peaceful…But the city would still have to pay half the cost of the program, $1.5 million out of the city’s general fund.”

In other words, Sacramento, the capital city of the state of California, has surrendered.

Investigations, arrests, prosecutions, and prison sentences won’t cut it.

Here is the scenario that comes to mind. A suburban teenager on the outskirts of the city shows up in his parents’ living room one day with the tattoo of a grinning skull on his neck.

“Don’t be upset,” he says. “I’m joining a gang. I’ll still get good grades in school, but when I graduate, the city will give me a cash prize. I can use the money to start my own tech firm in our garage…”

But this is piddling stuff. Let’s go all the way to Governor Jerry Brown’s office. Let’s have a state-wide “advance peace” program. The state, which is already $500 billion in debt, when you add in unfunded future liabilities, could throw a billion dollars into a pool.

Over a period of, say, five years, the money would be doled out to gangs, based on their performance. Subtract $250,000 for every gang killing in the state, $125,000 for every wounding, $10,000 for every property crime, $1000 for every drug bust. Whatever is left over for the gangs is their gravy.

Eventually, through negotiation, replace the California legislature and governor with gang members. Let them run things.

I’m just trying to be helpful. I see the direction policy is taking, and I want to give it a boost and quicken the pace.

After all, when gang members end up taking over the state government, all gang crime would cease.

It would be reclassified as government corruption.

Pop the champagne corks. Problem solved.

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Hitler’s ‘Brown Shirts’ Were Oddly Similar To Antifa’s Tactics And Methods Today- The Rise of Antifa Nazism


by Susan Duclos, All News Pipeline:

“I admit that I have always harbored an exaggerated view of self-importance — to put it bluntly, I fancied myself as some kind of god.” This opinion was confirmed in 1993, when George Soros told the British newspaper The Independent, “It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.”

As the mainstream media becomes more militant as their influence over the American polulance wanes, they have spent over a year attempting to encourage Antifa groups violence by justifying and excusing their behavior with claims that Antifa groups are standing up against “White Supremacists,” while they label anyone that disagrees with their communist ideology and violent methods, as a “neo-nazi.”

The truth, in contrast, is that Antifa uses the same methods and tactics that Hitler’s “Brown Shirts” did.


Keeping in mind that Antifa uses violent methods to suppress free speech by conservatives for political purposes, which are fascist methods, and the same methods used by Hitler’s ‘Brown Shirts,’ while claiming to be anti-fascists, what is even more disturbing, heard in the video below is that an Antifa member, speaking to crowd which includes members (seen on the back of a shirt at the 7:36 minute mark), the speaker who claims to be a U.S. military veteran, directly quotes a number of statements to incite the crowd, to justify their “anti-capitalism” ideology.

The first quote the speaker reads off of his device, word for word, is “We are socialists. We are enemies, deadly enemies, of today’s capitalist economic system with its exploitation of the economically weak, its unfair wage system, its immoral way of judging the worth of human beings in terms of their wealth and their money, instead of their responsibility and their performance, and we are determined to destroy this system whatever happens!”

The quote itself is not surprising coming from a group that espouses communist, socialist, and anti-capitalism ideology, but what the speaker never bothered mentioning to the crowd, is that the quote is attributed  Gregor Strasser, a prominent member of the Nazi partyuntil he became a rival to Adolph Hitler and was murdered in 1934. (Some also attribute this quote to Hitler himself)

The next quotes the Antifa speaker uses are directly from Adolf Hitler, which includes “Benefit to the community precedes benefit to the individual. But the state should retain supervision and each property owner should consider himself appointed by the state. It is his duty not to use his property against the interests of others among his own people. This is the crucial matter.”

What the speaker left out of that quote, was the ending “The Third Reich will always retain the right to control the owners of property.” He begins the next quote, by neglecting to use the words “Third Reich” and instead replaces it with the “The “American Nation” will always retain its right to control to control the owners of property,” in an attempt to conflate Hitler’s terminology with American capitalism.

He then goes on to use six more Adolf Hitler quotes.

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$10,000 or more gold price doesn’t need a failure in currencies to occur if it soon comes to back oil trade instead

by Kenneth Schortgen, The Daily Economist:

As central banks have gone on to expand money supplies to unthinkable levels over the past 17 years, many analysts in the gold space have discussed the possibility of returning sovereign currencies to a gold standard because debt levels have simply gotten too high.  And with these hypotheses have also come conjectures on just how much the price of gold would have to be raised to backstop the world’s nearly $250 trillion of debt.

But yesterday saw a much different scenario hit the financial world, and one that could completely change or eradicate the long-standing petrodollar system that protects America’s dollar hegemony.  And this scenario is coming out of China and offers the potential for a gold standard not coming from the backing of sovereign currencies and fiat debt, but from what many consider the one true currency that is needed to run every aspect of the global economy.


China is expected shortly to launch a crude oil futures contract priced in yuan and convertible into gold in what analysts say could be a game-changer for the industry.  

The contract could become the most important Asia-based crude oil benchmark, given that China is the world’s biggest oil importer. Crude oil is usually priced in relation to Brent or West Texas Intermediate futures, both denominated in U.S. dollars.  

China’s move will allow exporters such as Russia and Iran to circumvent U.S. sanctions by trading in yuan. To further entice trade, China says the yuan will be fully convertible into gold on exchanges in Shanghai and Hong Kong. – Nikkei Asia via The Daily Economist

Interestingly, using oil production as a benchmark for gold rather than trying to correlate a gold price for the hundreds of different sovereign currencies that do not all move in tandem is a much more stable measure since the only two variables in play are the amounts of gold and oil produced each year.  And from there all you would have to do is use the gold to oil ratio to determine price.

As of late 2016 oil was a $1.72 trillion market, with gold production being only a $170 billion one.  This equates to an Oil to Gold ratio of approximately 10.12:1.  And at the current gold price of $1320, it would mean the price would have to multiply by that amount ($13,355) to be in line with a fair price value to backstop the energy sourse in an oil contract.

If you think about it, oil has been the global reserve currency since 1973 when the United States dollar went off the gold standard, and instead measured its value in relation to oil.  So for the past 44 years oil has been the true global reserve currency, and all sovereign currencies simply measure themselves on that commodity.

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WATCH: DNC Fraud Lawsuit Provides Update, Hope


by Elizabeth Vos, Disobedient Media:

Disobedient Media previously reported that the DNC Fraud lawsuit had been dismissed by Judge Zloch. Today, Elizabeth Beck, one of the attorneys for he plaintiffs in the case against the DNC, posted a video update on the suit’s status via social media. The update provided hope for supporters and plaintiffs in the case for the potential that the litigation might continue through the appeals process.

Beck explained that as judge Zloch had dismissed the case on jurisdictional issues, a new case brought in a separate court could potentially use his ruling as “persuasive evidence.” She cited rule four of the civil rules of federal procedure, which she explained states that in a civil case, the notification of appeal required by rule three must be filed with a district clerk within 30 days after entry of the judgement that the order appeared from. She explained that the thirty days will b concluded on September 24th 2017, approximately 3 weeks from now.

Elizabeth Beck went on to say that if no notice of appeal is filed by that time, then there would be no appeal. She recognized that many members of the public have expressed their desire for the case to continue, adding that it is the most viable route going forward, as opposed to new cases being filed. Beck noted that at present there are three law firms involved in this suit, including Beck and Lee. She stated that Cullin O’brien, a Harvard Law grad, and Tony Hernandez are both solo law practitioners with their own firms.

She explained that because of the usual terms of plaintiff’s contingency lawyers, the Becks have not been paid throughout the case; Beck emphasized on this point that her statement in that regard was not a complaint, but simply the normal routine procedure in this type of suit. Elizabeth Beck further explained that since the case had been dismissed, no copycat cases had been filed anywhere in the country. She said that the lawyers involved in the suit are in no way obligated to take the case further, and that they have never solicited donations to fund this case; it is not the way plaintiff’s contingency cases work.

However, Beck then stated that Jared Beck is in the process of writing a book, which will be in response to Hillary Rodham Clinton’s upcoming publication titled ‘What Happened,’ in response to her loss to Donald Trump in the 2016 Presidential race. Due to the likely lack of content on the DNC lawsuit, the Becks considered it necessary to write a response to this text, and are in the process of finding a publisher for the book.

Beck stated that the proceeds of the book would serve as a legitimate way to fund the DNC lawsuit through appeals, if need be, to the Supreme court of the United States. She emphasized repeatedly that this is not considered to be soliciting donations.

Beck went on to state that members of the class are welcomed to submit their stories, which would be welcomed as inclusions in the text.

Disobedient Media will continue to provide coverage of this important ongoing story as it unfolds. The update can be viewed below:

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Top Democrat Tim Kaine’s Son Is an Antifa Member – Congratulations Tim, You’ve Raised a Terrorist


by Jim Hoft, The Gateway Pundit:

FOR OVER A YEAR conservative Americans and Trump supporters have been assaulted, spit on, beaten, cold-cocked, egged, chased, tackled and bloodied  for attending Trump rallies and conservative events.


Just last month members of a Patriot Prayer group canceled their rally but a few supporters turned out anyway.
That’s when hundreds of alt-left Antifa protesters rioted.

An army of violent left-wing Antifa terrorists wearing all black, covering their faces with masks terrorized Trump supporters and chased them while trying to steal their phones and cameras. Police did not step in to stop the violence.

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Smoke Pours from Russian Consulate as Secrets Burn – Firemen Rush to Scene


from Russia Insider:

Russian diplomats began torching evidence shortly after the US announced it would search the San Francisco premises with almost no advance warning.

Scroll to the bottom of the article for more great spy vs. spy hijinks from the RI archives. You won’t believe it!

Welp, it’s spy vs. spy in San Francisco, as the US spy-catchers, – that would be the FBI, as anyone watching ‘The Americans‘ will know – close in on their Russian prey.

Events took a comical turn when the Russians created so much smoke from incinerating golly-knows-what in the fireplace, usually the scene of cozy vodka sing-alongs, that alarmed neighbors called the fire department – who rushed to the scene.

But the embassy employees told the brave first responders they couldn’t come in, that everything was under control, just a little evidence destruction, all in a day’s work for Russia’s finest.

This mad scramble to clear out is not just because the US suddenly announced they were going to do a flash search, but also because the diplomats are getting kicked out on short notice – they have to be out by tomorrow, and were only given a couple days notice.

That’s not very diplomatic – they could have given a couple weeks notice at least.

  Drats, they got away again! Stan Beeman, the FBI agent who never notices the Russian spies right under his nose in ' The Americans '
Drats, they got away again! Stan Beeman, the FBI agent who never notices the Russian spies right under his nose in ‘ The Americans ‘

No doubt there was a lot of stuff that had to be torched, hard drives to be smashed and acid-washed Hillary-style, that sort of thing.  Zerohedge has some insight into the situation:

It remains to be determined if the NYT or the WaPo will report some time around 7pm on Friday, citing unnamed NSA/CIA/Deep State sources, that among the items burned were Donald Trump’s official KGB recruiting papers, videotapes of the president enjoying golden showers from Russian hookers and, of course, a first lien on the US granted to Vladimir Putin.

Read More @ Russia-Insider.,com