#lockherup

The NY Times lectures Americans about child rearing

7AABD4A6-F25B-4A70-BFFA-4619267685C4.jpeg

Ahh, The New York Times. No sooner had it justified the hiring of a white/male/cop hating (torn asunder if one should be all three) and newly discovered NYT loathing editor in Sarah Jeong, it went out to lecture Americans on the importance of enforcing morals when raising children.

Should we pay attention when the openly homophobic NYT, a paper whose masthead endorses everything it claims it isn’t, points fingers? So who in its view would it prefer as a role model to have American parents instill such virtues in their kids? As opinion writer/photographer Damon Winter wrote, “What is it like to see young people exposed to so much anger? Heartbreaking.

While the tear-jerking article is best read to a sorrowful violin, let’s see some of the positive role models and people of integrity the paper rarely calls into question. Those from the left which the NYT might champion as possessing the higher moral code somewhat missing in Trump voters. Here are 15 options they may consider…

1. Sarah Jeong – white, male, police, NYT hating racist ? As a NYT employee she’s been vetted.

2. Peter Fonda – who thought Barron Trump should be locked in a cage with pedophiles?

3. Samantha Bee – who is comfortable calling Ivanka a feckless c*nt who should sit in a short skirt on her daddy’s lap to change his policy?

4. Johnny Depp  – who said it’s been a while since an actor assassinated a president?

5. Madonna – who threatened to blow up the White House?

6. Michelle Wolf – who thinks its funny to celebrate abortion or characterise Sarah Huckabee Sanders (SHS) as a fat softball playing lesbian Uncle Tom for white women? Say what happened to being PC?

7. Kathy Griffin – who held a bloodied decapitated head of Trump and then complained it was unfair that Trump ruined her career? Apologised, retracted it and complained again that she wanted pay equality despite her self inflicted stupidity causing her career to be in the dumps.

8. Maxine Waters – who suggested Americans should openly attack Trump admin officials in public after SHS was kicked out of the Red Hen restaurant?

9. Snoop Dogg – who shot POTUS in a music video?

10. Robert DeNiro – who wants to punch Trump in the face? Or the standing ovation he received for saying “F*ck Trump

11. Joy Behar – who is comfortable suggesting devout Christians are mentally ill?

12. Whoopi Goldberg – for supposedly calling Jeannine Pirro a “sand n*gger”?

13. Jim Acosta – CNN reporter who can’t take a fraction of what he dishes out and expects SHS to apologize for someone else’s beliefs? Or for asking inappropriate and irrelevant questions during the Kim summit?

14. Joe Biden – former VP who threatened to punch Trump behind the school shed?

15. Or perhaps put forward all the Hollywood celebrities who threatened if Trump became president to leave America but never did?

There is no question there are some highly unsavory characters on both sides of partisan politics. Yet to sandbag all 63mn who voted for The Donald as racist, bigoted and uneducated deplorables with questionable child raising children abilities re-inforces why liberals will have such a hard time convincing people they actually stand for something. If the Dems lose the mid-terms then it must be Russian meddling again, not their unhinged lunacy.

Until the left acknowledge they have a major problem with their image (especially as they go ever more socialist) they’ll struggle to convert many to their side. Last week even Maduro in Venezuela said socialism has been a massive failure.

There is a certain hollowness to Trump celebrating  his 50% approval rating (higher than Obama’s at the same stage). Reality is that Macron, May, Merkel, Trudeau and Turnbull dwindle in the mid 20-30s.

Despite such constant overwhelmingly negative media bias dished out to POTUS, just how badly can the mainstream media be misreading the mood of the people? The more negatives they hurl, the higher his support. The more effusive praise breathed on other world leaders, the more damage is done to their popularity. What gives?

It isn’t that Damon Winter doesn’t make a valid point about the importance of teaching all children good manners and ethics, it is a bit rich coming from a paper that has virtually no moral compass whatsoever. When The NY Times walks the talk it maybe worth paying attention.

No reason why it shouldn’t convert from a broadsheet to a tabloid to keep up with its new found image of ignoring every aspect of ethics it so willingly pushes on the rest of us.

Playing down a mass suicide note

DBF08B43-5A75-4B8D-879B-AF4EFD3B0204.jpeg

With the release of the Nunes memo, do top Democrats honestly believe that such collusion by the DNC with the nation’s judiciary and intelligence services doesn’t expose the hypocrisy of a party which proclaims its platform is all about equality and liberal ideals? Does it not expose that these politicians are only in it for themselves? Is it any wonder the Democrats are proclaiming this memo is ‘misleading’ or worse that Americans are too stupid to understand the memo? On reflection they probably had wished they’d stood and applauded during the SOTU address instead of childish frowns of bitterness and playing Candy Crush on their smartphones.

While many Americans probably suspected corruption (so brilliantly conveyed in ‘House of Cards’) for decades, they have had it transparently confirmed.  The DNC hope was that the illegal and doctored FISA application would sink Trump as a candidate and lock in a Clinton White House. By then the scam could be lost as easily as 33,000 emails. Power corrupts. Absolute power corrupts absolutely.

Who could forget Bill Clinton’s chance meeting on a Phoenix tarmac with Attorney General Loretta Lynch the day before her testimony on Hillary’s email scandal? Did anyone honestly believe they just talked about grand children? Lynch downplayed the severity of the private server as ‘careless’. Conservative watchdog Judicial Watch has found 30 pages related to the encounter at the FBI, after being caught for hiding them in another lawsuit.

Obama was front and centre of the Clinton campaign. Hillary caught the jump seat on Air Force One numerous times. Are we to believe that this dossier was never discussed on board? That Obama, so obsessed with protecting his legacy,was in no way complicit in making sure Trump wouldn’t get in the Oval Office?

If we go back to mid 2006, news broke that the NSA was tracking the calls and emails of tens of millions of Americans to create  the “largest and most comprehensive database ever assembled in the world.” In the summer of 2007, the Bush administration pushed FISA amendments known as the “Protect America Act” through Congress which authorized the surveillance of any phone call or email by any American suspected of ‘suspicious dealings’ with ‘foreigners’.

As a presidential candidate in the 2008 election, Senator Barack Obama pledged that there would be “no more illegal wiretapping of Americans”. Post the election win, Obama reversed his position and continued the Bush-era surveillance via FISA. Obama’s Department of Justice aggressively defended court challenges from anyone who suspected their phone calls or emails had been illegally traced.

In his last days as president, Obama authorized the NSA to share its volumous databank on Americans with other federal agencies, opening a can of worms for politicians to dig up dirt. Talk about muddying waters in an already dirty swamp. This seems like a move that could badly backfire if a cleaning house of the FBI and DOJ is undertaken. What option has the president but to do it? What better way to talk of transparency to the American people than lop heads of such duplicitous people.

Therein lies the problem. When the state’s own intelligence services are working so closely hand-in-hand with political parties to keep dynasties alive one has to question democracy. Despite Wasserman-Schulz stabbing Sanders in the back, a mainstream media overwhelmingly behind Clinton, a p*ssy grabbing opponent, we now learn that not even a dossier paid for by the DNC in cahoots with the FBI and DOJ to cheat FISA got Democrats across the line – what a hatchet job.

Even Turkish President Erdogan would blush at the level of ‘duplicity’ of this scandal. This is abuse of power on an industrial scale.  One wonders whether the often made claim that the ‘Obama administration was one without scandal’ maybe tarnished with one of the worst. We haven’t heard the last of this.

Lock’em up – Prisons in America – The facts

C6653A02-60BE-4317-8A77-607B35574A20.jpeg

The Nation reported that the number of privately run prisons is on the move under Trump. At the moment private prisons make up around 5% of the 2.3mn prison population at present. The US now spends $90bn every year to incarcerate these jailbirds or around $39,000 a head (similar to Japan). According to the Bureau of Economic Analysis we had a lull in expenditure on jails after the Lehman collapse. Indeed several states were releasing ‘lower’ risk criminals from prison in order to cut their deficits. This has driven the growth in private prisons.

5571D28E-0244-4470-88E2-1613CB739ECC.jpeg

According to The Nation, “18 states spend more on incarceration than on higher education, and one study found that the total cost of incarceration, including social costs, adds up to $1 trillion. One point seven million children in the United States have a parent in prison, more than 70 million Americans (about one in three) have a criminal record, and those enormous impacts are suffered unequally: While African Americans are about 13 percent of the US population, they make up 37 percent of the male prison population.

The Nation highlights also that “these private prisons are important to understand and discuss because, while only about 8 percent of the current state prison population is housed in for-profit facilities, about 18 percent of those behind bars in the federal system are in these prisons, and over 60 percent of immigration-detention beds are operated by these corporations” the newspaper is overstating the performance of the stocks. While indeed the largest company, CoreCivic (CXV0 rallied off the election it has none-the-less returned to earth.

D96D12E2-16B4-4321-977A-AFB7ED07F642.jpeg

Also earnings whether in revenue or profit terms actually peaked under Obama’s administration.

4A45D78C-8273-48EE-8B77-C68B729CC3A1.jpeg

While the numbers are horrific in themselves, incarceration in the US costs the equivalent of the Slovak Republic’s GDP.

On public safety alone the US is now spending $375bn p.a or the equivalent of Austria or just over half what the country outlays on defence. So combined the US spends $1 trillion per annum on ‘protection.

The Nation also notes, “The Trump administration appears to be focused on expanding the number of undocumented individuals who are detained behind bars in this country. For one, his administration requested more than $1.2 billion [in reality a 1.3% increase] in the 2018 federal budget to expand detention capacity to more than 48,000 beds a day. To put this into perspective: According to ICE, the current daily capacity ranges from about 31,000 to 41,000. And in April, the administration handed GEO group a $110 million contract to build and run a 1,000-bed detention center in Conroe, Texas. And, most recently, ICE issued “requests to identify,” which are basically pre-requests for proposals, from contractors who can house immigrant detainees in South Texas as well as in the interior of the country in places like Chicago, Detroit, and Salt Lake City.

As a reference the border wall is priced at around $10bn.

As an investment, perhaps the US private jails look a bit oversold with the hype immediately  post the election behind us. At 13x P/E for CVX perhaps a turnaround in its earnings potential is ahead of us and a discount to the market with minimal downside risks make it a proper bricks and mortar investment. The above forecasts look reasonably conservative.

Who will do the bidding to accommodate Mrs Clinton? Perhaps a premium will be warranted.

40CA11BA-26BE-4278-B0E2-167757090E6B.jpeg