The Great Taking: You Really No Longer Own Your Securities, and You Could Also Lose Your Freedom By Janet Levy

https://www.americanthinker.com/articles/2024/01/the_great_taking_you_really_no_longer_own_your_securities_and_you_could_also_lose_your_freedom.html

Under a veil of benevolence, the Great Reset engineered by the World Economic Forum (WEF), aims to shift wealth from individuals and small businesses to global organizations controlled by the elite.  As part of this agenda, a revamping of the financial system has been underway for – believe it or not – over half a century, says David Rogers Webb in his recent book The Great Taking and its accompanying documentary.

Webb’s research and insights demonstrate that the WEF’s dubious catchphrase You’ll own nothing, and you’ll be happy already has risky implications for investments in securities, mutual funds, pension funds, and the like. Investors, he shows, are no longer ‘owners’ of securities; they are only ‘unsecured creditors.’ Besides, investments are vulnerable to the vagaries of the opaque derivatives market.  If the system collapses – he says this is inevitable – investors will not only lose money, they will receive no compensation.

This is the ‘Great Taking’ of the title, the beginning of the end of property rights, deemed the bedrock of prosperity by our Founding Fathers and enshrined in the Constitution.  We no longer really own shares; soon, we no may longer own anything.

Having been an investment manager for decades, Webb has a keen understanding of the markets and the intricacies of the financial system.  He realized early on that Wall Street was out of sync with Main Street: money creation by the Federal Reserve, a privately owned institution controlled by large private banks, dwarfed real economic activity.  The movement of financial markets is in fact steered by private banks and big investment firms.

Re-Envisioning the University Cultivating a new breed of moral intellectual. Jason Hill

https://www.frontpagemag.com/re-envisioning-the-university/

A few weeks ago, a parent wrote to me asking if I could recommend at least a dozen non-woke and ideologically uncompromised schools for her son to attend in the United States. She, her husband, and her son had been researching for eighteen months. They found only three schools. I thought about her dilemma and began my own investigation.

After two weeks I told her, sadly, that I could not make any good-faith recommendations. Any school I might recommend today could and, in all likelihood, would go the corrupt route in a year’s time. I identified five schools I would have recommended enthusiastically two years ago. Predictably, they are as left-leaning, woke, and egregiously anti-American and anti-Western Civilization today as one could ever have imagined. The idea pathogens suffusing our culture and universities as of today have no fool-proof inoculants. I advised her to find a college whose faculty appeared to have consistently produced old-fashioned scholarly work over time. Look at the syllabi of professors in the discipline your son wants to pursue and keep your fingers crossed, I added. She thanked me, and then asked me if the universities were burning down that fast.

Yes, I responded. I’m afraid the institutions are burning at an unprecedented rate. The radical professoriate, the bloated and totalitarian bureaucratic administrators, and their ventriloquists—the student rebels—have already lit the fires. It is not a passionate creative fire that lights the way and inspires the soul to new and visionary heights; rather, it is a nihilistic and rageful fire that burns everything of value in its path because it is of value, and it is foundational and universal. That raging fire is selectively destructive.

And what is the goal of such intellectual arsonists? To annihilate the social goods, the values and the principles that make us virtuous, and human. The goal is not primarily the destruction of our republic or of Western civilization. It is the destruction of the humanity of each individual and the concomitant creation of the post-human or trans-human. Such creatures are existential antipodes to the concept of civilization (any civilization) as such. Civilization will not die apocalyptically, but it will be bled to death by thousands of tiny scratches via the death of each individual as his or her humanity is slowly eviscerated by the putrefaction, the rot, the corruption, the indoctrination, and the razed agency of those who will not think and dissent from received wisdom and codified orthodoxy.

2024: Freedom or Tyranny? The struggle comes down to the question of authority. Bruce Thornton

https://www.frontpagemag.com/2024-freedom-or-tyranny/

Ever since consensual governments were invented in Greece 2700 years ago, one question has been repeatedly debated: Are citizens, no matter their birth, wealth, or brains, capable of managing the political community? Or must we rely on “managerial elites,” whether aristocrats, plutocrats, or technocrats, to control collective power and determined the actions and purposes of the state?

But this question has always had a corollary one: Freedom or Tyranny?

This debate has been going on since ancient Athens, and ultimately influenced the creation of the  United States. The Founders created the unprecedented structure of our Constitutional order to avoid the various excesses of the old regimes, especially those ruled by elites, which typically degenerated into tyrannies. The ultimate goal of the Founders was to avoid both the tyranny of the elite few, and the tyranny of the volatile many, both of which are toxic for freedom.

The rise of the leviathan federal government and its technocratic agencies, and its expansion under Woodrow Wilson, FDR, LBJ, and subsequent presidents from both parties, has now under Joe Biden’s Potemkin Administration reached a level of intrusive power that if left unchecked much longer, will end up in full-blown tyranny.

On November 5, 2024, we the people will have a chance to impose a reckoning on the Biden regime that, in addition to egregious policy failures both at home and abroad, has brought us dangerously close to tyranny.

The struggle between freedom and tyranny comes down to the question of authority, or as Lewis Carroll’s Humpy Dumpty put it, “which is to be master—that’s all.” Hence all aspiring tyrannies seek to aggrandize authority and neutralize or demonize alternative sources. That’s why the progressives at the turn of the 20th century started targeting the Constitution, our supreme political authority.

Campus Idleness Has Bred Extremism By Frederick M. Hess

https://www.nationalreview.com/magazine/2024/02/campus-idleness-has-bred-extremism/?utm_source=recirc-desktop&utm_medium=homepage&utm_campaign=river&utm_content=featured-content-trending&utm_term=second

This article appears as “Idle Minds” in the February 2024 print edition of National Review.

The political consequences of campus sloth

‘Don’t these people have something better to do?” It’s a question I’ve been asked repeatedly in recent years as students and faculty at prestigious colleges have beclowned themselves.

In the wake of Hamas’s barbaric assault on Israel, the moral turpitude on campus has gotten the lion’s share of attention. But there’s something that gets far less attention than it deserves: How do these people have the energy to carry out this insanity? Where do students at Stanford, Columbia, Princeton, Cornell, MIT, and Yale find the time to tear down posters of kidnapping victims, bully fellow students, cheer calls for genocide, conduct sit-ins, and make all those pro-Hamas posterboard signs? Don’t they have classes to attend and work to do?

The surprise is that these students don’t have all that much work to do. Many are bored, and all that time on their hands may give them an appetite for mischief. Many are lonely. The surgeon general recently warned about an American “epidemic of loneliness and isolation,” particularly among those ages 15 to 24. In that age group, time spent in person with friends has plunged by 70 percent since 2003, down to an average of 40 minutes a day in 2020. College-age youth are spending five or six hours a day online, surfing videos, gaming, and scrolling social media. And few have jobs. In the 1980s, 40 percent of America’s college students worked full-time (35 hours or more); by 2020, that figure had fallen to one in ten. There’s also been a substantial decline in students working part-time. In 1995–96, 42 percent of undergrads held part-time jobs (34 hours or less). By 2018, that number was down to 30 percent.

The restlessness is less pervasive at regional institutions and community colleges, where students are far more likely to attend part-time, live at home, be older, and have kids or jobs. Among community-college students, nearly a third work more than 30 hours a week and 15 percent have two or more jobs. Students are far less likely to hang out in dorms or on a manicured quad and are more focused on transportation, work schedules, and child care. At these institutions, the vibe is more about getting down to business than gearing up for trouble: Busy students just don’t have as much leisure for performative rebellion. Tellingly, the National Association of Student Personnel Administrators’ report on “Advancing Racial Justice on Campus” quoted an official at one “commuter school” who fretted that, absent “formal outlets set up for consultation, support, or awareness of what advocacy can be,” busy students will “just go home at the end of the day.”

The nation’s 200 or 300 elite colleges and universities constitute only a small slice of American higher education, but they have an outsized impact on the nation’s culture — and serve as the pipeline to America’s executive suites, law firms, and elected offices. At Harvard and similar schools, some 98 percent of undergraduates live on campus, basting in a progressive hothouse where there’s a patina of intense busyness but not much actual work. This is a recipe for alienated, aimless students to fuel the toxicity that has seeped out from colleges and into American institutions.

Remembering the Worst Media Misses of 2023 By Brittany Bernstein

https://www.nationalreview.com/news/remembering-the-worst-media-misses-of-2023/

Media Drop the Ball on Israel–Hamas War –- Again and Again

The New York Times published an editor’s note acknowledging that its editors “should have taken more care with the initial presentation” of the coverage of an explosion outside a Gaza hospital; the paper had been quick to run with the Hamas-backed Gaza Health Ministry’s claims that the blast was caused by an Israeli air strike that killed hundreds.

President Biden has since made clear that Israel was not to blame for the blast, which U.S. officials say killed between 100 and 300 people. The Israel Defense Forces have said the explosion was caused by a rocket misfire launched by Islamic Jihad, a conclusion that’s since been confirmed by video analyses conducted by the Associated Press, the Wall Street Journal, and CNN.

“The Times’s initial accounts attributed the claim of Israeli responsibility to Palestinian officials, and noted that the Israeli military said it was investigating the blast. However, the early versions of the coverage — and the prominence it received in a headline, news alert and social media channels — relied too heavily on claims by Hamas, and did not make clear that those claims could not immediately be verified. The report left readers with an incorrect impression about what was known and how credible the account was,” the editor’s note said.

The editor’s note concluded: “Given the sensitive nature of the news during a widening conflict, and the prominent promotion it received, Times editors should have taken more care with the initial presentation, and been more explicit about what information could be verified. Newsroom leaders continue to examine procedures around the biggest breaking news events — including for the use of the largest headlines in the digital report — to determine what additional safeguards may be warranted.”

But when other news outlets issued a mea culpa for their overreliance on the Hamas-controlled Gaza Health Ministry in reporting on the al-Ahli Arab hospital blast, the Washington Post doubled down and defended its decision to uncritically parrot the agency’s false claims that an Israeli airstrike hit a hospital, killing 500 civilians.

The Post then led its site with the health ministry’s claim that the Gaza death toll in the Israel–Hamas war has surpassed 10,000.

“Gaza Health Ministry: Death toll in Gaza surpasses 10,000 after four weeks of war,” a headline at the top of the site read.

The headline and underlying report ignore the fact that the health ministry is run by Hamas, but the paper’s editors did include a cursory disclaimer alongside the article to explain “Where we get our data about the Israel-Gaza war.”

“When we’re reporting on issues such as the death toll in the Israel-Gaza war, we use information provided from the Gaza Health Ministry (an agency of the Hamas-controlled government), the Israeli government, the United Nations, the World Health Organization, the U.S. State Department and other international agencies,” the disclaimer read in part.

The Pitfalls of Benevolence: Unpacking the Toxic Mix of Universal Good Intentions and Political Correctness in the New Year: Roger Kimball

https://amgreatness.com/2023/12/31/the-pitfalls-of-benevolence-unpacking-the-toxic-mix-of-universal-good-intentions-and-political-correctness-in-the-new-year/

New Year’s is traditionally a time for reassessment and meditation. Wise sayings and saws are dredged up for reconsideration even as the chorus is getting ready to reprise “Auld Lang Syne.” It is easy to dismiss such scraps of wisdom, especially as they tend to come glazed with an unpalatable frosting of sentimentality, not to mention familiarity.

But it is important to note that many clichés are clichés precisely because they articulate important truths.  Consider, for example, the admonition, which you probably first heard from your mother or father, that “the road to hell is paved with good intentions.”

Why should that be the case? Regular readers will not be surprised to hear that I believe a large part of the answer involves the metabolism of benevolence.

Benevolence is a curious creature. Its operation tends to be more beneficent the more specific it is. This was a point that James Fitzjames Stephen, the great nineteenth-century critic of John Stuart Mill, made in his book Liberty, Equality, Fraternity. “The man who works from himself outwards,” Stephen wrote,

“whose conduct is governed by ordinary motives, and who acts with a view to his own advantage and the advantage of those who are connected with himself in definite, assignable ways, produces in the ordinary course of things much more happiness to others… than a moral Don Quixote who is always liable to sacrifice himself and his neighbors. On the other hand, a man who has a disinterested love of the human race—that is to say, who has got a fixed idea about some way of providing for the management of the concerns of mankind—is an unaccountable person . . . who is capable of making his love for men in general the ground of all sorts of violence against men in particular.”

“A moral Don Quixote”: that is a line worth remembering. Political correctness tends to breed the sort of unaccountability that Stephen warns against. At its center is a union of abstract benevolence, which takes mankind as a whole as its object, with rigid moralism. It is a toxic, misery-producing brew.

The Australian philosopher David Stove got to the heart of the problem when he pointed out that it is precisely this combination of universal benevolence fired by uncompromising moralism that underwrites the cult of political correctness.

Army numbers smallest since WWII — what units face cuts in 2024? By Davis Winkie

https://www.armytimes.com/news/your-army/2023/12/28/army-numbers-smallest-since-wwii-what-units-face-cuts-in-2024/

The new year will likely prove to be one of significant force structure changes for the Army, according to its senior leaders.

Although the service has maintained for years that embracing multidomain operations will require it to “transform” its force structure into one leaders believe is suited to tomorrow’s battlefield, back-to-back recruiting shortfalls led top officials to admit by mid-to-late 2023 that some pending cuts are influenced by a deepening numbers shortfall. The Army finished fiscal year 2023 with only 452,000 active duty soldiers, its smallest force since 1940.

Army Secretary Christine Wormuth told Army Times in June that the service will see reductions to “close-combat forces” that were purpose-built for the War on Terror, in addition to other organizations based on their purpose or other factors like deployment rates.

Americans Overwhelmingly ‘Frustrated,’ ‘Angry’ With Federal Government: I&I/TIPP Poll

https://issuesinsights.com/2024/01/02/americans-overwhelmingly-frustrated-angry-with-federal-government-ii-tipp-poll/

As nearly all parts of the political spectrum agree, average Americans are extremely unhappy these days. The latest I&I/TIPP Poll shows that a hefty majority sees the federal government’s recent performance as the cause of their disgruntlement.

With news stories regularly highlighting widespread anger among voters, we asked the following question for our December national online poll, taken from Nov. 29-Dec. 1 by 1,464 adult registered voters: “Which of the following best describes how you feel about the federal government?”

Respondents were then given four possible responses: “satisfied,” “frustrated,” “angry,” and “not sure.”

“Satisfied” never had a chance. Overall, just 14% said they were satisfied with Washington. A shocking 55% called themselves frustrated, and another 23% said they were angry, for a total of 78% of all responses. 

Another 9% responded that they were not sure. The poll has a +/-2.6 percentage-point margin of error.

The Military’s Phantom ‘Extremists’ An independent study puts to rest another false media narrative.

https://www.wsj.com/articles/military-extremists-report-institute-for-defense-analyses-pentagon-lloyd-austin-97619f4d?mod=opinion_lead_pos2

Good news: The U.S. military isn’t packed with violent extremists. That’s the gist of a new report commissioned by the Pentagon in 2021 and released quietly with little notice in December. The result won’t surprise Americans who have spent time in uniform, but it should calm the media frenzy about right-wing radicals in the armed forces.

After reports that some service members participated in the Jan. 6 riot, Defense Secretary Lloyd Austin ordered an independent study to get “greater fidelity” on extremism in the ranks. The think tank tasked with the report, the Institute for Defense Analyses (IDA), “found no evidence that the number of violent extremists in the military is disproportionate” to U.S. society. A review of Pentagon data suggested “fewer than 100 substantiated cases per year of extremist activity by members of the military in recent years,” the report says.

That figure could include a range of conduct and ideological bent, not simply the white supremacy floated in the press. Take court martials. Researchers found that “the prevalence of extremist and gang-related activity that are reflected in court-martial opinions is limited to fewer than 20 cases” since 2012. Gang activity isn’t typically political and, excluding those cases, the number falls to one a year.

One useful conclusion is that the military doesn’t need a new section of the Uniform Code of Military Justice to punish what few “extremist” criminal cases exist. Researchers note that commanders can rely on Article 116 (riot or breach of peace); Article 88 (contempt toward officials); Article 109 (destruction or damage to property); Article 115 (communication of threats), among others such as assault.

Hamas in London by Robert Williams

https://www.gatestoneinstitute.org/20264/hamas-in-london

At least four groups with links to Hamas are reportedly behind several of the marches: The Muslim Association of Britain (MAB), the Palestinian Forum for Britain, the Palestine Solidarity Campaign, and the Friends of al-Aqsa.

“[M]embership of the Muslim Brotherhood remained (and still remains) a secret.” — UK government report, “Muslim Brotherhood Review: Main Findings,” December 17, 2015

Too often, unfortunately, those many propaganda goals evidently correspond to what the organizations behind the never-ending pro-Hamas protests in London — and around the world — seek to obtain: Creating sympathy for Hamas and the Gazans, demonizing Israel, which is fighting terrorism for all of us so that we will not have to, and increasing pressure for a permanent ceasefire that will enable Hamas to survive.

“Unfortunately, Hamas’s bloodlust is not limited to Israel and Jews but also extends to Europe and Christians. I want to remind you that in the past, Hamas members expressed the Islamic intention to conquer Europe.” — Israel’s Diaspora Affairs Minister Amichai Chikli, in a letter sent to about 20 European leaders warning of “a massive network of Hams operatives and the growing activism of Hamas across Europe,” December 2023.

Uprooting Hamas in the UK anytime in the near future, given the lack of enthusiasm that the Met Police have shown in the wake of the pro-Hamas demonstrations, sadly seems unlikely.

The pro-Hamas protests in London are not, apparently, as organic and spontaneous as their organizers would like them to seem.

At least four groups with links to Hamas are reportedly behind several of the marches: The Muslim Association of Britain (MAB), the Palestinian Forum for Britain, the Palestine Solidarity Campaign, and the Friends of al-Aqsa. The same groups were behind the largest protest so far, on November 11 in London, where it is estimated that around 300,000 people participated.