Monthly Archives: June 2021

Also Too Weak

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Recall that President Joe Biden (D) came before the American people and touted a bipartisan infrastructure deal, to the tune of $1.2 trillion.

Recall, further, that barely two hours later, Biden again came before us all and said he would refuse to sign that deal unless and until he had, at the same time, a reconciliation-passed bill that had everything in it that was not included in the bipartisan “deal.”

Now Biden is back before us all, saying he’ll sign the bipartisan “deal” and then work on getting further bills passed that have everything in them that he wants.

So—which time was he lying: the first time, speaking from his heart when he said he’d refuse to sign the bipartisan bill unless he got the reconciliation bill with everything else in it, also, or the second time when he was speaking politically, to cover his political behind?

Or: was he simply engaging in the Biden Flip-Flop and speaking in whichever way gives him the most personal political advantage?

Or: does he not truly understand the situation for longer than a few hours?

Under any of those alternatives, Biden’s word is worthless, his commitments entirely unreliable. Any further negotiation with Biden will be just a waste of effort. Any Republican who takes anything Biden says seriously after this—and that particularly includes Senator Rob Portman (R, OH)—is simply exposing himself as wholly gullible.

Too Weak

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Nike’s CEO, John Donahoe, has given his company’s game away. Recall that, earlier this year he claimed dismay over the People’s Republic of China government’s, and the Communist Party of China’s, abuse, slavery, and overt genocide against the Uighurs.

We are concerned about reports of forced labor in, and connected to, the Xinjiang Uyghur Autonomous Region (XUAR). Nike does not source products from the XUAR and we have confirmed with our contract suppliers that they are not using textiles or spun yarn from the region.

Even that weak statement turns out to have been just pretense, virtue-signaling for his American audience, which is doubly dishonest just for that.

Now, via an earnings call, he

called the sportswear apparel giant a “brand of China” this week, following a fiasco it was involved in earlier this year over concerns about human rights abuses committed by the communist government.

And

…we are a brand of China and for China[.]

With that call, Donahoe announced his utter rejection of everything for which the US, the nation with the economic, political, and moral environment that enabled his Nike to flourish, stands.

With that call, Donahoe has announced his complete acceptance of abuse, slavery, genocide by the nation he prefers to call home.

Reasons enough to not do business with Nike.

Rule By Law

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…and not rule of law, which our Constitution so strongly pushes. That’s what SEC Chairman Gary Gensler has decided to do.

The SEC announced this month that it will suspend enforcement of new rules issued under former Chairman Jay Clayton that subjected proxy advisory firms to the same anti-fraud rules as public companies and required them to disclose their business conflicts.

Just pick and choose the rules the Biden appointee deigns enforce. Don’t move first to change the rule, while enforcing it while it’s in force. Gensler Knows Better which rules are fit, and disdains the need for someone so awesome to submit his wishes to lesser masses who might impudently comment contrariwise to any change he deems necessary during such a rule change’s comment period.

Oh, wait:

Mr Gensler has directed SEC staff to consider revising the rules.

Give him a rule that better suits him. But he’ll still ignore the existing rule as beneath his dignity.

This is rule by law—which is another way of saying rule by men with the raw power to reign.

Fair Share

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CPA Jay Starkman asked a question in his Wednesday Wall Street Journal op-ed. His piece centered on the President Joe Biden (D) tax hikes and expansions. Starkman noted that as recently as 2018—after the Trump tax cuts—the top 5% of American taxpayers still paid 60.3% of all the income taxes paid that year while the bottom 50% paid just 3% of the total.

Thus, his question:

How much higher than 60% will satisfy calls for the rich to pay their “fair share”?

With the Progressive-Democrats’ refusal to say what a “fair share” is, or who should pay it other than their carefully nebulous “the rich”, the answer to the question is obvious: all of it.

As that hero of the Progressive-Democratic Party, John Nance Garner said: We have got to confiscate wealth.

A Question

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I have one of those.

Vice President Kamala Harris (D), along with her Co-President President Joe Biden, have made much of the need to study root causes of the illegal alien surge and crisis at our southern border. In line with that, Harris planned—for weeks—a trip to the Northern Triangle of Guatemala, Honduras, and El Salvador in order to learn straight from the source those root causes.

So off Harris went, earlier this month, on her much ballyhooed visit, first to Guatemala, then with a stopover in Mexico on her return trip.

If Harris truly was interested in learning those root causes, though, why did she not head a few miles further south into the Northern Triangle and visit Honduras and El Salvador? Why were those two nations omitted from her itinerary?

Maybe Harris isn’t so dumb: maybe she expected the reaction she got from Guatemala’s President Alejandro Giammattei and the Guatemalan people, and she didn’t want to get the same reaction, especially publicly, from Honduras’ President Juan Orlando and the Honduran people and El Salvador’s President Nayib Bukele and the Salvadoran people.