Daily Archives: 8 October 2021

PRC Pyramids

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The Egyptians invested in pyramids, but those were concrete, physical edifices that satisfied then-national needs.

The People’s Republic of China and its builders invested in a different sort of pyramid, and those ephemeralities are fading into the mists at great cost to the suckers investors.

First, it was the PRC’s Evergrande, with its serial defaulting on its debt obligations. Now it’s the PRC’s Fantasia, reneging on $US206 million worth of its own bonds. It seems likely that others of the PRC’s builders will follow, unless the PRC government men decide to interfere and require different outcomes, regardless of economic and fiscal reality.

I mentioned pyramids. These builders finance their future operations in very large part by selling apartments before they’re even built. That puts their borrowings at risk, unless they can come up with more money—which they do in large party by selling yet more unbuilt apartments.

Bernie Madoff, if not exactly a piker in comparison, certainly didn’t accomplish this much.

Domestic Terrorists

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They aren’t the parents who object, however vociferously, to the misbehaviors of school boards, even though the National School Boards Association and Biden-Harris’ Attorney General Merrick Garland overtly claim so.

On the contrary.

If Garland—and through him, President Joe Biden (D) and Kamala Harris (D) of the Biden-Harris administration—think mothers and fathers vociferously protesting the misbehaviors of school boards are domestic terrorists, then he needs, also, to investigate those school boards’ acts of terrorism.

The school boards’ terrorism of actively abusing children by demanding they wear masks all through the hours of school, which various pediatricians and child development experts have shown stunts those children’s development by strongly inhibiting their socialization and delays their ability to learn the nominal subjects of their lessons.

The school boards’ terrorism of forcing those children to hate themselves and each other over the color of their skin.

The school boards’ terrorism of actively abusing children by demanding they be injected with experimental and unapproved for routine use vaccines.

But, no, nor Garland nor Biden nor Harris have any interest in protecting the rights—or the obligations—of parents or of protecting those children.

Those Progressive-Democrats are interested only in extending their political power and stifling those with the impudence to demur from their abuses.