Author Archive: Stephen Green

POLL: Millennials would rather live in socialist or communist nation than under capitalism.

In the Victims of Communism Memorial Foundation’s “Annual Report on U.S. Attitudes Toward Socialism,” 58 percent of the up-and-coming generation opted for one of the three systems, compared to 42 percent who said they were in favor of capitalism.

The most popular socioeconomic order was socialism, with 44 percent support. Communism and fascism received 7 percent support each.

Marion Smith, executive director of the Victims of Communism Memorial Foundation, said the report shows millennials are “increasingly turning away from capitalism and toward socialism and even communism as a viable alternative.”

“This troubling turn highlights widespread historical illiteracy in American society regarding socialism and the systemic failure of our education system to teach students about the genocide, destruction, and misery caused by communism since the Bolshevik Revolution one hundred years ago,” Mr. Smith said in a statement.

That’s no accident.

ASKING THE QUESTIONS ABSOLUTELY NO ONE IS ASKING: When will the Victoria’s Secret Fashion Show become size-inclusive?

This year’s line-up is incredibly racially diverse, proving that Victoria’s Secret’s efforts to improve its inclusivity on the runway has paid off; in 2015, Maria Borges wore her natural hair in an afro instead of extensions; a year later saw a record number of Chinese models cast.

But, as with all previous years, no curve or plus-size models have earned a spot. Considering Victoria’s Secret makes pieces up to size XL and bras as large as 40DDD, the brand clearly knows there is a market for the 67% of American women who are a US size 12 or larger.

When will its fashion show reflect that?

Just as soon as Victoria’s Secret is ready to let its woke fashion show go broke.

(Hat tip, CNN, which reprinted the article here.)

LIZ SHELD’S MORNING BRIEF: Florence is Coming and Much, Much More. “The media is priming you to blame President Trump for whatever happens following Hurricane Florence’s landfall.”

Evil Republicans control the weather. Everyone knows this.

REMINDER: Don’t Be Fooled, There Was Nothing ‘Financial’ About the 2008 Crisis.

Lehman’s bankruptcy didn’t cause a “crisis” as much as the Bush administration’s foolish decision to bail out Bear Stearns months before created the perception in the marketplace that Lehman would be saved too. As such, investors weren’t prepared for the correct decision to let Lehman go. Put simply, Lehman was only earth-shaking insofar as prior government intervention turned what was healthy into a surprise. And having erred mightily in bailing out Bear, the Bush administration chose to make a bad situation much worse.

Indeed, in conjunction with the SEC it banned short-selling on 900 different financial stocks. Talk about pouring gasoline onto the fire. Seemingly missed by Administration officials is that short sellers are ultimately buyers. When short sellers are able to express their pessimism in the marketplace, a huge reserve of buying power is created when we remember that shorts can only take profits insofar as they buy back the shares sold short. Yet when the markets needed them most as both price givers and liquidity providers, the Bushies banned them.

After that, bailouts are not free. Governments don’t mis-allocate the money of others only to walk away. They offer up the money of others only to demand a more muscular role in how the saved operate. Ok, but the 20th century was a monument to the failure of central planning. Is it any wonder that future-seeing investors looked negatively on a return of excessive government intervention in commerce?

What can’t be stressed enough about what happened in 2008 is that for economies to grow and markets to rise, it’s necessary that the mediocre and lousy constantly be replaced by the good and brilliant.

No. More. Bailouts.

BURN THE HERETIC: ‘I’m Not For That Third Gender Sh*t’; NY Democrat Accused of Using Transphobic Slur.

New York State senator Jesse Hamilton, a Democrat, is under fire after be accused of making anti-transgender comments to a constituent while campaigning for re-election in South Brooklyn on Tuesday morning. His staff says he was misinterpreted.

According to a post by Alejandra Caraballo in the closed Facebook group “Prospect Lefferts Gardens and Brooklyn Neighbors,” Hamilton was pressed about his support for the LGBTQ community. In response, Hamilton allegedly said, “I’m not for that third gender shit.”

Caraballo described how the situation unfolded. In her post, she wrote:

I ran into state senator Jesse Hamilton who was campaigning this morning in front of the Winthrop 2/5 stop. I asked him about GENDA (gender expression non discrimination act) and he tried to say he’s pro-LGBTQ and then literally says to me, “I’m not for that 3rd gender shit.” That just confirmed my vote for Zellnor Myrie.

In later comments, Caraballo was asked whether those were Hamilton’s actual words. She said, “Yes, those were his actual words. He tried attacking Zellnor as not supportive of the LGBTQ community and then casually dropped that line.”

Hamilton is black, so what happens next will be a real test of the Left’s emerging new victimhood pecking order.

THE FIX WAS IN: Google Was “Working To Get Hillary Clinton Elected” With “Silent Donation” According To Leaked Internal Email.

Tucker Carlson just blew the cover off the 2016 election influence charade, after he read an internal email on Monday night’s show from a senior Google employee who admitted to using company resources to make a “silent donation” to a liberal group that was creating ads and donating funds to bus Latinos to voting stations during the 2016 election in key swing states, in an effort to help Hillary Clinton win.

“That email was subsequently forwarded by two Google VP’s to more staff members throughout the company,” says Carlson, adding “In her email, Mario touts Google’s multi-faceted efforts to boost Hispanic turnout in the election. She noticed that Latino voters did record-breaking numbers, especially in states like Florida, Nevada and Arizona – the last of which she describes as “a key state for us.” She brags that the company used its power to ensure that millions of people saw certain hashtags and social media impressions, with the goal of influencing their behavior during the election.”

Over to you, Jeff Sessions.

HIGHER EDUCATION BUBBLE UPDATE: Penn State math course covers ‘imperialism’ and ‘cultural intolerance.’

The professor begins with a positive review of Democratic presidents Barack Obama and Bill Clinton in section two of the midterm, entitled “Red Party Politics Shifts and Cracks,” before asking students to analyze voting statistics between male and female voters during the 2008 presidential election.

“The emergence of the Tea Party played a central role in the 2008 U.S. presidential election,” [the Tea Party emerged in 2009 in response to Obama’s stimulus bill -Steve] the document reads. “The victor was Barack Obama who, like Bill Clinton, served as U.S. president for 8 years – the two men guided always by the strength of character and force of intellect of First Lady Michelle Obama and Hillary Clinton.”

[Professor Marc] Fabbri is slated to teach three sections of the course this fall.

Penn State spokesman L. Reidar Jensen told Campus Reform that the school is “aware” of the exam materials and is “in the process of looking into this situation further.”

While Jensen referenced the professor’s right to academic freedom, he noted that the university seeks to “encourage any student who believes that an instructor has acted beyond the limits of academic freedom to consult the policies and procedures in place for seeking a faculty conference and mediation.”

Is Fabbri teaching any actual math to his students?

NOW THAT’S THE 21ST CENTURY I’VE BEEN DREAMING ABOUT: The United States Army wants to power drones with lasers, keeping them in the air indefinitely.

By placing a photovoltaic cell on the bottom of the aircraft, ground units could effectively aim a laser at said piece to charge the drone. This would, in turn, convert the light from the laser into electricity, thus powering the aircraft. The Army’s goal as of right now is to shoot this laser at an aircraft that is 500 meters (0.31 miles) above the ground.

By early 2019, the Army plans on being able to power a grounded drone via a laser beam, thus proving the technology can work. They hope to be powering airborne drones by 2020 as long as the necessary regulatory process is approved.

Get the damn regulators moving already.

GENE MUNSTER: If Tesla doesn’t overhaul the board right now, it could spell the end for the company.

The best scenario is for Musk to stay at Tesla, but something has to change.

It seems the core problem for Musk and Tesla is that he’s surrounded by people unwilling or unable to stand up to him, as can easily happen with powerful people. At worst, this appears to be true of his board.

We think Tesla’s board needs an overhaul. There are too few independent directors and too many directors with long-term relationships to Musk as investors, overlap with other companies like SpaceX, family or otherwise. There’s no one on the board that has Musk’s ear to truly influence him to fix these self-inflicted wounds.

It’s an interesting piece, but what’s most interesting is that Munster has been bullish on Tesla for a long time now.