Author Archives: Richard Fernandez

Capitalism wastes food. By contrast socialism has no food to waste. Which is better for the environment?

New at the Belmont Club. Is the administration laboring under the curse of its predecessor or its own bad judgment.

By 1966, it seemed the country was starting to walk away from that idea. The conspiracy number had dropped to 50 percent and the Oswald figure had climbed to 36 percent. But by December of 1976, the conspiracy number jumped to 81 percent in the Gallup data. NBC

A growing number of Chinese property developers are saying they can’t pay their debts, raising concerns of financial contagion as troubled property developer Evergrande Group missed another interest payment to bondholders on Tuesday. Washington Post

Nearly every major American industry is being affected by what economists are calling “The Great Resignation.” Millions of workers are quitting their jobs for a number of reasons — and limited staffing is leaving businesses unable to perform daily job functions effectively and efficiently.

One of the worst progressive tropes is the narrative that European colonialism destroyed paradise. The mischief in the idea lies not in the idea that it was destructive to local cultures — which it was — but in the assertion of its special nature; that in the long history of conquest that dates back to …

Continue reading “Leftist theology: making the fall of man a recent event”

Gas prices in Europe are breaking record after record. The UK is facing supply shortages reminiscent of the late 1970s winter of discontent. Chinese factories are shutting down because of power shortages, and the outlook is grim. In fact, it may be the first crisis of many. When gas prices in Europe started rising faster …

Continue reading “The Green freeze”

She barely spoke to any of her clients; some never bothered to learn her name. Still, she got to know them intimately Telegraph

Biden appeared to be referring to Washington’s long-standing “one-China policy” under which it officially recognizes Beijing rather than Taipei, and the Taiwan Relations Act, which makes clear that the U.S. decision to establish diplomatic ties with Beijing instead of Taiwan rests upon the expectation that the future of Taiwan will be determined by peaceful means. …

Continue reading “Biden, Xi talk Taiwan”

Where did Covid-19 come from? The answer can be found in the SARS-CoV-2 virus itself…If the virus had been cooked up in a lab, of course, there would be no host animal to find. WSJ

If China wants to take over the Pacific its obvious goal will be to knock Japan out of the Quad. From a purely strategic point of view Japan, not Taiwan, is the crown jewel. How best to neutralize Japan? Control Luzon or Taiwan. Luzon was in many ways the historic geostrategic equivalent of Taiwan (once …

Continue reading “Why not Luzon instead of Formosa in 2021?”

New at the Belmont Club. Is Beijing running out of time? What other clocks are running?

REP. JOHN YARMUTH: The number itself is meaningless. I mean, I read Joe Manchin’s statement, I’ve listened to him, he has no understanding of how the federal government monetary system works when he compared it yesterday to his household income, that has no relevance to what we can do. It’s not a question of what …

Continue reading ““The Federal Government Can Afford Anything.” True or false?”

The Cabinet’s planning agency warned in August that 20 regions had exceeded energy use and pollution targets after manufacturing rebounded from the pandemic. The government has ambitious plans to make the economy cleaner and more energy-efficient, so failing to meet those targets can be a career-ending blunder. AP

A whole life sentence means there is no minimum term set by the judge, and the person is never considered for release. It’s reserved for particularly serious offences. NBC

Several industry groups have warned world leaders of a worldwide supply-chain “system collapse” due to pandemic restrictions, coming as Federal Reserve Chairman Jerome Powell suggested that the current period of higher inflation will last until 2022. The International Chamber of Shipping, a coalition of truck drivers, seafarers, and airline workers, has warned in a letter …

Continue reading “Supply Chains Warn of Worldwide ‘System Collapse’”

The rush to renewables causes severe energy price spikes and shortages. Biden’s policies would do the same in the U.S WSJ

New at the Belmont Club. Who will understand, then lead the new world as it has actually become?

When Evergrande’s auditor, PricewaterhouseCoopers in Hong Kong, signed off on the company’s 2020 financial statements, it didn’t include a so-called going concern warning. These red flags from an auditor show that it has doubts about the company’s ability to stay afloat for at least 12 months. WSJ

President Biden earned the ire of Border Patrol agents on Friday after endorsing the false claim that they were recorded “whipping” migrants who were attempting to cross the Rio Grande into Del Rio, Texas, earlier this week. At a press briefing Friday, Biden said the agents would “pay” for allegedly lashing the Haitian migrants — …

Continue reading “Borders of preferred belief”