Fantasy Versus Reality In Woke-Land

  • JP Morgan Chase — it’s hard to find a more “woke” company than that one. Under celebrity CEO Jamie Dimon, JPM in its corporate pronouncements consistently positions itself at the most exquisitely correct end of the politically correct spectrum.

  • But reality can be tough. In its email of a couple of days ago, the Global Warming Policy Foundation links to JPM’s 2021 Annual Energy Paper. The Paper comes from JPM’s Asset and Wealth Management Group. The lead author is a guy named Michael Cembalest, who appears to have his ear right down on the ground of the global energy business.

  • The bottom line is that all the talk about “deep de-carbonization” of the world economy any time soon is a ridiculous fantasy. Fossil fuels are not going away for a long time, if ever. Carbon emissions into the atmosphere are increasing? You’d better get used to that.

  • Once again, this “deep de-carbonization” thing is a case of the really “smart” people deceiving you, or maybe themselves; or more likely, both.

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Some Sensible Black Voices Are On To The "Antiracism" Scam

  • As Critical Race Theory and “antiracism” have swept through academia and the media and corporations over the past few years, seemingly almost no one in those institutions is able to see the thinly concealed and vile racism embedded in these ideologies.

  • Here is Ibram Kendi’s famous articulation of what he calls “antiracism”:

“The only remedy to racist discrimination is antiracist discrimination. The only remedy to past discrimination is present discrimination. The only remedy to present discrimination is future discrimination.”

  • So in other words, simply treating black people as adults and expecting them to make it on their own in a non-discriminatory world is not an acceptable remedy. Instead, blacks are to be permanently dependent on assistance from the government and/or whites.

  • But are there any black thinkers who are seeing through the smokescreen of Orwellian “antiracist” verbiage and calling out the ideology for just how destructive it is for the supposedly intended beneficiaries?

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A Human Wrecking-Ball In The White House

  • Maybe you didn’t believe me earlier this month when I issued a warning that the U.S. was “getting ready to go full Venezuela” on economic policy. After Biden’s speech a couple of nights ago, are you starting to get the picture?

  • All constraints are now lifted. All limits no longer apply. The federal government is now fully unleashed to solve all human problems and bring about perfect fairness and equity in human affairs. And to do so immediately if not sooner. All through the magic of a few trillion additional dollars (per year!) of federal spending.

  • And while we’re at it, we’ll also solve the “climate emergency.” That will cost just another few incremental annual trillion. In the context of our new superpowers, that’s a rounding error.

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They Shouldn’t Have Died; That Doesn’t Make Them Innocent

  • Two weeks ago, Daunte Wright’s death sparked another round of protests and calls to defund/abolish the police. A week later, Derek Chauvin’s trial resulting in a guilty verdict has given the U.S. a reprieve from another round of violent riots.

  • Both of these outcomes could have been anticipated: every time a black civilian dies in an encounter with the police, the conversation immediately becomes about police brutality and police reform.

  • While excessive policing is a problem, there are two other aspects to the BLM conversation that are ignored by the mainstream: we will always need some policing and law enforcement to protect civilians from criminal behavior, and many of the recent victims who have been held up as martyrs of the BLM movement had been engaged in criminal behavior.

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Ever Deeper And Deeper Into "Climate" Fantasy

  • It never ceases to amaze me how the very mention of the word “climate” causes people to lose all touch with their rational faculties. And of course I’m not talking here just about the ordinary man on the street, but also, indeed especially, about our elected leaders and government functionaries.

  • The latest example is President Biden’s pledge, issued at his “World Climate Summit” on April 22, to reduce U.S. greenhouse gas (GHG) emissions by 50 - 52% from the levels of 2005, and to do so by 2030.

  • In my last post a couple of days ago, I remarked that “Biden himself has absolutely no idea how this might be accomplished. And indeed it will not be accomplished.” Those things are certainly true, but also fail to do full justice to the extent to which our President and his handlers have now left the real world and gone off into total fantasy.

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Biden And Kerry Get Humiliated On Earth Day, But Are Too Dumb To Realize It

  • Once again, it’s Earth Day. The first such day was 51 years ago, April 22, 1970.

  • Since that first one, Earth Day has served as an annual opportunity for sanctimonious socialist-minded apocalypticists to issue prophesies of imminent environmental doom. Here from the Competitive Enterprise Institute is a great list of some 50 or so such predictions uttered since the late 1960s, all of which have since been proven wrong. Interestingly, the ones from the time of the first Earth Day mostly concerned overpopulation, famine, and global cooling. Today, those things seem ever so quaint.

  • Somewhere along the line, the prophesy of a coming ice age faded away, and global warming surged forth as the much more fashionable doomsday prediction. Today, fealty to the global warming apocalypse orthodoxy is a prerequisite for admission to polite society. Our President goes around repeating the mantra that climate change is an “existential threat,” even as he signs Executive Orders and re-directs half the energies of the vast federal government to fight it.

  • And what better opportunity than the annual return of Earth Day for our great leaders to demonstrate their deep climate change sincerity?

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