
Robert Higgs on fear…


Democrat presidential candidate Joe Biden is promising Wall Street donors the economic status quo that they became used to before President Donald Trump’s administration, according to a report.
An investment banker on Wall Street told the Washington Post that in private calls with financial executives two months ago, Biden’s campaign assured them that talk of populist reforms on the campaign trail was nothing more than talking points.
The Post reports:
When Joe Biden released economic recommendations two months ago, they included a few ideas that worried some powerful bankers: allowing banking at the post office, for example, and having the Federal Reserve guarantee all Americans a bank account. [Emphasis added]
But in private calls with Wall Street leaders, the Biden campaign made it clear those proposals would not be central to Biden’s agenda. [Emphasis added]
“They basically said, ‘Listen, this is just an exercise to keep the Warren people happy, and don’t read too much into it,’” said one investment banker, referring to liberal supporters of Sen. Elizabeth Warren (D-Mass.). The banker, who spoke on the condition of anonymity to describe private talks, said that message was conveyed on multiple calls. [Emphasis added]

Americans may finally be waking up, even minimally. A majority of those living in the United States believe that the government is corrupt and unaccountable.
This brings to mind a quote:
“Power tends to corrupt, and absolute power corrupts absolutely.”
-John Dahlberg Acton
That means that anytime you hand power to anyone, their morality will decrease as the desire to control others increases. No one cedes power willingly either. If we have learned anything from 2020 it’s that those in power or authority figures are not in it for us, but themselves.
Seventy-three percent of Americans say that elected officials do not face “serious consequences” for misconduct, according to a new Pew Research Center poll.
A closer look reveals that a mere 21 percent of those leaning Democrat and 32 percent of Republicans believe there is some basic justice for delinquent politicians.
This is not the only issue where US liberals and conservatives almost reach a consensus.
Seventy percent of US citizens don’t think the government is “open and transparent,” while 60 percent of both Republicans and Democrats believe that judges aren’t free from the influence of parties and politicians.
However, Americans still think reform is the answer. It’s not. Not allowing others to have power over you is the answer. That means once the system falls (and it will) we replace it with nothing. No more masters and no more slaves. The good news though, is that some Americans are at least finally understanding that corruption is inevitable in every government under any “established rule” over others.
The former Vice-President is not exactly the type you would imagine clad in all-black combat-style street apparel, hurling commercial-grade fireworks at police officers. Rather, he drafted the infamous 1994 omnibus crime bill in concert with the National Association of Police Organizations. He is even known to venerate the arcane institutionalist ethos of the US Senate — whereas to insurrectionary anarchists, such institutions could only be tools of oppression.
But the Trump Era has an odd way of bringing about unexpected ideological convergences. In the announcement video that formally kicked off his 2020 presidential campaign, Biden paid homage to what he called the “courageous group of Americans” who descended upon Charlottesville, VA in August 2017 to confront an assembly of Right-wing rally-goers. Among that “courageous group” were Left-wing activist factions broadly classified under the banner of “antifa”.
For Biden, what transpired in Charlottesville was a “defining moment,” and formed the basis for his decision to launch a third campaign for the presidency at age 76. While Biden did herald generic American idealism in that announcement video — which would be anathema to most insurrectionary anarchists — in the gravity he assigned to the Charlottesville episode, he also affirmed a core tenet of the “antifa” worldview: the notion that a uniquely pressing fascistic threat has gripped the country, and crushing this threat is a matter of unparalleled world-historic urgency.


Kamala Harris is headlining a Thursday afternoon fundraiser cohosted by a Hollywood producer who has disparaged Republican women as “twats” and argued that Harris herself was “tiresome” and needed to “grow a pair.”
Doug Prochilo, who gave at least $100,000 to cohost the Biden campaign’s virtual fundraiser, routinely calls female Republicans “twats.” He described former White House press secretary Sarah Huckabee Sanders as an “amoral, demented twat,” current press secretary Kayleigh McEnany as “an insane twat,” and Rep. Liz Cheney (R., Wy.) as a “lying, ignorant twat.” In 2018, he referred to Maine Sen. Susan Collins and two of her Republican colleagues as “uptight old twats.”
Nearly seven in 10 Americans surveyed in a new poll — 69 percent — said they are more concerned about bias in the news others consume than in coverage they view themselves.
Six in seven Americans also said they believe there is at least “a fair amount” of political bias in news coverage in general, according to research from Gallup and the Knight Foundation released Thursday. A majority also agreed that it can be found in “the news source they rely on most.”
Education levels are also a key metric regarding respondents’ perspective on bias, pollsters found.
“Differences in Americans’ concern about the bias other people are exposed to are particularly striking when viewed by education level, with higher concern seen at each level of educational attainment,” the study finds. “Specifically, whereas 52 percent of Americans with a high school education or less are more concerned about bias in others’ news than in their own, the figure is 64 percent among those with some college education and is even higher among college graduates, 73 percent, and those with postgraduate education, which comes in at 77 percent.”

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