Duke University’s Arguments Against A Statutory Second Amendment

Herschel Smith · 22 May 2022 · 11 Comments

The Regulatory Review links a paper by Joseph Blocher of Duke University arguing against state preemption laws that prohibit more restrictive gun control statutes by cities and counties than instituted by the state itself.  The paper is entitled "Cities, Preemption, and the Statutory Second Amendment." He argues: As a practical matter, though, nothing has done more to shape contemporary gun regulation than state preemption laws, which fully or partially eliminate cities’ ability to…… [read more]

The Fed Has Several Options, None Good For You

BY PGF
1 week, 5 days ago

Note: This post is categorized under Survival.

I don’t know much. Maybe they have something up their sleeve? We were here at the dot com crash in 2001 and the housing bubble crash ’08-09, but we had average inflation both times.

Option #1, Leave interest rates mostly untouched from here; let the inflation run. This would be very bad, but perhaps it’s the best option? Demand will ease, and prices or alternate forms of payment or both will gradually correct the problem. Compounding inflation will cause years of trials, and it could go hyper; it’s a risk. Although this is the best option, it’s the worst option for TPTB. It means doing nothing and losing legitimacy. (We know, we know.)

Option #2, raise interest rates; currently, it’s just under 1%. This will crash the stock market and the economy with it. They have already done this some and signaled the potential for more. If they choose this option, they should raise it to a 4-5ish percent range over the next 18 months and be done with it. Two to four years of hard times, probably less. Real Americans just don’t care; they roll up their sleeves, get to work, and solve problems. Of course, TPTB hates this idea because it means that they’re not running around claiming to solve everything. This might even be a better option than #1 if the Government were honest upfront about the road we had to take and let us solve our own problems locally.

Option #3, make war. Not whack-a-mole with goat herders, millions dead war. Not that those wars weren’t real to the folks involved, they weren’t of the type where all resources are focused on one national task. This is the worst option for you and me. We get rationing worse than a crashed economy, with no attempt to address the underlying root of the problem. The problem is a currency with no real value because inflation is used to pay the debt. They borrow at today’s dollar and pay it back with inflated (lower value) dollars five years later, but they never stop borrowing either. They’ll choose war; it’s how the money changers and war profiteers settle international accounts; no, not grudges, ledgers of debt to each other.

Well, they do have at least one other.

Option #4, which until recently, nobody would have recognized, but they could starve us all. That solves almost all of their problems and satisfies the money changer’s greatest desire, a provocation to jealousy of you, which is the hatred of Jesus Christ for being right (Romans 11:11). What was Jesus right about, you say? Every. Single. Word!

I Don’t Want To Use The Word Crash, But…

BY PGF
1 week, 6 days ago

Note: These posts are categorized under Survival and tagged Economics to warn you of economic trouble ahead.

Over a month ago, we warned you of hard times coming. Earlier this week, we warned you of the potential for recession.

Major stock market indexes are the last to move lower. They are comprised of the largest companies that can weather slow economic times better than most. So, the problem is not yet readily apparent.

The underlying stock market, however, is entering into free-fall. There are over 5000 stocks worth owning, and they are getting sold indiscriminately. This will bleed into the major indexes soon.

“Official” recession is probably less than six months away; it’ll be this fall. Of course, you likely already feel it with the pinch of inflation. The US stock market remains the world’s best forward indicator of economic booms and busts. Everything could change tomorrow, but things look as though they will get stormy soon.

Discuss this with your spouse and dust off your plan, filling gaps and shoring up where necessary. As we mentioned earlier, these things take on a life of their own; it’s hard to know where this ends. Remember that fear is not of God, and knowledge is the foremost essential tool for survival.

Stock Market Breakdown, Part 2, Recession

BY PGF
2 weeks, 2 days ago

One month ago, we showed you a pattern that was forming in the stock market that could signal bad times ahead. That pattern appears to have completed signaling deep losses to come in the stock markets. A recession, if the pattern holds, is predicted.

Here is the chart today:

A “Head and Shoulders” pattern has formed, signaling a significant reversal from the prior trend. In English: stocks were going up, now they will go down. The major indexes have already started moving lower. Everything could change when the markets open tomorrow, but the trend has reversed downward.

Couple the pattern with the macroeconomic environment, especially inflation due to wild money printing after the Trump lockdowns, and you have a lousy recipe.

These things take on a life of their own. Every time is different despite the commonalities. This could be the final straw in the 100 years long money changers and war profiteers racket at the central banks. Or, it could be a very mild recession, and soon inflation abates. Momentum has its unique attributes, causing exaggerations both up and down. It could get nasty, and likely will, before it gets better. We just thought you should know.

Stock Market Breakdown?

BY PGF
1 month, 2 weeks ago

The “Head and Shoulders” stock market pattern usually indicates a reversal of the prior trend in (a) stocks.

Charts are read from left to right. Here is an example illustration:

 

“The Head and Shoulders pattern is one of the most widely recognized reversal patterns and one of the most reliable bearish signals when found in uptrends, thus signaling the end of its [Bull Market] run.”

“The reason why it’s called a Head and Shoulders is because the first high (left Shoulder) and third or last high (right Shoulder) are both lower than the second or middle high (Head), making the pattern look vaguely like a silhouette of a person’s head and shoulders. A trendline can then be drawn connecting the lows after the first two peaks and extending it out to the right. This trendline is called the ‘Neckline’.” – Quote from a Zacks technical paper on stock market patterns.

Here we are in the S&P broad market index:

 

The pattern is circled, and a thin red line indicates the top of each shoulder. April 2020 was the Trump lockdown bottom. The market went up until September of last year; that’s when the pattern started to form. The second “right” shoulder appears to be developing now. It could break the second shoulder to the upside, continuing the bull market run. But things don’t look good; you know the macro; inflation, war, money printing, dollar losing global confidence, potential food shortages, etc. The market doesn’t always break down when this chart pattern prevails, but we just thought you might need to know that it usually does.

Edit: Read this SitRep on Europe over the weekend. WRSA laments; “Where Are The American-Sourced Discussions On These Issues?” Yep, reading Americans about the situation over there is a total waste of time.


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