The Obama administration has taken care of just one thing here: It has constructed a convoluted — and unconvincing argument — it hopes will provide the activists on the Supreme Court with a cover story to explain why this president need not faithfully execute the nation's immigration laws.
The plan to restrict the use of cash, or to abolish it step by step, has nothing to do with the fight against crime. The real reason is that states (and their central banks) want to introduce negative interest rates.
Zero interest rates didn’t do what central banks thought they would do, so they moved to quantitative easing. QE didn’t do what central banks thought it would do, so they moved or are moving to negative interest rates. Negative interest rates won’t work either so, assuming they don’t completely destroy the banking system beforehand, central banks may very well resort to helicopter money. Guess what, that won’t work either. How much more suffering will central banks have to impose on their countries before people realize that they are monetarily, morally, and intellectually bankrupt?
The Big Lie can work for longer than rational people might think, but eventually the revelation of its falsehood leads to revolutionary change. The average person in middle America is waking up to the lies of the establishment. They know the unemployment rate is closer to 20% than 5%. They know their own personal inflation rate is 5% to 10%, and not the reported 1% to 2%. They know the banker bailout, TARP, ZIRP, QE, and trillion dollar budget deficits weren’t designed to benefit Main Street USA. They know the media is in the back pocket of the establishment. They are sick and tired of getting screwed by a system designed by a wealthy elitist class to shake them down at every opportunity. They are starting to get up out of their chairs and yelling:
I’m as mad as hell and I’m not going to take this anymore!!!
At the end of the day, Trump has petrified the Wall-Street Washington establishment for good reason. He loudly rejects the War Party consensus on foreign intervention and has tapped into a deep vein of main street alienation from the phony recovery and economic fixes promulgated by the Fed and its beltway henchman.
Stanford students have demanded the renaming of buildings, malls and streets bearing the name of the recently canonized Junipero Serra, an 18th-century Franciscan priest who was often unkind to American Indians. Harvard Law School is getting rid of its seal because it bears the coat of arms of the Royalls, a slave-owning family. This renaming craze is widespread and includes dozens of colleges and universities, including Amherst, Georgetown, Princeton, Yale and the University of California, Berkeley. The students have decided that some politically incorrect people from centuries ago are bad. Other politically incorrect people are not quite so bad if they were at least sometimes liberal; their names can stay.