On Wokeism in Schools, and the Oncoming SJW CannibalizationFEST

I get extra points for that headline.

On Zerohedge, we see the incredible phenomenon of Megyn Kelly and Bill Maher ... agreeing.  Both Maher and Kelly are seeing their and other's children being called white supremacists, killers, racists, bigots, and all the other woke terms used on sniveling, weak white liberals.

They don't like it.

Calling DJT supporters racist - no problem.  Conservatives, no problem.  Libertarians, no problem.  But when the Elite are now subject to what every nationalist conservative libertarian Christian has been subject to the last 5 years happens to the Top of the Pyramid ... we have a problem!

Perhaps this is the beginning of the Great SJW Cannibalizationfest.  I think it is.  They will eat their own.  DJT is gone.  Trump JR is a civic nationalist of the highest order.  That means he's doomed to fail.  So on whom will the SJW dine?  There aren't any live bodies left, except the ones in the Hive Mind.

The entire interview is here.  It would never have come about as recently as 6 months ago:

As seen on the ZH link, Michael Burry of "The Big Short" fame is also seeing the same thing.  Notice the common leftist attack on 'individualism' at the end of the pic:

This is what is going on in the NYC public schools.  Apparently it is out of control at the most swanky private schools as well, most notably Dalton.  For years, NYC 'mayor' DiBlasio has tried to get rid of the meritocracy still in place at the Specialized High Schools.  He thinks the test is 'racist'.  Of course it has nothing to do with the test - it has to do with his inability to build anything.  He can only destroy things for 'the cause'.

While it's nice that Maher, Kelly and Burry recognize what's going on, it's waaayy too late.  The Grand Experiment is over.  Balkanization is here.  The SJW will never rest until it's all burned down.

All of the things you were told were terrible: homeschooling, religion, community, beautiful architecture, the Western Literary Canon ... those were the things marked for death by the people who have infiltrated and defeated these United States.

This guy knew what was up.  It's why he's being erased out of the curriculum, even in the Black Neighborhood where I work.  It's also one of the reasons he was taken out:

What Kelly, Maher and the rest don't understand, and will never be able to see or acknowledge, is that this is a failure of multiculturalism.  Everything the critics of multiculturalism said in the late 60's though the mid 1990's has come true.  Now it's time for the implosion and fracturing.

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It Really is This EASY

Now that the Biden administration is ... here?  you see how the Herd has completely fallen asleep.  All kinds of nonsense are back on the schedule.  Bombing in the Middle East is back.  Big Pharma is on the rampage.  Globalists are hacking at the near dead carcass of these once viable United States.  No one cares.  You know why?  Because it isn't on CNN.  If it isn't in The NY Times it isn't happening. 

I used to get upset at the disgusting Corporate Media, but I realize that they are going to do what they're going to do.  If they can warp more minds and make more money snookering the herd, and the herd lets them do it... what else are they going to do?

Why would they stop?

Here is one of the memes out there.  My guy Dan in Georgia had it on SG:

See?  Now that Bad Orange Man Bad is gone, that 'issue' is no longer in the normies mind.  It's all ok now.  Nothing to see here at all.  

Hacking Bear posted this one. It's amazing how regular people see it so clearly, and the foggy brain normies get angry when they see something like this.  They are serfs to the MSM narrative and get angry when confronted by something that goes against it.  Biden = good and wonderful, so how dare someone criticize their deity?  The human mind is so malleable.  Anyway, here is one of the one making the rounds.  I can only wonder how this would play on Normie Twitter:

The military is back in the Middle East, bombing away.  I have family in the USMC and they are there, blowing things and people up.  It's not in the news, therefore it isn't happening.  See how this works?

Paul Joseph Watson is all over this one:

One thing the Corona Chan era has helped me see is that there are a few people I can rely on, people who have principles around me.  Many of the rest are Corporate Media herd members, normies who read what they do in the Mainstream Press, watch CNNNPR, believe it, and then scorn those who don't follow the crowd.  Even though they've done zero reading and research, they "know" what is going on and how everyone else should behave.

Thank you Corona Chan.  You have again gifted us with your benevolence.  

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Clay Travis at Outkick Tells Facebook 'NO' - Signs With LOCALS

I've mentioned many times that things have been much better since I deleted my 2 FB accounts and I got kicked off of Twitter.

I enjoyed both for a while - FB from around 2009-2016 was kind of fun.  Twitter was silly, and the place for amazing memes.  

Then things got shrill and boring.

I still do social media, just not those.  SG2 is one of my landing places, as is locals.com.

In the old days, every organization or large website would have a group on Facebook.  That may be changing.  Clay Travis at Outkick has decided to go to Locals for social media.  It's a great move.  The tech giants seem to think that there is no internet without them.  Travis is showing a huge section of the sports world that there are other places to go.

This could be a paradigm shift.  It would have been unthinkable for anyone of not to skip the obligatory 'find me of Facebook' part of the business. To some degree, Travis has told the woke NFL "'no thanks' ... I'm signing with the XFL."

I think we'll see more of this.

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How to Fool the HERD - B Gates Puts on a CLINIC

You know how we're supposed to follow the experts, follow the science, and grovel before out betters?  I've always wondered how that is supposed to play out with Bill Gates, as he hits all the bad demographic points of the wokerati.

He's white, cis, and a billionaire.  He somehow talks about medical science, yet no one is screaming at hime about his lack of medical credentials.  Go up to your local Karen and talk about how the mask and lockdown 'science' is dubious, and the calmest reaction you'll get is that you're not "an expert in the field." If you catch Karen on a bad day .... look out.

Well, neither is Bill Gates an 'expert' in virology or epidemiology, and yet his views are sacrosanct.  How does that work?  Not only that, he lives in a manner that would make a 12th century sultan weep.  

It's a strange bit of mental gymnastics, but Gates manages to pull it off.  How, I don't know.

Paul Joseph Watson trains his laser on Gates here:

Naomi Wolf goes even deeper.  She exposes some very sinister and and exceedingly profitable maneuvers by Gates in the vaccine / biotech arena:

Wolf is a left leaning journalist with integrity.  So not only is Gates trying to play God with all of us, he's profiting off of the Novel Corona Chan era.  In the olden days, the 'left' would be screaming from the rooftops about how this white male billionaire is destroying the world, and he needs to be cancelled.

BG has pulled off an amazing stunt.  to check all the wrong boxes and still be front and center is amazing.

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The Chinese aren't Buying Apples, They're Buying the TREE

All of the leftist tyrants who controlled all aspects of society said the same thing: if they could get the children, they'd rule forever.

It's true.  If you can get young people, you can imprint them with whatever idiotic idea you want - and people will let it go mainstream and eventually cheer for it.

The current Chinese regime seems to understand this.  They aren't going about their business of gaining worldwide influence in the ham fisted 20th century communist way, with camps and guns and tanks.  They're doing it in a much quieter, more efficient way:

It's easy to see how this works.  Get the institutions, let them go hard on the nonsense 'woke' ideology, and then watch the cancer spread.  Destroy the institution.  Then, once you own it, you can do whatever you want with it.  You can keep is as a bastion of intersectionality, rambling and babbling on about microagressions and race 24/7.  

I know a professor at a high dollar university who posts on FB all the time things like: "I make sure to wake up and all day I think about one thing: INTERSECTIONALITY!"  Her posts get tons of likes and 'stunning and brave' style comments.

Or, you can return the school to, or keep is as, an intellectual powerhouse with demanding standards.

Then, you can place your people in the school that is successful.  Here's the amazingly subtle part.  The Chinese are able to do all of this because they don't care about being called 'racist' or 'colonialist', or anything else for that matter.  They already own much of the Dominican Republic.  They're all over both coasts of Africa, and entrenched in South Africa.  They're building a COAL fired power plant, and they're limiting its use to the Chinese.  Think about that last sentence.  Imagine if a US firm built a huge coal plant ... anywhere.  Forget about on the African continent.  Greta would be all over twitter and the hordes of SJW clods would be screaming racist! colonialism! and every other buzzword imaginable.  The US, under Biden, just cancelled a pipeline project.  The Chinese are building coal fired plants.  The link above is only one of six planned.

The Chinese ignore all of the SJW screaming.  It's really that easy.  If more people in the West would take heed and follow their example, maybe the USA would have a chance.  Instead, for whatever reason, blue check twitter has been given limitless power.  It makes no sense. Actually, that's not true.  It makes perfect sense if you're a foreign influence and you want the US to go down.  

Unfortunately, the Woke SJW cancer has spread too far.  The patient has only 10 - 15 years to live.

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Rush Goes Home

"You are what your record says you are." - Bill Parcells

Rush Limbaugh died the other day of lung cancer.  He was 70.  

I'm glad I'm not on any major social media anymore.  I can only imagine the SJW progressive vitriol and nonsense about his death.  Reveling and sneering while bathing in a non-progressives blood is ok.  I saw it all the time during the decade I wasted on Fakebook.  Clout chasing, virtue signaling, wave riding, status jockeying insects would all pile on the recently deceased non-progressive and say the stupidest, roughest and dumbest things imaginable. 

It was OK with them, because "it's ok when WE do it!"

I saw this manifest when Ted Kennedy died.  If you brought up that he murdered a woman, you were a terrible person, and the Swarm came after you.  The double standards and hypocrisy were incredible.  But they don't care.  It's part of who they are and what they do.

Rush Limbaugh changed drive time radio.  He retired an extremely wealthy man, and got the Presidential Medal of Freedom.  I wasn't a huge listener.  I read The Way Things Ought to Be only a few years ago.  It was pretty good.  I heard him the first time in the early nineties when my cousin drove me to a family reunion.  I was a non political democrat at the time, so I wasn't into it at all.

As I changed, I recognized what Rush had done.  I listened to him during my mainstream conservative phase.  

We see these days if you're on FB or IG, or TWTR, and you're not an SJW progressive roach, you get hammered.  Going into those arenas as a real conservative or libertarian gets you swarmed, destroyed, and cancelled.  Rush went into an entire industry, and did it anyway.  He went completely against the grain.  It's incredible when you think about it.  Additionally, he became less of a neoconservative and more of a true conservative as the years passed and the awful Bush years receded.

Those are some serious headwinds.  One can only imagine the level and number of threats he received.  It must have taken a monumental act of will to continue at times.

The Monster Hunter summed it up well in his concise letter:

"There are a lot of haters out there saying vile things today. But they’re idiots with sad pathetic lives looking for validation from their tribe. What would Rush do about their hate? Use them as a teachable moment and then mock them in an amusing way for the audience. There’s a valuable lesson there for all of us.

The man was brilliant and could articulate things in a way that most people simply can’t. He had that gift where he could take the things that many people were feeling but couldn’t put into words, and then give them a voice. That’s a rare talent. Some might even say on loan from God.

Rest in peace, Mr. Limbaugh."

Agreed.  You are what your record says you are.

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Lyn Alden - BITCOIN is Not a Ponzi Scheme

Lyn Alden has been on Youtube a lot recently.  I've watched all the videos.

Because I've finally gotten into Bitcoin, I am burying myself in information as I go.  Alden takes on one of the most common misconceptions about Bitcoin - that it is a Ponzi scheme.

Bitcoin is many things, but it isn't a Ponzi scheme.  It isn't guaranteed to succeed at this stage of its young life; it's been around only 12 years.  However, the criticism of it is mostly unfounded.  Not only that, the criticism of Bitcoin sounds ridiculous when you compare it to the fiat dollar.  Those slips of paper in your pocket, or the digits on your screen are about as 'solid' as thin air.

Also, you have no control over the dollar.  Someone can print and create as many dollars as he likes, but not you.  With Bitcoin no one can create more at any time - including you.

One of the things that got me to take a deep dive into Bitcoin was that every argument against it I thought of, I came up with the same argument for the fiat dollar.  "Fiat" = created on a whim by some entity.

Additionally, as I have watched the value of the dollar collapse courtesy of the Federal Reserve, I have watched Bitcoin rise in value.  Despite all of this, otherwise smart people seem to have an inability to see what I and others see as obvious.  

Here's Nassim Nicholas Taleb making an argument that could be made about any stock on the NYSE:

Notice the hedge 'at least for now'.  That's the tell.  Even Taleb is watching the price.  And what's with the COVID comment?  I've learned over the years that experts in one field can be cloddish and idiotic in others.  Taleb shows it here with that crack.

"Bitcoin was launched in the fairest way possible.

Satoshi first showed others how to do it with the white paper in an academic sense, and then did it himself months later, and anyone could begin mining along­side him within the first days as some early adopters did. Satoshi then distrib­uted the devel­op­ment of the software to others and disap­peared, rather than continue to promote it as a charis­matic leader, and so far has never cashed out.

From the begin­ning, Bitcoin has remained an open source and fully trans­parent project, and has the most organic growth trajec­tory of the industry. Given avail­able infor­ma­tion, the market has priced it as it sees fit, out in the open."

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Get WOKE go BROKE - DC Comics Edition

Nobody really likes the whole woke thing.  Yes, many people will pretend they're on board, but they're just virtue signaling, wave riding, and clout chasing for the benefit of their social media audience.  It doesn't matter how big a following you have - everyone seems to do it.

The problem is, for whatever reason, the mainstream is afraid of the woke mob.  Why more people don't just tell them to go somewhere and be quiet is beyond me.  

DC comics went woke, and because not only does no one like woke, they certainly don't want to read comic books about it:

From 'Crisis on Infinite Earth', by Marv Wolfman and George Perez.  Yes, I own a copy

The comic book division of DC has been hemorrhaging cash for a while.  They decided to cut the middle man out of the picture (Diamond Distribution), and do it on their own. This was a total flop.

So basically, they had woke unreadable product, and their distribution was in tatters.

"DC’s hip shoot efforts at distribution have been a disaster. One of their distributors quit when DC announced it was going to break with established industry practice and accept remaindered copies of unsold comics. The other company has proven so unsatisfactory that a number of comic book shops did the unthinkable and stopped ordering DC Comics.

I’ve been saying for a while that AT&T has been getting ready to swing the ax on DC Comics.

There have been a series of mass executions at DC over the last few months. These layoffs have been so large and cut so deep into the company’s executive talent pool, that there was clearly no way for the company to recover. DC Comics has obviously been in a death spiral for almost a year.

What efforts DC has made to expand its market share has resulted in ridiculous projects like, I am Not Starfire and Gotham High with Gay Alfred. Seriously, guys, the problem was not a lack of Wokeness."

Unbelievably, DC comics may either disappear, or be completely revamped.

Hopefully, the new guys don't let the parasite of woke infect and destroy the company again.  There's a good book out there called Corporate Cancer.  The new owners of DC would do well to read it.

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Pomp and Green Lock Horns about BITCOIN

Bitcoin has been in the news a lot recently.  I am learning about it like everyone else, so I enjoy a good debate as I want my pro-bitcoin views challenged. Anthony Pompliano and Mike Green debated BTC on RealVision.  This was my comment on the site, to which I subscribe:

Debate Review:

Mike Green's mask slipped a few times, particularly when Green mentioned that Pomp's politicians were 'against the Green New Deal' and "have a perfect score from the NRA". Not only was this not germane to the debate, it exposed Mr. Green's bias. This was only the beginning.

It must be nice to casually wave ride all the popular positions among that the Davos Elite espouse on Twitter. Those of us who are teachers, like me, have watched the Establishment types erode the US Dollar, witnessed the Establishment go into other countries and blow people up, install sanctions that harm children and the vulnerable, as well as create enemies through shibboleths like 'weapons of mass destruction'. All courtesy of the FED, jerking itself off by creating as many dollars as it needs. They also need the USD to pull all of these atrocities off. Mr. Green suggested that, because the ratio of dollars to the amount of Bad Behavior is an acceptable one, it is somehow different than our 'enemies' using bitcoin, therefore rendering it a bad thing. This was a bafflingly bad argument. Because a digital commodity like bitcoin is used for bad, the commodity itself is guilty? This is the argument used against gun manufacturers. I would ask him if he and his immense wealth (the defenders of the Green New Deal would call it obscene and try to take it from him), are protected by armed security. Hats off to him if the answer is no.

This is the 'system' that Mr. Green wants someone like me, a public school English Teacher in the African - American neighborhood, to remain loyal. It's difficult to put into words the disconnect he has to what regular people are going through. He mentions reform within the system. He talked about how ECB, FED, and Treasury secretaries might ban bitcoin. The same people who have destroyed the currency I'm forced to use. The same people who told all the small businesses they have to close, because people might get sick, while the large corporations can stay open.

During this time of heretofore unseen transfers of wealth upward, I suggest it would be helpful for Mr. Green to have walked with me through Target (the one on 225th and Broadway in the Bronx) where milk has gone up in price quite a bit in the last 18 months. In the smaller grocery stores the price is even higher, as they don't have Transnational - Corp. - Immune - to - CV19 status.

As I, and other like me, scurry to find an asset that holds value, Mr. Green suggests that I should remain loyal to politicians and bureaucrats who can print political money - but I can't. And I should avoid bitcoin, an asset where I can't print more - and neither can anyone else. All because the biggest and most oppressive entity in the history of the world doesn't want bad actors in Iran and China using it?

I've listened to many of Mr. Green's interviews on this channel, and I've learned a lot from him and enjoyed his keen analysis. He falls flat here.

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Unfortunately the debate is here, behind a subscription firewall. If it becomes public I will post it.

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Gina Carano Did Nothing Wrong - Canceled ANYWAY

 From the Daily Mail:

"She also mocked the use of gender pronouns, listing 'beep/bop/boop' in her social media bio after some expressed outrage that she did not list any pronouns in her bio.

Last month, Carano opened up about facing backlash from the Star Wars community over her conservative and anti-mask tweets amid the ongoing COVID-19 pandemic.

The actress spoke with YouTuber Drunk 3PO in a candid interview about her controversial social media presence.

'People need to be OK with having conversations,' she told the host. 'With having difficult conversations, with having different opinions. What's wrong with having a different opinion?'"

Well, there's plenty wrong with having a different opinion.  This absurd Woke Mob, that seems to think it can control everyone's life, will see to it that you don't work in Big Hollywood if you have a 'different opinion'.  Then this happens:

Of course she's right about her history. The German Gov't didn't just start rounding people up, it needed the population to have buy in - to get with the program.  Which it eventually did.  All Carano did was parallel what this stupid, unarmed and reality challenged Woke SJW faction seems to think won't lead to, at best, a (mostly) peaceful breakup of These United States, or a hot Civil War.

She also did this - a cardinal sin in the eyes of those in the Church of Progressivism:

This is heresy.

Paul Joseph Watson points out the level of hypocrisy in the video below.  "It's OK when we do it!"  Yes, it is.  The level of hypocrisy is, as always, off the charts.  Remember, it's supposed to be that way.  They don't care that it's hypocritical.  James Gunn was rehired even after he was found to have tweeted about rape and pedophilia.  So what?  That's the whole point.  It's about power and getting those outside the group to apologize and grovel.  Then the heretic gets cancelled anyway.

Consistency, logic, reason, fairness - they mean nothing to these people.  Break away from Hollywood - and Big Tech whenever you can.

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Developer Tells Google to Go Somewhere

Andrew Spinks has the right idea:

Google / YouTube did one of its 'terms of service' violations on Spinks and his company, Re-Logic.  After asking why, trying to get it reinstated, attempting to work with google, Spinks did what everyone should do: cut the cord with google:

"Consider it burned."

Google / Youtube has become a censorious joke.  Who knows what caused this guy's whole google world to get erased?  Was it a  bot?  An SJW?  No one knows.  This can cause havoc and major losses for a company that's used google for 15 years.

"Google uses a single account system across nearly all of its products. On one hand, this makes it easy for users of one Google service to try other Google services, but it also leads to ridiculously disproportionate punishments if a user gets hit with an account ban. A YouTube copyright claim, Google Pay transaction dispute, or TOS violation can lead to your entire online life being taken down. If you're all in on the Google ecosystem, a Google account ban means you lose access to your entire email account; all the pictures you've ever taken; your cell phone service; your ability to communicate with friends and family; all your 2FA accounts; anything that uses Google OAuth; your app development business; your YouTube business and all your followers; your purchased apps, games, movies, music, and books; and all your contacts, documents, bookmarks, and notes.

For many people, a Google account ban is an online death sentence, and it's also a punishment doled out without much recourse for the victim. How would you even begin to dispute a Google account ban when the first thing that happens is your Gmail stops working? If you happen to be a famous indie developer with a hit game in development for Google's streaming service, publicly canceling your game on Twitter is probably a good way to get your case heard."

I like this guy Spinks.  Rather than continue to grovel, he simply told google to piss off.  He told Google that "Doing business with you is a liability."  That's the right attitude.  He is the talent.  Not them:

By making so much of what it does free, google has created a huge ecosystem of people dependent on it.  Not only cases like this one, but the SJW element of google makes it no longer a viable concern.  I use the Brave browser, and am slowly moving things over to the proton mail suite of products.  I recommend doing this sooner rather than later.  If this hot shot game developer can get vaporized, you're even more at the mercy of a bot or an SJW.  As Vox says on his blog - remove yourself from the 'cult of free'.

It's good advice.

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The Establishment Lashes out at Matt Taibbi - AGAIN

Matt Taibbi wrote a reaction piece to the GameStop frenzy that was friendly toward the regular people involved.  No one is allowed to do that, especially if you have a big platform like his.

This caught the attention of a shill at New York Magazine.  He didn't like the populist tone of Taibbi's article, and scolded him in public.

Taibbi dedicated a post on his site in response:

I subscribe to Taibbi's substack.  I suggest you do too.  Here is the comment I wrote on Taibbi's site:

"We have witnessed a complete assault on small business, and no one says boo because if you do, they shout Covid is a thing!! as the local sandwich shop goes under while Target never closes. I can go into the Chase bank down the street, with a mask, and no one is angry. But the rulers of NY and NYC have determined that the small businesses (restaurants mainly), remain closed for indoor dining. The small business destruction is impossible to quantify. There was a poll on Twitter not too long ago asking who did more damage to NYC: DiBlasio or Mohammed Atta. DiBlah won and it wasn't even close.

They do it because of two things. The first is that the corporate media shills will always rush to defend entrenched interests. That's their job. The second is that large sections of the people believe them, and trust places like CNN and FOX. I work with people who come into work and listen to CNN and NPR for their news. Whatever they say about the GameStop event, or the "Insurrrection!" is taken in as gospel.

I suspect that's why the New York Magazine shill went after Taibbi. How dare Taibbi misconstrue the event, and even come close to showing sympathy for the unwashed rabble? Doesn't Matt know that when the masses learn about the leverage they have they must be crushed, and 'taught' the right way to interpret things? Only those who go to the private boarding schools are to be taught what leverage is, and how to use it. John Taylor Gatto blew the whistle on this one many years ago.

Keep up the good work Matt Taibbi. This was a great response."

........

It was Michael Malice who had the poll, as he sees the destruction done to small business and regular people all in the name of 'public health'.  Amazing how all of the COVID! decisions have hurt small businesses and regular people, while enriching those at the top.  The top of the pyramid has learned what they need to do in order to consolidate money and power.  They'll do it again.

It's why this GameStop thing is so important.  Learn about leverage, and how to use it.  

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There is a Raging Battle for Your MIND

As a 25 year veteran of the school business, I have a front row seat at the battle for young adult minds.  Teens get hammered by nonsense on social media, streaming services, corporate media, and the millimeter deep fluff in the school curriculum.

Recently, we've seen the increasing amounts of censorship on social media sites as well as YouTube.  This is because the Narrative has to be maintained, and there simply cannot be dissenting voices out there.  An example of this is the vanishing of Parler, a conservative social media site.  I just went to parler.com, and this is what you get:

As much as it looks like the usual cloddish banning / stifling methodology of SJW Big Tech, there is a deeper element at play.  

Vox has had on his blog posts about Big Tech targeting conservatives, and how it's been able to corral them over the years into an easily manageable pen.  Parler was one of those cases.  Not only were mainstream conservatives not allowed to roam free on the digital plains of Twitter, they were pushed to switch over to Parler - a managed platform engineered to entrap the Normie Conservative.

They don't even want regular conservative minds to be unshackled.  That's how maniacal the Power Elite are.

The interesting part is that there's always been an alternative to Twitter: Gab.  When the conservative / libertarian censorship began on twitter, why weren't people told to 'get on Gab', like we heard during 2016-2017?  Well, now that the founder of Parler, John Matzte, has been booted from his own site, Andrew Torba, the founder of Gab, is speaking out.  They wanted him to bend the knee a few years ago, and he wouldn't.  That's why you didn't hear about Gab, you heard the clarion call to move to Parler.  

The conservative gatekeeper faction of the Cathedral had reached out to Torba. He said no:

They want you to 'take the deal', as Torba says above.  

It's essentially, a bribe.  In the battle for you mind and your opinions, they'll make offers to enrich those who break through the ceiling.  If you see all of the mainstream conservative (cuckservative) voices touting a site, like Parler, you know it's a trap.  This is exactly what happened.  

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Short Term vs. Long Term Gratification - The Marshmallow Test

How difficult is it to hold back, to limit yourself and reject short term pleasure when you know that if you wait you'll do even better?

Can some people naturally do this? Do we have these controls, or lack thereof, built into us?  Take a look at the famous "Marshmallow Test" and see what these children do, how they act.

From Infogalactic:

The Stanford marshmallow experiment[1] was a series of studies on delayed gratification in the late 1960s and early 1970s led by psychologist Walter Mischel, then a professor at Stanford University. In these studies, a child was offered a choice between one small reward provided immediately or two small rewards (i.e., a larger later reward) if they waited for a short period, approximately 15 minutes, during which the tester left the room and then returned. (The reward was sometimes a marshmallow, but often a cookie or a pretzel.) In follow-up studies, the researchers found that children who were able to wait longer for the preferred rewards tended to have better life outcomes, as measured by SAT scores,[2] educational attainment,[3] body mass index (BMI),[4] and other life measures.[5]

For today:

1. After watching the video, please explain what you learned.
2. How well did the presenter get the point across, and inform you what the "marshmallow test' was?
3. If you were doing your presentation on this topic, would you use this video? Why or why not?

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Why the r/wallstreetbets Silver Move Failed

 Robert Kiyosaki is the author of the best seller Rich Dad, Poor Dad.  It's a pretty good book.  It isn't the one you want.  The one you want is Cash Flow Quadrant.  It's the one with actionable advice.

For the information in Rich Dad, Poor Dad, just watch one of the YouTube videos on it.  You'll get it in 10 minutes.

In this video, Kiyosaki not only tells you why the silver play failed, but also what his upcoming book is about.  He also talks about the way the country is going, and why he's heavy into gold, silver, and cryptocurrency.  I agree with him.  When we talk about the balkanization of these United States, Kiyosaki's comments about what is going on are a large part of the discussion.  He's particularly on point about the idiocy, ignorance, and outright disgusting nature of much of the university faculty / ethos.

If the universities are miseducating students, and the federal government is doing nonsense like this, then it makes sense to get as much information from someone like Kiyosaki, who has a track record of success.  Store your wealth.  Learn why the Reddit silver play flopped, and listen closely to this guy.  

From YouTube:

"This is an episode of The Pomp Podcast with host Anthony "Pomp" Pompliano and guest, Robert Kiyosaki, an American businessman and author. Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos. 

His book, Rich Dad Poor Dad, is the number 1 personal finance book of all time. In this conversation, Anthony and Robert discuss the current global economy, why the Fed is a cartel, what every individual needs to understand about finance, where you should put your wealth to protect it, why the little guy is going to get screwed in this financial depression, and Robert even shares a number of Vietnam war stories."

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Charles Payne Goes OFF on National TV While Paper Silver and Real Silver DISCONNECT

Cavuto had 2 establishment guys on his show on Friday the 29th of January.

Charles Payne, at around 5 minutes in, goes OFF on Gasparino's total inability to unshackle himself from his Establishment Elite position.

Payne goes crazy, and he's justified.  This idea that the retail investors are stupid and need to be corralled in to a small, safe pen, while the Hedge funds go about rigging the market and enriching themselves at everyone's expense is insulting and absurd.  Gasparino doesn't seem to mind the leverage of the Hedge funds, but is somehow offended when the regular people do something that causes hedge fund pain.  

Charles Payne sees it immediately and calls him out on it - loudly. (around 5:00).

Ironically, Gasparino's defense of short sellers at the beginning of this video is correct.  He's 100% right.  Marc Cohodes, David Einhorn, and Jim Chanos have been doing legitimate short selling for years.  They attack fraud and protect investors from danger and predators in the stock market.  Cohodes upset the apple cart so badly that he got a personal visit and threats from the FBI.  He went after top of the pyramid connected fraud and took serious heat.  We want short sellers like Cohodes out there.

This is the best podcast you'll ever hear on the topic.  It tells you the difference between real short sellers, the ones Gasparino talks about at the beginning, and the 'smash and grab' guys getting their asses handed to them courtesy of r/wallstreetbets:

Here's Payne bringing the pain (sorry, I lack discipline):

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Meanwhile the silver market is in flux.  Paper silver products are disconnecting from the price of physical silver.

Just to check for myself, I went to APMEX to buy some silver.  Here's the screenshot:

I went to buy, and the price is over $42.00, and the silver will be shipped to me around Mid February, in 2 weeks. 

The proles are restless, and they're not all stupid. Payne is right.  There is clearly a class warfare aspect to this, and it will echo for years to come.

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