Connect with us

International

Five Lessons From Three Years Of Authoritarianism

Five Lessons From Three Years Of Authoritarianism

Authored by Seth Smith via The Brownstone Institute,

Three years ago few of us knew the…

Published

on

Five Lessons From Three Years Of Authoritarianism

Authored by Seth Smith via The Brownstone Institute,

Three years ago few of us knew the impending storm that was brewing; one that would upend the very fabric of global democracy, destroy whole communities, businesses and families and cause a vast number of children and adolescents to become unmoored and disengage from society, among many other deleterious outcomes. 

Perhaps most chilling of all has been the sinister turn in those three years of what was once seemingly a force for good, “public health;” which changed into a punitive and authoritarian entity that wilfully engages in iatrogenesis and the disenfranchisement of those skeptical of the medical-industrial complex through widespread and draconian vaccine mandates. 

In retrospect, America in February of 2020 seems like a libertarian, innocent age compared to our current one. We did not live under the shadow of possible nuclear holocaust. Everyday life was devoid of the nanny-state elements of our current age. Many of us had gone through life never quite knowing what the destructive power of a government run amok looked like. 

Now we know.

Not only do we once again live under the imminent threat of atomic annihilation, as our global “leaders” continue to play out a 21st-century version of Dr. Strangelove, but Covid offered an opportunity to further militarize and subordinate society. For let’s call lockdowns what they were: martial law. 

Moreover, the government and the security state during the last few years has proved itself to be in the service of only a tiny sliver of shadowy and in some cases invisible elites and “experts” whose actions have, in America most especially, been held to little accountability. In the face of lockdowns, which happened to be the most universally undemocratic and destructive event of my lifetime, regular citizens were held in contempt and with little more agency than the serfs of the Middle Ages. Some of us were made completely irrelevant and “non-essential.” 

Yet, amongst this wreckage and horror, many skeptical people, who once believed in benevolent leaders, have been freed from the flawed faith in “good” government. In this freedom lie several important lessons for how to move forward into a (hopefully) less totalitarian future.

Lesson #1: We need to hold the medical-industrial complex accountable.

My skepticism about the medical-industrial complex felt inchoate and somehow unfounded pre-Covid. Sure, I knew I’d be given a lecture at every doctor’s appointment about how I needed to schedule colonoscopies (in my early 40s!), buy new medicines, get blood work done, no questions about my holistic well-being, diet, etc. It didn’t matter which doctor I saw, they were all like that. There was always a feeling that these big buildings and office parks that housed the machinery of the medical industrial complex were, like consolidated public schools or prisons, quite anti-human. But I still . . . believed, more or less. 

What the Covid mania revealed is that much of the medical-industrial complex, like the military-industrial complex, is part of a system of hierarchical relationships that only truly benefits those in power. The beneficiaries being Big Pharma, massive corporate health systems, wealthy physicians and even a security state/biodefense apparatus that sees vast swaths of the global population as dots on a chart to be manipulated, vaccinated and medicalized. 

Even worse, iatrogenesis – the massive health harms caused by Covid medical interventions – generates unseemly and massive profits, again for a tiny segment of individuals with unfathomable power and wealth (Bill Gates is the prime example). This sinister complex relies on sickness, not health to make their profits. I believe this is one reason why Covid was so intensely medicalized and why we all became pawns of the vaccine industry, instead of public health pursuing more holistic attempts for better outcomes for people with Covid. 

None of us has to take this lying down, though. Health consumers can take back their rights through the great work of organizations such as the Children’s Defense Fund and No College Mandates, two groups with writers affiliated with Brownstone Institute. 

Lesson #2: The “real” American left is not MSNBC and has perhaps vanished entirely 

The American liberal-left is a coalition that has deteriorated so far as to be unrecognizable, filled with purity tests, blind obedience to secret service agencies like the FBI, the CIA and shadow organizations in the military like DARPA, with authoritarian leaders who constantly virtue signal and who will censor and cancel those they do not agree with. 

For many years, since the late Obama years particularly, I’ve felt more and more out of place within the cultural ideology of the American left, which has placed identity politics above economic fairness, and in many instances is entirely unrecognizable from the “left” of old. 

Covid remains the demarcation point–when I and millions of others abandoned the movement entirely.

Nothing about being a cheerleader for lockdowns represented traditional leftist values. In fact, I would argue that the natural place for the American left was to viciously oppose lockdowns, because they so deleteriously affected the working class, working poor, and minorities. And yet the silence on the left in the mid-part of 2020, much to my horror, soon became derision and then full scale hatred toward those of us who proclaimed our opposition to lockdowns, even with reasoned analysis or proposals such as the Great Barrington Declaration

That we were brutally censored and that all protestations ended up falling on deaf ears was such an alienating experience, many of us who at one time proclaimed to be “of the left” have abandoned the project entirely, and most especially the political party that was supposed to represent us in America, the Democrats. We have emerged politically homeless; some having even established alliances within the welcoming arms of the libertarian and conservative movements. 

This begs the question that many of us have pondered: what is the political left now? And what has it always been? 

It certainly does not resemble the George Orwell version, which had so much influence on me as a college student. The spirit of the left contained in “The Road to Wigan Pier,” for instance, feels like a world gone by, infused as it was with a healthy skepticism, admiration and reverence for the working classes, and the mutually supportive ideas of liberty and egalitarianism. Such humility and nuance have almost wholly disappeared from our current rendition of “leftism.” 

Some of us have even wondered (and indeed Orwell pondered the same thing): does leftism, if unchecked, always loop into something horrendous, the inevitable conclusion not being utopia but the graveyards of Cheong Ek or tendentious, censorious authoritarianism? 

Does dialectical materialism only go down one road in the end, and that toward Stalinism or fascism? 

Yet, despite the loneliness of becoming a dissenter within one’s old political home, the complete destruction of what used to be “left” and in some instances “right” political spheres is in itself freeing. Many of us are carving out new political identities and in some cases new political parties and alliances are forming. This outcome will ultimately be very healthy for the future of democracy. 

Lesson #3: We have proof that “experts” are often wrong. 

A healthy skepticism of the “experts” and elites has always been a hallmark of American life, especially out here in the provinces where I reside. Yet, as Christopher Lasch pointed out in Revolt of the Elites and the Betrayal of Democracy – the last book he published and maybe most prescient – many American elites and professional “experts” have now completely abandoned their advisory roles to become de facto rulers in themselves, worshiped in almost a religious sense by a segment of completely secularized, well-to-do liberals. These elites, however, mostly hold contempt toward the working and middle class. This has been happening for quite some time (Lasch’s book was published in 1996).

The most egregious recent example of this worship and the power of the 21st century technocrat is embodied by the former Director of NIAID, Anthony Fauci, who was the public face of the disastrous Covid response for nearly three full years. The myopic reverence for this man is dangerous on many levels, but it also showcases a grave weakness of modern humanity; many of us will give up even the most basic freedoms because we blindly trust a technocratic “savior” who just may have all the wrong data or simply be a mendacious, cunning bureaucrat. 

Yet, before Covid many of us, including myself, trusted unelected bureaucrats like Fauci far too often with little questioning of their motives. Lockdowns showed their hand and tipped the balance toward egregious authoritarianism. Unelected administrative-state actors should not have any ability to create policy by fiat, and groups such as the NCLA are fighting many of the unconstitutional edicts pushed forward by the Centers for Disease Control and Prevention and the NIH as part of the Covid response.

Lesson #4: The technology that was supposed to lessen inequality actually increases societal rifts.

The modern worship of technology has created an undemocratic information ecosystem rife with inequity, which helped smooth the way for authoritarian and coercive lockdown policies. In fact, with the aforementioned DARPA heavily involved in the Covid response and Big Tech gaining nearly unfettered power during the pandemic, technology’s tentacles are lodged in every classroom, courthouse and boardroom across the country. It seems likely that the architecture for future lockdowns is now firmly in place. 

We should never, at any moment moving forward, accept this as our future. The Western world imitated China’s brutal, authoritarian lockdowns because digital technology facilitated it. These policies would have been impossible as little as 25 years ago. 

And in the end it was all a sham. 

Millions still had to keep the sewers clear, emergency services running, the lights on and our grocery stores stocked. Working class people, many of whom were rightly skeptical of the Covid vaccine, and who subsequently lost their jobs because of the illegal vaccine mandates, were completely ignored by the laptop class who were able to work from home. In the midst of receiving endless curbside deliveries, virtue signaling on social media about “anti-vaxxers,” and sidelining those who actually had to leave their homes and work for a living, Big Tech only fueled the culture wars and ultimately hurt the working class. 

Lesson #5: The most meaningful things are still the most meaningful things. 

If we cannot trust the experts, the government, the global order, or technology, who can we trust? This is perhaps the most important question of all, and one that has been asked from time immemorial. In intense readings of Leo Tolstoy’s non-fiction work during this strange and awful time, especially Patriotism and Government and The Kingdom of God is Within You, I’ve come to realize that in the very act of trusting monolithic institutions or the state in general, we are looking for all the wrong answers and even perhaps asking the wrong questions.

For, like all of the material world, institutions are fallible and crumble. The right questions are much larger and far more personal, and the answers are immutable and have been there forever.

Outside the bounds of our fallible institutions, the most important answers to nearly every question are to be found in authentic feelings of love and belonging. Love for your family, or the little plot of land and house that you own, or the tiny farming community that you live in, the church you belong to, or the group of kind-hearted and supportive friends and writers, like those who have found one another in Brownstone Institute and other grassroots communities. 

Faceless federal institutions and their representatives do not deserve our love, nor in most cases do they deserve even admiration or respect. They are the products of very flawed, uncaring systems and are ultimately artificial creations of a flawed humankind. 

Despite the anguish and pain we have all felt–and the divisions the last three years of authoritarianism have created–don’t let the elites and their petty politics divide your friendships and family. Love is still the ultimate answer. 

Tyler Durden Thu, 03/02/2023 - 17:00

Read More

Continue Reading

International

Analyst reviews Apple stock price target amid challenges

Here’s what could happen to Apple shares next.

Published

on

They said it was bound to happen.

It was Jan. 11, 2024 when software giant Microsoft  (MSFT)  briefly passed Apple  (AAPL)  as the most valuable company in the world.

Microsoft's stock closed 0.5% higher, giving it a market valuation of $2.859 trillion. 

It rose as much as 2% during the session and the company was briefly worth $2.903 trillion. Apple closed 0.3% lower, giving the company a market capitalization of $2.886 trillion. 

"It was inevitable that Microsoft would overtake Apple since Microsoft is growing faster and has more to benefit from the generative AI revolution," D.A. Davidson analyst Gil Luria said at the time, according to Reuters.

The two tech titans have jostled for top spot over the years and Microsoft was ahead at last check, with a market cap of $3.085 trillion, compared with Apple's value of $2.684 trillion.

Analysts noted that Apple had been dealing with weakening demand, including for the iPhone, the company’s main source of revenue. 

Demand in China, a major market, has slumped as the country's economy makes a slow recovery from the pandemic and competition from Huawei.

Sales in China of Apple's iPhone fell by 24% in the first six weeks of 2024 compared with a year earlier, according to research firm Counterpoint, as the company contended with stiff competition from a resurgent Huawei "while getting squeezed in the middle on aggressive pricing from the likes of OPPO, vivo and Xiaomi," said senior Analyst Mengmeng Zhang.

“Although the iPhone 15 is a great device, it has no significant upgrades from the previous version, so consumers feel fine holding on to the older-generation iPhones for now," he said.

A man scrolling through Netflix on an Apple iPad Pro. Photo by Phil Barker/Future Publishing via Getty Images.

Future Publishing/Getty Images

Big plans for China

Counterpoint said that the first six weeks of 2023 saw abnormally high numbers with significant unit sales being deferred from December 2022 due to production issues.

Apple is planning to open its eighth store in Shanghai – and its 47th across China – on March 21.

Related: Tech News Now: OpenAI says Musk contract 'never existed', Xiaomi's EV, and more

The company also plans to expand its research centre in Shanghai to support all of its product lines and open a new lab in southern tech hub Shenzhen later this year, according to the South China Morning Post.

Meanwhile, over in Europe, Apple announced changes to comply with the European Union's Digital Markets Act (DMA), which went into effect last week, Reuters reported on March 12.

Beginning this spring, software developers operating in Europe will be able to distribute apps to EU customers directly from their own websites instead of through the App Store.

"To reflect the DMA’s changes, users in the EU can install apps from alternative app marketplaces in iOS 17.4 and later," Apple said on its website, referring to the software platform that runs iPhones and iPads. 

"Users will be able to download an alternative marketplace app from the marketplace developer’s website," the company said.

Apple has also said it will appeal a $2 billion EU antitrust fine for thwarting competition from Spotify  (SPOT)  and other music streaming rivals via restrictions on the App Store.

The company's shares have suffered amid all this upheaval, but some analysts still see good things in Apple's future.

Bank of America Securities confirmed its positive stance on Apple, maintaining a buy rating with a steady price target of $225, according to Investing.com

The firm's analysis highlighted Apple's pricing strategy evolution since the introduction of the first iPhone in 2007, with initial prices set at $499 for the 4GB model and $599 for the 8GB model.

BofA said that Apple has consistently launched new iPhone models, including the Pro/Pro Max versions, to target the premium market. 

Analyst says Apple selloff 'overdone'

Concurrently, prices for previous models are typically reduced by about $100 with each new release. 

This strategy, coupled with installment plans from Apple and carriers, has contributed to the iPhone's installed base reaching a record 1.2 billion in 2023, the firm said.

More Tech Stocks:

Apple has effectively shifted its sales mix toward higher-value units despite experiencing slower unit sales, BofA said.

This trend is expected to persist and could help mitigate potential unit sales weaknesses, particularly in China. 

BofA also noted Apple's dominance in the high-end market, maintaining a market share of over 90% in the $1,000 and above price band for the past three years.

The firm also cited the anticipation of a multi-year iPhone cycle propelled by next-generation AI technology, robust services growth, and the potential for margin expansion.

On Monday, Evercore ISI analysts said they believed that the sell-off in the iPhone maker’s shares may be “overdone.”

The firm said that investors' growing preference for AI-focused stocks like Nvidia  (NVDA)  has led to a reallocation of funds away from Apple. 

In addition, Evercore said concerns over weakening demand in China, where Apple may be losing market share in the smartphone segment, have affected investor sentiment.

And then ongoing regulatory issues continue to have an impact on investor confidence in the world's second-biggest company.

“We think the sell-off is rather overdone, while we suspect there is strong valuation support at current levels to down 10%, there are three distinct drivers that could unlock upside on the stock from here – a) Cap allocation, b) AI inferencing, and c) Risk-off/defensive shift," the firm said in a research note.

Related: Veteran fund manager picks favorite stocks for 2024

Read More

Continue Reading

International

Major typhoid fever surveillance study in sub-Saharan Africa indicates need for the introduction of typhoid conjugate vaccines in endemic countries

There is a high burden of typhoid fever in sub-Saharan African countries, according to a new study published today in The Lancet Global Health. This high…

Published

on

There is a high burden of typhoid fever in sub-Saharan African countries, according to a new study published today in The Lancet Global Health. This high burden combined with the threat of typhoid strains resistant to antibiotic treatment calls for stronger prevention strategies, including the use and implementation of typhoid conjugate vaccines (TCVs) in endemic settings along with improvements in access to safe water, sanitation, and hygiene.

Credit: IVI

There is a high burden of typhoid fever in sub-Saharan African countries, according to a new study published today in The Lancet Global Health. This high burden combined with the threat of typhoid strains resistant to antibiotic treatment calls for stronger prevention strategies, including the use and implementation of typhoid conjugate vaccines (TCVs) in endemic settings along with improvements in access to safe water, sanitation, and hygiene.

 

The findings from this 4-year study, the Severe Typhoid in Africa (SETA) program, offers new typhoid fever burden estimates from six countries: Burkina Faso, Democratic Republic of the Congo (DRC), Ethiopia, Ghana, Madagascar, and Nigeria, with four countries recording more than 100 cases for every 100,000 person-years of observation, which is considered a high burden. The highest incidence of typhoid was found in DRC with 315 cases per 100,000 people while children between 2-14 years of age were shown to be at highest risk across all 25 study sites.

 

There are an estimated 12.5 to 16.3 million cases of typhoid every year with 140,000 deaths. However, with generic symptoms such as fever, fatigue, and abdominal pain, and the need for blood culture sampling to make a definitive diagnosis, it is difficult for governments to capture the true burden of typhoid in their countries.

 

“Our goal through SETA was to address these gaps in typhoid disease burden data,” said lead author Dr. Florian Marks, Deputy Director General of the International Vaccine Institute (IVI). “Our estimates indicate that introduction of TCV in endemic settings would go to lengths in protecting communities, especially school-aged children, against this potentially deadly—but preventable—disease.”

 

In addition to disease incidence, this study also showed that the emergence of antimicrobial resistance (AMR) in Salmonella Typhi, the bacteria that causes typhoid fever, has led to more reliance beyond the traditional first line of antibiotic treatment. If left untreated, severe cases of the disease can lead to intestinal perforation and even death. This suggests that prevention through vaccination may play a critical role in not only protecting against typhoid fever but reducing the spread of drug-resistant strains of the bacteria.

 

There are two TCVs prequalified by the World Health Organization (WHO) and available through Gavi, the Vaccine Alliance. In February 2024, IVI and SK bioscience announced that a third TCV, SKYTyphoid™, also achieved WHO PQ, paving the way for public procurement and increasing the global supply.

 

Alongside the SETA disease burden study, IVI has been working with colleagues in three African countries to show the real-world impact of TCV vaccination. These studies include a cluster-randomized trial in Agogo, Ghana and two effectiveness studies following mass vaccination in Kisantu, DRC and Imerintsiatosika, Madagascar.

 

Dr. Birkneh Tilahun Tadesse, Associate Director General at IVI and Head of the Real-World Evidence Department, explains, “Through these vaccine effectiveness studies, we aim to show the full public health value of TCV in settings that are directly impacted by a high burden of typhoid fever.” He adds, “Our final objective of course is to eliminate typhoid or to at least reduce the burden to low incidence levels, and that’s what we are attempting in Fiji with an island-wide vaccination campaign.”

 

As more countries in typhoid endemic countries, namely in sub-Saharan Africa and South Asia, consider TCV in national immunization programs, these data will help inform evidence-based policy decisions around typhoid prevention and control.

 

###

 

About the International Vaccine Institute (IVI)
The International Vaccine Institute (IVI) is a non-profit international organization established in 1997 at the initiative of the United Nations Development Programme with a mission to discover, develop, and deliver safe, effective, and affordable vaccines for global health.

IVI’s current portfolio includes vaccines at all stages of pre-clinical and clinical development for infectious diseases that disproportionately affect low- and middle-income countries, such as cholera, typhoid, chikungunya, shigella, salmonella, schistosomiasis, hepatitis E, HPV, COVID-19, and more. IVI developed the world’s first low-cost oral cholera vaccine, pre-qualified by the World Health Organization (WHO) and developed a new-generation typhoid conjugate vaccine that is recently pre-qualified by WHO.

IVI is headquartered in Seoul, Republic of Korea with a Europe Regional Office in Sweden, a Country Office in Austria, and Collaborating Centers in Ghana, Ethiopia, and Madagascar. 39 countries and the WHO are members of IVI, and the governments of the Republic of Korea, Sweden, India, Finland, and Thailand provide state funding. For more information, please visit https://www.ivi.int.

 

CONTACT

Aerie Em, Global Communications & Advocacy Manager
+82 2 881 1386 | aerie.em@ivi.int


Read More

Continue Reading

International

US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever… And Debt Explodes

US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever… And Debt Explodes

Earlier today, CNBC’s…

Published

on

US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever... And Debt Explodes

Earlier today, CNBC's Brian Sullivan took a horse dose of Red Pills when, about six months after our readers, he learned that the US is issuing $1 trillion in debt every 100 days, which prompted him to rage tweet, (or rageX, not sure what the proper term is here) the following:

We’ve added 60% to national debt since 2018. Germany - a country with major economic woes - added ‘just’ 32%.   

Maybe it will never matter.   Maybe MMT is real.   Maybe we just cancel or inflate it out. Maybe career real estate borrowers or career politicians aren’t the answer.

I have no idea.  Only time will tell.   But it’s going to be fascinating to watch it play out.

He is right: it will be fascinating, and the latest budget deficit data simply confirmed that the day of reckoning will come very soon, certainly sooner than the two years that One River's Eric Peters predicted this weekend for the coming "US debt sustainability crisis."

According to the US Treasury, in February, the US collected $271 billion in various tax receipts, and spent $567 billion, more than double what it collected.

The two charts below show the divergence in US tax receipts which have flatlined (on a trailing 6M basis) since the covid pandemic in 2020 (with occasional stimmy-driven surges)...

... and spending which is about 50% higher compared to where it was in 2020.

The end result is that in February, the budget deficit rose to $296.3 billion, up 12.9% from a year prior, and the second highest February deficit on record.

And the punchline: on a cumulative basis, the budget deficit in fiscal 2024 which began on October 1, 2023 is now $828 billion, the second largest cumulative deficit through February on record, surpassed only by the peak covid year of 2021.

But wait there's more: because in a world where the US is spending more than twice what it is collecting, the endgame is clear: debt collapse, and while it won't be tomorrow, or the week after, it is coming... and it's also why the US is now selling $1 trillion in debt every 100 days just to keep operating (and absorbing all those millions of illegal immigrants who will keep voting democrat to preserve the socialist system of the US, so beloved by the Soros clan).

And it gets even worse, because we are now in the ponzi finance stage of the Minsky cycle, with total interest on the debt annualizing well above $1 trillion, and rising every day

... having already surpassed total US defense spending and soon to surpass total health spending and, finally all social security spending, the largest spending category of all, which means that US debt will now rise exponentially higher until the inevitable moment when the US dollar loses its reserve status and it all comes crashing down.

We conclude with another observation by CNBC's Brian Sullivan, who quotes an email by a DC strategist...

.. which lays out the proposed Biden budget as follows:

The budget deficit will growth another $16 TRILLION over next 10 years. Thats *with* the proposed massive tax hikes.

Without them the deficit will grow $19 trillion.

That's why you will hear the "deficit is being reduced by $3 trillion" over the decade.

No family budget or business could exist with this kind of math.

Of course, in the long run, neither can the US... and since neither party will ever cut the spending which everyone by now is so addicted to, the best anyone can do is start planning for the endgame.

Tyler Durden Tue, 03/12/2024 - 18:40

Read More

Continue Reading

Trending