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April 2016

DAVID GOLDMAN; ALICE IN TRUMPERLAND

“There’s a trade war on with China, and we’re losing it,” radio talk show host Laura Ingrahamhectored Sen. Ted Cruz, who opposes legislation to punish China for alleged currency manipulation. “Ted, you’re on the wrong side of history on this issue,” Ingraham added. Ms. Ingraham somehow had made her way to the wrong side of the looking-glass, where everything is backwards.

For those of us on the right side of the looking-glass, that is, in the real world rather than Trumperland, the opposite is the case: China’s real effective change rate (the trade-weighted exchange rate adjusted for differences in inflation) is twice as high as it was 20 years ago, and 40% higher than it was in 2008. China’s currency has been going up, and not down.

As it happens, China’s exports to the US have barely grown since the 2008 crisis. The chart below shows annualized growth of US imports from China over a rolling five-year interval. Until the 2008 recession US imports from China were growing at annual rates of 15% to 30%. Growth during the past five years has been barely above 3%.

The reason China’s real effective exchange rate rose so much is that China effectively pegged its currency to the US dollar. The dollar has risen by 25% on a trade-weighted basis since early 1914, when the Federal Reserve announced it would raise interest rates. Only after the US dollar rose by 25% (and the Chinese currency rose with it) did China allow its currency to fall slightly against the dollar–because the Chinese currency had risen massively against every other currency in the world.

The jump in the value of China’s currency due to China’s refusal to let its currrency fall against the dollar did enormous damage to China’s exports. In an Oct. 27, 2014 study for Reorient Group in Hong Kong, I showed that changes in the Chinese yuan’s real effective rate accurately predicted changes in Chinese exports with a three-month lag.

Peaceful PEGIDA UK March Takes Place In Birmingham see note please

Good news: The PEGIDA Movement – Patriotic Europeans Against the Islamization of the West – is growing in Europe and leader Tommy Robinson, who has led the charge against Muslim sex grooming/enslavement of British girls, appears to have recovered from a recent assault in which he sustained head injuries. (He is definitely on the Muslim “Hit” Parade). Bad news: Police cordoned off yesterday’s PEGIDA demonstration in Birmingham to keep it out of the purview of the public. Only a few hundred people showed up for the demonstration. Janet Levy

BIRMINGHAM, United Kingdom – Hundreds of ‘anti-Islamisation’ protesters descended Birmingham today for the second march of the PEGIDA UK movement, fashioned on the German marches that have attracted up to 18,000 people to the streets of Dresden.

Organiser Tommy Robinson appeared alongside anti-Sharia campaigner Anne Marie Waters amongst others. But the real star of today’s proceedings was Lutz Bachmann, the founder of the global PEGIDA movement which now has branches in 27 countries.

The march began at Birmingham International Airport’s train station, where the crowd amassed under banners opposing mass migration into Europe, as well as flags from a number of different countries, include Israel and the Czech Republic. The LGBT ‘Rainbow’ Flag also flew.

Lori Lowenthal Marcus:NYC Gives $500K to Group Led by Violence-Glorifying Arab ‘Activist’

NYC gives $500K to an organization serving few and run by a Zionist-hating anti-Israel violence promoter. The First Lady of New York City, Chirlane McCray, on behalf of a City non-profit, is handing over $500K to an Arab American activist who is supported by a Hamas-affiliate organization and who herself proudly supports rock attacks by Palestinian Arabs against Israelis. And the money is earmarked to support a tiny population. Why?

The Mayor’s Fund to Advance New York City is a tax-exempt, non-profit organization that promotes public-private partnerships to meet the needs of the City’s underserved. To apply for participation, community groups fill out a request for proposals and, if approved, are matched with a private entity to collaboratively meet the needs of a given needy community.

On March 11, the Mayor’s Fund announced that 14 community groups would be receiving grants to partner with mental health providers to improve access to mental health care providers in their communities, as part of the $30 million program “ThriveNYC.”

The Fund’s website proclaims that its current areas of focus include youth workforce, mental health, and immigration.

WHO IS AAANY’s DIRECTOR?

Despite that claim, the 14 groups just awarded by the Mayor’s Fund, which together will receive at least $10 million over the next five years, includes at least one, the Arab-American Association of New York, whose mission is to “support and empower the Arab Immigrant and Arab American community by providing services to help them adjust to their new home and become active members of society.”

Instead of “active,” they may mean “activist.” One might think that because the director of the AAANY is Linda Sarsour who describes herself as a “Palestinian-American-Muslim, racial justice & civil rights activist.”

The unfair media bias by Steven Emerson

The willful blindness of the Western media and intellectual elites to Palestinian incitement and their hyper-focus on any incident they can use to portray Israel in a negative light were on abundant display last week when footage emerged of an Israel Defense Forces soldier shooting a wounded and disarmed Palestinian terrorist.

Since then, The New York Times and The Washington Post have run no fewer than 16 stories about the incident. This volume of coverage reinforces the patently mendacious Israel-is-evil “narrative” promoted by the mainstream media, the liberal elites in bed with Palestinian and jihadist killers, the demonstrably one-sided United Nations, and the sanctimonious rants of several congressional leaders who claim they are speaking out in the name of human rights.

Meanwhile, these same news outlets consistently fail to speak out against the massive and ongoing denial of human rights, suppression of basic freedoms and daily torture meted out to any Palestinian dissident by both the Palestinian Authority and Hamas. Many of these violations have been investigated and documented in horrific detail by the courageous Palestinian human rights advocate Bassam Eid.

No, the “narrative” does not allow mainstream news outlets to file negative reports on Palestinian human rights violations, their rampant corruption, and most importantly, their massive incitement to terrorist violence, which is being promoted by the very leadership of the Palestinian Authority. This includes vile lessons in how to kill Jews, taught in U.S.-sponsored Palestinian schools and universities, and instructional videos on stabbing and murdering Jews being shown to thousands of Palestinian schoolchildren.

Pierre Bergé Slams Designer “Islamic Fashion” Scarlett Conlon

WHILE a growing number of fashion brands are creating fashion collections aimed at Muslim women, Pierre Bergé has taken issue with designers creating Islamic clothing.

“I am scandalised. Creators should have nothing to do with Islamic fashion,” the 85-year-old told French radio station Europe 1 yesterday, reports The Guardian. “Designers are there to make women more beautiful, to give them their freedom, not to collaborate with this dictatorship which imposes this abominable thing by which we hide women and make them live a hidden life. These creators who are taking part in the enslavement of women should ask themselves some questions.”

Bergé went on to say that the only reason that labels – which include Marks & Spencer, Uniqlo and Dolce & Gabbana – create such collections is “to make dough and nothing else”, and he would tell them to: “Give up the dough. Have convictions. Defend your convictions.” The French businessman – who founded Yves Saint Laurent alongside the eponymous designer, who was also his life partner – stressed that his comments are not Islamaphobic. “I live in Morocco most of the time, I am really not Islamophobic,” he said.

His comments come as Laurence Rossignol, France’s women’s rights minister, criticised Marks & Spencer’s full-body swimsuit, suggesting that the British retailer is “bowing to religious conservatives,” according to The Daily Telegraph.

“What’s at stake is social control over women’s bodies,” she told RMC radio. “When brands invest in this Islamic garment market, they are shirking their responsibilities and are promoting women’s bodies being locked up. It is irresponsible on the part of these brands. All those who participate in how society is represented have a responsibility.”

Marks & Spencer responded to the comments, saying that it “provides a wide range of quality swimwear”, and that it has sold the full-body swimsuit “for a number of years and it is popular with our customers internationally”.

David Singer: Politics Precede Humanity In Brussels Bombings

The European Union has been increasingly expressing its growing antagonism towards Israel by

1. imposing specific labelling laws for goods produced by Jews emanating from Judea and Samaria (the West Bank)

2. building structures in Area C of Judea and Samaria (the West Bank) without consent or authorisation by Israel – which exercises full administrative and security control over this area under the Oslo Accords to which the European Union is a signatory.

Positions such as these taken by the European Union – coupled with a growing tide of Jew-hatred in Europe during the past decade – create an atmosphere of hostility towards the Jewish State and can legitimise public expressions of opinion in Europe that would otherwise have been deemed politically incorrect and subjected to widespread criticism.

A case in point seems most likely to have occurred following the tragic events in Brussels on March 22 when 32 people were killed and 340 wounded in two terrorist attacks at Brussels Zaventem airport terminal and the city’s underground metro system.

Belgium’s federal hotline – set up by the Belgian Interior Ministry to take calls after these attacks – has fired an operator who told a caller that Israel does not exist and should be called Palestine instead.

The caller told the operator that he was a volunteer for the city of Antwerp’s Jewish Coordination Committee. Their message was recorded and the full English translated transcript follows:

XXX: Good afternoon, my name is XXX. I am a volunteer in the Jewish Coordination Committee of Antwerp. We are contacted by persons… we have two persons of the Jewish community that were hurt in the attacks in the airport.

Crisis Centre: Yes sir.

XXX: They are prepared to be transported back to Israel. Our volunteers are busy with it and take care of everything but we received information from the hospital that we need special papers from the police that they can be released. Is this correct and to who should we ask that? Can you tell me more about that?

Beating Sense into Undergrads To put student complaints into perspective, take a trip to the good old days. By Josh Gelernter

The infant undergrads of America hit another low last Monday when Emory students woke up and discovered that pro-Trump slogans had been written in chalk on some of the university’s sidewalks. According to the Emory student newspaper, about 40 Emorites responded to the chalking by assembling outside the university president’s office and demanding that he meet with them, because they were “in pain.” The paper quotes students saying the chalk slogans were “fear”-inducing; one said she didn’t “deserve to feel afraid at [her] school.”

Why do these kids need to be handled so very gently? According to one Emory undergrad, who echoes whining heard on campuses across the country, some students “are struggling academically because they are so focused on trying to have a safe community and focus on these issues” of student comfort.

What these kids need, besides a kick in the pants, is a look at university life in the good old days, when universities were just starting to revolutionize education and lay groundwork for the Enlightenment.

When you get right down to it, two men invented modern test-and-result science: Francis Bacon and William Harvey (who discovered blood circulation). They both got their start as undergrads at Cambridge in the late 16th century.

What was Cambridge like in the late 16th century? Not pleasant. Harvey, like all students too poor to afford private lodging, slept in a tiny attic room with three other students. The attic had a window, but the window had no glass, and the room had no fireplace. According to a 16th-century writer — quoted in Thomas Wright’s superb Harvey biography, A Life in Circulation — Cambridge students were known to “run up and down half an hour, to get heat in their feet,” before turning in at night.

At 4 in the morning, students were awakened by the college bell, which gave them time to dress and prepare themselves for chapel, which began at 5. Chapel was mandatory; missing morning prayers resulted in a fine of at least twopence (at a time when one penny was enough for a meal that four students could share).

After chapel, at 6:10, classes began. Like prayer, classes were mandatory, and missing one of your hour-long lectures would get you hit with another two-penny fine. With short breaks for lunch and dinner, classes continued — in unheated and badly ventilated rooms — until 7 in the evening, when students returned to chapel for evensong. After the evening prayers, studies resumed, until 9 or 10; then the students put a little heat in their feet, climbed into their attics, and managed five or six hours’ sleep before starting again at 4.

This was all rough on Harvey, who entered Cambridge at the tender age of 15. It was probably even rougher on Bacon, who started Cambridge at 12.

TOMMY ROBINSON VS. ISLAMIC SUPREMACISM: SPECIAL 2-PART VIDEO SERIES

Welcome to our special 2-Part Glazov Gang video series withTommy Robinson, the founder and ex-leader of the EDL, the coordinator of Pegida UK and the author of his new memoir, Enemy of the State. http://jamieglazov.com/2016/04/02/tommy-robinson-vs-islamic-supremacism-special-2-part-video-series/

In Part I, Tommy discusses his new memoir and his continuing fight against the Islamization of his country. He talked about his opposition to all forms of racism and the slanders against him, the British authorities’ persecution of him for being a British patriot, the vicious Islamic assault on his nation and the mass denial about it, and much more.

In Part II, Tommy focuses on Rotting in Solitary, sharing the excruciating ordeal he has endured in the UK prison system.

Don’t miss this 2-part Blockbuster series!

From Classroom to Courtroom The war on free speech on campus and beyond By Kevin D. Williamson

I spent part of the week speaking on several college campuses in Texas, and my subject was free speech and the threats against it on campus and beyond. The students were in the main shocked and dismayed at the revitalization of censorship as a political ideal and by the widespread support for censorship among so-called liberals. Most of them were genuinely unaware of just how far and wide the war against free expression currently ranges.

This is strange, because the war on free speech starts on campus.

In March of 2014, Professor Lawrence Torcello of the Rochester Institute of Technology, the seal of which appears alongside the definition of “second-rate” in many dictionaries, published a short article online calling for the criminalization of what he calls “climate denial,” meaning the holding, perpetuating, and, especially, the financial support of heretical ideas about global warming. A few articles were written criticizing the article, and the response was the expected one: “It’s just one crank nobody professor from some second-rate philosophy department publishing a blog post, don’t make such a big deal about it!” Professor Torcello subsequently denied that he had argued what he plainly does argue, namely that legal protections for free speech should not encircle those who dissent from the received dogma of global warming. “Misguided concern regarding free speech,” he wrote, should be no impediment to imposing criminal sanctions on those whose activism “remains a serious deterrent against meaningful political action” on the issue.

We’ve taken this ride before: An obscure academic writes something loony. We withstood “feminist physics” and “queer algebra,” and we’ll get through this, too.

Unless we don’t.

Shortly after Professor Torcello’s tentative exploration of criminalizing political disagreement, Gawker published an article by Adam Weinstein bearing the straightforward headline: “Arrest climate-change deniers.” Building on Professor Torcello’s argument, Weinstein called explicitly for the imprisonment (“denialists should face jail”) of those working to further particular political goals (“quietist agenda posturing as skepticism”) on climate change. Never mind that protecting people and institutions attempting to further a political agenda is precisely the reason we have a First Amendment. Weinstein dismisses the First Amendment out of hand, with the expected dread cliché: “First Amendment rights have never been absolute. You still can’t yell ‘fire’ in a crowded theater. You shouldn’t be able to yell ‘balderdash’ at 10,883 scientific journal articles a year, all saying the same thing.”

Yelling “balderdash” at the conventional wisdom has a very long and proud tradition. (Not that it should matter to this debate, but I suppose I should here note for the record that I hold more or less conventional views on climate change as a phenomenon but prefer mitigatory policies to preventative ones.) The name “Elsevier” is not beloved on college campuses (the modern company is a publisher of academic journals and sometimes is criticized for its pricing), but it is to that company’s spiritual ancestor, the Dutch printing house of Lodewijk Elzevir and his descendants, that we owe the publication of, among other articles of samizdat, the works of Galileo, at that time under Inquisitorial interdict. (The story of Elzevir’s 1636 covert mission to Arcetri to meet with Galileo and smuggle his manuscripts to Amsterdam, a city that was then as now a byword for liberality, would make a pretty good movie.) It isn’t that it’s likely that our contemporary global-warming critics are doing work as important as Galileo’s: It’s that no one knows or can predict, which is the practical case for free expression, which should be of some concern even to our modern progressives, self-styled empiricists and pragmatists who reject the moral case for free expression.

Trump Failing to Nail Down Loyal Delegates for the Convention By Rick Moran

This story in Politico about Trump delegates willing to bolt the candidate on the second ballot of a contested convention will be dismissed by many Trump partisans as anti-Trump propaganda.

Indeed, it may be. But if we’ve seen any weakness from Trump in the past two weeks, it is the lack of political acumen from his team when it comes to the real nuts and bolts of politics: choosing delegates who are rock solid supporters. The controversies in Louisiana, South Carolina, and North Dakota are just the tip of the iceberg. The fact is, Trump may be winning more votes than Cruz at the ballot box, but the incompetence of his campaign aides in turning those votes into loyal delegates is painfully obvious.

If Trump heads into the convention without the magic number of 1,237, already more than a hundred delegates are poised to break with him on a second ballot, according to interviews with dozens of delegates, delegate candidates, operatives and party leaders.

In one of the starkest examples of Trump’s lack of support, out of the 168 Republican National Committee members — each of whom doubles as a convention delegate — only one publicly supports Trump, and she knows of only a handful of others who support him privately.

Meanwhile, Ted Cruz has been whipping Trump in the quiet, early race to elect his own loyalists to become delegates to the convention, meaning that the Texas senator could triumph through delegates who are freed to vote their own preferences on a second ballot, regardless of who won their state.

“As far as the stealing of the Trump nomination, that’s a big concern for everybody,” said Diana Orrock, the RNC committeewoman from Nevada and the only one of 112 committeemen and women who openly supports Trump. None of the nation’s 56 state and territory GOP chairmen, also convention delegates, have endorsed Trump either. They are subjected to a mix of state-based rules as far as their obligation to back Trump on the first vote.