Is this the world you want to hand to your children?


If you believe that all of the grand poohbahs of politics, commerce, and wealth simply attend the expensive World Economic Forum’s Annual Meeting in Davos, Switzerland, to see and be seen, you are wrong. They are there in a quasi-social setting to be indoctrinated into global socialism.

Consider one of the WEF’s latest articles, “Now is the time for a ‘great reset”…

They start off parroting Rahm Emanuel’s famous dictum, “In every crisis, there is an opportunity”


There are many reasons to pursue a Great Reset, but the most urgent is COVID-19. Having already led to hundreds of thousands of deaths, the pandemic represents one of the worst public-health crises in recent history. And, with casualties still mounting in many parts of the world, it is far from over.

This will have serious long-term consequences for economic growth, public debt, employment, and human wellbeing.

All of this will exacerbate the climate and social crises that were already underway. Some countries have already used the COVID-19 crisis as an excuse to weaken environmental protections and enforcement. And frustrations over social ills like rising inequality – US billionaires’ combined wealth has increased during the crisis – are intensifying.

[OCS: Let us not forget, the climate change effort was all about taking control of a nation’s economy and overriding its sovereignty. Many of the proposed environmental protections do nothing to change the climate but were naked power grabs.

I find it deeply ironic that Marxist class warfare and wealth inequality are being served up to the billionaires and multi-millionaires in the status-seeking audience with a wink-and-a-nod that their elite status will protect them from the ravages of any global reset into socialism.]

Left unaddressed, these crises, together with COVID-19, will deepen and leave the world even less sustainable, less equal, and more fragile. Incremental measures and ad hoc fixes will not suffice to prevent this scenario. We must build entirely new foundations for our economic and social systems.

[OCS: I wonder how many of those monarchs, dictators, and technology billionaires really want a more equal world? If that was true, why do the tech billionaires pay their systems engineers more than janitors? Why do Saudi princes tear around Beverly Hills in new Ferraris while their fellow citizens starve? And, for the numerous Communist Chinese in attendance, how about those Uighurs?

When Europeans speak of new foundations, it is almost always a reference to a new form of failed socialism – this time under their guidance to ensure success.]

The level of cooperation and ambition this implies is unprecedented. But it is not some impossible dream. In fact, one silver lining of the pandemic is that it has shown how quickly we can make radical changes to our lifestyles. Almost instantly, the crisis forced businesses and individuals to abandon practices long claimed to be essential, from frequent air travel to working in an office.

[OCS: People were afraid for their lives, made more urgent by sometimes false and misleading government statements amplified by the media. To believe Americans would voluntarily cede their constitutional rights to the government post-crisis is to surrender our nation to the global socialists and communists, often one in the same thing.]

Likewise, populations have overwhelmingly shown a willingness to make sacrifices for the sake of health-care and other essential workers and vulnerable populations, such as the elderly. And many companies have stepped up to support their workers, customers, and local communities, in a shift toward the kind of stakeholder capitalism to which they had previously paid lip service.

[OCS: People do sacrifice and assist others in a genuine existential crisis, but not in a phony crisis ginned-up by some European socialists.

For those who are unfamiliar with the term “stakeholder capitalism,” it is a term designed to grant decision-making input and power to those who do not create or invest in enterprises. Management is accountable to their Board of Directors and their investors, not their employees, unions, or members of the community.]

Clearly, the will to build a better society does exist. We must use it to secure the Great Reset that we so badly need. That will require stronger and more effective governments, though this does not imply an ideological push for bigger ones. And it will demand private-sector engagement every step of the way.

[OCS: Stronger governments are more authoritarian governments that tend to curtail individual rights and freedoms. Yes, these governments will DEMAND private-sector engagement at the risk of fines, incarcerations, or in extreme cases, armed force.]

The Great Reset agenda would have three main components. The first would steer the market toward fairer outcomes. To this end, governments should improve coordination (for example, in tax, regulatory, and fiscal policy), upgrade trade arrangements, and create the conditions for a “stakeholder economy.” At a time of diminishing tax bases and soaring public debt, governments have a powerful incentive to pursue such action.

[OCS: A fair market implies an agreement between a willing buyer and seller. The fair outcome these socialists propose is to siphon-off a significant portion of the profits to support an incompetent and inefficient government bureaucracy and fuel their ability to engage in the type of wealth redistribution that translates into political power to keep them in charge of the dunghill. One would assume that governments would first curtail unnecessary spending and shed non-essential personnel and waste, fraud, and abuse.]

Moreover, governments should implement long-overdue reforms that promote more equitable outcomes. Depending on the country, these may include changes to wealth taxes, the withdrawal of fossil-fuel subsidies, and new rules governing intellectual property, trade, and competition.

[OCS: This is most definitely not free nor fair markets. This is wealth confiscation and redistribution.]

The second component of a Great Reset agenda would ensure that investments advance shared goals, such as equality and sustainability. Here, the large-scale spending programs that many governments are implementing represent a major opportunity for progress. The European Commission, for one, has unveiled plans for a €750 billion ($826 billion) recovery fund. The US, China, and Japan also have ambitious economic-stimulus plans.

[OCS: A word-salad signifying nothing but confiscatory taxes and wealth redistribution.]

Rather than using these funds, as well as investments from private entities and pension funds, to fill cracks in the old system, we should use them to create a new one that is more resilient, equitable, and sustainable in the long run. This means, for example, building “green” urban infrastructure and creating incentives for industries to improve their track record on environmental, social, and governance (ESG) metrics.

[OCS: Well, there goes your pension fund. There are no green and sustainable projects that are profitable without government subsidies and mandated usage. Consider Ethanol, which damages vehicle engines, raises food prices, and is little more than another farm subsidy to capture votes from agribusiness.]

The third and final priority of a Great Reset agenda is to harness the innovations of the Fourth Industrial Revolution to support the public good, especially by addressing health and social challenges. During the COVID-19 crisis, companies, universities, and others have joined forces to develop diagnostics, therapeutics, and possible vaccines; establish testing centers; create mechanisms for tracing infections; and deliver telemedicine. Imagine what could be possible if similar concerted efforts were made in every sector.

[OCS: This happens naturally and without government intervention – except in the largest of the major cooperative projects where the costs of innovation are socialized and paid for by public funds, and the profits are privatized and siphoned-off by major institutions and corporations.]

To read more bullpucky and poppycock, visit the World Economic Forum.

Bottom Line...

When the elite academics, especially those from Europe, start lecturing Americans on the necessity to cede our constitutional freedoms, it is time to tell them to shut up and step off. As for the tech billionaires, there is always the opportunity to impose anti-monopoly fines and break-up orders that would promote a “fairer outcome” for smaller enterprises. The sword cuts both ways.

The legislation already is in place to allow bail-ins where a depository institution uses their depositor’s money to avoid a failure requiring a government bail-out, a provision for negative interest rates at the Federal Reserve, and the mechanism to capture a Wall Street transition tax. And, if the progressive socialist democrats sweep control of the government, these are likely scenarios.

We are so screwed.

-- steve

“Nullius in verba.”-- take nobody's word for it!

“Beware of false knowledge; it is more dangerous than ignorance.”-- George Bernard Shaw

“Progressive, liberal, Socialist, Marxist, Democratic Socialist -- they are all COMMUNISTS.”

“The key to fighting the craziness of the progressives is to hold them responsible for their actions, not their intentions.” – OCS

"The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." -- Marcus Aurelius

“A people that elect corrupt politicians, imposters, thieves, and traitors are not victims... but accomplices” -- George Orwell

“Fere libenter homines id quod volunt credunt." (The people gladly believe what they wish to.) ~Julius Caesar

“Describing the problem is quite different from knowing the solution. Except in politics." ~ OCS