Knife-Wielding Syrian Storms Kindergarten In Germany
A knife-wielding Syrian migrant was taken down by police after he broke into a kindergarten in Germany during school hours this week, according to reports.
The harrowing incident unfolded on Thursday morning in Aschaffenburg, a town in Bavaria.
A man carrying a knife entered school grounds and was making his way across the yard when school staff took action to shelter children inside and call police.
Officers arrived quickly and used pepper spray to neutralize the suspect.
“After the operation, Red Cross staff looked after the kindergarten staff and their children, as well as the parents. The reason for the Syrian’s behavior is not yet known,” Junge Freiheit reports.
The thwarted attack comes just weeks after a 4-year-old girl was stabbed at random by a Syrian man at a supermarket in Wangen, Germany.
The child survived but was seriously injured.
The 34-year-old suspect was immediately placed in a psychiatric hospital amid an investigation into attempted murder.
InfoWars frequently covers violent crimes committed by foreign suspects in Germany.
Aleksandr Dugin, Alex Jones, and Tucker Carlson Expose the Secrets of the Transhumanist Death Cult
California’s Single-Family Zoning Exemplifies the Market-Intervention Problem
California’s government bet that they knew better than the free market. And now millions are paying the price.
The story begins in 1919, when the city of Berkley, California instituted legislation setting aside districts that would only allow the construction of single-family housing. The idea spread, and soon much of California’s urban areas had adopted the zoning policy. Today, approximately 40% of the total land in Los Angeles is set aside for single-family homes, while only 11% is reserved for multi-family residences.
In 2021, a bill was signed which was intended to end single-family zoning in California. But politics is rarely that simple. The decision was met with widespread protests and an LA County Court recently declared the law unconstitutional, preventing its passing in 5 Southern California cities. While many celebrated the ruling, the decision has perpetuated California’s housing crisis.
The logic behind the original legislation was to preserve the “charm” of California’s neighborhoods. In the eyes of policymakers, multi-family residences such as apartment complexes or duplexes would sully the white-picket fence aesthetic which they saw as a staple of Californian life. While this may appear like a harmless notion, this idealism came with devastating consequences.
The problem with this policy is apparent to those with an understanding of supply and demand. By preventing high-capacity residences from being built, the supply of housing has been artificially constrained by the legislation. Even as demand rises for increased housing, companies cannot produce the necessary residences to meet the desire. When demand rises while supply remains fixed, prices will surge. And that’s exactly what happened.
California has the second highest home prices of any state, behind only Hawaii. Housing costs have increased by 10.1% in the past year, while the number of homes sold has decreased by 6.9%. As of March 2024, the average price of a house in LA is a staggering $974,000. In San Francisco, that figure is 1.29 million.
These soaring rates have heavily affected the citizenry. California has the 4th highest homelessness per capita rate among U.S. states. Over 180,000 Californians are homeless, which is almost a third of the nation’s entire homeless population.
While the cause of some homelessness is self-inflicted, studies have found a direct correlation between the cost of housing and rates of homelessness. With the second-highest housing costs of any state, it’s safe to say daunting housing prices are at least partially to blame for a vast number of California’s displaced citizens.
Another consequence of the legislation is an increase in class inequality. California has the fourth-most unequal income distribution of any state. The zoning law contributes to this problem by acting as a gatekeeper that excludes low-income families from better neighborhoods, sacrificing equality for community “quality.” Accompanied by the state’s stringent school choice laws, many citizens are left attending lower-caliber schools in worse neighborhoods. This harms future career opportunities and feeds the vicious generational cycle of poverty.
These issues are all either caused or exacerbated by the single-family zoning legislation which has constrained the state’s housing market for decades. The directive prevents the construction of apartment complexes, or other housing structures which would cater to a larger constituency, keeping prices too high for many to afford. From 1919 to the present, politicians have continued to turn a blind eye to single-family zoning’s detrimental effects in the pursuit of the perceived good of protecting neighborhoods.
The Fundamental Problem with Government Intervention
Government intervention always leads to unintended consequences. It’s a tale as old as government. But why does it so often result in disaster?
There’s a fatal flaw at the root of all bureaucratic intervention: a lack of information. In any centralized decision, there is an incalculable amount of pertinent decentralized information that is not available to governmental bodies.
In the absence of intervention, this information is communicated through prices. Even though all of the information will never be understood by the same person at once, we’re still able to coordinate our plans to reach a productive end. That’s the beauty of the price system. You may have no idea that a cocoa farm in Ghana had a poor yield, but you will buy less cocoa when it costs more than usual. A series of complex events can all be boiled down to a simple price hike.
Government intervention is the wrench in the works. No centralized body can know all of the variables in a given situation. While protecting Californian neighborhoods sounds good, it is a gross simplification of the actual issues at play. Restricting the supply of housing leads to a bevy of consequences, including skyrocketing prices, rampant homelessness, and pervasive inequality. The pursuit of a solution in the absence of information usually ends up hurting more people than it helps.
Economics is often regarded as a dismal science reserved for bookworms and professors. But for the homeless who are struggling to survive because of market-hampering governmental policies, economics is about life and death. When the government intervenes in the market system because it “knows best,” it far too often doesn’t, and innocent people pay the price. It’s up to us to hold our leaders accountable for the consequences of their actions and to help those harmed by their political arrogance.
EMERGENCY FINANCIAL NEWS: Economist Warns The Collapse Has Already Begun – Will Be Worse Than The Great Depression
Free-Market Profit Comes From Voluntary Exchange, not Exploitation
In our modern political culture, many people claim that profits are the outcome of some individuals exploiting other individuals. Hence, anyone who is seen trying to make profits is regarded as an enemy of society and must be stopped before inflicting damage. According to Henry Hazlitt, “The indignation shown by many people today at the mention of the very word profits indicates how little understanding there is of the vital function that profits play in our economy.”
Furthermore, Hazlitt held,
In a free economy, in which wages, costs and prices are left to the free play of the competitive market, the prospect of profits decides what articles will be made, and in what quantities—and what articles will not be made at all. If there is no profit in making an article, it is a sign that the labor and capital devoted to its production are misdirected: the value of the resources that must be used up in making the article is greater than the value of the article itself. One function of profits, in brief, is to guide and channel the factors so as to apportion the relative output of thousands of different commodities in accordance with demand.
Profit, therefore, has nothing to do with exploitation; it is about the most efficient use of individuals’ means. Instead, profit should be seen as an indicator of whether means are employed in the best possible way.
If the employment of means results in the expansion of wealth, all other things being equal, this demonstrates employment was done in a profitable manner. Conversely, a decline in the pool of wealth is indicative of a loss, which shows a squandering of means.
Rather than being condemned, people who are instrumental in expanding wealth, which is manifested by profits, should be praised. These individuals are instrumental in raising the living standards of the population as a whole.
Profit can be gained only in a market economy in which prices of goods and factors of production can be established. Needless to say, the existence of money determines the prices of goods and factors of production. The exchange rate of goods and factors of production are expressed in terms of money (i.e., the amount of money per unit of good or factor unit).
Profit emerges once an entrepreneur discovers that the prices of some factors are undervalued relative to the potential value of the products that these factors, once employed, could produce. By recognizing the discrepancy and acting upon it, an entrepreneur removes the discrepancy, thus also eliminating the potential for further profit.
According to Murray Rothbard, every entrepreneur invests in a process because he expects to make a profit and believes that the market has underpriced and undercapitalized the factors in relation to their future rents. For an entrepreneur to make profits, he must plan and anticipate future consumer preferences. Hence, those entrepreneurs who excel in forecasting consumers’ future preferences will make profits, all other things being equal.
In order to be ready for consumers’ future requirements, businesses allocate at present various means toward generating the infrastructure that will enable them to accommodate the consumers’ future demands. Planning and research, however, can never guarantee that profits will be secured—various unforeseen events can upset entrepreneurial forecasts. Errors, which lead to losses in the market economy, are an essential part of the navigational tools which direct the process of allocating means in an uncertain environment in line with what consumers dictate.
Some commentators regard profit as a reward for risk-taking. In the words of Ludwig von Mises, however,
A popular fallacy considers entrepreneurial profit a reward for risk taking. It looks upon the entrepreneur as a gambler who invests in a lottery after having weighed the favorable chances of winning a prize against the unfavorable chances of losing his stake. This opinion manifests itself most clearly in the description of stock exchange transactions as a sort of gambling.
Mises then suggests,
Every word in this reasoning is false. The owner of capital does not choose between more risky, less risky, and safe investments. He is forced, by the very operation of the market economy, to invest his funds in such a way as to supply the most urgent needs of the consumers to the best possible extent.
Mises then adds, “A capitalist never chooses that investment in which, according to his understanding of the future, the danger of losing his input is smallest. He chooses that investment in which he expects to make the highest possible profits.”
Furthermore, an investor who is preoccupied with risk rather than identifying profit opportunities is likely to undermine himself. On this Mises wrote,
There is no such thing as a safe investment. If capitalists were to behave in the way the risk fable describes and were to strive after what they consider to be the safest investment, their conduct would render this line of investment unsafe and they would certainly lose their input.
Hence, an entrepreneur’s return on his investment is determined not by how much risk he assumes but rather whether he complies with consumers’ wishes. Again, for a businessman, the ultimate criteria for investing his capital is to employ it in those activities which will produce goods and services that are on the highest priority list of consumers. It is this striving to satisfy the most urgent needs of consumers that produces profits.
In a market system, consumers move production activities to the hands of those who are best fit to serve them. Henceforth, policies that curtail or confiscate profits impair this function. In an environment of government and central bank interference, the distortion of prices makes it harder to establish whether businesses are making profits. As a result, it becomes difficult to discern wealth-generating activities from non-wealth-generating activities.
Profits are not the result of exploitation but emerge when entrepreneurs accommodate consumers’ wishes in the best possible ways. For an entrepreneur to make profits, he must anticipate consumer preferences. Consequently, entrepreneurs who excel in their forecasting of consumers’ future preferences are more likely to be profitable.
EMERGENCY FINANCIAL NEWS: Economist Warns The Collapse Has Already Begun – Will Be Worse Than The Great Depression
Biden Vows 2nd Term Gun Control, Criticizes Jefferson’s ‘Tree of Liberty’ as ‘A Bunch of Crap’
Puppet President Joe Biden said he intends to use his second term in the White House to target firearms and curtail gun rights.
Biden made the anti-2A declaration on an episode of the “Smartless” podcast released this week, where he told show hosts he planned to address “gun violence,” and went on to label former US President Thomas Jefferson’s famous “tree of liberty” quote a “bunch of crap.”
“I think they should be focused on a couple of things: Number one, we’re going to, in a second term, God willing, we’re going to make sure that we do something about gun violence in this country,” Biden told thespian hosts Jason Bateman, Sean Hayes and Will Arnett.
“The idea that we allow assault weapons to be sold with magazines with 100 rounds is just bizarre,” he continued.
Biden went on to falsely claim the Second Amendment contained restrictions, and doesn’t allow citizens to own, for example, cannons.
“The 2nd Amendment, which I, when I taught law school — the 2nd Amendment wasn’t absolute ever,” Biden told the podcast.
“You weren’t able to have a cannon when you were — this — the [tree of] liberty is watered with the blood of patriots, I mean, that’s a bunch of crap,” he added, referring to the quote by Founding Father Thomas Jefferson which states:
“The tree of Liberty must be refreshed from time to time with the blood of patriots and tyrants.”
Contesting Biden’s “embarrassing repetition of a false claim,” George Washington University law professor Jonathan Turley debunked Biden’s cannon argument in an article last month, writing the Second Amendment didn’t prohibit citizens from owning cannons.
“Unlike the conversations with a dead man or driving some eighteen-wheeler, the falsity of the story highlights the constitutional challenge to his calls to outlaw assault weapons or high-capacity magazines,” Turley argued.
“There were no federal laws barring cannon ownership when the Second Amendment was enacted. Gun laws remained local matters and I do not know of any bans on cannons or other gun types until much later in our history,” he wrote. “The fact is that the Second Amendment was not viewed or used as a basis for banning certain weapon types.”
Biden is clearly signaling his intent to target firearms in his second term, and it’s up to the American people to recognize that their right to self-defense may come under attack if he is reelected to the presidency.
H/t: BizPacReview.com
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China Says US Is ‘The Biggest Threat To Space Security’
The Chinese Foreign Ministry has claimed that the US poses the greatest threat to security in space and accused them of being the main instigator of space militarization. “The United States is a powerful driving […]
The post China Says US Is ‘The Biggest Threat To Space Security’ appeared first on The People’s Voice.
Driver Makes Wrong Turn At Portland State, Has Car Destroyed By Leftist Protesters – Video
A driver making his way through the Portland State University campus came upon a crowd of demonstrators and had his vehicle attacked before exiting the car and being chased down by the angry mob of left-wing protesters.
A driver made a wrong turn into the mob of far-left protesters at Portland State University. So they hospitalized him and smashed his car. They’re now claiming it was no accident and that he was there to run them over. pic.twitter.com/xRU7tuqkgA
— Ian Miles Cheong (@stillgray) May 3, 2024
The incident took place on Thursday when the car approached a blocked roadway, resulting in a demonstrator trying to open the driver’s door.
The driver, however, was equipped with mace and sprayed the protester.
Next, another protester broke the back windshield of the vehicle and caused the driver to briefly hit the gas.
The driver quickly pressed the brakes well away from the crowd in front of the car, put it in park and went running out of the vehicle.
Carrying the mace, the man who was driving ran past demonstrators and sprayed ones who tried hitting him.
According to the Portland Police Bureau, the driver was detained and taken to a nearby hospital for “mental health evaluations.”
After sprinting away in hopes of getting out of the situation safely, the young man’s car was totally destroyed by the leftist protesters who spray-painted “intifada” on the side and smashed the vehicle to pieces.
There’s not much left of the car. It’s fairly new so it’s unlikely he did that on purpose. What would be the point of running out of the car had he meant to harm them? pic.twitter.com/ASCPlL9o6P
— Ian Miles Cheong (@stillgray) May 3, 2024
“Wow, this is messed up,” wrote Elon Musk on X.
Wow, this is messed up
— Elon Musk (@elonmusk) May 3, 2024