Saturday, 30 April 2016

Taking The 'Petro' Out Of The Dollar | Zero Hedge

Taking The 'Petro' Out Of The Dollar


Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent.
While the House of Saud remains strongly resistant to change, a mixture of reality and power-play is likely to dominate domestic politics in the coming years, following the ascendency of King Salman to the Saudi throne. This has important implications for the dollar, given its historic role in the region.
Last year’s collapse in the oil price has forced financial reality upon the House of Saud. The young deputy crown prince, Mohammed bin Salman, possibly inspired by a McKinsey report, aims to diversify the state rapidly from oil dependency into a mixture of industries, healthcare and tourism. The McKinsey report looks like a wish-list, rather than reality, particularly when it comes to tourism.The religious police are unlikely to take kindly to bikinis on the Red Sea’s beeches, or to foreign women in mini-shorts wandering around Jeddah.
It is hard to imagine Saudi Arabia, culturally stuck in the middle ages, embracing the changes recommended by McKinsey, without fundamentally reforming the House of Saud, or even without a full-scale revolution. Nearly all properties and businesses are personally owned or controlled by members of the extended royal family, not the state, nor by lesser mortals. The principal exception is Aramco, estimated to be worth $2 trillion.

Marxist Feminism’s Ruined Lives | Frontpage Magazine

Marxist Feminism’s Ruined Lives


The horror I witnessed inside the women’s “liberation” movement.




feminists"When women go wrong men go right after them.”
-- Mae West
“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy; its inherent virtue is the equal sharing of misery.”  Winston Churchill wrote this over a century ago.
During my junior year in high school, the nuns asked about our plans for after we graduated. When I said I was going to attend State University, I noticed their disappointment.  I asked my favorite nun, “Why?” She answered, “That means you'll leave four years later a communist and an atheist!"
What a giggle we girls had over that. "How ridiculously unsophisticated these nuns are," we thought. Then I went to the university and four years later walked out a communist and an atheist, just as my sister Katie had six years before me.
Sometime later, I was a young divorcee with a small child. At the urging of my sister, I relocated to NYC after spending years married to an American executive stationed in Southeast Asia. The marriage over, I was making a new life for my daughter and me.  Katie said, "Come to New York.  We're making revolution! Some of us are starting the National Organization of Women and you can be part of it."
I hadn't seen her for years.  Although she had tormented me when we were youngsters, those memories were faint after my Asian traumas and the break-up of my marriage.  I foolishly mistook her for sanctuary in a storm. With so much time and distance between us, I had forgotten her emotional instability.

The Cult Of Central Banking Is Dead In The Water | David Stockman's Contra Corner

The Cult Of Central Banking Is Dead In The Water


The Fed has been sitting on the funds rate like some monetary mother hen since December 2008. Once it punts again at the June meeting owing to Brexit worries it will have effectively pegged money market rates at the zero bound for 90 straight months.

There has never been a time in financial history when anything close to this happened, including the 1930s. Nor was interest-free money for eight years running ever even imagined in the entire history of monetary thought.

So where’s the fire? What monumental emergency justifies this resort to radical monetary intrusion and repression?

Alas, there is none. And that’s as in nichts, nada, nope, nothing!

There is a structural growth problem, of course. But it has absolutely nothing to do with monetary policy; and it can’t be fixed with cheap money and more debt, anyway.

YOU’RE NEXT « The Burning Platform

YOU’RE NEXT


VIOLENT LEFTISTS IN ACTION « The Burning Platform

VIOLENT LEFTISTS IN ACTION


How come Trump supporters never get violent at Hillary rallies? Who are the real problem in this country? The right or the left?
Trump protesters rallied outside the Hyatt Hotel in Burlingame, US, to denounce Republican presidential candidate Donald Trump who was set to deliver a speech at a GOP convention inside the hotel. Tensions flared after a group of protesters attempted to break down barriers set up by the police and storm the hotel

The Oligarchy Is Tottering - Trump Tramples The Neocons' "False Song Of Globalism" | Zero Hedge

The Oligarchy Is Tottering - Trump Tramples The Neocons' "False Song Of Globalism"


The reaction to GOP frontrunner Donald Trump’s much-awaited foreign policy speechfrom the Washington elites was all-too-predictable: they sneered and snickered that he had mispronounced “Tanzania.” The more substantive criticisms weren’t much better: perpetual warmonger Lindsey Graham, whose presidential bid garnered zeropercent in the polls, tweeted “Trump’s FP speech not conservative. It’s isolationism surrounded by disconnected thought, demonstrates lack of understanding threats we face.” For Graham, anything less than starting World War III is “isolationism” – a view that gives us some insight into why his presidential campaign was the biggest flop since the “new” Coke. This is the party line of neoconservatives who have long dominated Republican foreign policy orthodoxy, to the GOP’s detriment. Neocon character assassin Jamie Kirchick, writing in the European edition of Politico, put a new gloss on it by claiming to detect a Vast Kremlin Conspiracy as the animating spirit behind the Trump campaign.
Which just goes to show that having Roy Cohn as your role model can lead one down some pretty slimy rabbit holes. I guess that’s why the editors of Politico put Kirchick’s smear piece in the European edition, where hardly anyone will read it, saving a morereasonable analysis by Jacob Heilbrunn for the US version. (Although, to be sure, apiece by neocon-friendly Michael Crowley limns the same McCarthyite theme inPolitico’s magazine.)
Heilbrunn is the editor of The National Interest, publication of the Nixon Center, which has been a sanctuary for the outnumbered – but now rising – “realist” school of foreign policy analysts. The Trump speech was sponsored by TNI, and Heilbrunn gave a very interesting if somewhat defensive explanation for the motives behind their invitation to Trump, succinctly summarizing its significance:

You Can't Handle the Truth: How Confirmation Bias Distorts Your Opinions | The Daily Sheeple

You Can't Handle the Truth: How Confirmation Bias Distorts Your Opinions


confirmation bias
The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him.
– Leo Tolstoy
Your thoughts, opinions, beliefs, and worldviews are based on years and years of experience, reading, and rational, objective analysis.
Right?
Wrong.
Your thoughts, opinions, beliefs, and worldviews are based on years and years of paying attention to information that confirmed what you already believed while ignoring information that challenged your preconceived notions.
If there’s a single lesson that life teaches us, it’s that wishing doesn’t make it so.
– Lev Grossman
Like it or not, the truth is that all of us are susceptible to falling into a sneaky psychological trap called confirmation bias.
One of the many cognitive biases that afflict humans, confirmation bias refers to our tendency to search for and favor information that confirms our beliefs while simultaneously ignoring or devaluing information that contradicts our beliefs.
Delivered by The Daily Sheeple

Friday, 29 April 2016

"Erdogan Is The Father Of ISIS" - New Documentary Outlines Turkey's Support Of The Islamic State | Zero Hedge

"Erdogan Is The Father Of ISIS" - New Documentary Outlines Turkey's Support Of The Islamic State


Is Turkey the support behind ISIS? A documentary released by RT lays out evidence that would lead to that conclusion... one we first exposed herehere, and here... and is interestingly timed given Europe's potential desire to regain some leverage over Erdogan.
The documentary takes place just days after the YPG took back the town of Shaddadi (a former ISIS stronghold), and what is revealed will most certainly go under reported, but is important nonetheless. The documentary points out that the connection between Turkey and ISIS is strong. Killed ISIS fighters left behind passports indicating that the fighters all came through Turkey, and by their own admission, interviewed ISIS fighters admit to coming through Turkey with no issue at all. The locals who were working under ISIS say that oil was refined and sold to Turkey in return for money and weapons, and YPG fighters who fight against ISIS find that much of the ISIS supplies come from Turkey.
Here are some key elements of the documentary:
Captured ISIS fighters admit that coming through Turkey was easy. The fighters believe this to be the case due to the fact that it has a common enemy with ISIS, the YPG (People's Protection Unit). The YPG is yet another rebel group fighting in the Syrian civil war, and Turkey views the YPG as an extension of the Kurdistan Workers' Party (PKK) who call for an independent Kurdish state within Turkey. The fighter alleges that Turkey's president Recep Erdogan wants ISIS to control Syria in order to grow the oil trade.

What Happens If Everybody Pulls Their Money Out Of The Bank Today? | Zero Hedge

What Happens If Everybody Pulls Their Money Out Of The Bank Today?


For every dollar that you have in the bank there is actually 0.00061 dollars available...in other words, there's 6 cents for every $100 dollars of deposits that you have at the bank.
As Mike Maloney explains in this brief clip, we live in an economic system that is made complicated by design. Basically, it’s set up so most people don’t even try to understand it.
Got Gold?


The US Endgame? Creating A Climate That "Could Easily Be Transformed Into War" | Zero Hedge

The US Endgame? Creating A Climate That "Could Easily Be Transformed Into War"


Most readers have been watching, as the U.S. and Russia seem to be positioning themselves along Cold War lines.  The posturing is not confined to maneuvering military assets; it also runs along economic lines, in which most warfare is at least based if not a major or the sole impetus.  Each power has sought to cement its claims/presence in areas bordering the sphere of influence of, or the actual territory of the other power.  Such posturing can be dangerous and lead to an incident that escalates into the uncontrollable.
Recently the news media has been abuzz with the Russian fighter aircraft buzzing the U.S. in the face: first the incident with the two fighters coming within 30 feet of an American naval vessel, and another separate incident involving aerial theatrics around a U.S. reconnaissance aircraft (a Boeing RC-135 intelligence-gathering spy plane).  The U.S. responded in kind on April 20 by allowing a guided missile destroyer, the U.S.S. Cook to encroach upon Russian borders while conducting maneuvers near Poland.  The U.S. claimed that Russian aircraft were doing fly-by’s to intimidate the destroyer.
Unlike the puissant response by John Kerry, feigning anger and doing nothing with the Russian aircraft incidences of the past two weeks, Russia is not playing with the destroyer incident.  The Russian ambassador to NATO, Alexander Grushko is reported by Reuters to have made the following statement:

Russia And Saudi Arabia Locked In Relentless Fight Over China's Oil Market | Zero Hedge

Russia And Saudi Arabia Locked In Relentless Fight Over China's Oil Market


Russia and Saudi Arabia have been (relatively) quietly fighting for market share in China ever since oil prices started their downward spiral in mid-2014 - now the battle is heating up, and teapot refineries are what could tip the balance.
Though the Saudis had historically been China’s biggest oil supplier, Russia managed to take the top spot several times during that period, thanks to the so-called teapot refineries. This has now forced the Saudis to do something they’ve never done before—target teapots on the spot market in order to regain lost market share.
Teapot refineries rose to fame due to their greater processing flexibility as compared with state-owned Chinese oil giants. Last year, they finally won import quotas for crude, most of which they then export in the form of oil products.
Russia was quick on the uptake and until recently was the leading supplier to these teapots. Now, however, the Saudis have stepped up their game and have offered teapots spot oil contracts. That’s very unusual for Saudi Arabia, which prefers to trade its oil on the futures markets and at a fixed price--but the stakes seem to be high enough to justify this move.
However, life is not all easy for the teapots, either. Last year, they faced tightened credit requirements from local banks, who got worried about falling returns. The independent refiners found a solution to this problem this year, when 16 of them agreed to ally in order to improve their purchasing power.

You Say You Want a Devolution? by Robert Gore | STRAIGHT LINE LOGIC

You Say You Want a Devolution? by Robert Gore


The Civil War, as it’s known in the north, or the War of Northern Aggression, as it’s known in the south, supposedly “settled” an issue for time and all eternity: that the smaller political units known as states could not leave the larger political unit known as the United States, at least not without the larger unit’s consent. Unless they emigrate, 320 million people are bound to a political arrangement from which there is no other escape hatch, and the 50 states don’t have the option to leave. Similar strictures are in effect around the world. Why?
Centralization, command, and control—the tendencies that defined the twentieth centuries—are in their death throes, done in by their failures and the residual progress they’ve failed to kill. The signs are everywhere. If war is the health of the state, then states are sickly indeed. The most militaristic government on the planet, that of the United States, has not cleanly won a war since 1945, unless one wants to call Grenada a war. What has stymied the US has not been superior military force—the US has the world’s biggest arsenal and most technologically advanced military—but the force that is stymying centralization at every turn: decentralization.

Charles Hugh Smith: Is the World Getting Crazier, But We No Longer Notice? - Of Two Minds

Is the World Getting Crazier, But We No Longer Notice?


The banquet of consequences is about to be served.
If we step back and look at what's happened since the Global Financial Crisis of 2008-09, it's easy to see that the global leadership has chosen to do more of what's failed spectacularly.
Since the Global Financial Meltdown, central bankers and planners have pursued policies designed to boost global stock markets to create a wealth effect in which people will be psychologically inclined to borrow and spend more because their stock market/IRA portfolios are rising. This supposedly encourages them to spend this "paper wealth."
But the policy runs aground on two realities: 1) only the top 5% of the households own enough stocks to make a difference to their wealth (and their perception of wealth, i.e. the wealth effect), and 2) the wealth effect only occurs in "good times" when people feel the economy is healthy and their prospects are improving.

The Mask Comes Off: Putrefaction Most Foul | Fred On Everything

The Mask Comes Off: Putrefaction Most Foul


I love it: Donald Trump’s campaign reveals the establishment for what it is, a swamp of corruption  as fetid as those of Latin America. It is better entertainment than Vaudeville. The frantic scramble to rig the primaries, change the rules, and thwart the voters–anything to defend their cozy entanglement of political tapeworms–makes absurd any pretense of democracy.
This morning in the Drudge Report: “Trump Highest Number of Republican Voters in History.” Who do the Republicans want to get rid of? Trump.
On the same page a poll reports Trump tied with Hillary nationally. Who do the Republicans want to get rid of? Guess.

At Last, America First! – Patrick J. Buchanan - Official Website

At Last, America First!


By Patrick J. Buchanan
Whether the establishment likes it or not, and it evidently does not, there is a revolution going on in America.
The old order in this capital city is on the way out, America is crossing a great divide, and there is no going back.
Donald Trump’s triumphant march to the nomination in Cleveland, virtually assured by his five-state sweep Tuesday, confirms it, as does his foreign policy address of Wednesday.
Two minutes into his speech before the Center for the National Interest, Trump declared that the “major and overriding theme” of his administration will be — “America first.” Right down the smokestack!

NEVER BEEN HIGHER « The Burning Platform

NEVER BEEN HIGHER


Unhappy America: Will the United States Collapse Due to an Internal Societal Meltdown? | The Daily Sheeple

Unhappy America: Will the United States Collapse Due to an Internal Societal Meltdown?


Are we witnessing the beginning of the end for the United States of America?
All great nations eventually fall, and the United States is not going to be any exception.  Many of those that write about the decline of our once great country tend to focus on external threats, and there are certainly many that could be talked about.  But perhaps even more ominous is the internal societal meltdown that we see happening all around us.  According to Real Clear Politics, recent surveys show that 67 percent of Americans believe that the country is on the wrong track, and only 26 percent of Americans believe that it is headed in the right direction.  So even though we are tremendously divided as to what the solutions are, the vast majority of us can see that something is deeply, deeply wrong with America.
Personally, I spend a lot of time writing about our economic problems.  We have piled up the largest mountain of debt in the history of the planet, last year the middle class became a minority for the first time in our history, and 47 percent of all Americans couldn’t even pay an unexpected $400 emergency room bill without borrowing the money or selling something.  But I don’t want to focus on economics in this article.

Thursday, 28 April 2016

The Archdruid Report: Where On The Titanic Would You Like Your Deck Chair, Ma’am?

Where On The Titanic Would You Like Your Deck Chair, Ma’am?


Last week I had the enticing experience of being denounced as a racist on one blog and castigated as a social justice warrior on another. As my regular readers know, such entertainments have been anything but rare since I launched The Archdruid Report just under ten years ago. The odd belief that there are only two possible ways to think about any issue pervades modern American society; contradict that habit of thought, break with the conventional wisdom, and propose a third alternative, and you can count on both sides insisting that you belong to whichever point of view they like least.

If this week’s post fields a similar response, I won’t be surprised. Over the last month, we’ve been talking about the convoluted landscape of privilege in American society, and the way that the preferred rhetoric of both ends of the acceptable political spectrum falsifies the actual complexities of privilege that exist in contemporary American life. Some of my readers have wondered aloud, though, what that theme has to do with the broader issues at the heart of this blog’s project—the increasingly bleak future that modern industrial society is building for itself, the particular shape that future is taking in the United States, and the possibilities for constructive action that are still available this late in the day.

In this week’s post, I propose to start tying those threads back together.

Four Maps Showing China’s Rising Dominance in Trade « The Burning Platform

Four Maps Showing China’s Rising Dominance in Trade


We often use big, overarching ideas to help us understand the world and the opportunities contained within. These narratives, which can change over time, are used to create context. They give us a frame of reference for comprehending the news and events that affect our outlook on things.
China’s economic prowess is one of these new paradigms that has emerged, but many people still can’t really wrap their heads around the scale or scope of it.
It’s happened suddenly, and the ramifications are extremely relevant to our investments and understanding. Here’s four maps on China’s trade dominance that will help you think differently about the world:

COLLAPSE OF THE COLLABORATOR CLASS « The Burning Platform

COLLAPSE OF THE COLLABORATOR CLASS


Guest Post by Ol Remus
It’s encouraging to see the collapse of the collaborator class, namely, the Republican Party, where honest opinion was not merely unacceptable but a sure sign of some deeper defect. Integrity, perhaps. They warned us if we didn’t support them the other party would win. We did, but whether they won or didn’t, it was the same track, different pace. Odd, that. In time we came to understand them as just another DC club, just as obedient, just as annoyed by the peasants and just as dismissive. Just in the nicest possible way.

CRUZ’S LAST STAND « The Burning Platform

CRUZ’S LAST STAND


Dilbert - Most Valuable Asset

Dilbert - Most Valuable Asset


Dilbert Classics

Tomgram: Michael Klare, The Coming World of "Peak Oil Demand," Not "Peak Oil" | TomDispatch

Michael Klare, The Coming World of "Peak Oil Demand," Not "Peak Oil"


In a Greater Middle East in which one country after another has been plunged into chaos and possible failed statehood, two rival nations, Iran and Saudi Arabia, have been bedrock exceptions to the rule.  Iran, at the moment, remains so, but the Saudi royals, increasingly unnerved, have been steering their country erratically into the region’s chaos. The kingdom is now led by a decrepit 80-year-old monarch who, in commonplace meetings, has to be fed his lines by teleprompter.  Meanwhile, his 30-year-old son, Deputy Crown Prince Mohammed bin Salman, who has gained significant control over both the kingdom’s economic and military decision-making, launched a rash anti-Iranian war in Yemen, heavily dependent onair power.  It is not only Washington-backed but distinctly in the American mode of these last years: brutal yet ineffective, never-ending, a boon to the spread of terror groups, and seeded with potential blowback.
Meanwhile, in a cheap-oil, belt-tightening moment, in an increasingly edgy country, the royals are reining in budgets and undermining the good life they were previously financing for many of their citizens.  The one thing they continue to do is pump oil -- their only form of wealth -- as if there were no tomorrow, while threatening further price-depressing rises in oil production in the near future.  And that’s hardly been the end of their threats.  While taking on the Iranians (and the Russians), they have also been lashing out at the local opposition,executing a prominent dissident Shiite cleric among others and even baring their teeth at Washington.  They have reportedly threatened the Obama administration with the sell-off of hundreds of billions of dollars in American assets if a bill, now in Congress and aimed at opening the Saudis to American lawsuits over their supposed culpability for the 9/11 attacks, were to pass. (It would, however, be a sell-off that could hurt the Saudis more than anyone.)  Even at the pettiest of levels, on Barack Obama's recent arrival in Saudi Arabia for a visit with King Salman, they essentially snubbed him, a first for a White House occupant. All in all, a previously sure-footed (if extreme) Sunni regime seems increasingly unsettled; in fact, it has something of the look these days of a person holding a gun to his own head and threatening to pull the trigger. In other words, in a region already aflame, the Saudis seem to be tossing... well, oil onto any fire in sight.
And in a way, it's little wonder.  The very basis for the existence of the Saudi royals, their staggering oil reserves, is under attack -- and not by the Iranians, the Russians, or the Americans, but as TomDispatch energy specialist Michael Klare explains, by something so much larger: the potential ending of the petroleum way of life.  Tom
Debacle at Doha 
The Collapse of the Old Oil Order 
By Michael T. Klare
Sunday, April 17th was the designated moment.  The world’s leading oil producers were expected to bring fresh discipline to the chaotic petroleum market and spark a return to high prices. Meeting in Doha, the glittering capital of petroleum-rich Qatar, the oil ministers of the Organization of the Petroleum Exporting Countries (OPEC), along with such key non-OPEC producers as Russia and Mexico, were scheduled to ratify a draft agreement obliging them to freeze their oil output at current levels. In anticipation of such a deal, oil prices had begun to creep inexorably upward, from $30 per barrel in mid-January to $43 on the eve of the gathering. But far from restoring the old oil order, the meeting ended in discord, driving prices down again and revealing deep cracks in the ranks of global energy producers.
It is hard to overstate the significance of the Doha debacle. At the very least, it will perpetuate the low oil prices that have plagued the industry for the past two years, forcing smaller firms into bankruptcy and erasing hundreds of billions of dollars of investments in new production capacity. It may also have obliterated any future prospects for cooperation between OPEC and non-OPEC producers in regulating the market. Most of all, however, it demonstrated that the petroleum-fueled world we’ve known these last decades -- with oil demand always thrusting ahead of supply, ensuring steady profits for all major producers -- is no more.  Replacing it is an anemic, possibly even declining, demand for oil that is likely to force suppliers to fight one another for ever-diminishing market shares.
Cont......  

Sit back, relax, and enjoy the oil thriller - Pepe Escobar — RT Op-Edge

Sit back, relax, and enjoy the oil thriller - Pepe Escobar


The famous Hollywood adage – 'nobody knows anything' – seems to perfectly apply to the current turbulence in the oil market. So in an effort to clarify where the global oil economy is heading to, let’s engage in a Battle of the Oil Analysts.
Relying on these Oil Analysts (OA) does not necessarily mean you will be handed straightforward answers, but perhaps with some luck you will see a ray of light.
Saudi Arabia is saying that they are raising oil production to 12 million barrels a day. That’s highly debatable. Russia is saying that they can raise oil production to 13 million barrels a day. OA1 cuts to the chase: “Both are bluffing. Prices are still rising. That means no one believes them.”
OA2 kicks in, reminding that, “oil price is holding because of the 1.5 million barrels a day pulled off the market by a strike in Kuwait of about 10,000 workers. That cut their 3 million barrels a day production in half. Now they are going back to work. Yet the price of oil is still rising.”

Stockman: Anything Trumps Hillary | Zero Hedge

Stockman: Anything Trumps Hillary


It’s all over except the shouting. That is, the primary election season effectively ended last night and now the actual shouting match between Hillary and The Donald begins.
This will surely be the most entertaining election in US history, and probably the most pointless, too. After all, Hillary wants to use government to make Government Great Again. And Trump promises to use government to make America Great Again.
But government doesn’t make anything great, including itself. It is a necessary evil that always and everywhere is driven toward self-aggrandizement and mission creep by the politicians and special interest lobbies which control its operations.
What government actually does is thwart the capacity of the people to pursue their own vision of greatness by encumbering their economic lives with burdensome taxation, regulation, roadblocks to opportunity and monetary fraud while saddling their public lives with endless Nanny State impositions and encroachments upon their personal liberty.
And, most especially, what the central state does in its current incarnation as Imperial Washington is to sabotage national greatness, not foster it, and saddle the economically listing American nation with a debilitating $800 billion national security apparatus that is wholly unnecessary.
The latter has long since morphed into a Warfare State leviathan. It pursues senseless and destructive foreign interventions that erode, not enhance, the safety and security of American communities. It impairs constitional liberties at home under cover of exaggerated and often contrived threats of terrorism. And it breeds blowback and terrorism aboad wherever its drones, bombs, occupations and covert machinations intrude in matters that are none of our business.

Wednesday, 27 April 2016

The Empire Doesn’t Care Who You Vote For: Here’s What Actually Matters | The Daily Sheeple

The Empire Doesn’t Care Who You Vote For: Here’s What Actually Matters


empire-election
Elections are meaningless power rituals that only pit personas against each other in an establishment-endorsed Two Minutes Hate. So if these political wrestlemania matches don’t change society, what does? Join us today for a fascinating conversation with Dan Sanchez about his recent article, “What If the Empire Held an Election and Nobody Came?”