Leftist Failure Reaches a New Peak

All the theft going on in leftist run cities makes the news, but it doesn't seem like a big problem because it's local and the mainstream media, which encourages theft and violence, is mostly silent on the trend. They're not connecting the dots on the civil rights violations and a criminal conspiracy by Democrats. Best Buy connected the dots though: the retail sector is imploding today because it turns out margins are being destroyed by the industrial scale theft being encouraged by the Democrat Party, major media and educational institutions, NGOs, foundations, etc. everyone pushing the lies of systemic racism and supporting BLM are useful idiots for this.

ZH: Best Buy Crashes As Margins Slide Due To "Organized Retail Theft"

Liberal socialist utopias such as California are a blessing for deadbeat klepto hobos from around the world thanks to the state's lack of prosecution of shoplifting, but the same policies are becoming a major headache for nationwide retailers such as Best Buy which this morning reported that despite beating on the top and bottom line (revenues of $11.9 billion vs expectations of $11.7BN, EPS of $2.08, beating est of $1.96), its margins missed, echoing the same margin crunch theme that emerged recently with big box retailers such as Walmart.

Gross margin fell 0.1% to 23.5%, Best Buy said, missing the 23.6% average of analyst estimates compiled by Bloomberg, while the decline in the core U.S. operation was steeper. The company also reported a 10% drop in domestic online revenue as more shoppers returned to stores.

But besides the usual margin-crushing suspects of frayed supply chains and deep discounts as a result of stepped-up promotional activity and a drag tied to its new TotalTech membership program, the company brought up the reason why Democrats are looking at far more losses in the coming months as a reason for the margin drop: organized theft.

“We are seeing more and more particularly organized retail crime,” Chief Executive Officer Corie Barry said on a conference call with analysts. “You can see that pressure in our financials, and more importantly, frankly, you can see that pressure with our associates. It’s traumatizing.”

Organized crime. Organized by American leftists.

The future of America has two paths. One is sinking down the path of the leftists into civil war, probably racially tinged with ethnic cleansing, economic collapse and the lights going out. The other is removing the leftists. There really aren't that many puppetmasters behind all of this. If someone with the guts to remove the ringleaders is elected, is thorough about seizing the funds of institutions such as Harvard, Yale, Ford Foundation, etc., cut all of the social welfare spending from the budget that goes to NGOs (this could be done by shifting welfare into more direct payments), and used federal support for education to clean out the education sector, the nation would heal quickly. The polarization would evaporate, the high stakes political battles would be gone, and normal Americans on the right and the left could get back to fighting over more important issues, but without fearing that every election was turning the rathchet towards civil war or authoritarian dictatorship.