I warned about the rising civil unrest and the dangerous racist group Black Lives Matter here. Any police-involved shooting of an African-American prompts a fast mobilization of communists and socialists to the area for the destruction of businesses and private property.
Here is a video of the Black Lives Matter group targeting “white people” in Milwaukee last night.
The clip shows angry rioters chanting “black power!” before asking “is they white?” as cars slowly drive past.
“Yeah they white!” someone says, prompting the mob to run towards the vehicle.
“Yeah they white, get their ass!” screams another.
Here is another video from Milwaukee where people are chanting “black power!” as they burn down a gas station.
What is unbelievable is that the Democrat party praised the racist group, Black Lives Matter.
The clip below shows a racist man justifying the violence by claiming that rich people don’t give blacks enough money.
Milwaukee Police Shooting
Folks this is only partly about the Milwaukee police shooting an African-American. The man, 23-year-old Sylville Smith, shot and killed by a Milwaukee police officer was charged last year in a shooting and then charged again, with trying to intimidate a witness in that same shooting, according to the Milwaukee Journal Sentinel. The police officer's body camera showed Smith turning toward the officer with a gun in his hand. There is a bigger anti-capitalist, anti-private property, anti-police movement going on here orchestrated by communists and socialist groups that I wrote about here.
Destruction of Businesses Will Hurt The Stock Market
Communist and socialist groups are part of Black Lives Matter. These groups do not like the notion of private property, and so they attack businesses in the area. They bus in violent communist and socialist groups to an area, destroy the private businesses in that area, then leave the people who live there to suffer the aftermath.
Folks as stock traders, we invest in business. You can say goodbye to the stock market if the police can't protect private property.
So far the attacks against privately owned businesses are small and so I do not expect an immediate impact on the broader stock market from what is happening in Milwaukee.
What also is concerning for stock traders is the idea of “rich people don't give enough money to black people”. Notice how Bernie Sanders, a socialist, almost became the standard bearer for the entire Democrat party! The idea that rich people are supposed to give African-Americans money, presumably because of their race, is insane. And who exactly are these rioters defining as “rich”? If you are white and drive around in a new car, you might get flagged by an African-American mob as a rich guy who isn't giving African-Americans enough money! After all, if you have a new car, a new smartphone, a new house, that's inherently unfair to communists and socialists, and so they have a right to take it away from you. A significant psychological shift by the populace into this mindset will destroy the stock market and so the attacks against private property are a long term trend we need to watch.