Monday, August 31, 2020

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http://endoftheamericandream.com/archives/americas-summer-exodus-thousands-flee-the-cities-every-day-because-they-dont-feel-safe

America’s Summer Exodus: Thousands Flee The Cities Every Day Because They Don’t Feel Safe

In modern American history, we have never seen such a sudden mass exodus away from our major cities.  Overall, the U.S. economy is a complete and total disaster in 2020, but moving companies and real estate agents that work in desirable rural and suburban areas are absolutely thriving right now.  Each weekend we are seeing long lines at U-Haul rental facilities, moving companies can’t handle all of the requests that they are getting, and property values are shifting at a pace that is difficult to believe.  Homes in our core urban areas are losing value very rapidly, and at the same time we are seeing bidding wars for some rural and suburban properties that are absolutely insane.

I certainly can’t blame anyone that wants to escape the violence.  If I was living in a major city that was being torn apart by violence, I would want to move too.

At one time we had some of the most beautiful cities in the entire world, but now the word “apocalyptic” is being used to describe them.  The following comes from an article by Victor Davis Hanson

Nine months ago, New York was a thriving, though poorly governed, metropolis. It was coasting on the more or less good governance of its prior two mayors and on its ancestral role as the global nexus of finance and capital.

The city is now something out of a postmodern apocalyptic movie, reeling from the effects of a neutron bomb. Ditto in varying degrees Minneapolis, Portland, Seattle, and San Francisco — the anti-broken-windows metropolises of America. Walking in San Francisco today reminds me of visiting Old Cairo in 1973, although the latter lacked the needles and feces of the former.

Chicago is one of the cities that has been the most affected by the violence, and the Chicago Tribune recently posted an article about the mass exodus that the city is now experiencing…

Incidents of widespread looting and soaring homicide figures in Chicago have made national news during an already tumultuous year. As a result, some say residents in affluent neighborhoods downtown, and on the North Side, no longer feel safe in the city’s epicenter and are looking to move away. Aldermen say they see their constituents leaving the city, and it’s a concern echoed by some real estate agents and the head of a sizable property management firm.

Following the horrific looting in Chicago a couple weeks ago, a Tribune reporter visited some of the wealthier parts of the city, and that reporter encountered residents that indicated that they would be leaving “as soon as we can get out”

The day after looting broke out two weeks ago, a Tribune columnist strolled through Gold Coast and Streeterville. Residents of the swanky Near North Side told him they’d be moving “as soon as we can get out.” Others expressed fear of returning downtown in the future.

Of course Chicago is far from alone.  In a previous article, I discussed the fact that the New York Times has reported that hundreds of thousands of people have already left New York City.  After losing so many residents, you would think that the mass exodus would be slowing down, but that does not appear to be happening.  In fact, we are being told that “moving trucks were out in force” on the Upper West Side on Saturday…

Moving trucks were out in force on Manhattan’s Upper West Side on Saturday — leaving Guardian Angels founder Curtis Sliwa practically tripping over them.

“The mass evacuation of Upper West Siders from NYC is in full effect,” Sliwa, who lives on W. 87th Street, lamented, blaming the city’s decision this summer to house hundreds of emotionally disturbed homeless and recovering addicts in neighborhood hotels.

And someone filmed a stunningly long line at a U-Haul rental location in New York on Saturday.  In all my years, I don’t think that I have ever seen anything like that at a U-Haul facility.

Of course all of those people need to have somewhere to go, and this is creating massive bidding wars for properties in the suburbs…

Over three days in late July, a three-bedroom house in East Orange, N.J., was listed for sale for $285,000, had 97 showings, received 24 offers and went under contract for 21 percent over that price.

On Long Island, six people made offers on a $499,000 house in Valley Stream without seeing it in person after it was shown on a Facebook Live video. In the Hudson Valley, a nearly three-acre property with a pool listed for $985,000 received four all-cash bids within a day of having 14 showings.

Isn’t that crazy?

But this is what happens when vast hordes of wealthy people are trying to relocate all at once.

On the west coast we are seeing similar things happen.  Property values in rural and suburban communities are being driven up, and meanwhile prices in core urban areas are falling very quickly.  For example, just check out what is taking place in San Francisco

San Francisco has seen a greater increase in price drops than any other U.S. metro, with the share of sellers slashing prices more than doubling from a year ago as the COVID-19 related panic drives homebuyers out of the Bay Area, reports Redfin.

A quarter (24.5%) of San Francisco-area home sellers cut their list prices during the four weeks ending Aug. 16, the highest share since at least 2015, when Redfin began recording this data. That’s more than double the rate from a year earlier, marking the largest annual increase in the share of active listings with price drops among the 50 most populous U.S. metro areas.

Some Californians are choosing to relocate within the state, but of course many others are fleeing the state entirely.

One of the places many of them are heading to is Arizona, and one recent Yahoo News article commented on the “surge in California license plates” in the state…

Driving across Arizona, it’s hard not to notice a surge in California license plates. The reason for this is becoming more apparent every day. California is a failed state.

If you currently live in an urban area and you are still thinking about relocating, I would make a decision rapidly.  Summer is almost over, economic conditions are going to continue to deteriorate, and much more civil unrest is coming.

In an interview that I just did with Greg Hunter, I explained why I am so concerned about the times that we are moving into.

And countless other Americans also seem to be deeply alarmed about the near future, because we have never seen a mass exodus of this magnitude in modern American history.

The times, they are a-changin’, and life in our country will never be quite the same again.

 

Sunday, August 30, 2020

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https://www.peakprosperity.com/suddenly-fear-of-social-unrest-is-everywhere/

Suddenly Fear Of Social Unrest Is Everywhere

So, how can we protect ourselves?
In a year that has experienced a global pandemic, Depression-level job losses, a bevy of large-scale natural disasters from wildfires to Cat 4 hurricanes to derechos, the #1 current concern we’re now hearing from our readers isn’t any of these.

Instead, it’s the danger of social unrest breaking out in their local community.

Anyone with eyes can see that the mercury is rising across America. The riots that follow the deaths of folks like George Floyd and now Jacob Blake, the current violence in Kenosha, Seattle’s lawless autonomous zone, the movement to ‘defund the police’, the anger behind the surge of ‘cancel culture’ — the nation’s social fabric is suddenly stretched taut and starting to tear at the seams.

Is it any surprise that gun sales are up 72%(!) vs last year, with first-time buyers driving a material percentage of that increase:

According to a report by the Washington Post, the National Sports Shooting Foundation says that first-time gun buyers played a heavy role in the increase.  Women and black Americans have also shown interest in arming themselves this year.

Nearly 5 million Americans purchased a firearm for the very first time in 2020NSSF surveyed firearm retailers which reported that 40% of sales were conducted to purchasers who have never previously owned a firearm,” the organization said in its analysis, which tracked background checks associated with the sale of a firearm reported by the FBI’s National Instant Background Check System.

“This is a tectonic shift in the firearm and ammunition industry marketplace and complete transformation of today’s gun-owning community,” said Lawrence G. Keane, a senior vice president at the foundation. “These first-time buyers represent a group of people who, until now, were agnostic regarding firearm ownership. That’s rapidly changing…

(Source)

This rise in public ire is something we’ve been warning of for years here at PeakProsperity.com. While there are many serious injustices that exist in today’s society, we believe the root cause for the majority of them lies in the misguided and frequently immoral policies perpetrated by the Federal Reserve and Congress — policies that reward the already-rich at the expense of the general public.

2020 has revealed this truth clearly in the response to the covid-19 pandemic. With the $5+ trillion unleashed between the monetary and fiscal “rescue” stimulus efforts, the battle cry from our “leaders” has been: Defend the rich! 

Despite an unprecedented decline in economic activity, asset prices have more than recovered their losses and many are now back at all-time-highs in what has been the shortest-lived bear market history:

Bear market comparison chart

We have been referring to these detrimental policies as the Leave No Billionaire Behind (#LNBB) program, as they’ve resulted in a massive boom for the uber-wealthy, while the rest of America has lost tens of millions of jobs and received meager to no assistance.

To get a sense of the gargantuan disparity between the haves and the have-nots, watch this 2-minute video:

And these policies aren’t going away. In fact, as Fed Chairman Jerome Powell stated yesterday, our leaders are doubling- and tripling-down on them.

In my recent interview with former Fed insider Danielle DiMartino-Booth, she interprets Powell’s comments yesterday as nothing less than a public commitment to “do even more” of what the Fed has been doing since 2009.

So if you think creating a zombie economy that enriches the elites while screwing the rest of us has been bad, boy, you ain’t seen nothin’ yet…

This is why my fellow co-founder Chris Martenson and I share this quote by Plutarch so often. If we continue the status quo trajectory, history is extremely clear on what will follow:

Plutarch quote

There is a line of intolerance that, once crossed, will turn the desperate masses against the small few benefitting so vastly from today’s system.

Skeptical it could happen? History begs to differ. Its list of social revolutions, uprisings and rebellions is so long it makes your head spin. Even the number that have happened just within the past decade is staggeringly large

And with an upcoming US Presidential election as divisive as this one? Not only will a large part of America be angry at the outcome, whomever wins, imagine what would happen should the results be contested in a protracted dispute (as has already been hinted at by both parties)? It would be the equivalent of tossing a grenade into the already-overstuffed powder keg....

Saturday, August 29, 2020

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http://www.informationclearinghouse.info/55516.htm 

Definitive Eurasian alliance is closer than you think

We have seen how China is meticulously planning all its crucial geopolitical and geoeconomic moves all the way to 2030 and beyond.

What you are about to read next comes from a series of private, multilateral discussions among intel analysts, and may helpfully design the contours of the Big Picture.

In China, it’s clear the path ahead points to boosting internal demand, and shifting monetary policy towards the creation of credit to consolidate the building of world-class domestic industries.

In parallel, there’s a serious debate in Moscow that Russia should proceed along the same path. As an analyst puts it, “Russia should not import anything but technologies it needs until it can create them themselves and export only the oil and gas that is required to pay for imports that should be severely restricted. China still needs natural resources, which makes Russia and China unique allies. A nation should be as self-sufficient as possible.”

That happens to mirror the exact CCP strategy, as delineated by President Xi in his July 31 Central Committee meeting.

And that also goes right against a hefty neoliberal wing in the CCP – collaborationists? – who would dream of a party conversion into Western-style social democracy, on top of it subservient to the interests of Western capital.

Comparing China’s economic velocity now with the US is like comparing a Maserati Gran Turismo Sport (with a V8 Ferrari engine) with a Toyota Camry. China, proportionately, holds a larger reservoir of very well educated young generations; an accelerated rural-urban migration; increased poverty eradication; more savings; a cultural sense of deferred gratification; more – Confucianist – social discipline; and infinitely more respect for the rationally educated mind. The process of China increasingly trading with itself will be more than enough to keep the necessary sustainable development momentum going.

The hypersonic factor

Meanwhile, on the geopolitical front, the consensus in Moscow – from the Kremlin to the Foreign Ministry – is that the Trump administration is not “agreement-capable”, a diplomatic euphemism that refers to a de facto bunch of liars; and it’s also not “legal-capable”, an euphemism applied, for instance, to lobbying for snapback sanctions when Trump has already ditched the JCPOA.

President Putin has already said in the recent past that negotiating with Team Trump is like playing chess with a pigeon: the demented bird walks all over the chessboard, shits indiscriminately, knocks over pieces, declares victory, then runs away.

In contrast, serious lobbying at the highest levels of the Russian government is invested in consolidating the definitive Eurasian alliance, uniting Germany, Russia and China.

But that would only apply to Germany after Merkel. According to a US analyst, “the only thing holding back Germany is that they can expect to lose their car exports to the US and more, but I tell them that can happen right away because of the dollar-euro exchange rate, with the euro becoming more expensive.”

On the nuclear front, and reaching way beyond the current Belarus drama – as in there will be no Maidan in Minsk – Moscow has made it very clear, in no uncertain terms, that any missile attack from NATO will be interpreted as a nuclear attack.

The Russian defensive missile system – including the already tested S-500s, and soon the already designed S-600s – arguably may be 99% effective. That means Russia would still have to absorb some punishment. And this is why Russia has built an extensive network of nuclear bomb shelters in big cities to protect at least 40 million people.

Russian analysts interpret China’s defensive approach along the same lines. Beijing will want to develop – if they have not already done so – a defensive shield, and still retain the ability to strike back against a US attack with nuclear missiles.

The best Russian analysts, such as Andrei Martyanov, know that the three top weapons of a putative next war will be offensive and defensive missiles and submarines combined with cyber warfare capabilities.

The key weapon today – and the Chinese understand it very clearly – is nuclear submarines. Russians are observing how China is building their submarine fleet – carrying hypersonic missiles – faster than the US. Surface fleets are obsolete. A wolf pack of Chinese submarines can easily knock out a carrier task force. Those 11 US carrier task forces are in fact worthless.

So in the – horrifying – event of the seas becoming un-sailable in a war, with the US, Russia and China blocking all commercial traffic, that’s the key strategic reason pushing China to obtain as much of its natural resources overland from Russia.

Even if pipelines are bombed they can be fixed in no time. Thus the supreme importance for China of Power of Siberia – as well as the dizzying array of Gazprom projects.

The Hormuz factor

A closely guarded secret in Moscow is that right after German sanctions imposed in relation to Ukraine, a major global energy operator approached Russia with an offer to divert to China no less than 7 million barrels a day of oil plus natural gas. Whatever happens, the stunning proposal is still sitting on the table of Shmal Gannadiy, a top oil/gas advisor to President Putin.

In the event that would ever happen, it would secure for China all the natural resources they need from Russia. Under this hypothesis, the Russian rationale would be to bypass German sanctions by switching its oil exports to China, which from a Russian point of view is more advanced in consumer technology than Germany.

Of course this all changed with the imminent conclusion of Nord Stream 2 – despite Team Trump taking no prisoners to sanction everyone in sight.

Backdoor intel discussions made it very clear to German industrialists that if Germany would ever lose its Russian source of oil and natural gas, coupled with the Strait of Hormuz shut down by Iran in the event of an American attack, the German economy might simply collapse.

There have been serious cross-country intel discussions about the possibility of a US-sponsored October Surprise involving a false flag to be blamed on Iran. Team Trump’s “maximum pressure” on Iran has absolutely nothing to do with the JCPOA. What matters is that even indirectly, the Russia-China strategic partnership has made it very clear that Tehran will be protected as a strategic asset – and as a key node of Eurasia integration.

Cross-intel considerations center on a scenario assuming a – quite unlikely – collapse of the government in Tehran. The first thing Washington would do in this case is to pull the switch of the SWIFT clearing system. The target would be to crush the Russian economy. That’s why Russia and China are actively increasing the merger of the Russian Mir and the Chinese CHIPS payment systems, as well as bypassing the US dollar in bilateral trade.

It has already been gamed in Beijing that were that scenario ever to take place, China might lose its two key allies in one move, and then have to face Washington alone, still on a stage of not being able to assure for itself all the necessary natural resources. That would be a real existential threat. And that explains the rationale behind the increasing interconnection of the Russia-China strategic partnership plus the $400 billion, 25-year-long China-Iran deal.

Bismarck is back

Another possible secret deal already discussed at the highest intel levels is the possibility of a Bismarckian Reinsurance Treaty to be established between Germany and Russia. The inevitable consequence would be a de facto Berlin-Moscow-Beijing alliance spanning the Belt and Road Initiative (BRI), alongside the creation of a new – digital? – Eurasian currency for the whole Eurasian alliance, including important yet peripheral actors such as France and Italy.

Well, Beijing-Moscow is already on. Berlin-Beijing is a work in progress. The missing link is Berlin-Moscow.

That would represent not only the ultimate nightmare for Mackinder-drenched Anglo-American elites, but in fact the definitive passing of the geopolitical torch from maritime empires back to the Eurasian heartland.

It’s not a fiction anymore. It’s on the table.

Adding to it, let’s do some little time traveling and go back to the year 1348.

The Mongols of the Golden Horde are in Crimea, laying siege to Kaffa – a trading port in the Black Sea controlled by the Genoese.

Suddenly, the Mongol army is consumed by bubonic plague.

They start catapulting contaminated corpses over the walls of the Crimean city.

So imagine what happened when ships started sailing again from Kaffa to Genoa.

They transported the plague to Italy.

By 1360, the Black Death was literally all over the place – from Lisbon to Novgorod, from Sicily to Norway. As much as 60% of Europe’s population may have been killed – over 100 million people.

A case can be made that the Renaissance, because of the plague, was delayed by a whole century.

Covid-19 is of course far from a medieval plague. But it’s fair to ask.

What Renaissance could it be possibly delaying?

Well, it might well be actually advancing the Renaissance of Eurasia. It’s happening just as the Hegemon, the former “end of history”, is internally imploding, “distracted from distraction by distraction”, to quote T.S. Eliot. Behind the fog, in prime shadowplay pastures, the vital moves to reorganize the Eurasian land mass are already on.

 

 


Friday, August 28, 2020

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http://alt-market.com/index.php/articles/4314-the-totalitarian-future-globalists-want-for-the-entire-world-is-being-revealed

The Totalitarian Future Globalists Want For The Entire World Is Being Revealed

All over the Western world ever since 9/11 there have been incremental steps towards what many liberty advocates would call a “police state”; a system in which governments are no longer restricted by the boundaries of civil liberties and are given the power to do just about anything they want in the name of public safety. The use of “the law” as a tool for injecting tyranny into a culture is the first tactic of all totalitarians.

The idea is that by simply writing government criminality into the law books, that criminality somehow becomes justified by virtue of legal recognition. It's all very circular. Whenever government abuse of the people is initiated, it's always initiated in the name of what's “best for society as a whole”. To save society, the individuals that make up a society must be sublimated or destroyed. This mentality is the complete opposite of what the Founding Fathers in America fought and died for, but as Thomas Jefferson once said:

Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add ‘within the limits of the law’ because law is often but the tyrant’s will, and always so when it violates the rights of the individual.”

In countries like Australia, which claim to value Western democratic principles of liberty and rule by the people, the perception is that civil rights are codified into the legal framework just as they are in the US. However, there are some glaring differences and issues; specifically, Australian citizens (like many European citizens) have absolutely no means to compel their government or the elites that influence their government to limit themselves. It is these nations, in which the populations have been mostly disarmed and pacified, that any agenda for tyranny will first be established. But we will get to that in a moment...

Make no mistake, there is a very OPEN and easily identifiable agenda on the part of globalists to establish a heavily centralized police state system in every country they are able. This is not “conspiracy theory”, this is conspiracy fact.

For many years now there have been numerous analysts, economists and geopolitical experts in the alternative media that have predicted and warned the public about the globalist strategy of “order out of chaos”. In other words, the ultra-wealthy power brokers that hold influence over most governments on Earth seek to “reshape” the existing social order through the creation of crisis and disaster. By engineering public desperation, they hope to lure us into accepting restrictions on our freedoms that we would have never considered otherwise.

The goal of a single global economy and government has been spoken of by elites time and time again, yet it is still to this day called “conspiracy theory” or “paranoid delusion”. I could quote these elites and their organizations all day long, but I'll cite a few choice statements to make my point.

As former Deputy Secretary of State under Clinton and Council on Foreign Relations member Strobe Talbot wrote in an article for Time Magazine in 1992 titled 'America Abroad: The Birth Of The Global Nation':

In the next century, nations as we know it will be obsolete; all states will recognize a single, global authority. National sovereignty wasn’t such a great idea after all.”

As elitist and Fabian Socialist HG Wells outlines in his non-fiction treatise titled 'The New World Order':

"...When the struggle seems to be drifting definitely towards a world social democracy, there may still be very great delays and disappointments before it becomes an efficient and beneficent world system. Countless people ... will hate the new world order ... and will die protesting against it. When we attempt to evaluate its promise, we have to bear in mind the distress of a generation or so of malcontents, many of them quite gallant and graceful-looking people.”

And how about one of my favorite revealing quotes from Trilateral Commission member Richard N. Gardner, former deputy assistant Secretary of State for International Organizations under Kennedy and Johnson? He wrote in the April, 1974 issue of the Council on Foreign Relation’s (CFR) journal Foreign Affairs (pg. 558) in an article titled 'The Hard Road To World Order':

In short, the ‘house of world order’ will have to be built from the bottom up rather than from the top down. It will look like a great ‘booming, buzzing confusion,’ to use William James’ famous description of reality, but an end run around national sovereignty, eroding it piece by piece, will accomplish much more than the old-fashioned frontal assault.”

Members of globalist foundations and think-tanks like the CFR have inhabited nearly every US government office and presidential cabinet for the past several decades. This includes the two dozen or so CFR members in Donald Trump's cabinet.  Draining the swamp? Not going to happen.

As Harpers Magazine candidly revealed in a 1958 expose titled 'School For Statesmen':

“The most powerful clique in these (CFR) groups have one objective in common, they want to bring about the surrender of the sovereignty and the national independence of the U.S. They want to end national boundaries and racial and ethnic loyalties supposedly to increase business and ensure world peace. What they strive for would inevitably lead to dictatorship and loss of freedoms by the people. The CFR was founded for “the purpose of promoting disarmament and submergence of U.S. sovereignty and national independence into an all powerful one world government.”

The easiest method for the globalists to get what they openly say they want is to either conjure a crisis or exploit an existing crisis in order to “erode sovereignty”. The current pandemic fits this plan perfectly, but before sovereignty can be eliminated on a national level they need to undermine sovereignty on an individual level first.

Actions within the US and nations allied to the US suggest an accelerated attack on personal liberties is at hand.

There are sister foundations to the CFR in many other countries. For example, in Australia they have the highly embedded and influential Strategic Policy Institute, which has been consistently advocating for complete centralization of government power in the wake of the coronavirus pandemic. Their stated plan is to concentrate policy administration in the hands of a new “commission” or “department” made up of the “brightest minds”. This commission would not be tasked with getting Australia back to normal, but convincing the public to ACCEPT the “new normal” beyond the pandemic.

The ASPI enthusiastically heralds the idea in an article titled 'Coronavirus Response A Chance To Reimagine Future For Australia':

The agenda of such a department now is not about getting Australia back to normal after the pandemic. It’s about re-imagining what Australia can be and how we can thrive and prosper in our future beyond the coronavirus and in light of drought, bushfires and climate change. Think about the kind of new economy we can have after the forced, rapid adoption of dispersed home working and schooling through digital means. We can be the leading digital economy the prime minister desired before the pandemic, not by 2030 but much earlier.”

This reminds me immediately of the post 9/11 push to rapidly remove constitutional protections while the public was blinded by fear and confusion.  As US globalist Rahm Emanuel would say:

You never want a serious crisis to go to waste. And what I mean by that is an opportunity to do things that you think you could not do before.”

The ASPI reveals the true agenda, which is the complete federalization and unilateral implementation of law without public approval. The plan is to do this by exploiting the pandemic event to its full potential and then applying the rapid societal changes in government structure. This will then be carried on long after the coronavirus disappears in the name of the economy, welfare programs and so-called “global warming”. The pandemic response is just a means to an end, and the end game is total dominance of the population.

I focus on Australia and the surrounding regions in particular because this seems to be the place where globalists are enforcing technocratic policies first. Or at the very least, they are test-running their strategy and using Australians as guinea pigs. When the ASPI says they plan to keep the pandemic changes in place well after the virus is gone, they aren't just talking about shifting into a digital economy.

Right now, Australia and New Zealand are slamming citizens with perhaps the most draconian measures yet in the Western world. These are policies that the elites want to introduce everywhere, but they are going full bore in Australia, and it just keeps getting worse.

In various areas of Australia “Level 4” response measures have been enforced for at least the next six weeks, including curfews, strict mask policies including people being forced to wear masks OUTSIDE (contrary to everything science and virology has to say about low possibility of transmission in sunlight and open air), residents are not allowed to travel more than 3 miles from their homes and only one person from a household is allowed to leave at any given time. Citizens violating these rules are subject to $10,000 fines or arrest. And yes, people are being arrested simply for not wearing mask or being too far from home.

In New Zealand, the situation has become exceedingly grim and I think it should be treated as a warning to Americans specifically as to our potential future if we allow the narrative of “public health security” to be turned into a vehicle for tyranny.

While Australia has been using quarantine facilities to force people considered high risk to isolate, NZ quarantine camps are now fully under the control of the military, and ALL citizens that test positive or are suspected to have Covid can be separated from their families and placed in the camps, which are hotels converted into prisons.

It is the complete erasure of personal liberties all because of an increase in cases which has amounted to a mere 525 deaths in Australia and 22 deaths in New Zealand.

I believe the reason Australia and New Zealand have been targeted with this level of restrictions first is because they have been almost fully disarmed and have no means to defend themselves from government overstep. That said, I see signs that similar measures will be attempted in the US as well. In states like New York, there are low key programs to set up Covid checkpoints stopping and checking vehicles coming into the state. This is where heavier restrictions start.

First, checkpoints will be established in the name of keeping infected people out of a state or city. Then, those same checkpoints will be used to keep people from leaving a state or city. Then, checkpoints will be set up at random to test people for fever or symptoms of illness. If allowed to continue, the natural progression of checkpoints is to terrify the population into not traveling anywhere for any reason. Like in Australia and NZ, people will effectively be imprisoned in their homes. At this stage, bringing in laws or executive orders punishing people for leaving home will be easier; they will have already acclimated to being trapped at home anyway.

Furthermore, elites and globalists within the US are calling for hard lockdowns for at least six weeks, just like the Level 4 lockdowns in Australia. Federal Reserve member Neel Kashkari recently asserted that Americans are saving more, thus they should be subjected to hard lockdowns “because they can afford it”.

Virginia is planning mandatory Covid vaccinations, even though vaccines for SARS like viruses have proven impossible to develop in the past, and rushed vaccines have a history of harming or killing people rather than protecting them. Set aside the issue that giving government the power to force citizens to inject anything into their bodies is immoral.

What's next? Covid camps? Well, yes, unless Americans make a hard stand. Mainstream media outlets have been suggesting this strategy for months. The Washington Post applauded the use of forced isolation camps in other nations and asks why the US has not yet used them beyond ports for foreign travelers? The reason is this: Many Americans will not go along with such measures, and will use force in-kind against anyone trying to lock them up because of a virus that is a moderate threat at most to a small percentage of the population.

That said, don't assume that the establishment will not eventually try it here. They will. Be ready when they do so. Look to the actions in places like Australia and NZ and ask yourself, am I willing to go along with that? And if so, for how long? Because the globalists intend for these restrictions to become the “new normal”. They intend for this nightmare to last forever.

....

And, if you trust the Covid-19 statistics, view this video,

https://www.youtube.com/watch?time_continue=608&v=k1trzdmwR2M&feature=emb_logo

Lies, Damned Lies and Coronavirus Statistics


Thursday, August 27, 2020

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http://www.informationclearinghouse.info/55508.htm 

American Recessional

So, the tumult and the shouting--such as it was--dies, the Capitalists and the Cronies depart, still stands this diseased, battered country, reeling in furious confusion, justified outrage, passionate nonsense, and reflex violence as it shifts its focus to the geeks and freaks--the Bearded Lady, Sword Swallower, and Pinhead--who’ll parade their freakish kinks...

No.  I can’t do it any more.  There’s no zest, no satisfaction, no pride in ridiculing an unmitigated tragedy, and what has happened to America is a tragedy.  To make fun, to satirize, to cleverly lampoon it, as if there was a purpose in such ridicule is just too sad, too grim an exercise to justify.
 

What’s changed?  Why won’t the old ways of critiquing our country work any more?  It’s because wit, humor, and irony are devices used to impel change for the better.  They lose all effect when change is impossible and essential change is no longer conceivable in America.
 
The root cause is our system--fantasized, mythologized, sacralized--built on injustice, inequity, and engineered privilege, with a profound and tacit hypocrisy that even its purveyors couldn’t comprehend.  Our foundation was laid on footings of genocide, slavery and empowered oligarchy and the  nation so based and created evolved exactly as it had to do.
 
The last four years of Trump, has forced into high relief and placed under spotlights, the grotesque falsity and ugliness that our deeply corrupt polity has made hallmarks of our failed state.  Yet these years of the Trump Era have altered nothing significant about us, nor have they deviated from the dark, sinister character of our notorious history.  Their dull, dense and banal evil were the inevitable result of decades of raw crime that went before. 
 
What they have done--in their bald vulgarity, in their gallumphing, puerile hubris, their refusal to mask our historic amorality with fulsome, exculpatory rhetoric and paeans of high spiritual purpose--is to advertise in grisly detail the vacuous arrogance, blatant cruelty, bottomless avarice, and brazen, bullying aggression that has insulted, violated, and alienated the world.
 
It is psychological fact that when the gap yawns too wide between what is asserted and reality, when a description clearly no longer matches an object, when what is said bears no relation to what is experienced, then the faith they’re intended to bolster evaporates and is gone.  This is what has happened in America.  From our beginning, our Exceptionalist mythology, with its heroic gospel, its philosophical poetry and gorgeous, vital imagery had kept its iron lock on the minds and hearts of a vast majority of us.  It has taken only one lifetime for it to be exposed, decoded, and sprung.
 
Americans, long taught that they were a superior people in the most just, honorable, wise, heroic nation on earth have had their faith battered and broken, gradually, against their will, by decades of crime and folly, with each new outrage and imbecility hard-sold to them as what it was not: an action of the most heroic humane kind, for the most admirable of motives.
 
Perfected in World Wars I and II, sustained with difficulty in Korea, it began to rapidly unravel in Vietnam, and the blatant, bloody fiascos of Aghanistan, Iraq, Libya, Syria and--diplomatically--Iran, have proven the myth a maudlin yarn of bathetic fiction.  Only ignorant, blind, propagandized boobs and kooky xenophobes still cling to the gory fairy tale of Exceptionalism and the dirty joke of America’s purity and nobility it trumpeted to the world.
 
Concurrent with the bloody amorality of America all over the earth, as our government partnered with and coddled dozens of the most brutal, vile, murderous maniacs ever to live, arming their police states, death squads, torture regimes, and mercenary jihadis, the myth was used to hoodwink and impoverish the great bulk of innocents at home who supported it.
 
For generations the economic security of working people has been actively undermined and their wages eroded by their own corporate government.  They were told there was no money for social well-being as they watched a tiny clique of titans of finance enrich itself beyond imagination, and obscene “defense” budgets milk billions via government fiat for the War Machine to kill millions of peasant “enemies” in places they couldn’t find on a map. 
 
Deception and murder overseas; fraud and crushing punishment at home: these are the filthy realities the grotesque fairy tale so long and diligently concealed from us.  That horror is ended.  It’s deep, fatal effects are not.
 
The greatest peril to a state occurs when its people no longer believe that it represents them.  When that faith fails, as it did in Periclean Athens, in late imperial Rome, Republican Spain, and Weimar Germany, state machinery seizes up, its authority dissolves, and there is war in the streets.  That we are nearing such a point is made obvious by the bitter polarity and violent opposition between Trump and anti-Trump factions, but also in a deeper,  more dangerous division between the tyrannical, wealthy oligarchy that owns the country and demands endless war and American hegemony, and the great majority that lives as economic victims of that insane ruling clique.
 
Now, faced with by far the most ominous sociopolitical disfunction of our modern history, and with the overlay of the unknown destructive potential of Coronavirus and the certainty of inexorable climate catastrophe already evident, we are given the Presidential election of 2020, hyped to the max by solemn, phony politicians and hysterical media flacks, packaged as if it addressed, in any way, the interlocking complex of impending disasters.
 
The absurdist commedia del arte of two old, ridiculously inept, and grossly impaired buffoons heading two sick cadres of leased political whores who jointly serve the .0001%, is the memento mori of America.  Regardless of the outcome of this sorry farce, the end of the country in any recognizable form will be accelerated, fast tracked to implosion.

As in any natural process, disintegration will not be sudden or immediate.  Dissolution may take as long as creation.  As it proceeds, Americans will suffer and their suffering will be intense, acute and inescapable.  They will grope and grasp for answers, remedies, fixes, and find none.  They have been schooled that all problems have solutions and can be overcome.  It is not so.  Their myth deceived them.
 

The end of Rome ushered in a thousand years of darkness in Europe and nothing could prevent it but precedents are meaningless.  Modern countries and cultures do not disappear in failure or even war, nor do entire peoples.  Matter, says science, is neither created nor destroyed.  When a great nation fails and falls apart, there remains the eternal resilience of the life force, which is unending.  That force will always be with us.

 

Wednesday, August 26, 2020

SC217-10

https://www.oftwominds.com/blogaug20/trends-accelerating8-20.html

The Pandemic Is Accelerating Trends That Are Disrupting the Foundations of the Economy

Fundamentally, the economy of 2019 was not very different from the economy of 1959: people went shopping at retail stores, were educated at sprawling college campuses, went to work downtown, drove to the doctor's office or hospital, caught a flight at the airport, and so on.

The daily routine of the vast majority of the workforce was no different from 1959. In 2019, the commutes were longer, white-collar workers stared at screens rather than typewriters, factory workers tended robots and so on, but the fundamentals of everyday life and the nature of work were pretty much the same.

Beneath the surface, the fundamental change in the economy was financialization, the commodification of everything into a financial asset or income stream that could then be leveraged, bundled and sold globally at an immense profit by Wall Street financiers.

This layer of speculative asset-income mining had no relation to the actual work being done; it existed in its own derealized realm.

For decades, these two realms--the structure of everyday life (to borrow Braudel's apt term) and the abstract, derealized but oh so profitable realm of financialization--co-existed in an uneasy state of loosely bound systems.

If you squinted hard enough and repeated the mantras often enough, you could persuade yourself there was still some connection between the everyday-life economy and the realm of financialization.

The two realms have now disconnected, and the real-world economy has been ripped from its moorings, as patterns of work and every-day life that stretch back 70 years to the emergence of the postwar era unravel and dissolve.

The trends that are currently fatally disrupting retail, education, office work and healthcare have been in place for years. When I wrote my 2013 book about the digitized future of higher education in a low-cost union of high-touch and low-touch learning, The Nearly Free University, all these trends were already clearly visible to those willing to look beyond the models embedded in the economy for decades or even centuries.

Visionaries like Peter Drucker foresaw the complete disruption of the education and healthcare sectors as far back as 1994. Post-Capitalist Society.

The problem with this disruption is it eliminates tens of millions of jobs--not just the low-paying jobs in retail and dining-out, but high-paying jobs in university administration, healthcare, and other core service sectors.

The last real-world connection between everyday life and financialization was the over-supply of everything that could be financialized: the way to reap the big profits was expand whatever could be leveraged and sold. So retail and commercial space ballooned, colleges proliferated, cafes sprang up on every corner, etc.

Meanwhile, financialization's unquenchable thirst for higher profits stripped everything of the redundancy and buffers required to stabilize the system in times of crisis. So hospitals no longer kept inventory because by the logic of financialization, all that mattered was maximizing the return on capital--nothing else could possibly matter in the derealized realm of speculative profiteering.

Now healthcare finds itself trapped between the pincers of financialization's stripmining and the collapse of retail in-person demand--the financial foundation of the entire system. Under the relentless pressure of financialization's stripmining and profteering, healthcare only survives if it can bill somebody somewhere a staggering amount for everything from office visits to procedures to hospital stays to medications.

Once that avalanche of billing dries up, the entire sector implodes: a sector that accounts for almost 20% of the U.S. economy.

Higher education is also imploding, and for the same reason: its output no longer justified its enormous cost structure. The same can be said of overbuilt retail and commercial space: the financial justification for sky-high rents have imploded and will never come back. The over-supply is so monumental and the collapse of demand so permanent, the gigantic pyramid of debt and speculative excess piled on all these excesses is collapsing.

A bailout by the Federal Reserve won't change the fundamentals of the collapse of financialization; all the Fed can do is reserve scarce lifeboat seats for its billionaire banker-financier pals. (Warren, you know Bill, have you met Jamie, Jeff, Tim and the rest of the Zillionaire Rat-Pack?)

Despite the record highs in the stock market--the ultimate expression of financialization disconnected from the real-world economy--financialization is also imploding. Financialization still claimed a connection to the real world of income streams and the value of the collateral underlying all the speculative profiteering: the high rents paid by the restaurants on the ground floor and the businesses for office space above justified the high value of the collateral, the commercial building.

Foundational swaths of the real-world economy have been swept away, and so the collateral is largely worthless. Lots of people want their employer to start paying for business-class airline seats again so they can jet around the country on somebody else's dime, staying in pricey hotels and attending conferences, but these activities no longer have any financial justification.

The economy of 1959 is finally expiring. The enormous time and money sinks of transporting humans hither and yon no longer have any financial justification.

The problem is the economy that's left has no means of creating tens of millions of jobs to replace those lost as the 1959 economic model collapses. We all know that automation is replacing human labor, but the real change is the collapse of the financial justification for the enormously costly systems we now depend on to generate jobs: healthcare, retail, tourism, dining out, education, working downtown, and all the professions dependent on managing all this complexity.

While the elimination of low-skill jobs--a longstanding trend--is attracting attention, the implosion of the 1959 economic model and financialization will soon sweep away millions of high-paying professional jobs that no longer have any financial justification.

As the 1959 economy implodes, so does the tax system based on payroll taxes and property taxes. This article sketches out the perverse incentives for employers to invest in automation rather than hire workers: Covid-19 Is Dividing the American Worker (WSJ.com)

There are alternatives, but they require accepting the implosion of both the 1959 economic model and its evil offspring, financialization.

I sketched out an alternative way of organizing work, everyday life and finance in my book A Radically Beneficial World. There are alternative ways of organizing civilization other than the insanely wasteful and exploitive system we now inhabit.

Tuesday, August 25, 2020

SC217-9

http://edwardcurtin.com/send-in-the-clowns-for-the-circus-is-in-town/

Send in the Clowns for the Circus Is in Town

Don’t bother, they’re here, already performing in the center ring under the big top owned and operated by The Umbrella People.

Trump, Biden, Pence, Harris, and their clownish sidekicks, Pompeo, Michelle Obama, et al., are performing daily under the umbrella’s shadowy protection. For The Umbrella People run a three-ring circus, and although their clowns pop out of separate tiny cars and, acting like enemies, squirt each other with water hoses to the audience’s delight, raucous laughter, and serious attentiveness, they are all part of the same show, working for the same bosses.  Sadly, many people think this circus is the real world and that the clowns are not allied pimps serving the interests of their masters, but are real enemies.

The Umbrella People are the moguls who own the showtime studios – some call them the secret government, the deep-state, or the power elite. They run a protection racket, so I like to use a term that emphasizes their method of making sure the sunlight of truth never gets to those huddled under their umbrella. They produce and direct the daily circus that is the American Spectacle, the movie that is meant to entertain and distract the audience from the side show that continues outside the big top, the place where millions of vulnerable people are abused and killed.  And although the sideshow is the real main event, few pay attention since their eyes are fixed on the center ring were the spotlight directs their focus.

The French writer Guy Debord called this The Society of the Spectacle.

For many months now, all eyes have been directed to the Covid-19 propaganda show with Fauci and Gates, and their mainstream corporate media mouthpieces, striking thunderbolts in the storm to scare the unknowing audience into submission so the transformation of the Great Global Reset, led by the World Economic Forum and the International Monetary Fund, can proceed smoothly.

Now hearts are aflutter with excitement to see the war-loving Joe Biden boldly coming forth like Lazarus from the grave to announce his choice of a masked vice-presidential running mate who will echo his pronouncements.

And the star of the big top, the softly coiffured reality television emcee Trump, around whom the spectacle swirls, elicits outraged responses as he plays the part of the comical bad guy.

Punch and Judy indeed.

All the while the corporate mainstream media warn of grim viral milestones, election warnings, storms ahead!  The world as you know it is coming to an end, they remind us daily.

The latter meme contains a hint of truth since not just the world as we know it may be coming to an end, but the world itself, including human life, as the clowns initiate a nuclear holocaust while everyone is being entertained.

Meanwhile, as the circus rolls along, far away and out of mind, shit happens:

With more than 400 military bases equipped with nuclear weapons surrounding China, the United States military continues its encirclement of China and China enters a “state of siege.”

The U.S. conducts military exercises with the Ronald Reagan Carrier Strike Group in the contested South China Sea. These U.S “maritime Air defense operation[s]” close to the Chinese mainland are a part of significantly increased U.S. military exercises in the area.

The U.S. Defense Secretary Esper announces that the U.S. is withdrawing troops from Germany but moving them closer to the Russian border to serve as a more effective deterrent against Russia.

Russia says it will regard any ballistic missile aimed at its territory as a nuclear attack and will respond in kind with nuclear weapons.

Although the U.S. is formally not at war with any African country, a new report reveals that the United States has special forces operating in 22 African countries with 29 bases and 6,000 troops, with a huge drone hub in Niger that cost 100 + million to build and is expected to have operating costs of more than $280 billion by 2024.

The U.S. continues its assault on Syria, aside from direct military operations, by building up Kurdish proxies in northeastern Syria to protect the oil fields that they are stealing from the Syrian government, a plan hatched long ago.  The U.S. says their strategy is to deny ISIS a valuable revenue stream.  The same ISIS they used to attack the Syrian government in a war of aggression.

A new document exposes the U.S. plan to overthrow the socialist government of Nicaragua through the United States Agency for International Development (USAID), a traditional U.S. regime change and CIA front organization.

Meanwhile, in Belarus, a place most Americans can’t find on a map, there is another color “revolution” underway.

Continuing its war against Iran and Venezuela by other means, the Trump administration seizes Iranian tankers carrying fuel to Venezuela.  “Something will happen with Venezuela.  That’s all I can tell you.  Something will be happening with Venezuela,” said Trump in a July interview with Noticias Telemundo.

And of course the Palestinians are left to suffer and die as Israel is supported in its despotic policies in the Middle East.

The list goes on and on as the U.S. under Trump continues to wage war by multiple means around the world. But his followers see him as peaceful president because these wars are waged through sanctions, special operations, drones, third parties, etc.

But back in the center ring, the two presidential clown candidates keep the audience entertained, as they shoot water at each other. Trump, who now presides over all the events just listed, and Biden, who enthusiastically supported the American wars against Iraq, Afghanistan, Syria, Libya, etc.

But then the followers of Obama/Biden also see their champions as peaceful leaders.  This is even more absurd.

Don’t you like farce?

Besides being a rabid advocate for the invasion of Iraq in 2003 as a senator, Biden, as Vice-President under Obama for eight years, seconded and promoted all of Obama’s wars that were wrapped in “humanitarian” propaganda to evade international law and keep his liberal supporters quiet. From Bush II, an outright cowboy war-wager who used America’s large military forces to invade Afghanistan and Iraq under false pretensions – i.e. lies, Obama and his sidekick Biden learned to arm and finance thousands of Islamic jihadists, run by the CIA and U.S. special forces, to do the job in more circumspect ways. They expanded and grew The United States Africa Command (U.S. AFRICOM) throughout Africa. They agreed to a $1 trillion upgrade of U.S nuclear weapons (that continues under Trump). They disarmed their followers, who, in any case, wished to look the other way. Out of sight and out of mind, Obama/Biden continued the “war on terror” with drones, private militias, color revolutions, etc. They waged war on six-seven – who knows how many – countries.

An exception to the more secretive wars was the Obama administration’s openly savage assault on Libya in 2011 under the lies of an imperial moral legitimacy. In order to save you, we will destroy you, which is what they did to Libya, a country still in ruins and chaos.  Their equally blood-thirsty Secretary of State Hillary Clinton let the cat out of the bag when she laughed and gleefully applauded the brutal murder of Libya’s leader Moammar Gaddafi with the words: “We came, we saw, he died.” Yippee!

After Libya was destroyed and so many killed in an illegal and immoral war financed with $2 billion dollars from the America treasury, Joseph Biden bragged that the U.S. didn’t lose a single life and such a war was a “prescription for how to deal with the world as we go forward.”

Biden was Obama’s front man on Iraq, the war he voted for in 2003, and wrote an op ed article in 2006 calling for the breakup of the country into three parts, Shia, Sunni, and Kurdish.

When Obama launched 48 cruise missiles and more than ten thousand tons of bombs on Syria in 2016, killing over a hundred civilians, a third of them children, V.P. Biden stood proud and strong in support of the action.

When the U.S. launched the bloody coup in Ukraine in 2014, Biden was of course in agreement.

But we are told that Trump and Biden are arch-enemies.  One of them wants war and the other wants peace.

How many Americans will vote for these clowns this year?  They are really front men for The Umbrella People, the money people who use the CIA and other undercover forces to carry out their organized crime activities.

As C.S Lewis said in his preface to The Screwtape Letters:

The greatest evil is not now done in those sordid ‘dens of crime’ that Dickens loved to paint . . .. But it is conceived and ordered (moved, seconded, carried, and minuted) in clean, carpeted, warmed, and well-lighted offices, by quiet men with white collars and cut fingernails and smooth-shaven cheeks who do not need to raise their voice.

In the 2016 presidential election, Hillary Clinton and Donald Trump received 129 million votes out of 157 million registered American voters eager to believe that this system is not built on imperial war making by both parties.

Perhaps that’s a generous assessment. Maybe many of those voters believe in the U.S.A.’s “manifest destiny” to rule the world and wage war in God’s name.  I hope not.  But if so, you can expect a big turnout on November 3, 2020.

In any case, it’s quite a circus, but these clowns aren’t funny.  They are dangerous.

“But where are the clowns?
Quick, send in the clowns
Don’t bother they’re here”

Don’t you like farce?

 

Monday, August 24, 2020

SC217-8

https://www.peakprosperity.com/one-step-removed/ 

One Step Removed 

 

Avoid the trap the system is setting to imprison you

Millions of people are about to enter a financial purgatory, becoming little more than modern-day slaves.

While they’ll be reported by the media as those “evicted” or “foreclosed on”, if we define a slave as someone forced to work for another by existing legal circumstances or approved cultural norms, then that’s exactly what these people should actually be called: slaves.

Too harsh?

Allow me to make my case.

Being ‘One Step Removed’ Is All Evil Needs

Slavery can exist when there’s a system that allows it.  It’s a combination of morals (or, rather, lack thereof) and laws that allow one human to control the daily actions of another.  Neither a slave’s time nor personal freedom belong to them.

I learned a long time ago that most humans, at best, have what we might call ‘shallow’ morals. There are chemical engineers who would never dump a toxin directly into a child’s cereal bowl, because that would be immoral; but they’ll casually and routinely inject toxins into groundwater tables (which may eventually end up in the local milk supply) because they have an EPA permit to do so.

If questioned, these same engineers know that there’s a chance, maybe even a very good chance, that the injected chemicals could end up somewhere unintended.  But because their actions today are one step removed from the consequences of tomorrow, that’s enough to get them off of a moral hook.

In other words, their morals don’t extend past that first action — they stop right there.  They are therefore ‘shallow’ morals.

‘Deeper’ morals would include a sense of responsibility for the entire lifespan of the chemicals in question.

Similarly, mortgage companies are staffed to the gills with people who could never themselves forcibly eject an elderly person and all of their possessions onto the curb outside the home they’d lived in for 50 years.  It would be morally upsetting.

But they routinely submit the paperwork that causes these things to happen nonetheless.

Luckily for the mortgage company workers it’s the sheriffs deputies who actually handle the evictions.  Luckily for the sheriffs involved, somebody else’s decision was responsible for the eviction.  Both the sheriffs and the mortgage company employees are similarly insulated from any moral qualms because neither was directly responsible for Granny or Grampa’s plight. They’re just “following orders”.

One step removed.  That’s all it takes.

The point here is that as long as people have just one degree of separation from their actions, that’s sufficient to dodge any moral qualms that may arise.  What we cannot stomach to do ourselves can be more easily overlooked if someone else is performing the deed.

The Immoral Fed

The largest and most obvious one step removed ‘dodge’ in play right now is the US Federal Reserve’s evasion of moral responsibility for making the wealth gap explode wider, destroying the financial futures of tens of millions of American households.

After printing up a bubble that ruined many in the 1990’s, eventually bursting in the year 2000, the Fed set about blowing an even larger bubble. That burst in 2008. And now they are back at it again.

Every step of the way, the Fed policies resulted in the rich getting richer, the middle classes and the poor being financially eviscerated, and future generations getting hosed.

How do the Fed’s staffers sleep at night?

By delusional thinking like this:

(Source)

The necessary one degree of separation for Jay “pants on fire” Powell to say such obviously flawed things is provided by “the markets”, which is where the trillions of dollars freshly printed by the FEd quickly end up.

That goosed markets then benefit the already-rich is simple to deduce. Those who own lots of stocks and bonds as well as those who operate the most intimate details of the financial machinery are rewarded instantly by higher prices.  They become instantly richer.  Which means they can afford to buy more ‘real’ things like land, buildings, businesses, factories, gold, fine art — you name it.

Well-connected entities like BlackRock are actually in bed with the Fed, getting richly rewarded merely for helping it spend its vast gobs of newly-created currency :

BlackRock Is Bailing Out Its ETFs with Fed Money and Taxpayers Eating Losses; It’s Also the Sole Manager for $335 Billion of Federal Employees’ Retirement Funds

June 4, 2020

Today [June 4, 2020], BlackRock has been selected in more no-bid contracts to be the sole buyer of corporate bonds and corporate bond ETFs for the Fed’s unprecedented $750 billion corporate bond buying program which will include both investment grade and junk-rated bonds. (The Fed has said it may add more investment managers to the program eventually.)

BlackRock is being allowed by the Fed to buy its own corporate bond ETFs as part of the Fed program to prop up the corporate bond market. According to a report in Institutional Investor on Monday, BlackRock, on behalf of the Fed, “bought $1.58 billion in investment-grade and high-yield ETFs from May 12 to May 19, with BlackRock’s iShares funds representing 48 percent of the $1.307 billion market value at the end of that period, ETFGI said in a May 30 report.”

No bid contracts and buying up your own products, what could possibly be wrong with that? To make matters even more egregious, the stimulus bill known as the CARES Act set aside $454 billion of taxpayers’ money to eat the losses in the bail out programs set up by the Fed. A total of $75 billion has been allocated to eat losses in the corporate bond-buying programs being managed by BlackRock. Since BlackRock is allowed to buy up its own ETFs, this means that taxpayers will be eating losses that might otherwise accrue to billionaire Larry Fink’s company and investors.

(Source)

On the one hand, BlackRock is busy buying all sorts of things to stuff on the Fed’s balance sheet.

On the other hand, BlackRock has access to unlimited capital at the most favorable terms/prices in the world.

On a third hand, BlackRock is busy buying up distressed properties from recently foreclosed Americans who couldn’t manage to stretch a $1,200 stimulus check across 8 months of being out of work.

Add it all up and these recently dispossessed Americans will find themselves no longer owning a home. Instead, they’ll rent one from the no-bid contract winners like BlackRock, who were literally hand-picked by the Fed.

When there’s no money to be found to help working-class families, you can be certain there are still unlimited billions available to keep outfits like BlackRock supremely well incentivized to… uh, keep doing what they already were doing anyways: Getting obscenely rich.

Now, instead of working for themselves to pay off their own homes, these newly dispossessed Americans will still have to live somewhere. Many of them will end up renting from Wall Street entities like BlackRock.

How do I know this?  Because that playbook page already exists.  It’s an observed reality.  It’s been done before and it will happen again.

We saw this in the aftermath of the housing crash/Great Financial Crisis:

When Wall Street Is Your Landlord

Feb 2019

[T[he government incentivized Wall Street to step in. In early 2012, it launched a pilot program that allowed private investors to easily purchase foreclosed homes by the hundreds from the government agency Fannie Mae. These new owners would then rent out the homes, creating more housing in areas heavily hit by foreclosures.

Between 2011 and 2017, some of the world’s largest private-equity groups and hedge funds, as well as other large investors, spent a combined $36 billion on more than 200,000 homes in ailing markets across the country. In one Atlanta zip code, they bought almost 90 percent of the 7,500 homes sold between January 2011 and June 2012; today, institutional investors own at least one in five single-family rentals in some parts of the metro area.

I talked with tenants from 24 households who lived or still live in homes owned by single-family rental companies. I also reviewed 21 lawsuits against three such companies in Gwinnett County, a suburb of Atlanta devastated by the housing crash. The tenants claim that, far from bringing efficiency and ease to the rental market, their corporate landlords are focusing on short-term profits in order to please shareholders, at the expense of tenant happiness and even safety. Many of the families I spoke with feel stuck in homes they don’t own, while pleading with faraway companies to complete much-needed repairs—and wondering how they once again ended up on the losing end of a Wall Street real estate gamble. 

(Source)

In today’s reality, the Federal Reserve is deciding, unilaterally and without any effective oversight or requiring a single vote from a single American, who should be the winners and who should be the losers.

Should we be surprised that the big institutions are the winners and ‘we the people’ the losers?

To be fair, this isn’t BlackRock’s fault, right?  It’s simply how the system is currently set up.  It’s just the prevailing legal and moral framework, right?

What do they say on Wall Street to point out the one step removed angle: “Don’t hate the player, hate the game”?  Well, maybe that works in pro basketball. But in finance, where the players have a strong say in writing the rules, I don’t think that saying provides much air cover.

Here in August 2020 after the coronavirus (combined with a desperately poor series of managerial decisions by politicians and career health ‘authorities’) laid waste to the economy, it’s perfectly clear that much actually was learned from the 2008 crisis.

The wealthy learned that you can pretty much get away with anything you want. And so they’re at it again.

Corporations learned to hoover up the free money as fast as possible.

Speculators learned that the Fed would always cover their losses and to ‘buy the dip.’

Nowhere along the way did anybody seem to learn the importance of community, watching out for your fellow citizens, having integrity, or caring about the future.  Savers and the prudent alike have been literally punished for being responsible.

Finding The Way Out

Once you see through the ‘one step removed’ lens, you’ll begin to see it everywhere.

Too many people do things that aren’t even remotely justifiable (let alone moral) once the totality of the actions are taken into account.

A corollary to this is that the measure of a person can be observed in their actions when nobody is looking.

Far more impressive than the thousands YouTube clips showing a supposed samaritan help an unfortunate soul (while a camera just happens to be recording from a perfect angle followed by a quick upload to 8 different social media channels) is the person who helps another when no one else is there to watch.

“The system” is providing the necessary legal and moral cover for BlackRock and other similarly fabulously wealthy parties to sweep in and take advantage of current circumstances to make a few billion extra bucks.

When the dust settles after the pandemic subsides, we’ll find that another large fraction of the assets of our nation – it’s houses, soil and productive enterprises – will have been transferred (again!) to the tiny minority already at the top of the wealth pyramid.

The process used will continue to be simply this: the Fed prints new currency out of thin air, hands it to Wall Street, which in turn buys up the productive assets of the country. If challenged, each party has its own ‘one step removed’ cover story ready to go.

Once upon a time, our cultural and legal principles sadly allowed the productive output of people called slaves to belong to people we called slave owners.

Today ,there’s a codified system of financial rules and a supporting legal framework that assigns the productive output of the poor and middle classes to corporate owners.

The former process was direct.  The latter process has the same outcome; it’s just simply one step removed.

So how do we free ourselves from the shackles the system is trying so hard to place us in?

In Part 2: The Way Out, I share the strategies I’m implementing in my personal life/homestead/community to build wealth that can’t be easily stolen by the printing press or over-reaching authorities.

The truth is we live in an exceptionally challenging time: for our wealth, our civil liberties, and our ability to pursue happiness.

There are no guarantees except this: to do nothing is to walk willingly into the trap being set for you.

 

Wednesday, August 19, 2020

SC217-7

https://www.rutherford.org/publications_resources/john_whiteheads_commentary/the_great_election_fraud_will_our_freedoms_survive_another_election 

The Great Election Fraud: Will Our Freedoms Survive Another Election?

“Never has our future been more unpredictable, never have we depended so much on political forces that cannot be trusted to follow the rules of common sense and self-interest—forces that look like sheer insanity, if judged by the standards of other centuries.” ― Hannah Arendt, The Origins of Totalitarianism

And so it begins again, the never-ending, semi-delusional, train-wreck of an election cycle in which the American people allow themselves to get worked up into a frenzy over the misguided belief that the future of this nation—nay, our very lives—depends on who we elect as president.

For the next three months, Americans will be dope-fed billions of dollars’ worth of political propaganda aimed at keeping them glued to their television sets and persuading them that 1) their votes count and 2) electing the right candidate will fix everything that is wrong with this country.  

Incredible, isn’t it, that in a country of more than 330 million people, we are given only two choices for president? How is it that in a country teeming with creative, intelligent, productive, responsible, moral people, our vote too often comes down to pulling the lever for the lesser of two evils?

The system is rigged, of course.

It is a heavily scripted, tightly choreographed, star-studded, ratings-driven, mass-marketed, costly exercise in how to sell a product—in this case, a presidential candidate—to dazzled consumers who will choose image over substance almost every time.

As author Noam Chomsky rightly observed, “It is important to bear in mind that political campaigns are designed by the same people who sell toothpaste and cars.”

In other words, we’re being sold a carefully crafted product by a monied elite who are masters in the art of making the public believe that they need exactly what is being sold to them, whether it’s the latest high-tech gadget, the hottest toy, or the most charismatic politician.

This year’s presidential election, much like every other election in recent years, is what historian Daniel Boorstin referred to as a “pseudo-event”: manufactured, contrived, confected and devoid of any intrinsic value save the value of being advertised.

After all, who wants to talk about police shootings, SWAT team raids, asset forfeiture schemes, private prisons, school-to-prison pipelines, overcriminalization, censorship or any of the other evils that plague our nation when you can tune into a reality show carefully calibrated to appeal to the public’s need for bread and circuses, diversion and entertainment, and pomp and circumstance.

But make no mistake: Americans only think they’re choosing the next president.

In truth, however, they’re engaging in the illusion of participation culminating in the reassurance ritual of voting. It’s just another Blue Pill, a manufactured reality conjured up by the matrix in order to keep the populace compliant and convinced that their vote counts and that they still have some influence over the political process.

It’s all an illusion.

The nation is drowning in debt, crippled by a slowing economy, overrun by militarized police, swarming with surveillance, besieged by endless wars and a military industrial complex intent on starting new ones, and riddled with corrupt politicians at every level of government.

All the while, we’re arguing over which corporate puppet will be given the honor of stealing our money, invading our privacy, abusing our trust, undermining our freedoms, and shackling us with debt and misery for years to come.

Nothing taking place on Election Day will alleviate the suffering of the American people.

Unless we do something more than vote, the government as we have come to know it—corrupt, bloated and controlled by big-money corporations, lobbyists and special interest groups—will remain unchanged. And “we the people”—overtaxed, overpoliced, overburdened by big government, underrepresented by those who should speak for us and blissfully ignorant of the prison walls closing in on us—will continue to trudge along a path of misery.

With roughly 22 lobbyists per Congressman, corporate greed will continue to call the shots in the nation’s capital, while our so-called representatives will grow richer and the people poorer. And elections will continue to be driven by war chests and corporate benefactors rather than such values as honesty, integrity and public service.

Just consider: while billions will be spent on the elections this year, not a dime of that money will actually help the average American in their day-to-day struggles to just get by.

Conveniently, politicians only seem to remember their constituents in the months leading up to an election, and yet “we the people” continue to take the abuse, the neglect, the corruption and the lies. We make excuses for the shoddy treatment, we cover up for them when they cheat on us, and we keep hoping that if we just stick with them long enough, eventually they’ll treat us right.

When a country spends billions of dollars to select what is, for all intents and purposes, a glorified homecoming king or queen to occupy the White House, while tens of millions of its people live in poverty, nearly 18 million Americans are out of work, and most of the country and its economy remain in a state of semi-lockdown due to COVID-19 restrictions, that’s a country whose priorities are out of step with the needs of its people.

Then again, people get the government they deserve.

No matter who wins the presidential election come November, it’s a sure bet that the losers will be the American people if all we’re prepared to do is vote.

As political science professor Gene Sharp notes in starker terms, “Dictators are not in the business of allowing elections that could remove them from their thrones.”

To put it another way, the Establishment—the shadow government and its corporate partners that really run the show, pull the strings and dictate the policies, no matter who occupies the Oval Office—are not going to allow anyone to take office who will unravel their power structures. Those who have attempted to do so in the past have been effectively put out of commission.

So what is the solution to this blatant display of imperial elitism disguising itself as a populist exercise in representative government?

Stop playing the game. Stop supporting the system. Stop defending the insanity. Just stop.

Washington thrives on money, so stop giving them your money. Stop throwing your hard-earned dollars away on politicians and Super PACs who view you as nothing more than a means to an end. There are countless worthy grassroots organizations and nonprofits working in your community to address real needs like injustice, poverty, homelessness, etc. Support them and you’ll see change you really can believe in in your own backyard.

Politicians depend on votes, so stop giving them your vote unless they have a proven track record of listening to their constituents, abiding by their wishes and working hard to earn and keep their trust.

It’s comforting to believe that your vote matters, but Franklin Delano Roosevelt was right: “Presidents are selected, not elected.”

Despite what is taught in school and the propaganda that is peddled by the media, a presidential election is not a populist election for a representative. Rather, it’s a gathering of shareholders to select the next CEO, a fact reinforced by the nation’s archaic electoral college system. In other words, your vote doesn’t elect a president. Despite the fact that there are 218 million eligible voters in this country (only half of whom actually vote), it is the electoral college, made up of 538 individuals handpicked by the candidates’ respective parties, that actually selects the next president.

The only thing you’re accomplishing by taking part in the “reassurance ritual” of voting is sustaining the illusion that we have a democratic republic.

In actuality, we are suffering from what political scientists Martin Gilens and Benjamin Page more accurately term an “economic élite domination” in which the economic elite (lobbyists, corporations, monied special interest groups) dominate and dictate national policy.

No surprise there.

As an in-depth Princeton University study confirms, democracy has been replaced by oligarchy, a system of government in which elected officials represent the interests of the rich and powerful rather than the average citizen.

We did it to ourselves.

We said nothing while our elections were turned into popularity contests populated by individuals better suited to be talk-show hosts rather than intelligent, reasoned debates on issues of domestic and foreign policy by individuals with solid experience, proven track records and tested integrity.

We turned our backs on things like wisdom, sound judgment, morality and truth, shrugging them off as old-fashioned, only to find ourselves saddled with lying politicians incapable of making fair and impartial decisions.

We let ourselves be persuaded that those yokels in Washington could do a better job of running this country than we could. It’s not a new problem. As former Senator Joseph S. Clark Jr. acknowledged in a 1955 article titled, “Wanted: Better Politicians”: “[W]e have too much mediocrity in the business of running the government of the country, and it troubles me that this should be so at a time of such complexity and crisis… Government by amateurs, semi-pros, and minor-leaguers will not meet the challenge of our times. We must realize that it takes great competence to run a country which, in spite of itself, has succeeded to world leadership in a time of deadly peril.”

We indulged our craving for entertainment news at the expense of our need for balanced reporting by a news media committed to asking the hard questions of government officials. The result, as former congressman Jim Leach points out, leaves us at a grave disadvantage: “At a time when in-depth analysis of the issues of the day has never been more important, quality journalism has been jeopardized by financial considerations and undercut by purveyors of ideology who facilely design news, like clothes, to appeal to a market segment.”

We bought into the fairytale that politicians are saviors, capable of fixing what’s wrong with our communities and our lives, when in fact, most politicians lead such sheltered lives that they have no clue about what their constituents must do to make ends meet. As political scientists Morris Fiorina and Samuel Abrams conclude, “In America today, there is a disconnect between an unrepresentative political class and the citizenry it purports to represent. The political process today not only is less representative than it was a generation ago and less supported by the citizenry, but the outcomes of that process are at a minimum no better.”

We let ourselves be saddled with a two-party system and fooled into believing that there’s a difference between the Republicans and Democrats, when in fact, the two parties are exactly the same. As one commentator noted, both parties support endless war, engage in out-of-control spending, ignore the citizenry’s basic rights, have no respect for the rule of law, are bought and paid for by the corporate elite, care most about their own power, and have a long record of expanding government and shrinking liberty.

Then, when faced with the prospect of voting for the lesser of two evils, many simply compromise their principles and overlook the fact that the lesser of two evils is still evil.

Perhaps worst of all, we allowed the cynicism of our age and the cronyism and corruption of Washington, DC, to discourage us from believing that there was any hope for the American experiment in liberty.

Granted, it’s easy to become discouraged about the state of our nation. We’re drowning under the weight of too much debt, too many wars, too much power in the hands of a centralized government, too many militarized police, too many laws, too many lobbyists, and generally too much bad news.

It’s harder to believe that change is possible, that the system can be reformed, that politicians can be principled, that courts can be just, that good can overcome evil, and that freedom will prevail.

Yet I truly believe that change is possible, that the system can be reformed, that politicians can be principled, that courts can be just, that good can overcome evil, and that freedom can prevail but it will take each and every one of us committed to doing the hard work of citizenship that extends beyond the act of voting.

A healthy, representative government is hard work. It takes a citizenry that is informed about the issues, educated about how the government operates, and willing to make the sacrifices necessary to stay involved.

Most of all, it takes a citizenry willing to do more than grouse and complain.

The powers-that-be want us to believe that our job as citizens begins and ends on Election Day. They want us to believe that we have no right to complain about the state of the nation unless we’ve cast our vote one way or the other. They want us to remain divided over politics, hostile to those with whom we disagree politically, and intolerant of anyone or anything whose solutions to what ails this country differ from our own.

What they don’t want us doing is presenting a united front in order to reject the pathetic excuse for government that is being fobbed off on us.

So where does that leave us?

We’d better stop hanging our hopes on a political savior to rescue us from the clutches of an imperial president.

It’s possible that the next president might be better, but then again, he or she could be far worse.

Remember, presidential elections merely serve to maintain the status quo. Once elected president, that person becomes part of the dictatorial continuum that is the American imperial presidency today.

If we are to return to a constitutional presidency, “we the people” must recalibrate the balance of power.

The first step is to start locally—in your own communities, in your schools, at your city council meetings, in newspaper editorials, at protests—by pushing back against laws that are unjust, police departments that overreach, politicians that don’t listen to their constituents, and a system of government that grows more tyrannical by the day.

As I make clear in my book Battlefield America: The War on the American People, the only thing that will save us now is a concerted, collective commitment to the Constitution’s principles of limited government, a system of checks and balances, and a recognition that they—the president, Congress, the courts, the military, the police, the technocrats and plutocrats and bureaucrats—answer to and are accountable to “we the people.”

This will mean that Americans will have to stop letting their personal politics and party allegiances blind them to government misconduct and power grabs. It will mean holding all three branches of government accountable to the Constitution (i.e., vote them out of office if they abuse their powers). And it will mean calling on Congress to put an end to the use of presidential executive orders, decrees, memorandums, proclamations, national security directives and legislative signing statements as a means of getting around Congress and the courts.

As historian Arthur Schlesinger Jr. concludes:

I would argue that what the country needs today is a little serious disrespect for the office of the presidency; a refusal to give any more weight to a President's words than the intelligence of the utterance, if spoken by anyone else, would command… If the nation wants to work its way back to a constitutional presidency, there is only one way to begin. That is by showing Presidents that, when their closest associates place themselves above the law and the Constitution, such transgressions will be not forgiven or forgotten for the sake of the presidency but exposed and punished for the sake of the presidency.”

In other words, we’ve got to stop treating the president like a god and start making both the office of the president and the occupant play by the rules of the Constitution.