Saturday, January 30, 2021

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https://www.oftwominds.com/blogjan21/democratizing-speculation1-21.html

The Democratization / Demonization of Speculation

Gamed speculation--using knowledge of how markets can be pushed to profit those doing the pushing--has long been decried. Declaring that the unproductive profiteering of greedy speculators will be the death of the Republic goes back to Rome, and in American history, to Alexander Hamilton's battle in 1791 to pay the speculators who had bought up the new nation's war bonds for pennies on the dollar full value plus interest.

Gamed speculation--and the cheery presumption that there will always be a liquid market of chumps willing to buy insiders' pumped-up balloons--inflate and pop bubbles, with devastating consequences not just for the broken speculators but for conventional investors who naively believed "the market" was in fact a market (smirk) rather than a mechanism to enrich those who have the capital and knowledge to engineer profiteering behind the curtain. (Please see the still from The Wizard of Oz below.)

An interesting intersection of dynamics has led to the curtain being ripped aside by the democratized speculations of WallStreetBets, a crowdsourced pool of speculative capital which shares many characteristics with online gaming and live-action role playing (LARP) only the gains and losses are in real dollars (the fortunes made and lost in GameStop (GME) are very real indeed).

Wall Street and the politicos who profiteer as insiders are naturally horrified by both developments:

1. That the curtain of how super-wealthy insiders and their only the wealthy can play entities such as hedge funds have manipulated markets behind the curtain for decades, leading to an unprecedented economic inequality in which the top 10% skim fully 97% of all income from capital. To have their game hijacked by a bunch of young gamers is beyond appalling to the New Nobility, who firmly believe their insider manipulations were the exclusive preserve of their crowd in the castle.

(Recall that ours is a thoroughly Neofeudal Economy, with a New Nobility of financiers, Big Tech monopolists, et al. who own the vast majority of capital and political power, and a restive mass of commoners holding either no capital or phantom capital that will dissipate into thin air in the next financial upheaval.

2. Not only are the mechanisms of manipulation now visible to all, an unruly rabble of commoners has ganged together to play their own version of the speculative game of skimming staggering profits from a rigged "market." How dare they!

No wonder the skimmers and scammers and political refuse that passes for "leadership" in today's America are shocked, shocked by the open and openly gleeful democratized speculation that (like cryptocurrencies) is enriching the wrong people, i.e. commoners. It's as if the debt-serfs, tax donkeys and decapitalized peasants stormed the castle at night and broke open the jewel box and the stash of champagne, and proceeded to swing from the chandeliers, mocking the self-serving privileged who'd been pillaging the nation for decades via their legalized looting.

Mark, Jesse and I discuss these developments in our latest Salon podcast:

AxisOfEasy Salon #36: Democratizing Stonk Market Manipulation (1:03 hrs)

Where do these developments lead? An interesting question. Unfortunately for Wall Street insiders and their political-scum apologists, we can't unsee the levers behind the curtain. The insiders can't put their legalized looting genie back in the bottle, for everyone has seen how "markets" are manipulated to enrich those pulling the levers.

If the political-scum apologists want to end democratized speculation, they're going to face blowback when they try to protect the rights of the New Nobility to continue manipulating markets to their exclusive advantage. The rage against the New Nobility's lock on capital, rigged markets and 97% of all the income generated by capital has been simmering to a boil, and political-scum apologists had best tread carefully.

How do you unrig a rigged speculative market? You don't. It simply crashes into a putrid sinkhole. Phantom capital vanishes into the thin air from whence it came. Ponder the similarities of the Cisco Systems speculative frenzy in 2000 and Tesla's speculative frenzy in 2020.

Dang, the levers of the machinery behind the curtain just broke. 

....

https://stephenlendman.org/2021/01/biden-harris-promoting-sickness-and-deaths/

Biden/Harris Promoting Sickness and Deaths

Biden’s proposed stimulus plan is top-heavy with billions of dollars for hazardous to health mass-vaxxing and corporate handouts.

He plans a “major expansion of” mass-vaxxing, the NYT reported.

The Washington Post noted that he called for $400 billion for covid mass-vaxxing.

It’s more than that I explained in a same-day article.

He wants $350 billion for states and local communities for mass-vaxxing their residents.

Another $170 billion for K12 and higher education isn’t for teaching and learning. It’s largely for mass-vaxxing students and staff.

He proposed $50 billion for PCR tests that are not designed for detecting viral infections and don’t work when used for this purpose.

They’re tools of mass deception, not for diagnosing disease.

Another $20 billion in the Biden stimulus plan is for what appears to be the largest ever mass promoted public health propaganda campaign. 

If works as planned, it’ll likely harm millions of Americans from hazardous to heath toxins jabbed into them by covid vaccines if taken.

Biden/Harris, Pharma, the Times, WaPo and other major media are pushing sickness and deaths if able to convince enough Americans to be vaxxed with what no one valuing their health and well-being should touch.

Biden’s proposed plan has nothing to do with combatting covid as he, the Times and other major media claimed.

It has everything to do with promoting harm to human health after seasonal flu/influenza was renamed covid last year and all the pre-planned horrors that followed that will likely worsen this year and beyond.

WaPo reported that what Biden/Harris have in mind “far outstrips the funding Congress devoted to (promoting mass-vaxxing nationwide in last year’s) stimulus package” as well as sums that House (Dems) unsuccessfully sought. 

He has a reverse Marshall Plan in mind related to harming health, not protecting it.

On Wednesday, Moderna CEO Stephane Bancel said covid “is not going away.”

“We are going to live with this virus…forever.”

He’s pushing mass-vaxxing. What he, Big Parma overall, and US anti-public health officials have in mind is far more than one or two jabs.

Annual flu shots differ each year because viruses mutate so new formulas are developed for flu vaccines.

Covid IS flu. Forever mass-vaxxing is planned. 

The more jabs taken, the more potential harm to health, the higher the risk of developing one or more serious illnesses in the near-or-longer-term that in some cases will be deadly.

Biden/Harris and Congress are in cahoots with Pharma.

The more people mass-vaxxed forever, the greater the profit potential for Moderna, Pfizer and other drug companies that market covid vaccines ahead.

The same is true for large hospital chains. The more people are vaxxed, the greater the spread of illnesses and hospitalizations.

What Biden/Harris want in congressional legislation for mass-vaxxing is polar opposite promoting health and well-being.

In cahoots with Pharma, dark forces in Washington, and their Western counterparts, establishment media are pushing drugs that risk serious illness and deaths when taken as directed.

Biden/Harris are greasing the wheel for this diabolical plan by calling for tens of billions of dollars to force-feed it to Americans and others abroad.

The plan includes issuing digital vaccine passports in development, without which access to work, school and other public places may be denied.

A so-called Vaccination Credential Initiative (VCI) was established that includes Microsoft, Oracle, the Mayo Clinic, Rockefeller Foundation, likely Bill Gates, and other stakeholders in the project to create what’s called a “trustworthy, traceable, verifiable, and universally recognized digital record of vaccination status.”

The goal is to push voluntary submission to covid vaxxing.

If not successful enough, it may be mandated for free movement publicly.

What’s going on is more diabolical than what Orwell and Huxley imagined.

Unless willing to play Russian roulette with our health, well-being and lives, perhaps indefinite house arrest or worse is coming for non-compliers. 

According to a VCI statement”

“We are kicking off the most significant vaccination effort in the history of the United States,” adding:

“Now more than ever, individuals need access to their own vaccination and health information in a portable format to begin to move about the country safely and comfortably (sic).”

Last year was likely a test run to learn how much dark forces can compel ordinary people to put up with.

What’s coming will likely be much more than what’s gone on up to now.

 


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