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Thursday, January 7, 2021

"The American Restoration"

"The American Restoration"
by Tim “xrugger” Stebbins

"Let us assume for a moment that the war is over. Let us further assume that the Restoration has begun. The bloated corpses of erstwhile plutocrats, communists, and other leftist rabble festoon the lampposts of the nation. The deep state has been unearthed. The leadership imprisoned, shot, or on the run. Vast swaths of urban American lie in smoking ruins, including large parts of Washington D.C. The flotsam and jetsam of war,  the bloody detritus of internecine conflict, sloshes across the continent. The political landscape is irrevocably altered.

Should such a horrific vision come to pass, we would do well to be certain of the reasons we chose to fight. That brings us back to the here and now. The purpose of this essay is to lay out, as I see it, the broader vision of why we must fight. Perhaps a second part will serve to explore the details of what comes after. Make of these words what you will. I have finished my gut check and await now, with calm spirit, the coming storm.

Why We Must Fight: For what will we fight? Will we shed blood to maintain a status quo that has become intolerable? Is that the extent of our vision? Will we fight simply to maintain and uphold a system of government that is orders of magnitude more intrusive, overbearing, and dangerous than the monarchical irritations of George III? The revolutionaries of 1776 found sufficient cause to fight an eight year war over offences to human liberty that seem quaint compared to the egregious usurpations perpetrated by that festering pustule of tyranny astride the Potomac. That city, whose existence has become an affront to the character of the man for which it is named, is merely the brick and mortar manifestation of a twisted political ethos that has brought this once great nation to the abyss.

If we would make this fight, it is incumbent upon us to make known, both to ourselves and to our enemies, why we freely choose to enter into the chaos that lies before us. Patrick Henry urged the fight upon his compatriots because, as he made clear, “Our brethren are already in the field! Why stand we here idle? What is it that gentlemen wish? What would they have? Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery?”

With all its uncertainties, vicissitudes, and potential for utter disaster, the fight is as squarely before us as it was before them. My friends, it is not our brethren who are already in the field. It is our enemies. The ground must be contested now, lest the martinets now ascendant bury themselves like ticks in the necks of every free man and woman left in the nation, and like ticks, they will suck the lifeblood from every productive person and enterprise in this land. It is already being done.

Questions: A Rubicon of blood lies before us. Let us be clear then, why we choose to set foot in such a torrent. We cannot flee to some distant horizon as our ancestors could. The cancer of despotism metastasizes all around us. There is nowhere left to run. The days when one could live a lifetime barely aware of the existence of the central power are long behind us.

What new edifice will we erect on the rubble of what will, most assuredly, be destroyed? To what purpose will we commit our lives, fortunes, and sacred honor? Further, since the purpose of war is to make the other fellow die for his cause, for what purpose are we willing to destroy the lives and property of our enemies? To what end will we starve and dispossess his children and his wife? What will we build upon the ruins of his home? As deluded as they may be, our enemies are still human beings. They will bleed and die, as we will. Their homes will burn, as will ours. Make no mistake, a choice for war entails the full use of all its tools and will manifest all the ugly attributes of which fallen human nature is capable. There will be wanton cruelty and wholesale destruction on a scale barely imaginable to modern American sensibilities. Nevertheless, the alternative is worse.

What We Face: The central power now seeks to combine (in fact is already combining) with corporate technocracy, financial oligarchy, and scientific tyranny. It now reaches into every corner of the nation. It has thrown down every barrier erected against it. It now turns its malignant gaze on what remains of our liberties. It is not Yeats’ “rough beast” that now “slouches towards Bethlehem to be born.” It is a gleaming artifice of techno-tyranny, a gross parody of the human form now gliding silently, with deadly intent, toward the Cradle of Liberty.

The issues at stake are more than existential. They are profound beyond the reach of human language to describe. They are elements of the eternal struggle of men to wring from the world and its would-be masters that degree of freedom, without which, man remains little more than a beast of burden. The scales of human history weigh heavily on the side of tyranny over the lives and fortunes of men. The American Revolution gave our forebears the chance to balance those scales and so they did, at least for a time. An American Restoration can recover what has been lost and redress the imbalance being forced upon us by the perennial and unrelenting enemies of ordered liberty.

What Must Be Done: Half measures will not suffice. Large parts of the central power require thorough dismantling. The body politic of this nation will return to health and vigor only when the accretions of a century of “progressive” policy are scraped away, and the suppurating boils of leftist ideology are lanced and their noisome infection drained. As for the droves of government drones left jobless in the wake of the Restoration…well, they have lived off the creative energies of others long enough. Let them find their own way in the world as every other self-respecting American does.

The paramount purpose of this fight must not be to simply reign in the excesses of despotism, or tinker at the edges of tyranny. The federal power is not simply an unruly bush to be pruned and shaped. It is a monster that must be permanently disarticulated. Leviathan must be thrown down, disemboweled, castrated, decapitated, and hurled into the abyss.

The organs of authority in a restored America must be made to understand that their position is, and ever will be, one of subservience to the natural rights and liberties of the American people. I care not a whit for what the rest of the world may choose to do in this degenerate age, but within the borders of this land, liberty must be reborn and all that would inhibit its flowering must be extirpated forever from its governance. Such a weight of chains should be loaded onto any new government that it will never again be a threat to the life, liberty, or happiness of the American people. Let the rest of the world know that on the American continent, if in no other place, the proper place of the state is not riding the backs of free men. Its proper position is prostrate at their feet.

A Promise and a Warning: Perhaps one day, when Yeats’  “blood-dimmed tide” has receded, and the Restoration is accomplished, a wiser nation might give some thought to an endeavor of a different sort. In my mind’s eye, I see a new Lady Liberty in the harbor. In her right hand, she holds aloft the familiar light of liberty, a promise to all those seeking freedom with stout heart and generous spirit.

But there is something new. On her head, no crown rests, and her left arm cradles no book. Instead, upon her brow, she wears the helmet of a Spartan hoplite. She grips in her left hand a spear inclined toward the sea. On its point is fixed the head of tyranny: vanquished, slack-jawed, and blank-eyed. Upon its forehead are carved, in jagged script, words of warning to all those who would come to these shores seeking to enfetter the spirit of liberty and trample upon the God-given rights of free men…”Thus Always to Tyrants.”
"Civil War In America- Who Would Win?"
Highest recommendation!
This seems tragically inevitable. 
Look at us! You just know we''ll do it, too...
"Battle Cry of Freedom"
From "The Civil War", by Ken Burns

"The Ideal Subject..."

"The ideal subject of totalitarian rule is not the convinced 
Nazi or the dedicated communist, but people for whom the 
distinction between fact and fiction, true and false, no longer exists.” 
- Hannah Arendt 

"Questions About The Chaos At The Capitol That Desperately Need To Be Answered"

"Questions About The Chaos At The Capitol 
That Desperately Need To Be Answered"
by Michael Snyder

"Like most Americans, I was absolutely horrified by the violence that I watched at the U.S. Capitol on Wednesday. But I had a difficult time trying to understand what I was witnessing. Trump supporters are almost always extremely peaceful, but many of those that were storming the Capitol were being very violent. That didn’t make sense to me. And how in the world did protesters get into the U.S. Capitol in the first place?

Well, it turns out that police actually opened up the barricades that were surrounding the U.S. Capitol and purposely allowed protesters to storm the building. You can see this on video right here:
Police opened gates and offered them in ๐Ÿ˜ก
pic.twitter.com/cFJmIekwzR
— Still Vigilant Grandma ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ—ฝ (@midlifewomanon1) January 6, 2021

I have never seen anything like that in my entire life. And once they were inside the building, they were herded toward particular areas. For example, you can watch one “guard” actually lead protesters up several flights of stairs right here

Psyop. Look at the photographers while going up the stairs and at the end. The officer is leading them where to go and gives the guy a little nudge and says “they’re here” when at the 2nd floor and officers just walk up and say “leave”. Paid crisis actors to look like agitators:
— Sage+Honey๐ŸŒฑ (@sageandhoney_) January 7, 2021

Either the U.S. Congress has the worst security personnel that any of us have ever seen, or this was allowed to happen on purpose. And there are multiple reports that Antifa activists were brought in by bus. In fact, one patriot actually recorded video of the Antifa buses that were brought into the heart of Washington D.C. with an escort:

Pantifa was bussed in. 
pic.twitter.com/lRL9vKYlRe
— Art TakingBack ๐Ÿ‡บ๐Ÿ‡ธ (@ArtValley818_) January 6, 2021

So who arranged for those Antifa buses to have that sort of an escort? It is almost as if someone was extremely determined to get those Antifa activists to their location so that they could do their job. Once they got inside the Capitol, the Antifa activists could have done a much better job of disguising themselves. In fact, one has already been positively identified as a member of Philly Antifa:
If he wanted to pass as a “Trump supporter”, he probably should have covered up the hammer and sickle that are tattooed on the back of his hand:
Perhaps the most famous “protester” from the chaos on Wednesday is “the guy with the Viking horns”. Well, it turns out that he was photographed at a BLM rally in Arizona wearing the exact same outfit back in June:

AZ BLM rally in June, DC Capital in January 
pic.twitter.com/YGxIj1DANK
— Cari Kelemen (@KelemenCari) January 6, 2021

And he was also photographed at a “climate activism” event in 2019; Trump supporters don't usually attend "climate activism" events. The guy is an actor. Who knows what side he's on? pic.twitter.com/jE1aXQgH4b
— Cari Kelemen (@KelemenCari) January 6, 2021

Apparently his name is Jake Angeli and he is a “shamanic practitioner”. But on Wednesday he was posing as a hardcore Trump supporter. So why can’t the mainstream media put any of these pieces together? It shouldn’t take too much detective work to identify a lot of these people. So why won’t they do it?

And did you notice that the police let the vast majority of the “protesters” go without arresting them once it was all over? The mainstream media is insisting that “they will be arrested later”, but a lot of people aren’t buying that. All of this just seems very odd to me.

Just as a debate about the evidence of election irregularities was about to begin in the halls of Congress, these riots conveniently broke out. Members of Congress were quickly evacuated, and the millions of Americans that were watching never got to see an honest debate about the 2020 election. When proceedings finally resumed, the entire atmosphere had completely changed, and all of a sudden hardly anyone was interested in debating whether the election results were legitimate or not.

So who actually benefitted from the riots? Also, it is important to note that these riots have dealt a severe blow to any political future that President Trump hoped to have.So with one stone, activists have neutered the debate over the legitimacy of the election and they have devastated the Trump movement as well. It appears that someone really was playing “3D chess”, and it wasn’t Trump and his supporters.

And this is just the beginning. As I keep warning, the radical left will never be satisfied until they accomplish all of their goals. Electing Joe Biden was just a way to get rid of Trump. The radical left actually doesn’t like Biden either, and they will fight him bitterly if Biden does not go along with their full agenda. In the end, what they want is a full-blown “revolution” in this country. And as we witnessed on Wednesday, they will go to extreme lengths in order to get what they want."

"Economic Market Snapshot AM 1/7/21"

"Economic Market Snapshot AM 1/7/21"
"Capitalism is the astounding belief that the most wickedest of men will
do the most wickedest of things for the greatest good of everyone."
- John Maynard Keynes
"Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!
Gregory Mannarino, AM 1/7/21:
"Updates! ECONOMY IN FREE FALL. 
Bitcoin over $38K Stock Market Going Higher"
"The more I see of the monied classes, 
the better I understand the guillotine."
- George Bernard Shaw
MarketWatch Market Summary, Live Updates

CNN Market Data:

CNN Fear And Greed Index:

"Not Much Mental Distance..."

"A man who has blown all his options can't afford the luxury of changing his ways. He has to capitalize on whatever he has left, and he can't afford to admit - no matter how often he's reminded of it - that every day of his life takes him farther and farther down a blind alley. Very few toads in this world are Prince Charmings in disguise. Most are simply toads, and they are going to stay that way. Toads don't make laws or change any basic structures, but one or two rooty insights can work powerful changes in the way they get through life. A toad who believes he got a raw deal before he even knew who was dealing will usually be sympathetic to the mean, vindictive ignorance that colors the Hell's Angels' view of humanity. There is not much mental distance between a feeling of having been screwed and the ethic of total retaliation, or at least the random revenge that comes with outraging the public decency."
- Hunter S. Thompson

"How It Really Is"


"Covid-19 Pandemic Updates 1/7/21"

"Covid-19 Pandemic Updates 1/7/21"


 Jan. 7, 2021 12:11 AM ET: 
The coronavirus pandemic has sickened more than 87,249,200 
people, according to official counts, including 21,409,446 Americans.
Globally at least 1,882,300 have died.

"The COVID Tracking Project"
Every day, our volunteers compile the latest numbers on tests, cases, 
hospitalizations, and patient outcomes from every US state and territory.
https://covidtracking.com/

"I Understand..."

  
"I understand that fear is my friend, but not always. Never turn your back on Fear. It should always be in front of you, like a thing that might have to be killed. My father taught me that, along with a few other things that have kept my life interesting." 
- Hunter S. Thompson

"The Coming War on Wealth and the Wealthy"

"The Coming War on Wealth and the Wealthy"
by Charles Hugh Smith

"The problem with pushing a pendulum to its maximum extreme on one end is that it will swing back to the other extreme minus a tiny bit of friction. America has pushed wealth/income inequality, unfairness and legalized looting to the maximum extreme. Now it will experience the swing back to the other extreme. This will manifest in a number of ways, one of which is a self-organizing populist war on wealth and the wealthy.

To say the system is rigged to benefit the already-wealthy and powerful is a gross understatement. Take the tax code as an example - thousands of pages of arcane tax breaks and giveaways passed by a thoroughly corrupted Congress and thousands more pages of arcane regulations and legal precedents.

How many pages apply to the bottom 95% of American taxpayers? Very few. There's the standard deductions for mortgage interest, healthcare costs, etc., but virtually no other tax breaks. Very few pages apply to even the 99% - go talk to a CPA and you'll find there are no more tax breaks for a sole proprietor making $500,000 in earned income than than there are for a sole proprietor making $50,000.

99.9% of the tax code benefits the top 0.1% and the corporations, LLCs and philanthro-capitalist foundations and trusts they own/control. Stripped of artifice and spin, America's tax code is nothing but legalized looting. This is only one small slice of the entire pie of legalized looting, of course, but it's one we can all understand.

A sole proprietor pays 15.3% in Social Security and Medicare taxes. Why don't America's billionaires pay 15.3% in Social Security and Medicare taxes? Aren't Social Security and Medicare/Medicaid the bedrock social safety net programs of the American people? Then why does a struggling sole proprietor pay 15.3% tax to support these essential programs and billionaires pay essentially zero?

There's a term for this disparity/injustice/unfairness: legalized looting. The super-wealthy pay essentially zero percent of their income and wealth to the programs that provide basic economic security for the disabled/elderly citizenry, while Jose the sole proprietor pays 15.3% of every dollar he earns.

So explain to us again why Mr. Buffett can't afford to pay 15.3% of every dollar of his income to help fund basic economic security for the disabled/elderly. In a system of even the most basic fairness, every dollar of income would be taxed at the same rate. In a system of even the most basic fairness, those with incomes of $100 million would pay the same 15.3% Social Security and Medicare tax as the sole proprietor earning $100,000. Needless to say, if this most basic fairness was applied to America's wealthy and powerful, these programs would not be facing insolvency.

If Joe the sole proprietor hits the bigtime, he pays 32% federal tax over $165,000, 35% over $210,000 and 37% over $524,000. If we add 15.3% to 37%, we get 52.3%. How many of America's super-wealthy / billionaires pay 52% in Social Security-Medicare and income taxes? Zero.

Could America's super-wealthy/billionaires afford to pay 52%? Of course they could - they own the majority of all financial assets and skim the majority of all income. But they won't, because the system is rigged to benefit the few at the expense of the many via legalized looting.

It isn't just the inequality of ownership of capital and power that enrages the oppressed; it's the blatant unfairness of our neofeudal/neocolonial system. As I explained in "Neofeudalism and the Neocolonial-Financialization Model" (May 24, 2012) and "Welcome to Neocolonialism, Exploited Peasants!" (October 21, 2016), the Financial Nobility have "come home" and applied the same rapacious exploitation they perfected in colonialism to the domestic populace.

Here's looking at you, Federal Reserve - thanks for perfecting legalized looting and neofeudalism in America.

The gulf between the lavishly praised American ideals and the putrid, corrupt reality of America's neofeudal system is wider than the Grand Canyon. As the pendulum accelerates to an extreme equal but opposite to the current extremes of unfairness, exploitation and legalized looting, those who have suffered the consequences of this systemic inequality will find expression in whatever ways are available.

Since it's difficult to get to the protected compounds of the super-wealthy, the signifiers of the merely wealthy will offer readily available targets. The new Tesla won't just get keyed; it will be "reworked," to the great satisfaction of the "workers."

Please note that I am not promoting a war on wealth and the wealthy, I am merely pointing out that it is as inevitable as the gravity pulling the pendulum. The war on wealth and the wealthy will manifest politically, socially and economically. It won't be a tightly controlled, top-down movement. It will be spontaneous, self-organizing and unquenchable."

Wednesday, January 6, 2021

“Stock Market Going Into Hyperdrive; Assets Will Be Destroyed; Central Bank Has No Exit Strategy”

Jeremiah Babe, 1/6/21: 
“Stock Market Going Into Hyperdrive; 
Assets Will Be Destroyed; Central Bank Has No Exit Strategy”
Other updates:

"A Perfect Storm Is Brewing: Experts Are Warning That The Stock Market Could Crash Dramatically"

"A Perfect Storm Is Brewing: Experts Are Warning 
That The Stock Market Could Crash Dramatically"
by Epic Economist

"Experts have been warning that the stock market could be set for an extraordinary crash in case of a favorable result for Democrats, since it would probably scare investors away and prompt a major sell-off, which could then lead to another dramatic stock market crash , and put an end to the era of incredibly overvalued assets, finally popping the stock bubble. That's what we're going to examine in this video. 

The Georgia Senate runoff will be decisive for what happens next in both Main Street and Wall Street. Republican David Perdue is taking on Democratic challenger Jon Ossoff, while Republican Kelly Loeffler faced Democratic candidate Raphael Warnock. Now, Democrats are counting on Ossoff to win, so that the Senate would have a 50-50 split, meaning that Vice President-elect Kamala Harris would have the crucial deciding vote that could push through Biden's priorities as soon as he takes office. 

The results are expected to have enormous impacts on the financial markets. If Democrats win both of the seats, they will effectively have control over the U.S. Senate, the House of Representatives, and the White House. That is to say, for the first time since the Obama's administration, the Democrats would have an opportunity to advance their agenda without compromising with the Republicans.

Yesterday, the day voters in Georgia headed to the polls, former Trump senior economic adviser Steve Moore argued in an interview that a Democratic sweep could drive the Dow Jones Industrial Average to decline by 1,000 points. According to Oppenheimer chief investment strategist John Stoltzfus, a blue win could trigger a stock market sell-off of up to 10%. He alerted that it could cause the U.S. broad equity market to experience a downdraft of anywhere between 6% and 10%. 

For the past four years, big corporations and large conglomerates were thrilled by Trump’s tax cuts, but Biden has repeatedly stated throughout his campaign that he had plans to roll back Trump’s Tax Cuts. A Democratic victory would also mean the incoming president would have more flexibility to implement other plans of his agenda, including the expansion of the payroll tax for Social Security, new tax credits, and fewer deductions, as well as another round of massive government spending. Needless to say, all of these changes won't be appreciated by investors.

At the moment, what we do know is that Democrat Raphael Warnock has already guaranteed his Senate seat after defeating incumbent Republican Senator Kelly Loeffler. With so much on the line, the level of spending on both runoffs has been unprecedented. Advertising Analytics data pointed out that nearly $404 million was spent on advertising in the Perdue-Ossoff race, making it the most expensive Senate race ever recorded. 

As for the stock market, at this point, the main concern surrounding a blue wave is that very soon more fiscal spending could be launched, therefore, Fed rates would surge faster than expected, which would resonate in the amount of easing and in the strength of the dollar. The election result could be the trigger event that would pop the enormously-inflated market bubble, but at this stage of the crisis, stock prices have been at such absurdly inflated levels for so long, that it wouldn't take much for us to be witnessing a catastrophic collapse. We have never experienced before a market that is so perfectly primed for a meltdown. It's just impossible to sustain the current valuations for much longer, and several market watchers have been signaling a sharp stock market crash in the coming weeks or months.

As the race remains close, and there are no evident odds of who is ultimately going to be the winner, our financial and economic future remains uncertain. For now, we keep on watching the next developments of the Georgia elections, as they can determine the destiny of our country. But we can't forget that many other pivotal events are about to be unfolded, and they are going to completely change the course of the United States history."

Musical Interlude: The Rolling Stones, "Sympathy For The Devil"

The Rolling Stones, "Sympathy For The Devil"
Full screen recommended!

As we slide into the Abyss...

"A Look to the Heavens"

"What's happening to this spiral galaxy? Just a few hundred million years ago, NGC 2936, the upper of the two large galaxies shown, was likely a normal spiral galaxy -- spinning, creating stars -- and minding its own business. But then it got too close to the massive elliptical galaxy NGC 2937 below and took a dive. Dubbed the Porpoise Galaxy for its iconic shape, NGC 2936 is not only being deflected but also being distorted by the close gravitational interaction. 
A burst of young blue stars forms the nose of the porpoise toward the right of the upper galaxy, while the center of the spiral appears as an eye. Alternatively, the galaxy pair, together known as Arp 142, look to some like a penguin protecting an egg. Either way, intricate dark dust lanes and bright blue star streams trail the troubled galaxy to the lower right. The featured re-processed image showing Arp 142 in unprecedented detail was taken by the Hubble Space Telescope last year. Arp 142 lies about 300 million light years away toward the constellation, coincidently, of the Water Snake (Hydra). In a billion years or so the two galaxies will likely merge into one larger galaxy."

"On Your Own Terms..."

“If the sun is shining, stand in it – yes, yes, yes. Happy times are great, but happy times pass – they have to – because time passes. The pursuit of happiness is more elusive; it is life-long, and it is not goal-centered. What you are pursuing is meaning – a meaningful life… There are times when it will go so wrong that you will be barely alive, and times when you realize that being barely alive, on your own terms, is better than living a bloated half-life on someone else’s terms.”
- Jeanette Winterson

Must Watch! Gregory Mannarino, "SITUATION CRITICAL: The US Capital Has Fallen"

Gregory Mannarino, PM 1/6/21:
"SITUATION CRITICAL: The US Capital Has Fallen"