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Sunday, March 27, 2022

"We’re All Americans Now"

(The view over the Tacuil vineyards, neighboring Bill’s farm in Gualfin)
"The End of the Road"
by Joel Bowman

Buenos Aires, Argentina - "Welcome to another Sunday Sesh! As faithful (and unfaithful) readers of these pages well know, this is the time of the week we ordinarily dedicate to heaping scorn and mockery on those public figures most deserving of it. But today... something a little different.

Rather than spending this past week hunched over our laptop, scrolling through vexing headlines, “circling back” through inane White House press minutes and pontificating over the end of the world as we know it, your editor unplugged completely and headed instead to the end of the road... literally.

Gualfin, Bill Bonner’s vast estancia, lies high in the northernmost reaches of Argentina, in the remote Salta province, bordering Bolivia and Paraguay (to the north) and Chile (to the west). Its mountains are rugged... its Malbec grapes, potent... its internet connectivity, mercifully unreliable. Driving from one property to the next, between extreme altitude vineyards, often hours apart, we barely had time to open our laptop. It’s amazing what a little digital downtime, coupled with some lively conversation with our gracious hosts and some good ol’ fashioned oxygen deprivation, can do to clear the cluttered mind.

So if today’s essay comes across as uncharacteristically optimistic, a tad sanguine even, or just plain light-headed, please forgive us. We’ll return with our curmudgeon, “doom and gloom” commentary next week, after we catch up on what’s happening in the down and dirty world of high finance and lowly politics. But for now, something a little lighter...

"We’re All Americans Now"
By Joel Bowman

"Unknown to those born in the United States, there exists a curious momentum in America apparent only to her visitors. In the widened eyes of these newcomers, the country appears to be hurtling forward in time at blistering, maniacal pace, her citizens unconsciously bound to a collective destiny of grand, mythological proportions, a mishmash of waiters and engineers and hookers and playwrights and teachers, of slick and desperate criminals and orange-hued T.V. evangelists, of frat boys and southern belles and Marlborough men and block-jawed G.I.s, of cowboys and surfers and poets and junkies, all marching arm in arm along a great concrete road that hasn’t quite set."
~ From an inconsequential novel, titled "Morris, Alive"

“It’s still the greatest show on earth,” a friend explained, describing his fond attachment to the ground beneath his feet. “Whatever its faults, and there are many, there’s nothing else quite like it. America: the greatest [expletive] show on earth.”

That our enthusiastic interlocutor is a well known movie director and actor, and that the ground beneath his feet is composed mostly of Venice Beach sand and the lapping Pacific tide, only underscores his point. Like Hollywood itself, as seen on the glimmering silver screen, the “Idea of America” is part mythology, part super-sized reality.... its setting, part period drama, part futuristic sci-fi... its protagonist, part supervillain, part superhero.

Paradoxical and unique, this “Idea,” boldly written - nay, declared - into existence, in 1776, concerns both notions of individual sovereignty and collective destiny, the multitude and the singular, e pluribus unum. And unlike other, comparatively modest experiments concurrently underway around the world, say, east of the Urals or south of the Himalayas, west of the Nile or north of the Mekong, this particular enterprise in human action concerns both citizens “at home” and “aliens” abroad, and to an extent so as to make even the most aspirational empires on history’s grand stage tremble, cower, wince and cringe.

But who are we, you may be wondering, an Australian-born scribbler, writing from Argentina’s capital, to weigh in on what constitutes the “Idea of America?” What right have we to opine on such matters? To trespass on, much less occupy, such hallowed philosophical territory.

Excellent point, Dear Patriot! Allow us, if you would kindly holster your sidearm, a moment to plead our case... or rather, to stake our humble claim.

A World Inside a Country: Unique among such historical notions, the “Idea of America” to which we refer is simply that... an idea. As such, it is not to be located on any map, the imagined political borders of which ebb and flow with the vicissitudes of time, and anyway could not contain it. Nor is it bound up in flags, anthems, official emblems and state seals; assorted simulacra, hoary pomp, mere representations of the real McCoy. Nor does it reside in some congressional hall, at the bottom of a ballot box or in the earnest hearts and minds of any righteous group calling itself “the majority.”

We’ll come to all that, in due course. For now, let us simply draw a line under one particularly germane attribute of this idea, one which affords it a truly universal appeal. Perhaps you have noticed (or not) the curious tendency of Americans to hyphenate their demonym; this teacher is an Irish-American; that nurse an African-American; this policeman is an Italian-American; that artist a Chinese-American... and so on down the line... Jewish-Americans, Japanese-Americans, Canadian-Americans, et al.

If you call yourself American (whether hyphenated or not), this may not seem anything strange. But to those of us who live, work and play in any of the other ~200+ nation states on the planet, it’s more than a quirky peculiarity. It is a one-way oddity!

To borrow the phrasing of another foreign-born member of the chattering class, the late English-American essayist, Christopher Hitchens, America is unique to the extent that it is “internally international,” brimming with hyphenated patriots from sea to shining sea. She is sui generis (as the Canadian-Jewish-American author, Saul Bellow, was fond of saying) in a manner that no other nation, Old World or New, can quite claim to be. There are single school districts in Brooklyn that teach and test in more languages than are spoken in many countries. All of which makes, in the end, the question of “what is American?” the more difficult to pin down.

In fact, much of what we might consider “quintessentially American” is not really of America at all. From the exuberance pouring forth in what Susan Sontag (the daughter of Lithuanian and Polish Jews) called the “spirit of Philadelphia,” to practically everything that came afterward.

Founders Alexander Hamilton and James Wilson were foreign born (Nevis and England, respectively), as were a third of George Washington’s appointees to the nation’s original Supreme Court. Thomas Paine, without whose provocative pamphlets, Common Sense and The American Crisis, one could scarcely imagine the American Revolution in the same light, had not even set foot in the colonies until he was almost two score years old.

“America,” writes (resident Irish-American) Bill Bonner in the foreword to his aptly-titled compendium of essential essays, "The Idea of America", “is a nation of people who chose to become Americans. Even the oldest family tree in the New World has immigrants at its root. Bill might well have been echoing the sentiments of another Irish-American, President John F. Kennedy, who observed that, “Every American who has ever lived, with the exception of one group, was either an immigrant himself or a descendant of immigrants.”

From her most prominently “American” musicians... Joni Mitchell hails from Canada, so too does Neil Young; Eddie Van Halen was born in the Netherlands... To the visionary architects who cut her emblematic city skylines... Ludwig Mies van der Rohe hyphenates as German-American; Ieoh Ming Pei as Chinese-American... From her leading entrepreneurs and inventors... Nikolai Tesla was Serbian-American while Tesla CEO, Elon Musk, is South African-American. One half of Google, Sergey Brin, was born in Moscow, Russia, while the inventor of the original blue jeans, Levi Strauss, was raised in Bavaria, Germany... To the stars of her silver screen... Bob Hope was born in England... Audrey Hepburn in Belgium... Bruce Willis in Germany...

Whimper… or Bang? Plenty are those who were swept along with the “Idea of America” though they began their journey elsewhere. “I am as American as April in Arizona,” joked Russian-American emigree Vladimir Nabokov, who also claimed he was “one-fifth American,” on account of his having gained some 40 lbs after adopting an all-American diet.

From buildings to blue jeans to bake sales, even the phrase “as American as apple pie” rests on dubious etymological grounds. The original recipe hails from England, with heavy influences from the French and the Dutch. In fact, apples themselves weren’t even native to North America, arriving as they did in the arms of European settlers. While we’re at it, wheat comes from the Middle East... cinnamon from Sri Lanka... nutmeg from Indonesia...

“There is a whole world in America,” observed the American-British author, Henry James (one of the few writers to journey across The Pond in the other direction, proving himself the exception to the rule). And yet, later in James’s life, in a private letter, he would confess, “If I were to live my life over again, I would be an American. I would steep myself in America, I would know no other land.”

As many and varied are the pathways to the Idea of America, of equal importance is what that idea - and its future - portends for the rest of the world, whether her destiny ends with the proverbial whimper or a bang.

Whether one cares to notice or not, where goes America... so too goes much of the rest of the world. Economically... culturally... politically. Just as there are American greenbacks changing hands from the avenidas of Buenos Aires to the streets of Harare, the lodestar of the west also exports her most precious commodity of all, the idea that undergirds her founding and that reaches forth into the unknown.

What does this all portend for the years ahead? And why should we care? It was the Greek statesman, Pericles, who once said, “Just because you do not take an interest in politics doesn't mean politics won't take an interest in you.” So too for America and her noble experiment. Whether Democrat or Republican, man or woman, black or white, citizen or alien... for better and for worse, we’re all Americans now.

And now for some more Fatal Conceits… Your editor sat down with Bill Bonner up in the Calchaqui Valley earlier this week to record a special “on location” impromptu episode of the Fatal Conceits show. Time was short, as we had a lunch to attend with friends and some more “due diligence” to do on some of the local wines, but Bill was kind enough to share his thoughts on dollar hegemony, weaponized currency, inflation Putin’s Price Hike, Argentina’s mental math and plenty more. Check it out, here

Nota Bene: Readers interested in sampling some of Bill’s extreme altitude Tacana Malbec can follow this link for more information. As Bill mentions in the video, the Bonner Private Wine Partnership is a project that works with local winemakers and growers from all over the world, including from Gualfin, the end of the road. Order Tacana 2019 Vintage Here

And that’s all from us for another week. As always, likes, shares and comments in the section below are always welcomed. Bill returns tomorrow with his regular, daily missives. Until the next Sesh... Cheers..."

The Wiggin Sessions, "Financial Warfare w/ Byron King"

The Wiggin Sessions, "Financial Warfare w/ Byron King"
"This week on TWS, analyzing financial warfare in today's hostile geopolitical environment: Byron King is our go-to expert on foreign affairs... military history… legal matters… natural resources… and more. Among other things, we talk about Russia’s motives for invading Ukraine and what the ongoing sanctions will mean for your wallet."

0:00 Introductions 2:30 The Navy & NATO 4:50 The Russian Motive For Invasion 7:00 The Cold War 12:49 The Great Reset 19:00 Ukraine 23:00 Sanctions 26:00 Weaponizing the Dollar 31:30 The Theory of Victory 35:00 Reserve Currency Wars 37:45 American Deindustrialization 40:00 Ramifications 45:30 The Power of the Dollar 47:00 Versus the Chinese Yuan 49:00 Cryptocurrency? 51:30 "Let them drive Tesla's" 1:00:00 Recession
Subscribe to The Wiggin Sessions Podcast: https://link.chtbl.com/TWS000

"A Language Older Than Words"

"A Language Older Than Words"

"There are times the lies get to me, times I weary of battering myself against the obstacles of denial, hatred, fear-induced stupidity, and greed, times I want to curl up and fall into the problem, let it sweep me away as it so obviously sweeps away so many others. I remember a spring day a few years ago, a spring day much like this one, only a little more sun, and warmer. I sat on this same couch and looked out this same window at the same ponderosa pine.

I was frightened, and lonely. Frightened of a future that looks dark, and darker with each passing species, and lonely because for every person actively trying to shut down the timber industry, stop abuse, or otherwise bring about a sustainable and sane way of living, there are thousands who are helping along this not-so-slow train to oblivion. I began to cry.

The tears stopped soon enough. I realized we are not so outnumbered. We are not outnumbered at all. I looked closely, and saw one blade of wild grass, and another. I saw the sun reflecting bright off the needles of pine trees, and I heard the hum of flies. I saw ants walking single file through the dust, and a spider crawling toward the corner of the ceiling. I knew in that moment, as I've known ever since, that it is no longer possible to be lonely, that every creature on earth is pulling in the direction of life - every grasshopper, every struggling salmon, every unhatched chick, every cell of every blue whale - and it is only our own fear that sets us apart. All humans, too, are struggling to be sane, struggling to live in harmony with our surroundings, but it's really hard to let go. And so we lie, destroy, rape, murder, experiment, and extirpate, all to control this wildly uncontrollable symphony, and failing that, to destroy it."
- Derrick Jensen

"This Is Your Last Chance"

"This Is Your Last Chance", Part 1
by Robert Gore

"The indictment is long and strong. A cabal of politicians, governments, courts, medical authorities, pharmaceutical companies, multinational agencies, the mainstream media, academics, and foundations, particularly the World Economic Forum, have concocted responses to a virus and its variants that have robbed the people of rightful liberties, are a mechanism for the imposition of global totalitarianism, and have amplified rather than reduced the virus’s dangers, inflicting severe injury and death that will last years, perhaps decades, and afflict millions, if not billions, of victims (See “The Means Are The End,” Robert Gore, SLL, November 13, 2021).

This is their last chance. They can reverse course and pray to whatever demonic deity they pray to that it’s enough to prevent the retribution they deserve, or they can perish in the destruction they’ve created. They will reap what they have sown, their time is up.

This is it, the last gasp of the psychopaths who express their contempt and hatred for humanity by trying to rule it. Compulsion, not voluntary and natural cooperation. Power, pull, and politics, not incentives, competition, honest production, and value-for-value trade. From each according to his virtue to each according to his depravity. “The Last Gasp,” Robert Gore, SLL, March 24, 2020

Their time is up. This assertion may appear as recklessly foolish as Luke Skywalker’s ultimatum - “Jabba, this is your last chance, free us or die!” - did to Jabba the Hut at the Sarlacc Pit. It’s not, but to understand why requires an understanding of slow moving (on human time scale) but enormously powerful forces. Most history studies the wrong things and most predictions are straight line projections of the present and recent past.

The linchpin of history is innovation, not governments and rulers. We don’t know who ruled whom when humanity lived in caves, but we do know that someone tamed fire, someone planted seeds and cultivated them for food, and someone invented the wheel. With such steps humanity emerged from the caves and began building civilization. Even at this early stage one thing was clear: innovation creates new capabilities and opportunities and serves as the basis for further innovation.

Government is the acquisition of resources that enables those who govern to exercise control over those whom they govern. This presupposes resources, which presupposes production. Government is always subsidiary to production, yet most history focuses on the former and treats the latter as a secondary matter. This is looking down the telescope from the wrong end. Before a government can take someone must make.

History as studied is a dreary succession of violent takers: their kingdoms and empires, their exactions from the populace, their wars, their depredations, their monuments, and so on. Most of this is trivial compared to the innovation that gets short shrift.

Who ruled which nations in 1440 and what effect does whatever they did have on us today? There’s not one person in ten million who can knowledgeably answer those questions. Ask instead if the moveable-type printing press that Johannes Gutenberg invented that year has had an effect on their lives and most will acknowledge its inescapable importance.

The few rulers who have ruled wisely are largely forgotten. Wise rule is maintaining the conditions that allow the people themselves to create, innovate, and produce, what’s been called the night watchman state. Protecting them and their property from invasion, violence, theft, and fraud are the important but minimalist assignments for such governments. Crucially, such protection of the people extends to protection from the government itself. This type of government offers would-be rulers no opportunity for the larceny, self-aggrandizement, and power they crave, which is why they’ve been so rare.

The perfect night watchman state has never been achieved. There have only been a few that have come close. Conditions of relatively greater freedom, however, have coincided with the explosions of innovation and productivity that have bequeathed to humanity most of its progress.

The United States’ explosion was the Industrial Revolution, which launched virtually every important industry we have today and took the nation from its agrarian roots to industrial preeminence. With the exception of Theodore Roosevelt, an outlier in many unfortunate ways, the presidents who presided during the Industrial Revolution (1865-1913) have passed into obscurity, always a desirable fate for presidents. (See “The Magnificent Eleven,” Robert Gore, SLL, May 3, 2017. For a fictional treatment of the period, see "The Golden Pinnacle", Robert Gore, 2013.)

Nineteenth-century fecundity set the table for twentieth-century insanity, giving psychopathic rulers the resources for two world wars and innumerable smaller ones, history’s most totalitarian governments, genocides, and the perpetration of myriad other miseries and horrors. The twentieth century is easily history’s most tyrannical and bloody... so far. Emblematic of the century is its “greatest” invention, nuclear weaponry, which can destroy all life on earth.

In the United States, establishment of the central bank and imposition of income taxes in 1913 allowed the government to expropriate a far higher share of the nation’s incomes and wealth than it had. Shortly thereafter, ignoring George Washington’s sage advice to avoid foreign entanglements, the U.S. entered World War I. The Industrial Revolution and its comparative freedom were over, the accretion of state power that continues to this day was underway.

Government resurfaced as the dominant institution, as it has been for most of history, not just in the U.S. but around the globe. Intellectual fashion followed the political trend. Money and power - heady prospects for many intellectuals - were to be had promoting the growth of the state and toadying to its functionaries. A few brave souls spoke out against the trend and championed freedom, but they were ignored and shunned. Today, champions of freedom are consigned to obscure corners of the Internet.

You would think that living off the Industrial Revolution’s productive legacy, with first call on incomes and accumulated wealth, rulers would command more than ample resources to do whatever they desired. Such is not the case. Their schemes and rapacity are unlimited while even in the most productive and wealthy societies, resources are not. Governments and their central banks have created a debt explosion that leaves the world in the deepest financial hole it’s ever been.

The explosion has accelerated the past few years, leaving rulers at the outer limits of what they can expropriate or borrow. Whatever growth in GDPs they now hail, the unmentioned growth in debt is greater - the hole gets deeper. This state of affairs illustrates history’s central truism: governments can’t produce. Their stock in trade, coercion and violence, only destroys. Making producers tax and debt slaves to those who produce nothing destroys both production and integrity.

The death knell sounded in 1971 when the United States government repudiated the last vestige of its promise to redeem its dollars for gold. Debt would be the coin of the realm. The bland term “financialization” hides the moral obscenity. Each year the nation’s debt has grown. Production, when netted against that debt, has shrunk, and an increasingly large portion of what remains is diverted to those who don’t produce. Washington decides who gets what, but it can’t command the what. That shrinks as productive virtue is penalized and theft, fraud, and violence are rewarded.

This increasingly precarious state of affairs has lasted for fifty years. It won’t last much longer. Only moral and intellectual bankruptcy greater than current financial bankruptcy could call this abject failure a failure of capitalism.

Capitalism is the economics of political freedom. The strangulation of both in the U.S. officially commenced in 1913. They are the antithesis of what we now have, state-directed collectivism. Capitalism and freedom didn’t fail the people, the people failed capitalism and freedom. If people can’t handle individual freedom - as collectivists like to argue - they certainly can’t handle collectivist power, as the twentieth and twenty-first centuries have amply demonstrated. It’s like the one brat in a room full of self-directed, happily interacting children seizing control of the room."

Musical Interlude: Cesar Benito, "Tema de Sira"

Full screen recommended.
Cesar Benito, "Tema de Sira"

"Memories, important yesterdays, were once todays.
Treasure and notice today."
- Gloria Gaither

"Real Courage..."

"I wanted you to see what real courage is, instead of getting the idea that courage is a man with a gun in his hand. It's when you know you're licked before you begin but you begin anyway and you see it through no matter what. You rarely win, but sometimes you do."
~ "Harper Lee", "To Kill a Mockingbird"

"The Essence Of Life..."

"It was the essence of life to disbelieve in death for one's self, to act as if life would continue forever. And life had to act also as if little issues were big ones. To take a realistic attitude toward life and death meant that one lapsed into unreality. Into insanity. It was ironic that the only way to keep one's sanity was to ignore that one was in an insane world or to act as if the world were sane."
- Philip José Farmer

"How It Really Is"

"Any fool can know. The point is to understand."
- Albert Einstein

Saturday, March 26, 2022

"How To Become Your Own Central Bank - Prepare Now!"

Full screen recommended.
Dan, I Allegedly, 3/26/22:
"How To Become Your Own Central Bank - Prepare Now!"
"With the instability in the financial markets we need to protect ourselves every way we can. The Federal Reserve has talked about issuing a digital dollar in a short period of time. Now is the time to be around central bank. You need to take charge of your own finances now."

Musical Interlude: "Pianist SHOCKS Audience With Moonlight Sonata Dubstep Remix"

Full screen recommended.
MusicalBasics, March 13, 2022,
"Pianist SHOCKS Audience With Moonlight Sonata Dubstep Remix"
Relive the moment Kennedy Center experienced the
Dubstep version of Moonlight Sonata for the first time...
Watch the full version of this remix: https://youtu.be/Bfu1uFqV2qw

"A Look to the Heavens"

“Beautiful island universe M94 lies a mere 15 million light-years distant in the northern constellation of the hunting dogs, Canes Venatici. A popular target for astronomers, the brighter inner part of the face-on spiral galaxy is about 30,000 light-years across.
Traditionally, deep images have been interpreted as showing M94's inner spiral region surrounded by a faint, broad ring of stars. But a new multi-wavelength investigation has revealed previously undetected spiral arms sweeping across the outskirts of the galaxy's disk, an outer disk actively engaged in star formation. At optical wavelengths, M94's outer spiral arms are followed in this remarkable discovery image, processed to enhance the outer disk structure. Background galaxies are visible through the faint outer arms, while the three spiky foreground stars are in our own Milky Way galaxy.”

"Children Of Hope..."

"Children of Hope, to life we fondly cling,
Though woe on woe bitter hour may bring;
the spirit shrinks, and Nature dreads to brave,
The doubt, the gloom, the stillness of the grave.
But what is death? – a wing from earth to fee –
a bridge o’er time into eternity."

- Michelle, in “The Fear of Death Considered”

"In The End..."

"What we think, or what we know, or what we believe is, in the end,
of little consequence. The only consequence is what we do."
- John Ruskin

Chet Raymo, “In Wildness Is The Preservation Of The World?”

“In Wildness Is The Preservation Of The World?”
by Chet Raymo

“In earlier times, when I was still teaching, it was my habit to occasionally take a wildflower, or piece of rotten bark, or pinch of oil into a biology lab where I had access to a high-quality dissecting microscope. I'd put my sample on the stage of the scope and go exploring. A hawkweed blossom, say, became the concise equivalent of a tropical jungle, teeming with wildlife.

We bemoan the loss of wilderness, and rightly so I suppose. But there are vast tracks of wilderness that we do not despoil, on a scale too small for annihilation by our marauding hand. Elephants and gorillas may be in danger of extinction, but the ants are doing just fine.

In fact, they seem to find my kitchen countertops entirely to their liking. A paradise of crumbs. An Eden of spilled nutrition. Just look at them, armies of them, as small as the period at the end of this sentence, scampering in gleeful forays.

To my eye they are only featureless specks. But I know that they have legs, antennae, mouth and anus. Sense organs. Reproductive strategies. In other words, we have a lot in common, the ants and me, including common ancestry. It's all a matter of scale. For me the wilderness is mostly gone. For the ants, it's just changing form.

In "The Creation", E. O. Wilson writes: "Ants alone, of which there may be 10 thousand trillion, weigh roughly as much as all 6.5 billion human beings." In the kitchen, I still outweigh the interlopers, but take the whole island and I suppose they might outweigh me. In any case, they don't seem to be aware of a loss of wilderness.

And while we are on the subject of scale, consider the nematodes, mostly tiny, threadlike worms whose millions of species make up four-fifths of all animals on Earth. A handful of loam might contain a thousand. They live virtually everywhere- soil, water, desert sand, arctic ice, hot springs, and as parasites of plants and animals, including humans. Pinworms and hookworms are nematodes. For the nematodes, we are part of the wilderness.”

The Daily "Near You?"

Union, Kentucky, USA. Thanks for Stopping by!

"Clown Market Clown World"

"Clown Market Clown World"
By Chris Black

"There is no fundamental analysis for the pricing of any stock traded on US exchanges. The valuations are absurd across the board. Like the Democrat party, only the narrative matters. Not the true business fundamentals. The entire thing is like kids playing Monopoly. “Nuh, huh, my house is worth like a billion dollars because it is so much better than your house.”

Why not just go out and say Tesla should be worth $50 trillion. It doesn’t matter. If the company was actually valued based on somewhat objective analysis, you are maybe talking $15 billion max. The company is currently valued as if they control 120% of the entire global transportation market. Selling over 100 million automobiles a year. The fact that the company loses money on every car they sell, and only makes a profit off selling carbon credits gifted by world governments makes any valuation above $1 insane.

I pity the Enron executives. What they did doesn’t even register based on the fraud in the stock market today.

As Apple, Microsoft, Amazon, and the rest of the Wall Street darlings hit multi trillion dollar valuations, millions of small businesses that supported moderate lifestyles were closed forever.

You can make a six figure salary working for a megacap, but that salary doesn’t mean much where those megacaps exist. $150k a year in Silicon Valley is equivalent to $12 an hour in Indiana.

Balance is gone from the US economy and the oligarchs don’t care. They added even more to their immense wealth and they got the peons to beg for meaningless jobs."

"Ukraine Prediction"

"Ukraine Prediction"
by Chris Black

"So this is what’s going to happen geopolitically: The Americans sanctioned Russia as hard as they possibly could, openly trying to break the Russian economy. Most of America’s vassal states in the west followed suit.

India and China have not. So the Americans are now threatening India and China with sanctions of their own, unless they join the United States in punishing Russia. Paradoxically, America’s bullying tactics against both countries will wind up making them the best of friends.

India has exceedingly good relationship with Russia for several decades - they will not jeopardize it because of the Americans. So in retaliation for not doing what they want, the Americans will sanction India. It will be what my friend Alexandra Mercouris calls “the sanctions escalator”: Little by little at first, random officials here and there, and then slowly targeting the entire Indian economy.

Insofar as China is concerned, America has started this “sanctions escalator “, and the Chinese are under no illusions. But for China, Russia is much more important than the United States. China has spent over 25 years deliberately and consciously deepening its relationship with Russia. China views Russia as a primary partner, and will under no circumstances jeopardize that relationship. That’s why China will never sanction Russia. So China will take on American sanctions — but China realizes something crucial: The United States needs China much more than the other way around.

China and India have had long-standing border disputes. Because of this American pressure, the two countries are now quickly resolving these border issues, especially water rights issues. Both of them realize that, in order to resist American pressure, they must become allied.

So very quickly, a new super alliance will form between Russia, China and India. Iran, which has strong relationships with Russia and blossoming relationships with China, will inevitably join this partnership. If these four countries decide to cut out the west, Europe will not have gas for electricity and heat, and no customers for its cars and product. And the Americans will discover that no one wants their dollars - so the American financial architecture will completely collapse, and the US will find itself in the biggest depression of its history. (Yes you read right.)

The Americans do not realize that the US needs China/Russia/India far FAR more than the other way around. Americas hollowed out industrial base means that it does not produce anything. It needs products from Russia/China/India. And yet it is the United States which is busy alienating precisely those nations that it most needs.

The Americans have broken with the Russians – there is now a sanctions moat between Russia and the west. If the US and Europe does this with China and India, the west will sink, their economy completely shattered. And this new Eurasian block will become the literal center of the earth.

Through sheer incompetence, the United States is about to collapse. I am not being hyperbolic, this is what is happening right now. By the end of 2023, there will be catastrophic hyperinflation, over 50% unemployment, mass food shortages, and no gasoline in the United States of America. Don’t believe me? Watch."

"Crime and Punishment'

"Crime and Punishment'
by Joel Bowman

"A politician is a fellow who will lay down your life for his country."
~ Mary “Texas” Guinan

Buenos Aires, Argentina  -  "Many are the brave, the patriotic... and the easily led. Barely a year ago, working Americans were urged to ignore what they saw before their eyes and felt in their pocketbooks: That prices were rising and, moreover, that they were rising faster than wages. Back in July, when the inflation rate was running at a “mere” 5.4%, Senate Banking Committee Chairman Sherrod Brown charged his colleagues with a peculiar kind of monetary hypochondria, for seeing a mountain where there was but a molehill. “They won’t say aloud what this ‘inflation alarmism’ is really about,” observed the democratic senator from Ohio, “they simply don’t want workers to have more power.”

Chairman Brown, a career politician backed by an arts degree in Russian studies from Yale University, added insult to inanity when, at the very same meeting, he exhorted his fellow congressmen to “join the fight to make housing more affordable” and to help “curb Wall Street greed and excess.” Now, we’ve never met Chairman Brown. For all we know, he could be even dumber than he sounds. But surely even a Yale graduate must recognize that the quickest way to disempower the average worker is to undercut the purchasing power of his savings.

That is to say, generation-high inflation may seem like “alarmism” to multi-millionaire senators like the tone-deaf Chairman, but it’s a daily, sobering reality for the middle and working class Americans he so earnestly affects to serve... and whose taxpayer-funded salary he so breezily banks. Indeed, Chairman Brown has been serving his constituents - good and hard - for his entire adult career. Since entering public office, at the cocksure, world-improving age of 23-years old, Sherrod Brown has amassed a personal fortune estimated at roughly $10 million. Nice work, if you can get (someone else to pay for) it.

But how does a humble public servant - one who has made a career railing against “greed and excess,” no less - build an eight-figure pile, 83+ times the median US household net worth, on a dot.gov salary? Ah, that’s a question for another day, dear reader. Maybe an upcoming Sunday Sesh...

Suffice to say, working class “inflation alarmists” barely had time to digest the insult when they were told, in quick succession and from multi-decamillionaire politicians, that rising prices were merely “transitory,” then that they were actually good for the economy and then, most recently, that they were after all part of one’s patriotic duty... the “price we must pay”... you know, because... Ukraine.

Nothing to do with $800 billion dollar federal boondoggles junky stimulus “recovery” programs, the likes of which senator Brown cast the final vote in favor of back in 2009...

Nothing to do with the Fed “quantitatively easing” $8 trillion dollars into the economy’s track-marked veins since then...

Nothing to do with pinning interest rates to the floor... or $1.9 trillion candy scrambles to fight The Covid... or $2 - $5 trillion in Build Back Whenever programs... (Manchin’s apparently ready to trade horses again...)

Yippee! Spending other people’s money has never been so easy! Of course, one doesn’t need a bachelor’s degree in Russian studies from a fancy college to understand that, even if it is Brown and his gilded ilk doing the crime, it will be honest, hard working Americans copping the punishment."

Free Download: R.D. Laing, "The Divided Self: An Existential Study in Sanity and Madness"

"The Divided Self:
An Existential Study in Sanity and Madness"
by R.D. Laing

"Ronald David Laing (7 October 1927 – 23 August 1989), usually cited as R. D. Laing, was a Scottish psychiatrist who wrote extensively on mental illness – in particular, the experience of psychosis. Laing's views on the causes and treatment of serious mental dysfunction, greatly influenced by existential philosophy, ran counter to the psychiatric orthodoxy of the day by taking the expressed feelings of the individual patient or client as valid descriptions of lived experience rather than simply as symptoms of some separate or underlying disorder. Laing was associated with the anti-psychiatry movement, although he rejected the label. Politically, he was regarded as a thinker of the New Left..”

"First published in 1960, this watershed work aimed to make madness comprehensible, and in doing so revolutionized the way we perceive mental illness. Using case studies of patients he had worked with, psychiatrist R. D. Laing argued that psychosis is not a medical condition but an outcome of the 'divided self', or the tension between the two personas within us: one our authentic, private identity, and the other the false, 'sane' self that we present to the world.”
Freely download “The Divided Self: 
An Existential Study in Sanity and Madness”,
by R.D. Laing, here:
"Insights Of R.D. Laing"

"Decades ago, psychiatrist R.D. Laing developed three rules by which he believed a pathological family (one suffering from abuse, alcoholism, etc.) can keep its pathology hidden from even its own family members. Adherence to these three rules allows perpetrators, victims, and observers to maintain the fantasy that they are all one big, happy family. The rules are:
Rule A: Don't talk about the problems and abject conditions;
Rule A1: Rule A does not exist; 
Rule A2: Do not discuss the existence or nonexistence of Rules A, A1, and/or A2."

“From the moment of birth, when the stone-age baby confronts the twentieth-century mother, the baby is subjected to these forces of violence, called love, as its mother and father have been, and their parents and their parents before them. These forces are mainly concerned with destroying most of its potentialities. This enterprise is on the whole successful.”

“Children do not give up their innate imagination, curiosity, dreaminess easily. You have to love them to get them to do that.”

“We are all murderers and prostitutes - no matter to what culture, society, class, nation one belongs, no matter how normal, moral, or mature, one takes oneself to be.”

“Insanity - a perfectly rational adjustment to an insane world.”

“We are bemused and crazed creatures, strangers to our true selves, to one another, and to the spiritual and material world - mad, even, from an ideal standpoint we can glimpse but not adopt.”

"Life is a sexually transmitted disease and the mortality rate is one hundred percent.”

"It Matters..."

The sons - in the dungeon - think they hear Henry approach to kill them.
Richard: "He's here! He'll get no satisfaction out of me!
He isn't going to see me beg!"
Geoffrey: "Why, you chivalric fool - as if the way one fell down mattered!"
Richard: "When the fall is all there is, it matters."
- James Goldman, "The Lion In Winter"

"How It Really Is"

 

"It's a Big Club and you ain't in it. You and I are not in the Big Club."
- George Carlin
Strong language alert!

"2022: Doomsday Clock at 100 Seconds to Midnight"

"2022: Doomsday Clock at 100 Seconds to Midnight"

"The Bulletin of Atomic Scientists introduced the Doomsday Clock in 1947. It represents a countdown to global nuclear annihilation. During the height of the Cold War, it came its closest to midnight - 2 minutes - then cooled, stretching to 17 minutes by 1991.

In 2015, around the time the film was released, increased instability had moved the clock back to 3 minutes to midnight, due to modernizations in global nuclear weapons and "outsized nuclear weapons arsenals," with world leaders failing to "act with the speed or on the scale required to protect citizens from potential catastrophe." At the time, the Bulletin of Atomic Scientists read: "The clock ticks now at just three minutes to midnight because international leaders are failing to perform their most important duty - ensuring and preserving the health and vitality of human civilization."

In an update released January 20, 2022, however, the Bulletin reported that the world is "at doom's doorstep," with the clock moving to just 100 seconds to midnight: "The Clock remains the closest it has ever been to civilization-ending apocalypse because the world remains stuck in an extremely dangerous moment. In 2019 we called it the new abnormal, and it has unfortunately persisted. Leaders around the world must immediately commit themselves to renewed cooperation in the many ways and venues available for reducing existential risk.

Citizens of the world can and should organize to demand that their leaders do so - and quickly. The doorstep of doom is no place to loiter. Without swift and focused action, truly catastrophic events - events that could end civilization as we know it - are more likely. When the Clock stands at 100 seconds to midnight, we are all threatened. The moment is both perilous and unsustainable, and the time to act is now."
Related:
"Being This Close To Nuclear War Should Change How We See Things"
by Caitlin Johnstone

Excerpt: "I’m always stunned at how, whenever I talk about the way all this brinkmanship is bringing us ever closer to a precipice from which there is no return, people will often tell me “Yeah well if it happens it will be Putin’s fault for starting it.” Like that’s in any way a sane response to our plight. People are so confused and compartmentalized about this issue they seriously think “If nuclear war happens it will be Putin’s fault” is a complete position on this issue.

I always want to shake them and ask them, “If you looked outside right now and saw a mushroom cloud growing in the distance, would the words ‘It was Putin’s fault’ give you any comfort? Or would you, perhaps, wish measures had been taken early on to prevent it from getting to this point?”

It’s a useful thought experiment that can be applied in many areas, while we sit here on the brink waiting to see what happens.

If you looked outside right now and saw a mushroom cloud growing in the distance, how good would you feel about the decision not to guarantee Moscow that Ukraine would never receive NATO membership?

If you looked outside right now and saw a mushroom cloud growing in the distance, would you be able to say you tried everything you could to prevent this from happening?

If you looked outside right now and saw a mushroom cloud growing in the distance, would you feel okay about how you’ve been treating the people you care about?

If you looked outside right now and saw a mushroom cloud growing in the distance, would you feel okay about how you’ve been spending your time?

If you looked outside right now and saw a mushroom cloud growing in the distance, will you wish you’d spent more time at the office? Wish you’d participated in more social media drama? Wish you’d taken fewer chances? Wish you’d loved with less abandon?

The swelling likelihood of imminent armageddon draws everything into focus. Helps clarify your priorities. Helps you figure out how to live your life from moment to moment.

And from where I’m sitting this clarity brings with it a sense of responsibility as a human being. A responsibility to really be here now. To truly live our lives with presence and appreciation. To drink deeply of the cup of human experience. Because the only thing worse than everything ending would be if it ended without having been seen and valued while it lasted.

We have control over so very little in this insane little pickle we’ve found ourselves in. But one thing we can definitely control is whether we’re really showing up for however much time we’ve got left on this amazing blue planet.

“Treasure each moment” is something you hear so often in life that it becomes a cliche and loses all its meaning. But there has never been a better time to take another look at it with fresh eyes and begin putting it into practice.

Treasure each moment, because there might not be very many of them left. This is the moment. This is our moment. If this does wind up being humanity’s last scene on this stage, let’s at least help make sure we shine as radiantly as possible before the final curtain."

Please read this complete article, with my highest recommendation, here:
Related:

Friday, March 25, 2022

Tucker Carlson, "We May Not Have Enough Food Soon"

Tucker Carlson, PM 3/25/22:
"We May Not Have Enough Food Soon"

“Don’t Buy Dumb Stuff, Buy Food Now; Mortgage Rates Hit Danger Zone; Housing Boom Over, Sales Sink”

Jeremiah Babe, PM 3/25/22:
“Don’t Buy Dumb Stuff, Buy Food Now; 
Mortgage Rates Hit Danger Zone; Housing Boom Over, Sales Sink”

30 Signs American Families Are Getting Pulverized By This Economy"

Full screen recommended.
"30 Signs American Families 
Are Getting Pulverized By This Economy"
by Epic Economist

"How can Americans afford to survive in today’s economy? The cost of everything is going through the roof, and wages are stagnating amid rampant inflation. Today, the median household income is a little over $65,000 a year, which means that the average family earns around $5,400 a month. But before any of that money gets spent, you have to take out at least $1,100 in taxes. That leaves about $4,300 a month to pay all the bills. So if you have to pay the mortgage or rent, at least another $1,100 goes away, which means that now you have $3,200 to make make your car payments, student loan payments, energy bills, water bills, phone bills, cable bills, internet bills, health insurance, home insurance, and most importantly, you have to provide three meals a day for every member of your family and the cars need to be filled up with gas or you won’t go anywhere. On top of that, there are always extra expenses such as home or car repairs, or new clothes and shoes for your kids.

With all things considered, it’s understandable why so many families are struggling financially. Workers are facing immense hardships as labor conditions continue to decay. The number of good jobs is steadily dropping, and most positions do not support middle-class lifestyles anymore. Meanwhile, millions of families are seeing their purchasing power getting squeezed harder and harder with each passing month as the cost of living just keeps going up. To make things worse, as supply chains collapse, global tensions rise, markets react and the economy falls back into recession, the American family is going to have an even more difficult time trying to survive financially in the coming months. Most people in the U.S. are living in an almost constant state of financial despair right now. Parents are spending sleepless nights wondering how they are going to explain to their children that they cannot provide for the same things they used to or how are they going to stay above water for another month.

In modern-day America, if you can keep yourself from getting evicted by your landlord or prevent your home from being foreclosed, and if you’re able to put food on the table every day, and put clothes on the backs of your children, then you’re extremely lucky because there are millions out there that don’t have the conditions to do so. This once was a nation for the great. But now, the American dream has turned into a horrifying nightmare. n today’s video, we compiled 30 facts that prove that the average American family is getting absolutely pulverized by this economy. "

"Our Leaders Have Gone Mad"

"Our Leaders Have Gone Mad"
by Jeffrey Tucker

"Have a look at the shock on people’s faces as they leave the grocery stores these days or as they stand filling up their tanks at the gas station. Their jaws drop and they wonder what is happening to the world. The answer is the policy disasters of the last two years. The bill is coming due and everyone but the masters of the universe is paying it. The value of the dollar is sinking rapidly, more rapidly than in our lifetimes. Nor is it coming back.

The people who hold power today seem completely clueless about why this is happening. Actually, that’s a charitable interpretation. They might just think it is great. High gas prices are pushing a shift to electric cars, presumably to manage global climate (I’m a serious doubter that anything like that is possible by policy). Or maybe there is an impulse here just to redistribute wealth and disorient people to create new levels of dependency. Whatever the reason, I’m seeing absolutely no signs that anyone at the top has any intention to put a stop to this.

Kill the Snake in the Garden! The Biden administration - total geniuses up there! - have been hunting around for the source of price increases, as if there is some single-greatest offender out there in the markets. They won’t blame the Fed of course because the Biden administration considers a monetary policy war against inflation to be a potential political disaster. It would drive the economy into a statistical recession. Then they would doom themselves at the midterm. Better to let inflation rip than risk that.

So instead, they are looking to scapegoat market actors. It’s preposterous: Markets are linked in ways that are impossible to trace and understand. You cannot map it. It’s too complex. It cannot be designed. It cannot be gamed. But tell that to the credentialled experts who believe that they have it all going.

So some geek in the White House noted that shipping prices are through the roof. They reasoned that these high costs are putting pressure on all producers, which in turn are being passed on to consumers. What to do? Crack down on the shippers!

That’s exactly what they have done by unleashing the Federal Maritime Commission, an independent government agency that oversees ocean transport for American consumers and shipping firms. What the heck is the FMC going to do? Oh, harass people. Send letters. Investigate. Make big demands. But this much is clear during inflation: Everyone, without exception, has a thoroughly valid reason to raise prices. In this sense, they are all telling the truth that it is not their fault. Finding the key offenders during a hyperinflation is like hunting for the offending cloud during a hurricane.

Another Stimulus: One of the great independent journalists who has really found his mojo during this crisis has been Jordan Schachtel. His Substack account seems often ahead of the major news. He drew my attention to something so bizarre that I never imagined it would happen. He believes that the politicians are, right now, plotting another stimulus check drop on citizens as a way of helping people deal with inflation.

True story! It’s actually a level of policy insanity I’ve not seen in my lifetime. This would be like pushing a drowning man deep underwater. Far from coming to terms with their mistakes and acknowledging their errors, the rulers of our fiat system, in their infinite wisdom, may soon decide to fight inflation with… you guessed it, more inflation.

Sounds crazy? No way they would be that ridiculous, right? Well, I have some news for you. It’s already happening in Canada. Quebec has announced that they will give a $500 stimulus check to everyone that makes $100,000 or less. This handout, which is expected to reach 6.4 million Canadians, will "help Quebecers cope with the sharp increase in the cost of living that we have seen in recent months,” Finance Minister Eric Girard said Tuesday.

Following Canada’s lead, a group of Democrat congressmen have just introduced a bill to hand out “gas price stimulus checks” to Americans. The timing of this new bill should not go unnoticed, as midterm elections are just around the corner in November. Three congresspeople are hyping a bill to give up to $300 a month to citizens who live in areas where gas prices are above $4 per gallon. Do the math on this and you end up with an annual bill of $340 billion. This comes after many people in Congress have started to slightly worry about their spending programs.

And of course, once you do this with gas, there is no reason not to do this with food, rent, medical bills or anything else. You end up with a mind-blowing system in which government is forever printing up the currency to compensate people for the consequences of previous money printing.

CNN is helping to drum up support: "The administration should ask Congress to authorize a payment of $1,100 per household to pay for four months of higher prices going forward, and provide an option for the president to provide a second or even third check to low-and-moderate income families for an additional four months in the event that prices remain high. We don’t know when this crisis is going to end or when prices for essential goods and services will return to more affordable levels."

It’s the Interwar Period All Over Again: Here we have a scenario straight out of the history books. We are talking about Weimar-level insanity here. But what’s to stop it? The current political winds all lean in this direction. So long as Democrats are in control and the Republicans are stupid and afraid, even as the Fed is embarassingly bowing to every political pressure, something like this cannot be stopped.

If this continues, we could be looking at a full-scale monetary crisis of epic proportions, as we approach the midterms. Even then, Congress under Republican control simply cannot manage the Fed, which owes its entire allegiance to the executive in the White House and the deep state. That means two more years even after November of utter policy disasters. Wow, I really do get tired of reporting terrible news!

I wouldn’t have to if the major media could cover these topics with any level of intelligence or honestly. But they don’t. And the failure to do so is having a major impact on the standard of living, which is taking a hit much harder than we have seen since the early 1930s. This is both in the U.S. and Europe. Really all over the world.

We can hope and pray for policy rationality to return. But we must also be realistic. This is a crisis with no end in sight."

Musical Interlude: Deuter, "Endless Horizon"

Full screen recommended.
Deuter, "Endless Horizon"