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Sunday, November 27, 2022

"The Housing Market Is Falling Apart Before Our Eyes As Prices Drop Faster Than In 2008"

Full screen recommended.
"The Housing Market Is Falling Apart Before Our 
Eyes As Prices Drop Faster Than In 2008"
by Epic Economist

"The alarm bell is ringing for American homeowners, as surging mortgage rates scare away buyers and declining prices terrorize sellers amid one of the most turbulent reversals seen since 2008. Real estate experts say the slump in the housing market is only going to get worse, and after seeing their equity shrink by over $1.5 trillion this year, homeowners should prepare for an ugly 2023, they say, warning that property values are set to drop by the double digits early next year, and after that happens, prices will overshoot downwards.

Erik Lundh, a principal economist at The Conference Board, notes that this impressive surge was even higher than the rise seen in home prices during the last bubble. “It’s true that US homeowners should prepare for an ugly 2023,” he warned. “After years of underinvestment and suppressed supply, US home prices rose an eye-popping 47% between January 2020 and June 2022, as low interest rates and the surge in remote work spurred demand. For comparison, in the lead-up to the housing downturn that started 16 years ago, prices were up by 30% over a comparable period,” the expert explained.

However, now it is clear that the demand boom that fueled the growth of the current bubble hasn't just fizzled out, but it's doing a 180: Compared to a year ago, mortgage purchase applications are down 41%. There are actually fewer purchase applications now than at the bottom of the 2008 crash. All of that is thanks to the highest mortgage rates in two decades.

“We’re at very, very frothy levels right now. In such situations, prices do tend to overshoot to the downside,” highlights James Knightley, the chief international economist at ING Bank. The truth is that the housing market was squeezed so high before and during the pandemic that it needs to face a significant correction to come back to sustainable levels. In some markets, such as Austin, Texas, where home prices climbed 93.5% over the last two years, or North Port, Florida, where prices soared 83.4% since 2020, according to data compiled by Business Insider, a 40% crash still wouldn’t be enough. A lot more pain is coming for 57% of U.S. housing markets that are overvalued by 50% or more.

“Overall, this is the most worrying housing market outlook since 2007-2008, with markets poised between the prospect of modest declines and much steeper ones” pointed out Adam Slater, a lead economist at consultancy firm Oxford Economics. Redfin reported that home sales plunged 32.1% last month, the worst year-over-year collapse in the history of the United States. In a statement, Redfin Economics Research Lead Chen Zhao said that “the Fed’s actions to curb inflation are causing the housing market to slow at a pace not seen since the financial crisis.”

Mortgage defaults and foreclosures creeping up again, unemployment rates are ticking up and consumer spending is drying up. All the elements of a perfect storm are already in place. Now, all that we can do is to watch this slow-motion trainwreck playing before our eyes."

Musical Interlude: Ludovico Einaudi, "Lady Labyrinth & Nightbook"

Full screen recommended.
Ludovico Einaudi, 
"Lady Labyrinth & Nightbook"

"A Look to the Heavens"

"NGC 253 is one of the brightest spiral galaxies visible, but also one of the dustiest. Dubbed the Silver Coin for its appearance in smalltelescopes, it is more formally known as the Sculptor Galaxy for its location within the boundaries of the southern constellation Sculptor. Discovered in 1783 by mathematician and astronomer Caroline Herschel, the dusty island universe lies a mere 10 million light-years away. 
About 70 thousand light-years across, NGC 253, pictured, is the largest member of the Sculptor Group of Galaxies, the nearest to our own Local Group of galaxies. In addition to its spiral dust lanes, tendrils of dust seem to be rising from a galactic disk laced with young star clusters and star forming regions in this sharp color image. The high dust content accompanies frantic star formation, earning NGC 253 the designation of a starburst galaxy. NGC 253 is also known to be a strong source of high-energy x-rays and gamma rays, likely due to massive black holes near the galaxy's center. Take a trip through extragalactic space in this short video flyby of NGC 253."

"I Pity You, Too..."

“Said a philosopher to a street sweeper, “I pity you. Yours is a hard and dirty task.” And the street sweeper said, “Thank you, sir. But tell me, what is your task?” And the philosopher answered saying, “I study man’s mind, his deeds and his desires.” Then the street sweeper went on with his sweeping and said with a smile, “I pity you, too.”
- Kahlil Gibran

"I Must Not Fear..."

"I must not fear. Fear is the mind-killer.
Fear is the little-death that brings total obliteration.
I will face my fear. I will permit it to pass over me and through me.
And when it has gone past I will turn the inner eye to see its path.
Where the fear has gone there will be nothing.
Only I will remain."
- Frank Herbert,
"Dune", "Litany Against Fear"

The Universe

“There are no accidents. If it's appeared on your life radar, this is why: to teach you that dreams come true; to reveal that you have the power to fix what's broken and heal what hurts; to catapult you beyond seeing with just your physical senses; and to lift the veils that have kept you from seeing that you're already the person you dreamed you'd become. There are no accidents. And believe me, that was one heck of a dream.”
“Tallyho,”
The Universe

“Thoughts become things... choose the good ones!”

The Daily "Near You?"

Greenville, Maine, USA. Thanks for stopping by!

"Feeling Overwhelmed: Breathing Into Order"

"Feeling Overwhelmed: Breathing Into Order"
by Madisyn Taylor, The DailyOM

"Always know, the Universe works in perfect order and you are never given more thank you can handle. Sometimes we may feel like there is just too much we need to do. Feeling overwhelmed may make it seem like the universe is picking on us, but the opposite is true: we are only given what we can handle. Difficult situations are opportunities to be our best selves, hone our skills and rise to the occasion.

The best place to start is to take a deep breath. As you do, remind yourself that the universe works in perfect order and therefore you can get everything done that needs to get done. As you exhale, release all the details that you have no control over. The universe with it‘s infinite organizing power will orchestrate the right outcome. Anytime stress begins to creep up, remember to breathe through it with these thoughts. Then, make a list of everything you need to do. Note what needs to be done first, and mark the things others may be able to do for you or with you. Though we often think no one else can do it correctly or well, there are times when it is worth it to exhale, let go of our control, and ask for help from professionals or friends. With the remaining things that feel you must do yourself, take another breath and determine their true importance.

Sometimes they are things we’d like to do, but aren’t really necessary. After taking these quick steps, you will find you have a plan laid out, freeing you from frenzied thoughts circling in your head. With calming deep breaths, you are now free to focus more fully on our priorities. Herbal teas or flower remedies along with wise choices about caffeine and food can help keep us from becoming frantic too. But with nothing further from us than our breath, we can breathe in our best intentions and let the rest go with an exhale. Keeping ourselves centered and breathing into and through life’s challenges helps us learn what we are truly capable of doing, and we will find we have the ability to rise to any occasion. Remember you aren’t being picked on, and you are never alone."

"You Can Avoid Reality..."

"If you saw Atlas, the giant who holds the world on his shoulders, if you saw that he stood, blood running down his chest, his knees buckling, his arms trembling but still trying to hold the world aloft with the last of his strength, and the greater his effort the heavier the world bore down upon his shoulders - what would you tell him to do?"
"I... don't know. What could he do? What would you tell him?"
"To shrug."
- Ayn Rand, “Atlas Shrugged”

"Then you will see the rise of the men of the double standard - the men who live by force, yet count on those who live by trade to create the value of their looted money - the men who are the hitchhikers of virtue. In a moral society, these are the criminals, and the statutes are written to protect you against them. But when a society establishes criminals-by-right and looters-by-law - men who use force to seize the wealth of disarmed victims - then money becomes its creators' avenger. Such looters believe it safe to rob defenseless men, once they've passed a law to disarm them. But their loot becomes the magnet for other looters, who get it from them as they got it. Then the race goes, not to the ablest at production, but to those most ruthless at brutality. When force is the standard, the murderer wins over the pickpocket. And then that society vanishes, in a spread of ruins and slaughter.

Do you wish to know whether that day is coming? Watch money. Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion - when you see that in order to produce, you need to obtain permission from men who produce nothing - when you see that money is flowing to those who deal, not in goods, but in favors - when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you - when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that your society is doomed."
"Francisco’s Money Speech” from “Atlas Shrugged,” by Ayn Rand.
Freely download "Atlas Shrugged", by Ayn Rand, here:

"Endgame Ukraine; Putin's Battleplan" (Excerpt)

"Endgame Ukraine; Putin's Battleplan"
by Mike Whitney

Excerpt: “Ukraine’s unquestioned strategic center of gravity is its western corridors to the Polish border where the vast majority of its war support enters the country. Their operational center of gravity is their resupply lines emanating eastwards from Kyiv to Ukraine’s various frontline positions. Without those two corridors, it would be nearly impossible for Kyiv to sustain wartime operations for more than a few weeks. Putin, therefore, may calculate the best use of those 218,000 additional troops will be to launch a three-pronged axis to cut both of those supply routes.” - Lt. Colonel Daniel L. Davis, Senior Fellow for Defense Priorities and Contributing Editor at 1945

“I want to emphasize again that all tasks of the special military operation will be unconditionally fulfilled.” - Russian President Vladimir Putin

"Another day of large-scale missile attacks on Ukraine’s hobbled energy infrastructure has plunged much of the country into darkness. The relentless attacks - which continued through the night and into the early morning hours - have intensified dramatically as Russian combat troops continue to join their units along the perimeter in preparation for a major winter offensive. Russian President Vladimir Putin has waited patiently for the Zelensky regime to grasp the gravity of their situation and press for bilateral negotiations. But the Ukrainian president has stubbornly rejected diplomacy at every turn opting instead to fight til the bitter end. He is fully supported in that decision by his backers in Washington who see the conflict as an opportunity to weaken Russia so it cannot obstruct US plans to “pivot” to Asia. The transformation of Ukraine into a frigid, uninhabitable wastelands is largely the result of Washington’s voracious geopolitical ambitions. This is from a post at the website Moon of Alabama:

"Previous attacks had limited the distribution capacity to some 50% of demand. Controlled blackouts over several hours per day allowed to give some electricity for a few hours to most parts of the country. The attack today created a much larger problem. Not only were distribution networks attacked but also so the elements that connect Ukraine’s electricity production facilities to the distribution network. All four nuclear power stations of Ukraine with their 15 reactors are now in shutdown mode. Kiev along with most other cities of Ukraine no longer has electricity.” "Ukraine – Lights Out, No Water And Soon No Heat”, Moon of Alabama
Ukraine Plunged Into Darkness - As of the morning of November 24, more than 70% of Kiev remains without electricity. There is no water in half of the capital. Power outages continue in all regions throughout the country….”Kiev goes Dark as NATO Sacrifices Ukraine”,Southfront

The widespread power outages are accompanied by freezing temperatures that will inevitably lead to an unprecedented humanitarian crisis. Millions of Ukrainians will be forced to flee across the border seeking refuge in Europe. Others will be left to hunker-down in makeshift emergency shelters that are sporadically heated by diesel-powered generators. There is no prospect that Ukraine’s dilapidated power-system will be fixed quickly if ever. And even if it could be cobbled-back together in some improvised capacity, it would only be a short-term fix. The fact is, the Russians have identified the main substations, terminals and auto-transformers across Ukraine and are picking them off one-by-one. Unable to defend itself against the daily barrage of precision-guided missiles, Ukraine is gradually being bombed into the Stone Age.

The objective of the Russian operation is to undermine Ukraine’s ability to wage war. The attacks on Ukraine’s power-grid, railway hubs, fuel deports, bridges and command-and-control centers are merely Phase 1 of a 2-phase operation that is designed to defeat the enemy and bring the war to swift end. Russia has gathered roughly 500,000 troops in a combat Strike-Force that will traverse the country along three main axes annihilating Ukrainian Forces wherever they are encountered and seizing key cities along the way. Critical supply-lines from Poland will be blocked, leaving troops at the front cut-off and vulnerable to attack. Eventually, the regime and their Right-bloc security forces will be killed or captured. Moscow will not allow a government that is openly hostile towards Russia to rule the country. This is from an interview with Colonel Douglas MacGregor:

"There are now 540,000 Russian troops stationed around the outskirts of Ukraine preparing to launch a major offensive that I think will probably end the war in Ukraine. 540,000 Russian troops, 1,000 rocket artillery systems, 5000 armored fighting vehicles including at least 1,500 tanks, hundreds and hundreds of tactical ballistic missiles. Ukraine is now going to experience war on a scale we haven’t seen since 1945.” Colonel Douglas MacGregor, Rumble
Full, highly recommended article is here:
Full screen recommended.
"Ukraine Is About To Be Annihilated"
Straight Calls with Douglas Macgregor - Your home for analysis of breaking news and in-depth discussion of current geopolitical events in the United states and the world. Geopolitics. No ego descriptions. No small talk. Straight to the point. Calls with the relevant analysis only.

"How It Really Is"

"How many times do you have to get hit over the
head until you figure out who's hitting you?"
- Harry S. Truman

"Shopping At Trader Joe's! Trying Some Of Their Products!"

Full screen recommended.
Adventures with Danno, 11/27/22:
"Shopping At Trader Joe's! Trying Some Of Their Products!"
"In today's vlog we are shopping at Trader Joe's, and are trying some of their products! We are here to try some of their produce as most produce has been terrible in some stores lately! It's getting rough out here as stores seem to be struggling with getting products!"
Comments here:

Saturday, November 26, 2022

"Kohl's Black Friday Retail Disaster, Shelves Full; Consumer Begins To Worry"

Full screen recommended.
Jeremiah Babe, 11/26/22:
"Kohl's Black Friday Retail Disaster, Shelves Full; 
Consumer Begins To Worry"
Comments here:

"They Just Lied To All Of Us!"

Full screen recommended.
Dan, iAllegedly 11/26/22:
"They Just Lied To All Of Us!"
"We were just told that this was the greatest Black Friday in the history of mankind. The only problem is that if you’ve been to a store or seeing people, you know that they have no money to buy anything."
Comments here:

Musical Interlude: Ludovico Einaudi, "Una Mattina"

Full screen recommended.
Ludovico Einaudi, "Una Mattina"

"A Look to the Heavens"

Why does this galaxy have such a long tail? In this stunning vista, based on image data from the Hubble Legacy Archive, distant galaxies form a dramatic backdrop for disrupted spiral galaxy Arp 188, the Tadpole Galaxy. The cosmic tadpole is a mere 420 million light-years distant toward the northern constellation of the Dragon (Draco). Its eye-catching tail is about 280 thousand light-years long and features massive, bright blue star clusters. 
One story goes that a more compact intruder galaxy crossed in front of Arp 188 - from right to left in this view - and was slung around behind the Tadpole by their gravitational attraction. During the close encounter, tidal forces drew out the spiral galaxy's stars, gas, and dust forming the spectacular tail. The intruder galaxy itself, estimated to lie about 300 thousand light-years behind the Tadpole, can be seen through foreground spiral arms at the upper right. Following its terrestrial namesake, the Tadpole Galaxy will likely lose its tail as it grows older, the tail's star clusters forming smaller satellites of the large spiral galaxy."

"You Must Be..."

"But I don't want to go among mad people," Alice remarked.
"Oh, you can't help that," said the cat.
 "We're all mad here. I'm mad. You're mad."
"How do you know I'm mad?" said Alice.
"You must be," said the cat, "Or you wouldn't have come here."
- Lewis Carroll, 
"Alice's Adventures in Wonderland"

I know, I know lol...
Thanks for stopping by!

Chet Raymo, "The Meaning Of Life"

"The Meaning Of Life"
by Chet Raymo

"There is only one meaning of life, the act of living itself."
– Erich Fromm

"I had heard from a high-school student in the midwest who had read my book 'Skeptics and True Believers,' in which, as you may know, I take to task all forms of faith that lack an empirical basis, including astrology and supernaturalist religion. He writes: "Are we just meaningless beasts roaming a meaningless Earth with the sole purpose of popping out babies so we can raise them to live longer, more meaningless lives?"

A good question, the best question. What we have learned about our place on Earth does indeed suggest that we are beasts, related even in our DNA and molecular chemistry to other animals. And, yes, the driving purpose of all animal life would seem to be "popping out babies." But our uniquely complex human brains allow us to be more than beasts, more than baby-poppers. As far as we know, humans are the most complex thing in the universe, and in our desire to gain reliable knowledge of the universe the universe becomes conscious of itself.

As for myself, I don't need stars or gods to give my life meaning. I work at meaning every day, in the love of family and friends, in caring for my own little pieces of the Earth, in art, in science, and in making myself conscious of the mystery and beauty - and terror - of the cosmos.

"Or is there a possibility that there may be more?" asks my midwestern correspondent. Yes, there is almost certainly more to existence than what we have yet learned. Just think how much more we know than did our pre-scientific ancestors. But that still greater knowledge will have to wait for minds other than my own. My children and grandchildren will know far more than I, and in that growing human storehouse of reliable knowledge I hope they will find some greater measure of meaning.

In the meantime, I attend to the fox that sometimes walks across my windowsill, the morning glory seedlings that reach achingly for the sun, and the moon that hangs like a great milky eye in the sky. Francis Bacon said that what a man would like to be true, he preferentially believes. That's a mistake I try to avoid. I choose instead to believe what my senses tell me to be palpably true."

The Daily "Near You?"

Arvada, Colorado, USA. Thanks for stopping by!

"The Monstrous Thing..."

"The monstrous thing is not that men have created roses out of this dung heap, but that, for some reason or other, they should want roses. For some reason or other man looks for the miracle, and to accomplish it he will wade through blood. He will debauch himself with ideas, he will reduce himself to a shadow if for only one second of his life he can close his eyes to the hideousness of reality. Everything is endured - disgrace, humiliation, poverty, war, crime, ennui - in the belief that overnight something will occur, a miracle, which will render life tolerable. And all the while a meter is running inside and there is no hand that can reach in there and shut it off."
- Henry Miller, “Tropic of Cancer”

Freely download “Tropic of Cancer”, by Henry Miller, here:

"The Great Thing About The Internet..."

 "The great thing about the internet is that you get to meet people you
 would otherwise only meet if you were committed to the same asylum."
- Robert Brault

"How It Really Is"

 

Gerald Celente, "The Interest Rate Scam And What's Next; Beware More Nuke Talk"

Strong language alert!
Gerald Celente, Trends Journal 11/25/22:
"The Interest Rate Scam And What's Next;
 Beware More Nuke Talk"
"The Trends Journal is a weekly magazine analyzing global current 
events forming future trends." Find out more here: - https://trendsjournal.com
Comments here:

"Strange Price Increases At Kroger! This Is Ridiculous! What's Next?"

Full screen recommended.
Adventures with Danno, 11/26/22:
"Strange Price Increases At Kroger! 
This Is Ridiculous! What's Next?"
"In today's vlog we are at Kroger, and are noticing very strange prices! We are here to check out skyrocketing prices, and the empty shelves situation! It's getting rough out here as stores seem to be struggling with getting products!"
Comments here:

" I Used to Be Disgusted, Now I'm Just Tired"

" I Used to Be Disgusted, Now I'm Just Tired"
by Charles Hugh Smith

"The midterm elections, the “most important elections of our lifetimes,” are over. Whoever won, it wasn’t really going to change much. Today’s system is simply too deeply entrenched. While the much-touted differences between America's political parties get obsessive, hysterical attention, the sameness of Imperial corruption, waste and squalor regardless of who's in power gets little notice.

Scrape away the differences - mostly in domestic and cultural issues - and we see the dead hand of Imperial Corruption is on the tiller. The core of Imperial Corruption is the disconnect between the nation's ideals of representational democracy and open markets and the sordid reality: elites serve their interests by corrupting both democracy and open markets.

Elites Against Democracy: Unfettered democracy and markets cannot be controlled by a tiny, self-serving elite. Stripped of corruption, democracy and markets are free-for-alls that are constantly evolving. This open-ended dynamism is the beating heart of both democracy and open markets. But the dynamic adaptive churn of unfettered representative democracy and open markets are anathema to insiders, vested interests and elites. Each has gained asymmetric power by subverting democracy and markets to serve their private interests. They’ve destroyed the system’s natural dynamism.

When "competition" has been reduced to two telecoms, two healthcare insurers, two pork processors, etc., the system has been stripped of adaptability and resilience. Democracy has been replaced by an auction of political power to the highest bidder.

Everything’s Up for Grabs: It rewards cronies and devotes all its resources not to solving the nation's problems but to whipping up conflagrations of divisiveness and partisan hysteria that wash away the middle ground where problems can actually be addressed. This crippling of the nation's ability to actually solve difficult problems serves the interests of self-serving elites whose sole interest is accumulating personal wealth and power.

Their proclaimed interest in solving the nations' real-world problems are fraudulent tissues designed to hide the putrid reality that all their so-called "solutions" distill down to sluicing huge sums of state money to cronies and campaign contributors under the guise of "solving problems."

The only "problem" America's elites know how to solve is the "problem" of how to get personally richer while tightening their control of the nation-state's vast flood of (taxed/ borrowed) money. Cronies and contributors get tax breaks hidden in 1,000-page legislation and overflowing rivers of money (here's looking at you, Big Pharma, Big Defense, Higher Education, Sickcare, et al.).

Masters at Misdirection and Distraction: America's elites are masters at misdirection and distraction: it's always the other side's fault that the nation is sliding down the chute. The elites don't really care which side is in power, as they control them both to serve their own interests. Any advance that increases efficiency and productivity and furthers the public good is squelched, suppressed or co-opted by vested interests. They fear, rightly, that their share of the spoils might be diminished by advances that render obsolete their particular cartel, monopoly or other embedded skim, scam, fraud, embezzlement or simply unproductive dead weight.

But something funny happens on the way to gaining control of complex emerging systems: that control destroys the system's self-correcting mechanisms and adaptability. Rigging the system to serve one's own interests destroys the system's ability to adapt to changing circumstances and selective pressures.

Adapt or Die: Once a system has been crippled to serve the interest of an elite, when forced to adapt or die, it can only die as its mechanisms of adaptation were destroyed by the power-grab of elites. An economy dominated by a handful of cartels and quasi-monopolies is an economy that is doomed to slide into the dustbin of history, as cartels and monopolies "win" by crushing competition, as competition threatens their profits and control of markets and governance, a.k.a. "democracy."

Any system that serves the interests of the few by choking off adaptability and the dynamisms of a free-for-all churn lacks the tools needed to avoid systemic collapse. By enabling elites to organize the nation to serve their personal interests, America has been stripped of the dynamics needed to adapt. Without these dynamics, collapse is the only possible outcome.

Don’t Forget the Deep State! But no mention of today’s “democracy” can ignore the Deep State - the unelected and unaccountable Administrative State. The Administrative State has existed in some form in every nation-state/empire, but the U.S. Deep State only gained its vast global powers in World War II and the Cold War. That was when the Deep State learned the lesson that the public can’t always be counted on to do “the right thing.” They may choose unwisely (for example, choosing appeasement over preparation). And so the really important decisions needed to preserve the nation cannot be left to the public or parochial politicos in elected office. Those decisions must be in the hands of those who know what has to be done.

Democracy is simply the rubber stamp for doing what's necessary. Beyond that, it's a potentially fatal hindrance. That's the mindset of the Deep State, and if you and I were in upper-echelon positions in the Administrative State, we'd agree with this mindset when things get serious.

Trump: Why do you think they were so opposed to Donald Trump? Whatever you think of Trump personally, or what I think of him personally, is completely beside the point. This isn’t about politics. The fact is, the Deep State perceived him as a grave threat to its interests and did everything it could to stop him.

This mindset is a self-reinforcing group-think feedback loop. Those who believe the public should set policy are weeded out, either by self-selection or via being sent to bureaucratic Siberia. We're protecting you. That's all you need to know.

This opens the door to functionaries who came to do good but stayed to do well, i.e. those with the right credentials and connections to enter the Power Circle to "serve the public" but soon become insiders maximizing their own private gains. That's the problem with the Administrative State: it's ultimately unaccountable, not just to the public or elected officials but to itself.

Enjoy the Circus: But in the meantime, enjoy the political theatrics we’ve been treated to down on the sand-strewn floor of the Coliseum. While Imperial Corruption undermines what's left of the nation's ability to adapt fast enough and successfully enough to survive what lies ahead, we can cheer the "winners" of the political bloodsport. We can simply ignore the winds of disorder sweeping the land.

It seems like it can just go on forever. But everything is forever until systemic weaknesses reveal themselves, typically at the most inopportune junctures. We could well be at one of them. It's easy to be disgusted. But I’ve found that being disabused of the fantasy that the system is self-correcting is the healthier perspective. I used to be infuriated by it all. Now I'm just tired of it all."

Greg Hunter, "Weekly News Wrap-Up, 11/25/22"

"Weekly News Wrap-Up, 11/25/22"
By Greg Hunter’s USAWatchdog.com

"Warfare like lawfare is being waged against President Donald Trump. In the latest attack, the Supreme Court unanimously ruled that Trump should turn over his tax returns to vengeful communist Democrats in the House of Representatives. Trump expressed his outrage on his social media platform Truth Social by saying, in part, “It is unprecedented to be handing over tax returns, and it creates terrible precedent for future presidents. Has Joe Biden paid taxes on all of the money he made illegally from Hunter and beyond?” Of course, the Lying Legacy Media (LLM) will never report that Biden is a money launderer, tax cheat and is a traitor taking bribes from China.

The vote fraud fight is still going on in a few key states such as Pennsylvania, Georgia and Arizona. The LLM want to tell you to move on and there is nothing to see, but court cases are progressing, and more fraud is being exposed every day. Of course, the leaders of both parties work together against “We the People.” The most powerful thing you can tell people is the truth, and the truth is getting out.

A top virologist for the FDA died suddenly this week and so did a 13-year-old boy. These two are just a few of the people who “died suddenly” all over the world where the vax was injected. The virologist pushed the vax for children and expectant mothers and was, no doubt, vaxed and boosted. But how does a perfectly healthy 13-year-old collapse trying out for the basketball team? Was he vaxed too? Are we supposed to believe that people just drop over dead these days for no reason? People are waking up to the truth in many areas, and that is what I am thankful for this Thanksgiving."

Join Greg Hunter on Rumble as he talks about these 
stories and more in the Weekly News Wrap-Up 11/25/22:

Paulo Coelho, "Killing Our Dreams"

Click image for larger size.
Killing Our Dreams"
by Paulo Coelho

"The first symptom of the process of our killing our dreams is the lack of time. The busiest people I have known in my life always have time enough to do everything. Those who do nothing are always tired and pay no attention to the little amount of work they are required to do. They complain constantly that the day is too short. The truth is, they are afraid to fight the Good Fight.

The second symptom of the death of our dreams lies in our certainties. Because we don’t want to see life as a grand adventure, we begin to think of ourselves as wise and fair and correct in asking so little of life. We look beyond the walls of our day-to-day existence, and we hear the sound of lances breaking, we smell the dust and the sweat, and we see the great defeats and the fire in the eyes of the warriors. But we never see the delight, the immense delight in the hearts of those who are engaged in the battle. For them, neither victory nor defeat is important; what’s important is only that they are fighting the Good Fight.

And, finally, the third symptom of the passing of our dreams is peace. Life becomes a Sunday afternoon; we ask for nothing grand, and we cease to demand anything more than we are willing to give. In that state, we think of ourselves as being mature; we put aside the fantasies of our youth, and we seek personal and professional achievement. We are surprised when people our age say that they still want this or that out of life. But really, deep in our hearts, we know that what has happened is that we have renounced the battle for our dreams – we have refused to fight the Good Fight.

When we renounce our dreams and find peace, we go through a short period of tranquility. But the dead dreams begin to rot within us and to infect our entire being. We become cruel to those around us, and then we begin to direct this cruelty against ourselves. That’s when illnesses and psychoses arise. What we sought to avoid in combat – disappointment and defeat – come upon us because of our cowardice. And one day, the dead, spoiled dreams make it difficult to breathe, and we actually seek death. It’s death that frees us from our certainties, from our work, and from that terrible peace of our Sunday afternoons."
"Dreams are true while they last, and do we not live in dreams?"
- Alfred, Lord Tennyson

Friday, November 25, 2022

"Walmart Black Friday No Shoppers; Costco Crazy Gas Line; People Spending Money They Don't Have"

Full screen recommended.
Jeremiah Babe, 11/25/22:
"Walmart Black Friday No Shoppers; Costco Crazy Gas Line; 
People Spending Money They Don't Have"
Comments here:

15 Biggest Retailers In America Closing Down Stores Right Now"

Full screen recommended.
"15 Biggest Retailers In America 
Closing Down Stores Right Now"
by Epic Economist

"Retail stores continue to close by the hundreds. The retail apocalypse continues to sweep across America as our purchasing power is getting squeezed by many different fronts these days. After paying for housing, energy, gas, groceries and other monthly bills, most of us are left with an increasingly smaller amount of money for discretionary expenses. And some of us, aren't even spending that money at all - but rather saving it to weather the storm that is ahead. Consequently, even some of the biggest companies in the US are suffering from declining sales, shrinking profits and weaker earnings results. Many of them were already barely making it after two very complicated years for our economy - with a pandemic, supply chain problems, inflation and soaring commodity prices making conditions extremely difficult for these businesses. And now they are having to make some tough choices as we enter the holiday season. Even big names such as McDonalds and Disney are announcing they will be closing several locations in an attempt to cut costs and survive the downturn that is unfolding before our eyes.

Another example is Gamestop. The troubled video game retailer became a stock market and media sensation early last year when a legion of investing pranksters made headlines the world over by sending GameStop’s stock to the moon in an orchestrated move to hit hedge funds that were betting on the chain's continued demise. But it doesn’t seem like any of them actually shopped in there. With falling revenue and negative sales growth, the world’s largest gaming retailer has been shedding hundreds of stores over the last two years, shuttering a total of 1,000 locations in 2021. Now, 557 more stores are conducting clearance sales to go out of business as GameStop starts switching its focus to online operations.

When even some of the biggest brands out there are being forced to make some deep cuts to reduce operational costs, slashing jobs and closing up shop in the process, then you know for a fact that the economy is falling off the tracks. The worst part is that conditions aren't likely to get any better for consumers or businesses any time soon. As we just reported a few days ago, even one of the world's richest men is telling the public to avoid unnecessary purchases and stockpile cash to navigate through the turbulence that is approaching. This isn't good news for our iconic brands and major retailers. We'll continue to keep track of the retail apocalypse as this situation continues to develop in the coming months.

In today's video, we listed some industry giants that recently disclosed plans to shutter dozens or even hundreds of locations."

Musical Interlude: Adiemus, “Adiemus”

Full screen recommended.
Adiemus, “Adiemus”