Wednesday, February 17, 2021

"Economic Market Snapshot AM 2/17/21"

"Economic Market Snapshot AM 2/17/21"
"Capitalism is the astounding belief that the most wickedest of men will
do the most wickedest of things for the greatest good of everyone."
- John Maynard Keynes
"Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!
Your guide:
Gregory Mannarino, AM 2/17/21

"Important Updates: Caution Advised"

"The more I see of the monied classes, 
the better I understand the guillotine."
- George Bernard Shaw
MarketWatch Market Summary, Live Updates

CNN Market Data:

CNN Fear And Greed Index:
A comprehensive, essential daily read.
Feb 15th to 17th, Updated Daily 
Financial Stress Index
"The OFR Financial Stress Index (OFR FSI) is a daily market-based snapshot of stress in global financial markets. It is constructed from 33 financial market variables, such as yield spreads, valuation measures, and interest rates. The OFR FSI is positive when stress levels are above average, and negative when stress levels are below average. The OFR FSI incorporates five categories of indicators: credit, equity valuation, funding, safe assets and volatility. The FSI shows stress contributions by three regions: United States, other advanced economies, and emerging markets."
Daily Job Cuts

"How It Really Is"

 

“Are You Sane?”

“Are You Sane?”
by Charles Hugh Smith

“A sane person to an insane society must appear insane.” 
– Kurt Vonnegut, “Welcome to the Monkey House”

“Madness has engulfed the entire world, with a concentration of power in the hands of a few psychopathic financial elite wielding an inordinate and dangerous expanse of power over the lives of the common man. They are a modern day version of Al Capone, except their weapons of choice aren’t machine guns, but a printing press, peddling debt, creating derivatives of mass destruction, and peddling heaping doses of disinformation. The contemporary criminal class wears Hermes suits, Rolex watches and diamond studded pinky rings, drops $500 to dine at Masa in NYC, travels by chauffeured limo, lives in $10 million NYC penthouse suites, occupies luxurious corner offices in hundred story glass towers, and spends weekends hobnobbing with the other financial elite at their villas in the Hamptons. They have nothing but utter contempt for the lowly peasants who depend upon a weekly paycheck to make ends meet. Why work when you can steal $1 or $2 billion from farmers with no consequences?

The willfully ignorant masses are kept at bay by the selling them a false dichotomy of Republicans versus Democrats, conservatives versus liberals, and capitalism versus socialism. The ruling class distracts the public with fake wars on poverty, drugs and terror, while using these storylines to further enrich themselves and keep the public alarmed and frightened. We’ve been “fighting” the wars on poverty and drugs for over four decades and poverty is at record levels, while drugs are easier to obtain than candy in a candy store. The war on terror is nothing more than a corporate arms dealer welfare plan. The end of the Cold War put a real crimp in the bottom lines of Lockheed Martin and the rest of the peddlers of death. 9/11 and the subsequent undeclared wars in Iraq, Afghanistan, Libya and Syria, with Iran on the horizon, have been a godsend to the bottom lines of the corporations Eisenhower warned about in 1961.

In reality, the politicians are interchangeable and bought off by corporate and special interests. The people are sold a fable, and controlled opposition is the fairy tale. They perpetuate the welfare/warfare state that enriches Wall Street, the military industrial complex, the healthcare service complex, politically connected mega-corporations and the corporate media propaganda complex. The American people are given the illusion of choice by their keepers. The system is rigged. The real decisions are made by unelected secretive men who operate in the shadows and use their wealth to direct the decision making of the politicians, government bureaucrats, and corporate entities that benefit from those decisions. Edward Bernays described a society that existed in the 19th Century, 20th Century, and has now grown to immense proportions in the 21st Century:

“Political campaigns today are all sideshows. A presidential candidate may be ‘drafted’ in response to ‘overwhelming popular demand,’ but it is well known that his name may be decided upon by half a dozen men sitting around a table in a hotel room. The conscious manipulation of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country.” – Edward Bernays 

The manipulation of the masses has been perfected by the ruling class through decades of corporate mass media messaging the purposeful dumbing down of the populace through government public school education that teaches children how to feel rather than how to think. The conscious manipulation of the masses has been designed to produce obedient non-thinking consumers of corporate products, educated to believe the accumulation of material goods with debt constitutes wealth, to fear whatever the government tells them to fear, and never look up from their iGadgets long enough to actually think for themselves. We are bombarded with Orwellian memes designed to keep us sedated and pliant, as the ruling class pillages the national wealth and expands their power and control over our lives.

Conform; Stay Asleep; Do Not Question Authority; Obey; Consume; Reproduce; Submit; Watch TV; Buy; Follow; Doubt Humanity; No New Ideas; Feel, Don’t Think; Fear; Accumulate; Honor Apathy; Believe Experts; Surrender; Spend; No Independent Thought; Win; Want More; Hate; Succumb To Desire; Yield To Power; Choose Safety Over Liberty; Choose Security Over Freedom 

This insane world was created through decades of bad decisions, believing in false prophets, choosing current consumption over sustainable long-term savings based growth, electing corruptible men who promised voters entitlements that were mathematically impossible to deliver, the disintegration of a sense of civic and community obligation and a gradual degradation of the national intelligence and character.

Vonnegut and Huxley’s social commentary reveals a basic truth that societies and human beings have been prone to bouts of madness over the course of decades and centuries. Humans are a weak species, susceptible to the vagaries of greed, lust, gluttony, wrath, sloth, envy and pride. The seven deadly sins are in full bloom today, as the American empire descends through Dante’s inferno of reality TV, celebrity worship, religious zealotry, adulation of wealthy titans, military conquest and worship of false idols.

This is where the interests of those in power and those being ruled have coincided, as a fiat based monetary system allowed unlimited spending to keep the welfare/warfare state growing, enriching the crony capitalists, deepening the power of the state, and providing the masses with foreign made trinkets, baubles, corporate logoed clothing, techno-gadgets, and pimped out financed wheels. The concepts of self-restraint, discipline, saving for a rainy day, prudence, discretion, and deferred gratification are rarely displayed in modern day America. In a case of mass delusion, Americans have convinced themselves to live for today, recklessly ignore their futures, irresponsibly spend money they don’t have on things they don’t need, neglect their civic duty towards future generations, choose ignorance over knowledge, and vote for spineless politicians who promise them entitlements that are mathematically impossible to honor. The public’s foolish attitude towards debt accumulation matches the arrogance of our gutless intellectually dishonest leaders.”

"We All Do What We Can..."

“All sins, of course, deserve to be treated with mercy: we all do what we can, and life is too hard and too cruel for us to condemn anyone for failing in this area. Does anyone know what he himself would do if faced with the worst and how much truth could he bear under such circumstances?” 
- Andre Comte-Sponville

Joe South, “Walk A Mile In My Shoes”

"Slightly Woozier Thoughts on the Impossibility of Justice"

"Slightly Woozier Thoughts on the Impossibility of Justice"
by Fred Reed

"The other day a friend and I were partaking of the mortal remains of quite a number of defenseless grapes, and the subject of law enforce arose. Having spent a number of years as a police reporter, I began thinking of curious and often erroneous ideas that people have of what we regard as a system of justice. Without meaning to bore the reader, I offer the following thoughts and observations.

First, any system will make mistakes. The only way to convict all of the guilty is to convict everybody. The only way to avoid convicting the innocent is not to convict anyone. The more the system leans in one direction, the more it will err in the other.

Second, it is absurd to accept the Enlightenment idea that a criminal, having “paid his debt to society” by a stint in prison, will come out and make a new start as a normal human. The fact is that most crime is committed by career criminals. An armed robber aged twenty-nine invariably will have a rap sheet dating from puberty of thirteen arrests and a couple of convictions for assault, drug offenses, gun offenses, drugs, and so on. He is not going to make a fresh start.

Third, the complacent adage that “it is better to let ten guilty men go free than to convict one innocent man” may apply in cases of shoplifting. It may not be better to let ten Ted Bundys go free than to convict an innocent. Your choice may depend on whether you have a daughter in college.

Fourth, people charged with crimes by urban police departments are almost always guilty. There are two reasons for this. One is that they are usually caught in the act, driving the stolen car, carrying the illegal gun, or having drugs in their possession. The other is that DA’s won’t paper a case unless they are pretty sure of winning either in court or by plea bargain.

Fifth, the US does not have trial by jury but, in over ninety percent of cases, trial by plea bargain. Crime is so rampant in American cities that many times more courts and prosecutors would be needed for jury trials. Plea bargaining is convenient for prosecutors but a very bad system. It makes it easy for overzealous or crooked prosecutors to take advantage of suspects with little or no legal representation. It can, and sometime does, work against what we regard as normal people.

Suppose you are a suburban white man walking through a shaky part of the city without knowing it to be a red-light district, and you get unfairly arrested for solicitation of a prostitute. Your choice is to plead down to public lewdness or some such with a fine of five hundred dollars, or go to trial, lose your marriage, and maybe get three years. Which?

Yes, this can happen. Ages ago in my police-reporter days I walked one evening on Fourteenth Street, then a hooker venue. One of the girls said, “You sportin,’ honey?” Another lady of the evening stepped closer, as if to listen to my answer. I strongly suspected the first to be Cookie Marino, a police plant in the anti-sex trade force. Solicitation was then defined as offering a specific price for a specific act. A guy with no interest could easily kid around (“I want five girls. I’ll give you a thousand dollars each.”) and get arrested. Then what?

Sixth, almost all of the celebrated shootings and brutality by police result from disobeying a cop’s orders. If a minion of the law tells you to stop and put your hands up, do it. You can sue later.

Seventh, drug rehab is a scam. The judge doesn’t want to send the addict to prison, since prisons are overflowing, but doesn’t want to let him go, and look soft on crime, so he sentences him to rehab, which he knows doesn’t work, but it becomes somebody else’s problem.

Eighth, jury trials are largely fraudulent. You are supposed to be tried by a jury of your peers. This was a good idea since it made it difficult for the government to railroad people it didn’t like. In today’s climate of racial hatred, “one’s peers” has to mean of one’s own race. A white jury is not unlikely to acquit a white charged with beating a black (Rodney King) and a black jury is very likely to acquit a black charged with killing a white (OJ Simpson).

Further, in theory the jury is supposed to consider the facts dispassionately and come to a reasoned verdict. Good luck with that. A jury of theoretical physicists might approach this ideal. In jury selection both prosecutors and defense attorney will try to impanel jurors emotionally biased in their favor.

For example, in a rape case the prosecutor will want a jury consisting of man-hating feminists and he will coach the victim to look sweet and defenseless. The defense will want a jury of primitive rural Christians who will think that if she was in that bar, in that neighborhood, with THAT Dress up to her armpits, she damned well deserved what she got. Yes, this is exaggerated, but it is how they think.

Ninth, it is not always clear what the country believes to be the purpose of prison. Is the purpose to punish? Then prison should be harsh. If it isn’t disagreeable, it isn’t punishment. It the purpose to deter? Then it should be godawful as otherwise it will not deter.

Should vengeance be an acceptable purpose? In the case of someone selling marijuana, no—but the psychopath who tortured three girls to death? Your answer to this may depend on whether it was your daughter.

Is the purpose to rehabilitate? Then prison should be pleasant, with libraries, online courses, and training in auto mechanics, carpentry, and bricklaying.

Is the purpose to protect the public? Then the answer is long sentences whether in pleasant circumstance or not. Since the only thing that more or less reliably decreases criminality is age, sentences might read “until middle age.”

Tenth, the current system virtually guarantees recidivism. A black guy with a fourth-grade education goes to jail for fifteen years at age twenty-five. He comes out at age forty with no money, no acquaintances on the outside, and zero employability. What precisely do we expect him to do? Realistically there is no practical answer to this question. He understands armed robbery and dope sales. These are all he understands.

My only answer to all of this is what a friend, a public defender, told me: “Don’t ever - ever - get into the hands of the criminal justice system.”

Finally, it is worth remembering that few actually care about guilt or innocence. Trial attorneys are combative and want to win. An assistant DA does not rise in rank by losing cases. The defense guy, or gal, gains fame and clients by acquitting clients and do so even if they know the perp is guilty."

Tuesday, February 16, 2021

Gerald Celente, "Trends Journal: 21st Century: China's Century"

Gerald Celente, 
"Trends Journal: 21st Century: China's Century"

The inimitable Gerald.. lol

"Commercial Real Estate Collapse Triggering A Massive Wave Of Bankruptcies And Foreclosures"

Full screen highly recommended.
"Commercial Real Estate Collapse Triggering
 A Massive Wave Of Bankruptcies And Foreclosures"
by Epic Economist

Must Watch! “Horrific Market Crash Is Closer Than You Think; Bond Yield Rising; Weather Chaos; Silver Shortage”

Jeremiah Babe,
“Horrific Market Crash Is Closer Than You Think; 
Bond Yield Rising; Weather Chaos; Silver Shortage”

Musical Interlude: Yanni, “Standing in Motion" from "Live At The Acropolis"

Yanni, “Standing in Motion" from "Live At The Acropolis"
Full screen highly recommended.

"A Look to the Heavens"

“What makes this spiral galaxy so long? Measuring over 700,000 light years across from top to bottom, NGC 6872, also known as the Condor galaxy, is one of the most elongated barred spiral galaxies known.
The galaxy's protracted shape likely results from its continuing collision with the smaller galaxy IC 4970, visible just above center. Of particular interest is NGC 6872's spiral arm on the upper left, as pictured here, which exhibits an unusually high amount of blue star forming regions. The light we see today left these colliding giants before the days of the dinosaurs, about 300 million years ago. NGC 6872 is visible with a small telescope toward the constellation of the Peacock (Pavo).”

"Covid-19 Pandemic Updates 2/16/21"

"Covid-19 Pandemic Updates 2/16/21"
"When you have eliminated the impossible, 
whatever remains, however improbable, must be the truth."
- "Sherlock Holmes", Sir Arthur Conan Doyle
• "Doctor Admits Masks Don’t Work: “All Viruses Can Get Through”
 Feb 16, 2021 2:15 PM ET: 
The coronavirus pandemic has sickened more than 109,359,500 
people, according to official counts, including 27,768,334 Americans.
Globally at least 2,412,700 have died.

"The COVID Tracking Project"
Every day, our volunteers compile the latest numbers on tests, cases, 
hospitalizations, and patient outcomes from every US state and territory.
https://covidtracking.com/
Feb. 16, 2021, 8:06 AM ET
Where I Live:
2/16/2021: "Cases are very high but have decreased over the past two weeks. The numbers of hospitalized Covid patients and deaths in the Pinal County area have also fallen. The test positivity rate in Pinal County is very high, suggesting that cases are being significantly undercounted. We’ve recommended additional precautions below."
- CP
So far so good... Maybe.

"Acceptance..."

"Acceptance is a crucial step forward for those who prefer the idea of living this life over simply existing within it. Accept all that you've said and what you've done, because you cannot change your past. Accept the idea of the unknown, because the future is the unknown waiting patiently to reveal itself. Accept the person you have become thus far in your journey, because you are the only person who will be there with you when you finish it. Do all of this so that you may never find yourself having to accept regret that haunts you at two a.m., leaving you sweaty and broken hearted. All you have is this minute; not this hour, or this day, or this year. Live in this minute so that you won't get stuck simply existing with your guilty past, or with nothing but anxiety for the future."
- Margaret E. Rise

Gregory Mannarino, "The Fed. 'Does Not See Asset Bubbles!' AND Easy Money FOREVER!"


Gregory Mannarino, PM 2/16/21
"The Fed. 'Does Not See Asset Bubbles!'
 And Easy Money FOREVER!"

The Daily "Near You?"

Carballo, Galicia, Spain. Thanks for stopping by!

"Human Progress..."

"It is common to assume that human progress affects everyone - that even the dullest man, in these bright days, knows more than any man of, say, the Eighteenth Century, and is far more civilized. This assumption is quite erroneous. The great masses of men, even in this inspired republic, are precisely where the mob was at the dawn of history. They are ignorant, they are dishonest, they are cowardly, they are ignoble. They know little if anything that is worth knowing, and there is not the slightest sign of a natural desire among them to increase their knowledge."
- H. L. Mencken

"The Reason Why A Lot Of People Are Leaving San Francisco Might Surprise You"

"The Reason Why A Lot Of People Are Leaving
 San Francisco Might Surprise You"
by Michael Snyder

"Over the past year we have seen a mass exodus from major cities along the west coast, but what is happening to San Francisco is particularly sad. Once upon a time, San Francisco was one of the most beautiful cities on the entire planet. There is so much culture there, and the rolling hills make it a place like no other. And thanks to the tech boom in Silicon Valley, it has become one of the most prosperous cities in the whole country. So why have hordes of San Francisco residents decided to leave and never look back?

Well, there are a lot of factors at work. First of all, the cost of living has gotten wildly out of control. A postage stamp of an apartment will cost you thousands of dollars per month to rent, and a lot of people don’t like paying 17 dollars for a salad.

For others, the extremely high taxes and the insane politicians are more than enough of a reason to leave the state. The lockdowns that were instituted by Governor Gavin Newsom have destroyed thousands of small businesses, and many former small business owners have pledged that they will never go back to California under any circumstances.

In San Francisco in particular, open drug abuse in the streets has made headlines all over the globe in recent years. The streets are constantly littered with drug needles and piles of human feces, and that isn’t pleasant.

On top of everything else, there is always the threat of more wildfires and a giant earthquake could strike the coast at literally any moment. But none of those things are what this article is about. This article is about the huge spike in crime that is driving countless people away from San Francisco.

When he was able to get a job with a tech company four years ago, Kieran Blubaugh jumped at the chance to live in San Francisco, and at first everything seemed great… "Kieran Blubaugh dreamed of living in California when he was growing up in Indiana. He played the Tony Hawk Pro Skater video game and envisioned himself skateboarding down San Francisco’s crazy hills. After paying off his student loans four years ago, he landed a job with a tech company and moved to San Francisco. At first, life was heavenly. He had a seven-minute commute on his motorcycle. He could pay $30 to see Incubus, one of his favorite bands, a short walk from his apartment."

Unfortunately, his infatuation with the region did not last long. Even though he was located in a good part of the city, crime just kept getting worse and worse, and eventually he decided that enough was enough… "Soon, however, his California dream soured. Thieves broke into his locked garage and did $8,000 worth of damage to his motorcycle, doubling his insurance rates. His dog nearly died after eating human feces on the sidewalk. Seeing people either getting arrested or being treated for an overdose outside a nearby building was a regular occurrence. “And I live in a nice part of town,” said Blubaugh, 33."

With each passing year, the criminals just keep becoming even more brazen. Not too long ago, San Francisco resident Ben Couillard had someone watch his house while he was away, and that individual actually had to confront someone that was trying to break into the house…"He said the house sitter came face-to-face with the suspicious person who had turned his attention away from the vehicles and to the house. “So she saw him through the window and basically when she asked him, you know, ‘Can I help you?’ Like, what are you doing as he’s trying to break in? And he said to her, like, ‘Go upstairs, (expletive) or I’ll kill you.”

What would you do if that happened to you? You could call the San Francisco police, and they may or may not show up eventually. Meanwhile, the junkies will continue to roam throughout your neighborhood as they search for things to steal so that they can sell them for more drugs.

The other night, San Francisco officials held a “virtual town hall” to discuss the crime wave. Residents were told that criminals are starting to target residents more frequently because they don’t have many tourists to prey upon these days… "San Francisco Supervisor Hillary Ronen, District Attorney Chesa Boudin, and the captain of the police department overseeing the area, held a virtual town hall with residents of the community Wednesday night to address their concerns. They attribute what they say is an increase in crime to “economic desperation” and “tourism has gone down so substantially in San Francisco that criminal rings that targeted tourists in areas that tourists frequent no longer have tourists there,” said Supervisor Ronen."

Please remind me not to visit San Francisco as a tourist any time soon.

Sadly, we are seeing the exact same thing happen to San Francisco that has happened to countless other communities all across the nation. Like so many other major cities, it has become a crime-ridden, drug-infested hellhole, and this has happened even though northern California is swimming in hundreds of billions of dollars from the tech industry. After telling a reporter why he left the state, Kieran Blubaugh was asked how conditions in the state could be improved. This was his answer… “We need more police. There’s a general lawlessness that’s just scary.”

Isn’t that ironic? The “defund the police” movement has been pushing California cities such as San Francisco to greatly reduce police funding, but Blubaugh insists that the solution is more police.And Blubaugh is not exactly an elderly curmudgeon. In fact, he is just 33 years old.

Of course the phrase “general lawlessness” could be used to describe the condition of the United States as a whole. We have become an upside down society where good is evil and evil is good, and as a result we have totally lost our way. Unless we completely reverse course, the “general lawlessness” in our country is only going to intensify in the years ahead. But we aren’t going to reverse course, are we? At this point, we appear to have a national love affair with evil, and the consequences of that love affair are going to be very bitter indeed."

"'Extremely Dangerous' Weather, Grid Chaos Sparks Outages Across 15 US States, Spreads To Mexico"

"'Extremely Dangerous' Weather, Grid Chaos Sparks 
Outages Across 15 US States, Spreads To Mexico"
by Tyler Durden

Update (1415 ET): "Rolling blackouts and power outages have hit 15 states on Tuesday as a polar vortex dumps Arctic air into much of the country. According to PowerOutage.US, 15 states are experiencing rolling blackouts or outages because of extreme weather. Most of the outages are seen in Texas, with over 4 million customers without power (as of this update). 

Top Areas by Outages: 
• Texas 4,197,673
• Oregon 230,247
• Kentucky 144,615
• Louisiana 115,795
• West Virginia 95,737

The polar vortex will continue pouring frigid air into much of the country through this week. Temperature anomalies are well below normal, creating major power-grid chaos. The disruption has spilled over into Mexico, where the US has curbed natural gas exports, resulting in power stations grinding to a halt. 

OilPrice.com expands more on the chaos unfolding across Mexico's northern power grid: "The plummeting natural gas exports from the United States to Mexico amid an Arctic cold spell in the country that has led to a gas demand surge is causing blackouts in northern Mexico, with some 4.77 million households and businesses left without power on Monday.

Argus noted that most of the natural gas Mexico receives from the United States comes from the Permian, where the production of both oil and gas has been affected by the cold weather that has caused power outages across Texas. Oil wells are being shut down, and so are refineries along the Gulf Coast, Reuters reported earlier today, adding oil and gas pipeline operations were also disrupted by the weather."
Please view this complete article here:
Related:

"How It Really Is"


"Economic Market Snapshot AM 2/16/21"

"Economic Market Snapshot AM 2/16/21"
"Capitalism is the astounding belief that the most wickedest of men will
do the most wickedest of things for the greatest good of everyone."
- John Maynard Keynes
"Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!
Your guide:
Gregory Mannarino, AM 2/16/21

"Important Updates: Bitcoin Breaks 50k!

 Market Poised For New Record Highs

"The more I see of the monied classes, 
the better I understand the guillotine."
- George Bernard Shaw
MarketWatch Market Summary, Live Updates

CNN Market Data:

CNN Fear And Greed Index:
A comprehensive, essential daily read.
Feb 15th to 17th, Updated Daily 
Financial Stress Index
"The OFR Financial Stress Index (OFR FSI) is a daily market-based snapshot of stress in global financial markets. It is constructed from 33 financial market variables, such as yield spreads, valuation measures, and interest rates. The OFR FSI is positive when stress levels are above average, and negative when stress levels are below average. The OFR FSI incorporates five categories of indicators: credit, equity valuation, funding, safe assets and volatility. The FSI shows stress contributions by three regions: United States, other advanced economies, and emerging markets."
Daily Job Cuts

The Poet: Anne Sexton, "Courage"

"Courage"

"It is in the small things we see it.
The child's first step,
as awesome as an earthquake.
The first time you rode a bike,
wallowing up the sidewalk.
The first spanking when your heart
went on a journey all alone.
When they called you crybaby
or poor or fatty or crazy
and made you into an alien,
you drank their acid
and concealed it.

Later,
if you faced the death of bombs and bullets
you did not do it with a banner,
you did it with only a hat to
cover your heart.
You did not fondle the weakness inside you
though it was there.
Your courage was a small coal
that you kept swallowing.
If your buddy saved you
and died himself in so doing,
then his courage was not courage,
it was love; love as simple as shaving soap.

Later,
if you have endured a great despair,
then you did it alone,
getting a transfusion from the fire,
picking the scabs off your heart,
then wringing it out like a sock.
Next, my kinsman, you powdered your sorrow,
you gave it a back rub
and then you covered it with a blanket
and after it had slept a while
it woke to the wings of the roses
and was transformed.

Later,
when you face old age and its natural conclusion
your courage will still be shown in the little ways,
each spring will be a sword you'll sharpen,
those you love will live in a fever of love,
and you'll bargain with the calendar
and at the last moment
when death opens the back door
you'll put on your carpet slippers
and stride out."

~ Anne Sexton

"And I Ask..."

 

Monday, February 15, 2021

"Texas Deploys National Guard As 'Grid Chaos' Leaves Millions Freezing In Darkness"

 "Texas Deploys National Guard 
As 'Grid Chaos' Leaves Millions Freezing In Darkness"

Update (1612 ET): "The Southwest Power Pool (SSP), which manages the electric grid and wholesale power market for the central US, including Kansas, Oklahoma, portions of New Mexico, Texas, Arkansas, Louisiana, South Dakota, North Dakota, Montana, Missouri, Minnesota, Iowa, Wyoming, and Nebraska, released an update Monday afternoon saying 17 states have "curtailed energy usage to balance supply and demand." Frigid air continues to pour into the central US, overwhelming power grids, forcing operators to implement rolling blackouts like a third world country.
"America's power grid is in shambles."
"Oncor Electric Delivery, Texas's largest transmission and electric distribution utility, serving more than ten million customers, released a rather disturbing statement Monday morning warning about extended rolling blackouts as temperatures hover around zero. So... no power for hours with temperatures at 3F."
Please view this complete article here: