Monday, June 7, 2021

"Economic Market Snapshot AM 6/7/21"

"Economic Market Snapshot AM 6/7/21"
"Capitalism is the astounding belief that the most wickedest of men will
do the most wickedest of things for the greatest good of everyone."
- John Maynard Keynes
"Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!
Your guide:
Gregory Mannarino, AM 6/7/21:
"Expect A Full Blown Currency Crisis By Design;
Important Updates"
"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.
June 6th to 8th, 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
Commentary, highly recommended:
And now, the End Game...
Oh yeah...

Sunday, June 6, 2021

"Jeremy Grantham Warns Day of Reckoning Will Bust Housing Bubble & Lead To A Catastrophic Crash!"

Full screen recommended.
"Jeremy Grantham Warns Day of Reckoning Will 
Bust Housing Bubble & Lead To A Catastrophic Crash!"
by Epic Economist

"The U.S. housing market is headed to an epic crash, and at this point, those who don't know it already are essentially the ones who want to believe things will be different this time. Deep down, they do know that this euphoria can't go on forever, and prices will eventually have to face a sharp correction. Just like the vast majority of frenzied market booms we have seen throughout history, this one will also end up in a catastrophic bust. However, in recent days, bubble deniers have been persistently arguing that market conditions are 'normal' and buyers shouldn't worry about the enormous imbalances, which, in fact, are getting worse by the day. And many people seem to be believing in what they say despite the growing risks and, of course, the exorbitant prices.

For months, we have been reporting how the pace of home price appreciation has become completely unsustainable. We have shown you updated statistics, indicators, rates, and charts. We have exposed several pieces of evidence that prove a housing market crash is just a matter of time. But in times when homebuyers and investors have been so entranced by the prospect of future gains, overlooking potential consequences seem to have become their new natural response. That's why, for this video, we decided to bring some light to the word of those who have seen it all happening before and are now telling us that all of it is going to happen once again. Those who have learned from experience. Veterans inside financial markets who know how cycles work. They have warned us of major financial disasters in the past and are echoing similar grim warnings today.

A very alarming statement that made the headlines recently came from no one less than the CEO of the largest bank in the entire country. JPMorgan's Jamie Dimon, who has also worked on the board of directors of the Federal Reserve and knows better than anyone when things are starting to spiral out of control. During a Senate hearing last week, Senator Jon Tester asked Dimon if we were in a housing bubble. And Dimon was the only big bank CEO to outright say that yes, there is a bubble and the housing boom may be getting out of hand. He then added that today's conditions are different from the ones that led to the housing crash of 2008, but current prices expose the "frothy" environment.

Whenever big executives start to bluntly admit that the outlook is worrying, we can tell that the market frenzy is about to turn into an investor nightmare. On the same note, the legendary investor who called the dot-com bubble and the 2008 financial crisis is saying that the state of today's housing market resembles a lot to what he saw back then. Jeremy Grantham, who co-founded the asset-management firm GMO, said that real-estate bubbles were popping up in almost every market and that a "day of reckoning" is looming. Speaking at the Morningstar Investment Conference Australia, Grantham, who also agrees the government's monetary policies have led to the formation of "The Everything Bubble", argued that the enormous increases in housing prices are simply not sustainable. "This time you look around and you find the real estate is suddenly pretty bubbly in every market," he said. "You can't keep an asset class like housing, where the house doesn't change, and you're just marking it up in real terms year after year. Eventually there'll be a day of reckoning.”

When Grantham speaks, the market listens, and he believes the U.S. markets are on the brink of a catastrophic meltdown, especially considering that they risk crashing at the same time. Grantham has clanged the warning bells for Doomsday one more time, affirming that markets have until the end of the vaccine rollout before bubbles burst. He shared four indicators that are lining up to what could be "the biggest loss of perceived value from assets that we have ever seen". Perhaps, more importantly, Grantham reminds us that "bubbles don’t always burst alike". Just because the macro picture is different doesn't mean that we shouldn't worry about how extensive the bubble has become. As Grantham warned: "the problem with a bubble is not that you don’t realize you’re in it - it’s that you don’t realize when it’s game over". We can only recommend you to watch the next market events very closely because a major financial catastrophe is on the horizon - and one single burst could set off a cascade of other crashes and systemic failures, plunging the entire country into an economic depression much worse than what was in in 1929 and leading to the biggest collective loss of wealth in our entire history."

Musical Interlude: 2002, "Memory of the Sky"

Full screen recommended.
2002, "Memory of the Sky"

"A Look to the Heavens"

“You may have heard of the Seven Sisters in the sky, but have you heard about the Seven Strong Men on the ground? Located just west of the Ural Mountains, the unusual Manpupuner rock formations are one of the Seven Wonders of Russia. How these ancient 40-meter high pillars formed is yet unknown.
The persistent photographer of this featured image battled rough terrain and uncooperative weather to capture these rugged stone towers in winter at night, being finally successful in February of last year. Utilizing the camera's time delay feature, the photographer holds a flashlight in the foreground near one of the snow-covered pillars. High above, millions of stars shine down, while the band of our Milky Way Galaxy crosses diagonally down from the upper left.”

The Poet: Margaret Atwood, "The Moment"

"The Moment"

"The moment when, after many years
of hard work and a long voyage
you stand in the centre of your room,
house, half-acre, square mile, island, country,
knowing at last how you got there,
and say, I own this,
is the same moment when the trees unloose
their soft arms from around you,
the birds take back their language,
the cliffs fissure and collapse,
the air moves back from you like a wave
and you can't breathe.

No, they whisper. You own nothing.
You were a visitor, time after time
climbing the hill, planting the flag, proclaiming.
We never belonged to you.
You never found us.
It was always the other way round."

- Margaret Atwood
"Morning in the Burned House"

"Isochronic Tones: Cognition Enhancer For Clearer and Faster Thinking"

"Isochronic Tones: 
Cognition Enhancer For Clearer and Faster Thinking"
by Jason Lewis

“HEADPHONES REQUIRED – Note: As this session stimulates each ear with different frequencies, you will need to use headphones to experience the full effect. Alternative background sounds available on Mp3 here: Orchestral, Hybrid, World Music, Rain, Brown Noise.

What does this track do? This session stimulates Beta, SMR and Alpha, alternating in 2 minute increments to help keep the user relaxed and engaged. Note: SMR (sensorimotor rhythm) relates to the frequency range between 12 – 15Hz. It’s associated with sensory processing and motor control. Stimulating this can result in relaxed focus and improved attention. This session is meant to speed up the brain while keeping the left hemisphere dominant (good for attention, concentration and reducing emotional response and hyperactivity). ADD and similar disorders are often characterized by “slow-wave” EEG patterns, particularly in the left frontal region. As such, this session stimulates the left brain hemisphere with Beta frequencies and the right with SMR.

Can it be used to help with studying and if so, when should you listen to it? Yes, it can be helpful to use while studying, and if you read through the many comments about this track, you’ll see that many people have successfully used it for studying. You can either listen to it while you are studying, to get your brain into a good mental state when you need it. Or if you are someone that gets a bit distracted by music while studying, listen to it just before you begin.

How Loud Should The Volume Be? There is varying advice and opinions on the impact of volume with brainwave entrainment, with some saying the louder it is the more impact it has. From my own experience, my advice is to play it at a volume level you feel comfortable with. The main thing to consider is that it should be loud enough to hear the repetitive isochronic tones, so you don’t want it so quiet you can hardly hear them. But you also don’t want it so loud that its uncomfortable for you. Somewhere in the middle is my recommendation.

Use this session in the morning or afternoon, to train your brain for better cognition, such as clearer and faster thinking. You can either sit somewhere quiet and comfortable with your eyes closed and give your brain a nice workout, or you can also listen to this while doing an activity that requires a boost in concentration, like studying.

How long should you listen for to get a good effect? It takes around 6 minutes for your brainwaves to fall in step with the tones and become entrained. It then takes time to be guided along the frequency range used in the track. Listening to about half way through is the minimum in my opinion, but 30 minutes is the optimum and preferred length to listen for.

IMPORTANT RECOMMENDATIONS:
• Drink some water – Make sure you are well hydrated before listening to brainwave entrainment.
WHY? Your brain is made up of around 75% water, so it needs plenty of water to function well. When you stimulate your brain in this way, you’re increasing electrical activity and blood flow in the brain and giving your brain a good workout, so it can be a good idea to drink before listening, so that your brain can fire on all cylinders.

• It is not recommended to listen to this while driving or operating machinery.
WHY? Brainwave entrainment involves a process of stimulating your brainwaves and changing your mental state. While this is safe to do and use in normal situations, it can sometimes zone you out during the track, as you focus in on the sound of the tones. This could result in you being distracted temporarily, which is not a good thing while you’re driving or operating machinery. Some people also experience tingling and other sensations from the stimulation. While that might feel quite nice sitting in a comfortable chair at home, it could cause you to be distracted while driving and result in an accident.

• It is not recommended to listen to this while under the influence of drugs or alcohol, or any mind altering substance.
WHY? When your brain is under the influence of drugs or alcohol it’s not operating to it’s full capacity, and you react differently to stimulation and situations, compared to when you are sober. So as a precaution and because I don’t know how you will react in that situation, I recommend you do not use it in that situation.

• Who should NOT listen to this audio? Those who should not listen to this video/audio include: Those who are prone to or have had seizures, epilepsy, pregnant or wear a pacemaker should NOT listen to this video/audio.
WHY? There is insufficient research data in this area, so as a precaution, if you are among the categories listed above, I would recommend you consult a doctor or medical professional before listening to this video/audio.”

The Daily "Near You?"

Mustang, Oklahoma, USA. Thanks for stopping by!

Gregory Mannarino, AM 6/6/21: "Markets, A Look Ahead: Important Updates"

Gregory Mannarino, AM 6/6/21: 
"Markets, A Look Ahead: Important Updates"

"‘We Made a Big Mistake’ - COVID Vaccine Spike Protein Travels From Injection Site, Can Cause Organ Damage"

"‘We Made a Big Mistake’ - COVID Vaccine Spike Protein
 Travels From Injection Site, Can Cause Organ Damage"
by Megan Redshaw

"COVID vaccine researchers had previously assumed mRNA COVID vaccines would behave like traditional vaccines. The vaccine’s spike protein - responsible for infection and its most severe symptoms - would remain mostly in the injection site at the shoulder muscle or local lymph nodes. But new research obtained by a group of scientists contradicts that theory, a Canadian cancer vaccine researcher said last week.

“We made a big mistake. We didn’t realize it until now,” said Byram Bridle, a viral immunologist and associate professor at University of Guelph, Ontario. “We thought the spike protein was a great target antigen, we never knew the spike protein itself was a toxin and was a pathogenic protein. So by vaccinating people we are inadvertently inoculating them with a toxin.”

Bridle, who was awarded a $230,000 grant by the Canadian government last year for research on COVID vaccine development, said he and a group of international scientists filed a request for information from the Japanese regulatory agency to get access to Pfizer’s “biodistribution study.”

Biodistribution studies are used to determine where an injected compound travels in the body, and which tissues or organs it accumulates in. “It’s the first time ever scientists have been privy to seeing where these messenger RNA [mRNA] vaccines go after vaccination,” Bridle said in an interview with Alex Pierson where he first disclosed the data. “Is it a safe assumption that it stays in the shoulder muscle? The short answer is: absolutely not. It’s very disconcerting.”

The Sars-CoV-2 has a spike protein on its surface. That spike protein is what allows it to infect our bodies, Bridle explained. “That is why we have been using the spike protein in our vaccines,” Bridle said. “The vaccines we’re using get the cells in our bodies to manufacture that protein. If we can mount an immune response against that protein, in theory we could prevent this virus from infecting the body. That is the theory behind the vaccine.

However, when studying the severe COVID-19, […] heart problems, lots of problems with the cardiovascular system, bleeding and clotting, are all associated with COVID-19,” he added. “In doing that research, what has been discovered by the scientific community, the spike protein on its own is almost entirely responsible for the damage to the cardiovascular system, if it gets into circulation.”

When the purified spike protein is injected into the blood of research animals, they experience damage to the cardiovascular system and the protein can cross the blood-brain barrier and cause damage to the brain, Bridle explained.

The biodistribution study obtained by Bridle shows the COVID spike protein gets into the blood where it circulates for several days post-vaccination and then accumulates in organs and tissues including the spleen, bone marrow, the liver, adrenal glands and in “quite high concentrations” in the ovaries. “We have known for a long time that the spike protein is a pathogenic protein, Bridle said. “It is a toxin. It can cause damage in our body if it gets into circulation.”

A large number of studies have shown the most severe effects of SARS-CoV-2, the virus that causes COVID, such as blood clotting and bleeding, are due to the effects of the spike protein of the virus itself.

A recent study in Clinical and Infectious Diseases led by researchers at Brigham and Women’s Hospital and the Harvard Medical School measured longitudinal plasma samples collected from 13 recipients of the Moderna vaccine 1 and 29 days after the first dose and 1-28 days after the second dose. Out of these individuals, 11 had detectable levels of SARS-CoV-2 protein in blood plasma as early as one day after the first vaccine dose, including three who had detectable levels of spike protein. A “subunit” protein called S1, part of the spike protein, was also detected.

Spike protein was detected an average of 15 days after the first injection, and one patient had spike protein detectable on day 29 - one day after a second vaccine dose - which disappeared two days later. The results showed S1 antigen production after the initial vaccination can be detected by day one and is present beyond the injection site and the associated regional lymph nodes. Assuming an average adult blood volume of approximately 5 liters, this corresponds to peak levels of approximately 0.3 micrograms of circulating free antigen for a vaccine designed only to express membrane-anchored antigen.

In a study published in Nature Neuroscience, lab animals injected with purified spike protein into their bloodstream developed cardiovascular problems. The spike protein also crossed the blood-brain barrier and caused damage to the brain. It was a grave mistake to believe the spike protein would not escape into the blood circulation, according to Bridle. “Now, we have clear-cut evidence that the vaccines that make the cells in our deltoid muscles manufacture this protein - that the vaccine itself, plus the protein - gets into blood circulation,” he said.

Bridle said the scientific community has discovered the spike protein, on its own, is almost entirely responsible for the damage to the cardiovascular system, if it gets into circulation. Once in circulation, the spike protein can attach to specific ACE2 receptors that are on blood platelets and the cells that line blood vessels, Bridle said. “When that happens it can do one of two things. It can either cause platelets to clump, and that can lead to clotting - that’s exactly why we’ve been seeing clotting disorders associated with these vaccines. It can also lead to bleeding,” he added.

Both clotting and bleeding are associated with vaccine-induced thrombotic thrombocytopenia (VITT). Bridle also said the spike protein in circulation would explain recently reported heart problems in vaccinated teens. Stephanie Seneff, senior research scientists at Massachusetts Institute of Technology, said it is now clear vaccine content is being delivered to the spleen and the glands, including the ovaries and the adrenal glands, and is being shed into the medium and then eventually reaches the bloodstream causing systemic damage. “ACE2 receptors are common in the heart and brain,” she added. “And this is how the spike protein causes cardiovascular and cognitive problems.”

Dr. J. Patrick Whelan, a pediatric rheumatologist, warned the U.S. Food and Drug Administration (FDA) in December mRNA vaccines could cause microvascular injury to the brain, heart, liver and kidneys in ways not assessed in safety trials. In a public submission, Whelan sought to alert the FDA to the potential for vaccines designed to create immunity to the SARS-CoV-2 spike protein to instead cause injuries. Whelan was concerned the mRNA vaccine technology utilized by Pfizer and Moderna had “the potential to cause microvascular injury (inflammation and small blood clots called microthrombi) to the brain, heart, liver and kidneys in ways that were not assessed in the safety trials.”
Related:

"How It Really Is"

 

Saturday, June 5, 2021

“Disturbing Signs Point To Big Trouble; Economy Melting Down; Venice Beach Homeless”

Full screen recommended.
Jeremiah Babe,
“Disturbing Signs Point To Big Trouble; 
Economy Melting Down; Venice Beach Homeless”
Related:
“LA is Starting to Look Post-Apocalyptic”
by IWB
"It is difficult to comprehend how truly apocalyptic the homeless 
epidemic in Los Angeles is unless you see it with your own eyes." 
View video here:

Musical Interlude: 2002, "Secret Shores"

Full screen recommended.
2002, "Secret Shores"

"A Look to the Heavens"

“Can the night sky appear both serene and surreal? Perhaps classifiable as serene in the below panoramic image are the faint lights of small towns glowing across a dark foreground landscape of Doi Inthanon National Park in Thailand, as well as the numerous stars glowing across a dark background starscape. Also visible are the planet Venus and a band of zodiacal light on the image left.
Unusual events are also captured, however. First, the central band of our Milky Way Galaxy, while usually a common site, appears here to hover surreally above the ground. Next, a fortuitous streak of a meteor was captured on the image right. Perhaps the most unusual component is the bright spot just to the left of the meteor. That spot is the plume of a rising Ariane 5 rocket, launched a few minutes before from Kourou, French Guiana. How lucky was the astrophotographer to capture the rocket launch in his image? Not lucky at all- the image was timed to capture the rocket. What was lucky was how photogenic- and perhaps surreal- the rest of the sky turned out to be.”

"Making Your Best Guess"

"Making Your Best Guess"
by Arthur Silber

"We are not gods, and we are not omniscient. We cannot foretell the future with certainty. Most often, cultural and political changes are terribly complex. It can be notoriously difficult to predict exactly where a trend will take us, and we can be mistaken. We do the best we can: if we wish to address certain issues seriously, we study history, and we read everything that might shed light on our concerns. We consult what the best thinkers of our time and of earlier times have said and written. We challenge everyone's assumptions, including most especially our own. That last is often very difficult. If we care enough, we do our best to disprove our own case. In that way, we find out how strong our case is, and where its weaknesses may lie.

Barring extraordinary circumstances, we cannot be certain that a particular development represents a critical turning point at the time it occurs. If we dare to say, "This is the moment the battle was lost," only future events will prove whether we were correct. We do the best we can, based on our understanding of how similar events have unfolded in the past, and in light of our understanding of the underlying principles in play. We can be wrong."

"COVID, Learned Helplessness, And Control"

"COVID, Learned Helplessness, And Control"
by Peter Van Buren

"In the post-vaccination era, why don’t people remove their masks? Learned helplessness, employed as a control tool.

Learned helplessness is well-documented. It takes place when an individual believes he continuously faces a negative, uncontrollable situation and stops trying to improve his circumstances, even when he has the ability to do so. Discovering the loss of control elicits a passive reaction to a harmful situation. Psychologists call this a maladaptive response, characterized by avoidance of challenges and the collapse of problem-solving when obstacles arise. You give up trying to fight back.

An example may help: you must keep up with ever-changing mask and other hygiene theatre rules, many of which make no sense (mask in the gym, but not the pool; mask when going to the restaurant toilet but not at your table, NYC hotels are closed while Vegas casinos are open, Disney California closed while Disney Florida was open) and comply. You could push back, but you have been made afraid at a core level (forget about yourself rascal, you’re going to kill grandma if you don’t do what we say) and so you just give in. Once upon a time we were told a vaccine would end it all, yet the restrictions remain largely in place. You’re left believing nothing will fix this. Helpless to resist, you comply “out of an abundance of caution.”

American psychologists Martin Seligman and Steven Maier created the term “learned helplessness” in 1967. They were studying animal behavior by delivering electric shocks to dogs (it was a simpler time.) Dogs who learned they couldn’t escape the shock simply stopped trying, even after the scientists removed a barrier and the dog could have jumped away.

Learned helplessness has three main features: a passive response to trauma, not believing that trauma can be controlled, and stress. Example: you are being stalked by a killer disease which often has no outward symptoms. There is nothing you can do but hide inside and buy things from Amazon. The government failed to stop the virus initially, failed to warn you, failed to supply ventilators and PPE gear, and failed to produce a vaccine quick enough. You may die. You may kill your family members along the way. You have lost your job by government decree and are forced to survive on unemployment and odd stimulus check, manufactured dependence. It is all very real: WebMD saw a 251 percent increase in searches for anxiety this April.

Americans, with their cult-like devotion to victimhood, are primed for learned helplessness. Your problems are because you’re a POC, or fat, or on some spectrum. You are not responsible, can’t fix something so systemic, and best do what you are told.

The way out is to allow people to make decisions and choices on their own. This therapy is used with victims of learned helplessness such as hostages. During their confinement all the important decisions of their life, and most of the minor ones, were made by their captors. Upon release, many hostages fear things as simple as a meal choice and need to be coaxed out of helplessness one micro-choice at a time.

Example: you cannot choose where to stand, so follow the marks on the floor. Ignore the research saying three feet apart is as useful/useless as six feet apart. Don’t think about why the rules are the same inside a narrow hallway and outside in the fresh air but don’t apply at all on airplanes.

Kin to learned helplessness are enforcers. Suddenly your waitress transitions from someone serving you into someone ordering you to wear a mask, sit alone, eat outside, etc. Flight attendants morph from delivering drinks to holding the power to have security haul you to jail for unmasking when not actively eating. Companies once run by entrepreneurs are today controlled by the harassment stalking undead from HR. We’ve become a republic of hall monitors. And there it is. The wrong people are in charge.

One of the better examples of learned helplessness is "One Flew Over the Cuckoo’s Nest", a great book made into an impressive movie starring a lean Jack Nicholson. Nurse Ratched cows a group of mentally ill men into complete learned helplessness, encouraging them to rat each other out for small offenses, and to follow her every order no matter how absurd. The kicker comes near the end when we learn all of the men (except Nicholson) are free to leave the hospital at any time. They just… can’t.

It is amazing how fast people stepped into the Nurse Ratched roll. Within moments of COVID’s arrival in the national conscience, officials like California’s Gavin Newsom, and New York’s power bottom twins Andrew Cuomo and Bill De Blasio raced to assume dictatorial emergency powers. They spent not one moment assessing the impact of their decisions to lock down against the effects of the lockdown. They ignored information questioning the value of lockdown. They turned topsy-turvy the idea in a free society the burden of proof is on those who would restrict freedom and not on those who resist such restrictions.

They were aided in manufacturing learned helplessness by the most sophisticated propaganda operation ever created. Already engorged with the coin of three years of fake news, the legacy media saw the value of a new crisis toward their two real goals: make as much money as possible garnering clicks, and defeating Donald Trump. Previous shows, Russiagate with a hat tip to 9/11 when Americans demanded fewer freedoms to feel safer, illustrated the way. On a 24/7 basis America were injected: you are helpless and Donald “COVID” Trump will kill you. Your only hope is to comply fully with the people at CNN who are administering the electric shocks.

Truth is useless to propagandists, actually a threat. Look at what turned out to be false (in addition to Russiagate): we never ran out of ventilators or PPE or nurses or ICU beds or morgues. Masks were not really needed outdoors. We did in fact develop a vaccine, several in fact, in less than a year. Almost everyone who died was elderly or had serious comorbidities but we salivated over “new case numbers” as the primary metric anyway because they went up so much faster. When people questioned the real world view against the media portrayal, they were told about “asymptomatic COVID” or shunned as hoaxers. Everyone makes mistakes. But just as with Russiagate, all the media mistakes swung one way.

It worked. Condo boards boarded up their gyms. Restaurants forced diners to eat outside in the rain. Entire industries, such as tourism and hospitality, disappeared overnight. New groups were shoved into poverty and unemployment. Children were denied education, criminals released from jails. People were told not to hug their loved ones. Saving Grandma meant she died untouched in a hospital room. The government denied you the chance to say one final goodbye to the person who raised you and you didn’t fight back? Now that’s control.

Every time a bit of dissenting information popped up - Florida opening its beaches for Spring Break, for example - the media rushed in to declare everyone was gonna die. Texas was declared dead, South Dakota was declared dead, and Americans believed it all even when reports of survivors started drifting out of Disney World. Learned helplessness is hard to unlearn. One Harvard professor explains our brains evolved to encode fear so well, it’s hard to turn off.

Americans are not comfortable accepting their lives being manipulated at this level, the way for example many Russians assume it to be so. We tend to dismiss such things as conspiracy theories and make an Oliver Stone joke. But ask yourself how many of the temporary security and surveillance measures enacted after 9/11 are still controlling our lives almost 20 years later. Is the terror threat still so real the FBI needs to monitor our social media in bulk? Was it ever?

Nothing here is to say vaccines don’t work, or are themselves dangerous. That’s another debate. This is about the politics of mass control. Add up the “doesn’t really make sense but we do it anyway” COVID rules and try to make sense of them. Why would otherwise smart leaders implement such rules, for example in New York’s case, purposely impoverishing a city or seeking to defund the police in the midst of triple digit rises in crime? Every time your answer is “it just doesn’t make sense” consider a scenario beyond coincidence where it would make sense however out there that might be. It might be the most important thing you can do.

Then look out the window. Remember “10 days to flatten the curve?” With no voting or debate, a system based on a medical procedure capable of controlling our travel, which businesses we can visit, which hotels we can stay in, what jobs we can hold, what education we can access, at which point it is no more “voluntary” than breathing, was put into place. We no longer need to ask what is happening. The real question is always why."

"College Towns Are Not Immune From An Economic Collapse"

Full screen recommended.
Dan, IAllegedly,
"College Towns Are Not Immune From An Economic Collapse"
"I traveled to Arizona to the Tempe area. Even college towns are not immune to the economic devastation that is affecting other cities. I show you some of the sites as we tour the city."

The Daily "Near You?"

Montreal, Quebec, Canada. Thanks for stopping by!

"Why The Other Side Won’t Listen to Reason"

"Why The Other Side Won’t Listen to Reason"
by David Cain

"At some point during your first year as a human being, the adults throw a real curveball at you. They expect you to start understanding what right and wrong mean. These lessons come in the form of mysterious reactions that follow certain things you do. After you pull all the books from the bottom shelf onto the floor, quite a feat for a one year-old, they scold you for some reason. When you pee in the correct place, they praise you. It’s completely baffling, but over time you get a sense that adults are extremely preoccupied with classifying actions into two broad categories: okay and not okay, or good and bad.

You quickly gather this is how the world works. And there is some logic behind what’s rewarded and what’s punished: “bad” actions are usually (but not always) ones that hurt, annoy or inconvenience other people, and “good” actions usually (not always) help in some way, or at least don’t hurt anyone.

This classification system is so strongly emphasized by the adults that you develop a keen sense of it yourself. You see rights and wrongs everywhere, particularly where you stand to gain or lose something personally: in the fair distribution of treats, in acknowledgement for chores done, in which cartoon characters deserve to be happy (or in a police wagon) at the end of the episode. 

Seemingly everything is morally relevant. There are right and wrong ways to speak, play, fidget, ask for things, touch people, and express your feelings. The rules are endlessly detailed and idiosyncratic. There are right and wrong places to sit or stand, things to wear, things to stare at, even expressions to have on your face. Some acts are okay in one place and very bad somewhere else. The adults insist that navigating this sprawling bureaucracy is simple: just be good.

You make use of this system. You argue your case to your parents when your sibling takes something of yours, or plays with a coveted toy too long—if you feel slighted, there must be wrongdoing, and you say so, perhaps listing reasons why you’re right. You petition teachers to take action against other kids who are being greedy, annoying, or mean, and you defend yourself when you’re the one being accused.

There’s Something Fishy About the Way We Judge: By adulthood, morality has become such an intuitive part of our thinking that we barely realize when we’re making a moral judgment.

Hundreds or thousands of times a day we assess the character of another person. We feel we know enough to commend or condemn (usually condemn) a person from the way they park, a word they chose to use in their comment, the state of their front lawn, how they stand in a queue, what they laugh at, where and when they look at their mobile phones, how long they take to get to the point of their anecdote, or any of ten thousand other morally salient micro-actions.

Our moral sense works with great speed and force. Every news article - even the headline alone -gives us a strong, immediate, and seemingly unmistakable sense of which are the good and bad parties involved. Virtually every time we feel annoyed, we reflexively assert some wrongdoing on the part of another human being, even if it’s someone we’ve never seen. If service is slow, some employee is being lazy or inconsiderate. If traffic is crawling it’s because the city always schedules construction work at such stupid times. If an item’s price is unexpectedly high, some greedy CEO is getting paid too much.

There’s something fishy about all this moralizing. We treat our moral feelings and judgments as though they’re truly all-important; seemingly, nothing deserves as much energy and attention as determining the right and wrong of everything done and said in the human world, and lamenting that world’s failure to meet our idea of what’s right. (For endless examples, just check Twitter.) Yet for all their importance, we’re extremely flippant with our moral judgments. We make them all day long, with ease and even a kind of pleasure, and very little second-guessing. Maddeningly, other people have almost perfectly opposite positions on the same moral issues - drug policy, immigration, pornography, whether mayo belongs in guacamole - and they cast their judgments with the all the same ease and certitude.

You’d think that if determining right and wrong were truly what’s important to us, we’d be far more careful about making judgments. We’d want to gather a lot of information before saying anything. We’d seek opposing viewpoints and try to understand them. We’d offer people the benefit of the doubt whenever possible. We’d be very wary of our initial emotions around the topic, and very interested in how our personal interests might be skewing our conclusions. We’d refrain from making conclusions at all if we didn’t need to.

In other words, we’d employ the same reserved, dispassionate, self-scrutinizing ethic we use to examine questions about anything else: physics, history, biology, engineering, business, or any other arena of understanding where premature conclusions can create a big problem. We’d have a keen, ongoing interest in learning how we might be wrong.

But we’re not like this at all. We make moral conclusions freely, immediately, and without self-scrutiny, recruiting as much emotional tilt as possible. We dismiss counterpoints reflexively, as though it’s dangerous to even consider changing our minds. We only rarely admit that an issue is too opaque or complex to be sure what to think.

Why are we so smart and careful when it comes to figuring things out in most areas of inquiry, and so dumb and impulsive when it comes to moral questions, which are supposedly the most important ones to get right?

Why We’re So Stubborn: Social psychologist Jonathan Haidt sheds a lot of light on our confused moral psychology in his book, "The Righteous Mind: Why Good People Are Divided By Politics and Religion."  It’s a fascinating read, but the main punchline is that our moral sensitivity didn’t evolve in order to make us good at determining right and wrong. It evolved to help us survive and thrive in highly social environments.

Our moral feelings are quick and reactive because they developed to aid us in real-time social interactions, not in careful, solitary periods of reflection. These feelings are often conflicting and illogical because they adapted to meet a number of different social goals:

• Our desire to protect the vulnerable, and our hatred for cruelty and carelessness, adapted to motivate us to keep children safe at all costs, and keep potentially dangerous people away
• Our resentment for cheating and unfairness adapted to help us avoid getting exploited by the rest of our group
• Our respect for loyalty, and our fear of betrayal, evolved to help us form coalitions, and identify disloyal people before they make trouble
• Our attitudes towards authority, and those who subvert it, conferred an advantage at positioning ourselves within social hierarchies
• Our moralizing around cleanliness and the sanctity of bodies, sex, and bodily functions, adapted to help us avoid infection and disease 
• It’s no wonder our moral intuitions are so strong, quick and often thoughtless. They are essentially survival reflexes, conditioned by our upbringing and our instincts.

Our moral reasoning - our capacity to explain why something is right or wrong - comes only after our emotional intuitions, if at all, and is tuned for persuading others of our value to the tribe, not for helping us find the most sensible moral stances. Haidt describes our moral reasoning as working much like a press secretary or company spokesperson - its purpose is to justify positions and actions already taken, using any explanation that sounds passably good in the moment, true or not.

Note that none of the above social goals require our moral feelings to be fair or logically sound, and in fact, that can be disadvantageous - a tribe that viewed all outsiders as predators likely would have protected its children better than a tribe that was most concerned with never falsely accusing someone of being dangerous.

In other words, our moral intuitions are strongly tuned to make us groupish and tribal, not even-handed and insightful. And our moral reasoning is tuned more for soliciting approval from others than for actually discovering moral truths.

This explains why we’re so susceptible to rhetoric, prejudice, selective hearing, and fake news. It also explains why it’s strangely pleasurable to take hard moral stands, no matter how poor or nonexistent the reasoning behind them - hard stands, declared publicly, reliably generate a small flood of praise and approval from the tribe that shares those positions.

You can see what a powder keg this moral psychology is liable to create in an increasingly global, internet-connected society, composed of people from many different backgrounds, all of whom enjoy getting Retweeted, Liked, and Favorited.

It’s why, when it comes to politics, the other side simply doesn’t listen to reason. Of course, all of us are on someone’s other side."

"Never, Ever Forget..."

"Never, ever forget that nothing in this life is free. Life demands payment in some form for your "right" to express yourself, to condemn and abuse the evil surrounding us. Expect to pay... it will come for you, they will come for you, regardless. Knowing that, give them Hell itself every chance you can. Expect no mercy, and give none. That's how life works. Be ready to pay for what you do, or be a coward, pretend you don't see, don't know, and cry bitter tears over how terrible things are, over how you let them become."
- Ernest Hemingway, "For Whom the Bell Tolls "

"How It Really Is"

 

Related:


Friday, June 4, 2021

Greg Hunter, "Weekly News Wrap-up for 6/4/21"

"Weekly News Wrap-up for 6/4/21"
By Greg Hunter’s USAWatchdog.com

"It’s not a stretch to say Dr. Anthony Fauci, head of the National Institute of Allergy and Infectious Diseases (NIAID), lied and people died. It’s now been revealed, through release of Dr. Fauci’s emails, that he lied about the virus escaping from a lab in China. Even Fauci’s own boss, Dr. Francis Collins (Head of the NIH) admitted that tax dollars paid for virus experiments in Wuhan, China. There were even more lies exposed with the emails that stopped people from getting treatment that would have saved lives. Now, many are calling for his firing and some for criminal prosecution. Fauci said Hydroxychloroquine (HCQ) was not effective in treating CV19 and was dangerous for treating it when the exact opposite was true. Peer reviewed science says HCQ is effective when given early on, and it was very safe. Look for Fauci to be out of a job by the end of the month.

The election audit in Maricopa County, Arizona, is 60% finished. The audit is looking at the 2.1 million ballots from the 2020 election, and now other states, such as Pennsylvania and Georgia, are looking at Arizona to see how it’s being done. This election audit wave is not going to be stopped, and it appears to be picking up steam.

It looks like the public is finally seeing the inflation genie being released out of the bottle. It’s not going to be easy to put it back in. Everything is now going up in price, and you can see it in food, energy, shipping and even in the price of precious metals. The dollar is under pressure, and foreign countries like Russia are dropping the buck to buy gold."

Join Greg Hunter on Rumble as he talks about 
these stories and more in the Weekly News Wrap-up for 6/4/21

Evenings LALATE, PM 6/4/21: "Monthly BIG 4th Stimulus Check + Big Vote Coming"

Evenings LALATE, PM 6/4/21:
"Monthly BIG 4th Stimulus Check + Big Vote Coming"

"Chaos Sweeps Across Supply Chains As Freight Crisis Sends Shipping Prices To Sky-Highs"

Full screen recommended.
"Chaos Sweeps Across Supply Chains As 
Freight Crisis Sends Shipping Prices To Sky-Highs"
by Epic Economist

"Extreme weather, cyberattacks, heated demand, local and global inflation are just a few reasons why U.S. consumers are seeing prices going through the roof. The price of pretty much everything - from food to furniture to electronics to lumber - continues to soar to new highs with each passing day. And adding all these factors to a historic shipping container shortage, it seems that there's no relief in sight for the global supply chain crisis. The shortage is not only delaying the delivery of millions of products but also sending freight costs to sky-highs. And at the end of the day, those increased costs for the transportation of our consumable goods are going to be felt right in our wallets. The United States uses those containers to import goods such as TVs, refrigerators, and clothes from overseas factories to domestic store shelves. However, what many may not know is that our national agriculture producers rely on such containers to trade with international partners too. For instance, Scoular, an Omaha-based agricultural company is the third-largest shipper of agricultural products using containers, and now the company is seeing shipping costs going up by 50% compared to pre-health-crisis prices - and they are not the only ones.

"We're seeing freight rates that are double, triple, quadruple in some cases what they were a year ago," revealed Peter Tirschwell, a senior content officer at the Journal of Commerce. For Scoular, an ideal choice would be transporting an order of soybeans meant for human consumption in a single standard shipping container, as the order is perfectly suited for that specific container size. But the shortage is forcing companies to divide their shipments into smaller containers, as standard ones are becoming harder to find, and that oftentimes means that the ship is going to carry cargo from other customers on the remaining space so that the container leaves the port carrying its full capacity. That has sparked tensions between Asian manufacturers and U.S. agriculture producers. However, ship operators aren't paying much attention to our producers' complaints, instead, they're following the money.

"The ocean carriers are private companies, they're regulated to a very limited degree," explained Tirschwell. And as they're looking for the most profitable deals, those shipping giants know they can set up premium prices to import consumer products destined to U.S. stores. Therefore, as soon as they unload their cargoes in American ports, they rapidly return to Asia to get new products. That leaves them with little time to waste waiting for cheaper U.S. agriculture exports to arrive at ports. So many of our national producers are collectively losing billions in profits they would collect from those transactions, and that affects how much they will be able to reinvest over the next agricultural cycle, and as a result, food prices get even more vulnerable to sharp increases.

The imbalances between supply and demand have already led freight costs to explode in recent days. According to the Marine Transportation Company Alphaliner, charter rates for short-term freight contracts "have gone out of control". “Depending on the sources, the ship would have obtained anything between $100,000 and $145,000 per day, an absolute historic high," Alphaline executives said in a recent report. The source also disclosed that demand for shipping containers is growing larger every day, with many traders "panicking amid such unprecedented times". Needless to say, this is a huge red alert for cargo shippers. With freight rates this high, only big corporations will be able to afford to send their products overseas as they will be the only ones who can make enough profit despite the increasing transportation costs.

In a time when global food prices have soared to their highest levels in a decade, fears of an epic inflationary spike are now more real than ever. “The rise in the transport cost base with oil price increases and shipping bottlenecks, there is a lot of upward price pressure in the system,” outlined Caroline Bain at Capital Economics. Moreover, increased labor costs and looming crop failures are also expected to push food prices higher in the coming months. American consumers should brace for very painful years of food inflation. With each passing day, new crises seem to be erupting in our country, and by the end of the year, our economic conditions will likely be much worse than they were at the beginning of 2021. These are undoubtedly very, very dark times. But things can be a lot less difficult if you prepare in advance for the coming chaos, so you should start taking action right now."

Musical Interlude: Chuck Wild, Liquid Mind, “My Silent Knowing”

Full screen recommended.
Chuck Wild, Liquid Mind, “My Silent Knowing”

"A Look to the Heavens"

"In the lower left corner, surrounded by blue spiral arms, is spiral galaxy M81. In the upper right corner, marked by red gas and dust clouds, is irregular galaxy M82. This stunning vista shows these two mammoth galaxies locked in gravitational combat, as they have been for the past billion years. The gravity from each galaxy dramatically affects the other during each hundred million-year pass.
Last go-round, M82's gravity likely raised density waves rippling around M81, resulting in the richness of M81's spiral arms. But M81 left M82 with violent star forming regions and colliding gas clouds so energetic the galaxy glows in X-rays. This big battle is seen from Earth through the faint glow of an Integrated Flux Nebula, a little studied complex of diffuse gas and dust clouds in our Milky Way Galaxy. In a few billion years only one galaxy will remain."
"When observing the stars, you should see them in another perspective. Take into account what they really are: the mothers of the atoms from which we are constituted, the atoms that constitute the mortal and thinking species that admire the sun as a god, a father or a nuclear power station. The particles that were composed at the beginning of the Universe, the atoms that were forged in the stars, the molecules that were constituted on Earth or in another place… all that is also inside us."
- Michel Cassé, French astro-physicist, "Desafio do Século XXI"

"The Very Idea..."

"In the last few years, the very idea of telling the truth, the whole truth,
and nothing but the truth is dredged up only as a final resort when the
alternative options of deception, threat and bribery have all been exhausted."
- Michael Musto

Chet Raymo, "As Time Goes By"

"As Time Goes By"
by Chet Raymo

"Is time something that is defined by the ticking of a cosmic clock, God's wristwatch say? Time doesn't exist except for the current tick. The past is irretrievably gone. The future does not yet exist. Consciousness is awareness of a moment. Or is time a dimension like space? We move through time as we move through space. The past is still there; we're just not there anymore. The future exists; we'll get there. We experience time as we experience space, say, by looking out the window of a moving train. Or is time…


Physicists and philosophers have been debating these questions since the pre-Socratics. Plato. Newton. Einstein. Most recently, Lee Smolin. Without resolution. What makes the question so difficult, it seems to me, is that time is inextricably tied up with consciousness. We won't understand time until we understand consciousness, and vice versa. So far, consciousness is a mystery, in spite of books with titles like "Consciousness Explained". Will consciousness be explained? Can consciousness be explained? If so, will it require a conceptual breakthrough of revolutionary proportions? Or is the Darwinian/material paradigm enough? Are we in for an insight, or for a surprise?

As I sit here at my desk under the hill, looking out at a vast panorama of earth, sea and sky, filled, it would seem, infinitely full of detail, so full that my awareness can only skim the surface, I have that uneasy sense that it's going to be damnably difficult to extract consciousness, as a thing, from the universe in its totality. I think of that word "entanglement," from quantum theory, and I wonder to what extent consciousness is entangled, perhaps even with past and future.

Who knows? Perhaps consciousness, or what I think of as my consciousness, is just a slice of cosmic consciousness, in the same way that the present is a slice of cosmic time. As a good Ockhamist, I am loathe to needlessly multiply hypotheses. But time will tell. Or consciousness will tell. Or something.”

The Daily "Near You?"

Antelope, California, USA. Thanks for stopping by!

"There Is No Economic Comeback; Venice Beach Homeless Apocalypse; US Businesses Are Still Closing"

Full screen recommended.
Jeremiah Babe,
"There Is No Economic Comeback; 
Venice Beach Homeless Apocalypse; US Businesses Are Still Closing"

"Even the Best Areas Will be Affected by This Economic Downturn"

Full screen recommended.
Dan, IAllegedly,
"Even the Best Areas Will be Affected by This Economic Downturn"

"How It Really Is"