Wednesday, June 9, 2021

"Waiting..."

"We're all sinking in the same boat here. We're all bored and desperate and waiting for something to happen. Waiting for life to get better. Waiting for things to change. Waiting for that one person to finally notice us. We're all waiting. But we also need to realize that we all have the power to make those changes for ourselves."
- Susane Colasanti

"Tell Me..."

“Life passes like a flash of lightning, whose blaze barely lasts long enough to see. While the earth and sky stand still forever, how swiftly changing time flies across man’s face. O you who sit over your full cup and do not drink, tell me – for whom are you still waiting?”
- Hermann Hesse

“Incidit In Scyllam Cupiens Vitare Charybdim”

“Incidit In Scyllam Cupiens Vitare Charybdim”
by Steve Candidus

“One of the great things about ancient Greek Mythology is that the stories all teach a lesson. They don’t end with – and the moral of the story is – though. They leave it to the reader to figure them out. So in addition to being just plain fun to read they are wonderful teachers about life. Perhaps the best thing about this one is that we still use the expression it contains exactly the same way that the ancient Greeks intended it almost 3,000 years ago. That almost never happens. Language is fluid and the meanings of words and expressions changes from one generation to another, but this one is an exception. The everyday expression it contains is one that we often refer to without really knowing where it came from.

This is one of the tales of Odysseus who was the heroic king of Ithaca and of whose ten-year journey back to Greece after the Trojan War was immortalized in Homer’s ‘Odyssey’. There was a point in his journey when his ship had to enter a narrow straight. It was a passage so narrow that it could only be made under special conditions. They had to have both the wind at their backs and the current in their direction. However, once committed it was impossible to turn back.

Unknown to the sailors the straight was guarded by two deadly perils. On the one side, it was guarded by Scylla. Scylla was a six-headed monster that disguised itself as a rock. On the other side, it was guarded by Charybdis, a terrible deadly whirlpool born of the sea god Poseidon.

In olden times, it was common to refer to any place that a ship came to rest on land as being in a hard place. It didn’t matter if it was blown on shore by a storm, grounded on a reef or brought up intentionally for repair. If it was on shore, it was on a hard place as opposed to the soft place – water.

It also applied to a ship that had foundered. A ship that sinks will eventually rest on the bottom. The land at the bottom of the ocean is therefore called a hard place. It used to be a common term, but it has since pretty much fallen out of practice in common language today. A deadly whirlpool such as Charybdis could take a ship and send it straight to the bottom – a hard place.

So, now as we return to the story of Odysseus we see that their ship had entered a narrow straight and that straight was guarded by two evil perils with hardly enough room for a ship to pass between them. They were forced to choose between the six headed monster ‘Scylla’ disguised as a rock or the dreaded whirlpool ‘Charybdis’ that would surely send them to a hard place and they could not turn back.

There is a Latin proverb from this story, “Incidit in Scyllam cupiens vitare Charybdim” which translates to, “He runs on Scylla, wishing to avoid Charybdis.” In modern day English, we simply say, “They were between a rock and a hard place”. And now you know…”

Greg Hunter, "Climate Engineering Causing Drought & Earthquakes"

"Climate Engineering Causing Drought & Earthquakes"
by Greg Hunter’s USAWatchdog.com

"About a month ago, climate engineering researcher Dane Wigington said the severe drought unfolding in the Western United States is only going to get worse. It has. Now, large portions of the Western U.S are being hit with earthquakes. Wigington contends that science shows the rash of earthquakes in the West are linked to climate engineering. One example is the earthquake in Fukushima in 2011. The science is backed up by a report from MIT. Wigington explains, “All this data is extremely verifiable. The testimony from MIT is extraordinarily damming. Their words were ‘extremely anomalous heating directly above the epicenter in the days prior to the quake.’ The Fukashima meltdown was not intended, but when you trigger seismic activity on that scale, massive consequences happen. The ability to cause seismic activity with radio frequency microwave transmissions is very well documented scientifically.  There is no official source that is willing to discuss this because it is simply too alarming to the population. The liability issues from decimating food supplies and tripping seismic activity is incomprehensible. When people find out what is being done to them, I would argue that’s when they take to the streets with their proverbial pitchforks and torches to look for anyone and everyone involved.”

The so-called “Mega-Drought” in the Western U.S is being caused by climate engineering. Wigington says, “We know conclusively that in the case of cutting off the flow of moisture in the U.S. West is absolutely the result of climate engineering operations—period. They are cutting off the food supply. Food supply is collapsing. We have climate engineering completely derailing crop production, and it’s not just in the U.S. West, but in multiple locations around the world.”

Wigington points out that Europe is in a severe drought “that is worse than anything in the last 2,100 years,” and yet very little is being reported about it. He says this, too, is a product of climate engineering.

Wigington says great public awareness is what is needed to stop what is being done to the planet with climate engineering. Wigington says, “This is a very direct fight for life. Going back to how we started this interview, the decimation of our food supplies is going to be very visible in the coming weeks and months. No matter what other challenges we face, if we don’t deal with this one, the planet’s life support systems right down to our food supply, nothing else will matter. This needs to be seen by our military brothers and sisters. They need to understand that they are waging all-out weather and biological warfare against their own populations. That’s a fact.”

Join Greg Hunter on Rumbles he goes One-on-One 
with climate researcher Dane Wigington, founder of GeoEngineeringWatch.org.

"How It Really Is"


"5 Signs That America’s Raging Inflation Crisis Is Accelerating"

"5 Signs That America’s Raging Inflation Crisis Is Accelerating"
by Michael Snyder

"The pace at which conditions are changing is catching a lot of people off guard. Here in the United States, we have been in a low inflation environment for most of the past four decades, and so many Americans don’t even have a frame of reference for what a highly inflationary environment looks like. But now we are facing an inflation crisis that is unlike anything that we have seen since the Jimmy Carter era in the 1970s. In response to the COVID pandemic, governments around the world have been borrowing and spending colossal mountains of money, and global central banks have been absolutely flooding their respective financial systems with new cash. These measures were taken to stimulate the worldwide economy, but in the process a horrific inflation monster has been created, and it will not be tamed easily. In fact, national governments and global central banks continue to do the very same things that created the horrific inflation monster in the first place.

Moving forward, things look very bleak. The following are 5 signs that America’s raging inflation crisis is accelerating…

#1 Inflation tends to hit those at the bottom of the economic food chain the hardest, but at this point even most millionaires say that they are “concerned about inflation”… "This is a major worry for most wealthy investors, according to CNBC’s latest millionaire survey. As many as 65% of millionaires are concerned about inflation caused by recent government spending, according to the report. Of those, 34% said they were very concerned. The survey, conducted online in April and May by Spectrum Group on CNBC’s behalf, had 750 respondents with investable assets of $1 million or more."

#2 The biggest banks in the world are now sounding the alarm about the inflation crisis. This week, a team of analysts from Deutsche Bank warned that “neglecting inflation leaves global economies sitting on a time bomb”…

"We worry that inflation will make a comeback. Few still remember how our societies and economies were threatened by high inflation 50 years ago. The most basic laws of economics, the ones that have stood the test of time over a millennium, have not been suspended. An explosive growth in debt financed largely by central banks is likely to lead to higher inflation. We worry that the painful lessons of an inflationary past are being ignored by central bankers, either because they really believe that this time is different, or they have bought into a new paradigm that low interest rates are here to stay, or they are protecting their institutions by not trying to hold back a political steam roller. Whatever the reason, we expect inflationary pressures to re-emerge as the Fed continues with its policy of patience and its stated belief that current pressures are largely transitory. It may take a year longer until 2023 but inflation will re-emerge. And while it is admirable that this patience is due to the fact that the Fed’s priorities are shifting towards social goals, neglecting inflation leaves global economies sitting on a time bomb."

#3 Housing prices continue to soar into the stratosphere in the United States. These days, investment funds, wealthy individuals and foreigners are all gobbling up homes in anticipation of making huge profits, and this is making things extremely difficult for ordinary home buyers. Earlier, I found the following message from one exasperated home shopper on a popular discussion forum… "It’s crazy. Soon as it hits the market tons of offers."

Mostly Investors and flippers. Real estate Agent’s telling me things like: “We’ve got Rich guys as far out as Hawaii buying houses sight unseen. They’ll even buy them in bulk. Anything from dumps to mansions.’ We’ve got Chinese snatching up properties, Bill Gates, Businesses, and like I said flippers. It’s Impossible! Auction sites along with gov seized properties are flooded with the same types.

"Can not compete you’ll be outbid by thousands upon thousand of dollars way above market value."

"Any tricks or strategies to buy a house? Anything that may not have all the greedy bastards swarming over them?"

"A family seriously needing to actually live in a place seems completely s.o.l"

"It’s not just my area that’s hot right now its everywhere."

"Please if anyone has good advice would be appreciated. Thanks"

#4 Used car prices have now officially entered “absurd” territory. This week, we learned that the Used Vehicle Value Index has shot up by 26 percent so far in 2021… "Prices of used vehicles sold at auctions around the US in May spiked by 4.6% from April, by 26% year-to-date, and by 45% from April 2019, according to the Used Vehicle Value Index released today by Manheim, the largest auto auction operator in the US and a unit of Cox Automotive."

I used to recommend buying used vehicles to people because I thought that most of the time you could get a better value, but at this point I am reversing my recommendation. In this environment, I would strongly encourage everyone to consider buying new vehicles because used vehicles have become so ridiculously expensive.

#5 Food prices continue to surge higher, and I continue to see reports of intermittent shortages around the nation. Down in Florida, Papa Bee’s Owner Lorie Hamm says that only a limited number of cases of chicken wings are being made available to restaurants in her area, and she also says that the price for such cases has nearly doubled since the start of 2021… “There’s 300 cases that are allocated for two counties I believe, they were gone in two minutes,” Hamm said. At the beginning of the year, a case of wings sold for $70-90 a case. Now they are about $150 a case.

When you begin to wildly create new money, this is what happens. Prices go haywire and shortages tend to occur. Unfortunately, our leaders don’t seem to have even a basic understanding of the laws of economics, and the pain that we have experienced so far is just the tip of the iceberg. If they were smart, global authorities would be taking emergency measures to get inflation under control before it is too late. Of course that is not happening. Instead, they just continue to feed the monster. This crisis is going to go from bad to worse, and you should prepare accordingly."
Related:

"Inflation Explained"

"Inflation Explained"
by Bill Bonner

YOUGHAL, IRELAND – “Pity the American small business owner… ” writes Dear Reader H.R.E.: “I’m dealing with it as a landlord. Can’t get parts and materials and can’t get labor. Both cost more than ever. Plumbers at $300 per hour. AC guys closer to $500 per.”

Breitbart reports: "Small Business Optimism Drops on Labor Shortage and Inflation Worries." "The National Federation of Independent Business Optimism Index dropped two-tenths of a point to a reading of 99.6 in May. This followed three straight monthly increases but was the second straight month in which results undershot expectations."

And more inflation sightings from our dear readers... Stephen G.: "The MSRP of a 1964 Ford Mustang was $2,368 and an ounce of gold was pegged at $35.10, which works out to a little over 66 ounces of gold. Today, 66 ounces of gold will buy you two BMW Z4s, with almost $20K left over. I think this says as much about the destruction of the dollar as it does about gold as a store of value.

I also remember buying gasoline back in the early ’60s for right around 20 cents a gallon. I remember being struck by the fact that a gallon of gas and a pack of smokes were about the same price. So two silver dimes would buy a gallon of gas in 1963. And, guess what, two silver dimes will still buy a gallon of gas – with change – back in some parts of the country. And that’s just going by the spot price of silver, not the huge premiums being charged on eBay and most other sellers."

Fred T.: "At the real day-to-day level, inflation is rampant. We get Chinese on Thursday nights. Last Thursday, when I picked up the order, I got a severe case of sticker shock. They had raised the price of their entrees 40% – from $9.99 to $14. Unbelievable. They said their food costs have skyrocketed. Trust me, it is not transient. The price will never be reduced."

And Goku V.: "Take a butterfinger. In 1978, it was 4 ozs and cost 10 cents in a vending machine in grade school. By 1993, it was down to 3.4 ozs and cost 25 cents. The last time I saw one, it cost $1.69 and was 1.51 ozs. Take the snack pack of butterfingers. When they came out, they were 10 oz bars for 99 cents. At their cheapest, they were 12 x 1 oz bars for 88 cents at Walmart. Today, they are over $3 and are down to 6 x 55 oz bars. Do the math!"

Confusing and Misleading: Here at the Diary, we don’t really care what things cost… how much people earn… or what interest rate they get on their savings. All that matters is that these figures be true. Then, people can take the “information content” of the prices and make their choices. The trouble – speaking as though we were a serious economist – is that today’s prices, wages, and interest rates all lie. The information content – bent and distorted by the Federal Reserve’s fake money – is false. It confuses us. It misleads us. It creates bubbles and BS. Here, we make a small effort to straighten it out.

False Argument: Many times, in these pages, we have pointed out that a new car or a new house is much more expensive today than it used to be. But the price alone – twisted up by the feds – tells us nothing. We have to adjust it for “inflation.” We can do that, as our dear reader did above, quoting the price in real money – gold or silver. Or, we can figure it in time – how many working hours it would take to earn enough to purchase said house or car. Either way, the real price comes out at two to three times more than it was in the 1970s.

Then, the apologists for the fake-money system tell us that we’re wrong. We’ve failed to take product improvements into account, they say. “A car today is a lot better than one in the 1970s.” The Bureau of Labor Statistics actually adjusts auto prices downward to reflect quality enhancements. But this argument is false. Technological improvements can make a car better (or worse). But they also should reduce the expense of making it. The two costs – producer and consumer – should change at more or less the same rate. So there’s no reason to think a Ford F-150 should cost more in 2021 than one in 1971.

Higher Wages: Another reason you might think today’s car is more expensive than one from 50 years ago is that wages are so much higher. A person working somewhere on the auto supply chain in 1971 would have earned an average of about $3.60 an hour. Today, he’s earning nearly $25 an hour. But wait. We need to adjust for “inflation.”

And when we do that, our colleague David Stockman tells us that the typical employee in the manufacturing sector hit his peak earnings in 1978. Here we are, 43 years later, and his real, inflation-adjusted wages have gone down 6%. No wonder he wanted to Make America Great Again; he remembered when wages actually went up. He must feel he’s been cheated over the last 40 years, even if he has no idea how the flimflam worked. And he’s right. However much auto prices have gone up, none of that money went into his pocket.

Cheated Again: At the top of the money pyramid, the elites have stocks and bonds. An increase in stock prices – even if it is a phony increase, caused by the Fed’s money-printing – can bring them additional wealth. But most people rely on their time to pay the bills. They sell it, hour by hour, week by week, year by year. And while the Fed continues to buy financial assets at a rate of $120 billion per month… it has never paid a penny for a working man’s time.

Stocks and bonds go up. Wages do not. Still, if he works hard and is careful about saving his money, an assembly-line worker may build up some capital of his own. Were he to save, say, $2,000 every year over a 40-year career of putting nuts and bolts together, he would have $80,000! And then, he could earn interest on it.

Alas, the interest rate has been falsified, too. Adjusted for inflation, had he put his money in a savings account in 2008, he’d have less money today than he had then. This year alone, based on the present inflation readings, on $80,000 of savings, he’d lose another $2,000. Cheated again!

Simple Solution: And now… with the official “inflation” rate over 5% (annualized, based on the first quarter), the feds are busily figuring out how to keep the scam going. “It’s complicated,” they say… which is surely true, thanks to the many curve balls they’ve thrown.

But behind the complexity is the simple Quantity Theory of Money (QTM). This tells us that the more money is in circulation, the higher prices will go. When economist Milton Friedman proposed the fake-dollar system (what was he thinking?!), he said the Fed should increase the supply of dollars at a rate roughly equal to the rate of GDP growth. That way, the quantity of money would go up at about the same rate as the supply of goods and services. No surprises. No shortage of liquidity. No fear of inflation or deflation. And no price distortion. Oh happy day!

Simple Explanation: Friedman set 3–5% as the perfect rate. But that was when the economy really was growing at a 3% rate. Over the last 14 years, the real rate of GDP growth – adjusted for inflation – was under 1.3%. So even a 3% increase in the supply of money would be twice as much as it should be. But guess how much the money supply (the Fed’s balance sheet) grew last year. Five percent? Ten percent? More?

Oh Dear Reader, you already know. Seventy eight percent, March 2020 to March 2021. The number is so staggering, we can hardly believe it ourselves. So let us set aside the Plague Year as exceptional in every way, and go back to the turn of the century. Well… since this century began, U.S. GDP has gone up from about $10 trillion to about $22 trillion. A solid double. But the Fed’s balance sheet? Around $700 billion 20 years ago, if it had kept pace with GDP growth, it would be around $1.5 trillion today. Instead, it’s now around $8 trillion – five times where it should be. If we were looking for a simple explanation of inflation, need we look any further?"
Related:

Gregory Mannarino, AM 6/9/21: "Economy Continues To CRATER Faster!"

Gregory Mannarino, AM 6/9/21:
"Economy Continues To CRATER Faster!
 And HYPER-DEBT (With More To Come) Is Propping It Up"

Tuesday, June 8, 2021

Musical Interlude: Deuter, "Endless Horizon"

Full screen recommended,
Deuter, "Endless Horizon"

"A Look to the Heavens"

 "A gorgeous spiral galaxy some 100 million light-years distant, NGC 1309 lies on the banks of the constellation of the River (Eridanus). NGC 1309 spans about 30,000 light-years, making it about one third the size of our larger Milky Way galaxy. Bluish clusters of young stars and dust lanes are seen to trace out NGC 1309's spiral arms as they wind around an older yellowish star population at its core. 


Not just another pretty face-on spiral galaxy, observations of NGC 1309's recent supernova and Cepheid variable stars contribute to the calibration of the expansion of the Universe. Still, after you get over this beautiful galaxy's grand design, check out the array of more distant background galaxies also recorded in this sharp, reprocessed, Hubble Space Telescope view.”

“Crypto’s Crippled; Don’t Pay Your Rent Buy A New Car Instead; Wealthy Own Assets, Poor Own Debt”

Jeremiah Babe, PM 6/8/21:
“Crypto’s Crippled; Don’t Pay Your Rent Buy A New Car Instead;
 Wealthy Own Assets, Poor Own Debt”

The Daily "Near You?"

Kaitaia, Northland, New Zealand. Thanks for stopping by!

The Poet: Linda Pastan“What We Want”

“What We Want”

“What we want
is never simple.
We move among the things
we thought we wanted:
a face, a room, an open book
and these things bear our names-
now they want us.
But what we want appears
in dreams, wearing disguises.
We fall past,
holding out our arms
and in the morning
our arms ache.
We don’t remember the dream,
but the dream remembers us.
It is there all day
as an animal is there
under the table,
as the stars are there
even in full sun.”

- Linda Pastan

"What A Privilege!"

“Whatever your fate is, whatever the hell happens, you say, “This is what I need.” It may look like a wreck, but go at it as though it were an opportunity, a challenge. If you bring love to that moment- not discouragement- you will find the strength there. Any disaster you can survive is an improvement in your character, your stature, and your life. What a privilege! This is when the spontaneity of your own nature will have a chance to flow. Then, when looking back at your life, you will see that the moments which seemed to be great failures, followed by wreckage, were the incidents that shaped the life you have now. You’ll see this is really true. Nothing can happen to you that is not positive. Even though it looks and feels at the moment like a negative crisis, it is not. The crisis throws you back, and when you are required to exhibit strength, it comes.”
~ Joseph Campbell

"20 Preparedness Items You Should Buy Every Month To Prepare For The Imminent Economic Collapse"

"20 Preparedness Items You Should Buy Every 
Month To Prepare For The Imminent Economic Collapse"
Full screen recommended.
by Epic Economist

"We're going through exceedingly difficult times, and things seem to get harder and harder by the day. When the sanitary outbreak exploded in America early last year, it quickly became evident that the problems it had triggered would stay with us for years. Back then, we warned that we were still in the very early stages of the economic collapse and that the worst was yet to come. Well, since then we have seen several catastrophic disasters, hundreds of thousands of store closings, business bankruptcies, persistent unemployment rates, cyberattacks, severe supply chain disruptions, widespread shortages, and the intensification of civil and political conflicts around the world. But now, we are just getting a taste of what the next stages of this crisis will be like because many of these issues will still have many developments and probably many more issues are going to emerge.

As vaccines continue to be distributed and the world's economies get ready to reopen, imbalances between supply and demand for products are still congesting global supply chains, and this impasse will only intensify as consumers resume their normal shopping habits. Inflation pressures are already sending the cost of everything to unprecedented levels and there is no clear end in sight for this upward trend in prices. And as we reported over several of our recent videos, many other factors have been exacerbating supply chain woes, including rising commodity prices, skyrocketing freight prices, and shipping container shortages. That's why we have alerted our viewers they should start getting ready for the challenges that are coming for us.

However, disaster preparedness might not be a simple task, even more so in times of extensive shortages and soaring prices. Building an emergency stockpile requires an analysis of your necessities, assessing what you already own, and, of course, lots and lots of checklists. Listing what you will have to buy and the cost of those supplies can be overwhelming and, sometimes, very discouraging. But you don't have to build your stockpile overnight and you probably won't need all the things you think you do. The most expensive items are usually the ones that will last for a long time, such as generators, tents, radios, self-defense gear, and rain barrels. Those items are in the one-and-done category.

But many others can be gradually added to your monthly shopping list so that you stay on budget and make sure you never run low on essential supplies. In this way, you can start prepping without compromising your finances by spreading the costs of the supplies you need over the month. Staying tuned with bulk sales in online and physical stores may also save you a lot of time and money. Food and water should be the top priorities in every prepper's list, as they're key for our survival. But today, we decided to gather a list of 20 non-food preparedness items you should buy every month to get ready for the next stages of the economic collapse.

This list is supposed to help you realize that even though building a stockpile isn't a simple process, you can take simple steps to get started. This practice is not meant to be exhaustive, so take each of these steps at your own pace. It's better to do something than to try to do everything and achieve nothing instead. As things are getting even more challenging in recent times, it's better not to add extra challenges to your own path. Do whatever is possible for you and that will be enough. Most importantly, keep in mind that even though events are spiraling towards what could be the end of the world as we know it, there's still much more life to be lived away from the chaos."

"How It Really Is"

 

“Takeover: The US Is Facing A Dollar Collapse By The End of 2021”

“Takeover: The US Is Facing A 
Dollar Collapse By The End of 2021”
by Mac Slavo

"People used to call those who could see the writing on the wall “crazy conspiracy theorists.” Now, major mainstream media outlets are reporting that the United States dollar could crash by the end of 2021. Honestly, I am surprised the dollar hasn’t crashed already. It’s almost worthless in the sense that prices are skyrocketing and hyperinflation is right around the corner.

"The “seemingly crazed idea” that the US dollar will collapse against other major currencies in the post-pandemic global economy is not so crazy anymore, the economist Stephen Roach told CNBC’s “Trading Nation” on Wednesday." – Business Insider

Some sites (not those in the mainstream) have been warning that the dollar will crash for years. This is all a part of the plan. In order to convince the public to accept a digital dollar and fully tracked and traced centralized monetary system, the slaves have to experience a well-thought-out collapse of the current monetary system.

The central banks will attempt a “non-military take over of the entire world.” If we want a permanent system of slavery set up globally, we could simply roll over and allow this digital dollar to actually happen. Instead, I ask that you wake up and realize what’s going on. They have propagated people into the system using the left vs. right paradigm lie, and I admit, I used to fall for it too.

No human makes a rightful master and no human makes a rightful slave. The crash of the U.S. dollar is necessary and will eventually happen. Will it happen in the mainstream media’s timeline? Maybe, maybe not. But people unable to feed their families will willingly submit to slavery and participate in the draconian system of totalitarianism just to get a can of corn.

It’s time to fully realize what is going on and make the determination that we are not slaves. Anything less will result in those in power dominating those who are not. Stop giving these psychopaths power. Remove yourself from the system. A vote in this system for anyone is your consent to be governed. (The word governed comes from the Latin word meaning “to control.” If you want to continue to be controlled, by all means, far be it from me to tell you otherwise. However, many simply want their freedom to live on this Earth without being a slave to anyone.

The first step is to free your mind from the grip the ruling class has on it, right or left. Next, is to prepare and hone your critical thinking skills. If your mind is still enslaved, critical thinking skills will be limited. No one is coming to save us, but we don’t need them to. We need to save ourselves."

Gregory Mannarino, AM 6/8/21: "Inflation Indicators Continue To Rise; Important Market Updates"

Gregory Mannarino, AM 6/8/21:
"Inflation Indicators Continue To Rise; 
Important Market Updates"

Monday, June 7, 2021

Musical Interlude: Flash And The Pan, "Hey, St Peter"

Flash And The Pan, "Hey, St Peter"

"A Look to the Heavens"

 “Large, dusty, spiral galaxy NGC 4945 is seen edge-on near the center of this rich telescopic image. The field of view spans nearly 2 degrees, or about 4 times the width of the Full Moon, toward the expansive southern constellation Centaurus. 

 
About 13 million light-years distant, NGC 4945 is almost the size of our own Milky Way Galaxy. But X-ray and infrared observations reveal even more high energy emission and star formation in the core of NGC 4945. The other prominent galaxy in the field, NGC 4976, is an elliptical galaxy. Left of center, NGC 4976 is much farther away, at a distance of about 35 million light-years, and not physically associated with NGC 4945.”

"Monthly Checks Starting in July - 36 Million IRS Letters Sent Out Today"

"Monthly Checks Starting in July - 
36 Million IRS Letters Sent Out Today"
Blind to Billionaire, PM 6/7/21:

"Monthly checks starting in July, 36,000,000 IRS letters sent out today In this video, we discuss the monthly checks that are going to be starting for over 36 million families in July. These monthly checks will begin in July and extend through the rest of the year on a monthly basis. Nearly 40,000,000 households will be receiving these monthly checks as a result of the CTC otherwise known as a child tax credit. These payments are going to be very influential for many families and will result in thousands upon thousands of dollars of extra money in the form of stimulus checks on a monthly basis going forward to the rest of the year. This child tax credit is a new expanded child tax credit offering monthly stimulus checks or monthly checks to nearly 40,000,000 households and families.

This is the latest update that we have from the IRS as they announced today that they are sending out over 36 million letters to all of these families. These child tax credit or monthly checks pertain to everybody who has qualifying dependent under the age of 18, we discuss all of this in the video. It includes those people receiving Social Security, SSDI, SSI, VA, our RV, low income and no income as well as millions of others.

Please make sure to subscribe and share this video with your friends, family, social media and check out any of the other videos here on the channel."

"The Freedom Fairy"

"The Freedom Fairy"
by Jeff Thomas

"For some time, it’s been apparent that the former "free world" countries (the US, EU, Canada, Australia, Japan, etc.) have been on a downward progression - socially, politically and economically. But, in the last ten years, the awareness of this has become increasingly pronounced. With each successive year, more and more people recognize that all facets of life in these formerly great countries are heading in a decidedly negative direction.

At this point, even those who don’t understand the decline intellectually, feel in their gut that this is not going to end well. Further, they feel it all around them and sense that when the condition becomes critical, it won’t just affect others. When it reaches the crisis stage, they’ll find it right on their own doorstep.

The average person in each of these jurisdictions already no longer trusts either the media, big business or the government and feels that, somehow, they’re all in this together and that they, the electorate, will be the ones who will be the ultimate victims.

So, is this a question of "collective imagination" gone haywire? Not at all, I’m afraid. Their instincts are quite correct. Governments and big business alike have sold out the populace, regarding them as mere fodder in their pursuit of increased power and wealth. Governments in the former "Free World" have for decades become increasingly collectivist, promising ever-greater largesse to the hoi polloi, and the majority of voters, sad to say, have eaten it up.

Yet, as the electorate becomes more worried, they don’t ask the government to go into reverse and stop the economically illogical largesse. Quite the opposite. As their fears grow, they demand more largesse. And so, it shouldn’t be surprising that, as we get closer to the collapse of this house of cards, new candidates arrive on the scene, offering to take entitlements to Never-never land, promising universal free health care, free education through university and a guaranteed income without the need to earn it in any way.

Of course, when this happens, those who understand that 2 + 2 = 4, not 8 or 12, recognize that any government that attempts to deliver on such promises will cause the collapse of the system – not just the economic system, but also the social and political systems.

And, so those people who do understand that the numbers simply won’t work, ask themselves where it will all end. Typically they wring their hands, aware that their concern is the minority view. They recognize that they can no longer discuss their concerns freely, as their country is moving in the opposite direction – embracing the new, empty promises, with ever-more determination. They search around for some form of hope and, in the majority of cases, whether they like to admit it to themselves or not, their hopes fix on the Freedom Fairy. They vainly hope that somehow, the average voter will "wake up," or that sitting politicians will come before the press to reverse the stance that they’ve always maintained – that big government will provide for all.

Unfortunately, that’s a vain hope, isn’t it? Deep in our hearts, we know that sitting politicians are not going to collectively say, "Whoops, we goofed. We’re sending the country into ruin. We’re going to downsize the government, introduce a free market system and then resign and get out of the way."

Since that won’t happen, the only hope is that a Freedom Fairy will come along – someone who has never held public office before, who says, "You know what? I’m going to buck the system. If I’m elected, I’m just going to jolly well tell Congress that they’re to stop all this collectivist nonsense, stop borrowing money, and turn their backs on all the corrupt deals they’ve made over their political lives."

Yet, as obvious as it should be that no Freedom Fairy is going to come along, let alone succeed, with each successive election cycle, the more "enlightened" portion of the electorate start to imagine, "Maybe this time it will be different. Maybe we can turn this thing around." And, there, in that last sentence, is the key word as to the futility of this wishful thinking – the word, ‘we.’ It seems to be human nature to imagine that if a group of us – maybe even a large group - believe that something is a good idea, it will somehow happen. Worse, the ‘we’ suggests that the person in question actually believes that his vote has some sort of significance.

As Mark Twain famously said, "If voting made any difference, they wouldn’t let us do it." Quite so. In good times, the electorate gets to vote for the lesser of two evils. In the end, whichever one wins, the running of the country remains as previously planned. There may be changes in the style of the leader, but the same playbook is followed, just as before. But in volatile times, such as we now face, the electorate gets to vote for the lesser of two nightmares. In the end, whichever one wins, the running of the country will remain as previously planned, but the electorate will be even more polarized than before and the eventual outcome will be that much worse.

And so, for the more ‘advanced’ voter – the one who understands that the political, economic and social system are spiraling downward, the most natural tendency seems to be to irrationally hope that the Freedom Fairy will come along, wave the magic wand, and send the country back to a time when most everyone worked for a living, took responsibility for themselves, paid their own way and built a strong, productive society. It’s rare indeed for anyone who finds himself in that situation to honestly say to himself, "I don’t think we’re in Kansas anymore, Toto."

And that’s the tragic truth. The former free, productive society has been whittled away. It no longer exists and it’s not coming back. Unfortunately, there is no Freedom Fairy, nor is there a Wizard of Oz, any more than there’s an Easter Bunny or a Santa Claus. When empires collapse, the worst thing that a voter can do is to vainly mark down on the ballot card the name of whoever he thinks the latest Freedom Fairy might be. He should, instead, toss his ballot in the dustbin and leave the polling place, in the knowledge that Mark Twain was absolutely correct.

And what, then? Well, that’s an even tougher question to deal with. Because, at that point, he must accept that if, a) his country has reached its sell-by date and, b) it’s going to take him down with it, his only hope is to bow out of the system that he realizes is on the verge of swallowing him up. If he doesn’t wish to become collateral damage, his only choice is to pursue the freedom he cherishes in a location where it still exists. Just as the more enlightened German Jews found in 1938; just as savvy Cuban business owners did in 1959, the last opportunity to pursue freedom is just before it ends where you presently reside."

"Outsourcing The Production Of Everything Has Brought The U.S. Economy To The Brink Of A Collapse!"

Full screen recommended.
"Outsourcing The Production Of Everything Has 
Brought The U.S. Economy To The Brink Of A Collapse!"
by Epic Economist

"For over a year, we have been seeing shortages getting progressively worse and spreading across all of our major supply chains. The imbalances between demand volume and companies' ability to produce and distribute supplies are pushing prices significantly up, and making experts worry that the ongoing shortages may actually persist for years. Economists have been warning for decades about the consequences of outsourcing the production of our consumable goods and running massive trade deficits year after year. During the "good times", being reliant on other economies to produce the goods that we consume didn't look like that big of a problem. But now it's a different story.

After so many disruptions, it has become clear that our trade policies have put us in an extremely vulnerable position. Our dependence on the rest of the world to manufacture and process our products is rapidly turning into a national security issue. A recent crisis that can illustrate the seriousness of this problem is the current computer chip shortage. Without a steady flow of semiconductors, our modern society can't function smoothly. Those tiny $1 chips are everywhere - in our cars, transportation trucks, farming gear, hospital equipment, home appliances, smartphones, and pretty much in every electronic device that connects to the Internet - and there are millions of them.

The semiconductor shortage is affecting numerous industries and it is serving as a painful reminder of how much we have become dependent on technology. But even more importantly, it has shown how imprudent it was to outsource the production of most of our chips to Asia. According to the Semiconductor Industry Association, in 1990, the U.S. used to fabricate 37% of all computer chips in the world. By 2021, this figure had dropped to only 12%. Last week, the CEO of Intel has bluntly admitted that "it could take several years for a global shortage of semiconductors to be resolved". This year alone, automakers are predicting a profit loss to the tune of several billion due to halted production lines. The same struggle is being faced by essentially every segment across the consumer electronics industry.

And there are many other industries that also outsource their production even though our country possesses all that's necessary to fabricate those goods in-home. Most of the food we eat today is grown and processed in other countries and that has remarkably reduced the number of small family farmers in America. Since 1980, America has lost 50 percent of its cattle farms, 80 percent of its dairies, and 90 percent of its hog farms.

Therefore, as long as our political relations with China remain favorable, we will probably continue to get the products we need from them. But in case our tensions grow and the Chinese government decides not to provide us with those goods anymore, we will see extensive shortages popping all over the nation overnight. Another supply chain woe that can expose the wrongs of outsourcing is the shipping container shortage that has been delaying the delivery of millions of products to US stores. China is the world's leading manufacturer of such containers, and as it faces challenges to increase its production due to its own economic problems, the rest of the planet has to wait until those containers are available so that they can ship their products or receive imported materials.

Moreover, an NFBI survey found that it has never been harder for small businesses to hire workers and many of them are facing mounting pressure to survive. As our economy continues to gradually reopen, some economists fear it won't happen soon enough to save thousands of small businesses. Data from Alignable’s June Revenue Poll shows that 35% of all small business owners are still at risk of closing permanently by the end of the summer. The Poll revealed numerous factors that have been putting the lives of those businesses in jeopardy, including the remaining closures and restrictions, growing inflationary pressures on prices, soaring gas and transportation prices, and labor shortages.

If our small businesses continue to be decimated by the thousands, at some point, we will become entirely dependent upon big corporations to get the products we need. And keeping in mind that these large companies outsource most of their production, we will become more at risk of suffering from shortages than ever before. The extreme imbalances we have been witnessing right now will become a permanent thing. Americans are just now realizing how the latest supply chain disruptions sparked extensive damages to our economy. They are about to feel the impacts of decades of outsourcing and weakened supply chains right where it hurts them the most: in their wallets. And as this crisis won't likely be solved any time soon, we will see our economic challenges dramatically intensify from now on."

The Daily "Near You?"

Palermo, Maine, USA. Thanks for stopping by!

Gregory Mannarino, PM 6/7/21: "Inflation Is Skyrocketing! And It's Going To Get MUCH WORSE!"

Gregory Mannarino, PM 6/7/21:
"Inflation Is Skyrocketing! 
And It's Going To Get MUCH WORSE!"

“I See Inflation Not Recovery; Low Paying Jobs Flood US; Extreme Debt; Help Is Not Coming”

Jeremiah Babe,
“I See Inflation Not Recovery; Low Paying Jobs Flood US; 
Extreme Debt; Help Is Not Coming”

"Larceny Disguised as Inflation"

"Larceny Disguised as Inflation"
by Bill Bonner

YOUGHAL, IRELAND – "In matters of technology and material progress, we discover new things all the time. But in love, central banking, and the rest of life… we discover the same things over and over. And what Americans are likely to re-discover in the months ahead is the Quantity Theory of Money, or QTM.

Quantity Theory of Money: The idea was first proposed by Nicolaus Copernicus, the great Polish mathematician, in 1517. Since then, it enjoyed a cicada’s celebrity… emerging from the deep earth of monetary theory only episodically… before disappearing again. QTM describes – at least in rough relief – why prices rise. It tells us, again, grosso modo, that the more money there is in circulation, the higher prices will go.

Prices are rising now. Here’s the latest. Breitbart: "Inflation Nation: Labor Costs Soaring Twice as Fast as Previously Thought." "Hourly compensation jumped 7.2 percent in the first quarter, according to the BLS's [Bureau of Labor Statistics] revised estimate of labor costs and productivity. This had been reported as rising 5.1 percent in the first estimate."

Meanwhile, economist Roger Bootle, famous for noticing that inflation had gone underground in the late ’90s, now says it has surfaced again. Bloomberg: "The danger of deflation has passed, and the risks have definitely tilted in the other direction. How high inflation will go, and for how long, that’s debatable. But I’m not in much doubt myself that there’s been a sea change."

Phony Phenomenon: Inflation has been evident in the stock market for many years. But nobody worries about rising stock prices. Donald Trump even boasted about it, not realizing that it was a sign of failure not success. High stock prices are only a good thing when they signal a real increase in earnings – that is, when companies are actually selling more products and pocketing more profits. Price inflation – caused by fake money – is a completely different phenomenon. As we explored last week, it causes investors to stop trying to discover the real value of companies and begin speculating on “meme” stocks like GameStop and AMC… cryptos… and the market itself.

Putting QTM to the Test: According to the textbooks, when central bankers see these signs of emerging inflation, they should begin to “taper off” their EZ-money policies, returning to more normal interest rates. Instead, they are choosing to ignore it. MarketWatch: "New York Fed President John Williams said Thursday he doesn't think it is time for the Fed to slow down asset purchases…"

Unintentionally, the Federal Reserve is putting QTM to the test. In the 12 months from March 2020 to March 2021, the Fed added to its balance sheet by 75%. Since then, it has slowed down, but it is still adding new money (measured by its balance sheet) at the rate of 17% annually. Does that mean prices will increase at a 17% rate? No. QTM is not that simple.

Inflationary Disaster: The Fed’s balance sheet is usually described as the dollar’s “monetary foundation.” It provides the potential for inflation. But the edifice built on top of it – and the price increases that result – depends on how much people want to borrow and spend. And generally, it is the government itself that turns the Fed’s monetary inflation into an economy-wide inflationary disaster. It is the biggest borrower and spender in the world.

If the feds relied on either tax revenues or honest borrowing (taking real money from real savings), there would be no inflationary effect. The total supply of money would remain constant. But the U.S. government is spending far more than it can raise from the citizens’ earnings or savings. That’s why the Fed is printing money – to add “liquidity” that the feds can spend. This new money is fake – counterfeit, ersatz, phony-baloney… an imposter. But it is indistinguishable from the money already in circulation. And it – like the old money – is a claim on real time and resources.

Government Bamboozle: It must seem like manna from heaven. No one ever had to earn the money, or save it. But nothing comes from nothing. And time and resources, unlike money, are limited. So when the government gives some people fake money, it is permitting them to take real goods and services from other people. That is, the whole government bamboozle consists of taking from some and giving to others. And when the Fed “prints” the money, it is just a means of disguising the larceny… as “inflation.”

The recipients rarely use the money to build new factories or provide new services. They do not add to the country’s wealth, in other words. They subtract from it. They spend it. They consume it. And their spending bids up prices. QTM. That is the discovery ahead of us… the same thing we discovered 50 years ago – the last time consumer price inflation rose over 10% (with mortgage rates of 15%!) Back then, Paul Volcker (the Fed chair at the time), backed by Ronald Reagan, was able to contain it. Who will this time?"

"Yet Another Scientific Study Concludes COVID Is Likely Lab-Engineered"

"Yet Another Scientific Study Concludes COVID Is Likely Lab-Engineered"
by Steve Watson
"Another new scientific study has concluded that it is more likely than not that the COVID pandemic originated with a virus engineered inside a lab. Dr. Stephen Quay and Berkeley physics professor Richard Muller revealed the findings in The Wall Street Journal Sunday, noting that “The most compelling reason to favor the lab leak hypothesis is firmly based in science.” The scientists added that “COVID-19 has a genetic footprint that has never been observed in a natural coronavirus.”

The research points to the genome sequencing of the virus ‘CGG-CGG’, which is one of 36 sequencing patterns observed, but does not occur in nature. “The CGG-CGG combination has never been found naturally. That means the common method of viruses picking up new skills, called recombination, cannot operate here,” the scientists assert.

“A virus simply cannot pick up a sequence from another virus if that sequence isn’t present in any other virus,” they add, while also noting that the CGG-CGG combination IS commonly used in ‘gain of function’ research, which is known to have been used with coronaviruses at the Wuhan Institute of Virology.

The scientists urge that those who believe COVID-19 jumped from animals to humans “must explain why it happened to pick its least favorite combination: CGG-CGG.” They further ask for an explanation as to “Why did it replicate the choice the lab’s gain-of-function researchers would have made?” “Yes, it could have happened randomly, through mutations. But do you believe that?” the authors of the study ask, adding “At the minimum, this fact—that the coronavirus, with all its random possibilities, took the rare and unnatural combination used by human researchers—implies that the leading theory for the origin of the coronavirus must be laboratory escape.”

This latest study comes on the heels of a revitalized focus on scientific research by Professor Angus Dalgleish of St George’s Hospital, University of London and Norwegian virologist Birger Sorensen which presents compelling evidence suggesting the virus was manufactured in a laboratory. As the scientists noted, they were ostracized and ignored until recently when intelligence findings revealed that workers at the Wuhan lab fell sick with COVID-19 symptoms in November 2019.

As the global pandemic unfolded, scores of scientists came forward suggesting the genome sequencing of the virus was unnatural, and should be further investigated. The lab leak theory was effectively shut down, however, when scientists led by Dr Peter Daszak “orchestrated a ‘bullying’ campaign and coerced top scientists into signing off on a letter to The Lancet journal aimed at removing blame for Covid-19 from the Wuhan lab he was funding with US money.”

Daszak, who keeps appearing as the lead figure in investigations of the research he funded with US grant money via his own organization, reportedly used his influence to get The Lancet to publish the letter, which stated that to even suggest the lab leak theory had any credibility was equal to spreading “fear, rumors, and prejudice.”

The release of Dr Fauci’s emails has also reconfirmed that Fauci was discussing the lab leak scenario with other scientists, and knew full well that it was a distinct possibility, despite making statements to the contrary in public, before any robust scientific research into the matter had been carried out.

Now former head of the Food and Drug Administration, Scott Gottlieb, has revealed that Fauci briefed world health leaders in the spring of 2020 that the lab leak was a possibility. Appearing on CBS News this past weekend, Gottlieb admitted that Fauci told government health advisors that the virus “looked unusual,” and that scientists he was working with “had suspicions” that it was manipulated."

"How It Really Is"

 

"Reset Yourself!"

"Reset Yourself!"
by Jim Kunstler

"If Quentin Tarantino made a James Bond movie, the villain would be a maniac named Klaus Schwab, played with a light touch by Christoph Waltz, leading a SMERSH-like org bent on turning the world into a utopia of robots, and, of course, absolutely everything would go wrong, leading to a joyously comical bloodbath in the climax. Are we living in that movie, one wonders?

In real life - if there even is such a thing anymore? - Klaus Schwab is the octogenarian head of the World Economic Forum (WEF), the NGO that hosts the annual cavalcade of global villains at Davos, Switzerland, held every January in perfect designer snow, with the raclette melting temptingly on the hearth, endless flutes of Bollinger R.D. Extra Brut making the rounds, and plenty of pretty young things on hand, only some of whom know a reverse repo from an Appenzeller Sennenhund. Must be fun as all git-out.

The Davos meeting is ostensibly called to improve the state of the world (ha!), and thereby inspires countless paranoid fever dreams in the minds of many who would prefer to be spared utopian social experiments, especially from plans drawn by billionaire bankers who view the present surfeit of mankind on this planet (some 7.6 billion) as cluttering up the joint — all these unnecessary hoi polloi filling the oceans with their yukky plastic, making navigation difficult for the Davos yachting crowd… or something like that.

Klaus Schwab has been shockingly literal about his wished-for utopia, summing up his vision as, “You will own nothing, and you will be happy about it.” Hmmm, no property… and then what? Logically, no corpus of contract law to regulate it? Farewell pesky US constitution. (Let’s face it, it’s been falling apart lately, anyhow.) How’s that going to make folks happy? Can I at least keep my Waterpik and my flyrod?

And what about your property Klaus? And the property of your nonagenarian buddy George Soros, including all the cash money he’s been sprinkling around the USA to fund the election of utterly incompetent Attorneys General and District Attorneys, so as to sow chaos in America’s streets? What about your pal Bill Gates’s property… those hundreds of thousands of acres he’s buying up across the American grain belt? And the half that goes to Melinda under California divorce law. Will the poor girl have to make those dreary trips to the Safeway on her own? Will there even be supermarkets? Or just distribution depots like the old soviet glory days, with long lines for schmoozing?

A few other particulars from Klaus’s 2030 agenda: No more meat-eating for you! It’s a waste of energy and a carbon spewer. You will eat artificial “plant-based meat” from Bill Gates’s soybean fields, self-propagated like giant boneless garden slugs on Bill Gates’s factory walls. Pass the Sriracha, Klaus! Next, no more national borders. The teeming poor evacuating their wretched overpopulated homelands must be free to overpopulate your homeland and make it equally wretched. Of course, no more fossil fuels! The planet is overheating so badly that there may not be any snow in Davos, and the Davos elect do not intend to don lederhosen and march up and down the bare Jakobshorn ski trails yodeling like goat-herds.

There is considerable unease among the sentient hoi polloi about the WEF exercise going forward this summer called the Cyber Polygon simulation. The idea is to game-out a cyber-attack aimed at bringing down the global financial system. The reason folks are nervous is because the WEF held a somewhat similar simulation on October 2019 for a hypothetical pandemic disease outbreak, and, guess what? We got the Covid-19 pandemic outbreak a few months later. This has led some observers to hypothesize that Klaus and his WEF might have had something to do with the Covid-19 outbreak, and that an actual global financial train-wreck will be in the works shortly after Cyber Polygon, opening the door for Klaus’s heralded Great Reset.

Personally, I have no data to suggest these things follow one another. What’s more, if ever a complex system had evolved to self-destruct spectacularly on its own, it would be the global financial system, but especially the parts of it currently running in the USA and in Euroland, based on the Big Rock Candy Mountain economic model: Need money to run your society when your standard of living has outrun your productive capacity? Just pick hundred dollar bills off the money trees! That’s how we roll.

America’s empty suit, “Joe Biden,” travels to Euroland this week to confab with his supposed counterparts. He’ll drop into the G-7 meeting in Cornwall, UK, where the head honchos of foreign lands will perhaps get a chance to size him up for twenty minutes between naps; he’ll meet Queen Elizabeth, who was appointed a Counsellor of State before “Joe Biden” was out of his diapers (will she appreciate his wit?); he’ll drop into a NATO Summit in Brussels and meet with Turkey’s President Erdogan - better wear protective head-gear, Joe - and finally, the main event on June 16, Mr. Biden will meet with Vladimir Putin, wherewith, we’re given to believe, Mr. B will “discuss matters of mutual interest” with the Russian president. Oh, to be a fly on the wall in that room!

Meanwhile, speaking of crashing financials, the Bank of International Settlements’ (BIS) Basel 3 net stable funding requirement goes into effect before the end of June. That’s a mouthful, I know, but the net effect will be the demise of the “paper” gold markets that have been used by interested parties to queer the gold price and thus protect the value of the dollar for decades. Combine that move with the - what? - $11-trillion that “Joe Biden’s” handlers seek to print-up and distribute the next year or so and it kind of looks like the US dollar should be given last rites. Prepare to reset yourselves to flat broke."