Tuesday, August 15, 2023

John Wilder, "Unfrozen Caveman Interview"

"Unfrozen Caveman Interview"
by John Wilder

"I’m here with my friend, Coroc. Coroc was frozen in an accident in the year 5000 B.C. which may or may not have been related to the first recorded time a man said, “Oh, yeah? Hold my beer.” Coroc was thawed after his body was found while a construction crew was excavating the foundations for a McDonald’s® that was being built in Kharkov. Coroc has since gotten a degree from Harvard® Law and an MBA from Wharton© and has also killed an elk with a pocket knife in the parking lot of a Wendy’s. I’ve asked him for an interview so I could get in a few questions about his unique experiences in dealing with business and economic situations.

John Wilder (JW): Coroc, I image the world is much different than when you were frozen into a block of ice near Kharkov 7,000 years ago. What’s the best new invention that you’ve seen?

Coroc IceBeer (CI): PEZ®. It is a light and fruity brick of flavor that explodes in your mouth like Magorthath’s axe explodes the skulls of his feeble enemies. It makes me laugh, but not too much, for that is womanly.

JW: Your last name is IceBeer. Did you have beer back then?

Coroc: If we didn’t have beer, there would have been many maidens left unplowed, if you know what I mean. So, yes. Beer is, how you say, awesome, although I can assure you we would not have had any of that Bud Light. We would rather have consumed the flat body of a badger that had been walked on by many horses and then left out on the ground for a week.

JW: Whoa, that escalated quickly! Let’s change the subject a bit. When dealing with a middle manager that didn’t give you the appropriate chance for advancement, what did you do back then?

Coroc: This happened many times. When a leader was too old or feeble, we would simply say, “You, you are not fit to lead! Go and gather berries with the women or I will split your skull with my axe.” Sometimes it worked, sometimes it didn’t.

JW: What happened if you fought?

Coroc: Well, depends on if you win or lose. Lose? No problem, since you were dead. Win? No problem, since you took his women, took his hut, and took his things. Only a real problem if his women were named Karen.

JW: Sounds violent.

Coroc: Yes, it was the original hostile takeover.

JW: Did people ever not have jobs?

Coroc: No. Everyone had a job. Need someone to go hunt? Yes. We always needed that. Need someone to go and fight the idiot tribe next door that wouldn’t turn their music down after eleven? Yes, men needed. Need someone to fish and drink beer? Yes. Always needed.

JW: What if someone didn’t want to help out?

Coroc: I don’t understand. I already told you about the hostile takeover.

JW: Let’s shift gears. Here in 2023, we have a complex economy that uses electronic ledgers to keep track of the movement of goods and services and the payment from one country to another. This is enforced with many central banks working together to balance the flow of currency from one country to another. How did you do that, Coroc?

Coroc: Crom. I thought 7,000 years would have made you people smarter. In my time, in Scythia, we had horses. We had women. Fiery, lusty women with big manes of blonde hair, massive thighs that they could crack walnuts with. Strong, birthing hips. We rode our horses, took our axes, and made piece with other tribes.

JW: Don’t you mean “peace” instead of “piece”?

Coroc: No. They gave us a piece. Simple. And no problem with Human Resources, since we treated every tribe exactly alike. And there was no corporate debt to worry about.

JW: So you didn’t have to worry about interest rates?

Coroc: The only interest I had was in the rate my enemy would die so I could hear the lamentation of his women. I think that was our major metric on our KPI, the relative volume of the lamentation of the women.

JW: What about your stock market?

Coroc: It was pretty stable. You can only eat so much steak per day. We kept a close eye on our stocks.

JW: What was your retirement like?

Coroc: Retirement meant, mostly, hanging out with the gods once you died in battle. It was a pretty good plan, leave 5% of your lootings in a plan, get 2.5% tribal match. And there was free healthcare! If you had poor health, we didn’t care. See? Free. Simple.

JW: So, were you ever plagued by guilt over your colonizer attitude?

Coroc: (Sadly) Yes, we were sometimes feeling guilty of our ability as colonizers. There are only so many men that we could use to fight, so our ability to conquer even the feeble toothless enemies we had was limited. Why, some years we would only vanquish a few kingdoms and petty princelings.

JW: Was there much poverty in your tribe?

Coroc: We had a great poverty prevention program. It was called starvation. Worked wonders.

JW: Last question, what about inflation? Did your tribe ever see inflation?

Coroc: Only under one leader who tried to make smooth round rocks currency. Worked horrible, pretty soon everyone was strong, though, infinite amount of small round rocks back in Scythia, so it was great leg day.

JW: What happened to that leader?

Coroc: Hostile takeover."

Gregory Mannarino, "Market: Deeper Into The Danger Zone, A 'Pan-Selloff' Is Possible"

Gregory Mannarino, AM 8/15/23
"Market: Deeper Into The Danger Zone,
 A 'Pan-Selloff' Is Possible"
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Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!

"The Wile E. Coyote Economy"

"The Wile E. Coyote Economy"
by Brian Maher

"As youth the Road Runner cartoon show amused us vastly. The Road Runner character would deceive his murderous pursuer - Wile E. Coyote - over a cliff edge. Yet this Coyote figure would continue his chase for incredible seconds… disobeying gravity’s iron laws… unaware of his precarious peril. At this point he’d glance groundward - and receive an updated intelligence report. Alarmed and stripped of his delusion, he’d succumb to reality and to gravity. He’d take the inevitable plummet. May we liken the economy of the United States to Mr. Wile E. Coyote?

What Cliff? We are informed that the economy of the United States bounds along on good, hard earth. It is miles and miles from any cliff. Thus the president’s White House’s goons inform us that: "President Biden’s agenda has driven the strongest economic recovery America has ever seen, with 13.2 million jobs added, a record number of states with unemployment rates at or below 3% and the national unemployment rate below 4% for the longest stretch in more than 50 years. Economic growth has been strong even as annual inflation has fallen for 12 straight months. At the same time, the president’s Investing in America agenda is already taking hold, with more than $500 billion in new manufacturing and clean energy investments pouring in across the country, while shovels hit the ground rebuilding every state’s infrastructure."

Just so. Yet we hazard the economy of the United States is already over cliff’s edge. As the deluded Coyote… we believe it is aloft on a false assumption. It has yet to glance groundward. When it does reality and gravity will perform their pitiless roles. The economy of the United States will follow the route of Wile E. Coyote - or so we hazard.

The Great Levitation: What presently holds the economy of the United States suspended skyward? Pandemic-era spending deliriums is the likely answer. Explains Real Investment Advice’s Mr. Michael Lebowitz: "The economy has marched forward, ignoring higher interest rates and consistent calls for a recession…"

Understanding why the economy has done so well is easy. Simply massive stimulus drove consumption…During the pandemic, the federal government rained money on the public and provided various other forms of financial benefits and relief…Individuals have primarily used the stimulus-related income from the government to help support their consumption… [which] helped propel the economy…

The fumes of pandemic stimulus and related personal consumption continue to keep the economy running strong despite the increasing headwind of high interest rates. Thus levitates the economy of the United States - on momentum. Yet for how much longer? When will it take the groundward glance?

Don’t Look Down! This Lebowitz fellow believes the answer may be soon: "Personal consumption growth rates are showing signs of fatigue…The year-over-year growth rate in retail sales is near zero percent. Accounting for inflation, retail sales are falling 2-4% annually. Since the start of the year, retail sales have fallen by half a percent and 2% below where they would be based on the pre-pandemic trend growth…Consumers… have largely drawn down the stimulus-related excess savings. It appears that savings drawdowns in aggregate will no longer contribute to abovetrend consumption."

And so the gravity-disobeying delusion of economic vigor dangles in peril. Here is additional evidence that the groundward glance is in prospect - and that the subsequent plummet is in prospect: Demand for credit continues to weaken. And at the same time, banks are tightening their lending standards. Banks are less likely to extend credit card lines or bump up credit limits. Also, credit card borrowing rates are now over 20%, which means those not paying their balances in full will spend more on interest and, therefore, have less for goods and services. When will Wile E. Coyote take notice?

Gravity: We have acquired additional evidence that the groundward glance and the subsequent plummet are in prospect. This evidence we obtained deep within the channels of the monetary wireworks. In brief, the nation’s money supply is expanding at a decreasing rate. And this rate decrease exerts a heavy economic gravity. It can tug an economy clear into recession.

Here we cite Mr. Ryan McMaken of the Mises Institute: "Money supply growth fell again in June, remaining deep in negative territory after turning negative in November 2022 for the first time in 28 years. June’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years…"

Money supply growth has now been negative for eight months. That is, the momentum that has held the economy aloft is losing its push. At some point all momentum will die… and a stall ensues.

Not Since the Great Depression: How severe is the present money growth reduction? During June 2023, the downturn continued as year-over-year growth in the money supply was at -12.4% Negative 12.4% — the very angels and saints shriek in horror! More: That’s up slightly from May’s rate of -13.1%, and was far below June’s 2022’s rate of 5.7%. With negative growth now falling near or below -10% for the third month in a row, money-supply contraction is the largest we’ve seen since the Great Depression.

Since the Great Depression! Critically: The supply of money need not contract. The mere reduction in its growth rate represents the recessionary gravity: It should be noted that the money supply does not need to actually contract to signal a recession and the boom-bust cycle. As shown by Ludwig von Mises, recessions are often preceded by a mere slowing in money supply growth. But the drop into negative territory we’ve seen in recent months does help illustrate just how far and how rapidly money supply growth has fallen. That is generally a red flag for economic growth and employment.

Like I Said, Don’t Look Down: Gravitational effects: The monetary slowdown has been sufficient to considerably weaken the economy. The Philadelphia Fed’s manufacturing index is in recession territory. The Empire State Manufacturing Survey is, too. The Leading Indicators index keeps looking worse. The yield curve points to recession. Individual bankruptcy filings were up 68% in the first half of the year. Temp jobs were down, year-over-year, which often indicates approaching recession…These factors all point toward a bubble that is in the process of popping. The situation is unsustainable…

When will Wile E. Coyote finally take the groundward glance? When will gravity and reality reassert their sovereignty over him? We do not know. He may dangle yet due to enormous monetary momentum.

As Mr. McMaken himself concedes: "The U.S. economy still faces a very large monetary overhang from the past several years, and this is partly why after 14 months of slowing money supply growth, we are not yet seeing a sizable slowdown in the labor market."

Yet the character is presently over the cliff… airborne… shedding momentum… full of bliss… and ignorance.
Of course… The scene concludes identically on each occasion…

"Stocking Up At Meijer! Get Prepared!"

Full screen recommended.
Adventures With Danno, AM 8/15/23
"Stocking Up At Meijer! Get Prepared!"
"In today's vlog, we are at Meijer and are stocking up on groceries with all the sales we find. Inflation is causing major problems at supermarkets, and we are doing what we can to be prepared!"
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Monday, August 14, 2023

Musical Interlude: Deuter, "Along The High Ridges"

Full screen recommended.
Deuter, "Along The High Ridges"

"A Look to the Heavens"

“Far beyond the local group of galaxies lies NGC 3621, some 22 million light-years away. Found in the multi-headed southern constellation Hydra, the winding spiral arms of this gorgeous island universe are loaded with luminous young star clusters and dark dust lanes. Still, for earthbound astronomers NGC 3621 is not just another pretty face-on spiral galaxy. Some of its brighter stars have been used as standard candles to establish important estimates of extragalactic distances and the scale of the Universe.
This beautiful image of NGC 3621 traces the loose spiral arms far from the galaxy's brighter central regions that span some 100,000 light-years. Spiky foreground stars in our own Milky Way Galaxy and even more distant background galaxies are scattered across the colorful skyscape.”

Chet Raymo, “We Are Such Stuff...”

“We Are Such Stuff...”
by Chet Raymo

“Be not afeard; the isle is full of noises,
Sounds and sweet airs, that give delight, and hurt not.
Sometimes a thousand twangling instruments
Will hum about mine ears, and sometimes voices,
That, if I then had wak'd after long sleep,
Will make me sleep again.”

"Caliban is talking to Stephano and Trinculo in Shakespeare's “Tempest”, telling them not to be "afeard" of the mysterious place they find themselves, an island seemingly beset with magic, strangeness, ineffable presences. And you and I, and, yes, all of us, find ourselves inexplicably thrown up on this island that is the world, and we too, if we are attentive, hear the strange music, the sounds and sweet airs, that seems to come from nowhere and everywhere

No, I'm not talking about the usual ubiquitous clamor, the roar of internal combustion, the blare of the television, the beeping of mobile phones. I'm not talking about the Limbaughs and the Becks, the televangelists, the blathering politicians, the twitterers and bloggers (including this one). I'm not even talking about the exquisite music of Mozart, the poetry of Wordsworth, the theories of Einstein.

I'm talking about the sounds we hear in utter silence, in moments of repose, in the heart of darkness, when we are a little bit afraid, disoriented, off kilter. A strange music that comes from beyond our knowing, a felt meaning. You've heard it. I've heard it. You'd have to be deaf not to have heard it. 

Where we differ is how we describe it. Mostly, we give its source a name. Angels. Fairies. Gods or demons. Yahweh. Allah. Father, Son and Holy Spirit. Nixies, E.T.s, shades and shadows. Naiads, dryads, Ariel and Puck. A host of invisible creatures who are, in one way or another, images of ourselves. And, in naming, we are a little less afraid.

And some of us are just content to listen, to take delight. Having woken to the inexplicable mystery of the world- the sounds and sweet airs that give delight and hurt not- we let the music lull us back into a sweet slumber, a kind of dreamless dream, a reverie. Does reverie share a deep root with reverence? I don't know.”

"One Chance..."

“You get that one chance; and damn it, you’ve got to take it! If there’s one lesson I know I will take with me for eternity, its that there are those things that might happen only once, those chances that come walking down the street, strolling out of a café; if you don’t let go and take them, they really could get away! We can get so washed out with a mindset of entitlement – the universe will do everything for us to ensure our happiness – that we forget why we came here! We came here to grab, to take, to give, to have! Not to wait! Nobody came here to wait! So, what makes anyone think that destiny will keep on knocking over and over again? It could, but what if it doesn’t? You go and you take the chance that you get; even if it makes you look stupid, insane, or whorish! Because it just might not come back again. You could wait a lifetime to see if it will… but I don’t think you should.”
- C. JoyBell C.

Jeremiah Babe, "Warning! Collapse Of Society And Economy Unstoppable!"

Jeremiah Babe, 8/14/23
"Warning! Collapse Of Society And Economy Unstoppable!"
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"As interest payments balloon, a US debt default is mathematically inevitable, says former stock broker Bill Holter. He expects a currency collapse that will destroy the Americans' standard of living. He discusses geopolitical events that could accelerate the crash and concrete ways to prepare for the tough times ahead."

"Food Shortages & What They Don't Want You To Know! Fall And Winer 2023"

Adventures With Danno, PM 8/14/23
"Food Shortages & What They Don't Want 
You To Know! Fall And Winer 2023"
We are exposing the truth behind all of these food shortages, 
price gouging, and what they don't want you to know about all of this!
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The Daily "Near You?"

Calgary, Alberta, Canada. Thanks for stopping by!

"Getting Information Off The Internet..."

 

Oh, I know, I know. The world's a complicated place...

"Ukraine/Russia War 8/14/23"

Col.Douglas Macgregor, Straight Calls - 8/14/23
"This Counter-Offensive Against Russia Has Failed Miserably"
"Analysis of breaking news and in-depth discussion of current geopolitical events in the United States of America and the world."
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Judge Napolitano - Judging Freedom, 8/14/23
"Ukraine War - Fighting is Fierce, 
But No Movement w/Ray McGovern fmr CIA"
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Judge Napolitano - Judging Freedom, 8/14/23
"Killing is Not Slowing Down in Ukraine Russia War, 
w/Tony Shaffer, fmr DoD"
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Dan, I Allegedly, "Banks Are Setting Up More Phony Accounts"

Full screen recommended.
Dan, I Allegedly, 8/14/23
"Banks Are Setting Up More Phony Accounts"
"People are falling victim to synthetic identity fraud. More people are setting up bank accounts by just having partial information on a person. Wells Fargo bank is getting sued again for this."
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"How It Really Is"

 

"Empire of Debt...and Destruction"

"Empire of Debt...and Destruction"
Ukrainian forces retreat, along with the press,
 as the great transfer of power and money continues.
by Bill Bonner

Dublin, Ireland - "In our 2006 book, ‘Empire of Debt,’ we pointed out that empires are typically ruined by a combination of disastrous financial policies (debt and inflation) along with reckless military adventures. We forecast that America would suffer both scourges. The cost of the latter almost guarantees the former. America’s ‘foreign policy’ establishment – Pentagon, defense industries, Congress, embassies, foreign aid…along with involvement in NATO, IMF, World Bank etc. – costs $1.5 trillion per year. So, here’s an update.

Even the toady press now suggests that Russia is winning the Russo-Ukrainian war. Despite months of reports on how the Russian military was falling apart, the latest news shows that Ukraine’s “summer offensive” has failed…and now the Russkies are counterattacking. Moon Of Alabama reports: "Western media have finally changed course. They are now admitting that the much promoted Ukrainian counter-offensive has failed. In fact, they acknowledge that it never had a chance to win in the first place." The Hill, the Washington Post and CNN now agree that the Ukrainian army will never achieve its aims.

In the northeast around Kupyansk the Russians have started their own offensive which has the Ukrainians on the run. Ukraine has ordered the evacuation of the area: "A mandatory evacuation has been ordered for the Ukrainian city of Kupyansk and its surrounding areas, as Russia intensified shelling of Ukraine’s northeastern Kharkiv region and claimed to have captured Ukrainian positions near the city on Thursday. But Kupyansk is a Russian city and people refuse to leave."

Megapolitics: Things are not always what they seem. And sometimes, the real meaning is hidden far below the surface. Like the North Atlantic – on the surface, chilly winds blow…and icebergs endanger big ships… while deeper down, a huge undersea current brings water from the southern seas to warm a whole continent. Empires have their own purposes and destinations, too. From the Abbasid Caliphate to the Zulu Empire, they dominate…and then they die.

You don’t have to be a military genius…or get secret updates from the CIA…to see that the West’s proxy war in the Ukraine is not going as well as expected. The Military/Industrial/Spook complex controls the surface weather reports. And it has a keen interest in seeing things a certain way…not necessarily as they are, but as they would like you to think they were. So, to see what is going on, you have to look beneath the waves.

The mainstream press made it sound as if Putin’s aim was to march across Europe, like the Huns in the 5th century, raping the horses and riding off on the women. If so, he had to be stopped. And he was. Like the brave Polish knights who beat back the Muslim army of Mehmed IV in 1683, the Ukrainians put on their armor and stopped the Russians at the gates of Kiev. By that reckoning, Putin has clearly failed. His forces are now holed up in the Russian-speaking Eastern provinces of the Ukraine, where people wanted to leave the Ukraine anyway. But there is no evidence that Putin had any further ambitions than those he openly declared: trying to protect its southwestern flank from further NATO encroachment.

Ulterior Motives: In either case, the Russians – who were said to be such an offensive threat to Western Democracy – are now fighting a defensive war. In deep trenches…protected by mines and artillery…the defenders are hard to dislodge. And from Gettysburg to the Somme, attackers usually suffer huge losses and gain nothing. The ‘summer offensive’ was no exception.

Which leads us to a little question: how come? Military observers must have known that the Ukraine lacked the air support and the artillery to roll over Russian defenses. Why did they let the attack go ahead, knowing it would produce little more than burnout tanks and lifeless bodies?

The same question might be posed about the whole war. How could the US and NATO lose a war in the Ukraine? US GDP is $24 trillion. EU GDP is $18 trillion. Russia’s tiny $1.8 trillion economy is no match.

A clear victory would have sent the Russians running back to their homeland…begging for peace in order to avoid a NATO invasion. Then, beaten and humiliated, Russia would be no further danger. But there was considerable danger and uncertainty. The Russians might ‘go nuclear.’ There could be chaos...confusion…and maybe a civil war in Russia. The idealists hesitated. They say they want ‘regime change’ in Russia…but Putin’s most likely successors are more nationalistic, more anti-West than he is. And if the war were meant to protect democracy, it has been a dismal failure. Responsible statecraft: "Kyiv has outlawed opposition parties, arrested opposition leaders, closed opposition newspapers and broadcast media, cracked down on religious freedom, and indicated that presidential elections scheduled for 2024 will not be held if the war is still underway."

“They Wanted War”: The ‘neo-realists’ drew back too. They want to play the game, not upset the game board. Pursuing a winning strategy would be too risky for them. Besides, the US has no plausible interest in bumbling around the Eurasian steppes.

Already, John Mearsheimer sees the war in the Ukraine as a mistake. Rather than giving battle to Russia in the Ukraine…the US should prepare to confront a more worthy opponent in the Far East. A better strategy, he says, would have been to join forces with Russia to oppose the Chinese titan. As it is, the war pushes the Chinese, Russians, Iranians and others, into an alliance against the US…and even provides them a tutorial on current US military hardware and battlefield tactics.

And so, we have our answer; there never was a realistic path to victory, neither for the realists nor the idealists. In March 2020, Anthony Blinken and Boris Johnson pressured Zelensky not to accept a diplomatic settlement. They wanted war. They provided just enough help to keep the war going, but not enough to end it. It is an imperial war, after all. As a pretext for transferring more wealth and power to the ‘experts’ and their gun-toting enforcers, it has been a great success for all of them. But its deep purpose is to weaken the empire, not strengthen it. And so it continues. A beautiful quagmire…"

Jim Kunstler, "No Mas"

"No Mas"
”It’s not Left vs Right anymore, it’s anti-establishment versus pro-establishment.” 
- Glenn Greenwald
by Jim Kunstler

"Karma is God’s hickory switch, and almost always applied with a cosmic chortle. Things come around when a certain excess cargo of cognitive dissonance breaks the brains of those just struggling to carry on. The country has had enough - enough walking-talking hypocrisies, enough trips laid on it, enough Tik-tok lectures from the nose-rings-for-lunch-bunch. We’re at the end of something and the beginning of something new. As in: an ass-beating is coming down.

Cue one Oliver Anthony, southern country boy with a flaming red beard and a new anthem for millions sore-beset by the relentless effronteries of the ruling elites. Rolling Stone Magazine, a ruling elites house organ, played the phenomenon this way:
These things listed above are…what? Things that Rolling Stone is in favor of? Pet causes? High taxes and obese people on welfare? And Mr. Anthony’s song is dissing them? You mean Right-Wing influencers shouldn’t mention Jeffrey Epstein’s name? Is it just plain rude… or does it stir up unappetizing questions that are better off not being asked (in polite company)? Kind of shows you where the battle lines are drawn now, doesn’t it?

Perhaps the final insult galvanizing all this sentiment in a song was Merrick Garland’s devious Friday afternoon announcement - when, theoretically, no one was paying attention - that he appointed US Attorney David Weiss as Special Counsel in the Hunter Biden matter. This is the same David Weiss, you understand, who oversaw the Hunter Biden investigation for the past five years before ascertaining anything that might be chargeable from a vast inventory of financial crimes with an overlay of documented sex and drug transgressions. The same David Weiss who let the statute of limitations run out on many of those crimes while he dawdled and frittered in Wilmington. The same David Weiss who cooked up a wrist-slap plea agreement on all this, with a hidden Get-Out-Of-Jail-Free clause inserted slyly in the fine print of the so-called “diversion agreement” that would have immunized Hunter B against any further inquiries - which Judge Maryellen Noreika discovered only by chance at the last moment, scotching the deal. (And yet, the government now claims that the diversion agreement - and Hunter B’s immunity from further charges - “stands alone,” is “in effect” and “still binding.” Hmmmm...)

This sort of in-your-face audacity sums up Mr. Garland’s reckless, lawless run as a rogue attorney general. But then who do you appeal to for relief? Anybody wondering why there is actually no justice in America these days need seek no further. By the way, the appointment of Mr. Weiss was patently illegal. The Special Counsel statute states plainly that the post can only be occupied by someone not in the employ of the government. Does Mr. Garland not know how this works?

What the AG also flung in America’s face was the “ongoing investigation” dodge that supposedly would allow the DOJ to avoid answering any congressional inquiries into Hunter Biden’s tangled financial crimes, which, after all, were committed in the service of the Biden family global racketeering operation. Has a cover-up ever been more blatant? And so now the time has come to impeach Merrick Garland for breaking the special counsel law and obstruction of justice. It’s pretty cut and dried, and it should be the first order of business when Congress returns from its August recess making the rounds of the county fairs. The second order of business should be the impeachment of “Joe Biden,” if he hasn’t resigned before Labor Day.
o
On a different but hugely consequential note, and related to the long-running outlandish mendacity of the US government, an attorney for the Federal Drug Administration told a federal appeals court in Louisiana hearing a lawsuit last week that the agency actually had no policy against the use of ivermectin for Covid-19.

FDA was not regulating the off-label use of drugs These statements are not regulations they have no legal consequences they don’t prohibit doctors from prescribing Ivermectin to treat COVID or for any other purpose. Quite to the contrary there are three instances I’d like to point the court to in the record that show that FDA explicitly recognizes that doctors do have the authority to prescribe ivermectin to treat COVID.”

How true is that? The FDA coerced Blue Cross and other insurers to warn doctors not to prescribe ivermectin for Covid-19, and likewise the Federation of State Medical Boards and National Association of Boards of Pharmacy to not fill doctor’s prescriptions for ivermectin for Covid-19 patients, despite the fact that it was among the best, most effective, and safest treatments for the disease. The FDA put out public service announcements telling Americans not to take ivermectin. The net effect was that state medical boards persecuted doctors for prescribing the drug (e.g., Maine Medical Board’s persecution of Dr, Meryl Nass). Also that hundreds of thousands of Covid-19 patients were denied early treatment, many of whom died.

We all know why the FDA pretended that ivermectin was not allowed to be used. Because it would have removed the Emergency Use Authorization that designated mRNA shots as the sole response to Covid, and it would have obviated the pharma companies’ liability shield for anything that went wrong. Of course, the whole damn thing went wrong and millions are now paying the price. Is this the beginning of the unwind of a colossal crime by those Rich Men North of Richmond against the people of this land?

"Rich Men North Of Richmond" Tops iTunes As Voice Of Working-Class Goes Viral"

"Rich Men North Of Richmond" Tops iTunes 
As Voice Of Working-Class Goes Viral"
by Tyler Durden

"The raw honesty of a former factory worker in what could be the protest song of our generation has become an internet sensation overnight. The song "Rich Men North of Richmond" has skyrocketed to No. 1 on iTunes this weekend.

Oliver Anthony, a former factory worker who decided to pursue a life in music last year and is living in the forgotten part of the US, Appalachia, an area plagued with an opioid crisis and abandoned factories, tells the story of the working-class folk who struggle daily while being ignored and mocked by political elites. Here is the first couple of lines from the song:

"I've been selling my soul, working all day, overtime hours for bullshit pay,
So, I can sit out here and waste my life away, drag back home, and drown my troubles away.
It's a damn shame what the world's gotten to for people like me - for people like you.
Wish I could just wake up and it not be true. But it is. Oh, it is."

Rich Men North of Richmond was first posted on YouTube four days ago by "radiowv," which shows Anthony performing an acoustic performance of what some are saying is the "anthem for 80+ million Americans who have been smeared, ignored, mocked, slandered, and robbed by their own government."

This song has gone viral because it resonates with working-class folk -- it's real and raw and just a man and his guitar, three dogs, and singing in his backwoods without a fancy Hollywood studio powered by artificial intelligence. The song continues:

"Living in the New World – with an old soul.
These rich men north of Richmond. Lord knows it all. Just want to have total control.
Want to know what you think, want to know what you do.
And they don't think you know. But I know that you do.
Because your dollar ain't shit, and it's taxed to no end
 because the rich men north of Richmond.
I wish politicians would look out for miners and not just minors on an island somewhere.
Lord, we got folks in the street, ain't got nothing to eat, and the obese milking welfare.
God, if you're five foot three, and you're 300 pounds, 
taxes ought not to pay for your bags of fudge rounds.
Young men are putting themselves 6 feet in the ground 
because all this damn country does is keep on kicking them down.
Lord, it's a damn shame – what the world's gotten to for people like me, people like you.
Wish I could just wake up and it not be true. But it is. Oh, it is.
Living in the New World – with an old soul.
These rich men north of Richmond. Lord knows they all just want to have total control.
Want to know what you think, want to know what you do. 
And they don't think you know. But I know that you do.
Because your dollar ain't shit, and it's taxed to no end
 because the rich men north of Richmond.
I've been selling my soul, working all day, overtime hours for bullshit pay…"

Anthony's other songs, "Aint Gotta Dollar" and "I've Got to Get Sober" and "I want to go Home" and "Virginia" and "Rich Mans Gold" and Feeling Purdy Good" and "Always Love You" and "Stuck Living in the New World" have also jumped to the top 20 songs on iTunes.

Enjoy the song..."
Hat Tip to ZeroHedge for this material.

"Exclusive: Hunter Biden’s Secret Diary"

"Exclusive: Hunter Biden’s Secret Diary"
by John Wilder

"We here at Wilder, Wealthy, and Wise® have come across a huge scoop: we have found the diaries of Hunter Biden from grade school all the way up to last week. They were left on the doorstop of our law firm, Dewey, Cheatem, and Howe with a note that said, “Too hot for James O’Keefe! Good luck, Johnny, I’m your biggest fan! – J.”

Cataloging the material was difficult, and there were times where I became concerned. Later pages were covered with powdery substances, and I wasn’t sure if I was going to be in trouble with the DEA if they raided Stately Wilder Manor. No problem – my dog, Foreshadowing, ate them and then ran around the house 43 times. Then all of Foreshadowing’s teeth fell out and checks from Ukrainian mobsters started showing up in my mailbox.

I’ve skipped much of the information in the diaries, since it’s probably good to keep what happens between a man, his dog, seventeen Filipino hookers and a jar of peanut butter private. Of course, none of that happened, which is why I’m grateful the word “parody” exists.

July, 1977: I wanted my dad to take me to see starwars agin but he said know because dad said that he was woried we’d grow up in a raciall jungle. I like jungles! I talked with Beau, and Beau told me to shut up because I was too stupid to understand. I said, no, Im seven so I know wat a jungle is, but Beau said I had brain damage. I think I wanna coke.

June, 1988: Holy cow, boys, having your dad running for president is just friggin’ awesome! I was busted in Jersey with a bunch of drugs. I just flashed my driver’s license. Biden, bitches! It cracks me up that the old man is all “let’s get tough on drugs” but when I get bussssted, nada happens. Old man says that he’ll make a phone call. Cracks me up when dad says in speeches that all drug users should be held accountable. Ha! Unless your name is Biden. Bitches!


In a dictatorship in Africa, we’d call this corruption. Here? We don’t talk about it.

June, 1994: So, dad explains it this way. My grades at Georgetown were crap, but he pulled strings and got me into Georgetown law, which sucks, because Georgetown is so low rent. Of course, Beau had to go to dad’s alma mater, Syracuse. Today, it all changed! Apparently, dad had Bill Clinton call the dean, Guido Calabresi (seriously Goodfellas vibes) at Yale, and I can transfer from Georgetown to Yale! Dad says that since I’m a Biden, well, “don’t worry about grades, son” and I won’t! Woooo! Yale! It’s awesome to have the name Biden, bitches!!!

May, 2001: So, here I am at a law firm. My law firm! It’s called Oldaker, Biden and Belair. Join the firm, get your name on the door! How awesome is that? I think it’s because . . . I’m a Biden, bitches! Partner in one. The other thing is that absolutely no one here cares about how much you drink or how many drugs you do. Drink after lunch to take the edge off? Fine. My name’s on the door. Parties? Plenty of those, and the booze and, well, other things flow freely. I think I’m in heaven.


I love putting on warm underwear, fresh from the dryer. I then look around the laundromat and wonder who it belongs to.

September, 2008: Dad says I have to quit working as a lobbyist because Obummer said so. Dad said that being vice president was way better than being senator, so I have to stop doing God’s work, lobbying for online gambling, biotechnology companies, and colleges wanting federal funds, I mean, the most needy and moral people. I’m so sad.

February 19, 2014: Kicked out of the Navy Reserve today. Dad and I had a discussion, which means he yelled at me. “You idiot, you understood you were getting a drug test, right? And that coke is only detectable for a day or two, right? The head of the Joint Chiefs said that, and I quote, you had enough cocaine in your urine to qualify your urine as a controlled substance.” Yeah, it was bad. Not bad? My company, Rosemont Seneca Thornton, just got $3,500,000 sent to us from a Russian dude! Why? We’re not sure, but all I have to say is... Bidenz, Bitches!!!!


2014 was a very good year.

April, 2014: New job, new job, new job! This one has me being on the Board of Directors of some company in Ukraine. I think they make chlorine gas or helium gas or something. The best part? My salary. $1,000,000. A year! Bidenz, Bitches! Ha! Best part? I’m not sure I have to do anything!

April 14, 2017: My life has kinda been a haze since I got the job at Buriisma. Or however you spell it. A million bucks a year, but they cut my salary to half after dad was no longer veep. Dammit. Why couldn’t he have beaten Aunt Hillary? I think dad was scared, something about, “Don’t cross Hillary, that’s worse than the Chicago Mob.” But today I finally got divorced. Kathy was always upset about the cocaine and the crack and the Filipino prostitutes, but I think it was the video of the dog that got to her. She said, “Hunter, that’s enough. We’re done here.” I didn’t mention that Beau’s widow was looking pretty fine at the funeral... I wonder if that’s what finally put her over the edge? Or the fact that I was bangin’ Beau’s babe was on the front page of Page Six®?


Hunter’s date didn’t like bottles, she only liked it in the can.

August, 2018: Stripper? Arkansas? My kid? Jeez, how much crack did I do that night?

April, 2019: So, my laptop is broken. I think I dropped it off to get fixed, but I was so high that I’m not sure I did that or maybe the laptop ran away. I think the running away part was a dream. Regardless, what bad could come of that?

May, 2019 Met a girl, six days later we’re married. This will turn out well – Biden, Bitches!

October, 2020: Guess they found the laptop. Thankfully, all the CIA dudes signed a thing that said it wasn’t really mine. Whew! Dad would be mad about that if it was. I guess I believe the CIA guys, except a lot of those pictures look really familiar.

July, 2022: My art has done awesome! I must be good at art! My paintings have sold for lots of money! So far it’s over $1,300,000 for like 11 of them. It’s not as good as Buriisma money, but it’s still pretty good. I mean, some of those paintings took me hours to make. One person bought almost $900,000 of them. I’m not sure if she’s the one that dad appointed to that special commission, but, whatever. I’m an artist. Biden, bitches!


Shooting down the Chinese balloon is the only thing Biden has done to stop inflation.

June, 2023: My lawyer says I’m not in any trouble anymore. Turns out that he knows the DOJ guy and they have a deal worked out for special people like me that I can just claim I’ll pay my taxes in the future, and won’t buy anymore guns while all coked up. Excellent deal, plus they said they put in a sweetener – gets me immunity from essentially anything I’ve ever done up to now. Bidenz, Bitches!!!!

August, 2023: That stupid judge threw out my special deal. Dad says it will be fine, though. The same guy who negotiated it for the DOJ is now a “special prosecutor” which means that he “especially” won’t be prosecuting me for anything. And I have a child support deal that makes sure that Arkansas stripper’s kid gets some of my paintings. Sure! I can do about sixty of those a day!

You know, sometimes I like to reflect back on my life. I wonder if I would be an asset to society if I were living a clean, sober, honest life and financially supporting my children while not snorting enough drugs to paralyze Robert Downey, Jr while getting into less trouble for federal felonies than the average man would if they were arrested for jaywalking.

Nah."

"Things Are About To Go From Bad To Much Worse... Here Is The Proof"

Gregory Mannarino, 8/14/23
"Things Are About To Go From Bad To 
Much Worse... Here Is The Proof"
Comments here:

"Economic Market Snapshot 8/14/23"

"Economic Market Snapshot 8/14/23"
Market Data Center, Live Updates:
Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!
"It's a Big Club, and you ain't in it. 
You and I are not in the Big Club."
- George Carlin
A comprehensive, essential daily read.
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: creditequity valuationfunding, safe assets and volatility. The FSI shows stress contributions by three regions: United Statesother advanced economies, and emerging markets."
Job cuts and much more.
Commentary, highly recommended:
"The more I see of the monied classes,
the better I understand the guillotine."
- George Bernard Shaw
Oh yeah... beyond words. Any I know anyway...
And now... The End Game...
o

Canadian Prepper, "Poland Prepares For Invasion"

Full screen recommended.
Canadian Prepper, 8/13/23
"Poland Prepares For Invasion; Crops Wiped Out; 
Nuclear Test; Fires Rage; Peak Oil Demand"
Comments here:

"Disney Sees Big Trouble In Housing Market; Small Banks Will Be Crushed"

Jeremiah Babe, 8/13/23
"Disney Sees Big Trouble In Housing Market; 
Small Banks Will Be Crushed"
Comments here:

Sunday, August 13, 2023

"Ten Big Box Retail Stores Just Closed Their Doors Forever"



Full screen recommended.
"Ten Big Box Retail Stores Just Closed Their Doors Forever"
by The Economic Ninja

"Since 2017, Retail Dive has tracked major bankruptcies in the U.S. retail industry. Over the years, we’ve chronicled the long decline of once-dominant chains like Sears, and the unexpected and swift demise of others, like Lord & Taylor.

Even in that short timeframe, some retailers have fallen victim to bankruptcy not once, but twice. In 2019 alone, both Gymboree and Payless filed for their second bankruptcies in two years. And in 2020, with many retailers facing shuttered stores and slow traffic, a record number of retailers - including many who had been teetering for years - filed.

Some retailers that enter bankruptcy leave most of their stores behind, opting for a more digital-focused approach, while others are bought out by landlords and continue to operate large footprints. Some brands disappear entirely, while others seem to resurrect again and again. After Toys R Us’ swift liquidation in 2018, for example, the iconic toy brand is now sold at Macy’s.

Now the list includes: Lunya, Rockport Group, Christmas Tree Shops, Bed Bath & Beyond, Shoe City, Tuesday Morning, David’s Bridal, Independent Pet Partners, Party City, Forma Brands."
Comments here:

"The Retirement Crisis Will Push Nearly 50% Of All American Families To A Financial Disaster"

Full screen recommended.
"The Retirement Crisis Will Push Nearly 50% Of 
All American Families To A Financial Disaster"
by Epic Economist

"The retirement crisis can push half of all Americans to the brink of financial ruin, according to a new survey. In today’s video, we will present this and some of the most important statistics and insights that everyone should know about the state of retirement in the United States. Today, millions of individuals in their 60s and 70s are experiencing financial insecurity.

A new survey conducted by Third Way showed that 36% of adults feel less prepared for retirement than their parents. Currently, only 47% of workers in America have access to a retirement plan at their job. Although safety nets such as Social Security and Medicare are offered to some U.S. retirees, none of these can cover a comfortable retirement, and there is no guarantee that they will be sufficiently funded until 2030. We’re, in fact, in the first retiring generation in which more than half of the population doesn’t have a pension to cover part of their retirement costs. In other words, this is the first generation where the majority of Americans must rely on their own saving efforts to prepare for retirement. But at this point, 1 in 3 seniors are already facing a retirement crisis because they have no savings or are at risk of running out of money in the near future.

Meanwhile, 51% of consumers between the ages of 45 and 75 feel they do not have enough retirement savings to last their lifetime. And almost a third, or 32%, are not confident they will have enough money in retirement to cover basic monthly expenses.

Instead of achieving a comfortable retirement, most households in America are facing increasing distress and financial insecurity. While many families actually plan to swap the family house for a smaller one or to move to a less expensive community, when this is a choice, it can be an excellent way to boost your savings. But for many families, downsizing won’t just be an option. It will be almost mandatory.

That’s the result of a recent study published by Boston College’s Center for Retirement Research. The findings are alarming. Fully half of the nation’s working-age households will not have enough money to maintain their standard of living once in retirement. Making matters worse, this study assumes a strong working and saving life in which people work until age 65 and annuitize their assets, and even account for Social Security income.

Instead, 42 million out of 83 million working-age households will have to cut back on both luxuries and necessities in order to afford retirement. And inequities in our retirement system are holding younger workers back from achieving economic security during their later years.

The future of our population has never looked so uncertain. For half of all Americans, retirement will not be something to look forward to. It will be an era of struggle and want. It will be a time of despair in the United States. Financial literacy and information are the only way out of this. But unfortunately, that may seem too much for a nation where ignorance is applauded."
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