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Thursday, January 16, 2025

Dan, I Allegedly, "Pay Up You Dead Beat"

Full screen recommended.
Dan, I Allegedly, AM 1/16/25
"Pay Up You Dead Beat"

"Power outages are creating chaos, and it’s clear - having a generator is no longer optional, it’s essential! In this video, I share why you need to prepare NOW and how families in Southern California are scrambling to find generators as power companies preemptively shut off electricity. Whether it’s protecting your food, staying safe during storms, or ensuring your lights stay on, I walk through the importance of being ready when disaster strikes. Plus, I visited Harbor Freight, and they’ve got inventory - don’t wait until it’s too late!

We also dive into some major updates, from the creation of the new External Revenue Service (ERS) targeting unpaid foreign taxes, to economic shifts like layoffs, rising rents, and how companies like Capital One are facing lawsuits for questionable practices. It’s a wild time with big changes happening, so you’ve got to stay informed and prepared.

Don’t forget to prep your home, stock up on essentials, and think about how you’d survive without power or food for a while. If you’ve got tips or stories to share, let me know in the comments."
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Gregory Mannarino, "Markets: Extreme Caution Advised"

Gregory Mannarino, AM 1/16/25
"Markets: Extreme Caution Advised"
"Do you see this as I do? Think about it. Collectively central banks continue to lower the purchasing power of the currency. Moreover, as they lower rates, this mechanism gets worse aster. In my opinion, devaluing the currency is grand theft on a world wide scale, and frankly on an unimaginable scale! Why isn't anyone talking about this? Rising prices are a DIRECT RESULT of the currency being debased! Count on more political trickery to continue to assign blame as a deception to keep you from understanding what is the root cause for inflation..."
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o
Gregory Mannarino, PM 1/16/25
"Economic Disaster Dead Ahead, 
Look For Excuses, Scapegptas And Assigning Of Blame"
Comments here:

"The Ceasefire Charade"

"The Ceasefire Charade"
Israel plays a cynical game. It makes phased agreements with the 
Palestinians that ensure it immediately gets what it wants. 
It then violates every subsequent phase and reignites its military assault.
by Mr. Fish

"Israel, going back decades, has played a duplicitous game. It signs a deal with the Palestinians that is to be implemented in phases. The first phase gives Israel what it wants - in this case the release of the Israeli hostages in Gaza - but Israel habitually fails to implement subsequent phases that would lead to a just and equitable peace. It eventually provokes the Palestinians with indiscriminate armed assaults to retaliate, defines a Palestinian response as a provocation and abrogates the ceasefire deal to reignite the slaughter.

If this latest three-phase ceasefire deal is ratified - and there is no certainty that it will be by Israel - it will, I expect, be little more than a presidential inauguration bombing pause. Israel has no intention of halting its merry-go-round of death. The Israeli cabinet has delayed a vote on the ceasefire proposal while it continues to pound Gaza. At least 81 Palestinians have been killed in the last 24 hours.

The morning after a ceasefire agreement was announced, Israeli Prime Minister Benjamin Netanyahu accused Hamas of reneging on part of the deal “in an effort to extort last minute concessions.” He warned that his cabinet will not meet “until the mediators notify Israel that Hamas has accepted all elements of the agreement.” Hamas dismissed Netanyahu’s claims and repeated their commitment to the ceasefire as agreed with the mediators.

The deal includes three phases. The first phase, lasting 42 days, will see a cessation of hostilities. Hamas will release some Israeli hostages – 33 Israelis who were captured on Oct. 7, 2023, including all of the remaining five women, those aged above 50, and those with illnesses – in exchange for up to 1,000 Palestinians imprisoned by Israel.

The Israeli army will pull back from the populated areas of the Gaza Strip on the first day of the ceasefire. On the 7th day, displaced Palestinians will be permitted to return to northern Gaza. Israel will allow 600 aid trucks with food and medical supplies to enter Gaza daily.

The second phase, which begins on the 16th day of the ceasefire, will see the release of the remaining Israeli hostages. Israel will complete its withdrawal from Gaza during the second phase, maintaining a presence in some parts of the Philadelphi corridor, which stretches along the eight-mile border between Gaza and Egypt. It will surrender its control of the Rafah border crossing into Egypt.

The third phase will see negotiations for a permanent end of the war.

But it is Netanyahu’s office that appears to have already reneged on the agreement. It released a statement rejecting Israeli troop withdrawal from the Philadelphi Corridor during the first 42-day phase of the ceasefire. “In practical terms, Israel will remain in the Philadelphi Corridor until further notice," while claiming the Palestinians are attempting to violate the agreement. Palestinians throughout the numerous ceasefire negotiations have demanded Israeli troops withdraw from Gaza. Egypt has condemned the seizure of its border crossings by Israel.

The deep fissures between Israel and Hamas, even if the Israelis finally accept the agreement, threaten to implode it. Hamas is seeking a permanent ceasefire. But Israeli policy is unequivocal about its “right” to re-engage militarily. There is no consensus about who will govern Gaza. Israel has made it clear the continuance of Hamas in power is unacceptable. There is no mention of the status of the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), the U.N. agency that Israel has outlawed and that provides the bulk of the humanitarian aid given to the Palestinians, 95 percent of whom have been displaced. There is no agreement on the reconstruction of Gaza, which lies in rubble. And, of course, there is no route in the agreement to an independent and sovereign Palestinian state.

Israeli mendacity and manipulation is pitifully predictable. The Camp David Accords, signed in 1979 by Egyptian president Anwar Sadat and Israeli prime minister Menachem Begin, without the participation of the Palestine Liberation Organization (PLO), normalized diplomatic relations between Israel and Egypt. But the subsequent phases, which included a promise by Israel to resolve the Palestinian question along with Jordan and Egypt, permit Palestinian self-governance in the West Bank and Gaza within five years, and end the building of Israeli colonies in the West Bank, including East Jerusalem, were never honored.

Or take the 1993 Oslo Accords. The agreement, signed in 1993, which saw the PLO recognize Israel’s right to exist and Israel recognize the PLO as the legitimate representatives of the Palestinian people, and Oslo II, signed in 1995, which detailed the process towards peace and a Palestinian state, was stillborn. It stipulated that any discussion of illegal Jewish “settlements” was to be delayed until “final’ status talks, by which time Israeli military withdrawals from the occupied West Bank were to have been completed. Governing authority was to be transferred from Israel to the supposedly temporary Palestinian Authority. The West Bank was carved up into Areas A, B and C. The Palestinian Authority has limited authority in Areas A and B. Israel controls all of Area C, over 60 percent of the West Bank.

The right of Palestinian refugees to return to the historic lands seized from them in 1948 when Israel was created - a right enshrined in international law - was given up by the PLO leader Yasser Arafat, instantly alienating many Palestinians, especially those in Gaza where 75 percent are refugees or the descendants of refugees. Edward Said called the Oslo agreement “an instrument of Palestinian surrender, a Palestinian Versailles” and lambasted Arafat as “the Pétain of the Palestinians.”

The scheduled Israeli military withdrawals under Oslo never took place. There was no provision in the interim agreement to end Jewish colonization, only a prohibition of “unilateral steps.” There were around 250,000 Jewish colonists in the West Bank at the time of the Oslo agreement. They have increased to at least 700,000. No final treaty was ever concluded.

The journalist Robert Fisk called Oslo “a sham, a lie, a trick to entangle Arafat and the PLO into abandonment of all that they had sought and struggled for over a quarter of a century, a method of creating false hope in order to emasculate the aspiration of statehood.”

Israeli prime minister Yitzhak Rabin, who signed the Oslo agreement, was assassinated on Nov. 4, 1995 following a rally in support of the agreement, by Yigal Amir, a far-right Jewish law student. Itamar Ben-Gvir, now Israel’s National Security Minister, was one of many rightwing politicians who issued threats against Rabin. Rabin’s widow, Leah, blamed Netanyahu and his supporters - who distributed leaflets at political rallies depicting Rabin in a Nazi uniform - for her husband’s murder.

Israel has carried out a series of murderous assaults on Gaza ever since, cynically calling the bombardment “mowing the lawn.” These attacks, which leave scores of dead and wounded and further degrade Gaza’s fragile infrastructure, have names such as Operation Rainbow (2004), Operation Days of Penitence (2004), Operation Summer Rains (2006), Operation Autumn Clouds (2006) and Operation Hot Winter (2008).

Israel violated the June 2008 ceasefire agreement with Hamas, brokered by Egypt, by launching a border raid that killed six Hamas members. The raid provoked, as Israel intended, a retaliatory strike by Hamas, which fired crude rockets and mortar shells into Israel. The Hamas barrage provided the pretext for a massive Israeli attack. Israel, as it always does, justified its military strike on the right to defend itself.

Operation Cast Lead (2008-2009), which saw Israel carry out a ground and aerial assault over 22 days, with the Israeli air force dropping over 1,000 tons of explosives on Gaza, killed 1,385 - according to the Israeli human rights group B’Tselem - of whom at least 762 were civilians, including 300 children. Four Israelis were killed over the same period by Hamas rockets and nine Israeli soldiers died in Gaza, four of whom were victims of “friendly fire.” The Israeli newspaper Haaretz would later report that “Operation Cast Lead” had been prepared over the previous six months.

Israeli historian Avi Shlaim, who served in the Israeli military, wrote that: "The brutality of Israel’s soldiers is fully matched by the mendacity of its spokesman…their propaganda is a pack of lies…It was not Hamas but the IDF that broke the ceasefire. It did so by a raid into Gaza on 4 November that killed six Hamas men. Israel’s objective is not just the defense of its population, but the eventual overthrow of the Hamas government in Gaza by turning the people against their rulers.

These series of attacks on Gaza were followed by Israeli assaults in November 2012, known as Operation Pillar of Defense and in July and August 2014 in Operation Protective Edge, a seven week campaign that left 2,251 Palestinians dead, along with 73 Israelis, including 67 soldiers.

These assaults by the Israeli military were followed in 2018 by largely peaceful protests by Palestinians, known as The Great March of Return, along Gaza’s fenced-in barrier. Over 266 Palestinians were gunned down by Israeli soldiers and 30,000 more were injured. In May 2021, Israel killed over 256 Palestinians in Gaza following attacks by Israeli police on Palestinian worshippers at the Al-Aqsa Mosque compound in Jerusalem. Further attacks on worshippers at Al-Aqsa mosque took place in April 2023.

And then the breaching of the security barriers on Oct. 7, 2023 that enclose Gaza, where Palestinians had languished under a blockade for over 16 years in an open air prison. The attacks by Palestinian gunmen left some 1,200 Israeli dead - including hundreds killed by Israel itself - and gave Israel the excuse it had long sought to lay waste to Gaza, in its Swords of Iron War."

This horrific saga is not over. Israel’s goals remain unchanged – the erasure of Palestinians from their land. This proposed ceasefire is one more cynical chapter. There are many ways it can and, I suspect, will fall apart. But let us pray, at least for the moment, that the mass slaughter will stop."

Travelling with Russell, "Russian Typical Apartment Tour: Could You Live Here?"

Full screen recommended.
Travelling with Russell, 1/16/25
"Russian Typical Apartment Tour:
 Could You Live Here?"
"What does a Russian typical apartment look like in Moscow, Russia? Join me on a tour of a brand new typical Russian apartment that is ready for sale or rental. The apartment is fully furnished and rented monthly."
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Adventures With Danno, "Jaw Dropping Prices At Kroger"

Full screen recommended.
Adventures With Danno, 1/16/25
"Jaw Dropping Prices At Kroger"
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Wednesday, January 15, 2025

"Alert: 5 Days, Prepare For War! Market Crash! Bird Flu! Russia In Flames! Polar Storm!"

Full screen recommended.
Canadian Prepper, 1/15/25
"Alert: 5 Days, Prepare For War! Market Crash! 
Bird Flu! Russia In Flames! Polar Storm!"
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Jeremiah Babe, "The Vultures Are Circling Los Angeles, Real Estate Will Never Be The Same"

Jeremiah Babe, 1/15/25
"The Vultures Are Circling Los Angeles, 
Real Estate Will Never Be The Same"
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Musical Interlude: 2002, “The Emerald Way”

Full screen recommended.
2002, “The Emerald Way”
“This is the title track to our album, ‘The Emerald Way.’ The Emerald Way refers to that moment in life when a pivotal choice must be made – to choose the way that is customary and expected of us – or to head down the overgrown hidden path leading to the unknown.”

"A Look to the Heavens"

“Bright clusters and nebulae abound in the ancient northern constellation of Auriga. The region includes the open star cluster M38, emission nebula IC 410 with Tadpoles, Auriga’s own Flaming Star Nebula IC 405, and this interesting pair IC 417 (lower left) and NGC 1931. An imaginative eye toward the expansive IC 417 and diminutive NGC 1931 suggests a cosmic spider and fly.
About 10,000 light-years distant, both represent young, open star clusters formed in interstellar clouds and still embedded in glowing hydrogen gas. For scale, the more compact NGC 1931 is about 10 light-years across.”

"5 Psychological Experiments That Explain The Modern World"

"5 Psychological Experiments
That Explain The Modern World"
by Kit Knightly

Excerpt: "The world is a confusing place. People do things that don’t make any sense, think things that aren’t supported by facts, endure things they do not need to endure, and viciously attack those who try to bring these things to their attention. If you’ve ever wondered why, you’ve come to the right place.

Any casual reader of the alternate media landscape will eventually come up with a reference to Stanley Milgram, or Philip Zimbardo, the “Asch Experiment” or maybe all three. “Cognitive Dissonance”, “Diffusion of Responsibility”, and “learned helplessness” are phrases that regularly do the rounds, but where do they come from and what they mean? Well, here are the important psycho-social experiments that teach us about the way people think, but more than that they actually explain how our modern world works, and just how we got into this mess."
View this outstanding complete article here:

"How Is One..."

“How is one to live a moral and compassionate existence when one is fully aware of the blood, the horror inherent in life, when one finds darkness not only in one’s culture but within oneself? If there is a stage at which an individual life becomes truly adult, it must be when one grasps the irony in its unfolding and accepts responsibility for a life lived in the midst of such paradox. One must live in the middle of contradiction, because if all contradiction were eliminated at once life would collapse. There are simply no answers to some of the great pressing questions. You continue to live them out, making your life a worthy expression of leaning into the light.”
- Barry Lopez

The Poet: Dylan Thomas, "Do Not Go Gentle Into That Good Night"

"Do Not Go Gentle Into That Good Night"

"Do not go gentle into that good night,
Old age should burn and rave at close of day;
Rage, rage against the dying of the light.

Though wise men at their end know dark is right,
Because their words had forked no lightning they
Do not go gentle into that good night.

Good men, the last wave by, crying how bright
Their frail deeds might have danced in a green bay,
Rage, rage against the dying of the light.

Wild men who caught and sang the sun in flight,
And learn, too late, they grieved it on its way,
Do not go gentle into that good night.

Grave men, near death, who see with blinding sight
Blind eyes could blaze like meteors and be gay,
Rage, rage against the dying of the light.

And you, my father, there on the sad height,
Curse, bless, me now with your fierce tears, I pray.
Do not go gentle into that good night.
Rage, rage against the dying of the light."

- Dylan Thomas
The Marmalade, "Reflections Of My Life"
"The world is a bad place, a bad place, a terrible place to live,
oh, but I don't want to die..."

The Daily "Near You?"

Pearland, Texas, USA. Thanks for stopping by!

"When I See..."

"When I see the blind and wretched state of men, when I survey the whole universe in its deadness, and man left to himself with no light, as though lost in this corner of the universe without knowing who put him there, what he has to do, or what will become of him when he dies, incapable of knowing anything, I am moved to terror, like a man transported in his sleep to some terrifying desert island, who wakes up quite lost, with no means of escape. Then I marvel that so wretched a state does not drive people to despair." 
- Blaise Pascal

Ahh, but it does...
“When the pain of leaving behind what we know outweighs the pain of embracing it, or when the power we face is overwhelming and neither flight nor fight will save us, there may be salvation in sitting still. And if salvation is impossible, then at least before perishing we may gain a clearer vision of where we are. By sitting still I do not mean the paralysis of dread, like that of a rabbit frozen beneath the dive of a hawk. I mean something like reverence, a respectful waiting, a deep attentiveness to forces much greater than our own.”
- Scott Russell Sanders

"None Of You Seem To Understand..."

“A person who has not been completely alienated, who has remained sensitive and able to feel, who has not lost the sense of dignity, who is not yet ‘for sale’, who can still suffer over the suffering of others, who has not acquired fully the having mode of existence – briefly, a person who has remained a person and not become a thing – cannot help feeling lonely, powerless, isolated in present-day society. He cannot help doubting himself and his own convictions, if not his sanity.” - Erich Fromm

"I often question my sanity. Occasionally, it replies."
 - Darynda Jones

“Are You Sane?”

“Are You Sane?”
by Charles Hugh Smith

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

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

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

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

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

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

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

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

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

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

John Wilder, "The French, Broken Windows, And The Intentional Destruction Of Wealth"

"The French, Broken Windows, 
And The Intentional Destruction Of Wealth"
By John Wilder

"Dead French dude Frédéric Bastiat was a French economist who died in 1850, but not after having written books and essays that influence economics to this day. Bastiat was handicapped by having to speak and write in French, which has the disadvantage of sounding exactly like a cat when it is drowning in Jell-O® Instant Tapioca Pudding™. This is combined with the disadvantage of the French using letters more or less randomly in ways not at all related to the sounds they make.

Bastiat was heartily anti-socialist, and was ahead of the curve, especially in France where they had a socialist revolution every year that the groundhog doesn’t see his shadow on Bastille Day. As I look to the country around us, and especially Los Angeles, I see that it’s probably time to trot out Bastiat’s old parable of the broken window, which is featured in his essay, "That Which Is Seen, and That Which Is Not Seen."

In the parable, a snotty kid accidentally breaks a window at his father’s shop. What does the father sell? He’s French, so probably cigarettes and baguettes and marionettes. Regardless, the father has to call the guy who fixes windows, who is thrilled. He gets to charge the father for fixing the window, he buys some glass, cuts it, and installs it. Since he needs more glass, he even orders some from the French Glass Factory, and they make a tiny bit of profit, too. What a great story! This is what makes the economy zoom, right? This is what Bastiat referred to as That Which Is Seen.

Well, not exactly. The window as it was sitting there was just fine. It was doing its job, letting the French people with their little, beady eyes get light so they could smoke and import foreigners. There was nothing wrong with it.

That pane of glass represented wealth, if you will. It was built in the past, sure, but it was doing its job, being a window. When the snotty little kid broke it, he destroyed wealth. Money that could have been used for his father to buy a new machine to plant cigarette seeds so he could grow packs of Marlboros™ will have to wait.

Broken windows, while putting a few francs into the pocket of the guy who fixed the window, overall made the country poorer. That wealth could have done a nearly infinite number of things rather than fix the window. Bastiat referred to that as That Which Is Not Seen.

When I look at the fire that just swept through Los Angeles, I think about Bastiat. Billions of dollars of damage has been done in Los Angeles – and that was only after hitting two or three homes.

I kid. But there are devastated areas where Governor Gavin Newsom is salivating at the thought of the economic activity associated with rebuilding. He promised to remove “red tape” so that rebuilding could be less costly – which means that he knew all along that the “red tape” was nothing more than a means to destroy wealth by creating a vast sea of pockets that had to be filled with money before the building could start.

The impact of the fires is due to mismanagement and neglect of the important systems that society actually needs to prevent tragedy at scale. There is a case for the protection to society brought by fire departments – even Bastiat would agree to that. But we need competent people to run them, unless, of course, the goal is to have broken windows so that Gavin’s friends can buy up California land at the greatest discount of the past fifty years.

If it so obvious when there’s a fire, why isn’t it obvious when, during the Great Depression, the USDA drove herds of cattle off of cliffs to kill them to bring prices up, all while families were starving? Did that create wealth? Why wasn’t it obvious when Obama tried to kickstart the economy by buying up perfectly usable cars in his Cash for Clunkers scheme just to explicitly destroy wealth so that more people would be forced to go out and buy cars? Yup, breaking more windows to give jobs to the guys who replace windows.

Beware of those that would break windows to create prosperity. War, of course, is the ultimate window breaking machine, I mean, outside of the GloboLeftElite that run places like Detroit and LA and San Francisco and Baltimore and...well, I guess war is the second biggest window breaking machine outside of GloboLeftElite leadership. Except the GloboLeftElite doesn’t give us cool things like jet engines and large airplanes and microwaves and the AR platform to compensate for the rubble and poverty. The GloboLeftElite just gives us the poverty via broken windows, and calls it progress. The real bright side? At least the GloboLeftElite doesn’t speak French."
o
Freely download
"That Which Is Seen, and That Which Is Not Seen", by Frédéric Bastiat, here:

"How It Really Is"

 

"Trump Turns On Netanyahu! Forces Israel To End The War And Stop The Bloodshed"

Full screen recommended.
Kim Iversen, 1/15/24
"Trump Turns On Netanyahu! Forces Israel
 To End The War And Stop The Bloodshed"
Comments here:
o
Owen Jones, 1/15/25
"The US Admits Israel Has Lost In Gaza"
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o
Full screen recommended.
Hindustan Times, 1/15/25
"Hamas-Israel Ceasefire Deal Sealed, 
But A Darker Houthi Game Begins"
"Palestinian Militant group Hamas and Israeli government have agreed to a ceasefire deal on January 15. The sealed ceasefire deal between marks a hopeful pause in hostilities after a war which lasted for over 14 months. The agreement includes provisions for the release of hostages and military withdrawals, offering a glimmer of hope for peace amid ongoing conflict. However, concerns are growing regarding the potential impact of the Houthi movement, which remains a significant threat to Israeli security. Watch the video for more details."
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Dan, I Allegedly, "It’s All Fake Out There"

Full screen recommended.
Dan, I Allegedly, AM 1/15/25
"It’s All Fake Out There"
"AllState's shocking privacy violation scandal - they've been secretly tracking drivers and selling their personal data to third parties like Gas Buddy without consent. Texas Attorney General Ken Paxton is taking action with a major lawsuit against the insurance giant. Uncovering more shocking revelations in today's video:

• Why 20% of current job listings are completely fake.
• The real story behind AllState's invasive tracking app.
• How insurance companies are monitoring your every move.
• New lawsuit exposes massive data privacy breach.
• What this means for your insurance rates and personal information.

Get the full story on how AllState has been profiting from selling your private driving data and what you can do to protect yourself. Plus, breaking coverage of other major stories including the fake job listing crisis, changes at Starbucks, and the latest real estate market developments."
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Bill Bonner, "Debbie Does D.C."

Debbie Wasserman Schulltz (D-FL)
"Debbie Does D.C."
The prevailing Primary Political Trend is down - towards more debt, 
inflation, and corruption. It is the product of the two 
leading political parties, both of them sharing the same drive for more.
by Bill Bonner

Baltimore, Maryland - "Mr. Trump, with all his ‘yes men,’ geniuses and jackasses, won’t change course. Look for more war, debt, and corruption. MSN: "Dozens of Congress members outperformed the stock market in 2024. The stock market had a record-breaking run last year, but members of Congress still managed to outperform it with their portfolios making staggering gains in industries where they wield legislative power and influence, such as tech and energy.

More than 20 members made almost double the S&P 500 average gain of 24.9 percent last year. The top five performers - Rep. David Rouzer (R-NC), Rep. Debbie Wasserman Schultz (D-FL), Ron Wyden (D-OR), Roger Williams (R-TX), Morgan McGarvey (D-KY) - increased the value of their portfolio value by more than 100 percent, according to a new report."

Arriving at Dulles airport on Saturday, we drove up towards the beltway. If you want to understand what has happened to the nation just look out the window. Companies put their corporate headquarters close to Washington…because, that’s where the money is. You’ll be impressed and appalled by the development all along the ‘access corridor’ that leads to the capitol city. Big. new office buildings... huge parking lots... housing developments stretching out onto the horizon... all the way to the Blue Ridge mountains.

When we were growing up, a few people we knew made the long drive in the capitol to work for the Feds. The pay wasn’t very good, they reported, but the work was secure. People gladly traded income for job security. But as time went by, Washington gained money and power. Federal workers don’t worry about getting fired…and earn the highest wages in the nation. Today, the average hourly wage in the capitol is 35% more than the rest of the nation... with an average income per family over $100,000.

Many of those families live out in the Maryland or Virginia suburbs. In Virginia, they have substantially shifted the cultural and political gravity of the state from rural south... to urban north with Dixiecrat voters evolving into modern Republicans or Democrats. In Maryland, neighboring counties also became reliably pro-government. And even to the shores of the Chesapeake, many families owe their daily bread to the Pentagon or the FDA, not from producing goods or services for their neighbors.

As we laid out yesterday, the prevailing Primary Political Trend is down - towards more debt, inflation, and corruption. It is the product of the two leading political parties, both of them sharing the same drive for a bigger, more powerful central government. Washington, DC is, in rough measure, a way to understand it. As the reach of the government expands, the city does too. And the real economy - relatively - contracts. A society only produces so much surplus. If it is well invested - in new businesses and new capacity - wealth grows. If it sinks into a federal swamp, on the other hand, the nation is poorer.

But even if the average citizen loses ground, the ‘casta politica’ as Argentine president Javier Milei calls it, does well. Take Debbie Wasserman Schultz. As the crumbs drop off of the gluttons’ table in Washington, the Florida Democrat has shown a remarkable ability to catch them.

In 2022, for example, Ms. Schultz was on the House Natural Resources Committee and focused her trading on energy stocks. Her portfolio went up 50% that year... while the S&P lost 19%. Another big win came this past year. The S&P was hard to beat, with a 25% gain. But Ms. Schultz pulled off the kind of performance that defies the odds... and probably the law. Her portfolio gained an incredible 142% - nearly six times the S&P.

How did she do it? The Hill reports: Rep. Debbie Wasserman Schultz (D-Fla.), whose portfolio posted the second-biggest gain after Rouzer, purchased shares of the satellite operator Viasat in October while ranking member of the House Appropriations subcommittee on military construction. Viasat has received more than $2.7 billion in government contracts since fiscal 2020, primarily from the Department of Defense, according to federal contract data. Way to go, Debbie."
The best little whorehouse, well, anywhere...

"The only difference between the Republican and Democratic parties is the velocities 
with which their knees hit the floor when corporations knock on their door."
- Ralph Nader

Tuesday, January 14, 2025

Jeremiah Babe, "The Damage Is Done - California Fire Victims May Be Eligible For A Whopping $770 Federal Payment"

Jeremiah Babe, 1/14/25
"The Damage Is Done - California Fire Victims 
May Be Eligible For A Whopping $770 Federal Payment"
Comments here:

Gerald Celente, "Gold Up, Markets Up, Israel Peace Deal Fake Or Real?"

Strong language alert!
Gerald Celente, 1/14/25
"Gold Up, Markets Up,
 Israel Peace Deal Fake Or Real?"
"The Trends Journal is a weekly magazine analyzing global current events forming future trends. Our mission is to present facts and truth over fear and propaganda to help subscribers prepare for what’s next in these increasingly turbulent times."
Comments here:

"2025: The Year the Federal Debt Bubble Bursts"

"2025: The Year the Federal Debt Bubble Bursts"
by Nick Giambruno

"I expect 2025 to be a year of profound transformation, where old paradigms are rendered obsolete. While nothing is certain, I think we can count on radical changes in 2025. Navigating new paradigms in finance, geopolitics, and energy will be crucial for investors.

A primary focus in my research is to put together the pieces to reveal the true Big Picture and get positioned in unstoppable investment trends ahead of the crowd with smart speculations. I’m more interested in getting the Big Picture right than gambling on short-term trades in rigged markets. Understanding the Big Picture has always been essential. But given the scale of changes looming, I can’t think of another year in living memory where it will be more critical than in 2025.

Of particular importance is the US governments financial situation, which has been gradually deteriorating for decades. It’s not surprising that many people are complacent. They’ve long heard about the debt problem, and nothing has happened. However, I think there’s an excellent chance that 2025 could be the year we see a paradigm shift, shattering conventional mental and financial models for the federal debt.

A crucial tipping point was reached in 2024 when the interest expense on the federal debt exceeded the defense budget for the first time. It’s on track to exceed Social Security and become the BIGGEST item in the federal budget.
Historian Niall Ferguson summed it up nicely: "Any great power that spends more on debt service (interest payments on the national debt) than on defense will not stay great for very long. True of Habsburg Spain, true of ancien régime France, true of the Ottoman Empire, true of the British Empire, this law is about to be put to the test by the US beginning this very year."

The US government will soon have to choose to: Cut defense spending amid the most chaotic geopolitical period since WW2. Default on its promises regarding Social Security, Medicare, Veterans’ Benefits, and welfare generally. Though it may try, the US government cannot continue to pay for entitlements and defense even if their current levels stay flat into the future. But they won’t stay flat. Both are set to grow significantly in the years ahead.

Tens of millions of Baby Boomers - about 22% of the population - will enter retirement in the coming years. Cutting Social Security and Medicare is a sure way to lose an election.

With the most precarious geopolitical situation since World War 2, defense spending is unlikely to be cut. Instead, defense spending is all but certain to increase. Former Secretary of Defense Robert Gates recently said: "Barely staying even with inflation or worse is wholly inadequate. Significant additional resources for defense are necessary and urgent."

In short, efforts to reduce expenditures will be meaningless unless it becomes politically acceptable to make chainsaw-like cuts to entitlements, national defense, and welfare while reducing the national debt to lower the interest cost. In other words, the US would need a leader who - at a minimum - returns the federal government to a limited Constitutional Republic, closes the 128 military bases abroad, ends entitlements, kills the welfare state, and repays a large portion of the national debt. However, that’s a completely unrealistic fantasy. It would be foolish to bet on that happening. That’s why Elon Musk and DOGE are being set up for failure.

The Bottom Line: The government cannot even slow the spending growth rate, let alone cut it. Expenditures have nowhere to go but up - way up. The most likely outcome is that the US will try to have its cake and eat it too by paying for both growing defense and domestic obligations via currency debasement. That’s why I’m confident that ever-increasing currency debasement is the inevitable outcome of the US government’s debt spiral. It’s a self-perpetuating doom loop from which they cannot escape. It’s like being on a runaway train with no brakes.

I suspect 2025 will be the year this becomes evident as previous mainstream conceptions about the national debt collapse:

“We owe it to ourselves.”
“Deficits don’t matter.”
“Treasuries are risk-free return.”
“The national debt is sustainable as long as we can print money.”
“The US will never default.”

These have long been ridiculous tropes that many investors believed. 2025 could be the year the people who believe this nonsense receive a harsh reality check."

Gregory Mannarino, "Food And Energy Costs Set To Skyrocket As Dollar Dies!"

Gregory Mannarino, PM 1/14/25
"Food And Energy Costs Set To Skyrocket As Dollar Dies!"
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Musical Interlude: Ludovico Einaudi, "I Giorni"

Full screen recommended.
Ludovico Einaudi, "I Giorni"

"A Look to the Heavens"

"Do you see the bat? It haunts this cosmic close-up of the eastern Veil Nebula. The Veil Nebula itself is a large supernova remnant, the expanding debris cloud from the death explosion of a massive star. While the Veil is roughly circular in shape and covers nearly 3 degrees on the sky toward the constellation of the Swan (Cygnus), NGC 6995, known informally as the Bat Nebula, spans only 1/2 degree, about the apparent size of the Moon. That translates to 12 light-years at the Veil's estimated distance, a reassuring 1,400 light-years from planet Earth.
In the composite of image data recorded through narrow band filters, emission from hydrogen atoms in the remnant is shown in red with strong emission from oxygen atoms shown in hues of blue. Of course, in the western part of the Veil lies another seasonal apparition: the Witch's Broom Nebula."

"Words..."

"Words ought to be a little wild, for they
are the assaults of thoughts on the unthinking."
- John Maynard Keynes

"Mencken, Where Are You Now That We Need You?"

"Mencken, Where Are You Now That We Need You?"

"Henry Louis Mencken, The “Sage of Baltimore”, (September 12, 1880 – January 29, 1956) was an American journalist, essayist, satirist, cultural critic, and scholar of American English. He commented widely on the social scene, literature, music, prominent politicians, and contemporary movements. His satirical reporting on the Scopes Trial, which he dubbed the "Monkey Trial," also gained him attention."
"The men the American people admire most extravagantly are the most daring liars; the men they detest most violently are those who try to tell them the truth."

"The demagogue is one who preaches doctrines he knows to be untrue to men he knows to be idiots."

"When a candidate for public office faces the voters he does not face men of sense; he faces a mob of men whose chief distinguishing mark is the fact that they are quite incapable of weighing ideas, or even of comprehending any save the most elemental - men whose whole thinking is done in terms of emotion, and whose dominant emotion is dread of what they cannot understand. So confronted, the candidate must either bark with the pack or be lost... All the odds are on the man who is, intrinsically, the most devious and mediocre."

"When somebody says it’s not about the money, it’s about the money."

"A professional politician is a professionally dishonorable man. In order to get anywhere near high office he has to make so many compromises and submit to so many humiliations that he becomes indistinguishable from a streetwalker."

"The average man never really thinks from end to end of his life. The mental activity of such people is only a mouthing of cliches. What they mistake for thought is simply a repetition of what they have heard. My guess is that well over 80 percent of the human race goes through life without having a single original thought."

"I have little belief in human progress. The human race is incurably idiotic. It will never be happy."
- H. L. Mencken

"Very Little Competition..."

 

"The 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.