Friday, November 13, 2020

"Gridlock Is Good - Except In The Jaws Of Massive Public Debts"

"Gridlock Is Good - 
Except In The Jaws Of Massive Public Debts"
by David Stockman

"James Madison is surely smiling from his grave. Pursuant to his constitutional design, a badly divided electorate got an utterly gridlocked government - with the Supreme Court and Senate in the hands of one party and the House of Representatives and White House marginally in the hands of the other. That’s as good an RX against tyranny as it gets.

Vlad Putin is probably smiling, too. His economy is being battered by Washington’s bully-boy sanctions because he has been falsely accused of throwing the election to Trump in 2016. This time, even by the lights of the Dem and Deep State Russophobes, however, Putin appears to have been AWOL.

Yet the natural Blue Wave that was allegedly aborted in 2016 by Putin’s hackers and social media trolls didn’t happen. What we got, instead, is Sleepy Joe (apparently) stumbling into the Oval Office with few electoral college votes to spare. That is, the real people of Flyover America, not the Kremlin’s trolls, again voted for the Donald and came up but a whisker short.

Ordinarily, conservatives should be smiling most of all. Donald Trump is no friend of liberty, small government or fiscal and monetary rectitude, and he’s now (almost) gone. More broadly, large, fully mobilized governmental majorities are the handmaids of Leviathan. Always and everywhere the expansion of state power gets abused by ambitious politicians and government apparatchiks for the benefit of the few at the expense of the many. So paralyzed government is just the thing to safeguard personal liberty and private prosperity.

Nor are we talking just, or even mainly, about the threat of old-fashioned mailed fists and boot-heel tyranny where citizens are rounded up and jailed. Today’s Leviathan presents more often than not as the Nanny State, wielding a velvet glove of regulation, taxation and fiscal subvention in the name of the public welfare and protection of citizens from themselves. But the result is tyranny just the same.

The War on Drugs is a 50-year old example, while the swift, shocking and economically catastrophic imposition of economic martial law last spring to eradicate a super-flu is but the latest. Yet now this eight-month old excrescence of Nanny State oppression threatens constitutional government and capitalist prosperity like rarely before. So the fact that the Dem majority in the US House has been cut and the Senate will likely remain Republican is in many respects all to the good.

For one thing, all the hobgoblins that have terrified Mark Levin and Sean Hannity - Supreme Court packing, elimination of the Senate filibuster rule, sacking the Electoral College, making Washington DC and Puerto Rico (Dem) states, prohibition of fracking and outlawing of fossil fuels, Medicare-for-all, legalization of millions of new immigrant (Dem) voters - are now absolute dead letters.

Even better, Sleepy Joe may well abdicate to a Kamala Harris Regency, but it will be one shorn of the Progressive/Left part of the equation. That’s because on substantive legislation it will take 60 votes to break a Senate GOP filibuster, but it will be a rare day inside the beltway when 100% of the Senate Dems including Manchin (WV) and Tester (MT) and 11 Republicans are corralled in favor of the kind of Bernie/AOC stuff that got stuffed into the Dem platform.

To the contrary, we can already hear the cries of "sell-out" and "betrayal" coming from the Progressive-Left whenever Sleepy Joe or Kamala, as the case may prove to be, send their equivalent of Stevie Mnuchin, knee pads in hand, up to Capitol Hill to pleasure with compromises Senate Leader Mitch McConnell, who is now secure in another six year term and a guaranteed 60-years on the public teat.

Indeed, we suspect the Washington Republicans - as undeserving and feckless as they have been for years - may end up with the best of all worlds. That is, being handed a cornucopia of attackable red meat for the 2022 mid-terms owing to the tabling of leftist agenda measures by a Biden Administration chok-a-block with progressives and woksters, even as they would have odds-on capacity to block Senate passage or even serious consideration.

So far, but, finally, not so good. Alas, the one great flaw in James Madison’s design for a democracy hobbled with checks and balances is the case where the horse manages to get out the barn door, anyway. Then you need strong majorities on both sides of Capitol Hill aligned with White House policies in order to enact positive measures to put the horse back in its stable.

We are referring, of course, to the calamitous fiscal estate that has resulted from 40-years of deficits-don’t-matter drift and four years of the Trumpian fiscal bacchanalia. The whole thing is now one giant Doomsday Machine driven by trillions per year of automatic entitlements, a rapidly swelling retirement-based Welfare State and a deeply embedded military-industrial-surveillance complex and its counter-part domestic pork barrels.

That all was bad enough, but the Lockdown Nation economic calamity and the Coast-to-Coast soup lines that have been enacted by the bipartisan duopoly to indemnify 150 million households and millions of businesses, almost certainly guarantee that the fiscal equation will now go tilt. That is, a perpetually weak debt-entombed economy and the resulting depleted government revenues (including state and local government, which are the one thing Biden will get funded in the coming Everything Bailouts) will result in double-digit Federal deficits as far as the eye can see, as we will quantify on another occasion.

Needless to say, our newly-elected gridlocked government is not about to do anything to ameliorate this embedded fiscal calamity. You can be sure that the GOP Senate won’t enact any material Biden tax increases; and by the same token, a Biden Administration already failing to make progress on the Progressive-Left agenda won’t be embracing social security, medicare and other entitlement reforms. And, of course, the merchants of war own the Congress regardless of party, election results or actual national security needs.

But here’s the thing. Under any circumstance, these now guaranteed double-digit annual deficits (i.e. $2 trillion plus at current GDP levels) aren’t sustainable because compounding interest expense eventually sends the ship-of-state into the fiscal drink. In fact, in an economy that has been systematically and brutally stripped of private savings for decades by central bank financial repression, the only way to finance persistent double digit fiscal deficits and keep interest rates from lurching upward is via 100% monetization of new debt issues.

Undoubtedly, Wall Street’s talking heads might initially find that prospect untroubling, and perhaps even indulge in more insanity on the apparent theory that the great 2020 election uncertainty is coming to a imminent end, and that a nice, pro-stimulus 47-year Swamp Creature will be shuffling into the Oval Office.

Yes, the uncertainty about the name of the next president is ending soon, even as the Donald’s desperate effort to reverse his loss in Michigan, Wisconsin and elsewhere comes a cropper in a Supreme Court of his own making. At the same time, a far more consequential uncertainty is just beginning. No known laws of economics or experiences of history permit 100% of massive public debts to be monetized indefinitely at the central bank’s printing press.

It is only a matter of time until the Fed’s prodigious money-printing blows the nation’s egregiously inflated and speculation-ridden financial markets sky high. That’s the real end game of the gridlock that emerged from the vote on November 3. And it’s most definitely not the good kind imagined by the wise men who wrote the nation’s constitution.

No matter what happens in the corridors of Washington DC, the Fed's money printing will continue at a breathtaking speed. For savers, retirees, and anyone earning in US dollars, this massive increase in currency creation and inflation is the single biggest threat to their financial future."

"Covid-19 Update 11/13/20"


Nov. 13, 2020 8:05 AM ET: 
The coronavirus pandemic has sickened more than 52,927,600 
people, according to official counts, including 10,637,418 Americans.

      Nov. 13, 2020 8:05 AM ET: 
Coronavirus in the U.S.: Latest Map and Case Count

Thursday, November 12, 2020

Greg Hunter, "Weekly News Wrap-Up 11/13/2020"

"Weekly News Wrap-Up 11/13/2020"
By Greg Hunter’s USAWatchdog.com 

“President Trump dropped a bomb this week on election fraud. He said the election machine and software company called Dominion “Deleted 2.7 million Trump Votes nationwide. Data analysis finds 221,000 Pennsylvania votes switched from President Trump to Biden.” If this is proven, and I think it will be, this would shut down Biden and the election would be Trump’s along with the GOP.

Top Trump election attorney Lin Wood, who got millions of dollars from mainstream media outlets (MSM) such as CNN for defaming Nick Sandman, tweeted out “Soon no objective fair minded person would be able to deny massive voter fraud perpetrated in planned coordinated scheme to steal our Presidency. They have all been caught.” On the law, Wood is good, and he would not make such statements on Twitter if he did not already have a darn good provable case.

Of course, the MSM is ignoring any news of massive voter fraud, which is now in abundance. The MSM is not going to give up the con job that the “Pretender in Chief,” Joe Biden, actually won this election. Biden and his fellow Democrats got creamed, and this is with massive voter fraud that is now apparent in multiple states."

Join Greg Hunter of USAWatchdog.com as he talks 
about these stories and more in the Weekly News Wrap-Up:

“Economic Lockdown Ahead; Housing Debt Bubble A Ticking Time Bomb; 2021 Crash Unavoidable; Jobless”

Jeremiah Babe,
“Economic Lockdown Ahead; Housing Debt Bubble
 A Ticking Time Bomb; 2021 Crash Unavoidable; Jobless”

"Even Stricter Lockdowns Are Coming & They Are Going To Be Extremely Devastating For The U.S. Economy"

"Even Stricter Lockdowns Are Coming & They Are Going To 
Be Extremely Devastating For The U.S. Economy"
by Epic Economist

"Even more strict government-mandated lockdowns are coming, and the result of it will undoubtedly be catastrophic for the beaten U.S. economy. The health "advisory board" of the new administration has announced plans to shut down the entire economy for up to 6 weeks starting on January 2021. 

Right now, amid a spike in registered cases, many states are already imposing more restrictive regulations to limit the operations of local businesses and, of course, they are also witnessing a growing number of permanent closures, bankruptcies, and lay-offs.

But as of January, the situation is going to get much worse. Struggling businesses won't stand a chance and the labor market's wounds will only get more inflamed. By contrast, a recent study has graphically shown that no meaningful results have been achieved from lockdowns and leaders shouldn't be jeopardizing entire economies with the enaction of such ineffective measures. In this video, we analyze how the second round of groundless lockdowns is about to devastate what's left of our economy. 

When the health crisis burst earlier this year, a panicked response was to institute lockdowns all over the nation. The result of it was the worst economic meltdown ever experienced, one that even exceeded the damages of the 1930's Great Depression. 

Over 60 million Americans were suddenly pushed out of their jobs and filed claims for unemployment benefits. A massive wave of business bankruptcies and permanent closures decimated the once-imposing U.S. economy. And in spite of all of that, there wasn't a significant contraction in registered viral cases. 

Back then, the fearful response that led to widespread business shutdowns was understandable considering the circumstances. But as things settled a little bit more, and it became possible to see how the restrictions hurt the economy. Yet, even after seeing the devastation previously suffered, the new administration disclosed to have plans to shut everything down once again.

Perhaps, by seeing what is going on in states that are already instituting a new round of lockdowns, something could change. Although the new health advisor's recent statements have given us reason to believe this will be our inevitable fate. 

Last Wednesday, Governor Andrew Cuomo announced new restrictions for New York. In the state, the number of new cases reported daily has quadrupled over the past month. Now, all bars and restaurants are required to close doors at 10 p.m., following in the same footsteps of New Jersey's vigorous action against nightlife, which also has limited indoor gatherings to 10 people. 

New York has become the state with the tightest restrictions in response to the second wave of viral infections, and the trend has been expanding across the country. For instance, Maryland's Governor Larry Hogan and California Governor Gavin Newsom also announced plans to enact tighter restrictions in the coming weeks. In Illinois, authorities are limiting the functioning of several business sectors, while in California, half of its counties might need to tighten restrictions over the next week.

Consequently, a tsunami of job losses is ravaging the labor market. At the present day, the U.S. unemployment rate is at 26.3 percent, and more lay-offs are being announced on a daily basis. For example, Exxon has informed that they will be letting 14,000 workers go by the end of the year, Disney has communicated that they will be laying off thousands more workers.

Even financial institutions that are commonly known for managing their budgets and finding alternatives other than massively furloughing employees during hard times are now announcing plans to substantially cut their staff. A recent forecast found that the financial industry will see its headcount fall by 10% by mid-2021, especially since lockdowns enhanced the home office trend and it will become even more complicated to find a job under these circumstances.

However, a very intriguing report out of JPMorgan that analyzed lockdowns around the world found no meaningful curve development differences between countries with and without strong curve intervention. 

The results of the study made the bank conclude that lockdowns and social distancing measures aren’t actually that effective and the existing public health intervention to remain in place next year should focus on economic/public mental health over the urge to close the curve.

But knowing that the representatives that are about to take over the White House seem to have learned nothing from our previous experience, we will soon find ourselves again in the middle of a horrifying economic depression." 

Musical Interlude: 2002, “Cycle Of Time”

2002, “Cycle Of Time”
Full screen mode recommended.

"A Look to the Heavens"

"These are galaxies of the Hercules Cluster, an archipelago of island universes a mere 500 million light-years away. Also known as Abell 2151, this cluster is loaded with gas and dust rich, star-forming spiral galaxies but has relatively few elliptical galaxies, which lack gas and dust and the associated newborn stars. The colors in this remarkably deep composite image clearly show the star forming galaxies with a blue tint and galaxies with older stellar populations with a yellowish cast. 
Click image for larger size.
The sharp picture spans about 3/4 degree across the cluster center, corresponding to over 6 million light-years at the cluster's estimated distance. Diffraction spikes around brighter foreground stars in our own Milky Way galaxy are produced by the imaging telescope's mirror support vanes. In the cosmic vista many galaxies seem to be colliding or merging while others seem distorted - clear evidence that cluster galaxies commonly interact. In fact, the Hercules Cluster itself may be seen as the result of ongoing mergers of smaller galaxy clusters and is thought to be similar to young galaxy clusters in the much more distant, early Universe."

"The Heart of Humanity"

"The Heart of Humanity"
by Madisyn Taylor, The DailyOM

"Sitting with our sadness takes the courage to believe that we can bear the pain and we will come out the other side. The last thing most of us want to hear or think about when we are dealing with profound feelings of sadness is that deep learning can be found in this place. In the midst of our pain, we often feel picked on by life, or overwhelmed by the enormity of some loss, or simply too exhausted to try and examine the situation. We may feel far too disappointed and angry to look for anything resembling a bright side to our suffering. Still, somewhere in our hearts, we know that we will eventually emerge from the depths into the light of greater awareness. Remembering this truth, no matter how elusive it seems, can help.

The other thing we often would rather not hear when we are dealing with intense sadness is that the only way out of it is through it. Sitting with our sadness takes the courage to believe that we can bear the pain and the faith that we will come out the other side. With courage, we can allow ourselves to cycle through the grieving process with full inner permission to experience it. This is a powerful teaching that sadness has to offer us - the ability to surrender and the acceptance of change go hand in hand.

Another teaching of sadness is compassion for others who are in pain, because it is only in feeling our own pain that we can really understand and allow for someone else’s. Sadness is something we all go through, and we all learn from it and are deepened by its presence in our lives. While our own individual experiences of sadness carry with them unique lessons, the implications of what we learn are universal. The wisdom we gain from going through the process of feeling loss, heartbreak, or deep disappointment gives us access to the heart of humanity."

"A Buddhist Prayer of Forgiveness"

"It’s forgiveness that makes us what we are. Without forgiveness, our species would’ve annihilated itself in endless retributions. Without forgiveness, there would be no history. Without that hope, there would be no art, for every work of art is in some way an act of forgiveness. Without that dream, there would be no love, for every act of love is in some way a promise to forgive. We live on because we can love, and we love because we can forgive."
- Gregory David Roberts, "Shantaram"
"A Buddhist Prayer of Forgiveness"

"If I have harmed anyone in any way
either knowingly or unknowingly
through my own confusions
I ask their forgiveness.
If anyone has harmed me in any way
either knowingly or unknowingly
through their own confusions
I forgive them.
And if there is a situation
I am not yet ready to forgive
I forgive myself for that.
For all the ways that I harm myself,
negate, doubt, belittle myself,
judge or be unkind to myself
through my own confusions
I forgive myself."

The Poet: Mary Oliver, “October”

“October”

"There’s this shape, black as the entrance to a cave.
A longing wells up in its throat
like a blossom
as it breathes slowly.

What does the world
mean to you if you can’t trust it
to go on shining when you’re
not there? and there’s
a tree, long-fallen; once
the bees flew to it, like a procession
of messengers, and filled it
with honey.

I said to the chickadee, singing his heart out in the
green pine tree:
little dazzler
little song,
little mouthful.

The shape climbs up out of the curled grass. It
grunts into view. There is no measure
for the confidence at the bottom of its eyes-
there is no telling
the suppleness of its shoulders as it turns
and yawns.

Near the fallen tree
something- a leaf snapped loose
from the branch and fluttering down- tries to pull me
into its trap of attention.
It pulls me
into its trap of attention,
And when I turn again, the bear is gone.

Look, hasn’t my body already felt
like the body of a flower?
Look, I want to love this world
as thought it’s the last chance I’m ever going to get
to be alive
and know it.

Sometimes in late summer I won’t touch anything, not
the flowers, not the blackberries
brimming in the thickets; I won’t drink
from the pond; I won’t name the birds or the trees;
I won’t whisper my own name.

One morning
the fox came down the hill, glittering and confident,
and didn’t see me - and I thought:
so this is the world.
I’m not in it.
It is beautiful."

- Mary Oliver

"Market Fantasy Updates 11/12/20"

"Market Fantasy Updates 11/12/20"
Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!
"The more I see of the monied classes, 
the better I understand the guillotine."
- George Bernard Shaw
Gregory Mannarino, PM 11/12/20:
"BE AFRAID: The Fed. And Wall St. Mega-Bank
Goldman Sachs Are Now In Lockstep"
Updated live.
Daily Update (Nov. 12th to 13th)
Insanity... 
And now... The End Game...

The Daily "Near You?"

Bulverde, Texas, USA. Thanks for stopping by!

"There Are Simply No Answers..."

“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 Individual vs. The Illusion Of Consensus Reality”

“The Individual vs. The Illusion Of Consensus Reality”
by Jon Rappoport

“This is such a supercharged subject, I could start from a dozen places. But let’s begin here: the individual is unique, because he is he. He is unique because he has his own ideas, because he has his own desires, because he has his own power. That power belongs to no one else. In particular, it doesn’t belong to the State. The State will try, will always try to suggest that it is granting power to the individual, but this is a lie. It’s an illusion broadcast with ill-intent. While everyone else is trying to manufacture connections to the group, under the banner of a false sense of community, the individual is going in the opposite direction.

Philip K Dick: “Insanity - to have to construct a picture of one’s life, by making inquiries of others.”

Consensus reality is the reality of sacrifice. It is coagulating energy, form, content, substance that takes on amorphous shapes studded with slots into which people can fit themselves.

The independent individual thinks what he wants to think. Over time, he keeps graduating into new, more nearly unique levels of what he wants to think. He rises above the group. He rises to his own thoughts.

There is no subject and no substance which is not infiltrated by consensus reality. Wherever you look, you will encounter it. The group is the basis of consensus reality, and the group pact extends everywhere. The group fears a sector where only individual thought can tread. That would be dangerous to the illusion. “Well, we’ve got things well in hand in most places, but over there and over here we’re not in charge. A different kind of reality pervades.” No, that doesn’t work for the group. The exceptions would blow a hole in the rule.

“Stay away from the corner of Lexington Avenue and 34th Street. Something too weird is going on there. We come in and try to inject consensus on that spot and it doesn’t work. Our “sharing” energy bounces off that corner. We may have to call in the troops to surround the place and cordon it off.” Alert! Alert! Consensus reality is breaking down in Sector 328-A! Locate the problem! This is an emergency! Bring in the news team to shore up the illusion! Turn on the hypnosis machines! Group consensus is fraying and fragmenting in Area 768-B! Call the professors and pundits! Discredit the individual! Call him a monster! Do something fast!

Consensus reality is an illusion in the sense that you can see it and I can see it, but we didn’t sign up for it. That’s the catch. Take any area of life, and I mean any, and that’s the case. Wherever there is tight consensus, perception ensues. That’s the whole point. “We, the group, aren’t fooling around. When we sign a pact among ourselves, we intend everybody to see what we decide is there to see.”

So you, the individual, can opt out. That doesn’t necessarily mean the consensus disappears; you can still see it, but you see it without accepting it. You can see the oasis in the desert, which is a mirage, but because you have your own bottle of water, you don’t have to run toward the mirage and fall down on your knees and try to drink from the pool.

Philip K. Dick: “Because today we live in a society in which spurious realities are manufactured by the media, by governments, by big corporations, by religious groups, political groups… increasingly, we are bombarded with pseudo-realities manufactured by very sophisticated electronic mechanisms… And this is an astounding power: that of creating whole universes, universes of the mind. I ought to know. I do the same thing.”

The strong and free individual evolves. He doesn’t stay the same. He doesn’t know everything worth knowing today. He knows enough, but not everything. He continues to emerge with new ideas, new energy, new invention. He becomes larger. He gains more power.

When the illusion of consensus reality attains a level beyond mere slogan, it enters the realm of systems. This is its most convincing format. A system appears to be watertight. Each one of its parts has relations with the whole. This is interesting, because that mirrors what a group is. Each member is a part that connects to the whole. Consensus as a system is like a game of chess that plays the same moves over and over. Game one is the same as game two, three, four… That’s where its illusion of power comes from.

The individual, though, doesn’t proceed according to systems. He isn’t moving from one closed context to another. That’s the group. The individual may retain the same general principles over time, but what he does and thinks strikes out into new territories. Because he creates. There is no individual without creating.

Consensus is the coin of the realm. It is forced from the top, and it is signed up for at the bottom. One hand washes the other. Societies may begin through consensus, but if they have any courage, they shift focus to the job of pulling away coercive restraints on the individual. Regardless, the individual asserts his freedom. It is his to begin with, not the group’s. No one gives it to him.

American society is moving rapidly to an inverse, an upside down structure, in which freedom is looked upon as a privilege grudgingly accorded in the absence of a reason to take it away. The prevalent official attitude is: consensus must be strengthened. It must dominate the landscape.

Through vast experience, the free individual knows that consensus has no theoretical limits. Group-perceptions about the way things are can give birth to the most universally “proven objective truths.” In his explorations, the individual may even find that a demonstrated law of nature is nothing more than a consensus. And, therefore, an illusion.

The group has conception of Normal. Normal is like a message passed around, from hand to hand, and when you look at it closely, for content, it dissolves. There was really nothing there. This is similar to what happens when physicists probe further and further into matter, looking for smaller and smaller particles, and come up with an enormous amount of empty space.

The group consensus is the illusion. Finally, there is mindless hive-action covering a vacuum. This is also what occasionally happens to people who have hidebound political ideologies. The people on the Left move further and further to the Left, and the people on the Right move further and further to the Right. Finally, they are both so distant from government they meet and stare at each other in shock. At that point, they are just individuals.

From my unfinished manuscript, "The Magician Awakes": “You keep saying it doesn’t matter. Sometimes you say it out loud and sometimes it’s just a very strong thought that could cut through a melon. You repeat it over and over—”it doesn’t matter.” You’re sitting there with the most powerful thing in the universe, your imagination, and yet it doesn’t matter. New worlds are waiting for you. But you don’t pull the trigger.

“You go to meetings. What are these meetings? Who’s there? What do you talk about, the end of the world? Your problems? The conversations seem to be endless…”

“But society runs on groups! It must have groups!” And what? The individual must give in and join and belong? That’s the conclusion? I’m afraid not. Consensus reality is a cartoon that is trying to become as real as steel. What deconstructs the steel and exposes the cartoon? There is only one thing that can do that. Nothing and no one else is going to do that. The individual does it."

"Life Is Hard?"

"Life is hard? True - but let's love it anyhow,
though it breaks every bone in our bodies."
- Edward Abbey

"When I hear somebody sigh, "Life is hard," 
I am always tempted to ask, "Compared to what?"
- Sydney Harris

"The Post Covid World, The WEF’s Diabolical Project: 'Resetting the Future of Work Agenda' – After 'The Great Reset'. A Horrifying Future"

"The Post Covid World, The WEF’s Diabolical Project: “Resetting the
Future of Work Agenda” – After 'The Great Reset'. A Horrifying Future"
by Peter Koenig

The World Economic Forum (WEF) has just published (October 2020) a so-called White Paper, entitled “Resetting the Future of Work Agenda – in a Post-Covid World” (download link). This 31-page document reads like a blueprint on how to “execute” – because an execution (or implementation) would be – “Covid-19 – The Great Reset” (July 2020), by Klaus Schwab, founder and CEO (since the foundation of the WEF in 1974) and his associate Thierry Malleret.

They call “Resetting the Future” a White Paper, meaning it’s not quite a final version. It is a draft of sorts, a trial balloon, to measure people’s reactions. It reads indeed like an executioner’s tale. Many people may not read it – have no awareness of its existence. If they did, they would go up in arms and fight this latest totalitarian blueprint, offered to the world by the WEF.

It promises a horrifying future to some 80%-plus of the (surviving) population. George Orwell’s “1984” reads like a benign fantasy, as compared to what the WEF has in mind for humanity. The time frame is ten years – by 2030 – the UN agenda 2021 – 2030 should be implemented.

Please view this complete and critically important article here:

"How It Really Is"

 

Gregory Mannarino, "The US Economy Continues To FREE-FALL As Inflation Rises"

Gregory Mannarino,
"The US Economy Continues To FREE-FALL As Inflation Rises"

"Even Stricter COVID Lockdowns Are Coming, And They Are Going To Be Extremely Devastating For The U.S. Economy"

"Even Stricter COVID Lockdowns Are Coming,
 And They Are Going To Be Extremely Devastating For The U.S. Economy"
by Michael Snyder

"Are you ready for another nightmare? Earlier this year, the COVID lockdowns that were instituted all over the nation resulted in the worst economic downturn since the Great Depression of the 1930s and forced more than 60 million Americans to file claims for unemployment benefits. After seeing how well that first round of lockdowns worked, one of the “scientists” that will be telling Joe Biden what to do about this pandemic wants to do it again. Yes, you read that correctly. During an interview with Yahoo Finance, Dr. Michael Osterholm said that what we really need to do to get this pandemic under control is to lock the entire country down for four to six weeks:

"Shutting down businesses and paying people for lost wages for four to six weeks could help keep the coronavirus pandemic in check and get the economy on track until a vaccine is approved and distributed, said Dr. Michael Osterholm, a coronavirus advisor to President-elect Joe Biden." And Osterholm isn’t talking about doing “soft lockdowns” like we saw in many states earlier this year.

In an article that he co-authored in the New York Times, he argued that lockdowns need to be “as comprehensive and strict as possible”: “The problem with the March-to-May lockdown was that it was not uniformly stringent across the country. For example, Minnesota deemed 78 percent of its workers essential,” they wrote in the New York Times. “To be effective, the lockdown has to be as comprehensive and strict as possible.” Basically, Osterholm wants Australia-style lockdowns all over the United States for at least a month and probably longer.

Doesn’t that sound fun? On Election Day, the American people had a choice between a pro-lockdown presidential candidate and an anti-lockdown presidential candidate, and approximately 80 million of us voted for the pro-lockdown guy. So it looks like that is precisely what we are going to get.

During the campaign, Joe Biden pledged to “follow the science”, and Osterholm is going to be one of the “scientists” that will be on his COVID-19 advisory board: "Osterholm was appointed to Biden’s 12-member Covid “advisory board” on Monday. The panel of advisors is co-chaired by former Surgeon General Vivek Murthy, former Food and Drug Administration Commissioner David Kessler and Dr. Marcella Nunez-Smith of Yale University. Other task force members include Dr. Atul Gawande, a professor of surgery and health policy at Harvard, and Dr. Rick Bright, the vaccine expert and whistleblower who resigned his post with the Trump administration last month."

The good news is that these psychos will not be running things until early January at the earliest. The bad news is that governors around the country are already instituting a new round of lockdowns. For example, New York Governor Andrew Cuomo announced new restrictions for New York on Wednesday: "Governor Andrew Cuomo announced new lockdown and social distancing restrictions for New York on Wednesday as coronavirus numbers in the state continue to trend upward. Under the new statewide restrictions, all bars and restaurants with state liquor licenses as well as gyms must close at 10p.m., starting on Friday. Cuomo called such locations “main spreaders” of the coronavirus. Indoor gatherings at private residences across the state must also be capped at ten people."

And Ohio Governor Mike DeWine is saying that his state may soon impose new restrictions on “bars, restaurants and fitness centers”: "As coronavirus cases continue to skyrocket in Ohio, Gov. Mike DeWine threatened to order bars, restaurants and fitness centers closed in one week if newly confirmed cases continue to increase."

Of course this is just the beginning. If the number of daily cases continues to soar, we could start seeing draconian lockdowns all over America even before we get to Inauguration Day. In other words, get ready to spend a lot of time at home this holiday season, because you might not have any other choice.

To me, it is unthinkable that anyone would even want to consider locking down the country again. The first wave of lockdowns absolutely crippled our economy and caused a record-setting tsunami of job losses that we still have not recovered from. In fact, John Williams of shadowstats.com says that if honest numbers were being used the current rate of unemployment in the United States would be 26.3 percent.

Apparently that is not enough. So what are we going to shoot for this time? 30 percent? 40 percent? And what happens if we lock down the entire country for six weeks and then another massive wave of the pandemic comes along just six months later? Are we going to keep locking down the U.S. over and over again?

At this moment, our economy is on exceedingly shaky ground and more layoffs are being announced on a daily basis. For instance, Exxon has announced that they will be laying off 14,000 workers and Disney has announced that they will be laying off “thousands” more workers in addition to the huge wave of layoffs that they announced earlier this year.

Overall, more than 60 million Americans have already been forced to file for unemployment during this pandemic, and every single one of those individuals has a story to tell. One of those displaced workers is a woman named Michelle Kulaski, and prior to the pandemic she was already living paycheck to paycheck. Now that she has lost her job, she finds herself on the verge of having to “live in her car with her two cats”: "Desperate for cash, Kulaski sold much of her furniture, including the bed her children sleep in when they visit and her grandparents’ desk. In all, she made around $300. Still, Kulaski has fallen behind on her $755 rent and her landlord has moved to evict her. If she has to leave her apartment, she said she’d probably live in her car with her two cats."

Now sickos like Osterholm want to destroy even more lives, and if Joe Biden ends up in the White House they will almost certainly get their way. We are already in the midst of a horrifying economic depression, and a new wave of lockdowns would make things far worse. These are such troubled times, and many believe that the difficulties that we have experienced in 2020 are just a warm up act for what is coming in 2021."
Related: 

Highly recommended:

"Covid-19 Pandemic Updates 11/12/20"

by David Leonhardt
Nov. 12, 2020
Click image for larger size.
• The virus is spreading so widely across the U.S. that any number of states might now be considered the worst off, depending on the measurement. South Dakota, for instance, has the highest hospitalization rate, while Texas has the most cases.

• The C.D.C. now says masks protect the wearers, in addition to those around them.

• Brian Jack, the White House political director, tested positive. He is the fourth person to contract the virus after attending an indoor White House event on election night.

• The pandemic has devastated New York City’s yellow taxi industry, with revenue down 81 percent from last year. “I can’t hold on, not like this,” one veteran driver told The Times.

Nov. 12, 2020 12:04 AM ET: 
The coronavirus pandemic has sickened more than 52,146,000 
people, according to official counts, including 10,473,911 Americans.

      Nov. 12, 2020 12:04 AM ET: 
Coronavirus in the U.S.: Latest Map and Case Count
Updated 11/12/20, 4:26 AM ET
Click image for larger size.

A "Must Read":

"The Lessons Of Trump"

"The Lessons Of Trump"
by The Zman

"An old bit of wisdom is that you should never try to con a con man. This advice is not aimed at con men, of course, but at honest people. Grifters are intuitively dishonest, which means they instinctively work every angle to some advantage. Normal people are simply unable to think like this, even when they are trying to do it. Their scruples get in the way of their scheming. This is something that Trump should have had in mind when he took office four years ago. It was his first mistake.

Trump came to Washington thinking he was smarter, more clever and more resilient than the people he had mocked for so long from his couch. There’s no question that most people in politics are stupid. Without a government grift, they would end up peddling replacement windows door-to-door. But politics in a liberal democracy does not select for smart people. It selects for clever and ruthless people. Washington is the major leagues for the most clever and ruthless.

To his credit, he did outfox them from time to time, but after a while, they began to get the measure of him and figured out how to out-clever him. The FBI scandal is a great example of how they simply outmaneuvered him to delay the process. More important, they got him to drop it as a campaign item. What should have been a key part of his campaign as a populist champion went unmentioned. Time after time Trump tried to play their game and every time he came up a loser.

Similarly, Trump came to Washington under the mistaken impression that his opponents would follow the rules and abide by their own rhetoric. After all, he won the election, the people have spoken, time for the winner to enjoy the fruits of victory. That’s how it is supposed to work in a democratic society. From the very beginning he assumed these people would play fair, despite the fact he knew they spied on him in the campaign and tried hard to cheat him out of his victory.

This is a great example of the civic nationalist disease. This is a malady that is most pronounced in men of Trump’s generation. The civic nationalist loves rules and fully expects his enemies to play by those rules. In reality, the ends justifies the means mentality of the Left has poisoned the entire ruling class. These are people devoid of honor and virtue. Playing by the rules, especially their rules, is a sucker’s play, one Trump never figured out in his four years.

No matter how many times the political class kicked him in the groin, he refused to accept this reality. The strange thing is he campaigned in the most unconventional way, preferring rallies to the formula popular with the political industrial complex. He was a refreshingly unconventional politician in his campaign, but he was thoroughly conventional in his governance. In office, he played by the rules of Washington, while Washington made the rules up as they went along.

Probably his biggest mistake in office was in not seeing the FBI scandal as a purely political affair, rather than a legal one. He was conned into thinking it should be handled by the courts as a criminal matter, when he should have used it as a political hammer to bludgeon official Washington. By the election, all of the classified information should have been leaked and revealed. This would have kept Washington petrified about what he may release if they got too aggressive with him.

This would have fed into the subplot of his campaign. It was always Trump the reformer against the political class. Instead of working with Republicans like he was one of them, he should have treated them as part of the problem. Trump needed to be Harry Truman running against a corrupt establishment. He would have accomplished more and he would have provided a clear reason to support him 2020. Instead he kept trying to be accepted by people who detested him.

Stylistically, Trump the salesman was an amusing bit of comic relief in the 2016 election that probably won him the benefit of the doubt. The trouble was, he kept selling his voters after he had won. The campaign is about promises, while governance is about delivering on those promises. Trump did some good things in office, but he never spoke of them, instead preferring to keep promising to look into new things and maybe do other things. It quickly rang hollow with his voters.

The great lesson to learn from the Trump era is that winning the crowd is useless if you don’t have a plan to put it to some purpose. Trump is not an ideologue, which allows him to be pragmatic. That’s a great asset in politics, as long as you have the secret list in your head of things you want to do in office. This is what makes the Left so powerful as a social force. They never lose focus on their goal. They know why they seek power, so they adapt and keep moving forward.

Trump never seemed to know what he wanted to do in office. Like all civic nationalists, he has this vague notion in his head of what America should be, but he was never able to translate it into policy. The closest he came was the many administrative changes made to the immigration process. He never spoke of those, because like all civic nationalist, he preferred to dream of the mythological America where everyone happily abides but the rules of the republic.

There are many other things that can be put in the list of mistakes by Trump over the last four years, but the overriding theme is this. Trump never rose above the petty and practical to grasp his historical moment. Like everyone else is Washington, he had no vision of the future. As a result, he got bogged down into the swamp he promised to drain, playing petty politics, squabbling over small issues. The moment called for a man of vision, but instead got a pitchman from Queens."

Wednesday, November 11, 2020

Alert! They Give Green Light To New World Monetary Order And Global Currency Reset"

"Alert! They Give Green Light To New World 
Monetary Order And Global Currency Reset"
by Epic Economist

"The global elites are already lined up to seize the opportunity given by this critical juncture to launch The Great Global Currency Reset. While globalists attempt to defend that The New World Order will make the changes that have never been made inside the financial systems and into the social sphere, analysts have been trying to open the public's eyes by showing that dubious intentions are laying behind this proposal. 

The switch to digital currencies will give them exclusive mechanisms to monitor all users' movements, enhancing even further the control enforced upon the population. In this video, we discuss how the invasive surveillance technologies required by The Great Reset and the Fourth Industrial Revolution could lead us to a Technocracy and far away from freedom. 

Against the backdrop of a global health emergency and a collateral economic collapse, a handful of global bureaucrats based in Davos, Switzerland is asking the world to embrace their view of a technocratic future. In June, the head of the World Economic Forum (WEF), Klaus Schwab, said this was the perfect time for The Great Reset since right now there are many urgent reasons to justify reshaping all of society and the global economy. 

The ideology behind the Great Reset is the very mechanism required for setting in motion The New Global Order, and it wouldn’t be possible to introduce such a bold plan without a global crisis, whether it was manufactured or solely the byproduct of unfortunate circumstances, one that would shock society to its core.

The health crisis is the perfect loophole for the global establishment to promote its plan upon a fragile and dissatisfied population that has been severely affected by the outbreak, leaving them more "susceptible" to give away their freedoms to the idea of greater centralized power and control. In short, 

It would be configured as a modern “social contract”, designed to tie people to it through an electronic ID connected to people's bank account and health records. In their platform, there will be a score called "social credit" in which individuals will be evaluated by their overall performance and tendencies, however, experts warn that very soon this score could dictate every facet of everyone's lives.

It is nothing but a long-term plan to monitor and control the world through digital surveillance and artificial intelligence. In other words, The Great Reset and the Fourth Industrial Revolution will be the new slogans for the old “New World Order” and directly connected to the trans-humanist movement.

Technocracy is an economic system based on resource allocation using computer technology mechanisms. In that way, it enables the automation of “social engineering” and social rule, therefore out-passing the predetermined governmental structures and removing the need for democratically elected leadership.

But the image that will be sold to the public will only emphasize dystopian promises for the future, in which the "kind, engaged, selfless" leaders of this world will bring us the Green New Deal to help us get back into harmony with nature while ensuring a universal income and canceling individual debt. The WEF will arise as an unpretentious helping hand that will come in through the IMF and “rescue” countries drowning in debt by distributing facilitated financial bailouts.

However, the cost of their help can only be paid with our personal freedom and liberty. In order to launch The Great Reset, the WEF would have to increase people's trust in technology, more specifically, in “crisis-relevant tech,” which includes the development of a digital health passport and contact tracing that will perform under a new form of internet governance. 

This pass would use blockchain technology to store encrypted data from individual blood tests, allowing users to prove that they have tested negative for the current infection. This would be a next-level surveillance system tied to our bio-electronic data, something that's as sophisticated as it's scary. These new technologies will soon give some corporations and governments the ability to hack human beings.

Tyranny emerges silently. You'll only notice how far it has gone once it's too late. Don't be mistaken: the new normal is not starting now, we're still in the process of the collapse. The new normal is when the Great Reset accomplishes its goal, reassembling the entire economy, social relations, and owning our lives as a piece of property. But yet, if you're on the side of those who have chosen to see, then you still have a choice."
Related:

Musical Interlude: Neil H, “Candlelight Dreams”

Neil H, “Candlelight Dreams”

"A Look to the Heavens"

"Braided, serpentine filaments of glowing gas suggest this nebula's popular name, The Medusa Nebula. Also known as Abell 21, this Medusa is an old planetary nebula some 1,500 light-years away in the constellation Gemini. Like its mythological namesake, the nebula is associated with a dramatic transformation.
The planetary nebula phase represents a final stage in the evolution of low mass stars like the sun, as they transform themselves from red giants to hot white dwarf stars and in the process shrug off their outer layers. Ultraviolet radiation from the hot star powers the nebular glow. The Medusa's transforming star is near the center of the overall bright crescent shape. In this deep telescopic view, fainter filaments clearly extend below and to the left of the bright crescent region. The Medusa Nebula is estimated to be over 4 light-years across.”