Friday, April 2, 2021

"A Look to the Heavens"

“Point your telescope toward the high flying constellation Pegasus and you can find this expanse of Milky Way stars and distant galaxies. Centered on NGC 7814, the pretty field of view would almost be covered by a full moon. NGC 7814 is sometimes called the Little Sombrero for its resemblance to the brighter more famous M104, the Sombrero Galaxy.
Both Sombrero and Little Sombrero are spiral galaxies seen edge-on, and both have extensive central bulges cut by a thinner disk with dust lanes in silhouette. In fact, NGC 7814 is some 40 million light-years away and an estimated 60,000 light-years across. That actually makes the Little Sombrero about the same physical size as its better known namesake, appearing to be smaller and fainter only because it is farther away. A very faint dwarf galaxy, potentially a satellite of NGC 7814, is revealed in the deep exposure just below the Little Sombrero.”

"One By One..."

"The life of Man is a long march through the night, surrounded by invisible foes, tortured by weariness and pain, towards a goal that few can hope to reach, and where none may tarry long. One by one, as they march, our comrades vanish from our sight, seized by the silent orders of omnipotent Death. Very brief is the time in which we can help them, in which their happiness or misery is decided. Be it ours to shed sunshine on their path, to lighten their sorrows by the balm of sympathy, to give them the pure joy of a never-tiring affection, to strengthen failing courage, to instill faith in times of despair."
- Bertrand Russell

Paulo Coelho, "Killing Our Dreams"

"Killing Our Dreams"
by Paulo Coelho

"The first symptom of the process of our killing our dreams is the lack of time. The busiest people I have known in my life always have time enough to do everything. Those who do nothing are always tired and pay no attention to the little amount of work they are required to do. They complain constantly that the day is too short. The truth is, they are afraid to fight the Good Fight.

The second symptom of the death of our dreams lies in our certainties. Because we don’t want to see life as a grand adventure, we begin to think of ourselves as wise and fair and correct in asking so little of life. We look beyond the walls of our day-to-day existence, and we hear the sound of lances breaking, we smell the dust and the sweat, and we see the great defeats and the fire in the eyes of the warriors. But we never see the delight, the immense delight in the hearts of those who are engaged in the battle. For them, neither victory nor defeat is important; what’s important is only that they are fighting the Good Fight.

And, finally, the third symptom of the passing of our dreams is peace. Life becomes a Sunday afternoon; we ask for nothing grand, and we cease to demand anything more than we are willing to give. In that state, we think of ourselves as being mature; we put aside the fantasies of our youth, and we seek personal and professional achievement. We are surprised when people our age say that they still want this or that out of life. But really, deep in our hearts, we know that what has happened is that we have renounced the battle for our dreams – we have refused to fight the Good Fight.

When we renounce our dreams and find peace, we go through a short period of tranquility. But the dead dreams begin to rot within us and to infect our entire being. We become cruel to those around us, and then we begin to direct this cruelty against ourselves. That’s when illnesses and psychoses arise. What we sought to avoid in combat – disappointment and defeat – come upon us because of our cowardice. And one day, the dead, spoiled dreams make it difficult to breathe, and we actually seek death. It’s death that frees us from our certainties, from our work, and from that terrible peace of our Sunday afternoons."

The Daily "Near You?"

Oaxaca, Mexico. Thanks for stopping by!

"Maybe..."

“Maybe we’re not supposed to be happy. Maybe gratitude has nothing to do with joy. Maybe being grateful means recognizing what you have for what it is. Appreciating small victories. Admiring the struggle it takes to simply be a human. Maybe, we’re thankful for the familiar things we know. And maybe, we’re thankful for the things we’ll never know. At the end of the day, the fact that we have the courage to still be standing is reason enough to celebrate.”
- “Grey’s Anatomy”

The Joke’s On Us"

"The Joke’s On Us"
By Bill Bonner

YOUGHAL, IRELAND – "The BBC reports this morning that stocks are rising all over the world… Stock markets hit new records on Biden spending plan Asian markets rose on Friday following a record-breaking session on Wall Street. The S&P 500 broke the 4000-point barrier for the first time, while the Nasdaq and Dow Jones also made gains.

Investors were buoyed by President Joe Biden’s new $2.3tn (£1.7tn) infrastructure spending plan and growing optimism about the economy. Markets in Tokyo and Seoul were up more than 1%, while Shanghai was also in positive territory.

Joe Biden explained his latest plan in historical terms: "This is not a plan that tinkers around the edges. It is a once-in-a-generation investment in America, unlike anything we’ve done since we built the Interstate Highway System and the Space Race, in the 1950s and ’60s. We have to move now. I’m convinced that if we act now, in 50 years people will look back and say, “This was the moment America won the future.”

No Joke: What do you think, Dear Reader? Will spending money we don’t have on “investments” made by beltway insiders really win the future for us? Yesterday, writing our Aprils Fools’ Day Diary, we explained to our wife Elizabeth our bold, new program – supposedly proposed by Team Biden – to correct both the errors of God and those for which man must take the blame. We thought the plan was silly enough to clearly be a joke. But no. “I thought this was a real news item,” said she…

So we made it crazier and crazier to avoid a “fake news” label. Finally, we had to put on an “April Fools’” headline to be sure it was not mistaken for a real news item. Then, a dear reader wrote to say that the real joke was on those who thought it was a joke.

Loopyland: But that’s the trouble with this stage of a Katastrophenhausse. It’s hard to mock. Nothing is so crazy that it can’t be made into a government policy. And while mockery has to stick more-or-less to what is remotely plausible… real life can go far beyond. That is where we are with the latest White House initiative – way out in Loopyland… where 2 plus 2 equals 7… or 5… or whatever you want.

Adding up the numbers using the old math, what we discover about the “infrastructure” program is that it’s as phony as the “union guy” who proposed it. You may wonder why $2.3 trillion would be needed. After all, roads are supported by gasoline and road taxes… And except for the Interstate highway system, they’re a local matter.

Bridges, too, are paid for by users – either via tolls or taxes. Ports? Same story, paid for by the shippers who use them. And airports, by ticket sales. Railroads? Except for the money-losing Amtrak, they are privately owned. If they need more track or rolling stock, they can apply their profits or raise more money honestly. If a new airport is needed, it is easily funded by the people who use the airport. And if it can’t be paid for in such a reasonable and obvious way, why is it being built?

If the Port of Long Beach, for example, needs more capacity, wouldn’t it make sense to charge the ships that come into port with their containers… and the railroads and trucks that haul it away? Of course, it would. They know what is needed and how much it is worth. The feds do not.

Riot of Boondoggles: Which leaves us with the question “Why $2.3 trillion?” Asiatimes.com has the details: "Most of the $2.3 trillion will buy votes rather than infrastructure, including $400 billion for “elder and disability care,” $213 billion for “green and affordable homes,” $174 billion for electric vehicles, $137 billion for “school and childcare infrastructure,” $100 billion for “job training” and so forth. It’s a smorgasbord for Democratic Party urban constituencies that leaves $180 billion for “R&D in tech of the future” and $300 billion in manufacturing subsidies as an afterthought."

Well, that’s the joke. And it’s on you. There is very little real infrastructure spending going on. It’s just a riot of boondoggles and payoffs… a confederation of dunce-like scams…

The additional spending is supposed to stimulate the economy. But that is a scam, too. It will be paid for, says the president, with a hike in corporate taxes. If that were so, it would be merely taking money from people who earned it… and who at least might invest it fruitfully… and giving it to politicians and lobbyists to blow on their pet projects and cronies.

What kind of return do you get on these government “investments?” This from Dan Ferris at The Stansberry Digest: "…in a recent interview with financial TV outlet Real Vision, Hoisington’s Lacy Hunt pointed out that, early in his career – back in the 1960s and 1970s – $1 of government spending might have generated as much as $4 or $5 of GDP within a few years. But today, according to Hunt, that multiplier is negative... It’s about -0.2, resulting in -$1.20 roughly three years after $1 of new fiscal spending." In other words, at this point in the cycle, the more the feds “invest,” the poorer we get.

New Phase of Capitalism: But Biden says we have to “step up”… or the Chinese are going to “eat our lunch.” We need to “invest” money, he says, so we don’t get left behind. He likens this program to the New Deal or the Great Society. 

A better comparison is with Amtrak. That was a bold infrastructure initiative, too. With an initial “investment” of just $40 million in 1970, Amtrak was supposed to promptly begin paying its own way. Politicians claimed the public-private structure marked a magnificent new phase of capitalism. They said Americans would soon be flying down the tracks – like Europeans – from city center to city center, with none of the traffic congestion or pollution then plaguing U.S. metropolises. And they expected the new system to be profitable… and to expand its services from sea to shining sea.

Taken for a Ride: And what happened? Joe Biden must have watched carefully from his house, located only a few minutes from the Wilmington, Delaware, Amtrak station. Did Amtrak “win the future”? Nope. The project worked just like all government boondoggles, transferring money from the many taxpayers to the few “union guys” working the rail lines, along with the suppliers, subsidized riders, and others who directly benefited. Most people never set foot on an Amtrak train. But they got taken for a ride, nevertheless. Half a century later, they are still covering Amtrak’s losses. Compared to reality, mockery is limp and wan."

"Rand Paul 'Pages' Fauci With CDC Confirmation That Vaccinated And Recovered Cannot Pass On COVID"

"Rand Paul 'Pages' Fauci With CDC Confirmation
That Vaccinated And Recovered Cannot Pass On COVID"
by Steve Watson

"Senator Rand Paul shared video Wednesday of CDC Director Rochelle Walensky announcing that new data suggests vaccinated and recovered people do not carry Covid-19. Paul directed his comments at White House chief medical advisor Anthony Fauci, writing “Paging Dr Fauci: please end the mask theater now that cdc admits evidence that the vaccinated do not carry the virus.”

CDC Director Dr. Rochelle Walensky: “Our data from the CDC today suggest that vaccinated people do not carry the virus.”
In a further post, Paul also shared a study examining T-cell responses in people who have recovered from Covid-19. “T-cell immunity after natural infection shown to include variants,” Paul, who is also a physician, noted.

He again addressed Fauci, asking “Do we still need to wear multiple masks after we’ve recovered or been vaccinated?” Dr. Fauci, great news! T-cell immunity after natural infection shown to include variants. Do we still need to wear multiple masks after we’ve recovered or been vaccinated?

The Senator clashed with Fauci a fortnight ago, telling him “You’ve been vaccinated and you parade around in two masks for show. You can’t get it again.”
“There’s virtually zero percent chance you’re going to get it and you’re telling people that have had the vaccine who have immunity - you’re defying everything we know about immunity by telling people to wear masks who have been vaccinated,” Paul charged during the hearing.

Fauci has repeatedly flip flopped on the efficacy of masks, and has admitted that there is little science behind lockdown restrictions. In March 2020 Dr. Fauci said, "There's no reason to be walking around with a mask. When you're in the middle of an outbreak wearing a mask might make people feel a little bit better, and it might even block a droplet, but it's not providing the perfect protection people think that it is."
Nevertheless, Fauci still will not drop the mask charade, even suggesting that the world needs to carry on wearing them into 2022, and that children should be wearing them in order to play together, until they are all vaccinated from the age of 6 months old."
Related:

Greg Hunter, "Weekly News Wrap-Up 4/2/21"

"Weekly News Wrap-Up 4/2/21"
By Greg Hunter’s USAWatchdog.com

"Close to 100 million people reportedly have fallen for the CV-19 vaccination scam based on fear, lies and lies of omission. Nobody wants to inform the public the so-called “vaccines” are totally experimental, and the doctors have no idea what the side effects will be. They also do not want to tell the public of non-vaccine remedies such as the miracle drug Ivermectin and its profound effect on stopping CV-19 if taken long before you need to go to the hospital. Yet, the extreme push to “vaccinate” the masses continues, even though it’s reported 100 people got infected with CV-19 after being fully “vaccinated” in Washington State alone. There are many more that got CV-19 after being fully “vaccinated” all across the country.

The former Chief Science Officer and a VP at Pfizer is saying “it’s entirely possible vaccine campaigns will be used for massive-scale depopulation.” Dr. Mike Yeadon says CV-19 “did not have to become a public health crisis” because we could have used things such as “hydroxychloroquine (HCQ) and Ivermectin.” Yeadon also calls the push for worldwide vaccination of CV-19 “global crimes against humanity.”

Is the U.S. dollar going to remain the global reserve currency? Many central banks are worried about the massive money printing and the massive budget deficits in the United States. VP Biden wants to sign even more multi-trillion dollar spending bills in the coming months. Meanwhile, the dollars used in global trade have now sunk to 59%. It was 66% just 7 years ago. If the dollar is dumped, will inflation soar? You bet."

Join Greg Hunter on Rumble as he talks about these 
stories and more in the Weekly News Wrap-Up for 4/2/2021.

Thursday, April 1, 2021

"How It Really Is"

 

"The System Is Going Down- Get Out; Coming Foreclosure Crisis; Hyperinflation; Payoff Debt"

Jeremiah Babe,
"The System Is Going Down- Get Out; Coming Foreclosure Crisis;
Hyperinflation; Payoff Debt"

"Panic Buying Sweep Across US As Catastrophic Shortages Are Collapsing Supply Chains"

Full screen recommended.
"Panic Buying Sweep Across US As Catastrophic 
Shortages Are Collapsing Supply Chains"
by Epic Economist

"A new wave of widespread shortages is ravaging the United States due to a catastrophic global supply chain breakdown, which has disrupted the manufacture and transportation of several products and threatens to send prices to unprecedented highs. Chip shortages are halting the production of phones, home appliances, video games, and even forcing entire auto plants to shut down, leading to billions in losses for numerous companies. Moreover, a shortage of building materials is not only crippling the construction of new homes but also adding thousands of dollars to the cost of new housing units. And even though the Suez Canal has finally been cleared, the recent blockage triggered shortages of a wide range of essentials, and those are likely to persist for months.

From oil to natural gas, coffee to canned goods, shelf-stable food to frozen vegetables and other staples; aluminum, furniture, and even toilet paper - there's a dramatic lack of supply, but consumers are still frantically seeking such items. For that reason, experts are worried that soon we might witness another panic-buying frenzy, as Americans run to the stores to stock up on goods they saw being wiped out from grocery shelves during previous rounds of supply shocks, while stores remain woefully unprepared to deal with the growing demand. And that's what we're going to investigate in this video.

A global shortage of semiconductors is provoking a lag in the production of TVs, mobile phones, game consoles, and even cars. Consumers are facing sharp price rises and shortages of multiple electronics, and industry specialists are warning that the enormous surge in demand is making this situation reach a crisis point. More alarmingly, the auto industry, which is still struggling to bounce back from last year's government-mandated shutdowns, is now being forced to cut production and some automakers are closing entire plants due to the shortage of chips. The biggest problem is that such chips are used to control everything from powertrains to digital safety systems. Modern cars typically use 100 or more microprocessors, which makes the industry particularly vulnerable to supply disruptions.

Furthermore, if you were planning to build or repair a house, you probably won't find the materials you need in the stores, especially lumber, considering that many producing plants and manufacturers aren’t up to full capacity, and a lot of material isn’t making to store supplies anymore. Lumber shortages have driven prices up by 70% and added roughly 25,000 dollars to the cost of a new housing unit. Additionally, flat steel form ties, a small piece of metal that ties together aluminum panels that make the walls, allowing builders to pour concrete in between, is experiencing a drastic decline in supply due to a number of determinants. Such supplies could drop to zero over the next few weeks.

On top of that, shortages of cabinets, appliances and vinyl to extrude windows are also being registered as copper prices skyrocketed 80% this year. The blockage of the Suez Canal will also add to the list of problems builders have been experiencing in 2021. Although the immense cargo ship has finally been refloated, the disruptions caused are forecasted to exacerbate months-long problems in the global supply chain, also triggering shortages of products such as toilet paper, coffee, and furniture all over the country.

American consumers should brace for radical price increases in the pumps, as the accident caused shipments of oil and natural gas from the Mideast to Europe to spark higher prices of nudge crude and gasoline. By the way, do you remember how last year's panic-buying frenzy caused a disastrous shortage of toilet paper, cleaning products, food staples, and a wide range of essentials? Well, prepare yourself, because another wave of shortages is coming up, and it might get incredibly hard to find toilet paper again.

Experts are worried that all of the mentioned international shipping issues could bring a return of hoarding, especially amongst items that have already been scarce throughout the past year. Shortages of shelf-stable items, such as canned foods, dried pasta, beans, as well as food staples, such as eggs, bread and milk, and a variety of frozen vegetables are very likely to occur again this year, since manufacturers are still trying to catch up from the massive and unexpected demand in 2020 and stores' stockpiles have been running dangerously low.

When we think things can't get more chaotic, all odds conspire to an even greater chaos. So get ready for another catastrophic wave of shortages and don't forget to turn on the notification bell to stay current to the next developments of this calamitous crisis, here, on Epic Economist."

Musical Interlude: The Eagles, "The Last Resort"

Full screen recommended.
The Eagles, "The Last Resort"

"A Look to the Heavens"

"Colorful NGC 1579 resembles the better known Trifid Nebula, but lies much farther north in planet Earth's sky, in the heroic constellation Perseus. About 2,100 light-years away and 3 light-years across, NGC 1579 is, like the Trifid, a study in contrasting blue and red colors, with dark dust lanes prominent in the nebula's central regions.


In both, dust reflects starlight to produce beautiful blue reflection nebulae. But unlike the Trifid, in NGC 1579 the reddish glow is not emission from clouds of glowing hydrogen gas excited by ultraviolet light from a nearby hot star. Instead, the dust in NGC 1579 drastically diminishes, reddens, and scatters the light from an embedded, extremely young, massive star, itself a strong emitter of the characteristic red hydrogen alpha light."

"Remember..."

“Remember, we all stumble, every one of us.
That’s why it’s a comfort to go hand in hand.”
- Emily Kimbrough

Gregory Mannarino, "U.S. To Give The IMF $650 BILLION. Stocks Hit New Record High, Crude Surges"

"Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!
Your guide:
Gregory Mannarino,
"U.S. To Give The IMF $650 BILLION. 
Stocks Hit New Record High, Crude Surges"

Gerald Celente, "S&P Hits New High; Crash Coming"

Gerald Celente,
"S&P Hits New High; Crash Coming"
"The Trends Journal is a weekly magazine analyzing global current events forming future trends. Our mission is to present Facts and Truth over hype and propaganda to help subscribers prepare for What’s Next in the increasingly turbulent times ahead."

"The Great Economic Equalizer"

"The Great Economic Equalizer"
by Nomi Prins

"In an interview with CNBC in February 2021, after being confirmed as the first female Treasury secretary, Janet Yellen stressed the crucial need for both a Covid-19 stimulus relief bill and a sustainable infrastructure bill. When commenting on the Biden administration’s “Build Back Better” agenda, she underscored the “long-term structural problems in the U.S. economy that have resulted in inequality [and] slow productivity growth.” She also highlighted how a major new focus on clean-energy investments could make the economy more competitive globally.

When it comes to infrastructure and sustainable development efforts, the U.S. is being left in the dust by its primary economic rivals. Following his first phone call with Chinese President Xi Jinping, President Biden noted to a group of senators on the Environment and Public Works Committee that “if we don’t get moving, they are going to eat our lunch.” He went on to say, “They’re investing billions of dollars dealing with a whole range of issues that relate to transportation, the environment, and a whole range of other things. We just have to step up.”

China Races Ahead: While this country, deep in partisan gridlock, stalls on infrastructure measures of any sort, its global competitors are proceeding full speed ahead. Having helped to jumpstart its economy with projects like high-speed railways and massive new bridges, China is now accelerating its efforts to further develop its technological infrastructure.

As Bloomberg reported, the Chinese are focused on supporting the build-up of “everything from wireless networks to artificial intelligence. In the master plan backed by President Jinping himself, China will invest an estimated $1.4 trillion over six years” in such projects. And it’s not just China leaving the U.S. behind. Major trading partners like Australia, India, and Japan are projected to significantly out-invest the United States.

The World Economic Forum’s 2019 Global Competitiveness Report typically lists the U.S. as 13th among the world’s nations for its infrastructure quality. (It had been ranked 5th in 2002). In 2020, that organization ranked the U.S. 32nd out of 115 countries on its Energy Transition Index. Despite the multiple stimulus packages that Congress has passed in the Covid-19 era, no funding - not a cent - has been designated for capital-building projects. In contrast, China, Japan, and the European Union have all crafted stimulus programs in which infrastructure spending was a core component.

A Water Main Breaks Every Two Minutes: Here’s a simple reality: a strong American economy is dependent on infrastructure. That means more than just a “big umbrella” effort focused on transportation and electricity. Yes, airports, railroads, electrical grids, and roadways are all-important economic drivers, but in this twenty-first-century world, high-capacity communications systems are also essential to economic prosperity, as are distribution channels of various sorts.

At the moment, there’s a water main break every two minutes in the U.S. Nearly six billion gallons of treated water are lost daily thanks to such breaks. Situations like the one in Flint, Michigan, in which economic pressure and bankruptcy eventually led a city to expose thousands of its children to poisonous drinking water, will become increasingly unavoidable in a country with an ever-deteriorating infrastructure.

The great economic equalizer is this: the more efficient our infrastructure systems become, the less they cost, and the more they can be readily used by those across the income spectrum. What American history has shown since the time of Abraham Lincoln is that in periods of economic turmoil, major infrastructure building or rebuilding will not only pay for itself but also support the economy for generations to come.

The Greening of the Economy? Moving forward, it’s already clear that clean and sustainable energy will be crucial to achieving a more equal, economically prosperous, and environmentally friendly future. Building a renewables-based economy and creating jobs to go with it would be much more than a niche set of activities in the usual infrastructure spectrum ... It would be the future.

High-paying jobs within the sustainable energy sector are already booming. The Bureau of Labor Statistics reported that "green" work would be among the occupations projected to have the fastest employment growth from 2016 to 2026. Wall Street and big tech companies are also paying attention. Amazon, Google, and Facebook have become the world’s biggest corporate purchasers of clean energy and are now planning for some of the world’s most transformational environmental targets. That means smaller companies will also be able to enter that workspace as innovation and infrastructure drive economic incentives.

The Next Generation: It may be ambitious to assume that we’ve moved on from the Groundhog Day vortex of “infrastructure week," but the critical demand for a new Infrastructure Age confronts us now. From Main Street to Wall Street, the need and the growing market for a sustainable, efficient, and clean future couldn’t be more real. An abundance of avenues to finance such a future are available, and it makes logical business sense to pursue them.

It’s obvious enough what should be done. The only question, given American politics in 2021, is: Can it be done? Joe Biden has said that infrastructure investments "are among the highest value investments we can make." He added, "I'm convinced that if we act now, in 50 years people will look back and say: This was the moment that America won the future."

The economy of tomorrow will be built upon the infrastructure measures of today. You can’t see the value of stocks from space, nor can you see the physical value of what you’ve left to the next generation from stat sheets. But from the International Space Station, you can see the Hoover Dam and the Golden Gate Bridge. What will future generations see that we’ve left behind? If the answer is nothing, that will be a tragedy of our age."

"Knowing..."

“Knowing can be a curse on a person’s life. I’d traded in a pack of lies for a pack of truth, and I didn’t know which one was heavier. Which one took the most strength to carry around? It was a ridiculous question, though, because once you know the truth, you can’t ever go back and pick up your suitcase of lies. Heavier or not, the truth is yours now.”
- Sue Monk Kidd

"If Only God Had Thought of It"

"If Only God Had Thought of It"
By Bill Bonner

YOUGHAL, IRELAND – "In an unexpected bombshell this morning, the Biden Administration unveiled its most ambitious initiative to date… perhaps the boldest political move since Caligula made his horse, Incitatus, a senator. It announced that it was going to tackle the “inequality” issue once and for all.

“This country has lived with injustice and unfairness long enough,” said White House spokesperson Ina Propriot. The talking person then proceeded to list all the crimes allegedly committed by white males, dead and alive. From slaughtering buffalo, to Hiroshima, to rap music, she went from one to another, scarcely pausing to draw breath. (This issue is particularly interesting to your editor. He has a mixed-race family, including grandchildren with Asian, Native American, African, Norwegian, and Irish DNA. He wants to treat them all fairly. But what’s “fair,” when some have “white privilege” and others don’t? Today, he looks to the White House for guidance.)

Ms. Propriot finally finished listing the charges. Then, the Biden mouthpiece offered reporters a glimpse of the new initiative, which is supposed to be an omnibus program designed to “paliate, mitigate, and remediate the many ills and injustices caused by the patriarchy.”

Better Deal: The gist of the Biden team’s argument is that the deck is stacked in favor of white males. It says it is going to reshuffle the deck and deal out the cards more “equitably.” But it also acknowledged that there were some jokers amongst the cards. Reporters at the news conference were shocked at what the administration proposes to do about them, which we’ll get to in a moment.

“The program… which we’re calling a Joint Offensive to Kreate Equality… will have two parts,” Ms. Propriot exampled. “First, let’s be clear about this. We’re not going to piece-meal it. We’re not going to dance around it or promise things we can’t deliver. We already have buy-in from the Democrats in Congress. We suspect Republicans will come on board, too, as soon as they realize how popular this will be with the voters. This is a real game-changer. It’s a magnificent program to improve life in America, once and for all.

We’re going to pivot from our other responsibilities – such as saving the planet and hunting down white supremacists – in order to fix 400 years of egregious mistreatment of America’s minorities at the hands of its white majority. And if not us, who? If not now, when? No, it’s way past time to act. And so, President Biden has asked that this program take priority over rescuing the economy. It is for this that he wishes to be judged by history.”

First Step: As far as we know, no president anywhere has ever so explicitly staked his legacy on a single proposal. Nor have we ever seen such a sweeping move to remake all aspects of a society. So, let’s look at what’s in the proposed legislation.

“The first step will be an enhanced national census,” Ms. Propriot, formerly a white Marine lieutenant, now identifying as a Black woman (she, her, they). “Asking a few key questions will reveal the level of suffering by each American:

1. Was the responder or anyone in their (in deference to the new grammar) family ever enslaved? If so, when?

2. Does the responder identify as a member of a minority group? (This will include people who identify as female.)

3. Is the responder disadvantaged by reason of health, height, weight, mental capacity, ugliness, temperament, depression, birth order, birth date, family composition, relationships within the family, mediocre local schools or other community services, abuse at school or in the home, income, food, sleep or sex deprivation, or other cause? If so, what?

Asking these few simple questions will give us a “Pain Score” for each person. This will be driven by an artificial intelligence (AI) algorithm, hosted on the blockchain, and calculated using non-eurocentric arithmetic.That is, the final numbers will be determined by some dude holding his pants up with one hand while doing the math in his head.”

(Footnote: A small internet company, started a month ago by Holly-Ina Propriot, is said to have a prototype of the necessary software. The company was bought by a SPAC for $1 billion just two weeks ago. Its shares shot up 14,000% in the last five weeks as news of the new initiative leaked out.)

More Equal Society: “When that is established, each person will get a monthly check from the federal government, designed to offset, compensate, and rehabilitate the person. In brief, the more harm the person has suffered, the more compensation the person will receive. This will lead to a society in which everyone is as equal as we can possibly make them. God would have done this, if He’d thought of it,” she added.

Self-Funding: In response to questioning, Ms. Propriot admitted that there was no way to ever completely make up for abuse suffered due to hair loss or color blindness. But compensation payments are the only practical and ethical response.

On further questioning, it was revealed that the program will be “revenue neutral.” Those with low Pain Scores will be forced to pay higher taxes to support the program. “We will not touch any of the governments’ many useful programs and projects – neither the Green New Deal… nor the Infrastructure Program – nor any of the other boon… I mean stimulus… measures now in place. This program will be entirely self-funding.”

Elegant Solution: By this point in the press conference, reporters had their eyes wide open and their tongues were hanging out of their mouths. They had never seen such an audacious program (and these were hardened veterans of the Trump years; they thought they’d heard everything). Some sat in silent astonishment. Others sobbed quietly. One young woman murmured, “Finally… Finally…,” before leaving the press room.

Never before has a government attempted to correct such fundamental problems. It will attack both the injustices of man – slavery, poor schools, and parental abuse – as well as the bad cards dealt by nature – including height, ugliness, or birth order – with a single, elegant solution. And one that requires no additional funding from taxpayers!

Equally Disadvantaged: After a long pause, while reporters recovered their composure, one dared to challenge Ms. Propriot. “You say it requires no taxpayer funding. But aren’t all the funds, in fact, coming from the taxpayers themselves?” Thereupon, two Secret Service agents appeared from the back of the room and escorted them from the room. “They will be put on a list of white supremacists,” the White House spokesperson explained.

Undeterred, a Fox Newshound asked an even more impertinent question: “Isn’t this essentially a transfer program… with money transferred from the white citizens who earned it to persons of color, women, and minorities who didn’t?” Prepared for the question, the White House spokesperson replied calmly: “No. This is a program to correct inequality, not to shift it around. Now, there are a few sources of inequality for which money is probably not the best solution. Black and Hispanic kids go to school, for example, and are told that they are not speaking English correctly. This gives the white kids a big advantage from day one. “We’re going to fix this. From now on, the official language of the U.S. will be Swedish. That way, all children will start out equally disadvantaged.

Two-Phase Approach: “Another big inequality that we’ve observed is that those identifying as women live, on average, five years longer than men. Men are much more likely to die from COVID-19, for example. But even that doesn’t explain the disparity. This inequality must be corrected. But this is a case in which financial compensation doesn’t seem appropriate. After all, how much is a year of life worth?

Our legislation will deal with this problem in two phases. First, all men will be required to identify as women… dressing in women’s clothes and taking hormone treatments to increase their breast size. If that doesn’t solve the problem, we will move to Phase II. Women whose husbands die first will be required to throw themselves onto his funeral pyre. While this resembles the ancient Hindu practice of sati, we do not consider it cultural appropriation, because the woman will have the choice of being strangled by her children, if she prefers.”

April Fools: It was at this point, while practically all the reporters in the room had lost consciousness, that the two Secret Service agents appeared again, one on each side of Ms. Propriot. Taking her by the elbows, they appeared to lift her… and carry her out of the room."

The Daily "Near You?"

Chiba, Japan. Thanks for stopping by!

“There is No Safety You Dumb Bit*h” -The Hound

“There is No Safety You Dumb Bit*h” -The Hound
By Joe Jarvis

"Take heed of The Hound’s warning, and let it free you. There is no guarantee of a job or safety net, there is no absolute security from evil doers, and there is only so much you can do to prevent accidents and illness. The silver lining is that recognizing this is the best way to cushion yourself from the vulnerabilities of an unpredictable world.

Brienne of Tarth, in "Game of Thrones", nobly intends to uphold an oath she swore to Lady Stark to keep her children safe. But she is also a bit naive about the nature of the world in which she lives. Brienne thinks she can bring Arya to a safe place, wherever that is. But as The Hound so eloquently reminds her: “There is no safety you dumb bit*h. And if you don’t know that by now, you’re the wrong one to watch over her.”

If Brienne thinks she can ever let her guard down, or relax, she will never be safe. There is no destination at which point she and Arya will be ultimately secure. It just does not exist. And Sandor Clegane - The Hound - is right; if Brienne of Tarth cannot understand this basic fact about the world, she is the wrong person to be watching over Arya.

The Hound’s negative view on the danger in the world actually leaves him less vulnerable. He never expects to be safe, and is therefore safer because he is alert to danger.

As rough as the Hound is, Arya was in fact safe the entire time she was with him. This was no guarantee, it’s just how it happened, mostly due to the fact that The Hound knows is being constantly vigilant against danger. And although Brienne’s goal is to make Arya even safer, she instead severely wounds the person protecting Arya. Brienne incorrectly judges The Hound to be a danger to Arya, and then fails to secure Arya, leaving her more defenseless than she had been previously.

Brienne’s actions actually prove The Hound’s point. Brienne’s belief that she could bring Arya to safety created a dangerous situation that could have been avoided if she only realized that safety is a constant effort, and not a destination.

But Should We Really Apply a Lesson From a Fake Story in a Mythical Setting? In the modern world we are much safer than humans were in the middle ages. And in the real world there are certain things we don’t have to worry about, like white-walkers and dragons. But unfortunately we do still have to contend with the likes of Cersi and the Lannisters, the Ramsy Boltons, and the treacherous Freys all playing their part in our world’s own “Game of Thrones”. In our lives, they are usually less murdery and slightly more subtle in their elitist desire for domination.

The lesson however remains: there is no guarantee of safety (you dumb bit*h). But before you think I am being gloomy and pessimistic, consider the gift of understanding this. In the pursuit of the ultimate goal of “safety” we expose ourselves and society to all sorts of dangers.

For instance, even assuming the US government had the best intentions over last two decades of drone bombing the Middle East, to supposedly make us more safe, all it really did was create more terrorists. When innocent civilians get murdered by the USA’s bombs, their friends and family become radicalized. Would there still be terrorists and crazy people without all that provocation? Yes, I’m sure. But the numbers would most likely be lower, and we could focus on actual defense.

And even if we assume, for example, that the PATRIOT Act and indefinite detainment clause in the NDAA were passed with the best intentions of targeting terrorists, they has made our own government a much greater threat with the powers they granted. The people who advocate gun control, strict Covid lockdowns, or a government safety net are like Brienne of Tarth, making us less safe because they misunderstand the inherent danger that life carries with it.

If other people take away our agency to respond decide what are the biggest threats facing us, or force us to respond to those threats in a particular way, they will inevitably put us in more danger. That is especially true if they suffer no consequences for their decisions. For example if the people who ban guns can afford to hire private security, then what difference does it make to them if you can’t protect yourself when your home is invaded?

We like to imagine a perfect society in which we are secure, safe, comfortable, and just generally all set, happily ever after. But the desire for a finish line is elusive. We can make ourselves robust against threats, or even anti-fragile so that we could gain from disorder, as Nicholas Nassim Taleb says. But even this requires maintenance and vigilance. You always have to be understanding new threats, and preparing more options which you can choose to exercise, depending on what happens next.

And this goes as much for economics as for physical safety. Don’t expect Social Security to be there for you, have a backup plan. There is no guarantee that any one currency will always stay stable, valuable, or even continue to exist. Don’t put all your eggs in one basket, including streams of income, and the skills you have to earn a living.

At the end of the day, safety comes down to vigilance. Unless you are constantly on alert to those things which threaten your safety, you will be taken by surprise. It doesn’t really matter if the person making you less safe is the well meaning but naive Brienne of Tarth or the calculating power hungry Cersi Lannister.

Cersi, in a sense, is safer to be around, because you understand that she is dangerous, and can protect yourself. But how can you protect yourself from someone who thinks they have your best interests at heart, whether you like it or not?

Some people will have noble goals and try to force you into their “safe” world that they have flawlessly designed for security. Their ignorance makes you just as vulnerable as Cersi’s malevolence. Others will offer us safety, utopia, and ultimate security that we can just accept and then forget about. This will lead us down a path of vulnerability.

Whether those who lure you into the false sense of security are doing so because their goals are noble, or because their motives are nefarious hardly matters. We must each be at liberty to look after our own safety.

Arya, for example, had chosen to stick around The Hound and benefit from the safety he provided. When he was incapacitated, she could have chosen to be protected by Brienne, but instead she chose to go it alone, and protect herself. She ultimately became much more capable for it. And that is essentially the option we all need if we hope to make the world a safer place.

We should be able to choose our own government - and not just from the 200 or so very similar, subpar options currently available. And we should also be able to choose to go it alone, or create our own society, if we don’t like the options available. The ability to take our business elsewhere, without threat or force, will create a market for the best protection against various threats, which will improve the variety and quality of the services offered."
Strong language alert.

"Having Thus Become A Mindless Tool..."

“The fact that the foolish person is often stubborn must not blind us to the fact that he is not independent. In conversation with him, one virtually feels that one is dealing not at all with him as a person, but with slogans, catchwords, and the like that have taken possession of him. He is under a spell, blinded, misused, and abused in his very being. Having thus become a mindless tool, the foolish person will also be capable of any evil and at the same time incapable of seeing that it is evil. This is where the danger of diabolical misuse lurks, for it is this that can once and for all destroy human beings.“
- Dietrich Bonhoeffer, “Letters and Papers From Prison”

"Our 'Wealth': Cloud Castles in the Sky"

"Our 'Wealth': Cloud Castles in the Sky"
by Charles Hugh Smith

"Buyers know there will always be a greater fool willing to pay more for an over-valued asset because the Fed has promised us it will always be the greater fool. I realize nobody wants to hear that most of their "wealth" is nothing more than wispy Cloud Castles in the Sky that will dissipate in the faintest zephyr, but there it is: that which was conjured out of thin air will return to thin air.

I've assembled a few charts that reflect the illusion of financial wealth that has a death grip on the public psyche. Something for nothing is a powerful attractor, but it doesn't offer a narrative that the delusionally self-important demand: I earned this by working hard and being smart. Oh, right, yeah, sure. It had nothing to do with currency being created out of thin air and made available to insiders, financiers, banks, etc., or being able to leverage this new money into ever-larger bets, all guaranteed to be winning trades by the Federal Reserve. Nope, you're all stone-cold geniuses.
Back in reality, note that tangible assets - real as opposed to financial conjuring - are at historic lows relative to financial-bubble assets: tangible assets represent such a meager proportion of total assets that we might assume they could slip to zero without affecting our "wealth" much at all.
If we compare financial-bubble assets to the nation's Gross Domestic Product (GDP), a (flawed) measure of real-world activity, we find Cloud Castles in the Sky are worth over six times the nation's real-world economy. This reflects what happens to the valuations of Cloud Castles in the Sky when "money" is created out of thin air and then leveraged into fantastic, monstrous illusions of "wealth."

The next two charts illustrates the sole dynamic driving assets higher: the Fed is the greater fool. Assets are chasing their own tails higher, completely disconnected from the real world, a reality visible in the chart of IWM, the small-cap index. Examine the recent rocket launch higher and explain why this is completely disconnected from previous decades' valuations.

The answer is the Fed is the greater fool: since everyone knows the Fed will always save the day should valuations falter, buyers know there will always be a greater fool willing to pay more for an over-valued asset because the Fed has promised us it will always be the greater fool.
Take a look at the chart of M2 money stock, and please explain how this is just plain old normal healthy "capitalism" at work. After you've explained chasing your own tail, then explain who's getting all the Fed's free money for financiers. It isn't those working for a living, as evidenced by the chart of money velocity, which has plummeted into the Dead Money black hole from which there is no escape.

So by all means, lavish yourself with praise for constructing a Cloud Castle in the Sky of "wealth" with your hard work and genius, and keep chasing your own tail because the Fed has promised us it will always be the greater fool. What a pretty cloud, what a pretty fantasy."

"Look on my works, ye Mighty, and despair!
Nothing beside remains. Round the decay
Of that colossal wreck, boundless and bare."

Apr 01, 2021 09:12 AM:
"Ozymandias"

"I met a traveller from an antique land,
Who said - “Two vast and trunkless legs of stone
Stand in the desert... Near them, on the sand,
Half sunk a shattered visage lies, whose frown,
And wrinkled lip, and sneer of cold command,
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them, and the heart that fed;
And on the pedestal, these words appear:
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
Nothing beside remains. Round the decay
Of that colossal Wreck, boundless and bare
The lone and level sands stretch far away.”

- Percy Bysshe Shelley

"How It Really Is"

 

Gregory Mannarino, AM 4/1/21: "Updates: The US Economy Is CRATERING. Free-Fall Collapse WITH NO END IN SIGHT"

Gregory Mannarino, AM 4/1/21:
"Updates: The US Economy Is CRATERING.
 Free-Fall Collapse WITH NO END IN SIGHT"
Related:

"As Russian Tanks Move Toward Ukraine, The Globe Braces For The Possibility That World War 3 Could Soon Erupt"

"As Russian Tanks Move Toward Ukraine, The Globe
Braces For The Possibility That World War 3 Could Soon Erupt"
by Michael Snyder

"At this hour, more Russian military forces are massed near Ukraine’s borders than we have ever seen before. Western military leaders say that they are concerned that the troop movements that we have witnessed in recent days may be leading up to an invasion, and if an invasion does happen it will greatly test the resolve of the Biden administration, EU leaders and NATO brass. In particular, the hawks in the Biden administration would almost certainly not be willing to just sit back and let the Russians conquer all of Ukraine. There would likely be a major response by the United States, and that could set off a chain reaction that could ultimately spark World War 3.

So what made the Russians suddenly move a massive invasion force toward Ukraine? Well, it turns out that Ukrainian President Volodymyr Zelensky essentially signed a declaration of war against Russia on March 24th. The document that he signed is known as Decree No. 117/2021, and you won’t read anything about it in the corporate media. I really had to dig to find Decree No. 117/2021, but eventually I found it. I took several of the paragraphs at the beginning of the document and I ran them through Google translate…

"In accordance with Article 107 of the Constitution of Ukraine, I decree:

1. To put into effect the decision of the National Security and Defense Council of Ukraine of March 11, 2021 “On the Strategy of deoccupation and reintegration of the temporarily occupied territory of the Autonomous Republic of Crimea and the city of Sevastopol” (attached).

2. To approve the Strategy of deoccupation and reintegration of the temporarily occupied territory of the Autonomous Republic of Crimea and the city of Sevastopol (attached).

3. Control over the implementation of the decision of the National Security and Defense Council of Ukraine, enacted by this Decree, shall be vested in the Secretary of the National Security and Defense Council of Ukraine.

4. This Decree shall enter into force on the day of its publication.

President of Ukraine V.ZELENSKY
March 24, 2021"

Basically, this decree makes it the official policy of the government of Ukraine to retake Crimea from Russia. Of course the Russians will never hand over Crimea willingly because they consider it to be Russian territory, and so Ukraine would have to take it by force. This is essentially a declaration of war against Russia, and Zelensky would have never signed such a document without the approval of the Biden administration.

Following the signing of Decree No. 117/2021, we started to see Russian forces pour into Crimea and into separatist-held areas of eastern Ukraine at a staggering rate. For example, you can watch a column of Russian tanks being transported by rail right here.

Крым, 30 марта pic.twitter.com/yaMoN7leio
— IgorGirkin (@GirkinGirkin) March 30, 2021

And you can see a massive column of Russian forces on the Crimea bridge right here. Russian military equipment on the Crimean Bridge. 2S19 Msta-S self-propelled howitzers, various trucks, BMP-3 IFVs.
— Status-6 (@Archer83Able) March 31, 2021

In addition, it is being reported that the 56th Guards Air Assault Brigade is on the move, and that is not a good sign at all. For those who don’t know, this isn’t the brigade you want to see on the move. The 56th Guards Air Assault Brigade is an airborne brigade of the Russian Airborne Troops. The brigade was first formed in 1979 and fought in the Soviet–Afghan War, the 1st & 2nd Chechen War. https://t.co/lAthOpiIvw
— ASB News / MILITARY〽️ (@ASBMilitary) March 31, 2021

The Russians are taking Zelensky’s declaration of war very seriously, but the corporate media in the western world is blaming “Russian aggression” for the increase in tensions in the region. But the truth is that the Russians never would have made any of these moves if warmongers in the Biden administration had not given Zelensky the green light to sign Decree No. 117/2021.

And what most people in the western world don’t know is that fighting has already begun in Ukraine. The ceasefire that was agreed to in July 2020 has been violated hundreds of times over the past week… "The OSCE’s civilian Special Monitoring Mission to Ukraine has reported hundreds of cease-fire violations in recent days. On March 26, four Ukrainian soldiers were killed and two others injured in the eastern part of the country. The Ukrainian military said its soldiers were hit by a mortar attack it blamed on Russian troops. Russia denies having a military presence in eastern Ukraine, where it backs separatist forces." At this point, the ceasefire of July 2020 is completely dead.

In response to the renewed fighting, U.S. European Command “has raised its alert status to the highest level”… "U.S. European Command has raised its alert status to the highest level after fighting resumed between Russian-backed separatists and Ukrainian soldiers in the Donetsk Region of eastern Ukraine, marking the end of a June 2020 ceasefire, and Russian forces began building up military equipment along the border."

And we just learned that the chairman of the joint chiefs actually had a telephone call with his counterpart in Russia on Wednesday to address the escalating situation: "In a statement on Facebook on Wednesday, the Russian Ministry of Defense said that at the initiative of the U.S., chairman of the joint chiefs of staff, Mark Milley, had a telephone conversation with his counterpart. “Issues of mutual interest were discussed,” the statement said."

In the days ahead, the corporate media in the western world is going to continue talking about “Russian aggression”, and the Russians are going to continue to blame Zelensky and the Biden administration for the rise of tensions in the region. Ultimately, we could spend countless hours debating who is in the right and who is in the wrong. But what really matters is keeping this from escalating into a global conflict. Because if someone does something really stupid and the Russians feel a need to send their invasion force into Ukraine, there will be no going back ever.

I have been warning about a future conflict between the United States and Russia for a very long time, and we have never been closer than we are right now. With Trump in the White House, relations with Russia were relatively stable, but now Joe Biden is in charge. Biden is a hothead that is showing signs of advanced cognitive decline, and he is surrounded by a team of warmongers that are determined to put Russian President Vladimir Putin in his place. The inmates are running the asylum, and it won’t take much of a mistake at all for things to go horribly, horribly wrong."
Related:

"Cites 'rare peak' in Russian military patrols off Europe with transponders off..."

March 31, 2021 "Chinese Military Aircraft Enter Taiwan’s Air Defense Identification Zone AGAIN" "Ten Chinese military aircraft including fighter jets entered the southwestern corner of Taiwan’s air defense identification zone on Monday in a further escalation of tension across the sensitive Taiwan Strait."

Folks, we do not want to do this...any of this.