Monday, May 24, 2021

"Saving Civilization"

"Saving Civilization"
by Robert Gore

“Never doubt that a small group of thoughtful, committed 
citizens can change the world. Indeed, it is the only thing that ever has.” 
- Margaret Mead

"Imagine you had been picked as a juror for the Derek Chauvin trial. Before you hear a shred of evidence, you very well might make a decision most people would not only admit was the better part of valor, but that harmonized perfectly with prevailing morality.

Your pretrial verdict? Guilty. There had been threats since Chauvin was charged with second and third degree murder and second-degree manslaughter that acquittals would provoke rampaging riots. After the riots last summer, no one could doubt the threats’ credibility. A guilty verdict on all counts could avoid injuries, deaths, and billions of dollars in property damage. Against those consequences, what do the rights or the life of a policeman matter? You’re predetermined verdict is for the greater good.

Even if such considerations never entered your head, you’d need extraordinary courage and independence to impartially hear the evidence and if you thought it warranted, vote for acquittal. You’d have to withstand pressure from your fellow jurors. You’d run the risk that your personal information was leaked by some mainstream or social media scumbag and mostly peaceful thugs showed up at your door. You might be canceled out of a job, your business network, and your social circle. Your privacy would be obliterated and reputation ruined in the wilting glare of nonstop publicity and odium. Politicians and other public figures would denounce you.

The chance that one such person would land on the jury was remote, the chance of twelve nonexistent. Under the inverted standard of justice that prevailed, the outcome was always going to be dictated not by the facts of the case, reasoned consideration of the evidence, deliberation, and the applicable law, but by “social considerations,” which is a polite way of saying the mob.

The mob hailed the verdict as justice. It’s the same justice as John Gotti’s three acquittals after his goons intimidated jurors. Chauvin was guilty unless proven innocent beyond a “reasonable” doubt as defined by the mob. In the same vein, the policeman who shot and killed Ashley Babbitt at the Capitol is not guilty—without a trial—because that’s what the mob demanded. Such blatant contradiction is mob justice.

A morality that confers “rights” on mobs and strips those of an individual is the morality of savages. Maxine Waters is a savage, but so too are the members of the Minneapolis City Council who agreed to pay George Floyd’s estate $27 million before Chauvin’s trial had begun, the judge who recognized the prejudicial unfairness of Waters’ inflammatory statements but passed the buck for doing anything about it to the appellate courts, and the political, media, and celebrity jackals from Joe Biden on down who’ve been howling for Chauvin’s conviction since Floyd’s death.

Whatever the justifications they cite for their pre-verdict demands, they are implicitly insisting that Chauvin’s rights are of no consequence. When the “rights” of some outweigh the rights of one, anything goes. There are people who call for reducing the world’s population to 500 million, which implies a genocide of over 7 billion. That such people are on university faculties rather than denounced and shunned as advocates of mass murder shows just how far the barbarism of collectivist justification has advanced, even when the collective embraced is a fraction of the number of individuals whose lives are to be canceled!

Service and sacrifice are the watchwords of government, the ultimate mob. Who’s served and who’s sacrificed? There has never been a government that has not arrogated to itself the privilege of using force and fraud to strip individuals of their production, their property, their rights, their liberty, and ultimately, their lives. That privilege is governments’ defining essence and is the privilege that has always threatened humanity. The rationales and rhetoric are invariably collective: the demands of the mob supersede individual rights and individual justice.

Is there any other kind of justice? Injustice to one cannot be justice for the many, no matter how many “warriors” stand with the many. It’s mob rule or individual rights—there is no other choice. The savages and cannibals denying individual rights can claim no rights for themselves; there will always be more violent savages and cannibals. It’s a race to the bottom when brutality reigns. The United States government, its foundational albeit imperfectly realized commitment to individual rights completely abandoned, is fast sinking to the nadir.

The high and mighty savages among us believe they can employ the brutality of more overt savages for their own ends. However, the overt savages, because they’ve abandoned even the facade of decency, are closer to the bottom and are therefore winning the race.. Spared the effort of pretense, those who nonchalantly bash store windows or heads won’t hesitate to bash high and mighty heads that hold mistaken notions of who’s the boss. In the race to the bottom, the most ruthless and bloodthirsty win.

Nothing will be fair about the coming fight. It’s no use whining about the other side’s lack of principles, its lies, hypocrisy, unfairness, ruthlessness, and control of virtually every important institution. They’re evil totalitarians, what the hell do we expect? Their principle is absolute power and they’ll do whatever is necessary to acquire and keep it.

Robert Gore, “The Gray Curtain Descends, Part 2,” SLL, January 14, 2021

The trial for Derek Chauvin and the lack of one for the Capitol Hill policeman (name still unknown) are another reminder—not that any are needed—that savages aren’t fair. It’s pathetic and ludicrous to expect an appellate court to grant Chauvin a new trial, although it would have ample grounds to do so in anything resembling a fair judicial system.

It’s like saying, “Wait until 22 and 24!” or, “Wait until the Arizona vote audit!” after last year’s blatant election theft. The savages have instituted corrupt arrangements that will enshrine their power in perpetuity. Expecting them to tolerate anything that would jeopardize those arrangements is like expecting water to run uphill. Fair or even quasi-fair elections would threaten their power. They are, like fair trials, but a memory.

Savages beget savagery and nothing else, until they are stopped or they stop themselves. Don’t count on them recognizing the production—a civilized and thereby forbidden act—and the producers—civilized and thereby forbidden people—that keep them fed and alive. And don’t count on them not making your weaponry, your last line of defense, a use it or lose it proposition.

They recognize no limits, certainly not the constraints imposed by reality. They may have to lay waste to the world before whomever remains of the honest and productive realize that their lives are a defend them or die proposition. For decades, America’s rulers and their accomplices have said about the enemies of the day: they only understand force. It’s projection, ascribing to others one’s own motivations. They’ve dressed it up in all sorts of verbiage, from Make the World Safe for Democracy to We’re All In This Together, but force is what they understand and to which they’ll always resort. The only thing that will stop them is superior force more competently wielded.

Abandon your mind and life is one big scary mystery. In their perpetual, pervasive fear of everything, savages will always respond to superior force. The civilized are abandoning savage strongholds, seeking refuge in states that still demonstrate a vestigial respect for individual rights, the font of civilization. These aren’t nirvanas of freedom, but they’re better than what’s left behind.

Live and let live are not options for savages; they have to prey on someone. The migrants may find relief in their new locales, but unless they’re prepared to defend them that relief will prove temporary. Having run out of victims at home, the savages will invade, plunder, and destroy any place that maintains a modicum of freedom, production, prosperity, and civilization.

Unless their would-be victims repel them. The U.S. is fracturing and that should be encouraged, as may it eventually lead to de facto political separation. However, as separatists found out in 1776 and 1861, it’s one thing to declare new political arrangements, it’s quite another to establish, maintain, and defend them. However, the separatists have most of the advantages.

Governments produce nothing, they mostly destroy. The U.S. government is destroying itself and the nation with debt, confiscatory taxation, redistribution, corruption, a blizzard of laws and regulations, and maintaining a crumbling global empire in the face of challenges from Russia and China.

Government of the savages, by the savages, and for the savages doesn’t have much to draw on, and decades of propaganda have told savages to look to the government for every need. Vegetarian stew in every pot, two Teslas in every garage, paid for diplomas on every wall, a band-aid for every scratch, and a kiss for every boo-boo are just the minimum of what they’ve been told to expect. If they don’t get them it’s the selfish civilized’s fault. But who will they blame when the selfish civilized skip town or quit? And who will feed them?

The separatists will have the productive capabilities. Many of the country’s honest entrepreneurs (as opposed to its crony socialists) have already migrated. They will also have military expertise, especially after the savages eliminate retrograde rightwingerism and transform the US military into the most diverse, empathetic, and politically correct conflict resolution force the world has ever seen. (Oh, how the world trembles!) Notwithstanding the many thanks they’ve received for their service to the savages’ government, many veterans will join the civilized.

After last year’s mostly peaceful riots and the January 6 Insurrection That Nearly Overthrew The Most Exceptional Government In History, many savages bought firearms for the first time. Unfortunately for them, there’s a big difference between buying a firearm and knowing what to do with it, and most of that knowledge (and millions of firearms) are on the side of the vets and the civilized.

Many of the vets have also received on-the-job training in guerrilla warfare, against which the US government is batting zero. The government has many scary weapons, but it has repeatedly demonstrated an inability to keep such weapons out of the hands of its adversaries. Perhaps the separatists will prove as clever and capable as the Vietnamese, al Qaeda, ISIS, Taliban, and Iraqis and other groups have been at capturing US government weaponry. Notwithstanding their diversity, empathy, and political correctness, the conflict resolution forces would then find their weapons turned against them.

Among the separatists it can be assumed there will be experts in drones, robots, artificial intelligence, computer hacking, remote-controlled munitions, biological warfare, and most other future-war technologies, ready, willing, and able to employ their skills for the cause. There might even be some experts in good old-fashioned fission and fusion. While those are legacy technologies, they still have their uses.

At this point, imagination is far more important than a deer-in-the-headlights’ fixation on present realities, because those realities are changing so quickly and chaotically. When the ground is continuously shifting under your feet, you can’t know where you are with any certainty. Your chance of saving yourself depends on knowing where you want to go and having an idea of how to get there.

Skepticism about imminent revolutionary change is understandable, but often betrays a misunderstanding of how revolutions in politics, science, culture, art, philosophy, learning, and all other fields of productive human endeavor work. The explosion visible to all is almost always preceded by a long, burning fuse visible to few and understood by fewer, only generally apprehended after the explosion.

The burning fuse in this case is the awesome force of decentralization sweeping the planet; the revolution is actually well underway. Centralization is a legacy idea and government is its legacy institution. After centuries of centralized, resource-devouring, and tyrannical government failures, and after the failure of the most centralized, resource-devouring, and tyrannical government in history, legions of intellectuals of impaired intellect and infinitesimal imagination still hail or fear a centralized, resource-devouring, and tyrannical global government. That’s not to say there aren’t plenty of people out there trying to institute such a government, but they’re building a three-foot-high wall of beach mud and sand against a tidal wave.

That wave will arrive, of that there can be no doubt. Afterwards people will point to some contemporaneous event as the catalyst, but the catalysts have been accumulating for decades, their leitmotif decentralization. Multi-volume sets could be written about them all. (Maybe someday I’ll give it a try, knowing multitudes of new ones will pop up after I’m gone.) Just a sampling: microchips, computer networks, 3D printing, nanotechnology, satellites, blockchains, personal computing, cell phones, cable television, GPS, charge-injecting fluids (4rysprays.com), the production and distribution of do-it-yourself video, publishing, and music, the fall of the Soviet Union, the irreconcilable tension between Chinese entrepreneurialism, brilliance, and free inquiry on the one hand and the Chinese government on the other, the bankruptcy of the welfare states, Trump, Brexit, the Yellow Vests, IEDs, shoulder-fired missiles, drones, hacking, blue-to-red-state migration, secessionism, the coming dissolution of the EU, and the coming collapse of governments and their fiat currencies, to name but a few.

Don’t get too attached to today; tomorrow it’s gone. The questions that will emerge from the chaotic maelstrom: Freedom or tyranny? Civilization or savagery? Anyone who chooses civilized freedom is going to have to fight for it, but it’s a fight that can and will be won."

"How It Really Is"

 

"How to Stop Caring About What Other People Think"

"How to Stop Caring About What Other People Think"
by Mark Manson

"Every few months, I sit down and answer about a dozen reader-submitted questions on video and upload them to my website. This quarter’s most popular question was a classic, a question I might get more than any other: "How do I stop giving a f*** what other people think about me?" Like an excellent burrito, I answered this question in three layers: the short answer, the long answer, and the unexpected answer. You can watch my full response on my YouTube channel. Watch: "How to Stop Caring What Other People Think".

I also answered questions regarding advice for young people in their 20s, why the self-help industry is so fucked up, what my views are on nature vs nurture, hard discussions about sex, and much more. You can watch all of the videos, including dozens of previous videos, on my website’s Ask Mark Anything page. Note that the AMA videos on the site are for site members only. You can learn about site membership, my courses, videos, and member’s articles here.

2. Hate is proportional to audacity - An unfortunate fact of life is that you will receive hate from others in proportion to the audacity of your goals. The more ambitious and unconventional your aims, the more people will try to deter you, tear you down, criticize you, and so on It’s easy to sit here and complain that this shouldn’t happen - but actually, it should. Humans are a social species, and we are strongly biased towards the status quo. That’s because the status quo is likely more stable and beneficial than most alternatives.

Therefore, when someone comes along with a big, bold idea that challenges the status quo, most people will instinctively look for reasons why it’s wrong or won’t work. They will challenge it, criticize it, ridicule it, and make lame jokes about it on Twitter. And I would argue this is a good thing. For one, most ideas are bad. Therefore, if an idea can’t survive being dunked on a few dozen times, then it’s better off being left for dead. But second, as the audacious-idea-haver, it forces you to have a deep conviction in what you're doing.

3. The uneven distribution of awareness - This will be the last installment of my ongoing discussion of whether or not today’s society is "too aware". To catch people up real quick, two weeks ago, I suggested that perhaps social media has caused an over-abundance of awareness of social issues, which has become counterproductive. Last week, after many reader responses, I wrote that perhaps it’s not that we’re too aware of the problems of the world, but not aware enough of the solutions.

Well, after another round of discussion with a lot of thoughtful readers, I think I’ve come to a firm conclusion on what I believe about this subject:

• In the social media age, we have transitioned from a few people knowing a lot about their own particular cause, to everyone knowing a little bit about every cause.



• For a few social causes, this might be beneficial. But for many social causes, it’s probably unhelpful at best, and deeply distracting and counterproductive at worst. Most social causes likely need highly dedicated, highly informed activists working for long periods of time. This is pretty much the opposite of what social media activism is.



• The unfortunate side effect of this shallow awareness of every issue is that large numbers of people have become incredibly and irrationally pessimistic about the future. They have a superficial understanding of the problem without really knowing the facts, history, or trade-offs involved with that problem. Therefore, the internet gets flooded with bad takes and lots and lots of angry people writing mean things to each other.



• This widespread pessimism and occasional hysteria occasionally erupts into large and often misguided political movements. Protesting becomes performative - more about signalling which crowd you identify with rather than any actual cause.



• The ineffectiveness of these political movements and protests eventually generates greater pessimism and frustration, and then it’s hello darkness, my old friend.

What can we do about this? As always, follow a strict attention diet. Choose better information sources - i.e., follow experts over influencers. Get comfortable with finding and thinking in terms of statistics rather than stories (most statistics show things getting better; most stories show things getting worse). Learn to ask yourself, "What if I’m wrong?"  - and then ask it all the damn time. Practice empathy, especially with those whom you disagree. Put the phone away and maybe go outside.

Eat a burrito. Pet a dog. Look at a sunset or something. You’re going to be fine."

Sunday, May 23, 2021

“Lucky Money Will Run Out; Crypto Currency Chaos; Unsustainable Lifestyles; Bitcoin Smashed”

Full screen recommended for scenic views.
Jeremiah Babe,
“Lucky Money Will Run Out; Crypto Currency Chaos; 
Unsustainable Lifestyles; Bitcoin Smashed”

Gregory Mannarino, 5/23/21: "Markets, A Look Ahead: The Fed. ADMITS U.S. Economy Is Slowing"

Gregory Mannarino, 5/23/21:
"Markets, A Look Ahead: 
The Fed. ADMITS U.S. Economy Is Slowing"

Musical Interlude: Giovanni Allevi, “Back To Life”

Full screen recommended.
Giovanni Allevi, “Back To Life”

"A Look to the Heavens"

“How many arches can you count in the below image? If you count both spans of the Double Arch in the Arches National Park in Utah, USA, then two. But since the above image was taken during a clear dark night, it caught a photogenic third arch far in the distance- that of the overreaching Milky Way Galaxy. Because we are situated in the midst of the spiral Milky Way Galaxy, the band of the central disk appears all around us.
The sandstone arches of the Double Arch were formed from the erosion of falling water. The larger arch rises over 30 meters above the surrounding salt bed and spans close to 50 meters across. The dark silhouettes across the image bottom are sandstone monoliths left over from silt-filled crevices in an evaporated 300 million year old salty sea. A dim flow created by light pollution from Moab, Utah can also be seen in the distance.”

"One Summer Night..."

"One summer night, out on a flat headland, all but surrounded by the waters of the bay, the horizons were remote and distant rims on the edge of space. Millions of stars blazed in darkness, and on the far shore a few lights burned in cottages. Otherwise there was no reminder of human life. My companion and I were alone with the stars: the misty river of the Milky Way flowing across the sky, the patterns of the constellations standing out bright and clear, a blazing planet low on the horizon. It occurred to me that if this were a sight that could be seen only once in a century, this little headland would be thronged with spectators. But it can be seen many scores of nights in any year, and so the lights burned in the cottages and the inhabitants probably gave not a thought to the beauty overhead; and because they could see it almost any night, perhaps they never will."
- Rachel Carson

"If You Do Not Know..."

"First of all, although men have a common destiny, each individual also has to work out his own personal salvation for himself in fear and trembling. We can help one another to find the meaning of life no doubt. But in the last analysis, the individual person is responsible for living his own life and for "finding himself." If he persists in shifting his responsibility to somebody else, he fails to find out the meaning of his own existence. You cannot tell me who I am and I cannot tell you who you are. If you do not know your own identity, who is going to identify you?"
- Thomas Merton

"Covid-19 Pandemic Update 5/23/21"

"Covid-19 Pandemic Update 5/23/21"
“When you don’t have the data and you don’t have
the actual evidence, you’ve got to make a judgment call."

SUN MAY 23, AT 2:00 PM: "Wuhan Lab Workers Were 'So Sick They Sought Hospitalization' According To US Intelligence" "They may represent 'the first known cluster...'"
May 23, 2021 10:08 AM ET:
The coronavirus pandemic has sickened more than 152,347,200
people, according to official counts, including 32,419,582 Americans.
Globally at least 3,194,600 have died.

May 23, 2021 10:08 AM ET: 
"The COVID Tracking Project"
Every day, our volunteers compile the latest numbers on tests, cases,
hospitalizations, and patient outcomes from every US state and territory.
"The individual comes face-to-face with a conspiracy so monstrous he cannot believe it exists. The American mind has not come to a realization of the evil which has been introduced into our midst. It rejects even the assumption that human creatures could espouse a philosophy which must ultimately destroy all that is good and decent."
- J. Edgar Hoover
Related, highly recommended:
Related:

“The Stench of Political and Financial Corruption”

“The Stench of Political and Financial Corruption”
By Jesse

“Wall Street had been doing business with pieces of paper; and now someone asked for a dollar, and it was discovered that the dollar had been mislaid. It was an experience for which the captains of industry were not entirely prepared; they had forgotten the public. It was like some great convulsion of nature, which made mockery of all the powers of men, and left the beholder dazed and terrified. In Wall Street men stood as if in a valley, and saw far above them the starting of an avalanche; they stood fascinated with horror, and watched it gathering headway; saw the clouds of dust rising up, and heard the roar of it swelling, and realized it was only a matter of time before it swept them to their destruction... But it is difficult to get a man to understand something when his salary depends upon him not understanding it."
- Upton Sinclair, "The Moneychangers"

"You are a den of vipers and thieves. I intend to rout you out, and by the grace of the eternal God, I will rout you out." - Andrew Jackson

It was discovered that in all that blizzard of corruption, and the paper that covered it up, that the very basis of the value of things had been 'mislaid.' And then the deluge came. If you listen to the reasoning of 'free market' types, and their paid mouthpieces and demagogues, this kind of thing could not happen, because companies, being rational and focused on the long term, would not allow tainted meat with their name on it to be sold into the markets.

They would not risk the lawsuits, and damage to their reputations. It is a similar argument that holds that financial markets need only light regulations because people will manage their own behavior for the ultimate good, with almost perfect rational and altruistic self-constraint.

But alas, we know this is not true, as anyone who ever travels on a major highway can tell you. People and their tendencies to greed and careless stupidity require a certain association of people in a society for their common good, to take on not only large tasks with common and broad benefits to the pubic, but also in order for the majority to protect themselves from criminals, cheats, sociopaths, and plain old ignorant selfishness. This is why we establish police and fire departments, and have health laws, for example.

Government is never perfect. But its occasional flaws and corruption are no reason to do away with it. The power of government must be held in balance, but so must the power of private wickedness.

If you bother to look into the history of certain types of laws, especially those designed to protect the public, and the often long progressive efforts of many dedicated souls to achieve them, from civil rights to basic food safety to voting rights to consumer protections against financial fraud, you can see what they have accomplished, and how their effectiveness must be upheld and occasionally renewed, since the corrupting power of easy money respects few if any boundaries.

Goodness may occasionally falter, but evil never sleeps. And as many are now discovering, telling the truth becomes a subversive act, in times of general deceit. Notice the patterns of smears and dehumanization of certain types of people. This is how it begins.

And so it seems that every other generation forgets the lessons learned by their grandparents, and casts off their protections in fits of foolishness fuelled by the sweet words and slogans of the pampered princes of easy money, and their puppets, who will say and do anything for power and position. Those who forget history are doomed to repeat it, and this is surely the story of the last thirty years, especially in the area of financial regulation, and the political standards of oaths and stewardship.”

The Daily "Near You?"

Rio Grande, Puerto Rico. 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”

Greg Hunter, "Inflation & Implosion – Hyperinflation in 2022"

"Inflation & Implosion – Hyperinflation in 2022"
by Greg Hunter’s USAWatchdog.com

Economist John Williams, founder of ShadowStats.com, says the Federal Reserve has painted itself into such a tight corner with the economy it really has only two choices. Williams says it comes down to “Inflation or Implosion.” What would happen to the financial system if the Fed stopped printing massive amounts of money for stimulus and debt service? Williams explains, “You could see financial implosion by preventing liquidity being put into the system. The system needs liquidity (freshly created dollars) to function. Without that liquidity, you would see more of an economic implosion than you have already seen. In fact, I will contend that the headline pandemic numbers have actually been a lot worse than they have been reporting. It also means we are not recovering quite as quickly. The Fed needs to keep the banking system afloat. They want to keep the economy afloat. All that requires a tremendous influx of liquidity in these difficult times.”

So, is the choice inflation or implosion? Williams says, “That’s the choice, and I think we are going to have a combination of both of them. I think we are eventually headed into a hyperinflationary economic collapse. It’s not that we haven’t been in an economic collapse already, we are coming back some now. The Fed has been creating money at a pace that has never been seen before. You are basically up 75% (in money creation) year over year. This is unprecedented. Normally, it might be up 1% or 2% year over year. The exploding money supply will lead to inflation. I am not saying we are going to get to 75% inflation—yet, but you are getting up to the 4% or 5% range, and you are soon going to be seeing 10% range year over year. The Fed has lost control of inflation.”

And remember, when the Fed has to admit the official inflation rate is 10%, John Williams says, “When they have to admit the inflation rate is 10%, my number is going to be up to around 15% or higher. My number rides on top of their number.”

Right now, the Shadowstat.com inflation rate is above 11%. That’s if it were calculated the way it was before 1980 when the government started using accounting gimmicks to make inflation look less than it really is. The Shadowstats.com number cuts out all the accounting gimmicks and is the true inflation rate that most Americans are seeing right now, not the “official” 4.25% recently reported.

Williams says the best way to fight the inflation that is already here is to buy tangible assets. Williams says, “Canned food is a tangible asset, and you can use it for barter if you have to. Physical gold and silver is the best way to protect your buying power over time.” Gold may be a bit expensive for most, but silver is still relatively cheap. Williams says, “Everything is going to go up in price.”

When will the worst inflation be hitting America? Williams predicts, “I am looking down the road, and in early 2022, I am looking for something close to a hyperinflationary circumstance and effectively a collapsed economy.”
Join Greg Hunter on Rumble as he goes One-on-One
 with John Williams, founder of ShadowStats.com.
Related:

“The Crash Is Not Stopping; Signs Of A Failing Economy; Worst Is Yet To Come”

Full screen recommended.
Jeremiah Babe,
“The Crash Is Not Stopping;
Signs Of A Failing Economy; Worst Is Yet To Come”

"How It Really Is"

"Our True Friends..."

“Our true friends are those who are with us when the good things happen. They cheer us on and are pleased by our triumphs. False friends only appear at difficult times, with their sad, supportive faces, when, in fact, our suffering is serving to console them for their own miserable lives.”
- Paulo Coelho, "The Zahir"
"Positively 4th Street"

Saturday, May 22, 2021

Musical Interlude: Procol Harum, "A Salty Dog"

Procol Harum, "A Salty Dog"
"Ulysses"
...

"There lies the port; the vessel puffs her sail:
There gloom the dark, broad seas. My mariners,
Souls that have toil'd, and wrought, and thought with me -
That ever with a frolic welcome took
The thunder and the sunshine, and opposed
Free hearts, free foreheads - you and I are old;
Old age hath yet his honor and his toil;
Death closes all: but something ere the end,
Some work of noble note, may yet be done,
Not unbecoming men that strove with Gods.
The lights begin to twinkle from the rocks:
The long day wanes: the slow moon climbs: the deep
Moans round with many voices. Come, my friends,
'Tis not too late to seek a newer world.
Push off, and sitting well in order smite
The sounding furrows; for my purpose holds
To sail beyond the sunset, and the baths
Of all the western stars, until I die.
It may be that the gulfs will wash us down:
It may be we shall touch the Happy Isles,
And see the great Achilles, whom we knew.
Tho' much is taken, much abides; and tho'
We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield."

- Alfred, Lord Tennyson

"A Look to the Heavens"

"From our vantage point in the Milky Way Galaxy, we see NGC 6946 face-on. The big, beautiful spiral galaxy is located just 20 million light-years away, behind a veil of foreground dust and stars in the high and far-off constellation of Cepheus. From the core outward, the galaxy's colors change from the yellowish light of old stars in the center to young blue star clusters and reddish star forming regions along the loose, fragmented spiral arms.
NGC 6946 is also bright in infrared light and rich in gas and dust, exhibiting a high star birth and death rate. In fact, since the early 20th century at least nine supernovae, the death explosions of massive stars, were discovered in NGC 6946. Nearly 40,000 light-years across, NGC 6946 is also known as the Fireworks Galaxy. This remarkable portrait of NGC 6946 is a composite that includes image data from the 8.2 meter Subaru Telescope on Mauna Kea.”

The Daily "Near You?"

Greenfield, Massachusetts, USA. Thanks for stopping by!

"A Sad Fact..."

"A sad fact, of course, about adult life is that you see the very things you'll never adapt to coming toward you on the horizon. You see them as the problems they are, you worry like hell about them, you make provisions, take precautions, fashion adjustments; you tell yourself you'll have to change your way of doing things. Only you don't. You can't. Somehow it's already too late. And maybe it's even worse than that: maybe the thing you see coming from far away is not the real thing, the thing that scares you, but its aftermath. And what you've feared will happen has already taken place. This is similar in spirit to the realization that all the great new advances of medical science will have no benefit for us at all, thought we cheer them on, hope a vaccine might be ready in time, think things could still get better. Only it's too late there too. And in that very way our life gets over before we know it. We miss it. And like the poet said: The ways we miss our lives are life."
- Richard Ford

"We Have No Idea How Good We Can Get"

"We Have No Idea How Good We Can Get"
by Paul Rosenberg

"I can still remember the first time someone told me that they believed in the Calvinist doctrine of “the depravity of man.” It shocked me. To complain about human behavior I very well understood; there’s plenty of bad behavior in the world. But to flatly call the human species depraved... hopelessly unredeemable... that was, and remains, obscene to me.

The sad truth, however, is that the modern West swims in a sea of Calvinism. The corporate bullhorns feed everyone they can a steady diet of the bad, ugly, and if possible the bloody. Under their influence, we would believe that all is darkness, that truth is illusion, that the human path is ever-downward, and that all professions of goodness are scams.

In other words, the minds of millions of people (billions, probably), are continually pushed to imagine that human depravity is a fact. That strategy is terribly effective – there’s no better tool for manipulating humans than fear – but it is no less than obscene and evil. And it’s false. Humans are amazing creatures, and very often kind, gracious and loving creatures.

The Real Revolutionaries: I’ve used this passage from G.K. Chesterton’s "The Defendant" before, but it’s so important that I could use it once a month and feel fine about it: "Every one of the great revolutionists, from Isaiah to Shelly, have been optimists. They have been indignant, not about the badness of existence, but about the slowness of men in realizing its goodness."

The popular image of a revolutionary is of someone railing against the rulers of their place and leading a mob against them to bring in a new political regime. Notwithstanding the ridiculous notion of politics saving us from politics, this has always been a fantasy. It’s very dramatic of course, which is why it remains, but in real life it simply doesn’t happen [1].

The real revolution, certainly in our time, is not to bring anything down, but simply to realize that we’ve outgrown a dark and manipulative public order, and that it’s fit for no more than to be tossed aside, like the worn-out clothing of our youth.

Real revolutionaries don’t want to take over an outmoded and abusive status quo, but to transcend it... to leave it behind and build better things. Behind such a belief, as Chesterton noted, will stand a realization of the goodness of existence.

How Good Can We Get? Consider the millions of hours... billions of hours... wasted every year fighting the mostly-imaginary evils pumped through television, radio and social media. Then, please, consider that the problems so terrifyingly portrayed are seldom really solved. So, what if we spent that time (and energy and money) to improve ourselves instead?

How silly is it to spend our time and treasure fighting within a system that can never allow its problems to be solved – if the system solved them it would have no reason to exist – when we are quite able to improve ourselves instead?

Consider, please: We have no real idea of how good we can get, because we’ve never seriously focused on making ourselves better.

Or, said differently: Instead of endlessly imagining human evil, what if we started imagining human greatness? One is just as possible as the other. So why shouldn’t we take the bright path instead of the permanently dark path that’s proven not to work? And I will add that the progress we have seen in the world... science, medicine and the like... has mainly come from people who imagined better ways, better things,  and better lives.

This, then, is the radical and revolutionary belief that stands before us: That mankind is far better than we’ve imagined... that human life can be satisfying and rewarding... that we are capable of being far more than we’ve imagined. All we have to do is to lift up our eyes and start trying."

[1]  It’s probably worth adding that the American Revolution wasn’t a revolution per se. Rather, it was a new society, on a new continent, that grew in a condition of “salutary neglect,” after which the Crown attempted to drag it into submission. The Americans of 1776 fought to be left alone rather than to bring down the Crown.

The Poet: James Broughton,"Having Come This Far"

"Having Come This Far"

"I've been through what my through was to be,
I did what I could and couldn't.
I was never sure how I would get there.
I nourished an ardor for thresholds,
for stepping stones and for ladders,
I discovered detour and ditch.
I swam in the high tides of greed,
I built sandcastles to house my dreams.
I survived the sunburns of love.

No longer do I hunt for targets.
I've climbed all the summits I need to,
and I've eaten my share of lotus.
Now I give praise and thanks
for what could not be avoided,
and for every foolhardy choice.
I cherish my wounds and their cures,
and the sweet enervations of bliss.
My book is an open life.

I wave goodbye to the absolutes,
and send my regards to infinity.
I'd rather be blithe than correct.
Until something transcendent turns up,
I splash in my poetry puddle,
and try to keep God amused."

- James Broughton

Musical Interlude: Steppenwolf, "Monster"

Steppenwolf, "Monster"
More appropriately titled "Monster, Suicide, America."
Who knew this song, released in 1968, would 
be prophetic into the 21st century?

"Delusions and Truth..."

How Americans love to view themselves...

How the rest of the world sees us...
Any questions?

"The View from Abroad"

"The View from Abroad"
Notes on the World’s Motherlode of Moral Hypocrisy
by Fred Reed

"Among the more nauseating elements of what has become the American national character is the moral preening, the lecturing of others on the virtuousness of the Exceptional Nation, on America’s incontinent goodness and sense of superiority. The world isn’t buying it. The internet makes fraud impossible.

Start with the domestic. The whole world can see, in what calls itself the richest country in the world, squalid, diseased, often rat-infested encampments of tens of thousands the homeless on the sidewalks of city after city: Los Angeles, San Francisco, Seattle, Portland, Austin, on and on. In New York they live in subway stations, often on the trains. Forgotten diseases return. This must cause astonishment in civilized countries such as Japan, South Korea, Singapore, Taiwan, China.

Next, crime, levels of which constitute a measure of civilization. American lawlessness is a wonder of the world. Over seven hundred killed annually in Chicago, three hundred in Baltimore, with perhaps three times as many shot but not killed. Similar numbers per capita can be adduced for many other cities. Equally elevated figures exist for assault, rape, carjacking, mugging, shoplifting. To citizens of Taiwan or South Korea these numbers must look more appropriate to civil war in Sudan than a country that regards itself as an example to the world.

America talks of its commitment to human rights. Yet the world just watched agape as some four hundred cities exploded in looting, arson, and vandalism citing abuse of human rights by the police. Uighurs? As the world can easily see, and does, the black population lives generation after generation in crime-infested, drug-ridden semi literacy. Racial relations are terrible, probably worsening, and so bad that whites dare not walk in black regions. The frequent horrific racial attacks by blacks on whites are carefully kept out of the American mass media, but the world can see them in foreign publications such as the Daily Telegraph.

The fetid, necrotic, and hopeless ghettos are widespread. Consider Newark, Camden, Trenton, Philadelphia, Baltimore, Detroit, Chicago, St Louis, Cincinnati, New Orleans, just to begin.

Human rights? America’s unending race riots appear in graphic detail all around the world. Cities burn, over and over, decade after decade, as American politicians speak of their values, which they seem to want the rest of the world to adopt.

Race relations in the most moral, preachy, and indispensable nation, two examples of many, many dozens that could be given:


Public disaffection is rampant in America. Washington is so afraid of its citizens that it called in over twenty thousand soldiers to assure calm when Biden was inaugurated. The whole earth watched, some in shock, others in amusement, as infuriated citizens stormed the Capitol. During a recent trial in Minneapolis troops were needed to protect the proceedings from an angry population, with stores boarding up in fear of looting. Can anyone imagine this in Tokyo?

And of course, few around the world can have failed to notice the disparity between China’s quick and effective response to the epidemic and the chaos, verging on anarchy of the American, in which no one appeared to be in charge and much of the population refuses to cooperate with the government.

Americans are not an historically aware people and so have little idea of how or why they are regarded as they are abroad. Consider Mexico, where I live. People here know of the Mexican-American War (of which, preposterously many Americans have never heard) as well as the bombardment of Veracruz and Pershing’s incursion. Peoples remember their defeats and humiliations as the victors do not. Mexicans know they are powerless against America, resent it intensely. Latin Americans in general know of the almost endless list of invasions, coups, dictators installed, economic exploitation that Americans have never heard of. Today they see the persecution of Cuba, the attempt to starve Venezuela into giving Washington control of its oil, the coups and murder attempts against Maduro, the coup in Bolivia, other attempts in Ukraine and Byelorussia, on and on.

Many countries have endured American manipulation exploitation, invasion. Americans seldom know of these things, but the countries involved do. For example, China remembers that American (and European) gunboats seized Chinese ports, forced the opium trade on the country, and that American troops have rampaged through Beijing, looting, raping, and killing for sport. There was the burning of the Summer Palace (look it up if you haven’t heard of it.) During the Cold War, Americans saw themselves as on a moral crusade against Communism. The Chinese saw it as a crusade against China. Which is how the “trade war” looks to them now.

How does America appear to much of the world today? As a brutal, utterly unprincipled, destructive, out of control monster wreaking havoc on any country that doesn’t submit. If this seems to you extreme, you are probably a normal American. But try for a second, if only as an exercise in mental gymnastics, to see how it looks from abroad.

America killed hundreds of thousands in Iraq and wrecked it for generations, has killed and killed and killed for almost twenty years in Afghanistan. Supervised the destruction of Libya, currently occupies much of Syria and kills there too, bombs Somalia, supports a grisly Saudi war against Yemen. In an earlier generation it killed millions in Southeast Asia.

At this writing America is the only country of note steadfastly supporting Israel’s search for lebensraum in the West Bank and its conversion of the Gaza Strip into the Warsaw Ghetto, with the IDF inflicting its usual devastation.

Human rights? The world saw the godawful photos of torture in America’s prison at Abu Ghraib. They know of the continuation of “enhanced interrogation,” in Guantanamo. These things could be seen, and were, everywhere from Kathmandu to Finland and all over the Moslem world, where they served to spur enlistment. The American media carefully do not speak of the horrors of the torture camps, or of the death and mutilation caused by the wars. Web sites in other countries are not as reticent. No, the pols speak of American values.

Which leads to a question I often hear in Mexico: “Why don’t the gringos worry about their own problems instead of causing new ones for the rest of us?”

Amen."

Friday, May 21, 2021

"UNBELIEVABLE: The Alarming Truth About Money"

"UNBELIEVABLE: The Alarming Truth About Money"
by Brian Maher

"Today we stagger into the Minotaur’s maze of money… It may be familiar space to you. But a man must occasionally remind himself of his surroundings… fix his bearings… take stock of his position. And so we proceed...

You sink your hand into your wallet. It resurfaces grasping a $20 bill. This bill is an asset to you, its holder. It represents a claim upon goods and services. But this asset of yours is but one side of a glass mirror. Seen from your side it is a $20 asset. Seen from the opposite side it is a $20 debt.

Today All Money Is Debt: This you must realize: All money circulating — all bills, coins, checking and savings deposits, all of it — has been borrowed into existence. That is, all money in existence represents a debt… taken sometime… somewhere… by someone. That debt may not be your debt. But it is someone’s debt. This is the inner secret of the lovely $20 bill you presently hold in your hand. It leads a double existence — one in light — one in shadow.

We hazard that Andy Jackson is doing 10,000 revolutions each minute in his bleak Tennessee grave. For this is the man who shuttered the Second Bank of the United States in 1835 — the central bank — and retired the national debt for the first and only occasion in history. At no other time has Uncle Samuel poked his head above the water. And here is poor Old Hickory, posthumously dragooned into the very arrangement against which he raged ceaselessly. But let us step deeper into the Minotaur’s dizzying maze… and ponder the staggering implications of today’s money…

$82 Trillion Into Thin Air: Recall, all money constitutes an expression of debt. The asset merely represents the reverse side of the liability. We must therefore conclude: If all dollar-based debt was retired — all $82 trillion, public and private — every dollar would vanish into air that is thin… like data from a Hillary Clinton hard drive… or Donald Trump’s presence on Twitter.

Now lift your jaw from the floor. Now find your footing. Now regain your shaken wits. Do we speculate? Do we stretch the facts? Neither. We speak by the book…

The Fed’s Open Confession: Mr. Marriner Eccles bossed the Federal Reserve in May 1941. At that time, he sat down in front of the House Committee on Banking and Currency. A bewildered congressman — Patman, by name — asked Eccles how the Federal Reserve had acquired the funds to purchase two billion dollars of Treasury bonds in 1933.

Our minions have fished up this exchange from the Congressional Record:
ECCLES: We created it.
PATMAN: Out of what?
ECCLES: Out of the right to issue credit money.
PATMAN: And there is nothing behind it, is there, except our government's credit?
ECCLES: That is what our money system is. If there were no debts in our money system, there wouldn't be any money.

Imagine it if you can — no debt, no money.

The Tragic Absurdity of Our Hopeless Situation Is Almost Incredible”: Did Mr. Eccles botch the facts? He did not. Here is the Credit Manager of the Federal Reserve’s Atlanta outpost, Mr. Robert Hemphill: "If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible — but there it is."

Mr. G. Edward Griffin is the author of "The Creature from Jekyll Island." Here he seizes his hammer... and pounds home the nail Messieurs Eccles and Hemphill pegged up: "It is difficult for Americans to come to grips with the fact that their total money supply is backed by nothing but debt, and it is even more mind boggling to visualize that, if everyone paid back all that was borrowed, there would be no money left in existence. That's right, there would be not one penny in circulation — all coins and all paper currency would be returned to bank vaults — and there would be not one dollar in any one's checking account. In short, all money would disappear…"

Every dollar that exists today, either in the form of currency, checkbook money, or even credit card money — in other words, our entire money supply — exists only because it was borrowed by someone; perhaps not you, but someone. We are now fumbling in darkness, deep into the dizzying monetary maze we have entered. Yet we press on… deeper into the labyrinth…

Don’t Forget About the Interest: A bank loans a man $10,000. He must repay the $10,000 at a future date — with a bit of interest into the bargain. Assume the $10,000 comes tethered to a 5% rate of interest. Assume further the bankman knocks at his door five years hence, calling in his loan, palms extended. The debtor must hand the fellow $11,322.74 That is, the principal plus the $1,322.74 in accumulated interest.

Where will this sap secure the $1,322.74 to service the interest? The larger question: Must the Federal Reserve issue increasing quantities of money to service all outstanding debt — $82 trillion in the case of the United States? Mr. Griffin: "One of the most perplexing questions associated with this process is “Where does the money come from to pay the interest?" If you borrow $10,000 from a bank at 9%, you owe $10,900. But the bank only manufactures $10,000 for the loan. It would seem, therefore, that there is no way that you — and all others with similar loans — can possibly pay off your indebtedness. The amount of money put into circulation just isn't enough to cover the total debt, including interest. This has led some to the conclusion that it is necessary for you to borrow the $900 for the interest, and that, in turn, leads to still more interest. The assumption is that, the more we borrow, the more we have to borrow, and that debt based on fiat money is a never- ending spiral leading inexorably to more and more debt."

This is a partial truth. It is true that there is not enough money created to include the interest, but it is a fallacy that the only way to pay it back is to borrow still more. A partial truth? Why partial? And what is the entire truth, sir?

The Exchange Value of Labor: “The assumption fails to take into account the exchange value of labor.” Please elaborate: Let us assume that you pay back your $10,000 loan at the rate of approximately $900 per month and that about $80 of that represents interest. You realize you are hard pressed to make your payments so you decide to take on a part-time job…

The decision then is made to have the bank's floors waxed once a week. You respond to the ad in the paper and are hired at $80 per month to do the job. The result is that you earn the money to pay the interest on your loan, and — this is the point — the money you receive is the same money which you previously had paid. As long as you perform labor for the bank each month, the same dollars go into the bank as interest, then out the revolving door as your wages, and then back into the bank as loan repayment.

Just so. You serve the interest by serving your master. But what if you decline to wax the bank’s floors? If you do not serve your master? It is not necessary that you work directly for the bank. No matter where you earn the money, its origin was a bank and its ultimate destination is a bank. The loop through which it travels can be large or small, but the fact remains all interest is paid eventually by human effort.

Modern Serfdom: What — then — are we to conclude from the foregoing? The significance of that fact is even more startling than the assumption that not enough money is created to pay back the interest. It is that the total of this human effort ultimately is for the benefit of those who create fiat money. It is a form of modern serfdom in which the great mass of society works as indentured servants to a ruling class of financial nobility. This conclusion appalls us.

We hazard pieces are missing from this jigsaw puzzle. The deepest mysteries of the monetary arts elude us. But we also hazard Mr. Griffin presents a fair overall outline. Shall we strike the chains of bondage from our wrists? That is, should we all repay each dollar we owe — all $82 trillion? That is, should we call in all money from circulation? The questions are theoretical, of course. We can no more afford to break the chains than we can afford to break our necks. They will only snap under the relentless strain… not because we choose to snap them. When that day arrives we shall be finally free. Free — without one penny to our name."

"Goldman Warns Of 'Substantial' Surge In Home Prices, Expects Bigger Housing Bubble Than 2007"

Full screen recommended.
"Goldman Warns Of 'Substantial' Surge In Home Prices, 
Expects Bigger Housing Bubble Than 2007"
by Epic Economist

"Home prices are soaring at the fastest pace in over 15 years, and a panic buying wave for homes has been inflating the real estate price bubble to levels never before seen. Entire swaths of the population are getting priced out of the market as affordable homes are now impossible to find. As a result, several experts and economists, and most notably, Goldman Sachs, have been warning that housing prices must soon face a correction, otherwise, the market will be doomed to face a decades-long hyperinflationary crisis. The rapid worsening of the affordability crisis is worrying industry analysts, who are arguing the current pace of home price appreciation is becoming increasingly unsustainable. "Every time prices rise another month there's another sort of swath of the economy, a swath of Americans at that point who can no longer afford to buy homes," explained Zillow senior economist Jeff Tucker. "So as prices rise, it does make homeownership a more exclusive club."

Record low mortgage rates and remote work have contributed to an overwhelming demand from homebuyers over the past 17 months. According to the real estate brokerage Redfin, in March, we had the "hottest month in housing market history, with a record 43% of homes selling for more than their listing price". Almost half of the homes that went under contract had an accepted offer within one week after being listed. All across the country, homes are being immediately snatched up after hitting the market.

Supply chain disruptions also helped the meteoric rise in building costs for new homes, with lumber prices surging more than 200% in a year. "Builders are now building as fast as they can. But the U.S. housing market, one year's worth of construction, even with everybody firing on all cylinders, just can't really make up for 10 or 12 years of under-building," Tucker pointed out. In Massachusetts, with each passing month buyers are getting more shocked in face of the soaring prices on the few homes that are still available. One recent research released by the firm shows that during April, a home in Haverhill sold in 17 days after being listed and for 105.3% above the asking price.

Those who cannot even consider the possibility of buying a home but have been looking for more space during the health crisis, have started chasing rents as a more "affordable" alternative. But data released by CoreLogic indicates that rents for single-family homes in the US surged to the highest level since September 2006, jumping 4.3% in March compared with a year earlier, led by double-digit increases in several states.

The combination of all of the mentioned factors is aggravating the affordability crisis to the point of pushing the housing market closer to a sharp price correction. “Affordable housing” is typically defined as housing that costs 30% or less of a person’s income. But for lower-income earners, with such elevated prices, that can be incredibly hard to achieve. It's against that backdrop that Goldman Sachs has divulged its latest forecast indicating that if the Fed doesn't hike interest rates to prevent the market from overheating, the bank would expect that "a national housing shortage will fuel substantial home price appreciation for at least a couple more years".

This means that if the Fed continues to artificially boost the housing market by suppressing rates while injects trillions into the economy and financial markets, hyperinflation will definitely make rents and housing prices hit one record high after the other until the bubble becomes so unsustainable that it would pop on its own. In simple terms, Goldman is predicting that home prices will be rising at a pace far faster than the epic 2006-2007 housing bubble - and that the effects of this surge in prices will make the coming hyperinflation anything but transitory. In essence, the bank's forecast suggests that the Fed is left with two choices and neither of them looks good.

Either they raise interest rates to fight inflation and trigger a housing market crash in that process so that prices finally readjust, or they keep maintaining the market artificially heated and let the price bubble expands as much as it can possibly go before imploding itself and end up on a catastrophic bust - and throughout that process not only real estate and rental markets would be facing exceedingly high prices, but the entire economy - as if it isn't already. So whether they decide to mitigate the housing bubble explosion now or later, the frantic rally is bound to culminate in a crash. The only thing is - the more the bubble grows the sharper will be its collapse."



Gregory Mannarino, PM 5/21/21: "Economic Crash Worsens, Food Supply Disruptions, Surging Prices, Epic Debt"

Gregory Mannarino, PM 5/21/21:
"Economic Crash Worsens,
Food Supply Disruptions, Surging Prices, Epic Debt"

Musical Interlude: Soothing Relaxation, "Relaxing Piano Music & Rain Sounds"

Full screen recommended.
Soothing Relaxation,
"Relaxing Piano Music & Rain Sounds"

"Life..."

"Life... is not about how fast you run or even with what 
degree of grace. It's about perseverance, 
about staying on your feet and slogging forward no matter what."
- Dean Koontz

"A Look to the Heavens"

“Here is one of the largest objects that anyone will ever see on the sky. Each of these fuzzy blobs is a galaxy, together making up the Perseus Cluster, one of the closest clusters of galaxies. The cluster is seen through a foreground of faint stars in our own Milky Way Galaxy.

 
Near the cluster center, roughly 250 million light-years away, is the cluster's dominant galaxy NGC 1275, seen above as a large galaxy on the image left. A prodigious source of x-rays and radio emission, NGC 1275 accretes matter as gas and galaxies fall into it. The Perseus Cluster of Galaxies, also cataloged as Abell 426, is part of the Pisces-Perseus supercluster spanning over 15 degrees and containing over 1,000 galaxies. At the distance of NGC 1275, this view covers about 15 million light-years.”