Wednesday, January 19, 2022

Free Download: Ayn Rand, "Atlas Shrugged"

"If you saw Atlas, the giant who holds the world on his shoulders, if you saw that he stood, blood running down his chest, his knees buckling, his arms trembling but still trying to hold the world aloft with the last of his strength, and the greater his effort the heavier the world bore down upon his shoulders - what would you tell him to do?"

"I... don't know. What could he do? What would you tell him?"

"To shrug."
- Ayn Rand, "Atlas Shrugged "

"Learn to distinguish the difference between errors of knowledge and breaches of morality. An error of knowledge is not a moral flaw, provided you are willing to correct it; only a mystic would judge human beings by the standard of an impossible, automatic omniscience. But a breach of morality is the conscious choice of an action you know to be evil, or a willful evasion of knowledge, a suspension of sight and of thought. That which you do not know, is not a moral charge against you; but that which you refuse to know, is an account of infamy growing in your soul. Make every allowance for errors of knowledge; do not forgive or accept any break of morality."
- Ayn Rand, "Atlas Shrugged"
Freely download "Atlas Shrugged", by Ayn Rand, here:

"Just Look At Us..."

"Just look at us. Everything is backwards; everything is upside down. Doctors destroy health, lawyers destroy justice, universities destroy knowledge, governments destroy freedom, the major media destroy information and religions destroy spirituality"
- Michael Ellner

"Banks are Getting Worried about the Economy - No More Mortgages"

Full screen recommended.
Dan, iAllegedly, PM 1/19/22:
"Banks are Getting Worried about the Economy - 
No More Mortgages"
"The Fed Money Printer is running overtime and about to overheat. Even banks are getting concerned about the economy and they want to sit this one out. There are banks that have made the decision that they are not going to write mortgages anymore."

The Daily "Near You?"

Overland Park, Kansas, USA. Thanks for stopping by!

"Financial Hanky-Panky"

"Financial Hanky-Panky"
by Bill Bonner

Normandy, France - "In public policy, the cycles of learning and forgetting are very long. Napoleon attacked Russia in 1812. Three years later, the empire was wrecked and he was exiled to Elba. It took 131 years for memories of the grim war to fade. Then, in 1941, Hitler tried it again. Four years later, Russian troops were in Berlin and the führer was nothing more than a scattering of ashes and charred teeth.

Price controls must be the economists’ equivalent of a winter campaign in Russia. Always disastrous; they are among the things that fool some of the people all the time and the rest of them occasionally. Which is more than enough for most public policies.

Emperor, Diocletian, provided a ‘teachable moment’ in 301AD. His ‘Edictum de pretiis’ showed all the world that controlling prices doesn’t work. Goods disappear – making them more valuable, not less. And in the US, it’s been 60 years since Richard Nixon had a short and comic go at price controls. Maybe it is time to give it another try?

We take it for granted that most economists are morons, corporations are greedy and politicians lie. Economists have their moments of clarity. Politicians sometimes tell the truth. But businesses are always greedy. 24/7. Just like consumers. And members of Congress. But it’s not every day that the Fed adds $8 trillion in new money to the economy… and the federal government spends $23 trillion it doesn’t have. That’s what has happened since the 21st century began. It’s probably not a coincidence that prices are rising now.

Dishonest Prices: Another thing we take for granted is that if there is anything the Argentines don’t know about political corruption or financial hanky-panky… it is probably not worth knowing. So, we cast our eyes down across the broad, dark Rio de la Plata; maybe we’ll learn something.

In an honest economy, consumer prices should go down, not up. Corporations lower prices as they become more efficient and competition becomes more intense. From GlobalFinancialData: "Amazingly enough, the Nineteenth century was a period of deflation, rather than inflation. From the end of the Napoleonic Wars in 1815 until the start of World War II in 1914, there was no inflation in most countries, and in many cases, prices were lower in 1914 than they had been in 1815."

Businesses only raise prices when they have to… or when they can get away with it. And in an honest economy they have neither the opportunity or the need. But now, consumer prices are rising at a 7% rate in the US. But business costs – as measured by the Producer Price Index – are rising even faster, at almost 10%. CGTN: "U.S. producer prices jumped 9.7% year-on-year in December 2021, to the highest level on record, according to figures released by the Labor Department on Thursday."

Bear in mind, these are the rates after they have been tortured by the government’s statisticians. If they calculated price increases the way they did back in the ‘80s, they would show consumer prices rising at a 15% rate… and producer prices soaring at around 20%.

This leaves businesses with little choice. They have to raise prices or lose money. It also leaves the deciders who run the government and print the money with a decision to make: stop the inflation… or lie about it. Naturally, they choose to lie. Who’s to blame for rising prices? Not the people who control the money! No… it’s corporate greed. Supply side disruptions. The COVID.

While all of these things have roles to play, they are like bit players in a bank heist. One drives the getaway car. One stands lookout. But the real work is done by the feds themselves – cracking the nation’s safe… adding trillions to the money supply… and spreading it throughout the economy via deficit spending. Then, as prices rise, they try to ‘talk them down’ with Whip Inflation Now buttons… they accuse corporations of ‘profiteering’… and in their dumbest and most harmful move, they try to control prices directly.

Lessons from Paris, North and South: Here, as with the ‘sanitary passes’, France’s president Emmanuel Macron leads the troops into Moscow. It’s a “war,” says the little corporal. Last month, he gave out the word that consumers can rest easy this winter; the government would prevent greedy energy companies from raising prices. This caused the shares of EDF, the large French electricity company to go almost into free fall… the stock has lost a third of its value over the last month.

This too is straight out of the Pampas Playbook. Our colleague, Joel Bowman, now in Buenos Aires, comments: "Jeez... these people need to send a fact-finding mission to the Paris of the South!"

Here, the populist Kirchnerista government subsidized utility prices for years as a kind of 'brioche for the masses.' Unsurprisingly, their once sound infrastructure soon fell into terrible disrepair. Nobody wanted to invest, given negative returns. Ergo, no investment... So, when rolling blackouts hit the city - around this time every year, as everyone cranks up the AC - the ‘Ks’ revert to their old playbook, blaming the 'evil companies' for price gouging, taking advantage of the poor.

Here's a photo of my bimonthly electricity bill (below), from Edenor. That's 2,431 pesos per two months. Even at official rates, that's about $24... total. Unofficially (exchanging dollars for pesos on the ‘blue’ - i.e. free - market) it's half that... or about $3/month.
(Source: Edenor. Translation: Consumo con subsidio del estado nacional - Consumption with subsidy from the national state.)

Unfortunately, as the Argentines found out after years of price controls, subsidies and neglect, in the end, you get what you pay for. ‘No hay almuerzo gratis,’ as they say. But wait. There’s a big difference between Argentina and America. Different hemispheres. Different languages. And different money. Maybe the financial laws that doomed Diocletian and the Argentines, don’t apply to us?

Stay tuned..."

"Decide..."

“We're all going to die. We don't get much say over how or when, but we do get to decide how we're gonna live. So, do it. Decide. Is this the life you want to live? Is this the person you want to love? Is this the best you can be? Can you be stronger? Kinder? More Compassionate? Decide. Breathe in. Breathe out and decide.”
- “Richard”, “Grey’s Anatomy”

"Totalitarian Paranoia Run Amok: Pandemics, Lockdowns & Martial Law"

"Totalitarian Paranoia Run Amok: 
Pandemics, Lockdowns & Martial Law"
By John W. Whitehead & Nisha Whitehead

“Totalitarian paranoia runs deep in American society, and it now inhabits the highest levels of government.” - Professor Henry Giroux

"Once upon a time, there was a government so paranoid about its hold on power that it treated everyone and everything as a threat and a reason to expand its powers. Unfortunately, the citizens of this nation believed everything they were told by their government, and they suffered for it.

When terrorists attacked the country, and the government passed massive laws aimed at paving the way for a surveillance state, the people believed it was done merely to keep them safe. The few who disagreed were labeled traitors.

When the government waged costly preemptive wars on foreign countries, insisting it was necessary to protect the nation, the citizens believed it. And when the government brought the weapons and tactics of war home to use against the populace, claiming it was just a way to recycle old equipment, the people believed that too. The few who disagreed were labeled unpatriotic.

When the government spied on its own citizens, claiming they were looking for terrorists hiding among them, the people believed it. And when the government began tracking the citizenry’s movements, monitoring their spending, snooping on their social media, and surveying them about their habits - supposedly in an effort to make their lives more efficient - the people believed that, too. The few who disagreed were labeled paranoid.

When the government allowed private companies to take over the prison industry and agreed to keep the jails full, justifying it as a cost-saving measure, the people believed them. And when the government started arresting and jailing people for minor infractions, claiming the only way to keep communities safe was to be tough on crime, the people believed that too. The few who disagreed were labeled soft on crime.

When the government hired crisis actors to take part in disaster drills, never alerting the public to which “disasters” were staged, the people genuinely believed they were under attack. And when the government insisted it needed greater powers to prevent such attacks from happening again, the people believed that too. The few who disagreed were told to shut up or leave the country.

When the government started carrying out covert military drills around the country, insisting it was necessary to train the troops for foreign combat, most of the people believed them. The few who disagreed, fearing that perhaps all was not what it seemed, were shouted down as conspiracy theorists and quacks.

When government leaders locked down the nation, claiming it was the only way to prevent an unknown virus from sickening the populace, the people believed them and complied with the mandates and quarantines. The few who resisted or voiced skepticism about the government’s edicts were denounced as selfish and dangerous and silenced on social media.

When the government expanded its war on terrorism to include domestic terrorists, the people believed that only violent extremists would be targeted. Little did they know that anyone who criticizes the government can be considered an extremist.

By the time the government began using nationalized police and the military to routinely lockdown the nation, the citizenry had become so acclimated to such states of emergency that they barely even noticed the prison walls that had grown up around them.

Now every fable has a moral, and the moral of this story is: if it looks like trouble and it smells like trouble, you can bet there’s trouble afoot. Unfortunately, the government has fully succeeded in recalibrating our general distaste for anything that smacks too overtly of tyranny.

After all, like the proverbial boiling frogs, the government has been gradually acclimating us to the specter of a police state for years now: Militarized police. Riot squads. Camouflage gear. Black uniforms. Armored vehicles. Mass arrests. Pepper spray. Tear gas. Batons. Strip searches. Surveillance cameras. Kevlar vests. Drones. Lethal weapons. Less-than-lethal weapons unleashed with deadly force. Rubber bullets. Water cannons. Stun grenades. Arrests of journalists. Crowd control tactics. Intimidation tactics. Brutality.

This is how you prepare a populace to accept a police state willingly, even gratefully.

You don’t scare them by making dramatic changes. Rather, you acclimate them slowly to their prison walls. Persuade the citizenry that their prison walls are merely intended to keep them safe and danger out. Desensitize them to violence, acclimate them to a military presence in their communities, and persuade them that only a militarized government can alter the seemingly hopeless trajectory of the nation.

It’s happening already. This is psychological warfare at its most sophisticated. Almost every national security threat that the government has claimed greater powers in order to fight - all the while undermining the liberties of the American citizenry - has been manufactured in one way or another by the government.

What we’ve seen play out before us is more than mere totalitarian paranoia run amok. What has unfolded over the past few years has been a test to see how well “we the people” have assimilated the government’s lessons in compliance, fear and police state tactics; a test to see how quickly “we the people” will march in lockstep with the government’s dictates, no questions asked; and a test to see how little resistance “we the people” will offer up to the government’s power grabs when made in the name of national security.

Most critically of all, this has been a test to see whether the Constitution - and our commitment to the principles enshrined in the Bill of Rights - could survive a national crisis and true state of emergency.

We have failed the test abysmally. We have also made it way too easy for a government that has been working hard to destabilize to lockdown the nation. Suddenly, the events of recent years begin to make sense: the invasive surveillance, the extremism reports, the civil unrest, the protests, the shootings, the bombings, the military exercises and active shooter drills, the color-coded alerts and threat assessments, the fusion centers, the transformation of local police into extensions of the military, the distribution of military equipment and weapons to local police forces, the government databases containing the names of dissidents and potential troublemakers.

The government is systematically locking down the nation and shifting us into martial law. This is how you prepare a populace to accept a police state willingly, even gratefully. It’s time to wake up and stop being deceived by government propaganda."
Related:
"The Grim Fate That Could Be ‘Worse Than Extinction’"
"What would it take for a global totalitarian government to rise to power
 indefinitely? This nightmare scenario may be closer than first appears."

"The Monstrous Thing..."

"The monstrous thing is not that men have created roses out of this dung heap, but that, for some reason or other, they should want roses. For some reason or other man looks for the miracle, and to accomplish it he will wade through blood. He will debauch himself with ideas, he will reduce himself to a shadow if for only one second of his life he can close his eyes to the hideousness of reality. Everything is endured - disgrace, humiliation, poverty, war, crime, ennui - in the belief that overnight something will occur, a miracle, which will render life tolerable. And all the while a meter is running inside and there is no hand that can reach in there and shut it off."
- Henry Miller, “Tropic of Cancer”

"The Last Days of the Covidian Cult"


"The Last Days of the Covidian Cult"
by CJ Hopkins

"This isn’t going to be pretty, folks. The downfall of a death cult rarely is. There is going to be wailing and gnashing of teeth, incoherent fanatical jabbering, mass deleting of embarrassing tweets. There’s going to be a veritable tsunami of desperate rationalizing, strenuous denying, shameless blame-shifting, and other forms of ass-covering, as suddenly former Covidian Cult members make a last-minute break for the jungle before the fully-vaxxed-and-boosted “Safe and Effective Kool-Aid” servers get to them.

Yes, that’s right, as I’m sure you’ve noticed, the official Covid narrative is finally falling apart, or is being hastily disassembled, or historically revised, right before our eyes. The “experts” and “authorities” are finally acknowledging that the “Covid deaths” and “hospitalization” statistics are artificially inflated and totally unreliable (which they have been from the very beginning), and they are admitting that their miracle “vaccines” don’t work (unless you change the definition of the word “vaccine”), and that they have killed a few people, or maybe more than a few people, and that lockdowns were probably “a serious mistake.”

I am not going to bother with further citations. You can surf the Internet as well as I can. The point is, the “Apocalyptic Pandemic” PSYOP has reached its expiration date. After almost two years of mass hysteria over a virus that causes mild-to-moderate common-cold or flu-like symptoms (or absolutely no symptoms whatsoever) in about 95% of the infected and the overall infection fatality rate of which is approximately 0.1% to 0.5%, people’s nerves are shot.

We are all exhausted. Even the Covidian cultists are exhausted. And they are starting to abandon the cult en masse. It was always mostly just a matter of time. As Klaus Schwab said:
It isn’t over, but that window is closing, and our world has not been “reimagined” and “reset,” not irrevocably, not just yet. Clearly, GloboCap underestimated the potential resistance to the Great Reset, and the time it would take to crush that resistance.

And now the clock is running down, and the resistance isn’t crushed … on the contrary, it is growing. And there is nothing GloboCap can do to stop it, other than go openly totalitarian, which it can’t, as that would be suicidal. As I noted in a recent column: "New Normal totalitarianism - and any global-capitalist form of totalitarianism - cannot display itself as totalitarianism, or even authoritarianism. It cannot acknowledge its political nature. In order to exist, it must not exist. Above all, it must erase its violence (the violence that all politics ultimately comes down to) and appear to us as an essentially beneficent response to a legitimate ‘global health crisis’ …”

The simulated “global health crisis” is, for all intents and purposes, over. Which means that GloboCap has screwed the pooch. The thing is, if you intend to keep the masses whipped up into a mindless frenzy of anus-puckering paranoia over an “apocalyptic global pandemic,” at some point, you have to produce an actual apocalyptic global pandemic. Faked statistics and propaganda will carry you for a while, but eventually people are going to need to experience something at least resembling an actual devastating worldwide plague, in reality, not just on their phones and TVs.

Also, GloboCap seriously overplayed their hand with the miracle “vaccines.” Covidian cultists really believed that the “vaccines” would protect them from infection. Epidemiology experts like Rachel Maddow assured them that they would: "Now we know that the vaccines work well enough that the virus stops with every vaccinated person,” Maddow said on her show the evening of March 29, 2021. “A vaccinated person gets exposed to the virus, the virus does not infect them, the virus cannot then use that person to go anywhere else,” she added with a shrug. “It cannot use a vaccinated person as a host to go get more people.”

And now they are all sick with…well, a cold, basically, or are “asymptomatically infected,” or whatever. And they are looking at a future in which they will have to submit to “vaccinations” and “boosters” every three or four months to keep their “compliance certificates” current, in order to be allowed to hold a job, attend a school, or eat at a restaurant, which, OK, hardcore cultists are fine with, but there are millions of people who have been complying, not because they are delusional fanatics who would wrap their children’s heads in cellophane if Anthony Fauci ordered them to, but purely out of “solidarity,” or convenience, or herd instinct, or…you know, cowardice.

Many of these people (i.e., the non-fanatics) are starting to suspect that maybe what we “tin-foil-hat-wearing, Covid-denying, anti-vax, conspiracy-theorist extremists” have been telling them for the past 22 months might not be as crazy as they originally thought. They are back-pedaling, rationalizing, revising history, and just making up all kinds of self-serving bullshit, like how we are now in “a post-vaccine world,” or how “the Science has changed,” or how “Omicron is different,” in order to avoid being forced to admit that they’re the victims of a GloboCap PSYOP and the worldwide mass hysteria it has generated.

Which…fine, let them tell themselves whatever they need to for the sake of their vanity, or their reputations as investigative journalists, celebrity leftists, or Twitter revolutionaries.

If you think these “recovering” Covidian Cult members are ever going to publicly acknowledge all the damage they have done to society, and to people and their families, since March 2020, much less apologize for all the abuse they heaped onto those of us who have been reporting the facts … well, they’re not. They are going to spin, equivocate, rationalize, and lie through their teeth, whatever it takes to convince themselves and their audience that, when the shit hit the fan, they didn’t click heels and go full “Good German.”

Give these people hell if you need to. I feel just as angry and betrayed as you do. But let’s not lose sight of the ultimate stakes here. Yes, the official narrative is finally crumbling, and the Covidian Cult is starting to implode, but that does not mean that this fight is over.

GloboCap and their puppets in government are not going to cancel the whole “New Normal” program, pretend the last two years never happened, and gracefully retreat to their lavish bunkers in New Zealand and their mega-yachts.

Totalitarian movements and death cults do not typically go down gracefully. They usually go down in a gratuitous orgy of wanton, nihilistic violence as the cult or movement desperately attempts to maintain its hold over its wavering members and defend itself from encroaching reality. And that is where we are at the moment…or where we are going to be very shortly.

Cities, states, and countries around the world are pushing ahead with implementing the New Normal biosecurity society, despite the fact that there is no longer any plausible justification for it. Austria is going ahead with forced “vaccination.Germany is preparing to do the same. France is rolling out a national segregation system to punish “the Unvaccinated.Greece is fining “unvaccinated” pensioners. Australia is operating “quarantine camps.” Scotland. Italy. Spain. The Netherlands. New York City. San Francisco. Toronto. The list goes on, and on, and on.

I don’t know what is going to happen. I’m not an oracle. I’m just a satirist. But we are getting dangerously close to the point where GloboCap will need to go full-blown fascist if they want to finish what they started. If that happens, things are going to get very ugly. I know, things are already ugly, but I’m talking a whole different kind of ugly. Think Jonestown, or Hitler’s final days in the bunker, or the last few months of the Manson Family.

That is what happens to totalitarian movements and death cults once the spell is broken and their official narratives fall apart. When they go down, they try to take the whole world with them. I don’t know about you, but I’m hoping we can avoid that. From what I have heard and read, it isn’t much fun."
"SARS-COV-2 Vaccines and 
Neurodegenerative Disease" (Excerpt)
By Stephanie Seneff and GreenMedInfo

"Since December 2020, when several novel unprecedented vaccines against SARS-CoV-2 began to be approved for emergency use, there has been a worldwide effort to get these vaccines into the arms of as many people as possible as fast as possible. These vaccines have been developed “at warp speed,” given the urgency of the situation with the COVID-19 pandemic. Most governments have embraced the notion that these vaccines are the only path towards resolution of this pandemic, which is crippling the economies of many countries."
This is a lengthy, highly technical and informative article that
 I highly recommend. Please view the complete article here:
Free Download: "The Vaccine Death Report"
by David John Sorenson and Dr. Vladimir Zelenko, MD

"Purpose: The purpose of this report is to document how all over the world millions of people have died, and hundreds of millions of serious adverse events have occurred, after injections with the experimental mRNA gene therapy. We also reveal the real risk of an unprecedented genocide.

Facts: We aim to only present scientific facts and stay away from unfounded claims. The data is clear and verifiable. Over one hundred references can be found for all presented information, which is provided as a starting point for further investigation.

Complicity: The data suggests that we may currently be witnessing the greatest organized mass murder in the history of our world. The severity of this situation compels us to ask this critical question: will we rise to the defense of billions of innocent people? Or will we permit personal profit over justice, and be complicit? Networks of lawyers all over the world are preparing class-action lawsuits to prosecute all who are serving this criminal agenda. To all who have been complicit so far, we say: There is still time to turn and choose the side of truth. Please make the right choice."
Freely download "The Vaccine Death Report" here:
"Dr. Sucharit Bhakdi: Organs Of Dead Vaccinated
 Proves Auto Immune Attack" 

"Deaths in New Zealand"

Peak Prosperity, "Deaths in New Zealand"

"New Zealand is a fascinating real-world experiment on vaccine safety. After locking themselves out from the rest of the world and thereby strictly eliminating Covid as a variable, they went about with a mass vaccination campaign. What did we learn?

Well, not very unexpectedly they had a surge in all-cause mortality in the 60+ cohort that almost perfectly correlates with vaccine delivery intensity. More jabs = more deaths and fewer jabs = fewer deaths. It deserves to be looked into more carefully, but responses from New Zealand’s health authorities indicates that maybe they don’t have any such interest. No surprise there.

Further, we’re being “trickle truthed” as the world comes to the realization that not only don’t two jabs work very well against omicron, but neither do three jabs and now four jabs.

While the U.S. mainstream media still hews to a stale campaign of trying to whip up more concern and fear over omicron, even the CDC has had to admit that omicron is a lot less deadly and far milder than delta.

The narrative is now fully shredded, but the agenda marches on. But for how much longer? People are waking up and the first large demonstration in the U.S. is planned for Jan 23 from the Washington Monument to the Lincoln memorial. Begins at 11:30 a.m. EST."

Gregory Mannarino, "The Fed. Is NOT Behind The Curve- The Fed. IS The Curve; Inflation Continues To Skyrocket"

Gregory Mannarino, AM 1/19/22:
"The Fed. Is NOT Behind The Curve- The Fed. IS The Curve; 
Inflation Continues To Skyrocket"

"How It Really Is"

 

"America is Very Unstable – Dr. Paul Craig Roberts"

"America is Very Unstable – Dr. Paul Craig Roberts"
by Greg Hunter’s USAWatchdog.com

"International award-winning journalist and former Assistant Treasury Secretary Dr. Paul Craig Roberts (PCR) says data shows between CV19 policies and the policies surrounding Russia that “America is very unstable.” Let’s start with the NATO talks with Russia over Ukraine that broke down in a diplomatic disaster last week. There is the real possibility of nuclear war with Russia. Dr. PCR explains, “The West is continually antagonizing Russia (PCR is referring primarily to Ukraine, Georgia and Kazakhstan). This will eventually lead to some kind of conflict. If it is a conventional war, the West does not have a chance—no chance whatsoever. So, what would Washington do when it’s faced with a massive defeat? It would save face by resorting to nukes. That’s the way Washington is. So, it’s very dangerous. 

It’s extremely dangerous to make the Russians feel threatened, and when they tell you (Washington D.C) that, you ignore it. You don’t hear, and you make them feel more threatened. This is just madness, and it opens up the prospects of military confrontation. I guarantee you that the Russians are not going to allow NATO to take in Ukraine and Georgia. They simply will not, and it cannot be done. We are not prepared for military confrontation with Russia and much less with Russia and China.” Last week, the Russian government publicly said it thought the Biden Administration was having a “nervous breakdown,” which was intended as a huge insult.

The other huge problem is the CV19 policies with shutdowns and coerced experimental injections. Dr. PCR says, “The whole Covid thing is a hoax. It’s all been for nothing, and it’s unnecessary, but they are sticking with it. They are sticking with it despite the fact that it is now conclusively proven that what the vaccine does is turn your own immune system into a weapon against your own body. The vaccine causes your immune system to attack your own vital organs. That’s why you have these vaccine injuries and deaths, and it does not protect you from Covid. Yet, they still want to continue it. It’s another form of insanity.”

The biggest driver of a troubled economy and spiking inflation is none other than the Covid policies. Dr. PCR points out, “The inflation is really reflecting the lockdowns and cessation of supply. All of a sudden you have got shortages everywhere. How do people get things? You bid for it. You have to outbid. You can see the whole Covid policy is shrinking the ability of the economy to produce. That’s the problem.”

Dr. PCR sees a “collapse of society” because the data is showing many will get sick or die because of the dangerous injections.

Dr. PCR also says countries are turning away from the U.S. dollar and buying gold. That is very dollar negative, and it is not going to tame inflation - just the opposite.

What does Dr. PCR see in the political future for the Democrats and the Biden Administration? Dr. PCR says, “The Democrats have blown it, but if they can get away with blaming the unvaccinated for all the problems they may be shielded. Democrats may also be shielded if they can force Russia to take some sort of decisive action. Then everybody has to rally around the President. It’s very, very unstable, and there are reasons to leave the dollar if inflation is high.”

Join Greg Hunter on Rumble as he goes One-on-One with award-winning journalist Dr. Paul Craig Roberts. (There is much more in the 46 min. interview.)

Tuesday, January 18, 2022

Gerald Celente, "Happy Days Are Here Again?"

Full screen recommended.
Strong language alert!
Gerald Celente, "Trends Journal"
"Happy Days Are Here Again?"
"The Trends Journal is a weekly magazine analyzing global current events forming future trends. Our mission is to present Facts and Truth over fear and propaganda to help subscribers prepare for What’s Next in these increasingly turbulent times."

"California Wants To Double My Taxes; Los Angeles the Wild West - Beware; Mortgage Crisis Next"

Jeremiah Babe, PM 1/18/22:
"California Wants To Double My Taxes; 
Los Angeles the Wild West - Beware; Mortgage Crisis Next"

"Bad News, I’m Afraid"

"Bad News, I’m Afraid"
by Jim Rickards

"The breakdown of global supply chains is well-known by now. Whether it’s finding groceries in your supermarket, buying a new car or buying appliances like dishwashers and refrigerators, goods are scarce. Also, deliveries take forever and choices are limited.

Many people wonder why the problem isn’t going away. Here’s the answer: The supply chain is a complex dynamic system. When any complex system collapses, you can look for specific causes but that’s usually a waste of time. Systems collapse internally because they are too large and too interconnected and require too many energy inputs to keep going. Any specific cause is more likely to be a symptom than a true cause. It’s frustrating, but that’s the answer.

Most Americans’ first encounter with the supply chain meltdown was in the spring of 2020 during the first wave of the coronavirus pandemic. Shoppers noticed that items like hand sanitizer and paper goods at Costco and other big-box stores were cleaned out. It seemed that Americans who were locked down and quarantined at the time were hoarding these products because they had no idea when they would be allowed to venture out again. The shortages were real, but were limited to specific products. The other aisles at Costco were stocked and so were all the other stores around (at least those that were allowed to remain open).

Now It’s Everything: But it’s not just Costco this time. It’s every supermarket, convenience store and other retail outlet from coast to coast. And it’s not just cleaning products and paper goods. Your local supermarket might have bare shelves for eggs, peanut butter, milk and other staples. It’s not a case of being stocked out of all goods all the time. Your store is like a box of Cracker Jack – you never know what’s inside. Many items are available, but many are not. It’s a case of stockouts of certain goods from time to time. But you can be sure that something will be missing and some of the shelves will be bare.

Still, there’s a narrative around that the crisis is temporary, that steps are being taken to alleviate shortages and backlogs and things will soon be back to normal. The narrative blames the shortages on the pandemic and the number of workers home with COVID. It says that things will clear up when the virus is under control. That’s the narrative, but it’s not the reality. The evidence is that the supply chain crisis is just getting started. It’ll be with us for years and have huge negative economic effects.

All Connected and All Collapsing at Once: No one doubts that the pandemic, especially the Omicron variant, has had a major impact and has caused millions to fall ill and miss work. It’s also likely that the missing employees due to illness are part of the reason shelves are not fully stocked. But they are not a prime cause of the supply chain chaos.

Even if stores were fully staffed, there would still be shortages and delays due to everything from a shortage of truck drivers, late container cargo shipments from Asia, manufacturing delays due to lack of inputs, energy shortages and many other impediments. That’s the point.

The supply chain is collapsing at every stage due to bottlenecks at every other stage. Commodity inputs are scarce, partly due to energy shortages at mines. Manufacturing is behind due to lack of commodity inputs. Deliveries are behind due to manufacturing delays. And finally, shelves are bare due to nondelivery of orders and a worker shortage. It’s all connected and it’s all collapsing at once. So don’t believe the happy talk about a “temporary” supply chain crisis. I’ll say it again: The crisis will last for years with predictable negative effects on economic growth.

The “Factory to the World” Is Closing Down: One major concern is China. China is currently pursuing a COVID Zero policy. This means that China has zero tolerance for even a single case of COVID. If COVID appears, China will isolate the individual, do a massive track-and-trace operation and then forcibly remove entire neighborhoods to quarantine camps outside the city limits for mandatory lockdowns of 14 days or more.

If more than a few cases are detected, China will follow the same procedure but on a much larger scale. They will relocate hundreds of thousands of people if needed and shut down entire cities. This has already happened in Xi’an, a city of 1.5 million people and a major manufacturing center. A new lockdown just arose in Henan province, which is the center of Chinese electronics production. China has also locked down the port of Ningbo, which is the second largest port in China after Shanghai, and one of the largest in the world.

China has also required that crews on arriving vessels must be confined to the vessel and are not allowed onshore for normal rest and recreation. Since these crews often spend six months or more at sea, vessel operators are starting to schedule trips that avoid China. That means that even when goods are produced, they cannot necessarily be shipped because of a shortage of vessels and crews. The situation is getting worse, not better, and will deteriorate even more as we move toward the Beijing Olympics and the Lunar New Year holidays in China.

In effect, the “factory to the world” has decided to shut down the factory, or at least large parts of it for months to come. This will continue to impact the U.S., which Americans are not accustomed to or prepared for.

Forced Labor: Americans associate bare shelves with Third World countries or perhaps East Germany during the Cold War. That last time Americans have had to deal with shortages on this scale were the gas crises of the 1970s and rationing during World War II.

Importantly, the phenomenon is not limited to the United States – it’s a global event. And it’s leading to extreme government measures. Take a look at Australia. As in the U.S., Australia has large numbers of unemployed workers. They receive benefit payments similar to welfare and unemployment from an agency called Centrelink. Well, the government has now declared that unemployed benefit recipients must work several hours per week to restock supermarket shelves in order to keep their Centrelink benefits. So, social benefits are being used to draft forced labor to deal with a supply chain problem.

Australia has become a kind of prison camp based on government dictates concerning the virus. It’s a good example of how COVID has empowered governments to dictate every aspect of citizens’ lives. This won’t be the last government mandate in Australia or here. And there’s a powerful lesson to be learned here: Once governments get a taste of neo-fascism, they always want more. That’s true even in a liberal democracy like Australia. We’re seeing similar phenomena play out in western European democracies as well.

A Race Against Time: The other thing we can be sure of is that these mandates will slow the economy and destroy wealth. The bad news for investors, again, is that this situation will persist for years. It’s not easy to correct and definitely not something that can be corrected quickly. In markets, this will play out as higher costs, lower earnings and ultimately lower stock prices. With markets still close to all-time highs, this could be a good time to lighten up on stocks before the supply chain reality catches up with the stock market bubble. When it does, it won’t be pretty."
Related:
"Bill Simon: Supply Chain Crisis
 Is A ‘Shocking And Unmitigated’ Disaster"

"Experts Are Warning That Empty Shelves & Food Shortages Are Going To Continue For Many Weeks To Come"

Full screen recommended.
"Experts Are Warning That Empty Shelves & 
Food Shortages Are Going To Continue For Many Weeks To Come"
by Epic Economist

"The talking heads on the mainstream media have been throwing around the term “return to normal” quite a lot these days, but industry experts are telling us that our current problems are likely to persist for a long time. When we really stop to think about it, is it truly possible for things to ever return to the way that they were before the health crisis came along?

From an economic standpoint, an unprecedented amount of damage has been done over the past two years, and the consequences of that are going to stay with us for at least a few more years in the best-case scenario. We actually have an endless list of major problems plaguing our supply chains and making thousands of critical operations a whole lot worse. Our system is in a state of utter chaos, and this is causing some very painful shortages.

For a long time, the media has been insisting that shortages and supply chain problems would soon be gone, but now they’re being forced to admit the truth. Even NPR has recently published a major story about the widespread shortages sweeping across this country. The article says that “grocery store shelves are bare again, conjuring bad memories of spring 2020 for many”. What’s even more concerning is the impact of the new surge of infections on our food supply chain. The highly contagious new variant is undoubtedly one of the biggest stressors on the food industry today.

Across the West Coast, growers of perishable produce are paying almost triple pre-outbreak trucking rates to ship things like lettuce and fruit before they spoil, said Shay Myers, CEO of Owyhee Produce, which grows a wide range of produce, including onions, watermelons, and asparagus along the border of Idaho and Oregon. He revealed that he has been holding off shipping some items to retail distributors until trucking prices go down. On top of that, recent snow and ice storms that snarled traffic for hours also delayed food deliveries destined for grocery stores and distribution hubs. Unfortunately, the problems interrupting the industry’s operations are not going to be cleared up any time soon. One supermarket CEO is warning that supply chain disruptions will continue to be a major headache for his company for at least the next month.

That’s to say when consumers are lucky enough to find the items they need, the prices are simply absurd. Last month, the Bureau of Labor Statistics reported that consumer prices already jumped by 7 percent, the biggest increase since 1982 - with the price of cereal up 6 percent, bacon up 19 percent, steak up 21 percent, and eggs up 11 percent.

This means that if our supply chain problems persist for many months to come, prices will go even higher. Analysts at Deutsche Bank are now projecting bottlenecks to last until the end of the second quarter. “For 2022, we expect supply pressures to likely linger for longer, until the second half of next year before gradually unwinding,” they wrote in a note last Tuesday. But they also seem to be assuming that conditions will “return to normal” eventually.

It would be great if that did happen, but as Wolf Richter highlighted, the industry has desperately been trying to “return to normal” for quite a long time: “Grocery stores have been trying to stock up for 22 months now, to fill the holes and catch up with this historic surge in demand, but every time they make a little headway, new constraints and problems emerge, and they still don’t have enough inventory on hand to get over the hump, and they temporarily and sporadically run out of some items,” he wrote.

What no one is really willing to admit is that our supply chains will never fully return to the way they were in 2019. Many things have changed and this crisis may take decades to be solved. In fact, decades of incredibly foolish decisions have led us to this point, and the utter incompetence of our leaders in Washington is a major indicator that things won’t turn around any time soon. The coming months are not going to be pretty, and we should start to prepare accordingly because no one is coming to save us from this mess."

"Hold Up Your Head!"

“Each must for himself alone decide what is right and what is wrong, and which course is patriotic and which isn’t. You cannot shirk this and be a man. To decide against your convictions is to be an unqualified and inexcusable traitor, both to yourself and to your country, let men label you as they may. If you alone of all the nation shall decide one way, and that way be the right way according to your convictions of the right, you have done your duty by yourself and by your country – hold up your head! You have nothing to be ashamed of.”
- Mark Twain

"Economic Market Snapshot 1/18/22"

"Economic Market Snapshot 1/18/22"
Updated as available.
"The more I see of the moneyed classes,
the more I understand the guillotine."
- George Bernard Shaw
MarketWatch Market Summary, Live Updates
CNN Market Data:

CNN Fear And Greed Index:
Latest Market Analysis, Updated 1/6/22
A comprehensive, essential daily read.
Jan 14th to 19th 2022
Financial Stress Index
"The OFR Financial Stress Index (OFR FSI) is a daily market-based snapshot of stress in global financial markets. It is constructed from 33 financial market variables, such as yield spreads, valuation measures, and interest rates. The OFR FSI is positive when stress levels are above average, and negative when stress levels are below average. The OFR FSI incorporates five categories of indicators: credit, equity valuation, funding, safe assets and volatility. The FSI shows stress contributions by three regions: United States, other advanced economies, and emerging markets."
Daily Job Cuts

Commentary, highly recommended:
And now, the End Game...

Musical Interlude: Liquid Mind, "Unity"

 

Liquid Mind, "Unity"

"A Look to the Heavens"

“What will become of these galaxies? Spiral galaxies NGC 5426 and NGC 5427 are passing dangerously close to each other, but each is likely to survive this collision. Typically when galaxies collide, a large galaxy eats a much smaller galaxy. In this case, however, the two galaxies are quite similar, each being a sprawling spiral with expansive arms and a compact core. As the galaxies advance over the next tens of millions of years, their component stars are unlikely to collide, although new stars will form in the bunching of gas caused by gravitational tides.
Close inspection of the above image taken by the 8-meter Gemini-South Telescope in Chile shows a bridge of material momentarily connecting the two giants. Known collectively as Arp 271, the interacting pair spans about 130,000 light years and lies about 90 million light-years away toward the constellation of Virgo. Recent predictions hold that our Milky Way Galaxy will undergo a similar collision with the neighboring Andromeda Galaxy in a few billion years.”

Chet Raymo, “Angling For Happiness”

“Angling For Happiness”
by Chet Raymo

“There is a concept in physics called angle of repose. Set an object, a book say, on a plank. Now slowly tip up one end of the plank until the moment when the book just starts to slide. The angle between the plank and the horizontal is the angle of repose, where the component of the gravitational force down the plank becomes greater than the maximum friction force holding the book at rest. Or, in more evocative terms - as I write I am lying on the couch with the laptop in my lap, in perfect repose. If you started tipping up the couch, at some point I'd go sliding into a heap at the bottom. That's the angle of repose, or perhaps it would be more accurate to call it the angle of the end of repose.

This comes to mind because I just spent fifteen minutes on my knees in the yard watching ants excavate a nest in the ground. One by one they scurry out of the hole carrying a tiny grain of sand, which they dump in a ring around the hole. A circular pile. Now if the ants just dumped their burdens at the mouth of the hole, pretty soon the pile would get so steep that the sand grains would slide back into the hole. Instead, the circular ring gets higher and wider, with a slope that never exceeds the angle at which the grains will slip - the angle of repose. Now here's the thing: the ants almost invariably carry their grain to just beyond the top of the pile. If the grain slips, it will slide away from the hole. These tiny ants, hardly bigger than sand grains themselves, understand a little physics in their mysterious instinctive way.

Wallace Stegner has a novel titled "Angle of Repose." It is indeed an evocative phrase. In a job, in a relationship, in life itself, many of us instinctively seek that maximum degree of individual gratification that will satisfy emotional needs without doing violence to our essential repose, and that of those around us - the art of walking close to the edge, the thrill without the spill. Every day in the news we hear of folks - politicians or celebrities - who tipped the plank too far, whose lives went sliding into self-destruction, who failed to grasp, metaphorically speaking, something that a tiny ant instinctively understands.”

Gregory Mannarino, "Oh No! The Stock Market Falls, So What Should You Do Now?"

Gregory Mannarino, PM 1/18/22:
"Oh No! The Stock Market Falls, 
So What Should You Do Now?"

"At Last..."

“At last, the answer why. The lesson that had been so hard to find, so difficult to learn, came quick and clear and simple. The reason for problems is to overcome them. Why, that’s the very nature of man, I thought, to press past limits, to prove his freedom. It isn’t the challenge that faces us, that determines who we are and what we are becoming, but the way we meet the challenge, whether we toss a match at the wreck or work our way through it, step by step, to freedom.”
- Richard Bach, “Nothing by Chance”