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Wednesday, January 14, 2026

Free Download: "Extraordinary Popular Delusions and the Madness of Crowds"

"Extraordinary Popular Delusions
 and the Madness of Crowds"

"One of the saddest lessons of history is this: If we've been bamboozled long enough, we tend to reject any evidence of the bamboozle. We're no longer interested in finding out the truth. The bamboozle has captured us. It's simply too painful to acknowledge, even to ourselves, that we've been taken. Once you give a charlatan power over you, you almost never get it back." - Carl Sagan

"Extraordinary Popular Delusions and the Madness of Crowds" is an early study of crowd psychology by Scottish journalist Charles Mackay, first published in 1841. The book chronicles its subjects in three parts: "National Delusions", "Peculiar Follies", and "Philosophical Delusions". MacKay was an accomplished teller of stories, though he wrote in a journalistic and somewhat sensational style.

The subjects of Mackay's debunking include alchemy, crusades, duels, economic bubbles, fortune-telling, haunted houses, the Drummer of Tedworth, the influence of politics and religion on the shapes of beards and hair, magnetizers (influence of imagination in curing disease), murder through poisoning, prophecies, popular admiration of great thieves, popular follies of great cities, and relics. Present-day writers on economics, such as Michael Lewis and Andrew Tobias, laud the three chapters on economic bubbles. Scientist and astronomer Carl Sagan mentioned the book in his own discussion about pseudoscience, popular delusions, and hoaxes.

In later editions, Mackay added a footnote referencing the Railway Mania of the 1840s as another "popular delusion" which was at least as important as the South Sea Bubble. Mathematician Andrew Odlyzko has pointed out, in a published lecture, that Mackay himself played a role in this economic bubble; as leader writer in the Glasgow Argus, Mackay wrote on 2 October 1845: "There is no reason whatever to fear a crash."

Freely download "Extraordinary Popular Delusions
 and the Madness of Crowds" by Charles Mackay, here:

"Noli Timere: The Important Thing Is to Not Be Afraid”

"Noli Timere:
The Important Thing Is to Not Be Afraid”
by Ryan Holiday

"While Seamus Heaney, the world-famous Irish poet and Nobel Prize Winner, was being rushed to the operating room he sent a single text message to his wife with just two words: "Noli Timere." This Latin phrase when translated to English means Be not afraid. Heaney passed away not long after.

“There was no virtue more important to the Stoics than courage, particularly in times of stress or crisis. In scary times, it’s easy to be scared. Events can escalate at any moment. There is uncertainty. You could lose your job. Then your house and your car. Something could even happen with your kids. Of course we’re going to feel something when things are shaky like that. How could we not?

Even the Stoics, who were supposedly masters of their emotions, admitted that we are going to have natural reactions to the things that are out of our control. You’re going to feel cold if someone dumps a bucket of water on you. Your heart is going to race if something jumps out from behind a corner. These are things the Stoics openly discussed.

They had a word for these immediate, pre-cognitive impressions of things: phantasiai. No amount of training or wisdom, Seneca said, can prevent us from having these reactions. What mattered to them, and what is urgently needed today in a world of unlimited breaking news about pandemics or collapsing stock markets or military conflicts, was what you did after that reaction. What mattered is what came next.

There is a wonderful quote from Faulkner about this very idea. “Be scared,” he wrote. “You can’t help that. But don’t be afraid.” A scare is a temporary rush of a feeling. Being afraid is an ongoing process. Fear is a state of being. The alertness that comes from being startled might even help you. It wakes you up. It puts your body in motion. It’s what saves prey from the tiger or the tiger from the hunter. But fear and worry and anxiety? Being afraid? That’s not fight or flight. That’s paralysis. That only makes things worse.

Especially right now. Especially in a world that requires solutions to the many problems we face. They’re certainly not going to solve themselves. And inaction (or the wrong action) may make them worse, it might put you in even more danger. An inability to learn, adapt, to embrace change will too.

There is a Hebrew prayer which dates back to the early 1800s: כל העולם כולו גשר צר מאוד והעיקר לא לפחד כלל. “The world is a narrow bridge, and the important thing is not to be afraid.” The wisdom of that expression has sustained the Jewish people through incredible adversity and terrible tragedies. It was even turned into a popular song that was broadcast to troops and citizens alike during the Yom Kippur War. It’s a reminder: Yes, things are dicey, and it’s easy to be scared if you look down instead of forward. Fear will not help.

What does help? TrainingCourage. Discipline. Commitment. Calm. But mainly, that courage thing – which the Stoics held up as the most essential virtue. One of my favorite explanations of this idea comes from the Canadian astronaut Chris Hadfield. “It’s not like astronauts are braver than other people,” he says. “We’re just, you know, meticulously prepared…” Think about someone like John Glenn, the first American to orbit the earth, whose heart rate never went above a 100 beats per minute the entire mission. That’s what preparation does for you.

Astronauts face all sorts of difficult, high stakes situations in space – where the margin for error is tiny. In fact, on Chris’ first spacewalk his left eye went blind. Then his other eye teared up and went blind too. In complete darkness, he had to find his way back if he wanted to survive. He would later say that the key in such situations is to remind oneself that “there are six things that I could do right now, all of which will help make things better. And it’s worth remembering, too, there’s no problem so bad that you can’t make it worse also.” That’s the difference between scared and afraid. One prevents you from making things better, it may make them worse.

After the stock market crash in October 1929, America faced a horrendous economic crisis that lasted ten years. Banks failed. Investors were wiped out. Unemployment was some 20 percent. Herbert Hoover, who’d only been in office barely six months when the market collapsed, tried and failed repeatedly for the next 3.5 years to stem the tide. FDR, who succeeded him, would have never denied that things were dangerous and that this was scary. Of course it was. He was scared. How could he not be? Yet what he counseled the people in his now-legendary first inaugural address in 1933 was that fear was a choice, it was the real enemy to be fought. Because it would only make the situation worse. It would destroy the remaining banks. It would turn people against each other. It would prevent the implementation of cooperative solutions.

And today, whether the biggest problem you face is a coronavirus pandemic or the similarly dire economic implications – or maybe it’s both those things plus a faltering marriage or a cancer diagnosis or a lawsuit – you have to know what the real plague to avoid is.

This life we’re living – this world we inhabit – is a scary place. If you peer over the side of a narrow bridge, you can lose the heart to continue. You freeze up. You sit down. You don’t make good decisions. You don’t see or think clearly.

The important thing is that we are not afraid. That we don’t overthink things. That we don’t get distracted with the worst-case scenario on top of the worst-case scenario on top of the collision of two other worst-case scenarios. Because that doesn’t help us with what’s right in front of us right now. It doesn’t help us put one foot in front of the other, whether it’s on a spacewalk or a tough business call. It doesn’t help us slow our heart rate down whether we’re re-entering the earth’s atmosphere or watching a plummeting stock portfolio. It doesn’t help us remember that we’ve trained for this, that there is a playbook for how to proceed.

Remember, Marcus Aurelius himself faced a deadly, dangerous pandemic. His people were panicked. His doctors were baffled. His staff and his advisors were conflicted. His economy plunged. The plague spanned fifteen years of his reign with a mortality rate of between 2-3%. Marcus would have been scared – how could he not have been? But he didn’t let that rattle him. He didn’t freeze. He didn’t relinquish his ability to lead. He got to work.

“Don’t let your imagination be crushed by life as a whole,” he wrote to himself, as it was happening. “Don’t try to picture everything bad that could possibly happen. Stick with the situation at hand, and ask, ‘Why is this so unbearable? Why can’t I endure it?’ You’ll be embarrassed to answer.” The crisis could have crippled him. But instead he stood up. He not only endured it, but he was a hero. He saved lives. He prevented panic from turning the battle into a rout.

Which is what we must do today and always, whatever we’re facing. We can’t give into fear. We have to repeat to ourselves over and over again: It’s OK to be scared, just don’t be afraid. We repeat: The world is a narrow bridge and I will not be afraid.

We have to focus on the six things, as Chris Hadfield might say, that we can do to make it better. And we can’t forget that there are plenty of things we can do to make things worse. Foremost among them, giving into fear and making mistakes. Rather, we have to keep going. Now is the time for everyone to show courage, like the thousands of generations who have come before us. Because time marches in only one direction – forward.”

The Daily "Near You?"

Lower Hutt, Wellington, New Zealand. Thanks for stopping by!

"Living In A Potemkin World" (Excerpt)

"Living In A Potemkin World" (Excerpt)
by Jim Quinn

Excerpt: “Every record has been destroyed or falsified, every book rewritten, every picture has been repainted, every statue and street building has been renamed, every date has been altered. And the process is continuing day by day and minute by minute. History has stopped. Nothing exists except an endless present in which the Party is always right.” - George Orwell, "1984"

“Don’t you see that the whole aim of Newspeak is to narrow the range of thought? In the end we shall make thoughtcrime literally impossible, because there will be no words in which to express it.” - George Orwell, 1984

"I never thought I would experience the dystopian “fictional” nightmare Orwell laid out in his 1949 novel. Seventy-two years later and his warning about a totalitarian society, where mass surveillance, repressive measures against dissenters, mind control through government indoctrination and propaganda designed to convince the masses lies are truth, fake is real and the narrative can be manipulated to achieve the desired outcome of those in power, have come to fruition.

Everything is fake. I don’t believe anything I’m told by the government, the media, medical “experts”, politicians, military leadership, bankers, corporate executives, religious leaders, financial professionals, and anyone selling themselves as an authority on any subject matter. We are truly living in times of mass deception, mass delusion, and mass willful ignorance.

The term Potemkin Village comes from stories of a phony movable village built by Grigory Potemkin in the late 1700’s to impress his former lover, Catherine II, during her journey to Crimea in 1787. He supposedly erected fake villages along the banks of the Dnieper River, as her vessel sailed by, to impress her with the progress he was making on her behalf. After she passed, he would have the village disassembled and then reassembled further along downstream.

I guess this was an early version of fake news, though I am sure there were also plenty of falsities and propaganda in the newspapers of the time. But, in our current day, oppressors have taken lies, falsities, miss-truths, and propaganda to heights never conceived by Edward Bernays, George Orwell or Joseph Stalin."

Please view this outstanding, 
and most highly recommended complete article here:

"The Most Contagious..."

 

"Iran’s Missiles will Destroy US Bases & Israel if Trump Attacks"

Scott Ritter, 1/14/26
"Iran’s Missiles will Destroy
 US Bases & Israel if Trump Attacks"
"Iran is ready for war, and its hypersonic ballistic missile system could destroy Israel & US military presence forever says Scott Ritter who joined the show to break down the consequences of Trump's march to war with Iran. The former UN Weapons Inspector does a deep dive into Iran's readiness and why it should terrify Trump & Israel together."
Comments here:

Dan, I Allegedly, "Nobody Has Money - Iconic American Brands Are Dying"

Full screen recommended.
Dan, I Allegedly, 1/14/26
"Nobody Has Money -
 Iconic American Brands Are Dying"
"The retail landscape is changing fast, and we're all feeling the impact. In today’s video, I’m breaking down the latest on the collapse of major retail giants like Macy’s and JCPenney, the surprising shifts at 7-Eleven, and how economic challenges are affecting restaurants, airlines, and more. What does this mean for consumers and businesses alike? I’ve got plenty of insights on this and more, including shocking news about real estate, the Fed, and even the beer industry."
Comments here:

"How It Really Is"

 

"Economic Warning Signs: The “Crazy” Label and the Cost of Being Early"

"Economic Warning Signs:
The “Crazy” Label and the Cost of Being Early"
by Milan Adams

"For years, I lived with a weight in my chest that I couldn’t quite name. It was an innate feeling - a frequency - that the structures we rely on in the U.S. were far more fragile than we were told. When I first started prepping, I didn’t have a spreadsheet or a real strategy. I was moving on pure instinct.

Because I was acting before the “proof” was on the evening news, people thought I was overreacting. Some even used the “C” word - crazy. Looking back, I realize I wasted a lot of time, energy, and money on the wrong things because I was reactive rather than strategic. But I’ve learned that most people won’t see the failure until it hits their own kitchen table. By then, the window for calm preparation has already slammed shut.

The “K-Shaped” Reality: You might hear people talking about a “K-shaped” economy. Think of the letter “K” and the way its two arms point in opposite directions.The top arm: Wealthy families and big tech companies are doing great. On paper, the stock market looks “fine.” The bottom arm: The average American family is struggling with record-high debt and the rising cost of essentials like groceries and rent. When you see “growth” in the headlines but feel the squeeze at the register, you aren’t imagining things. The system is splitting, and the foundation most of us stand on is thinning out.

The “Glitches” are Getting Louder: We are also seeing a rise in “systemic glitches.” Take the Amazon (AWS) server outages that have become more frequent. When those servers go down, it doesn’t just stop people from ordering packages. It paralyzes entire industries - banks can’t process payments, hospital systems lag, and even “smart” home security stops working. We are becoming way too comfortable with “technical difficulties.” These aren’t just one-off accidents; they are signs that our digital infrastructure is overloaded and vulnerable.

The AI Shift and the Job Market: At the same time, Artificial Intelligence (AI) is rapidly changing the job market. While we have a shortage of people in physical trades - like plumbers and nurses - the “office” world is being turned upside down. AI is already replacing roles in data entry, research, and basic accounting. This leaves hard-working people wondering where they fit in a world that is automating their paychecks away.

Summary: What This Means For You: If you feel like something is wrong, you aren’t “crazy” - you’re just picking up on the signals before the noise becomes a roar.
• The Safety Net is Thinning: You cannot rely on “the system” to be your only backup.
• Knowledge is Your Best Asset: Understanding these signs now gives you the “lead time” to prepare without panic.
• Confidence is the Goal: Prepping isn’t about hiding; it’s about having the supplies and the plan so you can keep “creating magic” even when things get rocky.

From Intuition to Action: The feeling you have in your gut isn’t a glitch - it’s your early warning system. For too long, we’ve been conditioned to ignore our instincts and wait for an official announcement before we take action. But by the time the “official” word comes down, the shelves are usually empty and the prices have already spiked.

I’ve been where you are. I spent years feeling like I was “overreacting” while watching the foundation of our society shift. I learned the hard way that prepping without a plan leads to wasted resources and unnecessary stress. But I also learned that the moment you take that first step toward self-sufficiency, the fear starts to fade.

You don’t need to have every answer today. You just need to stop ignoring the signals. By shifting your mindset from “victim of circumstance” to “strategic protector,” you reclaim your peace of mind. We are living through a period of massive transition, but you don’t have to go through it empty-handed. Let’s get serious, get organized, and build the confidence you need to handle whatever comes next."

"The Forgotten Man" (Excerpt)

"The Forgotten Man"
by Be Water

Excerpt: "For most of America, the headlines trumpeting a “strong economy” and “stocks at record highs” land like a cruel joke. Michael W. Green’s recent series "My Life Is A Lie" attempted to quantify the economic devastation felt by the majority of the country these many years. This carnage has been sanctified by our technocrats - an Aztec priesthood invoking sacred economic statistics as celestial omens to justify the ritual sacrifice of society on the altars of GDP and the S&P 500.

Green, an investment industry insider, gave voice to the Forgotten Man: Predictably, the priesthood declared heresy. Economists, journalists, thought leaders, think tanks, and other fellow travelers circled the wagons, tearing apart Green’s numbers, splitting hairs, and nitpicking his methodology. That is a grave mistake.

Fiddling While Rome Burns: "How can you expect a man who’s warm to understand a man who’s cold?" - "One Day in the Life of Ivan Denisovich," Alexander Solzhenitsyn

This sort of wonkish debate - whether the poverty line is $30k or $140k, whether CPI is 2% or 4% - exemplifies the scientism enabling our national dissolution: the religious belief that the statistical map is more real than the economic territory. Perhaps such effete technocratic sophistry could be tolerated - even indulged - were the body politic unified. But it is a fatal conceit in such a Balkanized powder keg of a nation.

Into this highly combustible environment, Green’s essays landed like an errant spark. If nothing else, Green forced a long-overdue reckoning with a reality that the credentialed class has steadfastly refused to acknowledge: that they themselves have spent decades drowning the American Dream in a flood of ruinous policy, even as they now insist that the water level is perfectly fine and that Americans are simply bad swimmers.

Such an acknowledgment, however, would be tantamount to confessing that their entire worldview - the long Postwar Consensus - rests on a meticulously constructed lie. That the intellectual facade of modern finance and economics, the modern monetary system and central banking, fiscal and monetary policy, financialization, globalism - all of it - has strip-mined the nation and fracked the American bedrock, leaving behind a slag heap of poverty, misery, and rage in place of the prosperity it promised. That their own lives have been a lie."
Full article is here:

"Rule by Thieves: The Police State Becomes a Pay-to-Play Shadow Government"

"Rule by Thieves: The Police State
Becomes a Pay-to-Play Shadow Government"

By John & Nisha Whitehead

Kleptocracy: a society whose leaders make themselves
 rich and powerful by stealing from the rest of the people.” 
- Cambridge Dictionary

"America has been backsliding into kleptocratic territory for years now, but this may finally be it. A kleptocracy is literally “rule by thieves.” It is a form of government in which a network of ruling elites “steal public funds for their own private gain using public institutions.” As analyst Thomas Mayne explains, it’s “a system based on virtually unlimited grand corruption coupled with, in the words of American academic Andrew Wedeman, ‘near-total impunity for those authorized to loot by the thief-in-chief’ - namely the head of state.”

One could fairly say that a kleptocracy was always going to be the end result of the oligarchy that was America. The signs were visible long before now: power and wealth have been trading places for decades. Indeed, it has been more than a decade since researchers at Princeton and Northwestern concluded that the U.S. is a functional oligarchy in which “political outcomes overwhelmingly favored very wealthy people, corporations, and business groups,” while the influence of ordinary citizens was at a “non-significant, near-zero level.”

So now we find ourselves in this present moment where billionaires are running the show. The optics are undeniable: while the country suffers through a government shutdown, with welfare programs shuttered and inflation, healthcare and basic cost-of-living expenses skyrocketing, the elite are living it up.

In the White House, President Trump is redecorating, transforming what had been known as “the people’s house” into a palace fit for an American king, complete with marbled bathrooms and a sprawling, gold-fitted ballroom. The rest of the administration, taking its cue from their leader, are jetting around at taxpayer expense for lavish vacations, sporting events - and decadent parties at Mar-a-Lago, Trump’s Florida retreat.

The responses to criticisms either deflect to how other administrations wasted money or, in the case of the ballroom, insist the project is privately funded - and therefore beyond reproach because taxpayers aren’t paying for it. But money is never truly “private” once it purchases influence over public office. The moment a government accepts such funding, it becomes indebted to the funders rather than accountable to the people.

Case in point: the list of donors to Trump’s White House ballroom. It reads like a who’s who list of the government’s biggest contractors and those most eager to curry favor. Collectively, the corporations and individuals on the ballroom donor list have received staggering sums in government contracts in recent years, and more than half face or have faced government investigations or enforcement actions “that includes engaging in unfair labor practices, deceiving consumers and harming the environment.” This is how you bring about a kleptocracy - one crooked buy-in at a time.

The constitutional question that follows is unavoidable: if presidents and agencies can do whatever they please simply because someone else foots the bill, what remains of constitutional, representative government? Follow that rationale to its end and you find yourself in dangerous territory. If a president can privately fund a ballroom, could he privately fund a battalion? If a cabinet agency can accept donations to expand its reach, could it sell policy favors to the highest bidder? If every public act can be recast as a private transaction, then the public no longer governs - it merely observes.

That is why the defense of demolishing and reconstructing the White House ballroom - an undertaking never authorized by Congress - on the grounds that no public funds will be used does not pass constitutional muster. The Constitution gives Congress - and only Congress - the power of the purse. This safeguard was designed not as a bureaucratic formality but as the chief restraint on executive abuse - the people’s means of holding the presidency to account.

Once presidents can raise private money to do what the people’s representatives refuse to fund, that weapon is disarmed. What follows is the slow unraveling of constitutional restraint, replaced by the notion that money - not law - sets the limits of power. The same mechanism that once protected the people from tyranny now becomes the means of financing it. What was meant as a safeguard becomes a loophole - a backdoor to unchecked power.

The logic is as seductive as it is corrupting: if private dollars cover the cost, the Constitution doesn’t apply. By that reasoning, a president could wage war, build prisons, or launch surveillance programs - all without Congressional authorization - so long as a billionaire or corporate sponsor signs the check. That’s not democracy. It’s privatized despotism.

This is how republics fall: not only through coups and crises, but through the quiet substitution of private interests for public authority. What begins as a gift ends as a purchase. What begins as a renovation ends as a revolution in how power operates. We have already seen this creeping privatization at every level of government: private contractors running prisons and wars, corporate donors dictating policy priorities, and surveillance and censorship outsourced to tech firms. Now the presidency itself is for sale - brick by brick, ballroom by ballroom.

The Founders feared monarchs; they never imagined CEOs with armies or presidents who could raise war chests independent of Congress. Yet that is exactly where we are headed: toward a government financed by private power and answerable only to it.

When public power can be bought, sold, or sponsored, the Constitution becomes nothing more than a branding tool - and when a nation mistakes private funding for public legitimacy, it ceases to be a republic at all. The power of the purse was meant to be the people’s last line of defense against tyranny. In the architecture of the Constitution, Congress alone was entrusted with the ability to raise and spend money - not because the Founders trusted legislators more than presidents, but because they feared concentrated power. They understood that whoever controls the purse ultimately controls the government itself. “Money,” Alexander Hamilton warned, “is the vital principle of the body politic.”

Without that restraint, the president could accumulate funds, build armies, and buy loyalty at will, consolidating power beyond constitutional limits—what Madison called “the very definition of tyranny.” When presidents or agencies can act outside Congressional appropriations by appealing to private donors, super PACs, or corporate “partners,” they dissolve the constitutional boundary between public office and private gain. Decisions that once required debate and oversight now happen behind closed doors, in boardrooms and donor suites. The result is a shadow government financed by privilege instead of the people.

The privatization of power isn’t theoretical - it is happening in plain sight. As The Intercept recently revealed, the Trump administration has even floated cash bounties for private “bounty hunters” to locate and track immigrants on behalf of ICE. In other words, law enforcement is being farmed out to freelancers motivated not by duty or justice, but by profit.

This is what a pay-to-play police state looks like: private actors deputized to do the government’s bidding, free from constitutional safeguards, answerable only to the wallet that funds them. Once the machinery of enforcement can be financed, directed, or rewarded through private channels, the rule of law gives way to the rule of money. Government ceases to function as a neutral arbiter and becomes a contractor for hire, wielding the badge, the gun, and the gavel on behalf of whoever can afford its services.

These arrangements substitute profit for principle and contract for Constitution, blurring the line between the state and its sponsors: private donors finance political events in public buildings, corporate partners shape executive policy, and billionaires underwrite the very forces - military, law enforcement, surveillance - that keep the rest of the population in check.

A police state funded by private wealth is even more dangerous than one funded by public taxes, because it answers to no electorate, no oversight committee, no constitutional restraint. Its accountability points upward - to financiers - not outward to the people it governs. Under such a system, justice becomes transactional. Enforcement becomes selective. Rights become negotiable.

What began as the privatization of services metastasizes into the privatization of sovereignty: the executive branch no longer merely executes the law—it markets it. The idea of constitutional limits erodes the moment the state claims exemption by calling its actions “privately financed.” And so, when a president boasts that he could raise his own army—through donors, contractors or loyalists - he is not being metaphorical. He is articulating the next logical stage of a government that has already sold itself to the highest bidders.

The Founders warned that liberty would perish when the instruments of power could be bought or sold. We are watching that prophecy unfold in real time. In the pay-to-play police state, money doesn’t just talk - it arrests, surveils, and kills. The fight to restore constitutional government begins where it was first betrayed: not merely with who pays, but with who decides.

If Congress no longer controls the nation’s spending- and if presidents, agencies, and corporations can bypass public consent by courting private benefactors - then the people no longer control their government. That is not democracy; that is debt servitude to power. The Founders knew that taxation and representation rise and fall together - and representation means more than writing a check. It means the power to set priorities, to attach conditions, to withhold funds, and to say no.

A government funded independently of its citizens will inevitably rule independently of them; it will spend without oversight, act without restraint, and enforce without accountability. That is why Madison stressed that “the power over the purse… is the most complete and effectual weapon with which any constitution can arm the people’s representatives against executive encroachments.”

The inverse is also true: once the president depends on private money, the people become dependent on the will of those who pay the president. In other words, an oligarchy - and when that oligarchy turns government itself into a vehicle for enrichment, a kleptocracy.

To reclaim the republic, the people must reclaim ownership of both the purse and the plan - the money that funds the government and the mandates governing how those funds are used. That requires drawing a hard constitutional line between public office and private enrichment; restoring congressional authority over every dollar spent in the name of the American people; and dismantling the system of shadow funding - super PACs, donor networks, corporate partnerships, and “public-private collaborations” - that now serve as pipelines for corruption disguised as efficiency. It also requires the sunlight of disclosure for any outside contribution touching government action, and strict prohibitions on off-budget schemes that treat private cash as a license to ignore the law.

Most of all, it requires remembering that citizenship is a public trust, not a private transaction. We need more than the right to pay for our government - we need the right to say how those payments are used, and the power to refuse when they are misused or abused. The moment we accept the notion that government may do whatever it wants so long as someone else pays for it, we have already sold the republic.

As we make clear in "Battlefield America: The War on the American People" and its fictional counterpart "The Erik Blair Diaries," the restoration of liberty will not come from new donors, new deals, or new rulers - it will come from a renewed insistence that power in America flows only from one source: We the People.

Our forebears fought a revolution to end taxation without representation. We may yet have to fight another - this time, against representation without appropriation, where officials claim the right to govern without the duty to answer to those they are supposed to represent. Remember, they are the servants. We the People are supposed to be the masters."

"The Current U.S. Debt And Currency Crisis Are Going Beyond Nuclear"

"The Current U.S. Debt And Currency
 Crisis Are Going Beyond Nuclear"
by Gregory Mannarino

"As of now, January 2026, the United States is functionally and totally dependent on debt expansion just to operate… this is the new baseline of America. The CON-gressional Budget Office (CBO) long-run math shows persistently large and expanding deficits moving forward…. and a debt path that continues to rise over time with compounding interest… and that means new debt obligations that will not only expand, but will also need to be refinanced.

This is no longer just a debt problem. It’s a debt problem and a currency crisis simultaneously… accelerating. Result? An economy trapped, crushed, and a middle-class paying for all of it. Once a system is functionally dependent on debt expansion, it becomes dependent on rate suppression and liquidity support. End result? An economic freefall. (You may want to see this:  Click here.)

Once you accept reality, you understand the next truth. Dollar devaluation is not a side effect. It’s the mechanism. That’s the currency crisis… because the “solution” is a controlled loss of purchasing power. (A slow-motion transfer from savers and wage earners to the debt machine).

Housing/Real-Estate: We’re now watching the operating model play out again in housing/real-estate! (In Real Time: Click here.) As you already know, Trump has ordered the government to buy the Fed’s runoff of MBS. This mechanism creates a government-controlled housing channel positioned to step in as the substitute bid. Result? The government now buying “Fed runoff,” effectively replaces the missing natural buyer with a public-sponsored buyer and it socializes risk.

Let’s break that down in plain language. Fed steps back, Government steps in with cash supplied by the central bank to buy MBS. That’s not just artificial demand…

1. That’s price support, and
2. That’s distorted price discovery.
And 3. It shifts risk where it always gets shifted in this regime… onto the public balance sheet.

Call it what it is... socialized risk/Socialism.

Every time the system proves it cannot function without intervention, it confirms what we have been warning about for over a decade. Markets are being supported… and the currency is being sacrificed.

The Fallout Spreads Out: The system issues more debt to operate. Then it suppresses rates to keep that debt serviceable. Then it supports liquidity when stress hits. Then it shifts risk onto the public. And the currency absorbs the cost through devaluation. Here again is the pattern: Crisis, Debt, Support, Debasement, Repeat.

 “The Global Angle.” This doesn’t stay contained, and we are already seeing the effect… When the reserve currency starts leaning harder on debasement to keep the machine running, the entire world gets pulled into a competitive devaluation environment. This is the operating model. As a current example… Venezuela. They manufacture necessity, (we have taken over a country) therefore expanding US commitments. This in turn expands debt issuance and further liabilities. This in turn expands into more intervention, (more funding), this in turn accelerates currency devaluation. The dollar has been fully weaponized against you/the American people… all while the propaganda to the contrary expands. (You must see this- click here.)

Dollar devaluation is a weapon of mass destruction as it attacks the foundation of ordinary life… your ability to save, to plan, to prosper. It turns every paycheck into less food, less security, less future. It is a silent tax that never gets voted on, never gets debated honestly, and never stops collecting. And the more this debt-expansion/currency debasement regime depends on further intervention to function… the more it must debase…Result? A nation is left with levitating markets and a hollowed-out zombified economy and a people who never fully understood what happened."

Bill Bonner, "Murphy's Lawlessness"

The Grand Convention of 1787 was the contemporary
name for what we now call the Constitutional Convention.
"Murphy's Lawlessness"
by Bill Bonner
Baltimore, Maryland - "It’s been very hard to know what Mr. Trump really is and what he is up to. So sui generis is he, from an American political perspective, that analysts have had trouble finding a label that suits him or a box that will hold him. Our contribution to the who-is-Trump genre is not so much to figure out what he is, but to eliminate some of the things he is not. That is the rock we will roll up the hill today.

When Donald Trump first appeared on the political scene, few people took him seriously. Even his own sister - a federal judge - reportedly said he was ‘a clown,’ with ‘no principles.’ Comedian Seth Myers commented that he thought the campaign was a ‘joke.’ Many people thought so, perhaps including Trump himself. Always promoting his own brand, he craved the spotlight. Running for president allowed him to mouth off...and the media reported it as ‘news.’

Since then, it has become more and more clear that while his sister may have been right about the ‘no principles,’ the ‘clown’ label doesn’t do him justice. He is much less funny and much more serious than people realized. As we see in the Venezuela example, one thing that Donald Trump is not is a Johnny Appleseed for democracy...or any other form of government. The Wall Street Journal: "US Tries a New Playbook: Regime Management, Not Regime Change."

After costly failures in Iraq and Afghanistan, the Trump administration is betting that managing Venezuela’s autocracy is cheaper than dismantling it Trump is not planting the seeds of republicanism, nor communism, nor Americanism, nor capitalism. Democracy? Theocracy? He doesn’t seem to care.

But there’s nothing new about this. Most empires don’t care either. They don’t insist that the conquered country worship their gods or imitate their political system. That’s the difference between an empire and a common nation. Louis the 14th described the French nation as ‘un roi, une loi et une foi’ (one king, one law, and one faith). Hitler had his version too: ‘Ein Volk, ein Reich, ein Fuhrer’ (one people, one government, and one leader).

An empire, however, is a different thing. Like the US, it is made up of many different nations, each with its own religions, languages, and governments. In its heyday, for example, England ruled 56 different sovereign states - from India to South Africa to Canada. But in an empire, unlike the US, subject peoples are not expected to become citizens or salute the same flag. The emperor just wants them to obey...and pay tribute.

Trump doesn’t mind that the people running things on the ground in Venezuela are the same corrupt people who ran it under Chavez and Maduro. He only demands that they take orders from him, rather than from Maduro, and that they send their oil to him rather than to the Chinese. And he has no intention of restoring democracy in Venezuela, either. Even in America itself, he has little regard for democracy. And his affection for ‘vox populi’ - the voice of the people - only lasts as long as they are singing his praises.

But one of the biggest mistakes in the ‘who-is-Trump’ canon came from those who thought he was a ‘conservative.’ He may have been confused about it himself. While he was a registered Democrat for many years - and contributed to Democratic candidates - when he ran for president in 2015 he claimed to be a conservative: “I am a conservative person. I am by nature a conservative person. I never looked at putting a label on myself, I wasn’t in politics. But if you look at my general attitudes in life I would certainly have the more conservative label put on me.”

But there was never anything ‘conservative’ about Donald Trump. From his billionaire lifestyle, to running his own airline, to grabbing women by the crotch and partying with Epstein, nothing about his life was ‘conservative.’

As for his politics, he was all over the place. But in the campaign of 2016, he promised a balanced budget, promoted a ‘live and let live’ attitude towards Russia, dissed NATO and other ‘foreign entanglements,’ despised wokism, DEI, and Rosie O’Donnell, and said he would end the ‘endless wars.’ He even said he would pay off the national debt...though no one took it seriously. All of these things endeared him to ‘conservatives.’

A conservative is someone who wishes to hold onto institutions, customs and ideas - like an old pair of boots - until they no longer give good service. At the heart of it is a respect for laws and traditions. Laws of nature, laws of men, Boyle’s law, the US Constitution, supply and demand...he loves them all. Mr. Trump doesn’t believe in laws at all. He believes in deals...and his power to get what he wants by deal-making. He said that America’s trade deficits, for example, were the result of ‘bad deals’ made by his predecessors.

Perhaps even more fundamental, a conservative is someone who distrusts government power; he believes government should always be subordinate to the writ of Moses and the Grand Convention of 1787.

This is the opposite of Trump’s pensée. For him, laws can be used to advance his own power, wealth and glory. Or, if they get in the way, they can be ignored. Nevertheless, a substantial part of the voting public, in 2016 and after, came away thinking Trump was, at least in some measure, a ‘conservative.’ But today - after the most unbalanced budgets in history...and attacks on Nigeria, Somalia (more than 100 times!), Iran, Venezuela, and Syria, in 2025 alone - much of his ‘conservative’ make-up has washed off.

What does that leave? Conservatives don’t know either. But they have one other helpful insight. Over-arching the whole structure of laws and traditions, they believe, is Murphy’s Law. It tells us that for all our efforts, there will always be some jackass who comes along and messes everything up. Stay tuned for more of what Trump isn’t."

Tuesday, January 13, 2026

"We're In Very Serious Trouble; The Collapse is Accelerating; Civil War Inevitable"

Jeremiah Babe, 1/13/26
"We're In Very Serious Trouble; 
The Collapse is Accelerating; Civil War Inevitable"
Comments here:

Gerald Celente, "Once Again, We Told You So, Our Top Trend For 2026"

Strong language alert!
Gerald Celente, 1/13/26
"Once Again, We Told You So, 
Our Top Trend For 2026"
"The Trends Journal is a weekly magazine analyzing global current events forming future trends. Our mission is to present Facts and Truth over fear and propaganda to help subscribers prepare for What’s Next in these increasingly turbulent times."
Comments here:

"College Students Are Done - America’s Debt Crisis No One Wants To Talk About"

Full screen recommended.
Epic Economist, 1/13/26
"College Students Are Done - 
America’s Debt Crisis No One Wants To Talk About"

"The American Dream is facing a reckoning. College students across America are breaking down as student loan debts pile up, forcing an entire generation to question whether the promise of higher education was ever real. This video dives into the student loan crisis, uncovering why young people are facing unprecedented financial pressure and whether college is still worth the debt.

For decades, society told us a university degree was the golden ticket. Today, for millions of Americans, it feels more like a trap. We follow real stories from students and graduates who are drowning in debt, sharing raw experiences about the connection between financial stress and mental health. From monthly emotional breakdowns to delaying life milestones like buying a home or starting a family, the cost of education is charging interest on futures before careers have even started.

We also examine what these stories reveal about the system itself. When someone borrows $41,000 and owes $118,000, that's not a budgeting failure. That's a structural problem. When someone pays for ten years and hasn't touched the principal, that's not laziness. That's a math equation designed to keep you running in place.

But this video goes deeper than outrage. We break down the patterns emerging across these stories. The use of math as emotional proof. The learned helplessness when every door closes. The shift from personal struggle to seeing the government as an adversary. The grief over a broken social contract. And finally, the quiet resignation of people who have stopped checking their balances because survival matters more than stress.

Are we facing a student debt crisis in 2026 that could destabilize the economy? With tuition inflation outpacing wages and $1.67 trillion in outstanding loans, the numbers are hard to ignore. This video explores the systemic failures leaving young Americans behind and asks whether the game is rigged or just brutally misunderstood.

Whether you're a high school student deciding your future, a parent worried about the cost of college, or a graduate struggling with payments, this video offers a grounded look at where we actually are. Not panic. Not denial. Just reality.

It's time for an honest conversation. Student loans are leaving graduates in enormous debt with shrinking options, and the emotional toll is real. Join the discussion about what higher education actually costs and what happens when an entire generation stops believing in the ladder they were told to climb."
Comments here:

"Douglas Macgregor: U.S. War on Iran Risks Triggering World War"

Glenn Diesen, 1/13/26
"Douglas Macgregor: 
U.S. War on Iran Risks Triggering World War"
Comments here:

"Alert! USA/Iran About To Explode! Oil Tankers Struck!"

Prepper News, 1/13/26
"Alert! USA/Iran About To Explode! 
Oil Tankers Struck!"
Comments here:

Musical Interlude: Deuter, "Sea and Silence"

Deuter, "Sea and Silence"

"A Look to the Heavens"

Why does this galaxy have such a long tail? In this stunning vista, based on image data from the Hubble Legacy Archive, distant galaxies form a dramatic backdrop for disrupted spiral galaxy Arp 188, the Tadpole Galaxy. The cosmic tadpole is a mere 420 million light-years distant toward the northern constellation of the Dragon (Draco). Its eye-catching tail is about 280 thousand light-years long and features massive, bright blue star clusters. 
One story goes that a more compact intruder galaxy crossed in front of Arp 188 - from right to left in this view - and was slung around behind the Tadpole by their gravitational attraction. During the close encounter, tidal forces drew out the spiral galaxy's stars, gas, and dust forming the spectacular tail. The intruder galaxy itself, estimated to lie about 300 thousand light-years behind the Tadpole, can be seen through foreground spiral arms at the upper right. Following its terrestrial namesake, the Tadpole Galaxy will likely lose its tail as it grows older, the tail's star clusters forming smaller satellites of the large spiral galaxy."

Chet Raymo, "The Meaning Of Life"

"The Meaning Of Life"
by Chet Raymo

"There is only one meaning of life, the act of living itself."
– Erich Fromm

"I had heard from a high-school student in the midwest who had read my book 'Skeptics and True Believers,' in which, as you may know, I take to task all forms of faith that lack an empirical basis, including astrology and supernaturalist religion. He writes: "Are we just meaningless beasts roaming a meaningless Earth with the sole purpose of popping out babies so we can raise them to live longer, more meaningless lives?"

A good question, the best question. What we have learned about our place on Earth does indeed suggest that we are beasts, related even in our DNA and molecular chemistry to other animals. And, yes, the driving purpose of all animal life would seem to be "popping out babies." But our uniquely complex human brains allow us to be more than beasts, more than baby-poppers. As far as we know, humans are the most complex thing in the universe, and in our desire to gain reliable knowledge of the universe the universe becomes conscious of itself.

As for myself, I don't need stars or gods to give my life meaning. I work at meaning every day, in the love of family and friends, in caring for my own little pieces of the Earth, in art, in science, and in making myself conscious of the mystery and beauty - and terror - of the cosmos.

"Or is there a possibility that there may be more?" asks my midwestern correspondent. Yes, there is almost certainly more to existence than what we have yet learned. Just think how much more we know than did our pre-scientific ancestors. But that still greater knowledge will have to wait for minds other than my own. My children and grandchildren will know far more than I, and in that growing human storehouse of reliable knowledge I hope they will find some greater measure of meaning.

In the meantime, I attend to the fox that sometimes walks across my windowsill, the morning glory seedlings that reach achingly for the sun, and the moon that hangs like a great milky eye in the sky. Francis Bacon said that what a man would like to be true, he preferentially believes. That's a mistake I try to avoid. I choose instead to believe what my senses tell me to be palpably true."

Viktor Frankl, "Life Changing Quotes" ("Man's Search For Meaning")

Full screen recommended.
Viktor Frankl, "Life Changing Quotes"
 ("Man's Search For Meaning")
"Viktor Emil Frankl was an Austrian neurologist and psychiatrist as well as a Holocaust survivor. Frankl was the founder of the logotherapy method and is most notable for his best-selling book Man's Search for Meaning."
Freely download "Mans Search For Meaning", by Viktor Frankl, here:
o
Highest recommendation:

The Poet: David Whyte, “The Sea”

“The Sea”

“The pull is so strong we will not believe
the drawing tide is meant for us,
I mean the gift, the sea,
the place where all the rivers meet.

Easy to forget,
how the great receiving depth
untamed by what we need
needs only what will flow its way.
Easy to feel so far away
and the body so old
it might not even stand the touch.

But what would that be like
feeling the tide rise
out of the numbness inside
toward the place to which we go
washing over our worries of money,
the illusion of being ahead,
the grief of being behind,
our limbs young
rising from such a depth?

What would that be like
even in this century
driving toward work with the others,
moving down the roads
among the thousands swimming upstream,
as if growing toward arrival,
feeling the currents of the great desire,
carrying time toward tomorrow?

Tomorrow seen today, for itself,
the sea where all the rivers meet, unbound,
unbroken for a thousand miles, the surface
of a great silence, the movement of a moment
left completely to itself, to find ourselves adrift,
safe in our unknowing, our very own,
our great tide, our great receiving, our
wordless, fiery, unspoken,
hardly remembered, gift of true longing.”

~ David Whyte,
“Where Many Rivers Meet”