Wednesday, December 22, 2021

"Addictive 'Brain Hijacking': Methods Of Social Media Platforms Harmful To Users, Especially Children: Insider"

"Addictive 'Brain Hijacking': Methods Of Social Media 
Platforms Harmful To Users, Especially Children: Insider"
by Isabel van Brugen and Joshua Philipp

"Addictive “brain hijacking” methods used by social media giants to keep users on their platforms have harmful effects, particularly on children, according to industry insider Rex Lee, who says the companies may be violating child protection laws and consumer protection laws by employing such techniques.

Lee, who has over 35 years of experience in the tech and telecom industry, recently testified before Congress, speaking to members about some of the deceptive practices used by social media networks - in particular, “brain hijacking.” “The first time I’d ever heard of brain hijacking, I thought it was something from a science fiction movie,” he recently told EpochTV’s Crossroads program.

He said that social media apps, including those developed by Google, Meta, and Bytedance, are intentionally developed to be addictive. Part of what makes these platforms addictive is associated with brain hijacking technologies, which involve suggestive and manipulative advertising, he explained.

Lee, who works in the tech industry for an enterprise app and platform developer, said that he was shocked after coming across an admission in a 2017 Axios interview by Sean Parker, who served as the first president of Facebook. In the interview, Parker said that Facebook was intentionally developed using addictive technologies associated with something he described as a “social validation feedback loop.”

“That in itself is what is at the heart of brain hijacking,” Lee said. “And what that does is that reassures the end user that what they’re posting on the platform is being accepted by a lot of people. In other words, a social validation feedback loop would be associated with a thumbs up, or confetti or emojis, and that sort of thing after they do a post.”

Lee said these are addictive qualities that developers put into their app and platform designs, which ultimately end up harming the user. “Sean Parker actually admitted this during the Axios interview when he said, ‘God only knows what it’s doing to our children’s brains,’” Lee said. “But it’s not only the brains of children, it’s the brains of the end user, whether it’s an adult, teen, child, or business and user. This is why people are checking their smartphones up to 150 times a day.”

Lee added that Parker expressly told Axios that the feedback loop was “exactly the kind of thing that a hacker like myself would come up with, because you’re exploiting vulnerability in human psychology.” Lee has been providing to congressional committees, as well as senators and House members, insider information on how these platforms are developed.

The cybersecurity and privacy adviser also highlighted the harmful effects these social media platforms have on young teenagers, describing the platforms as “no different than tobacco companies making bubblegum-flavored cigarettes to sell to children.” “These social validation feedback loops are what’s at heart, and why young teen girls as well as boys who utilize this technology can be harmed by it - they get addicted to it, they never can find fulfillment in it,” Lee said. “And then, they end up depressed and they end up always constantly having to look for that validation, not only from the technology, but from the other end users on the platform.”

“This also is dangerous because it contributes to cyber bullying,” said Lee, explaining that cyberbullies themselves may become addicted to bullying others online. “They [cyberbullies] get a few thumbs up from that post where they’re bullying somebody and then more thumbs up comes. And then that person, the bully, becomes addicted to actually harming people, as well as the recipient starts getting harmed,” he explained. “And we all know what that leads to anxiety, self harm, as well as suicides. And all of those are up among teen and young adult adult users, especially young girls who utilize the platform.”

“Kids are being exploited,” he alleged, noting that social media giants may be violating a child online protection law - the Federal Trade Commission’s (FTC) Children’s Online Privacy Protection Act (COPPA) enacted in 1998. “It’s actually illegal for a child under 13 to use any type of technology that’s supported by predatory apps that are developed to exploit the user for financial gain through methods such as data mining and surveillance,” Lee said of the law.

Lee said he analyzed the legal language on a Samsung Galaxy Note smartphone that was pre-installed with over 175 apps created or developed by 18 companies, including Chinese tech company Baidu. He explained that what’s often hidden from the user within the devices themselves is “the most important part of your terms of use.”

This includes the application permission statements and application product warnings “which describe in great detail how much surveillance and data mining that the tech companies can conduct on you. But they don’t want that online. They hide that within the devices, and some of those application permission statements actually contain product warnings,” Lee said.

“So again, another cigarette analogy would be, it would be like the warning for cigarettes being printed on the inside of the package,” he explained. “So that after you consume the product, you understand then that it commit that it can cause cancer, it’s the same thing.” He added, “They’re hiding the product warnings within the application permission statements, which can only be accessed from within the device and not online.”

Lee said the FTC should be taking action to investigate these companies for related harm reported by their consumers, and enforce existing customer laws, particularly since former senior executives, such as Parker, have admitted that they developed these technologies to be addictive, “even at the expense of the end user safety.” “We not only had these platforms weaponized against the end user to exploit them for financial gain through harmful technology, such as addictive apps, but now they’re using them to oppress people and spread misinformation, censorship, crush freedom of the press, and in other things,” Lee added. “It’s unbelievable.” The Epoch Times has reached out to Meta, ByteDance, and Google for comment."

Greg Hunter, "Only Second Coming Will Make Things Better in 2022"

"Only Second Coming Will Make Things Better in 2022"
By Greg Hunter’s USAWatchdog.com

"Precious metals expert and financial writer Bill Holter says huge lies and massive money printing have held the financial system together. His big prediction for 2022 is that both the lies and money printing are going to get much worse. Holter explains, “The risk for a meltdown from these levels, the risk has never been higher or could be higher than it is right now. You have got everything going in the wrong direction. In the year 2022, I will say without the second coming of Jesus Christ, things are not going to get better. At this point, evil has its hand on too many controls. They control too many avenues. They control the media and just go right down the list. Evil has too much control at this point.”

Holter says forget what the Fed is saying about “tapering” the easy money policies and raising interest rates to fight inflation. Holter contends, “They just cannot do it. We have an economy that it’s clear it’s beginning to slow. It’s clear that inflation is raging. So, the Fed is stuck in a corner. They need to raise interest rates, and they need to fight inflation, but at the same time, if they do that, they will pop the debt bubble. That’s the rock and the hard place the Fed is in between. What they are saying is we are going to take the patient off life support, and with the biggest credit bubble of all time, they can’t do it. If they do, you will see a credit temper tantrum turn into a credit meltdown.”

Holter also sees the narratives of lies giving way to the truth. Holter says, “The narrative on so many things is blowing up. Senator Joe Manchin saying that he’s not going to go along with spending another $2.5 trillion. The White House is trying to pass off as truth that spending another $2.5 trillion is going to tame inflation. This is truly George Orwell "1984", "Animal Farm" or whatever you want to call this. Up is down, black is white and truth, well, you can’t find truth today.”

Holter is also predicting the vax injections and the narrative that they are working is going to collapse. Now, to be “fully vaccinated,” you need a booster. Even those people are getting Covid. Just ask triple vaxed Senators Booker and Warren, who both recently tested positive for Covid. Holter explains, “That’s one of the narratives that I believe will fail in 2022. The reason being is people can see with their own eyes what’s happening. They know people who have had adverse reactions. They know people who have died. You can tell someone it’s sunny outside, but when they walk outside, the moon is out. They know they are being lied to. That’s where we are headed, and I think we are really close. I think in the first quarter of 2022, the vax narrative is going to completely collapse. With it will go a great deal of misplaced confidence. Markets are held up by confidence. The dollar is held up by confidence. The credit markets are held up by confidence. Anything you do to ding or hurt confidence is going to have an adverse effect on assets, not hard assets, paper assets and all that runs on confidence.”

Holter is predicting the Fed is going to be forced to start another round of QE in 2022 and not cut back. Another 2022 prediction that Holter is seeing is “some type of failure to deliver in the of physical gold and silver markets because the stress in the gold and silver supply, I have never seen in my life.”

There is much more in the nearly 1 hour interview, including predictions on Donald Trump being President again, Senator Joe Manchin leaving the Democrat Party, a coming false flag and even war. In short, Holter says, “This is good versus evil. It’s really that simple.”

Join Greg Hunter on Rumble as he goes One-on-One with 
financial writer and precious metals expert Bill Holter of JSMineset.com.

A Christmas Musical Interlude: Placido Domingo, "La Virgen Lava Pañales"

A Christmas Musical Interlude:
Placido Domingo, "La Virgen Lava Pañales"

"How It Really Is"

 

Tuesday, December 21, 2021

"Bank Meltdown, More Banks Are Closing; Stop Trusting Banks; Taxpayers To Pay Delinquent Home Owners"

Jeremiah Babe, PM 12/21/21:
"Bank Meltdown, More Banks Are Closing; Stop Trusting Banks; 
Taxpayers To Pay Delinquent Home Owners"

Gerald Celente, "Trends Journal," "Happy New Year!"

Full screen recommended.
Strong language alert!
Gerald Celente, "Trends Journal", 12/21/21:
"Happy New Year!"
"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."

"The Great Supply Chain Collapse – Jim Rickards"

Full screen recommended.
"The Great Supply Chain Collapse – Jim Rickards"
by Epic Economist

"Global supply chains are facing a very chaotic crisis that only seems to get worse. While some bottlenecks ease others are just starting. With each passing day, new shortages emerge around the world due to delivery delays, shipping disruptions, and a record congestion of cargo ships at ports. The network of world trade is also being plagued by container backlogs, labor shortages, geopolitical tensions, energy shortages,​ travel restrictions, and lockdowns. The combination of these factors is creating a ripple effect all over the planet, but especially in the United States. For that reason, analysts at Capital Economics are predicting the supply chain crisis to last for at least another two years.

But have you ever wondered why supply chains have become so tangled up? Or what's the root of the supply chain collapse? In an article brilliantly written by the economist and financial commentator, James Rickards, which was recently published in his blog, the Daily Reckoning, the analyst explains that there's no simple answer for that question. In fact, he says that supply chains are so complex that the answer is essentially irrelevant. It is a very intricate network, whose scale and complexity can be compared to an ecosystem. That's why paying attention to the exact cause and effect to get to the root of the problem can be a dead-end. The processing power needed to understand the entanglement of supply chains exceeds our logic comprehension.

Even though most of us have a notion of how supply chains operate, only a few people in the world truly understand how elaborate, extensive and vulnerable they really are. That's why Rickards breaks down this complex explanation into a simple example to show us why one single failure can lead to a cascade of disruptions and cause unimaginable damages. Let's picture a single loaf of bread. For that loaf of bread to arrive at the store, a truck driver has to pick it up from the bakery. The bakery needs one or more suppliers to get all of the ingredients needed to make the bread. The ovens used to bake it and the packing used to wrap it when it's ready are also an essential part of the process that allows you to bring that loaf of bread home.

The manufacturer of the oven also needs its own supply chain to provide him with steel, tempered glass, semiconductors, electrical circuits, and other materials needed to build his product. The ovens can be handcrafted or mass-produced in a factory that requires production lines or manufacturing cells to assembly the product. For its part, the factory also needs its own supply chain of electricity, natural gas, heating, ventilation systems, and qualified labor to make its entire operation work. So the store that sells the bread needs only the receiver of a product that required numerous supply chains to exist. Every store requires warehouses or back rooms to keep their inventory, as well as loading docks, forklifts and conveyor belts to move their merchandise from truck to shelf

Now imagine all of the other items available at grocery stores: fresh produce, fruits, meat, pork, fish, poultry, canned goods, dairy, drinks, spices, and so on. Each of them requires the operations of several supply chains to be produced, processed, packed and transported to finally get to store shelves. Things are much more entangled than they seem.

The main turning point for the supply chain was the just-in-time model of production. The big problem is that the just-in-time model has made the whole system extremely fragile. One single disruption can compromise the operations of the entire global supply chain. The system is simply not prepared to handle external shocks. But those shocks are happening on an everyday basis. The health crisis, the Ever Given accident, trade conflicts, port shutdowns, financial swings and many more factors can weigh upon the system. That's why supply chains have collapsed.

The bottom line, as Rickards concludes, is that if the supply chains collapse, the economy starts to collapse as well. Every item, product, and service that keeps our economy running requires a series of supply chains to exist. And when the economy starts to fall apart, our social order begins to fall to pieces just as well. And the price to pay for social disorder is far higher than any savings the just-in-time model can offer. Sadly, our leaders are failing to assess the severity of this situation, and we are already feeling the impact of broken supply chains and a slumping economy. The global supply chain crisis is far from over. And the chaos that is about to emerge goes far beyond our imagination."

"Exactly Which Dystopian Novel Are We Living In?"

"Exactly Which Dystopian Novel Are We Living In?"
by Tyler Durden

"There’s a debate going on among the disaffected/terrified over which dystopian novel we’re now living in. As John Rubino remarks, some point to social media addiction and designer drugs to suggest "Brave New World." Others see mass surveillance and pandemic lockdowns as putting us squarely in "1984". Still others cite online censorship and cancel culture as favoring "Fahrenheit 451".

Each of these opinions seems valid, which is confusing. A prisoner should know the shape of their cell. So it’s a relief to find out that someone (not sure who) has settled the argument by creating the following Venn diagram (Tweeted by our friend David Morgan).
Turns out we’re not in a single dystopian novel. We’re in all of them simultaneously."

"We Know..."

"We know they are lying, they know they are lying,
 they know we know they are lying,
 we know they know we know they are lying, 
but, they are still lying."
- Aleksandr Isayevich Solzhenitsyn

Musical Interlude: Deuter, "East Of The Full Moon"

Full screen recommended.
Deuter, "East Of The Full Moon"

"A Look to the Heavens"

"Stars are sometimes born in the midst of chaos. About 3 million years ago in the nearby galaxy M33, a large cloud of gas spawned dense internal knots which gravitationally collapsed to form stars. NGC 604 was so large, however, it could form enough stars to make a globular cluster.
Many young stars from this cloud are visible in the above image from the Hubble Space Telescope, along with what is left of the initial gas cloud. Some stars were so massive they have already evolved and exploded in a supernova. The brightest stars that are left emit light so energetic that they create one of the largest clouds of ionized hydrogen gas known, comparable to the Tarantula Nebula in our Milky Way's close neighbor, the Large Magellanic Cloud."

"Only One Basic Human Right..."

"There is only one basic human right, 
the right to do as you damn well please.
And with it comes the only basic human duty,
 the duty to take the consequences."
- P. J. O'Rourke

The Poet: T.S. Eliot, “Little Gidding”

“Little Gidding”, Excerpt

"We shall not cease from exploration
And the end of all our exploring 
Will be to arrive where we started 
And know the place for the first time. 
When the last of earth left to discover 
Is that which was the beginning; 
At the source of the longest river 
The voice of the hidden waterfall
And the children in the apple-tree.

Not known, because not looked for 
But heard, half-heard, in the stillness
Between two waves of the sea.
Quick now, here, now, always - 
A condition of complete simplicity
(Costing not less than everything)
And all shall be well and
All manner of thing shall be well
When the tongues of flames are in-folded 
Into the crowned knot of fire 
And the fire and the rose are one.”

- T.S. Eliot

"Little Gidding" is the last of T. S. Eliot's "Four Quartets," 
which you may read online here:

The Daily "Near You?"

Brick, New Jersey, USA. Thanks for stopping by!

"Ah, You Miserable Creatures!"

 "Ah, you miserable creatures! You who think that you are so great!
You who judge humanity to be so small! You who wish to reform everything!
Why don't you reform yourselves? That task would be sufficient enough. "
- Frederic Bastiat

Any questions?

"Lifes Impermanence..."

"Lifes impermanence, I realized, is what makes every
single day so precious. It's what shapes our time here.
It's what makes it so important that not a single moment be wasted."
- Wes Moore

"This Species is Amusing Itself to Death. The Addictive Contaminated Media Reality"

"This Species is Amusing Itself to Death.
The Addictive Contaminated Media Reality"
By Dr. Gary G. Kohls

“And when they found our shadows (grouped ‘round the TV sets), they ran down every lead; they repeated every test; they checked out all the data in their lists. And then the alien anthropologists admitted they were still perplexed, but on eliminating every other reason for our sad demise they logged the only explanation left: This species has amused itself to death.” – Roger Waters

“Apathy and indifference are nurtured in the modern age as most peoples’ free time is frittered away with worthless trivia like ball games, computer games, movies and soaps, and fiddling with their mobile phones. These distractions might be fun, but after most of them you’ve learnt nothing of any value, and remain ignorant, malleable and suggestible, which is just how the elites want you.” – Clive Maund

“A truth’s initial commotion is directly proportional to how deeply the lie was believed… When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker, a raving lunatic.” – Dresden James

“A lie gets halfway around the world before 
the truth has a chance to get its pants on.”
 – Winston Churchill

"30 years ago (1985) Neil Postman (a professor of communications arts and sciences at New York University – until his death in 2003) wrote the best-selling book “Amusing Ourselves to Death: Public Discourse in the Age of Show Business”. (Free download below.) The book exposed, among other things, the subtle but profound dangers to the developing mind from the mesmerizing (and addictive) commercial television industry.

The lessons from that book have essentially been ignored by the amoral and corrupted sociopathic capitalist system that says “damn the torpedoes/full steam ahead” and blindly and greedily promotes unlimited growth no matter what the costs and who or what gets hurt long–term in the resource-extractive, exploitive and permanently polluting processes.

But Postman’s thesis applies even more strongly today to the current internet/computer/ age-inappropriate, pornographic sex and pornographic violence-saturated televangelist/political-contaminated media reality with which the prophetic Postman was properly alarmed.

SOMA, the Drug That Predicted Prozac by 50 Years: In the classic “Brave New World” (1932) Aldous Huxley wrote about the new form of totalitarianism that has now come to pass in the developed world, thanks to the privatized profit-driven, drug, medical and psychiatric corporations whose practitioners were once (naively or altruistically?) mainly concerned with relieving human suffering and trying to holistically and permanently cure their distressed patients’ ailments (rather than lucratively “managing” said “clients” as permanently paying consumers of unaffordable prescription drugs). Nearly 30 years after he wrote the book, Huxley said,

“And it seems to me perfectly in the cards that there will be within the next generation or so a pharmacological method of making people love their servitude, and producing a kind of painless concentration camp for entire societies, so that people will in fact have their liberties taken away from them but will rather enjoy it, because they will be distracted from any desire to rebel by propaganda, brainwashing, or brainwashing enhanced by pharmacological methods.”

Neil Postman’s very last sentence of his book concerned the prescription drug-infested victims of the new form of totalitarianism that Huxley had described in “Brave New World”.

Of course, Huxley’s book was all about his imaginary psychotropic drug SOMA that Prozac’s makers and promoters in the late 1980s to falsely claim to make its swallowers “feel better than well”. One of the characters in Brave New World said: “And if ever, by some unlucky chance, anything unpleasant should somehow happen, why, there’s always Soma to give you a holiday from the facts. And there’s always Soma to calm your anger, to reconcile you to your enemies, to make you patient and long-suffering. In the past you could only accomplish these things by making a great effort and after years of hard moral training. Now, you swallow two or three half-gramme tablets, and there you are. Anybody can be virtuous now. You can carry at least half your morality about in a bottle. Christianity without tears; that’s what Soma is.”

Postman ended his book by writing: “what afflicted the people in Brave New World was not that they were laughing instead of thinking, but that they did not know what they were laughing about and why they had stopped thinking.”

A couple of years after the publication of Postman’s book, Roger Waters (of “Pink Floyd’s The Wall” fame) released a “concept” album that was inspired by the book. He titled the album “Amused to Death”. The lyrics of the title track are as follows:

“Amused To Death”
by Roger Waters

"Doctor Doctor what’s wrong with me
This supermarket life is getting long
What is the heart life of a color TV?
What is the shelf life of a teenage
queen?
Ooh western woman
Ooh western girl
News hound sniffs the air
When Jessica Hahn goes down
He latches on to that symbol of
detachment
Attracted by the peeling away of
feeling
The celebrity of the abused shell
of the belle
Ooh western woman
Ooh western girl
And the children of Melrose strut
their stuff
Is absolute zero cold enough?
And out in the valley warm and clean
The little ones sit by their TV screens
No thoughts to think
No tears to cry
All sucked dry down to the very
last breath.

Bartender what is wrong with me
Why I am so out of breath
The captain said excuse me ma’am
This species has amused itself to death

We watched the tragedy unfold
We did as we were told
We bought and sold
It was the greatest show on earth
But then it was over
We oohed and aahed

We drove our racing cars
We ate our last few jars of caviar
And somewhere out there in the stars
A keen-eyed look-out
Spied a flickering light
Our last hurrah.

And when they found our shadows
Grouped ‘round the TV sets
They ran down every lead
They repeated every test
They checked out all the data in
their lists
And then the alien anthropologists
Admitted they were still perplexed.

But on eliminating every other reason
For our sad demise
They logged the only explanation left
This species has amused itself to death
No tears to cry
No feelings left
This species has amused itself to death…"
Freely download “Amusing Ourselves to Death:
 Public Discourse in the Age of Show Business”, by Neil Postman, here:
Freely download “Brave New World", by Aldous Huxley here:

"Regret..."

"Regret for the things we did can be tempered by time;
it is regret for the things we did not do that is inconsolable."
~ Sydney J. Harris

Free Download: Charles Mackay, "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:

"First Of All..."

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

"Retail Nightmare Before Christmas - A Worldwide Horror Story"

Full screen recommended.
Dan, iAllegedly, 12/21/21:
"Retail Nightmare Before Christmas - 
A Worldwide Horror Story"
"Retail Sales are off worldwide. It is an absolute Retail Nightmare. It doesn’t matter what country you are in. There is a massive problem with consumer buying on the retail level. Yes, Amazon is shipping, but people are not walking in the stores and buying anything."

"How It Really Is"

"Streets of Philadelphia, Kensington Avenue, 12/20/21"

Full screen recommended.
"Streets of Philadelphia, Kensington Avenue, 12/20/21"
by kimgary

"Violent crime and drug abuse in Philadelphia as a whole is a major problem. The city’s violent crime rate is higher than the national average and other similarly sized metropolitan areas. Also alarming is Philadelphia’s drug overdose rate. The number of drug overdose deaths in the city increased by 50% from 2013 to 2015, with more than twice as many deaths from drug overdoses as deaths from homicides in 2015. A big part of Philadelphia’s problems stem from the crime rate and drug abuse in Kensington.

Because of the high number of drugs in Kensington, the neighborhood has a drug crime rate of 3.57, the third-highest rate by neighborhood in Philadelphia. Like a lot of the country, a big part of this issue is a result of the opioid epidemic. Opioid abuse has skyrocketed over the last two decades in the United States and Philadelphia is no exception. Along with having a high rate of drug overdose deaths, 80% percent of Philadelphia’s overdose deaths involved opioids2 and Kensington is a big contributor to this number. This Philly neighborhood is purportedly the largest open-air narcotics market for heroin on the East Coast with many neighboring residents flocking to the area for heroin and other opioids. With such a high number of drugs in Kensington, many state and local officials have zoned in on this area to try and tackle Philadelphia’s problem."
Full screen recommended.
Bruce Springsteen, "Streets of Philadelphia"

Gregory Mannarino, "AM/PM 12 /21/21""

 
Gregory Mannarino, AM 12/21/21:
"Dystopian C.O.N.T.R.O.L To An Extreme Is Coming, 
Prepare Yourselves"
Gregory Mannarino, PM 12/21/21:
"Critical Updates: 
Another Major Bank Warns, Markets And More"

"Frightened?"

 

"This Is Going To Be A REALLY “Dark Winter” For Both America And The Entire Planet"

"This Is Going To Be A REALLY “Dark Winter”
 For Both America And The Entire Planet"
by Michael Snyder

"Enjoy the times that you are able to spend with family and friends now, because things are starting to get really crazy out there. The official beginning of winter is upon us, and just in time there is a frightening new COVID variant that is scaring the living daylights out of politicians all over the planet. Of course those deeply frightened politicians are going to respond to this new threat just like they have responded to every other chapter of this crisis so far. They are going to spend even more money, they are going to relentlessly promote the injections that the big pharmaceutical companies are pushing, and they are going to impose more absurd authoritarian measures. Needless to say, that means that this is going to be a really bad winter for the entire globe.

On Monday, the Biden administration stunned people all over the country when it promised a “winter of severe illness and death” for those that have declined to get vaccinated. The following comes from the official White House website…"For the unvaccinated, you’re looking at a winter of severe illness and death for yourselves, your families, and the hospitals you may soon overwhelm. So, our message to every American is clear: There is action you can take to protect yourself and your family. Wear a mask in public indoor settings. Get vaccinated, get your kids vaccinated, and get a booster shot when you’re eligible."

Have we ever seen such a bizarre statement come out of the White House? Those words are seething with contempt for those that have refused to do what Biden wants them to do.

Shortly after this statement was released, critics of Biden started firing back. For example, this is what Tim Murtaugh had to say on Twitter…"Going into the year of the midterm elections, the Biden White House has settled on its slogan: “A winter of severe illness and death.” Sounds like a winner.

Actually, it is quite likely that we will see a tremendous amount of illness and death this winter, but it won’t be in the places that Biden is expecting. Just look at what is happening in New York City. Even though the vast majority of the city is “fully vaccinated”, New York has broken its single day case record for four days in a row…"New York state’s vaccinated health commissioner tested positive for COVID-19 via a rapid test, marking yet another breakthrough case as the Big Apple battles a record-breaking viral surge, Gov. Kathy Hochul said Monday as she acknowledged the open seat next to her. Dr. Mary T. Bassett has also gotten her booster, she added.

News of the positive test for the state’s leading health official came the same day the Empire State broke its own single-day pandemic case record for a fourth straight day, with Hochul reporting nearly 23,400 new cases overnight. The lion’s share of those infections come from New York City, where over 15,000 people tested positive, up nearly 50% since Friday."

As Omicron spreads very rapidly in New York and elsewhere, spooked investors are starting to dump their stocks. On Monday, the Dow was down another 433 points…"U.S. stocks slid Monday, continuing last week’s losses, as the rapid spread of the omicron variant continues to worry investors who fear the new surge could hamper economic growth. The Dow Jones Industrial Average fell 433 points, or 1.23%, while the S&P 500 index and Nasdaq Composite index declined 1.14% and 1.24%, respectively. At session lows, the Dow was down 699.94 points, or 1.98%." If fear of Omicron continues to grow, that will be very bad news for the financial markets.

Meanwhile, Commerce Secretary Gina Raimondo is warning that Omicron could make the worst supply chain crisis in U.S. history even worse…"Commerce Secretary Gina Raimondo is concerned the Omicron coronavirus variant will exacerbate pressure on the already stressed-out global supply chain. “It’s way too soon to tell. But I do worry, because we know people are afraid to go to work,” Raimondo told CNN during an interview at her Washington office."

And it appears that a fresh wave of inflation is now upon us. Lumber prices were on the cutting edge of the last wave, and they are starting to go absolutely nuts once again…"Futures for January delivery ended Friday at $1,089.10 per thousand board feet, twice the price for a prompt delivery in mid-November. Cash prices are way up as well. Pricing service Random Lengths said that its framing composite index, which tracks on-the-spot sales, has jumped 65% since October, to $915. A $129 gain this week was the biggest on record, eclipsing a $124 jump in May, when lumber prices crested at all-time highs."

In the midst of such a highly inflationary environment, the Democrats wanted to pass the “Build Back Better bill” and spend another gigantic mountain of money. Thankfully, Senator Joe Manchin has chosen to vote against this ridiculous bill, and that is going to prevent it from getting through Congress. When asked about his vote, this is how he responded

Manchin said, “I’ve done everything possible. And you know my concerns I had, and I still have these concerns and where I’m at right now, the inflation but I was concerned about, it’s not transitory, it’s real, it’s harming every West Virginian, making it difficult for them to continue to go to their jobs. The cost of gasoline, the cost of groceries, the cost of utility bills, all of these things are hitting in every aspect of their life.” He added, “If I can’t go home and explain it to the people of West Virginia, I can’t vote for it. I cannot vote to continue with this piece of legislation. I just can’t. I’ve tried everything possible. I can’t get there.”

I never thought that I would be thankful for Joe Manchin, and I hope that he continues to maintain his courageous stand. But of course other governments all over the globe continue to recklessly borrow and spend money, and that is likely to accelerate in 2022.

We really are on the verge of a historic global economic nightmare, and I really like how Egon von Greyerz recently summarized what is about to hit us…"The moral message is that when chaos hits, the destruction will affect everyone, rich and poor, young and old. No one will escape by power or devotion. The financial, economic and moral devastation which is about to hit the world will for more than 99.5% of the people will come out of the blue like a flash from a clear sky. For most people the coming events will thus be like the definition of the word CHAOS: “A state of total confusion and disorder”…"

Most people blindly trusted that our leaders knew what they were doing. But they didn’t, and now we are heading into a time of extreme bitterness for the entire planet. If we would have made much different choices, things could have turned out much differently. Unfortunately, now we will have to live with the consequences of our decisions, and they will be very painful indeed."