Debt Rattle March 11 2023
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Edward Hopper The barber shop 1931 • Banking Rout Rattles Global Markets (RT) • The Real-World Impact Of SVB’s Failure (ZH) • The US Opts For H
[See the full post at: Debt Rattle March 11 2023]Too much going on, faster and faster. Much is the same-old. It’s like some prank song where you keep adding parts until the song descends into chaos.
At the moment, that’s long-term rolling over action.
https://api.wsj.net/api/kaavio/charts/big.chart?nosettings=1&symb=djia&uf=0&type=2&size=2&sid=1643&style=320&freq=2&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=13&rand=1801980038&compidx=&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1What’re the odds when the Yield curve is the most inverted ever and price/earnings/sales and every other metric are at highs never seen?
“GOP Presidential Field Rallies Around One Idea: Declare Drug Cartels Terrorists”
Great Idea! Since we’ve lost the War on Terror™ everywhere it’s been tried, now we can lose to Mexico as well! It will be the Capstone, the Apex of GOP thinking. Remember kids: “We Win Things By Naming Them.” No bullets supplied.
Article: “Is Georgia Being Slated for Regime Change?”A: Is Georgia a nation on planet earth? Then yes. No need to thank to Lindsay Graham and the boyz, helping all nations to a fiery, violent end is really its own reward.
Banking Rout Rattles Global Markets (RT) “
SIVB? That’s funny; where did FTX go? And Evergrande? So they have zero effect but a third rate State bank does?
Noting elsewhere: the Fed hikes until something breaks. Every time. Either Europe or Yellen (same people) need it to be America that cracks, not Europe. Uh-huh. Well Powell has all the money he needs, and he has all the leverage he needs, and the U.S. banks are in the strongest position. — Shocking, I know. But they didn’t spend 14 years since 08 laundering and scrubbing their balance sheet for nothing.
Okay, let me put it another way: Powell can allow such a fail because over here it can be controlled and endured.
How about a third? The market still doesn’t believe Powell in the slightest. Dow 30k, no forward on rate predictions, market project no recession ever. The Fed has only two tools: free money, and Blarney. If Blarney has zero effect, Powell must get it to be respected again or the Fed ceases to exist, no longer has power. Apparently that’s going to take more than this!
Silicon Valley Laptop class will get laid off, stop harassing the rest of us, and have to do real work? Um, Yay?? However will America survive if we have to fix roads and bridges, plant crops instead of clicking a new TikTok add-on? Instead of playing Candy Crush at work?
“A competent intelligence service would have prepared a detailed story that was plausible and contained enough details to create doubt in the minds of those who accepted Sy’s account.”
They released exactly the story that Trump would have, if he was running a talking Joe Biden puppet, hanging around taking blame. How? I mean once or twice, sure, but every day?
China: “They must immediately withdraw from their unprovoked war and illegal occupation of 1/3 of…Syria.” It’s not illegal when we do it! We put “Black Lives Matter” stickers on those cluster bombs, so those kids are not really dead!
““The pontiff has repeatedly said that his visit to Kiev, on which the Ukrainian authorities have been insisting, is only possible if he is also able to make a trip to Moscow.”
They’re not Catholic, they’re Orthodox, so who cares what the Pope says or does? Nobody else in the world either. And the guy we have isn’t even a Pope. Are they also going to invite a Shinto Priest and a South American Shaman? They have as much relevance. What is it with people and Popes? Can they never give up their “Appeal to Authority”?
“Ukraine blew up a systemically-important asset of a leading country that supports Ukraine?”
Yes, that’s exactly their argument. Why bother speaking? Facts only confuse me.
Georgia: We found one nation on the face of the earth that doesn’t want to commit suicide!!! Naturally a world-wide death cult can’t have that. “You must, MUST be bombed into oblivion and cease to exist like your 100x larger neighbor, Ukraine. That’s just common sense. Now chop-chop you brown coolies and get into those ovens! Hunter’s got coke deals to fund.” Love and Diversity.
“Borrell: EU to Increase Financial & Military Support to Ukraine (Az.) “
Uh-huh. How? And to UKRAINE? Not so France and Germany can back-fill what it at this point a TOTAL lack of army and COMPLETE exposure? The Faroe Islands could conquer Germany right now.
“In 1993, when she was 40 and teaching at La Providence Jesuit high school in Amiens, she met Emmanuel Macron – who was 15 at the time, and a classmate of her daughter Laurence.”
They have to do a transgender thing because THIS IS NO LONGER AT ALL DISTURBING FOR THE WEST.
Nor here either. Hardly a year goes by that some teacher or another in the area resigns without any charges or scandal to marry some student or other they’ve been sleeping with. “You Can’t Judge Me!!” (Or fire you for rape, apparently) “Home of the Free!!!”
I presume all the other teachers and administrators are just jealous, or just don’t want to marry the children they’re sleeping with. Who would? Now I have to marry Sister Margaret, my Chemistry teacher? Brrrrrr. But all the other kids were doing it, so…
…Anyway, this is the state of morality around here. The Church was jsut shuffling priests to new districts and keeping it quiet? Yeah, SO ARE THE PUBLIC SCHOOLS. But it’s okay because that’s government. “Nobody knew nothin’.”
Just following here: On the 22’s. Example: 9/22 British bank run and reversal, 2/22 Bakhmut push and overrun. What’s 3/22 going to be?
“an atmospheric river moves inland, pounding Northern and Central California with a series of moisture-packed storms. According to the National Weather Service, the mountains will experience “copious amounts of heavy snow,” while the lower elevations will experience “significant rainfall.”
Darn that 1,000 year drought! Flooding us AGAIN??? When will this drought ever end?
Didn’t we just have this in Australia too? 1,000 year drought where the rivers flooded so completely that crocodiles were in the streets? When will people finally believe Global Warming Scientists? Do we have to wait until fish are swimming in the bath?
Thanks to Science™ which is never paid by nobody of course, all these “record rain” “record snow” areas are ALSO still listed as “Emergency drought” locations. Rain = Drought.
Darn Science deniers. I just can’t understand why nobody takes The Mister Science seriously anymore.
Reviewing yesterday:
The CTH theory is correct. I didn’t know people didn’t know it, although I myself didn’t know the details to this level. What is “it” for TAE readers?
The DNC/Derp State didn’t give a rip about how fake the election was. Because they were never going to allow a legal review. The faker the better. Remember Joe didn’t run, was locked in a closet all year and couldn’t fill a Starbucks? No problem. They had pre-arranged a disruption in the Capital on the day of confirmation of the electors, so that if anyone raised objections – and they would – Congress would evacuate due to “Trump Insurrectionists”.
Here are the details though: As 100% of all the evil weasels are lawyers, they think like lawyers. So like “having immunity for vaccine injury” they have the FIRST person present and floor standard, boring legal objections to certification, and THAT MINUTE evacuate the whole CITY, declaring an emergency.
Then when they reconvene (in Congressional terms a few minutes later) not only is everyone remote, locked down, whose cameras can be pulled, but have an armed Pelosi policeman standing next to them and their family “for their protection.” BUT, the “reconvening” session is under direct authority of Pelosi and follows none of the normal Congressional rules, as it’s a “National Emergency”, run by her personally — sort of a “continuity of govt lite” — and no one tables the election objections.
So the States’, the Representatives’ objections are both tabled, and not tabled. They are both presented, and not presented. So when they go back to the Supreme Court, they can say BOTH “we had no objections” and “we dealt with all the objections.”
So it is certified, no one stops them, slick as a pig.
Great! So what’s the problem?
One: THERE WAS NO EMERGENCY. The bomb never went off, remember? What else? TRUMP WAS MILES AWAY AND STALLED HIS SPEECH BY HALF AN HOUR. By Tooooootal coincidence. Therefore, none of Trump’s people were anywhere near the Capitol yet. What does he say? “When we get over there, it’s a-gonna get wild.”
But they’re not stupid and never count on others to act. That’s why they needed to hire Shaman-man and escort him through the quiet and orderly building. His appearance can’t be missed in the confusion, and they pull him in whenever that “one minute” of the State’s objections occurs along with his buddies: Mr. Communist hand-tattoo and an entire press corps who WATCHED Shaman be escorted by police and said nothing to the public about it for two years.
Poof! Mr. Shaman’s fancy dress – like dressin’ up like Injins on the Boston Tea Party – scares the pearl-clutching right off Congress and they evacuate. He stops them from taking that extra muffin in the break room, and. They get the camera shots that – yes, in fact the Congressional floor was evacuated – everyone politely puts down the papers and goes to Applebee’s for dinner. …You know, like terrorists and insurrectionists do.
Great! Okay, where are we? Oh yes, summed up in this comment on the comment:
Anonymous Conservative Commenter says “If this theory is correct, it again implies our side is so incompetent, weak-willed, cowardly and ineffective that they just took it like a bitch and allowed it to happen. The entire threat was gammas playing word magic and saying “uhm actually I made a new rule that says I win, you lose, so you lose Trump lololololol” and literally NO ONE said “f–k the rules, we’re examining the fraud despite your crying.”
Uh, yeah. If I were the Supreme Court, I’d laugh this stupid attempt right out of the country. Look, if the motion to review the vote was EVER tabled, it’s still tabled and wasn’t dealt with. If it was never ALLOWED to be tabled, you are ALSO in clear violation. Bye-bye.
Now that’s easy to SAY, as I remind all the time, it’s not WINNING that’s the problem: it’s not starting an open Civil War that kills 30 million people in 3 months. Having a complex legal tangle when some minority of the people – even 20% — actually believe it doesn’t get us clear of a shooting war.
And Pelosi’s plan – and Trump’s actions – made her think there would be hot synergy as he commanded the Generals to take and occupy D.C. and its fencing. She still thought so months later. That would have merged nicely with this plan would it not? But that would start their true heart’s desire: an open shooting war, and what next? No Russia problem, no Europe problem, and selling the West Coast to China. It “secedes” as Podesta said, like the last Civil War they tried – and actually the first, the “Revolution” — and states alone are easy pickings.
But none of that happened, did it? Trump knew, no bomb, no Trump crowd, no generals gave orders, heck as we mock them all day here, no “insurrection” at all. Not even an IN-plausible one.
Great! Next problem: so how do you get back on track? With the objections?
Brunson’s Case the Supreme Court was so interested in. This may be why they ignored all others and are hot-line to some rando-citizens on this one. A “Normal” objection wouldn’t work as Derp would play the “Schrodinger’s Objection” card. Brunson ignores that. However, the court may see some detail they are trying to get Brunson to add that they haven’t added yet. Or not. It’s an odd thing. But it DOES get around the whole problem, right?
Derp hammered their stake in the ground on this ONE location. Brunson just says “People who are slimeball weasels who refuse to uphold the Constitution are in breach of office and must be removed.” We can prove objections existed, weren’t followed, and poof! 200 Congressmen walked out by the bailiff.
But back to the shooting war: Unless we can seed the ground that the J6 was a load of hot hooey, the common person won’t go along with it. Even with Trump it seems giving Joe his marching orders since it’s hard to see how Joe does anything I wouldn’t have him do. Get 25% unemployment and 15% inflation? Abandon F-Stan? Lose Saudi? Bail out of the Ukraine war? Trip on stairs? Set off Chernobyl and give $150B to foreigners? I can’t see how he could be made to look stupider or less supportable, YMMV.
So now even the Left won’t support Joe, another 2 years for the common Democrat to notice he’s hostile to Unions, environment, and life itself. (probably not long enough. Nothing can break the hypnosis of the laptop class)
Now when Tucker slowly demonstrates J6 – AAAAAND Fauci’s Vax – what happens when USSC says “Joe and Nancy suck, remove them”?
Well the Derp State is still there with 100,000 protesters on command like Tsibli, but hopefully nothing. That’s why it takes this long.
The last war took between 8 and 20 years. From Otis or Philadelphia to Yorktown. Most of that war was no fighting but Washington simply “not losing”. Same here.
Today’s news? “Defendant Moves To Dismiss Jan. 6 Case Based On Newly Disclosed Footage, FBI Testimony
“It establishes that the Senate chamber was never violently breached, and—in fact—was treated respectfully by January 6 protestors…”Now you can see why that’s a problem. And you can see why J6 committee spent two years fabricating the opposite reality. If judges start dismissing common trespass cases of guys being escorted by policemen (paid male escorts) then it’s ever-harder to support the rest of it when it hits USSC.
Christ 2024
Like Christ has stopped/ended any wars: Christ is the main cause of wars. When has Christ solved a problem, look at Israel, the home of Christ, did he solve the Palestinian problem? No. Christ left the Palestinians to suffer under the control of the Christ colleagues, the Jews.
Only the US Americans believe in this “Christ” shit, we used to get their evangelists (other name for high class beggars) in Africa, people like Pat Robertson, Jimmy Swaggart, J Duplantis, Oral Roberts, Katherine Khulman and othres. They would tour the country getting super-poor people to donate money to them and subscirbe to their regualar donation schemes. Oooops, I forgot Billy Graham, the world’s worst beggar. All pieces of shit, I watched all of them, dragged there by my enthusiatic dad, but they were all just trying to get cash in return for you speaking in tongues: idiots. The USA produces some weird shit, evangelists were just a taster, the people we see now are something else. As for Christ in 2024: you really think this will change things or are you having a wank?
Ooops, forgot to mention Oral Roberts, he was another of the beggars … I am sure many more will come to mind, so I will decline to post a new comment for each one I omitted.
I really like this Korybko guy. For one thing, he knows how to turn cogent thoughts and data into sentences that don’t take a semanticist-turned-conman to translate into English. He’s damned near unique!
With all due respect (and I do highly respect most of your input, when you’re not overwrought) you don’t know very much about the often cited (but rarely accurately represented) Jesus. If you REALLY dig, and separate the sales and marketing hype (both pro and con, and from NUMEROUS heavily vested organized religious “interests”) from the actual historic data, then I think that you . . . yes, even you, hyper skeptic that you seem to be . . . . will have a lot more respect for the guy. Jesus was a good guy, aspnaz, and as wise brave and honest as they come. For real. That’s why even the adulterated version of his message has lasted so long and will continue to do so for as long as there are people to hear it. Once you hear the core message of his advice, you will agree with it, and you will never forget.
• The Real-World Impact Of SVB’s Failure
Well the first Schadenfreude is knowing that the Techtard® wokefolks have lost a shitton of there own personal assets.
Average account at $4 million, FDIC insured limit at 250K.
Sweet
The Techtards® never tire of their smarmy zeitgeist of how much smarter they are than all ‘the little people’.
This must feel like one swift kick to the groin.
Hahahahaha!
And the bank calling the cops on depositors showing up at the bank’s front door worried about their wads of cash.
Hahahaha!
Oh please can I have my money back, pleaseee!
Great selection of reading material, by RIM, for the weekend
Leverage Lesson
• Banking Rout Rattles Global Markets (RT)
deposit withdrawals
• The Real-World Impact Of SVB’s Failure (ZH)
“uninsured” balances at SVB – those above $250K – are in jeopardy.
unable to make payroll next week.
Expect mass layoffs later today, Monday at latest.
———-
” threat perceptions of the US”..”
• US Must Pull Troops Out Of Syria, Stop Marauding – China (TASS)
• Russia And China Dominate Washington’s Mindset (Gupta)
Xi’s goal – to become powerful enough by 2027 to ward off any US-led intervention in the event of an armed conflict over Taiwan.
———–
Ukraine is being “sacrificed” for the geopolitical “obsessions” of the US.
The Irish MEP said the only people benefiting from the conflict were “weapons manufacturers and Western corporations,” which he claimed were “buying up Ukraine now for a pittance.”
• Irish MEP Blasts West’s ‘Criminal’ Approach To Ukraine (RT)
————-
Sanctions failed. Here’s what’s next: your money.• Borrell: EU To Increase Financial & Military Support To Ukraine (Az.)
—————-
3,000 delegates voted for Xi Jinping but it doesn’t count.
Voting only counts when the USA says so. (for, by, of, the people)Oh how will we as an Empire of Lies® ever live without Techtard® AI censorship, predatory monopoly, boundless hypocrisy, and smug hubristic condescension?
The Pricks & Twats of Siliconjob Valley® can eat dirt and die, they are the true parasites of modern life.
I wonder how they will function in the alternate version of Brave New World
Hey, how’s the Wifi out there in the Death Valley?
@ Dr D Rich,
Thank you for taking the time to respond and clarify.
Between swinging a hammer all day to pay the mortgage, and taking care of the chickens and goats, I find myself unable to do deep dives on every issue. The Turley piece caught my attention, so appreciate the further thoughts I can mix in with my own.
It’s amazing and humbling the breadth of knowledge, experiences and subjects covered in the comment section at TAE. Wonderful. And from all over the world.
Another debilitating stroke in a healthy 41 year old just outside “my circle”. The neighbor with three blood clots hanging in…another guy with the gas company still on disability w blood clots in his leg. A friend in town moved her 93 year old mother here, but left her accounts at SVB. These “events” affect us all the way down here in the “hollers” of Appalachia…
Siliconjob Valley Bank is like a thermobarbic strike on the Techtards®, on an even greater scale than FTX founder Sam Bankman Fried, Shaked and Baked pulled off.
The Techtards® have once again had their collective knickers pulled down around their ankles in public for all gaze upon in wonder.
SVB belts it out like a hallelujah chorus, “Run for your life bitches, the sky is falling!”
The Macron thing was 14 years after they met; there is no reason to assume impropriety. However, it is odd that a 29-year-old man would marry a woman 25 years his senior unless she was extremely wealthy.
Just got through my second bout of Covid. 29 months after the first time. I decided not to take any analgesics (unless the headache became unbearable) because I wanted to allow my immune system free reign to burn it out with the fever. The fever ranged from 99.5 F to 101.9 F for about 24 hours. I spent most of yesterday falling asleep. Around 11 pm last night the headache was worsening, but I could feel that the fever had broken, so I went ahead and took acetaminophen. Today, I am mostly back to normal. (Some “head cold” symptoms remain.). Annoyingly, true to form, my sense of taste and smell has been affected — breakfast yesterday tasted a lot better than breakfast today. I am grateful for an immune system that can handle a bioweapon. (I am agnostic, so if there is some sort of beneficent power or entity out there that also deserves my thanks, a hat tip that way as well.)
Apropos of exactly 40 years passed.
Commandant of the U.S. Marine Corps
General Barrow on Israel and the IDFers“Letter from Marine Commandant Barrow to Defense Secretary Weinberger
The following is the complete text of a letter from General Robert H. Barrow, Commandant of the U.S. Marine Corps, to Secretary of Defense Caspar Weinberger. General Barrow sent a copy of the letter to the Chairman of the Joint Chiefs of Staff.”
March 14, 1983
Dear Mr. Secretary:
I must formally register my deep concern over the two unprovoked incidents in Beirut of this past weekend involving Marines of the Multinational Force and members of the Israeli Defense Forces. I had considered commenting on earlier incidents between Marines and the IDF but corrective measures, which were rapidly implemented in February 1983, appeared to defuse the situation. I can no longer remain silent on this continual problem of provocation from the IDF.
In addition to the U.S. MNF incidents, I have received information concerning serious harassing incidents by the IDF of U.S. officers attached to the United Nations Truce Supervisory Organization (UNTSO). These particular incidents involved USMC and USA officers in life-threatening situations, replete with verbal degradation of the officers, their uniform and country. Unfortunately, and of greater concern to me, incidents of this nature are the rule, rather than the exception.
It is evident to me, and the opinion of the U.S. Commanders afloat and ashore, that the incidents between the Marines and the IDF are timed, orchestrated, and executed for obtuse Israeli political purposes. The U.S. has been prompt and forthcoming in defusing previous problems and has established a viable communications procedure between the Marines and IDF. The IDF, however, persist in creating serious incidents.
I am distinctly proud to have Marines participating both as members of the Multinational Force and with UNTSO under the auspices of the United Nations. It is inconceivable to me why Americans -serving in peacekeeping roles-must be harassed, endangered, and degraded by an ally.
Previous demarches and diplomatic initiatives have not eliminated difficulties between our Marines and the IDF. Additionally, the expansion of communications links and the use of Liaison Officers will not preclude additional problems, unless the attitude and actions of the Israelis are altered. It is time for firm and strong action, to demonstrate to the Israelis that a role as a peacekeeper does not presume weakness. If anything, the Israelis should respect our efforts in this region.
Warm personal regards,
Sincerely,
R. H. Barrow
And two brothers, I knew, one a high school rival and his brother an upper class man at USNA.
https://archive.triblive.com/news/marine-colonel-retires-with-30-years-of-faithful-service/
Chansley may have been duped by the FBI, but his actions were genuine. If he were duplicitous, (like Ray Epps,) then Chansley would not be in prison.
“If this theory is correct, it again implies our side is so incompetent, weak-willed, cowardly and ineffective that they just took it like a bitch and allowed it to happen.
Because the “sides” — no matter what the masses may believe — are not Republican vs. Democrat. They are a “uniparty.” Sure, there are a few legislators from each major political party who are not fully in step with the uniparty. Trump is not fully in step with the uniparty.
The true sides are The Elites + The Uniparty + The Intelligence Community vs. The People.
The Future
by Leonard
Things are gonna slide,
Slide in all directions
Won’t be nothing
Nothing you can measure
AnymoreThe story about Brigitte Macron suing XYZ for defamation, the article from RT, top post, gives the essentials, and is correct.
The story, the fantasy is, Brigitte Macron is transgender, she is her brother with a new identity, she never had 3 children, and all this kinda-proves the Macron couple are creepy weird, Macron is gay, or was gay, whatever..
Some self-proclaimed ‘journalist’ – active on social media, Youtube, put the scandal out there. Looking for fame, perhaps, or other (paid), idk.
The theory became extremely popular, and didn’t die down for a long time. Still quite present, imho.
Support for the story comes from the fact that Bibi’s brother, Jean-Michel Trogneux, has disappeared, without dying, moving abroad, etc., as far as can be ascertained.
The Macrons have not spoken about Jean-Mi and he has not come forward. If you see signs in F protests, *Où est Jean-Michel?* that is the reference.
The story is nonsense as records show Brigitte had 3 children, they are all alive, etc. No alternate ‘mother’ of those 3 can be identified, though some attempts were made. (Her first husband, a banker, died recently.)
The establishment media, including tabloids and some ‘alt’ news, who publish ‘allowed’ gossip, rumors, even very scuzzy stuff, not denied or only occasionally so in a ‘fake’ outraged way, were appalled that an unknown provincial b*tch and the internet could garner so much attention, stealing it from them and affecting their revenues..
The Macrons are very tight with the pic-MSM (Paris-Match and the like, who blatantly worked to get Macron elected) and this was surely a jab at the MSM, showing amateurs to be serious competition in clicks, hype, internet buzz. Forcing the MSM to treat it, as everyone is talking about it. ..
MSM https://bit.ly/3ldPd8Z – see pic, J-M is the small boy on the left
Brigitte sueing is a sign of weakness of the F Gvmt. Who advised her to do it idk, why Macron allowed it idk. Bad move.
This is just one minor example of why “W” Gvmts. are desperate to crack down on the internet, going for disguised censorship under a ‘safety’ rubric, scaring ppl about fake news, porn, harm to children, etc. (See the UK.)
Luckily none of the money is real, so the huge losses incurred by SVB are just fictional. The Fed can ‘print’ money faster than any bank or hi-tech company can lose it, since the whole caboodle is just a huge abstract construction.
Confidence is also abstract construction. But when that’s gone it is somewhat harder for the Fed and the other criminal organisations that constitute finance and government to ‘print’ than to ‘print’ fictional money.
George the Scrub and his side-kick Maul-some standing outside the Whiter-than-white House in 2008: “You need to give us $760 billion, for purposes we cannot define at this moment, otherwise the American economy will collapse and there will be mass unemployment and widespread suffering.”
Without energy, nothing happens.
With too much energy, too much happens.
The last time the US seriously meddled in Georgia, via its puppet Shonky-villain, Georgian military forces ended up invading two separatist regions to the north and killing Russians.
Russia was highly displeased and sent sufficient military forces to deal the Georgian invaders and take over the country. From memory it took about two weeks, once the Russian got moving. Shony-villain fled, of course. I cannot remember whether it was to Florida or Brussels.
Having sorted the military aspect, the Russians then removed all the military equipment that could be removed and blew up anything too large to remove.
For me, that signaled the end of American military might, since the US did nothing in response. That was 2008.
I really am surprised the US fascists would try again. Absolute desperation, I guess. Repeat what has already failed spectacularly.
Monday (Tuesday, Airstrip Five time) will be very ‘interesting’, now that Ponzi is visibly failing in a spectacular manner yet again.
The China brokered deal between Saudi Arabian and Iran is huge
The Russians also contributed greatly to this Big Win. Most Excellent!
Iran behind the scenes has agree not to pursue nuclear weapons as part of the deal. Most Excellent!
This isolates Israel and removes their kvetching about Iran being a threat with nukes. Most Excellent!
Isolates the Empire of Lies® in the Middle East further and diminishes it’s influence generally. Most Excellent!
China and Russia are diplomatically going to get the Big Win for sealing a deal between Turkey and Syria. Most Excellent!
This will leave The Empire of Lies® and it’s regional Toadies and it’s thieving, underhanded troops in NE Syria on very thin ice and in danger. Most Excellent!
The Saudis and Iran will join BRICS, further kicking the dollar in the gonads. Most Excellent!
The war in Yemen will wind down. Most Excellent!
Trade throughout the region will grow immensely, without the criminal Collective Colonial West extorting a piece of the pie. Most Excellent!
The Chinese know how to do diplomacy! Most Excellent!
The Empire of Lies® doesn’t, it only knows how to issue ultimatums and warnings and lecturing about ‘human rights’ and gender pronouns and fake climate change and the Majority of the countries in the world are sick of it. Most Excellent!
To counter the Chinese ‘threat’, words of wisdom from our Supreme Leader:
“Controlling The Channels” is up https://drjohnsblog.substack.com/p/controlling-the-channels
Tessa (Fights Robots) Lena, The primary goals of the internet have always been surveillance and control. Today, it is merely following its original design.
Story at a glance:
Amid attacks on the First Amendment, Missouri v. Biden could be one of the most important civil rights lawsuits of our times
While today’s obnoxious surveillance and censorship are new, they are a feature of the Internet, not a bug
Internet (originally ARPANET) was born out of a Pentagon surveillance and counterinsurgency project
It was implemented by ARPA, a DoD research agency that we know as DARPA
Now, let’s go down the rabbit hole. To me, it’s funny and not funny to think about the interwoven Russian doll of state and corporate mob-like control — even under the best of political conditions — and certainly under the conditions we face today. You peel one layer of domination — and instead of the true freedom you were craving, you find another.
You painstakingly peel the next one, hoping for freedom this time, but then you discover yet another layer of domination, under a different logo. It’s like when the Soviet Union finally crashed when I was a kid, and — on its ruins — the children of the communist leaders became the oligarchic leaders of the land.
And so, in our good hearts, we hope that state authorities will protect us from excessive corporate greed, and we hope that free market will protect us from the state boot — but then we look closely, and we realize that we were born into a world run by a collection of mobs — state and corporate mobs of different kinds — and that we are very lucky citizens when we are not in the crossfires of mob wars and can go about our daily lives without being stomped.
To me, this realistic observation was a moment of great humility and existential clarity. This is how this world is right now…
..The Internet came out of a 1960s Pentagon project called ARPANET. ARPANET was a counterinsurgency, communications, and surveillance project developed by the Advanced Research Projects Agency (ARPA) and based on the idea of “Great Intergalactic Network,” a futuristic-sounding term coined by J. C. R. Licklider, nicknamed “Lick.” Lick was an American psychologist and computer scientist and one of the “founding fathers” of interactive computing.
We all know ARPA as DARPA, the creepy DoD agency behind the Operation Warp Speed. ARPA was originally formed in response to the shock of being “beaten” by the USSR in space after the USSR launched its Sputnik in 1957.
https://takecontrol.substack.com/p/internet-surveillance-and-censorship BREAKING – House Votes 419-0 on a Limited Hangout Bill that Requires Director of National Intelligence to Declassify All Information on the Origins of COVID. The bill now requires Biden’s signature.
https://www.2ndsmartestguyintheworld.com/p/breaking-house-votes-419-0-on-a-limited
Thanks Luc, but will they look at what happened at Ft. Detrick Md. in the summer of 2019? Probably not that.
https://www.johndayblog.com/2021/06/fort-detrick.html Mediated By China Iran And Saudi Arabia Restore Ties – There Are Winners And Losers
Congrats to China for nudging this deal forward and making it possible.
The winners are:
Iran, which will now be even more able to break through the sanctions wall the U.S. has put up around it.
Saudi Arabia, which now will likely be able to end its disastrous and costly war on Yemen.
China, for outplaying the U.S. State Department by achieving this.
Iraq, Syria, Yemen as they will become more peaceful as the two middle powers influencing policies on their grounds end their rivalry.
The losers are:
Israel, because the chances for its attempts to get the U.S. into a war with Iran are now diminished. Its hoped for coalition with the Saudis will not come into being.
The U.S. for having been outplayed on its traditional ‘home grounds’ in the Middle East.
Anti-Iran hawks everywhere.
The Emirates for losing at least some of the sanction busting trade with Iran to Saudi Arabia.
https://www.moonofalabama.org/2023/03/mediated-by-china-iran-and-saudi-arabia-restore-ties-there-are-winners-and-losers.html#more More about India’s pivot in global trade and finance, from Tom Luongo, looking at George Soros attacking Narendra Modi for not playing the game. Thanks Eleni.
India: The Next Front in the War on the BRICS
This brings me back to India as the wildcard. Modi’s journey from a guy with one foot on two islands (East v. West) to planting his feet firmly with the East has been an interesting and vital one.
If we’ve learned nothing else over the past year of war in Ukraine it is that most of the world is unphased by threats by the US by the countries I’ve just discussed. Iran clearly doesn’t care. China understands that if Russia falls militarily, China is next. Saudi Arabia and the rest of OPEC+ understand who their future trade partners really are.
This is why India is now in the crosshairs of Davos. They are the last major power in the region left to stymie Asian integration.
Reports circulated the same weekend as the Munich Security Conference that none other than George Soros was behind the attacks on PM Modi through a report from Hindenberg Research. They targeted one of Modi’s big financial supporters, Guatam Adani. The War for the Dollar is Over, Part 2 , Tom Luongo
More than a decade ago I looked at the responses to President Obama cutting Iran out of the SWIFT system as the beginning of the end of the petrodollar system. The goal was to take Iran out of the global oil markets by shutting Iran out from the dominant dollar payment system.
Out of necessity Iran opened up trade with its major export partners, most notably India, in something other than dollars. India and Iran started up a ‘goods for oil’ trade, or as Bloomberg called it at the time, “Junk for Oil.”
The stick of sanctions created a new market for pricing Iranian oil and a way around the monopoly of US dollar oil trading. India, struggling with massive current account deficits because of their high energy import bill, welcomed the trade as a way to lessen the pressure on the rupee.
Iran needed goods. They worked out some barter trade and the first shallow cuts into the petrodollar system were made.
Turkey eventually joined the fray, seeing the opportunity to act as a middle man by accepting gold into its banks from Iran’s customers and settling up with Iran in dollars or whatever…
..Every time the US went to the sanctions well to coerce conformity, the more “star systems slipped through its fingers,” to quote Princess Leia. While we joke today about never ‘going full retard,’ this is just another way of saying that you should never threaten to nuke someone either.
Trump went sanctions nuclear on Iran in 2018. He failed.
“Biden” and Davos went nuclear on Russia in 2022, going further than even Trump. And they failed even harder...
..Powell can see the de-dollarization writing on the wall and he knows now is the time to slow down that trend and find a way to make the dollar more trustworthy..
..But ‘the help’ are no longer helpless in the face of a big bully US dollar. They have a plan and they are executing it. That plan clearly involves the return of gold as the asset to balance the trade books to rebuild global trustThe War for the Dollar is Over Part II: The Fly or the Windshield?
Andrew Korybko has a follow-up article on India’s diversification away from the $US in trade, particularly energy trades. Energy intermediation , refining and repackaging have been a growth industry for India in the last year. India’s methods are readily applicable to other “developing countries”.
https://www.theautomaticearth.com/2023/03/india-takes-a-leading-role-in-de-dollarization/#post-130995 Record Bank Run Drained A Quarter, Or $42BN, Of SVB’s Deposits In Hours, Leaving It With Negative $1BN In Cash
Despite the bank being in sound financial condition prior to March 9, 2023, “investors and depositors reacted by initiating withdrawals of $42 billion in deposits from the Bank on March 9, 2023, causing a run on the Bank.”
As a result of this furious drain, as of the close of business on Thursday, March 9, “the bank had a negative cash balance of approximately $958 million.” https://www.zerohedge.com/markets/record-bank-run-drained-quarter-or-42-billion-svbs-deposits-hours-leaving-it-negative-1bn”Worst Since Lehman”: Banks Break The World Again
SVB’s collapse – the second biggest US bank failure in history – dominated any reaction to this morning’s mixed bag from the BLS (hotter than expected earnings growth, rising unemployment (especially for Latinos), better than expected payrolls gains).
https://www.zerohedge.com/markets/worst-lehman-banks-break-world-again Charles Hugh Smith has this about the Silicon Valley Bank bankruptcy.
Now Silicon Valley Bank has collapsed, at least in part due to doomed tech start-ups withdrawing their remaining cash to fund their last-ditch survival as the entire start-up space faces an “extinction event,” as future funding from SPACs, venture capital firms and banks dries up.
A Silicon Valley insider called me yesterday to report that the failure of SVB was very likely to trigger a severe stock market downturn, as this indicated a decline in both Financials and Tech, the two sectors that have led every Bull Market since the 1980s (and arguably, since the 1960s).
The consensus among financial analysts holds that the Federal Reserve will quickly reverse course and drop interest rates and restart monetary stimulus (QE). I have argued that the assumption that the Fed will once again “save the stock market” is a misreading of the situation, which is now entirely different from 2000 and 2008-09.
I explained my rationale in What If the Whole Point Is to End “The Fed Put”?
http://charleshughsmith.blogspot.com/2023/03/what-if-whole-point-is-to-end-fed-put.html
In essence, the Fed must refuse to “save the stock market” to eliminate a very destructive moral hazard, i.e. stock market gamblers have been rewarded for taking hugely risky bets because they have been assured the Fed will always rescue the markets.Pepe Escobar has a piece about what a hypothetical “newcoin” for international trade would look like functionally, and what the constraints would be.
”The new currency should be able to become an “external money” storage of capital and reserves down the road, not just a settlement unit.”
This would be a trade currency only between participating nations, 40% backed by gold, which countries would purchase initially with their own unencumbered physical gold reserves, after allowing their own national currencies to establish a trading equilibrium with gold.
Following that, the “newcoin” would be backed 40% by gold and 60% by a basket of the national currencies of the participating countries, allowing those countries flexibility with their creation of currency, but having the leash that their currency would decline against the “newcoin”. There could also be further draws upon their national gold reserves in some scenarios
This would apply gold-discipline to the trade and fiscal policies of participating countries. It would effectively be a more sophisticated and flexible gold standard, but with firm limits. The statement above implies a fixed value, that this would be a gold-like store of value, not merely a currency for transactional settlements.
Escobar did not likely make this up. He is being given very good information, without attributing it to his sources.
There is a picture of Putin and Xi. They are presumably going to discuss peace talks in Ukraine next week, when they meet in Moscow.
Will they have good news about peace? Ukraine is integral to belt-and-road trade logistics.
Will they have “newcoin” news?Moveable Multipolarity in Moscow: Ridin’ the ‘Newcoin’ Train
Meryl Nass MD cross posts this from David Bell, What the WHO Is Actually Proposing
Briefly, there are 2 parts, a treaty “update” and new legislation for national funding of the WHO program. Both are compulsory, not voluntary, and there is no mechanism for democratic checks and balances at any level, merely compulsory compliance with technocratic decisions, expressed as mandates, which have very broad flexibility for the head technocrat. This is technocratic tyranny.
There is a percent-adoption barrier at the UN/WHO, which must be met for these to be adopted. If not specifically rejected in 6 months by a country, then it is presumed to have accepted the treaty change, and will be expected to comply financially, and when prescribed any action, such as lockdown.
Restrictions on free-speech opposition to mandates are specified as a condition which is expected at baseline in any participating countries.
https://merylnass.substack.com/p/what-the-who-is-actually-proposingPreparing Your Kitchen Garden is a 21 minute video presentation by myself, provided last week to Children’s Health Defense, as part of their Attack on Food Symposium. Food Security begins at home.
There are links to blog posts containing all of the information discussed.
https://live.childrenshealthdefense.org/chd-tv/events/the-attack-on-food-symposium/attack-on-food-john/
The flexible succession-rotation gardening plans are here:
https://www.johndayblog.com/2016/07/liberty-garden-central-texas-climate.html@Phoenixvoice:
I am glad that you are convalescing quickly.
Your use of acetaminophen was conservative and appropriate.
I presume you keep your vitamin-D level in a good range.@Dr D Rich: And the letter you copy above was written about 6 years after the merciless USS Liberty attack by the Israeli Air Force. Supposedly the Israeli pilots radiod to the command that this was an American ship with a large flag, and their orders must be mistaken, but they were ordered to proceed with strafing, missile and torpedo attacks. They did. LBJ “wanted that S.O.B. at the bottom of the ocean”, as later quoted. He forbade USN aviator support for a half hour. The Liberty just didn’t sink.
This was reportedly a botched false-flag, which was to have given a cause for the US to attack Egypt with nuclear weapons.
The problem was that Israel had obliterated the Egyptian air force before the Liberty could arrive, having attacked a few days early.
It became implausible that the Egyptians had done it, and Liberty survivors (oops, they were supposed to be dead) clearly saw that Israeli planes attacked and strafed them for an extended period of time.@D Benton Smith: I may be mistaken, but my impression is that Aspnaz’s dad was an Anglican minister or priest of some standing, and outside of the UK. I’m sure to be corrected if I am wrong.
My maternal grandfather and paternal grandmother were both children of clerics, and neither was favorably influenced by that, not towards organized religion. It seems to have driven them both to seek truth somewhat outside of the teachings they grew up with.
“Christ” is a Hebrew form of the word denoting anointing with oil, a ceremony of reverence and honor. this was traditionally done to statues of Apollo in the temples of Apollo. I have seen that it was sometimes a sexual anointing.
I learned this something close to 30 years ago, and it always grabbed me differently when George Bush would crush the word “Christ” in his mouth as he forcefully emphasized it.
@ oroboros
I don’t typically feel like placing myself into boxes. I usually find that after a while they don’t fit.My brother-in-law works for SVB. Or…he did. He hasnt had confirmation, but he fully expects to be officially unemployed by Monday. He has a wife and five kids, ages 17 down to 5. My sister is a stay-at-home mom. Fortunately, they had saved up a nice sum to do an addition on their house but hadn’t yet found a contractor, so they have savings. I suspect that there are going to be a lot of out of work bankers looking for work.
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