Debt Rattle May 2 2023
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May 2, 2023 at 8:50 am #134486Raúl Ilargi MeijerKeymaster
Mark Chagall Self portrait 1914 • Russia Launches Large-Scale Attack On Ukraine’s Military Industry (RT) • Russia’s Attack On Pavlograd Deprive
[See the full post at: Debt Rattle May 2 2023]May 2, 2023 at 9:53 am #134487RedParticipantAhh Hitlary! I’m starting to realize what it may have been like to live in 1930’s Germany and be able to see through the lies of your government. While most around you could not or would not. Has the west become the Third Reich? Or something very similar? Trust!? Has it been successfully destroyed? Who do you trust? Is it the exact same group of people that you would have trusted five years ago? Who amongst them would rat you out now if they were so directed by some .gov directive? We, as all have, live in interesting times. It’s just the reasons for them to be interesting that can change the kind of interesting they be. Which of the people living in your extended community will take up the side of ruling classes? I expect most still wearing masks should be high on that list as anyone still believing in Russia gate.
Now you know why liberals frighten me more than Donald Trump ever has. Trump is at bottom a passing bimbo. These people are malign and deadly serious and not going anywhere.
Hillary Clinton’s victory in 2016 was intended to consolidate the liberal ruling class’s preeminence. It was her unexpected defeat that prompted liberals to lunge in defense of their hegemony by “fusing the U.S. national security infrastructure with the social media platforms, where the war was being fought,” as Siegel puts it. This meant “harnessing every sector of society under a single technocratic rule.”
Liberal totalitarianism, anyone?
May 2, 2023 at 10:25 am #134489aspnazParticipantMonsters
Those are the front men, the puppets, they have no more power than an ant. The people who put them in their positions are the people with power, but do you notice how even the alternative media is afraid to go after the real culprits, the billionaires who are running this show. Until that attitude changes and we start to see the real culprits, they can just replace the puppets with new ones and nothing behind the scenes will change.
May 2, 2023 at 10:45 am #134490aspnazParticipantIn Acquiring First Republic Bank, JP Morgan Has: …
Shows you that even the American government and bankers think the USD is trash and that the rules surrounding the currency do not deserve respect. Here in Hong Kong this is an interesting situation as the Hong Kong dollar is pegged to the USD, 80 HKD to the USD. What will China do when the USD slowly collapses and people in Hong Kong start losing out with the USD bringing US inflation to HK? The HKD is only really interesting from a business perspective, most locals here in HK have a fair amount of their money spread across different countries: China, Taiwan, Japan, Canada, Australia, NZ, USA etc. The Chinese are financially savvy, they know that they need to protect their money from governments.
May 2, 2023 at 11:00 am #134491oxymoronParticipantOroboros – thanks for the weinstein feminism interview last night – brilliant and fits with a great deal of how I feel about progress and women (and men)
Michael Reid – fantastic shares of quality articles also.
John Day – keep it coming
All the rest – God BlessMay 2, 2023 at 11:02 am #134492Dr. DParticipant“JPM CEO Says “System Is Very, Very Sound” After Second Largest US Bank Failure In History”
There is nothing you can say to that. And 3 of the top 20 banks are now gone, plus FTX, for a 10% drop in Capitalism. That is: Competition. 10% more monopoly, and no doubt 10% closer to no alternative when they CBDC us. Okay man, but remember, Capitalism and the Black Market remain undefeated.
“Pope Says Vatican Engaged In Secret Ukraine Peace Mission”
Vatican is a dismal failure and a useless organization. Yes, we know.
“ “Bans” on sexually explicit books are “harmful” to children” –Chelsea Clinton, another dismal failure.
I presume from the logical foundation here, that the only way to properly and responsibly educate children about sex and sexuality is to show them pornographic material, (already done) then undress as the teacher (already done) explain in great detail your own sexuality and desires (already done) and then push the children up against the chalkboard pull down their knickers, and give them a demonstration. You know, to make sure they get it right and really know the material hard. (Already done in school regularly but not yet legitimized)
If not, IS there any point at which an adult SHOULD stop? Let’s start with that. Is there ANY age that too young for sex, or is zero the age of consent like the UN says? Can I BE offensive enough to make my point?
“Colorado: 27 Democrats Vote Against Making Flashing Kids A Felony”
Daily. What’s the rush? Kids not sexualized enough in the 2020’s? The Internet and Smart Phones definitely have them way too sheltered.
Greenwald: Ukraine’s Conscript Army Being Used By West As “Cannon Fodder”
All the while mainstream pundits cheer from a safe distance.”Yes, it’s a Slavic genocide. It couldn’t be better arranged if Russia had written the script themselves. 500 years of propaganda, staging this attack, now no anti-Russian Ukrainians, no Nazis, no Army, and a enormous, wide-open nation for the taking. While the loss bankrupts and collapses NATO and Europe.
But for me, it’s the West, the woke, caring West, adoring, loving, aching with joy at genocide. Monsters indeed.
“Five Arab States Plus Iran Among 19 Nations Ready To Join BRICS
This is important because The PLAN, was to have Saudi be tied to the US$ — and the CIA/Derp State – and when they ran out, as they have, to Sunni-Shia war for U.S.-backed Saudi Arabia to conquer Iran and take their oil instead. So a peace between them is deadly for the U.S., as they have the oil, the forward base, and the power to control the oil-reserve currency. No war = no U.S., no reserve, no taking over the world. That, with China, appears to have happened for now. I’m glad, but I do realize what has happened.
“@KobeissiLetter In Acquiring First Republic Bank,”
We make s—t up! No rule of law. And no principles either as monopolization is against everything actual, legal, theoretical, popular, or defensible. We do it anyway.
Anyone ask Congress? Are they holding hearings? Nope. Why? Is it just because they’re Republicans, or some other reason?
“Russia’s Attack On Pavlograd Deprives Ukraine Of Resources For Advance (TASS) “
Day after day, No trouble at all in methodically erasing the Ukraine army.
“The question is how he lasted so long..”
Yes, it is. We know he did hold back, more at first and less over the last year or so. That was to keep his seat. Nevertheless, we know Fox, nor any other “Capitalist” doesn’t care about money in the slightest. So it wasn’t his ratings, or ad revenue that kept him in. It was to keep the illusion Fox was on the Right, so as to steer, what did they call them, elderly zombie-morons or something? And somebody has his back, is applying pressure to keep him in. But it wasn’t enough leverage to make Fox an actually honest place.
Since it’s all leverage and blackmail, the odds of us knowing why are very low. When they dump Tucker, it will cause the White Hats to take their next planned move because of it. Perhaps lawsuits or revealing their far-Left emails about toppling the election. The Black Hats also know if they move this piece, that will happen, but for them it was time.
The faster Fox ceases to exist, the better. It’s better to be an honest, open enemy than a traitor from within.
Iran Drones: Trying to inject the name “China and Iran” into all our statements now as they build a world war. One thing, Senator: can you explain to be what the h—l we’re doing 10,000 miles from home in the first place? That place is way, way closer to Iran than it is to us. No? Don’t bother?
“Keep your own well-ordered minds on the tasks ahead, your own makings and doings within the bounds of what is real.”
Indeed. The big picture helps us less and less now. As in Denver or Chicago, you’re more likely to die from poisoned food or a mugging than anything to do with Iran or Ukraine.
“disembowel the country and drive the Empire into one self-defeating conflict after another.”
Bane of Empires. This is why there is a wheel of history. All 10,000 civilizations tried to stop their turn, but the empire empowers a certain slice, and that slice uses the power to prevent unseating itself, ultimately at the cost of the whole culture. We’re no different. We can survive down here on the ground, but it requires the removal of the whole central government, which we’re certainly all rooting for, and are able to withstand.
“Their point is worth repeating. Had journalists done their job, had they questioned and investigated the propaganda instead of amplifying it,”
The people didn’t do their job either. I remember well. “Hey, fellows, suppose Saddam actually HAS a nuclear bomb? So what? What is he going to do with it if we leave him alone?” Crickets. Muh Israel, who we also DGAF about. Why go to war? ‘Cause ‘Merica! What the actual are you talking about sending 200k troops halfway around the world where they will get all shot up and WON’T be greeted with flowers? On behalf of Exxon? Crickets. God, you’d have to be dumb as a rock not to know, journalist or no journalist. …And trust me, the normal people, who don’t know who we gained independence from, and don’t know what shape has four sides, are SMARTER than the journalists.
So great article to blame others. I was a delicate leetle flower, who never dun no wrong. It were that other guy’s fault!
No. You just loved war, hated peace, loved death, murder, excitement, and theft just that much. The very thought of leaving people alone and sticking to your own hard work and industry was foundationally repugnant to you. Boy, I learned something about adult Americans back then. It’s not the journalists. If they had reported correctly, we still would have wanted it, as indeed we’ve seen many times since then.
“There seemed no sorting out the godawful mess amid the incessant waves of mis– and disinformation to which our corporate media subjected us.”
Strangely, this was super-easy. We guessed it correctly, almost every time, each minute, from under my bridge here in the dark it was so easy. So what’s up with you-all? From the President to the Janitor, all the people, esp those in Church, all the caring, honest wokesters who defend victims and anyone getting a raw deal, everyone against war, anyone wanting re-employment. All of you wanted, adhered to, worshiped, the most ludicrous, transparent, vile, improbable idiocy of our generation, I barely look up from corn flakes to blow holes the size of a battleship into. There was nothing in my life easier to debunk until the Covid numbers appeared, which was even easier.
“as Musk would have had to provide proof to a Delaware court that he had a good reason for walking away from the deal.”
He did have it, and he did provide it. Now for a year, there have been non-stop press releases supporting his every claim. Did you forget or something? So all that never happened now, inside an article about how all that happened now?
““If the goal is transparency to build trust, why not just release everything”?
Because then they’d read two words and discard it, like usual. It needs to be drip, drip, dripped out to keep it in the headlines. Even that is barely working. I don’t see no arrests for 1,000,000 counts of civil rights abuses by top officials, on behalf of election tampering.
“• New Nanoparticle Sensors to Detect Early Cancer via Simple Paper Test (ET)
Uh… “Nano” means “Small.” ALL tests are “nanoparticle sensors”, could you be a little more clear? I’m smelling bulls—t but it’s MIT so that’s a given.
So they’re amplifying DNA signals. Huh. That sounds remarkably like the totally-failed PCR tests.
Bees: Maybe they should ask somebody. There were no honeybees in the New World. There were lots of humans in the New World. Explain?
Please, for the love of God and all things holy, read a book sometimes.
“Much of the social history of the Western world, over the past three decades, has been a history of replacing what worked with what sounded good.” — Thomas Sowell
And what, since it was already tried 20x, we already knew wouldn’t work. But couldn’t be arsed to check. Because, evolutionarily, we’re the smartest humans ever born, and they just didn’t do Socialism (insert your own dumb idea here) correctly yet.
May 2, 2023 at 11:55 am #134493The MarksterParticipantWhatever Cloudfare is, CIA subcontractor being the most likely option, is completely blocking my access to the Pilger and Lawrence pieces on Consortium News. Some super lame “the site is not safe” message pops up lol. Wonder if the monsters are stupid enough to think they can shout down love and truth with more lies.
They will not succeed.
May 2, 2023 at 12:30 pm #134495oxymoronParticipantThe big picture helps us less and less now.
Yes Dr D, the key reason I lurk less here at TAE and build and farm and dig and make most of my days now. The time for action and self-resilience and physical community is upon me now. I know most of who I can trust and work with locally (not a big group but has bleeding edge) and as much as I have found a kin of a kind in the ether of the internet it is ultimately a time/space issue.
The trust horizon is applied to systems as well as institutions.May 2, 2023 at 12:44 pm #134496zerosumParticipantJust sit down, watch and read TAE, then you’ll learn what is keeping the system functioning.
We can see who has been good or has been bad.
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I dare you to come to the world’s largest minefielld
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genocide, depopulation is part of our system/structure
May 2, 2023 at 1:32 pm #134497jb-hbParticipantin addition to banking rules and laws not mattering on the macro
Biden “Punishes Responsibility” As New Mortgage Equity Program Begins
https://www.zerohedge.com/markets/biden-punishes-responsibility-new-mortgage-equity-program-beginspeople with high credit scores will pay for those with low credit scores. “…to make housing affordable for everyone”
Ok, so a working poor person who labored for 5-7 years to get their credit score up to buy a home, that’s unfair and cruel, give their money to the person who didn’t. To make it Affordable For Everyone.
My favorite Zerohedge comment on this “Don’t worry. If you can’t afford a home, Blackrock will still buy it.”
I paid the bills I agreed to pay and on time. That’s not fair. So now I’ll need to give money, in addition to the parties I promised to pay, to people who did NOT pay the parties THEY promised to pay. To make it FAIR.
Shall we move on to apportioning out punishment for crimes from the criminals to the law-abiding? Is it really FAIR that some people go around in this world punishment free while others carry the burden?
May 2, 2023 at 2:01 pm #134498jb-hbParticipantI’m curious how the Democrats determined that the 1% aristocracy they need to fight and bring down is composed of the middle 70-90% of the population. I’d sincerely like to hear them articulate their specific explanation. Just for the lols.
May 2, 2023 at 2:04 pm #134499Autonomous UnitParticipant“Bees: Maybe they should ask somebody. There were no honeybees in the New World. There were lots of humans in the New World. Explain?”
will do.
“There are over 20,000 known bee species in the world, and 4,000 of them are native to the United States. They range from the tiny (2 mm) and solitary Perdita minima, known as the world’s smallest bee, to kumquat-sized species of carpenter bees. Our bees come in as many sizes, shapes, and colors as the flowers they pollinate. There is still much that we don’t know about native bees—many are smaller than a grain of rice and about 10% of bees in the United States have yet to be named or described—but all of these bees have jobs as pollinators.
Native bees are the primary insect pollinator of agricultural plants in most of the country. Crops that they pollinate include squash, tomatoes, cherries, blueberries, and cranberries. Native bees were here long before European honeybees were brought to the country by settlers (honeybees are not native to North America). Honeybees are key to a few crops such as almonds and lemons, but native bees like the blue orchard bees are better and more efficient pollinators of many crops, including those plants that evolved in the Americas. Native bees are estimated to pollinate 80 percent of flowering plants around the world.
Many of our native wild and crop plants have sets of bees that are so specialized that they restrict their visits to those plants alone. The most important facet of bee conservation is the encouragement and retention of all of our flowering native plants.”
http://www.usgs.gov/faqs/how-many-species-native-bees-are-united-states“Please, for the love of God and all things holy, read a book sometimes.”
May 2, 2023 at 3:01 pm #134500OroborosParticipant• Russia Launches Large-Scale Attack On Ukraine’s Military Industry
The Empire of Lies Gangster Nation® still pushing, “Russians are running out of missiles” puke through their Media Whores.
Sweet
Keep it up Neo-Clowns, wait until Russia sends their MEGA Missile Blanket Wave just as the Ukronazis attempt their wimpy cucked ‘offensive’.
My sources say that the Russia excess production of cruise missile is being stockpiled for a truly massive attack on the remaining Ukronazi infrastructure. Consecutive hundreds a day barrage.
Hey, do your part for Glorious Victory
https://www.fortmissoulamuseum.org/WWII/images/posters/1986.004.048.jpg.
May 2, 2023 at 3:02 pm #134501May 2, 2023 at 3:02 pm #134502OroborosParticipantMay 2, 2023 at 3:15 pm #134503OroborosParticipantThe Current Banking Trend Foretells a Deep Recession
Mr Styxhexenhammer666 rant on bank failures sinking the ship
Bank Failures in Brief – Summary 2001 through 2023FDIC graph showing 2008 clusterfuck and what’s coming up for 2023.
Thar she blows!
Greenline doesn’t include First Republic
May 2, 2023 at 3:23 pm #134504OroborosParticipantMay 2, 2023 at 3:37 pm #134505tbocParticipantA glance toward CBDCs. The creation of CBDC does not address the underlying structural problem:
1. Limited resources (availability, location, cost)
2. Low to negative productivity.For those who have reached my station the evolution of credit from LayAway at the department stores to Revolving Credit to personalized credit cards has accompanied us from our youth. The expansion of credit entangled with the creation of an extractive planned economy is the modern consumer environment. The expansion of consumer credit is the face of the expansion of commercial credit. Consolidation of market information (inventory, demand, shipping and production) is the foundation beneath the expansion of credit.
What can be purchased today in any region of the United States is limited. Have you purchased a new household appliance lately? Why your experience? See 1 and 2 above.
The view that this great expansion of credit came through the Back Window @ The FED is almost to the point of acceptance. Market forces? A Growth Economy? Pull my other finger. The CBDC is another round in the expansion of credit. The concern that the CBDC will limit the ability to purchase ignores the reality of the big box stores today. The consumer will be free to purchase as much of nothing as they are today. We are at another foot stone along the path to the planned extractive economic model.
Where did it all go? This was asked the other day. Every bit of “it” is still here. All “it” has ever been is debt. An Asset derived from what?
Pretty sure there is an “ism” ((insert your own dumb idea here))May 2, 2023 at 3:38 pm #134506John DayParticipantWhy Is The US Wiring Ukraine With Radiation Sensors To Detect Nuclear Blasts?
https://www.zerohedge.com/geopolitical/why-us-wiring-ukraine-radiation-sensors-detect-nuclear-blastsThese sensors can only ever indicate that Russia set off a nuclear blast, right?
Sooo, …May 2, 2023 at 4:26 pm #134507zerosumParticipanthttps://www.zerohedge.com/markets/ibm-stop-hiring-roles-can-be-replaced-ai-nearly-8000-workers-be-replaced-automation
IBM To Stop Hiring For Roles That Can Be Replaced By AI; Nearly 8,000 Workers To Be Replaced By Automationdefinition: Roles … University graduate salade makers
May 2, 2023 at 4:52 pm #134508NoiretteParticipantI have been away, in Italy, Piedmont and Lombardy.
Of intererest: the new big biz is ….FIREWOOD.
Italy used to be the biggest consumer of wood pellets (per capita) afaik, they were nutty about them, and wood pellet stoves were all the rage. Wood pellets are made with gas (for heat) and electricity (for the machines) and their price has risen…and risen…and often now they are unavailable, stories from there, – I haven’t checked.
Everywhere I went, wood piled up drying, trucks with wood on them, courtyards with big volumes hidden under coverings, previous forest type places not the same, etc.
What many on the ground don’t seem to realise is that the State (Regional + ) can claim ownership of trees, forests, in their jurisdictions – not the land itself in these rulings, just what is growing on it. The law is fairly recent (under 5 years, I don’t recall ..) Obviously, energy probs. were expected.
I just looked up: 67% of forest land, that is measured in SURFACE, in Italy is in private hands. The link, a long EU report about Forests in Italy, in F, does describe in vague terms ‘eminent domain’ legislation re. wood. So that fits.
https://www.europarl.europa.eu/workingpapers/agri/italie-1_fr.htm#l3-1.3
What local news from other people?
May 2, 2023 at 5:44 pm #134509phoenixvoiceParticipantI was driving home after singing at an open mic last night and stopped at a red light with an LED billboard across the intersection. The light was long, and I saw several ads. What a completely ridiculous use of technology! Originally, billboards were painted boards, perhaps lit with electric lights. Just a board. Passive. It is put up, it is painted, no further resources required for it to function. Now…an LED screen, with plastics and metal and circuitry, rare earth metals, of course the electricity to keep it all going, and all of the possible ways that it can break, necessitating an endless stream of replacements and e-waste. Is this progress? It seems simply stupidity. All so that my mind can be filled with advertisements that I don’t want to see while waiting at a red light. Now, the traffic light system itself is utilitarian — it brings order to a busy intersection, avoiding car crashes. A great deal of technology is utilitarian, serving an important purpose. But technology is saturating our communities, not being applied primarily to utilitarian, nor even entertainment purposes, but wherever the money leads it. So, very often, it is going into purposes that serve small slices of the population (those deriving revenue or business from the advertising) — like advertising — which much of the population doesn’t want to be go barded with.
May 2, 2023 at 5:57 pm #134510John DayParticipant@Phoenixvoice: Bilboards now compete with smartphones, so they have to be jumpy and full of action!
😮May 2, 2023 at 5:59 pm #134511John DayParticipantRotating Elites is up, We’re overdue… https://drjohnsblog.substack.com/p/rotating-elites
The Wagner Factor and the Fairness Principle, Alexander Dugin (Alexander Dugin is not “Putin’s brain”, but is an influential Russian political philosopher. His daughter was recently murdered in an attempt to kill him. He is a Russian at war, completely at war. He wrote this for western Europeans, but also for Russians.)
Throughout the Special Military Operation (SMO), the PMC Wagner and Yevgeny Prigozhin have been the center of attention of Russian society and the world community. For Russians, he has become the main symbol of victory, determination, heroism, courage and resilience. For the enemy a source of hatred, but also of fear and terror. It is important that Prigozhin not only leads the most combat-ready, victorious and undefeated unit of the Russian armed forces, but also provides an outlet for those feelings, thoughts, demands and hopes that live in the hearts of the people of war, completely and to the end, irreversibly immersed in its elements…
..Inside Russia, people accept Prigozhin unconditionally. He, without any doubts, is the first in this war. Whatever he says or does, it immediately resonates in the heart of the people, in society, in the broad Russian, Eurasian masses. It is one of the many paradoxes of our history—an ethnic Jew, an oligarch, and a man with a rather turbulent past is transformed into the archetype of a purely Russian hero, into a symbol of justice and honor for all people…
..Russian elites are another matter. It is precisely because Prigozhin has made a pact with the Russian people, with the Russian majority, on the blood—his own and that of his heroes from Wagner—that he is most hated by that part of the elite that has not accepted the war as its fate, has not realized its true and fundamental motives, has not yet seen the mortal danger that hangs over the country. It seems to the elite that Prigozhin is simply rushing to power, and, relying on the people, is preparing a “black redistribution.” For this part of the Russian elite, the word “justice” itself is unbearable and burns with the fires of hell. After all, Prigozhin is himself from this elite, but he found the courage to renounce the class of the rich, exploiters, cynics, and cosmo..politans, who despise all those who are less successful, and to move to the side of the warring, country-saving people…
..In Prigozhin, society has begun to see something more than a successful and desperate field commander, a warlord. The configuration in the elites that prevailed in Russia before the SMO allowed (with personal loyalty to the supreme power) for a certain oligarchic stratum the opportunity to remain part of the global liberal globalist system. The people grumbled, lamented and complained about this, but as long as Russia’s sovereignty was being strengthened and, as it seemed, nothing threatened the country, this could somehow be tolerated. After the beginning of the SMO, this contradiction was fully exposed. Russia faced a deadly battle with the entire West, which fell upon our country, a West with all its might; and the Russian elite, by inertia, continued to slavishly follow the land of the setting sun, copying its standards and methods, keeping their savings abroad, dreaming of Courchevel and the Bahamas. Part of the elite frankly fled, and part hid and waited for it all to end. And here the “Prigozhin factor” appeared, already as a politician who became the mouthpiece of popular anger towards the remaining oligarchic elites, stubbornly refusing to accept the new realities of the war and do as Yevgeny Prigozhin himself did, that is, go to the front or, at least, join in the cause of Victory entirely and without a trace. If the West is our enemy, then a supporter of the West, a Westerner is a traitor and a direct agent of the enemy. If you are not at war with the West, then you are on its side. This is the simple logic voiced by Prigozhin. And in his decisive battle with the external enemy, the masses of the people saw a second—future—act, the transfer of similar methods for the internal enemy. And this is “justice”—in its popular, even albeit common people—understanding…
..There is a tremendous time delay, but it is the beginning of fundamental change in Russian society. Yevgeny Prigozhin represents one of the directions. This, above all, is war, where Wagner is the brightest illustration of what meritocracy is; that is, the power of the most distinguished, the most courageous, and the most deserving. The elites of war are those who perform the task best, and there are no other criteria at all… Loyalty in war is implied; otherwise, immediate execution. But now something more is needed: the ability to cope with the task at hand. At any cost. Even at the cost of one’s own and others’ lives. This alone brings out the best. And the worst. And all that remains is to put the best over the worst, and the whole thing will head to Victory…
..Those who do not cope with the task are relegated to the back burner. In the political science of Wilfred Pareto this is called the “rotation of the elite.” In Russia, this process is extremely inert and sporadic, and most often it is not taking place at all. War, on the other hand, requires the “rotation of the elites” in an ultimatum manner. This is a real horror for the elites, who are old and incapacitated, moreover, cut off from their matrix in the West…
..The stakes are constantly rising. Victory is at stake. And the way to it lies only through justice. [A call for bloody retribution from a man whose daughter was recently murdered by enemies? When will the US reach such a similar point of decision? Soon? Suddenly? Thanks Christine.] https://www.thepostil.com/the-wagner-factor-and-the-fairness-principle/ The seat of empire needs to get on a war-footing financially. What will that mean?
Republic First, J.P. More-Gain, By Michael Every of Rabobank
Then we had First Republic Bank being taken over by J.P. Morgan in an ‘interesting’ piece of financial engineering which I don’t have the space to go into here in detail. Suffice to say that again, the US financial system has been ‘saved’; again, stock and bondholders haven’t; again rich, uninsured (Californian, Democrat-donor) depositors have; and Too Big To Fail banks are now even bigger and obviously even less allowed to fail, reversing what was supposed to be the post-2008 regulatory norms...
..Fed Chair J. Powell starts another FOMC meeting against a bank failure, and yet will again hike rates 25bps (this time to 5.25%). Moreover, the Wall Street Journal’s Timiraos says he isn’t likely to flag a pause, instead keeping the door open to doing more if necessary.
We may see some form of US credit crunch. Indeed, a US banking conflab was talking about that yesterday. On the other hand, there are some who think the Fed has been asking banks to scale back on lending to try to give them more leeway to pause – in other words tightening via backdoor policy. That sounds ‘un-American’ for those who know nothing about the real America, but it’s arguably still better than policy tightening via repeated bank failures.
J.P. Morgan is at the heart of things again. Some will recall that in the 2008 Global Financial Crisis, the bank was persuaded to swallow Bear Sterns and Washington Mutual, which CEO Dimon has said he would rather not have undertaken. Those with a longer memory will recall the 1907 Panic, where Mr. Morgan personally bailed out the US financial system. I expect fewer mentions this week of the allegations that Morgan was also involved in a planned fascist coup against President F.D.R. in the 1930s, the so-called “Wall Street putsch”.
Geopolitics is echoing the 1930s. Axios is the latest to say: ‘US allies prepare for possibility of war over Taiwan’; the US says its Mutual Defence Treaty with the Philippines is “iron clad” following maritime tension; China revised its conscription law to boost its pool of draftees, ‘Locks Information on the Country Inside a Black Box’, and even the US Chamber of Commerce in China warns of major increase in risks for businesses; China and Russia signed a deal on maritime law enforcement; Iran –which saw an oil tanker destined for China seized by the US, seizing a foreign tanker back– proposed a “maritime security belt” led by the Shanghai Co-operation Organisation to provide “safety, security, and stability of global maritime trade”; and the US displayed bunker-busting bombs for use against Iran. Yet the Wall Street Journal also says ‘US Struggles to Replenish Munitions Stockpiles as Ukraine War Drags On’ noting, “plans to increase production of key munitions have fallen short due to shortages of chips, machinery, and skilled workers.”
How does this latter point link back to JP and First Republic? Let’s look at the wording of the Federal Reserve’s Section 2A. Monetary policy objectives [I read this a little differently from M.Every. I see “commensurate with ‘potential’ to increase production”, not “to increase production”. It might be different.]
“The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long run growth of the monetary and credit aggregates commensurate with the economy’s long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.”
Not just “stable prices”, which we won’t have if the Fed cuts rates as markets are pricing for; not just “maximum employment”, which we may not end ahead given demographics, onshoring, re-arming, and labor hoarding; not just “moderate long-term interest rates,” or financial stability, so acronyms like BTFP, which FRB partook of to no avail before being swallowed by JPM; rather, TO INCREASE PRODUCTION to allow all of the above to happen.
For three decades of a geopolitically benign environment and the last Cold War decade before, the Fed could get away with ignoring US production to rely on imports and financialisation. Now, as war rages in Ukraine and wider war fear mount, and de/re-globalisation shifts supply chains, it cannot. US production must increase, and financialisation decrease. The question is how, starting from here. [I again disagree with Every. I think a more government-directed-economy, like China’s, like pre-war Germany’s, and like that of the US pre-WW-2, and even pre-WW-1, is more likely than allowing Wall-Street to keep making strategic national industrial policy decisions.]
Rates are going to be much higher for much longer even before we get into the biggest picture issue of ‘de-dollarisation’. That’s a production problem according to economic theory. However, economic reality shows in a globalised trading system, lower US rates don’t see any increase in productive investment anyway – just pointless (but profitable for some) financialisation. [Hence national industrial policy is needed.]
Clearly, much more productive investment is going to be required by the US economy when the current ‘financialised’ system has no ability or interest in supporting it. That means more national-security focused industrial policy, as White House National Security Advisor Sullivan made explicit last week, to tumbleweeds from a market unwilling to listen. It likely also means more QE, not QT, in the form of de facto MMT, not yield-lowering, excess-reserve-building exercises: it’s just when this happens. And/or it means a more centralised US banking system that listens to ‘guidance’ from the more powerful Fed telling it what is in the national interest for it to lend to. [But US bank lending is against existing assets, not to build new industries.]
https://www.zerohedge.com/markets/republic-first-jp-more-gainS**t Just Hit The Fan Across Markets, Regional Banks Crashing (And gold spiked up hard at the same moment.)
https://www.zerohedge.com/markets/st-just-hit-fan-across-markets-regional-banks-freefallMay 2, 2023 at 6:00 pm #134512John DayParticipantYellen Warns Treasury To Run Out Of Cash As Soon As June 1 Absent Debt Ceiling Deal
https://www.zerohedge.com/markets/yellen-warns-treasury-run-out-cash-soon-june-1-absent-debt-ceiling-deal Saudi Arabia, the UAE, Algeria, Egypt, Bahrain, and Iran have formally asked to join the BRICS group of nations as it prepares to hold its annual summit in South Africa.
In total, 19 nations have expressed interest in joining the emerging-markets bloc of Brazil, Russia, India, China, and South Africa, according to Anil Sooklal, South Africa’s ambassador to the group.
“What will be discussed is the expansion of BRICS and the modalities of how this will happen … Thirteen countries have formally asked to join, and another six have asked informally. We are getting applications to join every day,” the South African official told Bloomberg earlier this week.
BRICS will hold its annual summit in Cape Town during the first week of June...
..By 2028, the G7 is expected to make up just 27.8 percent of the global economy, while (pre-expansion) BRICS will make up 35 percent.
The estimations came just a few weeks after the Deputy Chairman of Russia’s State Duma, Alexander Babakov, revealed that BRICS is working on developing a “new currency” that will be presented at the organization’s upcoming summit...
..The interest from Global South nations to join the bloc comes at a time when more and more governments move away from the US dollar.
https://thecradle.co/article-view/24119/five-arab-states-plus-iran-among-19-nations-ready-to-join-brics Alastair Crooke, Thanks F.S. ‘Securing Ourselves Is in Our Hands; and Defeat of the Enemy Lies in His Own Hands’ (Sun Tzu, d. 496 BCE)
The media focus is so much centred on the military situation in Ukraine that it is easily overlooked that President Putin has also been fighting a financial war – a war on liberal economic theory; and a diplomatic war for the support of the non-West and from key strategic allies, China and India.
On top of that, Putin has to manage the psyche inside Russia. His objective is to restore patriotism and a Russian national culture reconnected to its roots in Orthodox Christianity…
..Like any system, the World Order rests on philosophical principles believed to be universal, but which, in truth, are specific to a particular moment in European history.
Today, the West is not ‘what it was’. It is a fractured ideological battlespace. The Rest of World is not ‘what it was’. And today’s ideological western writhings are no longer viewed as being of primary concern to the World.
The point here, however, is about a project designed to bring change to that which has not changed. It is as much a war for global psyche as of attrition on the battlefront (though that, too, is a vital component in shifting the global zeitgeist). If a multi-polar order is to be built based on self-sufficient sovereignty, others should exit the neo-liberal economic system too (if they can). Hence the need for a major diplomatic initiative by Russia and China to build a strategic depth for a new economics...
..The Anglo-American system of economics, James Fallows, a former White House speechwriter has noted, like any system, rests on certain principles and beliefs:
“But rather than acting as if these are the best principles, or the ones their societies prefer, Britons and Americans often act as if these were the only possible principles: And that no one, except in error, could choose any others. Political economics becomes an essentially religious question, subject to the standard drawback of any religion – the failure to understand why people outside the faith might act as they do”…
..So, back to that ‘which has not changed’, Secretary Yellen recently delivered a speech on the U.S.-China relationship, implying that China largely had prospered on the back of this Anglo, ‘free workings’ market order; yet now was pivoting toward a state-driven posture: one that “is confrontational towards the U.S. and its allies”. The U.S. wants to co-operate with China, but wholly and exclusively on its own terms, she said.
The U.S. seeks “constructive engagement”, but one that must be subject to the U.S. securing its own security interests and values. “We will clearly communicate to the PRC our concerns about its behaviour … And we will protect human rights”. Secondly, “we will continue to respond to China’s unfair economic practices. And we will continue to make critical investments at home – while engaging with the world to advance our vision for an open, fair, and rules-based global economic order”. She finishes by saying China must ‘play by today’s international rules’...
..Put simply, Yellen’s speech displays a complete failure to acknowledge that the Sino-Russian ‘revolution’ is not confined to the political, but extends to the economic sphere, too. It shows just how important the ‘other war’ is for Putin and XI – the war to shape an exit from the grip of the financialised, neo-liberal paradigm...
..And what Yellen’s speech wholly misses is this geo-strategic paradigm change: Putin has brought Russia back, and into broad alignment with China and other Asian states on economic thinking.
The latter have, in effect, been saying for some time that ‘Anglo’ political philosophy is not necessarily the world’s philosophy. Societies may work best, Lee Kuan Yew of Singapore and others have said, were they to pay less attention to the individual, and more to the welfare of the group.
President Xi says it straight: “The right of the people to independently choose their development paths should be respected … Only the wearer of the shoes knows if they fit or not”…
..The Anglo-American approach is premised on the basis that the ultimate measure of a society is its level of consumption. In the long run however, List argued, a society’s well-being and its overall wealth are determined not by what the society can buy, but by what it can make (i.e. value arising from a real, self-sufficient economy). The German school, deeply sceptical of Adam Smith’s market ‘serendipity’, argued that emphasizing consumption would eventually be self-defeating. It would bias the system away from wealth creation, and ultimately make it impossible to consume as much, or to employ so many.
List was prescient. He saw the flaw, now so clearly exposed in the Anglo model: an attenuation of the real economy, now aggravated by massive financialisation. [Financialization is a process of wealth extraction, somewhat aside from the focus on economic production vs. consumption.] A process that has led to the building of an inverted pyramid of derivative financial ‘products’ which suck the oxygen from the manufacture of real output. Self-reliance erodes, and a shrinking base of real wealth creation supports ever-smaller numbers in adequately-paid employment...
..In Putin’s words, China “managed in the best possible way, in my opinion, to use the levers of central administration (for) the development of a market economy … The Soviet Union did nothing like this, and the results of an ineffective economic policy impacted the political sphere”…
Plainly put, Xi and Putin’s assessment is that the Russian disaster was the result of the turn to western liberalism, whereas Yellen clearly sees China’s ‘error’ – for which she chides it – is in the move away from the ‘liberal’ world system. [Markets and state industrial policy are both important.]
This analytic mis-match goes some way to explaining the West’s absolute conviction that Russia is a state so weak and fragile financially (from its primordial error in eschewing the ‘Anglo’ system), that any reversal on the Ukrainian battlefront today could bring about a panicked financial collapse (as seen in 1998), and political anarchy in Moscow, similar to that of the Yeltsin era.
Paradoxically, observers in the non-West today see the obverse of what Yellen ‘sees’: It sees western financial fragility vs Russian economic stability.
Finally, the other ‘less noticed’ dimension to the Sino-Russian ‘revolution’ is the metaphysical – the re-appropriation of nationalistic political culture that is something more than ‘sovereignty’…
..Not surprisingly, those not living in the West – and who have never felt themselves inwardly to be a part of this contemporary western modernity, but rather, feel a belonging in a different cultural world; one with a very different ontological basis – look to the latter as the well-source from which to energise a new communal life.
They reach back to old myths and moral stories precisely to inject energy into political culture – a trend that stretches from China, to Russia, India and beyond.‘Securing Ourselves Is in Our Hands; and Defeat of the Enemy Lies in His Own Hands’
May 2, 2023 at 6:01 pm #134513John DayParticipant Robert F. Kennedy Jr. and the Progressive American Critique of Pandemicism: A Review of ‘The Real Anthony Fauci’
No single work has influenced the American alt-Covid discussion as much as Robert F. Kennedy’s The Real Anthony Fauci, an extended attack on the medical-industrial complex and its purported kingpin, recently-retired National Institute of Allergies and Infectious Diseases director Anthony Fauci. Across 450 pages of narrow margins and densely-set type, Kennedy argues that the entire Covid pandemic unfolded as a second act to the AIDS scare from the 1980s and 1990s. In Kennedy’s view, Fauci played a key role managing both pandemics, to steer massive profits into the coffers of corrupt pharmaceutical companies by pushing harmful proprietary drugs over vastly less profitable but more effective remedies, leading in both cases to untold unnecessary mortality.
Kennedy’s discussion of Covid is split between the opening and the concluding sections of his long book. Chapter 1 on “Mismanaging a Pandemic” – at 100 pages, a small monograph unto itself – argues that most if not all of American Covid mortality arises from Fauci’s cynical suppression of early treatments like Ivermectin and Hydroxychloroquine. The final two chapters expand the narrow focus of this opening barrage, by tracing the history of “phony epidemics” like the 2009 Swine Flu that have occurred under Fauci’s watch (Chapter 11), as well as the strange tradition of pandemic wargaming, from Dark Winter to Event 201 (Chapter 12)...
..All of our countries spent years subject to the tyranny of an arbitrary gaggle of Corona tsars, unelected and very often unofficial advisors who became the public face of pandemic policies and the incarnation of The Science for hysterical journalists and terrified television-bound Covidians sheltering at home. This phenomenon arises from the fact that the pandemic represented in almost all of our countries a kind of bureaucratic coup, as the institutional apparatus seized the initiative from the political arm of the state…
..One of the most vital things to understand about the pandemic (and pandemicism in general) is that it’s not about human health. It’s a bunch of antisocial, fundamentally unhealthy, illogical and insane policies that never had any hope of suppressing a virus. These policies were defended and implemented via the authority of avatars for The Science like Fauci, who “encouraged his own canonization and the disturbing inquisition against his blasphemous critics,” and at one point even famously declared that “‘Attacks on me … quite frankly, are attacks on the science’”…
..In many ways, those chapters that Kennedy devotes to Corona are his least impressive and original. His argument here is heavily indebted to American critics of pandemic policy like Pierre Kory, Ryan Cole and especially Peter McCullough, who are quoted in extenso to make the case for early treatment and the dire consequences of its suppression. Kennedy is at his strongest in the middle sections of TRAF, on Fauci’s role in the AIDS crisis. Here citations to contemporary reporting abound, and while he covers controversial ground – like Duesberg’s thesis that HIV is not the cause of AIDS – his approach is entertaining and also in many ways careful and sensitive to a broad range of possibilities…
..Kennedy shares the view of many gay activists that much early AIDS mortality is to be laid at the feet of public health managers like Fauci, who were more interested in promoting expensive proprietary antivirals than saving lives, leaving the gay community to fend for itself…
..The toxic Fauci-promoted antiviral azidothymidine, or AZT – which HIV sceptics like Duesberg invoke to explain early AIDS mortality – becomes in Kennedy’s telling a direct precedent for the failed and toxic antiviral Remdesivir, which Fauci and others promoted as a Covid treatment according to the very same “worn rabbit-eared playbook” (67) from the AIDS era. In this analysis, ivermectin and hydroxychloroquine are cast accordingly as the 21st-century counterparts to the off-the-shelf drugs procured for informal AIDS treatment by the buyers’ clubs of activist legend…
..In Kennedy’s final chapter, meanwhile, Fauci all but disappears in favour of new personalities like Peter Daszak and Robert Kadlec. Here, the civilian bureaucrat responsible for organising the catastrophic pandemic response is displaced by much different theses about the biosecurity aspects of pandemic wargaming and Covid as “a military project” (from 433).Robert F. Kennedy Jr. and the Progressive American Critique of Pandemicism
Steve Kirsch, The FDA knew on September 17, 2021 that people who got the COVID vaccine were 2X more likely to be infected
Why didn’t they warn us at the time? Instead, they remained silent. The mandates should have been the opposite: hospitals should have fired anyone who got vaccinated.
[This ADE, antibody dependent enhancement of viral pathogenicity, was apparent in UK data showing COVID infection rates amongst vaccinated and unvaccinated age groups over time, beginning in June 2021. After 6 months, the “vaccines” help the virus. https://www.johndayblog.com/2021/08/vaccines-help-delta.html ]
Did you know that Pfizer told the FDA in a document dated September 17, 2021 that people who were on the vaccine for a longer period were more likely to be infected with COVD than those who spent only about half the time in the vaccinated state. The difference between the infection rates of the vaxxed vs. unvaxxed was more than 2X.
https://stevekirsch.substack.com/p/proof-the-fda-knew-on-september-17?nthPub=251May 2, 2023 at 6:08 pm #134514jb-hbParticipantphoenixvoice – I feel your pain. Just got back from going downtown on the train – in Denver.
They knocked down a 1 story commercial section across from the Auraria light rail station and are building a huge firetrap shitbox luxury apartment building with 3 floors of living space.
This is:
—literally across the street from the light rail station
—literally across the street from the college campus
—within a quick brisk walk of various cultural attractions such as 2 different performing arts locationsadditionally, an even more gigantic area stretching from Domo/aikidousa to Colfax is ALSO filled with 3 story firetrap shitbox luxury apartments. These apartments’ doors literally empty onto the platform for the Osage light rail stop and are a 3 minute walk from the college as well.
WTF, Denver.
Totally in the control of Democrats for a long time now, who surely are continually trumpeting their concerns for the environment, CO2, etc. Why on earth are these footprints not filled with high-rises?
Why borrow a gazillion dollars to build a new light rail system – for the environment – only to interdict the populace from USING it by surrounding it with a thick buffer of firetrap luxury apartments?
Tomorrow, they’ll probably start blocking the streets to create the 15 minute cities they want – like they are already doing in various parts of England – but under no circumstances will they put hi-rise buildings next to light rail stops so that people will actually give up their cars.
I hate my car. I’ll hang onto it tooth and nail for survival and some freedom, but I surely hate it. If the city had formed dense urban nodes on the light rail line, then the light rail would give me enough freedom to give up the car – and gladly.
I’d rather have a house I could soup up with radiant insulation, passive solar, a victory garden, etc. I’d SETTLE for an integrated city plan with bearably-livable apartments and public transit. But it’s this. God damn you Califoradans, you Colofornians. And I say this as a transplant from Chicago.
May 2, 2023 at 6:12 pm #134515phoenixvoiceParticipantJust had a knock at my door — it is a pest control/bug sprayer rep, wanting my business. I looked at him incredulously, and gestured to my front yard, filled with sweet peas, corn stalks 4’ high, celery is nearly 3 feet, lemon grass and other herbs, 6 varieties of fruit bearing trees, etc., and asked, “Does it look like I want a bunch of chemicals killing the bugs in my yard? It would affect the ladybugs, the lacewings, and the praying mantises.” (I should have mentioned the BEES!). He replied that those bugs are beneficial, and that all of his chemicals are “plant-based.” (Hm…pyrethrum? It will still kill beneficial insects.). He continued various tactics…but I wouldn’t budge…frugality means that don’t parcel out tasks that I can do to others for fees, and I bid him farewell. No, no chemical concoctions here, thank you very much. My sister’s honeybees died days after her neighbor’s bug sprayer treated the bugs in her neighbor’s yard.
May 2, 2023 at 7:11 pm #134516SeaBirdsParticipant@Aspnaz,
Basically agree. We notice two particular billionaires are missing in the line-up. We still maintain the thought that the biggest crims of them all are those that control the MSM, their worst crimes are the lies/crap that they feed the minds of innocent, naive, but often well-meaning humans. It casts a darkness over all the tragedy encompassing the world in which we (try) to live.
But try to live we shall. We just removed ourselves from NZ, beautiful prison, and returned to the UK. No regrets! We’re off on our cycle to the Netherlands tomorrow with a new tent, not worried about the cold, or the useless and corrupt EU running the place, have a good array of vitamins, John Day’s protocol, recommendations from Germ. We’re fairly sure that Putin and friends have a full handle on how to play the game.
Thanks Bosco, if you’re there still, we jumped the fence and got off the round race track.
RIM. It’s weird getting the daily posts first thing in the morning. We take TAE with us on our travels. Loved the van Gogh tulips from the other day, (hope we’re not too late for the real thing), and yesterday’s spring lady. Thanks again.May 2, 2023 at 7:18 pm #134517OroborosParticipantEdward Dowd Retweeted
TIC TOC TIC
@TicTocTick
“The three banks that have collapsed in the US in last two months held more assets than the combined total of all banks that collapsed in 2008 Great Recession!They are bigger failures than 500 banks COMBINED that have failed between 2009 and 2022!!
Ed Dowd has been pointing out that M2 YoY Growth Enters Negative For Only Fifth Time Since 1868May 2, 2023 at 7:32 pm #134518OroborosParticipantMay 2, 2023 at 7:50 pm #134519OroborosParticipantIn the Empire of Lies Gangster Nation, the 2008-09 was a ‘great recession.
No it wasn’t, just more lies and word manipulations
2008-09 was a mild DEPRESSION
2023-24 with M2 money supply dropping like a rock will be a major depression.
Duh’mericans couldn’t be honest with themselves in 2008-09, just wait for their copium reaction to what”s fast approaching now.
25% of the national trucking fleet is IDLE, as in NOT delivering anything anywhere.
Doesn’t sound like a booming economy.
Maybe having legalized shoplifting (up to $950) on the West Coast was meant to fake ‘demand’.
Not working.
And the national chain stores being robbed blind in the Big Shitties are trying to balance out their books by raising prices on the areas where shoplifting is still illegal to recover the losses.
Top 10 Celebrities Who Got Caught Shop Lifting
It’s as wholesome in Duhmerica as Apple Pie
Role Models Rock
May 2, 2023 at 8:59 pm #134520Dr. DParticipantYes, with no apples, pears, clover, and about 100 other plants we take for granted, including dandelions, there was no need for honeybees. Wasps, mason bees, and others covered pollination of what was a very, very different, almost unimaginable world. A world of grass and pines, prairies, made of forests of chestnut and elm, nothing we know, see, or consider normal American today. The few things that were pollinated, squash, for instance, were tuned to the non-honey pollinators that lived here.
But I guess I should have defined “bee” more exactly. Still, it illustrates that plenty of plants — lots and lots — need no pollination from bees, often no bugs at all. So we’d take it in a shorts, and eat lots of potatoes, wheat, and rye.
“the State (Regional + ) can claim ownership of trees, forests, in their jurisdictions – not the land itself”
So…you can pay the taxes but can’t use what you produce on it. Got it. The State owns all production but not the MEANS of production. Got it. You’ll die, but the Army will come, steal your heat, and live. Got it. What fresh nonsense is this?
They take a different tack here in N.A., since wood is everywhere, they outlaw the stoves. Just like since soy can be grown everywhere, they make diesel cars impossible, and now trucks too complex to burn imperfect fuel. How am I going to charge you for breathing if you just go outside and inhale? Clearly, I must outlaw air first (they have) then sell it back to you. I’d put up a quarter open tollbooth between your bed and the toilet if I could.
P.S. don’t get pellet stoves, yes, you don’t control the creation, but worse, no heat if the power goes out. When else WOULD you need heat? You sure don’t need it when everything’s going well!
“They are bigger failures than 500 banks COMBINED that have failed between 2009 and 2022!!”
Yes, facts and logic, who needs that? Nothing matters. Nothing will ever matter again.
CBDCs DO solve the problem of lack of production: It’s forced, society-wide rationing. And the best kind: if you’re naughty and not in the cool girls’ table, you get nothing. That leave plenty for all the good people who just happen to be all my friends. The less production, the more naughty people I find! Perfect!
May 2, 2023 at 9:18 pm #134521Dr D RichParticipantAs if on cue, here it is.
William Burns, Chomsky, Hersh and the entire Obama administration did nothing wrong in their association with Jeffrey Epstein. Even if they did something wrong you can’t expect them to be perfect. The last sinless person earth was Jesus H Christ and look how that worked out. People are turned off by perfectionists and then nothing gets accomplished. Just look how accomplished Hersh, Chomsky, Burns and Obama are. There’s no reason to piss on their parade. There’s definitely no reason to accommodate their victims not when there’s Overnight Repo-ing, Quantitative Easing and TargetedGDP to accomplished for those who expect perfection from their Idols.
Right, Dr. D?
The CIA says Director William Burns "did not know anything about" Jeffrey Epstein during his meetings with him. Maybe it's just me, but if you can't figure out who Epstein is after THREE meetings — including at his penthouse — you shouldn't be Director of the CIA. pic.twitter.com/ve8VD2OuEz
— Glenn Beck (@glennbeck) May 1, 2023
May 2, 2023 at 9:27 pm #134522jb-hbParticipantThe CIA had no idea about Epstien. Such that a CIA director- retired and living a life without any intelligence contacts of any kind – being saintly, pure, and ethical no doubt to not have backroom backoffice advantage of any kind, with total amnesia about their previous work, would be flabergasted, bewildered, baffled, at such behavior from Epstien.
May 2, 2023 at 9:37 pm #134523Dr D RichParticipantRegarding Tucker Fox Carlson.
So, what you’re saying is you’re down with Tucker’s Mask of Sanity, privately, or The Mask worn publicly?
I bet there’s an internal dialogue.
Never the twain shall meet.We all can burn our copies of Hervey Cleckley’s, “The Mask of Sanity”
May 2, 2023 at 10:12 pm #134524Veracious PoetParticipantHe critiques the ‘benign policy’ of the VA of not diagnosing more psychopathic personality due to giving the benefit of the doubt to issues such as neurasthenia, hysteria, psychasthenia, posttraumatic neuroses, or cerebral trauma from skull injuries and concussions.
He concludes they have “records of the utmost folly and misery and idleness over many years” and if considering the number in every community who are protected by relatives, “the prevalence of this disorder (psychopathy) is seen to be appalling.”
In Section Two, “The Material”, Cleckley presents a typical “full” psychopath’s behavior in a series of 15 vignettes (originally nine in the first edition, and all male).
For example, the psychopath can typically tell vivid, lifelike, plausible stories that are completely fraudulent, without evincing any element of delusion. When confronted with a lie, the psychopath is unflappable and can often effortlessly pass it off as a joke.
Also included are six vignettes of “Incomplete manifestations or suggestions of the disorder (psychopathy)” in non-patients, such as “The businessman”, “The gentleman” or “The physician”.
However, despite the general picture of weak-willed and inconsistent antisocial behavior, he also states, at least in later editions, that some (psychopaths) may develop drives towards the most serious or sadistic crimes.
May 2, 2023 at 10:33 pm #134525aspnazParticipantFox News Executive Chairman Rupert Murdoch held a previously unreported call with Ukrainian President Volodymyr Zelenskyy this spring in which the two discussed the war and the anniversary of the deaths of Fox News journalists last March.
Sorry but I find it impossible to believe that Rupert Murdoch, supporter of the Ukraine war, has any thoughts at all about his dead employees. Maybe Zelensky raised the subject, him being a relatively nondescript puppet who has got himself into a position of being a hated man, all because he bought into the greed theme proposed by the satanic billionaires. Murdoch was either calling Zelensky to give him his intructions for the coming month or calling to find out why he had not been paid his latest cut of the theft. Murdoch is not a democrat, we all know that, he is just another greed-driven billionaire. I wonder how much of Ukraine will be going into Murdoch’s pocket and how much of the western aid is already there in his pocket.
May 2, 2023 at 10:35 pm #134526aspnazParticipantAs the war in Ukraine drags on, the government is selling off state assets in a big privatization spree. US fossil fuel corporations like ExxonMobil, Chevron, and Halliburton are participating in discussions to take over the Eastern European nation’s oil and gas industry, as Kiev pushes to increase production to replace Russian energy exports.
One big theft operation: all these oil companies were ready and waiting to get their hands on the Russian oil and gas fields, now they will have to make do with the Ukraine equivalents. It’s all about theft.
May 2, 2023 at 10:42 pm #134527Dr D RichParticipantEisenhower numero uno at West Point on the Hudson found a socially acceptable way to avoid The Combat of his young generation WWI in a manner that Supreme Allied Commander Eisenhower didn’t psychologically transfer into Pvt. Eddie Slovik for honestly asserting the fear of The Combat of his young generation WWII.
Slovik willing and accepting of the usual punishment for desertion as accorded his imprisoned peers found himself instead the object of the externalized object of Eisenhower internalized object state.
What internalized object vexed old Ike? Well, the shame of West Point’s No. 1 entirely avoiding WW1 had to be expiated as the entirety of the U.S. Armed Forces might very well have followed Pvt. Slovik’s leadership into mass desertion. Horseshit…
Projective identification in its most malignant form under the guise of legitimate authority.
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