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Fourth Time the Pentagon Is Faking the Books for Ukraine

Lew Rockwell Institute - Sab, 16/11/2024 - 05:01

For a fourth time the Pentagon is ‘finding money’ outside of the budget that can be spend on Ukraine.

I had previously noticed three occasions in which the Pentagon, on order of the Biden administration, used some  or ‘accounting error’ gimmicks to ‘find’ more money for Ukraine.

Pentagon Again Applies Budget Lies To Deliver More Weapons To Ukraine –  Jul 26 2024, MoA

The piece referred to three relevant news reports:

Exclusive: Pentagon accounting error overvalued Ukraine weapons aid by $3 billion – May 19 2023, Reuters

Pentagon accounting error provides extra $6.2 billion for Ukraine military aid – June 20 2023, AP

Pentagon finds another $2 billion of accounting errors for Ukraine aid – July 14 2024, Reuters

From the last link:

The Pentagon has found $2 billion worth of additional errors in its calculations for ammunition, missiles and other equipment sent to Ukraine, increasing the improperly valued material to a total of $8.2 billion, a U.S. government report revealed on Thursday.

Here is now another, the fourth, incident of creative budget accounting in favor of money for war in Ukraine:

All reports previously indicated that there was $4.3 billion left in the Presidential Drawdown Authority account, which reimburses the U.S. armed forces for munitions and equipment sent to Ukraine.

Turns out, the number is actually $7.1 billion, thanks to some revised accounting the Pentagon has done, DOD officials tell your anchor. That extra $2.8 billion isn’t just found money. The way things work is that the Pentagon calculates how much buying replacement goods for what it sends Ukraine will cost. The number crunchers at the Pentagon ran through the lists and discovered that replacement for some items cost less than anticipated.

The plan is for the administration to spend down that whole $7.1 billion by Trump’s inauguration on Jan. 20 …

Luckily, not all of the money will reach Ukraine:

[Spending the money] is a pretty tall order given the cadence of aid packages being announced roughly every two weeks work between $200 million and $500 million. Those numbers are going to have to go way up, but even then deliveries of that equipment would continue well into the Trump administration, which could turn off the spigot at any time.

I bet that the lower ‘replacements costs’ the Pentagon has found to spend more on Ukraine, will themselves turn out to be ‘accounting errors’. The replacements will – unfortunately they will say – later require much higher outlays than anticipated today.

Creative accounting like this, i.e. faking the books, is a no-no for commercial entity as it might well end with time spent in jail.

I’ll repeat myself:

Any commercial company doing what the Pentagon is doing here would be asking for serious trouble.

One wonder if and when Congress will wake up to this.

Reprinted with permission from Moon of Alabama.

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Has Matt Gaetz Been Set-up for Eviction from Public Life?

Lew Rockwell Institute - Sab, 16/11/2024 - 05:01

I have had a horrible thought. Of all of Trump’s appointees, Matt Gaetz and Robert Kennedy will be the most difficult to get confirmed. And Gaetz has resigned from the House of Representatives where he is the most effective member against the ruling establishment. Was his appointment as Attorney General a trick to get him out of public life?

Robert Kennedy’s appointment was said to be in doubt because  he would be hard to confirm, but so would Gaetz. Gaetz’s high profile powerful position  scares to death the corrupt Justice (sic) Department, the corrupt FBI, the corrupt Democrats, and the corrupt ruling elites.

Perhaps the Senate will let Trump have his appointments without confirmation as recess appointments, so non-confirmation is not an issue.

It is revealing that there were no confirmation worries about Trump’s appointments of his Zionist war cabinet. Some claim that it is not a war cabinet, that Stefanik, Waltz, Rubio, and Hegseth have been cured of their Zionism by Israel’s massacre of Palestinians. Perhaps, but I have not heard a recantation from a single one of the “die-for-Israel” crowd. Certainly, Huckabee, sent by Trump as ambassador to Israel, and Witkoff, sent by Trump as his Special Envoy to the Middle East, will not take exception to Israel’s claim to title to Palestine. So how are they going to bring about any Israeli restraint? Isn’t it curious that Trump didn’t appoint anyone inclined to rein-in Israel?

That the Democrats stood down from stealing the presidency in 2024 doesn’t mean they didn’t steal House and Senate seats. The Republicans barely did well enough to change a thin Democrat Senate majority into a thin Republican majority, and it seems there was little, if any, change in the House. In contrast, when Reagan won in 1980 the Republicans captured 12 Democrat seats in the Senate. It is suspicious that Trump’s convincing win did not carry over into Congress.

Trump is taking Republican members of Congress as appointees into his administration. Republican governors can appoint replacements until the next election, but the appointed replacements might be vulnerable as they were not elected. Matt Gaetz was secure in his base. Will his appointed replacement be as secure?

We can be thankful that Trump has appointed some officials who fight for the correct causes.  We can keep hoping that Trump will make a difference.

The post Has Matt Gaetz Been Set-up for Eviction from Public Life? appeared first on LewRockwell.

Trump’s Picks Are All Neocon Warhawks Ferociously Devoted to Israel

Lew Rockwell Institute - Sab, 16/11/2024 - 05:01

Trump’s hawkish lineup is starting to look like a reunion for the worst of US interventionists. The man who said ‘no wars’ hired a cabinet that’s clearly thirsting for the next one. @ghida_fakhry

It’s not Trump’s pro-Israel cabinet. It’s Israel’s pseudo-American cabinet. Alon Mizrahi @alon_mizrahi

Awww ! It’s over before it even started! Nick@NickJ132388

If George W. Bush was elected to a third term in office, this is what his cabinet would look like. Rubio, Waltz, Stefanik, Hegseth. Not a peacenik among them. Not an antiwar candidate among them. Not even a non-interventionist among them. Every single pick is a hard-boiled, right-wing war-hawk that is committed to marching in lockstep with the world’s most notorious pariah-state, Israel.

Let’s start with Trump’s pick for Secretary of Defense, the man whose job it is to oversee the War Department and act as the principal defense policymaker and adviser. Trump chose Fox television host Pete Hegseth, “a decorated Army veteran who served in Iraq and Afghanistan as well as Guantanamo Bay.” Hegseth has no administrative skills or experience, but he is a Trump loyalist who shares the president’s views on “woke” policies in the military. More importantly, Hegseth is dyed-in-the-wool Israel aficionado who thinks the interests of the Jewish state are inextricably linked to those of the United States. Check out this short excerpt from Pete Hegseth’s book, “American Crusade, Our Fight to Stay Free” (2020) that was posted on Michael Tracey Twitter site:

“Simply put: if you don’t understand why Israel matters and why it is so central to the story of Western civilization—with America being its greatest manifestation—then you don’t live in history. America’s story is inextricably linked to Judeo-Christian history and the modern state of Israel. You can love America without loving Israel—but that tells me your knowledge of the Bible and Western civilization is woefully incomplete…..

If you love America, you should love Israel. We share history, we share faith, and we share freedom. We love free people, free expression, and free markets. And whereas America is blessed with two big, beautiful oceans to protect it, Israel is surrounded on all sides by countries that either used to seek, or still seek, to wipe the nation off the map.

The battle wages on Israeli soil as well. With each trip I take to Israel for FOX Nation, and on my personal time, I discover a new way in which Islamists and their leftist enablers seek to deny Jewish history and heritage. Today, Islamists in Jerusalem are attempting to claim that the Holy Temple built by King Solomon and rebuilt by Herod never existed. Apparently, they want us all to believe that Jews—from Abraham to Jesus—never sacrificed, built, or worshipped on that particular piece of real estate. “Temple denial” is yet another tool by which they seek to erase the Jews and the Jewish state. If that isn’t delusional enough, on a recent trip to Bethlehem—the birthplace of Jesus—I discovered that Palestinians now claim that Jesus was not in fact Jewish but instead a Palestinian. Try that one on for size—or watch my two FOX Nation documentaries on the subject: Battle in the Holy City and Battle in Bethlehem.” Michael Tracey@mtracey

A Secretary of Defense doesn’t have to be impartial to fulfil his responsibilities to the president and the American people, but it does make one wonder how Hegseth’s pro-Israel zealotry will impact the way he implements US policy. If, for example, Hegseth was ordered to stop the delivery of all bombs and lethal weaponry to Israel while ceasefire negotiations with Hamas took place, would a Christian Zionist like Hegseth obey such an order or act according to his own deeply-felt religious convictions?

I can’t answer that, but the obvious conflict of interest should have been a red flag for Trump if his goal was actually “America First”.

Oh, and did we mention that Hegseth is also an Iran hawk, which appears to be a basic requirement for any position on the Trump team. This is from Axios:

Alongside his strong support for Israel, Hegseth has also expressed strong positions regarding Iran… He had called the Iranian revolutionary government an “evil regime”, and in 2020 said that if Iran wanted “to come back to the table for talks on their nuclear capabilities” it should do so “limping and begging.”…

“Sometimes we have moments, and I happen to believe we can’t kick the can down the road any longer in trying to prevent Iran from getting a nuclear bomb,” Hegseth said in an appearance on Fox & Friends.

“What better time than now to say ‘we’re starting the clock, you’ve got a week, you’ve got X amount of time before we start taking out your energy production facilities. We take out key infrastructure, we take out your missile sites, we take out nuclear developments, we take out port capabilities.’” Trump appoints pro-Israel, Iran hawk Pete Hegseth for secretary of defense, Axios

Does that sound like a reasonable approach to you or the fast-track to a regional war?
And how does this fit with all the non-interventionist gobbledygook that Trump was spewing before the election? Was it all for show? And, please, don’t tell me that Hegseth wasn’t fully vetted or that Trump was unaware of his political views before he picked him. That’s nonsense. Hegseth is a hard-nosed, prowar jingoist who recently dismissed public demands for a ceasefire as “extortion on behalf of Hamas” (say what??) and who thinks the only problem with Biden’s Middle East policy was that it wasn’t tough enough.’ And so it is with all Trump’s picks. They’re all ferociously devoted to Israel and they’re all gung-ho for a war with Iran.

Pete Hegseth on dual loyalty—Wow.

Here’s how the typically temperate Daniel McAdams summed up Hegseth:

President-elect Donald Trump’s designated Secretary of Defense is a certifiable lunatic. A cultist in the manner of Manson. Literally someone who needs to be in a mental hospital. Who craves an apocalyptic war to end all of mankind so that his twisted understanding of God will come down and slaughter all (including Jews) who do not convert to his cult’s beliefs. This is a truly dangerous person. This is the person running our military machine. The madmen have taken the asylum. Daniel McAdams @DanielLMcAdams

Yikes. Looks like Don Rumsfeld won’t be our worst Sec-Def after all.

Then there’s Marco Rubio or “Little Marco” as Trump used to affectionately call him during the 2016 campaign. Rubio—who Trump picked as Secretary of State—is another shoot-first-and-ask-questions-later warhawk whose views veer only slightly from those of John Bolton and Lindsay Graham. In a recent video by peace activist Medea Benjamin, Benjamin—who is shown standing outside Rubio’s senate office next to a giant flag of Israel—says the following:

We are here outside Marco Rubio’s office. You have probably heard that he has been picked by Trump to be the next Secretary of State. We have been to his office before, and we were always curious that there was an Israeli flag outside. And I thought maybe he would take the flag down to show his allegiance is 100% to the US government and not to the Israeli government. But, no, lo and behold, the flag is still here, which gives you a pretty good indication of where his allegiance is going to be as Secretary of State. Medea Benjamin@medeabenjamin

Imagine if Rubio placed a Russian flag outside his office, or a Palestinian flag? What do you think the reaction would be? Is it really appropriate for a US senator to display the banner of a foreign power in front of his taxpayer-provided office? Here’s more background on Rubio from Michael Tracey:

Marco Rubio would arguably be the most hardcore interventionist Secretary of State for an incoming administration in decades, perhaps rivaling Hillary Clinton. Definitely outpaces Colin Powell, who was in the relatively more “realist” faction of the G. W. Bush Administration

And here’s more on Rubio from the horse’s mouth, The Jewish Telegraphic Agency:

President-elect Donald Trump is filling out his national security team with pro-Israel hawks who favor maximum pressure on Iran… Reports Monday said Trump planned to name two Floridian allies to top jobs: Sen. Marco Rubio will be tapped to be secretary of state, and Rep. Michael Waltz will be his national security adviser.

Both men have said Israel should not be prevented from staging a direct attack on Iran’s nuclear weapons program. That stance echoes Trump who, before the election, urged Israel to “​​Do what you have to do.” Trump had criticized President Joe Biden for confining Israel to only hitting military sites, but not nuclear ones, in a retaliatory strike….

Trump has yet to formally name Rubio, but his pending appointments has been widely reported and the Republican Jewish Coalition, which has a longstanding relationship with Rubio, congratulated him.

“President Trump’s choice of Senator Rubio for this critical role sends a message loudly and clearly: The days of weakness and appeasement are over,” the RJC said in a statement on Monday night. “We know that with Senator Rubio leading the State Department, America will stand shoulder-to-shoulder with our allies and confront our enemies.”

Rubio came up in Florida politics in part because of the backing of billionaire auto dealership magnate Norman Braman, a past president of the Greater Miami Jewish Federation. He is known to be close to Miriam Adelson, the pro-Israel casino magnate who funneled $100 million into Trump’s campaign this year…

In October, after Iran barraged Israel with missiles, and as Israel’s conflict with the Lebanese terror group Hezbollah was escalating, he tweeted, “Israel should respond to Iran the way the U.S. would respond if some country launched 180 missiles at us. And they should do in Lebanon what we would be demanding our leaders do if terrorists were launching anti-tank rockets at us from a neighboring country, forcing 60000 Americans to evacuate their homes and farms for almost a year.”

In the 2016 election, she and her late husband, Sheldon Adelson, were close to deciding whether they would back Rubio or Texas Sen. Ted Cruz as the Republican nominee. Then Trump pulled ahead of the pack and Sheldon Adelson decided to endorse the reality TV star.

Funny how much influence people like Adelson have when it comes to selecting who is going to lead the country. And, it doesn’t stop there either because—as we can see—a hundred million bucks not only buys you a president but everyone in the president’s cabinet as well. Sounds like a bargain to me, although seriously corrupt too. It is convenient, however, when publications, like the Jewish Telegraphic Agency, explain exactly how the system works and then boast about how it serves their overall interests. What’s that saying about “the tail wagging the dog”?

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Most Important Things You Need To Do Right Now To Be Prepared For a Natural or Man-Made Disaster

Lew Rockwell Institute - Sab, 16/11/2024 - 05:01

In today’s world we need to be vigilant and prepared for sudden changes in our environment which may be brought on by Mother Nature or Political Activities. We all want to protect our family from harm, and preparedness for disaster emergencies should be one of our top priorities. I’m not advocating that you pack up your family and move to some isolated location to hide from the world, but I am offering simple preparations for ice storms, floods, hurricanes, or terrorist activities will make your existence much more palatable during the disaster.

1. Be prepared

Yes, the first thing on the list is to use the list to be prepared. It is one thing to take a glance at the list, but unless you actually put this list into a workable plan for your family, then reading this is just wasted time on your part. Just making the preparations will give you a sense of calm when faced with the disaster.

This sense of calm will work in your favor because you will be less likely to be one of the hordes of people acting in a reactionary, fear driven, panic when the reality of the disaster is recognized (usually when the news anchors start saying things like “This is going to be bad.”… or… “We can’t stress enough the dangerous nature of this storm.”… or… “Here is video of people fighting over the last of the bread at this grocery store.”… or… “The police have lost control of this area of town.” While the crowds are rushing to the grocery store and emptying the aisles of bread and milk, you will be safely at home making last minute preparations to keep yourself and your family safe.

Because I realize that there is a definite cost factor in making these preparations, I will try to prioritize the items on the list as to which are absolutely necessary and which ones can be added as funds are available. Any item with an * next to it is a priority item and needs to be included from the beginning. To my Prepper Friends, I do realize that this list will not satisfy your need to prepare for any and all situations and it is only a short term duration solution, so don’t pounce on me with a long list of items that you think I have left off. It is intentionally a short, condensed list which is meant to help an average family through a short term disaster situation, not a nuclear holocaust. I also have not addressed any need for firearms or ammunition.

A big part of the preparation is being organized. There will be enough things to be concerned with when the situation presents itself, trying to remember where all of your supplies might be stored should not be one of them. Buy one of the following. We will be storing everything possible in them, so your preparedness items will be readily available to you when you need them.

a. Storage Locker* – Find a well built, heavy plastic storage locker that is large enough to hold a lot of gear, but still small enough to fit in the trunk of your car or the bed of your truck. This is not one of those plastic storage bins that people use to store winter clothes in during the summer, this thing needs to be a bit more durable than that. Find one with handles to make it easier to move into and out of your vehicle. Most stores like Academy will have them starting at about $20.

b. Backpack* – This is not a child’s school backpack. Go to the camping section and find one that is well made, durable, and large enough to hold lots of stuff. Don’t worry about it being too big, we are not going to have to backpack across the Grand Canyon with it, and my experience is that you ALWAYS need more space to store stuff. The starting price for a good one will be around $39, but if you can only afford a back-to-school type backpack, go ahead and get it, we can always upgrade later.

2. Shelter from the weather

Unexpected disasters will likely subject you to the elements. This could be due to a fast developing situation where you are caught away from home when the disaster strikes, or it could result from a storm that has caused widespread power outages, broken windows in your home, or taken off a portion of your roof. Exposure to the weather is not just annoying, it can be dangerous. The combination of being wet and cold is deadly.

a. Polyethylene tarp – These come in a variety of sizes and are quite inexpensive. (a 6×8 tarp is only about $5 if you check some camping supply stores). These are great for keeping out the weather if windows are broken during a storm. They can also be used for a makeshift tent if you happen to be caught out of your home when the disaster strikes. They will be great for keeping you dry and holding off the wind. Get 3-4 of them. Put them in your storage locker.

b. Plastic rain poncho* – One for every member of your family, plus a few extra (they are cheap (as little as $1) and will get torn when being worn for any length of time). Get the kind that fold up into a small pouch. Put into your backpack.

c. Quart – ½ Gallon sized plastic zip-lock bags* – These will be used to store some of the items on this list as well as storage of food and medicines. These are important, but cheap. Put in the storage locker.

d. Wool, Cotton, Fleece pullover or Hoodie – One for every member of the family. My preference would be wool, but anything is better than nothing. They are about $12 each for Haynes brand at most stores. If the power goes out, or if you are caught away from home, the cooler temps at night are deceptively dangerous. One main goal is to stay dry and warm. Roll up and place into a zip-lock bag and then put in your backpack.

e. Extra wool or cotton socks* – Two or three pair for every member of the family. Style is not important here, regular white tube socks are just fine (about $8 for a pack of 3). Cheap, but a fresh change of socks can do wonders, and will help keep your feet more healthy and comfortable during the disaster situation and can act as emergency mittens if needed. I can’t say enough about taking care of your feet. I know it sounds trivial, but it is not. Put unopened packs into zip-lock bags and then into your backpack (keeping them dry is key).

f. Change of clothes* – A complete change of clothes for each member of the family. This is not time for a fashion statement, we are after durability and function here. Long pants (blue jeans) and a long sleeve shirt. Don’t forget a change of underwear. Also include a pair of shoes that you would be comfortable wearing for long periods of time. An old pair of tennis shoes might be the answer. Really no costs here, we are going to use clothes we already have in the closet, but probably don’t wear because it has a stain on it, or it is not a color we wear often. Put in the storage locker.

g. Sleeping Bag – One for each member of the family. In this case, I am recommending a specific product, SOL Emergency Bivvy Bag* (do a Google search for stores selling it). Sells for about $17 each but packs up very small and will save your life. Much smaller than a standard sleeping bag (starting price, around $20). If you have the room for a sleeping bag for each person, by all means get them. Store the SOL Emergency Bivvy Bag in your backpack, and the Sleeping bags in a single location near where you will store the backpack and storage locker.

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Why I Predict that Trump Will Fire His National Security Advisor, Mike Waltz

Lew Rockwell Institute - Sab, 16/11/2024 - 05:01

(I was, I now recognize, unintentionally deplatformed here because Substack had switched to a no-human totally automated system for enabling writers to sign in, and it led in circles, so I haven’t been able to sign in ever since October 12th. By a stroke of luck, I was finally able to sign in today; and, so, here is today’s article:)

14 November 2024, by Eric Zuesse. (All of my recent articles can be seen here.)

On November 13th, I headlined “Why Trump Must Fire His National Security Advisor Mike Waltz”, and documented that Waltz advises Trump to allow Ukraine to use U.S. weapons in order to bomb The Kremlin — something that (as I explained) even the deeply neoconservative President Biden had finally (on October 10th) decided not to do. Later that day (November 13th), Trump announced his appointment of Tulsi Gabbard to be his Director of National Intelligence (DNI) — the U.S. President’s eyes and ears on the latest confirmed information from all 17 U.S. intelligence agencies (all member-agencies of the U.S.A. Intelligence Community), such as the CIA, FBI, and Defense Intelligence Agency. The fight to confirm her in the almost totally Deep-State-controlled U.S. Senate will be huge, but any Republicans who vote against her will be conspicuously on the side of Hillary Clinton and (since she’s hated by that Party) might become defeated at the next election, and any Democrats who vote against Gabbard will lose all support from the significant progressive segment of that Party’s electorate; so, the result could go either way. I think that her appointment will be approved.

Unless Mr. Waltz will be taking a crash course on the actual history entailed in protecting U.S. national security (which would have to include, at a bare minimum, all of the linked-to documents in my November 13th article, as well as in the documents that are linked-to therein), and correct himself on that matter prior to Inauguration Day, 20 January 2025, Trump will be informed by Gabbard that the National Security Advisor (NSA) Waltz’s recommendation to say yes to the Ukrainian President’s (Volodmyr Zelensky’s) request for permission to be granted to use U.S. weapons to bomb The Kremlin would almost certainly lead, in very short order, to a nuclear war between Russia and the United States, WW3.

At that point — if not even sooner — President Trump will almost certainly appoint a different person to be his National Security Advisor.

The DNI doesn’t only report to the President, but also advises the President. This is perhaps the most important post in the Administration of any U.S. President. Beyond serving merely as a reporter of facts to the President, the DNI also serves, upon the President’s invitation, as the principal advisor to the President of the United States, the National Security Council, and the Homeland Security Council on all intelligence matters. The DNI, supported by his/her Office of the Director of National Intelligence (ODNI), produces the President’s Daily Brief (PDB), a top-secret document including intelligence from all 17 Intelligence Community (IC) agencies, which Brief is handed each morning to the President of the United States. If the President will fail to invite the DNI to advise and not only to report, to the President, then the President will likely replace that DNI, because the DNI is the only individual who receives all of this information; the NSA doesn’t. The NSA is one of many federal posts that are superfluous (if not even worse).

The DNI position received its power from the President on 18 February 2005, when GW Bush reorganized the U.S. Intelligence Community and transferred to the Director of National Intelligence the authority that, till the creator of the CIA, Truman’s, time, had rested with the Director of the CIA: the power to produce the President’s Daily Brief on intelligence.

The CIA is one of many federal agencies that are superfluous (if not even worse — anti-Constitutional) because the actual central intelligence agency of the U.S.A. is, and since 2005 has been, the ODNI. The only other powers that the CIA had had (which were not transferred) were the Directorate of Operations within the CIA, which in 2005 became re-named the National Clandestine Service (NCS), but under President Biden they were “rebranding” it back again to the Directorate of Operations, because the straightforwardly named NCS was too-obviously an aristocratic dictatorial organization, a foreign coup-producing machine, at odds with, and inconsistent with, the intent of the U.S. Constitution, which was intended by its authors to produce a democratic republic, not any type of dictatorship nor empire. Already, back in 1983, after the 1976 (Frank) Church Committee hearings on the CIA (its Directorate of Operations) as being the aristocracy’s coup-producing machine, the Directorate of Operations was largely transferred to the so-called (but likewise funded largely by the U.S. Government) charity, the National Endowment for Democracy (NED), which continues the Truman-created coup-producing machine, such as in the PhilippinesBangladesh (and this), and, of course, Ukraine, but does all of this as a ‘charity’ (501(c)3) (or ‘nonprofit’), so that the U.S. regime’s acquisitions of new colonies (such as Ukraine in 2014) will be ‘acts of kindness’ instead of acts of greed.

The report by the Church Committee acknowledged (page 438) that “The CIA engages in both overt and clandestine activity within the United States,” but was not critical of it, except that they advised that it “could lead to an exploitation of cooperating Americans beyond that which they themselves envisioned,” etc. And the report was otherwise entirely uncritical, and avoided saying anything about coups. It explicitly accepted that there must be “The conduct of foreign covert action operations” (including coups). It acknowledged (p. 536) that “The U.S. intelligence community soon became a global city desk to support the role of global policeman,” but had no criticism against that “global policeman” role. Though it was a total cover-up, the Committee’s mere existence scared America’s Deep State to make some PR changes. Thus far, that is all of the change which has actually occurred.

Trump, during his campaign for re-election, made many promises to conservatives, which everybody knows about, but he also made many promises to progressives (of which I am one), which are far less well-known (and I have documented those promises here. They included: “With you at my side, we will demolish the Deep State, we will expell the war-mongers from our government, we will drive out the globalists, we will cast out the communists Marxists and fascists, we will throw off the sick political class that hates our country, we will rout the fake news media, and we will liberate America from these villains, once and for all.” With the appointment of Tulsi Gabbard as his DNI (and, though not yet as official, of RFK Jr. to head a “Make America Healthy Again” operation in the federal Government), maybe he’s not ignoring us, after all.

(I should note here that when I refer to “progressivism” I refer to the opposite of “conservatism,” not to the mixture of progressivism and conservatism that is called “liberalism,” which is actually the extremely hypocritical form of conservatism, which pretends to be compassionate toward the poor but is just as ruthless as conservatism is, so that, for liberals, tax-exempt ‘charities’ that are more for the benefit of the billionaires who create and fund them than they are for the benefit of the poor in order to help them to rise into the middle class, are doing what is actually the most important obligation that the government and taxes — NO ‘nonprofits’ — OUGHT to be funding. In other words: all ‘nonprofits’ are, to progressives, basically mere scams for billionaires, though viewed by liberals as authentic kindnesses. A progressive opposes all tax-advantages for the super-rich, but liberals join with conservatives in approving of those tax-advantages, which actually constitute government funding of increased wealth-inequality.)

This originally appeared on Eric’s Substack.

The post Why I Predict that Trump Will Fire His National Security Advisor, Mike Waltz appeared first on LewRockwell.

Kennedy’s Nomination to Lead HHS Answers His Prayers – and Mine

Lew Rockwell Institute - Sab, 16/11/2024 - 05:01

Late yesterday, as I was finishing a hike in the Catskills, I received word that Robert F. Kennedy Jr. had been nominated to serve as Secretary of Health and Human Services.

Kennedy’s prayers were answered. So were mine.

In a video Kennedy posted on YouTube two weeks ago, the newly nominated candidate for Secretary of the Department of Health and Human Services (HHS) tells a Tucker Carlson Live audience, “For 19 years, since 2005, I have spent 30 minutes praying every day . . . I ask God … to put me in a position where I could end the chronic disease epidemic and bring health back to our children.”

God listened.

Kennedy has been censored by the Biden administration for speaking the truth. He has been excluded and vilified by the DNC-aligned legacy media as being “anti-vaccine” and “anti-science.” Despite everything that the DNC, the legacy media, and Big Pharma has thrown at him, Kennedy now stands tall as the man with a historic opportunity to reform HHS.

The Department of Health and Human Services is the massive federal agency that has failed in its mission to protect the health of Americans due to corruption, corporate capture, and an arrogant lack of transparency on everything ranging from vaccine safety data to research that serves the interests of industries it is supposed to regulate.

Following President-elect Trump’s announcement on November 14, Kennedy issued this statement on X:

“Thank you, Donald Trump, for your leadership and courage. I’m committed to advancing your vision to Make America Healthy Again. We have a generational opportunity to bring together the greatest minds in science, medicine, industry, and government to put an end to the chronic disease epidemic. I look forward to working with the more than 80,000 employees at HHS to free the agencies from the smothering cloud of corporate capture so they can pursue their mission to make Americans once again the healthiest people on Earth. Together we will clean up corruption, stop the revolving door between industry and government, and return our health agencies to their rich tradition of gold-standard, evidence-based science. I will provide Americans with transparency and access to all the data so they can make informed choices for themselves and their families. My commitment to the American people is to be an honest public servant. Let’s go!”

Kennedy’s plan is long past due because the poor health of Americans is now a national crisis.

Americans now die years earlier than people in European countries do even though Americans spend more on health care. Cancer rates are skyrocketing and the term “turbo cancers” in adults under 50 has entered our national health parlance. Diabetes rates and costs are crippling the economy. Autism, once a rare disorder, now dominates our nation’s special education expenditures.

Under the Biden administration, the Department of HHS has said nothing about the ongoing global excess deaths crisis, explained so well here by Dr. John Campbell.

Looking back at the Covid pandemic, the vast majority of our countrymen who died had multiple comorbidities. Our public health system cranked out vaccines that produced serious adverse consequences and failed to stop the spread of the virus. Nothing was done about the comorbidities.

The result was Pfizer and Moderna reaped record profits.

Americans died in droves.

HHS is supposed to protect the health of Americans – not the interests of Big Pharma, Big Ag and Big Chem. The DNC-aligned legacy, such as CNN, are going to scream “Kennedy is anti-vaccine” from now until the confirmation hearings – and well beyond. The thought of Kennedy upending the profitable apple carts of their Big Pharma sponsors is terrifying to decaying news outlets like CNN, which may soon announce layoffs. One can expect what is left of the legacy media will now try to push the U.S.  Senate to block Kennedy’s confirmation.

Big Pharma is already feeling the heat: As reported by Just The News, Pfizer and Moderna stocks fell immediately after RFK Jr. was chosen for HHS Secretary. Moreover, Republican Senator Rand Paul is planning to hold hearings on the Covid cover-up.

Big Pharma is now under seige in the Senate.

My advice to Republican Senators is to reject the influence of Big Pharma and the legacy media. Republican Senators need to respect the will of the people. Afterall, it was  two movements – MAGA and MAHA – that have given their party a mandate to lead and to improve the health of Americans.

For Senators from the Democratic Party, it is time to finally smell the coffee. Supporting Kennedy’s nomination is an opportunity to show Americans that you care about their health more than you do about Big Pharma donors.

Trump and Kennedy now have a mandate to improve the health of the nation. It is an opportunity to leave an historic legacy.

As I finished my hike, I said a prayer of thanks. I thought about the vaccine injuries my sons suffered. I thought about the people I know who have endured Covid vaccine injuries. I thought about the autism warrior moms and dads I have been blessed to meet over the past twenty years. The children we raised to adulthood and to better health. The doctors and scientists who stood up for the truth and were persecuted by their profession, their peers, and the media. The advocates who spoke out and who were attacked. The authors who wrote books they knew would be censored but wrote them anyway.

All of that work and sacrifice led to this moment.

A warrior mom friend of mine who has raised three children with autism sent me a text – an old Mexican proverb.

“They tried to bury us,” she wrote. “They didn’t know that we were seeds.”

This originally appeared on The Kennedy Beacon.

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A Prophet Among Bishops

Lew Rockwell Institute - Sab, 16/11/2024 - 05:01

The autumn sky above the old shot-and-beer city was a deep and endless blue. Woodsmoke hung in the air and small boats chugged out purposeful routes on waterways. The Ravens are playoff-bound, and the youth-strapped Orioles made it to the postseason again. All was right on Baltimore’s harbor Wednesday—perfect even—as joggers politely zig-zagged through the 200 or so folks who’d gathered to pray the Glorious Mysteries of the Rosary alongside the world’s loneliest bishop.

Sunlight poured onto the face of Joseph Strickland when he rose from the concrete after leading the Catholic blue-collar symphony in the Salve Regina. Leaves scraped the ground, seagulls called, and a few of the faithful readied themselves to see if the bishop might not mind having his picture taken.

It was as picture-postcard an autumn day as you’re going to find in Baltimore; all seemed just perfect—until that bishop just had to go and spoil everything.

He picked a fight; he confronted the expanding Babylon.

Ah, but wasn’t it such a lovely day to go and die?

Directly after the Rosary, the outcast from Tyler, Texas read aloud a letter he’d written to his episcopal brethren. After just a few words, some in the gathering stood gape-mouthed. The bishop-with-no-flock seemed to have transmogrified into Ezekiel—albeit, a humble and soft-spoken Old Testament version—but still, one who had been commissioned by God, or perhaps by Mary (to whom he had given his priesthood) to address the silence of his old friends in the aftermath of the Synod on Synodality.

Keeping to O.T.-prophet form, Bishop Strickland dismissed pleasantries from the beginning of his letter, a letter that might as well have been written with a reed onto parchment and discovered a thousand years from now in a cave outside of Baltimore. From the top:

You gather here today, present-day apostles, as the Church and, therefore, the world stand perched on the edge of a cliff. And yet you who are entrusted with the keeping of souls choose to speak not a word of the spiritual danger which abounds. Today we stand on the cusp of all that has been prophesied about the Church and the abominations which would come forth in these times, a time when all of hell attacks the Church of Jesus Christ, and a time when the fallen angels of hell no longer seek entry into her sacred halls but instead stand inside, peeking out of her windows and unlocking doors to welcome in more diabolical destruction.

If sinews, flesh, and bones are to reconnect in the valleys of dry bones—in the valleys of both the morally-collapsing world and the Catholic Church— the voice and message should be pointed and strong. Still—in his innermost recesses—even the bishop knew that spinal columns and all the rest wouldn’t be reconnecting inside the high-end hotel. I have to imagine, he believed things would just keep running their course.

But that’s the glory of supernaturalists—those who believe in everyday miracles, the guiding light of guardian angels, and the way in which the flames of Hell or Purgatory consume those who neglect properly shepherding souls. Supernaturalists, like Bishop Strickland, understand God has the power to take a letter, shunned by bishops, and place it as a sacred icon into long-slumbering or timid souls.

Prophets just do what they’re told, and leave the rest to God.

Supernaturalists believe in miracles of wide sweeping scope.

Bishop Strickland finds himself in the middle of both, which is why he finds himself on the fringes.

But on Wednesday, he was more the prophet, who was considering the millions of Catholic youth, the college-aged, and young adults who pour from the Church like biblical plagues, even on a day when Pope Francis urged an international community at the United Nations’ COP29 event to respond swiftly to climate change and to implement billion-dollar plans to make it happen.

Prophets pick strange words and images-rarely heard anymore in this world-to make substantive points about a natural worldview supplanting the spiritual.

Do you not know that Our Lord will send forth His avenging angels to heap coals of fire upon the heads of those who were called to be His apostles and who have not guarded what He has given unto them?

And yet almost all of you, my brothers, stood by silently watching as the Synod on Synodality took place, an abomination constructed not to guard the Deposit of Faith, but to dismantle it, and yet few were the cries heard from you – men who should be willing to die for Christ and His Church.

The Synod’s final document has been released, yet with the sleight of hand which is so characteristic of the Francis-controlled Vatican. By drawing attention to the issues which worried many, they have slipped in what was always their real goal without anyone even noticing. What they were after in the first place was the dismantling of Christ’s Church by replacing the structure of the Church as Our Lord instituted it with a diabolically-inspired new structure of “synodality” which in actuality is a new church that is in no way Catholic.

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Return of the Neocons—Trump Appoints Staunch Supporters of America’s Forever Wars to Serve in His Cabinet

Lew Rockwell Institute - Sab, 16/11/2024 - 05:01

Going into the November 5th election, I predicted if the Democrats didn’t cheat, President-Elect Donald J. Trump would win 31 states with 312 votes and win the popular vote by 3% and the GOP would hold the House and pick up the Senate and that is exactly what happened. Trump’s election as the 47th President of the United States has given hope to tens of millions of Americans that his new administration will act to end Biden’s proxy wars with Russia and Iran and will steer clear of an all-out war with the PRC when they blockade China likely sometime early next year perhaps in January around Inauguration Day. Millions of non-Americans abroad likely felt the same sense of relief from Trump’s landslide victory that proved democracy works and the American people still have a choice on who they want to serve as their President.

I have never been more excited about a Republican presidential ticket in my life. Trump now has a mandate from 75 million Americans to fulfill his pledge to end Biden’s proxy war in Ukraine in the first several days of his presidency. He also has a mandate to make peace with China and avoid the outbreak of World War Three over Taiwan and to end our proxy war with Iran in the Middle East while restoring prosperity and freedom to Americans here at home in the interests of healing and uniting our great country.  President-Elect Trump recently stated “I am not going to start wars, I am going to stop wars.” That statement is the very definition of a Reaganite policy of policy of peace through strength that enabled us to win the Cold War against the Soviet Union. A similar policy may enable the US to win our Cold War against the People’s Republic of China.

In addition to pledging to end America’s foreign wars, Trump won by pledging to put America First, implement broad revenue-based tariffs of ten to twenty percent on foreign goods—essentially a variation of former House Speaker Paul Ryan’s Border Adjustment Tax which he proposed six years ago, deporting 25 million illegal immigrants and driving down food, fuel and housing prices to make life more affordable for working class and middle-class American citizens. Trump was rewarded with record-breaking support from blacks, Latinos and young adults under thirty years of age.

President-Elect Trump has already begun announcing many of his senior Cabinet member picks, some of them more controversial than others. He announced he has chosen neocon Rep. Mike Waltz (R-FL), a US Army Reserve Colonel, to serve as his National Security Advisor. Waltz served as a Green Beret and served as a counterterrorism adviser to Vice President Dick Cheney (who notably endorsed Vice President Kamala Harris for President) and later opposed withdrawing large numbers of troops from Afghanistan without strict conditions. LTC Darin Gaub (USA Ret.) wrote that “Waltz is well known as a hawkish figure and NEOCON who is more likely to continue to advocate for and push for forever wars than for ending them. If appointed, it remains to be seen how his push for continued conflict will mesh with Trump’s goal of ending it.” However, on the bright side, Waltz is well-informed on the existential threat of super EMP attacked having been briefed by members of the Task Force on National Security which I help lead.

Trump also announced he will nominate Sen. Marco Rubio to serve as his Secretary of State. RFK Jr. reportedly expressed strong opposition to Trump appointing Rubio as Secretary of State while Elon Musk, Charlie Kirk and Rep. Anna Paulina Luna (R-FL) cautioned fellow MAGA supporters from believing Trump had chosen Rubio until Trump had officially confirmed the pick.  According to Politico, this nomination has provoked major backlash from Trump’s MAGA supporters.  Politico reported: “Conservative comedian Dave Smith said Tuesday that Rubio is “a disaster.” “Might as well give Liz Cheney the State Department,” Smith wrote. “Awful sign.” “Rubio? Was Hillary unavailable?” wrote another far-right influencer. Other MAGA acolytes recirculated old Trump Twitter posts about Rubio, including during the 2016 primary, when Trump called him a “perfect little puppet” for the late donor Sheldon Adelson, as well as a “total lightweight” and “overrated politician.”

Glenn Greenwald, a Trump aligned anti-war activist criticized the picks, posting on X: “Trump’s last 3 appointees – Elise Stefanik, Mike Waltz (sic), and Rubio – are war hawks fully aligned with the worst prongs of bipartisan DC consensus.” It seems clear they are not aligned with Trump’s stated America First foreign policy priorities. Unfortunately, Trump’s ‘superhawk’ neocon warmonger Republican establishment picks for Secretary of State with Sen. Marco Rubio (R-FL) and National Security Advisor with Rep. Michael Waltz (R-FL), could serve to prolong the war in Ukraine indefinitely as they will likely push Trump to demand harsher peace terms for Russia that Putin will never accept.

Before the 2024 presidential election when I was asked during dozens of interviews how I thought Trump’s election would change US foreign policy towards Russia and China, I expressed confidence that Trump would steer clear of wars with both nuclear superpowers so long as Trump didn’t make the same mistake he made during his first term by appointing neocon warmongers and former Iraq war cheerleaders who worked to sabotage all his attempts to end America’s foreign wars in Iraq, Syria and especially Afghanistan. I had hoped that Trump would appoint America First conservatives like Vivek Ramaswamy to his Cabinet. However, it seems he is making the same mistakes in doing so he made during his previous term failing to appoint any America First conservatives/foreign policy restrainers to his incoming administration.

A week ago, I wrote: “I am concerned about the number of neocon imperialist warmongers that are being considered for Trump cabinet positions. Also, he is reportedly being advised by the neocon “America First Policy Institute” think tank on who to pick. We may see a lot of Deep Staters in his second term cabinet. The good news is that if he makes VP Elect JD Vance, his main national security policy advisor, he will make the right decision every time.”

Trump’s neocon Cabinet picks have left his supporters concerned given that there are multiple Trump MAGA supporters on Trump’s transition team. One would think would be strongly advising Trump against some of his counterproductive Cabinet choices who don’t align with his foreign policy views and who could work to sabotage Trump’s America First foreign and national security agenda from within the senior ranks of the administration as well as from Congress with both Houses set to be led by neoconservatives. If Trump’s America First agenda were to be sabotaged by his Deep State Cabinet members and Deep State US Senate Majority Leader, Democrats could take back both houses of Congress in 2026 and then Trump may end up having a failed presidency.

Earlier this year, a host of retired generals and neocons acolytes reportedly briefed Trump at Mar-a-Lago and persuaded Trump to drop his opposition to the Biden-Johnson $61 billion monstrosity. Now, this same neocon cabal that misled Trump to abandon his opposition to further Ukraine aid may be helping to hand-pick his Cabinet officials who will be in charge of determining US foreign policy and national security policy. Suspending aid to Ukraine is absolutely necessary to pressure Zelensky to agree to negotiate an end to the war with Russia so Johnson’s decision to support the Biden Ukraine foreign aid boondoggle has only served to prolong the war several months longer than necessary leading to the deaths of tens of thousands more Ukrainian soldiers. The question is will the neocon cabinet officials Trump is surrounding himself with succeed in convincing him to drop his opposition to forever wars being fought in opposition to US national security interests?

Trump’s choices for Cabinet seem to prioritize loyalty but some of them also seem calibrated to ensure easy bipartisan US Senate confirmation with multiple Democrats voting to support them given Democrats support a hawkish foreign policy particularly with regards to Russia showing he is not overly concerned with picking Cabinet officials who are ideologically aligned with his laudable America First foreign policy agenda. Far-left Democrat members of Congress are also beginning to express support for Trump’s neocon Cabinet picks with whom they align ideologically in terms of supporting America’s failed policy of liberal hegemony. The Hill reports that Democratic Pennsylvania Sen. John Fetterman said he would vote to confirm his colleague Sen. Marco Rubio (R-Fla.) as secretary of State if selected by President-elect Trump.

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Abolish the Department of Homeland Security

Lew Rockwell Institute - Sab, 16/11/2024 - 05:01

The Trump transition team on Wednesday announced that he is nominating South Dakota governor Kristi Noem as the next head of the Department of Homeland Security (DHS). In the coming weeks, we’ll hear a lot about Noem’s personal politics and origins. We’ll also hear about how the DHS is, as the AP puts it, “one of the biggest government agencies that will be integral to his vow to secure the border and carry out a massive deportation operation.”

Unfortunately, all this misses the most important point about the DHS which is that the DHS was invented in 2002 to justify more government spending, to reward political allies, and to influence local governments with federal grants.

For voters who supported Trump because they thought a Trump presidency might actually reduce government waste, they should now be asking why Trump is appointing any new DHS head at all. The only thing Trump should do with the DHS is abolish it.

For younger readers, or people with terrible memories, this might sound radical or extreme. But, I can assure you, dear reader, that the United States somehow managed to get along for more than 225 years before this department was created twenty-two years ago by Congress and the Bush Administration.

Much of what the Department does today was not new in 2002, of course. The federal government already had a border patrol, and it already collected tariffs on imports. The Coast Guard was alive and well. The Secret Service already existed, as did various agencies related to nuclear energy and the inspection of agricultural projects.

But, the DHS has always been more than just a reorganization of existing agencies. The DHS has overseen new slush funds for domestic police departments. It is the DHS that has largely facilitated the militarization of local police forces. As Wired put it in 2020, “the Homeland Security Grant Program has funneled billions of dollars to law enforcement agencies to acquire military-grade equipment.”

Nonetheless, the creation of the DHS has done nothing to make the border more secure, or to facilitate the enforcement of tariffs. The DHS has never been necessary to patrol US coastal waters. Rather, federal bureaucrats and elected officials pursued the creation of this new enormous government department for political reasons.

The DHS was created to be a cabinet-level agency, and the thing about cabinet-level status is that the move makes it easier for the bureaucrats in charge of the agencies to politically agitate for more government spending in their favor, and to push bigger government in general. It’s no coincidence that as the US government has grown ever larger and more intrusive, so has the number of cabinet-level agencies. So, now we have the EPA, the SBA, and the departments of HUD, Energy, and Education all provided with more direct access to the president and the media. Everything they do is deemed “essential.” Everything they do, we’re told, is a matter of national importance.

DHS is no different. When the 9/11 attacks occurred, they exposed the sheer incompetence, laziness, and inefficiency of government security and defense organizations. Year after year, hundreds of billions of dollars were poured into these organizations — in addition to the countless billions spent on the Pentagon. But when they were shown to be asleep at the switch, what happened? Rather than have their budgets cut, and senior officials fired in droves — as should have happened — George W. Bush and his cronies decided that what the federal government really needed was a new department into which billions more in taxpayer money could be poured.

The was politically important in the sense that making DHS a department made it easier to call for every more funding for its constituent agencies.

It has certainly worked.

Prior to the creation of the DHS, “homeland security” functions were rarely funded at levels exceeding $20 billion per year. Since 2002, though, federal spending on these functions—now consolidated into the DHS—has soared. Since 2001, the total budget for these activities has nearly tripled, rising from $28 billion in 2001 to $112 billion in 2024. (That’s in inflation-adjusted 2023 dollars.) Since the Cold War ended, by the way, spending on so-called homeland security has increased by more than six-fold.

Since 2001, has it really become almost three times more expensive—in inflation adjusted terms, mind you—to patrol the border, to collect tariffs, and to check luggage for guns at the airport? It is difficult to see how.

What we do know is that the DHS has become an important pass-through for government largesse. Some of this goes to local governments, and these dollars give the federal government more power by providing yet another carrot the feds can hold out to local politicians. Billions more goes into the FEMA black hole which spends prodigiously on federal agents who use DHS dollars as a means of punishing their political opponents.

While the Department was created in response to the 9/11 attacks, the Department does nothing to address anything like a 9/11-style attack. All the agencies that were supposed to provide intelligence on such attacks — the FBI for instance, which failed miserably on 9/11 — already exist in other departments and continue to enjoy huge budgets. Meanwhile, the Transportation Security Administration — an agency that has never caught a single terrorist—has managed to smuggle at least $100 million worth of cocaine.

Once upon a time, “homeland security” was supposed to be the job of the Department of Defense. but, it seems the Pentagon has been too busy in Ukraine or Iraq to trouble itself with the defense of the borders and airspace of the United States. In spite of having been freed of its responsibility for “the homeland,” however, the Pentagon’s budget just keeps getting bigger. In 2024, it was at a thirteen-year high and remains—in inflation adjusted terms—above the levels of Reagan’s Cold War spending spree. Pentagon spending is up by 57 percent, inflation-adjusted, since 2001.

There is no doubt, however, that heading the Department in Washington will be great for the career of Kristy Noem. She’ll get invited to cabinet meetings, go on national TV, and generally enjoy the pampered life of a high-ranking bureaucrat. Meanwhile, American taxpayers will pay more and more, in depreciating dollars, for yet another federal department.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

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Anamnesi della vittoria di Trump: cosa e chi ha dato vita alla cosiddetta “onda rossa”

Freedonia - Ven, 15/11/2024 - 11:01

 

 

di Francesco Simoncelli

Ci sono schemi per ogni cosa. Ciò che si osserva di questi tempi è la sovrapposizione tra gli schemi dei mercati, in particolare il cosiddetto Trend primario, e gli schemi delle politiche pubbliche.Queste ultime oggi sono sempre più del genere “win-lose” (somma zero), rafforzando il Trend primario e aprendo la strada una discesa ripida. Vilfredo Pareto ci ricorda che ci sono sempre delle persone che formano l'élite di un Paese. Per lo più sono benigne e disponibili: tracciano strade, si assicurano che gli impianti idraulici funzionino, risolvono controversie e stabiliscono standard civili. Ma col tempo i loro cuori piccoli e vili si oscurano: invece di agire come giudici imparziali, assicurandosi che le regole siano rispettate, ne inventano di nuove a loro piacimento. Sanzioni, dazi, regolamenti, leggi, limiti alla libertà di parola, deficit, bombardamenti, uccisioni, sussidi e tangenti: sono tutti parti del programma.

Il potere, come si suol dire, corrompe.

La Repubblica Popolare Cinese è piuttosto nuova: è stata fondata solo nel 1949. Allora l'economia americana era 600 volte più grande di quella cinese. L'America ha continuato a crescere, ma dopo il 1978 la Cina ha intrapreso la strada del capitalismo e ora il 18% del PIL mondiale è suo. In termini di parità del potere d'acquisto, la sua economia è già più grande di quella statunitense.


UNA SCALATA OSTILE MASCHERATA DA INCOMPETENZA

Una delle date chiave per capire come siamo arrivati ​​dove siamo è il 1992. Quello fu l'anno in cui Francis Fukuyama scrisse il suo famoso saggio e si chiese se fosse arrivata la “fine della storia”. L'Occidente era trionfante e non c'era bisogno di ulteriore “storia”. Nessun altro esperimento, non c'era più bisogno di imparare, di evolversi, o di mettere in discussione. Guerre? Rivoluzioni? Nuovi sistemi di governo o economie? Tutto questo era il passato, avevamo trovato la formula vincente. Guardandosi allo specchio, allora, sembrava ovvio cosa sarebbe successo dopo: tutti volevano essere come noi. Erano diventati tutti “occidentali”. La Cina stava già imparando velocemente: seguendo il modello stabilito dal Giappone, stava costruendo un'economia guidata dalle esportazioni vendendo prodotti a basso costo, acquisendo competenze e capitale, e costruendo i suoi settori manifatturieri. Tutte quelle esportazioni contribuirono a mantenere bassi i prezzi al consumo negli Stati Uniti e diedero alla Cina i soldi per acquistare obbligazioni statunitensi. E perché non avrebbero dovuto? Tutti sapevano che erano l'asset più grande, più liquido e più sicuro del mondo.

La Russia, a quel tempo, era appena tornata Russia. L'Unione Sovietica, con la sua pianificazione centralizzata e i soffocanti controlli economici, non riusciva a competere. I suoi addetti ai lavori guardavano oltre confine alla Germania Ovest e volevano ciò che vedevano: si resero conto che possedere i mezzi di produzione, come capitalisti, sarebbe stato meglio che continuare a controllarli come burocrati. Smisero di essere burocrati nel sistema sovietico e divennero oligarchi nel nuovo sistema “occidentale”. Vladimir Putin pensò persino che la Russia avrebbe potuto unirsi alla NATO. Il problema per gli oligarchi era che l'Unione Sovietica produceva pochissimi beni/servizi che gli occidentali avrebbero acquistato. Tutto ciò che avevano veramente erano materie prime ed energia, ma con la carota del profitto davanti a loro, piuttosto che il bastone comunista sulle loro spalle, gli oligarchi si gettarono a capofitto nelle miniere e i pozzi e presto iniziarono a far scendere i prezzi delle risorse energetiche.

Con la minaccia sovietica fuori dai piedi, gli Stati Uniti avrebbero potuto godere di un “dividendo grazie alla pace”, avrebbero potuto tagliare la spesa militare di centinaia di miliardi e, con gli oligarchi che inondavano il mondo di materie prime a basso costo e i cinesi che sfornavano prodotti finiti a basso costo, “l'Occidente” se la passava bene. I suoi costi al consumo stavano scendendo mentre i prezzi dei suoi asset stavano salendo. Il Trend primario era in ascesa per gli asset finanziari e i policymaker in Cina, Russia e Stati Uniti contribuirono a mantenere il boom, ma gettarono anche le basi per il successivo Trend primario: gli Stati Uniti avrebbero potuto usare questo periodo di “vacche grasse” per aumentare i propri risparmi, aggiornare le proprie istituzioni e migliorare la propria infrastruttura, invece, dopo il 1999, hanno commesso alcuni degli errori di politica più disastrosi nella loro storia.

La spesa militare è aumentata; non c'è stato alcun “dividendo grazie alla pace”. Invece ci sono state richieste di capitale per pagare un'invasione dell'Iraq e una farsesca guerra al terrorismo. Poi, nel 2009, i burocrati hanno salvato Wall Street e hanno portato i tassi d'interesse sotto lo zero (aggiustati all'inflazione) e li hanno lasciati lì per più di 10 anni. Come se non bastasse, sono state istituite barriere commerciali per rallentare le importazioni cinesi; sono state imposte sanzioni sconsiderate, indebolendo il sistema di pagamenti internazionali basato sul dollaro; migliaia di miliardi di dollari sono stati sperperati per finanziare guerre all'estero e assegni dello stato sociale in patria.

Nel 1992 gli Stati Uniti ebbero un'opportunità straordinaria: erano già in cima al mondo e, grazie alle nuove linee di politica in Cina e Russia, avrebbero potuto rafforzare la loro posizione, liberarsi dai debiti, liberarsi dai grovigli burocratici... in pace e più prosperi che mai. Invece si sono lanciati in una serie di guerre e spese in deficit aggiungendo $30.000 miliardi al loro debito e ora la sua politica interna è uno zimbello, la sua politica estera è una vergogna, e lotta contro un nuovo e spietato Trend primario.


ESASPERARE IL NUOVO TREND PRIMARIO

I tassi d'interesse ultra bassi hanno esasperato i massimi, ora, come se fossero guidati da una “mano invisibile”, esaspereranno i minimi. Le amministrazioni americane precedenti a quella Trump, ad esempio, hanno speso troppi soldi a livello statale, hanno tenuto in piedi troppe guerre, hanno limitato il commercio, hanno premiato gli “ammanicati”, hanno punito i loro oppositori e hanno promulgato regolamenti che limitavano la produzione, aumentando così i prezzi reali al consumo e aumentando la povertà.

Potere e sfere di influenza mutevoli tendono a far degenerare un impero che ha raggiunto la sua grandezza massima. Non è una semplice supposizione, è la realtà. È vandalismo, è l'apertura dei cancelli ai “barbari”. E finora le amministrazioni democratiche, in particolare, hanno fatto esattamente questo: il loro vero obiettivo è stato quello di abbassare di livello gli Stati Uniti e peggiorare le cose per la maggior parte degli americani. Questo punto di vista è il migliore per comprendere l'ennesimo invio di aiuti esteri approvati dalla Casa Bianca di Biden.

E che dire delle generazioni che ci hanno preceduto e che ora dormono sottoterra? Erano chiari al riguardo: per gli Stati Uniti era opportuno evitare “coinvolgimenti esteri”; ora invece sono dappertutto. E per 180 anni hanno fatto del loro meglio per controllare i deficit. Perfino ai tempi dell'amministrazione Reagan il debito totale accumulato dagli Stati Uniti era inferiore a $1.000 miliardi. Erano stupidi anche loro per aver cercato di vivere secondo le proprie possibilità?


L'ELEZIONE DI TRUMP

La vittoria di Trump in queste elezioni epocali ha indirizzato in definitiva il Paese verso quel cambiamento di paradigma di cui ho scritto nel dettaglio nel Capitolo 6 del mio ultimo libro, Il Grande Default. Questo cambiamento di percorso è iniziato nel 2017 e, per quanto sia stato rallentato negli ultimi 4 anni, adesso è pienamente operativo: spostare l'epicentro del Grande Default e piazzarlo lì dove merita di essere, ovvero in Europa. L'emancipazione monetaria di cui parlo in quel capitolo è una strategia di sopravvivenza che gli USA possono permettersi, Bruxelles no. Ecco perché da questo lato dell'oceano si sperava in una vittoria della Harris. Ecco perché la cricca di Davos ha riscoperto un vecchio adagio: le bugie sono costose da mantenere a lungo andare, la verità si vende da sola. La pubblicazione del sopraccitato libro, infatti, ha l'intenzione di fornire un grimaldello al lettore, una chiave di lettura semplificata, del mondo finanziario e non che sembra essere andato “fuori controllo” negli ultimi quattro anni in particolare. Questa è una storia di cartelli, a livello sovrastatale e sovranazionale, la cui pianificazione centrale ha raggiunto un punto in cui deve essere riformata radicalmente e questa riforma radicale non può avvenire senza una dose di dolore economico che potrebbe mettere a repentaglio la loro autorità. Da qui la risposta al Grande Default attraverso il Grande Reset. Questa è la storia di un coyote, che quando non riesce a sfamarsi all'esterno ricorre all'autofagocitazione. Lo stesso è accaduto con i membri del G7, dove i sei membri restanti hanno iniziato a fagocitare il settimo: gli Stati Uniti.

La cosiddetta “onda rossa” che vedete nell'immagine qui sotto non equivale a una “rivolta popolare” contro il malgoverno democratico, rappresenta invece una presa di posizione del sistema bancario commerciale statunitense contro la “soluzione” proposta dalla cricca di Davos al problema del debito pubblico: scalata ostile del dollaro e riduzione degli USA a mera succursale dell'Europa e, soprattutto, della City di Londra. Chi riceve le chiamate qui non è Trump, ma personaggi del calibro di Jamie Dimon. Senza la benedizione di Wall Street la FED non avrebbe mai potuto rialzare i tassi d'interesse. Se non si ha chiaro il vero obiettivo dell'Agenda 2030 del WEF, ovvero il sistema bancario commerciale statunitense, allora non si è in grado di unire coerentemente i puntini. Una volta compreso questo punto, va da sé che diventa chiaro come deve essere un meccanismo di difesa: chiudere i rubinetti dell'eurodollaro e indicizzare i debiti interni a un indice nazionale (SOFR) piuttosto che internazionale (LIBOR).

Come avevo avuto modo di dire in precedenza, la FED avrebbe agevolato il compito di Trump una volta eletto tagliando i tassi (senza mai tornare, però, allo zero percento). Non l'avrebbe fatto con la Harris, invece, dato che una sua amministrazione avrebbe portato “serpi in seno” così come le hanno portate le amministrazioni Biden e Obama. Fino a quando ci sarà Powell alla FED, quest'ultima rimarrà indipendente e apporrà quanta più pressione politica possibile affinché vengano risanati le deformità fiscali alimentate dalle amministrazioni precedenti. In questi ultimi anni la FED ha resistito a diversi assalti alla sua indipendenza tramite il proxy del budget fiscale: giganteschi deficit, curva dei rendimenti “impazzita”, senatori come Elizabeth Warren che avrebbero voluto rifonderla con il Ministero del Tesoro, ecc. Tutte le linee di politica adottate dalla FED negli ultimi 4 anni in particolar modo sono state tutte indirizzate per arrivare al momento di oggi, “all'onda rossa”. Con una maggioranza sia alla Camera che al Senato, la FED potrà tagliare i tassi e permettere al sistema bancario commerciale americano di affrontare la tormenta finanziaria. Questo è solo l'inizio di un cammino lungo, non avverrà in 4 anni, le deformazioni economiche del passato sono state talmente profonde che richiederanno anni per essere risanate.

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Con la vittoria di Trump è legittimo aspettarsi oggi un taglio dei tassi di 25 punti base e un ulteriore taglio da 50 punti base il mese prossimo, premesso che i Dem non mettano i bastoni tra le ruote al normale processo di insediamento.

— Francesco Simoncelli (@Freedonia85) November 7, 2024

La reazione dei mercati post-elezioni era prevedibile: euro in calo, sterlina in calo, mercato obbligazionario europeo in calo... mercato azionario statunitense in ascesa. Liquidità drenata dal mercato dell'eurodollaro e che vola nei mercati finanziari statunitensi. Niente di più, niente di meno di quanto scrivo nel mio libro per spiegare con dovizia di dettagli il momento a cui siamo arrivati partendo dal suo incipit. Alla luce di tutto ciò, ecco perché Dimon è uno di coloro che guida il processo decisionale dietro Trump. “L'onda rossa” equivale a dire a chi lavora per la fazione avversa, o cricca di Daovs, e che ha remato contro gli USA: “Ora voi lavorate per me”. Sto parlando di gente come Mitt Romney, Mitch McConnell, Susan Collins, Lisa Murkowski, Elizabeth Warren, ecc.

Come ho sempre detto, vedetela come una cupola mafiosa al cui interno le famiglie a volte stringono accordi e a volte si accoltellano alle spalle. Il messaggio di Dimon è chiaro: “Se non volete perdere quel poco che vi resta ancora, farete come diciamo e approverete le leggi che vi diremo di approvare. Potrete tenervi le vostre ricchezze, potrete ricevere contratti di ricostruzione in Ucraina o altrove, verrete pagati. Però voterete a favore di qualsiasi cosa vi diremo di votare quando l'amministrazione Trump proporrà leggi in materia fiscale, commerciale, tagli agli sprechi, ecc. Adesso lavorate per noi. Siete asset americani adesso. Non volete? Bene, ci sarà qualcuno che vi rimpiazzerà... ma voi verrete distrutti così come le vostre famiglie”. È così che funziona questo gioco. Questa gente, quindi, verrà richiamata “all'ordine” fino a quando la cricca di Davos si ritroverà che nessuno dagli USA risponderà più alle sue chiamate. Sono queste le vere conseguenze dell'elezione di Trump.

Da questo punto di vista la carta vincente è stata senza dubbio la scelta di Musk di comprare Twitter. Per quanto si sia rivelato, nel breve termine, una scelta economicamente negativa (visto che ci sta perdendo soldi), si sta invece rivelando una scelta economicamente vantaggiosa per il lungo periodo. Twitter, ormai X, ha rappresentato una breccia nelle vie di comunicazioni della cricca di Davos, la quale ha visto aumentare il costo delle menzogne. In particolar modo dopo la questione Twitter files. Vogliamo poi parlare di come Starlink abbia funzionato come un mezzo attraverso il quale le persone nelle zone di guerra hanno potuto inviare video e quindi scavalcare quelle notizie fuorvianti date dai media generalisti?

Questo è un tipo di mentalità che è stata venduta egregiamente da Trump e amplificata da Musk. Inutile dire che il mio intero libro è permeato dalla necessità di spiegare questa filosofia, perché sarà cruciale nel futuro prossimo, soprattutto per gli USA. I “troppo grandi per fallire”, la cricca di Davos e le sue sfere d'influenza, adesso sono “troppo grandi da tenere in piedi”.

Infatti, sulla scia della vittoria di Trump, quegli “strumenti” che la cricca di Davos ha usato per modificare usi/costumi della società e seminare il controllo capillare di cui aveva bisogno per sedimentare la propria influenza, si sono spuntati. La cultura woke sta esalando i suoi ultimi respiri, così come tutto quel perbenismo e politically correct che ha permeato negli ultimi anni il mondo LGBT, per non parlare dell'abominio rappresentato dalla sessualizzazione precoce dei bambini. Lo stesso destino attende i criteri ESG, già in dismissione da parte di Wall Street da un po' di tempo. Altrettanto “curioso”, poi, è l'implosione del governo tedesco e dell'azienda ucraina Ukrenergo legata a doppio filo all'UE tramite la Banca europea per la ricostruzione e lo sviluppo. Perché è importante? Perché può rappresentare una potenziale LTCM dei giorni nostri. Se lo scorso luglio c'era ancora tempo per concedere una moratoria all'Ucraina per il rimborso dei suoi prestiti, adesso l'orologio sta ticchettando più forte. Come ho detto anche in precedenza, non mi sorprenderebbe vedere istituti finanziari che come asset hanno titoli ucraini (sia sovrani che non). L'eurodollaro è prosciugato e gli USA si apprestano a mettere ordine anche dal lato fiscale dell'equazione, quindi i pasti gratis per Bruxelles sono destinati a diminuire drasticamente.


CONCLUSIONE

Come Buffett, è opportuno essere pronti per un periodo di caos finanziario. Il Trend primario è sceso; potrebbe durare per molti anni. Con il calo dei prezzi degli asset è inevitabile che si verifichino delle crisi. Non è necessario fare alcuna previsione, basta solo vedere che le azioni sono costose. L'indice S&P ha un rapporto CAPE di 35+, il doppio del prezzo medio delle azioni, storicamente nel 97° percentile. Ciò suggerisce che i prezzi delle azioni potrebbero scendere della metà, solo per tornare a un intervallo “normale”.

Il rapporto Dow/oro ci dice che le azioni hanno ancora molta strada da fare per scendere. Il rapporto è solitamente intorno a 10; ora è 16,5. Le azioni dovranno perdere circa il 40% del loro valore per tornare alla media. Ma i mercati non si spostano semplicemente alla “media” e ci rimangono. Passano da prezzi troppo alti a prezzi troppo bassi... e viceversa. In questo momento le azioni sono destinate a una fase di ribasso di portata sconosciuta, ma poiché le banche centrali hanno spinto l'ultimo Trend primario all'estremo, e poiché ora sembra che stiano spingendo all'estremo opposto, il prossimo periodo di caos dovrebbe essere decisamente pronunciato.

Il modello Dow/oro ci dice di restare in “modalità sicurezza” finché il rapporto non scende a 5 o meno (quando si può acquistare l'intera lista di 30 azioni Dow Jones per l'equivalente di 5 once d'oro). A quel punto sarà il momento di seguire il consiglio di Buffett e “giocare all'attacco mentre gli altri si dannano per sopravvivere”. Ma per questi aspetti c'è sempre il servizio di consulenza del blog a cui potete rivolgervi.


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Benvenuti nella modalità “Solo su”

Freedonia - Gio, 14/11/2024 - 11:07

Ricordo a tutti i lettori che su Amazon potete acquistare il mio nuovo libro, “Il Grande Default”: https://www.amazon.it/dp/B0DJK1J4K9 

Il manoscritto fornisce un grimaldello al lettore, una chiave di lettura semplificata, del mondo finanziario e non che sembra essere andato "fuori controllo" negli ultimi quattro anni in particolare. Questa è una storia di cartelli, a livello sovrastatale e sovranazionale, la cui pianificazione centrale ha raggiunto un punto in cui deve essere riformata radicalmente e questa riforma radicale non può avvenire senza una dose di dolore economico che potrebbe mettere a repentaglio la loro autorità. Da qui la risposta al Grande Default attraverso il Grande Reset. Questa è la storia di un coyote, che quando non riesce a sfamarsi all'esterno ricorre all'autofagocitazione. Lo stesso è accaduto ai membri del G7, dove i sei membri restanti hanno iniziato a fagocitare il settimo: gli Stati Uniti.

____________________________________________________________________________________


di Mark Jeftovic

All'inizio di quest'anno, dopo aver digerito una brusca correzione dopo le approvazioni degli ETF, Bitcoin ha raggiunto un nuovo massimo storico, il che è stato anomalo, perché l'halving doveva ancora arrivare. Nei cicli passati i nuovi massimi storici non venivano raggiunti fino a dopo l'halving, come minimo qualche mese dopo.

Questa volta ne è arrivato uno nuovo (in realtà due consecutivi) prima dell'halving, ma il prezzo si è subito ritirato e fino a poco tempo fa BTC stava oscillando lateralmente in una banda che i bitcoiner hanno chiamato “chopsolidation”.

L'oro, da parte sua, aveva mostrato un andamento simile, anche se su onde più lunghe. Quando il metallo giallo ha segnato un nuovo massimo storico a dicembre 2023, ho guardato la dinamica su DollarCollapse.

Dal massimo dell'oro nel 1980 a $800/oz, ci sono voluti 28 anni per raggiungerne un altro. Una volta entrato nell'era post-Grande crisi finanziaria, ha avuto diverse difficoltà: ogni nuovo massimo storico preannunciava un possibile ritiro e consolidamento pluriennale. Quando l'oro ha raggiunto il picco nel 2011 dopo la sua corsa post-Grande crisi finanziaria, ha segnato l'inizio di una fase di “chopsolidation” durata più di un decennio.

Ci sono voluti più di otto anni affinché l'oro superasse il massimo storico del 2011 e più di tre anni perché ci riuscisse di nuovo alla fine del 2023.

Nel 2024 l'oro ha cambiato marcia, facendo registrare una serie di nuovi massimi storici (ben oltre trenta volte ormai) e si trova in un mercato rialzista indiscusso (e comunque non supererà i massimi storici del 1980 in termini di aggiustamento all'inflazione fino a quando non raggiungerà quota $3.000 l'oncia).

L'oro è entrato in modalità “Solo su”.

E ora, catalizzato dalla storica e schiacciante vittoria delle elezioni americane, anche Bitcoin è entrato in modalità “Solo su”.

Dopo aver raggiunto un nuovo massimo storico subito dopo la conclusione della campagna elettorale, da allora ha continuato a farne registrare di nuovi, tra cui uno appena sotto gli $81.000 mentre scrivo questo articolo.

I trader più astuti, che hanno cercato di prevedere il momento giusto per investire in oro o Bitcoin, avrebbero potuto fare bene a vendere nei momenti di massimo e riacquistare nei momenti di calo, e per un po' di tempo ciò avrebbe funzionato.

Il problema è che, se l'oro e Bitcoin si trovano in mercati rialzisti, a un certo punto questi movimenti ciclici o subciclici cambiano ritmo: nuovi massimi storici iniziano ad arrivare a intervalli più brevi, per non parlare dei consolidamenti pluriennali o mensili, finiamo con nuovi massimi ogni tot. settimane o giorni, oppure, data la velocità con cui si muovono i mercati delle criptovalute, ogni tot. ore.

Una volta che ciò accade, siamo in modalità “Solo su”.

Nonostante l'animosità tra la folla “oro contro Bitcoin” (come ho sempre detto, sono un tipo da “oro e Bitcoin”, anche se da molto tempo sono più sbilanciato su Bitcoin che sull'oro) entrambi gli asset sono entrati in suddetta modalità.

Mentre in passato non c'era molta correlazione, nel 2024 quella tra Bitcoin e oro ha iniziato ad avvicinarsi; ecco un grafico che utilizza la media mobile a 10 settimane, anche se bisogna ammettere che c'è volatilità (quella dopo le elezioni ne è un buon esempio).

Ma nel complesso questi due asset ci stanno dicendo la stessa cosa: l'era della moneta fiat sta per concludersi.


È troppo tardi per prendere posizione?

Molte persone osservano la crescita senza precedenti di Bitcoin e pensano che sia troppo tardi per cogliere il lato positivo di questa operazione.

Utilizzo questa frase per un motivo: come ho sottolineato per anni, Bitcoin non è uno trade, ma un  cambiamento di paradigma monetario.

E il parametro di riferimento che utilizzo per valutare a che punto siamo nel processo (siamo in anticipo o è troppo tardi?) è la capitalizzazione del mercato obbligazionario globale rispetto a quella di Bitcoin:

Accanto a questi livelli di debito davvero sbalorditivi, abbiamo il mercato obbligazionario globale: $120.000 miliardi (di cui circa $15.000 miliardi hanno un rendimento negativo) e l'offerta M2 degli USA è nell'intervallo dei $20.000 miliardi.

Per comprendere il Great Reset, immaginate i $120.000 miliardi in obbligazioni e tutta la massa monetaria M2 come enormi palloncini, i cui steli sono collegati a un marchingegno dall'aspetto steampunk che aspira l'aria da questi due palloncini e la pompa fuori dall'altra estremità in palloncini molto più piccoli su cui c'è scritto “Oro” e “Bitcoin”. L'ultima parte di questo esercizio è ricordare una cosa: non prestare attenzione ai numeri (il “valore nominale”) sui palloncini Bond e M2.

Ciò che bisogna davvero tenere sotto controllo è il flusso d'aria da sinistra a destra.

Questo flusso d’aria è chiamato “potere d’acquisto”.

Il nostro obiettivo è quello di creare ricchezza e accumulare asset all'interno dei palloncini in espansione sul lato destro. Ciò che stiamo vivendo come enormi bolle dei prezzi degli asset soddisfa tutte le definizioni di ciò che gli economisti della Scuola Austriaca chiamano “Crack Up Boom”.

Si tratta di un volo globale fuori dai palloncini dalla parte sbagliata della storia. In realtà si tratta dei primi brontolii di un evento iperinflazionistico mondiale, uno che colpirà tutte le valute nazionali, capovolgerà il sistema monetario globale, sostituirà lo status di valuta di riserva mondiale del dollaro, eliminerà il contante e sposterà il mondo intero lungo un nuovo ordine monetario.

Naturalmente all'epoca in cui scrivevo questa cosa, circolavano obbligazioni con rendimento negativo  per circa $20.000 miliardi a fronte di una capitalizzazione di mercato totale di $100.000 miliardi.

Ora sembra che le obbligazioni stiano prendendo la direzione opposta: nonostante i tagli dei tassi da parte della FED, i rendimenti stanno salendo, e questo è un problema per la gigantesca bolla del debito.

Bitcoin è ora un asset da $1.500 miliardi e le obbligazioni sono ancora 100 volte più grandi, ciononostante hanno iniziato a essere considerate “rischio senza rendimento”. Le obbligazioni sono un “morto che cammina”.

Non sto dicendo che ci sarà un esodo da queste ultime e che $120.000 miliardi in titoli sovrani e aziendali finiranno in Bitcoin.

Ma vedo che gli allocatori stanno riducendo la loro ponderazione e potrei vedere il 10% o il 20% delle obbligazioni spostate su altri asset; se anche il 10% di questa percentuale cerca di entrare in BTC, ciò si tradurrà in altri $1.200 miliardi in entrata.


Il grande salto

Abbiamo attraversato un cambiamento di fase, in cui in passato gli allocatori di asset avrebbero affrontato un rischio reale per quanto riguarda la loro carriera se avessero allocato risorse in Bitcoin. È qualcosa che è stato inaugurato da miliardari anticonformisti ed eccentrici, fondamentalmente persone come Stan Druckenmiller, Paul Tudor Jones o Bill Miller, i quali gestiscono i propri fondi e hanno già abbastanza influenza da non doversi preoccupare di rispondere a nessuno.

Ora invece se avete un ruolo come gestore di fondi, un family office, o un fiduciario, finite sotto torchio se non investite in Bitcoin. Da oltre un anno lo definisco “il mantra dell'1%” e lo stiamo vedendo concretizzarsi.

????????It started with a 0.1% allocation to Bitcoin by the Wisconsin pension fund.

????????Then it escalated with a 3% allocation by a British Pension fund...

????Who will be the next shoe to drop and how big will their allocation be?

The $72 trillion pension fund… pic.twitter.com/5mTG0oxvDq

— Luke Mikic⚡️???????????????? 9-5 Escape Artist (@LukeMikic21) November 10, 2024

Ora che siamo alle prese con la valanga di voti per Trump (e improvvisamente essere un negazionista elettorale è accettabile), è significativo notare che nessuno dei due candidati ha mai parlato del debito galoppante e dei deficit in aumento, e tanto meno di affrontarli come parte del proprio programma elettorale.

Questo è l'elefante nella stanza e nessuno se ne sta occupando, perché è irrisolvibile. L'unica linea d'azione è quella di gonfiare il debito e distruggere la valuta: quale? Tutte.

Ecco perché il semplice atto di “partire da zero”, da qualsiasi importo, e poi integrarlo con acquisti regolari (un approccio basato sul costo medio del dollaro) — $100 al mese, $5 a settimana, ecc. — vi posizionerà in uno strato socio-economico completamente diverso da chi non avrà alcun bitcoin quando il cambio di paradigma monetario finalmente arriverà. A quel punto si instaurerà una sorta di apartheid monetario di fatto.

Siamo alle battute finali di questo gioco.


[*] traduzione di Francesco Simoncelli: https://www.francescosimoncelli.com/


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“Quella è un’esca!” Agitare l’amo nelle acque dei media generalisti non funziona più come una volta

Freedonia - Mer, 13/11/2024 - 11:09

Ricordo a tutti i lettori che su Amazon potete acquistare il mio nuovo libro, “Il Grande Default”: https://www.amazon.it/dp/B0DJK1J4K9 

Il manoscritto fornisce un grimaldello al lettore, una chiave di lettura semplificata, del mondo finanziario e non che sembra essere andato "fuori controllo" negli ultimi quattro anni in particolare. Questa è una storia di cartelli, a livello sovrastatale e sovranazionale, la cui pianificazione centrale ha raggiunto un punto in cui deve essere riformata radicalmente e questa riforma radicale non può avvenire senza una dose di dolore economico che potrebbe mettere a repentaglio la loro autorità. Da qui la risposta al Grande Default attraverso il Grande Reset. Questa è la storia di un coyote, che quando non riesce a sfamarsi all'esterno ricorre all'autofagocitazione. Lo stesso è accaduto ai membri del G7, dove i sei membri restanti hanno iniziato a fagocitare il settimo: gli Stati Uniti.

____________________________________________________________________________________


di Tom Luongo

C'è un momento grandioso in Mad Max: Fury Road in cui i protagonisti si avvicinano a una donna nuda incatenata a una torre e Max pronuncia una delle sue quattordici battute in tutto il film: “Quella è un'esca!”. Questa è una metafora dell'intero panorama mediatico nell'era dei social media.

Da quando Trump ha vinto, i soliti noti hanno gettato in mare ogni possibile cattiva idea per scoraggiare e indebolire quella vittoria. È tutto un'esca!

Non erano passate nemmeno 24 ore dal discorso di resa delle armi di Kamala Harris, una copia carbone di quello pronunciato da Hillary Clinton nel 2016, prima che le acque venissero pasturate di fronte ai libertari affinché iniziassero a scatenarsi con gli slogan per porre fine alla FED.

Kamala Harris said the word “fight” 20 times in her concessions speech.

20 times. I counted.

She also said “and we will continue to wage the fight… in the public square”.

Impeach her. Their rules, not mine.#ImpeachKamala pic.twitter.com/tqJ0IkB0j0

— Viva Frei (@thevivafrei) November 6, 2024

Jerome Powell è stato costretto a rispondere a una domanda durante la conferenza stampa all'ultima riunione del FOMC circa le sue dimissioni, qualora gli venissero chieste dal presidente Trump.

Powell ha “chiuso la porta” a tutto questo con una sola parola: “No”.

A quel punto tutti sono rimasti scioccati nello scoprire che il presidente della FED non può essere rimosso perché al Presidente della nazione non piace. Lo stesso vale per i giudici della Corte Suprema, per esempio. Questa è politica, gente, non filosofia. Non approvo la situazione, voglio solo sottolineare che coloro che hanno ripetuto a pappagallo “End the FED” da quando Ron Paul si è candidato nel 2008 avrebbero dovuto saperlo.

Quindi, dati questi presupposti, si deve concludere che si tratta della più sporca delle linee di politica sporche, progettata per creare divisioni all'interno della cerchia dei sostenitori MAGA, in un momento in cui dovremmo unirci sulle giuste questioni, dotare la nuova amministrazione di personale, discutere quali dipartimenti tagliare, come finanziare il debito.

In altre parole dovremmo essere noi a dettare il ritmo, anziché reagire di fronte a chi è più vulnerabile a un governo statunitense e a una Federal Reserve che lavorano insieme per difendere la sovranità degli Stati Uniti.

Per più di un anno vi ho detto che ci sarebbero stati due grandi obiettivi nel mirino dei democratici in questa tornata elettorale: Jerome Powell ed Elon Musk.

Powell è il nemico pubblico numero uno per la sua politica monetaria restrittiva, cosa di cui tutti gli Austriaci dovrebbero rallegrarsi piuttosto che inventare argomenti sempre più torbidi su un “QE nascosto”. Per i pensatori sistemici, avere un diagramma di flusso a un livello su qualcosa di così importante e pertinente come la politica monetaria è, francamente, un aspetto piuttosto patetico.

Musk concorre ora con Powell per il primo posto nell'elenco delle cartoline di auguri della cricca di Davos, a causa del modo in cui Twitter e Starlink hanno messo a dura prova il loro motore di creazione delle narrative.

Tornando a Powell, sin dalla crisi bancaria del marzo 2023, da lui fomentata per ragioni politiche e a metà della quale ha rialzato i tassi d'interesse, solo per assicurarsi che tutti quelli che contavano ricevessero il fottuto promemoria, ho smesso di arrabbiarmi nei confronti di Elizabeth Warren e ho iniziato a ridere di lei.

Ha inviato lettere severe chiedendo alla FED di riabbassare i tassi d'interesse a ogni riunione del FOMC, cercando di alimentare la polemica sulla FED. E non era per dare sollievo a qualcuno, ma per aiutare i democratici a vincere le elezioni e allentare la morsa mortale che la linea di politica di Powell “higher for longer” aveva sui mercati dei capitali europei.

Ma grazie a questa domanda sciocca posta da un giovane collaboratore di Politico, ora la “sinistra woke” e la “destra woke” si vedono derubate di ciò che restava dei vecchi cartelli bancari che entrambe credono di dover combattere.

Se non fosse così dannatamente importante, starei già ridendo.

Poi è toccato all'esca lanciata ai conservatori su persone come Mike Pompeo e Nikki Haley. Il segnale più forte che Trump avrebbe probabilmente vinto a valanga è stato il blob dell'intelligence che ha fatto circolare la voce settimane fa che Trump amasse ancora Pompeo e che quest'ultimo stesse già annusando il posto di Segretario di Stato o della Difesa.

Era un'esca, gente! E Trump l'ha segnalata in quanto tale dopo un paio di giorni. Avrebbe dovuto zittirla prima, ma chi sono io per dare consigli al Maestro della Finestra di Overton su queste questioni?

BREAKING: President Trump clarifies that he will not be inviting Amb Nikki Haley and Sec Mike Pompeo into his next administration. pic.twitter.com/ZypWqhGr5v

— Charlie Kirk (@charliekirk11) November 9, 2024

Anche la Haley non era sulla sua lista. Trump la odia. Ora ha le porte spalancate per una carriera nei fast food.

Infatti sapete che Trump odia Marco Rubio tanto quanto la Haley perché credo alle voci secondo cui egli potrebbe diventare Segretario di Stato.

In quale altro modo si potrebbe far uscire dal Senato “Little Marco” e sostituirlo con qualcuno che lavorerà con Trump, piuttosto che contro di lui, sulla grande legislazione che deve essere approvata nel 2025?

Promuovetelo, tenetelo al guinzaglio per quanto riguarda le riforme e fatelo fare il pavone sulla Cina. E se non fa quello che gli viene chiesto? “Sei licenziato!”

E se mi sbaglio e Rubio sarà solo l'ennesima esca per i neocon, allora Masal Tov! Oi vey.

Quelle voci su Mike Rogers a capo della CIA e tutto il resto che avete visto... sono tutte esche. Tutti tentativi di inondare l'etere di cattive informazioni e creare spaccature tra i più grandi sostenitori di Trump e lui stesso.

Se a questo punto del gioco non riuscite a cogliere i tentativi britannici di divide et impera, forse siete solo dei pessimi giocatori.

Ci è voluta la fuga di notizie di una votazione segreta organizzata dal leader uscente della maggioranza del Senato, Mitch McConnell, per far finalmente capire alla gente fino a che punto il sistema immunitario burocratico sta lottando contro la chemioterapia rappresentata dalla vittoria di Trump.

Se Marjorie Taylor Greene contribuirà a impedire a John Cornyn di diventare il nostro leader al Senato, ritirerò la maggior parte delle cattiverie che ho detto su di lei.

La maggior parte, almeno...


Scandalo a Berlino

La vittoria di Trump ha causato un terremoto politico a Berlino: il crollo del governo tedesco dopo che il cancelliere Olaf Scholz ha cercato di soddisfare una richiesta di denaro sull'Ucraina. Il ministro delle finanze dell'FDP, Christian Lindner, ha rifiutato di approvare altri €6 miliardi all'Ucraina. Ma la Germania è a corto di soldi in questo anno fiscale e doveva andare al Bundestag, così Scholz lo ha licenziato e Lindner ha tirato fuori l'FDP dalla coalizione.

Ora la situazione in Germania è una di quelle che solitamente vediamo solo nei luoghi colpiti da rivoluzioni colorate.

Sono così disperati nel tentativo di mantenere il potere che ora ci viene offerta l'ennesima fantasia dei “Separatisti sassoni”, tutti e tre, come ragione per bandire Alternativa per la Germania (AfD) e impedirgli di partecipare alle prossime elezioni anticipate.

Questa è un'altra esca per i tedeschi. Anche se il divieto non funzionasse, toglierebbe un paio di punti ai totali nazionali dell'AfD, ma queste sono solo ritirate tattiche. Non è una vittoria, è più un tentativo di non perdere subito.

Il cambiamento culturale e demografico contro questa follia globalista è già avvenuto.

Stiamo osservando il vecchio ordine politico in Germania, tenuto insieme in precedenza dal pugno di ferro di Angela Merkel, andare in pezzi. L'idea che i tedeschi avrebbero votato per annichilirsi a causa della loro colpa collettiva non si è mai concretizzata.

A un certo punto la classe industriale tedesca avrebbe fatto sentire la sua presenza. La vittoria di Trump probabilmente ha catalizzato questo sentimento recondito.

L'intero progetto della cricca di Davos si basava sull'uso dell'impronta generazionale della popolazione del dopoguerra per fabbricare realtà politiche in contrasto con i loro interessi personali. Ma questo pone un limite temporale a un tale progetto: doveva materializzarsi prima che le generazioni che avevano combattuto la seconda guerra mondiale, e che erano cresciute nella fase di ricostruzione, si sarebbero estinte.

Ad esempio, per i tedeschi era la loro vergogna collettiva nei confronti di Hitler. Per il Giappone era la vergogna di essere stati bombardati dagli americani. Per l'America era alimentare la nostra autosufficienza e trasformarla in autocompiacimento.

Come ha sottolineato Howard Lutnick su CNBC qualche mese fa, abbiamo ricalibrato queste persone attraverso il nostro dominio e consentito loro di imporre dazi sui nostri beni per rigenerare le loro economie locali. Tali dazi sono ancora in vigore ed è tempo di rimuoverli negoziando accordi migliori per tutti.

Ma il cambiamento demografico è avvenuto. Lo abbiamo visto nelle elezioni in Germania lo scorso settembre, quando AfD ha visto enorme consenso tra i 18-29enni. La stessa cosa è accaduta in Grecia in seguito allo smantellamento del Paese da parte della Germania/UE dopo le sue molteplici crisi del debito sovrano.

Negli USA i giovani si stanno allontanando dai boomer. Anche i millennial stanno finalmente realizzando i loro desideri di autenticità, dopo essere sopravvissuti a tre fallimenti nazionali nel corso della loro vita: Millennium bug, Lehman Bros. e COVID-19.

Ciò ha permesso alla Generazione X di affermarsi finalmente e di ottenere il risultato di cui il mondo aveva bisogno.

Quindi, per favore gente: esultate per la vittoria e chiudete Twitter per qualche giorno. Vogliono che siate ansiosi e spaventati. È tutto ciò che gli è rimasto. Abbiamo appena detto loro che non vogliamo ciò che stanno offrend,o o che non abbiamo bisogno di ciò che ci hanno venduto

Fidatevi un po' del risultato che avete ottenuto. Questa non è la stessa storia del 2016.

La fiducia nei media generalisti non solo è crollata, ma ha ormai raggiunto la sua fase terminale. Abbiamo appena rotto le sue vie di comunicazione, perché mai dovremmo volerle vedere riparate dando credibilità alla loro volgarità?


[*] traduzione di Francesco Simoncelli: https://www.francescosimoncelli.com/


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Indipendentemente dalla sua forma, il denaro facile è sempre una frode

Freedonia - Mar, 12/11/2024 - 11:07

Ricordo a tutti i lettori che su Amazon potete acquistare il mio nuovo libro, “Il Grande Default”: https://www.amazon.it/dp/B0DJK1J4K9 

Il manoscritto fornisce un grimaldello al lettore, una chiave di lettura semplificata, del mondo finanziario e non che sembra essere andato "fuori controllo" negli ultimi quattro anni in particolare. Questa è una storia di cartelli, a livello sovrastatale e sovranazionale, la cui pianificazione centrale ha raggiunto un punto in cui deve essere riformata radicalmente e questa riforma radicale non può avvenire senza una dose di dolore economico che potrebbe mettere a repentaglio la loro autorità. Da qui la risposta al Grande Default attraverso il Grande Reset. Questa è la storia di un coyote, che quando non riesce a sfamarsi all'esterno ricorre all'autofagocitazione. Lo stesso è accaduto ai membri del G7, dove i sei membri restanti hanno iniziato a fagocitare il settimo: gli Stati Uniti.

____________________________________________________________________________________


di Jane Johnson

P. T. Barnum avrebbe dichiarato che “ogni minuto nasce un babbeo”, anche se  non ci sono prove  che lo abbia effettivamente detto. Che sia vero ai tempi di Barnum o nell'era odierna dei social media, l'aforisma descrive coloro che sono abbastanza creduloni da credere a qualsiasi cosa, anche quando il buon senso (se ne possiedono uno) suggerisce loro il contrario.

Circola una storia su TikTok, dove il 40% dei giovani adulti si informa in questi giorni: video immortalano persone che credono di poter ottenere denaro “gratis” dagli sportelli automatici della Chase Bank. Questi video mostrano persone che depositano assegni per grandi somme di denaro agli sportelli automatici della Chase e poi effettuavano prelievi per importi più piccoli, ciononostante sostanziali, portando a credere di aver scoperto un problema informatico di cui approfittare. Un video visualizzato oltre 100.000 volte mostra una giovane donna che chiama sua madre e le dice che potrebbe ottenere da $40.000 a $50.000 dal suo conto Chase depositando un assegno e sfruttando il “problema”.

La Chase normalmente consente ai clienti di prelevare una parte degli assegni depositati prima che l'importo totale dell'assegno venga liquidato, ma un errore tecnico ha consentito ai clienti di prelevare tutti i fondi da un assegno prima che fosse liquidato. La Chase afferma che questo errore è perdurato per alcuni giorni prima di essere rapidamente risolto.

Se sembra una frode, lo è. In passato simili schemi venivano chiamati “check-kiting”, quando qualcuno sfruttava il saldo attivo della banca per utilizzare fondi inesistenti. È illegale sia per legge statale che federale da molti anni. Il check-kiting è molto meno comune oggi rispetto al passato, non perché i clienti delle banche siano più rispettosi della legge, ma perché il tempo trascorso dal deposito dell'assegno alla sua approvazione si è notevolmente ridotto nel tempo.


Il bank float potrebbe offrire l'opportunità di fare check-kiting

In passato un assegno cartaceo da $100 emesso da una banca di New York City, ad esempio, e poi depositato in una banca di San Francisco, poteva impiegare da tre a cinque giorni via treno per raggiungere la banca di New York per l'accredito e l'incasso, e talvolta anche di più, a seconda delle condizioni di trasporto e meteorologiche. Durante questo processo di autorizzazione dell'assegno, i $100 comparivano nei conti sia di chi firmava l'assegno che del destinatario.

La banca di San Francisco poteva accreditare sul conto del destinatario i $100 prima che l'assegno venisse effettivamente incassato dalla banca di New York. Ciò offriva al titolare del conto della banca di San Francisco l'opportunità di utilizzare fondi che in realtà non possedeva ancora. Questo spiega perché le banche molti anni fa si sono rese conto della necessità di bloccare la disponibilità di fondi per impedire il check-kiting.

Questo lasso di tempo tra il deposito dell'assegno presso la banca del destinatario e la sua approvazione presso la banca che lo emetteva è chiamato “bank float” e i $100 venivano conteggiati due volte durante tale periodo. Quando l'ufficio postale statunitense ha aggiornato il suo servizio dal trasporto ferroviario a quello aereo, il bank float è diminuito in modo significativo, ma è comunque rimasto.

Storicamente la maggior parte del check-kiting si verificava tra banche nella stessa città o nelle vicinanze, come nel caso dei video di TikTok. In questo caso esiste il bank float, sebbene il tempo di compensazione trascorso sia molto più breve rispetto a quello nell'esempio New York-San Francisco.

Per ridurre ulteriormente il bank float, nel 2003 il Congresso ha approvato e il Presidente George Bush ha firmato la  legge Check 21 che ha ulteriormente ridotto sia i tempi di compensazione degli assegni sia la possibilità di check-kiting. Questa legge ha apportato numerose modifiche all'elaborazione degli assegni: ora tutte le compensazioni degli assegni vengono effettuate elettronicamente, la maggior parte di essi viene compensata durante la notte, gli assegni originali non vengono più trasportati fisicamente da una banca all'altra e i clienti della banca non ricevono più regolarmente i loro assegni annullati con i loro estratti conto mensili.


Le valute digitali delle banche centrali (CBDC) potrebbero prevenire le frodi legate al check-kiting?

Il sistema di pagamento tramite assegno bancario è sopravvissuto per molti decenni, ma il volume di emissione è diminuito significativamente negli ultimi anni, poiché le carte di credito e di debito, così come i sistemi di pagamento per l'e-commerce, hanno guadagnato popolarità e accettazione tra le transazioni aziendali e personali. In seguito al miglioramento della compensazione degli assegni derivante dalla legislazione Check 21 del 2003, le banche distrettuali Federal Reserve hanno ridotto il numero dei loro uffici di elaborazione degli assegni cartacei da quarantacinque nel 2003 a un solo nel 2010.

Ora i Paesi di tutto il mondo stanno iniziando a prendere in considerazione le valute digitali delle banche centrali (CBDC). Se implementata negli Stati Uniti, una CBDC renderebbe tutti clienti della Federal Reserve, un accordo radicalmente diverso da quanto mai visto in questo Paese perché essa non ha mai svolto il ruolo di banca per il pubblico. Una CBDC creerebbe conti bancari presso la FED per ogni americano.

La tesi a favore delle CBDC è che funzionano in modo simile alle valute fiat, aggiungendo alcuni vantaggi della valuta digitale o crittografica. Ad oggi solo quattro CBDC (Zimbabwe, Nigeria, Bahamas e Giamaica) sono state inaugurate ufficialmente, anche se molte altre sono in fase di pilotaggio o sviluppo.

Alcuni sostengono che le CBDC potrebbero aiutare nella prevenzione delle frodi. Una proposta prevede di rilasciare fondi dai pagamenti solo dopo che siano stati soddisfatti criteri specifici. A parte rallentarli, imporre blocchi sulla disponibilità di credito e migliorare l'autenticazione, finora non è stata introdotta alcuna soluzione semplice ed efficace. Le preoccupazioni sulla privacy, inoltre, continuano a perseguitare la discussione sulle CBDC, poiché la banca centrale di una nazione sarebbe a conoscenza dei modelli di spesa di tutti.


Risoluzione del problema evidenziato dai video su TikTok

Pochi istanti dopo la diffusione del video su TikTok, la Chase Bank ha avvisato i clienti e il pubblico in generale che la truffa del denaro facile non era un glitch, ma piuttosto una frode pura e semplice, e che i responsabili sarebbero stati perseguiti con la massima severità della legge. La Chase continua a  indagare sulla truffa e sull'entità delle sue perdite, ma non ha rilasciato altre notizie a parte l'annuncio che l'errore è stato corretto. Quindi la storia potrebbe rimanere semplicemente l'ennesimo esempio del vecchio adagio “se sembra troppo bello per essere vero, quasi sicuramente lo è”, una lezione che la generazione di TikTok dovrà imparare prima o poi.


[*] traduzione di Francesco Simoncelli: https://www.francescosimoncelli.com/


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Make Money Free Again

Lew Rockwell Institute - Mar, 12/11/2024 - 05:01

Two days after Donald Trump became the first American since Grover Cleveland to win nonconsecutive presidential elections, the Federal Reserve announced a quarter percent cut in interest rates. Following this announcement, Fed Chairman Jerome Powell held a press conference where he said that he would not comply with any presidential request that he step down before his term ends in May of 2026.

Powell claimed that the president lacks the legal authority to fire the Fed chairman. So, if President Trump tells Chairman Powell “you’re fired,” Powell could bring suit asking a court to review Trump’s action.

President Trump and Chairman Powell are at odds over President Trump’s desire to require the Federal Reserve to consult with the president before changing interest rates or taking other significant actions. Powell is likely to do all he can to convince Congress to reject any legislation giving the president any type of official role in setting monetary policy. After all, Chairman Powell is so protective of Fed autonomy that he opposes auditing the Fed on the grounds that it could threaten the Fed’s independence, even though there is nothing in the Audit the Fed legislation giving the president or Congress any new authority over the Fed’s conduct of monetary policy.

Requiring the Fed to consult with the president regarding monetary policy would likely increase price inflation and dollar devaluation. Politicians usually like low interest rates because they associate low rates with economic growth. Politicians also want the Fed to keep rates low so the federal government can keep racking up huge amounts of debt. Without a central bank that is ready, willing, and able to monetize the federal debt, the welfare-warfare state would not exist.

Despite the claims of Chairman Powell and other central bank apologists, the Fed has never been free of political pressure. Presidents were trying to influence the Federal Reserve long before Donald Trump began posting “mean tweets” about Jerome Powell. Requiring the Fed to consult with the president would at least make the president’s efforts to influence monetary policy open and transparent.

President Trump and other Fed critics such as Massachusetts Senator Elizabeth Warren think they are more capable of determining the “correct” interest rate than the Fed. This ignores the fact that interest rates are the price of money and like all prices are shaped by a variety of constantly changing factors. When the Fed manipulates interest rates, it distorts the signals sent to investors. The result is the boom- bust business cycle. The fiat system is also responsible for rising income inequality and the decline of the dollar’s purchasing power, which has lowered most Americans’ standard of living.

President Trump should work to eliminate the need for the Fed to keep interest rates low. He can do this by fighting for massive spending cuts, starting with the military-industrial complex. He should also push Congress to pass the Audit the Fed bill. Additionally, President Trump should support legalizing all competing currencies. The forthcoming tax bill should include a provision exempting precious metals and cryptocurrencies from capital gains taxes. The key to making America great again is to make money free again.

The post Make Money Free Again appeared first on LewRockwell.

Congress Should Fire Jerome Powell

Lew Rockwell Institute - Mar, 12/11/2024 - 05:01

There were a few seemingly tense moments at the FOMC press conference on Thursday when two reporters asked Jerome Powell about the prospect of Donald Trump asking Powell to resign. The first reporter asked “would you resign if asked to do so by Donald Trump?” To this, Powell responded with a resounding “no” followed by silence. A few moments later, Powell was asked by another reporter if it was lawful for Trump to either remove or “demote”—that is, remove Powell as chairman, but leave him on the Board of Governors—Powell. To this, Powell responded with a forceful “not permitted under the law.”

Apparently, Powell wished to leave no ambiguity whatsoever about this position that he cannot be removed or demoted by a sitting president.

It would agree that the spirit of the law here is that a president not be able to remove a  Fed chairman, except for some kind of misconduct. But, ambiguity remains. Even Alan Blinder, a proponent of the myth of “Fed independence,” admits that in the world of political reality, Trump could potentially remove Powell:

Experts who spoke to ABC News acknowledged that some legal ambiguity looms over what type of conduct warrants sufficient cause for removal, but they said a policy dispute is unlikely to meet such a standard. Still, Trump could attempt to push out Powell and test how courts interpret the law, experts added, noting that the case could end up with the conservative-majority Supreme Court.

“Trump could try and he might try,” Alan Blinder, a professor of economics at Princeton University and former vice chairman of the Federal Reserve. “It’s very unlikely that he has that authority, but if he takes this to the Supreme Court, I don’t know what to think of the Supreme Court.”

Instead, Trump could leave Powell in his position on the Fed’s 7-member Board of Governors but demote him from his role as chair, Blinder said.

“That’s a subtle question that has never been tested,” Blinder said, acknowledging a lack of clarity about whether it would be allowed. “We can’t answer that quite as definitively.”

In any case, Trump would likely have to expend some serious political capital if he wants to remove Powell via presidential power.

Yet, Powell’s defiance ought to provoke us to ask why wealthy, pampered, out-of-touch technocrats like Jerome Powell get to act like their removal constitutes some sort of transgression. Central bankers are just bureaucrats, and their removal ought to be regarded with no more trepidation than the removal of an undersecretary of agriculture.

Congress Should Fire Powell, and Not Stop There

Regardless of what Trump’s legal powers may be, it is clear that Congress has the power to remove Powell, just as Congress has the power to abolish the central bank altogether.

The Congress ought to abolish the Fed entirely, of course, but if members lack the stomach for that heroic act, Congress can begin with amending the Federal Reserve Act to make it clear that the chairman of the Fed is not a Holy Person, untouchable by the mere mortals who are actually elected to run the federal government. There are many ways Congress could approach this issue. For example, Congress could rewrite the law to allow Congress to remove the Fed chairman with a majority vote in either house. It doesn’t really matter, so long as central bankers get the message that they’re not special.

While Congress is at it, it could make a few other crucial changes as well. Congress should prohibit the Fed from buying any assets of any kind. This would end the Fed’s habit of buying up mortgage-backed securities and government securities to prop up the banker class and Powell’s buddies—i.e., Janet Yellen—at the Treasury. It would also end the Fed’s ability to manipulate interest rates since the Fed’s main tool here is its “open market operations.”

A second key change that is very necessary is removing the Fed’s so called “dual mandate.” As the Fed likes to often mention, the Fed has a dual mandate of both “stable prices” and “maximum employment.” Congress should immediately abolish the mandate for “maximum employment” because the only purpose this has ever served has been as an excuse for the central bank to inflate the money supply. As is abundantly clear from Fed press conferences and publications, the Fed routinely justifies its dovish policy in terms of fulfilling its mandate to maximize inflation. That is, the Fed often says something to the effect of “we’re embracing easy-money policy because our dual mandate to maximize employment says we have to.” Congress should just delete the mandate.

(By the way, the Fed actually has a third mandate. It’s to ensure “moderate long-term interest rates.” Getting rid of the Fed’s power to purchase assets probably nullifies this mandate in any case, but Congress might as well remove any doubt and totally prohibit the Fed from manipulating interest rates of any kind.)

Fed Independence Has Never Been Used for Good Things

Of course, if Congress were to attempt any of this, Fed simps in the media and in Congress will try to talk about how such things are unprecedented and we must respect “Fed independence.” Media stories in the Fed often claim that attempts by elected officials to rein in Fed technocrats violate “long-standing norms” that respect Fed independence.

This is a fantasy version of history. There is not now, and there has never been, any such thing as Fed independence because the Fed always willingly helps the regime get what it wants.

Early on, Fed independence didn’t even exist in theory, and was explicitly limited in law. Prior to 1935, the Comptroller of the Currency and the Secretary of the Treasury sat on the Fed’s Board, thus ensuring a direct line from the White House to the Fed.

In 1933, of course, Franklin Roosevelt issued an executive order abolishing the gold standard and ordering the Fed to turn over all its gold to the Treasury. So much for “Fed independence” under the Left’s favorite twentieth-century president.

Even after 1935, it was understood that the Fed would always assist the Treasury with funding whenever necessary. This again became obvious during the Second World War when the Fed essentially helped launder funds for the war effort. The Fed agreed in 1942 to peg interest rates on government securities. The Fed also engaged in a variety of price control measures and regulations designed to assist the White House.

Only since the Monetary Accord of 1951 has there been a de jure nod to giving the Fed autonomy on policy. The Fed has never used any of this alleged autonomy to do anything good, however. We’ve seen this proven countless times since the Fed has always gladly done its part to ensure the Treasury gets what it wants. From the Fed’s efforts to finance federal deficits in the 1970s, to the Plaza Accord in 1985, and to the flood of easy money since 2008, the Fed has never used its so-called independence to actually rein in federal profligacy.

What Matters to the Fed Is Protecting the Banking Class

Central bankers have never cared about Fed independence as a way of limiting state power. According to its own historical narrative, the Fed has now allegedly been “autonomous” for sixty years or more. Has inflation and federal spending been more restrained during that time? Obviously not. The Fed has always and everywhere been happy to enrich the state, regardless of whatever levels of self-governance it might achieve.

The real reason the Fed wants more independence is so the Fed can also more easily enrich the banker class while also making the Treasury happy.  That is, the banking cartel that works hand in glove with the Fed cares deeply about having control over who gets onto the Board of Governors and who gets to be chairman. The elite bankers are perfectly willing to effectively serve the Treasury so long as the cartel gets to have its own people in charge. This is how the banker class ensures that its monopolistic powers are protected, the competition is crushed, and the bailouts are guaranteed.

If the Fed pushes back against the elected government, it’s only if the priorities of the elected government conflict with the Fed’s priority, which is serving the interests of the banker class. Experience makes it abundantly clear that central bankers are fine with endless price inflation. But, the Fed wants to inflate in a way that most suits the Fed and the banking cartel. That’s why Powell and the Fed are so opposed to the idea of being removed from office. There is no higher principle here. There is only power.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

The post Congress Should Fire Jerome Powell appeared first on LewRockwell.

Freedom from Digital Hell Depends on Trump’s “Multiple Personality Disorder”

Lew Rockwell Institute - Mar, 12/11/2024 - 05:01

“If you look at the dependency of the economy on organized crime and war, the deep state is not something that happens in Washington. It’s something that happens within the cash flows of every county in America. There are 3,100 counties and 50 states and those are highly dependent on the financial machinery of the deep state. So, the corruption whether it is organized crime or war is really bottoms up. Many people in America want Trump to reduce dependency on organized crime and money laundering. But they are not prepared for the financial ramifications if he does……It is good news if trump wants to get us out of the Paris Agreement (binding agreement on climate change) but if Trump is here to sell us out for the central bankers to create an alternate digital financial and monetary system and digital ID’s to finally snap a control system into place, then we’re in real trouble. I call this the Digital Concentration Camp. If you look at what Trump said about a digital ID, I think it is deeply concerning. Trump has been on the wrong side of many of these specific points.

We do not want:

  • An all-financial monetary system (all debt-based dollar)
  • We do not want a digital ID, and
  • Last thing we want is somebody auditing or running the fed reserve who wants to put a mesh network in the back of your head and hook you up to an (Elon Musk) satellite.

So, what you see around the president is a multiple personality disorder of (choosing) people who want to build the control grid and are deep in the defense industry like Musk and Peter Thiel, but also people like Kennedy who want freedom and is sincere about that”. 

Nov. 6, 2024.

In a September 9 article at LewRockwell.com, I suspected that an oligarch would end up running the U.S. after the 2024 election, not the political candidate of either party:

“The 2024 presidential selection is a contest between de-facto shadow presidents of either old elite Mark Zuckerberg or new elite Elon Musk, not Harris versus Trump”.

Three days after the election, Fox News reported that my apprehension was fulfilled:

Elon Musk Joins Donald Trump in ‘Very Good Call’ with Ukrainian President Zelensky”.

At least the Trump-Musk Republican version of presidential governance doesn’t hide their cabal of oligarchs any longer or hide that the US is an oligarchy not a republic or democracy.

But in the quote at the top, Catherine Austin Fitts, former HUD assistant secretary under Trump, charges that Trump’s partnership with Silicon Valley billionaire Elon Musk, who is pushing for a nation-wide digital surveillance system, conflicts with sentiments of the voters who elected him. Potentially problematic is that Musk is the leader of a clique of Silicon Valley high tech billionaires (Peter Thiel, Larry Page, Larry Ellison and the Pay Pal Mafia), who want to install a total surveillance state under the guise of rollout of Artificial Intelligence technology (“AI” is a euphemism for automation and surveillance capitalism).

Fitts says what high-tech power elites want to move everyone into is a “digital concentration camp”.  This is best reflected by high-tech billionaire Larry Ellison who states that AI will entail a mandate to wear body cameras by 2025 to “keep everybody on their best behavior” (see video here). How digital technology would know who is wearing that camera, however, is unknown without embedding the wearer with a chip.

Moreover, Trump’s vice president-elect J.D. Vance (born James D. Bowman) once worked for Peter Thiel at Mithril Capital, a high-tech venture capital firm. Thiel donated $15 million to Vance’s 2022 senate campaign in Ohio.  Musk and Thiel were big donors to Trump’s recent presidential campaign. If you voted for Trump, this clique is who you effectually voted for.  So, Trump has a nepotistic and donor/patronage relationship with advocates for digital banking and surveillance who are in his administration. It’s not that Trump is a fox who has been let into the proverbial Deep State henhouse as the Deep State contends, but the chicken hawks have set up an ambush of Trump as their prey.

The conventional media portrayal of the mysterious “Deep State” is that it is solely a creature of Federal government intelligence and justice agencies (CIA, FBI, NSA, DOJ, etc.). To the contrary, Fitts points out that the Deep State is corrupted mostly by state and local governments who depend on money laundering from illicit government enterprises and wars. Think of an otherwise barren state like New Mexico whose political economy disproportionately depends on the military industrial complex and wars. Fitts says for Trump to succeed with his Deep State plan, he must gain preliminary “alignments” for federal revenue sharing between state and local governments preliminary to his taking office.  Another factor in this Deep State public theater, is the weaponizing of the World Health Organization (WHO) that is planning for another virus lockdown simulation in 2025 for the H5N1 Virus.

As part of a pending free speech violation lawsuit, Shiva Ayyadurai, PhD, candidate for US Senate in 2020 from Massachusetts, discovered there is a covert Back Door Portal to Twitter which gives government the capability to secretly ban or limit any Internet speech it wants. Shiva’s lawsuit alleges Twitter CEO Elon Musk is a de facto government agent. Shiva was banned from Twitter. Then when restored, he could only receive 5,000 visitors per day instead of the previous 500,000 per day. So, election interference law was also violated. All Twitter subscribers in the US are still subject to this same covert violation of the Constitution. There is nothing in Trump’s new plan to dismantle the deep state that addresses the violation of free speech and shadow banning by private corporations through the Internet.

Freedom from such a “digital concentration camp” is dependent on Trump’s “multiple personality disorder”, according to Fitts.  What she means by “multiple personality disorder” is what sociologists call social role alternation. This is a shift or conversion, much like a religious conversion, from one ideology and self-identity to another and mental compartmentalization of both. Put differently, it is pretending to be two different people. For example, a social worker who is a revolutionary Marxist Democrat may also be a Republican conservative Christian when at church. This also explains what is called “Trump Derangement Syndrome” by his opponents who go berserk because their livelihoods and social status are being threatened by Deep State cutbacks and agency elimination.

Fitts also mentions that there are still pending lawsuits against Trump that will likely continue to be prosecuted to attempt to control his decision making to drain the swamp.  Especially notorious are hoked-up lawsuits in New York against Trump for tax fraud and hush money and election subversion in Georgia. These lawsuits are arguably intergovernmental blackmail, potential bribery or other forms of coercion to preserve state and local entitlements, disbursements, water supply allocations, offshore oil and gas leases, and favorable enforcement or lax enforcement of drug laws from the federal government.  So, implementation of any reductions to the deep state may consequently entail threats to Trump, incarcerating him in state prison or, as we have seen, attempts on Trump’s life.

While such political shakedown lawsuits against Trump may seem irrational and vindictive to the average citizen, they could also be seen as quite rational, albeit criminal, in a system of federalism during a time of wild government spending on wars and corporate fascism due to plausible loss of the reserve status of the US dollar.  Some 25 corporations centered around Silicon Valley and San Francisco funded about $90 million to BLM (and $220 million to Antifa from Soros) in 2020 to go to symbolic war with Trump’s federal government.  It is not coincidental that these 25 seemingly lawless corporations produce only nonessential and luxury goods that are vulnerable to any large structural economic contraction. They wanted government to shut down the competitive small business sector by lockdowns and shot mandates, together with their sponsoring of mass vandalism and shoplifting, to capture their customers and shift them to their online services and deliveries.  Trump did nothing to pursue adjudication of these crimes during his first term by use of federal racketeering laws. Nor did Trump pursue just compensation for the victims from these corporate crimes due to government inaction, as provided under the 5th amendment to the Constitution.

That the Republicans appear to have a filibuster-proof Congress may play a role in this bargaining by lawsuit because a Trump Congress could retaliate by limiting federal allocations to those states regardless of the outcome of Trump lawsuits.  Adding fuel to the Deep State bonfire, Trump has an opportunity to change the composition to the Supreme Court to 7 conservative and 2 liberals.

Any rollout of digital automation or surveillance technology of government may entail downsizing or eliminating federal agencies or departments.  But Trump’s prevarication and “multiple personality disorder” about his promises to curtail the deep state continue currently.  Perhaps we can better understand his past ambivalence in downsizing the Deep State given he was trying to do so almost singularly.  This time he has the backing of a cabal of other high tech corporate heads who have a pecuniary interest in such a government downsizing. The dilemma at hand is that it may take installation of a Capitalist surveillance state to get any reduction in the size of government. The outcome of this intergovernmental chess game about the deep state remains to be seen.

A quotation by Niccolo Machiavelli may be fitting in closure of this article: “But above all he (a prince) must refrain from seizing the property of others, because a man is quicker to forget the death of his father than the loss of his inheritance” – The Prince

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Immigration, Hispanics, and the Political Triumph of Donald Trump

Lew Rockwell Institute - Mar, 12/11/2024 - 05:01

The Amazing Political Comeback of Donald Trump

Given that I strongly disliked the policies of both Donald Trump and Kamala Harris, I didn’t pay much attention to the twists and turns of our recent presidential election, and although I voted, I wrote in someone else’s name. I can’t quite remember whom I honored with that protest vote, though it may have been former British MP George Galloway, a pugnacious pundit and host on RT.

One silver lining in not having supported either major candidate in the race is that unlike many others I won’t be disappointed in my choice.

For example, some commentators had reluctantly backed Trump, hoping that he had learned his lessons from the many mistakes he had made in his first term. But just a couple of days before the vote, their candidate said that his likely choices for Secretary of Defense would include former Secretary of State Mike Pompeo or Sen. Tom Cotton, both of whom were hardcore Neocons, and the subsequent names floated for Secretary of State and National Security Advisor have been Sen. Marco Rubio and Richard Grenell, who also fall into much the same category. These early indications suggested that the Trump Administration would likely continue the same very aggressive foreign policies of the Biden Administration, and some of Trump’s erstwhile supporters probably began grinding their teeth in frustration.

They surely recalled that during his original 2016 campaign Trump had regularly denounced his own Republican Party’s ruling Neocon establishment, famously declaring in one of the primary debates that the Iraq War of President George W. Bush had been a huge disaster for America, a statement that shocked and horrified all his Republican rivals but may have helped win him the nomination. However, once he actually reached the Oval Office, he soon placed our national security policies in the hands of Pompeo and John Bolton, both arch-Neocons of the worst sort, and they did whatever they wanted. Indeed, I’ve read that in the book he published after leaving the administration, Bolton bragged how easily he had tricked and manipulated his ignorant and detached superior, heaping insults and ridicule upon the president whom he once had served.

However, talk of such potential Neocon appointments may have provoked a political backlash, and by the weekend Trump had declared that neither Pompeo nor Nikki Haley would have any role in his new administration, thereby soothing some of those concerns.

It is widely accepted that in a presidential administration, personnel is policy, so as we learn the names of Trump’s senior appointments over the next few weeks, we will also discover the likely trajectory of the next four years.

Although it is unclear what use Trump will make of his new term in office, the mere fact that he regained the White House certainly ranks as the most spectacular political comeback in our nation’s nearly 250 year history, easily outdistancing the split second term of Grover Cleveland in 1893 or Richard Nixon’s political resurrection in 1968. Indeed, the challenges Trump overcame along the way to Election Day sound like something out of a satirical Hollywood film.

While in office, he had been impeached not once but twice, and after his outraged supporters stormed the Capitol in early 2020, he was widely declared an “insurrectionist” by the Trump-hating media. I doubt that any other major political figure in American history has ever been so massively and uniformly vilified by that media, which for generations had been recognized as having the power to make or break presidential candidates.

Then, as Trump geared up for his 2024 run, Democratic prosecutors across the country brought him up on a host of criminal charges, eventually convicting him of 34 felonies and fining him hundreds of millions of dollars, so for a time it looked like he might have to campaign for the White House from a prison-cell.

After successfully capturing the Republican nomination, Trump soon became the victim of two separate assassination attempts, one of which nearly succeeded. Rather than being shocked, I was puzzled that there hadn’t already been many more such incidents:

When I first heard that Trump had survived an attempted assassination, my surprise was not that it had occurred but that there hadn’t already been a dozen or more previous attacks. I doubt that any political figure in modern American history has ever been so massively demonized by our mainstream media as Donald J. Trump during the last eight or nine years. He’s been vilified as a fascist, a Hitler, a traitor, a Russian stooge, a rapist, a racist, a swindler. Trump was endlessly portrayed as a fiend absolutely determined to destroy American freedom and democracy, someone who represented our country’s deadliest human enemy.

Our media creates our reality and for most of the last decade, hundreds of millions of Americans have been completely blanketed by these unrelenting waves of ferocious anti-Trump propaganda, so surely many thousands of them would have been unbalanced enough to consider saving our country by taking the law into their own hands and patriotically risking their lives to eliminate that deadly human menace. The media had spent all these years painting a very bright target on Trump’s back, and I’ve been astonished that until a couple of days ago no American had yet taken aim at it.

Yet despite all those seemingly insurmountable challenges, Trump ultimately triumphed, winning the presidential race far more convincingly than most observers had expected, and even capturing a majority of the popular vote, becoming the first Republican to do so in twenty years.

With Trump now returning to the White House and likely to be dominating the headlines for the next several years, I’ve added a new section that groups together my articles regarding his policies and activities.

How the Democrats Resurrected Trump in 2023

Although Trump’s political triumph was quite remarkable, he certainly had a great deal of help in achieving that result, and I think that most of the credit goes to his political enemies in the Democratic Party, whose seething hatred had inspired efforts that completely backfired. In August 2023, I’d described how this had played out.

Media is the oxygen of political campaigns, and Trump’s totally unexpected primary and general election victories in 2016 were driven by the massive attention he received for his sometimes outrageous public statements, coverage greatly amplified by the unprecedented number of Twitter followers he had quickly amassed on social media. His bitter political enemies recognized the enormous, unfiltered power of that latter communication tool, and after he reached the White House, they exerted huge pressure upon Twitter to begin censoring him. The notion of an American tech company restricting the political speech of a sitting American President seemed like something out of a Monty Python sketch, but it actually happened. Meanwhile, many of his leading activist supporters and pundit allies were completely purged from that platform, blows that greatly hindered his reelection campaign. Then after his November defeat and Joseph Biden’s inauguration, Trump himself suffered the same fate, with his Twitter account permanently suspended.

With Trump banned from Twitter in early 2021, his political standing soon ebbed away as more and more of his low-information political base gradually forgot about him. This led many observers to conclude that his time had passed and some rival would likely capture the Republican nomination in the 2024 primaries.

However, that decline was quickly reversed when Trump’s bitterly self-destructive Democratic Party enemies launched a series of prosecutions against him on a variety of different charges, ranging from mishandling secret documents to paying hush money to a former girlfriend to election fraud, all rather dubious charges. With such exciting new topics, the endless Trump Political Reality show had suddenly returned as popular entertainment, regaining the very high ratings it had previously enjoyed. Trump once again became the great hero of his populist Republican supporters, with recent polls showing he was drawing far more support in the 2024 primaries than all his Republican rivals combined.

Indeed, some cynical observers even suggested that this outcome might have been intentional. Perhaps the Democrats regarded Trump as the weakest Republican candidate they might face in 2024, and sought to ensure his renomination. Such a deeply Machiavellian strategy might be possible, but all of these various prosecutions and trials will surely keep Trump at the top of the news cycle from now until November 2024, whether Election Day finds him still on trial or already serving time behind bars. It’s easy to imagine that the same tidal wave of backlash sentiment now propelling Trump to a landslide victory in the forthcoming primaries might also carry over into November, returning him to the Presidency, whether from the courtroom or the jail house.

We should consider that even a couple of months ago when Trump’s legal problems were only just beginning, he already began attracting strongly sympathetic remarks from unexpected ideological quarters.

Columnist Kevin Barrett is a Muslim convert friendly towards Iran, and in May he published a short item that opened by characterizing Trump as “an odious figure…A narcissistic semi-literate scoundrel.” But his piece was entitled “Why I’m ALMOST Ready to Vote for Trump,” and he explained that the totally unhinged campaign of vilification by our entire political and media establishment against the obnoxious former President had largely shifted him in that direction. He also cited the analysis of a popular progressive podcaster:

Jimmy Dore makes a good case that Trump’s civil trial for sexual assault and defamation was “A Pure Democratic Hit Job.” Dore points out that New York’s bizarre one-year repeal of the statute of limitations was specifically designed to grease the skids for Carroll-v-Trump. Since when did governments start temporarily repealing statutes of limitations so they can go after political figures they don’t like? The move seems especially egregious because it involved an almost three-decade-old case in which the alleged victim can’t even remember which year the alleged assault happened, and has no evidence whatsoever other than her word against his. If you’re going to do something as extreme as suspending the statute of limitations so you can prosecute a specific case, shouldn’t you at least have some evidence?

Around the same time, other influential progressive journalists such as Max Blumenthal and Aaron Mate similarly ridiculed Trump’s indictment on hush-money charges by an NYC prosecutor.

Read the Whole Article

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Weather or Not?

Lew Rockwell Institute - Mar, 12/11/2024 - 05:01

The news cycle leading up to a hurricane is long, but soon after landfall and damage reports; it disappears. The dead are counted, dollar amounts are guessed at and FEMA sends in the troops,…eventually.  The aftermath is soon forgotten, but not by the displaced, or the many other victims fighting-off loss, facing endless cleanups and depression.

After direct hits by 3 major ‘canes in 14 months, I know.  After weeks of sleeping with chainsaws, aching hands and back, I still wonder at the strange coincidence of getting whacked, over and over and over again.

Salty sweat burned my eyes, yet memories of hurricanes remain; too many hurricanes!  They used to come every 20 years?  Donna, Betsy and Andrew came years apart. There was a pause after Michael in 2018, then Idalia, Debby, Helene,..Milton; wham bam thank you mam!

After floods, drought and “wildfires”; summer 2024 saw swarms of over 500 tornadoes trash the midsection of the country.  Natural Climate variations,…I think not.

Dozens of weather modification patents have been filed since the late 1940s.  Over 60  countries have been involved in climate tinkering, mostly for stealthy weather warfare?  While this tactic has been a classified operation in the U.S. with any discussion currently under gag order, crazy weather phenomenon, yearly 500yr floods, extended droughts and even earthquakes around the globe have been common, continuous and not random.

Coincidence or conspiracy?  One needn’t look far for theories supported by reports and analysis of chemtrail chemicals,…of microwave arrays like HAARP in Alaska and the Antarctic,…of radar installation activity/inactivity surrounding hurricane tracks.

Were this sneaky cat let outta the bag, liability would eclipse the national debt!

But who dunnit?  Russia, China or the good ol’ DOD? Either way, “legal” immunity is conferred on perpetrators.

I can accept the occasional natural disaster, but the thought of engineered calamities makes me madder than hell.  There is way too much evidence to ignore artificial weather modification.  Shoot, I know we are warming, but it ain’t all CO2!  Look at the urbanization, black asphalt, deforestation, drained wetlands…Look at the thermal effect of plastics on our oceans….Look at the heat trapped by countless acres of black asphalt and emitted by vehicles, air conditioners, jets and all manner of burning things.

In summer, I get a consistent 5-6 degree drop in temperature when leaving the city strip and returning to tree-lined country roads!

Am I to Believe???

Given all the false flag events, weaponized diseases, media propaganda, deep state manipulations of public perceptions, needless wars, security state invasions of privacy and corruption at all levels of government and bureaucracy; am I to believe that weather has NOT been turned against us???

Given the utter destruction of Florida’s Gulf Coast and millions of acres of inland farms, am I to believe that constant hurricanes do NOT open all that valuable real estate to go for fire-sale prices???

Given the gag order on the National Weather Service to discuss climate engineering, am I to believe that secrecy is NOT politically motivated to protect “Green” globalist programs and the CO2 narrative mandating electric vehicles, wind farms and solar arrays?

Yes, summers are hotter, winters colder and extreme events more common, but why am I still repairing buildings, clearing downed ancient trees and weeping over the loss of fruit and nut crops and the destruction of forests?  No one follows weather more closely than farmers and fishermen, their incomes and our food depend on it.  And as a health researcher, beside mercury, lead, arsenic and cadmium; aluminum is the most prevalent toxic metal found in lab analysis! Metals are responsible for a variety of human diseases!!!   ( https://substack.com/home/post/p-145766894 )

Is there any government official or news outlet with the integrity to investigate climate engineering and willing to focus on this gross misuse of technology?  Trump?  RFK?  Musk?

How many disastrous events can be chalked-up to mere coincidence when we know for certain global agendas are afoot!

*** see;   https://gregreese.substack.com/p/weather-wars-fema-and-equitable-mass

*** see;   geoengineeringwatch.org ; https://www.geoengineeringwatch.org/us-presidential-candidate-robert-f-kennedy-jr-and-dane-wigington-is-climate-engineering-real/

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Why Conservative Christians Oppose Marijuana Ballot Initiatives

Lew Rockwell Institute - Mar, 12/11/2024 - 05:01

Conservative, evangelical, and fundamentalist churches in Florida are rejoicing and thanking God that Amendment 3 on the Florida ballot to legalize the recreational use of marijuana was rejected by Florida voters. Although a majority of people in Florida did vote in favor of the amendment, it needed to receive a 60% supermajority to be approved.

The ballot summary of Amendment 3 read:

Allows adults 21 years or older to possess, purchase, or use marijuana products and marijuana accessories for non-medical personal consumption by smoking, ingestion, or otherwise; allows Medical Marijuana Treatment Centers, and other state licensed entities, to acquire, cultivate, process, manufacture, sell, and distribute such products and accessories. Applies to Florida law; does not change, or immunize violations of, federal law. Establishes possession limits for personal use. Allows consistent legislation. Defines terms. Provides effective date.

Florida voters approved legalizing medical marijuana in 2016 after rejecting it the first time it was on the ballot.

More than 140 measures appeared on state ballots alongside races for president and top state offices. In addition to Florida, recreational marijuana was on the ballot in North and South Dakota for the third time but failed to pass. In Nebraska, voters approved the legalization of the medical use of marijuana.

This means that the recreational use of marijuana remains legal in 24 states and the District of Columbia and the medical use of marijuana is now legal in 39 states, the District of Columbia, and the other U.S. territories of the Northern Mariana Islands, Guam, Puerto Rico, and the Virgin Islands.

Regardless of what state they are in, conservative, evangelical, and fundamentalist churches can be counted on to oppose marijuana ballot initiatives, and especially initiatives to legalize the recreational use of marijuana like those that failed in Florida and North and South Dakota. Likewise, most members of these churches can be counted on to oppose marijuana ballot initiatives, and again, especially initiatives to legalize the recreational use of marijuana. Most church members, but not all, although I suspect that most of those who voted in favor of such ballot initiatives would not make their vote known publicly, at least around their fellow congregants.

So, why do conservative Christians oppose ballot initiatives to legalize, for medical or recreational use, marijuana?

Regarding medical marijuana, religious people would generally say that they oppose its legalization because its medical benefits have been exaggerated and because most of the people that would use it for “medical reasons” just want to legally get high. I am not sure of their first point but I think they are correct on the second.

Regarding recreational marijuana, religious people would generally say that they oppose its legalization because it is harmful, addictive, potentially destructive, and/or immoral. As a theological and cultural conservative, on this they will get no argument from me.

None of this has anything to do with the real issue.

The real issue has nothing to do with the benefits of medical marijuana or the motive of medical marijuana users. The real issue has nothing to do with the physical, mental, emotional, or spiritual effects of marijuana. The real issue has nothing to do with anyone growing, buying, selling, or using marijuana at all.

The real issue is the proper role of government.

Is it or is it not the proper role of government to prohibit, regulate, restrict, or otherwise control what a man desires to buy, sell, grow, process, transport, manufacture, advertise, use, or possess or what a man desires to eat, drink, smoke, inject, absorb, snort, sniff, inhale, swallow, or otherwise ingest into his mouth, nose, veins, or lungs?

It is a yes or no question.

Unfortunately, most conservative Christians will answer in the affirmative. Why? Because they have failed. They have failed to convince those outside of their churches to not use marijuana. So, because they have failed, they are seeking to use the power of the government to force people not to use marijuana by threatening them with fines and imprisonment or to make it very difficult for people to legally use marijuana. This is why conservative Christians oppose ballot initiatives to legalize marijuana.

Since there are no principles in the Bible that would mandate or suggest to Christians that they use the force of government to prevent people from doing something just because they don’t like it, conservative Christians should listen to the wisdom of the great Austrian economist Ludwig von Mises:

A free man must be able to endure it when his fellow men act and live otherwise than he considers proper. He must free himself from the habit, just as soon as something does not please him, of calling for the police. He who wants to reform his countrymen must take recourse to persuasion. This alone is the democratic way of bringing about changes. If a man fails in his endeavors to convince other people of the soundness of his ideas, he should blame his own disabilities. He should not ask for a law, that is, for compulsion and coercion by the police.

Regardless of how they personally feel about marijuana, conservative, evangelical, and fundamentalist Christians should be the first to support marijuana ballot initiatives and the last to use the power of the government to force people to behave in a certain way.

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The Deep Corruptness of Today’s Democratic Party

Lew Rockwell Institute - Mar, 12/11/2024 - 05:01

10 November 2024, by Eric Zuesse. (All of my recent articles can be seen here.)

Because I am and always have been a progressive, I’ve always been strongly opposed to the post-Abraham-Lincoln Republican Party, which has always represented ONLY America’s wealthiest, against everybody else; but, as an investigative historian I have also come to recognize that ever since 25 July 1945, the Democratic Party — just like the Republican Party — is LIKEWISE representing ONLY the billionaires, who are united in placing as their #1 priority the creation and universal expansion of the U.S. empire, which started on that date and has been expanding ever since, though nowadays there is no other empire on this planet, and though the hundreds of trillions of U.S. dollars that have been spent on this imperial expansion (by means of subversions, sanctions, coups, and outright military invasions) have benefitted ONLY that richest 1% of the richest 1% of Americans, and have murdered tens of millions of people around the world and created hundreds of millions of people to become refugees (not to mention that these expenditures have come at the expense of trillions of dollars that could otherwise have gone toward increasing the health, education, social security, and general welfare, of the American public). This massive harm, by and for America’s billionaires, is the result of what is commonly called “neoconservatism,” which is the belief that the U.S. Government (which is controlled by America’s billionairesmust control all other countries.

So, the things that I will say here against the Democratic Party are equally the case against ALSO the Republican Party: BOTH Parties are billionaire-controlled and for billionaire-benefit. Both of America’s Parties are for the billionaires (and their millions of neoconservative agents) against the public. They control the public by deceiving the public through the ‘news’-media that they control by means not only of their ownership of them but also by their OTHER corporations (profit and ‘non’-profit) advertising in them. That’s the way the billionaires — America’s actual Deep State — achieve and maintain their control.

At The Hill’s “Rising” on 14 August 2019, Krystal Ball gave the supreme documentation that in order to get and retain employment by any U.S. major ‘news’ medium, a journalist MUST be either corrupt or else stupid or else just desperate to make that much money (i.e., corrupt, like I just said).

That video OUGHT to have been headlined the way that this article is, but, perhaps because it was so explosive in its content, The Hill wanted it to attract as little attention as possible and so headlined it instead with the very routine “Krystal Ball exposes anti-Bernie media bias” (which was only the video’s opening, but that was just the opening 2 minutes of this 8-minute video, which was devoted 100% to explaining the deep corruptness of today’s Democratic Party and of its ‘news’-media. Ball’s co-host Saagar Enjeti further detailed the way in which an American ‘journalist’ is effectively coerced to either avoid reporting truths that the employers want the public not to know, or else to accept to be made available to only ‘alternative news’ audiences — who already know that the major ‘news’-media are untrustworthy because they are publicizing ONLY what their corporate masters want the public to ‘know’.

On 6 November 2024 (the day after the election), Krystal Ball posted at the progressive honest journalist Ryan Grim’s DropSiteNews, “Bernie Would Have Won”, and analyzed the election-results so as to conclude that whereas Trump’s conservative populism was viewed by the Republican Party’s megadonors as being acceptable, the Democratic Party’s megadonors viewed Bernie Sanders’s progressive populism as being deeply unacceptable and therefore they ditched his Presidential campaigns both in 2016 and in 2020. I have analyzed national polling on Sanders’s net-approval ratings throughout his time in the U.S. Senate and have many times mentioned in my articles that but for the hostility towards him by America’s billionaires, he would have easily won the Democratic Party’s primaries and the Presidency, and that the DNC just didn’t care about that clear fact. The same thing happened with RFK Jr. in 2023-2024: like Bernie, his net-approval ratings soared above any of the other Presidential candidates but the DNC ditched him, too, and so gave us, instead, first Joe Biden, and then Kamala Harris — both of whose net-approval ratings were well below zero — as were Trump’s. The billionaires WON’T ALLOW THE AMERICAN PEOPLE TO GET AS A PRESIDENT A PERSON THAT THE AMERICAN PUBLIC WANT TO BECOME THE PRESIDENT.

The problem here ISN’T the U.S. Constitution but America’s billionaires. Tinkering with the Constitution or the laws can’t solve this problem: the U.S. is a dictatorship by them, in fact; and, now that it is so, they won’t willingly let go of it. They have made that repeatedly clear.

If a person is incorruptible, that person has no chance to rise to or even near the top in American politics at the federal Government level. That’s just a fact now. And this Government has the nerve to set itself as being the model that the entire world should look up to. It proclaims that the countries it wants to conquer are ‘autocracies’ instead of, like the U.S., a ‘democracy’ — and their ‘news’-media follow that lying imperialistic line, as-if it were instead fact. This is how they ‘justify’ their supposed right to control the countries they haven’t YET conquered. It’s all lies.

This originally appeared on The Duran.

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