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The Unspoken Premise Of Modern Capitalism Is That The World Will Be Saved By Greedy Tech Oligarchs

The Unspoken Premise Of Modern Capitalism Is That The World Will Be Saved By Greedy Tech Oligarchs

Psychopathic neocon Nikki Haley is greasing the wheels for her 2024 presidential campaign by screaming that America has been taken over by socialism.

“2020 was the year socialism went mainstream,” Haley tweeted today. “The dangerous ideology, which has failed everywhere it has been tried and ruined countless lives, is on its way to becoming the default economic policy of the Democratic Party. This terrifying trend threatens the future of every American.”

Ah yes, America. The country where Republicans spend all day screaming that socialism is happening and Democrats spend all day making sure it never does.

 

Meanwhile, outside of Nikki Haley’s magical fantasy world where Joe Biden is ushering in a Marxist world order and Bernie Sanders is personally guillotining billionaires in Central Park, Americans are being denied financial support and healthcare even as millions are thrown out of work during the pandemic.

In reality, the world is still very much locked into zealous worship of the great god known as capitalism. And it is choking the world to death.

We live on a finite planet of finite resources with a finite ecosystem that has a finite capacity to absorb punishment without becoming uninhabitable. Science tells us we are fast approaching the breaking point at a debatable rate of acceleration. Depending on what scientists you believe we could get there in several decades, or it could be a whole lot sooner.

Capitalism, the predominant driving force of human behavior in our world right now, offers exactly two potential solutions to this dilemma. The first is to pretend the dilemma doesn’t exist, which is why a Venn diagram of climate denialism and support for capitalism is always going to be a near-perfect circle. The second is the entirely faith-based hope that some kind of sustainable technological innovation is going to save the day before our behavior drives us off the cliff of extinction.

…click on the above link to read the rest of the article…

Trump said Twitter Has Become a National Security Threat

Others have been writing in that they have now censored Pat Buchanan as well. It seems that anyone who they dislike is being censored. President Trump has come out against Twitter saying their censoring of Republican lawmakers is now creating a matter of national security. He has ample grounds to arrest Dorsey – NOW! Section 230 cannot overrule the Constitution. It is unconstitutional and he should be prosecuted to the fullest extent of the law.

This is absolute TREASON and it is entirely to further the take over of the United States by this foreign agenda headed by Klaus Schwab and his World Economic Forum which has openly stated that one of their predictions is that the United States will no longer be a superpower and it will be “shared” among nations being the United Nations.

This is an outright coup to try to take over the United States to create this one-world government of George Soros. These people have crossed the line. This is a deliberate attempt to overthrow the government and destroy all our lives and they have been using this virus and the pretense for this invasion. I did an interview in Canada and the death toll from COVID-19 outside of nursing homes was 165 in the entire nation. This is by no means justification to lockdown everyone which is really to destroy the economy for their “Build Back Better” agenda coming from the World Economic Forum.

Denmark Also Passes Emergency COVID Law Coordinated with Germany – They Are Now Moving Rapidly Globally

Denmark has taken a major step to a totalitarian state. This new law allows forcing people who test positive for ‘dangerous diseases’ to be ‘medically examined, hospitalized, treated and placed in isolation’. This further grants the Danish Health Authority the power ‘to define groups of people who must be vaccinated in order to contain and eliminate a dangerous disease’. The government can now coerce people who refuse to have the vaccine ‘through physical detainment, with police allowed to assist’.

These clauses present the collapse of all freedom. The government can simply say they “think” you are a member of such a group they define arbitrarily without any court to step in with respect to human rights. All individual liberty is now officially extinguished. This law allows full discretion to government officials with respect to defining what is now even a ‘dangerous disease’ and which groups will be forced to take a vaccine.

The government was forced to repeal the law after a week of constant protesting.

All the lessons of tyranny born with such horror and human suffering, for which so many gave their lives in defense against such unbound discretion handed to government agents, has been pushed aside. This agenda is being imposed because SOCIALISM is collapsing – they can no longer fund the pensions and programs for they can no longer borrow other people’s money. Instead of revising the system to preserve our humanity, world leaders have chosen the path to authoritarianism and the end of all our rights.

We no longer have world leaders who even remember World War II. They think only about their own status and power. They do not represent us. Just open your eyes, they are all using the very same slogan – Build Back Better.

…click on the above link to read the rest of the article…

World Economy Preparing for Collapse

World Economy Preparing for Collapse

The world has changed dramatically in the course of this orchestrated and intended collapse of the global economy in order to launch this Great Reset. In the course of several months, we have watched a deliberate economic disaster under the pretense of this coronavirus pandemic. While the main objective of one group has been the create a New Green World Order, they relied upon Socialists who realize that their economic dreams are also collapsing. As a result, this combined force is out to change the world and the real agenda is the New Green Socialist Agenda. They have pretended that there has been this huge tragically large number of human lives being lost when more people die from car crashes. They have deliberately terrorized people to achieve their agenda.

They have embarrassed politicians and countries into implementing quarantines, social distancing, and have locked down the world population where NOTHING of such a magnitude has EVER taken place in 6,000 years of recorded history. These drastic practices to contain this exaggerated pandemic have unleashed a Sovereign Debt Crisis our computer has been forecasting but never in my personal imagination w3ould I have ever anticipated that this would be deliberate.

The cost of this Great Lockdown is virtually beyond comprehension. We are witnessing people hoarding cash around the world. The magnitude and speed of collapse in economic activity that has followed is unlike anything experienced in our lifetimes. Yet the real trend starting to unfold is the collapse in public confidence. We are now even beginning to see runs on banks to hoard cash in China as well. Our sources in China are reporting that the People’s Bank of China initiated a strategic plan in the Hebei province which requires retail and business clients to pre-report any large withdrawals or deposits. They will expand this program in October to other provinces.

…click on the above link to read the rest of the article…

Starry Starry Night An Ode To Idealist – We Are doomed

Starry Starry Night An Ode To Idealist – We Are doomed

The images of protest and violence that fill viewing screens across the globe underline the fact we are not on the way to nirvana, a state of idyllic peace and happiness. In my younger days, I was a full-blown idealist full of optimistic thoughts of how if we all worked together we could create a wonderful world. It soon became apparent that many people were not interested in work or doing, “their fair share” just for the sake of adding to the overall health and well-being of the community. This is the fatal flaw in the socialist theory. Adding to the problem is the human-animal by nature, while considered a social creature, seems unable to agree on much of anything. This of course extends to how we live, goals, and even the kind of lifestyle we wish to live.

Vincent is a song by Don McLean written as a tribute to Vincent van Gogh. It is also known by its opening line, “Starry Starry Night”, a reference to Van Gogh’s 1889 painting  The song, by Don McLean, in some ways, is an ode to idealists everywhere. The lyrics are a comparison to Van Gogh’s actual life.

They take us on a musical journey from Van Gogh’s vantage point looking out from the asylum at Saint-Remy. History shows Van Gogh to have been a troubled soul that lived in torment and spending time in the mental asylum where he painted mainly from his room or the courtyard garden. Later he went further afield to paint. Van Gogh attempted suicide by shooting himself in the chest, which ultimately led to his death two days later. 

…click on the above link to read the rest of the article…

Personal Politics, Public Impeachment, Persuasion and Post-Apocalyptic Planning

Personal Politics, Public Impeachment, Persuasion and Post-Apocalyptic Planning

One of my primary concerns regarding the forthcoming economic chaos and societal breakdown is that there will be nowhere to run and nowhere to hide. As normalcy bias evaporates like tears on dehydrated sunken cheeks, hungry neighbors and pre-collapse friends and acquaintances will soon assimilate into zombie hoards and come knocking like its Halloween.

What are you going to do? Shoot them?

Regardless, saying “I told you so” or “I tried to warn you, but you didn’t listen” will not be an effective deterrent. Furthermore, the resultant chaos will also deliver local strongmen and gangs ready to thieve and plunder amidst widespread violence and starvation.

In such a scenario, any lone bananas are sure to be skinned.

Are you ready?

Because very few will have the opportunity to bug out to a remote location and surprisingly, an isolated cabin in the woods, or a fenced-off hidden homestead in a rural area may not be best after all.  Take it from Fernando Ferfal Aguirre, who survived the economic collapse in Argentina.  In his book, “Surviving the Economic Collapse”, he described geographic areas as like organisms dying; where the extremities perish first. Aguirre identifies the urban areas as the safer places to work, trade, and live; with the rural areas as targets for roving gangs to raid and set up camp out of the reach of city services, police, and fire departments.

Therefore, since we know the endgame, what if we could parlay that into building trust with others now?   Perhaps entire regions could be fortified in a balkanized America, simply by reorganizing current civil administrations.  All that would be required would be for the heads of select institutions and agencies to work in coordination, quickly, and decisively as the proverbial excrement collides into the whirling flabellum. Roving bands, gangs, cartels, and feral feds, might then decide to move on to easier targets.

 …click on the above link to read the rest of the article…

Changes are Coming in 2020

Changes are Coming in 2020 

QUESTION:  I have a question, you wrote :

“Those in Europe who have a position in cash, it may be better to have shares or a private sector bond or US Treasury. Given the policy in Europe of no bailouts, leaving cash sitting in your account could expose you to risk in the months ahead.”

For example, if one has a trading account with a bank, is leaving cash in the bank’s trading account immune to potential seizure indicated in your comment?

Appreciate your clarification,

AP

ANSWER: The risk in Europe is that there is no true rule of law. On the one hand, there is this policy of no bailouts for that would mean money could cross borders. Then there is the rising socialism which is turning into real hatred of the rich.

There is no definitive answer. Europe will do whatever it has to do when the time comes shy of doing the right thing. I have written before when Italy could not meet its debts on short-term paper, they simply decreed that your 90-day paper was now a 10-year paper.

Governments can do whatever they desire. We have no recourse against governments. No private company could act in such a manner. This is one primary reason why I believe governments should be prohibited from borrowing. People are fools for buying their paper and always expecting that this time will be different.

An Examination Of The Leftist Cult And Their Religion

An Examination Of The Leftist Cult And Their Religion

There is a common misconception among newer activists in the liberty movement that the idea of the “false left/right paradigm” means that there is no political spectrum; that the entire notion of left vs right is a fabrication. This is not exactly the case. When we talk about false paradigms in regards to politics (or geopolitics), what we are actually referring to is the elitist class, otherwise known as globalists, and the fact that they have no left or right political orientation. They do not care about Democrats or Republicans, they have no loyalty to either party. Their loyalty is to their own agenda, and they will exploit BOTH sides to get what they want whenever possible.

Beyond the globalists, average people do indeed fall on a political spectrum that could be broken down and simplified to a set of basic ideals or ideologies. On the left side of the spectrum we find the collectivists and socialists, who believe that society (the group) is vastly more important than the individual and that the actions of individuals must be strictly monitored and governed to prevent negative effects on the group.

The core argument of the leftists is: “We are all a part of society and must act in harmony with society so that the system continues to function. The needs of the many outweigh the needs of the few…”

On the right side of the spectrum we find the individualists, sovereignty activists and true conservatives. People who, in varying degrees, believe that society should be restricted from dictating the life of the individual and that group participation should be voluntary. Where leftists seek to centralize, people on the right seek to decentralize.

 …click on the above link to read the rest of the article…

Socialism Rises Due To The Great American Economic Growth Myth

Socialism Rises Due To The Great American Economic Growth Myth

There is little denying the rise of “socialistic” ideas in the U.S. today. You can try and cover the stench by calling it “social democracy” but in the end, it’s still socialism.

Since 1775, millions of Americans have given their lives in defense of the American “idea.” The tyranny and oppression which arise from communism, socialism, and dictatorships have been a threat worthy of such sacrifice. I am sure those patriots who died to ensure the “American way of life” would be disheartened by the willingness of the up and coming generations adopt such ideals.

But such shouldn’t be a surprise. It is the cycle of all economic civilizations over time as we “forget our history” and become doomed to repeat. it.

Scottish economist Alexander Tytler, who, in 1787, was reported to have commented on the then-new American Republic as follows:

“A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship.

The average age of the world’s greatest civilizations has been about 200 years. These nations always progressed through this sequence:

  • From Bondage to Moral Certitude;
  • from Moral Certitude to Great Courage;
  • from Great Courage to Liberty;
  • from Liberty to Abundance;
  • from Abundance to Selfishness;
  • from Selfishness to Complacency;
  • from Complacency to Apathy;
  • from Apathy to Dependency;
  • from Dependency to Bondage.”

 …click on the above link to read the rest of the article…

Freedom or Government Control — There Is No True “Third Way”

Freedom or Government Control — There Is No True “Third Way”

Every government intervention into the economy may not besocialism, but it is a step toward socialism.

Interventionists claim to advocate for a ‘third way’ of economic organization, one that preserves the productive nature of capitalism, while merely reining in some of its destructive excesses.

For instance, Sen. Elizabeth Warren last year described herself as a “capitalist to the bone,” even declaring “I believe in markets and the benefits they can produce when they work.”

However, she added the caveat that it is “markets with rules” that can create value and insisted “markets worked better” during the timeframe of 1935 to 1980 in large part due to “more aggressive regulation of markets.”

But is there a reasonable “third way”?

The defining difference between socialism and capitalism, as described by Ludwig von Mises in his 1950 essay “ Middle of the Road Policy Leads to Socialism,” is “the substitution of public control of the means of production for private control.”

More properly understood, socialism would eliminate the private ownership of the means of production by capitalists.

So efforts to impose “more aggressive regulation of markets” – which typically amount to more confiscatory taxes and stricter government regulations – may fall short of actual socialism, but erode the defining characteristic of capitalism, namely private ownership over the means of production.

It is important here to note that ownership implies the right to utilize, trade or otherwise dispose of property as the owner sees fit, as long as his actions don’t infringe on the rights of others.

Any restrictions on the owner’s use, therefore, represents an erosion of private property rights over the means of production, and a step in the direction of centralized, or public, control over those means.

 …click on the above link to read the rest of the article…

Civil War Would Erupt If “Green Deal” Socialists Actually Get What They Want

Civil War Would Erupt If “Green Deal” Socialists Actually Get What They Want

In the months preceding the 2016 presidential election, I predicted a Trump election win but tried to temper expectations with the reality that there were multiple scenarios exploitable by globalists which could turn the conservative elation into confusion and chaos. Just after the election, I published an article titled ‘Order Out Of Chaos: The Defeat Of The Left Comes With A Cost’. In that article I warned that the political Left, when confronted with failure, has displayed a habit of doubling or tripling down and becoming even more extreme in their rhetoric and policies. I also warned that this might influence the political Right to become more extreme in response.

This is the problem when attempting to explain the False Left/Right Paradigm to people who are new to the concept. Yes, at the top of the political pyramid, all the players support essentially the same policies of centralization and more power to the elites. But, at the bottom of the pyramid, there are numerous and legitimate divides among common citizens. The divides are real, not false, and it is these divides that the elites seek to exploit.

One divide that we are likely to hear much more about in the next two years is the divide between “old school” democrats and the new “green deal” socialists/communists. Another more vitriolic divide is the one between common sense conservatives and the “double down” socialist cult.

The narrative being constructed here is a fascinated but disturbing one. Consider the pattern on display:

 …click on the above link to read the rest of the article…

Blain: It Feels Like A Liquidity Storm Is Coming Soon

Blain: It Feels Like A Liquidity Storm Is Coming Soon

I note with some delight Bernie Sanders plans to stand for US President. One of my US chums sent me the story of the Half-a-Bernie sign propped up against a wall. Someone had cut it neatly in two and left the wooden handle affixed to the remaining half. Attached was a note: “Dear Bernie; you had a sign and I didn’t, so I took half. I’m sure you understand.” 

I did feel something of a market judder yesterday – just a moment where it felt like all the negativity was on the verge of swamping markets. Whether is the cumulative effect of US rate path expectations (Fed today), China Trade Wars, Trump vs Europe, (ECB tomorrow), Brexit, and all the rest.. or the UK mid-term holidays, the whole market feels thin and rudderless.

At least Wal-Mart surprised to the upside! One of my top stock technical commentators is my old buddy Steve Previs of Mint who calls it “complacent.” That’s never a good thing. His charts are telling him to look for a “corrective C wave” but for now he’s patient as “FOMO” (Fear of Missing Out) continues to drive the current trend.

I am fortunate enough to work with some very bright folk here at Shard. Yesterday we were shooting the breeze on the current market uncertainties, threats and fears. We came to the conclusion we’ll know the moment we hit the Reefs of Crisis when we hear the crashing wail of market liquidity vanishing. What’s that sound – it’s the Macro Liquidity Storm! Coming to a market near you. Maybe Very Soon!

 …click on the above link to read the rest of the article…

Revolution – Why it is Always Inevitable?

Revolution – Why it is Always Inevitable? 

COMMENT: Mr. Armstrong, I just went to see Les Miserables with my wife. I was really moved for it was indeed how history repeats. It just seems we always end up in the same position because government never changes.

PB

ANSWER: Unfortunately, socialistic governments pretend that they are taking your money for your own benefit. The excuses are endless. Nevertheless, they constantly oppress the people by taking an ever increasing portion of their net disposable income, crushing them into the dust. The motives seem to change, but the end is always the same. This is why the Founding Fathers forbid direct taxation. That was such a critical deterrent to prevent revolution. The governments followed Marx at the beginning of the 20th century, and then convinced themselves that they were doing it to care for the people. In the process, they paid themselves pensions that no one else could possibly attain. Forbidding direct taxation was the only possible way to prevent the recurrence of revolution.

We Don’t Need A New Deal: We Need A Whole New Deck

We Don’t Need A New Deal: We Need A Whole New Deck

The gap between the earth’s wardens of wealth and the nearly eight billion humans under their control has grown wider and more dangerous but is beginning to be understood by some as a systemic problem and not simply a matter of evil leaders and villainous followers. When people see and feel their futures ranging from problematic at best to non-existent at worst, we get the resultant turmoil and changes taking place in nations moving in many directions at once but all of them against established power over things as they are.

Whether votes are cast in elections labeled democratic though still under minority control, or issues are subject to mob rule of one extreme or another, they are producing governments at least rhetorically dedicated to change even if often dangerously confused or in merely cosmetic form. Nevertheless, those demanding change beyond simply continuing the rule of market forces under minority control are starting to move up and into more commanding roles in governments. Unfortunately, and especially in America, many still operate as though political change amounts to the candidates skin tone, religion or sex, neglecting the philosophy between their ears by concentrating more on the genitals between their thighs.

Thus we have working people going to the polls and electing representatives of wealth operating against their interest but rhetorically speaking of change, which may mean reverting to earlier forms of capital private profit which still leave the public good in poor condition, or worse, sinking into megalomaniacal rule under populists (?) promising to dump even more wrath on those at or near the bottom.

 …click on the above link to read the rest of the article…

Top 5 Dumbest Arguments Defending Trump’s Venezuela Interventionism

Top 5 Dumbest Arguments Defending Trump’s Venezuela Interventionism

Ever since the Trump administration announced that it was no longer recognizing the legitimacy of the elected government of Venezuela I’ve been arguing with people on social media about this president’s brazen coup attempt in that country. The people arguing with me in favor of Trump’s interventionism are almost exclusively Trump supporters, with leftists and antiwar libertarians more or less on my side with this issue and rank-and-file centrists mostly preferring to sit this one out except to periodically mumble something about it being a distraction from the Mueller investigation.

I engage in these arguments not because I enjoy fighting with strangers on the internet, but because it helps me get an idea of what propaganda narratives have been seeded throughout various political sectors. Take a stand online and you’ll quickly have people running up to you saying, in effect, “My media echo chamber told me I’m supposed to disagree with you about that,” and spelling out what they’ve been told to believe.

I have not received a single robust argument in favor of Trump’s Venezuela interventionism, but I have received a whole lot of really, really stupid ones. Here are the top five most common and most astonishingly idiotic of them:

1. “Socialism is bad!”

Me: US interventionism is always disastrous and it always lies about its reasons for targeting South American and oil-rich nations.
Tsunami of Trump supporters: SOCIALISM IS BAD THO

This one is easily the most common and most stupid of all the arguments I’ve been receiving. I’m not familiar enough with pro-Trump punditry to be able to describe how the MAGA crowd got it into their heads that attacking Venezuela has something to do with fighting socialism, but it’s clear from my interactions over the last couple of days that that is the dominant narrative they’ve got swirling around in their collective consciousness.

 …click on the above link to read the rest of the article…

Olduvai IV: Courage
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Olduvai II: Exodus
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