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March of Folly: Fall of American Empire

MARCH OF FOLLY: FALL OF AMERICAN EMPIRE

“Folly is a child of power.” ― Barbara W. Tuchman, The March of Folly: From Troy to Vietnam

“A phenomenon noticeable throughout history regardless of place or period is the pursuit by governments of policies contrary to their own interests. Mankind, it seems, makes a poorer performance of government than of almost any other human activity. In this sphere, wisdom, which may be defined as the exercise of judgment acting on experience, common sense, and available information, is less operative and more frustrated than it should be. Why do holders of high office so often act contrary to the way reason points and enlightened self-interest suggests? Why does intelligent mental process seem so often not to function?” ― Barbara W. Tuchman, The March of Folly: From Troy to Vietnam

The term “folly” is particularly apt at this stage in the decline of the great American empire. Folly is defined as: criminally or tragically foolish actions or conduct; an excessively costly or unprofitable undertaking. If ever a word captured the actions of American political leaders in the 21st Century and reflect the tragic downfall of an empire borne out of the ashes of the Second World War, it is the term “folly”.

For the last two decades I’ve been befuddled by the inane foolishness of our leaders, as they have driven the nation into a bottomless pit of debt at an astoundingly ridiculous pace, initiated military conflict across the globe, and in the last three years initiated anti-human policies guaranteed to destroy our economic system, depopulate the planet, increase human suffering, and turn the world into a techno-gulag where we will own nothing, eat bugs, and bow down to the commands of globalist overlords.

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Fedpocalypse Now?

Fedpocalypse Now?

“Here’s another fine mess you’ve gotten me into….”

— Oliver Hardy

If ever such a thing was, the stage is set this Monday and Tuesday for a rush to the exits in financial markets as the world prepares for the US central bank to take one baby step out of the corner it’s in. Everybody can see Janet Yellen standing naked in that corner — more like a box canyon — and it’s not a pretty sight. Despite her well-broadcasted insistence that the economic skies are blue, storm clouds scud through every realm and quarter. Equities barfed nearly four percent just last week, credit is crumbling (nobody wants to lend), junk bonds are tanking (as defaults loom), currencies all around the world are crashing, hedge funds can’t give investors their money back, “liquidity” is AWOL (no buyers for janky securities), commodities are in freefall, oil is going so deep into the sub-basement of value that the industry may never recover, international trade is evaporating, the president is doing everything possible in Syria to start World War Three, and the monster called globalism is lying in its coffin with a stake pointed over its heart.

Folks who didn’t go to cash a month ago must be hyperventilating today.

But the mundane truth probably is that events have finally caught up with the structural distortions of a financial world running on illusion. To everything there is a season, turn, turn, turn, and economic winter is finally upon us. All the world ‘round, people borrowed too much to buy stuff and now they’re all borrowed out and stuffed up. Welcome to the successor to the global economy: the yard sale economy, with all the previously-bought stuff going back into circulation on its way to the dump.

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

The Syrian Proxy War: A World War III-esque Summary

The Syrian Proxy War: A World War III-esque Summary

Even before any major world powers were willing to go public (so to speak) with their involvement in Syria’s five-year, bloody civil war, it was difficult to keep track of the myriad rebel factions, militant groups, and jihadists battling the Assad regime for control of the country.

In a testament to just how confusing (not to mention terrifying) the situation had become by the time Iran began to mull asking the Russians for help, in April, 18,000 civilians ended up trapped in the Yarmouk refugee camp near Damascus where al-Nusra, ISIS, Hamas, the FSA, and the Assad regime were all fighting each other simultaneously in what UN Secretary General Ban ki-Moon called “the worst circle of hell.”

At that juncture, the conflict was still largely a true proxy war. That is, sure there were probably some US Spec Ops running around with the Kurds and perhaps with the FSA and there were almost undoubtedly a handful of Iranian commanders shuttling back and forth between Damascus and Tehran while coordinating with Hezbollah, but the war didn’t look anything like it does now in terms of overt military action by multiple world powers.

After Quds commander Qassem Soleimaini visited the frontlines in Latakia in June, the general vowed to “surprise the world,” with Iran’s next move. Weeks later Soleimaini was in Moscow plotting a Russian intervention with The Kremlin. By the end of September, Russia had built an air base at Latakia and on September 30, a three star general strolled into the US Embassy in Baghdad and informed the Americans that Russian airstrikes in Syria “begin in 1 hour.”

The rest, as they say is history and as we reported earlier today, things just got more complicated as it now appears both Britain and Germany are set to enter the fray. All of this is made immeasurably more difficult to grasp when you consider that it’s nearly impossible to sort through which rebel groups are Saudi, Qatari, and Turkish proxies.

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Olduvai IV: Courage
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Olduvai II: Exodus
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