Saturday, May 27, 2017

The Federal Reserve Is Destroying America

Here are some observations from Chris Martenson:

The most compassion I can drum up for central bankers right now is to observe that they really do have an impossible job; and their training has been simply too narrow and dogmatic for them to detect the gaping, obvious flaws in their world views.  They never studied energy resource issues. Nor did they have to take any behavioral psychology classes that would have explained to them how deeply unfair economic practices are socially corrosive. Nor any history classes that would expose how such actions proved ruinous when they were applied in previous societies.

But here we are. The fact that the central bankers are either accidentally ignorant or purposely too lazy to explore the wider world of ideas is not one you can ignore any longer.  Real consequences are coming and there’s no ducking them.  We’re all in this big canoe of life together and the Fed and our political officials are exhorting us to paddle faster towards the roaring falls ahead.

You can read the rest @
https://www.peakprosperity.com/blog/109009/federal-reserve-destroying-america

I would argue that they are neither "accidentally ignorant or purposely too lazy". They know exactly what they are doing and what the consequences will be.

But they don't give a damn, because they think they personally will not be negatively affected by what they are doing.

And that suggests they are monsters.

Privatizing US Infrastructure ???

President Trump once again appears to be selling out We The People:

Throughout the presidential campaign, Donald Trump blasted his rival for taking money from Saudi Arabia, which, he regularly charged, has a horrific human rights record and was behind the attack on September 11.

“You talk about women and women’s rights? So these are people that push gays off buildings. These are people that kill women and treat women horribly. And yet you take their money,” he complained.

Trump, of course, has never been married to anything he has said in the past. But even by Trumpian standards, a recent series of deals he struck with Saudi Arabia stand out.

The two that made the news - a $110 billion arms deal and a $100 million gift to an Ivanka Trump-inspired endowment - are remarkable in their own right.

But the third, which was rolled out much more quietly, is no less stunning: The Saudi kingdom joined forces with a top outside adviser to Trump to build a $40 billion war chest to privatize U.S. infrastructure.

The vehicle would employ the same kind of public-private partnerships, known as P3s, the Trump administration has endorsed for its trillion dollar infrastructure plan. The deal hands over control of projects to rebuild American roads and bridges to the private sector and a foreign country.

You can read the rest @
https://theintercept.com/2017/05/27/trumps-america-first-infrastructure-plan-let-saudi-arabia-and-blackstone-take-care-of-it/

This is an EXTREMELY bad idea, similar to how the assets of the crumbling USSR were sold to the oligarchs for mere kopecks on the ruble.

Welcome to the market state, where everything is for sale ... and where you're only worth what you can bring on the open market.

Most Popular Books Of All Time

They all shared one thing. See below for what that is.


One of the important traits shared by every book on this list is the controversy that has swirled around each of them. This can be seen across different time periods and genres.

Source (go there for a more readable version of this list) - http://www.visualcapitalist.com/the-most-popular-books-in-history/

Are Pensions A Thing Of The Past ???

Public and private pensions are under attack around the globe. Here is a report which explores the magnitude of the problem:

Earlier this week we highlighted "Six Terrifying Graphs That Summarize America's Public Pension Crisis" which ranked state, county and city-level public pensions in the United States by which are screwed the most.  To summarize, the study concluded that public pensions in the U.S. alone are currently underfunded by nearly $4 trillion and that taxpayers in Illinois, California and New Jersey should probably be looking to move before getting drowned in their state's coming pension-induced tax hike tsunami.

Of course, as we've argued before, the current pension underfunding levels are sure to only get worse over the coming decades as the world will have to contend with a wave of retiring Baby Boomers and a period of lackluster, volatile returns.  So how bad could the global funding gap get?  Unfortunately, the World Economic Forum (WEF) recently set out to solve that impossible math equation and it turns out the answer is about $400 trillion ... give or take a couple trillion.


You can read the rest @
http://www.zerohedge.com/news/2017-05-26/global-pension-underfunding-will-grow-400-trillion-over-next-30-years-world-economic

Now, Mark Zuckerberg thinks that we can fight this problem somehow by embracing globalism and fighting nationalism. You can read about it here:

http://www.npr.org/sections/thetwo-way/2017/05/26/530159142/mark-zuckerberg-tells-harvard-graduates-to-embrace-globalism-a-sense-of-purpose

Dear Mark - Won't that mean that in future NO ONE will get a pension (other than rich bastards like you)?

For a lengthy critique of Zuckerberg's plans for humanity, go here:

https://www.forbes.com/sites/timworstall/2017/05/26/zuckerbergs-harvard-speech-shows-he-doesnt-quite-get-the-economics-of-jobs-and-automation/#76da63e81671

Or just consider my simplistic alternative - as long as we value things more than we value people, we're all just rats fighting over the same limited supply of cheese.

Zuckerberg and the other tech titans need to craft a system which does more than just enrich them with wealth surpassing that of Croesus. If they cannot achieve something which truly benefits We The People, then we should boycott them into poverty in a manner similar to what they are doing to us.

Or we could just starve in the dark while they live in splendor.

Federal Investigations Are BS

For the most part, federal investigations in the US are nothing but crap, especially when they appear to involve alleged crimes by members of the deep state. Here are a few examples:

  • JFK murder investigation
  • MLK murder investigation
  • RFK murder investigation
  • George Wallace shooting investigation
  • Vince Foster murder investigation
  • Branch Davidian (Waco) murder investigation
  • OKC bombing investigation
  • First WTC bombing investigation
  • Chandra Levy murder investigation
  • 9/11 "attacks" investigation
  • Anthrax attacks investigation
  • Boston Marathon bombing investigation

So why should we believe that the "official" Seth Rich murder investigation will ever determine what really happened to him?

Secret Channels To Russia

Trump and his son-in-law are under fire for seeking a secret communication channel to Russia. You can read about it here:

https://www.washingtonpost.com/world/national-security/russian-ambassador-told-moscow-that-kushner-wanted-secret-communications-channel-with-kremlin/2017/05/26/520a14b4-422d-11e7-9869-bac8b446820a_story.html

If you recall, JFK also sought and achieved such a secret channel, and prevented a nuclear war by doing so.

While I agree that Trump is no Jack Kennedy, it is ironic that both men who (at least initially) sought peace with Russia have been viciously attacked by the US military-industrial-banking-information complex (a.k.a. the deep state). One lost his life, and we still don't know the ultimate fate of the other.

This ain't no democracy. And the MSM is no "free press". So let's just cut the crap already, OK?