The Yellow Vests Get it Right, by Robert Gore

Financial nuclear warheads.

The mainstream media has degenerated irreparably. Here’s a reliable rule of thumb: if it’s important it’s not covered; if it’s covered it’s not important. Stories in the American mainstream press about Yellow Vest protests have been few. One aspect of the protests, transcendently important, has received scant coverage.

The Yellow Vest protestors have called for a coordinated run on French banks. Whether they realize it or not, they’re playing with nuclear warheads that could annihilate not just the French, but Europe’s and the entire world’s financial system. Because inextricably linked to the ends of contemporary governments―how much they can screw up the lives of those who must live under them—is the question of means―how do they fund their misrule? The short answer is taxes and debt.

Since 1971, when President Nixon 
“temporarily” suspended international convertibility of dollars for gold (it’s never been reinstated), the monetary basis of the global economy has been fiat debt. Neither government or central bank debt nor currencies are tethered to any real constraint, like precious metals (see “Real Money,” SLL). Thus, politicians and monetary officials can create as much debt as they want: debt by fiat.

Government and central bank debt is at the apex of the global debt pyramid. The next tier is commercial banks that have accounts at central banks. Those accounts are bank assets and central bank liabilities, or debts. Central banks expand their fiat liabilities to banks in exchange for banks’ fiat government debt, an exchange called debt monetization, which is a bit of a misnomer since no “Real Money” is involved. The “monetization” is the central bank’s fiat expansion of banks’ accounts with the central bank in exchange for fiat government debt, which expands banks’ assets available for loans to governments, businesses, and individuals.

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Has It Been Years Since You Read A Novel You Cherish?

Has It Been Years Since You Read A Novel You Cherish?

Remember the first time you read a favorite novel? Taking it to bed for a chapter…and staying up all night! Wishing it would never end…but knowing before it did that you’d read it again and again. It became yours, a part of you. Wouldn’t you love to find another novel like that?

A great novel journeys to new lands, distant times, and unforgettable characters. The story grabs you on page one and never lets go, ever.

An Age of Giants

Almost every good, service, and technology you enjoy today had its roots in the Industrial Revolution. Long-haul railroads, telephones, electric lights, automobiles, airplanes, oil refining and mass production: a trove of exciting innovations…abundance and wealth the likes of which the world had never seen!

The era produced spellbinding stories, giant epics of larger-than-life men and women. You’ll have a front row seat! The Golden Pinnacle‘s Daniel Durand fights impossible odds and dangerous enemies on his journey from orphaned rags to Wall Street riches.

Endless Battles

Fresh from Civil War battles, Daniel must battle to win beautiful Eleanor’s hand. Her powerful father opposes both his marriage and business. In New York, the city that put the Gilded in the Gilded Age, Daniel builds a Wall Street empire. He finances industrial titans J.D. Rockefeller and J.J. Hill, and clashes with Theodore Roosevelt and J.P. Morgan.

A fascinating and engaging tale that weaves historical figures and events seamlessly into the life of Daniel Durand, an orphan and self-made man who throughout his life shows the strength of character and initiative to meet challenges head on with honesty and integrity.
bassplayer, Amazon reviewer

The Durand Family

Love compelling family sagas? Settle in with The Golden Pinnacle. One of Daniel’s most dangerous enemies is his own son! A ruthless dynasty uses him to uncover a secret that could send Daniel to the gallows. Eleanor’s steadfast belief in her son is his only chance of redemption…if it doesn’t destroy her marriage.

It will make you cheer, cringe and cry for characters you won’t soon forget.
Marshall Ellis, Amazon reviewer

Are You Tired of…

The same plots over and over again?
Stories that glorify human failings and depravity?
Authors who write by formula?
Boring, people-next-door characters?
Novels of no substance: intellectual bubblegum?

What Readers Say

Take it from regular readers, who thought so highly of The Golden Pinnacle they enthusiastically posted on Amazon.

I just finished the final chapter, and found myself moved to tears. This is a MUST READ for all who wonder what happened to the unflinching American spirit….
Let it inspire you as it did me.
VWPuck67

I could hardly put this book down much like when I read Atlas Shrugged by Ayn Rand. It draws you in, making you believe it was real and it may have been real. Completely enjoyed!
Ed Weaver

I recommend it to anyone who enjoys historical novels. Not many are written for this time period, which made it doubly enjoyable.
Joanne M. Robbins

I have recommended this to many friends and all have thanked me.
Edmund Hasenjager

If I could give this book a 1000 star rating, I would. This is one of those books that clearly gets inside your mind and your soul…I found myself reading this book as slowly as I could just so it would last a bit longer. Can’t say I have ever done that before. My advice: when you decide to read this masterful piece of historical fiction, clear your schedule because you will not want to put this book down.
Curtis Dunne

Absolutely incredible.
Friedenmeister

Get Your Copy of this Great Novel Now!

You’ve been looking for something special. A novel you enjoy every page. One where you never forget the characters and their stories. You’ll cherish The Golden Pinnacle…forever.

Amazon Paperback

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He Said That? 1/20/19

From Oscar Wilde (1854–1900), Irish poet and playwright, The Soul of Man Under Socialism, and Selected Critical Prose (1891):

The public have an insatiable curiosity to know everything, except what is worth knowing

MSM Begs For Trust After Buzzfeed Debacle, by Caitlin Johnstone

Out and out fabrications from the mainstream media are old news. Caitlin Johnstone dissects the latest. From Johnstone at medium.com:

Following what the Washington Post has described as “the highest-profile misstep yet for a news organization during a period of heightened and intense scrutiny of the press,” mass media representatives are now flailing desperately for an argument as to why people should continue to place their trust in mainstream news outlets.

On Thursday Buzzfeed News delivered the latest “bombshell” Russiagate report to fizzle within 24 hours of its publication, a pattern that is now so consistent that I’ve personally made a practice of declining to comment on such stories until a day or two after their release. “BOOM!” tweets were issued by #Resistance pundits on Twitter, “If true this means X, Y and Z” bloviations were made on mass media punditry panels, and for about 20 hours Russiagaters everywhere were riding the high of their lives, giddy with the news that President Trump had committed an impeachable felony by ordering Michael Cohen to lie to Congress about a proposed Trump office tower in Moscow, a proposal which died within weeks and the Kremlin never touched.

There was reason enough already for any reasonable person to refrain from frenzied celebration, including the fact that the story’s two authors, Jason Leopold and Anthony Cormier, were giving the press two very different accounts of the information they’d based it on, with Cormier telling CNN that he had not personally seen the evidence underlying his report and Leopold telling MSNBC that he had. Both Leopold and Cormier, for the record, have already previously suffered a Russiagate faceplant with the clickbait viral story that Russia had financed the 2016 election, burying the fact that it was a Russian election.

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The “Revenue Opportunity” Behind the Wheel, by Eric Peters

When you buy a new car, you become both a revenue and a surveillance opportunity. From Eric Peters at theburningplatform.com:

There is a saying that goes, if you’re not paying for the product, you are the product. But what if you’re paying for it – and you’re still the product?

Welcome to your next new car – previewed at the Consumer Electronics Show in Vegas earlier this month – in which you’ll be surrounded by new technology designed to “monetize” everything from your musical preferences (it knows which stations you like) to where you like to go (it keeps track of where and when) and what you like to eat.

Perhaps even what you look at as you drive.

The cameras so many new cars come with already will soon be pointed at you. You’ll be surrounded sensors, too – in the seats, in the dash – anywhere they can be put where dataabout you can be mined.

That data used to construct a pastiche of your inclinations, which will then be sold to a company interested in trying to sell you something based on that knowledge of your inclinations.

And the insurance mafia is interested as well. Have you been buckling up? Accelerating – or braking – “aggressively”? It’s no longer just between the two of you – you and your car.

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Curious Bedfellows: The Neocon and Progressive Alliance to Destroy Donald Trump, by Philip Giraldi

The neocons and progressives have found common cause: screwing up other countries and getting rid of Donald Trump. From Philip Giraldi at off-guardian.org:

The Roman poet Ovid’s masterful epic The Metamorphoses includes the memorable opening line regarding the poem’s central theme of transformation. He wrote In nova fert animus mutatas dicere formas corpora, which has been translated as “Of shapes transformed to bodies strange, I purpose to entreat…”

Ovid framed his narrative around gods, heroes and quasi-historical events but if he were around today, he would no doubt be fascinated by the many transformations of the group that has defined itself as neoconservative. The movement began in a cafeteria in City College of New York in the 1930s, where a group of radical Jewish students would meet to discuss politics and developments in Europe. Many of the founders were from the far left, communists of the Trotskyite persuasion, which meant that they believed in permanent global revolution led by a vanguard party. The transformation into conservatives of a neo-persuasion took place when they were reportedly “mugged by reality” into accepting that the standard leftist formulae were not working to transform the world rapidly enough. As liberal hawks, they then hitched their wagon to the power of the United States to bring about transformation by force if necessary and began to infiltrate institutions like the Pentagon to give themselves the tools to achieve their objectives, which included promotion of regime change wars, full spectrum global dominance and unconditional support for Israel.

The neocons initially found a home with Democratic Senator Henry “Scoop” Jackson, but they moved on in the 1970s and 1980s to prosper under Ronald Reagan as well as under Democrat Bill Clinton. Their ability to shape policy peaked under George W. Bush, when they virtually ran the Pentagon and were heavily represented in both the national security apparatus and in the White House. They became adept at selling their mantra of “strong national defense” to whomever was buying, including to President Obama, even while simultaneously complaining about his administration’s “weakness.”

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Decentralization Is the Solution to the Government Shutdown, by Ryan McMaken

Ryan McMaken is correct as far as he goes: decentralization in government would be a wonderful thing. Not much analysis, though, on why centralization occurs (hint: it’s in somebody interest for it to occur), or how decentralization can happen. From McMaken at mises.org:

The partial shutdown with the federal government has helped, perhaps more than any other recent political event, to illustrate some of the biggest problems that come with centralizing an ever-larger number of government activities within a single, centralized institution.

Were the US government more decentralized, we’d not now be facing a nationwide systemic failure that has continues to cripple the private sector in many ways.

Held Hostage by a Shuttered Regulatory State

The federalization of resources and regulatory power over the past century has created a situation in which numerous industries depend on licensing and regulatory approval from federal regulators to function. And yet, thanks to the shutdown, these industries can do little when facing a federal government that imposes mandates, but won’t provide the agency “services” necessary to allow agencies to function under those mandates.

For example, As The Washington Post has reported , those areas where the federal government has a large regulatory footprint — such as Alaska — are at the mercy of politicians thousands of miles away.

Most (61 percent) of Alaska is government land managed by five different federal agencies, according to the congressional Research Service. The state’s main industries, including fishing, tourism and oil and gas, all depend on the day-to-day actions of federal workers and regulators.

The fisheries have so far avoided major disruption, despite a few close calls. Most boats are still getting by on licenses and inspections which occurred before the shutdown.

But time is running out. Major commercial boats are required to carry onboard observers to monitor their catch. But when they return from a trip, those observers must be debriefed by the National Marine Fisheries Service — and it’s not holding debriefings during the shutdown.

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Hypersonic Weapons Unlikely To Become A Bargaining Chip, by Vladimir Kozin

Why would the Russians and Chinese throw away their advantage? From Vladimir Kozin at orientalreview.org:

There is a marked unease in US military and defence industry circles regarding advances in high-precision hypersonic weapons that they believe are being actively developed in Russia and the People’s Republic of China.

The debates at various US forums in the second half of the 20th century and the beginning of this one, as well as expert publications on the subject, show that Washington sees the situation as a serious threat both to itself and to its NATO allies.

In November 2018, the weekly magazine Jane’s Defence Weekly published a detailed and alarmist article entitled “Strategic Impact” about the six new types of Russian strike weapons that Russian president Vladimir Putin announced in his address to the Federal Assembly in March of the same year.

In December 2018, it was expressly stated in the US Government Accountability Office that the United States lacks the defences needed to protect itself against Russian and Chinese hypersonic weapons.

In an article published in early January 2019 in the online edition of The Hill, retired Major General Howard Thompson, a former chief of staff for the US Northern Command, talks about “fourth dimension” weapons, which he believes have already been mastered by Russia and China. He also notes with concern that both countries have long been developing such weapons. By way of example, he referred to the recent flight test of a Russian hypersonic glide vehicle known as the Avangard, which official reports say reached 27 times the speed of sound. This means that the object was moving at a speed of over 30,000 km/hour.

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