Category Archives: Collapse

A Handy January 6 Fact Sheet, by Julie Kelly

The facts certainly don’t support the “insurrection” story. From Julie Kelly at amgreatness.com:

In another example of Washington’s inexorable slide into banana republic territory, Senate Majority Leader Charles Schumer (D-N.Y.) took to the floor of the U.S. Senate on Tuesday to call for the removal of an American journalist. 

“I don’t think I’ve ever seen an anchor treat the American people, and American democracy, with such disdain,” Schumer said during his seven-minute authoritarian tirade. “And he’s going to come back tonight with another segment. Fox News should tell him not to. Fox News, Rupert Murdoch—tell Mr. Carlson not to run a second segment of lies. You know it’s a lie.”

Schumer later reiterated his demand to a group of journalists who, rather than denounce one of the most powerful government officials in the country attempting to silence an influential member of the media, dutifully reported Schumer’s bleating without question.

Republican senators including Senate Minority Leader Mitch McConnell (R-Ky.) and Senator Mitt Romney (R-Utah) joined the fray, echoing Schumer’s faux concerns over “national security.”

Clearly, it’s panic time. The White House, Congress, and the Democratic Party propaganda arm that is the corporate media realize their carefully engineered narrative about January 6 is imploding in real time. Which is why they’re accusing Carlson of “whitewashing” and “rewriting” the events of January 6. Anything less than total fealty to regime-approved talking points about what happened before and after that day now is considered a “threat to democracy.”

But facts are facts. And no amount of pearl-clutching by the hags on “The View” or threats made by U.S. senators can alter the reality of January 6. Between video recordings, witness testimony, court filings, and news reporting, the undeniable truth about January 6 cannot be willfully wished away even by the most skilled spinmeisters.

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New WHO Amendments Creating A Global Regime In The Name Of Health, by Dr. Sean Lin and Jacky Guan

After the stunning failures of the global Covid regime, it only makes sense to make WHO the powers of a global medical dictatorship. from Dr. Sean Lin and Jacky Guan at The Epoch Times via zerohedge.com:

Since its establishment, the World Health Organization (WHO) has assumed the role of an advisory entity in the international health domain. Since 2005, the WHO established International Health Regulations (IHR) as the main compliance tool to ensure that public health emergencies would be handled swiftly. The COVID pandemic perfectly illustrates how powerful the WHO already is.

However, a new set of amendments (pdf) proposed by state members of the WHO was published at the end of 2022, seeking to enhance the WHO’s power under the guise of the IHR. This, in addition to a newly proposed Intergovernmental Negotiating Body (INB) (pdf) and the addition of a pandemic prevention, preparedness, and response (WHO CA+) clause (pdf) in the INB, raises several red flags on the paradigm shift the WHO is undertaking, from playing the role of an international health advisory body to becoming a global regime acting in the name of health.

From Patient-Doctor Relationship to Powerful Health Conglomerate

Throughout history, people have relied on connections with friends, family, and neighbors to maintain a healthy social life. This is important not only for wellness but also for building the trust upon which the foundation of relationships lies. Just as it is vital in relationships with family and friends, in regard to health, trust is vital in patient-doctor relationships.

Doctors across many countries and diverse regions have a plethora of different methods to treat something as simple as a cold. Some may give you a flu shot, some may prescribe you some minor medication, and some might even tell you to drink hot soup and get lots of rest. There may also be an unfamiliar remedy from Latin America or Southeast Asia that works just as well as something you could pick up in a U.S. pharmacy. This is all to say that well-trained doctors know what they’re doing given the methods available to them.

The one-on-one patient-doctor relationship has traditionally been the tried-and-true way to establish a health system in any society. Even under evidence-based medicine, advice from the U.S. Centers for Disease Control and Prevention (CDC), U.S. Food and Drug Administration (FDA), or other health agencies serves as nonbinding recommendations to doctors that give them the right to make their own decisions based on their knowledge of the patient.

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Everything, All at Once, by James Howard Kunstler

If we haven’t reached peak absurdity, we’re pretty close. From James Howard Kunstler at kunstler.com:

“There’s a lot of stupidity in public discourse, and most of it is not worth paying attention to. But once in a while, there is a kind of stupidity that is so grotesque that its very existence to any substantive degree tells us something about our culture.” — Richard Hanania

  Time, they say, is nature’s way of making sure that everything doesn’t happen at once. Whoever “they” are — and these days it is liable to be just one person — obviously hadn’t tried living in the USA in 2023, because now everything is happening at once. The cosmic weirdness has left some observers, such as the formidable and admirable Naomi Wolf, to wonder if we are under the sway of something supernatural, and not a good something.

     The old movie Poltergeist comes to mind. Remember? Every evil entity in the pop culture universe came spewing out of a TV all at once, to disorder a perfectly banal and serene suburban neighborhood, representing all of us, of course. These days, when I drive to the supermarket to behold the astounding price of tomatoes, I half-expect to see a giant projection of Joy Reid, piggyback on a hoofed-and-horned Klaus Schwab, ride across the sickening red twilight sky, her shrieks making the leafless trees cringe and the asphalt crack. The shadow-side of everything in American history and posterity is loose upon the land, and our country has finally come to look exactly like Dylan’s Desolation Row: They’re selling postcards of the hanging, and painting the passports brown, all right. The beauty parlor’s filled with sailors, the circus is in town.

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Game Over: FDIC Shutters Silicon Valley Bank, Appoints Receiver, by Tyler Durden

Some of the gruesome details of the Silicon Valley Bank collapse. Stay tuned for further details. Zero Hedge will have the best running account of the situation. From Tyler Durden at zerohedge.com:

Update (1135ET):  Game over for Silicon Valley bank.

  • *FDIC: SVB BANK CLOSED BY CALIFORNIA REGULATOR
  • *FDIC: SVB BANK IS FIRST INSURED INSTITUTION TO FAIL THIS YEAR
  • *FDIC CREATES A DEPOSIT INSURANCE NATIONAL BANK OF SANTA CLARA
  • *FDIC: NAMED FEDERAL DEPOSIT INSURANCE FDIC AS RECEIVER
  • *FDIC CREATES A DEPOSIT INSURANCE NATIONAL BANK OF SANTA CLARA
  • *SILICON VALLEY BANK INSURED DEPOSITORS TO HAVE ACCESS MONDAY

As we noted before, while the FDIC noted that SVIB had $175BN in deposits as of Dec 31, note that some $151.5BN of these are uninsured, which means they get exactly zero although a sizable number of them likely pulled their deposits in the past few days.

And just like that SVB is no more: a historic collapse which in many ways was faster than Lehman, and which has seen SIVB stock plunge from $763 to 0 in 16 months.

Full FDIC statement below:

Silicon Valley Bank, Santa Clara, California, was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect insured depositors, the FDIC created the Deposit Insurance National Bank of Santa Clara (DINB). At the time of closing, the FDIC as receiver immediately transferred to the DINB all insured deposits of Silicon Valley Bank.

All insured depositors will have full access to their insured deposits no later than Monday morning, March 13, 2023. The FDIC will pay uninsured depositors an advance dividend within the next week. Uninsured depositors will receive a receivership certificate for the remaining amount of their uninsured funds. As the FDIC sells the assets of Silicon Valley Bank, future dividend payments may be made to uninsured depositors.

Silicon Valley Bank had 17 branches in California and Massachusetts. The main office and all branches of Silicon Valley Bank will reopen on Monday, March 13, 2023. The DINB will maintain Silicon Valley Bank’s normal business hours. Banking activities will resume no later than Monday, March 13, including on-line banking and other services. Silicon Valley Bank’s official checks will continue to clear. Under the Federal Deposit Insurance Act, the FDIC may create a DINB to ensure that customers have continued access to their insured funds.

As of December 31, 2022, Silicon Valley Bank had approximately $209.0 billion in total assets and about $175.4 billion in total deposits. At the time of closing, the amount of deposits in excess of the insurance limits was undetermined. The amount of uninsured deposits will be determined once the FDIC obtains additional information from the bank and customers.

Customers with accounts in excess of $250,000 should contact the FDIC toll-free at 1-866-799-0959.

The FDIC as receiver will retain all the assets from Silicon Valley Bank for later disposition. Loan customers should continue to make their payments as usual.

Silicon Valley Bank is the first FDIC-insured institution to fail this year. The last FDIC-insured institution to close was Almena State Bank, Almena, Kansas, on October 23, 2020.

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The Brain Standard, Part Two, by Robert Gore

Three steps forward, two steps back; so humanity advances.

Part One

Ideas are the foundation of the brain standard, one of which is that only individuals have rights. This cuts through the collectivist dreck that passes for thought among most of the world’s so-called intellectuals. The variations of collectivism all disguise nothing more than brute force hiding behind propaganda. Their inevitable failures stem from their essential flaw: those that control the collective claim rights that negate those of the individual.

There are grounds for hope. From the ruins of impending collapse there will be some who reject collectivism and are committed to rebuilding on a foundation of individual rights. How they will protect those rights and whatever territories they stake out are what theoretical physicists sometimes call “engineering problems.” One advantage they’ll have, though, as the brain standard constituency—they’ll be smarter than their adversaries. Attention, imagination, and intelligence will be keenly focused on building from the ruins and protecting what they’ve built.

Here’s a thought experiment. Imagine someone invents a cheap, portable device that defends its bearer and his or her property from all violence from all sources, but has no offensive capability. The device is so cheap that virtually everyone can buy it, and charities are set up to donate it to those who can’t. The device is universally available and creates a world without violence.

How would such a world function? People would have to produce to survive, but absent mutual agreement no one would have an enforceable claim on anyone else’s production. There would be no coercive transfers of money or property. Disputes would be settled by negotiation and mediation. A body of civil law similar to English common law would develop. Surely such a society would figure out a way to deal with nonviolent crime.

The negation of violence would eliminate government’s nominal rationale: protecting citizens from violence. In the absence of government (and its violence), individuals and society as a whole would be free to advance as far as their capabilities will take them.

This extreme hypothetical offers a stark contrast with the absence of anything resembling freedom anywhere in the world today. Government and collectivism are top-down codependents based on violence and coercion. Their current manifestations are replaying the dreary and what should be the common knowledge lesson of history: they inevitably fail, often after a great deal of bloodshed.

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In the current jockeying among collectivist governments for the things over which they jockey, Russia’s and China’s are doing a better job than the U.S.’s. The former are the co-leaders of the Eurasian alliance and represent substantial politic and economic power. The latter is bankrupt, embroiled in yet another war it won’t win, and stands accused of sabotaging its most important European ally’s oil pipelines. At home, the U.S. government and its fellow travelers are in thrall to brain-dead ideologies that hasten the country’s disintegration.

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What Have We Learned? By Visayas Outpost

In an increasingly complex world, adopt the contrarian strategy. Simplify! From Visayas Outpost at theburningplatform.com:

“There are a thousand hacking at the branches of evil

to one who is striking at the root.”

-Henry David Thoreau

That is an aerial view of the chemical fire in Palestine, Ohio, looking for all the world like a bruise on the Earth.  As the story is still unfolding, and seems to be competing with “Unidentified Aerial Phenomena” as the distraction du-jour, let me doff my hat to the man who surely ignited all this media firestorm:  Mr. Seymour Hersh.  By now you have undoubtedly read his work on the Nordstream pipeline sabotage, a story which itself still has more pages to be turned.

Nordstream should not come as a shock to anyone paying attention.  Between Cognitive Warfare and the downright evil machinations of the Borg, we need distraction events to round out the narrative intake.  It keeps us from noticing the real stories, like the US attacking its own NATO allies, or Pfizer producing vaccines they knew had a 44% miscarriage rate in women.  You know, the actual stories that you mustn’t focus on lest civilization itself be undermined.  So balloons, funny clouds, earthquakes, anything will do.  Literally just 20 minutes ago Mrs. Outpost sent me a link about a fireball streaking through the Texas sky.  Yes, Facebook will be all abuzz, so congratulations to the ever-vigilant netizens who like to poke this giant beehive.  Take a lunch break, take a deep breath.  Enjoy a smoke.

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California Dreaming—State Metaphor for a Failing Nation, by Matthew Piepenburg

As California goes, so goes the nation? From Matthew Piepenburg at goldswitzerland.com:

Below we consider the State of California as the metaphor of a failed state as well as the failing state of the American Union, which is anything but a dream.

Metaphors

For those already familiar with my articles, interviews or even daily banter, I have an admitted affinity for metaphors and analogies, as they help draw the simple from the complex.

Toward that end, I’ve 1) compared policy makers to failed generals, 2) debt and currency bubbles to Titanics, 3) macro investing to polo matches, 4) monetary policy to drug addiction and 5) the love of bloated bond markets to toxic romances.

As for politicians and political issues, there is always the risk of partisan bias and offending those who cling to only one perspective.

Fortunately, my take on the left or the right of current politics is fairly agnostic, as I view nearly all politicos as crooked as a dog’s hind leg.

Thus, as I turn my lens toward the state of California and its failed governor, I hope readers of the left or right can dispense with politics and just stick to math so that we can all get past the swamp of red vs. blue opinions and respect the objective facts of red vs. black balance sheets.

And when it comes to the State of California, she’s deeply in the red, and serves, ironically, as yet another broader yet applicable metaphor of the world economy in general and the United States in particular.

So, let’s dig in.

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Why Bakhmut Is Falling, by Moon of Alabama

The Russians have more of everything and Bakhmut will soon fall. From Moon of Alabama at moonofalabama.org:

Just two days ago I reported that Bakhmut is falling. The Ukrainian soldiers there are outgunned 1 to 10 and die under artillery fire with little chance to shot back. More reports from the front have since come in. They support my dire view.

The German pro-Ukrainian news outlet Bild reported this morning that there were misgivings in the Ukrainian war leadership:

President Volodymyr Zelensky and Commander-in-Chief of Ukraine’s Armed Forces Valerii Zaluzhnyi have conflicting views on how the military should handle the situation in Bakhmut, according to unnamed sources within the Ukrainian political leadership cited in a report by Bild. 

Bild writes that Zaluzhnyi was deliberating a tactical withdrawal from Bakhmut weeks ago over concern for the wellbeing of his troops.

The Ukrainian government told Bild that remaining in Bakhmut was the right decision due to the serious damage it inflicted on Russian military personnel and equipment. However, according to other sources cited by the publication, the situation is at risk of becoming untenable.

“The vast majority of soldiers in Bakhmut do not understand why the city is being held,” a Ukrainian military analyst told Bild on condition of anonymity.

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Doug Casey on the Rise of “Climate Brats” and Other Useful Idiots

The useful idiots are destroying their own futures. From Doug Casey at internationalman.com:

Climate activists

International Man: Webster’s Dictionary defines a useful idiot as a “naive or credulous person who can be manipulated or exploited to advance a cause or political agenda.”

Lenin is thought to have originated the phrase when referring to communist sympathizers in the West.

What is your take on this term? Is it still applicable today?

Doug Casey: Today’s make-believe democracies are overflowing with useful idiots. They latch on to one lame-brained notion after another, perhaps to give meaning to their confused and pointless lives. They’re a bit like cats chasing the red dot from their master’s laser pointer. The Ukraine, Covid, sex perversions, Trump, racism, climate change—it’s one thing after another.

Climate change is one of the central scams being promoted by the World Economic Forum as part of their Great Reset. It seems everything that comes out of the WEF—I can’t think of any exceptions — is antithetical to the traditional values of Western Civilization, prominently including free markets and personal liberty.

We’ve discussed the COVID hysteria and what looks like World War III starting in the Ukraine. But the biggest thing, with the longest legs, is climate change. Full disclosure: I believe in climate change. The climate has been changing constantly since the world came together about four and a half billion years ago. And it’ll continue to change.

The problem, however, isn’t climate change itself but the process of indoctrinating the public, especially young people, with the belief that humanity is destroying Mother Earth.

They’re given snippets of science, like the fact that the world has been generally warming since the mid-19th century. Well, sure, it has because the planet went through what’s known as the Little Ice Age from the 16th through the 19th centuries. It has cyclically been warming for the last 150 years. As a matter of fact, the world has been warming since the end of the last Great Ice Age, about 12,000 years ago.

The “global warming” people have found a great excuse for changing not just the economy but the way literally everything works. My view is that they’re basically anti-human—they actually hate and fear people. It’s why Yuval Noah Harari, the mincing court intellectual of the WEF, often refers to them as “useless eaters.” He may be right. But what’s insane is that someone like him could gain the power to make serious decisions.

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Life Among the Ruins, by Victor Davis Hanson

The deterioration of America is accelerating. From Victor Davis Hanson at amgreatness.com:

The few sowed the wind, and the many reaped their whirlwind.

American society is facing three existential crises not unlike those that overcame the late Roman, and a millennium later, terminal Byzantine, empires.

Premodern Barbarism

We are suffering an epidemic of premodern barbarism. The signs unfortunately appear everywhere. Over half a million homeless people crowd our big-city downtowns.

Most know the result of such Medieval street living is unhealthy, violent, and lethal for all concerned. Yet no one knows—or even seems to worry about—how to stop it.

So public defecation, urination, fornication, and injection continue unabated. Progressive urban pedestrians pass by holding their noses, averting their gazes, and accelerating the pace of their walking. The greenest generation in history allows its sidewalks to become pre-civilizational sewers. In a very brief time, we all but have destroyed the downtowns of our major cities—which will increasingly become vacant in a manner like the 6th-century A.D. Roman forum.

All accept that defunding the police, no-cash bail, Soros-funded district attorneys, and radical changes in jurisprudence have destroyed deterrence. The only dividend is the unleashing of a criminal class to smash-and-grab, carjack, steal, burglarize, execute, and assault—with de facto immunity. Instead we are sometimes lectured that looting is not a crime, but lengthy incarceration is criminally immoral.

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