Category Archives: Cronyism

Waves Of Mutilation: Medical Tyranny And The Cashless Society, by Brandon Smith

The breadth of measures the police state is trying to sneak in during this not to be wasted crisis is far greater than prior “crises.” From Brandon Smith at alt-market.com:

Waves Of Mutilation: Medical Tyranny And The Cashless Society

Back in 2014 during the Ebola scare in the US I published an article warning about how a global pandemic could be used by the elites as cover for the implementation of an economic collapse as well as martial law measures in western nations. My immediate concern was the way in which a viral outbreak could be engineered or exploited as a rationale for a level of social control that the public would never accept under normal circumstances. And this could be ANY viral outbreak, not just Ebola. The point is the creation of an “invisible enemy” that the populace cannot quantify and defend itself against without constant government oversight.

I noted specifically how the government refused to apply air travel restrictions in 2014 to nations where the outbreak had taken hold when they could have stopped the spread in its tracks. This is something that was done again in 2020 as the UN’s WHO and governments including our government in the US refused to stop air travel from China, pretending as if it was not a hot zone and that the virus was nothing to worry about.

This attitude of nonchalance serves a purpose. The establishment NEEDS the pandemic to spread, because then they have a rationale for strict controls of pubic activities and movements. This is the end goal. They have no care whatsoever for public health or safety. The end game is to acquire power, not save lives.  In fact, they might prefer a higher death count in the beginning as this would motivate the public to beg for more restrictions in the name of security.

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April Fools: In the New Age of Deception, Coronavirus has Hastened the Old Collectivism, by Doug “Uncola” Lynn

The official reaction to the coronavirus outbreak from government and media is so insane it must be concealing a hidden agenda. From Doug “Uncola” Lynn at theburningplatform.com:

“…..but the plan insidiously advances.”

ordo ab chao

They are banned from churches and public spaces. They can’t hold hands to pray. LOL!

The Devil

At the very end of last year, I wrote a New Year’s piece entitled “America is Over But You Knew That Already”, whereby various “cracks and water in the nation’s foundation” were explored.  In that article, I said:  “winter is finally here” along with these words:

 Exactly how and when America’s foundational stones will shatter in the coming months is anyone’s guess, but do know this:  When Progressive Democrats, and an activist mainstream media, stage a third-world impeachment trial of a U.S. President while reverently citing the words of the nation’s long-dead founders who were, by their own definition, privileged white males and racist slave owners – the end is nigh.

In a later article, six reasons were explored as to why the COVID-19 virus failed “the sniff test” along with the coincidental timing that marked the rise of the virus:

[the first COVID-19 death outside of China] was one day before the Iowa Caucuses were held (2-3-2020) where the results were massaged to raise Mayor Pete over Bernie and bump Biden to the bare minimum viability.

It was also two days before the Diamond Princess cruise ship was quarantined in Japan … and three days before Trump was acquitted in the Senate.

The World Health Organization (WHO) declared the 2019-nCoV outbreak a global health emergency on January 30, 2020 when China’s death count was 213.  How did they know? Regardless, the next day, President Trump declared the outbreak a public health emergency and restricted travel from China even as the Director of the National Institute of Allergy and Infectious Diseases, Dr. Anthony Fauci, cited “8,000 deaths in the U.S. this season” from influenza.

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Day of Shame: US House Approves $2 Trillion Everything Bailout on a Voice Vote, by David Stockman

When historians look back, they may well pinpoint the $2 trillion bill and the Federal Reserve actions in response to the coronavirus outbreak as the inflection point when the US’s slide into bankruptcy accelerated. From David Stockman at davidstockmanscontracorner.com, via lewrockwell.com:

Did we say it’s getting stupid crazy down there in the Imperial City?

Well, we probably have….ad infinitum. And we are doing so again but not merely owing to today’s abomination in the once and former Peoples’ House, which thinks so little of its oath to defend the constitution and the rights of current and future taxpayers that it approved the $2 trillion Everything Bailout without even a roll call vote.

Then again, like the late night TV pitchman says – wait, there’s more!

Consider the chart below, which surely the Fed heads have not. To wit, it took the Fed 85 years after its doors opened in 1914 to print enough money to fund a $600 billion balance sheet.

It wasn’t exactly the Ohio State offense – three yards and a cloud of dust – which accomplished this. But it was pretty close – even including Greenspan’s first years at the helm. Between the famous Treasury Accord in 1951, under which the Fed was liberated from Treasury-ordered yield pegging, and 1999, its balance sheet grew at a modest 5.2% per annum.

And, by your way, the Fed’s relative stinginess with the printing press was a great big no nevermind. Real GDP grew at 3.4% per annum over that near half-century period, and real median family income more than doubled from $35,000 to $74,000.

We are pondering the number “$600 billion” today because its capsulizes the insanity loose in the Imperial City. What took 95 years to accomplish in the purportedly benighted 20th century, has now taken just five days!

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Doug Casey on the Dangers of Globalism

Globalism is just a cover for more government. From Doug Casey at caseyresearch.com:

Editor’s note: The mainstream media continues to stir up panic and fear surrounding the coronavirus pandemic – and it doesn’t look like the hysteria is slowing down any time soon. Some states have even taken extreme measures, ordering residents to stay indoors and threatening fines or detainment if they don’t comply.

This is just one recent sign of a startling increase in government oversight.

And in today’s Conversations With Casey, our founder, Doug Casey, warns against the dangers of this kind of overregulation, especially on a global scale. Read on as Doug tackles the biggest problems with globalism… and explains why the US is no longer a capitalist society…


Daily Dispatch: Doug, we’d like to get your take on the question of “Globalist vs. Globalism.” Not so long ago, the right was in favor of embracing a global economy, in order to access cheaper labor, and other benefits of outsourcing. Whereas the left was against that whole idea, as they wanted to be more protectionist in their local economy.

But now, to the average man at least, that seems to have flipped. Now the right seems to be more protectionist, and the left wants to be more global. Is that an overly simplistic take on things? What’s your view?

Doug Casey: Well, to start with, these are just labels that don’t really mean anything – other than deciding what variety of statism you want.

The truth is that individuals and companies should be able to trade with each other with absolutely no restrictions, interference, or comment of any type from governments. No quotas, no duties, no incentives… nothing.

Governments bring absolutely nothing to the party. It’s a sham, a myth, and a delusion that government acts in the interest of the country it controls. Government (and the people who control it) act in their own interests, and those of their cronies. I’m sorry if that sounds harsh, and runs counter to what we were taught in grade school civics, or what sanctimonious Deep Staters like to repeat. But it’s the case with late-stage US “capitalism.”

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Weeks Where Decades Happen, by Jim Quinn

It shouldn’t be a surprise given the state of our world how quickly things can go to shit, but it always is to most people. From Jim Quinn at theburningplatform.com:

Image result for weeks where decades happen

“There are decades where nothing happens; and there are weeks where decades happen.”Vladimir Ilyich Lenin

Image result for s&p 500 chart

 “A Crisis mood does not guarantee that the new governing policies will be well designed or will work as intended.

To the contrary: Crisis eras are studded with faulty leadership and inept management—from President Lincoln’s poor record of choosing generals to President Roosevelt’s colossal blunders with such alphabet soup agencies as the AAA, NRA, and WPA.

What makes a Crisis special is the public’s willingness to let leaders lead even when they falter and to let authorities be authoritative even when they make mistakes.

Wars become more likely and are fought with efficacy and finality. The risk of revolution is high—as is the risk of civil war, since the community that commands the greatest loyalty does not necessarily coincide with political (or geographic) boundaries. Leaders become more inclined to define enemies in moral terms, to enforce virtue militarily, to refuse all compromise, to commit large forces in that effort, to impose heavy sacrifices on the battlefield and home front, to build the most destructive weapons contemporary minds can imagine, and to deploy those weapons if needed to obtain an enduring victory.” – Strauss & Howe – The Fourth Turning

The quote by Lenin has been reverberating in my conscience for the last few weeks. I believe the quote from Strauss & Howe provides context to what has happened and will happen as this Fourth Turning advances towards its climax. I began a new role in my organization two weeks ago, after only seven months in my previous role. I’ve been in non-stop crisis meetings, as this coronavirus pandemic has flipped everyone’s world upside down. As of Thursday, we were ordered to work from home.

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COVID-19 – Evidence Over Hysteria, by Aaron Ginn

COVID-19 – Evidence Over Hysteria

 

Update from Zero Hedge:

Update (3/22/2020): After falling under much scrutiny, Medium has deleted Ginn’s post. Of note, Ginn is a former 2012 digital campaign staffer with no background in medicine or infectious disease.

We are leaving it up for anyone who wants to read, while also including a thread from a biologist who debunked it. Click on the tweet below to read.

SLL will also leave this up for its  readers, as well as access to the purported debunking from Carl T. Bergstrom below. Take it with a grain of salt; the original articles makes salient points, many of which are not addressed by Bergstrom at all. He’s also heavy into sarcasm and ad hominem attacks.

 

This article is on Zero Hedge. It discusses the science and metrics of the coronavirus outbreak and reaches conclusions at odds with the current media and government-driven panic and hysteria. The link back to Medium.com displays the following message:

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COVID-19 – Evidence Over Hysteria

by Aaron Ginn

After watching the outbreak of COVID-19 for the past two months, I’ve followed the pace of the infection, its severity, and how our world is tackling the virus. While we should be concerned and diligent, the situation has dramatically elevated to a mob-like fear spreading faster than COVID-19 itself.

When 13% of Americans believe they are currently infected with COVID-19 (mathematically impossible), full-on panic is blocking our ability to think clearly and determine how to deploy our resources to stop this virus. Over three-fourths of Americans are scared of what we are doing to our society through law and hysteria, not of infection or spreading COVID-19 to those most vulnerable.

The following article is a systematic overview of COVID-19 driven by data from medical professionals and academic articles that will help you understand what is going on (sources include CDC, WHO, NIH, NHS, University of Oxford, Stanford, Harvard, NEJM, JAMA, and several others). I’m quite experienced at understanding virality, how things grow, and data. In my vocation, I’m most known for popularizing the “growth hacking movement” in Silicon Valley that specializes in driving rapid and viral adoption of technology products. Data is data. Our focus here isn’t treatments but numbers. You don’t need a special degree to understand what the data says and doesn’t say. Numbers are universal.

I hope you walk away with a more informed perspective on how you can help and fight back against the hysteria that is driving our country into a dark place. You can help us focus our scarce resources on those who are most vulnerable, who need our help.

Note: The following graphs and numbers are as of mid-March 2020. Things are moving quickly, so I update this article twice a day. Most graphs are as of March 20th, 2020.

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The Crony Capitalist Thieves Are Back, by David Stockman

It’s harder to get rid of crony socialists than it is to get rid of cockroaches, and crony socialists are less cuddly. From David Stockman at davidstockmanscontracorner.com via lewrockwell.com:

The nerve of it is a wonder to behold. The US airline industry has spent a decade shoving itself into harm’s way by strip-mining their balance sheets to fund share buybacks and goose top executive stock options.

For crying out loud – the reckless irresponsibility of it is mind-boggling. That’s because for decades upon decades this has been a highly cyclical industry – vulnerable to global dislocations caused by recessions, storms, wars, terror and more. Accordingly, airline companies absolutely need deep equity balance sheets and ample standby liquidity, even at the expense of short-term earnings.

Needless to say, the Big Four US airlines – Delta, United, American, and Southwest – were having none of financial rationality, prudence and common sense. As Wolf Richter properly pointed out:

“These stocks are now getting crushed because they may run out of cash in a few months, yet they would be the primary recipients of that $50 billion bailout, well, after they wasted, blew, and incinerated willfully and recklessly together $43.7 billion in cash on share buybacks since 2012 for the sole purpose of enriching the very shareholders that will now be bailed out by the taxpayer.”

We say nothing doing!

If the Big Four Airlines can’t raise enough cash in the high cost long term debt markets or by issuing highly dilutive preferred stock or equity, there is only one solution – and that is chapter 11. Holy moly, that’s why we have this legal protection procedure.

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