Category Archives: Government

Circus Politics Are Intended to Distract Us. Don’t Be Distracted, by John and Nisha Whitehead

The point is simple: government is organized crime. From John and Nisha Whitehead at rutherford.org:

“There is nothing more dangerous than a government of the many controlled by the few.”—Lawrence Lessig, Harvard law professor

It is easy to be distracted right now by the bread and circus politics that have dominated the news headlines lately, but don’t be distracted.

Don’t be fooled, not even a little.

We’re being subjected to the oldest con game in the books, the magician’s sleight of hand that keeps you focused on the shell game in front of you while your wallet is being picked clean by ruffians in your midst.

This is how tyranny rises and freedom falls.

What characterizes American government today is not so much dysfunctional politics as it is ruthlessly contrived governance carried out behind the entertaining, distracting and disingenuous curtain of political theater. And what political theater it is, diabolically Shakespearean at times, full of sound and fury, yet in the end, signifying nothing.

We are being ruled by a government of scoundrels, spies, thugs, thieves, gangsters, ruffians, rapists, extortionists, bounty hunters, battle-ready warriors and cold-blooded killers who communicate using a language of force and oppression.

The U.S. government now poses the greatest threat to our freedoms.

More than terrorism, more than domestic extremism, more than gun violence and organized crime, even more than the perceived threat posed by any single politician, the U.S. government remains a greater menace to the life, liberty and property of its citizens than any of the so-called dangers from which the government claims to protect us.

No matter who has occupied the White House in recent years, the Deep State has succeeded in keeping the citizenry divided and at each other’s throats.

After all, as long as we’re busy fighting each other, we’ll never manage to present a unified front against tyranny in any form.

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Raiding The Taxpayer Piggy-Bank, by David Stockman

They call it moral hazard because it’s a moral issue. The people responsible should have to pay when things go wrong, not the taxpayers. From David Stockman at lewrockwell.com:

Janet Yellen is one continuous anti-prosperity horror show and the reason is obvious enough. She got her indoctrination at Yale from the granddaddy of Professor Keynes’ US disciples, James Tobin, in the late 1960s and has spent most of her years since then pontificating in academia or dictating from the Fed.

So now with the arrival of screaming evidence that the banking system desperately needs the disciplining effect of depositor flight, she comes out four-square for euthanizing the $9 trillion of still uninsured deposits in the US banking system.

But let’s cut to the chase. Banks not disciplined by their depositors and not at risk for deposit flight are dangerous institutions. They leave bank executives free to swing for the fences on the asset-side of their balance sheets without fear that attentive depositors will move their money to safer pastures.

For crying out loud. It was bad enough during the last several years when deposits were dirt cheap and knuckleheads like those who ran SVB decided to load up their balance sheets with 10-30 year duration assets against overnight demand deposits, most of which were uninsured.

For the moment that allowed them to book outsized profits and reap the consequent benefit of soaring stock options, but these “profits” were phony as a two-dollar bill. That’s because they were being generated off long-term fixed income assets, the prices of which had nowhere to go except down.

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Doug Casey on “15-Minute Cities” and Penning You In for the Next Lockdown

Everyone will have their 15 minutes of freedom. From Doug Casey at internationalman.com:

15-Minute City

International Man: The “15-minute city” is an urban planning concept rapidly spreading in North America and Europe. They aim to make everything—where people work, shop, get their education, healthcare, and leisure activities—just 15 minutes away.

The idea is for bureaucrats to restrict—and eventually prohibit—car use because everything is within walking or biking distance. Phasing out hydrocarbons, in general, and cars with internal combustion engines, in particular, is a primary goal of the carbon hysterics.

Critics also argue that 15-minute cities will eventually allow for total surveillance and control of people’s lives, as governments will inevitably pair them with an ESG social credit system and central bank digital currencies.

What is your take on the 15-minute city concept?

Doug Casey: It’s social engineering taken to a new level—trying to reform the way humans act and live. In fact, it’s social engineering that’s expressed in the form of civil engineering, putting people in the kind of houses, environments, and locales that the elites—strike that, I mean parasites—prefer.

It’s as if the whole human race is taking a role in the Jim Carrey movie The Truman Show. But that’s way too benign. The way they’re trying to reform the cities and force people to stay in place in certain areas, it’s more like the panopticon, which was a type of prison where all people could be observed easily by the guards at all times.

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This Has Got to Stop, by James Howard Kunstler

And somebody’s going to have some splainin to do . . . under oath. From James Howard Kunstler at kunstler.com:

“As the evidence mounts of an even broader censorship effort by the Biden administration, the Democrats’ attacks have become more unhinged and unscrupulous. After shredding any fealty to free speech, they now are attacking journalists, demanding their sources and claiming their reporting is a public threat.” — Jonathan Turley

And it will stop because, as the old wag Herb Stein laid down in his law years ago: Things that can’t go on, stop. Which raises the question: which things? And the answer is the things Western Civ is doing in its attempted suicide: inciting war, recklessly running up debt, persecuting its own citizens and stealing their liberties, subjecting them to medical malfeasance, destroying their goods production and food-growing capabilities, and subjecting the public to incessant mind-fuckery in a campaign to falsify and disfigure reality.

     A consortium of public and corporate bureaucracies has institutionalized the falsification of reality under the pretense of saving the human race from a pack of hobgoblins led by climate change, racism, and normal sexual reproduction. They have been driven insane by the actual reality of pending economic collapse, which has only been accelerated by their own suicidal activities. What they apparently really want to save is their own positions, perquisites, and power. Their enabling mechanism is the digital computer and its many ways of assembling and controlling information, and thus controlling people, especially those who object to totalizing control. They do it because they can.

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20 Years After the Invasion of Iraq, Will the Media’s Complicity Be Flushed Down the Memory Hole? By Jeremy Erp

They’ll be asking the same question twenty years after Ukraine, if that war ever ends. From Jeremy Erp at antiwar.com:

All wars are fought twice, the first time on the battlefield, the second time in memory.
— Viet Thanh Nguyen

As mainstream U.S. media outlets pause to remember the US invasion of Iraq, it’s clear that there’s a lot they hope we’ll forget – first and foremost, the media’s own active complicity in whipping up public support for the war.

But the more you dig into mainstream news coverage from that period, as our documentary team did last week when we put together this five-minute montage from our 2007 film War Made Easy, the harder it is to forget how flagrantly news networks across the broadcast and cable landscape uncritically spread the Bush administration’s propaganda and actively excluded dissenting voices.

The numbers don’t lie. A 2003 report by the media watchdog Fairness & Accuracy In Reporting (FAIR) found that in the two weeks leading up to the invasion, ABC World News, NBC Nightly News, CBS Evening News, and the PBS Newshour featured a total of 267 American experts, analysts, and commentators on camera to supposedly help make sense of the march to war. Of these 267 guests, an astounding 75% were current or former government or military officials, and a grand total of one expressed any skepticism.

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“The New Normal”: New York To Lower Math And English Proficiency Standards Due To Poor Test Result, by Jonathan Turley

But self-esteem will skyrocket! From Jonathan Turley at jonathanturley.org:

I recently wrote how public educators and unions were methodically killing public education. The best example this week comes from New York where a school board committee has solved the dismal math and reading scores for children in the system . . .  they lowered the standards. This is not the first system to gut its standards rather than improve its quality of education.  As teachers and unions object to school choice, they continue to make the case for private education. Parents are increasingly voting with their feet. The board is simply calling the lack of proficiency “the new normal” and changing the standards. Done.

New York will permanently lower the math and reading proficiency standards after embarrassing results in state testing. It is akin to shortening the 100 yards dash to 50 yards to stay competitive on speed.

The media reported that

“A scoring committee that reports to the Board of Regents said Monday that they must take into account the results of last year’s tests for students in grades three through eight. Some schools posted shocking results — in Schenectady, no eighth grader who took the math test scored as proficient. And the scores for the third through eighth grade tests throughout the state were much lower in 2022 than in 2019, a result no doubt of the absence of in-person learning during the first year and beyond of the COVID-19 pandemic.”

This may seem insane to anyone with a proficiency in logic, but it is being shrugged off by many in New York. There is now an acceptance that the public schools cannot actually educate students to proficiency levels needed to succeed in the modern world. In the meantime, some districts are moving to a four-day work week for teachers to reduce stress.

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UBS To Buy CS For $3 Billion As AT1 Bonds Get Wiped Out In Record Bail-In; Swiss Govt Grants CHF9BN Guarantee; SNB Offers $100 Billion Liquidity Backstop, by Tyler Durden

All the gory details. Credit Suisse is”lucky” its failure is at the leading edge. Long before this is over all the king’s horses and all the king’s men won’t be able to put busted banks back together again. From Tyler Durden at zerohedge.com:

Update (1500ET): We finally have a deal, and what was at first a CHF1 BN acquisition priceof Credit Suisse by UBS, which then rose to CHF 2 BN, has now cranked up one final time to CHF 3BN (US$3.25 billion), or 0.76 per share, specifically shareholders of Credit Suisse will receive 1 share in UBS for 22.48 shares in Credit Suisse. As part of the deal, the Swiss National Bank is offering a 100 billion-franc liquidity assistance to UBS while the government is granting a 9 billion-franc guarantee for potential losses from assets UBS is taking over, i.e., this is a taxpayer-backed bailout.

More importantly, however, the bank’s entire AT1 tranche – some CHF16BN of Additioanal Tier 1 (AT1) bonds, a $275BN market – will be bailed in and written down to zero, to wit: “FINMA has determined that Credit Suisse’s Additional Tier 1 Capital (deriving from the issuance of Tier 1 Capital Notes) in the aggregate nominal amount of approximately CHF 16 billion will be written off to zero.

This wipe out, pardon, bail-in is the biggest loss yet for Europe’s $275 billion AT1 market, far eclipsing the approximately €1.35 billion loss suffered by junior bondholders of Spanish lender Banco Popular SA back in 2017, when it was absorbed by Banco Santander SA to avoid a collapse.

AT1 bonds were introduced in Europe after the global financial crisis to serve as shock absorbers when banks start to fail. They are designed to impose permanent losses on bondholders or be converted into equity if a bank’s capital ratios fall below a predetermined level, effectively propping up its balance sheet and allowing it to stay in business.

As Bloomberg notes, investors had been concerned that a so-called bail-in would result in the AT1s being written down, while senior debt issued by the holding company, Credit Suisse would be converted into equity for the bank.

In retrospect, they were right to be worried… meanwhile equityholders get CHF3 billion; we are confident Swiss pensions will be delighted they are getting a doughnut while the Saudis get a not immaterial recovery.

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FedNow Instant Payments Are Coming and CBDCs Will Follow, by Daisy Luther

FedNow will be the camel’s nose under the tent for totalitarian money. From Daisy Luther at theorganicprepper.com:

There’s absolutely no doubt that our financial system is in flux right now. We’re watching a storm approach, and it’s about to envelop the entire nation in chaotic conditions. If you think things are crazy now, just hang on to your halo…it’s about to get a whole lot worse.

Remember how we talked about CBDCs a few weeks ago, and lots of people in the comments said never, no way, and heck no? Well, unfortunately, it’s being rolled out and soon.

Of course, they’re not calling it CBDCs. Not yet.

It’s under another name, and it’s not quite a federal digital currency. I’m sure this, too, will be called a conspiracy theory, but the Federal Reserve is launching FedNow, an instant digital payment system. This in itself is not a Central Bank Digital Currency, but it puts into place the framework needed to make the idea a reality.

FedNew will be launched in July, according to a press release from the Federal Reserve.

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The Pentagon’s B-Movie: Looking Closely at the September 2001 Attacks, by Edward Curtin

If you do look closely at 9/11, you’re going to see things that the government and mainstream media colluded not to see. From Edward Curtin at off-guardian.org:

This new book by Graeme MacQueen (click here for a free e-copy) contains a collection of his articles and essays on the attacks of September 11, 2001, the subsequent anthrax attacks, and analyses of other false flag operations.  They are profoundly important and shatter the official versions of those events.

No one reading this book can come away from it not convinced that the U.S. government is a terrorist state. MacQueen’s conclusions are not based on rhetoric but on a deep empirical analyses, facts not propaganda.

With this volume, Graeme MacQueen takes his place alongside David Ray Griffin as a prophet without honor in his own time. History will declare him a hero.  To write the following introduction is a great honor, for my esteem for Graeme and his work is immense

*

Graeme MacQueen’s work is a testament to a man devoted to the search for truth and the freedom and peace that ensue from its discovery. I think it is surely not an accident that he is a Buddhist scholar and a former professor of religious and peace studies.

In this regard, he reminds me of two other inspired theologians who carry the message of love and peace into the political realm where their extraordinary writing has given great hope to those yearning for truth and justice: James W. Douglass and David Ray Griffin, the former the great JFK scholar and the latter the author of a dozen or so groundbreaking books on the events of September 11, 2001.

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Massie Asks A Reasonable Question, by Karl Denninger

If you eat food, you’ll probably share Karl Denninger’s opinion that Senator Thomas Massie’s question is reasonable. From Denninger at market-ticker.org:

Pertaining to GMOs and what we’ve learned about genetically engineering viruses.

Should the results of the genetically engineered virus give us concern about genetically modifying seeds/food?

The clear answer is yes, for the following reasons:

  • Everyone involved lied about the SARS-CoV2 origins.  Ecohealth got caught lying quite early on when DRASTIC was exposed; DARPA turned down their requested program to engineer and test modified coronaviruses in Chinese caves, and among the slams in that refusal was the fact that the population of the nation in question were effectively not being asked for their consent.  That Ecohealth arrogated to itself the right to test a genetically-modified organism on someone else’s soil without the informed consent of the people residing there was sufficient grounds to destroy the organization and jail every single person involved.  DARPA has no authority to do that, but our DOJ does and didn’t.  The deception did not stop there; Fauci claimed that NIH wasn’t actually funding said research when it was, and we now know he was lying.  He didn’t go to jail for that either, did he?  That the virus was clearly engineered was known very early on because it contained a patented sequence and, in addition, had another sequence in it that never occurs in nature.  The latter is routinely used by virus labs for this exact reason; if you put a virus through some process (e.g. through a cell line) and that sequence comes out the other end you know what you did worked because it can’t occur naturally.  That this was present in SARS-CoV2 was known within weeks of its alleged “arrival” in the US.

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