Tag Archives: Bank bailout

The Sport of Speculation, by VF

Is the coronavirus panic a replay of the 9/11 panic, and for the same purpose? From VF at thechicagoeconomist.com:

I’m beginning to believe the current “pandemic” is perhaps just the latest contrived “enemy of the state”. An opportunity taken by western governments that have, over the past 20 or 30 years, gotten bolder in their willingness to fabricate fear to secure a political end. Political ends are always about greater control, corruption, and ultimately, cover ups.

In the age where air has become second to digital noise in terms of ubiquity, and hyperbole has replaced truth as the journalistic objective, governments’ ability to leverage misinformation (i.e. propaganda) has become a precision tool. Like it or not, society has become confused by the amount of information thrown at us and that makes us susceptible.

But if this is contrived political hysteria, what is the objective?

I’ve heard people on either side of the aisle suggest it is to help or hurt Trump. And perhaps, it is that simple. However, given equally good points on both sides of that argument I am skeptical. So then what? Well, I think back to 9/11 and whether you believe it was an act of terrorism by our own government or some other group, the end result was the same – The Patriot Act, and a truckload of knock-on legislation that quietly edged out our individual rights and freedoms. All in the name of keeping us safe from harm.

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