Tag Archives: Elites

The Conman Elites That Want To “Save Us” From The Coronavirus, by Brandon Smith

Beware of those who hold themselves out as our saviors from the coronavirus. From Brandon Smith at alt-market.com:

Last week the Federal Reserve released a report predicting that the next print on GDP numbers will likely show a loss 34.9% in the second quarter. This is the biggest GDP plunge since the Great Depression; even the crash of 2008 doesn’t compare.  And when we take into account the fact that the Fed artificially boosts GDP calculations by adding in many non-productive government programs, we have to ask, what are the REAL losses above and beyond what the Fed admits to?

With the supply chain in disarray, many companies (like Apple) are trying to shift their manufacturing base to dodge the pandemic. Of course, none of them want to bring factories back to the US; there’s simply no incentive to do so. And, the small business sector has been crushed by the shutdowns, with the vast majority of those seeking bailout loans still waiting for aid and over 20.5 million employees laid off in April alone.

Needless to say, the economy has been severely affected. The problem is that many people are being led to believe that this event has been triggered by the virus outbreak alone. This is a lie. As I noted back in February in my article ‘Global Centralization Is The Cause Of The Crisis – Not The Cure’, the collapse of the Everything Bubble was well underway long before the pandemic. The crash was started by the Federal Reserve hiking rates into economic weakness at the end of 2018, puncturing the bubble and setting the liquidity crisis in motion.

The pandemic is just the icing on the cake of a collapse that was going to happen anyway. It is also a convenient scapegoat, because now the banking elites are going to escape all the blame for the crash and the public is going to hyperfocus on the coronavirus as the culprit.

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Political and Social Conflict Is Accelerating: Here’s Why, by Charles Hugh Smith

The old fiat-debt black magic isn’t working too well anymore. From Charles Hugh Smith at oftwominds.com:

All the status quo “fixes” only hasten the collapse of the status quo.

That economic, social and political conflict is accelerating is self-evident.What’s open to debate are the core drivers of conflict / disorder /unraveling.

Here’s the core self-reinforcing dynamic in my view:

1. The status quo elites can no longer mask soaring costs of essentials nor soaring wealth / income inequality between the top .01% (Oligarchs), the top 9.99% who enrich the Oligarchs with their discretionary spending and technocratic/managerial labor, and the bottom 90% who are rapidly losing ground on all fronts: economic, social and political.

2. The elites’ “fixes” to the social / political conflicts unleashed by the rigged financial system and winner take most economic order are politically expedient, meaning they don’t actually address the sources of conflict, they merely paper them over with PR as a means of preserving the elites’ wealth and power.

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Wealthy Elitists Freak Out As Hordes Of Homeless People Take Over Their Neighborhoods All Over The West Coast, by Michael Snyder

It’s so much easier to be a “humanitarian” with somebody else’s time, money, and property. From Michael Snyder at theeconomicollapseblog.com:

The elite are very “tolerant” of the homeless until they start showing up in their own neighborhoods.  Even though the mainstream media keeps telling us that the U.S. economy is “booming”, the number of Americans living on the streets continues to grow very rapidly, and this is particularly true in our major west coast cities.  More than half a million Americans will sleep on the streets of our cities tonight, and they need help, care and shelter.  Sadly, as economic conditions deteriorate that number is likely to double or even triple.  Of course many among the elite are all in favor of doing something for the homeless, as long as they don’t have to be anywhere around them.

For example, let’s talk about what is going on in Los Angeles.  No city on the west coast has a bigger problem with homelessness than L.A. does, and many in the homeless population enjoy camping out on the beautiful beaches in the L.A. area at night.

But of course many of the elite that paid millions of dollars for beachfront property are not too thrilled about this.  Sex Pistols frontman Johnny Rotten was a key symbol of anti-establishment rebellion in the 1970s, but now he is freaking out because homeless people are making life very difficult for him and his wife in Venice Beach, and what he recently told Newsweek’s Paula Froelich is making headlines all over the nation

He told her the homeless situation in his swanky LA neighborhood is so bad that thieves are tearing the bars from the windows of his multimillion-dollar home, lobbing bricks, setting up unsightly tent cities and littering the beach with syringes.

“A couple of weeks ago I had a problem,” the former punk prince opined. “They came over the gate and put their tent inside, right in front of the front door. It’s like . . . the audacity. And if you complain, what are you? Oh, one of the establishment elite? No, I’m a bloke that’s worked hard for his money and I expect to be able to use my own front door.”

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Counterfeit Elitism, by Victor Davis Hanson

High blown credentials do not an elite make, at least in the sense of what “elite” used to mean: someone with superior qualities over the general run of humanity. From Victor Davis at amgreatness.com:

Those damn dairy farmers. Why do they insist on trying to govern? Or, put another way:

Why are Republicans trusting Devin Nunes to be their oracle of truth!? A former dairy farmer who House intel staffers refer to as Secret Agent Man because he has no idea what’s going on.

Thus spoke MSNBC panelist, Yale graduate, former Republican “strategist,” and Bush administration speechwriter Elise Jordan.

Jordan likely knows little about San Joaquin Valley family dairy farmers and little notion of the sort of skills, savvy, and work ethic necessary to survive in an increasingly corporate-dominated industry. Whereas dairy farmer Nunes has excelled in politics, it would be hard to imagine Jordan running a family dairy farm, at least given the evidence of her televised skill sets and sobriety.

Republicans “trust” Devin Nunes, because without his dogged efforts it is unlikely that we would know about the Fusion GPS dossier or the questionable premises on which FISA court surveillance was ordered. Neither would we have known about the machinations of an array of Obama Administration, Justice Department and FBI officials who, in addition to having possibly violated the law in monitoring a political campaign and unmasking and leaking names of Americans to the press, may have colluded with people in the Clinton campaign who funded the Steele dossier.

“Elite” is now an overused smear. But it is a fair pejorative when denoting a cadre that is not a natural or truly meritocratic top echelon, but is instead a group distinguished merely by schooling, associations, residence, connections and open disdain. If this is supposed to translate into some sort of received wisdom and acknowledged excellence, ordinary Americans may be pardoned for missing it.

To continue reading: Counterfeit Elitism

Against the Tyranny of the So-Called Experts, by Kurt Schlichter

As SLL noted in “Desperation,” most of the revolt against the “elite” is fed by their long string of failures in both foreign and domestic policy. Kurt Schlichter at townhall.com amplifies this point.

America’s elite – that collection of puffed up mediocrities who until recently held the undisputed command of the heights of our politics and culture – is in crisis. Its unbroken track record of failure has finally stirred the rest of America from its coma. The normals are now hella woke, and the elitists are being hella rejected. Unused to accountability, the elite is in a tizzy over the way people are not only blaming it for its myriad failures but are taking concrete steps to restrict its power. It’s not just electing Donald Trump. It’s ignoring the media, ignoring Hollywood stars, and ignoring the cabal of “experts” who presume to tell us how to live.

And it’s about time.

The best thing about being a member of the elite is that you really don’t have to do anything to become one. You can be born one – no matter how dumb or drug-addled you are, if you’re a Kennedy you’re elite regardless of how many times you blow the bar exam. Or you can become one by getting into the right school – remember, a Harvard degree does not mean you did well at Harvard. Everyone at Harvard does well – an “A” is a participation trophy. It’s getting in that matters, and getting in depends, in significant part, on who you are. Elite mom and dad, welcome to the Ivy League.

To continue reading: Against the Tyranny of the So-Called Experts

 

 

Doug Casey’s Two Days with the Real and Wannabee Elite

Doug Casey got to rub elbows with the elite, and seems none the worse for the experience. There is no danger that Casey will ever go elitist or globalist. From Casey at lewrockwell.com:

Recently I made a few comments about the world’s self-identified “elite”, and also about the migrants that are plaguing Europe.

Happily, I was able to do some one-stop shopping on both of these topics when I was in New York to attend a very elitist and Globalist conference. I’m not going to name it because its organizers/sponsors are business partners of mine. And since they spent multimillions putting it together, and I pretty much despised their invitees, I’m not about to identify it exactly. Just let me say that the conclave has aspirations to become another Council on Foreign Relations, Bilderberg, Bohemian Grove, Atlantic Council, or Davos. Same kind of people, same ideas. Uniformly bad ideas. But ideas that the public has been brainwashed into thinking are good.

A lot of people are afraid these groups control the world, or at least governments. They don’t. They’re social gatherings for high level government employees and NGO types who like to network, and feel relevant. And lots of their minions, who enjoy the rich food, pretending they’re big shots too, while listening to pontifications by actual big shots. They hope they can cozy up to them, close enough to ride a richer gravy train.

The avowed purpose of this conclave was to “build the public-private partnership”—the exact definition of fascism. So there were also lots of big league corporate types who want to “make a difference”, and rich guys who want to be known for something besides having money.

To continue reading: Doug Casey’s Two Days with the Real and Wannabee Elite