Tag Archives: Inequality

Go All the Way, by Robert Gore

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ADE is a metaphor for government—they both make things worse.

A phenomenon known as Antibody Dependent Enhancement (ADE) may be developing from the Covid-19 mRNA vaccines. ADE leaves a population more vulnerable to a disease and its variants after widespread administration of a vaccine during a pandemic. While the early indication may be that the vaccine prevents or ameliorates the disease, if it only kills some of the virus, mutant variants can develop that resist the vaccine and spread to the vaccinated and unvaccinated alike. The process is analogous to bacterial resistance. ADE was a known risk of mRNA technology from earlier efforts to develop coronavirus vaccines, which were halted when new exposures to the underlying virus led to lab animal deaths.

A phenomenon known as Monetary Dependent Enhancement (MDE) is a debilitating side effect of contemporary economic prescriptions. The belief is that fiat debt units—Federal Reserve Notes, credit entries on Federal Reserve computers, and Treasury debt—can create economic growth, jobs, and wealth. Injection of fiat debt units may initially stimulate economic activity and elevate asset prices. However, they’re not a substitute for savings, investment, and production, which actually produce growth, jobs, and wealth. Rather, fiat debt debasement discourages savings, eventually retarding investment and production. Of course, as proponents of fiat debt units like to say, in the long run we’re all dead, but MDE has rendered entire economies dead while people are still alive and will do so again.

A phenomenon known as Intervention Dependent Enhancement (IDE) repeatedly presents as an adverse effect of US foreign and military policy. The US foreign policy establishment—“the blob”—believes that its conceptions of governance can and should be exported to other nations. Revolutions are fomented, invasions launched, and regimes changed in benighted nations that refuse to acknowledge the superiority of the American way and accept the blob’s beneficence and guidance.

Intervention carries staggering costs in blood and treasure and leaves both the recipient nation and the US in worse shape than they were before the intervention. The US-backed regime is invariably corrupt and has no real support among the people it purports to rule. The satrapy’s depredations inflame the locals’ antipathy towards it and its US government sponsor. The locals have the incentive, moral imperative, and staying power to fight for their land, all of which the invader lacks. Afghanistan is a classic example of IDE.

IDE has destroyed the goodwill the US government enjoyed after WWII as leader of the free world. It has produced death and destruction across the globe, and helped plunge the US government into debt. The US’s self-anointed designation as the world’s exceptional nation are fingernails grating across the global backboard. The dollar’s reserve currency status, which allows the blob to fund its empire with IOUs, has much of the world searching for alternatives to the buck.

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A phenomenon known as Law Dependent Enhancement (LDE) stems from the ever-growing mountain of statutes, regulations, executive orders, and administrative promulgations emanating from every level of government. A problem is identified and a solution proposed. The proponents’ interest lasts only until a law is passed and regulations are imposed, then they’re on to the next problem. Those who must then live with the laws and regulations have every incentive to bend them to their own ends.

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What’s Driving Social Discord: Russian Social Media Meddling or Soaring Wealth/Power Inequality? by Charles Hugh Smith

The answer to the title question is pretty obvious. From Charles Hugh Smith at oftwominds.com:

The nation’s elites are desperate to misdirect us from the financial and power dividethat has enriched and empowered them at the expense of the unprotected many.

There are two competing explanatory narratives battling for mind-share in the U.S.:
1. The nation’s social discord is the direct result of Russian social media meddling– what I call the Boris and Natasha Narrative of evil Russian masterminds controlling a vast conspiracy of social media advertising, fake-news outlets and trolls that have created artificial divides in the body politic, or exacerbated minor cracks into chasms.
2. The nation’s social discord is the direct result of soaring wealth/power inequality– the vast expansion of the wealth and power of the nation’s financial elites and their protected class of technocrat enablers and enforcers (the few) at the expense of the unprotected many.
Core to this narrative is the view that the elites and technocrats have engaged in a massive, coordinated official/media propaganda campaign of fake newsaimed at persuading the bottom 95% that their prosperity and financial security are expanding when the reality is they have lost ground they will never be able to recover.
This propaganda campaign includes official (i.e. gamed/distorted) statistics such as unemployment and inflation, a reliance on the manipulated stock market to “signal widespread prosperity” and a steady drumbeat of corporate media coverage promoting the Boris and Natasha Narrative as the primary source of all our troubles.
The reality the elites must mask is that the few (the elites) have benefited at the expense of the many. The rising tide of financialization, globalization and neofeudal-neocolonial neoliberalism has not raised all boats; the yachts have floated higher while the rowboats have either sunk or are leaking badly.