As John Whitehead explained, in the article I put up for post recently, for too long now, the American people have played politics with their principles and turned a blind eye to all manner of wrongdoing when it was politically expedient, allowing Congress, the White House and the Judiciary to wreak havoc with their freedoms and act in violation of the rule of law.
Democrats In Congress Reauthorize Patriot Act, Again
November 20, 2019
“Nearly every Democratic member of the U.S. House of Representatives voted to fully reauthorize the Patriot Act through March 2020, extending the right of federal agents to use all sorts of secret surveillance against Americans,” reports Reason.
As the EFF says, “The USA PATRIOT Act broadly expands law enforcement’s surveillance and investigative powers and represents one of the most significant threats to civil liberties, privacy, and democratic traditions in US history. [It] gives sweeping search and surveillance to domestic law enforcement and foreign intelligence agencies and eliminates checks and balances that previously gave courts the opportunity to ensure that those powers were not abused. PATRIOT and follow-up legislation now in development threaten the basic rights of millions of Americans.”
A very good article written by Brandon Smith.
Trump Vs. Warren, & The Fake Battle Against The Elites
November 21, 2019
. . .
Americans are suckers for fake “people’s candidates” and always have been.
But perhaps I should expand on this with some real world examples. How about Jimmy Carter, who started out his presidential campaign with a dismal 4% in the Democratic polls. Carter would go on to explode in popularity after attacking what he referred to as the “Washington insiders”, the elites that ran the show from behind the curtain. A widely distributed paperback book that promoted Carter during his campaign called “I’ll Never Lie To You: Jimmy Carter In His Own Words” quoted the candidate as saying at a Boston rally:
“The people of this country know from bitter experience that we are not going to get … changes merely by shifting around the same group of insiders.”
His own top aide, Hamilton Jordan, promised:
“If, after the inauguration, you find a Cy Vance as Secretary of State and Zbigniew Brzezinski as head of National Security, then I would say we failed. And I’d quit.”
Let’s be clear, it’s not just the ECB.
Japan, Switzerland, many individual European countries are already doing so.
And don’t believe for one second that the U.S. isn’t considering the same. They already control the equity markets vis-a-vis purchasing of S&P Futures.
“Muller (the youngest member of the ECB’s Governing Council at 42) also noted the usual disclaimers the precede any episode of full-blown equity purchases by an entity that literally prints money out of thin air, stating that policy makers also have to be ‘aware of different side effects and think twice before you do something,’ ”
Remember the spike in inflation back in 1980? It went vertical on the charts! It took Paul Volker a lot of tap dancing, along with 20-25% interest rates to stem its onslaught. Only this time it will be more than just the economy that will be decimated.
Think of all the investors sitting on the unprecedented amount of bonds today!
-Ever wonder where those bonds will be priced at 25% interest rates? And the pain to investors?
-Ever wonder what the governments’ funding cost will be at 25%? And the pain to the public’s tax obligations?
-Ever wonder what will happen to the quadrillion in derivatives that are priced off interest rates?
At least the Central Banks are making it simple for us. DON’T short the market. Short the countries!
And the best shorting method is……. long GOLD!
CIGA Wolfgang Rech
…which means what Wolfgang? Currency will be backed by bubbled stocks?
ECB Member Hints Central Bank Will Buy Stocks When Situation Gets “Really Bad”
November 18, 2019
Following last month’s IMF summit where central bankers from around the world conceded the negative rates no longer stimulate the global economy, the ECB’s new head, convicted criminal Christine Lagarde has found herself in a quandary: besides demanding a fiscal stimulus boost from Germany, one which is unlikely to come for at least another 6 months now that Berlin narrowly avoided a technical recession, what else can she demand to stimulate Europe’s moribund growth at a time when Europe’s key offshore growth dynamo, China, is not only set to grow at the slowest pace on record but is furiously exporting deflation?
The answer came on Saturday courtesy of ECB policy maker Madis Muller, the governor of the Bank of Estonia, who essentially hinted that the ECB could very well buy stocks during the next recession, saying that the central bank could broadened its asset-purchase program, if the economic situation in the euro area deteriorates significantly.