Our friend, Jim Quinn, has been documenting societal and economic decline for over a decade. Please read and consider his latest essay. I'm not sure he's 100% correct in this (who is?!?) but I am certain that much of this is not wrong, either.
THE ROAD TO PERDITION IS PAVED WITH EVIL INTENTIONS
by Jim Quinn of The Burning Platform
“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending” ― Nassim Nicholas Taleb, The Bed of Procrustes: Philosophical and Practical Aphorisms
“Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York meant layoffs in China.” – Nassim Nicholas Taleb
As we continue our national lockdown suicide cult to hell, I find myself getting angrier and angrier at the pathetic leadership displayed by politicians, government bureaucrats, so called medical “experts”, and intellectual yet idiot academics displaying their ignorance of facts, reality, history, and humanity. My nature is to be skeptical of everything I read or am told.
I most certainly disregard everything communicated to me by politicians, world leaders, central bankers, corporate CEOs, CNBC talking heads, the mainstream corporate fake news media, and lately – self-proclaimed medical experts who have distinguished themselves by not seeing the danger coming, downplaying the danger, not being prepared for the danger, incompetently handling the danger and righteously proclaiming the nation had to be brought to a full stop because their terribly flawed models said so.
That leaves very few people to trust. I’m not a financial expert. I’m not a political expert. I’m not a religious expert. I’m not a medical expert. But I do know how to think critically and question the basis of every narrative being spun in the world today. I do trust the intentions and intelligence of a number of clear eyed truthful writers, thinkers, investors, commentators and bloggers that include: Nassim Taleb, Ron Paul, Kyle Bass, Chris Martenson, John Hussman, Jim Kunstler, John Mauldin, Jim Grant, Tucker Carlson, Dave Collum, Mike Kreiger, Lew Rockwell, Glenn Greenwald, Harald Malmgren, along with dozens of other thoughtful honest thinkers.
This is where it gets challenging. Chris Martenson and John Hussman both warned about the seriousness of this coronavirus before anyone began to take it seriously, in early February, when virtually no one was paying attention. They have supported the measures taken by the government to stop the spread of the virus, while many others have condemned the dictatorial implementation of this national lockdown.
I do not understand the either/or nature of the debate. The coronavirus (aka China flu) is a nasty, highly contagious virus that has impacted the entire world. The Chinese covered up the nature and extent of the virus, resulting in a worldwide pandemic. Despite allocating billions to the CDC over the decades, they proved to be incompetent, unprepared and to make up for their disastrous failures they terrified the nation into a complete national shutdown with their apocalyptic death models, which are proving to have overestimated deaths by a factor of 500%.
To make matters worse they blatantly lied to the American people that wearing face masks would not protect them in any way. That lie has resulted in thousands of additional deaths, but we still tout the advice of these proven liars. Media mouthpieces for the Party use NYC and Northern NJ as their illustration of what is happening everywhere, when that is a complete lie.
These two areas have 46% of the confirmed cases and more than half the deaths, but make up only 9% of the nation’s population. That means in the other 48 states less than 0.1% of their population has a confirmed case. And for that our so-called leaders shut down the country and purposely manufactured a 2nd Great Depression.
The scare tactic death total was 2.2 million if we did nothing. In their own “expert” narrative, if we followed all social distancing protocols perfectly, the death toll would be 110,000 to 220,000. The country hasn’t followed the protocols perfectly and now their worthless models are saying 60,000 deaths – soon to be downgraded to 50,000. These are death figures on par with deaths from the annual flu.
In addition, it seems the number of deaths attributed to flu and pneumonia have been far lower than previous years, since the onset of the Chinese coronavirus. Considering instructions from the CDC to use coronavirus as the cause of death no matter what pre-condition or other disease the person had, it is highly likely the number of deaths attributed to coronavirus are being overstated on purpose, to support the narrative of leaders who overreacted and destroyed our economy.
At first, I didn’t think this virus was being used as a cover for a larger hidden crisis, but after observing the disgracefully grotesque actions taken by despotic politicians and gutless puppet central bankers, I’m convinced this manufactured crisis is being used by the corporate fascists to cover up their financial fraud, destroy small businesses, further enslave the plebs in debt, institute martial control, institute digital currency, while electronically tracking our every movement. And the worst part is the majority have gone along with every government mandate like docile sheep being led to slaughter.
America is devolving into a totalitarian state before our very eyes and we obeyingly confine ourselves in our homes watching Netflix, heeding the “expert” dictums of Fauci and Birx as gospel, and waiting for $1,200 to be electronically inserted into our empty bank accounts, as our recompense for losing our jobs and going further into debt to Wall Street banks. As Huxley pointed out almost ninety years ago, we were on a path towards an efficient totalitarian state, and we’ve finally arrived. Are you loving your servitude?
“A really efficient totalitarian state would be one in which the all-powerful executive of political bosses and their army of managers control a population of slaves who do not have to be coerced, because they love their servitude.” – Aldous Huxley – Brave New World
Whether this virus spread due to bat soup, a military bio-lab in Wuhan, or as a plot by the Deep State, the end result is the same. The financial system was choking on debt from September onward, with the Federal Reserve lackeys desperately resuscitating repos nightly, and frantically undoing the extremely modest tightening they had done in the prior year. The critical thinking financial minds knew something was seriously wrong under the hood of this aging jalopy.
The monetary heroin provided by the feeble minded IYI Powell and his deceitful cronies like Kashkari, was a green light for the Wall Street cabal to buy stocks hand over fist, driving prices and valuations to all-time highs in mid-February. But those in the know bailed out of the markets as the dullards were lured in at the top once again. The ruling class needed a convenient excuse for the inevitable crash and subsequent bailout they would engineer for themselves. Ron Paul, as usual, sees it clearly.
“Even the bad guys are admitting it, and that is they made these dire predictions so that they could go ahead and destroy peoples’ civil liberties and spend a lot of money and make up an excuse on why the stock market actually went down — all kinds of things by having this coronavirus event blown way out of proportion.” – Ron Paul
I really don’t care how this Chinese virus was released into the world, but I do care about how it has been exploited by authoritarians to gain more control and power over our economy, our pathetic excuse for a free market financial system, surveillance technology, and our daily lives. This is the worst time in history for libertarian minded Austrian economic theory believers, as government is violently repressing our liberties and freedoms, while unelected fascist bankers make a mockery of financial markets by bailing out and enriching their corporate benefactors.
I’ve been suspect of the one-party D.C. establishment since the pre-written, ironically named, Patriot Act was jammed down our throats a month after the 9/11 inducing War on Terror crisis was used to create a surveillance state rivaling Orwell’s worst nightmare. The Wall Street/Federal Reserve created 2008/2009 financial collapse crisis was manipulated by the oligarchs to extract trillions from the American public, while allowing themselves to rig the markets in their favor, and leaving future generations with hundreds of trillions in unpayable debt – ensuring their impoverishment and debt enslavement. The politicians and central bank academics know who butters their bread.
“In poor countries, officials receive explicit bribes; in D.C. they get the sophisticated, implicit, unspoken promise to work for large corporations” ― Nassim Nicholas Taleb, The Bed of Procrustes: Philosophical and Practical Aphorisms
The infringements and outright destruction of our Constitutionally guaranteed freedoms, along with our ability to earn a living, over the last month, is mind boggling to anyone with a functioning brain. Luckily for the Deep State overlords running this country, decades of public-school indoctrination and tens of thousands of hours of media propaganda drilled into their brains have left the vast majority of the nation dumbed down and infantilized. They need to be told how to think and what to do.
Anyone paraded on the boob tube and proclaimed as an “expert” by the media talking heads is believed by the gullible masses. It doesn’t matter they have been proven incompetent and wrong in everything they have said and done. A crisis built upon fear of the unknown is perfectly suited for the corporate fascists to scare the sheep and herd them into pens, awaiting slaughter, with masks firmly in place.
Here’s what we know for a fact. Fauci and Birx have been government bureaucrats for decades. He has been in charge of preparing the country for infectious diseases since 1984. His organization was completely unprepared, with faulty tests and not taking the situation seriously in February. He lied about the benefits of masks, making him responsible for thousands of deaths. These two civil servants were nameless government bureaucrats two months ago and now they are medical expert superstars, even though their predictions have proven to be complete and utter bullshit.
Now they resort to rewriting history and taking credit for the far lower number of deaths than they declared a certainty two weeks ago. They are both liars and incompetent. In the real world, when we had jobs, they would be fired. But their fear mongering benefited the corporate fascists and banking cabal. They make a few hundred thousand dollars a year in their government jobs today. After this manufactured crisis ends, with the oligarchy richer and more powerful than ever, these tools will be richly rewarded with lucrative books deals, highly paid Board positions with drug companies, and paid $200,000 per speech, to executives of Wall Street banks. Ask Bernanke and Yellen about their lucrative lives after doing the bidding of the ruling elite.
“Bureaucracy is a construction by which a person is conveniently separated from the consequences of his or her actions.” ― Nassim Nicholas Taleb, Skin in the Game: Hidden Asymmetries in Daily Life
“The simpler, the better. Complications lead to multiplicative chains of unanticipated effects.” ― Nassim Nicholas Taleb, Antifragile: Things That Gain From Disorder
The combination of bureaucrats, who suffer no consequences for being unprepared, slow to react, incompetent, and consistently wrong in predicting the future, with politicians and central bankers who overreact by throwing trillions of dollars into a bottomless pit of corruption, fraud and recklessness, has caused and will cause unintended consequences that will bring the entire edifice of embezzlement crashing down. Just as the 300-page Patriot Act was sitting in a drawer waiting for the right crisis to come along, the 800-page, again ironically named, $2.2 trillion CARES Act was already written by corporate lobbyists waiting for the next crisis.
It’s a potpourri of mega-corporation goodies and bailouts for terribly run companies who spent the last decade wasting trillions of dollars buying back their stock with cheap debt provided by the Fed. The crumbs for the little people and dying small businesses is being distributed in a sloth-like manner, while the corporate and banking pigs have been gorging themselves at the government/ Fed trough for a month.
The $1,200 pittance per taxpayer and $600 unemployment supplement have yet to be disbursed, as 17 million Americans were thrown out of work by government mandate in the last three weeks. Small businesses have been taken out into a dirt field and shot in the back of the head by government bureaucrats. As usual, the SBA loan scheme has been a complete mess, with the Wall Street banks balking until they got a bigger slice of the pie and the government computer system crashing.
Filing for unemployment claims has been a torturous ordeal, as state computer systems are decades old and can’t handle the volume. But the little guy need not worry. They can keep running up their credit card balance, paying the 20% interest to JP Morgan, while Jamie Dimon and his fellow robber barons borrow at 0.25% from the Fed and sell their worthless junk bonds to Jerome and his minions for full value. It’s good to be kings of the world.
Charles Hugh Smith captures the essence of the greatest scam in the history of the world, as the Federal Reserve has gone all in, desperately attempting to delay the inevitable financial collapse of their debt ponzi scheme, so their Wall Street puppeteers can abscond with a few trillion more before pulling the plug:
“That the Fed’s pimping of asset bubbles and liquidity has created the greatest wealth inequality in a century is ignored by the self-serving, tone-deaf political/financial “leadership” because the wealth asymmetry has greatly enriched the “leaders,” their cronies and the army of technocrat flunkies who do all the real work to keep the rackets functioning. All this wealth wasn’t earned via the creation of value; it was skimmed / embezzled from the bottom 95% via high costs, junk fees, penalties, interest rates and taxes, all set by monopolies and cartels unburdened by competition, accountability or transparency.”
Anyone with a few brain cells can see the desperation of these acts, as these academics, who have never worked a day in the real world, only know how to do one thing – throw more debt at every bubble they created by throwing debt at the previous bubble they created.
The Federal Reserve has destroyed our financial markets, eliminated price discovery, rewarded the most reckless scumbags with bailouts, sold their black souls to propping up the stock market, crushed the savings of senior citizens, and have pushed income inequality to such extreme levels, they have ensured the hangry citizens of this country will eventually be coming for them with pitchforks and torches. Lampposts will be decorated with the carcasses of bankers once this financial scam implodes in a spectacular final liquidation.
In Part 2 of this article I will reflect on the absurdity of this national lockdown and ponder when this farce will end in a violent upheaval blowback in the faces of the globalists.
In Part 1 of this article I pointed out how we have allowed ourselves to be cowed by authoritarian “experts” who have proven to be nothing but incompetent and wrong every step of the way, while the financiers have used the crisis once again to pillage the citizens as they did in 2008/2009.
The absurdity of shutting down this country based on academic death models that make economist and climatologist models look highly accurate in comparison, can be seen in the ludicrousness of the following chart. And realize we did this on purpose because of a virus that will kill .018% of the U.S. population. And most of those deaths will occur in several highly dense urban enclaves, with the rest of the country barely affected.
By shutting down the country the government has crushed virtually every business in the country and putting tens of millions out of work, with resulting crash in tax revenues at the Federal, State and Local level. At the same time, Trump and everyone in Congress have become Bernie Sanders socialists, except most of it is corporate socialism. The deficit was already on track to top $1.2 trillion, but with the $2.2 trillion stimulus package, and more to come, the deficit this year and next will approach $3 trillion.
“It has been more profitable for us to bind together in the wrong direction than to be alone in the right one. Those who have followed the assertive idiot rather than the introspective wise person have passed us some of their genes. This is apparent from a social pathology: psychopaths rally followers.” ― Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable
We have allowed ourselves to be led by assertive idiots and permitted psychopaths to dominate the highest levels of government and finance. These are truly evil men with evil intentions. Power, greed and control are what drive these people. During normal times, governors of states are practically figureheads, as all they do is pass more laws and increase your taxes. It’s when we face a man made crisis like we are experiencing today, the true authoritarian nature of these petty tyrants rears its ugly head.
The reprehensible tyrannical mandates and orders being made by mostly Democrat governors across the country is a disgusting display of fascism. Their mandates violate the Constitution, but are being enforced by their police state thug instruments of force. The police will do the bidding of those who pay them, with total disregard for the Constitution or your rights. Freedom of religion, freedom of assembly, freedom of speech, and 2nd Amendment rights are being shut-down.
Pastors are being thrown in jail for daring to hold religious services. Governors are threatening religious leaders on the holiest week of the year. Police are citing or arresting citizens for swimming in the ocean, jogging on beaches, playing wiffle ball in a park with their child, daring to get on a bus without a mask, and taking unauthorized drives. Drones are being used by government tools to intimidate and threaten citizens daring to venture out of their homes.
Karens all over the country are reporting their neighbors to the police for exercising in their yards. Google and the other corporate phone companies are doing their Big Brother best to surveille and report the whereabouts of their paying customers to the government. The only difference between our addiction to technology and slavery is that slaves know they are not free. Fauci thinks it would be a good idea that we have papers indicating whether we are immune to the Chinese virus. Gates wants the country shutdown for months, until he can create a vaccine to force upon the entire world. They want to control and monitor our every movement, because they know what’s best for us. Now move along to your assigned pod.
The time is approaching when we will need to separate the wheat from the chaff. This ongoing test of character will reveal the true nature of our political, financial, corporate, religious, and neighborhood leaders. You will be able to determine what type of person they are by whether they are willing to violate moral and ethical codes to achieve their objectives. It is times like these where your true nature is revealed.
So far, virtually every national leader, and most certainly Powell, Mnuchin and Congressional leaders, have failed this test miserably. They have confirmed we are run by one party, beholden to corporate and banking interests, and perfectly willing to destroy the livelihoods of the 99.9% to keep the 0.1% enriched and empowered. The ruling class has violated every moral and ethical code known to man, and will continue to do so until they are stopped through violent means. The chaff will need to burn.
Nothing captures the true nature of our society today better than this screen shot from CNBC. Relentless stock promoter Jim Cramer is celebrating the best week in the stock market since 1938, because the Federal Reserve provided trillions of free money to Wall Street banks, so they could artificially pump stock prices, even though GDP in the 2nd quarter will plunge by 30%, corporate profits will crash, unemployment will soar to 20%, and deficits will skyrocket towards $3 trillion.
This is the disconnect between our financialized economic system, where Wall Street banks will also take advantage of plunging oil prices to siphon up the assets of bankrupt fracking companies for pennies, while 17 million Americans don’t know how they are going to pay the mortgage, rent, utilities, property taxes or food bill next week. Welcome to our dystopian nightmare, brought to you by the corporate globalist fascist party of America.
The actions taken in the last month by your government and the unelected privately owned Federal Reserve have absolutely benefited mega-corporations, Too Big to Trust Wall Street banks, billionaire hedge fund managers, and Deep State authoritarians, while throwing bread crumbs laced with cyanide to small business owners, the working class, and senior citizens. You can be sure Jamie Dimon is still playing tennis while cooped up in his $20 million Park Avenue penthouse. As Leonard Cohen sorrowfully sang: Everybody knows the ship is leaking. Everybody knows the captain lied. The poor stay poor, the rich get rich. That’s how it goes.
Everyone has seen the stories about the majority of American households unable to handle an unforeseen $500 expense. How about both parents losing their jobs because Jamie and his fellow Wall Street shysters needed a manufactured crisis as cover for their criminality. I can picture the .1%ers channeling their best Mr. Potter and calling these people lazy discontented rabble who should have saved for a rainy day, when in reality these globalists shipped their jobs to China and convinced them to load up on debt to keep up with the Joneses.
You have to break a few million eggs to make a $6 trillion bailout omelet for the ruling class. Let them eat food bank scraps after waiting three hours in a modern-day soup line. At least gas is only $2.00 a gallon, which is very concerning to president Trump. Don’t you know poor Exxon Mobil is really struggling to make ends meet at that price?
I, along with many other like minded people in this country, have been stoically living our lives, prudently managing our affairs, working and saving, not being lured into the rigged markets, preparing for the challenges we saw ahead, and viewing everything spewed by politicians or media talking heads as nothing but hot air and propaganda.
I’ve hated the road this country has been on for the last twenty years, but with the actions taken by the Fed and government in the last few weeks, they have pressed down hard on the accelerator as if they want to take the country over the cliff and into the abyss below. What is the end game to these machinations and schemes? Do they have some master plan for a global world order, or are they just arrogant psychopaths flailing about trying to retain their wealth, status and power? Whatever the purpose, it is not going to end well.
I’ve been able to live my life without much interference from the surveillance state until now. When the State purposely destroys the economy, endangering my ability to earn a living, imprisons me in my home with threat of sanctions if I don’t obey, uses technology to monitor my movements, and then throws a couple grand of my own tax money back at me as compensation to shut up and submit to their shitting on my Constitutional rights, I’ve got a problem.
I’m not willing to sacrifice my liberty and freedoms for the safety and security of a corporate fascist oligarchy disguised as a government of the people, by the people and for the people. This farce has gone on for far too long. Once we acquiesce and surrender our liberty, it can never be recovered.
There are millions of well-armed angry Americans trapped in their homes right now. The powers that be have been able to maintain the status quo by providing plentiful manufactured toxic bread products and technological circuses for masses, keeping them sedated with anti-depressants and a myriad of mindless distractions. But, taking away their livelihoods, endangering their ability to put food on the table, requiring papers to travel on the roads, and mandating quarantines and curfews at the point of a gun, are a bridge too far.
Even docile sheep will start to bite if they are starving and cornered. I know many of us feel like we are tilting at windmills, but I believe the evil men who are dictating our fates and imprisoning us in their financialized world of fraud are weaker and more desperate than they appear. At a point in the near future a few heroes will summon the fortitude to push back and ignite the patriotic spirit that founded this country – liberty or death.
“Heroes are heroes because they are heroic in behavior, not because they won or lost.” ― Nassim Nicholas Taleb, Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
With all of the incompetence and recklessness of the immense corrupt bureaucracy, ruining our lives, on full display, just as we saw in 2008/2009, what a perfect way to keep movements like the Tea Party and OWS from launching protests across the country – ban all mass gatherings “for our safety”. We know it is really about their safety. It’s almost too seamless.
Imprison people in their own homes, send them a few bucks, and force them to increase their credit card balance from $11,000 to $20,000 at 20% interest, while criminal Wall Street banks get free money from the Fed and greedy mega-corporations get bailed out en masse. The expected reaction from the prisoners is the normal wailing and gnashing of teeth about the injustice of it all, more people going Galt and retreating into their enclaves. Localism is a good thing, but there are authoritarian busybodies and control freaks in every neighborhood, so it is not the answer.
Nassim Taleb is a crotchety son of a bitch who enjoys taking down intellectual yet idiot (IYI) purveyors of bullshit and propaganda. He’s not a nice guy. Nice guys will not fare well during the coming trials and tribulations. His quote below struck a chord with me on multiple levels. Russian Roulette is a perfect analogy for everything happening in the world today. Our political and financial titans have been playing Russian Roulette with reality for decades. When you keep pulling the trigger with no negative consequences, you acquire a numbing sense of security.
Why plan properly for a potential pandemic when we haven’t had a really bad one for over a century? Why worry about debt accumulation when our glorious central bank geniuses can elevate the stock market to new highs by creating more debt and politicians can honor all their empty promises to voters by running multi-trillion-dollar deficits to infinity? Reality is vicious in the end. Our celebrated heroes of finance are going to realize too late; their seemingly low risk games will end with brain matter splattered on the wall. The question is whose brain matter.
“Reality is far more vicious than Russian roulette. First, it delivers the fatal bullet rather infrequently, like a revolver that would have hundreds, even thousands of chambers instead of six. After a few dozen tries, one forgets about the existence of a bullet, under a numbing false sense of security. Second, unlike a well-defined precise game like Russian roulette, where the risks are visible to anyone capable of multiplying and dividing by six, one does not observe the barrel of reality. One is capable of unwittingly playing Russian roulette – and calling it by some alternative “low risk” game.” ― Nassim Nicholas Taleb, Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
The Russian Roulette analogy triggered another memory from my youth – one of the most iconic scenes in movie history from the Deer Hunter. Walken and De Niro are prisoners in a Vietcong prison camp where the sadistic soldiers force the American prisoners to play Russian Roulette for money. De Niro decides he’d rather die a man than cower under the thumb of his keepers. Knowing the risk is extreme, he demands they put three bullets in the gun, taking a chance he and Walken can pull the trigger with an empty chamber. They show the kind of guts and courage which once permeated this country. After their gamble pays off, De Niro turns the gun on his captors and blows them away in a hail of bullets. Walken can’t stop bashing in the skull of one of the dead sadists.
As the evil sadists running this virtual prison camp inflict more pain and torture upon the American people, reaping all the benefits and heaping all the anguish on our shoulders, some will summon their inner De Niro and Walken, and fight back. How many remains a question. Forcing men to grovel and beg will create a blowback they don’t anticipate. The masses have obeyed and allowed themselves to be led by the ruling class establishment for decades, so those in control have grown supremely confident there is not a bullet in the chamber this time. They run this prison camp and we will do what they say and keep playing their game. Until we don’t.
Those who would give up essential Liberty,
to purchase a little temporary Safety,
deserve neither Liberty nor Safety.