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[Markets] Doug Casey On How Marxists Captured The Universities And Will Soon Capture The Nation Doug Casey On How Marxists Captured The Universities And Will Soon Capture The Nation

Authored by Doug Casey via,

International Man: Communist and socialist ideas are growing in popularity among the millennial and Gen Z generations. In fact, the majority of young people dislike capitalism and favor a more socialist or even a communist economic system.

This is evidenced by the rise of politicians like Alexandria Ocasio Cortez (AOC) and The Squad.

What’s your take on this?

Doug Casey: The youth are being corrupted, and it’s more serious than ever. Although I say that a bit tongue-in-cheek since people have probably thought the youth were becoming degenerate since about day one.

For instance, one of the two charges against Socrates when he was executed in Ancient Greece was corrupting the youth. Older people always think the youth are foolish, ignorant, lazy, crazy and generally taking the world to hell in a handbasket. And, of course, many of their charges are, and always have been, true.

But as kids get older, they generally get wiser, more knowledgeable, harder-working, and more prudent—nothing new here. The world has survived roughly 250 new generations since civilization began in Sumer 5,000 years ago. And it will likely survive this one too.

That’s the bright side. And, as you know, I always look on the bright side. But, on the other hand, the American university system has been totally captured by Cultural Marxists, socialists, statists, collectivists, promoters of identity politics, and people of that ilk. These people hate Western Civilization and its values and are actively trying to destroy them. My view is that this challenge is perhaps the most serious we’ve ever encountered, and the dangers are greatly amplified by advancing technology.

International Man: What role are Western universities playing? How is this shaping current and future generations?

Doug Casey: Universities have been totally transformed in many ways over the past century, and it’s been for the worst in every instance. When the average 18-year-old goes to college, he knows very little about how the world works in general. He’s got vague ideas he picked up mostly from TV, movies, and people who got a job teaching high school. They know basically nothing about economics, government, or history. Worse, what they think they know is mostly wrong.

That makes them easy prey for professors with totally bent views to indoctrinate them.

It’s not so much that they’re taught inaccurate facts. There are plenty of “factoids” (artificial facts), of course—like the War Between the States (which shouldn’t be called the Civil War) was mainly fought to free the slaves. Or that Keynesian economics is correct. Or that the US is a democracy ruled by “We the People.” And many, many more. But that’s just part of the problem.

It’s not just the factoids they’re taught. It’s the way the schools interpret actual facts and the kind of meaning they infuse into events. The “why?” of events is twisted, and concepts of good and evil are perverted. The education system has been almost completely captured by Marxists and other leftists. They’re in a position to indoctrinate the youth, and they use that power to the maximum. Once a kid’s thoughts are bent—much the way a tree can be bent as a sapling—in one direction or another, it’s very hard to straighten them out.

Of course, that leads to the question of whether the youth should be directed one way or another in the first place. Which values are “right” or “wrong?” I certainly have views on that subject, but this isn’t the place to go into them—beyond saying that basic values are too important to be left to random government employees.

The real problem, however, is that today’s education does not teach critical thinking. Rather just the opposite is true. Students are taught blind acceptance of what’s currently considered politically correct.

Instead of questioning authority in a peaceful and rational manner—which is what Socrates did—the current idea is to prevent any divergent views from even being discussed. The professors are basically all socialists, and the kids tend to believe what they’re taught. Those views are reinforced by the other sources of information surrounding them—Hollywood, mass media, and the government itself.

Destructive ideas usually start with “intellectuals.” Intellectuals typically despise business, commerce, and production, and they envy the money the capitalists have. Intellectuals feel they’re not only smarter but also much more moral than business people. That gives them the right, in their own eyes, to dictate to everyone else. They’re usually socialists, and approve of “cadres” like themselves, ordering everyone else around. Intellectuals naturally gravitate to the universities, where they’re paid to hang out with each other, be lionized by kids, and hatch goofy ideas.

This has always been the case. But it’s become a much bigger problem than in the past, partly because a much, much higher percentage of kids go to college now than ever before. Even in the recent past, at most five or 10 percent of kids went to college. These days, almost everybody goes, and a much higher proportion of the youth are being infected with leftist memes than ever before.

Some kids will grow out of it and realize that most of what they’ve paid an exorbitant amount of money to learn is nonsense. But most will reflexively defend what they were taught in the cocoon. And I’m afraid those people now make up a big chunk of the U.S. population.

Kids who are polled say that they think socialism is good.. I suspect the polls are accurate. And even if they don’t think it, almost all of them feel it—although few know the difference between thinking and feeling … If you’re brought up thinking that the values of socialism and the welfare state are good, and everyone around you believes in them, the chances are you will too.

International Man: What are your thoughts on the emphasis on identity politics and the concept of “white privilege?”

Doug Casey: Identity politics is essentially the idea that a person is first and foremost a member of some race or ethnicity and only secondarily an individual. In recent years, most people have been indoctrinated indirectly and directly, subtly and overtly, to believe white people and the civilization they created are bad. The meme is everywhere. They’ve come to believe Western Civilization is a bad thing and that white people are destroying the world.

Even if they don’t want to believe it because the concept is so stupid and so utterly contrafactual, they end up accepting it just because they’ve heard it over and over. Propaganda works. Memes that originated with intellectuals in universities have thoroughly infiltrated the mass media and the entertainment industry. It’s perverse how today’s “thought leaders” overwhelmingly think the same thing.

There’s been no defense at all—forget about a counterattack—from so-called capitalists and business leaders. All they’re interested in is making money. In fact, they not only accept the ideas but contribute money to the causes of their enemies, idiotically thinking that virtue-signaling will placate them. It’s an unfortunate fact that business people, especially the suits managing large corporations, don’t really care how they make money. They tend to be completely amoral or immoral philistines and political hacks. They look like hypocrites and are (correctly) held in contempt by the intellectuals. The corporate types are happy to work with and for their counterparts in government, which is exactly what the fascism of Mussolini advocated. They self-righteously make charitable contributions to universities and NGOs, subsidizing the source of the poison.

There’s almost no defense of the ideas that brought us Western Civilization, which is responsible for just about everything that’s good in the world. I’m not kidding when I make that assertion. With the exception of a few anomalies like Taoism, martial arts, yoga, and Oriental cooking, East minus West equals zero. Without it, the whole world would resemble Africa, Cambodia, or Mongolia—not even today, but 200 years ago. Ideas like individualism, freedom of thought, freedom of speech, science, rationality, and capitalism are products of Western Civilization. These concepts no longer have any defenders anywhere. They’re under attack everywhere.

International Man: What do you think the impact of this will be on the markets and the economy?

Doug Casey: I’m bearish, especially for the near term since actual Jacobins are in charge in Washington.

How can the markets be healthy when what passes for a ruling class in the West actually hate themselves and middle class is collapsing economically and psychologically? When, political entrepreneurship is valued more than making money through production, When the currency is being actively destroyed to prop up what has become a very corrupt political system?

In fact, the economy and the markets are the least of our problems. The very foundation of civilization itself is under attack. The widespread acceptance of destructive statist and collectivist ideas is serious. The consequences will be the same here as they were in Russia under the Soviets, in Germany under the Nazis, and in China under Mao. The situation may be even more serious since the idea of Western Civilization itself is under serious attack in the U.S., which has been the bulwark for the last century.

So, excuse my bearishness, but I think it’s warranted.

*  *  *

Unfortunately, there’s little any individual can practically do to change the course of these trends in motion. The coming economic and political crisis is going to be much worse, much longer, and very different than what we’ve seen in the past. That’s exactly why New York Times best-selling author Doug Casey and his team just released an urgent new video Doug Casey’s Top 3 Secrets to Survive and Thrive During a Dollar Crisis. It explains what’s to come and exactly what you should do to protect yourself. Click here to watch it now.

Tyler Durden Wed, 12/29/2021 - 18:50
Published:12/29/2021 6:07:42 PM
[] Third Worldizing America Published:12/2/2021 9:26:13 AM
[World] [Josh Blackman] Why Aren't Texas Abortion Providers Actively Resisting S.B. 8? The intervenors argue that the abortion providers "fear" the Court will overrule Roe and Casey. Published:10/21/2021 9:43:29 PM
[] Quick Hits Casey DeSantis, First Lady of the Free State of Florida, has been diagnosed with breast cancer. Must be because of DeathSantis' anti-masking policies. "I am saddened to report that Florida?s esteemed First Lady and my beloved wife has been diagnosed... Published:10/4/2021 4:30:08 PM
[In The News] Florida First Lady Casey DeSantis diagnosed with breast cancer

by Gary Rohrer -

Florida First Lady Casey DeSantis has breast cancer, Gov. Ron DeSantis announced Monday. “I am saddened to report that Florida’s esteemed First Lady and my beloved wife has been diagnosed with breast cancer,” DeSantis stated in a news release. “As the mother of three young children, Casey is the centerpiece …

Florida First Lady Casey DeSantis diagnosed with breast cancer is posted on Conservative Daily News - Where Americans go for news, current events and commentary they can trust - Conservative News Website for U.S. News, Political Cartoons and more.

Published:10/4/2021 1:55:45 PM
[Markets] David Stockman On The Banking Ponzi Scheme That's Savaging Depositors David Stockman On The Banking Ponzi Scheme That's Savaging Depositors

Authored by David Stockman via,

The toxic effects of the Fed’s relentless interest rate repression are many, but among the worst has been the absolute savaging of bank depositors.

Interest rates on 12-month CDs (under $100,000) dropped below the inflation rate in October 2009 and have been pinned there ever since.

There is no other word for this than “expropriation” — an unconstitutional taking of property from tens of millions of households that needed to keep their funds liquid and didn’t wish to roll the dice in the junk bond market or stocks.

Worse still, the resulting vast transfer of income from depositors to banks has resulted in an egregious, artificial ballooning of bank profits and stock prices.

For instance, the combined market cap of the top six US banking institution — JP Morgan, Bank of America, Citigroup, Wells Fargo, Morgan Stanley and Goldman Sachs — has risen from $200 billion at the bottom of the financial crisis during the winter of 2008-2009, where it reflected their true value absent government bailouts, to $1.5 trillion recently.

That 7.5X gain, which was 100% orchestrated by the Fed, is an unspeakable gift to the wealthy who own most of the stocks and especially to top bank executives who have cashed-in on vastly appreciated options.

Needless to say, this massive bubble in banks and other financial stocks is unsustainable. When the Fed is finally forced to shut down its printing presses, the bank stocks will be among the first to dive into the abyss.

While this might represent condign justice from a policy and equitable point of view, the extent of the harm to everyday Americans cannot be gainsaid.

That’s because Wall Street is going for one more bite at the apple, claiming that the currently accelerating rate of inflation is good for bank stocks.

Consensus stock price forecasts for JPMorgan are up 20% by 2023 and for Goldman Sachs by 70%.

Needless to say, this is just another 11th hour lure from big money speculators looking to unload vastly overvalued stocks on unwary retail investors.

Accelerating inflation supposedly portends higher growth and loan demand, but that’s a complete humbug because what we actually see in the market is stagflation. And that will cap loan demand even as it squeezes net interest margins, causing bank earnings to fall big time.

The impending demise of bank stocks is implicit in the manner in which the $1.5 trillion scam currently reflected in the bloated market cap of the Big Six institutions came about. The Fed dominates especially the front-end of the yield curve and will bring no interference from market forces — so the screaming injustice depicted below is its deliberate handiwork.

On average, the after-inflation yield during the 11-year period was -1.40%.

Inflation-Adjusted Net Interest Margin of Banks Versus Real Returns On One-Year CDs, 2009-2021

Upwards of one-fifth of the real wealth of depositors has been seized by Fed-enabled bankers during the last decade alone.

We doubt whether a more perverse reverse Robinhood redistribution could be imagined.

The Fed policy has literally turned everyday depositors (black bars) into the indentured financial serfs of the banking system (red bars).

Cumulative Change in CD Rates, Total Bank Assets and Bank Net Interest Margin, 2009–2021

The chart above is indexed to Q4 2009 levels and shows that over the last 11-year period:

  • CD yields fell by 75%;

  • Bank net interest margins dropped by 19%;

  • Total Bank assets soared by 79%.

Needless to say, the above combination did wonders for bank profitability.

On the one hand, the Fed’s money-pumping fostered an eruption of debt and other securities issuance. The aggregate balance sheets of the nation’s banks, therefore, expanded from $11.8 trillion to $21.1 trillion of total assets during the period.

Even with lower interest rates and yields on these assets, total bank interest income rose from $545 billion in 2009 to $576 billion during the last twelve months period ending in March 2021.

On the other hand, the rates banks paid depositors plunged by 50-75% depending upon deposit type and size.

In a word, the nation’s bankers not only emerged unscathed from the Great Financial crisis owing to the Washington and Fed bailouts, but during the following decade surely believed they had died and gone to bankers’ heaven.

For essentially doing nothing other than scooping up their share of the tsunami of corporate and government debt and collecting nearly cost-free deposits, the net margin of the banking system rose by $122 billion per annum or 30%.

The chart below shows this ill-gotten profit gain on a quarterly basis.

Eruption of Bank Net Interest Margin, 2009–2021

Not in a million years would this have happened under a regime of sound money and honest free market pricing in the money and capital markets.

*  *  *

The economic trajectory is troubling. Unfortunately, there’s little any individual can practically do to change the course of these trends in motion. The best you can and should do is to stay informed so that you can protect yourself in the best way possible, and even profit from the situation. That’s precisely why bestselling author Doug Casey and his colleagues just released an urgent new PDF report that explains what could come next and what you can do about it.

Click here to download it now.

Tyler Durden Mon, 10/04/2021 - 13:45
Published:10/4/2021 12:56:14 PM
[Politics] First Lady of Florida diagnosed with breast cancer Casey DeSantis, the First Lady of Florida and wife of Governor Ron DeSantis, has just been diagnosed with breast cancer: FOX NEWS – Casey DeSantis, the wife of Gov. Ron DeSantis of . . . Published:10/4/2021 10:56:24 AM
[Markets] 'Nasser Was Not An Outlier' - Exposing The FBI's Incurable Rot 'Nasser Was Not An Outlier' - Exposing The FBI's Incurable Rot

Authored by Julie Kelly via American Greatness (emphasis ours),

The incurable incompetence, corruption, and moral rot of the Federal Bureau of Investigation was on full display last week.

Within a 24-hour period, some of America’s toughest female athletes recounted to a Senate committee their painful tales of how the FBI ignored evidence that team doctor Larry Nassar was a sexual predator, and a powerful attorney who colluded with the FBI to concoct one of the most animating chapters of the Trump-Russia collusion fiction was indicted for lying to federal officials.

Overlap in the two cases is more than ironic, it’s illustrative: Michael Sussman, a lawyer for Perkins Coie, the law firm that was working on behalf of the Hillary Clinton campaign, met with the FBI’s general counsel in September 2016 to plant a false story about Donald Trump’s financial ties to a Russian bank. That same month, the Indianapolis Star broke the story of how Nassar, the longtime physician for the USA Gymnastics team, had sexually abused several female gymnasts. One victim filed a lawsuit after the FBI refused to investigate complaints made to at least two FBI field offices in 2015 and 2016.

But the FBI at that time was too preoccupied with protecting Hillary Clinton to deal with a monster who had systematically raped nearly 300 female American athletes. (As Lee Smith recently noted, the FBI “has been used for a quarter of a century as the place to clean up the Clintons’ dirt.”)

Months before the 2016 presidential election, the FBI, led by James Comey, used its unchecked authority to sabotage Donald Trump. Meanwhile, elite American athletes, including Olympic gold medalists, could not get the bureau’s attention while a sexual abuser continued his rampage. Local FBI agents passed the buck and allegedly falsified reports; one agent reportedly tried to shake down a USA Gymnastics official for a job with the organization.

The FBI’s political game-playing came with irreversible human cost. According to an analysis by the New York Times, at least 40 women and girls, including some of the youngest victims, were assaulted by Nassar between July 2015, the first contact with the FBI, and September 2016. Had the Star not published its exposé of Nassar that month, which finally prompted some action by the FBI, who knows how long his depraved predation would have continued?

“If they’re not going to protect me, I want to know, who are they trying to protect?” McKayla Maroney, a two-time Olympic medalist and one of Nassar’s most frequent victims, asked the Senate Judiciary Committee on September 15.

Maroney may or may not be surprised to learn the agency assigned with protecting the most vulnerable is actually in the business of protecting the most powerful.

Nasser Was Not an Outlier

FBI Director Christopher Wray, hired by President Trump in 2017, publicly apologized. The “fundamental errors” made in the Nassar case, Wray told the judiciary committee, would not happen again as long as he’s head of the agency. “I want to make sure the American people know that the reprehensible conduct . . . is not representative of the work that I see from our 37,000 folks every day.” The rank-and-file, Wray insisted, perform their jobs with “uncompromising integrity.”

But Wray is wrong to claim that the Nassar case is an outlier. From the top of the command chain down, the FBI has trashed its reputation through a series of scandals. It’s not just the alarming texts between spousal cheats Peter Strzok and Lisa Page; the ambush of Lt. General Michael Flynn in the White House; Comey’s use of the shady Steele dossier to set up Donald Trump; or Andrew McCabe’s lies to his own FBI investigators.

It’s not just the other set of “errors”—17 to be exact—found in the FBI’s four unlawful FISA applications on former Trump campaign adviser Carter Page. Or the official email doctored by a top FBI lawyer cited as evidence on one of the applications. Or the fact that no one in the agency has gone to jail for perpetrating one of the greatest frauds in history on the American people.

As seen in the alleged plot to kidnap Michigan Governor Gretchen Whitmer, lowlifes populate the FBI’s rank-and-file. Richard Trask, the special agent in charge of the investigation, was arrested in July for physically assaulting and choking his wife after attending a swinger’s party. Trask was fired this month; he faces numerous criminal charges. Prosecutors decided not to use Trask as a witness after his social media account revealed numerous anti-Trump posts, including calling the president a “piece of shit.”

Defense attorneys in the Whitmer case asked the judge to delay trial for 90 days as they investigate the conduct of at least a dozen other FBI agents involved in the conspiracy. The FBI gave one informant $24,000 and a new car for his services.

Wray brags that every FBI field office is participating in the Justice Department’s “unprecedented” investigation into the breach of the Capitol. But reports of how his agents have handled more than 600 arrests do little to support Wray’s assurances of professional “integrity.” Defendants have been subjected to pre-dawn raids conducted by dozens of armed agents using military-style vehicles. I spoke with the spouse of one defendant who told me agents interrogated her about what cable news channel she watched, her views on illegal immigrantion, and who she voted for in 2020.

The FBI raided the home of an Alaska couple then handcuffed and interrogated them in separate rooms for hours until investigators realized they had the wrong suspects. A 69-year-old man in New York City suffered a heart attack as FBI agents raided his apartment with a television news crew standing by; the man never was charged. FBI agents arrested a Florida man in front of his wife and young daughter, who asked why officers were “locking daddy’s hands.” Casey Cusick was charged only with misdemeanors for entering the Capitol on January 6.

Agents seized as evidence a Lego set of the Capitol building during the raid of Robert Morss, an Army ranger with three tours in Afghanistan. Far from nefarious intent, Morss had the Lego set to use with his students as a substitute high school history teacher. (He was fired after his arrest.)

And those are just a few stories.

No Accountability

Wray picked up where Comey left off, allowing his agency to be part of Democratic Party political spin. He recently issued a “threat assessment” on QAnon and disclosed that the FBI so far has arrested at least 20 “self-styled QAnon adherents” related to the Capitol breach investigation. Wray designated January 6 as an act of “domestic terror” and his agency regularly tweets out the faces of “most wanted” Trump supporters who were at the Capitol on January 6.

Infuriatingly, Wray fired only one agent involved in the Nassar fiasco—and the man was fired the week before the Senate hearing, six years after he first interviewed Maroney. “Someone perhaps more cynical than I would conclude it was this hearing here staring the FBI in the face that prompted that action,” Senator Richard Blumenthal (D-Conn.) said to Wray.

But what ails the FBI cannot be solved with a few firings. It cannot be solved with more congressional oversight or threats to cut federal funding. The moral rot that infects the agency from top to bottom renders the agency unsalvageable. 

“This conduct by these FBI agents . . . who are expected to protect the public is unacceptable, disgusting, and shameful,” Maggie Nichols, the gymnast who first reported Nassar’s crimes to the FBI, told the committee.

Her description, however, applies to the entire FBI—an institution with no shame, no remorse, and no accountability. There’s no fix for that.

*  *  *

About Julie Kelly

Julie Kelly is a political commentator and senior contributor to American Greatness. She is the author of Disloyal Opposition: How the NeverTrump Right Tried?And Failed?To Take Down the President.

Tyler Durden Tue, 09/21/2021 - 20:05
Published:9/21/2021 7:29:07 PM
[Markets] What They Really Mean When They Say "Do The Right Thing" What They Really Mean When They Say "Do The Right Thing"

Authored by Casey Carlisle via The Mises Institute,

As a senior in high school, I ran for class president with “Do the right thing” as my campaign slogan.

Though I realized years ago how utterly pretentious that message is, I’m often reminded that it’s good politics, which proves the point that politics is poison.

To vote for someone else is to “do the wrong thing,” and you don’t want to be a bad person, do you? It’s a sinister trick that comes in many phrases—all of which are highly effective in duping the majority—yet democracy is still deified. Just as “the science” insults the scientific method, “the right thing” has the capacity to reduce peaceful interactions. How can “the right thing” be peaceful if it isn’t consensual? If the “right” thing is imposed, the thing is wrong.

Why would “the right thing” require blind obedience? If the thing were right, dissenters wouldn’t be punished. Accepting that I was arrogant to tell my senior class what is or isn’t right, imagine the hubris required to dictate morality to a third of a billion Americans.

The US president recently chastised certain governors who “aren’t willing to do the right thing to beat this pandemic,” but why does the Biden regime presume to know what’s right for, say, Texans? First of all, pandemics are “beaten” only when they become endemic. Yes, involuntary (read: “political”) action can hasten that process, but at what cost? Those who answer that question with “at any cost” are the same people who would be mortified if vaccines were banned. These people see the horrors of depriving choice only when the choice is their own, illustrating why politics brings out the worst in people. Their childish and violent aspirations, if acted upon, are punishable by imprisonment, but through politics, “the right thing” is legal and enforced. Democracy tends to legalize immorality, which is bolstered by the inability to discuss tradeoffs—the best indicator of mass hysteria.

When I “served” in Afghanistan, my boss would occasionally invite the religious to pray with him prior to executing a mission. He would ask God to help his men and to hinder the enemy—whom he deemed “pure evil”—without ever appearing to think that the Taliban were likely saying the same prayer and calling us evil. It’s as if both sides were begging God to do the right thing, and over a decade later, the absurdity still bemuses me. Who can argue that twenty years of imposing democracy on a country that doesn’t want it was the right thing to do, especially after twenty years’ worth of resources were nullified in a week? War crimes or crimes against humanity began with those committing them first rationalizing them. Though the murderers might not have deemed their actions “right,” they acted anyway, because they were “just following orders.” But what of those issuing the orders, the sociopaths who believe they can define “the greater good” without the knowledge of the greater population? History repeats itself, and that too many have dismissed that fact as “pessimistic” is one of the reasons why we can’t wake from this dystopian nightmare. Is it not reasonable to expect something catastrophic to unfold when the demagogue defines the right thing?

I argued in April and November of last year that top-down edicts render useless the levels of government between the rulers and the individual. Due to proximity alone, the governor can better “serve” the individual than can the president, the county commissioner than can the governor, and the mayor than can the commissioner. Has the Biden regime forgotten that this country was founded by people who didn’t take kindly to distant rulers? American defiance is a thing of the past, but isn’t it in the parasites’ best interest to keep it there? Consenting individuals can best agree on the right thing, and the politicians lording over them are supposed to prohibit others from interfering; however, as the ongoing (and worsening) mass psychosis makes clear, each level of government only partitions, persecutes, and parasitizes individuals. It’s as if the Biden regime and every governor and bureaucrat suffering from the same delusions are doing all they can to foment violence. In October of 2020, one political party thought that the right thing to do was to refuse the then upcoming vaccine, but today, that same political party openly and sometimes joyously declare their disdain for anyone who decides what’s right for themselves so long as “right” counters the prevailing ideology. If that won’t convince you that politics is poison, I don’t know what will.

Here’s what doing the right thing actually entails: do whatever makes you feel comfortable so long as you aren’t imposing your will (or cowardice) on others. And for fans of brevity, I’ve heard that “mind your own business” is tried and true. Every American who wants to be vaccinated has the opportunity to be. The vaccinated have no moral authority to protect the unvaccinated from themselves. Every parent who wishes to abuse their child by forcing them to wear a mask has that right, but no one will force me to muzzle my three-year-old. If masks are as effective as the staunch covidians claim, why does the sight of an uncovered smile enrage the masked? That it does is the problem of those who obsequiously muzzle themselves, not of anyone else. Labeling the unmasked and unvaccinated “selfish” is nothing but pure projection. Have you noticed that those who might as well have “inclusion” tattooed on their foreheads are the same people who wish to exclude anyone who doesn’t buy into the hype?

Conform to the insanity or else!”

After all, “the right thing” is “for your own good.”

That’s not compassion; that’s totalitarianism. Bullies don’t grow tired of bullying; they stop bullying only when shown that ceasing their antisocial behavior is in their best interest. It’ll get uncomfortable, but if you hope to ever pursue what you deem right, it’s well past time to stand up to the vicious mob.

Tyler Durden Fri, 09/17/2021 - 17:40
Published:9/17/2021 4:51:22 PM
[Markets] Quantitative Brainwashing Quantitative Brainwashing

Authored by Jeff Thomas via,

We’re all familiar with the term, “quantitative easing.” It’s described as meaning, “A monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money supply.”

Well, that sounds reasonable… even beneficial. But, unfortunately, that’s not really the whole story.

When QE was implemented, the purchasing power was weak and both government and personal debt had become so great that further borrowing would not solve the problem; it would only postpone it and, in the end, exacerbate it. Effectively, QE is not a solution to an economic problem, it’s a bonus of epic proportions, given to banks by governments, at the expense of the taxpayer.

But, of course, we shouldn’t be surprised that governments have passed off a massive redistribution of wealth from the taxpayer to their pals in the banking sector with such clever terms. Governments of today have become extremely adept at creating euphemisms for their misdeeds in order to pull the wool over the eyes of the populace.

At this point, we cannot turn on the daily news without being fed a full meal of carefully-worded mumbo jumbo, designed to further overwhelm whatever small voices of truth may be out there.

Let’s put this in perspective for a moment.

For millennia, political leaders have been in the practice of altering, confusing and even obliterating the truth, when possible. And it’s probably safe to say that, for as long as there have been media, there have been political leaders doing their best to control them.

During times of war, political leaders have serially restricted the media from simply telling the truth. During the American civil war, President Lincoln shut down some 300 newspapers and arrested some 14,000 journalists who had the audacity to contradict his statements to the public.

As extreme as that may sound, this practice has been more the rule in history than the exception.

In most countries, in most eras, some publications go against the official story line and may very well pay a price for doing so. But, other publications go along with the official story line to a greater or lesser degree and are often rewarded for doing so.

It should come as no surprise, then, that media outlets often come to report the news in a less than accurate manner.

Mark Twain is claimed to have said, “If you don’t read the newspaper, you’re uninformed. If you do read the newspaper, you’re misinformed.” Quite so.

Still, only fifty years ago, much of the then “Free World” enjoyed a relatively objective Press. Even on television, reporters such as Walter Cronkite, Huntley and Brinkley, etc. presented the news in a bland manner. It wasn’t very exciting, but at least it was relatively balanced and, to this day, most people who were around then still have no idea as to whether reporters like Walter Cronkite were liberal or conservative. Although he was a committed Democrat, he never allowed that to significantly colour his reporting.

But today, we have a very different corporate structure as regards the media. The same six corporations hold the controlling interest of over 80% of the media. And those same corporations also own a controlling interest in the military industrial complex, Wall Street, the major banks, Big Pharma, etc.

What we’re witnessing today is media having been transformed into something more akin to a three-ring circus than journalism of old. This is no accident.

The present travesty that is the 21st century media, is journalism in name only.

So, why should this be so?

Well, as it happens, people tend not to like governments dominating their lives – simple as that.

And yet, the primary objective of any government is to increase its size and power as rapidly as the populace will tolerate it. The only reason that they rarely do this quickly, is that they can’t get away with it. Like boiling a frog, it takes time to lull the populace into submission, bit by bit.

Once having had enough time to do so, there comes a point at which the government becomes woefully top-heavy, as well as unworkably autocratic. At such times, all that’s necessary to make people rebel is an economic crisis.

Such is the case in much of the world today – the EU, the US, Canada, etc.. Even in their arrogance, the powers that be have to be aware that they’re right at the tipping point. An economic crisis would almost certainly push the situation over the edge.

When truth threatens to undermine machinations for self-aggrandizement, individuals tend to obfuscate in order to delay the inevitable fallout. Governments are no different.

So it was that, in 1999, the largest banks entered into a massive lending scam that would most certainly collapse within a decade. However, before putting the scam in place, they arranged for a “bailout” by the government, which would effectively pass the bill to the taxpayer, while the banks themselves simply increased their own wealth massively.

Of course, QE, as massive as it was, was a mere Band-Aid solution. All those involved (big business and the government) understood that it would hang like a sword of Damocles over the economy until it inevitably came crashing down – a fate far worse than if QE had never been implemented.

And so, for those entities to have invested into the domination of the media was, in fact, essential. Had they not done so, it’s entirely likely that, with a free press, the man on the street would, by now, have figured out that he’d been hoodwinked.

Thus do we see the journalistic equivalent of Quantitative Brainwashing, in which the inevitable realization is delayed for as long as possible.

And, in order to make sure that the public do not figure out what’s been done to them, the news reporting becomes Orwellian in its endless repetition of a false narrative.

It is, however, true that, “You can’t fool all of the people all of the time.” Eventually, the Band-Aid peels back to reveal an infection that’s far beyond what had been generally perceived. It then falls away in layers, as increasing numbers of people become aware that they’ve been scammed – that the media is entirely corrupt and that the media’s owners – big business - have, with the enthusiastic compliance of the government, robbed them on a wholesale basis.

Historically, that’s when the jig is up. What happens then is a matter of historic record.

*  *  *

It’s clear the Fed’s money printing is about to go into overdrive. The Fed has already pumped enormous distortions into the economy and inflated an “everything bubble.” The next round of money printing is likely to bring the situation to a breaking point. We’re on the cusp of a global economic crisis that could eclipse anything we’ve seen before. That’s precisely why bestselling author and legendary speculator Doug Casey just released this urgent video. Click here to watch it now.

Tyler Durden Thu, 09/02/2021 - 20:40
Published:9/2/2021 8:02:36 PM
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