At this point, the 4th turning cannot come soon enough, as long as part of the process is the rounding up of every one of these government parasites and removing them to an island where no fossil fuels or products made from fossil fuels are available. they will remain incommunicado and die swiftly making the world a far better place
I was a commercial lender in community banks in my career, later a safety and soundness bank examiner with two of the three federal agencies until 2019. While a lender I remember a lawyer in Connecticut I worked with coming out of a closing in late 2005 and saying, “I am calling it now, peak stupid. New mortgage with 90% LTV and HELOC to 125%. It’s downhill from here.” Both of us had been through late 80’s 90’s S&L meltdown. He was right. No big fish lost their Hampton home, went to jail, Paulson bailed the big guys out, the Patriot Act gets extended. Like Tom Luongo I am long Gold, Goats and Guns.
Great stuff as usual. It's going to be rough going for a while. John Hussman has said something like, When the crash comes, people will look for the trigger, but they'll have missed the bigger picture. We have so much that can go wrong all piled up together that there's no way to understand how it's all connected. You're doing an admiral job of getting a few hands on the elephant.
I've read that POW cigarette study / story before - it's fascinating. No Fed in the camps setting the the price, it just happened. Just imagine we the market decide, heaven forbid, the rate of interest ! - there'd be a payroll saving of 30000 straight away. It does make me wonder what the cigarette equivalent would be these days if the proverbial hit the fan, given that smoking isn't as pervasive - booze perhaps, maybe coffee. If we lose the grid, all bets are off.
Benz: "Because if you define democracy as being the strength of democratic institutions rather than a focus on the will of the voters, then what you're left with is essentially democracy is just the consensus building architecture within the democrat institutions themselves. [...] And that process takes a lot of time. It takes a lot of work and a lot of negotiation. From their perspective, that's democracy. Democracy is getting the ngos to agree with Blackrock, to agree with the Wall Street Journal, to agree with the community and activist groups who are onboarded with respect to a particular initiative."
The crazy switch has been stuck on '11' because, I think, the psychopaths want the US to dissolve. It would resolve a lot of pesky issues including making trillions in debt vaporize. Of course, they will try to reboot the debt slavery using some other method, CBDCs, what have you, and they will no longer be constrained by pesky human rights or laws, not that those mattered much anyway.
I'm with Dave Collum in hoping that Trump wins and goes full HAM on DC. Probably wishful thinking, but I don't see any possibility of salvaging anything worthwhile from what remains if these scumlords continue to destroy everything that makes a reasonable quality of life possible for the majority. If the entire thing is going to burn down, I want the shitheads on top of that pyre.
At this point, the 4th turning cannot come soon enough, as long as part of the process is the rounding up of every one of these government parasites and removing them to an island where no fossil fuels or products made from fossil fuels are available. they will remain incommunicado and die swiftly making the world a far better place
I was a commercial lender in community banks in my career, later a safety and soundness bank examiner with two of the three federal agencies until 2019. While a lender I remember a lawyer in Connecticut I worked with coming out of a closing in late 2005 and saying, “I am calling it now, peak stupid. New mortgage with 90% LTV and HELOC to 125%. It’s downhill from here.” Both of us had been through late 80’s 90’s S&L meltdown. He was right. No big fish lost their Hampton home, went to jail, Paulson bailed the big guys out, the Patriot Act gets extended. Like Tom Luongo I am long Gold, Goats and Guns.
Great stuff as usual. It's going to be rough going for a while. John Hussman has said something like, When the crash comes, people will look for the trigger, but they'll have missed the bigger picture. We have so much that can go wrong all piled up together that there's no way to understand how it's all connected. You're doing an admiral job of getting a few hands on the elephant.
I've read that POW cigarette study / story before - it's fascinating. No Fed in the camps setting the the price, it just happened. Just imagine we the market decide, heaven forbid, the rate of interest ! - there'd be a payroll saving of 30000 straight away. It does make me wonder what the cigarette equivalent would be these days if the proverbial hit the fan, given that smoking isn't as pervasive - booze perhaps, maybe coffee. If we lose the grid, all bets are off.
Benz: "Because if you define democracy as being the strength of democratic institutions rather than a focus on the will of the voters, then what you're left with is essentially democracy is just the consensus building architecture within the democrat institutions themselves. [...] And that process takes a lot of time. It takes a lot of work and a lot of negotiation. From their perspective, that's democracy. Democracy is getting the ngos to agree with Blackrock, to agree with the Wall Street Journal, to agree with the community and activist groups who are onboarded with respect to a particular initiative."
----
Succinct, accurate, depressing.
the ancient aliens bank of america meme made me lol
The average net worth of me, Elon Musk, and Jeff Bezos is around $136 billion. The median is $194 billion.
What are you going to do with all that money Rudy?
The crazy switch has been stuck on '11' because, I think, the psychopaths want the US to dissolve. It would resolve a lot of pesky issues including making trillions in debt vaporize. Of course, they will try to reboot the debt slavery using some other method, CBDCs, what have you, and they will no longer be constrained by pesky human rights or laws, not that those mattered much anyway.
I'm with Dave Collum in hoping that Trump wins and goes full HAM on DC. Probably wishful thinking, but I don't see any possibility of salvaging anything worthwhile from what remains if these scumlords continue to destroy everything that makes a reasonable quality of life possible for the majority. If the entire thing is going to burn down, I want the shitheads on top of that pyre.