“Poor Morpheus, without him, we are lost”. The Matrix. Thanks for being our Morpheus - Speaking against the sea of societal lies that are absorbed so willingly by the misinformed
"By my reckoning, the solidly reality-based are a minority, maybe a third of us but almost certainly fewer than half. Only a third of us, for instance, don’t believe that the tale of creation in Genesis is the word of God. Only a third strongly disbelieve in telepathy and ghosts. Two-thirds of Americans believe that “angels and demons are active in the world.” More than half say they’re absolutely certain heaven exists, and just as many are sure of the existence of a personal God—not a vague force or universal spirit or higher power, but some guy. A third of us believe not only that global warming is no big deal but that it’s a hoax perpetrated by scientists, the government, and journalists. A third believe that our earliest ancestors were humans just like us; that the government has, in league with the pharmaceutical industry, hidden evidence of natural cancer cures; that extraterrestrials have visited or are visiting Earth. Almost a quarter believe that vaccines cause autism, and that Donald Trump won the popular vote in 2016. A quarter believe that our previous president maybe or definitely was (or is?) the anti-Christ. According to a survey by Public Policy Polling, 15 percent believe that the “media or the government adds secret mind-controlling technology to television broadcast signals,” and another 15 percent think that’s possible. A quarter of Americans believe in witches. Remarkably, the same fraction, or maybe less, believes that the Bible consists mainly of legends and fables—the same proportion that believes U.S. officials were complicit in the 9/11 attacks."
The people described above are not the ones running the Federal Reserve. It's like worrying about jaywalkers, as serial killers not only roam free, but are idolized and promoted. The Atlantic Magazine put Ben Bernanke on their cover with the giant word "HERO." Pick the right people to be angry at.
Emperor's mark to market...2 yr went from 0.20 to 2.80 in 9 months, 10 yr 1.20 to 3.20...that would be one spicy markdown on 9 Trillion. Will be also interesting to see what happens to the Fed's annual ~$100B remittances to Treasury. Tricky business, this government finance.
"…we live in the post truth society where what matters increases not the truth but what people say is the truth." As you wrote, at this point, this is true of virtually everything in our collective lives. I often feel discouraged as well.
Another great article. Thank you 😊
Thank you
As always thanks Rudy and God bless!
And thanks for the link. Brilliant
“Poor Morpheus, without him, we are lost”. The Matrix. Thanks for being our Morpheus - Speaking against the sea of societal lies that are absorbed so willingly by the misinformed
great "thread" ;)
From https://www.theatlantic.com/magazine/archive/2017/09/how-america-lost-its-mind/534231/
"By my reckoning, the solidly reality-based are a minority, maybe a third of us but almost certainly fewer than half. Only a third of us, for instance, don’t believe that the tale of creation in Genesis is the word of God. Only a third strongly disbelieve in telepathy and ghosts. Two-thirds of Americans believe that “angels and demons are active in the world.” More than half say they’re absolutely certain heaven exists, and just as many are sure of the existence of a personal God—not a vague force or universal spirit or higher power, but some guy. A third of us believe not only that global warming is no big deal but that it’s a hoax perpetrated by scientists, the government, and journalists. A third believe that our earliest ancestors were humans just like us; that the government has, in league with the pharmaceutical industry, hidden evidence of natural cancer cures; that extraterrestrials have visited or are visiting Earth. Almost a quarter believe that vaccines cause autism, and that Donald Trump won the popular vote in 2016. A quarter believe that our previous president maybe or definitely was (or is?) the anti-Christ. According to a survey by Public Policy Polling, 15 percent believe that the “media or the government adds secret mind-controlling technology to television broadcast signals,” and another 15 percent think that’s possible. A quarter of Americans believe in witches. Remarkably, the same fraction, or maybe less, believes that the Bible consists mainly of legends and fables—the same proportion that believes U.S. officials were complicit in the 9/11 attacks."
The people described above are not the ones running the Federal Reserve. It's like worrying about jaywalkers, as serial killers not only roam free, but are idolized and promoted. The Atlantic Magazine put Ben Bernanke on their cover with the giant word "HERO." Pick the right people to be angry at.
The FED frontrunners are the Mandarins h/t Ben Hunt
This. How we live in a Golden Age of Fraud
This is actually a way better platform than twitter for you.
Well said RH xxx
Thanks for continuing to share your wit with the world, rudy. Great commentary as always
Thank you
Yes
Emperor's mark to market...2 yr went from 0.20 to 2.80 in 9 months, 10 yr 1.20 to 3.20...that would be one spicy markdown on 9 Trillion. Will be also interesting to see what happens to the Fed's annual ~$100B remittances to Treasury. Tricky business, this government finance.
"…we live in the post truth society where what matters increases not the truth but what people say is the truth." As you wrote, at this point, this is true of virtually everything in our collective lives. I often feel discouraged as well.
Well done.