Author Archives: Reid Mukai

Reactions to the Corona Virus Hint of a Wider Agenda

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By James O’Neill

Source: Land Destroyer

The western world has gone into a phase of unprecedented lockdown. Major airlines have ceased international operations. It is an open question is to whether or not they will be able to resume operations when and if the current draconian restrictions are lifted. In Australia, the Federal government has ceased to sit and the government has announced that this parliamentary closure will extend until at least August.

Quite why such a lockdown is necessary is unclear. No convincing explanation has been offered by the government and it is an extreme step that comparable nations in North America, the United Kingdom and all of Europe have found unnecessary. One of the most alarming consequences of this fundamental attack on the notion of Parliamentary accountability is that the decision was met with acceptance by the official Opposition and muted negative comment, if at all, by the major mainstream media.

Media coverage of the pandemic has been extraordinary. At least half of the nightly main television news bulletins have been devoted to coverage of the pandemic, although whether it actually adds to our degree of knowledge is at best debatable.

The statistics as to those affected, dying and recovery are presented each night like some grizzly football score. How accurate or complete those statistics are is a very open question. They are presented however as some form of immutable truth with nary a question as to their accuracy or reliability.

There are serious questions being asked as to the real origins of the current pandemic. We are constantly told by the mainstream media that it originated in China, and that “fact” is presented as something beyond question. The more we learn however, the less reliable that complacent assertion appears to be.

It is true that the first mainstream media reports of the virus came out of China’s Wuhan City, and urban agglomeration of some 12 million inhabitants. That reporting betrayed a number of assumptions that are difficult to sustain.

Where a virus is first reported does not automatically equate with where it began. One reason for this is that people being infected or dying are not necessarily correctly defined as to the cause of death or illness. This is particularly the case here with multiple instances of the illness were initially defined as the current illustration of the annual influenza epidemic which inflict and kill millions of people each year.

A second factor is that a virus can be imported into a country, either by accident or deliberately, by those acting for or on behalf of another nation. This is not idle speculation in the present case. There is now very good evidence that the virus was imported into the city of Wuhan at a time contemporaneous with the holding in that city of the quadrennial Military Games.

Representatives of more than 100 nations attended and participated in those games. The United States contingent was of particular interest for a number of reasons.

The first is that its soldier participants had their worst medal performance since the games were first held a half century ago, not winning a single gold medal and finishing well down the medal table.

The second factor was that the hotel where the United States military participants stayed was itself a hotbed of infection, recording more than 40 cases of employees and guests infected by the virus. This is a remarkable coincidence that challenges the laws of probability theory.

A third clue is the way the western media have reported the Chinese experience. They have given prominence to United States President Donald Trump’s description of the pandemic as the “Chinese virus”. We know from 100+ years of experience with the Spanish flu of 1919 how a false label can be used to define an entire country on a wholly false basis.

The record clearly shows that the Chinese government alerted the World Health Organisation as soon as they had established the reality of the virus they were dealing with. This was before most western countries had even acknowledged that there was a problem.

This suspicion has been reinforced in recent weeks by the reporting of western media of the actions of the Russian and Chinese government to provide assistance where it was asked for. The Italian government for example was refused assistance by its European Union “partners” and it was the Russians who flew in giant planes full of urgently needed medical supplies, taking a lengthy roundabout route because of obstructive flyover permission.

This assistance was greeted with a sneer by the western media who contrived to find some sort of Russian plot in a selfless humanitarian exercise. A similar result was seen in the media’s response to Chinese aid which was denounced as either medically inadequate or done with ulterior motives.

In neither case was that View shared by the governments involved, the medical staff of the overstretched and under resourced hospitals, or the citizens of those countries aided by the Russian and Chinese medical supplies.

The writer Dimitri Orlov, who recently returned to live in Russia after many years residence in the United States, had a cynical but arguably realistic view of the virus. On 8 April 2020 he had this comment to make on his Patreon:

“China has just taught the world a major masterclass in biowarfare defence. It doesn’t matter whether SARS-Covid-19 was concocted in a United States biowarfare laboratory or not. The point is, it could have been, because why else would the United States have bio- warfare laboratories scattered around the globe? And why were they collecting DNA samples from local populations except to target them using bioweapons? And so after some amount of uncertainty and vacillation China opted to treat the SARS-COV-19 outbreak as an act of war and won! Russia has followed suit, and although it is too early to declare victory it too is likely to score a win on the biowarfare front.”

I respectfully share Mr Orlov’s view. We also have the curiously unexplained events at the United States’ Fort Detrick biowarfare facility. In July 2019 the facility was forced to temporarily close, reopening at the end of the year. It is one of the literally hundreds of such United States facilities scattered around the globe.

What makes Fort Detrick of particular interest in the current context was that it was known to be working on a Covid-19 type biological weapon. That the United States had succeeded in developing such a weapon was publicly proclaimed by Johns Hopkins University in October 2019. The timing of this announcement, the problems at Fort Detrick and the outbreak of the coronavirus goes beyond mere coincidence.

The wall to wall media coverage of the outbreak in the western media nonetheless fails to raise these fundamental and clearly relevant points.

It is one of the grim ironies of the present pandemic that the United States may well turn out to be the principal victim, at least among western nations. Even there, some questions exist. We know from the published data thus far that 70% of the fatalities in the United States have been in the black population, that represent only 10% of the national population.

Television pictures showing mass graves being created in public parks will do little to assuage growing public concern that allegedly “the richest country in the world” cannot even properly treat or bury their own disadvantaged citizens.

The consequences of this pandemic are likely to be vastly greater than originally thought. The average citizen would do well to strap themselves in for what is going to be a very bumpy ride.

COVID-19: A Pretext for World Government and Totalitarianism

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We are now beyond the point of no return.

By Kurt Nimmo

Source: Another Day in the Empire

The crazy thing about the COVID-19 “crisis” is how easy it is for the state and its media to frighten the public and manipulate ill-informed citizens into embracing economic and social decapitation. 

Blinded by scary headlines based on irrational speculation—subsequently revised downward and published on page C-23 of corporate newspapers demanding a bailout—the American people have embraced authoritarian measures supposedly imposed to win a battle against an invisible enemy. 

We are now beyond the point of no return. The inflicted economic and social damage has already taken a heavy toll and it will get worse the longer health bureaucrats, state governors, and a remarkably clueless president and his apparatchiks demand we stay imprisoned in our homes, frightened of a bug the state and its media have fictionally rendered as an insatiable and inescapable Gorgon of Doom. 

https://twitter.com/BarbaraMcK42/status/1246210326405599232

Scott C. Tips, president of the National Health Federation, writes:

In February 2020, the World Health Organization (WHO)—never known for its accuracy or consistency—declared a “Pandemic” for the coronavirus and claimed that the mortality rate for the novel coronavirus disease now designated as COVID-19 was 3.4%, while that for the seasonal flu was 0.1%. Of course, the news media ran with those numbers and splashed scary headlines across the World stating how much more deadly this new virus was than the seasonal flu. The problem with WHO’s statement, however, was that they applied two different formulas for the two viruses. For the COVID-19 disease, for example, they simply didn’t count any of the mild cases of COVID-19 that resolved themselves; yet, they did with the seasonal flu. If WHO were to apply the same formula to seasonal flu cases as it did with COVID-19 cases, then the seasonal flu is revealed more truthfully as being twice as deadly as the COVID-19 virus.

In other words, the globalist WHO—essentially a PR group for transnational Big Pharma and what should be considered the health-industrial complex—is engaged in massive fraud. 

The COVID-19 aggrandizement and propaganda campaign is not simply a public relations scheme for Big Pharma and its highly dubious—and often deadly—vaccines. It also serves as a cover for authoritarian measures the ruling elite have schemed to put in place for decades, measures designed to monitor and control everything you do. Orwell’s helicopters peering in bedroom windows in search of sex offenders—or drones in search of the infected and suspected vaccine scofflaws—are now a stark reality.

9/11 wasn’t sufficient. The reach of that false flag event’s fear quotient and authoritarian measures were limited and ultimately muted. The fairy tale prospect of cave-dwelling terrorists plotting dirty bomb attacks on kindergartens and other nefarious acts of deviltry had limited effectiveness and relatively short shelf life. 

However, an invisible virus portrayed as a pandemic on par with the Black Death is far more effective than a cartoon nemesis like Osama bin Laden in the ongoing effort to move cattle—as our rulers consider us—in the preferred direction. 

In addition to “smart” surveillance and control of the populace, the virus panic is being manipulated to cover and shift blame for a ransacked economy. 

“The economy was already faltering. The false boom stimulated by a decade of monetary meth was likely turning to bust even before the virus,” writes Keith Weiner. 

The real culprits pushing for economic collapse—the globalist financial class and kindred corporate fascists—want to attribute slamming on the economic brakes and toppling an already precarious house of cards to a virus that so far is little worse than seasonal flu, if that. 

It is now obvious a thoroughly propagandized populace will readily accept what amounts to an open-ended house arrest and the nonsensical authoritarian demands of the state—don’t go outside, don’t go to the grocery store or pharmacy, fashion DIY masks out of t-shirts and furnace filters, snitch on your neighbors if you suspect an infection, condemn the preppers as selfish hoarders, et cetera. 

Our future is no longer in doubt. The psychopathic control freaks are steering us toward world totalitarianism. Henry Kissinger recently advocated as much in the War Street Journal, following up a similar call for by the former “Right Honorable” Chancellor of the Exchequer, Gordon Brown. 

A virus has accomplished what the war on manufactured terror was unable to pull off—driving us with nary a bleat of complaint toward the rocks of economic and social destruction. 

Government Authority, Incompetence, and SARS-CoV-2

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U.S. Army National Guard photo by Edwin L. Wriston

By Jason Brennan

Source: Bleeding Heart Libertarians

Previously, I’ve commented on how the data we are using to estimate the danger of this disease are extremely poor. Until very recently, for the purposes of estimating the danger, we have been testing the wrong thing (current shedding of the virus) the wrong way (mostly testing people who present themselves as sick). When you read that as of March 3, the WHO estimated the death rate of COVID-19 cases at 3.4%, you have to keep in mind they had non-random testing, testing only for current infection, and testing based almost entirely on sick people presenting themselves for care. The result is that there is severe selection bias which pushes the hospitalization and death estimates upward. The big question is by how much. None of us would be able to publish a paper in a third-rate econ or poli sci journal with such bad data; the editors would desk reject us. Nevertheless, governments around the world used such estimates to impose economic misery and dramatic restrictions on civil liberty on the masses.

On top of this, as economists and other math savvy people look into epidemiology, it’s becoming clear that the models they use are quite poor, because they have difficulty with endogeneity and with variance.

Shortly, I suspect my friend Phil Magness will go public with an article about how many of the epidemiological experts you see on TV and whose models are being used to create government policy have a long (20-30 year+) history of making dramatic and sometimes apocalyptic predictions about the dangers of past diseases, predictions which never came true, even though in the past governments did little to stop those diseases.

How does this bear on politics?

In Against Democracy and elsewhere, I’ve argued that competence is a precondition of political legitimacy and authority. The Competence Principle says:

It is presumed to be unjust, and to violate a citizen’s rights, to forcibly deprive a citizen of life, liberty, or property, or to significantly harm her life prospects, as a result of decisions made by an incompetent deliberative body, or as a result of decisions made in an incompetent way or in bad faith. Political decisions are presumed legitimate and authoritative only when produced by competent political bodies in a competent way and in good faith.

My main argument for this principle is by analogy to clear cases. I ask readers to imagine a capital murder trial. A defendant is accused of first degree murder. If found guilty, he will lose his property, his freedom, and possibly his life. Imagine the jury finds him guilty for any of the following reasons:

  1. Ignorance: They simply ignore the facts of the case and flip a coin.
  2. Stupidity/Lack of Understanding: The case requires sophisticated reasoning and analysis, which they lack the capacity to do.
  3. Maleficence: They find him guilty because they hate people like him (e.g., suppose he’s white, rural working class Republican and they are average university professors).
  4. Selfishness and Conflict of Interest: They find him guilty because they personally benefit from him going to jail or being executed. (E.g., suppose they own a rival business, or suppose they would get fame and fortune for being the jurors who put him away, regardless of whether he is actually guilty.)
  5. Irrationality: They pay attention to the information, but process it in highly irrational ways, beset by a wide range of severe cognitive biases.
  6. Conformity and authoritarianism: They find him guilty because they have a political bias to defer to state power, to do what is expected of them regardless of whether it’s right, or to be seen as doing something/anything during times of crisis.
  7. Misinformation: The jurors decided properly in light of the information they had, but it later becomes clear the information was extremely poor, misleading, or false.

If we learned the jury found him guilty for any of this reasons, we would hold their decision is unjust. Moreover, it would be wrong to enforce their decision. The defendant could demand a retrial, and in many states, would be entitled to one.

I think this point generalizes to many political decisions beyond jury cases.. When a person or group makes a high-stakes decision, imposed involuntarily and through force upon others, a decision which can greatly alter people’s life prospects and deprive them of property, happiness, freedom, or life, that person or group must be competent in general, and must make that particular decision competently and in good faith. If they fail to do so, then their decision is presumed to lack authority (there is no obligation to obey it) and legitimacy (there is no moral permission to enforce it).

Now apply this to government actions on the basis of the COVID-19 disease.

As a philosophical matter, it’s easy to show that in principle, governments can restrict our freedom to stop the spread of disease. For instance, in The Journal of Medical Ethics, I have a paper arguing that governments can force us to accept vaccinations, not for paternalistic reasons, but to stop individuals from imposing unjustifiable risk of disease upon others. At his blog, anarchist libertarian powerhouse Michael Huemer says something similar:

Of course, what counts as unreasonable risk is open to debate. It’s going to have to do with the probability of harm, the total magnitude of the threatened harm, and how good one’s reasons are for imposing it (see previous post on meat & disease risk).

That’s the core of the libertarian justification for disease-prevention measures. Any individual who is at risk of carrying a communicable disease, such as Covid-19, is posing a risk of physical harm to others when he interacts with them. If the risk is ‘unreasonable’ (in light of the probability, magnitude, and reasons for imposing), then those under this threat would be justified in using coercion to protect themselves from the potential physical harm. Since individuals could justly do that, they can also delegate it to the state to do that (if you accept the state as legitimate in general).

The question of whether governments may in principle do what they are doing is not terribly difficult. But appealing to abstract principles is not enough to justify their actions. We need to know whether they made these particular decisions competently and in good faith, on the basis of good information. In the same way, it’s one thing to show in the abstract that states might have the right to punish criminals, but that doesn’t suffice to justify any particular jury decision. We still need to know whether the particular jury acted competently and in good faith, on the basis of good information.

This brings me to the upshot. Governments around the world appear to be relying on epidemiological models which suffer from serious endogeneity problems and which we know do not handle individual variance well, and which are constructed on the basis of the wrong data collected the wrong way. They thus appear to be deciding incompetently, on the basis of bad information. Whether they are acting in bad faith, I leave to you. (I would like to remind you, however, that we have plenty of evidence they often act in bad faith. For instance, bad faith is pervasive in the US criminal justice system.) Go ahead and remind yourself of your analysis of Bush’s decision to invade Iraq, or whether the Patriot Act and the surveillance regime it created is justifiable. While you’re at it, remind yourself of all of those papers published in political science showing that people have a bias toward authoritarianism during a perceived crisis. Surely, that bears on you now, no?

I very much doubt that there are “secret data” of the right sort collected the right way which all governments around the world are holding from us. Instead, they made dramatic decisions, decisions which have little effect on rich intellectuals like me, but which impose severe pain and suffering upon the poor. It’s looks to me like they are blatantly violating the Competence Principle and their decisions presumptively lack authority and legitimacy

The best argument against this position, I think, is something like this: We are in the midst of a possible humanitarian disaster, which could potentially kill millions or tens of millions. Leaders had to act fast on the basis of poor information. They saw what was happening in Italy and took extreme measures.

Maybe, but some rejoinders: First, governments could have collected better data earlier, before they shut the world down. Second, few governments are trying to collect good data now. It’s one thing to shut down in an abundance of caution, but they should subsequently do mass, randomized testing for antibodies so we can determine the real infection fatality rate. (That is, collect the right data the right way.) Why isn’t this being done en masse? Third, the argument that we are in the midst of a potential disaster and so had to act out of an abundance of precaution relied on things like the WHO estimates and other early models and estimates, all of which relied on the wrong kind of data (testing current viral shedding) collected the wrong way (mostly testing people who present themselves as sick). As I’ve been saying, none of you would get a paper published in a third-rate journal with that kind of data, and if I presented a paper using it, you would tear me apart. Fourth, whatever plausibility this argument may have, what about the contrary argument that the bigger the stakes, the better the information you must have?

Note well: I am not a “COVID-19 skeptic” or a conspiracy theorist. I don’t think there is a conspiracy; I just think there is mass government failure. I am not skeptical of the dangers of COVID-19; rather, I am uncertain how bad it is because the early work relied upon poor data and poor research methods.

TURN SELF ISOLATION INTO SELF LIBERATION

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By Julian Rose

Source: Waking Times

One of the most famous paradoxes of this blessed experience called Life, is known as ‘the law of unintended consequences’; and we are at this very moment of time, in the midst of a manifestation of cosmic Lila which exactly fits this paradox.

Under the unprecedented blanket regulatory lock-down imposed by governments all over the planet, a highly unlikely opportunity has arisen to fundamentally redress our life circumstances. An opportunity which will positively equip those who need to become aware, to face the uncertainties that lie ahead with courage and fortitude.

The number one opportunity which being stuck in one’s home for most of the working day presents, is to do some long overdue thinking; the kind that taps into that region of ourselves which has been/is particularly starved due to being heavily preoccupied by the daily chores of the standard working week. That part of ourselves which gives genuine direction to our lives, and brings us face to face with the plethora of superficial activities that preoccupy us, most of which we have, up until recently, taken as gospel.

We are being supported in this vital pursuit by changes underway in the natural environment which surrounds us. Changes for the better that result from a sudden flux of a high percentage of the frenetic hustle and bustle which forms the basic daily pattern of our materialistically centred life, and which brings with it a heavy load of pollution, noise and stress, choking both our planet’s natural environment and our own health and welfare.

Pause to consider, how remarkable it is that the impositions imposed by mostly clueless governments, would have the unintended consequence of enabling much of nature to finally take some decent deep breaths! Enable her sinews to be at least temporarily cleansed from the antithetical materialistic pursuits of the modern world. Pursuits so misguidedly hailed as ‘progress’ and so crassly utilised for achieving the bloated ambitions of corporate giants.

Nature can breathe because motorways are largely free of the noise and pollution caused by rushing cars and trucks, and the air largely free from the constant passage of disruptive commercial jet airlines. The sky is blessedly blue and the sweeter that usual air is full of the sound of Spring inspired birds. It is generally calm – even peaceful. I remember a state like this from my childhood.

Something is happening. Something unusual. And it is coming about due to the ‘law of unintended consequences’ which is actually a cosmic/universal law and not unintended at all, but a direct reflection of Divine Lila. It has provided us with this opportunity – right in the midst of an unprecedented deep-state engendered global crisis – to join in this natural healing process so as to recharge our spiritual batteries and shed our worn-out life styles in favour of a more integrated and conscious sense of purpose.

Listen carefully: the circumstances facing all of us in the immediate two to three years ahead are going to present a quite unique challenge. Not least because they are being conducted by people either ludicrously unfit for the tasks they find themselves responsible for – or who wish to deceive and exploit us so as to acquire powers to control events which they have no legal right to control.

This means that the first call on our meditations about our immediate futures will be to raise and appraise some very practical considerations; the first of which involves taking a big step towards a much more robust and self-sufficient life style. Bear in mind that a return to typical easy access to the ‘daily conveniences’ many have become accustomed to, is no longer a secure bet. Even if governments might make it appear that ‘everything is under control’ and/or ‘things will soon return to normal’. Clearly it is not – and they will not, as by now we are surely well aware – and wishful thinking will not change this situation.

As I mentioned above, we must use this brief open window to shift ourselves towards a much more self-sufficient and simple life style. A largely self-sufficient life style involves knowing how to cultivate the ground so as to grow our own basic food requirements. And/or if not doing this directly, making sure to be closely associated with supporting colleagues who do – and who are willing to share the harvests that result.

This is not going to be possible within an urban environment at this point in time, given not only that there is insufficient cultivatable land available, but that urban environments are largely unconducive to mental, spiritual and physical health. They do not enhance one’s immune system and ability to build the inner and outer strength vital to staying strong throughout the challenges in store for us.

So to make best use of this period solitary confinement, plot the course that will provide a practical way of taking control of your – and your family’s – destiny. Recognising, of course, that under the imposition of a quasi dictatorship there is only ‘x’ amount of room in which to move.

In this article I am taking a deliberately positive line concerning making maximum use of our largely untapped potentials as creative beings. So let’s recognise this as exactly the moment to tap these blessed creative powers – since many have been far too preoccupied with selfish pursuits instead of dealing with necessities. ‘Necessity is the mother of invention’ so use this one in a million opportunity to meditate on exactly what your key necessities are and how to best manage them.

This should not be an anxiety based exercise. On the contrary, we are in a time of great energetic cosmic support due to the Earth now being in a particularly powerful alignment with the centre of our galaxy, resulting in the rapid growth of heart based empathetic instincts throughout humanity. It is because dark directed forces know about this, that such an intense effort is being made to block the rising-up which is already well underway in us.

Draw upon this gift we are being sent. It is to strengthen the heart beat of mother Earth and human kind.

If you are not already doing so, start each day with Yoga. Hatha yoga exercises, for example, that have been honed over millennia to bring nourishment to every part of the body and mind. This practice, by co-ordinating breathing and movement, revitalises the chi (energy) of one’s whole being and provides a clearer insight into what is the best and most true action to take each day. A Theseus thread to guide one through the chaos which has been deliberately invoked on this planet.

Couple such practice with a diet rich in immunosupportive foods, preferably direct from the farm.

Yes, the farmers you have linked-up with and offered your support. Hands in the soil and the company of (farm) animals is immensely curative. For millions, it is the life-line to earthed, reawakened health. The forces intent upon pulling us down cannot do so once our spiritual and physical energies are awakened and maintained.  Truly vital right now.

This means, for example, we can devote our new-found ‘freedom’ into actions specifically targeted at stopping the roll-out of the microwave radiation 5G weapon. A brutal technology of human paralysis and planetary ecocide, increasingly implicated in playing a covert role in the current ‘Corona Virus’ scam.

The family of man is ONE family. Our fate is inextricably linked to the fate of all others, as theirs is with ours. Selfishness is a disease far more deadly than any Corona Virus. Make use of your period of isolation to rid yourself of narcissistic tendencies, as the ‘Real I’ in each one of us is not the one that seeks self-satisfaction or indulgence in vanities. It is the one that liberates us into recognising our oneness with all life and all peoples, regardless of colour, race or creed.

Treat the domestic imprisonment being forced upon us – as an opportunity – not as cause for fear. In fact see it as a hurdle being placed in front of you so as to make you reach deeper into yourself for the solution! Because that’s what it actually is: a wake-up call without which you might never have the opportunity to discover your divine eternal flame of greatness, of Godliness.

Saturday Matinee: Out of Shadows

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Source: OutofShadows.org

The Out Of Shadows documentary lifts the mask on how the mainstream media & Hollywood manipulate & control the masses by spreading propaganda throughout their content. Our goal is to wake up the general public by shedding light on how we all have been lied to & brainwashed by a hidden enemy with a sinister agenda.

This project is the result of two years of blood, sweat and tears by a team of woke professionals. It’s been independently produced and funded and is available on many different platforms for FREE for anyone to watch. Patriots made this documentary with the sole purpose of getting the truth out there. If you like the documentary, please share this video.

What Are You Gonna Do About It?

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By Michael Krieger

Source: Liberty Blitzkrieg

Tucked into the recent recovery bill was a provision granting the Federal Reserve the right to set up a $450 billion bailout plan without following key provisions of the federal open meetings law, including announcing its meetings or keeping most records about them, according to a POLITICO review of the legislation.

The provision further calls into question the transparency and oversight for the biggest bailout law ever passed by Congress. President Donald Trump has indicated he does not plan to comply with another part of the new law intended to boost Congress’ oversight powers of the bailout funds. And earlier this week, Trump dismissed the government official chosen as the chief watchdog for the stimulus package.

The changes at the central bank – which appear to have been inserted into the 880-page bill by sympathetic senators during the scramble to get it approved — would address a complaint that the Fed faced during the 2008 financial crisis, when board members couldn’t easily hold group conversations to address the fast-moving economic turmoil.

The provision dispenses with a longstanding accountability rule that the board has to give at least one day’s notice before holding a meeting. Experts say the change could lead to key information about the $450 billion bailout fund, such as which firms might benefit from the program, remaining inaccessible long after the bailout is over.

The new law would absolve the board of the requirement to keep minutes to closed-door meetings as it deliberates on how to set up the $450 billion loan program. That would severely limit the amount of information potentially available to the public on what influenced the board’s decision-making. The board would only have to keep a record of its votes, though they wouldn’t have to be made public during the coronavirus crisis.

A Fed spokesperson did not comment on the changes in the law or whether the Fed would continue keeping records of its meetings.

– Politico: Recovery Law Allows Fed to Rope off Public as It Spends Billions

An era can be said to end when its basic illusions are exhausted.

– Arthur Miller

Before going any further, I want to share a graphic that accurately summarizes my position on the current pandemic affecting the world.

Unfortunately, it’s quite common for many to latch on to one of these conclusions and singularly obsess about it to the detriment of the others, when we need to be thinking about all three simultaneously.

It’s absolutely critical we understand governments throughout the world are rapidly mobilizing to use the crisis as an excuse to extract more wealth from society and condition the public to relinquish more precious civil liberties. The response in my own imperial oligarchy masquerading as a country has been particularly grotesque. A government that told us masks don’t work and couldn’t roll out testing for weeks, is now responding with the worst of both post-9/11 and post-financial crisis responses. The idea of representative government or democracy in America is a complete myth. The interests and desires of the people are irrelevant, and our economic system can be best described as financial feudalism.

We’ve seen this movie before. The U.S. government and Federal Reserve used major crises to consolidate wealth and power twice before this century, and it’s happening again. They got away with it before — and they’re getting away with it now — because the public accepts it. I hate to write that, but it’s true. People will tell me the public has no way to fight back, but that’s not accurate. The public hasn’t even tried historical methods like mass strikes and boycotts, instead they’ve been successfully neutered by phony red/blue team mainstream politics, through bickering about marginal issues like pronouns and bathrooms, and by endless entertainment and debt-based consumption. This is why the oligarchy keeps winning. Americans aren’t a serious people yet.

Witnessing the massive theft and power consolidation during the financial crisis a decade ago shook me to my core. I learned so much about how the world really works I simply couldn’t go on in the same way, so I quit my finance job and moved out of NYC. I was convinced such in your face theft would lead to effective popular movements and that the people would discover their power and take direct action, but I was wrong. Rather than economic populism transcending other differences to become ascendant and potent, most Americans were successfully shoved back into convenient political boxes easily managed by oligarchy. The rest is history.

Is the above wishful thinking? It might be. I had similar thoughts a decade ago and nothing truly meaningful happened. That said, I’ve learned some valuable life lessons over the past decade and will share some of them today.

The title of today’s piece is “what are you gonna do about it?”, but let me start by telling you what I’m not going to do. I am not going to vote in the 2020 presidential election. In previous cycles, I went out and voted third party as a protest, but I won’t even do that this time. I refuse to give such a farcical system the satisfaction of even a protest vote. I’m over it. Done. 

Choosing to refrain from participation in a clearly rigged and sham presidential election process may feel like giving up, but it’s the exact opposite. It’s actually quite liberating to give up on the fantasy that voting for one of two sociopaths will materially improve your life or the direction of the country. Once you stop believing in the lazy fairytale version of politics you can get down to real action. If you accept that voting is largely a charade, you can either sit back and take it while playing video games, or you can get motivated. I see two avenues for action that can actually change things.

The first consists of mass organized movements that unite as many disparate factions as possible to focus on a single issue. This can take the form of a workers strike, a targeted boycott or something similar. The key thing that’s prevented this from happening is Americans have been so successfully divided and conquered. “Activist leaders” often demand those who constitute a movement see eye to eye on virtually everything, yet oligarchy knows to unite whenever their core interests are even slightly threatened. A hopelessly splintered public is one reason the people always lose.

Although I’m confident in the success of such a strategy if implemented by enough people, this doesn’t mean it will materialize. I was hopeful it could happen last decade, but it never did. Americans proved to be as divided, conquered and distracted as ever, and it’s possible things will continue along this path in the years ahead. As such, waiting for mass movements that may never occur to materialize is not a sufficient strategy. You need a primary strategy, and that strategy starts with you. 

The only thing you truly have control over is your mindset and your actions. Think about what angers you most about the system as it stands and turn that anger into something productive. What can you do as an individual to protest or reject that system? What can you do to become more resilient? Can you repurpose your skillset or profession in a way where you become more of a solution than part of the problem? Some of us can do more than others, but virtually everyone can take some action. If you can’t think of anything, think harder.

Reflecting on the past decade, every moment I spent taking control of my life and improving as an individual was worthwhile and rewarding, while every moment I spent hoping others around me would change was a gigantic disappointment.

This doesn’t mean we should give up on mass movements, it means you cannot rely on other people to get to the point you’re at as quickly as you’d like. Think about what’s actually in your control and go for it. And good luck.

Weimar America, Here We Come! Virus Hysteria Adds $10 Trillion to the National Debt

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By Mike Whitney

Source: The Unz Review

There’s no doubt that the Coronavirus is a serious infection that can lead to severe illness or death. There’s also no doubt that ‘virus hysteria’ has been used for other purposes. Wall Street, for example, has used virus-panic to advance its own agenda and get another round of trillion dollar bailouts. In fact, it took less than a week to get the pushover congress to ram through a massive $2.2 trillion boondoggle without even one lousy congressman offering a peep of protest. That’s got to be some kind of record.

In 2008, at the peak of the financial crisis, Congress voted “No” to the $700 billion TARP bill. Some readers might recall how a number of GOP congressmen bravely banded together and flipped Wall Street “the bird”. That didn’t happen this time around. Even though the bill is three times bigger than the TARP ( $2.2 trillion), no one lifted a finger to stop it. Why?

Fear, that’s why. Everyone in congress was scared to death that if they didn’t rush this debt-turd through the House pronto, the economy would collapse while tens of thousands of corpses would be stacking up in cities across the country. Of course the reason they believed this nonsense was because the goofy infectious disease experts confidently assured everyone that the body-count would be “in the hundreds of thousands if not millions.” Remember that fiction? The most recent estimate is somewhere in the neighborhood of 60,000 total. I don’t need to tell you that the difference between 60,000 and “millions” is a little more than a rounding-error.

So we’ve had the wool pulled over our eyes, right? Not as bad as congress, but, all the same, we’ve been hoodwinked and we’ve been fleeced. And the people who have axes to grind have been very successful in taking advantage of the hysteria and promoting their own agendas. Maybe you’ve noticed the reemergence of creepy Bill Gates and the Vaccine Gestapo or NWO Henry Kissinger warning us that, “the world will never be the same after the coronavirus”.

What do these people know that we don’t know? Doesn’t it all make you a bit suspicious? And when you see nonstop commercials on TV telling you to “wash your hands”or “keep your distance” or “stay inside” and, oh yeah, “We’re all in this together”, doesn’t it leave you scratching your head and wondering who the hell is orchestrating this virus-charade and what do they really have in mind for us unwashed masses??

At least in the case of Wall Street, we know what they want. They want money and lots of it.

Have you looked over the $2.2 trillion CARES bill that Trump just signed into law a couple weeks ago? It’s pretty grim reading, so I’ll save you the effort. Here’s a rough breakdown:

$250 billion will go for the $1,200 checks that most of us will receive in a couple weeks. And $250 billion will be provided for extended unemployment insurance benefits.

That’s $500 billion.

Working people will get $500 billion while Wall Street and Corporate America will get 3 times that amount. ($1.7 trillion) And even that’s a mere fraction of the total sum because– hidden in the small print– is a section that allows the Fed to lever-up the base-capital by 10-to-1 ($450 billion to $4.5 trillion) which means the Fed can buy as many “toxic” bonds and garbage assets as it chooses. The Fed is turning itself into a hedge fund in order to buy the sludge that has accumulated on the balance sheets of corporations and financial institutions for the last decade. It’s another gigantic ripoff that’s being cleverly concealed behind the ridiculous coronavirus hype. It’s infuriating.

So here’s the question: Do you think Congress knew that working people would only get a pittance while the bulk of the dough would go to Wall Street?

It’s hard to say, but they certainly knew that the economy was cratering and that $500 billion wasn’t going to put much of a dent in a $20 trillion economy. In other words, even if everyone goes out and blows their measly $1,200 checks on Day 1, we’re still going to experience the sharpest economic contraction on record, a second Great Depression.

Maybe they should have talked about that in congress before they voted for this trillion-dollar turkey? Maybe they should have thought a little more about how the money should be distributed: Should it go to the people who actually buy things, generate activity and produce growth, or to the parasite class that blows up the system every decade and drags the economy down a black hole? That seems like something you might want to know before you pass a multi-trillion dollar bill that’s supposed to fix the economy.

It’s also worth noting that the $5.8 trillion is not nearly the total amount that Wall Street will eventually get. The Fed has already spent $2 trillion via its QE program (to shore up the dysfunctional repo market) and Fed chair Jay Powell announced on Thursday that another $2.3 trillion in loans and purchases would be used to buy municipal bonds, corporate bonds and loans to small businesses. The allocation for small businesses, which falls under the, Main Street Lending Program, has been widely touted as a sign of how much the Fed really cares about struggling Mom and Pop businesses that employ the majority of working Americans. But, once again, it’s a sham and a boondoggle. The program is on-track to get $600 billion funding of which the US Treasury will provide the base-capital of $75 billion. The rest will be levered-up by 9-to-1 by the Fed, which means it’s just more smoke and mirrors.

What readers need to realize is that the Treasury has accepted the credit risk for all of the loans that default. In other words, the American people are now on the hook for 100% of all of the loans that go south, and there’s going to be alot of them because the banks have no reason to find creditworthy borrowers. They get a 5% cut off-the-top whether the loans blow up or not. And, that, my friend, is how you incentivize fraud which, as Bernie Sanders noted, “is Wall Street’s business model.”

It also helps to explain why Trump has repeatedly rejected congressional oversight of the various bailout programs. He’s smart enough to know a good swindle when he sees one, and this one is a corker. The government is essentially waving trillions of dollars right under the noses of the world’s most ravenous hyenas expecting them not to act in character. But of course they will act in character and hundreds of billions of dollars will be siphoned off by scheming sharpies who figure out how game the system and turn the whole fiasco into another Wall Street looting operation. You can bet on it.

So, what is the final tally?

Well, according to Trump’s chief economic advisor, Larry Kudlow, the first bailout installment is $6.2 trillion (after the Fed ramps up the Treasury’s contribution of $450 billion.). Then there’s the $2.3 trillion in additional programs the Fed announced on Thursday. Finally, the Fed’s QE program adds another $2 trillion in bond purchases since September 17, when the repo market went haywire.

Altogether, the total sum amounts to $10.5 trillion.

You know what they say, “A trillion here, a trillion there, pretty soon you’re talking real money.”

Of course, no one on Capitol Hill worries about trivialities like money because, “We’re the United States of America, and our dollar will always be King.” But there’s a fundamental flaw to this type of thinking. Yes, the dollar is the world’s reserve currency, but that’s a privilege that the US has greatly abused over the years, and it’s certainly not going to survive this latest wacky helicopter drop. No, I am not suggesting the US would ever default on its debt, that’s not going to happen. But, yes, I am suggesting that the US will have to repay its debts in a currency that has lost a significant amount of its value. You don’t have to be Einstein to figure out that you can’t willy-nilly print-up $10 or $20 trillion dollars without eroding the value of the currency. That’s a no-brainer. Central bankers around the world are now looking at their piles of USDs thinking, “Hmmm, maybe it’s time I traded some of these greenbacks in for a few yen, euros or even Swiss francs?”

So how does this end? Can the Fed continue to write trillion dollar checks on an account that is already $23 trillion overdrawn? Will Central banks around the world continue to stockpile dollars when the Fed is printing them up faster than anyone can count? And what about China? How long before China realizes that US Treasuries are grossly overvalued, that US equities markets are unreformable, that the dollar is backed by nothing but red ink, and that Wall Street is the biggest and most corrupt cesspit on earth?

Not long, I’d wager. So, how does this end? It ends in a flash of monetary debasement preceded by a violent and destabilizing currency crisis. It’s plain as the nose on your face. The Fed knows that when a nation’s sovereign debt exceeds 100% of GDP, “there’s almost no mathematical way to service that debt in real terms.” Well, the US passed that milestone way-back in 2019 before this latest drunken spending-spree even began. It’s safe to say, we’ve now entered the financial Twilight Zone, the Land of No Return. If we add the Fed’s bulging balance sheet to the final estimate, (after all, it’s just another shady Enron-type Special Purpose Vehicle) the national debt will be somewhere north of $33 trillion by year-end, which means that Uncle Sam will be the greatest credit risk on Planet Earth. Imagine how jaws will drop on the day that Moodys and Fitch slash the ratings on US Treasuries to Triple B “junk” status. That should turn a few heads.

So what can we expect in the months to come?

First, the economy is going to slip into a deflationary period as people get back to work and slowly resume their spending. But once demand picks up and the Fed’s liquidity starts to kick in, the economy will rebound sharply followed by steadily rising prices. That’s the red flag that will signal a weakening dollar. Similar to 1933, when Roosevelt took the U.S. off the gold standard and printed money like crazy, economic activity picked up but the value of the dollar dropped by 40%. A similar scenario seems likely here as well. Economist Lyn Alden Schwartzer summed it up like this in an article at Seeking Alpha:

“One of the common debates is whether all of this debt, counteracted by a tremendous monetary expansion by the Federal Reserve in response, will cause a deflationary bust or an inflationary problem…..Fundamentally, evidence points to a period of deflation due to this global shutdown and demand destruction shock, likely followed in the coming years by rising inflation….

In the coming years, the United States will be effectively printing money to fund large fiscal deficits, while also having a large current account deficit and negative net international investment position. This is one of the main variables for my view that the dollar will likely decrease in value relative to a basket of foreign currencies in the coming years….” (“Why This Is Unlike The Great Depression”, Seeking Alpha)

So, after decades of lethal low interest rates, relentless meddling and gross regulatory malpractice, the Fed has led us to this final, fatal crossroads: Inflate or default. From the looks of things, the choice has already been made. Weimar America, here we come!