Category Archives: Corporate Crime

Our Real National Security Budget

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$2 Trillion, Here We Come.

Signe’s second toon du jour SIGN17e Military

By Andrew Cockburn

Source: Spoils of War

The Biden Administration has just published its proposed budget, generating copious commentary, much of it displaying a commensurate degree of misunderstanding, especially regarding our gargantuan national security spending. To get at the truth of the matter, I consulted my friend Winslow Wheeler, who has been observing the insalubrious intricacies of the budget process over the past fifty years as a senior aide to Senators from both parties as well as a senior analyst for the General Accounting Office and directing the Center for Defense Information.

The defense budget has just been posted by the administration is being described as approaching a trillion dollars. Is that accurate?  :

No. It’s actually a lot more than that. In fact it’s beginning to inch up on $2 trillion. 

How so?

The problem is that when most people look at the defense budget, they don’t count everything that we spend even for the Pentagon. But in addition to that, there are hundreds of billions of dollars outside of the Pentagon’s budget that we spend for national security. Things like the nuclear weapons activities in the Department of Energy; that’s $37 billion; $26 billion for retired military pensions and healthcare and $12 billion for the Selective Service, the National Defense Stockpile, and a strange and suspicious looking category for the international activities of the FBI in something called “Defense Related Activities.”

Do we have any idea what that last one is for?

It has always been classified. In the 50 years I’ve been watching the defense budget, it’s never been explained other than some occasional hints. One year they admitted to a lot of money being spent by the FBI in, wait for it, Taiwan, and so it’s very unclear exactly what this is, but it’s always counted as part of so-called defense related activities.  

The expenses that I have just been describing come to $970 billion, but that leaves out a lot.. Add in about $800 billion for the Department of Veterans Affairs, the State Department and its associated agencies, the Department of Homeland Security. And we know now from our Republican friends that border protection is a dire national security issue. Add all that together. Then you can calculate the share for the interest on the debt that we pay each year. All those activities I’ve just described come to 21% of all federal spending. Calculating in that percentage as a the amount it contributes to the debt burden gives you $254 billion.. And so you add all of that up together and you get $1.767 trillion.

Jesus Christ.  What about CIA and other intelligence spending?

All the intelligence agencies are in the Pentagon budget except for the intelligence agencies for the State Department, Coast Guard and  the Department of Homeland Security. Those are the few other things that are not in the Pentagon budget that are distributed in the other agencies that I’ve described.  When they last published the total amount for the intel budget it was over $120 billion, but it’s all embedded in these various agencies.

Since the budget was published, there’s been some wailing and lamentation that because of irksome spending restraints, this budget  actually represents a cut or at least restraint on defense spending. What’s your view on that?

Well, last yea the budget deal that then-Speaker Kevin McCarthy negotiated with the Democrats for the Pentagon allowed only a 1% increase in defense spending. But because of the screwy way that we actually calculate things, if you put together everything we spent just for the Pentagon without all those other items I mentioned, last year, it looks like we will have spent $968 billion, while for 2025, Biden’s requesting $921 billion. So yes, that’s a cut. But that doesn’t include the supplementals that Biden will request later this year for the Pentagon, for Ukraine, Israel, God knows what, that will get us back into competition with 2024. The reason why 2024 is higher than the Biden request is because it had 60 billion worth of emergency supplementals that Congress is about to approve and that money is counted in my total. But because of the broken accounting rules that we use for the budget, that money’s not counted when you calculate the deal that McCarthy made with the Democrats, and that’s emergency money that doesn’t count on budget cap.

For years we had the Overseas Contingency Operations defense spending, the so called war budget, which was the extra money the military got for actually fighting wars in Afghanistan and elsewhere. Are we getting back to that?

Yes.  The politically-derived budget caps don’t apply to that money.  And it’s a lot more than just for the wars; lots of billions for goodies for everybody added each year there. It’s all part of the hocus pocus ways that Congress allows itself to appropriate money so it can pretend that it’s using restraint, but actually is exploiting all kinds of loopholes to increase whatever cap or restraint they pretend that they’ve added to the defense budget.

What’s the next budgetary legislative stage that we’re going to endure?

:We haven’t finished with 2024 yet, because Congress  has gotten into this habit of never passing budgets on time. And it also helps the Speaker of the House and the Majority Leader of the Senate discipline members so they don’t get out of the line on things. We do these things called continuing resolutions that keep the money flowing but only at the level approved in the previous year. And we’re in that situation for the Defense Department for 2024. Next week or the week after, they’re going to resolve that and pick a final total for 2024, which will include most, but probably not all of the emergency supplemental that Biden requested for Ukraine, Israel, Taiwan, and defense industrial base spending. So that number will become final in two or three weeks. We have barely begun on the 2025 consideration in Congress that will take the next three, four months and we’ll have another continuing resolution because they won’t pass things in time for the beginning of the fiscal year on October 1st, and we’ll go through this charade once again. And because this is an election year, it’ll be all that more sloppy, painful, and unappealing to observe.

Then when they do it, Chuck Schumer and whoever is the Speaker of the House will pat themselves on the back and say, ‘well, we’ve done a great job. Who says we can’t do anything. We just got the budget finally passed.’ But that will be months late yet again.

Are there items tacked onto the defense bills that have nothing to do with defense? 

Yes. There’s two bills. One is the National Defense Authorization Act, which is the bill that goes to the House and Senate Armed Services Committees. That’s a policy bill. It doesn’t make money actually available to be spent, but it pretends it does. It has lots of numbers in it; it’s a tar baby for all kinds of crazy stuff or politically driven stuff because the legislative process is so broken.  Members don’t have an opportunity to do stuff on the floor of the House and Senate and especially in the Senate because the Majority Leader exploits the rules to make amendments impossible. The National Defense Authorization Act is one of those bills where they actually get a chance to do amendments and they do all kinds of crazy stuff, lots of stuff that has absolutely nothing to do with national defense.  Last year they had 600 amendments for that bill.

Whew.

But they don’t really get debated. This is yet another way that the Majority Leader, Chuck Schumer, controls things. If you’re a Senator, you have to supplicate Schumer to get him to accept your amendment. That will then will get into a package that he’s blessed and it’ll be adopted wholesale by the Senate with perfunctory debate and members giving staff-written speeches about ‘this is a wonderful bill. It includes my important amendment to increase ice block cutting in Minnesota’ and all kinds of other crazy stuff. Every one of these will have been approved by Schumer or his agents as politically acceptable. If you are a dissenter and have a problem with how things are done in the Pentagon or anywhere else, you will not get Schumer’s blessing and your amendment will not be added to his package to be dumped into the National Defense Authorization Act, and you’ll be out in the cold. We go through essentially the same process with the appropriations bill, which is the one that actually makes the money available to all these agencies. Yet again, Schumer controls the process where if he likes the smell of your amendments and it’s okay with the prevailing political dogma that week or that month or for the last decade, it’ll get included. And if you have something that that Chuck Schumer doesn’t like, your amendment will be out in the cold.

Was it always like this?

When the Senate described itself as the world’s greatest deliberative body back in the 1970s and eighties, it would have a process where a bill would come up on the floor in the Senate, and the Senate took great pride in the fact that it had unlimited amendments, and you could offer an amendment on anything you wanted to all of these bills, whether it’s the National Defense Authorization Act or the FAA Authorization Act, and there would be a proper debate, and then the Senate would vote and the majority of those senators present in voting would prevail.

Today it’s a fundamentally broken process because of the automatic filibuster, which allows the party leaders to totally control things. Unless a Senator can somehow put together sixty votes to override a filibuster, Schumer and McConnell can simply prevent your amendment from even coming to the floor, let alone get debated. It’s also a corrupt process because if you legislate in ways that Chuck Schumer, or whoever is the leader, doesn’t like or your idea is a pain in the ass for the Democratic, or Republican, caucus, you will be on the outs.  Furthermore, Schumer, and McConnell control a large portion of the money that you need for your reelection campaign. And if you don’t behave yourself, you’ll be on the outs, not just on getting your amendment adopted, but you’ll be on the outs so far as getting any of his money is concerned. And for the money that he doesn’t directly control, he’ll be sending the message to the big political donors, ‘don’t give anything to Senator So and So. He’s not one of us; he’s not a good boy.’  That’s the way we do business these days.

Getting back to the defense bill, I saw an item this morning that the Navy is saying they all have to cut back Virginia class submarine production from two to one next year because of their terrible financially straitened circumstances. How do we read that?

There’s two things going on there. One is that the Navy has requested a gigantic ship-building budget, something like $45 billion. The problem is that navy ships are so expensive these days that you can’t fit much dirt into that bag. Those submarines are about $3 billion apiece. Aircraft carriers, and we’re paying for two more, are about $13 billion apiece. They have a brand new ‘low cost’ frigate that’s getting into production this year. Those come in at $1 billion apiece. When you have ships that cost these amounts, even with a gigantic budget, like $45 billion, you can’t buy many of them. The second thing that’s going on is the Navy is tickling the system. They’re saying, ‘Oh dear, we can only afford one sub this year because we’re so stretched running. And isn’t that just terrible?’ So they’re tickling Congress where it feels good, and they’re saying, ‘okay, when you add money, add money for another submarine.’

So does that mean the budget will grow beyond what the President has asked for?

The Biden request is a floor, not a ceiling.

And the other game that goes on is they are actually limited in a relative sense in the billions of dollars that they can add on each year. So the staff on the appropriations committee and the two armed services committees, they go looking for things to cut in the accounts in the Pentagon budget where nobody’s paying much attention. So they can then plow that money back into the stuff that the Navy wants for these submarines, or that Senator X, Y, or Z wants for a research and development program that just happens to be performed in his, or her, state and just happens to be from that company that gave him a healthy political contribution last year.  One of the things the staffs love to cut is training money for the Air Force and others,  because they’ll declare the request to have been excessive. They’ll add that few hundred million dollars to the pot for goodies that members of Congress want. An added problem, of course, is that the Air Force is already way, way behind on trending hours for pilots, and that account needs more money, not less money. There are all kinds of other games that the staff at these committees play to pretend they’re taking out unuseful money, and paying for the oh, so wonderful ideas that members of Congress want for their special requests.

Thank you. At least we’ve been warned.

A Low-Trust Society Is an Impoverished Society

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By Charles Hugh Smith

Source: Of Two Minds

The sole remaining reservoirs of trust in American life are personal networks, local enterprises and local institutions.

It’s not exactly news that social trust has declined significantly in the United States. Surveys find that public trust in institutions and the professional classes that dominate those institutions has cratered. (see chart below) Social trust–our confidence that other people are trustworthy–has also fallen to multi-decade lows.

This was not the case in decades past. Americans maintained high levels of trust in their institutions, government and fellow citizens. The decline in social trust is across the entire spectrum: our trust in institutions, professional elites and our fellow Americans has declined precipitously.

The causes of this decay of social trust can be debated endlessly, but several factors are obvious:

1. Institutions forfeited the trust of the citizenry by withholding / editing realities to serve the interests of hidden agendas and insiders’ careers. The Vietnam War was pursued on fabrications, as was the second Gulf War to topple Saddam. Watergate eroded trust on multiple levels, as did the Church Committee’s investigation of America’s security agencies’ domestic spying / over-reach.

2. The managerial / professional elites at the top of the nation’s institutions no longer put the citizenry’s interests above their own. The public’s trust has eroded as institutions are primarily viewed as vehicles for self-enrichment and career advancement: healthcare CEOs pay themselves millions, higher education is bloated with layers of non-teaching administration, defense contractors and the Pentagon have greased the revolving door to the benefit of incumbents and insiders, and so on, in an endless parade of self-serving cloaked with smirking PR claims of “serving the public.”

The shift from a high-trust society to a low-trust society is consequential economically, politically and socially. Low-trust societies have stagnant economies, as nobody trusts anyone they don’t know personally or through personally trusted networks, and nobody trust institutions to function effectively or fulfill their stated mission to serve the public good.

Faced with incompetent, unaccountable, corrupt bureaucracies and a culture overflowing with scams, frauds, imposters and get-rich-quick schemes, people give up and drop out. Rather than start a business and accept all the risks just to get dumped on or ripped off, they don’t even try to start a business. Given the financial insecurity that is now the norm, they decide not to get married or have children.

The vast trading networks of the Roman Empire were based on personal trusted networks and trust in Rome’s functionaries / institutions. The owners of trading ships dealt with trusted captains and merchants, who then paid duties to Roman functionaries in Alexandria and other major trading ports.

In other words, tightly bound personal trusted networks work well as long as the state institutions that bind the entire economy are trusted as fair and reliable–not perfect, of course, but efficient and “good enough.”

But when public institutions are viewed as unfair, unreliable, corrupt or incompetent, the entire economy decays. Even personal trusted networks cannot survive in an economy of unfair, unreliable, corrupt or incompetent state bureaucracies and private institutions.

The American economy is now dominated by enormous privately owned and managed monopolies and cartels that are the private-sector equivalent of self-serving state bureaucracies. Big Tech, Big Pharma, Big Healthcare, Big Ag, Big Finance, etc., are even worse than state bureaucracies because there are no legal requirements for transparency or recourse. Try getting a response from a Big Tech corporation when you’ve been shadow-banned or sent to Digital Siberia.

The sole remaining reservoirs of trust in American life are personal networks, local enterprises and local institutions. These are not guaranteed, of course; in many locales, even these reservoirs have been drained. But in other locales, enterprises and institutions such as the county water utility, the local newspaper, the local community college, etc. continue to earn the trust of the public by performing the services they exist to provide effectively and at a reasonable cost.

The larger the institution and the greater its wealth and power, the lower the social trust–for good reasons. The greater the influence of the managerial elites, the greater the disconnect from the everyday experiences of the citizenry and customers, and the more extreme the self-serving PR.

Sure, I trust Big Tech, Big Pharma, Big Healthcare, Big Finance–to rip me off, profiteer, send me obfuscating bills, jack up junk fees, make it impossible to contact them, and send me to Digital Siberia if I complain.

The divide between the elites and the commoners should prompt us to examine the low-trust path we’re sliding down:

In a society in which everything is phony, low quality or fraudulent, you’re taking a chance trusting anyone you don’t know personally–and even that can be risky now that self-aggrandizing flim-flam is the last remaining path to financial security for non-elites.

A low-trust society is an impoverished society, economically stagnant and socially threadbare. That’s where we are now, and the more fragmented, greedy, self-serving, desperate and deranged we become, the lower the odds that we’ll find the means to rebuild trust.

Sadly, we already know that anyone claiming to “rebuild trust” is spouting PR designed to mask self-enrichment. We also know that the vast army of well-paid flacks, factotums, enforcers, happy-story apologists, lackeys, toadies and sell-out minions are declaring “everything’s great!”

Just mumble, “Uh, sure” and continue to Tune in (to degrowth), drop out (of hyper-consumerism and debt-serfdom) and turn on (to self-reliance and relocalizing capital and agency).

Net Zero, the Digital Panopticon and the Future of Food 

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By Colin Todhunter

Source: Off-Guardian

The food transition, the energy transition, net-zero ideology, programmable central bank digital currencies, the censorship of free speech and clampdowns on protest. What’s it all about? To understand these processes, we need to first locate what is essentially a social and economic reset within the context of a collapsing financial system.

Writer Ted Reece notes that the general rate of profit has trended downwards from an estimated 43% in the 1870s to 17% in the 2000s. By late 2019, many companies could not generate enough profit. Falling turnover, squeezed margins, limited cashflows and highly leveraged balance sheets were prevalent.

Professor Fabio Vighi of Cardiff University has described how closing down the global economy in early 2020 under the guise of fighting a supposedly new and novel pathogen allowed the US Federal Reserve to flood collapsing financial markets (COVID relief) with freshly printed money without causing hyperinflation. Lockdowns curtailed economic activity, thereby removing demand for the newly printed money (credit) in the physical economy and preventing ‘contagion’.

According to investigative journalist Michael Byrant, €1.5 trillion was needed to deal with the crisis in Europe alone. The financial collapse staring European central bankers in the face came to a head in 2019. The appearance of a ‘novel virus’ provided a convenient cover story.

The European Central Bank agreed to a €1.31 trillion bailout of banks followed by the EU agreeing to a €750 billion recovery fund for European states and corporations. This package of long-term, ultra-cheap credit to hundreds of banks was sold to the public as a necessary programme to cushion the impact of the pandemic on businesses and workers.

In response to a collapsing neoliberalism, we are now seeing the rollout of an authoritarian great reset — an agenda that intends to reshape the economy and change how we live.

SHIFT TO AUTHORITARIANISM

The new economy is to be dominated by a handful of tech giants, global conglomerates and e-commerce platforms, and new markets will also be created through the financialisation of nature, which is to be colonised, commodified and traded under the notion of protecting the environment.

In recent years, we have witnessed an overaccumulation of capital, and the creation of such markets will provide fresh investment opportunities (including dodgy carbon offsetting Ponzi schemes)  for the super-rich to park their wealth and prosper.

This great reset envisages a transformation of Western societies, resulting in permanent restrictions on fundamental liberties and mass surveillance. Being rolled out under the benign term of a ‘Fourth Industrial Revolution’, the World Economic Forum (WEF) says the public will eventually ‘rent’ everything they require (remember the WEF video ‘you will own nothing and be happy’?): stripping the right of ownership under the guise of a ‘green economy’ and underpinned by the rhetoric of ‘sustainable consumption’ and ‘climate emergency’.

Climate alarmism and the mantra of sustainability are about promoting money-making schemes. But they also serve another purpose: social control.

Neoliberalism has run its course, resulting in the impoverishment of large sections of the population. But to dampen dissent and lower expectations, the levels of personal freedom we have been used to will not be tolerated. This means that the wider population will be subjected to the discipline of an emerging surveillance state.

To push back against any dissent, ordinary people are being told that they must sacrifice personal liberty in order to protect public health, societal security (those terrible Russians, Islamic extremists or that Sunak-designated bogeyman George Galloway) or the climate. Unlike in the old normal of neoliberalism, an ideological shift is occurring whereby personal freedoms are increasingly depicted as being dangerous because they run counter to the collective good.

The real reason for this ideological shift is to ensure that the masses get used to lower living standards and accept them. Consider, for instance, the Bank of England’s chief economist Huw Pill saying that people should ‘accept’ being poorer. And then there is Rob Kapito of the world’s biggest asset management firm BlackRock, who says that a “very entitled” generation must deal with scarcity for the first time in their lives.

At the same time, to muddy the waters, the message is that lower living standards are the result of the conflict in Ukraine and supply shocks that both the war and ‘the virus’ have caused.

The net-zero carbon emissions agenda will help legitimise lower living standards (reducing your carbon footprint) while reinforcing the notion that our rights must be sacrificed for the greater good. You will own nothing, not because the rich and their neoliberal agenda made you poor but because you will be instructed to stop being irresponsible and must act to protect the planet.

NET-ZERO AGENDA

But what of this shift towards net-zero greenhouse gas emissions and the plan to slash our carbon footprints? Is it even feasible or necessary?

Gordon Hughes, a former World Bank economist and current professor of economics at the University of Edinburgh, says in a new report that current UK and European net-zero policies will likely lead to further economic ruin.

Apparently, the only viable way to raise the cash for sufficient new capital expenditure (on wind and solar infrastructure) would be a two decades-long reduction in private consumption of up to 10 per cent. Such a shock has never occurred in the last century outside war; even then, never for more than a decade.

But this agenda will also cause serious environmental degradation. So says Andrew Nikiforuk in the article The Rising Chorus of Renewable Energy Skeptics, which outlines how the green techno-dream is vastly destructive.

He lists the devastating environmental impacts of an even more mineral-intensive system based on renewables and warns:

“The whole process of replacing a declining system with a more complex mining-based enterprise is now supposed to take place with a fragile banking system, dysfunctional democracies, broken supply chains, critical mineral shortages and hostile geopolitics.”

All of this assumes that global warming is real and anthropogenic. Not everyone agrees. In the article Global warming and the confrontation between the West and the rest of the world, journalist Thierry Meyssan argues that net zero is based on political ideology rather than science. But to state such things has become heresy in the Western countries and shouted down with accusations of ‘climate science denial’.

Regardless of such concerns, the march towards net zero continues, and key to this is the United Nations Agenda 2030 for Sustainable Development Goals.

Today, almost every business or corporate report, website or brochure includes a multitude of references to ‘carbon footprints’, ‘sustainability’, ‘net zero’ or ‘climate neutrality’ and how a company or organisation intends to achieve its sustainability targets. Green profiling, green bonds and green investments go hand in hand with displaying ‘green’ credentials and ambitions wherever and whenever possible.

It seems anyone and everyone in business is planting their corporate flag on the summit of sustainability. Take Sainsbury’s, for instance. It is one of the ‘big six’ food retail supermarkets in the UK and has a vision for the future of food that it published in 2019.

Here’s a quote from it:

“Personalised Optimisation is a trend that could see people chipped and connected like never before. A significant step on from wearable tech used today, the advent of personal microchips and neural laces has the potential to see all of our genetic, health and situational data recorded, stored and analysed by algorithms which could work out exactly what we need to support us at a particular time in our life. Retailers, such as Sainsbury’s could play a critical role to support this, arranging delivery of the needed food within thirty minutes — perhaps by drone.”

Tracked, traced and chipped — for your own benefit. Corporations accessing all of our personal data, right down to our DNA. The report is littered with references to sustainability and the climate or environment, and it is difficult not to get the impression that it is written so as to leave the reader awestruck by the technological possibilities.

However, the promotion of a brave new world of technological innovation that has nothing to say about power — who determines policies that have led to massive inequalities, poverty, malnutrition, food insecurity and hunger and who is responsible for the degradation of the environment in the first place — is nothing new.

The essence of power is conveniently glossed over, not least because those behind the prevailing food regime are also shaping the techno-utopian fairytale where everyone lives happily ever after eating bugs and synthetic food while living in a digital panopticon.

FAKE GREEN

The type of ‘green’ agenda being pushed is a multi-trillion market opportunity for lining the pockets of rich investors and subsidy-sucking green infrastructure firms and also part of a strategy required to secure compliance required for the ‘new normal’.

It is, furthermore, a type of green that plans to cover much of the countryside with wind farms and solar panels with most farmers no longer farming. A recipe for food insecurity.

Those investing in the ‘green’ agenda care first and foremost about profit. The supremely influential BlackRock invests in the current food system that is responsible for polluted waterways, degraded soils, the displacement of smallholder farmers, a spiralling public health crisis, malnutrition and much more.

It also invests in healthcare — an industry that thrives on the illnesses and conditions created by eating the substandard food that the current system produces. Did Larry Fink, the top man at BlackRock, suddenly develop a conscience and become an environmentalist who cares about the planet and ordinary people? Of course not.

Any serious deliberations on the future of food would surely consider issues like food sovereignty, the role of agroecology and the strengthening of family farms — the backbone of current global food production.

The aforementioned article by Andrew Nikiforuk concludes that, if we are really serious about our impacts on the environment, we must scale back our needs and simplify society.

In terms of food, the solution rests on a low-input approach that strengthens rural communities and local markets and prioritises smallholder farms and small independent enterprises and retailers, localised democratic food systems and a concept of food sovereignty based on self-sufficiency, agroecological principles and regenerative agriculture.

It would involve facilitating the right to culturally appropriate food that is nutritionally dense due to diverse cropping patterns and free from toxic chemicals while ensuring local ownership and stewardship of common resources like land, water, soil and seeds.

That’s where genuine environmentalism and the future of food begins.

Economic Earthquake Ahead? The Cracks Are Spreading Fast

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By Brandon Smith

Source: The Burning Platform

One of my favorite false narratives floating around corporate media platforms has been the argument that the American people “just don’t seem to understand how good the economy really is right now.” If only they would look at the stats, they would realize that we are in the middle of a financial renaissance, right? It must be that people have been brainwashed by negative press from conservative sources…

I have to laugh at this notion because it’s a very common one throughout history – it’s an assertion made by almost every single political regime right before a major collapse. These people always say the same things, and when you study economics as long as I have you can’t help but throw up your hands and marvel at their dedication to the propaganda.

One example that comes to mind immediately is the delusional optimism of the “roaring” 1920s and the lead up to the Great Depression. At the time around 60% of the U.S. population was living in poverty conditions (according to the metrics of the decade) earning less than $2000 a year. However, in the years after WWI ravaged Europe, America’s economic power was considered unrivaled.

The 1920s was an era of mass production and rampant consumerism but it was all fueled by easy access to debt, a condition which had not really existed before in America. It was this illusion of prosperity created by the unchecked application of credit that eventually led to the massive stock market bubble and the crash of 1929. This implosion, along with the Federal Reserve’s policy of raising interest rates into economic weakness, created a black hole in the U.S. financial system for over a decade.

There are two primary tools that various failing regimes will often use to distort the true conditions of the economy: Debt and inflation. In the case of America today, we are experiencing BOTH problems simultaneously and this has made certain economic indicators appear healthy when they are, in fact, highly unstable. The average American knows this is the case because they see the effects everyday. They see the damage to their wallets, to their buying power, in the jobs market and in their quality of life. This is why public faith in the economy has been stuck in the dregs since 2021.

The establishment can flash out-of-context stats in people’s faces, but they can’t force the populace to see a recovery that simply does not exist. Let’s go through a short list of the most faulty indicators and the real reasons why the fiscal picture is not a rosy as the media would like us to believe…

The “miracle” labor market recovery

In the case of the U.S. labor market, we have a clear example of distortion through inflation. The $8 trillion+ dropped on the economy in the first 18 months of the pandemic response sent the system over the edge into stagflation land. Helicopter money has a habit of doing two things very well: Blowing up a bubble in stock markets and blowing up a bubble in retail. Hence, the massive rush by Americans to go out and buy, followed by the sudden labor shortage and the race to hire (mostly for low wage part-time jobs).

The problem with this “miracle” is that inflation leads to price explosions, which we have already experienced. The average American is spending around 30% more for goods, services and housing compared to what they were spending in 2020. This is what happens when you have too much money chasing too few goods and limited production.

The jobs market looks great on paper, but the majority of jobs generated in the past few years are jobs that returned after the covid lockdowns ended. The rest are jobs created through monetary stimulus and the artificial retail rush. Part time low wage service sector jobs are not going to keep the country rolling for very long in a stagflation environment. The question is, what happens now that the stimulus punch bowl has been removed?

Just as we witnessed in the 1920s, Americans have turned to debt to make up for higher prices and stagnant wages by maxing out their credit cards. With the central bank keeping interest rates high, the credit safety net will soon falter. This condition also goes for businesses; the same businesses that will jump headlong into mass layoffs when they realize the party is over. It happened during the Great Depression and it will happen again today.

Cracks in the foundation

We saw cracks in the narrative of the financial structure in 2023 with the banking crisis, and without the Federal Reserve backstop policy many more small and medium banks would have dropped dead. The weakness of U.S. banks is offset by the relative strength of the U.S. dollar, which lures in foreign investors hoping to protect their wealth using dollar denominated assets.

But something is amiss. Gold and bitcoin have rocketed higher along with economically sensitive assets and the dollar. This is the opposite of what’s supposed to happen. Gold and BTC are supposed to be hedges against a weak dollar and a weak economy, right? If global faith in the dollar and in the U.S. economy is so high, why are investors diving into protective assets like gold?

Again, as noted above, inflation distorts everything.

Tens of trillions of extra dollars printed by the Fed are floating around and it’s no surprise that much of that cash is flooding into the economy which simply pushes higher right along with prices on the shelf. But, gold and bitcoin are telling us a more honest story about what’s really happening.

Right now, the U.S. government is adding around $600 billion per month to the national debt as the Fed holds rates higher to fight inflation. This debt is going to crush America’s financial standing for global investors who will eventually ask HOW the U.S. is going to handle that growing millstone? As I predicted years ago, the Fed has created a perfect Catch-22 scenario in which the U.S. must either return to rampant inflation, or, face a debt crisis. In either case, U.S. dollar-denominated assets will lose their appeal and their prices will plummet.

“Healthy” GDP is a complete farce

GDP is the most common out-of-context stat used by governments to convince the citizenry that all is well. It is yet another stat that is entirely manipulated by inflation. It is also manipulated by the way in which modern governments define “economic activity.”

GDP is primarily driven by spending. Meaning, the higher inflation goes, the higher prices go, and the higher GDP climbs (to a point). Eventually prices go too high, credit cards tap out and spending ceases. But, for a short time inflation makes GDP (as well as retail sales) look good.

Another factor that creates a bubble is the fact that government spending is actually included in the calculation of GDP. That’s right, every dollar of your tax money that the government wastes helps the establishment by propping up GDP numbers. This is why government spending increases will never stop – It’s too valuable for them to spend as a way to make the economy appear healthier than it is.

The REAL economy is eclipsing the fake economy

The bottom line is that Americans used to be able to ignore the warning signs because their bank accounts were not being directly affected. This is over. Now, every person in the country is dealing with a massive decline in buying power and higher prices across the board on everything – from food and fuel to housing and financial assets alike. Even the wealthy are seeing a compression to their profit and many are struggling to keep their businesses in the black.

The unfortunate truth is that the elections of 2024 will probably be the turning point at which the whole edifice comes tumbling down. Even if the public votes for change, the system is already broken and cannot be repaired without a complete overhaul.

We have consistently avoided taking our medicine and our disease has gotten worse and worse.

People have lost faith in the economy because they have not faced this kind of uncertainty since the 1930s. Even the stagflation crisis of the 1970s will likely pale in comparison to what is about to happen. On the bright side, at least a large number of Americans are aware of the threat, as opposed to the 1920s when the vast majority of people were utterly conned by the government, the banks and the media into thinking all was well. Knowing is the first step to preparing.

The second step is securing your own financial future – that’s where physical precious metals can play a role. Diversifying your savings with inflation-resistant, uninflatable assets whose intrinsic value doesn’t rely on a counterparty’s promise to pay adds resilience to your savings. That’s the main reason physical gold and silver have been the safe haven store-of-value assets of choice for centuries (among both the elite and the everyday citizen).

Technocensorship: When Corporations Serve As a Front for Government Censors

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By John & Nisha Whitehead

Source: The Rutherford Institute

“Once a government is committed to the principle of silencing the voice of opposition, it has only one way to go, and that is down the path of increasingly repressive measures, until it becomes a source of terror to all its citizens and creates a country where everyone lives in fear. We must, therefore, be on our guard against extremists who urge us to adopt police state measures. Such persons advocate breaking down the guarantees of the Bill of Rights in order to get at the communists. They forget that if the Bill of Rights were to be broken down, all groups, even the most conservative, would be in danger from the arbitrary power of government.”—Harry S. Truman, Special Message to the Congress on the Internal Security of the United States (August 8, 1950)

Nothing good can come from allowing the government to sidestep the Constitution.

Unfortunately, the government has become an expert at disregarding constitutional roadblocks intended to protect the rights of the citizenry.

When these end-runs don’t suffice, the government hides behind the covert, clandestine, classified language of national security; or obfuscates, complicates, stymies, and bamboozles; or creates manufactured diversions to keep the citizenry in the dark; or works through private third parties not traditionally bound by the Constitution.

This last tactic is increasingly how the government gets away with butchering our freedoms, by having its corporate partners serve as a front for its nefarious deeds.

This is how the police state has managed to carry out an illegal secret dragnet surveillance program on the American people over the course of multiple presidential administrations.

Relying on a set of privacy loopholes, the White House (under Presidents Obama, Trump and now Biden) has been sidestepping the Fourth Amendment by paying AT&T to allow federal, state, and local law enforcement to access—without a warrant—the phone records of Americans who are not suspected of a crime.

The government used a similar playbook to get around the First Amendment, packaged as an effort to control the spread of speculative or false information in the name of national security.

As the House Judiciary Select Subcommittee on Weaponization of the Federal Government revealed, the Biden administration worked in tandem with social media companies to censor content related to COVID-19, including humorous jokes, credible information and so-called disinformation.

Likening the government’s heavy-handed attempts to pressure social media companies to suppress content critical of COVID vaccines or the election to “an almost dystopian scenario,” Judge Terry Doughty warned that “the United States Government seems to have assumed a role similar to an Orwellian ‘Ministry of Truth.’”

Restricting access to social media has become a popular means of internet censorship.

Dare to voice politically incorrect views in anything louder than a whisper on social media and you might find yourself suspended on Twitter, shut out of Facebook, and banned across various social media platforms. This authoritarian intolerance masquerading as tolerance, civility and love is what comedian George Carlin referred to as “fascism pretending to be manners.”

Social media censorship runs the gamut from content blocking, throttling, and filtering to lockouts, shutdowns, shadow banning and de-platforming.

In fact, these tactics are at the heart of several critical cases before the U.S. Supreme Court over who gets to control, regulate or remove what content is shared on the internet: the individual, corporate censors or the government.

Yet what those who typically champion the right of corporations to be free from government meddling get wrong about these cases is that there can be no free speech when corporations such as Facebook, Google or YouTube become a front for—or extensions of—government censors.

This is the very definition of technocensorship.

On paper—under the First Amendment, at least—we are technically free to speak.

In reality, however, we are now only as free to speak as a government official—or corporate entities such as Facebook, Google or YouTube—may allow.

Clothed in tyrannical self-righteousness, technocensorship is powered by technological behemoths (both corporate and governmental) working in tandem to achieve a common goal: to muzzle, silence and altogether eradicate any speech that runs afoul of the government’s own approved narrative.

This is political correctness taken to its most chilling and oppressive extreme.

This authoritarian impulse to censor and silence “dangerous” speech masquerading as tolerance, civility and a concern for safety (what comedian George Carlin referred to as “fascism pretending to be manners”) is the end result of a politically correct culture that has become radicalized, institutionalized and tyrannical.

You see, the government is not protecting us from “dangerous” disinformation campaigns. It is laying the groundwork to insulate us from “dangerous” ideas that might cause us to think for ourselves and, in so doing, challenge the power elite’s stranglehold over our lives.

Thus far, the tech giants have been able to sidestep the First Amendment by virtue of their non-governmental status, but it’s a dubious distinction at best when they are marching in lockstep with the government’s dictates.

As Philip Hamburger and Jenin Younes write for The Wall Street Journal: “The First Amendment prohibits the government from ‘abridging the freedom of speech.’ Supreme Court doctrine makes clear that government can’t constitutionally evade the amendment by working through private companies.”

It remains to be seen whether the Supreme Court can see itself clear to recognizing that censorship by social media companies acting at the behest of the government runs afoul of the First Amendment.

Bottom line: either we believe in free speech or we don’t.

The answer to the political, legal and moral challenges of our day should always be more speech, not less.

Any individual or group—prominent or not—who is censored, silenced and made to disappear from Facebook, Twitter, YouTube and Instagram for voicing ideas that are deemed politically incorrect, hateful, dangerous or conspiratorial should be cause for alarm across the entire political spectrum.

To ignore the long-term ramifications of such censorship is dangerously naïve, because whatever powers the government and its corporate operatives are allowed to claim now will eventually be used against the populace at large.

These social shunning tactics borrow heavily from the mind control tactics used by authoritarian cults as a means of controlling its members. As Dr. Steven Hassan writes in Psychology Today: “By ordering members to be cut off, they can no longer participate. Information and sharing of thoughts, feelings, and experiences are stifled. Thought-stopping and use of loaded terms keep a person constrained into a black-and-white, all-or-nothing world. This controls members through fear and guilt.”

This mind control can take many forms, but the end result is an enslaved, compliant populace incapable of challenging tyranny.

As Rod Serling, creator of The Twilight Zone, once observed, “We’re developing a new citizenry, one that will be very selective about cereals and automobiles, but won’t be able to think.”

The problem is that we’ve allowed ourselves to be persuaded that we need someone else to think and speak for us, and we’ve bought into the idea that we need the government and its corporate partners to shield us from that which is ugly or upsetting or mean. The result is a society in which we’ve stopped debating among ourselves, stopped thinking for ourselves, and stopped believing that we can fix our own problems and resolve our own differences.

In short, we have reduced ourselves to a largely silent, passive, polarized populace incapable of working through our own problems and reliant on the government to protect us from our fears.

As Nat Hentoff, that inveterate champion of the First Amendment, once observed, “The quintessential difference between a free nation, as we profess to be, and a totalitarian state, is that here everyone, including a foe of democracy, has the right to speak his mind.”

What this means is championing the free speech rights of those with whom we might disagree.

That’s why James Madison, the author of the Bill of Rights, fought for a First Amendment that protected the “minority” against the majority, ensuring that even in the face of overwhelming pressure, a minority of one—even one who espouses distasteful viewpoints—would still have the right to speak freely, pray freely, assemble freely, challenge the government freely, and broadcast his views in the press freely. He understood that freedom for those in the unpopular minority constitutes the ultimate tolerance in a free society.

The government has no tolerance for freedom or free speech of any kind that challenges its chokehold on power.

At some point or another, depending on how the government and its corporate allies define what constitutes “disinformation,” “hate” or “extremism, “we the people” might all be considered guilty of some thought crime or speech transgression or other.

Yet as I make clear in my book Battlefield America: The War on the American People and in its fictional counterpart The Erik Blair Diaries, it’s a slippery slope from censoring so-called illegitimate ideas to silencing truth.

Eventually, as George Orwell predicted, telling the truth will become a revolutionary act.

Ultimately, the government’s war on free speech—and that’s exactly what it is—is a war that is driven by a government fearful of its people.

As President John F. Kennedy observed, “[A] nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people.”

“WHO OWNS THE WORLD?” A SMALL GROUP OF BIG MONEY

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By Peter Koenig

Source: The 4th Media

“Who Owns the World” is the title of an extraordinary documentary, describing how Big-Big Money controls not only every aspect of your life, but has a stranglehold on every government, the political UN body, as well as every UN agency, and all industries and services of this globe.

These largest investors are BlackRock, Vanguard, and State Street.

These same investment groups also control over 90% of the world’s major media. Even Rupert Murdoch’s media empire is majority owned by BlackRock / Vanguard. It is therefore no miracle that hardly any news penetrates the walls of secrecy about these major shareholders of every aspect of human life and life-related activities and businesses.

It is a monopoly that can literally not be opposed by traditional means. They have also invented the “rules-based order” — overruling every international and national law at their will. They know no limits, no ethics and adhere to no human or human rights standard. POWER is them.

The two most powerful investors and investment managers are BlackRock and Vanguard. They are closely linked, to the point where their management is largely inter-changeable. Vanguard is BlackRock’s largest shareholder, meaning that they control BlackRock.

Though Vanguard is not transparent about its own shareholders, Vanguard is owned by the richest families on earth. Vanguard has been created to hide their investments and money transactions.

Through non-profit organizations, like the Rockefeller Foundation, Gates Foundation, Rothschild Foundation, JPMorgan Foundation, Clinton Foundation, Bush Foundation, Albert DuPont Charity Trust – and so on, billions of “donation” money is transferred – tax-free – to Vanguard, a shield for their potentially criminal transactions and funding.

The Bill and Melinda Gates Foundation is the largest funder of WHO. It also controls GAVI, the vaxx-alliance – and is therefore the most influential organization over human health – and death.

These same people, alias Foundations, also own Blackrock – which is why BlackRock and Vanguard are interchangeable or can act as one, if it is to their advantage.

According to Bloomberg, by 2028, the two will own / manage some 20 trillion dollars – about a fifth of the current world GDP.

If joined by State Street, as is often the case, the world’s fourth largest investment manager, you may add another US$ 3 to US$ 4 trillion of managed assets. Sometimes they are joined by Berkshire Hathaway, City Bank, Bank of America, Chase & Co, Goldman Sachs… adding another few trillion of managed assets to their pie.

However, these second or third ranking financial institutions, in turn, are also owned by BlackRock and Vanguard. One might call it an omnipotent vicious circle from which it is almost impossible to escape.

See this one-hour Rumble-video for more details and network of ownership that literally rules the worldhttps://rumble.com/vn7lf5-monopoly-who-owns-the-world-must-see.html .

With that power they can leverage every country in the world, every institution, and every corporation – as they are the largest shareholders of the industrial, military, service and infrastructure investment machine that makes the world turn.

—-

Please allow just a little detour to Gaza, where the Zionist racist massacre of an entire population has been going on as today for 141 days. Some 30,000 Palestinian have been killed; 70% children and women. Children and women are the prime targets, because children are the next generation and women are the bearer of the next generation – they must be eliminated by the supremacist Zionists.

The horror and inhumanity have no words, cannot be appropriately described with our human vocabulary: Bombs have liquidated an entire family. The mutilated body of a seven-year-old girl, Sidra, is hanging from a wall. Hind, a six-year-old girl, was mercilessly killed by Israeli armed forces, as she was begging for help from an ambulance, surrounded by the cadavers of her killed family. As illustrated by “Hildebrandt”, a Peruvian, renowned non-mainstream news media (23 February 2024).

Tell me, please, are these all-powerful financial conglomerates not powerful enough to stop this massacre at once? They hold entire nations hostage to do their bidding, but they cannot stop Israel, the Zionists behind the State of Israel, from their merciless atrocious killing, murder, massacre of an entire population?

Are they powerful enough to preventing the United States, their Anglosaxon and European puppet governments from halting their money, weapon, and “moral” support of the Zionist onslaught? – Or is their power behind the US veto breaking the UN Security Council’s quest for a Ceasefire in Gaza?

In any case, by not using their power to stop the Zionist war against Palestine, to stop any war, any killing in the world, are they not complicit in the mass-murders in Gaza and around the world by not ending them?

They could. Why are they not doing it?

They are drunk with Power – and as we know, power and money have been derailing humanity for a long time – but now the extent of shame and barbarism has reached a level, where our civilization risks to disappear; and where there is no way to escape – not the traditional ways.

BlackRock / Vanguard are also major shareholders in the secondary and tertiary asset management and banking institutions. So, they control the managed investments of, say, Goldman Sachs, Bank of America, City, Chase, Morgan-Stanley – you name it.

If you invest, for example, in a food conglomerate, like Nestlé, Unilever, PepsiCo, most have no idea that they invest in BlackRock / Vanguard, major shareholders of these food corporations, and by doing so, they also invest in the worldwide military industrial (killing) complex which is too is controlled by BlackRock / Vanguard.

BlackRock / Vanguard / State Street are also the powers behind the power – most often invisible. For example, BlackRock has close links with many Central Banks, especially with the Federal Reserve.

They lend money to the FED – and are a principal adviser to the FED and most likely to other central banks, including they advise on computer systems they use and which connects them.

BlackRock, is by far the largest influencer and donor, or “partner”, as they prefer to call themselves, therefore, also “commander”, of the World Economic Forum (WEF), the entire UN system, its political arm, as well as its sub-agencies – and by proxy, also the World Health Organization (WHO) – and not to forget GAVI, the Vaccination Association, physically located just next door to WHO – and by further extension, Big-Pharma, the pharma industry.

Together with their faithful think-alike executer of WEF’s mandates, Mr. Klaus Schwab, as well as the multibillionaires, such as the Gates, Rockefellers, Soros’ of this world, one can easily deduct – they – BlackRock and Co. – control our lives – health and death.

Through their world-domineering ownership of all that moves, shakes, and produces, they are globalists, eugenists and “green-agenda” eccentrics – pushing the climate change lie – come hell or high water. Costs in money and lives do not matter.

Were these financial monsters behind the covid-plandemic idea? What a question!

Their agenda – eugenist, destruction of current economic structures to rebuild according to this small elite’s criteria – is clearly spelled out by the Club of Rome’s (CoR) “Limits to Growth” (1972), and the follow-on Report “The First Global Revolution” (1991) which claims early on in its text that annihilation of the current system is a MUST, to rebuild, bringing the fundamental changes in favor of the elite – with eugenics and absolute control always in the fore.

Is the CoR at the service of the global financial empire? After all, the same powers are behind both.

Not by coincidence, the Rockefeller Group is the inventor of the Club of Rome, today comfortably seated, tax free and with full diplomatic immunity, in Switzerland.

The fake Covid plandemic is the first building block for this all-destructive mechanism, the “corner stone’ of destruction, so to speak. The lockdowns, the inhuman, totally invalid PCR tests, the fear-mongering – the invented covid-death rates – were very effective in manipulating people, but also in laying the groundwork for the overall annihilation of our society and even civilization, in shifting assets from the bottom to the top – and in abolishing the world economy that carries our civilization.

Once the people were shivering from fear, the deadly “vaxxes” were introduced. Lo and behold, by now, despite ever-louder opposition – about 5.7 billion people – out of the world’s 8 billion (more than 70%) have received at least one jab – and most got 2 or 3 injections.

These poisonous injections are in the human bodies and may most likely react sooner or later. According to Mike Yeadon, former VP and Chief scientist of Pfizer – over the next three to ten years, the death-toll will increase probably drastically, but most people will not link it to the “vaxxes” — either because they have been indoctrinated that deaths are due to long or late covid, or because they suffer from and live in cognitive dissonance.

Big Money to own and control it all, must drastically reduce world population. This is propagated by the WEF,  and as of this day by the CoR (see this https://www.globalresearch.ca/author-limits-growth-promotes-genocide-86-world-population/5818133 .

WEF’s Chairman, Klaus Schwab’s top advisor, Israeli Professor, Yuval Noah Harari, asks openly what to do with the “useless eaters” when their “raison d’être” has ben replaced by Artificial Intelligence (AI). Giving them a base salary for (temporary) survival, getting them hooked on violent video games to prep them for the future, and to let them gradually “disappear”?
—–

In addition to severe human injuries and death, the vaxxes also reduce male and female fertility, cause miscarriages, highly aggressive and lethal turbo-cancers, and if course, myocardities and sudden deaths.

Overall excess mortality in the west is as high as 20% in some countries. In the UK, where excess deaths are alarming the common public, they have started modifying statistics to erase surplus mortality.

In parallel, mostly funded by the Soros Open Society Foundation, the Woke movement is ravaging the western world, with promotion of sex changes – and the infamous “multi-letter” agenda – LGBTQIA+ = Lesbian, Gay, Bisexual, Transgender, Queer, Intersex, and Asexual. WOW! – This is promoted in schools, in some countries with strict bans of parents’ interference in their children’s, as young as 11 years, wishes for sex-change.

This agenda reduces birth rates further.

Endless wars – create chaos, confusion, desperation and, of course, also deaths.

The Money Masters have succeeded in creating the first building blocks. WHO may soon become the most powerful health (life and death) tyranny on earth, if the infamous Pandemic Treaty and the harshly modified International Health Regulations (IHR) are approved at the upcoming World Health Assembly (WHA) in May 2024.

Knowing who is in possession and control of WHO and the WHA, the world is called upon to exit WHO. Internationally renowned Dr Peter McCullough testified in the European Parliament in Strasbourg, about the social and economic consequences of covid vaxxes, as well as the potentially impending WHO tyranny – concluding with a call on the EU and the US – and the rest of the world to exit WHO.

See this https://www.unitedaustraliaparty.org.au/video/dr-peter-mccullough-testified-in-the-european-parliament-in-strasbourg-chaired-by-christine-anderson/ .

To retake the world, by We the People, leaving BlackRock, Vanguard & Co. behind, exiting the UN system and WHO – would be the next step. Most important, and possibly the only way defeating this money power, is withdrawing from the current societal system and start afresh.

Small communal economies – as far away as possible from any digitization – with a dynamic cooperation among themselves, evolving naturally and on a higher spiritual level than the low vibrating one which is typical for our material world and the present strive for ever more material goods.

“Only when we are divided, can the elite retain its power over us.”

“The Wound is the Place, where the Light enters You”. By the great Sufi poet, Rumi

Their weapons are blackmail and fear.

WE MUST NOT FEAR.

We are the 99%.

We can do it.

And we MUST do it for survival of humanity.

Peter Koenig is a geopolitical analyst and a former Senior Economist at the World Bank and the World Health Organization (WHO), where he worked for over 30 years around the world. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed; and  co-author of Cynthia McKinney’s book “When China Sneezes: From the Coronavirus Lockdown to the Global Politico-Economic Crisis” (Clarity Press – November 1, 2020) Peter is a Research Associate of the Centre for Research on Globalization (CRG). He is also a non-resident Senior Fellow of the Chongyang Institute of Renmin University, Beijing.

Global Economic War Is Coming And The Threat To The US Dollar Is Real

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By Brandon Smith

Source: Alt-Market.us

In a recent statement posted to social media, Tucker Carlson explained succinctly his many reasons for traveling to Russia to interview President Vladimir Putin. His decision, mired in an avalanche of outrage from leftist media talking heads and a multitude of western politicians, was inspired by Carlson’s concern that Americans have been misdirected by corporate propaganda leaving the public completely uneducated on the war in Ukraine and what tensions with the East might lead to.

I agree. In fact, I don’t think the majority of Americans have a clue what the real consequences of a global war with Russia and its allies would look like. Even if the conflict never resulted in shots fired and stayed confined to the realm of economic warfare, the US and most of Europe would be devastated by the effects.

Carlson specifically mentioned dangers to the status of the US dollar, and I suspect this comment probably mystified a great number of people. Most of the population cannot fathom the idea of a US dollar implosion set in motion by a foreign dump of the greenback as the world reserve currency. They really do believe the dollar is invincible.

The most delusional people are, unfortunately, those within mainstream economic circles. They just can’t seem to grasp that the west is in the midst of financial collapse already, and war would accelerate the effects to levels not seen since the Great Depression.

I have been warning about this outcome for many years. I think I have made my position clear in the past; I suspect the conflict between east and west has been carefully engineered over the course of a decade or more, and Russia is not innocent in this affair.

Russia has consistently collaborated with globalist institutions including the International Monetary Fund in the effort to create a new “global reserve currency system.” In other words, the interests of Russia and the globalists do indeed intersect in a number of ways and the war in Ukraine has not necessarily changed that.  Time Magazine even complained last year about the IMF issuing positive reports about Russia’s economy – They thought the organization was going to repeat the false NATO narrative that Russia was in the midst of fiscal implosion.  Instead, the IMF essentially praised Russia’s resiliency in the face of sanctions.

As I noted in 2014 in my article ‘False East/West Paradigm Hides Rise Of Global Currency’ in reference to the burgeoning war with Ukraine.

“I would remind pro-Putin cheerleaders that Putin and the Kremlin first pushed for the IMF to take control of the Ukrainian economy, and the IMF is now demanding that Ukraine fight Russia in exchange for financial support. This might seem like irony to more foolhardy observers; but to those who are aware of the false East/West paradigm, it is all the part of a greater plan for consolidation of power.”

I also argued that:

“I have warned for quite some time that the development of East/West tensions would be used as a cover for a collapse of the dollar system. I have warned that among the American media this collapse would be blamed on an Eastern dump of foreign exchange reserves and treasuries, resulting in a global domino-effect ending U.S. world reserve status.”

From the moment Ukrainian President Viktor Yanukovych was deposed (many argue that this was done with the help of western intel agencies) the agenda for WWIII was set in motion. Both sides seemed to create the circumstances by which a conflagration was unavoidable.

Russia, strangely, supported the intervention of the IMF to secure Ukraine’s economy. The IMF then asserted that Ukraine would have to fight Russia to keep control of the Donbas or risk losing the financial aid that was keeping the country alive. Is this irony, or is there something else going on here?

NATO started arming Ukraine, and Ukraine used those arms to slaughter civilians in the Donbas. The eastern population wanted to join with Russia, and Ukraine had no intention of allowing this (IMF funding was on the line). In the meantime, the government began openly discussing the official inclusion of Ukraine into NATO. Russia then invaded, taking the Donbas. Now the entire region is a powder keg and both sides are ready to light the fuse.

But let’s look at this situation as if there was no globalist involvement in facilitating the crisis, just for a moment as an exercise in critical thinking…

If I had to pick a side that is “more right” in their position, it would have to be Russia, but not for the reasons many leftists might imagine when conservatives defend Russia.  The bottom line is that the left blindly follows establishment dictates while the rest of us are at least willing to look at the situation from both sides (which is the same thing Tucker Carlson is doing, and he’s being accused of treason for it).

Imagine if China was working to create a military alliance with Mexico with the potential for the Chinese military to stage long range weapons and soldiers on the American southern border? Imagine the chaos that this would cause in the US (maybe they would finally secure the border)? That’s what Russia was facing with Ukraine. Hell, America almost initiated global nuclear war when the Soviets staged missiles in Cuba in 1962. Military operations so close to the borders of major national powers are not a joke.

This was exact rationale for the war on Ukraine cited by Putin in his discussion with Tucker Carlson, and it makes sense.  Again, if we look at the events without the prospect of globalist interference.  But what if we start to consider who benefits the most from this war?

I certainly don’t trust Putin, but that doesn’t negate the Orwellian behavior of European and American political leaders. There is something going on here beyond the typical mechanisms of geopolitical brinkmanship. The conflict has wide ranging consequences and only serves the goals of a select group of elites.  I suspect elements of both Russia and NATO governments are either knowingly or unwittingly serving these interests.

It is undeniable. It is a verifiable reality – Many of our political leaders and elitist institutions are corrupt beyond comprehension. They are seeking an authoritarian reformation, a “great economic reset” and they are triggering multiple conflicts around the world. We saw the mask come off during covid. These people are not merely misguided; they are monsters, and they are hungry. It’s not beyond them to conjure a worldwide calamity and sacrifice the west like a goat on the altar to get the total centralization they desire.

The East/West paradigm plays into this plan perfectly. The BRICS nations are poised to drop the dollar as world reserve; some have already done so in bilateral trade. Make no mistake, if the conflict in Ukraine (and other parts of the world like Syria or Iran) continues to escalate nations like China will move to dump their dollar holdings just as Russia did. As the largest importer/exporter in the world, many countries would follow China’s lead and shift into a basket of currencies instead of the dollar for international trade.

What does this mean?

The dollar, which has been hyperinflated through more than a decade of Federal Reserve QE money printing, has continued to remain stable only because it is the world reserve and the petro-currency. Foreign banks hold trillions in US currency in overseas coffers for this very reason. With the loss of reserve status, an endless river of dollars will then flood back into the US as foreign investors diversify away from the Fed note. Result? Massive inflationary collapse.

This is what’s at stake. This is what Tucker Carlson was referring to, and far too many in America just don’t get it. Globalists benefit because this is what they have been working towards for decades – The deconstruction of US society and the economy so that the “old world order” can be replaced with their “new world order” of Central Bank Digital Currencies.  An IMF one-world currency basket and a host of other highly unpleasant socialist changes would swiftly follow.

The BRICS might be working with the IMF because they see the dethroning of the dollar as an opportunity to gain greater influence over international trade.  Or, maybe they are controlled opposition and they are scrambling for a seat at the NWO table.  In the end, the fall of the dollar would be a watershed moment for the formation of a global currency system.

And the best part for globalists is, they will be seen as the “heroes” when it’s all over. They spent the better part of the last century setting up America for economic failure through their devaluation of the dollar and the creation of a national debt trap. The system was going to break anyway, but now they can divert all blame to war and the “arrogance of nation states” and then come to the rescue with their dystopian digital money.

An east/west conflict opens the door to the Great Reset.  It is, in a lot of ways, the core of the Reset.  Everything in the new world order agenda relies on it.  Right now, the only thing holding back the tide is the public’s general refusal to fight. No one is interested in going overseas to die in a meaningless battle for Ukraine (Zelensky is truly delusional if he thinks Americans will shed blood in his trenches – Even a draft would be an utter failure). No one is interested in starting WWIII, whether it be nuclear or just economic.

I think the establishment’s outrage over Tucker Carlson interviewing Putin is based on their fear that western audiences are already skeptical of the motives behind the conflict and an unfiltered discussion on the war might galvanize this feeling.  The notion of war is becoming harder and harder for the establishment to sell.

This, however, does not negate the ability of NATO or Russia in expanding the crisis beyond Ukraine into other regions or into financial subterfuge (again, keep your eyes on Syria and Iran). Ultimately, they want us to choose sides, but only from the list of sides they approve. Liberty minded groups in the west need to choose our OWN side and fight for our own interests. It can’t be about NATO vs Russia, it has to be about free people vs the globalists. This is the only way these disaster events will ever end.

The Global Deep State: A Fascist World Order Funded by the American Taxpayer

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By John & Nisha Whitehead

Source: The Rutherford Institute

“The madmen are in power.”— Philip K. Dick, The Man in the High Castle

The debate over U.S. foreign aid is a distraction.

That’s not to say that the amount of taxpayer money flowing to foreign countries in the form of military and economic assistance is insignificant. Even at less than 1% of the federal budget, the United States still spends more on foreign aid than any other nation.

The latest foreign aid spending bill includes $95 billion for Ukraine, Israel and Taiwan.

Since World War II, the U.S. has given more foreign aid to Israel than any other country ($318 billion), with the bulk of those funds designated for Israel’s military efforts.

Even so, more than 150 countries around the world receive U.S. taxpayer-funded assistance.

As Forbes reports, “U.S. foreign aid dwarfs the federal funds spent by 48 out of 50 state governments annually. Only the state governments of California and New York spent more federal funds than what the U.S. sent abroad each year to foreign countries.”

Whether or not that some of that foreign aid is used for legitimate purposes, the global welfare system itself is riddled with corruption and waste. As Adam Andrzejewski rightly asks, “Do taxpayers instinctively know that they are funding choir directors in Turkmenistan, filmmakers in Peru, aid for poultry farmers Tanzania, and sex education workshops for prostitutes in Ethiopia?”

The problem is not so much that taxpayers are unaware of how their hard-earned dollars are being spent. Rather, “we the people” continue to be told that we have no say in the matter.

We have no real say in how the government runs, or how our taxpayer funds are used, but that doesn’t prevent the government from fleecing us at every turn and forcing us to pay for endless wars that do more to fund the military industrial complex than protect us, pork barrel projects that produce little to nothing, and a police state that serves only to imprison us within its walls.

This financial tyranny persists whether it’s a Democrat or Republican at the helm.

At a time when the government is spending money it doesn’t have on programs it can’t afford, the national debt continues to grow, our infrastructure continues to deteriorate, and our borders continue to be breached.

What is going on?

The “government of the people, by the people, for the people” has been overtaken by a shadow government—a corporatized, militarized, entrenched global bureaucracy—that is fully operational and running the country.

This powerful international cabal made up of international government agencies and corporations—let’s call it the Global Deep State—is just as real as the corporatized, militarized, industrialized American Deep State, and it poses just as great a threat to our rights as individuals under the U.S. Constitution, if not greater.

Clearly, we have entered into a new world order: fascism on a global scale.

It remains unclear whether the American Deep State (“a national-security apparatus that holds sway even over the elected leaders notionally in charge of it”) answers to the Global Deep State, or whether the Global Deep State merely empowers the American Deep State. However, there is no denying the extent to which they are intricately and symbiotically enmeshed and interlocked.

Consider the extent to which our lives and liberties are impacted by this international convergence of governmental and profit-driven corporate interests in the surveillance state, the military industrial complex, the private prison industry, the intelligence sector, the security sector, the technology sector, the telecommunications sector, the transportation sector, and in recent years, the pharmaceutical-health sector.

All of these sectors are dominated by mega-corporations operating on a global scale and working through government channels to increase their profit margins. The profit-driven policies of these global corporate giants influence everything from legislative policies to economics to environmental issues to medical care.

Global Disease

The COVID-19 pandemic propelled us into a whole new global frontier in which those hoping to navigate this interconnected and highly technological world of contact tracing, vaccine passports and digital passes find themselves grappling with issues that touch on deep-seated moral, political, religious and personal questions for which there may be no clear-cut answers.

Our ability to access, engage and move about in the world has now become dependent on which camp we fall into: those who have been vaccinated against whatever the powers-that-be deem to be the latest Disease X versus those who have not.

This is what M.I.T. professor Ramesh Raskar refers to as the new “currency for health,” an apt moniker given the potentially lucrative role that Big Business (Big Pharma and Big Tech, especially) will play in establishing this pay-to-play marketplace. The airline industry has been working on a Travel Pass. IBM is developing a Digital Health Pass. And the U.S. government has been all-too-happy to allow the corporate sector to take the lead.

“It is the latest status symbol. Flash it at the people, and you can get access to concerts, sports arenas or long-forbidden restaurant tables. Some day, it may even help you cross a border without having to quarantine,” writes Heather Murphy for the New York Times. “The new platinum card of the Covid age is the vaccine certificate.”

Global Surveillance

Spearheaded by the National Security Agency, which has shown itself to care little for constitutional limits or privacy, the surveillance state has come to dominate our government and our lives.

Yet the government does not operate alone. It cannot. It requires an accomplice. Thus, the increasingly complex security needs of our massive federal government, especially in the areas of defense, surveillance and data management, have been met within the corporate sector, which has shown itself to be a powerful ally that both depends on and feeds the growth of governmental bureaucracy.

Take AT&T, for instance. Through its vast telecommunications network that crisscrosses the globe, AT&T provides the U.S. government with the complex infrastructure it needs for its mass surveillance programs. According to The Intercept:

“The NSA considers AT&T to be one of its most trusted partners and has lauded the company’s ‘extreme willingness to help.’ It is a collaboration that dates back decades. Little known, however, is that its scope is not restricted to AT&T’s customers. According to the NSA’s documents, it values AT&T not only because it ‘has access to information that transits the nation,’ but also because it maintains unique relationships with other phone and internet providers. The NSA exploits these relationships for surveillance purposes, commandeering AT&T’s massive infrastructure and using it as a platform to covertly tap into communications processed by other companies.”

Now magnify what the U.S. government is doing through AT&T on a global scale, and you have the “14 Eyes Program,” also referred to as the “SIGINT Seniors.” This global spy agency is made up of members from around the world (United States, United Kingdom, Australia, Canada, New Zealand, Denmark, France, Netherlands, Norway, Germany, Belgium, Italy, Sweden, Spain, Israel, Singapore, South Korea, Japan, India and all British Overseas Territories).

Surveillance is just the tip of the iceberg when it comes to these global alliances, however.

Global War Profiteering

War has become a huge money-making venture, and America, with its vast military empire and its incestuous relationship with a host of international defense contractors, is one of its biggest buyers and sellers.

The American military-industrial complex has erected an empire unsurpassed in history in its breadth and scope, one dedicated to conducting perpetual warfare throughout the earth. For example, while erecting a security surveillance state in the U.S., the military-industrial complex has perpetuated a worldwide military empire with American troops stationed in 177 countries (over 70% of the countries worldwide).

Although the federal government obscures so much about its defense spending that accurate figures are difficult to procure, we do know that since 2001, the U.S. government has spent more than $1.8 trillion in the wars in Afghanistan and Iraq (that’s $8.3 million per hour). That doesn’t include wars and military exercises waged around the globe, which are expected to push the total bill upwards of $12 trillion by 2053.

The illicit merger of the global armaments industry and the Pentagon that President Dwight D. Eisenhower warned us against more than 50 years ago has come to represent perhaps the greatest threat to the nation’s fragile infrastructure today. America’s expanding military empire is bleeding the country dry at a rate of more than $15 billion a month (or $20 million an hour)—and that’s just what the government spends on foreign wars. That does not include the cost of maintaining and staffing the 1000-plus U.S. military bases spread around the globe.

Incredibly, although the U.S. constitutes only 5% of the world’s population, America boasts almost 50% of the world’s total military expenditure,  spending more on the military than the next 19 biggest spending nations combined. In fact, the Pentagon spends more on war than all 50 states combined spend on health, education, welfare, and safety. There’s a good reason why “bloated,” “corrupt” and “inefficient” are among the words most commonly applied to the government, especially the Department of Defense and its contractors. Price gouging has become an accepted form of corruption within the American military empire.

It’s not just the American economy that is being gouged, unfortunately.

Driven by a greedy defense sector, the American homeland has been transformed into a battlefield with militarized police and weapons better suited to a war zone. President Biden, marching in lockstep with his predecessors, has continued to expand America’s military empire abroad and domestically in a clear bid to pander to the powerful money interests (military, corporate and security) that run the Deep State and hold the government in its clutches.

Global Policing

Glance at pictures of international police forces and you will have a hard time distinguishing between American police and those belonging to other nations. There’s a reason they all look alike, garbed in the militarized, weaponized uniform of a standing army.

There’s a reason why they act alike, too, and speak a common language of force: they belong to a global police force.

For example, Israel—one of America’s closest international allies and one of the primary yearly recipients of more than $3 billion in U.S. foreign military aid—has been at the forefront of a little-publicized exchange program aimed at training American police to act as occupying forces in their communities. As The Intercept sums it up, American police are “essentially taking lessons from agencies that enforce military rule rather than civil law.”

This idea of global policing is reinforced by the Strong Cities Network program, which trains local police agencies across America in how to identify, fight and prevent extremism, as well as address intolerance within their communities, using all of the resources at their disposal. The cities included in the global network include New York City, Atlanta, Denver, Minneapolis, Paris, London, Montreal, Beirut and Oslo.

The objective is to prevent violent extremism by targeting its source: racism, bigotry, hatred, intolerance, etc. In other words, police—acting as extensions of the United Nations—will identify, monitor and deter individuals who exhibit, express or engage in anything that could be construed as extremist.

Of course, the concern with the government’s anti-extremism program is that it will, in many cases, be utilized to render otherwise lawful, nonviolent activities as potentially extremist.

Keep in mind that the government agencies involved in ferreting out American “extremists” will carry out their objectives—to identify and deter potential extremists—in concert with fusion centers (of which there are 78 nationwide, with partners in the private sector and globally), data collection agencies, behavioral scientists, corporations, social media, and community organizers and by relying on cutting-edge technology for surveillance, facial recognition, predictive policing, biometrics, and behavioral epigenetics (in which life experiences alter one’s genetic makeup).

This is pre-crime on an ideological scale and it’s been a long time coming.

Are you starting to get the picture now?

The government and its global partners have struck a deal that puts the American people on the losing end of the bargain.

On almost every front, whether it’s the war on drugs, or the sale of weapons, or regulating immigration, or establishing prisons, or advancing technology, or fighting a pandemic, if there is a profit to be made and power to be amassed, our freedoms are being eroded while the Global Deep State becomes more entrenched.

We’ve been losing our freedoms so incrementally for so long—sold to us in the name of national security and global peace, maintained by way of martial law disguised as law and order, and enforced by a standing army of militarized police and a political elite determined to maintain their powers at all costs—that it’s hard to pinpoint exactly when it all started going downhill, but we’re certainly on that downward slope now, and things are moving fast.

Given the dramatic expansion, globalization and merger of governmental and corporate powers, we’re not going to recognize this country 20 years from now.

As I make clear in my book Battlefield America: The War on the American People and in its fictional counterpart The Erik Blair Diaries, the U.S. government will not save us from the chains of the Global Deep State. It’s too busy selling us to the highest bidder.