Category Archives: Economics

Subcomandante Bloomberg

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By CJ Hopkins

Source: Consent Factory, Inc.

Break out the pussyhats and vuvuzelas, folks, because the neoliberal Resistance is back, and this time they’re not playing around. No more impeachments and investigations. It’s time to go mano-a-mano with Trump, and they’ve finally got just the bad hombre to do it. No, not Bernie Sanders, you commies. A battle-hardened Resistance fighter. El Caballo Pequeño! El Jefe Mínimo! Subcomandante Michael Bloomberg!

Yes, that’s right, Michael Bloomberg, multi-billionaire Republicrat oligarch, has mobilized a guerilla army of overpaid PR professionals, Wall Street sociopaths, liberal racists, and anti-outdoor-smoking fanatics, and is steamrolling toward the Democratic convention to buy a brokered nomination and save America from “Putinism.” He’s had it with you sugary-soft-drink-drinking, chain-smoking, gun-toting, Oxy-gobbling, Hitler-loving, Putinist peasants and your infatuation with Donald Trump. So he’s decided to transform the entire country into a sterile, upscale, fascist themepark where you can rent a studio for $3,000 a month and the cops keep “the darkies” in their place, like he successfully did to New York City.

Although his campaign seemed to come out of nowhere (and sort of resembles a desperate attempt to prevent a Bernie Sanders nomination), the Resistance have been planning this corporatist Tet Offensive for quite some time. Apparently, Subcomandante Bloomberg and his inner circle of sub-subcomandantes have been hiding out deep in the mountainous jungles of Manhattan’s affluent Upper East Side (or in the Hamptons, or London, or in one of El Jefe’s other multi-million-dollar homes) since Trump and the Russians invaded the country, waiting for the perfect moment to start inundating the American people with television commercials and social media posts informing them of his “electability.”

Clearly, that moment has now arrived.

Bloomberg has spent over $400 million on TV, radio, and digital ads, and it isn’t even Super Tuesday yet. He bought the Democratic National Committee and had them change the rules so he could join the debates (which, based on his poor performance in Las Vegas, might not have been the most brilliant strategy). He has been buying politicians, community organizers, journalists, pundits, his opponents’ campaign staff, Instagram and Facebook influencers, and everyone else he can possibly buy to support his campaign to buy the presidency … which is totally legal, and the American way, and is our only hope of overthrowing the Putin-Nazi Occupation Government and regaining our God-given capitalist freedom!

Sure, to some folks, it looks … well, unseemly (not to mention decidedly undemocratic), this Wall Street oligarch attempting to bribe and bully his way into the White House, but, given the stakes, what choice do we have? As the corporate media and intelligence agencies have been telling us for the last three years, the country is under occupation by an evil conspiracy of Russian-backed Nazis personally controlled by Vladimir Putin! More or less any moment now, Putin is going to order Trump to nullify the U.S. Constitution, declare martial law, appoint himself Führer, and start rounding up and murdering the Jews … or investigating Hunter Biden, or the spooks who have been trying to force him out of office.

This Putin-Nazism cannot continue! Trump must be deposed, no matter the cost. As Robert Reich put it in this piece in The Guardian:

“If the only way we can get rid of the sociopathic tyrant named Trump is with an oligarch named Bloomberg, we will have to choose the oligarch.”

There you have it, folks. We’ll have to choose Bloomberg, or else his golf buddy, Literal Hitler, will destroy the fabric of democracy, or whatever.

Another op-ed in The Washington Post, It Might Be Time to Take Bloomberg Seriously, wondered, if it comes down to Bloomberg versus Bernie:

“Do you choose socialism or capitalism? An ideologue or an executive? Are you really going to ask Americans to trade one extreme for the other, or do you want to offer them a certified, electable moderate?”

Vox, in its “Case for Michael Bloomberg — Mike Bloomberg and His Billions Are What Democrats Need to Beat Trump,” observes that, sure, Bloomberg has drawbacks, like his history of racist remarks and policies, abusing women, oppressing the poor, and just generally being an arrogant little authoritarian corporatist creep, but hey, he’s apologized for all that stuff, and he’ll probably never do it again.

Plus, according to this piece in …uh, Bloomberg Opinion (which “does not necessarily reflect the views and opinions of Bloomberg LP and its owners”), The 2020 Election Is a Choice Between Democracy and Putinism! At the end of the day, once the dust has settled:

“It will come down to rule of law. In November, Americans will decide whether they will fight for the foundation of liberal democracy and democratic capitalism or whether they will accede to Putinism.”

You’ll be hearing variations of this message over and over, and over again, as we approach election day in November … that is, assuming Bloomberg and the rest of the Resistance can buy, bribe, badger, and bamboozle enough Democratic voters into nominating him. First, they need to deal with Bernie Sanders and his swarm of kill-crazy commie terrorists (who rumor has it are also being remotely controlled by Vladimir Putin). To do this, all they will need to do is deny Sanders a first ballot win in Milwaukee, which shouldn’t be too hard to accomplish. Sure, a brokered convention will be ugly, but, as Robert Reich said, they’ll have to do it, or else … well, you know, end of democracy.

Yes, I’m aware that Subcomandante Bloomberg blew his first debate (prompting Twitter pundits to pronounce him DOA) and that millions of “progressive” Democrats hate him, and that the corporate media are running a lot of “Bloomberg’s Nasty Past” pieces now (in order to maintain the appearance of journalism), but, make no mistake, if he secures the nomination, they’ll be lining up to “reluctantly” endorse him, because the alternative will be Russian Hitler!

Look, it’s easy to get distracted by the day-to-day ups and downs of the horse race (which is the primary purpose of the horse race, after all) and forget that we are in the middle of a global capitalist War on Populism … a war that GloboCap intends to win. Sure, they will survive another four years of Trump (or even four years of Sanders if they have to), but, at some point, in order to restore “normality,” or “democratic capitalism,” or whatever, they are probably going to need to stop dicking around and install a bona fide global capitalist oligarch in the Oval Office. They are going to need to do this in order to crush the hopes of the populist insurgency that erupted in the Spring of 2016, and led to the rise of Donald Trump, Bernie Sanders, Jeremy Corbyn, the Brexit, the ongoing protests in France, the downfall of Angela Merkel, etc.

Another Obama is not going to cut it … people aren’t buying that con anymore. No, if the empire is going to reestablish control, it is going to need to take its liberal mask off, and shove a blatant corporatist oligarch like Bloomberg down the public’s throat in order to remind everyone who’s boss. It may not be Michael Bloomberg this time, but it is going to be someone like Bloomberg eventually. Someone powerful, and extremely unpleasant, who will be sold to us as the only one who can save the world from the “Nazis” and the “Russians” … which will necessitate taking some very extreme measures, like the ones we took during the War on Terror. You remember the measures we took back then, don’t you?

Or what, you think that GloboCap has been manufacturing all this mass hysteria over “Russian election interference” and “Nazi terrorism” for their own amusement? Yeah, that’s probably all it is. It’s probably not a prelude to anything.

Omens, Portents, Karma and the Mandate of Heaven

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By Charles Hugh Smith

Source: Of Two Minds

The question of legitimacy isn’t limited to China.

what makes humans unique among social mammals? Some say humor, I would nominate superstition: regardless of how hard we promote our rationality and logic, humanity continues to sense portents and omens in events and feel the intangible tug of karma: the consequences of past actions that we arrogantly thought we’d escaped forever.

Michael Snyder recently compiled a list of peculiarities that are raising eyebrows around the globe: One, sure, two, not that unusual, three, well things happen in threes, but ten disturbances and we’re only six weeks into 2020? 10 ‘Plagues’ That Are Hitting Our Planet Simultaneously (Zero Hedge)

As the saying has it, Nature Bats Last, and maybe arrogant, destructive humanity’s war on Nature is about to get its comeuppance. Maybe overdosing hundreds of millions of chickens and pigs to knock down bacteria in overcrowded conditions has finally generated a karmic blowback via bird and swine viruses.

As for karma in human society: maybe the disruption of the supply chain in China is a karmic response to offshoring production to fatten Corporate America’s profits at the expense of all else in America’s society and economy.

Then there’s the celestial right to rule, a.k.a. The Mandate of Heaven, the concept rooted in Chinese culture that political leadership which fails the people invites divine retribution in the form of withdrawing the support of Heaven. This withdrawal of support manifests in the tangible world as natural disasters: earthquakes, floods, droughts, plagues, etc.

Though it’s not politically correct to discuss The Mandate of Heaven in any serious way, the reading of omens goes back in Chinese history to oracle bones, the process of heating bones until they crack and then interpreting the patterns as portents to the future.

With human and domestic animal epidemics devastating China in a novel cluster of natural disasters, The Mandate of Heaven is in play even if no one dares speak of it openly. The regime is well aware that these parallel plagues are understood as manifestations that question the legitimacy of the current regime.

The question of legitimacy isn’t limited to China. Soaring wealth inequality, the dependence on debt to fund “growth” and the political disenfranchisement of the masses are global manifestations of political-financial systems that invite divine retribution for their excesses of corruption, self-aggrandizement, and exploitation of the planet and its human workforce.

Financial Feudalism

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By Michael Krieger

Source: Liberty Blitzkrieg

“Happy 18th Birthday! Meet your new Daddy,” read one website advertisement. “Do you have strong oral skills? We’ve got a job for you!” cooed another.

A message on another billboard directed at the “daddies” was more blunt: “The alternative to escorts. Desperate women will do anything”…

SeekingArrangement was founded by Las Vegas tech tycoon Brandon Wade. Wade is apparently worth somewhere in the neighborhood of $40 million. His motto is, “Love is a concept invented by poor people”…

SA also markets itself as an antidote to student debt. In the U.S. and elsewhere, college students are enduring financial instability and hardship. Because of rising college fees and rent, and the lack of time available for work during studies, many women are extremely vulnerable to exploitation. “SeekingArrangement.com has helped facilitate hundreds of thousands, if not millions, of arrangements that have helped students graduate debt-free,” Wade boasts on the website. Promotional videos show young, beautiful women enrolled in “Sugar Baby University” — in classrooms, holding wads of cash, driving luxury cars, and discussing the pleasure and ease of being a sugar baby.

When signing up for an account, potential sugar babies are told, “Tip: Using a .edu email address earns you a free upgrade!”

– TruthDig: Sugar-Coated Pimping

When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it.

– Frédéric Bastiat

Watching politics unfold in the post-financial crisis era has been extraordinarily frustrating. While it’s been refreshing to observe the emergence of grassroots populism over the last few years, there’s a problematic lack of depth and clarity embedded in these burgeoning mass movements. Tens if not hundreds of millions of Americans now acknowledge that something’s deeply broken within the current paradigm, but we remain focused on identifying symptoms as opposed to understanding and rectifying the systemic nature of the problem.

Of course, there are numerous complexities when it comes to the administration of an imperial oligarchy, and our system didn’t emerge overnight. Perhaps the most fundamental mutation of the post WW2 era came in 1971 when the international convertibility of U.S. dollars into gold was severed. This is when the country began its long transformation from a largely industrial empire to a financial one. I’ve often highlighted how the purely fiat USD reserve currency is the most powerful weapon ever invented, and how the U.S. control of the global financial system is the true backbone of empire, but it’s equally important to understand how the predatory financial system is also used to subjugate Americans in their own country.

In order to understand how this works we need to dig into the most fundamentally important four letter word in any modern economy: Debt.

When most people consider the debilitating societal effects of excessive debt they tend to see it from one basic level. How the bottom half of the population essentially has no choice but to borrow in order to participate in the economy as constructed. This is because the cost of so many things has been inflated way beyond the capacity of most people to purchase them outright. Specifically, wage growth has failed to keep up with the soaring costs of fundamental things such as shelter, healthcare and higher education.

For instance, home prices have been rising faster than wages in 80% of U.S. markets, which means the higher cost tends to offset historically low mortgage rates. Low interest rates don’t really help such people, it just lets them maybe, barely purchase an intentionally inflated asset to live in by taking on a huge chunk of debt. An asset that could quickly become completely unaffordable should the economy turn down as it did a decade ago.

As such, you have multitudes taking on debt defensively just to keep going and avoid falling further down the socioeconomic scale. Debt doesn’t empower such people, rather, it turns them into modern day indentured servants endlessly stuck on a hamster wheel with little to no hope of getting off. This is not an accident, it’s a tried and tested tool which, when combined with incessant mass media propaganda, is an effective way of creating a submissive, confused and desperate underclass.

Many people understand this by now, but what’s far less understood, yet potentially more significant, is how the wealthy use debt.

When you own your primary home outright and you’ve got enough savings that healthcare premiums and paying for your kids college in cash doesn’t make a dent, debt becomes something else entirely. Debt’s no longer an albatross around your neck, instead it becomes a tool to increase wealth. Debt becomes leverage.

Much of the explosion in wealth inequality over the past several decades can be traced back to this systemic interclass weaponization of debt. If you’re very wealthy and connected, access to extremely cheap debt is virtually unlimited, and this access is used to make leveraged bets on all sorts of stuff, but primarily real estate and financial assets such as stocks and bonds. Hasn’t this always been the case you ask? Aren’t those with capital always extremely advantaged over those without it? Isn’t that the history of capitalism and America since the beginning? My answer would be yes and no.

The main difference between prior periods of history and, let’s say the 21st century, has been the vast increase in power of the financial services sector thanks to the Federal Reserve’s willingness to encourage and enable the insatiable reckless behavior of the speculator class. It’s no secret the Fed has been intentionally boosting assets across the FIRE sector such as real estate, stocks and bonds since the crisis. Those with the capital to ride the coattails of this irresponsible and undemocratic central planning rushed out to take on debt to buy these assets, thus multiplying the return on investment.

While the white-collar cubicle worker with enough extra income to diligently add to their retirement account over the past decade has done fine, bankers or hedge fund managers who took on massive leverage to amplify such bets made generational fortunes while creating nothing of value. It’s the way debt works for the financial services sector versus how it works for the average person in a world dominated by big finance and the central bankers who provide them unlimited welfare.

The same thing occurs within the corporate suite, as executives across industries have used access to extremely cheap debt to buyback stock and reward themselves handsomely despite creating nothing of societal value while doing so. It’s pure financial engineering. Nobody should become generationally wealthy this way, but it’s exactly what’s been happening. So you see, debt’s not just a means to subjugate a desperate bottom half of the population, it’s concurrently an effective tool to expand wealth and power at the top. 

Then there’s this.

When was the last time the bond market paid you to make an acquisition? As Max Keiser so eloquently puts it, this is interest rate apartheid.

But it’s even more pernicious than that. It’s still possible for regular wealthy people to take on too much leverage, make a mistake, and lose their fortunes — unless of course you’re an executive at major financial services firm. In that case you simply can’t lose, which was the primary lesson learned from the response to the financial crisis.

Not only were the titans of this industry not jailed, they walked away with their fortunes intact. The Federal Reserve and the U.S. government made this happen. It wasn’t an accident and it wasn’t to “save the economy;” that’s just nonsense talk for the confused masses. The entire point was to consolidate and further entrench the unaccountable power of those at the very top of the finance feudalism paradigm and signal they’ll also be bailed out for any future catastrophe they create.

Significantly, financial feudalism isn’t just interclass, it’s also intergenerational. The stock market and real estate crash of a decade ago was the market’s attempt to reset those assets more in line with median incomes, but central banks would have none of that. They determined asset prices needed to be re-inflated as much as possible as fast as possible, and these unelected banker stooges went about implementing this major policy decision of central economic planning with zero public debate. Young people entering the workforce had no savings and poor wage growth, so a generation was quickly priced out of homeownership while simultaneously stuck with an enormous pile of student debt. The results of all this are unsurprising.

The crisis facing this country is simmering and metastasizing under the surface of misleading aggregate economic data and record stock markets. While it’s tempting to focus on the symptoms, we’ll never confront and tackle any of this properly unless we understand the structure and how the game is really played. The system you’re living in isn’t capitalism or socialism, it’s financial feudalism. 

Freedom Rider: The Internet Does Washington’s Dirty Work

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By Margaret Kimberly

Source: Black Agenda Report

As long as the internet is in private hands it should be seen as a “frenemy” — a useful resource that can also be wielded as a weapon.

“Black people are routinely sent to “facebook jail” if their words anger racist white people.”

In its early days the internet seemed to be an undisputed good, a means of communication open to all. It was hoped that these new platforms would level the playing field and give smaller outlets like Black Agenda Report access to a worldwide audience. The internet has done that but it is also a weapon that is used against the left in this country and against nations and movements declared enemies by this government.

In the rush of enthusiasm one important fact was forgotten. The internet is in the hands of private corporations. They decide who gets service, where they get it and at what speed. The growth of social media only exacerbated the problems of corporate control.

This columnist uses Facebook and Twitter and other platforms by necessity. They are sources of information and important means of communication. But they are controlled by powerful corporate entities who work hand in hand with the government. Ultimately they decide who can be seen and who cannot.

“Private corporations decide who gets service, where they get it and at what speed.”

When the U.S. government speaks, Facebook and Twitter listen and then do as they are told. When foreign governments are declared adversaries their representatives and advocates are censored. In the past year, the Syrian government and the Venezuelan government have been temporarily blocked on Twitter. Sites such as Telesur have been repeatedly removed from Facebook. Numerous Palestinian advocacy sites have been removed from Facebook at the behest of the Israeli government.

Facebook decides if “community standards” have been violated and restrict anyone who violates their opaque rules. Black people are routinely sent to “facebook jail” if their words anger racist white people.

But the loss of access is not the biggest problem. When the United States government killed Iranian general Qassem Soleimani they also wanted to kill off his memory. Facebook posts which spoke of him in any favorable light were removed. Facebook isn’t alone in joining the governmental directive. The Iranian English language service, Presstv, was removed from Youtube, which is owned by Google. Years of reporting and interviews, including some given by this columnist, disappeared into the black hole of cyberspace. When the U.S. began ratcheting up its maximum pressure, the corporate sector went right along and Presstv was sent down the memory hole.

“Presstv was removed from Youtube, which is owned by Google.”

Censorship has gotten worse because of liberals, not conservatives, and they have used the Russiagate fraud to accelerate the deplatforming process. Immediately after the 2016 election we were told that the Russian government was responsible for Trump’s victory and that censorship was the only thing standing between us and living under the control of Vladimir Putin.

The infamous Proporornot  list declared that Black Agenda Report and other sites were under Russian influence. Ever since that list was published in late 2016 many left sites lost visibility on Google and other search engines.

Now Trump administration sanctions are impacting our ability to communicate in a variety of ways. Not only were references to Soleimani removed, but the use of the word “Iran” can result in censorship and the inability to complete financial transactions. The Grayzone project  reported that Paypal restricted donations from anyone who mentioned the word Iran.

It must be repeated that Trump has plenty of help from Democrats and liberals in this regard. Pleas for Facebook “fact checking” will result in more censorship of black people and of anyone who happens to voice opinions that run counter to the imperialist narrative.

“The use of the word “Iran” can result in censorship.”

Already Russia is being blamed for election interference, yet Russia is not the target. The left is the target and Democrats are leading the charge. Their goal is to narrow discourse and to make war propaganda acceptable. It is an irony and a contradiction that while Trump is falsely accused of being under Russian influence, his policy goals are furthered with help from liberals. U.S. imperialism is a thoroughly bipartisan project.

This collusion between the wings of the duopoly must be kept in mind during the farcical impeachment. The Democrats could have added the war crime of the Soleimani assassination to their articles of impeachment. But they are complicit in this regard and will mention nothing of substance. Instead they have only one flimsy charge that is a cynical get out the vote effort and a source of anti-Russian propaganda.

As long as the internet is in private hands it should be seen as a “frenemy,” a useful resource that can also be wielded as a weapon. These platforms cannot be trusted unless or until they are publicly regulated. In the meantime, our reliance on them comes at a price.

PG&E: Monopoly Power and Disasters by the Rich 1%

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By Peter Phillips and Tim Ogburn

Source: Project Censored

The Pacific Gas and Electric Company (PG&E) has diverted over $100 million from safety and maintenance programs to executive compensation at the same time it has caused an average of more than one fire a day for the past six years killing over 100 people.

PG&E is the largest privately held public utility in the United States. A new research report shows that 91% of PG&E stocks are held by huge international investment management firms, including BlackRock and Vanguard Group. PG&E is an ideal investment for global capital management firms with monopoly control over five million households paying $16 billion for gas and electric in California. The California Public Utility Commission (PUC) has allowed an annual return up to 11%.

Between 2006 and the end of 2017, PG&E made $13.5 billion in net profits. Over those years, they paid nearly $10 billion in dividends to shareholders, but found little money to maintain safety on their electricity lines. Drought turned PG&E’s service area into a tinderbox at the same time money was diverted from maintenance to investor profits.

A 2013 Liberty Consulting report showed that 60% of PG&E’s power lines were at risk of failure due to obsolete equipment and 75% of the lines lacked in-line grounding. Between 2008 and 2015, the CPUC found PG&E late on thousands of repair violations. A 2012 report further revealed that PG&E illegally diverted $100 million from safety to executive compensation and bonuses over a 15-year period.

PG&E has caused over 1,500 fires in the past six years. PG&E electrical equipment has sparked more than a fire a day on average since 2014—more than 400 in 2018—including wildfires that killed more than 100 people.

In October 2017, multiple PG&E linked fires (Tubbs, Nuns, Adobe fires and more) in Northern California scorched more than 245,000 acres, destroyed or damaged more than 8,900 homes, displaced 100,000 people and killed at least 44.

In November, 2018, the PG&E caused Camp fire burned 153,336 acres, killing 86 people, and destroying 18,804 homes, business, and structures. The towns of Paradise and Concow were mostly obliterated. Overall damage was estimated at $16.5 billion.

PG&E has caused some $50 billion in damages from massive fires started by their failed power lines. They filed bankruptcy in January 2019 to try to shelter their assets. PG&E’s 529 million shares went from a high of $70 per share in in 2017 to a low of $3.55 in 2019. Shares are currently trading at $10.55 with zero returns.  At this point PG&E actually owes more in damages then the net worth of the company.

All but two members of the board of director resigned in early 2019, and the CEO was replaced. A new board of directors was elected by an annual stockholders meeting in June of 2019. PG&E now has a board of directors whose primary interest in 2020 is returning PG&E stock values to $50-70 range and returning to annual dividend payments in the 8-11% rate.

The new PG&E management took widespread aggressive action during the fire-season of 2019 shutting down electric power to over 2.5 million people statewide. Nonetheless, a high voltage power line malfunctioned in Sonoma county lead to the Kincade fire that burned 77,758 acres destroying 374 structures, and forced the evacuation 190,000 Sonoma county residents. Estimated damages from this fire are $10.6 billion.

The fourteen new PG&E directors were essentially hand-picked by PG&E’s major stockholder firms like Vanguard Holdings 2019 (47.5 million shares 9.1%) and BlackRock (44.2 million shares 8.5%). A new PG&E Director, Meridee Moore, SF area founder & CEO of $2 billion Watershed Asset Management, is also a board member of BlackRock.

Only three of the new fourteen directors live in PG&E’s service area (four if we count the newly appointed CEO from Tennessee). One board member lives the LA area. The remainder of the board live outside California, including three from Texas, two from the mid-west and the remaining four from New York or east coast states. Pending PG&E Bankruptcy court approval, new directors are slated to receive $400,000 each in annual compensation.

Ten of the new 2020 directors have direct current links with capital investment management firms. The remainder have shown proven loyalty experience on behalf of capital utility investors making the entire PG&E board a solid united group of capital investment protectors, whose primary objective is to return PG&E stock values to pre-2017 highs with a 11% return on investment. They claim that wide-spread blackouts will be needed for up to ten years.

All fourteen PG&E board members are in the upper levels of the 1% richest in the world. As millionaires with elite university educations, the PG&E board holds little empathy for the millions of Californians living paycheck to paycheck burdened with some of the highest utility bills in the country. PG&E shuts off gas and electric to over 250,000 families annually for late payments.

The PG&E 2020 board is in service to transnational investment capital. This creates a perfect storm for the continuing transfer of capital from the 99% to the richest 1% in the world, all with uncertain  blackouts, serious environmental damage, widespread fires, with multiple deaths and injuries.

We need to liquidate PG&E for the criminal damages it has afflicted on California. The “PG&E solution” is to manage PG&E democratically on the basis of human need, rather than private profit. It is time to take a stand for a publicly owned California Gas and Electric Company as the way to reverse the transfer of wealth to the global 1% and provide Californians with safe, low-cost and more renewable energy. All power to the people!

For the full report with all PG&E board names see:  www.projectcensored.org/pge

 

Peter Phillips, Political Sociologist at Sonoma State University; author Giants: The Global Power Elite, (New York: Seven Stories Press, 2018); past director of Project Censored; co-author/editor of fourteen Censored yearbooks, 1997 to 2011; co-author of Impeach the President, (New York: Seven Stories Press, 2007); and winner of the Dallas Smythe Award from the Union for Democratic Communications.

Tim Ogburn, 20-year manager for the California EPA; founder and co-chair of the Environmental Industry Coalition of the United States in Washington, D.C.; published in numerous technical and trade journals regarding public/private partnerships; International Environmental Technology consultant in India, Philippines, Malaysia, Thailand, Egypt, and Israel; Consultant to USAID, US Department of Commerce, U.S. State Department; and has given Congressional Presentations on the environmental technology industry before Congress.

 

Related Podcast:

Project Censored – 02.04.20

As Northern California communities tally the toll of disastrous fires and repeated power shutoffs,Peter Phillips and Tim Ogburn say it’s time to replace the investor-owned Pacific Gas & Electric Co.with a public power authority. They say the recent installation of a new board of directors at PG&Ewon’t solve the problems, because the new directors, like their predecessors, represent the global one-percent,not the utility’s customers.

A Metaphysical Malaise?

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By Kingsley L. Dennis

Source: Waking Times

‘The real tragedy of our time lies not so much in the unprecedented external events themselves as in the unprecedented ethical destitution and spiritual infirmity which they glaringly reveal.’

Paul Brunton

There is little doubt that we are living in an age of extreme contradictions where opposing trends appear to exist side by side. It is a time when individuals take greater care of their bodies and are obsessed by diet and health fads, while obesity is an epidemic. We live amidst a paradoxical combination of playfulness and fear, of fun and anxiety, of euphoria and unease. It has been said that ‘When a materialistic civilization becomes outwardly impressive but remains inwardly impoverished, when political relations become an elaborate façade for hiding the spiritually empty rooms behind them, menacing problems are sure to appear on every side.’1 This quote adequately describes our current situation and yet the author, Paul Brunton, published this in 1952.  However, it remains as starkly correct in its analysis for today as it was for his own time.

The current situation is that ‘menacing problems’ are indeed appearing on every side: political corruption and ineptitude; economic manipulations; national aggression and politically-motivated warfare; refugee crises; human torture and suffering; capitalist greed; corporate corruption; aggravated social unrest; religious and moral intolerance; increased displays of psychopathic behaviour (private individuals and authority figures); blatant propaganda; environmental degradation; ecological ignorance; spiritual destitution, and the rest.

The result is that many people have become ‘spiritually numbed’ by what they see occurring in the world, and feel that only a similar harsh, physical response can be effective. The words ‘mystical’ and ‘spiritual’ remain vague and ethereal. People have always depended on language to bring guidance and nourishment. Yet in this mental environment, words are but skeletal traces of the real flesh. The crisis of our times has clarified little and succeeds in confusing almost everything for the rest of us. There is nowhere to turn in public for finding the truth – seemingly little to believe in for the present and too much uncertainty for the future. The result of this is that many people have doubts that they don’t know how to deal with, and these are building up within their minds like a pathological infection.

An Absence of Meaning

In these current times there is a sense, a feeling, of something lacking or missing within many people’s lives. Unfortunately, this need has been met by the consumerist marketplace. There is a great deal of compensation for this lack through ‘quick fix’ guruism; that is, costly paid retreats, so-called spiritual counselling, and ‘life coaching’ mentorship. Yet these are like fast-food remedies for a deeper hunger. The real struggle today is rather between the material perspective on life and that of the inner, developmental state. Many of the events occurring in the world are manifestations of issues existing within ourselves. The anger and negativity we see so much of in the world is a projection from the collective interior state of humanity. We can manifest both the dream or the nightmare, and we share in its waking state. Being physically mature is not enough; we also need to be emotionally, intellectually, and inwardly mature.

Our cultures and societies are in disequilibrium because they seek to be governed by artificial laws that ignore the timeless wisdom that corresponds to human development. It is a dominant mentality that promotes a short-sighted, myopic worldview that is largely concerned only with physical gains and material power. It is a mentality that promotes fear, defence and attack – rather than a welcoming, embracing vision.

Our societies do not consider human purpose and the deeper meaning of human existence. They drive us to live by working; to enjoy through distractions; and to eventually die with debt and taxes. The world is governed not by fairness or equity, but by a lopsided arrangement of elite power. Conferences of peace are based on compromise and not compassion. Trade is based on strength rather than collaboration. Power and politics are at war with the world and do so beyond the reach of accountability. There is a resurgence of the illegitimate, surging through black markets, offshores, and dark networks. Dark pathways will always emerge and grow in the places where the light is flickering without focus or intent.

Today’s so-called modern cultures are increasingly fragmented, or like liquid streams, that can no longer be accurately identified or navigated by the old signs, symbols, and meanings. Modern life has, to some degree, started to dissolve in order to re-assemble. This may indeed be a part of the needed cathartic process that humanity has to pass through before circumstances will improve. A feature of the current times is that new ways of thinking and behaviour have not yet fully materialized into the present order of things. That which now constitutes ‘daily life’ is void of the questions of metaphysical meaning. Any notion of the developmental, or the metaphysical, is deemed outside of daily life, and people are continually programmed against such deeper truths. In other words, we should not let anything that is ‘other’ – otherworldly or transcendental – replace the responsibility of our social daily grind.

Human societies often make political declarations to promote what they decide to be ‘social happiness.’ Yet political institutions have no genuine models for this, for the dominant political mindset is overruled by a form of psychosis. Social ‘happiness’ is whatever fits into the particular dominant belief system of the age. And as can be seen, this dominant belief, or narrative, has been hijacked by a collective psychosis that I have termed the wounded mind. It appears that as a collective society we have no lasting image of happiness. As a consequence, personal lives are in danger of becoming now less about actual experience and more about the data trails left behind. We have entered another struggle – another social fray – where the battle is between the transparency of our private, inner lives and our public identity.

Identity & Self

These days people are being encouraged to expose their inner demons onto the public stage, especially online. The human shadow is wanting to come out and be revealed. According to Jung, the psychological ‘shadow’ is the underdeveloped and undesirable aspects of ourselves that we try to keep hidden away. And yet there are times when we are unable to hold it at bay, or unconsciously wish for it to manifest. Humanity possesses a tremendous imagination for doing good as well as evil, and this can be a finer line than is realized. As the aphorism states, the road to hell is paved with good intentions. Each person needs to exercise the capacity to detect and acknowledge those unconscious desires, feelings, and thoughts that exist within. American psychologist Rollo May once wrote – ‘Our age is one of transition, in which the normal channels for utilizing the daemonic are denied; and such ages tend to be times when the daemonic is expressed in its most destructive form’2

In short, we need to be extremely mindful in these times about what’s inside of us. Our minds – our thinking and consciousness – is a target and has been for a long time. In the last century this has become more evident, more public. We have become increasingly stuck in modern times within our stories around psychological need and a ‘loss of self.’ Perhaps what is needed is to acknowledge that some people are suffering from what is termed as ‘soul loss.’

People who experience ‘soul loss’ frequently have the feeling of being fragmented, not whole or completely ‘in’ themselves. They feel as if an essential part of them is missing. They may clinically be diagnosed as ‘dissociated.’ Depression is another symptom of soul loss. Soul loss can be associated with the traumas of modern life – fear, terror (warfare), incest or rape, domestic abuse. These are all the external stresses that modern life creates. Counselor and educator John Bradshaw uses the term toxic shame which he sees as a form of alienation from the self, causing it to be ‘otherated.’ In response, people may turn to external sources to fill this internal void.

Carl Jung also made a reference to soul loss in his psychological work. According to psychotherapist Robert Francis Johnson,

‘This loss of soul Jung speaks of is manifested in our culture by the crises we are all facing (increased drug use, violence, moral and emotional numbness) and our attempt to solve moral and spiritual questions by electing wounded leaders who promise economic answers.’3

It is interesting that Johnson refers to ‘wounded leaders’ here who seek our compliance through the language of greed (‘economic answers’). Similarly, prominent Jungian analyst Marie von Franz writes that

‘Soul loss can be observed today as a psychological phenomenon in the everyday lives of the human beings around us. Loss of soul appears in the form of a sudden onset of apathy and listlessness; the joy has gone out of life, initiative is crippled, one feels empty, everything seems pointless.’4

Is this not a description of what faces many people today? Apathy, listlessness, a feeling of a pointless, joyless life? There is clearly a toxic social problem, and we are clearly in need of a metaphysical response.

Where is the Metaphysical?

Any society or civilization that does not recognize the human as a developmental being will fall short in its accomplishments. We simply cannot allow ourselves to fall short – not in the long run, at least. Yet recognition of the human as a developmental being will not come from the world first; and definitely not from social-cultural-political institutions. It will first only come from the individual. And it is from here that genuine change must be nurtured. Now is a crucial time for managing our psychological, emotional, and physical states. We may be uncertain about the future, yet we have the technologies to radically transform our age into something unprecedented. We have both external technologies as well as what may be called ‘technologies of the soul.’ What we are, we transmit to others. We are compelled not only to be mindful, but crucially to be both sensible and soul-ful.

On a practical level, the number of people around the world who have been awoken by the current crises to seek greater inner development is not in the majority. It can be said that at present there exists a metaphysical malaise. Those people who aspire for inner self-development are still all too few. However, a majority was never needed. There is enough.

Humanity is now engaged in a profound moment along its species path. Whether it is recognized or not, we are each living and participating in a reality that exists upon profound metaphysical principles. That’s the bottom line. We can choose to participate in this metaphysical reality, consciously and willingly, or to drift through our lives unbeknown to the forces that impel us. Right now, it is about recognizing this choice, and whether to act upon it. It will not be easy, for all the obstacles that the psychosis-ridden governing systems will throw at us. And yet it must be a force of unwavering inner commitment and genuine self-trust. Each person must choose their freedom from within. The real site of freedom can only be within the inner self – and it is to this we must place our trust.

The Corporate Debt Bubble Is A Train Wreck In Slow Motion

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By Brandon Smith

Source: Alt-Market.com

There are two subjects that the mainstream media seems specifically determined to avoid discussing these days when it comes to the economy – the first is the problem of falling global demand for goods and services; they absolutely refuse to acknowledge the fact that demand is going stagnant and will conjure all kinds of rationalizations to distract from the issue. The other subject is the debt bubble, the corporate debt bubble in particular.

These two factors alone guarantee a massive shock to the global economy and the US economy are built into the system, but I believe corporate debt is the key pillar of the false economy.  It has been utilized time and time again to keep the Everything Bubble from completely deflating, however, the fundamentals are starting to catch up to the fantasy.

For example, in terms of stock markets, which are now meaningless as an indicator of the health of the real economy, corporate stock buybacks have been the single most vital mechanism for inflation. Corporations buy their own stocks, often using cash borrowed from each other and from the Federal Reserve, in order to reduce the number of shares on the market and artificially boost the value of the remaining shares. This process is essentially legal manipulation of equities, and to be sure, it has been effective so far at keeping markets elevated.

The problem is that these same corporations are taking on more and more debt through interest payments in order to maintain the facade. Over the period of a decade, corporate debt has skyrocketed back to levels not seen since 2007, just before the credit crisis. The official corporate debt load now stands at over $10 trillion, and that’s not even counting derivatives exposure.  According to the Bank for International Settlements, the amount of derivatives still held by corporations stands at around $544 trillion in notional value (theoretical value), while the current market value is only around $10 trillion.  This is a massive discrepancy that can only lead to disaster.

In terms of debt-to-GDP, the credit cycle peak has spiked beyond any other peak in the past 40 years. This amount of borrowing always has consequences. Even if central banks were to intervene on a level similar to TARP, which saturated markets with $16 trillion in liquidity, the amount of cash needed is so immense and the economic returns so muted that such measures are ultimately a waste of time. The Federal Reserve fueled this bubble, and now there is no stopping it’s demise. Though, they’re behavior and minimal response to the problem suggests that they have no intention of stopping it anyway.

Currently, stock buybacks are set to decline this year, and I don’t think this is because corporations have decided they want to quit the tactic. They have to quit, because the amount of debt they are accumulating is is now outpacing their falling profits. Corporate profits peaked in the 3rd Quarter of 2018 and have been in decline ever since.  The Price-to-Earnings ratio as well as the Price-to-Sales ratio are now well above their historic peak during the dot-com bubble, meaning, stocks have never been more overvalued compared to the profits that corporations are actually bringing in.

As I warned back in 2018, Trump’s tax cuts were a gift to corporations, not average people, and that gift was designed to be squandered as there was no doubt that companies would pour all extra cash into stock buybacks instead of innovation and new jobs. This is exactly what happened.

While corporations, the Fed and Trump have been putting some effort into keeping stock markets from imploding, the real economy has been evaporating. Global import/exports are crashing, US manufacturing is in recession territory, US GDP is in decline (even according to rigged official numbers), US retail outlets are closing by the thousands, the poverty rate jumped in 30% of US counties in the past year, and high paying jobs are disappearing and being replaced with minimum wage service sector jobs.

To be sure, this process did not start under Trump, it’s been a slow motion train wreck for over a decade. But, it’s important to point out that Trump has done nothing to mitigate the crash and his obsession with the fraudulent stock market shows that he has no plans to try. The amount of time the tax cuts and debt increase bought was a couple of years. That’s it. With buybacks in decline, the question is what will keep the bubble afloat now? The Fed? That’s doubtful…

Global corporations with the most VISIBLE debt include:

AT&T with $180 billion

SoftBank with $154 billion

Apple with $136 billion

Verizon with $114 billion

Comcast with $112 billion

AbInbev with $110 billion

General Electric with $115 billion

Shell with $77 billion

Microsoft with $67 billion

Some companies, like Apple and Warren Buffet’s Berkshire Hathaway are holding extensive cash reserves, but most do not. Also, the level of cash reserves held by certain top corporations suggests they know something is on the horizon. Why hold piles of cash when the stock market is a “sure thing”? Unless, the debt bubble is about to collapse and cash will be needed to absorb the damage?

Stock buybacks, I believe, are the litmus test for how long the corporate world can hold out against the weight of the debt bubble. 2020 appears to be the year in which buybacks are set to crumble. Corporate profits degraded over 2019 and the slide is set to continue this year. This means profits are not going to come to the rescue and stave off the explosion of the debt structure (once again, the problems of demand and debt intertwine). All that is left is the Fed, as the “buyer of last resort” becomes the buyer of only import.

The list above, of course, does not include financial companies like JP Morgan and other banks that are suspected of harboring an extensive debt load and borrowing cash frantically through the Fed’s overnight repo markets.

These loans are now coming due, and the Fed has indicated it plans to tighten liquidity once again next month while returning to balance sheet cuts. Interest rates remain well above zero, which means the more companies borrow through repo markets, the more interest they will accrue. The Fed will have to institute a full QE program on the level of the TARP bailouts and cut interest rates to zero in order to end the constant repo liquidity threat and kick the can for a couple more years, and they’ve given no indication that they plan to do this in time to stop the current crash.

For now, Fed repo intervention has achieved little except keeping stocks at all-time highs. The rest of the economy is in disarray.

The real economy will start to drag down the establishment’s favorite distraction – The Dow, as this process continues. The big question is always one of timing. How long can the delusional euphoria keep the system levitated?

The situation is one of complacency and condition. If people are suddenly confronted with an enormous forest fire surrounding their city, they will ask “What can we do to save ourselves?” But what if people are surrounded by a forest fire for ten years and it hasn’t quite reached them yet? You warn them that the winds have finally changed and it is about to expand and take their homes and they will say “What forest fire?”

It’s hard to imagine a scenario in which there are no major shocks to the financial structure for the rest of the year. With the corporate system tapped out and no longer able to act as a support for the bubble, the fundamentals will start to take over again. Geopolitical events will also have a more visible effect. A whole year without escalation with Iran?  Without escalation with North Korea? Without a pandemic threat like the coronavirus going global? Without threats of a liquidity crisis as banks starve for more and more repo loans? I think not…

It’s important not to let complacency interfere with vigilance.  A slow motion train wreck is still ultimately a train wreck.  The damage can only be mitigated by removing one’s self from the train, and preparing for the fallout.  Do not think that simply because the system has been able to drag its nearly lifeless body along for ten years that this means all is well.  All bubbles collapse, and corporate debt has already sealed the fate of the Everything Bubble.

Come Home, America: Stop Policing the Globe and Put an End to Wars-Without-End

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By Jon W. Whitehead

Source: The Rutherford Institute

“Let us resolve that never again will we send the precious young blood of this country to die trying to prop up a corrupt military dictatorship abroad. This is also the time to turn away from excessive preoccupation overseas to the rebuilding of our own nation. America must be restored to a proper role in the world. But we can do that only through the recovery of confidence in ourselves…. together we will call America home to the ideals that nourished us from the beginning. From secrecy and deception in high places; come home, America. From military spending so wasteful that it weakens our nation; come home, America.”—George S. McGovern, former Senator and presidential candidate

I agree wholeheartedly with George S. McGovern, a former Senator and presidential candidate who opposed the Vietnam War, about one thing: I’m sick of old men dreaming up wars for young men to die in.

It’s time to bring our troops home.

Bring them home from Somalia, Afghanistan, Iraq and Syria. Bring them home from Germany, South Korea and Japan. Bring them home from Saudi Arabia, Jordan and Oman. Bring them home from Niger, Chad and Mali. Bring them home from Turkey, the Philippines, and northern Australia.

That’s not what’s going to happen, of course.

The U.S. military reportedly has more than 1.3 million men and women on active duty, with more than 200,000 of them stationed overseas in nearly every country in the world. Those numbers are likely significantly higher in keeping with the Pentagon’s policy of not fully disclosing where and how many troops are deployed for the sake of “operational security and denying the enemy any advantage.” As investigative journalist David Vine explains, “Although few Americans realize it, the United States likely has more bases in foreign lands than any other people, nation, or empire in history.”

Don’t fall for the propaganda, though: America’s military forces aren’t being deployed abroad to protect our freedoms here at home. Rather, they’re being used to guard oil fields, build foreign infrastructure and protect the financial interests of the corporate elite. In fact, the United States military spends about $81 billion a year just to protect oil supplies around the world.

The reach of America’s military empire includes close to 800 bases in as many as 160 countries, operated at a cost of more than $156 billion annually. As Vine reports, “Even US military resorts and recreation areas in places like the Bavarian Alps and Seoul, South Korea, are bases of a kind. Worldwide, the military runs more than 170 golf courses.”

This is how a military empire occupies the globe.

Already, American military servicepeople are being deployed to far-flung places in the Middle East and elsewhere in anticipation of the war drums being sounded over Iran.

This Iran crisis, salivated over by the neocons since prior to the Iraq War and manufactured by war hawks who want to jumpstart the next world war, has been a long time coming.

Donald Trump, Barack Obama, George W. Bush, Bill Clinton: they all have done their part to ensure that the military industrial complex can continue to get rich at taxpayer expense.

Take President Trump, for instance.

Despite numerous campaign promises to stop America’s “endless wars,” once elected, Trump has done a complete about-face, deploying greater numbers of troops to the Middle East, ramping up the war rhetoric, and padding the pockets of defense contractors. Indeed, Trump is even refusing to withdraw U.S. troops from Iraq in the face of a request from the Iraqi government for us to leave.

Obama was no different: he also pledged—if elected—to bring the troops home from Iraq and Afghanistan and reduce America’s oversized, and overly costly, military footprint in the world. Of course, that didn’t happen.

Yet while the rationale may keep changing for why American military forces are policing the globe, these wars abroad (in Iraq, Afghanistan, Pakistan, Syria, Yemen and now Iran) aren’t making America—or the rest of the world—any safer, are certainly not making America great again, and are undeniably digging the U.S. deeper into debt.

War spending is bankrupting America.

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.

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.

Since 2001, the U.S. government has spent more than $4.7 trillion waging its endless wars.

Having been co-opted by greedy defense contractors, corrupt politicians and incompetent government officials, America’s expanding military empire is bleeding the country dry at a rate of more than $32 million per hour.

In fact, the U.S. government has spent more money every five seconds in Iraq than the average American earns in a year.

Future wars and military exercises waged around the globe are expected to push the total bill upwards of $12 trillion by 2053.

Talk about fiscally irresponsible: the U.S. government is spending money it doesn’t have on a military empire it can’t afford.

As investigative journalist Uri Friedman puts it, for more than 15 years now, the United States has been fighting terrorism with a credit card, “essentially bankrolling the wars with debt, in the form of purchases of U.S. Treasury bonds by U.S.-based entities like pension funds and state and local governments, and by countries like China and Japan.”

War is not cheap, but it becomes outrageously costly when you factor in government incompetence, fraud, and greedy contractors. Indeed, a leading accounting firm concluded that one of the Pentagon’s largest agencies “can’t account for hundreds of millions of dollars’ worth of spending.”

Unfortunately, the outlook isn’t much better for the spending that can be tracked.

A government audit found that defense contractor Boeing has been massively overcharging taxpayers for mundane parts, resulting in tens of millions of dollars in overspending. As the report noted, the American taxpayer paid:

$71 for a metal pin that should cost just 4 cents; $644.75 for a small gear smaller than a dime that sells for $12.51: more than a 5,100 percent increase in price. $1,678.61 for another tiny part, also smaller than a dime, that could have been bought within DoD for $7.71: a 21,000 percent increase. $71.01 for a straight, thin metal pin that DoD had on hand, unused by the tens of thousands, for 4 cents: an increase of over 177,000 percent.

That price gouging has become an accepted form of corruption within the American military empire is a sad statement on how little control “we the people” have over our runaway government.

Mind you, this isn’t just corrupt behavior. It’s deadly, downright immoral behavior.

Americans have thus far allowed themselves to be spoon-fed a steady diet of pro-war propaganda that keeps them content to wave flags with patriotic fervor and less inclined to look too closely at the mounting body counts, the ruined lives, the ravaged countries, the blowback arising from ill-advised targeted-drone killings and bombing campaigns in foreign lands, or the transformation of our own homeland into a warzone.

That needs to change.

The U.S. government is not making the world any safer. It’s making the world more dangerous. It is estimated that the U.S. military drops a bomb somewhere in the world every 12 minutes. Since 9/11, the United States government has directly contributed to the deaths of around 500,000 human beings. Every one of those deaths was paid for with taxpayer funds.

The U.S. government is not making America any safer. It’s exposing American citizens to alarming levels of blowback, a CIA term referring to the unintended consequences of the U.S. government’s international activities. Chalmers Johnson, a former CIA consultant, repeatedly warned that America’s use of its military to gain power over the global economy would result in devastating blowback.

The 9/11 attacks were blowback. The Boston Marathon Bombing was blowback. The attempted Times Square bomber was blowback. The Fort Hood shooter, a major in the U.S. Army, was blowback.

The assassination of Iranian General Qasem Soleimani by a U.S. military drone strike will, I fear, spur yet more blowback against the American people.

The war hawks’ militarization of America—bringing home the spoils of war (the military tanks, grenade launchers, Kevlar helmets, assault rifles, gas masks, ammunition, battering rams, night vision binoculars, etc.) and handing them over to local police, thereby turning America into a battlefield—is also blowback.

James Madison was right: “No nation could preserve its freedom in the midst of continual warfare.” As Madison explained, “Of all the enemies to public liberty war is, perhaps, the most to be dreaded because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes… known instruments for bringing the many under the domination of the few.”

We are seeing this play out before our eyes.

The government is destabilizing the economy, destroying the national infrastructure through neglect and a lack of resources, and turning taxpayer dollars into blood money with its endless wars, drone strikes and mounting death tolls.

Clearly, our national priorities are in desperate need of an overhauling.

At the height of its power, even the mighty Roman Empire could not stare down a collapsing economy and a burgeoning military. Prolonged periods of war and false economic prosperity largely led to its demise. As historian Chalmers Johnson predicts:

The fate of previous democratic empires suggests that such a conflict is unsustainable and will be resolved in one of two ways. Rome attempted to keep its empire and lost its democracy. Britain chose to remain democratic and in the process let go its empire. Intentionally or not, the people of the United States already are well embarked upon the course of non-democratic empire.

This is the “unwarranted influence, whether sought or unsought, by the military-industrial complex” that President Dwight Eisenhower warned us more than 50 years ago not to let endanger our liberties or democratic processes.

Eisenhower, who served as Supreme Commander of the Allied forces in Europe during World War II, was alarmed by the rise of the profit-driven war machine that emerged following the war—one that, in order to perpetuate itself, would have to keep waging war.

We failed to heed his warning.

As I make clear in my book Battlefield America: The War on the American People, there’s not much time left before we reach the zero hour.

It’s time to stop policing the globe, end these wars-without-end, and bring the troops home before it’s too late.