The Elite’s COVID-19 Coup: Fighting for our Humanity, Our Liberty and Our Future

By Robert J. Burrowes

We are being utterly transformed. And the world is being utterly transformed around us.

Ostensibly, this is to tackle a simple virus. In reality, it is to achieve an elite design at staggering cost to humanity and to life generally.

If you have not been carefully following what is taking place, let me highlight some recent developments and what we can do about them.

On 26 March 2020, the World Intellectual Property Organisation (WIPO) granted Microsoft a world patent. Titled ‘1. WO2020060606 – Cryptocurrency System Using Body Activity Data’, this patent gives Microsoft (that is, Bill Gates) extraordinary power over our lives.

As Professor Vandana Shiva evocatively explains in her latest article, ‘My Earth Journey in defence of Biodiversity, Life and Freedom over 5 decades’, this development is ‘robbing us of our deep humanity’:

The patent is dramatically changing the meaning of being human.

Firstly, it is redefining us as ‘mines’ for data – robbing us of our autonomy, our sovereignty, and control over our bodies and minds…. And just being connected through their ‘server’ is giving consent….

Secondly, it is erasing our humanity – as sovereign, living beings, spiritual, conscious, intelligent beings, making our decisions and choices with wisdom and ethical values about the impacts of our actions on the natural and social world of which we are a part; and to which we are inextricably related. We are being reduced to being ‘users’ of tasks assigned to us by the extractive digital mega machine. A ‘user’ is a consumer without choice in the digital empire. Human creativity and consciousness disappear in the world imagined in #patent060606.

Thirdly, the patent is redefining human values, and the value of being human. Human values include ethical, ecological, spiritual values….

Patent 060606 is aimed at robbing us of our deep humanity. We are being transformed from self organised, conscious, creative, autopoetic beings, into external input “users” whose value will be assigned in cryptocurrency through algorithms, by the very machine that gave us the task in the first place.

But it is not just our humanity that is at stake, horrific though this may be. The world, too, is being transformed so that the humanoids who are not killed off or marginalized into extreme poverty and desperation will perform their assigned roles to serve the global elite within the new techno tyranny that is being created around us.

For just a taste of the evidence in this regard, see ‘Global Capitalism, “World Government” and the Corona Crisis’, The Farce and Diabolical Agenda of A “Universal Lockdown” and Techno-Tyranny: How The US National Security State Is Using Coronavirus To Fulfill An Orwellian Vision.

And if you would like greater insight into the role that individuals like Bill Gates are playing in all of this, see these three recent documentaries produced by James Corbett: ‘How Bill Gates Monopolized Global Health’, ‘Bill Gates’ Plan to Vaccinate the World’ and ‘Bill Gates and the Population Control Grid’. In addition, this article by Robert F. Kennedy Jr. is instructive: ‘Gates’ Globalist Vaccine Agenda: A Win-Win for Pharma and Mandatory Vaccination’.

Given the monumental undertaking for global control that this represents, you might wonder how this transformation can be achieved. And, unfortunately, the answer is ‘very simply’. This is because the bulk of the human population has been terrorized into a state of being submissively obedient. And this state is effectively permanent. As a result, mobilizing strategic resistance to what is happening is very difficult.

Why do I write this?

Because the evidence that COVID-19 is a minor health risk, particularly if dealt with appropriately, is overwhelming and extensively documented: ‘According to data from the best-studied countries and regions, the lethality of Covid19 is on average about 0.2%, which is in the range of a severe influenza (flu) and about twenty times lower than originally assumed by the WHO.’ See ‘A Swiss Doctor on Covid-19’.

Having noted that, however, if you want to watch a thoughtful and detailed explanation of why COVID-19 is a ‘fake virus’, try watching molecular biologist Dr Andrew Kaufman’s two hour interview by Brian Rose: ‘Unmasking the Lies Around COVID-19: Facts vs Fiction of the Coronavirus Pandemic’. In this interview, Dr Kaufman carefully explains:

The scientific procedures that have been utilized in all of these scientific studies… it wouldn’t be possible using those techniques to isolate the virus and purify it and prove that it exists…. Taking into account all of the evidence I have looked at which has been almost entirely from peer-reviewed scientific papers and official government websites, my opinion is that this entire pandemic is a completely manufactured crisis. In other words there is no evidence of anyone dying from any novel illness…. And so what I think is going on… is in line with what might be known as a globalist agenda…. All of these things seem to be moving towards control of the people. 

There is not very much about vaccines that makes a lot of sense because if you actually go back and look for the evidence that vaccines have prevented disease you are not going to find any…. Smallpox is an interesting example…. In the mainstream history books the smallpox vaccine has been touted as a major success but that’s not really accurate. If you go back and look at data from the Royal Academy of Sciences what you will see is that the mortality increased substantially while these vaccines were widely used and then when they stopped being used the numbers went back down again. 

So it is really difficult to trust what is in a general textbook or mainstream history book without going and looking at the actual data yourself because all of the textbooks that were in medical schools say that vaccines are responsible for preventing many of these major illnesses that people were suffering from and worried about in the first part of the twentieth century. But if you look at some of the same diseases that did not have a vaccine, such as scarlet fever for example, you will find that scarlet fever also went away with all of the other diseases even though there was no vaccine for it. 

And when you look at the number of cases of the various illnesses like polio or measles or diphtheria, you’ll see that the prevalence or incidence of those diseases and mortality from those diseases, which in some was substantial, went down almost to the current levels before a vaccine was even available for use so you couldn’t possibly attribute a vaccine for causing that reduction in the illness if it wasn’t even around at the time that the illness was reduced….

If you create a vaccine for an illness [such as COVID-19] that has not been proven to even exist, then the vaccine couldn’t possibly work. But if you do a clinical study and have an imaginary disease and give the vaccine to people and then they never get the imaginary disease it would give the appearance that its very successful.

So this is a real win-win strategy for anyone making these vaccines and which is why there have been companies all over the world racing to be the first one to have a vaccine that’s been proven to be safe or effective using the limited criteria that they require. Because whoever gets there first, according to the plans or proposed policies, they’re going to be selling billions of vaccines. Billions! So they’re going to make billions of dollars as a result of this. So there is such a strong financial incentive.

Some of the technological strategies that they are using to make these vaccines are quite scary and unprecedented…. But obviously it couldn’t prevent a disease that doesn’t exist so there must be some other purpose for it.

Remember, the words quoted above are taken from a two hour interview. If any of these words leave you wondering, watch the interview to consider the evidence that Dr Kaufman cites or check his website: Dr Andrew Kaufman.

In another video Dr Kaufman explains how early scientific papers on the subject suggested an association (not causation) between a novel coronavirus ‘with human to human transmission and severe human infection’ whereas a subsequent key ‘scientific’ paper that made a claim which helped drive the global response to COVID-19 ‘flat out lied’ about their results: ‘Following the first outbreaks of unexplained pneumonia in Wuhan, China, in late 2019, a new coronavirus was identified as the causative agent in January 2020.’ See ‘Identification of Coronavirus Isolated from a Patient in Korea with COVID-19’. In fact, Dr Kaufman points out: ‘they cannot reference any science to back that up whatsoever’. Moreover, subsequently to this paper, another article – see ‘I study viruses: How our team isolated the new coronavirus to fight the global pandemic’ – declared ‘The emergence of a new coronavirus in a market in Wuhan, China, in December 2019 set in motion the pandemic we are now witnessing in 160 countries around the world’. But again, Dr Kaufman counters, ‘no evidence was provided at all’ to support this claim: ‘just flat out lies’. For the details and citation of all the scientific sources for this explanation of how the COVID-19 ‘rumour mill’ got started, see ‘The Rooster in the River of Rats’.

If you wish to watch a more scientifically-oriented lecture, explaining more of the technical detail of what Dr Kaufman argues ‘is really going on’ and which is consistent with the evidence, then you can view it here: ‘Special Report: Humanity is NOT a virus!’

So while the evidence that there is neither a virus nor a pandemic is grounded firmly in the science, the evidence that the global elite is using COVID-19 as ‘cover’ to implement its coup against humanity is rather overwhelming. In addition to the articles cited above, see these two articles which cite many other extensively-documented sources as well: ‘The Elite’s COVID-19 Coup Against a Terrified Humanity: Resisting Powerfully’ and ‘COVID-19: Breaking the Lockdown, Defeating the Coup, Averting Extinction’.

But while this evidence is readily available, it requires someone who has not lost the capacity to investigate and think for themself. And that is a huge problem.

Of course, little of the evidence in these regards is available through education systems or the corporate media, given that the purpose of these institutions is to serve elite interests. And controlling access to, and manipulating perception of, the evidence is vital in both regards.

So if, for example, you believe that the corporate media is reporting the ‘news’, you might like to reflect on these words of David Rockefeller spoken at the highly secretive elite Bilderberg meeting held in Germany in 1991 but subsequently leaked:

‘We are grateful to The Washington Post, The New York Times, Time Magazine and other publications whose directors have attended our meetings and respected their promises of discretion for almost 40 years. It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity. But the world is now more sophisticated and prepared to march towards a world government…. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries.’ See ‘David Rockefeller at Bilderberg meeting in Baden 1991’ and ‘David Rockefeller’s Chilling 1991 Speech at a Bilderberg Meeting’.

The motto of The Washington Post is ‘Democracy Dies in Darkness’. What it does not proclaim is that the Post, along with the other corporate media outlets, has long played its part in the global elite’s program to ensure that democracy – and hence any meaningful role in how we are governed – cannot flourish. But for a detailed critique of the corporate media exposing its role in perpetrating elite power by distributing elite propaganda as ‘news’, see Manufacturing Consent: The Political Economy of the Mass Media.

Hence, while increasing numbers of people are lamenting the submissive response to elite initiatives to imprison us in our own homes (and strip us of rights and freedoms that it took centuries to win) – see, for example, ‘A Nation of Sheep’ and ‘To All Cowards Who Meekly Succumbed To the Unlawful Lockdown… Hang Your Heads In Shame’ – and some authors have written commentaries illustrating and explaining the ways in which people’s fear is manifesting in response to a simple virus – see Dr. Rudolf Hänsel’s explanation in ‘The Diabolical “Game” with Fear as an Instrument of Domination. The Reflex of Obedience’ and Dr. Pascal Sacré’s thoughts in ‘COVID-19: An Ocean of Fears and Lies’my own interest lies in explaining why people are fearfully and submissively obedient in the first place and how we can go about restoring agency to the individual’s life so that they can use their own investigatory and analytical capacities to track down and consider the evidence, and to then act sensibly and powerfully in response.

While, regrettably, this cannot be done quickly, it is an essential component of any strategy to effectively resist elite encroachments on our rights, freedoms and economic security while also acting powerfully to deal with the genuine threats to human survival such as those posed by war, the environmental and climate catastrophes, biodiversity loss and the deployment of 5G, among others. See ‘Human Extinction Now Imminent and Inevitable? A Report on the State of Planet Earth’ and, for astute insight into the disastrous impact that the global industrial shutdown is having on the aerosol masking effect and hence the global climate, see ‘Will COVID-19 Trigger Extinction of All Life on Earth?’

This is because fear suppresses (other) emotional responses (including the anger that would mobilize resistance), distorts sensory perception (so that people disbelieve, rather than consider carefully, evidence that contradicts the elite-driven narrative), inhibits analytical capacity, falsifies memory (to conform with explanations that are less frightening) and thwarts powerful behavioural responses. As a consequence of being victims of their own fear, most people live in a world of delusion and projection and are quite incapable of being anything but submissively obedient.

In brief, fear makes people want to believe, and hence to actually believe, that there is ‘nothing wrong’ with elite directives distributed by international organizations (such as the World Health Organisation), governments, the medical industry, education systems and the corporate media. This means that they do not have to feel and think for themselves, consult their conscience or change their own behaviour, each of which is particularly frightening when their fear and the (unconscious) imperative to obey already have them paralyzed.

So how have we ended up with a population of ‘individuals’ who are so devoid of any sense of Selfhood that they are submissively obedient as Drs Hänsel and Sacré discussed above and which we are now witnessing on a global scale as people are imprisoned in their own homes?

Fundamentally, this has occurred because our parenting and education models are based on terrorizing children into obedience using a combination of ‘visible’, ‘invisible’ and ‘utterly invisible’ violence. For the details of how we do this, see ‘Why Violence?’, ‘Fearless Psychology and Fearful Psychology: Principles and Practice’ and ‘Do We Want School or Education?’

Hence, while we pay lip service to the notion of ‘the individual’, the reality is that we prefer ‘individuals’ who follow the orders of ‘the authorities’, whether at home, school, work, in the military, at a religious gathering or as ‘citizens’ in society generally. After all, our definition of ‘individuality’ long ago ceased to mean any more than that the person clothes themself differently and has their own combination of interests to while away their spare time.

The genuine individual who has an integrated mind, trusts their own (emotional and intellectual) judgment, articulates the truth and behaves powerfully in accord with their conscience, whatever the cost, is only supposed to appear as a fictional character in novels or films. We certainly do not want them in real life. Just ask Mahatma Gandhi, Dr Martin Luther King Jr, Julian Assange and Chelsea Manning, for example. Shot dead or imprisoned for having the qualities of a genuine individual.

For further explanations of how we systematically destroy the individuality in our children, see ‘The Disintegrated Mind: The Greatest Threat to Human Survival on Earth’, ‘Most Attitudes and Beliefs are Outcomes of Fear’ and ‘The Psychology of Projection in Conflict’.

So here we are at the most important moment in human history. At the brink of precipitating our own extinction – again, see ‘Human Extinction Now Imminent and Inevitable? A Report on the State of Planet Earth’ and ‘Will COVID-19 Trigger Extinction of All Life on Earth?’ – and now imprisoned in our own homes (for those who have them) while the global elite implements more of its plan to reduce us from human individuals to digital identities that are readily tracked and controlled while playing our robotic role in the techno tyranny that is almost upon us.

Even those two writers of the classic dystopian novels of the twentieth century, Aldous Huxley and George Orwell, would be horrified that we participated so obediently, so submissively, in the destruction of our ‘free’ world (whatever its limitations). And I doubt they would get any solace from knowing just how well they truly understood the terrified and submissive nature of the human condition.

So with virtually everyone ‘distracted’ from the ‘main game’ – the coup in which the global elite is taking vastly greater control of our lives and even dramatically increasing the risk of imminent human extinction – while we sit back, or even ask for, greater restrictions on our rights and freedoms, the only important question remaining is this:

Can we mobilize sufficient people, even at this late moment, to strategically defend our humanity, defeat the elite coup and avert the imminent threats to human survival?

Unfortunately, as recent evidence clearly indicates, with even most activists obviously deceived by the use of COVID-19 as ‘cover’ for the coup and oblivious to its catastrophic environmental consequences, this is proving far more difficult than I originally hoped.

Nevertheless, in the hope that we can build on the existing resistance, such as that being documented by Professor Chenoweth and her colleagues – see ‘The global pandemic has spawned new forms of activism – and they’re flourishing’ – while sharpening its focus for greater strategic impact, let me reiterate a previously outlined strategy below, particularly taking into account the insanity of the global elite – see ‘The Global Elite is Insane Revisited’ – and the emotional health issues (including anxiety and depression) that are arising during the lockdown that are now complicating people’s existing compulsion to be obedient in the belief that compliance with COVID-19 (that is, coup) measures will make them ‘safe’.

A Nonviolent Strategy to Fight for our Humanity, Liberty and Future

So, if you wish to address your own emotional health issues arising during the COVID-19 coup, consider ‘Putting Feelings First’ and/or, if you wish to support others, including children, to do so effectively, see ‘Nisteling: The Art of Deep Listening’.

In relation to the coup itself, I have identified the appropriate political purpose – obviously ‘To defend humanity against a political/military coup conducted by the global elite’ – and set out a basic list of (now) 28 strategic goals for achieving this purpose (which will also play a vital role in tackling key threats to human survival). The first thirteen of these strategic goals are as follows:

(1) To cause people and groups all around the world to join the resistance strategy by wearing a global symbol of human solidarity, such as an image of several people of different genders/races/religions/abilities/classes holding hands.

(2) To cause people and groups all around the world to join the resistance strategy by boycotting all corporate media outlets (television, radio, newspapers, Google, Facebook, Twitter…) and by seeking news from progressive news outlets committed to telling the truth.

(3) To cause people and groups all around the world to join the resistance strategy by refusing to download the COVID-19 ‘contact tracing’ surveillance app.

(4) To cause people and groups all around the world to join the resistance strategy by ending their ownership and use of a mobile (cell) phone. See ‘EchoEarth: End Cell Phones on Earth’ and ‘Cancel Your Cellphone Account Day, 20-21 June 2020’.

(5) To cause people and groups all around the world to join the resistance strategy by withdrawing all funds from the corporate banks that are supporting the coup and to deposit their money in local community banks or credit unions.

(6) To cause people and groups all around the world to join the resistance strategy by boycotting the medical and pharmaceutical industries – including by conscientiously refusing to submit to vaccination – and by seeking health advice and treatment from natural therapists. (If you are unfamiliar with the different philosophies underpinning these approaches, and hence why many natural therapies are so much more effective, there is a straightforward explanation here: ‘Pasteur vs. Bechamp: An Alternative View of Infectious Disease’.)

(7) To cause people and groups all around the world to join the resistance strategy by boycotting corporate supermarkets and by supporting small and family businesses, and local markets.

(8) To cause people and groups all around the world to join the resistance strategy by participating in other locally relevant nonviolent action(s)/campaign(s) and/or constructive program activities. For this item and many subsequent, see the list of possible nonviolent actions in the document ‘198 Tactics of Nonviolent Action’.

(9) To cause the workers [in trade unions or labor organizations T1, T2, T…] all around the world to join the resistance strategy by participating in locally relevant nonviolent action(s)/campaign(s) and/or constructive program activities. For example, this might include withdrawing labor from an elite-controlled bank, media, pharmaceutical or other corporation operating in your country.

(10) To cause the small farmers and farmworkers [in organizations F1, F2, F…] all around the world to join the resistance strategy by participating in locally relevant nonviolent action(s)/campaign(s) and/or constructive program activities. For example, this might include distributing farm produce through (existing or created) grassroots networks to small and family businesses as well as local markets rather than through corporate supply chains.

(11) To cause the indigenous peoples [in organizations IP1,IP2, IP…] all around the world to join the resistance strategy by participating in locally relevant nonviolent action(s)/campaign(s) and/or constructive program activities. For example, this might include utilizing indigenous knowledge to improve local self-reliance in food production and in other ways.

(12) To cause the soldiers and military police [in army units AU1, AU2, AU… and MP1, MP2, MP…], wherever stationed around the world, to refuse to obey orders from the global elite and its agents to arrest, assault, torture and shoot nonviolent activists and the other citizens of [your country].

(13) To cause the police [in police units P1, P2, P…], wherever stationed around the world, to refuse to obey orders from the global elite and its agents to arrest, assault, torture and shoot nonviolent activists and the other citizens of [your country].

You can read all 28 of the ‘Strategic goals for defeating a political/military coup conducted by the global elite against humanity’ by scrolling down the page at ‘Strategic Aims’.

Remaining pages on the website fully explain the twelve components of the strategy, as illustrated by the Nonviolent Strategy Wheel, as well as articles and videos explaining all of the vital points of strategy and tactics, such as those to help you understand ‘Nonviolent Action: Why and How it Works’.

Given the complexity of the configuration of this conflict, however, which involves the need to fight simultaneously to retain our ‘deep humanity’, defeat the elite coup and avert near-term human extinction, it is important that our tactical choices are strategically-oriented (as the examples I cite in the thirteen strategic goals above illustrate). Hence, three further considerations assume importance.

First, choose/design tactics that have strategic impact, that is, they fundamentally and permanently alter, in our favor, the power relationship between the elite and us.

Second, when tactical choices are made, focus them on undermining the elite coup, not just features of it, such as ‘social distancing’ or the lockdowns. At its most basic, this can be achieved by using tactical choices that mobilize people to act initially, as is happening, but then inviting them to consider taking further, more focused, action as well (such as those nominated in the 28 strategic goals listed or referenced above). This is important because existing actions will have little impact on key underlying measures, such as those being taken by the elite to advance the fourth industrial revolution, which includes reducing us to a ‘digital identity’.

Third, I would choose/design tactics that also have strategic impact on the greatest threats to human survival, including the collapsing biodiversity on Earth, the threat of nuclear war, the climate catastrophe and the deployment of 5G. Given the incredibly short timeframe in which we are now working to avert human extinction, while people are mobilizing it is important to use this opportunity to give them the chance to perceive the ‘big picture’ of what is taking place – beyond lockdowns and other measures supposedly being used to tackle COVID-19 – and to act powerfully in response.

Equally importantly, the Nonviolent Strategy website explains how to prepare, frame and conduct any nonviolent action to minimize the risk of violent repression and, as some nonviolent activists are concerned, to contain any risk of damage to their cause by association with, or disruption by, those groups and provocateurs with a very different and possibly violent agenda. See ‘Nonviolent Action: Minimizing the Risk of Violent Repression’.

Fortunately, as more people become aware of the deeper strands of what is taking place, the energy to break the lockdowns and resist the coup will gather pace. As I have previously outlined, using a locally relevant focus, or perhaps several, for which many people would traditionally be together – a cultural or sporting event, a community activity such as working to establish a community garden to increase local self-reliance, a birthday celebration and/or a return to work – we can mobilize people to collectively resist.

In addition, as I mentioned above, given the pressing (and, possibly, now uncontainable) threat of human extinction but also because becoming more self-reliant is vital to our ongoing capacity to resist elite encroachments on our rights, freedom and economic security, consider accelerated participation in ‘The Flame Tree Project to Save Life on Earth’.

And for those nonviolent activists concerned about tackling the climate and/or other threats to human survival – including those in relation to the environment and war – you can read about nonviolent strategy, including strategic goals to focus your campaigns, from here: Strategic Aims.

Or, if you want something simpler, consider committing to:

The Earth Pledge

Out of love for the Earth and all of its creatures, and my respect for their needs, from this day onwards I pledge that:

  1. I will listen deeply to children. See ‘Nisteling: The Art of Deep Listening’.
  2. I will not travel by plane
  3. I will not travel by car
  4. I will not eat meat and fish
  5. I will only eat organically/biodynamically grown food
  6. I will minimize the amount of fresh water I use, including by minimizing my ownership and use of electronic devices
  7. I will not own or use a mobile (cell) phone
  8. I will not buy rainforest timber
  9. I will not buy or use single-use plastic, such as bags, bottles, containers, cups and straws
  10. I will not use banks, superannuation (pension) funds or insurance companies that provide any service to corporations involved in fossil fuels, nuclear power and/or weapons
  11. I will not accept employment from, or invest in, any organization that supports or participates in the exploitation of fellow human beings or profits from killing and/or destruction of the biosphere
  12. I will not get news from the corporate media (mainstream newspapers, television, radio, Google, Facebook, Twitter…)
  13. I will make the effort to learn a skill, such as food gardening or sewing, that makes me more self-reliant
  14. I will gently encourage my family and friends to consider signing this pledge.

Conclusion

Using COVID-19 as ‘cover’, the global elite is conducting a coup to take vastly greater control of our lives and, in fact, to neutralize our humanity. This is being made very easy by the compulsion to obey that most people acquire in response to the ‘socialization’ experience they suffered as a child.

As a result, there is very little resistance to the coup, and none of which I am aware that is strategically focused. Consequently, the coup is readily measured by the destruction of our rights, freedoms, emotional health, political participation and economic security as well as its devastating impact on the Earth, further complicating the already grave series of interrelated threats to our survival and that of vast numbers of other species with which we share this planet.

As you ponder your response to this coup and the vastly increased threat to our survival, it might be worth remembering the words of David Rockefeller in his autobiography Memoirs, published in 2003:

Some even believe [the Rockefeller family is] part of a secret cabal working against the best interests of the United States, characterizing my family and me as “internationalists” and of conspiring with others around the world to build a more integrated global political and economic structure – one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.

If you believe that Rockefeller’s vision is benign from the viewpoint of people like you and me, it might be worth reading more about the Rockefeller family’s interests in our well-being, starting with the report from 2010 titled ‘Scenarios for the Future of Technology and International Development’ which discusses four scenarios for the human future in which one is based on ‘Lock Step’ following a pandemic: ‘A world of tighter top-down government control and more authoritarian leadership, with limited innovation and growing citizen pushback’.

Hence, if you share my concern that the time to act powerfully in defence of our humanity, to defeat this elite coup and to fight vigorously and strategically on the many interrelated crises that threaten human extinction, then you are welcome to become involved in one or more of the ways suggested above.

Whatever we do, however, it is vitally important that we do not submissively obey the global elite and its agents such as international organizations, governments, corporations and the mainstream media. The elite and its agents might wear a benign smile at times but their loyalty is not to us or to the Earth. They are too insane to have loyalty to either; their loyalty is to themselves exclusively and we are expendable.

So I gently encourage you to have a good look at the evidence for yourself and to act while we still have some personal autonomy and political space to do so. If we do not act now, we will not have this autonomy and space for much longer and human extinction will follow imminently.

 

Biodata: Robert J. Burrowes has a lifetime commitment to understanding and ending human violence. He has done extensive research since 1966 in an effort to understand why human beings are violent and has been a nonviolent activist since 1981. He is the author of ‘Why Violence?’ His email address is flametree@riseup.net and his website is here.

Re-Opening the Economy Won’t Fix What’s Broken

 

By Charles Hugh Smith

Source: Of Two Minds

Re-opening a fragile, brittle, bankrupt, hopelessly perverse and corrupt “normal” won’t fix what’s broken.

The stock market is in a frenzy of euphoria at the re-opening of the economy. Too bad the re-opening won’t fix what’s broken. As I’ve been noting recently, the real problem is the systemic fragility of the U.S. economy, which has lurched from one new extreme to the next to maintain a thin, brittle veneer of normalcy.

Fragile economies cannot survive any impact with reality that disrupts the distortions that are keeping the illusion of “growth” from shattering. For the past two decades, every collision with reality cracked the illusion, and the “fix” was to duct-tape the pieces together with new extremes of money-creation, debt, risk and speculative excess.

While the stock market has soared, the real world falls apart. If your region needs a new bridge built, count on about 20 years to get all the “stakeholders” to agree and get the thing actually built. Count on the cost quintupling from $500 million to $2.5 billion. Count on corners being cut as costs skyrocket, so those cheap steel bolts from China that are already rusting before the bridge is even finished? Oops. Replacing them will add millions to the already bloated budget.

Want to add a passenger stop on an existing railroad line? Count on 20 years to get it done. The complexity thicket of every regulatory agency with the power to say “no” basically guarantees the project will never get approved, because every one of these bureaucracies justifies its existence by saying “no.” Sorry, you need another study, another environmental review, and so on.

Need a new landfill? I hope you started the process 15 years ago, so you’ll get approval in only five more years. Every agency with the power to say “no” will stretch out the approval, so they have guaranteed “work” for another decade or two.

Did your subway fares double? Was the excuse repairing a crumbling system? Did the work get done on budget and on time? You must be joking, right? All the fare increase did was cover the costs of skyrocketing salaries, pensions and administrative costs. Repairs to the tracks and cars– that’s extra. Let’s float a $1 billion bond so nobody have to tighten their belts, and have riders pay for it indirectly, through higher taxes to pay the exorbitant costs of 20 years of interest on the bond.

Have you been thrown off your bicycle by the giant potholes in the city’s “bike lanes”? The city reluctantly admits that these streets that haven’t been maintained for decades–yes, decades. The city once paid for street maintenance out of its general budget, but alas, that’s been eaten up by skyrocketing salaries, pensions and administrative costs, so now we need to float $100 million bond to fund filling potholes. If all goes according to plan (ha-ha), we should be able to re-pave the streets that have been crumbling for 20 years in… the next 20 years.

These real-world examples are just four of thousands of manifestations of a broken system. Rather than make tough choices that drain power and wealth from vested interests, we simply borrow more money, in ever increasing amounts, to keep the entrenched interests and elites happy.

There are two “solutions” in the status quo: dump the debt on taxpayers or on powerless debt-serfs–for example, college students. (See chart below of the $1.6 trillion that’s stripmining student debt-serfs.) Who benefits from selling all the municipal bonds, bundled student loans, etc. to investors starving for a yield above 0.1%? Wall Street, of course.

The problem is that while debt has soared, productivity and earned income have stagnated. The statistical narrative has been ruthlessly gamed to hide the erosion of living standards, but even with the bogus “low inflation” of official statistics, wages for the bottom 95% have stagnated for decades.

Measures of productivity have also been gamed to mask the ugly reality that the vast majority of the U.S. economy is stagnating under the weight of interest payments on debt, mal-investments in speculative gambles, higher junk fees and taxes, crushing regulatory compliance, high costs imposed by monopolies and cartels and a well-cloaked decline in the quality of just about everything the bottom 95% uses or owns.

What little productivity gains have been made have been skimmed by the top 5%. Coupled with the Federal Reserve’s single-minded goosing of the one signaling device it controls, the stock market, the top 0.1% in America own more wealth than the bottom 80%.

If productivity stagnates and winners take all, the wages of the bottom 95% cannot rise. Real wealth is only created by increases in the productivity of labor and capital; everything else is phantom wealth.

The only way stagnant incomes can support more debt is if interest rates decline. Presto, the Fed dropped interest rates to near-zero a decade ago. Of course you and I can’t actually borrow millions for 0.1%; that privilege is reserved for financiers and other financial parasites and predators.

Debt-serfs were able to refinance their crushing mortgages to save a few bucks, and so they can afford to 1) take on more debt and 2) pay higher taxes to fund the ballooning public debt.

Every one of these extremes has increased the systemic fragility of the American economy. This fragility is reflected in the impoverishment of the bottom 95%, the thin line between solvency and bankruptcy, the decay of public trust in institutions run for the benefit of entrenched interests, and the quickening erosion of America’s social contract.

Re-opening a fragile, brittle, bankrupt, hopelessly perverse and corrupt “normal” won’t fix what’s broken.

 

Get Ready for an Unacceptable New Normal

By Stephen Lendman

Source: StephenLendman.org

At times like now, ideas lying around dormant on the shelf become reality.

Economic and other crisis conditions are times when most people can be convinced to accept unacceptable policies they’d likely reject otherwise.

During and after 2008-09 economic crisis conditions, Americans were brainwashed to accept force-fed austerity, frozen wages, and loss of benefits when economic stimulus and other government help were needed.

Economic recovery was for the nation’s privileged class exclusively. 

Ordinary Americans experienced protracted hard times that may become much worse today looking ahead, the same true in other Western societies.

In his 1995 book titled, “The Rotten Heart of Europe,” noted euro expert Bernard Connolly said the following: 

“The true story of the ERM (Europe’s Exchange Rate Mechanism) has been one of duplicity, skullduggery, conflict; of economic harm done to every country and in the caste interests of the elite; of the distortions of economic logic and the dilution of political accountability,” adding:

“The implication is that increasing globalization of economic activity and mobility of production has been purposely implemented in such a way as to render already destroyed ‘nation-state(s)’ meaningless entit(ies) in economic terms.”  

Protracted “austerity will lead to social unrest” in Europe, the US or elsewhere. Hard times are fertile ground for revolutions and fascist dictatorships.

Censorship is the new normal in the US and West — speech, press, and academic freedoms at risk. Without them all other rights are threatened.

Social and conventional media, Google, and other tech giants are complicit in a campaign to suppress content conflicting with the official narrative.

Controlling the message is the hallmark of totalitarian rule. Anything conflicting with the official narrative on vital issues is considered “inauthentic behavior.”

The US already is a police state. Is martial law the next shoe to drop? Will Trump declare it if current conditions worsen?

While not included in the Constitution, Article 1, Section 9 mentions suspension of habeas, saying the following:

“The privilege of the writ of habeas corpus shall not be suspended, unless when in cases of rebellion or invasion the public safety may require it.”

Will Trump invoke “public safety” or another pretext to take this action?

Article 1, Section 8 empowers Congress to call “forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions.”

The US military and National Guard are today’s “militia.”

Martial law suspends civil rule, replacing it with military authority under the president as commander-in-chief of the nation’s armed forces — including the National Guard when activated.

During the Civil War, Lincoln assumed dictatorial powers.

He suspended the Constitution and habeas corpus, forcefully closed courts, arbitrarily ordered arrests, conscripted US citizens without congressional consent, and closed newspapers opposing his policies.

His Emancipation Proclamation didn’t free a single slave. He wanted them deported at war’s end to maintain America as a white supremacist society.

History taught in the US at all levels of education conceals the nation’s dark side.

What happened before can happen again by presidential diktat.

According to Constitutional Law Professor Bruce Ackerman, US presidents can institute policies by executive orders, military orders, national security and homeland security presidential directives, along with other ways of circumventing Congress and the courts.

They wage illegal wars without Security Council and congressional authorization.

White House lawyers justify the unjustifiable. “They serve as authoritative judges for the executive branch, providing a legal framework for millions of civilian and military personnel as they implement executive decrees,” Ackerman explained.

Checks and balances don’t work, new ones needed, he stressed — enforced to restrain executive power-grabbing.

Following Japan’s December 1941 Pearl Harbor attack, Hawaii, not a US state at the time, was placed under martial law.

After Hurricane Katrina in August 2005, martial law was declared in New Orleans.

Throughout US history, it’s been imposed by federal or state authorities numerous times on the pretext of public safety, restoring order, or another reason.

Will Trump impose it if the US economy is reopened too soon, as apparently planned, and COVID-19 outbreaks increase greatly?

Will larger-scale outbreaks than already if occur be used as a pretext for hardening police state rule, including suspension of the Constitution and imposition of martial law?

Most of the population is locked down. Will Trump by presidential diktat order the extrajudicial arrest and indefinite detention of targeted individuals on the phony pretext of public safety and security?

This type harshness is what fascist tyranny is all about.

Is it coming ahead to the US full-blown in the form of presidential national emergency powers? 

The USA Patriot Act was written before 9/11. Is other draconian legislation on the shelf — ready to be rolled out by congressional action or presidential decree?

Is America the way it was pre-COVID-19, warts and all, to be replaced by hardened rule?

If COVID-19 abates and more greatly flares up this summer or fall will November elections be suspended or cancelled?

Whatever may unfold ahead most likely was planned by the nation’s ruling class.

It happened pre-and-post-9/11. It may be happening again now for ill, not good — including draconian mass surveillance more intensive than before, along with other police state policies.

Is a dystopian future coming for ordinary Americans, resisters subject to harsh repercussions — constitutional rights declared null and void?

What’s unthinkable may be planned and inevitable. 

Private gain must no longer be allowed to elbow out the public good

By Dirk Philipsen

Source: aeon

Adam Smith had an elegant idea when addressing the notorious difficulty that humans face in trying to be smart, efficient and moral. In The Wealth of Nations (1776), he maintained that the baker bakes bread not out of benevolence, but out of self-interest. No doubt, public benefits can result when people pursue what comes easiest: self-interest.

And yet: the logic of private interest – the notion that we should just ‘let the market handle it’ – has serious limitations. Particularly in the United States, the lack of an effective health and social policy in response to the coronavirus disease (COVID-19) outbreak has brought the contradictions into high relief.

Around the world, the free market rewards competing, positioning and elbowing, so these have become the most desirable qualifications people can have. Empathy, solidarity or concern for the public good are relegated to the family, houses of worship or activism. Meanwhile, the market and private gain don’t account for social stability, health or happiness. As a result, from Cape Town to Washington, the market system has depleted and ravaged the public sphere – public health, public education, public access to a healthy environment – in favour of private gain.

COVID-19 reveals a further irrational component: the people who do essential work – taking care of the sick; picking up our garbage; bringing us food; guaranteeing that we have access to water, electricity and WiFi – are often the very people who earn the least, without benefits or secure contracts. On the other hand, those who often have few identifiably useful skills – the pontificators and chief elbowing officers – continue to be the winners. Think about it: what’s the harm if the executive suites of private equity, corporate law and marketing firms closed down during quarantine? Unless your stock portfolio directly profits from their activities, the answer is likely: none. But it is those people who make millions – sometimes as much in an hour as healthcare workers or delivery personnel make in an entire year.

Simply put, a market system driven by private interests never has protected and never will protect public health, essential kinds of freedom and communal wellbeing.

Many have pointed out the immorality of our system of greed and self-centred gain, its inefficiency, its cruelty, its shortsightedness and its danger to planet and people. But, above all, the logic of self-interest is superficial in that it fails to recognise the obvious: every private accomplishment is possible only on the basis of a thriving commons – a stable society and a healthy environment. How did I become a professor at an elite university? Some wit and hard work, one hopes. But mostly I credit my choice of good parents; being born at the right time and the right place; excellent public schools; fresh air, good food, fabulous friends; lots of people who continuously and reliably provide all the things that I can’t: healthcare, sanitation, electricity, free access to quality information. And, of course, as the scholar Robert H Frank at Cornell University so clearly demonstrated in his 2016 book on the myth of the meritocracy: pure and simple luck.

Commenting on how we track performance in modern economies – counting output not outcome, quantity not quality, prices not possibilities – the US senator Robert F Kennedy said in 1968 that we measure ‘everything, in short, except that which makes life worthwhile’. His larger point: freedom, happiness, resilience – all are premised on a healthy public. They rely on our collective ability to benefit from things such as clean air, free speech, good public education. In short: we all rely on a healthy commons. And yet, the world’s most powerful metric, gross domestic product (GDP), counts none of it.

The term ‘commons’ came into widespread use, and is still studied by most college students today, thanks to an essay by a previously little-known American academic, Garrett Hardin, called ‘The Tragedy of the Commons’ (1968). His basic claim: common property such as public land or waterways will be spoiled if left to the use of individuals motivated by self-interest. One problem with his theory, as he later admitted himself: it was mostly wrong.

Our real problem, instead, might be called ‘the tragedy of the private’. From dust bowls in the 1930s to the escalating climate crisis today, from online misinformation to a failing public health infrastructure, it is the insatiable private that often despoils the common goods necessary for our collective survival and prosperity. Who, in this system based on the private, holds accountable the fossil fuel industry for pushing us to the brink of extinction? What happens to the land and mountaintops and oceans forever ravaged by violent extraction for private gain? What will we do when private wealth has finally destroyed our democracy?

The privately controlled corporate market has, in the precise words of the late economics writer Jonathan Rowe, ‘a fatal character flaw – namely, an incapacity to stop growing. No matter how much it grew yesterday it must continue to do so tomorrow, and then some; or else the machinery will collapse.’

To top off the items we rarely discuss: without massive public assistance, late-stage extractive capitalism, turbocharged by private interest and greed, would long be dead. The narrow kind of macroeconomic thinking currently dominating the halls of government and academia invokes a simpleminded teenager who variously berates and denounces his parents, only to come home, time and again, when he is out of ideas, money or support. Boeing, Goldman Sachs, Bank of America, Exxon – all would be bust without public bailouts and tax breaks and subsidies. Every time the private system works itself into a crisis, public funds bail it out – in the current crisis, to the tune of trillions of dollars. As others have noted, for more than a century, it’s a clever machine that privatises gains and socialises costs.

When private companies are back up and running, they don’t hold themselves accountable to the public who rescued them. As witnessed by activities since the 2008 bailouts at Wells Fargo, American Airlines and AIG, companies that have been rescued often go right back to milking the public.

By focusing on private market exchanges at the expense of the social good, policymakers and economists have taken an idea that is good under clearly defined and very limited circumstances and expanded it into a poisonous and blind ideology. Now is the time to assert the obvious: without a strong public, there can be no private. My health depends on public health. My freedom depends on social freedom. The economy is embedded in a healthy society with functional public services, not the other way around.

This moment of pain and collapse can serve as a wakeup call; a realisation that the public is our greatest good, not the private. Look outside the window to see: without a vibrant and stable public, life can quickly get poor, nasty, brutish and short.

Why Assets Will Crash

By Charles Hugh Smith

Source: Of Two Minds

This is how it happens that boats that were once worth tens of thousands of dollars are set adrift by owners who can no longer afford to pay slip fees.

The increasing concentration of the ownership of wealth/assets in the top 10% has an under-appreciated consequence: when only the top 10% can afford to buy assets, that unleashes an almost karmic payback for the narrowing of ownership, a.k.a. soaring wealth and income inequality: assets crash.

Most of you are aware that the bottom 90% own very little other than their labor (tradeable only in full employment) and modest amounts of home equity that are highly vulnerable to a collapse of the housing bubble. (The same can be said of China’s middle class, only more so, as 75% of China’s household wealth is in real estate, more than double the percentage of wealth held in housing in U.S. households.)

As the chart illustrates, the top 10% own 84% of all stocks, over 90% of all business equity and over 80% of all non-home real estate. The concentration of ownership of assets such as vintage autos, collectibles, art, pleasure craft and second homes in the top 10% is likely even greater.

The more expensive the asset, the greater the concentration of ownership, as the top 5% own roughly 2/3 of all wealth, the top 1% own 40% and the top 0.1% own 20%. In other words, the more costly the asset, the narrower the ownership. (Total number of US households is about 128 million, so the top 5% is around 6 million households and the top 1% is 1.2 million households.)

This means the pool of potential buyers is relatively small, even if we include global wealth owners.

Since price is set on the margins, and assets like houses are illiquid, then we can anticipate all the markets for assets owned solely by the wealthy to go bidless–yachts, collectibles, vacation real estate–because the pool of buyers is small, and if that pool gets cautious due to a drop in net worth/unearned income, there won’t be any buyers except at the margins, at incredible discounts.

As we know, in a neighborhood of 100 homes currently valued ar $1 million each, when a desperate seller accepts $500,000, the value of the other 99 homes immediately drops to $500,000.

Since few of the current bubble-era asset valuations are supported by actual income fundamentals, then the sales price boils down to a very small number of potential buyers and what they’re willing to pay.

Houses have a value based on rent, of course, but rents will drop very quickly for the same reason: prices are set on the margins. The most desperate landlords will drop rents and re-set the rental market from the margins. If demand plummets (which it will as people can no longer afford rents in hot urban markets once they lose their jobs), then vacancies will soar and rents will crash as a few desperate landlords will take $1200/month instead of $2500/month.

Due to the multi-year building boom of multi-family buildings in hot job markets (which inevitably leads to an over-supply once the boom ends), there are now hundreds of vacancies where there were once only a few dozen, and thousands where there were previously only hundreds.

As millions of wait staff, bartenders, etc. who made good money in tips find their jobs have vanished, all the urban hotspots will see mass out-migration: Seattle, Portland, the S.F. Bay Area, L.A., NYC, Denver, etc. as demand for rentals will evaporate and rents will be set on the margins by the most desperate landlords. Everyone holding out for the previous bubble-era rent will have $0 income as their units are vacant.

Tech start-ups and Unicorns are melting like ice cubes in Death Valley, and tech-sector layoffs are already in the tens of thousands. This wave of highly paid techies losing their jobs will become a tsunami, further reducing the pool of people who can afford rents of $2,500 to $3,000 for a studio or one-bedroom apartment.)

The concentration of ownership generates a self-reinforcing feedback that further depresses prices: since the top 10% own most of the assets of the nation, they are most prone to a reversal of “the wealth effect.” As their assets soared in value, the top 10% felt wealthier and more confident in future gains, enabling them to borrow and spend freely on second homes, pleasure craft, new vehicles, collectibles, luxury travel, etc.

Once even one class of assets plummets in value–for example, the recent decline in the stock market– the wealth effect reverses and the top 10% feel poorer and less confident about future gains, and thus less enthused about borrowing and spending. The demand for other costly assets quickly evaporates, further reducing the wealth of the “ownership class,” which further reduces their desire and ability to buy bubble-era assets.

The high-priced assets owned by the top 10% will be the assets least in demand due to their high cost and potential for enormous losses: nothing loses value faster in a recession that narrowly owned assets such as vintage cars, art, vacation homes, yachts, etc.

Once assets start sliding in value, the reverse wealth effect quickly dries up demand for all asset classes with narrow ownership. Since these assets are illiquid–that is, the market for them is thin, with buyers few and far between–the prices are set by a very shallow pool of buyers and desperate sellers.

Consider a pleasure craft that retails new for $120,000. In the boom era of rising stocks and housing, a used boat might fetch $65,000. But as the wealth of the small pool of households able to buy and maintain a costly craft evaporates, the number of qualified buyers evaporates, too.

The seller might be aghast by an offer of $35,000 and reject it angrily. Six months later, he’s praying someone will take it off his hands for $15,000, and in another six months, he’ll accept $500 just to get out from underneath the insurance, slip-rental and licencing fees.

This is how it happens that boats that were once worth tens of thousands of dollars are set adrift by owners who can no longer afford to pay slip fees, and vacation homes are abandoned and auctioned off for overdue property taxes: the market for these luxuries dries up and blows away, i.e. goes bidless–there are no buyers at any price.

Once housing and real estate valuations fall, that will trigger a decline in the value of all other costly, narrowly owned assets, which will reinforce the reverse wealth effect.

This is the systemic payback for concentrating ownership of assets in the hands of the few: when their bubble-era priced assets plummet in value, the bottom falls out of all assets with narrow ownership. The price of superfluous assets such as boats, vintage cars, collectibles, art and vacation homes can quickly fall to a fraction of bubble-era valuations, destroying much of what was always fictional capital.

(For more on the intrinsic fragility of a system that concentrates ownership in the hands of the few, please read Our Inevitable Collapse: We Can’t Save a Fragile Economy With Bailouts That Increase Fragility May 1, 2020.)

The Federal Reserve reckons it can “save” the bubble-era valuations of junk bonds by being the “buyer of last resort,” but it will end up being the “only buyer,” effectively making the system even more fragile and prone to collapse.

The public will eventually have to decide if the nation’s central bank should be bailing out assets owned by the financial elite while the upper-middle class watches its assets collapse in value.

America’s Super-Rich See Their Wealth Rise by $282 Billion in Three Weeks of Pandemic

America’s billionaires have accrued more wealth in the past three weeks alone than they made in total prior to 1980.

Source: Mint Press News

A new report from the Institute for Policy Studies found that, while tens of millions of Americans have lost their jobs during the coronavirus pandemic, America’s ultra-wealthy elite have seen their net worth surge by $282 billion in just 23 days. This is despite the fact that the economy is expected to contract by 40 percent this quarter. The report also noted that between 1980 and 2020 the tax obligations of America’s billionaires, measured as a percentage of their wealth, decreased by 79 percent. In the last 30 years, U.S. billionaire wealth soared by over 1100 percent while median household wealth increased by barely five percent. In 1990, the total wealth held by America’s billionaire class was $240 billion; today that number stands at $2.95 trillion. Thus, America’s billionaires accrued more wealth in just the past three weeks than they made in total prior to 1980. As a result, just three people ­– Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates and Berkshire Hathaway’s Warren Buffet – own as much wealth as the bottom half of all U.S. households combined.

The Institute for Policy Studies’ report paints a picture of a modern day oligarchy, where the super-rich have captured legislative and executive power, controlling what laws are passed. The report discusses what it labels a new “wealth defense industry” – where “billionaires are paying millions to dodge billions in taxes,” with teams of accountants, lawyers, lobbyists and asset managers helping them conceal their vast fortunes in tax havens and so-called charitable trusts. The result has been crippled social programs and a decrease in living standards and even a sustained drop in life expectancy – something rarely seen in history outside of major wars or famines. Few Americans believe their children will be better off than they were. Statistics suggest they are right.

Billionaires very theatrically donate a fraction of what they used to give back in taxes, making sure to generate maximum publicity for their actions. And they secure positive coverage of themselves by stepping in to keep influential news organizations afloat. A December investigation by MintPress found that Gates had donated over $9 million to The Guardian, over $3 million to NBC Universal, over $4.5 million to NPR, $1 million to Al-Jazeera, and a staggering $49 million to the BBC’s Media Action program. Some, like Bezos, prefer to simply outright purchase news organizations themselves, changing the editorial stance to unquestioning loyalty to their new owners.

The spike in billionaire wealth comes amid an unprecedented economic crash; 26.5 million Americans have filed for unemployment over the last five weeks, and that number is expected to continue to rise dramatically. While the super-rich are holed up in their mansions and yachts, the 49-62 million Americans designated as “essential workers” must continue to risk their lives to keep society functioning, even as many of them do not even earn as much as the $600 weekly increase in unemployment benefits the CARES act stipulates. Many low paid workers, such as grocery store employees, have already fallen sick and died. The mother of one 27-year-old Maryland worker who contracted COVID-19 and died received her daughter’s last paycheck. It amounted to $20.64.

Amazon staff, directly employed by Bezos, also risk their lives for measly pay. One third of all Amazon workers in Arizona, for example, are enrolled in the food stamps program, their wages so low that they cannot afford to pay for food. The vast contrast in the effect that COVID-19 has had on the super wealthy versus the rest of us has many concluding that billionaires’ wealth and the poverty of the rest of the world are two sides of the same coin: that the reason people working full-time still cannot afford a house or even to eat is the same reason people like Bezos control more wealth than many countries. Bezos’ solution to his employees’ hunger has been to set up a charity and ask for public donations to help his desperate workers.

The majority of millennials, most of them shut out from attaining the American dream, already prefer socialism to capitalism, taking a dim view of the latter. The latest news that the billionaire class is laughing all the way to the bank during a period of intense economic suffering is unlikely to improve their disposition.

 

Alan MacLeod is a Staff Writer for MintPress News. After completing his PhD in 2017 he published two books: Bad News From Venezuela: Twenty Years of Fake News and Misreporting and Propaganda in the Information Age: Still Manufacturing Consent. He has also contributed to Fairness and Accuracy in Reporting, The Guardian, Salon, The Grayzone, Jacobin Magazine, Common Dreams the American Herald Tribune and The Canary.

Corporate Looting as ‘Rescue Plan,’ Robber Barons as ‘Saviors’

By Joshua Cho

Source: FAIR.org

For a perfect illustration of how corporate media function as ruling class propaganda, watch how they spin a titanic upward redistribution of wealth as a “rescue plan” for the US economy, and paint a robber baron like US Treasury Secretary Steve Mnuchin as a “savior” of the American public.

In discussions of the (officially) estimated $2.2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act—the largest government spending program in US history—before it was signed into law on March 27, corporate media largely abandoned the pretense of serving as watchdogs on behalf of the public in order to advocate for protecting and enriching the fortunes of their owners.

Instead of scrutinizing the bill as the robbery in progress that it is—as an understandable story with identifiable victims and victimizers—corporate media sold the CARES Act as an urgent necessity required to combat the coronavirus pandemic for everyone. Like the previous corporate bailout during the Great Recession (Extra!, 1/09), corporate media avoided raising questions about the necessity of having the government bail out large corporations, or whether the bill could be restructured to serve people rather than profits.

According to the Committee for a Responsible Budget, while the CARES Act dedicated $290 billion in direct payments to people and $260 billion in expanded unemployment benefits, it dedicated $300 billion in tax breaks and $875 billion in loans to big and small businesses—more than two dollars for corporations for every dollar for people, in other words.

When corporate media reported on negotiations and deliberations over the CARES Act, they either hailed it as a bipartisan achievement, or else shamed politicians who accurately pointed out that it overwhelmingly benefited corporations at the expense of workers. On the day the CARES Act was signed into law, NPR (3/27/20) praised the bill as “the largest rescue package in American history and a major bipartisan victory for Congress.”

Reporting in real-time, the Washington Post (3/24/20) spun the CARES Act as an attempt to “address the coronavirus crisis,” with the aim of “flooding the economy with capital to revive businesses and households.” When there was Democratic pushback over the Senate GOP bill for being “disproportionately tilted toward helping companies,” the Post described this as “partisan rancor and posturing on Capitol Hill” that blocked “the rescue bill.” The Post concern-trolled those who supported better legislation, and derided House Democrats’ putative attempts to chart their own “competing piece of legislation,” because “it could take even longer to arrive at a bipartisan consensus that can pass both chambers and get signed into law.”

The New York Times (3/22/20) made it clear that protecting workers and imposing conditions on handing out trillions in taxpayer dollars were frivolous reasons to oppose the legislation, as the Times cast Senate Democrats as villains for ostensibly opposing the bill because it “failed to adequately protect workers or impose strict enough restrictions on bailed-out businesses.” The Times described the “party-line vote” as a “stunning setback” for both the Trump administration’s “ambitious timeline” and “the rescue package,” and warned Democrats that they “risked a political backlash” if “they are seen as obstructing progress on a measure that is widely regarded as crucial to aid desperate Americans and buttress a flagging economy.”

The Times also drew parallels to the “spectacle in 2008,” when the House defeated a “$700 billion Wall Street bailout that aimed to stabilize the financial system amid a global meltdown.” Even in 2020, the Times is still spinning the upward redistribution of wealth from taxpayers to the big banks that caused the crisis as an ostensible success that saved what corporate media consider to be “the economy” (Extra!, 10/10).

Days later, the Times’ “As Coronavirus Spread, Largest Stimulus in History United a Polarized Senate” (3/26/20) spun the 96-to-0 Senate vote in favor of the bill as a heroic bipartisan compromise on legislation “intended to get the nation through the crippling economic and health disruptions being inflicted on the world by the coronavirus.” The Times leaned into corporate media’s civility fetish designed to demobilize opposition to the Trump regime (FAIR.org, 8/1/18, 12/22/19) when it depicted Democratic opposition to Senate Republicans’ “corporate giveaway” legislation as politically reckless and harmful to the country’s interests:

It was a shocking and politically perilous decision in the middle of a paralyzing national crisis, a moment when lawmakers are traditionally expected to put aside differences for the good of the country, or face a political backlash.

By contrast, in the false balance endemic in news coverage in the Trump era, the Times portrayed Senate Republicans as reasonable leaders who were “willing to momentarily abandon their small-government zeal” in the interest of “sealing a quick deal with Democrats” (GQ, 12/10/19; Washington Post, 4/27/12). Though the legislation didn’t include a necessary suspension of rent, utility and mortgage payments, or guarantee monthly payments, as advised by many economists, the Times spun it as a legislative victory for Senate Democrats:

In the end, Democrats won what they saw as significant improvements in the measure through their resistance, including added funding for healthcare and unemployment, along with more direct money to states. A key addition was tougher oversight on the corporate bailout fund, including an inspector general and congressionally appointed board to monitor it, disclosure requirements for businesses that benefited, and a prohibition on any of the money going to Mr. Trump’s family or his properties — although they could still potentially benefit from other provisions.

The problem with this triumphant Democratic ResistanceTM narrative is that it happens to be false. Politico’s report (3/26/20) on the negotiations over what it also hailed as a “rescue package” revealed that the final bill largely reflected the Senate Republicans’ “unemployment insurance and direct payments schemes” as “originally outlined,” with Sen. Mitch McConnell claiming that the CARES Act was a bill that was “largely, not entirely but largely, produced by Republicans in consultation with the Democratic minority.”

The Democratic leadership’s lack of concern with proper oversight of the bailout funds was also exposed when Speaker Nancy Pelosi chose her first-term congressmember friend Donna Shalala as part of the five-member oversight panel, despite her numerous conflicts of interest, evident lack of expertise or reported interest in the job (American Prospect, 4/18/20).

The American Prospect’s David Dayen has done some of the best reporting on the CARES Act, and he’s observed (3/25/20) how means-testing the $1,200 stimulus payments by basing it off IRS data in 2018 and 2019 was designed to limit the number of Americans who can receive it. The miserly one-time $1,200 stimulus payment will primarily reach Americans who already have direct deposit information on file with the IRS, with the unbanked (who happen to be the poorest) having to wait up to four months for paper checks, and who will be lucky to remain at the same address during that time without a suspension of rent payments.

While Democratic leaders like Pelosi opposed emergency universal basic income—and delayed payments to set up a bureaucracy ostensibly dedicated to make sure wealthy Americans don’t get anything—the richest Americans are in fact receiving an average stimulus payment of $1.7 million in the form of a millionaire tax cut.

Dayen has noted how the official “$500 billion” provided by the CARES Act to bailout large corporations is actually underreporting the enormity of the federal government’s corporate giveaway, as Trump regime officials like Larry Kudlow and Steve Mnuchin admitted their intent to leverage the Federal Reserve’s emergency lending authority to turn $500 billion into a $4.5 trillion money cannon aimed at large corporations.

What was in actuality a $6 trillion spending package had few conditions attached to the largesse given to large corporations, as the money can still go to mergers, executive compensation and paying dividends to shareholders, with no requirement that they keep employing workers to receive this handout.

It’s hard to overstate the injustice and scale of this upward redistribution of wealth. Commenting on 2008’s bailout, economist Richard Wolff (Guardian, 11/4/13) pointed out how funding the bailout through borrowing money effectively transfers wealth upward from regular taxpayers to rich bondholders, because the government is borrowing money from—and paying interest to—large corporations and the rich that it could have taxed them for instead. Rather than letting shareholders be wiped out first, according to the ostensible rules of capitalism—where they are supposed to bear the risk, instead of the government—the government is shoveling money to tax-dodging corporations like Boeing who admit to not needing these funds.

By borrowing the money for a program that prioritizes saving the rich, rather than printing money to fund an emergency universal basic income for the people like Rep. Rashida Tlaib’s proposal, the government is effectively paying the rich for saving them. The fact that these viable alternative stimulus proposals weren’t enacted is inexcusable. Especially when the Federal Reserve is hinting its willingness to increase the money supply by buying unlimited debt to fund the CARES Act, the fact that the necessary funds magically appear to fund corporate bailouts instead of necessary social programs (like Medicare for All) exposes the “How are you going to pay for it?” talking point as a fraud (Extra!, 6/12).

Pam and Russ Martens of Wall Street on Parade (3/26/20) observed how the CARES Act also allows the Fed to create “Special Purpose Vehicles” and hide this money from their balance sheets, allowing them to avoid the FOIA requests used to the expose the enormity of the $29 trillion bailout from 2008, in addition to repealing public meeting and recordkeeping requirements for Fed-related programs. This allows the Fed to evade transparency and accountability by holding meetings in secret.

But when corporate media aren’t busy spinning massive corporate robbery of taxpayer money as a rescue package for “the economy,” they’re busy spinning robber barons like Mnuchin as heroic “saviors” instead. Reuters’ “This Is No 2008: Mnuchin Borrows From Paulson’s Economic Crisis Playbook” (3/20/20) depicted Mnuchin as an unlikely hero thrust into the role of solving the US’ economic woes, as they reported:

US Treasury Secretary Steven Mnuchin has stepped into the breach as the Trump administration’s point man to rescue the economy from coronavirus devastation, taking on the role his former Goldman Sachs boss, Hank Paulson, played over a decade ago.

Mnuchin has closely followed the financial crisis playbook used by Paulson when he led the Treasury Department in 2008, reactivating Federal Reserve credit market backstops and asking Congress for $1 trillion to prop up companies and consumers as the economy grinds to a halt due to the spread of the virus.

Apparently, for Reuters, there is only one “playbook” to be followed for all economic crises: massive taxpayer-funded giveaways to large corporations, and crumbs for everyone else. The report contained praise from official sources praising Mnuchin for being “pragmatic” and “rising to the occasion,” with few questions beyond whether he can succeed in his noble mission, as Reuters wondered whether Mnuchin can “strong-arm executives or influence President Donald Trump to take the drastic steps the unprecedented crisis may demand.” Whether Mnuchin and the Trump regime are actually trying to “rescue the economy” is apparently unquestionable, even though Mnuchin would dismiss record-breaking levels of unemployment as “not relevant” only a few days later (Common Dreams, 3/26/20).

The Wall Street Journal’s “How Mnuchin Became Washington’s Indispensable Crisis Manager” (3/31/20) also peddled this fictitious savior narrative when it reported that “Mnuchin has become Washington’s indispensable deal-maker in trying to keep the crisis from throwing the world’s largest economy into the deepest downturn since the Great Depression,” while shepherding “a pair of rescue bills through Congress.”

The Journal depicted Mnuchin’s ability to retain Trump’s confidence while working with Democrats as something that will be “all the more needed in the weeks ahead as the pandemic is expected to worsen,” in order to “get things done in partisan Washington.” Those “skills” didn’t seem to manifest when additional funding for state and local governments, and expanded food stamp benefits needed to rescue people, were left out of the “Phase 3.5” coronavirus legislation last week (Intercept, 4/22/20).

The Washington Post’s “The Dealmaker’s Dealmaker: Mnuchin Steps In as Trump’s Negotiator, but President’s Doubts Linger With Economy in Crisis” (3/27/20) also praised Mnuchin’s efforts to “bridge divides” and forge bipartisan “agreements.” While to the Post’s credit, the piece noted how the “Treasury Department’s demands have often appeared to represent the interests of big business rather than workers,” its overall thrust was encapsulated by its subhead: “Can his economic rescue plan quickly stabilize an economy headed toward calamity?”

The New York Times’ “How Powell and Mnuchin Became the Duo in Charge of Saving the Economy” (3/31/20) reported on Mnuchin’s “vital partnership” with Fed chair Jerome Powell, echoed the “unlikely hero” narrative, and described their efforts as “critical not only to workers and businesses,” but also to Trump’s “re-election” chances:

The coronavirus poses the most significant economic threat since at least 2008, thrusting Mr. Mnuchin and Mr. Powell into key roles in determining whether the United States economy suffers a short, manageable slowdown or enters a deep and painful recession.

When the Times briefly acknowledged concerns about the massive concentration in power and newfound influence in Powell and Mnuchin’s hands, and questions about the integrity of the “oversight” process, it treated the CARES Act favoring big corporations over workers as a hypothetical scenario, rather than a plain fact.

In a unique situation where workers and small business owners have the shared interest in not being wiped out by the pandemic, how else does one characterize the disproportionately stricter conditions placed on small businesses to retain workers to receive bailout money—while big corporations have no such limitations—except as a plan to save big corporations over workers? The Times’ later reports (4/22/20, 4/26/20) on big corporations receiving bailout money intended for small businesses, and receiving concierge service for coronavirus aid at their expense, should’ve been predictable—as it was to some observers in real time (American Prospect, 3/25/20).

Throughout this coverage, it’s quite telling who counts as “the economy” and what measures are considered “necessary” or “adequate,” because it reveals who corporate media consider to be disposable (working class America), and who needs “saving” (large corporations and the American oligarchy). With the CARES Act, corporate media reversed the narrative in a truly Orwellian fashion, portraying corporate looting of the Treasury as necessary to “rescue the economy,” while the main questions regarding “savior” officials like Mnuchin are whether his plans to “save the economy” can succeed. When 26 million Americans lost their jobs between March 18 and April 22, while the wealth of US billionaires increased by $308 billion (more than 10%), there’s no other way to look at corporate media spin as anything but ruling class propaganda to legitimize saving capital while letting people die (In These Times, 4/6/20).

What Does the Bill and Melinda Gates Foundation Want?

By Bill Willers

Source: Dissident Voice

There’s an interview of Bill Gates in which Gates reveals more than he might have intended. Rosemary Frei details many of the Orwellian aspects of Gates’ plans. In particular, consider these comments by Gates from disparate parts of the interview:

It’s [Covid19] quite infectious, way more infectious than MERS or SARS were. It’s not as fatal as they were ….. Nothing like this has ever happened to the economy in our lifetimes. But money — ya know — bringing the economy back and doing money — that’s more of a reversible thing than bringing people back to life. So we’re going to take the pain in the economic dimension — huge pain — in order to minimize the pain in the disease and death dimensions.

Gates is misleading. To admit that Covid19 is “not as fatal” as MERS or SARS is to state that it is less virulent — that the clinical symptoms are not as serious. “More infectious” only means more transmissible, which says nothing about the presence or absence of illness symptoms. So, what is arguably nothing more than a bad flu season is being used to justify the crashing of the economy. Who, exactly, is the “we” in Gates’ “We’re going to take the pain in the economic dimension”? Certainly not billionaire Gates. And wouldn’t “We’re going to…..” indicate that he was involved in the lockdown decision?

Out in the land, countless millions of Americans are seeing their lives put to a ruin beyond salvage. Thousands of small businesses — a life’s work for many — will not survive. In Spring of 2016, mainstream media was reporting that 40% of Americans were unable to come up with $400 to cover an emergency situation. Such a lack of financial cushion is to be barely above outright poverty. Imagine their terror now that their meager income has been further diminished by the lockdown. Gates, a tech genius, either does not comprehend the level of tragedy he advocates, or he does not care. It is no secret that extreme dread, when prolonged, is disastrous to one’s health.

Without detailed research one could not prove that many more Americans will die as a result of the lockdown than of Covid-19, but considering the countless ripple effects throughout the many interdependencies within a complex civilization, reason and experience lead one quickly to that conclusion. There will be mass anxiety, depression, seeking the respite from pain provided by alcohol, frayed nerves leading to violence, and sheer desperation driving many to consider crime in a last ditch effort to hold body and soul together.

Within the interview, Gates drops a bomb: “Eventually, what we’ll have to have is certificates of who’s a recovered person, who’s a vaccinated person, because you don’t want people moving around the world, where you have some countries that won’t have a control sadly.” What kind of “certificates”? What he actually has in mind may be revealed in a report of this past December that the Bill and Melinda Gates Foundation was funding research at MIT in the development of a “Tattoo ID”, to be injected with vaccinations and available for anonymous detection. In time, the failure to have the appropriate identifying tattoo for any given year, and for any given virus officially declared dangerous, would most certainly be used to control individual freedom of movement. This should trigger every thinking person’s attention, particularly as it is reported that Gates refused to have his own children vaccinated.

Ernst Wolff is a German journalist focused on international finance and its ramifications. His March 20, 2020 interview (Here posted March 30 with English subtitles) is worth viewing. He reports that funding and control for the World Health Organization (WHO) began a shift in the 1970s from nation states to the pharmaceutical industry and private foundations. In time, major support was coming from the Bill and Melinda Gates Foundation. Now, Gates’ power within the WHO is unmatched, having given him the status akin to that of a head of state, not only at the WHO, but also at the G20, a collective of world leaders concerned with issues of global importance. At the same time, it is startling that Event201, a “pandemic exercise” hosted by the World Economic Forum and the Bill and Melinda Gates Foundation, took place a scant four months before the Covid19 outbreak and the lockdown decision.

The fact that Gates acknowledged that Covid19 is not as virulent as other viruses of recent history is by itself reason to view the extreme move of economic lockdown, and the isolation of individuals, with suspicion, as is the absence on mainstream media of the voices of dissenting epidemiologists of impeccable reputation. There is also the Coalition for Epidemic Preparedness Innovations, of which the Bill and Melinda Gates Foundation is an “investor and partner”. Its mission: “to stimulate and accelerate the development of vaccines against emerging infectious diseases and enable access to these vaccines for people during outbreaks.”

Bill Gates, with a personal fortune nearly a tenth of a trillion dollars, has placed himself at the forefront of decision-making regarding viral epidemics. His stated interest is the production of vaccines. With a world induced to his way of thinking, the stage is set for acceptance of annual mass vaccinations, a situation that would insure profits for the pharmaceutical industry that are not only astronomical, but also certain to be perpetual. In any given year, a new viral “strain” could, as with Covid19, be given a catchy title, and its death statistics, whether genuine or forged, drilled by media to instill mass dread. In certain situations, vaccination might be made mandatory — in the interest of humanity, of course. In any event, when WHO speaks, it is Bill Gates’ voice, and the interests of the Bill and Melinda Gates Foundation, that are being heard.