An Unprecedented 1,640 CEOs Departed in 2019; Now Execs Are Dumping Stock at Highest Pace Since 2006

Posted on September 18, 2020 by Reid Mukai

By Pam Martens and Russ Martens

A rather fascinating picture is emerging that suggests that things were not as rosy in the U.S. economic landscape prior to the pandemic as President Donald Trump and his Director of the National Economic Council, Larry Kudlow, would have the public believe.

Challenger, Gray & Christmas, Inc. has been tracking CEO departures for the past 12 years. Its Vice President, Andrew Challenger, called the numbers for 2019 “staggering.” It was the highest number since their surveys began in 2002. A total of 1,640 CEOs headed for the exits last year. That was 156 more CEOs than those who left their post in 2008 – the year that Wall Street blazed a scorched earth trail through the U.S. economy.

The number of CEOs that did not leave on their own accord last year was 101 out of the 1,640. According to the study, 15 CEOs left over allegations of professional misconduct; 20 left amid a scandal, “typically under investigations for financial wrongdoing or other legal issues”; 24 saw their positions terminated; 39 left due to a merger or acquisition; 3 left due to bankruptcy.

CEOs of old, established companies have the clearest view of what is happening in the overall economy. They can compare sales growth to prior years and prior decades. They can spot negative or positive trends in the economy far ahead of the economic reports that the federal government releases to the public.

When an outsized number of CEOs decide to cash out their stock options, grab their golden parachutes, and flee their corner offices – something smells.

On top of that fishy smell comes a report from TrimTabs Investment Research that corporate insiders have reaped more than $50 billion in stock sales since May, putting insider selling on a pace not seen since 2006 – two years before the stock market and economic crash of 2008.

The above two reports on corporate executive behavior are compatible with Wall Street On Parade’s reports that show that the current financial crisis began in the fall of 2019 – months before the first case of COVID-19 had emerged anywhere in the world. What triggered the financial crisis? The same kind of liquidity crisis on Wall Street that ushered in the crisis of 2008. (See Wall Street’s Financial Crisis Preceded COVID-19: Chart and Timeline and our archive of more than 100 articles on the financial crisis of 2019/2020 here.)

Why does it matter when the financial crisis began? It’s critically important for the following reasons.

First, the U.S. national debt has exploded to $26.69 trillion. To wrap your mind around this explosion of the national debt, you need some historical perspective. At the beginning of the Bill Clinton Presidency in January 1993, the U.S. national debt stood at $4 trillion. At that point, the United States was more than 200 years old. During that 200 years, the U.S. had financed the Revolutionary War, the Civil War, World Wars I and II and the Vietnam War. The country had also been through the greatest economic collapse in its history, the Great Depression, which required a multitude of fiscal spending programs.

It took more than two centuries for the U.S. national debt to reach $4 trillion but in just the past 27 years the national debt has grown by more than $22 trillion – more than a five-fold increase in less than three decades.

This staggering amount of debt puts the nation at risk of a future credit downgrade and cripples its ability to adequately deal with the financial struggles of its citizens during the worst health and financial crisis in a century.

One of the key reasons for this mushrooming debt was the Wall Street financial crisis of 2008 which required massive fiscal spending to keep the economy from sinking into a depression.

But no serious steps were taken by Congress to reform Wall Street. Derivatives remain largely unregulated. Dark Pools are still trading in darkness. Wall Street continues to pay credit rating agencies to rate their toxic debt piles. Off balance sheet casinos run rampant at the largest Wall Street banks. Obscene pay for performance via stock options continues to incentive CEOs and CFOs to massage earnings.

The biggest unaddressed problem is the critical need to restore the Glass-Steagall Act. All of the dangers cited above can, and do, bring down an entire financial institution as we learned in 2008. But with the restoration of the Glass-Steagall Act, the giant, federally-insured, deposit-taking banks would be completely separated from the Wall Street casino investment banks.

This handful of mega banks that hold the majority of deposits in this country are too critical to keeping credit flowing to businesses and consumers to be run by the Wall Street bet-the-ranch mentality. These banks are simply too big to be bailed out again.

When Citigroup was disintegrating from all of the evils mentioned above from 2007 to 2010, this is what it took to resuscitate its sinking hull: $45 billion in capital infusions from the U.S. Treasury; over $300 billion in asset guarantees from the federal government; the Federal Deposit Insurance Corporation (FDIC) guaranteed $5.75 billion of its senior unsecured debt and $26 billion of its commercial paper and interbank deposits; and the Federal Reserve secretly, with no authorization or even awareness of Congress, made a cumulative $2.5 trillion in below-market rate loans to Citigroup from 2007 through at least the middle of 2010, according to an audit by the Government Accountability Office (GAO).

And, finally, acknowledging that this latest financial crisis began prior to the pandemic shines a bright light on the incompetency of the Federal Reserve to manage these Wall Street behemoth banks. It’s simply an insane regulatory model to have a bank regulator with the ability to create money out of thin air that can secretly create and spend $29 trillion bailing out the banks to cover up its own incompetency. That’s what happened from 2007 to 2010 and is in the process of happening again. (See The Fed Has Pumped $9 Trillion into Wall Street Over the Past Six Months, But Mnuchin Says “This Isn’t Like the Financial Crisis”.)

‘Ye are Many, They are Few’: Nonviolent Resistance to the Elite’s Covid-19 Coup

Posted on September 17, 2020 by Reid Mukai

By Robert J. Burrowes

On 16 August 1819, an estimated 60,000 pro-democracy and anti-poverty activists were peacefully protesting the utterly corrupt nature of the Parliament in Westminster and demanding the reform of parliamentary representation (which afforded less than 2% of people the right to vote). The gathering took place in St Peter’s Field, Manchester in England.

The protest was precipitated by the acute economic slump, including chronic unemployment and harvest failure, following the conclusion of the Napoleonic Wars as well as by enforcement of the Corn Laws which kept the price of bread high, by blocking (or imposing tariffs on) the import of cheap grains, at the expense of ordinary people.

After arresting some key figures on the speaker’s cart at the gathering, the cavalry was ordered to disperse the crowd. Charging with sabres drawn, approximately eighteen people were killed and nearly 700 seriously injured, with the event dubbed the ‘Peterloo massacre’ by radical media in a bitterly ironic reference to the bloody Battle of Waterloo some four years earlier. See ‘The Peterloo Memorial Campaign’.

In his evocative tribute to those peaceful activists gathered at St Peter’s Field, Percy Shelley penned what might be considered the first modern words to capture a sense of nonviolent resistance in his poem ‘The Masque of Anarchy’. The poem’s 38^th verse, repeated in the 91st (and final) one, is as follows:

Rise like Lions after slumber
In unvanquishable number,
Shake your chains to earth like dew
Which in sleep had fallen on you —
Ye are many — they are few.

The history of much of human existence since the Neolithic Revolution 12,000 years ago can be written simply: the endless struggle by those who are oppressed and enslaved against the insane elite that oppresses, enslaves and kills them. For brief explanations, see ‘Why Activists Fail’ and ‘The Global Elite is Insane Revisited’. For insight into the terrified psychology that traps members of the elite, and their agents, in an endless cycle of profit-making and wealth accumulation at the expense of the rest of us, see ‘Love Denied: The Psychology of Materialism, Violence and War’.

Of course, nothing has changed although four important points have given the latest manifestation of this perpetual struggle a profound importance that far exceeds earlier (and other ongoing) versions.

The elite coup currently being conducted is taking place under cover of a non-existent ‘virus’ that has been labeled SARS-CoV-2.

If the evidence that the virus does not exist, such as that cited in ‘Halting Our Descent into Tyranny: Defeating the Global Elite’s Covid-19 Coup’, has not persuaded you so far, you are invited to consider the further evidence by watching ‘Do Germs Actually Make You Sick?’ or reading ‘Flaws in Coronavirus Pandemic Theory’.

As David Crowe writes in the article just cited: ‘What is being published in medical journals is not science, every paper has the goal of enhancing the panic by interpreting the data only in ways that benefit the viral theory, even when the data is confusing or contradictory. In other words, the medical papers are propaganda.’

Another option you have if you are seriously interested in the truth is to spend the time to seek out the documented scientific proof that the ‘virus’ labeled SARS-CoV-2 has been isolated, purified and proven to cause a consistent set of disease symptoms among those it ‘infects’, which is then labeled Covid-19. So far, the many of us who have searched for this document – including some of the world’s leading virologists – have not found it.

This coup involves all of humanity, not just a local, provincial or national population.

For just two of the many detailed exposés of the coup and what it portends, see the report written by the Association of French Reserve Army Officers ‘Investigative Report on the COVID-19 Pandemic and its Relationship to SARS-COV-2 and other Factors’ and the video ‘Plandemic II’.

As Pepe Escobar characterizes this coup in his article ‘From 9/11 to the Great Reset’:

A drive by design towards ironclad concentration of power and geoeconomic diktats was first conceptualized – under the deceptive cover of “sustainable development” – already in 2015 at the UN (here it is, in detail).

Now, this new operating system – or technocratic digital dystopia – is finally being codified, packaged and “sold” since mid summer via a lavish, concerted propaganda campaign.

The whole Planet Lockdown hysteria that elevated Covid-19 to post-modern Black Plague proportions has been consistently debunked…

The de facto controlled demolition of large swathes of the global economy allowed corporate and vulture capitalism, world wide, to rake untold profits out of the destruction of collapsed businesses.

And all that proceeded with widespread public acceptance – an astonishing process of voluntary servitude.

Unless we succeed completely in defeating this coup the very essence of what it means to be human will be taken from us.

Introducing her careful explanation of the agenda of the transhumanists, in her video Dr. Carrie Madej opens with the following words:

So what do you think about going from human 1.0 to human 2.0?… Transhumanism… is about taking humans, as we know ourselves, and melding with artificial intelligence…. That might seem kinda cool to you, we might have some superhuman abilities… that’s the idea, that’s what you see in sci-fi movies… Thinking about this topic… I [had thought that it was] many years in the future.

However, this question, this idea is now right in this moment. We need to make a decision… because I investigated the proposed Covid-19 vaccine and this is my alarm call to the world. I looked at the pros and cons and it frightens me.

And I want you to know about this, you need to be very well informed because this new vaccine is not like your normal flu vaccine. This is something very different, this is something brand new, something completely experimental on the human race. And it’s not just about being a different vaccine. There are technologies that are being introduced with this vaccine that can change the way we live, who we are and what we are. And very quickly….

Some people… like Elon Musk, who is the founder of SpaceX and Tesla Automotive, as well as Ray Kurzweil, who is one of the bigwigs of Google, … are self-proclaimed ‘transhumanists’. They believe that we should go to human 2.0 and they are very big proponents of this. There’s a lot of other people… involved with this…. I think the easiest way to explain this to you is to go with one of the frontrunners for the vaccine and go into a little bit of the history and tell you how they want to make the vaccine and I think that will speak volumes. So, for instance, Moderna is one of the frontrunners for the Covid-19 vaccine…. Watch the video ‘Human 2.0 – Transhumanist Vaccine – A Wake Up Call to the World’:

https://www.youtube.com/watch?v=i7J2SPl3-O4

Whitney Webb provides further insight into the elite intention in this regard. In one of her meticulously-researched articles – ‘Coronavirus Gives a Dangerous Boost to DARPA’s Darkest Agenda’ – she outlines the hidden technological agenda behind the Covid-19 coup that might well be delivered as part of any vaccination program by the Pentagon’s Defense Advanced Research Projects Agency (DARPA). After carefully outlining the history and ‘logic’ of what is taking place – such as the development of ‘cyborg “super soldiers”’ and ‘injectable Brain Machine Interfaces (BMIs) with the capability to control one’s thoughts’ – she concludes with the chilling words:

Technology developed by the Pentagon’s controversial research branch is getting a huge boost amid the current coronavirus crisis, with little attention going to the agency’s ulterior motives for developing said technologies, their potential for weaponization or their unintended consequences.…

Those who are fearful and desperate will not care that the vaccine may include nanotechnology or have the potential to genetically modify and re-program their very being, as they will only want the current crisis that has upended the world to stop.

In this context, the current coronavirus crisis appears to be the perfect storm that will allow DARPA’s dystopian vision to take hold and burst forth from the darkest recesses of the Pentagon into full public view. DARPA’s transhumanist vision for the military and for humanity presents an unprecedented threat, not just to human freedom, but an existential threat to human existence and the building blocks of biology itself.

And one consequence of this coup will be human extinction in the near term, by one or more of four possible paths: nuclear war, the collapse of biodiversity, the deployment of 5G, the climate catastrophe.

For fuller explanations of each of these four points, together with the evidence for the paths to extinction, see ‘Halting Our Descent into Tyranny: Defeating the Global Elite’s Covid-19 Coup’.

But to highlight just one symptom of the accelerating climate crisis, for example, you can read the daily update on the 100 or so extreme wildfires in the western United States (including Alaska) on the National Interagency Fire Center website. Importantly, however, you can also read or watch Dane Wigington’s accounts of the role of climate engineering in precipitating these catastrophic fires to destroy forests on GeoEngineering Watch.

And for a taste of the accelerating collapse of Earth’s biodiversity, this article briefly explains some lowlights of the latest Living Planet Report: Bending the Curve of Biodiversity Loss – see ‘Humans behind 70% fall in world’s wildlife over last 50 years’ – while this brief report highlights another of the largely ignored risks to biodiversity and life itself. See ‘Sellafield nearly goes bang, and The Guardian totally misses story’.

So why is this being allowed to happen?

Unfortunately, despite the enormous gravity of the situation in which we find ourselves, most people remain too frightened to seriously investigate and consider the evidence regarding what is taking place and to respond powerfully. Why? Because our parenting and education models mass-produce unconsciously terrified and submissively obedient individuals. See ‘Why Violence?’ and ‘Fearless Psychology and Fearful Psychology: Principles and Practice’.

For these individuals, it is far less frightening to simply accept the elite-driven narrative, promulgated by the World Health Organization, the medical industry, governments and the corporate media, and to submissively accept the savage curtailment of our rights and freedoms. And to powerlessly hope that this assault on our identity, liberty and future will all go away ‘once we have the “virus” under control’.

But as anyone who understands political history or has even the vaguest genuine understanding of modern geopolitics well knows, this will not happen. If we do not struggle, it will be our own obedience, our own cooperation that will condemn us all to the fate being orchestrated by the global elite.

Moreover, given the depth, complexity and multifaceted nature of the threats we now face, unless we struggle strategically there is no real prospect of succeeding.

Resisting the Elite Coup so Far

Fortunately, courageous individuals all around the world are doing what they can to inform and mobilize people before it is too late. These range from individuals writing articles or producing videos to expose the simple fact that the virus known as SARS-CoV-2 does not exist and the non-existent disease labeled Covid-19 is being used to ‘cover’ the elite coup, it involves individuals working to defend our hard-won rights and freedom by using legal challenges to the Covid-19 lockdown measures and, vitally, it involves those people taking nonviolent action to defeat the coup or aspects of it.

And, of course, these measures are having impact as evidenced by the actions being taken by elite agents to suppress awareness of this effort and to thwart it. These actions range from censorship of resistance documents and videos, public disparagement of those resisting (perhaps by being labeled ‘conspiracy theorists’ or ‘anti-vaxxers’), the corporate media ignoring or misrepresenting those protesting, and sham scholarship purporting to describe those resisting as psychologically disordered – see ‘Psychopathic traits linked to non-compliance with social distancing guidelines amid the coronavirus pandemic’ and ‘Adaptive and maladaptive behavior during the COVID-19 pandemic: The roles of Dark Triad traits, collective narcissism, and health beliefs’ – to police harassment, intimidation and arrest of those who take action to resist the coup or one of its features.

But for a taste of the most recent mobilizations, here are some examples.

At the rally in Berlin on 29 August 2020, Robert F. Kennedy Jr. spoke the following words:

The pandemic is a crisis of convenience for the elite who are dictating these policies. It gives them the ability to obliterate the middle class, to destroy the institutions of democracy, to shift all of our wealth to a handful of billionaires [while] impoverishing the rest of us. And the only thing between them and our children is this crowd that has come to Berlin…. Thank you all very much for fighting. See ‘Robert F. Kennedy Jr. Speaks at Berlin Rally for Freedom and Peace’.

You can see a compelling photo of police at the Berlin rally removing their helmets in solidarity with the people at ‘Peaceful Rallies Around the World to Champion Freedom’.

At the Unite for Freedom Rally in Trafalgar Square, London, also on 29 August, David Icke spoke as follows:

We gather here today because a dangerous disease, a deadly disease is sweeping across this land and across this world and it’s not Covid-19, it is fascism…. This world is controlled by a tiny few people because of a simple sequence of imposition and acquiescence. All the way down the pyramid: imposition-acquiescence…. How do we break that sequence? We stop acquiescing! Human race get off your knees!… Stay in your home? No! Wear a mask? No! Let your kids be psychologically dismantled? No!

It is well past the time when we learn the lessons of history. The entirety of human history is one of the few controlling the many because the many acquiesce to the few. Enough!… And I say to the police opposite: ‘You have children, you have grandchildren. And you are enforcing the fascism which your own children and grandchildren will have to live with. Join us, for goodness sake and stop serving the psychopaths.’ There are billions of us and the core of the core of these psychopathic wimps…. I think I can see a way out of this. Come on people of the world. Let’s go! See ‘David Icke’s Speech at the Unite for Freedom Rally’.

But apart from earlier gatherings of large numbers of people to protest the coup that I have previously reported – see, for example, ‘Halting Our Descent into Tyranny: Defeating the Global Elite’s Covid-19 Coup’ – you can read a report of the demonstration in Ottawa on 29 August 2020 here: ‘Parliament Hill protestors denounce “tyranny,” demand end to COVID-19 restrictions’.

There was also an ‘Anti-mask and anti-vaccination demonstration in Zurich’ on 29 August 2020.

And you can see a selection of videos from around the world here: ‘People of the World Do not Consent to Tyranny’.

Meanwhile, the government of the state of Victoria (in south-eastern mainland Australia) continues to cling tenaciously to its record as the most repressive police state on Earth, even arresting people for encouraging others to attend protest rallies. See ‘Victorian woman charged over alleged anti-lockdown protest plans’ and ‘Australian Woman Arrested For Making A Facebook Post About A COVID Protest’.

This is occurring despite the obvious illegality of federal and state government actions in Australia (and Victoria particularly) which have been carefully detailed, for example, by Victorian lawyer Serene Teffaha who explains the substantial range of laws that are being violated by the government of Victoria (including sections 60, 61, 88, 90, 91, 92 and 95 of the Australian ‘Biosecurity Act 2015’ which takes precedence over its Victorian equivalent, the Public Health and Mental Well-being Act 2008) in her video ‘Lawyer Serene Teffaha explains the Law re: Bio-security act – forced medical measures & procedures’.

If you thought that the rule of law would protect you from government overreach, it might be a good time to review your belief. The law is simply another tool in the elite’s armory against you and it is being used with devastating impact right now. See ‘The Rule of Law: Unjust and Violent’.

In his 77-minute recorded statement to police after his own arrest – ‘The accused at Greater Melbourne between the 16th of August 2020 and the 27th of August 2020 did incite another person/persons to pursue a course of conduct that involved the commission of an offence by promoting a planned protest with the intention to incite person/persons to contravene namely s 203 (1) of the Public Health and Wellbeing Act 2008 by encouraging them to not wear masks and also to leave their residence without a specified reason as provided by the stay at home directions’: see ‘Solihin Millin Interview with Victorian Police After Arrest’ – 76 year old scientist Solihin Millin stated the following:

We live in a supposedly free society, surely we can debate…. Then we use our intellect and our ability to choose. It is stifled, it is censored everywhere by the Australian government, by the Victorian government, by unfortunately the police, who in my words are supporting extortion because [Victorian premier Daniel Andrews] knows that the way to people’s hearts is through their pockets and so he is extorting money from us to make us do his will and, of course, everyone is filled with fear. This is not an epidemic of a virus, it is an epidemic of fear….

I follow the value of truth, I follow the value of unconditional love, I follow the value [of] virtue… (‘help ever, hurt never’), [I follow] the value of peace and the value of nonviolence…. Our behaviour has to be Godly, it has to be pure, it has to be peaceful. However, the sword that we hold in our hand is the sword of truth…. And that is what’s not being allowed. And you will find that I have been arrested because I have a particular point of view which is against these dictates of the health minister…. So I have been arrested.

And within two seconds I can… prove to you there is no pandemic. Just some simple arithmetic: How many people have died [in Australia]? Three, four hundred? How many Australians are there? 26,000,000. How long has this nonsense been going? Seven months. This is rubbish! And they are stealing – and this is absolutely guaranteed scientifically – they are stealing old-age deaths, with comorbidity features – cancer, heart attacks, pneumonia, diabetes – and they are assigning those old-age deaths to Covid-19. And you know if you look on the Australia Bureau of Statistics website all they have to do is assume Covid-19. They don’t even have to test for it! Watch ‘Solihin Millin Interview with Victorian Police After Arrest’.

Resisting the Elite Coup Strategically

So while there is considerable ongoing resistance to this coup, given the extraordinary nature of what is at stake, my own preoccupation is to encourage and facilitate a strategically-focused resistance to it so that we have the impact we need in each of the dimensions – including those threatening human extinction – necessary for us to be successful.

Hence, if you already understand what is at stake – or you are willing to consider the evidence more carefully – but you are not yet ready to act powerfully in response, I invite you to focus more intently on how you feel in response to the threats posed and to give yourself adequate time to do so. By gaining a clearer sense of your emotional response – fear, anger, despair, frustration… – you will be better able to utilize this, along with other mental faculties such as your intellect, conscience and intuition, to craft an integrated and powerful way forward. See ‘Putting Feelings First’.

And, depending on your interests and circumstances, there is a range of possible responses that will each make an important difference (with many entailing no risk whatsoever).

Fundamentally, you might consider making ‘My Promise to Children’ which will include considering what an education for your children means to you, particularly if you want powerful individuals – not ones who are submissively obedient to elite directives and project their fear onto others – who can perceive reality and resist violence. See ‘Do We Want School or Education?’

You might consider supporting others to become more powerful. See ‘Nisteling: The Art of Deep Listening’.

You might also consider how your diet and healthcare could usefully be revised to empower you to resist medical propaganda, particularly given the extensively documented death-dealing for which corporate medicine is responsible. See, for example, ‘Pharma Death Clock’.

If you wish to strategically resist the elite coup, you can read about nonviolent strategy, including strategic goals for doing so, from here: Coup Strategic Aims.

Remaining pages on this 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’ and ‘Nonviolent Action: Minimizing the Risk of Violent Repression’.

Given the complexity of the configuration of this conflict, however, which involves the need to fight simultaneously to retain our essential humanity, defeat the elite coup and avert near-term human extinction, it is important that our tactical choices are strategically-oriented (as are those listed on the Strategic Aims page nominated above). 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 strategic goals referenced above). This is important if our actions are to have impact on key underlying measures, such as those being taken by the elite to advance the fourth industrial revolution, including the robotization of humans for work and war-fighting.
Third, 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.

Fortunately, as more people become aware of the deeper strands of what is taking place, the energy to break the lockdowns, resist other limitations on our rights and freedoms (such as contact tracing, Covid-19 testing/temperature checks, mask-wearing and vaccinations) as well as resist the coup itself 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, religious or sporting event, a nonviolent action, a community activity such as working to establish a community garden to increase local self-reliance, a celebration and/or a return to work – we can mobilize people to collectively resist. As has been happening.

If you wish to focus on powerfully resisting one of the primary threats to human existence – nuclear war, the deployment of 5G, the collapse of biodiversity and/or the climate catastrophe – you can read about nonviolent strategy, including strategic goals to focus your campaigns, from here: Campaign Strategic Aims.

You might also consider joining those who are powerful enough to recognize the critical importance of reduced consumption and greater self-reliance as essential elements of these strategies by participating in ‘The Flame Tree Project to Save Life on Earth’. While you over-consume or are dependent on the elite for your survival, in any way, you are vulnerable.

In addition, you are welcome to consider signing the online pledge of ‘The People’s Charter to Create a Nonviolent World’.

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:

I will listen deeply to children. See ‘Nisteling: The Art of Deep Listening’.
I will not travel by plane
I will not travel by car
I will not eat meat and fish
I will only eat organically/biodynamically grown food
I will minimize the amount of fresh water I use, including by minimizing my ownership and use of electronic devices
I will not own or use a mobile (cell) phone
I will not buy rainforest timber
I will not buy or use single-use plastic, such as bags, bottles, containers, cups and straws
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
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
I will not get news from the corporate media (mainstream newspapers, television, radio, Google, Facebook, Twitter…)
I will make the effort to learn a skill, such as food gardening or sewing, that makes me more self-reliant
I will gently encourage my family and friends to consider signing this pledge.

Conclusion

There is no SARS-CoV-2 virus. There is no Covid-19 disease. Therefore, you cannot be tested for it, you cannot ‘prevent’ infection by social distancing, wearing a mask, vaccination or being under house arrest. You cannot ‘catch’ a virus that does not exist.

However, under cover of this manufactured ‘health crisis’ the global elite is fundamentally reshaping global society to serve its own purpose with millions (in industrialized countries) being marginalized and millions (in countries throughout Africa and Asia particularly, where disruption of food distribution systems has hit hardest) being killed in the process. See ‘WFP chief warns of “hunger pandemic” as Global Food Crises Report launched’ and ‘COVID-19 could kill more people through hunger than the disease itself, warns Oxfam’.

Fortunately, awareness of what is at stake is now steadily rising. And so is the resistance. But we are a long way from dealing effectively with either the coup – and all that this portends – or the primary paths to imminent human extinction.

In the words of David Icke: ‘Human race get off your knees!’

Viral Fantasies of Control

Posted on September 15, 2020 by Reid Mukai

By Russ Bangs

Source: Volatility

It was clear from the start that if SARS-COV-2 really posed an unusual danger which in theory merited aggressive government intervention, there was no good solution since we have only incompetent and malign systems trying to apply fundamentally wrong-headed ideologies and practices against nature at her most assertive, fluid and flexible. It was always clear that the best societies could do was to take precautions to protect the most vulnerable while otherwise letting the bug do what it certainly is going to do anyway regardless of all attempts to violently segregate and suppress it. Lockdowns accomplish nothing but to delay the inevitable while adding immense collateral harms to physical and mental health, human community and culture, and radically accelerate the economic liquidation of the people.

And yet protecting the vulnerable is the one thing most Western societies refused to do, while those same societies acted very aggressively imposing every kind of worthless measure upon the general population which is not in any special danger from the bug and which inevitably must attain herd immunity. SARS-COV-2 already was irretrievably at large long before any measures were undertaken in the West, so any possibility of limiting the range and infection rate went glimmering long ago. The only likely place to have limited the virus was at the bioweapons lab where it was engineered or modified in the first place, whether this lab be in Maryland or Wuhan. Once it was let slip from there, and once it evaded any local quarantine (it was long gone by the time any measures were taken), the game was up, nature took over and the epidemiological cycle was guaranteed to complete itself. Societies never had any option but to let nature take its course toward herd immunity.

What’s been done has been exactly upside down. It’s the vulnerable who should be shielded while nature takes its course among the general population, who go about life as usual. Dominionist-technocratic rigidity can’t prevent the cycling of Gaia in spite of the delusions of the modernist religion which is merely an updated biblical dominionism. This is especially true since Western societies began their measures far too late anyway. From the start it would’ve been best to let herd immunity develop as fast as it naturally will, at which time the virus recedes from lack of hosts and is likely to mutate in a milder direction along the way. This is the only way to bring a safer environment for all including the most vulnerable. Nothing else was going to work, while the lockdowns add a long list of purely gratuitous evils: The very high number of preventable deaths from the lockdown itself, political cover for the most extraordinary Fed interventions yet to prop up the collapsing financial system, political cover for this latest Wall Street plunder expedition empowered by the lockdown’s controlled demolition of the economy, the radical escalation of the police state, the euthanasia campaign the campaign has enabled against the sickly aged, the escalation of anti-China war propaganda, the deep trauma disorienting people into total submission and social conformity, the radical aggravation of the anti-social, anti-human atomization of the people.

Those who can’t or are unwilling to understand these concepts seem motivated by prior police-statist ideology and/or mental collapse into a state of terror caused by the propaganda campaign, but it has nothing to do with rationally deliberated concern for any public health.

Therefore any debate over what in theory would be the best response if the bug was coming but not yet here always was moot. The only rational response was for society to exert itself to protect institutions where the most vulnerable are congregated while letting nature take its course through the general population, just like any regular flu.

Instead governments did the radical opposite of this, imposing general lockdowns while doing nothing real, only sham, to protect nursing homes and hospitals. As a result those became slaughterhouses. At the same time the pointless lockdowns are causing tremendous ancillary health harms and will kill more than the bug itself.

Yet even now most still believe that lockdowns and similar measures are worthy and that the bug can be stopped short of cycling thruout the population.

From day one this has been as true of “alternative” types as it is of the mainstream. Both equally heeded the propaganda call to “Stampede!” and joined the technocrat-led chorus howling the imperative, “We Have to DO Something!!” From there it follows as religious doctrine that there must exist a Good Solution when in fact no such thing exists. For most problems and crises the dissenters’ alleged Good Solution is different from that of the mainstream, but in the case of Covid they’re in lock step. Indeed the pre-existing alternative establishment largely has dissolved itself back into the mainstream, very likely permanently. Just as most individual “anti-authoritarians” have their personal fetishes which cause them to metastasize to a tyrannical advocacy, so the Covid Death Cult has proven to be the road back to authoritarian mainstream home for almost all erstwhile “dissidents”. Their regression to the neoliberal mainstream in the cases of Trump Derangement and Brexit were mere rehearsals.

Many among the apostates still cherish the Stalinesque fantasy that from the Covid apocalypse and the ashes of humanity it leaves behind will arise the phoenix day of a new city of social justice and ecological sustainability. According to this vision, the closer the economic civilization comes to totalitarianism and ecological collapse the closer it comes to a utopian transformation from all that’s bad to all that’s good. (Stalin imparted the dogma that the worse the class struggle gets, the closer society is to the communist revolution.) This is one reason why almost all leftists, “anti-authoritarians”, anti-imperialists have ardently embraced the Death Cult and acted as propagandists for it – they believe in doing so they’re speeding the descent of their version of Revelation’s New City.

But there’s no reason to believe in such daydreams. The globalist corporate system deliberately used the Covid propaganda pretext in order to undertake the controlled demolition of the global economy, precisely in order artificially to generate the conditions for a new round of elementary capitalist accumulation. The economic civilization, a metastatic cancer dependent on “growth” in order to sustain itself at all, always needs a bleeding boundary where it is rending and destroying hitherto unassimilated “resources” in order to turn them into commodities. At the limits of the globe, where the civilization has long since found itself, it can only rip open old wounds, destroy parts of itself in order to render them capable of being re-assimilated in new bouts of cancer-growth. This disaster capitalism most often has used war or economic collapse as its agent of destruction, but disasters like Hurricane Katrina or hoax disasters like Covid-19 also serve. This current, most extreme campaign of disaster capitalism is also being called the Great Reset, exactly the right term: Global capitalism, more broadly the economic civilization itself, is collapsing of its own top-heavy parasite finance extrusion and desperately has needed a reset, a vast newly devastated zone where it again can recycle its rampage. This is why the system seized upon the objectively mild Covid-19 epidemic to launch a global propaganda campaign fraudulently depicting it as a lethal pandemic, in order to gain the political pretext to lock down, i.e. deliberately demolish, the global economy which was on the verge of chaotic collapse.

Therefore any economic slowdown effects, and any environmental and social benefits which went along with this slowdown were purely incidental. Nor is there any prospect I can see of any new movement arising to turn these to pivotal social effect. No one, and least of all the leftist alternative types, actually wants any significant degrowth, any significant dismantling of the economic civilization. On the contrary all political factions agree the system must resume with all the ecocidal and mass homicidal violence of which it’s capable. There’s no constituency for any alternative path. On the contrary all system factions which purport to want a more ecologically harmonious path are touting the Green Capitalist, Green New Deal, Green Cancer/”Growth” fraud, which simply means business as usual, albeit with a “green” tone.

So there’s no way to turn the Covid-19 to “progressive” effect. This demolishes the apostates’ only constructive rationale for their adherence to the cult. (How ironic and psychopathic that they accuse Covid skeptics and dissenters of being willing to let people die, when they’re the ones who, in the same breath where they conjure the specter of millions dying also evoke utopian visions of what goodness will come of this. Not to mention that most of the deaths which have transpired were victims of the lockdownists’ own euthanasia campaign.)

There will be no control of the Coronavirus and no control of the destiny of social humanity under the boot of the terror-lockdown campaign other than in the direction of police state tyranny amid general economic devastation. This will be the direction, if the people continue to allow it and continue to embrace or obey the cult.

How big corporations are draining the life out of a sick America

Posted on September 14, 2020 by Reid Mukai

If today’s companies were truly offering a fair return to the taxpayers who built their businesses, they’d be doing a lot more to ensure that all Americans have the means to support their families.

By Paul Buchheit

Source: Nation of Change

When Dr. Jonas Salk was asked about a patent on his polio vaccine in 1955, he said, “There is no patent. Could you patent the sun?” When Gilead Sciences recently developed an anti-Covid drug for about $12 per treatment, they set the price at $3,200.

As Republicans and business leaders decry the word ‘social’ as anti-American, they continue to promote the free-market “winner take all” philosophy that has caused over half of our nation to try to survive without adequate health care and life savings and job opportunities. Our richest corporations are much to blame. A review of the facts should make this clear.

They continue to cheat on taxes

After building their businesses on 70 years of taxpayer-funded research and development, six dominant tech companies (Apple, Amazon, Google, Microsoft, Facebook, and Netflix), which together are worth over $7 trillion, have avoided over a hundred billion dollars in taxes over the past decade.

The profits of some of the largest U.S. corporations are surging in this pandemic year of sickness and death. And the levels of fraud and deceit keep growing along with the profits. A shocking analysis by the Tax Justice Network concludes that “Multinational firms operating around the world are shifting over $1 trillion in profits every year to corporate tax havens.” A trillion dollars a year, lost to the people in need of jobs and food and housing.

They’ve rigged the system

Fifty years of lobbying against their own tax responsibilities has borne fruit for the big corporations. First of all, the corporate tax rate has dropped from about 35 percent to a low of 11 percent in 2019.

Secondly, the payroll tax has been used to make up the corporate shortfall. In the past fifty years the corporate percent of tax revenue from major sources has decreased from 23 percent to 7 percent. The payroll tax percent has increased from 24 percent to 39 percent. Corporations have drastically cut their taxes while putting more of the tax burden on workers.

It gets more insidious. In the past ten years Republicans have waged an anti-IRS campaign, slashing the budget of one of the most productive and cost-effective government agencies, and eliminating the positions of highly specialized employees who might have been expected to go after the largest corporations and the biggest cheaters.

And it gets personal. According to the IRS’ own Taxpayer Advocate, the average U.S. household pays $3,000 per year to make up for the delinquents and deadbeats.

Their greed reached new heights

With the 2017 corporate tax cuts came the lofty assurances that money would be freed up for new investment in jobs and R&D. So what happened? Hypocrisy happened. In the following year S&P 500 companies set a new record for buying back their stock to artificially boost stock prices for management and investors — a practice that was illegal until the Reagan years. While about a third of S&P companies are now curtailing stock buybacks in response to the pandemic, others have depleted so much of their funds that they have turned to the pandemic-inspired CARES Act for relief to “distressed industries.”

Start with the airlines. The Big Four spent $42.5 billion on buybacks between 2014 and 2019, and now they’re asking for $50 billion in bailout money. Delta CEO Ed Bastian had the audacity to say “the owners of a business deserve a return, too.” Boeing, which was actually borrowing money to buy back stock, is now asking for a $17 billion bailout from taxpayers.

Merck, whose 1950s slogan was “Medicine is for people, not for profits,” spent $10 billion on R&D in 2018 and $14 billion on share repurchases and dividends.

At Home Depot, according to the Roosevelt Institute and the National Employment Law Project, the money spent on buybacks could have boosted the average employee’s salary by $18,000 a year.

And fast food giants including KFC, Wendy’s, and Papa John’s, who, according to the New York Times, had spent great sums of money on buybacks, now need $145 billion of taxpayer funding to avoid mass layoffs.

They show disdain for the American worker

Stock buybacks are only part of the corporate trend to diminish the state of the worker. Automation is eliminating millions of jobs. The old argument that the loss of jobs to technology has always been followed by a new and better class of work becomes meaningless when the machines start doing our thinking for us. And when the changes are occurring at such a rapid pace. A McKinsey report states: “Those earlier workforce transformations took place over many decades, allowing older workers to retire and new entrants to the workforce to transition to the growing industries. But the speed of change today is potentially faster.” The speed of change is faster still because of the loss of jobs during the Covid pandemic.

Common arguments in favor of the tech companies are that (1) they’re making a lot of people rich, and (2) they’re providing all of us with remarkable products. Well, they’re making about 20% of Americans rich. And their products are a result of 70 years of taxpayer-funded research and development, much of it by government agencies. If today’s companies were truly offering a fair return to the taxpayers who built their businesses, they’d be doing a lot more to ensure that all Americans have the means to support their families.

The Pandemic Is Accelerating Trends That Are Disrupting the Foundations of the Economy

Posted on September 8, 2020 by Reid Mukai

By Charles Hugh Smith

Source: Of Two Minds

The problem is the economy that’s left has no means of creating tens of millions of jobs to replace those lost as the 1959 economic model collapses.

Fundamentally, the economy of 2019 was not very different from the economy of 1959: people went shopping at retail stores, were educated at sprawling college campuses, went to work downtown, drove to the doctor’s office or hospital, caught a flight at the airport, and so on.

The daily routine of the vast majority of the workforce was no different from 1959. In 2019, the commutes were longer, white-collar workers stared at screens rather than typewriters, factory workers tended robots and so on, but the fundamentals of everyday life and the nature of work were pretty much the same.

Beneath the surface, the fundamental change in the economy was financialization, the commodification of everything into a financial asset or income stream that could then be leveraged, bundled and sold globally at an immense profit by Wall Street financiers.

This layer of speculative asset-income mining had no relation to the actual work being done; it existed in its own derealized realm.

For decades, these two realms—the structure of everyday life (to borrow Braudel’s apt term) and the abstract, derealized but oh so profitable realm of financialization–co-existed in an uneasy state of loosely bound systems.

If you squinted hard enough and repeated the mantras often enough, you could persuade yourself there was still some connection between the everyday-life economy and the realm of financialization.

The two realms have now disconnected, and the real-world economy has been ripped from its moorings, as patterns of work and every-day life that stretch back 70 years to the emergence of the postwar era unravel and dissolve.

The trends that are currently fatally disrupting retail, education, office work and healthcare have been in place for years. When I wrote my 2013 book about the digitized future of higher education in a low-cost union of high-touch and low-touch learning, The Nearly Free University, all these trends were already clearly visible to those willing to look beyond the models embedded in the economy for decades or even centuries.

Visionaries like Peter Drucker foresaw the complete disruption of the education and healthcare sectors as far back as 1994. Post-Capitalist Society.

The problem with this disruption is it eliminates tens of millions of jobs–not just the low-paying jobs in retail and dining-out, but high-paying jobs in university administration, healthcare, and other core service sectors.

The last real-world connection between everyday life and financialization was the over-supply of everything that could be financialized: the way to reap the big profits was expand whatever could be leveraged and sold. So retail and commercial space ballooned, colleges proliferated, cafes sprang up on every corner, etc.

Meanwhile, financialization’s unquenchable thirst for higher profits stripped everything of the redundancy and buffers required to stabilize the system in times of crisis. So hospitals no longer kept inventory because by the logic of financialization, all that mattered was maximizing the return on capital–nothing else could possibly matter in the derealized realm of speculative profiteering.

Now healthcare finds itself trapped between the pincers of financialization’s stripmining and the collapse of retail in-person demand–the financial foundation of the entire system. Under the relentless pressure of financialization’s stripmining and profteering, healthcare only survives if it can bill somebody somewhere a staggering amount for everything from office visits to procedures to hospital stays to medications.

Once that avalanche of billing dries up, the entire sector implodes: a sector that accounts for almost 20% of the U.S. economy.

Higher education is also imploding, and for the same reason: its output no longer justified its enormous cost structure. The same can be said of overbuilt retail and commercial space: the financial justification for sky-high rents have imploded and will never come back. The over-supply is so monumental and the collapse of demand so permanent, the gigantic pyramid of debt and speculative excess piled on all these excesses is collapsing.

A bailout by the Federal Reserve won’t change the fundamentals of the collapse of financialization; all the Fed can do is reserve scarce lifeboat seats for its billionaire banker-financier pals. (Warren, you know Bill, have you met Jamie, Jeff, Tim and the rest of the Zillionaire Rat-Pack?)

Despite the record highs in the stock market–the ultimate expression of financialization disconnected from the real-world economy–financialization is also imploding. Financialization still claimed a connection to the real world of income streams and the value of the collateral underlying all the speculative profiteering: the high rents paid by the restaurants on the ground floor and the businesses for office space above justified the high value of the collateral, the commercial building.

Foundational swaths of the real-world economy have been swept away, and so the collateral is largely worthless. Lots of people want their employer to start paying for business-class airline seats again so they can jet around the country on somebody else’s dime, staying in pricey hotels and attending conferences, but these activities no longer have any financial justification.

The economy of 1959 is finally expiring. The enormous time and money sinks of transporting humans hither and yon no longer have any financial justification.

The problem is the economy that’s left has no means of creating tens of millions of jobs to replace those lost as the 1959 economic model collapses. We all know that automation is replacing human labor, but the real change is the collapse of the financial justification for the enormously costly systems we now depend on to generate jobs: healthcare, retail, tourism, dining out, education, working downtown, and all the professions dependent on managing all this complexity.

While the elimination of low-skill jobs–a longstanding trend–is attracting attention, the implosion of the 1959 economic model and financialization will soon sweep away millions of high-paying professional jobs that no longer have any financial justification.

As the 1959 economy implodes, so does the tax system based on payroll taxes and property taxes. This article sketches out the perverse incentives for employers to invest in automation rather than hire workers: Covid-19 Is Dividing the American Worker (WSJ.com)

There are alternatives, but they require accepting the implosion of both the 1959 economic model and its evil offspring, financialization.

I sketched out an alternative way of organizing work, everyday life and finance in my book A Radically Beneficial World. There are alternative ways of organizing civilization other than the insanely wasteful and exploitive system we now inhabit.

From Lockdown to Police State: The “Great Reset” Rolls Out

Posted on August 31, 2020 by Reid Mukai

By Ellen Brown

Source: EllenBrown.com

Mayhem in Melbourne

On August 2, lockdown measures were implemented in Melbourne, Australia, that were so draconian that Australian news commentator Alan Jones said on Sky News: “People are entitled to think there is an ‘agenda to destroy western society.’”

The gist of an August 13^th article on the Melbourne lockdown is captured in the title: “Australian Police Go FULL NAZI, Smashing in Windows of Civilian Cars Just Because Passengers Wouldn’t Give Details About Where They Were Going.”

Another article with an arresting title was by Guy Burchell in the August 7^th Australian National Review: “Melbourne Cops May Now Enter Homes Without a Warrant, After 11 People Die of COVID — Australia, This Is Madness, Not Democracy.” Burchell wrote that only 147 people had lost their lives to coronavirus in Victoria (the Australian state of which Melbourne is the capital), a very low death rate compared to other countries. The ramped up lockdown measures were triggered by an uptick in cases due to ramped up testing and 11 additional deaths, all of them in nursing homes (where lockdown measures would actually have little effect). The new rules include a six week curfew from 8 PM to 5 AM, with residents allowed to leave home outside those curfew hours only to shop for food and essential items (one household member only), and for caregiving, work and exercise (limited to one hour).

“But the piece de resistance,” writes Burchell, “has to be that now police officers can enter homes with neither a warrant nor permission. This is an astonishing violation of civil liberties…. Deaths of this kind are not normally cause for government action, let alone the effective house arrest of an entire city.” He quoted Victoria Premier Daniel Andrews, who told Victorians, “there is literally no reason for you to leave your home and if you were to leave your home and not be found there, you will have a very difficult time convincing Victoria police that you have a lawful reason.” Burchell commented:

[U]nder this new regime you can’t even remain in your house unmolested by the cops, they can just pop ‘round anytime to make sure you haven’t had Bruce and Sheila from next door round for a couple of drinks. All over a disease that is simply not that fatal….

Last year more than 310,000 Australians were hospitalised with flu and over 900 died. By all metrics that makes flu a worse threat than COVID-19 but police weren’t granted Stasi-like powers during the flu season. Millions of people weren’t confined to their homes and threatened with AUS$5,000 fines for not having a good reason for being out of their homes.

At an August 19^th press conference, Australia’s second most senior medical officer said the government would be discussing measures such as banning restaurants, international travel, public transport, and withholding government programs through “No Jab No Pay” in order to coerce vaccine resisters.

An August 13 article on LifeSiteNews quoted Father Glen Tattersall, a Catholic parish priest in Melbourne, who said the draconian provisions “simply cannot be justified on a scientific basis”:

We have a curfew from 8 pm to 5 am, rigorously enforced including by the use of police helicopters and search lights. Is the virus a vampire that just comes out at night? Or the wearing of masks: they must be worn everywhere outside, even in a park where you are nowhere near any other person. Why? Does the virus leap hundreds of metres through the air? This is all about inducing mass fear, and humiliating the populace by demanding external compliance.

Why the strict curfew? Curfews have been implemented recently in the US to deter violence during protests, but no violence of that sort was reported in Melbourne. What was reported, at least on social media, were planes landing in the night from ‎the Chinese province of Guandong carrying equipment related to 5G and the Chinese biometric social credit system, which was reportedly being installed under a blanket of secrecy.

Angelo Codevilla, professor emeritus at Boston University, concluded in an August 13^th article, “We are living through a coup d’état based on the oldest of ploys: declaring emergencies, suspending law and rights, and issuing arbitrary rules of behavior to excuse taking ‘full powers’.”

Questioning the Narrative

Melbourne has gone to extremes with its lockdown measures, but it could portend things to come globally. Lockdowns were originally sold to the public as being necessary just for a couple of weeks to “flatten the curve,” to prevent hospital overcrowding from COVID-19 cases. It has now been over five months, with self-appointed vaccine czar Bill Gates intoning that we will not be able to return to “normal” until the entire global population of 7 billion people has been vaccinated. He has since backed off on the numbers, but commentators everywhere are reiterating that lockdowns are the “new normal,” which could last for years.

All this is such a radical curtailment of our civil liberties that we need to look closely at the evidence justifying it; and when we do, that evidence is weak. The isolation policies were triggered by estimates from the Imperial College London of 510,000 UK deaths and 2.2 million US deaths, more than 10 times the actual death rate from COVID-19. A Stanford University antibody study estimated that the fatality rate if infected was only about 0.1 to 0.2 percent; and in an August 4^th blog post, Bill Gates himself acknowledged that the death rate was only 0.14 percent, not much higher than for the flu. But restrictive measures have gotten more onerous rather than less as the mortality figures have been revised downward.

A July 2020 UK study from Loughborough and Sheffield Universities found that government policy over the lockdown period has actually increased mortality rather than reducing it, after factoring in collateral damage including deaths from cancers and other serious diseases that are being left untreated, a dramatic increase in suicides and drug overdose, and poverty and malnourishment due to unemployment. Globally, according to UNICEF, 1.2 million child deaths are expected as a direct result of the lockdowns. A data analyst in South Africa asserts that the consequences of the country’s lockdown will lead to 29 times more deaths than from the coronavirus itself.

Countries and states that did very little to restrict their populations, including Sweden and South Dakota, have fared as well as or better overall than locked down US states. In an August 12^th article in The UK Telegraph titled “Sweden’s Success Shows the True Cost of Our Arrogant, Failed Establishment,” Allister Heath writes:

Sweden got it largely right, and the British establishment catastrophically wrong. Anders Tegnell, Stockholm’s epidemiologist-king, has pulled off a remarkable triple whammy: far fewer deaths per capita than Britain, a maintenance of basic freedoms and opportunities, including schooling, and, most strikingly, a recession less than half as severe as our own.

Not restraining the populace has allowed Sweden’s curve to taper off naturally through “herd immunity,” with daily deaths down to single digits for the last month. (See chart.)

The Pandemic That Wasn’t?

Also bringing the official narrative into question is the unreliability of the tests on which the lockdowns have been based. In a Wired interview, even Bill Gates acknowledged that most US test results are “garbage.” The Polymerase Chain Reaction (PCR) technology used in the nasal swab test is considered the “gold standard” for COVID-19 detection; yet the PCR test was regarded by its own inventor, Nobel prize winner Kary Mullis, as inappropriate to detect viral infection. In a detailed June 27^th analysis titled “COVID-19 PCR Tests Are Scientifically Meaningless,” Torsten Engelbrecht and Konstantin Demeter conclude:

Without doubt eventual excess mortality rates are caused by the therapy and by the lockdown measures, while the “COVID-19” death statistics comprise also patients who died of a variety of diseases, redefined as COVID-19 only because of a “positive” test result whose value could not be more doubtful.

The authors discussed a January 2007 New York Times article titled “Faith in Quick Test Leads to Epidemic That Wasn’t,” describing an apparent whooping cough epidemic in a New Hampshire hospital. The epidemic was verified by preliminary PCR tests given to nearly 1,000 healthcare workers, who were subsequently furloughed. Eight months later, the “epidemic” was found to be a false alarm. Not a single case of whooping cough was confirmed by the “gold standard” test – growing pertussis bacteria in the laboratory. All of the cases found through the PCR test were false positives.

Yet “test, test, test” was the message proclaimed for all countries by WHO Director General Tedros Adhanom at a media briefing on March 16, 2020, five days after WHO officially declared COVID-19; and the test recommended as the gold standard was the PCR. Why, when it had already been demonstrated to be unreliable, creating false positives that gave the appearance of an epidemic when there was none? Or was that the goal – to create the appearance of a pandemic, one so vast that the global economy had to be brought to a standstill until a vaccine could be found? Recall Prof. Codevilla’s conclusion: “We are living through a coup d’état based on the oldest of ploys: declaring emergencies, suspending law and rights, and issuing arbitrary rules of behavior to excuse taking ‘full powers’.”

People desperate to get back to work will not only submit to a largely untested vaccine but will agree to surveillance measures that would have been considered a flagrant violation of their civil rights if those rights had not been overridden by a “national emergency” justifying preemption by the police powers of the state. They will agree to get “immunity passports” in order to travel and participate in group activities, and they will submit to quarantines, curfews, contact tracings, social credit scores and informing on the neighbors. The emergency must be kept going to justify these unprecedented violations of their liberties, in which decision-making is removed from elected representatives and handed to unelected bureaucrats and technocrats.

A national health crisis also a necessary prerequisite for relief from liability for personal injuries from the drugs and other products deployed in response to the crisis. Under the 2005 Public Readiness and Emergency Preparedness Act (PREPA), in the event of a declared public health emergency, manufacturers are shielded from tort liability for injuries both from the vaccines and from invalid or invasive tests. Compensation for personal injuries is a massive expense for drug companies, and the potential profits from a product free of that downside are a gold mine for pharmaceutical companies and investors. The liabilities will be borne by the taxpayers and the victims.

All this, however, presupposes both an existing public health emergency and no effective treatment to defuse it. That helps explain the otherwise inexplicable war on hydroxychloroquine, a safe drug that has been in use and available over the counter for 65 years and has been shown to be effective in multiple studies when used early in combination with zinc and an antibiotic. A table prepared by the American Association of Physicians and Surgeons (below) found that the US has nearly 30 times as many deaths per capita as countries making early and prophylactic use of hydroxychloroquine.

The latest international testing of hydroxychloroquine treatment of coronavirus shows countries that had early use of the drug had a 79% lower mortality rate than countries that banned the use of the safe malaria drug. Lowering the US mortality rate by 79% could have saved over 100,000 lives. But an effective, inexpensive COVID-19 treatment would mean the end of the alleged pandemic and the vaccine bonanza it purports to justify.

The need to maintain the appearance of a pandemic also explains the inflated reports of cases and deaths. Hospitals have been rewarded with increased fees for reclassifying cases as COVID-19. As deaths declined in the US, the numbers of cases reported by the Centers for Disease Control were also gamed to make it appear that America was in a “second wave” of a pandemic. The reporting criterion was changed on May 18 from people who tested positive for the virus only to people who tested positive for either the virus or its antibodies. The exploding numbers thus include people who have recovered from COVID-19 as well as false positives. The Loughborough and Sheffield researchers found that when controlling for other factors affecting mortality, actual deaths due to COVID-19 are 54% to 63% lower than implied by the standard excess deaths measure.

Ushering in “The Great Reset”

Forcing compliance with global vaccine mandates is one obvious motive for maintaining the appearance of an ongoing pandemic, but what would be the motive for destroying the global economy with forced lockdowns? What is behind the “agenda to destroy Western society” suspected by Australian commentator Alan Jones?

Evidently it is this: destroying the old is necessary to usher in the new. Global economic destruction paves the way for the “Great Reset” now being promoted by the World Economic Forum, the Bill and Melinda Gates Foundation, the International Monetary Fund and other big global players.

Although cast as arising from the pandemic, the “global economic reset” is a concept that was floated as early as 2014 by Christine Lagarde, then head of the IMF, and is said to be a recharacterization of the “New World Order” discussed long before that. It was promoted as a solution to the ongoing economic crisis triggered in 2008.

The World Economic Forum – that elite group of businessmen, politicians and academics that meets in Davos, Switzerland, every January – announced in June that the Great Reset would be the theme of its 2021 Summit. Klaus Schwab, founder of the Forum, admonished:

The world must act jointly and swiftly to revamp all aspects of our societies and economies, from education to social contracts and working conditions. Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed.

No country will be allowed to opt out because it would be endangering the rest, just as no person will be allowed to escape the COVID-19 vaccine for the same reason.

Who is behind the Great Reset and what it really entails are major questions that need their own article, but suffice it to say here that to escape the trap of the globalist agenda, we need a mass awakening to what is really going on and collective resistance to it while there is still time. There are hopeful signs that this is happening, including massive protests against economic shutdowns and restrictions, particularly in Europe; a rash of lawsuits challenging the constitutionality of the lockdowns and of police power overreach; and a flood of alternative media exposés despite widespread censorship.

Life as we know it will change. We need to ensure that it changes in ways that serve the people and the productive economy, while preserving our national sovereignty and hard-won personal freedoms.

_______________

Ellen Brown is an attorney, chair of the Public Banking Institute and author of thirteen books, including her latest, Banking on the People: Democratizing Money in the Digital Age. She also co-hosts a radio program on PRN.FM called “It’s Our Money.” Her 300+ blog articles are posted at EllenBrown.com.

If you are reading this, you might be a conspiracy theorist

Posted on August 25, 2020 by Reid Mukai

By John Steppling

Source: Off-Guardian

…a permanent modern scenario: apocalypse looms…and it doesn’t occur.”
Susan Sontag, AIDs and its Metaphors

“I should not misuse this opportunity to give you a lecture about, say, logic. I call this a misuse, for to explain a scientific matter to you it would need a course of lectures and not an hour’s paper. Another alternative would have been to give you what’s called a popular scientific lecture, that is a lecture intended to make you believe that you understand a thing which actually you don’t understand, and to gratify what I believe to be one of the lowest desires of modern people, namely the superficial curiosity about the latest discoveries of science. I rejected these alternatives.”
Ludwig Wittgenstein, A Lecture on Ethics

If you’re reading this, then you’ve probably been called a conspiracy theorist. Also you’ve been derided and shamed for questioning the “science” of the Covid debacle.

The idea of science is now a badly corrupted idea. In a nation, today, (the USA) which in educational terms ranks 25th globally in science skills and reading, and well below that in math; all one hears is a clarion call to science. In reading skills the US placed below Malta, Portugal, and right about the same as Kazakhstan.

But in a nation that no longer reads, and *can* no longer read, it is not surprising that knowledge is absorbed via the new hieroglyphics of gifs (interestingly the creator of gifs wanted it pronounced with a soft g the more to sound like a peanut butter brand) and memes.

So-called ‘response memes’ are the new version of conversation, and most register and communicate (sic) confusion. As beer ad marketers know, the state of your brain after consuming a six pack is pretty much the standard target ideal for advertising. And it relays a message that six pack confusion is actually a good and perhaps even sexy state in which to find oneself.

Education is for those with money, those who can afford the proper foundational skills to get into Harvard, MIT, Cal Tech and the Stanford. For everyone else science is Star Trek.

But I digress. The point is that most Americans imagine that they revere science, and they ridicule anyone they think of as unscientific. But they think of it in cult terms, really. Its a religion of sorts. The only people who don’t are those ‘real’ religious zealots, Dominionist and Charismatic Christians (like Mike Pompeo, Mike Pence, Rick Perry, Betsy DeVos et al) who hold positions of enormous power in the US government under the least scientific president in history.

The Christian right doesn’t like any science, ANY science. But for most of that target demographic (the educated mostly white 30%), the cry is to “trust the science”…even the great Greta says to “trust the science”.

The problem is, science is not neutral, its as politicized as media and news and the pronouncements of celebrities.

In May 2020, The Lancet published an article revisiting the 1957 and 1968 Influenza pandemics.

The 1957 outbreak was not caused by a coronavirus—the first human coronavirus would not be discovered until 1965—but by an influenza virus. However, in 1957, no one could be sure that the virus that had been isolated in Hong Kong was a new pandemic strain or simply a descendant of the previous 1918–19 pandemic influenza virus.

The result was that as the UK’s weekly death count mounted, peaking at about 600 in the week ending Oct 17, 1957, there were few hysterical tabloid newspaper headlines and no calls for social distancing. Instead, the news cycle was dominated by the Soviet Union’s launch of Sputnik and the aftermath of the fire at the Windscale nuclear reactor in the UK.

By the time this influenza pandemic — known colloquially at the time as “Asian flu” — had concluded the following April, an estimated 20 000 people in the UK and 80 000 citizens in the USA were dead. Worldwide, the pandemic, sparked by a new H2N2 influenza subtype, would result in more than 1 million deaths.

To date, Covid 19 has not reached the million death marker in the US And yet we are seeing the most draconian lockdowns in modern history, the total suspension of democratic process and a level of hysteria (especially in the U.S. and UK) unprecedented. I wrote about some aspects of this on my blog here, mostly touching on the cultural effects

Allow me to quote The Lancet again.

The subsequent 1968 influenza pandemic — or “Hong Kong flu” or “Mao flu” as some western tabloids dubbed it — would have an even more dramatic impact, killing more than 30 000 individuals in the UK and 100 000 people in the USA, with half the deaths among individuals younger than 65 years — the reverse of COVID-19 deaths in the current pandemic.

Yet, while at the height of the outbreak in December, 1968, The New York Times described the pandemic as “one of the worst in the nation’s history”, there were few school closures and businesses, for the most, continued to operate as normal.

I remember the 68 Hong Kong flu. I was in my last year of high school. The summer after was Woodstock, the ‘summer of love’. Not a lot of social distancing going on. But we are past numbers and statistics having any real meaning. The Covid narrative is now in the realm of allegory.

The media perspective is utterly predictable. Liberal outlets that have the inside track to government are seen to be reinforcing the mainstream story (VOX, Slate, Huff Post, The Guardian and Washington Post). In a recent VOX article the message was only a sociopath would NOT wear a mask and that the ‘science’ was unanimous.

Of course its no such thing. But the message of sites like VOX, or Daily Beast, or Wa Po or the truly reprehensible Guardian, are always going to be to hammer away ‘on message’. The same is true for what passes for moderate news organs like the NY Times, ABC News, The Hill, and BBC. There has been virtually no dissenting opinions expressed in these rags.

All these news outlets are given clear messages by the spin doctors in government, by the White House, and by contacts within the State Department and Pentagon. And by the advertising firms employed by the state (such as Ruder Finn).

“Ad agencies are not in the business of doing science.”
Dr. Arnold S. Relman (Madison Ave. Has Growing Role In the Business of Drug Research, NY Times 2002)

The WHO, the CDC, and most every other NGO or government agency of any size hires advertising firms. The WHO, which is tied to the United Nations, is a reasonably sinister organization, actually.

Just picking up a random publication from the WHO, on what they call ‘the tobacco epidemic’ and you find on page 33 the following chapter heading “Objective: Effective surveillance, monitoring and evaluation systems in place to monitor tobacco use.”

Reading further and all this is really saying is that the populace of any country is best put under surveillance. It’s for their own good, you see.

But back to the science. Here is a small trip down memory lane…

Institutions of medicine, global and national possess no more integrity than your average NGO (Amnesty International, Médecins Sans Frontières, Oxfam et al). And that means not very much.

To understand the nature of institutional corruption one must understand Imperialism. The institutions of Imperialist nations are going to further Imperialist ideology. (see Antonio Gramsci, ideological hegemony). The US is not in the business of helping Americans.

Modern monopoly forms better reflect that scientific knowledge, and its advanced application to production, are concentrated, ultimately, not in physical objects but in human beings and human interaction with those objects. It is monopoly of the labour power of the most highly educated workers, by both imperialist states and Multi National Corporations, that forms the ultimate and most stable base of imperialist reproduction.

– Sam King (Lenin’s theory of imperialism: a defence of its relevance in the 21st century, MLR)

The idea of super-exploitation needs to be conceptually generalised at the necessary level of abstraction and incorporated in the theory of imperialism. Super-exploitation is a specific condition within the capitalist mode of production […] the hidden common essence defining imperialism.

he working class of the oppressed nations/Third World/Global South is systematically paid below the value of labour power of the working class of the oppressor nations/First World/Global North. This is not because the Southern working class produces less value, but because it is more oppressed and more exploited.

– Andy Higginbottom (Structure and Essence in Capital 1, quoted by John Smith Imperialism in the Twenty-First Century)

The US jobless rate just hit 2.1 million. Officially. Making the total something over forty million. Its much higher in reality. Nobody has work. There is no work and we are at the start of a period of massive evictions, foreclosures, and delinquencies — and the homeless population will soon reach Biblical proportions (in some cities, such as Los Angeles, its already Biblical). Will be simply of a magnitude never before seen.

Hence the authoritarian policing of lockdowns in, for example, New Zealand, suggests something like a practice run. The ruling class in western nations knows full well this is coming. And one wonders if it’s not, in fact, a part of the plan (oh here is where someone says conspiracy theory…probably Louis Proyect).

Yes it’s a fucking conspiracy theory. It is a theory based on evidence, however.

Why are the US and UK and a host of other countries deliberately ensuring a massive depression? Because they care about your health? They are worried we all might catch the flu? Has the US ever demonstrated a concern with your health and well being before?

Remember how many discretionary tax dollars go to health care and how much to defense. Conspiracies do occur. The denial of that fact seems to be a hallmark of the pseudo or false left. Does the suspension of democratic process not cause this soft left any problems at all? Look at Sweden, at Belarus…no lockdown and no problem.

It should be noted that there are a great many terrific doctors in the US. Dedicated and brilliant, often. But they are not the system. The system is run for profit.

With about three-fourths of Americans under lockdown, the unintended consequences will be vast. There has been a notable decrease in the number of heart attack and stroke patients arriving at hospitals, presumably because they are afraid of catching the coronavirus or of not finding a hospital bed.

As the economy spirals downward, we can also expect an increase in mental health crises, domestic violence and suicides. While lockdown supporters say that to have a functioning economy, we must have good public health, the reverse is also true: To have good public health, we must have a functioning economy.

– Alex Berezow PhD (Geopolitical Futures, 2020)

Alfred Willener wrote an interesting book in 1970, analysing May 68 in France. He analyses the answers students gave to various questionnaires they responded to. The section regarding science is worth quoting.

‘The scandalous fact is that, for all the means that science has put at our disposal, most people live not much better than in the Middle Ages’. The system benefits from science in the following way: through the atom bomb, through ‘the power of statistical research’, through computers, through the chemical industry being ‘in the hands of the state’, through space research.

‘In the end, you realize’, concludes one reasonably logical reply, ‘that technological progress, which makes economic growth possible, does not satisfy the fundamental needs of man and is used above all to maintain and strengthen the system’.

Lastly, I should like to quote one quite unexpected reply, which forms the extreme point of pessimism: ‘ Everyone is oppressed by science.’

– Alfred Willener (The Action-Image of Society on Cultural Politicization)

I doubt seriously one would get such responses today in any European or North American country. The contemporary indoctrination regards science is acute. And the media abounds in junk science. Click bait science. And this is where most people have their opinions formed for them.

There is a paper put out by one of the founders of the World Economic Forum, Klaus Schwab, called The Great Reset. The conclusion of the book reads…

…at a global level, if viewed in terms of the global population affected, the corona crisis is (so far) one of the least deadly pandemics the world has experienced over the last 2000 years.”

In other words, a mortality of .06% is simply not commensurate with the extreme measures the governments of the world (the West in particular) are taking.

There is no question, none, that those measures, the lockdown, the masks, the distancing, and the attending *diseases of despair*, will kill more people by a factor of ten than the virus itself.

This is not even to begin discussing the psychological harm done, in particular to children. And not just harm to children, but severe harm to the most vulnerable.

What is being internalized by children is three fold. One, there is something inherently sick and contagious about ME. Two, everyone MIGHT be a threat to my health. And three, obey authority, because you don’t want to end up like those smelly homeless people were are trying to hard to avoid.

Children take things personally. They tend to blame themselves. Even in the comparative sanity of Norway, where I reside, children are increasingly anxious about the world. How could they not be? All this for a health risk of .06%.

But it is more than just the decimation of the economy in the US and UK. It is a dismantling of the culture. One in three museums closed because of Covid will not re-open. Ever. Where does all that art go?

Just a guess but probably very wealthy collectors will gobble it up at wholesale prices.

The predictable outcome of these lockdowns, certainly in the US, is a guaranteed minimum income. Very minimum. Restrictions on travel, all freedom of movement in fact, will not soon return to normal. Various forms of surveillance and tracking, as well as health certifications, are the goal of the state.

Also, if this pandemic succeeded so well, with so little resistance, why not have another? And there is another aspect to the SWAT mask police, and that is that western society is becoming alarmingly hypochondriacal. Children are kept out of school for runny noses. If all kids with snotty noses were kept out of class, nobody would get an education.

There is a dire future of two or three generations now developing and maturing with very weak immune systems. So that if a natural mutation takes place one day, from a Corona virus or any other, a genuinely serious pandemic could kill tens of millions.

It is not a speculation that there are people who prosper and even benefit during an economic crisis—as smaller business owners struggle, large corporations and banks benefit from huge government subsidies, giving them more power to buy failing small businesses, for example. And it is a fact that many of those people have enormous economic power to shape the policies that can benefit themselves.

It is not a speculation that they would appreciate having strict measures of control against the people by limiting their freedom of speech, freedom of assembly, and freedom to travel, or by installing means of surveillance, check points and official certifications for activities that might give freedom to the people beyond the capitalist framework.

It is not a speculation that they would benefit from moving our social interactions to the digital realm, which can commodify our activities as marketable data for the advertising industry, insurance industry and any other moneyed social institutions Including education, political institution, legal institution, and financial institution.

Such matters should be seen within the context of the western history being shaped by unelected capitalists with their enormous networks of social institutions.

– Hiroyuki Hamada (Wrong Kind of Green, April 2020)

The collapse of retail is accelerating. This is emerging as a monopolization of retail. Few shops will remain, in fact, except luxury stores in select gated areas. The rest will be online and probably rudimentary. The culture and the economy are being strip-mined and recreated for a select clientele. The collapse of the economy means the collapse of the bottom 90% or so.

The very richest men and corporations on the planet are making huge profits.

And yet, there are precious few voices of dissent to the master narrative in the US. In Norway, the lockdown was about five weeks. But its a sparsely populated country and one hardly noticed it save for the kids being home and not in school. But schools reopened and the Prime Minister actually made a speech apologizing, in effect, for an *unnecessary* lockdown. She had been frightened.

But now, with a mild uptick in positive cases the country is considering stricter limitations on travel. Why?

There is no uptick in deaths, only in positive test results. The fact remains the virus attacks the aged and the already sick. But this is very telling, I think. The Norwegian government doesn’t want to be seen as disobedient. They don’t want to not follow the grand plan provided by western agencies and experts. Even if they seemingly don’t really believe it.

(The saddest aspect is the voice of Dr. Mads Gilbert, a known advocate for Palestinian rights, who has weighed in on the side of fear. Why? I have no idea. But it is worth noting his predictions from March 2020 were staggeringly wrong.)

But clearly the groupthink pressure is powerful and small nations do not want to be singled out for bucking the *science*. There are economic coercions threatened, tacitly, as well. The pressure to conform is huge and it takes a Herculean effort — both individually and as a nation, to resist. And *experts* seem to have a hard time admitting they were wrong.

The science has been consistently wrong from day one.

As I say, this is now allegory. Or fable. There is nothing reasonable or rational in the lockdown measures of the US and UK and NZ. Or anywhere. And this is not even to touch upon the criminality of the Gates Foundation and Bill Gates buying public influence and visibility. Not trained in any medical discipline, Gates has somehow made himself one of the faces of the pandemic.

And to deconstruct Gates’ language is to find a disturbing quality of authoritarian hubris. Gates utters declarations as if he were God speaking to his flock. All from a man who has done little save steal from his partners and exploit the poor of India and Africa. One of the most striking aspects of this whole last few months has been the enormous and coordinated effort the Gates machine has put into rehabilitating his image.

If you google “Crimes of the Gates Foundation” for example, you will get ten different fact-checkers officially denying any crimes and another half dozen articles ridiculing those who question Gates motives, his profit from vaccines, or even his alignment with eugenicists (depopulation adherents)– all are derided as, yes, conspiracy theorists.

If you dare to question the rushing of an untested vaccine you are called an anti-vaxxer.

My children are vaccinated. I just don’t like the idea of a hurried untested vaccine produced for a virus that needs no vaccine. And one promoted by a creepy millionaire.

But clearly the Gates charm offensive is in overdrive. The pastel cardigan is everywhere. And yet, his favorable rating in recent surveys is around 56%. That is actually not very high given the amount of self-promotion involved. It’s better than Mark Zuckerberg and Joe Biden, though. Gates is not likeable. No amount of spin can change that.

The final factor to note is the Trump effect. Many liberals would literally rather see dead in the street if it meant discrediting Trump. It is no longer quite a zero sum game, though. But overall the hatred of Trump is now at a religious level, too.

And behold, the opposition is Joe Biden and Kamala Harris. If you want a window in the black heart of Biden, watch and/or listen to his testimony around the Waco inferno. The inherent sadism and lack of humanity is glaringly apparent.

As for Kamala Harris:

As a San Francisco social worker, I sat on the school district committee that met with families of chronically truant students. Once, when we asked a student why he didn’t go to school, he said there was too much police tape and shootings at his school bus stop.

Harris, as CA Attorney General, was putting parents/caregivers in jail if their child was chronically truant. Also as Attorney General, she denied a DNA test to Kevin Cooper, a very likely innocent man who came within hours of execution in 2004.

– Riva Enteen (Counterpunch Aug. 2020)

These are the servants of capital.

The left should be emphasising the economic aspect of lockdown because it is the working class who are the principal victims of lockdown.”
Phil Shannon (Lockdown Skeptics, June 2020)

A Downing street tweet today:

We’re putting tougher measures in place to target serious breaches of coronavirus restrictions. Fines for not wearing a face-covering will double for repeat offences, up to £3,200.”

This is a class-based assault. The wealthy will not be fined for not wearing a face-covering on their private beaches, or dinner parties at the yacht club.

If the “Market” Never Goes Down, The System Is Doomed

Posted on August 19, 2020 by Reid Mukai

By Charles Hugh Smith

Source: Of Two Minds

The reliance on “good news” narratives dooms our financial system and economy to a death spiral once reality breaks through the induced euphoria.

“Markets” that never go down aren’t markets, they’re signaling mechanisms of the Powers That Be. Markets are fundamentally clearing houses of information on price, demand, sentiment, expectations and so on–factual data on supply and demand, shipping costs, cost of credit, etc.–and reflections of trader and consumer emotions and psychology.

If markets are never allowed to go down, the information clearing house has been effectively shut down. Whatever information leaks out has been edited to fit the prevailing narrative, which in this moment is “central banks will never let markets go down ever again, so jump in and ride the guaranteed Bull to easy gains.”

The past 12 years offer ample evidence for this narrative: every dip draws a near-instantaneous monetary-policy response that reverse the dip and gooses markets higher.

That permanent monetary intervention distorts markets doesn’t matter to participants. Who cares if markets have become “markets,” simulacra of real markets that are now nothing but signaling mechanisms that all is well so buy, buy, buy? If gains are essentially guaranteed, who cares that markets are not longer information clearing houses?

Indeed. There’s no reason to care until the fatal spiral downward surprises us all. Here’s an analogy of what happens when real information gets edited to fit a convenient narrative.

Unfortunately, the patient has cancer which is starting to metastasize, i.e. spread to other organs in the body. But unbeknownst to the patient, this accurate information is considered “bad news,” so the test results and other information is carefully edited to show the cancer is actually shrinking–the exact opposite of what the actual facts reflect.

The patient is naturally delighted with this false data because it appears he’s on the mend and doesn’t need any surgery or other drastic treatments.

If participants don’t have information that reflects actual conditions, they cannot help but make disastrous decisions. Falsified or heavily edited information is misleading, and so all decisions made on the assumption this information is accurate will be fatally skewed.

Symptoms of the fatal spread of the disease are masked by stimulants that not only mask the spread but give the patient a sense of euphoric power and supreme confidence.

Imagine the patient’s terrible dismay when symptoms break through the euphoria and he learns his cancer is now terminal. Increasing the tragedy is his awareness that had the authorities in charge of his care given him the real-world data instead of the carefully edited “happy story” version, treatments could have been undertaken that might have extended his life. Now those options have been lost forever.

That’s the situation in our economy and financial system. The information cleared in markets has been suppressed, distorted and edited for 12 long years of permanent and ever-increasing monetary interventions, as the “doses” of intervention required to maintain the cocaine-like euphoria and supreme confidence in central bank manipulation of “markets” so they always signal the “good news” of guaranteed gains ratchets higher on every intrusion of reality.

The reliance on “good news” narratives dooms our financial system and economy to a death spiral once reality breaks through the induced euphoria. Our last chances to clear the financial cancers eating away at our economy are slipping away forever, masked by the “market’s” cocaine-like euphoria and supreme confidence in central-bank guaranteed gains.

If the stock market is never allowed to go down, this is the equivalent of telling the cancer-riddled patient that their cancer has disappeared, even as the disease is leading inexorably to the patient’s needless demise.

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