Category Archives: Inequality

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

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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.

America’s Death March

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By Chris Hedges

Source: Mint Press News

The terminal decline of the United States will not be solved by elections. The political rot and depravity will continue to eat away at the soul of the nation, spawning what anthropologists call crisis cults — movements led by demagogues that prey on an unbearable psychological and financial distress. These crisis cults, already well established among followers of the Christian Right and Donald Trump, peddle magical thinking and an infantilism that promises — in exchange for all autonomy — prosperity, a return to a mythical past, order and security. The dark yearnings among the white working class for vengeance and moral renewal through violence, the unchecked greed and corruption of the corporate oligarchs and billionaires who manage our failed democracy, which has already instituted wholesale government surveillance and revoked most civil liberties, are part of the twisted pathologies that infect all civilizations sputtering towards oblivion. I witnessed the deaths of other nations during the collapse of the communist regimes in Eastern Europe and later in the former Yugoslavia. I have smelled this stench before.

The removal of Trump from office will only exacerbate the lust for racist violence he incites and the intoxicating elixir of white nationalism. The ruling elites, who first built a mafia economy and then built a mafia state, will continue under Biden, as they did under Trump, Barack Obama, George W. Bush, Bill Clinton and Ronald Reagan, to wantonly pillage and loot. The militarized police will not stop their lethal rampages in poor neighborhoods. The endless wars will not end. The bloated military budget will not be reduced. The world’s largest prison population will remain a stain upon the country. The manufacturing jobs shipped overseas will not return and the social inequality will grow. The for-profit health care system will gouge the public and price millions more out of the health care system. The language of hate and bigotry will be normalized as the primary form of communication. Internal enemies, including Muslims, immigrants and dissidents, will be defamed and attacked. The hypermasculinity that compensates for feelings of impotence will intensify. It will direct its venom towards women and all who fail to conform to rigid male stereotypes, especially artists, LGBTQ people and intellectuals. Lies, conspiracy theories, trivia and fake news — what Hannah Arendt called “nihilistic relativism” — will still dominate the airwaves and social media, mocking verifiable fact and truth. The ecocide, which presages the extinction of the human species and most other life forms, will barrel unabated towards its apocalyptic conclusion.

“We run heedlessly into the abyss after putting something in front of us to stop us seeing it,” Pascal wrote.

The worse it gets — and it will get worse as the pandemic hits us in wave after deadly wave with an estimated 300,000 Americans dead by December and possibly 400,000 by January — the more desperate the nation will become. Tens of millions of people will be thrown into destitution, evicted from their homes and abandoned. Social collapse, as Peter Drucker observed in Weimar Germany in the 1930s, brings with it a loss of faith in ruling institutions and ruling ideologies. With no apparent answers or solutions to mounting chaos and catastrophe — and Biden and the Democratic Party have already precluded the kind of New Deal programs and assault on oligarchic power that saved us during the Great Depression — demagogues and charlatans need only denounce all institutions, all politicians, and all political and social conventions while conjuring up hosts of phantom enemies. Drucker saw that Nazism succeeded not because people believed in its fantastic promises, but in spite of them. Nazi absurdities, he pointed out, had been “witnessed by a hostile press, a hostile radio, a hostile cinema, a hostile church, and a hostile government which untiringly pointed out the Nazi lies, the Nazi inconsistency, the unattainability of their promises, and the dangers and folly of their course.” Nobody, he noted, “would have been a Nazi if rational belief in the Nazi promises had been a prerequisite.” The poet, playwright and socialist revolutionary Ernst Toller, who was forced into exile and stripped of his citizenship when the Nazis took power in 1933, wrote much the same in his autobiography: “The people are tired of reason, tired of thought and reflection. They ask, what has reason done in the last few years, what good have insights and knowledge done us.” After Toller committed suicide in 1939, W.H. Auden in his poem “In Memory of Ernst Toller” wrote:

We are lived by powers we pretend to understand:
They arrange our loves; it is they who direct at the end
The enemy bullet, the sickness, or even our hand.

The poor, the vulnerable, those who are not white or not Christian, those who are undocumented or who do not mindlessly repeat the cant of a perverted Christian nationalism, will be offered up in a crisis to the god of death, a familiar form of human sacrifice that plagues sick societies. Once these enemies are purged from the nation, we are promised, America will recover its lost glory, except that once one enemy is obliterated another takes its place. Crisis cults require a steady escalation of conflict. This is what made the war in the former Yugoslavia inevitable. Once one stage of conflict reaches a crescendo it loses its efficacy. It must be replaced by ever more brutal and deadly confrontations. The intoxication and addiction to greater and greater levels of violence to purge the society of evil led to genocide in Germany and the former Yugoslavia. We are not immune. It is what Ernst Jünger called a “feast of death.”

These crisis cults are, as Drucker understood, irrational and schizophrenic. They have no coherent ideology. They turn morality upside down. They appeal exclusively to emotions. Burlesque and celebrity culture become politics. Depravity becomes morality. Atrocities and murder become heroism. Crime and fraud become justice. Greed and nepotism become civic virtues. What these cults stand for today, they condemn tomorrow. At the height of the reign of terror on May 6, 1794 during the French Revolution, Maximilien Robespierre announced that the Committee for Public Safety now recognized the existence of God. The French revolutionaries, fanatical atheists who had desecrated churches and confiscated church property, murdered hundreds of priests and forced another 30,000 into exile, instantly reversed themselves to send to the guillotine those who disparaged religion. In the end, exhausted by the moral confusion and internal contradictions, these crisis cults yearn for self-annihilation.

The French sociologist Emile Durkheim in his classic book “On Suicide” found that when social bonds are shattered, when a population no longer feels it has a place or meaning in a society, personal and collective acts of self-destruction proliferate. Societies are held together by a web of social bonds that give individuals a sense of being part of a collective and engaged in a project larger than the self. This collective expresses itself through rituals, such as elections and democratic participation or an appeal to patriotism, and shared national beliefs. The bonds provide meaning, a sense of purpose, status and dignity. They offer psychological protection from impending mortality and the meaninglessness that comes with being isolated and alone. The breaking of these bonds plunges individuals into deep psychological distress. Durkheim called this state of hopelessness and despair anomie, which he defined as “ruleless-ness.”

Ruleless-ness means the norms that govern a society and create a sense of organic solidarity no longer function. The belief, for example, that if we work hard, obey the law and get a good education we can achieve stable employment, social status and mobility along with financial security becomes a lie. The old rules, imperfect and often untrue for poor people of color, nevertheless were not a complete fiction in the United States. They offered some Americans — especially those from the white working and middle class — modest social and economic advancement. The disintegration of these bonds has unleashed a widespread malaise Durkheim would have recognized. The self-destructive pathologies that plague the United States — opioid addiction, gambling, suicide, sexual sadism, hate groups and mass shootings — are products of this anomie. So is our political dysfunction. My book, “America: The Farewell Tour,” is an examination of these pathologies and the widespread anomie that defines American society.

The economic structures, even before the pandemic, were reconfigured to mock faith in a meritocracy and the belief that hard work leads to a productive and valued role in society. American productivity, as The New York Times pointed out, has increased 77 percent since 1973 but hourly pay has grown only 12 percent. If the federal minimum wage was attached to productivity, the newspaper wrote, it would be more than $20 an hour now, not $7.25. Some 41.7 million workers, a third of the workforce, earn less than $12 an hour, and most of them do not have access to employer-sponsored health insurance. A decade after the 2008 financial meltdown, the Times wrote, the average middle class family’s net worth is more than $40,000 below what it was in 2007. The net worth of black families is down 40 percent, and for Latino families the figure has dropped 46 percent. Some four million evictions are filed each year. One in four tenant households spends about half its pretax income on rent. Each night some 200,000 people sleep in their cars, on streets or under bridges. And these stark figures represent the good times Biden and the Democratic Party leaders promise to restore. Now, with real unemployment probably close to 20 percent — the official figure of 10 percent excludes those furloughed or those who have stopped looking for work — some 40 million people are at risk of being evicted by the end of the year. An estimated 27 million people are expected to lose their health insurance. Banks are stockpiling reserves of cash to cope with the expected wave of bankruptcies and defaults on mortgages, student loans, car loans, personal loans and credit card debt. The ruleless-ness and anomie that defines the lives of tens of millions of Americans was orchestrated by the two ruling parties in the service of a corporate oligarchy. If we do not address this anomie, if we do not restore the social bonds shattered by predatory corporate capitalism, the decay will accelerate.
This dark human pathology is as old as civilization itself, repeated in varying forms in the twilight of ancient Greece and Rome, the finale of the Ottoman and Austro-Hungarian empires, revolutionary France, the Weimar Republic and the former Yugoslavia.

The social inequality that characterizes all states and civilizations seized by a tiny and corrupt cabal — in our case corporate — leads to an inchoate desire by huge segments of the population to destroy. The ethnic nationalists Slobodan Milošević, Franjo Tudjman, Radovan Karadžić and Alija Izetbegović in the former Yugoslavia assumed power in a similar period of economic chaos and political stagnation. Yugoslavs by 1991 were suffering from widespread unemployment and had seen their real incomes reduced by half from what they had been a generation before. These nationalist demagogues sanctified their followers as righteous victims stalked by an array of elusive enemies. They spoke in the language of vengeance and violence, leading, as it always does, to actual violence. They trafficked in historical myth, deifying the past exploits of their race or ethnicity in a perverse kind of ancestor worship, a mechanism to give to those who suffered from anomie, who had lost their identity, dignity and self-worth, a new, glorious identity as part of a master race. When I walked through Montgomery, Alabama, a city where half of the population is African-American, with the civil rights attorney Bryan Stevenson a few years ago, he pointed out the numerous Confederate memorials, noting that most had been put up in the last decade. “This,” I told him, “is exactly what happened in Yugoslavia.”

A hyper-nationalism always infects a dying civilization. It feeds the collective self-worship. This hyper-nationalism celebrates the supposedly unique virtues of the race or the national group. It strips all who are outside the closed circle of worth and humanity. The world instantly becomes understandable, a black and white tableau of them and us. These tragic moments in history see people fall into collective insanity. They suspend thought, especially self-critical thought. None of this is going away in November, in fact it will get worse.

Joe Biden, a shallow, political hack devoid of fixed beliefs or intellectual depth, is an expression of the nostalgia of a ruling class that yearns to return to the pantomime of democracy. They want to restore the decorum and civic religion that makes the presidency a form of monarchy and sacralizes the organs of state power. Donald Trump’s vulgarity and ineptitude is an embarrassment to the architects of empire. He has ripped back the veil that covered our failed democracy. But no matter how hard the elites try this veil cannot be restored. The mask is off. The façade is gone. Biden cannot bring it back.

Political, economic and social dysfunction define the American empire. Our staggering inability to contain the pandemic, which now infects over 5 million Americans, and the failure to cope with the economic fallout the pandemic has caused, has exposed the American capitalist model as bankrupt. It has freed the world, dominated by the United States for seven decades, to look at other social and political systems that serve the common good rather than corporate greed. The diminished stature of the United States, even among our European allies, brings with it the hope for new forms of government and new forms of power.

It is up to us to abolish the American kleptocracy. It is up to us to mount sustained acts of mass civil disobedience to bring down the empire. It poisons the world as it poisons us. If we mobilize to build an open society, we hold out the possibility of beating back these crisis cults as well as slowing and disrupting the march towards ecocide. This requires us to acknowledge, like those protesting in the streets of Beirut, that our kleptocracy, like Lebanon’s, is incapable of being salvaged. The American system of inverted totalitarianism, as the political philosopher Sheldon Wolin called it, must be eradicated if we are to wrest back our democracy and save ourselves from mass extinction. We need to echo the chants by the crowds in Lebanon calling for the wholesale removal of its ruling class — kulyan-yani-kulyan — everyone means everyone.

Stories Of Economic Despair From America’s Worst Economic Downturn Since The Great Depression Of The 1930s

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By Michael Snyder

Source: End of the American Dream

The economic pain that we are witnessing right now is far greater than anything that we witnessed during the last recession.  U.S. GDP declined by 32.9 percent on an annualized basis last quarter, more than 100,000 businesses have permanently shut down since the COVID-19 pandemic first hit the United States, and more than 54 million Americans have filed new claims for unemployment benefits over the last 19 weeks.  Up until just recently, a $600 weekly unemployment “supplement” and a federal moratorium that prevented many evictions had helped to ease the suffering for millions of American families, but both of those measures have now expired.  As a result, a tremendous amount of economic pain which had previously been deferred will now come rushing back with a vengeance.  Millions of American families are no longer going to be able to pay their bills, and experts are warning that we could soon see an “eviction crisis” that is absolutely unprecedented in American history.

48-year-old Thomas Darnell of West Point, Mississippi never thought that he would be in this position.  He had been a factory worker for over 20 years until he lost his job in May, and since then he hasn’t been able to find another.  And then on top of everything else, everyone in his house caught COVID-19…

First, he was furloughed for three weeks in April and then laid off in May. Then things got worse: His entire household of seven, including himself, his wife, three kids and daughter-in-law, along with his baby grandson, contracted coronavirus after they saw their immediate family over the Independence Day weekend.

“I’m tired and shaky. Even after a few weeks, I’m still trying to recover,” Darnell says, who has since been cleared of the virus but still has lingering symptoms.

He is concerned that employers will be scared away by his recent illness, and he is becoming desperate because he is running out of money.

With no health insurance and no paychecks coming in, Darnell and his wife have gotten to the point where they have to make a choice between buying insulin or buying groceries…

He can’t afford health insurance, which has added to his anxiety because he and his wife are both diabetic, he says. Like Bolei, Darnell and his wife have been forced to make a grueling decision between either paying for their medications or keeping food on the table.

“Do we buy insulin or groceries? It’s a hard juggle,” Darnell says. “I’m willing to make less money and start working again to get health insurance, but no one is hiring.”

The weekly $600 unemployment supplements from the federal government had helped to keep them going for a while, but now those payments have ended, and the immediate future is looking quite bleak.

In Richmond, Virginia, a mother of eight named Shamika Rollins wasn’t sure how she was going to make it when her hours as a home health aid were reduced.  Unpaid bills started piling up, and then she got an eviction notice a few weeks ago.  The following comes from CBS News…

Shamika Rollins’ eight children share two bedrooms in Richmond, Virginia. But she’s worried about losing their home after she says she received an eviction notice in June.

“First thing, I panic, and then next thing, I look, and I’m like, I got my kids. And it’s like, okay, now you gotta figure this out,” she told CBS News correspondent Adriana Diaz.

If a miracle does not happen, Rollins and her eight children will soon be out in the street, and this is causing her to have “a lot of sleepless nights”…

“I have a lot of sleepless nights,” Rollins said. “My mind is constantly racing, you know, what’s your next move?”

Sadly, there are millions of other Americans in the exact same position.

In fact, experts are projecting that up to 40 million Americans could be evicted from their homes during this pandemic.

Many small business owners are also facing heartbreaking choices during this downturn.  A restaurant owner in Delaware named Alex Heidenberger “hasn’t paid the mortgage on his home the past four months” as he desperately tries to keep his once profitable restaurants alive…

Heidenberger, who typically draws about $20,000 a month in profit from the restaurant, now receives nothing. He says he hasn’t paid the mortgage on his home the past four months. He served lifeguard duty for a couple of weeks, mostly to help a beach crew depleted by COVID-19 quarantines but also to make some cash.

“I’m working harder than I have ever worked in my life,” he says, adding that he puts in about 80 hours a week at the two restaurants. Yet, “I have no money… This is all I think about. I don’t sleep.”

The COVID-19 pandemic has hit the restaurant industry particularly hard.  Americans are not eating out as regularly as they once did because of the virus, and it is probably going to remain that way for the foreseeable future.

In Massachusetts, a restaurant owner named John Pepper once had eight thriving locations, but at this point only two of them remain open…

John Pepper used a PPP loan to pay employees and reopen four of his eight Boloco restaurants when Massachusetts lifted its shutdown order in early May. But with the money spent and business at the restaurants down as much as 70%, Pepper had to again close two locations. The staff of 125 he had before the virus outbreak is down to 50.

“A lot of this is out of our hands at this point,” Pepper says. “At this moment, I don’t see getting my full payroll back.”

Overall, we are facing a “restaurant apocalypse” in the U.S. that is unprecedented in size and scope.

According to one estimate, we could lose more than a third of all of our restaurants by the end of this calendar year…

As many as 231,000 of the nation’s roughly 660,000 eateries will likely shut down this year, according to an estimate from restaurant consultancy Aaron Allen & Associates provided to Bloomberg News. This will bring the industry’s steady growth to a halt and mark the first time in two decades that U.S. restaurant counts don’t climb. Restaurants have already shed millions of jobs this year, economic data show.

What we are watching is truly horrifying.  So many hopes and dreams went into each one of those restaurants that are shutting down, and countless restaurant owners are going to be completely financially ruined by all of this.

For other Americans, this economic downturn has put their very lives at risk.  In Colorado, 70-year-old Catherine Azar was already dealing with heart problems and diabetes, and now she is in danger of being thrown out into the street…

“It’s hard for me to conceive of someone being willing to put another person out in the street in the middle of a deadly pandemic, and I’m high risk. I’m 70. I have heart issues and I’m diabetic,” Azar said.

Rollins and Azar are just two of the 43 million Americans at risk of eviction in the coming months. For context, about 1 million Americans were evicted in 2010, the year after the Great Recession.

How long do you think that a 70-year-old woman with heart problems and diabetes would last on the street or in a shelter?

And as millions upon millions of Americans get evicted during the months ahead, the shelters are all going to fill up really fast.

America simply was not prepared for an economic downturn of this nature, and the truth is that much bigger challenges are still ahead.

So please do not look down on anyone that needs help right now, because soon you may find yourself in the exact same position.

COVID19, The Great Reset & The New Normal

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By Derrick Broze

Source: Activist Post

Clearly, 2020 has been unlike any previous year in the last century or so. The world is currently battling against an infodemic of propaganda spewing from the corporate media and official health authorities. Yes, people are sick and dying. However, the statistics make it clear that COVID-19 simply does not warrant a total lockdown of the planet and further destruction of the economy. 

Regardless, nations around the world are using COVID-19 as an opportunity to grab more surveillance and police state powers, institute mask and vaccine mandates, accelerate the push towards a completely digital world, enact more corporate bailouts, and generally, extreme control and involvement in citizens lives. The sheer magnitude of the COVID-19 operation is unparalleled, with the most recent similar event being the attacks of September 11, 2001. As with the 9/11 attacks, the predator class is using COVID-19 as the excuse to push plans and agendas which predate the spread of the novel coronavirus.

Even so, the COVID-19 operation is unlike any other event to take place in modern history because the results of this event are affecting people in every single nation on the planet and will continue to for years to come. Also, unlike 9/11 – which took place over the course of one morning – the COVID-19 operation is taking place daily for months on end. The effects of this constant bombardment with fear and panic are taking a toll on the hearts and minds of free people all around the world. Quite simply, the people are ready for this to end and they will do almost anything to achieve this goal. It is within this space of fear and uncertainty which the predator class has now begun to insert themselves, ready to present the “solution” to our ills.

The Great Reset

As every student of power and deception knows, the easiest way to achieve victory over your opponent is to guide them to a predetermined destination which benefits your agenda. If you can do this while convincing your opponent that they are consciously making their own choices and the path is for their own good – well, you are all but guaranteed success. I believe the evidence indicates this is the strategy we are seeing unfold during the COVID-19 operation.

The predetermined path we are being led down is known as “The Great Reset” and was announced in early June by the World Economic Forum. Regular readers will remember that on October 18, 2019, the Bill and Melinda Gates Foundation partnered with the Johns Hopkins Center for Health Security and the WEF on a high-level pandemic exercise known as Event 201. Event 201 simulated how the world would respond to a coronavirus pandemic which swept around the planet. The simulation imagined 65 million people dying, mass lock downs, quarantines, censorship of alternative viewpoints under the guise of fighting “disinformation,” and even floated the idea of arresting people who question the pandemic narrative.

The launch of The Great Reset was supported by Klaus Schwab, the founder and executive chairman of the World Economic Forum; England’s Prince Charles; Antonio Guterres, Secretary-General of the UN; and Kristalina Georgieva of the International Monetary Fund. The kick-off was truly an international event with the participation of Ma Jun, the chairman of the Green Finance Committee at the China Society for Finance and Banking and a member of the Monetary Policy Committee of the People’s Bank of China. The event was also supported by Bernard Looney, CEO of BP; Ajay Banga, CEO of Mastercard; and Bradford Smith, president of Microsoft.

During the launch of The Great Reset, Prince Charles stated that humanity cannot waste time because “we need to put nature at the heart of how we operate.” UN Secretary-General Guterres called for “more equal, inclusive and sustainable economies and societies” that can face pandemics, climate change, and other global challenges.

In an opinion piece published in The Globe and Mail, Klaus Schwab provided more details on the goals of The Great Reset (emphasis added):

COVID-19 lockdowns may be gradually easing, but anxiety about the world’s social and economic prospects is only intensifying. There is good reason to worry: a sharp economic downturn has already begun, and we could be facing the worst depression since the 1930s. But, while this outcome is likely, it is not unavoidable.

To achieve a better outcome, 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. In short, we need a “Great Reset” of capitalism.

Schwab goes on to describe several crises facing humanity, including rising government debt, unemployment, and increasing social unrest. Combined with COVID-19, these crises will leave the world less sustainable, less equal and more fragile. “We must build entirely new foundations for our economic and social systems,” Schwab writes. He details the 3 main components of TGR agenda, specifically fairer market outcomes, investments in “equality and sustainability,” and harnessing the innovations of the Fourth Industrial Revolution.

When it comes to producing “fairer market outcomes,” Schwab calls for governments to improve coordination in tax, regulatory, and fiscal policy. He also calls for upgrading trade agreements and moving towards a “stakeholder economy.” When he speaks of equality and sustainability, Schwab means that current and future government stimulus and relief packages should be used to create a new system that is “more resilient, equitable and sustainable.”  He also calls for more “green” urban infrastructure and incentivizing industries to improve their environmental record.

Finally, Schwab calls for utilizing the innovations of “the Fourth Industrial Revolution” to support public good. The 4IR is another pet project of Schwab which was first announced in December 2015. To put it simply, the 4IR is the digital panopticon of the future, where digital surveillance is omnipresent and humanity uses digital technology to alter and, hopefully, improve our lives. Sometimes known as “The Internet of Things,” this world will be powered by 5G and 6G technology.

“Ubiquitous, mobile supercomputing. Intelligent robots. Self-driving cars. Neuro-technological brain enhancements. Genetic editing. The evidence of dramatic change is all around us and it’s happening at exponential speed,” Schwab wrote for the announcement of the 4IR.

Of course, for Schwab and other globalists, the 4IR also lends itself towards more central planning and top-down control. The goal is a track and trace society where all transactions are logged, every person has a digital ID that can be tracked, and social malcontents are locked out of society via social credit scores.

In fact, much of this call for a Great Reset is already playing out. For example, Mastercard and the Bill and Melinda Gates Foundation-funded GAVI recently announced a partnership with AI-powered “identity authentication” company, Trust Stamp. As MintPress News reported, “The program, which was first launched in late 2018, will see Trust Stamp’s digital identity platform integrated into the GAVI-Mastercard “Wellness Pass,” a digital vaccination record and identity system that is also linked to Mastercard’s click-to-play system that powered by its AI and machine learning technology called NuData.“

This is why astute readers are skeptical when they hear Schwab say, “the pandemic represents a rare but narrow window of opportunity to reflect, reimagine, and reset our world to create a healthier, more equitable and more prosperous future.”

Who exactly is Schwab speaking to when he speaks of a more prosperous future? How long has this Great Reset been in the works? The answers to these questions can help us understand the true goals of this agenda.

As researcher Brandon Smith reported, Christine Lagarde, former head of the IMF, discussed a global reset as far back as 2014. “The reset is often mentioned in the same breath as ideas like “the New Multilateralism” or “the Multipolar World Order” or “the New World Order.” All of these phrases mean essentially the same thing,” Smith writes.

Smith correctly notes that the Great Reset is not a response to the pandemic, but rather, “the global reset as implemented by central banks and the BIS/IMF is the cause of the collapse. The collapse is a tool, a flamethrower burning a great hole in the forest to make way for the foundations of the globalist Ziggurat to be built.”

New Normal, Same World Order

In early July, Schwab and French author Thierry Malleret released a book outlining the vision of The Great Reset. The book, Covid-19: The Great Reset, explores what the post-pandemic world might look like. “Will there be enough collective will to take advantage of this unprecedented opportunity to reimagine our world, in a bid to make it a better and more resilient one as it emerges on the other side of this crisis?,” Schwab and Malleret pondered at the release of the book. The two men believe COVID-19 triggered “momentous changes and magnified the fault lines that already beset our economies and societies.” They also predict that falling oil prices and a freeze in tourism could lead to a wave of massive anti-government demonstrations.

“One path will take us to a better world: more inclusive, more equitable and more respectful of Mother Nature. The other will take us to a world that resembles the one we just left behind – but worse and constantly dogged by nasty surprises,” the authors argue.

In the book, Schwab expands upon the initial announcement of The Great Reset. Once again he calls for the 4th Industrial Revolution and the digitalization of everything, powered by 5G technology. However, Schwab goes even further in his book, calling for rethinking the “social contract” society has with governments.

Schwab also calls for a nature based or green economy. In January 2020, the WEF released their report, Nature Risk Rising: Why the Crisis Engulfing Nature Matters for Business and the Economy, as part of their New Nature Economy series of reports. The report is “the first of a series of New Nature Economy reports, prepared through the Nature Action Agenda, a platform that aims to encourage a movement of businesses, governments, civil society, academics, innovators and youth to disrupt business-as-usual approaches.”

A second report, The Future of Nature and Business, was released in July. Once again, the WEF states that COVID-19 presents an “opportunity, to change the way we eat, live, grow, build and power our lives to achieve a carbon-neutral, ‘nature-positive’ economy and halt biodiversity loss by 2030. Business as usual is no longer an option.“

In a companion report, the WEF provides some detail on what it means to change the way we eat. “Another set of policy measures that would stimulate more resource-efficient food systems entail directing stimulus packages towards R&D to support the diversification away from diets based on resource intensive animal proteins, and towards four main categories of alternatives – aquatic, plant-based, insect-based and laboratory-cultured,” the report states. This push for alternatives to animal proteins has coincided with a rise in laboratory created fake meat, including products funded by the Bill and Melinda Gates Foundation. 

Interestingly, the companion report also calls for “corporate bailout packages for the meat sector” which “could accelerate these developments.” Coincidentally, because of COVID-19, the Trump administration awarded $15.5 billion in relief aid for the meat and dairy industry. Once again, the predictions and declarations of these global institutions appear to play out in reality as perfect as any scripted TV show.

The calls for a Great Reset greatly mimic previous programs and initiatives put forward by other globalist organizations, including the United Nations. Researcher F. William Engdahl provided much-needed clarity in a recent piece on the announcement of The Great Reset. Engdahl notes that, “the declaration by the World Economic Forum to make a Great Reset is to all indications a thinly-veiled attempt to advance the Agenda 2030 “sustainable” dystopian model, a global “Green New Deal” in the wake of the covid19 pandemic measures. Their close ties with Gates Foundation projects, with the WHO, and with the UN suggest we may soon face a far more sinister world after the covid19 pandemic fades.”

Strategic Intelligence, Strategic Partners, and Event 201

In March, the WEF launched the COVID Action Platform which is essentially a call for global government in response to COVID-19. The answer, WEF believes, is to have greater global cooperation, move away from the nation-state, and tackle the world’s problems as one international community.

Along with the launch of the Action Platform, the WEF released an impressive graphic as part of their “Strategic Intelligence” platform, which outlines the wide ranging ways their plans will effect and shape the world of the 21st century and beyond. From the media’s role in the pandemic to finding a vaccine, the graphic attempts to provide details on this centrally planned future being promoted by the WEF. I encourage all readers to spend an evening going down the rabbit hole that is the COVID Action Platform for a better understanding of where we are headed.

With the launch of The Great Reset, the WEF also launched a Strategic Intelligence graphic detailing how their plans will unfold. The Great Reset graphic details how everything from drones, blockchain, the future of energy, LGBTI inclusion, and 3D printing will play a role in the New Normal. Once again, I encourage readers to take a dive into this graphic to gain clarity on what the WEF and their partners have planned for the coming decade.

The WEF promotes itself as the “International Organization for Public-Private Cooperation.” They partner with a variety of private companies, philanthropic outlets, and governments to achieve their goals. Researcher Steven Guinness recently outlined how the WEF partners with various institutions to accomplish their stated aims and how the Strategic Intelligence platform is “co-curated with leading topic experts from academia, think tanks, and international organizations.”

“‘Co-curators‘ are perhaps the most important aspect to consider here, given that they have the ability to ‘share their expertise with the Forum’s extensive network of members, partners and constituents, as well as a growing public audience,’” Guinness writes. “It is safe to assume then that when co-curators speak, members and partners of the World Economic Forum listen. This in part is how the WEF’s agenda takes shape.”

As Guinness notes, the co-curators of the Strategic Intelligence road map of the globalist vision include Harvard university, the Massachusetts Institute of Technology, Imperial College London, Oxford University, Yale and the European Council on Foreign Relations. Several of these institutions continue to play an influential role in shaping the narrative around COVID-19.

The WEF’s highest level of partnership is known as Strategic Partners. There are only 100 international companies listed as Strategic Partners. Each partner receives an invitation if they have “alignment with forum values.” These partners “shape the future through extensive contribution to developing and implementing Forum projects and championing public-private dialogue.”

The WEF’s Strategic Partners include Johnson & Johnson, and the Bill and Melinda Gates Foundation. Bill Gates is also a long time “Agenda Contributor” for the WEF.  As mentioned above, the Bill and Melinda Gates Foundation partnered with the Johns Hopkins Center for Health Security and the WEF on the Event 201 pandemic exercise in October 2019. Johnson & Johnson were also partners in the exercise.

As TLAV has previously documented, the Bill and Melinda Gates Foundation operates in a similar fashion to the WEF: their publicly stated goals mask a global control agenda. Thus, it should come as no surprise that Klaus Schwab, founder of the WEF, is a former attendee and member of the Steering Committee for the secretive Bilderberg Group.

The WEF itself is akin to a more public Bilderberg Group which brings together around 3,000 business leaders, international political leaders, economists, celebrities, and journalists for a five day conference to discuss global issues. The WEF meets every January in Davos, Switzerland, to discuss their agenda. The elitism of the WEF has resulted in Schwab and his cohorts being nicknamed The Davos Class.

In January 2021 the theme of the WEF meeting will be “The Great Reset.” It’s important that we keep an eye on the WEF and their push for the Great Reset as we draw closer to election 2020 and a potential Dark Winter. Klaus Schwab, Bill Gates, and their ilk are determined to present themselves as the saviors of humanity. They are using the COVID-19 panic as an opportunity to push their agenda while selling it as the cure to our problems.

This predator class attempts to mask their true intentions with flowery language designed to lull the waking masses back to sleep. To be clear, our world is absolutely, without a doubt existing in an unsustainable paradigm. We do have growing income inequality, police violence, failing healthcare systems, and insufficient food production systems. These problems were apparent before COVID-19 and the fragility of these systems has indeed become more obvious in recent months. However, these psychopaths would prefer if we allowed them to stay in the driver’s seat as they careen us into a future of technocratic control and the end of individual liberty.

While Schwab and Gates would prefer that the people of the world submit to their vision, we must stand against this push for centralization of power and technology. The Great Reset is coming, and perhaps, it should come. We have many issues facing our species that need to be addressed. However, central planning, surveillance, and loss of individual liberty is not the answer. The answer is decentralization, opting out en masse, non-compliance, and non-participation in the systems which have brought us to this predicament.

We, as free people, must decide what path we intend to take. Will we stand by and allow the predators to seize control of all resources and power for the coming generations? Or, will we finally break free from their violent systems and initiate a Great Reset which benefits the people, from bottom to top?

The answer depends on you.

Question Everything, Come To Your Own Conclusions.

Why Does It Feel Like We’re in “Life During Wartime”?

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By Charles Hugh Smith

Source: Of Two Minds

The laughably hopeless hope is that by propping up the corpses, the populace will discern some faint flicker of life in the decaying carcasses and return to their free-spending ways.

Call it cultural synchronicity, but it increasingly feels like we’re living in the 1979 Talking Heads song Life During Wartime, which was anchored by the lyric “This Ain’t No Party, This Ain’t No Disco, This Ain’t No Foolin’ Around.” Indeed.

It also feels like Life During Wartime because the propaganda is so blatant and intense: we’re winning the war on Covid-19, and our wars on everything else, too, of course, as war is the favored metaphor and favored policy at the end of the Empire.

The ceaseless propaganda is that “a vaccine is right around the corner.” The inconvenient reality is that Corporate Insiders Pocket $1 Billion in Rush for Coronavirus Vaccine: Well-timed stock bets have generated big profits for senior executives and board members at companies developing vaccines and treatments.

In other words, wartime profiteering isn’t just allowed, it’s encouraged–yet another sign that we’re in the final decay/collapse phase of Imperial Pretensions.

It’s easy to mix up the propaganda and the counter-propaganda, because they’re both so extreme. There is no middle ground, only pre-packaged positions which dictate which “data” is cherry-picked to support the political partisanship that’s being defended.

Is Data Our New False Religion? (June 23, 2020)

In a world of thousands of unread papers published in hundreds of scientific journals no one even reads and a corrupt culture of “science for sale,” there’s a veritable orchard to cherry-pick.

“Robert Horton, editor in chief of The Lancet, one of the most respected professional peer reviewed publications in the world dealing with biomedical research had this to say in an editorial published by The Lancet in April of 2015:”

“The case against science is straightforward: much of the scientific literature, perhaps half, may simply be untrue. Afflicted by studies with small sample sizes, tiny effects, invalid exploratory analyses, and flagrant conflicts of interest, together with an obsession for pursuing fashionable trends of dubious importance, science has taken a turn towards darkness.”

source: What is medicine’s 5 sigma?

“And this, published in 2009, by Dr. Marcia Angell, former editor of The New England Journal of Medicine, another world leading publication in medical research:”

“It is simply no longer possible to believe much of the clinical research that is published, or to rely on the judgment of trusted physicians or authoritative medical guidelines. I take no pleasure in this conclusion, which I reached slowly and reluctantly over my two decades as an editor of The New England Journal of Medicine.”

Skeptical of medical science reports? (ncbi.nlm.nih.gov)

Metaphorically speaking, the civilian populace believes “we’re winning” until the bombs start dropping on their homes. For some reason, this doesn’t feel like “winning.”

The V-shaped recovery is the propaganda war the status quo must win, for this is the narrative battle for the hearts and minds of the populace. The fear here is that should the populace lose confidence in The V-shaped recovery, they might reduce their borrowing and spending and increase their saving, dooming an economy that depends entirely on marginal spending funded by debt to keep from imploding.

As the chart of the rising wedge model of breakdown below illustrates, when big-ticket costs ratchet higher like clockwork–rent, property taxes, childcare, higher education, debt, healthcare, etc.– while income stagnates for the bottom 90%, any drop in spending, no matter how modest, breaks the system because any reduction in spending reduces tax revenues, corporate profits and debt payments below the critical threshold.

This is why the Federal Reserve is so keen on bailing out bankrupt-in-all-but-name corporations and banks: The laughably hopeless hope is that by propping up the corpses, the populace will discern some faint flicker of life in the decaying carcasses and return to their free-spending ways.

This is also why “stimulus” is being scattered from helicopters: the hope is that by substituting borrowed trillions for earned trillions, people will substitute magical thinking for clear-eyed recognition that the era of “growth” has transitioned into the era of DeGrowth, a state of affairs that signals the demise of all the bloated, sclerotic institutions operated to benefit insiders and Corporate America’s cartels and monopolies: the most protected bastions of the era, colleges and hospitals, are going broke and closing.

As Marx noted, “everything solid melts into air” when it’s no longer financially viable. Helicopter “stimulus” just creates a temporary illusion of solidity.

And then there’s the immense profitability of Big Tech pushing propaganda, partisanship, anger and indignation: If you’re not terrified about Facebook, you haven’t been paying attention.

The foundations are collapsing, but by all means, please keep your eye on the decaying corpses: didn’t an eyelid flicker in that one? I could swear that one moved its foot…

This is “life in wartime,” where the battles are waged in narratives, confidence and magical thinking.

Forget the V, W or L Recovery: Focus on N-P-B (June 29, 2020)

The Fed’s Casino Is In Flames, But Please Continue Gambling (June 18, 2020)

Our Wile E. Coyote Economy: Nothing But Financial Engineering (June 12, 2020)

Unstoppable: The Greatest Depression and the Reverse Wealth Effect (June 10, 2020)

A Bigger Picture

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Baluchitherium. Gone but not forgotten.

By James Howard Kunstler

Source: Kunstler.com

The Covid-19 virus itself didn’t run the United States into a ditch but it exposed the weakness and rot in the nation’s drive-train, and now all of us passengers on that disabled bus must decide whether to stay helplessly inside the smoldering wreckage arguing over who’s to blame, or begin a long, uncertain march down the road on our own two feet to a place of new arrangements.

In 1918, the country was lashed by a far deadlier pandemic disease at the same time it was fighting a world war, and daily life barely missed a step. The economy then was emphatically one of production, not the mere consumption of things made elsewhere in the world (exchanged for US IOUs), nor of tanning parlors, nail salons, streaming services, and Pilates studios. The economy was a mix of large, medium, and small enterprises, not just floundering giants, especially in the retail commerce of goods. We lived distributed in towns, cities not-yet-overgrown, and a distinctly rural landscape devoted to rural activities — not the vast demolition derby of entropic suburbia that has no future as a human habitat. Banking was only five percent of the economy, not the bloated matrix of rackets now swollen to more than forty percent of so-called GDP. Government at the federal and state levels was miniscule compared to the suffocating, parasitic leviathan it is now.

What happened? Like Hemingway’s old quip about a man going broke slowly and then all-at-once, we allowed everything in American life to creep into hapless giantism too cumbersome to adapt to new conditions, and suddenly conditions have changed. And now it’s all coming apart: the dying chain stores, the giant zombie companies that can only exist by borrowing money to buy back their own stocks, the auto-makers who have run out of lending schemes for non-creditworthy customers, the shale oil fracking companies that could never make a red cent, the agri-biz farmers grown morbidly obese on a diet of credit and government subsidies (just like their end-customers grew obese on engineered snack-foods), the Wall Street lords of financialization hypothecating fortunes by leveraging the stripped assets of everything not nailed down from sea to shining sea, the swelling underclass conditioned to helplessness, addiction, and vice, the inescapable ambient tyranny of media hype, propaganda, and disinformation, and, of course, the catastrophe that government has become.

Get this: none of these things now wobbling and staggering will be resurrected. They’re all going extinct, like the Baluchitherium of the Oligocene. To keep propping them up — as the Federal Reserve sedulously props up financial markets — will only promote the illusion that we don’t have to move on and conduct daily human life differently. A worldwide contraction was already underway before Covid-19 stepped onstage. The contraction was sending a very loud and clear message: gigantism went as far as it could go and now it’s up to the smaller and nimbler to carry on. Beware the promises of the sclerotic authorities asking you to remain in thrall to them — and dependent on them.

Expect these authorities to screw up even the next big exercise in their own franchise: the 2020 election. It will be the climax to a season of political hysteria and will complete the chapter of our history that left us on that smoldering big bus in the ditch. The scramble away from that disaster scene will be frightful and desperate. No matter who ends up in control of the government — or pretends to be — the same forces of contraction and decomplexifying will actually rule and you will have to act accordingly.

Many people will seek to escape the places they live now to find new homes and livelihoods elsewhere. These demographic movements are already underway. New York City is hemorrhaging much of its tax base as the wealthy flee, Chicago too, and the whole state of California. These places will be overwhelmed by functional bankruptcy, even if legal legerdemain allows them to avoid declaring it. Other states, counties and municipalities — including many suburban blobs — will also founder, meaning all the usual support systems and safety nets vanish. Many supply chains will break. Money may either be scarce or worthless, which are two ways of going broke.

Right now, start planning where you might go and what you can do. The turmoil will be filled with opportunity to find ways to be useful to other people, to devise work-arounds for ruptured systems and relationships, in getting food to people, making things they need, distributing them, fixing things that are broken where possible, and moving people and stuff from point A to point B. There will be plenty of work for people who are willing to do it. Keep in mind that it’s entirely up to you to make good choices.

Don’t despair, and if you find yourself veering toward it, get over yourself. It’s just part of becoming stronger than you thought you could be,  and the times will require it of you anyway. The offices that gave out brownie points for avouched victimhood will also be shutting down. Won’t that be a relief? Welcome to the joyful illumination that life is difficult for everybody. Who is ready for this epic journey?

This Is a Financial Extinction Event

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By Charles Hugh Smith

Source: Of Two Minds

The lower reaches of the financial food chain are already dying, and every entity that depended on that layer is doomed.

Though under pressure from climate change, the dinosaurs were still dominant 65 million year ago–until the meteor struck, creating a global “nuclear winter” that darkened the atmosphere for months, killing off most of the food chain that the dinosaurs depended on. (See chart below.)

The ancestors of modern birds were one of the few dinosaur species to survive the extinction event, which took months to play out.

It wasn’t the impact and shock wave that killed off dinosaurs globally–it was the “nuclear winter” that doomed them to extinction. As plants withered, the plant-eating dinosaurs expired, depriving the predator dinosaurs of their food supply.

This is a precise analogy for the global economy, which is entering a financial “nuclear winter” extinction event. As I’ve been discussing for the past few months, costs are sticky but revenues and profits are on a slippery slope.

Businesses still have all the high fixed costs of 2019 but their revenues are sliding as the “nuclear winter” weakens consumer spending, investment in new capacity, etc.

Despite all the hoopla about a potential vaccine, no vaccine can change four realities: one, consumer sentiment has shifted from confidence to caution and from spending freely to saving. This is the financial equivalent of “nuclear winter”: there is no way to return to the pre-impact environment.

Two, uncertainty cannot be dissipated, either. There are no guarantees a vaccine will be 99% effective, that it will last more than a few months, that it won’t have side-effects, etc. There are also no guarantees that consumers will resume their care-free spending ways as credit tightens, incomes decline, risks emerge and the need for savings becomes more compelling.

Three, consumer behavior and uncertainty have already changed, and so businesses that cannot survive on much lower revenues won’t last long enough to emerge from the “nuclear winter” of uncertainty and a shift in sentiment.

Four, assets based on 2019 revenues, profits and demand are now horrendously overvalued, and the repricing of all assets will bring down the predators, i.e. the banks.

As I’ve noted here before, the top 10% of households account for almost 50% of consumer spending. These households are older, and own the majority of assets –between 80% and 90% of stocks, bonds, business equity, rental real estate, etc. This is the demographic with the most to lose in returning to care-free air travel, jamming into crowded venues and cafes, etc.

This demographic has “been there, done that” and foregoing fine dining, sports events, concerts, cruises, etc. is not much a burden and may actually be a relief.

Meanwhile, the entire food chain of landlords, banks, local government, employees, etc. depends on enterprises returning to 100% of 2019 revenues. As tenants stop paying rent, landlords default on mortgages, sending banks into insolvency, leaving local government with less tax revenues and employees with fewer job prospects.

To a degree few appreciate, the “recovery” since 2009 has been dependent on over-spending, over-borrowing and over-speculating: as spending, borrowing and speculation all pull back to what would have been “normal” levels two generations ago, the economy collapses because it’s become completely dependent on over-spending, over-borrowing and over-speculating.

As consumers and businesses retrench, borrowing declines while defaults and bankruptcies eviscerate bank profits and balance sheets. As spending declines, businesses with high fixed costs and pre-pandemic business models (crowding people together in close quarters, etc.) cannot generate enough revenues to survive. As the collateral of commercial real estate and profit streams collapse, assets are repriced all down the food chain, reversing the wealth effect: as people feel poorer, they borrow and spend less, creating a feedback loop of lower valuations, lower spending, lower profits, lower borrowing all of which feed back into each other, pushing everything lower.

The lower reaches of the financial food chain are already dying, and every entity that depended on that layer is doomed: the small business die-off will bring down distributors, banks, landlords, and employment, and as the this layer collapses then the top predators will starve to death as well: Big Tech, healthcare, higher education, tourism, local tax revenues, etc.

The clouds are spreading and thickening, and the dawn sky is tinted an ominous red. This is a financial extinction event, and the Fed’s pathetic shamans can’t reverse history.

Having Sucked America Dry, Tech Giants Seek New Markets Beyond Reach of US Antitrust Laws

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Sept. 27, 2015 Facebook CEO Mark Zuckerberg hugs Prime Minister of India Narendra Modi at Facebook in Menlo Park, Calif. (AP Photo/Jeff Chiu, File)

An aggressive push to consolidate companies in the tech sector, coupled with the world’s ever-increasing dependence on digital platforms and tools, is quickly leading to a crisis of sovereignty.

By Raul Diego

Source: MintPress News

The American consumer market for big tech gadgets appears to have reached the point of saturation as the novelty of mobile devices and laptops plateau and the persistent lockdown sees savings dwindle and discretionary spending disappear. Apple, which has enjoyed reigning over the smartphone market for more than a decade, has been forced to drop its prices over the last year as a result of a market at full capacity.

Nevertheless, one of the world’s most liquid companies, along with other tech giants like Facebook and Google – whose parent company, Alphabet, Inc. recently overtook Apple as the most cash-rich company in the world – are taking full advantage of their position to gobble up startups in emerging sectors in the Artificial Intelligence (AI) space like Natural Language Processing (NLP), Machine Learning (ML) and Deep Learning (DL), in order to solidify their place in other, mostly untapped markets in developing nations.

Big tech’s insatiable appetite, as manifested in this current sprint to further consolidate their assets, is bound to give them even more control over their already substantial access to our data and other digital activities of the population at large.  Earlier this year, then Presidential candidate Elizabeth Warren led the call to “Break Them Up,” in reference to the big tech companies, declaring that they had “bulldozed competition, used our private information for profit, and tilted the playing field against everyone else. And in the process, they have hurt small businesses and stifled innovation.” Her plan to “level the playing field,” however, seems to have gone away with her fleeting candidacy.

Nonetheless, they are all gearing up to face an election-year challenge to their growing power as a year-long House Judiciary subcommittee investigation is set to conclude and will more than likely provide plenty of fodder for the antitrust battles looming on the horizon. Some analysts have speculated that the U.S. government could impose fines on companies like Google in the tens of billions for past violations. But, whether or not this Congress implements measures with any real teeth remains to be seen.

Captive market shares

American tech giants are turning their focus to south-east Asia as their original markets in the U.S. can no longer support most of their quarterly profit projections. Apple’s recent acquisition of Seattle-based Xnor.ai, which specializes in “low-power, edge-based artificial intelligence tools” that will help them develop low-cost hardware for things like security cameras using artificial visual intelligence.

The Xnor.ai acquisition is just one of several made by Apple this year. Others include an Irish AI platform called Voysis that enables voice interactions with digital retailers; NextVR, a virtual reality headset company that holds over 40 patents in that space and will help Apple carve out a niche in the burgeoning world of streaming music and sporting events.

Google, which already has a virtual monopoly over Internet search capabilities and related tools, is aggressively pursuing startups in the cloud computing space, healthcare, and advertising market. A salient example is the ongoing $2.1 Billion-dollar acquisition of Fitbit, which has reportedly entered its final stages but has raised calls in some quarters for U.S. antitrust regulators to take a closer look.

The bank of Zuckerberg

Meanwhile, Facebook is continuing its incursion into the virtual entertainment arena with the purchase of Sanzaru Games in February as the social media giant solidifies its VR stake by taking over both hardware and software sides of that emerging market. Zuckerberg has also added to his social media empire with plans to acquire animated gif search engine Giphy for $400 Million, extending his consolidation over two of the most popular social media and communication platforms in its portfolio: Instagram and WhatsApp.

Facebook’s recent $5.7 Billion-dollar investment in India’s Jio Platforms also reveals how the tech giant is betting on Asia for its future growth. Facebook claims that Jio has “brought more than 388 million people online” and is poised to leverage its ubiquitous presence in the country through WhatsApp, boasting that the chat/call app has become a “commonly used verb across many Indian languages and dialects.”

The Indian telecom, led by that nation’s richest man, also includes a recently launched e-commerce site called JioMart, that further opens the door for Facebook’s digital payments platform and has the very real potential to put the social media company in a new class as a payment processing giant, shaking up the status quo in a space largely controlled by the banking sector.

Breaking out of the virtual gold cage

Having sucked the American market dry, these colossal corporations continue their unfettered growth and are increasingly beyond the reach of national anti-monopoly laws. Their aggressive push to consolidate across sectors in the technology space, coupled with the world’s ever-increasing dependence on digital platforms and tools is quickly leading us into a crisis of sovereignty.

If three companies own or have a stake in virtually all of the apps, gadgets and software that are ultimately responsible for collecting out data, performing our transactions and providing the content we consume, we will effectively become prisoners of these same corporations.

Even if Google were to re-instate the infamous “don’t be evil” motto in its code of conduct, such a state of affairs would render that promise moot. The slew of acquisitions by the world’s top tech companies in the midst of an economic depression for the rest of us does not bode well for a future of greater self-determination as the wealth and knowledge gaps grow larger.

Efforts to bridge these gaps are being undertaken by people like Dion Devow in Australia, an entrepreneur who is on a mission to close the gap between Indigenous Australians and IT. But, how effective can such efforts really be in the long run if the technological infrastructure continues to accumulate in the hands of so very few?