How Mainstream Media Becomes Controlled

Most people think of money and agenda, and that’s part of the picture, but there’s one incredibly common factor most don’t consider: access. Let’s explore Kim Iverson’s Dershowitz interview.

By Joe Martino

Source: The Pulse

In personal development, one can’t change something about themselves until they are first made aware of the pattern or problem they are experiencing. Once they know, steps can be taken to adjust, better themselves, or grow beyond the problem.

The same can be said for how our society functions. After all, we as individuals are a microcosm of our collective story.

In that sense, I am a strong believer that if we don’t have an understanding of how our world works, then we don’t stand a chance in making it a better place as we don’t know what problem we are solving.

The first step towards uncovering truth is being able to re-examine our positions and embrace uncertainty.

Propaganda Produces Narrative

In my previous piece on propaganda I talked about how governments distribute a “story” or “narrative” about current events to rally the public behind an idea. It’s through this propaganda that people believe something about how the world works, even if it’s not at all true.

Mainstream media is the mouthpiece that connects government to the people. It has incredible power in shaping public opinion, and governments and powerful people know this.

The is how the masses come to believe they live in a democracy, that government is doing their best to fight enemies. Or that government is keeping people safe through their authoritarian actions, and attempting to create wellness in society. Don’t question government or else you’re a conspiracy theorist.

This narrative is all told through mainstream media. Control mainstream media and you control the masses’ perception.

Controlling Mainstream Media

There are many ways in which mainstream media can be controlled. A common belief is that newsroom directors are constantly getting phone calls from government people telling them not to run certain stories.

This may be true for a small portion of MAJOR stories as we saw with the government program Project Mockingbird.

A 1991 a declassified document from the CIA archives shows the Central Intelligence Agency had a close relationship with mainstream media and academia.

The document states that the CIA task force “now has relationships with reporters from every major wire service, newspaper, news weekly, and television network in the nation,” and that “this has helped us turn some ‘intelligence failure’ stories into ‘intelligence success” stories,’ and has contributed to the accuracy of countless others.”

It admits the agency had “persuaded reporters to postpone, change, hold, or even scrap stories that could have adversely affected national security interests or jeopardized sources and methods.”

We learned through COVID that this sort of thing does still happen, especially with major stories. But for the most part this isn’t how media is controlled in my opinion.

One other common idea is that “all of the journalists at The New York Times or CBC know they are lying.” I don’t think this is true.

Most of these people fully believe in what they publish, and are more so regulated by a news culture and environment that is built around avoiding certain conclusions. They also tend to perform unbalanced investigation into certain subjects.

Part of how news culture is built, and what stops journalists from following their gut, is the fear of the loss of access.

What is Access?

Access is simple: a news outlet can gain access to certain individuals like politicians, powerful business people, or celebrities based on their reputation and knowledge that they won’t “cross the line” or surprise guests.

In this case “the line” is asking tough questions or holding people accountable. Cross the line, and word gets out that powerful people shouldn’t associate with those brands as readily.

Imagine during the Freedom Convoy if the CBC decided they were going to ask Justin Trudeau very tough questions about his abuse of power, lies, and hatred he was disseminating towards unvaccinated people.

You can bet that the CBC would be fearful Trudeau’s admin would give them less access to early stories, updates, interviews and so on if they don’t “play ball” with Trudeau.

If the CBC doesn’t play ball, they will be late on stories, their competition will get things first and the CBC would be playing catch up all the time. This is bad for business.

Access is directly tied to the profitability of many news organizations. Thus, it becomes a race to the bottom dynamic of kissing the ass of those in power and not upsetting them so you can compete amongst other news organizations to get access to stories and interviews first – or even at all.

A Prime Example

This concept is well demonstrated in a recent interview Kim Iverson conducted with Alan Dershowitz on her show. To note, Iverson’s program is independent, and not considered mainstream media.

Iverson interviewed Dershowitz about Trump’s looming arrest. During the interview, she also asked him about his ties to Epstein and whether or not Epstein had ties to Mossad.

Dershowitz went on to provide short, weak answers to the questions, but eventually became annoyed with Iverson questioning him about Epstein.

Dershowitz said:

“Are you used to having people come on your show to talk about one subject, and then sandbagging them on another subject without any warning? It’s nice to know you do that. I have nothing to hide, and I’m happy to talk about any of this, but I’m used to more ethical journalism.”

Iverson goes on to state that her team notified the people who booked Dershowitz onto the show that she would ask about Epstein.

Dershowitz said they never told him, and ended the interview by saying,

“[…] it’s the last time you’ll have me on your show, so take advantage of it.”

Iverson went on to provide proof that Dershowitz’s team was notified about upcoming Epstein questions.

Iverson asked Dershowitz tough questions that were significantly less “soft ball” than what he would get from mainstream media. He was also less prepared to tailor his answers perfectly because of an internal team mistake.

As a result, he won’t go on her show again. She lost access to him, and this message could spread throughout, causing her to lose access to others as well.

Simply put, the game is rigged. Play ball in the way powerful people want you to or you don’t get to play.

Put another way, ask tough questions that are “out of bounds” in authoritarian culture and you’ll stop getting interviews. Why then would someone ask tough questions?

But this instance also reveals something important: powerful people know the questions first before they appear on news shows. Does this make sense? Does this create the opportunity for true and honest answers?

Is real journalism even being done by mainstream outlets?

The Purpose of Media is Largely Lost, But Slowly Repairing

All of us who wonder why certain questions aren’t asked by mainstream journalists even when they are strikingly obvious, should consider the concept of access.

Every person listed on Epstein’s flight log could have been asked to explain themselves by The New York Times or Washington Post, but they weren’t. Because that’s not allowed.

However those organizations can forgo good journalistic practices to push COVID fear and propaganda all day long, because that will only gain them more access in the end.

Thus, mainstream media is controlled by the threat of losing access.

Does it make sense that a person should know all of the questions they are going to be asked before coming on a show? Does it make sense that they should be allowed to fully prepare those answers? Doesn’t that give a deep opportunity to deceive?

Why is this accepted as “ethical journalism” when in reality it can protect powerful people?

A Way Forward

This is why I believe we must point out the ways in which mainstream media has no incentive to tell the truth, and point out the ways in which mainstream journalism works.

We must also illustrate the ways in which the mainstream media is obviously wrong or misleading on certain subjects.

It is often too difficult to prove EXACTLY what is true, because that can be incredibly hard to know, but to critique the MSM in ways that reveal their deception can help people begin granting less legitimacy to MSM, and start embracing more uncertainty.

I do believe more and more people are seeing how corrupt mainstream media is, and perhaps we are getting closer to a tipping point. As a result, even The New York Times is trying to convince their audience they are ‘independent journalism.’

Journalistic Malpractice on Trial: What the Dominion Voting System Tells Us About How the Media Sacrificed their Credibility to Partisan Falsehoods

By Nolan Higdon

Source: Project Censored

“This is direct evidence of knowing falsity” exclaimed RonNell Anderson Jones, Professor of Law at the University of Utah, in a February 2023 interview with Jon Stewart. Jones noted that in most defamation cases “the likelihood that you will find evidence of them [news outlets] saying, ‘We know this is a lie and we would like to move forward with it anyway is deeply unlikely.’” However, in the case of Dominion Voting Systems v. Fox News, “the filing contains just this trove of evidence of emails and text messages and internal memos that are ‘rare’ both in terms of the ‘volume of the evidence and as to the directness of the evidence.’” This sentiment was echoed by Harvard law professor Laurence Tribe who noted, “I have never seen a defamation case with such overwhelming proof that the defendant admitted in writing that it was making up fake information in order to increase its viewership and its revenues.”

In the $1.6 billion defamation lawsuit, Dominion Voting Systems accuses Fox News Channel of falsely reporting that Dominion’s voting machines fraudulently delivered victory to Joe Biden in the 2020 U.S. Presidential Election. Court documents attained by other media outlets reveal that hosts and other high-ranking Fox News Channel officials – including the Chairman and CEO of Fox’s parent company News Corporation, Rupert Murdoch – knew these reports were false, but aired them because they were more concerned with confirming their audience’s belief that Donald Trump won the election.

The evidence presented in the court documents speaks to the journalistic malpractice that plagues the cable news industry. Journalistic malpractice refers to professional journalists who privilege ideological bias and profits over truth in their reporting. Fox News Channel is patient zero for the plague of journalistic malpractice. It was created in 1996 by Rupert Murdoch and the late Roger Ailes, a media consultant for several Republican presidents, as a political project to sell conservative culture and policy to the American public with pro-conservative propaganda disguised as journalism. For example, Fox News Channel has

  • falsely claimed that other media outlets did not cover the conservative Tea Party rallies;
  • utilized videos out of context to inflate the perceived size of conservative protests;
  • labeled former President Barack Obama a racist;
  • declared Osama bin Laden as a John Kerry supporter;
  • perpetuated discredited reports on the existence of Weapons of Mass Destruction in Iraq;
  • introduced digitally altered photos to fabricate Black Lives Matter violence and make New York Timesreporters appear to be revolting.   

Liberals were right to assert that such chicanery was propaganda, not journalism. But before liberal readers scold Fox News viewers, they should remind themselves that the plague of journalistic malpractice has also infected the liberal leaning cable networks such as CNN and MSNBC. Researchers and scholars have noted that the advent of cable and then the internet saw news media outlets shift from attaining the largest audience possible to focusing on a more specific or narrow demographic of the audience. While Fox News Channel sought to cater to Republican Party voting viewers, CNN and MSNBC did the same for Democratic Party voters. This gave the Democratic Party influence over programming that was tantamount to what the Republican Party long enjoyed at Fox.

When Senator U.S. Bernie Sanders’ 2016 Presidential bid posed a threat to their desired candidate Hillary Clinton in 2016, leaders from the Democratic Party admitted they worked to undermine his campaign. Pro-Democratic party outlets like MSNBC and CNN aided in this effort by

  • creating an unfavorable debate schedule;
  • giving Clinton twice as much and more favorable coverage;
  • publishing 16 negative articles about Sanders in Washington Post (owned by major Democratic Party funder Jeff Bezos) in 16 hours;
  • ghost editing previous news articles to diminish Sanders’ quarter century of accomplishments;
  • inviting his opponent’s surrogates to attack his character under the auspices of being objective journalists.

Their smear of Sanders continued in 2020 when

  • the Democratic Party-leaning news outlets misled the public about Sanders’ polling numbers;
  • CNN’s Abby Phillips drew gasps for ignoring Sanders’ claim that he never said a “woman could not be president;”
  • James Carville on MSNBC made the baseless claim that Russia was supporting Sanders;
  • MSNBC’s Chris Matthews compared Sander’s primary victories to the Nazi’s defeat of the French, an unfortunate comparison as Sanders’ family was murdered in the holocaust.

Journalistic malpractice also plagued Covid-19 coverage. Starting in 2020, CNN’s Chris Cuomo utilized his platform – with the approval of CNN leadership – to host his brother, then New York Governor Andrew Cuomo. The jovial segments seemed like campaign advertisements as Chris treated Andrew as the anti-thesis to then President Trump: a competent executive who took decisive action to address the Covid-19 pandemic. Although, the Democratic versus Republican framing attracted partisan audiences, in reality, Andrew Cuomo and Trump were all too similar: both concealed the actual number of Covid-19 deaths in their jurisdiction, both put patients at risk with kickbacks to industry partners, and both utilized media contacts to stifle press reports about their alleged sexual crimes.

The partisan falsehoods in cable news includes the production of powerful, long- running false stories designed to convince their audiences that the other party is wrong and crazy. For years now, conservatives and Fox News Channel perpetuated the baseless Qanon conspiracy, which alleges that a cabal of Satan-worshiping pedophiles – mainly in the Democratic Party – runs global affairs but Trump will break up the conspiracy. The absurdity of this conspiracy is tantamount to liberal leaning news media’s reporting on Russiagate, which sought to discredit Republicans. Since 2016, Russiagate – the story that Russia meddled in and influenced the outcome of the U.S. election in 2016, had direct connections to Donald Trump and his associates, and worked to help defeat Hillary Clinton for the presidency – was perpetuated by a series of false stories from Democratic Party-friendly media including

  • Russia hacking a Vermont power plant;
  • putting a bounty on U.S. soldiers in Afghanistan;
  • shifting election outcomes around the world;
  • turning Trump into an asset since 1987;
  • labeling the Hunter Biden laptop story as fake news.

Conservatives rightly see this reporting and believe liberals are insane.

Both factions need to look in a mirror. While audiences can clearly see the insanity in other networks’ viewers, they rarely seem to see it in themselves. Indeed, in the same week that CNN and others were having a schadenfreude moment over the Dominion v. Fox case, they hosted a commentator on the train derailment in East Palestine, Ohio without disclosing that he had lobbied for the train company Norfolk Southern. This example of hypocrisy and journalistic malpractice is not only costly to CNN’s credibility, but our democracy as well.   

Without a robust media system that privileges truth over preaching to the choir, the public will have endless debates devoid of facts on key issues such as critical race theory, vaccine efficacy, the origins of the COVID-19 virus, climate change, transgender issues, Ukraine, mysterious balloons, and more. Democratic discourse will be reduced to seeing Republicans as MAGA-hat wearing, blue lives matter-flag waving, gun nuts, and Democrats as medical mask wearing, “this house cares about everything” front-lawn sign adorning, professional victims and virtue signalers. These caricatures have never really been accurate, but as long as the nation is infected with the plague of journalist malpractice they will surely be perpetuated.

While the courts are unlikely to deliver solace from political party propaganda disguised as journalism, they have provided some wisdom. Both Rachel Maddow and Tucker Carlson of MSNBC and Fox News Channel respectively, have been brought to court for spreading false information and were exonerated because the judges concluded that no reasonable person would believe either of them were telling the truth. That is good advice, and viewers would be wise to remember it every time they consider watching cable news.

Send in the Clowns

Yellen and Garland perform back-to-back surprise visits to Ukraine

By Philip Giraldi

Source: The Unz Review

Sometimes I think that the script being used by the Biden Administration to manage its foreign and national security policies has been written by George Orwell, though I am not sure if it based on 1984 or Animal Farm. Maybe it is a combination of the two. Either way, it would help explain why there is something seriously wrong here. For example, at the end of February Congress, confronted by a debt ceiling, began discussing cutting Medicare and Social Security while more recently a banking sector crisis seems to be developing so Treasury Secretary Janet Yellen decided to go off doing photo-ops in Kiev embracing Ukraine’s President Volodymyr Zelensky shortly after handing him the keys to the US economy. She explained to Zelensky how the White House had approved an additional $12 billion in aid to Ukraine during the previous week, including $2 billion for the military and $10 billion to support Zelensky’s government and other infrastructure needs. The US Treasury is now de facto the source of the Ukraine government’s entire annual budget. In addition, Yellen described glowingly how the Treasury and State Departments will implement a new round of sanctions against more than 200 entities and individuals with ties to Russia’s military, high-technology industries, and its metals and mining sectors. The US Department of Commerce is also enforcing export restrictions on materials and technology, including semiconductors, sold by American companies to customers in Russia and China.

In defense of her grand mission, Yellen penned an op-ed for the always compliant New York Times explaining the importance of Ukraine to the United States. She wrote how in Ukraine “…Russia’s barbaric attacks continue — but Kyiv stands strong and free. Ukraine’s heroic resistance is the direct product of the courage and resilience of Ukraine’s military, leadership and people. But President Volodymyr Zelensky and the Ukrainians would be the first to admit that they can’t do this alone — and that international support is crucial to sustaining their resistance. I’m in Kyiv to reaffirm our unwavering support of the Ukrainian people. Mr. Putin is counting on our global coalition’s resolve to wane, which he thinks will give him the upper hand in the war. But he is wrong. As President Biden said here last week, America will stand with Ukraine for as long as it takes… Ukrainians are fighting for their lives on the front lines of the free world. Today, and every day, they deserve America’s unyielding support.”

The Yellen op-ed drones on with a lie so large that it is astonishing that the New York Times would even print it: “When confronted with scenes of brutality and oppression, Americans have always been quick to stand up and do the right thing. Our strength as a nation comes from our commitment to our ideals — and our capacity to see in others the same desires that animated our own struggles for freedom and justice.” But then she tops that with assurances from “President Zelensky, [who] has pledged to use these funds in the ‘most responsible way.’ We welcome this commitment, as well as his longstanding agenda to strengthen good governance in Ukraine.” Huh?

And here is Yellen’s version of “Why We Fight!”: “Our support is motivated, first and foremost, by a moral duty to come to the aid of a people under attack. We also know that, as President Zelensky has said, our assistance is not charity. It’s an investment in ‘global security and democracy.’ Let’s look at the strategic impact of our support for Ukraine so far. Mr. Putin’s war poses a direct threat to European security, as well as to the laws and values that underpin the rules-based international system.”

So, Americans have a “moral duty” apparently up to and including sending their sons and daughters to die supporting Ukraine. And ah yes, it’s all about the “free” world, democracy and the notorious rules based international system! Has anyone yet cited Hegel’s observation that the President Joe Biden Administration’s foreign policy has already “repeated itself, first as a tragedy in Afghanistan, second as a farce”? Meanwhile one suspects Zelensky was laughing all the way to the bank as Yellen disappeared over the horizon to come up with the cash, as that old expression goes, and he probably already has one of his buddies shopping for a new villa on the French Riviera to supplement his other real estate! But wait! The story became even more exciting the following week, involving another visit to Mr. Z by America’s nearly invisible Attorney General Merrick Garland, a man who can literally look Z in the eye as they are both very short. Garland is generally engaged in chasing white supremacists and requiring all new FBI hires to learn all about how to identify and pursue antisemites, but he has made two trips to Kiev to meet mano-a-mano with the brave olive drab t-shirt clad warrior who is already being beatified as the twenty-first century’s Winston Churchill.

Garland was in town to do the other thing the engages his sense of law and order, which is to set up a tribunal to arrest, prosecute and punish Russian war criminals after Ukraine emerges triumphant from its conflict with the unimaginably evil President Vladimir Putin. It would be modeled on the Nuremberg Tribunals that tried leading Nazis after the Second World War, and Garland has cited his family’s escape from the so-called holocaust to explain why he is intent on personally being involved in delivering what he describes as “justice.” A Justice Department spokeswoman described Garland’s mission as being in Kiev to personally “reaffirm America’s commitment to help hold Russia responsible for war crimes committed in its unjust and unprovoked invasion against its sovereign neighbor.”

Garland had several meetings with President Volodymyr Zelensky and foreign law enforcement officials including Ukrainian Prosecutor General Andriy Kostin while attending what was billed as the “United for Justice Conference.” Zelensky elaborated that the purpose of the conference was to hold Russia’s leadership accountable for the alleged atrocities carried out by its army. “The main issue of all these meetings is accountability,” he said. The US Justice Department is reportedly actively engaged in the gathering of evidence to indict the Russians. During Garland’s first visit to Ukraine in June 2022 he announced the appointment of Eli Rosenbaum, an Office of Special Investigations prosecutor best known for going after former Nazis, to direct American efforts to identify and track Russian war criminals.

Garland laid it on thick, as was expected from someone responsible for prosecuting the rest of the world when it steps out of line. He told his hosts that “Just over twelve months ago, invading Russian forces began committing atrocities at the largest scale in any armed conflict since the Second World War. We are here today in Ukraine to speak clearly, and with one voice: the perpetrators of those crimes will not get away with them. In addition to our work in partnership with Ukraine and the international community, the United States has also opened criminal investigations into war crimes in Ukraine that may violate US law.” He concluded by throwing out the complete bullshit party line much beloved by Joe Biden and Tony Blinken, that “The United States recognizes that what happens here in Ukraine will have a direct impact on the strength of our own democracy.”

Of course, there is more than a little bit of irony in all this, not to mention top level hypocrisy, as the United States has killed more people directly or indirectly while committing more crimes against humanity dished out in various ways over the past twenty years than any other country, except, predictably, Israel, which currently is committing crimes against humanity on a nearly daily basis. Curiously, however, the normally tone-deaf White House and Pentagon seem to understand, on a certain level, that opening up Pandora’s box might not be a good idea when it comes to war crimes. Last week Secretary of Defense Lloyd Austin refused to share US information on alleged Russian crimes with the International Criminal Court (ICC) in the Hague. The Pentagon is blocking the Biden administration from sharing evidence with the ICC collected by American intelligence agencies regarding Russian activities in Ukraine because helping the court investigate Russians might set a precedent that could help pave the way for it to prosecute Americans. Washington does not recognize the ICC, fearing that it might well seek to examine the sorry record of US military crimes in Asia and Africa. Israel similarly does to recognize the court for roughly the same reason.

So here we are, two top level officials from the Biden regime sneak into Kiev to give an arch crook money and unlimited moral support, together with a pledge that more cash is on the way as are arms and war crimes tribunals await those nasty Russians. And guess what? It is all packaged as being good for America! This sounds like a song that was sung previously in places like Vietnam, Iraq and Afghanistan and it was a tissue of lies then just as it is now. Yellen ought to have stayed home to tend to the banking system and should be giving the billions of dollars earmarked for Zelensky back to the American people. If Garland wants to investigate anyone it should be the Pentagon, the intelligence agencies, and Congress. And yes, his own FBI! And don’t forget how the Bidens and Clintons became multi-millionaires! And then there is the destruction of Nord Stream. Funny how every time one turns over a rock in and around the US government something really smelly surfaces.

A Fed-Issued Digital Currency: The Mark of the Beast

A Fed-issued digital currency would be no more in our interests than the current dollar system.

By Jeremy R. Hammond

Source: Jeremy R. Hammond Blog

China’s ‘Social Credit’ System

“And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.” — Revelation 13:16-17

In China, as you have likely heard, the government has been experimenting with a “social credit” system aimed at giving politicians even greater control over people’s behavior. China was, of course, also the country whose authoritarian “lockdown” response to the outbreak of SARS‑CoV‑2—the coronavirus that causes COVID‑19 and was likely engineered in a Chinese lab with US government funding—was pointed to as a model for the rest of the world to follow by the World Health Organization (WHO).

The WHO has since been aiming to acquire even more centralized global authority to issue diktats in the event of another pandemic, such as implementation of “lockdown” measures that might include travel restrictions, prevention of employment, and vaccine mandates or passport systems.

As of December 2020, around the time of the initial outbreak of the virus in Wuhan, China, social credit laws and regulations had been implemented in an estimated 80 percent of the country.

Naturally, the system is characterized by its proponents as a benevolent means to reward socially responsible people while denying privileges to unsavory and untrustworthy characters and businesses. But you and I both recognize the grave threat posed by politicians wielding this type of power and control over the population. It is an obvious threat to privacy and liberty.

The people of China regrettably but unsurprisingly appear to have welcomed this system, although the perception of public approval might be largely an artifact of people being afraid to publicly criticize the system lest their names be placed on one of the government’s “blacklists”.

As with any law or government policy, we should view it through the lens of how such power could be used as opposed to how politicians say they intend to use it.

A glimpse of how it could be used is the city of Rongcheng’s prohibition on “spreading harmful information”, violations of which could result in subtraction of points off residents’ social credit scores.

Such prohibitions must be seen in light of how governments are in the habit of interpreting “harmful information” as any information that does not align with the adopted political agenda. In the US during the COVID‑19 pandemic, there has been no greater purveyor of misinformation than the US government itself.

According to MIT Technology Review, the central government actually pressed the city to scale back the threat to individual liberty posed by its social credit system, such as enabling residents to opt-out. “The Chinese government did emphasize that all social-credit-related punishment has to adhere to existing laws,” the Review states, “but laws themselves can be unjust in the first place.”

The takeaway from that article is that “the social credit system does not (yet) exemplify abuse of advanced technologies like artificial intelligence”. But that’s no reason for the citizenry to consent to the implementation of systems that are conducive to extreme governmental abuses of authority.

A July 2019 article in Wired magazine related the example of Liu Hu, a journalist who was arrested, fined, and blacklisted, reportedly for writing about censorship and government corruption. He found himself on a “List of Dishonest Persons Subject to Enforcement by the Supreme People’s Court as ‘not qualified’ to buy a plane ticket, and banned from travelling some train lines, buying property, or taking out a loan.”

A more recent Newsweek article appropriately describes the system this way:

On an individual level, the government seeks to instill in the public an increased sense of morality to discourage everything from fraud and plagiarism to counterfeit goods and petty crime. But a system to make individual actions more transparent would necessitate the creation of tools to monitor all aspects of life. Social control, if not the original aim, could be an inevitable consequence, researchers say.

. . . While China’s vision of the system has yet to emerge as a dystopian tool for control driven by big data, there are real concerns about the way personal information is to be collected and processed to create social credit profiles, which could have lasting implications for individuals.

An untrustworthy government has no place dictating to its citizens what types of behaviors should be regarded as creating or breaking trust.

Human Rights Watch provides the example of lawyer Li Xioaolin, who was denied a plane ticket home while away on a work trip inside China because his name was on a blacklist of “untrustworthy” people in relation to a years-old court-related issue that he thought he had resolved.

According to Human Rights Watch, journalist Liu Hu was punished not for criticizing the government and exposing corruption but for having offered an apology that the government deemed “insincere” after losing a defamation case for publishing an article alleging that someone was an extortionist. Still, the organization notes, in both cases, “penalties were exacted in wildly arbitrary and unaccountable manners.” Additionally, “the courts failed to notify them, leaving them no chance to contest their treatment.”

According to the human rights organization, between 2013 and 2017, the Chinese government imposed more than seven million punishments to people for failing to carry out local court orders, which punishments have included publicly naming and shaming individuals and barring them from flights and trains.

After experiencing the totalitarianism of the disastrously harmful lockdown regimes and the accompanying efforts to coerce the population into accepting COVID‑19 vaccines and to censor truths countering the government’s incessant lies (I was permanently banned from LinkedIn, for example, for accurately reporting that the CDC’s claim that COVID‑19 vaccines provide greater protection against SARS‑CoV‑2 infection than natural immunity was a bald-faced lie), it should not be too difficult to imagine such a system being dangerously used to silence critics and punish dissenters so that whatever ruling regime can continue its crimes against humanity unobstructed.

The idea of a “social credit” score, of course, is inherently tied to the idea of central banking. In the US, the central bank is the Federal Reserve, a government-legislated private monopoly over the supply of currency. Increasingly, there is talk of a central bank digital currency, heightening concerns about the government having the means to exercise power over us and control our behavior.

“Project Hamilton”

As an example of how the Fed is exploring the idea of adopting a digital currency, the Massachusetts Institute of Technology (MIT) has teamed up with the Federal Reserve Bank of Boston under the appropriately named “Project Hamilton”.

Alexander Hamilton, of course, was instrumental in the adoption of central banking by the US government, famously at odds with Thomas Jefferson, who rightly opposed the idea and warned about the dangers inherent in such an institution. Jefferson appeared to hold the view that the means of exchange and interest rates ought to be determined by the market as opposed to being determined by fiat by a roomful of central planners.

Jefferson accurately foresaw how the government would use the central bank to pay for its spending as an alternative to raising taxes directly, and how the debt that would consequently be incurred by this uncontrolled spending would ultimately be borne by future generations.

In a letter to John Wayles Eppes in 1813, for example, Jefferson wrote:

I have said that the taxes should be continued by annual or biennial re-enactments; because a constant hold, by the nation, of the strings of the public purse, is a salutary restraint, from which an honest government ought not to wish, nor a corrupt one to be permitted, to be free. No tax should ever be yielded for longer than that of the Congress granting it, except when pledged for the reimbursement of a loan.

. . . Bank-paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs. . . . Treasury bills, bottomed on taxes, bearing, or not bearing interest, as may be found necessary, thrown into circulation, will take the place of so much gold & silver, which last, when crouded, will find an efflux into other countries, and thus keep the quantum of medium at its salutary level.

In a letter to John Taylor in 1816, Jefferson described central banking as rightly “reprobated” and as “a blot left in all our constitutions, which, if not covered, will end in their destruction”. He wrote, “And I sincerely believe with you, that banking establishments are more dangerous than standing armies; & that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale”.

Jefferson viewed the federal government as having no authority to institute a central banking system. As he wrote in 1791, “The incorporation of a bank, and the powers assumed by this bill, have not, in my opinion, been delegated to the United States, by the Constitution.”

The stated aim of Project Hamilton “is to investigate the technical feasibility of a general purpose central bank digital currency (CBDC) that could be used by an economy the size of the United States and to gain a hands-on understanding of a CBDC’s technical challenges, opportunities, risks, and tradeoffs.”

The project is part of MIT’s “Digital Currency Initiative”, which is aimed at bringing minds together “to conduct the research necessary to support the development of digital currency and blockchain technology.”

The aim of the collaboration with the Federal Reserve Bank of Boston has been “to develop a hypothetical CBDC.” MIT describes the possibility of a “central-bank-issued digital currency” as “a unique opportunity to address challenges in our existing payments system and design an economy that is more resilient, participatory, and open.”

We can reasonably assume that Thomas Jefferson, were he alive today, would disagree and view the idea as anathema to both a sound economy and a free society.

Noting that it was Alexander Hamilton “who laid the foundation for a U.S. central bank”, a project white paper published in February 2022 concluded that it is “critical” for research to continue for “achieving goals for a CBDC.” That is, it is not a question of whether the Fed should adopt a digital currency but how and when.

Biden’s Executive Order and Project Lithium

In January 2022, the Federal Reserve Board of Governors similarly published a paper titled “Money and Payments: The U.S. Dollar in the Age of Digital Transformation”, the aim of which was “to foster a broad and transparent public dialogue about CBDCs in general, and about the potential benefits and risks of a U.S. CBDC.”

Then in March 2022 President Joe Biden signed an “Executive Order on Ensuring Responsible Development of Digital Assets”, which declares the supposed need for the US government to “regulate” digital assets, including for the purpose of preventing circumvention of its sanctions regimes—in which context we might remember the US government’s criminal sanctions regime against Iraq in the 1990s and how Secretary of State Madeleine Albright insisted that the “price” of half-a-million dead Iraqi children was “worth it”.

The executive order, number 14067, describes how the government has an interest in maintaining the US dollar’s “central role” in “the global financial system”, which refers to the use of the dollar as a reserve currency. To that end, the order states, the Biden administration “places the highest urgency on research and development efforts into the potential design and deployment options of a United States CBDC.”

The White House is intent on determining what actions would be required to launch such a currency “if doing so is deemed to be in the national interest”. Of course, as the example of half a million excess childhood deaths in Iraq due to sanctions once again illustrates, determining just what is in the “national interest” is not a task that government policymakers seem particularly good at.

The lockdown measures, which utterly failed to project those at highest risk from COVID-19 while causing devastating harms globally, are another useful example of the ineptitude of policymakers when it comes to making decision that are in our best interests.

Following Biden’s executive order, in April 2022, the Depository Trust & Clearing Corporation (DTCC) announced “the development of the first prototype to explore how a CBDC might operate”. This endeavor was given the name “Project Lithium”, on which the DTCC is collaborating with The Digital Dollar Project (DDP), an organization that advocates US leadership “in advancing a CBDC” and encourages the executive branch of government “to support appropriate legislation” to authorize further research and development of such a currency.

The DDP published a white paper in May 2020 concluding that the US government “should, and must, take a leadership role in this new wave of digital innovation” and preserve the dollar’s role as “the world’s primary reserve currency” by working toward “the launch of a tokenized digital dollar”.

End the Fed!

Naturally, advocates of a central bank digital currency describe the aims of such a development as benign, just as the Federal Reserve system was originally established on the pretext that having a more centrally controlled economy would benefit all.

In truth, the Federal Reserve system serves the interests of the financially and political elite at the expense of the rest of us. Central banking itself, whatever the form of currency issued, is harmful to the economy because central banks essentially exist to effect a transfer of wealth upward. Schools of economic thought like Keynesianism and Modern Monetary Theory (MMT), which I like to refer to as “Keynesianism 2.0”, exist to justify the existence of central banks.

The Fed, a government-legislated private monopoly over the currency supply, enables the government to spend on whatever, including endless wars (euphemistically called “defense” spending), but the means of paying for it all, the creation of “money” out of thin air, results in upward wealth transfer. The elite classes who receive the newly created dollars first are able to spend it for purchasing assets prior to the resulting devaluation that manifests in the form of higher prices for goods and services.

Monetary inflation robs us of our purchasing power and so serves as a hidden tax. It also causes widespread malinvestment and major economic distortions like the housing bubble that burst in 2007 and precipitated the 2008 financial crisis, not to mention the current housing bubble and general asset inflation. (For more on that, see my book Ron Paul vs. Paul Krugman: Austrian vs. Keynesian Economics in the Financial Crisis.)

We are meant to believe we need centralized control over the currency supply for economic growth, but central banks instead serve to impede real economic growth in favor of enabling the government’s endlessly wasteful and harmful spending.

The chief appeal of a cryptocurrency like Bitcoin is that it is a decentralized medium of exchange that serves to compete with central-bank-issued currency and potentially enables people to opt-out of the exploitative dollar system. The idea of a “legal tender” digital currency in the hands of the bankers and politicians is anathema to the whole concept of a peer-to-peer electronic cash system.

One might argue that the replacement of print dollars with a centrally controlled cryptocurrency is just a natural evolution from the current system, in which exchange of actual cash is becoming less frequent and most transactions occur digitally anyway. We should keep up with the times and adapt to advancements in technology, the argument goes.

However, this overlooks the more fundamental issue that we should not have central banks in the first place. The way I see it, the movement towards replacing the US dollar with a Fed-issued cryptocurrency is far from benign. We have seen in the past few years just how far government policymakers are willing to go to exercise authoritarian control over us.

To illustrate, remember how businesses deemed “non-essential” were shut down by clueless bureaucrats under threat of punishment, and how coercive measures including mandates and travel restrictions were used to get people to accept COVID‑19 vaccinations?

With the World Economic Forum (WEF) having announced its “Great Reset” agenda, which ties directly into the global mass vaccination agenda, the advocates of greater centralized control over society do not deserve the benefit of our doubt about their intentions. It would be naïve to think that if the authoritarians in government had even greater means to penalize citizens for disobedience to the regime that they would not attempt to use it. It is safer to assume that if they can utilize a digital currency to control our behavior, they will.

It seems therefore imperative to oppose a centralized digital currency, but we also need to go further than that and oppose the existence of the Federal Reserve altogether. Whatever the form of currency, centralized economic planning is an abomination and anathema to the principle of a free market.

“And I heard another voice from heaven, saying, Come out of her, my people, that ye be not partakers of her sins, and that ye receive not of her plagues.” — Revelation 18:4

How Covid lockdowns primed the current financial crisis

By Christian Parenti

Source: The Grayzone

The lockdowns and the stimulus required to keep the economy alive helped drive inflation. Then the Fed jacked up interest rates. And all hell broke loose.

On Friday March 10th, 2023, Silicon Valley Bank (SVB) died of Covid. Alright, it’s a little more complicated than that, but Covid lockdowns followed by massive government stimulus were a critical – and massively under-acknowledged – factor in propelling the bank’s demise.

At the heart of the crisis is the gigantic pile of low-interest debt that was issued during the height of the pandemic. While private-sector pandemic-era debt like corporate bonds also soared, US government debt like Treasury bonds piled up.

In a nutshell, during the pandemic the government issued enormous amounts of extremely low interest government debt — about $4.2 trillion of it. But now interest rates, including on government debt, are higher than they have been in 15 years and investors are dumping their old low-interest debt. As they dump, the resale price of the old debt goes down. The more it declines, the more investors want to dump. And thus, a panic is born. 

To understand the problem fully, the question of US government debt has to be put into its larger context, which is: the pandemic response as a whole.

When news of the Covid virus first broke in December 2019, the 2 Year Treasury bond was being offered at 1.64% interest; the 10 year was at about 1.80%, and the resale value of such bonds on secondary markets was strong. Then, in March 2020, as Covid cases and deaths spiked, the US began to shutter its economy with panicked lockdowns that were supposed to “flatten the curve” or slow the spread of the virus and thus protect the hospitals. But Covid was politicized and the lockdowns were extended.  

As the lockdowns dragged on, the US economy began to collapse, shrinking at a record-shattering annualized rate of 31.4% during the second quarter of fiscal year 2020.

To avoid total economic devastation, the federal government began massive debt-financed spending. In March 2020, Trump signed into law the $2.2 trillion economic stimulus bill the CARES Act, or Coronavirus Aid, Relief, and Economic Security. Then, in March 2021, Biden signed the American Rescue Plan Act which contained $1.9 trillion more in Covid relief. Finally, in April 2021, another trillion or so of Covid relief arrived in the Consolidated Appropriations Act. 

Thanks to these laws, every industry and most people received public money. There was increased and extended unemployment payments, as well as the so-called “stimmy checks” or stimulus payments to everyone earning under $75,000 a year (about half the population). The Paycheck Protection Program spent almost a trillion dollars. The Provider Relief Fund doled out $178 billion to the healthcare system. 

All this debt spending kept millions of people in their homes, and helped feed, employ, and care for millions more. The measures allowed hundreds of thousands of businesses to stay afloat even as many thousands of others went under. The impact of the spending on Americans’ well-being was generally positive. For a moment, the US child poverty rate was cut in half, falling to 5.2%. 

But the economically destructive lockdowns were not necessary and did not work. Covid fanatics maintain that the lockdowns were unavoidable because the virus is so deadly. That, however, is uninformed. Last year I explained in detail how the Lockdown Left got the Covid crisis wrong. Not a single critic has challenged any of the facts I presented so there is little point in rehashing them all here. 

Those who advocated an alternative to ham-fisted lockdowns, like the authors of the Great Barrington Declaration, which called for “focused protection” of vulnerable groups like the elderly, were viciously targeted in a reputation destruction campaign covertly orchestrated by former NIH director Francis Collins and de facto Covid czar Anthony Fauci. Never mind that the document’s authors were three eminently qualified scientists: Sunetra Gupta, professor of Theoretical Epidemiology at Oxford University; Jay Bhattacharya, professor of medicine at Stanford; and Martin Kulldorff, formerly a professor of medicine and biostatistics at Harvard. They were portrayed as far-right cranks who were almost eager to see millions die. But now, they have been vindicated.

Ultimately, the federal government spent $4.2 trillion propping up the economy that it was simultaneously choking to death with lockdowns. These two contradictory pressures laid the groundwork for the recent bank failures. Government mandated lockdowns hit the economy like a body blow. Factories closed, small businesses went under, ports and logistic hubs reduced operations, and about 2 million mostly older workers simply resigned. But at the same time, the federal government injected vast amounts of purchasing power into the economy, thus boosting consumption.

These two, contradictory government moves imposed almost unbearable pressure on supply chains. As shortages mounted, prices began to surge. Put simply: lockdowns plus stimulus equaled inflation.

Consider just one of the most important bottlenecks in the whole economy. During lockdown, many commercial driving license schools were closed. This helped create a shortage of about 80,000 truckers. If trucks do not roll supplies run low and prices go up.

At first, the official line on inflation – parroted by the Lockdown Left – maintained that inflation was “transitory.” But it was not. Inflation peaked at 9.1% in June 2022 while wage growth lagged at about 5%. In April 2020 during the worst of the lockdown, the Federal Reserve’s Federal Funds Rate sank to 0.5%. By February 2022, it had only risen to 0.8%.  

Meanwhile, inflation was surging. By February 2022, inflation had reached 7.9%. Only then did the Fed, in an effort to tamp down prices, begin raising interest rates at the fastest pace rate in its history. The federal Funds rate was around 4.57% when SVB went under. Perhaps a massive wave of taxation could have soaked up enough liquidity to have helped cool prices, but that was a political impossibility. The more politically palatable response in Washington was for the Federal Reserve to raise interest rates. 

Herein lies the problem. During the height of the lockdowns, banks bought up enormous amounts of government debt. As the Wall Street Journal put it: “U.S. banks are suffering the aftereffects of a Covid-era deposit boom that left them awash in cash that they needed to put to work. Domestic deposits at federally insured banks rose 38% from the end of 2019 to the end of 2021, FDIC data show. Over the same period, total loans rose 7%, leaving many institutions with large amounts of cash to deploy in securities as interest rates were near record lows.” Awash in deposits with not enough demand for loans, the banks bought US government securities. Their purchases surged 53% between 2019 and the end of 2021, to a total of $4.58 trillion, according to Fed data reported by the Wall Street Journal.

Because so much debt was being issued, it carried super-low interest rates. For example, on July 27, 2020, the 10 Year Treasury was offered at an annual interest rate of only 0.55%. This is fine if you are the borrower of money, but if you are the lender (that is to say, a bank giving the federal government money in exchange for a Treasury bond), it means your income stream will be reduced to a mere trickle. If inflation rises, it essentially disappears. 

As the yield on new government debt reached toward 5% and inflation hung stubbornly at around 6.4%, all of that old, low-interest, pandemic-era debt started to look like garbage and banks began unloading it. The more that banks dumped old debt, the less value that debt had on resale markets. The lower its resale value, the more the banks wanted to dump it. SVB lost almost $2 billion selling off Government securities. And when they announced the loss, their stock price plunged by 60%. 

At the same time, many of SVB’s clients were withdrawing money. This was in part because rising interest rates made borrowing new money more expensive and thus incentivized the use of savings in day-to-day business operations. Also, higher inflation and higher interest rates made low-earning bank deposits less attractive and compelled depositors to redeploy their surplus capital towards higher-earning investments. So, just as SVB needed cash, deposits were evaporating.

By the end of the week of March 10, the four biggest banks in the United States had lost $51 billion because of their panicked dumping of pandemic-era debt. Right after SVB was taken under government control, state regulators closed the New York-based Signature Bank. Before the weekend was over the Federal Reserve announced the creation of a new lending facility that would ensure that “banks have the ability to meet the needs of all their depositors.” Furthermore, the Fed said it was “prepared to address any liquidity pressures that may arise.”

It would seem that the federal government is ready to execute another de facto partial nationalization of US banking, just as they did in 2008 via emergency “cash injections” and then the Troubled Assets Relief Program (TARP). In this current crisis, banks can avoid losses on their low-interest debt if they do not sell it before its maturity. For that to happen, the banks need money. The Fed has said it will pour enormous amounts of money into the banks while all of the relevant officials have proclaimed that the banking system will somehow pay for this. All of this will almost certainly mean even more government debt will be issued. 

Already, interest payments on the federal debt are one of the largest single items in the US budget – set to reach $400 billion this year. That is almost half as much as the grotesquely overdeveloped military budget. By comparison, federal spending on housing is only $78 billion.

Shoring up the banking system is necessary because if it collapses, the whole economy goes with it. At least in the short term, Americans are hostages of the US financial system. But government intervention without any new regulations and taxes upon the financial sector will likely mean more inflation and a bigger financial bubble. By refusing to properly tax the top 1%, the federal government also commits itself to more austerity for the many and more welfare for the rich, because rising government debt means a rising portion of our taxes must go toward interest payments. 

This system of crisis-prone, hyper-financialized capitalism seems ever more like a junkie. If it doesn’t get its regular fix of public sector help, it will simply collapse and die. 

Even if the federal government can stanch the current crisis, the pandemic debt story is global and very likely to cause trouble for some time to come. As a 2021 report by the World Bank put it: “The debt buildup during the pandemic-induced global recession of 2020 was the largest in several decades. This was true for all types of debt—total, government, and private debt; and advanced-economy and EMDE [emerging market and developing economy] debt; external and domestic debt. In 2020, total global debt reached 263 percent of GDP and global government debt 99 percent of GDP, their highest levels in half a century.” 

The US intelligentsia and its media elites are finally beginning to reckon with the impact of misguided and authoritarian lockdowns on student learning and the psychological and physical health of millions. But in all the discussion of the current bank runs, the pivotal role of lockdowns in priming the crisis remains overlooked.

The Devil’s Milkshake

The water’s just fine!

By Tarence Ray

Source: The Baffler

YOU’VE SEEN IT BEFORE. An industrial disaster poisons a town’s food or water supply. Residents get angry. Public officials try to dispel that anger through a public act of self-sacrifice, of reassurance. They convene a press conference, whereupon some hapless courtier brings forth a chalice of the supposedly poisoned material. And then, in front of God and the television cameras, the public official imbibes.

Examples from recent history abound. In 2019, former Japanese prime minister Shinzo Abe ate possibly irradiated rice balls from Fukushima to demonstrate the progress made toward rebuilding the prefecture since its 2011 nuclear meltdown. In 2013, former Colorado governor John Hickenlooper claimed he drank fracking fluid to assuage his constituents’ concerns around natural gas drilling. (Not “tasty,” he said.) And, most famous of all, in 2016 Barack Obama took a sip of (filtered) water from the lead-poisoned water supply of Flint, Michigan, to prove it was safe. (“This is not a stunt,” he noted of the stunt.)

Officials are already lining up to drink the forbidden poison issuing from East Palestine, Ohio. When a Norfolk Southern freight train derailed there earlier this month, producing an airborne toxic event of hazardous chemicals, concerns about the water inevitably arose. Enter one Troy Nehls, a Republican congressman from Texas, who became the first intrepid soul through the breach. On February 16, Nehls—who was inexplicably in Ohio, some fourteen hundred miles away from his district—posted a video to Twitter to get word out that the water was safe. To prove it, Nehls slurped it up. This was promptly followed by a video from Ohio lieutenant governor Jon Husted, wherein a group of public officials huddled together and threw back shots of supposed tap water like they were freshman college students out on the town.

But Nehls and Husted were just the undercard features. On February 21, following reports that Norfolk Southern had funded preliminary tests declaring the water totally safe, Ohio’s Republican governor Mike DeWine and a merry caravan, including an EPA official and a congressman, stalked around East Palestine with news cameras, gamely drinking from residents’ taps. (“That’s good,” the EPA official gushed. “That’s really cold coming from the tap.”) The photos and videos from this danse macabre mirrored Husted’s, but on a grander scale—half a dozen people standing around, toasting and clashing cups together like they were at a medieval banquet. If these dizzying trends hold, it’s probably a matter of time before Transportation Secretary Pete Buttigieg, or even President Biden, follows suit.

Years ago, I surveyed the literature looking for a name or term to describe this phenomenon of consuming potentially tainted materials. After all, it seemed to be increasing in frequency, and I’d even started witnessing it at the level of local politics. But if there was a name, I couldn’t find it. So I gave it one: the Devil’s Milkshake.

The Devil’s Milkshake is bipartisan. Neither Democrats nor Republicans hold monopoly on it. Which means it can be multiple things, depending on who wields it. To some, it’s cynical political theater, meant to make the politician look invincible and brave. To others, it can be a genuine—yet transparently phony—attempt at showing solidarity. And to others still, it abets a kind of mass hysteria, in which public officials feel increasingly pressured to outdo each other for attention and admiration.

The Devil’s Milkshake can also be an effective way for a public official to shirk any commitment to doing something about the conditions that gave rise to the disaster in the first place. One time I was at a town hall in Martin County, Kentucky, where the water system has been degraded by years of coal mining, corruption, and neglect. Residents were getting sick, and they’d convened the town hall to demand action from the local government. But instead of committing to any substantive action, one local official ran to the front of the hall and demanded a glass of that sweet local tap, so he could drink it right there on the spot, and thus prove that nothing needed changing. A few awkward minutes passed, wherein the crowd grew uncomfortable with the prospect of witnessing a man poison himself in public. So they talked the official down. To this day, Martin County’s water is still unsafe to drink.

It’s likely the Devil’s Milkshake is a modern phenomenon. After all, medieval rulers used to employ taste testers precisely in order to avoid being poisoned. But historical examples are nonetheless difficult to track down because the phenomenon has been heretofore unnamed. So I’ve had to crowdsource its history. It’s clear, reviewing this data, that public officials have had to tweak, refine, and workshop the spectacle; it developed over time through a process of trial and error.

A PhD student at Indiana University, Justin Hawkins, sent me what is perhaps the earliest historical example. In the 1850s, New York City was in the middle of an adulterated milk scandal. Across the country, thousands of infants were dying every year from milk cut with “swill”—excess mash from nearby distilleries, whitened with plaster and drained of nutrients. Tammany Hall sent an Alderman named Michael Tuomey to investigate. But Tuomey vigorously defended the dairy owners and their milk supply. While visiting one dairy, Tuomey threw back some whiskey with the farmers, concluded the milk was perfectly safe, and slandered anyone who thought otherwise as “prejudice[d].” But, as Hawkins points out, it’s unclear whether or not Tuomey’s stunt was performed before a crowd. This highlights a crucial ingredient in the Devil’s Milkshake formula: for it to be a proper Devil’s Milkshake, it must be performed in public, or at least in front of cameras.

The second criteria of the Devil’s Milkshake is that one must actually go through with it. This example came to me by way of a researcher friend, Jack Norton. It’s the story of New York governor Hugh Carey who, in 1981, volunteered to drink a big glass of polychlorinated biphenyls, or PCBs, from a contaminated state office building in order “to satisfy the unions” that the building was safe. Carey, however, was warned that doing so might actually make him sick, and so he reportedly did not follow through. He nonetheless displayed a curious willingness to put his body on the line for the sake of scoring political points.

Occasionally, the Devil’s Milkshake can be fobbed off on the inferiors or family members of the elected official trying to harness its powers. To illustrate this, we turn to our cousins across the pond. In 1990, four years after the fatal mad cow disease was discovered in Britain’s beef supply, the nation’s agriculture minister, John Selwymn Gummer, carted his four-year-old daughter before news cameras and tried to feed her an “absolutely delicious” hamburger. Six years later, researchers confirmed humans could be infected with the degenerative neurological disease—and in 2007, the daughter of a Gummer family friend died of it. Perhaps Gummer’s logic was that of a hostage taker: if his audience saw his craven recklessness, they, too, might be willing to put their lives on the line to make beef sales go up.

But perhaps the grimmest example of the Devil’s Milkshake is that of Peruvian president Alberto Fujimori and his fisheries minister, Felix Alberto Canal Torres. This story was sent to me by Twitter user @JimmyFalunGong. In 1991, cholera was spreading throughout Peru by way of raw fish, resulting in massive profit losses to the Peruvian fishing industry. In order to get the industry back on its feet, President Fujimori and Minister Torres chowed down on some raw fish live on television, hoping to encourage the public to do the same. Unfortunately, the epidemic wore on for months, eventually killing over three thousand people, and Minister Torres reportedly wound up hospitalized with cholera, no doubt acquired from the raw fish.  

The Gummer and Fujimori-Torres debacles show that, from the very beginning, the Devil’s Milkshake was always just that: a deal with the devil. A gamble. One that, if successful, could pay enormous dividends. But, if unsuccessful, could be very embarrassing. Perhaps that’s why nowadays, the Devil’s Milkshake is most likely just a stage trick. When that aide brings out the chalice, whatever’s inside almost certainly isn’t poison. It’s something harmless that is meant to look poisonous. (Someone on Twitter even pointed out that the officials taking shots of East Palestine’s water in lieutenant Governor Husted’s video had neglected to hide their bottle of Smart Water.) Besides, even if President Obama really did drink lead-poisoned water in Flint, his stunt missed the point: prolonged, chronic exposure is what leads to severe impairment, not a single sip. Race, class, and geography are the major determinants of environmental harm. Most people know this, which is why many Flint residents viewed Obama’s theatrics with skepticism.

Yet I would argue that leaders like President Obama are, like the constituents they seek to deceive, fully aware of this structural truth. It’s what makes the Devil’s Milkshake so strange. The stunt seems to be a tacit acknowledgement by the ruling class that they know the general public doesn’t trust them. (Only 19 percent of Americans believe they can trust the government “most of the time.”) Its recent proliferation must be seen as proof of a ruling class desperate to uphold the illusion of democracy. It is the last gasp of a dying order, drinking and eating its way to the grave, restrained or unwilling to fix anything, and thus doomed to play act a fantasy before klieg lights and newscasters. The dizzying amount of Devil’s Milkshake footage issuing from East Palestine only proves their desperation: these people could not be more unlike you. In fact, the only thing you have left in common with them is the fact that they, too, still have to eat food and drink water to stay alive. That’s it. The Devil’s Milkshake is a measure of the gaping chasm between you and them.

The sad thing is that, sometimes, the water or food in question is actually safe to consume. Watersheds can be hard to wrap your head around. A lot of hysterical and paranoid information leeched into the ether following the East Palestine toxic event. People upstream from the Ohio River worried that they, too, were at risk of exposure. Were boil water advisories fifty miles southeast in Pittsburgh related to the derailment—even though local officials said otherwise? Were birds dying in Kentucky because of the crash? All these places probably are under threat, but from other things entirely: chemical plants, microplastics, algae blooms, air pollution, you name it.

The public has by now seen so many of these large-scale pollution events that they well understand no one will be held accountable; that the clean-up will be, at best, half-assed; and that we’re just going to bide our time until the next one occurs. (Indeed, in the weeks since the East Palestine incident, a commercial tanker truck full of chemicals crashed outside Tucson, killing the driver and releasing a plume of nitric acid into the air; a train derailed in Texas, killing one; another train carrying coal derailed in Nebraska; and on and on.) People, naturally, have lost trust in their leaders to keep them safe. No amount of poisonous water consumed by governors, congressmen, or EPA officials will restore that trust.

This is why the Devil’s Milkshake is ultimately an insult to your intelligence. The point isn’t to give you actionable information about what’s going on. If it was, public officials would just do that, instead of histrionically parading around in front of the cameras to show off the sacrifice they’re making. Nor is the point to rebuild trust in institutions. After all, these figures could just fix the problems, and make our natural and infrastructural environments responsive to crises and safe to navigate.

No, the point of the Devil’s Milkshake is to arrest further complaint. To recycle anger back into “acceptable” forms of discourse and mechanisms of accountability. To move on, forget it ever happened. It’s almost as if, through this act of symbolic consumption, a public official telegraphs their willingness to die for corporate America’s sins. That, because they’re willing to literally metabolize the issue, it’s been addressed, processed, and fixed.

The problem with this is that no one ever forgets. People remember it all. Not just the fear and terror of seeing a black pillar of smoke towering over their community. Not just the health scares and medical bills, the family members and friends and pets dying before their time. Not just the agonizing mystery of it all, of wondering which recent toxic event is responsible for their debilitating sickness, or if they’re crazy for even having that thought.

They’ll also remember the most terrifying, mind-bending thing of all: that their leaders sacrificed them at the almighty altar of profit, and then mocked them for daring to question it. They’ll wake up in the middle of the night, their minds retracing the choreographed ritual of power known as the Devil’s Milkshake, their gleeful leaders sending up veritable toasts to the fact they were getting away with it all. And this remembering brings on a final realization: that the next time may be even worse.

Silicon Valley Bank Crisis: The Liquidity Crunch We Predicted Has Now Begun

A worker, middle, tells customers that the Silicon Valley Bank headquarters is closed on Friday, March 10, 2023, in Santa Clara, California. Silicon Valley Bank was shut down on Friday morning by California regulators and was put in control of the U.S. Federal Deposit Insurance Corporation. (Justin Sullivan/Getty Images/TNS)

By Brandon Smith

Source: Alt-Market.us

There has been an avalanche of information and numerous theories circulating the past few days about the fate of a bank in California know as SVB (Silicon Valley Bank). SVB was the 16th largest bank in the US until it abruptly failed and went into insolvency on March 10th. The impetus for the collapse of the bank is tied to a $2 billion liquidity loss on bond sales which caused the institution’s stock value to plummet over 60%, triggering a bank run by customers fearful of losing some or most of their deposits.

There are many fine articles out there covering the details of the SVB situation, but what I want to talk about more is the root of it all. The bank’s shortfalls are not really the cause of the crisis, they are a symptom of a wider liquidity drought that I predicted here at Alt-Market months ago, including the timing of the event.

First, though, let’s discuss the core issue, which is fiscal tightening and the Federal Reserve. In my article ‘The Fed’s Catch-22 Taper Is A Weapon, Not A Policy Error’, published in December of 2021, I noted that the Fed was on a clear path towards tightening into economic weakness, very similar to what they did in the early 1980s during the stagflation era and also somewhat similar to what they did at the onset of the Great Depression. Former Fed Chairman Ben Bernanke even openly admitted that the Fed caused the depression to spiral out of control due to their tightening policies.

In that same article I discussed the “yield curve” being a red flag for an incoming crisis:

…The central bank is the largest investor in US bonds. If the Fed raises interest rates into weakness and tapers asset purchases, then we may see a repeat of 2018 when the yield curve started to flatten. This means that short term treasury bonds will end up with the same yield as long term bonds and investment in long term bonds will fall.”

As of this past week the yield curve has been inverted, signaling a potential liquidity crunch. Both Jerome Powell (Fed Charman) and Janet Yellen (Treasury Secretary) have indicated that tightening policies will continue and that reducing inflation to 2% is the goal. Given the many trillions of dollars the Fed has pumped into the financial system in the past decade as well as the overall weakness of general economy, it would not take much QT to crush credit markets and by extension stock markets.

As I also noted in 2021:

We are now at that stage again where price inflation tied to money printing is clashing with the stock market’s complete reliance on stimulus to stay afloat. There are some that continue to claim the Fed will never sacrifice the markets by tapering. I say the Fed does not actually care, it is only waiting for the right time to pull the plug on the US economy.”

But is that time now?  I expanded on this analysis in my article ‘Major Economic Contraction Coming In 2023 – Followed By Even More Inflation’, published in December of 2022. I noted that:

This is the situation we are currently in today as 2022 comes to a close. The Fed is in the midst of a rather aggressive rate hike program in a “fight” against the stagflationary crisis that they created through years of fiat stimulus measures. The problem is that the higher interest rates are not bringing prices down, nor are they really slowing stock market speculation. Easy money has been too entrenched for far too long, which means a hard landing is the most likely scenario.”

I continued:

In the early 2000s the Fed had been engaged in artificially low interest rates which inflated the housing and derivatives bubble. In 2004, they shifted into a tightening process. Rates in 2004 were at 1% and by 2006 they rose to over 5%. This is when cracks began to appear in the credit structure, with 4.5% – 5.5% being the magic cutoff point before debt became too expensive for the system to continue the charade. By 2007/2008 the nation witnessed an exponential implosion of credit…”

Finally, I made my prediction for March/April of 2023:

Since nothing was actually fixed by the Fed back then, I will continue to use the 5% funds rate as a marker for when we will see another major contraction…The 1% excise tax added on top of a 5% Fed funds rate creates a 6% millstone on any money borrowed to finance future buybacks. This cost is going to be far too high and buybacks will falter. Meaning, stock markets will also stop, and drop. It will likely take two or three months before the tax and the rate hikes create a visible effect on markets. This would put our time frame for contraction around March or April of 2023.”

We are now in the middle of March and it appears that the first signs of liquidity crisis are bubbling to the surface with the insolvency of SVB and the shuttering of another institution in New York called Signature Bank.

Everything is tied back to liquidity. With higher rates, banks are hard-pressed to borrow from the Fed and companies are hard-pressed to borrow from banks. This means companies that were hiding financial weakness and exposure to bad investments using easy credit no longer have that option. They won’t be able to artificially support operations that are not profitable, they will have to abandon stock buybacks that make their shares appear valuable and they will have to initiate mass layoffs in order to protect their bottom line.

SVB is not quite Bear Stearns, but it is likely a canary in the coal mine, telling us what is about to happen on a wider scale. Many of their depositors were founded in venture capital fueled by easy credit, not to mention all the ESG related companies dependent on woke loans. That money is gone – It’s dead. Those businesses are quietly but quickly crumbling which also conjured a black hole for deposits within SVB. It’s a terribly destructive cycle. Surely, there are numerous other banks in the US in the same exact position.

I believe this is just the beginning of a liquidity and credit crisis that will combine with overt inflation to produce perhaps the biggest economic crash America has ever seen. SVB’s failure may not be THE initiator, only one among many. I suspect that in this scenario larger US banks may avoid the kind of credit crash that we saw with Bear Stearns and Lehman Brothers in 2008. But, contagion could still strike multiple mid-sized banks and the effects could be similar in a short period of time.

With all the news flooding the wire on SVB it’s easy to forget that all of this boils down to a single vital issue: The Fed’s stimulus measures created an economy utterly addicted to easy and cheap liquidity. Now, they have taken that easy money away. In light of the SVB crash, will the central bank reverse course on tightening, or will they continue forward and risk contagion?

For now, Janet Yellen and the Fed have implemented a limited backstop and a guarantee on deposits at SVB and Signature. This will theoretically prevent a “haircut” on depositor accounts and lure retail investors with dreams of endless stimulus.  It is a half-measure, though – Central bankers have to at least look like they are trying. 

SVB’s assets sit at around $200 billion and Signature’s assets are around $100 billion, but what about interbank exposure and what about the wider implications?  How many banks are barely scraping by to meet their liquidity obligations, and how many companies have evaporating deposits?  The backstop will do nothing to prevent a major contagion.

There are many financial tricks that might slow the pace of a credit crash, but not by much.  And, here’s the kicker – Unlike in 2008, the Fed has created a situation in which there is no escape. If they do pivot and return to systemic bailouts, stagflation will skyrocket even more. If they don’t use QE, then banks crash, companies crash and even bonds become untenable, which puts the world reserve status of the Dollar under threat. What does that lead to? More stagflation. In either case, rapidly rising prices on most necessities will be the consequence.

How long will this process take? It all depends on how the Fed responds. They might be able to drag the crash out for a few months with various stop-gaps. If they go back to stimulus then the banks will be saved along with equities (for a while) but rising inflation will suffocate consumers in the span of a year and companies will still falter. My gut tells me that they will rely on contained interventions but will not reverse rate hikes as many analysts seem to expect.

The Fed will goose markets up at times using jawboning and false hopes of a return to aggressive QE or near-zero rates, but ultimately the trend of credit markets and stocks will be steady and downward.  Like a brush fire in a wind storm, once the flames are sparked there is no way to put things back the way they were.  If their goal was in fact a liquidity crunch, well, mission accomplished.  They have created that exact scenario.  Read my articles linked above to understand why they might do this deliberately.

In the meantime, it appears that my predictions on timing are correct so far. We will have to wait and see what happens in the coming weeks. I will keep readers apprised of events as new details unfold.  The situation is rapidly evolving.

In a Multipolar World, the Idea of a New World Order Dies

By Timothy Alexander Guzman

Source: Silent Crow News

When former US President and war criminal George W. Bush and his neocon regime launched their anti-terrorism campaign after the September 11th attacks, he declared that “Every nation, in every region, now has a decision to make. Either you are with us, or you are with the terrorists.”  Western threats against the Global South continues today.  In the recent Munich Security Conference 2023, German Foreign Minister Annalena Baerbock said that “Neutrality is not an option, because then you are standing on the side of the aggressor,” she continued “and this is a plea we are also giving next week to the world again:  Please take a side, a side for peace, a side for Ukraine, a side for the humanitarian international law, and these times this means also delivering ammunition so Ukraine can defend itself.”  Most of the world does not agree with Western leaders that Russia is the aggressor in this conflict.  Ukraine goal is to become a member of NATO which would be a threat to Russia’s security concerns right on its borders.  As history shows, it was Ukraine who has bombed the Donbas region for more than 8 years which includes the areas of Donetsk and Luhansk killing more than 8,000 people with the help of US-NATO forces whose sole purpose is to destroy Russia.  This is the work of the Western powers who want nothing more than to contain Russia’s rise as a major player on the world stage.        

Not only Russia has been a victim of Western aggression, many countries in the Global South has also witnessed endless wars, coups and regime change operations with western-backed color revolutions since the end of World War II.  Since the war started in Ukraine, it is only now that the mainstream media is starting to take notice that the Global South is starting to rebel against Western powers on many levels at least according to France24.com, ‘Ukraine war exposes splits between Global North and South’ reflects on the current situation that “a tectonic chasm appears to have split the Global North from the Global South. Confronted with the sort of aggression and territorial expansionism that the postwar world order was designed to avert, the Western alliance, also called the Global North, has overcome competition and rivalries to maintain unity.” The West defeated their “competition and rivalries” by bombing countries back to the stone age like they did to Iraq and Libya.  It is well known that Saddam Hussein and Muammar Gaddafi wanted to change course in how their countries conducted business with the rest of the world by abandoning the use of US dollars in favor of other currencies.  In the case of Iraq, the US and its allied partners were also doing Israel a favor in destroying an adversary.  So, a shift has taken place with “more than 70 years after the end of World War II, several countries of Asia, Africa, the Middle East, and South America that were “emerging” for decades have essentially emerged on the world stage” forming what is now known as the ‘Global South.’

The war in Ukraine has changed everything for the globalists insane vision for humanity, now they accuse Russia of being the aggressor for expanding its footprint in Ukraine but ignoring the 8-year bombing campaign in the Donbas region by the Ukrainian forces with NATO’s assistance.  Did the US and in most cases their NATO allies “avert” their own “aggressive” wars against Vietnam, Iraq, or Libya?  As for “territorial expansion” doesn’t the US, France, and other Western powers still have colonies around the world?  The US also illegally occupies northern Syria and Iraq with military bases, and that is a form of territorial expansion. 

Newsweek published an interesting opinion piece by Michael Gfoeller and David H. Rundell, ‘Nearly 90 Percent of the World Isn’t Following Us on Ukraine | Opinion’ says that there is a growing anti-Western sentiment in the Global South:

Alliances that were created in part to counter Western economic and political influence are expanding. Egypt, Saudi Arabia, and Turkey have announced their interest in joining the BRICS (Brazil, Russia, India, China, and South Africa). The Shanghai Cooperative Organization currently links China, Russia, India, and Pakistan, among others. Iran plans to join this month while Bahrain, Egypt, Saudi Arabia, and Qatar are likely to become “dialogue partners,” or candidate members.

Additionally, China’s ambitious Belt and Road Initiative is tying many African nations to Beijing with cords of trade and debt. Russia is also reaching out in the form of Foreign Minister Sergey Lavrov, who recently addressed his 22 Arab League counterparts in Cairo before touring a number of African countries.

If that’s not enough to give the West pause, Moscow is again on the offensive in Latin America, strengthening its military relationships with Nicaragua, Venezuela, and Cuba. The two powerhouses of that region, Brazil, and Mexico, have pointedly refused to back Western sanctions against Russia

Gfoeller and Rundell admit on a mainstream media news magazine that dollarsare tools of economic warfare from imposing crippling sanctions to asset seizures on countries who don’t follow Washington’s orders, but it is only an opinion piece, obviously not an article that will make the front-page news:  

The dollar’s reserve currency status remains a pillar of the global economic order, but trust in that order has been damaged. Economic sanctions have weaponized parts of the international banking and insurance sectors including the SWIFT fund transfer system. Assets have been seized and commodity contracts canceled. Calls for de-dollarization have become louder. When Russia demanded energy payments in rubles, yuan or UAE Dirhams, China and India complied.

These concerns are generating considerable anti-Western sentiment across much of the Global South. While a nuclear-armed Russia shows no willingness to end a war its leaders cannot afford to lose; the West is rapidly losing the rest and thus undermining the very rules-based international order it has sought to create. Our most promising solution to this dilemma is likely to be some sort of diplomatic compromise

Yes, it’s true the dynamics of the world order has changed dramatically since the day US President George H.W. Bush (whose father Prescott Bush, a founder of the Union Banking Corporation, an investment bank that had ties to a German businessman, Fritz Thyssen who supported the Nazis) gave a speech on the invasion of Iraq on January 16th, 1991.  Here is part of what he said:

This is an historic moment. We have in this past year made great progress in ending the long era of conflict and cold war. We have before us the opportunity to forge for ourselves and for future generations a new world order—a world where the rule of law, not the law of the jungle, governs the conduct of nations. When we are successful—and we will be—we have a real chance at this new world order, an order in which a credible United Nations can use its peacekeeping role to fulfill the promise and vision of the U.N.’s founders

They had passed the test then, today, it’s a different story, the world is tired of Western hypocrisy, of its continuous wars and CIA-backed coups against their governments who don’t always agree with their prescriptions for democracy.  However, the idea of a new world order did not begin with Bush Sr, it began after the creation of the League of Nations after World War I when US President Woodrow Wilson called for a new world order to enhance global security and democracy.  But the idea of forming a new world order or globalist empire to impose a rules-based order should be a forgone conclusion, they don’t work, and they are destructive.  Globalist power structures or empires eventually destroy themselves from within, so, is it worth it for the regime in power?  Some people would also say that Russia and China want to rule the world.  They don’t, they know managing an empire is immoral, extremely costly, and incredibly ridicules to rule a world full of different ideas, cultures, ethnicities, and languages.  They know that diplomacy, respect, and trade is a better option for the sake of humanity.  Now, does it mean that in a multipolar world, future wars will be prevented? Not necessarily, but at least it’s worth a try given the fact that the US and its Western allies have created nothing but wars and chaos since the end of World War II and now we are at a point that this world order-based system is about to unleash a devastating war involving nuclear weapons.    

Since World War II, it has been the US at the forefront who has been building a world order based on its hegemonic projections to control every nation on earth.  China’s Ministry of Foreign Affairs decided to take the gloves off and publish, ‘US Hegemony and Its Perils’ which exposes how the US has used its superpower status including its economic, financial, political, and military machine to create their ‘hegemonic playbook:

The United States has developed a hegemonic playbook to stage “color revolutions,” instigate regional disputes, and even directly launch wars under the guise of promoting democracy, freedom and human rights. Clinging to the Cold War mentality, the United States has ramped up bloc politics and stoked conflict and confrontation. It has overstretched the concept of national security, abused export controls and forced unilateral sanctions upon others. It has taken a selective approach to international law and rules, utilizing or discarding them as it sees fit, and has sought to impose rules that serve its own interests in the name of upholding a “rules-based international order.”

This report, by presenting the relevant facts, seeks to expose the U.S. abuse of hegemony in the political, military, economic, financial, technological, and cultural fields, and to draw greater international attention to the perils of the U.S. practices to world peace and stability and the well-being of all peoples

China is not seeking to become the next empire as the mainstream media is warning about especially FOX news and others.  In 2018, Dr. Chandra Muzaffar, a Malaysian political scientist and activist wrote ‘China, A New Imperial Power? asked in his introduction “Is China a new imperial power threatening some of the developing economies in Asia and Africa?”  He said that “this is a perception that is being promoted through the media by certain China watchers in universities and think-tanks mainly in the West, various politicians and by a segment of the global NGO community.”  One of the red flags for US and European media networks was that China was offering unpayable loans to poor countries in what was and still is considered a “debt trap” at least to the China war hawks in Washington.  Dr. Muzaffar explains why the West is wrong about China’s debt trap concerning one of the countries who accepted a loan and that is Pakistan:

Pakistan has taken loans from China for projects under the China Pakistan Economic Corridor (CPEC). The US 50 billion CPEC is a network of infrastructure projects that are currently under construction throughout Pakistan that will connect China’s Xinjiang province with Gwadar port in Pakistan’s Balochistan province. A number of these projects will strengthen Pakistan’s energy sector which is vital for its economic growth. They will help to reduce its severe trade deficit. Debt servicing of CPEC loans which will only start this year amounts to less than 80 million.

Pakistan’s largest creditors are not China, but Western countries and multilateral lenders led by the IMF and international commercial banks. Its foreign debt “is expected to surpass 95 billion this year and debt servicing is projected to reach 31 billion by 2022-2023.” There is evidence to show that its creditors “have been actively meddling in Pakistan’s fiscal policies and its sovereignty through debt rescheduling programs and the conditionalities attached to IMF loans”

He also says that the majority of Africa’s long-term debt has been managed by the International Monetary Fund (IMF) and the World Bank but says that “many African states have Chinese debt. This in itself is not a problem — provided loans are utilized for the public good. In this regard, infrastructure financing under the Belt and Road Initiative (BRI) — building ports, railways and fiber-optic cables — appears to be a major component of China’s involvement in Africa.” 

Djibouti had excepted 1.4 billion from China that allowed China to build its first military base.  Western bureaucrats and military officials claimed that China is expanding its empire in Africa according to a report by the US Naval Institute (USNI) on what U.S. Africa Commander Army Gen. Stephen Townsend told the House Armed Services Committee back in April 2021 “that the People’s Liberation Army was expanding its existing naval installation adjacent to a Chinese-owned commercial deep-water port and also seeking other military basing options elsewhere on the continent” and that “Their first overseas military base, their only one, is in Africa, and they have just expanded that by adding a significant pier that can even support their aircraft carriers in the future. Around the continent they are looking for other basing opportunities.” Dr. Muzaffar reminds us that “It should be noted at the same time that Djibouti also hosts the largest US military base in Africa” However, he also makes the case that China’s rise is economic in nature while the West continues its neocolonial agenda:

Djibouti aside, Chinese ventures in Africa have been almost totally economic. The quid pro quo for the Chinese it is true has been access to the continent’s rich natural resources. But it is always access, never control. Control over the natural resources of the nations they colonised was the driving force behind 19th century Western colonialism. Control through pliant governments and, in extreme cases, via regime change continues to be a key factor in the West’s — especially the US’s — quest for hegemony over Africa and the rest of the contemporary world.

It is because China’s peaceful rise as a global player challenges that hegemony that the centres of power in the West are going all out to denigrate and demonise China. Labelling China as a new imperial or colonial power is part of that vicious propaganda against a nation, indeed a civilisation that has already begun to change the global power balance. It is a change — towards a more equitable distribution of power — that is in the larger interest of humanity. For that reason, the people of the world should commit themselves wholeheartedly to the change that is embracing all of us

China understands what invading empires are capable of since they were invaded themselves by Japan’s Imperial forces during World War II which was a horrible occupation that led to the countless deaths and the destruction of Chinese society.  The Soviets also lived through the horrors of Hitler’s invading forces.  Maintaining an empire is immoral and costly, so rising powers such as China, Russia or India are not interested in controlling and occupying any sovereign countries for their political or economic gain.   

A Multipolar World is Inevitable as the UN Vote to Condemn Russia Invasion Fails  

Western nations and their allies including the US, European Union, Canada, Australia, UK, Japan, South Korea, Taiwan, and other puppet governments represent more than 1 billion people which has been held together under a rules-based unipolar world order, as for the Global South, it accounts for more than 6 billion people.  Regarding the war in Ukraine, many countries who are part of the Global South abstained from voting for a UN General Assembly on March 2nd, 2022, to condemn Russia’s invasion including 17 African countries.  The East African ‘17 African countries abstain from UN vote to condemn Russia invasion’ said that more than 35 countries had decided to abstain from voting to condemn Russia’s invasion of Ukraine “Some 35 countries abstained from the vote, including Russia and China, and African states – Burundi, Senegal, South Sudan, South Africa, Uganda, Mali and Mozambique.”  Algeria, Bolivia, Cuba, Iran, Iraq, Laos, Mozambique, Nicaragua, Pakistan, South Africa, and Vietnam also Abstained shows that the tide is turning against the West.  Those who voted against the resolution was Belarus, Eritrea, North Korea, and Syria.  Times are changing indeed. 

The European branch of Carnegie Endowment for International Peace or Carnegieeurope.eu published an article by Senior fellow Stefan Lehne ‘After Russia’s War Against Ukraine: What Kind of World Order?’ began his piece with the European Union’s foreign affairs chief, Josep Borrell and his comments on the difference between Europe and the rest of the world or as Borrell called the “jungle” earned protests and was criticized for it.  Borrel said that “the best combination of political freedom, economic prosperity and social cohesion that humankind has been able to build” as he compared Europe to the Global South by saying that “most of the world is a jungle and the jungle could invade the garden.”  Lehne tried to justify Borrell’s comments by saying that “this was likely a reference to Robert Kagan’s 2018 book, The Jungle Grows Back: America and Our Imperiled World.” Lehne said that Kagan’s book “amounts to a stark warning about the consequences of a U.S. retreat from its global responsibilities. Kagan writes that without determined American leadership, nations would revert to traditional patterns of behavior and the world would relapse into disorder, darkness, and chaos.”  So according to the European establishment and evidently, Robert Kagan who is the husband of Victoria Nuland who supported the coup in Ukraine back in 2014, only Europe and the US can lead the global population into a just, prosperous future even though they are responsible for many of the problems the world faces today.  The fact is that Western powers support and sometimes participate in continues wars, maintain colonial possessions, impose economic and political sanctions against those who did not follow orders to offering poor nations loans from globalist institutions such as the World Bank or the IMF that can never be repaid to organizing regime change and coups against governments they don’t like.  This is not to say that there are a handful of countries in the Global South who will betray their people for political or economic gain who will join the West if the opportunity arises such as the Brazilian president, Lula De Silva.  Overall, it is the West who has created most of the disorder, darkness, and chaos around the world in the first place. 

As for Russia, Lehne says that “Russia turned into an aggressive revisionist power.”  But he fails to mention that the actions by US-NATO forces politically and militarily caused Russia to become aggressive.  “As demonstrated by Russia’s war in Georgia in 2008, its annexation of Crimea and intervention in the Donbas in 2014, and its invasion of Ukraine in 2022, the leadership in Moscow is determined to reverse some of the losses of the 1990s, increase Russia’s territory, and establish robust zones of influence.”  So now Russia wants to expand its territory?  So after, Ukraine the Russians will invade Poland, Finland, perhaps Italy, maybe Spain?    

I disagree with Lehne’s conclusion that “Globalization has slowed but will not be completely reversed.”  The Global South is already reversing the stranglehold of Western powers on many levels.  One good example is what is happening in the African country of Burkina Faso as the government demanded that French troops withdraw from the country during rising tensions between both governments according to an africanews.com in a recent article ‘Burkina Faso confirms demanding France to withdraw troops’ reported that “The Burkina Faso government clarified on Monday that it has asked ex-colonial ruler France to pull its troops out of the insurgency-hit country within a month.”  France has more than 400 special forces troops in what is called the junta-ruled nation.  Spokesman Jean-Emmanuel Ouedraogo told Radio-Television du Burkina that“We are terminating the agreement which allows French forces to be in Burkina Faso,” government.”  He said that diplomatic relations will not end despite increasing tensions between both governments, but that is just one example.  Stepan Lehne believes that economic interdependence and international communications will need Western institutions and that is why he believes that the “the current multilateral system inherited from the postwar period will therefore survive.”  Lehne does see the reality that the world order is becoming irrelevant in the years to come “But the commitment to its rules will continue to diminish, and power politics and transactional dealmaking will often prevail.” 

The US-NATO Agenda: Balkanize Russia and Then Go to War Against China

As we all know, the US-NATO alliance is waging a proxy war in Ukraine to destabilize Russia. The ultimate goal is to balkanize Russia as they did to the former Yugoslavia.  Washington’s war hawks both Democrat and Republican, long dreamed of breaking up Russia to prevent it from becoming a rising political and economic power on the world stage.  Russia hater Zbigniew Brzezinski, a former US national security advisor to President, Jimmy Carter, a professor at Columbia University and a member of the Council of Foreign Relations (CFR) and the Bilderberg group wrote ‘The Grand Chessboard: American Primacy and Its Geostrategic Imperatives’ which was published in 1998 clearly stated that “It is imperative that no Eurasian challenger emerges, capable of dominating Eurasia and thus of also challenging America.”

As for the rise of China, the US is in the stages of planning for a war.   On January 28th, 2023, Reuter’s published ‘U.S. four-star general warns of war with China in 2025’ that “A four-star U.S. Air Force general said in a memo that his gut told him the United States would fight China in the next two years” General Mike Minihan, who heads the Air Mobility Command said, “I hope I am wrong,” he continued “My gut tells me will fight in 2025.”  The bottom line is that the US and European bureaucrats, international bankers, corporations, intelligence agencies and their Military-Industrial Complex known as the MIC all fear a multipolar world and that’s why the talk of war with Russia and China is a major part of their agenda. 

A joint statement between Russia and China was released on February 4th, here is part of the statement:

The sides support the deepened strategic partnership within BRICS, promote the expanded cooperation in three main areas: politics and security, economy and finance, and humanitarian exchanges. In particular, Russia and China intend to encourage interaction in the fields of public health, digital economy, science, innovation and technology, including artificial intelligence technologies, as well as the increased coordination between BRICS countries on international platforms. The sides strive to further strengthen the BRICS Plus/Outreach format as an effective mechanism of dialogue with regional integration associations and organizations of developing countries and States with emerging markets

The West fears the BRICS coalition and their potential to draw in the rest of the Global South.  Speaking of the Global South, an interesting analysis by the Bennet Institute for Public Policy’ sponsored by the University of Cambridge called the ‘War in Ukraine widens global divide in public attitudes to US, China and Russia – report’ suggests that the Global South and their support for China, Russia or both has increased significantly: 

However the report also identifies a zone of illiberal and undemocratic societies, stretching from East Asia through the Middle East and out towards West Africa, characterised by the exact opposite trend: populations that have steadily increased support for China, Russia, or both, in recent years. 

Among the 1.2 billion people who inhabit the world’s liberal democracies, three-quarters (75%) now hold a negative view of China, and 87% a negative view of Russia, according to the report, published today by the University’s Centre for the Future of Democracy (CFD).

Yet among the 6.3 billion who live in the world’s remaining 136 countries, the opposite is the case – with 70% of people feeling positively towards China and 66% towards Russia.  The analysis includes significant public opinion data from emerging economies and the Global South, and suggests this divide is not just economic or strategic but based in personal and political ideology

Is the Idea of a New World Order Dead?  

The Multipolar world is becoming a reality for Washington, Brussels, and the rest of their allies as their relevance is starting to diminish in the coming years, but Washington and its NATO lapdogs are willing to launch World War III against Russia and China and whoever they consider an enemy even if it means starting a nuclear war so that their world order remains relevant.  Is the West willing to risk a nuclear war for the sake of their world order even if it kills them in the process?  In the case of a nuclear war, where will the Western bureaucrats, bankers, corporate leaders, and their families run to?  Patagonia, Argentina? perhaps to one of the small islands in the pacific, maybe Fiji?  These Western leaders do not care about their citizens, they are psychopaths who are power hungry, and they will do anything they can to remain in power even if it means that their own lives will be at risk in the event of a nuclear war between the east and the west.  

Hopefully, the West will come to its senses and try to make peace with the rest of the world and abandon its idea of globalism, but from what we see in the war in Ukraine and their saber-rattling with China over Taiwan, they won’t.  Globalist David Rockefeller once said that “We are on the verge of a global transformation. All we need is the right major crisis and the Nations will accept the New World Order!” well, Rockefeller must be rolling in his grave because the world is experiencing a different kind of crisis that is challenging the economic, political, and military landscape that has been in place for centuries.    

Will there be problems and conflicts in a Multipolar world? maybe, anything is possible, but it is fair to say that the world needs something different because from what has happened in the last 500 years with Britain, France, Spain, and the Netherlands and centuries later, the US as global rulers, they only led the world to endless wars and bloodshed, so it’s time for a change.  What the world needs a new system where diplomacy, respect, and trade is the rule of law rather than wars, regime change, economic sanctions, interfering in foreign elections, biological warfare, and political assassinations.  A Multipolar world has the chance to establish a balanced landscape where no Western power can dictate its rules-based order to its former colonies and to the rest of the planet, a new landscape where even the thought of a nuclear war becomes unthinkable, and that’s the kind of world we all want.