Tag Archives: financial crisis

Who Profits from the Pandemic?

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West Virginia National Guard members reporting to a Charleston nursing home to assist with Covid-19 testing. April 6, 2020. (U.S. Army National Guard, Edwin L. Wriston)

By Pepe Escobar

Source: Consortium News

You don’t need to read Michel Foucault’s work on biopolitics to understand that neoliberalism – in deep crisis since at least 2008 – is a control/governing technique in which surveillance capitalism is deeply embedded.

But now, with the world-system collapsing at breathtaking speed, neoliberalism is at a loss to deal with the next stage of dystopia, ever present in our hyper-connected angst: global mass unemployment.

Henry Kissinger, anointed oracle/gatekeeper of the ruling class, is predictably scared. He claims that, “sustaining the public trust is crucial to social solidarity.” He’s convinced the Hegemon should “safeguard the principles of the liberal world order.” Otherwise, “failure could set the world on fire.”

That’s so quaint. Public trust is dead across the spectrum. The liberal world “order” is now social Darwinist chaos. Just wait for the fire to rage.

The numbers are staggering. The Japan-based Asian Development Bank (ADB), in its annual economic report, may not have been exactly original. But it did note that the impact of the “worst pandemic in a century” will be as high as $4.1 trillion, or 4.8 percent of global GDP.

This an underestimation, as “supply disruptions, interrupted remittances, possible social and financial crises, and long-term effects on health care and education are excluded from the analysis.”

We cannot even start to imagine the cataclysmic social consequences of the crash. Entire sub-sectors of the global economy may not be recomposed at all.

The International Labor Organization (ILO) forecasts global unemployment at a conservative, additonal 24.7 million people – especially in aviation, tourism and hospitality.

The global aviation industry is a humongous $2.7 trillion business. That’s 3.6 percent of global GDP. It employs 2.7 million people. When you add air transport and tourism —everything from hotels and restaurants to theme parks and museums — it accounts for a minimum of 65.5 million jobs around the world.

According to the ILO, income losses for workers may range from $860 billion to an astonishing $3.4 trillion. “Working poverty” will be the new normal – especially across the Global South.

“Working poor,” in ILO terminology, means employed people living in households with a per capita income below the poverty line of $2 a day. As many as an additional 35 million people worldwide will become working poor in 2020.

Switching to feasible perspectives for global trade, it’s enlightening to examine that this report about how the economy may rebound is centered on the notorious hyperactive merchants and traders of Yiwu in eastern China – the world’s busiest small-commodity, business hub.

Their experience spells out a long and difficult recovery. As the rest of the world is in a coma, Lu Ting, chief China economist at Nomura in Hong Kong stresses that China faces a 30 percent decline in external demand at least until next Fall.

Neoliberalism in Reverse?

In the next stage, the strategic competition between the U.S. and China will be no-holds-barred, as emerging narratives of China’s new, multifaceted global role – on trade, technology, cyberspace, climate change – will set in, even more far-reaching than the New Silk Roads. That will also be the case in global public health policies. Get ready for an accelerated Hybrid War between the “Chinese virus” narrative and the Health Silk Road.

The latest report by the China Institute of International Studies would be quite helpful for the West — hubris permitting — to understand how Beijing adopted key measures putting the health and safety of the general population first.

Now, as the Chinese economy slowly picks up, hordes of fund managers from across Asia are tracking everything from trips on the metro to noodle consumption to preview what kind of economy may emerge post-lockdown.

In contrast, across the West, the prevailing doom and gloom elicited a priceless editorial from The Financial Times. Like James Brown in the 1980s Blues Brothers pop epic, the City of London seems to have seen the light, or at least giving the impression it really means it. Neoliberalism in reverse. New social contract. “Secure” labor markets. Redistribution.

Cynics won’t be fooled. The cryogenic state of the global economy spells out a vicious Great Depression 2.0 and an unemployment tsunami. The plebs eventually reaching for the pitchforks and the AR-15s en masse is now a distinct possibility. Might as well start throwing a few breadcrumbs to the beggars’ banquet.

That may apply to European latitudes. But the American story is in a class by itself.

For decades, we were led to believe that the world-system put in place after WWII provided the U.S. with unrivalled structural power. Now, all that’s left is structural fragility, grotesque inequalities, unpayable Himalayas of debt, and a rolling crisis.

No one is fooled anymore by the Fed’s magic quantitative easing powers, or the acronym salad – TALF, ESF, SPV – built into the Fed/U.S. Treasury exclusive obsession with big banks, corporations and the Goddess of the Market, to the detriment of the average American.

It was only a few months ago that a serious discussion evolved around the $2.5 quadrillion derivatives market imploding and collapsing the global economy, based on the price of oil skyrocketing, in case the Strait of Hormuz – for whatever reason – was shut down.

Now it’s about Great Depression 2.0: the whole system crashing as a result of the shutdown of the global economy. The questions are absolutely legitimate: is the political and social cataclysm of the global economic crisis arguably a larger catastrophe than Covid-19 itself?  And will it provide an opportunity to end neoliberalism and usher in a more equitable system, or something even worse?

 ‘Transparent’ BlackRock

Wall Street, of course, lives in an alternative universe. In a nutshell, Wall Street turned the Fed into a hedge fund. The Fed is going to own at least two thirds of all U.S. Treasury bills in the market before the end of 2020.

The U.S. Treasury will be buying every security and loan in sight while the Fed will be the banker – financing the whole scheme.

So essentially this is a Fed/Treasury merger. A behemoth dispensing loads of helicopter money.

And the winner is BlackRock—the biggest money manager on the planet, with tentacles everywhere, managing the assets of over 170 pension funds, banks, foundations, insurance companies, in fact a great deal of the money in private equity and hedge funds. BlackRock — promising to be fully  “transparent” — will buy these securities and manage those dodgy SPVs on behalf of the Treasury.

BlackRock, founded in 1988 by Larry Fink, may not be as big as Vanguard, but it’s the top investor in Goldman Sachs, along with Vanguard and State Street, and with $6.5 trillion in assets, bigger than Goldman Sachs, JP Morgan and Deutsche Bank combined.

Now, BlackRock is the new operating system (OS) of the Fed and the Treasury. The world’s biggest shadow bank – and no, it’s not Chinese.

Compared to this high-stakes game, mini-scandals such as the one around Georgia Senator Kelly Loffler are peanuts. Loffler allegedly profited from inside information on Covid-19 by the CDC to make a stock market killing. Loffler is married to Jeffrey Sprecher – who happens to be the chairman of the NYSE, installed by Goldman Sachs.

While corporate media followed this story like headless chickens, post-Covid-19 plans, in Pentagon parlance, “move forward” by stealth.

The price? A meager $1,200 check per person for a month. Anyone knows that, based on median salary income, a typical American family would need $12,000 to survive for two months. Treasury Secretary Steven Mnuchin, in an act of supreme effrontry, allows them a mere 10 percent of that. So American taxpayers will be left with a tsunami of debt while selected Wall Street players grab the whole loot, part of an unparalleled transfer of wealth upwards, complete with bankruptcies en masse of small and medium businesses.

Fink’s letter to his shareholders almost gives the game away: “I believe we are on the edge of a fundamental reshaping of finance.”

And right on cue, he forecasted that, “in the near future – and sooner than most anticipate – there will be a significant reallocation of capital.”

He was referring, then, to climate change. Now that refers to Covid-19.

Implant Our Nanochip, Or Else?

The game ahead for the elites, taking advantage of the crisis, might well contain these four elements: a social credit system, mandatory vaccination, a digital currency and a Universal Basic Income (UBI). This is what used to be called, according to the decades-old, time-tested CIA playbook, a “conspiracy theory.” Well, it might actually happen.

A social credit system is something that China set up already in 2014. Before the end of 2020, every Chinese citizen will be assigned his/her own credit score – a de facto “dynamic profile”, elaborated with extensive use of AI and the internet of things (IoT), including ubiquitous facial recognition technology. This implies, of course, 24/7 surveillance, complete with Blade Runner-style roving robotic birds.

The U.S., the U.K., France, Germany, Canada, Russia and India may not be far behind. Germany, for instance, is tweaking its universal credit rating system, SCHUFA. France has an ID app very similar to the Chinese model, verified by facial recognition.

Mandatory vaccination is Bill Gates’s dream, working in conjunction with the WHO, the World Economic Forum (WEF) and Big Pharma. He wants “billions of doses” to be enforced over the Global South. And it could be a cover to everyone getting a digital implant.

Here it is, in his own words. At 34:15: “Eventually what we’ll have to have is certificates of who’s a recovered person, who’s a vaccinated person…Because you don’t want people moving around the world where you’ll have some countries that won’t have it under control, sadly. You don’t want to completely block off the ability for people to go there and come back and move around.”

Then comes the last sentence which was erased from the official TED video. This was noted by Rosemary Frei, who has a master on molecular biology and is an independent investigative journalist in Canada. Gates says: “So eventually there will be this digital immunity proof that will help facilitate the global reopening up.”

This “digital immunity proof” is crucial to keep in mind, something that could be misused by the state for nefarious purposes.

The three top candidates to produce a coronavirus vaccine are American biotech firm Moderna, as well as Germans CureVac and BioNTech.

Digital cash might then become an offspring of blockchain. Not only the U.S., but China and Russia are also interested in a national crypto-currency. A global currency – of course controlled by central bankers – may soon be adopted in the form of a basket of currencies, and would circulate virtually. Endless permutations of the toxic cocktail of IoT, blockchain technology and the social credit system could loom ahead.

Already Spain has announced that it is introducing UBI, and wants it to be permanent. It’s a form insurance for the elite against social uprisings, especially if millions of jobs never come back.

So the key working hypothesis is that Covid-19 could be used as cover for the usual suspects to bring in a new digital financial system and a mandatory vaccine with a “digital identity” nanochip with dissent not tolerated: what Slavoj Zizek calls the “erotic dream” of every totalitarian government.

Yet underneath it all, amid so much anxiety, a pent-up rage seems to be gathering strength, to eventually explode in unforeseeable ways. As much as the system may be changing at breakneck speed, there’s no guarantee even the 0.1 percent will be safe.

The Elite’s COVID-19 Coup Against a Terrified Humanity: Resisting Powerfully

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By Robert J. Burrowes

I have previously explained how the COVID-19 infection is being used to frighten us into submitting powerlessly to the global elite’s latest move to take much greater control of our lives and how those who can perceive this, and wish to resist it, can do so effectively. See ‘Observing Elites Manipulate Our Fear: COVID-19, Propaganda and Knowledge’ and ‘Defending Humanity Against the Elite Coup’.

In this article I want to document a sample of the rapidly increasing evidence of how this coup is taking shape and to reiterate a strategy for defeating it.

The coup was designed to take immediate measures to ensure that fundamental rights and freedoms, only ‘won’ (in name at least) after many centuries of struggle, were stripped away from us and to do it in such a way that people would fearfully accept it. This is why the idea of a virus ‘pandemic’ was quite clever. Because the fear of contracting the virus (and its possibly deadly consequences) could be grotesquely magnified by inflating the figures, constant harping on it by the World Health Organization, the medical industry (in league with the pharmaceutical industry) and governments, and then magnified by the corporate media – with one outlet laughably suggesting COVID-19 could be worse than the flu outbreak in 1918 (falsely attributed to Spain): see ‘COVID-19 has the potential to become as severe as the Spanish flu’ – it made virtually all people submissive to any measure taken, or order given, ostensibly to prevent the spread of the virus.

Fear manipulated by propaganda defeats knowledge and evidence every time, as history has endlessly demonstrated. Just ask Joseph Goebbels how they did it in Nazi Germany. Play on the fear, play on the fear….

But if you are not too scared to seek out the evidence, you get an utterly different picture of what is taking place.

So, for example, US physician Dr. Annie Bukacek observes that ‘The real number of COVID-19 deaths are not what most people are told and what they then think. How many people actually died from COVID-19 is anyone’s guess. … Based on inaccurate, incomplete data, people are being terrorized by fear-mongers into relinquishing freedoms.’ See ‘Montana physician Dr. Annie Bukacek discusses how COVID 19 death certificates are being manipulated’.

If you would like to read a wider sample of the literature and videos discussing how the infection and death rates from COVID-19 have been deliberately misinterpreted, inflated and presented in a way that induces fear, and hence willing submission to elite control, see the daily updates on ‘A Swiss Doctor on Covid-19’ and the articles/videos ‘Corona: creating the illusion of a pandemic through diagnostic tests’, ‘12 Experts Questioning the Coronavirus Panic’, ‘Can We Trust the WHO?’, ‘How deadly is the coronavirus? It’s still far from clear’, ‘Perspectives on the Pandemic II: A Conversation with Dr. Knut Wittkowski’, ‘Never Has So Little Done So Much Harm to So Many: The Latest Coronavirus Attack Is A Cover for Restricting Our Health Freedoms’, ‘Covid19 Death Figures “A Substantial Over-Estimate”’ and ‘Dr Scott Jensen Reveals “Ridiculous” Covid19 Guidance’.

As a result of this pandemic of fear, the human rights to privacy (Article 12), freedom of movement (Article 13.1) and freedom of assembly (Article 20.1), for example, which are enshrined in the Universal Declaration of Human Rights proclaimed by the United Nations General Assembly in Paris on 10 December 1948 (but not necessarily legislated into law by individual countries and routinely violated by governments in any case) have now been publicly and completely eviscerated in one fell swoop with bans on gatherings, legal requirements for ‘social distancing’ and even greater surveillance of our private activities with barely a murmur of protest. For a comprehensive global summary, which monitors individual government responses to the pandemic that affect civic freedoms and human rights focusing on emergency laws, see the ‘COVID-19 Civic Freedom Tracker’.

Denied these fundamental rights, others – including those preventing arbitrary arrest or detention (Article 9), entitlement to a fair and public hearing by an independent and impartial tribunal in response to any criminal charge (Article 10), to make a living in the manner of our choosing (Article 23), to adequate healthcare irrespective of personal circumstances (Article 25.1) and to have some say in how we are governed (Article 21) – have, if they previously existed in practice, largely disappeared as many governments around the world have used a variety of illegal and sometimes unconstitutional measures – ranging from ‘lockdowns’ and curfews to martial law and suspensions of parliaments in favour of dictatorships – to usurp more complete control of national societies.

For just a brief taste of what is taking place in some countries, see ‘Denmark rushes through emergency coronavirus law’, ‘DOJ seeks new emergency powers amid coronavirus pandemic’, ‘For Autocrats, and Others, Coronavirus Is a Chance to Grab Even More Power’, ‘Suspending the Constitution: Police State Uses Crises to Expand Its Lockdown Powers’, ‘Hungary’s Leader Grabbed Powers to Fight the Virus. Some Fear Other Motives’, ‘Americans Beware: Trump Could Emulate Netanyahu’s Coronavirus Coup’ and ‘The Coronavirus State: New Zealand and Authoritarian Rumblings’.

In addition, by deliberately crashing national economies it was easy to conceal the fact that they were on the brink of crashing anyway. In the words of Scott C. Tips: ‘As the American and other economies falter from major structural problems, out-of-control debt, reckless spending, and government stupidity in shuttering businesses, the blame for markets crashing and economies tanking is borne by the conveniently available COVID-19 disease.’ See ‘Never Has So Little Done So Much Harm to So Many: The Latest Coronavirus Attack Is A Cover for Restricting Our Health Freedoms’.

In this way, the elite has rapidly and vastly expanded the number of people who live a precarious economic existence, due to the exploitative functioning of the global economy – see ‘Who Profits From the Pandemic?’ – while also giving vast sums of money to wealthy corporations via government bailouts. See ‘Trump Signs Corporate Bailout Bill: A Measure That Will Live in Infamy’.

Moreover, adverse outcomes from the use of COVID-19 to wreak this economic destruction will multiply rapidly but the underlying corporate dysfunctionality will now escape the blame from most observers just as COVID-19 will help to obscure the elite’s true purpose in precipitating this crisis. See, for example, ‘Coronavirus pandemic will inevitably cause food crisis’, ‘10 Signs the U.S. Is Heading for a Depression’, ‘After the Lockdown: A Global Coronavirus Vaccination Program…’, ‘COVID-19. The Unspoken Truth. The Most Serious Global Crisis in Modern History’, ‘The worst economic collapse ever?’ and ‘Coronavirus – The Aftermath. A Coming Mega-Depression…’.

But apart from these more obvious encroachments on our rights, freedoms and economic well-being, there is a vast range of encroachments happening either outside or on the periphery of public view, given the phenomenal corporate media attention focused on COVID-19 to distract us.

Talking about US government surveillance in 2014, former Technical Director of the NSA, William ‘Bill’ Binney, explained that the NSA sought ‘total population control’. See ‘Whistleblower: NSA Goal Is “Total Population Control”’.

Six years later it is clear that the global elite is now making another push in its ongoing and longstanding effort to achieve total control. Will this be the final push?

As you consider this question, here is another small sample of those encroachments and devastating impacts that are happening while our attention is elsewhere:

  1. The public acceptance of surveillance technology to spy on us in the interests of our ‘health’ is facilitating elite efforts to rapidly expand its monitoring capacities in this regard. See, for example, ‘To Track Coronavirus, Israel Moves to Tap Secret Trove of Cellphone Data’ and ‘For Autocrats, and Others, Coronavirus Is a Chance to Grab Even More Power’.
  2. The deluge of propaganda is convincing us that compulsory vaccination will be necessary to ensure our ‘health and well-being’. However, apart from the conclusively and extensively documented harm from vaccinations – for one brief article just touching on this, see ‘Vaccines and the Liberal Mind’ – there is extensive evidence that any such vaccination program will be the trojan horse for implementing an electronic identification program that uses generalized vaccination as a platform for launching a scheme to give everyone ‘a portable and persistent biometrically-linked digital identity’. See ‘The Coronavirus COVID-19 Pandemic: The Real Danger is “Agenda ID2020”’, ‘After the Lockdown: A Global Coronavirus Vaccination Program…’, ‘Coronavirus: Biometric IDs could be “gamechanger” for tests, vaccines’ and ‘COVID-19: Perfect Cover for Mandatory Biometric ID’.

If you think this is fairyland stuff, check out the website of the elite agents advocating it: ‘The need for good digital ID is universal: The ability to prove who you are is a fundamental and universal human right. Because we live in a digital era, we need a trusted and reliable way to do that both in the physical world and online.’ See ‘The Need for Good Digital ID is Universal’.

Without thinking too hard, I can list a few ‘fundamental and universal human rights’ that I would nominate before I got too excited about my digital identity. I wonder if these people are concerned about whether I have enough to eat, whether I am clothed and housed…. Of course, I know they have no interest in my privacy given that digital ID and the surveillance that goes with it will make that non-existent.

  1. The deployment of the highly dangerous 5G which, under the guise of improving internet speed and capacity, will vastly expand everyone’s exposure to electromagnetic radiation with its long list of seriously adverse health impacts. For a taste of the extensive documentation on this point, see the ‘International Appeal to Stop 5G on Earth and in Space’.
  2. A dramatic increase in the violence inflicted within the family home, especially by men and women against children – see ‘Why Violence?’ – and by the more usually acknowledged men against women, during the lockdown. See ‘UN chief calls for domestic violence “ceasefire” amid “horrifying global surge”’.
  3. Intensified efforts to overthrow governments in Iran and Venezuela. See ‘COVID-19: Cover for Military Attack on Iran and Iraq? Trump ignores Iraqi demand US occupation forces leave the country’, ‘Not letting Covid-19 crisis go to waste? US ramps up war on drugs… focusing on Venezuela’s Maduro’, ‘Trump sends gun boats to Venezuela while the world partners to fight a deadly pandemic’ and ‘NATO in Arms to “Fight Coronavirus”’.

The background framework to what is happening regarding Venezuela has been exposed by its President Nicolás Maduro. See ‘Letter from President Nicolás Maduro to the People of the United States’.

  1. No end to the many ongoing wars involving the United States – see, for example, ‘U.S. Confirms Deployment Of Patriot Missiles In Iraq. Iran Prepares For Conflict In Straight Of Hormuz’ and ‘US Empire Exploits COVID-19 For More War’ – although a pause in some wars in which the US is not a party – for an overview, see ‘UN Ceasefire Defines War As a Non-Essential Activity’ – as a result of an appeal by the UN Secretary-General for warring nations to desist until the effort to contain COVID-19 is won. See ‘The fury of the virus illustrates the folly of war’.

Unfortunately, this appeal, unlike the Secretary-General’s appeal for a ceasefire on domestic violence which attracted no significant public endorsement, quickly drew in many others equally devoid of any analysis of what is actually taking place and thus happy to help distract people from the core issue. See, for example, ‘COVID-19: Sign the Call for Global Ceasefire!’, ‘Global Ceasefire: Running List of Countries Committed’ and ‘Global Ceasefire Now!’

Obviously, I am heartily in favour of ending war. But this is only going to happen when we campaign strategically to do so and provided we have sufficient political freedom to do it. See ‘Strategic Aims’ (for ending war).

As an aside and displaying its usual projected fear of threats, when some US military personnel became infected with COVID-19 – see ‘Request for Assistance in Response to COVID-19 Pandemic’ – the Pentagon issued a suppression order on further reporting of COVID-19 in the US military. See ‘Pentagon orders all installations to stop reporting COVID-19 infections and deaths’.

  1. Ongoing economic sanctions by the United States directed against a variety of countries, notably including Iran and Venezuela, are complicating efforts to address COVID-19 effectively. In contrast, countries such as Cuba, China and Russia are leading the international effort to support other countries dealing with a higher level of infection. See ‘US Continues Sanctions Against Venezuela And Cuba During COVID-19 Pandemic – Analysis’ and ‘Expert: US sanctions on Iran, Venezuela during pandemic could be genocidal’.
  2. A variety of actions, including legal manoeuvres and false flag attacks, undertaken to inflict greater repression in some contexts, particularly against indigenous peoples and those engaged in national liberation struggles. See ‘Mashpee Wampanoag Tribe Threatened with Land Disestablishment, Tribal Leaders Step in to Address Ongoing Land Issues and Threats to Sovereignty’, ‘Media advisory notice on alleged shooting near Freeport mine in Timika’ and ‘During the Coronavirus crisis, Israel confiscates tents designated for clinic in the Northern West Bank’.
  3. Dramatic increases in absolute impoverishment among marginalized individuals and communities throughout the Global South who barely survive day-to-day under their usual, difficult economic circumstances. As one Asian NGO network, engaged in attempting to secure emergency relief to assist those most adversely impacted, has just reported: ‘We are receiving alarming reports that ADB and AIIB project-affected communities across Asia, especially South Asia and South East Asia are in an absolute state of crisis. Due to the enforced lockdown, they have no work or access to sanitizers and food supplies. Leaving them completely exposed and vulnerable to the COVID-19 pandemic. The state responses are slow and in some cases non-existent.’ See ‘COVID-19 Community Emergency Fund’.

And Arundhati Roy wrote an evocative account of how the Indian government’s lockdown exposed the ‘brutal, structural, social and economic inequality’ in that country and the government’s ‘callous indifference to suffering’ as the lockdown caused employers and landlords in cities and towns to drive out millions of impoverished, homeless and hungry workers to walk the hundreds of kilometres to their villages. Many have died along the way, but not of COVID-19. See ‘Social Devastation and Despair. How Coronavirus Threatens India’.

  1. No pause in the economic exploitation of countries in the Global South with, for example, the International Monetary Fund (IMF) quick to offer ‘emergency finance’ to some 80 of these countries that have requested it. See ‘IMF Managing Director Kristalina Georgieva’s Statement Following a G20 Ministerial Call on the Coronavirus Emergency’.

What Ms. Georgieva didn’t mention is that these loans will no doubt be done on the usual highly conditional and exploitative basis for which the IMF has built its reputation for destroying the lives of ordinary local people by opening the door for corrupt or naive governments to accept corporate exploitation of their people and natural resources while building unsustainable levels of national debt trying to pay back the loans and interest to the IMF. For more detail on how this exploitation works, see the many Global Justice Now reports on the IMF and the book The New Confessions of an Economic Hit Man.

In contrast, World Bank President David Malpass was not so coy, clearly declaring that COVID-19 would be used to further exploit poorer countries by making any funding conditional on a willingness to make such exploitation easier in future: ‘Countries will need to implement structural reforms to help shorten the time to recovery and create confidence that the recovery can be strong. For those countries that have excessive regulations, subsidies, licensing regimes, trade protection or litigiousness as obstacles, we will work with them to foster markets, choice and faster growth prospects during the recovery.’ See ‘Remarks by World Bank Group President David Malpass on G20 Finance Ministers Conference Call on COVID-19’.

To reiterate: The World Bank will help existing heavily exploited countries with some funding for short-term health measures directed at containing COVID-19 provided the country removes laws that would make it difficult to exploit it indefinitely thereafter.

  1. No pause in environmentally destructive activities, ranging from the ongoing use of health-destroying poisons, such as glyphosate, used to contaminate our food – see ‘Locked Down and Locking in the New Global Order’ – which cause vastly more deaths than COVID-19 will cause, to the ongoing destruction of pristine rainforests to create, among other possibilities, more palm oil plantations. See ‘New player starts clearing rainforest in world’s biggest oil palm project’.

And while there has been a short-term reduced negative impact on the climate as a result of the slowdown in industrial activity and the use of fossil fuel-powered vehicles, the ongoing COVID-19 coup has been used to destroy whatever momentum has been achieved by the climate and environment movements in recent years.

  1. While COVID-19 is causing problems for the 100,000 skilled technicians responsible for controlling, maintaining and fuel loading/unloading of the 96 remaining nuclear power plants in the USA, given the confined space in which the technicians work which make ‘social distancing’ virtually impossible, ‘The industry is now using the Coronavirus Pandemic to rush through a wide range of deregulation demands. Among them is a move to allow radioactive waste to be dumped into municipal landfills.’ See ‘Terrified Atomic Workers Warn That the COVID-19 Pandemic May Threaten Nuclear Reactor Disaster’.
  2. Long intent on dominating Space both militarily and industrially – see the US Space Command’s ‘Vision for 2020’ – in violation of the Outer Space Treaty of 1967 which declared ‘The exploration and use of outer space, including the moon and other celestial bodies, shall be carried out for the benefit and in the interests of all countries… and shall be the province of all mankind’ – see ‘Treaty on Principles Governing the Activities of States in the Exploration and Use of Outer Space, including the Moon and Other Celestial Bodies’ – US president Trump has just signed an executive order to allow corporations and ‘citizens’ (that is, billionaires) to begin mining the moon. The elite also wants to use nuclear reactors to fuel spacecraft so they can mine Mars in the future. See ‘Trump Signs Executive Order to Mine the Moon’.

If you are a US citizen and wondering how the ‘largest industrial project in the history of the planet’ will be financed, look in your own purse or wallet and wonder how much more will be taken from you so that, as usual, you pay the upfront costs associated with the vast profits they plan to make. Of course, you will also pay with budget cuts to health, education and social security funding.

The 13-point list above is actually very short – and confined to readily observable ‘moves’ – but, hopefully, it gives you some idea of what is taking place behind the elite’s barrage of COVID-19 fear-mongering. Needless to say, it is the ‘moves’ that we do not know about that are, no doubt, even more troubling.

So what can we do in response to this fear-mongering and the coup it is being used to disguise?

Resisting the Elite Coup Powerfully

I have previously outlined this nonviolent strategy, identifying its political purpose – obviously ‘To defend humanity against a political/military coup conducted by the global elite’ – and I have set out a basic list of 26 strategic goals, of which eleven are as follows:

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

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

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

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

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

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

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

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

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

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

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

Rather than detail all 26 strategic goals here, you can read the ‘Strategic goals for defeating a political/military coup conducted by the global elite against humanity’ by scrolling down the page at ‘Strategic Aims’.

Remaining pages on the website fully explain the twelve components of the strategy, as illustrated by the Nonviolent Strategy Wheel. These include the need to provide leadership and mutual aid at local levels, which are already happening in many places, as part of the overall effort.

The website also has articles and videos explaining all of the vital points of strategy and tactics, including articles to help you understand ‘Nonviolent Action: Why and How it Works’, the difference between ‘The Political Objective and Strategic Goal of Nonviolent Actions’ and how to prepare, frame and conduct any nonviolent action to minimize the risk of violent repression. See ‘Nonviolent Action: Minimizing the Risk of Violent Repression’.

It is worth emphasizing that, in some contexts, there is a place for large public nonviolent actions for those who are inclined to plan and conduct them. And the article just referenced will assist you to conduct them with minimal risk of violent repression. However, because the bans on public gatherings are being implemented widely, I have concentrated on providing tactical options in the examples above that do not depend on gathering in one place.

Nevertheless, as more people become aware of the coup and the energy to resist it gathers pace, it will be worthwhile to choose a locally significant date on which as many people who are willing to do so act to ‘End the Lockdown’ in that country. Using a locally relevant focus, or perhaps several, for which many people would traditionally be together – a cultural or sporting event, a community activity such as working to establish a community garden to increase local self-reliance, a birthday celebration and/or a return to work – we can mobilize people to collectively resist the coup that is taking place. Because the actions taken will be dispersed with large numbers of people responding in a vast number of locations, it will be impossible for police and military forces to inflict violent repression against everyone, particularly if local organizers have implemented the points in ‘Nonviolent Action: Minimizing the Risk of Violent Repression’.

Equally importantly to any of the points above, particularly given the pressing threat of human extinction – see ‘Human Extinction Now Imminent and Inevitable? A Report on the State of Planet Earth’ – but also because becoming more self-reliant is vital to our ongoing capacity to resist elite encroachments on our rights, freedom and economic security, consider joining those participating in ‘The Flame Tree Project to Save Life on Earth’. This project also explains how to take full advantage of non-monetary forms of community where goods and services are exchanged directly, without money as a medium of exchange. Money only has value in certain types of economy and these types of economy must be superseded if humans are to survive.

And given the enormous pressure on children at the moment, as their lives are upended, it would be useful to spend time listening to them. Of course, if you know an adult who is having trouble coping, it will help them enormously as well if you listen while giving them the opportunity to talk about, and focus on feeling, their own emotional reactions to what is taking place. See ‘Nisteling: The Art of Deep Listening’. If you do not have anyone who can listen to you, try ‘Putting Feelings First’.

Moreover, because the foundation of this entire elite-controlled world, and the coup it is now implementing, is the submissively obedient individual, the world can only be rebuilt as we might like it if we stop terrorizing children into being submissive. So I would start by parenting and educating children so that they become powerful. See ‘My Promise to Children’ and ‘Do We Want School or Education?’

In addition, if you would like to better understand the origin, identity and behaviour of the global elite and why it is insane, see the section headed ‘How the World Works’ in ‘Why Activists Fail’ and the articles ‘Exposing the Giants: The Global Power Elite’ and ‘The Global Elite is Insane Revisited’ and the many references cited in these documents. For a deeper understanding of why elite and other human violence is so pervasive, see ‘Why Violence?’ and ‘Fearless Psychology and Fearful Psychology: Principles and Practice’.

Finally, as touched on above, apart from the ongoing elite coup the Earth is under siege from our assaults on a vast range of fronts. See ‘Human Extinction Now Imminent and Inevitable? A Report on the State of Planet Earth’. So if we are serious about tackling this crisis too, we must be willing to consider committing to:

The Earth Pledge

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

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

Conclusion

Given that the statistics clearly show that the COVID-19 ‘pandemic’ is already fading in most places where it previously had serious impact, it is possible that the global elite will not complete its execution of this coup against humanity in the near future. It will be content with the demonstration of its phenomenal power to manipulate populations into passively submitting to its bidding and defer its final putsch for a short time.

If that is the case, the damage wrought by this socalled pandemic – on our rights, freedoms, economic security, opportunities, democratic governance, the global economy and the environment – will be irreparable and it would take many years to even restore a partial version of what we thought we had while knowing that they can be taken away, again, at any time just as they were on this occasion.

But, quite frankly, if I was a member of the global elite and had witnessed the remarkably submissive manner in which even activists were deceived by the COVID-19 coup, I would advocate for completing the coup now and lock us down, force-vaccinate us with our own unique digital ID and surveillance chip, and promptly implement all of the measures necessary to take final control of the prison planet previously known as Earth.

However, because I am not a member of the global elite, I will continue to draw attention to what is taking place and encourage people to resist in the strategic ways I have outlined above. And then do what I can to ensure that as many people as possible, who are powerful enough to do so, respond before it is too late.

I would rather act sooner, while we still have some room to move, rather than later, when we might have much less.

 

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

Risings and Fallings

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By James Howard Kunstler

Source: Kunstler.com

In the corkscrewing anguish of the social sequester, with careers, savings, futures, and dreams whirling down the drain, voices rise above the din of conflicting statistics to ask: what is going on here? To some, it looks like a deliberate attempt to demolish what’s left of the economy for political advantage. Clouds of suspicion gather over the two medical superstars of the Daily Briefing show, Doctors Fauci and Birx, as they somewhat sheepishly revise their numbers for contagion and death downward and attempt to “balance” the formula of modeled projections versus mitigation efforts. Was the stay-at-home panic necessary, after all? Will it save the day or kill off modern life as we knew it?

Well, everyplace else in the world was shutting down, weren’t they? Did they all go off their rockers, too? At least a hundred doctors died in Italy heroically tending the stricken, so they say. South Korea, Taiwan, and Singapore opted for flat-out medical Gestapo action. Britain, Spain, France, and Germany about the same, but minus testing at the grand scale and tracing of contacts. Honestly, how is it possible the whole planet punked itself?

I certainly don’t know the answer to all this, though readers are twanging on me to declare the whole Covid-19 story “a hoax,” which I’m not ready to do. I do know this: America has become utterly intolerant of uncertainty. And in the absence of certainty, that age-old human cognitive skill called pattern recognition, which has made us such a successful species, kicks into high gear scanning the field-of-view for answers. Any string-of-dots that affords even the slimmest plausibility goes on the table for review, including a lot of stories tagged as “conspiracy theories.”

I know this, too: the financial side of the gasping global economy was running off the rails well before Covid-19 flew out of its bat-cave into somebody’s soup bowl… or out of China’s Wuhan virus lab, if that’s how you like it… or before it seeped out of the Bill and Melinda Gates Foundation’s ark of world-saving secrets. In the USA and Europe, finance had come to mostly eclipse every other human endeavor of wealth production ­– with the catch that finance actually didn’t produce any real wealth, it only winkled and swindled wealth (or the mere ghosts of wealth) with its asset-stripping magic, from the places where wealth once did truly dwell. Or else it ginned up abstruse rackets that attempted to replace the utility of money with sheer math. Or, when all else failed, it just resorted to plain old accounting fraud… until, finally, there was so much there not actually there, that the whole holographic fantasy flickered out.

The pre-Easter bear market rally on Wall Street has been a wonder, don’t you think? As the numbers of able-bodied people out-of-work rocketed up past ten million during the same period, the stock indexes shot up three, five, six percent a day? Say, what? You’re telling me that’s based on the prospect of magnificent earnings in the third quarter? With every business on God’s green earth writhing in the dust like squashed bugs? And every supply line for basic goods and the gazillion spare parts for everything… all choked off?

And meanwhile, the American public sequesters and festers, waiting for those $1,200 checks that will fix… everything! Let’s face it: this is a twilight zone between stupor and fury. Nobody is paying anything to anyone. All obligations are suspended: rents, mortgages, bills, loans, bets, and vigs, all up in the air somewhere, but definitely not moving to their assigned destinations. The velocity of money is zero and all the various new term facilities and structured vehicles conjured by the Federal Reserve and Congress amount to a mere shadow of money moving ­– even though they are represented by trillions of brand-new alleged dollars. For every ten points that the Standard & Poor’s rose this week, somewhere down the line as many hedge funders will be dribbled like so many basketballs to the hoop of judgment.

The nation now has the long Easter weekend to stew and ruminate over its fate with spring achingly vivid and beckoning beyond the grim, streaked windows of sequestering. Those little cans of Easter Spam with pineapple rings won’t offer much consolation, combined with the abject discovery that even Netflix only has so many sequels to Frozen for children going catatonic with ennui. Kids are generally not so excited by stock and bond markets, but that’s probably where the genuine melodrama picks up on Monday. The weeks ahead there will give the phrase down-to-earth a whole new meaning.

Power Grab

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By Michael Krieger

Source: Liberty Blitzkrieg

I met a traveller from an antique land
Who said: Two vast and trunkless legs of stone
Stand in the desert. Near them, on the sand,
Half sunk, a shattered visage lies, whose frown,
And wrinkled lip, and sneer of cold command,
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them and the heart that fed:
And on the pedestal these words appear:
‘My name is Ozymandias, king of kings:
Look on my works, ye Mighty, and despair!’
Nothing beside remains. Round the decay
Of that colossal wreck, boundless and bare
The lone and level sands stretch far away

– Percy Shelley, Ozymandias

It didn’t take long for the most opportunistic, nefarious and corrupt actors in the U.S. to turn a pandemic crisis into another massive power grab attempt. We’ve seen it before; after 9/11 and also throughout the response to the financial crisis a decade ago. The irredeemable sociopaths who always make the big, important decisions used those crises to consolidate wealth and power. They’re going for it again.

There are many examples, but let me list a few:

– The EARN IT bill, by which senators are attempting to destroy widespread public use of encryption, i.e. private communications. (EFF)

– The White House and the CDC are asking Facebook, Google and other tech giants to give them greater access to Americans’ smartphone location data. (CNBC)

– The Justice Department has quietly asked Congress for the ability to ask chief judges to detain people indefinitely without trial during emergencies. (Politico)

– U.S. Senators are attempting to use the crisis as an opportunity to pull off a gigantic corporate coup. (Matt Stoller, BIG)

Then there’s the really big one, the Federal Reserve. An institution with more unaccountable power to shape and manipulate our world than any other, yet whose actions remain subject to virtually zero public debate.

While we’re at it…

I wrote about the scam that is the Federal Reserve last year in the post, Monetary Looting, and what they’re doing now makes those repo operations look like child’s play.

We often get distracted debating the implications of Fed actions, and in the process lose sight of the bigger picture. The real question we need to be asking is why do we allow a handful of unelected banker welfare agents the right to shape our entire world? It’s a crazy system, and until we start questioning the underlying premises of everything about our world, we’ll remain confused and subjugated.

That said, I remain more optimistic than ever that once we get through this crisis and a rough transition period, a far better era awaits on the other side. I say this because I believe this pandemic will shake enough people to such an extent they’ll emerge from it very different people with a more enlightened understanding of the world and their roles in it. An event like this can make people less conscious, or it can make them more conscious. I think humanity will expand its consciousness.

Of course, the future is not written in stone. Each and every one of us needs to grow up and step up if we’re going to build a better world. We each have our skillsets, so I ask everyone reading this to think about how they can repurpose their talents to the great work of ushering in a new era. I don’t do any of this to change the world. I can’t do that. I do this to inspire as many people as possible to change their own worlds. Then everything changes.

If I had to summarize where we’ve been and where I think we’re going, it would be with the following.

The world you lived in no longer exists, but the world to come has not yet been created. The worst people in society will attempt to create it in their image, but we can’t allow that. We must step up and create it ourselves. It’s entirely possible. Get to work.

A Debt Jubilee Is the Only Way to Avoid a Depression

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By Michael Hudson

Source: The Unz Review

Even before the coronavirus appeared, many American families were falling behind on student loans, auto loans, credit card balances and other payments. America’s debt overhead was pricing its labor and industry out of world markets. A debt crisis was inevitable eventually, but covid-19 has made it immediate.

Massive social distancing, with its accompanying job losses, stock dives, and huge bailouts to debt-strapped corporations, raises the threat of a depression. But it doesn’t have to be this way. History offers us another alternative in such situations: a debt jubilee. This slate-cleaning, balance-restoring step recognizes the fundamental truth that when debts grow too large to be paid without reducing debtors to poverty, the way to hold society together and restore balance is simply to cancel the bad debts.

The word Jubilee comes from the Hebrew word for trumpet — yobel. In Mosaic Law, it was blown every fifty years to signal the Year of the Lord, in which personal debts were to be cancelled. The alternative, the prophet Isaiah warned, was for smallholders to forfeit their lands to creditors: “Woe to you who add house to house and join field to field till no space is left and you live alone in the land.” When Jesus delivered his first sermon, the Gospel of Luke describes him as unrolling the scroll of Isaiah and announcing that he had come to proclaim the Year of the Lord, the Jubilee Year.

Until recently, historians doubted that such a debt jubilee would have been possible in practice, or that such proclamations could have been enforced. But Assyriologists have found that from the beginning of recorded history in the Near East, it was normal for new rulers to proclaim a debt amnesty upon taking the throne. Instead of blowing a trumpet, the ruler “raised the sacred torch” to signal the amnesty.

It is now understood that these rulers were not being utopian or idealistic in forgiving debts. The alternative would have been for debtors to fall into bondage. Kingdoms would have lost their labor force, since so many would be working off debts to their creditors. Many debtors would have run away (much as Greeks emigrated en masse after their recent debt crisis) and communities would have been prone to attack from without.

The parallels to the current moment are notable. The U.S. economy has polarized sharply since the 2008 financial crisis. For far too many, the debts in place leave little income available for spending on goods and services or in the national interest. In a crashing economy, any demand that newly massive debts be paid to a financial class that has already absorbed most of the wealth gained since 2008 can only further split our society.

This has happened before in modern times — after World War I, the burden of war debts and reparations bankrupted Germany, contributing to the global financial collapse of 1929-31. Most of Germany was insolvent, and its politics polarized between the Nazis and Communists. We all know how that ended.

America’s 2008 bank crash offered a great opportunity to write down the often-fraudulent junk mortgages that burdened many lower-income families, especially minorities. But this was not done, and millions of American families were evicted.

The way to restore normalcy today is a debt writedown. The debts in deepest arrears, and most likely to default, are student debts, medical debts, general consumer debts and purely speculative debts. They block spending on goods and services, shrinking the “real” economy. A debt writedown would be pragmatic, not merely a moral sympathy with the less affluent.

In fact, it could create what the Germans called an “Economic Miracle” — their own modern debt jubilee in 1948, the currency reform administered by the Allied Powers. When the Deutsch Mark was introduced, replacing the Reichsmark, 90 percent of government and private debt was wiped out. Germany emerged as an almost debt-free economy, with low costs of production that jump-started its modern economy.

In the past, the politically powerful financial sector has blocked a writedown. Until now, the basic ethic of most people has been that debts must be repaid. But it is time to recognize that most debts now cannot be paid — through no real fault of the debtors in the face of today’s economic disaster.

The coronavirus outbreak is serving as a mind-expansion exercise, making hitherto unthinkable solutions thinkable. Debts that can’t be paid, won’t be. A debt jubilee may be the best way out.

 

Michael Hudson, author of “… and forgive them their debts” and “Killing the Host,” is president of the Institute for the Study of Long-Term Economic Trends and is Distinguished Research Professor of Economics at the University of Missouri–Kansas City.

America’s Despair

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By Vladimir Odintsov

Source: New Eastern Outlook

More and more people in the United States are feeling let down by American capitalism, and the population is being plunged into depression. This was the alarming conclusion reached by two researchers from Princeton University, Anne Case and winner of the Nobel Prize in Economics Angus Deaton. Over the past fifty years, many have been left feeling disillusioned with the American economic model, hyped up extensively within the United States, which even affects life expectancy in America: it has been declining for three consecutive years, a very unusual trend for a developed country. There has been a marked increase in the mortality rate among the white population in particular since the beginning of the new millennium. The number of suicides, as well as deaths from drug and alcohol abuse has increased dramatically.

These are the bleak findings of the research on the situation in the USA conducted by well-known American economists Anne Case and Angus Deaton, who carried out a detailed analysis of the suicide and mortality epidemic that has engulfed America, noting that the United States has been experiencing a “deaths of despair” epidemic since the mid 1990s. The researchers point out that life expectancy for Americans declined for three consecutive years, from 2015 through 2017, something that had not happened since World War One, when the world was gripped by the Spanish influenza pandemic. Among the many different root causes leading to deaths of despair, the study highlights a significant fall in American wages in recent years and a dearth of good jobs, which is weakening core institutions of American life, such as marriage, faith and community. Social spending and housing-related expenses are an increasingly heavy burden for ordinary Americans.

This is despite the fact that the United States had once led the way as the number-one country in the world in terms of reducing mortality rates and increasing life expectancy in the 20th century, and many important discoveries and achievements in medicine have come from the United States.

However, the United States is now leading the way in the opposite direction.

Numerous US researchers believe that the Great Recession which began with the 2008 financial crisis is to blame for today’s greatest woes in America. However, the Great Recession was not what provoked the deaths of despair epidemic among ordinary Americans, although it did lead to the deterioration of living conditions for many people, which provoked anger and division in the United States. The deep-rooted causes of this epidemic can be traced back to a feeling of dissatisfaction with living conditions among Americans which has been there for a long time, and when inequality began to grow, young Americans began realizing that they would never be able to live the lives their parents could afford, while young people without highly professional skills have fallen even further behind.

America’s health care system which has been prescribing more and more opioids is also on the list of “culprits” responsible for the situation America has found itself in today. According to US research, one out of every two unemployed men in the US take painkillers on a daily basis, and these are usually addictive opioids. The national health-care crisis associated with substance abuse has plagued Americans for decades. The opioid epidemic in the United States is largely a failure of regulation and control. This is an area where pharmaceutical companies wield great political influence.

In recent years, there has been a sharp increase in the number of patients reporting pain, difficulties with communication, and depression. Pharmaceutical companies and distributors have taken advantage of people’s growing desperation, seeing an opportunity to promote and ramp up the sales of opioid pain medication such as OxyContin, a legal drug approved by the US Food and Drug Administration even though it is essentially no different to heroin. Between 1999 and 2018, more than 200,000 Americans died of opioid overdoses. Doctors are seeing the increasing amount of harm being caused by these drugs, and have begun prescribing them on a less frequent basis, but these opioids have opened the gateway to illegal drugs: heroin from Mexico, as well as fentanyl from China in more recent years, which is far deadlier. These drugs are causing a huge amount of damage and killing a lot of people. However, when ordinary Americans are faced with hardship and suffering, when there is social upheaval, and people begin to feel that their lives are meaningless, these drugs fill the void, and the number of deaths from drug overdoses goes up, adding to the number of suicides and alcohol-related deaths.

Alcohol-related deaths in American society today are simply ballooning out of control. According to a series of studies, “Alcohol-related deaths” have more than doubled in the last two decades. This is well ahead of the population growth rate over the same period. A study conducted over a twenty-year period found that alcohol had been the cause of more than one million deaths! Apart from people who simply drank themselves “to death”, half of the alcohol-related deaths were due to liver disease and drug overdoses from substances taken together with alcohol. Nine states — Maine, Indiana, Idaho, Montana, New Jersey, New York, North Dakota, Ohio and Virginia — have recorded a significant increase in the number of Americans binge drinking dangerous amounts of alcohol, which can lead to fatal car crashes and other fatal accidents, according to a report recently published by the CDC (The Centers for Disease Control and Prevention). Americans almost all over the country who are trying to “drown their sorrows in alcohol” are already addicted to these hard drinks, and have began drinking more heavily and more often, with a 12% increase seen in the last five years alone.

Historically, there have always been more “deaths of despair” among men than women. However, a study published in the journal Alcoholism: Clinical and Experimental Research, found that the largest annual increase in alcohol-related deaths in recent years was seen among non-Hispanic white women.

But these are not the only scourges of today’s American society. According to the January report published by the National Center for Homeless Education funded by the US Department of Education, over 1.5 million schoolchildren experienced homelessness in the 2017-2018 school year. 100,000 (7%) of these homeless schoolchildren spent the night in the open air and slept wherever they could, 7% slept in motels, 12% stayed in homeless shelters, and 74% stayed at a friend’s. And these are only the most modest estimates, but take figures from the American Institutes for Research, for example, which recorded that 2.5 million children had experienced homelessness in the year 2013. This could almost be considered some sort of historical “record”, with one in thirty American children experiencing homelessness! Criminal gangs, drug dealers, pimps and pedophiles are waiting for these children on the streets. In this context, does it really come as any surprise that crime is on the rise in the United States (especially juvenile crime)?

This grim situation in the US is hardly surprising if you look at the draft $4.8 trillion federal budget that US President Donald Trump is going to propose and use to pave the way for his re-election. After all, this budget is a continuation of a trend that has already been observed in federal budgets drafted in the United States, as we’ll see more big safety-net cuts and increased spending on defense, which even the Wall Street Journal has called out.

All of the Trump administration’s wall-to-wall “America First!” slogans cannot hide the glaringly ugly face of American reality we can see today.

Economic effect of coronavirus could be revolutionary

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By Paul Craig Roberts

Source: Intrepid Report

Coronavirus and globalism will teach us vital lessons. The question is whether we can learn vital lessons that do not serve the ruling interest groups and ideologies.

Coronavirus will teach us that a country without free national health care is severely handicapped. Millions of Americans live paycheck to paycheck. They cannot afford health care premiums, deductions, and copays. Millions have no insurance. This means millions of people infected with coronavirus who cannot get medical help. The morbidity from this is intolerable in any society.

Shutdowns associated with efforts to contain the spread of coronavirus will deny income to millions of Americans who live paycheck to paycheck. What do they do for food, shelter, transportation?  You don’t have to think very long along these lines to see a very frightening scenario.

Globalism has taken down the ladders of upward mobility by exporting American middle class jobs to Asia. A population once able to save now lives on debt, the service of which is interrupted by recession/depression and by debt service absorbing all net disposable income.

Globalism has also reduced the survivability of our society by making it dependent  on externally produced goods, the supply of which can be cut off by disruptions in other societies, by policy disagreements leading to sanctions, and by an inability to export enough to pay for imports, which is what the offshored production of US firms is.

The United States has an unprotected population and an economy in trouble. For years, corporate executives have run the companies for the benefit of their bonuses, which are largely dependent on rises in their company’s share price. Consequently, profits and borrowings have been invested in buying back the companies’ shares and not in new investment in the businesses. Corporate indebtedness is extreme and will threaten many corporations and many jobs in a downturn. Boeing is a case in point.

Economist Michael Hudson has for many decades studied the use of debt-forgiveness to restart economies killed by debt burdens. Debt forgiveness for corporations has a different implication than debt forgiveness for individuals. For corporations, forgiving debts lets those who financialized and indebted the economy and the population off the hook. To avoid rewarding them for the catastrophe they produced and to prevent widespread public outcry and distrust, nationalization is implied for insolvent companies and banks.

Nationalization would be limited to insolvent companies and financial institutions and doesn’t mean that there would be no private companies or businesses. Additional nationalization could be used to prevent strategic companies from substituting their interests for national interests, which they do when they move American jobs and factories offshore. Pharmaceuticals could be nationalized along with health care. Energy which often sacrifices the environment to its profits could be considered for nationalization. A successful society has to have more driving it than private profit.

For most Americans nationalization is a dirty word, but it has many benefits. For example, a national health care system reduces costs tremendously by taking profits out of the system. Additionally, nationalized pharmaceutical companies could be made more focused on research and cures than on profit avenues. Everyone knows how Big Pharma influences medical schools and medical practice in line with Big Pharma’s approach. A more open-minded approach to medicine would be beneficial.

Socialist is another American dirty word, one that is being used against Bernie Sanders.  I have not turned into a socialist overnight. I am simply thinking outloud. How can the economy recover when the population and corporations are smothered by debt?  Debt forgiveness is the only way out of this debt suffocation. Can debts be forgiven without nationalization? Not without a huge giveaway to financial mangers and Wall Street. It is the members of the “one percent” who have received 95% of the increase in us income and wealth since 2008. Do we want to reward them for smothering the economy with debt by bailing them out without nationalizing them?

The combination of an economy covered in debt and an unprotected population is clearly revolutionary. Do we have leadership capable of breaking out of interest group politics and ruling ideologies in order to save our society and put it on a more sustainable basis?

Or will the economic hardships be blamed on the virus, the catalyst that ignited the debt timebomb?

COVID-19’s Black Swan Timeline

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Black swan events are characterized by their extreme rarity, their severe impact, and the widespread insistence that they were obvious in hindsight.”

By Steve Brown

Source: The Duran

According to Investopedia a Black Swan event “is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences. Black swan events are characterized by their extreme rarity, their severe impact, and the widespread insistence that they were obvious in hindsight.”

In the twentieth century, the financial market crash of 1929 was a black swan event. While Germany’s invasion of Poland in 1939 is sometimes attributed the same, World War 2 was partly the result of an existential power vacuum subsequent to the Great War and thus an extension of it.  911 looked like such an unpredictable surprise event but the imperial arrogance and hubris that afflicted the West for at least fifty years prior rendered the potential for 911 Blowback predictable and foretold.*

The “Great Recession” of 2008-2009 was spawned with reckless abandon by corrupt banks criminally endorsed by Congressional legislation. Pillars of financial debauchery like Goldman Sachs were shorting their own subprime products anticipating the crash. Based on such engineered systemic financial fraud the crash of ten years ago does not qualify as a black swan event.

Except for the financial collapse of 1929, all the foregoing resulted in some immediate plan of action to confront the particular crisis. This time the magnitude is exponentially greater when authorities have scant idea about how to respond and media scare tactics rule the day. The result is to place the global economy in a self-induced coma.  Searching for answers, the New World Order has none.

The great philosophers Epictetus, Socrates, and Aristotle viewed logic and science as the foundation for civilization in opposition to irrational belief systems, superstition, and religion.  The great philosophers believed that learning from humanity’s past mistakes and anticipating future events – with intent to avoid mistakes of the past — would greatly advance prospects for civilized societies.  One highly advanced civilization of the ancient world, the Etruscans, considered past cycles as indicative of future events.

Recognizing a singular relationship in years with regard to life and death, Etruscans defined their theory of Saeculum.  Saeculum posited that major cataclysmic events engendered by humans will follow a pattern of ninety-year cycles. So, people living through a catastrophe in one age will have fully died out by the next.  For example we have the crash of 1929 and the advent of Covid-19 in 2019…. precisely ninety years apart.

The Etruscan’s 90-year black swan cycle may be a bizarre coincidence, but defining COVID19 as such an event helps when confronting its ramifications.  We previously identified a unique confluence of geopolitical events threatening the western-led Warfare State.  And now a severe global health crisis – which promises to shut down the world economy — leverages this geopolitical mix to an even greater extent.  So, in what context may this current COVID cataclysm be viewed?

Putting aside the health factor for one moment this pandemic provides enormous cover for the far less than one percent along very broad lines:

  • Financial
  • Military
  • Socially
  • Politically

Essentially the political class now has carte blanche for:

  • Government bail-outs
  • Corporate bail-outs
  • Wall Street bail-outs
  • Control of a growing restive populace
  • Suppression of individual liberty
  • Increased militarization / powers for law enforcement
  • Political cover

As in 911, the Empire’s excuse is fear.  Perhaps not duct tape this time. But if Elites view this pandemic as an opportunity for draconian population control then the policy carries incredible risk… and not just for the people. Should this disease ease and the controls remain, an already highly stressed populace may lash out. Note that in the financial sector some passive investment firms have already failed. If oil markets cannot be stabilized then the world economy is at risk.

Meanwhile, it’s likely that $1200 monthly payments to the US populace will keep folks quiet. But what if the Fed, International Monetary Fund, and Bank of International Settlements can’t pay for the ponzi?  Perhaps China will bail – indications are that China already has. China is swapping for dollars, but not purchasing US Treasury debt.  That’s a big problem and a Big Risk for the US money masters.

Now there is no intent to make light of the serious health hazard posed by COVID19. Or to disrespect anyone who has become ill or died from the disease.  COVID19 is a deadly and serious illness. Of that there is no doubt.  The intent here is to heighten awareness that there may be a bigger picture for the too big to jail to exploit.  That picture is of a teetering New World Order mired in its own criminal system of usury and theft which hopes for a way out of the pickle it created (since 2009) at the expense of working people.  It’s just possible that those who wish to enslave us will attempt to do so using the prospect of their own demise to create an environment of escalating fear.

As this author has written for many years, when this system fails it will fail by its own hand and not by any fifth column or external enemy.  Until then, Elites may yet accomplish what Huxley and Orwell could not quite agree upon: that their vision of the future might ultimately coalesce and coexist.  So will this monetary system fail?  Probably not.  But if the pain is deep enough, it must reinvent itself.

Contrarily, in this crisis the law of unintended consequences may yet backfire on Elites. For now, they seem very confident.  But any hole in the COVID major media narrative or tear in the Elite’s agitprop universe will be carefully examined and amplified. If a COVID-analogous ‘Building 7’ scenario arises it will not be ignored this time.  That’s because we’ve known for far more than twenty years that those who rule us in the west are largely debauched liars, perverts, and thieves.  Under their control, we should expect nothing less.

*John O’Neill’s career history and death is a remarkable indictment of all US intelligence services.