Monday, August 5, 2024

 this kunstler monday essay is what was once called a 'humdinger'. its all coming to a head it seems;


“The global economy is becoming unburdened by what has been.” — Jordan Schachtel on “X”

Note: Forgive formatting oddities. . . Writing on clunky iPad away from home. . . .

That two-by-four upside our country’s head you’ve been waiting to get whomped with? Looks like it’s landing now. We got a banger in 2008, but it didn’t make an much of an impression. Maybe you don’t even remember these people, but then Treasury Secretary Hank Paulson and Fed Chair Ben Bernanke came in like a code blue squad and hooked up the banks to an IV-drip speedball of cocaine and heroin, i.e., “money” that didn’t actually exist (a.k.a. “liquidity,” hallucinated capital), and that crew kept it coming for years.
And then Janet Yellen and her posse kept it coming with never-ending zero interest rate policy (ZIRP) until the national debt canceled America’s future. And that left Jerome Powell pretending there was a way out of this doom-loop. Then came the repo market spasm in September 2019 that freaked out the blob so badly they shut down the whole world with Covid and locked-down economies. And everything since then has been waiting game. The financial world was in hospice.
The wait is over. Everything that can break is breaking: stock markets, bond markets, the galaxy of derivatives — bets on this and that, which will never be honored. Banks are next. Gold and silver are hanging in there for dear life just now, because they’re actually worth something. (And because they are worth something, they‘ll eventually sell off some too, to cover margin calls on other stuff hemorrhaging value. But they will not go to zero  like a lot of other stuff, and they’ll come back stronger.)......more.......


 thirty five minutes with professor mearsheimer speaking about netanyhu's grave mistakes. i'm watching a shorter version but can't find that one so here will certainly be a good alternative;

watch...........


 sent by a friend;

see..........

see............

 

"The Constitution does not authorize the government to lie to the people. When they are caught lying, as they have been, they become illegitimate. It is that illegitimate government which is a threat to Democracy!" -- Michael Rivero

 



 you get what you cultivate, and its on the way here as well;

see............

 there are words for things like this but i can't think of any strong enough to use here and now;


Several Federal Air Marshal (FAM) whistleblowers have come forward to expose that former U.S. Representative and 2020 Democrat presidential candidate Tulsi Gabbard is currently enrolled in the controversial Quiet Skies program, Uncover DC reported.

Quiet Skies is a program by the TSA that uses air marshals to track and observe suspicious passengers. The program’s goal is to identify travelers who may pose a risk to aviation security, in short, a terrorist.

Air marshals observe passengers’ behavior in airports and on flights. They take notes and send detailed reports to the TSA. The program is an expansion of a practice where air marshals surveil subjects of open FBI terrorism investigations. This is the same program weaponized against J6 defendants and their families.

In 2023, Sonya LaBosco, the director of the Air Marshal National Council, made a shocking revelation about the current situation of US air security. According to her, in the current conditions, regular commercial flights will not be serviced by air marshals.

LaBosco explained that the air marshals have been reassigned for the past two years under the Biden regime. They’re either stationed at the border dealing with illegal immigration or tracking individuals linked to the January 6, 2021 events, irrespective of their involvement in any criminal activities.

Sonya LaBosco revealed that a group coined as “Quiet Skies” has been focusing on individuals who happened to be in the National Capitol region during January 2021, tagging them as possible threats. This tracking happens regardless of whether they participated in the Capitol event or other activities surrounding that timeframe...........more..........