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Monday 20 May 2024
News and Commentary for May 20, 2024Assange. From Consortium News: Assange’s Hearing is Monday — Help Us Cover It. [Ed: in the courtroom, Consortium will deliver up to the moment alerts on the proceedings. From Reuters: WikiLeaks' Julian Assange faces U.S. extradition judgment day. [Ed: that is TODAY. He could be extradited with 24 hrs of ruling.] From CNN: Alan Rusbridger: Why Julian Assange’s fate matters.[Ed: by a journalist who worked with Assange.]
From Love Laugh Woof: Rescue Spotlight. Adventures in Rescue Transport: Gypsy & Coco.
Raisi. From Al Jazeera: Iran helicopter crash live news: President Raisi, FM on missing aircraft [Ed: foreign minister onboard as well. Rescue crews attempting to reach the crash site in remote area.] From Zero Hedge: Iranian President's Helicopter Located, Military Deployed To Tehran's Streets: State Media UPDATE: Raisi dead.
From Red State: Crockett Mocked Into Next Week for Huge Mistake She Made While Trying to Raise Money Off Fight With MTG. [Ed: she spelled her own name wrong in the T-shirt's signature.]
Dedollarization. De-Hegemony. From Schiff Sovereign: Why The Dollar Will Lose Its Status As Global Reserve Currency. This would have been unthinkable a few decades ago. But today the rest of the world realizes that they no longer need American funding, leadership, or expertise... [Ed: the process is well underway.] From Zero Hedge: Dismal Data Sparks Dollar Dump - Everything Else Rips On Record Week. ...'soft' data at nine-year lows, new record highs for stocks and gold, bitcoin and bonds bid, oil at six week highs...From Mish Talk: Dear Jerome Powell, Is Everything Under Control? Spotlight Gold and Silver. From the Hill: As American global hegemony ends, multi-alignment rises. [Ed: the interesting thing is that a respect U.S. news source is reporting on this.]
From the Washington Examiner: Biden’s executive privilege over Hur audio, but not transcript, draws scrutiny. [Ed: waved privileged over transcript which some say means he cannot claim it over audio. Wow. This must be *some* embarrassing audio.]]
From Happy Dog Days: Abandoned Dog Immediately Rolls Over For Pets Upon Seeing His Rescuer
From Unherd: Inside the Orbán insurgency Europe's future is being written in Hungary.
Pro-Palestine Protests. From Al Mayadeen: Pro-Israeli billionaires fuel NYC Mayor crackdown on Columbia students. [Ed: fascinating, if accurate.] From Mondoweiss: Morehouse says it will shut down commencement if students protest Biden speech. [Ed: this is almost encouragement.]
From Epoch Bright: World Tiniest Nation Is a One-Acre Sea Fortress That Has Its Own Constitution and National Anthem. [Ed: delightful.]
From Of Two Minds Blog: The Decay Of Everyday Life. So where does this leave us? We're on our own... [Ed: a must read.] From the Libertarian Institute: Conflicts of Interest, Fearmongering, and Data Control Under the Guise of National Security
From Reason: Biden's Spin on Marijuana's Rescheduling Exaggerates Its Practical Impact AND Kamala Harris Claims Biden Pardoned 'Tens of Thousands' of Marijuana Offenders. The vice president's exaggeration reflects a pattern of dishonesty in the administration's pitch to voters who oppose the war on weed. [Ed: Kamala is responsible for putting tens of thousands of people away for minor drug offenses while AG in California.]
From CNN: Deep Fake Scams Growing in Global Frequency and Sophistication, Victim Warns. [Ed: recommended.]
All Things Car. From Slay News: WEF demands limits on car ownership among general public. Regular families with more than 1 vehicle should be forced to give them up. From Auto Blog: Eight Automakers Grilled by US Lawmakers Over Sharing of Connected Car Data With Police. [Ed: listing of which ones require a warrant, which ones do not.]
From City-Journal: The California law that will take down the criminal justice system--coming to a blue state near you. [Ed: by Heather MacDonald.]
Israel-Gaza. From the Associated Press: Gantz Gives Netanyahu Ultimatum Over War. Rival says he'll leave emergency government unless there's a clear plan in place soon. [Ed: hatred of Netanyahu is uniting people.] From Anadolu Agency: Israel on losing end in Gaza war: Former Mossad deputy chief. ‘This war lacks clear objective, and it's evident that we're unequivocally losing it,’ Ram Ben-Barak tells Israeli public radio. From France 24: Aid trucks roll across US military-built pier to Gaza for first time. [Ed: still makes no sense versus a land route.] From Mondoweiss: Unpacking the Israeli campaign to deny the Gaza genocide. [Ed: a must read. I covered the same issue a few days ago.]
From Epoch Bright: Comedy Pet Photo Awards 2024 Reveal 30 Funniest Finalists—Vote for Your Favorite, Win Cash Prize
From SF Gate: Bay Area city orders scientists to stop controversial cloud brightening experiment. [Ed: City of Alameda is taking the matter under review.]
Fico. From Craig Murray: The Drive for War: “Can you imagine the outrage and emotion that would have been expressed by Western powers if not Fico but a pro-Ukraine, anti-Russian leader within the EU had been attacked?” [Ed: even a left wing commentator--especially one as reasonable as Murray--sees the hypocrisy in the West's reaction to Fico.] From France 24: Slovakia’s Fico ‘further stabilised’ after assassination attempt, judge rules suspect to stay in custody.
From Real Clear Policy: Biden Administration Considering China First Aviation Policy. This situation gives Chinese air carriers, and other foreign carriers, a big competitive advantage because they are continuing to fly over Russian air space... [Ed: after imposing huge sanctions on China. The WH is an insane asylum.]
Trump and the Law/Courts. From Spiked: How Michael Cohen became a hero of the #Resistance. Democrats have pinned their hopes of locking up Donald Trump on his odious former fixer. [Ed: even the Left is realizing what a mistake this is.]
From Digg: Swedish Author Makes The Room Laugh For Four Straight Minutes At A Literary Function. [Ed: a must see video.]
From Euro News: Round of a Paws: Barking dogs star in Mozart symphony with Danish Chamber Orchestra
From Love Laugh Woof: Rescue Spotlight. Adventures in Rescue Transport: Gypsy & Coco.
Raisi. From Al Jazeera: Iran helicopter crash live news: President Raisi, FM on missing aircraft [Ed: foreign minister onboard as well. Rescue crews attempting to reach the crash site in remote area.] From Zero Hedge: Iranian President's Helicopter Located, Military Deployed To Tehran's Streets: State Media UPDATE: Raisi dead.
From Red State: Crockett Mocked Into Next Week for Huge Mistake She Made While Trying to Raise Money Off Fight With MTG. [Ed: she spelled her own name wrong in the T-shirt's signature.]
Dedollarization. De-Hegemony. From Schiff Sovereign: Why The Dollar Will Lose Its Status As Global Reserve Currency. This would have been unthinkable a few decades ago. But today the rest of the world realizes that they no longer need American funding, leadership, or expertise... [Ed: the process is well underway.] From Zero Hedge: Dismal Data Sparks Dollar Dump - Everything Else Rips On Record Week. ...'soft' data at nine-year lows, new record highs for stocks and gold, bitcoin and bonds bid, oil at six week highs...From Mish Talk: Dear Jerome Powell, Is Everything Under Control? Spotlight Gold and Silver. From the Hill: As American global hegemony ends, multi-alignment rises. [Ed: the interesting thing is that a respect U.S. news source is reporting on this.]
From the Washington Examiner: Biden’s executive privilege over Hur audio, but not transcript, draws scrutiny. [Ed: waved privileged over transcript which some say means he cannot claim it over audio. Wow. This must be *some* embarrassing audio.]]
From Happy Dog Days: Abandoned Dog Immediately Rolls Over For Pets Upon Seeing His Rescuer
From Unherd: Inside the Orbán insurgency Europe's future is being written in Hungary.
Pro-Palestine Protests. From Al Mayadeen: Pro-Israeli billionaires fuel NYC Mayor crackdown on Columbia students. [Ed: fascinating, if accurate.] From Mondoweiss: Morehouse says it will shut down commencement if students protest Biden speech. [Ed: this is almost encouragement.]
From Epoch Bright: World Tiniest Nation Is a One-Acre Sea Fortress That Has Its Own Constitution and National Anthem. [Ed: delightful.]
From Of Two Minds Blog: The Decay Of Everyday Life. So where does this leave us? We're on our own... [Ed: a must read.] From the Libertarian Institute: Conflicts of Interest, Fearmongering, and Data Control Under the Guise of National Security
From Reason: Biden's Spin on Marijuana's Rescheduling Exaggerates Its Practical Impact AND Kamala Harris Claims Biden Pardoned 'Tens of Thousands' of Marijuana Offenders. The vice president's exaggeration reflects a pattern of dishonesty in the administration's pitch to voters who oppose the war on weed. [Ed: Kamala is responsible for putting tens of thousands of people away for minor drug offenses while AG in California.]
From CNN: Deep Fake Scams Growing in Global Frequency and Sophistication, Victim Warns. [Ed: recommended.]
All Things Car. From Slay News: WEF demands limits on car ownership among general public. Regular families with more than 1 vehicle should be forced to give them up. From Auto Blog: Eight Automakers Grilled by US Lawmakers Over Sharing of Connected Car Data With Police. [Ed: listing of which ones require a warrant, which ones do not.]
From City-Journal: The California law that will take down the criminal justice system--coming to a blue state near you. [Ed: by Heather MacDonald.]
Israel-Gaza. From the Associated Press: Gantz Gives Netanyahu Ultimatum Over War. Rival says he'll leave emergency government unless there's a clear plan in place soon. [Ed: hatred of Netanyahu is uniting people.] From Anadolu Agency: Israel on losing end in Gaza war: Former Mossad deputy chief. ‘This war lacks clear objective, and it's evident that we're unequivocally losing it,’ Ram Ben-Barak tells Israeli public radio. From France 24: Aid trucks roll across US military-built pier to Gaza for first time. [Ed: still makes no sense versus a land route.] From Mondoweiss: Unpacking the Israeli campaign to deny the Gaza genocide. [Ed: a must read. I covered the same issue a few days ago.]
From Epoch Bright: Comedy Pet Photo Awards 2024 Reveal 30 Funniest Finalists—Vote for Your Favorite, Win Cash Prize
From SF Gate: Bay Area city orders scientists to stop controversial cloud brightening experiment. [Ed: City of Alameda is taking the matter under review.]
Fico. From Craig Murray: The Drive for War: “Can you imagine the outrage and emotion that would have been expressed by Western powers if not Fico but a pro-Ukraine, anti-Russian leader within the EU had been attacked?” [Ed: even a left wing commentator--especially one as reasonable as Murray--sees the hypocrisy in the West's reaction to Fico.] From France 24: Slovakia’s Fico ‘further stabilised’ after assassination attempt, judge rules suspect to stay in custody.
From Real Clear Policy: Biden Administration Considering China First Aviation Policy. This situation gives Chinese air carriers, and other foreign carriers, a big competitive advantage because they are continuing to fly over Russian air space... [Ed: after imposing huge sanctions on China. The WH is an insane asylum.]
Trump and the Law/Courts. From Spiked: How Michael Cohen became a hero of the #Resistance. Democrats have pinned their hopes of locking up Donald Trump on his odious former fixer. [Ed: even the Left is realizing what a mistake this is.]
From Digg: Swedish Author Makes The Room Laugh For Four Straight Minutes At A Literary Function. [Ed: a must see video.]
From Euro News: Round of a Paws: Barking dogs star in Mozart symphony with Danish Chamber Orchestra
Sunday 19 May 2024
POV of the elites
News and Commentary for May 19, 2024From the Associated Press: Trump Legal Strategist Enters Plea in Arizona Case. John Eastman is the first defendant arraigned in state's fake elector case. [Ed: Eastman is a highly respected attorney.]
From the Bored Panda: Relentless Rain In Brazil Has Left The Entirety Of Rio Grande Do Sul Flooded As Volunteers Unite To Rescue Animals
From Newser: House Hearing Descends Into Verbal Brawl Between AOC, MTG. GOP Chair James Comer struggled to maintain order during meeting meant to be about Merrick Garland From the Hill: 2 House Panels Clear Contempt Resolutions Against AG Garland. The attorney general has failed to turn over subpoenaed recordings of Biden’s interview with special counsel Hur to two House committees.
From the Verge: The Internet as We Know It Depends on 22 Ships. Inside the world of undersea cable repair
From the Epoch Times: New Brunswick Premier Condemns ‘Brutal Attack’ on Jewish Teen; 16-Year-Old Girl Arrested. [Ed: I hope this is an isolated event. I do not believe it is or will be. I still can't believe I'm seeing Jews attacked in North America.]
Ukraine. From Zero Hedge: Germany Deports 7 Ukrainian Soldiers For Displaying Nazi Symbols. Germany reminds incoming trainees: Kindly leave your Nazi patches at home. [Ed: how many times does the West need to be reminded that the power structure of the Ukraine military is neo-Nazi!?] AND Watch: Zelensky Says 'It's The World’s Fault' That Russia Is Gaining
From the Epoch Times: CBO Report Obscures Negative Impact Of 'Bidenomics': House Budget Committee Chairman. “The fiscal reality under Bidenomics is grim,” [Ed: CBO=Congressional Budget Office.]
From the Daily Mail: CDC Links 84% of Measles Cases in Chicago to Illegal Aliens from Venezuela
Gaza-Israel-Hezbollah. From the Cradle: Hezbollah Launches First-Ever Airstrike On Israeli Territory. Increasingly sophisticated 'mystery weapons'... offensive drone armed with two S5 missiles. From the Libertarian Institute: Palestinian and Israeli Civilians Have a Mutual Interest in Peace. Palestinian and Israeli Civilians Have a Mutual Interest in Peace From Good News Network: US Military Begins Delivering Gaza Aid via Floating Pier Built With ‘Herculean’ Effort. [Ed: I am still skeptical about this project being about aid.]
From Zero Hedge: US Sending Nuclear-Powered Carrier For 'Higher Stakes' Red Sea Mission. Head of Navy Fleet Forces Command: We’re going to be employed for combat.
From the Libertarian Institute: Inheriting Wealth is Good for You (And Society). Inheriting Wealth is Good for You (And Society)
From Andrew Korybko: The Assassination Attempt Against Robert Fico Proves That Fake News Can Radicalize People. ...psychologically at-risk members of society will inevitably be influenced by this...
From Pet Zealot: Good Samaritan Resuscitates Stranger’s Dog That Dropped Dead On A Sidewalk [Ed: includes useful chart.]
From Reason: Daniel Perry's Pardon Makes a Mockery of Self-Defense. Texas Gov. Greg Abbott takes a tactic from the progressive prosecutors he says he opposes. [Ed: I have not looked into this case but Tom Knapp thinks it is a travesty and Tom is rarely wrong.]
From Politico: France riles allies by inviting Russia to D-Day ceremony. Vladimir Putin is not on the guest list, but Russian representatives have been invited to take part in WWII commemoration. AND Ukraine’s Zelenskyy rejects Macron’s Olympic truce proposal. [Ed: definite mixed messages.]
Covid. From Zero Hedge: Ex-NIH Director Confirms 'No Science' Behind 6-Foot Distancing Rules. Which is of course why schools remained closed, ruining actual childhoods...
From Daily Happy Dog: Intelligent Golden Retriever Decided To Settle The Score With His Siblings By Taking Matters Into His Own Paws. [Ed: the youtube is here.]
From the Bored Panda: Relentless Rain In Brazil Has Left The Entirety Of Rio Grande Do Sul Flooded As Volunteers Unite To Rescue Animals
From Newser: House Hearing Descends Into Verbal Brawl Between AOC, MTG. GOP Chair James Comer struggled to maintain order during meeting meant to be about Merrick Garland From the Hill: 2 House Panels Clear Contempt Resolutions Against AG Garland. The attorney general has failed to turn over subpoenaed recordings of Biden’s interview with special counsel Hur to two House committees.
From the Verge: The Internet as We Know It Depends on 22 Ships. Inside the world of undersea cable repair
From the Epoch Times: New Brunswick Premier Condemns ‘Brutal Attack’ on Jewish Teen; 16-Year-Old Girl Arrested. [Ed: I hope this is an isolated event. I do not believe it is or will be. I still can't believe I'm seeing Jews attacked in North America.]
Ukraine. From Zero Hedge: Germany Deports 7 Ukrainian Soldiers For Displaying Nazi Symbols. Germany reminds incoming trainees: Kindly leave your Nazi patches at home. [Ed: how many times does the West need to be reminded that the power structure of the Ukraine military is neo-Nazi!?] AND Watch: Zelensky Says 'It's The World’s Fault' That Russia Is Gaining
From the Epoch Times: CBO Report Obscures Negative Impact Of 'Bidenomics': House Budget Committee Chairman. “The fiscal reality under Bidenomics is grim,” [Ed: CBO=Congressional Budget Office.]
From the Daily Mail: CDC Links 84% of Measles Cases in Chicago to Illegal Aliens from Venezuela
Gaza-Israel-Hezbollah. From the Cradle: Hezbollah Launches First-Ever Airstrike On Israeli Territory. Increasingly sophisticated 'mystery weapons'... offensive drone armed with two S5 missiles. From the Libertarian Institute: Palestinian and Israeli Civilians Have a Mutual Interest in Peace. Palestinian and Israeli Civilians Have a Mutual Interest in Peace From Good News Network: US Military Begins Delivering Gaza Aid via Floating Pier Built With ‘Herculean’ Effort. [Ed: I am still skeptical about this project being about aid.]
From Zero Hedge: US Sending Nuclear-Powered Carrier For 'Higher Stakes' Red Sea Mission. Head of Navy Fleet Forces Command: We’re going to be employed for combat.
From the Libertarian Institute: Inheriting Wealth is Good for You (And Society). Inheriting Wealth is Good for You (And Society)
From Andrew Korybko: The Assassination Attempt Against Robert Fico Proves That Fake News Can Radicalize People. ...psychologically at-risk members of society will inevitably be influenced by this...
From Pet Zealot: Good Samaritan Resuscitates Stranger’s Dog That Dropped Dead On A Sidewalk [Ed: includes useful chart.]
From Reason: Daniel Perry's Pardon Makes a Mockery of Self-Defense. Texas Gov. Greg Abbott takes a tactic from the progressive prosecutors he says he opposes. [Ed: I have not looked into this case but Tom Knapp thinks it is a travesty and Tom is rarely wrong.]
From Politico: France riles allies by inviting Russia to D-Day ceremony. Vladimir Putin is not on the guest list, but Russian representatives have been invited to take part in WWII commemoration. AND Ukraine’s Zelenskyy rejects Macron’s Olympic truce proposal. [Ed: definite mixed messages.]
Covid. From Zero Hedge: Ex-NIH Director Confirms 'No Science' Behind 6-Foot Distancing Rules. Which is of course why schools remained closed, ruining actual childhoods...
From Daily Happy Dog: Intelligent Golden Retriever Decided To Settle The Score With His Siblings By Taking Matters Into His Own Paws. [Ed: the youtube is here.]
Dog loves his new boots. One word, buddie--decaf
Saturday 18 May 2024
News and Commentary for May 18, 2024From WRAL: It Could Soon Be a Crime to Wear a Mask in Public in NC. The bill passed North Carolina's state Senate, was sent to the House. [Ed: can they make up their minds?]
From K9: How a 10 Pound Chihuahua Saved My Life
From Politico.EU: Watch out Brussels, Geert Wilders’ new Dutch government is coming. Far-right leader’s priorities include ripping up EU migration policy and diluting green commitments. [Ed: a right wing wave is about to hit the EU.] AND How Geert Wilders turned all corners of Dutch society into far right voters
From Zero Hedge: Boeing 747 Engine Erupts In Fireball During Takeoff. [Ed: again?!] From Just the News: Autopsy for Boeing whistleblower John Barnett reveals self-inflicted gunshot wound as cause of death. Barnett, 62, who had raised concerns about the safety and quality of Boeing planes, died in Charleston, S.C.
Globalism. From the Epoch Times: The Trouble With World Government. This is not a conspiracy theory. It’s what they said and what they wanted... [Ed: they have stated their goals clearly. People are only now listening.] From James Howard Kunstler: WHO's Fascist F**kery: "Homicidal Racketeering Scheme Masquerading As Disease Prevention". The agreement, to be finalized at the end of this month, will cede what’s left of your liberty to this unelected bureaucracy for the sake of global "equity and inclusivity"...
From the Babylon Bee: Nancy Pelosi Begins Dressing As Hobo After Learning San Francisco Giving Vodka Shots To Homeless
From Zero Hedge: EU Actively Monitoring 'Fake News' On Slovak Prime Minister Assassination Attempt. Properly translated, this is the EU wanting to ensure there are no inconvenient 'conclusions'...
From Real Clear Pennsylvania: Left's "Sue-Till-Green" Strategy Comes To PA. The goal: to effectively revoke the oil and gas industry’s "social license to operate."
From the Organic Prepper: CHOOSE ADVENTURE: This Travel Guide Provides a Practical Education in Modern SHTF Survival. [Ed: recommended.]
From Agorist Nexist: What happens when someone snitches on you. [Ed: from fellow dog-lover, Brandon.]
Ukraine. From Zero Hedge: Ukraine Formally Asks NATO To Send Troops For First Time, Pentagon Mulling. Joint Chiefs chairman: "We’ll get there eventually, over time." [Ed: NATO on the border of Russia=WW3 and Zelensky knows it.] AND Desperate Ukraine Launches Massive Kamikaze Drone Attack Against Russian Black Sea Coast, Sparking Fire At Major Refinery. From Reason: World War War III May Already Have Started—in the Shadows. Cyber intrusions, arson, bombings, and other mayhem feature in the conflict between West and East. [Ed: I fear it has.].
From ABC7: Changes from Visa mean Americans will carry fewer physical credit, debit cards in their wallets. [Ed: the further centrlaizationof your finances under someone else's control.]
From Dog of the Day: Peter Parker, the Long-Haired Dachshund. [Ed: I'd never heard of a long-haired dachschund before.]
From K9: How a 10 Pound Chihuahua Saved My Life
From Politico.EU: Watch out Brussels, Geert Wilders’ new Dutch government is coming. Far-right leader’s priorities include ripping up EU migration policy and diluting green commitments. [Ed: a right wing wave is about to hit the EU.] AND How Geert Wilders turned all corners of Dutch society into far right voters
From Zero Hedge: Boeing 747 Engine Erupts In Fireball During Takeoff. [Ed: again?!] From Just the News: Autopsy for Boeing whistleblower John Barnett reveals self-inflicted gunshot wound as cause of death. Barnett, 62, who had raised concerns about the safety and quality of Boeing planes, died in Charleston, S.C.
Globalism. From the Epoch Times: The Trouble With World Government. This is not a conspiracy theory. It’s what they said and what they wanted... [Ed: they have stated their goals clearly. People are only now listening.] From James Howard Kunstler: WHO's Fascist F**kery: "Homicidal Racketeering Scheme Masquerading As Disease Prevention". The agreement, to be finalized at the end of this month, will cede what’s left of your liberty to this unelected bureaucracy for the sake of global "equity and inclusivity"...
From the Babylon Bee: Nancy Pelosi Begins Dressing As Hobo After Learning San Francisco Giving Vodka Shots To Homeless
From Zero Hedge: EU Actively Monitoring 'Fake News' On Slovak Prime Minister Assassination Attempt. Properly translated, this is the EU wanting to ensure there are no inconvenient 'conclusions'...
From Real Clear Pennsylvania: Left's "Sue-Till-Green" Strategy Comes To PA. The goal: to effectively revoke the oil and gas industry’s "social license to operate."
From the Organic Prepper: CHOOSE ADVENTURE: This Travel Guide Provides a Practical Education in Modern SHTF Survival. [Ed: recommended.]
From Agorist Nexist: What happens when someone snitches on you. [Ed: from fellow dog-lover, Brandon.]
Ukraine. From Zero Hedge: Ukraine Formally Asks NATO To Send Troops For First Time, Pentagon Mulling. Joint Chiefs chairman: "We’ll get there eventually, over time." [Ed: NATO on the border of Russia=WW3 and Zelensky knows it.] AND Desperate Ukraine Launches Massive Kamikaze Drone Attack Against Russian Black Sea Coast, Sparking Fire At Major Refinery. From Reason: World War War III May Already Have Started—in the Shadows. Cyber intrusions, arson, bombings, and other mayhem feature in the conflict between West and East. [Ed: I fear it has.].
From ABC7: Changes from Visa mean Americans will carry fewer physical credit, debit cards in their wallets. [Ed: the further centrlaizationof your finances under someone else's control.]
From Dog of the Day: Peter Parker, the Long-Haired Dachshund. [Ed: I'd never heard of a long-haired dachschund before.]
Friday 17 May 2024
What You Must Know About Interest Rates by MN GordonWhat You Must Know About Interest Rates
by MN Gordon. Economic Prism
Market Violence
The buzz has faded away. The intoxicating effects of the mass money printing and debt binge during the coronavirus years has come and gone. But the hangover remains. And while the money printing has subsided – for now – the debt binge has continued.
The consequences of high consumer price inflation, massive government debt, and countless economic distortions, were never really worth it to begin with. As the last of the stimulus is consumed and wasted away, a great reckoning awaits.
What will happen when the labor market rolls over and debt overloaded consumers lose their jobs? We may soon find out.
In fact, longtime market analyst Gary Shilling sees a recession coming by the end of the year, with unemployment rising up to 7 percent. He also believes stocks, which have been driven higher by speculation, could drop as much as 30 percent. And that the decline could be violent.
[ Read the rest ... ]
by MN Gordon. Economic Prism
Market Violence
The buzz has faded away. The intoxicating effects of the mass money printing and debt binge during the coronavirus years has come and gone. But the hangover remains. And while the money printing has subsided – for now – the debt binge has continued.
The consequences of high consumer price inflation, massive government debt, and countless economic distortions, were never really worth it to begin with. As the last of the stimulus is consumed and wasted away, a great reckoning awaits.
What will happen when the labor market rolls over and debt overloaded consumers lose their jobs? We may soon find out.
In fact, longtime market analyst Gary Shilling sees a recession coming by the end of the year, with unemployment rising up to 7 percent. He also believes stocks, which have been driven higher by speculation, could drop as much as 30 percent. And that the decline could be violent.
[ Read the rest ... ]
News and Commentary for May 17, 2024From American Beat: CRINGE: Anthony Blinken's Off-Key Rendition of "Rockin' in the Free World" Matches His Foreign Policy Failures. [Ed: plus, what is he doing?! Rocking out at a Kiev night club while other parts of Ukraine are being bombed and invaded. Is this a vacation jaunt for him?] From antiwar: 'So Much For Democracy'? Blinken Justifies Ukraine Canceling Elections. Last year Zelensky said he could hold elections if the US & other Western countries paid for them... [Ed: "hey man, as long as I can rock out...it's all good."] From Twitter: Just a US Secretary of State having pizza in a restaurant filled with Nazi memorabilia...
From People: The Comedy Pet Photography Awards Reveal Their 2024 Finalists — See the Hilarious Photos!
Ukraine. From Zero Hedge: Glenn Greenwald Makes An Important Prediction On Ukraine. By this time next year... [Ed: I take Greenwald seriously. A must read.]
Climate Change. From CNN: DeSantis Moves Against Climate Change Battle. Governor signs legislation to 'keep windmills off our beaches,' alter wording in state law. [Ed: let the fits of frenzy begin.] From Armstrong Economics: Al Gore Said The Ice-Caps Would Be Gone By 2014... Yes 2014! The Press refuses to hold all of these failed Climate Change forecasts to task...
From Brownstone Institute: What Happened to Bitcoin? [Ed: by Jeffrey Tucker.]
P.M. Slovakia. From the BBC: Deputy Expects Prime Minister of Slovakia to Survive Shooting. From Politico.EU: Slovak PM Robert Fico in ‘stable, but very serious’ condition after attempted assassination. He was in surgery for 5 hours after sustaining “multiple gunshot wounds,” hospital director said on Thursday morning. From Zero Hedge: Slovak PM Robert Fico Expected To Survive; UK Media Appears To Justify Assassination Attempt, [Ed: the entire West's reaction has been weird.]
From the Associated Press: US Military Says Gaza Pier Is Complete. Floating pier is part of complicated aid delivery project. [Ed: how many people have starved to death while the U.S. was meeting a construction schedule? this is not for aid. It is for military positioning.]
Hunter Biden. From Politico: Hunter Biden’s legal defense has a problem: The patron paying the bills is running out of cash. Kevin Morris, a Hollywood entertainment lawyer who has loaned millions to the president’s son, has told associates he is tapped out. [Ed: poor baby. And I mean both of them.] From Politico: Biden aides worry about psychological torment as Hunter heads for trial. The president has expressed fear that his son may serve time in prison. [Ed: strange how no one worries about the torment of Trump and his family.] From the Associated Press: Judge rejects Hunter Biden’s bid to delay his June trial on federal gun charges. [Ed: thus putting the trial into the election cycle.]
From FunPost: 55 Hilarious Dogs That Will Make You Laugh Out Loud
From Gilbert Doctorow: Vladimir Putin’s state visit to China as reported by WION Indian global television
From FOX: Biden asserts executive privilege over recordings from classified documents probe. The White House has 'protective assertion of privilege over any remaining materials responsive to the subpoenas that have not already been produced'. [Ed: Biden really wants to hide this interview.]
From Spiked: The myth of ‘the Muslim vote’. Activists want to portray British Muslims as a monolithic bloc. Don’t fall for it. [Ed: I believe the same is true of U.S. Muslims.]
From Military.com: The World's First Therapy Dog Was a World War II Pacific Veteran. [Ed: great story. Read all the way thru.]
Trump and the Law/Courts. From Politico: Trump asks New York’s high court to intervene in fight over gag order in hush money trial. The former president’s lawyers filed notice of appeal after appellate court refused request to lift or modify the restrictions. [Ed: the higher he goes, the better his odds.] From Zero Hedge: Cohen Destroyed: Trump Lawyer "Dog Walks" Star Witness Through Lie After Lie, CNN Pundits Aghast
From South Front: "West's Governments Need War" Warns Martin Armstrong "Because Their Debts Are No Longer Sustainable". "It is unlikely that we can avoid world war... They will use the war as the excuse for defaults – as was the case for WWII." [Ed: many signs, such as German's reinstatement of the draft, point to this.]
Everyday Finances. From Mish Talk: Retail Sales Fall Flat, Are Consumers About to Throw in the Towel? AND Hoot of the Day, Biden Blames Grocery Stores for High Prices and Excessive Profits. [Ed: a must read.] From Washington Examiner: Struggling restaurants announce deals to lure in customers as inflation remains high. From the Daily Caller: Don’t Buy The Spin: Americans Are Getting Poorer While Prices Keep Going Up
From the Epoch Times: WHO Pandemic Agreement Faces Scant Opposition in Canada, as UK Rejects Current Text
Immigration. From Zero Hedge: Hezbollah Leader Threatens To "Open The Sea" To Flood Europe With Migrants. Lebanon currently home to 2 million displaced Syrians... [Ed: the EU manufactured the migrant crisis for itself.]
From Sunny Skyz: 'This Baby's Not Dying Today': Stranger Saves Infant From Burning Home. [Ed: toxic masculinity.]
From Pepe Escobar: De-Dollarization Bombshell - The Coming Of BRICS+ Decentralized Monetary Ecosystem. Something called “The Unit” is going to do battle with dollar... [Ed: a must read. Plan accordingly.]
From Stars and Stripes: US threats led to rupture of vital military ties, Nigerien leader says. [Ed: Russians are reportedly now occurpying $110M air base that the U.S. recently built. All because the U.S. negotiator threatened the Niger gov. and tried to mandate Niger's foreign policy.]
From the Animal Channel: Deaf dog abandoned in shelter is convinced she’ll be surrendered again when 2 men bring her home
From People: The Comedy Pet Photography Awards Reveal Their 2024 Finalists — See the Hilarious Photos!
Ukraine. From Zero Hedge: Glenn Greenwald Makes An Important Prediction On Ukraine. By this time next year... [Ed: I take Greenwald seriously. A must read.]
Climate Change. From CNN: DeSantis Moves Against Climate Change Battle. Governor signs legislation to 'keep windmills off our beaches,' alter wording in state law. [Ed: let the fits of frenzy begin.] From Armstrong Economics: Al Gore Said The Ice-Caps Would Be Gone By 2014... Yes 2014! The Press refuses to hold all of these failed Climate Change forecasts to task...
From Brownstone Institute: What Happened to Bitcoin? [Ed: by Jeffrey Tucker.]
P.M. Slovakia. From the BBC: Deputy Expects Prime Minister of Slovakia to Survive Shooting. From Politico.EU: Slovak PM Robert Fico in ‘stable, but very serious’ condition after attempted assassination. He was in surgery for 5 hours after sustaining “multiple gunshot wounds,” hospital director said on Thursday morning. From Zero Hedge: Slovak PM Robert Fico Expected To Survive; UK Media Appears To Justify Assassination Attempt, [Ed: the entire West's reaction has been weird.]
From the Associated Press: US Military Says Gaza Pier Is Complete. Floating pier is part of complicated aid delivery project. [Ed: how many people have starved to death while the U.S. was meeting a construction schedule? this is not for aid. It is for military positioning.]
Hunter Biden. From Politico: Hunter Biden’s legal defense has a problem: The patron paying the bills is running out of cash. Kevin Morris, a Hollywood entertainment lawyer who has loaned millions to the president’s son, has told associates he is tapped out. [Ed: poor baby. And I mean both of them.] From Politico: Biden aides worry about psychological torment as Hunter heads for trial. The president has expressed fear that his son may serve time in prison. [Ed: strange how no one worries about the torment of Trump and his family.] From the Associated Press: Judge rejects Hunter Biden’s bid to delay his June trial on federal gun charges. [Ed: thus putting the trial into the election cycle.]
From FunPost: 55 Hilarious Dogs That Will Make You Laugh Out Loud
From Gilbert Doctorow: Vladimir Putin’s state visit to China as reported by WION Indian global television
From FOX: Biden asserts executive privilege over recordings from classified documents probe. The White House has 'protective assertion of privilege over any remaining materials responsive to the subpoenas that have not already been produced'. [Ed: Biden really wants to hide this interview.]
From Spiked: The myth of ‘the Muslim vote’. Activists want to portray British Muslims as a monolithic bloc. Don’t fall for it. [Ed: I believe the same is true of U.S. Muslims.]
From Military.com: The World's First Therapy Dog Was a World War II Pacific Veteran. [Ed: great story. Read all the way thru.]
Trump and the Law/Courts. From Politico: Trump asks New York’s high court to intervene in fight over gag order in hush money trial. The former president’s lawyers filed notice of appeal after appellate court refused request to lift or modify the restrictions. [Ed: the higher he goes, the better his odds.] From Zero Hedge: Cohen Destroyed: Trump Lawyer "Dog Walks" Star Witness Through Lie After Lie, CNN Pundits Aghast
From South Front: "West's Governments Need War" Warns Martin Armstrong "Because Their Debts Are No Longer Sustainable". "It is unlikely that we can avoid world war... They will use the war as the excuse for defaults – as was the case for WWII." [Ed: many signs, such as German's reinstatement of the draft, point to this.]
Everyday Finances. From Mish Talk: Retail Sales Fall Flat, Are Consumers About to Throw in the Towel? AND Hoot of the Day, Biden Blames Grocery Stores for High Prices and Excessive Profits. [Ed: a must read.] From Washington Examiner: Struggling restaurants announce deals to lure in customers as inflation remains high. From the Daily Caller: Don’t Buy The Spin: Americans Are Getting Poorer While Prices Keep Going Up
From the Epoch Times: WHO Pandemic Agreement Faces Scant Opposition in Canada, as UK Rejects Current Text
Immigration. From Zero Hedge: Hezbollah Leader Threatens To "Open The Sea" To Flood Europe With Migrants. Lebanon currently home to 2 million displaced Syrians... [Ed: the EU manufactured the migrant crisis for itself.]
From Sunny Skyz: 'This Baby's Not Dying Today': Stranger Saves Infant From Burning Home. [Ed: toxic masculinity.]
From Pepe Escobar: De-Dollarization Bombshell - The Coming Of BRICS+ Decentralized Monetary Ecosystem. Something called “The Unit” is going to do battle with dollar... [Ed: a must read. Plan accordingly.]
From Stars and Stripes: US threats led to rupture of vital military ties, Nigerien leader says. [Ed: Russians are reportedly now occurpying $110M air base that the U.S. recently built. All because the U.S. negotiator threatened the Niger gov. and tried to mandate Niger's foreign policy.]
From the Animal Channel: Deaf dog abandoned in shelter is convinced she’ll be surrendered again when 2 men bring her home
Thursday 16 May 2024
News and Commentary for May 16, 2024Pro-Palestine Protests. From Time: Democrats Want to Limit Protests at the Chicago Convention. Activists Have Other Plans. [Ed: may be braggadocio but a coalition of 70 orgs say there will be tens of thousands of protestors who will not stay in the protest zone.] From The Grayzone: UCLA attackers exposed: meet the violent Zionist agitators LA police haven’t arrested. From the Babylon Bee: Organizer Of Walkout Against Jerry Seinfeld Revealed
From Pet Buzz: She Asked Her Dog If He Is A Good Boy. When He Replied, I Laughed Out Loud
From PJ Media: Get Your Dirty Paws Away From My Hot Showers, Hippie
Everyday Finances. From Zero Hedge: Consumer Prices Have Risen Every Month Since 'Bidenomics' Began, Up 19.5% To Record High. ...on a MoM basis, CPI rose less than expected... [Ed: you can't compare one month to another. For example, they just removed items like coffee from the calculations because the price is rising too quickly.] From Zero Hedge: Tyson Foods CEO Unsure When Nation's Collapsing Beef Herd Will Reverse. Enjoy higher patty prices...
From the Guardian: ‘My whole library is wiped out’: what it means to own movies and TV in the age of streaming services. Ownership rights are buried in the fine print and downloading or buying physical copies may be the only ways to keep your favourites
Ukraine. From Alt-Market: Russia Is About To Overrun Ukraine's Defenses – Why Are There No Peace Negotiations? ... the underlying plan may very well be to try to force Americans and Europeans to accept an expanding war with Russia. From Eastern Angle: Kiev is intensifying its “Ukrainianization offensive”, a genuine cultural genocide, with the complicity of the collective West. [Ed: suspending elections, attacking the Russian Orthodox Church, cultural genocide...at least the West knows what it's fighting for.]
From Zero Hedge: Slovakia’s Populist Prime Minister Robert Fico Has Been Shot. Has been outspoken against deepening Western involvement in the Ukraine war... UPDATE: it appears that he will live. [Ed: I fear the same fate for Trump. It is the next step if lawfare fails.]
From the New Scientist: Quantum Internet Draws Near Thanks To Entangled Memory Breakthroughs.
From Spiked: ‘The elites are hoarding the American Dream’. Batya Ungar-Sargon on the establishment’s betrayal of the working classes. [Ed: the Dems were once the party of the working people.]
From Pomsky Dog: Soldier To Reunite With Stray Dog She Adopted While Deployed
From the Post Millennial: Man arrested for assaulting Canadian cop with 'block of cheese'. Exactly which variety of cheese had been used in the attack was not made public. [Ed: only in Canada.]
Trump and the Law/Courts. From Jonathan Turley: Did Michael Cohen Commit Perjury In The Trump Trial? ...an honest judge would have no alternative but to grant a motion for a directed verdict and end the case before it goes to the jury. [Ed: "honest" is the wild card here.] From the National Review: Trump Should Be Acquitted in Manhattan. [Ed: by Andrew McCarthy. A must read.] From PJ Media: Cohen Made Huge Admission in NYC Trump Case and Now the Tumblers Begin to Fall in Place
From FOX 7 Austin: Galveston bridge collapse: Pelican Island Bridge hit by barge.
From Slashdot: Flood of Fake Science Forces Multiple Journal Closures
Upcoming U.S. Elections. From Zero Hedge: "Make My Day, Pal": Biden Wants June, September Debates; Trump Accepts: "I'm Ready To Go". Biden insists that microphones are only switched on during each candidate's turn... [Ed: is he setting Trump up to violate one of the many, many rules...and so blame Trump for there being no debates?] From the Washington Examiner: Biden Is Already Trying to Write His Own Rules for Debates With Trump. From Red State: A Closer Look at Joe Biden Debate Video Is Funny and Shows How Bad He Truly Is
From the Babylon Bee: White House Installs Breathalyzer On Kamala Harris’s Microphone
From the Post Millennial: Donald Trump praises Afroman’s new song torching Hunter Biden: ‘So great!’
Covid. From the Epoch Times: "They Left Us No Choice": Woman With Vaccine Injury In Clinical Trial Sues AstraZeneca. No funds came to the family, forcing them to refinance their home.
From the Humane society of Missouri: Shelter Buddies Reading Program
Big Picture Economics. From Prof Steve Keen: Your Margin and Your Life. [Ed: take seriously.] From the Brownstone Institute: Money's Grim Future. Prepare for total control of your economic life. [Ed: CBDC.]
From Reason: Black People Overwhelmingly Want To Maintain—or Increase—Police Presence. They Also Want Better Police. The dominant media narrative has obscured much of the nuance here.
Rafah. From Al Jazeera: Israel’s war on Gaza live: 600k displaced from Gaza since May 6 – UN. [Ed: specifically from Rafah.]
From Amazing PandPH: While enjoying his Nap They introduce him a Goat …Wait until you see the puppy’s reaction! PRICELESS!! [Ed: this is really cute.]
From Pet Buzz: She Asked Her Dog If He Is A Good Boy. When He Replied, I Laughed Out Loud
From PJ Media: Get Your Dirty Paws Away From My Hot Showers, Hippie
Everyday Finances. From Zero Hedge: Consumer Prices Have Risen Every Month Since 'Bidenomics' Began, Up 19.5% To Record High. ...on a MoM basis, CPI rose less than expected... [Ed: you can't compare one month to another. For example, they just removed items like coffee from the calculations because the price is rising too quickly.] From Zero Hedge: Tyson Foods CEO Unsure When Nation's Collapsing Beef Herd Will Reverse. Enjoy higher patty prices...
From the Guardian: ‘My whole library is wiped out’: what it means to own movies and TV in the age of streaming services. Ownership rights are buried in the fine print and downloading or buying physical copies may be the only ways to keep your favourites
Ukraine. From Alt-Market: Russia Is About To Overrun Ukraine's Defenses – Why Are There No Peace Negotiations? ... the underlying plan may very well be to try to force Americans and Europeans to accept an expanding war with Russia. From Eastern Angle: Kiev is intensifying its “Ukrainianization offensive”, a genuine cultural genocide, with the complicity of the collective West. [Ed: suspending elections, attacking the Russian Orthodox Church, cultural genocide...at least the West knows what it's fighting for.]
From Zero Hedge: Slovakia’s Populist Prime Minister Robert Fico Has Been Shot. Has been outspoken against deepening Western involvement in the Ukraine war... UPDATE: it appears that he will live. [Ed: I fear the same fate for Trump. It is the next step if lawfare fails.]
From the New Scientist: Quantum Internet Draws Near Thanks To Entangled Memory Breakthroughs.
From Spiked: ‘The elites are hoarding the American Dream’. Batya Ungar-Sargon on the establishment’s betrayal of the working classes. [Ed: the Dems were once the party of the working people.]
From Pomsky Dog: Soldier To Reunite With Stray Dog She Adopted While Deployed
From the Post Millennial: Man arrested for assaulting Canadian cop with 'block of cheese'. Exactly which variety of cheese had been used in the attack was not made public. [Ed: only in Canada.]
Trump and the Law/Courts. From Jonathan Turley: Did Michael Cohen Commit Perjury In The Trump Trial? ...an honest judge would have no alternative but to grant a motion for a directed verdict and end the case before it goes to the jury. [Ed: "honest" is the wild card here.] From the National Review: Trump Should Be Acquitted in Manhattan. [Ed: by Andrew McCarthy. A must read.] From PJ Media: Cohen Made Huge Admission in NYC Trump Case and Now the Tumblers Begin to Fall in Place
From FOX 7 Austin: Galveston bridge collapse: Pelican Island Bridge hit by barge.
From Slashdot: Flood of Fake Science Forces Multiple Journal Closures
Upcoming U.S. Elections. From Zero Hedge: "Make My Day, Pal": Biden Wants June, September Debates; Trump Accepts: "I'm Ready To Go". Biden insists that microphones are only switched on during each candidate's turn... [Ed: is he setting Trump up to violate one of the many, many rules...and so blame Trump for there being no debates?] From the Washington Examiner: Biden Is Already Trying to Write His Own Rules for Debates With Trump. From Red State: A Closer Look at Joe Biden Debate Video Is Funny and Shows How Bad He Truly Is
From the Babylon Bee: White House Installs Breathalyzer On Kamala Harris’s Microphone
From the Post Millennial: Donald Trump praises Afroman’s new song torching Hunter Biden: ‘So great!’
Covid. From the Epoch Times: "They Left Us No Choice": Woman With Vaccine Injury In Clinical Trial Sues AstraZeneca. No funds came to the family, forcing them to refinance their home.
From the Humane society of Missouri: Shelter Buddies Reading Program
Big Picture Economics. From Prof Steve Keen: Your Margin and Your Life. [Ed: take seriously.] From the Brownstone Institute: Money's Grim Future. Prepare for total control of your economic life. [Ed: CBDC.]
From Reason: Black People Overwhelmingly Want To Maintain—or Increase—Police Presence. They Also Want Better Police. The dominant media narrative has obscured much of the nuance here.
Rafah. From Al Jazeera: Israel’s war on Gaza live: 600k displaced from Gaza since May 6 – UN. [Ed: specifically from Rafah.]
From Amazing PandPH: While enjoying his Nap They introduce him a Goat …Wait until you see the puppy’s reaction! PRICELESS!! [Ed: this is really cute.]
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