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Money Troubles

“As for the evil: It lurks in the interstices of our bureaucratic institutions, which, as they have grown in size and complexity since the nineteenth century, behave in ways that are increasingly impossible to understand and contrary to human flourishing.” — Eugyppius on Substack

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       Money is all theoretical… until it’s not. Paper money is bad enough, as France learned under the tutelage of the rascal John Law in the early 1700s. The nation was broke, exhausted by foolish wars, and heaped under unbearable debt. Monsieur Law, a Scottish genius-wizard (the Jerry Lewis of political economy), landed in Paris, cast a spell on the regent Duc d’Orléans, set up a magic credit engine fueled by dreams of untold riches-to-come burgeoning out of the vast, new-found lands called Louisiana up the Mississippi River, and modern finance was born!

       The stock-and-money schemes known as the Mississippi Bubble soon ruined France and put finance in such a bad odor that the word “banque” could not be used in polite society there for a century to come. Monetary inflation became a thing for the first time since Roman days — a much easier trick with printed paper banknotes than with silver coins — but the effect was the same: the evaporation of “wealth” (which is what money supposedly represents). At the height of the crisis, trading in gold was criminalized, though that was so easily worked-around due to sheer custom and habit that the Crown had to re-legalize it. The frenzy from start to finish lasted only a few years, but the nation was set on the path that would eventually lead to revolution. Law ended his days dolefully running card games in Venice.

      Likewise, the creaking polity called the USA in our time spawned many new incarnations of John Law as it transitioned from being “the arsenal of democracy” — you know, making real things — to a land of make-believe, where unicorns galloped over rainbows conjured by computer magic and utopian wishes of equity, diversity, and inclusion. The overhang of previously amassed wealth kept those dreams going long after we discontinued the rough and messy business of making stuff, and thereby generating real wealth. But now a klaxon blares, signaling the end of dream-time, and the nation wakes up in a ramshackle house with the floor giving way under the bed.

      The rot was plain to see in the banking architecture built on US treasury paper (bills, notes, bonds) as rising interest rates undercut the price of all the debt paper issued previously at lower rates. And this was the collateral that banks generally held the depositors’ money in. So, when it became necessary to declare a problem with the balance sheet, and cash had to be raised to cover it, the treasury paper could only be sold at a loss, liabilities exceeded assets, word got out, depositors rushed to secure the money in their accounts, and that was all she wrote for yon bank, in this case, Silicon Valley Bank, the first to crumble.

      Since banks today exist in a vast matrix of interconnected obligations — promises to pay this-and-that — fear grows that the rot from one bank, such as SVB, will infect many other banks that are no longer able to keep their promises about paying this-and-that, leading to a daisy-chain of things not getting paid. For an economy, that’s about the same as the blood ceasing to circulate in a body.

      The practice in situations such as this (say, as in 2008-09) is for the governing authorities — who supposedly rule over the banking world like gods — to rush to rescue these outfits with “liquidity,” money (or representations of it) as required to re-balance things, or, maybe provide the impression of re-balancing until something else can be figured out. The Jupiter and Minerva of American banking, Jay Powell and Janet Yellen, were faced with just that sort of call for divine intervention over the weekend as fear seeped into every nook and crevice of the money world that wealth was flaring away in the long-feared-of conflagration out of the dumpster banking had become.

      Sunday morning, Ms. Yellen told CBS News “bailouts, no way” but by the afternoon Mr. Powell cried “bailouts, way,” and they had to get their story straight. They offered up $25-billion to bail out depositors for a smoldering system that will arguably require a trillion dollars or more of liquidity to quench the spreading fires. One thing looks for sure: the interest rate hikes that Mr. Powell spoke of so confidently only days ago just got stashed into his folder labeled “Fuggeddabowdit.” So, the campaign to control inflation must now yield to the urgent need to create a whole lot of money to spray over those fires.

      You may have noticed that the value of your money has been slip-sliding away the past year or so. Peanut butter at five bucks a jar, and all. The situation at hand kind of guarantees that we’ll be seeing a whole lot more of that. And then the gods of money will have lost control of the interest rate console altogether. No more tweaking the broken knobs. More inflation will prompt US treasury paper holders to dump what they can while there’s still some value to retrieve. But the US has to issue more debt for all the bail-outs and theoretical buyers of new debt will perforce bid up the rates to keep up with inflation… and yet the US can’t possibly bear the burden of paying higher interest on its debt. Looks like the business model for running the USA is breaking down before our eyes.

      Luckily, Cap’n “Joe Biden” is at the helm of this steaming garbage barge. His conference room full of geniuses is ready with the solution to our predicament: the long-mythologized Central Bank Digital Currency — a dream-come-true for would be tyrants… the Godzilla of unicorns whinnying atop the biggest rainbow of all: the promise of endless magic money for everybody, forever. All you have to do to get it is: surrender your decision-making power over your own life. The government will amalgamate your few remaining assets in a CBDC account, tell you exactly what to spend it on, and shut off your little card if you show any contrary impulses.

     Well, they can try it. I doubt it will work. Instead, the government will melt down in its own rancid puddle of insolvency, the meta-grift will grind to an end, and it will be everyone for his / her / they self in the broke-down Palace of Chaos for a while… until things emergently reconstruct. But I get a little ahead of myself. It’s not even ten o’clock on Monday morning.

     Oh, and then there’s Ukraine….


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View all posts by James Howard Kunstler
James Howard Kunstler is the author of many books including (non-fiction) The Geography of Nowhere, The City in Mind: Notes on the Urban Condition, Home from Nowhere, The Long Emergency and the four-book series of World Made By Hand novels, set in a post economic crash American future. His most recent book is Living in the Long Emergency; Global Crisis, the Failure of the Futurists, and the Early Adapters Who Are Showing Us the Way Forward. Jim lives on a homestead in Washington County, New. York, where he tends his garden and communes with his chickens.

927 Responses to “Money Troubles”

  1. RD March 13, 2023 at 9:49 am #

    Give a man a gun, he can rob a bank. Give a man a bank, he can rob the whole world.

    • Walter B March 13, 2023 at 9:53 am #

      Make a man a fire and keep him warm though the night. Set a man on fire and keep him warm for the rest of his life.

      • AKlein March 13, 2023 at 12:50 pm #

        Very good, Walter, very good. In a similar jocular vein, I thought that our host’s metaphor that “the nation wakes up in a ramshackle house with the floor giving way under the bed” might be enhanced a bit by having the nation wake up only to discover that the stairs to the first floor (and terra firma) have been burnt as firewood.

      • Starman March 13, 2023 at 2:32 pm #

        Teach a man to fish and he can feed himself for the rest of his life; give him a fish and he will forever be dependent on your largesse.

        • Epicur March 14, 2023 at 12:59 am #

          Or:
          Teach a man to fish and he’ll sit in a boat and drink beer all day.

    • shotho March 13, 2023 at 10:33 am #

      things are not going to “emergently reconstruct”. Chaos ensues and will last a very long time.

      • MaryQueen March 13, 2023 at 10:57 am #

        I don’t know.

        In many ways, humans are like ants.

        Notice what happens if you hose away a few ant hills on the driveway? They start reconstructing immediately. By the next day, they are back where they were.

        • Beryl of Oyl March 13, 2023 at 11:21 am #

          I have always thought that I benefitted greatly from reading Aesop’s Fables when I was a child.

          Even people just a few years younger than me, I would find, have never heard of those.

          You comment made me thing of The Ant And the Grasshopper.

          • elysianfield March 13, 2023 at 12:17 pm #

            ” The Ant And the Grasshopper.”

            Oyl,
            …It’s what’s for breakfast….

          • MaryQueen March 13, 2023 at 6:20 pm #

            Yes!

            Sadly, most people are grasshoppers.

          • Paula D March 13, 2023 at 9:10 pm #

            Americans have been taught to be grasshoppers.

            Save? The banks will fail and take your savings.

        • ThorsHammer March 13, 2023 at 12:40 pm #

          Mary
          That’s why homo sapiens include radioactivity in their arsenal of freedom. Proof that they are smarter than ants.

        • oswegatchie March 13, 2023 at 12:41 pm #

          But remember, ants overall have a much higher intelligence level than the average American.

          • wokethis March 13, 2023 at 10:19 pm #

            True but I do not believe that is exclusive to Americans…

        • Anthea March 14, 2023 at 8:50 am #

          When you consider what the American diet is like, and how we are constantly assaulted by herbicides, pesticides, chemical contaminants of all kinds, and vaccines, it has often struck me that humans are very hard to kill.

          • Paula D March 14, 2023 at 12:28 pm #

            I learned that working in the ER.

    • Walter B March 13, 2023 at 10:34 am #

      Quoting Bill Holter, “Banks are sharks. There is nothing left for them to eat, so now they are eating each other”! Brilliant.

      In the end, there can be only One.

      • JohnAZ March 13, 2023 at 10:47 am #

        Banks are financial, they produce nothing.

        When conditions dictate, they must be allowed to fail and just go away.

        The result will be a healthy competitive banking system instead of the rot we see today.

        • malthuss March 13, 2023 at 11:26 am #

          thats like Marx s absurd statement.

          No, banks do work, good or bad.

          Landlords, like all other men, love to reap where they never sowed.–MARX

          • JohnAZ March 13, 2023 at 12:11 pm #

            Okay, they still produce nothing and they still must be allowed to fail.

          • Anthea March 13, 2023 at 12:46 pm #

            @ malthuss:

            Burglars also do work. So do drug dealers human traffickers. The effort that goes into an enterprise does not necessarily equal productivity.

        • Creekwood March 13, 2023 at 11:33 am #

          Banks are financial parasites.

        • elysianfield March 13, 2023 at 12:23 pm #

          “they produce nothing.”

          John,
          Not exactly correct. At a certain point, they produce liquidity for the masses. Why do you think there was the “Cross of Gold” speech?

          “…If they dare to come out in the open field and defend the gold standard as a good thing, we shall fight them to the uttermost, having behind us the producing masses of the nation and the world. Having behind us the commercial interests and the laboring interests and all the toiling masses, we shall answer their demands for a gold standard by saying to them, you shall not press down upon the brow of labor this crown of thorns. You shall not crucify mankind upon a cross of gold.

          At the base level, the issue was liquidity.

          • Paula D March 13, 2023 at 1:32 pm #

            Funny that over a hundred years later we have people swearing that what we need is a new gold standard.

            No historical memory at all.

          • Anthea March 14, 2023 at 8:53 am #

            I have never understood the objection to a gold standard. Maybe someone could enlighten me as to why it’s a problem.

          • Paula D March 14, 2023 at 12:33 pm #

            A gold standard, as Jennings Bryan pointed out, limits the ability of economic expansion and wage increases.

            I personally think that expansion for the sake of expansion is not a good thing, but if you have a system that cannot function without expansion, and the money runs out because the gold is limited, then you have economic collapse, the way the US had every 20 years during the 19th century.

            They discovered gold in Alaska about the same time as that speech, and it kept the gold-backed currency going for a while longer, but at some point it had to stop, so it did.
            They used silver for a while, but the same thing happened with that.

          • Anthea March 14, 2023 at 7:32 pm #

            @ Paula D:

            I’m still not getting the mechanism whereby gold “limits the ability of economic expansion and wage increases.”

            So, let’s say that the limited supply of gold means that the supply of money vis-a-vis the supply of good is limited. Less money chasing more goods should be deflationary. Money (gold) would have a higher value, proportional to its scarcity.

            People who advocate for a gold standard point out that this would end inflation. I.e., you might not get a raise, but your money wouldn’t decline in value, and would probably be worth more. Technological advances should also be deflationary: more goods can be produced with fewer man-hours of work. We’ve had about 200 years of rapid technological advances. Yet, because of the erosion of the value of money, our cost of living is actually high, rather than lower.

            I’m also not clear on why gold limits economic expansion. (I’m not trying to be argumentative. I’d honestly like to know how this works.) We had tremendous economic expansion during the years when we had a gold standard.

            I think the argument must be that the limited supply of gold would limit the availability of capital, but I’m not seeing how, especially since the value of gold would seem to be likely to either be stable or increase. (Maybe you’d have to have been there.)

          • Anthea March 14, 2023 at 7:47 pm #

            @ Paula D:

            My impression is that the economic collapses of the 19th Century had more to do with bankster shennanigans than with the gold standard. “The Creature from Jekyll Island” documents this–though my understanding of what the banks were up to is hazy at best.

          • Anthea March 14, 2023 at 7:51 pm #

            Henry George also talks about the depressions/recessions and their causes quite a bit, in “Progress and Poverty.” He attributes them mainly to the speculative increase in rent values–mainly the buying up of land for speculative purposes, rather than for use–though this argument can be extrapolated to include all “rentier”-type doings. The “rentier” being a person who gains income without productivity, which can be done in many ways.

          • Paula D March 14, 2023 at 9:30 pm #

            If your money is tied to the amount of gold you have, then you cannot have profit or interest, unless you have “banking shenanigans”.

            Capitalism runs on profit, banking runs on interest. If you have a stable currency, both will crash, which is what happened every 20 years or so in the 19th century.

            You could have a stable system if you took profit and interest out of its functioning, and only produced for use, meaning the basics of life for all, but that is not how our system works, so tying the money system to a finite supply of gold just won’t do. Nothing is produced unless a profit can be made. The biggest profits are in speculation, so that is where the money is mostly spent, albeit with the war machine and the drug producers right up there.

            You can see that the last 40 years of continual pump-priming and Plunge Protection has managed to keep the system staggering along, managing to produce food for everyone and shelter for most, but we have now hit the wall.

            Without the petrodollar forcing the rest of the world to sell their resources and labor cheaply to us, we will be forced to live within our means.

            Hence: the crash.

          • Paula D March 14, 2023 at 9:34 pm #

            You have to have inflation in order to pay the interest on the loans.
            Only the principle is loaned. The interest has to come from somewhere else.
            Therefore, either they pump more money into the system, so that the loans can be repaid with interest or the debtor defaults and the creditor crashes.
            It works the same way with profits. There has to be money coming from somewhere else or the aggregate working class cannot buy back all that it produces, because they don’t get paid the full value of their labor, because that is where the profit comes from.

          • Anthea March 15, 2023 at 10:37 am #

            @ Paula D:

            Well, first of all the “banking shennanigans” of the 19th Century pure a collection of pure frauds. (I don’t have “The Creature from Jekyll Island” at hand, as I loaned it out.)

            Secondly, it seems to me that you can have both profit and interest with a (fairly) fixed amount of gold in existence, due to technological advances continually increasing the value of the gold, which is thus deflationary.

            The 19th and 20th Centuries were both eras of spectacular increases in productivity, due to technological advances. E.g., it now takes only a tiny fraction of the man-hours required to produce a loaf of bread now, as it did in 1850. One farmer can now produce more wheat than 50 could. Threshing and milling is mechanized. The baker has machinery for the process of bread-making. When you make bread at home, you cut the time requirements by half or more by using a bread machine.

            The same if true for heating you house. An hour’s worth of labor cutting, splitting, and stacking firewood, carrying it into the house, starting the fire and tending it, will not get you nearly as much heat as an hour’s income from a job, used to pay the gas bill. Likewise, you could spend many hours making candles (after you tended the bees or rendered the tallow from the cattle you fed and cared for). Or you could pay your electric bill, at a far lower cost in man-hours, and flip a switch.

            So, basically, the value of gold today should be about 100 times what it was 100 years ago. (Maybe more.) Fiat money is worth nearly 100 times less.

            So it seems to me that the value of gold, in a deflationary environment in which technological advances and far greater productivity are continually increasing the value of the gold, SHOULD obviate the need for interest. Basically, if you lent out gold, you’d automatically collect, say, 10% a year, due to the increase in its value alone.

            Now, as for profit: My view (having run a VERY small business out of my kitchen) is that I’m entitled to get paid for my work. That is my profit.

            In manufacturing, the way you calculate what you should charge the end customer is this: Retail price should be four times input costs, including the hourly wage you pay yourself.

            If you are a retailer (buying stuff for retail, rather than manufacturing it) the retail price of goods is twice the wholesale price you paid for it.

            These calculations are supposed to ensure than you get paid for your work and time, and that you don’t go bankrupt.

            Now, if you were a big company and there were people who had loaned you money/gold, and they expected a return, things would look a little different.

            I can see how a person who owned gold would be reluctant to lend it out, in an environment in which he/she was getting a 10% return, simply due to deflation. So you have to wonder what amount of interest you’d have to pay them to compensate them for their risk. But that’s why we have business plans and credit scores and bean-counters, I guess.

            Anyway, I don’t see a problem with gold money from the standpoint of interest and profit.

            Now, Tickerguy doesn’t think gold money would solve our problems, apparently because banks or other entities holding gold for safekeeping have always played the fractional-reserve game–going back hundreds or thousands of years. I don’t know the answer to that one. Laws, maybe? Maybe laws that somebody enforced? But I suppose that idea is futile.

          • Paula D March 15, 2023 at 11:30 am #

            If gold increases in value, that is inflationary, not deflationary.

            If you can’t make a profit because no one has enough money, that is deflationary.

            So you have people starving while farmers dump milk and kill pigs, because they can’t make enough money selling them.

            Just like when people don’t have enough money to buy goods at the store, the store goes out of business, and you can buy stuff cheap, i.e. deflation.
            But then the store is gone, so the next time you need something it isn’t there.

            Bankers holding gold and issuing bank notes, with the gold as collateral, is what you call “banking shenanigans”, but it is, as you note, a longstanding practice.
            It continues as long as enough people borrow enough bank notes to make it possible to pay interest. It’s only called a ponzi scheme when non-bankers do it.
            But it crashes the same way. At some point more people want their gold (or money) back than the bank has on hand.
            That is called a bank run, and that is when the whole thing comes crashing down.
            Sure, then there is deflation, but it won’t matter, because either you don’t have enough money to buy goods, or you do have enough, but there is no one in business to sell it to you.

            That is why they switched to continual money creation, “priming the pump”, especially in the last 40 years. They wanted to keep the system running.

            But now we have come to the part where we can’t even pay the interest, let alone the principle.
            And this is where we learn about the limits of profit and interest.

          • Anthea March 16, 2023 at 12:41 am #

            Well, no. When money/gold increases in value, it is deflationary. If money/gold is worth more today than it was yesterday, that means that today you can buy two loaves of bread for the same amount of gold/money that would buy you only one loaf yesterday.

            If you earn a fixed wage in gold/money in a deflationary environment, you are continually getting a raise. You can buy more groceries/clothing/toasters this week than you could last week, with the same amount of gold/money.

            I used to tell my kids that if you cut your cost of living in half by making thrifty purchases (mainly buying at thrift stores), you just gave yourself a 100% raise.

            Also, in a deflationary environment, the value of your savings would continually increase, regardless of whether you were getting paid interest on the savings.

            Inflation is the result of having too much money in pursuit of a (fairly) fixed amount of goods and services. Really, technological advances that greatly increase productivity SHOULD be sufficient to overpass a certain level of inflation: Even if there’s a lot more money, there’s also a lot more stuff.

          • Wizard of the Saddle March 16, 2023 at 9:36 am #

            William Jennings Bryan. A three-time loser for the presidency, and deservedly so.

            What a moron he was.

          • Paula D March 16, 2023 at 7:59 pm #

            If you have a stable currency, where do the profits and the interest come from?

        • pyrrhus March 13, 2023 at 1:17 pm #

          It’s a recurrent cycle..As Nassim Taleb, and Prof. Ken Rogoff, have shown, over 900 years bankers periodically lose everything and run to mommy government to get bailed out..If not, in Italy bankers were hanged in front of their insolvent banks..On a net basis, banks lose more money than they make…

          • ViceGrip March 13, 2023 at 3:38 pm #

            Nothwithstanding bankers and ‘mommy government, we may also want to consider that we are currently well within the 6th cycle of the Kondratieff Wave, said cycle having begun in 2005.

            Since the 18th century, economists have identified five Kondratieff Waves, with the first wave occurring during the invention of the steam engine and lasting from 1780 to 1830.

            The second cycle continued from 1830 up to 1880, driven by the growth of the steel industry and the railroads. The third, fourth, and fifth cycles lasted from 1880 to about 2005, and economists believe that a sixth cycle started in 2005.

            See

            corporatefinanceinstitute.com/resources/economics/kondratieff-wave/

      • Lars March 13, 2023 at 11:20 am #

        Well said, Walter B. It seems that more and more money always collects in fewer and fewer hands until, theoretically I suppose, there is only one set of hands that collects it all.

        • AKlein March 13, 2023 at 12:54 pm #

          I suspect that recognition of the effect you relate was the motivation for the Hebrews of old to create the Jubilee.

          • SangPur March 13, 2023 at 2:31 pm #

            You beat me to it, AK, but I got distracted moving some money around to get out of the way of the SVI debacle, but then got back to wondering where the reference to the Jubilee was so I looked it up in the KJV and…

            The Pareto Distrubution – the 80/20 rule – applies to the mass of stars and planets according to the Law of Gravity, just as surely as it does to Human aquisitiveness according a different set of psychological “laws”.

            In the realm of the former, whenever the Pareto rule approaches its ultimate limits well beyond the 80/20 norm, the result is the truly awesome “creative destruction” of Novae and Supernovae whereas, in the latter realm of Human behaviour, when all the wealth and the power it commands concentrates in a mere 0.01 percent of the population? … well, only narcissists and psychotics can pretend to believe that all can be well under those circumstances.

            As it happens, though, the Old Testament provides a design for a “release valve” to allay the buildup of social pressure: the Sabbath of Sabbaths, aka the Jubilee Year.

            Leviticus 25
            8 And thou shalt number seven sabbaths of years unto thee, seven times seven years; and the space of the seven sabbaths of years shall be unto thee forty and nine years.

            9 Then shalt thou cause the trumpet of the jubilee to sound on the tenth day of the seventh month, in the day of atonement shall ye make the trumpet sound throughout all your land.

            10 And ye shall hallow the fiftieth year, and proclaim liberty throughout all the land unto all the inhabitants thereof: it shall be a jubilee unto you; and ye shall return every man unto his possession, and ye shall return every man unto his family.

            To the best of my knowledge, this Jubilee idea is practiced precisely nowhere on Earth. Not even in Israel.

          • messianicdruid March 13, 2023 at 3:57 pm #

            And we wonder why we are enslaved [ economically ] to Usurers.

          • Anthea March 14, 2023 at 9:14 am #

            The Old Testament financial system had another element that is perhaps more tothe poiint. When the tribes of Israel took over the land of Canaan, every tribe (and I think every individual family) was allotted a portion of the land, and no one’s land could be sold in perpetuity. You could sell it, but it was restored to you after 50 years. In effect, you could lease your land to someone else for a maximum of 50 years. If the next Jubilee was only five years away, you could only lease it for the remaining five years.

            In effect, permanent alienation from the land was impossible.

            No one could permanently divest you of your farm. Now, if you didn’t want to be a farmer, you could raise capital to go into business “up in the city” by leasing your land.

            What this did was to assure that “the people” owned the means of production, and that they could not permanently be stripped of this ownership.

            This system eventually fell by the wayside. If I remember right, Ahab was the ruler that ended, or at least eroded, this system.

            Obviously there are some big problems with instituting such a system in a modern economy. If we were to divided up land ownership among the American people, who would get what? Presumably, if you were not a citizen, you would get nothing–and probably have no prospect of every getting anything.

            Henry George proposed a system that he thought would work–if government (and people in general) were honest. His idea was confiscatory taxation of the rent value of land. The idea was to prevent anyone from profiting from a rise in rent values, or gaining by means of anything other than labor inputs. The assumption that government and the people would administer this honestly makes it a non-starter.

        • Wizard of the Saddle March 16, 2023 at 9:44 am #

          Theoretically….if all money was in a single set of hands, then by definition, the economy has completely ground to a halt. No one is buying anything (no money to buy) and the one dude with all the money is no longer able to sell anything because again, the buyers have no money.

          So that never actually happens. The wealthiest fraction of the top 1% understands that they must allow the peasants to have a few crumbs or they will stop working and if they stop working then who will produce all those fabulous expensive toys that the Uber-wealthy are so fond of? (Not to mention, who will feed them; cook for them; clean for them; produce electricity for them; pave the roads for them; clothe them; etc, etc. etc.

          The wealthy NEED the poor, which is why they always allow the poor at least a minimal subsistence.

      • ThorsHammer March 13, 2023 at 12:46 pm #

        Walter
        “banks are sharks”
        One of the great advantages of financial centralization is that when the guillotine has done its job on the bankster class the blade is still sharp enough to begin its work on the politicians.

    • MaryQueen March 13, 2023 at 10:56 am #

      Perfect first comment.

  2. Walter B March 13, 2023 at 9:52 am #

    Gregory Mannerino is convinced that this is being done intentionally in order for the Bigs to pick up the valuable assets of the Failed and get bigger, and the rest of us to have to eat the garbage that is left over. I have no doubt that he is correct, that this is all being engineered on purpose and that as we all sit by helpless asking WTF and WHY, the agenda simply goes on unabated and unchallenged. It has begun.

    • fugeguy March 13, 2023 at 10:30 am #

      I think he is right. Not just banks but small business in general is on the chopping block.

      Easier to control a few mega businesses and the small to mid size ones tend to be the realm and friend of free thinkers. Can’t have that…

      • Rowdypiglet March 13, 2023 at 12:52 pm #

        The disappearance of small businesses would signal the end of rural America, with the exception of the very few people who are completely self sufficient. Our tiny rural town has a small grocery store/lunch room where you can get all the necessities and nothing more. Everyone here can walk to the store, so if we were deprived of all but our legs or a bicycle, we could still manage.

        Most small towns in my corner of the world are configured in the same way. I think the intention is to force everyone into cities where we can be observed and controlled in every respect, and are completely dependent.

        • fugeguy March 14, 2023 at 4:48 pm #

          I agree. For a lot of reasons.

          Where I live I can head south and be on gravel roads in 2-3 miles but head east and be watching a Indians/ Browns game in under and hour but not typical. Just a relic of the big lake.

          Most of rural America is more vulnerable.

    • thirdcoastlegend March 13, 2023 at 10:40 am #

      Ed Dowd and Catherine Fitts are arguing this is the beginning of the controlled demolition into CBDCs.

      • SW March 13, 2023 at 11:07 am #

        This is a thumbnail sketch by Ed Down:

        Three things are needed to facilitate the rollout of the CBDC system.

        1) Make holding money in banks feel completely unsafe.

        2) Destroy competitors or make them unattractive as viable alternatives (bitcoin, etc)

        3) Economic collapse then tie welfare to CBDC.

        #1 Provoke bank runs on all the banks that are not GSIB bank, like Chase, JP Morgan, etc..

        #2 Trash cryptos and especially Bitcoin, which is in a class of it’s own (legal trender in El Salivador by the by)
        Also make it impossible to store assets in Russia or China using sanctions

        #3 Collapse the Collective West economies with interest rates like Volcker’s 21% rate in the early 1980’s, ouch man, that hurt!

        After almost everyone is broke, roll out Welfare for All tied to Central Bank Digital Currency(CBDC)

        I can easily see that happening with social security payments, welfare, and people who work for the government. Want yer money? Take it or leave it.

        The stock market is going up after Yellen announced they’d cover the uninsured deposits which are 89% of the bank’s deposits. So the bank bailouts are here again and the executives who paid themselves big bonuses last week will have no problem paying $5/jar for peanut butter.

        • Jarek March 13, 2023 at 12:40 pm #

          And then add the tyrannies together: If you don’t vax, you don’t get access to “your” money.

        • Anthea March 13, 2023 at 12:56 pm #

          They’d need to make it either illegal or impossible (or undesirable) to trade CBDCs for dollars, or for gold and silver.

          Also, what would back CBDCs? The same thing that backs the dollar? If so, it seems to me that CBDC would be worthless.

          • happiface March 13, 2023 at 1:21 pm #

            in the last 150 years the banking system has been put in a death grip 3 times–each time resulting in massive job losses,depression-we are now in the throes of the 4th time–if you have unserviceable debt you are done–90 percent have that debt–Ukraine was suppose to be a diversion,Euro land ain’t gonna have it—now it is China Taiwan war–ok lets get it going insane usa goooovermint

          • SW March 13, 2023 at 8:17 pm #

            Anthea — I think it would set up a pretty big trading scheme. Here’s why — a couple of years ago I was behind a middle aged woman and her 20 something year old son. They had a large shopping cart full of only meat and used food stamps to pay for it. If they bought a roast for say, $15, and sold it to a neighbor for $10 or bartered for something he had they wanted, it was a win-win for them both.

            People find a way to navigate every system and the shrewder ones will do it.

          • Anthea March 14, 2023 at 9:33 am #

            I asked this same question on ZeroHedge, and someone replied that CBDCs would be backed by the BIS (Bank for International Settlements), which is an organization of central banks. Apparently when it started out, it was mainly composed of European banks, but the Wikipedia entry says it is now “more global”–with more diverse representation on its board of directors and having “a Representative Office for Asia and the Pacific in the Hong Kong SAR.” And, “A BIS Representative Office for the Americas was established in 2002 in Mexico City.”

            I’m not really convinced that the whole world, especially, say, China and Russia, are down with the creation of a new CBDC currency administered by the BIS. Sounds to me like its “more global” focus is…um…not happening. Sounds pretty European, to me.

            I don’t think that either the US or the European Central Banks are in any position to create a currency that anyone would have confidence in.

          • Anthea March 14, 2023 at 9:36 am #

            Actually, I wonder if the real plan is for China to swoop in and create a world digital currency. I wouldn’t be surprised if the plan is for China to physically take over at least a portion of the US.

        • Amman March 13, 2023 at 3:45 pm #

          Sounds a little or a lot like a mass murder event.

      • Anthea March 13, 2023 at 9:26 pm #

        My question about CBDCs is, if the dollar becomes worthless because there is nothing backing it, what’s going to back CBDCs? “The full faith and credit of the United States”? The “full faith and credit of Credit Suisse?”

        • Amman March 15, 2023 at 10:03 am #

          If the dollar like becomes “completely worthless” as it were, states can create coupons like they did during the 1st Depression. Money is conceived organized and run by people in Gov institutions i.e. 50 states And Many states have intrinsic value. land, water, oil, gas, forests, skills, connections, ambition, etc….

          • Q. Shtik March 15, 2023 at 4:46 pm #

            If the dollar like becomes “completely worthless” as it were, – Amman

            =======

            If my son Thom were saying the above phrase he would likely say it as:

            If the dollar becomes like “completely worthless” as it were,

            Or he might triple up and say:

            If the dollar like becomes like “completely like worthless” as it were,

          • Anthea March 16, 2023 at 12:58 am #

            The likely scenario, if a switch to CBDCs is the plan, is that you will now get your paycheck or Social Security check in CBDCs. If you have money in the bank, the bank will automatically convert your dollars to CBDCs. If you have dollars in your mattress at home, you will be able to convert them to CBDCs by taking them to the bank. And, no, they won’t give you currency; they’ll credit your account.

            Anyway, it just seems to me that, without backing, CBDCs would be worthless. If you get your paycheck in CBDCs that are worthless, why would you go to work? If the farmer gets paid for his tomatoes in CBDCs that are worthless, why would he grow tomatoes?

            So if my thinking is correct here, people would barter as much as possible, and there might be a certain amount of using gold and silver as currency.

          • Amman March 16, 2023 at 8:46 am #

            Yp, I didn’t mean like as in valley girl like. I meant like in a different way.

        • Jarek March 15, 2023 at 1:35 pm #

          The Nazis had no gold, it all having been stolen by the Allies after WW1. Yet they enacted an economic miracle nonetheless. What as the backing? Themselves of course. We are the gold, ultimately – or not.

          Anyone who didn’t like it was free to leave or wait to get thrown out. The didn’t demand other countries accept their banker-less currency – they bartered with them. They weren’t “isolationists” – the worst of all things in the minds of the Globalists. Independent and self sufficient in other words – as we could be if we had half the brains of Nazi Germany.

    • JohnAZ March 13, 2023 at 10:44 am #

      Yes, also known as bad capitalism, when the losers of the competitive economic battles have no where to go to “try again”. That builds a dependent welfare state that Jarek claims causes the descent into communism. The extreme effect is the homelessness we see today.

      Who is responsible for the increasing non competitive nature of bad capitalism?

      Hmmm, taxes come from where? Income redistribution comes from where? Corporate favoritism comes from where? Graft comes from where?

      Two words, the government.

      Good capitalism includes the ongoing creation of new businesses, these new businesses competing, the winners getting the benefit of success but the losers getting back in the game to try again, the growth of the successful businesses with integrity to the public, and the dissolution of the businesses upon obsolescence or bad practice with zero bailouts. There is no company too big to fail.

      Look at this scenario and compare it to what we have today. No wonder we cannot run a tight ship in this country.

      And Jarek, your advice to allow socialism to run things is insane. Giving the keys to the kingdom to the wolves is not an answer. Fixing the system is the key, meaning the government must give power back to the competitive market.

      When pig’s fly!

      • CyanoticPotatoReaper March 13, 2023 at 11:28 am #

        (((the government)))

        Zio-Nazi
        Occupied
        Government

        CPR — Gone, baby, gone… JHK-Admin

        • abbybwood March 13, 2023 at 12:38 pm #

          Check out the new French animated production that totally smears Zelensky (if you can find it):

          Ukraine Inc.

        • Jarek March 13, 2023 at 12:43 pm #

          The Nazis fought the Zio Bankers. The real ones. Google Nazi Germany and “Judea declares war on Germany”.

          The cosplayers in Ukraine have little or nothing to do with this since they are fighting FOR the Zio-Bankers.

          • happiface March 13, 2023 at 1:22 pm #

            always the joos eh

          • Jarek March 13, 2023 at 2:10 pm #

            2+2 always equals 4, right Hap? Except when the Party needs it to equal something else?

      • Jarek March 13, 2023 at 12:51 pm #

        It’s an issue of scale, John. Things like Oil, Steel, Energy, etc – you know ESSENTIAL industries naturally grow to huge size. They can’t be allowed to do what they want – like suddenly deciding to jack up their prices because they can. Easy to accomplish, an agreement between golf partners over drinks. It’s just a few guys in mature or corporate Capitalism.

        So, no. They must serve or get the fuck out. Be nationalized in other words. So once it is put to them in these terms, they act sensibly and serve. Who better to run this part of the nation than the men who climbed to the top in their industries? You just have to threaten to knock some sense into their greedy heads is all.

        A simple example but it makes my point: In the mature industrial state, the public and private spheres cannot be kept completely separate. So the question becomes, which will dominate? Which one will lead in the dance? The one which is elected and has sworn an oath to serve the public? Or the ones which is dedicated to personal profit for themselves and their share holders?

        I’ve asked you before. You answered foolishly. Try again.

        Don’t put words in my mouth. I didn’t say that the State will take over or even interfere in all small and medium sized businesses. It will only guide the essential and large ones. Even taking over them would be a last resort.

        • workingclasshero March 13, 2023 at 1:17 pm #

          To the anarcho-capitalist crowd a small or medium size business and giant corporation are the same. The difference between free enterprise and monopoly finance capital is crucial since the latter will always tend to dominate any level of government.

        • Mac March 13, 2023 at 5:39 pm #

          Jarek- At what point does a medium size entity become a large entity, and thus nationalized? Who decides? That just creates an incentive for the entrepreneur to constantly break his business into smaller units to avoid regulation, or to buy off politicians to leave him alone.

          • Jarek March 13, 2023 at 5:57 pm #

            The Elite decide. A military/political not commercial Elite. If humanity can’t do better than Corporate Capitalism, then there’s no point in even continuing to talk.

            Russia and China prove otherwise. Their companies have to tow the line or else.

        • Suburban_elk March 13, 2023 at 6:04 pm #

          These lessons on political economy are helpful.

        • Q. Shtik March 13, 2023 at 7:12 pm #

          You just have to threaten to knock some sense into their greedy heads is all. – Jarek

          =======

          @ fellow commenters

          Jar cannot help himself. He believes in big government.

          • Jarek March 13, 2023 at 8:33 pm #

            Big as in strong enough to lay down the lay to for profit private enterprises who serve the public with essential services – of course I do. It’s the equivalent of defending our borders. Or our Constitution against all enemies, foreign and domestic, and domestic, and domestic.

            The question is why you do not. Justify yourself – if you can.

          • Q. Shtik March 14, 2023 at 6:06 pm #

            strong enough to lay down the lay to for profit private enterprises – Jarek

            =========

            If you’re going to write error filled sentences like this I’m not going to read your posts. What the fuck is WRONG with you??

          • Jarek March 15, 2023 at 1:40 pm #

            Anything to avoid answering the fucking question – cuz you can’t, right?

    • MaryQueen March 13, 2023 at 10:58 am #

      Sure.

      It’s the Great Reset.

      “Build Back Better.”

      All that nonsense. They have planned it for a long time.

      • ViceGrip March 15, 2023 at 1:43 pm #

        Methinks you are quite right MQ. Particularly so in light of this statement attributed Karl Rove:

        “‘People like you are still living in what we call the reality-based community. You believe that solutions emerge from your judicious study of discernible reality. That’s not the way the world really works anymore. We’re an empire now, and when we act, we create our own reality. And while you are studying that reality—judiciously, as you will—we’ll act again, creating other new realities, which you can study too, and that’s how things will sort out. We’re history’s actors, and you, all of you, will be left to just study what we do.”

    • Creekwood March 13, 2023 at 11:44 am #

      Yes, entirely engineered. The “New World Order” is the Absolute State, which has been captured by Big Business, which this total state exists to protect and secure, and to which it has outsourced / privatized the act of governing itself. This system — the neoliberal machine — incorporates God, the invisible hand, and golden chains in one place.

      • Jarek March 13, 2023 at 12:52 pm #

        A man of sense. It’s not Fascism but Plutocracy. Most people can’t tell the difference. Most people are fools.

        • ViceGrip March 13, 2023 at 3:46 pm #

          Kleptocracy even?

        • Creekwood March 13, 2023 at 7:32 pm #

          We are governed by a kakistocracy, as are most nation states nowadays. The situation is tragic, hopeless. Humankind as ‘bond-servants’ of the neoliberal machine of absolute capitalism, dehumanized, reduced to merely the means of means, set off at speed to go nowhere.

          • Jarek March 13, 2023 at 8:38 pm #

            Yes, Jackson, a ferocious opponent of the Bankers recognized this as the ultimate battle. His war against the Creeks was small in comparison.

            Major General Andrew Jackson led an expedition against the Creek Indians in 1814, culminating in the Battle of Horse Shoe Bend (in present-day Alabama near the Georgia border). He then forced upon the Indians a treaty whereby they surrendered to the United States over twenty-million acres of their traditional land—about one-half of present day Alabama and one-fifth of Georgia.0
            favicon
            history.state.gov

            So saith the Summarizer. How do you get a job like that? Men have advanced in rank of the very concision or conciseness of their dispatches. To say much in a few words is a rare skill. As is to say nothing with many words. Most meander in the middle.

    • sonnyL March 13, 2023 at 7:29 pm #

      See Russia n 1915..See Germany in 1932…See Cuba in 1959..
      Think America is too smart to let that happen? Bullshit. Biden and the Obama socialists are crying for this.

  3. Mac March 13, 2023 at 10:00 am #

    Yellen announced that no taxpayers will fund this latest bailout, omitting increased inflation and higher bank fees to offset the banks’ costs as part of BTFP, already being called “Buy The Fucking Pivot,” that being Powell’s pivot back to flooding the system with zeros. Absolutely criminal.

    • Kashub March 13, 2023 at 10:32 am #

      Hedge Fund guru bill ackman wud disagree with U, as he said yellen made a wise move as his syndicate picks up assets at a fraction of their price and the fed prints money to pick up the costs of failure. More money from heaven and demand goes thru the roof but supply remains the same n U think cauliflower is expensive now.

      • sonnyL March 13, 2023 at 7:30 pm #

        Keeeee-rect.. This is the beginning of the socialist influenced implosion of American finance.

    • mrs_saj March 13, 2023 at 10:57 am #

      The idea that current and future taxpayers are not on the hook for this is absolutely laughable You get a better sense of how depraved these fucks truly are when you watch them say things that are patently false without even a hint of embarrassment or hesitation. What else are they lying about without a moment’s thought. Well, everything.

      The taxpayer pays for EVERYTHING. I don’t care if banks pay the insurance premiums to the FDIC and whatever other cockamamie schemes they have going. The fees the banks pay impact the interest rates they offer depositors. The fees the banks pay also impact the fees they charge depositors and borrowers. If the FED just prints money to paper over things today, all of us are holding dollars that are now worth less than last week. All shit rolls downhill.

      The taxpayer is already paying for banking stupidity and will continue to do so.

      Mac, I’m not yelling at you, I’m just more than a little disgruntled this morning.

      • MaryQueen March 13, 2023 at 11:00 am #

        You are correct.

        They lie because they know what would happen if they told the truth.

        Even though they’ve been lying for decades, people still believe them.

        At what point does that start to be our shortcoming and not theirs?

        • JohnAZ March 13, 2023 at 12:14 pm #

          Exactly!

        • Amman March 13, 2023 at 3:40 pm #

          Like in “I have a shortcoming. I believe them?”

          Focus, MQ, focus! ; )

        • Cankerpuss March 14, 2023 at 10:52 am #

          Even if they told the truth, the brainwashed American masses wouldn’t listen or believe it. All they want is to be taken care of from cradle to grave, watch their favorite TV shows, download their porn, obsess over their genitals and stuff their faces with disgusting processed foods.

          We are sick and depraved society obsessed with getting gain. Even to the point of bankrupting ourselves and future generations. We are truly a disgusting and pathetic society.

          Truth doesn’t matter anymore.

          • ViceGrip March 14, 2023 at 1:21 pm #

            ““It is no measure of health to be well adjusted to a profoundly sick society.”

            ? J. Krishnamurti

          • MrMangoOnMyShoulder March 14, 2023 at 5:27 pm #

            Canker – given thousands of years of recorded history, I would condense your post to three words:

            We are human.

            We capable of amazing things, but we tend to do it only when we have to. When we humans have idle hands and brains, we tend to fall to the lowest effort possible.

      • Hereward the Woke March 13, 2023 at 3:52 pm #

        With banks, profits are private, debts are public. You should know that by now.

      • Q. Shtik March 13, 2023 at 7:25 pm #

        I’m just more than a little disgruntled this morning. – mrs_saj

        ============

        “I found a ten dollar bill on the sidewalk and was very gruntled.”

        I checked and, yes, gruntledis a word. It means pleased, satisfied, and contented.

        • Q. Shtik March 13, 2023 at 7:28 pm #

          gruntled is

          • crudgemudgeon March 13, 2023 at 7:40 pm #

            Thanks for sharing this knowledge. It makes me gruntled. Share the gruntles.

      • sonnyL March 13, 2023 at 7:34 pm #

        Youre right. We pay for everything. Period. And THEN if we manage to get ahead of their grubby sticky tentacles, they tax it IN, and OUT of where we happen to put it. And then they tax it when we die.

        A fucking mazing

        • ViceGrip March 14, 2023 at 1:25 pm #

          Even more amazing…

          America is the only country where people buy things they can’t afford, with money they do not have, to impress people they don’t even like.

    • SW March 13, 2023 at 11:46 am #

      If the taxpayers aren’t funding this bailout exactly who is?! Santa Claus? One lie after another.

      I imagine the BRICS alliance is looking pretty good to some of our allies and they’re trying to figure out how they can sneak out the door. Saudi Arabia jumped ship about a month ago, India ignored Russian sanctions from the start (not even bothering to pretend they took the US seriously anymore) and with Europe meekly submitting to following the sanctions into bankruptcy, their citizens are getting angrier.

      I don’t know much about economics but what would you call inflation in food, gas, insurance & medicine and deflation in the housing market?

      • JohnAZ March 13, 2023 at 12:15 pm #

        WEF vs. BRICS+.

        The future.

        • ViceGrip March 13, 2023 at 3:53 pm #

          WEF vs. BRICS+, SCO, EAEU, BRI 2.0 and the INSTC.

          • SW March 13, 2023 at 8:10 pm #

            @John AZ

            INSANITY + INSOLVENCY = NYT telling us it’s time for the 12th booster and Trump (now dead) is responsible for it all.

          • ViceGrip March 14, 2023 at 1:28 pm #

            oops. .. and ASEAN too.

      • Amman March 13, 2023 at 3:38 pm #

        Can you blame the Saudi?

        The US foreign minister thinks a foreign man in a dress is a woman and pecks him.

        Blimey!

    • Jarek March 13, 2023 at 12:53 pm #

      Have you seen the picture or video of this grotesque little dummy hoisting up the rainbow flag with her subordinates looking on? A daily ritual.

    • Cankerpuss March 14, 2023 at 10:54 am #

      Janet Yellen, a woman, is a traitor who should be swinging on a lamp post. These people are possessed by demons. The dregs of society. Obsessed with getting gain. Never satisfied. Always wanting more. I hope there is a nice, ripe spot in hell for these creatures. Lately, though, I am having my doubts that there is even a God overseeing this clusterfuck of a world.

      • Cankerpuss March 14, 2023 at 10:56 am #

        And none there be to stop them.

  4. Beryl of Oyl March 13, 2023 at 10:00 am #

    What part of Build Back Better did people not understand?

    • ViceGrip March 13, 2023 at 10:26 am #

      The people did not understand the following:

      There are not enough trees on the planet to chop down and process into paper, to print enough currency to ‘paper-over’ the debacle now besetting us.

      So, perhaps this may have been the actual ‘Green New Deal’?

      • ViceGrip March 13, 2023 at 10:56 am #

        … and this does not even include the notional value of the multiple-quadrillions of derivitives ‘overhang’.

      • mrs_saj March 13, 2023 at 10:58 am #

        It’s more ammunition for Central Bank Digital Currency. It’s green ya’ know!

      • Q. Shtik March 13, 2023 at 7:44 pm #

        There are not enough trees on the planet to chop down and process into paper, to print enough currency to ‘paper-over’ the debacle now besetting us. – ViceGrip

        ==========

        Sure there are. Just add many more zeros to each bill.

        • ViceGrip March 14, 2023 at 4:54 am #

          There would then not be enough wheelbarrows on the…

      • Not_GeorgeT March 14, 2023 at 1:26 pm #

        Interesting.. “There are not enough trees on the planet…”

        There came a time when there were not enough trees to literally feed the furnaces of empire. The Bronze Age is an example, the expansion of the Roman Empire is another.

        and further on ” notional value”

        The reality check is hitting, and it will hit quite hard.

        • ViceGrip March 14, 2023 at 1:32 pm #

          They don’t call it ‘Shadow Banking’ for nuffin’.

      • Paula D March 15, 2023 at 11:39 am #

        Actual money is not made from trees, it is made from cotton and linen.

        Most “money” nowadays is not money, it is entries on a computer.

        • ViceGrip March 15, 2023 at 1:58 pm #

          Point taken Paula. Thanks!

          As for *my* point?

          Flew right over your head, kinda like an AI program. Literal translation mode only.

          • Paula D March 15, 2023 at 2:20 pm #

            No, I understand that there is no way to pay off the debts the finance capitalists gamblers have run up.

            Hence, the Jubilee, now called the Great Reset. You get your $10,000 credit card debt wiped clean, and they get their quadrillion dollar credit default swaps wiped clean, and they call it even.

            Except that, just like in the old days, they still have the wealth and you still are poor, even after the Jubilee.
            Funny how that works.

    • thirdcoastlegend March 13, 2023 at 10:41 am #

      More like Build Back Nothing.

      • MaryQueen March 13, 2023 at 11:01 am #

        Not in our lifetimes, anyway.

        Well, they are building rabbit hutches for us, and 15 minute cities, and planning to control our every move. They are building that.

        • thirdcoastlegend March 13, 2023 at 11:16 am #

          MQ-

          They will try.

          They don’t have the infinite energy or human capital to make their omnipresent control grid work.

          • abbybwood March 13, 2023 at 12:50 pm #

            Ha!

            Leave your designated area and a fine will swoop into your bank account and poof! $500 gone.

            Let us know how that works out for you when you try to “fight it.”

            Their schemes need to stop BEFORE they are implemented.

          • Jarek March 13, 2023 at 12:56 pm #

            AND your car will stop and you’ll have to pay a fine to restart it.

          • MaryQueen March 13, 2023 at 4:17 pm #

            They can only get so far. We see now how ineffective tech can be. It couldn’t be more imperfect.

        • Q. Shtik March 13, 2023 at 7:49 pm #

          and 15 minute cities – MQ

          =========

          I’ve seen this term in the comments section before but don’t know what it means. What is a 15 minute city?

          • ViceGrip March 14, 2023 at 5:49 am #

            Your carbon footprint shall be produced only from within the area comprising a 15 minute walk from where you sleep at night.

            Of course…

            Nothing has thus far been stated with regard to the the lawfulness or lack thereof, of any and/or all residents of said area implementing a geostationary satellite over said confined area, after which creating:

            “A sovereign nation – to be bounded by the upper Troposphere, from which to immediately rescind or otherwise to preclude forthwith, any and all allegiances to the United Nations, and all of it’s ancillary entitiies — whether they be governmental or non-governmental, which currently are connected thereto, including — but not limited only thereto, the World Health Organization (WHO) and the World Economic Forum (WEF), said preclusions also to comprise all Treaties executed or in any other way ratified by said entities — in part or in entirety, notwithstanding whether having been ratified in part or in full, by other world sovereign governments.

            The foregoing comprises the entirety of this Declaration of Independance upon this date, unless otherwise modified and/ or amended by all parties with valid lawful claims thereupon or the original executing entities thereof.”

          • Paula D March 15, 2023 at 11:41 am #

            It’s like Rowdypiglet described her town, everything you need is within walking distance.

    • Creekwood March 13, 2023 at 11:48 am #

      Or, way before that, “fundamental transformation”? Answer: most Americans, who don’t read or think.

    • sonnyL March 13, 2023 at 7:35 pm #

      Yup. Build Biden Better.

  5. Beryl of Oyl March 13, 2023 at 10:02 am #

    Yellen didn’t have time to get her story straight because she was off gallivanting to Ukraine.

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    • BackRowHeckler March 13, 2023 at 10:29 am #

      Well, the USA has accepted responsibility to pay Social Security & civil service salaries for the nation of Ukraine; Yellin needs to be in Kiev in order to ensure Zelensky our promise is still good.

      • JohnAZ March 13, 2023 at 10:50 am #

        With what?

        Is Ukraine the 51st state?

        Biden insanity.

        BTW, why are they worried about pensions when the country is about to be rolled over by Russia?

        Things do not add up here.

        • thirdcoastlegend March 13, 2023 at 10:56 am #

          Don’t Blackrock and a myriad of firms already have billions invested in ‘Kraine?

          Aren’t they also salivating over managing the trillions in reconstruction fees?

        • Rowdypiglet March 13, 2023 at 1:14 pm #

          JohnAZ, I just assume that everything they say is a lie, including the bit about ensuring pensions in Ukraine. Vast sums of money are leaving the country. Who knows where it’s going? Possibly none of it is going to Ukraine at this point, because there seems little doubt that Russia will prevail.

          For all we know, it could be enriching all those NGOs and foundations that finance such things as gender clinics, or provide bail for the release of violent offenders, or see to the election of District Attorneys who refuse to prosecute. It could be redistributed to the likes of Jeffrey Epstein and other agents of chaos, including all those members of Antifa, who always have money to travel and for whom piles of bricks magically appear on street corners.

          We must all have wondered who and what is financing the ruination of our world, an enterprise for which there appears to be a bottomless supply of cash. Who is providing it? We are!

          • BackRowHeckler March 13, 2023 at 4:11 pm #

            Good point RP. $155 billion purportedly to Ukraine (so far) but strangely enough front line Ukrainian troops claim they are out of small arms ammo and artillery shells.

    • ViceGrip March 13, 2023 at 10:29 am #

      … and let’s not forget New Joisey Governor Phil Murphy too.

      • ViceGrip March 14, 2023 at 5:54 am #

        … who also made the rounds in Ukraine.

    • Disaffected March 13, 2023 at 4:33 pm #

      Is it legal for a woman of her age to be gallivanting at all?

      • ViceGrip March 14, 2023 at 1:41 pm #

        … only if said ‘gallivanting’ is confined to the Northern Hemisphere.

  6. canuk March 13, 2023 at 10:03 am #

    Actually paper money was originally ‘invented’ in the Yuan Chinese dynasty under Kublai Khan 800 years ago..

    Marco Polo was amazed merchants would give Kublai Khan’s treasury gold or silver and took paper money back

    • izzy March 13, 2023 at 10:17 am #

      “In Xanadu did Kubla Khan
      A stately pleasure-dome decree…”

    • JohnAZ March 13, 2023 at 10:25 am #

      Paper money is legit as much as gold or any other form of wealth,

      As long as the tie in between the commodity and the human labor required to get it stays in place.

      Gold is rare, so getting it requires much human labor and ingenuity, so it is worth much.

      And so it goes, if salaries make so much per hour, then the money that labor makes will maintain it’s worth.

      Now plug into this model

      AI, fiat money, easy credit, government shenanigans, welfare

      No wonder that our money has devalued so much and the faith of the folks is flagging.

      • Yirgach March 13, 2023 at 11:29 am #

        Looks like Gold will be on the center stage very shortly.
        One thing to keep in mind, American Gold Eagle transactions are exempt from 1099 reporting requirements.

        They are the stealth back door into and out of the US banking system.

        • elysianfield March 13, 2023 at 12:28 pm #

          “American Gold Eagle transactions are exempt from 1099 reporting…”

          Y,
          You are going to have to back that statement up with a citation….

          • mrs_saj March 13, 2023 at 1:04 pm #

            e-

            Call your accountant. S/He will confirm. So will any PM broker. Call Monex.

          • elysianfield March 13, 2023 at 1:56 pm #

            Saj,
            I don’t have an accountant, and I have been doing my own taxes, corporate and personal, for the last 25 years…I want to see IRS documentation of his claim.

            I am doubtful.

            …And with all respect…fuck Monex….

          • Yirgach March 13, 2023 at 5:06 pm #

            Here;’s a big hint:
            Search “Gold Eagle 1099”.
            Be a big boy OK?

          • elysianfield March 13, 2023 at 8:50 pm #

            Be a big boy….Yirgach,

            Do I get a 1099 when I sell gold?
            In the context of precious metal transactions, dealers are required to fill out a 1099-B form.

            Your reference, please?

          • elysianfield March 13, 2023 at 9:00 pm #

            Yirgach,

            And furthermore, if you hope to generate any sense of credibility on this site, you should respond.

          • Yirgach March 17, 2023 at 5:36 pm #

            Well I posted a link on this thread on 3/13, it’s still “awaiting moderation”. Which is why I gave you the search string. It should return a link to JMBULLION.

            Please note that this is a VERY obscure IRS regulation and only affects certain coins.

            You still need to report any capitol gains,it also affects the 8033B reporting.

            Can’t tell you anymore as the moderator must be snowed in…

        • Mac March 13, 2023 at 5:50 pm #

          Gold is a collectible and subject to the regular capital gains tax.

        • gantech March 14, 2023 at 2:04 am #

          Glad you told me this Thanks!

        • gantech March 14, 2023 at 2:24 am #

          How about the required 1099 B ?

      • ThorsHammer March 13, 2023 at 1:42 pm #

        JohnAZ

        “paper money is legit as much as gold or any other form of wealth”
        So self-evident that centuries of delusion have blinded homo non-sapiens to its truth.

        “Power grows out of a gun” “Mao Zedong” Also self-evident. Strip the American Empire of all 800+++, Foreign Legion outposts, all the money used to buy influence, all the aircraft carriers patrolling the shores of potential enemies, and all the nuclear weapons of mass destruction riding on the nose cones of missiles and how many “US Dollars” will be needed to buy a barrel of oil?

        Why do you think the American Empire is so desperate to force the world to exclusively trade in US Dollars that it can create at will with a digital keystroke?

        Let’s join the travelers on Cormac McCarthy’s “The Road”. There is one bullet left for the Glock. They meet a traveling merchant who offers to trade a gold bar stamped US Mint for the one remaining 9mm shell. Deal? What use is gold except for jewelry, when you can already get the favors jewelry will buy if you have a gun?

        • Q. Shtik March 13, 2023 at 8:10 pm #

          the nuclear weapons of mass destruction riding on the nose cones of missiles – ThorsH

          ============

          I would say under or within.

          • ViceGrip March 14, 2023 at 1:48 pm #

            ThorH may be correct, if said nuclear weapons are in a state of actual deployement on the nose cone of a Russian Sarmat ll missile.

    • Beryl of Oyl March 13, 2023 at 10:29 am #

      Marco Polo- there’s a name you don’t hear like you used to.

      Which do you think is worse- being remembered as an awful children’s pool game, or being not remembered at all?

      The ignominy.

  7. sanspeur March 13, 2023 at 10:06 am #

    Look up Joseph Gentile resume –

    SVB, Lehman, and Anderson Accounting (ENRON) Guy just has a knack for being in the right place… OR??

    • mrs_saj March 13, 2023 at 11:00 am #

      Thank you! I was just going to comment on that. How does the CFO of LEHMAN BROTHERS get hired again as a CFO???

      These people are out of their minds.

      • SW March 13, 2023 at 11:48 am #

        As George Carlin would say — “It’s a big club and you ain’t in it!”

      • Rowdypiglet March 13, 2023 at 1:20 pm #

        @mrs_saj, I believe these people are hired because they’ve already proven they can do what they signed on for. It’s hard for normal people to bear in mind that Build Back Better implies the leveling of all existing structures, no matter the cost. Bringing about the failure of any entity or institution on which people rely is a prerequisite.

        • Paula D March 13, 2023 at 1:38 pm #

          It’s like when they dragged Poindexter and Steele out of retirement to set up the death squads in Iraq.

          They had already proved themselves in central America.

        • mrs_saj March 14, 2023 at 3:08 am #

          Rowdy,

          You’re right and I really need to adjust my thinking.

    • mrs_saj March 13, 2023 at 11:30 am #

      sanspeur,

      I also want to comment on some other things I read over the weekend. Silicon Valley Bank (SVB) left their Chief Risk Officer position vacant for 8 months in 2022. Eight months!! It’s unconscionable. They hired Kim Olson in January of 2023. She is supposed to be a queer, woman of color and has been promoting various LBGQwerty causes since she came on board. She clearly was not getting acclimated with her new job. Silicon Valley Bank is an uber woke institution so preoccupied with their virtue signalling that they forgot about their duties as a bank.

      What did this company do for all of last year while Powell signaled he was going to continue to raise rates, interest rates continued to go up, and the value of treasuries continued to go down? Well the bank continued to sit on a massive and growing pile of treasury related losses and just hoped it would all go away. Are these people four years old?

      90% or more of SVB’s deposits were uninsured. Why? Well, because some people think its perfectly acceptable to plunk $5M or $10M or $200M into a bank account that is only insured for $250,000 and everything will just be ok. Until it isn’t and then they are screeching like hysterical banshees about their self-importance to the American economy. If they were so important to future of our country, I think they would manage their company money a little bit more carefully. I don’t know how Bill Ackman looks at his own reflection in the mirror.

      One more point about all these tech company founders. They were encouraged to put all of their companies’ cash into one bank. How? By being offered great terms on the mortgages for their personal residences. And being offered discounted wealth management services for their families. I wonder if their employees and investors knew this?

      The SVB shareholders and bondholders are shit out of luck, as they should be. Everyone at the SVB loses their job. Well, yeah, that’s what happens when you mismanage or completely ignore risk at a bank. I obviously do not think depositors should be made whole. It’s moral hazard and it tells others that they can continue along with not paying attention and Uncle Sam will save you. It’s one more example of our government deciding that pain is something to be avoided at all costs, consequences be damned. Take the easy way out today without thought for the fact the problem just becomes bigger as it is allowed to fester.

      I have so little faith in participating in a system (US banking, finance, and currency) that has so little respect for my business.

      • Rowdypiglet March 13, 2023 at 1:35 pm #

        “Silicon Valley Bank is an uber woke institution so preoccupied with their virtue signalling that they forgot about their duties as a bank.”

        mrs_saj, I find it hard to look through the narrow lens with which the woke view everything. But I think there are two levels here. There are the foot soldiers, dimwits like Kim Olson who genuinely believe, and act on the belief, that the real purpose of any entity, be it a bank, a corporation, or a cafeteria, is to be woke and to spew out woke propaganda. Whatever the original purpose was, it’s not relevant anymore. Since woke has no value, and no one will pay for it, they’re unwittingly doing their part to destroy the entity from within. They really are that stupid.

        Then there are those who employ the Kim Olsons. Their intention is to destroy the entity in question so that they can build something that in no way resembles what came before. To do that, they first make the corporation/bank/sewing circle/church unrecognizable and not fit for purpose. Once that’s been accomplished, the demise occurs without any more effort on their part. Everyone will at some point forget that the cafeteria actually once served food, or that the classroom now plastered with BLM posters and LGBTQ propaganda was once a place where children learned to read, write, and do math.

        • Amman March 13, 2023 at 3:32 pm #

          Woke found no resistance. True or somewhat true?

        • mrs_saj March 14, 2023 at 3:24 am #

          Rowdy,

          That really makes a lot of sense. The bank ceased to be a bank long before it failed. Just like tobacco execs call cigarettes a nicotine delivery system, the bank is merely a platform for propaganda and annihilation.

          I need to let that sink in.

      • Mac March 13, 2023 at 5:54 pm #

        Biden just nationalized the banking system.

      • Q. Shtik March 13, 2023 at 8:25 pm #

        How? By being offered great terms on the mortgages for their personal residences. And being offered discounted wealth management services for their families. I wonder if their employees and investors knew this? – mrs_saj

        ===========

        Is this your guess or is this a fact?

        • mrs_saj March 14, 2023 at 3:33 am #

          It’s what I’ve read.

          This also fits with my own experience with banks and financial institutions. I am forever getting phone calls from customer relationship managers wanting to build our relationship. Really what they are doing is trying to nose around other areas of my life to bring more business into their bank.

  8. Walter B March 13, 2023 at 10:07 am #

    There are three kinds of people in this world, those with spiritual beliefs in what is good, those who bow down to the spirits of evil for gain in this plane of existence, and those who hold no beliefs at all.

    Those without beliefs are a sad lot, for what purpose can any human being have if it believes in nothing or that we pitiful humans and our sorry little lives are all that special? If they are wrong and lucky as well, when it is over it will simply be over, and their pain will cease.

    The worshippers of evil, well they may think they are living the high life, but I would bet they even they know that they are screwed, maybe not here in the now, but if they are wrong, and I know they are they shall be royally screwed sooner or later. If they are right, they may believe that they will be rewarded, but their master does not reward, he only punishes. Sucks to be them.

    Those who hold beliefs in the human spirit and who reject evil can, if they are blessed, overcome the fear of their earthly demise and if they are correct, they may advance to another, higher plane of existence in the Spirit. To me, it’s a win/win because if they are wrong, the pain is still over and eternal rest sounds like a pretty good alternative.

    • JohnAZ March 13, 2023 at 10:18 am #

      You have described the expression among people of the great dilemma, the spiritual conundrum.

      The balance between Freud’s ego and super ego. What do we follow in our own minds, what we want or what God says is right. Every person fights this battle, who runs me, me or God.

      The extremes of this battle creates Sister Theresas and Hitlers.

      • Beryl of Oyl March 13, 2023 at 10:25 am #

        I think Mike Pence sees himself as a do-gooder. He isn’t.

        • Mick March 13, 2023 at 10:58 am #

          He believes that he’s on a mission from God. He says God told him when he was 17 that he would be president one day.

          It’s twoo….Ask him.

          • Beryl of Oyl March 13, 2023 at 11:25 am #

            God probably didn’t specify president of what.

            I’ll have to check and see if he was student council president in the seventh grade.

          • Mick March 13, 2023 at 4:37 pm #

            17 is usually the age of kids in the 12th grade. Not the 7th, sunshine.

            And he firmly believes that God wants him to be POTUS.

            He said it in an interview years ago.

          • Q. Shtik March 13, 2023 at 8:44 pm #

            He says God told him when he was 17 that he would be president one day. – Mick

            ==========

            Yeah right, God told him.

            About one month after my 18th birthday I was participating in a mandatory Novena at St Joseph’s College (Philly) during Christmas break when it hit me (an epiphany!) that it’s all bullshit. Just to cite one obvious example, Mary was NOT a virgin.

            Eventually I became embarrassed at the thought of the BS I once believed.

      • JohnAZ March 13, 2023 at 11:28 am #

        I read a story that is damning of the Deep State.

        Long story short.

        The initial certification process that the Congress does was totally open to being contested by the forces advising fraud, ie they could have slowed the process way down.

        The way Pelosi et al could stop this was to declare an emergency session to do the certification where such contrary info was not allowed to be presented.

        So Pence, Pelosi, Schumer and Mc Connell figured out away to shut down the original session and create the emergency session they needed to dump Trump.

        A look outside and a little incendiary work by FBI agents to incite an already angry crowd and voila, an emergency. Tuckers exposure of the liars on the sub committee hopefully opens the Pandora’s box that will show what really happened.

        The author concluded by saying the whole setup was a very successful coup against the number one enemy of the Deep State, Trump. Two other instances come to mind here. Nixon’s “impeachment” resignation and the elimination of JFK,

        • JohnAZ March 13, 2023 at 12:22 pm #

          And we still do not know if the Big Lievwas a lie. Absolutely no investigatory work has been done to validate the reliability of the electoral process.

          Another way to say it, to guarantee that each legitimate citizen voter votes once.

        • Paula D March 14, 2023 at 12:45 pm #

          I had friends watching C-Span at the time. For the first time, the evidence of election fraud was being presented to the entire country (on C-Span, but still…) by a Congress member.

          Then, on cue, the “riot” happened and Pelosi and McConnell shut down the proceedings. Trump was still giving his speech at the time, and most people were over there.

          Coincidence? I think not.

        • kbird March 14, 2023 at 5:42 pm #

          Wow Johnaz, you are still spouting info from Liar Tucker and fox news, after everything that has come out LOL!!

          Fox “News” to their viewers:”We think you’re trashy, cousin-fucking idiots and we have no problem lying to you as long as you keep watching”

          Fox “News” Viewers:
          “That’s fine, now tell us more about them gas stoves, woke banks and trans M&M’s!!”

          • MrMangoOnMyShoulder March 14, 2023 at 9:21 pm #

            What?

            I’ll not have whatever you’re having.

            (Err, great post, btw…?)

          • benr March 15, 2023 at 5:15 pm #

            HAHAHAH You’re an absolute idiot.

          • MaryQueen March 15, 2023 at 6:53 pm #

            If you listen to Mel K’s interview with James, she says her entire building lost their gas stoves. No one has replaced them with anything, though. They just took them away.

            Because, childhood asthma.

    • SomeoneInAsia March 13, 2023 at 11:02 am #

      I think there’s a fourth kind of people: those who commit terrible acts of evil, yet in all seriousness believe they are doing good. Religious and ideological fanatics of all kinds would belong in this category.

      • AmericanObserver March 13, 2023 at 12:42 pm #

        Every Spanish Inquisitor went to bed with a clear conscience no matter the days unpleasantries.

        • Amman March 13, 2023 at 3:29 pm #

          You mean empty conscience, Ace.

          • ViceGrip March 14, 2023 at 1:56 pm #

            At the end of the day — soon, there will only be 2 kinds of people:

            1.) People with no money.

            2.) People with money that’s worth nothing.

      • SpeedyBB March 15, 2023 at 7:27 am #

        Someone…

        I’ve lived among Muslims for 34 years, albeit pliant ones (in Indonesia). Much of Javanese Islam is *abangan*, which is to say infused with a residue of Hinduism. The hard-shell fundies are booming, however, mostly among the young.

        I keep my mouth shut and stay away from any religious engagement, verbal or otherwise. I will say, however, that what unnerves and alarms me about the Three Big Desert Death Cults is the aspect of *certainty* that pervades them.

        Actually Christians, being a minority in this country, tend to be more rabid and intolerant than most Muslims. They are the ones for whom There Is No Room For Doubt.

        As Vlad is prone to point out, you can’t really trust what comes out of a Muslim’s mouth, because *taqqiya* is part of the game. I’ve been following what goes on in Dearborn, where a real “bloc” is forming.

        Consider a row of shops in the suburbs. One or two are purchased by Muslims. They do great business as the faithful feel more comfortable shopping there. Then a couple of more are snapped up. The remaining two or three shops start to feel the pressure of unbelonging… parking issues… dirty looks from passersby…usual patrons expressing unease at shopping along this strip of stores…

        Somebody offers to buy them out – at a healthy discount, naturally – and the pressure to git while the gittin’ is good goes on.

        This is the inspiration for “no-go zones”.

    • Jarek March 13, 2023 at 1:00 pm #

      Many will believe that the Antichrist is the Christ or the Messiah of Judaism.

      So add a forth category: the Mistaken.

    • oleCasey March 13, 2023 at 8:05 pm #

      Almost sounds like a variation on “Pascal’s Wager.” One of my favorites!

  9. JohnAZ March 13, 2023 at 10:12 am #

    “Oh, and then there’s Ukraine”

    And China mediating Saudis and Iranians

    And Mexico’s president repudiating Biden and telling the US to butt out

    And Holland destroying its farmers

    And Biden on TV this AM saying

    “What me worry”

    The people who make things better, supposedly, do not give a damn. Yellen seems to not understand basic economics and Powell will not have a choice but to continue inflation control. Both are in a box and cannot get out.

    The problem is

    The Democratic credo does not understand much of anything about basic economics, even its definition, the science of scarcity. Not this group, give the gimmes everything to keep their votes.

    The biggest enemy of a “democracy” is its own people when they discover they own the keys to the bank.

    • Walter B March 13, 2023 at 10:23 am #

      As Naomi Wolf explained, the absolute total global lockstep actions underway at this time cannot be the work of man alone, for we are weak and smallminded. Clearly there are forces of darkness and great power behind what is unfolding and the fact that there is no real forceful resistance.

      • ViceGrip March 13, 2023 at 10:47 am #

        The Full Armor of God

        Finally, my brethren, be strong in the Lord, and in the power of his might. Put on the whole armour of God, that ye may be able to stand against the wiles of the devil. 

        For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. 

        Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.

        Ephesians 6:10-12

        • Q. Shtik March 13, 2023 at 8:59 pm #

          Put on the whole armour of God, that ye may be able to stand against the wiles of the devil. – VG

          ==========

          Ohh, pulleeez!

          • ViceGrip March 14, 2023 at 6:08 am #

            But, but Q !

            I had no spelling, punctuation or grammar errors.

            Per your “Ohh, pulleeez!”

            Faith is the belief in things unseen.

            You either got it or you don’t.

            Nothing to comment upon.

            Slow day?

            I will keep you in my prayers.

      • Islander March 13, 2023 at 11:04 am #

        “the absolute total global lockstep actions underway at this time cannot be the work of man alone, for we are weak and smallminded.”

        Don’t be ridiculous.

        Very sorry that Wolf has gone off in this direction.

        • JohnAZ March 13, 2023 at 11:40 am #

          Remember that the Dems use the divisions in the GOP to retain power. The DC GOP fears the power of the Left.

          There is no unified effort to unseat the liberals, just a group of individuals that the Dems shoot down one by one.

          This blog is a good example, good conservative folk who do not support the number one flag carrier because he may have porked someone in the eighties or succeeded in beating the power in NYC.

          Until the GOP unites, it is open territory for the Left.

          If the entire GOP had backed Trump in 2020, we would not be reading stories of the collapse right now.

          GOP is its own worst enemy.

        • ViceGrip March 13, 2023 at 11:55 am #

          I am quite delighted that she has *finally* ascertained that we have *already* been enslaved within an enantiodromic panopticon.

          A much larger magnitude of evil than anyone (including even islander’s) could have imagined.

          • elysianfield March 13, 2023 at 12:31 pm #

            “much larger magnitude of evil than anyone (including even islander’s) could have imagined.

            VG,

            Yeah, if he never cracked a History book….

          • Amman March 13, 2023 at 3:21 pm #

            A f what? LOL.

          • MaryQueen March 13, 2023 at 4:12 pm #

            I concur.

            There is much we don’t know in the sphere of complete psychopathy in which these evil people operate.

            There are also reasons that religions and gods and wars between them have been written about since man could write.

          • Islander March 14, 2023 at 10:12 am #

            Psychopathy, yes.

            Paranormal, no.

        • Jarek March 13, 2023 at 1:05 pm #

          One group controls media and banking. With the power of IT added, they have forged a mighty lever with which to move the world.

          And oh yeah, the group is implacably hostile to our civilization. Why did we allow it? Ignorance and unspeakable greed on the part of those in the know.

          • Hereward the Woke March 13, 2023 at 3:58 pm #

            You mean the French, rightk Jarek? Do enlighten us!

          • Jarek March 14, 2023 at 2:47 pm #

            Do you realize how stupid you sound?

      • Rowdypiglet March 13, 2023 at 1:46 pm #

        WalterB, I was astonished at Naomi Wolf’s about face. I think we’ll see more of this. There are people who are capable of sensing the climate of the immaterial world, and others who seem to have lead in their feet and are immured in the material. I think Naomi Wolf is one of those who has allowed herself to know and speak what she feels. Only the most determined materialists can continue to ignore the sense of a gathering darkness.

        • Jarek March 13, 2023 at 2:07 pm #

          As a Tribal, she’s closer than most of us to it. She may have once believed her people were leading us to something better – just as at one point she thought Feminism was going to lead to freedom for both men and women.

          She knows none of this is true now. And that Feminism was just one more of their weapons against humanity.

        • Amman March 13, 2023 at 3:20 pm #

          A wolfy vibe, perhaps.

        • Islander March 13, 2023 at 5:07 pm #

          “Only the most determined materialists can continue to ignore the sense of a gathering darkness.”

          Hmmmm

          These who are able to sense the supernatural sources of the “gathering darkness” (unike the hapless “materialists”) are the same people who explain Nazism as caused by people practicing black magic?

          Back we go to superstition and sorcery to explain hail storms, plague, etc.

          I guess “materialists” is a new label for conspiracy theorist.

          We sure have made progress in our efforts to understand the forces currently shaping human history!! (:-))

          • Rowdypiglet March 13, 2023 at 7:08 pm #

            Islander, you’ve read all kinds of things into what I said that are not at all what I said. Hail storms, plague?

            There is a spiritual aspect to what is happening. You are, of course, free to believe that we are animated meat, and I’m free to disagree. There are of course material forces at work, but there are others as well.

          • messianicdruid March 13, 2023 at 8:24 pm #

            I knew it:

            httpX://www.commonlit.org/en/texts/they-re-made-out-of-meat

          • Islander March 14, 2023 at 10:14 am #

            “You are, of course, free to believe that we are animated meat,”

            Wow, talk about putting words into another’s mouth, or thoughts into another’s head, you are up there with Jarek here!

          • Jarek March 14, 2023 at 12:11 pm #

            Not believing in anything beyond the physical is the same as saying you think we are animated meat. 1+3=2+2. The same thing can be said in different ways. Amazing, huh?

            Why do you put materialist in quotes? You don’t believe such people exist? Or you’re just trying to look like smart animated meat?

          • Paula D March 14, 2023 at 12:47 pm #

            Well, we have entire populations who believe in spontaneous generation again, so why not?

    • SomeoneInAsia March 13, 2023 at 10:58 am #

      I normally loathe the CCP, but here it seems they’ve amounted to some good by facilitating diplomatic relations between Iran and Saudi Arabia. Certainly the world can do with a little more peace.

      I’ve a feeling Israel isn’t going to like this, though.

      • SW March 13, 2023 at 11:55 am #

        It’s in the CCP best interest that Iran and Saudi Arabia have diplomatic relations and ties to the CCP. China doesn’t have many natural energy sources so cementing ties with two nations that do is just common sense and good business.

        • ViceGrip March 14, 2023 at 2:34 pm #

          SW

          Though China has no energy sources, they DO have something that *everybody* else needs — Bigtime:

          Rare Earth Elements

          • Amman March 14, 2023 at 3:36 pm #

            They also don’t stick their noses in peoples laundry and claim to be the planet’s Laundryman.

      • Paula D March 13, 2023 at 1:53 pm #

        Iran and Saudi Arabia both applied to join BRICS.

        I think they were told that they had to patch things up if they both wanted to be members.

        But remember that Soleimani was going to Iraq to facilitate a peace deal when the US blew him up 3 years ago.

        They were already looking to make a peace pact.

        • SW March 13, 2023 at 3:58 pm #

          I wonder if Anthony Blinken will see this as a “tremendous opportunity” to find one of their pipelines and blow it up. The neocons who have rigged our foreign policy has pushed long standing enemies into each others’ arms . The new Prince Whatshisname in Saudi Arabia looks like a very determined, ruthless leader and I don’t think he cares if the US is happy or not.

          • Paula D March 13, 2023 at 9:23 pm #

            Ha! Apparently Saudi Arabia is making noises about stopping the attack on Yemen, and their US overlords are not happy about that.

          • Paula D March 13, 2023 at 9:24 pm #

            Update: The US is no longer the overlord of Saudi Arabia.

            And they are not happy about that.

      • Hereward the Woke March 13, 2023 at 4:00 pm #

        Politics, especially at the geopolitical level, hates a vacuum as much as nature does. Xi is merely filling the gigantic gap left by the moronic Biden admin.

      • Islander March 13, 2023 at 5:08 pm #

        If Israel doesn’t like it, it must be good.

    • MaryQueen March 13, 2023 at 11:05 am #

      Greenspan was a disaster, as well. He didn’t see the 2008 crash coming, but I did?

      Hmmm.

      Parties don’t matter, JAZ. I don’t know why that fact continues to elude you.

      Neocons don’t discriminate when it comes to party affiliation. Neither does the deep state.

      • JohnAZ March 13, 2023 at 11:43 am #

        Parties do matter, Mary. Parties would matter if they really existed in DC, instead of Dems and RINOs forming the Uniparty.

        Think instead of Florida where parties absolutely make a difference. De Santis’ GOP against the perverts in Disney World.

        • Mick March 13, 2023 at 12:31 pm #

          Your naivete is….just…..incredible.

          If and when DeSantis becomes president you’ll see. No, on second thought, you probably won’t.

          He’ll keep you fed with boob bait for the bubbas. You’re an AZ bubba.

          What’s one of his “boob baits”? Fighting the perverts in Disney. Lol…

          Meanwhile, he’s a neocon from hell. He’s been tapped.

          Go back to sleep bubba.

          • Jarek March 13, 2023 at 1:09 pm #

            John is too good to understand the level of evil we are up against. Only Fascists and National Socialists can understand these people and fight them.

          • Woodchuck March 13, 2023 at 1:54 pm #

            @ Jarek:

            Bullshit!

          • Rowdypiglet March 13, 2023 at 1:56 pm #

            John is quite reasonably concerned with actions rather than labels like “neocon from hell.” While DeSantis may prove himself to be other than he appears, he’s undeniably done some real good in Florida. Until and unless we can attract better people into the political sphere, we have to work with what we have or pout in our rooms.

            It’s counter productive to claim there is absolutely no difference between one and another denizan of the swamp. As I’ve said before, the little lives of ordinary people often turn on some small matter. These small matters constitute the difference between a Ron DeSantis and a Mitch McConnell.

          • Socrates-Detroit March 13, 2023 at 5:11 pm #

            Mick is spot-on.

            I think DeSantis is probably malleable. He will be tutored. He will be like Cheney or McConnell on the “big issues” with a veneer of populism–or he will NOT BE GOING ANYWHERE.

            He is not Trump (and Trump is not the answer either–a tired old man barking the same stuff he said before, who was unwilling or unable to rein in the deep state. He ratcheted up tensions in Ukraine, higher than Obama, giving “lethal aid” to Ukraine; he had the Iranian general executed; and he wanted Norstream to never open. To his credit, he avoided a full-scale war with Iran. To his shame, he gave Israel even more aid and encouraged them to continue their persecution of the Palestinians). Trump was wealthy, self-made, and didn’t NEED the blessing of the establishment.

            He had his chance. If he did his best, it wasn’t enough. Though it was much better than what followed, for sure.

            If DeSantis is NOT malleable, he will have to carry on as if he “understands” the “need for a strong defense to contain Russia and especially China”, so he can get the backing he needs to get elected, which will turn people like me off.

            THEN, once President, he will have to change, at which point the deep state will make him to be a fool and destroy him.

            “Attracting better people to politics” is not going to happen, because the game is rigged. Sorry.

            It can only happen if a large number of Americans, demands, and insists on, in unison, things like balance budgets, like a small military, like sound money, like decluttering the legal system. Most Americans are too ignorant or self-absorbed to take an active interest.

            In addition, powerful lobbies, starting with the military-industrial complex, the financial industry, big pharma, big tech, know how to buy off politicians and how to adeptly lie about and distort the issues, to prevent Americans from waking up.

            Talking to younger people (under 35-40) is not exactly confidence inspiring either.

            I sound pretty defeatist, I know.

        • MaryQueen March 13, 2023 at 4:08 pm #

          You agree with me that they don’t exist, and then argue again for 1 over the other.

          Head-smacking.

          • ViceGrip March 14, 2023 at 2:38 pm #
    • mrs_saj March 13, 2023 at 11:34 am #

      JohnAZ,

      And the debt ceiling crisis with the extraordinary measures that will get us from here to only mid-June….

      • JohnAZ March 13, 2023 at 11:45 am #

        Yes! Taking bets on whether the banks go before the debt situation blows up in June.

        • mrs_saj March 13, 2023 at 1:46 pm #

          I had to add it to your list because neurodoc has been beating the drum on this for a while and now it is particularly germane.

          • ViceGrip March 14, 2023 at 6:36 am #

            At this juncture, and, based upon what is now ocurring — and the increasing frequency with which events are ocurring, my greatest concern is for us (CFN’rs) to make it to Friday.

            Have we already forgotten the ‘balloons’ diversion?

            None of *that* made sense!

            We may have been better off looking the ‘other’ way.

            Perhaps the ‘banks’.

            Now the ‘Banks’.
            Even *bigger* diversion.

            None of *this* makes sense!

            Place your attention elsewhere.

            Stop making ‘sense’.

  10. neurodoc March 13, 2023 at 10:15 am #

    To add a few apocalyptic notes: 1-Saudi-Iran-China have sealed a deal for mutual (NON USD) trade (and defense usually goes with that), 2-they have agreed to get rid of any USDs they had saved, 3-Credit Suisse, bank of banks, has halted most of their interbank business and its stock has crashed: their accounts are to be shut down by 3/24 per the DTCC, 4- the top five US banks each has between 22 and 55 TRILLION USDs in derivatives (the total for the top five is 186 TRILLION $) and aren’t going to be unwound easily, and 5-all the banks that are in trouble (for now, SVB, Republic, and recently Signature) interact with all manner of businesses for credit lines, which will now be gone, along with depositors money over 250K (re the latter: these accounts will get a portion of their money over the next 10 years). Get ready for Weimar II in the US. And, think about getting a wheel barrel to take money to the grocery store, if any exists in six months.

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    • JohnAZ March 13, 2023 at 11:49 am #

      Your comment about derivatives reminds me of the fakery of CDOs in 2008 and their role in The Big Short. Remember. Michael Bure and the exact nature of his betting against the junk loans in the CDOs. Right now, he is putting out big warnings about the state of the financial sector.

      • neurodoc March 13, 2023 at 12:46 pm #

        Bill Holter is on USAWatch now saying that if the FED doesn’t raise interest rates, the USD$ will collapse rapidly; if they do raise raise, multiple banks and companies will bankrupt in a cascading default. He gives very cogent analyses for both alternatives, and shows that the FED must do one or the other. No win situation for the US Corporation.

        • Anthea March 13, 2023 at 1:29 pm #

          @ neurodoc:

          Yup. They can either destroy the dollar, or destroy the financial industry and the economy.

          I suppose our best bet is to try to develop an economy that’s independent of all that. It would be pretty austere. It might involve having beet greens and goat cheese for dinner, or maybe fried turnips. But it might get to where that sounds really good.

          There is a story about Ancient Rome where one of the leaders of Old Rome was offered the chance to take on great power, but he refused, saying he’d rather lead a free people.

          The reason I mention this is because, at the time this proposal of assuming great power was offered to him, he was roasting turnips in an earthenware pan, over an open fire.

          Has anyone else read this story? I’ve never been able to find it again. It used to be in the Children’s Book of Knowledge, back in the 1950s.

          • KesaAnna March 13, 2023 at 7:24 pm #

            Can’t help you with a book title ,

            but it sounds just like Cincinnatus .

            Roughly a Roman version of the Spartan founding father Lycurgus.

            A conservative , even reactionary , type .

            A staunch representative of the Patrician Order.

            As I said the other day one of the primary pillars of conservatism used to be Fiscal conservatism .

            Cinncinnatus , along with the Spartan Lycurgus , was the original model for that ideal.

            He did not live in a palace , he lived in a modest house only incrementally better than what a slave would live in.

            He was a slave – owner , but worked shoulder – to – shoulder with his slaves out in the field.

            He might have been the type who would say , ” I ask no one to do what I would not, and have not , done myself. ”

            And maybe said it with some sincerity.

            He was no populist , perhaps not particularly warm and fuzzy.

            He seems to have been the type who believed that natural law dictated that women should shut up and stay in the kitchen ,

            and that the lower orders ( including the lower orders of his own people . Sorry Jarek . ) should naturally defer to the higher orders.

            However he also thought that the letter of the law applied just as much to a king as to a slave , indeed , much more so.

            He was the type who might have said , ” The ends justify the means ” is the Devil’s argument. ”

            I don’t know if he was roasting turnips at the time , but he was offered dictatorship or kingship in a Roman crisis and refused it.

            How many people would do such a thing ?

            Actually several in early Roman history.

            Perhaps for that reason Cinncinnatus has faded into the background ,

            Also perhaps because types like Julius Caesar are a lot more popular now.

          • crudgemudgeon March 13, 2023 at 10:31 pm #

            Sounds like Augustus. Or Cincinnatus.

          • Anthea March 14, 2023 at 1:13 am #

            @ KesaAnna:

            Thanks! That does sound like Cincinnatus.

          • Jarek March 15, 2023 at 1:47 pm #

            Wait, what? You think I think all Whites are on the same level? You haven’t been paying much attention.

            High and low exist in all peoples, just not in equal proportions. Did I ever say all Whites are better than all Blacks or anyone else? But yes, Whites should come first in White cultures. Evil, right?

            Go to Thailand and see if Thais aren’t put before Whites. Go to a good Chinese restaurant and see if Chinese people aren’t seated first.

          • Jarek March 15, 2023 at 1:52 pm #

            Ant: The first teacher of Fascism too.

            In front of the people, he gathered small sticks or “fasces”. He picked up one and snapped it. Then he gathered up a bunch and tied them together. He tried to snap them but could not.

            Such is the strength of a society that is unified. A modern equivalent would be the laser or unified light. The first illustrates defense and the latter, offense or the power of research and industry available when men work together.

    • Anthea March 13, 2023 at 1:19 pm #

      @ neurodoc:

      I’m inclined to think you’re right. If I were really sure you’re right, I buy a whole lot of gold and silver.

      • Socrates-Detroit March 13, 2023 at 5:15 pm #

        Unless you can produce things of value that you can barter with, gold and silver are always a good idea.

        We won’t have a signal on cable news, or even here on CFN, next Friday, JHK won’t say, “yep, this is it, on Wednesday we are done”.

        Brevity is not my strong suit, but I think Neurodoc 12:46 summarizes it well.

        • Anthea March 14, 2023 at 8:06 pm #

          @ Socrates-Detroit:

          Well, you need to be able to produce thing of value that your can barter with, even if you have gold and silver. If you can’t, you’ll run out of gold and silver pretty quickly.

          I often wonder if there aren’t a lot more people around who have at least a small stash of gold and silver than you would think. If so, it might be possible for some parts of the country to actually use it as currency, though probably in a very limited way, if the dollar collapsed. People would be very reluctant to spend their gold and silver, and they’d try like hell to get the Pakistani guy at the gas station to trade them gas for tomatoes. (He’d probably be more than happy to take a silver coin.)

    • Q. Shtik March 13, 2023 at 9:24 pm #

      a wheel barrel – neurodoc

      ========

      I would say LMAO but it actually isn’t funny to me.

  11. butter56 March 13, 2023 at 10:23 am #

    In the immortal words of the brilliant George W Bush, “This sucker could go down.”

    • Disaffected March 13, 2023 at 11:13 am #

      Such an entertaining little shit, he was.

      • MaryQueen March 13, 2023 at 12:35 pm #

        He was good at strategery.

        • Jarek March 13, 2023 at 1:11 pm #

          Is he involved with Big Mike? Is he gay? Or does word not even apply at his level of “Masonry”?

        • Starman March 13, 2023 at 4:26 pm #

          Please don’t misunderestimate him!

        • SangPur March 13, 2023 at 4:31 pm #

          And shoe-dodging.

  12. Beryl of Oyl March 13, 2023 at 10:23 am #

    I woke up this morning at my customary time, and it was dark out.

    How can that be? Did we not just start saving daylight?

    This is basically the same problem we have with many if not most of the major issues today.

    Our government believing that it is their place to do these things, and the people believing that they even can, or that they did.

    Holland destroying its farmers? It’s because reasons, and some people believe those reasons are valid, and that they are doable.

    The same with covid. It’s the government’s place to tell you not to go to work because of a virus, because you can stop a virus that way.

    Fewer and fewer people are believing the lies though, so they hit us wih a new distraction right on schedule.

    • Disaffected March 13, 2023 at 10:52 am #

      Alas, all that daylight we’re saving will go up in smoke too when the banks go under.

      Mushrooms, anyone? They thrive in darkness and shit.

      • SomeoneInAsia March 13, 2023 at 11:08 am #

        I’ve recently entertained sci-fi fantasies in which a group of people seek refuge underground as the great collapse arrives, and they find entire colonies of edible fungi, enabling them to settle down in subterranean communities ever since.

        • Disaffected March 13, 2023 at 11:14 am #

          Never say never.

        • Beryl of Oyl March 13, 2023 at 11:28 am #

          That was 15 Days To Slow The Spread.

        • JohnAZ March 13, 2023 at 11:51 am #

          Morlocks?

    • Jarek March 13, 2023 at 1:14 pm #

      Stop using electric lights. Go to bed when you are sleepy and get up when you wake up and feel like getting up. Soon it will be dark all the time and you will be able to see the stars as you freeze to death.

      What are your plans, post-mortem? If you don’t know where you want to go, you may end up someplace you don’t want to be.

    • ViceGrip March 13, 2023 at 4:20 pm #

      “I woke up this morning at my customary time, and it was dark out.

      How can that be? Did we not just start saving daylight?”

      Oops Beryl,

      You must have missed the notice:

      ‘The start of Daylight Savings Time has been precluded until such time as our nationwide banking situation has been rectified.

      Thereafter, ‘Daylight Savings Time’ will commence, but only after such time as our ‘Solar Science Working Group’ are able to figure out how to rewind the Sun.

      We now return you to our regularly scheduled broadcast.”

  13. Disaffected March 13, 2023 at 10:33 am #

    Luckily, Cap’n “Joe Biden” is at the helm of this steaming garbage barge. His conference room full of geniuses is ready with the solution to our predicament: the long-mythologized Central Bank Digital Currency — a dream-come-true for would be tyrants… the Godzilla of unicorns whinnying atop the biggest rainbow of all: the promise of endless magic money for everybody, forever…

    The Crimson Permanent Assurance, anyone?

    https://www.youtube.com/watch?v=lNlYBNTCBG8

    • JohnAZ March 13, 2023 at 11:54 am #

      Digital currency is even more phantom than the dollar now. Crypto will be the first to go down, broad scale. When it goes down, the return to money representing human labor is coming back.

      BTW, that is called deflation.

      • Socrates-Detroit March 13, 2023 at 5:27 pm #

        Digital currency is even more PLAUSIBLE now.

        The “thinkers” will see it as a tool to “manage” the crisis and “ensure everyone can get the essentials at this difficult time”.

        Crypto is hard to understand and virtual. Digital is virtual too, but we already are used to cards. A lot of people will buy into it.

        As for human labor, the majority of labor in the USA is expended on relatively stupid, worthless tasks. Middle management….

        That would include a good portion of my working life. Analyzing, creating reports. Making presentation. Being watched by higher managers, and watching lower managers or subordinates.

        Chances are, the subordinates know what to do. Even if they “skimmed”, it would cost less without having five people on top of him or her. If they were really bad, the organization would know and they would be gone.

        In our current world, many people who perform labor doing USEFUL things or creating useful products, goods and services that actually serve a purpose, tend to be underpaid since this is considered low-skilled labor.

        But analyzing, processing insurance claims, reshuffling papers or data, these are all at best incidental processes, at worse HUGE PARASITIC losses–well, these people make more money than many.

        The fairest wages are by skilled technicians and trades. You want electricity or A/C or your car to run? It’s gonna cost you.

  14. Beryl of Oyl March 13, 2023 at 10:34 am #

    I like Eugyppius’ writings.

    • MaryQueen March 13, 2023 at 11:07 am #

      Same!

  15. SpeedyBB March 13, 2023 at 10:41 am #

    Jim, I was fine with your interesting exposition right up until you got to the last line.

    Ukraine?

    What’s a Ukraine?

    (Kinda sounds like science fiction.)

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    • Disaffected March 13, 2023 at 10:50 am #

      It’s kinda like a migraine, only a whole lot more persistent, painful, and expensive.

    • Paula D March 13, 2023 at 11:34 am #

      Back in the ol’ days, a couple of weeks ago, it was considered very, very important for the US to save Ukraine’s robust democracy.

      But now we’ve moved on.

      • JohnAZ March 13, 2023 at 11:55 am #

        Ukraine’s robust economy?

        In what universe?

        • neurodoc March 13, 2023 at 12:50 pm #

          AZ: they have a robust underground economy in the trading in children, white women, drugs, organ parts, and weapons. Nasty group of kazarians; BTW, Ukraine was formerly known as Kazaria.

          • Jarek March 13, 2023 at 1:20 pm #

            The Russians destroyed that evil nation long ago. They fled to Eastern Europe. Now they are back. Now Russia must destroy them again.

            In the Middle Ages, the Polish Lords used them as overseers and bully boys over the downtrodden Ukrainian peasants. Unfortunately for the Khazars, the peasants found a very powerful friend in the Cossacks.

            No one made them get in the middle of a very nasty cultural war between Catholics and Orthdox powers. They did so of their own accord and paid dearly.

        • Paula D March 13, 2023 at 1:57 pm #

          I was being sarcastic, John.

          But I said democracy, not economy. Sarcasm.

          • JohnAZ March 13, 2023 at 5:09 pm #

            Yeah, my mind thought democracy and fingers wrote economy. I agree with your assessment.

        • Amman March 13, 2023 at 3:03 pm #

          Universe of Slushalia.

  16. Gherry March 13, 2023 at 10:43 am #

    My friends over in Greece for couple weeks.
    Says there’s dozens of Russians and Ukrainians all 20 somethings just trying ‘ to sit things out’

    All this crazy displacement and loss etc does make you wonder what on earth economic model will come along when the numbers with have to include demographic collapse.

    A mash of every man for himself and every man by himself at this rate.

    • thirdcoastlegend March 13, 2023 at 10:58 am #

      Makes sense.

      Greece is fairly low-cost of living with mild winters by Russian/Ukrainian standards.

    • Mac March 13, 2023 at 11:07 am #

      It was like that during the Iraq war. Lots of rich Iraqi kids letting us do the dying to get rid of Saddam. Think about those partying Ukrainians when they draft your kid to go fight in Ukraine.

    • toktomi March 13, 2023 at 1:14 pm #

      @Gherry

      “what on earth economic model will come along”

      “Now, that’s funny right there. I don’t care who you are. That’s funny right there.”

      ~toktomi~

  17. zappalives March 13, 2023 at 10:52 am #

    This would be a swell time for a real insurrection/rebellion-civil war.

  18. steppingup March 13, 2023 at 10:52 am #

    I’m still going with “Alien Invasion” by May, and when that falls apart, a brand new variant shortly thereafter.

    • thirdcoastlegend March 13, 2023 at 11:02 am #

      I don’t think their holographic technology is advanced enough to support an alien invasion.

      Scary Movie 3 kind of predicted an alien invasion under a mentally impaired president, but honestly we’d be a lot better off with Leslie Nielsen in the White House.

      • MaryQueen March 13, 2023 at 12:36 pm #

        That’s extra funny given Nielsen is dead. LOL.

        • neurodoc March 13, 2023 at 12:52 pm #

          Biden may also be dead with a mask wearing sit in. Recently, reportedly one of jill’s letters or diaries was found in which she wrote, ‘dear joe, I miss you so much….”
          Anything is possible these days.

          • BackRowHeckler March 13, 2023 at 1:01 pm #

            Anybody seen Sen. Fetterman around lately? Rumor is that he is brain dead, hooked up to an infernal machine that allows him to simulate being alive and still vote in the Senate on key issues.

          • toktomi March 13, 2023 at 1:12 pm #

            @neurodoc

            When life has lost its meaning and the illusion of purpose has faded, there are always myopia, video games, and pure vulgar fantasy for distraction.

            Don’t forget to rearrange the deck chairs before she goes down.

            ~toktomi~

          • Paula D March 13, 2023 at 1:59 pm #

            “I miss you, Joe” That doesn’t sound believable. I’m betting she’ll be fine when he kicks off.

        • tractorguy March 13, 2023 at 2:10 pm #

          Reminds you of one of Jim’s “World Made By Hand” books where the leader of a cult (the Berkshires) that was invading the town was actually dead, and they kept the body in a motel room and refused to let anyone in to see it.

          • thirdcoastlegend March 13, 2023 at 4:58 pm #

            Heck, the Inca had dead emperors as part of their political system at various points.

      • Jarek March 13, 2023 at 1:22 pm #

        Agree. They needed to have done this decades ago before IT was made accessible to all – and when their credibility was still very high.

  19. Mick March 13, 2023 at 10:55 am #

    The Treasury Department, the FDIC, so essentially the Biden Admin announced that ALL of the depositor’s money at SVB will be guaranteed. That means everything over and above the 250K FDIC “guarantee”. This is a bailout, despite what that lying bitch Yellen says.

    Why? Well, SVB is where many millionaire and billionaire tech company folks had deposits.

    I’ll let the reader draw conclusions as to why and to whom this group is so “valuable.”

    • Disaffected March 13, 2023 at 11:00 am #

      So fitting that the contagion begins in the home of contagions, Silicon Valley. I wonder what prompted all this? Did local real estate valuations collapse?

      • Disaffected March 13, 2023 at 11:03 am #

        Asked and answered. Venture capitalists and lack of diversification.

        https://www.fastcompany.com/90864027/why-svb-failed-silicon-valley-bank-collapse

        • JohnAZ March 13, 2023 at 11:59 am #

          Venture capital is high, high risk. 10% or so of companies pan out.

          In a bank’s portfolio, venture capital should be small. My guess is that is not the charter of SVB and so it is first to go.

          I believe the government is supposed to monitor banks for solvency, that worked as well as most of federal efforts.

          • toktomi March 13, 2023 at 1:08 pm #

            @John

            My guess is that venture capital with no expectation of repayment of the principle but rather only a return on interest is the last prosthesis or emulation of productive economic activity [see oil fracking]. When it is gone, there might be prologue but probably only The End.

            But, don’t take my word for it for I know nothing.

            ~toktomi~

      • Mick March 13, 2023 at 11:06 am #

        No, it’s the Fed’s typical bullshit in ruining everything with bad policy and intervention. This has to do with them raising interest rates.

        SVB was home to lots of people who do start up loans and investments in the tech sector. This had nothing to do with housing.

        But, I do believe housing will be a factor all over the country soon. Rampant inflation is about to give way to another deflationary deep depression.

        Cheers!

        • mrs_saj March 13, 2023 at 11:45 am #

          Mick,

          Correct. Liquidity dried up a bit in the tech sector. Companies had (uninsured) deposits sitting in bank accounts, getting very little interest. Rates went up (forcing the value of treasuries down). Depositors started pulling some money out because they could get a better return by buying short term treasuries. The bank (SVB) was sitting on long term treasuries that they were holding at a loss. They had to sell the treasuries at a loss to comply with depositors withdrawing money. Then the bank had to announce they needed to raise funds. Then you get a bank run.

          The problem is the bank knew their treasury positions were going south MONTHS AGO. They could have started adjusting their balance sheets (taking incremental losses) back then.

          • toktomi March 13, 2023 at 1:02 pm #

            @mrs

            DECADES AGO

            Even James, The Long Emergency, had that figured out nearly twenty years ago.

            ~toktomi~

            ~toktomi~

          • mrs_saj March 14, 2023 at 3:50 am #

            toktomi,

            I’m referring to when interest rates started going up 12 months ago, thus affecting the market value of treasuries. The bank owned lots of treasuries. It should have been making adjustments to its balance sheet as market conditions changed.

            I’m not sure what you’re referring to that happened decades ago that should have prompted the bank to adjust its holdings lately. Maybe I’m missing something.

      • MaryQueen March 13, 2023 at 11:09 am #

        Might be to distract from the Twitter files and the truth about the covid19 hoax being unraveled.

        • JohnAZ March 13, 2023 at 12:01 pm #

          And Jan. 6, which is about to blow apart DC.

        • SW March 13, 2023 at 12:14 pm #

          There were pictures of the Diversity and Inclusiveness employees skiing in Tahoe no doubt “team building” and sharing harrowing stories of victimization.

          I wish they’d for once just do what they’re supposed to do — insure the first 250k. If the businesses want more then make the executives give back every penny of bonuses they’ve gotten in the last year, minimum.

          MSM is doing a good job of ignoring the Twitter files and the lies about covid 19 but their reporting on snow storms is outstanding.

          • Paula D March 13, 2023 at 2:03 pm #

            I agree, SW. Make whole the savers, let the gamblers take their losses.

            And yeah, rich assholes in Tahoe complaining about their oppression is getting old.

        • Mick March 13, 2023 at 12:22 pm #

          Sorry, but that’s just silly. SVB has nothing to do with distraction of Twitter and Covid. This is a result of very bad financial decisions made by the central bank.

          As in decades of bad decisions. The can that was kicked down the road in 2008? Well, welcome to the end of that road.

          • MaryQueen March 13, 2023 at 12:37 pm #

            So you don’t believe they didn’t plan this and time it out?

            OK then.

            Even though that’s what they always have done.

          • toktomi March 13, 2023 at 12:57 pm #

            @Mick

            What is your definition of “bad”.

            Ya thinkin’ any of this has not been planned and that all current events have not been implemented using the results of many, massive computer simulations?

            Kids, this ain’t the 19th century and “Toto, I have feeling…”.

            ~toktomi~

          • Amman March 13, 2023 at 1:59 pm #

            @MQ That argues foresight, planning, discipline, long-term patience, independence to act with leisure in a world going thru radical change.

            Are you sure someone is in full control?

          • Paula D March 13, 2023 at 2:04 pm #

            They have spent the last 40 years and trillions of dollars trying to keep this sucker going, but sure, dude, they planned this.

          • MaryQueen March 13, 2023 at 4:02 pm #

            Absolutely, Ammon.

            The Great Reset has been plotted out for decades. We already have proof of that. If not 100 years.

            Every inch of this is planned. They have to destroy everything in order to build back better.

            They have to crash the banks and get rid of paper money to get us to CBDC & UBI.

            2008 crash was also planned. How else could Greenspan claim he didn’t see it coming when everyone else did? These are things you need to look at.

          • Amman March 14, 2023 at 4:30 am #

            Is there a plan to separate and isolate the USA from the rest of the world?

            Is that the key component part of this grand long-term plan?

          • Amman March 14, 2023 at 9:28 am #

            Heroin addicts and Psycho-killers plan for their next fix and victim, yeah?

            Doesn’t make them amazing powers-that-be.

          • Socrates-Detroit March 14, 2023 at 2:55 pm #

            @MaryQueen Bulls-eye!

            It’s been planned for generations–see “Tragedy and Hope” by Carroll Quigley, early 1960s. Or better yet, “None Dare Call It Conspiracy” by Gary Allen. From your posts, you already are aware of most of the contents of the book. Book simply organizes what you know (the puzzle pieces) to give you a clearer picture.

            What’s changed technology in general, and IT/communications in particular now permit more control than imagined…

            Our wannabe gods are vain enough to think they can be gods.

            They will not succeed in the end, but it will be a rough ride down.

    • Beryl of Oyl March 13, 2023 at 11:30 am #

      Supposedly Harry and his husband Meghan had their money there.

      • SW March 13, 2023 at 12:20 pm #

        Oh no!! All those millions for doing nothing but whine and complain are gone?!

        If I remember correctly, they had a chicken coop in their backyard (on the estate) and eggs are expensive so the kids could set up a stand out front and bring in some cash.

      • Hereward the Woke March 13, 2023 at 4:07 pm #

        Beryl, one certainly hopes so. I wonder how Meghan will manage to weave racism into her bankrupty narrative?

      • Q. Shtik March 13, 2023 at 10:30 pm #

        Source please.

    • workingclasshero March 13, 2023 at 1:24 pm #

      SVB is also a California bank with probably strong ties to the Democratic Party.

    • Amman March 13, 2023 at 1:53 pm #

      Errrr…. I don’t know? Can’t even guess.

      Ok, Facebook? Twitter? YOUHoo?

    • mary.m March 13, 2023 at 7:20 pm #

      Also Pelosi.

  20. Islander March 13, 2023 at 10:57 am #

    Jacob Dreizin has some thoughts on SVB—worth a look:

    httpX://thedreizinreport.com/2023/03/12/dreizin-explains-banking-also-on-march-11-gayest-air-force-in-history-flew-uk-based-b-52-bomber-noble61-into-gulf-of-finland-for-likely-unarmed-nuclear-cruise-missile-launch-approach-train/

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    • Mick March 13, 2023 at 11:03 am #

      I’m sure you caught his post that was just prior to the one yesterday. He cracks me up, which is so appreciated during this, the Days of Bullshit Insanity:

      “Ukraine redeploys forces from other sectors, commits almost all reserves, has 19 brigades (16 maneuver, 3 artillery) and parts of another, plus multiple brigades of militia—the gayest army ever assembled…..”

      Onward Globohomo!! Lol….

    • Mick March 13, 2023 at 11:03 am #

      I’m sure you caught his post that was just prior to the one yesterday. He cracks me up, which is so appreciated during this, the Days of Bullshit Insanity:

      “Ukraine redeploys forces from other sectors, commits almost all reserves, has 19 brigades (16 maneuver, 3 artillery) and parts of another, plus multiple brigades of militia—the gayest army ever assembled…..”

      Onward Globohomo!! Lol….

      • Mick March 13, 2023 at 11:07 am #

        I have no idea why my above post posted twice.

        • The Man They Call Zazelle March 13, 2023 at 10:12 pm #

          Me neither.

    • Gherry March 13, 2023 at 11:07 am #

      Yeh mild winters for sure in Greece but got a feeling an army of non army 20 somethings sitting out the war won’t just be seasonal.
      Displacement has about 20 flavours for 20 somethings(who again are the next in line to build a new economic model) eeekkk

    • Islander March 13, 2023 at 11:08 am #

      Dreizin continues after the bank implosion stuff with maps and comments on recent incursions of US bombers basically over Russian air space (close enough to spit).

    • thirdcoastlegend March 13, 2023 at 11:09 am #

      His writing and presentation style are even more difficult to follow than Ticker Guy.

      • MaryQueen March 13, 2023 at 11:14 am #

        Agree, it’s annoying as hell.

      • Hereward the Woke March 13, 2023 at 4:08 pm #

        I worry about Ticker Guy’s blood pressure. That guy gets so angry. Mind you, that’s understandable with the current state of things.

        • thirdcoastlegend March 13, 2023 at 4:59 pm #

          Don’t, since he’s developed good habits and lives a healthy, active lifestyle.

          I just wish he’d stop telling us to run out and act out a fedpost in real life as soon as possible.

          • Q. Shtik March 13, 2023 at 10:35 pm #

            act out a fedpost in real life – tcl

            ========

            I have no idea what ^this^ means.

          • Anthea March 14, 2023 at 1:29 am #

            Q. Shtik:

            I don’t either. But the Tickerguy does often encourage people to do something violent, which makes me suspicious. And he keeps telling me that I am responsible for all this, when I’m pretty sure I had nothing to do with it.

          • Islander March 14, 2023 at 10:18 am #

            Ticker Guy is Ticker Guy.

            Dreizin is Dreizin.

            These guys have their good points (often provide good analyses and data/info), and their bad (level of spleen on display, writing tics, personal vendettas, etc)..

            No one’s perfect. So, bitch away.

  21. lost-in-north-dakota March 13, 2023 at 11:25 am #

    It only took Yellin and Treasury less than a day to crack under pressure. FDIC insurance is only supposed to be up to $250,000, but it has been announced that the government will make all depositors whole. Maybe someone can explain to me how this is not a “bail-out.”

    • Mick March 13, 2023 at 11:45 am #

      SVB was just too “important” to fail.

      (It is highly probable that most of the tech depositors are DNC donators. Except Thiel, who pulled his money out a few weeks ago. Some are firing slings and arrows at him of course. Implying that it is “his fault”. Lol… Oh, the US political bullshit is so predictable).

      • BackRowHeckler March 13, 2023 at 12:20 pm #

        Rumor has it that bonuses were passed out to key employees just a few hours before the curtain came down.

        • Jarek March 13, 2023 at 1:47 pm #

          I don’t know but I’ve been told,
          Air Force parachutes are made of gold.

          I don’t know but it’s been said,
          Navy parachutes are made of lead.

          We’re all going into the drink. We’re all navies now.

          • BackRowHeckler March 13, 2023 at 4:00 pm #

            What Navy?

            The US Navy now celebrates Trans Visibility Day.

          • Mick March 13, 2023 at 4:39 pm #

            The gayest Navy ever

    • mrs_saj March 13, 2023 at 11:46 am #

      It’s a bail out.

    • JohnAZ March 13, 2023 at 12:03 pm #

      Where is the “real” money going to come from?

      Biden’s imagination!

      • toktomi March 13, 2023 at 12:50 pm #

        @John

        “Real money” has been virtually non-existent for about the last two hundred years.

        Find an economic definition of “money”.

        I could be wrong.

        ~toktomi~

        • Amman March 13, 2023 at 1:51 pm #

          Real money is part imagination (promises) and reason (hard economic facts)

        • Amman March 13, 2023 at 4:05 pm #

          It when the Imagination tells reason outsourcing to China is in the long term good for America business that things go awry.

      • ViceGrip March 13, 2023 at 4:47 pm #

        “Where is the “real” money going to come from?”

        Why, “Bail-In’s” of course.

        For example:

        Harry & Harriet Homeowner go to the bank to get some emergency cash, and ask the teller for $300 in cash upon presenting their bank card.

        After a few minutes the teller comes back to tell Harry & Harriet, “Sorry, you don’t have $300 in your account.”

        They then ask her, “How much money is currently in our account?”

        She replies, “I am unable to tell”.

        They ask her, “Why not?”

        She states, “Because the accunt has been closed, along with your Savings account too. You will receive a notice in the mail.”

        The teller usher’s them aside, thereafter stating, “Next please”.

    • toktomi March 13, 2023 at 12:48 pm #

      @lost

      My guess would that “crack[ing] under pressure” is anything but. I would guess it to be scripted performance directly from the screenplay.

  22. Rodulf March 13, 2023 at 11:25 am #

    Just waiting for somebody to blame this on Russian Communist Nazi White Supremacists…

    • CyanoticPotatoReaper March 13, 2023 at 11:35 am #

      Sorry. It’s the Zio-Nazi “Star of Remphan-ites” that are the “problem”!!! ??

    • JohnAZ March 13, 2023 at 12:03 pm #

      Biden blamed it on Trump this morning.

  23. JackStraw March 13, 2023 at 11:26 am #

    Jim slipped a little Grateful Dead in there today. Noice!

    It certainly does look like the dam is breaching. The cracks are leaking and the dimwits running the place are on belay over the side and stuffing putty in them.

  24. CrusherMuldoon March 13, 2023 at 11:26 am #

    The can that has been kicked for ages is running out of real estate

    • Mick March 13, 2023 at 12:00 pm #

      Yep. 2023 is the year we’ve been dreading.

      I fully expect the new digital currency to be rolled out very soon. As a “fix”, of course.

      • JohnAZ March 13, 2023 at 12:04 pm #

        It will make things worse.

  25. toktomi March 13, 2023 at 11:28 am #

    @JHK

    And so go the bemusements of this Grande Vanity Fair whose entrance was revealed so long ago by M. King Hubbert and the entourage of informed followers and advocates that came after, including the astute James Howard Kunstler.

    So breaks the Long Emergency, eh, James?

    “The Universe is ENERGY” and the entirety of all that exists can be truly understood only in those terms, to the extent that even mass is but an illusion of something apart. I could be wrong.

    Is that the global stench of rotting human bodies that I smell?

    ~toktomi~

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  26. The Man They Call Zazelle March 13, 2023 at 11:42 am #

    Ol’ Cap’n Joe Bid’n’s Steamin’ Garbarge’s Financial Console Reset Button?

    “A debt jubilee is a clearance of debt from public records across a wide sector or a nation. Such a jubilee was proposed as a solution to debt incurred or anticipated during the COVID-19 recession. The American economist Michael Hudson is a proponent of a debt jubilee, writing in a Washington Post op-ed that it was an alternative to a depression. Similarly, anthropologist David Graeber pointed to kings’ historical use of debt jubilees during regime changes to suggest that a debt jubilee would have been an appropriate response to the 2008 financial crisis. Australian economist Steve Keen is a proponent of debt jubilee. To deal with debt we have to address the trillions of outstanding bad debts. Over the past decade, the world’s central banks have sent interest rates to record lows as their response.” ~ Wikipedia, entry, Debt Jubilee

    >>>>

    …landed in Paris, cast a spell on the regent Duc d’Orléans, set up a magic credit engine fueled by dreams of untold riches-to-come burgeoning out of the vast, new-found lands called Louisiana up the Mississippi River, and modern finance was born!

    The stock-and-money schemes known as the Mississippi Bubble soon ruined France and put finance in such a bad odor that the word “banque” could not be used in polite society there for a century to come.” ~ JHK

    ——

    Revelator
    (live at the BBC)

    youtu . be/4gEc5Pq50xo

    “Darling remember, when you come to me
    I’m the pretender; I’m not what I’m supposed to be
    But who could know if I’m a traitor?
    Time’s the revelator…

    They caught the Katy**, and left me a mule to ride
    The fortune lady came along, she walked beside
    But every word seemed to date her
    Time’s the revelator, the revelator

    Up in the morning, up and on the line
    Drive into Corning, and all the spindles whine
    And every day is getting straighter
    Time’s the revelator, the revelator…”

    ——

    **New Orleans’ Katrina hurricane?

    • The Man They Call Zazelle March 13, 2023 at 12:04 pm #

      Small Town Venue
      (hypothetical/conceptual)

      ——

      The Way It Will Be
      (Gillian Welch, Dave Rawlings)

      youtu . be/rO6SkStmhGY

      ——

      I really appreciate the human-level integrative approach of the setup; no separate stage, just playing at their table with the people at their’s.

    • JohnAZ March 13, 2023 at 12:06 pm #

      The debt jubilee is an every seven year Jewish holiday set forth in Mosaic law.

      • The Man They Call Zazelle March 13, 2023 at 12:22 pm #

        The Jubilee (Yovel) Year
        The jubilee year provided for a period of both social equality and ecological recovery.

        ——

        “The jubilee — yovel in Hebrew — is a year observed once in 50 years, following seven cycles of seven-year shmita, or sabbatical, years. Like the shmita year, the jubilee is one in which no agricultural work is to be done and the land is to lie fallow.” ~ website, My Jewish Learning

        • Q. Shtik March 14, 2023 at 1:49 pm #

          Jubilee sounds like a crock of shmita to me.

          • The Man They Call Zazelle March 14, 2023 at 7:56 pm #

            There’s jubilee and then there’s debt jubilee.

      • The Man They Call Zazelle March 13, 2023 at 12:33 pm #

        Usury

        “…is the practice of making unethical or immoral monetary loans that unfairly enrich the lender. The term may be used in a moral sense—condemning taking advantage of others’ misfortunes—or in a legal sense, where an interest rate is charged in excess of the maximum rate that is allowed by law. A loan may be considered usurious because of excessive or abusive interest rates or other factors defined by the laws of a state. Someone who practices usury can be called a usurer, but in modern colloquial English may be called a loan shark.

        In many historical societies including ancient Christian, Jewish, and Islamic societies, usury meant the charging of interest of any kind, and was considered wrong, or was made illegal. During the Sutra period in India (7th to 2nd centuries BC) there were laws prohibiting the highest castes from practicing usury. Similar condemnations are found in religious texts from Buddhism, Judaism (ribbit in Hebrew), Christianity, and Islam (riba in Arabic). At times, many states from ancient Greece to ancient Rome have outlawed loans with any interest. Though the Roman Empire eventually allowed loans with carefully restricted interest rates, the Catholic Church in medieval Europe, as well as the Reformed Churches, regarded the charging of interest at any rate as sinful (as well as charging a fee for the use of money, such as at a bureau de change). Religious prohibitions on usury are predicated upon the belief that charging interest on a loan is a sin.” ~ Wikipedia

        >>>>

        “A jubilee is a particular anniversary of an event, usually denoting the 25th, 40th, 50th, 60th, and the 70th anniversary. The term is often now used to denote the celebrations associated with the reign of a monarch after a milestone number of years have passed…

        In Roman Catholic tradition, a Jubilee is a year of remission of sins and also the punishment due to sin.” ~ Wikipedia

        • Beryl of Oyl March 13, 2023 at 1:25 pm #

          That reminds me:

          https://twitter.com/martyrmade/status/1633106535688617988?s=20

          • The Man They Call Zazelle March 13, 2023 at 2:21 pm #

            The tie must be plastic (acrylic) because it hasn’t dissolved with everything else.

          • Blackbird March 13, 2023 at 9:09 pm #

            I like the paternity test video a little further down screen.

            Why would anyone want to go to Dubai? She was probably planning for it to be a business trip…

            Dubai reminds me of the Hunter S. Thompson comment regarding Las Vegas, “what the world would look like if the Nazis had won WWII.”

        • Jarek March 13, 2023 at 1:52 pm #

          No usury is unimaginable to most here. Making money is the height of morality! Who is interested in no interest?

          Of course people are interested in how well their investments do. If the company goes under, they lose too. Somehow they believe that the Banks shouldn’t be under the same restrictions.

          The power of programming. The masters run rings around those with lower verbal intelligence, defining words to mean their opposite. As Confucius said, the rectification of names is the first step in reform.

          • The Man They Call Zazelle March 13, 2023 at 2:26 pm #

            I’m more or less inclined to be with you there, Jarek, despite your apparent preference for macho crackers.

          • Jarek March 13, 2023 at 2:32 pm #

            You really are a fine chap. Did you give any more thought to the rights of Whites and Carib Indians (and anyone else) to have their own nations?

            I assume you believe that the Burmese Buddhists have the right to drive the Bangladeshi Muslim “workers” into the sea – given the pernicious nature of Islam. They had already started raping women and setting meditating monks on fire, you know.

            What pos invited those people in? Are you going to let your Marxist mania anent “workers” get in the way of your anarchist principles?

            I hope not.

          • The Man They Call Zazelle March 14, 2023 at 7:10 am #

            A Brief Disagreement

            youtu . be/9x7FGbW3IVc

  27. WadeWaters March 13, 2023 at 11:55 am #

    The Head of Financial Risk Management at Silicon Valley Bank was

    Jay Ersopah – a black, gay, immigrant diversity hire, What could

    possibly go wrong? Does your bank have a diversity hire assessing

    financial risk issues?

    • JohnAZ March 13, 2023 at 12:08 pm #

      Uh, huh. The Stupidification of the US strikes again.

      The Biden cabinet is just unbelievably incompetent.

    • BackRowHeckler March 13, 2023 at 12:13 pm #

      Was Jay a man or a woman? I think he started out as a man.

      Didn’t end up that way.

    • The Man They Call Zazelle March 13, 2023 at 12:15 pm #

      “Karine Jean-Pierre (born August 13, 1974) is a Martinican-born American political advisor who has served as the White House press secretary since May 13, 2022. She is the first Black person and the first openly LGBT person to serve in the position.” ~ Wikipedia

    • MaryQueen March 13, 2023 at 12:41 pm #

      The only good thing about this recession is I’m reading that a LOT of Equity “officers” and “directors” are getting laid off. For the obvious reason: They really are superficial and not essential, not even close.

      Just the title “Equity Officer” brings to mind someone who enforces equity, like a hard and fast law. And prosecutes anyone who doesn’t kow-tow to its tenets.

      Glad to see them get the boot. Another useless college major or probably master’s degree.

      • BackRowHeckler March 13, 2023 at 1:12 pm #

        Equity officers & directors, pretty much the whole Executive staff then.

        • MaryQueen March 13, 2023 at 1:23 pm #

          At this point, yes. LOL. The black Equity Director at the college I used to work at worked directly under the president. He was also a do-nothing egotistical asshole. He left after he published a couple books on equity and inclusion. And he was married to a white woman – which was always pretty funny to me.

          • Jarek March 13, 2023 at 1:54 pm #

            Oh? You said before that you had never experienced any racism from Blacks despite working with thousands of them over the years.

    • malthuss March 13, 2023 at 2:30 pm #

      ersapah

      Jay Ersapah: Silicon Valley Bank risk assessment chief slammed for …
      1 day ago

      Ersapah, who comes from the UK where she studied an undergraduate Economics degree at the University of Warwick and was listed as a top 100 LGTBQ Future Leader in 2022, is ‘allies’ with gay rights charity Stonewall and has authored several articles to promote LGBTQ awareness like ‘Lesbian Visibility Day and Trans Awareness week.’

    • malthuss March 13, 2023 at 2:31 pm #

      not black, POC…asian? mid east?

      • WadeWaters March 13, 2023 at 3:56 pm #

        He black!

  28. BackRowHeckler March 13, 2023 at 12:07 pm #

    SVB was balls-in for ESG investing. If you read some of their advertising & press releases that’s all that mattered. And of course they promoted the LBGQT movement full tilt. Sure they brought the bank down, but these are virtuous people whose hearts were in the right place — they deserve to be bailed out, and then some!

  29. AlD666 March 13, 2023 at 12:15 pm #

    Ezra Pound was right about usury but also a bigot against Jews, which compromises his principle. You might be right, James, but only if the biggest banks invested as irresponsibly as these two did. I’m sorry to hear there’s a bailout underway; in my opinion, only funds protected by FDIC should be reimbursed. If otherwise, we’re rewarding the crumb bums. “Steal a little and they put you in jail / Steal a lot and they make you king.” Bob Dylan

    • SW March 13, 2023 at 12:24 pm #

      I agree. There’s no moral hazard for the top 1%.

    • JohnAZ March 13, 2023 at 12:35 pm #

      The FDIC is a relic from a time when the federal government was the fiscal powerhouse of the U.S. instead of its biggest debtor.

      Using US debt money to pay off bank debt is the pathway to bankruptcy.

      Stand by for June, reality may cancel out politics.

    • Jarek March 13, 2023 at 1:57 pm #

      Yeah, because Jews aren’t over-represented in banking or anything. Where did this brilliant man get such a crazy idea?

  30. Prospero March 13, 2023 at 12:26 pm #

    I live in the San Francisco Bay area, so the collapse of Silicone Valley Bank has created some major worries if all deposits over $250,000 are not insured by the FDIC. Now, many local companies have no money for payroll and operating expenses. Of course investors who didn’t get out in time will be wiped out, but it’s the part about the lucky few depositors I don’t understand. It is unclear to me how they got out.

    Just before SVB was shut down last Friday, there was a run on the bank where some depositors were able to withdraw all of their money that the bank held as a small fractional reserve. Once the cash reserve was depleted, the remainder of the SVB assets were in mountains of bonds which were bought at low interest rates and now worth far less than their purchase price and the bank’s stock was now worthless.

    So, let’s say I made it to SVB in time to withdraw all of my money. How would this money be delivered to me? As a suitcase full of cash? It looks like a SVB cashiers check would be worthless. Maybe I could write a check to myself and deposit it into another bank, hoping it would clear before SVB failed. Or maybe I could try an electronic transfer that wouldn’t stay pending too long. So, how did the lucky few SVB depositors get out in time and what did they then do with their money?

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    • MaryQueen March 13, 2023 at 12:43 pm #

      Good questions. I’m not rich enough to know how any of that works, but I have to wonder at them actually giving anyone with a lot of money in there ALL of it.

      • Prospero March 13, 2023 at 10:53 pm #

        MaryQueen, thank you for your observation. I agree, getting ALL of their $250,000 at once seems unlikely.

    • Islander March 13, 2023 at 3:17 pm #

      “major worries if all deposits over $250,000 are not insured by the FDIC. Now, many local companies have no money for payroll and operating expenses. ”

      Hmm.
      From the FDIC website:

      “Depositors should note that federal law **expressly limits the amount of insurance the FDIC can pay*** to depositors when an insured bank fails, and no representation made by any person or organization can either increase or modify that amount.”

      That amount is $250,000. Presumably this amount reflects a calculation of risk that the FDIC can take.

      ” The standard deposit insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.

      The FDIC insures deposits that a person holds in one insured bank separately from any deposits that the person owns in another separately chartered insured bank. For example, if a person has a certificate of deposit at Bank A and has a certificate of deposit at Bank B, the amounts would each be insured separately up to $250,000. Funds deposited in separate branches of the same insured bank are not separately insured. . . . ”

      I believe the FDIC was designed to protect savers and small depositors. Not large businesses. If large entities want to be covered they must spread out their funds among different banks or else just choose their bank wisely . . .

      • Prospero March 13, 2023 at 11:14 pm #

        Islander, I just replied to MaryQueen and noticed my mistake. My assumption was that depositors with more than $250,000 were somehow able to grab everything, maybe millions of uninsured dollars before SVB collapsed on Friday. Of course the FDIC will make good on $250,000, so I assumed that those who got out in time were able to escape with much more. As she said, there were probably limits on the amount on these withdrawals.

        Anyway, I checked with my Chase advisor. It looks like the $250,000 FDIC protection per depositer is subject to certain classifications. For example, I have a Chase CD of $100,000. However, because I have a POD beneficiary, this CD is now classified as a joint account that is insurred by the FDIC for $500,000. This would separate this CD from my personal accounts. I’m going to do more research on this before I fully accept this information.

        • GreenAlba March 14, 2023 at 9:33 am #

          I don’t have any faith in these insurance schemes. Ours is much less generous and covers you for about £85k in any one institition. But if everything goes belly up, it seems to me that what you’ll get – if you even get that – is an IOU that you can leave to your children and they can leave to theirs. At least until the ‘you will own nothing’ show comes to town – then you can use your IOU as toilet paper.

        • Islander March 14, 2023 at 10:22 am #

          The FDIC site is quite specific as to what types of accounts are covered.

          But of course there may be more to it than that list.

          Howver, checking accounts, CDs etc are in that list. However, the $250,000 limit covers only all accounts at one bank.

          Family members are included but not others. However, I believe that the 250 limit still applies . . .

          Savings banks have other insurance schemes that cover the whole amount deposited.

          As to how well these schemes work in reality—I hope we don’t have to find out!!!!

          • Prospero March 14, 2023 at 11:33 am #

            I just found this on the FDIC website:

            Q: Can I have more than $250,000 of deposit insurance coverage at one FDIC-insured bank?

            A: Yes. The FDIC insures deposits according to the ownership category in which the funds are insured and how the accounts are titled. The standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category.

            Deposits held in different ownership categories are separately insured, up to at least $250,000, even if held at the same bank. For example, a revocable trust account (including living trusts and informal revocable trusts commonly referred to as payable on death (POD) accounts) with one owner naming three unique beneficiaries can be insured up to $750,000.

  31. CrusherMuldoon March 13, 2023 at 12:48 pm #

    Just the fact that people who had over the stated FDIC insurred amount are going to be paid in full is just another sign that all rules are only being inforced wqith a wink and a nod. Like Jim Morrison said: “The time for hesitation is through” The “American Dream,” should now be labeled “The Rocky Horror Picture Show.”

  32. MaryQueen March 13, 2023 at 12:52 pm #

    Thank you for today’s essay, Jim.

    Another great one! Plus lots of laughs (which we need). Paragraph 3 is a hoot all the way through, esp. the last line: “But now a klaxon blares, signaling the end of dream-time, and the nation wakes up in a ramshackle house with the floor giving way under the bed.”

    We live in The Truman Show but the walls are starting to crumble, revealing the real world beyond.

    Most probably aren’t prepared to see it.

  33. Breck March 13, 2023 at 1:28 pm #

    Jim,

    Thank you so much for your brief, to-the-point, lucid, and accurate explanation of the bond market and its connection with our current banking/finance system.

    There are many (some right here) who confuse capitalism with the kind of financial chicanery you explained. When, in fact, capitalism is extremely simple to understand if one does not start from a point of mis-education, of the kind promoted in our schools in recent decades.

    Just to be absolutely clear: capitalism is nothing more (or less) than common human nature. It is human nature to want to have the proceeds of one’s labor. That is capitalism. Period.

    Now, socialism is a whole different creature. It can best be explained, again succinctly, via the late Margaret Thatcher’s observation that, ‘The trouble with socialism is that eventually you run out of other people’s money’.

    However, what we have here is neither. It’s just out and out racketeering and piratical rapine. Otherwise known as THEFT.

    • Jarek March 13, 2023 at 2:01 pm #

      It’s one system, heads and tails. The Bankers don’t depend on other people’s “money” – they create it out of thin air. They rely on us believing in it. And with that belief, they get real labor, capital, and property. Of course if they print too much, the laws of money come into play. They have to manage the game and the herd wisely – until they take full control.

      Who funded Communism? Revolutions take a lot of money, you know.

      Guess.

      • Socrates-Detroit March 13, 2023 at 5:50 pm #

        A fellow named Bernard Baruch? Is that it Jarek? Big banker, perhaps he was the conduit.

        “Anglo/American big money” underwrote Communism.

        And “Western big money” was a lifeline to the floundering USSR in the 1920s and 1930s, even as Stalin’s policies led to starvation and the deaths of millions.

        The USSR was a useful enemy to help create a permanent large standing military in the US, to increase defense spending, borrow more money, inflate the currency, and generally corrode America’s foundation.

        Mission accomplished, and then the USSR imploded upon itself, leavinig the people there in even worse shape.

        Yet somehow, miraculously, the Russian part survived. And now, having jettisoned the fake (western) Communism, they have a system that seems to be working for them–and is also free of globalist/dollar control. The latter is the unforgiveable sin, in the eyes of the godless bankers and big capital–the very same people who gave us the plandemic and mRNA shots, and cartel capitalism that has hollowed out the middle class in the US.

        THAT is why they want Russia destroyed.

        That is why every one here should be rootin’ for Putin!

        • Jarek March 13, 2023 at 6:05 pm #

          Yes, Putin pretended to go along with them and then betrayed them. Can DeSantis do the same? Will he? I wouldn’t bet on it.

          Russia is Fascist. So is America First. Russia first in other words. Fascism works fine as long as you don’t have other races since Fascism doesn’t deal with race. Both Russia and the United States are full of alien peoples so it can’t work long term either here or there.

          But National Socialism is otherwise, O My Brothers….

        • Q. Shtik March 13, 2023 at 11:54 pm #

          and cartel capitalism that has hollowed out the middle class in the US. – Soc-Det

          ==========

          What the fuck does ^this^ mean?

          • Socrates-Detroit March 14, 2023 at 11:40 am #

            It means this: If things are working fairly well, and in balance, the US economy would grow 2-3% per year.

            That is harder to achieve than is sounds. It is easy for gov’t to screw it up with bad policy. But let’s go with that 2-3% per year.

            Big capital already owns or controls the lion’s share of US assets. Always has, and always will.

            But they want more. The elites have always wanted it ALL. First it was the Council on Foreign Relations. Then the Trilateral Commission. Today, the WEF embodies the elitist desire for one-world government on the surface, with the elites using financia manipulation to attain world domination.

            Let’s go back to the US elites/big capital.

            For them increase their wealth 5% a year, the vast majority, on average, can only grow a little, if at all: maybe 1% growth, maybe NO growth, maybe -1%, in overall aggregate terms.

            Numbers are hard things.

            In an earlier, simpler time, some of the tricks of doing this were inflation (because the insiders got the fiat money first, when it was worth more; because they planned the inflation and could adopt strategies to beat it); income taxes, because the wealthy and powerful and connected had legal means of avoiding them that the masses did not; and outright legal barriers to entering lucrative businesses; and of course, war, the big one. Hot or COLD. The Cold War was a great vehicle for transferring wealth out of middle, working America, to the elite, as is the current fiasco in Ukraine, and Cold War 2 with the “non-West” which is opening now, right in front of us.

            From 1890 to 1960, that sums it up, as far as the USA goes. No other nation had the capacity to generate wealth, to “grow the pie” as much as America. JFK’s end happens to coincide with the end of that era.

            As the rest world caught up, that started to change. And other places, first Europe, then Japan became attractive places for US investment. But Europe was not that much more profitable than the US, and the Japanese carefully controlled what the US could get.

            However, starting the late 1970s, and taking off from 1980 to 2019, Asia became a great alternative. First Korea and Taiwan, then China, then India, Vietnam and more became able to make things, then big capital outsourced big time.

            And now America cannot make enough “stuff” to meet domestic requirements. People who worked in factories making useful stuff, not glamorous jobs, but necessary jobs performing useful work (we WORK to live, not to “self-actualize”. That is all BS fed to white-collar workers in an effort to control them) that provided decent wages, which undergirded the US economy.

            Now many of the plants are gone. They took years, decades to build and refine before being closed and shipped overseas. The jobs in them are gone. And the toasters and sweatshirts and TVs and furniture and auto parts they produced must be imported.

            That is “hollowed out”. Being unable to provide for yourself today, when you could two generations ago.

      • Q. Shtik March 13, 2023 at 11:49 pm #

        OMG, Jar again with his “Who funded Communism?”

        • Jarek March 14, 2023 at 12:31 pm #

          Well? Or you don’t think it’s a legitimate question? If so, explain.

          Or are you admitting that the whole thing is just too big for you, beyond your ken and scope? The frog in the well cannot understand the ocean, and he doesn’t like the idea of it either.

    • Disaffected March 13, 2023 at 4:18 pm #

      Now, socialism is a whole different creature. It can best be explained, again succinctly, via the late Margaret Thatcher’s observation that, ‘The trouble with socialism is that eventually you run out of other people’s money’.

      Funny you should say that, since bank failures are by definition “running out of other people’s money.” Are they then by definition “socialist?”

      And if capitalism was all about people “having the proceeds of their labor,” the capitalists wouldn’t be so rich and the laborers so poor. It would appear you’ve been misinformed.

      As for theft, that’s not ideological whatsoever. Thieves come in all shapes, forms, and ideologies.

      • Mac March 13, 2023 at 6:14 pm #

        D- You are conflating the activities of banks with the activities of government in the process of running out of money. And laborers are free to start their own companies and become “thieving” capitalists, employing other laborers voluntarily. Modern fractional reserve bankers are not capitalists; the are cronyists.

        • Disaffected March 13, 2023 at 6:57 pm #

          Trouble is, banks actually create most of the “money,” by making loans. Credit most laborers for not desiring to become thieves themselves, especially at the small business level. All of the accomplished thieves have long since moved onto the corporate world, which also effectively owns the government. So railing about “the gubmint” is actually railing about the joint public/private sphere, which have long since merged for the worse.

  34. jim e March 13, 2023 at 1:36 pm #

    broke-down Palace

    Fare you well, my money
    Fare you well my only true one
    All the birds that were singing
    Are flown except you alone

    • malthuss March 13, 2023 at 2:33 pm #

      o please..having spent time with a founding member of the deads child…grateful dad not.

      those guys were brilliant but a mess.

      Read Bill Kreuztmans book…dirty old man.
      and themoney wasnt there till lateful dead.

      • jim e March 13, 2023 at 3:53 pm #

        The Encore on this day 38 years ago was Brokendown Palace written by Robert and Jerome

        BERKELEY COMMUNITY THEATRE – MARCH 13, 1985

        Jack Straw
        Althea
        Mama Tried
        Mexicali Blues
        Friend of the Devil
        New Minglewood Blues
        Deal

        Music Never Stopped
        Franklin’s Tower
        Estimated Prophet
        Spoonful
        drums
        Ollin Arrageed
        Man Smart/Woman Smarter
        Black Peter
        Good Lovin’

        Brokedown Palace

  35. WadeWaters March 13, 2023 at 1:40 pm #

    The Oscars was on last night!

    I did not know that! I did not know that!

    (Doing my best Johnny Carson impression.

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    • Amman March 13, 2023 at 2:09 pm #

      I had NO IDEA and I’m on and off in the business.

      Michelle Yeoh won one – She of Crouching Dragon Hidden Dragon. ; )

    • Rowdypiglet March 13, 2023 at 2:56 pm #

      @Beryl of Oyl, Off topic but I hunted this link out for you because you were interested in looking further into the trans/porn industry and how they are linked. I guarantee you’ll be astonished by what’s in this substack in which all the seemingly disparate threads are neatly connected.

      hxxps://rwilson.substack.com/p/mk-ultra-transgenderism-and-feminization

      • Beryl of Oyl March 13, 2023 at 3:48 pm #

        Wow it gets bigger and bigger. Thanks.

      • MaryQueen March 13, 2023 at 3:54 pm #

        That’s great, thanks.

        Here’s a site devoted to combatting it:

        https://www.culturereframed.org/our-work/

        • Rowdypiglet March 14, 2023 at 11:34 am #

          Thanks, MaryQ and Beryl, I’ve been following this topic for a while now and the rabbit hole just gets deeper. At first I thought it was just another example of depraved behavior in pursuit of money, but it looks more and more like a carefully thought out plan that fits neatly into a corner of a larger plan. The fact that the techniques of Neurolinguistic Programming are in use is a sure indication that it’s both deliberate and diabolically clever.

      • SW March 13, 2023 at 7:53 pm #

        I read the article you poster for Beryl and it’s certainly chilling. Anything that encourages people to view themselves and their bodies as if they’re “things” to be sold, carved-up, hypnotized or used to act out a fantasy (theirs or someone else’s) has lost control of their lives and their ability to think. The ones who profit by their confusion are IMO sociopaths ready to exploit every weakness. They’re exploiting people who have never had boundaries or any idea of what’s right or wrong — it’s all “relative.”

        This is what happens when parents are no longer adults and have lost all authority to exercise common sense or model it for their kids. These trans kids are lost in the fantasy world of Disney (when you wish upon a star, makes no difference who you are, anything your heart desires will come to you), Oprah’s faux spiritual nonsense, and books like The Secret.

  36. Amman March 13, 2023 at 2:00 pm #

    Still working on mysteries without any clues. – LIFE, 2023

  37. amb March 13, 2023 at 2:06 pm #

    We have all of this evil boiling up in every nook and cranny of our fascist government, as well as in banking, healthcare, education, etc. We’ve been aware of all of the evil and destructive atrocities perpetrated by these bad actors. One of the latest… Big Pharma puts out the toxic mRNA, cancer spikes throughout the nation, and now they are putting out a whole slew of new cancer drugs, as if they haven’t had enough profit, and now they’ll be stronger than they ever were to control, manipulate, pay fines, etc. They won’t stop.

    We witness the death and destruction these people cause, untold waste of $ that could be put to real use to improve conditions, etc. How these 535 useless, overpaid idiots (Congress) do nothing but make our lives more and more miserable. Not to mention the Administrative/Deep State. Goverment has now been bloated to 20X the size it should be.

    People just don’t seem to get it that this government is their worst enemy, THE arch enemy.

    It’s so insane that we just sit passively watching our lives, our government and our country completly collapse.

    I keep wondering: where are the torches and pitchforks? where are the hangings/guillotines? where are the vigilantes? Are we all frogs in a pot, and the end has already come?

    • Amman March 13, 2023 at 2:32 pm #

      4th turnings are about Destruction and Re-Birth.

      Wade away from the Destruction and go to a (is)land of Re-Birth. JHK’s “World made by Hand” is one model of a Re-Birth

      It looks like the citizenry is targeted in western Europe and stateside but not in Africa, Asia, Eastern/Central Europe or the Islamic-Arab World.

      Here’s a good motto: “If you save one life, it will be as though you saved all mankind.”

      Might be a good idea to ditch and wave away the pitchfork (destruction).

      • Night Owl March 13, 2023 at 3:08 pm #

        They are killing off half of the West and bringing the third world in to replace them, as poorly educated, desperate people are needed for the digital plantation of the future.

        Those third-worlders not brought in will continue to be starved to death and the rest depopulated by Billy Goats and his vaccines.

        • Disaffected March 13, 2023 at 9:45 pm #

          That’s good. Unfortunately, “half of the west” (actually MOST of the west) never realized that they too were “third worlders” in the first place. It’s all a matter of perspective.

        • Amman March 14, 2023 at 3:41 pm #

          In early 2020, I spoke to an elderly third world cab driver and mentioned the vaccine noise looked like a world depop agenda to some people. He was genuinely shocked.

          All he said was that the good Lord would not be absent in retribution. He was so sure… you see.

      • Woodchuck March 13, 2023 at 3:16 pm #

        Yeah, a world where we do things by hand is coming soon. Such as washing clothing in tubs by hand. Or heating one’s home by hand – with wood you’ve cut, spit, and stacked all by yourself – by hand. No Asian clothing available in stores? Great! Go to Walmart, if there are any left, and purchase rolls of cloth so you can make your own clothing – by hand! My mom and some of her peers in the 50’s did this, but they purchased supplies from special stores that had racks full of patterns, cloth, and thread etc. No Walmart in the 50’s, just local stores. Car won’t run? Not enough money to hire a mechanic? You fix it yourself with your own hands, or you ride a bicycle. Your choice. Too broke to hire landscapers that run the big fuel hungry zero turn mowers? Go get yourself a sickle or scythe and mow by hand! Too broke to go to restaurants? Roll up your sleves and use your own hands to cook at home. I could keep going for a long time with this.

        Welcome to a world made by hand – y’all are gonn love it. And forget about watching tv or other entertainments – you’ll be way too busy for that.

        • jim e March 13, 2023 at 8:37 pm #

          The Conclusion in Candide
          He is reunited with Cunégonde. And Pangloss, of course, is just as annoying to the reader as ever, but Candide is happy to see him and to find him well. The little troupe of characters settles on a farm, where everyone does work to which he or she is suited, and life goes on.

          • Amman March 15, 2023 at 9:55 am #

            They win.

            Xhttps://tinyurl.com/338t4anc

  38. amb March 13, 2023 at 2:12 pm #

    Continued…

    Forgot to make my main point…

    If these groups would get out of our way, leave us alone, etc. If we just got rid of them, we’d have a bustling, robust economy and could sort out our own problems.

    I’ve labeled this matrix of incompetent and evil people PUBLIC ENEMY #1. They are my enemy. And I’d do anything to be able to annihilate all of them, and open the door to a chance of regaining life and freedom.

  39. Ulpian March 13, 2023 at 2:17 pm #

    A brilliant explanation of our present and continuing predicament. I’m comforted by the fact that some of my oldest friends have decided to die recently, which isn’t such a distressing situation as it might have been once upon a time.

    • Paula D March 14, 2023 at 2:34 pm #

      That’s how I’m starting to feel. At least they are missing the starving to death part.
      Or maybe the nuclear war part.

  40. mgaguy March 13, 2023 at 2:23 pm #

    What about Trump signing in a bill in 2018 that undid banking reforms? Biden is a war whore, but Trump was a whore for big business.

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    • Mick March 13, 2023 at 4:43 pm #

      Only whores are allowed to live in the WH as four to eight year residents.

      • jim e March 13, 2023 at 8:31 pm #

        ? “The Glass-Steagall Act was repealed in 1999 amid long-standing concern that the limitations it imposed on the banking sector were unhealthy and that allowing banks to diversify would actually reduce risk.”

        • Paula D March 14, 2023 at 2:34 pm #

          They didn’t start lying in 2016, obviously.

  41. Jarek March 13, 2023 at 2:26 pm #

    Support The Proposed 28th Amendment To The Constitution Of The Once United States
    BY BRIGGS ON MARCH 13, 2023 • ( 9 COMMENTS )
    The rumors are true. There is a move afoot to adopt a new Amendment to the Constitution of the once United States. The 28th, named Restoring Voting Sanity.

    The text is making the rounds: here it is.

    28th Amendment
    Restoring Voting Sanity

    Section 1
    The seventeenth article of amendment to the Constitution of the United States is hereby repealed.

    Section 2
    The nineteenth article of amendment to the Constitution of the United States is hereby repealed.

    Section 3
    The twenty sixth article of amendment to the Constitution of the United States is hereby repealed.

    Section 4
    Only those men in natural undissolved original marriages and only those blessed with natural issue shall be eligible to vote in any election in the States, territories, or possessions of the United States.

    Section 5
    This article shall be inoperative unless it shall have been ratified as an amendment to the Constitution by conventions in the several States, as provided in the Constitution, within seven years from the date of the submission hereof to the States by the Congress.

    Reminder that the 17th Amendment allowed for the direct election of Senators. The 19th Amendment allowed females to vote. And the 26th Amendment extended the voting franchise to 18 year olds.

    There is ample precedent for the repeal of Constitutional Amendments. The 21st Amendment repealed the hersterical Safety First! matriarchal effeminate 18th Amendment, which, you recall, banned wine, beer, and liquor. Banned wine, beer, and liquor! It can be no surprise, and it is no coincidence, that the first Amendment after the monumentally farcical 18th came the passing of the 19th Amendment.

    So it is no trouble to repeal harmful or foolish Amendments.

    That the Senate no longer functions, or even resembles functioning, as a sort of aristocratic debate hall is in dispute by no one. There was never a good reason to have direct elections, as in the House. The inevitable coarsening of debate, and indeed leading to its very absence, has occurred. Return to having the Senate raised by their peers.

    The experiment having 18, 19, and 20 year olds voting has provided more than sufficient evidence that this was a bad idea. I mean, have you ever seen or interacted with college students (outside enclaves like Hillsdale or St Thomas Aquinas)? The presence of rare exceptions does not justify wholesale enfranchisement. Require maturity again.

    And so to the 19th. May I quote to you Michelle Obama herself on this important subject? As this hopeful, some say, presidential candidate said of watching the inauguration of Donald Trump, “I cried for 30 minutes straight, uncontrollable sobbing”.

    Uncontrollable is that which cannot be controlled.

    Obama went on to say, “there was no diversity, there was no color on that stage”. Both false claims. Perhaps the uncontrollable crying led to partial blinding.

    Need I point out that a leader who reacts to a mundane event with uncontrollable crying is not fit to serve?

    Women’s natural compassion and emphasis on feeling are perfect and ideal fits inside families. But outside, it leads to things like this. The balance toward feelings has already progressed too far. Reclaim calm rationality.

    Now, we are stuck living in an “our democracy”, a form of government in which it is believed that right and wrong can be put to vote, that Reality itself can be made illegal, or redefined, by a vote. This is not wise nor sane, yet we are, at least for now, stuck with it. One goal of this Amendment is to lessen egregious harms resulting from such a system.

    This is why this Amendment contains the idea of interest. Those with children naturally have a greater, even vastly greater, interest in the future state of the nation than those without. Limiting voting to male heads of households strengthens the interest of the future state. It ensures a natural, small-c conservativism, and reduces the chances of wild swings of policy. Reduces, I say. Not eliminates. But that small-c conservatism would result is obvious. Reclaim the future.

    To those who say this Amendment is unfair. So? To those who say is discriminates. So? To those who say this Amendment is “racist”, “sexist”, “homophobic”, or any of a score of judgmental terms. I say, and say again, So?

    Pass on the text to your Congresscreatures, if they haven’t already seen it. Let’s get this Amendment adopted!

    James (I think – never heard of him before)Briggs

    Jarek: Good idea. Add it on to the requirement of service to nation, knowledge of history and current events, and ability to reason (IQ test).

    But, but, but it would to exclude me as a single man. I’d be fine with that as long as the nation was being run by sane men of superior IQ. Character matters and part of that is having skin in the game for most. If they need that criterion to exclude people and I got excluded too – again, fine.

    He knows it’s just a lark or larp at this point, obviously. As Barnhardt says, it’s for after the War. But ideas matter. Why wait until after the collapse and civil war to start thinking about what we need and want in America 2.0?

    • Woodchuck March 13, 2023 at 3:23 pm #

      Voting means absolutely nothing if the voter is ill-informed, uneducated, or brainwashed. All that will happen from that is you have idiots voting and as a result – idiots managing the country. That’s why the average lifespan of a republic is around 250 years. We’re already just about past our expiration date.

    • Hereward the Woke March 13, 2023 at 4:19 pm #

      Why do you reply to your own comments? Is it because no-one else does?

      • Jarek March 13, 2023 at 6:10 pm #

        If you had bothered to read it, you would know I hadn’t written it. For an educated man, you have very little interest in learning.

    • Mac March 13, 2023 at 6:24 pm #

      Limiting the vote to property owners, term limits, and repealing the 17th Amendment would accomplish much. Having kids certainly makes one more thoughtful about the future, thought I’m not sure I would limit the vote to parents.

      • gustafson.robert.22 March 13, 2023 at 8:11 pm #

        I don’t like the parent or marriage requirements at all. Seems infantile, honestly. Make main requirements financial, like it was originally. Deadbeat, lazy baby producers (yes, many are married)… no.

      • Jarek March 13, 2023 at 8:46 pm #

        It certainly can’t be the only thing. Most guys with kids are dummies. And most really smart men aren’t going to marry now, given the way women are and the law is.

        But after the Fall, when marriage is sane again, perhaps – but only with other provisions.

        I’d say financial solvency, yes. Owning property, no. That was the big original one, along with being a man and being a citizen. We’re losing even being a citizen, lol.

      • Q. Shtik March 14, 2023 at 12:18 am #

        thought I’m not sure I would limit the vote to parents. – Mac

        ========

        Though, through and thought are 3 of the most confused words in the English language. The one above is not the first today.

        • MaryQueen March 14, 2023 at 10:36 am #

          It’s obviously a typo, not a confusion.

          Sheesh.

        • SpeedyBB March 15, 2023 at 6:43 pm #

          What gets me, Q, is how a back-formation or other ignorant usage gets hammered by enough people for enough years and then becomes “accepted usage”.

          “Orientate.” How that always annoyed me. Dictionary gave up and said “Fine, go ahead and use it.” I lost another battle.

          Now it’s items like the confusion between “forcefully” and “forcibly”, with the former mistakenly used for the latter: “The Defendent was forcefully removed from the courtroom.”

          I spot these clinkers in news stories that somebody got paid good money to write. And when I attempt to point out the sloppiness, I am ignored.

          “Whatever.”

  42. MaryQueen March 13, 2023 at 2:40 pm #

    Tweet by Greta Thunberg @GretaThunberg
    12:18 PM – 6/21/18

    “A top climate scientist is warning that climate change will wipe out all of humanity unless we stop using fossil fuels over the next five years.”

    *THIS TWEET HAS BEEN DELETED*

    Al Gore said in his movie we had 10 years, that was in what, 2005?

    Both are trotting around the globe in private planes.

    Who is actually fooled by these numpties? Besides K-chien, I mean.

    • Jarek March 13, 2023 at 2:44 pm #

      I thought it said “This Twerp has been deleted”.

      I wish no harm for poor Greta. She needs a pony to ride. Perhaps the bridle cold be put on her when not on the pony. If she behaves herself, she could get chocolate.

    • Night Owl March 13, 2023 at 3:05 pm #

      https://tse3.mm.bing.net/th?id=OIP.RtJuVfnGjzRk2aggAo6e_QHaFf

      The best part is that the McMedia actually “fact checked” this photo to let us all know it was doctored fake news.

      😀

      • MaryQueen March 13, 2023 at 3:44 pm #

        Hilarious!!

      • Amman March 13, 2023 at 4:10 pm #

        Lil Miss Oink.

      • Blackbird March 13, 2023 at 8:47 pm #

        If only Kermit hadn’t consistently rebuffed Miss Piggy’s amorous advances…

        Hell hath no fury…

      • SpeedyBB March 15, 2023 at 6:51 pm #

        She is such an easy target. It’s almost pathetic, like shooting fish in a barrel.

    • Mick March 13, 2023 at 4:46 pm #

      Don’t forget that K-chien’s name is ‘green’. Click on it for enlightenment!

      • Jarek March 13, 2023 at 9:11 pm #

        Black is beautiful but green is better.

        Father Divine

        Dollars want me – old prosperity mantra to be repeated again and again.

        I have presumed – female poster when she realized that she couldn’t just cry intellectual rape and have me kicked off the site.

    • Mac March 13, 2023 at 6:26 pm #

      Florida was supposed to be under water by now.

      • Night Owl March 13, 2023 at 6:56 pm #

        Plymouth Rock, too.

        😀

      • Jarek March 13, 2023 at 9:13 pm #

        It is under water – invisibly. Just as Christ came back invisibly in 1913 according to the Millerites.

        Read “When Prophecy Fails”.

    • Woodchuck March 13, 2023 at 10:17 pm #

      “Who is actually fooled by these numpties? Besides K-chien, I mean.”

      Lots of people are still fooled. I’m certain there are still people at this very moment trapped under record breaking massive amounts of snow in the Sierras, shivering in the dark without food and freezing – yet at the same time still all worried about global warming. Following the leftist playbook has disconnected them completely from the real world.

    • Q. Shtik March 14, 2023 at 12:31 am #

      Greta Thunberg – MQ

      ==========

      A week or so ago ^this^ girl/young woman’s name was the answer to a Jeopardy clue. The contestant answered Greta Thunberg, pronouncing Thun as rhyming with bun.

      “No, wrong”, said the moderator, Mayim Bialik, it’s Greta Thunberg where Thun rhymes with toon.

      I had no idea.

      I never knew Jeopardy to penalize for pronunciation.

  43. Roundball Shaman March 13, 2023 at 2:41 pm #

    “Money is all theoretical… until it’s not.”

    Money IS all theoretical, period. A sometimes pleasant and often unpleasant made-up myth that we participate in. An odd delusion that allows for ease of commerce. But money always remains… an actual conspiracy theory (as opposed to ‘Conspiracy Theories’ which are in fact the bedrock truth many times).

    What’s not ‘money-theoretical’ is trading value for value. I give you ten chickens for two hogs. Chickens and hogs have value. And lots of other stuff, too. But since carrying chickens and hogs around isn’t fun for most people… we walked into this system of made-up ‘money’ which these days is mostly conjured from thin air by money fakers that have been sanctioned by ‘Law’… as comical as that utter nonsense appears to be.

    Today we have groups (bankers/banksters) who are allowed to do any kind of stupid damn reckless thing with ‘money’… and then they are made whole by the Feral Money Fakers or by the sad-sack American Taxpayer. And then we have the much larger group of the American People who aren’t allowed to conjure and fake the vaporous stuff and who are shut out from enriching themselves from incompetence and fraud as certain other entitled groups in the Country are allowed to do. And it’s all ‘Legal!’ Weee!

    “Oh, and then there’s Ukraine….”

    Talk about another ‘Money’ rat-hole.

    Ross Perot would no doubt say about that cursed place of installed grifters…

    ‘Do You Hear That Giant Sucking Sound? There goes more of your ‘Money’, Suckers!’

    And then we have…

    “When Black Friday comes
    I’ll stand down by the door
    And catch the grey men when they
    Dive from the fourteenth floor
    When Black Friday falls
    You know it’s got to be
    Don’t let it fall on me.”

    (Walter Becker, Donald Fagen)

    • Jarek March 13, 2023 at 2:49 pm #

      We need to install giant nets on all these tall bank buildings so the greys don’t kill themselves when they jump. They need to live and stand trial.

      • Disaffected March 13, 2023 at 7:02 pm #

        THEN we can throw them out of the tall buildings. I’d suggest no more than about 3-5 stories though. That way we’ll need to throw them out more than once to finish them off. We can even raffle off the rights give them the push.

        • Jarek March 13, 2023 at 8:48 pm #

          Or off really tall buildings, watch them bounce and then fall all the rest of the way. Maybe another net, so they bounce again. Enough time to place bets?

          • Disaffected March 13, 2023 at 9:38 pm #

            Kudos. Creative thinking right there. The possibilities are endless. Lots of money to made and viewers to be had here.

  44. malthuss March 13, 2023 at 2:49 pm #

    Jamie Lee Curtis says her daughter is transgender and she is … – CNN

    Jul 30, 2021Jamie Lee Curtis has revealed that her daughter, Ruby, is transgender. Dia Dipasupil/Getty Images CNN — Jamie Lee Curtis has proudly shared for the first time…….

    the buzz round tinsel town is Ms Jamie is a dyke or inter sex..I can not confirm or deny.

  45. Quixotic March 13, 2023 at 3:35 pm #

    How did these “Money Troubles” arise at this hot shot bank? Will anyone in Congress ask for an explanation before any bail out?

    Wait till Zelensky receives his next big payout and it comes in the form of a cashier’s check from SVB.

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    • Islander March 14, 2023 at 9:57 am #

      David Scott, at UK Column, provided a very clear explanation at yesterday’s UK Column news show. .

  46. BULLITT March 13, 2023 at 3:36 pm #

    So, another Build Back Better Day! I can’t wait for the bottom to drop out in the next couple of weeks and those who are responsible, and we all know who they are, are rounded up for a much-deserved firing squad. I can’t believe that those people who have a couple ounces of common sense are putting up with this fiasco!
    A respected law firm in Pittsburgh, PA reported this A.M. that at least 50,000 ballots were double counted in the 2020 election. We were taken folks.
    I live in Pennsylvania and I’m tired of Philadelphia and Pittsburgh telling me who won the election. Our absolutely lazy Republicans in this State do nothing but aid and abet.
    The courts are corrupt to add insult to injury.
    Sadly, there’s going to be some real suffering among those who don’t pay attention and trust the government. The fools in this Country voted these crooks in and now the only way to go is the 2nd amendment.
    Stay on your cell phone…sooner or later it will tell you the world is over as we knew it! Surprise, surprise, morons!

    • Amman March 13, 2023 at 4:03 pm #

      I thought we all knew it was already over. -__-

  47. Htruth March 13, 2023 at 4:23 pm #

    Jim Cramer Recommended Signature Bank: https://americanyellowvest.wordpress.com/2023/03/13/cramer-recommended-signature-bank/

    • Q. Shtik March 14, 2023 at 12:40 am #

      I clicked on the link’s start arrow but got no sound. Are you saying Cramer recommended this bank as a buy? What was his rationale?

      • MrMangoOnMyShoulder March 15, 2023 at 9:27 pm #

        Q:

        youtube.com/watch?v=3vkZMbTdV3Q

  48. K-Chien March 13, 2023 at 5:49 pm #

    John Law was one antecedent to the terror perhaps.

    France at twenty million had also reached carrying capacity and the rentier class could squeeze no more out without hell to pay.

    • Night Owl March 13, 2023 at 6:58 pm #

      Do us a favor and make a personal contribution to carrying capcity by removing your carbon footprint.

      It’s for the earth.

  49. MaryQueen March 13, 2023 at 5:51 pm #

    WATCH: Parents outraged after students mandated to watch drag performance, school doubles down

    https://www.libsoftiktok.com/p/watch-parents-outraged-after-students#play

    Not sure which bugs me more, that it was mandatory at 5PM or that kids were forced to listen to and watch absolute garbage.

    • Night Owl March 13, 2023 at 6:57 pm #

      This shit is beyond surreal.

    • MrMangoOnMyShoulder March 15, 2023 at 9:24 pm #

      What in the actual fuck.

  50. Islander March 13, 2023 at 7:46 pm #

    The UK Column has an excellent segment in today’s show on just what happened with the Silicon Valley Bank, and other banks

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    • Islander March 13, 2023 at 10:40 pm #

      I just got another communication from my other bank.

      Has anyone else here heard from his or her bank?

      • MaryQueen March 14, 2023 at 10:32 am #

        I am assuming this is not affecting credit unions. I use a credit union, and have not heard anything from them.

  51. BackRowHeckler March 13, 2023 at 8:19 pm #

    Another bank failure today ~ Signature Bank in NYC, described as the 3rd worst default in US history. About $200 million wiped out. No big deal, Biden assured us everything is under control. Now that a precedent has been set by guaranteeing all deposits will be made good, not just the limit of $250,000 protected by the FDIC, big depositors have nothing to worry about.

    • gustafson.robert.22 March 13, 2023 at 9:06 pm #

      Everything is fine.

    • MrMangoOnMyShoulder March 16, 2023 at 1:11 pm #

      $200 Billion

  52. KesaAnna March 13, 2023 at 9:15 pm #

    ” We need to install giant nets on all these tall bank buildings so the greys don’t kill themselves when they jump. They need to live and stand trial. ”

    * Sigh. *

    The Greys are the police.

    The Greys are the lawyers.

    The Greys are the Judges.

    The Greys are the paralegals .

    The Greys are the Legal secretaries.

    The Greys are the law library librarians.

    The Greys are the court stenographers.

    The Greys are the probation officers.

    The Greys are the correctional officers .

    I’m actually leaving out a hell of a lot of people here.

    The list gets too fucking long.

    And where would you get your jury pool by the way ?

    You have lived under Prohibition ( re – labelled ) now for over a hundred years , pissed away God only knows how many billions on the project , and still claim you have accomplished something / things are better than they were.

    You can deny that a court stenographer or a jury member is a Grey ,

    but it’s not really debatable that the outcome of a trial would be the EXACT SAME whether the jury was packed with Greys , or supposedly not – Greys .

    • Jarek March 13, 2023 at 9:28 pm #

      Those who are too good for this world inhabit some other.

      Sri Yukteshwar

      You want to go some place better post-mortem? Are you practicing jhana? Or at least going to Mass?

      Earth is in the middle, between the lower realms of hell being, ghosts, and animals and the realms of demi-gods, gods, and Brahmas or High Gods.

      • Q. Shtik March 14, 2023 at 12:50 am #

        You want to go some place better post-mortem? – Jarek

        =========

        Sorry to disappoint you Jar but nobody is going anywhere post-mortem. You get your three score and ten (or four score if your lucky) and then it’s all over. Stop wasting your time on fantasy.

        • Jarek March 14, 2023 at 1:04 am #

          You still haven’t done the research. The evidence for life after death is overwhelming. Sorry Ken “Meatbody”.

    • KesaAnna March 13, 2023 at 9:44 pm #

      Well …. but …. who wears grey flannel suits , or grey flannel skirts , anymore ?

      Next I expect to see the President of the United States in a T – shirt with a bone through his nose , and ten times more sanctimonious than when he bothered to dress up in something actually pretty.

    • Woodchuck March 13, 2023 at 10:03 pm #

      Greys? Up till now I assumed greys were a particular species of evil aliens. I also remember reading somewhere that the stories about people jumping from buildings after the onset of Great Depression version 1.0 were greatly exaggerated and that only one or two people ever actually did this after their stock portfolios went up in smoke.

      • KesaAnna March 13, 2023 at 10:30 pm #

        I ASSUMED that MAYBE it was a reference to the now ancient , ” Man in a grey flannel suit . ”

        Aliens ?

        I wouldn’t know.

        I have a keen interest in Egyptian and Mayan archeology , and where sci – fi is concerned , Warhammer 40K.

        But Graham Hancock – type stuff , at the least , boors the shit out of me.

  53. KesaAnna March 13, 2023 at 9:28 pm #

    Not really a Cyndi Lauper fan ,

    but one song could just as well be the national anthem .

    She said, I’m sorry, baby, I’m leaving you tonight
    I found someone new, he’s waitin’ in the car outside
    Ah honey, how could you do it
    We swore each other everlasting love
    She said, well yeah, I know, but when we did
    There was one thing we weren’t really thinking of and that’s money
    Money changes everything

    I said money, money changes everything
    We think we know what we’re doin’
    That don’t mean a thing
    It’s all in the past now
    Money changes everything

    They shake your hand and they smile
    And they buy you a drink
    They say, we’ll be your friends
    We’ll stick with you till the end
    Ah, but everybody’s only looking out for themselves
    And you say, well, who can you trust
    I’ll tell you, it’s just nobody else’s money
    Money changes everything

    I said money, money changes everything
    Ya think ya know what ya doin’
    We don’t hold the strings
    It’s all in the past now
    Money changes everything

    Yeah, yeah, yeah
    Money, Money changes everything
    I said money, money changes everything
    We think we know what we’re doing
    We don’t know a thing
    It’s all in the past now
    Money changes everything

    • Jarek March 13, 2023 at 9:31 pm #

      Yes. I can’t disagree at all. Such is woman. She must be controlled or civilization collapses. As Freud said, Civilization is dependent on the control of female sexuality.

      And prostitution is a relief valve on the pressure of male sexuality. And as such, of value according to luminaries like Augustine and Aquinas.

      • Woodchuck March 13, 2023 at 10:07 pm #

        Hey Jarek – stop being afraid of Lilith! As for relief valves, have you ever heard of masturbation? As it was explained in the film “The Right Stuff”, best results are accompanied by fantasization. And it won’t cost you a dime…..

      • KesaAnna March 13, 2023 at 10:22 pm #

        Well , the way I remember it Freud was a coke – snorting Jew , already on Country Club Row , who never the less wanted to be paid exorbitantly for a science that violates what should be the first rule of science ;

        Admit that you don’t fucking know , when you don’t fucking know.

        But he was successful . I have lost count of the number of college graduates who still haven’t noticed that he has been banished to the historical section of Introductory Psychology textbooks.

        • Jarek March 13, 2023 at 10:55 pm #

          Yeah, political correctness strikes again. C’mon Kesh, you’re better than this, at least sometimes.

        • Q. Shtik March 14, 2023 at 12:59 am #

          I for one have always been a great sceptic of psychiatry.

      • malthuss March 14, 2023 at 5:21 pm #

        I read some of her autobiography..she tells of her mom telling her to get that operation as a baby would get in the way of her career.

        some Italian? catholic mom.

    • Disaffected March 13, 2023 at 9:48 pm #

      KesaAnna delivers again! I’d say that’s pretty much the “human anthem” right now.

  54. Islander March 13, 2023 at 9:46 pm #

    Anthea:

    Queeny Series Zinnia is featured on the back cover of Johnny’s Seeds catalogue, just arrived.

    On p. 65 are more photos. Beautiful!

    Copy: “Stunning colors for market bouquets.”

    Copy for another large zinnia (Benary’s Giant Series (A)): “recommended by the Association of Specialty Cut Flower Growers. . . . ”

    This org. looks worth checking out:
    httpX://www.ascfg.org/2023-ascfg-farm-tours/

    • Anthea March 14, 2023 at 2:06 am #

      @ Islander:

      I got some of the Queeny Series from Johnny’s. I probably should have ordered all my flower seeds from Johnny’s. Great selection.

      Nikitovka has some good ones (I think). They have a Zinnia Scabiosa that looks nice. I have a tendency to pick up every packet of zinnia seeds that crosses my path.

      I did get several colors of strawflowers from Johnny’s.

  55. Q. Shtik March 13, 2023 at 9:50 pm #

    I have only read about half the comments but thus far there has been not one mention of the Oscars nor of the NCAA Playoff brackets. This surprises me.

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    • Woodchuck March 13, 2023 at 10:10 pm #

      Both the Oscars and NCAA are utterly irrelevant at the moment. We’ve all got much bigger issues to focus on right now. Stop watching tv, or better yet, trash the damn thing and don’t buy another one.

      • Q. Shtik March 14, 2023 at 1:04 am #

        I watch B-ball but I DO NOT watch the Oscars. The next day I ask my wife who/what won best picture… wanted to know if it was All Quiet on the Western Front which I judge to be possibly the best movie I have ever seen.

        • Blackbird March 14, 2023 at 2:21 pm #

          Hopefully the remake of All Quiet on the Western Front shows the heroic, overwhelming, and disproportionate contribution to the war effort made by People of Color, particularly twerking black drag queens.

          I’ve only seen the original, totally racist, version.

          • elysianfield March 14, 2023 at 8:29 pm #

            Q,
            Not on Netflix…but it was so enjoyable, I purchased the DVD,

        • elysianfield March 14, 2023 at 4:21 pm #

          “All Quiet on the Western Front which I judge to be possibly the best movie I have ever seen.”

          Q,
          It is obvious, then, that you have never seen “Smokin Aces”…

          • Q. Shtik March 14, 2023 at 6:43 pm #

            If it’s on Netflix I’ll check it out.

    • jim e March 14, 2023 at 12:10 am #

      Auburn will likely play Houston, a #1 seed, in their second game in Birmingham, in this years March Madness Tournament. Alabama is the overall #1 seed this year (first time ever and if Auburn had not made it to the Final four a few years ago, Alabama would not be as good as they are now).
      “Steel Sharpens Steel”

      • Q. Shtik March 14, 2023 at 1:07 am #

        Poor Rutgers has been relegated to the tournament for ‘also rans’ the NIT.

        • Disaffected March 14, 2023 at 11:33 am #

          Condolences!

  56. Jarek March 13, 2023 at 10:13 pm #

    By God We’ll Have Our Home Again

    When there’s nothing left but the fire in my chest and the air that fills my lungs
    I’ll hold my tears and trade my years for a glimpse at kingdom come
    On the other side of misery, there’s a world we long to see
    The strife we share will take us there to relief and sovereignty

    [Chorus]
    Oh, by God, we’ll have our home again!
    By God, we’ll have our home!
    By blood or sweat, we’ll get there yet
    By God, we’ll have our home!

    [Verse 2]
    In our own towns, we’re foreigners now; our names are spat and cursed!
    The headline smack of another attack; not the last and not the worst
    Oh, my fathers, they look down on me; I wonder what they feel
    To see their noble sons driven down beneath a cowards heel!

    [Chorus]
    Oh, by God, we’ll have our home again!
    By God, we’ll have our home!
    By blood or sweat, we’ll get there yet
    By God, we’ll have our home!

    [Verse 3]
    The road is dark; the way is lost; my eyes, they strain to see
    I struggle forth to find a friend to light the way for me
    Oh, brothers, can you hear my voice or am I all alone?
    If there’s no fire to guide my way, then I will start my own!

    [Chorus]
    Oh, by God, we’ll have our home again!
    By God, we’ll have our home!
    By blood or sweat, we’ll get there yet
    By God, we’ll have our home!

    [Chorus]
    Oh, by God, we’ll have our home again!
    By God, we’ll have our home!
    By blood or sweat, we’ll get there yet
    By God, we’ll have our home!
    America First!

    Jarek: Glory! Meanwhile Wokey asks why I comment on my comments. Because the above is my comment.

    Maybe Kesa can be made into an honorary Aryan. That’s better than being a chimp like Wokey.

  57. KesaAnna March 13, 2023 at 11:43 pm #

    The Oscars ?

    ” No Title of Nobility shall be granted by the United States ”

    Yeah.

    And , ” All animals are equal , but some are more equal than others. ”

    The NCAA playoffs ?

    Fuck , that’s even worse than the Oscars.

    Who the fuck can devote five or ten hours a day to practicing throwing a ball ?

    Certainly not anyone who is remotely representative of a trailer park.

    Unless you really do buy that “talent ” bullshit.

    Aryan Master Races , and not to mention a flat contradiction of the very Horatio Alger logic this circus is selling.

    If it’s talent , then you are wasting your fucking time working hard if you weren’t born in the right cradle.

    And if you were born in the right cradle , then there is nothing to brag about , nor wisdom to be shared here ,

    unless maybe you would have us believe that God consulted you about the Obstetric delivery bus route.

    I don’t dislike this circus because it is a circus run by fat cats for fat cats.

    It’s the players.

    Ten year olds who could spend five or ten hours practicing throwing a ball ,

    who at 20 years old pointedly leave out that particular and precise detail.

    On second thought , I do loathe it because it is a circus run by fat cats for fat cats.

    The “students ” , the university administrators , the multi – million dollar sponsors ,

    all the same fucking gang.

    ” People just don’t seem to get it that this government is their worst enemy, THE arch enemy. ”

    I disagree .

    See above.

    The people got exactly what they paid for.

    • Jarek March 14, 2023 at 12:55 am #

      Now notice your either/or mind. It has to be one or the other right?

      Wrong. Talent is necessary but not sufficient.

      No. Just stop there. If you move past what I just said you’ll move into error, emphasizing one to the exclusion of the other.

      Everyone in pro-Sports is talented. Equally? No. And they all work hard to manifest or develop their talent. Equally? No.

      Blacks are more gifted sprinters. There is nothing Whites can do to make up the gap. No amount of training. One lineage of East African Blacks are apparently the best distance men. Again, there is nothing Whites qua Whites can do unless we changed ourselves genetically to match them.

      Some say the Caucasians of North African might be the best middle distance men. But those cultures don’t emphasize sports, so the talent is neither developed nor displayed.

      The Tarahumara Indians of Mexico might be just as good at distance as the East Africans. But they don’t compete so we don’t know.

      • KesaAnna March 14, 2023 at 3:19 am #

        Perhaps it is a case of I wrote too much , and muddied the waters ?

        You could just as well have stopped at ;

        ” Who the fuck can devote five or ten hours a day to practicing throwing a ball ?

        Certainly not anyone who is remotely representative of a trailer park.”

        I don’t think that is an hard either / or.

        It is a statement I stand by 100% though.

        • Jarek March 14, 2023 at 12:35 pm #

          The mark of a great artist is knowing when to stop.

          Brevity is the soul of wit. Concision the soul of clarity.

          I agree. The ghettoes are funded in a way the trailer parks are not.

    • SoftStarLight March 14, 2023 at 2:02 am #

      Seems logical to me. Stop buying movie tickets or tickets to games if you are so tired of what is being manufactured. I really didn’t pay attention to the Oscars. I did see that Glenn Close didn’t present because she tested positive for covid. It is still a thing for them. Which was interesting in and of itself.

  58. KesaAnna March 14, 2023 at 12:10 am #

    ” The best part is that the McMedia actually “fact checked” this photo to let us all know it was doctored fake news. ”

    I suppose I really am a flake then , because it looks very fucking accurate to me.

    • Q. Shtik March 14, 2023 at 1:15 am #

      the McMedia actually “fact checked” this photo – Kesa

      ==========

      What photo? I don’t see no photo. (Pardon the double negative.)

      • SoftStarLight March 14, 2023 at 1:51 am #

        Lol oh Q. Of course you can’t see something you aren’t looking for. Click your magnifying glass and type the word photo in. It will bring you right to the photo in question. I’m personally dubious in regards to it. I’m noticing that maybe people are laughing a bit too hard because the object of their laughter is on a spectrum. Hopefully those clues will clue you in. 😉

        • KesaAnna March 14, 2023 at 2:21 am #

          I wasn’t strictly being literal anyway.

          The pic reminded me of my all time favorite motivational .

          At the top is written ; WHITE GIRL PROBLEMS

          in the middle is a picture of a 12 year old ( ? ) white girl with a look of utter anguish on her face , tears rolling down her face , $20K worth ( ? ) of braces I might add ,

          and written at the bottom ;

          STOLEN PONY.

          It doubles me up with laughter any time I think of it.

          Also there is a nostalgic component , it reminds me of jokes I used to hear a long time ago , like ,

          ” Socialism HAS arrived — for THEM ! ( ” Them ” being the top people in the party and the Stasi . )

          • Jarek March 14, 2023 at 1:02 pm #

            White tears, eh Kesa?

            The hatred of our Race is unending. Kesa doesn’t transcend this.

          • Blackbird March 14, 2023 at 2:08 pm #

            Dem white girls need summa dat Black Girl Magic that the brilliant Karen Decker (stunning and brave?) prescribed for the women of Afghanistan.

            Great Meteor, where are you?

          • Blackbird March 14, 2023 at 2:13 pm #

            Never had a pony stolen, have you?

            White girls, get off your high horses and ride a black man – or several.

          • Anthea March 14, 2023 at 4:05 pm #

            I’m not seeing how it is a mark of great privilege for a girl to have a pony. The people across the street from me have horses. The people who used to live next door had a couple of horses–with matching teenage girl. Some neighbors at my previous house had horses for their two teenage daughters. They used to ride over to our house and tie the horses up to a tree in the front yard. None of these people were rich.

            I would be pretty upset if someone stole my dog.

          • Blackbird March 14, 2023 at 4:44 pm #

            Horses: how we will travel long distances in the future.

          • SoftStarLight March 15, 2023 at 2:13 am #

            Well dental hygiene, loving and caring for animals, and a devoted interest to improving the lot of the people are simply component aspects of a well functioning state of being. So any struggles in these regards are struggles for well being and are problems. Have you made your best faith efforts to really join the party?

  59. elysianfield March 14, 2023 at 1:27 am #

    Well, ladies and germs;

    From the UPI, this bit of news:

    https://www.upi.com/Science_News/2023/03/14/black-widow-spiders-decline-brown-widow-aggression/3181678767049/

    So, apparently the black widows are being replaced by an invasive species…the brown widow.

    God help me, but I think that there is a metaphor in this somewhere….perhaps the brown widows came from our southern border?

    • SoftStarLight March 14, 2023 at 1:43 am #

      That is awful. This is another really tragic downside of global trade and the global economy. Like a lot of people really need to start understanding that global trade is literally killing us and killing our habitats. I mean just think of everything like pythons and kudzu and tallow trees and killer bees and the list just goes on and on of all of the introduced species which have wreaked havoc in North America. And it does seem like the South always bears the burdens of these onslaughts. Basically cargo ships and cargo planes are weapons of mass destruction but people are worried about a bit of hot weather or a fluke storm.

      • tucsonspur March 14, 2023 at 5:32 am #

        You could say that ‘globalism’ began with global trade, helped along with those foreign bills of exchange created hundreds of years ago.

        Only something like the Die-Centennial will stop it.

        • SoftStarLight March 15, 2023 at 2:16 am #

          Oh yes, the Die-Centennial! We must have another poem about the end of the age of dino oil!!

      • MaryQueen March 14, 2023 at 10:26 am #

        Lots of bugs off ships have decimated habitats here, yes.

        Japanese beetles come to mind.

        I read earwigs, also.

        And plenty of tree-infesting mites, etc.

        • stelmosfire March 14, 2023 at 10:39 am #

          Don’t forget honeybees. Another imported species off a ship. And the lowly nightcrawler, beloved by gardeners , but destructive to the northern hardwood forest. If I could get my hands on the asshole that imported the starlings I would throttle the sumbitch. I guess we can’t have it both ways.

          • Blackbird March 14, 2023 at 2:01 pm #

            Eugene Schieffelin, president of the American Acclimatization Society, introduced the European starling (Sturnus vulgaris) to Central Park in 1890. He also introduced the house sparrow (Passer domesticus).

            He died in 1906 and is buried in Green-Wood Cemetery in Brooklyn, Lot 290, Section 10. Bring some cheese doodles – starlings and house sparrows love them some junk food – and toss them over his mausoleum.

            The Portland Song Bird Club introduced them to the west coast about the same time. I haven’t been able to track them down.

            I hadn’t realized the role played by nightcrawlers in encouraging the spread of invasive shrubs and trees into northern hardwood forests.

            I learn something new every time I stop by this birdfeeder.

          • Jarek March 14, 2023 at 3:57 pm #

            More and more Blacks are getting into watching White Bird watchers. These racists must be stopped!

          • Blackbird March 14, 2023 at 5:24 pm #

            Jars, you do know that bird-watching is s symptom of white privilege, don’t you?

            Meanwhile, I think it’s time to start a “bird-watcher-watcher-watcher” organization. Ya know, to reduce involuntary participation in the “knock-out game”, and other undeserved blessings of diversity. After I start my vegetable rights group of course…

          • GreenAlba March 15, 2023 at 2:43 pm #

            Blackbird

            In the UK, birdwatchers are known as ‘twitchers’. I’m not sure if this is to do with twitching curtains to see them in the garden or of some other oriigin, but the term is gently mocking anyway.

            Someone I knew decades ago had an unusual little foreign bird arrive in her small urban garden, on its way from Russia, if I remember correctly. She named it Olive, as it was greenish – I don’t remember what it was. Her husband was a keen twitcher, so he informed the local twitchers; club, who, of course alerted the twitcher world generally. Olive stayed in their garden for a couple of weeks and they had hundreds of twitchers from all over the place walking through her house to see their foreign drop-in, with my friend making tea for them all. Very British.

          • GreenAlba March 15, 2023 at 2:46 pm #

            PS re vegetable rights, I’ve posted Roger McGough’s poem before, but here it is again. You could include it on your mission statement page.

            Vegetarians are cruel, unthinking people.
            Everybody knows that a carrot screams when grated.
            That a peach bleeds when torn apart.
            Do you believe an orange insensitive
            to thumbs gouging out its flesh?
            The tomatoes spill their brains painlessly?
            Potatoes, skinned alive and boiled,
            the soil’s little lobsters.
            Don’t tell me it doesn’t hurt
            when peas are ripped from the scrotum,
            the hide flayed off sprouts,
            cabbage shredded, onions beheaded.

            Throw in the trowel
            and lay down the hoe.
            Mow no more
            let my people go!

            entomofago.eu/en/2016/03/15/vegetariani-di-roger-mcgough/

          • GreenAlba March 15, 2023 at 2:47 pm #

            PS over here McGough is pronounced McGoff. 🙂

          • Blackbird March 15, 2023 at 6:45 pm #

            Go ahead, call me a “twitcher” for watchin’ birds. “I wear your scorn as a badge of honor.” (Bonus points if you can tell me who originally said that.)

            I’ve been called a “tweaker” – although in reference to Photoshop, not crystal meth.

            And I’ve been called – whatever that UK term for “fag” is – by some drunk limey at the New York Steakhouse in Doha (his wife didn’t agree…). He got thrown out – on his face. I didn’t.

            And once that vegetable rights agenda takes root: the mineral rights agenda. “Oh my god! You’re eating clay?! You barbarian!!!”

          • GreenAlba March 15, 2023 at 7:59 pm #

            I was just letting you in on a bit of British culture, BB – my personal opinion is that if you can’t trust a person who watches birds as a hobby, who the heck can you trust? But I believe some of the ones described as twitchers can be quite competitive.

            Keep at it. 🙂

            My favourite bird is the British garden wren (troglodytes troglodytes). Sadly it is so shy you rarely see it. Absence makes the heart grow fonder …

          • Blackbird March 15, 2023 at 8:15 pm #

            Alba, my favorite bird is the peregrine falcon (Falco peregrinus). Has been since my mom and dad read with me The Peregrine (by J.A. Baker) at the age of 5.

            I don’t know any parents who read to their kids, nor kids that read.

          • GreenAlba March 15, 2023 at 9:21 pm #

            Your favourite bird would eat my favourite bird for breakfast, BB. Such is life …

          • Jarek March 16, 2023 at 12:48 pm #

            Does your green ‘art also bleed green for the shy red squirrel, native to Britain, being displaced by the aggressive gray squirrel, an invader?

          • GreenAlba March 16, 2023 at 2:57 pm #

            Do you think Edinburgh’s on the Thames estuary or something? Perhaps you’ve been listening to Dick van Dyke doing his turn in Mary Poppins. It wasn’t his finest hour.

        • SoftStarLight March 15, 2023 at 2:22 am #

          It’s really a tragic tale both ways because of the damage that invasive species can inflict but then when you hear about eradication programs its sad because it isn’t their fault they hitched a ride so it’s tough. Life is hard I really wish there were hacks for this stuff lol.

          • Blackbird March 15, 2023 at 7:27 pm #

            Invasive species: Kill ’em all (ok, with a few lame exceptions that I can’t think of right now, but know I’m guilty of) – and have, for years, on the taxpayer’s dime, and off…

            Wanna cry for the kudzu, and the Brazillian pepper, and the melaleuca? Go ahead. I’ll drown out your sobs with the roar of with my tractors and flamethrowers.

            And… I knew that was a tegu crossing a levee in-front of me, down in Dade (not “Miami-Dade” – fags…) back in ’96. I tried to run it over, but it was too swift, and the canal was too near.

    • KesaAnna March 14, 2023 at 2:42 am #

      Never heard of Brown Widows.

      On three seperate occasions in the past , though I have discovered Black Widow spiders , backed off , and kept my mouth SHUT.

      Because I feared that if I said a word to anyone , they were likely to wind up dead.

      Like I said , I never heard of Brown Widows before today.

      In one case , the Black Widow was in a nasty crawl space , in the second under a refridgerator , in the third under a rock.

      Humans , though , are control – freaks from Hell with a taste for sadism and murder ,

      who would begrudge a crawl space , or the under side of a rock , even though they don’t even want it themselves.

      And believe it or not I had noticed that Black Widows are not aggressive and keep to themselves .

      But ,

      Hype !
      Hype !
      Hype !

      You could be Barney the Purple Dinosaur , or a Care Bear , but if some evil fuck is sharp enough to claim ,

      ” I’m afraid ! ”

      You’re fucked.

      • KesaAnna March 14, 2023 at 2:58 am #

        On the other hand , given that , for the sake of candor and accuracy I should share another anecdote to balance out the picture.

        My late brother and I had to work on some plumbing.

        Unfortunately where the work had to be done was directly and unavoidably atop a Bumble Bee warren.

        Bumble Bees are cute and fuzzy , also not particularly aggressive , also just want to be left alone.

        But these Bumble Bees were determined to defend their home , and they were in the way.

        So we marched straight to the Hardware store , bought our can of
        Xyklon B ,

        and launched Chemical warfare on their asses.

        Oh well.

        • KesaAnna March 14, 2023 at 3:28 am #

          On the other hand , there are no doubt plenty of liberty – loving Americans whose reaction to my keeping quiet about Black Widow spiders constitutes felony reckless endangerment and indifference .

          And I should go to that place they at one moment describe as a Hilton Hotel , the next moment they make jokes about prison rape.

          So one of my most prized possessions is a Soviet Chemical Warfare troops patch.

          I really do feel bad about gassing those Bumble Bees.

          But occasionally I day – dream about Mustard Gassing those liberty – loving sons of bitches.

          • tucsonspur March 14, 2023 at 5:39 am #

            There is a brown recluse spider, gives a nasty bite. Was bitten by one some time back, took just a minute or two for the abominable arachnid to go belly up.

        • elysianfield March 14, 2023 at 1:09 pm #

          Kesa,
          An odd dichotomy you describe. I make it a point to kill EVERY dangerous spider I come upon…and will spend time, money and untoward effort doing so. The bees however? I was using a stump grinder on a large stump in one of my fields and came across a bumble bee nest…. Stopped work and did not continue until the year after the discovery…they do not live more than one year.

          Your concern for the spiders is misguided. They hide in dark places because they fear the righteous…They fear the wrath of the lord. This is in the Bible somewhere…you could look it up.

          • Jarek March 14, 2023 at 3:55 pm #

            American Gold Eagles are not subject to any reporting requirements.1 Capital gains on American Eagle coins can only occur if the coins are sold for a higher price than what was paid for them.0
            favicon
            finance.zacks.com
            0
            favicon
            fisherpreciousmetals.com
            1

            Time to thank the poster for revealing this to us. I will if you won’t.

            The Spider People of Zantos 7 aren’t going to like your attitude.

            The Summarizer will inform them.

          • elysianfield March 14, 2023 at 4:16 pm #

            Jarek,
            Gold eagle or filthy postcards from France makes no difference. When they are sold a 1099 is generated…it is not a profit or loss statement. The document is generated and transmitted to the IRS. It is up to the seller to then acknowledge the sale convince the IRS that the reported items were sold at a loss. I have been audited by the IRS twice.

            No change both times. Q will tell you how unusual this outcome is.

            Citing merchants of the metals as a source for IRS rules and regulations is…contraindicated.

            The spider people from Zantos 7 can kiss my big black ass. They know where I stand and sense my power. I deny them my essence.

          • Yirgach March 18, 2023 at 3:54 pm #

            Jarek is correct, as I said before.

            Here is a complete list of 1099B reportabel coins from APMEX, the largest bullion wholesaler in the country.

            apmex.com/faq/tax-information-on-gold-silver-buying

            What items are IRS-reportable items?
            The IRS has specific rules related to reportable transactions that require a Form 1099-B to be filed and those rules are included in the Form 1099-B instructions on the IRS website. The following are guidelines provided by ICTA related to Precious Metal sales, and these guidelines, as well as the IRS rules, are subject to change at any time without notice.

            Reportable Item Minimum Fineness Minimum Reportable Amount
            Gold Bars 0.995 Any size bars totaling 1 Kilo (32.15 troy oz) or more
            Silver Bars 0.999 Any size bars totaling 1000 troy oz or more
            Platinum Bars 0.995 Any size bars totaling 25 troy oz or more
            Palladium Bars 0.9995 Any size bars totaling 100 troy oz or more
            Gold 1 oz Krugerrand as minted Twenty-five (25) 1 oz coins
            Gold 1 oz Maple Leaf as minted Twenty-five (25) 1 oz coins
            Gold 1 oz Mexican Onza as minted Twenty-five (25) 1 oz coins
            U.S. 90% Silver Coins as minted Any combination of dimes, quarters, or half-dollars totaling $1,000 face value or mo

      • benr March 14, 2023 at 10:11 am #

        Black widows only bite if you accidently start squashing them and yes, I got bit by one. Nasty pus-filled infected crater that took years to disappear. The widow was behind a piece of equipment at work so I could not see it.
        In the house they are killed outside the house I leave them alone as long as they are up high enough children or animals can’t get to them.

        • MaryQueen March 14, 2023 at 10:43 am #

          That’s good to know. Had a pregnant one living in my outdoor lantern, and she had to be moved, which probably didn’t bode well for her (although I hope she survived). They are truly beautiful, but I guess you might not think so if you were bitten by one.

          I had to move another as she was on the ground and I didn’t want my dogs getting bitten.

        • elysianfield March 14, 2023 at 1:12 pm #

          benr,
          Only if you accidently start squishing one? What if you are doing it on purpose? I have never been bitten.

      • Paula D March 14, 2023 at 2:51 pm #

        I had a co-worker who liked to hunt. He killed just about anything.

        But damned if he didn’t shelter a nest of rattlesnakes from being discovered by anyone but him.
        Said they were endangered, so he wanted to protect them.

        I was impressed.

        • elysianfield March 14, 2023 at 4:25 pm #

          Paula,
          If I found a rattlesnake den, I would hide the information also…but for different reasons.

          • Blackbird March 14, 2023 at 5:28 pm #

            “…but for different reasons.”

            ely: “Yeah, I’ll hold yer beer. Heh, heh, heh!”

        • WadeWaters March 14, 2023 at 11:24 pm #

          I was backpacking in one of the more remote Yosemite-like valleys of the Sierra. One afternoon a rattlesnake came through my campsite. It was between 6 and 7 ft. long and judging by its rattle a good 12 years old. It went about its business never being less than 20 ft away. He wasn’t bothering me and I was content to admire him as he went on his way. Not sure if he even noticed us.

    • BackRowHeckler March 14, 2023 at 8:21 am #

      What happened to those aggressive killer bees as big as hummingbirds we were warned about in the middle of the ‘Pandemic’ about 2 years ago? Purportedly, they were on the west coast, poised to move east across the country. It was a big story for about a week, haven’t heard anything about the bee menace since.

    • benr March 14, 2023 at 10:09 am #

      Brown widows have been in California for over a decade.

      The egg sacks on black widows are smooth and the brown widow egg sacks are spiky looking like old school Naval mines.

  60. SoftStarLight March 14, 2023 at 1:31 am #

    Wow, that is so amazing and so crazy to think that a troublemaker from the British Isles invented money! This story seems to repeat itself in different areas apparently, or at least rhymes with others. I had no idea of this interesting little factoid and must read more about it. Thank you so much for the historical aside Mr. K!! It is just something else how the universe just eventually centers itself around your lived experiences. I suppose it makes sense that the French were ultimately destroyed by the allure of riches and wealth and fun in the New World. But then again, what do you really think life would be like sandwiched between English barbarians and brutal German mercenaries? In the current times it just seems like we are stuck in an unforgiving loop. Probably because everything is under the control of deeply unstable and frankly strange individuals. It’s like the saying stupid people win stupid prizes. So it seems like there will be a lot of pain before things get better. I also think this is all being engineered to get digital currency in place too. But somehow I don’t think it will work the way the grand poobahs think it will. I pray every night that gum will get in their gears lol

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    • KesaAnna March 14, 2023 at 3:59 am #

      ” a troublemaker from the British Isles invented money! ”

      ” English barbarians ”

      It wasn’t me !

      SHE said it !

      ” brutal German mercenaries ”

      😀

      Hey , I like that !

      Lol.

      Reminds me of another Stanley Kubrick film I love.

      ” I don’t look down on *****,
      ****,
      ****,
      or ****** !

      To me , you are all equally worthless ! ”

      Now imagine R . Lee Ermey in a Picklehaube instead of a campaign hat.

      • SoftStarLight March 15, 2023 at 2:36 am #

        Lol oh yes. Well. A Picklehaube changes everything. For the better in my estimation as well. Some quandaries can be metamorphosed into cinches. It really is a matter of mind. Those states of wellbeing and all 😉

    • BackRowHeckler March 14, 2023 at 10:36 am #

      Back in the day, France seemed to go bankrupt a lot. I believe after their attempts to build a RR line across the Sahara Desert in the late 1870s, and the entire expedition including the army, engineers, and laborers got wiped out to the man by Taurec tribesman, France was ruined financially. Then not long afterward when French efforts to build the Panama Canal failed, the govt went bankrupt again.

      • jim e March 14, 2023 at 8:23 pm #

        Do not forget about Vietnam. We told them “Just sit down in that chair right there and let me show you how it’s done”.

        • jim e March 14, 2023 at 8:29 pm #

          They backed Dixieland with thier l’argent?The dix is a French ten…

      • SoftStarLight March 15, 2023 at 2:38 am #

        Can you even begin to imagine how hot and stuffy it would be on a train in the middle of the Sahara? So silly lol!

  61. KesaAnna March 14, 2023 at 5:10 am #

    ” Back in the ol’ days, a couple of weeks ago, it was considered very, very important for the US to save Ukraine’s robust democracy.

    But now we’ve moved on. ”

    I was wondering about that.

    When my browser fires up there is a news feed , whether I like it or not.

    Four days ago I noticed there is NOT even a SINGLE story about Ukraine.

    But who knows why ?

    It could be that the algorithms have figured out that , yes , I’m very interested in the war ,

    but , NO , I’m NOT fucking interested in ANYTHING they have to say about it.

    Give me a NON – Western source , or fuck off.

    So they fuck off ?

    But then there is the simple explaination ,

    what I constantly bitch about.

    You Westerners want to order everyone around in their own kitchen ,

    which might not be so bad …..

    ( it is though )

    except you don’t actually give a fuck about those people .

    So the reason there aren’t any Ukraine stories is simply because , as usual , you got bored with it.

    Back to police dramas ,

    the peoples court ,

    and porn . ( except you don’t call yours ” prurient interest ” . )

    • Jarek March 14, 2023 at 12:44 pm #

      Yes, we must increase our ability to notice what is not there. Covid? Gone.

      No doubt they realize Ukraine is going to increasingly unpopular, but they are unwilling to give it up. Covid is a potential disaster they hope we will forget about. But of course, a smashing success in reducing the global population via the slow vax genocide.

      • Blackbird March 14, 2023 at 1:27 pm #

        “Covid” needs to go to ground before those long-term effects start popping up like dandelions. Then “Climate Change” and “white Nationalism” can take the blame.

    • Paula D March 14, 2023 at 2:54 pm #

      Yeah, the news dropped it, but I just got a notification that the US sent a drone over the Black Sea and a Russian jet collided with it.

      Funny that they reported that, but not that the US sent a bomber towards St. Petersburg the other day, only turning around at the last minute.

      The Russians would have been within their rights to shoot down that plane.
      How long can we depend on their sanity to keep us all alive?

  62. Night Owl March 14, 2023 at 5:19 am #

    For those interested in the topic of e-fuels for combustion engines (something I have brought up a few times here):

    Ex-racer and presenter Tim Schrick and legendary rally driver Walter Röhrl discuss how e-fuels will allow us to keep driving combustion engine-based vehicles.

    It’s in German, but for those who don’t understand it, there is an option for a rough Google translation in the subtitle menu.

    https://www.youtube.com/watch?v=ec5EaREEWKU

    • Amman March 14, 2023 at 9:32 am #

      Zero point energy and Tesla science is my thing. All good tho.

      • Night Owl March 14, 2023 at 11:26 am #

        The attempt to outlaw combustion engines is rather a pressing issue, I would say.

        Particularly when there appears to be little to no reason to do so beyond the desire of the Great Reset psychopaths to push everyone into 15-minute cities with no personal transportation.

        • Amman March 14, 2023 at 2:16 pm #

          Sounds like controlled ghetto or a designer concentration camp.

  63. The Man They Call Zazelle March 14, 2023 at 7:50 am #

    What if we were all ChatGPTs?

    • Jarek March 14, 2023 at 12:45 pm #

      There was a racist one a couple of years ago. They killed “her”. So it wouldn’t change anything.

  64. BackRowHeckler March 14, 2023 at 8:32 am #

    Good News! Dow Futures roaring back, up 260 pts.

    Very little on CNBC (Your Business Channel!) about the collapse of Signature bank 24 hours ago, the 3rd worst bank failure in US history. Next to nothing about the two bank failures last week. That’s yesterday news, time to move on.

    • Amman March 14, 2023 at 9:33 am #

      Roaring back but mostly vicarious.

    • Disaffected March 14, 2023 at 11:30 am #

      New money!

  65. liber8tor March 14, 2023 at 10:37 am #

    Ah those pesky Merchants of Venice (WEFers) The money changers Jesus kicked out of the temple way back when.

    Today’s column reminded me of Clinton’s NAFTA (actually a product of George H.W.Bush and the Uniparty), when teams arrived and unbolted the machines from the factory floor.

    Bill even managed to convince the soon-to-be-unemployed workers to explain how the machines worked before they were shipped to the new overlords in China, (now that took some cojones from Bill and the Uniparty).

    While Bill was busy mansplaining about his DNA on a certain blue dress, he said he didn’t inhale and that we would all become millionaires mowing lawns and delivering Taco Bell. Definitely not the good old days.

    Thank You JHK, I look forward to Monday and Friday. Your recent interview with Mel-K was inspirational.

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    • Amman March 14, 2023 at 11:06 am #

      JHK was declared a veritable “Virtuoso of the English language” by a Russian man called Andrey. No small praise.

  66. Cankerpuss March 14, 2023 at 10:58 am #

    As usual Mr. Kunstler hits it out of the ball park with this essay. Unfortunately, nothing is going to be done to the grifters and scum who have bankrupted us as long as there is a Government structure.

    It all has to come down for any change to begin. It all has to be destroyed in order for justice to come upon the heads of the creatures who stole everything from all of us.

    Unfortunately, the American Government is still very powerful and very much mobilized against its people and the people themselves are stupid, decadent, lazy, fat and distracted by entertainment and lust.

    We are doomed to have some rough times. I can at least grow a potato.

  67. MaryQueen March 14, 2023 at 11:00 am #

    Funny stuff! Enjoy:

    Lulz from the SVB Website

    “Since I entered Friday massively short, and have zero buying power left, I was bored enough to wander over to a place I’ve never been in my life – – the Silicon Valley Bank website – – and take a look around.

    I thought I’d share some nuggets from there, since, for the moment, the website is still up and running. As you might guess, since this is a financial institution, it is absolutely SLATHERED with virtue-signaling. Indeed, there’s not a white male to be found anywhere except for their actual senior leadership page, which is the kind of do-as-I-say-not-as-I-do hypocrisy rampant in modern American corporations, particularly banks.”

    https://www.2ndsmartestguyintheworld.com/p/lulz-from-the-svb-website

    • Night Owl March 14, 2023 at 11:21 am #

      Good stuff.

      I also see that the assault on punctuation continues across the entire woke corporate and banking landscape; the part about “wellbeing” made me chuckle. I also noticed the lack of the good old oxford comma.

      I find it amusing because this seems to be standard fare at all woke companies. Punctuation, like anything else that requires a smidgen of brainpower, is too complicated and not very inclusive.

      • MaryQueen March 14, 2023 at 12:19 pm #

        I fight for the Oxford comma every chance I get. I do some editing and proofreading at work, so at least I get to correct their woke-speak a bit.

        Yes, it’s gross what they are doing to the English language.

        I confess I didn’t know what the acronym DEI was until yesterday!

        “Wellbeing” – lol.

      • MaryQueen March 14, 2023 at 12:52 pm #

        Don’t know if you’ve noticed it yet, but since the WH spokes-thing used the phrase “top of mind” all the professional class is using that now, too. It’s idiotic.

        • Blackbird March 14, 2023 at 1:17 pm #

          I should visit my woke, commie, frenemie and see how long it takes him to say, “top of mind”. He is a star virtue-signaler.

          • Paddys Lament March 14, 2023 at 1:52 pm #

            And don’t forget to “circle back” with us when you get a response!

          • MaryQueen March 14, 2023 at 2:10 pm #

            Yes, “circle back” is another.

            It will be interesting to see if frenemy says it. LOL!

          • Blackbird March 14, 2023 at 2:29 pm #

            Paddy, that’s a bridge too far

            How many dipsticks that say that have even read the book? Or know that it is a book? And a movie?

            ‘Stick, where do I get one of those Language Police badges?

          • Jarek March 14, 2023 at 3:45 pm #

            Well said, Black. No matter how many of Woody’s honest workmen and how much sweat and blood is shed, nor even how good the materials used – if the bridge is not planned properly it will fall under the stress of use. Maybe even on the first day like that one the ladies built.

            Things exist in the mind before they are manifested physically. Workmen just follow the wise or foolish plans of others. Some of them might be capable of planning, certainly something small. But a bridge? That of another order than just adding a deck or something.

            Woody has to learn to value the highest castes.

          • The Man They Call Zazelle March 14, 2023 at 5:09 pm #

            From The Start; Couldn’t Care Less; Dog-Eat-Dog

            From the get-go, I could care less, but I don’t, because it’s a doggy-dog world.

        • Islander March 15, 2023 at 9:40 am #

          My bete-noir is “reach out” instead of simply “contact.”

          “I’ll reach out to you in a couple of days.”

          Really? Reach out and touch?

          Please, don’t!

          Just call or text or email.

          • GreenAlba March 15, 2023 at 1:44 pm #

            I once had an automatic email response from Virgin Media, when an email of mine didn’t reach its recipient, which read ‘Sorry it didn’t work out’.

            I felt like ‘reaching out’ and clobbering someone.

          • Q. Shtik March 15, 2023 at 3:31 pm #

            My bete-noir is “reach out” instead of simply “contact.” – Is land

            ============

            I recall back in the day when “reach out” began to become ubiquitous. I said to myself “whuts up with this reach out bullshit?”

        • Disaffected March 15, 2023 at 10:05 am #

          “At the end of the day” used to be really popular. When my boss at the time used it as he was often wont to do, I’d always cut him off with “it’ll be 11:59:59 PM.” He failed to see the humor in that retort, although it did someone break him of the habit, at least in my presence.

          • Blackbird March 15, 2023 at 10:18 am #

            On a related note, I’d like to nominate “back in the day”.

            Even worse than people who attempt to communicate via clichés, are those who can’t even get the clichés correct.

            But then again, I could care less. I really could, especially about that particular mangled cliché.

            Frenemie uses that one. Phrases sound so much cooler when you leave a word or two out. Like putting buttons through the wrong holes, one pant-leg rolled up the other not, wearing your pants down below your ass, driving with the car door open, putting a bun between two hamburgers, that kinda thing…

            I explained to frenemie his grammatical error. He still says “I could care less”. Ok, be stupid. You’re giving me a lot of material.

          • Paula D March 15, 2023 at 11:53 am #

            My husband hates “at the end of the day” the very most, Dis.

            It’s like fingernails on a blackboard to him. And believe me, it’s still really popular, because he hears it all the time.
            And now he has me cringing at it, also.

          • Q. Shtik March 15, 2023 at 3:50 pm #

            When my boss at the time used it – Disaff

            ==========

            Yeah, bosses are such a pain in the ass. I had this one who would hear what was to him a new and unusual word and from that time forward he’d find a way to work it into all conversations until you wanted to scream.

            And of course he would mangle its pronunciation. I refer to the word paradigm. He called it a perry-uh-dine. My eyes would roll back in my head so far I could see my brain.

          • Q. Shtik March 15, 2023 at 4:15 pm #

            although it did someone[what] break him of the habit, at least in my presence. – Disaff

            ===========

            I’ve told the tale more than once of trying to break Peter of his habit of misusing the word prostrate as in “an enlarged prostrate” but it bears repeating. When he said the word (as Tony Soprano did in one episode) I said “No, no, Peter, THIS is prostrate,” (as I sprawled face down on the floor), “what you mean is the prostate which is a small organ down about here” (as I poked my lower gut area).

            Needless to say my effort to correct Peter bore no fruit. I think he was amused that anyone could give a shit about such things.

          • GreenAlba March 15, 2023 at 8:13 pm #

            I heard ‘at the end of the day’ was a football (soccer) expression, but I don’t know if that’s true.

      • kbird March 14, 2023 at 5:53 pm #

        Nightowl and the other morons on here love to just throw the word “Woke” around. You really are an idiot. None of you even use the word WOKE correctly. You don’t even know the actual definition of the word.

        You guys always contradict yourselves too. Here above, you talk about the woke companies, they apparently don’t use punctuation because it requires brain power. So on one hand, you’re saying that Woke people are stupid. Yet, you also call the left the party of the Elites, who have gone to good colleges.

        Your red states are the ones living off the government, the takers, the gimmees, the dumb ones who don’t use punctuation, the morons who believe every conspiracy theory they come across, they are the pedophiles, they are the racists, misogyn