My suspicion is that this will be the last Independence Day we will see with the current United States of America.
There’s simply too much. Too much wealth disparity. Too much corruption. Too much greed. Too much misplaced value.
Not to mention everything else. I don’t need to spell it out for you. It’s already spelled out.
And it goes on and on…
Good luck everyone. Happy 4th of July.
One can hope that it is only a by-product of our times – but this evening, I’ve been hit by an especially powerful sense of foreboding.
God preserve and protect you, innocents.
The stock market crash caused by the pandemic was the largest transfer of wealth in the history of the world. That wealth went exactly the oppossite of how most people (99.99%) should want it. It went directly from the bottom to the top.
As I write, Trump and the talking heads on economic television are crowing about the amazing economic recovery. The stock market has pumped back up to levels where it was prior to the crash, the May jobs report just came out and blew everyone away by adding 2.5 million jobs instead of losing another 8 million.
I don’t know how to break it to you, so I’m just going to tell it like it is. This is all fuckery – or more accurately – trumpery. Websters Dictionary defined trumpery as 1) deceipt, fraud or 2) worthless stuff. That’s exactly what this is.
The 2.5 million jobs that came back were mostly leisure and hospitality – jobs in restaurants and hotels and bars – and they come back while a real unemployment rate of close to 20% still exists (the trumpery rate is 13% which is still an alarming rate). The jobs that ‘came back’ were almost completely temporary layoffs that were brought back from a near total lockdown mode to a gradual opening of the economy.
Those stock market gains? Who can afford to invest during a pandemic and economic collapse? The point-one-percenters, that’s who. Who gains from the pandemic going away and the stock market rising? Trump. His campaign has been in tatters as people see the economy erode. This is trumpery in more than one way.
Covid-19 cases have been steadily rising since Memorial Day and the increase from the George Floyd protests aren’t even showing themselves yet. The moratoriums on mortgage and rent haven’t yet expired – that will be the end of July. And, do we even need to talk about the largest mass protests in U.S. history?
This ‘economic recovery’ is one of the biggest lies that has ever been told and here is what is going to happen – people are going to flood into the stock market trying to recover their losses (because most people suffered huge losses and couldn’t afford to speculate when society might be collapsing) and then – it’s going to happen again.
The political protests are going to hit critical masss.
Covid-19 cases are going to explode upwards and death tolls will begin rising again..
Evictions, foreclosures, and defaults are going to light up the night sky.
The markets are going to crash again as the smart money takes their insane profits and exits amidst the chaos.
This whole thing is an economic mass shooting. Not to mention, a deadly pandemic is about to hit us harder than ever – again. Get ready for the biggest transfer of wealth in history – part 2.
Best of luck out there.
A major American city is on fire – pandemic is raging still – and the fiddler on the roof is fanning the flames instead of soothing frayed nerves.
We’ve always said that Trump doesn’t plan on stepping aside regardless of outcome in November’s election. First, we saw Jared Kushner’s trial balloon of putting off the election and now, we are seeing something else:
The Insurrection Act of 1807 is a United States federal law (10 U.S.C. §§ 251–255) (until 2016, found at 10 US Code, Chapter 15, §§ 331–335, renumbered to 10 USC, Chapter 13, §§ 251–255) that governs the ability of the President of the United States to deploy military troops within the United States to put down lawlessness, insurrection, and rebellion.
Under this act, the President may deploy troops as a police force during a natural disaster, epidemic, serious public health emergency, terrorist attack, or other condition, when the President determines that the authorities of the state are incapable of maintaining public order. Interestingly, action taken under the Insurrection Act, allows the President to bypass the Posse Comitatus Act – which limit’s the President’s ability to use Federal troops on U.S. soil.
The Posse Comitatus Act allows governors to deploy National Guard and keeps them under State control. The Insurrection Act is a very different story.
Be prepared to be occupied by the armed forces of the United States – in the United States.
Here are a couple of other articles that might be of interest to you:
Christopher Damitio has completed his 50,000 word pandemic novel. It’s free and worth a read even though it was written in just 25 days. It’s a strange mixture of reality that we are all living and dark fantasy. If you want to escape from Coronavirus (and Trump) this is both the answer and not the answer.
I’m going to tell you now – what you are seeing is confirmation bias. People are seeing what they want to see, just like I saw that the economy would drop twice as hard as it did (so far).
I’m not sure what people are smoking, but it’s definitely some kind of hopium. Unemployment is as bad as during the Great Depression. There is no cure or vaccine for the virus yet. Life as we know it has changed forever.
Still, I have to give people credit for being so adaptable. I hope that I’m wrong and new waves of the virus don’t start murdering new masses of people. But even if we avoid that nightmare – we still have to deal with the fact that tourism and hospitality is on it’s knees and being kicked.
I’m not sure what would happen if the President or VP had the virus, but judging by Britain, as long as they survived it would be no big deal at this point.
As soon as governments allow it, there are going to be mass waves of evictions and foreclosures – not to mention bankruptcies by the basketful.
Maybe the USA will pull out of this tailspin, maybe the insanely resurgent economy will save us all – but I doubt it. I’ve been wrong before – and maybe I’ll be wrong on this. Still – it doesn’t feel like I’m wrong (but it wouldn’t would it? All the ‘plandemic’ nuts feel sure they are right and you probably feel like you are right too, regardless of your position on things).
Here’s what I see coming –
- economy re-opens in May and June and people can’t help but start behaving as if the pandemic has been beaten – people can’t resist the summer travel season – everything feels like a comeback
- waves of evictions and foreclosures in July begin – also people start wondering why their jobs haven’t come back and the prices of groceries are 4x what they were in January
- August schools re-open – pandemic resurges bigger than before
- stock markets and equities finally catch up with the real economic data and crash hard
- bitcoin, gold, and silver all spike to levels that seem stupid to consider at the moment
- Trump will try to postpone the election (if he survives getting virus which he either already has or will get soon)
- Biden will hum-deedle-dee and haa-doodle-doo through the most muddled election in U.S. history
- And a lot more bizarre shit too.
You (and everyone) need to look at this and scroll through the whole thing – it will take you 10-15 minutes, but it may be the best chance to ever understand just how obscene the inequality of wealth really is.