Tuesday, November 29, 2022

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KunstlerCast 295 — Chatting with Neil Howe: How Is “The Fourth Turning” Turning Out?

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by James Howard Kunstler, Kunstler:

Neil Howe is a renowned author and speaker on economic, demographic, and social change in America. He is the nation’s leading authority on social generations—who they are, what motivates them, and how they will shape America’s future. Howe is the originator of the term “Millennial Generation” and has written over a dozen books on generations and generational research, a field of research he single-handedly invented. His landmark 1997 book The Fourth Turning (co-authored with the late William Strauss), has become an indispensable lens for viewing world political history.

Howe is also a recognized authority on global aging, long-term fiscal policy, and migration. He served as Senior Policy Advisor to Blackstone Group and has testified on entitlement reform many times before Congress.

Click HERE to listen.

Read More @ Kunstler.com

Digging Up An Old Story

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by J. Johnson, Miles Franklin:

Last night instead of watching the No Fans Left political program, I decided to watch a 1931 movie starring Bela Lugosi. Being in the Halloween Season and all, I watched the original “Dracula” where the main character was charismatic, kind, considerate, wealthy, and a little off. This movie was epic and the digitally remastered film really showed the viewers a good time.

Bela Lugosi was claimed to have stayed in character for 6 months past the making of the movie and I found out later that he was actually buried in the costume of his most famous character. Obviously actors are still a bit off back then as now. But back then they didn’t melt down in public.

As I watched this movie unfold, I couldn’t help but wonder if there was an underlying theme to the movie and its characters. It started off with a “solicitor” by the name of John Harper who was invited to a grand castle in a foreign land under the strictest terms in secrecy. Being a solicitor, he naturally spoke openly of how this trip was important to almost everyone along the way. Mr. Harper did not heed the warnings from the people that he had spoken and completely ignored their behavior, because it was his chance, for something big to happen in his life and he would have none of their tomfoolery. He was ensnared by the possibilities of fame and fortune and became a minion.

Eventually, John went crazy after being in the castle and under the evil eye of the night crawler himself. Dracula also had 3 beautiful women, who catered to their masters every wish. As the plot thickened, the Count moved from Europe to England where a new beginning could be started, and with an entire population completely unaware of the events that unfolded in the darkness, far away from the light of day. In time we meet the nemesis of Dracula, a man named Van Helsing, an educated man who also dabbled into the oddities of the occult and other curiosities which wound up being the unwinding of the main character, the banker, pardon me, vampire.

This is truly a great movie that even the young ones can enjoy, no gore at all! Where am I going with all this? Well, it lead into a little more research because almost everything about Dracula could be viewed as a central banker and the life force of Dracula was the blood which is, in a twisted way, the life of our economy and the people that live under it.

I spoke about last night’s viewings and my thesis with a friend of mine when he asked me if Stoker was involved with any anti-bank societies that may have been around in his day. A quick look up on Wikipedia showed the man Stoker was born in 1849 and died in 1912 and a large list of books penned by him. Most of his famous stories were written around the turn of the century. He was a writer for the Dublin Evening Mail, then an acting manager, then business manager of a theater company for 27 years. The man had an economic and reporters mind but I could not find any links to anything that would make my thought more convincing. Wikipedia was done telling me anymore about this writer. My friend and I started looking for clues to see if there may be something to this thesis.

With all these writings accredited to Bram, I wondered if there was a complete collection of Bram Stoker writings on Amazon or another site. There were no compilations in real book form, all where in electronic, but when I want a collection I have to have the hard cover for my library, and we did find something within this search, a book not mentioned in the Wikipedia list of books written by Bram Stoker. It was oddly yet accurately titled “Famous Impostors” published in 1910, just a few years before his passing.

What was in the table of contents made me pull out the credit card and get this book ordered fast before my friend did, because my purchase was only $38.99 and the next hard cover book went for $788,  $2,580, then$2,693. (Just to let you know, I know someone who will have a book like thus up for sale shortly, say $600?)

What was most intriguing in the table of contents was a name of interest from an economic crisis of the past.  Writers can only write their viewpoints so I had to find more views but I didn’t expect one to pop out because of a movie. The name “John Law” was in print within the second chapter. This is the man (whom btw, I am studying on right now) behind the failure known as the Mississippi Company which was really a cover up for an unlimited currency printing scheme hiding behind an attempt to make land the basis for currency instead of Silver and Gold. In short, Bram knew economics a bit more than what is being projected out there and my thesis has now become a viable possibility.

Dracula may have been a central banker. Both characters pretend to be clean, decent, trusting, and an amicable gentlemen, that can swoon people’s hearts with the printed script. But in the darkness, life or the works of man, are being sucked dry by his ways of getting into the lifeblood of an economy without anyone knowing about that hidden tax called interest. It alone extracts more and more profits and payments from its guests and they think little of it. This master had servants who went crazy with the power of print, and the only possessions that could save all civilization was ancient and trusted. Dracula’s nemesis, Van Helsing found out that Garlic and a Cross could be used against the villain, in kind, the population under the fiat monetary system have Silver and Gold to use against the fiat drain that sucks a life’s earnings out of the workers retirement accounts thru its devaluation.

Read More @ MilesFranklin.com

Harvey Weinstein and Roger Ailes Emulated Wall Street’s Private Justice System

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by Pam Martens and Russ Martens, Wall St On Parade:

Following a detailed investigative report that appeared on the front page of the New York Times last Friday, along with additional disturbing reports over the weekend, the powerful Hollywood producer, Harvey Weinstein, was fired yesterday by The Weinstein Company, the film studio he founded with his brother, Bob, in 2005. The two were previously the co-founders of Miramax Film Corp. It was sold to Disney in 1993.

According to the Times and other reports that followed, Weinstein is a sexual predator who has harassed his own employees in the workplace as well as actresses seeking jobs during hotel interviews.

Weinstein, like Fox News founder Roger Ailes, was said to have perpetrated his sexual misdeeds over many years without public disclosure by effectively creating his own private justice system – using private monetary settlements with gag orders for their accusers instead of public courtrooms where the claims would have been reported by the press, decided by the public jury system based on witness testimony and detailed evidence obtained in discovery. Had the nation’s court system been utilized, dozens of future female victims would have been spared the trauma and lifetime scars of these sexual predators.

What Weinstein and Ailes did was a less formalized version of Wall Street’s private justice system – where all industry workers must sign away their rights to access the public courts and agree to try all claims against the firm, and the prolific sexual assaulters and harassers that work on Wall Street, in an industry-run private justice system known officially as mandatory arbitration but more accurately as kangaroo courts. (See related article below.)

It is these private justice systems and their enablers – the lawyers who have allowed them to proliferate — that have emboldened the sexual ogres in the workplaces of America.

The plaintiffs’ lawyers who craft these private settlements and iron-clad non-disclosure agreements (gag orders) are turning their backs on the intent of the Civil Rights Acts of 1964 and 1991. These legislative acts, passed by both houses of Congress and signed into law by the President of the United States, provide civil rights protections in the workplace including anti-discrimination statutes and court remedies to stamp out sexual predators who use their position of superior rank to sexually harass colleagues.

The legislation confers on the private litigant the role of private attorney general to pursue not only her own claim but to vindicate the rights of other women to a workplace free of harassment and discrimination. The Equal Employment Opportunity Commission (EEOC), the Federal agency that enforces the civil rights acts, has filed amicus briefs with appellate courts, outlining the importance of the private litigant’s role in functioning as a private attorney general on behalf of society as a whole.

In a 2003 paper, Stanford Law Professor, Pamela Karlan, explained the critical role that these private attorneys general can perform on behalf of society. Karlan writes:

“The idea behind the ‘private attorney general’ can be stated relatively simply:  Congress can vindicate important public policy goals by empowering private individuals to bring suit…Virtually all modern civil rights statutes rely heavily on private attorneys general…Congress harnessed private plaintiffs to pursue a broader purpose of obtaining equal treatment for the public at large.”

Karlan goes on to explain that when the plaintiff is denied her day in court, the important public policy enshrined by the civil rights acts goes unvindicated, and the entire Nation suffers.

Indeed, the United States has suffered serial embarrassment and loss of credibility as an enlightened society from the claims against Weinstein and Ailes and the even more serious claims against Bill Cosby, which include rape.

An underlying concept embedded in the role of the private attorney general is that women of conscience would be bringing important cases to the courts and juries would be awarding high damage awards, and potentially punitive damages, to send a message to all would-be sexual predators that shame and loss of career will be the outcome of this behavior. The message would also be sent to the Boards of the companies that shareholders will pay a hefty price if written workplace policies to eliminate this conduct are not seriously communicated and enforced.

Similar to the Weinstein matter, the power by men on Wall Street to sexually harass with impunity has been an open, dirty secret for decades. (See Editor’s Note below.) On June 9, 1994, Margaret Jacobs, writing for the Wall Street Journal, detailed the case ofHelen L. Walters:

“Helen L. Walters says her boss called her a ‘hooker,’ a ‘bitch’ and a ‘streetwalker.’ Sometimes he brandished a riding crop in front of her and once he left condoms on her desk.

Read More @ WallStOnParade.com

Cartel Nervous: Gold & Silver To Be The Slashers On Friday The 13th?

from SilverDoctors:

Monday Outlook: The cartel has slashed gold & silver ever since September 8th, but by this Friday, it may be the Cartel who’s getting slashed…

The week is starting out a-typical and ending that way too. Today is Columbus Day, and the banks are closed, but the markets are open. On the fundamental front, we have a slew of Fed speakers starting tomorrow, and of course, by Friday the 13th, they are going to need all the jawboning they can get to keep their stock market propped, the dollar under hypnosis, and gold & silver out of the public conscious:

From Wednesday on there are market moving data releases for the HFTs to trade off of, including:

  • JOLTS
  • Treasury Budget
  • Business Inventories
  • Consumer Sentiment

This is why it matters:

The data releases “hit the tape”. This means they are released, and everyone’s favorite tape is the market data feeding news platform Bloomberg Terminal, which no longer publishes yearly costs but, but it is safe to assume it costs around $25,000 for the program, which hedge funds and major trading firms (i.e. the revolving door between Washington and Wall Street) use in conjunction with their algorithms to trade positions back and forth all the while racking up the profits and creating nothing other than a bunch of synthetic paper currency and nothing of substance.

The Fed speeches are significant too. Computers calculate numbers, and the “black boxes” that are built to parse the data in the releases is not something a human mind can do in nano-seconds, let alone does a human have fiber-optic and laser connections to the major trading clearinghouses like BATS to front run, skim, spoof, snipe and pounce any other computer that is nano-seconds behind. So humans need fundamental news.

The fundamental news comes in the form of jawboning the markets. That is to say, all of those Fed Heads declaring that everything is awesome reassure any of the actual people left in the stock markets that the Fed has their backs. Said differently, this week is the typical data release feeding the computer algorithm trading, in conjuction with the various staggered Fed speeches re-assuring the humans that U.S. stocks are the place to be.

At one point, however, it won’t be, and with the exception of a few people on the inside who stand to profit immensely from knowledge we are not privy too, the Fed will not longer support the system in order to allow the bubble to pop. Since they know when that point is, they will bank on the whole way down too as investors loose their hard earned money that they trusted in paper assets.

But they will most likely have trouble with gold and silver this week.

Gold & silver have been under constant price smashing since September 8th. Can the smashings continue, such as the way we saw the precious metals fall until the end of the year in 2016? They could, but the pressure on price has come much earlier this year than last. The silver price was still at $19 just a year ago. Are they really going to be able to push silver down $2 from here to end the year? Not likely. Yes there is silver (and gold) on the markets at the retail level, but there’s no way there would be much if any left after the rush into the metals if they push the price down that far.

Here’s a chart showing just how they have barely been able to keep the 50-day from crossing the 200-day:

When that blue line crosses above the red-dotted line, that would represent a huge change in sentiment on the bullish side. Could we get that cross before Friday the 13th? if silver has some surge in price this week it’s possible, and if silver was $2 higher this time last year, it could indeed have that surge in it.

Read More @ SilverDoctors.com

WHY MOST CHRISTIAN CHURCHES REFUSE TO PREACH THE TRUTH ABOUT THE SECOND COMING OF JESUS CHRIST

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by Geoffrey Grider, Now The End Begins:

Go to your average mega-church where thousands will gather on a Sunday, and you will hear happy, upbeat messages about how God has a “wonderful plan” for your life. What you will not hear is that when Jesus returns at the Second Coming, He stomps His enemies the same way you stomp grapes, with the literal blood of the fallen staining His white robes.

WHEN YOU REMOVE BIBLE DOCTRINE FOR THE CHRISTIAN IN THE CHURCH AGE, YOU ARE LEFT WITH LITTLE MORE THAN FAIRY TALES AND FABLES.

“And I saw heaven opened, and behold a white horse; and he that sat upon him was called Faithful and True, and in righteousness he doth judge and make war.” Revelation 19:11 (KJV)

In America today, there are roughly 300,000 churches claiming to represent Jesus Christ, that’s an average of 6,000 churches per state. That’s a lot of churches. So why are so many professing Christians ignorant about the main theme of the Bible? Because there is not one in a thousand that preaches Bible doctrine, and not one in ten thousand that believes the book of Revelation is a road map of the future.

What is the main theme of the Bible, you ask? From cover to cover, the main theme of the Bible is the Second Coming of Jesus Christ to rule and reign as King over all the nations, literally, physically and visibly. I will pause here for a moment as you struggle to collect your thoughts, your mind reeling from trying to process this “strange teaching” that your pastor never touches on in your church.

When Paul commanded Timothy to study the word like a “workman”, and to learn to “rightly divide” the truth of scripture, he was giving us a template for proper Bible study. Making necessary divisions like between Old Testament – New Testament, Jews – Christians – Gentiles, etc, takes away the confusion and seeming contradictions present when casually studying from a high level. Paul also says that in the end times, Bible doctrine will thrown out the window, leaving the average Christian in the dark about the future.

“For the time will come when they will not endure sound doctrine; but after their own lusts shall they heap to themselves teachers, having itching ears; And they shall turn away their ears from the truth, and shall be turned unto fables.” 2 Timothy 2:3,4 (KJV)

When you remove Bible doctrine for the Christian in the Church Age, you are left with little more than fairy tales and fables. Joel Osteen has famously stated that the reason he refuses to preach on Hell and the coming judgment is because “most Christians are beaten down enough”. Hmm, I guess Joel knows better what a Christian needs than God does, because God commands us to study about the things that are about to come upon all the earth.

Read More @ NowTheEndBegins.com

Why is Congress at 31{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} & Trump at 41{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} Approval in the Polls?

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by Martin Armstrong, Armstrong Economics:

A root cause for Congressional ineffectiveness will be found in the simple fact that the exercise of good governmental judgment cannot possibly compete with re-election pressures. This is why term limits are ABSOLUTELYMANDATORY if we ever hope to have a reasonable government. There is a substantial conflict between good government and corrupt ineffective government. Congress has merely been transformed into a school how to be corrupt and get away with it.

Congress has only at best a 31{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} approval rating against Trump at 41{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}. Democrats in Congress are at 29{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} with Republicans at 36{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}. Nancy Pelosi is at 35{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} and Chuck Summer is at 23{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}. Yet CNN and the New York Times bash Trump as being so unpopular while they ignore Congress’ approval rating.

What is amazing is that people criticized Trump for lacking experience in government. Yet, politicians lack any skill set whatsoever to understand the real world. There is no advantage to the nation from lengthy political office holding for there is no empirical evidence that it has increased the knowledge or skill to run the nation. Unfortunately, the only skill or increased knowledge is confined to re-election techniques and how to raise money. This is always counter-trend to the public interest of running the nation. So much governmental expenditure is pressured by the re-election fervor that the real Federal deficit cannot be closed and the Federal debt will continue to skyrocket without end. These debt ceiling increases are a joke because they all just want to spend money so they get re-elected. That is using public funds for personal gain at the expense of our future.

From 1789 to 1855, members of Congress received only a per diem (daily payment) of $6.00 while in session, except for a period from December 1815 to March 1817, when they received $1,500 a year. Members began receiving an annual salary in 1855, when they were paid $3,000 per year.

Read More @ ArmstrongEconomics.com

Vegas shooter: the “bump stock” revelation contradicts the official scenario—Oops

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by Jon Rappoport, No More Fake News:

There are so many holes in the official story of the Vegas concert shooting, anyone who buys it should consider laying out cash for condos on the moon.

File this one under: GUN ENTHUSIAST WITH LARGE KNOWLEDGE OF WEAPONS USES RIDICULOUS RIFLES THAT ARE NOTORIOUSLY INACCURATE. That’s called a contradiction. Oops.

SMART GUNMAN CHOOSES DUMB WEAPONS.

The latest piece of fraud? The bump stock revelation.

A bump stock is a legal device that turns a semi-auto weapon into a simulation of full auto: faster fire rate. Legislators are falling all over themselves to ban it.

According to press outlets, the accused shooter, Stephen Paddock, brought not one, not two, not five, but 12 rifles to his hotel suite at the Mandalay that were outfitted with bump stocks.

At the same time we’re told Paddock left a note in his suite that revealed he was calculating distance and gravity and other factors—he was carefully plotting out his upcoming shooting spree to obtain the highest degree of accuracy.

There is one problem with that claim.

Bump stocks aren’t accurate. And if Paddock had even superficial knowledge of weapons, he would know that.

Reason.com: “No one seems more mystified by the sudden enthusiasm for bump stocks—from both gun nuts and gun grabbers—than gun store owners. Because bump stocks sacrifice accuracy for speed hunters, sportsmen, and most other enthusiasts have little need for them, some experts say.”

“’I’ve always thought these bump stocks were just a novelty,’ Andrew Wickerham, owner of the 2nd Amendment Gun Shop in Las Vegas, told The Christian Science Monitor. ‘They’re not that good, and they’re hard as hell to control’.”

“’I will order them if someone wants one, but I highly discourage them from purchasing. It’s not safe, they don’t work, and it’s a gimmick,’ Tallahassee gun retailer Will Dance told CNN Money.”

One of my source on weapons wrote this: “There are some devices (like AutoGlove and Bump Fire) that can simulate full automatic fire, but they cannot be used accurately or effectively.”

“The [weapon] on the right [in a photo taken in Paddock’s hotel suite] with the Bump Fire device has something like an EOTech or RedDot optic that is only good for close quarters shooting and out to maybe 75 yards [far shorter than the distance between Paddock’s suite and the concert grounds]…”

Read More @ NoMoreFakeNews.com

Well respected gold trader warns even Swiss banks no longer trustworthy to store your gold with

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by Kenneth Schortgen, The Daily Economist:

On October 8, well respected gold trader and Managing Partner of Matterhorn Asset Management, Egon von Greyerz, spoke in an interview of some very disturbing occurrences taking place in Swiss banks when it comes to individuals and organizations keeping gold deposits held in their vaults.  And Greyerz went on to give a dire warning that banks are no longer a safe repository for your assets as they will securitize them, and in some cases not return your gold to you upon request.
 

Egon von Greyerz:  “Don’t hold gold in a Swiss Bank or in any bank in any country. We regularly see examples both in mid-tier and large Swiss banks that should make bank clients very concerned. Here are some examples: 

  • A client stores physical gold in a bank but when he wants us to organize a transfer to private vaults, the gold doesn’t exist and the bank must acquire it. 
  • 400 oz gold bars that were bought by the bank for the client in 2005, were cast in 2011, so the gold never existed.
  • The client is told he owns physical gold and silver but actually only has paper metals.
  • Swiss banks are also doing all they can to stop clients taking their gold out. One major bank refuses to transfer gold out if the client isn’t present. Another major bank recently told the client that they don’t transfer client gold out of the bank to anyone, even if the client demands it. 

Swiss banks tell their clients that physical gold and silver held in the bank vaults on behalf of clients is not on the bank’s balance sheet and based on Swiss law it belongs to the client.Yes, that is correct, but how many times have we not seen that banks under pressure use client assets as security for their trading, especially when they are under pressure. – King World News

As with any physical asset, possession is nine-tenths of the law.  So if you don’t hold it, you don’t fully own it in today’s financial system. 

Read More @ TheDailyEconomist.com

Winning! POTUS Trump To Terminate Cornerstone of Obama’s Climate Change Policy

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by Joshua Caplan, The Gateway Pundit:

On June 1st, the White House audience broke out in applause when President Trump announced the United States was withdrawing from the Paris Climate Accord.

What a wonderful day for the American worker!

The cost of the climate deal was $3 trillion.

Trump decided to stand with the American worker and against globalist elites.

Emails leaked by the Department of Agriculture’s Natural Resources Conservation Service reveal that Team Trump is dropping “climate change” from its vernacular.

They want officials to use the term “extreme weather” patterns, instead.

The Guardian reported:

Staff at the US Department of Agriculture (USDA) have been told to avoid using the term climate change in their work, with the officials instructed to reference “weather extremes” instead.

A series of emails obtained by the Guardian between staff at the Natural Resources Conservation Service (NRCS), a USDA unit that oversees farmers’ land conservation, show that the incoming Trump administration has had a stark impact on the language used by some federal employees around climate change.

After leaving the Paris climate agreement, the Trump administration has taken aim at another cornerstone of former President Obama’s green policy —  the Clean Power Plan.

Read More @ TheGatewayPundit.com