“Now we see the violence inherent in the system”
by Simon Black, Sovereign Man:
Apparently Bill Gates has sat on his ass and contributed nothing to Microsoft’s success over the past 44 years… at least, according to Congresswoman Alexandria Ocasio-Cortez.
At an event commemorating Martin Luther King on Monday, Ms. Ocasio-Cortez told the audience that wealthy people “sat on a couch” while “undocumented workers” earning “slave wages” created all the wealth and value.
“No one ever makes a billion dollars,” she said. “You take a billion dollars.” And the crowd went wild.
The Fed Is On Their ‘Cashless Society’ Rampage Again (And Commandeering The Cryptos Too)
from Silver Doctors:
The Fed wants to take every last shred of our privacy and force us into negative interest rates for good measure. Here’s an update on their War on Cash…
On Saturday, the St. Louis Fed fired off this Tweet:
As if that’s a good thing.
Oil, Oil, Oil! Subprime Auto Loans Pop! Real Estate Bust! with John Rubino
by Kerry Lutz, Financial Survival Network:
John Rubino returns… Something was going to pop these bubbles and it just happened to be the Coronavirus. Oil crashed again to $12 per bbl. Diamond Offshore just went BK. Offshore drilling is super costly and their oil has no market. 27 oil tankers off the coast of Long Beach and even more off the coast of Singapore. We’re almost at the point where there’s no more storage capacity. Until we start driving and flying again real soon. Shale oil junk bonds are worthless. The oil producing countries have either cut spending dramatically or they have to borrow a ton of money that isn’t available. Money center banks, hedge funds and pension funds are going to see massive losses. It starts with oil and ends with Illinois. States will go bankrupt. Trump asked why we should bail out Blue States. The number of things that blow up become catastrophic. The Feds have no choice but to bail out everything and that’s the end of the dollar, as we know it. There’s not a hedge fund left after the big bang!
Click HERE to Listen
Tlaib Suggests Federal Reserve Should Bail Out Democrat Run Cities Like Detroit
by Alicia Luke, Freedom OutPost:
Rep. Rashida Tlaib, D-MI, told Jerome Powell that the Federal Reserve should bail out cities like Detroit, and Puerto Rico.
Here’s the video:
Is North Korea Showing the Emperor is Naked?
by Pepe Escobar, Sputnik News:
Amid the thick fog of (rhetorical) war between Washington and Pyongyang, it’s still possible to detect some fascinating writing on the (unbuilt) wall.
A case can be made that President Trump is using North Korea to kick the 24/7 Russia-gate narrative out of the US news cycle. It’s certainly working. After all, in Exceptionalistan weltanschauung, the prospect of war and its possible rewards certainly trumps hazy accusations of Russian hacking and election interference.
Capitol Hill would never even consider an attempt to impeach a president — on top if it surrounded by generals — while American geopolitical primacy is in danger. Besides, Congress has already made it explicit Trump does not even need permission to bomb North Korea.
So, according to this working hypothesis, if Robert Mueller finds anything seriously damaging to the Trump brand, the president might actually consider a bomb North Korea/wag the dog operation.
Meanwhile, anybody paying attention to what Edward Snowden has disclosed in detail knows hackers of all persuasions are fine tuned to all Mueller-related IT systems and cell phone communications. They will know what Team Mueller has managed to find on Trump in real time — and plan their contingencies accordingly.
As for the rhetorical war itself, a US intel source used to thinking outside the Beltway box points to the crucial variable, South Korea; “South Korea will not maintain its alliance with the US the day they believe that the US will attack North Korea to protect itself at the expense of the death of thirty million people in South Korea. South Korea is in secret talks with China for a major security treaty because of the US position that they will bomb North Korea in their own defense irrespective of the destruction of South Korea which the US would regard as most unfortunate.”
Don’t expect to read about these secret Beijing-Seoul talks on Western corporate media. And that’s only part of the equation. The source adds, “there are secret talks between Germany and Russia over the US joint sanctions against those two nations and a realignment of the German position back to the Bismarckian Ostpolitik of a new Reinsurance Treaty with Russia.”
Assuming these secret negotiations bear fruit, the consequences will be nothing short of cataclysmic; “The European and Asian security systems of the United States may be about to collapse due to the turmoil in Washington which is unhinging all of the United States alliances. As Congress undermines Donald Trump, the United States is presently jeopardizing all its major strategic relationships.”
Seoul Framed as “Collateral Damage”
Meanwhile, serious questions remain over North Korea’s true military capabilities. As an independent Asia intel source familiar with the Korean peninsula observes, “submarine launched ballistic missiles (SLBMs) as well as land-based nuclear missiles are available on the black market, so North Korea would have no trouble acquiring them. North Korea knows that if they do not have a nuclear deterrent capacity they could be subject to a similar destruction that occurred with Iraq and Libya. In addition, the irresponsible threats against North Korea by [US Secretary of State] Tillerson, who should retire to his fishing haunts, could do grave damage to the US, for if North Korea believes the US will strike they will not wait as Saddam Hussein, having learned their lesson from that, but they will strike first.”
So the real issue, once again, is whether Pyongyang already is in possession of SLBMs as well as land-based nuclear capacity, acquired through the black market. The Asia intel source adds, “North Korea presently has twenty Romeo class submarines which, according to Heritage expert Bruce Klingner, have the capacity to carry nuclear SLBMs. These Romeo class submarines have a range of 9,000 miles and the distance from Pyongyang to New York City is 6,783 miles. These submarines could be refueled, for instance, in Cuba, Therefore, it is not inconceivable to find a North Korean submarine offshore New York City equipped with a ballistic nuclear missile in a showdown at the O.K. Corral with Washington D.C.”
US Think Tankland is developing a creepy consensus when it comes to North Korea. Every analyst worth his paycheck knows that North Korea’s nuclear program sites are widely dispersed and ultra-reinforced; everyone also knows that devastating North Korea artillery is concentrated near the demilitarized zone (DMZ) within striking distance of Seoul. Still, this is all being spun as part of an aseptic narrative where the US is “extremely reluctant” to bomb.
It’s obviously hard for CIA types to publicly acknowledge that Pyongyang is — successfully — creating the framework for a new brand of negotiation with the US as well as with South Korea, China and Russia. Any rational, non-Dr. Strangelove intellect knows there is no military solution to this drama. North Korea is already a de facto nuclear power — and diplomacy will have to take it into account.
Neocon/neoliberalcon War Party/CIA types though bet on — what else — war. And fast — before the much-hyped point of no return when Pyongyang acquires a deliverable nuclear weapon. That’s where, predictably, most factions of the deep state converge with Trump. And that’s the stuff of all sorts of chilling scenarios, pointing once again to Washington having no qualms sacrificing its South Korean “ally”.
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