lewrockwell--2020-04-01--Day of Shame: US House Approved $2 Trillion Everything Bailout on a Voice Vote

Did we say it ’ s getting stupid crazy down there in the Imperial City ?
Well , we probably have….ad infinitum .
And we are doing so again but not merely owing to today ’ s abomination in the once and former Peoples ’ House , which thinks so little of its oath to defend the constitution and the rights of current and future taxpayers that it approved the $ 2 trillion Everything Bailout without even a roll call vote .
Then again , like the late night TV pitchman says – wait , there ’ s more !
@ @ @ @ @ @ @ the Fed heads have not .
To wit , it took the Fed 85 years after its doors opened in 1914 to print enough money to fund a $ 600 billion balance sheet .
It wasn ’ t exactly the Ohio State offense – three yards and a cloud of dust – which accomplished this .
But it was pretty close – even including Greenspan ’ s first years at the helm .
Between the famous Treasury Accord in 1951 , under which the Fed was liberated from Treasury-ordered yield pegging , and @ @ @ @ @ @ @ a modest 5.2 % per annum .
And , by your way , the Fed ’ s relative stinginess with the printing press was a great big no nevermind .
Real GDP grew at 3.4 % per annum over that near half-century period , and real median family income more than doubled from $ 35,000 to $ 74,000 .
We are pondering the number “ $ 600 billion ” today because its capsulizes the insanity loose in the Imperial City .
What took 95 years to accomplish in the purportedly benighted 20th century @ @ @ @ @ @ @ !
You truly can not make this stuff up .
The Fed has purchased $ 622 billion of USTs and MBS since March 19th , meaning that its balance sheet has expanded from $ 4.75 trillion last Thursday evening to $ 5.372 trillion last night .
And , yes , we do have a calculator which generates compound annual growth rates by the day .
Even giving credit to the fact that these madmen/women rested their printing press , apparently , on Saturday and Sunday , the growth rate in the box below @ @ @ @ @ @ @ per annum !
Even Uncle Milton Friedman , the evil genius who started all this at Camp David back in August 1971 , is surely rolling inconsolably in his grave .
If there is any doubt that this madness is literally destroying the bond markets , you need look no further than the side-by-side charts below .
The massive corporate bond bubble that 10 years of the Fed ’ s foolish interest rate repression generated is now coming unstuck at the seams .
Light Therapy Lamp u20 ... Buy New $ 29.99 ( @ @ @ @ @ @ @ have said all along , the specious assurance from the Eccles Building that the financial system is sound because banks have been passing their ludicrously rigged “ stress test ” was malarkey of the first order .
For crying out loud , Waldo wasn ’ t hiding in bank balance sheets !
That was the last rodeo .
The latter have been repaired as a result of savaging returns on the bank deposits held by millions of savers and retirees .
But that just meant Waldo scampered over to the trillions of new @ @ @ @ @ @ @ have risen up to quench the desperate thirst for yield among asset gatherers .
But now these hideously low yields are being clobbered by the Covid-19 shutdown panic , causing a run on the bond funds like no brick and mortar bank run ever before .
In just the last two weeks there has been a $ 218 billion outflow from these funds , including $ 34.6 billion on “ bond capitulation day ” on March 20 alone .
We ’ d say , better late than never .
In an honest market @ @ @ @ @ @ @ smartly and the C-suite geniuses who trashed their own balance sheets over the last decade to fund rampant stock buybacks and financial engineering adventures might well be getting a tap on the shoulder from their own complicit boards , who might not otherwise relish the prospect of spending the rest of their days in shareholder litigation .
Alas , the last thing our monetary central planners wish to see is honest bond yields or any other kind of honest financial asset prices .
So that ’ s why they are virtually flaunting the @ @ @ @ @ @ @ corporate bond buying double-shuffle with the US Treasury in order to flood the bond pits with a massive state-financed bid for the bonds being dumped by real money private investors .
That is , the 5 % , 7 % or even 10 % corporate bond yields that today ’ s hyper-leveraged corporate balance sheets deserve would finish the job of puncturing the stock market bubble where Covid-19 left off .
That moment of reckoning , of course , must be precluded at all hazards , even if it means fostering an even @ @ @ @ @ @ @ .
That is to say , when the Fed/Treasury owns all the bonds and the private world is sitting on a mountain of cash ( nee trash ) , look out below !
We leave it to another occasion to ponder the financial market implication of the absolute monetary mayhem which has issued from the Fed during the last two weeks , and only hinted at by the above observations .
But the ever prescient Jim Bianco today summarized the action neatly , and what it actually amounts to .
Crisis and Leviathan @ @ @ @ @ @ @ $ 7.96 Buy New $ 7.42 In effect , said the great Bianco , meet your new de facto Fed chairman – Donald J. Trump !
In just these past few weeks , the Fed has cut rates by 150 basis points to near zero and run through its entire 2008 crisis handbook .
That wasn ’ t enough to calm markets , though – so the central bank also announced $ 1 trillion a day in repurchase agreements and unlimited quantitative easing , which includes a hard-to-understand $ 625 billion of bond @ @ @ @ @ @ @ this rate , the Fed will own two-thirds of the Treasury market in a year .
But it ’ s the alphabet soup of new programs that deserve special consideration , as they could have profound long-term consequences for the functioning of the Fed and the allocation of capital in financial markets .
Specifically , these are : • SMCCF ( Secondary Market Corporate Credit Facility ) – buying corporate bonds and bond ETFs in the secondary market .
• MSBLP ( Main Street Business Lending Program ) – Details are to come @ @ @ @ @ @ @ small and medium-size businesses , complementing efforts by the Small Business Association .
To put it bluntly , the Fed isn ’ t allowed to do any of this .
The central bank is only allowed to purchase or lend against securities that have government guarantee .
This includes Treasury securities , agency mortgage-backed securities and the debt issued by Fannie Mae and Freddie Mac .
An argument can be made that can also include municipal securities , but nothing in the laundry list above .
So how can they do this ?
@ @ @ @ @ @ @ vehicle ( SPV ) for each acronym to conduct these operations .
The Treasury , using the Exchange Stabilization Fund , will make an equity investment in each SPV and be in a “ first loss ” position .
What does this mean ?
In essence , the Treasury , not the Fed , is buying all these securities and backstopping of loans ; the Fed is acting as banker and providing financing .
The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of @ @ @ @ @ @ @ other words , the federal government is nationalizing large swaths of the financial markets .
The Fed is providing the money to do it .
BlackRock will be doing the trades .
This scheme essentially merges the Fed and Treasury into one organization .
So , meet your new Fed chairman , Donald J. Trump .
Now that ’ s not only a downright frightening thought , but actually at the present fraught moment there is only one entity more dangerous than the Donald and that is the entire lot of numbskulls and @ @ @ @ @ @ @ ( with the exception of the Heroic Rep. Thomas Massie , who had the cojones to futilely stand up to the braying herd and demand a recorded vote ) .
In effect , every shred of historic resistance on Capitol Hill to unhinged spending and borrowing has been vaporized by the Fed ’ s lunatic nationalization of the bond , loan and money markets .
The politicians now literally feel free to borrow like crazy because they know the Fed will monetize every single dollar of it .
But here is one thing @ @ @ @ @ @ @ there and when it comes to Congressional politicians and the public debt , we have stared into the very white of their eyes .
The one and only thing they feared back in the day was that massive borrowing by Uncle Sam would hog the available funding supplies , thereby driving up interest rates and crowding out the only two things they care about : • Room in the budget for their favorite charities and pork ; • Angry homeowners , businessmen , farmers and car buyers in their districts getting hammered with @ @ @ @ @ @ @ market entirely .
But that ’ s now a distant memory for the old-timers still in Congress ( like our successor , Rep. Fred Upton who has been there 36 years ) and most especially the 21st century crop of ne ’ er-do-wells who , apparently , have no experience with fiscal discipline whatsoever .
Thus , this morning we actually heard one of them on CNBC – the former GOP chairman of the House Ways and Means Committee , Rep. Brady – urging a voice vote .
That is , the body @ @ @ @ @ @ @ and financing bills was to wave through unread and sight unseen $ 2 trillion worth of Senate-passed crony capitalist bailouts , coast-to-coast soup lines and $ 340 billion of new appropriated pork – all contained in 883 pages scribbled together in the dead of night Wednesday .
And Rep. Brady was one of the more sober voices rushing for the cameras .
Celebrating her 80th birthday in this life and accession to immortality in the financial hall of shame , Nancy Pelosi promised , in effect , that you haven ’ t seen @ @ @ @ @ @ @ ... David A. Stockman Best Price : $ 2.00 Buy New $ 9.95 It seems that another , probably even larger bailout # 4 for states and municipalities is already being plotted : @ ChadPergram : Pelosi says both bodies of Congress should work on the phase 4 coronavirus response .
“ Four corners , ” as she said….Says she urged Mnuchin to do the direct payments more quickly @ IngrahamAngle : Pelosi says MORE money will be needed for state and local govt , then says we need to be prayerful .
@ @ @ @ @ @ @ up to the task .
Not when you even scratch the surface of what this drooling pack of fiscal incontinence just gummed through by voice vote .
For instance , it includes $ 250 billion for unemployment insurance , with most of the money going to a $ 600 per week boost in normal benefits over the next four months and increasing the standard benefit period from 26 weeks to 39 weeks .
Of course , we haven ’ t heard even the sky-is-falling nitwits on CNN arguing that the shutdown will last @ @ @ @ @ @ @ of making provision through next New Year ’ s Eve ( 39 weeks ) .
But what takes the cake for mindless profligacy is the $ 600 per week add-on to benefits which in most states already range between $ 400 and $ 700 per week .
In this context , we have been insisting that this massive tsunami of money really isn ’ t about humanitarian concerns or even a modest helping hand for workers and families caught up short , and that ’ s exactly what we have with the $ @ @ @ @ @ @ @ it ’ s just another plank in the 100 % GDP replacement program aimed to restore the false prosperity on main street and the egregious bubbles on Wall Street embodied in the January 2020 status quo ante .
That ’ s why the maximum rate now payable to laid off workers will reach the following per hour equivalents for the next four months ; and these figures are based on an assumed 40 hour week , which virtually none of the claimants actually log ( US average is about 34 hours per week @ @ @ @ @ @ @ t begrudge wage earners getting a generous portion of the loot .
But replacing wages at this level on the taxpayers dime for a short-term emergency is just plain ludicrous .
Indeed , the reason this insanity is even in the bill is because that ’ s what the Donald and McConnell had to cough up to Chuckles Schumer and the labor/progressive Dems in order to get what they really wanted : Namely , the massive $ 4 trillion front door ( US Treasury ) and back door ( Fed ) bonanza of @ @ @ @ @ @ @ reason for the Everything Bailout .
We will address this abomination in detail in Part 5 , but consider this : No business should get a dime from Washington to keep people on the payroll who aren ’ t working ( regular UI is already taking care of that ) ; and if they have trashed their own balance sheets over the years , they should pay-up the market rate of interest to borrow the money to cover other cash shortfalls during the Covid-19 shutdown .
Take the example of the restaurant chain @ @ @ @ @ @ @ , which yesterday ostentatiously announced it would not pay April rents on its 620 locations .
Fine .
The landlords can throw them out or , more likely , work out a rent abatement program for the relatively short-term duration of the Covid-19 dislocation .
In fact , exactly those kinds of adjustments are what happens on the free market and are actually happening from coast-to-coast at this very moment .
But we mention CAKE because it was one of those momo stocks awhile back where the top management couldn ’ t resist @ @ @ @ @ @ @ and stock options by trashing the company ’ s balance sheet to pump a tsunami of money back into Wall Street .
To wit , during the past 10 years , the company generated $ 1.12 billion of cumulative net income and $ 1.31 billion of operating free cash flow .
But , alas , it spent over that same 10-year period $ 1.50 billion on stock buybacks and dividends .
That is , it returned 133 % of net income to Wall Street and spent 115 % of free cash flow on @ @ @ @ @ @ @ Wall Street , not building sustainability and rainy day reserves into its own balance sheet .
In fact , the company ’ s debt currently stands at $ 1.6 billion or a debilitating 11.2X annual free cash flow .
And , yet , these cats want a bailout !
Now they will surely get one from the $ 4 trillion cheap money bonanza the GOP has just rammed through without a vote and even a day of hearings and analysis .
As we said , there has never been a Day of Shame @ @ @ @ @ @ @ just transpired .
The Best of David Stockman

Did we say it’s getting stupid crazy down there in the Imperial City?
Well, we probably have….ad infinitum. And we are doing so again but not merely owing to today’s abomination in the once and former Peoples’ House, which thinks so little of its oath to defend the constitution and the rights of current and future taxpayers that it approved the $2 trillion Everything Bailout without even a roll call vote.
Then again, like the late night TV pitchman says – wait, there’s more!
Consider the chart below, which surely the Fed heads have not. To wit, it took the Fed 85 years after its doors opened in 1914 to print enough money to fund a $600 billion balance sheet.
It wasn’t exactly the Ohio State offense – three yards and a cloud of dust – which accomplished this. But it was pretty close – even including Greenspan’s first years at the helm. Between the famous Treasury Accord in 1951, under which the Fed was liberated from Treasury-ordered yield pegging, and 1999, its balance sheet grew at a modest 5.2% per annum.
And, by your way, the Fed’s relative stinginess with the printing press was a great big no nevermind. Real GDP grew at 3.4% per annum over that near half-century period, and real median family income more than doubled from $35,000 to $74,000.
We are pondering the number “$600 billion” today because its capsulizes the insanity loose in the Imperial City. What took 95 years to accomplish in the purportedly benighted 20th century, has now taken just five days!
You truly cannot make this stuff up. The Fed has purchased $622 billion of USTs and MBS since March 19th, meaning that its balance sheet has expanded from $4.75 trillion last Thursday evening to $5.372 trillion last night.
And, yes, we do have a calculator which generates compound annual growth rates by the day. Even giving credit to the fact that these madmen/women rested their printing press, apparently, on Saturday and Sunday, the growth rate in the box below computes to, well, 61,084% per annum!
Even Uncle Milton Friedman, the evil genius who started all this at Camp David back in August 1971, is surely rolling inconsolably in his grave.
If there is any doubt that this madness is literally destroying the bond markets, you need look no further than the side-by-side charts below. The massive corporate bond bubble that 10 years of the Fed’s foolish interest rate repression generated is now coming unstuck at the seams. Light Therapy Lamp u20... Buy New $29.99 ($29.99 / Count) (as of 04:40 UTC - Details)
As we have said all along, the specious assurance from the Eccles Building that the financial system is sound because banks have been passing their ludicrously rigged “stress test” was malarkey of the first order.
For crying out loud, Waldo wasn’t hiding in bank balance sheets! That was the last rodeo.
The latter have been repaired as a result of savaging returns on the bank deposits held by millions of savers and retirees. But that just meant Waldo scampered over to the trillions of new corporate bond mutual funds and ETFs which have risen up to quench the desperate thirst for yield among asset gatherers.
But now these hideously low yields are being clobbered by the Covid-19 shutdown panic, causing a run on the bond funds like no brick and mortar bank run ever before. In just the last two weeks there has been a $218 billion outflow from these funds, including $34.6 billion on “bond capitulation day” on March 20 alone.
We’d say, better late than never. In an honest market, corporate bond yields would be rising smartly and the C-suite geniuses who trashed their own balance sheets over the last decade to fund rampant stock buybacks and financial engineering adventures might well be getting a tap on the shoulder from their own complicit boards, who might not otherwise relish the prospect of spending the rest of their days in shareholder litigation.
Alas, the last thing our monetary central planners wish to see is honest bond yields or any other kind of honest financial asset prices. So that’s why they are virtually flaunting the law and setting up a thinly disguised corporate bond buying double-shuffle with the US Treasury in order to flood the bond pits with a massive state-financed bid for the bonds being dumped by real money private investors.
That is, the 5%, 7% or even 10% corporate bond yields that today’s hyper-leveraged corporate balance sheets deserve would finish the job of puncturing the stock market bubble where Covid-19 left off.
That moment of reckoning, of course, must be precluded at all hazards, even if it means fostering an even more incendiary blowup just down the road. That is to say, when the Fed/Treasury owns all the bonds and the private world is sitting on a mountain of cash (nee trash), look out below!
We leave it to another occasion to ponder the financial market implication of the absolute monetary mayhem which has issued from the Fed during the last two weeks, and only hinted at by the above observations.
But the ever prescient Jim Bianco today summarized the action neatly, and what it actually amounts to. Crisis and Leviathan: ... Robert Higgs Best Price: $7.96 Buy New $7.42 (as of 05:25 UTC - Details)
In effect, said the great Bianco, meet your new de facto Fed chairman – Donald J. Trump!
In just these past few weeks, the Fed has cut rates by 150 basis points to near zero and run through its entire 2008 crisis handbook. That wasn’t enough to calm markets, though – so the central bank also announced $1 trillion a day in repurchase agreements and unlimited quantitative easing, which includes a hard-to-understand $625 billion of bond buying a week going forward. At this rate, the Fed will own two-thirds of the Treasury market in a year.
But it’s the alphabet soup of new programs that deserve special consideration, as they could have profound long-term consequences for the functioning of the Fed and the allocation of capital in financial markets. Specifically, these are:
CPFF (Commercial Paper Funding Facility) – buying commercial paper from the issuer.
PMCCF (Primary Market Corporate Credit Facility) – buying corporate bonds from the issuer.
TALF (Term Asset-Backed Securities Loan Facility) – funding backstop for asset-backed securities.
SMCCF (Secondary Market Corporate Credit Facility) – buying corporate bonds and bond ETFs in the secondary market.
MSBLP (Main Street Business Lending Program) – Details are to come, but it will lend to eligible small and medium-size businesses, complementing efforts by the Small Business Association.
To put it bluntly, the Fed isn’t allowed to do any of this. The central bank is only allowed to purchase or lend against securities that have government guarantee. This includes Treasury securities, agency mortgage-backed securities and the debt issued by Fannie Mae and Freddie Mac. An argument can be made that can also include municipal securities, but nothing in the laundry list above.
So how can they do this? The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position. What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing. The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury.
In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.
This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.
Now that’s not only a downright frightening thought, but actually at the present fraught moment there is only one entity more dangerous than the Donald and that is the entire lot of numbskulls and morons which comprise the U. S. Congress (with the exception of the Heroic Rep. Thomas Massie, who had the cojones to futilely stand up to the braying herd and demand a recorded vote).
In effect, every shred of historic resistance on Capitol Hill to unhinged spending and borrowing has been vaporized by the Fed’s lunatic nationalization of the bond, loan and money markets. The politicians now literally feel free to borrow like crazy because they know the Fed will monetize every single dollar of it.
But here is one thing we do know because we have been there and when it comes to Congressional politicians and the public debt, we have stared into the very white of their eyes.
The one and only thing they feared back in the day was that massive borrowing by Uncle Sam would hog the available funding supplies, thereby driving up interest rates and crowding out the only two things they care about:
Room in the budget for their favorite charities and pork;
Angry homeowners, businessmen, farmers and car buyers in their districts getting hammered with high rates or squeezed out of the market entirely.
But that’s now a distant memory for the old-timers still in Congress (like our successor, Rep. Fred Upton who has been there 36 years) and most especially the 21st century crop of ne’er-do-wells who, apparently, have no experience with fiscal discipline whatsoever.
Thus, this morning we actually heard one of them on CNBC – the former GOP chairman of the House Ways and Means Committee, Rep. Brady – urging a voice vote.
That is, the body which the framers charged with originating spending and financing bills was to wave through unread and sight unseen $2 trillion worth of Senate-passed crony capitalist bailouts, coast-to-coast soup lines and $340 billion of new appropriated pork – all contained in 883 pages scribbled together in the dead of night Wednesday.
And Rep. Brady was one of the more sober voices rushing for the cameras. Celebrating her 80th birthday in this life and accession to immortality in the financial hall of shame, Nancy Pelosi promised, in effect, that you haven’t seen nothing yet. The Great Deformation:... David A. Stockman Best Price: $2.00 Buy New $9.95 (as of 09:55 UTC - Details)
It seems that another, probably even larger bailout #4 for states and municipalities is already being plotted:
@ChadPergram: Pelosi says both bodies of Congress should work on the phase 4 coronavirus response. “Four corners,” as she said….Says she urged Mnuchin to do the direct payments more quickly
@IngrahamAngle: Pelosi says MORE money will be needed for state and local govt, then says we need to be prayerful.
We fear even prayer isn’t up to the task. Not when you even scratch the surface of what this drooling pack of fiscal incontinence just gummed through by voice vote.
For instance, it includes $250 billion for unemployment insurance, with most of the money going to a $600 per week boost in normal benefits over the next four months and increasing the standard benefit period from 26 weeks to 39 weeks.
Of course, we haven’t heard even the sky-is-falling nitwits on CNN arguing that the shutdown will last for 26 weeks, to say nothing of making provision through next New Year’s Eve (39 weeks).
But what takes the cake for mindless profligacy is the $600 per week add-on to benefits which in most states already range between $400 and $700 per week. In this context, we have been insisting that this massive tsunami of money really isn’t about humanitarian concerns or even a modest helping hand for workers and families caught up short, and that’s exactly what we have with the $600 benefit raise.
That is, it’s just another plank in the 100% GDP replacement program aimed to restore the false prosperity on main street and the egregious bubbles on Wall Street embodied in the January 2020 status quo ante.
That’s why the maximum rate now payable to laid off workers will reach the following per hour equivalents for the next four months; and these figures are based on an assumed 40 hour week, which virtually none of the claimants actually log (US average is about 34 hours per week):
NY ($27.60);
TX ($28.03);
PA ($29.33);
CT ($30.33);
CO ($30.45);
ND ($30.82);
NJ ($32.83);
MN ($33.50);
WA ($34.75);
MA ($35.58)
No, we don’t begrudge wage earners getting a generous portion of the loot. But replacing wages at this level on the taxpayers dime for a short-term emergency is just plain ludicrous.
Indeed, the reason this insanity is even in the bill is because that’s what the Donald and McConnell had to cough up to Chuckles Schumer and the labor/progressive Dems in order to get what they really wanted: Namely, the massive $4 trillion front door (US Treasury) and back door (Fed) bonanza of crony capitalist handouts that are the real reason for the Everything Bailout.
We will address this abomination in detail in Part 5, but consider this: No business should get a dime from Washington to keep people on the payroll who aren’t working (regular UI is already taking care of that); and if they have trashed their own balance sheets over the years, they should pay-up the market rate of interest to borrow the money to cover other cash shortfalls during the Covid-19 shutdown.
Take the example of the restaurant chain called the Cheesecake Factory (CAKE), which yesterday ostentatiously announced it would not pay April rents on its 620 locations.
Fine. The landlords can throw them out or, more likely, work out a rent abatement program for the relatively short-term duration of the Covid-19 dislocation. In fact, exactly those kinds of adjustments are what happens on the free market and are actually happening from coast-to-coast at this very moment.
But we mention CAKE because it was one of those momo stocks awhile back where the top management couldn’t resist the temptation to goose their share price and stock options by trashing the company’s balance sheet to pump a tsunami of money back into Wall Street.
To wit, during the past 10 years, the company generated $1.12 billion of cumulative net income and $1.31 billion of operating free cash flow. But, alas, it spent over that same 10-year period $1.50 billion on stock buybacks and dividends.
That is, it returned 133% of net income to Wall Street and spent 115% of free cash flow on appeasing the trading gods and robo-machines of Wall Street, not building sustainability and rainy day reserves into its own balance sheet.
In fact, the company’s debt currently stands at $1.6 billion or a debilitating 11.2X annual free cash flow.
And, yet, these cats want a bailout!
Now they will surely get one from the $4 trillion cheap money bonanza the GOP has just rammed through without a vote and even a day of hearings and analysis.
As we said, there has never been a Day of Shame on Capitol Hill like that which has just transpired.
PEAK TRUMP, IMPENDING CRISES, ESSENTIAL INFO & ACTION
Reprinted with permission from David Stockman’s Contra Corner.
The Best of David Stockman


lewrockwell--2020-04-01--Who’s Next To Fail in the Post-COVID World?

As much as I hate to invoke The Ayn Rand lest I give off the impression I ’ m some kind of Objectivist , which I am most certainly not , the engine of the world is coming to a halt .
Money velocity has been falling for years .
It is now cratering as we hide in our homes from a bug that eventually we will all have to reconcile with .
Credit is the engine of the world of today .
It is the gas which fuels the engine of the world .
COVID-19 has cratered the global @ @ @ @ @ @ @ hyper-financialized global economy as nothing more than a pyramid of Ponzi schemes… … piling credit on top of credit until there are no more greater fools to sell the new debt to .
That ’ s the system we have .
And it is collapsing precisely because the world is situated at the point where there is little more productive capacity to monetize and pull that capital from the future to fund the new debt .
It won ’ t matter if we replace this system with pure helicopter money without debt as @ @ @ @ @ @ @ We ’ re already doing a version of this by having the central banks buy debt they never intend to sell on the open market .
So , the debt itself is without value .
The money printed from those bonds is as much scrip as if the bond had never been issued .
But the time lost by people in pursuit of uneconomic ends by mispricing risk and servicing debt they are legally obligated to service is real .
The engine is sputtering as trillions are printed to kick it back over @ @ @ @ @ @ @ has too much ethanol in it .
There ’ s not enough air .
Garden of Life Raw D3 ... Buy New $ 19.44 ( $ 0.32 / Count ) And it can no longer outrun the abyss swallowing the world staring back at us saying , “ Thanks for the snack , those frackers and restaurants are tasty , but I ’ m still hungry .
Who ’ s next ?
” I ’ ve been very clear that Europe is the next big meal for the Abyss .
In the end @ @ @ @ @ @ @ over-leveraged bank there are nice .
These are but apéritifs in the grand scheme of things .
They are like sugar to a starving child , revving it up but not fulfilling its real needs .
Europe ’ s troubles are multiplying because the basic premise of how to fight this virus and the deflation it is engendering is functionally flawed .
More money dropped from helicopters isn ’ t the solution .
Freeing Europe from the euro is .
And it will set Italy in the post-COVID-19 world at odds completely with @ @ @ @ @ @ @ adds more color to what happened at last week ’ s meeting of EU national leaders in which both sides of the fiscal divide dug in their heels .
Pritchard brings up the spectre of Lega ’ s Matteo Salvini coming back into the picture , especially as the mood sours among even the most ardent Euro-integrationists like Italian President Sergio Mattarella .
Merkel is hiding behind her quarantine and letting Dutch Prime Minister Mark Rutte speak for her .
And that is driving the Italians to the point of no return .
@ @ @ @ @ @ @ a loss to fight the virus .
It was ignored by the EU when it asked for help it paid for when this began .
As Pritchard points out , what purpose does the EU serve when it won ’ t act to help a member in need as it is supposed to do ?
The answer is the EU ’ s purpose is to be obeyed .
Italy ’ s two ways out of this mess is leaving the euro or forcing the northern bloc to cry uncle .
But that has @ @ @ @ @ @ @ so many internal roadblocks to Italian economic growth , starting with the euro but entailing much wider reforms , which are most definitely not on the post-Keynesian/MMT technocrats ’ agenda .
Italy ’ s debt numbers are a large part of the hunger of the Abyss and no amount of blackmail by them and France will get Germany to go along with bailing them out .
I discussed these issues and more at length with Alexander Mercouris of The Duran in this series of videos we recorded over the weekend ( here , @ @ @ @ @ @ @ we tie Europe ’ s collapse to all the other things we ’ re experiencing in the world right now .
Most EU economies are fundamentally hampered by the ossified bureaucracy of the EU which is an over-layer of domestic bureaucracies .
And , as such , these national systems are barely capable of acting in a coordinated manner normally , no less with the EU enforcing its fiefdoms at the same time in the face of overwhelming strain .
In all situations the primary objective of all organizations is survival .
All @ @ @ @ @ @ @ the threat the more extreme their response .
They will dig in to protect against that threat rather then fulfill their stated mission .
In the case of the EU that means using this crisis as the excuse to force fiscal integration and monetary reform on those that don ’ t want it as a means to survive .
Because in a crisis period there is no time for such luxuries as national sovereignty .
There isn ’ t any reflection that the organization itself is the source of the problem .
The @ @ @ @ @ @ @ now both sides of the fiscal debate are seeing the other for what they are and the result will most likely be an irreparable fracturing of the European Union .
Italy has now seen the true face of the EU .
Conte has now tried histrionics to get his bailout , which won ’ t actually solve anything , because he ’ s aligned with the Euro-integrationists .
What his country needs is a new currency and different leadership .
But he ’ s held onto power because his opposition would have already @ @ @ @ @ @ @ obsequious worm that he is , instead of doing the right thing , issuing mini-BOTs , to free up domestic liquidity issues , Conte is looking at putting up the whole of the Italian government ’ s holdings as collateral against new debt to pay for stimulus of Einsteinian proportions .
This is the ultimate sellout of Italy to the EU .
As a proposal it is the ultimate betrayal of the Italian people .
These buildings and infrastructure are their legacy and they will be sold as collateral to loan sharks as @ @ @ @ @ @ @ There is no market for these bonds .
So , who will buy them ?
The ECB .
Who then owns all of this property , ultimately ?
The ECB and therefore the EU .
This is a proposal designed for Merkel to take back to home to the Bundestag and sell to the German people .
If they bail out Italy , they will get something in return for their risk .
It ’ ll be just like they did with Greece in 2015 , except then it was Germany forcing this @ @ @ @ @ @ @ government offering themselves up like lambs .
But even with this desperation attempt to find buyers for their debt , Italy is facing a bleak future without serious reform .
And the odds are about equal at this point as to whether Germany or Italy breaks the EU .
Because neither side can live with the other under the other ’ s terms .
At it ’ s core , however , this fight is a symbolic one over the continued belief that government can provide the solutions to our problems rather than @ @ @ @ @ @ @ first place .
Socialized markets with bureaucratic controls are incapable of reacting in real time to swiftly changing conditions .
No amount of helicopter money will change that .
No amount of taxation as social engineering tool will create preferred outcomes .
Because remember when you advocate for things like that , you ’ re putting in charge of those taxes the same people who are mismanaging them now .
Our governments aren ’ t staffed and run by angels .
These are the same misinformed , mal-educated , biased , myopic , @ @ @ @ @ @ @ short , they are human .
And they have the same pretense to knowledge everyone else does .
And they will make the same mistakes as everyone else .
Under the pressure of outrunning the Abyss the character of the people in charge of the money reveals itself .
All that does is create the false signal of stability while perpetuating systems that are wholly inadequate to the job .
COVID-19 has exposed them ruthlessly .
And still the Abyss stares back , like an implacable kidnapper , demanding its payday .
Because @ @ @ @ @ @ @ So , while you can chuck funny money in there for as long as you want it doesn ’ t create value .
It doesn ’ t produce sustainable outcomes .
It produces theft and graft , it extends the grift , bails out the unproductive and punishes those that honestly went about their business .
Digging holes and filling them in doesn ’ t produce wealth anymore than breaking a window stimulates aggregate demand for glass .
It just creates an accounting fiction which costs twice as much as having not dug @ @ @ @ @ @ @ the first place .
It may delay the Abyss from swallowing you until tomorrow .
Until , of course , you run out of time .
And then there won ’ t be enough credit in the world to keep the engine of the world from sputtering and dying .
That ’ s when real leadership is needed .
The Best of Thomas Luongo

As much as I hate to invoke The Ayn Rand lest I give off the impression I’m some kind of Objectivist, which I am most certainly not, the engine of the world is coming to a halt.
Money velocity has been falling for years. It is now cratering as we hide in our homes from a bug that eventually we will all have to reconcile with. Credit is the engine of the world of today.
It is the gas which fuels the engine of the world.
COVID-19 has cratered the global economy exposing the internal rot within our hyper-financialized global economy as nothing more than a pyramid of Ponzi schemes…
… piling credit on top of credit until there are no more greater fools to sell the new debt to. That’s the system we have. And it is collapsing precisely because the world is situated at the point where there is little more productive capacity to monetize and pull that capital from the future to fund the new debt. It won’t matter if we replace this system with pure helicopter money without debt as the Modern Monetary Theory proponents argue. We’re already doing a version of this by having the central banks buy debt they never intend to sell on the open market. So, the debt itself is without value. The money printed from those bonds is as much scrip as if the bond had never been issued. But the time lost by people in pursuit of uneconomic ends by mispricing risk and servicing debt they are legally obligated to service is real.
The engine is sputtering as trillions are printed to kick it back over one more time. But the gas has too much ethanol in it. There’s not enough air. Garden of Life Raw D3 ... Buy New $19.44 ($0.32 / Count) (as of 04:40 UTC - Details)
The engine is dying.
And it can no longer outrun the abyss swallowing the world staring back at us saying, “Thanks for the snack, those frackers and restaurants are tasty, but I’m still hungry. Who’s next?”
I’ve been very clear that Europe is the next big meal for the Abyss.
In the end, a home builder here, an over-leveraged bank there are nice. These are but apéritifs in the grand scheme of things. They are like sugar to a starving child, revving it up but not fulfilling its real needs.
Europe’s troubles are multiplying because the basic premise of how to fight this virus and the deflation it is engendering is functionally flawed. More money dropped from helicopters isn’t the solution.
Freeing Europe from the euro is.
And it will set Italy in the post-COVID-19 world at odds completely with the rest of Europe.
Ambrose Evans-Pritchard adds more color to what happened at last week’s meeting of EU national leaders in which both sides of the fiscal divide dug in their heels.
Dutch premier Mark Rutte has become the spokesman for the hardliners – giving political cover to Germany – categorically ruling out emergency “coronabonds” or other forms of debt mutualisation. “It would bring the eurozone into a different realm. You would cross the Rubicon into a eurozone that is more of a transfer union,” he said. “We are against it, but it’s not just us, and I cannot foresee any circumstances in which we would change that position.” Enrico Letta, Italy’s former-premier and an ardent EU integrationist, accused the Netherlands of leading the pack of “irresponsibles” and trying to “replace the United Kingdom in the role of ‘Doctor No’”. The reflexive use of the UK as a rhetorical foil evades of the true issue. It was not London that blocked moves to fiscal union over the last decade; it was Germany.
Pritchard brings up the spectre of Lega’s Matteo Salvini coming back into the picture, especially as the mood sours among even the most ardent Euro-integrationists like Italian President Sergio Mattarella.
Merkel is hiding behind her quarantine and letting Dutch Prime Minister Mark Rutte speak for her. And that is driving the Italians to the point of no return.
Giuseppe Conte’s government is at a loss to fight the virus. It was ignored by the EU when it asked for help it paid for when this began. As Pritchard points out, what purpose does the EU serve when it won’t act to help a member in need as it is supposed to do?
The answer is the EU’s purpose is to be obeyed.
Italy’s two ways out of this mess is leaving the euro or forcing the northern bloc to cry uncle. But that has to occur within the prospect of removing so many internal roadblocks to Italian economic growth, starting with the euro but entailing much wider reforms, which are most definitely not on the post-Keynesian/MMT technocrats’ agenda.
Italy’s debt numbers are a large part of the hunger of the Abyss and no amount of blackmail by them and France will get Germany to go along with bailing them out.
I discussed these issues and more at length with Alexander Mercouris of The Duran in this series of videos we recorded over the weekend (here, here, and here) in which we tie Europe’s collapse to all the other things we’re experiencing in the world right now.
Most EU economies are fundamentally hampered by the ossified bureaucracy of the EU which is an over-layer of domestic bureaucracies.
And, as such, these national systems are barely capable of acting in a coordinated manner normally, no less with the EU enforcing its fiefdoms at the same time in the face of overwhelming strain.
In all situations the primary objective of all organizations is survival. All else is secondary.
The more credible the threat the more extreme their response.
They will dig in to protect against that threat rather then fulfill their stated mission. In the case of the EU that means using this crisis as the excuse to force fiscal integration and monetary reform on those that don’t want it as a means to survive.
Because in a crisis period there is no time for such luxuries as national sovereignty. There isn’t any reflection that the organization itself is the source of the problem. The organization is a default setting.
And now both sides of the fiscal debate are seeing the other for what they are and the result will most likely be an irreparable fracturing of the European Union.
Italy has now seen the true face of the EU. Conte has now tried histrionics to get his bailout, which won’t actually solve anything, because he’s aligned with the Euro-integrationists. What his country needs is a new currency and different leadership.
But he’s held onto power because his opposition would have already broken with the EU.
Like the obsequious worm that he is, instead of doing the right thing, issuing mini-BOTs, to free up domestic liquidity issues, Conte is looking at putting up the whole of the Italian government’s holdings as collateral against new debt to pay for stimulus of Einsteinian proportions.
This is the ultimate sellout of Italy to the EU. As a proposal it is the ultimate betrayal of the Italian people. These buildings and infrastructure are their legacy and they will be sold as collateral to loan sharks as opposed to reclaiming their national dignity.
There is no market for these bonds. So,who will buy them? The ECB.
Who then owns all of this property, ultimately?
The ECB and therefore the EU.
This is a proposal designed for Merkel to take back to home to the Bundestag and sell to the German people. If they bail out Italy, they will get something in return for their risk.
It’ll be just like they did with Greece in 2015, except then it was Germany forcing this upon them rather than the satrap Italian government offering themselves up like lambs.
But even with this desperation attempt to find buyers for their debt, Italy is facing a bleak future without serious reform.
And the odds are about equal at this point as to whether Germany or Italy breaks the EU. Because neither side can live with the other under the other’s terms.
At it’s core, however, this fight is a symbolic one over the continued belief that government can provide the solutions to our problems rather than being the source of them in the first place.
Socialized markets with bureaucratic controls are incapable of reacting in real time to swiftly changing conditions. No amount of helicopter money will change that. No amount of taxation as social engineering tool will create preferred outcomes.
Because remember when you advocate for things like that, you’re putting in charge of those taxes the same people who are mismanaging them now. Our governments aren’t staffed and run by angels. These are the same misinformed, mal-educated, biased, myopic, flawed people as everyone else.
In short, they are human.
And they have the same pretense to knowledge everyone else does. And they will make the same mistakes as everyone else. Under the pressure of outrunning the Abyss the character of the people in charge of the money reveals itself.
All that does is create the false signal of stability while perpetuating systems that are wholly inadequate to the job. COVID-19 has exposed them ruthlessly.
And still the Abyss stares back, like an implacable kidnapper, demanding its payday. Because there is no escaping the it.
So, while you can chuck funny money in there for as long as you want it doesn’t create value. It doesn’t produce sustainable outcomes. It produces theft and graft, it extends the grift, bails out the unproductive and punishes those that honestly went about their business.
Digging holes and filling them in doesn’t produce wealth anymore than breaking a window stimulates aggregate demand for glass.
It just creates an accounting fiction which costs twice as much as having not dug the hole or broken the window in the first place. It may delay the Abyss from swallowing you until tomorrow.
Until, of course, you run out of time.
And then there won’t be enough credit in the world to keep the engine of the world from sputtering and dying. That’s when real leadership is needed.
Reprinted with permission from Gold Goats ‘n Guns.
The Best of Tom Luongo


lewrockwell--2020-04-01--People Dying Equals Coronavirus?

People Dying Equals Coronavirus?

This article is intended for close study .
I urge you not to jump to an early conclusion about what I ’ m proposing here .
For example , I ’ m not ruling out the engineering of a virus .
But an unusual twist is involved .
This article is also part of a larger position .
That position can be defined as : AUTOMATICALLY ASSUMING THE SO-CALLED EPIDEMIC IS CAUSED BY A VIRUS IS INCORRECT .
DON ’ T CLOSE DOWN POSSIBILITY IN ANY ASPECT OF YOUR LIFE .
Garden of Life Raw D3 ... Buy New $ @ @ @ @ @ @ @ Among other subjects , this article comments on the hypothesis that the COVID-19 virus is a modified weaponized germ from a lab , either deliberately or accidentally released .
A general comment : weaponizing a virus as an instrument for causing widespread destruction faces a significant barrier .
From the get-go , viruses mutate very quickly as they replicate .
Therefore , the criminals wouldn ’ t maintain the viral structure they started with .
Ensuring continued lethality would therefore appear to be impossible .
Then there is this : I fully understand @ @ @ @ @ @ @ fiddling and diddling with viruses .
That ’ s their job .
The question , in a given situation , is : are they successful at weaponization , even ignoring the rapid mutation factor I just mentioned ?
THERE IS A MAJOR DIFFERENCE BETWEEN : THEY TRIED TO WEAPONIZE A CORONAVIRUS IN LABS , AND THEY SUCCEEDED AND RELEASED IT .
EVIDENCE FOR THE FORMER , NO MATTER HOW CONVINCING , IS NOT EVIDENCE OF THE LATTER .
Anything is possible , but so far , what I see is this : when @ @ @ @ @ @ @ are sick and dying , I don ’ t see a new germ as the basis .
I ’ ve detailed , in past articles , all the Chinese cases who have been diagnosed for no other reason than they have pneumonia , a traditional disease of major proportions in China .
Studies estimate that roughly 300,000 citizens die of it every year .
Which means there are millions of Chinese people who have develop pneumonia each year .
Furthermore , the Chinese government quickly abandoned the idea of testing for the purported @ @ @ @ @ @ @ lungs .
A finding of pneumonia was sufficient for a diagnosis of an “ epidemic case.
” That is absurd on its face .
Pneumonia has many causes , none of which requires a new virus .
Then we have the cases in Italy , the second largest reservoir of the so-called epidemic .
Here , the deaths occur massively on the side of the elderly , who already have serious prior medical conditions , long term .
In the reports issued by the Italian government so far , the people dying are @ @ @ @ @ @ @ ” but the conclusion is they ’ re dying because of their prior medical conditions .
The conventional wisdom , often spouted , is : “ the coronavirus strikes the elderly , who are less able than the young to ward it off.
” This is a misnomer , deployed to cover up the reality that the elderly are passing away , as they usually do , from the illnesses they already have—no need for a new virus .
I ’ ve also discussed deaths in Australia and the state of Washington .
@ @ @ @ @ @ @ .
As in Italy , add up their long-term diseases ; the treatment of those diseases with toxic medical drugs ; the fear engendered by the diagnosis of “ COVID ” ; sudden isolation from family and friends ; the use of breathing ventilators , which have their own set of adverse effects , including bacterial pneumonia ; and new treatment with toxic antiviral drugs , to “ fight the virus ” ; and you have a terribly potent array of factors which account for the elderly dying .
No need for a @ @ @ @ @ @ @ Suzanne Humphries MD , ... Best Price : $ 19.24 Buy New $ 17.17 As I ’ ve detailed in past articles , flu-like diseases ( quite often , with no evidence of a flu virus ) are traditional in Europe and the US .
Their symptoms overlap the symptoms listed for so-called COVID .
In recent years , there have been huge numbers of such people with these flu-like illnesses , and many have died—before the emergence of the so-called COVID virus .
Again , no need for a unique new virus @ @ @ @ @ @ @ case numbers of COVID are concerned , a large percentage of these people have been diagnosed purely on the basis of their symptoms , with no test , or via the accepted diagnostic test , called PCR .
I ’ ll cover that test in a moment .
Suffice to say , it fails to prove illness is stemming from COVID virus or any virus—but it does create a picture of supposedly swelling case numbers .
In a recent article , I ’ ve quoted the literature of official public health authorities , @ @ @ @ @ @ @ flaws .
Then we have unexplained relatively small clusters of people who appear to be suddenly falling ill. A closer examination of these people is necessary , to see whether they , in fact , ARE “ sudden and unexplained.
” If they are , I would suggest investigating whether the rollout of new 5G wireless technology at 60GHz is occurring in those locales .
It is possible 5G is causing oxygen deprivation , among other serious effects .
And rather than an engineered virus—which has unpredictable effects owing to its rapid mutation—if @ @ @ @ @ @ @ , I suggest that , to cause sensational alarm and bafflement and “ proof ” that a mysterious event is underway , the intentional seeding of locales with little-known toxic chemicals would be the action undertaken .
The effects of chemicals are far more predictable in terms of intensity and duration , and if no one is specifically looking for them , they are undetectable .
Finally , in major cities of China ( e.g.
, Wuhan ) and Italy ( particularly in the north ) , highly toxic air quality has been @ @ @ @ @ @ @ ” for some years .
This alone would account for huge numbers of people suffering from all sorts of lung conditions , including pneumonia .
Pneumonia is one of the cardinal listed symptoms of the “ epidemic.
” In China , the mix of toxic pollutants in the air is unprecedented in human history , spanning both early and modern eras of industrialization .
Conclusion : All in all , I would say that , if a weaponized coronavirus has been achieved , and then released or accidentally leaked , it is not @ @ @ @ @ @ @ what is being called COVID is explained by the causative factors I ’ ve just presented .
In fact , if we want to talk about engineered viruses—including what would probably be an easier technical job in the lab—the most successful operation would involve slightly altering a common coronavirus to cause nothing more than a common cold .
Then , with a “ self-fulfilling prophecy ” diagnostic test in hand , people all over the world would test positive ; many case numbers would thus be created ; and with the non-virus illness-causes @ @ @ @ @ @ @ illusion of a global pandemic would be stitched together—all leading to the real goal : LOCKDOWNS , economic destruction , and the further pacification of the population .
A bereft population more dependent than ever on governments and official authorities .
A dazed population guided into a heavily technocratic future—wall to wall surveillance , smart cities , Internet of Things , universal guaranteed income tied to social credit score .
Most importantly : Assigned energy quotas for every citizen .
CONTROL .
RESTORE Sinus Spray | ... Buy New $ 14.95 Moving on @ @ @ @ @ @ @ has the COVID virus ever actually been DISCOVERED and isolated there by proper procedures ?
As I ’ ve written in another article , COVID-19 lacks correct proof in that regard .
What I believe is the best method for that job—traditional electron microscope studies on HUNDREDS OF PATIENTS , in a side-by-side controlled test—was never done at the outset .
This is convenient , to say the least , if in fact a common coronavirus has been engineered to cause nothing more than a cold .
The absence of true isolation and @ @ @ @ @ @ @ in under the radar .
The widespread diagnostic test for the COVID virus now in use , called the PCR , falls far short of proving that ANY person is sick or will get sick .
In other articles , I have proposed a vetting process for the PCR—which should have been done decades ago—in order to show it works or doesn ’ t work in the real world .
This vetting procedure would be suggested by any college science student as obvious and necessary .
It has never been carried out .
@ @ @ @ @ @ @ that a huge quantity of virus , actively replicating in the human body , is present—and therefore , the patient would , in the real world , be sick .
Carrying out such a test , on hundreds of patients , in a controlled and blinded setting , AND THEN SEEING WHETHER THE TEST DOES POINT TO ACTUALLY SICK PEOPLE , has never been done .
Therefore , claiming the test confirms that COVID virus is causing great damage is unsupported .
This , too , is quite convenient , if a common @ @ @ @ @ @ @ common cold has been engineered .
In that situation , you would want a diagnostic test that can ’ t predict or detect serious illness , because the virus doesn ’ t cause serious illness .
The virus is only there as a prop , to create the illusion of case numbers stemming from one source : a harmless COVID-19 VIRUS .
Now , let ’ s move on to the effects of propaganda .
People say : patients are sick and dying all over the world—so IT MUST BE THE VIRUS .
@ @ @ @ @ @ @ worked out the fact that the effect does not prove the cause .
The effect ( people sick and dying ) does not prove the cause ( COVID virus ) .
And history matters .
It offers clues and precedents .
We ’ ve seen dud epidemics in the past blamed on a virus , and yet , embarrassingly , the virus couldn ’ t be found .
BUT WHO CARES , PEOPLE SAY , moved by propaganda .
IT MUST BE THE VIRUS .
( See my articles on SARS and Swine @ @ @ @ @ @ @ people dying .
How many people ?
Unknown .
Massive lockdowns of Chinese cities .
Citizens trying to escape .
For the global audience , this equals coronavirus , not because they know the virus is the cause—proof is beside the point .
The virus is the cause because IT MUST BE .
WHAT ELSE COULD IT BE ?
When brutal air pollution in Wuhan obviously brings on lung disease ; and when the primary symptom of the coronavirus is supposed to be lung disease ; and when citizens of the city have @ @ @ @ @ @ @ disease long before the virus appeared—does this matter ?
OF COURSE NOT .
IT MUST BE THE VIRUS .
Propaganda .
When governments and corporations have been using THE VIRUS as a cover story to obscure and explain away their crimes against populations , for decades and decades—does this matter ?
When previous so-called epidemics—for example , West Nile , SARS , Zika , and Swine Flu—turned out to be complete unproven duds—does this history matter ?
OF COURSE NOT .
IT HAS TO BE THE VIRUS .
WHAT ELSE COULD IT BE @ @ @ @ @ @ @ watched by millions of people says CORONAVIRUS .
Therefore , case closed .
In 2009 , in La Gloria , Mexico , on a giant commercial pig farm , pig feces and urine are allowed to bake and steam and bubble in the sun .
These deposits are called lagoons .
They ’ re so large , you can see them from outer space .
Toxic chemicals are routinely sprayed and laid out like whipped cream on the lagoons .
Workers are falling ill. New workers are brought in to spray even more @ @ @ @ @ @ @ the Centers for Disease Control sends in their tuned-up virus hunters to look for the germ causing the “ mysterious ” illness .
They claim to find a Swine Flu virus .
IT MUST BE THE VIRUS .
WHAT ELSE COULD IT BE ?
THE DECAYING PIG SHIT AND URINE ?
The layers of poisonous chemicals ?
Don ’ t be ridiculous .
Later , in the summer of 2009 , CBS investigative reporter Sharyl Attkisson discovers that the overwhelming percentage of tissue samples from US Swine Flu patients are coming back from @ @ @ @ @ @ @ OF FLU .
The virus isn ’ t there .
And yet , of course , we have this , written in the summer of 2009 : From healthwyze.org : “ The U.S. Patent and Trademark Office has a patent for , Genetically Engineered Swine Influenza Virus and Uses Thereof ( patent # 8124101 ) .
It was filed in 2005 for approval .
The makers of the human variant of the swine flu virus waited until the patent was finally approved in January of 2009 , before unleashing the virus into the @ @ @ @ @ @ @ flu vaccine had begun the lengthy patenting process long before the swine flu supposedly existed , which means that the outbreak was no accident , and the virus is clearly not natural .
Patents only apply to man-made items , and natural things can not be patented .
The virus conveniently went public only after its vaccine patent was approved , after patiently waiting 3 years for that to happen .
The pandemic was declared just five months after the patent was approved , in June of 2009 .
The tremendous hysteria following @ @ @ @ @ @ @ groups who had invented this genetically engineered virus .
The word ‘ invented ’ was actually used to describe the virus in the patent application.
” What do you know about that ?
Back then , there were reports that the Swine Flu Virus—which couldn ’ t even be found in the overwhelmingly number of US patients—was actually a biowarfare germ .
Sound familiar ?
Swine Flu was a DUD .
Another epidemic that was going to infect the world ?
West Nile Virus .
Another dud .
But here from an old @ @ @ @ @ @ @ theories [ about West Nile ] has deterred Vermont Senator Patrick Leahy from urging federal officials to determine if the introduction of WN virus is a terrorist attack .
On September 12 , 2002 , Leahy declared : ‘ I think we have to ask ourselves : Is it a coincidence that we ’ re seeing such an increase in WN virus – or is that something that ’ s being tested as a biological weapon against us ’ .
” Sound familiar ?
And here , from an old article at rediff.com @ @ @ @ @ @ @ , SARS 2003 ( 800 people died out of 7 billion , and WHO researcher , Frank Plummer , told the press they couldn ’ t even find the virus in all but a few Canadian patients ) : “ The virus of atypical pneumonia , better known as SARS , or Severe Acute Respiratory Syndrome , was created artificially , possibly as a bacteriological weapon , Sergei Kolesnikov , academician of the Russian Academy of Medical Sciences , told a press conference in the Siberian town of Irkutsk on Thursday , the @ @ @ @ @ @ @ “ According to Kolesnikov , the virus of atypical pneumonia is a synthesis of the viruses of measles and infectious parotiditis or mumps , the natural compound of which is impossible .
This can be done only in a laboratory , he said.
” “ Kolesnikov added that in creating bacteriological weapons , a protective anti-viral vaccine is , as a rule , worked out at the same time , so a medicine for atypical pneumonia may soon appear.
” “ He did not , however , rule out the possibility that the @ @ @ @ @ @ @ result of “ an unsanctioned leakage ” from a biological weapons laboratory.
” Sound familiar ?
And yet the “ epidemic ” was a dud .
I would take these duds , and the concomitant warnings of engineered pandemic viruses , as further evidence that , if any engineering was going on , it was the “ lite ” version I ’ ve described in reference to COVID-19 : the duds were previous attempts to stitch together the illusion of a pandemic—attempts that fell short of success , or were designed as smaller @ @ @ @ @ @ @ have now .
The ceaseless propaganda promoting “ deadly viruses ” is essential to creating the pandemic illusion…and sometimes you can see through the illusion in graphic terms .
Quite , quite clearly .
In 1987 , a doctor calls me , while I ’ m writing my first book , AIDS INC .
He tells me he ’ s built a small AIDS clinic where a group of poverty-stricken patients can rest in clean surroundings , eat nutritious food , and grow beans and sell them for a small amount of money @ @ @ @ @ @ @ ’ s given his patients no medical treatment .
He knows that THE VIRUS , HIV , is said to be a remorseless killer .
But , he tells me , all his patients have recovered ; they no longer have symptoms .
They ’ re healthy .
He ’ s puzzled , confused , and distraught .
He asks me , “ What should I do next ?
” He knows the AIDS drugs are highly toxic .
He senses that giving them to his now-healthy patients would bring on a disaster @ @ @ @ @ @ @ to the propaganda masquerading as science , IT MUST BE THE VIRUS .
WHAT ELSE COULD BE CAUSING THESE PEOPLE TO BECOME SICK IN THE FIRST PLACE ?
Drinking the water in their villages—water mixed directly with sewage ?
Hunger ?
Starvation ?
Toxic vaccines pushing their depleted immune systems over the edge of the cliff ?
Don ’ t be ridiculous .
IT MUST BE HIV .
In an interview , a famous New York doctor tells me all scientists agree that HIV is the cause of AIDS because , well , @ @ @ @ @ @ @ can ’ t get their findings published .
He ’ s telling me all VISIBLE scientists agree .
Several years ago , during the Zika virus hysteria ( another dud epidemic , of microcephaly , that surely would “ decimate populations ” ) , researchers in the epicenter , in Brazil , report that only between 10 and 15 percent of Zika patients have any trace of the virus—they can ’ t find it in the other patients .
This amounts to a bald confession that Zika is eliminated as the cause of @ @ @ @ @ @ @ one listens .
IT MUST BE THE VIRUS .
WHAT ELSE COULD IT BE ?
Well , it turns out it could be ANY INJURY OF ANY KIND TO A PREGNANT MOTHER—causing her baby to be born with a smaller head and brain damage , called microcephaly .
But here , in a 2016 article from thesleuthjournal.com , we have this : “ It ’ s [ Zika virus ] being spread by genetically engineered mosquitos .
Is it the latest example of US biowarfare ?
America ’ s sordid history suggests it.
@ @ @ @ @ @ @ that fashion , it wasn ’ t working to cause disease .
It was a failure .
But as propaganda , it was a success .
And of course , the World Health organization hit the hysteria button at the time with their own brand of propaganda .
From marketwatch.com , January 28 , 2016 : “ The World Health Organization will convene an emergency committee in Geneva on Monday to discuss the mosquito-borne Zika virus , which the organization ’ s head said is spreading ‘ explosively ’ and which many doctors @ @ @ @ @ @ @ an unprecedented outbreak of babies born with small heads in Brazil… ’ The level of alarm is extremely high , ’ WHO Director-General Margaret Chan said in remarks to the public-health agency ’ s executive board…WHO ’ s announcement underscores the speed with which a virus that began as an obscure tropical malady afflicting Africa and then several remote Western Pacific islands has transformed into a major international health concern , particularly in the Americas.
” Dud .
If WHO could squeeze out more fear , NOW , in 2020 , about an @ @ @ @ @ @ @ you think they would ?
Even THEY ’ VE given up the ghost on that campaign .
Meaning : they achieved their goal of creating alarm and public acceptance of THE VIRUS one more time .
No need to go further for the moment .
The key event in the current COVID operation was the sudden Chinese government lockdown of 50 million citizens overnight in three major cities .
That was the signal the CDC and the World Health Organization received with open arms .
“ Well , they broke the ice .
@ @ @ @ @ @ @ waiting for .
This is now a model we can sell .
Lockdowns on a massive scale.
” And they did sell it .
As I discovered in 1987 , when I was researching AIDS , the basic epidemic con involves grouping all sorts of people and groups who are suffering from different traditional diseases , environmental toxicities , and certain new NON-VIRUS conditions UNDER ONE UMBRELLA LABEL .
And then saying they ’ re all sick because of one virus .
That is the central illusion .
Finally , I need to @ @ @ @ @ @ @ of viruses on humans .
These effects have been vastly overrated .
Consider the proponents of the so-called “ hot zone ” hypothesis .
For many years , they ’ ve claimed that viruses coming out of rainforests and traveling , in the modern age , to distant countries would cause horrific consequences—in the form of a cascade of MANY new diseases .
Why ?
Because the immune systems of people , unacquainted with these novel germs , would lack the capacity to ward them off .
But that prediction has not come @ @ @ @ @ @ @ have also failed to mention that the reverse vector of travel should also result in massive epidemics : in other words , viruses which are routinely carried by Americans and Europeans—and cause them no harm—should be decimating native peoples in rainforests , since the “ more civilized ” people travel in great numbers into jungles .
The decimation has not come to pass .
Native peoples have been uprooted and damaged by industry , but they haven ’ t been wiped out by American or European viruses .
In fact , when you @ @ @ @ @ @ @ locales tend to have their own viruses which are endemic and harmless to locals , but when carried to other lands , should be wreaking havoc .
But they aren ’ t .
We should all be dead many times over .
But we aren ’ t .
The hot zone fear stories should also be dead by now .
But they still attract adherents .
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This article is intended for close study. I urge you not to jump to an early conclusion about what I’m proposing here. For example, I’m not ruling out the engineering of a virus. But an unusual twist is involved.
This article is also part of a larger position. That position can be defined as:
AUTOMATICALLY ASSUMING THE SO-CALLED EPIDEMIC IS CAUSED BY A VIRUS IS INCORRECT.
THE TRUTH DOESN’T SUPPORT FEAR.
FEAR IS SELF-DEFEATING.
FEAR CLOSES DOWN POSSIBILITY.
DON’T CLOSE DOWN POSSIBILITY IN ANY ASPECT OF YOUR LIFE. Garden of Life Raw D3 ... Buy New $19.44 ($0.32 / Count) (as of 04:40 UTC - Details)
Among other subjects, this article comments on the hypothesis that the COVID-19 virus is a modified weaponized germ from a lab, either deliberately or accidentally released.
A general comment: weaponizing a virus as an instrument for causing widespread destruction faces a significant barrier. From the get-go, viruses mutate very quickly as they replicate. Therefore, the criminals wouldn’t maintain the viral structure they started with. Ensuring continued lethality would therefore appear to be impossible.
Then there is this: I fully understand that researchers in certain labs are always fiddling and diddling with viruses. That’s their job. The question, in a given situation, is: are they successful at weaponization, even ignoring the rapid mutation factor I just mentioned?
THERE IS A MAJOR DIFFERENCE BETWEEN: THEY TRIED TO WEAPONIZE A CORONAVIRUS IN LABS, AND THEY SUCCEEDED AND RELEASED IT. EVIDENCE FOR THE FORMER, NO MATTER HOW CONVINCING, IS NOT EVIDENCE OF THE LATTER.
Anything is possible, but so far, what I see is this: when I add up all the reasons people are sick and dying, I don’t see a new germ as the basis.
I’ve detailed, in past articles, all the Chinese cases who have been diagnosed for no other reason than they have pneumonia, a traditional disease of major proportions in China. Studies estimate that roughly 300,000 citizens die of it every year. Which means there are millions of Chinese people who have develop pneumonia each year. Furthermore, the Chinese government quickly abandoned the idea of testing for the purported coronavirus—favoring instead, CT scans of the lungs. A finding of pneumonia was sufficient for a diagnosis of an “epidemic case.” That is absurd on its face. Pneumonia has many causes, none of which requires a new virus.
Then we have the cases in Italy, the second largest reservoir of the so-called epidemic. Here, the deaths occur massively on the side of the elderly, who already have serious prior medical conditions, long term. In the reports issued by the Italian government so far, the people dying are said to “have the virus,” but the conclusion is they’re dying because of their prior medical conditions.
The conventional wisdom, often spouted, is: “the coronavirus strikes the elderly, who are less able than the young to ward it off.” This is a misnomer, deployed to cover up the reality that the elderly are passing away, as they usually do, from the illnesses they already have—no need for a new virus.
I’ve also discussed deaths in Australia and the state of Washington. Again, it’s elderly people. As in Italy, add up their long-term diseases; the treatment of those diseases with toxic medical drugs; the fear engendered by the diagnosis of “COVID”; sudden isolation from family and friends; the use of breathing ventilators, which have their own set of adverse effects, including bacterial pneumonia; and new treatment with toxic antiviral drugs, to “fight the virus”; and you have a terribly potent array of factors which account for the elderly dying. No need for a new virus. Dissolving Illusions: ... Bystrianyk, Roman Best Price: $38.50 Buy New $21.60 (as of 11:00 UTC - Details)
As I’ve detailed in past articles, flu-like diseases (quite often, with no evidence of a flu virus) are traditional in Europe and the US. Their symptoms overlap the symptoms listed for so-called COVID. In recent years, there have been huge numbers of such people with these flu-like illnesses, and many have died—before the emergence of the so-called COVID virus. Again, no need for a unique new virus.
And as far as overall global case numbers of COVID are concerned, a large percentage of these people have been diagnosed purely on the basis of their symptoms, with no test, or via the accepted diagnostic test, called PCR. I’ll cover that test in a moment. Suffice to say, it fails to prove illness is stemming from COVID virus or any virus—but it does create a picture of supposedly swelling case numbers. In a recent article, I’ve quoted the literature of official public health authorities, who themselves admit the test has fatal flaws.
Then we have unexplained relatively small clusters of people who appear to be suddenly falling ill. A closer examination of these people is necessary, to see whether they, in fact, ARE “sudden and unexplained.” If they are, I would suggest investigating whether the rollout of new 5G wireless technology at 60GHz is occurring in those locales. It is possible 5G is causing oxygen deprivation, among other serious effects. And rather than an engineered virus—which has unpredictable effects owing to its rapid mutation—if we’re looking for sinister operations, I suggest that, to cause sensational alarm and bafflement and “proof” that a mysterious event is underway, the intentional seeding of locales with little-known toxic chemicals would be the action undertaken. The effects of chemicals are far more predictable in terms of intensity and duration, and if no one is specifically looking for them, they are undetectable.
Finally, in major cities of China (e.g., Wuhan) and Italy (particularly in the north), highly toxic air quality has been far more than “a serious problem” for some years. This alone would account for huge numbers of people suffering from all sorts of lung conditions, including pneumonia. Pneumonia is one of the cardinal listed symptoms of the “epidemic.” In China, the mix of toxic pollutants in the air is unprecedented in human history, spanning both early and modern eras of industrialization.
Conclusion: All in all, I would say that, if a weaponized coronavirus has been achieved, and then released or accidentally leaked, it is not a success. Far too much of what is being called COVID is explained by the causative factors I’ve just presented.
In fact, if we want to talk about engineered viruses—including what would probably be an easier technical job in the lab—the most successful operation would involve slightly altering a common coronavirus to cause nothing more than a common cold. Then, with a “self-fulfilling prophecy” diagnostic test in hand, people all over the world would test positive; many case numbers would thus be created; and with the non-virus illness-causes I’ve just described, the illusion of a global pandemic would be stitched together—all leading to the real goal: LOCKDOWNS, economic destruction, and the further pacification of the population. A bereft population more dependent than ever on governments and official authorities. A dazed population guided into a heavily technocratic future—wall to wall surveillance, smart cities, Internet of Things, universal guaranteed income tied to social credit score. Most importantly: Assigned energy quotas for every citizen. CONTROL. RESTORE Sinus Spray | ... Buy New $14.95 (as of 09:29 UTC - Details)
Moving on from biowar labs to ordinary labs, has the COVID virus ever actually been DISCOVERED and isolated there by proper procedures? As I’ve written in another article, COVID-19 lacks correct proof in that regard. What I believe is the best method for that job—traditional electron microscope studies on HUNDREDS OF PATIENTS, in a side-by-side controlled test—was never done at the outset. This is convenient, to say the least, if in fact a common coronavirus has been engineered to cause nothing more than a cold. The absence of true isolation and discovery permits such a virus to slip in under the radar.
The widespread diagnostic test for the COVID virus now in use, called the PCR, falls far short of proving that ANY person is sick or will get sick. In other articles, I have proposed a vetting process for the PCR—which should have been done decades ago—in order to show it works or doesn’t work in the real world. This vetting procedure would be suggested by any college science student as obvious and necessary. It has never been carried out. It involves proving the test can determine that a huge quantity of virus, actively replicating in the human body, is present—and therefore, the patient would, in the real world, be sick. Carrying out such a test, on hundreds of patients, in a controlled and blinded setting, AND THEN SEEING WHETHER THE TEST DOES POINT TO ACTUALLY SICK PEOPLE, has never been done. Therefore, claiming the test confirms that COVID virus is causing great damage is unsupported. This, too, is quite convenient, if a common coronavirus that causes nothing more than a common cold has been engineered. In that situation, you would want a diagnostic test that can’t predict or detect serious illness, because the virus doesn’t cause serious illness. The virus is only there as a prop, to create the illusion of case numbers stemming from one source: a harmless COVID-19 VIRUS.
Now, let’s move on to the effects of propaganda.
People say: patients are sick and dying all over the world—so IT MUST BE THE VIRUS. WHAT ELSE COULD IT BE? Aristotle worked out the fact that the effect does not prove the cause. The effect (people sick and dying) does not prove the cause (COVID virus).
And history matters. It offers clues and precedents. We’ve seen dud epidemics in the past blamed on a virus, and yet, embarrassingly, the virus couldn’t be found. BUT WHO CARES, PEOPLE SAY, moved by propaganda. IT MUST BE THE VIRUS. (See my articles on SARS and Swine Flu 2009.)
—People sick, people dying. How many people? Unknown. Massive lockdowns of Chinese cities. Citizens trying to escape. For the global audience, this equals coronavirus, not because they know the virus is the cause—proof is beside the point. The virus is the cause because IT MUST BE. WHAT ELSE COULD IT BE?
When brutal air pollution in Wuhan obviously brings on lung disease; and when the primary symptom of the coronavirus is supposed to be lung disease; and when citizens of the city have been falling ill and dying from lung disease long before the virus appeared—does this matter?
OF COURSE NOT. IT MUST BE THE VIRUS. Propaganda.
When governments and corporations have been using THE VIRUS as a cover story to obscure and explain away their crimes against populations, for decades and decades—does this matter?
When previous so-called epidemics—for example, West Nile, SARS, Zika, and Swine Flu—turned out to be complete unproven duds—does this history matter?
OF COURSE NOT. IT HAS TO BE THE VIRUS. WHAT ELSE COULD IT BE?
A face on a television screen watched by millions of people says CORONAVIRUS. Therefore, case closed.
In 2009, in La Gloria, Mexico, on a giant commercial pig farm, pig feces and urine are allowed to bake and steam and bubble in the sun. These deposits are called lagoons. They’re so large, you can see them from outer space. Toxic chemicals are routinely sprayed and laid out like whipped cream on the lagoons. Workers are falling ill. New workers are brought in to spray even more toxic chemicals. Workers die. Then the Centers for Disease Control sends in their tuned-up virus hunters to look for the germ causing the “mysterious” illness. They claim to find a Swine Flu virus. IT MUST BE THE VIRUS. WHAT ELSE COULD IT BE? THE DECAYING PIG SHIT AND URINE? The layers of poisonous chemicals? Don’t be ridiculous.
Later, in the summer of 2009, CBS investigative reporter Sharyl Attkisson discovers that the overwhelming percentage of tissue samples from US Swine Flu patients are coming back from labs with no sign of ANY KIND OF FLU. The virus isn’t there.
And yet, of course, we have this, written in the summer of 2009: From healthwyze.org: “The U.S. Patent and Trademark Office has a patent for, Genetically Engineered Swine Influenza Virus and Uses Thereof (patent #8124101). It was filed in 2005 for approval. The makers of the human variant of the swine flu virus waited until the patent was finally approved in January of 2009, before unleashing the virus into the wild. The makers of the swine flu vaccine had begun the lengthy patenting process long before the swine flu supposedly existed, which means that the outbreak was no accident, and the virus is clearly not natural. Patents only apply to man-made items, and natural things cannot be patented. The virus conveniently went public only after its vaccine patent was approved, after patiently waiting 3 years for that to happen. The pandemic was declared just five months after the patent was approved, in June of 2009. The tremendous hysteria following the outbreak was promoted by the same groups who had invented this genetically engineered virus. The word ‘invented’ was actually used to describe the virus in the patent application.”
What do you know about that? Back then, there were reports that the Swine Flu Virus—which couldn’t even be found in the overwhelmingly number of US patients—was actually a biowarfare germ. Sound familiar? Swine Flu was a DUD.
Another epidemic that was going to infect the world? West Nile Virus. Another dud. But here from an old whale.to article: “None of these theories [about West Nile] has deterred Vermont Senator Patrick Leahy from urging federal officials to determine if the introduction of WN virus is a terrorist attack. On September 12, 2002, Leahy declared: ‘I think we have to ask ourselves: Is it a coincidence that we’re seeing such an increase in WN virus – or is that something that’s being tested as a biological weapon against us’.” Sound familiar?
And here, from an old article at rediff.com, a piece about another epidemic dud, SARS 2003 (800 people died out of 7 billion, and WHO researcher, Frank Plummer, told the press they couldn’t even find the virus in all but a few Canadian patients): “The virus of atypical pneumonia, better known as SARS, or Severe Acute Respiratory Syndrome, was created artificially, possibly as a bacteriological weapon, Sergei Kolesnikov, academician of the Russian Academy of Medical Sciences, told a press conference in the Siberian town of Irkutsk on Thursday, the Russian RIA Novosti news agency reported.”
“According to Kolesnikov, the virus of atypical pneumonia is a synthesis of the viruses of measles and infectious parotiditis or mumps, the natural compound of which is impossible. This can be done only in a laboratory, he said.”
“Kolesnikov added that in creating bacteriological weapons, a protective anti-viral vaccine is, as a rule, worked out at the same time, so a medicine for atypical pneumonia may soon appear.”
“He did not, however, rule out the possibility that the virus could have spread accidentally as a result of “an unsanctioned leakage” from a biological weapons laboratory.”
Sound familiar? And yet the “epidemic” was a dud.
I would take these duds, and the concomitant warnings of engineered pandemic viruses, as further evidence that, if any engineering was going on, it was the “lite” version I’ve described in reference to COVID-19: the duds were previous attempts to stitch together the illusion of a pandemic—attempts that fell short of success, or were designed as smaller test runs leading up to what we have now.
The ceaseless propaganda promoting “deadly viruses” is essential to creating the pandemic illusion…and sometimes you can see through the illusion in graphic terms. Quite, quite clearly. In 1987, a doctor calls me, while I’m writing my first book, AIDS INC. He tells me he’s built a small AIDS clinic where a group of poverty-stricken patients can rest in clean surroundings, eat nutritious food, and grow beans and sell them for a small amount of money. This doctor is mainstream. He’s given his patients no medical treatment. He knows that THE VIRUS, HIV, is said to be a remorseless killer. But, he tells me, all his patients have recovered; they no longer have symptoms. They’re healthy. He’s puzzled, confused, and distraught. He asks me, “What should I do next?” He knows the AIDS drugs are highly toxic. He senses that giving them to his now-healthy patients would bring on a disaster. Oh but you see, according to the propaganda masquerading as science, IT MUST BE THE VIRUS. WHAT ELSE COULD BE CAUSING THESE PEOPLE TO BECOME SICK IN THE FIRST PLACE? Drinking the water in their villages—water mixed directly with sewage? Hunger? Starvation? Toxic vaccines pushing their depleted immune systems over the edge of the cliff? Don’t be ridiculous. IT MUST BE HIV.
In an interview, a famous New York doctor tells me all scientists agree that HIV is the cause of AIDS because, well, the scientists who don’t agree can’t get their findings published. He’s telling me all VISIBLE scientists agree.
Several years ago, during the Zika virus hysteria (another dud epidemic, of microcephaly, that surely would “decimate populations”), researchers in the epicenter, in Brazil, report that only between 10 and 15 percent of Zika patients have any trace of the virus—they can’t find it in the other patients. This amounts to a bald confession that Zika is eliminated as the cause of disease in pregnant women. But no one listens. IT MUST BE THE VIRUS. WHAT ELSE COULD IT BE?
Well, it turns out it could be ANY INJURY OF ANY KIND TO A PREGNANT MOTHER—causing her baby to be born with a smaller head and brain damage, called microcephaly.
But here, in a 2016 article from thesleuthjournal.com, we have this: “It’s [Zika virus] being spread by genetically engineered mosquitos. Is it the latest example of US biowarfare? America’s sordid history suggests it.”
If it was being spread in that fashion, it wasn’t working to cause disease. It was a failure. But as propaganda, it was a success.
And of course, the World Health organization hit the hysteria button at the time with their own brand of propaganda. From marketwatch.com, January 28, 2016: “The World Health Organization will convene an emergency committee in Geneva on Monday to discuss the mosquito-borne Zika virus, which the organization’s head said is spreading ‘explosively’ and which many doctors and health officials believe is linked to an unprecedented outbreak of babies born with small heads in Brazil…’The level of alarm is extremely high,’ WHO Director-General Margaret Chan said in remarks to the public-health agency’s executive board…WHO’s announcement underscores the speed with which a virus that began as an obscure tropical malady afflicting Africa and then several remote Western Pacific islands has transformed into a major international health concern, particularly in the Americas.”
Dud. If WHO could squeeze out more fear, NOW, in 2020, about an ever-expanding Zika crisis, don’t you think they would? Even THEY’VE given up the ghost on that campaign. Meaning: they achieved their goal of creating alarm and public acceptance of THE VIRUS one more time. No need to go further for the moment.
The key event in the current COVID operation was the sudden Chinese government lockdown of 50 million citizens overnight in three major cities. That was the signal the CDC and the World Health Organization received with open arms.
“Well, they broke the ice. This is what we’ve been waiting for. This is now a model we can sell. Lockdowns on a massive scale.”
And they did sell it.
As I discovered in 1987, when I was researching AIDS, the basic epidemic con involves grouping all sorts of people and groups who are suffering from different traditional diseases, environmental toxicities, and certain new NON-VIRUS conditions UNDER ONE UMBRELLA LABEL. And then saying they’re all sick because of one virus. That is the central illusion.
Finally, I need to make a general comment about the effects of viruses on humans. These effects have been vastly overrated. Consider the proponents of the so-called “hot zone” hypothesis. For many years, they’ve claimed that viruses coming out of rainforests and traveling, in the modern age, to distant countries would cause horrific consequences—in the form of a cascade of MANY new diseases.
Why? Because the immune systems of people, unacquainted with these novel germs, would lack the capacity to ward them off. But that prediction has not come to pass.
The hot zone advocates have also failed to mention that the reverse vector of travel should also result in massive epidemics: in other words, viruses which are routinely carried by Americans and Europeans—and cause them no harm—should be decimating native peoples in rainforests, since the “more civilized” people travel in great numbers into jungles. The decimation has not come to pass. Native peoples have been uprooted and damaged by industry, but they haven’t been wiped out by American or European viruses.
In fact, when you think about it, all countries and locales tend to have their own viruses which are endemic and harmless to locals, but when carried to other lands, should be wreaking havoc.
But they aren’t. We should all be dead many times over. But we aren’t.
The hot zone fear stories should also be dead by now. But they still attract adherents.
Reprinted with permission from Jon Rappoport’s blog.
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