investmentwatchblog--2020-08-24--US Judge Urges Supreme Court To End US Police State It Imposes

This article reports important news-events that are not being reported in America ’ s mainstream news-media and that are crucial for understanding both the murder of George Floyd and the current U.S. Presidential contest : A black U.S. District Court Judge in Mississippi — one of America ’ s most bigoted-against-Blacks states — issued on August 4th a 72-page decision , Jamison v. McClendon , containing a plea for the U.S. Supreme Court to discontinue its imposition of police legal immunity when police are being accused of — while on the job — having violated Constitutionally guaranteed rights of American @ @ @ @ @ @ @ persons — such as George Floyd ) .
Legally immune police is what defines a police state ; and , so , this was a black judge ’ s request for the U.S. Supreme Court to end the existing police state it imposes in America — to end a police state that this judge attributed to ( and which he documented to have been produced by ) choices that the U.S. Supreme Court itself had made , and that only they therefore can possibly reverse .
His basic point was that nothing which @ @ @ @ @ @ @ U.S. Constitution is Constitutional , and that therefore these U.S. Supreme Court decisions themselves violate the U.S. Constitution , and should therefore be reversed by the U.S. Supreme Court , which created this situation of legal immunity for police misconduct .
The decision by this judge , Carlton W. Reeves , asserted : “ The Constitution says everyone is entitled to equal protection of the law — even at the hands of law enforcement .
Over the decades , however , judges [ at the U.S. Supreme Court ] have invented a legal @ @ @ @ @ @ @ having to face any consequences for wrongdoing .
The doctrine is called ‘ qualified immunity.
’ In real life it operates like absolute immunity.
” Because of U.S. Supreme Court rulings , he had to — in the particular case at hand that he was ruling on — grant a police officer ’ s “ qualified immunity ” from prosecution , regardless of what is Constitutional , or even justice in any meaningful sense .
Implicitly , he is saying , in this ruling , that because of the existing legal tradition of @ @ @ @ @ @ @ tradition — and especially of doing so when the prior rulings come from a higher court , most especially from the U.S. Supreme Court — he is required , in the present case , to issue a ruling that violates the U.S. Constitution itself .
And so , he did that , he admits .
This is an exceptionally bold ruling , far beyond what is normal .
Basically , he says that in order for him not to be reversed on appeal , he had to rule against the U.S. Constitution , @ @ @ @ @ @ @ ruling on .
He was pleading with the U.S. Supreme Court to end this , so that judges in the lower courts will be able to enforce — instead of compelled to violate — the Constitution .
This ruling by judge Reeves was extremely tactful , such as by its saying , “ A review of our qualified immunity precedent makes clear that the Court [ he pointedly didn ’ t say `` the Supreme Court , ” but that ’ s what he was actually referring to ] has dispensed with any @ @ @ @ @ @ @ [ meaning that only police are protected , their victims are not — the public is being jeopardized — by these decisions from the U.S. Supreme Court ] Then , Reeves went on to say , “ Our courts [ h [ he was referring here to today ’ s U.S. Supreme Court ] ave shielded a police officer who shot a child while the officer was attempting to shoot the family dog.117.
” That was a case which had been only recently decided by the U.S. Supreme Court , on June 15th @ @ @ @ @ @ @ Court was ignored by the nation ’ s press , since that decision exposes how totalitarian this country has actually become .
That Supreme Court decision , which ( especially because of the recent headlines about the George Floyd murder case ) should have been front-page news throughout the country , was instead hidden from the public by the ‘ news ’ -media , though that decision — and the others which were similarly dismissed that day on the very same ground of “ qualified immunity ” of police officers — probably constituted @ @ @ @ @ @ @ Supreme Court term , and directly relate to the George Floyd case .
That June 15th decision ( now virtually a precedent protecting the murderer of George Floyd ) ruled in a slew of cases that had been brought against police officers by their victims .
This Supreme Court dismissed all of them , on the basis of this absurd court-precedent , which had been established in 1967 , and which was further defined in 1982 .
It ’ s “ qualified immunity ” , and asserts that police are allowed to do @ @ @ @ @ @ @ a specific law against what they did , and in that law , has described and identified exactly the same circumstances that the claimant against the police is claiming had existed — each and every detail of it — in his/her specific case .
It ’ s a Supreme-Court precedent , for a police state ( unaccountable government-officials ) to be ‘ Constitutional ’ in America , and this black judge in Mississippi was here essentially begging the U.S. Supreme Court to reverse the precedent that the 1967 Supreme Court had established ( @ @ @ @ @ @ @ yet further , by the Supreme Court in 1982 ) .
It is horrific judge-made ‘ law ’ that is no real law but instead nothing but an extremely evil precedent , which today ’ s Supreme Court continues to impose ; and judge Reeves expressed that he reluctantly is bound to follow it and therefore he pleads requesting the U.S. Supreme Court to reverse itself on this matter .
The June 15th U.S. Supreme Court ruling had been dissented from by only a single member of today ’ s U.S. Supreme Court @ @ @ @ @ @ @ be its only black member : Clarence Thomas .
All of the white members reaffirmed this police-state precedent .
Ironically , Justice Thomas , who along with judge Alito is the farthest-rightwing member of the U.S. Supreme Court , dissented against the police on that occasion .
And , of course , all of the Democratic-Party appointees to this Court ( the Court ’ s liberals ) voted for the police , against the public , in that June 15th ruling .
Today ’ s Democratic Party is liberal Jim Crow .
( @ @ @ @ @ @ @ which is closer to the 19th Century variety . )
The Democratic Party ’ s nominee for the Presidency , Joe Biden , was one of the U.S. Senate ’ s leading segregationists , and he was condemned for it by Senator Ted Kennedy , the NAACP and others ( though the U.S. ‘ news ’ -media hid — and continue to hide — that fact , too ) .
I had headlined on June 20th about this June 15th ruling , “ U.S .
Supreme Court Reaffirms U.S. Police State ” .
@ @ @ @ @ @ @ that America ’ s law-enforcement officers have this “ qualified immunity ” from prosecution , and so the Constitutional rights of Americans are effectively meaningless if the police abuse them .
( As originally established in 1967 , police have “ qualified immunity ” if they have acted “ in good faith , ” but since 1982 they posses this immunity even if they clearly did not . )
As the libertarian lawyer Jay Schweikert put this matter on June 15th : “ the Supreme Court let stand an Eleventh Circuit decision granting @ @ @ @ @ @ @ a ten-year-old child in the back of the knee , while repeatedly attempting to shoot a pet dog that wasn ’ t threatening anyone.
” The officer who had been accused in that particular case , Corbitt v. Vickers , was Deputy Sheriff Michael Vickers , of Coffee County , Georgia .
He had been chasing a suspect , who happened to cross into the yard of Amy Corbitt , who at that time happened to be chatting with another adult , Damion Stewart .
One of her children was referred to in @ @ @ @ @ @ @ is how the lower court ruling stated the incident : At some point after Vickers and the other officers entered Corbitt ’ s yard , the officers “ demanded all persons in the area , including the children , to get down on the ground.
” An officer handcuffed Stewart and placed a gun at his back .
… Then , “ while the children were lying on the ground obeying [ V [ Vickers ’ s ] rders … without necessity or any immediate threat or cause , [ V [ Vickers @ @ @ @ @ @ @ pet named ‘ Bruce ’ twice.
” The first shot missed , and Bruce ( a dog ) temporarily retreated under Corbitt ’ s home .
No other efforts were made to restrain or subdue the dog , and no one appeared threatened by him .
Eight or ten seconds after Vickers fired the first shot , the dog reappeared and was “ approaching his owners , ” when Vickers fired a second shot at the dog .
This shot also missed the dog , but the bullet struck SDC in the back @ @ @ @ @ @ @ Supreme Court ruled for Deputy Sheriff Michael Vickers .
The case against Vickers was one in a batch of eight throughout the country challenging the existing court-precedent of “ qualified immunity , ” and the U.S. Supreme Court ’ s ruling dismissed all of them ( “ certeriori denied ” ) for the same reason : “ qualified immunity ” stands as-is — is valid as-is .
( “ Certeriori denied ” means that at least five of the nine ‘ Justices ’ were satisfied with the existing legal precedents on the matter @ @ @ @ @ @ @ application of those precedents to the given case — so : nothing gets changed .
In this batch of 8 cases , 8 ‘ Justices ’ voted against accepting any of these 8 cases . )
In each one of these cases , the appeals court had ruled in favor of the police officer , on the basis of his “ qualified immunity.
” And , so , 8 members of this Supreme Court approved of that .
In other words : no matter how bad a police officer is , he has @ @ @ @ @ @ @ recourse that might be even possible is to reassign or maybe even fire him , if the Police Department decides to do so .
Police officers are above the law , but they can be fired in some circumstances .
Here is how the Rutherford Institute , which backed all of these cases against the officers , phrased the officers ’ argument in one of these cases : Qualified immunity shielded the defendants ’ actions from liability because Petitioner could not point to any factually identical case clearly establishing that law enforcement officials @ @ @ @ @ @ @ consent to enter her home when they essentially destroyed her home .
That reasoning sets an impossible standard .
Because courts are free to advance to the ‘ clearly established ’ prong of the qualified immunity inquiry without first deciding threshold constitutional questions , it is unlikely that a body of case law with closely analogous factual circumstances will ever develop .
In other words : the U.S. Supreme Court ruled 8 to 1 that unless Congress will pass a new law which will specifically apply the 4th and the 14th Amendments so @ @ @ @ @ @ @ who do the specific listed sorts of things that unequivocally are identified in such new statutes as being prohibited under those Amendments , America ’ s law-enforcement officers are free to continue doing these sorts of things and to avoid any sort of legal liability for having done them .
Attorney Schweikert headlined on June 15th “ The Supreme Court ’ s Dereliction of Duty on Qualified Immunity ” , and he wrote about the Court ’ s ruling : It ’ s impossible to know for sure what motivated the Court to @ @ @ @ @ @ @ one possibility is that the Justices were looking closely at developments in Congress — where members of both the House and the Senate have introduced bills that would abolish qualified immunity — and decided to duck the question , hoping to pressure Congress to fix the Court ’ s mess .
It is certainly encouraging that so many legislators have finally turned their attention to qualified immunity .
But the mere fact that Congress can fix this mess doesn ’ t absolve the Supreme Court of its obligation to fix what it broke @ @ @ @ @ @ @ of nothing in the first place , and the Justices had both the authority and responsibility to correct their own blunders , no matter what happens in the legislature .
An evil that was introduced by the U.S. Supreme Court can not be eliminated by the U.S. Congress and a good President .
Nor can it be eliminated by successfully going through the lengthy and arduous process of passing a new Amendment to the U.S. Constitution .
No matter what types of actions by law-enforcement officers would be specifically listed in any such @ @ @ @ @ @ @ it would fail .
An arbitrary , basically evil , U.S. Supreme Court will always be able to place its imprimatur upon and validate new rationalizations for the police-state that they have been constructing in this country , especially after 9/11 .
( This particular evil , however , was introduced by the U.S. Supreme Court in 1967 , and has been and remains virtually ignored by the press since then , though it protects police officers in the George Floyd case and all other cases where police injure or kill innocent people @ @ @ @ @ @ @ get the news-coverage , but “ qualified immunity ” doesn ’ t , because this is where the rubber really hits the road and the power-structure would really be under threat — and they own the media , and the President , and Congress , who appoint and confirm new members to the U.S. Supreme Court . )
Congress and the President can ’ t fix this , even if they wanted to ; they can ’ t fix a problem that they didn ’ t themselves create ; but Congress and the @ @ @ @ @ @ @ — which they never do .
Better yet , they can impeach and remove all of the sitting ‘ Justices ’ and replace them with decent people — such as Carleton Reeves .
But each of this Court ’ s members was placed there by the Congresses , and by the Presidents .
It ’ s an extremely vicious circle , and no part of it can fix other parts of it .
( A good example of this is Joe Biden himself , the U.S. Senate ’ s leading northern segregationist , @ @ @ @ @ @ @ Senate ’ s Judiciary Committee , whose approval was needed by each new member of the U.S. Supreme Court .
America ’ s press hides the reality , so that it can continue — they ’ ve even hidden , from the public , the fact that Biden was the most influential segregationist in the Democratic Party . )
This isn ’ t a failure ONLY by the U.S. Supreme Court .
It is instead an expression of the American system as it now exists , and which failure renders the U.S. Constitution @ @ @ @ @ @ @ the rights of the people and the obligations of federal officials at all levels in the government .
There is no accountability ; there is only blame .
And , as in any authoritarian system , all blame goes downward , and all praise goes upward .
That ’ s the reality .
It ’ s totalitarianism .
The U.S. Constitution is by now just a string of words .
America ’ s Founders are dead , gone , and no longer really even an influence .
That ’ s the reality .
@ @ @ @ @ @ @ , who urges Congress to pass news laws in order to ‘ solve ’ this problem ) won ’ t fix anything .
Drastic changes are needed .
And the American public has proven itself not up to the challenge , still refuses to face the reality .
This is system-failure .
And the public simply refuses to face it .
It ’ s a nation of myths .
There are Republican Party myths , and there are Democratic Party myths , but the worst myths of all are the bipartisan ones , @ @ @ @ @ @ @ of all Parties .
( Ultimately , the people in power in America are its billionaires .
In effect , they own the Government . )
Judge Reeves happens to be a black Democrat in Mississippi ( appointed in 2010 by the black Democrat , President Obama ) .
He opened his decision by citing , as the reporter Madison Pauly phrased it , “ 19 killings of Black people at the hands of police before turning to the case before him , which involved a Black man , Clarence Jamison , who @ @ @ @ @ @ @ traffic stop and search by a white police officer.
” However , Reeves ’ s lengthy decision downplayed the racial aspect of the case before him , and even avoided the racial aspect in each of those 19 earlier cases , which he was citing against “ qualified immunity ” — the Supreme Court doctrine that Reeves was compelled to apply to the case-at-hand .
Being tactful , Reeves didn ’ t want to overemphasize the fact that “ qualified immunity ” functions as a new type of Jim Crow law — no @ @ @ @ @ @ @ ‘ law ’ , from the Supreme Court , that violates published statutes and even the U.S. Constitution .
And , yet , the only judges who have forcefully dissented from “ qualified immunity ” are black ones , such as the Democrat Reeves , and the Republican Thomas .
They don ’ t do it on account of their political Party , or even because of their ideology ; they do it because they are Black , and because they have suffered or personally know people who suffer from the U.S. Government @ @ @ @ @ @ @ the Supreme Court ) racism — of which institutionalized racism , “ qualified immunity ” is a significant part .
In fact , Justice Reeves ’ s lengthy ruling is virtually a book about how gradually white racists — first , Democrats in the states of the Confederacy , and then increasingly in both Parties and throughout the entire country — have taken over and made ‘ law ’ from and by the Supreme Court , whenever the electorate itself isn ’ t willing to go quite that far into White-supremacy and vote @ @ @ @ @ @ @ s a brief , but fully documented , book about how the Confederacy has increasingly become the system of Government over the entirety of the United States ( such as it is in regard to “ qualified immunity ” — a nominally non-racial precedent ) .
The August 4th ruling by Reeves was well discussed in an article by Matt Agorist , on August 16th , “ Federal Judge Makes Radical Move to End Qualified Immunity for Bad Cops , Nationally ” .
A good description of the “ qualified immunity ” concept @ @ @ @ @ @ @ phrase “ American justice ” is simply oxymoronic .
Such a thing doesn ’ t exist , though some people are lucky and therefore think it does .
Investigative historian Eric Zuesse is the author , most recently , of They ’ re Not Even Close : The Democratic vs. Republican Economic Records , 1910-2010 , and of CHRIST ’ S VENTRILOQUISTS : The Event that Created Christianity .

by Eric Zuesse via Strategic Culture Foundation
This article reports important news-events that are not being reported in America’s mainstream news-media and that are crucial for understanding both the murder of George Floyd and the current U.S. Presidential contest:
A black U.S. District Court Judge in Mississippi — one of America’s most bigoted-against-Blacks states — issued on August 4th a 72-page decision, Jamison v. McClendon, containing a plea for the U.S. Supreme Court to discontinue its imposition of police legal immunity when police are being accused of — while on the job — having violated Constitutionally guaranteed rights of American citizens (such as by shooting innocent persons — such as George Floyd). Legally immune police is what defines a police state; and, so, this was a black judge’s request for the U.S. Supreme Court to end the existing police state it imposes in America — to end a police state that this judge attributed to (and which he documented to have been produced by) choices that the U.S. Supreme Court itself had made, and that only they therefore can possibly reverse.
His basic point was that nothing which allows a public official to violate the U.S. Constitution is Constitutional, and that therefore these U.S. Supreme Court decisions themselves violate the U.S. Constitution, and should therefore be reversed by the U.S. Supreme Court, which created this situation of legal immunity for police misconduct.
The decision by this judge, Carlton W. Reeves, asserted: “The Constitution says everyone is entitled to equal protection of the law — even at the hands of law enforcement. Over the decades, however, judges [at the U.S. Supreme Court] have invented a legal doctrine to protect law enforcement officers from having to face any consequences for wrongdoing. The doctrine is called ‘qualified immunity.’ In real life it operates like absolute immunity.” Because of U.S. Supreme Court rulings, he had to — in the particular case at hand that he was ruling on — grant a police officer’s “qualified immunity” from prosecution, regardless of what is Constitutional, or even justice in any meaningful sense. Implicitly, he is saying, in this ruling, that because of the existing legal tradition of stare decisis or adhering to existing juridical tradition — and especially of doing so when the prior rulings come from a higher court, most especially from the U.S. Supreme Court — he is required, in the present case, to issue a ruling that violates the U.S. Constitution itself. And so, he did that, he admits. This is an exceptionally bold ruling, far beyond what is normal. Basically, he says that in order for him not to be reversed on appeal, he had to rule against the U.S. Constitution, in the particular case that he was ruling on. He was pleading with the U.S. Supreme Court to end this, so that judges in the lower courts will be able to enforce — instead of compelled to violate — the Constitution.
This ruling by judge Reeves was extremely tactful, such as by its saying, “A review of our qualified immunity precedent makes clear that the Court [he pointedly didn’t say “the Supreme Court,” but that’s what he was actually referring to] has dispensed with any pretense of balancing competing values [meaning that only police are protected, their victims are not — the public is being jeopardized — by these decisions from the U.S. Supreme Court].” Then, Reeves went on to say, “Our courts [he was referring here to today’s U.S. Supreme Court] have shielded a police officer who shot a child while the officer was attempting to shoot the family dog.117.” That was a case which had been only recently decided by the U.S. Supreme Court, on June 15th, and which decision by this Supreme Court was ignored by the nation’s press, since that decision exposes how totalitarian this country has actually become. That Supreme Court decision, which (especially because of the recent headlines about the George Floyd murder case) should have been front-page news throughout the country, was instead hidden from the public by the ‘news’-media, though that decision — and the others which were similarly dismissed that day on the very same ground of “qualified immunity” of police officers — probably constituted the most important decision of the current Supreme Court term, and directly relate to the George Floyd case. That June 15th decision (now virtually a precedent protecting the murderer of George Floyd) ruled in a slew of cases that had been brought against police officers by their victims. This Supreme Court dismissed all of them, on the basis of this absurd court-precedent, which had been established in 1967, and which was further defined in 1982. It’s “qualified immunity”, and asserts that police are allowed to do anything to anyone unless Congress has passed a specific law against what they did, and in that law, has described and identified exactly the same circumstances that the claimant against the police is claiming had existed — each and every detail of it — in his/her specific case. It’s a Supreme-Court precedent, for a police state (unaccountable government-officials) to be ‘Constitutional’ in America, and this black judge in Mississippi was here essentially begging the U.S. Supreme Court to reverse the precedent that the 1967 Supreme Court had established (and which had been reaffirmed and worsened yet further, by the Supreme Court in 1982). It is horrific judge-made ‘law’ that is no real law but instead nothing but an extremely evil precedent, which today’s Supreme Court continues to impose; and judge Reeves expressed that he reluctantly is bound to follow it and therefore he pleads requesting the U.S. Supreme Court to reverse itself on this matter.
The June 15th U.S. Supreme Court ruling had been dissented from by only a single member of today’s U.S. Supreme Court, and that person happens also to be its only black member: Clarence Thomas. All of the white members reaffirmed this police-state precedent. Ironically, Justice Thomas, who along with judge Alito is the farthest-rightwing member of the U.S. Supreme Court, dissented against the police on that occasion. And, of course, all of the Democratic-Party appointees to this Court (the Court’s liberals) voted for the police, against the public, in that June 15th ruling. Today’s Democratic Party is liberal Jim Crow. (The Republicans are conservative Jim Crow, which is closer to the 19th Century variety.) The Democratic Party’s nominee for the Presidency, Joe Biden, was one of the U.S. Senate’s leading segregationists, and he was condemned for it by Senator Ted Kennedy, the NAACP and others (though the U.S. ‘news’-media hid — and continue to hide — that fact, too).
I had headlined on June 20th about this June 15th ruling, “U.S. Supreme Court Reaffirms U.S. Police State”. The Court in that decision had reaffirmed that America’s law-enforcement officers have this “qualified immunity” from prosecution, and so the Constitutional rights of Americans are effectively meaningless if the police abuse them. (As originally established in 1967, police have “qualified immunity” if they have acted “in good faith,” but since 1982 they posses this immunity even if they clearly did not.)
As the libertarian lawyer Jay Schweikert put this matter on June 15th: “the Supreme Court let stand an Eleventh Circuit decision granting immunity to a police officer who shot a ten-year-old child in the back of the knee, while repeatedly attempting to shoot a pet dog that wasn’t threatening anyone.” The officer who had been accused in that particular case, Corbitt v. Vickers, was Deputy Sheriff Michael Vickers, of Coffee County, Georgia. He had been chasing a suspect, who happened to cross into the yard of Amy Corbitt, who at that time happened to be chatting with another adult, Damion Stewart. One of her children was referred to in the case as “SDC.” Here is how the lower court ruling stated the incident:
At some point after Vickers and the other officers entered Corbitt’s yard, the officers “demanded all persons in the area, including the children, to get down on the ground.” An officer handcuffed Stewart and placed a gun at his back. … Then, “while the children were lying on the ground obeying [Vickers’s] orders … without necessity or any immediate threat or cause, [Vickers] discharged his firearm at the family pet named ‘Bruce’ twice.” The first shot missed, and Bruce (a dog) temporarily retreated under Corbitt’s home. No other efforts were made to restrain or subdue the dog, and no one appeared threatened by him. Eight or ten seconds after Vickers fired the first shot, the dog reappeared and was “approaching his owners,” when Vickers fired a second shot at the dog. This shot also missed the dog, but the bullet struck SDC in the back of his right knee.
The U.S. Supreme Court ruled for Deputy Sheriff Michael Vickers. The case against Vickers was one in a batch of eight throughout the country challenging the existing court-precedent of “qualified immunity,” and the U.S. Supreme Court’s ruling dismissed all of them (“certeriori denied”) for the same reason: “qualified immunity” stands as-is — is valid as-is. (“Certeriori denied” means that at least five of the nine ‘Justices’ were satisfied with the existing legal precedents on the matter and with the appeals court’s application of those precedents to the given case — so: nothing gets changed. In this batch of 8 cases, 8 ‘Justices’ voted against accepting any of these 8 cases.) In each one of these cases, the appeals court had ruled in favor of the police officer, on the basis of his “qualified immunity.” And, so, 8 members of this Supreme Court approved of that. In other words: no matter how bad a police officer is, he has this legal immunity, and the only recourse that might be even possible is to reassign or maybe even fire him, if the Police Department decides to do so. Police officers are above the law, but they can be fired in some circumstances.
Here is how the Rutherford Institute, which backed all of these cases against the officers, phrased the officers’ argument in one of these cases:
Qualified immunity shielded the defendants’ actions from liability because Petitioner could not point to any factually identical case clearly establishing that law enforcement officials exceeded the scope of Petitioner’s consent to enter her home when they essentially destroyed her home. That reasoning sets an impossible standard. Because courts are free to advance to the ‘clearly established’ prong of the qualified immunity inquiry without first deciding threshold constitutional questions, it is unlikely that a body of case law with closely analogous factual circumstances will ever develop.
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In other words: the U.S. Supreme Court ruled 8 to 1 that unless Congress will pass a new law which will specifically apply the 4th and the 14th Amendments so as to enable prosecution of law-enforcement officers who do the specific listed sorts of things that unequivocally are identified in such new statutes as being prohibited under those Amendments, America’s law-enforcement officers are free to continue doing these sorts of things and to avoid any sort of legal liability for having done them.
Attorney Schweikert headlined on June 15th “The Supreme Court’s Dereliction of Duty on Qualified Immunity”, and he wrote about the Court’s ruling:
It’s impossible to know for sure what motivated the Court to deny all of these petitions. But one possibility is that the Justices were looking closely at developments in Congress — where members of both the House and the Senate have introduced bills that would abolish qualified immunity — and decided to duck the question, hoping to pressure Congress to fix the Court’s mess. It is certainly encouraging that so many legislators have finally turned their attention to qualified immunity. But the mere fact that Congress can fix this mess doesn’t absolve the Supreme Court of its obligation to fix what it broke — the Court conjured qualified immunity out of nothing in the first place, and the Justices had both the authority and responsibility to correct their own blunders, no matter what happens in the legislature.
An evil that was introduced by the U.S. Supreme Court cannot be eliminated by the U.S. Congress and a good President. Nor can it be eliminated by successfully going through the lengthy and arduous process of passing a new Amendment to the U.S. Constitution. No matter what types of actions by law-enforcement officers would be specifically listed in any such new law or new Constitutional Amendment, it would fail. An arbitrary, basically evil, U.S. Supreme Court will always be able to place its imprimatur upon and validate new rationalizations for the police-state that they have been constructing in this country, especially after 9/11. (This particular evil, however, was introduced by the U.S. Supreme Court in 1967, and has been and remains virtually ignored by the press since then, though it protects police officers in the George Floyd case and all other cases where police injure or kill innocent people. “Black Lives Matter” protesters get the news-coverage, but “qualified immunity” doesn’t, because this is where the rubber really hits the road and the power-structure would really be under threat — and they own the media, and the President, and Congress, who appoint and confirm new members to the U.S. Supreme Court.)
Congress and the President can’t fix this, even if they wanted to; they can’t fix a problem that they didn’t themselves create; but Congress and the President can condemn and shame the Court — which they never do. Better yet, they can impeach and remove all of the sitting ‘Justices’ and replace them with decent people — such as Carleton Reeves. But each of this Court’s members was placed there by the Congresses, and by the Presidents. It’s an extremely vicious circle, and no part of it can fix other parts of it. (A good example of this is Joe Biden himself, the U.S. Senate’s leading northern segregationist, who also was the head of the Senate’s Judiciary Committee, whose approval was needed by each new member of the U.S. Supreme Court. America’s press hides the reality, so that it can continue — they’ve even hidden, from the public, the fact that Biden was the most influential segregationist in the Democratic Party.)
This isn’t a failure ONLY by the U.S. Supreme Court. It is instead an expression of the American system as it now exists, and which failure renders the U.S. Constitution itself almost meaningless, especially as regards the rights of the people and the obligations of federal officials at all levels in the government. There is no accountability; there is only blame. And, as in any authoritarian system, all blame goes downward, and all praise goes upward. That’s the reality. It’s totalitarianism. The U.S. Constitution is by now just a string of words. America’s Founders are dead, gone, and no longer really even an influence. That’s the reality. Pretending otherwise (such as Schweikert does, who urges Congress to pass news laws in order to ‘solve’ this problem) won’t fix anything. Drastic changes are needed. And the American public has proven itself not up to the challenge, still refuses to face the reality. This is system-failure. And the public simply refuses to face it. It’s a nation of myths. There are Republican Party myths, and there are Democratic Party myths, but the worst myths of all are the bipartisan ones, which protect the people in power, of all Parties. (Ultimately, the people in power in America are its billionaires. In effect, they own the Government.)
Judge Reeves happens to be a black Democrat in Mississippi (appointed in 2010 by the black Democrat, President Obama). He opened his decision by citing, as the reporter Madison Pauly phrased it, “19 killings of Black people at the hands of police before turning to the case before him, which involved a Black man, Clarence Jamison, who was subjected to a lengthy and humiliating traffic stop and search by a white police officer.” However, Reeves’s lengthy decision downplayed the racial aspect of the case before him, and even avoided the racial aspect in each of those 19 earlier cases, which he was citing against “qualified immunity” — the Supreme Court doctrine that Reeves was compelled to apply to the case-at-hand. Being tactful, Reeves didn’t want to overemphasize the fact that “qualified immunity” functions as a new type of Jim Crow law — no law at all, but only invented ‘law’, from the Supreme Court, that violates published statutes and even the U.S. Constitution. And, yet, the only judges who have forcefully dissented from “qualified immunity” are black ones, such as the Democrat Reeves, and the Republican Thomas. They don’t do it on account of their political Party, or even because of their ideology; they do it because they are Black, and because they have suffered or personally know people who suffer from the U.S. Government’s institutionalized (such as at the Supreme Court) racism — of which institutionalized racism, “qualified immunity” is a significant part.
In fact, Justice Reeves’s lengthy ruling is virtually a book about how gradually white racists — first, Democrats in the states of the Confederacy, and then increasingly in both Parties and throughout the entire country — have taken over and made ‘law’ from and by the Supreme Court, whenever the electorate itself isn’t willing to go quite that far into White-supremacy and vote for overtly racist candidates. It’s a brief, but fully documented, book about how the Confederacy has increasingly become the system of Government over the entirety of the United States (such as it is in regard to “qualified immunity” — a nominally non-racial precedent).
The August 4th ruling by Reeves was well discussed in an article by Matt Agorist, on August 16th, “Federal Judge Makes Radical Move to End Qualified Immunity for Bad Cops, Nationally”. A good description of the “qualified immunity” concept itself is here.
Currently, the phrase “American justice” is simply oxymoronic. Such a thing doesn’t exist, though some people are lucky and therefore think it does.
—————
Investigative historian Eric Zuesse is the author, most recently, of They’re Not Even Close: The Democratic vs. Republican Economic Records, 1910-2010, and of CHRIST’S VENTRILOQUISTS: The Event that Created Christianity.


investmentwatchblog--2020-08-24--This is what the Hong Kong protesters did when they stormed in the parliament last year.

Hong Kong Flys American flag more than the DNC .

Thanks for the support! Stormed in the parliament, still didn't loot. pic.twitter.com/cRNW9THPfh — NWL (@alanhatesvelcro) June 7, 2020
Hong Kong Flys American flag more than the DNC.
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Hong Kong Flys American flag more than the DNC. t.co/A3wp5XbfGc — 🇮🇱 🇺🇸 ✝ RICK (I'm Voting Red )✝ 🇺🇸 🇮🇱 (@barmore27) August 24, 2020
AC


investmentwatchblog--2020-08-24--The pandemic is ramping up the war between Amazon, Walmart, and Target, and making them more powerfu

The pandemic is ramping up the war between Amazon, Walmart, and Target, and making them more powerful than ever

The pandemic is fueling record growth at Amazon , Walmart , and Target , and solidifying their reign over America @ @ @ @ @ years to come .
All three retailers reported blowout sales in the second quarter .
@ @ @ @ @ nearly doubled from a year earlier and Target ’ s nearly tripled .
The companies @ @ @ @ @ % and 10.9 % , respectively .
Amazon ’ s overall sales grew 40 % @ @ @ @ @ thousands of stores shut down across the country at the start of the pandemic , @ @ @ @ @ Target were among the retailers deemed “ essential ” and therefore able to continue operating @ @ @ @ @ from several weeks of big stock-up trips , as consumers stockpiled paper goods , food @ @ @ @ @ more .

www.businessinsider.com/amazon-walmart-and-target-are-getting-more-powerful-2020-8
The pandemic is fueling record growth at Amazon, Walmart, and Target, and solidifying their reign over America’s retail landscape for years to come.
All three retailers reported blowout sales in the second quarter. Walmart’s digital sales nearly doubled from a year earlier and Target’s nearly tripled. The companies’ same-store sales climbed 9% and 10.9%, respectively. Amazon’s overall sales grew 40% in the quarter.
As thousands of stores shut down across the country at the start of the pandemic, Amazon, Walmart, and Target were among the retailers deemed “essential” and therefore able to continue operating. This means they benefitted from several weeks of big stock-up trips, as consumers stockpiled paper goods, food, cleaning products, and more.


investmentwatchblog--2020-08-24--Project Veritas files a lawsuit in Portland’s Federal Court.

Watch his interview and you ’ ll wonder why he even does what he does .
Fantastic dialog between two @ @ @ @ @ site of politics .

Watch his interview and you’ll wonder why he even does what he does. Fantastic dialog between two intelligent men on the opposite site of politics.
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h/t rochrealtor


investmentwatchblog--2020-08-24--Democrats: The Godless party of gun control, nationwide lockdown and higher taxes, endorsed by China

Democrats: The Godless party of gun control, nationwide lockdown and higher taxes, endorsed by China and U.S. Communist Party

If you are a Democrat , please honestly examine your conscience and ask yourself if this is your party .
On August 11 , 2020 , leading the pro forma session of the U.S. House of Representatives in reciting the Pledge of Allegiance , 81-year-old House Majority Leader Steny Hoyer ( D-Maryland ) deliberately left out the words “ under God ” .
( See the video clip on CSPAN ) During last week ’ s “ virtual ” 2020 Democratic Party Convention , the words “ under God ” were omitted from the Pledge of Allegiance during the LGBTQ @ @ @ @ @ @ @ .
( USA Today ) Although the U.S. Constitution ’ s Second Amendment guarantees the American people ’ s right to bear arms and defend themselves , and despite the fact that the Supreme Court ruled in 2008 that Second Amendment applies to individuals , not militias , and may include military weapons , Democrats overwhelmingly favor abridging the Second Amendment to support gun control .
In the words of Elaine Godfrey in The Atlantic , “ Democrats in 2020 are embracing gun control in an unprecedented way , betting that their support @ @ @ @ @ @ @ turn them away—especially in the suburban districts that are quickly becoming central to the party map.
” • Gun control was “ a central focus ” in the 2020 Democratic National Convention ( DNC ) .
In contrast , in the 2012 DNC , there were no convention segments or panels on gun control .
• There is a new normal in the Democratic Party : Moderate voters not only support gun-control legislation , but have begun to use the issue as a litmus test : • In 2010 , Democrats accounted for @ @ @ @ @ @ @ federal elections who received “ A ” ratings from the National Rifle Association ( NRA ) .
• By the 2018 midterms , Democrats accounted for less than 2 % of federal candidates who were rated “ A ” by the NRA .
• That ’ s because moderate Democrats who once represented rural swaths of the country , where guns were popular , now represent a suburban constituency that overwhelmingly favors gun control , and whose politics are more aligned with those of Democrat voters in nearby blue cities than those of @ @ @ @ @ @ @ moderate Democrats in red states have run and won on gun control .
On August 22 , 2020 , on “ ABC World News Tonight , ” Democrat presidential nominee Joe Biden said that if elected President , he would shut the entire country down if “ scientists ” tell him : “ I would shut it down ; I would listen to the scientists.
” ( BlabberBuzz ) Never mind the fact that : • Shutdowns in states and cities across America , which continue in Democrat-controlled “ blue ” states and @ @ @ @ @ @ @ and trauma on workers and the economy .
• There is no consensus among “ scientists ” on anything concerning the COVID-19 Wuhan virus : what it is ; how/where it originated ; how accurate are COVID-19 and antigen tests ; and the effectiveness of lockdowns , wearing masks and social distancing .
If elected President , Joe Biden says he will call for 12 big changes in tax laws , some of which had been championed by his former boss , Barack Obama .
One of Biden ’ s proposed changes is @ @ @ @ @ @ @ % .
This means that for each dollar of itemized tax deductions , including charitable contributions , a taxpayer or couple filing jointly would only receive a maximum benefit of $ 0.28 .
This 28 % limit would hold true even if a filer is paying a higher marginal tax rate .
( Source : The Motley Fool ) • Director of National Intelligence John Ratcliffe told Fox News that “ China poses a greater national security threat to the U.S. than any other nation .
That includes threats of election influence and @ @ @ @ @ @ @ , the daily newspaper Global Times , which is a mouthpiece of the Chinese Communist Party , endorsed Joe Biden for President .
( Gateway Pundit ) • Bob Avakian , the chairman of the Revolutionary Communist Party USA , also endorsed Biden .
Avakian said that although he doesn ’ t particularly like Biden , electing him is necessary for “ the overthrow of this system , as the fundamental solution to the continuing horrors this system causes for the masses of humanity.
” ( Washington Times ) Please disseminate this post @ @ @ @ @ @ @ to your Democrat family members and friends .
Thank you .

by Dr. Eowyn
If you are a Democrat, please honestly examine your conscience and ask yourself if this is your party.
(1) GODLESS
On August 11, 2020, leading the pro forma session of the U.S. House of Representatives in reciting the Pledge of Allegiance, 81-year-old House Majority Leader Steny Hoyer (D-Maryland) deliberately left out the words “under God”. (See the video clip on CSPAN)
During last week’s “virtual” 2020 Democratic Party Convention, the words “under God” were omitted from the Pledge of Allegiance during the LGBTQ caucus meeting and the Muslim Delegates Assembly. (USA Today)
(2) GUN CONTROL
Although the U.S. Constitution’s Second Amendment guarantees the American people’s right to bear arms and defend themselves, and despite the fact that the Supreme Court ruled in 2008 that Second Amendment applies to individuals, not militias, and may include military weapons, Democrats overwhelmingly favor abridging the Second Amendment to support gun control. In the words of Elaine Godfrey in The Atlantic, “Democrats in 2020 are embracing gun control in an unprecedented way, betting that their support is more likely to attract voters than turn them away—especially in the suburban districts that are quickly becoming central to the party map.”
Here’s the evidence (The Atlantic):
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Gun control was “a central focus” in the 2020 Democratic National Convention (DNC). In contrast, in the 2012 DNC, there were no convention segments or panels on gun control.
There is a new normal in the Democratic Party: Moderate voters not only support gun-control legislation, but have begun to use the issue as a litmus test: In 2010, Democrats accounted for about 20% of all candidates in federal elections who received “A” ratings from the National Rifle Association (NRA). By the 2018 midterms, Democrats accounted for less than 2% of federal candidates who were rated “A” by the NRA.
That’s because moderate Democrats who once represented rural swaths of the country, where guns were popular, now represent a suburban constituency that overwhelmingly favors gun control, and whose politics are more aligned with those of Democrat voters in nearby blue cities than those of voters in rural America.
Even moderate Democrats in red states have run and won on gun control.
(3) NATION-WIDE LOCKDOWN
On August 22, 2020, on “ABC World News Tonight,” Democrat presidential nominee Joe Biden said that if elected President, he would shut the entire country down if “scientists” tell him: “I would shut it down; I would listen to the scientists.” (BlabberBuzz)
Never mind the fact that:
Shutdowns in states and cities across America, which continue in Democrat-controlled “blue” states and counties, already have inflicted untold damage and trauma on workers and the economy. There is no consensus among “scientists” on anything concerning the COVID-19 Wuhan virus: what it is; how/where it originated; how accurate are COVID-19 and antigen tests; and the effectiveness of lockdowns, wearing masks and social distancing.
(4) HIGHER AND MORE TAXES
If elected President, Joe Biden says he will call for 12 big changes in tax laws, some of which had been championed by his former boss, Barack Obama.
One of Biden’s proposed changes is a limit on itemized deductions of 28%. This means that for each dollar of itemized tax deductions, including charitable contributions, a taxpayer or couple filing jointly would only receive a maximum benefit of $0.28. This 28% limit would hold true even if a filer is paying a higher marginal tax rate. (Source: The Motley Fool)
(5) ENDORSED BY COMMUNISTS
Director of National Intelligence John Ratcliffe told Fox News that “China poses a greater national security threat to the U.S. than any other nation. That includes threats of election influence and interference.” On August 19, 2020, the daily newspaper Global Times , which is a mouthpiece of the Chinese Communist Party, endorsed Joe Biden for President. (Gateway Pundit)
, which is (Gateway Pundit) Bob Avakian, the chairman of the Revolutionary Communist Party USA, also endorsed Biden. Avakian said that although he doesn’t particularly like Biden, electing him is necessary for “the overthrow of this system, as the fundamental solution to the continuing horrors this system causes for the masses of humanity.” (Washington Times)
Please disseminate this post on social media, and send them to your Democrat family members and friends. Thank you.
~Eowyn


investmentwatchblog--2020-08-24--Must Watch: Tennessee Dem Lawmaker Blisters Rioting Protesters

If you watch one thing today–make it this .
Never brings up Trump , but absolutely skewers the protesters who @ @ @ @ @ cities .
Talks about his father , MLK and those who peacefully protested to make @ @ @ @ @ Scene Out of Hell ’ : Armed BLM Rioters Loot , Pillage , and Burn @ @ @ @ @ COME SEE THE VIOLENCE INHERENT IN THE LEFTISM : Portland ‘ Back the Blue ’ @ @ @ @ @ Antifa Shows Up and Starts Assaulting People .
Peaceful ” Riots Continue : Portland burns @ @ @ @ @ the Democrats fiddle .

Absolutely incredible speech….
If you watch one thing today–make it this.
Never brings up Trump, but absolutely skewers the protesters who riot, intimidate and destroy cities. Talks about his father, MLK and those who peacefully protested to make change.
Related:
‘Like a Scene Out of Hell’: Armed BLM Rioters Loot, Pillage, and Burn Kenosha Following Police Shooting.
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COME SEE THE VIOLENCE INHERENT IN THE LEFTISM: Portland ‘Back the Blue’ Rally Turns Into Riot When Antifa Shows Up and Starts Assaulting People.
Peaceful” Riots Continue: Portland burns, while the media and the Democrats fiddle.
Antifa/BLM Spread Riots to Denver, Kenosha — America Going Full Weimar?
h/t Billy Ringo


investmentwatchblog--2020-08-24--57 Photos From Downtown Portland

57 Photos From Downtown Portland

I took these yesterday .
I stayed mostly on 4th to 6th st north of Burnside and 1st to 3rd @ @ @ @ @ I captured maybe 10 % of the total damage .
I stayed several blocks away @ @ @ @ @ didn ’ t venture up to Pearl district , etc .
I walked perhaps one @ @ @ @ @ vote these commie mayors into power , this is EXACTLY what happens .
NYC , @ @ @ @ @ , Baltimore

I took these yesterday. I stayed mostly on 4th to 6th st
north of Burnside and 1st to 3rd south of Burnside, so
I captured maybe 10% of the total damage. I stayed several
blocks away from the Federal building, didn’t venture up to
Pearl district, etc. I walked perhaps one mile total.
If you vote these commie mayors into power, this is EXACTLY what happens. NYC, Seattle, Portland, Chicago, Baltimore
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AC


investmentwatchblog--2020-08-24--Massive Gold and Silver Shortages Are Almost Here with Andy Schectman

When we last spoke with Andy Schectman of Miles Franklin , he warned of a looming precious metals shortage in @ @ @ @ @ the near global mine shutdown caused by Covid-19 .
“ We are at roughly 8 @ @ @ @ @ Franklin.
” Federal indictments against JP Morgan metal traders in March make Andy believe that @ @ @ @ @ .
Silver went from around $ 12 to nearly $ 30 .
Gold went to @ @ @ @ @ is that prices were suppressed .
Andy has been accumulating metals from any available source @ @ @ @ @ a large selection of gold and silver .
Jump quickly .
Premiums are high .
@ @ @ @ @ supply .
It ’ s a challenge to get product .
US and Canadian mints @ @ @ @ @ percent capacity .
The time to buy is now !
Write to andy @ milesfranklin.com @ @ @ @ @ to the Audio

from Financial Survival Network
When we last spoke with Andy Schectman of Miles Franklin, he warned of a looming precious metals shortage in the fall, due to the near global mine shutdown caused by Covid-19. “We are at roughly 8 times normal sales at Miles Franklin.” Federal indictments against JP Morgan metal traders in March make Andy believe that it’s changed landscape. Silver went from around $12 to nearly $30. Gold went to $2000. Bottom line is that prices were suppressed. Andy has been accumulating metals from any available source. He’s got a large selection of gold and silver. Jump quickly. Premiums are high. There’s not enough supply. It’s a challenge to get product. US and Canadian mints are only running at 50 percent capacity. The time to buy is now! Write to andy@milesfranklin.com.
We are primarily funded by readers. Please subscribe and donate to support us!
Click Here to Listen to the Audio


investmentwatchblog--2020-08-24--The Most Dangerous Period for Your Savings and Individual Freedom We’ve Ever Seen

After working for many top-tier investment banks , Chris left the corporate world .
He has since built and sold multiple million-dollar businesses , built a VC firm allocating $ 35m into early-stage ventures , and become a full-time trader .
He now manages money for clients of Glenorchy Capital ; a macro focused hedge fund .
Chris is the founder of Capitalist Exploits , with its flagship investment subscription letter called Insider .
Alright , let ’ s get into our discussion .
As countries destroy their national currencies , middle- and lower-class individuals will disproportionally be affected .
@ @ @ @ @ @ @ savings ?
What are the implications ?
What we ’ re seeing is the wholesale destruction of the middle class , certainly in Western democracies .
We ’ re also seeing a wave of neo-Marxism taking place across the Western world , and they see it as an opportunity .
For anybody who wants an in-depth look at it , I suggest going to the World Economic Forum and looking at what they call The Great Reset .
They see this as an opportunity to rebuild the world in a Communist form .
@ @ @ @ @ @ @ governments to enact all sorts of dangerous policies because the middle class is really what rises up .
When you have a middle class , people fight for that—if they have capital and resources to present some resistance .
If you take that capital away from them , they have less resistance .
Certainly , if you take it away from them and then replace it with something like a Universal Basic Income ( UBI ) , people essentially just become serfs of the government .
And that ’ s what they ’ @ @ @ @ @ @ @ look around the world , that ’ s not what is currently happening in many emerging markets .
I wouldn ’ t call much of Asia an emerging market anymore .
You have non-socialist structures or countries , and the way they deal with this crisis will tell what happens there over the next 10–20 years .
Western countries are dealing with this crisis by increasing debts , increasing social spending—and hence , ensuring the destruction of their currencies and their bond markets—and impoverishing the citizenry along the way .
However , in @ @ @ @ @ @ @ many—mainly in Asia , Eastern Europe , and even Russia—they ’ re not handling this in the same fashion .
Many of these countries don ’ t have social spending programs to the extent that the West does .
Hence , there isn ’ t a belief by the citizenry that the government can or should look after them .
They ’ re not destroying their balance sheets or creating serfs .
What I think will happen , as the crisis fades with respect to the coronavirus , is many countries will be @ @ @ @ @ @ @ However , they are laying the groundwork to build and rise up from it because they ’ re not crushing themselves with social spending plans .
They ’ re also not crushing people by dis-incentivizing to get up and work .
That ’ s exactly what the UBI does .
On a relative basis , these places are freer—they ’ re freer in terms of market economics—they ’ re freer in terms of human capital .
We ’ re going to see a shift of human capital , as well as capital , @ @ @ @ @ @ @ That ’ s how I see the national currencies and how middle- and lower-class individuals are affected in this process .
I think , quite frankly , that everybody suffers .
The question is , who comes out of it in a stronger fashion ?
And what is more conducive to capital formation on a go-forward basis ?
It ’ s absolutely clear to me that it ’ s not the West .
It is largely in the East .
That ’ s the longer-term trend .
For the chaos in-between , I @ @ @ @ @ @ @ to own tangible stuff .
International Man : Aside from the economic trends unfolding—and accelerating—as a response to Covid-19 , a cultural , political , and social shift is also underway .
How are these trends connected , and what does it mean in the months and years ahead ?
Five years ago , I couldn ’ t have written a book to explain what ’ s happening today .
And had any logical person read it , they would have said , “ Oh , sure .
That ’ s going to @ @ @ @ @ @ @ “ Well , that ’ s a bloody great piece of fiction , Chris .
Good job.
” And yet , here we are .
Again , these trends are in an exponential blow-off top phase .
What does it mean for the months and years ahead ?
I think it ’ s the most dangerous period of time that we ’ ve ever seen , not just for your capital but also for individual freedom .
In terms of what it means for capital , we ’ re going to have extraordinary @ @ @ @ @ @ @ very focused on a deflationary impact because they ’ re saying , “ Well , nobody ’ s working .
Businesses are going bust .
There ’ s this credit contraction.
” That ’ s being met with a lot of fiscal and monetary stimulus .
I don ’ t discount the fact that people losing their jobs has a disinflationary impact .
What is being missed is the extraordinary shutting down of supply .
If you look at Maslow ’ s hierarchy of needs—it ’ s food , shelter , energy .
@ @ @ @ @ @ @ the last two decades—on a relative basis—against all other sectors , they are the cheapest that they ’ ve ever been .
Take agriculture , for example .
Agriculture is the cheapest it ’ s been in about 70 years .
Yet we have absolute destruction in supply .
We have governments literally deciding who is essential and who is not essential within the food supply chain .
This is not any different from what the Bolsheviks tried .
We all know what that resulted in .
People can look up the genocide @ @ @ @ @ @ @ famine caused by the government .
We ’ re at the cusp of seeing the same sort of thing .
Already , the US just had the highest rise in food prices in 50 years .
And people are still not paying attention to it .
This is going to become a massive problem .
Editor ’ s Note : Tens of millions of people have lost their jobs in the US alone , and small to medium-sized businesses have been destroyed .
It ’ s clear that we ’ re seeing the @ @ @ @ @ @ @ ’ re also seeing a wave of neo-Marxism , which is sure to transform the Western world ’ s political and cultural nature .
The risks that lie ahead are too big and dangerous to ignore .
That ’ s why Chris just released the most critical report on these trends , What Happens Next .
This free special report explains precisely what ’ s coming down the pike and what it means for your wealth and well-being .
Click here to access it now .

Via International Man
International Man: I’d like to introduce Chris MacIntosh.
After working for many top-tier investment banks, Chris left the corporate world. He has since built and sold multiple million-dollar businesses, built a VC firm allocating $35m into early-stage ventures, and become a full-time trader.
He now manages money for clients of Glenorchy Capital; a macro focused hedge fund. Chris is the founder of Capitalist Exploits, with its flagship investment subscription letter called Insider.
Alright, let’s get into our discussion.
As countries destroy their national currencies, middle- and lower-class individuals will disproportionally be affected.
Are we seeing global destruction of private savings? What are the implications?
Chris MacIntosh: There’s a lot to unpack there.
What we’re seeing is the wholesale destruction of the middle class, certainly in Western democracies.
I think it’s by design.
We’re also seeing a wave of neo-Marxism taking place across the Western world, and they see it as an opportunity.
For anybody who wants an in-depth look at it, I suggest going to the World Economic Forum and looking at what they call The Great Reset.
They see this as an opportunity to rebuild the world in a Communist form.
The destruction of the middle class allows governments to enact all sorts of dangerous policies because the middle class is really what rises up.
When you have a middle class, people fight for that—if they have capital and resources to present some resistance.
If you take that capital away from them, they have less resistance. Certainly, if you take it away from them and then replace it with something like a Universal Basic Income (UBI), people essentially just become serfs of the government. And that’s what they’re doing.
Now, when you look around the world, that’s not what is currently happening in many emerging markets. I wouldn’t call much of Asia an emerging market anymore.
You have non-socialist structures or countries, and the way they deal with this crisis will tell what happens there over the next 10–20 years.
Western countries are dealing with this crisis by increasing debts, increasing social spending—and hence, ensuring the destruction of their currencies and their bond markets—and impoverishing the citizenry along the way.
However, in other countries, and I could pinpoint many—mainly in Asia, Eastern Europe, and even Russia—they’re not handling this in the same fashion.
Many of these countries don’t have social spending programs to the extent that the West does. Hence, there isn’t a belief by the citizenry that the government can or should look after them.
They’re not destroying their balance sheets or creating serfs.
What I think will happen, as the crisis fades with respect to the coronavirus, is many countries will be in poor shape in emerging markets. However, they are laying the groundwork to build and rise up from it because they’re not crushing themselves with social spending plans.
They’re also not crushing people by dis-incentivizing to get up and work. That’s exactly what the UBI does.
On a relative basis, these places are freer—they’re freer in terms of market economics—they’re freer in terms of human capital.
We’re going to see a shift of human capital, as well as capital, from the West to the East.
We are primarily funded by readers. Please subscribe and donate to support us!
That’s how I see the national currencies and how middle- and lower-class individuals are affected in this process. I think, quite frankly, that everybody suffers.
The question is, who comes out of it in a stronger fashion?
And what is more conducive to capital formation on a go-forward basis? It’s absolutely clear to me that it’s not the West. It is largely in the East. That’s the longer-term trend.
For the chaos in-between, I think it’s pretty simple—you want to own tangible stuff.
International Man: Aside from the economic trends unfolding—and accelerating—as a response to Covid-19, a cultural, political, and social shift is also underway.
How are these trends connected, and what does it mean in the months and years ahead?
Chris MacIntosh: It’s all accelerating now.
Five years ago, I couldn’t have written a book to explain what’s happening today. And had any logical person read it, they would have said, “Oh, sure. That’s going to happen.”
They would have said, “Well, that’s a bloody great piece of fiction, Chris. Good job.”
And yet, here we are. Again, these trends are in an exponential blow-off top phase.
What does it mean for the months and years ahead?
I think it’s the most dangerous period of time that we’ve ever seen, not just for your capital but also for individual freedom.
That is troubling.
In terms of what it means for capital, we’re going to have extraordinary shortages.
Right now, people are very focused on a deflationary impact because they’re saying, “Well, nobody’s working. Businesses are going bust. There’s this credit contraction.”
That’s being met with a lot of fiscal and monetary stimulus. I don’t discount the fact that people losing their jobs has a disinflationary impact. What is being missed is the extraordinary shutting down of supply.
If you look at Maslow’s hierarchy of needs—it’s food, shelter, energy.
If you look at those components over the last two decades—on a relative basis—against all other sectors, they are the cheapest that they’ve ever been.
Take agriculture, for example.
Agriculture is the cheapest it’s been in about 70 years. Yet we have absolute destruction in supply.
We have governments literally deciding who is essential and who is not essential within the food supply chain. This is not any different from what the Bolsheviks tried. We all know what that resulted in. People can look up the genocide in Ukraine, which was a massive famine caused by the government.
We’re at the cusp of seeing the same sort of thing. Already, the US just had the highest rise in food prices in 50 years. And people are still not paying attention to it. This is going to become a massive problem.
Editor’s Note: Tens of millions of people have lost their jobs in the US alone, and small to medium-sized businesses have been destroyed. It’s clear that we’re seeing the destruction of the middle class.
We’re also seeing a wave of neo-Marxism, which is sure to transform the Western world’s political and cultural nature.
The risks that lie ahead are too big and dangerous to ignore. That’s why Chris just released the most critical report on these trends, What Happens Next. This free special report explains precisely what’s coming down the pike and what it means for your wealth and well-being. Click here to access it now.


investmentwatchblog--2020-08-24--Jim Bianco: This investing environment is unlike anything we’ve seen before

• The uniqueness of the 2020 financial crisis • How the Federal Reserve has been aggressively manipulating the bond markets • The only group who can bring bond markets down : The Bond Market Vigilantes • The scale and risk of the Federal Reserve ’ s borrowing and money printing • Implications of the recent , wild price swings in Oil • How the Corona Virus may have accelerated trends that were already beginning to occur • How the future may be bright , but the journey to get there may prove to be difficult • Jim ’ s thoughts @ @ @ @ @ @ @ times ahead Jim Bianco is President and Macro Strategist at Bianco Research , L.L.C .
Since 1990 Jim ’ s commentaries have offered a unique perspective on the global economy and financial markets .
Unencumbered by the biases of traditional Wall Street research , Jim has built a decades long reputation for objective , incisive commentary that challenges consensus thinking .
In nearly 20 years at Bianco Research , Jim ’ s wide ranging commentaries have addressed monetary policy , the intersection of markets and politics , the role of government in the @ @ @ @ @ @ @ financial markets .
Prior to joining Arbor and Bianco Research , Jim was a Market Strategist in equity and fixed income research at UBS Securities and Equity Technical Analyst at First Boston and Shearson Lehman Brothers .
He is a Chartered Market Technician ( CMT ) and a member of the Market Technicians Association ( MTA ) .
Jim has a Bachelor of Science degree in Finance from Marquette University ( 1984 ) and an MBA from Fordham University ( 1989 ) .

Top Traders Unplugged, Released on 8/21/20
Topics discussed:
We are primarily funded by readers. Please subscribe and donate to support us!
The uniqueness of the 2020 financial crisis
How the Federal Reserve has been aggressively manipulating the bond markets
The Wealth Effect’ vs free markets
The current retail stock market ‘mania’
The only group who can bring bond markets down: The Bond Market Vigilantes
The scale and risk of the Federal Reserve’s borrowing and money printing
Implications of the recent, wild price swings in Oil
How the Corona Virus may have accelerated trends that were already beginning to occur
How the future may be bright, but the journey to get there may prove to be difficult
Jim’s thoughts on how to be positioned for the times ahead
Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim’s commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking. In nearly 20 years at Bianco Research, Jim’s wide ranging commentaries have addressed monetary policy, the intersection of markets and politics, the role of government in the economy, fund flows and positioning in financial markets. Prior to joining Arbor and Bianco Research, Jim was a Market Strategist in equity and fixed income research at UBS Securities and Equity Technical Analyst at First Boston and Shearson Lehman Brothers. He is a Chartered Market Technician (CMT) and a member of the Market Technicians Association (MTA). Jim has a Bachelor of Science degree in Finance from Marquette University (1984) and an MBA from Fordham University (1989).


investmentwatchblog--2020-08-24--CBS edited Bill Barr’s response then hosted a guest who lied about it – Abject Propaganda – Not News

On January 20 , the last day of the Obama administration , outgoing National Security Adviser Susan Rice stat down @ @ @ @ @ .
# FoxNews # Tucker

On January 20, the last day of the Obama administration, outgoing National Security Adviser Susan Rice stat down to write her final memo. #FoxNews #Tucker
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investmentwatchblog--2020-08-24--Trump Second Term Agenda has been released.

Create 10 Million New Jobs in 10 Months Create 1 Million New Small Businesses Cut Taxes to Boost Take-Home Pay and Keep Jobs in America Enact Fair Trade Deals that Protect American Jobs “ Made in America ” Tax Credits Expand Opportunity Zones Continue Deregulatory Agenda for Energy Independence Develop a Vaccine by The End Of 2020 Return to Normal in 2021 Make All Critical Medicines and Supplies for Healthcare Workers in The United States Refill Stockpiles and Prepare for Future Pandemics Bring Back 1 Million Manufacturing Jobs from China Tax Credits for Companies that Bring Back Jobs from China @ @ @ @ @ @ @ Industries like Pharmaceuticals and Robotics who Bring Back their Manufacturing to the United States No Federal Contracts for Companies who Outsource to China Hold China Fully Accountable for Allowing the Virus to Spread around the World Cut Prescription Drug Prices Put Patients and Doctors Back in Charge of our Healthcare System Lower Healthcare Insurance Premiums End Surprise Billing Cover All Pre-Existing Conditions Protect Social Security and Medicare Protect Our Veterans and Provide World-Class Healthcare and Services Provide School Choice to Every Child in America Teach American Exceptionalism Pass Congressional Term Limits End Bureaucratic @ @ @ @ @ @ @ Businesses Expose Washington ’ s Money Trail and Delegate Powers Back to People and States Drain the Globalist Swamp by Taking on International Organizations That Hurt American Citizens Fully Fund and Hire More Police and Law Enforcement Officers Increase Criminal Penalties for Assaults on Law Enforcement Officers Prosecute Drive-By Shootings as Acts of Domestic Terrorism Bring Violent Extremist Groups Like ANTIFA to Justice End Cashless Bail and Keep Dangerous Criminals Locked Up until Trial Block Illegal Immigrants from Becoming Eligible for Taxpayer-Funded Welfare , Healthcare , and Free College Tuition Mandatory Deportation for @ @ @ @ @ @ @ End Sanctuary Cities to Restore our Neighborhoods and Protect our Families Prohibit American Companies from Replacing United States Citizens with Lower-Cost Foreign Workers Require New Immigrants to Be Able to Support Themselves Financially Launch Space Force , Establish Permanent Manned Presence on The Moon and Send the First Manned Mission to Mars Build the World ’ s Greatest Infrastructure SystemWin the Race to 5G and Establish a National High-Speed Wireless Internet Network Continue to Lead the World in Access to the Cleanest Drinking Water and Cleanest Air Partner with Other Nations to Clean @ @ @ @ @ @ @ Endless Wars and Bring Our Troops Home Get Allies to Pay their Fair Share Maintain and Expand America ’ s Unrivaled Military Strength Wipe Out Global Terrorists Who Threaten to Harm Americans Build a Great Cybersecurity Defense System and Missile Defense System

JOBS
Create 10 Million New Jobs in 10 Months
Create 1 Million New Small Businesses
Cut Taxes to Boost Take-Home Pay and Keep Jobs in America
Enact Fair Trade Deals that Protect American Jobs
“Made in America” Tax Credits
Expand Opportunity Zones
Continue Deregulatory Agenda for Energy Independence
ERADICATE COVID-19
Develop a Vaccine by The End Of 2020
Return to Normal in 2021
Make All Critical Medicines and Supplies for Healthcare Workers in The United States
Refill Stockpiles and Prepare for Future Pandemics
END OUR RELIANCE ON CHINA
Bring Back 1 Million Manufacturing Jobs from China
Tax Credits for Companies that Bring Back Jobs from China
Allow 100% Expensing Deductions for Essential Industries like Pharmaceuticals and Robotics who Bring Back their Manufacturing to the United States
No Federal Contracts for Companies who Outsource to China
Hold China Fully Accountable for Allowing the Virus to Spread around the World
HEALTHCARE
Cut Prescription Drug Prices
Put Patients and Doctors Back in Charge of our Healthcare System
Lower Healthcare Insurance Premiums
End Surprise Billing
Cover All Pre-Existing Conditions
Protect Social Security and Medicare
Protect Our Veterans and Provide World-Class Healthcare and Services
EDUCATION
Provide School Choice to Every Child in America
Teach American Exceptionalism
DRAIN THE SWAMP
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Pass Congressional Term Limits
End Bureaucratic Government Bullying of U.S. Citizens and Small Businesses
Expose Washington’s Money Trail and Delegate Powers Back to People and States
Drain the Globalist Swamp by Taking on International Organizations That Hurt American Citizens
DEFEND OUR POLICE
Fully Fund and Hire More Police and Law Enforcement Officers
Increase Criminal Penalties for Assaults on Law Enforcement Officers
Prosecute Drive-By Shootings as Acts of Domestic Terrorism
Bring Violent Extremist Groups Like ANTIFA to Justice
End Cashless Bail and Keep Dangerous Criminals Locked Up until Trial
END ILLEGAL IMMIGRATION AND PROTECT AMERICAN WORKERS
Block Illegal Immigrants from Becoming Eligible for Taxpayer-Funded Welfare, Healthcare, and Free College Tuition
Mandatory Deportation for Non-Citizen Gang Members
Dismantle Human Trafficking Networks
End Sanctuary Cities to Restore our Neighborhoods and Protect our Families
Prohibit American Companies from Replacing United States Citizens with Lower-Cost Foreign Workers
Require New Immigrants to Be Able to Support Themselves Financially
INNOVATE FOR THE FUTURE
Launch Space Force, Establish Permanent Manned Presence on The Moon and Send the First Manned Mission to Mars
Build the World’s Greatest Infrastructure SystemWin the Race to 5G and Establish a National High-Speed Wireless Internet Network
Continue to Lead the World in Access to the Cleanest Drinking Water and Cleanest Air
Partner with Other Nations to Clean Up our Planet’s Oceans
AMERICA FIRST FOREIGN POLICY
Stop Endless Wars and Bring Our Troops Home
Get Allies to Pay their Fair Share
Maintain and Expand America’s Unrivaled Military Strength
Wipe Out Global Terrorists Who Threaten to Harm Americans
Build a Great Cybersecurity Defense System and Missile Defense System
www.donaldjtrump.com/media/trump-campaign-announces-president-trumps-2nd-term-agenda-fighting-for-you
AC


investmentwatchblog--2020-08-24--This is The Real Reason They Want Everyone to be Tested for Covid

When they test you they get your DNA on file .
They want everyone in the world to be tested @ @ @ @ @ will be an up to date international DNA database at that point .
That means @ @ @ @ @ and end up running off and leaving society… 5 years later they can find your @ @ @ @ @ nowhere , find a DNA sample , test it and they ’ ll know exactly @ @ @ @ @ in the world .
Real ID gets your thumbprint and biometric facial recognition :

When they test you they get your DNA on file.
They want everyone in the world to be tested at some point.
There will be an up to date international DNA database at that point.
That means that if you are tested and end up running off and leaving society…
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5 years later they can find your campsite in the middle of nowhere, find a DNA sample, test it and they’ll know exactly who you are. Anywhere in the world.
Real ID gets your thumbprint and biometric facial recognition:
Covid ID gets your DNA:
AC


investmentwatchblog--2020-08-24--Bidens statement on the Wisconsin shooting – OMG

This is irresponsible horseshit — and frankly , it 's Biden and Harris playing you for a sucker if you @ @ @ @ @ 're offering nothing beyond kindly words for BLM and nasty insinuations about cops and the @ @ @ @ @ your boat , go for it .

This is irresponsible horseshit — and frankly, it's Biden and Harris playing you for a sucker if you want actual solutions. They're offering nothing beyond kindly words for BLM and nasty insinuations about cops and the country. If that floats your boat, go for it.
— Ben Shapiro (@benshapiro) August 24, 2020


investmentwatchblog--2020-08-24--Kim Jong Un reportedly in a coma as his sister Kim Yo Jong takes control

North Korean dictator Kim Jong Un has fallen into a coma , a former South Korean official is claiming on @ @ @ @ @ the northern leader has ceded some of his power to his younger sister .
Chang @ @ @ @ @ to late South Korean President Kim Dae-jung , has alleged that the Hermit Kingdom ’ @ @ @ @ @ ill amid speculation about his limited public appearances this year , the Mirror reported .
@ @ @ @ @ be in a coma , but his life has not ended , ” he told @ @ @ @ @ former aide added that the leader ’ s younger sister , Kim Yo Jong , @ @ @ @ @ the country .

North Korean dictator Kim Jong Un has fallen into a coma, a former South Korean official is claiming on the heels of reports that the northern leader has ceded some of his power to his younger sister.
Chang Song-min, a former aide to late South Korean President Kim Dae-jung, has alleged that the Hermit Kingdom’s honcho has become seriously ill amid speculation about his limited public appearances this year, the Mirror reported.
“I assess him to be in a coma, but his life has not ended,” he told South Korean media.
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The former aide added that the leader’s younger sister, Kim Yo Jong, was poised to help lead the country.
nypost.com/2020/08/23/kim-jong-un-in-a-coma-as-his-sister-takes-control-report/?utm_medium=SocialFlow&utm_source=NYPTwitter&utm_campaign=SocialFlow


investmentwatchblog--2020-08-24--Jackson Hole: big dollar moves expected; sell gold now or hold? – Gary Wagner

The annual Jackson Hole Symposium , a gathering of central bankers , economists , and financial institutions , will see its first ever virtual conference this week , and will likely set the tone for further U.S. dollar depreciation , said Gary Wagner , editor of TheGoldForecast.com .
“ When you ’ ve got all of the major central banks getting together , they recognize the need for a long-term plan rather than what ’ s the economy going to look like next year , they ’ re actually looking out at the next decade .
What that tells me @ @ @ @ @ @ @ we ’ re in is not going to be resolved overnight and so that ’ s what ’ s so critically important , ” Wagner told Kitco News .
“ I believe that it could have a detrimental effect on the U.S. dollar .
If it does , we will see gold take off and that will indicate the bottom of this recent [ gold price ] correction.
” Gary Wagner has been a technical market analyst for 25 years .
A frequent contributor to STOCKS & COMMODITIES Magazine , he has also @ @ @ @ @ @ @ Barrons .
He is the executive producer of “ The Gold Forecast , ” a daily video newsletter .
He has been a speaker for financial seminars including Futures West and the Dow Jones Financial Symposium which travels throughout the world.. Coauthor of “ Trading Applications Of Japanese Candlestick Charting ” a John Wiley publication .

Kitco News, Released on 8/24/20
The annual Jackson Hole Symposium, a gathering of central bankers, economists, and financial institutions, will see its first ever virtual conference this week, and will likely set the tone for further U.S. dollar depreciation, said Gary Wagner, editor of TheGoldForecast.com.
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“When you’ve got all of the major central banks getting together, they recognize the need for a long-term plan rather than what’s the economy going to look like next year, they’re actually looking out at the next decade. What that tells me is that they know that the crisis we’re in is not going to be resolved overnight and so that’s what’s so critically important,” Wagner told Kitco News. “I believe that it could have a detrimental effect on the U.S. dollar. If it does, we will see gold take off and that will indicate the bottom of this recent [gold price] correction.”
Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazine as well as Barrons. He is the executive producer of “The Gold Forecast,” a daily video newsletter. He has been a speaker for financial seminars including Futures West and the Dow Jones Financial Symposium which travels throughout the world.. Coauthor of “Trading Applications Of Japanese Candlestick Charting” a John Wiley publication.


investmentwatchblog--2020-08-24--Ohio’s House Initiates Impeachment Process against Gov. Mike DeWine

A group of State Representatives introduced a Resolution of Impeachment to have Ohio Governor Mike DeWine removed from office over @ @ @ @ @ Rep. Nino Vitale announced Monday morning that the House has initiated the first steps of @ @ @ @ @ an exceptionally rare move , House Republicans moved to impeach a Governor of the same @ @ @ @ @ by Reps. George Lang , Candice Keller , Paul Zeltwanger and John Becker , Republican @ @ @ @ @ first time in more than a century that Ohio lawmakers have filed articles of impeachment @ @ @ @ @ See Articles of Impeachment here .

A group of State Representatives introduced a Resolution of Impeachment to have Ohio Governor Mike DeWine removed from office over his handling of COVID-19.
Rep. Nino Vitale announced Monday morning that the House has initiated the first steps of the impeachment process.
In an exceptionally rare move, House Republicans moved to impeach a Governor of the same party.
Vitale is joined by Reps. George Lang, Candice Keller, Paul Zeltwanger and John Becker, Republican co-sponsors.
This is the first time in more than a century that Ohio lawmakers have filed articles of impeachment against a sitting governor.
See Articles of Impeachment here.


investmentwatchblog--2020-08-24--Economists see chance of a double-dip recession… White-collar workers feel squeeze… Govt debt at WWI

Economists see chance of a double-dip recession… White-collar workers feel squeeze… Govt debt at WWII levels…

• Eighty percent of economists surveyed by NABE said they see a 1-in-4 chance of a double-dip recession .
• The survey , by the National Association of Business Economists , also gave Congress a mixed review when considering its fiscal stimulus effort , but the Fed got the best grade since 2007 for its monetary policy response .
• The economists are concerned about the increasing amount of U.S. debt , with 88 % at least “ somewhat ” concerned and 22 % are very concerned .
As countries world-wide boost spending to battle the new coronavirus , government @ @ @ @ @ @ @ since World War II .
Among advanced economies , debt rose to 128 % of global gross domestic product as of July , according to the International Monetary Fund .
In 1946 , it came to 124 % .
For now , governments shouldn ’ t worry about mounting debt and instead focus on bringing the virus under control , said Glenn Hubbard , chairman of the Council of Economic Advisers under President George W. Bush .
The coronavirus recession that began as a short-term shutdown devastating low-wage workers is now bearing down @ @ @ @ @ @ @ been slower to rehire and job losses are more likely to be permanent .
Lower-paid workers are losing their jobs at about three times the rate of higher-wage employees .
But the drop in overall employment that white-collar industries like real estate , information and professional and technology services have seen in five months is already on par with or worse than the hits they took during the Great Recession — underscoring how even highly paid workers with the ability to telework are vulnerable now .
As the economy begins to crawl back @ @ @ @ @ @ @ are recovering at a faster clip than those at the higher end of the pay scale , where new job postings have been weak by comparison .
Job postings for higher-wage occupations — those offering roughly $ 50,000 or more annually — remain 28 percent below last year ’ s trend , while lower-wage postings for jobs offering around $ 30,000 or less are down only 12 percent , according to the hiring platform Indeed .
New Orleans Braces for Evictions ; Belongings Pile Up on Streets… US Default Bomb Goes Off : @ @ @ @ @ @ @ Large Corporate Bankruptcies “ It pains me to say this , but bankruptcy is a growth industry in America ” One of the most alarming facts about this crisis is the pace at which bankruptcies are rising .
Despite an $ 11 trillion liquidity injection and government aid in 2020 , stocks and bonds at all-time highs and sovereign as well as corporate yields at all-time lows , companies are going bust at the fastest pace since the Great Depression .
Global Dividend Plunge to Be Worst Since Financial Crisis The coronavirus crisis @ @ @ @ @ @ @ firms slash dividend payouts between 17 % -23 % this year or what could be as much as $ 400 billion , a new report has shown , although sectors such as tech are fighting the trend .

Economists see chance of a double-dip recession…
Eighty percent of economists surveyed by NABE said they see a 1-in-4 chance of a double-dip recession.
The survey, by the National Association of Business Economists, also gave Congress a mixed review when considering its fiscal stimulus effort, but the Fed got the best grade since 2007 for its monetary policy response.
The economists are concerned about the increasing amount of U.S. debt, with 88% at least “somewhat” concerned and 22% are very concerned.
Govt Debt at WWII Levels — Cutting Won’t Be Easy…
As countries world-wide boost spending to battle the new coronavirus, government debt has soared to levels not seen since World War II.
Among advanced economies, debt rose to 128% of global gross domestic product as of July, according to the International Monetary Fund. In 1946, it came to 124%.
For now, governments shouldn’t worry about mounting debt and instead focus on bringing the virus under control, said Glenn Hubbard, chairman of the Council of Economic Advisers under President George W. Bush.
White-collar workers feel squeeze…
The coronavirus recession that began as a short-term shutdown devastating low-wage workers is now bearing down on white-collar America, where employers have been slower to rehire and job losses are more likely to be permanent.
Lower-paid workers are losing their jobs at about three times the rate of higher-wage employees. But the drop in overall employment that white-collar industries like real estate, information and professional and technology services have seen in five months is already on par with or worse than the hits they took during the Great Recession — underscoring how even highly paid workers with the ability to telework are vulnerable now.
As the economy begins to crawl back toward its pre-coronavirus normal, lower-paying industries are recovering at a faster clip than those at the higher end of the pay scale, where new job postings have been weak by comparison. Job postings for higher-wage occupations — those offering roughly $50,000 or more annually — remain 28 percent below last year’s trend, while lower-wage postings for jobs offering around $30,000 or less are down only 12 percent, according to the hiring platform Indeed.
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New Orleans Braces for Evictions; Belongings Pile Up on Streets…
‘The Big Short 2.0’: Hedge Funds Profited Off Pain of Malls…
US Default Bomb Goes Off: 2020 Will Have A Record Number Of Large Corporate Bankruptcies
“It pains me to say this, but bankruptcy is a growth industry in America”
Bankruptcies Rise Despite Trillions Of Liquidity
One of the most alarming facts about this crisis is the pace at which bankruptcies are rising. Despite an $11 trillion liquidity injection and government aid in 2020, stocks and bonds at all-time highs and sovereign as well as corporate yields at all-time lows, companies are going bust at the fastest pace since the Great Depression.
Global Dividend Plunge to Be Worst Since Financial Crisis
The coronavirus crisis will see the world’s biggest firms slash dividend payouts between 17%-23% this year or what could be as much as $400 billion, a new report has shown, although sectors such as tech are fighting the trend.
You can smell it in the air. Some hard times coming. Everything just seems fucky. — Arbitrage.Andy (@arbitrage_andy) August 24, 2020
Current multiple expansion inline with GFC, but well ahead of the average bull market. pic.twitter.com/bGr4U5JhtK — Strategas (@StrategasRP) August 24, 2020
Morgan Stanley Warns "The First Tradable Correction Could Begin Imminently" t.co/RFTyCHENuJ — zerohedge (@zerohedge) August 24, 2020


investmentwatchblog--2020-08-24--Victoria – State of emergency extended for 12 months or until vaccine available

24/08/2020 press conference with Daniel Andrews advising that he is planning to increase Victoria ’ s State of Emergency Powers @ @ @ @ @ 12 months .

24/08/2020 press conference with Daniel Andrews advising that he is planning to increase Victoria’s State of Emergency Powers for up to an additional 12 months.
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investmentwatchblog--2020-08-24--Jim Rogers: Higher interest rates and defaults WILL RETURN

*This interview was recorded on August 16th Jim Rogers co-founded the Quantum Fund with George Soros in 1973 , helping @ @ @ @ @ a 4200 % return before “ retiring ” at age 37 .
He is considered @ @ @ @ @ greatest investors of all time .
Rogers has made two record-setting journeys – once by @ @ @ @ @ – and is in the Guinness Book of World Records for doing so .
In @ @ @ @ @ he has served as a professor at Columbia University , started his own commodity index @ @ @ @ @ commentator worldwide .
Rogers has also authored six books .
He currently lives in Singapore @ @ @ @ @ has authored a half dozen books , including : Investment Biker : Around the World @ @ @ @ @ Bestseller ) , Adventure Capitalist , Hot Commodities ( NYTimes Bestseller ) , A Bull @ @ @ @ @ to My Children , and most recently , Street Smarts .

The Income Generation, Released on 8/16/20
*This interview was recorded on August 16th
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Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before “retiring” at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys – once by motorcycle and once by car – and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has served as a professor at Columbia University, started his own commodity index and is a frequent media commentator worldwide. Rogers has also authored six books. He currently lives in Singapore with his family. Jim has authored a half dozen books, including: Investment Biker: Around the World with Jim Rogers (NYTimes Bestseller), Adventure Capitalist, Hot Commodities (NYTimes Bestseller), A Bull in China, A Gift to My Children, and most recently, Street Smarts.


investmentwatchblog--2020-08-24--V-Shaped Recovery In Housing (Both New And Existing Home Sales) As US Homeownership Rate Spikes To H

V-Shaped Recovery In Housing (Both New And Existing Home Sales) As US Homeownership Rate Spikes To Highest Since 2008

V is for victory for the US housing market .
Both existing home sales and new home sales are exhibiting @ @ @ @ @ Covid-19 .
And an even more pronounced recovery is in the national homeownership rate , @ @ @ @

by confoundedinterest17
V is for victory for the US housing market.
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Both existing home sales and new home sales are exhibiting a V-shaped recovery DESPITE the Covid-19.
And an even more pronounced recovery is in the national homeownership rate, highest since 2008.