investmentwatchblog--2020-08-24--A Society of Emasculated Liars

A Society of Emasculated Liars

Haven ’ t heard from Dr. D in a while , other than in the Comments section here at the Automatic Earth .
Where I stopped reading his comments after the umpteenth time he said the COVID fatality rate was only 0.000001 % .
I find that only repetitious , annoying and more importantly , entirely irrelevant .
But of course over the past 8 months , since I first started to address the virus problem , many things have changed .
We have a ton more information on the disease , even if we still don ’ t appear @ @ @ @ @ @ @ one thing we still do know : there is not a government on the planet that has a mandate to kill off its own citizens .
And so measures will continue to be taken , no matter how misguided they may be , as long as the virus spreads and people die .
For the media , or what ’ s left of them by now , COVID is identical to a presidential election : an opportunity to generate clickbait dollars .
The priority is not to get the most relevant information to @ @ @ @ @ @ @ way , it ’ s to present things in those ways that cause the most scandal and anger , because that is what sells .
More specifically about Dr. D ’ s article below : It ’ s absurd to claim that Andrew Cuomo killed 20,000 people , just like it ’ s insane to claim Trump killed 170,000 , something I nevertheless read multiple times every single day .
What ’ s neither absurd nor insane is to acknowledge that the US health care system is a giant black hole where money @ @ @ @ @ @ @ But neither man built that system , it was a society-wide effort .
Fix that and you won ’ t have to rely on politicians to deal with matters they don ’ t know the first thing about .
“ But we listen to the scientists ” , they all say .
That doesn ’ t help if you don ’ t know which scientists to listen to , and to find that out you need to know more about the topic .
Catch 22 .
There are many many things wrong with @ @ @ @ @ @ @ the end they merely epitomize the American political system as a whole , just like their COVID-related actions epitomize the failures of the health care system .
Neither system was at all prepared for a pandemic , despite decades of warnings that it would come at some point .
Nor is this just an American problem .
European countries , though they often have very differently structured health care systems , were caught just as unawares and unprepared .
And you can think and hope that this won ’ t happen again , @ @ @ @ @ @ @ ready for the next one , but I wouldn ’ t be so sure .
There ’ s not enough money , or power , to be gained from such things .
And no , lockdowns and face masks are not in and of themselves useless or oppressive , but you always need to weigh when to use them , and when not to .
And since nobody seems to know that either , we most often see them used for all the wrong reasons and at all the wrong places.And yes , @ @ @ @ @ @ @ But none of this is a reason for me not to let Dr. D speak .
Dr. D : NY ’ s Governor Andrew Cuomo bans dancing .
When are we going to realize they are the lemon-sucking church ladies ?
He does this AFTER he killed 20,000 people , AFTER the ICUs are long empty , AFTER there are no deaths in NY at all .
They ’ re already intentionally killed 20,000 elderly citizens with their ‘ helping ’ in a nod to the old eugenics programs .
Isn ’ t @ @ @ @ @ @ @ growing up , “ How could Germany happen ?
” Didn ’ t seem that hard to understand to me : men are men .
We are not immune .
But here watching such madness universally lauded as the best outcome , an example to all , is certainly not what I most expected .
So…crime up 400 % in NYC , muggers are beating police and murdering people in the streets .
Since this is generally a response to the lockdowns , it won ’ t be a minute until the bad @ @ @ @ @ @ @ lives than the virus .
…Like I said .
But beyond that , it has ruined more lives by actually removing all fun , all humor , all discussion , all discovery , all ‘ humanity ’ from society toward each other .
Mask-Nazis are beating fellow shoppers for non-compliance .
In what seems to be a competition to show that they don ’ t believe either in Covid , or in masks at all .
If a guy was a leper , would you run up and jump on him to hang @ @ @ @ @ @ @ not believe – in any way – that this is real .
That this is dangerous .
They just are ze rules .
And ze rules are ze rules .
Papers please , citizen .
Except when it ’ s US , we ’ re the good people and we ourselves don ’ t follow ze rules…you understand .
Astonishing .
Even if it were dangerous , wouldn ’ t there be a human approach to this : Oh do you have a condition ?
Did you forget ?
Did you know our @ @ @ @ @ @ @ In my experience so far , the PoA , Person of Authority , comes up with their mask below their nose , gets 2 feet away , then proceeds to order you about while having not the faintest idea what the actual law – that is , non-law , never passed , doesn ’ t exist — policy , is .
Then I have to quote their policy TO them , they having never even THOUGHT to read it themselves , while they protest ignorance of the law…to me .
Ain ’ t @ @ @ @ @ @ @ only literate and can read the little black lines .
Their city , state , corporation posted it publicly .
Not genius level .
The compliant and fully participating people , quaran-teaming , staying home , wearing masks , also then have people over if it ’ s their mother/brother/friend…who is then in their own quarantine…which you just broke completely…with not the slightest self-awareness of science , while spending time complaining about “ stupid red people who won ’ t wear masks ” …while the parties doing the complaining are themselves medical professionals @ @ @ @ @ @ @ ’ s “ us ” it ’ s not dangerous , the ‘ Rona is our god , the ‘ Rona can tell .
…Oh wait : just like I said .
Any quarantine will be quarantine theater , and the worst of all worlds .
We ’ ll BOTH destroy the economy – by which I mean the jobs and dreams of all who work , leaving the traders , insiders and oligarchs stronger than ever – AND have no reduction in transmission .
Which exactly happened .
Killing TWICE as many @ @ @ @ @ @ @ the virus at all , which has killed hardly anyone not on death ’ s door , and still counting .
But that ’ s okay : we saw the same “ camera off , mask off ” behavior by Birx , Fauci , and every reporter at the White House .
Again , they don ’ t believe a word .
Because again , if this was a Black Plague , coughing up blood with a black neck , they wouldn ’ t act this way .
This is what happens when @ @ @ @ @ @ @ : your brain takes it in , it can follow , but your heart and body know better and stand aside .
They are not “ integrated.
” Which means you are a person lacking “ integrity.
” Worse , when everything is a lie , soon you stop even examining data as it arrives , putting it in its proper place ( e.g .
that Covid CAN hurt you , but the numbers are different ) and resisting or pushing back on the lies , so that there is a ) open @ @ @ @ @ @ @ , worked-out agreement on size , scale , and approach .
Universal lies here lead to universal obedience despite all science , math , statistics , and personal experience , as we see ; but also universal disobedience , yes as we see that some resist , but most just don ’ t follow the rules and claim they are , then justify themselves while attacking the “ other ” on the thinnest pretenses , the worst of both worlds .
Just like the lemon-sucking church ladies .
“ There but for the @ @ @ @ @ @ @ , it ’ s a good thing masks don ’ t work against viruses at all , or I ’ d be annoyed about this stuff .
As it is , it ’ s simply compliance theatre , and having a lifetime of that already , I have a wealth of experience in how to navigate our oppressive , hypocritical , insane , unscientific , and self-defeating our culture , which will spare no expense to use a helicopter to track you down in the Outback , in the most solitary outreaches , @ @ @ @ @ @ @ that was never passed and doesn ’ t exist .
Every day .
With every person .
Because of the lies no one will address , and the self-evident right and order no one will remedy .
Like Assange .
But don ’ t worry , with our world-wide slave markets , human trafficking , organ harvesting , family-killing , property-destroying , mis-reporting , slanderous , self-serving ways , we ’ re everso much more enlightened than 1950 , before the civil rights they trot out all day , having done not a @ @ @ @ @ @ @ to in the last 50 years .
They also are now all so young , they mis-remember everything it actually was , and just invent , make up , fabricate , whatever-they-want-it-to-be .
Reality-as-democracy , the mob , the majority , decide what ’ s reality , and then it is so !
Reviving MLK ’ s peace torches and peace bricks , I ’ m sure .
The Southern Democrats manning the front lines for Integrated schools against evil Republican Governors from Ohio , while openly communist JFK joined hands with Khrushchev @ @ @ @ @ @ @ justice re-education camps , just like Bernie ’ s organizers said .
I mean , that ’ s how I remember it , right ?
This is where lies get you .
This is why people warn not to use them , you know , right before they use them on you .
It ’ s because “ People who can get you to believe absurdities , can get you to commit atrocities.
” As we see very clearly today .
This is the one motto of Cuomo and the rest : We @ @ @ @ @ @ @ alone .
To their own actions and their own consequences .
Their own discovery .
Their own lives .
The only ways are my ways .
The only opinions are my opinions .
The One True Party UniOpinion™ .
Submit or die .
“ When people are forced to remain silent when they are being told the most obvious lies , or even worse when they are forced to repeat the lies themselves , they lose once and for all their sense of probity .
To assent to obvious lies is…in some small @ @ @ @ @ @ @ ’ s standing to resist anything is thus eroded , and even destroyed .
A society of emasculated liars is easy to control.
” – Dalrymple We try to run the Automatic Earth on donations .
Since ad revenue has collapsed , your support is now an integral part of the process .
Thank you for your ongoing support .

by Raúl Ilargi Meijer
Edward Hopper Tables for ladies 1930
Haven’t heard from Dr. D in a while, other than in the Comments section here at the Automatic Earth. Where I stopped reading his comments after the umpteenth time he said the COVID fatality rate was only 0.000001%. I find that only repetitious, annoying and more importantly, entirely irrelevant.
But of course over the past 8 months, since I first started to address the virus problem, many things have changed. We have a ton more information on the disease, even if we still don’t appear to know much about it. But one thing we still do know: there is not a government on the planet that has a mandate to kill off its own citizens. And so measures will continue to be taken, no matter how misguided they may be, as long as the virus spreads and people die.
For the media, or what’s left of them by now, COVID is identical to a presidential election: an opportunity to generate clickbait dollars. The priority is not to get the most relevant information to readers and viewers in the best possible way, it’s to present things in those ways that cause the most scandal and anger, because that is what sells.
More specifically about Dr. D’s article below: It’s absurd to claim that Andrew Cuomo killed 20,000 people, just like it’s insane to claim Trump killed 170,000, something I nevertheless read multiple times every single day. What’s neither absurd nor insane is to acknowledge that the US health care system is a giant black hole where money goes in and very little returns. But neither man built that system, it was a society-wide effort.
Fix that and you won’t have to rely on politicians to deal with matters they don’t know the first thing about. “But we listen to the scientists”, they all say. That doesn’t help if you don’t know which scientists to listen to, and to find that out you need to know more about the topic. Catch 22.
There are many many things wrong with both Trump and Cuomo, but in the end they merely epitomize the American political system as a whole, just like their COVID-related actions epitomize the failures of the health care system. Neither system was at all prepared for a pandemic, despite decades of warnings that it would come at some point.
Nor is this just an American problem. European countries, though they often have very differently structured health care systems, were caught just as unawares and unprepared. And you can think and hope that this won’t happen again, that they all will have their blueprints ready for the next one, but I wouldn’t be so sure. There’s not enough money, or power, to be gained from such things.
And no, lockdowns and face masks are not in and of themselves useless or oppressive, but you always need to weigh when to use them, and when not to. And since nobody seems to know that either, we most often see them used for all the wrong reasons and at all the wrong places.And yes, that does get to be oppressive.
But none of this is a reason for me not to let Dr. D speak.
Dr. D: NY’s Governor Andrew Cuomo bans dancing. When are we going to realize they are the lemon-sucking church ladies? He does this AFTER he killed 20,000 people, AFTER the ICUs are long empty, AFTER there are no deaths in NY at all. They’re already intentionally killed 20,000 elderly citizens with their ‘helping’ in a nod to the old eugenics programs. Isn’t that enough?
They always said, growing up, “How could Germany happen?” Didn’t seem that hard to understand to me: men are men. We are not immune. But here watching such madness universally lauded as the best outcome, an example to all, is certainly not what I most expected.
We are primarily funded by readers. Please subscribe and donate to support us!
So…crime up 400% in NYC, muggers are beating police and murdering people in the streets. Since this is generally a response to the lockdowns, it won’t be a minute until the bad economy kills more people and ruins more lives than the virus. …Like I said. But beyond that, it has ruined more lives by actually removing all fun, all humor, all discussion, all discovery, all ‘humanity’ from society toward each other. Mask-Nazis are beating fellow shoppers for non-compliance. In what seems to be a competition to show that they don’t believe either in Covid, or in masks at all. If a guy was a leper, would you run up and jump on him to hang his bells on? Clearly they do not believe – in any way – that this is real. That this is dangerous. They just are ze rules. And ze rules are ze rules. Papers please, citizen. Except when it’s US, we’re the good people and we ourselves don’t follow ze rules…you understand. Astonishing.
Even if it were dangerous, wouldn’t there be a human approach to this: Oh do you have a condition? Did you forget? Did you know our policy? Can I help you? In my experience so far, the PoA, Person of Authority, comes up with their mask below their nose, gets 2 feet away, then proceeds to order you about while having not the faintest idea what the actual law – that is, non-law, never passed, doesn’t exist — policy, is. Then I have to quote their policy TO them, they having never even THOUGHT to read it themselves, while they protest ignorance of the law…to me. Ain’t rocket science folks. I’m only literate and can read the little black lines. Their city, state, corporation posted it publicly. Not genius level.
The compliant and fully participating people, quaran-teaming, staying home, wearing masks, also then have people over if it’s their mother/brother/friend…who is then in their own quarantine…which you just broke completely…with not the slightest self-awareness of science, while spending time complaining about “stupid red people who won’t wear masks”…while the parties doing the complaining are themselves medical professionals and the medically compromised. If it’s “us” it’s not dangerous, the ‘Rona is our god, the ‘Rona can tell. …Oh wait: just like I said. Any quarantine will be quarantine theater, and the worst of all worlds.
We’ll BOTH destroy the economy – by which I mean the jobs and dreams of all who work, leaving the traders, insiders and oligarchs stronger than ever – AND have no reduction in transmission. Which exactly happened. Killing TWICE as many, because of YOUR choices, not the virus at all, which has killed hardly anyone not on death’s door, and still counting. But that’s okay: we saw the same “camera off, mask off” behavior by Birx, Fauci, and every reporter at the White House. Again, they don’t believe a word. Because again, if this was a Black Plague, coughing up blood with a black neck, they wouldn’t act this way.
This is what happens when you tell lies, especially universal lies: your brain takes it in, it can follow, but your heart and body know better and stand aside. They are not “integrated.” Which means you are a person lacking “integrity.” Worse, when everything is a lie, soon you stop even examining data as it arrives, putting it in its proper place (e.g. that Covid CAN hurt you, but the numbers are different) and resisting or pushing back on the lies, so that there is a) open discussion and b) logical, practical, worked-out agreement on size, scale, and approach. Universal lies here lead to universal obedience despite all science, math, statistics, and personal experience, as we see; but also universal disobedience, yes as we see that some resist, but most just don’t follow the rules and claim they are, then justify themselves while attacking the “other” on the thinnest pretenses, the worst of both worlds.
Just like the lemon-sucking church ladies. “There but for the grace of God go I.”
Well, it’s a good thing masks don’t work against viruses at all, or I’d be annoyed about this stuff. As it is, it’s simply compliance theatre, and having a lifetime of that already, I have a wealth of experience in how to navigate our oppressive, hypocritical, insane, unscientific, and self-defeating our culture, which will spare no expense to use a helicopter to track you down in the Outback, in the most solitary outreaches, and demand irrational compliance to a law that was never passed and doesn’t exist. Every day. With every person. Because of the lies no one will address, and the self-evident right and order no one will remedy. Like Assange.
But don’t worry, with our world-wide slave markets, human trafficking, organ harvesting, family-killing, property-destroying, mis-reporting, slanderous, self-serving ways, we’re everso much more enlightened than 1950, before the civil rights they trot out all day, having done not a single other Good Thing™ they can point to in the last 50 years. They also are now all so young, they mis-remember everything it actually was, and just invent, make up, fabricate, whatever-they-want-it-to-be. Reality-as-democracy, the mob, the majority, decide what’s reality, and then it is so! Reviving MLK’s peace torches and peace bricks, I’m sure. The Southern Democrats manning the front lines for Integrated schools against evil Republican Governors from Ohio, while openly communist JFK joined hands with Khrushchev and re-distributed property and set up social justice re-education camps, just like Bernie’s organizers said. I mean, that’s how I remember it, right?
This is where lies get you. This is why people warn not to use them, you know, right before they use them on you. It’s because “People who can get you to believe absurdities, can get you to commit atrocities.” As we see very clearly today. This is the one motto of Cuomo and the rest: We must never, ever, leave people alone. To their own actions and their own consequences. Their own discovery. Their own lives. The only ways are my ways. The only opinions are my opinions. The One True Party UniOpinion™. Submit or die.
“When people are forced to remain silent when they are being told the most obvious lies, or even worse when they are forced to repeat the lies themselves, they lose once and for all their sense of probity. To assent to obvious lies is…in some small way to become evil oneself. One’s standing to resist anything is thus eroded, and even destroyed. A society of emasculated liars is easy to control.”
– Dalrymple
We try to run the Automatic Earth on donations. Since ad revenue has collapsed, your support is now an integral part of the process.
Thank you for your ongoing support.


investmentwatchblog--2020-08-24--Portland businesses fleeing downtown offices due to nightly BLM riots

The City of Portland is on day 80-something of demorat-approved nightly chaos : Rioting , looting , burning buildings and people being injured .
It ’ s a dangerous place for residents to visit .
Apparently some businesses have had enough and are packing up and leaving .
From NY Post : “ Large companies are fleeing offices in downtown Portland — because nightly Black Lives Matter riots are making the heart of the Oregon city a no-go area , according to a report .
“ Businesses are leaving , ” Andrew Hoan , president and CEO of the Portland @ @ @ @ @ @ @ KATU .
“ The financial consequences to the downtown corridor are a running calculation that is almost impossible to wrap your mind around , ” he said — with one company already saying the riots have cost $ 20 million in damage and lost business .
“ You have blocks and blocks of plywood .
You have graffiti .
You have an accumulation of damages that are unrepaired , an ongoing perception that coming downtown is not a safe place , ” Hoan said .
“ We need to start to turn the @ @ @ @ @ @ @ of irreparable damage does not last , ” the business leader said .
Portland has seen regular violence and destruction during 83 consecutive nights of protests , with Tuesday once again being declared a riot as a mob smashed its way into a government building and set fires.
” Read the whole story here .

by DCG
The City of Portland is on day 80-something of demorat-approved nightly chaos: Rioting, looting, burning buildings and people being injured. It’s a dangerous place for residents to visit.
Apparently some businesses have had enough and are packing up and leaving. From NY Post:
“Large companies are fleeing offices in downtown Portland — because nightly Black Lives Matter riots are making the heart of the Oregon city a no-go area, according to a report.
“Businesses are leaving,” Andrew Hoan, president and CEO of the Portland Business Alliance (PBA), told KATU.
“The financial consequences to the downtown corridor are a running calculation that is almost impossible to wrap your mind around,” he said — with one company already saying the riots have cost $20 million in damage and lost business.
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“You have blocks and blocks of plywood. You have graffiti. You have an accumulation of damages that are unrepaired, an ongoing perception that coming downtown is not a safe place,” Hoan said.
“We need to start to turn the corner now, so that this sort of irreparable damage does not last,” the business leader said.
Portland has seen regular violence and destruction during 83 consecutive nights of protests, with Tuesday once again being declared a riot as a mob smashed its way into a government building and set fires.”
Read the whole story here.
Good job, demorats. Remember this in November.
DCG


investmentwatchblog--2020-08-24--Mayor candidate fakes her kidnapping for sympathy votes

She ’ s a horrible actress….she kept looking at the camera

She’s a horrible actress….she kept looking at the camera
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AC


investmentwatchblog--2020-08-24--Swiss researcher talks about India having the most advanced civilization in the past.

He says all the advanced tech we have right now was copied from the tech once existed in the Indian @ @

He says all the advanced tech we have right now was copied from the tech once existed in the Indian civilization.
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AC


investmentwatchblog--2020-08-24--Coolidge was the best president. Basically Ron Paul before Ron Paul.

Most interesting is the 2-3 minute mark .
Fascinating .

Most interesting is the 2-3 minute mark. Fascinating.
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h/t HammerOfThorazine


investmentwatchblog--2020-08-24--The WHO is Bullshit. It spends more on travel than AIDS, Malaria Tuberculosis, Hepatitis, Mental Hea

The WHO is Bullshit. It spends more on travel than AIDS, Malaria Tuberculosis, Hepatitis, Mental Health and Substance Abuse……combined.

LONDON ( AP ) — Dr. Margaret Chan , director-general of the World Health Organization , traveled to Guinea earlier @ @ @ @ @ country ’ s president in celebrating the world ’ s first Ebola vaccine .
After @ @ @ @ @ Africa for their triumph over the lethal virus , Chan spent the night in the @ @ @ @ @ beach-side Palm Camayenne hotel .
The suite , equipped with marble bathrooms and a dining @ @ @ @ @ has an advertised price of 900 euros ( $ 1,008 ) per night .
Some @ @ @ @ @ the wrong message to the rest of WHO ’ s 7,000 staffers .

LONDON (AP) — Dr. Margaret Chan, director-general of the World Health Organization, traveled to Guinea earlier this month to join the country’s president in celebrating the world’s first Ebola vaccine.
After praising health workers in West Africa for their triumph over the lethal virus, Chan spent the night in the top-tier presidential suite at the beach-side Palm Camayenne hotel. The suite, equipped with marble bathrooms and a dining room that seats eight, has an advertised price of 900 euros ($1,008) per night.
Some say such luxurious accommodations send the wrong message to the rest of WHO’s 7,000 staffers.


investmentwatchblog--2020-08-24--New Jersey Gym shut down for Covid becomes a GOP campaign office to stay open.

They were targeted by the Governor and the mayor .
They were locked out of their own business .
They @ @ @ @ @ to open up their Gym .
They were stripped of their business license for trying @ @ @ @ @ Now they are a GOP campaign headquarters and just told the State of New Jersey @ @ @ @ @ ass .

They were targeted by the Governor and the mayor.
They were locked out of their own business.
They kicked their own doors in to open up their Gym.
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They were stripped of their business license for trying to run their business.
Now they are a GOP campaign headquarters and just told the State of New Jersey to stick it up their ass.
h/t Gucky


investmentwatchblog--2020-08-24--Democrats and Republicans are chipping in money and signing petition to get rid of Nancy Pelosi! Dem

Democrats and Republicans are chipping in money and signing petition to get rid of Nancy Pelosi! Dems in congress fed up!

People are sick of Pelosi .
Mitch McConnell released a statement last night that all she cares about is getting @ @ @ @ @ office so she can get re elected .
Despite over 400 members of Democratic congress @ @ @ @ @ begging her to do a stand alone bill for unemployment insurance and eviction protection , @ @ @ @ @ ’ s not the best strategy for her political motivation .
Democratic members are fed @ @ @ @ @ to her office yesterday to try and negotiate something .
Pelosi never even had a @ @ @ @ @ to answer it .
When the media asked her about it , she said she @ @ @ @ @ office .
LOL You can sign the petition here…..

People are sick of Pelosi. Mitch McConnell released a statement last night that all she cares about is getting fake votes from the post office so she can get re elected. Despite over 400 members of Democratic congress from the House and Senate begging her to do a stand alone bill for unemployment insurance and eviction protection, she refuses! Says it’s not the best strategy for her political motivation. Democratic members are fed up! Mark Meadows came to her office yesterday to try and negotiate something. Pelosi never even had a staffer come to the door to answer it. When the media asked her about it, she said she was busy saving the post office. LOL You can sign the petition here…..
www.change.org/p/the-american-people-remove-nancy-pelosi-as-speaker-of-the-house/psf/promote_or_share
We are primarily funded by readers. Please subscribe and donate to support us!
AC


investmentwatchblog--2020-08-24--The 4% Rule Is Dead. What Should Retirees Do Now?

The 4 % Rule Is Dead .
A recent article by Shawn Langlois via MarketWatch pointed out this sobering fact but is one we have discussed previously .
Retirees have long counted on being able to retire on their assets and take out 4 % each year .
However , a little more than 20-years later , the “ death of the withdrawal rate ” has arrived .
What should retirees do now ?
The idea of the 4 % rule originally suggested that once retired , the portfolio allocation is shifted to ultra-safe Treasury bonds .
Such an allocation @ @ @ @ @ @ @ live on , plus a Government guarantee of the principal .
When the 4 % rule was put into place , Treasury yields were 5 % .
Today , they are closing in on 0.5 % .
This is a massive problem for retirees today .
As shown , $ 1 million will no longer generate a $ 50,000 income for retirement .
Today , it is just $ 6900/year .
Even more shocking has been the speed of the change .
In 2016 , it took roughly $ 5 million to generate @ @ @ @ @ @ @ that number has skyrocketed to over $ 8 million .
For both young savers , and boomers approaching retirement , the challenges of planning for retirement today are daunting .
Problem # 1 : Very Few People Have $ 8 Million While it is nice to think that throwing a few shekels into the market will magically turn into millions , the reality is far different .
As discussed in “ Why Are Boomers So Broke , ” after two of the greatest bull markets in U.S. history during their lifetime , the @ @ @ @ @ @ @ reasons , individuals simply don ’ t save money .
Currently , almost 60 % of ALL WORKING-AGE individuals DO NOT own assets in a retirement account .
However , it ’ s actually more dismal than that .
The typical working-age household has ZERO DOLLARS in retirement account assets .
Importantly , “ baby boomers ” who are nearing retirement had an average of just $ 40,000 saved for their “ golden years.
” Lastly , only 4-0ut-of-5 working-age households have retirement savings of less than one times their annual income .
@ @ @ @ @ @ @ sustainability of living standards in the “ golden years.
” According to the study by MagnifyMoney : You can ’ t get to $ 8 million if you can ’ t save to start with .
The ability of people to save money has become substantially more problematic .
I showed the following chart recently , which illustrates the gap between income , savings , and the cost of living .
When viewing the “ saving problem ” from this perspective , it is easy to understand the survey responses from Kiplinger and @ @ @ @ @ @ @ roadblocks to saving for retirement were : • The high cost of health insurance .
“ From 1999 to 2017 , the cost of family health insurance coverage has more than doubled the amount of take-home pay it consumes.
” • Disappointing investment performance .
“ Just under 30 % of all respondents ( 29.4 % ) said that disappointing investment performance had stopped them from saving as much as they would have liked to for retirement.
” • The amount of consumer debt they carried .
“ 21.3 % of Americans said @ @ @ @ @ @ @ , kept them from saving for retirement combined with the increased costs of living.
” While the Fed keeps inflating stock markets , the “ trickle-down ” effect has yet to occur .
In 1980 , $ 1 million would generate between $ 100,000 and $ 120,000 per year while the cost of living for a family of four in the U.S. was approximately $ 20,000/year .
Today , there is about a $ 50,000 shortfall between the income $ 1 million will generate and the cost of living .
This is just @ @ @ @ @ @ @ .
However , the amount of money you need in retirement is based on what you think your income needs will be when you get there .
For most , there is a desire to live a similar , or better , lifestyle in retirement .
However , over time our standard of living will increase with respect to our life-cycle stages .
Children , bigger houses to accommodate those children , education , travel , etc .
all require higher incomes .
( Which is the reason the U.S. has the largest @ @ @ @ @ @ @ ) If you are in the latter camp , like me , a “ million dollars ain ’ t gon na cut it.
” Problem # 4 : Starting Your Plan With The Wrong Estimate • John is 23 years old and earns $ 40,000 a year .
• At 67 he will have $ 1 million saved up ( assuming he actually gets that 6 % annual rate of return ) • He then withdraws 4 % of the balance to live on matching his $ 40,000 annual income .
The living @ @ @ @ @ @ @ today ’ s income level , not the future income level required to maintain the current living standard .
Look at the chart below and select your current level of income .
The number on the left is your income level today and the number on the right is the amount of income you will need in 30-years to live the same lifestyle you are living today .
This is based on the average inflation rate over the last two decades of 2.1 % .
However , if inflation runs hotter in the @ @ @ @ @ @ @ .
Here is the same chart lined out .
The chart above exposes two problems with the entire premise : • The required income is not adjusted for inflation over the savings time-frame , and ; • The shortfall between the levels of current income and what is actually required at 4 % to generate the income level needed .
The chart below takes the inflation-adjusted level of income for each bracket and calculates the asset level necessary to generate that income assuming a 4 % withdrawal rate .
This is compared to @ @ @ @ @ @ @ Investing for retirement , no matter what age you are should be done conservatively and cautiously with the goal of outpacing inflation over time .
This doesn ’ t mean you should never invest in the stock market , it just means that your portfolio should be constructed to deliver a rate of return sufficient to meet your long-term goals with as little risk as possible .
Things You Can Do Now • Save More And Spend Less : This is the only way to ensure you will be adequately prepared for retirement @ @ @ @ @ @ @ or fun , but it will absolutely work .
• You , Will , Be WRONG .
The markets go through cycles , just like the economy .
Despite hopes for a never-ending bull market , the reality is “ what goes up will eventually come down.
” • RISK does NOT equal return .
The further the markets rise , the bigger the correction will be .
RISK = How much you will lose when you are wrong , and you will be wrong more often than you think .
• Don @ @ @ @ @ @ @ paid-off house is great , but if you are going into retirement house rich and cash poor , you will be in trouble .
You don ’ t pay off your house UNTIL your retirement savings are fully in place and secure .
• Have A Huge Wad .
Going into retirement have a large cash cushion .
You do not want to be forced to draw OUT of a pool of investments during years where the market is declining .
This compounds the losses in the portfolio and destroys capital which can @ @ @ @ @ @ @ the worst .
You should want a happy and secure retirement – so plan for the worst .
If you are banking solely on Social Security and pension plans , what would happen if the pension was cut ?
Corporate bankruptcies happen all the time and to companies that most never expected .
By planning for the worst , anything other outcome means you are in great shape .
Most likely whatever retirement planning you have done is most likely overly optimistic .
Change your assumptions , ask questions , and plan for @ @ @ @ @ @ @ “ planning for the worst ” is that all other outcomes are a “ win .
”

by Lance Roberts
The 4% Rule Is Dead. A recent article by Shawn Langlois via MarketWatch pointed out this sobering fact but is one we have discussed previously. Retirees have long counted on being able to retire on their assets and take out 4% each year. However, a little more than 20-years later, the “death of the withdrawal rate” has arrived. What should retirees do now?
As noted by Shawn:
“The 4% Rule has long been used as a guideline for retirees in determining how much they should be able to withdraw from their retirement account while still maintaining a balance that will allow for the same income stream to flow through their golden years.”
The idea of the 4% rule originally suggested that once retired, the portfolio allocation is shifted to ultra-safe Treasury bonds. Such an allocation shift provided for the income required to live on, plus a Government guarantee of the principal.
Here’s the problem.
When the 4% rule was put into place, Treasury yields were 5%. Today, they are closing in on 0.5%.
This is a massive problem for retirees today. As shown, $1 million will no longer generate a $50,000 income for retirement. Today, it is just $6900/year.
Even more shocking has been the speed of the change. In 2016, it took roughly $5 million to generate $50,000/year. Just 4-years later, that number has skyrocketed to over $8 million.
For both young savers, and boomers approaching retirement, the challenges of planning for retirement today are daunting.
Problem #1: Very Few People Have $8 Million
While it is nice to think that throwing a few shekels into the market will magically turn into millions, the reality is far different. As discussed in “Why Are Boomers So Broke,” after two of the greatest bull markets in U.S. history during their lifetime, the savings statistics are depressing.
For many reasons, individuals simply don’t save money. Currently, almost 60% of ALL WORKING-AGE individuals DO NOT own assets in a retirement account.
However, it’s actually more dismal than that. The typical working-age household has ZERO DOLLARS in retirement account assets. Importantly, “baby boomers” who are nearing retirement had an average of just $40,000 saved for their “golden years.”
Lastly, only 4-0ut-of-5 working-age households have retirement savings of less than one times their annual income. This does not bode well for the sustainability of living standards in the “golden years.”
According to the study by MagnifyMoney:
“Although the average American household has saved roughly $175,000 in various types of savings accounts, only the top 10 percent to 20 percent of earners will likely have savings levels approaching or exceeding that amount. 29 percent of households have less than $1,000 in savings.”
You can’t get to $8 million if you can’t save to start with.
Problem #2: Can’t Save For Retirement
The ability of people to save money has become substantially more problematic. I showed the following chart recently, which illustrates the gap between income, savings, and the cost of living.
“The continued increases in debt, which was used to fill the gap between income and the cost of living, contributed to the retardation of economic growth.”
When viewing the “saving problem” from this perspective, it is easy to understand the survey responses from Kiplinger and Personal Capital. Americans said the biggest roadblocks to saving for retirement were:
The high cost of health insurance. “From 1999 to 2017, the cost of family health insurance coverage has more than doubled the amount of take-home pay it consumes.”
“From 1999 to 2017, the cost of family health insurance coverage has more than doubled the amount of take-home pay it consumes.” Disappointing investment performance. “Just under 30% of all respondents (29.4%) said that disappointing investment performance had stopped them from saving as much as they would have liked to for retirement.”
The amount of consumer debt they carried. “21.3% of Americans said that debt, not including student loans, kept them from saving for retirement combined with the increased costs of living.”
While the Fed keeps inflating stock markets, the “trickle-down” effect has yet to occur.
Problem #3: Don’t Forget The Inflation
In 1980, $1 million would generate between $100,000 and $120,000 per year while the cost of living for a family of four in the U.S. was approximately $20,000/year. Today, there is about a $50,000 shortfall between the income $1 million will generate and the cost of living.
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This is just a rough calculation based on historical averages. However, the amount of money you need in retirement is based on what you think your income needs will be when you get there.
For most, there is a desire to live a similar, or better, lifestyle in retirement. However, over time our standard of living will increase with respect to our life-cycle stages. Children, bigger houses to accommodate those children, education, travel, etc. all require higher incomes. (Which is the reason the U.S. has the largest retirement savings gap in the world.)
If you are in the latter camp, like me, a “million dollars ain’t gonna cut it.”
Problem #4: Starting Your Plan With The Wrong Estimate
Let’s set up a simplistic example.
John is 23 years old and earns $40,000 a year.
He saves $14 a day
At 67 he will have $1 million saved up (assuming he actually gets that 6% annual rate of return)
He then withdraws 4% of the balance to live on matching his $40,000 annual income.
That pretty straightforward math.
IT’S ENTIRELY WRONG.
The living requirement in 44 years is based on today’s income level, not the future income level required to maintain the current living standard.
Look at the chart below and select your current level of income. The number on the left is your income level today and the number on the right is the amount of income you will need in 30-years to live the same lifestyle you are living today.
The Inflation-Equation
This is based on the average inflation rate over the last two decades of 2.1%. However, if inflation runs hotter in the future, these numbers become materially larger.
Here is the same chart lined out.
The chart above exposes two problems with the entire premise:
The required income is not adjusted for inflation over the savings time-frame, and; The shortfall between the levels of current income and what is actually required at 4% to generate the income level needed.
The chart below takes the inflation-adjusted level of income for each bracket and calculates the asset level necessary to generate that income assuming a 4% withdrawal rate. This is compared to common recommendations of 25x current income.
So, if you need to fund a $50,000 lifestyle in 30 years, assuming a 4% withdrawal rate, it would require a future balance of more than $2 million. Unfortunately, this is no longer realistic. Based on current valuations in the 95th percentile, and interest rates below 1%, the ability to get anywhere close to 4% is unlikely. Such is going to leave a majority of people working well into their retirement years.
Start Rethinking Your Plan
The analysis above reveals the important points individuals should consider in their financial planning process: Expectations for future returns and withdrawal rates should be downwardly adjusted.
The potential for front-loaded returns going forward is unlikely.
The impact of taxation must be considered in the planned withdrawal rate.
Future inflation expectations must be carefully considered.
Drawdowns from portfolios during declining market environments accelerate the principal bleed. Plans should be made during up years to harbor capital for reduced portfolio withdrawals during adverse market conditions.
Plans should be made during up years to harbor capital for reduced portfolio withdrawals during adverse market conditions. The yield chase over the last 11-years, and low interest rate environment, has created an extremely risky environment for retirement income planning. Caution is advised.
Expectations for compounded annual rates of returns should be dismissed in lieu of plans for variable rates of future returns.
Investing for retirement, no matter what age you are should be done conservatively and cautiously with the goal of outpacing inflation over time. This doesn’t mean you should never invest in the stock market, it just means that your portfolio should be constructed to deliver a rate of return sufficient to meet your long-term goals with as little risk as possible.
Things You Can Do Now
Save More And Spend Less: This is the only way to ensure you will be adequately prepared for retirement. It ain’t sexy, or fun, but it will absolutely work. You, Will, Be WRONG. The markets go through cycles, just like the economy. Despite hopes for a never-ending bull market, the reality is “what goes up will eventually come down.” RISK does NOT equal return. The further the markets rise, the bigger the correction will be. RISK = How much you will lose when you are wrong, and you will be wrong more often than you think. Don’t Be House Rich. A paid-off house is great, but if you are going into retirement house rich and cash poor, you will be in trouble. You don’t pay off your house UNTIL your retirement savings are fully in place and secure. Have A Huge Wad. Going into retirement have a large cash cushion. You do not want to be forced to draw OUT of a pool of investments during years where the market is declining. This compounds the losses in the portfolio and destroys capital which cannot be replaced. Plan for the worst. You should want a happy and secure retirement – so plan for the worst. If you are banking solely on Social Security and pension plans, what would happen if the pension was cut? Corporate bankruptcies happen all the time and to companies that most never expected. By planning for the worst, anything other outcome means you are in great shape.
Most likely whatever retirement planning you have done is most likely overly optimistic.
Change your assumptions, ask questions, and plan for the worst.
The best thing about “planning for the worst” is that all other outcomes are a “win.”


investmentwatchblog--2020-08-24--List of Telehealth/Virtual Visit Options

Some of these require a specific insurance ; most do not .
Most are relatively affordable .
Please add to @ @ @ @ @ of any additional resources !
Blue Cross Blue Sheild – Instructions to sign up for @ @ @ @ @ ) – www.bcbstx.com/find-a-doctor-or-hospital/virtual-doctor-visit

by redlollipop
Some of these require a specific insurance; most do not. Most are relatively affordable.
Please add to this list if you know of any additional resources!
Teladoc – www.teladoc.com/
Zocdoc – www.zocdoc.com/about/coronavirus-covid-19/
LiveHealth Online – livehealthonline.com/
Doctor on Demand – www.doctorondemand.com/
MDLive – www.mdlive.com/
CVS – www.cvs.com/minuteclinic/virtual-care/video-visit
United Health (insurance provider; for members) – www.uhc.com/individual-and-family/member-resources/health-care-tools/virtual-visits
Blue Cross Blue Sheild – Instructions to sign up for virtual visits (for members) – www.bcbstx.com/find-a-doctor-or-hospital/virtual-doctor-visit
Cigna Telehealth Connection – www.cigna.com/individuals-families/member-resources/telehealth-connection-program
We are primarily funded by readers. Please subscribe and donate to support us!
Humana Virtual Visits – www.humana.com/manage-your-health/home-and-community-support/telemedicine#
Kaiser Permanente (insurance provider; for members) – my.kp.org/shbp/kp-now-telemedicine-appointment/
CareClix – www.careclix.com/covid19
MeMD – www.memd.net/
AmWell – amwell.com/cm/how-it-works/
Virtuwell – www.virtuwell.com/how-it-works
One Medical – www.onemedical.com/virtual-care/
K Health – www.khealth.ai/
Roman Health – www.getroman.com/coronavirus/
PlushCare – plushcare.com/
HealthTap – www.healthtap.com/for-members
Providence – virtual.providence.org/index.html


investmentwatchblog--2020-08-24--Dave Kranzler: Why Is Warren Buffett Buying Gold Stocks?

One of the bigger pieces of recent gold market news was that Warren Buffett made an investment in Barrick Gold @ @ @ @ @ contradiction with many of Warren ’ s former comments on gold .
Dave Kranzler explains @ @ @ @ @ on .
Dave Kranzler spent many years working in various Wall Street jobs .
After @ @ @ @ @ traded junk bonds for a large bank .
Dave graduated from Oberlin College with majors @ @ @ @ @ he also has an MBA from the University of Chicago , with a concentration in @ @ @ @ @ , he co-manages a precious metals and mining stock investment fund in Denver .
He @ @ @ @ @ experience in studying , researching , analyzing and investing in the financial markets .
His @ @ @ @ @ at his site , Investment Research Dynamics .

Arcadia Economics, Released on 8/23/20
One of the bigger pieces of recent gold market news was that Warren Buffett made an investment in Barrick Gold. The move seems in contradiction with many of Warren’s former comments on gold. Dave Kranzler explains what he thinks is going on.
We are primarily funded by readers. Please subscribe and donate to support us!
Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denver. He has nearly thirty years of experience in studying, researching, analyzing and investing in the financial markets. His daily articles can be found at his site, Investment Research Dynamics.


investmentwatchblog--2020-08-24--Chris Martenson: Avoid the trap the system is setting to imprison you

Millions of people are about to enter a financial purgatory , becoming little more than modern-day slaves .
While they ’ ll be reported by the media as those “ evicted ” or “ foreclosed on ” , if we define a slave as someone forced to work for another by existing legal circumstances or approved cultural norms , then that ’ s exactly what these people should actually be called : slaves .
Allow me to make my case .
Being ‘ One Step Removed ’ Is All Evil Needs Slavery can exist when there ’ s a system @ @ @ @ @ @ @ a combination of morals ( or , rather , lack thereof ) and laws that allow one human to control the daily actions of another .
Neither a slave ’ s time nor personal freedom belong to them .
I learned a long time ago that most humans , at best , have what we might call ‘ shallow ’ morals .
There are chemical engineers who would never dump a toxin directly into a child ’ s cereal bowl , because that would be immoral ; but they ’ ll casually and @ @ @ @ @ @ @ which may eventually end up in the local milk supply ) because they have an EPA permit to do so .
If questioned , these same engineers know that there ’ s a chance , maybe even a very good chance , that the injected chemicals could end up somewhere unintended .
But because their actions today are one step removed from the consequences of tomorrow , that ’ s enough to get them off of a moral hook .
In other words , their morals don ’ t extend past that first @ @ @ @ @ @ @ They are therefore ‘ shallow ’ morals .
‘ Deeper ’ morals would include a sense of responsibility for the entire lifespan of the chemicals in question .
Similarly , mortgage companies are staffed to the gills with people who could never themselves forcibly eject an elderly person and all of their possessions onto the curb outside the home they ’ d lived in for 50 years .
It would be morally upsetting .
But they routinely submit the paperwork that causes these things to happen nonetheless .
Luckily for the mortgage company @ @ @ @ @ @ @ who actually handle the evictions .
Luckily for the sheriffs involved , somebody else ’ s decision was responsible for the eviction .
Both the sheriffs and the mortgage company employees are similarly insulated from any moral qualms because neither was directly responsible for Granny or Grampa ’ s plight .
They ’ re just “ following orders ” .
One step removed .
That ’ s all it takes .
The point here is that as long as people have just one degree of separation from their actions , that ’ s @ @ @ @ @ @ @ may arise .
What we can not stomach to do ourselves can be more easily overlooked if someone else is performing the deed .
The largest and most obvious one step removed ‘ dodge ’ in play right now is the US Federal Reserve ’ s evasion of moral responsibility for making the wealth gap explode wider , destroying the financial futures of tens of millions of American households .
After printing up a bubble that ruined many in the 1990 ’ s , eventually bursting in the year 2000 , the Fed @ @ @ @ @ @ @ .
That burst in 2008 .
And now they are back at it again .
Every step of the way , the Fed policies resulted in the rich getting richer , the middle classes and the poor being financially eviscerated , and future generations getting hosed .
How do the Fed ’ s staffers sleep at night ?
By delusional thinking like this : The necessary one degree of separation for Jay “ pants on fire ” Powell to say such obviously flawed things is provided by “ the markets ” , which @ @ @ @ @ @ @ printed by the FEd quickly end up .
That goosed markets then benefit the already-rich is simple to deduce .
Those who own lots of stocks and bonds as well as those who operate the most intimate details of the financial machinery are rewarded instantly by higher prices .
They become instantly richer .
Which means they can afford to buy more ‘ real ’ things like land , buildings , businesses , factories , gold , fine art — you name it .
Well-connected entities like BlackRock are actually in bed with @ @ @ @ @ @ @ for helping it spend its vast gobs of newly-created currency : BlackRock Is Bailing Out Its ETFs with Fed Money and Taxpayers Eating Losses ; It ’ s Also the Sole Manager for $ 335 Billion of Federal Employees ’ Retirement Funds Today [ June 4 , 2020 ] , BlackRock has been selected in more no-bid contracts to be the sole buyer of corporate bonds and corporate bond ETFs for the Fed ’ s unprecedented $ 750 billion corporate bond buying program which will include both investment grade and junk-rated bonds .
@ @ @ @ @ @ @ add more investment managers to the program eventually . )
BlackRock is being allowed by the Fed to buy its own corporate bond ETFs as part of the Fed program to prop up the corporate bond market .
According to a report in Institutional Investor on Monday , BlackRock , on behalf of the Fed , “ bought $ 1.58 billion in investment-grade and high-yield ETFs from May 12 to May 19 , with BlackRock ’ s iShares funds representing 48 percent of the $ 1.307 billion market value at the end of @ @ @ @ @ @ @ May 30 report.
” No bid contracts and buying up your own products , what could possibly be wrong with that ?
To make matters even more egregious , the stimulus bill known as the CARES Act set aside $ 454 billion of taxpayers ’ money to eat the losses in the bail out programs set up by the Fed .
A total of $ 75 billion has been allocated to eat losses in the corporate bond-buying programs being managed by BlackRock .
Since BlackRock is allowed to buy up its own ETFs @ @ @ @ @ @ @ eating losses that might otherwise accrue to billionaire Larry Fink ’ s company and investors .
On the one hand , BlackRock is busy buying all sorts of things to stuff on the Fed ’ s balance sheet .
On the other hand , BlackRock has access to unlimited capital at the most favorable terms/prices in the world .
On a third hand , BlackRock is busy buying up distressed properties from recently foreclosed Americans who couldn ’ t manage to stretch a $ 1,200 stimulus check across 8 months of being out @ @ @ @ @ @ @ and these recently dispossessed Americans will find themselves no longer owning a home .
Instead , they ’ ll rent one from the no-bid contract winners like BlackRock , who were literally hand-picked by the Fed .
When there ’ s no money to be found to help working-class families , you can be certain there are still unlimited billions available to keep outfits like BlackRock supremely well incentivized to… uh , keep doing what they already were doing anyways : Getting obscenely rich .
Now , instead of working for themselves to @ @ @ @ @ @ @ newly dispossessed Americans will still have to live somewhere .
Many of them will end up renting from Wall Street entities like BlackRock .
How do I know this ?
Because that playbook page already exists .
It ’ s an observed reality .
It ’ s been done before and it will happen again .
We saw this in the aftermath of the housing crash/Great Financial Crisis : When Wall Street Is Your Landlord [ T [ he government incentivized Wall Street to step in .
In early 2012 , it launched @ @ @ @ @ @ @ to easily purchase foreclosed homes by the hundreds from the government agency Fannie Mae .
These new owners would then rent out the homes , creating more housing in areas heavily hit by foreclosures .
Between 2011 and 2017 , some of the world ’ s largest private-equity groups and hedge funds , as well as other large investors , spent a combined $ 36 billion on more than 200,000 homes in ailing markets across the country .
In one Atlanta zip code , they bought almost 90 percent of the 7,500 homes @ @ @ @ @ @ @ ; today , institutional investors own at least one in five single-family rentals in some parts of the metro area .
I talked with tenants from 24 households who lived or still live in homes owned by single-family rental companies .
I also reviewed 21 lawsuits against three such companies in Gwinnett County , a suburb of Atlanta devastated by the housing crash .
The tenants claim that , far from bringing efficiency and ease to the rental market , their corporate landlords are focusing on short-term profits in order to please shareholders @ @ @ @ @ @ @ and even safety .
Many of the families I spoke with feel stuck in homes they don ’ t own , while pleading with faraway companies to complete much-needed repairs—and wondering how they once again ended up on the losing end of a Wall Street real estate gamble .
In today ’ s reality , the Federal Reserve is deciding , unilaterally and without any effective oversight or requiring a single vote from a single American , who should be the winners and who should be the losers .
Should we be surprised @ @ @ @ @ @ @ and ‘ we the people ’ the losers ?
To be fair , this isn ’ t BlackRock ’ s fault , right ?
It ’ s simply how the system is currently set up .
It ’ s just the prevailing legal and moral framework , right ?
What do they say on Wall Street to point out the one step removed angle : “ Don ’ t hate the player , hate the game ” ?
Well , maybe that works in pro basketball .
But in finance , where the @ @ @ @ @ @ @ the rules , I don ’ t think that saying provides much air cover .
Here in August 2020 after the coronavirus ( combined with a desperately poor series of managerial decisions by politicians and career health ‘ authorities ’ ) laid waste to the economy , it ’ s perfectly clear that much actually was learned from the 2008 crisis .
The wealthy learned that you can pretty much get away with anything you want .
And so they ’ re at it again .
Corporations learned to hoover up the free @ @ @ @ @ @ @ learned that the Fed would always cover their losses and to ‘ buy the dip.
’ Nowhere along the way did anybody seem to learn the importance of community , watching out for your fellow citizens , having integrity , or caring about the future .
Savers and the prudent alike have been literally punished for being responsible .
Finding The Way Out Once you see through the ‘ one step removed ’ lens , you ’ ll begin to see it everywhere .
Too many people do things that aren ’ t @ @ @ @ @ @ @ ) once the totality of the actions are taken into account .
A corollary to this is that the measure of a person can be observed in their actions when nobody is looking .
Far more impressive than the thousands YouTube clips showing a supposed samaritan help an unfortunate soul ( while a camera just happens to be recording from a perfect angle followed by a quick upload to 8 different social media channels ) is the person who helps another when no one else is there to watch .
“ The system @ @ @ @ @ @ @ moral cover for BlackRock and other similarly fabulously wealthy parties to sweep in and take advantage of current circumstances to make a few billion extra bucks .
When the dust settles after the pandemic subsides , we ’ ll find that another large fraction of the assets of our nation – it ’ s houses , soil and productive enterprises – will have been transferred ( again ! )
to the tiny minority already at the top of the wealth pyramid .
The process used will continue to be simply this : the @ @ @ @ @ @ @ air , hands it to Wall Street , which in turn buys up the productive assets of the country .
If challenged , each party has its own ‘ one step removed ’ cover story ready to go .
Once upon a time , our cultural and legal principles sadly allowed the productive output of people called slaves to belong to people we called slave owners .
Today , there ’ s a codified system of financial rules and a supporting legal framework that assigns the productive output of the poor and middle @ @ @ @ @ @ @ process was direct .
The latter process has the same outcome ; it ’ s just simply one step removed .
So how do we free ourselves from the shackles the system is trying so hard to place us in ?
In Part 2 : The Way Out , I share the strategies I ’ m implementing in my personal life/homestead/community to build wealth that can ’ t be easily stolen by the printing press or over-reaching authorities .
The truth is we live in an exceptionally challenging time : for our wealth @ @ @ @ @ @ @ ability to pursue happiness .
There are no guarantees except this : to do nothing is to walk willingly into the trap being set for you .
Click here to read Part 2 of this report ( free executive summary , enrollment required for full access ) .

by Chris Martenson
Millions of people are about to enter a financial purgatory, becoming little more than modern-day slaves.
While they’ll be reported by the media as those “evicted” or “foreclosed on”, if we define a slave as someone forced to work for another by existing legal circumstances or approved cultural norms, then that’s exactly what these people should actually be called: slaves.
Too harsh?
Allow me to make my case.
Being ‘One Step Removed’ Is All Evil Needs
Slavery can exist when there’s a system that allows it. It’s a combination of morals (or, rather, lack thereof) and laws that allow one human to control the daily actions of another. Neither a slave’s time nor personal freedom belong to them.
I learned a long time ago that most humans, at best, have what we might call ‘shallow’ morals. There are chemical engineers who would never dump a toxin directly into a child’s cereal bowl, because that would be immoral; but they’ll casually and routinely inject toxins into groundwater tables (which may eventually end up in the local milk supply) because they have an EPA permit to do so.
If questioned, these same engineers know that there’s a chance, maybe even a very good chance, that the injected chemicals could end up somewhere unintended. But because their actions today are one step removed from the consequences of tomorrow, that’s enough to get them off of a moral hook.
In other words, their morals don’t extend past that first action — they stop right there. They are therefore ‘shallow’ morals.
‘Deeper’ morals would include a sense of responsibility for the entire lifespan of the chemicals in question.
Similarly, mortgage companies are staffed to the gills with people who could never themselves forcibly eject an elderly person and all of their possessions onto the curb outside the home they’d lived in for 50 years. It would be morally upsetting.
But they routinely submit the paperwork that causes these things to happen nonetheless.
Luckily for the mortgage company workers it’s the sheriffs deputies who actually handle the evictions. Luckily for the sheriffs involved, somebody else’s decision was responsible for the eviction. Both the sheriffs and the mortgage company employees are similarly insulated from any moral qualms because neither was directly responsible for Granny or Grampa’s plight. They’re just “following orders”.
One step removed. That’s all it takes.
The point here is that as long as people have just one degree of separation from their actions, that’s sufficient to dodge any moral qualms that may arise. What we cannot stomach to do ourselves can be more easily overlooked if someone else is performing the deed.
The Immoral Fed
The largest and most obvious one step removed ‘dodge’ in play right now is the US Federal Reserve’s evasion of moral responsibility for making the wealth gap explode wider, destroying the financial futures of tens of millions of American households.
After printing up a bubble that ruined many in the 1990’s, eventually bursting in the year 2000, the Fed set about blowing an even larger bubble. That burst in 2008. And now they are back at it again.
Every step of the way, the Fed policies resulted in the rich getting richer, the middle classes and the poor being financially eviscerated, and future generations getting hosed.
How do the Fed’s staffers sleep at night?
By delusional thinking like this:
(Source)
The necessary one degree of separation for Jay “pants on fire” Powell to say such obviously flawed things is provided by “the markets”, which is where the trillions of dollars freshly printed by the FEd quickly end up.
That goosed markets then benefit the already-rich is simple to deduce. Those who own lots of stocks and bonds as well as those who operate the most intimate details of the financial machinery are rewarded instantly by higher prices. They become instantly richer. Which means they can afford to buy more ‘real’ things like land, buildings, businesses, factories, gold, fine art — you name it.
Well-connected entities like BlackRock are actually in bed with the Fed, getting richly rewarded merely for helping it spend its vast gobs of newly-created currency :
BlackRock Is Bailing Out Its ETFs with Fed Money and Taxpayers Eating Losses; It’s Also the Sole Manager for $335 Billion of Federal Employees’ Retirement Funds June 4, 2020 Today [June 4, 2020], BlackRock has been selected in more no-bid contracts to be the sole buyer of corporate bonds and corporate bond ETFs for the Fed’s unprecedented $750 billion corporate bond buying program which will include both investment grade and junk-rated bonds. (The Fed has said it may add more investment managers to the program eventually.) BlackRock is being allowed by the Fed to buy its own corporate bond ETFs as part of the Fed program to prop up the corporate bond market. According to a report in Institutional Investor on Monday, BlackRock, on behalf of the Fed, “bought $1.58 billion in investment-grade and high-yield ETFs from May 12 to May 19, with BlackRock’s iShares funds representing 48 percent of the $1.307 billion market value at the end of that period, ETFGI said in a May 30 report.” No bid contracts and buying up your own products, what could possibly be wrong with that? To make matters even more egregious, the stimulus bill known as the CARES Act set aside $454 billion of taxpayers’ money to eat the losses in the bail out programs set up by the Fed. A total of $75 billion has been allocated to eat losses in the corporate bond-buying programs being managed by BlackRock. Since BlackRock is allowed to buy up its own ETFs, this means that taxpayers will be eating losses that might otherwise accrue to billionaire Larry Fink’s company and investors. (Source)
On the one hand, BlackRock is busy buying all sorts of things to stuff on the Fed’s balance sheet.
On the other hand, BlackRock has access to unlimited capital at the most favorable terms/prices in the world.
On a third hand, BlackRock is busy buying up distressed properties from recently foreclosed Americans who couldn’t manage to stretch a $1,200 stimulus check across 8 months of being out of work.
Add it all up and these recently dispossessed Americans will find themselves no longer owning a home. Instead, they’ll rent one from the no-bid contract winners like BlackRock, who were literally hand-picked by the Fed.
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When there’s no money to be found to help working-class families, you can be certain there are still unlimited billions available to keep outfits like BlackRock supremely well incentivized to… uh, keep doing what they already were doing anyways: Getting obscenely rich.
Now, instead of working for themselves to pay off their own homes, these newly dispossessed Americans will still have to live somewhere. Many of them will end up renting from Wall Street entities like BlackRock.
How do I know this? Because that playbook page already exists. It’s an observed reality. It’s been done before and it will happen again.
We saw this in the aftermath of the housing crash/Great Financial Crisis:
When Wall Street Is Your Landlord Feb 2019 [T[he government incentivized Wall Street to step in. In early 2012, it launched a pilot program that allowed private investors to easily purchase foreclosed homes by the hundreds from the government agency Fannie Mae. These new owners would then rent out the homes, creating more housing in areas heavily hit by foreclosures. Between 2011 and 2017, some of the world’s largest private-equity groups and hedge funds, as well as other large investors, spent a combined $36 billion on more than 200,000 homes in ailing markets across the country. In one Atlanta zip code, they bought almost 90 percent of the 7,500 homes sold between January 2011 and June 2012; today, institutional investors own at least one in five single-family rentals in some parts of the metro area. I talked with tenants from 24 households who lived or still live in homes owned by single-family rental companies. I also reviewed 21 lawsuits against three such companies in Gwinnett County, a suburb of Atlanta devastated by the housing crash. The tenants claim that, far from bringing efficiency and ease to the rental market, their corporate landlords are focusing on short-term profits in order to please shareholders, at the expense of tenant happiness and even safety. Many of the families I spoke with feel stuck in homes they don’t own, while pleading with faraway companies to complete much-needed repairs—and wondering how they once again ended up on the losing end of a Wall Street real estate gamble. (Source)
In today’s reality, the Federal Reserve is deciding, unilaterally and without any effective oversight or requiring a single vote from a single American, who should be the winners and who should be the losers.
Should we be surprised that the big institutions are the winners and ‘we the people’ the losers?
To be fair, this isn’t BlackRock’s fault, right? It’s simply how the system is currently set up. It’s just the prevailing legal and moral framework, right?
What do they say on Wall Street to point out the one step removed angle: “Don’t hate the player, hate the game”? Well, maybe that works in pro basketball. But in finance, where the players have a strong say in writing the rules, I don’t think that saying provides much air cover.
Here in August 2020 after the coronavirus (combined with a desperately poor series of managerial decisions by politicians and career health ‘authorities’) laid waste to the economy, it’s perfectly clear that much actually was learned from the 2008 crisis.
The wealthy learned that you can pretty much get away with anything you want. And so they’re at it again.
Corporations learned to hoover up the free money as fast as possible.
Speculators learned that the Fed would always cover their losses and to ‘buy the dip.’
Nowhere along the way did anybody seem to learn the importance of community, watching out for your fellow citizens, having integrity, or caring about the future. Savers and the prudent alike have been literally punished for being responsible.
Finding The Way Out
Once you see through the ‘one step removed’ lens, you’ll begin to see it everywhere.
Too many people do things that aren’t even remotely justifiable (let alone moral) once the totality of the actions are taken into account.
A corollary to this is that the measure of a person can be observed in their actions when nobody is looking.
Far more impressive than the thousands YouTube clips showing a supposed samaritan help an unfortunate soul (while a camera just happens to be recording from a perfect angle followed by a quick upload to 8 different social media channels) is the person who helps another when no one else is there to watch.
“The system” is providing the necessary legal and moral cover for BlackRock and other similarly fabulously wealthy parties to sweep in and take advantage of current circumstances to make a few billion extra bucks.
When the dust settles after the pandemic subsides, we’ll find that another large fraction of the assets of our nation – it’s houses, soil and productive enterprises – will have been transferred (again!) to the tiny minority already at the top of the wealth pyramid.
The process used will continue to be simply this: the Fed prints new currency out of thin air, hands it to Wall Street, which in turn buys up the productive assets of the country. If challenged, each party has its own ‘one step removed’ cover story ready to go.
Once upon a time, our cultural and legal principles sadly allowed the productive output of people called slaves to belong to people we called slave owners.
Today ,there’s a codified system of financial rules and a supporting legal framework that assigns the productive output of the poor and middle classes to corporate owners.
The former process was direct. The latter process has the same outcome; it’s just simply one step removed.
So how do we free ourselves from the shackles the system is trying so hard to place us in?
In Part 2: The Way Out, I share the strategies I’m implementing in my personal life/homestead/community to build wealth that can’t be easily stolen by the printing press or over-reaching authorities.
The truth is we live in an exceptionally challenging time: for our wealth, our civil liberties, and our ability to pursue happiness.
There are no guarantees except this: to do nothing is to walk willingly into the trap being set for you.
Click here to read Part 2 of this report (free executive summary, enrollment required for full access).


investmentwatchblog--2020-08-24--Are Tech Companies Protecting You Know Who?

Thanks for everything that you do .
Just wanted to share an observation .
I am using a dell PC with Microsoft operating system .
Over the past few days your mails that refer to Bill gates have magically ended up in my junk mail .
I only noticed as I get your mails direct to my home PC and also my phone ( Samsung S.9 . )
The Phone is showing all your posts but the PC only some .
for example today the mails that were hidden from view are ” Are Gates & Schwab Committing Crimes Against @ @ @ @ @ @ @ ” The Pandemic to Future Climate Change Agenda “ .
Less controversial posts are getting though on the PC and had it not been for the diffidence in the two platforms ( PC and Phone ) I would have never checked .
You are certainly touching a nerve .
With Great Respect from the UK .
REPLY : A number of people are reporting the same thing .
If “ GATES ” is in the email , there may be some filter to send it off to JUNK .
This is the problem @ @ @ @ @ @ @ agenda because eliminating cash means they will get a piece of every transaction in the world .

by Martin Armstrong
COMMENT: Hello Martin,
Thanks for everything that you do. Just wanted to share an observation.
I am using a dell PC with Microsoft operating system. Over the past few days your mails that refer to Bill gates have magically ended up in my junk mail. I only noticed as I get your mails direct to my home PC and also my phone ( Samsung S.9.) The Phone is showing all your posts but the PC only some. for example today the mails that were hidden from view are ” Are Gates & Schwab Committing Crimes Against Humanity. Also the very Excellent video ” The Pandemic to Future Climate Change Agenda “. Less controversial posts are getting though on the PC and had it not been for the diffidence in the two platforms ( PC and Phone) I would have never checked.
You are certainly touching a nerve.
We are primarily funded by readers. Please subscribe and donate to support us!
With Great Respect from the UK.
Best wishes
NW
REPLY: A number of people are reporting the same thing. If “GATES” is in the email, there may be some filter to send it off to JUNK. This is the problem when they are all supporting this Gates agenda because eliminating cash means they will get a piece of every transaction in the world.


investmentwatchblog--2020-08-24--THE ELITES: #1 – the media

THE ELITES: #1 – the media

This first of a new series charts our drift from naturally formed , evidenced opinions to Herd belief and chronic mass fear As soon as there were tribes with elders – and things in writing – human beings have been persuaded by one approach or another .
Even today , to confirm minimal wriggle-room when something is confirmed , we say “ Can I have that in writing please ?
” But generally speaking , even in Egypt , Greece and then Rome , “ media ” influence was minimal , because beyond boco-boco word of mouth , there weren @ @ @ @ @ @ @ healers , facilitators , cooks , lawmakers and teachers were almost pure observational empiricists .
They observed what happened , they studied success and failure , they learned….and they passed the learning on .
Above all , they were concerned with the real thing .
Early on , however , cunning pharisees with zero practical skills ( beyond thinking about how to facilitate their route to power ) came up with Gods as the explanation of logical fecundity .
“ The Lord giveth , ” they asserted , “ but if you don @ @ @ @ @ @ @ on Earth , they will take away ” .
It is a very early example of human gullibility that hardly anyone asked why Gods put glittery packages under the tree and then took their Christmas presents back .
But any impertinent questions asked of the priest were batted back with descriptions of Hell .
Fear rules , OK .
However , that sort of influence aside , pretty much most of humanity during BC consisted of discovery , confirmation , testing and analysis based on the following basic interrogation criteria : • Does @ @ @ @ @ @ @ well ?
• Does it ensure we have plenty of clean water ?
• Does it give us more to eat ?
• Does it help us to store during the famines ?
• Will it keep us warm ?
After tribal communities and then City States ( I ’ m simplifying for brevity here ) came Nation States .
More scale , more people , more laws , more bureaucracy , more need to inform .
So began Town Criers , oh yeh , oh yeh .
And then in 1450 came @ @ @ @ @ @ @ diplomat and writer thought to be the first person to introduce a printing press into England…and allegedly , the first English retailer of printed books .
Like all diplomats , Caxton preferred invention to any thought whatsoever about the consequences .
The printing press was the beginning of the end of individual thought and observation as the basis of a Free Man ’ s opinion : from then on , there would be bibles , preservable scrolls , tracts , pamphlets , a zillion other forms of ‘ economical truth ’ , but @ @ @ @ @ @ @ than the bigotry and megalomania of the mogul who owned the presses .
For a century or two , religion tied to a State narrative was actually strengthened by sermons from the pulpit being printed to justify everything from slaughtering babies to bashing the Bosh : God this , God that , God every other thing “ My God , ” said God on hearing them all shout , “ I ’ ve really got my bloody work cut out ” .
But then Marx , Darwin , Planck and Einstein began to @ @ @ @ @ @ @ limited comprehension of reality was woefully incomplete .
Religion was an opiate , Time is relative , separation is an illusion , and Newton was blown away .
Such thinking was perverted by those who saw Nineteen Eighty-Four as a blueprint for mass deception .
Internet virtual digitalisation has completed the process whereby everything scientifically uncertain can be used to recruit those who need an infantile comfort blanket of catechism in order to feel both safe and protected .
As traditional religious belief went into decline , the idea of “ settled science @ @ @ @ @ @ @ persuasive level as religion ’ s declaration of everlasting life .
But anchored ships stay in port , the voyager gene atrophies , education narrows , ignorance rises….and so ironically , there are more things to fear .
The settled science ideologues are happy to reassure folks that they can be kept safe if they believe .
And the neocon hegemonists keep providing the bogey-men that prove we need protecting .
The media are the most powerful means they have of keeping the Defcon level at 2 bordering on 1 .
As globalist @ @ @ @ @ @ @ into fewer and fewer hands ( there are 85 % fewer owners than there were forty years ago , although the media apertures themselves have exploded ) what had always been the case now became blatantly obvious : moguls are there to make money .
They cut costs , they ventured into “ sponsored content ” ( hidden ads in the editorial ) and they instructed their journalists to write what brings in money from the fear-mongers .
Digital social media cooperated with the agendas of the Shadow State through censorship and professional @ @ @ @ @ @ @ – further irony – meant yet more uncertainty , and more need to believe in the power of the State to protect .
Anyone calling out this vicious circle was branded “ conspiranoid ” : security services called their excuses ‘ intelligence ’ , and everyone who questioned it “ wild conspiracy theorists ” .
It is thus no accident that the 21st century so far has seen a steady series of partially or totally fictional threats : WOMD , global collapse unless big banks were bailed out , Climate change , Far @ @ @ @ @ @ @ paedophilia , the mortal danger of Brexit , Putin ’ s interference with poisons and social media trolls , Covid19 , and dirty tricks by the Chinese in Wuhan .
But what is the citizen to do if faced by compelling evidence ‘ demonstrated ’ by both sides of an issue or cultural direction ?
Most citizens ( in a way , quite rationally ) take the wait-and-see attitude…..while the activists on both sides become steadily more bitter , frustrated , and likely to resort to violence .
The bottom line is division @ @ @ @ @ @ @ a profusion of confusion .
Some of the attitudes adopted by Establishment media – the BBC on “ diversity ” , The Guardian on why Brexit is a “ disaster ” , The Times ’ s inability to stop using the words “ killer virus ” next to Covid19 – are , at long last , beginning to unravel ; but for many , they are still the security blanket that allows for peaceful sleep .
Politicians dole out more and more appeasement of narcissists who take advantage of such media correctness about @ @ @ @ @ @ @ police , Gay Pride , Taking the Knee , tearing down statues and a dozen more socially unnatural ideas .
So ultimately , an unthinking majority has been persuaded by manipulated data and alarmist claptrap that the natural approach to Coronavirus would be unspeakably dangerous .
They wrongly reject herd immunity , protection of the most vulnerable and no Lockdown….and wrongly embrace shutting down entire economies , wearing masks that are not protective in any real sense , travel restrictions and the hunt for a vaccine that will “ immunise ” people forever….an @ @ @ @ @ @ @ most risky and unnatural approach imaginable .
Fear has its reward for the 3 % using the hitech media to disguise , censor , spy and control .
For everyone else , slavery beckons :

by John Ward
This first of a new series charts our drift from naturally formed, evidenced opinions to Herd belief and chronic mass fear
As soon as there were tribes with elders – and things in writing – human beings have been persuaded by one approach or another. Even today, to confirm minimal wriggle-room when something is confirmed, we say “Can I have that in writing please?”
But generally speaking, even in Egypt, Greece and then Rome, “media” influence was minimal, because beyond boco-boco word of mouth, there weren’t any.
Early farmers, healers, facilitators, cooks, lawmakers and teachers were almost pure observational empiricists. They observed what happened, they studied success and failure, they learned….and they passed the learning on.
Above all, they were concerned with the real thing.
Early on, however, cunning pharisees with zero practical skills (beyond thinking about how to facilitate their route to power) came up with Gods as the explanation of logical fecundity. “The Lord giveth,” they asserted, “but if you don’t obey me, their agent on Earth, they will take away”.
It is a very early example of human gullibility that hardly anyone asked why Gods put glittery packages under the tree and then took their Christmas presents back. But any impertinent questions asked of the priest were batted back with descriptions of Hell. Fear rules, OK.
However, that sort of influence aside, pretty much most of humanity during BC consisted of discovery, confirmation, testing and analysis based on the following basic interrogation criteria:
Does it contribute to the sick patient getting well?
Does it ensure we have plenty of clean water?
Does it give us more to eat?
Does it help us to store during the famines?
Will it keep us warm?
Feeling good, keeping hydrated, eating regularly, preserving fecundity and having shelter. Sorted….after a fashion.
After tribal communities and then City States (I’m simplifying for brevity here) came Nation States. More scale, more people, more laws, more bureaucracy, more need to inform.
So began Town Criers, oh yeh, oh yeh. And then in 1450 came William Caxton , an English merchant, diplomat and writer thought to be the first person to introduce a printing press into England…and allegedly, the first English retailer of printed books.
Like all diplomats, Caxton preferred invention to any thought whatsoever about the consequences. The printing press was the beginning of the end of individual thought and observation as the basis of a Free Man’s opinion: from then on, there would be bibles, preservable scrolls, tracts, pamphlets, a zillion other forms of ‘economical truth’, but above all newspapers that represented little more than the bigotry and megalomania of the mogul who owned the presses.
For a century or two, religion tied to a State narrative was actually strengthened by sermons from the pulpit being printed to justify everything from slaughtering babies to bashing the Bosh:
God heard the embattled nations sing
Gott strafe England, God save the King
God this, God that, God every other thing
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“My God,” said God on hearing them all shout,
“I’ve really got my bloody work cut out”.
But then Marx, Darwin, Planck and Einstein began to challenge every assumption: Homo sapiens’ limited comprehension of reality was woefully incomplete. Religion was an opiate, Time is relative, separation is an illusion, and Newton was blown away. Such thinking was perverted by those who saw Nineteen Eighty-Four as a blueprint for mass deception.
Internet virtual digitalisation has completed the process whereby everything scientifically uncertain can be used to recruit those who need an infantile comfort blanket of catechism in order to feel both safe and protected.
As traditional religious belief went into decline, the idea of “settled science” became an anchor on the same persuasive level as religion’s declaration of everlasting life. But anchored ships stay in port, the voyager gene atrophies, education narrows, ignorance rises….and so ironically, there are more things to fear.
The settled science ideologues are happy to reassure folks that they can be kept safe if they believe. And the neocon hegemonists keep providing the bogey-men that prove we need protecting.
The media are the most powerful means they have of keeping the Defcon level at 2 bordering on 1. As globalist financialisation and borrowed-money mergers concentrated media control into fewer and fewer hands (there are 85% fewer owners than there were forty years ago, although the media apertures themselves have exploded) what had always been the case now became blatantly obvious: moguls are there to make money.
They cut costs, they ventured into “sponsored content” (hidden ads in the editorial) and they instructed their journalists to write what brings in money from the fear-mongers. Digital social media cooperated with the agendas of the Shadow State through censorship and professional trolls.
Trust in the media plummeted….which – further irony – meant yet more uncertainty, and more need to believe in the power of the State to protect. Anyone calling out this vicious circle was branded “conspiranoid”: security services called their excuses ‘intelligence’, and everyone who questioned it “wild conspiracy theorists”.
It is thus no accident that the 21st century so far has seen a steady series of partially or totally fictional threats: WOMD, global collapse unless big banks were bailed out, Climate change, Far Right Nazism, celebrities falsely accused of paedophilia, the mortal danger of Brexit, Putin’s interference with poisons and social media trolls, Covid19, and dirty tricks by the Chinese in Wuhan.
But what is the citizen to do if faced by compelling evidence ‘demonstrated’ by both sides of an issue or cultural direction? Most citizens (in a way, quite rationally) take the wait-and-see attitude…..while the activists on both sides become steadily more bitter, frustrated, and likely to resort to violence.
The bottom line is division on almost every topic imaginable, and a profusion of confusion. Some of the attitudes adopted by Establishment media – the BBC on “diversity”, The Guardian on why Brexit is a “disaster”, The Times’s inability to stop using the words “killer virus” next to Covid19 – are, at long last, beginning to unravel; but for many, they are still the security blanket that allows for peaceful sleep.
Politicians dole out more and more appeasement of narcissists who take advantage of such media correctness about Antifa, Black Lives, defunding the police, Gay Pride, Taking the Knee, tearing down statues and a dozen more socially unnatural ideas.
So ultimately, an unthinking majority has been persuaded by manipulated data and alarmist claptrap that the natural approach to Coronavirus would be unspeakably dangerous. They wrongly reject herd immunity, protection of the most vulnerable and no Lockdown….and wrongly embrace shutting down entire economies, wearing masks that are not protective in any real sense, travel restrictions and the hunt for a vaccine that will “immunise” people forever….an outright, blind nonsense that is the most risky and unnatural approach imaginable.
Fear has its reward for the 3% using the hitech media to disguise, censor, spy and control.
For everyone else, slavery beckons:


investmentwatchblog--2020-08-24--When Will The Prosecution Of JP Morgan Gold Spoofer John Edmonds Ever Get Somewhere?

by Chris Powell of the Gold Anti-Trust Action Committee ( GATA ) Market analyst Jim Kim wonders aloud about the federal prosecution of former JPMorganChase gold and silver futures trader John Edmonds , who ages ago pleaded guilty to spoofing those markets and was cooperating with the prosecution in providing evidence against his superiors .
But his sentencing keeps being postponed , even as the class-action antitrust lawsuits against his former employer remain suspended at the request of the U.S. Justice Department in the name of protecting the department ’ s own investigation .
Kim ’ s commentary is headlined @ @ @ @ @ @ @ Curious Case of JPMorgan Gold Spoofer John Edmonds ” and it ’ s posted at Kim ’ s internet site here : Wine carrying the label of the Gold Anti-Trust Action Committee , cases of which were awarded to three lucky donors in GATA ’ s recent fundraising campaign , are now available for purchase by the case from Fay J Winery LLC in Texarkana , Texas .
Each case has 12 bottles and the cost is $ 240 , which includes shipping via Federal Express .
Here ’ s what the bottles @ @ @ @ @ @ @ case by choosing as many as four varietals from the list here : GATA will receive a commission on each case of GATA-label wine sold .
So if you like wine and buy it anyway , why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals ?
To order a case of GATA-label wine , please e-mail Fay J Winery at bagman1236 @ aol.com .
“ Rigged ” is a concise explanation of government ’ s currency market rigging policy and extensively @ @ @ @ @ @ @ .
Ten percent of sales proceeds are contributed to GATA .
Buy a copy for $ 14.99 through Amazon — — or for an additional $ 3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert @ comcast.net .
Help keep GATA going : GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code .
Its e-mail dispatches are free , and you can subscribe at : To contribute to GATA , please visit :

by Chris Powell of the Gold Anti-Trust Action Committee (GATA)
Dear Friend of GATA and Gold:
Market analyst Jim Kim wonders aloud about the federal prosecution of former JPMorganChase gold and silver futures trader John Edmonds, who ages ago pleaded guilty to spoofing those markets and was cooperating with the prosecution in providing evidence against his superiors. But his sentencing keeps being postponed, even as the class-action antitrust lawsuits against his former employer remain suspended at the request of the U.S. Justice Department in the name of protecting the department’s own investigation.
Kim’s commentary is headlined “Eight Unanswered Questions about the Very Curious Case of JPMorgan Gold Spoofer John Edmonds” and it’s posted at Kim’s internet site here:
maalamalama.com/wordpress/unanswered-questions-in-the-curious-ca…
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA’s recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here’s what the bottles look like:
www.gata.org/files/GATA-4-wine-bottles.jpg
Buyers can compose their case by choosing as many as four varietals from the list here:
www.gata.org/files/FayJWineryVarietals.jpg
We are primarily funded by readers. Please subscribe and donate to support us!
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.
Support GATA by purchasing
Stuart Englert’s “Rigged”
“Rigged” is a concise explanation of government’s currency market rigging policy and extensively credits GATA’s work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon —
www.amazon.com/Rigged-Exposing-Largest-Financial-History/dp/1651…
— or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
www.gata.org
To contribute to GATA, please visit:
www.gata.org/node/16