investmentwatchblog--2020-11-24--Governor of Hawaii becomes a tyrannical monarch, threatens $5,000 fine and jail time for people who

Governor of Hawaii becomes a tyrannical monarch, threatens $5,000 fine and jail time for people who do not wear masks

( Natural News ) During a Facebook live stream , the Governor of Hawaii said it “ will be required for everyone in the state of Hawaii to wear a mask when they ’ re in public , period.
” Hawaii Governor David Ige told the Honolulu Star-Advertiser that noncompliance with his mandatory mask order will be equivalent to a misdemeanor .
Anyone caught outside their home without a mask on will be fined up to $ 5,000 and could serve up to one year in jail .
Governor Ige has essentially become a monarch , creating faux laws out @ @ @ @ @ @ @ do not follow them .
“ This is a significant penalty .
It can go on one ’ s criminal record and impact employment for many years to come , unless they ’ re cleared and their records are expunged , ” Ige said .
Hawaii Governor threatens civil liberties with threat of fines and imprisonment Governor Ige made his threats public even though there is no law on the books forcing people to wear masks .
Even if the Hawaii legislature did pass a mandatory mask bill and Ige were to sign @ @ @ @ @ @ @ be obligated to strike it down as unconstitutional — a violation of civil liberties , informed consent and medical privacy laws .
A real mandatory mask law , fully enforced by police , would render all citizens medical slaves , subject to abuse by Big Pharma-controlled state governments that are illegally practicing medicine with no liability .
This serious issue is less about the mask itself , and more about the illegal , tyrannical precedent being set across the United States .
Governor Ige met with the four county mayors in Hawaii to @ @ @ @ @ @ @ those seeking exemptions from the mask order .
Governor Ige said the mask mandate is now uniform throughout Hawaii and “ there will be consistent enforcement.
” Essentially , the people of Hawaii and all tourists traveling into the state have lost their right to body autonomy .
Citizens of the United States , formerly innocent until proven guilty , are now being accused of harming others with diseases they do not have , and are being stripped of the right to decide their own level of exposure to the air around them @ @ @ @ @ @ @ force .
( Related : Vitamin D offers significant protection from covid-19 , but states won ’ t dare impose Vitamin D mandates . )
Civil liberties suspended over PCR test that is susceptible to 97 percent false positives Civil liberties are already suspended for tourists coming into Hawaii and for residents traveling between the islands .
Bodily requirements are strictly enforced .
Travelers must test negative on the intrusive and fraudulent covid-19 PCR test kits .
If not , travelers are forced into isolation for 14 days .
A Portuguese court has @ @ @ @ @ @ @ by PCR as positive when a threshold of 35 cycles or higher is used ( as is the rule in most laboratories in Europe and the US ) , the probability that said person is infected is less than 3 % , and the probability that said result is a false positive is 97 % .
” Because the covid-19 test kits are highly inaccurate , the court ruled it illegal to suspend the civil liberties of individuals based on this fraudulent test .
Regardless , the Hawaii National Guard has been turned @ @ @ @ @ @ @ people over the fraudulent results of the PCR test .
The test is the reason case counts remain high , creating a fake pandemic .
Furthermore , the psychology of fear is being driven into people ’ s psyche so they will run to the hospital anytime they feel unwell – drumming up hospitalization rates to further the perceived need for suspended liberties .
People are being trained to fear their fever , to skip holiday gatherings , and to isolate when they come into contact with other people who aren ’ t @ @ @ @ @ @ @ , even as the medical system and public health authorities ignore simple strategies to strengthen the immune response of the public , while failing to focus on the underlying disease processes , immune deficiencies , hospital-borne infections , medical malpractice and comorbidities that have always caused people to suffer and die from simple infections .
Instead of encouraging the efficacy of human immunity and lifting the public out from under the mindset of fear and paranoia , governors are becoming tyrants , stressing the livelihoods and immune systems of the public and forcing @ @ @ @ @ @ @ on facts and trying to shame them into getting vaccinated or accept responsibility for spreading diseases they do not have .
People have a right to self-decision , to breathe freely and judge their own level of exposure .
The government is harming people ’ s lives and stripping them of their rights .
Governments are not protecting a single individual by fining and jailing innocent people and gagging others into perpetuity and forcing dependence on drugs and vaccines .
It is simply tyranny .

(Natural News) During a Facebook live stream, the Governor of Hawaii said it “will be required for everyone in the state of Hawaii to wear a mask when they’re in public, period.” Hawaii Governor David Ige told the Honolulu Star-Advertiser that noncompliance with his mandatory mask order will be equivalent to a misdemeanor. Anyone caught outside their home without a mask on will be fined up to $5,000 and could serve up to one year in jail.
Governor Ige has essentially become a monarch, creating faux laws out of thin air and threatening people who do not follow them. “This is a significant penalty. It can go on one’s criminal record and impact employment for many years to come, unless they’re cleared and their records are expunged,” Ige said.
Hawaii Governor threatens civil liberties with threat of fines and imprisonment
Governor Ige made his threats public even though there is no law on the books forcing people to wear masks. Even if the Hawaii legislature did pass a mandatory mask bill and Ige were to sign it into law, the courts would be obligated to strike it down as unconstitutional — a violation of civil liberties, informed consent and medical privacy laws. A real mandatory mask law, fully enforced by police, would render all citizens medical slaves, subject to abuse by Big Pharma-controlled state governments that are illegally practicing medicine with no liability. This serious issue is less about the mask itself, and more about the illegal, tyrannical precedent being set across the United States.
Governor Ige met with the four county mayors in Hawaii to determine a unified set of rules for those seeking exemptions from the mask order. Governor Ige said the mask mandate is now uniform throughout Hawaii and “there will be consistent enforcement.” Essentially, the people of Hawaii and all tourists traveling into the state have lost their right to body autonomy. Citizens of the United States, formerly innocent until proven guilty, are now being accused of harming others with diseases they do not have, and are being stripped of the right to decide their own level of exposure to the air around them! Good ideas don’t require force. (Related: Vitamin D offers significant protection from covid-19, but states won’t dare impose Vitamin D mandates.)
Civil liberties suspended over PCR test that is susceptible to 97 percent false positives
Civil liberties are already suspended for tourists coming into Hawaii and for residents traveling between the islands. Bodily requirements are strictly enforced. Travelers must test negative on the intrusive and fraudulent covid-19 PCR test kits. If not, travelers are forced into isolation for 14 days.
A Portuguese court has ruled that “if someone is tested by PCR as positive when a threshold of 35 cycles or higher is used (as is the rule in most laboratories in Europe and the US), the probability that said person is infected is less than 3%, and the probability that said result is a false positive is 97%.” Because the covid-19 test kits are highly inaccurate, the court ruled it illegal to suspend the civil liberties of individuals based on this fraudulent test. Regardless, the Hawaii National Guard has been turned against the citizens to track and trace people over the fraudulent results of the PCR test.
We are primarily funded by readers. Please subscribe and donate to support us!
The test is the reason case counts remain high, creating a fake pandemic. Furthermore, the psychology of fear is being driven into people’s psyche so they will run to the hospital anytime they feel unwell – drumming up hospitalization rates to further the perceived need for suspended liberties. People are being trained to fear their fever, to skip holiday gatherings, and to isolate when they come into contact with other people who aren’t even sick! All this pandemonium continues, even as the medical system and public health authorities ignore simple strategies to strengthen the immune response of the public, while failing to focus on the underlying disease processes, immune deficiencies, hospital-borne infections, medical malpractice and comorbidities that have always caused people to suffer and die from simple infections.
Instead of encouraging the efficacy of human immunity and lifting the public out from under the mindset of fear and paranoia, governors are becoming tyrants, stressing the livelihoods and immune systems of the public and forcing people to comply with rules not based on facts and trying to shame them into getting vaccinated or accept responsibility for spreading diseases they do not have.
People have a right to self-decision, to breathe freely and judge their own level of exposure. The government is harming people’s lives and stripping them of their rights. Governments are not protecting a single individual by fining and jailing innocent people and gagging others into perpetuity and forcing dependence on drugs and vaccines. It is simply tyranny.
Sources include:
HawaiiTribuneHerald.com
GreatGameIndia.com
NaturalNews.com


investmentwatchblog--2020-11-24--Tesla (TSLA) and Nio (NIO) Stocks Became the Most Popular Stocks among the Retail Investors

According to the official data of the trading app Freetrade , shares of the Chinese company Nio became the most popular among users this week , following by Tesla According to the official data of the trading app Freetrade , shares of the Chinese company Nio became the most popular among users this week .
Tesla and Amazon stocks are next in the top three .
This week has been really hot for the US markets .
The election race came to an end , and as the votes were counted , the market grew rapidly for several days .
@ @ @ @ @ @ @ growth has become the technology sector , which includes all three top-ranked companies .
Nio ’ s top-performing stock has been one of the main beneficiaries of this week ’ s fast-paced bull rally .
For her , shares rose more than 22 % , setting a new all-time high and breaking the $ 40 per share mark .
The company ’ s shares began their rally on Monday when the size of the electric vehicle shipments in October was revealed .
It turned out that the company set a new record by @ @ @ @ @ @ @ a month .
Tesla , another electric car maker , came in second in terms of trading volume among users of the brokerage app .
During the week , the company ’ s shares rose more than 9 % .
The growth continued along with new news of Joe Biden ’ s victory .
Apparently , this is due to his bet on sustainability and green energy , from which , of course , Tesla will also benefit .
Recently , Elon Musk ’ s company had certain problems , including those related @ @ @ @ @ @ @ company announced the recall of 12 thousand cars from China due to technical problems .
The three leaders are closed by shares of the giant Amazon .
In a week of bullish rallies , the giant ’ s stock is up 8 % .
Regardless , the stock still failed to update the all-time high that was set in early September .
The ensuing correction hurt the giant ’ s stock , which lost nearly 12 % of its market capitalization in two weeks .

by Usman Salis
According to the official data of the trading app Freetrade, shares of the Chinese company Nio became the most popular among users this week, following by Tesla
According to the official data of the trading app Freetrade, shares of the Chinese company Nio became the most popular among users this week. Tesla and Amazon stocks are next in the top three.
Image Source: Twitter @freetrade
This week has been really hot for the US markets. The election race came to an end, and as the votes were counted, the market grew rapidly for several days. One of the main beneficiaries of explosive growth has become the technology sector, which includes all three top-ranked companies.
Nio’s Rocket Growth
Nio’s top-performing stock has been one of the main beneficiaries of this week’s fast-paced bull rally. For her, shares rose more than 22%, setting a new all-time high and breaking the $40 per share mark. We are primarily funded by readers. Please subscribe and donate to support us!
The company’s shares began their rally on Monday when the size of the electric vehicle shipments in October was revealed. It turned out that the company set a new record by delivering more than 5000 electric vehicles in a month.
Image Source: Google Finance NIO
Tesla’s New Gains
Tesla, another electric car maker, came in second in terms of trading volume among users of the brokerage app. During the week, the company’s shares rose more than 9%. The growth continued along with new news of Joe Biden’s victory. Apparently, this is due to his bet on sustainability and green energy, from which, of course, Tesla will also benefit.
Recently, Elon Musk’s company had certain problems, including those related to technical flaws. So, the company announced the recall of 12 thousand cars from China due to technical problems.
Image Source: Google Finance TSLA
Amazon Is Growing Again
The three leaders are closed by shares of the giant Amazon. In a week of bullish rallies, the giant’s stock is up 8%. Regardless, the stock still failed to update the all-time high that was set in early September. The ensuing correction hurt the giant’s stock, which lost nearly 12% of its market capitalization in two weeks.
Image Source: Google Finance AMZN


Maryland re-lockdown

The governor announced new statewide enforcement efforts that , in addition to traditional efforts ramping up drunken driving patrols ahead @ @ @ @ @ is launching an all-hands-on-deck compliance , education and enforcement operation to involve the Maryland State @ @ @ @ @ a very serious problem , and we ’ re going to keep messaging everybody to @ @ @ @ @ more seriously we take it , the faster we ’ re going to be able @ @ @ @ @ , ” Hogan said during a news conference Monday afternoon .
“ This situation is @ @ @ @ @ Executive Johnny Olszewski said .
“ We will continue to use the full authority granted @ @ @ @ @ Hogan ’ s executive orders and to us by our county charter to protect our @ @ @

Gov. Hogan to announce additional COVID enforcement measures at 4 p.m.
The governor announced new statewide enforcement efforts that, in addition to traditional efforts ramping up drunken driving patrols ahead of Thanksgiving, the state is launching an all-hands-on-deck compliance, education and enforcement operation to involve the Maryland State Police.
“It is a very serious problem, and we’re going to keep messaging everybody to take it seriously. The more seriously we take it, the faster we’re going to be able to get it under control,” Hogan said during a news conference Monday afternoon.
We are primarily funded by readers. Please subscribe and donate to support us!
“This situation is dire,” Baltimore County Executive Johnny Olszewski said. “We will continue to use the full authority granted to us by Gov. Hogan’s executive orders and to us by our county charter to protect our residents.”
www.msn.com/en-us/news/crime/hogan-to-announce-additional-covid-enforcement-measures-at-4-p-m/ar-BB1bg0jd?ocid=msedgntp


investmentwatchblog--2020-11-24--America’s Economy Cannot Survive Another Lockdown, And The Cult Of The Reset Knows It

The U.S. economy has been on the verge of collapse for at least a decade , ever since the crash of 2008 and the subsequent explosion in fiat stimulus from the Federal Reserve .
While the mainstream media has always claimed that central bankers “ saved ” us from another Great Depression , what they actually did was set us up for a far worse scenario — a stagflationary implosion of our society .
Here is the primary problem : By injecting trillions of bailout dollars into the system , the Federal Reserve prevented the economy from going through its @ @ @ @ @ @ @ have been painful for many , but survivable , and it would have removed large amounts of excess debt , parasitic corporations that produce little or nothing of use , as well as numerous toxic assets with no legitimate value .
For a real free market to function , weak or corrupt elements must be allowed to fail and die .
Instead , central banks around the world and most prominently the Fed kept all of those destructive elements on life support .
This has created what amounts to a “ zombie economy @ @ @ @ @ @ @ outside support ( stimulus ) in order to continue moving forward .
In the process of keeping zombie corporations and other parts of the body alive , healthy parts of the economy , like the small business sector , get devoured .
The zombie economy is , however , highly fragile .
All it takes is one or two major shocks to bring it down , and the moment this happens the whole facade will disintegrate , leaving the public in panic and disarray .
This is what is happening right now in @ @ @ @ @ @ @ worse in 2021 .
Bailouts encourage and reward unhealthy financial behavior , and this is why national debt , corporate debt and consumer debt have recently hit historic highs .
When every pillar of the economy is encumbered with the weight of debt , any instability has the possibility of bringing all those pillars down at once .
The Federal Reserve turned the U.S. into an economic time bomb , and the Fed is itself more like a suicide bomber than some kind of fiscal savior .
I first heard the term “ @ @ @ @ @ @ @ ” back in 2014/2015 .
I wrote an article about how the reset was actually a long term process in my article The Global Economic Reset Has Begun .
Christine Lagarde was the head of the IMF back then , and she mentioned it briefly in multiple interviews .
I made a mental note of it because it seemed planted into the discussion very awkwardly , as if it was scripted .
I rarely heard it mentioned for years after that .
In 2020 , as we descend into social and economic chaos @ @ @ @ @ @ @ used everywhere in the media and by globalists .
Over the past decade , globalist institutions have come up with numerous phrases that seem to refer to a worldwide planned and dramatic shift in human society sometime in the near future .
The “ great reset ” is just another phrase for “ the new world order.
” It is important to understand that the reset these people are talking about has actually been engineered and staged for many years .
This is not something that just popped up in 2020 — they @ @ @ @ @ @ @ least 2014 .
And before that , they talked about the new world order , and “ multilateralism , ” and the “ multi-polar world order , ” and Agenda 2030 , etc .
The reset is the catalyst phase of an agenda that has been in the works for a long time now .
The goal , as they have openly admitted many times , is to centralize the entire globe into one monetary structure , one highly interdependent and socialized economy , and eventually one faceless and unaccountable governing body .
@ @ @ @ @ @ @ finalization of the reset and the formation of the new world order has been liberty-minded populations across the planet — most of all , the liberty-minded people within America .
The U.S. has to be destabilized or eliminated ; the old world order has to be brought down before the new world order can be introduced .
The people have to be beaten down and desperate , so that when the globalists offer their “ reset ” as the solution , the people will gladly accept it without question — simply because they @ @ @ @ @ @ @ stop .
A common statement made by globalists from Klaus Shwab at the World Economic Forum to the current Prime Minister of Canada , Justin Trudeau , is that the coronavirus pandemic is the “ perfect opportunity ” to trigger the “ great reset.
” As globalist Rahm Emanuel is famous for admitting , in crisis there is opportunity to do things you were not able to do before .
In other words , when people panic in the face of crisis , they become easy to manipulate .
And , if a @ @ @ @ @ @ @ then why not create a crisis from thin air and use that to cause panic ?
The lockdowns have not only been proven to do nothing to stop the spread of the coronavirus , but they are also a clear attack on what ’ s left of our economic system .
The small business sector in particular is being gutted as more than 60 % of those that shut down during the first lockdown were unable to reopen .
Small businesses provide more than half of all employment in the U.S..
When they @ @ @ @ @ @ @ nothing left except the big-box corporations that the Fed put on life support over a decade ago .
Real unemployment , which is already at 26 % , will skyrocket even further if a second national lockdown is initiated .
The speedy collapse of the U.S. economy will be assured , and the “ great reset ” can commence .
At least , that is what the globalists want to happen… With the U.S. presidential election currently being contested , it is hard to say how the next few months will play out @ @ @ @ @ @ @ pointing out since July , a contested election is the best possible scenario for the globalists because it creates a Catch-22 situation : • If Trump stays in office , the political left will accuse him of usurping the presidency and there will be mass riots in the streets .
Conservatives will be tempted with the idea of bringing in martial law to suppress rioters , and such measures will undermine the flow of the U.S. economy , causing its fragile structure to implode .
• If Biden enters the White House , @ @ @ @ @ @ @ lockdown similar to the lockdowns we have seen in Australia , France , Germany and the UK ; perhaps even worse .
Our economy will crumble , conservatives will revolt , and Biden will attempt martial law measures .
Either way , the globalists get their crisis , and therein their opportunity .
Surviving the lockdowns and deterring the globalists But here is where things get less certain for the elites .
If liberty-minded Americans organize immediately for security and mutual aid , we can defuse the Catch-22 .
If we provide for @ @ @ @ @ @ @ , there will be no rationale for Trump to institute martial law .
Community security is an awesome deterrent against leftist rioting and looting , and basic economic trade can continue .
By extension , if we organize our own community security as well as localize our economies with barter and trade , we also act as a deterrent to Biden and any ideas he might have of enforcing national lockdowns .
The point is , we can ’ t allow the globalists to dictate the terms of the crisis .
We must @ @ @ @ @ @ @ game .
The reset is not a natural inevitability , it is a con , a trap .
No matter how bad the crisis in our nation becomes , it is the people — namely the liberty-minded people — who will determine the future , not the globalists .
Their plan relies on our panic .
Instead of panic , let ’ s show them a unified front and a plan of our own .
Brandon Smith has been an alternative economic and geopolitical analyst since 2006 and is the founder of Alt-Market.com @ @ @ @ @ @ @ this article are those of the author and do not necessarily reflect those of Birch Gold Group .

From Brandon Smith
The U.S. economy has been on the verge of collapse for at least a decade, ever since the crash of 2008 and the subsequent explosion in fiat stimulus from the Federal Reserve. While the mainstream media has always claimed that central bankers “saved” us from another Great Depression, what they actually did was set us up for a far worse scenario — a stagflationary implosion of our society.
Here is the primary problem: By injecting trillions of bailout dollars into the system, the Federal Reserve prevented the economy from going through its natural purging cycle. This cycle would have been painful for many, but survivable, and it would have removed large amounts of excess debt, parasitic corporations that produce little or nothing of use, as well as numerous toxic assets with no legitimate value. For a real free market to function, weak or corrupt elements must be allowed to fail and die. Instead, central banks around the world and most prominently the Fed kept all of those destructive elements on life support.
This has created what amounts to a “zombie economy:” a system that needs constant outside support (stimulus) in order to continue moving forward. In the process of keeping zombie corporations and other parts of the body alive, healthy parts of the economy, like the small business sector, get devoured.
The zombie economy is, however, highly fragile. All it takes is one or two major shocks to bring it down, and the moment this happens the whole facade will disintegrate, leaving the public in panic and disarray. This is what is happening right now in 2020, and it will get much worse in 2021.
Bailouts encourage and reward unhealthy financial behavior, and this is why national debt, corporate debt and consumer debt have recently hit historic highs. When every pillar of the economy is encumbered with the weight of debt, any instability has the possibility of bringing all those pillars down at once. The Federal Reserve turned the U.S. into an economic time bomb, and the Fed is itself more like a suicide bomber than some kind of fiscal savior.
The “Great Reset”
I first heard the term “global reset” or “great reset” back in 2014/2015. I wrote an article about how the reset was actually a long term process in my article The Global Economic Reset Has Begun. Christine Lagarde was the head of the IMF back then, and she mentioned it briefly in multiple interviews.
I made a mental note of it because it seemed planted into the discussion very awkwardly, as if it was scripted. I rarely heard it mentioned for years after that. In 2020, as we descend into social and economic chaos, I’m seeing the phrase used everywhere in the media and by globalists.
Over the past decade, globalist institutions have come up with numerous phrases that seem to refer to a worldwide planned and dramatic shift in human society sometime in the near future. The “great reset” is just another phrase for “the new world order.” It is important to understand that the reset these people are talking about has actually been engineered and staged for many years. This is not something that just popped up in 2020 — they have been talking about it since at least 2014. And before that, they talked about the new world order, and “multilateralism,” and the “multi-polar world order,” and Agenda 2030, etc.
The reset is the catalyst phase of an agenda that has been in the works for a long time now. The goal, as they have openly admitted many times, is to centralize the entire globe into one monetary structure, one highly interdependent and socialized economy, and eventually one faceless and unaccountable governing body.
One of the biggest obstacles to the finalization of the reset and the formation of the new world order has been liberty-minded populations across the planet — most of all, the liberty-minded people within America. The U.S. has to be destabilized or eliminated; the old world order has to be brought down before the new world order can be introduced. The people have to be beaten down and desperate, so that when the globalists offer their “reset” as the solution, the people will gladly accept it without question — simply because they want the economic pain and uncertainty to stop.
We are primarily funded by readers. Please subscribe and donate to support us!
A common statement made by globalists from Klaus Shwab at the World Economic Forum to the current Prime Minister of Canada, Justin Trudeau, is that the coronavirus pandemic is the “perfect opportunity” to trigger the “great reset.” As globalist Rahm Emanuel is famous for admitting, in crisis there is opportunity to do things you were not able to do before.
In other words, when people panic in the face of crisis, they become easy to manipulate. And, if a crisis doesn’t happen naturally, then why not create a crisis from thin air and use that to cause panic?
Enter the economic lockdowns…
The lockdowns have not only been proven to do nothing to stop the spread of the coronavirus, but they are also a clear attack on what’s left of our economic system. The small business sector in particular is being gutted as more than 60% of those that shut down during the first lockdown were unable to reopen. Small businesses provide more than half of all employment in the U.S.. When they collapse, the U.S. economy will have nothing left except the big-box corporations that the Fed put on life support over a decade ago.
Real unemployment, which is already at 26%, will skyrocket even further if a second national lockdown is initiated. The speedy collapse of the U.S. economy will be assured, and the “great reset” can commence. At least, that is what the globalists want to happen…
With the U.S. presidential election currently being contested, it is hard to say how the next few months will play out in detail. As I have been pointing out since July, a contested election is the best possible scenario for the globalists because it creates a Catch-22 situation:
If Trump stays in office, the political left will accuse him of usurping the presidency and there will be mass riots in the streets. Conservatives will be tempted with the idea of bringing in martial law to suppress rioters, and such measures will undermine the flow of the U.S. economy, causing its fragile structure to implode. If Biden enters the White House, then he will attempt a Level 4 lockdown similar to the lockdowns we have seen in Australia, France, Germany and the UK; perhaps even worse. Our economy will crumble, conservatives will revolt, and Biden will attempt martial law measures.
Either way, the globalists get their crisis, and therein their opportunity.
Surviving the lockdowns and deterring the globalists
But here is where things get less certain for the elites. If liberty-minded Americans organize immediately for security and mutual aid, we can defuse the Catch-22. If we provide for our own security within our own communities, there will be no rationale for Trump to institute martial law. Community security is an awesome deterrent against leftist rioting and looting, and basic economic trade can continue.
By extension, if we organize our own community security as well as localize our economies with barter and trade, we also act as a deterrent to Biden and any ideas he might have of enforcing national lockdowns. The point is, we can’t allow the globalists to dictate the terms of the crisis. We must act to change the rules of the game.
The reset is not a natural inevitability, it is a con, a trap. No matter how bad the crisis in our nation becomes, it is the people — namely the liberty-minded people — who will determine the future, not the globalists. Their plan relies on our panic. Instead of panic, let’s show them a unified front and a plan of our own.
Brandon Smith has been an alternative economic and geopolitical analyst since 2006 and is the founder of Alt-Market.com.
The views and opinions expressed in this article are those of the author and do not necessarily reflect those of Birch Gold Group.


investmentwatchblog--2020-11-24--Pandemics Are Over When the Public Decides They’re Over

In Colorado , reported cases and hospitalizations of covid-19 patients are at higher levels than ever before .
And yet politicians are worried that if they issue new stay-at-home orders , the public won ’ t obey them .
For instance the Denver Post last week reported Colorado Democrats admitted the public isn ’ t listening very closely anymore : [ State senator Steve ] Fenberg and many other state leaders are worried…about whether a stay-at-home order would even work this time around .
People have grown accustomed to certain freedoms since the spring , and already there are some @ @ @ @ @ @ @ least oppressive rules , such as wearing masks .
“ They don ’ t want to have restrictive orders that people just entirely ignore , ” Fenberg said .
“ Once you cross that line , that seriously , then it really starts to unravel , when people completely check out from following the orders.
” We ’ ll ignore the creepy framing of the issue around how citizens have lamentably “ grown accustomed to certain freedoms ” like being able to leave one ’ s home .
But Fenberg is right to @ @ @ @ @ @ @ nearly as compliant this time around .
And what happens if Americans start acting as if there were no pandemic ?
Then , the pandemic is at a de facto end , even if “ experts ” insist that it is still a de jure reality .
In other words , government agencies may issue declarations of when pandemics end , but as noted in the New York Times last May , This has happened before .
During the 1957–58 Asian flu pandemic , for example , the public took little notice of @ @ @ @ @ @ @ virulent that year .
It is now estimated that more than a hundred thousand died of the flu in the period , which would be the equivalent of 220,000 Americans today .
Indeed , Americans continued to die from the Asian flu into the 1960 flu season and beyond .
But as far as the public was concerned , there had been no pandemic that required staying home or closing schools .
[ Read More : `` Why Didn ’ t the 1958 and 1918 Pandemics Destroy the Economy ?
” by Ryan @ @ @ @ @ @ @ moving in that direction now .
According to a new report this month from Gallup , the percentage of Americans saying they are “ very likely ” to shelter in place has fallen from 67 percent in late March to 49 percent as of November 1 .
The percentage of respondents saying they are “ very unlikely ” or “ somewhat unlikely ” to adhere to stay-at-home orders has doubled from 15 percent to 33 percent .
Notably , this trend has occurred in spite of more Americans in the survey also saying @ @ @ @ @ @ @ getting worse.
” In other words , Americans don ’ t think the disease is about to go away , but less than half say it ’ s very likely they ’ ll be sitting at home .
At this point , it ’ s a fairly safe bet that even as more and more Americans conclude they can ’ t put their lives on hold indefinitely , government bureaucrats will continue to insist that the pandemic puts everyone at grave risk .
But the public and technocrats often function on different schedules @ @ @ @ @ @ @ for months or even years may work for childless , white-collar intellectuals and bureaucrats who can easily work from home and need not worry about the social and emotional development of children and others in their care .
But many others are likely to view that model of daily life as thoroughly untenable .
Moreover , many currently unemployed Americans—who number in the millions—may conclude that collecting unemployment checks indefinitely is not a satisfactory substitute for making a living the ordinary way .
All of this will go into calculating risk , and @ @ @ @ @ @ @ recognized end to pandemics is often different from the “ official ” end .
The public is made up of countless individuals who make their own risk assessments based on the available facts .
This also is why it ’ s impossible to declare with finality when “ herd immunity ” has been reached .
As Michel Accad explained last month at mises.org : Whether or not the presence of a disease presents an acceptable risk to “ the public ” depends on countless individual risk assessments .
With stay-at-home orders , on @ @ @ @ @ @ @ taken it upon themselves to apply an arbitrary bureaucrat-enforced definition of acceptable risk .
These officials insist they must have the power to force the public to retreat to their home until some central political authority has determined that the risk level has dropped to an acceptable level .
How Much Risk Are We Willing to Accept When Driving ?
Governments have tried this in other contexts as well .
When it comes to highway safety , for instance , federal and state government agencies spent years trying to convince Americans that “ @ @ @ @ @ @ @ at slower speeds would save thousands of American lives per year .
This in itself was not an unreasonable goal , of course .
Nowadays , more than thirty-eight thousand people die every year in crashes on US roadways .
An additional 4.4 million are injured seriously enough to require medical attention , and auto accidents are the leading cause of death in the US for people aged 1–54 .
[ R [ Read More : `` What the Failed 55-MPH Speed Limit Law Tells Us about COVID Lockdowns ” by Ryan McMaken @ @ @ @ @ @ @ bring down highway deaths could save hundreds of thousands of lives over a single decade .
Moreover , the act of driving on the highway—especially at high speeds—heightens the risk not only for one ’ s self but for other motorists as well .
This means if Americans would consent to drive at slow speeds , wear helmets when driving , and refrain from driving for “ nonessential ” reasons , countless lives could be saved .
Yet , clearly , most Americans have long since concluded that maximizing safety on the highway @ @ @ @ @ @ @ either to increase their own safety or the safety of others .
Countless American drivers routinely drive at high speed .
Some don ’ t even wear seat belts .
Many people drive to the store or the movies when they could “ be safe ” by just staying at home .
Yet these nonessential motorists continue to put others at risk in this manner .
Few Americans seem to regard this as a serious problem .
Most everyone just accepts the risk of highway accidents as another part of life .
The @ @ @ @ @ @ @ always occurred in the context of disease , and it is likely to occur in the context of covid-19 .
As time goes on , more and more Americans will simply accept that the risk of catching various diseases as a part of life .
This long ago occurred with the flu which still kills tens of thousands of Americans per year .
When this does finally happen with most of the public in regards to covid-19 , the pandemic will be de facto over , although may politicians and bureaucrats will no @ @ @ @ @ @ @ ( @ ryanmcmaken ) is a senior editor at the Mises Institute .
Ryan has degrees in economics and political science from the University of Colorado and was a housing economist for the State of Colorado .
He is the author of Commie Cowboys : The Bourgeoisie and the Nation-State in the Western Genre .

by Ryan McMaken of Mises Institute
In Colorado, reported cases and hospitalizations of covid-19 patients are at higher levels than ever before. And yet politicians are worried that if they issue new stay-at-home orders, the public won’t obey them. For instance the Denver Post last week reported Colorado Democrats admitted the public isn’t listening very closely anymore:
[State senator Steve] Fenberg and many other state leaders are worried…about whether a stay-at-home order would even work this time around. People have grown accustomed to certain freedoms since the spring, and already there are some in the population resistant even to the least oppressive rules, such as wearing masks. “They don’t want to have restrictive orders that people just entirely ignore,” Fenberg said. “Once you cross that line, that seriously, then it really starts to unravel, when people completely check out from following the orders.”
We’ll ignore the creepy framing of the issue around how citizens have lamentably “grown accustomed to certain freedoms” like being able to leave one’s home. But Fenberg is right to think the public is unlikely to be nearly as compliant this time around.
And what happens if Americans start acting as if there were no pandemic? Then, the pandemic is at a de facto end, even if “experts” insist that it is still a de jure reality.
Medical Pandemics vs. Social Pandemics
In other words, government agencies may issue declarations of when pandemics end, but as noted in the New York Times last May,
pandemics typically have two types of endings: the medical, which occurs when the incidence and death rates plummet, and the social, when the epidemic of fear about the disease wanes. “When people ask, ‘When will this end?,’ they are asking about the social ending,” said Dr[.] Jeremy Greene, a historian of medicine at Johns Hopkins. In other words, an end can occur not because a disease has been vanquished but because people grow tired of panic mode and learn to live with a disease
This has happened before. During the 1957–58 Asian flu pandemic, for example, the public took little notice of the fact that the flu was especially virulent that year. It is now estimated that more than a hundred thousand died of the flu in the period, which would be the equivalent of 220,000 Americans today. Indeed, Americans continued to die from the Asian flu into the 1960 flu season and beyond. But as far as the public was concerned, there had been no pandemic that required staying home or closing schools.
[Read More: “Why Didn’t the 1958 and 1918 Pandemics Destroy the Economy?” by Ryan McMaken]
Many Americans are apparently already moving in that direction now. According to a new report this month from Gallup, the percentage of Americans saying they are “very likely” to shelter in place has fallen from 67 percent in late March to 49 percent as of November 1. The percentage of respondents saying they are “very unlikely” or “somewhat unlikely” to adhere to stay-at-home orders has doubled from 15 percent to 33 percent. Notably, this trend has occurred in spite of more Americans in the survey also saying they think the virus situation is “getting worse.” In other words, Americans don’t think the disease is about to go away, but less than half say it’s very likely they’ll be sitting at home.
At this point, it’s a fairly safe bet that even as more and more Americans conclude they can’t put their lives on hold indefinitely, government bureaucrats will continue to insist that the pandemic puts everyone at grave risk.
But the public and technocrats often function on different schedules. After all, sitting at home for months or even years may work for childless, white-collar intellectuals and bureaucrats who can easily work from home and need not worry about the social and emotional development of children and others in their care. But many others are likely to view that model of daily life as thoroughly untenable.
Moreover, many currently unemployed Americans—who number in the millions—may conclude that collecting unemployment checks indefinitely is not a satisfactory substitute for making a living the ordinary way.
Making Risk Assessments
All of this will go into calculating risk, and this is why the public’s recognized end to pandemics is often different from the “official” end. The public is made up of countless individuals who make their own risk assessments based on the available facts.
This also is why it’s impossible to declare with finality when “herd immunity” has been reached. As Michel Accad explained last month at mises.org:
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while herd immunity may indeed be a real phenomenon that can take place under certain circumstances when populations are subjected to a contagious disease, it is important to recognize that herd immunity is not a concept that has any practical value for setting public health policy. For one thing, there is no objective way to establish that herd immunity has been achieved, since a “stable” rate of new infection is a subjective notion. What is a stable or tolerable rate of infection for me may not be so for you.
Whether or not the presence of a disease presents an acceptable risk to “the public” depends on countless individual risk assessments.
With stay-at-home orders, on the other hand, government officials have taken it upon themselves to apply an arbitrary bureaucrat-enforced definition of acceptable risk. These officials insist they must have the power to force the public to retreat to their home until some central political authority has determined that the risk level has dropped to an acceptable level.
How Much Risk Are We Willing to Accept When Driving?
Governments have tried this in other contexts as well.
When it comes to highway safety, for instance, federal and state government agencies spent years trying to convince Americans that “55 saves lives” and that driving at slower speeds would save thousands of American lives per year.
This in itself was not an unreasonable goal, of course. Nowadays, more than thirty-eight thousand people die every year in crashes on US roadways. An additional 4.4 million are injured seriously enough to require medical attention, and auto accidents are the leading cause of death in the US for people aged 1–54.
[Read More: “What the Failed 55-MPH Speed Limit Law Tells Us about COVID Lockdowns” by Ryan McMaken]
A concerted effort to bring down highway deaths could save hundreds of thousands of lives over a single decade. Moreover, the act of driving on the highway—especially at high speeds—heightens the risk not only for one’s self but for other motorists as well. This means if Americans would consent to drive at slow speeds, wear helmets when driving, and refrain from driving for “nonessential” reasons, countless lives could be saved.
Yet, clearly, most Americans have long since concluded that maximizing safety on the highway isn’t worth the trouble, either to increase their own safety or the safety of others. Countless American drivers routinely drive at high speed. Some don’t even wear seat belts. Many people drive to the store or the movies when they could “be safe” by just staying at home. Yet these nonessential motorists continue to put others at risk in this manner.
Few Americans seem to regard this as a serious problem. Most everyone just accepts the risk of highway accidents as another part of life.
The same thing, of course, has always occurred in the context of disease, and it is likely to occur in the context of covid-19. As time goes on, more and more Americans will simply accept that the risk of catching various diseases as a part of life. This long ago occurred with the flu which still kills tens of thousands of Americans per year.
When this does finally happen with most of the public in regards to covid-19, the pandemic will be de facto over, although may politicians and bureaucrats will no doubt disagree. Author:
Contact Ryan McMaken
Ryan McMaken (@ryanmcmaken) is a senior editor at the Mises Institute. Ryan has degrees in economics and political science from the University of Colorado and was a housing economist for the State of Colorado. He is the author of Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.


investmentwatchblog--2020-11-24--The MADNESS HAS STARTED! Biden Picks JOHN KERRY to Lead Climate Agenda.

Biden ’ s emerging Cabinet marks a return to a more traditional approach to governing , relying on veteran policymakers @ @ @ @ @ relationships in Washington and global capitals .
And with a roster that includes multiple women @ @ @ @ @ some of whom are breaking historic barriers in their posts — Biden is fulfilling his @ @ @ @ @ team that reflects the diversity of America .

Biden’s emerging Cabinet marks a return to a more traditional approach to governing, relying on veteran policymakers with deep expertise and strong relationships in Washington and global capitals. And with a roster that includes multiple women and people of color — some of whom are breaking historic barriers in their posts — Biden is fulfilling his campaign promise to lead a team that reflects the diversity of America.
www.wwnytv.com/2020/11/23/biden-picks-john-kerry-climate-change-role/


investmentwatchblog--2020-11-24--GSA just certified Biden win

GSA just certified Biden win

NEWS : The GSA has informed president-elect Joe Biden the administration is ready to begin the formal transition process , @ @ @ @ @ administrator Emily Murphy sent Monday afternoon and obtained by CNN , via @ KristenhCNN ( @ @ @ @

NEWS: The GSA has informed president-elect Joe Biden the administration is ready to begin the formal transition process, according to a letter from administrator Emily Murphy sent Monday afternoon and obtained by CNN, via @KristenhCNN (story TK!)
— Jeremy Herb (@jeremyherb) November 23, 2020


investmentwatchblog--2020-11-23--Doug Casey: The END of TRAVEL?

Doug Casey: The END of TRAVEL?

Doug Casey is known as the International Man .
He ’ s visited over 150 countries , many of them @ @ @ @ @ according to Doug , Travel is dead… unless you ’ re very rich .
Doug @ @ @ @ @ economist and advocate of the free market .
He is a bestselling financial author , @ @ @ @ @ and the founder and chairman of Casey Research , a provider of subscription financial analysis @ @ @ @ @ natural resources/metals/mining , energy , commodities , and technology .
Since 1979 he has written @ @ @ @ @ investment newsletter The International Speculator .
He has authored four books , including Crisis Investing @ @ @ @ @ of all time , Totally Incorrect , and Right on the Money .
His latest @ @ @ @

Doug Casey’s Take, Released on 11/23/20
Doug Casey is known as the International Man. He’s visited over 150 countries, many of them multiple times. And, according to Doug, Travel is dead… unless you’re very rich.
We are primarily funded by readers. Please subscribe and donate to support us!
Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/metals/mining, energy, commodities, and technology. Since 1979 he has written or co-written the monthly metals-and-mining-focused investment newsletter The International Speculator. He has authored four books, including Crisis Investing, the top-selling investing book of all time, Totally Incorrect, and Right on the Money. His latest novel is Assassin.


investmentwatchblog--2020-11-23--Awesome! Lawyers in Philly and the Partners of the Firm May Get Disbarred for Harassing Trump Lawyer

Awesome! Lawyers in Philly and the Partners of the Firm May Get Disbarred for Harassing Trump Lawyers in Fraud Lawsuit

Law Firm Kirkland and Ellis Withdraws From Representing Pennsylvania Secretary of State After One of its Associates Threatened Trump Attorney Law firm Kirkland & Ellis withdrew from representing Pennsylvania Secretary of State Kathy Boockvar on Friday .
Trump ’ s lawyers have been harassed and threatened for the ‘ crime ’ of representing the President of the United States .
Last week the anti-American hacks at The Lincoln Project doxxed and harassed two of President Trump ’ s Pennsylvania lawyers prompting them to withdraw from a voter fraud case .
Last weekend one of President Trump ’ s lawyers had @ @ @ @ @ @ @ civil rights lawsuit to ensure a clean election in Pennsylvania .
Philadelphia lawyer Linda Kerns said in a Sunday night court filing that she was harassed and threatened by a lawyer working for Kirkland & Ellis .
“ Since this case was filed , undersigned counsel has been subjected to continuous harassment in the form of abuse e-mails , phone calls , physical and economic threats , and even accusations of treason – all for representing the President of the United States ’ campaign in this litigation , ” wrote Kerns in her @ @ @ @ @ @ @ 2020 at 8:43 am , an attorney at Kirkland & Ellis left a one-minute voicemail for undersigned counsel .
The voicemail , which has been provided to counsel of record from Kirkland & Ellis in this case and will be provided to the Court via email upon request , speaks for itself and by any measure falls afoul of standards of professional conduct.
” Kirkland & Ellis has now withdrawn from representing PA Secretary of State Kathy Boockvar .
“ A Kirkland & Ellis associate engaged in behavior that could lead to disbarment @ @ @ @ @ @ @ several partners .
K & E tried to play the , “ It wasn ’ t our fault game , ” but that ’ s now how the law works.
” Attorney Mike Cernovich said .

Law Firm Kirkland and Ellis Withdraws From Representing Pennsylvania Secretary of State After One of its Associates Threatened Trump Attorney
Law firm Kirkland & Ellis withdrew from representing Pennsylvania Secretary of State Kathy Boockvar on Friday.
Trump’s lawyers have been harassed and threatened for the ‘crime’ of representing the President of the United States.
Last week the anti-American hacks at The Lincoln Project doxxed and harassed two of President Trump’s Pennsylvania lawyers prompting them to withdraw from a voter fraud case.
Last weekend one of President Trump’s lawyers had her life threatened after she filed a civil rights lawsuit to ensure a clean election in Pennsylvania.
Philadelphia lawyer Linda Kerns said in a Sunday night court filing that she was harassed and threatened by a lawyer working for Kirkland & Ellis.
We are primarily funded by readers. Please subscribe and donate to support us!
“Since this case was filed, undersigned counsel has been subjected to continuous harassment in the form of abuse e-mails, phone calls, physical and economic threats, and even accusations of treason – all for representing the President of the United States’ campaign in this litigation,” wrote Kerns in her filing.
“On November 14, 2020 at 8:43 am, an attorney at Kirkland & Ellis left a one-minute voicemail for undersigned counsel. The voicemail, which has been provided to counsel of record from Kirkland & Ellis in this case and will be provided to the Court via email upon request, speaks for itself and by any measure falls afoul of standards of professional conduct.”
Kirkland & Ellis has now withdrawn from representing PA Secretary of State Kathy Boockvar.
“A Kirkland & Ellis associate engaged in behavior that could lead to disbarment for not only the associate, but several partners. K&E tried to play the, “It wasn’t our fault game,” but that’s now how the law works.” Attorney Mike Cernovich said.
A Kirkland & Ellis associate engaged in behavior that could lead to disbarment for not only the associate, but several partners. K&E tried to play the, "It wasn't our fault game," but that's now how the law works. t.co/o4yVk4XxM4 pic.twitter.com/4qSARVamzs — Cerno (@Cernovich) November 20, 2020
www.thegatewaypundit.com/2020/11/law-firm-kirkland-ellis-withdraws-representing-pennsylvania-secretary-state-one-associates-threatened-trump-attorney/
h/t Alpacalips


investmentwatchblog--2020-11-23--The Death Star Strategy: Is Trump Contemplating The Ultimate Constitutional Trick Shot?

Below is my column in The Hill on the possibility of contesting electoral certifications by key states .
With the adverse ruling in Pennsylvania , the Trump legal team is still pledging new evidence of massive fraud as certifications are completed .
The options for the team seem more and more reduced to the ultimate constitutional trick shot in engineering a fight on the floor of Congress .
Here is the column : The Thursday press conference by President Trump ’ s legal team left many breathless as Trump counsel Rudy Giuliani alleged a global communist conspiracy to steal the @ @ @ @ @ @ @ to credible election challenges over provisional ballots or “ curing ” rules , he repeatedly returned to the allegation of a purported massive conspiracy directed by Democrats to change and “ inject ” votes into state tallies .
It was a strange narrative that seemed to move away from the provable to the unbelievable .
The question is , why ?
One possibility : to raise sweeping allegations with insufficient time to resolve them in order to force an Electoral College fight .
The idea would be to give license to Republican-controlled legislatures @ @ @ @ @ @ @ electors or block the submission of any set of electors .
Concern over such a strategy was magnified when Trump called key Republican leaders from Michigan ’ s legislature to the White House on Friday .
In “ Star Wars , ” a struggling rebellion was in full retreat on every front against an overwhelming force in the Empire .
The rebels were left with just one strategy and literally one shot .
Luke Skywalker had to skim the surface of the Death Star along a trench and fire a round into a @ @ @ @ @ @ @ an air shaft and cause an explosion in the core reactor .
Then poof !
No more Death Star .
However , if this is the Trump team ’ s plan , it will make Luke Skywalker ’ s shot look like a beanbag toss .
The “ trench , ” in this instance , is found in state election systems leading to the electoral equivalent of the “ exhaust port ” in the Constitution ’ s Electoral College .
It is the Electoral College where the actual election of an American president @ @ @ @ @ @ @ the Electoral College — a figure that adds up to the number of members the states have in the two houses of Congress , or 535 .
( In addition , for Electoral College purposes , the District of Columbia is given three electors , for a total of 538 . )
Thus , a candidate must have at least 270 electoral votes to become president .
To reach that “ exhaust port , ” Trump ’ s legal-team equivalent of X-wing fighters must get all the way down the electoral “ trench @ @ @ @ @ @ @ certifications and deny Joe Biden the 270 threshold or claim those votes for Trump .
The Trump team has focused on states such as Arizona , Georgia , Michigan , Nevada and Pennsylvania .
If the litigation can create serious doubts over the authentication or tabulation of ballots , the Trump campaign could force fights on the floors of these state legislatures .
However , after meeting with the president on Friday , the Michigan legislative leaders dealt that potential strategy a serious blow by saying they are unaware of anything that would @ @ @ @ @ @ @ Biden .
Once litigation introduces doubt as to the validity of the vote , the matter travels down the electoral version of the Death Star ’ s air shaft to individual state legislatures .
This is when things move into some uncertain constitutional physics .
Article II of the Constitution states that electors are appointed “ in such Manner as the Legislature thereof may direct.
” All but a couple of states have directed that all of their electoral votes will go to the candidate with the greater number of statewide votes .
@ @ @ @ @ @ @ legislators decide they can not say with confidence who won the greater number of votes ?
Such controversies have arisen before , as in 2004 , when Democrats objected to counting Ohio ’ s electoral votes due to voting irregularities .
The greatest controversy occurred in 1876 after a close , heated election between Republican Rutherford Hayes and Democrat Samuel Tilden .
Like Biden , Tilden won the popular vote and more electoral votes ( 184 , to Hayes ’ s 165 ) .
The problem was that rampant fraud was alleged in @ @ @ @ @ @ @ ( For example , South Carolina reported 101 percent of voters voting ) .
The controversy led to rival sets of electors being sent to Congress .
A long fight led to the improbable election of Hayes as president .
For Trump to pull off a similar maneuver , he would need the cooperation of Republican state legislators .
He also would face collateral litigation over who should certify electors — a state ’ s governor or its legislature .
In Bush v. Gore in 2000 , the Supreme Court ordered an effective @ @ @ @ @ @ @ was just one state .
It is possible that such multistate litigation could push the challenges beyond the end of the safe-harbor period for certification on Dec. 8 or beyond Dec. 23 , when those votes are supposed to be submitted to Congress .
Indeed , it could force a fight on Jan. 6 , when Congress gathers in joint session to count the votes .
Only then would the action make it into the “ core reactor ” equivalent of our constitutional system — the joint session of Congress .
This would @ @ @ @ @ @ @ election .
Unfortunately , the Electoral Count Act ( ECA ) of 1887 is hardly a model of clarity and would become the focus of litigation itself .
Under some circumstances , Vice President Pence could issue a ruling in favor of Trump , but one senator and one House member could challenge his ruling .
What if there were insufficient votes overall to elect a president ?
This is where we could see a rare court intervention in a contested election in Congress .
The ECA is ambiguous on what it means @ @ @ @ @ @ @ it does not clearly state whether a majority of “ electors appointed ” means a majority of the 538 electors ( 270 ) or simply a majority of those electors accepted or successfully certified ( allowing election with less than 270 electoral votes ) .
There also are untested terms and provisions , ranging from the weight given to the decision of governors and the meaning of what is “ lawfully certified ” or whether votes were “ regularly given.
” There also is the potential under the 12th Amendment for a “ @ @ @ @ @ @ @ tie or insufficient votes .
In such a case , Trump could win again .
In that case , the vote for president is held in the House based on state delegations , not individual members .
Republicans likely will control a majority of state delegations in the House , despite having fewer seats overall — as well as the Senate , where Pence could be reelected .
Again , that is all quite a long shot — a bit more than Luke Skywalker ’ s boast that he could sink it because @ @ @ @ @ @ @ womp rats in my T-16 back home.
” It is enough to make an Ewok weep .
All one can say , to paraphrase Han Solo ’ s parting words before heading out for Death Star , is “ Hey , Rudy .
May the Force — and the ECA — be with you .
”

Authored by Jonathan Turley,
Below is my column in The Hill on the possibility of contesting electoral certifications by key states. With the adverse ruling in Pennsylvania, the Trump legal team is still pledging new evidence of massive fraud as certifications are completed. The options for the team seem more and more reduced to the ultimate constitutional trick shot in engineering a fight on the floor of Congress. Here is the column:
The Thursday press conference by President Trump’s legal team left many breathless as Trump counsel Rudy Giuliani alleged a global communist conspiracy to steal the 2020 election. While making passing references to credible election challenges over provisional ballots or “curing” rules, he repeatedly returned to the allegation of a purported massive conspiracy directed by Democrats to change and “inject” votes into state tallies.
It was a strange narrative that seemed to move away from the provable to the unbelievable. The question is, why?
One possibility: to raise sweeping allegations with insufficient time to resolve them in order to force an Electoral College fight. The idea would be to give license to Republican-controlled legislatures to intervene with their own sets of electors or block the submission of any set of electors. Concern over such a strategy was magnified when Trump called key Republican leaders from Michigan’s legislature to the White House on Friday.
Call it the “Death Star strategy.”
In “Star Wars,” a struggling rebellion was in full retreat on every front against an overwhelming force in the Empire. The rebels were left with just one strategy and literally one shot. Luke Skywalker had to skim the surface of the Death Star along a trench and fire a round into a small thermal exhaust port to travel down an air shaft and cause an explosion in the core reactor. Then poof! No more Death Star.
However, if this is the Trump team’s plan, it will make Luke Skywalker’s shot look like a beanbag toss.
The electoral ‘trench’
The “trench,” in this instance, is found in state election systems leading to the electoral equivalent of the “exhaust port” in the Constitution’s Electoral College. It is the Electoral College where the actual election of an American president occurs. Each state certifies votes to the Electoral College — a figure that adds up to the number of members the states have in the two houses of Congress, or 535. (In addition, for Electoral College purposes, the District of Columbia is given three electors, for a total of 538.) Thus, a candidate must have at least 270 electoral votes to become president.
We are primarily funded by readers. Please subscribe and donate to support us!
To reach that “exhaust port,” Trump’s legal-team equivalent of X-wing fighters must get all the way down the electoral “trench” by creating challenges to multiple state certifications and deny Joe Biden the 270 threshold or claim those votes for Trump. The Trump team has focused on states such as Arizona, Georgia, Michigan, Nevada and Pennsylvania. If the litigation can create serious doubts over the authentication or tabulation of ballots, the Trump campaign could force fights on the floors of these state legislatures. However, after meeting with the president on Friday, the Michigan legislative leaders dealt that potential strategy a serious blow by saying they are unaware of anything that would change their state’s certification for Biden.
The electoral ‘shaft’
Once litigation introduces doubt as to the validity of the vote, the matter travels down the electoral version of the Death Star’s air shaft to individual state legislatures. This is when things move into some uncertain constitutional physics.
Article II of the Constitution states that electors are appointed “in such Manner as the Legislature thereof may direct.” All but a couple of states have directed that all of their electoral votes will go to the candidate with the greater number of statewide votes. The question is, what happens if legislators decide they cannot say with confidence who won the greater number of votes?
Such controversies have arisen before, as in 2004, when Democrats objected to counting Ohio’s electoral votes due to voting irregularities. The greatest controversy occurred in 1876 after a close, heated election between Republican Rutherford Hayes and Democrat Samuel Tilden. Like Biden, Tilden won the popular vote and more electoral votes (184, to Hayes’s 165). The problem was that rampant fraud was alleged in Florida, Louisiana and South Carolina. (For example, South Carolina reported 101 percent of voters voting). The controversy led to rival sets of electors being sent to Congress. A long fight led to the improbable election of Hayes as president.
For Trump to pull off a similar maneuver, he would need the cooperation of Republican state legislators. He also would face collateral litigation over who should certify electors — a state’s governor or its legislature. In Bush v. Gore in 2000, the Supreme Court ordered an effective halt to further litigation, but that was just one state. It is possible that such multistate litigation could push the challenges beyond the end of the safe-harbor period for certification on Dec. 8 or beyond Dec. 23, when those votes are supposed to be submitted to Congress. Indeed, it could force a fight on Jan. 6, when Congress gathers in joint session to count the votes.
The electoral ‘reactor’
Only then would the action make it into the “core reactor” equivalent of our constitutional system — the joint session of Congress. This would trigger a law passed after the Hayes-Tilden election. Unfortunately, the Electoral Count Act (ECA) of 1887 is hardly a model of clarity and would become the focus of litigation itself. Under some circumstances, Vice President Pence could issue a ruling in favor of Trump, but one senator and one House member could challenge his ruling.
What if there were insufficient votes overall to elect a president? This is where we could see a rare court intervention in a contested election in Congress. The ECA is ambiguous on what it means to have a majority of electors; it does not clearly state whether a majority of “electors appointed” means a majority of the 538 electors (270) or simply a majority of those electors accepted or successfully certified (allowing election with less than 270 electoral votes). There also are untested terms and provisions, ranging from the weight given to the decision of governors and the meaning of what is “lawfully certified” or whether votes were “regularly given.”
There also is the potential under the 12th Amendment for a “contingent election” when there is a tie or insufficient votes. In such a case, Trump could win again. In that case, the vote for president is held in the House based on state delegations, not individual members. Republicans likely will control a majority of state delegations in the House, despite having fewer seats overall — as well as the Senate, where Pence could be reelected.
Again, that is all quite a long shot — a bit more than Luke Skywalker’s boast that he could sink it because he “used to bull’s-eye womp rats in my T-16 back home.” It is enough to make an Ewok weep. All one can say, to paraphrase Han Solo’s parting words before heading out for Death Star, is “Hey, Rudy. May the Force — and the ECA — be with you.”


investmentwatchblog--2020-11-23--This is the Key to Bringing it All Down

This is the Key to Bringing it All Down

What you will hear in this interview is the KEY to bringing down their entire system of fraud , in @ @ @ @ @ Christopher James joins me to spill the beans .

from SGT Report
What you will hear in this interview is the KEY to bringing down their entire system of fraud, in every single commonwealth country. Christopher James joins me to spill the beans.
We are primarily funded by readers. Please subscribe and donate to support us!
www.awarriorcalls.com
www.earthunited.global


investmentwatchblog--2020-11-23--On Coronavirus, We Must Not Allow Politics to Dictate Science

In these past couple of weeks , two important studies have been published that could dramatically increase our understanding of the Covid-19 disease .
Adding to the science of how we understand and treat this disease is something that should be welcomed , because properly understood it can save lives .
The only problem is that because the results from these two studies challenge what the media has established as conventional wisdom about the disease , the reports are at best being ignored and at worst being openly distorted by the mainstream media .
This is in my view a @ @ @ @ @ @ @ politics and it may well end up causing many more unnecessary deaths .
First is the Danish mask study , which was completed several months ago but was only recently published in a peer-reviewed journal .
The study took two groups and gave the first group masks to wear with instruction on how they should be used .
The other group was the mask-free control group .
The study found that coronavirus spread within the statistical margin of error in each group .
In other words , wearing the mask did little if @ @ @ @ @ @ @ virus .
As the wearing of masks is still being mandated across the country and the globe , this study should be reported as an important piece of counter-evidence .
At the very least it might be expected to invite a rush of similar studies to refute or confirm the results .
However , while mostly ignored by the media , when it was covered the spin on the study was so strange that the conclusion presented was opposite to the findings .
For example , the Los Angeles Times published an article @ @ @ @ @ @ @ trial didn ’ t stop coronavirus spread , but it shows why more mask-wearing is needed.
” Similarly , a massive new study conducted in Wuhan , China , and published in the respected scientific journal Nature , reports that asymptomatic persons who have tested positive for Covid-19 do not pass on the infection to others .
Considering that mask mandates and lockdowns are all based on the theory that asymptomatic “ positive cases ” can still pass on the sickness , this is potentially an important piece of information to help plan @ @ @ @ @ @ @ .
At the least , again , it should stimulate additional , far-reaching studies to either confirm or deny the Wuhan study .
We do know , based on information from widely-accepted sources as the CDC and World Health Organization , that lockdowns can have a very serious negative effect on society .
On July 14th , CDC Director Robert Redfield told a seminar that lockdowns are causing more deaths than Covid .
So if there is a way to continue fighting Covid and protecting those most at risk while drastically reducing deaths @ @ @ @ @ @ @ this worth some consideration ?
Isn ’ t this worth at least some further research ?
Well , not according to the mainstream media .
They have established their narrative and they are not about to budge .
The two studies are fatally flawed , they report .
Of course that might be the case , but isn ’ t that an argument to attempt to replicate the studies to prove it ?
That would be the scientific approach .
Sadly , “ trust the science ” has come to mean “ trust @ @ @ @ @ @ @ a very dangerous way of thinking and can prove to be deadly .

by Ron Paul
In these past couple of weeks, two important studies have been published that could dramatically increase our understanding of the Covid-19 disease. Adding to the science of how we understand and treat this disease is something that should be welcomed, because properly understood it can save lives.
The only problem is that because the results from these two studies challenge what the media has established as conventional wisdom about the disease, the reports are at best being ignored and at worst being openly distorted by the mainstream media.
This is in my view a dangerous and foolish subjugation of science to politics and it may well end up causing many more unnecessary deaths.
First is the Danish mask study, which was completed several months ago but was only recently published in a peer-reviewed journal. The study took two groups and gave the first group masks to wear with instruction on how they should be used. The other group was the mask-free control group.
The study found that coronavirus spread within the statistical margin of error in each group. In other words, wearing the mask did little if anything to control the spread of the virus.
As the wearing of masks is still being mandated across the country and the globe, this study should be reported as an important piece of counter-evidence. At the very least it might be expected to invite a rush of similar studies to refute or confirm the results.
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However, while mostly ignored by the media, when it was covered the spin on the study was so strange that the conclusion presented was opposite to the findings. For example, the Los Angeles Times published an article with the headline, “Face mask trial didn’t stop coronavirus spread, but it shows why more mask-wearing is needed.”
Similarly, a massive new study conducted in Wuhan, China, and published in the respected scientific journal Nature, reports that asymptomatic persons who have tested positive for Covid-19 do not pass on the infection to others. Considering that mask mandates and lockdowns are all based on the theory that asymptomatic “positive cases” can still pass on the sickness, this is potentially an important piece of information to help plan a more effective response to the virus.
At the least, again, it should stimulate additional, far-reaching studies to either confirm or deny the Wuhan study.
We do know, based on information from widely-accepted sources as the CDC and World Health Organization, that lockdowns can have a very serious negative effect on society. On July 14th, CDC Director Robert Redfield told a seminar that lockdowns are causing more deaths than Covid.
So if there is a way to continue fighting Covid and protecting those most at risk while drastically reducing deaths related to lockdowns, isn’t this worth some consideration? Isn’t this worth at least some further research?
Well, not according to the mainstream media. They have established their narrative and they are not about to budge. The two studies are fatally flawed, they report. Of course that might be the case, but isn’t that an argument to attempt to replicate the studies to prove it?
That would be the scientific approach. Sadly, “trust the science” has come to mean “trust the narrative I support.” That is a very dangerous way of thinking and can prove to be deadly.


investmentwatchblog--2020-11-23--Why America Faces a Civil War – There is no Alternative

This election is unlike anything ever before .
The Democrats lied to the people promising they will create jobs without mentioning that they are in league with the World Economic Forum and the Great Reset as is Canada for Agenda 2030 which has to first destroy as many jobs as possible .
What the Democrats are doing engaging in politics as usual and it is not about raising your taxes 10 % .
This is all about changing the very foundation of the United States and terminating free speech and our democracy handing power to the United Nations .
Former @ @ @ @ @ @ @ panel discussion at the World Economic Forum during which he asserted that a Great Reset was urgently needed to stop the rise of populism .
They regard Trump was elected by “ populism ” so what he was saying was to suppress those who voted for Trump which is anti-Democratic .
He is preaching totalitarianism because they are right and everyone else must therefore be wrong and dangerous .
Kerry vowed that under a Biden administration , America would rejoin the Paris Climate Agreement to push the Great Reset but added , that @ @ @ @ @ @ @ The notion of a reset is more important than ever before ” according to Kerry .
He added : “ I personally believe … we ’ re at the dawn of an extremely exciting time.
” Kerry is fully supporting Klaus Schwab stating that this “ reset ” is necessary to extinguish populism .
This is outright open treason against the United States and Kerry is aiding and abetting the World Economic Forum which is now a declared foreign enemy of the United States expressing that it wants to overthrow the United States @ @ @ @ @ @ @ hand of many nations at the United Nations .
Benedict Arnold began corresponding with British spies .
Arnold negotiated his defection to the British and the subversion of West Point which he was in charge of .
In August 1780 , Sir Henry Clinton offered Arnold £20,000 for delivering West Point and 3,000 troops into the hands of the British .
Arnold told General Washington that West Point was adequately prepared for an attack even though he was busy making sure that it really wasn ’ t ready at all and would surrender @ @ @ @ @ @ @ General Washington to be capture by the British as a bonus .
His message inviting General Washington to West Point was delayed and thus delivered too late .
The West Point surrender was also foiled when an American colonel ignored Arnold ’ s order not to fire on an approaching British ship .
At the British surrender at Yorktown , Benedict Arnold was burned in effigy and his name has since become synonymous with traitor .
He returned with the British who treated him like a traitor .
He died in 1801 and @ @ @ @ @ @ @ .
Kerry is doing nothing less than Treason .
He and his fellow Democrats intend to deliver the United States into the hands of Klaus Schwab and the United Nations .
That is outright Treason and they should be treated as such .
Klaus Schwab and his World Economic Forum is a threat to the national security of the United States .
If he were a country , it would justify declaring war .
He should be criminally charged and Switzerland should be put on notice to extradite him ASAP .
Making the @ @ @ @ @ @ @ Republican form of government .
They get to lie about what they stand for , get elected on a fraudulent platform , and then claim they have a mandate to do what they never told the voters .
I seriously doubt that the majority of people who voted for Biden would have voted for the Great Reset if the Democrats dared to be honest that you would give up their freedom to travel , surrender their cars and their jobs and the people who will have wealth will be only those sanctioned by @ @ @ @ @ @ @ outright Treason .
You already have AOC demanding that Biden circumvent Congress and put in place her New Green Deal without any democratic process .
The nation as a whole did not vote for her , nor her radical agenda .
This is how tyranny prevails under the pretense of democracy .
Here is the clip from Ted Cruz ( below ) interrogating BigTech .
Note that the Democrats want them to suppress “ populism ” or any expression of freedom that the Democrats are against .
This is not a normal election @ @ @ @ @ @ @ role as the press during the Russian Revolution and are against our basic freedom and rights .
This is about changing the United States and I am warning , if Biden takes the White House which is looking more likely with the press ignoring the electoral college and declaring Biden president already , we may even see the end of elections by 2022 .
At the very least .
the United States will plunge into violence with the prospect of civil war erupting as soon as 2022 but no later than 2024 .
@ @ @ @ @ @ @ and international war .
This is not my opinion .
From studying history , the Democrats are pushing “ populism ” into a corner which means it will have to take to the streets for its own survival leaving violence as the ONLY solution .
This is not a normal election – this is outright treason to everything the United States once stood for .
NEVER before has an election been so dramatic .
This is all because Socialism is collapsing , they can no longer borrow , they can not raise interest @ @ @ @ @ @ @ funds are collapsing , and the only way they see out of this nightmare is this Great Reset .
Canada has already come out and said they are joining Agenda 2030 of Klaus Schwab .
God help us !

by Martin Armstrong
This election is unlike anything ever before. The Democrats lied to the people promising they will create jobs without mentioning that they are in league with the World Economic Forum and the Great Reset as is Canada for Agenda 2030 which has to first destroy as many jobs as possible. What the Democrats are doing engaging in politics as usual and it is not about raising your taxes 10%. This is all about changing the very foundation of the United States and terminating free speech and our democracy handing power to the United Nations.
Former Secretary of State John Kerry attended a panel discussion at the World Economic Forum during which he asserted that a Great Reset was urgently needed to stop the rise of populism. They regard Trump was elected by “populism” so what he was saying was to suppress those who voted for Trump which is anti-Democratic. He is preaching totalitarianism because they are right and everyone else must therefore be wrong and dangerous.
Kerry vowed that under a Biden administration, America would rejoin the Paris Climate Agreement to push the Great Reset but added, that this was “not enough.”
“The notion of a reset is more important than ever before” according to Kerry. He added: “I personally believe … we’re at the dawn of an extremely exciting time.”
Kerry is fully supporting Klaus Schwab stating that this “reset” is necessary to extinguish populism. This is outright open treason against the United States and Kerry is aiding and abetting the World Economic Forum which is now a declared foreign enemy of the United States expressing that it wants to overthrow the United States and hand its superpower status to the hand of many nations at the United Nations.
Benedict Arnold began corresponding with British spies. Arnold negotiated his defection to the British and the subversion of West Point which he was in charge of. In August 1780, Sir Henry Clinton offered Arnold £20,000 for delivering West Point and 3,000 troops into the hands of the British. Arnold told General Washington that West Point was adequately prepared for an attack even though he was busy making sure that it really wasn’t ready at all and would surrender.
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Arnold even attempted to set up General Washington to be capture by the British as a bonus. His message inviting General Washington to West Point was delayed and thus delivered too late. The West Point surrender was also foiled when an American colonel ignored Arnold’s order not to fire on an approaching British ship. At the British surrender at Yorktown, Benedict Arnold was burned in effigy and his name has since become synonymous with traitor. He returned with the British who treated him like a traitor. He died in 1801 and was buried in England without military honors.
Kerry is doing nothing less than Treason. He and his fellow Democrats intend to deliver the United States into the hands of Klaus Schwab and the United Nations. That is outright Treason and they should be treated as such. Klaus Schwab and his World Economic Forum is a threat to the national security of the United States. If he were a country, it would justify declaring war. He should be criminally charged and Switzerland should be put on notice to extradite him ASAP. Making the
This is what is WRONG with a Republican form of government. They get to lie about what they stand for, get elected on a fraudulent platform, and then claim they have a mandate to do what they never told the voters. I seriously doubt that the majority of people who voted for Biden would have voted for the Great Reset if the Democrats dared to be honest that you would give up their freedom to travel, surrender their cars and their jobs and the people who will have wealth will be only those sanctioned by the political elite. This policy is outright Treason. You already have AOC demanding that Biden circumvent Congress and put in place her New Green Deal without any democratic process. The nation as a whole did not vote for her, nor her radical agenda. This is how tyranny prevails under the pretense of democracy.
Here is the clip from Ted Cruz (below) interrogating BigTech. Note that the Democrats want them to suppress “populism” or any expression of freedom that the Democrats are against. This is not a normal election. BigTech is playing the very same role as the press during the Russian Revolution and are against our basic freedom and rights. This is about changing the United States and I am warning, if Biden takes the White House which is looking more likely with the press ignoring the electoral college and declaring Biden president already, we may even see the end of elections by 2022. At the very least. the United States will plunge into violence with the prospect of civil war erupting as soon as 2022 but no later than 2024.
Our computer has been projecting civil unrest and international war. This is not my opinion. From studying history, the Democrats are pushing “populism” into a corner which means it will have to take to the streets for its own survival leaving violence as the ONLY solution. This is not a normal election – this is outright treason to everything the United States once stood for.
NEVER before has an election been so dramatic. This is all because Socialism is collapsing, they can no longer borrow, they cannot raise interest rates without wiping out governments, pension funds are collapsing, and the only way they see out of this nightmare is this Great Reset. Canada has already come out and said they are joining Agenda 2030 of Klaus Schwab. God help us!


investmentwatchblog--2020-11-23--People going hungry = Record high stock prices

New York City is up 33 % this year .
St. Louis is up 66 % .
In Oregon it ’ s up 100 % .
I ’ m not talking about real estate prices , local budget gaps , or even property tax rates .
These are the startling increases in the number of people across the country , and the world , who are in need of food .
Food banks across the Land of the Free are experiencing an enormous surge in demand from people looking to feed their families , many of whom are experiencing such @ @ @ @ @ @ @ The director of a local food bank in western Massachusetts , for example , recently said , “ I thought I had seen the worst during the Great Recession [ of 2008-2009 ] .
But what we have experienced since March due to COVID-19 has really overwhelmed us.
” I saw a video last week showing thousands of cars “ stretching as far as the eye can see ” in line to receive free food from a local food bank in my hometown of Dallas , Texas .
Similarly , Miami had a @ @ @ @ @ @ @ two miles.
” You can see the same thing in big cities like New York and LA , to quieter towns like Erie , Pennsylvania , and across the world .
In the small town of Dorset in southwestern England , food banks have handed out an astonishing 1.2 million meals over the past few months , shattering all previous records .
And local officials say that was just the tip of the iceberg .
It ’ s obvious there are millions upon millions of people who are suffering immeasurably because of Covid @ @ @ @ @ @ @ stock market is at an ALL TIME HIGH .
More than 11 million people in the US alone are still unemployed .
2.7 million homeowners are in forbearance ( meaning they ’ re not paying their mortgages ) .
Millions more are relying on food banks to feed their families .
Consumer spending ( which makes up 70 % of US GDP ) is still well below where it was before the pandemic .
And according to Standard and Poors , corporate profits of the S & P 500 are down 48.96 % @ @ @ @ @ @ @ Plus there are entire industries– retail , travel and tourism , commercial real estate– which have been completely vanquished .
And it ’ s unclear if they ’ ll ever fully recover .
Lockdowns have already restarted across the country , and Joe Biden ’ s advisors are suggesting that the entire nation should lock down for 4-6 weeks early next year .
Yet , again , the stock market is at an all-time high , higher than it was before the pandemic when corporate profits were at record highs and the unemployment @ @ @ @ @ @ @ I don ’ t think you need a PhD in finance to understand that this makes absolutely no sense– the stock market is completely disconnected from any sort of reality .
It ’ s no longer about productivity , innovation , profitability , or the health of the economy .
The market has become nothing more than a casino , and investors merely gamblers , placing bets on how much government stimulus money will be sprinkled around the economy , or how much more money the central bank will print .
It ’ @ @ @ @ @ @ @ dollars of wealth didn ’ t evaporate this year .
Or that all of the lost value can just be conjured out of thin air by the Federal Reserve .
That isn ’ t even close to the same thing .
Real wealth comes from production and value creation .
It doesn ’ t come from a central banker conjuring trillions of currency units out of thin air with the push of a button .
And wealth certainly isn ’ t created when governments go into debt to pay people to NOT work @ @ @ @ @ @ @ of this to be pessimistic ; there are obviously a lot of signs of improvement , and the economy is in better shape than it was six months ago .
But even if Covid did suddenly and miraculously disappear off the face of the Earth , there would still be the legacy of trillions upon trillions of dollars of new debt to contend with .
Consumer debt , corporate debt , and government debt have all soared to all-time highs due to Covid .
But debt is not wealth .
Going into debt @ @ @ @ @ @ @ to consume today .
Debt has to be repaid eventually , and serviced .
This is the opposite of wealth .
Yet no matter how high these debt burdens grow , the stock market keeps charging higher .
Even more bizarrely– there ’ s a decent chance this trend will continue as long as the Fed keeps interest rates at record lows to fuel the stock boom ( which they probably will ) .
And that ’ s the nature of asset bubbles : as long as central banks print money , asset @ @ @ @ @ @ @ It ’ s basically free money for investors .
Now , there ’ s certainly nothing wrong with grabbing some of that free money that the Fed keeps pumping into the stock market .

by Simon Black
New York City is up 33% this year. St. Louis is up 66%. In Oregon it’s up 100%.
I’m not talking about real estate prices, local budget gaps, or even property tax rates.
These are the startling increases in the number of people across the country, and the world, who are in need of food.
Food banks across the Land of the Free are experiencing an enormous surge in demand from people looking to feed their families, many of whom are experiencing such economic hardship for the first time.
The director of a local food bank in western Massachusetts, for example, recently said, “I thought I had seen the worst during the Great Recession [of 2008-2009]. But what we have experienced since March due to COVID-19 has really overwhelmed us.”
I saw a video last week showing thousands of cars “stretching as far as the eye can see” in line to receive free food from a local food bank in my hometown of Dallas, Texas.
Similarly, Miami had a “massive food bank line stretched for two miles.”
You can see the same thing in big cities like New York and LA, to quieter towns like Erie, Pennsylvania, and across the world.
In the small town of Dorset in southwestern England, food banks have handed out an astonishing 1.2 million meals over the past few months, shattering all previous records. And local officials say that was just the tip of the iceberg.
It’s obvious there are millions upon millions of people who are suffering immeasurably because of Covid lockdowns.
Yet amazingly enough, the stock market is at an ALL TIME HIGH.
More than 11 million people in the US alone are still unemployed. 2.7 million homeowners are in forbearance (meaning they’re not paying their mortgages). Millions more are relying on food banks to feed their families.
Consumer spending (which makes up 70% of US GDP) is still well below where it was before the pandemic.
And according to Standard and Poors, corporate profits of the S&P 500 are down 48.96% compared to this time last year.
Plus there are entire industries– retail, travel and tourism, commercial real estate– which have been completely vanquished. And it’s unclear if they’ll ever fully recover.
Lockdowns have already restarted across the country, and Joe Biden’s advisors are suggesting that the entire nation should lock down for 4-6 weeks early next year.
(Ironically these same advisors are calling to #defundthepolice while simultaneously demanding the police enforce their ridiculous lockdowns. They also want to raise taxes on businesses, but that’s another story…)
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Yet, again, the stock market is at an all-time high, higher than it was before the pandemic when corporate profits were at record highs and the unemployment rate was at a record low.
Somehow lower profits + lower consumer spending + higher unemployment + ravaged economy + soaring demand for food banks = record high stock prices.
I don’t think you need a PhD in finance to understand that this makes absolutely no sense– the stock market is completely disconnected from any sort of reality.
It’s no longer about productivity, innovation, profitability, or the health of the economy.
The market has become nothing more than a casino, and investors merely gamblers, placing bets on how much government stimulus money will be sprinkled around the economy, or how much more money the central bank will print.
It’s as if as if trillions of dollars of wealth didn’t evaporate this year. Or that all of the lost value can just be conjured out of thin air by the Federal Reserve.
That isn’t even close to the same thing.
Real wealth comes from production and value creation. It doesn’t come from a central banker conjuring trillions of currency units out of thin air with the push of a button.
And wealth certainly isn’t created when governments go into debt to pay people to NOT work.
I’m not saying any of this to be pessimistic; there are obviously a lot of signs of improvement, and the economy is in better shape than it was six months ago.
But even if Covid did suddenly and miraculously disappear off the face of the Earth, there would still be the legacy of trillions upon trillions of dollars of new debt to contend with.
Consumer debt, corporate debt, and government debt have all soared to all-time highs due to Covid.
But debt is not wealth. Going into debt means borrowing from future prosperity in order to consume today. Debt has to be repaid eventually, and serviced. This is the opposite of wealth.
Yet no matter how high these debt burdens grow, the stock market keeps charging higher.
Even more bizarrely– there’s a decent chance this trend will continue as long as the Fed keeps interest rates at record lows to fuel the stock boom (which they probably will).
And that’s the nature of asset bubbles: as long as central banks print money, asset prices have support to move higher. It’s basically free money for investors.
Now, there’s certainly nothing wrong with grabbing some of that free money that the Fed keeps pumping into the stock market.