investmentwatchblog--2020-06-26--The Depression Dominoes Are Toppling

The Depression Dominoes Are Toppling

Once you allow your economy to become dependent on extremes of debt , leverage , inequality , legalized looting , monopoly , pay-to-play politics and speculative asset bubbles , a depression is inevitable .
The pandemic lockdown will be blamed for the Greater Depression , but the lockdown only toppled all the dominoes that were already lined up .
The lockdown would have been survivable if the economy hadn ’ t been over-indebted , over-leveraged , burdened by insanely high costs , stripmined by greedy monopolies , dependent on stock market fraud , destabilized by extreme inequality , corrupted by @ @ @ @ @ @ @ The apologists always blame depressions on central banks not printing money fast enough , while overlooking the real drivers : debt , high costs and dependence on speculative bubbles .
As noted here many times , revenues and income can quickly slide lower , but debt must be serviced regardless of revenues and income .
Once debt payments dominate expenses , any wobble in revenues / income / cash flow triggers default .
Regarding unbearably high costs that only go higher , year after year : as noted here many times , Sickcare @ @ @ @ @ @ @ , never mind soaring higher education / student loan debt serfdom , skyrocketing rents , junk fees , taxes , etc .
How Healthcare Is Dooming the U.S. Economy ( Three Charts ) ( May 2015 ) The truth is the cost of living is unaffordable but we can ’ t even acknowledge this obvious fact because even acknowledging it would threaten the entire house of cards .
So instead we play-act as if we believe the bogus “ inflation is dead ” narratives .
The top 5 % technocrat/managerial class have done @ @ @ @ @ @ @ run-up of destabilizing inequality , and since they run the narrative machines , we ’ re swamped with happy stories about the economy , all of which boil down to this absurd fantasy : since I ’ m doing so well , everyone else must be doing well , too .
Since the top 5 % own the lion ’ s share of the nation ’ s productive assets–stocks , bonds , business equity , investment real estate , etc.– the enormous asset bubbles have greatly boosted their wealth and income .
This @ @ @ @ @ @ @ debt or pay it off .
The bottom 95 % aren ’ t quite so well-placed to survive a decline in income .
Everyone who was barely keeping their head above water in making their debt payments is already in default or will soon be in default .
Since the banks and shadow-banking lenders have gorged on the profits skimmed by loaning huge sums to marginal borrowers , now that these marginal borrowers are defaulting en masse the banks and lenders are about to be crushed by one wave of catastrophic losses after @ @ @ @ @ @ @ .
Credit cards–the wave is rolling in as we speak .
Auto loans–looking like Waimea Bay on a big day .
Mortgages–better not to look .
Corporate debt has exploded to unprecedented levels , and this is what will break the financial system .
Zombie corporations are rushing to borrow billions of dollars ( thanks to the Federal Reserve ) but increasing their debt is only doing more of what created their fragility in the first place .
Being able to borrow more to service your old debts is not solvency , it @ @ @ @ @ @ @ .
We ’ re in the eye of the hurricane right now , as everyone holds their breath and hopes some sort of magic will make all the debt that has to be serviced every month vanish .
It ’ s worth recalling that every dollar of debt is someone else ’ s asset and the source of their income .
So when the defaults and bankruptcies sweep through the financial system , they ’ ll obliterate all the “ wealth ” of those holding bundled student and auto loan securities , mortgage @ @ @ @ @ @ @ destroy the income streams these trillions in debt generated .
All the linked fragilities and dependencies of our economy are like lines of dominoes : one default topples the entire line of dominoes of debt , leverage , derivatives , counterparty risk , credit default swaps and most devastating of all , any certainty that borrowers won ’ t default in the future .
If banks and lenders can ’ t lend with a high degree of certainty , lending dries up and profits collapse , along with the consumer spending that was @ @ @ @ @ @ @ high incomes and net worth , some consequential percentage of top 5 % households bringing in $ 300,000 a year are one layoff away from default : never mind their pristine 830 credit score ; that was last month .
Next month , next quarter , next year–all bets are off .
Once you allow your economy to become dependent on extremes of debt , leverage , inequality , legalized looting , monopoly , pay-to-play politics and speculative asset bubbles , a depression is inevitable .
The only question is “ when , @ @ @ @ @ @ @ , though nobody wants to hear it : 2020 and beyond .
It didn ’ t have to end this way .
If our leadership / Power Elites had acted to reduce all these painfully obvious speculative extremes , dependencies and fragilities and made even modest efforts to limit the exploitation of predatory parasites that generated unprecedented inequality and corruption over the past 12 years , the economy would have been much less brittle / fragile .
Unfortunately , the pandemic chart I composed on February 2 , 2020 is still playing out @ @ @ @ @ @ @ the price of systemic fragility and uncertainty ?
I fear it will be steeper than we ’ re prepared to pay .
Will You Be Richer or Poorer ?
: Profit , Power , and AI in a Traumatized World ( $ 13 ) ( Kindle $ 6.95 , print $ 11.95 ) Read the first section for free ( PDF ) .
Pathfinding our Destiny : Preventing the Final Fall of Our Democratic Republic ( $ 6.95 ( Kindle ) , $ 12 ( print ) , $ 13.08 ( audiobook ) @ @ @ @ @ @ @ ( PDF ) .
The Adventures of the Consulting Philosopher : The Disappearance of Drake $ 1.29 ( Kindle ) , $ 8.95 ( print ) ; read the first chapters for free ( PDF ) Money and Work Unchained $ 6.95 ( Kindle ) , $ 15 ( print ) Read the first section for free ( PDF ) .
If you found value in this content , please join me in seeking solutions by becoming a $ 1/month patron of my work via patreon.com .

Authored by Charles Hugh Smith via OfTwoMinds blog,
Once you allow your economy to become dependent on extremes of debt, leverage, inequality, legalized looting, monopoly, pay-to-play politics and speculative asset bubbles, a depression is inevitable.
The pandemic lockdown will be blamed for the Greater Depression, but the lockdown only toppled all the dominoes that were already lined up. The lockdown would have been survivable if the economy hadn’t been over-indebted, over-leveraged, burdened by insanely high costs, stripmined by greedy monopolies, dependent on stock market fraud, destabilized by extreme inequality, corrupted by political pay-to-play and addicted to speculation.
The apologists always blame depressions on central banks not printing money fast enough, while overlooking the real drivers: debt, high costs and dependence on speculative bubbles. As noted here many times, revenues and income can quickly slide lower, but debt must be serviced regardless of revenues and income.
Once debt payments dominate expenses, any wobble in revenues / income / cash flow triggers default.
Regarding unbearably high costs that only go higher, year after year: as noted here many times, Sickcare Will Bankrupt the Nation all by itself, never mind soaring higher education / student loan debt serfdom, skyrocketing rents, junk fees, taxes, etc.
U.S. Lifestyle + “Healthcare” = Bankruptcy (June 19, 2008)
How Healthcare Is Dooming the U.S. Economy (Three Charts) (May 2015)
The truth is the cost of living is unaffordable but we can’t even acknowledge this obvious fact because even acknowledging it would threaten the entire house of cards. So instead we play-act as if we believe the bogus “inflation is dead” narratives.
The top 5% technocrat/managerial class have done very well for themselves in the speculative run-up of destabilizing inequality, and since they run the narrative machines, we’re swamped with happy stories about the economy, all of which boil down to this absurd fantasy: since I’m doing so well, everyone else must be doing well, too.
Since the top 5% own the lion’s share of the nation’s productive assets–stocks, bonds, business equity, investment real estate, etc.– the enormous asset bubbles have greatly boosted their wealth and income. This has enabled the wealthy to service their debt or pay it off. The bottom 95% aren’t quite so well-placed to survive a decline in income.
Everyone who was barely keeping their head above water in making their debt payments is already in default or will soon be in default. Since the banks and shadow-banking lenders have gorged on the profits skimmed by loaning huge sums to marginal borrowers, now that these marginal borrowers are defaulting en masse the banks and lenders are about to be crushed by one wave of catastrophic losses after another.
Student loans–already in mass default. Credit cards–the wave is rolling in as we speak. Auto loans–looking like Waimea Bay on a big day. Mortgages–better not to look.
Corporate debt has exploded to unprecedented levels, and this is what will break the financial system. Zombie corporations are rushing to borrow billions of dollars (thanks to the Federal Reserve) but increasing their debt is only doing more of what created their fragility in the first place.
Being able to borrow more to service your old debts is not solvency, it’s merely the semblance of solvency. We’re in the eye of the hurricane right now, as everyone holds their breath and hopes some sort of magic will make all the debt that has to be serviced every month vanish.
It’s worth recalling that every dollar of debt is someone else’s asset and the source of their income. So when the defaults and bankruptcies sweep through the financial system, they’ll obliterate all the “wealth” of those holding bundled student and auto loan securities, mortgage backed securities, corporate bonds, and destroy the income streams these trillions in debt generated.
We are primarily funded by readers. Please subscribe and donate to support us!
All the linked fragilities and dependencies of our economy are like lines of dominoes: one default topples the entire line of dominoes of debt, leverage, derivatives, counterparty risk, credit default swaps and most devastating of all, any certainty that borrowers won’t default in the future.
If banks and lenders can’t lend with a high degree of certainty, lending dries up and profits collapse, along with the consumer spending that was enabled by the borrowing.
Despite their high incomes and net worth, some consequential percentage of top 5% households bringing in $300,000 a year are one layoff away from default: never mind their pristine 830 credit score; that was last month. Next month,next quarter, next year–all bets are off.
Once you allow your economy to become dependent on extremes of debt, leverage, inequality, legalized looting, monopoly, pay-to-play politics and speculative asset bubbles, a depression is inevitable. The only question is “when,” and that’s been answered, though nobody wants to hear it: 2020 and beyond.
It didn’t have to end this way. If our leadership / Power Elites had acted to reduce all these painfully obvious speculative extremes, dependencies and fragilities and made even modest efforts to limit the exploitation of predatory parasites that generated unprecedented inequality and corruption over the past 12 years, the economy would have been much less brittle / fragile.
Unfortunately, the pandemic chart I composed on February 2, 2020 is still playing out, increasing uncertainty.
What’s the price of systemic fragility and uncertainty? I fear it will be steeper than we’re prepared to pay.
* * *
My recent books:
Will You Be Richer or Poorer?: Profit, Power, and AI in a Traumatized World ($13)
(Kindle $6.95, print $11.95) Read the first section for free (PDF).
Pathfinding our Destiny: Preventing the Final Fall of Our Democratic Republic ($6.95 (Kindle), $12 (print), $13.08 ( audiobook): Read the first section for free (PDF).
The Adventures of the Consulting Philosopher: The Disappearance of Drake $1.29 (Kindle), $8.95 (print); read the first chapters for free (PDF)
Money and Work Unchained $6.95 (Kindle), $15 (print) Read the first section for free (PDF).
* * *
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investmentwatchblog--2020-06-26--This is wild. A basket of 90 internet stocks now trading at 160x earnings! We all know how this ends

A basket of 90 internet stocks now trading at 160x earnings !
We all know how this ends… .
pic.twitter.com/A8rTKpKzvs

This is wild.
A basket of 90 internet stocks now trading at 160x earnings!
We all know how this ends…. pic.twitter.com/A8rTKpKzvs
— Otavio (Tavi) Costa (@TaviCosta) June 26, 2020


investmentwatchblog--2020-06-27--Reasons for a Bear Market

Reasons for a Bear Market

Yes the markets can stay irrational longer than we can stay liquid .
Yes Orange Man will make Pape Powell ’ s printer work overtime .
Yes 19 % unemployment is technically better than 20 % .
But there are more logical reasons for why we will have another crash and the Bears will reign supreme .
• Second wave of Covid : Pretty self explanatory .
We see cases rising around the country , and Texas even delayed their opening .
Cruises are waiting to reopen , and even when they do , no one will be on them @ @ @ @ @ @ @ .
Hospitals are about to reach maximum capacity for the first time in around a month .
People say the nation won ’ t tolerate a second lockdown .
And while that may be true , when people see that death toll and infection rate rising , they ’ ll decide that getting their Big Macs might not be worth it .
• Third wave of Covid : I don ’ t think I have seen this anywhere , but is scientifically possible .
Covid-19 is a type of coronavirus , which is @ @ @ @ @ @ @ .
The common cold and the flu are prime examples .
Coronaviruses mutate .
All .
The .
Time .
In the winter , we could see a mutated version of Covid-19 ( Covid-20 ? )
, and then everything restarts all over again , especially since we probably won ’ t have a vaccine that doesn ’ t turn our brain into jello .
• Biden : With Orange Man not handling anything properly in the last month , and him losing in the polls , hair sniffing Biden actually has a @ @ @ @ @ @ @ ’ s sticking points was the market .
And in case you haven ’ t noticed , kangaroo dicks are in everyone ’ s ass .
• Cashing in : This rally has been historic .
And with fear rising everywhere , you would have to be dumb , stupid , or dumb ( huh ) , or a member of WSB to not cash out .
And when you see your portfolio up 50 % ( or in our cases , down 50 % ) , and then think about everything mentioned @ @ @ @ @ @ @ are bound to cash out .
I ’ m not a Bear or a Bull .
I ’ m part of logic and human psychology gang .
I ’ m excited to see what us autists can create together .
Disclaimer : This information is only for educational purposes .
Do not make any investment decisions based on the information in this article .
Do you own due diligence .

by ItisLastThursday
Yes the markets can stay irrational longer than we can stay liquid. Yes Orange Man will make Pape Powell’s printer work overtime. Yes 19% unemployment is technically better than 20%. But there are more logical reasons for why we will have another crash and the Bears will reign supreme.
We are primarily funded by readers. Please subscribe and donate to support us!
Second wave of Covid: Pretty self explanatory. We see cases rising around the country, and Texas even delayed their opening. Cruises are waiting to reopen, and even when they do, no one will be on them. Disney Land is delaying its reopening. Hospitals are about to reach maximum capacity for the first time in around a month. People say the nation won’t tolerate a second lockdown. And while that may be true, when people see that death toll and infection rate rising, they’ll decide that getting their Big Macs might not be worth it. Third wave of Covid: I don’t think I have seen this anywhere, but is scientifically possible. Covid-19 is a type of coronavirus, which is a family of viruses with certain features. The common cold and the flu are prime examples. Coronaviruses mutate. All. The. Time. In the winter, we could see a mutated version of Covid-19 (Covid-20?), and then everything restarts all over again, especially since we probably won’t have a vaccine that doesn’t turn our brain into jello. Biden: With Orange Man not handling anything properly in the last month, and him losing in the polls, hair sniffing Biden actually has a chance. One of the Orange Man’s sticking points was the market. And in case you haven’t noticed, kangaroo dicks are in everyone’s ass. Cashing in: This rally has been historic. And with fear rising everywhere, you would have to be dumb, stupid, or dumb (huh), or a member of WSB to not cash out. And when you see your portfolio up 50% (or in our cases, down 50%), and then think about everything mentioned above, the big funds and boomers are bound to cash out.
I’m not a Bear or a Bull. I’m part of logic and human psychology gang. I’m excited to see what us autists can create together.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.


investmentwatchblog--2020-06-27--Get ready for a wave of tech acquisitions

Conditions are ripe for a wave of tech mergers .
The big boys ’ ( MSFT , CRM , AMZN , AAPL , SPOT etc . )
share prices are at ATH , all have massive cash piles and access to uber cheap financing .
There is also some urgency required here as politicians are slowly starting to wake up to the fact that we are basically in a second gilded age .
Calls for scrutiny of big tech ’ s power are growing , mostly from the left .
We know Donnie gets mad at twitter when they flag @ @ @ @ @ @ @ couldn ’ t care less if AAPL buys some speaker company ( spoiler alert ) .
Another spoiler , the dems are winning in November .
SO , big tech has another 6ish months to add new growth businesses to their oligopolies .
Of course knowing this doesn ’ t mean shit unless you know who might get acquired .
And boooooy don ’ t I , but I have some guesses .
Positions here should be about 10-15 % out of the money , October expiration .
The former so that when @ @ @ @ @ @ @ % premium you are decently ITM .
Eager to hear other people ’ s ideas too !
SONOS ( SONO ) — Rumours AAPL is interested , shares been moving up lately on this PagerDuty ( PD ) — Cloud computing somethin ’ or other , important for businesses selling online .
Blackberry ( BB ) — That ’ s right , your favourite brick-breaker machine is now into car software security .
Buyout rumours been heating up again lately .
Disclaimer : This information is only for educational purposes .
Do not @ @ @ @ @ @ @ information in this article .
Do you own due diligence .

by hockey_bettor
Conditions are ripe for a wave of tech mergers. The big boys’ (MSFT, CRM, AMZN, AAPL, SPOT etc.) share prices are at ATH, all have massive cash piles and access to uber cheap financing .
There is also some urgency required here as politicians are slowly starting to wake up to the fact that we are basically in a second gilded age. Calls for scrutiny of big tech’s power are growing, mostly from the left. We know Donnie gets mad at twitter when they flag his tweets as horseshit, but he couldn’t care less if AAPL buys some speaker company (spoiler alert). Another spoiler, the dems are winning in November.
SO, big tech has another 6ish months to add new growth businesses to their oligopolies. Of course knowing this doesn’t mean shit unless you know who might get acquired. And boooooy don’t I, but I have some guesses. Positions here should be about 10-15 % out of the money, October expiration. The former so that when companies get bought out at a 30% premium you are decently ITM. Eager to hear other people’s ideas too!
We are primarily funded by readers. Please subscribe and donate to support us!
SONOS (SONO) — Rumours AAPL is interested, shares been moving up lately on this
PagerDuty (PD) — Cloud computing somethin’ or other, important for businesses selling online.
Blackberry (BB) — That’s right, your favourite brick-breaker machine is now into car software security. Buyout rumours been heating up again lately.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.


investmentwatchblog--2020-06-26--Why lockdown and protests both serve the agenda of divide and control.

David Icke explains how current events fit the Elites agenda .
Division , fear and chaos is promoted and encouraged @ @ @ @

David Icke explains how current events fit the Elites agenda. Division, fear and chaos is promoted and encouraged by the 1%
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investmentwatchblog--2020-06-26--Fundraising for BLM Handled by Group With Convicted Terrorist On Its Board

There ’ s enough evidence now to designate BLM as a domestic terrorist organization along with Antifa .
Black Lives Matter fundraising handled by group with convicted terrorist on its board by Jerry Dunleavy | June 25 , 2020 ( washingtonexaminer.com ) – The co-founder of Black Lives Matter names a convicted cop killer as one of her heroes , and the BLM national organization is fiscally sponsored through a leftist group whose board of directors includes a convicted terrorist .
Alicia Garza , one of three co-founders of the Black Lives Matter national organization , has repeatedly talked about @ @ @ @ @ @ @ terrorist Joanne Chesimard , also known as Assata Shakur , is one of her main inspirations .
Susan Rosenberg , a member of the board of directors for the left-wing Thousand Currents group , which handles the intake of donations made to Black Lives Matter , is a convicted terrorist who , among other things , was suspected of helping Shakur escape from prison .
Rosenberg , who was listed as the vice chairwoman of the board of directors for Thousand Currents until the webpage was pulled down this week , as first @ @ @ @ @ @ @ had been a member of the radical leftist revolutionary militant group known as the May 19th Communist Organization , affiliated with the Weather Underground terrorist group and other radicals .
She was convicted on weapons and explosives charges and sentenced to 58 years in prison , serving 16 years before being pardoned by President Bill Clinton in January 2001 .
Thousand Currents did not return a request for comment .
Black Lives Matter , which is not a 501 ( c ) ( 3 ) charitable group , uses an IRS-approved 501 ( @ @ @ @ @ @ @ Thousand Currents — as its fiscal sponsor , and so donations made on the Black Lives Matter website through the left-wing ActBlue donation platform go to Thousand Currents , which says it then distributes them to Black Lives Matter .
Black Lives Matter has gained a vast amount of national attention , and funding , since the death in Minneapolis police custody of George Floyd on Memorial Day .
Rosenberg was a radical in the 1960s and 1970s who landed on the FBI ’ s Most Wanted List for a number of suspected @ @ @ @ @ @ @ unloading from her car and into a New Jersey storage unit hundreds of pounds of dynamite along with weapons , including a sub-machine gun .
She was believed to have been part of future politically motivated bombing plots .
Rosenberg and her M19 associates were also charged with roles in bombings during the 1980s at the Capitol and the Navy War College , among other targets .
They were also tied to a 1981 Brink ’ s armored car robbery that killed a guard and two police officers… Here ’ s that evil @ @ @ @ @ @ @ for a domestic terrorist .

There’s enough evidence now to designate BLM as a domestic terrorist organization along with Antifa.
_____
Black Lives Matter fundraising handled by group with convicted terrorist on its board
by Jerry Dunleavy | June 25, 2020
(washingtonexaminer.com) – The co-founder of Black Lives Matter names a convicted cop killer as one of her heroes, and the BLM national organization is fiscally sponsored through a leftist group whose board of directors includes a convicted terrorist.
Alicia Garza, one of three co-founders of the Black Lives Matter national organization, has repeatedly talked about how convicted cop killer and wanted domestic terrorist Joanne Chesimard, also known as Assata Shakur, is one of her main inspirations. Susan Rosenberg, a member of the board of directors for the left-wing Thousand Currents group, which handles the intake of donations made to Black Lives Matter, is a convicted terrorist who, among other things, was suspected of helping Shakur escape from prison.
Rosenberg, who was listed as the vice chairwoman of the board of directors for Thousand Currents until the webpage was pulled down this week, as first reported by the Capital Research Center, had been a member of the radical leftist revolutionary militant group known as the May 19th Communist Organization, affiliated with the Weather Underground terrorist group and other radicals. She was convicted on weapons and explosives charges and sentenced to 58 years in prison, serving 16 years before being pardoned by President Bill Clinton in January 2001.
Thousand Currents did not return a request for comment.
Black Lives Matter, which is not a 501(c)(3) charitable group, uses an IRS-approved 501(c)(3) organization — Thousand Currents — as its fiscal sponsor, and so donations made on the Black Lives Matter website through the left-wing ActBlue donation platform go to Thousand Currents, which says it then distributes them to Black Lives Matter. Black Lives Matter has gained a vast amount of national attention, and funding, since the death in Minneapolis police custody of George Floyd on Memorial Day.
We are primarily funded by readers. Please subscribe and donate to support us!
Rosenberg was a radical in the 1960s and 1970s who landed on the FBI’s Most Wanted List for a number of suspected crimes and was nabbed in 1984 while unloading from her car and into a New Jersey storage unit hundreds of pounds of dynamite along with weapons, including a sub-machine gun. She was believed to have been part of future politically motivated bombing plots. Rosenberg and her M19 associates were also charged with roles in bombings during the 1980s at the Capitol and the Navy War College, among other targets. They were also tied to a 1981 Brink’s armored car robbery that killed a guard and two police officers…
READ MORE:
www.washingtonexaminer.com/news/black-lives-matter-fundraising-handled-by-group-with-convicted-terrorist-on-its-board
Here’s that evil bitch whining about how bad prison was for a domestic terrorist.
_____
An American Radical by Susan Rosenberg Author Interview
h/t Fist


investmentwatchblog--2020-06-26--Harley Bassman: The Long Slow Road to Inflation

MacroVoices Erik Townsend and Patrick Ceresna welcome Harley Bassman to the show to discuss everything from the recession outlook to @ @ @ @ @ to inflation , and what it means for fixed income markets & more .
• @ @ @ @ @ – was it the cause or catalyst ?
• Are we headed toward secular inflation @ @ @ @ @ ?

Macro Voices, Released on 6/26/20
MacroVoices Erik Townsend and Patrick Ceresna welcome Harley Bassman to the show to discuss everything from the recession outlook to the coming shift from deflation to inflation, and what it means for fixed income markets & more.
We are primarily funded by readers. Please subscribe and donate to support us!
Harley’s biography: www.convexitymaven.com/biography.html
Topics:
Impact of COVID19 on recession – was it the cause or catalyst?
Perspective on declining population and workforce
Possibility of risk parity unwind
Portfolio positioning in current market
Policy risk on spread trading
Are we headed toward secular inflation and what does that entail?
Inflation vs. bond market


investmentwatchblog--2020-06-26--China’s plan to Control the world and manipulate other contries to take over the world.

China is trying to colonize Africa like how Europeans did .
Since the Era of Yuan Dynasty China has kept @ @ @ @ @ control over other nations .
The less developed countries take China ’ s money because @ @ @ @ @ as development and come back to power only to make more money using corrupt ways @

China is trying to colonize Africa like how Europeans did. Since the Era of Yuan Dynasty China has kept making economic strategies to take control over other nations. The less developed countries take China’s money because the politicians can show this as development and come back to power only to make more money using corrupt ways.
We are primarily funded by readers. Please subscribe and donate to support us!
SR


investmentwatchblog--2020-06-26--Ben Swann: Pandemic Lockdown and Protests Push Gun Sales to All Time Highs

Pandemic Lockdown and Protests Push Gun Sales to All Time Highs but What Media Doesn ’ t Want to Talk @ @ @ @ @ The Majority of These Guns .

Pandemic Lockdown and Protests Push Gun Sales to All Time Highs but What Media Doesn’t Want to Talk About Is WHO Is Buying The Majority of These Guns.
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investmentwatchblog--2020-06-26--RUSH: They don’t like the country, folks. They don’t like it. The modern-day Democrat Party does not

RUSH: They don’t like the country, folks. They don’t like it. The modern-day Democrat Party does not look at what they’re doing as tearing anything down.

RUSH : We have a 16-year-old up first today from St .
Cloud , Minnesota .
Kabin .
Am I pronouncing your name right ?
RUSH : Welcome to the program .
Great to have you here .
Hello , sir .
CALLER : Hi , Rush .
Mega prayers to you from St .
Cloud .
RUSH : Thank you very much .
CALLER : My question for you is why are the Democrats so willing to destroy our country , and will this stop when Joe Biden… ?
If he were to win , would this stop ?
@ @ @ @ @ @ @ is such a great question .
It is asked of me — it has been asked of me — for practically entire time that I have been doing this program .
And the answer to this is really important .
You have to get the context of this answer right , ’ cause I want you to really understand what I ’ m saying .
‘ Cause I think a lot of people , Kabin… You ’ re 16 , and you don ’ t have the same historical context as somebody who @ @ @ @ @ @ @ 56 or 66 , their view of American politics is that the Republicans and Democrats are constantly at war , and it ’ s all politics , and at the end of every election they put it all aside and they come together , what have you , and we move on .
And then some years the Democrats win , and some years the Republicans win .
Your question indicates you know that ’ s not the set of circumstances applicable today .
You know it is much more serious than that @ @ @ @ @ @ @ short answer — is the Democrats do not look at what they ’ re doing as tearing up the country .
They look at it as fixing it .
The Democrats… Now , this is not true of Democrats of 30 years ago , Kabin .
RUSH : It ’ s not true of Democrats 20 years ago .
The Democrat Party today is not the Democrat Party of your dad and mom .
The Democrat Party today has finally been taken over by Marxist , left-wing radicals who despise capitalism and free @ @ @ @ @ @ @ with capitalism .
So to them the country , as it is , was founded as evil , was founded as unfair , was founded as racist and bigoted and homophobic .
So they look at what they ’ re doing as not destroying anything other than the people who built the country .
They are destroying what they think the American way of life was : White supremacy , white privilege .
They look at what they ’ re doing as tearing something down to fix it and start over so that @ @ @ @ @ @ @ of the country that they hate .
Does that make sense to you ?
RUSH : Okay , ’ cause it ’ s really true .
It ’ s key .
Nobody… Look , Kabin , hang on if you can .
If you can ’ t , I understand , but there ’ s more to this answer , but I simply am out of time now .
RUSH : I was gon na say , “ Nobody would willingly tear down and destroy something they like , even if that was @ @ @ @ @ @ @ want .
They wouldn ’ t. ” They don ’ t like the country , folks .
They don ’ t like it .
The modern-day Democrat Party does not look at what they ’ re doing as tearing anything down — and there ’ s more , so hang on .
RUSH : Kabin , our 16-year-old first caller from St .
Cloud is back — or still with us — and I told him if he wanted to hang on and respond , he could , because we ran out of @ @ @ @ @ @ @ make sure… This is a serious question you asked , and it ’ s a very good .
It makes total sense for anybody to want to know : Why would the Democrats be willing to destroy our country , their country ?
And my answer to you is that , in all honesty , that ’ s not how they view it .
They view it as finally getting a chance to fix it .
They think that it has to be torn apart in order to be rebuilt and that it @ @ @ @ @ @ @ ’ t think the U.S. can be fixed by amending the Constitution ’ cause they don ’ t like the Constitution .
They don ’ t like the fact that the Constitution limits government .
These people want a totalitarian state because they want to be able to have power over everybody else .
So I wanted to give you a chance to respond to it , maybe tell me you think I ’ m wrong or whatever your reaction is .
CALLER : No , I totally agree with you .
So @ @ @ @ @ @ @ is they ’ re not gon na stop until either the Republicans are running the government or it ’ s the way they want it ?
RUSH : They ’ re not gon na stop until they ’ re defeated — and , Kabin , here ’ s another thing .
Do you know that this Black Lives Matter and Occupy Wall Street… ?
Do you know who some of the mentors of this group are ?
Does the name Bill Ayers ring a bell to you ?
CALLER : Not really , @ @ @ @ @ @ @ part of the Weather Underground in the sixties — Students for a Democratic Society — that was roiling the country in the sixties , protesting the Democrat convention Chicago in 1968 .
They were blowing up federal buildings with bombs .
Bill Ayers is the guy who was instrumental in Obama getting into Illinois politics .
He and his wife/girlfriend , Bernadette Dohrn — Bernardine Dohrn , whatever — they are Jurassic Park anti-American leftist protesters .
They ’ re serving as mentors to this bunch .
RUSH : Another thing you need @ @ @ @ @ @ @ every six of these looters and rioters and protesters is African-American .
Most of these people are white .
RUSH : Most of them are white Millennial women , Kabin , ill-educated in college to hate their country .
They ’ re runnin ’ around feeling as guilty as they can be over what their white privilege and white supremacy has meant to poor African-Americans .
They ’ re running around feeling sorry for every minority , blaming themselves and trying to get in on all the action here to fix the country @ @ @ @ @ @ @ ’ ve never gone away .
The anti-Americanism is all here .
You have to be vigilant , and you have to be prepared to constantly defeat it at the ballot box .
It has to be defeated at the ballot box .
That ’ s where their efforts are focused .
They ’ re trying to distort the results of elections .
That ’ s what voting by mail and early voting is about .
They ’ re doing everything they can — opposing voter ID , everything they can — to @ @ @ @ @ @ @ ’ cause they can ’ t win them .
They ’ re literally… They truly are a minority .
They ’ re nowhere near a majority of thinking , a majority of bodies .
There ’ s a lot of Democrats that vote for ’ em strictly on the basis of party loyalty , not because they literally support what they ’ re doing .
A lot of people been made to hate the Republican Party through branding and marketing .
But… ( sigh ) You know , defeating them ?
I would @ @ @ @ @ @ @ sigh ) But it ’ s an ongoing battle .
Freedom is a very… It ’ s a really unique and precious thing .
We ’ re the only country ever founded on the premise that the freedom and liberty of the citizen is the primary objective of the government — protecting it and defending it .
That ’ s what ’ s exceptional about America .
Most people… Kabin , if you did a historical check , most human beings since the beginning of time , whenever it was… Most human beings @ @ @ @ @ @ @ kind of tyranny .
Most of them have lived in poverty .
Many of them lived in bondage , under tyrannical dictatorships .
The vast majority of people never even had the opportunity to escape whatever economic circumstances they were born into .
We are truly unique in I don ’ t know how many ways .
We are exceptional in I don ’ t know how many ways .
We ’ re not better people .
It ’ s just that the founding premise and basis on which this country was built @ @ @ @ @ @ @ excellence that lurks in every human being seeking to be the best he or she can be .
And that ’ s what happened .
That ’ s why the United States has become the world ’ s number one superpower .
It ’ s not some government that did it .
It ’ s not a dictator .
It ’ s not a single leader that made it happen .
It ’ s the American people just behaving as human beings will do when they are free , and this is considered @ @ @ @ @ @ @ want no part of this this .
They want no part of the difference in outcomes .
“ It ’ s not fair there should be billionaires .
It ’ s not fair there should be millionaires .
It ’ s not fair there should be people that win and other people that don ’ t win.
” They ’ re a convoluted , sick bunch of people .
RUSH : I realize there ’ s not much to be said after I gave you that answer , but you have a minute @ @ @ @ @ @ @ .
CALLER : No , you really cleared a lot of things up for me , and I really appreciate your time .
RUSH Be bold .
Do not be afraid .
Do not… ( sigh ) We ’ re not outnumbered .
Just made to look that way .
They have done a good job — the media , the left have done a good job — of making most people on our side think that we ’ re all alone .
I can ’ t tell you the number of people @ @ @ @ @ @ @ Hey , Rush , did you see this ?
Nobody… Nobody has seen this ” when they think they have a news story that nobody else has seen or anything of that genre .
You ’ re not alone .
You are not the minority .
You ’ re just made to feel that way .
I ’ m really glad that you called , Kabin , and I appreciate the opportunity here to have my own shot at your brain .
RUSH : Now , one more thing .
Somebody sent me @ @ @ @ @ @ @ night .
And the note accompanying said , “ Tucker ’ s on a roll here , totally correct .
This is what you ’ ve been saying for years .
It was good to hear this.
” And I said , oh , okay .
Well , what was it ?
So here is what I was sent .
Here is Tucker , portion of the transcript , not the whole thing .
=He said , “ We ’ ve spent an awful lot of time over the past few days trying @ @ @ @ @ @ @ s happening in our country .
At times it ’ s been depressing , but it seems important .
At this point it ’ s pretty clear that nothing is what we ’ re told it is .
These are not protests .
It ’ s not about George Floyd .
It ’ s not about systemic racism , whatever that is .
Because America is not a racist country .
You are not a bad person for living here .
These are definitely not protesters .
They ’ re not even rioters @ @ @ @ @ @ @ the Democratic Party .
They are working to overthrow our – ” I can see why somebody would send me this and say it sounds like me .
“ – working to overthrow our system of government .
They ’ re trying to put themselves in power .
That ’ s all obvious now .
It is genuinely sinister .
But in the process of saying that , we may have missed something else that ’ s also true as well as highly amusing .
These people are idiots , for real .
@ @ @ @ @ @ @ fire to Wendy ’ s and topple statues and scream at you on TV day after day are truly and utterly stupid.
” Well , I think I did — don ’ t misunderstand .
I do like this .
They are stupid .
They don ’ t know what they ’ re even tearing down .
This is the thing that bothers me here is that these people are being held up as experts simply ’ cause they ’ ve got a grievance against America .
They ’ re blithering idiots , @ @ @ @ @ @ @ , they haven ’ t the slightest idea .
They ’ ve just been educated to hate .
They have been educated on identity politics and race and gender and so forth .
They have been deprived , they ’ ve been deprived of even the pursuit of happiness .
They ’ re not interested in happiness .
Happiness has been wiped out of their personalities by however angry they have been made in all the classrooms that they ’ ve attended .
And all the classrooms they ’ ve attended have not @ @ @ @ @ @ @ They ’ re tearing down statues of people who have achieved great things , maybe things you didn ’ t agree with , but they were still part of American history .
And some of their tactics were considered , in military terms , brilliant .
And so they were singled out .
And they were achievers .
And here come this bunch of nobodies who don ’ t even know who these people were and don ’ t have the slightest care in the world , and they ’ re ripping it @ @ @ @ @ @ @ .
They ’ re literally nothing .
They haven ’ t achieved anything .
They haven ’ t accomplished anything .
All they do is tear down and destroy , which , by the way , anybody can do .
They are the militant arm of the Democrat Party just like the Ku Klux Klan was the military arm of the Democrat Party not all that long ago .

via rushlimbaugh:
RUSH: We have a 16-year-old up first today from St. Cloud, Minnesota. Kabin. Am I pronouncing your name right?
CALLER: Yes, sir.
RUSH: Welcome to the program. Great to have you here. Hello, sir.
CALLER: Hi, Rush. Mega prayers to you from St. Cloud.
RUSH: Thank you very much.
CALLER: My question for you is why are the Democrats so willing to destroy our country, and will this stop when Joe Biden…? If he were to win, would this stop?
RUSH: This is… Folks, this is such a great question. It is asked of me — it has been asked of me — for practically entire time that I have been doing this program. And the answer to this is really important. You have to get the context of this answer right, ’cause I want you to really understand what I’m saying. ‘Cause I think a lot of people, Kabin…
You’re 16, and you don’t have the same historical context as somebody who’s 56 or 66. Somebody 56 or 66, their view of American politics is that the Republicans and Democrats are constantly at war, and it’s all politics, and at the end of every election they put it all aside and they come together, what have you, and we move on. And then some years the Democrats win, and some years the Republicans win.
Your question indicates you know that’s not the set of circumstances applicable today. You know it is much more serious than that. And the short version — the short answer — is the Democrats do not look at what they’re doing as tearing up the country. They look at it as fixing it. The Democrats… Now, this is not true of Democrats of 30 years ago, Kabin.
CALLER: Okay.
RUSH: It’s not true of Democrats 20 years ago. The Democrat Party today is not the Democrat Party of your dad and mom. The Democrat Party today has finally been taken over by Marxist, left-wing radicals who despise capitalism and free economic markets and everything that goes along with capitalism. So to them the country, as it is, was founded as evil, was founded as unfair, was founded as racist and bigoted and homophobic.
So they look at what they’re doing as not destroying anything other than the people who built the country. They are destroying what they think the American way of life was: White supremacy, white privilege. They look at what they’re doing as tearing something down to fix it and start over so that they can get rid of the aspects of the country that they hate. Does that make sense to you?
CALLER: Yes, sir.
RUSH: Okay, ’cause it’s really true. It’s key. Nobody… Look, Kabin, hang on if you can. If you can’t, I understand, but there’s more to this answer, but I simply am out of time now.
BREAK TRANSCRIPT
RUSH: I was gonna say, “Nobody would willingly tear down and destroy something they like, even if that was the only way to get what they want. They wouldn’t.” They don’t like the country, folks. They don’t like it. The modern-day Democrat Party does not look at what they’re doing as tearing anything down — and there’s more, so hang on.
BREAK TRANSCRIPT
RUSH: Kabin, our 16-year-old first caller from St. Cloud is back — or still with us — and I told him if he wanted to hang on and respond, he could, because we ran out of time, and I just want to make sure… This is a serious question you asked, and it’s a very good. It makes total sense for anybody to want to know: Why would the Democrats be willing to destroy our country, their country?
And my answer to you is that, in all honesty, that’s not how they view it. They view it as finally getting a chance to fix it. They think that it has to be torn apart in order to be rebuilt and that it is irredeemable, Kabin. They don’t think the U.S. can be fixed by amending the Constitution ’cause they don’t like the Constitution.
They don’t like the fact that the Constitution limits government. These people want a totalitarian state because they want to be able to have power over everybody else. So I wanted to give you a chance to respond to it, maybe tell me you think I’m wrong or whatever your reaction is.
CALLER: No, I totally agree with you. So, basically what you’re saying is they’re not gonna stop until either the Republicans are running the government or it’s the way they want it?
RUSH: They’re not gonna stop until they’re defeated — and, Kabin, here’s another thing. Do you know that this Black Lives Matter and Occupy Wall Street…? Do you know who some of the mentors of this group are? Does the name Bill Ayers ring a bell to you?
CALLER: Not really, no.
RUSH: Bill Ayers was part of the Weather Underground in the sixties — Students for a Democratic Society — that was roiling the country in the sixties, protesting the Democrat convention Chicago in 1968. They were blowing up federal buildings with bombs. Bill Ayers is the guy who was instrumental in Obama getting into Illinois politics. He and his wife/girlfriend, Bernadette Dohrn — Bernardine Dohrn, whatever — they are Jurassic Park anti-American leftist protesters. They’re serving as mentors to this bunch.
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CALLER: Wow.
RUSH: Another thing you need to know: Only one out of every six of these looters and rioters and protesters is African-American. Most of these people are white.
CALLER: Wow.
RUSH: Most of them are white Millennial women, Kabin, ill-educated in college to hate their country. They’re runnin’ around feeling as guilty as they can be over what their white privilege and white supremacy has meant to poor African-Americans. They’re running around feeling sorry for every minority, blaming themselves and trying to get in on all the action here to fix the country. But my point is, they’ve never gone away. The anti-Americanism is all here.
You have to be vigilant, and you have to be prepared to constantly defeat it at the ballot box. It has to be defeated at the ballot box. That’s where their efforts are focused. They’re trying to distort the results of elections. That’s what voting by mail and early voting is about. They’re doing everything they can — opposing voter ID, everything they can — to thwart the veracity and honesty of elections ’cause they can’t win them.
They’re literally… They truly are a minority. They’re nowhere near a majority of thinking, a majority of bodies. There’s a lot of Democrats that vote for ’em strictly on the basis of party loyalty, not because they literally support what they’re doing. A lot of people been made to hate the Republican Party through branding and marketing.
But… (sigh) You know, defeating them? I would love for it to happen. (sigh) But it’s an ongoing battle. Freedom is a very… It’s a really unique and precious thing. We’re the only country ever founded on the premise that the freedom and liberty of the citizen is the primary objective of the government — protecting it and defending it. That’s what’s exceptional about America.
Most people… Kabin, if you did a historical check, most human beings since the beginning of time, whenever it was… Most human beings on this planet have lived in some kind of tyranny. Most of them have lived in poverty. Many of them lived in bondage, under tyrannical dictatorships. The vast majority of people never even had the opportunity to escape whatever economic circumstances they were born into.
We are truly unique in I don’t know how many ways. We are exceptional in I don’t know how many ways. We’re not better people. It’s just that the founding premise and basis on which this country was built was what unleashed the creativity and the excellence that lurks in every human being seeking to be the best he or she can be.
And that’s what happened. That’s why the United States has become the world’s number one superpower. It’s not some government that did it. It’s not a dictator. It’s not a single leader that made it happen. It’s the American people just behaving as human beings will do when they are free, and this is considered an obstacle to these people.
=They want no part of this this. They want no part of the difference in outcomes. “It’s not fair there should be billionaires. It’s not fair there should be millionaires. It’s not fair there should be people that win and other people that don’t win.” They’re a convoluted, sick bunch of people.
CALLER: (silence)
RUSH: I realize there’s not much to be said after I gave you that answer, but you have a minute here if you want to utilize it.
CALLER: No, you really cleared a lot of things up for me, and I really appreciate your time.
RUSH: Kabin, I’m glad you called.
CALLER: Good luck.
RUSH Be bold. Do not be afraid. Do not… (sigh) We’re not outnumbered. Just made to look that way. They have done a good job — the media, the left have done a good job — of making most people on our side think that we’re all alone. I can’t tell you the number of people I run into who say:
“Hey, Rush, did you see this? Nobody… Nobody has seen this” when they think they have a news story that nobody else has seen or anything of that genre. You’re not alone. You are not the minority. You’re just made to feel that way. I’m really glad that you called, Kabin, and I appreciate the opportunity here to have my own shot at your brain.
BREAK TRANSCRIPT
RUSH: Now, one more thing. Somebody sent me a transcript of Tucker Carlson on Wednesday night. And the note accompanying said, “Tucker’s on a roll here, totally correct. This is what you’ve been saying for years. It was good to hear this.” And I said, oh, okay. Well, what was it? So here is what I was sent. Here is Tucker, portion of the transcript, not the whole thing.
=He said, “We’ve spent an awful lot of time over the past few days trying to figure out and explain what’s happening in our country. At times it’s been depressing, but it seems important. At this point it’s pretty clear that nothing is what we’re told it is. These are not protests. It’s not about George Floyd. It’s not about systemic racism, whatever that is. Because America is not a racist country. You are not a bad person for living here. These are definitely not protesters. They’re not even rioters. They are the armed militia of the Democratic Party. They are working to overthrow our –” I can see why somebody would send me this and say it sounds like me.
“– working to overthrow our system of government. They’re trying to put themselves in power. That’s all obvious now. It is genuinely sinister. But in the process of saying that, we may have missed something else that’s also true as well as highly amusing. These people are idiots, for real. The angry children that you watch set fire to Wendy’s and topple statues and scream at you on TV day after day are truly and utterly stupid.”
Well, I think I did — don’t misunderstand. I do like this. They are stupid. They don’t know what they’re even tearing down. This is the thing that bothers me here is that these people are being held up as experts simply ’cause they’ve got a grievance against America. They’re blithering idiots, folks. They are so poorly educated, they haven’t the slightest idea. They’ve just been educated to hate. They have been educated on identity politics and race and gender and so forth. They have been deprived, they’ve been deprived of even the pursuit of happiness.
They’re not interested in happiness. Happiness has been wiped out of their personalities by however angry they have been made in all the classrooms that they’ve attended. And all the classrooms they’ve attended have not added up to them knowing anything. They’re tearing down statues of people who have achieved great things, maybe things you didn’t agree with, but they were still part of American history. And some of their tactics were considered, in military terms, brilliant.
And so they were singled out. And they were achievers. And here come this bunch of nobodies who don’t even know who these people were and don’t have the slightest care in the world, and they’re ripping it all down. They’re nothing. They’re literally nothing. They haven’t achieved anything. They haven’t accomplished anything. All they do is tear down and destroy, which, by the way, anybody can do. They are the militant arm of the Democrat Party just like the Ku Klux Klan was the military arm of the Democrat Party not all that long ago.


investmentwatchblog--2020-06-26--Clearly Not News: Chris Cuomo offers praise for his brother, the “Luv Guv”

Not objective but true , the facts tell the story.NY had & has its struggles but they 're doing way @ @ @ @ @ elsewhere & no way that happens without the Luv Guv dishing the real 24/7.He works @ @ @ @ @ 's better for it.And as a brother , I am proud .
pic.twitter.com/M1TrAtQwCo

by DCG
Grab a barf bag.
Not objective but true,the facts tell the story.NY had & has its struggles but they're doing way better than what we see elsewhere & no way that happens without the Luv Guv dishing the real 24/7.He works with relentless intensity & NY's better for it.And as a brother, I am proud. pic.twitter.com/M1TrAtQwCo
— Christopher C. Cuomo (@ChrisCuomo) June 25, 2020


investmentwatchblog--2020-06-26--9th Circuit Obtusely Rules Trump’s Using $2.5B From Pentagon for Border Wall is “Unlawful”

9th Circuit about to get slapped down again by the SCOTUS .
Court rules Trump using $ 2.5B from Pentagon for border wall ‘ unlawful ’ RYAN MORGAN | JUNE 26 , 2020 ( americanmilitarynews.com ) – The 9th U.S .
Circuit Court of Appeals ruled in a 2-1 decision Friday that President Donald Trump ’ s 2019 order to reprogram $ 2.5 billion in military funds for wall construction on the U.S.-Mexico border was unlawful .
Chief Judge Sidney R. Thomas wrote the ruling opinion , issued Friday in the case of Sierra Club v. Donald Trump .
In @ @ @ @ @ @ @ transfer of funds was not lawful because the wall did not constitute a sufficient military project , based on Section 8005 of the Department of Defense Appropriations Act of 2019 .
“ Section 8005 provides DoD with limited authority to transfer funds between different appropriations accounts , but it provides no such authority ‘ unless for higher priority items , based on unforeseen military requirements , ’ ” Thomas wrote .
“ .
.
.
We hold that Section 8005 did not authorize the transfer of funds at issue here because ‘ the @ @ @ @ @ @ @ requirement.
’ ” The majority opinion further argues the federal government lacked proof that wall construction could serve its stated purpose in blocking the flow of drugs across the southern border… 9th Cirtuit needs to be shut down for violation of sworn oath .
Each justice or judge of the United States shall take the following oath or affirmation before performing the duties of his office : “ I , ___ ___ , do solemnly swear ( or affirm ) that I will administer justice without respect to persons , and do equal @ @ @ @ @ @ @ rich , and that I will faithfully and impartially discharge and perform all the duties incumbent upon me as ___ under the Constitution and laws of the United States .
So help me God .
”

9th Circuit about to get slapped down again by the SCOTUS.
_____
Court rules Trump using $2.5B from Pentagon for border wall ‘unlawful’
RYAN MORGAN | JUNE 26, 2020
(americanmilitarynews.com) – The 9th U.S. Circuit Court of Appeals ruled in a 2-1 decision Friday that President Donald Trump’s 2019 order to reprogram $2.5 billion in military funds for wall construction on the U.S.-Mexico border was unlawful.
Chief Judge Sidney R. Thomas wrote the ruling opinion, issued Friday in the case of Sierra Club v. Donald Trump. In the opinion, Thomas ruled that the transfer of funds was not lawful because the wall did not constitute a sufficient military project, based on Section 8005 of the Department of Defense Appropriations Act of 2019.
“Section 8005 provides DoD with limited authority to transfer funds between different appropriations accounts, but
it provides no such authority ‘unless for higher priority items, based on unforeseen military requirements,’” Thomas wrote. “. . . We hold that Section 8005 did not authorize the transfer of funds at issue here because ‘the border wall was not an unforeseen military requirement.’”
The majority opinion further argues the federal government lacked proof that wall construction could serve its stated purpose in blocking the flow of drugs across the southern border…
READ MORE:
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americanmilitarynews.com/2020/06/court-rules-trump-using-2-5b-from-pentagon-for-border-wall-unlawful/
9th Cirtuit needs to be shut down for violation of sworn oath.
_____
Each justice or judge of the United States shall take the following oath or affirmation before performing the duties of his office: “I, ___ ___, do solemnly swear (or affirm) that I will administer justice without respect to persons, and do equal right to the poor and to the rich, and that I will faithfully and impartially discharge and perform all the duties incumbent upon me as ___ under the Constitution and laws of the United States. So help me God.”
(June 25, 1948, ch. 646, 62 Stat. 907; Pub. L. 101–650, title IV, § 404, Dec. 1, 1990, 104 Stat. 5124.)
www.law.cornell.edu/uscode/text/28/453
h/t Fist


investmentwatchblog--2020-06-26--Financial House of Cards Coming Down with Rob Kirby

Rob Kirby of Kirby Analytics joins the program… What ’ s going in the country is emblematic of what ’ @ @ @ @ @ financial world .
What ’ s being told to us doesn ’ t comport with @ @ @ @ @ in the world .
Rob believes there ’ s a shortage of gold and silver @ @ @ @ @ ’ t move .
But when you try to purchase PPE ( personal protective equipment @ @ @ @ @ disposable gowns has gone up from 50 cents to $ 50 .
And that ’ @ @ @ @ @ Rob believes that other shortages will become obvious shortly and believes there ’ s not @ @ @ @ @ about .
Buckle your seatbelt and get ready for the ride of your life .
@ @ @ @ @ the Audio

from Financial Survival Network
Rob Kirby of Kirby Analytics joins the program… What’s going in the country is emblematic of what’s going on in our financial world. What’s being told to us doesn’t comport with what’s going on in the world. Rob believes there’s a shortage of gold and silver and yet the prices don’t move. But when you try to purchase PPE (personal protective equipment). The price of disposable gowns has gone up from 50 cents to $50. And that’s just one example. Rob believes that other shortages will become obvious shortly and believes there’s not much that can be done about. Buckle your seatbelt and get ready for the ride of your life.
We are primarily funded by readers. Please subscribe and donate to support us!
Click Here to Listen to the Audio


investmentwatchblog--2020-06-26--A Can Too Big For The Fed And ECB To Kick

There are lies , damned lies , and economists .
Whether these economists work for the government or a bank , they spend all their time on the computer extrapolating current trends with minor adjustments .
If you want to understand the future , don ’ t spend your life preparing and constantly revising an Excel sheet with masses of economic data .
Collective human behaviour is extremely predictable .
But not by spreadsheet analysis but by studying history .
HISTORY IS A BETTER FORECASTER THAN ECONOMISTS There just is nothing new under the sun .
So why is there @ @ @ @ @ @ @ the world to make economic forecasts that are no better than a random job by a few chimps ?
Instead , give some lateral thinkers a few history books and let them study the rise and decline of the major empires in history .
That will tell them more about long term economic forecasts than any spreadsheet .
After a 50 year decline of the US economy and the dollar , we still hear about the V-shaped recovery being imminent .
On what planet do these people live who believe that a world @ @ @ @ @ @ @ social collapse is going to see a miraculous recovery out of the blue .
This is the problem with a system that is totally fake and dependant on constant flow of stimulus even though it has zero value .
Most people are fooled and believe it is for real .
ALL EMPIRES END WITH COLLAPSING CURRENCY AND SURGING DEBTS We are now in the final stages of the end game .
The end of the end could be extended affairs or they could be extremely quick .
Most declines of major cycles are @ @ @ @ @ @ @ half a century .
During that time the dollar is down 50 % against the DM/Euro and 78 % vs the Swiss franc .
And US debt has gone up 65x since 1971 from $ 400B to $ 26T .
A collapsing currency and surging debts are how all empires end .
But the end of the end has also been drawn out and started in 2006 with the Great Financial Crisis .
The financial system was on the verge of collapse in 2008 but was miraculously rescued with tens of trillions of @ @ @ @ @ @ @ Central banks have since then frenetically kept the party going by manufacturing worthless paper money .
The music should have stopped in 2008 but the participants are still dancing on the grave of a system that is about to succumb .
The degree of the coming disintegration of the world economy will only be known with certainty by future historians .
What is clear though is that we are seeing the end of a major cycle .
What we will experience next is not just the fall of one nation but of most @ @ @ @ @ @ @ developing countries .
Debt is a global problem that virtually every country is seriously affected by .
When the financial system crumbles so will world trade .
WHAT WILL HAPPEN NEXT ?
Asset Bubbles can only end in one of two ways : Either they Implode or they Explode The principal bubbles we are here talking about is the financial system , stock markets , bond markets , and property .
So in principle , we are looking at two options for this era to end .
The net result is always the @ @ @ @ @ @ @ the more violent and lead to a quicker massacre than the Implosion .
The risk of an Explosive end is very high .
That would most probably involve acute problems in the banking system leading to a major bank defaulting , say Deutsche Bank .
This would spread throughout the whole banking system like wildfire and obviously also affect the derivatives bubble of $ 1.5+ quadrillion .
It would happen so quickly that central banks wouldn ’ t be able to print money fast enough to stop it .
In any case , @ @ @ @ @ @ @ that point that any freshly printed money would have ZERO value and therefore ZERO effect .
An Explosive outcome of this 100-year bubble-era would clearly be cataclysmic for the world .
It would lead to a global deflationary depression of a magnitude never seen before .
It would also take life back to a level of devastation and deprivation that would be unimaginable today .
The only difference with an Implosive outcome is that it would take longer and therefore involve both hope and pain as desperate central banks create trillions and quadrillions @ @ @ @ @ @ @ temporarily keep the balloon inflated .
Even though this process would be more drawn out , it would also fail in the end .
First , there would be a brief period , maybe a couple of years , of hyperinflation before it would end in a deflationary collapse .
So these are the two options .
There is absolutely nothing that can stop it .
Well , we always have Deus ex Machina of course .
Yes , miracles can always happen and the world would certainly need one this time .
@ @ @ @ @ @ @ favour of these kinds of wonders .
WHAT WE KNOW • Coronavirus is a convenient excuse but not the cause of the current problems .
CV was a catalyst but the real crisis this time started in Aug-Sep 2019 with the Fed and ECB panicking .
• The real problem is excessive debt at all levels of the economy , sovereign , corporate , financial , and personal .
Governments and CBs have created the debt and are now desperately trying to remedy their mistake by doing more of the thing that created @ @ @ @ @ @ @ “ We can not solve our problems with the same thinking that we used when we created them ” .
• But CBs have no other tools .
Rates are already zero and making them negative means you would have to pay for lending money to a bankrupt borrower .
There are clearly more attractive investments which I will discuss later .
• Unemployment is currently in the 100s of millions globally .
Many people now earn more by not working and would be allergic to having to work for the money in @ @ @ @ @ @ @ percentage of the lost jobs will not come back in the world .
• Businesses , big and small , are failing .
1000s of companies are going under in all sectors .
Total losses will easily be in the $ trillions .
• Bad loans surging as companies and individuals can neither afford to pay interest or installments .
In the US , it is estimated that no payments have been made on over 100 million loans .
• Half of Americans consider selling their houses to survive financially .
Most Americans @ @ @ @ @ @ @ more than two weeks of spending .
• Global printing presses are working 24/7 to save the world from perdition .
Since CV started , the total fiscal and monetary stimulus so far is $ 18T .
• The $ 18T stimulus could easily double .
But “ just ” $ 18T is a massive 22.5 % of global GDP .
The above list of problems is just an example of the global pressures on states , companies , and individuals that either are bankrupt or will collapse under the weight of their @ @ @ @ @ @ @ .
WHAT THE EFFECTS WILL BE • As I have already discussed in this article , there is no solution to a global debt problem in a world that is collectively bankrupt .
• The $ 18T stimulus that has just been created is not real money .
It is monopoly money that might be useful if you play the Monopoly board game but it has zero value in the real world .
So throwing $ 18T of fake money at $ 275T global debt ( which can ’ t be repaid either @ @ @ @ @ @ @ few weeks .
It is certainly fooling retail stock investors who are being lured into the biggest suckers ’ rally in history .
They will soon have the shock of a lifetime .
• Virtually all asset markets will collapse , including stocks and property .
But the biggest devastation will be when bond and credit markets implode .
When that happens the $ 2quadrillion derivative market will go up in smoke too with devastating consequences for the world .
• Whether we finish with an explosion or implosion makes little difference to @ @ @ @ @ @ @ a hyperinflationary explosion first , which I believe is more likely .
But that would soon end in a depressionary and deflationary implosion .
This will take the world back at least 50 years in production and trade terms and thus also in the standard of living .
But before the decline stops , there will be massive financial and human suffering in the world , including social unrest and probably wars .
• I was with one of my grandsons yesterday who wanted to photograph a peregrine falcon ’ s nest .
@ @ @ @ @ @ @ ( 240mph ) to hit their prey which can be a pigeon for example .
The poor pigeon doesn ’ t know what has hit him when the world ’ s fastest animal comes diving from above at 390km/h .
If the economic bubble explodes as I have described above , the world will not know what has hit it either .
It will all happen so fast .
WHAT WE SHOULD DO Most people sadly can not plan for what is coming .
They don ’ t have any savings and might @ @ @ @ @ @ @ house or apartment .
For the ones with small savings , even if it is only a few hundred dollars , take it out of the bank and buy some silver or gold bars or coins .
One gramme of gold costs $ 60-70 .
One gramme of silver costs 70 cents and an ounce of silver costs $ 20 .
Many people can afford that and what today looks like small investments could save your life in a few years .
Just ask the Venezuelans .
For bigger investors , get out @ @ @ @ @ @ @ silver stocks , and get out of bonds and investment properties .
On your own home , pay down the mortgage if you can .
And obviously , buy as much physical gold and silver that you can afford and store it outside the banking system .
Gold and silver will work effectively as wealth protection both in inflation and deflation .
In a period of crisis , your best asset and support system is a close circle of friends and family .
This is what will keep you going physically , mentally @ @ @ @ @ @ @ market in stocks ended in February 2020 .
We have now entered a secular and devastating bear market .
The first leg down finished in mid-March and we are just finishing the suckers ’ rally that makes retail investors uber-optimistic .
The next leg down is imminent .
It will shock the world .
There could be a vicious catalyst .
The move up to $ 1,950 – $ 2,100 has started .
We could see an acceleration starting soon .
Once gold clears $ 2,000 much higher values are coming .
For @ @ @ @ @ @ @ , I hardly need to repeat that you mustn ’ t focus on the price of gold or silver measured in soon worthless paper currencies .
Just own physical precious metals for insurance and wealth preservation .
Measured in overvalued paper money , gold and silver are absurdly cheap .
Matterhorn Asset Management ’ s global client base strategically stores an important part of their wealth in Switzerland in physical gold and silver outside the banking system .
Matterhorn Asset Management is pleased to deliver a unique and exceptional service to our highly @ @ @ @ @ @ @ countries .
GoldSwitzerland.com Contact Us

by Egon von Greyerz of Gold Switzerland
There are lies, damned lies, and economists. Whether these economists work for the government or a bank, they spend all their time on the computer extrapolating current trends with minor adjustments.
If you want to understand the future, don’t spend your life preparing and constantly revising an Excel sheet with masses of economic data. Collective human behaviour is extremely predictable. But not by spreadsheet analysis but by studying history.
HISTORY IS A BETTER FORECASTER THAN ECONOMISTS
There just is nothing new under the sun. So why is there so much time and money wasted around the world to make economic forecasts that are no better than a random job by a few chimps?
Instead, give some lateral thinkers a few history books and let them study the rise and decline of the major empires in history. That will tell them more about long term economic forecasts than any spreadsheet.
After a 50 year decline of the US economy and the dollar, we still hear about the V-shaped recovery being imminent.
On what planet do these people live who believe that a world on the cusp of an economic and social collapse is going to see a miraculous recovery out of the blue.
This is the problem with a system that is totally fake and dependant on constant flow of stimulus even though it has zero value. Most people are fooled and believe it is for real.
ALL EMPIRES END WITH COLLAPSING CURRENCY AND SURGING DEBTS
We are now in the final stages of the end game. The end of the end could be extended affairs or they could be extremely quick. Most declines of major cycles are drawn out and this one has lasted half a century. During that time the dollar is down 50% against the DM/Euro and 78% vs the Swiss franc. And US debt has gone up 65x since 1971 from $400B to $26T. A collapsing currency and surging debts are how all empires end.
But the end of the end has also been drawn out and started in 2006 with the Great Financial Crisis. The financial system was on the verge of collapse in 2008 but was miraculously rescued with tens of trillions of dollars in printed money and guarantees.
Central banks have since then frenetically kept the party going by manufacturing worthless paper money. The music should have stopped in 2008 but the participants are still dancing on the grave of a system that is about to succumb.
The degree of the coming disintegration of the world economy will only be known with certainty by future historians. What is clear though is that we are seeing the end of a major cycle. What we will experience next is not just the fall of one nation but of most nations on earth, both advanced and developing countries. Debt is a global problem that virtually every country is seriously affected by. When the financial system crumbles so will world trade.
WHAT WILL HAPPEN NEXT?
Asset Bubbles can only end in one of two ways: Either they Implode or they Explode
The principal bubbles we are here talking about is the financial system, stock markets, bond markets, and property. So in principle, we are looking at two options for this era to end.
The net result is always the same although the Explosion finale will be the more violent and lead to a quicker massacre than the Implosion.
Explosion
The risk of an Explosive end is very high. That would most probably involve acute problems in the banking system leading to a major bank defaulting, say Deutsche Bank. This would spread throughout the whole banking system like wildfire and obviously also affect the derivatives bubble of $1.5+ quadrillion. It would happen so quickly that central banks wouldn’t be able to print money fast enough to stop it. In any case, the whole financial world would know at that point that any freshly printed money would have ZERO value and therefore ZERO effect.
An Explosive outcome of this 100-year bubble-era would clearly be cataclysmic for the world. It would lead to a global deflationary depression of a magnitude never seen before. It would also take life back to a level of devastation and deprivation that would be unimaginable today.
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Implosion
The only difference with an Implosive outcome is that it would take longer and therefore involve both hope and pain as desperate central banks create trillions and quadrillions of worthless dollars, euros etc to temporarily keep the balloon inflated.
Even though this process would be more drawn out, it would also fail in the end. First, there would be a brief period, maybe a couple of years, of hyperinflation before it would end in a deflationary collapse.
So these are the two options. There is absolutely nothing that can stop it. Well, we always have Deus ex Machina of course. Yes, miracles can always happen and the world would certainly need one this time. But sadly the odds are not in favour of these kinds of wonders.
WHAT WE KNOW
Coronavirus is a convenient excuse but not the cause of the current problems. CV was a catalyst but the real crisis this time started in Aug-Sep 2019 with the Fed and ECB panicking.
but not the cause of the current problems. CV was a catalyst but the real crisis this time started in Aug-Sep 2019 with the Fed and ECB panicking. The real problem is excessive debt at all levels of the economy, sovereign, corporate, financial, and personal. Governments and CBs have created the debt and are now desperately trying to remedy their mistake by doing more of the thing that created it all. As Einstein said, “We cannot solve our problems with the same thinking that we used when we created them”.
But CBs have no other tools . Rates are already zero and making them negative means you would have to pay for lending money to a bankrupt borrower. There are clearly more attractive investments which I will discuss later.
. Rates are already zero and making them negative means you would have to pay for lending money to a bankrupt borrower. There are clearly more attractive investments which I will discuss later. Unemployment is currently in the 100s of millions globally. Many people now earn more by not working and would be allergic to having to work for the money in the future. Also, a high percentage of the lost jobs will not come back in the world.
46 million Americans, almost 30% of the US workforce, have filed unemployment claims since CV started. ILO (International Labour Organisation) estimates that almost 50% of the world’s labour force, in particular in developing countries could lose their jobs.
Businesses, big and small, are failing. 1000s of companies are going under in all sectors. Total losses will easily be in the $trillions.
As an example, the whole travel industry is on the verge of a total collapse. Carnival the cruise business just announced a $4.4 billion loss and the sale of 6 major cruise ships. Airlines and hotels are either going under or losing fortunes. Global tourism is a $5T market and with indirect support businesses making a $9.2T contribution to global GDP. Just imagine, here is an industry that represents 11% of global GDP that is hemorrhaging and will not recover in this decade at least. Another example is the Swiss watch industry which is important to the country. It lost 81% of exports in April and 68% in May compared to 2019. Another sector which will never be the same.
Bad loans surging as companies and individuals can neither afford to pay interest or installments. In the US, it is estimated that no payments have been made on over 100 million loans.
as companies and individuals can neither afford to pay interest or installments. In the US, it is estimated that no payments have been made on over 100 million loans. Half of Americans consider selling their houses to survive financially. Most Americans don’t have savings to cover more than two weeks of spending.
to survive financially. Most Americans don’t have savings to cover more than two weeks of spending. Global printing presses are working 24/7 to save the world from perdition. Since CV started, the total fiscal and monetary stimulus so far is $18T .
to save the world from perdition. Since CV started, the . The $18T stimulus could easily double. But “just” $18T is a massive 22.5% of global GDP.
The 6 biggest money manufactures are:
US $6.5T, EU $3T, Japan $2.1T, China $1.2T, Italy $1.1T France $0.8T
The above list of problems is just an example of the global pressures on states, companies, and individuals that either are bankrupt or will collapse under the weight of their own debt in the next few years.
WHAT THE EFFECTS WILL BE
As I have already discussed in this article, there is no solution to a global debt problem in a world that is collectively bankrupt.
The $18T stimulus that has just been created is not real money. It is monopoly money that might be useful if you play the Monopoly board game but it has zero value in the real world. So throwing $18T of fake money at $275T global debt (which can’t be repaid either) might fool some people for a few weeks. It is certainly fooling retail stock investors who are being lured into the biggest suckers’ rally in history. They will soon have the shock of a lifetime.
Virtually all asset markets will collapse, including stocks and property. But the biggest devastation will be when bond and credit markets implode. When that happens the $2quadrillion derivative market will go up in smoke too with devastating consequences for the world.
Whether we finish with an explosion or implosion makes little difference to the end result. We could have a hyperinflationary explosion first, which I believe is more likely. But that would soon end in a depressionary and deflationary implosion. This will take the world back at least 50 years in production and trade terms and thus also in the standard of living. But before the decline stops, there will be massive financial and human suffering in the world, including social unrest and probably wars.
I was with one of my grandsons yesterday who wanted to photograph a peregrine falcon’s nest. These majestic birds can dive at 390km/h (240mph) to hit their prey which can be a pigeon for example. The poor pigeon doesn’t know what has hit him when the world’s fastest animal comes diving from above at 390km/h. If the economic bubble explodes as I have described above, the world will not know what has hit it either. It will all happen so fast.
WHAT WE SHOULD DO
Most people sadly cannot plan for what is coming. They don’t have any savings and might have problems affording to stay in their house or apartment.
For the ones with small savings, even if it is only a few hundred dollars, take it out of the bank and buy some silver or gold bars or coins. One gramme of gold costs $60-70. One gramme of silver costs 70 cents and an ounce of silver costs $20. Many people can afford that and what today looks like small investments could save your life in a few years. Just ask the Venezuelans.
For bigger investors, get out of stocks, except for gold and silver stocks, and get out of bonds and investment properties. On your own home, pay down the mortgage if you can.
And obviously, buy as much physical gold and silver that you can afford and store it outside the banking system.
Gold and silver will work effectively as wealth protection both in inflation and deflation.
In a period of crisis, your best asset and support system is a close circle of friends and family. This is what will keep you going physically, mentally, and morally.
MARKETS
Stocks
The secular bull market in stocks ended in February 2020. We have now entered a secular and devastating bear market. The first leg down finished in mid-March and we are just finishing the suckers’ rally that makes retail investors uber-optimistic. The next leg down is imminent. It will shock the world. There could be a vicious catalyst.
Gold & Silver
The move up to $1,950 – $2,100 has started. We could see an acceleration starting soon. Once gold clears $2,000 much higher values are coming.
For most people who know and follow me, I hardly need to repeat that you mustn’t focus on the price of gold or silver measured in soon worthless paper currencies. Just own physical precious metals for insurance and wealth preservation.
Measured in overvalued paper money, gold and silver are absurdly cheap.
Egon von Greyerz
Founder and Managing Partner
Matterhorn Asset Management
Zurich, Switzerland
Phone: +41 44 213 62 45
Matterhorn Asset Management’s global client base strategically stores an important part of their wealth in Switzerland in physical gold and silver outside the banking system. Matterhorn Asset Management is pleased to deliver a unique and exceptional service to our highly esteemed wealth preservation clientele in over 70 countries.
GoldSwitzerland.com
Contact Us


investmentwatchblog--2020-06-26--U.S. health insurance executive tells the truth about the Canadian health care

“ The U.S. profit-driven corporate model is failing .
I ’ ll regret slandering Canada ’ s system for the rest of my life.
” Coronavirus reveals difference between U.S. , Canadian health care , former insurance executive says .
“ You learn a lot about a health-care system when a global crisis hits ( and ) different nations have different results .
Canada ’ s single-payer system is saving lives , ” Wendell Potter said in a series of tweets Thursday .
Potter , a former communications vice-president with U.S. insurer Cigna who now leads an organization called Medicare @ @ @ @ @ @ @ companies have spent big on attempts to discredit the Canadian system .
“ It was a lie ( and ) the nations ’ COVID responses prove it , ” he wrote .
“ The truth : Canada ’ s doing much better than the U.S. when it comes to COVID-19 testing and treatment .
Cigna did not immediately respond to a request for comment on Thursday afternoon .
Nor did the industry group America ’ s Health Insurance Plans , which Potter accused of supplying insurance executives with “ cherry-picked data ( and @ @ @ @ @ @ @ that Canadians face unreasonable wait times .
In an interview , Potter said he wanted to draw attention to the reality north of the border , and “ what can happen when you have a system that is better organized ” than in the United States .
Research shows , that the U.S. spends far more on health care yet has the lowest life expectancy and highest infant mortality rates out of 11 high-income countries including Canada .
Potter worked as a journalist prior to switching to communications and started at Cigna in @ @ @ @ @ @ @ of conscience over his work — and “ vilifying the Canadian system ” — prompted Potter to leave the industry more than a decade ago .
“ I was very ashamed of what I was doing .
I became very ashamed , ” he said .

“The U.S. profit-driven corporate model is failing. I’ll regret slandering Canada’s system for the rest of my life.”
Coronavirus reveals difference between U.S., Canadian health care, former insurance executive says.
“You learn a lot about a health-care system when a global crisis hits (and) different nations have different results. Canada’s single-payer system is saving lives,” Wendell Potter said in a series of tweets Thursday.
Potter, a former communications vice-president with U.S. insurer Cigna who now leads an organization called Medicare for All Now!, said insurance companies have spent big on attempts to discredit the Canadian system.
“It was a lie (and) the nations’ COVID responses prove it,” he wrote. “The truth: Canada’s doing much better than the U.S. when it comes to COVID-19 testing and treatment.
Cigna did not immediately respond to a request for comment on Thursday afternoon. Nor did the industry group America’s Health Insurance Plans, which Potter accused of supplying insurance executives with “cherry-picked data (and) anecdotes” to encourage the perception that Canadians face unreasonable wait times.
In an interview, Potter said he wanted to draw attention to the reality north of the border, and “what can happen when you have a system that is better organized” than in the United States.
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Research shows, that the U.S. spends far more on health care yet has the lowest life expectancy and highest infant mortality rates out of 11 high-income countries including Canada.
Potter worked as a journalist prior to switching to communications and started at Cigna in 1993.
What he called a crisis of conscience over his work — and “vilifying the Canadian system” — prompted Potter to leave the industry more than a decade ago.
“I was very ashamed of what I was doing. I became very ashamed,” he said.
globalnews.ca/news/7107456/coronavirus-difference-us-canadian-health-care/
AC


investmentwatchblog--2020-06-26--Sarah Sanders: Bolton was ‘completely drunk on power’ in White House

Former White House press secretary Sarah Sanders has harsh words for former National Security Adviser John Bolton on his book @ @ @ @ @ Friends .
’

Former White House press secretary Sarah Sanders has harsh words for former National Security Adviser John Bolton on his book claims on ‘Fox & Friends.’
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investmentwatchblog--2020-06-26--The entire Democrat party need to be arrested. The law on the book is too lenient. They all need to

The entire Democrat party need to be arrested. The law on the book is too lenient. They all need to be jailed and charged with TREASON.

18 U.S. Code § 2385.Advocating overthrow of Government – Advocating overthrow of Government “ Whoever knowingly or willfully advocates , abets , advises , or teaches the duty , necessity , desirability , or propriety of overthrowing or destroying the government of the United States or the government of any State , Territory , District or Possession thereof , or the government of any political subdivision therein , by force or violence , or by the assassination of any officer of any such government ; or Whoever , with intent to cause the overthrow or destruction of any such government @ @ @ @ @ @ @ issues , circulates , sells , distributes , or publicly displays any written or printed matter advocating , advising , or teaching the duty , necessity , desirability , or propriety of overthrowing or destroying any government in the United States by force or violence , or attempts to do so ; or Whoever organizes or helps or attempts to organize any society , group , or assembly of persons who teach , advocate , or encourage the overthrow or destruction of any such government by force or violence ; or becomes or @ @ @ @ @ @ @ with , any such society , group , or assembly of persons , knowing the purposes thereof— Shall be fined under this title or imprisoned not more than twenty years , or both , and shall be ineligible for employment by the United States or any department or agency thereof , for the five years next following his conviction .
If two or more persons conspire to commit any offense named in this section , each shall be fined under this title or imprisoned not more than twenty years , or both , @ @ @ @ @ @ @ the United States or any department or agency thereof , for the five years next following his conviction .
As used in this section , the terms “ organizes ” and “ organize ” , with respect to any society , group , or assembly of persons , include the recruiting of new members , the forming of new units , and the regrouping or expansion of existing clubs , classes , and other units of such society , group , or assembly of persons .

18 U.S. Code § 2385.Advocating overthrow of Government – Advocating overthrow of Government
“Whoever knowingly or willfully advocates, abets, advises, or teaches the duty, necessity, desirability, or propriety of overthrowing or destroying the government of the United States or the government of any State, Territory, District or Possession thereof, or the government of any political subdivision therein, by force or violence, or by the assassination of any officer of any such government; or
Whoever, with intent to cause the overthrow or destruction of any such government, prints, publishes, edits, issues, circulates, sells, distributes, or publicly displays any written or printed matter advocating, advising, or teaching the duty, necessity, desirability, or propriety of overthrowing or destroying any government in the United States by force or violence, or attempts to do so; or
Whoever organizes or helps or attempts to organize any society, group, or assembly of persons who teach, advocate, or encourage the overthrow or destruction of any such government by force or violence; or becomes or is a member of, or affiliates with, any such society, group, or assembly of persons, knowing the purposes thereof—
Shall be fined under this title or imprisoned not more than twenty years, or both, and shall be ineligible for employment by the United States or any department or agency thereof, for the five years next following his conviction.
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If two or more persons conspire to commit any offense named in this section, each shall be fined under this title or imprisoned not more than twenty years, or both, and shall be ineligible for employment by the United States or any department or agency thereof, for the five years next following his conviction.
As used in this section, the terms “organizes” and “organize”, with respect to any society, group, or assembly of persons, include the recruiting of new members, the forming of new units, and the regrouping or expansion of existing clubs, classes, and other units of such society, group, or assembly of persons.
(June 25, 1948, ch. 645, 62 Stat. 808; July 24, 1956, ch. 678, § 2, 70 Stat. 623; Pub. L. 87–486, June 19, 1962, 76 Stat. 103; Pub. L. 103–322, title XXXIII, § 330016(1)(N), Sept. 13, 1994, 108 Stat. 2148.)”
www.law.cornell.edu/uscode/text/18/2385
h/t SouthSide


investmentwatchblog--2020-06-26--When Police Are Allowed To Do Their Jobs, Look What Happens

ANTIFA and BLM scatter like roaches .
I really love this video !
After all the crap we ’ ve @ @ @ @ @ video is really good .
These losers are not going to take over anything .
@ @ @ @ @ to be complete criminals .
NOT any more .

ANTIFA and BLM scatter like roaches. I really love this video!
Virginia police protect statue.🙂👍pic.twitter.com/p09zyS01aZ — Bubette Salam (@BubetteS) June 26, 2020
After all the crap we’ve seen over the past month…This video is really good.
These losers are not going to take over anything.
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Democrat states have allowed them to be complete criminals.
NOT any more.
h/t SouthSide


investmentwatchblog--2020-06-26--Trade War With China: Beware of The Hot War

The great Frederic Bastiat said that “ Trade barriers constitute isolation ; isolation gives rise to hatred , hatred to @ @ @ @ @ path that should be avoided .
If America is unattractive to entrepreneurs , and is @ @ @ @ @ is saddled with the biggest government on earth , perhaps the focus should be setting @ @ @ @ @ the bureaucracy .
For obvious reasons , American politicians do not want to decrease their @ @ @ @ @ rather point the finger outwards .

The great Frederic Bastiat said that “Trade barriers constitute isolation; isolation gives rise to hatred, hatred to war…” This is the path that should be avoided. If America is unattractive to entrepreneurs, and is falling behind competitively because it is saddled with the biggest government on earth, perhaps the focus should be setting the American entrepreneur free from the bureaucracy. For obvious reasons, American politicians do not want to decrease their power. They would much rather point the finger outwards.
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investmentwatchblog--2020-06-26--Another case of “adversary technology,” where your device turns out to actually be working for someo

Another case of “adversary technology,” where your device turns out to actually be working for someone else.

As I reported on June 23 , Apple has fixed a serious problem in iOS 14 , due in the fall , where apps can secretly access the clipboard on users ’ devices .
Once the new OS is released , users will be warned whenever an app reads the last thing copied to the clipboard .
As I warned earlier this year , this is more than a theoretical risk for users , with countless apps already caught abusing their privacy in this way .
Worryingly , one of the apps caught snooping by security researchers Talal Haj Bakry @ @ @ @ @ @ @ TikTok .
Given other security concerns raised about the app , as well as broader worries given its Chinese origins , this became a headline issue .
At the time , TikTok owner Bytedance told me the problem related to the use of an outdated Google advertising SDK that was being replaced .
Well , maybe not .
With the release of the new clipboard warning in the beta version of iOS 14 , now with developers , TikTok seems to have been caught abusing the clipboard in a quite extraordinary way .
@ @ @ @ @ @ @ t stop this invasive practice back in April as promised after all .

CHINA SYNDROME: Warning—Apple Suddenly Catches TikTok Secretly Spying On Millions Of iPhone Users.
As I reported on June 23, Apple has fixed a serious problem in iOS 14, due in the fall, where apps can secretly access the clipboard on users’ devices. Once the new OS is released, users will be warned whenever an app reads the last thing copied to the clipboard. As I warned earlier this year, this is more than a theoretical risk for users, with countless apps already caught abusing their privacy in this way.
Worryingly, one of the apps caught snooping by security researchers Talal Haj Bakry and Tommy Mysk was China’s TikTok. Given other security concerns raised about the app, as well as broader worries given its Chinese origins, this became a headline issue. At the time, TikTok owner Bytedance told me the problem related to the use of an outdated Google advertising SDK that was being replaced.
Well, maybe not. With the release of the new clipboard warning in the beta version of iOS 14, now with developers, TikTok seems to have been caught abusing the clipboard in a quite extraordinary way. So it seems that TikTok didn’t stop this invasive practice back in April as promised after all.
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…
…
h/t GR


investmentwatchblog--2020-06-26--THIS IS NOT THE FRENCH REVOLUTION; IT IS THE ACTING OUT OF SPOILED, IGNORANT AND UNGRATEFUL THUGS

We are not seeing a repeat of the French Revolution ; not at all , no matter how righteous this @ @ @ @ @ are .
We are seeing something similar to what characterized the 1960s , even as @ @ @ @ @ Rights laws against Democrat opposition .
Domestic terrorists were the order of the day then @ @ @ @ @ Tom Hayden and Bill Ayers and their pals riled up the college students of yore @ @ @ @ @ elected in a landslide .

via americanthinker
We are not seeing a repeat of the French Revolution; not at all, no matter how righteous this band of rioters think they are. We are seeing something similar to what characterized the 1960s, even as the Republicans passed the Civil Rights laws against Democrat opposition. Domestic terrorists were the order of the day then; rich white people like Tom Hayden and Bill Ayers and their pals riled up the college students of yore in 1968 and Nixon was elected in a landslide.


investmentwatchblog--2020-06-26--FOX: “Trump executive order directs feds to prioritize skills over college degrees in hiring”

“ We are modernizing federal hiring to find candidates with the relevant competencies and knowledge , rather than simply recruiting @ @ @ @ @ ” she told The Associated Press .
“ We encourage employers everywhere to take a @ @ @ @ @ and think critically about how initiatives like these can help diversify and strengthen their workforce @ @

Trump executive order directs feds to prioritize skills over
college degrees in hiring
“We are modernizing federal hiring to find candidates with
the relevant competencies and knowledge, rather than simply
recruiting based on degree requirements,” she told The
Associated Press.
We are primarily funded by readers. Please subscribe and donate to support us!
“We encourage employers everywhere to take a look at their
hiring practices and think critically about how initiatives
like these can help diversify and strengthen their
workforce.”
www.foxnews.com/politics/trump-executive-order-directs-feds-prioritize-skills-over-college-degrees