GOV/MIL Main "Great Reset" Thread
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marsh
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U.N. Chief Guterres Demands the World Reset to Forestall Climate Apocalypse
Nature is determined to destroy humanity through flood, famine, fire, and pestilence, U.N. Secretary-General Antonio Guterres declared.
www.breitbart.com
U.N. Chief Guterres Demands the World Reset to Forestall a Climate Apocalypse
5,355
SIMON KENT3 Dec 20202,179
Nature is determined to destroy humanity through flood, famine, fire, and pestilence, U.N. Secretary-General Antonio Guterres declared Wednesday, prophesizing the time has come for us to repent and mend our ways through a great climate and economic reset.
In an address at Columbia University in New York City, Guterres said the global climate has long been “reacting” to man-made changes, but emphasized there’s still time to prevent a total biodiversity collapse if we fall in behind the U.N. and its multiple agencies.
“Humanity is waging war on nature,” the Portugese socialist said. “This is suicidal. Nature always strikes back — and it is already doing so with growing force and fury.”
Guterres’ remarks begin a month of U.N.-led climate actions and came 10 days before its climate summit on Dec. 12, which is the fifth anniversary of the Paris Climate Accords.
View: https://twitter.com/i/status/1334211984838025226
1:08 min
He declared companies must adjust their business models for a green economy, and that means making carbon-free investments and follow the plans for recovery as laid out by the globalist organization.
“Biodiversity is collapsing. One million species are at risk of extinction.
Ecosystems are disappearing before our eyes. Deserts are spreading. Wetlands are being lost. Every year, we lose 10 million hectares of forests,” he said.
“Oceans are overfished — and choking with plastic waste. The carbon dioxide they absorb is acidifying the seas. Coral reefs are bleached and dying. Air and water pollution are killing nine million people annually — more than six times the current toll of the [coronavirus] pandemic.”
Guterres said instead of looking to a return to “normal,” the world should take advantage of the “pandemic reset” to create “a more equitable and just world.”
Here’s what Guterres demanded the nations of the world do:
- Put a price on carbon
- Phase out fossil fuel finance and end fossil fuel subsidies
- Shift the tax burden from income to carbon, and from tax payers to polluters
- Integrate the goal of carbon neutrality (a similar concept to net zero) into all economic and fiscal policies and decisions
- Help those around the world who are already facing the dire impacts of climate change
“This is a moment of truth for people and planet alike. COVID and climate have brought us to a threshold. We cannot go back to the old normal of inequality, injustice and heedless dominion over the Earth. Instead we must step towards a safer, more sustainable and equitable path.”
marsh
On TB every waking moment
and another thread ALERT - The Great Reset and Klaus Schwab
marsh
On TB every waking moment
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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Opposition Builds To Great Reset In Argentina, Who's Next?
Sun, 12/06/2020 - 16:35
Authored by Tom Luongo via Gold, Goats, 'n Guns blog, Gold
This is not news. But an historical reminder of what happens when the people get fed up with a corrupt government incapable of serving their interests.
Remember this?
The president of Argentina has left the building. According to the Daily Mail 20 years ago:
Fast forward to today:
This is the news: Police faced rioters with stones this week.
View: https://twitter.com/i/status/1334941966170284038
.45 min
This is what the face of real anger and desperation in the face of a government that is equal parts corrupt and inept looks like.
No one wants to see this kind of abuse of any other human being. It’s anathema to life itself. But everyone makes a choice. The police choose to put on their uniforms and riot shields to enforce immoral orders while the people make the choice to stand up to it.
It is the fundamental problem of rule through force that eventually leads to these regrettable outcomes. No one wants to see policemen, presumably decent men with the right motivations to maintain societal order, stoned in public.
But when people have had their ability to make their grievances heard peacefully taken away from them they will, eventually, make their grievances heard violently.
It’s who we are. It’s human nature.
And the lesson here is for all of these would-be tyrants currently laughing about winning a fraudulent election in the U.S. through changing the rules is that they will face this same moment as these cops did very soon.
Because elections are the opportunity for us to air our grievances with our government peacefully. And what so many in politics fail to understand, but what the people who voted for Donald Trump do, is that these past two elections haven’t been referenda on Hillary Clinton or Donald Trump.
They have been referenda on the whole political class and culture which has driven people to the edge of insanity, bankruptcy and despair.
So, laugh it up Stacey Abrams, Rahm Emmanuel, Barack Obama, Dan Crenshaw and Mitt Romney. Watch this video carefully. This is your future.
The same goes for Tony Blair, Emmanuel Macron, Bill Gates, Angela Merkel, George Soros and Benjamin Netanyahu.
You may scare people into taking your vaccine and issuing your medical passports but what happens on the day when the cops fail to show up to control the crowd for fear of being stoned?
The same people today screaming “my body, my choice” will line up for their COVID-19 vaccine if it means they can’t continue infecting the minds of students with Critical Race Theory.
Congratulations on turning everyone into a desperate, cognitivally-dissonant response monkey.
That stuff cuts both ways folks.
Obedience is not acquiescence. No one really loves Big Brother no matter how much you torture them. The longer you suppress the anger the worse it gets.
Until it explodes.
And people won’t be turning that anger on the idiots on the streets in Portland.
We’ve seen what it looks like when the would-be tyrants riot — the ideologically possessed race hustlers and commies in Antifa and BLM. We haven’t seen what it looks like when the conscientious ‘right’ who just want to live without abuse looks like.
Well, in fact we do. They vote twice, overwhelmingly for Donald Trump and throw British tea into Boston Harbor. They veto legislation designed to sell their people out to the Politburo in Brussels.
Italians will soon have to make their choice.
View: https://twitter.com/i/status/1334951366956118020
.20 min
This isn’t a breakdown of the civil order, this is the beginning of a restoration of civil order that is already gone. The idea that we the people control our elected officials governing us is rapidly being revealed as a lie.
And it leaves people with no other option than violence.
This is why, in my mind, the election fraud is the single issue that we have to come together on, Democrat, Republican and, yes, you too feckless and cowardly libertarians.
Because it’s not about the mechanics of voting. It’s not about its inherent immorality. At certain moments in time the value of your vote and what it represents rises above all of that.
It is still the least violent act one can take in conjunction with others to say, “No more. That’s enough.”
I didn’t vote for Trump because I thought he did a good job while in office. I voted for Trump twice because I wanted to stick my finger in the eye of the people who have materially made my life and the lives of millions of people around the world worse.
I voted for Trump to bitch slap Nancy Pelosi, laugh at Chuck Schumer and put James Comey in jail.
I voted for Trump to blow up the false dyad of Republican v. Democrat, out Lindsey Graham and rein in the military-surveillance state.
I didn’t vote for Trump for a tax cut, though it was a nice bonus. My price is a metric shit-ton higher than that you wretched trolls.
Trump stood up to them for four years and by doing so exposed them to such an extent I never thought possible. And now, he and all the people who voted for him are being laughed at by corrupt state legislators, judges, election officials and party hacks.
The normie Republicans think the Georgia run-off elections matter. Without an overhaul of the voting systems themselves what does it matter if two Democrats win or two RINOs do?
And do you really think the outcome of that run-off hasn’t already been determined?
It’s all a rigged game. And now that that has been fully exposed what comes next?
Because how many people in the U.S. are coming to the same conclusions as those people throwing rocks at cops in Argentina, that their government is terminal, its authority illegitimate and its edicts unworthy?
I’ve been long guillotines and rope-makers for the past eighteen months, I may have to double my position.
marsh
On TB every waking moment
8:39 min
Global elites are pushing for ‘stakeholder’ capitalism…here’s what that means.
•Dec 6, 2020
Glenn Beck
The far-left and global elites continue to push for the ‘Great Reset’ — a plan supported by the World Economic Forum as a way to recover from the COVID pandemic and to also combat additional crises, like climate change. Part of that plan includes a transition to stakeholder capitalism — but, what does that actually mean? Glenn discusses the idea with Justin Haskins, Editorial Director of the Heartland Institute. To see their full interview and Glenn’s full TV episode on the Great Reset, head to BlazeTV.com now.
marsh
On TB every waking moment
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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The "Great Reset" And Plans For A Global War On Savings
Wed, 12/09/2020 - 05:00
Authored by Daniel Lacalle via The Mises Institute,
Global debt is expected to soar to a record $277 trillion by the end of the year, according to the Institute of International Finance. Developed markets’ total debt—government, corporate, and households—jumped to 432 percent of GDP in the third quarter. Emerging market debt-to-GDP hit nearly 250 percent in the third quarter, with China reaching 335 percent, and for the year the ratio is expected to reach about 365 percent of global GDP. Most of this massive increase of $15 trillion in one year comes from government and corporates’ response to the pandemic. However, we must remember that the total debt figure had already reached record highs in 2019, before any pandemic and in a period of growth.
The main problem is that most of this debt is unproductive debt. Governments are using the unprecedented fiscal space to perpetuate bloated current spending, which generates no real economic return, so the likely outcome is that debt will continue to rise after the pandemic crisis is ended and that the level of growth and productivity achieved will not be enough to reduce the financial burden on public accounts.
In this context, the World Economic Forum has presented a roadmap for what has been called “the Great Reset.” It is a plan that aims to take the current opportunity to “to shape an economic recovery and the future direction of global relations, economies, and priorities.” According to the World Economic Forum, the world must also adapt to the current reality by “directing the market to fairer results, ensur[ing] investments are aimed at mutual progress including accelerating ecologically friendly investments, and [starting] a fourth industrial revolution, creating digital economic and public infrastructure.” These objectives are obviously shared by all of us, and the reality shows that the private sector is already implementing these ideas, as we see technology, renewable investments, and sustainability plans thriving all over the world.
We are witnessing in real time the proof that businesses adapt rapidly and provide better goods and services at affordable prices for everyone achieving a level of progress in environmental targets and welfare that would be unthinkable if governments were in charge.
This crisis shows that the world has escaped the risk of scarcity and hyperinflation thanks to a private sector that has surpassed all expectations in a seemingly unsurmountable crisis.
The overall message of the World Economic Forum sounds promising. Only three words spoil the entire positive message: “directing the market.”
The risk of governments taking these ideas to promote massive interventionism is not small.
The idea of the Great Reset has been quickly embraced by the most bureaucratic and government-intervened economies as a validation of rising government implication in the economy. However, this is incorrect.
The idea that governments will promote an economic system that reduces inflation, improves competition, and empowers citizens is more than farfetched. As such, the World Economic Forum cannot ignore the risk of government intervention within this idea of a Great Reset that does not need to be enforced, as it has already been in place for years.
Technology, competition, and open markets will do more for sustainability, social welfare, and the environment than government action, because even the best-intentioned governments will try to defend at any cost three things that go against the well-intentioned messages of the World Economic Forum: governments will continue to try to defend their national champions, rising inflation, and more control of the economy. Those three things work against the idea of a new world with better and more affordable goods and services for all, with better welfare, lower unemployment, and a thriving high-productivity private sector.
We should always be worried about well-intentioned ideas when the first ones to embrace them are those who are against freedom and competition.
There is an even darker part. Many interventionists have welcomed this proposal as an opportunity to wipe out the debt. It all sounds nice until we understand what it really entails. There is an enormous risk that governments will use the excuse of canceling part of their debt with a decision to cancel a large part of our savings. We must remember that this is not even a conspiracy theory. Most proponents of the modern monetary theory start their premise by stating that government deficits are matched by households and private sector savings, so there is no problem…Well, the only minor problem (note the irony) is matching one’s debt with another’s savings. If we understand the global monetary system, we will then understand that erasing trillions of government debt would also mean erasing trillions of citizens’ savings.
The idea of a more sustainable, cleaner, and social economic system is not new, and it does not need governments to impose it. It is happening as we speak thanks to competition and technology. Governments should not be allowed to reduce and limit citizens’ freedom, savings, and real wages even for a well-intentioned promise. The best way to ensure that governments or large corporations are not going to use this excuse to eliminate freedom and individual rights is by promoting free markets and more competition. Forward-thinking investments and welfare-enhancing ideas do not need to be nudged or imposed; consumers are already making companies all over the world implement increasingly higher sustainability and environmentally friendly policies. This market-oriented approach is more successful than letting the risk of interventionism and government meddling take hold, because once it happens it is almost impossible to undo.
If we want a more sustainable world, we need to defend sound money policies and less government intervention. Free markets, not governments, will make this world better for all.
The same massive government intervention that brought us here is not going to get us out of here.
marsh
On TB every waking moment
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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"You'll Own Nothing And You'll Be Happy..."
Wed, 12/09/2020 - 23:05
Authored by Jeff Thomas via InternationalMan.com,
Klaus Schwab was born in Nazi Germany in 1938. Little information is available as to his upbringing – i.e., the degree to which he was educated to believe in Nazi doctrine – but whatever he was taught in his youth, he is, today, one of the most ardent believers in, and proponents of, totalitarian rule.
The term “Nazi” refers to Nationalsozialistisch, or “National Socialism,” and its overall concept was fascism – a concept that encompassed a corporatist economic system, socialist political system and totalitarian rule.
Whilst this description may seem rather convoluted, the concept was believed by Wall Street and much of the US government in the 1930s as the way of the future. So much so that they provided considerable financial and logistical support for Nazi Germany during the 1930s and even into the 1940s.
Following the war, only a handful of Germans were prosecuted for war crimes at the Nuremburg trials. Countless others were taken on board by both US industry and the government following the war, to educate American industry in German methodology.
For many years following the war, Nazi concepts remained under the radar, but in recent years, they’ve become a major force within not only the US, but also US ally states: Canada, Australia, the UK and, most notably, the EU.
The basic concepts are perennial in their attraction to those who seek to dominate:
- Create an uber class of those who are highly positioned in both industry and politics.
- Cripple the middle class economically, so that they no longer have the power to make their own life decisions.
- Offer dramatically increased dependency on the State as a relief from the economic hardship created by the state.
- Remove freedoms, in trade for the promise of largesse from the State.
- Institute a police state and totalitarian rule to ensure that the new paradigm will be lasting.
- Once controls are fully implemented and the populace has become dependent on the new system, begin to remove the promised entitlements.
Of course, if any individual were to read the above menu, he would immediately say, “No way!” and reject the programme outright. Therefore, if such an oppressive regime were to be imposed upon a people, it would need to be sold to them as a benefit, not as virtual enslavement.
Adolf Hitler was proud of saying, “Make the lie big. Keep it simple. Keep saying it and eventually, they will believe it.”
Quite so. Fortunately, Mister Hitler and his friends were removed from the firmament before the final stages of the programme could be implemented.
But today, the jurisdictions listed above are now solidly in the completion stage of bullet point #2 and have begun to provide the offer of bullet point #3: the promised solution to the populace.
And so, we return to our poster boy for totalitarianism: Klaus Schwab.
His fame has been earned through his creation and chairmanship of the World Economic Forum (WEF). Over the last half century, the WEF has grown in influence to become one of the foremost leaders in the proposition of a New World Order.
As with Mister Hitler, in order to sell Totalitarianism 201 to the people of the countries in question, the technique once again is to “Make the lie big.”
Professor Schwab’s video offers an idyllic state in which people can rid themselves of all the personal debt, the political upheaval and the social unrest that is now expanding so rapidly.
The proposed solution is that you sign over your right to own possessions on a permanent basis, in trade for a life in which there is minimal responsibility.
The world government will provide you with a basic income. You will rent whatever you need – a residence, a vehicle, appliances, even your clothing.
Sounds wonderful. Where do I sign up?
But if we stop and think for a moment, we might wish to ask a few questions.
For one thing, you give up all rights at the beginning of the deal. You will have lost all your possessions and all your freedoms. You will be 100% dependent upon the state. Their part of the deal is to be delivered on the back end.
But once you’re totally dependent and can no longer extricate yourself from the deal, there’s nothing to stop them from removing the punch bowl… Oh-oh.
All the things that were promised may be withdrawn one at a time, until you’re both subservient and impoverished. You will lack the ability to rebel or even to complain.
For generations, political leaders have offered empty promises that were never kept. Conservative and liberal political leaders alike have consistently made a grand show of disagreeing with each other on what form of governance might serve the people best. Yet, somehow, the result, no matter which group theoretically holds the reins of power at any given time, has always been a larger, more powerful government and a populace that was increasingly robbed of its freedoms – social, political and economic.
We are now at the very turning point at which much of the former Free World is being tempted to make the leap into the “Brave New World.”
All the social, political and economic problems that presently exist have been caused by political leaders. They are now asking you to trust them to end those problems.
The promise is a simple one: You’ll own nothing. And you’ll be happy.
But you’re not required to sign up. All you need do is sit still and accept the transformation to totalitarianism as it plays out.
Nothing could be simpler.
marsh
On TB every waking moment
No, 'The Great Reset' Isn’t A Conspiracy Theory. It’s Happening Before Our Eyes
Focusing on women and celebrating what makes them so unique, Evie Magazine helps women seek truth and find beauty...the kind that really matters.
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No, 'The Great Reset' Isn’t A Conspiracy Theory. It’s Happening Before Our Eyes
BY S.G. CHEAH·Nov 16th 2020·
Is it just me, or does it seem like every Marxist's favorite pastime involves killing people in some form or another? Because it sure does seem like it. From Mao to Stalin to Pol Pot, the latest iteration of the Marxists’ ghoulish operation can be observed by the World Economic Forum's push for "The Great Reset."
Davos, Switzerland. Home to the World Economic Forum (WEF). Every year, the world’s ruling class gather around this secluded Swiss mountain retreat to help each other scheme and plan on how to further exert tyrannical control over the lives of free individuals. This year, they’re accomplishing this through their plan for “The Great Reset,” bolstered by the global pandemic.
Where the Ruling Class Gather To Scheme with Each Other
But don’t be fooled, just being massively rich isn’t enough to get you a seat at Davos. Attendance is by invitation only. You first have to be a member of the World Economic Forum, which will run you somewhere between $60,000 and $600,000. On top of that, you have to pay an additional fee of more than $27,000 per person to get into the conference.
At the conference, attendees are separated by their badge colors. Those who carry the white badges are granted access to all areas, including secret meeting sessions. Sessions open only to white badges are off-the-record, so the public will never know what goes on behind the doors of the discussion.
It’s easy to see how the secrecy of Davos could incite many conspiracy theories, but it’s really not that exciting. Davos is just another typical ploy often carried out by the ruling class’ obsession with running other people’s life. Think of it like the Congress for the Communist’s Third International, where attendance was exclusive only to card-carrying delegates, because that’s essentially what Davos is.
Delegates' Card at the 1935 Comintern's 7th Congress.
What Is “The Great Reset”?
According to an article on The Hill, “The Great Reset” is a plan “by the planet’s most powerful business leaders, government officials and activists [who] announced a proposal to ‘reset’ the global economy. Instead of traditional capitalism, the high-profile group said the world should adopt more socialistic policies, such as wealth taxes, additional regulations and massive Green New Deal-like government programs.”
And how does the global oligarchy intend to carry out “The Great Reset”? They’re seizing the global pandemic as the perfect opportunity to roll out this plan. While most of the ordinary citizenry are languishing in government-created poverty due to the mandatory shutdowns, the pompous Davos elites are busy exploiting the pandemic as an opportunity to push their Marxist agenda on everyone else.
World Economic Forum, Davos, and “The Great Reset”
We already know that politicians have been angling to deindustrialize the West in hopes of radically reducing our carbon footprint. Now, Justin Trudeau has admitted that is the plan. The Canadian Prime Minister addressed the public about employing the pandemic as "an opportunity for a reset," parroting Davos's plan for “The Great Reset.” If you took some time to watch the many conferences, you’d see how the masterminds behind “The Great Reset” are urging companies, businesses, and corporations to move away from shareholder capitalism to “state-holder capitalism.”
State-holder capitalism? That means the state holds all capital. So, basically, in other words — Communism. The ruling elite at Davos talk about how the “fourth industrial revolution” will usher in the new economy based on biometric surveillance, data collection, and constant health monitoring. Read this disturbing article on their website where they imagined a perfect world without property or privacy to get an idea of what they have in mind.
1:33 min
Davos wants to drastically change how we get our energy, how large our homes can be, how we can travel, and how much "stuff" we're allowed to have. And this brave new utopia is sold to the public by appealing to the public’s fear of catastrophic climate change. Loss of jobs and a massively shrinking of the economy matter little to those who are motivated by an irrational fear of climate change and climate disaster.
You’ll Own Nothing and You’ll Be Happy
Like all con men who plot to steal from their victims, the elites at Davos came up with a cunning way to persuade unsuspecting victims to give up their rights to private property. They ran a campaign to convince the public that life would be happier once they own nothing. Just like John Lennon’s ode to the Communist Manifesto “Imagine” encourages listeners to give up everything “so the world could live as one,” the Davos elites added that we should also give up our privacy.
The WEF has since taken down this tweet due to public backlash.
Honestly, if you really don't want to own anything, there's already a path to that and it’s called the monastic life. You’re free to follow that path. You can relinquish all of your worldly possessions and join a Buddhist or Catholic monastery if you think it would bring you happiness. Ironically, it’s the Communist countries like China that would stop you from doing so (like how China’s actively exterminating Tibetan Buddhism). Why? Because The State will not tolerate any competing religion. Total obedience to The State is expected in the Communist religion.
Communists Constantly Break Things That Work
Consider this, The Great Reset isn't even a fresh, new concept that some so-called genius at the WEF came up with on his own. It’s a concept that has been tried by many Communist-Socialist nations throughout modern history which has resulted in multiple failed experiments. The Socialist-Communist revolution often tears down a working society in their quest to “build back better.”
Take, for example, Mao's “The Great Leap Forward” whereby all traces of Chinese culture were wiped out in order to usher in a "better China," which ended up killing millions. That was China's Great Reset. Then consider the Bolshevik Revolution which was Russia's Great Reset. Centuries of European civilization were wiped out to usher in the new era of the Soviet Union, which also killed millions.
Closing Thoughts
One could easily apply the same concept of "The Great Reset" to just about any failed Communist-Socialist nation. In Venezuela, Cuba, Myanmar, the same bad script is repeatedly implemented with the same predictable outcome. It's like a player who is terrible at a video game making the same bad play over and over again. Except, in this case, the world leaders pushing for "The Great Reset" aren't playing a harmless virtual game. They're playing with people's lives.
not necessarily in that order
marsh
On TB every waking moment
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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NO PRIVACY, NO PROPERTY: THE WORLD IN 2030 ACCORDING TO THE WEF
SATURDAY, DEC 12, 2020 - 7:00
Authored by Anthony Mueller via The Mises Institute,
The World Economic Forum (WEF) was founded fifty years ago. It has gained more and more prominence over the decades and has become one of the leading platforms of futuristic thinking and planning. As a meeting place of the global elite, the WEF brings together the leaders in business and politics along with a few selected intellectuals. The main thrust of the forum is global control. Free markets and individual choice do not stand as the top values, but state interventionism and collectivism.
Individual liberty and private property are to disappear from this planet by 2030 according to the projections and scenarios coming from the World Economic Forum.
Eight Predictions
Individual liberty is at risk again. What may lie ahead was projected in November 2016 when the WEF published “8 Predictions for the World in 2030.” According to the WEF’s scenario, the world will become quite a different place from now because how people work and live will undergo a profound change. The scenario for the world in 2030 is more than just a forecast. It is a plan whose implementation has accelerated drastically since with the announcement of a pandemic and the consequent lockdowns.
According to the projections of the WEF’s “Global Future Councils,” private property and privacy will be abolished during the next decade. The coming expropriation would go further than even the communist demand to abolish the property of production goods but leave space for private possessions. The WEF projection says that consumer goods, too, would be no longer private property.
If the WEF projection should come true, people would have to rent and borrow their necessities from the state, which would be the sole proprietor of all goods. The supply of goods would be rationed in line with a social credit points system. Shopping in the traditional sense would disappear along with the private purchases of goods. Every personal move would be tracked electronically, and all production would be subject to the requirements of clean energy and a sustainable environment.
In order to attain “sustainable agriculture,” the food supply will be mainly vegetarian. In the new totalitarian service economy, the government will provide basic accommodation, food, and transport, while the rest must be lent from the state. The use of natural resources will be brought down to its minimum. In cooperation with the few key countries, a global agency would set the price of CO2 emissions at an extremely high level to disincentivize its use.
In a promotional video, the World Economic Forum summarizes the eight predictions in the following statements:
- People will own nothing. Goods are either free of charge or must be lent from the state.
- The United States will no longer be the leading superpower, but a handful of countries will dominate.
- Organs will not be transplanted but printed.
- Meat consumption will be minimized.
- Massive displacement of people will take place with billions of refugees.
- To limit the emission of carbon dioxide, a global price will be set at an exorbitant level.
- People can prepare to go to Mars and start a journey to find alien life.
- Western values will be tested to the breaking point..
In a publication for the World Economic Forum, the Danish ecoactivist Ida Auken, who had served as her country’s minister of the environment from 2011 to 2014 and still is a member of the Danish Parliament (the Folketing), has elaborated a scenario of a world without privacy or property. In “Welcome to 2030,” she envisions a world where “I own nothing, have no privacy, and life has never been better.” By 2030, so says her scenario, shopping and owning have become obsolete, because everything that once was a product is now a service.
In this idyllic new world of hers, people have free access to transportation, accommodation, food, “and all the things we need in our daily lives.” As these things will become free of charge, “it ended up not making sense for us to own much.” There would be no private ownership in houses nor would anyone pay rent, “because someone else is using our free space whenever we do not need it.” A person’s living room, for example, will be used for business meetings when one is absent. Concerns like “lifestyle diseases, climate change, the refugee crisis, environmental degradation, completely congested cities, water pollution, air pollution, social unrest and unemployment” are things of the past. The author predicts that people will be happy to enjoy such a good life that is so much better “than the path we were on, where it became so clear that we could not continue with the same model of growth.”
Ecological Paradise
In her 2019 contribution to the Annual Meeting of the Global Future Councils of the World Economic Forum, Ida Auken foretells how the world may look in the future “if we win the war on climate change.” By 2030, when CO2 emissions will be greatly reduced, people will live in a world where meat on the dinner plate “will be a rare sight” while water and the air will be much cleaner than today.
Because of the shift from buying goods to using services, the need to have money will vanish, because people will spend less and less on goods. Work time will shrink and leisure time will grow.
For the future, Auken envisions a city where electric cars have substituted conventional combustion vehicles. Most of the roads and parking spaces will have become green parks and walking zones for pedestrians. By 2030, agriculture will offer mainly plant-based alternatives to the food supply instead of meat and dairy products. The use of land to produce animal feed will greatly diminish and nature will be spreading across the globe again.
Fabricating Social Consent
How can people be brought to accept such a system? The bait to entice the masses is the assurances of comprehensive healthcare and a guaranteed basic income. The promoters of the Great Reset promise a world without diseases. Due to biotechnologically produced organs and individualized genetics-based medical treatments, a drastically increased life expectancy and even immortality are said to be possible. Artificial intelligence will eradicate death and eliminate disease and mortality. The race is on among biotechnological companies to find the key to eternal life.
Along with the promise of turning any ordinary person into a godlike superman, the promise of a “universal basic income” is highly attractive, particularly to those who will no longer find a job in the new digital economy. Obtaining a basic income without having to go through the treadmill and disgrace of applying for social assistance is used as a bait to get the support of the poor.
To make it economically viable, the guarantee of a basic income would require the leveling of wage differences. The technical procedures of the money transfer from the state will be used to promote the cashless society. With the digitization of all monetary transactions, each individual purchase will be registered. As a consequence, the governmental authorities would have unrestricted access to supervise in detail how individual persons spend their money. A universal basic income in a cashless society would provide the conditions to impose a social credit system and deliver the mechanism to sanction undesirable behavior and identify the superfluous and unwanted.
Who Will Be the Rulers?
The World Economic Forum is silent about the question of who will rule in this new world.
There is no reason to expect that the new power holders would be benevolent.
Yet even if the top decision-makers of the new world government were not mean but just technocrats, what reason would an administrative technocracy have to go on with the undesirables? What sense does it make for a technocratic elite to turn the common man into a superman? Why share the benefits of artificial intelligence with the masses and not keep the wealth for the chosen few?
Not being swayed away by the utopian promises, a sober assessment of the plans must come to the conclusion that in this new world, there would be no place for the average person and that they would be put away along with the “unemployable,” “feeble minded,” and “ill bred.” Behind the preaching of the progressive gospel of social justice by the promoters of the Great Reset and the establishment of a new world order lurks the sinister project of eugenics, which as a technique is now called “genetic engineering” and as a movement is named “transhumanism,” a term coined by Julian Huxley, the first director of the UNESCO.
The promoters of the project keep silent about who will be the rulers in this new world. The dystopian and collectivist nature of these projections and plans is the result of the rejection of free capitalism. Establishing a better world through a dictatorship is a contradiction in terms. Not less but more economic prosperity is the answer to the current problems. Therefore, we need more free markets and less state planning. The world is getting greener and a fall in the growth rate of the world population is already underway. These trends are the natural consequence of wealth creation through free markets.
Conclusion
The World Economic Forum and its related institutions in combination with a handful of governments and a few high-tech companies want to lead the world into a new era without property or privacy. Values like individualism, liberty, and the pursuit of happiness are at stake, to be repudiated in favor of collectivism and the imposition of a “common good” that is defined by the self-proclaimed elite of technocrats. What is sold to the public as the promise of equality and ecological sustainability is in fact a brutal assault on human dignity and liberty.
Instead of using the new technologies as an instrument of betterment, the Great Reset seeks to use the technological possibilities as a tool of enslavement. In this new world order, the state is the single owner of everything. It is left to our imagination to figure out who will program the algorithms that manage the distribution of the goods and services.
marsh
On TB every waking moment
marsh
On TB every waking moment
Biden admin looks like one more try at liberal technocratic government
Technocracy, climate cultism & dumb wars Are you ready for the Great Reset? It’s the Great Leap Forward of 21st-century technocracy. It’s time, we are told by the likes of Davos guru Klaus Schw…
nypost.com
Biden admin looks like one more try at liberal technocratic government
By Dominic Green
December 2, 2020 | 8:12pm | Updated
Joe Biden's Secretary of the Treasury nominee Janet Yellen.Getty Images
Technocracy, climate cultism & dumb wars
Are you ready for the Great Reset? It’s the Great Leap Forward of 21st-century technocracy. It’s time, we are told by the likes of Davos guru Klaus Schwab, to reboot our passé, 18th-century ideas about rights, democracy and constitutions — and surrender to the smooth rule of the experts and the climate cultists, not forgetting, of course, their financial advisers.
The reality, however, is less Great Reset than Great Preset. What elites who talk this way really want is to turn the clock back to circa 2014, before Donald Trump’s ascent, before Brexit, before populists swept to power across the West on a wave of discontent with the liberal-technocratic order.
Look at who Joe Biden, the great hope of resetters, wants to drive the economic recovery. Janet Yellen, who was President Barack Obama’s choice at the Federal Reserve, for Treasury. Neera Tanden, the corporatist Clinton sidekick, for the Office of Management and Budget. Adewale Adeyemo, president of the Obama Foundation, as Yellen’s deputy.
It’s Obama Time all over again in defense and diplomacy too. Antony Blinken, Obama’s deputy national-security adviser, is Biden’s nominee for secretary of state. Michèle Flournoy, who managed Obama’s failed counterinsurgency strategy in Afghanistan and advocated for the disastrous demolition of Libya, is Biden’s likely nominee for defense secretary.
Failure falls upward as well as backward. The Great Reset is a fantasy that our operating systems can be reset to the Obama 2.0 program from 2016, if not the original, notoriously flawed Obama 1.0 from 2008.
But even Joe Biden must know that when you reset a device, you return it to its original settings. In this case, the original settings are those of technocratic liberalism.
Technocratic liberalism was the default American system since the New Deal and the default system of Western Europe during the Cold War. It remains the established and preferred system in the Western bureaucracies. Democrats revere it, and it is the substitute religion of the European Union. It unites moderates, centrists and freeloaders of all parties in a shared suspicion of the voters.
The vulgar fly in this elitist ointment is that the voters don’t like it. The British rejected it in the Brexit referendum of 2016. American voters rejected it that year when they elected Donald Trump. And the blue ripple of the 2020 elections, with its heavy red undertow in the House, shows that the voters still don’t trust it.
Biden wants to take us back to the future, to before the financial crash and Obama’s feeble recovery. Before the Obama administration let off Wall Street scot-free, left the poorest to drown with their underwater mortgages and lumbered small businesses with ObamaCare. Before, above all, the election of Trump as the unacceptable face of “hope and change.”
The failed personnel of the Obama years are crawling out of their hiding places in the Swamp. The failed ideas of the Obama years are being reheated by the Blob and hyped by the same propagandist media who sold us Russia “collusion.” Even John Kerry is back, as our ambassador to the climate: an old man shouting at the clouds.
But there can be no going back. And who wants to go back there anyway?
We already know how this Great Preset will go. A low-growth, high-regulation economy couldn’t deliver the recovery that Americans needed after 2008. It’s going to fail worse after the COVID-19 crash. A foreign policy of dumb regime-change wars failed last time around. With China and Iran on the rise and Biden boasting that we’re “back in the game,” the belligerence, bombing and bumbling are back. Followed, inevitably, by the body bags containing young Americans who fatally forgot to attend Ivy League colleges.
We also already know how this Great Preset will end. Most Americans have no intention of allowing the lunatics to take over the asylum. They refuse to outsource their morals to the UN. They see “amnesty” for illegal immigrants as a vote-buying scam. They resent the cranks and commissars of the Democrats’ loony left: the speech police, the BLM hustlers, the gender-reassignment cranks, the fluffy-lipped Stalinists.
The result of the Great Preset won’t be the Obama 3.0 that Biden, Harris and, by the looks of it, Obama himself have in mind. In 2010, the voters responded to Obama’s first two years by flipping the House to the Republicans. They will do the same in 2022.
marsh
On TB every waking moment
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
"Great Reset" - 61% Of Nations Have Decimated Liberty With COVID Restrictions
BY TYLER DURDEN
WEDNESDAY, DEC 16, 2020 - 16:20
Authored by Steve Watson via Summit News,
An international human rights group has warned that the majority of nations across the globe have implemented COVID related restrictions that have severely eroded the liberties of their citizens.
The International Institute for Democracy and Electoral Assistance (IDEA), based in Sweden, reports that 61 per cent of countries have used restrictions “that were concerning from a democracy and human rights perspective.”
Even more concerning was the finding that almost half of all Democratic countries implemented measures that violate basic human rights:By October 2020, 99 out of 162 countries in the had implemented measures to contain #COVID19 that present concerns from a #Democracy & #HumanRights perspective. For more findings, look out for @Int_IDEA's #GlobalStateofDemocracy in Focus out on Wednesday 9 December
pic.twitter.com/juzrZZk8zX
— International IDEA (@Int_IDEA) December 8, 2020
The group has warned that most at risk from the restrictions is freedom of expression:Our latest report on the #GlobalStateofDemocracy shows worrying trends. #DefendDemocracyTaking Stock of Global Democratic Trends Before and During the COVID-19 Pandemic | International IDEA
— International IDEA (@Int_IDEA) December 9, 2020
IDEA also noted that half of all countries have used COVID to implement restrictions in the name of preventing “disinformation” about the virus:
— International IDEA (@Int_IDEA) December 8, 2020
The group also warned that almost 60% of nations have implemented states of emergency, severely restricting freedom of movement, many of which are still in place:Since the start of the #pandemic, half of countries in the have passed laws or taken actions to restrict #FreedomOfSpeech with the pretext of fighting disinformation on #COVID19
— International IDEA (@Int_IDEA) December 10, 2020
IDEA is not alone in it’s warning of the decimation of freedom.Did you know that since March 2020, 59% of countries have declared a national #StateofEmergency to combat #COVID19? The countries with the longest periods of emergency measures are:
Philippines
Italy
Argentina
Sierra Leone
The #GlobalStateofDemocracy is out TOMORROW
— International IDEA (@Int_IDEA) December 8, 2020
UN rights chief Michelle Bachelet has warned that”there have also been deeply worrying cases where governments appear to be using Covid-19 as a cover for human rights violations.”
Civil liberties group Reporters Without Borders also issued a report that notes the pandemic has “visibly contributed to a news and information lockdown” which has even seen reporters detained or put in jail.
US group Freedom House has warned that “the condition of democracy and human rights has grown worse in 80 countries” since the COVID pandemic was declared.
The great reset is here.
marsh
On TB every waking moment
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Year Zero
WEDNESDAY, DEC 16, 2020 - 23:50
Authored (mostly satirically) by CJ Hopkins via The Consent Factory,
2020 was GloboCap Year Zero. The year when the global capitalist ruling classes did away with the illusion of democracy and reminded everyone who is actually in charge, and exactly what happens when anyone challenges them.
In the relatively short span of the last ten months, societies throughout the world have been transformed beyond recognition. Constitutional rights have been suspended. Protest has been banned. Dissent is being censored.
Government officials are issuing edicts restricting the most basic aspects of our lives … where we can go, when we can go there, how long we are allowed to spend there, how many friends we are allowed to meet there, whether and when we can spend time with our families, what we are allowed to say to each other, who we can have sex with, where we have to stand, how we are allowed to eat and drink, etc. The list goes on and on.
The authorities have assumed control of the most intimate aspects of our daily lives. We are being managed like inmates in a prison, told when to eat, sleep, exercise, granted privileges for good behavior, punished for the slightest infractions of an ever-changing set of arbitrary rules, forced to wear identical, demeaning uniforms (albeit only on our faces), and otherwise relentlessly bullied, abused, and humiliated to keep us compliant.
None of which is accidental, or has anything to do with any actual virus, or any other type of public health threat.
Yes, before some of you go ballistic, I do believe there is an actual virus, which a number of people have actually died from, or which at least has contributed to their deaths … but there is absolutely no evidence whatsoever of any authentic public health threat that remotely justifies the totalitarian emergency measures we are being subjected to or the damage that is being done to society. Whatever you believe about the so-called “pandemic,” it really is as simple as that. Even if one accepts the official “science,” you do not transform the entire planet into a pathologized-totalitarian nightmare in response to a health threat of this nature.
The notion is quite literally insane.
GloboCap is not insane, however. They know exactly what they are doing … which is teaching us a lesson, a lesson about power. A lesson about who has it and who doesn’t. For students of history it’s a familiar lesson, a standard in the repertoire of empires, not to mention the repertoire of penal institutions.
The name of the lesson is “Look What We Can Do to You Any Time We ****ing Want.” The point of the lesson is self-explanatory. The USA taught the world this lesson when it nuked Hiroshima and Nagasaki. GloboCap (and the US military) taught it again when they invaded Iraq and destabilized the entire Greater Middle East. It is regularly taught in penitentiaries when the prisoners start to get a little too unruly and remember that they outnumber the guards. That’s where the “lockdown” concept originated. It isn’t medical terminology. It is penal institution terminology.
As we have been experiencing throughout 2020, the global capitalist ruling classes have no qualms about teaching us this lesson. It’s just that they would rather not to have to unless it’s absolutely necessary. They would prefer that we believe we are living in “democracies,” governed by the “rule of law,” where everyone is “free,” and so on. It’s much more efficient and much less dangerous than having to repeatedly remind us that they can take away our “democratic rights” in a heartbeat, unleash armed goon squads to enforce their edicts, and otherwise control us with sheer brute force.
People who have spent time in prison, or who have lived in openly totalitarian societies, are familiar with being ruled by brute force. Most Westerners are not, so it has come as a shock. The majority of them still can’t process it. They cannot see what is staring them in the face. They cannot see it because they can’t afford to see it. If they did, it would completely short-circuit their brains. They would suffer massive psychotic breakdowns, and become entirely unable to function, so their psyches will not allow them to see it.
Others, who see it, can’t quite accept the simplicity of it (i.e., the lesson being taught), so they are proposing assorted complicated theories about what it is and who is behind it … the Great Reset, China, the Illuminati, Transhumanism, Satanism, Communism, whatever. Some of these theories are at least partially accurate. Others are utter bull-goose lunacy.
They all obscure the basic point of the lesson.
The point of the lesson is that GloboCap - the entire global-capitalist system acting as a single global entity - can, virtually any time it wants, suspend the Simulation of Democracy, and crack down on us with despotic force. It can (a) declare a “global pandemic” or some other type of “global emergency,” (b) cancel our so-called “rights,” (c) have the corporate media bombard us with lies and propaganda for months, (d) have the Internet companies censor any and all forms of dissent and evidence challenging said propaganda, (e) implement all kinds of new intrusive “safety” and “security” measures, including but not limited to the physical violation of our bodies … and so on. I think you get the picture. (The violation of our bodies is important, which is why they love “cavity searches” in prison, and why the torture-happy troops at Abu Ghraib were obsessed with sexually violating their victims.)
And the “pandemic” is only one part of the lesson. The other part is being forced to watch (or permitted to watch, depending on your perspective) as GloboCap makes an example of Trump, as they made examples of Corbyn and Sanders, as they made examples of Saddam and Gaddafi, and other “uncooperative” foreign leaders, as they will make an example of any political figurehead that challenges their power. It does not matter to GloboCap that such political figureheads pose no real threat. The people who rally around them do. Nor does it make the slightest difference whether these figureheads or the folks who support them identify as “left” or “right.” GloboCap could not possibly care less. The figureheads are just the teaching materials in the lesson that they are teaching us.
And now, here we are, at the end of the lesson … not the end of the War on Populism, just the end of this critical Trumpian part of it. Once the usurper has been driven out of office, the War on Populism will be folded back into the War on Terror, or the War on Extremism, or whatever GloboCap decides to call it … the name hardly matters. It is all the same war.
Whatever they decide to call it, this is GloboCap Year Zero. It is time for reeducation, my friends. It is time for cultural revolution. No, not communist cultural revolution … global capitalist cultural revolution. It is time to flush the aberration of the last four years down the memory hole, and implement global “New Normal” Gleichschaltung, to make sure that this never happens again.
Oh, yes, things are about to get “normal.” Extremely “normal.” Suffocatingly “normal.” Unimaginably oppressively “normal.” And I’m not just talking about the “Coronavirus measures.” This has been in the works for the last four years.
Remember, back in 2016, when everyone was so concerned about “normality,” and how Trump was “not normal,” and must never be “normalized?” Well, here we are. This is it. This is the part where GloboCap restores “normality,” a “new normality,” a pathologized-totalitarian “normality,” a “normality” which tolerates no dissent and demands complete ideological conformity.
From now on, when the GloboCap Intelligence Community and their mouthpieces in the corporate media tell you something happened, that thing will have happened, exactly as they say it happened, regardless of whether it actually happened, and anyone who says it didn’t will be labeled an “extremist,” a “conspiracy theorist,” a “denier,” or some other meaningless epithet. Such un-persons will be dealt with ruthlessly. They will be censored, deplatformed, demonetized, decertified, rendered unemployable, banned from traveling, socially ostracized, hospitalized, imprisoned, or otherwise erased from “normal” society.
You will do what you are told. You will not ask questions. You will believe whatever they tell you to believe. You will believe it, not because it makes any sense, but simply because you have been ordered to believe it. They aren’t trying to trick or deceive anybody. They know their lies don’t make any sense. And they know that you know they don’t make any sense. They want you to know it. That is the point. They want you to know they are lying to you, manipulating you, openly mocking you, and that they can say and do anything they want to you, and you will go along with it, no matter how insane.
If they order you to take a ****ing vaccine, you will not ask what is in the vaccine, or start whining about the “potential side effects.” You will shut up and take the ****ing vaccine.
If they tell you to put a mask on your kid, you will put a ****ing mask on your ****ing kid. You will not go digging up Danish studies proving the pointlessness of putting masks on kids.
If they tell you the Russians rigged the election, then the Russians rigged the ****ing election.
And, if, four years later, they turn around and tell you that rigging an election is impossible, then rigging an election is ****ing impossible.
It isn’t an invitation to debate. It is a GloboCap-verified fact-checked fact.
You will stand (or kneel) in your designated, color-coded, social-distancing box and repeat this verified fact-checked fact, over and over, like a ****ing parrot, or they will discover some new mutant variant of virus and put you back in ****ing “lockdown.” They will do this until you get your mind right, or you can live the rest of your life on Zoom, or tweeting content that no one but the Internet censors will ever see into the digital void in your ****ing pajamas. The choice is yours … it’s is all up to you!
Or … I don’t know, this is just a crazy idea, you could turn off the ****ing corporate media, do a little ****ing research on your own, grow a backbone and some ****ing guts, and join the rest of us “dangerous extremists” who are trying to fight back against the New Normal. Yes, it will cost you, and we probably won’t win, but you won’t have to torture your kids on airplanes, and you don’t even have to “deny” the virus!
That’s it … my last column of 2020. Happy totalitarian holidays!
marsh
On TB every waking moment
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Top Ranking Catholic Cardinal Says COVID-19 Used To Advance 'Godless And Murderous Agenda' , Usher In 'Great Reset'
THURSDAY, DEC 17, 2020 - 21:00
In early November, an Italian archbishop and Pope Francis foe, Carlo Maria Vigano, launched an attack against those behind pandemic lockdowns across the globe, warning President Trump in a letter of the coming "Great Reset" whose architects are "a global élite that wants to subdue all of humanity, imposing coercive measures with which to drastically limit individual freedoms and those of entire populations."
Archbishop Carlo Maria Viganò"The purpose of the Great Reset is the imposition of a health dictatorship aiming at the imposition of liberticidal measures, hidden behind tempting promises of ensuring a universal income and cancelling individual debt," Vigano's letter continues.
Now, roughly six weeks later, one of the most powerful Catholics in the United States, Cardinal Raymond Burke, has kicked it up a notch - slamming "secular forces" who want to "make us slaves to their godless and murderous agenda" in a Saturday homily.
View: https://twitter.com/i/status/1338567584590028801
.54 min
Burke also slammed the US reliance on China, saying "To attain economic gains, we as a nation have permitted ourselves to become dependent upon the Chinese Communist Party, an ideology totally opposed to the Christian foundations upon which families and our nation remain safe and prosper."
COVID-19
Burke - who sits on the Church's Supreme Tribunal of the Apostolic Signatura, the highest judicial authority in the Catholic Church - then turned his attention to the pandemic, saying "Then there is the mysterious Wuhan virus about whose nature and prevention the mass media daily give us conflicting information. What is clear, however, is that it has been used by certain forces, inimical to families and to the freedom of nations, to advance their evil agenda. These forces tell us that we are now the subjects of the so-called ‘Great Reset,’ the ‘new normal,’ which is dictated to us by their manipulation of citizens and nations through ignorance and fear."
Watch the entire homily below:
17:28 min
marsh
On TB every waking moment
47:09 min
Catherine Austin Fitts –Reset Means Digital Control System
•Dec 18, 2020
Greg Hunter
Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says the reset is “the end of currencies.” She goes on to say, “It’s the death of currencies. Currency is something that is liquid. Currency is something I can put in my pocket and walk away. This is a digital control system. This is a credit at the company store. You will be given a credit at the company store, and if you do what you are told, you can buy things at the company store, but you can’t start your own store. That’s what we are watching right now in the U.S. economy. This is how it works. The insiders and their businesses are deemed essential and can stay open. Then they can do a series of things to shut down all the independent people and herd all those cash flows into theirs. So, you can’t go to church and you can’t sing, but you can stream Netflix. You can go to Costco. You can go to Walmart. . . . If the Fed and New York money center banks can make money from it, it’s essential, and you can do it. They can borrow from the Fed at 0%, and our credit cards cost 16%. This is how this works. So, this is economic warfare, and it’s designed to destroy the independent producer.” Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Catherine Austin Fitts, Publisher of The Solari Report.”
marsh
On TB every waking moment
Your Credit Score Should Be Based on Your Web History, IMF Says
International Monetary Fund (IMF) researchers see the possibility of using the data from your browsing, search, and purchase history to create a more accurate mechanism for determining the credit rating of an individual or business.
gizmodo.com
Your Credit Score Should Be Based on Your Web History, IMF Says
Rhett Jones
Yesterday 12:25PM
Photo: Philippe Huguen (Getty Images)
With more services than ever collecting your data, it’s easy to start asking why anyone should care about most of it. This is why. Because people start having ideas like this.
In a new blog post for the International Monetary Fund, four researchers presented their findings from a working paper that examines the current relationship between finance and tech as well as its potential future. Gazing into their crystal ball, the researchers see the possibility of using the data from your browsing, search, and purchase history to create a more accurate mechanism for determining the credit rating of an individual or business. They believe that this approach could result in greater lending to borrowers who would potentially be denied by traditional financial institutions.
At its heart, the paper is trying to wrestle with the dawning notion that the institutional banking system is facing a serious threat from tech companies like Google, Facebook, and Apple. The researchers identify two key areas in which this is true: Tech companies have greater access to soft-information, and messaging platforms can take the place of the physical locations that banks rely on for meeting with customers.
The concept of using your web history to inform credit ratings is framed around the notion that lenders rely on hard-data that might obscure the worthiness of a borrower or paint an unnecessarily dire picture during hard times. Citing soft-data points like “the type of browser and hardware used to access the internet, the history of online searches and purchases” that could be incorporated into evaluating a borrower, the researchers believe that when a lender has a more intimate relationship with the potential client’s history, they might be more willing to cut them some slack.
“Banks tend to cushion credit terms for their long-term customers during downturns,” the paper’s authors write. This is because they have a history and relationship with the customer. Now, imagine the kind of intimate history that Facebook could have with a borrower and suddenly its digital cash initiative starts to make more sense.
But how would all this data be incorporated into credit ratings? Machine learning, of course. It’s black boxes all the way down.
The researchers acknowledge that there will be privacy and policy concerns related to incorporating this kind of soft-data into credit analysis. And they do little to explain how this might work in practice. The paper isn’t long, and it’s worth a read just to wrap your mind around some of the notions of fintech’s future and why everyone seems to want in on the payments game.
As it is, getting the really fine soft-data points would probably require companies like Facebook and Apple to loosen up their standards on linking unencrypted information with individual accounts. How they might share information would other institutions would be its own can of worms. And while the researchers sound bullish on the advantages that tech companies have over banks, they cite business-to-business lending as a game that traditional institutions continue to dominate. “This may change, however, due to the rise of cloud computing, which may enable large technology firms to create B2B ecosystems that include large corporate customers,” they write.
Yes, the idea of every move you make online feeding into your credit score is creepy. It may not even be possible in the near future. The IMF researchers stress that “governments should follow and carefully support the technological transition in finance. It is important to adjust policies accordingly and stay ahead of the curve.” When’s the last time a government did any of that?
marsh
On TB every waking moment
World Economic Forum: Davos 2021 to Reveal 'Great Reset Initiative'
The World Economic Forum (WEF) has revealed its Davos 2021 Agenda, confirming the unveiling of its self-described Great Reset Initiative.
www.breitbart.com
World Economic Forum: Digital Davos 2021 to Reveal ‘Great Reset Initiative’
1,517
SIMON KENT21 Dec 2020697
The World Economic Forum (WEF) has revealed its Davos 2021 Agenda, confirming the annual gathering of political and business elites next month will be a digital event heralding the public unveiling of its Great Reset Initiative.
In a preview to the digital “Davos Dialogues”, the WEF asserts, “The time to rebuild trust and to make crucial choices is fast approaching as the need to reset priorities and the urgency to reform systems grow stronger around the world.”
The need for “global leaders to come together to design a common recovery path and shape the Great Reset” in the post-cornavirus world has never been stronger, it adds.
It then continues to set out the exact plan of WEF action to reshape the modern world in a pattern of its own design. The WEF says:
As Breitbart News reported, there has been much discussion as to the exact form the much-discussed Great Reset Initiative will take.
Last month in a WEF panel discussion, former Secretary of State John Kerry laid out one possible element.
He said President-elect Joe Biden is ready to rejoin the Paris Climate Agreement — which threatens to eliminate more than a million American jobs — and be a driver of the ”Great Reset” whereby unelected global bureaucrats are looking to alter the world’s economy by abolishing money, private property, and democracy for the sake of a “New World Order,” according to James Delingpole.
“The notion of a reset is more important than ever before,” Kerry said. “I personally believe … we’re at the dawn of an extremely exciting time.”
Kerry dismissed the U.S. rejoining the Paris Climate Agreement as being “not enough.”
“I know Joe Biden believes this. It’s not enough just to rejoin [the Paris Climate Agreement] for the United States. It’s not enough for us to do just the minimum of what [the agreement] requires,” Kerry said. He went on:
According to the WEF’s own publicity, the Davos Agenda will feature:
- Heads of state and of government from the G20 and international organizations giving special addresses on the state of the world.
- Industry leaders and public figures discussing in leadership panels how to advance and accelerate public-private collaboration on critical issues such as coronaviorus vaccination schemes and climate change, among others.
- The Forum’s core communities, including its international business council, sharing their insight and recommendations from global, regional and industry initiatives in impact sessions.
Thanks for posting that agenda, Marsh. My mom asked this morning where all this was coming from, and I showed her some of the Great Reset videos. She was horrified and infuriated. None of this is within her ken. She cannot understand how people can act this way... but she is 93.
marsh
On TB every waking moment
3:44:50 min
LIVE: Globalism Exposed: China and the Great Reset | Turning Point USA—SAS Day 3 | Epoch Times
•Streamed live 9 hours ago
The Epoch Times
marsh
On TB every waking moment
I remember the older generation (WWII) I worked with in one community. They were "can doers." They wanted a park. To purchase the land, they opened a thrift shop and volunteered until they made the money. Then they volunteered to do the landscaping and maintenance.
We are being "removed" from solving our own problems with bureaucratic red tape; having control over our governance; and now - even having the ability to effect direct change in our own lives. We are being dehumanized.
Technocracy and the Great Reset - LewRockwell
Technocracy and the Great Reset
By Joseph Mercola
Mercola.com
December 22, 2020
Technocracy and the Great Reset - YouTube
RT 1:33:22
Posted 27 Nov 2020
In the video above, James Delingpole interviews Patrick Wood, an economist, financial analyst and American constitutionalist who has devoted a lifetime to researching and understanding technocracy — a resource-based economic system created from scratch that really has no equal in terms of what the average person has any understanding of.
Wood has written two fascinating books on this topic: “Technocracy Rising: The Trojan Horse of Global Transformation”1 and “Technocracy: The Hard Road to World Order.”2
As explained by Wood, this new economic system — which is not a natural one — is not based on common pricing mechanisms such as supply and demand or free commerce. Instead, the economy of technocracy is based on energy resources, which then dictates the types of products being produced, bought, sold and consumed. In essence, energy replaces the concept of money as a commodity.
That’s strange enough, but it gets stranger still. Technocracy, which emerged in the 1930s during the height of the Great Depression, the brainchild of which were scientists and engineers, also requires social engineering to keep the system working.
Sustainable Development intends to take control of all resources, all production and all consumption on planet earth, leaving all of its inhabitants to be micro-managed by a scientific dictatorship. ~ Patrick Wood
If people are allowed to do what they want, consumer demand ultimately drives commerce, but that won’t work here. Instead, consumers need to be directed, herded if you will, to consume that which the system needs them to consume, and in order for that to happen, they need to be more or less brainwashed. As a result, the technocratic system requires extensive surveillance and artificial intelligence-driven technologies to keep everyone in check.
Technocracy Is Not a Political System
What’s more, technocracy seeks to eliminate elected officials and government as a whole. They have no place in this system which, when fully implemented, would run itself more or less automatically, with input at the top by the technological masterminds. There’s also no room for nations or nationalism that might influence behavior.
As noted by Wood, Aldous Huxley’s dystopian novel “Brave New World” offers a compelling glimpse into technocracy. There’s no political system. It’s all run by engineers and scientists, and the algorithms they create. As noted in the description for “Technocracy: The Hard Road to World Order:”3
Self-evident rights have been stripped from us and people have more or less grown to accept situations that would have been unthinkable a year ago. We’ve been told to work from home and avoid going anywhere. Our businesses have been shuttered “to protect public health.”
We’ve been told to wear face coverings even while outdoors, while eating and in our own homes. We’re now told we’ll have to have vaccine passports if we want to get on a flight in the future, and world leaders are openly talking about the Great Reset.
Now, the central banks were obviously part of this plan too, from the very beginning. The central bank system is crashing as we speak, having reached the end of its functional life as the global debt burden exceeds countries’ ability to pay the interest, but the reset they’re talking about is not another central bank system.
It will be centralized, yes, but again, the very basis of the global economy will shift away from the commodity of money to the commodity of energy. In the interview, Wood explains how the technocratic elite, members of the Trilateral Commission in particular, have influenced and manipulated economic regulations to ensure their success.
Sustainable Development, Agenda 21 — It’s All Technocracy
As explained by Wood, many of the terms we’ve heard more and more of in recent years refer to technocracy under a different name. Examples include sustainable development, Agenda 21, the 2030 Agenda, the New Urban Agenda, green economy, the green new deal and the global warming movement in general.
They all refer to and are part of technocracy and resource-based economics. Other terms that are synonymous with technocracy include the Great Reset,4 the Fourth Industrial Revolution5 and the slogan Build Back Better.6 The Paris Climate Agreement is also part and parcel of the technocratic agenda.
The common goal of all these movements and agendas is to capture all of the resources of the world — the ownership of them — for a small global elite group that has the know-how to program the computer systems that will ultimately dictate the lives of everyone. It’s really the ultimate form of totalitarianism.
When they talk about “wealth redistribution,” what they’re really referring to, Wood notes, is the redistribution of resources from us to them. My previous article, “The Global Takeover Is Underway,” features a video by the World Economic Forum where they straight up say that by 2030, you will own nothing. Everything you need you will rent.
Technocracy 2030 — A Glimpse Into the Future
A glimpse into this future was also offered in a November 2016 Forbes article written by an unnamed person from the World Economic Forum Leadership Strategy team. It reads, in part:7
Human Body Activity as an Energy Resource
Microsoft’s international patent8 WO/2020/060606 describes a “cryptocurrency system using body activity data.” The international patent was filed June 20, 2019. The U.S. patent office application,9 16128518, was filed September 21, 2018. As explained in the abstract:10
People will be brought down to the level of mindless drones, spending their days carrying out tasks automatically handed out by, say a cellphone app, in return for a cryptocurrency “award.” This kind of merging of digital and biological systems is ultimately what “the Fourth Industrial Revolution” is all about.
Who Are the Technocrats?
While technocracy used to be an actual private club, the technocrats of today do not necessarily have membership cards, so it can be difficult to correctly identify them all. Key players, however, are the members of the Trilateral Commission, Wood says.
You cannot simply join the Trilateral Commission. They select their own members, and it’s by invitation only. A list of the members as of 2020 can be found on FredDonaldson.com.12 Well-known names in the U.S. Trilateral group include David Rockefeller, Henry Kissinger, Michael Bloomberg and Google heavyweights Eric Schmidt and Susan Molinari, vice president for public policy at Google.
Recognizing the necessity of the media, there’s also David Ignatius, a columnist for The Washington Post; David Sanger, chief Washington correspondent for The New York Times; and Gerald Seib, executive editor at The Wall Street Journal.
It’s an interesting list of individuals that can be worth reviewing to get an idea of where, how and through whom technocracy is gaining ground and being implemented. Other groups to look at include:
The Pandemic Is Part of the Technocratic Takeover Too
Last but not least, the pandemic is part and parcel of the technocrats’ Great Reset that will usher in a whole new world of unimaginable restrictions on freedom. It has already accomplished a massive redistribution of wealth — again, from the middle class, from small business owners, to large multinational companies such as Amazon.
Eventually, don’t be surprised if you hear talk about providing everyone with a basic income — a step toward the 2030 cashless “utopia” where you own nothing — and universal debt forgiveness in return for the forfeiture of all rights to private ownership going forward.
The lockdowns also had the effect of demolishing local economies around the world — an entirely needless manmade situation that is now used as an excuse for why we so desperately need to “reset” the economic system, and while we’re at it, we should “build back better.”
Lockdowns and school closings have ushered in calls for more online learning, which locks youths into the digital surveillance matrix to an even greater extent than before, and as the COVID-19 vaccine is being rolled out, it sets the stage for biometric surveillance, tracking and tracing, which will eventually be tied in with all your other medical records, digital ID, digital banking and a social credit system.
All of this in turn requires 5G, which just so happens to be rolling out in the midst of this pandemic. Again, once you become more familiar with the technocratic agenda, you’ll see how all these seemingly random events are not particularly random at all, but weave together, forming a grand net — and we are what’s for dinner.
The answer is to, first, educate yourself and others. I urge you to listen to Wood’s interview in its entirety, as he goes over a lot that I have not summarized here. Once you can see the plan, the next step is to resist and object to any and all implementations of the technocratic agenda. We can win, for the simple fact that there are more of us than there are of them, but we have to be vocal about it — we need to join forces and present a united front.
Sources and References
Technocracy and the Great Reset
By Joseph Mercola
Mercola.com
December 22, 2020
Technocracy and the Great Reset - YouTube
RT 1:33:22
Posted 27 Nov 2020
In the video above, James Delingpole interviews Patrick Wood, an economist, financial analyst and American constitutionalist who has devoted a lifetime to researching and understanding technocracy — a resource-based economic system created from scratch that really has no equal in terms of what the average person has any understanding of.
Wood has written two fascinating books on this topic: “Technocracy Rising: The Trojan Horse of Global Transformation”1 and “Technocracy: The Hard Road to World Order.”2
As explained by Wood, this new economic system — which is not a natural one — is not based on common pricing mechanisms such as supply and demand or free commerce. Instead, the economy of technocracy is based on energy resources, which then dictates the types of products being produced, bought, sold and consumed. In essence, energy replaces the concept of money as a commodity.
That’s strange enough, but it gets stranger still. Technocracy, which emerged in the 1930s during the height of the Great Depression, the brainchild of which were scientists and engineers, also requires social engineering to keep the system working.
Sustainable Development intends to take control of all resources, all production and all consumption on planet earth, leaving all of its inhabitants to be micro-managed by a scientific dictatorship. ~ Patrick Wood
If people are allowed to do what they want, consumer demand ultimately drives commerce, but that won’t work here. Instead, consumers need to be directed, herded if you will, to consume that which the system needs them to consume, and in order for that to happen, they need to be more or less brainwashed. As a result, the technocratic system requires extensive surveillance and artificial intelligence-driven technologies to keep everyone in check.
Technocracy Is Not a Political System
What’s more, technocracy seeks to eliminate elected officials and government as a whole. They have no place in this system which, when fully implemented, would run itself more or less automatically, with input at the top by the technological masterminds. There’s also no room for nations or nationalism that might influence behavior.
As noted by Wood, Aldous Huxley’s dystopian novel “Brave New World” offers a compelling glimpse into technocracy. There’s no political system. It’s all run by engineers and scientists, and the algorithms they create. As noted in the description for “Technocracy: The Hard Road to World Order:”3
While the technocratic plan has been underway for decades, things have been rolled out in rapid succession this year. If you’ve formed the impression that we’re all suffering from some sort of “boiled frog” syndrome, you’d probably be right.
Self-evident rights have been stripped from us and people have more or less grown to accept situations that would have been unthinkable a year ago. We’ve been told to work from home and avoid going anywhere. Our businesses have been shuttered “to protect public health.”
We’ve been told to wear face coverings even while outdoors, while eating and in our own homes. We’re now told we’ll have to have vaccine passports if we want to get on a flight in the future, and world leaders are openly talking about the Great Reset.
Now, the central banks were obviously part of this plan too, from the very beginning. The central bank system is crashing as we speak, having reached the end of its functional life as the global debt burden exceeds countries’ ability to pay the interest, but the reset they’re talking about is not another central bank system.
It will be centralized, yes, but again, the very basis of the global economy will shift away from the commodity of money to the commodity of energy. In the interview, Wood explains how the technocratic elite, members of the Trilateral Commission in particular, have influenced and manipulated economic regulations to ensure their success.
Sustainable Development, Agenda 21 — It’s All Technocracy
As explained by Wood, many of the terms we’ve heard more and more of in recent years refer to technocracy under a different name. Examples include sustainable development, Agenda 21, the 2030 Agenda, the New Urban Agenda, green economy, the green new deal and the global warming movement in general.
They all refer to and are part of technocracy and resource-based economics. Other terms that are synonymous with technocracy include the Great Reset,4 the Fourth Industrial Revolution5 and the slogan Build Back Better.6 The Paris Climate Agreement is also part and parcel of the technocratic agenda.
The common goal of all these movements and agendas is to capture all of the resources of the world — the ownership of them — for a small global elite group that has the know-how to program the computer systems that will ultimately dictate the lives of everyone. It’s really the ultimate form of totalitarianism.
When they talk about “wealth redistribution,” what they’re really referring to, Wood notes, is the redistribution of resources from us to them. My previous article, “The Global Takeover Is Underway,” features a video by the World Economic Forum where they straight up say that by 2030, you will own nothing. Everything you need you will rent.
Technocracy 2030 — A Glimpse Into the Future
A glimpse into this future was also offered in a November 2016 Forbes article written by an unnamed person from the World Economic Forum Leadership Strategy team. It reads, in part:7
However, if you rent everything and have no private property of your own, then who does own all of those things? The technocratic elite that owns all the energy resources does. Disturbingly enough, one form of energy resource that modern technocrats apparently intend to harvest, if patents are any indication, is the human body.
Human Body Activity as an Energy Resource
Microsoft’s international patent8 WO/2020/060606 describes a “cryptocurrency system using body activity data.” The international patent was filed June 20, 2019. The U.S. patent office application,9 16128518, was filed September 21, 2018. As explained in the abstract:10
The U.S. patent application includes the following flow chart summary of the process.11 This patent, if implemented, would essentially turn human beings into robots. If you’ve ever wondered how the average person will make a living in the AI tech-driven cashless world of the future, this may be part of your answer.
People will be brought down to the level of mindless drones, spending their days carrying out tasks automatically handed out by, say a cellphone app, in return for a cryptocurrency “award.” This kind of merging of digital and biological systems is ultimately what “the Fourth Industrial Revolution” is all about.
Who Are the Technocrats?
While technocracy used to be an actual private club, the technocrats of today do not necessarily have membership cards, so it can be difficult to correctly identify them all. Key players, however, are the members of the Trilateral Commission, Wood says.
You cannot simply join the Trilateral Commission. They select their own members, and it’s by invitation only. A list of the members as of 2020 can be found on FredDonaldson.com.12 Well-known names in the U.S. Trilateral group include David Rockefeller, Henry Kissinger, Michael Bloomberg and Google heavyweights Eric Schmidt and Susan Molinari, vice president for public policy at Google.
Recognizing the necessity of the media, there’s also David Ignatius, a columnist for The Washington Post; David Sanger, chief Washington correspondent for The New York Times; and Gerald Seib, executive editor at The Wall Street Journal.
It’s an interesting list of individuals that can be worth reviewing to get an idea of where, how and through whom technocracy is gaining ground and being implemented. Other groups to look at include:
- The Club of Rome
- The Aspen Institute, which has groomed and mentored executives from around the world about the subtleties of globalization. Many of its board members are also members of the Trilateral Commission
- The Atlantic Institute
- The World Economic Forum
- The Brookings Institute and other think-tanks
The Pandemic Is Part of the Technocratic Takeover Too
Last but not least, the pandemic is part and parcel of the technocrats’ Great Reset that will usher in a whole new world of unimaginable restrictions on freedom. It has already accomplished a massive redistribution of wealth — again, from the middle class, from small business owners, to large multinational companies such as Amazon.
Eventually, don’t be surprised if you hear talk about providing everyone with a basic income — a step toward the 2030 cashless “utopia” where you own nothing — and universal debt forgiveness in return for the forfeiture of all rights to private ownership going forward.
The lockdowns also had the effect of demolishing local economies around the world — an entirely needless manmade situation that is now used as an excuse for why we so desperately need to “reset” the economic system, and while we’re at it, we should “build back better.”
Lockdowns and school closings have ushered in calls for more online learning, which locks youths into the digital surveillance matrix to an even greater extent than before, and as the COVID-19 vaccine is being rolled out, it sets the stage for biometric surveillance, tracking and tracing, which will eventually be tied in with all your other medical records, digital ID, digital banking and a social credit system.
All of this in turn requires 5G, which just so happens to be rolling out in the midst of this pandemic. Again, once you become more familiar with the technocratic agenda, you’ll see how all these seemingly random events are not particularly random at all, but weave together, forming a grand net — and we are what’s for dinner.
The answer is to, first, educate yourself and others. I urge you to listen to Wood’s interview in its entirety, as he goes over a lot that I have not summarized here. Once you can see the plan, the next step is to resist and object to any and all implementations of the technocratic agenda. We can win, for the simple fact that there are more of us than there are of them, but we have to be vocal about it — we need to join forces and present a united front.
Sources and References
- 1 Technocracy Rising: The Trojan Horse of Global Transformation
- 2, 3 Technocracy: The Hard Road to World Order
- 4 Technocracy.news June 25, 2020
- 5 Gov.uk The Fourth Industrial Revolution
- 6 UN.org April 22, 2020
- 7 Forbes November 10, 2016
- 8, 10 WIPO WO/2020/060606
- 9, 11 WIPO US/2020/0097957
- 12 FredDonaldson.com Trilateral Commission 2020 Members
marsh
On TB every waking moment
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
The "New Confederacy"? Yes, It's Time For Conservatives To Unite Against The Globalist Reset
MONDAY, DEC 21, 2020 - 23:40
Authored by Brandon Smith via Alt-Market.us,
The narrative could not be more transparent or obvious, but then again, the elites are becoming lazy in their propaganda and the leftists are not all that bright. Essentially, every time conservatives (or moderates) organize to defend themselves against communist or globalist attack we are called “Nazis”, brownshirts, populists, bullies, etc. Now, I would remind these people that if we were really going the path of the Sturmabteilung then there would be rampant intimidation and assault on leftists to the point that they would be afraid to leave their homes or even identify as leftists. Conservatives believe in self defense, not coercion and terror tactics.
Such actions are the wheelhouse of the political left these days. They are far better than we are at imitating Brownshirt behavior. The reality is that across the board the only people engaging in widespread censorship and violence are on the political left, yet we are supposed to be the “Nazis”?
Historically, there does seem to be a pattern here, though. In Germany in the 1920s-1930s communist groups were highly active and initiated street violence, riots and even assassinations. This lured many Germans in fear of being overtaken by a communist regime to support national socialism, the other side of the coin when it comes to tyranny. In other words, to defeat the communists the public supported the fascists, and the fascists ended up being just as bad as the communists.
If you study the investigations of historians like Antony Sutton in books like ‘Wall Street And The Bolshevik Revolution’ or ‘Wall Street And The Rise Of Hitler’, you will discover there is incredible evidence proving that BOTH the communists and the fascists were funded and managed by the same global elites. In other words, the bankers win either way because they control both sides of the game.
I do suspect that a similar strategy is being implemented within the US today, and that part of the agenda of globalists hellbent on getting their “great reset” is to foment civil war in America while controlling or manipulating both sides of the fight.
It is indeed a Catch-22 for conservatives:
- If we roll over and do nothing, then the extreme left and their corporate and political partners take control of the country and we will never see freedom again as they assert their “social justice” mandates along with their lockdown mandates.
- If we fight back using the same tactics as the leftists or support martial law, then we ultimately erase the civil liberties protected within the Bill of Rights. Those rights will NEVER return (don’t believe the promises for a second) and we become history’s biggest hypocrites and a cautionary tale of the “dangers of nationalism” told to children generations from now, much like the Nazis.
The establishment likes to make people think there are only ever two choices during any crisis, and both choices involve giving up more freedom or giving government more power. What they don’t want you to consider is the third option – The people taking power for themselves and removing power from those that would abuse it.
Why should we rely on a middleman to enact such measures? Why are we always being told that we need to wait for a president or a government to do the job we can do ourselves? The liberty movement doesn’t revolve around Trump or the election, and it should NEVER rely on martial law as a means to secure our safety. We can do this on our own without asking permission or waiting to be led by a mascot.
It is true that the political left and conservatives are no longer capable of finding common ground (except, interestingly, among some moderate liberals that also stand against forced vaccinations and medical mandates). In terms of the hard left, their cult is so far beyond reality now that it would be impossible to reconcile. They live on another planet and their frothing zealotry is too entrenched for them to ever see reason.
In their delusional fantasies we are the ultimate villains, and they are the “noble freedom fighters”. Of course, every single establishment power platform in the corporate world, in Big Tech and in the mainstream media is at their disposal, not to mention millions in funding from globalist organizations like the Open Society Foundation and the Ford Foundation, so this tale of the leftist “underdog” makes us double over with laughter at times.
The majority of conservatives just want to be left alone to live our lives the way we see fit. You know, like real Americans are supposed to do. But this notion is not acceptable to collectivists. They argue that we are “all part of a society”…THEIR society, and we must abide by their ideologies and rules “for the greater good” or suffer the consequences. In other words, you can check out anytime you like, but you can never leave.
The fact is, groups in general are abstractions of the mind. Just because someone declares that you are a part of their society does not make it so. Walking away is every individual’s right as a human being. Groups that survive and thrive tend to be built on shared values and principles. They don’t all need to agree on every detail, but they can’t be diametrically opposed in every way either.
Usually those with principles that match with an inherent sense of conscience are the groups that most appeal to people.
That said, there are people in this world (around 1% to 5% of any given population) that do NOT have inherent conscience, or they suffer from an ingrained affliction called narcissism.
These people are attracted to movements that seek to dominate others, and they maintain membership through force rather than appealing to principle. There is no possible way that this group can ever coexist with people that value freedom and empathy. At least, not without incredible conflict…
There is a large and growing opposition to pandemic lockdown measures, social justice policies that amount to cultural Marxism, as well as the prospect of a Biden presidency which would encourage both of these travesties exponentially. It’s not all about Biden or the leftists, obviously. The Reset goes far beyond them, but many conservatives are looking at the problem more according to what is directly in front of them and less according to the people behind the curtain.
In light of this the mainstream media is doing exactly what is it designed to do – Create propaganda to “shame” anyone that dares to oppose the prevailing establishment narrative. Their most recent strategy is to label the conservative rebellion against the Reset as “the new Confederacy”, and to bring up the specter of the Civil War.
This narrative is riding on the back of discussion among conservatives and state politicians that the possibility of secession should be explored in the wake of the growing impasse between leftists, the globalist agenda, and freedom loving Americans.
The establishment and the useful idiots on the left will have none of it. Despite the fact that all they talked about during the first two years of Trump’s presidency was secession, now that the shoe is on the other foot (if Biden enters the White House and maybe even if he doesn’t) the SJWs and their media counterparts are FURIOUS at the idea that conservatives might actually succeed where they failed.
Collectivists are good at destroying things, not creating things. Their calls for secession were a joke because we all know they are incapable of self sufficiency, and also they have no means of defense. One look at short lived autonomous zones like “The CHAZ” will give you insight to what would happen if leftists tried to separate within a states. It would be a disaster for them.
When conservatives talk about separation, though, the leftists and globalists listen. They might not ever admit it, but they know we are actually capable of it.
To be clear, what I believe is happening is that conservatives are being prodded and provoked, not to separate and organize but to centralize. I think they want us to support actions like martial law which would be considered totalitarian. Conservatives, the only stalwart defenders of civil liberties, using military suppression and abandoning the Bill of Rights to maintain political power? That is a dream come true for the globalists in the long term. And despite people’s faith in Trump, there are far too many banking elites and globalists within his cabinet to ensure that such power will not be abused or used against us later.
I think the concept of the “new confederacy” label being used by leftists and the media reveals what they truly fear, though:
- If they can get us to roll over for the lockdowns and medical tyranny and a Biden dictatorship, they’re happy.
- If they can get us to support martial law under a Trump “coup”, they’re happy.
- But what they don’t want is for conservatives and moderates to form their own organizational resistance not beholden to any singular political figure or top down pyramid structure.
In my own area in Montana I have been running local open meetings on preparedness and current events in the hopes of getting people on the same page and networked in the event that the current crisis spills over and rule of law breaks down. Or, in the event that there is an attempt by the state or federal government to enforce medical lockdown mandates where we live. These meetings have been expanding in the past couple of months and needless to say, people in my town are not going to submit to restrictions and do not plan to hide quietly in their homes while their community and businesses are destroyed.
These groups are forming across the country, and thank God, because without community organization there is ZERO chance of survival or freedom for liberty minded Americans. As I’ve noted in some of my latest articles, the rebellion against lockdowns and vaccination mandates is visible even in hard-left states like California and New York. There is much to be optimistic about. However, the fight is going to be difficult and there will be ample vitriol leveled against us as we successfully unify.
Organization requires a tit-for-tat philosophy to do well. Meaning, everyone must take some risk in order to encourage others to join the fight.
For example, conservatives want business owners to refuse to enforce lockdown rules. But, if a business owner makes this courageous choice and faces off with government health officials, then patriots need to be there to back them up. This might even mean standing in the way of law enforcement that is violating the constitutional rights of that business.
I call this “creating a wall of worry”; many police and sheriffs are not onboard with the enforcement of illegal mandates, but those that are need to understand that there are potential consequences for doing so. The wall of worry is a deterrent, and the larger the group of people involved the better. Police are not going to risk escalation of a fight over lockdown mandates if they realize that fight could go badly for them. And, if people in their own departments are against the lockdowns, the consequences double if they seek to enforce them. They should be the ones worried, not us.
Health Department officials are even less likely to push the issue in the face of opposition.
By extension, if your local sheriff’s department or police department is standing against the unconstitutional mandates and the state or federal government threatens them with repercussions, YOU must be there to offer help and support. They are taking a risk for you, so you must be willing to take a risk for them.
I am also hearing considerable chatter that many medical professionals including doctors and nurses are going to REFUSE to take the poorly tested and questionable Covid vaccine for fear of damaging side effects. And why should they? Why take a vaccine for a virus that only threatens less than 0.3% of the public outside of nursing homes?
Medical professionals are under immense pressure to take the vaccine or lose their license to practice. Conservatives MUST defend them if they rebel against mandatory vaccination.
This means helping them to set up their own clinics outside of the controlled system where they can continue to aid people and still make a living. This means networking liberty minded patients that need treatments for various ailments to doctors and nurses that will not demand they show a medical passport and will not report them to the government. This means protecting doctors and nurses from retribution should government officials try to punish or arrest them.
Communities will need to build their own localized economies, using barter and trade and maybe even creating a local currency scrip (hopefully backed by some kind of commodity). They are going to have to insulate themselves from the lockdowns economically in order to defy the lockdowns in a practical way. Otherwise, anyone that does not conform to medical passports and contact tracing will be denied access to the establishment controlled economy and die of poverty. We have to create alternatives. We have to offer people a choice outside of tyranny, otherwise many will go along with the tyranny.
Finally, conservative communities are going to have to provide for their own security. Regardless of how the election situation actually ends, and even if Trump stays in the White House and refuses to concede, martial law is an unacceptable scenario. Conservatives don’t need it anyway. We should be establishing localized security (otherwise known as militias) composed of any able bodied person in the community that wants to join. These militias would have to form as unofficial organizations, as it is unlikely that state politicians will sanction them.
That’s okay. We don’t need them to sanction our own security and defense. Like I said, we can handle it ourselves.
In the meantime, the leftists will label us “brownshirts”, but as mentioned they are the people that have proven over and over again to be violent and totalitarian, so their accusations ring hollow. The media will call us the “new confederacy”, which is funny because the majority of the original confederates and slave owners during the Civil War were Democrats.
We’ll set aside that irony and point out that people have an inherent right to self defense and to freedom from oppression, and none of us are slave owners. Anyone that calls for the globalist Reset is an enemy of individual rights, and anyone that tries to enforce medical tyranny is on the wrong side of history and of morality.
They can call us whatever they want and make erroneous historical comparisons until they are blue in the face; it won’t change the fact that we are seeking to be free and they are seeking to take that freedom away. This is all that matters.
marsh
On TB every waking moment
George Soros Apparatchik Lord Mallach Brown Believes "A Global Economy Needs Global Institutions to Govern It" - They Hate President Trump and Need Him Gone | The Gateway Pundit | by Joe Hoft
The battle is clear to see. It’s between good and evil. It’s between the truth and lies. It’s between freedom and slavery.
www.thegatewaypundit.com
George Soros Apparatchik Lord Mallach Brown Believes “A Global Economy Needs Global Institutions to Govern It” – They Hate President Trump and Need Him Gone
By Joe Hoft
Published December 22, 2020 at 2:04pm
The battle is clear to see. It’s between good and evil. It’s between the truth and lies. It’s between freedom and slavery.
We know that Lord Mallach Brown oversaw Smartmatic and acknowledged its connections to Dominion voting machines. These two companies are a significant piece behind the massive fraud in this year’s election that took place to steal the election for Joe Biden. If we had a Department of Justice they would already be arrested and in jail.
Smartmatic Lied: Lord Mark Malloch Brown Admitted to License Agreement Between Smartmatic and Dominion in 2015 Interview (VIDEO) | The Gateway Pundit | by Jim Hoft
Smartmatic, a UK based company, is a George Soros linked company thathas provided voting technologyin 16 states including battleground zones like Arizona, Colorado, Florida, Michigan, Nevada, Pennsylvania and Virginia.
www.thegatewaypundit.com
Shortly after the 2020 election when the Democrats and Soros thought the election was stolen, Soros as a reward, named his mate Lord Malloch Brown the new Chairman of Soros’s Open Society, the group that oversees and funds many of Soros causes, that have destroyed America as we know it.
Breaking: GEORGE SOROS Appoints Lord Mark Malloch Brown - The Former President of Smartmatic - to Lead Open Society Foundation | The Gateway Pundit | by Jim Hoft
On Saturday afternoon billionaire far left funder George Soros announced new leadership at his Open Society Foundation.
www.thegatewaypundit.com
It’s not surprising Soros is behind this, he assisted Nazis during World War II.
13:18 min
Now we know why Soros and the former head of Smartmatic voting machines are such good friends. Lord Mallach Brown penned a piece of work in 2011, where the introduction to the work says:
This is why Lord Mallach Brown and Soros hate President Trump, because he proves them wrong. He challenges the climate change tale and shows that a strong US economy, where Americans are provided protections from global elites like Soros, is the way to reduce poverty and unemployment. A strong and free US is the key to world peace and prosperity.
The 2020 election is about good versus evil and peace and prosperity versus the global elites and their totalitarian beliefs
marsh
On TB every waking moment
It just seems to be a cascading flash flood of every liberty-destructive notion of the left that has festered over the past 50 years and that Trump had begun to contain.
Take a look at Biden's newest appointees.
“These experienced individuals are joining my administration to carry out policies that will put our nation on a path to building back better than ever before," Biden said in a statement. (Joe Biden finally announces White House spot for longtime aide Bruce Reed )
and
Gamble joined the Omidyar Network last June, following her graduation from Princeton's graduate program in economics. In that role, she was a frequent public commentator on what she saw as the injustices and inequities of capitalism, writing in the left-wing magazine Dissent, for example, that "our measure of economic security is based on white economic security." Reporting her involvement with the Biden transition in October, the Washington Examiner described her as "represent[ing] the left wing of the Democratic Party within Biden's economic team."
She honed those positions at ON, a social-change investor that operates as both an LLC and a 501(c)3 nonprofit, allowing it to invest in both for-profit and non-profit ventures.
ON operates several major projects across its portfolio of over $100 million in outstanding grants. That includes Gamble's "reimagining capitalism," which aims to restructure capitalist society around principles that include "an explicitly anti-racist and inclusive economy" and "rebalanc[ing] the relationship between markets, governments, and communities." (ref: Biden Taps Liberal Billionaire's Acolyte for Top Econ. Job )
I am, more and more, finding myself wanting to curl up into a ball and hibernate.
Take a look at Biden's newest appointees.
“These experienced individuals are joining my administration to carry out policies that will put our nation on a path to building back better than ever before," Biden said in a statement. (Joe Biden finally announces White House spot for longtime aide Bruce Reed )
and
Gamble joined the Omidyar Network last June, following her graduation from Princeton's graduate program in economics. In that role, she was a frequent public commentator on what she saw as the injustices and inequities of capitalism, writing in the left-wing magazine Dissent, for example, that "our measure of economic security is based on white economic security." Reporting her involvement with the Biden transition in October, the Washington Examiner described her as "represent[ing] the left wing of the Democratic Party within Biden's economic team."
She honed those positions at ON, a social-change investor that operates as both an LLC and a 501(c)3 nonprofit, allowing it to invest in both for-profit and non-profit ventures.
ON operates several major projects across its portfolio of over $100 million in outstanding grants. That includes Gamble's "reimagining capitalism," which aims to restructure capitalist society around principles that include "an explicitly anti-racist and inclusive economy" and "rebalanc[ing] the relationship between markets, governments, and communities." (ref: Biden Taps Liberal Billionaire's Acolyte for Top Econ. Job )
I am, more and more, finding myself wanting to curl up into a ball and hibernate.
Pink mist is a cure, if it comes to that.
PanBear
Veteran Member
A billion people have no legal identity - but a new app plans to change that
20 Nov 2020
Douglas Broom
Senior Writer, Formative Content
Audio: Listen To The Article 6:26 min
It’s an issue that tech entrepreneur Joseph Thompson has found a way to tackle. His start-up AID:Tech has created a digital app that allows people without official documents to create a personal legal identity.
A UN goal
Ensuring everyone has a legal identity, including birth registration, by 2030 is one of the United Nations’ Sustainable Development Goals (SDGs). It prompted the World Bank to launch its Identification for Development (ID4D) initiative in 2014.
The latest data from the Bank shows there are just over 987 million people in the world who have no legal identity, down from 1.5 billion in 2016. The majority live in low-income countries where almost 45% of women and 28% of men lack a legal ID.
For the almost 80 million people forced to flee their homes by war or persecution last year, the situation is even worse. Identity documents are often lost in the confusion and yet they can be vital to the success of their claim for refugee status.
A smartphone solution
Joseph Thompson’s app paved the way for the first 'lockchain baby'. Image: AID:Tech
Thompson’s app uses blockchain to preserve the user’s digital identity from interference, making it accessible only to the person whose ID it holds. As a digital solution, it goes with the grain of how many people in emerging economies manage their finances using smartphones.
A study of 15 developing nations identified 600 million people who have a smartphone but don’t have a bank account. Many of these people use digital payment apps to manage their money and these transactions can be used to digitally verify their identity.
More transparency for charities
Thompson hit on the idea after taking part in the gruelling six-day Marathon des Sables in the Sahara. He raised $122,000 for charity, but when he asked how the money had been spent, the charity was unable to tell him because it had no way to track individual donations.
“I’m not a humanitarian or anything, but I just thought there has to be a better way for transparency and traceability of fund transfer,” he says. So Thompson and his team created their ‘Transparency Engine’ which enables charities to follow the money they send to projects.
By making the transactions digital, not only can charities see that donations reached their intended recipients but, by using blockchain, the whole system is much more secure than sending cash.
Why a digital identity matters.
The first blockchain baby
That’s when Thompson’s thoughts turned to helping solve the problem of people with no legal ID. One of the issues they face is registering the birth of a child. Women without legal ID face particular obstacles where laws require the father’s ID to be used when a birth is registered.
“We’ve got projects in Tanzania where we had the first baby in the world born on the blockchain,” says Thompson. “The mother who gave birth – she owned the data for the child. So she was building a data credit profile. She could prove she got the right medicine.”
AID:Tech, which recently signed off on a project that will help 2 million people, is also working on financial inclusion projects in Uganda, Nigeria and Southeast Asia. Now it’s turning its attention to helping the almost 40 million Europeans who lack access to financial services.
Last year, Thompson and AID:Tech won the Game Changer of the Year award from the Schwab Foundation for Social Entrepreneurship for the impact of their innovations on fighting corruption.
Social innovations are the focus of the Forum’s Pioneers of Change Summit this year. Sessions featuring speakers including Christine Lagarde, President of the European Central Bank, can be viewed online after the virtual event.
Written by
Douglas Broom, Senior Writer, Formative Content
The views expressed in this article are those of the author alone and not the World Economic Forum.
View: https://twitter.com/wef/status/1342570826516860932
Soundcloud
The World Economic Forum
View: https://soundcloud.com/world-economic-forum
Additional Information:
Youtube Videos - WEF
Youtube Videos - WEF Playlist
20 Nov 2020
Douglas Broom
Senior Writer, Formative Content
Audio: Listen To The Article 6:26 min
- A billion people in the world have no legal identity.
- Without an ID they can’t open a bank account, get a loan, or even vote.
- Now a tech entrepreneur has come up with an answer.
- Joseph Thompson’s digital app allows people to prove and protect their identity.
- His company, AID:Tech, has also found a way to protect charity funds from corruption.
It’s an issue that tech entrepreneur Joseph Thompson has found a way to tackle. His start-up AID:Tech has created a digital app that allows people without official documents to create a personal legal identity.
A UN goal
Ensuring everyone has a legal identity, including birth registration, by 2030 is one of the United Nations’ Sustainable Development Goals (SDGs). It prompted the World Bank to launch its Identification for Development (ID4D) initiative in 2014.
The latest data from the Bank shows there are just over 987 million people in the world who have no legal identity, down from 1.5 billion in 2016. The majority live in low-income countries where almost 45% of women and 28% of men lack a legal ID.
For the almost 80 million people forced to flee their homes by war or persecution last year, the situation is even worse. Identity documents are often lost in the confusion and yet they can be vital to the success of their claim for refugee status.
A smartphone solution
Joseph Thompson’s app paved the way for the first 'lockchain baby'. Image: AID:Tech
Thompson’s app uses blockchain to preserve the user’s digital identity from interference, making it accessible only to the person whose ID it holds. As a digital solution, it goes with the grain of how many people in emerging economies manage their finances using smartphones.
A study of 15 developing nations identified 600 million people who have a smartphone but don’t have a bank account. Many of these people use digital payment apps to manage their money and these transactions can be used to digitally verify their identity.
More transparency for charities
Thompson hit on the idea after taking part in the gruelling six-day Marathon des Sables in the Sahara. He raised $122,000 for charity, but when he asked how the money had been spent, the charity was unable to tell him because it had no way to track individual donations.
“I’m not a humanitarian or anything, but I just thought there has to be a better way for transparency and traceability of fund transfer,” he says. So Thompson and his team created their ‘Transparency Engine’ which enables charities to follow the money they send to projects.
By making the transactions digital, not only can charities see that donations reached their intended recipients but, by using blockchain, the whole system is much more secure than sending cash.
Why a digital identity matters.
The first blockchain baby
That’s when Thompson’s thoughts turned to helping solve the problem of people with no legal ID. One of the issues they face is registering the birth of a child. Women without legal ID face particular obstacles where laws require the father’s ID to be used when a birth is registered.
“We’ve got projects in Tanzania where we had the first baby in the world born on the blockchain,” says Thompson. “The mother who gave birth – she owned the data for the child. So she was building a data credit profile. She could prove she got the right medicine.”
AID:Tech, which recently signed off on a project that will help 2 million people, is also working on financial inclusion projects in Uganda, Nigeria and Southeast Asia. Now it’s turning its attention to helping the almost 40 million Europeans who lack access to financial services.
Last year, Thompson and AID:Tech won the Game Changer of the Year award from the Schwab Foundation for Social Entrepreneurship for the impact of their innovations on fighting corruption.
Social innovations are the focus of the Forum’s Pioneers of Change Summit this year. Sessions featuring speakers including Christine Lagarde, President of the European Central Bank, can be viewed online after the virtual event.
Written by
Douglas Broom, Senior Writer, Formative Content
The views expressed in this article are those of the author alone and not the World Economic Forum.
View: https://twitter.com/wef/status/1342570826516860932
Soundcloud
The World Economic Forum
View: https://soundcloud.com/world-economic-forum
Additional Information:
Youtube Videos - WEF
Youtube Videos - WEF Playlist
Last edited:
PanBear
Veteran Member
What Is The Fourth Industrial Revolution:
Ubiquitous, mobile supercomputing. Artificially-intelligent robots. Self-driving cars. Neuro-technological brain enhancements. Genetic editing. The evidence of dramatic change is all around us and it’s happening at exponential speed.
Previous industrial revolutions liberated humankind from animal power, made mass production possible and brought digital capabilities to billions of people.
This Fourth Industrial Revolution is, however, fundamentally different. It is characterized by a range of new technologies that are fusing the physical, digital and biological worlds, impacting all disciplines, economies and industries, and even challenging ideas about what it means to be human.
11:31 min - Jul 18, 2016
View: https://www.youtube.com/watch?v=kpW9JcWxKq0
Our bodies will be so high-tech
9:58 Nita Farahany: "Once we can access people's thoughts and access people's emotion, we have to create a space that enables people to think freely ... "
Ubiquitous, mobile supercomputing. Artificially-intelligent robots. Self-driving cars. Neuro-technological brain enhancements. Genetic editing. The evidence of dramatic change is all around us and it’s happening at exponential speed.
Previous industrial revolutions liberated humankind from animal power, made mass production possible and brought digital capabilities to billions of people.
This Fourth Industrial Revolution is, however, fundamentally different. It is characterized by a range of new technologies that are fusing the physical, digital and biological worlds, impacting all disciplines, economies and industries, and even challenging ideas about what it means to be human.
11:31 min - Jul 18, 2016
Our bodies will be so high-tech
9:58 Nita Farahany: "Once we can access people's thoughts and access people's emotion, we have to create a space that enables people to think freely ... "
20Gauge
TB Fanatic
I do agree many in the USA will fight back, but most of the world has been conditioned to go along with what they are told.
All in all, I am reading the great reset is just a step back to feudalism. We will have kings and queens once again but they will be called something else of course. Perhaps Senators and Congressmen?
It is and has been as always a way to power and separation between the masses and those who desire to rule.
I expect the new deal / green deal to push such ideas as no more rural living? Why, so they can enjoy the land and not us. Things like that.
20Gauge
TB Fanatic
My family is one of those. We are mostly independent from their control. Granted, if they laid eyes on us and wanted us to bend, they have the resources to make us dead with little issue I expect.
Yet if they are simply using economic means to control us, my family would be able to slide by mostly. I say mostly as no one is totally independent in this world now.
marsh
On TB every waking moment
Middle Class?
www.zerohedge.com
Our Phantom Middle Class
SATURDAY, DEC 26, 2020 - 12:30
Authored by Charles Hugh Smith via OfTwoMind blog,
What happens when America finally admits its middle class is a phantom of feel-good fantasy? We may well find out in the next four years.
Of the many things we cannot bring ourselves to admit, one of the most consequential is that our vaunted middle class is illusory, a phantom of our imagination rather than a reality. The reality is the vast majority of the nation's wealth and income has been diverted from the middle class to those at the pinnacle of the wealth-power pyramid and the technocrat / financier insider class (the top 10%) that serves the interests of those at the pinnacle.
This transfer has accelerated rapidly in the 21st century as virtually all the real income gains of the past 20 years have flowed to the top 0.1%. This RAND study found that America's elites siphoned $50 trillion into their own pockets in the past two generations: Trends in Income From 1975 to 2018. (Please look at the "Fruits of Financialization" chart below.)
The earnings of the top 0.1% grew 15 times faster than the earnings of the bottom 90% (See chart below)...
...as wages' share of the economy continues its 50-year decline...
As for wealth: the top 0.1% own more than the bottom 80% (see chart below) and the top 1% own 40% of all private wealth and the top 10% own 90%.
If the top 10% own 90% of the wealth and has captured virtually all the income gains of the past 20 years, then isn't it obvious America has no middle class? What the traditional middle class--generally defined as the 50% between the bottom 40% and the top 10%--own is debt and a feeble grasp on very thin reeds of capital.
Please ponder the chart below of the $1.7 trillion in student loan debt burdening those who bought the narrative that a college diploma was a passport to the security of the middle class. The debt load carried by those clinging on to aspirations of middle class security is staggering. As I've noted here before, burdening powerless students with uncertain futures with trillions in high-interest debt would have been viewed as criminal two generations ago, but now it's celebrated by those reaping the interest from precariat debt-serfs.
Broadly speaking, the key assets of the middle class are capital and agency, with capital being defined as financial, intellectual and social capital that generates income, earned and unearned, and agency defined as control over one's life and options and having a say in public decision-making.
Understood in this way, the 50% between the bottom 40% and the top 10% own precious little income-producing capital and possess very little agency. The political class serves the top 0.1% and only gives lip-service to the PR-worthy convention of a middle class in the form of platitudes. In terms of control over one's options, those claiming middle class status cling to jobs because they need the healthcare insurance coverage provided by the employer, not because the job is rewarding.
As for possessing skills, much of the workforce has few producer skills, as the consumer economy devotes inordinate attention not to producing but to marketing, speculation and complying with counterproductive regulations and bureaucratic file-shuffling.
Once the con of printing trilions of dollars out of thin air dissolves and the nation has to balance its books in the real world, these file-shuffling and speculative skills will no longer generate meaningful income.
The last vestiges of financial security for the middle 50% are pensions and ownership of a home, which is less a real asset and more a call-option on the current housing bubble. This phantom "wealth" is one encounter with reality away from disappearing into the mists of speculative extremes imploding.
As for pensions, these promises on future energy and income gains are only geared for an economy of ever-expanding energy, productivity and production of surplus goods and services. As America has substituted speculation for these real-world gains, pensions are also one encounter with reality away from disappearing into the mists.
The American Dream was based on broad-based access to acquiring capital and agency, access which has narrowed to the top slice of the economic order. Even the top 10% is misleading, as the vast majority of capital and agency are held by the top 1% and to a lesser degree, the top 5%. The actual capital and agency of those below the 5% mark falls off rapidly, effectively reaching near-zero about the 15% mark.
As the chart "wages aren't keeping up" shows, the purchasing power of "middle class" wages has plummeted, meaning less income is available after paying all the big-ticket essential expenses. The Federal Reserve has played a game of lowering interest rates so households can lower their interest expenses by refinancing their mortgages, but this game has ended; interest rates cannot drop any further without entering negative rates, a zone of insolvency for the banking sector.
In other words, the game of creating the illusion of real wage gains is over.
What happens when America finally admits its middle class is a phantom of feel-good fantasy? We may well find out in the next four years.
* * *
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
SATURDAY, DEC 26, 2020 - 12:30
Authored by Charles Hugh Smith via OfTwoMind blog,
What happens when America finally admits its middle class is a phantom of feel-good fantasy? We may well find out in the next four years.
Of the many things we cannot bring ourselves to admit, one of the most consequential is that our vaunted middle class is illusory, a phantom of our imagination rather than a reality. The reality is the vast majority of the nation's wealth and income has been diverted from the middle class to those at the pinnacle of the wealth-power pyramid and the technocrat / financier insider class (the top 10%) that serves the interests of those at the pinnacle.
This transfer has accelerated rapidly in the 21st century as virtually all the real income gains of the past 20 years have flowed to the top 0.1%. This RAND study found that America's elites siphoned $50 trillion into their own pockets in the past two generations: Trends in Income From 1975 to 2018. (Please look at the "Fruits of Financialization" chart below.)
The earnings of the top 0.1% grew 15 times faster than the earnings of the bottom 90% (See chart below)...
...as wages' share of the economy continues its 50-year decline...
As for wealth: the top 0.1% own more than the bottom 80% (see chart below) and the top 1% own 40% of all private wealth and the top 10% own 90%.
If the top 10% own 90% of the wealth and has captured virtually all the income gains of the past 20 years, then isn't it obvious America has no middle class? What the traditional middle class--generally defined as the 50% between the bottom 40% and the top 10%--own is debt and a feeble grasp on very thin reeds of capital.
Please ponder the chart below of the $1.7 trillion in student loan debt burdening those who bought the narrative that a college diploma was a passport to the security of the middle class. The debt load carried by those clinging on to aspirations of middle class security is staggering. As I've noted here before, burdening powerless students with uncertain futures with trillions in high-interest debt would have been viewed as criminal two generations ago, but now it's celebrated by those reaping the interest from precariat debt-serfs.
Broadly speaking, the key assets of the middle class are capital and agency, with capital being defined as financial, intellectual and social capital that generates income, earned and unearned, and agency defined as control over one's life and options and having a say in public decision-making.
Understood in this way, the 50% between the bottom 40% and the top 10% own precious little income-producing capital and possess very little agency. The political class serves the top 0.1% and only gives lip-service to the PR-worthy convention of a middle class in the form of platitudes. In terms of control over one's options, those claiming middle class status cling to jobs because they need the healthcare insurance coverage provided by the employer, not because the job is rewarding.
As for possessing skills, much of the workforce has few producer skills, as the consumer economy devotes inordinate attention not to producing but to marketing, speculation and complying with counterproductive regulations and bureaucratic file-shuffling.
Once the con of printing trilions of dollars out of thin air dissolves and the nation has to balance its books in the real world, these file-shuffling and speculative skills will no longer generate meaningful income.
The last vestiges of financial security for the middle 50% are pensions and ownership of a home, which is less a real asset and more a call-option on the current housing bubble. This phantom "wealth" is one encounter with reality away from disappearing into the mists of speculative extremes imploding.
As for pensions, these promises on future energy and income gains are only geared for an economy of ever-expanding energy, productivity and production of surplus goods and services. As America has substituted speculation for these real-world gains, pensions are also one encounter with reality away from disappearing into the mists.
The American Dream was based on broad-based access to acquiring capital and agency, access which has narrowed to the top slice of the economic order. Even the top 10% is misleading, as the vast majority of capital and agency are held by the top 1% and to a lesser degree, the top 5%. The actual capital and agency of those below the 5% mark falls off rapidly, effectively reaching near-zero about the 15% mark.
As the chart "wages aren't keeping up" shows, the purchasing power of "middle class" wages has plummeted, meaning less income is available after paying all the big-ticket essential expenses. The Federal Reserve has played a game of lowering interest rates so households can lower their interest expenses by refinancing their mortgages, but this game has ended; interest rates cannot drop any further without entering negative rates, a zone of insolvency for the banking sector.
In other words, the game of creating the illusion of real wage gains is over.
What happens when America finally admits its middle class is a phantom of feel-good fantasy? We may well find out in the next four years.
* * *