The coming economic crisis will be worse than any the world has seen before because all the countries in the Western world will become impoverished simultaneously and be unable to help one another.“Most people have not noticed yet because at the moment governments can afford to give them subsidies and welfare payments. But the question is: ‘For how long?’ We know this money is coming to an end and that it will soon be over. Next you will see massive unemployment all over Europe as one country pulls down another country.”
It was the decline of Germany’s Weimar Republic — a period of high unemployment, deprivation, and hyperinflation — which led to the rise of Hitler. But however bad it might have been, the coming depression is going to be much worse because society is more atomised and less family-oriented and religious.“We are seeing the destruction of the economy in all Western countries — from the U.S. and Canada to New Zealand and Western Europe. 2020 as been a big catastrophe in the making. It’s just not here yet but it will be worse — much, much worse — than Weimar.”
The other factor which is going to make this depression almost uniquely horrible is that because all the small businesses are being methodically and deliberately wiped out by government fiat, there will be nothing to make ordinary life bearable.“In Weimar you still had large parts of the population who were religious — which gave them a sense of community and mutual help. They also had strong families. Now from Spain to Ireland, you have single households, which is going to make it much harder for people to survive.”
This has nothing to do with the virus, says Professor Mueller, and everything to do with government policy: “The real pandemic will be the effect of the lockdown.”“We know, for example, that Argentina has had economic crashes. But they were always survivable because there were always small businesses — you could get your car repaired, go to the butcher for meat, the bars and cafes stayed open. In this new crash the bars and cafes will be all closed.”
While Mueller says the prognosis is bleak, his disastrous scenario may not come to fruition if Western economies see sense.“We had a foretaste in 2008. You remember the pictures of lines of people waiting to draw their cash from the bank? This could well happen because you will have a collapse of credit… Unemployment will come. The government will have no funds. It will be mega inflation or a major contraction.
“It was not the virus that did this. It was the lockdown. Most people cannot comprehend it because the dimension explodes anything we are used to.
“History has many examples where we ask ‘How could they do this?’ But they did.
“One should not bank on having money. People say: ‘Oh I have a pension.’ But the government won’t be able to pay your pension. ‘Oh I have some savings.’ But you won’t have any access to your savings account.”
He says he takes no pleasure in warning of disaster.“This will end the lockdowns. There will be a strong, quick recovery. And the Europeans will follow.”
“I hope it will not happen. I do not make prophecies. I only see the implications of what is happening now with lockdowns, what the future looks like.”
The coming economic crisis will be worse than any the world has seen before because all the countries in the Western world will become impoverished simultaneously and be unable to help one another.“Most people have not noticed yet because at the moment governments can afford to give them subsidies and welfare payments. But the question is: ‘For how long?’ We know this money is coming to an end and that it will soon be over. Next you will see massive unemployment all over Europe as one country pulls down another country.”
It was the decline of Germany’s Weimar Republic — a period of high unemployment, deprivation, and hyperinflation — which led to the rise of Hitler. But however bad it might have been, the coming depression is going to be much worse because society is more atomised and less family-oriented and religious.“We are seeing the destruction of the economy in all Western countries — from the U.S. and Canada to New Zealand and Western Europe. 2020 as been a big catastrophe in the making. It’s just not here yet but it will be worse — much, much worse — than Weimar.”
The other factor which is going to make this depression almost uniquely horrible is that because all the small businesses are being methodically and deliberately wiped out by government fiat, there will be nothing to make ordinary life bearable.“In Weimar you still had large parts of the population who were religious — which gave them a sense of community and mutual help. They also had strong families. Now from Spain to Ireland, you have single households, which is going to make it much harder for people to survive.”
This has nothing to do with the virus, says Professor Mueller, and everything to do with government policy: “The real pandemic will be the effect of the lockdown.”“We know, for example, that Argentina has had economic crashes. But they were always survivable because there were always small businesses — you could get your car repaired, go to the butcher for meat, the bars and cafes stayed open. In this new crash the bars and cafes will be all closed.”
“We had a foretaste in 2008. You remember the pictures of lines of people waiting to draw their cash from the bank? This could well happen because you will have a collapse of credit… Unemployment will come. The government will have no funds. It will be mega inflation or a major contraction.
While Mueller says the prognosis is bleak, his disastrous scenario may not come to fruition if Western economies see sense.“It was not the virus that did this. It was the lockdown. Most people cannot comprehend it because the dimension explodes anything we are used to.
“History has many examples where we ask ‘How could they do this?’ But they did.
“One should not bank on having money. People say: ‘Oh I have a pension.’ But the government won’t be able to pay your pension. ‘Oh I have some savings.’ But you won’t have any access to your savings account.”
He says he takes no pleasure in warning of disaster.“This will end the lockdowns. There will be a strong, quick recovery. And the Europeans will follow.”
“I hope it will not happen. I do not make prophecies. I only see the implications of what is happening now with lockdowns, what the future looks like.
How much further, then, the Great Reset would take us toward the kinds of restrictions imposed under feudalism, including the economic stasis that feudalism entailed!With our attempts to use the old apparatus of restrictionism as an instrument of almost day-to-day adjustment to change we have probably already gone much further in the direction of central planning of current activity than has ever been attempted before….It is important to realize in any investigation of the possibilities of planning that it is a fallacy to suppose capitalism as it exists to-day is the alternative. We are certainly as far from capitalism in its pure form as we are from any system of central planning. The world of to-day is just interventionist chaos.8
Meanwhile, as FEE and others have noted, there is no evidence that the lockdowns have done anything to slow the spread of the virus. Likewise, there is no evidence that Black Lives Matter has done anything to help black lives. If anything, the riotous and murderous campaigns of Black Lives Matter and Antifa have proven that black lives do not matter to Black Lives Matter.7.5 million small businesses in America are at risk of closing their doors for good. A more recent survey showed that even with federal loans, close to half of all small business owners say they’ll have to shut down for good. The toll has already been severe. In New York alone, stay-at-home orders have forced the permanent closure of more than 100,000 small businesses.10
With all the talk about dark winters from Biden, Harris, Fauci, tyrannical Democrat governors, pandemic hysteria medical “experts”, and the corporate media paid to propagate the vital narrative, my mind was naturally drawn to the words of J.R.R. Tolkien and his Lord of the Rings trilogy. It is a story of good versus evil, with a foreboding mood of darkness and doom.“It’s like in the great stories, Mr. Frodo. The ones that really mattered. Full of darkness and danger they were. And sometimes you didn’t want to know the end. Because how could the end be happy? How could the world go back to the way it was when so much bad had happened? But in the end, it’s only a passing thing, this shadow. Even darkness must pass. A new day will come. And when the sun shines it will shine out the clearer. Those were the stories that stayed with you. That meant something, even if you were too small to understand why. But I think, Mr. Frodo, I do understand. I know now. Folk in those stories had lots of chances of turning back, only they didn’t. They kept going, because they were holding on to something. That there is some good in this world, and it’s worth fighting for.”
- J.R.R. Tolkien
I find the words of Tolkien inspiring and hopeful in this time of danger and deceit. To those of us who still believe the founding principles of our country, as documented in the Constitution, need to be upheld and honored by those we have chosen to represent us, a darkness has descended upon our world endangering our way of life and threatening to turn the world into a communist nightmare of impoverishment, retribution and one world government run by billionaire oligarchs and their worthless bureaucratic state cronies.
The inevitability of decline is true for humans, as well as civilizations, empires, and ages. The Great Reset/Davos crowd wants to transform our world into a green utopia, ruled by those who fervently believe they are more intelligent than those they rule, because they equate ill-gotten wealth with intellectual superiority. The truth is, these narcissistic psychopath lords are going to die, just like the serfs they want to entrap in servitude to their one world government.“War must be, while we defend our lives against a destroyer who would devour all; but I do not love the bright sword for its sharpness, nor the arrow for its swiftness, nor the warrior for his glory. I love only that which they defend.” ― J.R.R. Tolkien, The Two Towers
“The treacherous are ever distrustful.” ― J.R.R. Tolkien, The Two Towers
It isn’t a coincidence Tolkien wrote his epic battle between good and evil during the last Fourth Turning. The existing order is always swept away during a Fourth Turning and replaced by something – better or worse. That is why I find its themes so prevalent, as we confront our own epic battle with the forces of evil.“It is not despair, for despair is only for those who see the end beyond all doubt. We do not.” ― J.R.R. Tolkien, The Fellowship of the Ring
“Oft hope is born when all is forlorn.” ― J.R.R. Tolkien, The Return of the King
“Courage is found in unlikely places.” ― J.R.R. Tolkien
We cannot let the “new normal” or “great reset” take hold. If it is up to Klaus and his crew, you will be permanently masked, mandatorily vaccinated, eternally locked down, perpetually impoverished and forever dependent upon a central authority to provide minimal sustenance and maximum punishment for disobedience.“I wish it need not have happened in my time,” said Frodo. “So do I,” said Gandalf, “and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us.” – J.R.R. Tolkien
The dictatorship of the Chinese Communist Party is allied to the global deep state, on the one hand, so that together they can attain the goals that they have in common, on the other hand because the plans for the Great Reset are an opportunity to increase the economic power of China in the world, beginning with the invasion of national markets. At the same time that it pursues this project in its foreign policy, China is pursuing a domestic plan to restore the Maoist tyranny, which requires the cancellation of religions (primarily the Catholic religion), replacing them with a religion of the State which definitely has many elements in common with the universal religion desired by globalist ideology, whose spiritual leader is Bergoglio.
The complicity of Bergoglio’s deep church in this infernal project has deprived Chinese Catholics of the indefectible defense that the Papacy had always been for them. Up until the papacy of Benedict XVI, the papacy had not made any agreements with the Beijing dictatorship, and the Roman Pontiff retained the exclusive right to appoint bishops and govern dioceses. I recall that even at the time of the Bill Clinton administration during the 1990s, former Cardinal McCarrick was the point of contact between the deep church and the American deep state, carrying out political missions in China on behalf of the US administration. And the suspicions that the resignation of Benedict XVI involved China are quite strong and coherent with the picture that has been emerging in recent months.
Thus we find ourselves faced with an infamous betrayal of the mission of the Church of Christ, carried out by her highest leaders in open conflict with those members of the Chinese Catholic underground hierarchy who have remained faithful to Our Lord and to His Church. My affectioned thoughts and prayers are with them and with Cardinal Zen, an eminent confessor of the faith, whom Bergoglio recently shamefully refused to receive.
We believers must act on the spiritual level by fervent prayer, asking God to give special protection to the Church in China, and also by continually denouncing the aberrations carried out by the Chinese regime. This action must be accompanied by a work of raising awareness within governments and international institutions that have not been compromised by the Chinese communist dictatorship, so that the violations of human rights and the attacks on the freedom of the Catholic Church in China may be denounced and punished with sanctions and strong diplomatic pressure. And this is the line that President Trump is pursuing with decisive courage. Beijing’s complicity with political and religious elements that are involved in murky operations of speculation and corruption must likewise be exposed. These profit-driven dealings constitute a very grave act of treason by politicians and public officials against their nation and also a grave betrayal of the Church by the men who lead her. I also think that in some cases this betrayal is not only carried out by individuals but also by the institutions themselves, as in the case of the European Union, which is currently finalizing a commercial agreement with China despite its systematic violation of human rights and its violent repression of dissent.
2. You have been very confident that God desires a Trump victory in order to defeat the forces of evil inherent in the globalists’ Great Reset. What would you say to convince the naysayers who are ambivalent to the idea that this is a momentous battle between the children of light and the children of darkness?It would be an irreparable disaster if Joe Biden, who is heavily suspected of being complicit with the Chinese dictatorship, would be designated as President of the United States.
I simply consider who Trump’s adversary is and his numerous ties to China, the deep state, and the advocates of globalist ideology. I think of his intention to condemn us all to wear masks, as he has candidly admitted. I think of the fact that, incontestably, he is only a puppet in the hands of the elite, who are ready to remove him as soon they decide to replace him with Kamala Harris.
3. You seem to suggest that the Trump Administration could be instrumental in helping to return the Church to a pre-Francis Catholicism. How does the Trump Administration accomplish that, and how can American Catholics work to save the world from this globalist ‘reset’?Beyond the political alignments, we must further understand that – above all in a complex situation like the present one – it is essential that the victory of the one who is elected President must be guaranteed in its absolute legal legitimacy, avoiding any suspicion of fraud and taking note of the overwhelming evidence of irregularities that have emerged in several states. A President who is simply proclaimed as such by the mainstream media affiliated with the deep state would be deprived of all legitimacy and would expose the nation to dangerous foreign interference, as has already been shown to have happened in the current election.
Bergoglio’s subservience to the globalist agenda is obvious, as well as his active support for the election of Joe Biden. In the same way, Bergoglio’s hostility to Trump and his repeated attacks against the President are evident. It is clear that Bergoglio considers Trump as his principal adversary, the obstacle that needs to be removed so that the Great Reset can be put in motion.
Thus on the one hand we have the Trump administration and the traditional values that it holds in common with those of Catholics; on the other hand, we have the deep state of the self-styled Catholic Joe Biden, who is subservient to the globalist ideology and its perverse, anti-human, antichristic, infernal agenda.
In order to put an end to the deep church and restore the Catholic Church, the extent of the involvement of the leaders of the Church with the Masonic-globalist project will have to be revealed: the nature of the corruption and crimes that these men have carried out, thereby making themselves vulnerable to blackmail, just as happens in a similar way in the political field to members of the deep state, beginning with Biden himself. Thus it is to be hoped that any proof of such crimes that are in the possession of the Secret Services would be brought to light, especially in relation to the true motives that led to the resignation of Benedict XVI and the conspiracies underlying the election of Bergoglio, thereby permitting the expulsion of the mercenaries who have seized control of the Church.
4. Against all odds, average Americans are fighting to expose the massive and coordinated theft of our election: what advice would you give to our recalcitrant politicians about what is at stake for our nation and the world if we submit to this theft?American Catholics still have time to denounce this global subversion and stop the establishment of the New Order: let them think about what sort of future they want for the coming generations, and of the destruction of society. Let them think about the responsibility that they have before God, their children, and their nation: as Catholics, as fathers and mothers of their families, and as patriots.
The Truth can be denied by the majority for a certain amount of time, or by some people forever, but it can never be hidden from everyone forever. This is the lesson of History, which has inexorably revealed the great crimes of the past and those who perpetrated them.
5. In your letter to the President on October 25, the Solemnity of Christ the King, you spoke of the efforts of the deep state as “the final assault of the children of darkness.” There is a concerted effort by the globalists and their media partners to conceal and obscure the true tyrannical agenda implicit in the Great Reset, by calling it a wild conspiracy theory. What would you say to the skeptics who blissfully ignore the signs and plan to submit humanity to the domination of the global elites?Thus I invite politicians, beyond their political loyalties, to become champions of the Truth, to defend it as an indispensable treasure which alone can guarantee the credibility of institutions and the authority of the people’s representatives, in accord with the mandate they have received, the oath they have sworn to serve their country, and their moral responsibility before God. Each one of us has a role that Providence has entrusted to us, and which it would be culpable to shrink from. If the United States misses this opportunity, now, it will be wiped out from History. If it allows the idea to spread among the masses that the electoral choice of the citizens – the first expression of democracy – can be manipulated and thwarted, it will be complicit in the fraud, and will certainly deserve the execration of the entire world, which looks to America as a nation which has fought for and defended its freedom.
The plan of the Great Reset makes use of the mainstream media as an indispensable ally: the media corporations are almost all actively part of the deep state and know that the power that will be guaranteed to them in the future depends exclusively on their slavish adherence to its agenda.
Labeling those who denounce the existence of a conspiracy as “conspiracy theorists” confirms, if anything, that this conspiracy exists, and that its authors are very upset at having been found out and reported to public opinion. And yet they themselves have said it: Nothing will be the same again. And also: Build Back Better, in an effort to make us believe that the radical changes they want to impose have been made necessary by a pandemic, by climate change, and by technological progress.
Years ago, those who spoke of the New World Order were called conspiracy theorists.
Today, all of the world’s leaders, including Bergoglio, speak with impunity about the New World Order, describing it exactly in the terms that were identified by the so-called conspiracy theorists. It is enough to read the globalists’ declarations to understand that the conspiracy exists and that they pride themselves on being its architects, to the point of admitting the need for a pandemic in order to reach their objectives of social engineering.
To the skeptics, I ask: if the models that are proposed to us today are so terrible, what will our children be able to expect when the elite will have succeeded in taking total control over the nations? Families without father and mother, polyamory, sodomy, children who can change their sex, the cancellation of Religion and the imposition of an infernal cult, abortion, and euthanasia, the abolition of private property, a health dictatorship, a perpetual pandemic. Is this the world that we want, that you want for yourselves, your children, and your family and friends?
6. You have repeatedly warned that the ‘deep state’ and ‘deep church’ have colluded to plot in various ways to overthrow Benedict as well as President Trump. Besides Theodore McCarrick, who else is behind this infernal alliance, and how do Catholics undermine and expose it?We must all become aware of how much the proponents of the New World Order and the Great Reset hate the inalienable values of our Greco-Christian civilization, such as Religion, the family, respect for life and the inviolable rights of the human person, and national sovereignty.
It is apparent that McCarrick acted on behalf of the deep state and the deep church, but he certainly did not do it alone. All of his activity suggests a very efficient organizational structure composed of people whom McCarrick had promoted and covered by other accomplices.
The events that led to the resignation of Benedict XVI still need to be clarified, but one of the members of the deep church, the deceased Cardinal Danneels, a Jesuit like Bergoglio, admitted that he was a part of the so-called Saint Gallen Mafia, which essentially worked to bring about the “springtime of the Church” which John Podesta, Hillary Clinton’s chief of staff, wrote about in his emails published by Wikileaks.
Thus there is a group of conspirators who have worked and still work in the heart of the Church for the interests of the elite. Most of them are identifiable, but the most dangerous are those who do not expose themselves, those whom the newspaper never mentions. They will not hesitate to force Bergoglio to resign also, just like Ratzinger, if he does not obey their orders. They would like to transform the Vatican into a retirement home for popes emeriti, demolishing the papacy and securing power: exactly the same as what happens in the deep state, where, as I have already said, Biden is the equivalent of Bergoglio.
In order to bring down the deep state and the deep church, three things are essential:
1) first of all, becoming aware of what globalism’s plan is, and to what extent it is instrumental to the establishment of the kingdom of the Antichrist since it shares its principles, means, and ends;
2) secondly, firmly denouncing this infernal plan and asking the Shepherds of the Church – and also the laity – to defend her, breaking their complicit silence: God will demand of them an account for their desertion;
3) finally, it is necessary to pray, asking the Lord to grant each one of us the strength to resist – resistite fortes in fide, Saint Peter warns us – against the ideological tyranny that is daily imposed on us not only by the media but also by the cardinals and bishops who are under Bergoglio’s thumb.
+ Carlo Maria Viganò, ArchbishopIf we can prove ourselves strong in facing this trial; if we know how to hold ourselves anchored to the rock of the Church without allowing ourselves to be seduced by false Christs and false prophets, the Lord will permit us to see – at least for now – the defeat of the assault of the children of darkness against God and men. If out of fear or complicity we follow the prince of this world, denying our Baptismal promises, we will be condemned with him to inexorable defeat and eternal damnation. I tremble for those who do not realize the responsibility that they have before God for the souls that He has entrusted to them. But to those who fight courageously to defend the rights of God, the Nation, and the Family, the Lord assures his protection. He has placed His Most Holy Mother at our side, the Queen of Victories and the Help of Christians. We invoke Her faithfully during these difficult days, confidently certain of Her intervention.
Collectivist planning might or might not run into the calculation problem, depending upon whether or not a market in the factors of production is retained. If a market for the factors of production is maintained, then the calculation problem would not strictly apply.“An aristocratic dictatorship, for example, may use the same methods to further the interest of some racial or other elite or in the service of some other decidedly anti-equalitarian purpose.”
How much further, then, the Great Reset would take us toward the kinds of restrictions imposed under feudalism, including the economic stasis that feudalism entailed!With our attempts to use the old apparatus of restrictionism as an instrument of almost day-to-day adjustment to change we have probably already gone much further in the direction of central planning of current activity than has ever been attempted before….It is important to realize in any investigation of the possibilities of planning that it is a fallacy to suppose capitalism as it exists to-day is the alternative. We are certainly as far from capitalism in its pure form as we are from any system of central planning. The world of to-day is just interventionist chaos.
Meanwhile, as FEE and others have noted, there is no evidence that the lockdowns have done anything to slow the spread of the virus. Likewise, there is no evidence that Black Lives Matter has done anything to help black lives. If anything, the riotous and murderous campaigns of Black Lives Matter and Antifa have proven that black lives do not matter to Black Lives Matter. In addition to murdering black people, the Black Lives Matter and Antifa rioters have done enormous damage to black businesses and neighborhoods, and thus to black lives.7.5 million small businesses in America are at risk of closing their doors for good. A more recent survey showed that even with federal loans, close to half of all small business owners say they’ll have to shut down for good. The toll has already been severe. In New York alone, stay-at-home orders have forced the permanent closure of more than 100,000 small businesses.
We have been poisoning air, land and water – and filling oceans with plastics. Now, nature is striking back: temperatures are reaching record highs, biodiversity is collapsing, deserts are spreading, [and] fires, floods and hurricanes are more frequent and extreme… We are extremely fragile.
[…]
The U.N. chief, 71, said he envisaged a new future alignment between “public and private financial flows” that obeyed the Paris Agreement commitments to “integrate the goal of carbon neutrality into all economic and fiscal decisions.”Pandemic recovery is our chance to change course. With smart policies and the right investments, we can chart a path that brings health to all, revives economies and builds resilience and rescues biodiversity.
Organized by the French Government in partnership with the United Nations and the World Bank, the One Planet Summit brought together world leaders “to commit action to protect and restore bio-diversity.” Due to the coronavirus outbreak, the event was largely virtual.As we rebuild, we cannot revert to the old normal.
Pandemic recovery is our chance to change course.
With smart policies and the right investments, we can chart a path that brings health to all, revives economies and builds resilience – @antonioguterres #OnePlanetSummit pic.twitter.com/bdX0HxZIKV
— UN Spokesperson (@UN_Spokesperson) January 11, 2021
Here’s what Guterres demanded the nations of the world do:In overcoming #COVID19, we can also avert climate catastrophe and restore our planet.
We have a chance to not simply reset the world economy but to transform it.
Pandemic recovery and our planet’s repair can be two sides of the same coin. Secretary-General's address at Columbia University: "The State of the Planet" [scroll down for language versions] #ClimateAction pic.twitter.com/7R5pNOtfbT
— António Guterres (@antonioguterres) December 2, 2020
He may not expect it, but traders are: investors ramped up yields on Treasuries to nearly 1.20%, before two strong auctions helped ease rates which were redlining to the point that stocks started selling off. It also prompted coordinated verbal intervention by two of the Fed's top three officials: Fed vice chair Clarida and governor Lael Brainard spoke on Wednesday and each sought to assure markets that no tapering, and certainly no rate hikes are coming any time soon.In the past week, four of the Fed’s 18 policy makers have publicly raised the prospect they may discuss reducing bond buying -- currently running at $120 billion a month -- by year’s end. In contrast, several others have called the debate premature and Fed Vice Chairman Richard Clarida, the most senior central banker to weigh in, has said he doesn’t expect any changes before 2022.
Clarida went further - as in beyond the purposefully nebulous "quite some time" - and said that the Fed will not raise interest rates until inflation has been at 2% for a year.“The economy is far away from our goals in terms of both employment and inflation, and even under an optimistic outlook, it will take time to achieve substantial further progress,” Brainard said Wednesday in a virtual speech to the Canadian Association for Business Economics. “Given my baseline outlook, I expect that the current pace of purchases will remain appropriate for quite some time.”
Those two are the doves. What about the hawks?“I went into this quite skeptical about makeup strategies as a practical tool for central banks. And you’ll see that there really is not much of a make-up element in this at all, other than we’re not going to lift off until we get 2% inflation for a year.”
“I do think there is some possibility that the economy could come back a bit stronger than some are expecting,” Bostic said on Monday.
And since tapering would need to take place at least 6-9 months before this, the rates selloff resumed. It's also why both Clarida and Brainard had to step up today and explain there would be no rate hikes until 2023 at the earliest.“If that happens, I’m prepared to support pulling back and recalibrating a bit of our accommodation and then considering moving the policy rate. But I don’t see that happening in 2021. A whole lot would have to happen for us to get there. And then we will see into 2022, maybe the second half of 2022 or even 2023 where that might be more in play,” Bostic says in virtual discussion hosted by the Rotary Club of Atlanta
"This is a huge logistical challenge and there have been hiccups to start,” he says. If there are delays, “then that real recovery is not going to start for that much longer and it will be more difficult and more protracted."
“We might actually see rebounds in inflation that are stronger than what people are expecting and we have got to leave ourselves open to that possibility. I’m going to be watching very closely to see how strongly inflation rebounds and I am hopeful we will get to our 2% target faster rather than slower."“Until the public-health issues get resolved, the economy will not be able to just move forward in a robust and strong way as possible" he said adding that getting the population vaccinated is “hugely important."
What's universal basic income, you ask? Think helicopter money and magic money tree, on steroids."The guaranteed basic income discussion is an important one. I think that conversation is one we should continue to have and think about."
As a result, allies have little choice but to question their decision to entrust their security to the United States. There were already doubts on this front, as a result of some actions during the Obama administration and even more under Trump (attacking allies, cozying up to dictators, acting unilaterally and unpredictably).Their fear is that even after Trump leaves the Oval Office, he will remain on the political scene.
Some procedural changes—open primaries, ranked choice voting, steps to make it easier to vote whether in person or by mail—can help. So would reduced gerrymandering, either through judicial action or through the work of bipartisan commissions to redraw congressional districts. At the end of the day, however, it will be up to voters. They will have to decide whether those who enabled Trump are worthy of their support going forward. Republicans have to decide whether their party is to be more conservative than radical (and if a majority opts for the latter, conservatives will have to decide whether to bolt and form a new party).American democracy cannot work if one of its major parties rejects the notion of loyal opposition and defines itself not in terms of what it can do but only in terms of what it can prevent.
Trump’s “refusal to take the pandemic seriously” and his “personal indifference to the crisis” highlights “the degree to which leadership undergirds organisational preparation,” the Lancet claims in its intemperate rant.…systematically weakened the role of science in federal policy, stacked review boards with industry figures, rolled back industrial and environmental regulations across government, and placed people in administrative positions in science and health agencies hostile to their missions. Trump has consistently undermined the independence and effectiveness of US science institutions.
According to Sorkin's column, "the memo comes from an under-the-radar group of global boldfaced names that act as a private advisory committee to JPMorgan Chase. They include Tony Blair, the former British prime minister; Condoleezza Rice and Henry Kissinger, two former secretaries of state; Robert Gates, the former secretary of defense; Alex Gorsky, chief executive of Johnson & Johnson; Bernard Arnault, chairman of LVMH; and Joseph C. Tsai, executive vice chairman of Alibaba, among others.""The problem the critics of @JoeBiden's program have is that we tried the approach they're describing. What they want Joe Biden to do is what Donald Trump has been doing for 4 years and it's a failure. It's a failed presidency," says @Austan_Goolsbee on the Biden economic plan. pic.twitter.com/VQLw4GJwEP
— Squawk Box (@SquawkCNBC) January 19, 2021
In an example of just how out-of-touch this memo's authors apparently are, it argues that the COVID-19 outbreak is an example of the shortcomings of those who are skeptical of the globalist system.Without saying it in so many words, the group argues that engaging in policy and commerce with other countries isn’t a sign of weakness or against the interests of the country. In many ways, it is actually “America First.” “The purpose of cooperation is not to put someone else’s interest before those of your own country,” Mr. Blair told me about the discussions among the group. “Enlightened self-interest is best satisfied by people working together.” On this point, Mr. Gates, who was the secretary of defense under President George W. Bush, added that the government has failed to “bring home to the American people why international cooperation and engagement on the international front and the relationships with our allies, why that all serves Americas self-interest.”
Even as Mike Pompeo labels China's treatment of the Uyghers a "genocide", the paper argues for greater cooperation on everything from saving the climate to "issues of global health"."The near-total absence of American leadership, coupled with the nationalist approach of too many countries, have come at the expense of a strategically coherent, international response to the pandemic," the paper contends. Mr. Blair said that, while everyone involved in the group didn’t agree on every point in the document, it reflected the broad consensus.
Sorkin acknowledges that Trump-aligned voters, as well as many on the Democratic Party's left flank, might have serious problems with the memo, given the fact that it was written by the very architects of the free-trade system that hollowed out American factories.The memo calls for a return to engaging with China, especially on climate issues and global health, while acknowledging the "significant challenge" the country poses. "The best outcome for US-China relations is likely managed competition — an accommodation that avoids military conflict while allowing for limited cooperation," it reads. "It is impractical to think that supply chains and manufacturing can be moved simply, affordably or comprehensively out of China."
The document also calls for placing renewed importance on the G7 and G20. It urges the creation of “trusted supply chains" and places responsibility on the business community to engage with policymakers "from the point-of-view of the public interest, not simply narrow business interests."
Some will fairly question the group’s intentions. After all, a message being delivered by the nation’s biggest bank - and a group of chief executives and former senior policymakers - may only encourage the idea that there is a supersecret cabal of puppeteers steering policy.
Tony Blair says he understands why people are skeptical, or even furious at, the globalist elite. But they're not so bad, he says. In reality, the system they're advocating is simply "common sense". Dimon says that involving the business community and other stakeholders can help undo some of the mistakes of the past.The idea that the Biden administration might take this group’s advice might be considered anathema to his supporters on the far left just as much as it is to his opponents on the far right.
Mr. Blair said he understood the skepticism of the motives of the global elite. “Politically this is my view: You’ve had genuine grievances, which populism has exploited, but too much of those opposed to populism have simply stood for better management of the status quo,” he said. Mr. Dimon said that one of the few ways that the status quo, and the inequality it created, can be undone is if his peers start advocating for policies that may be against their own short-term business interests.
“I’d like to criticize business for a second,” he said in an interview, describing how he had witnessed some executives lobby for their business or themselves, knowingly at the expense of society. “I’ve been to a lot of meetings with presidents and prime ministers and senators and congressmen, and the selfishness and parochialism with the business folks is just absolutely outrageous.”
“The first thing businesses should do is separate their company’s interests from what’s in the interest of the country,” he added.
As an example, he took a shot at the private equity industry, which happens to provide some his bank’s biggest clients. "I mean, we still have carried interest in this country?” he said, questioning the special, lower tax rate that private equity executives enjoy. “When you look at those things, I feel like the American public says, 'It's a swamp.' And they’re saying 'I'm not getting my piece of it,' you know?"
Mr. Dimon said that, ultimately, many of the big challenges the country faces during and after the pandemic will require private-sector investment from around the world, and gaining the trust of the public is crucial.
Sorkin's column ends with an analogy, reportedly sourced to Dimon, about FDR overcoming his hostilities with big business to build the War Production Board and staff it with captains of industry like Walter Chrysler."It’s unlikely to be fixed without business, particularly when you get around to things like work skills, property and building infrastructure," he said.
Seven Senate Democrats are asking the Ethics Committee to open an investigation into GOP Sens. Josh Hawley (Mo.) and Ted Cruz (Texas) over the Jan. 6 Capitol riot.
The senators filed a complaint on Thursday with the committee asking that it probe whether Hawley and Cruz’s objections to the Electoral College results violated the chamber’s ethics rules.
“The Senate Ethics Committee should investigate their conduct to fully understand their role. The actions of which we know demand an investigation and a determination whether disciplinary action is warranted. Until then, a cloud of uncertainty will hang over them and over this body,” the senators wrote.
Democratic Sens. Sheldon Whitehouse (R.I.), Ron Wyden (Ore.), Tina Smith (Minn.), Richard Blumenthal (Conn.), Mazie Hirono (Hawaii), Tim Kaine (Va.) and Sherrod Brown (Ohio) teamed up on the ethics complaint.
Here’s the cover of the magazine in its entirety for you to have a look at:Describing Trump supporters as a cult has become a trope among his Democratic critics. Which seems ironic, considering how the very same crowd in the past four years tended to invest emotionally in whoever they hoped would end Trump’s presidency. Special Counsel Robert Muller probably received the lion’s share of the prayers, though figures like ex-FBI director James Comey or even Trump’s fixer-turned-critic Michael Cohen basked in some limelight. –RT
Biden’s larger-than-life, bare-chested figure is shown surrounded by ‘holy spirits’ of Twitter and ‘saints’. The latter include kneeling Democrat leaders in the US Congress, Dr. Anthony Fauci, fawning journalists, and manager-class devotees eagerly consuming the ‘holy scripture’ from what is probably the latest Barack Obama memoir. The former president himself is shown as a six-winged seraphim bracketed by the likewise angelic Hillary and Bill Clinton, with the trio gazing benignly from the heavens. A crowd of mask-wearing suburban laymen on Earth celebrates Biden’s ascension. A pair of Reaper drones complete the picture, providing a clear hint for the doubtful that the image should be taken with a grain of salt.-RT
It is way past time to figure out that this is the plan. One world government, worshipped under the one world religion where the very few control and enslave the many. Trump obviously didn’t do anything he promised, such as drain the swamp, and people are still worshipping him as some sort of messiah as well. Stop allowing others to rule over you and making exceptions if one has a different letter behind his name.So the left went from keep religion out of government at all costs to the government is our religion
— Facetious Libertarian (@libertarianwin) January 20, 2021
One of the major practical issues with stakeholder capitalism is that there are too many needs to balance and pursue, leading a company to be confused about its goals and therefore directionless. This results in "garbage can organizations" that ultimately flounder and fail.Stakeholder capitalism focuses on serving the needs of all their stakeholders and not just on maximizing values for shareholders.
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.The Socialist-Communist revolution often tears down a working society in their quest to “build back better.”
“Consider a global government [that] regulates multinational companies in global markets, and people gather in a global democracy and global unions. It is an unrealistic an undesirable goal, as it increases the distance between individuals and the immediate social ecosystems they are a part of. It also decreases their feeling of commitment to the people and the environment closest to them…
But then, the more I read, the more I couldn’t shake the sense that when a guy like Schwab means by the word “commitment, what he really means is “obedience”. Schwab understands that people aren’t really going to accept decisions from on high, especially if on high is a centralized world government.Though the 20th century neoliberalists once may have seen such a global model as a Utopian ideal, it would inevitably end in the political disenfranchisement of local communities. When the center of power is too far removed from people’s everyday realities, neither political governance nor economic decision-making would have popular support.”
- Stakeholder Capitalism p.181
Subsidiarity is supposed to mean “whatever can be done at lower levels of government should not be done at higher levels”, but my guess is the devil would be in the details. Like in that last sentence of the quote, when it is not feasible or effective for the “stakeholders” in Stakeholder Capitalism to decide certain matters for themselves, those will have to be decided for them.A primary principle for the implementation of Stakeholder Capitalism is therefore that of subsidiarity. It is not an untested or purely theoretical principal. Applied most famously in the governance of the European Union..it asserts that decisions should be taken at the most granular level possible, closest to where they will have the most noticeable effects. It determines, in other words, that local stakeholders should be able to decide for themselves, except when it is not feasible or effective for them to do so.
“It makes sense to coordinate this challenge first at the global level.”
As Schwab blithely bandies about various limitations and curtailments on everybody else’s range of motion and economic choices, there is never any treatment of climate change as anything but a global crisis that justifies the complete re-ordering of everybody’s lives.but then the second level is at the national level, where countries can take different approaches, a limit on auto travel would have significant effect in the United States, where cars are the primary mode of transportation. Taking a different approach, such as limiting air travel, would affect certain groups of people more than others. Subsidiarity supports a national or local level of decision making for countries to determine which path will work best for them to effectively address the global goal”.
Albeit one that provides an excellent opportunity to reorder everybody else’s lives,“Even in the worst-case horrendous scenario, COVID-19 will kill far fewer people than the Great Plagues, including the Black Deaths, or World War II did”
- COVID-19: The Great Reset p. 17
changes that would have seemed inconceivable before the pandemic struck, such as new forms of monetary policy like helicopter money (already a given), the reconsideration/recalibration of some of our social priorities and augmented search for the common good as a policy objective, the notion of fairness acquiring political potency, radical welfare and taxation measures, and drastic geopolitical realignments.
You get the point: we (as in the WEF) should take advantage of this unprecedented opportunity to reimagine your world.The broader point is this: the possibilities for change and the resulting new order are now unlimited and only bound by our imagination, for better or for worse. Societies could be poised to become either more egalitarian or more authoritarian, or geared towards more solidarity or more individualism, favouring the interests of the few or the many…
Apocalypse Never explores how and why so many of us came to see important but manageable environmental problems as the end of the world, and why the people who are the most apocalyptic about environmental problems tend to oppose the best and most obvious solutions to solving them.
Shouldn’t there be some sort of process or governance structure in there to protect the world’s citizens from being overly regulated by somebody else’s idea of what is important? Should there be some counterbalance to these unilateral assessments of when drastic measures are required, especially when those measures would supersede our own agency in ordering our lives?Shellenberger, Michael. Apocalypse Never (p. xi). Harper. Kindle Edition.
Leading Shellenberger, an environmental activist of 30 years to assert that,The worst energy accident of all time was the 1975 collapse of the Banqiao hydroelectric dam in China. It collapsed and killed between 170,000 and 230,000 people. It’s not that nuclear energy never kills. It’s that its death toll is vanishingly small. Here are some annual death totals: walking (270,000), driving (1.35 million), working (2.3 million), air pollution (4.2 million). By contrast, nuclear’s known total death toll is just over one hundred.
Part 1 of 2Nuclear is the safest way to make reliable electricity. In fact, nuclear has saved more than two million lives to date by preventing the deadly air pollution that shortens the lives of seven million people per year….
Nuclear’s worst accidents show that the technology has always been safe for the same inherent reason that it has always had such a small environmental impact: the high energy density of its fuel.
- Shellenberger, Michael. Apocalypse Never (p. 151). Harper. Kindle Edition.
(or implementing immunity passports).“Digital tatoos not only look cool but can perform useful tasks, like unlocking a car, entering mobile phone codes with a finger point or tracking body processes”
View attachment 248710
China and the New World Order
by TNA Video January 26, 2021
Rumble video on website 9:56 min
As China emerges from a primitive economy to an advanced economy, it now requires raw materials to create more finished products. This places it in direct economic competition with the countries of the West for the first time. As a result, it’s not only colonizing Africa in its search for raw materials; it’s now colonizing the United States
So says the WEF. But could there be a more plausible explanation for people’s concern about the Great Reset: that they’ve started to do their homework and don’t like what they’ve discovered.It’s not surprising that people who’ve been disenfranchised by a broken system and pushed even further by the pandemic will suspect global leaders of conspiracy.
Last year, the WEF’s founder Klaus Schwab even wrote a book celebrating the pandemic not as a crisis but an opportunity for a ‘new normal.’Welcome to 2030. I own nothing, have no privacy, and life has never been better.
But what if what most people actually want is not a ‘new normal’ but to get their old lives back as quickly as possible. Neither Schwab nor the people pushing the Great Reset appear to understand this.At the time of writing (June 2020), the pandemic continues to worsen globally. Many of us are pondering when things will return to normal. The short response is: never. Nothing will ever return to the ‘broken’ sense of normalcy that prevailed prior to the crisis because the coronavirus pandemic marks a fundamental inflection point in our global trajectory.
One of the curious aspects of the video is its criticism that, since the pandemic, the ultra rich have got richer and the poor poorer.So we can move towards a better world
This may be true but it’s a bit hypocritical coming from the WEF, given that so many of its members and speakers belong in the billionaire category that has most benefited from the pandemic.At the beginning of 2020 1 percent of the world’s population owned 44 percent of the wealth. Since the start of the pandemic, billionaires have increased theirs by more than 25 percent while the 150 million poorest have fallen back into extreme poverty.
Indeed, those who have been watching these developments closely even argue that this is the whole point. Delingpod guest Patrick M Wood told me he thinks draconian anti-coronavirus measures taken by world leaders, at the instigation of the CCP-controlled World Health Organisation, represent a deliberate and concerted attempt to crush small businesses, empower large corporations, and make ordinary people more dependent on the state.Delingpole: Bojo Tweets Praise for the Great Reset. Strap in Everyone, 2021 is Going to be a Wild Ride Delingpole: Bojo Tweets Praise for the Great Reset. Strap in, Everyone!
— Breitbart London (@BreitbartLondon) January 1, 2021
Delingpole: The Green Agenda IS the Great Reset Delingpole: The Green Agenda IS the Great Reset
— Breitbart London (@BreitbartLondon) November 24, 2020