Knoxville's Joker
Has No Life - Lives on TB
I almost think that this is a setup to get Trump in in 2024 after everyone screams enough insanity and then the swamp gets drained, after it was set ablaze under Biden...
ECON The Stock Market, Fatally Wounded By The Truth, Will Stumble and Crash
- Thread starter Doomer Doug
- Start date
-
- Tags
- corruption fraud stock market
bw
Fringe Ranger
The 2024 election is almost four years away. The herd has a short memory.
Michael Burry and Scion Capital 4 months ago had Gamestop as the hedge funds largest position. I wonder if he provided shares to help other hedge funds to close out their shorts and if so at what price(s).
If you watched the original Wallstreet the part where Gordon fronted a raiders purchase and stopped by his house to get his shares in private deal.
I assume these happen a lot more times than we ever know just because shares don’t always transact with an SEC reporting entity.
Also, before we get way far over our ski’s a tremendous volume of shares are ‘held’ outside of individual Co. trading like ETF’s and who knows what gub is willing to do to save the big money on wall street that is also lining big pockets in DC.
If you watched the original Wallstreet the part where Gordon fronted a raiders purchase and stopped by his house to get his shares in private deal.
I assume these happen a lot more times than we ever know just because shares don’t always transact with an SEC reporting entity.
Also, before we get way far over our ski’s a tremendous volume of shares are ‘held’ outside of individual Co. trading like ETF’s and who knows what gub is willing to do to save the big money on wall street that is also lining big pockets in DC.
coalcracker
Veteran Member
Interesting! I like the way you’re thinking. Uncle Sam already has rules written that allow them to collect the American Eagle Bullion coins....
SurvivalRing
Rich Fleetwood - Founder - author/coder/podcaster
Excellent share, DD. I’ve been concerned about these issues for some time, and this article aligns many things for me...
The Stock Market, Fatally Wounded by the Truth, Will Stumble and Crash
It didn't have to be this way, but this is the reality we must now face: truth is fatal to fraud, and our entire financial-political system ...charleshughsmith.blogspot.com
I have long thought that Trump's real function was to expose the corruption, much as sunlight exposes and then kills off the infection. This is what all the "silver stuff' is really about, just as exposing Robinhood, and the hedge funds and the whole lot of them as frauds.
Here is Charles Hughes Smith take on what is likely to happen on Monday, when the "silver market exposure takes place." All aspects of American society, political, military, educational, media and economic have now ALL been seen, by any body with an IQ above 8 as totally rigged, totally corrupt, and totally without any hope of reform or cleansing. Collapse yes, but reform no.
SATURDAY, JANUARY 30, 2021
The Stock Market, Fatally Wounded by the Truth, Will Stumble and Crash
It didn't have to be this way, but this is the reality we must now face: truth is fatal to fraud, and our entire financial-political system is a fraud.
The stock market has just been punctured by the thin blades of truth. It is fatally wounded but nobody dares notice. The wounds are barely visible, but the internal damage is mortal. The stock market is already stumbling and will soon crash.
The banquet's participants ignore the faltering market because the rules are we never reveal the truth, or acknowledge it, or discuss it, no matter how obvious, because truth is fatal to fraud. So the stock market's vital signs are in freefall but the conversation remains upbeat and light: stimulus, rapid growth in the second half, etc., all the patter of a carefully constructed illusion that fraud is forever as long as the truth never comes out.
Alas, the truth has emerged from the shadows, despite the silence of the insiders and the financial media. Here are the truths that have emerged like karmic genies:
1. The stock market is nothing but one giant fraud. The entire market is corrupt and rigged from the ground up. The fraud is systemic, designed into every tendril of the market. It was a useful deception to blame it all on "bad players," but now the truth has been revealed: the market is nothing but a rigged game enriching insiders.
2. The Fed is a fraud. All the Federal Reserve has accomplished in 13 years of goosing the stock market is unprecedented wealth and income inequality as the fraud of the Fed has boosted the fraud of the market, which has fatally undermined America's social and economic orders. Please read this short paragraph and let it sink in. Monopoly Versus Democracy (Foreign Affairs):
Ten percent of Americans now control 97 percent of all capital income in the country. Nearly half of the new income generated since the global financial crisis of 2008 has gone to the wealthiest one percent of U.S. citizens. The richest three Americans collectively have more wealth than the poorest 160 million Americans.
Thanks to the tightly bound frauds of the Fed and markets, the bottom 90% of Americans own essentially zero capital that produces income and the vast majority of all income gains since 2008 has been siphoned off by the top 0.1% (see chart below from the New York Times.) Three monopolists own more wealth than half the nation's citizens.
Yet the fraudsters in the Fed laughably insist their policies haven't created inequality on such a vast scale that is has destabilized the nation. The Fed's credibility is zero, yet the financial media tiptoes around, proclaiming the glory of the Emperor's illusory clothing.
3. America's system of governance is a fraud. What can we say when powerful politicians are worth over $100 million and are active participants in the most speculative excesses of the stock market, Buying More Than $1 Million In Tesla, Disney And Apple Calls In December? Do we even need to ask where their interests lie?
What can we say about a regulatory system that immediately bails out the most corrupt and destructive financiers / speculators but stands aside when the public loses trillions of dollars? The financial regulatory system is a complete fraud, devoted to bailing out the biggest insiders while ignoring the losses of the bottom 99.9%. America's financial regulations protect the corrupt, not the citizenry.
4. The wealth effect is a fraud. The Fed's entire fraudulent policy holds that if the stock market is goosed higher by Fed rigging, the phantom wealth handed to the top 0.1% will magically trickle down and benefit the bottom 90% who own no productive capital.
There is no magic; the wealth effect is a fraud. If one $5 stock (GameStop) can be pushed up to $400 in a week, why not push every $5 stock to $400? This is the essence of the wealth effect: all capital is phantom capital, a fraud balloon awaiting a pin.
The wealth effect failed, the Fed failed, regulations failed, politics failed. But thanks to the Fed and the self-serving political class, the entire U.S. economy is now utterly dependent on this completely corrupt and destabilizing fraud--the stock market. If the stock market stumbles and collapses, the economy--now totally dependent on phantom capital --also stumbles and collapses.
It didn't have to be this way, but this is the reality we must now face: truth is fatal to fraud, and our entire financial-political system is a fraud. The stock market is pale, and blood is seeping through the tuxedo, but the insiders, politicos and their toadies and apologists are nervously averting their gaze.
The market's bleeding but it can't possibly die, can it? Yes it can, and yes it will: truth is fatal to fraud, and the truth has escaped and is now free. We can't unsee what's behind the curtain.
If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.
thank you...
Doomer Doug
TB Fanatic
the fundamental requirement for economic activity is a recognition of private property rights, and trust in the system.
If my gut is correct, Survival Ring in 24 hours or so the FRAUD in the economic system is going to be outed, and when combined with the corruption of the ENTIRE political, military, media etc that has already been outed, well people will tolerate political and media
but they will explode with rage when they get cheated out of their money. Besides, there is a certain level of seething rage embedded in all of this silver and stock stuff going on. People don't really care anymore and are willing to pull the rich guy out of the lifeboat and let the sharks start to gnaw on him. 
Take down the stock market? Why should I care? and that is why these rich F$%%%% are screwed.
It is the paper, stupid. It ain't backed up by the silver ozs it is required to be. got that full faith and credit shuck and jive down pat do we! ?
Who made who?
Who will throw the other under the bus first?
Who has the best protection...like the National Guard, f'rinstance?
doctor_fungcool
TB Fanatic
the fundamental requirement for economic activity is a recognition of private property rights, and trust in the system.
If my gut is correct, Survival Ring in 24 hours or so the FRAUD in the economic system is going to be outed, and when combined with the corruption of the ENTIRE political, military, media etc that has already been outed, well people will tolerate political and media
Take down the stock market? Why should I care? and that is why these rich F$%%%% are screwed.
It is the paper, stupid. It ain't backed up by the silver ozs it is required to be. got that full faith and credit shuck and jive down pat do we! ?
Doug...you are sounding like Leon Trotsky
I'm trying to type a swear word but the software changes it.....the BORG LIVES.
I have my 401k set to conservative. That’s the best I can do because I can’t pull it out unless I quit.
I am fully vested but I can’t retire until 62. That’s their requirement or cut off. I am 60.
Is there anything else I can do? It’s all handled through a company from work. Millmen Benifits.
I am so torn. I could quit get the cash lump sum in 4 weeks. Play cash for a car and a funeral, and have some left to put back in the bank.
I feel like I should just do this anyway because Biden is in office. But this whole thing last week is a while new level.
I am fully vested but I can’t retire until 62. That’s their requirement or cut off. I am 60.
Is there anything else I can do? It’s all handled through a company from work. Millmen Benifits.
I am so torn. I could quit get the cash lump sum in 4 weeks. Play cash for a car and a funeral, and have some left to put back in the bank.
I feel like I should just do this anyway because Biden is in office. But this whole thing last week is a while new level.
Can you move out of equities? Not saying to do that but just asking if it's an option?
The market will not crash. Even if it did crash, no one would be aware of it.
Anyone see the film "Dave"?
There ya go.
Anyone see the film "Dave"?
There ya go.
Hey, share the suck. It's only fair ...
The Snack Artist
Membership Revoked
I was in the Futures and Options biz for 35 years. I speak from experience. .gov can't quintuple a mkt in 12 years with zero GDP growth. It can happen, I should say, but not w/out major consequences. Like an almighty crash and untamable inflation.
The day the mkt roared off its lows (666) was exactly to the day the CONgress said the banks could mark to market their securities as dollar good even though they may have been worth .03 cents on the dollar. The banks have yet to clean their own stalls in this regard and are teetering on insolvency. They took the 800 billion and gave it out in bonuses in 08 not touching one troubled asset which they just sold off to the Fed. What a crooked pos joke this financial system has become.
Go Go SLVR.
The day the mkt roared off its lows (666) was exactly to the day the CONgress said the banks could mark to market their securities as dollar good even though they may have been worth .03 cents on the dollar. The banks have yet to clean their own stalls in this regard and are teetering on insolvency. They took the 800 billion and gave it out in bonuses in 08 not touching one troubled asset which they just sold off to the Fed. What a crooked pos joke this financial system has become.
Go Go SLVR.
The Snack Artist
Membership Revoked
During 9/11 I was long a bunch of out of the money puts. We closed for 4 days. Don't know if you guys remember that part. Anyway, my partner in biz was crapping his drawers as he was short these same out of the money puts. I told him not to do it but he did it anyway to collect some extra cash. Lol.
When we powowed during the time we were closed he told me what he had done. I had almost enough on to cover his shorts and gave them to him when we opened the next Monday. They were worthless again that day if I remember right. But, they were worth $750 bucks a piece if I'd hit the bid on them when we opened. That was about a cool million. I still remember the market on them when I asked the crowd for a market. 3 bucks/10 bucks. Sheeeit!
When we powowed during the time we were closed he told me what he had done. I had almost enough on to cover his shorts and gave them to him when we opened the next Monday. They were worthless again that day if I remember right. But, they were worth $750 bucks a piece if I'd hit the bid on them when we opened. That was about a cool million. I still remember the market on them when I asked the crowd for a market. 3 bucks/10 bucks. Sheeeit!
As far as I know it has been moved mostly Into bonds. When I went conservative (vs moderate or aggressive) that’s where they moved most of it to. I have no control over it. They do all the handling.
All I do is tell them the risk I am willing to take.
Bps1691
Veteran Member
Learned my first real lessons in the .com bust. Never trusted the casino since. Oh I've played a little in the game but always on the fringes and pulled winnings off the table often. That was invested in hard goods and physical assets. Lower returns for sure but no loss of principle.
First things first, get out of debt, be risk adverse, be as self sufficient as possible, be frugal and never trust the word of the bastards. One is none, two is one and three is the minimum for all sources and materials required to survive.
First things first, get out of debt, be risk adverse, be as self sufficient as possible, be frugal and never trust the word of the bastards. One is none, two is one and three is the minimum for all sources and materials required to survive.
My brain still cannot process how a "naked short" works, what it is, or how it is possible that it exists or is allowed.
Seriously, I am clueless but watching WallStreetBets battle The Empire is damn fine entertainment.
Monday, on Wall Street, is going to be a real humdinger.
Seriously, I am clueless but watching WallStreetBets battle The Empire is damn fine entertainment.
Monday, on Wall Street, is going to be a real humdinger.
Naked shorting = selling what you do not own.
Full explanation at Naked Shorting (investopedia.com)
He who sells what is not his'n, must buy it back or go to prison. At least that's how it used to work
Full explanation at Naked Shorting (investopedia.com)
He who sells what is not his'n, must buy it back or go to prison. At least that's how it used to work
bw
Fringe Ranger
The past is another country. They do things differently there.
Kayak
Adrenaline Junkie
True that. This was chump change for the big boys; they'll vacuum up the crumbs and keep competing for the title of First Trillionaire.
They've got some stiff competition from Putin, if only because he's had a good head start.
Ragnarok
On and On, South of Heaven
Or, it is the trigger for the Great Reset...
ArisenCarcass
Veteran Member
I wonder if PDJT saw the writing on the wall.......Hear me out.
It is now pretty apparent that Wall Street will crash and burn, but as Pres he had access to lots of data and analytics that we don't.
Knowing that THE crash was coming, that is why he didn't take the Coup route against the Commie Fraudsters.
Whoever is left holding the bag is going down (along with their party).
Perhaps the lack of confidence in JoHo (combined with them killing millions of jobs day one) sped up the timetable.
I've never been a 4D chess adherent, but the smart money is that PDJT knew SOMETHING was coming.......
Just some honest conjecture.
It is now pretty apparent that Wall Street will crash and burn, but as Pres he had access to lots of data and analytics that we don't.
Knowing that THE crash was coming, that is why he didn't take the Coup route against the Commie Fraudsters.
Whoever is left holding the bag is going down (along with their party).
Perhaps the lack of confidence in JoHo (combined with them killing millions of jobs day one) sped up the timetable.
I've never been a 4D chess adherent, but the smart money is that PDJT knew SOMETHING was coming.......
Just some honest conjecture.
Michiana MaJo
Deceased
Say good-bye to SS and pensions if the market crashes.
emiliozapata
Senior Member
How many of those new members are disinformation agents of the fat cats sent to destroy WSB?
Henry Bowman
Veteran Member
Pensions yes...SS no...it does not exist anyway...kinda like penny stocks...all Fugazi.
Fair Use Cited
---------
GameStop traders may inflict even more pain on Wall Street: Goldman
Brian Sozzi
·Editor-at-Large
Mon, February 1, 2021, 5:25 AM
The enthusiastic retail traders who have sent GameStop’s stock up a dizzying 1,635% year-to-date — along with other heavily shorted shares of struggling companies — could inflict even more pain on a Wall Street community still very bullish on the broader market.
Think along the lines of more forced selling by institutions of long-prized positions to cover short bets that are now spiking in value (and losing money in the process).
“Funds in their coverage sold long positions and covered shorts in every sector [last week]. Despite this active deleveraging hedge fund net and gross exposures on a mark-to-market basis both remain close to the highest levels on record (see chart below), indicating ongoing risk of positioning-driven sell-offs,” warns Goldman Sachs chief U.S. equity strategist David Kostin.
Last week represented the largest active hedge fund de-grossing since February 2009, adds Kostin.
Institutions remain upbeat on stocks.
Indications of forced selling dotted the stock market during last week’s frenzied activity.
The Dow Jones Industrial Average plunged 620 points on Friday. At 29,982.62 at the sound of Friday’s closing bell, it marked the first time the Dow finished below 30,000 since Dec. 14. All 10 sectors in the S&P 500 closed Friday’s session in the red. The Nasdaq Composite dropped 2% on Friday.
On the week, all three major indexes lost more than 3% for their worst trading performance since October 2020. Some of Wall Street’s most owned stocks — the tech focused FAANG (Facebook, Apple, Amazon, Netflix, and Alphabet’s Google) companies — all notched losses on the week, led by a 7.9% drop in Apple. Again, all indications of forced selling by institutions.
The story was starkly different for traders in some of the most shorted names in the market.
Shares of movie theater operator AMC shot up 54% Friday, bringing their five-session gain to a staggering 180%. GameStop (which has become the face of the mania) shares popped 68% higher Friday. In five sessions, GameStop’s stock has gained 248%. Speaker maker Koss Corporation has seen its stock skyrocket more than 513% in five sessions, helped by a bewildering 52% pop Friday.
The gains are starting to pile up for those traders dipping in and out of Reddit to devise strategies to crush the shorts.
A basket containing the 50 Russell 3000 stocks with market caps above $1 billion and the largest short interest as a share of float has rallied by 98% in the last three months, Goldman’s data shows. This surpassed the 77% return of highly-shorted stocks during the second quarter of 2020, a 56% rally in mid-2009, and two 72% rallies during the Tech Bubble in 1999 and 2000.
GME 303.02 -21.98 -6.76% : GameStop Corporation - Yahoo Finance
---------
GameStop traders may inflict even more pain on Wall Street: Goldman
Brian Sozzi
·Editor-at-Large
Mon, February 1, 2021, 5:25 AM
The enthusiastic retail traders who have sent GameStop’s stock up a dizzying 1,635% year-to-date — along with other heavily shorted shares of struggling companies — could inflict even more pain on a Wall Street community still very bullish on the broader market.
Think along the lines of more forced selling by institutions of long-prized positions to cover short bets that are now spiking in value (and losing money in the process).
“Funds in their coverage sold long positions and covered shorts in every sector [last week]. Despite this active deleveraging hedge fund net and gross exposures on a mark-to-market basis both remain close to the highest levels on record (see chart below), indicating ongoing risk of positioning-driven sell-offs,” warns Goldman Sachs chief U.S. equity strategist David Kostin.
Last week represented the largest active hedge fund de-grossing since February 2009, adds Kostin.
Institutions remain upbeat on stocks.
Indications of forced selling dotted the stock market during last week’s frenzied activity.
The Dow Jones Industrial Average plunged 620 points on Friday. At 29,982.62 at the sound of Friday’s closing bell, it marked the first time the Dow finished below 30,000 since Dec. 14. All 10 sectors in the S&P 500 closed Friday’s session in the red. The Nasdaq Composite dropped 2% on Friday.
On the week, all three major indexes lost more than 3% for their worst trading performance since October 2020. Some of Wall Street’s most owned stocks — the tech focused FAANG (Facebook, Apple, Amazon, Netflix, and Alphabet’s Google) companies — all notched losses on the week, led by a 7.9% drop in Apple. Again, all indications of forced selling by institutions.
The story was starkly different for traders in some of the most shorted names in the market.
Shares of movie theater operator AMC shot up 54% Friday, bringing their five-session gain to a staggering 180%. GameStop (which has become the face of the mania) shares popped 68% higher Friday. In five sessions, GameStop’s stock has gained 248%. Speaker maker Koss Corporation has seen its stock skyrocket more than 513% in five sessions, helped by a bewildering 52% pop Friday.
The gains are starting to pile up for those traders dipping in and out of Reddit to devise strategies to crush the shorts.
A basket containing the 50 Russell 3000 stocks with market caps above $1 billion and the largest short interest as a share of float has rallied by 98% in the last three months, Goldman’s data shows. This surpassed the 77% return of highly-shorted stocks during the second quarter of 2020, a 56% rally in mid-2009, and two 72% rallies during the Tech Bubble in 1999 and 2000.
GME 303.02 -21.98 -6.76% : GameStop Corporation - Yahoo Finance
Back in 2012, a VP of our local bank called me into her office. She said, "I know you pay attention to this stuff" (which gave me the instant reaction of, "gee, I guess I haven't been as gray as I thought!) and I want your opinion on a question I was asked"Au contraire, gang. You are forgetting the "full faith and credit clause" of not only the Federal Reserve fiat note/dollar. You are forgetting this GLORIOUSLY TOXIC BREW of Yellen, and bideypoop, and 30 TRILLION in Federal debt, and the kind of EXPLOSIVE DEMAND FOR SILVER AND GOLD IE PHYSICAL OZS WE WILL SEE ON MONDAY.
You know doctor fungcool, the younguns don't see what is involved here is a bank run, the silver and gold version.
What is the paper backed by? And Doomer Doug will take 2% behind the silver door, and the gold door and the fist federal reserve door. Sheesh, Ragnarok and doctorfungcool, if THAT is what happens Monday, which it looks to me, building steam, well go to kitco.com and read some and then talk to me.
"They" can survive ANYTHING but a bank/silver run AND THAT IS WHAT IS BUILDING UP. It is about how much physical gold and silver exists to back the paper.
Yo, every retail store gets 50 people wanting to buy 100 ozs. n
What will happen when EVERY coin store is sold out?
She went on to explain how a "guy who is connected way up high in the food chain" called her as asked her "what is the US dollar worth?" She said, she asked "compared to what? The Euro? Canadian dollar? Gold?"
And he said, no... what is it worth, intrinsically?
She said, "I couldn't tell him... so, I decided to ask you"
I looked at her and said, "well... it says it is backed by the full faith and credit... of a completely bankrupt government!"
She blanched... literally turned gray. And said only, "I see... I think I have some phone calls to make"
I've been redpilling people inadvertently for a long time!
Summerthyme
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Doomer Doug
TB Fanatic
Well silver is $28.62 and I just slept while the price went up. 
bobfall2005
Veteran Member
That they will. Market is up.
There is quite a bit you could do but if you do not have a good plan it is probably best left where it is.
Tapping your 401(k) due to Covid? Here's what you need to know (cnbc.com)
krsone
Faster, faster, faster . . .
And with a centralised information platform a ton of decentralised investors can swarm any stocks that look promising. GameStop did not just happen. DFV has been reporting for a long time that the hedges were seriously overextended with their shorts on this stock. If anything, it may rein in the willingness that the hedges used to have to be able to go after struggling companies and their stocks.
JF&P
Deceased
The Great Nonsense of “The Great Reset”
By Thomas DiLorenzo
March 27, 2021
The Great Nonsense of ‘The Great Reset’ - LewRockwell
“The Great Reset” is the latest deceptive euphemism for totalitarian socialism that is being promoted by yet another group of wealthy corporate elitists who think they can centrally plan the entire world economy. They are essentially the ideological heirs of Frederick Engels and his intellectual puppet Karl Marx. “The Great Reset” follows in the rhetorical footsteps of such euphemisms for socialism as “economic democracy,” “social justice,” “liberation theology,” “progressivism,” “market socialism” (an oxymoron, like “jumbo shrimp” or “military intelligence”), “environmentalism,” “fighting climate change,” “sustainable development,” and “green new deal,” to mention just a few.
The main figure of this movement is wealthy German engineer Klaus Schwab, founder of the “World Economic Forum,” who champions what he calls “transhumanism,” the integration of nanotechnology into the human body so that humans can be controlled remotely by the state.[1] As Ron Paul has noted, “Included in Schwab’s proposal for surveillance [of every citizen] is his idea to use brain scans and nanotechnology to predict, and if necessary, prevent, individuals’ future behavior . This means that anyone whose brain is ‘scanned’ could have his . . . [constitutional] rights violated because a government bureaucrat determines the individual is going to commit a crime.”[2]
Placed in the hands of politicians, this would create a level of totalitarianism the Soviets could only have dreamed of. In other words, Schwab is reminiscent of that famous twentieth-century German who also fantasized about creating a master race and ruling the world.
####
This is just the beginning of a much larger article....I'd also suggest you read the comments over at Zero Hedge.
The Great Nonsense Of "The Great Reset" | ZeroHedge
This to me is a big deal as I have known for sometime that the deep state has a plan to crash the economy followed by war....damn I had hoped to be dead by now...oh well, come quickly Lord Jesus.
By Thomas DiLorenzo
March 27, 2021
The Great Nonsense of ‘The Great Reset’ - LewRockwell
“The Great Reset” is the latest deceptive euphemism for totalitarian socialism that is being promoted by yet another group of wealthy corporate elitists who think they can centrally plan the entire world economy. They are essentially the ideological heirs of Frederick Engels and his intellectual puppet Karl Marx. “The Great Reset” follows in the rhetorical footsteps of such euphemisms for socialism as “economic democracy,” “social justice,” “liberation theology,” “progressivism,” “market socialism” (an oxymoron, like “jumbo shrimp” or “military intelligence”), “environmentalism,” “fighting climate change,” “sustainable development,” and “green new deal,” to mention just a few.
The main figure of this movement is wealthy German engineer Klaus Schwab, founder of the “World Economic Forum,” who champions what he calls “transhumanism,” the integration of nanotechnology into the human body so that humans can be controlled remotely by the state.[1] As Ron Paul has noted, “Included in Schwab’s proposal for surveillance [of every citizen] is his idea to use brain scans and nanotechnology to predict, and if necessary, prevent, individuals’ future behavior . This means that anyone whose brain is ‘scanned’ could have his . . . [constitutional] rights violated because a government bureaucrat determines the individual is going to commit a crime.”[2]
Placed in the hands of politicians, this would create a level of totalitarianism the Soviets could only have dreamed of. In other words, Schwab is reminiscent of that famous twentieth-century German who also fantasized about creating a master race and ruling the world.
####
This is just the beginning of a much larger article....I'd also suggest you read the comments over at Zero Hedge.
The Great Nonsense Of "The Great Reset" | ZeroHedge
This to me is a big deal as I have known for sometime that the deep state has a plan to crash the economy followed by war....damn I had hoped to be dead by now...oh well, come quickly Lord Jesus.
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dawgofwar10
Veteran Member
Thank You, they will keep on keeping on... But when in doubt, bail out!! Risk On, Risk Off. Will it last forever, not gonna happen, when it tanks, then you short the market.