May 222023
 May 22, 2023  Posted by at 8:45 am Finance Tagged with: , , , , , , ,

Piet Mondriaan Mill 1905


Ukraine Claims It’ll ‘Win War’ After Getting F-16s (RT)
US Approval Of Crimea Strikes Proves Lack Of Interest In Peace – Envoy (TASS)
Trump’s Victory Would Be ‘The End Of Ukraine’ – Hillary Clinton (RT)
Zelensky Compares Artyomovsk To Hiroshima (RT)
Destruction Of Both Hiroshima, Artyomovsk Led By White House – Zakharova (TASS)
How Russia Forced Ukrainians To Retreat From Artyomovsk (RT)
Lula Says Zelensky Didn’t Show Up To Scheduled Meeting (RT)
Durham Report: Clinton, Not Trump, Colluded With Russians – Hanson (Fox)
The Durham Report Indicts the Deep State—and the Media (RCI)
EU ‘Offer’ To Global South Must Be Better Than China’s – Ursula (RT)
Hunter Biden Faces Call for the Appearance of Key Business Associates (Turley)
White House Blasts GOP Over Debt Ceiling Talks (RT)
Biden Thinks He Has Authority To Use 14th Amendment On Debt Ceiling (Hill)
DE-Dollarization Made Simple -Even For Millennials (Vilches)
Greece’s Debt Is More Unsustainable Than Ever (Varoufakis)





Biden 100k










Nobody is safe










The sudden rush into the 50-year old F-16s shows us just how badly Ukraine is losing.

Ukraine Claims It’ll ‘Win War’ After Getting F-16s (RT)

F-16 fighter jets could become a game changer in the ongoing conflict between Moscow and Kiev, a spokesman for the Ukrainian Air Force Command, Yury Ignat, claimed in remarks to Ukraine’s Espreso TV broadcaster on Saturday. “When [we] have F-16, we will win this war,” Ignat said, adding that Kiev has repeatedly told its Western backers that the air defense systems it has already obtained from the West are insufficient to protect all of Ukraine’s territory against Russian air strikes. “The territory of the country and the length of the state border are big and the frontline … is over 2,500 kilometers [long],” the Air Force spokesman said, counting Ukraine’s border with Belarus, its Black Sea shores, and the border with Moldova’s breakaway region of Transnistria as parts of the “frontline.”

It would be impossible to cover such an expanse with air defense systems, Ignat maintained. He also said that the US-made F-16 fighter jets would become “a part of the air defenses” and would be used in areas not covered by the ground-based systems. The Air Force spokesman also admitted that the Soviet-made jets that Ukraine has been using until now cannot effectively counter Russian unmanned aerial vehicles (UAVs) and cruise missiles. He said that Kiev also plans to use the US-made jets in offensive operations and that the aircraft would significantly increase the effectiveness of anti-radar HARM missiles and JDAM precision-guided munitions, which Western nations have already handed over to Ukraine. Ukraine would also use the F-16s to strike the command centers and logistical networks of Russian forces, Ignat said, adding that such attacks would allow Kiev to “quickly” seize territories that it considers “occupied” by Russia.

His words came just days after Washington said it would support a joint program to train Ukrainian pilots on modern jets such as F-16s and would allow allies to transfer the US-made aircraft to Kiev. On Saturday, US national security adviser Jake Sullivan told journalists that President Joe Biden had “informed his G7 counterparts” that Washington would let its Western allies supply advanced jets to Ukraine. Moscow blasted the decision as a “movement up the escalation ladder” that is “fraught with colossal risks” for the West itself. Russian Foreign Ministry spokeswoman Maria Zakharova also accused the US of “waging a hybrid war against the entire region” and of using Ukrainian territory to achieve its own goals.

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“..when US planes will take off from NATO airfields, piloted by foreign ‘volunteers’..”

US Approval Of Crimea Strikes Proves Lack Of Interest In Peace – Envoy (TASS)

Washington’s approval of Ukraine’s strike on Crimea with Western weapons indicates that the US has no interest in peace, Russian Ambassador to Washington Anatoly Antonov said Sunday. “Washington has totally bent G7 members to its will in regards to the conflict in Ukraine. Moreover, it has seriously tightened its approaches on two important issues. I am referring to the handover of F-16 planes to the Kiev regime, as well as unconditional approval of strikes on Crimea with American and other Western weapons. Such steps once again make it clear that the US has never been interested in peace,” he said. The envoy added that Russia will view strikes on Crimea “as an attack on any other region of the Russian Federation,” and called on the US to consider potential response measures from Russia.

Antonov also pointed out that Ukraine lack infrastructure to use F-16 planes, as well as the required number of pilots and maintenance crews. According to Antonov, all this raises concerns about NATO’s future involvement in the conflict “when US planes will take off from NATO airfields, piloted by foreign ‘volunteers’,” he said. Earlier, US President Joe Biden told his Ukrainian counterpart Vladimir Zelensky on the sidelines of the G7 summit in Hiroshima that the US and its allies will start training Ukrainian pilots in use of F-16 fighter. Previously, US National Security Advisor Jake Sullivan said that the US and its allies will discuss which states exactly will send F-16 planes to Ukraine. He also noted that F-16s are not on the list of priority shipments for preparation of Kiev’s counteroffensive.

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“..the end of democracy in the United States” and the “end of Ukraine..”

Trump’s Victory Would Be ‘The End Of Ukraine’ – Hillary Clinton (RT)

If ex-US President Donald Trump is re-elected in 2024, it would be the downfall of both Ukraine and democracy in America, former Democratic presidential candidate Hillary Clinton warned on Saturday. Speaking to the Financial Times, Clinton, who served as secretary of state under Barack Obama and lost to Trump in the 2016 election, said she does not believe that her former rival will be successful this time. However, she claimed that if Trump does win in 2024, it will be “the end of democracy in the United States” and the “end of Ukraine,” as he will withdraw the country from NATO. Clinton went on to say that Russian President Vladimir Putin believed Trump would do so had he won the 2020 election. “Trump was the gift that kept giving to people like [Chinese leader Xi Jinping] and Putin,” she said, accusing him of being “enamored of authoritarians” and “inept in any kind of strategic approach to China.” She added that Trump was “clearly going to do whatever Putin wanted on NATO.”

Clinton also said she once believed that China was preparing to “make [a] move against Taiwan” within a few years, but the Ukraine conflict discouraged Beijing from attempting to reclaim the island, which it regards as part of its sovereign territory. She went on to address widespread concerns that the current president, Joe Biden, 80, who confirmed that he would run again in late April, is too old for the job. While acknowledging that age is “an issue,” she urged voters to compare him to the man he is running against. Trump, who announced last November that he would run again in 2024, has been critical of Biden’s approach to the Ukraine conflict. In January, he claimed that the president “is systematically, but perhaps unknowingly, pushing us into what could soon be World War III.” Trump has described himself as the “only candidate” capable of stopping the US from sliding into a global conflict, promising he would settle the conflict in Ukraine “very quickly” if elected.

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And why not? Anything goes.

Zelensky Compares Artyomovsk To Hiroshima (RT)

The devastation left by the months-long battle for the Donbass city of Artyomovsk is reminiscent of the destruction resulting from the US nuclear bombing of Hiroshima, Ukrainian President Vladimir Zelensky told journalists on Sunday while attending the G7 summit hosted by the Japanese city. “The photos of Hiroshima remind me of Bakhmut,” said Zelensky, using the Ukrainian name of the city. He laid wreaths at the memorial to the victims of the atomic bombing in Hiroshima during his visit. “Absolute total destruction. There is nothing, there are no people,” he said, adding that “all the buildings are destroyed” in the city captured by Russia over the weekend. The Russian Defense Ministry confirmed seizing Artyomovsk late on Saturday.

On Sunday, Russian President Vladimir Putin congratulated Wagner fighters and the servicemen of the regular Russian Army for successfully taking the city. Kiev continues to deny losing control of it. Zelensky himself sent mixed signals about the situation on the ground. Early on Sunday, he said the city “is only in our hearts” when asked if Ukraine still controls Artyomovsk. Later, he denied the city was “occupied by Russia.” Russian businessman Evgeny Prigozhin, the founder of the Wagner Group private military company, told journalists on Sunday that “no Ukrainian fighters had been left” in Artyomovsk. The US nuclear bombing of Hiroshima killed between 70,000 and 80,000 civilians, or around 30% of the city’s population at that time, according to various estimates. Another 70,000 people were injured. The blast also killed an estimated 20,000 Japanese military personnel.

The ‘Little Boy’ bomb that exploded about 580 meters above the city right over the Shima Surgical Clinic destroyed everything within a some 1.6-kilometer radius from the center of the blast. It also caused a massive blaze that engulfed 11 square kilometers. According to Japanese officials, almost 70% of the city’s buildings were destroyed. The salt-mining city of Artyomovsk had been the scene of intense fighting for some eight months as Russian forces gradually pushed Ukrainian troops out. The city, which spreads over some 41.6 square kilometers, was largely destroyed in the process. In 2017, the total population of Artyomovsk amounted to just over 71,000 people. Most residents were evacuated before the battle began or earlier in the fighting. However, according to the International Committee of the Red Cross, some 10,000 people were still living in the city in late March. Kiev also stated that the battle for Artyomovsk claimed the lives of some 4,000 civilians. Russia did not comment on these estimates.

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Zakharova has the real link between the two..

Destruction Of Both Hiroshima, Artyomovsk Led By White House – Zakharova (TASS)

Russian Foreign Ministry Spokeswoman Maria Zakharova pointed out that both Artyomovsk (Bakhmut) and Japan’s Hiroshima were destroyed by the official Washington, commenting on Ukrainian President Vladimir Zelensky’s comparison of the aftermath of the nuclear bombing of Hiroshima to hostilities in Artyomovsk. She pointed out that the Ukrainian president “compared Hiroshima, destroyed by an American nuclear bomb to Artyomovsk” on the sidelines of the G7 summit in Japan. “Well done, because the White House orchestrated both things,” Zakharova said on her Telegram channel Sunday.

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A very lenghty timeline of a very lenghty battle.

How Russia Forced Ukrainians To Retreat From Artyomovsk (RT)

Nine months of battles for a symbolic site in Kiev’s attempt to regain control of the region have ended with another triumph for Moscow’s forces Screenshot from social media video= The battle for Artyomovsk (called Bakhmut by the Ukrainians) began in August 2022, and gradually turned into the epicenter of fighting between Russia and Ukraine. While other parts of the front remained relatively stable, both sides actively brought forces to this small city. For Kiev, which in May 2022 suffered a defeat at Azovstal that helped undermine its image, Artyomovsk became the new Mariupol. Ukrainian propaganda labeled it ‘the Bakhmut Fortress’, and attempted to give an air of heroism to those fighting there.

Despite the fact that the city has no strategic importance for advancing westward, Russian troops accepted the challenge posed by Ukrainian propaganda. So what did Moscow gain from the nine-month-long ‘Bakhmut meat grinder’? In the nineteenth century, Artyomovsk was a provincial town in the Russian Empire and the administrative center of the developing Donbass region. As other cities grew, however, its role became less prominent. By the beginning of the Russian offensive in February 2022, the city had a population of about 70,000. It was home to several industrial facilities including a sparkling wine factory where battles took place in early 2023. According to the Ukrainian authorities, by that time 60% of the city had already been destroyed.

The importance of the city grew tremendously after the start of Russia’s military operation in February 2022. Initially, when Russian troops broke the first line of fortifications in the area of Popasnaya, Zolotoye, and the Lisichansk-Severodonetsk agglomeration, Artyomovsk was an important transport hub. It kept the Ukrainian front line connected with the rest of the country. After the Russians managed to break this line of defense and completely removed Kiev’s forces from the territory of the Lugansk People’s Republic (LPR), Artyomovsk went from being a transport hub to becoming Ukraine’s second line of defense around the Bakhmutka River. This strip ran from Ukrainian positions opposite Gorlovka – since 2014 controlled by the Donetsk People’s Republic (DPR) – in the south up to Seversk in the north, running straight into the Seversky Donets, the main river in Donbass.

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Zelensky knows where Lula stands. Peace. Negotiations.

Lula Says Zelensky Didn’t Show Up To Scheduled Meeting (RT)

Brazilian President Luiz Inacio Lula da Silva has said that his Ukrainian counterpart, Vladimir Zelensky, had failed to show up for a scheduled bilateral meeting during the G7 summit in Hiroshima, Japan. “I had an interview, a bilateral one with [Zelensky] here in this room at 3:15 pm. We waited and received the information that he was late,” the president, who is commonly referred to as just Lula, said on Monday, as cited by Reuters. He added that Zelensky “did not show up” because “clearly he had appointments and he couldn’t come.” AFP cited Lula as saying that he was “upset” that the meeting fell through. A face-to-face meeting with the Ukrainian leader was absent from the itinerary published by Lula’s office ahead of his trip to Japan.

However, Bloomberg cited unnamed Brazilian officials as saying on Saturday that the Brazilian delegation felt pressured to arrange a meeting between Lula and Zelensky, whose travel plans are not usually publicly announced in advance. Zelensky later told reporters that “everyone has their schedules, so we couldn’t meet with the Brazilian president.” The two leaders previously spoke over the phone in March. Lula has condemned Russia’s military operation in Ukraine, but refused to join Western sanctions imposed Moscow and declined to provide weapons to Kiev. He has stressed that the Russia-Ukraine conflict should be resolved through negotiations. “No solution will last if it is not based on dialogue. We need to work to create the space for negotiations,” Lula said on Sunday.

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How much longer till she’s indicted?

Durham Report: Clinton, Not Trump, Colluded With Russians – Hanson (Fox)

The Durham report suggests there are more questions about Hillary Clinton’s overtures toward Russian entities than former President Donald Trump’s, Victor Davis Hanson claimed. Hanson, a historian and fellow at Stanford University’s Hoover Institution, told “Life, Liberty & Levin” that Durham’s findings showed that “far from being a Trump-Russian connection, there was a Hillary-Clinton–Russian connection.” Hanson analyzed the findings, saying they showed Clinton was using a Moscow-based “source,” Democrat-linked PR executive Charles Dolan Jr., to collect purported intelligence on Trump. Dolan, who served twice as former President Bill Clinton’s Virginia state campaign chairman, was “feeding” information to Igor Danchenko, a Russian national working at the Brookings Institution at a time the thinktank was being led by Nelson “Strobe” Talbott, Hanson said.

Talbott, who also served as Bill Clinton’s deputy secretary of State, had been made privy to “briefings and inquiries on the development of the dossier” by Steele, according to a Fox News analysis by law professor Jonathan Turley. “Strobe Talbott… was introduced to Christopher Steele through Fiona Hill of impeachment fame, and the basic story mark was that they were fabricating everything in this dossier, and Dolan was trying to pass on rumors to Danchenko, who was corroborating with Steele,” Hanson said. In a 2019 Politico op-ed, Talbott notably claimed in-part, “[W]e already know that the Kremlin helped put Trump into the White House and played him for a sucker.”

Hanson said the purported “pee tape” — which supposedly was to have shown prostitutes urinating on a Moscow hotel bed at the behest of Trump to spite the Obamas, who reportedly previously slept there — was “all made up.” “[A]nd worse yet, the FBI knew it was made up, and yet they continued to pay Danchenko in hopes that he might find some credibility because they were using this material to get a FISA warrant to spy on [then-Trump campaign aide] Carter Page, and yet they knew that it was false.” “Even in the case of Steele, they offered him $1 million, apparently, if he could just reify or substantiate just one point and he couldn’t. So the FBI was knee-deep in it, and Durham suggests that they didn’t want to investigate Hillary or monitor her communications,” he said.

The reason the feds didn’t probe Clinton as they had Trump, he surmised, was because they were certain she was soon to be elected president. “And they were terrified that anybody, I guess, who would concoct such a conspiracy might do the same to them if she was in the White House,” he said. “So it’s damning to the FBI. It’s damning to the Hillary Clinton campaign. It’s damning to the media, because it’s all out there and then nobody’s refuted it… it really shows that Hillary Clinton colluded with the Russian government through intermediaries, and the FBI knew about it and blamed Donald Trump, who was innocent of it.”

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“..Russiagate’s aim from the jump was to delegitimize, destabilize, and destroy Donald Trump’s presidency..”

The Durham Report Indicts the Deep State—and the Media (RCI)

Russiagate’s aim from the jump was to delegitimize, destabilize, and destroy Donald Trump’s presidency. Hatched by the Hillary Clinton campaign, this would be her revenge for losing to Trump—an attempt to make his victory a Pyrrhic one. This would be the deep state’s way to sabotage and subvert a commander in chief who threatened to upend its agenda, and that of the entire political establishment. Neither fidelity to the law and truth, nor any sense of shame, nor any fear of consequences could temper the zealous would-be vanquishers of the “bad orange man.” We know this because, as Durham’s report spells out, and as even casual observers have long been aware, the story of Trump-Russia collusion was a farce from the very beginning and in virtually every respect.

It was born of hearsay, ludicrous innuendo, and laughable inferences. Its sources were biased, unscrupulous, and shady. The investigators acted corruptly, lawlessly, and violated basic practices and time-honored norms in pursuing a probe of the highest stakes. They could not corroborate the key pillars on which they “built” their “case” and covered their eyes and ears in the face of exculpatory evidence at every turn. The lack of due diligence and carelessness is staggering—if you were to assume the FBI and Justice Department were operating in good faith. Despite the glaring deficiencies in their case and the blatant violation of the rights of innocent Americans, including among them true patriots, nothing would slow them down.

It did not have to be this way. Were American journalists at our nation’s most storied publications adversaries of the ruling class rather than its stenographers—had they even a modicum of skepticism, curiosity, or intellectual honesty, they could have stepped in to defend our republic. They could have exposed one of the greatest scandals in American history: that our national security and law enforcement apparatus effectively sought to halt the transfer of power to a president they feared and loathed by pursuing him as a traitor, based on crackpot conspiracy theories borne of his political opponent’s research. Consider Gen. Michael Flynn’s purported Logan Act violations; George Papadopoulos’ comments to an Australian diplomat; Carter Page’s supposed Russian ties; the contents of the Steele dossier; Sergei Millian’s significance; the secret Alfa Bank back channel to Russia. The list of shoddy stories pertaining to purported Russian collusion is virtually endless, and as the Durham Report shows—as did reporting from independent, contrarian journalists at the time—such stories would fall apart under the slightest scrutiny.

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EU and G7 are 10 years late. Or is that 20? Africa, Latin America, Central Asia, they’ve lost it all. And they’re so full of hubris they never even noticed.

EU ‘Offer’ To Global South Must Be Better Than China’s – Ursula (RT)

The EU needs to offer a real alternative to China’s economic projects for the countries of the Global South, European Commission President Ursula von der Leyen said on Saturday. The EU and likeminded nations must use the “window of opportunity” as “many countries of the Global South are looking for alternative funding options,” she said at the G7 summit in Japan’s Hiroshima. Von der Leyen claimed that China’s Belt and Road Initiative – a global infrastructure investment strategy unveiled ten years ago – has been losing its appeal because many countries had “bad experiences with China.” “They took Chinese loans and ended up in a debt crisis,” the EU official stated, adding that the European bloc and the G7 must fill the void.

“We want to put a better offer on the table. If we are in a race, we are in a race to the top,” von der Leyen said. She added that the EU is rolling out 90 “flagship projects” on different continents as part of its Global Gateway investment scheme. Von der Leyen’s words came as G7 countries adopted a joint statement that accused Beijing of “economic coercion” and technology theft. China, in turn, has repeatedly accused G7 members of abusing trade regulations in order to impose their will on others. Beijing has also denied claims that the Belt and Road project hurts other nations. “The so-called Chinese debt trap is a lie made up by the US and some other Western countries,” Chinese Foreign Ministry spokesman Wang Wenbin said last year.

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“On the list are business partners who are connected to millions of dollars acquired from foreign interests in China, Ukraine and other countries…”

Hunter Biden Faces Call for the Appearance of Key Business Associates (Turley)

There is a new and interesting development in Arkansas where attorneys for Lunden Alexis Roberts have prepared a list of witnesses for the upcoming proceedings involving Hunter Biden’s daughter, Navy. As previously discussed, Hunter Biden is seeking to reduce child support payments and has balked at Navy being able to use the Biden name. If successful, this could get a lot worse for Hunter in his allegedly efforts to conceal his past incomes. On the list are business partners at the center of the influence peddling scandal. (Thank you to the reader who sent this possibly prophetic intersection picture). On the list are business partners who are connected to millions of dollars acquired from foreign interests in China, Ukraine and other countries. Also on the list is New York City art gallery owner Georges Bergès who continues to sell his art.

Bergès has reportedly pushed back on congressional efforts to reveal details on these proceeds and buyers even though former government ethicists have raised concerns over the sales. The costs of these proceedings and high-priced legal team would seem to undermine claims of financial distress by Biden. However, by putting his financial worth at issue, Hunter has opened up a new front in battling over the disclosure of his past dealings. Some of his part associates are reportedly cooperating with House investigators in tracking foreign payments. Even the Washington Post has belatedly published an editorial admitting that this is all a serious concern over influence peddling. In an editorial titled “Millions flowed to Biden family members. Don’t pretend it doesn’t matter.”

It was a bittersweet moment for many of us who have been writing about these dealings for years as newspapers like the Post downplayed the scandal or the authenticity of the laptop. Media outlets like National Public Radio (NPR) declared NPR declared that it “not want to waste our time on stories that are not really stories, and we don’t want to waste the listeners’ and readers’ time on stories that are just pure distractions.” These disclosures have been forced into the public despite the best efforts of the Post and other media. Indeed, recently the Post’s Philip Bump derided the House investigation as a “fishing expedition . . . it’s nearly all innuendo, a big corkboard with lots of pictures but little interconnecting string.” His “witchhunt” attack was then repeated by others at the Post.

Despite these efforts, Hunter Biden appears to going his level best to force the issue in Arkansas. It is not clear if the court will call any of these witnesses. However, since Hunter has put his finances at issue, some disclosures will need to be made. As for Navy, she is still uncertain if the court will allow her to use the Biden name despite her father’s efforts to the contrary. While it does not appear that Hunter (who lives in a California mansion) is financially broke, his actions (and those of the President and First Lady) toward this little girl show a moral deficit and delinquency that is abundantly obvious.

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White House Blasts GOP Over Debt Ceiling Talks (RT)

The White House has hit out at a Republican congressional leadership it says has become increasingly beholden to fringe ‘MAGA’ elements for obstructing talks designed to raise the US debt ceiling and avoid putting the country into default for the first time in its history. In a statement posted to the White House website on Saturday, a spokesperson for the administration of President Joe Biden described a deal offered by House Speaker Kevin McCarthy on Friday as a “big step back” and said that it contained a set of “extreme partisan demands.” “The President has over and over again put deficit reduction proposals on the table, from limits on spending to cuts to Big Pharma profits to closing loopholes for oil and gas,” the statement from White House Press Secretary Karine Jean-Pierre said.

“It is only a Republican leadership beholden to its MAGA wing – not the President or Democratic leadership – who are threatening to put our nation into default.” The proposal offered by McCarthy on Friday included significant cuts to domestic programs while increasing defense spending. It also imposed work requirements on some aid programs, while making it more difficult for states to waive work requirements for people in areas of high unemployment who rely on federal food assistance. The GOP deal also refuses Democratic requests to increase tax revenue to help pay for future budget deficits. “I’m not going to agree to a deal that protects wealthy tax cheats and crypto traders while putting food assistance at risk for nearly one million people,” Biden said on Sunday in comments delivered from Hiroshima, Japan, where he was attending the G7 summit.

Biden also accused Republicans of engaging in political theater in their handling of the negotiations to extend the debt ceiling. “I think there are some MAGA Republicans in the House who know the damage this would do to the economy, and because I am president, and the president’s responsible for everything, Biden would take the blame,” he said. Unless an accord is struck, the Treasury Department has indicated that the US could default on its $31.4 trillion debt as early as June 1. This would lead to a scenario where Washington is unable to borrow more money or pay all of its bills.

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“The idea hinges on a phrase in the 14th Amendment that says the public debt “shall not be questioned,” which proponents of the idea argue means the president could unilaterally continue to issue debt..”

Biden Thinks He Has Authority To Use 14th Amendment On Debt Ceiling (Hill)

President Biden on Sunday said he believes he has the authority to use the 14th Amendment to unilaterally address the debt ceiling, but he acknowledged potential legal challenges could still lead the nation to default if he went that route. “I’m looking at the 14th Amendment as to whether or not we have the authority — I think we have the authority,” Biden told reporters at a press conference in Hiroshima, Japan. “The question is, could it be done and invoked in time that it would not be appealed, and as a consequence past the date in question and still default on the debt. That is a question that I think is unresolved.”

Biden added that all four congressional leaders said in a recent White House meeting that they agreed the nation would not default, signaling that he hoped talk of the 14th Amendment would ultimately not be necessary. “So I’m assuming that we mean what we say and we’ll figure out a way to not have to default,” Biden said. Sunday’s remarks were Biden’s strongest to date on the 14th Amendment, which has been a point of debate among legal experts and administration officials as the U.S. gets closer to the risk of default. The Treasury Department has warned the U.S. could default as early as June 1 if no action is taken to raise the debt ceiling.

The idea hinges on a phrase in the 14th Amendment that says the public debt “shall not be questioned,” which proponents of the idea argue means the president could unilaterally continue to issue debt if Congress does not act. Biden earlier this month said he had been “considering” the 14th Amendment as a way to unilaterally work around the debt ceiling, but he acknowledged that it would not be a viable short-term solution. Treasury Secretary Janet Yellen previously warned that using the 14th Amendment could trigger a “constitutional crisis,” calling it “one of the not good options” if Congress failed to act.

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“This is happening now because the USA today no longer manufactures and/or renders anywhere remotely near enough products or services..”

DE-Dollarization Made Simple -Even For Millennials (Vilches)

Dollars are just failing I.O.U´s (more on that later) issued by the US which until today were still exchangeable for (1) goods and/or (2) services and/or (3) payment of debts the three of which could be either of US origin (that´s okay) or also from elsewhere (that´s NOT okay). In a nutshell, that´s what the current DE-dollarization process is all about, which translated means that US dollars will progressively be dumped onto the US economy´s front lawn as time goes by leading to an unstoppable hyperinflationary process. So, as we speak, many commercially and industrially, and technologically important economies (actually essential for the world and individual countries) have decided that transactions amongst themselves should be paid for in something different from US dollars as the USA is not involved in any part of such process.

Why would Argentina or Brazil export their grains to China payable in US dollars rather than Yuans while both need tons of Yuans to pay for Chinese imports? Accordingly, Saudis now allow China to pay for their oil in Yuans. So with growing impetus, many countries are now paying – and planning to pay in increasing quantities — for transactions amongst themselves with their own currencies and/or physical gold bullion which thru 6000 years of history has clearly proved that it has long-lasting intrinsic value in and of itself as accumulated labor duly acknowledged by third parties. So bullion´s role would be to compensate for the differences in the exchanging BRICS+ currencies used to settle import-export balances between non-US trading partners. BTW, the Central Bank of China does not waste any time reducing its exposure to US Treasuries now lowest since early 2010 and getting lower by the hour.

Since 2018 Russia holds practically 0 (zero) US Treasuries. This is happening now because the USA today no longer manufactures and/or renders anywhere remotely near enough products or services to cancel the humongous amount of IOU dollars already issued with total impunity. An “exorbitant privilege“ per former French President Valery Giscard d’Estaing´s brilliant definition many decades ago. The US deal is “you work hard as hell and we´ll just print” follow? You raise cattle till cows are fat and healthy enough to export us your beef – meaning years of investments and hard labor – and we´ll just copy-paste some more pretty Benjamins and hand them over to you in exchange, okay? Please be advised in case you didn´t notice that Walmart today does not carry “Made in USA” goods because everything now is most efficiently manufactured somewhere else.

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Ruling center-right won the Greek elections yesterday. They can now continue to sell off the country.

Greece’s Debt Is More Unsustainable Than Ever (Varoufakis)

Greece is deeper in the hole of insolvency today than it was in 2010, when the whole world of finance — the International Monetary Fund, the European Central Bank, and the European Commission — said we were bankrupt. Back then, our debt was something like €295 billion and our income €220 billion, whereas today the debt is €400 billion and our national income, in real terms, €192 billion. Most of our debt is owed to the troika and to foreign investors. So, our dependence on the kindness of strangers is greater than ever. Greece’s population today has, on average, 20 percent lower living standards than in 2010; if you look at the working class, the reduction of GDP per capita is 45 percent. As for private sector debt, around two million out of ten million Greeks have negative equity and nonperforming loans.

It’s a world record: it didn’t even happen in the US in 2008–09, during the subprime mortgages crisis. But how come I acknowledge that from the perspective of foreign investors, Greece is doing better than any other country? Well, government bonds are trading at 3.6 to 3.7 percent yields — a very nice spread over German ones at 2.2 to 2.3 percent. Everyone knows that the Greek state is bankrupt and the bonds are junk. So, why do they buy them? The European Central Bank (ECB) has announced that it will back Greek bonds. It’s a political decision to declare Greece solvent, just as it was a political decision to declare it insolvent in 2010. Christine Lagarde and her minions are making a nod and a wink to investors.

Why is the ECB standing behind bonds, when it didn’t in 2012 or 2015? Recent years saw a world first, a mechanism for extracting wealth from the bankrupt. The powers that be have instituted the so-called Hercules plan, taking bonds off the books of banks and selling them to vulture funds based in the Cayman Islands. They belong partly to foreign investors, partly to people who run the Greek banks, partly to the extended families of the political class. They can, for instance, buy a nonperforming loan of €100,000 but for just €3,000. They don’t expect to get the money back; but if they can sell the collateral for €50,000 they have extracted €47,000 in rent to the Caymans without paying a cent in tax. This can extract around €70 billion from a sub-€200-billion-a-year economy.

So, it may sound like a paradox that the financial press is hailing an economy whose public and private sectors are more bankrupt than ever. But seeing the gains foreign investors can draw from this situation, it is no paradox. Greece is a goose laying golden eggs: such profit rates don’t exist anywhere else. To boot, this Hercules scheme, passed by the Greek parliament, guarantees a minimum of €23 billion. The Greek state — and thus the ECB itself — stands behind the vultures’ interests, if they don’t manage to extract enough in dispossessions.

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Home Forums Debt Rattle May 22 2023

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    Piet Mondriaan Mill 1905   • Ukraine Claims It’ll ‘Win War’ After Getting F-16s (RT) • US Approval Of Crimea Strikes Proves Lack Of Interest In P
    [See the full post at: Debt Rattle May 22 2023]


    Anyone else feel that RFK knows too much?

    Oh and do we really need Durham report to indict the deep state? I watched the vaccine twitter at the top and that should be all anyone needs to be fully cognisant of the lying shit show that is modern information warfare. It feels a lot like the Christians telling indigenous peoples they are animals who don’t know purity and love.

    The ego mind projects the feelings of separation, sin, guilt and fear and sees in the other what truly occupies the unconscious mind. Children, the lot of them. Hillary throwing tantrums at kinder and getting sand in Americans faces and crying to mommy media that it was Donny dunnit.

    Total projection and very low in love and kindness.

    Heche is in Nirvana with Bourdain


    …and so it begins! Probably for the best in the long run.

    The maritime industry should be concerned by the release of ChatGPT, an AI chatbot. This generative AI tool can be used to accelerate the execution, speed and quality of attacks. It also provides tools to hackers who heretofore may have the ability to penetrate vessels without the knowledge base required to disrupt vessel operations. ChatGPT, as it is currently designed and regulated, is essentially a force multiplier for effective cyberattacks in maritime, especially for less experienced attackers.
    These types of attacks become more accessible to a variety of attackers with the use of ChatGPT. Its role as force multiplier will only become more significant as attackers rely on its sophisticated functionalities in order to achieve their goals, putting vessels in danger of further cyber incidents. This makes cyber security measures, including staff training and awareness campaigns for phishing emails increasingly important.

    ChatGPT to Disrupt Maritime IT/OT Security


    Nobody is Safe

    Kids toy doctor kit

    What with the pink pump shotgun?

    To persuade the unvaxed to needle up?



    The Secret ‘Corona-Thrax’ Project & The Impending Bio False Flag

    Compliment to RFK jr Twitter above

    Blood drinking Satanists, not hyperbole


    Corona-Thrax vid above is Whitney Webb


    The piece is from Whitney Webb in Oct 2022, now RFK is picking up the Corona-Thrax threat as a bio terror attack for Sept 2023

    Dr. D

    For the NZE [Net Zero] scenario to be met,”

    WE can go net zero: just kill everyone, and they’ve made a great start. However, China, Russia, India, and Iran are going to burn everything they find, and happily. Therefore, they will conquer us, then invade and we’ll cease to exist. That won’t be Net Zero.

    “• FBI Improperly Used Surveillance Program to Spy on Jan. 6 Suspects – Court (ET)”

    Good point. If the Prosecution uses illegal means to convict, the prisoners are let go perforce. Or used to be. And rightfully so as a warning to others.

    “Can’t release tapes” – Musk.

    So there were like 100 FBI agents there? J6 wasn’t that large, even aside from escorting Shaman-guy for his Rotunda photo-op, 100 agents could EASILY have stopped the side of the building where riots happened. And here’s an idea: DON’T OPEN THE 2,000-pound Columbus Doors from the inside. Anyone know who did that? Newsflash: look on the punchclock that day in the security booth. That takes 10 seconds. Then take the day off for a job well done. No one can figure out ANYONE who was on staff? Not a single person? We have NO IDEA who was on duty and let 100 “rioters” into the building through D.C.’s heaviest barricade?

    Okay, fine. I believe you: YOU’RE ALL FIRED. Top, from Pelosi down to the Police Sergeants, the entire chain of command above patrolman. All fired, and I’ll press charges on all of you until you start to remember who dun it.

    Yes, 100 FBI agents were CAUSING the riot, not stopping it. We have the CNN/Antifa cameraman saying “I can’t believe we actually got them to do this!” That’s on camera, we all saw it, which is why it didn’t happen.

    ““Well, the truth of the matter is the Russians have suffered over 100,000 casualties in Bakhmut. That’s hard to make up.” — Biden

    Apparently not difficult to make up at all.

    “Ukraine Admits Murdering “Quite A Few” Russian Civilians Who Back Putin And His Invasion

    Biden’s genocide. Stop digging, you’ve struck gold! Get these men $150 Billion dollars! They kill civilians? Get them 100,000 assault rifles, just like Chicago.

    “Supreme Court: IRS Can Obtain Bank Records Of 3rd Parties Not Under Investigation”

    Far Leftist Supreme Court. The State has all rights, the citizens have no right to privacy. …Unless they want to kill a babay. Privacy is only a sacred right if you want to commit a murder. We only march for it if (Black) people die.

    “FDA Advisers Back Maternal RSV Vaccine As Pfizer Says Safety Concerns Can Be Studied Post-Approval”

    First we approve, THEN we check. It’s almost like the FDA is staffed and funded by the pharmaceutical companies and not the government.

    “All Voters Of New York County Falsely Identified As Democrats In Voter IDs

    Reading into the story, their printer is in Rochester, a town famous for mafia connections, and who actually had mafia war-bombings at one point. Vendor Phoenix Graphics sure is unlucky: not only did they do this and have to print them for $300,000 again, not only did the same thing happen to them in 2020, but the day after the 2020 election their whole company and printing pressed burned down! …Not that there was any evidence there or anything. I’m sure insurance covered it. Ask Tony. Yup, nothing to see here, just misprint every voter form they ever made, on a no-bid contract that can’t be looked at. I’m sure a company that keeps losing $300K at a pop, over and over, has no problem funding themselves.

    That kook Kari Lake had some words about mis-printing ballots though. Like ballots just small enough not to work in the machines.

    “2016, Rep. John Conyers (D) warned”

    Where is he now?

    “No one is safe” If you take the vaccine, you’re not safe. That’s what “vaccine” means: you can get the disease and aren’t safe. Wish I were kidding, they said this before, during, and after. “Safe and Effective vaccines” means you can get the disease exactly the same and aren’t safe.

    I said: “Why?” Still waiting for the first answer. Seemed a simple question.

    “[F16s] piloted by foreign ‘volunteers’..”

    I’m sure these volunteers are never paid. That’s what “volunteer” means. They were paid? That makes them foreign mercenaries of a foreign army?

    “Washington has totally bent G7 members to its will in regards to the conflict in Ukraine.”

    You think? Because I see them handing useless hardware that hasn’t got a chance of winning or changing anything, which continues until NATO and Davos economically collapse. Now if they wanted F16s, you send them to Kiev the first day, WITH everything else, in one big bundle. It’s no good to have one bullet per hour, that’s guaranteed losing and everybody (or at least the U.S.) knows it. So now we’re sending these F16s, but not enough, not fast enough, to make a difference, and only AFTER all the other pressure has certainly, entirely, subsided.

    ““..the end of democracy in the United States” and the “end of Ukraine..”

    Which is why “Zelensky Announces Run for Second Term of U.S. Presidency” – BBee

    Only if we have no opposition parties and exclusively state media, can we finally be safe for Democracy. That’s what AOC said.

    “Zelensky Compares Artyomovsk To Hiroshima (RT)

    Absolutely. When you’ve lost all moorings to reality, what’s left?

    But last year, when begging for weapons from Congress in Washington, he told a different story

    We make s—t up! Whatever we want, whatever will get you to “do what you’re told” (Give me money).

    Brany-money minimum
    Mini-mini-mini-mini minimum
    See my duffle, try my booze
    Share it all, but don’t abuse
    Tinted windows, loaded gun
    I don’t keep the change for fun
    La, la-la-la, la, la!
    Brany-money’s everywhere
    I don’t even really care
    Chocking chicks in public bath
    For my life is not a big surprise
    Now I’ve got my own way
    For that s–t I do not pay
    La, la-la-la, la, la!

    Give me your money! Ay!
    Give me your money! Mo

    Brany-money minimum
    In my dirty pocket endless gloom
    Look man, I’m still rockin’ out
    Party-party-party-party, never doubt
    In the super market
    Tryna find wall carpet
    La, la-la-la, la, la!
    Brany-money light my fire
    Why does everybody f–king lie?
    If you wanna see the truth
    Come to me, don’t be confused
    Old school Russian gangster
    Supermassive rave star
    La, la-la-la, la, la!

    Three stripes every day
    Russian carpets all the way
    I squat like Sergey
    Kaif life, it’s a party
    Money comes, money goes (money goes) — But I’ll stay
    Money comes, money goes (money goes) — But I’ll stay (yeah)
    Like Twitter, I will follow you
    Now scroll my body, I’m like really cool” –Little Big

    Hiroshima. Here in the U.S. it is perceived as a natural tragedy we had nothing to do with, like an asteroid or tidal wave. No joke! We should probably go get those Hiroshima-bomber guys and teach them a lesson!

    “How much longer till she’s indicted?”

    After she’s dead of old age. Along with the rest of us. You know how they pardoned Oscar Wilde 100 years later? Like that.

    Besides, much more than that: keeping the Russian monopoly on Uranium that has us by the b—ls, she sold off Uranium One at her personal behest at enormous personal profit we still haven’t entirely discovered. …We only saw the public millions, not the back-deals.

    “It’s damning to the media, because it’s all out there”

    Yes, but the secret weapon of psychopaths: no shame. No shame, no pain. They could care less, in fact it’s pretty funny when you turn red and use words like that. I could watch it all day.

    “the FBI, Justice Department, and CIA will rig the 2024 U.S. presidential election, following their success in rigging 2016 and 2020,”

    You didn’t arrest them. I don’t do this for my health, we arrest them so they are out of commission for the next crime.

    “• EU ‘Offer’ To Global South Must Be Better Than China’s – Ursula (RT)

    Our offer is: “You’re Jungle people. All your grain shipments are belong to us.”

    “we don’t want to waste the listeners’ and readers’ time on stories that are just pure distractions.”

    We, your betters, decide that FOR you. Because YOU are the Jungle people, and we at NPR are the Garden people. People paying other people for things is just too complicated for your tiny child-minds to understand.

    ““It is only a Republican leadership beholden to its MAGA wing”

    Like I’ve been utterly amazed at propaganda, so apparently the “Biden entirely beholden to Far-Left” line worked. Because right away they duplicate it as if it’s theirs. I mean, sure, I guess? Utterly and pathetically lame though. But since CNN says you’re not allowed to read or listen to anyone else or else you’re a Nazi, how would they find out? It’s jsut amazing to me as it’s a “I-Know-You-Are-But-What-Am-I?” line.

    “because I am president, and the president’s responsible for everything, Biden would take the blame,”

    Not really. They’ve both set their narrative: Biden will say the GOP was unreasonable and THEY caused it by having… I guess any limit or oversight whatsoever, regardless of how small. It’s going down and may not make it to Fall and the traditional Rosh Hashana (25Sept). Both sides want and need it to go down. The question is, which narrative will the people and world BELIEVE? Perhaps with $150B to Kiev, they’ll remember that. Maybe.

    “• Biden Thinks He Has Authority To Use 14th Amendment On Debt Ceiling (Hill)

    This is literally crazy and the 14th is entirely unrelated to this. But they enforce ALL the laws that aren’t real, and NONE of the laws that are. They wait 2 years for it to go to the Supreme Court, which if by miracle rules against unlimited government, then change one word and pass it again. I think Cuomo in NY did this 2-3 times to shut down all (Jewish) religious freedom. Read on the 14th. It’s meant to not pay debts that aren’t ours (the Confederate States, a different government).

    “US economy´s front lawn as time goes by leading to an unstoppable hyperinflationary process.”

    Maybe not. They’ve done very well and can just cause more Deflation by murdering more people. However: goods will not be on the shelves in the U.S. as they already are not, and/or all risk is transferred to the currency until that cracks. It will take a while though. There are already no products. It already has.

    “So bullion´s role would be to compensate for the differences”

    This is the (lying) standard we have now. We don’t want, no one wants an all-gold, all-honest accounting. So they CLAIM it’s a certain way, then have side contracts (what were once the Comex, but that hasn’t delivered metal in 10+ years) and is now Shanghai. …And at the same time, there is NO silver delivery exchange on planet earth. None. I’m sure that’s normal. Not like we use silver for anything or is a strategic metal far exceeding rare earths. Anyway, they may continue to “Name” prices in dollars while they’re not using them for anything else, like settlement or holding accounts (T-bills). Then they may sell in a “Basket” of things which only includes gold, isn’t gold-based. Computers make this seamless, although there are consequences. And it continues all lies, so everyone’s happy.

    “Ruling center-right won the Greek elections yesterday. They can now continue to sell off the country.”

    Sounds like the Center-Right to me. How do you say “Romney” in Greek?

    Heche: yes, all you need is a digital car. We turn on the accelerator, and then you “Drive erratically” trying to figure out what to do. Read any Hacker magazine the last 10+ years.

    Oh wait: they wrote it, people prove it yearly, it’s on TV, you’ve heard of it, watched those shows…therefore it doesn’t exist.

    Dr. D

    “Russians have suffered over 100,000 casualties in Bakhmut.”

    Had a thought: WHO is this statement for? Not for us: we don’t care. Not for Russia: they won’t believe it. So why open your face-hole? Was it merely BECAUSE he opened his mouth, he had to lie? That’s what happens when mouths open, I guess: Lie falls out.


    No, Dr. D., it’s because they know the losses at the other side can’t remain hidden forever, so throwing a big number out, at least appears to balance things somewhat.


    CROSS MY HEART (AND HOPE TO DIE) definition is said to show that what you have just said or promised is completely true or sincere

    A bitcoin Account # has a lot of leverage
    How can Vladimir Zelensky, a Nazi, crash a meeting of the most powerful democratic countries, (G7), unless he has leverage.
    “If ex-US President Donald Trump is re-elected in 2024, it would be the downfall of both Ukraine and democracy in America, former Democratic presidential candidate Hillary Clinton warned on Saturday. “
    The battle for Artyomovsk (called Bakhmut by the Ukrainians) began in August 2022, began in 2014.

    Dr D Rich

    Regarding January 6th

    What is one to do when those “Leaderships” (their self-anointed title not mine) in charge before during and after January 6th remain in control of your future when they are wrong and you, me, disagree with them?
    I feel like I’ve been fighting this uphill battle since POTUS openly bragged about “torturing folk” in 2003 and summarily drone executed children and folk again under Pres. Obama

    Clearly, as evidenced by Admiral Nathman’s rhetoric, we are at war, internal and civil. The entirety of federal government AND the military moved in lockstep against President Trump AND they don’t plan on going to jail.

    Nathman: “July 2022, he joined with other former U.S. military leaders in condemning former president and commander in chief, Donald Trump. “While rioters tried to thwart the peaceful transfer of power and ransacked the Capitol on Jan. 6, 2021, the president and commander in chief, Donald Trump, abdicated his duty to preserve, protect and defend the Constitution.[2]””

    I am one of these guys, too…..”Nathman graduated with distinction from the United States Naval Academy in 1970″

    It seems Nathman conveniently forgot the enemies foreign and domestic part when the president he praised, Obama, ordered seditious acts against against the Trump campaign and presidency.


    Another Massive Missile Attack | Military Summary And Analysis 2023.05.22


    Goebbels was throwing out reports like Ukronaziland does right up until the last days of the Führerbunker

    They flooded the Berlin subway to slow down the last advances of the Red Army and give them a few more days before total defeat and drown thousands of wounded German soldiers who were in field hospitals down in the subway ‘safe’ from allied bombing raid.

    Nazilensky would do the same if Kiev had a subway like Berlin.

    F-16s are a joke, only good for bombing wedding parties and goat herders, I relish the spectacle of Russia blasting them out of the skies of Ukronaziland.

    Russia’s fourth and fifth generation fighters have standoff air to air missiles that have confirmed kills at 180km, far far in excess of anything and F-16 ‘Grandfather’ can handle.

    Not to mention the amazing integrated air defense network Russia has covered the country with.

    The Empire of Lies is going to try to empty Euroturdistan of it’s F-16s and have them all destroy by Russia so they will be forced to replenish their air forces with new F-22s and F-35 “Lardbuckets’, a win win for thye thugs and crooks and low life gangsters at Raytheon



    But still the mouth opened so …..

    lie fell out 🙁



    Follow the White Rabbit


    I’ve tried a couple times to post this already – somehow even with just the youtube address and nothing else, it doesn’t post. Trying again with more text to see what happens.

    Current-Year Gnosticism:

    Gnosticism in… 30’s/40’s Germany:

    Dr D Rich

    against against is really against and doubly against…according to John Paul Jones


    WHO is this statement for? Not for us: we don’t care. Not for Russia: they won’t believe it. So why open your face-hole?

    The “superpower” of Cluster-B narcs: But that would serve no purpose. Would be self-humiliating and embarrassing. Would be a waste of time and energy. So surely it cannot be that.

    It’s so stupid, I had a hard time believing it for a long time. Ever come across those poor dweebs on youtube talking about “manifesting.? Willing things into reality by believing and visualizing it just right? “One time, I Manifested a $400 scratch off ticket” etc.

    I’m starting to believe They really are that stupid. It is difficult to acquire faith in this level of stupidity existing in people.

    If you thought the nature of the universe was caused by by all the conscious humans Manifesting it, then if you wanted to get control of the universe, you’d destroy consciousness as much as possible, disrupt perceptions as much as possible, and get people on board with your own concept of reality as much as possible.

    Like if you thought there was this big weight of other conscious people creating too much inertia for you to Manifest your own reality, destroying human consciousness, disrupting human consciousness, or getting people to agree with your own ideas – or just eliminating people altogether – would be the “logical” approach.

    Idunno. Maybe it is that stupid.

    Dr D Rich

    I think when Dr. D worships at the altar of “price discovery”, I think he really means interest rate/price discovery/rigging of the LIBOR kind.


    John Day

    Former US Marine Charged In Death Of Homeless Man Breaks Silence
    “I’m not a white supremacist, I love all people.”
    When asked by the paper what he would say to the family of Neely, whose funeral was on May 19, Penny said, “I’m deeply saddened by the loss of life.
    “It’s tragic what happened to him. Hopefully, we can change the system that’s so desperately failed us.”


    I think when Dr. D worships at the altar of “price discovery”

    Dr D is submerged in hot tub of some fair game system that exists only in his head. Damn every aspect and manifestation of human nature, especially the one that leads to over the top financial success (measured by the US metrics) and power hold.

    End of blog with animal photos and video clips offers brief moment of sanity.
    Every time!

    John Day

    Timing A Crisis (if it can’t be prevented, then…)

    Financial markets seem to be assuming business-as-usual drama,then a quick debt-ceiling deal when markets freak out. This time might be different. A financial shock is going to happen. Making a shock happen now, in a fairly well understood situation, which has happened before, and is readily reversible by a deal, might be a desirable way to cause a shock, cause some damage, and make repairs. This could be a somewhat controlled-demolition. Just a thought.
    ​ ​Debt Ceiling Negotiations Crumble, McCarthy And Biden To Hold Sunday Call As Impasse Intensifies
    ​ ​”It seems as though he wants default more than he wants a deal,” House Speaker Kevin McCarthy (R-CA) told Fox News on Sunday. “We have got 11 days to go,” McCarthy continued, urging Biden and the Democrats to be “sensible about this.”​ …
    ..Treasury Secretary Janet Yellen underscored the urgency of the situation, telling NBC that the likelihood the US would be able to pay its bills by mid-June is “quite low.”
    ​ ​”Well, there’s always uncertainty about tax receipts and spending,” Yellen told “Meet the Press” on Sunday. “And so it’s hard to be absolutely certain about this, but my assessment is that the odds of reaching June 15 while being able to pay all of our bills is quite low.”​[Yellen does not consider selling assets​ or minting a trillion-dollar-platinum-coin​ to pay the bills. Treasury is required to pay the bills, after all.]

    ​ ​Both Biden and McCarthy have vowed to avoid defaulting on the nation’s obligations for the first time in history, despite disagreements over how to proceed The GOP has insisted that any increase in borrowing be accompanied by steep cuts in government spending – and passed a House bill in April to accomplish this, while Democrats want a ‘clean’ increase with no strings attached. For months, Democrats have refused to negotiate, and only entered into talks in the last week as the deadline approached.

    ​ This article looks at the ways for the US Federal Government​ to manage debt payments going forward, now that the decade of of ultralow interest rates has been spent, using up the deflation of Chinese economic and export growth, Quantitative Easing, and purchase of junk assets to encourage economic growth (of any sort), while keeping Federal Interest payments at a low percentage of tax-receipts and GDP. “Broad economic growth is ideal”, but there is ample reason to believe that won’t happen in the post-peak-oil epoch. Moderate inflation with real interest rates remaining negative can help if everybody plays along. Devaluing the dollar helps, but through what mechanisms, and how rapidly. Devaluing the $US against a new gold standard is not discussed, but may well happen. CBDCs are not discussed. Financial-regime continuity, including $US reserve-currency status, is assumed.

    ​ ​PATRICK LAWRENCE: The USA’s Soviet-Style President​
    ​ ​We are in for 19 months of relentless, insultingly transparent spin by way of which a patently incompetent man will be purveyed as commander in chief for another four years.
    ​Biden is not running for president. He is better understood as a creation of the Democratic machine and whose function is to front for the Deep State while it gets a declining empire’s work done. His obvious incapacities are just right for the job.
    ​ ​Remote, unanswerable and unanswering, Biden seems to me the U.S.’s first fully Soviet-style president. During his 2020 campaigns I compared him with Yuri Andropov and Konstantin Chernenko, the two dottering Soviet general-secretaries who preceded Mikhail Gorbachev. Then a reader pointed out this was unfair to Andropov and Chernenko, given what they got done in the late Soviet Union on the domestic side. I stood corrected. But I still wonder how many steps away Biden may be from the taxidermist.​..
    ​ Biden’s decision to stand for reelection — was it his or the Deep State’s? — is a dangerous business given the late imperium’s desperate conduct in Ukraine, across the Pacific, and elsewhere. And no one much mentions the frightening, spine-chilling reality that there is a more than an even chance Kamala Harris will serve as our 47th president within six years of the date-stamp on this column.
    ​ ​Silence, a Soviet silence, must prevail on all such matters.
    ​ ​The opinion polls are all over the place at this point, but one conducted by The Associated Press and NORC just before Biden committed to run indicates that three-quarters of American voters, including a majority of Democrats, don’t want him to.

    PATRICK LAWRENCE: The USA’s Soviet-Style President

    John Day

    ​Christine sends this John Helmer article, opening with one of the comments, as will I.
    ​Posted by: FVK | May 21 2023 12:54 utc | 1
    Yesterday, in his speech congratulating Prigozhin and Wagner on their victory over the Ukies with the taking of Artemovsk, President Putin announced that he activated the “PERIMETER” system.
    The PERIMETER system is Russia’s “dead hand” automatic response system to attacks on Russia proper. It controls launch and targeting of Russia’s Nuclear Triad/Strike Force.
    When I read this, I was mystified…. Why should this victory cause activation of PERIMETER???
    Now, with Helmer’s analysis, I understand…
    Russia takes the threat of a NATO first strike/ decapitation strike…. seriously…
    This specifically means…. if NATO uses the “Exercises” as cover for a strike against Russia… Russia will launch a massive nuclear strike on NATO…
    ​There is a grave risk that in three weeks’ time US and NATO forces will attempt direct combat against Russia.
    ​ ​The operational plan is to strike from Romanian airspace in the south and the Baltic states in the north, in camouflage of the NATO exercise called “Air Defender 23”, and under cover of US F-16 fighter aircraft purportedly operated by Ukrainian pilots but fuelled, directed, and guarded by more than two hundred US and NATO aircraft, including the most advanced US air war fighter, the F-35.
    ​ ​“This [is] the largest deployment exercise since the foundation of NATO”, according to the cover story published by NATO headquarters. “


    ​Moon of Alabama (Germany): ​The Arabs Are Reunited And Israel Is Out
    Just ten weeks ago I was in awe. “This is huge!” I wrote about the surprising news of the restoration of ties between Saudi Arabia and Iran after mediation by China (and Russia).
    With that it was obvious that the conflicts in Syria, Iraq and Yemen between Iran friendly and Saudi sponsored forces would be coming to an end. But no one predicted the speed with which that is now happening.
    Today President Assad of Syria was welcomed back in Saudi Arabia to a summit of the Arab League…
    ..The Saudis are even rebuilding their relations with Hamas, the Palestinian Muslim Brotherhood entity which the U.S. has declared to be a ‘terrorist group’…
    ..I do not see much hope for any talks with Israel as it can not commit to any reasonable solution..​.
    ​..​Israel’s problem, since its founding, are the two distinct groups that it attempted to unite under the roof of Zionism. The more secular and liberal European Ashkenazi have mostly led the country while the Middle Eastern Mizrahim and Ultra orthodox Haredim played a side role. But they have the higher birthrate and are on their way to become the majority. The aims these different groups have are incompatible and feed a permanent conflict:
    ​ ​For decades, the Ashkenazi leadership assumed the religious right, especially the Mizrahim and Haredim, would accept their inferior status in Israel’s Jewish hierarchy so long as they were bought off with privileges over the Palestinians.
    ​ ​But the religious right is now greedy for more than the right to oppress Palestinians. They want the right to shape Israel’s Jewish character too.
    ​ ​The religious fervor the Ashkenazi establishment hoped to weaponize against the Palestinians, especially through the settlement enterprise, has come back to bite it. A monster has been created that increasingly cannot be tamed – even by Netanyahu.
    ​ ​The new Middle East has now only one entity that is swimming against new the Zeitgeist current. That entity is disunited and unable to decide on anything. There is no one on the Israeli side with whom China, or anyone else, could make a deal over Palestine that would stick.
    ​ ​Should the Mizrahim and Haredim win, which they likely eventually will, the more secular Ashkenazi may even start to leave. ​[A Greek friend reports they have been relocating to Greece for over half a year already.] Israel’s capabilities would leave with them. A reabsorption of a less capable and rich Israel into a wider Middle East might then become possible.

    ​Jonathan Cook has the full article referenced above. It is an informative read. Zionist Israel does not have a “problem”, but a “conundrum”.​
    Nakba at 75: Israel’s State-Building Project Is Unraveling – From Within

    Nakba at 75: Israel’s State-Building Project Is Unraveling – From Within

    John Day

    In the late 1990s my research led me to conclude that early childhood administration of mercury (Thimerosal) containing vaccines caused the autism epidemic.
    When our children were young (1989-1997) we and numerous of my peers with young children delayed any vaccination until after a year. We were all suspicious of the sudden advance in vaccination schedules after the pharmaceutical companies were granted blanket immunity from liability.
    Our suspicions are tragically confirmed.
    ​ Steve Kirsch: ​Vaccines cause autism Nearly all the world’s autism experts know it. They just can’t talk about it.
    Did you know that there are large pediatric practices in America located in high autism areas that have ZERO kids with autism? Normally, we’d simply study what these practices have in common that are different from their peers. It’s called “copying what works.” Showcasing these best practices would dramatically improve the health of kids in the US and reverse the staggering rise in autism rates which are now nearly 5% of people under 40 (per my survey of 10,000 kids).
    Note: I make my 10,000 children survey record-level data public for everyone to see. The CDC doesn’t.
    If these “best practices” were adopted and encouraged by the CDC, FDA, and NIH, we’d be the healthiest nation on earth and autism rates would drop to insignificant levels…
    ​..​I will fund a study to identify the common unique practices of clinics with superior health outcomes (including zero autism). And I’m also going to fund a robust statistical analysis on my survey data to prove that it shows a causal link between vaccines and a variety of chronic diseases in a way that is impervious to attack.​.
    ..​On May 19, 2023, I did a survey of parents who described the health challenges of their kids. The data showed a huge signal that vaccines in general increase your likelihood of various chronic diseases including autism. For autism, ADHD, food allergies, etc. it was a 5X signal; for autoimmune diseases, the risk was elevated by around 25X.​..
    ..The pediatric practice with “off the charts” health outcomes eschews the use of all vaccines, vitamin-K shots, and acetaminophen. ​ ​No acetaminophen period. Ever.

    ​ Meryl Nass MD: ​ I missed the most damning slide of all from yesterday’s advisory meeting on Pfizer’s RSV shot for pregnant women.
    ​ ​I missed it, because Dr. Munjal was flipping through her slides so fast I could not read them. Now I know why she did that. It was to avoid discussing these data while still claiming she presented them. The FDA speakers did not discuss this either, nor did the members.​..​ ​
    ..​Data reported by Pfizer to the CDC indicated that 14% of pregnant women who participated in Pfizer’s trial sustained an adverse event, with 4.2% sustaining a “serious” adverse event, 1.7% experiencing a “severe” adverse event and 0.5% suffering a “life-threatening” adverse event.
    Similararly​, the same data showed that 37.1% of infants whose mothers received the experimental Pfizer vaccine experienced adverse events within one month of birth — with 15.5% classified as “serious,” 4.5% as “severe” and 1% as “life-threatening,” while efficacy waned within months of vaccination.

    ​ Myocarditis signal was known in Feb 2021 but FDA and CDC hid it until they got the vaccine authorized for 12-15 year olds in May 2021. Here is the proof. FDA, CDC and Israeli evidence. Willful misconduct is clearly demonstrated. Meryl Nass MD​
    The VAERS contractor for CDC and FDA (Oracle had the contract) told the agencies there was a myocarditis adverse event signal in February 2021. This was 2 months after the Pfizer and Moderna vaccines were authorized. (Myocarditis shows up within 4 days of the second shot over 80% of the time, so it is hard to miss the obvious vaccine connection.) This involved people reporting myocarditis to VAERS before there had been any publicity about the connection.


    Maritime security
    This is especially concerning because network segregation is challenging onboard a vessel and often broken down for ease of use. Yet it is critical for protecting OT onboard vessels from less-trusted IT networks where threats propagate with relative ease.

    At what point is it going to be realized that interconnectivity, while convenient, is *always* going to be a security risk?

    The only fail-safe way to keep a system secure (barring physical user error or malicious act) is for it to be “air-gapped” — physically separated from other devices and networks. Maritime ships for years did not have full interconnectivity — why must they now? The satellite GPS system is passive — the GPS receives signals from at least 3 satellites and calculates position on a hard code map. The satellites do not know how the data is used — they just broadcast. (Ah….but interconnectivity equals totalitarian control, hence all must be connected.)


    Dr D is submerged in hot tub of some fair game system that exists only in his head.

    This is how Gnostic mysticism moves in – via tireless“Criticism”

    Just keep saying “not that” – and “it’s not perfect” no responsibility to propose an actually perfect system.

    To the extent things work, it’s that people cannot be forced to do work or give away possessions against their will for free – things work best when you have to make or do something that others would willingly exchange for in order to get stuff from them.

    And of course Price Discovery is just being free not only of physical coercion but free of coercion via deception when freely making that decision.

    We live in a system that fuses corporations ngo’s and governments, uses coercion and dishonesty, therefore price discovery doesn’t work, is bad?

    If price discovery isn’t perfect – or if price discovery doesn’t exist perfectly – then, bad? Then silly embarassing illusion?

    Price Discovery is a real thing that happens. Things work to the extent that it happens and go bad to the extent that it doesn’t happen. The USSR fell because they couldn’t discover stuff. Current year Marxists at least admit that, but say that quantum computing and AI will make it work this time.

    Therefore say the person who likes it is living in unreality. Typical Gnostic thing. The real thing is unreality.

    Michael Reid

    Kevork Almassian of Syriana Analysis discusses the true story behind the Syrian conflict and the war on Damascus which includes a New Middle East divided along sectarian lines. Despite being welcomed back into the Arab League, Syria remains in a weak position, though there’s a good chance Turkey will pull out of the country after elections which should lead to eventual U.S. withdrawal. The balance of power in the Middle East is clearly shifting. American Empire is in its last phase of decline. There is no democracy in the West, if you challenge the system, they throw you in invisible economic jail, you’re done. Telling the truth is important, keep speaking out.

    Kevork Almassian: MidEast Balance of Power Shifting, Pax Americana in Last Phase of Decline


    I almost missed the imagery.

    What does current-year Gnostic Marxism Wokeism say? As handed down by the Frankfurt School – Useless Marxist Sociology Professor-Wizards Who Hate You?

    You live in capitalism. Encapsulated in a matrix pod of lies, invalidating your judgement, worldview, even your very consciousness. You’d defend your matrix pod because you benefit from it.

    Kudos on the Hot Tub innovation – in a Matrix Pod, one would merely be a victim.

    He’s sitting in a soup of lies, illusions, but it’s now the capitalist matrix pod is a HOT TUB – ie luxury ie privilege. What a jerk – he’s sitting there smugly blinded BY that soup of smug luxury/privilege into believing in capitalist concepts. Gosh darn jerk is benefitting – and not even with the necessities of life, but self indulgent luxuries!

    If Price Discovery demonstrably provided food, shelter, clothing, medical care, or other necessities to common folks, he wouldn’t look nearly as ridiculous or jerky, so it is good that you are on safe ground with hot tubs.

    Golf clap.


    RFK jr conveniently missing from the political figures poll.


    It takes time to populate a “ghost city”:

    Ordos City


    You live in capitalism. Encapsulated in a matrix pod of lies, invalidating your judgement, worldview, even your very consciousness.

    From my comment above:

    Damn every aspect and manifestation of human nature, especially the one that leads to over the top financial success (measured by the US metrics) and power hold.

    So much for the price discovery there. They will allow it?


    Are they completely stopping it?

    Are you saying the concept doesn’t compute, that conceptually it is possible but 100% is not there, that it doesn’t exist perfectly (and what’s supposed to follow from that), some other thing?

    It seems to me that Dr D tends to lament the blocking of price discovery and warns that price discovery will eventually catch up with you if you suppress it. What’s your point in that context? You think HE thinks price discovery isn’t being suppressed? Or what?

    Like, if it’s the allowing/stopping that is at issue, and you’re saying it is being blocked, and he’s saying it is being blocked, what specifically are you taking issue with?

    Michael Reid

    what specifically are you taking issue with?

    Don’t know for sure but corruption/lies/fake comes to mind

    Sure would be nice if the news wasn’t so weird.

    On a personal note, I am installing a wind array composed of 24 vertical axis wind turbines (VAWT) 400 watts each since the solar array of 24 solar panels 400W each are lazy workers in the rain, snow, fog, night and otherwise nasty days which usually produce an abundance of wind usually all night and into the day(foggy days are questionable). Apparently these wind turbines can handle 100 miles per hour wind speed which we have had on occasion. Should help keep the batteries up without having to run the gasoline fueled generator.

    Michael Reid

    Reality isn’t what it used to be. It never really was, but that’s another story. This one isn’t about reality per se. It’s about the War on Reality, the one we’re in the middle of, the war that started when the War on Terror was cancelled in the Summer of 2016. It’s actually an extension and an evolution of the War on Terror, and the War on Populism, and the rollout of the New Normal in 2020 … but that is also another story. I want to focus on the war that is raging currently, on the Internet, in people’s workplaces, homes, among friends and families, and in people’s heads. I’m pretty sure you know the war I’m talking about, regardless of which “side” you feel you are on.

    Veracious Poet

    Yes, 100 FBI agents were CAUSING the riot, not stopping it. We have the CNN/Antifa cameraman saying “I can’t believe we actually got them to do this!” That’s on camera, we all saw it, which is why it didn’t happen.

    Just like Waco, where the Uniparty Empire spent years + untold amounts of U$D to cover up the deliberate death-by-arson of 76 men, women, and children (all “Americans”), unleashing dozens of “reports” detailing how the ATF/FBI were justified in the siege’s rules-of-engagement, finally launching the equivocating fabrication that the Davidians torched themselves 🙄

    A yearlong investigation ensued, during which the Office of the Special Counsel interviewed 1,001 witnesses, reviewed over 2.3 million pages of documents, and examined thousands of pounds of physical evidence. In the “Final report to the Deputy Attorney General concerning the 1993 confrontation at the Mt. Carmel Complex, Waco Texas” of November 8, 2000, Special Counsel Danforth concluded that the allegations were meritless.
    Based on this evidence and testimony, the Special Counsel concluded that the fire was started by the Branch Davidians.

    Who are you going to believe, me or your lying eyes?

    This clip was taken from a documentary called Waco: The Big Lie. You get multiple angles that show the tanks caused the fires, not the Davidians. Also, the Netflix documentary conveniently leaves out the scene where they flatten the buildings after the fires to prevent any further investigation

    Well, it’s clear that in 2023 if you’re not part & parcel of the Uni-Party Imperial “electorate”, who love rape, pillage, plundering & post-labor abortion, you are clearly in the minority…

    Homicidal/suicidal aficionados, one & all…

    My work here is done 😉

    Michael Reid

    The sanctions have failed

    Dr. D

    I just say: “Is fraud illegal?”

    “Has it been illegal since before governments existed?”

    Then what are we talking about price discovery and you and me deciding on a price?

    Sad Panda is Sad. Illegal action is illegal.

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