Debt Rattle April 15 2019

 

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  • #46713

    Jack Delano South Puerto Rico Sugar Company plant, Ensenada, Puerto Rico 1942   • Trump: The Stock Market Could Be As Much As 10,000 Points Highe
    [See the full post at: Debt Rattle April 15 2019]

    #46714

    So first you had the climate change kids and now it’s become Extinction Rebellion even though those are completely different issues. Do I get that right? Who pulls the strings on this one?

    #46715
    V. Arnold
    Participant

    Who pulls the strings on this one?

    Not you and not me; or anybody we know.
    That’s all I know for a certainty…

    #46716
    Dr. D
    Participant

    “Trump: The Stock Market Could Be As Much As 10,000 Points Higher (MW)”

    What happens with his plan? Crisis, money flows TO the core and reserve currency for safety. EM/Europe goes down, US Markets boom, and even the real economy, a little bit. What happens after his plan? Currency is discredited, the National Bank that issues it is discredited, and the entire system is discredited and replaced. …After the debt, the one we can’t pay, won’t pay, and never intended to pay, is hyperinflated away. Or maybe restructured away. History shows even if they try an IMF Bancor, a Sachs crypto-ripple, a new T-bill, none of it will work since a system where you don’t trust any of the people or organizations involved cannot then issue the NEW currency based on their failed trust. It moves to gold or land-backed Deutschemarks or what have you. Only THEN can they cheat and steal again. And they will, but maybe 10 years later. In the meantime Trump gets elected BY destroying the Fed and doubling the Dow.

    So dumb idea? Sure, but we burned that bridge in 1979. Trump didn’t choose it, he inhereited it. Is it dumb to get enough gasoline that you can burn down the existing structure, knowing it will be replaced with a (more) honest one? Well, a lot of people will get hurt, but a 95% of US counties are hurting now. You decide. It’s politics, where there are only bad choices.

    “Pelosi Rips AOC, Says Her Posse in Congress Is ‘Like Five People’ (NYPost)”

    The party is irrevocably split because they both left the people: the workers and moderates.
    Michael Moore and others have been shouting for years, summed up well in the Roseanne Barr – Kimmel interview:

    “Barr responded to Kimmel who was surprised that someone as liberal as her could put up with Trump.

    “I am shocked because I know you are a socially liberal person in general,” Kimmel said.

    “I’m still the same! You all moved,” she said.

    “We did?” Kimmel asked.

    “You all went so f**king far out you lost everybody,” Barr said.”

    That was years ago. Once informed, and having lost a critical election, they went 5-10x further out chasing AOC on Twitter. I was trying to say “don’t do that” to anyone who would listen, and so have many others including PA, WI, and MI. Regardless of the merits of each party, it won’t win elections, and then you get no policies at all. Instead, as CBS’s “The Good Fight” promotes, they say you should take to the streets and attack your countrymen at will. If you can’t win an election then surely you will win a street battle against a red-hat-wearing population that owns 100% of the guns and 70% of the police and veterans, right?

    …It somehow seems easier to just win elections, and fewer houses are burned, but I’m just some guy who found it astonishingly easy to see Trump win, the Russiagate be fake, and because of the lies, and the lies’ distraction from health care, social services, and jobs, the re-take of Congress be inadequate. So did Moore and 100 others, but hey, when you’ve got a plan that’s consistently losing, who am I to make you change?

    Anyway, zealots have ideological purity tests, then a circular firing squad, and are going after each other daily in a feeding frenzy, a perfect example of how intolerance and evil destroys itself: that’s how you know it’s evil. Sadly. Even though my side prospers when you do, please stop. Please. We’ve warned since the 90’s, since 1954 that we would end up here, and here we are. Can we just leave the other guy alone for once? Can we try free speech and tolerance again? I think that’s what they’re for.

    “Assange Tried To Use Embassy As ‘Centre For Spying’ – Moreno (G.)”

    If by ‘spying’ they mean ‘reporting the truth’, then yes. Which is what they mean everywhere else they’ve said it.

    “I’m Jumping Off the Trump Train: Assange Was the Last Straw (Jatras)”

    This goes with Cait’s review of Q-tips. https://medium.com/@caityjohnstone/trump-supporters-are-hurting-assange-with-their-4-d-chess-talk-f2ad9ccc163 Doesn’t matter if it’s “part of a plan”, our part in this, every day, is to advocate for law and justice. If indeed we should be so lucky that there is a plan, they will use our support of Assange to restore free speech and the Constitution much easier than our indifference. It’s not our duty to win, only to fight.

    “Charles Schumer said he hoped Assange “will soon be held to account for his meddling in our elections on behalf of Putin and the Russian government”

    As I’ve said: so their plan is to get Assange under oath, on record, in front of a microphone? And this is how the Republocrats stop the media and free speech? Okay but don’t say I didn’t warn you.

    #46717

    Isn’t the plan for you to never hear from Assange again? His best bet may be what’s left of the British court system. There could still be some decency left in there.

    #46718
    zerosum
    Participant

    Before the web, I thought that we elected the the best among us, to lead us.
    The web is shining the light on our elected creatures and revealing their true color?

    #46719
    Dr. D
    Participant

    So I hear from some sides. But it’s hard to tell when both England’s and America’s court systems are 1/3rd functional.

    And Sweden’s, apparently. Does Ecuador’s work at all? In any case, we can speculate on the thin and threadbare charges, the appeal-worthy judges, the lack of process, the time served . . . and put that against the politics served — which are more than advertized by the man they claim won the election by him, and also the politics lost, as in the DNC and CIA.

    That’s too many variables for me, I just have to point that the lousy charges, the stretched jurisdiction, the bent judges — and all on the record — means there’s also good reason for him to ultimately get off, which is the only important thing. We can’t record the reasons he’ll disappear without also pointing to the many reasons he can escape. If he gets rinsed through the justice system, there’s no double jeopardy, a method prosecutors use to let people off all the time.

    #46720

    There are certainly some solid tests coming up for systems that are centuries old, and were defined by events including some that happened centuries before, defined for often very serious reasons. UK law, US law were reactions to things that had gone awfully wrong, and people put a lot of effort into getting them just right. Can these same systems now be used to perpetrate awfully wrong actions? That would mean the people who wrote the laws in those systems have awfully failed, I would suggest.

    #46721

    Notre Dame Cathedral in Paris is burning. And I’m watching this on CNN on my laptop.l How many ironies are there in this?

    What a building. Don’t know how many of you have ever been, but take my word for that. Nothing much else that man has built was ever that impressive. And I have the Akropolis minutes away from where I am.

    The fire is massive, by the way, just in less than 30 minutes. Fire trucks have a hard time getting there, traffic don’t you know.

    #46722

    Building started in 1160, ‘finished’ in 1260. It’s done, it’s gone. Nothing will be left.

    #46723
    John Day
    Participant

    http://www.johndayblog.com/2019/04/the-pompeo-doctrine.html
    When President Trump nominated the representative from Kansas, Mike Pompeo, as Director of the CIA, we interpreted this unexpected nomination in terms of the President’s difficulty to find allies in the Republican Party which he had just over-run. We had forgotten that from 2006 to 2010, Pompeo had been the CEO of the hydrocarbon equipment supplier Sentry International. He knew how the oil market worked, and knew personally the world’s main actors. At the same time, President Trump nominated Rex Tillerson as Secretary of State. Tillerson had been the CEO of one of the major hydrocarbon companies, Exxon-Mobil…
    It is obviously impossible today to estimate the extent of Pompeo’s actions as head of the secret service. However, we may entertain the thought that his older objectives may not be too far removed from those he defends today…
    The 2019 Congress (CERAweek, 9 to 13 March, in Houston, Texas) was the largest international meeting in History on this subject. The CEOs of the main companies of 78 countries were present. Top of the bill was the speech by Mike Pompeo. The whole profession had been notified of the importance of his intervention, and this was the only moment at which the huge room was chock-full.
    After having saluted his ex-colleagues, Mike Pompeo expressed his pride for the incredible performances of his country’s oil industry, which, in six years, had become the world’s major oil producer, thanks to new techniques for the extraction of shale. He announced that he had created a special bureau in the State Department tasked with managing energy resources. From now on, the directors of specialised US companies would have to talk to him. His mission was to help them to win markets overseas. In exchange, they must agree to help their own country to apply his energy policy.
    This consisted both of producing as much as possible in the United States, and also drying up a part of the world offer in order to balance the market. This is the only way that the country would be able to sell shale oil and gas, since their extraction is particularly expensive.
    According to the Pompeo doctrine, it is not a question of reducing world production to the level of demand per quotas of production, such as the OPEP+ has instituted for the last two years, but by closing the door on certain large-scale exporters – Iran, Venezuela and Syria (whose gigantic reserves were discovered only recently, and are not yet being exploited).​..​
    Besides this,the US Treasury Department is blocking all means of transport for Iranian and Venezuelan oil, and also deliveries to destinations in Syria…
    The attitude of the White House towards Syria is different, insofar as this country is currently unable to exploit its reserves, and Russia is allowing time to pass. The aim is to prevent reconstruction and therefore make life impossible for its people. The CIA is implementing an intense strategy of sabotage against any form of energy supply. The majority of the population, for example, has no more gas for heating their homes, nor for cooking purposes. Worse, a Turkish petrol tanker which was transporting Iranian product to Syria was sabotaged off the port of Latakia. The ship exploded, causing the deaths of its entire crew and a vast oil slick which the Western Press did not even mention…
    Mike Pompeo is attempting to impose a new distribution of territorial waters which would re-route Lebanese oil tankers under Israëli sovereignty…
    For the moment, Donald Trump’s policies can only succeed by diminishing US demand. Until now, hydrocarbons were mainly used to fill automobile petrol tanks, which explains the development of projects for electric cars. Consuming petrol in order to supply electricity is much less expensive in the United States than using it directly in car motors. Above all, electricity can be supplied from various sources on US territory, inexpensively and at stable prices.
    It is important to note that the development of electric vehicles has hardly any connection with the ideology according to which we must decrease the production of CO2 to bring down the temperature of the Earth.​..
    The United States will not allow the export of hydrocarbons from Iran, Venezuela and Syria until 2023 or 2024, the date at which their shale production will begin to decrease rapidly, according to the International Energy Agency (IEA). Once again, the entire geopolitical structure will be overturned. Thanks Eleni.​
    https://www.voltairenet.org/article205987.html

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