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THESE apps had HIDDEN code secretly sending data to US Intelligence!

Posted by M. C. on April 9, 2022

Hidden code in certain apps has been sending your data to… a US Intelligence defense contractor??

WhatsUp is malware.

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Do “Inflationary Expectations” Cause Inflation? Contra Krugman, the Answer Is No

Posted by M. C. on April 9, 2022

So what is the present status of inflation? The official version is that the yearly growth rate of the US Consumer Price Index (CPI) stood at 7.9 percent in February against 7.5 percent in January and 1.7 percent in February 2021. However, in terms of money supply, inflation stood at 7.9 percent in February 2021 against 4 percent in January 2019. Given such massive increases in money supply and given the long time lags from changes in money and changes in prices one should not be surprised that the yearly growth rate of the CPI displays a visible increase.

https://mises.org/wire/do-inflationary-expectations-cause-inflation-contra-krugman-answer-no

Frank Shostak

n the New York Times article “How High Inflation Will Come Down,” Paul Krugman suggests that the key for future inflation is inflation expectations. Krugman does not think that currently inflation expectations are comparable to the 1980s. According to him:

Forty years ago, as many economists will tell you, inflation was “entrenched” in the economy. That is, businesses, workers and consumers were making decisions based on the belief that high inflation would continue for many years to come. One way to see this entrenchment is to look at the wage contracts—typically for three years—that unions were negotiating with employers. Even then, most workers weren’t unionized, but these deals are a useful indicator of what was probably happening to wage- and price-setting more generally.

Furthermore:

So, what did those wage deals look like? In 1979, union settlements with large companies that didn’t include a cost-of-living adjustment specified an average wage increase of 10.2 percent in the first year and an annual average of 8.2 percent over the life of the contract. As late as 1981, the United Mine Workers negotiated a contract that would raise wages 11 percent annually over the next several years…. Why were workers demanding, and employers willing to grant, such big pay hikes? Because everyone expected high inflation to persist for a long time. In 1980 the Blue Chip Survey of professional forecasters predicted 8 percent annual inflation over the next decade. Consumers surveyed by the University of Michigan expected prices to rise by about 9 percent annually over the next five to 10 years. With everyone expecting inflation to continue, workers wanted raises that would keep up with rising prices, and employers were willing to grant those raises because they expected their competitors’ costs to be rising as fast as their own. What this did, in turn, was make inflation self-perpetuating: Everyone was raising prices in anticipation of everyone else raising prices. Ending this cycle required a huge shock—an economy so depressed both that inflation fell and that workers were compelled to accept major concessions.

This time around, Krugman holds, things are different:

Back then almost everyone expected persistent high inflation; now few people do.Bond markets expect inflation eventually to return to pre-pandemic levels. While consumers expect high inflation over the next year, their longer-term expectations remain “anchored” at fairly moderate levels. Professional forecasters expect inflation to moderate next year. This means that we almost surely aren’t experiencing the kind of self-perpetuating inflation that was so hard to end in the 1980s. A lot of recent inflation will subside when oil and food prices stop rising, when the prices of used cars, which rose 41 percent (!) over the past year during the shortage of new cars, come down, and so on. The big surge in rents also appears to be largely behind us, although the slowdown won’t show up in official numbers for a while. So it probably won ‘t be necessary to put the economy through an ’80s-style wringer to get inflation down.

Given all this, Krugman holds, history tells us that we are not moving to rampant inflation as we did in the 1970s:

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Leviathan Floundering

Posted by M. C. on April 9, 2022

The result of all that? America and its partners in Western Civ resign from modern life and go medieval. Everything about America is looking more and more medieval — our rough living conditions, our lawlessness, our violent entertainments, our Hobbesian racketeering, our occult sexual preoccupations, our depraved elites, our quack science. Our center has not been holding for so long that hardly anyone even remembers where the center used to be. And now the bottom is falling out.

James Howard Kunstler

Back in the quaint old days of the George “W” Bush admin, White House political advisor Karl Rove famously said, “We’re an empire now, and when we act, we create our own reality. And while you’re studying that reality — judiciously, as you will — we’ll act again, creating other new realities, which you can study too, and that’s how things will sort out.” He was actually bragging on it, a little bit, I think.

Didn’t that set the tone for the years that have followed? The part that even the perspicacious Mr. Rove missed, though, is that the viziers of empire are perhaps even more apt to create their own unreality, which explains a lot about these fretful present days of American collapse. Is there anything the government tells you now that is not some sort of fabrication? One thing for sure is that the elite colleges churn out thousands of certified bullshit artists every year — with no other skills — and many gravitate to the power centers of our national life, where they rise in the ranks spinning metaphysical simulacrums of their boss’s purviews — the Jen Psaki types, who ricochet between the DC political bunkers and boob tube news central. The less glib and physically unpresentable become mere “fact-checkers,” the network of casual liars who toil in the trenches of official unreality.

It’s all pretty hard on the common folk’s brains, and eventually on their souls, as they sink into this mire of purpose-spun cognitive dissonance. Why, for instance, is the head of the CDC, one Rochelle Walensky, still telling the public to vaxx-up and boost when the number of really grave adverse events associated with said vaxxes is so out-of-this-world, compared with previous vaxxes, that liability lawyers from sea to shining sea could be magnificently employed piercing Big Pharma’s EUA shield with fraud charges until the next ice age?

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The Disney Company Quits Russia – And Not a Moment Too Soon

Posted by M. C. on April 9, 2022

While this may be the ‘new norm’ in the West, Russia now finds itself at a magical moment, as it were, where it can forever shut the door to a rudderless company that finds itself promoting ideas that are totally at odds with Russian values and beliefs, while posing great harm to the psychological state of children.

Robert Bridge

Russia now finds itself at a moment where it can forever shut the door to a rudderless company that finds itself promoting ideas that are totally at odds with Russian values and beliefs.

Although the news may seem a bit trivial, with war and economic chaos flaring in the background of the global stage, Disney leaving Russia will have the same mental and physical benefits as McDonald’s and Pornhub saying their goodbyes to Europe’s largest consumer market.

One of the results of Moscow’s military operation in Ukraine has been a number of Western companies abandoning Russia, some temporarily, some for good. This odious display of corporate virtue-signaling, conspicuously absent during the U.S.-led wars in Iraq, Libya and Syria, by the way, represents a setback not only for Russia, but the global economy. However, there is at least one silver lining to the ‘walk-out’ that should be celebrated, and that is how Russians will get a reprieve, maybe a permanent one, from the degenerate brain candy of Western entertainment, notably from the Disney Corporation. Disney’s preponderant footprint in Russia includes local productions and television channels, the licensing of content and consumer products, cruises, magazine and tours, among other business.

Marvel to introduce first transgender woman to franchise in Disney Plus series Ironheart https://t.co/zvlksw7L2D

— World News (@worldnewstweet_) April 6, 2022

The Walt Disney Company was founded in 1923 by brothers Walt and Roy Disney. Over the course of successive generations, Disney became a household name with famous animated productions – from Mickey Mouse (1928) to The Lion King (1994) – that touched the lives of audiences everywhere. It even played a patriotic role in wartime. In 1943, as the Allied forces had their hands full with Adolf Hitler, Disney studios even put out an anti-Nazi propaganda short film, featuring Donald Duck, entitled ‘Der Fuehrer’s Face.’ For many years, the positive influence Disney had on children and adults was never in doubt. But then America began to lose its mind, which had the effect of tarnishing the Disney brand.

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© 2010 – 2022 | Strategic Culture Foundation | Republishing is welcomed with reference to Strategic Culture online journal www.strategic-culture.org.

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The Dollar’s Reserve Status Is Ending. Will Bitcoin Save Us?

Posted by M. C. on April 8, 2022

“The bigger the government the smaller the individual”

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Justice! Jan. 6th ‘Insurgent’ Cleared Of All Charges!

Posted by M. C. on April 8, 2022

“They held the doors open and let us in”

Media admits it’s lies about Russia and Ukraine.

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When Do Governments Steal – Ahem – NATIONALIZE – Retirement Accounts? 

Posted by M. C. on April 8, 2022

Aden Tate

By the author of The Faithful Prepper and Zombie Choices.

As the American debt reaches record levels on a daily basis, currently being in the trillions of dollars and literally impossible for America to ever pay off, there is a very juicy nest egg that politicians are going to begin to eye at some point: retirement accounts.

retirement accounts

By nationalizing retirement accounts, a sudden influx of cash would appear in DC’s coffers, helping to make the country look better on paper and potentially last just a little bit longer.

You may think that the nationalization of retirement accounts would never happen here in America, but there have been a lot of things that have happened over the last few years that we never believed could happen on American soil.

And besides. It’s happened before. 

I’m a firm believer that we can learn from the past to gauge how things may work out in the future. Your parents likely taught you cautionary tales with the hopes that you would learn from their mistakes. They taught you the past with the hopes that you would glean lessons of how the future could turn out if a similar path is followed.

There are plenty of countries that have nationalized retirement accounts, even throughout recent history, just as there are plenty of countries that consider torture to be a regular part of the judicial process.

Let’s take a look at a few of them. Perhaps we can learn a thing or two about the American economy as a result.

Argentina

It was in 2008 that Argentina nationalized the entire country’s private pension plans – stealing an estimated $30 billion in the process. This took place as the global stock market took a nosedive, and Argentina was bumbling with massive amounts of debt.

Hungary

In December 2010, the politicians of Hungary told their people that they had two immediate options they could choose: have their retirement accounts confiscated or lose the “right” to the basic state pension. $14 billion in private savings was stolen in this manner.

Just two years prior, Hungary had taken $25 billion from the International Monetary Fund because the nation was so steep in debt that it faced bankruptcy.

Poland

Back in 2011, it was reported that Poland had previously discussed a full third of future contributions to private retirement accounts to be stolen and put into the state-run social security system. Then, in 2013, Poland nationalized half of the private pension funds.

There was no “out.” One day you had money that you had earned. The next, it had been stolen from you. $50 billion was stolen from the Poles by their politicians that day.

Cyprus

Again in 2013, during the bailout crisis throughout Europe, the European Union decided that it was high time they bailed out Cyprus. The politicians there hadn’t managed funds well at all, and the nation was deep in debt.

A host of other nations decided that they were going to decide who Cypriots were going to spend their money on (You have to love globalism. Exactly the same as having the house five doors down decide they have the right to decide what your children’s names are.)

To pay for the politician’s inability to wisely manage money, the average Cypriot was left out to dry. Any person in Cyprus with 100,000 or more euros in his account woke up to find that 9.9% of his money had been stolen from him for the bailout. Anybody with less than 100,000 euros in their bank account woke up to find that 6.75% of what they had in their account had been stolen the next morning.

All of this was purposefully done with zero warning whatsoever in order to prevent a run on the banks.

See the rest here

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450GB Of ‘Deleted’ Hunter Biden Laptop Material To Be Released Within Weeks

Posted by M. C. on April 8, 2022

“The second group of people to be betrayed were all of the Democratic candidates in the spring primaries that year,” he continued. “The American people were utterly betrayed, because I guarantee you that Joe Biden couldn’t run for dog catcher if the American people knew about this laptop.”

https://www.zerohedge.com/political/450-gb-deleted-material-hunter-biden-laptop-whistleblower-vows-release-images-videos-and

Tyler Durden's Photo

BY TYLER DURDEN

A whistleblower who’s fled the United States for Switzerland has vowed to drop ‘450 gigabytes of deleted material‘ from Hunter Biden’s abandoned laptop, which he says he also gave the the Washington Post, New York Times, and Sen. Chuck Grassley – all of whom he says sat on it for months.

For the past two weeks, former Steve Bannon War Room co-host Jack Maxey has been hiding in Zurich, where he told the Daily Mail he’s been working with IT experts to dig more data from Hunter’s ‘laptop from hell,’ and that he’ll post it all online in a searchable database in the coming weeks.

Maxey says the data includes 80,000 images and videos, and more than 120,000 archived emails.

“I came here so that we could do a forensic examination of Hunter’s laptop safely in a country that still respects human liberty and the ideals of liberal democratic principles,” he told the Mail. “I do not believe this would have been possible inside the United States. We had numerous attempts on us from trying to do things like this there.”

Maxey said that after contacting DailyMail.com about the laptop last year, black suburban SUVs appeared outside his house, and former US intelligence officer friends he shared copies with told him they received strange calls.

‘I showed this to a friend of mine in desperation in February [2021] because nobody would listen to me. No news organizations would take it. In fact, the very first major news organization to take it was the Daily Mail,’ he said.

Very dear friends of mine, the sharp tip of the spear, were making welfare calls to me every day, basically to see if I was still alive.‘ -Daily Mail

One former intelligence agency senior staffer allegedly told Maxey after he received the hard drive two years ago “If you don’t release enough of this, so that they know you can release all of it, I’m telling you brother, you’re a dead man.”

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Caitlin Johnstone: US officials admit they’re literally just lying to the public about Russia

Posted by M. C. on April 8, 2022

A casual glance around the internet at what mainstream liberals are saying about this NBC report shows that this is indeed what is happening. In liberal circles there does appear to be widespread acceptance of the world’s most powerful government using the world’s most powerful media institutions to lie to the public for strategic gains. If this continues to be accepted, it will make things a whole lot easier for the empire managers going forward.

https://www.rt.com/news/553523-us-lying-public-russia/

By Caitlin Johnstone, an independent journalist based in Melbourne, Australia. Her website is here and you can follow her on Twitter @caitoz

NBC News has a new report out citing multiple anonymous US officials, humorously titled “In a break with the past, U.S. is using intel to fight an info war with Russia, even when the intel isn’t rock solid.” 

The officials say the Biden administration has been rapidly pushing out “intelligence” about Russia’s plans in Ukraine that is “low-confidence” or “based more on analysis than hard evidence”, or even just plain false, in order to fight an information war against Putin.

The report says that toward this end the US government has deliberately circulated false or poorly evidenced claims about impending chemical weapons attacks, about Russian plans to orchestrate a false flag attack in the Donbass to justify an invasion, about Putin’s advisors misinforming him, and about Russia seeking arms supplies from China.

Excerpt, emphasis mine:

It was an attention-grabbing assertion that made headlines around the world: U.S. officials said they had indications suggesting Russia might be preparing to use chemical agents in Ukraine.

President Joe Biden later said it publicly. But three U.S. officials told NBC News this week there is no evidence Russia has brought any chemical weapons near Ukraine. They said the U.S. released the information to deter Russia from using the banned munitions.

It’s one of a string of examples of the Biden administration’s breaking with recent precedent by deploying declassified intelligence as part of an information war against Russia. The administration has done so even when the intelligence wasn’t rock solid, officials said, to keep Russian President Vladimir Putin off balance.

So they lied. They may hold that they lied for a noble reason, but they lied. They knowingly circulated information they had no reason to believe was true, and that lie was amplified by all the most influential media outlets in the western world. 

Another example of the Biden administration releasing a false narrative as part of its “information war”:

Likewise, a charge that Russia had turned to China for potential military help lacked hard evidence, a European official and two U.S. officials said. 

The U.S. officials said there are no indications China is considering providing weapons to Russia. The Biden administration put that out as a warning to China not to do so, they said. 

On the empire’s claim last week that Putin is being misled by his advisors because they are afraid of telling him the truth, NBC reports that this assessment “wasn’t conclusive — based more on analysis than hard evidence.”

I’d actually made fun of this ridiculous CIA press release when it was uncritically published disguised as a breaking news report by The New York Times:

We’d also had fun with State Department Spokesman Ned Price’s bizarre February impersonation of Alex Jones, where he wrongly claimed that Russia was about to release a “false flag” video using crisis actors to justify its invasion:

Other US government lies discussed in the NBC report were less cute:

In another disclosure, U.S. officials said one reason not to provide Ukraine with MiG fighter jets is that intelligence showed Russia would view the move as escalatory.

That was true, but it was also true of Stinger missiles, which the Biden administration did provide, two U.S. officials said, adding that the administration declassified the MiG information to bolster the argument not to provide them to Ukraine.

So the Biden administration knew it was sending weapons to Ukraine that would be perceived by a nuclear superpower as a provocative escalation, sent them anyway, and then lied about it. Cool, cool, cool.

See the rest here

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Tulsi Gabbard Gets It Half-Right

Posted by M. C. on April 8, 2022

The problem is, conservatives – and more traditional liberals like Tulsi – are laser focused on the “woke” ideology that is infecting public discourse and driving “progressive” politics rather than striking at the root problem. In corporate lingo, they’re in love with the solution instead of the problem.

An issue that is dominating headlines is the question of parental rights in education. Florida recently passed a law, falsely labeled the “Don’t Say Gay” law, prohibiting educators from instructing pupils in kindergarten through third grade about sexual matters. “Progressives,” as a result, are having a hard time justifying their outrage. During a press conference, Fox News reporter Peter Doocy asked White House press secretary Jen Psaki what the president’s opinion is on an acceptable age to discuss sex in schools, and she punted, claiming the new law is “propagating misinformed, hateful policies” and “putting parents and LGTBQ+ kids in a very difficult heartbreaking circumstance.”

One leftist who has bucked current trends, raising the ire of her peers, is former U.S. representative Tulsi Gabbard (D-HA). Gabbard has put herself at odds with Democratic Party stalwarts Hillary Clinton and Vice President Kamala Harris, repeatedly taking the former to task for her warmongering and excoriating the latter for the gleeful enforcement of drug laws when Harris served as California’s attorney general. Now Gabbard is joining the fray over parental rights in schools, and the language she employs sounds very promising. At first. “We should all support the Parental Rights in Education bill that recently passed in Florida, which very simply bans government and government schools from indoctrinating ‘woke’ sexual values in … schools to a captive audience,” she wrote on Twitter. “A captive audience,” she added, for clarification, “that is by law required to attend.”

Gabbard is correct. Students in public schools are in fact a “captive audience,” as they are required by law to attend a government-approved school, which their parents/guardians are likewise required by law to fund via property taxes. (Homeschooling and private education are allowed, but difficult in practice for those who can’t afford to “pay twice” – first for a government school, and then for one of their choosing.) Public schools have become indoctrination centers, and Gabbard rightly points out that, “Government has no place in personal lives. Government has no place in our bedrooms. Parents are the ones responsible for raising kids and instilling in them a moral foundation, not the government.”

But it’s fair to ask: isn’t education itself a parent’s concern as well? 

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This post was written by: Scott McPherson

Scott McPherson is a policy adviser at the Future of Freedom Foundation, and author of Freedom and Security: The Second Amendment and the Right to Keep and Bear Arms. An advocate of the Free State Project, he lives in Portsmouth, New Hampshire.

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