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"I am not a number, I am a Free Man" - No. 6
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In case of a – nearly inevitable – financial catfight cage match between Team Giorgia and Christine “look at my new Hermes scarf” Lagarde at the ECB, the European Central Bank will “forget” to buy Italian bonds and then, Auguri! Welcome to a new round of EU sovereign debt crisis.
Pepe Escobar
It’s tempting to interpret the Italian electoral results this past Sunday as voters merrily hurling a bowl of lush papardelle with wild boar ragu over the collective bland faces of the toxic unelected Euro-oligarchy sitting in Brussels.
Well, it’s complicated.
Italy’s electoral system is all about coalitions. The center-right Meloni-Berlusconi-Salvini troika is bound to amass a substantial majority in both the Parliament’s Lower House and the Senate. Giorgia Meloni leads Fratelli d’Italia (“Brothers of Italy”). The notorious Silvio “Bunga Bunga” Berlusconi leads Forza Italia. And Matteo Salvini leads La Lega.
The established cliché across Italy’s cafes is that Giorgia becoming Prime Minister was a shoo-in: after all she’s “blonde, blue eyes, petite, sprightly and endearing”. And an expert communicator to boot. Quite the opposite of Goldman Sachs partner and former uber-ECB enforcer Mario Draghi, who looks like one of those bloodied emperors of Rome’s decadence. During his Prime Ministerial reign, he was widely derided – apart from woke/finance circles – as the leader of “Draghistan”.
On the financial front that otherworldly entity, the Goddess of the Market, the post-truth equivalent of the Delphi Oracle, bets that PM Giorgia will insist on the same old strategy: debt-funded fiscal stimulus, which will turn into a blowout in Italian debt (already huge, at 150% of GDP). All that plus a further collapse of the euro.
So the big question now is who’s going to be Italy’s new Finance Minister. Giorgia’s party has no one with the requisite competence for it. So the preferred candidate shall be “approved” by the usual suspects as a sort of enforcer of “Draghistan lite”. Draghi, by the way, already said he’s “ready to collaborate”.
Marvels of gastronomy apart, life in the EU’s third largest economy is a drag. Long-term growth prospects are like a mirage in the Sahara. Italy is extremely vulnerable when it comes to the financial markets. So a bond market a-go-go selloff in the horizon is practically a given.
In case of a – nearly inevitable – financial catfight cage match between Team Giorgia and Christine “look at my new Hermes scarf” Lagarde at the ECB, the European Central Bank will “forget” to buy Italian bonds and then, Auguri! Welcome to a new round of EU sovereign debt crisis.
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Posted in Uncategorized | Tagged: Christine Lagarde, Draghistan, Giorgia Meloni, Mario Draghi | Leave a Comment »
Posted by M. C. on September 29, 2022
The Ukrainian conflict is turning into a war between the West on one side and Russia and China on the other. Each side is convinced that the other one wants its loss. And fear is a bad advisor. Peace can only be preserved if each side recognizes its mistakes. This must be a radical change, because today neither Western discourse nor Russian actions correspond to reality.
https://www.voltairenet.org/article218093.html
No political leader wants a war on his territory. When they do, it is usually out of fear. Each side fears the other, rightly or wrongly. Of course, there are always a few elements that push for a cataclysm, but they are fanatical and in the minority.
This is exactly the situation in which we find ourselves. Russia is convinced, rightly or wrongly, that the West wants to destroy it, while the West is identically convinced that Russia is conducting an imperialist campaign and will eventually destroy its freedoms. In the shadows, a very small group, the Straussians, want confrontation.
This is not to say that World War III is just around the corner. But if no political leader radically changes his or her foreign policy, we are walking directly into the unknown and must prepare for absolute chaos.
To clear up misunderstandings, we must listen to the narratives of both sides.
Moscow believes that the overthrow of democratically elected President Viktor Yanukovych was a coup d’état orchestrated by the United States. This is the first point of divergence as Washington interprets the events as a “revolution”, the “EuroMaidan” or “Dignity” revolution. Eight years later, numerous Western testimonies attest to the involvement of the US State Department, the CIA and the NED, Poland, Canada and finally NATO.
The people of Crimea and Donbass refused to endorse the new power, which included many “integral nationalists”, successors of the defeated of the Second World War.
Crimea, which had already voted in a referendum to become part of the future independent Russia when the USSR was dissolved, six months before the rest of the Ukrainian Soviet Republic declared its independence, voted again in a referendum. For four years, Crimea was claimed by both Russia and Ukraine. Moscow argues that between 1991 and 1995, it and not Kiev was paying pensions and salaries of officials in Crimea. In fact, Crimea was always Russian, even if it was considered part of Ukraine. In the end, it was Russian President Boris Yeltsin who, in the midst of a severe economic crisis, decided to abandon Crimea to Kiev. However, Crimea then voted for a constitution recognizing its autonomy within Ukraine, which Kiev never accepted. The second referendum, in 2014, overwhelmingly proclaimed independence. The Crimean Parliament then called for the attachment of its state to the Russian Federation, which the latter accepted. To strengthen the continuity of its territory, Russia built, without consulting Ukraine, a gigantic bridge linking its metropolis to the Crimean peninsula across the Sea of Azov, effectively privatizing this small sea.
Crimea is home to the port of Sevastopol, which is indispensable to the Russian navy. The latter represented nothing in 1990, but became a power again in 2014.
The West recognized the Soviet referendum in Ukraine in 1990, but not the one in 2014. Yet the right of peoples to self-determination does apply to the Crimeans. The West argues that many Russian soldiers were present without wearing their uniforms. True, but the results of the two referendums in 1990 and 2014 were similar. There is no room for suspicion of fraud.
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Posted in Uncategorized | Tagged: Escalation, Euromaidan, NATO, Ukrainian, war | Leave a Comment »
Posted by M. C. on September 29, 2022
“The only idea they have ever manifested as to what is a government of consent, is this–that it is one to which everybody must consent, or be shot.”
~ Lysander Spooner
Certain idiocy should be put to rest, if any logic or understanding of real life is ever to be present in the minds of the mass herd. Yes, immediately this seems brutal, but sometimes, stark and unambiguous reality must be forthcoming in order to bring to light truths that are indisputable. The lie that there is such a thing as ‘limited government,’ is one of these bastardizations of ‘thought,’ that qualifies as absolute nonsense.
Even in its inception, this notion was presented and seeded in the minds of what are called citizens, by the very politicians and wealthy political backers of those politicians, whose singular goal was to create an unlimited federal (national) central governing system, that required all to participate whether they agreed to or not. In fact, not one average citizen from the beginning of this country until today, has ever signed and agreed to any contract (Constitution) requiring any government to exist. To accentuate the absurdity of such a claim that this or any government is limited, the only acceptance of any agreement to create a government was by the political criminals themselves who drew up the blueprint to obtain unlimited power.
I could site a thousand situations that refute the lie that any ‘limited government’ ever has or could exist, but only one is really necessary; and that is the state’s falsely claimed power to tax. All taxation is criminal and immoral, because it is forceable theft, and taxation is based on taxing all so-called ‘private’ property, and throughout all of society. The very first power given in the first Article of the heinous Constitution; Article 1, Section 8, the ‘Powers Clauses,’ is this:
The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;
This initial power stated, written, and implemented by the political class, with the ‘assumed,’ not written, consent of the governed, gives unlimited taxing power to the federal government. In and of itself, such a pronouncement of power negates freedom entirely, and is overwhelming evidence that the first order of business of the founding tyrants was the unlimited ability to steal by force the property of ‘its’ citizens. There is no limit in this language, and even if there was, it would be worthless because the government retains the power to change it at will with only a majority vote by the few legislators holding power over everyone in the country, in what was ludicrously labeled, a ‘representative republic.’ What poppycock.
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Posted in Uncategorized | Tagged: Constitution, limited government, Powers Clauses | Leave a Comment »
Posted by M. C. on September 29, 2022
Dr. Mercola’s Censored Library
The fact that half of all people in the U.S. and around the world are still using Gmail as their primary email service is a testament to the fact that many still do not understand just how dangerous Google actually is, not just to their immediate privacy but also to their future freedom.
Many understand that Google is filtering and massively censoring information through its search engine. As you may recall, in June 2019, Google buried Mercola.com in its search engine update (see video above). They changed the algorithm such that whenever you entered a health-related search word into Google, our articles were filtered out.
But Google also has the power to censor in other areas, including your personal email if you’re using Gmail. As previously reported by Gawker,1 “Every word of every email sent through Gmail and every click made on a Chrome browser is permanently recorded by the company.”
Google Censors Your Gmail Inbox
Google’s interference in your life is only going to increase, and if you’re still using Gmail, why? You’re exchanging convenience and cost for your privacy and you are getting the short end of the stick. Just imagine how your emails might be used to rank you in a Google-run social credit system, for example. Few of us are “pure as snow,” but that isn’t even the issue. The issue is that ANY view or opinion can and will be used against you. The last three years have certainly taught us that.
Equally concerning is the fact that Google can censor your email, and we have evidence that this is happening. While about 50% of our subscribers are using Gmail accounts, the delivery rate for Gmail accounts is HALF of all the email providers like ProtonMail — far lower than any other email service….
How Google Threatens Society
Google poses several unique threats to society, including but not limited to the following:
Google Is a Key Player in the Coming Social Credit System
All of these powers combined — the ability to surveil and track every conceivable metric, censor and block access to information, and the ability to manipulate opinions — also makes Google an invaluable resource for the planned social credit system.
As reported by Fast Company,11 China’s social credit system is not unique. “A parallel system is developing in the United States, in part as the result of Silicon Valley and technology-industry user policies, and in part by surveillance of social media activity by private companies,” Fast Company writes.
For example, life insurance companies are already using content shared on social media to determine your premium. PatronScan is another example. These devices are used by restaurants to identify fake IDs and undesirable customers, people who have previously been kicked out of an establishment for one reason or another.
The list is shared among PatronScan customers, so getting banned in one bar or restaurant effectively bans you from all bars and restaurants in the U.S., Canada and U.K. for up to one year. Additional examples of the creeping social credit system can be found in the original Fast Company article.12
Google Is Everywhere
Another reason to assume that Google’s continued success is crucial in the technocrats’ quest to control the world population and impose global totalitarianism is the fact that it has already infiltrated most areas of daily life. For example, Google is involved in the following areas, and this is far from a complete list. Needless to say, personal data is also harvested from each and every one of these areas.
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Posted by M. C. on September 28, 2022
It appears as if some kind of explosion blew three huge holes in the NordStream I and II pipelines near Danish waters. Massive leaks are showing up on the surface of the Baltic Sea. Whodunnit? Would Washington blow up Russia’s pipeline? Germany? Russia? Also today, the Democrats have become the party of war. Finally: Another $12 billion for Ukraine snuck into “must-pass” spending bill.
Who in the world would have the capacity to do such a thing?
Biden and war whore Victoria Nuland promised to disable NordStream early this year.
Who will Europe have to thank for freezing this winter? Is WW III here but we just don’t know it yet?
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Posted in Uncategorized | Tagged: NordStream Pipelines, sabotage | Leave a Comment »
Posted by M. C. on September 28, 2022
how will you manage a world with no cash and all digital currency? your every moved tracked …..
Executive Order 14067 Total Control
Firearm and ammo credit card purchase reporting is in the works. That said you have to be a moron to buy this stuff with plastic. Firearms, ammo, alcohol, food (red meat, any meat-climate issues!), gasoline (you are using too much comrade)…you get the idea, I hope.
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Posted in Uncategorized | Tagged: cash, Executive Order 14067, Total Control | Leave a Comment »
Posted by M. C. on September 28, 2022
First Lady Michelle Obama, who spearheaded the effort, declared in 2010 that because children’s nutrition is so important, “we can’t just leave it up to the parents.”
But schools offered “carb loading” more appropriate for marathon runners than for schoolchildren.
https://mises.org/wire/obamas-forgotten-child-hunger-debacle
At a White House summit tomorrow, President Joe Biden will repeat his proclamation of a goal to end hunger in America by 2030. In 1969, President Richard Nixon promised to end hunger at a similar White House summit. The vast expansion of federal food assistance after Nixon’s pledge failed to end the problem, but that won’t deter Biden from claiming that new federal handouts will end hunger.
Between the Nixon and the Biden eras, there was another pledge on hunger that has almost vanished into the memory hole. In 2008, presidential candidate Barack Obama promised to end child hunger by 2015. Unfortunately, policy makers and pundits learned nothing from the disastrous policies that Obama followed in a futile attempt to reach that goal.
Obama vastly expanded federal school feeding programs with the Healthy, Hunger-Free Kids Act of 2010. Thanks to that law, all schools with 40 percent low-income students were entitled to offer free federally subsidized breakfasts and lunches to all students. Similar programs have sharply expanded free meals for schoolkids since the start of the covid pandemic.
But for almost fifty years, the Government Accountability Office (GAO) has lambasted the federal school lunch program for its high fat and poor nutrient content. A University of Michigan study published in 2010 found that students who regularly ate school lunches were 29 percent more likely to be overweight and that consumption of school lunches was the strongest single predictor of childhood obesity.
The failure of school lunches to improve diets did not deter the Obama administration from launching a messianic campaign to foist free breakfasts on millions of additional children. First Lady Michelle Obama, who spearheaded the effort, declared in 2010 that because children’s nutrition is so important, “we can’t just leave it up to the parents.”
But schools offered “carb loading” more appropriate for marathon runners than for schoolchildren. Donuts, pastries, apple juice, and other high-sugar foods had starring roles in school breakfast menus across the nation. Some school officials scorned parents who protested schools feeding their kid a second breakfast (after they’ve eaten at home) and deluging them with sugary junk.
How bad was the federally subsidized fare?
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Posted in Uncategorized | Tagged: Child Hunger, Hunger-Free, Obama | Leave a Comment »
Posted by M. C. on September 28, 2022
The problem is not that people from poorer countries are migrating to the West, but that few Westerners relocate to poor countries with their know-how and institutions.
The immigration debate has polarized societies across the Western world. Objectors assert that the influx of migrants has corroded social relations, and defenders argue that immigrants release a dose of entrepreneurial dynamism. Debates will persist because it’s unlikely that people can be discouraged from migrating to rich countries in the West. Migrants will continuously flock to places like America and Canada, since they provide better opportunities.
Besides offering immigrants more options to build wealth, rich countries in Europe and North America also attract many through their well-endowed welfare systems. Researchers contend that welfare acts as a magnet that lures migrants to prosperous countries. The allure of welfare is so potent that limiting benefits can reduce the net flow of immigrants to host countries. Also, benefitting from higher incomes in developed countries affords immigrants the opportunity to experience a superior quality of life.
Economist Michael Clemens has opined that migration to the United States is the best strategy to lift Haitians out of poverty. For many in the developing world, migrating to a stable country with effective institutions is the most plausible avenue for self-advancement. Migrating can also lead to favorable health outcomes and improved well-being because developing countries have inferior health systems. Not only is healthcare better in rich countries, but in Europe and North America people are more likely to receive subsidized healthcare.
Living standards are substantially better in Western countries, so it’s understandable why people would endanger their safety to enter America or Europe. But perhaps the current debate is misguided. Instead, policy makers should be making the case for people in Western countries to migrate to the developing world. Human capital is pivotal to economic growth, and poorer countries suffer from lower levels of human capital.
However, human capital is not the accumulation of information but rather the application of expertise.
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Posted in Uncategorized | Tagged: free markets, immigration | Leave a Comment »
Posted by M. C. on September 28, 2022
Hopefully
https://mailchi.mp/ronpaulinstitute/eusanctions-116273?e=4e0de347c8
Sept. 26 – Sunday was an historic election day for Italy. A conservative alliance with a populist flair absolutely trounced the technocrats who had been running the country into the ground for the past several years.
The previous prime minister, former Goldman Sachs banker Mario Draghi, implemented one of the most restrictive – and inhuman – Covid shutdowns, which, along with supporting economically suicidal sanctions against Russia, have left Italy an economic basket case.
Replacing the bland banker will likely be Giorgia Meloni from the right-wing Sons of Italy party. Meloni will be a first for Italy: the first female prime minister. But don’t expect the Left to celebrate it: her name cannot be mentioned in the mainstream media without reference to Mussolini.
Ironically, the democratic victory of Meloni and the rest of the Italian right likely owes a great deal of gratitude to one of Europe’s most undemocratic and anti-democratic leaders: European Union Commissioner Ursula von der Leyen.
On the eve of the Italian elections, the unelected von der Leyen warned Italians that if they voted for the “wrong” parties they would be punished. Asked about the surge of the political opposition in Italy on the eve of the elections, she warned Italian voters, “we will see the result of the vote in Italy. If things go in a difficult direction — and I’ve spoken about Hungary and Poland — we have the tools.”
In other words, her message to Italian voters was “yes you can vote, but if you vote in a way I do not approve of, you will be punished.”
Italians rushed to vote in a way she did not approve of. It will be interesting to see what happens.
How does any of this relate to the United States as the US moves closer to the midterm elections? Americans have also been given warnings by the political elites that they dare not vote for the “wrong” candidates or parties.
On September 1st, President Biden issued a warning similar to that of Europe’s von der Leyen. In one of the most bizarre speeches in political history, Biden warned that Trump supporters “…are determined to take this country backwards — backwards to an America where there is no right to choose, no right to privacy, no right to contraception, no right to marry who you love. They promote authoritarian leaders, and they fan the flames of political violence that are a threat to our personal rights, to the pursuit of justice, to the rule of law, to the very soul of this country.”
He spoke on a frightening, red-lit stage with US Marines serving as props on either side of him. This was no “Checkers” speech with Nixon speaking wistfully about his cocker spaniel. No, it was a declaration of war against half of the country.
A few weeks ago Sweden threw its left-wing government out and Sunday the Italians did the same. While the political differences in Europe seem more cosmetic than substantive – for example Italy’s presumptive new prime minister supports weapons to Ukraine just like her predecessor – there is still a strong feeling of popular revolt against political elites in the air.
That doesn’t mean things will easily go our way, as there is no automatic libertarian surge. But we must study hard and take advantage of every single opportunity. People are sick of the elites? That means they are likely open to the concepts of non-interventionism and sound money. Let’s help educate them!
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Posted in Uncategorized | Tagged: election, Giorgia Meloni, Italy, Mario Draghi, US Midterms | Leave a Comment »
