Archive for the Kleptocracy Category

Airlines:  The 800 Lb. Sabre-tooth Tiger Stalks Us; The Reticulated Python Strangles Us (March 25, 2024)

Posted in Airlines, Collapse, Kleptocracy on March 25, 2024 by e-commentary.org

. . .

J          “Our gravest concern may be hoping and praying the planes stay in the air long enough to get us there.”

. . .

K          “Alaska Airlines would not refund the money directly and immediately.  They offered to refund it to some digital wallet to use for a later purchase.  A not insubstantial number of folks will not use the digital dollars . . . which rewards and benefits Alaska Airlines.  They did transfer the funds, but the funds did not transfer.  After an inquiry, I was told that I had to open the e-mail and transfer the funds myself to the wallet.  But the e-mail was written so that the spam filter would catch it and divert it.  And then when I retrieved it from spam, the time to transfer the funds had expired.  After a long telephone delay, I was able to secure another e-mail yet had to go to my spam file and transfer the digital dollars immediately to my wallet for a later purchase.  She responded that she does not make policy and . . . hopes I have a nice day.  She was sincere.  And handcuffed.  She is as much a victim.”   

. . .

J          “American Airlines requires one to pay a fee up front that is not refunded to preserve the right later to seek a refund to the original form of payment.  But at least the refund is made to the original form of payment.  For a substantial payment.  Two-hundred and twenty dollars, US ($220.00), for a local flight.”

. . .

K          “A year ago, Alaska airlines began charging for the exit row seats.  That is the norm in the industry.  For many decades, Alaska Airlines has otherwise treated me quite well and may be the best airline of the flock today.  And Alaska Airlines still believes that a mile is a mile is a mile is a mile in their frequent flier plan.”

J          “They need to treat their employees far better than they have recently.”

. . . 

J          “And what about Delta . . . .”

. . .

K          “And what about United . . . .”

J          “The President of United Airlines should be banned from riding in the United Airlines corporate jet and should instead should be required to fly the friendly skies of United.”

. . .

J          “And what about Frontier . . . .”

. . .

K          “And what about Southwest . . . .”

. . .

J          “Remember during Covid when the government gave tens of billions of dollars to the airlines to survive.  One airline executive defiantly stated to Congress that he would not let the government take an economic interest in the airline.  As long as the airline owns Congress, the airline can keep the government from obtaining an ownership interest in the airline.”

K          “And the money was used largely for stock buy backs that benefited the cabal.  And were once illegal.”

. . .

J          “And what about . . . .”

K          “They all behave criminally and abhorrently.”

. . .

        “When an airline charges for access to the bathroom on the plane, take note.  That may be a bridge too far.”

K         “Katie bar the door, as they say.  You know that possible revenue source is regularly discussed in the airline C-suite.”

J          “Before discussing stock buy backs.”

[See the e-commentary at “Recurring Revenue”:  Inserting A Tentacle Into Every Pocket (August 29, 2022), Stalking The Stalking Saber-toothed Tiger (June 12, 2023), Go Away Go Daddy (December 18, 2023), Volkswagen (VW).  The Bottom Half Of The German Engineering Class Must Go Somewhere.  Boeing? (July 1, 2019), Fraudulent Frequent Flying Fiascos.  Oh, And Happy Canada Day and Independence Day! (July 2, 2018), Going The Extra Mile: Today’s Airline Mileage Programs (August 19, 2013), China Invaded . . . And Won!  Oh Well. (January 29, 2024) and over nineteen years ago at An Airline (Partial) Survival Guide (January 24, 2005).]

Bumper stickers of the week:

Full refund to original form of payment:  $220.

All of our representatives are assisting other callers.

China Invaded . . . And Won!  Oh Well. (January 29, 2024)

Posted in China, Economy, Kleptocracy, Trade on January 29, 2024 by e-commentary.org

. . .

K          “How does one explain why there is such a fuss over China possibly invading Taiwan when there was so little effusion over China invading the USA.”

J          “And winning.”

. . .

K          “For most of our adult life, the American economy has been and is being destroyed, disemboweled and dismembered.  A crook like Harry Stonecipher destroyed, disemboweled and dismembered a brilliant American jewel – Boeing.  A thug like Jack Welch destroyed, disemboweled and dismembered a shining American icon – General Electric.  Destruction from within a company.  And economic criminals like ‘Mitts’ Romney and Peter Singer and so many others destroyed companies from without.”

J          “In the patois of our age, would ‘Domestic Economic Terrorist’ appropriately describe them?”

K          “And then they get appointed to a presidential cabinet position or even run for or get into the White House.”

 . . .

K          “Those in power are only concerned with Washington and Wall Street not with Waukesha and Wabash.”

J          “Our friend the ‘War and Wall Street Party’ grinds on and over and around and through us.”

. . .

K          “Look at how it was accomplished.  With the active cooperation and complicity of the Ruling Class of the United States, China invaded the Greater Midwest writ large of America. . . and took over.  The invasion was undertaken not with people and bullets but instead with United States politicians/businessmen and plant closings.  The good people in the Greater Midwest writ large know that they have been conquered and vanquished.  China also stormed the beaches and invaded the two Golden Coasts . . . and took over.  However, the fools on the two Golden Coasts do not know that they too have been conquered and vanquished.”

. . .

J          “Someone was sounding that message more than five years ago.  The Mandarin language class on Tuesday nights prepares one to interpret the conversations of the prison guards at the re-education camp.  And some of us will be quickly identified and shipped to the re-education camp.  Or shot on sight.” 

. . .    

[See the e-commentary at Mitt’s “Destructive Destruction”: The Bane of Capitalism (July 9, 2012) and Volkswagen (VW).  The Bottom Half Of The German Engineering Class Must Go Somewhere.  Boeing? (July 1, 2019).]

Bumper stickers of the week:

We could be getting into trouble

Three “D” USA Economic Policy:  Destroy, Disembowel and Dismember

Monkeying Around With Cryptocurrency:  Pumping And Dumping And Monkey Hammering The Villagers (February 27, 2023)

Posted in Bitcoin, Cryptocurrency, Kleptocracy on February 27, 2023 by e-commentary.org

Revised from a variety of incarnations on the Internet:

How Cryptocurrency Works

 
Not long ago a Merchant found many stray monkeys living near a village that were disregarded and overlooked by the villagers.

 
One day the Merchant came into the village stating that he wanted to buy these stray monkeys.

 
He announced that he would buy the stray monkeys for $100 each.

 
The villagers thought that this man must be crazy.  “How can somebody buy stray monkeys at $100 each?  Why would he buy stray monkeys at $100 each?”

 
Still people caught some monkeys and sold them to the Merchant for $100 each.


This news spread like wildfire.  More villagers caught monkeys and sold them to the Merchant.


After a few days, the Merchant announced that he would now buy monkeys for $200 each.

 
Now even the laziest villagers ran around to catch the remaining monkeys.


They sold the remaining monkeys at $200 each.


The Merchant then announced that he would buy monkeys for $500 each.


The villagers started to lose sleep.


They caught six or seven monkeys which was all that were left and got $500 each.

The villagers were awaiting anxiously for the next announcement.
 
Then the Merchant proclaimed that he is going on holiday for a week, but when he returned, he would buy monkeys at $1000 each.


He also said that in his absence his Employee would be in charge to take care of the monkeys he had purchased.


The Merchant went on holiday.


The villagers were frantic and very sad as there were no more monkeys left for them to sell at $1000 each as promised by the Merchant, but then the Merchant’s Employee publicized that he would secretly sell some monkeys at $700 each.


The news spread like wildfire as the Merchant had promised that upon his return monkeys would be purchased for $1000 each, producing a $300 profit for each monkey.


The next day the villagers queued up near the monkey cage.


The Employee sold all the monkeys at $700 each. The rich villagers bought monkeys in large numbers.  The poor villagers borrowed money from money lenders and bought the rest of the monkeys.


The villagers took care of their monkeys and waited for the Merchant to return.


When the Merchant didn’t return, they searched for the Employee, but he could not be found either.


Eventually the villagers realized that they had been duped into buying the useless stray monkeys at $700 each and were now unable to sell them for any amount.


This Monkey Business is now known as cryptocurrency.

. . .

[See “There’s a wild theory that the price of Bitcoin is being propped up—and the academic who proved manipulation in 2017 suspects it may be happening again” by Shawn Tully behind a paywall at “fortune.com” and reprinted at “yahoo.com” dated February 2, 2023.]

[See the e-commentary almost a half dozen years ago in “Bitcoin”, “Ethereum” . . . “Blockchain Technology” Say What? (July 3, 2017) and a few comments on blockchain five years ago at One World Currency? (January 8, 2018) (K  “On a simple level, ‘cryptocurrencies’, etc. are digital and gold, etc. is analog.  Blockchain technology underlying ‘cryptocurrencies’ is likely to be supplanted by a fast, fair, sustainable, scalable, guaranteed Byzantine fault tolerant consensus digital technology using gossip protocols and virtual votes such as Hashgraph.  And Hashgraph is likely to be supplanted by even more advanced and sophisticated technologies.”)  The analogy between “gold” and “analog” is weak because gold is real and can be held in one’s palm  as they say, there is no counterparty risk.]

Bumper stickers of the week:

FOMO

HODL

Let’s celebrate one big happy extended family of transformational leaders and selfless visionaries serving the public interest and promoting the common weal in law, media, business, politics and academia:

SEC Chair Gary Gensler’s old boss at MIT was Glenn Ellison.  His daughter Caroline Ellison is the CEO of FTX sister-company Alameda Research (and Sam Bankman-Fried’s lover at one time apparently).

The General Counsel of FTX used to be lead counsel to Gary Gensler when he was the CFTC Chair.

Sam Bankman-Fried’s mother was one of Hillary Clinton’s lawyers.

Gabe Bankman-Fried, brother to Sam (also a former Jane Street trader), is founder of “Guarding Against Pandemics”.  He was a Legislative Correspondent for the U.S. House of Representatives and an advisor to large political donors in the Democratic Party.

Aunt Linda Fried is a WEF member on the Global Agenda Council on Aging.

The father, Joseph Bankman, is a Stanford professor who has lobbied on behalf of hedge fund managers before Congress (film at eleven).

Amy Wu, FTX Head of Ventures & Commercial, started with the Clinton Foundation years ago.

Nishad Singh, FTX Director of Engineering, has spent over 8 million dollars for Democratic candidates.

Mark Wetjen, Obama’s Commodity Futures Trading Commissioner, was the head of FTX Policy & Regulation.

Dan Friedberg, Chief Regulatory Officer of FTX, was previously a lawyer at Ultimate Bet (a site where they basically cheated against players).

Stuart Hoegner, General Counsel at Bitfinex/Tether, was previously Director of Compliance at Excapsa which was responsible for the Ultimate Bet Poker software.

Sanctions, Supply Chains And World War E (March 7, 2022)

Posted in Covid / Coronavirus, Inflation, Kleptocracy, Markets, Russia, Sanctions on March 7, 2022 by e-commentary.org

. . .

K          “Seems like ten years ago, not two years ago.”

J          “It was ten years ago.  Covid time.”

K          “In mid-February way back then, we were terrified that it was as virulent as a Hantavirus and more terrified that the rest of the public was oblivious to the threat.  The threats to the supply chains were obvious to only a few.”

. . .

K          “Two years ago they said that we needed two weeks to ‘flatten the curve’ but never said that they would take two years to ‘flatten the economy’ and transfer wealth to the wealthy and undermine small and independently owned businesses.”

J          “They launched ‘helicopter money’ that dropped a dollar to the plebs for every hundred thousand dollars delivered to the Kleptocrats.  What an experiment.  We as a society tried wage and price controls in 1971 and helicopter money in 2021-2022.  Inflation is no surprise; inflation is the consequence.” 

. . .

K          “Biden and Putin agree.  Biden plans to boycott Russian oil and gas that is desperately needed in Germany and the West; Russia agrees not to provide the much needed oil and gas to Germany and the West.  As dad would say, Biden is cutting off Europe’s nose to spite Europe’s face and Putin is providing the scalpel.”

J          “Oil is life.  Turning off and turning down the oil wells will not turn out well.”

. . .

K          “Biden’s decision to cut off the Russian central bank’s access to most of its $630 billion of foreign reserves is a desperate and frightening move.  Once again, the United States weaponized the monetary system and issued a formal declaration of ‘World War E’ against Russia.  The rest of the world knows one truth – No one can trust the United States.  There is nothing more important or precious than trust.  Mark my words, there will be a new economic order that is fundamentally different than the current machinations.”

J          “I tell you, for those of us on the outside, the early tell is when the manipulated paper gold price results in few sellers of gold and then a huge chasm between the manipulated price and the actual selling price between a willing seller and a willing buyer.”  

. . .

J          “Someone said that Russia holds 90% of the world’s neon that is critical for lasers and semiconductor manufacturing, 40% of palladium that is necessary for catalytic converters and 35% to 40% of Boeing’s titanium and over 50% of Airbus’s titanium.  And then there is platinum and there is aluminum and there is rhodium.”

K          “From what I read, Europe imports 28% of their oil and 40% of their natural gas from Russia.  The U.S. is not happy with that reality yet cannot meet the demand.  So the U.S. tells the Europeans to freeze.  In the dark.  That will play well in Potsdam.”

. . .

K          “The move from the factory to the farm is as disquieting.  In high school, they described the Ukraine as the breadbasket of what was then the USSR.” 

J          “We always flow back to oil.  Oil is life; food is just oil reconstituted in another form.  Someone observed that Russia and Ukraine account for 30% of the global wheat trade, 20% of the corn, 80% of the sunflower-oil exports and 12% of all calories traded globally.  And they provide fertilizer to grow the products.  Without fertilizer, farmers will not plant.  The inescapable problem is that a car plant can be closed or opened at any time of the year, but a carrot must be planted at a specific time of the year governed by Gaia not by the government.  The times to plant have passed and are passing.  You cannot plant yesterday.”

. . .

K          “You reap what you sow.  We are not sowing.”

J          “We are so in trouble.”

. . .

[See If Russian Currency Reserves Aren’t Really Money, the World Is in for a Shock dated March 3, 2022 by Jon Sindreu in the “Wall Street Journal”.]

[See the e-commentary at Covid-19: BAU v. BAU (February 24, 2020), Covid-19 PanICdemic/Plague:  Basically, Back To Basics:  Finding Food; Printing Rutabagas.  Happy Earth Day! (April 20, 2020), Is Inflation Inflating!?!? (April 26, 2021) and Careening Toward A Global Totalitarian Authoritarian Behemoth?  And Then There Is The Fed’s Self-Inflicted Great Checkmate. (January 3, 2022).]

Bumper stickers of the week:

“Control oil and you control nations; control food and you control the people.”  Henry Kissinger

Two is one; one is none; none is none.

Socio-politico-economic experiments:  1971:  Wage and Price Controls; 2020 – 21:  Helicopter Money

“Whatsoever a man soweth, that shall he also reap.”  Galatians 6:7

“Clinton, Inc., Trump, Inc., Bush, Inc., Kennedy, Inc., O’Bama, Inc. (October 24, 2016)” Four Years Later (October 26, 2020)

Posted in Book Reference, Kleptocracy on October 25, 2020 by e-commentary.org

. . .

K          “Add Biden, Inc. to the mix.  The Bideni gang rides again.”

J          “Over six years ago it was clear that the sons of the Ruling Class like Kerry-Heinz and Biden were positioned and poised to make a killing.  No matter how things stay the same, they stay the same.”

. . .

K          “Professor G. William Domhoff’s classic examination of power in America, Who Rules America?, revisited and explored observations developed earlier by Professor C. Wright Mills in his seminal The Power Elite.  I read Mills in high school and Domhoff in college.  Now there is Professor Peter Phillips who has written Giants, Who Really Rules The World? and refines and updates the analysis.”

J          “Phillips in the graduate school of life.  His division of the new “Global Power Elite” into four sections includes four archetypes: 1) Managers (i.e., the financial elite), 2) Facilitators (i.e., bureaucrats and policy planners), 3) Protectors (i.e., military-intelligence apparatus of power), and 4) Ideologists (i.e., public-relations operatives and propagandists) is frighteningly insightful.  An inquiry into the absolute domination of the powerful over the powerless.  To continue the tradition, he may need to add an initial to his name . . . say Professor P. Peter Phillips.”

. . .

K          “That uneasy feeling in late October 2016 manifested itself in the political surprise of our lifetime.”

J          “I’m still uneasy.”

. . .

[See the e-commentary at “Clinton, Inc., Trump, Inc., Bush, Inc., Kennedy, Inc., O’Bama, Inc. (October 24, 2016)”, “Impeachment Imbroglio.  Oh, And Happy Saint Nicholas Day! (December 2, 2019)” and “World’s Reserve Currency War I = Cold War 2.0 = WW III (?) (September 8, 2014).]

Bumper sticker of the week:

And the beating goes on

Covid-19 PanICdemic/Plague:  Now What?!  Make Masks Great Again (June 15, 2020)

Posted in Covid / Coronavirus, Kleptocracy, Public Health, Schooling on June 15, 2020 by e-commentary.org

. . .

K          “Too many of the protests degenerated into riots.  Who provided the bricks?  Provocateurs provoking tensions for their own agenda?  Protestors with a nefarious plan unconnected with engendering racial harmony?”

J          “A single brick too often is used to destroy a collection of bricks that serve the collective.  Once a brick goes through a window, the building is usually broken.”

. . .

K          “In 2008, it was illiquidity, so they added liquidity.  Now it is insolvency, so they add . . . liquidity.  A flood has overwhelmed the town, so the FRFD comes to the rescue and turns all the water hoses on the town.”

J          “The Federal Reserve Fire Department is contributing to the flood while filling the swimming pools of the Kleptocrats and providing them with the money to build bigger pools.  They are all wet.  It will not end well.” 

. . .

K          “Futball players are returning to the grid iron and may need to rethink the ‘full contact, two a day, with pads’ regimen and instead institute ‘six feet apart, one a day, with masks’ to keep the kids alive.”

J          “Once the kids are there, it is their problem.  It could be a doozy.”

. . .

K          “Those in power are terrified that hydroxychloroquine or chloroquine with azithromycin and zinc is an effective prophylactic and a treatment, so it is banned.  The grand obscene irony is the world will know in less than a year.  Those who want to know now, now know.  A crime against humanity, possibly?”

J          “The real crime is the refusal to undertake a valid scientific test.  To date, the tests by my colleagues have been premeditated frauds.  At this time, I reserve final judgment.”

. . .

J          “You shouldn’t get your medical advice from television ads . . . or the NYT.”

K          “And any advice from the World Health Organization (WHO), the Center for Disease Control and Prevention (CDC), the National Institute of Health (NIH), the American Medical Association (AMA), President Trumpi, the Surgeon General, Anthony Fauci, the Main Stream Media (MSM), Corporate News Network (CNN), Faux News (Fox), Big Pharma (BG), etc. also should be consumed cum grano salis and perhaps not BID.”

. . .

[See “Coronavirus To Decimate Colleges and Universities” by Yves Smith in “Naked Capitalism” dated May 12, 2020.]

Bumper stickers of the week:

Make masks great again

The relaxation of isolation rules does not mean the Plague is over.  It means they currently have a bunk for you in the ICU.   

Wearing a mask outside makes about as much sense to me as wearing rubbers in the rain. 

Covid-19(84)

You shouldn’t get your medical advice from television ads . . . or the NYT.

Wash; mask; space

“The current mitigation measures, such as social distancing, quarantine, and isolation implemented in the United States, are insufficient by themselves in protecting the public.  Our analysis reveals that the difference with and without mandated face covering represents the determinant in shaping the trends of the pandemic worldwide.  We conclude that wearing of face masks in public corresponds to the most effective means to prevent interhuman transmission, and this inexpensive practice, in conjunction with extensive testing, quarantine, and contact tracking, poses the most probable fighting opportunity to stop the COVID-19 pandemic, prior to the development of a vaccine.”

Identifying airborne transmission as the dominant route for the spread of COVID-19” in the Proceedings of the National Academy of Sciences of the United States of America by multiple authors dated June 10, 2020.

Covid-19 PanICdemic/Plague:  Rioters / Protestors:  Too Much Noise / Too Little Signal (June 8, 2020)

Posted in Covid / Coronavirus, Kleptocracy, Occupy Movement, Police on June 8, 2020 by e-commentary.org

. . .

K          “I have said for weeks the most devastating rioting and looting has been taking place in the suites in New York and DC not in the streets of Denver and Detroit.”

J          “I hear you.  It will not stop.  Last year as I recall around September 17, 2019, eight years to the day after the emergence of the Occupy Movement, the economy was heading into another major collapse.  And once again, the Federal Reserve stepped in and gave away billions via its repo purchases.  That was not enough.  Covid was and is a godsend for the Kleptocrats because it graciously provided cover and allowed the Federal Reserve to step in and give away trillions.  It just will not stop.”

. . .

J          “Being cooped up has also led many folks to fly the coop.  The legitimate and the undigested anger were unleashed, but the rage is unfocused.  The protestors are protesting about something more and something even the reflective ones would admit is difficult to describe.”

K          “I’m with you.  So much is wrong, yet too much has been needlessly destroyed.  So many of the hard-working business owners already confronted too many challenges and now likely will quit the market.”

. . .

K          “So now the statues have been beheaded, drowned, defaced, dethroned, destroyed and demolished rather than being properly displayed.  I still maintain that all the Confederate and genuinely offending statues should be removed from their public perch and carefully moved to museums and displayed with an explanatory historical text.”

J          “The statues should have been removed by reasonable minded politicians long ago.  The public has had it and did it for them.  The public needs to do things for themselves.”

. . .

J          “We need to rename a dozen military bases currently named for domestic terrorists.  What heroes should we celebrate to replace Fort Benning and Fort Bragg?”

K          “Fort E. Shinseki and Fort S. Butler, although Fort. S. Butler really should be a Marine base.  Or the new name for the Pentagon.”

. . .

K          “So much energy is being misdirected.  The rage and the energy must be directed at the Kleptocrats not just the cops who are doing their bidding.”

J          “The cops also must decide if they are with the power or with the people.”

. . .

[See the e-commentary at “Charlottesville . . . Chancellorsville? (August 14, 2017)” “Rerouting History (February 15, 2016)”, “The Confederate Flag:  What Does It Mean To You? (July 6, 2015)”, “Celebrate Virginia’s ‘Celebrate Slavery Month’ (April 12, 2010)”, “King Daze (January 20, 2014)”, “Dixie Visited (September 17, 2012)”, “Brown Is The New Black (February 18, 2008)” and “Columbus And The Redskins (October 14, 2013)”.]

Bumper stickers of the week:

No justice, no peace

Remove the statues; end the idolatry

Smedley Butler Pentagon

Covid-19 PanICdemic/Plague:  TSD/PTSD In The New Plague War.  A New Civilian Conservation Corps (CCC)? (April 27, 2020)

Posted in Blue States / Red States, Covid / Coronavirus, Kleptocracy, Medicine, Public Health on April 27, 2020 by e-commentary.org

. . .

K          “We are in the halcyon days of the Plague.”

J          “That is what I fear.”

. . .

K          “First responders and healthcare workers are taking over from the military as the new heroes in America.”

J          “In the near future, the RNs and the MDs and the EMTs will be allowed to board planes before others board.  Although we will not be boarding as often.”

. . .

K          “They will board the planes that you and I personally bailed out after the owners looted and plundered the companies and bailed on ordinary Americans.”

J          “The Kleptocracy never sleeps.  The Kleptocracy is far more virulent and a much greater threat than the Virus.  I suffer from ongoing Traumatic Stress Disorder (TSD) and carom between being outraged and being enraged at another carefully planned economic coup d’état.  They are already organizing and planning the 2030 economic coup d’état.”

. . .

J          “In this War on the Plague, the RNs and the MDs and the EMTs are suffering and will suffer the same PTSD that the PFCs and the CPOs and the NCOs suffer.”

K          “In most shooting wars, there are a few minutes of intense activity followed by hours or days or weeks of boredom.  For the First responders and healthcare workers there were and are hours and days and weeks of intense and unrelenting activity followed by a few moments of sleepless respite and restless rest.  They too are now suffering the TSD you talk about in real time.”

J          “The source and nature of the PTSD is quite different.  When most members of the military later have an opportunity to reflect on the designated enemy, they realize and acknowledge that they had no quarrel with the designated enemy.  They were killing innocent kids on behalf of nefarious corporations.  That realization creates even more confusion, frustration, outrage, anger and often self-destructive behavior.  However, there is nothing benign about a Virus that is not burdened with a conscience and does what it is designed to do . . . to maim and kill you.  This Enemy is the acknowledged Enemy of humanity.”

K          “Both groups also have one experience in common.  The ordinary grunts in the military were lied to and betrayed by those in political power and directly by the REMFs.  The RNs and the MDs and the EMTs in the Plague War were and are lied to and betrayed by those in power such as the CDC, the WHO, the MSM, the Surgeon General and so many others in power.  The ‘Plague of Lies’ still plagues us in the ‘War on the Plague’ that will haunt us for years.”

J          “For many health care professionals, the PTSD in large part is regret which is so corrosive and destructive.  In the past, I have interrogated myself many times wondering if I could have done more.  They are also realizing that the treatment protocols they did not establish but implemented in the best of faith were at times wrong, incomplete or inadequate.”

. . .

J          “In the larger population, everyone must deal with ravaged and devastated psyches.  A woman who disregarded my advice in early February to buy and use one mask today and save 500 masks tomorrow resorted to and repeated the government lie.  She flashed on contemporary ‘virtue signaling’ and proclaimed that the masks do not work and should be given to health care workers.  No, wear one.  However, if she is self-aware and if the thought ever dawns on her that she is using a lie to lie to herself and to lie to others, the psychological damage is compounded.”

K          “Someone in February said the idea that this flu is anything more than the sniffles is a ‘stupid’ fool.  He will find fifty different ways to rationalize his position until the day he departs the planet.”

. . .   

J          “There are at least three truths that are debilitating if not devastating.  I must talk myself to sleep.  First, there has never been a vaccine for any coronavirus including for the common cold despite tremendous efforts to find one.  Second, the world record for finding a vaccine is four years for measles after a concerted effort by dedicated and hard-working scientists toiling day and night to find a vaccine.  Third, the Plague seems to be mutating regularly which makes it a moving target to hit.  Oh, and fourth, add the emerging concern that any natural immunity may only be temporary which is related to three.”

K          “Fifth, and never forget that man had a hand in creating the Virus and designed it to elude a vaccine.  If we are not honest about its origin, we will never find a solution.  Sixth, any vaccine is likely to have more side effects than a natural or existing remedy.  And seventh, never forget that Big Pharma is concerned first with profit and will create a vaccine only if there is a profit and will attack any possible remedy that it does not control and market.” 

J          “There is all that.  These thoughts whirring around keep me from sleeping and then when I do nod off they awake me.”

. . .

K          “We disagree about what I facetiously describe as the ‘Trumpi Trifecta’ that may work if given at the right time in the right proportions to the right individuals who have been screened for some concerns.”

J          “In the land of the red, white and blue, we now have ‘red state medicine’ and ‘blue state medicine’ to guide us.  States have been described as laboratories of policy and are now petri dishes of competing protocols.”

K          “As a nation, we will obtain results from South Dakota and Utah and other states and countries.  We must decide which is the ‘red pill’ and which is the ‘blue pill’ in a world where just about everyone is lying to us about what is going on and which pill we should pop.  Taking the wrong pill has consequences.  Those who prescribe the wrong pill will be able to confabulate enough rationalizations to stumble through their lives.”

J          “We do agree that each of us should take ionophores that are available in green tea and yellow onions and other sources and then allow zinc with an appropriate copper chaser to flood the cells.”

K          “Go natural.  I am convinced that plant-based general pathogen destroyers and existing remedies will be the only viable treatments and solutions.”

. . .

K          “The country needs to keep its minds occupied and its hands busy.  The country needs to establish a new version of the Civilian Conservation Corps (CCC).  The kids cannot safely go back to colleges and universities this Fall.  This is the break and the opportunity for the kids to take a break in the assembly line of life and undertake productive social work on the nation’s infrastructure for a livable wage.  The older participants can provide experience and perspective.” 

J          “Almost everyone wants a hand but not a hand out.  Many folks may state that they hate their job, but they want to have a job to hate.  I cannot imagine a more important government program at this time.”

. . .

[See “First the People” in “Epsilon Theory” dated March 23, 2020 by Rusty Guinn.]

[See the e-commentary almost fourteen years ago at “The Residue of Unrelenting Fear:  PTSD Afflicts The Populace (August 28, 2006)” and “Civil War II.  Coming To A Country Near You (November 26, 2018)”.]

Bumper stickers of the week:

“In war, truth is the first casualty.” attributed to Greek writer/poet Aeschylus (525 BC – 456 BC)

Idle hands are the devil’s workshop

Create the CCC (Civilian Conservation Corps)

Plant a garden

Covid-19 PanICdemic:  ‘Virus Trumpius’ Is Virulent And Traumatic (March 23, 2020)

Posted in Covid / Coronavirus, Kleptocracy on March 23, 2020 by e-commentary.org

. . .

J          “History and epidemiology will refer to the Virus via the Latin phrase ‘Virus Trumpius’ because it was enabled and exacerbated during the reign of the 45th President.”

K          “Alleging that the Virus was ‘Made in China’ is not completely accurate because it was assembled in China but likely used parts manufactured in the West.”

J          “Trumpi could have imposed a timely tariff on it in February and significantly truncated its impact.”

. . .

K          “The message from the authorities was puny and the response from the public was puerile.  The populace needs to participate and not always look to the government for help.”

J          “A number of friends still buy and sell the ‘It’s just the flu’ meme.  They have not thought that Nature is thoughtless and indifferent to their opinion and their plight.”

. . .

K          “You know that the President and the government and the non-governmental agencies are lying at just about every opportunity to cover for their delay or ineptitude, but the vexing problem is that the exact opposite of what the government is saying is not always the precise truth.  And everything is still moving at warp speed.”

J          “And the response is always two weeks behind.  The strategy should be to get two weeks ahead.  The ‘Fortnight Folly’ plagues the response every week and every day and every hour and every minute.”

. . .

J          “The real threat is lost in the discussions of hand washing and social distancing.  The droplets drop to the ground.  The tinier airborne aerosolized particles float in the air and contact far more people in a wider area for a longer period of time.  The real threat is that the virus is spread by these tiny aerosol particles that sail through the body’s gauntlet of defense mechanisms, settle in the bottom of the lungs and drown someone from the inside.”

K          “I heard that at a dinner party last Thursday, the seats were spaced another foot apart and everyone had fun practicing social distancing by keeping one yard between attendees.  That is problematic.” 

. . .

J          “One part broke which shut down the entire machine and the entire operation.  The part is complex, proprietary and sourced only from one country.  They are trying to find a weekend gunsmith who might be able to lathe the piece or someone in the Maker community to craft a replacement.” 

K          “One coffee grinder at Costco broke down ten day ago and the other one broke down on Wednesday.  There is no ETA for the parts.”

J          “The water utility system is a combination of old infrastructure with few available replacement parts interfacing with new technology operated by only a few techs who understand how it works and interfaces.  No parts, no people, yes problem.” 

. . .

K          “When you live in a Kleptocracy, private wealth is at the top of the list and public health is at the bottom of the list.”

J          “And now we all pay for it.  The Kleptocrats are conspiring with the Republicans to exploit the opportunity to loot the Treasury and the Federal Reserve.”

. . .

K          “All the politicos are saying is that they need to push on a rope.  One party says they need a bigger rope.  The other party says they need to push harder on the rope.  Either approach is doomed to failure.  They can print money, but they cannot print products.  Stabilizing the economy is the only viable solution, but just giving money is inadequate.”

J          “The government can put money in their pockets, but it cannot put protein in their bellies.  If money is injected into the economy, more dollars will chase the few available products.”

. . .

K          “Their sewing society took the plans and sewed face masks at home.  All the women dropped everything to become the ‘Betsy Ross Bandanna Brigade’ of Smalltownville, America.”

J          “She used an old pillow case to make a prototype that can be laundered.  However, they need to be made and made available in much greater quantities that can only be accomplished in factories.”

. . .

J          “I’m not even a lawyer, but everyone knows that it is illegal and immoral to shout ‘fire’ in a theater if the speaker knows there is no fire in the theater.  One word could cause panic and pandemonium and possibly personal injury.  It is both illegal and criminal to shout ‘no fire’ in a theater when the speaker knows there is a fire in the theater and the theater goers will heed their advice and not act to protect themselves.  The Fox Faux journalists should be indicted.”

K          “We live in a country with many, many, many rules and many, many, many laws, but we do not live in a country that believes in or adheres to the rule of law.  No one in power or with powerful friends will ever be even indicted for intentionally misleading the public and sentencing thousands of gullible citizens to their death with only a few sentences.”

. . .

K          “Last week I noticed for the first time the ‘Great Disconnect’ between the ‘spot price’ for ‘paper precious metals’ and the ‘real price’ for ‘physical precious metals’ as assessed by SD Bullion.  The ‘spot price’ is $13.26 an ounce and the ‘real price’ is ten dollars more at $23.26 an ounce for ‘junk silver’ that is largely U.S. coins minted before 1965.  A real market is emerging in a country with no real free markets.”

J          “$1663 for $100 face value divided by 71.5 ounces.  There is so much going on that the manipulators are overwhelmed and lost control.  The monetary reset is slowly taking shape.  The financial system is fizzling and will soon fail.”

. . .

K          “I am looking for something other than a malignant explanation for Tulsi Gabbard’s decision to quit the race which is understandable and then her decision to endorse Biden which is deplorable.”

J          “Cui bono?”

. . .

J          “They are alleged to offer some hope but are dangerous if taken incorrectly.  Stay tuned.”

K          “Think thalidomide.  That came too close to home.  The science may advance in the next while, yet definite safety and efficacy conclusions may be elusive.  Staying tuned.”

. . .

K          “Some of the babblers seem to believe that the country faces a choice and does not need to close non-essential services.  They can send the wait staff home today or they can receive calls in a few weeks that their maître d’, their sommelier, their chef, their prep cook and their wait staff are down and possibly out.  If there is only one option, there is not a choice.”

J          “Complete lock down nationwide.  Nothing less.  Get two weeks ahead today.  Revisit the lock down in a fortnight.”

. . .

[See “Why Telling People They Don’t Need Masks Backfired:  To help manage the shortage, the authorities sent a message that made them untrustworthy” in “The New York Times” dated March 17, 2020 by Zeynep Tufekci; the essay and many pained and painful comments in “The S*** Is Actually Hitting the Fan But Somehow It Doesn’t Feel Real” dated March 14, 2020 in “The Organic Prepper” by Daisy Luther; and the article on the treasonous and criminal behavior of Senators Richard Burr (R-N.C.) and Kelly Loeffler (R-Ga.) in “Senator Richard Burr Sold a Fortune in Stocks as G.O.P. Played Down Coronavirus Threat” in “The New York Times” dated March 20, 2020 by Eric Lipton and Nicholas Fandos.  Senators Dianne Feinstein (D-Calif.), James Inhofe (R-Okla.) and David Perdue (R-Ga.) also undertook transactions based on inside information.]

Bumper stickers of the week:

Civil Libertarian(s) for the (hopefully short-term) Lock Down

Two is one; one is none. 

“Kings play the fool, and the people suffer for it.”  Horace

Got a letter that says I’m an essential employee and a paycheck that says I’m not

STFH:  Stay Home

STFH or the SHTF

One person is currently presiding over the greatest crime against humanity in the history of humankind.  Do the math.  Think about it. 

Seeing 2020:  Federal Reserve Logic:  QE =/= QE.  Print, Lie, Print, Lie, Print, Lie.  The Great Financial Coup D’état Rages On. (January 6, 2020)

Posted in Banks and Banking System, Federal Reserve, Interest Rates, Kleptocracy, Repurchase Agreement on January 6, 2020 by e-commentary.org

. . .

K          “A year ago, Federal Reserve Chairman Powell repudiated a noble but doomed experiment.  After he raised interest rates in an effort to reach a normal, rational and traditional level, he and many others realized that interest rates can never ever ever ever ever be raised again and must be reduced to zero or less than zero to avoid financial collapse.”

J          “On January 30, as I recall, Powell relented because the Federal Reserve realized that the economic and financial system was again on the edge of collapse.  On September 17, as I recall, when the Federal Reserve again recognized that collapse was immanent, it opened up the coffers via the overnight repurchase market and shoveled free money to the banks and hedge funds.  And the free money is still flowing freely.”

. . .

K          “The entire financial and the political system is built on a deep and abiding faith in and reliance upon distrust.  Everyone in the banking and hedge fund world possesses enough self-awareness to know that she and he are corrupt and dishonest to the core.  And everyone in the banking and hedge fund world knows that the others in the banking and hedge fund world are corrupt and dishonest to the core.  Perfect knowledge in a world of otherwise imperfect knowledge.  Profound and well-founded distrust undergirds all decisions.”

J          “Actions and behavior are predictable, if one seeks to predict actions and behavior.  No banker or hedge funder wants to lend to another banker or hedge funder because each if given half an opportunity will not pay the money back.  Thus, they simply steal the money that is given freely by the Federal Reserve.  And the free money is still flowing freely.”       

. . .

K          “Now going on a dozen years, the Great Financial Coup D’état rages on and on and on.”

J          “And on and on and on and on and on without public input or congressional approval or MSM comment.  And the free money is still flowing freely.”

. . .

J          “Print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print. print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, print, and then rinse and repeat.”

K          “And then lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie, lie and then rinse and repeat.”

. . .

[See the incisive and insightful commentary in “Wall Street On Parade” researched and written by Pam Martens and Russ Martens; David B. Collum, the other Dave who provides a review of the events of the departing year, delivers his written “2019 Year in Review” in two parts and a podcast titled “Pandemonium” in his own inimitable way available at Peak Prosperity.]

[See the e-commentary at “Quantitative Easing = Money Printing (January 19, 2015)” published five years ago discussing the ongoing Quantitative Easing currently in overdrive and part of the Second Great Bank Bailout taking place without public input, congressional approval or MSM comment; “Coups d’état, Bail Outs And Bail Ins:  Clio’s Diary/Chronology.  Oh, And Happy Constitution Day! (September 17, 2018)” published on the ten year anniversary of the Great Financial Coup D’état; and “Twenty Sixteen (January 4, 2016)” published four years ago at the dawn of the year on the prospects for economic collapse in the near future.]

Bumper stickers of the week:

Print, baby, print

Lie, baby, lie

Not all debt is repaid, but all debt is paid

And the free money is still flowing freely