When We Can No Longer Tell The Truth…  – 07.21.17

 

  • Lies, half-truths and cover-ups are all manifestations of fatal weakness.
  • When we can no longer tell the truth because the truth will bring the whole rotten, fragile status quo down in a heap of broken promises and lies, we’ve reached the perfection of dysfunction.
  • You know the one essential guideline to “leadership” in a doomed dysfunctional system: when it gets serious, you have to lie. In other words, the status quo’s secular goddess is TINA–there is no alternative to lying, because the truth will bring the whole corrupt structure tumbling down.
  • This core dynamic of dysfunction is scale-invariant, meaning that hiding the truth is the core dynamic in dysfunctional relationships, households, communities, enterprises, cities, corporations, states, alliances, nations and empires: when the truth cannot be told because it threatens the power structure of the status quo, that status quo is doomed.

Read more at:When We Can No Longer Tell The Truth… 

Source:charleshughsmith.blogspot.com…

 US Urges All Nationals In North Korea To “Depart Immediately”, Bans Tourists From Visiting – 07.21.17

 

  • Dennis Rodman will be disappointed to learn that the US is set to ban all citizens from traveling to North Korea, according to two agencies that operate tours there. Koryo Tours and Young Pioneer Tours said the ban would be announced on 27 July to come into effect 30 days later, the BBC reported. “After the 30-day grace period any US national that travels to North Korea will have their passport invalidated by their government.” The ban comes one month after US student Otto Warmbier died following his imprisonment by the Kim regime.
  • China-based Young Pioneer Tours, which had taken Warmbier to North Korea, and Koryo Tours said the ban will come into force on July 27 – the anniversary of the end of the Korean War – with a 30-day grace period. Koryo Tours added that the Swedish embassy in Pyongyang, which handles consular affairs for the United States in the North, informed it of the ban, but did not say how long it would last. The U.S. embassy in the South Korean capital, Seoul, did not immediately respond to a request for comment.

Read more at:US Urges All Nationals In North Korea To “Depart Immediately”, Bans Tourists From Visiting

Source: zerohedge.com…

Washington D.C. Is Essentially Just A Gigantic Money Machine – 07.20.17

 

  • If you have ever wondered why our leaders in Washington D.C. seem to act so strangely, the truth is that it almost always comes down to just one thing.  It has been said that “money makes the world go round”, and that is definitely true in Washington.  This year the federal government will spend more than 4 trillion dollars, and that represents well over one-fifth of our national GDP.  With so much money coming in and so much money going out, the stakes are incredibly high, and that is why so much money is poured into political campaigns on the national level.
  • And it shouldn’t surprise anyone that those that live the closest to this gigantic money machine have benefited greatly.  Forbes just released their brand new rankings for 2017, and they found that five out of the top 10 wealthiest counties in the entire country are suburbs of Washington D.C.…

Read more at:Washington D.C. Is Essentially Just A Gigantic Money Machine

Source: theeconomiccollapseblog.com…

How To Solve The Healthcare Conundrum: “Make ‘Them’ Pay” – 07.19.17

 

  • Over the last decade there’s been no other subject more debated and central to people’s lives, than the current healthcare debacle making its way through the economy. Since the inception of what is colloquially known as Obamacare, the entire complex that was once the envy of the world seems to now be circling around the edge of some giant sinkhole before it renders itself to the forces of gravity, and finally descends into the abyss, taking everything with it in some horrifying sucking sound.
  • If you try to garner any information on how to solve this current debacle (and people like to gloss over this very point) from any of the so-called “smart crowd.” All one gets are mumbo-jumbo filled constructs about why the issue is so difficult to fix and more. It’s moved beyond resembling any sense of intellectual type arguing. Now – it’s pure emotional screaming, crying, and incoherent mumblings making kindergarden look scholarly in comparison. It’s beyond pathetic. Yes – on both sides.

Read more at:How To Solve The Healthcare Conundrum: “Make ‘Them’ Pay”

Source: markstcyr.com…

Why 2017 Is Like 1969 – 07.18.17

 

  • 1969-2017: and here we are again, in so many ways.
  • A deeply polarizing new president, a disastrously misguided official narrative that the political Establishment doggedly supports despite a damning lack of evidence, and an economy teetering on the edge of recession–and worse.
  •  Sound familiar? Welcome to 1969 redux. The similarities between the crises unfolding in 1969 and the present-day crises are not just skin-deep–they’re systemic.
  • Consider the basic parallels.
  • 1. Nixon was if anything more polarizing than Trump. If there was any politician Democrats loved to hate, it was Nixon. Yet Nixon won a close race against an Establishment Democrat, at least partly because he ran as a “peace candidate” and because he spoke to the Silent Majority who disagreed with the nation’s direction. The Silent Majority was mocked and ridiculed by the mainstream media as racist, close-minded deplorables.

Read more at:Why 2017 Is Like 1969

Source: charleshughsmith.blogspot.com…

There Has Been Just One Buyer Of Stocks Since The Financial Crisis – 07.17.17

 

  • When discussing Blackrock’s latest quarterly earnings (in which the company missed on both the top and bottom line, reporting Adj. EPS of $5.24, below the $5.40 exp), CEO Larry Fink made an interesting observation: “While significant cash remains on the sidelinesinvestors have begun to put more of their assets to work. The strength and breadth of BlackRock’s platform generated a record $94 billion of long-term net inflows in the quarter, positive across all client and product types, and investment styles.
  • The organic growth that BlackRock is experiencing is a direct result of the investments we’ve made over time to build our platform.”
  • While the intention behind the statement was obvious: to pitch Blackrock’s juggernaut ETF product platform which continues to steamroll over the active management community, leading to billions in fund flow from active to passive management every week, if not day, he made an interesting point: cash remains on the sidelines even with the S&P at record highs.

Read more at:There Has Been Just One Buyer Of Stocks Since The Financial Crisis

Source: zerohedge.com…

Our Disneyland Economy – 07.16.17

 

  • Disneyland is known as a place “where dreams come true” and where every story always has a happy ending.  But there is going to be no happy ending for the U.S. economy.  Wishful thinking has resulted in one of the greatest stock market rallies in history in recent months, but like all childhood fantasies, it won’t last.  The real economy continues to deteriorate, and we can see this even right outside of the gates of Disneyland.  Every night growing numbers of homeless people sleep on the pavement just steps away from “the happiest place on Earth”.
  • It can be fun to “play make believe” for a while, but eventually reality always catches up with us.
  • Without a doubt, the stock market has been on a tremendous run.  Since Donald Trump’s stunning election victory in November, the market has been setting record high after record high, and it is now up a total of 17 percent…

Read more at:Our Disneyland Economy

Source: theeconomiccollaseblog.com…