This is a reminder of why I warn against listening to the talking heads. Unlike advanced AI software, these mouthpieces speak from a biased perspective. On March 11, 2008, Jim Cramer told his audience on CNBC’s “Mad Money” that “Bear Stearns was fine!” At the time, the stock was going for $62 before crashing down to $2 only five days later.
When a viewer wrote in to Cramer to ask about Bear Sterns experiencing a liquidity crisis, Cramer shouted: “NO, NO, NO! BEAR STEARNS IS FINE! DO NOT TAKE YOUR MONEY OUT! If there’s one takeaway, Bear Stearns is not in trouble.” He added, “I mean, if anything, they’re more likely to be taken over. Don’t move your money from Bear. That’s just being silly. Don’t be silly.”
Cramer later tried to claim he never said to buy the stock, but was simply discussing the banking sector. He was trying to prevent a panic, he claimed. In reality, this man has repeatedly made poor calls, yet still remains on air. His screaming tirades are interrupted by commercials and his show is nothing more than the QVC of stocks.
Cramer is an entertainer. Even if I were to go on TV and make forecasts solely from my own viewpoint, I would be doing a disservice to my audience. If you’re looking for true analysis, then there is only one tool that is unbiased and capable of tracking every market around the world.
The attached paper is a continuing and reasonable analysis of the events from September 3, 2022 to September 18, 2022 which is an event that will change the Republic forever. In this mad rush to save the planet from total destruction from green house gas emissions from carbon base fuels the worlds politicians are dismantling Western Civilization. Former President Trump is a major obstacle to Klaus Schwab, and his fellow radicals in the World Economic Form (WEF) e.g. George Soros, Bill Gates and Anthony Fauci have decided to take him out any way they can since he is the only one that can stop them.
Schwab is a rotten man. The World Economic Forum has convinced the UK to remove “best before” dates from food products in an effort to “conserve food waste.” In reality, these sick individuals do not care about human health and need a way to avert attention away from the coming food shortages brought on by their zero-emissions pipe dream.
The UK is set to remove “best before” and labels from around 500 products. When was the food shipped or packaged? It will be up to the consumer to use their best judgment. There are also plans to remove hundreds of “use by” dates on products. “Best buy” indicates the quality of the food, while “use by” indicates whether it is safe for consumption. The WEF insists that these dates are meaningless as it still may be safe to eat expired food. They even claim milk is the third most-wasted product in the UK, which is extremely dangerous to drink if expired.
Expiration dates first appeared in stores post-World War II as large consumer chain markets rose in popularity. Before then, you could talk to the sellers at mom-and-pop shops, and they tended to their products and clients. Perhaps you’d buy directly from the grower, depending on where you lived. You cannot ask an associate at Publix where, say, an apple came from and expect an accurate answer. Food arrives by truckloads now and often is imported from overseas.
So, the WEF would like us to eat bugs and expired foods. Rest assured that the elite will be eating the best, riding in their fossil-fueled powered and heated jets and yachts, and laughing as the rest of us suffer. Governments seem to be on board as they also do not want to admit failure via food shortages.
Canada’s job recovery last year seemed strong according to standard measures. However, it was recently revealed that the majority of jobs were created in the public sector. Nearly 9 in 10 jobs created between 2020 and 2021 were in the public sector. Government, not business, is expanding. Between February 2020 and July 2022, private sector growth remained relatively stagnant after posting just a 0.4% increase. The public sector, on the other hand, rose 9.4% in that same period.
So out of the 366,800 jobs added to the economy during the pandemic, only 56,100 were jobs in the private sector. This is not good for Canada’s long-term growth. The private sector has declined from 49.3% to 48.2%, meaning the government is providing jobs for most of the population.
Three million Canadians lost their livelihoods during the pandemic, a 16% contraction, pushing the unemployment rate to 13% from 5.7%. Then the government decided to reopen slowly, very slowly, and brought the majority of the population under their control. You must adhere to all of Trudeau’s mandates as a government employee. The taxpayers help to partially fund these positions and governments cannot manage a bubble gum machine, let alone the livelihoods of the masses.
Statistics Canada recorded a 5.4% unemployment rate for August, an increase from July’s 4.9% posting. Yet, business is not growing. The government now composes a disproportionate number of jobs, and this completely alters the trajectory of the Canadian economy.
China is no stranger to Western alienation and hostilities. Putin is looking to strengthen his alliance with China by affirming that Russia will adhere to China’s domestic policies as long as China repays the favor. “We intend to firmly adhere to the principle of ‘One China’,” Putin stated as Taiwan has become a hot topic. Putin went on to say that he “condemns provocations by the United States and their satellites in the Taiwan Strait.” China was bordering on neutrality until recently coming under fire for its One China policy. China can now see itself in Russia.
Xi Jinping and Vladimir Putin met this Thursday in Uzbekistan for the first time since Russia invaded Ukraine. Both want to end NATO expansion and agreed to a “no-limits” partnership. Xi warned Biden at the beginning of the year that sanctions on Russia could cripple the global economy. The US warned China to stay out of its affairs but then provoked China by sending leaders like Pelosi to Taiwan. The New World Order first targeted Donald Trump in an effort to remove him from power. Putin is second on their list, followed by Xi.
China knows that the US is in a decline and is strategically placing its finances and policies accordingly. When I met with the central bank of China, they were not bureaucrats – they were traders. When I was asked by people in the US Treasury upon my return what it was like, I responded that they only hired people with experience. They sent everyone to work on trading desks around the world, and then they returned to China to run the central bank. The West hires academics who believe reading a few books is sufficient experience. Similarly, politicians no longer understand diplomatic relations and are willing to sacrifice the economy to uphold petty perpetual disagreements while demonizing opponents.
Posted originally on the conservative tree house on September 18, 2022 | Sundance
If you combine government use of energy policy, government regulation on individuals around that energy policy, and the self-interested need to control political opposition, you discover one of the most effective ways to control human activity is to control their finance.
Canadian Prime Minister Justin Trudeau gave us a great example of that when he weaponized the power of the Canadian government to target the protesting truckers and those who support them. You might remember Trudeau’s government locked down bank accounts, froze assets, denied loans, blocked mortgages and generally confiscated the wealth and incomes of his political opposition without any due process; all because the people were challenging his totalitarian COVID dictates. {Go Deep}
Take those reference points as an overlay and now consider this undiscussed recent announcement from the Biden administration:
[White House] – President Biden often summarizes his vision for America in one word: Possibilities. A “digital dollar” may seem far-fetched, but modern technology could make it a real possibility.
A United States central bank digital currency (CBDC) would be a digital form of the U.S. dollar. While the U.S. has not yet decided whether it will pursue a CBDC, the U.S. has been closely examining the implications of, and options for, issuing a CBDC. If the U.S. pursued a CBDC, there could be many possible benefits, such as facilitating efficient and low-cost transactions, fostering greater access to the financial system, boosting economic growth, and supporting the continued centrality of the U.S. within the international financial system. However, a U.S. CBDC could also introduce a variety of risks, as it might affect everything ranging from the stability of the financial system to the protection of sensitive data.
Notably, these benefits and risks might vary significantly based on how the CBDC system is designed and deployed. That is why Executive Order 14067, Ensuring Responsible Development of Digital Assets, placed the highest urgency on research and development efforts into the potential design and deployment options of a U.S. CBDC. The Executive Order directed the Office of Science and Technology Policy (OSTP), in consultation with other Federal departments and agencies, to submit to the President a technical evaluation for a potential U.S. CBDC system.
Today, OSTP is publishing its report, Technical Evaluation for a U.S. Central Bank Digital Currency System, which lays out policy objectives for a potential U.S. CBDC system and analyzes key technical design choices for a U.S. CBDC system. The report also estimates the technical feasibility of building a CBDC minimum viable product and describes how a U.S. CBDC system might affect Federal operations. The report makes recommendations on how to prepare the Federal Government for a U.S. CBDC system. Importantly, the report does not make any assessments or recommendations about whether the U.S. should pursue a CBDC, nor does it make any decisions regarding particular design choices for a potential U.S. CBDC system. (read more)
When you read that full announcement, you realize they have already built the system.
If the system is built and they are now making policy recommendations for implementation, the question becomes ‘what’s the goal’?
We do not have to look far for the explanation.
the World Government Summit 2022 took place on March 29 and 30 in Dubai, hosting more than 4,000 individuals from 190 countries including senior government officials, heads of international organizations, and global “experts.” The invited participants presented ideas and worldviews from within their various fields of specialty.
One presentation was from Dr. Pippa Malmgren, an American economist who served as special advisor on Economic Policy to President George W. Bush.
Her father, Harald Malmgren, served as a senior aide to US Presidents John F. Kennedy, Lyndon B. Johnson, Richard Nixon, and Gerald Ford. In this segment, Mrs. Malmgren says the quiet part out loud. Yes, they are no longer hiding the construct; indeed, as you will hear they are saying quite openly what the future will look like. WATCH (2 minutes):
Transcript – Dr. Malmgren: “What underpins a world order is always the financial system. I was very privileged. My father was an adviser to Nixon when they came off the gold standard in 71. And so, I was brought up with a kind of inside view of how very important the financial structure is to absolutely everything else.
And what we’re seeing in the world today, I think, is we are on the brink of a dramatic change where we are about to, and I’ll say this boldly, we’re about to abandon the traditional system of money and accounting and introduce a new one. And the new one. The new accounting is what we call blockchain.
It means digital, it means having a almost perfect record of every single transaction that happens in the economy, which will give us far greater clarity over what’s going on. It also raises huge dangers in terms of the balance of power between states and citizens.
In my opinion, we’re going to need a digital constitution of human rights if we’re going to have digital money. But also this new money will be sovereign in nature. Most people think that digital money is crypto, and private. But what I see our superpowers introducing digital currency, the Chinese were the first the US is on the brink, I think of moving in the same direction the Europeans have committed to that as well.
And the question is, will that new system of digital money and digital accounting accommodate the competing needs of the citizens of all these locations, so that every human being has a chance to have a better life? Because that’s the only measure of whether a world order really serves!”
The entry into a digital currency, needs a digital identity.
The end goal of a digital currency is why western political leaders have not been worried about following the COVID-19 spending demands from the World Economic Forum. {Go Deep}
When the global trade currency does not need to be pegged to anything to determine value, it is completely fiat. This is the current problem with global trade and transactions taking place in U.S. dollars, which arbitrarily lifts the standard of life for Americans while providing no similar benefit to other nations. That view became the underlying motive for Osama Bin Laden to target the World Trade Center, twin towers. That view was/is also the perspective carried by Barack Obama, that lay behind his “fundamental change” statement.
A digital currency allows ultimate control on a global basis by a one world government, or western system of collective governments, that can assign value. No other mechanism will have as much control over the life of a person than a digital currency that will create a system of transactional credits and debits, perhaps also influenced by your social credit score.
The digital currency requires a digital identity in order for apportionment based on your value to society. This is essentially an extension of the Fabian mindset into the world of financial transactions and monetary evaluations. Fabians believed that some form of socioeconomic tribunal would be needed in order for each citizen to be quantified according to their “worth” to society. The Chinese social credit score is a variant of that same concept.
The phrase “you didn’t build that,” when espoused by former President Obama and current Senator Elizabeth Warren is also based on this collective worldview. Both believe that individuals do not succeed independently, but rather gain their ability to grow wealth by using the resources of the larger society, infrastructure, labor and education. The phrase “it takes a village” to raise a child, as espoused by Hillary Clinton is another variant of the same collective advocacy.
A digital currency and digital identity is not a conspiracy theory, these “global leaders” are explaining it to us out loud. However, I am concerned that most will not hear it, or understand it, until it is too late.
The wealthy Democrats who have no problem cheering Texas to be overrun and Biden secretly dropping immigrants only in Red states were completely outraged in Martha’s Vineyard. They called out the National Guard and had the low-life immigrants flown again to Cape Cod, away from their biggest donors who live to tell everyone else we are racists, but can’t possibly allow immigrants to stay in their cozy privileged town.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
Centinel2012 