SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Heinz Blasnik- Views You Can Use

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bull_dozer who wrote (4855)3/18/2022 9:38:46 PM
From: bull_dozer1 Recommendation

Recommended By
maceng2

  Read Replies (1) of 4904
 
Who We're Fightin' For

Introducing your generals in the Enlightened Elite Establishment

Bill Bonner

We promised to explain the real reason for America’s meddling in the affairs of the Eurasian steppes. This will require more space than usual, but we will just continue connecting the dots until we get a better picture.

“What are we fightin’ for?”

We posed the question on Wednesday and were unable to come up with a convincing answer. The obvious ones – protecting the US, protecting our families, saving lives, matter of principle, making money etc. – didn’t seem to apply.

So let us rephrase the question: Who are we fightin’ for? Now the picture becomes clearer.

What we see is the US elite… spoiled, corrupt and incompetent. Instead of looking out for the nation… and helping its people avoid the obvious pitfalls of imperial vanity… it has joined a global caste determined to pursue its own goals. Widely known as the ‘liberal world order,’ it is not ‘liberal’ at all, not in the classic sense of favoring free trade and free speech. Nor is it at all conservative. Instead, it is a caste of busy-bodies who aim to reshape the world in their own image.

....
....
In 2001 a tiny group of terrorists attacked the World Trade Centers. Instead of tracking down the perps, the US launched a war against millions of people who had nothing to do with the attack. The elite in military-related industries made fortunes. But the result was nearly a million dead… and $8 trillion added to US debt.

In the big hysteria of the Mortgage Finance Crisis (caused by the Fed’s too-low rates for too-long), Ben Bernanke, to his everlasting shame, panicked the whole nation with his absurd ‘we may not even have an economy’ remark to Congress. The big pay-off went to Wall Street, whose bonuses and stock options were protected. Rich investors, too, gained about $30 trillion in the stock market alone. The cost: approximately $44 trillion more debt – public and private – added since 2008.

Then, in the COVID hysteria, it was the Pharma/medical/public health/control-freak complex that hit the jackpot. Life-long bureaucrats, such as Anthony Fauci, became celebrities. Pfizer, now recommending a 4th booster shot, got richer than ever. Pfizer stock price approximately doubled after March, 2020. And yet another $8 trillion in government debt that Americans will have to pay.

Hardly had we gotten over that hysteria when the elite whipped up another one. Yes, it’s time for another boost to the empire’s military/industrial/empire/surveillance complex… with a new panic over the Russo-Ukrainian war. The US could have perfectly well sat this one out. “The Ukraine” carries the article “the” to distinguish it from a nation state. We do not say The Britain or The France. We say “The Ukraine” because it is a place, like the Northwest Territories, the Caribbean Islands, the Argentine, the Sahara Desert, not a real country. But the elite has dropped the ‘the’… and acts as though its borders were permanent and inviolable.

...
...
But what kind of a scammy system is this? The EEE (Enlightened Elite Establishment) comes up with one Big Threat after another. Each one brings it more money and more power. Meanwhile, the average American is worse off. Every penny that is squandered on these serial hysterias must come – one way or another – from him. Not from Wall Street. Not from Washington. But from people who sweat and bus and toil… people who make things and satisfy customers. People in Georgia or Idaho. Each hysteria costs them wealth… and freedom.

And freedom too is not just an abstract principle. It is the ability to decide. Where to live, what to do, how to spend your money and how to live your life. Take the decisions away from the individual, and they do not disappear. Instead, they go to a new decider.

Who? Yes, who. Here is the ‘who’ we were looking for. The western liberal elite. Instead of restraining and channeling the barbarous impulses of the wild masses, they gin up a new hysteria… and use it to transfer more money and more power to themselves.

The loss of freedom is hard to measure. The money is not.

The top 1% has tripled its wealth in the last 20 years. No other group even comes close. The next richest-group – from 91% to 99% – doubled their wealth. And everybody else remains approximately flat.


bonnerprivateresearch.substack.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext