“Any fool can spend money. But to earn it and save it and defer gratification – you learn to value it differently.” [Malcolm Gladwell]. This week has been all about Woke Banks, Bailouts, and Budgets!
Orwell is coming true every day now: "“And if all others accepted the lie which the Party imposed—if all records told the same tale—then the lie passed into history and became truth. 'Who controls the past' ran the Party slogan, 'controls the future: who controls the present controls the past.”
And the Trump fiasco, which I have been watching this evening, merely confirms that "Something is rotten in the state of Denmark. That one may smile and smile and be a villain. There are more things in heaven and earth, Horatio, Than are dreamt of in our philosophy."
It has to end in tears, Bert, I am sorry to say - the forces of division are building everyday now. Your great nation will recover but it might be a bloody road to victory. The foxes have taken charge of the chicken coop and will have to be exterminated - no other solution IMHO.
"When Silicon Valley Bank (SVB) went bust last week ZeroHedge tells us they were the poster-child for 'Woke Makes Broke'. There's not a white male to be found anywhere in SVB except for their senior leadership page, which is the kind of do-as-I-say-not-as-I-do hypocrisy rampant in fake modern American corporations these days."
This was probably the most telling statement of what is going on and being promoted in our businesses and government. It will promote mediocracy and ineptitude. I saw it in the Army with the racial aspect wayback in the early 70's.
Thanks Bert - I am optimistic that this crazy wokeness will eventually go away but we will have to live with the consequences. You and I are old enough to know what they will likely be like!
Agree. I remember the 60's and 70's, and people thought that was weirdness.mainly the harm we did back then was to ourselves and we did not worship the government, quite the contrary.
Today they want to destroy everything and everybody that does not agree with them. They love the government and trust politicians, a toxic brew, if you drink it. Like the vaccines.
Pretty amazing how the human mind can be so creative and innovative. Makes me wonder if AI could ever keep up. I sent this to my Son who is a math genius for his commentary.
Great - I need someone who can figure it out and explain it in words of one syllable! I funked pure math, just managed applied math (for my Phys) but left it all behind because I fell in love with law, accountancy and economics (which I was taught incorrectly it turned out).
“…our [the US] banking system is sound and that Americans can feel confident that their deposits will be there when they need them”.....
She's lying and she knows that we know that she's lying. It's an insult to Americans.
How can a fractional banking system (based on money making magic!) be sound. They can use chewing gum to buy some time, but it's flawed by design and will NOT challenge the law of gravity forever.
NB: Did you notice that they sent $120 billion to Bandera Reich in weapons and then turned around to ask for $300 billion in the next year budget in order to replenish the missing weapons? What's the return on investment here?
Fighting Russia to the last Ukrainian has consequences. It's not as cheap as they had anticipated!
Even the formerly "neutral" Switzerland got caught in the net of the prevailing woke ideology.
The looming quadrillion Dollar derivatives tsunami will be fun to watch.
Plenty of European males have gone woke too, just saying.
All candidates are system supporters. A vote is as an endorsement to the system. The problem is hierarchy over using resources (including humans) to exist. So. The sure solution is to end hierarchy beyond the Dunbar Number but with humans being adapted to this larger institutional morass, unable to care for themselves, this would lead to total wipeout.
The compromise is to work with available resources in a more responsible manner with the effort to maintain order for as long as possible. A renown international accountant would maybe be a place to start figuring this out.
But what we have is this freaky nightmare hybrid system, one side uses resources as fast as the machinery can possibly provide, mostly for war, now to bail out the money (which is a long story plenty for Protect and Survive to highlight on a thousand essays), along with the WEF's goal to collapse the system immediately.
There is no awareness of this predicament by people viewed from my perch. People still would rather ignore it all. Here, a movie clip of how the people react to disaster coming really soon: If you don't have time start at minute mark 1:45 https://www.youtube.com/watch?v=W_EYrVGI7LQ
You might be tickled to learn I own a small business I operate with instinct & accounting style is on the cash basis as much as possible. I started another business and let my wife control this successful one and she went to the accrual basis and ran the thing near to bankruptcy. When I finally came back to it, it being the only real money maker of all the others I started up, I brought it back paying off all the debts and other obligations, over time, with great patience.
Over time equating to having plenty of time to garden, hunt & fish.
By the way, I've got some onions I've grown indoors and they are itty bitty basically but they have sprung and in a week or so when I go to the getaway place, I'm gonna put them in the sun along with the lettuce and the beets.
I'll hopefully give them a day to get ready, but better yet, maybe it will be cloudy.
Part of their web of lies they so easily spin. The workout specialists I know understand a technical bailout is when these forces bail out the banks and the depositors. So they offer us an offer we cannot refuse - a bailout they claim was not a bailout. As per usual they deceive us in a technicality. But yes, it was a bailout. A bailout to cover up the introduction of the solution ( their usual MO) which is their social credit scored digital currency. They create the problem and than fashion the solution. It is a logic we must destroy.
Yes KWN, thank you - with you all the way. They are testing FedCoin now and that's the thin edge of the wedge. I am working with BOOM to find a way to get around retail CBDCs but using cash as much as possible is a only a stop-gap for now since they can kill cash in an instant when needed. Battle on!
We got long way to go for certain. But their logic is faulty. A lot of folks may put down their popcorn when they understand they come for their cash.:-)
"The good news is that the BoE have managed to 'sell' for £1 (or rather 'give away') what's left of the SVB UK subsidiary to HSBC,"
As well as SVB paying "annual bonuses last Friday to 'eligible' U.S. executives", I read in the Times of India: "Silicon Valley Bank's UK arm handed out over 15 million pounds in bonuses days after its rescue deal this week by HSBC .."
That and your 'Woke Makes Broke' comments, sort of says everything you need to know about the banking sector.
I does Greg but not only the banking sector, it has seeped into almost every significant corporation, our government and the Establishment (the Civil Service). There are all sorts of woke attacks going on in UK, but also some wins too. We really have a culture war on our hands and it's wasting so much time and effort - accelerating the decline.
After the 'Witch of the North' resigned last month, her husband just resigned as CEO from the Scottish National Party (SNP) and their membership just crashed 30%, At least we have a win here: https://www.bbc.co.uk/news/uk-scotland-65000606
Yes it does seem to be an attack on everything that made this a stable culture, The Family Unit, Gender, Authority (the position, not the person), Common Law (where the individual is more important than the state), Spheres of Sovereignty (ie the state should be confined to certain things and kept out of the rest) etc etc.
No virus has ever been isolated in human history. To say COVID came from bats or anything else is BS lies deception propaganda. 1918 spanish flu the people died from the injections just like COVID 100 years later. They always do what worked before in history. AIDs patients died from AIDs drugs and not from a disease. They create illusions in peoples minds with no basis in reality by repetition. See the work of Dr Stephan Lanka regarding the fraudulent field of virology. Read Curse of Louis Pasteur by Nancy Applegate PhD. Read Murder by Injection by Eustace Mullins free online, educate yourself on this subject. "Read everything, listen to everyone, believe absolutely nothing, unless YOU can prove it in your own research." RIP Bill Cooper. https://www.eustacemullins.us/wp-content/works/
Thanks Mike, I have read about this hypothesis but I'm not convinced. I have researched it and conversed with other PhDs who purport to know. I remain sceptical but with an open mind. Here's a compendium of pros and cons; you have 1,308 comments to scan! https://stevekirsch.substack.com/p/does-anyone-want-to-debate-does-the ...virus exist?
" "Woke Rule" has transformed every institution into a cabal of incompetent Woke cultists ":
Quadruple-jabbed Lloyd Austin tests positive again but won’t reconsider "vaccine" mandate
It cannot be worse than this - welcome to woke America!:
https://cdni.russiatoday.com/files/2022.08/l/62fa836485f54009487e6729.jpg
Mind control at its best 'N' - thanks for the link, very good.
This wokeism mental disease is sure exposing the lunatics among us.
The problem is worse when the lunatics are in charge of $1.3 Trillion of imperial defence spending.
No words can best describe the above moron. He testified under oath before a US Congress committee last week that Ukraine was winning against Russia:
Secretary of Defense Lying Live to the US Congress. Legalized Lying in the US Government!
https://rumble.com/v2fwqpe-he-lied-judge-and-friends.html
Orwell is coming true every day now: "“And if all others accepted the lie which the Party imposed—if all records told the same tale—then the lie passed into history and became truth. 'Who controls the past' ran the Party slogan, 'controls the future: who controls the present controls the past.”
He gets smarter everyday.
I agree with you, perjury is now the norm. Ever since Clapper got away with it and before that.
And the Trump fiasco, which I have been watching this evening, merely confirms that "Something is rotten in the state of Denmark. That one may smile and smile and be a villain. There are more things in heaven and earth, Horatio, Than are dreamt of in our philosophy."
Great quote that ties in so well with all of this madness. The Trump thing is backfiring and making him a martyr to many that were cool to him before.
I see us eventually becoming red and blue America, and the red part produces all the food and most of the energy. Not a win for the globalists.
It has to end in tears, Bert, I am sorry to say - the forces of division are building everyday now. Your great nation will recover but it might be a bloody road to victory. The foxes have taken charge of the chicken coop and will have to be exterminated - no other solution IMHO.
My team at TBP have a view: https://www.theburningplatform.com/2022/12/14/what-the-heck-is-really-going-on-this-explains-it-all/
And there are lots of them Bert - there's no fixing stupid.
"When Silicon Valley Bank (SVB) went bust last week ZeroHedge tells us they were the poster-child for 'Woke Makes Broke'. There's not a white male to be found anywhere in SVB except for their senior leadership page, which is the kind of do-as-I-say-not-as-I-do hypocrisy rampant in fake modern American corporations these days."
This was probably the most telling statement of what is going on and being promoted in our businesses and government. It will promote mediocracy and ineptitude. I saw it in the Army with the racial aspect wayback in the early 70's.
Thanks Bert - I am optimistic that this crazy wokeness will eventually go away but we will have to live with the consequences. You and I are old enough to know what they will likely be like!
Agree. I remember the 60's and 70's, and people thought that was weirdness.mainly the harm we did back then was to ourselves and we did not worship the government, quite the contrary.
Today they want to destroy everything and everybody that does not agree with them. They love the government and trust politicians, a toxic brew, if you drink it. Like the vaccines.
Hi Bert - I read your comments on Live Science about the math problem with which you were battling and thought you may not have seen this: (it's far above me!): https://www.livescience.com/newly-discovered-einstein-tile-is-a-13-sided-shape-that-solves-a-decades-old-math-problem?utm_term=E5A7FE52-3ED6-493A-90EB-D5C5F4B7A8C3&utm_campaign=368B3745-DDE0-4A69-A2E8-62503D85375D&utm_medium=email&utm_content=44ACAAFD-3B69-498B-A746-D6A0F9946C4C&utm_source=SmartBrief
Pretty amazing how the human mind can be so creative and innovative. Makes me wonder if AI could ever keep up. I sent this to my Son who is a math genius for his commentary.
Great - I need someone who can figure it out and explain it in words of one syllable! I funked pure math, just managed applied math (for my Phys) but left it all behind because I fell in love with law, accountancy and economics (which I was taught incorrectly it turned out).
I've been asked by Prof Steve Keen to join his team helping to sort out the current erroneous economic models but it's a massive task. Here's the low-down: https://profstevekeen.substack.com/p/the-schizophrenic-understanding-of
“…our [the US] banking system is sound and that Americans can feel confident that their deposits will be there when they need them”.....
She's lying and she knows that we know that she's lying. It's an insult to Americans.
How can a fractional banking system (based on money making magic!) be sound. They can use chewing gum to buy some time, but it's flawed by design and will NOT challenge the law of gravity forever.
NB: Did you notice that they sent $120 billion to Bandera Reich in weapons and then turned around to ask for $300 billion in the next year budget in order to replenish the missing weapons? What's the return on investment here?
Fighting Russia to the last Ukrainian has consequences. It's not as cheap as they had anticipated!
Even the formerly "neutral" Switzerland got caught in the net of the prevailing woke ideology.
The looming quadrillion Dollar derivatives tsunami will be fun to watch.
https://www.afrique-asie.fr/wp-content/uploads/2022/09/biden_ikraine-adc9e.png
LOL - I saw it 'N' - they have to say that of course but Ellen Brown knows the score: https://scheerpost.com/2023/03/12/ellen-brown-the-looming-quadrillion-dollar-derivatives-tsunami/
Plenty of European males have gone woke too, just saying.
All candidates are system supporters. A vote is as an endorsement to the system. The problem is hierarchy over using resources (including humans) to exist. So. The sure solution is to end hierarchy beyond the Dunbar Number but with humans being adapted to this larger institutional morass, unable to care for themselves, this would lead to total wipeout.
The compromise is to work with available resources in a more responsible manner with the effort to maintain order for as long as possible. A renown international accountant would maybe be a place to start figuring this out.
But what we have is this freaky nightmare hybrid system, one side uses resources as fast as the machinery can possibly provide, mostly for war, now to bail out the money (which is a long story plenty for Protect and Survive to highlight on a thousand essays), along with the WEF's goal to collapse the system immediately.
There is no awareness of this predicament by people viewed from my perch. People still would rather ignore it all. Here, a movie clip of how the people react to disaster coming really soon: If you don't have time start at minute mark 1:45 https://www.youtube.com/watch?v=W_EYrVGI7LQ
I love the 'X' so this was right up my street!
You might be tickled to learn I own a small business I operate with instinct & accounting style is on the cash basis as much as possible. I started another business and let my wife control this successful one and she went to the accrual basis and ran the thing near to bankruptcy. When I finally came back to it, it being the only real money maker of all the others I started up, I brought it back paying off all the debts and other obligations, over time, with great patience.
Over time equating to having plenty of time to garden, hunt & fish.
Well done Rick, not an easy task, I've been there myself. All credit to you. Yes very tickled :-)
So are you saying it is inadvisable to let a wife control a business? Or just your wife?
ha, ha.
Ken
No. She operated under normal business accounting guidelines.
knowing the numbers are not only not enough, but they normally are false signals for the future.
By the way, I've got some onions I've grown indoors and they are itty bitty basically but they have sprung and in a week or so when I go to the getaway place, I'm gonna put them in the sun along with the lettuce and the beets.
I'll hopefully give them a day to get ready, but better yet, maybe it will be cloudy.
BK
Well, all I can say is I'm glad to read that.
Ken
Part of their web of lies they so easily spin. The workout specialists I know understand a technical bailout is when these forces bail out the banks and the depositors. So they offer us an offer we cannot refuse - a bailout they claim was not a bailout. As per usual they deceive us in a technicality. But yes, it was a bailout. A bailout to cover up the introduction of the solution ( their usual MO) which is their social credit scored digital currency. They create the problem and than fashion the solution. It is a logic we must destroy.
Yes KWN, thank you - with you all the way. They are testing FedCoin now and that's the thin edge of the wedge. I am working with BOOM to find a way to get around retail CBDCs but using cash as much as possible is a only a stop-gap for now since they can kill cash in an instant when needed. Battle on!
We got long way to go for certain. But their logic is faulty. A lot of folks may put down their popcorn when they understand they come for their cash.:-)
"The good news is that the BoE have managed to 'sell' for £1 (or rather 'give away') what's left of the SVB UK subsidiary to HSBC,"
As well as SVB paying "annual bonuses last Friday to 'eligible' U.S. executives", I read in the Times of India: "Silicon Valley Bank's UK arm handed out over 15 million pounds in bonuses days after its rescue deal this week by HSBC .."
That and your 'Woke Makes Broke' comments, sort of says everything you need to know about the banking sector.
I does Greg but not only the banking sector, it has seeped into almost every significant corporation, our government and the Establishment (the Civil Service). There are all sorts of woke attacks going on in UK, but also some wins too. We really have a culture war on our hands and it's wasting so much time and effort - accelerating the decline.
After the 'Witch of the North' resigned last month, her husband just resigned as CEO from the Scottish National Party (SNP) and their membership just crashed 30%, At least we have a win here: https://www.bbc.co.uk/news/uk-scotland-65000606
Yes it does seem to be an attack on everything that made this a stable culture, The Family Unit, Gender, Authority (the position, not the person), Common Law (where the individual is more important than the state), Spheres of Sovereignty (ie the state should be confined to certain things and kept out of the rest) etc etc.
I fear our global leaders are running an experiment on us, Greg - 15-min cities are being implemented now. We will be rats in a trap:
https://www.sciencehistory.org/distillations/mouse-heaven-or-mouse-hell
No virus has ever been isolated in human history. To say COVID came from bats or anything else is BS lies deception propaganda. 1918 spanish flu the people died from the injections just like COVID 100 years later. They always do what worked before in history. AIDs patients died from AIDs drugs and not from a disease. They create illusions in peoples minds with no basis in reality by repetition. See the work of Dr Stephan Lanka regarding the fraudulent field of virology. Read Curse of Louis Pasteur by Nancy Applegate PhD. Read Murder by Injection by Eustace Mullins free online, educate yourself on this subject. "Read everything, listen to everyone, believe absolutely nothing, unless YOU can prove it in your own research." RIP Bill Cooper. https://www.eustacemullins.us/wp-content/works/
Thanks Mike, I have read about this hypothesis but I'm not convinced. I have researched it and conversed with other PhDs who purport to know. I remain sceptical but with an open mind. Here's a compendium of pros and cons; you have 1,308 comments to scan! https://stevekirsch.substack.com/p/does-anyone-want-to-debate-does-the ...virus exist?