The great thing about what is left of the “free” Internet is knowing that you are not alone in one’s own thoughts about the future. I think it can be a curse to be equipped with the ability to see “red flags” when few others do. When I think of the word prophetic, I don’t mean fore-telling as in declaring future events, but forth-telling as in revealing truths.
There are those that have this gift, like Patrick Henry, when he commented about the release of the document called the US Constitution with “I smell a rat”. This among many other “red-flags” he saw in that document came true in the years and decades to come.
The administrator of The Burning Platform wrote today about his (and others like Ron Paul) ability to see what was coming before 2008 and now sees more clearly what is unraveling once more. He also has learned a bit about human nature in this decade since the economy was turned upside-down and the banks were bailed out using taxpayer money.
First, about the sheep:
I will also no longer overestimate the ability of the American populace to see through this charade and come to their senses regarding their unsustainable use of debt to try and maintain an unrealistic lifestyle. Their willful ignorance, created through government education propaganda and social engineering, will not be extinguished until the inevitable financial collapse wipes them out again.
Second, about the wolves:
I suppose I continue to underestimate the level of maliciousness, gluttony, and pure arrogance of those pulling the strings behind the curtain, as they rape and pillage the dwindling financial resources of our empire in its death throes. These psychopaths in suits care not for this country or its people. These globalist pricks want nothing more than pliable slaves, distracted by their iGadgets, sports, and Hollywood drivel.
Lastly, about President Donald Trump:
Vintage 2016:
“They’re keeping the rates down so that everything else doesn’t go down. We have a very false economy. At some point the rates are going to have to change. The only thing that is strong is the artificial stock market. The U.S. economy is in a big, fat, ugly bubble. I will get rid of the nation’s more than $19 trillion national debt over a period of eight years. I’m renegotiating all of our deals, the big trade deals that we’re doing so badly on.” – Donald Trump, September 2016.
Vintage 2019:
“The U.S. economy would grow more quickly if monetary policy were eased. If we had a Fed that would lower interest rates, we would be like a rocket ship. We don’t have a Fed that knows what they’re doing. Our most difficult problem is not our competitors, it is the Federal Reserve. The Fed raised rates too soon, too often, and doesn’t have a clue!” – Donald Trump, July 2019
Obama did that too! The candidate sounded credible .. but once in office, one would think that someone has their kojones in a vise.
I certainly overestimated the campaign rhetoric truthfulness of Donald Trump as he railed against the Federal Reserve for keeping interest rates too low, creating a stock market bubble, and contributing to the parabolic rise in debt. His promise to eliminate the national debt in eight years was impossible, but I thought he might rein in spending and reduce annual deficits.
It seems men who may have the best intentions to do what is right on behalf of the American people when they seek higher office or are appointed to positions of power, such as the Federal Reserve, are summoned into a dark boardroom and informed who are the real bosses and what truly makes the world go round.
Sick but true. As FDR said:
The only reason they are selected is because they WILL do the bidding of those that bought, I mean brought, the puppet, I mean candidate to office.
So where does that have us in the 4Q of 2019?:
So here we are, entering Trump’s fourth year in office as the Deep State and their cronies in Congress, the CIA, and fake news media use impeachment as their last straw in their ongoing attempted coup, and the national debt is up by $3 trillion since Trump took office. At the end of his first term the national debt will exceed $24 trillion and interest on that debt will approach $600 billion.
Is this a good direction? Is this Trumps 4D chess? Using Kevin’s voice from the movie “Home Alone” I say: “I don’t think so”
The tax cuts for corporate America and the richest individuals reduced tax revenues and resulted in corporations buying back billions of their own stock to drive the stock market to the highest valuations since the 2000 dot.com bubble. Meanwhile, Trump fed the military industrial complex with billions more, while funding war throughout the world. Rhetoric about ending wars is just bullshit for the masses. The entitlement outlays remain on an unsustainable path, as Trump and all the feckless politicians in D.C. pretend all is well. Nothing bad has happened – Yet.
I am sure during the Democrat/CIA attempted coup that Trump did not want to pull back DOD spending, especially since a large number of his backers are pro-military, no matter what other country’s women and children will be droned.
The Fed balance sheet peaked at $4.5 trillion as they increased interest rates by a mere 200 basis points over a few years, still 200 basis points below what used to be considered normal. We’ve heard the boasts about the “best economy ever”, “lowest unemployment in history”, “stock market highest ever”, and “record corporate profits”, but with interest rates still at emergency levels and the Fed balance sheet a mere $750 billion lower than its peak, somehow the Fed feels compelled to cut rates and restart QE – but not calling it QE. Powell is bowing down to his Wall Street masters and Trump by taking actions which would only be taken during a recession or financial crisis.
Nothing to see here. Either they will fake it until 2020 elections or the wheels will come off the months prior.
GDP has averaged 2.5% in 2019, with consumer confidence high, consumer spending solid, unemployment at all-time lows, the stock market within spitting distance of all-time highs, and corporate profits at all-time peaks. Why would the Fed cut rates by 50 basis points, with more coming, and increase their balance sheet by $180 billion in one month, with a commitment to increase it by $60 billion a month for the foreseeable future? Will these actions benefit the average person or the above average bank and corporate executives? Savers are again being sacrificed on the altar of corporate America.
Yes, this is the reward people who have tried to save all their lives so they will not be a burden to their kids or to society get when the central bank allows a government to mortgage the future taxpayers lives as perpetual slaves.
Until then, other than Climate Change causing the end of the world in 2032, we have a few things to beware of:
- His [Trump’s] impeachment and/or election of a gun grabbing socialist will surely lead to civil violence.
- The continued provocations between superpowers with nuclear weapons and a Middle East always on the verge of apocalypse only needs an arrogant misstep by an egomaniacal leader to trigger a global conflagration.
Stay tuned. Glad I am not the only one that sees these “red-flags”. Now there are at least two, or three or more if you count Captain1776 and Malibu, two of my sons, .. or maybe more if you count my other two sons and my daughter.
You may not know it today, but in the days to come, you might have to lean on your faith (if that is what you have/want/need), that there is a hope for a better future at some point. The founders talked a bit about Providence in their trying times.
Here is to a new generation that can take to heart that after the storm, there will be peace and prosperity.
-SF1