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Peak Woke

by James Howard Kunstler
Kunstler.com

What were the execs of these mighty companies thinking — these knights of the boardroom, these capitalist geniuses, these moral nonpareils — when they cancelled Atlanta’s turn to host the midsummer All-star Game to “protest” Georgia’s passage of a law that requires voter ID? Surely that they were striking a righteous blow against systemic racism. And then, the rest of the world realized — almost immediately — that Major League Baseball requires online ticket buyers to show ID when they pick up their tickets at any stadium… and that Delta Airlines requires passengers to show ID (duh) before being allowed to fly in one of their airplanes… and that various other corporations snookered into this latest hustle such as Nike, Coca-Cola, and Calvin Klein support forced labor in the Asian nations that manufacture their products.

They’re Woke, you see. The tentacles of Wokery have reached into every last compartment of American life now, more effectively even than the Covid-19 corona virus. Wokeness emerged on the scene in 2014 when the feckless teenager Michael Brown was shot to death by police officer Darren Wilson upon arrest in Ferguson, Missouri, an event that kicked off the Black Lives Matter movement. The moral panic BLM ignited proved to be a spectacularly effective device for repelling the truth of the situation, and many more like it, which was that Michael Brown resisted arrest, fought with, and menaced officer Wilson before getting shot.

Continue Reading at Kunstler.com…

88 Years Ago, FDR Banned Gold. Will a Bitcoin Ban Be Next?

by Tho Bishop
Mises.org

Today is the eighty-eighth anniversary of Executive Order 6102, signed by President Franklin Delano Roosevelt, “forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” The order was one of the several disastrous responses to the Great Depression that succeeded in escalating the financial crisis. Later in the year, the US Congress would pass a resolution retroactively supporting the legislation; however, it was the determined autocratic leadership of FDR that made way for these unprecedented measures. It would be a crime for Americans to hold gold for over forty years, until President Gerald Ford reversed the order in 1974.

This episode has several lessons for the current financial environment, particularly given the acceleration of tyranny-by-expert rule that has taken over much of the worst this past year.

Continue Reading at Mises.org…

One Bank Spoils the Party, Reminds Traders We Are This Close to the “Breaking Point”

from Zero Hedge

One look at the S&P500, which closed today at a fresh all time high well above 4,000, suggests that after a period of rangebound trading and some modest quarter-end market jitters, traders once again don’t have a worry on their mind with even mega cap tech stocks ramping in recent days as concerns about reflation and higher rates are seemingly fading away.

Commenting on the market’s endurance and willingness to push higher even amid higher yields, Bloomberg’s Ye Xie notes that after a record services PMI, and nearly 1 million jobs added, “treasuries barely changed much over the past two days.” As he notes, “that perhaps suggests a lot of bad news for bonds is in the price. After all, the markets have now priced in four rate hikes through the end of 2023, when the Fed indicated it plans to keep rates unchanged throughout.” And with yields stalling, the dollar’s rally seems to also be losing some momentum (ironically, just as Goldman covered its dollar short), and as the DXY index is sitting right at the 200-day moving average. As for equities, Xie notes, “yield stability allows for some breathing room as stock benchmarks hit new records.”

Continue Reading at ZeroHedge.com…

4-3-2-1: Is the Countdown to Our “Point of No Return” About to Come to an End?

by Michael Snyder
The Economic Collapse Blog

Do you feel like we are on the verge of a major tipping point? If so, you are definitely not alone. I felt like the first few months of this year would be a time of relative stability, but now I believe that global events will really start to heat up again in a major way. Interestingly, Saturday was the only day when the calendar will read 4/3/21 for the next 100 years. I don’t know if that means anything or not, but a lot of people on social media were commenting that 4-3-2-1 sounds an awful lot like some sort of a countdown. Perhaps it is just a coincidence that we crossed that date at such a critical time in our history, but without a doubt I do believe that we are rapidly approaching our “point of no return”.

One of the major themes in the months ahead will be “wars and rumors of wars”. I have been writing a lot about Ukraine lately, but on Monday the big action actually happened in Asia.

Continue Reading at TheEconomicCollapseBlog.com…

Vacation in Hawaii: Prison on the Pacific

by Brian C. Joondeph, M.D.
American Thinker

Hawaii is an American gem, a collection of island paradises that one can travel to in a reasonable period of time from most of the US mainland. Hawaii poses no issues with language, currency, or cell phone service. The climate is wonderful, with beaches, palm trees, and sea breezes. Under COVID however, visiting Hawaii is more like checking into prison with myriad rules and procedures, including monitored quarantine and GPS bracelets.

Virtually all countries requiring a COVID test for admission allow the standard PCR test now available ubiquitously in any pharmacy, lab, or parking lot test center. But not Hawaii. Each Hawaiian island, despite being part of a single state, makes its own rules, similar what American states do under the concept of federalism.

Continue Reading at AmericanThinker.com…

L.A. Teachers Demand Free Child Care Before Returning to In-Person Learning

by Damjan Tutarkov
LaCorte News

California teachers, backed by one of the country’s largest local teachers’ unions, are calling for child care for their own children in order to be able to return to the classroom and resume in-person learning.

The story: The majority of California’s students have been out of classrooms for about a year, with negotiations between teachers’ unions, schools, and city officials yielding little result.

California has also failed to keep up with other states in providing in-person instruction for students, according to a recent article by the education research and analysis site EdSource.

“California is among states with the highest percentage of schools that are not yet offering fully in-person instruction, according to the department of education data, which was collected Feb. 22 through March 12 of this year. About 82% of elementary schools are not open for fully in-person instruction in California, topped only by Washington (91%), Oregon (92%), and Maryland (92%),” EdSource reported.

Continue Reading at LaCorteNews.com…

Prices Surge Broadly Across the Massive Service Sector and Companies Are Able to Pass on These Higher Prices

by Wolf Richter
Wolf Street

The entire mindset has changed.

Services are about two-thirds of the economy. During the Pandemic, discretionary services such as travel and entertainment have been hard hit, and consumer spending on services in February was still down 5.2% from a year ago. But the services sector is enormous, ranging from healthcare to tech, and demand has been strong in many segments, and is coming back in others. Amid backlogs and shortages, input prices are soaring and companies are able to pass on those higher prices. The Fed might refuse to acknowledge it, but everyone else is seeing it.

Continue Reading at WolfStreet.com…

“The Vaccine is Killing Me!” Facebook Fact-Checks Woman’s Post About Covid Vaccine Adverse Reaction… She Died a Week Later.

‘My arm hurts, beyond exhausted, headache, stomach cramps and earaches.’ … ‘Covid-19 vaccines go through many tests for safety and effectiveness before they’re approved,’ states FB fact check label.

by Adan Salazar
Info Wars

Facebook fact-checked a woman’s account of serious adverse reactions following the Covid vaccine posted one week before she died.

The tech giant had the audacity to add a fact check advisory to 25-year-old Desirée Penrod’s personal post in which she documented experiencing fatigue, headaches and earaches after receiving the Covid-19 vaccine.

“The vaccine is killing me today,” the preschool teacher wrote in her last post on March 10.

“My arm hurts, beyond exhausted, headache, stomach cramps and earaches. Multiple people told me that I looked pale today. Yesterday, I was fine but today it’s taking its toll on me.”

Continue Reading at InfoWars.com…

$100 Silver Ahead

Being a silver investor over the last few weeks has become more psychologically challenging.

by Peter Krauth
FX Empire

That’s true even for us die-hard silver enthusiasts.

After all silver had a standout 2020, having gained about 47% in its best year since 2010. That easily outpaced gold’s own impressive 25% return.

But the reality is that so far in 2021, silver is down 9%. And meanwhile, nearly all the fundamental market drivers have remained intact. It seems the pressures on silver prices are likely from two angles. The first is after such an impressive 2020, it was due to correct. That’s what bull markets do.

The second pressure point is a rising US dollar index, likely thanks to rising long-term bond yields. However, it’s important to consider that this trend will also run its course and exhaust itself. That could happen naturally, or the Fed could intervene by imposing Yield Curve Control.

Continue Reading at FXEmpire.com…

Yes, the Fed Will Cover Biden’s $4 Trillion Deficit

by Clint Siegner
GoldSeek

Central bankers and their comrades in Washington DC changed course in 2020. The policy shifted from “print money and hand it to Wall Street” to “helicopter money” in the form of direct payments and loans to citizens.

The fiscal stimulus, like the Fed’s monetary stimulus before it, provided a fix that addicted markets needed to stay high.

The helicopter money represents another “temporary” measure that will almost certainly become permanent. Much like Quantitative Easing and Zero Interest Rate Policy, bureaucrats will have a very hard time stopping what they have started.

Direct payments to Americans undermine free markets and the dollar. They represent the next major advance in the effort to convert America’s economic system to socialism. The next, and perhaps final, stage in the conversion cannot be far off.

Continue Reading at GoldSeek.com…

MLB Moves All Star Game to Colorado, Which Has Voter ID Laws, Significantly Less Diverse Than Georgia

by Ryan Saavedra
Daily Wire

Major League Baseball has reportedly made the decision to host the 2021 All Star Game in Colorado after caving to pressure from the political Left to boycott Georgia after Georgia passed a new election security law, which included having to include a driver’s license number when voting by mail.

“Coors Field in Denver has been chosen to host this year’s All-Star Game,” ESPN reported. “It will mark the second time the homer-friendly home of the Colorado Rockies will host the Midsummer Classic. The American League beat the National League 13-8 at Coors in 1998.”

Continue Reading at DailyWire.com…

GOP Congressman Says Fauci Needs to Answer for Why His Agency Bypassed Oversight of Funding to Wuhan Lab

by Andrew Kerr
DailyCaller.com

Republican Rep. Scott Perry of Pennsylvania said it is “very concerning” that the federal infectious disease research organization led by Dr. Anthony Fauci bypassed federal oversight of a grant that funded a lab in Wuhan, China to genetically modify bat-based coronaviruses.

Infectious disease experts say the National Institutes of Allergies and Infectious Diseases’ (NIAID) grant with the nonprofit group EcoHealth Alliance, which involved the transfer of $600,000 to the Wuhan Institute of Virology (WIV), described scientists conducting gain-of-function research on SARS-like viruses to make them even more contagious. But a federal oversight board created in 2017 to scrutinize such research was not notified of the grant because the NIAID opted against forwarding it for review, the Daily Caller News Foundation previously reported.

Continue Reading at DailyCaller.com…

261 Transgender Prisoners Request Transfer Under California Law; 255 to Women’s Prison

by Joel B. Pollak
Breitbart.com

Two-hundred sixty-one California state prisoners have requested transfers to facilities that house the opposite gender since a new law went into effect on Jan. 1 — and 255 of them have requested to move from a male to a female corrections facility.

The law, SB 132, provides that a prisoner who self-identifies who is “transgender, nonbinary, or intersex” must be “addressed in a manner consistent with the incarcerated individual’s gender identity,” and be “housed at a correctional facility designated for men or women based on the individual’s preference.” The law applies “regardless of anatomy.” Governor Gavin Newsom signed the law last September, declaring on that occasion that “our march toward equality takes an additional step forward.”

The Los Angeles Times reported Monday that while only a few transfers have been approved thus far, none has been rejected:

Continue Reading at Breitbart.com…

Why the Silence in the Face of Covid Tyranny?

by Donald J. Boudreaux
The American Institute for Economic Research

From the indispensable Lockdown Sceptics I learned recently of this job ad in Britain:

This is an exciting role for an experienced communications professional and offers the opportunity to work at the heart of the Department of Health. The role is a senior leadership role within the NHS Communications team and may offer the first step in developing a possible future career in a senior communication role in the Civil Service.

You will primarily be responsible for delivering a communications strategy to support the expansion of asymptomatic testing that normalises testing as part of everyday life. The role offers the opportunity to work with a wide variety of stakeholders across the public and private sector and provide communi-cations [sic] support to our marketing campaigns.

Note especially the words that I’ve bolded and italicized.

Continue Reading at AIER.org…

Ruling Class Warns of “Variant” That Could Spark Another Lockdown

by Mac Slavo
SHTF Plan

If the rulers can get away with commanding the slaves to lockdown again, they will do so. In fact, the propaganda and narrative for a second lockdown are ramping up again, as a Biden COVID advisor warns of “new variants.”

This time, it’s not to protect grandma though. It’s to protect the children. We all have to be slaves in order to keep others safe. If people can’t see through this totalitarian scam this time, it would be surprising. The rollout of the new narrative is in full swing.

On NBC’s Meet the Press, Micahel Osterholm, director of the Center for Infectious Disease Research and Policy at the University of Minnesota, called the B.1.1.7 variant a “brand-new ballgame” because of how quickly it has spread among children, citing roughly 750 Minnesota schools that have reported the variant in just the last two weeks.

Continue Reading at SHTFPlan.com…