from Kitco NEWS
The Ugly Reality of Socialism
Central planning delivers misery.
by John Stossel
Reason.com
People hate America’s big disparities in wealth. It’s a reason why, among young people, socialism is as popular as capitalism.
The Democratic Socialists of America want a country based on “freedom, equality and solidarity.” That sure sounds good.
But does socialism bring that?
My new video debunks several myths about socialism.
One reason for socialism’s continued appeal is linguist Noam Chomsky. For generations, his work has taught students that capitalism is “a grotesque catastrophe.”
Trump Will Play the Senate’s Game Using the Democrats’ Chips
by Geoffrey P. Hunt
American Thinker
The impeachment managers from the Democrat House, along with co-Senate Majority Leader Chuck Schumer, seem convinced that a Senate “trial” will dispatch Donald Trump from the American scene.
Not so fast….
The first three days of the “trial” will highlight House managers arguing that former president Trump “incited violence” at the Capitol on January 6, 2021. Which was preceded for weeks when “he [Trump] reiterated false claims that ‘we won this election, and we won it by a landslide’… false statements asserting that the Presidential election results were the product of widespread fraud and should not be accepted by the American people or certified by State or Federal Officials… President Trump’s conduct on January 6, 2021, followed his prior efforts to subvert and obstruct the certification of the results of the 2020 Presidential election.” (Articles of Impeachment, HR 24, Jan 11, 2021)
The Gaslighting of the American Mind
by J. Peder Zane
Real Clear Politics
Democrats are the party of make believe.
Through their domination of the media, academia, Hollywood, and growing swaths of corporate America, they successfully peddle propaganda as reality. They insisted President Trump was a dictator and a treasonous ally of Vladimir Putin who refused to denounce white supremacy. They dismissed questions about the business dealings of President Biden’s family as “Russian disinformation” that had been “totally discredited.”
When investigations and fact checks revealed those claims to be false, they just kept on repeating them. Tell a lie long and loud enough and many accept it as truth.
Having secured the White House and control of the Senate in the last election, Democrats and their allies are adding a strong dose of intimidation to their campaign of deceit. They are using social media to silence dissent from their views while creating blacklists to make it difficult for their opponents to find gainful employment. In a sign of how far gone they are, many journalists at influential outfits are now questioning the wisdom of the First Amendment and calling for government regulation of speech.
The Exact Same Thing That is Happening to GameStop is Eventually Going to Happen to the Stock Market as a Whole
by Michael Snyder
The Economic Collapse Blog
A stock is only worth what someone is willing to pay for it at a particular moment in time. Sadly, this is a lesson that many GameStop traders are learning right now. Just a few days ago, GameStop had surged above $300 a share and a lot of investors that had gotten caught up in the frenzy thought that they were suddenly rich. But you only make money in the stock market when you get out. Those that sold at the peak of the bubble were extremely fortunate, but most GameStop investors are determined to hold on to the bitter end, and the end will definitely be quite bitter indeed.
I think that it is great that a horde of retail investors want to punish the short sellers, but GameStop is definitely not a long-term investment.
In fact, the fair value for a share of GameStop stock is probably less than a dollar.
A Perfect Storm is Brewing for Interest Rates to Surge, Says This Bond Expert
Critical information for the trading day
by Steve Goldstein
Market Watch
But the factors that led to that brief selloff in Treasurys are very much still at hand. Chief among them are the rollout of COVID-19 vaccines as well as the huge fiscal stimulus already enacted with more in the pipeline, the pent-up spending power in household savings, and easy monetary policy.
Scott Peng, the founder and chief investment officer of New York investment manager Advocate Capital Management, says a perfect storm is being unleashed. His model estimates the 10-year Treasury yield will jump 162 basis points this year and another 160 basis points next year — which is well ahead of market estimates of roughly 17 basis points of gains in each of the next two years. The 10-year yielded 1.12% in early Wednesday action.
Silver – Seven Reasons it is Still Set to Soar
by Stephen Flood
GoldCore
Despite the stalling of the #silvershortsqueeze, is silver still set to soar?
The social media induced bump in the silver price fizzled almost as quickly as it began. The buzz around the white metal came after social media turned to silver as the next short squeeze. The #silversqueeze meme started quickly trending on twitter and the story made it to the front-page headlines of major newspapers, such as the Wall Street Journal. The price shot 15% higher at the start of trading on Monday to a new eight year high before sliding back throughout the trading day Monday and Tuesday to nearly were it started the week.
TSA Can Now Fine You for Not Masking up Following Biden Executive Order
by Amanda Prestigiacomo
Daily Wire
The Transportation Security Administration (TSA) has been authorized to fine passengers who do not to comply with the new mask mandates on public transportation systems, in accordance with one of the dozens of Executive Orders signed by President Joe Biden within his first weeks in office.
On Day Two in office, Biden signed an executive order that mandated mask-wearing on public transpiration, including on commercial aircraft, trains, public maritime vessels including ferries, intercity bus services, and “all forms of public transportation as defined in section 5302 of title 49, United States Code.”
CNN Legal Analyst: ‘You Don’t Have a First Amendment Right to Lie’
by Brandon Gillespie
DailyCaller.com
CNN legal analyst Jennifer Rodgers claimed in a Tuesday appearance on “Inside Politics” that the First Amendment does not protect an individual’s “right to lie.”
Host John King began by asking Rodgers about the brief that former President Donald Trump’s legal team filed Tuesday. King pointed out that the brief claimed the upcoming impeachment trial is unconstitutional because Trump is no longer president. He also mentioned that the brief stated Trump has a First Amendment right to speak, so he can’t be held accountable for people attacking the Capitol after he held a rally.
Ocasio-Cortez Refuses to Protect Other Women by Naming Attacker
by John Nolte
Breitbart.com
Rep. Rep. Alexandria Ocasio-Cortez (D-NY) claimed this week she is the victim of a sexual assault.
“I’m a survivor of sexual assault, ” Ocasio-Cortez said during a Instagram Live appearance. “And I haven’t told many people that in my life. But when we go through trauma, trauma compounds on each other.”
Well, the “trauma” almost certainly “compounds on each other” when a sitting congresswoman allows the man who sexually assaulted her to run loose because she refuses to name the man who sexually assaulted her.
Why would Ocasio-Cortez, who claims to be a feminist and protector of women, allow the man who sexually assaulted her to run free and to sexually assault other woman? She knows who this monster is, but rather than protect other women from him by going to the authorities or, at the very least, naming him, she’s remaining silent at the expense of his future victims, and when it comes to sexual assault, there are almost always more than one victim.
We Should Worry About a Permanent Covidocracy
by Michael Fumento
The American Institute for Economic Research
Freedom once surrendered can be hell to claw back.
That’s why I sympathize with those opposing even Covid-19 control measures that have some merit such as masks. Masks can reduce spread by blocking virus that’s attached to droplets, either outgoing or incoming, although they are of little value with the main problem which is fully aerosolized virus. Even for droplets a mask is hardly foolproof, which is why of late the omnipotent Dr. Fauci has told us that double masking “just makes common sense” (before pointing out that there’s no data to support that claim) while others now urge triple masking. Can a plastic bag be far behind?
Further, masking is usually just part of a wider package of measures such as curfews (the virus spreads more easily at night, you see) and represent the controversial strategy of focusing not on the ill but the healthy.
California Governor Rating Tanks as Recall Efforts Heats Up
by Penka Arsova
LaCorte News
Voters in California appear to be changing their minds about Gov. Gavin Newsom’s (D-CA) performance.
The numbers: A survey conducted by the Berkeley Institute of Governmental Studies found that less than half of Californians approve of Newsom’s performance as the governor of the state. In the survey, which involved more than 10,000 registered voters in the state, 46% of the respondents were satisfied with how the governor is doing his job.
That’s 18% down compared to his rating from September.
One of his weakest points, according to the respondents, is his response to the coronavirus pandemic with fewer than a third of them saying he had done an “excellent job” when it comes to the pandemic. It’s worth noting that since the last poll, the state saw an increase in coronavirus cases and stricter measures, including stay-at-home orders and business lockdowns.
The Silver Squeeze vs Wall Street Corruption
by Ronan Manly
Bullion Star
What started in mid-January as a coordinated reaction against GameStop short sellers by a group of Reddit discussion forum day traders, has now turned into something entirely larger.
By now you will probably be aware of the recent meteoric rise in the share price of US company GameStop (GME) in late January after Reddit board r/WallStreetBets (WSB) organized to buy and push up the stock price of GME following its heavy shorting by Wall Street hedge funds.
Short Squeeze
Shorting is a strategy by which a listed company’s shares are borrowed and sold so as to drive the share price lower, with the intention of buying back at a lower price and profiting on the difference. However, the worst outcome for a short seller is when the share price rises and shares have to be bought back at a loss. Hence, when the share price turns and rises, this can often lead to a ‘short squeeze’ where panicked short sellers scramble to buy the shares in fear of further losses, in the process helping to drive the price even higher.
In Order to Have a “Tolerant Society”, the Elite Believe They Must Be Intolerant of All Dissenting Views
by Michael Snyder
End of the American Dream
When information becomes a “threat”, even thinking the wrong thing can be dangerous. Over the past several weeks, I have heard the word “misinformation” uttered in the same sentence as “terror” or “terrorists” countless times. In the old days, the “extremists” and the “terrorists” were on the other side of the globe, but now we are being told that they live among us. So how can we identify them? Well, we are being told that “the bad guys” can be identified by what they believe. Those that do not embrace the propaganda that big tech and the corporate media are relentlessly pushing are being systematically “deplatformed”, “canceled” and pushed to the fringes of society. But apparently that is not nearly enough, because the New York Times is now asking for the Biden administration to appoint a “reality czar” that will be given authority to deal with “misinformation” and “extremism”.
So exactly what will be done to those that are guilty of committing “thought crimes” against the government?
Bill Gates: We Need “Pandemic Fire Squads” to Control You in the Post Covid-19 World
by Mac Slavo
SHTF Plan
Bill Gates just keeps doubling down on tyranny despite the fact that no one likes this guy or even cares what he has to say. But in the “post-COVID-19 world,” Gates insists we need to be controlled with “pandemic fire squads” in case there’s another scamdemic.
Another question that needs to be answered is why the hell are they preparing for the post-COVID-19 world? Are they ready to unleash COVID-21?
[…] Gates and his wife, Melinda, detailed their new plandemic idea in their annual letter, which was released last Wednesday. But the Twitter video perhaps brought the implications home for observers in a more powerful way. It shows Gates moving around small figurines like chess pieces on a world map.
United Airlines CEO: Mandatory Vaccines “Will Become What Most Companies Do”
Says vaccine passports “give people a pretty strong incentive, because that’s the way they can get their life back”
by Steve Watson
Info Wars
In a speech to business leaders in Chicago, United Airlines CEO Scott Kirby said that he expects business to demand employees be vaccinated, and that people will accept it just as they have accepted wearing masks.
Appearing at the Economic Club of Chicago on Tuesday, Kirby pushed mandatory vaccines for employees, saying “It will just become what is expected and what most companies do.”
“Once the ball gets rolling, it’s going to roll all the way to the bottom,” he declared, adding that “a big second wave” of companies will mandate vaccines in a snowball effect.
“I’m realistic enough, while I think it’s the right thing to do, to know United Airlines alone can’t do it and have it stick. There don’t have to be a ton of others, but there have to be others,” Kirby urged.