by Greg Hunter
USA Watchdog
Financial writer John Rubino says massive unpayable debt has already bankrupted America, and when this happens, politics are also massively corrupted. Rubino explains, “When you bankrupt your country, your politics are inherently corrupted by that bankruptcy, and that’s what is happening to us. We created a financial system . . . that is run by an aristocracy. It’s not a Right/Left, liberal, socialist or conservative aristocracy. Look at JPMorgan Chase, Google and General Dynamics. Look at Mitch McConnell, the big Republicans and the big Democrats. They are not socialists, and they are not capitalists–they’re aristocrats. They are mainly interested in a system where the rules apply to you and me but do not apply to them. . . . You need to view those guys as Dukes and Duchesses whose main job is to maintain power over the peasants, then their behavior makes complete sense. . . . Seeing them that way makes their motivation and behavior pretty much crystal clear.”
Amid enormous shifts and distortions in consumption and trillions of dollars handed out by the government and the Fed.
Are you satisfied with life in America right now? Before you answer that question, consider more than just politics. Taking an overall view that encompasses every aspect of our society, are you generally satisfied with how our society is functioning at this moment or not? Needless to say, we are coming off a very tough year, and 2021 has not started smoothly either. The COVID pandemic continues to drag on, we are mired in the worst economic downturn in more than 70 years, and there is civil unrest in our streets on an almost nightly basis. All of these trials and tribulations have taken a great toll on us emotionally, and so perhaps it shouldn’t be a surprise that a new Gallup survey has found that the American people are less satisfied with how our nation is functioning than they ever have been before…
The gold price didn’t do much of anything in morning trading in the Far East on their Friday. But starting around 12:45 p.m. China Standard Time it began to edge a bit higher — and jumped up some more minutes after the London open. That rally wasn’t allowed to get far — and from that juncture it was sold lower going into the 8:30 a.m. jobs report in New York. That sent the gold price higher, but it obviously ran into ‘something’ around 12:30 p.m. EST — and it crawled lower until around 4:20 p.m. in after-hours trading. It ticked a few dollars higher going into the 5:00 p.m. EST close.
The Supreme Court on Friday night issued an injunction against California’s pandemic-inspired ban on indoor activities in houses of worship, suggesting that a Chula Vista church was likely to prevail in claiming that the rule violates the First Amendment’s guarantee of religious freedom. Although “federal courts owe significant deference to politically accountable officials with the “‘background, competence, and expertise to assess public health,'” Chief Justice John Roberts said in a concurring statement, “the State’s present determination—that the maximum number of adherents who can safely worship in the most cavernous cathedral is zero—appears to reflect not expertise or discretion, but instead insufficient appreciation or consideration of the interests at stake.”
Gold and silver fell this week in exceptionally volatile conditions for silver. Following the small investor’s rebellious attempt to take out the silver establishment, the silver price rose to over $30 on Sunday evening EST, before being nailed back to below $27. Gold fell $53 from last Friday’s close to trade at $1807 in late-morning European trade, and silver ended down a net 20 cents at $26.63 on the same timescale.
Big Brother is watching you. Sadly, most people don’t realize how extensive the surveillance grid has now become. As you drive to work or to school, license plate readers are systematically tracking where you travel. In major cities, thousands of highly advanced security cameras (many equipped with facial recognition technology) are monitoring your every move. If authorities detect that you are doing something suspicious, they can quickly pull up your criminal, financial and medical records. Of course if they want to dig deeper, your phone and your computer are constantly producing a treasure trove of surveillance data. Nothing that you do on either one of them is ever private.
When lockdowns first happened, my initial thought was geeky, and only later did I begin to realize the implications for human rights and liberties.
With Jeff Bezos no longer running Amazon, sources are reporting that he’s looking forward to spending some of his free time destroying small businesses like he always did. This time will be different, however, since he’ll be bulldozing them in person.
Officials in South Africa said Sunday that they will pause plans to distribute the AstraZeneca vaccine after preliminary trial data suggested it was ineffective against mild and moderate cases of COVID-19 caused by the dominant strain circulating in the country.
The United States confronts a “reality crisis.”