Anatomy of a fiat currency collapse (E1533)

Max Keiser and Stacy Herbert look at the ghoul of financialization, Larry Summers, who is being brought in as an economic adviser to Joe Biden. They take a look at Summers’ role in ending Glass Steagall and introducing the Commodities Futures Modernization Act, which then led to packaging risk up as an asset and selling to pension funds and other ‘dumb money’. Max interviews Alasdair Macleod of about the forecasts for $3,000 gold and the anatomy of a fiat currency collapse.

Review: Agitprop in America

“Agitprop has been the method for destroying America’s culture and rebuilding it as Cultural Marxism.”
      John Harmon McElroy, Agitprop in America

Agitprop in America
John Harmon McElroy

Arktos, 2020 

“You can live with the loss of certainty, but not of belief.” So begins John Harmon McElroy’s recently-published Agitprop in America, an almost 400-page book on America’s increasing distance from former beliefs, wholesale adoption of new ones, and the methods by which this transformation was brought about. A cultural historian, McElroy is a professor emeritus of the University of Arizona and was a Fulbright scholar at universities in Spain and Brazil. I suspect Agitprop in America is an exercise in catharsis for the author. During the course of the volume McElroy is clearly, to borrow Melville’s famous words, “driving off the spleen,” by which I mean that he is dispensing with many years of excess feelings of irritation, built up over a career in decaying academia. In Agitprop in America, McElroy takes aim at a succession of modern academia’s sacred cows, with chapters covering Marxist history and propaganda techniques, “social justice” activism, mandatory diversity, political correctness, free speech, snowflake culture, government spending, and the dominance of Cultural Marxism in the American education system. One of the book’s more unique features is a 107-page lexicon of 234 terms (from Ableism to Xenophobia) explaining the invention and employment of language as a method of cultural transformation via agitprop. The book is written in a terse, urgent style reminiscent of Hillaire Belloc, and McElroy comes across confident, bullish, and confrontational, all of which contributes character to what is one of the more original and interesting books I’ve read thus far in 2020.

“Instead of overturning the U.S government by force and taking comprehensive control of the United States all at once, the Counter Culture/Political Correctness Movement has been engaged for the last fifty years in gradually but relentlessly transforming the United States from within little by little, by co-opting its institutions and destroying existing cultural beliefs slowly and methodically, and replacing them with the dogmas of Marxism. (8)”

For further background on Agitprop as it was formulated in China under Lin Biao in the years leading up to Chiang Kai-Schek’s  exile government in Taiwan after the Red Army took over mainland China under Chairman Mao, please check this out:

The Seven-Step Path from Pandemic to Totalitarianism

As if it was planned in advance, billions of people around the globe are being forced step by rapid step into a radically different way of life, one that involves far less personal, physical and financial freedom and agency

Here is the template for rolling this out.

Shock Doctrine: Is the U.S. set to collapse as the U.S.S.R. did in the previous century?

What is coming down is looking like a redux of the collapse of the former Union of Soviet Socialist Republics (USSR) in the late 20th century. The simultaneous looting of the pension funds promised to state employees while the wealth of billionaire class increases and they prepare to flee to their bunkers in New Zealand comes right out of the same disaster capitalism playbook as documented by Naomi Campbell in her book on this very subject, “The Shock Doctrine: The Rise of Disaster Capitalism“.  — S. Byron Gassaway

From Wikipedia, the free encyclopedia:

The Shock Doctrine: The Rise of Disaster Capitalism is a 2007 book by the Canadian author and social activist Naomi Klein. In the book, Klein argues that neoliberal free market policies (as advocated by the economist Milton Friedman) have risen to prominence in some developed countries because of a deliberate strategy of “shock therapy“. This centers on the exploitation of national crises (disasters or upheavals) to establish controversial and questionable policies, while citizens are excessively distracted (emotionally and physically) to engage and develop an adequate response, and resist effectively. The book suggests that some man-made events, such as the Iraq War, were undertaken with the intention of pushing through such unpopular policies in their wake. Some reviewers criticized the book for making what they viewed as simplifications of political phenomena, while others lauded it as a compelling and important work.

Mitch McConnell Floats Creating Bankruptcy Process for U.S. States

HUGH HEWITT: I know when you put the CARES Act together, you used the task force, you used some of your best people like Marco Rubio. I have great respect for Lamar Alexander. A lot of the state governments are gonna be smashed up by this. But there is no Chapter 8 in the bankruptcy code. Who are you going to, you know, for states — no states can go bankrupt. Local governments can go bankrupt and reorganize. Who are you going to task to lead the effort on deciding what to do or not to do for the states?

SENATE MAJORITY LEADER MITCH MCCONNELL: I think it’s going to be a broad discussion without, you know, throughout the conference. I mean, we all represent states. We all have governors, regardless of party, who would love to have free money. And that’s why I said yesterday we’re going to push the pause button here, because I think this whole business of additional assistance for state and local governments need to be thoroughly evaluated. You raised yourself the important issue of what states have done, many of them have done to themselves with their pension programs. There’s not going to be any desire on the Republican side to bail out state pensions by borrowing money from future generations.

American billionaires have gotten $280 billion richer since the start of the COVID-19 pandemic

Though the coronavirus itself may not discriminate in terms of who can be infected, the COVID-19 pandemic is far from a great equalizer. In the same month that 22 million Americans lost their jobs, the American billionaire class’s total wealth increased about 10%—or $282 billion more than it was at the beginning of March. They now have a combined net worth of $3.229 trillion.

The initial stock market crash may have dented some net worths at first—for instance, that of Jeff Bezos, which dropped down to a mere $105 billion on March 12. But his riches have rebounded: As of April 15, his net worth has increased by $25 billion. Eric Yuan, founder and CEO of Zoom, was one of the few to see an increase in net worth even as the markets crashed, and he’s now up $2.58 billion.

These “pandemic profiteers,” as a new report from the Institute for Policy Studies, a progressive think tank, calls them, is just one piece of the wealth inequality puzzle in America. In the background is the fact that since 1980, the taxes paid by billionaires, measured as a percentage of their wealth, dropped 79%.


Coronavirus: Belgian Carnage

It is too soon to make a final assessment on the management of COVID-19 by the countries of the world, but one thing is sure: Belgium is in the middle of a great carnage.

It all began in 2015, when the government of Prime Minister Charles Michel (today’s European Council president) decided to destroy Belgium’s entire “strategic stock” of 63 million protective face-masks, including the precious FFP2 type — 1,200 pallets carefully stored and guarded by the army in the Belgrade Barracks, in Namur. Because they were “out of date,” said Minister of Health Maggie De Block, who is still on the job today. “Not at all,” said the main union of the Belgian army, “these masks were incinerated… to ‘make room’ for housing refugees.” In 2015, Belgium and Europe were overwhelmed by migrants at the invitation of German Chancellor Angela Merkel, and the laws of the EU and the European Convention on Human Rights made it effectively impossible to reject them.

The entire strategic stock was thus incinerated, and never replaced — another decision of De Block, which, given the regularity of epidemics and pandemics, amounts to a crime. “To govern is to foresee”, said Emile de Girardin.

The ADL wants to ‘fight hate’ in video games, but ham-fisted CENSORSHIP is the last thing gamers need

Micah Curtis is a game and tech journalist from the US.  Aside from writing for RT, he hosts the podcast Micah and The Hatman, and is an independent comic book writer. Follow Micah at @MindofMicahC

Out of context, out of touch

The Anti-Defamation League is a non-profit organization that works to “combat anti-semitism and bigotry.”

They are also the guys who branded Pepe the Frog as a hate symbol just because some online morons decided to photoshop it into something offensive and saw alt-right hate code in the OK sign and the word “Boogaloo.”

Oftentimes, they’re seen making public declarations whenever a public person says something particularly nasty. Other times they’re doing things that seem rather pointless, like hosting a virtual panel about xenophobia and Coronavirus. They also were rather infamously involved in the most recent adpocalypse at YouTube, where they were brought in to consult and fight “hate speech.”

There’s no reason not to believe the ADL will not take the same sledgehammer approach to gaming. Their ability to ignore context has already been demonstrated in the interview with Daniel Kelly, the assistant director for the ADL’s Center for Technology, when it was first reported that the organization is preparing its foray.

Joe Rogan Experience #1459 – Tom O’Neill

8.06M subscribers
Tom O’Neill is an award-winning investigative journalist and entertainment reporter whose work has appeared in national publications such as Us, Premiere, New York, The Village Voice and Details. His book, Chaos: Charles Manson, the CIA, and the Secret History of the Sixties ( was published by Little, Brown in the summer of 2019.

Covid-19 is deadly, but it will never kill the relentless stupidity of Wokeness

Michael McCaffrey
As the ‘woke’ reaction to coronavirus has shown, even a pandemic won’t slow down the incessant political correctness of woke culture.

The coronavirus pandemic is a very scary and unsettling time for all of us. Everyone one I know is worried about their health, their finances, or both.

Every cough or sniffle feels like a potential calamity and every missed paycheck and new bill coming-due is like the onset of economic ruin. No one knows if or when life will get back to normal and we can resume working without fear of infection and with it the possibility of death. All of this uncertainty is extremely unnerving.

But, thankfully, there is something that can anchor us to our carefree, pre-coronavirus past…something persistent and reliable that, like herpes, will stick with us through thick and thin. I am, of course, referring to the idiotically self-defeating, painfully myopic and infuriatingly insipid, politically correct philosophy known as wokeness.

Like the ever-resilient cockroach surviving and thriving in the aftermath of a nuclear holocaust, that strain of vacuous thought known as wokeness is proving itself to be immune to the Covid-19 contagion.


The cold, hard reality is that coronavirus has killed over 30,000 Americans of all races and ethnicities, and more than 130,000 people from nations across the globe. The disease could very well kill me, or you, in the coming days, weeks, months and years. But rest assured, no matter how bad it gets or how long Covid-19 rages, it will never, ever kill wokeness – the indestructible cockroach of belief systems.

WATCH: Chilling documentary traces the origin of the Chinese COVID-19 virus

The COVID-19 virus, which originated in Wuhan, China, has infected over 1.8 million people throughout the globe, causing more than 115,000 deaths.

Investigative reporter Joshua Philipp, along with the The Epoch Timesa news outlet founded by Chinese Americans associated with the Falun Gong spiritual movement, and NTD Television –  took it upon themselves to sort through the available information on the subject, verify the facts, and put everything into one place.

What they came up with is a bone-chilling documentary film called: “Tracking Down the Origin of the Wuhan Coronavirus”.

Since premiering on April 7th, the film has racked up nearly 1.3 million views on YouTube alone.

The first documentary movie on CCP virus, Tracking Down the Origin of the Wuhan Coronavirus

What Democrats said then in New York: