Democrat Policy is Destroying Cities, Making Covid Worse, and Collapsing the Economy

from Tim Pool

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Don’t Worry, the Fed has Belts and Suspenders

by Mike ‘Mish’ Shedlock
The Street

The Fed’s balance sheet is approaching $7 trillion dollars. This is what Bernanke meant by suspenders.

On February 27, 2013, Ben Bernanke spoke to US Congress about how the Fed would unwind its balance sheet.

Bernanke said, We Have “Belts, Suspenders” to Unwind Balance Sheet.

Bernanke’s vague answer to Sen. Richard Shelby, R-AL, when asked how the Fed will deleverage the balance sheet, was this: “In terms of exiting from our balance sheet… a couple of years ago we put out a plan; we have a set of tools. I think we have belts, suspenders – two pairs of suspenders. I think we have the technical means to unwind at the appropriate time; of course picking the exact moment to do, of course, is always difficult.”

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Biden’s ‘You Ain’t Black’ Disaster as Blacks Begin Leaving the Democrat Party

from Dr. Steve Turley

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Blue State Parade: Intentional Homicide (Manslaughter)

by Karl Denninger

We know the lockdowns were bull**** folks.

This isn’t speculation; as I pointed out at the end of March every single state that I looked at had its infection rate (not case count, rate of expansion) peak on or before the day the lockdowns were enacted.

Since it takes five to ten days from infection before you are symptomatic enough to go seek treatment this means the lockdown orders could not have caused the curve to collapse because the mitigation was put into place after the event occurred.

That which you do after something happens cannot be the cause of the “something.” Period.

Not reversing all those orders on or around April 1st was flatly unsupported by facts and thus was and remains criminal malfeasance. There is exactly no state that should not have had their executives dragged out of office on April 1st by the direct action of the overwhelming majority of their citizens, or had their “orders” simply ignored.

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Civilization is On the Brink

by Monty Pelerin
Monty Pelerin’s World

The Chinese have an interesting saying: “May you live in interesting times.” And we do! Civilization is on the brink. It likely will not recover from our current situation.

Civilization is on the brink, but not because of the Chinese. Their behavior regarding the coronavirus pandemic has been shameful. Lives have been lost that could have been saved had they been transparent on the virus. Jobs, businesses and dreams were shattered.

Civilization Is On The Brink Because of Government

Civilization is on the brink because of our own government and other governments around the world. They have so debauched the currency (even before the current crisis) that a worldwide hyperinflation is inevitable.

In this country, the Federal Reserve is the mechanism that the political order used to fund unimaginable spending on useless projects. Along the way, welfare state programs destroyed a large segment of the population’s will or need to work. There should be no such thing as “entitlements.”

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Is it a V- or W-Shaped Recovery? McEwen Says It’s an S

from Kitco NEWS

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Investors Should Stay On the Sidelines with Gold

by Tom Dyson
Casey Research

In the 1840s, Henry David Thoreau lived in a cabin in the woods for two years. He wrote Walden, a famous book about his experience.

In 2018, my ex-wife Kate and I went to live in our own “financial” cabin in the woods.

We sold all our liquid assets, drained our bank accounts, and handed in the keys to our apartments. I sold my car, all my furniture, and converted everything to physical gold and silver.

It wasn’t an investment or a specific speculation to make money. We simply decided we didn’t want to live in the financial system anymore. So we took a financial sabbatical… and decided to go live in the “woods” for a while.

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This is Just Too Bizarre

from HighImpactVlogs

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After Saying She Believes Tara Reade, Ilhan Omar Clarifies: I’m Still Voting for Biden

by Paul Bois
Daily Wire

Over the weekend, far-left Rep. Ilhan Omar (D-MN) sent shockwaves across the political landscape when she said that she believed Joe Biden accuser Tara Reade. After significant backlash on social media, Omar clarified that she will still be voting for Joe Biden come November.

“Ms. Omar I am not an admirer,” a user tweeted at Omar. “We don’t think -we know- that MAGA and Russia are working to defeat a mod dem. I found the comments irresponsible. You should’ve said: ‘I don’t know If Tara Reade is telling the truth and of course, as a surrogate of Bernie’s, I didn’t want Biden.’”

Omar said in response, “Believing survivors is consistent with my values. Yes, I endorsed against Biden and I didn’t pick him as our nominee. With that said, in this interview I did on May 6th, we talked about that and quotes aren’t always in context. I will vote for him and help him defeat Trump.”

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The High Cost of Locking Down America: “We’ve Seen a Year’s Worth of Suicide Attempts in the Last Four Weeks”

by Michael Snyder
End of the American Dream

Locking down much of the country may have helped to “flatten the curve” a bit, but it has also had some very serious consequences that public health officials did not anticipate. Humans were created to be social creatures, and forcing us to isolate ourselves from one another for weeks on end has turned out to be quite problematic. This has especially been true for those that live alone. Today, the U.S. has a higher percentage of one person households than ever before, and keeping those individuals totally isolated in their own homes is not that different from putting prison inmates in solitary confinement for an extended period of time. In both cases, it can be just a matter of time before people mentally break.

Even before this pandemic came along, the suicide rate in the United States was already soaring, and now the number of suicides is spiking like we have never seen before. Just consider what Dr. Mike deBoisblanc of John Muir Medical Center in Walnut Creek, California says is happening in his area…

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Media Frets as the Rich and Young Flee New York City

from RT America

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Chicago Mayor Launches Police Raid to Shut Down Black Church’s Sunday Services

by Warner Todd Huston

On Sunday, Chicago’s first openly gay mayor, Lori Lightfoot, mounted a raid on a black South Side church for holding services in defiance of her coronavirus lockdown orders.

Lightfoot reportedly sent three marked squad cars and two unmarked cars full of officers to the Chicago Cornerstone Baptist Church in the South Side’s Woodlawn neighborhood. Woodlawn is just south of Hyde Park, the area in which the Obamas lived for a short time before Barack became president.

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Judge Sullivan Gave Comey $100,000 Speaking Gig

from The Still Report

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China is Going to Unleash the Gold Price Along with a New Monetary System

from King World News

As we kickoff trading in the final week of May, one of the top money managers in the world said China is going to unleash the gold price along with a new monetary system.

China Will Send Gold Soaring

May 25 (King World News) – Dr. Stephen Leeb: Investors who have long had a particular interest in gold are surely asking themselves: How does the pandemic that originated in China and swept through the world impact the outlook for the metal?

My assessment? It will only speed up what already was inevitable, i.e., China’s forward march in ways that will send gold soaring.

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The Weekly Perspective with David Morgan – American Billionaires Got Richer During Pandemic

from The Morgan Report

David Morgan‘s weekly perspective…

America’s billionaires saw their fortunes soar by $434 billion during the U.S. lockdown between mid-March and mid-May, according to a new report.

Today’s monetary system is based upon a lie. The lie is that you can get something for nothing, or perhaps more simply stated, wealth can be printed. History has shown throughout 5000 years that whenever a country has tried to maintain this illusion (lie), failure has been the result. You can continue to grow your wealth regardless of the changing winds of politics, the economy and the financial markets. Let me show you how…

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