• News

    Bad Payrolls, Destroy the Village

    Weekly Market Update 3 September 2021
    by davefairtex

    Monday, September 6, 2021, 9:56 AM

Market Commentary

Payrolls was the market mover this week – they came in a lot lower than expected [headline +235k], still perhaps 5M below pre-pandemic levels.

Wolf Richter has a good article breaking down why things haven’t gone so well for payrolls. No, it’s not “delta”. As I’ve said before, if you pay people not to work – they don’t work – even with a lot of Help Wanted signs out there. That paying-people-not-to-work is still happening in many states.

Source

I have my thoughts as to why. With 5 million US workers being paid to stay home, they won’t notice (and then complain about) the wage-deflationary pressure that the influx of millions of new, poor, and much more enthusiastic workers streaming over the southern border will create. Well, the pesky US workers won’t notice the deflation until the government finally stops the gravy train. Then they’ll notice for sure! “Hey wait so what happened to all those help wanted signs? And who are all these new people? And how come I can’t get a job?”

Auto/Light Truck sales were crushed [-1.56M -11.95% m/m] – possibly because there aren’t enough vehicles due to “shortages.” Auto sales have been in a free fall for 3 months now.

Durable Goods/Orders looked mostly flat [-254M -0.10% m/m]; shipments by contrast were reasonably strong [+5.59B +2.17% m/m]. Reminder: durable goods orders project “next month” (flat), while shipments describe “this month” (reasonably strong).

The buck fell 5 days out of 5 this week, losing -0.67 [-0.73%], printing a new 7-week (intraday) low on Friday. The buck is in a downtrend.

Gold moved up +9.47 [+0.52%] this week, with all of the gains coming Friday, due to the unexpectedly weak Payrolls report. Gold/Euros actually fell; this is because the buck dropped harder than gold rallied. So, to see gold with the currency moves factored out, we can look at gold/Euros this week. That doesn’t actually look so bad. Gold is in an uptrend from this perspective. Gold’s open interest continues to climb as price rises. The bankster “wash-and-rinse” model is fully in place for gold right now.

Silver looked substantially better than gold, rallying +0.72 [+2.90%] on the week. All of silver’s gains came on Friday following that underwhelming Payrolls report. Silver appears to be back in an uptrend.

Unlike with gold, silver’s OI remains quite low, although it did move slightly higher on Friday’s big [+0.84] rally. Alongside OI, commercial shorts fell again this week – to levels not seen since late 2018. This sort of plunge in both OI and commercial shorts usually signals a low. This bullish signal isn’t great for timing: it can’t pick the day, or even the week, but it does continue to suggest that the low for silver is either past, or close at hand.

While most of the rest of the commodity complex didn’t move all that much, lumber was a notable exception: LB rallied a massive +122.64 [+19.18%], with all the gains coming on Thursday and Friday. What caused the fuss? I have no idea. But it is curious that the open interest dropped hard in recent days. Not sure what that means, other than the shorts appeared to be panicking out of the market. It kinda feels like a short squeeze. These were some big moves for lumber.

Here’s the daily chart for lumber along with open interest:

Equities moved higher [+12.75 +0.28%] hitting yet another new all time high. Even so, the sector map looked bearish – REITS, utilities, and sickcare generally do not lead a market higher. The monthly RSI7 = 88, weekly = 78, daily = 70. Monthly RSI7 at 88 is really quite high. SPX could be setting up for a plunge. Then again, I’ve been saying that for a while now.

Bonds mostly went nowhere [10 year +1.6 bp to 1.33%], and crappy debt looked similarly uninspired [+0.05%].

Crude was also mostly unchanged [+0.39 +0.57%], but like silver, crude has a very bullish-looking commercial short position. There could be another leg down here within the next few weeks, but longer term, crude appears to be much closer to a low than a high, based on OI and what the commercial shorts are doing. Unless there’s a pandemic-type event, the lows for commercial shorts usually happen alongside price lows too.

US crude production continues to move slowly higher. While we aren’t back to “energy independence”, it doesn’t look all that bad.

News Items That Caught My Eye

Arizona’s ‘QAnon Shaman’ Agrees to Plea Deal in Capitol Breach

A criminal complaint alleges Chansley “wilfully and knowingly entered or remained on the floor of a House of Congress or in any cloakroom or lobby adjacent to that floor, without authorization to do so.”

Chansley, 33, was arrested in January and charged with a six-count indictment with civil disorder, disorderly conduct, and obstruction of an official proceeding, among other counts. The details of his plea agreement with government, including which charges he is pleading guilty to, are yet to be made public.

Source

QAnon Shaman is the face of the “armed” insurrection on January 6th – in which no guns were found, and the only people who died were the “insurrectionists” themselves.

On the one hand, Pharma/Oligarchy kills 500,000 Americans (and makes 10s of billions of dollars) with fentanyl, with the consequence: they end up paying a fine, 10 years later.

On the other hand, QAnon Shaman wears a pair of horns, gets waved into the Capitol by police, walks around and takes some selfies, gets thrown in solitary for 7 months, which effectively coerces him into pleading guilty to trespassing. That’ll teach any future QAnon Shamans not to walk around the Capitol taking selfies while wearing horns.


Exclusive: Before Afghan collapse, Biden pressed Ghani to ‘change perception’

Reuters reviewed a transcript of the presidential phone call and has listened to the audio to authenticate the conversation. The materials were provided on condition of anonymity by a source who was not authorized to distribute it.

Excerpts: https://www.reuters.com/world/excerpts-call-between-joe-biden-ashraf-ghani-july-23-2021-08-31/

Source

This explicit (and highly illegal) leak of a conversation between President Grandpa and the Afghan “leader” (installed by the US) suggests to me that the apparently disastrous “Fall of Kabul” operation was actually planned and executed by the Pentagon, in order to embarrass President Grandpa, who it appears really did want to end the 20-year war. The clear message from Defense/Industrial: “take away any more of our Endless Wars and You Will Be Punished.”


Apple delays plan to scan iPhones for child abuse images

“Based on feedback from customers, advocacy groups, researchers, and others, we have decided to take additional time over the coming months to collect input and make improvements before releasing these critically important child safety features,” a company spokesman said. The company didn’t respond to a request for further comment about when it plans to reintroduce these technologies.

Source

The automated iPhone “kiddie porn” scanner – easily repurposed for thousands of other very useful Oligarchy information-gathering/social-control operations – was A Bridge Too Far. So that’s good news. Except:

Apple reportedly scanned iCloud e-mail for child abuse material since 2019

Apple reportedly has been scanning some users’ emails for child abuse imagery since 2019, according to a new report, adding new details to the ongoing debate about the company’s stance on user privacy.

Source

My (technical) interpretation: the “kiddie porn” email-scanner infrastructure AAPL has deployed – since 2019 – can scan your emails for anything. They have just now told us they have been scanning our emails for kiddie porn for two years. What else have they been scanning our emails for that they are not telling us about?

Insurrection? Vax hesitancy? Disinformation? “The Trusted media initiative?” WEF’s “Build Back Better?” The sky is the limit, all done in the name of serving the (Oligarchy’s) greater good.

Takeaway: You absolutely cannot trust AAPL to protect your privacy. It goes without saying that you can’t trust MSFT (hotmail) or GOOG (gmail) either. To paraphrase Catherine Austin-Fitts: “stop feeding [your data to] the tapeworm.”


Biden Vows to Protect Abortion Rights in Face of ‘Extreme’ Texas Law

Source

So why did abortion just appear in the news cycle?

My read: the Stakeholders want to distract us away from the failing vaccines, boosters, the engineered-Fall of Kabul, the importation of millions of new low-wage workers, and – most importantly – away from the Horse Paste disaster. Bashing Horse Paste is probably focusing more attention on Ivermectin than if they’d just ignored it completely. (What’s that? Horse paste, you say? And where might I find some of this “horse paste”?) So this distraction-atttempt is actually a positive sign. Prohibition leads directly to Speakeasies.

So: “Look! An Abortion-Squirrel!”


And about that Horse Paste narrative – some interesting tidbits:

Ivermectin explained: Why the so-called ‘horse drug’ has emerged in COVID fight

Many on the Left have questioned the promotion of any COVID-19 therapeutic, even ones that have proven effective against the virus, such as monoclonal antibody drugs, because they argue unvaccinated people will avoid getting vaccinated if they mistakenly believe COVID-19 has a cure.

Source

So nobody is allowed to promote working COVID-19 theraputics? Because, “many on the Left” demand compliance with mass vaccination?

And if you carefully parse the sentence, you will note that – even though monoclonal antibodies have been proven effective against the virus, “many on the Left” argue that unvaccinated people will “mistakenly believe” that COVID-19 has a cure. News flash: even this article admits that monoclonal antibodies work! Does this “many on the Left” rationale make sense?

The article goes on to hem-and-haw about whether or not ivermectin works. So while:

“only a handful of doctors have openly promoted the drug, but they have been derided as outliers”

But then towards the end, there’s this:

A review of data from 15 ivermectin trials found that the drug did reduce deaths among COVID-19 patients who took it, according to an analysis published this month in the American Journal of Therapeutics.

“Moderate-certainty evidence finds that large reductions in COVID-19 deaths are possible using ivermectin,” the seven scientists who authored the analysis wrote in conclusion. “Using ivermectin early in the clinical course may reduce numbers progressing to severe disease.”

This MSM news article seems to be maybe 70-30 against, but they are starting to hedge their bets – and in the title too, not just towards the end. Instead of calling it a horse-drug, they said it was a “so-called” horse drug. And they mentioned monoclonal antibodies. And the article acknowledged that they work. You’d think THAT would be the headline, what with us being in the middle of a pandemic and all, but…apparently not.

Just a waypoint.

Here is a very insightful analysis of the current state of the mainstream media. It might explain why MSM has been so totally co-opted by the Stakeholders.

Blue checkmarks are mourning bad careers in a broken industry

Source

Summary: The media today finds it very difficult to “speak truth to power” due to declining viewership, falling revenues, and the attendant precariousness of content-creator employment within the industry itself. This downhill spiral results in a continuous series of layoffs, and a culture of desperation. There are other contributing factors too – a sort of woke groupthink that US universities appear to specialize in, that all the writers buy into, that they then try to force-feed to America. Unfortunately for them, woke groupthink does not appeal to the mainstream, and so the readership falls again, more layoffs, more desperation, rinse-repeat.

This state of affairs – the abject economic weakness of the industry as well as weakness of the individual reporters – might explain why it was so easy for the Stakeholders to seize control over the narrative. The Stakeholders harvested a great deal of recurring revenue from the sickly Plebes (sickcare = 20% of GDP), and the media is literally a failing industry that finds it very difficult to make a peep about the Stakeholder interests, for fear of losing one of its last remaining revenue sources, and the few remaining jobs that go with it.

“Don’t bite the hand that feeds you”; Pharma/Sickcare, sucking down 20% of US GDP.

Bad Orange Man called it “The Failing New York Times.” It appears as though he was far more correct – in a far more consequential way – than I knew at the time.


How did the Stakeholders capture the FDA?

Word of the Day: user fees.

The FDA budget for FY 2019 is $5.9 billion.

About 55 percent, or $3.2 billion, of FDA’s budget is provided by federal budget authorization. The remaining 45 percent, or $2.7 billion, is paid for by industry user fees.

The FDA budget includes 17,686 full time equivalents (FTEs).

Source

Rule #1: all species and organizations – including bureaucracies – exist to self-perpetuate; true for defense, intelligence, law enforcement, and FDA.

Rule #2: ‘User fees’ directly fund FDA’s FTEs. If there were no more user fees (say – all FDA did was work on vitamins), then 7,958 (45%) of the FDA bureaucrats would suddenly be unemployed – No Job For You!

Rule #3: Nobody within the bureaucracy will last long if they engage in activity that effectively reduces funding to the organization – they become a existential-organizational threat, and must be sidelined or eliminated. So the FDA organization self-selects for people who are excessively receptive to “user-fee” projects. Evolution in action.

So:

  • FDA bureaucracy is structurally incentivized to only consider products that involve a “user fee”
  • Ivermectin, Niacin, NAC – all generics – cannot pay a “user fee”
  • By permitting the Stakeholders to fund almost half of the FDA’s FTEs via user fees, we-the-people enabled user-fee-paying-Pharma to capture the agency.

Given that, how do we interpret this somewhat shocking article from NYT:

Two powerful congressional committees investigating the controversial federal approval of Biogen’s Alzheimer’s drug, Aduhelm, demanded extensive information and documents from the Food and Drug Administration in a letter released on Thursday, making it clear that the committees’ leaders are troubled by unusual actions the agency took in the course of evaluating and approving the drug.

“F.D.A. granted accelerated approval for the drug despite concerns raised by experts — including the agency’s own staff” and members of its independent advisory committee, the letter said.

Source

What’s shocking is NOT the facts of the case, but rather, that the Pharma shills in the House (both sides of the aisle, of course) are actually going forward with an investigation of FDA in this matter! What’s even more shocking is that the underfunded and failing New York Times is actually publishing a piece on it! That’s a brave act: No More Pharma Ad Revenues For You, NYT!

As we know, Biogen’s large, “Gold Standard RCT” on Aduhelm utterly failed to show benefit in alzheimers patients. The 3 trials were stopped early due to futility. And yet user-fee-focused FDA saw fit to approve the $56,000/year drug anyway. “Reward the hand that feeds you, FDA.”

Here’s 1 of the 3 Biogen/Aduhelm trials: n=1653, “Study was discontinued based on futility analysis done and not based on safety concerns.”

https://clinicaltrials.gov/ct2/show/NCT02477800

I keep looking for “that Bridge Too Far”, that one bit of Pharma/Oligarchy overreach which will start the ball rolling and uncover the corruption we all know is systemic at FDA. Perhaps $56,000/year Aduhelm is it?


Related:

Covid could trigger a spike in dementia cases, say Alzheimer’s experts

Atri, who’s director of Banner Sun Health Research Institute in the U.S., explained that Covid can damage and clot micro vessels in the brain, hurt the body’s immunity and cause inflammation.

That can give “easier access to things that can harm your brain” and cause symptoms of neurological disorders — such as dementia — to show up earlier, the doctor said.

Source

Hmm. Dementia. Inflammation and microclots. I’m guessing that’s due to the toxic lab-leaked spike protein stuck in the monocytes, running around causing inflammation. And I’m also guessing that the spike protein in the vax does the same exact thing that the spike in the SC2 virus does. Given the scale of the pandemic + mass vaccination, it seems as though this might be a substantial issue coming down the pike.

Here’s a thread I’ve been pulling on for the past few months:

Dietary niacin and the risk of incident Alzheimer’s disease and of cognitive decline

Source

Nicotinamide Restores Cognition in Alzheimer’s Disease Transgenic Mice via a Mechanism Involving Sirtuin Inhibition and Selective Reduction of Thr231-Phosphotau

Source

So Niacin(amide) cures (early) Alzheimers in mice? We should run a human trial and see!

Coming soon: you aren’t a rat. You aren’t a mouse. Stop with the Niacin, y’all. Take your $56,000 Aduhelm (that doesn’t work!), just deal with the brain swelling, let Medicare go bankrupt, STFU, and tollow The Science!!

ALT: “Emergency Rooms Clogged with people suffering from acute Niacin Flush!”

ALT ALT: “An Alzheimers patient dies from liver failure after ingesting 20 grams of niacinamide in a single day!”


Israeli vax passports – without boosters – will now be invalid after six months following 2nd injection.

The Vaccination Policy and the New Green Pass that will Take Effect Soon

Who is considered to be vaccinated / recovered and protected?

A person who was vaccinated with two vaccine doses, within 6 months from the date of the second vaccination

A person who was vaccinated with three vaccine doses, a week after the third vaccination

A person who has recovered from coronavirus disease, within 6 months from the issuing date of the certificate of recovery (a resolution concerning recovered individuals more than 6 months after recovery who have not been vaccinated is being reviewed).

Anyone who recovered from coronavirus disease and received at least one vaccine dose.

Source

Well that’s complicated. Seems like we really need some sort of electronic device, kept on our person at all times, that can tell everyone if we are “clean” or “dirty”, remind us to take our boosters on time, and report us to the authorities if we violate some aspect of the ever-changing ruleset. “For the greater good” (of the Oligarchy).

Buried in all that is a modest amount of good news: the Green Pass actually recognizes COVID-recovered immunity. Right now, its only good for 6 months, but “more freedom” might yet be permitted. It is under review.

If you wanted one single tweet to summarize where we are in the story, this is the one. The ACLU absolutely jumps the shark:

Far from compromising them, vaccine mandates actually further civil liberties. They protect the most vulnerable, people with disabilities and fragile immune systems, children too young to be vaccinated, and communities of color hit hard by the disease.

Source

“We had to destroy the village in order to save it.”

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28 Comments

  • Mon, Sep 06, 2021 - 3:16pm

    #1
    hail

    hail

    Status: Member

    Joined: Jul 06 2012

    Posts: 50

    3

    FDA Regulatory Capture

    Thanks again Dave, always a pleasure.  Keeping my eye on that silver OI.

    Searched the term: "FDA regulatory capture" and spent 30 minutes reading articles reporting on capture going back years.  Very discouraging.

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  • Mon, Sep 06, 2021 - 3:49pm

    #2
    Grover

    Grover

    Status: Platinum Member

    Joined: Feb 15 2011

    Posts: 1033

    10

    Anecdote About Autos

    I had no intention of ever buying another vehicle. Then, a young man accidentally drove his 27 year-old car into my pickup. Both vehicles were totaled. Neither of us were injured. He let his insurance lapse (and therefore was canceled) because he just couldn't find the money to make the premium payment. Yet, he still had a functioning smarty-phone. Hmmm.

    I always carry uninsured-motorist coverage for this very reason. I filed my claim and it was processed rapidly and painlessly. On Friday, I went to my local auto dealer that I've used for the last 15 years for most vehicle-related buying/selling/maintaining. The salesman told me that they only have a few new cars in inventory. Everything is backordered. He said that there are many compounding issues - chip shortage, parts shortage, labor shortages, other shutdowns, etc. As an aside, he said that they sold over 600 vehicles in one weekend when the stimulus checks first came out. What's that about the incentive driving the response?

    I only have to wait 6 weeks (if the vehicle arrives on time.) It's a minor inconvenience. Overall, I feel lucky that I didn't get maimed and my insurance (USAA) treated me so fairly. Just remember that you can always replace stuff. Also remember that there is risk associated with just about everything ... and sometimes, bad outcomes happen. Make sure the reward outweighs the risk BEFORE engaging.

    Grover

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  • Mon, Sep 06, 2021 - 4:47pm

    #3
    Kayje

    Kayje

    Status: Member

    Joined: May 01 2009

    Posts: 26

    4

    Nice update

    Thanks for the good work Dave.

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  • Mon, Sep 06, 2021 - 8:38pm

    wilderabbit

    wilderabbit

    Status: Bronze Member

    Joined: Dec 11 2020

    Posts: 77

    8

    The ALA

    Like the ACLU, the American Library Association (ALA) has also jumped the shark as you say. Traditionally always a big supporter of free speech, intellectual freedom, banned books, etc., they have been suspiciously quiet regarding all the censorship and suppression as of late. Dr. Pierre Kory has gone nuts posting on Instagram today and reports that people trying to share their peer-reviewed article from the American Journal of Therapuetics on Facebook have been having their posts removed or shadow banned. It's insane! My institution pays for my ALA membership each year but I'm not likely to renew come January. Such a crock.

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  • Tue, Sep 07, 2021 - 5:35am

    #5
    David Allan

    David Allan

    Status: Bronze Member

    Joined: Nov 15 2009

    Posts: 89

    12

    Big picture of plans of the Digital Financial Complex

    Hi Dave

    Just had my first experience of a PP post evaporating into the ether. I must be on to something. Can't post the video, can't post the link. Try putting the 2 halves of the link together.

    I like the way you integrate diverse topics to try and make sense of things. Have you heard of Ernst Wolff. He is a german journalist and makes as much sense of the big picture as anyone. The video below the summary is in German with english subtitles (36 min).

    Wolff points out that currently, entities like BlackRock, Vanguard, and State Steel Corporation hold more financial power than many governments—and hence, they have the ability to dictate their will to governments convincingly. 

    According to him, the destruction of the traditional Western social fabric and small businesses is intentional, and the purpose of the destruction is to create enough momentum in the form of desperation and impoverishment that when the central banks roll out the new financial system, the citizens will see it as a solution to horrible problems—as opposed to a new system that somebody wanted to roll out to begin with, at the expense of the prior Western expectations for freedom, standards of living, and so on.

    And why do they (they = the wealthiest human beings of the world whose social club has historically played a bigger role in shaping historical events than your average citizen) want to roll out a new financial system and why do go to such great lengths to make it happen? Wolff believes—and I believe it’s plausible—that it is out of their own desperation, i.e. the desperation of the rich, who are very scared of losing control. The backdrop for their desire is that the planet has gotten small, the old expansion-based model has hit a wall, the U.S. pension funds have been stolen-ish, the people of the world are breeding like rabbits, emerging markets are growing fast—and so they need to make the world AI- and digitally manageable as quickly as possible. In other words, the proposition is that instead of letting the Western economy combust or evolve in an unpredictable manner, the richest people of the world have taken the matters in their own hands and are handling this “transition” like driving a race car carefully through rough terrain—while obviously still competing with each other and while also not missing any opportunity to make themselves even richer as the average Joe is dazed, confused, and maybe also angry at cis white males, or antivaxxers, or immigrants, or Muslims, or all of the above.)

    Per Wolff, the desired end result of the financial reform looks like this:

    Cash is out. Banks are we know them are out. All money is digital and transparent. Central banks generate digital money at will, as much as they want. Every citizen has one and only bank account, which is an account with a central bank. Money is programmable, and our spending is not free-form, i.e. certain chunks of our money can be assigned for specific purposes, or we can only spend it in certain places, or we may be allowed to only buy certain types of food, etc. etc. Taxation’s easy. Censorship is easy. Fining people for bad behavior is easy. The citizenry is entirely transparent and monitored, and the algorithm is a blackbox.

    https://odysee.com/@LongXXvids:c/Ernst-Wolf-speech---summary:3?

    r=JCPYgUuvKo7ystKXeRFm9ztHjP7gWnKZ&sunset=lbrytv

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  • Tue, Sep 07, 2021 - 7:12am

    #6
    CatskillsCreative

    CatskillsCreative

    Status: Member

    Joined: Jun 19 2021

    Posts: 5

    4

    Thank you!

    Thank you so much for another great update!  I look forward to these every week.  I learn so much more from a wink than a nudge.  Your wit is greatly appreciated.

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  • Tue, Sep 07, 2021 - 7:20am

    Mots

    Mots

    Status: Silver Member

    Joined: Jun 18 2012

    Posts: 511

    15

    The Big Picture of Plans of the Financial Complex superseding countries of the world

    David Allen
    Thank you for your short summary of Ernst Wolff's review of what Blackrock/Vanguard etc., who are bigger and more powerful than any country in the world, have in store for us.  Your posting is the clearest, most direct, and interesting take on the overall problem that I have seen in a long time.

    Basically, Mr. Wolff argues that the elite want to make sure that they stay in control and will continue to use their main tool (money via centralized banking) but in a very controlled digital way such that in your words "The citizenry is entirely transparent and monitored, and the algorithm is a blackbox"

    I cant help but notice that these well made plans by the elite work real well for those in cities and who are bleating their emotional need to follow a leader. Some are crying with hysteria induced by the elite and cant wait to fit into that black algorithm box.

    In contrast, the best and perhaps only way to get one or more degrees of freedom in this new world that is being created, is to DIY and become as resilient as possible, in communities that share among individuals while minimizing need for their digital monetary system. It helps that we are poor (ie. dont use much of their currency) and marginalized/can-be-ignored.

    Every potato plant we put in the ground and harvest, every solar panel we mount and keep off the grid, every bicycle or car we repair ourselves, every nitcemrevi pill we make and share with our friends, every youtube video we refrain from downloading, every facebook and twitter account we walk away from, is a step towards our own freedom.  This mindset will also work for those who plan to shelter in place and cannot reach what will be known as the free lands or freer state.  Step by step.  Interacting with others in this PP community will facilitate these steps towards our own freedom outside of what you call the "Digital Financial Complex."  I look forward to meeting more people from this great group as we grope into these murky waters.  I also want to thank Davefairtex for the additional insights, which are more important to me than the graphs......

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  • Tue, Sep 07, 2021 - 8:06am

    #8
    davefairtex

    davefairtex

    Status: Member

    Joined: Sep 03 2008

    Posts: 2729

    5

    thanks

    Thanks guys.

    David Allan - I agree you must be onto something.

    I suspect The Stakeholders have managed to insert the links they don't like into the "spam filter" service that PP uses to get rid of those nifty (and illegal) Passport Offers from Thailand.

    I mean, that's what I'd do if I were them.

    So the "spam filter" does filter spam, but it also filters out the "seditious material" that might cause - oh I dunno - vaccine hesitancy.  Or something.

    I really enjoyed your summary of the video.  I'll go and watch it now.

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  • Tue, Sep 07, 2021 - 8:52am

    #9
    davefairtex

    davefairtex

    Status: Member

    Joined: Sep 03 2008

    Posts: 2729

    7

    Stories about FDA regulatory capture

    Saw a movie recently - The Dallas Buyer's Club.   Set back in the mid-1980s.

    One of the stars of the movie?

    The FDA.

    Seriously.  The movie is COVID, just Version 1.0.  Run back in 1985.  FDA: "NO TREATMENTS FOR YOU, AIDS PATIENTS!!" Sorry you have to die.

    The patients even had their own Horse Paste.  More or less.  Seriously.

    The only thing it is missing; an actual reference to Doctor Anthony Fauci, who was most definitely alive, kicking, and eyeball-deep in the drama back in the day.

    Watch the movie.  See if you end up sympathizing with the ... flawed hero of the piece.  I sure did.

    Sometimes stories are better than yet another paper.  Or even a chart.

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  • Tue, Sep 07, 2021 - 6:17pm

    #10

    sand_puppy

    Status: Member

    Joined: Apr 13 2011

    Posts: 1932

    6

    Here is the video David Allan reviewed

    https://odysee.com/@LongXXvids:c/Ernst-Wolf-speech---summary:3?r=JCPYgUuvKo7ystKXeRFm9ztHjP7gWnKZ&sunset=lbrytv

    The video

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  • Tue, Sep 07, 2021 - 7:48pm

    Mots

    Mots

    Status: Silver Member

    Joined: Jun 18 2012

    Posts: 511

    6

    Internet capture and need for an alternative peer to peer capability?

    Dave
    I have a communication question for you because you are an expert in this area.  I have been worried that we cannot have free peer to peer communications over the internet eventually as big tech and govts exercise increasing control, not to mention deep fakes, which are coming.  Thus Ham Radio seems like an interesting addition to our communication skills.

    BUT zerohedge has an article https://www.zerohedge.com/crypto/nation-states-vs-network-states-vs-crypto-claves, which includes an expert opinion on internet structure and use, and concludes  that

    "While many are quick to point out that DNS is an inverted tree hierarchy under the purview of ICANN, the internet root is observed purely via consensus and convention. There are no technical barriers from anybody adding their own extensions onto the root or using a different one, other than somehow gaining market adaption.

    As an aside: before Bitcoin came along I was habitually declaring that a true P2P DNS was impossible. Then came the blockchain and I was proved wrong (it is worth observing that I’m considered a DNS expert, so what we saw happen there was an expert in the field was proven dead wrong by non-credentialed outsiders. There’s that disruption again, incessantly intruding from the outside).

    While it’s still in the early innings, with experiments like NamecoinHandshake and Ethereum Name Service, it’s just a matter of time before the ICANN sponsored legacy root is seriously challenged or disrupted by a blockchain based root layer that extends the capabilities of DNS"

    Is it true that we can confidently communicate peer-to-peer without interference or blockage over the internet into the indefinite future?  It seems that we do not need ham radio after all.  People in other countries will always be able to get around interferences such as censorship with VPNs and other tricks?

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  • Tue, Sep 07, 2021 - 8:20pm

    Grover

    Grover

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    Universal Basic Income Problems

    David Allen,

    Thanks for posting that video. I really like Ernst Wolff's take on the situation. I didn't find anything in his lecture that I found disagreeable.

    I particularly liked his take on universal basic income (UBI.) I used to work with a person from the Navajo Nation. We became good friends and he joined me on a backpacking trip once. We had plenty of time to talk on that trip and I kept pressing him for details concerning his upbringing on "The Rez."

    I grew up on a small farm in SE Idaho outside a small town. There was a Rez about 15 miles south of us. It was sad to see the lifestyles that many of these people chose to live. Few were working. Drug abuse and alcoholism was rampant. It was like nobody cared or tried to escape. It always bothered me. I never understood the reason. So, I asked my buddy what he thought.

    His tales of growing up pretty much echoed what I saw. When I asked him what causes it, he said that they get enough to get by from monthly government stipends. That, combined with the social acceptance the Rez delivers, keeps people from leaving. On the Rez, nobody looks down at you. Off the Rez, it's a fight every day. There's also the feeling that - because of their heritage - they deserve to be treated better. The attitude has been handed down from generation to generation until now, it is accepted gospel.

    I asked him how and why he escaped the Rez. He told me that his mother and father taught him the value of self-respect. They both worked while he was growing up and warned him about the despair associated with becoming dependent on the monthly stipend. Nonetheless, he traveled down the monetary assistance road as a young adult and fell for many of the negative adventures - drug abuse, alcoholism, and rampant promiscuity. He snapped out of it when his girlfriend became pregnant. Then, he married her and raised 2 sons.

    Universal Basic Income is a lot like the government stipends he talked about. There is enough there for someone to get by. That way, if they can't find work, they'll still be able to live. That's how it will be sold to the enlightened public. In reality, it will be a trap of dependence for those who don't have the gumption to improve their situation.

    I see "Help Wanted" signs all over the place, yet there is still rampant unemployment. Is it because generous unemployment benefits are too lucrative - folks make more on unemployment than they make working? Or is it that there's enough in unemployment benefits to scrape by? The incentive to work has been removed for those who are motivationally challenged.

    Grover

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  • Wed, Sep 08, 2021 - 3:14am

    #13
    David Allan

    David Allan

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    10

    My biggest takeaway

    Thanks for the positive comments.

    For the record I must confess I didn't write the italicised video summary (post 5), although I agree with it 100%.  I joined Tessa Lenas email list recently and copied the text from her  - alas she is a far more eloquent writer than I.

    I think my biggest takeaway from watching Ernst Wolff is making sense of the financial machinations of the Central banks. The system has, more or less, reached its limits and it's going to fail no matter what. The digital financial complex are managing every step of the process for maximum effect. Given the covid narrative is now starting to fall apart the timing of a financial collapse looks likely to be sooner rather than later.

    I keep coming back to that great quote from John Kenneth Galbraith

    "People of privilege will always risk their complete destruction rather than surrender any material part of their advantage"

    This is not going to end well.

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  • Wed, Sep 08, 2021 - 3:49am

    #14
    Grover

    Grover

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    Greg Hunter's USAWatchdog Just Interviewed clif high (Again)

    For those of you who are unfamiliar with clif high, he uses bots to sample text on the web. Then, he looks at linguistic patterns to ascertain emotional levels in the text. He's developed a computer program to decipher the text and then makes forecasts based on his analysis. Not everything he forecasts comes to pass. There's enough forecasts that do come to pass to keep me enthralled.

    I first started subscribing to his reports in the early 2000s. I remember him talking about 1.24 billion people would die in the early 2020s from a "sun" disease. Now, he's still making that forecast, but the "sun" was his interpretation of the "corona" virus and specifically the death rate is for a large percentage of those who got vaxxinated.

    Here's a link to the interview along with the extensive blurb that was written as a teaser.

    Grover

    https://usawatchdog.com/deep-state-deception-tricks-us-into-thinking-theyre-winning-clif-high/

    By Greg Hunter’s USAWatchdog.com 

    Clif High is an Internet data mining expert who has many well-documented correct forecasts.  High uses something he calls “Predictive Linguistics” and computer programs to sort through billions of bits of information on the Internet to predict future trends and events.  His latest correct forecast was made last month here on USAWatchdog when he said, “The FDA would not approve the Pfizer CV19 vaccine.”  The FDA told the public it was approved, but it only approved a Pfizer vaccine called Comirnaty that Americans cannot get.  Americans are still getting the “experimental” Pfizer version of the so- called vaccine, and Pfizer still has immunity from liability.  It was classic bait and switch and a total deception of the public.

    Clif High says, “Deception is their only weapon. . . . They are employing technology to trick us.  They employ bots through all the social media.  They employ scripts in all mainstream media. . . . They have farms of people paid by the CCP with rooms in China and people with 40 different cell phones in front of them with a computer that can feed all those different cell phones.  This is how they establish the persona of large crowds of people that are supposedly agreeing with or putting out the mainstream media talking points or reinforcing those.”

    So, is the country evenly split for and against the Biden Administration?  High says, “No.  I can find about 12% of the population that will repeat the talking points and about 6% of the population that will do it consistently on their own unbidden.  6% are in the category of loyalists. Of that 6%, maybe half are true believers. . . . They are attempting to make you think it’s about 80% to 20% in favor of the Deep State.”

    What’s the real sentiment in the country?  High estimates, “80% of the people in the country are against all of this at a passionate level.  The intensity of that 80% is ratcheting up.”

    High says this is why you are seeing no masks being worn at college football games.  People have had enough.  High says, “You are seeing this at multiple sporting events.  This marker is being used to track the sentiment of people involved in Devolution.”

    In short, large segments of the population will be waking up to all the lies and illusions that control their lives.  High talks about the big die-off of people who are “fully vaccinated” and how it is them who will need to be quarantined so they do not harm the unvaccinated public.  The biggest wakeup call will come soon from the economic system.  High says, “These things are coming in chunks, and we are just about at the point where the chunk called the financial system will fall all apart.  The big marker on that is going to be October 1, which is the end of the fiscal year for the federal government.”

    High also talks about weapons from Afghanistan coming back home to the USA to arm Antifa and BLM courtesy of China.  High thinks what he calls “normies” will be getting a big cold bucket of water in the face soon, and things will change forever in how the public perceives what is going on in America.  High also talks about Australia and the atrocity that is coming that will make them go wild and fight for liberty.  High talks about all the millions of people who have gotten the shots and will probably die.  It’s going to be so bad that 2022 will be known as the year of the mass die-off.  High also talks about how many more people will wake up to the fact that the “USA was attacked” and that “we have been in an ongoing war.”  High also talk real numbers of people who have actually gotten the shots.  It is way less than the official numbers are saying, but for those people, death is probably coming for them.  Phony inflated vax numbers is one more deception at work, according to High, because “they are selling the death shot.”  High says the only thing that explains what is going on with CV19 and the push for injections is the “Deep State global criminals” are “killing people on purpose to depopulate the planet.”

    High gives data and analysis on deflation, gold, silver, Bitcoin, a new U.S. currency as early as January 2022, Ivermectin and vitamins for protection, new side effects for the vax, funeral homes burying record numbers of people than ever, and the Arizona audit and why it is so important to get it perfect.

    This is just some of what is covered in this one hour and 13 min interview.

    In closing, High says, “This war is deception.  They have no real power.  They only have the power of controlling the mind through deception of words.  They are deceivers.  We have lived in a world of deceit where deceit has been rewarded by them.  We have been inculcated into this world, and it’s changing.  It is the most massive change in 2,780 years.  It is the change of the ages into the age of knowing, and we will know.”

    Join Greg Hunter of USAWatchdog.com as he goes One-on-One with data mining expert Clif High, and he gives us an update on future events and trends.

    (What is written here is a fraction of what is in this 1 hour and 13 min. interview.

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  • Wed, Sep 08, 2021 - 6:26am

    richcabot

    richcabot

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    richcabot said:

    Ben Hunt has a similar method of analyzing but he limits analysis to media reports.

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  • Wed, Sep 08, 2021 - 7:44am

    #16
    davefairtex

    davefairtex

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    5

    controlling the internet

    For VPNs: As a nation-state actor, the first thing I'd do is buy up all the VPN companies, and hold them for a year.  Then I'd know who the customers are, and I'd put these people on a list.  If I were serious about restrictions, of course.

    Its a complex subject, but I'm pretty sure I could add a lot of "friction" to any P2P system if I had enough incentive to do so, and control over the ISPs, and control over the backbone.

    I'd use the "list" created from the VPN companies to find people to investigate and use as "QAnon Shaman" prosecutions for - whatever the nation-state decided to make illegal.

    Bottom line: don't put your faith in VPNs as salvation.  They are the very first thing I'd target.

    Same with Tor.  If I were the nation-state, I'd have a ton of Tor servers running across the world.  I'd track everyone who was using Tor as "sigint" targets.  I might not get the content, but the users would definitely go on a list.  Same idea as the VPN.

    FD: I use a VPN.  Of course!  Yep, I'm definitely on a list.  🙂  But at least my ISP can't snoop on my traffic.  The nation-state actor can, but - meh.  Whadda ya gonna do?

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  • Wed, Sep 08, 2021 - 8:28am

    Arthur Robey

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    2

    I know he knows; but he ain't sayin.

    Clif knows about the Alien infiltration. He all but says so.

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  • Wed, Sep 08, 2021 - 11:12am

    Dontknownothin

    Dontknownothin

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    Dontknownothin said:

    Grover,

    Wow! Good find. I have hope. The middle is holding in spite of the great deception. Thank you for sharing that, I have been passing that around even as I watched.

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  • Wed, Sep 08, 2021 - 6:44pm

    Grover

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    Grover said:

    richcabot wrote:

    Ben Hunt has a similar method of analyzing but he limits analysis to media reports.

    Hi Rich,

    I tried to search for "Ben Hunt" and came up with multiple links. About the only one that seemed close was the EpsilonTheory link. That didn't seem close enough. Could you share a link that you like?

    Grover

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  • Thu, Sep 09, 2021 - 1:23am

    Redneck Engineer

    Redneck Engineer

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    Ernst Wolff

    WOW! Thank you for posting that video. I've not heard of Wolff before but I'm very impressed. And I think he is dead right... the whole conspiracy counts on keeping the public ignorant and desperate. So the biggest tool we have is to unmask the fraud and reveal the lies. The time to do it is before people are truly desperate and accept tyranny for security. I have to say the last few minutes of his speech were the most inspiring I've heard in years.

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  • Thu, Sep 09, 2021 - 1:24am

    Redneck Engineer

    Redneck Engineer

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    2

    Ben Hunt

    Yes, the guy at Epsilon Theory uses semantic analysis of news items to find underlying patterns in the overall narrative, with political, social, and economic implications.

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  • Thu, Sep 09, 2021 - 7:51am

    #22
    davefairtex

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    5

    back and forth

    I go back and forth on the issues raised by Clif High.

    Yes, we have a population problem.  Yes, a bunch of Oligarchs have talked openly about dealing with the population problem.  One popular fellow even likes to propose vaccination as the vehicle for doing this.  ("But I didn't mean it like that!")  And some force sure has seized control over the narrative via Trusted News Initiative.  "Shots in arms, regardless of natural immunity, regardless of risk/benefit!"  Mandatory vaccination (promoted by the ACLU - for all of our troops, and healthcare workers - nobody important!) just piles on, especially in the face of the fact the vaccines are failing against Delta, and will be useless against - say - "Mu" that Fauci is telling us with a straight (noble-lie) face: "don't worry about it."

    It doesn't take too much dot-connecting to paint a pretty dark picture.

    Ok.  Apart from the dot-connecting, my question is, will the shot - and/or the "natural" lab-leaked spikes - cause a lifespan/healthspan issue?

    We really need to have some animal trials.  Infect some, inject others, have a third one as a control group, and see how that affects lifespan and healthspan.

    Artificial aging?   Telomere shortening?  CV problems?  Strokes?  Early-onset alzheimers?  Reduced physical performance?  Prions/CJD?  And of course, ADE.

    I mean, if we knew where the danger was, we could look for treatments in advance.  The world will melt down or it won't, but sorting out how to stay healthy - and help our friends, vaxxed, covid-recovered, or otherwise - would seem to be a useful exercise.

    Think about it another way.  If we can come up with the fixes, that will engender a lot of good will.  We can "doctor ourselves" and our group.  If history is any guide, our "health" institutions certainly won't provide much help.  NIH will offer us "remdesivir" or its functional "chemo" equivalent: patented, expensive, works poorly, and has a ton of side effects.  Did I mention expensive?

    That's where my focus is right now.  Sorting out how to fix the bugs that are sure to crop up.  I'm looking at all these things.  Somewhat surprisingly, the stuff we're using right now seems to apply to a fair number of these cases.

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  • Thu, Sep 09, 2021 - 2:41pm

    #23
    Grover

    Grover

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    9

    backer and forther

    Dave,

    I don't completely buy clif's forecasts. There's just enough that actually do happen close enough to his wording that I tend to listen. When I first started reading his reports around 2003, he had archived reports available for free. I read one that he posted in July, 2001 where he was talking about planes flying into buildings in early-to-mid September and that it would change many aspects of American life.

    In the mid 2000s, he was forecasting that the financial system would come undone in Fall, 2008. Each report, he would refine his forecast and by Summer, 2008 he had it down to October 8-10, 2008. I think we all know that the banks would have failed spectacularly if Hank Paulson and Ben Bernanke hadn't convinced House and Senate banking committee chiefs of the dire consequences. Imagine if ATMs froze, lines of credit froze, loans were stopped, etc. etc. How would you buy anything if you were used to paying by credit and had no cash? How would suppliers get paid? How would transporters get paid? Everything would come to a screeching halt. How many meals are we removed from anarchy?

    clif was an early adopter of bitcoin and accepted bitcoins as payment for his reports. Who knows how many he personally controls? Given his extravagant lifestyle and being the slave to fashion that he is </sarc>... he doesn't need any more to comfortably get through life. As a result, I don't think he has an axe to grind. He tells it like he sees it.

    He's floated that 1.24 billion dying number for at least 15 years that I remember. He has always said that the longer it shows up in his data, the more likely it is to happen. I suspect he's speculating about the vaxxine being the culprit. It wouldn't surprise me.

    What bothers me most about the vaxxine is the way governments, MSM, and businesses are pushing so hard. Even when the original set of jabs was supposed to be the solution (and it doesn't work against the new variants,) yet they still push it. Then, there are the deaths. How many have been attributed to Covid that really weren't? Apparently, Covid cured the flu because flu deaths were almost completely eliminated. What are the chances of that being true?

    Not only that, but governments, the MSM, and big Pharma are silencing the off-patent remedies like Ivermectin and HCQ. I understand big Pharma's position (although I don't agree with it.) I completely despise government's stance on pushing these untested and toxic vaxxines. I don't trust the leaders who push this crap. The cogs of government just do what their bosses tell them to do. Nothing more is expected from them.

    I used to change my tone about vaxxines when talking to people who were already jabbed. (They can't get unjabbed.) Now, I tell them that they were ill-advised to get the original shot and that they'd be stupid to get a worthless booster. Then, I point out that it is untested and new technology and that it may only work for a few months. If they'll listen, I tell them about keeping their "terrain" in fighting shape with vitamins/minerals and off-patent medications. If they won't listen, I wish them the best and move on.

    Back to clif, we'll find out pretty quickly whether or not his "sun" disease will come to pass. He also mentioned crossing all the "T"s and Dotting all the "I"s on the Arizona audit so it can't be misunderstood. I'm looking forward to that document! I think it will wake up enough of the electorate that we have a chance to get our country back.

    Call me an optimistic pessimist,

    Grover

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  • Sat, Sep 11, 2021 - 8:31pm

    #24

    Jim H

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    6

    Too good not to post; Fauci impersonation short film

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  • Sun, Sep 12, 2021 - 12:09am

    #25
    Aria

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    Monoclonal antibody txment (shipments) are being restricted even though no shortages

    Quote from one of Davefairtex links:

    "Many on the Left have questioned the promotion of any COVID-19 therapeutic, even ones that have proven effective against the virus, such as monoclonal antibody drugs, because they argue unvaccinated people will avoid getting vaccinated if they mistakenly believe COVID-19 has a cure"

    This is happening in the South right now.

    Word is spreading in the unvax’d areas of the South that monoclonal antibody treatment is supposed to lower your risk of hospitalization by 70%.  The left’s response? They are now restricting shipments to the unvax'd states even though they admit there is no shortage!

    Alabama’s shipments of monoclonal antibody treatments to be cut by 30 percent

    Snips from the above link:

    "HHS said the change is needed due to “a substantial surge in the utilization of monoclonal antibody drugs, particularly in areas of the country with low vaccination rates,” according to a press release from the American Hospital Association.

    Although vaccinations have been increasing in recent weeks, Alabama still has the smallest percentage of fully vaccinated residents in the nation, according to the Centers for Disease Control and Prevention."

    [snip]

    "Harris said the Alabama Department of Public Health sent out a notice to state providers on Wednesday alerting them of the change. He said providers will now only be able to order monoclonal antibody shipments once a week, and HHS will determine how much of each order will be shipped.

    “They estimated that most providers are probably going to get about 70 percent of what they had,” Harris said. “It’s a little hard to understand their explanation, because they say there’s not actually a product shortage, but they’re trying to make sure that any product that hasn’t been used that’s on the shelf here is getting used.”

    Hospitals in the south are currently full. They are restricting shipments of this treatment to those areas, even though there is no shortage. Remember that the next time they blame the unvax’d for the hospitals being overwhelmed.

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  • Sun, Sep 12, 2021 - 8:26am

    Canuck21

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    Canuck21 said:

    He is very perceptive but I would like to put his theory up against Geert vanden Bossche's theory because if GVDB is correct, then the pretend pandemic will turn into a real one very soon and that would mean the social destruction would be complete indeed.

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  • Thu, Sep 23, 2021 - 5:18am

    #27
    Donn Edwards

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    "and the only people who died were the 'insurrectionists' themselves."

    You forgot to mention the police officers who died. I guess it was an oversight.

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  • Sat, Sep 25, 2021 - 5:41am

    #28
    doveki

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    doveki said:

    ok

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