To our "government", our "leaders", our "elite" and the Left in general:
So how do I stop the cart and get off this ride?
What if I want to just "opt-out" of the game that has become so very rigged, just in the subjectively "short" span of time that I have been an adult?
Live and let Live - ok, so y'all go do your thing. I just want out and then to be left alone, and I, in turn, will leave you alone. Why can you not agree to such generous, equitable terms?
I'm willing to fend for me and mine, even from within your fraudulent system when a situation arises where it is absolutely necessary and no alternatives exist. Meanwhile, keep your evil hands off my family, money and abilities and we can continue the charade of playing nice together.
Unfortunately, I realize that by your very Nature you can't and won't leave the actual normal, productive people out of your inevitable National and Cultural suicide. Yet you will never see this Reality for what it is, and that will be your undoing.
Due to your hubris and stupidity this is NOT going to end well for either of us...
In tumultuous times as we are experiencing currently, I choose to take a look in the review mirror. To allow myself a moment of reflection to draw upon the wisdom of those who have preceded me along the same or similar road being taken. Maybe something useful will come up. I do not recall the source of this quote, “If you are not winning, you are learning.
Barron Nathan Rothschild, a 19th-century British financier and member of the Rothschild banking family, is credited with saying that "the time to buy is when there's blood in the streets."
Whether or not Rothschild actually uttered the famous line, it reveals an important truth about betting against market psychology. The Oracle of Omaha has some gems also:
• “Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”
• “The best thing that happens to us is when a “great company” gets into “temporary trouble”. We want to buy them when they’re on the operating table.”
This is not political, it is policy oriented. Sound policy. Constitutionally oriented.
====Begin Clip====
'CBDC Anti-Surveillance State Act' introduced in an effort to limit the Fed's authority over a digital dollar
Jordan Finneseth
Wednesday February 22, 2023 14:23
(Kitco News) - Tom Emmer, a member of the U.S. House of Representatives from the state of Minnesota and Republican Majority Whip, has introduced a new piece of legislation that could prevent the Federal Reserve from directly issuing a central bank digital currency (CBDC).
Emmer announced the new legislation via Twitter on Wednesday, posting a screenshot of the bill entitled ‘CBDC Anti-Surveillance State Act’, which was crafted “to halt efforts of unelected bureaucrats in Washington, DC from stripping Americans of their right to financial privacy.”
The text of the bill states that it seeks “To amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.”
The bill does three things:
1. Prohibits the Fed from issuing a CBDC directly to anyone.
2. Bars the Fed from using a CBDC to implement monetary policy and control the economy.
3. Requires the Fed's CBDC projects to be transparent to Congress and the American people
— Tom Emmer (@GOPMajorityWhip) February 22, 2023
“Except as specifically authorized under this Act, a Federal reserve bank may not offer products or services directly to an individual, maintain an account on behalf of an individual, or issue a central bank digital currency directly to an individual,” section two of the bill reads.
Section three of the proposed bill looks to amend Section ten of the Federal Reserve Act by inserting the following paragraph before paragraph 12 in the Act: “Prohibition on the use of central bank digital currency for monetary policy. – The Board of Governors of the Federal Reserve System and the Federal Open Market Committee may not use any central bank digital currency to implement monetary policy.”
Section four directs the Board of Governors of the Federal Reserve System to consult with each Federal Reserve bank regarding any CBDC studies or pilot programs and to issue quarterly reports to Congress on any findings and determinations generated by such programs.
In a follow-up tweet, Emmmer said “Any digital version of the dollar must uphold our American values of privacy, individual sovereignty, and free market competitiveness. Anything less opens the door to the development of a dangerous surveillance tool.”
In the event that the bill is approved by both the House and the Senate and gets signed into law by President Joe Biden, the Federal Reserve Act would be amended to include the limitations on the Fed’s authority in regard to the digital dollar.
Blockchain Association wants crypto to fight regulators through Congress and the courts
Emmer concluded his post by saying, “America remains a technological leader not because we force innovations to adopt our values under regulatory duress, but because we allow technology that holds these values at their core to flourish.”
The Minnesota Representative is considered by many to be a friend of the crypto industry and he has repeatedly called for the government to scale back regulation in order to promote innovation in the industry. In December, he tweeted that Securities and Exchange Commission chair Gary Gensler “must testify before Congress and answer questions about the cost of his regulatory failures.”
Emmer previously introduced a similar bill in January 2022 – when Republicans held a minority in the House – and warned that having the Fed require users to open accounts to access the benefits of a digital dollar would put the central bank “on an insidious path akin to China’s digital authoritarianism.”
There are 11 market sectors. Financials is just one, AND is one which is a main contributor to the success of all, and touches all the others. I hold that the (Fed) Federal Reserve System is NOT a branch of the United States government. It is private serving the banking sector. The Fed is not a Department or Bureau. It is NOT among the Executive Branch, the Legislative Branch nor the Judicial Branch; whose powers are vested by the U.S. Constitution in the Congress, the President, and the Federal courts, respectively.
At its core, the Federal Reserve has two main jobs: keeping inflation low and making sure maximum number of people are employed in America. This is known as the Fed's "dual mandate." Many people think that the Fed controls all interest rates. The ONLY interest rates the Federal Reserve controls is the “federal funds rate”. This is the rate at which banks and credit unions lend to each other on an overnight basis.
Throughout the U.S. government there is, and has been, enormous “mission creep”.
Why is this a call to action? The electorate, the constituency of those in the Legislative Branch (senate and Congress) ought to be informed in no uncertain terms what is acceptable to all whom they are sworn to. Directly communicate to them. Use every available tool(s) at our disposal to do so.
As for me, I have already and will continue to OODA Loop it to all in the Legislative Branch… observe, orient, decide, act and repeat, again and again as necessary. My personal Gadsen and Culpepper partisan flags are up! I will do the right and let the consequences follow. My proverbial Washington’s Cruiser Pine flag is raised in my state of mind as well.
Here is one from Thomas Jefferson, POTUS #3, an excerpt from a letter sent to James Madison in 1787: "What country can preserve its liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance.”
I spent many years banging my head against the wall and saying "how can these people be so stupid/incompetent?".
The head-banging stopped when I accepted the fact that the people behind this are not incompetent at all. The "chaos" that has become common is all according to their plan. Klaus and the WEF participants are pleased!
There are many facets to the plan. Here are but a few:
If you are not familiar with ex-KGB agent Yuri Bezmenov, it is worth your time to see what he exposed approx 40 years ago. Few listened. It also goes a long way to explain how academia was captured.
Be reminded that true Capitalism is Marxism's worst fear. A successful and growing middle class removes the possibility of revolution. Viva la revolución!! - as the "trained" marxists like to say. Violent revolution is an essential element for the faithful Marxist.
Marxism is a methodology that is a means to an end - absolute power. It enables psychopaths (would-be monarchs, tyrants, dictators, etc) to exploit useful idiots and/or other sociopaths to completely destroy the existing culture presently in control of current and future resources.
It is easier and more "pure" for them to destroy the system and impose what they envision, than to modify and preserve. Hence the overwhelming of existing systems -- law enforcement, welfare support, education institutions, healthcare, etc.
Any system that is stabilizing the targeted culture should be attacked. Resistance to their wisdom will not be tolerated. Death by a thousand cuts.
When you begin to use this overarching view to lift the veil, you see it everywhere.
The Davos crowd will use this conflict to get the non-elites to embrace global governance. Resulting in a global plantation. A great life for the over-seerers and affirmation of their superiority. Not so good for the unworthy.
Banking cartels and facism also have non-trivial roles to play, but is another discussion.
Another very interesting article, informative, short, concise and "right on the money". A situation happening right in front of our eyes that you guys have been warning about for some time. Thank you.
Central Planning is bad enough by itself. Then our big, beautiful government appoints clueless apparatchiks like Janet Yellen. Listening to this exchange between Yellen and Senator Lankford is downright terrifying.
We, as a nation, are in chaos. Caused by guess who. The people who do nothing, say nothing create nothing, but think they have the answer for everything. I look out my front door and it is the same every place I see. Chaos creates mayhem and mayhem creates bodies. Where will I hide? The answer is not to be found! Just sayin'
Bill, Doesn't all this just follow their Grand Plan to destroy the working class and steal everything of value. I think there isn't anything to figure out anymore.You are right,2 classes,the deciders and the un-deciders.In the eleventh hour,maybe the undeciders become the deciders.
To our "government", our "leaders", our "elite" and the Left in general:
So how do I stop the cart and get off this ride?
What if I want to just "opt-out" of the game that has become so very rigged, just in the subjectively "short" span of time that I have been an adult?
Live and let Live - ok, so y'all go do your thing. I just want out and then to be left alone, and I, in turn, will leave you alone. Why can you not agree to such generous, equitable terms?
I'm willing to fend for me and mine, even from within your fraudulent system when a situation arises where it is absolutely necessary and no alternatives exist. Meanwhile, keep your evil hands off my family, money and abilities and we can continue the charade of playing nice together.
Unfortunately, I realize that by your very Nature you can't and won't leave the actual normal, productive people out of your inevitable National and Cultural suicide. Yet you will never see this Reality for what it is, and that will be your undoing.
Due to your hubris and stupidity this is NOT going to end well for either of us...
Joel’s Note: Speaking of lifeboats, gold seems to be holding up rather well as skittish passengers look anxiously for the egress, Titanic-style.
No need to man the lifeboats here on the BPR cruise line. Our ship has it own name.
It’s “MaxSafMoAu” — maximum safety mode gold with a Nuclear Ship – NS preface
In closing, as sailors are apt to say, “fair winds and calm seas” all ye buccaneers 🏴☠️
In tumultuous times as we are experiencing currently, I choose to take a look in the review mirror. To allow myself a moment of reflection to draw upon the wisdom of those who have preceded me along the same or similar road being taken. Maybe something useful will come up. I do not recall the source of this quote, “If you are not winning, you are learning.
Barron Nathan Rothschild, a 19th-century British financier and member of the Rothschild banking family, is credited with saying that "the time to buy is when there's blood in the streets."
Whether or not Rothschild actually uttered the famous line, it reveals an important truth about betting against market psychology. The Oracle of Omaha has some gems also:
• “Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”
• “The best thing that happens to us is when a “great company” gets into “temporary trouble”. We want to buy them when they’re on the operating table.”
Stand for something or fall for anything. Call to action. CBDC Anti-Surveillance State Act
https://emmer.house.gov/2023/2/emmer-leads-effort-to-squash-financial-surveillance-state-initiatives
This is not political, it is policy oriented. Sound policy. Constitutionally oriented.
====Begin Clip====
'CBDC Anti-Surveillance State Act' introduced in an effort to limit the Fed's authority over a digital dollar
Jordan Finneseth
Wednesday February 22, 2023 14:23
(Kitco News) - Tom Emmer, a member of the U.S. House of Representatives from the state of Minnesota and Republican Majority Whip, has introduced a new piece of legislation that could prevent the Federal Reserve from directly issuing a central bank digital currency (CBDC).
Emmer announced the new legislation via Twitter on Wednesday, posting a screenshot of the bill entitled ‘CBDC Anti-Surveillance State Act’, which was crafted “to halt efforts of unelected bureaucrats in Washington, DC from stripping Americans of their right to financial privacy.”
The text of the bill states that it seeks “To amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.”
The bill does three things:
1. Prohibits the Fed from issuing a CBDC directly to anyone.
2. Bars the Fed from using a CBDC to implement monetary policy and control the economy.
3. Requires the Fed's CBDC projects to be transparent to Congress and the American people
— Tom Emmer (@GOPMajorityWhip) February 22, 2023
“Except as specifically authorized under this Act, a Federal reserve bank may not offer products or services directly to an individual, maintain an account on behalf of an individual, or issue a central bank digital currency directly to an individual,” section two of the bill reads.
Section three of the proposed bill looks to amend Section ten of the Federal Reserve Act by inserting the following paragraph before paragraph 12 in the Act: “Prohibition on the use of central bank digital currency for monetary policy. – The Board of Governors of the Federal Reserve System and the Federal Open Market Committee may not use any central bank digital currency to implement monetary policy.”
Section four directs the Board of Governors of the Federal Reserve System to consult with each Federal Reserve bank regarding any CBDC studies or pilot programs and to issue quarterly reports to Congress on any findings and determinations generated by such programs.
In a follow-up tweet, Emmmer said “Any digital version of the dollar must uphold our American values of privacy, individual sovereignty, and free market competitiveness. Anything less opens the door to the development of a dangerous surveillance tool.”
In the event that the bill is approved by both the House and the Senate and gets signed into law by President Joe Biden, the Federal Reserve Act would be amended to include the limitations on the Fed’s authority in regard to the digital dollar.
Blockchain Association wants crypto to fight regulators through Congress and the courts
Emmer concluded his post by saying, “America remains a technological leader not because we force innovations to adopt our values under regulatory duress, but because we allow technology that holds these values at their core to flourish.”
The Minnesota Representative is considered by many to be a friend of the crypto industry and he has repeatedly called for the government to scale back regulation in order to promote innovation in the industry. In December, he tweeted that Securities and Exchange Commission chair Gary Gensler “must testify before Congress and answer questions about the cost of his regulatory failures.”
Emmer previously introduced a similar bill in January 2022 – when Republicans held a minority in the House – and warned that having the Fed require users to open accounts to access the benefits of a digital dollar would put the central bank “on an insidious path akin to China’s digital authoritarianism.”
By Jordan Finneseth
For Kitco News jfinneseth@kitco.com www.kitco.com
====End Clip====
There are 11 market sectors. Financials is just one, AND is one which is a main contributor to the success of all, and touches all the others. I hold that the (Fed) Federal Reserve System is NOT a branch of the United States government. It is private serving the banking sector. The Fed is not a Department or Bureau. It is NOT among the Executive Branch, the Legislative Branch nor the Judicial Branch; whose powers are vested by the U.S. Constitution in the Congress, the President, and the Federal courts, respectively.
At its core, the Federal Reserve has two main jobs: keeping inflation low and making sure maximum number of people are employed in America. This is known as the Fed's "dual mandate." Many people think that the Fed controls all interest rates. The ONLY interest rates the Federal Reserve controls is the “federal funds rate”. This is the rate at which banks and credit unions lend to each other on an overnight basis.
Throughout the U.S. government there is, and has been, enormous “mission creep”.
Why is this a call to action? The electorate, the constituency of those in the Legislative Branch (senate and Congress) ought to be informed in no uncertain terms what is acceptable to all whom they are sworn to. Directly communicate to them. Use every available tool(s) at our disposal to do so.
As for me, I have already and will continue to OODA Loop it to all in the Legislative Branch… observe, orient, decide, act and repeat, again and again as necessary. My personal Gadsen and Culpepper partisan flags are up! I will do the right and let the consequences follow. My proverbial Washington’s Cruiser Pine flag is raised in my state of mind as well.
Here is one from Thomas Jefferson, POTUS #3, an excerpt from a letter sent to James Madison in 1787: "What country can preserve its liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance.”
I spent many years banging my head against the wall and saying "how can these people be so stupid/incompetent?".
The head-banging stopped when I accepted the fact that the people behind this are not incompetent at all. The "chaos" that has become common is all according to their plan. Klaus and the WEF participants are pleased!
There are many facets to the plan. Here are but a few:
If you are not familiar with ex-KGB agent Yuri Bezmenov, it is worth your time to see what he exposed approx 40 years ago. Few listened. It also goes a long way to explain how academia was captured.
Be reminded that true Capitalism is Marxism's worst fear. A successful and growing middle class removes the possibility of revolution. Viva la revolución!! - as the "trained" marxists like to say. Violent revolution is an essential element for the faithful Marxist.
Marxism is a methodology that is a means to an end - absolute power. It enables psychopaths (would-be monarchs, tyrants, dictators, etc) to exploit useful idiots and/or other sociopaths to completely destroy the existing culture presently in control of current and future resources.
It is easier and more "pure" for them to destroy the system and impose what they envision, than to modify and preserve. Hence the overwhelming of existing systems -- law enforcement, welfare support, education institutions, healthcare, etc.
Any system that is stabilizing the targeted culture should be attacked. Resistance to their wisdom will not be tolerated. Death by a thousand cuts.
When you begin to use this overarching view to lift the veil, you see it everywhere.
The Davos crowd will use this conflict to get the non-elites to embrace global governance. Resulting in a global plantation. A great life for the over-seerers and affirmation of their superiority. Not so good for the unworthy.
Banking cartels and facism also have non-trivial roles to play, but is another discussion.
Another very interesting article, informative, short, concise and "right on the money". A situation happening right in front of our eyes that you guys have been warning about for some time. Thank you.
Central Planning is bad enough by itself. Then our big, beautiful government appoints clueless apparatchiks like Janet Yellen. Listening to this exchange between Yellen and Senator Lankford is downright terrifying.
https://twitter.com/i/status/1636675744767291393
In case you haven't figured it yet, we're completely FUC$ED :-)
We, as a nation, are in chaos. Caused by guess who. The people who do nothing, say nothing create nothing, but think they have the answer for everything. I look out my front door and it is the same every place I see. Chaos creates mayhem and mayhem creates bodies. Where will I hide? The answer is not to be found! Just sayin'
Love the cup & handle formation breakout in XAUGBP, happy to have been accumulating last summer.
Bill, Doesn't all this just follow their Grand Plan to destroy the working class and steal everything of value. I think there isn't anything to figure out anymore.You are right,2 classes,the deciders and the un-deciders.In the eleventh hour,maybe the undeciders become the deciders.
I had lost your contact Glad to find it again. love the sarcastic but realist approach!