Category: News Items

Meet Donald Zuckerberg – Facebook Founder Builds ‘Oppressive’ Wall Around $100 Million Hawaii Property

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Just in case you’re still wondering why the world’s so-called “elites” are losing credibility and respect faster than Mario Draghi can say “whatever it takes…”

New York Magazine reports:

In April, Facebook founder Mark Zuckerberg told a crowd of developers that he heard “fearful voices calling for building walls.” At the time it was widely assumed he was talking about Republican presidential candidate Donald Trump. But perhaps he was just hearing the voices echoing across his enormous Hawaiian estate?

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The Elites Have Lost the Right to Rule – Part 2

In the end, the elites will be overthrown and a power vacuum will form.  The transition period will be extremely difficult as the elites will fight their demise to the end.  For you see, they care nothing for you they care about their power and control.  Nevertheless, rulers have always only ruled by the will (or apathy) of the people and when the people become overly taxed and abused they always rebel.  The main thing to think about is what kind of society do we want to rebuild from the ashes.  I am of the view that it must be a return to the Constitution and an elimination of central banking power and secrecy.  Let’s not fall for a demagogue or be pushed into a war when things are at their worst.

– From my 2010 post: The Elites Have Lost The Right to Rule

While the Trump and Brexit movements are indisputably fascinating merely as public indictments against the greedy and criminal status quo, they are equally meaningful from another perspective.

The reaction from many in the media to both Trump and Brexit have betrayed their ulterior motives by exposing dangerous, antidemocratic biases. Now this has nothing to do with whether or not you are in favor of either Trump or Brexit. Personally, I think Trump is a very unwelcome reaction to the destructive trends going on around us. He’s extraordinary divisive (even amongst people who hate the establishment), has no regard for civil liberties, and displays obvious authoritarian tendencies. Despite this point of view, I don’t focus obsessively on all the negative aspects of Trump in my posts, because I acknowledge that Trump is a symptom of a much larger problem, not the root cause of it. Dealing with symptoms can keep things settled for a time, but the problem will invariably return in far worse form should the underlying causes remain unresolved. People are acting as if it can’t possibly get worse than Trump. Believe me, it can get a lot worse.

With that out of the way, let’s talk about root causes. Donald Trump and Brexit are direct responses to a horribly rigged, parasitic and phony global economy. I’ve been writing about this dangerous reality and warning about its unpleasant inevitable outcomes for over half a decade. It’s not just me of course. Countless people have been doing it, including self-aware individuals from the 0.01%. Recall Nick Hanaeur’s article which I highlighted in the 2014 post: The Pitchforks are Coming…– A Dire Warning from a Member of the 0.01%.

He warned:

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There’s No Place Called “TransNationalProfessionalistan”

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Under the relentless thrust of accelerating over-population and increasing over-organization, and by means of ever more effective methods of mind-manipulation, the democracies will change their nature; the quaint old forms—elections, parliaments, Supreme Courts and all the rest—will remain. The underlying substance will be a new kind of non-violent totalitarianism. All the traditional names, all the hallowed slogans will remain exactly what they were in the good old days. Democracy and freedom will be the theme of every broadcast and editorial—but Democracy and freedom in a strictly Pickwickian sense. Meanwhile the ruling oligarchy and its highly trained elite of soldiers, policemen, thought-manufacturers and mind-manipulators will quietly run the show as they see fit. 

– From the post: Brave New World Revisited…Key Excerpts and My Summary

Megan McArdle has penned an extraordinary article in the wake of the Brexit referendum. Her words represent the sort of deep, thoughtful reflection Remain-supporting pundits and journalists should be demonstrating at the moment, but clearly aren’t. Indeed, as tends to be the case with elites during moments of peak corruption and societal decay, their collective heads are too far up their own assess to see what’s right in front of them.

Unfortunately for them, these myriad mean-spirited temper tantrums will have precisely the opposite effect of their desired outcome. Their panicked rants will simply put their true colors on public display for all to see, further propelling the dreaded populists sentiments they wish to stifle. This will ultimately lead to a far more serious revolt against all things status quo.

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Don’t Count Out Donald Trump Yet

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To make things even worse, we often outright mock anyone who can’t keep up, or doesn’t fit in with the new order. We call them dumb. Idiots. Religious freaks. Rednecks. Thugs. Hoodlums. Ghetto trash. White trash.

The language we use to talk about those who have been left behind is rife with nasty attempts to turn them into lesser humans. We use the tactics of racism, and apply it to economic losers.

If you hate racism, then you really really really should hate any economic and social system that creates and rewards massive inequality. Because when you get that. You get racism.

And that is the system we have built and now have. That is the system that most everyone screaming about the dumb racists is part of, usually supports, and wins from.

– From the post: Thoughts on Brexit from Someone Who Spends Time in the “Forgotten Places”

In order to prevent people from mischaracterizing my point of view, I want to once again make something completely clear. I do not support Hillary Clinton or Donald Trump, and will not be voting for either in 2016. My intent had been to once again vote for Libertarian candidate Gary Johnson, but recent comments to Politico about how he would support the TPP have prompted me to pull back. I don’t know if there’s anyone I can vote for in November. Nevertheless, the purpose of this article is to provide some political analysis for those interested in that sort of thing.

Trump experienced a horrible period from mid-May to mid-June, which culminated in the dismissal of campaign manager Corey Lewandowski. Based on my Twitter feed, Trump is finished. I’ve been incessantly bombarded with articles highlighting an ever widening lead for Hillary Clinton nationally in the polls. So is Trump finished? Not by a long shot.

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Thoughts on Brexit from Someone Who Spends Time in the “Forgotten Places”

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The Brexit vote in itself proves the point. Sure, David Cameron has announced his intention to resign, but where are the the resignations of EU technocrats? If anyone was discredited by this vote it’s the leadership of the EU, but they aren’t going anywhere. Why? Because they’re experts, and experts stay around forever. Like Larry Summers, bank executives and neocon war mongers, these people never suffer the consequences of their actions and thus remain free to run around endlessly destroying the world from their unassailable perches of power.

That’s the point. Being an expert does not make you infallible. Your credentials should certainly offer you a seat at the policy making table, but from that moment on you had better demonstrate performance. It’s the same way with a corporate job. The resume gets you in the door, but your production day in and day out keeps you in the seat.

– From last week’s post: Brexit = Death of the Technocrats

As I noted in my Brexit article published Friday, there are so many different angles one could tackle when writing on this monumental event, it’s extremely challenging to choose just one.

Fortunately, there are various writers and thinkers out there willing to explore the less obvious implications and lessons from the Brexit vote. One of these is people is Chris Arnade and his recent article published at Medium is too good not to share.

Enjoy:

My first reaction last night, which I still fully stand behind, was this,

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Vinny Lingham Explains – Here’s How the 1% Buy Bitcoin

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Vinny Lingham’s latest post published at Medium, is yet another must read for anyone interested in the Bitcoin price.

Enjoy:

Given that the Brexit is still fresh in our minds — the big question of “how will the global financial elite diversify their assets” is one that every money manager and their clients are discussing this weekend. Great timing for a Bitcoin post!

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I sent a tweet out earlier this morning (followed by a tweet storm!) and there was a lot of activity around it and I felt compelled to explain it in more detail. 

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Brexit = Death of the Technocrats

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My political opinions lean more and more to Anarchy (philosophically understood, meaning abolition of control not whiskered men with bombs) … the most improper job of any man, even saints (who at any rate were at least unwilling to take it on), is bossing other men. Not one in a million is fit for it, and least of all those who seek the opportunity.

– J. R. R. Tolkien

What transpired last night in the United Kingdom represented one of the most extraordinary expressions of democracy in my lifetime. When faced with an event of such monumental significance, it’s difficult to pick any particular direction for a post like this. I have so many thoughts running through my mind and so many angles I could potentially address, it’s simply impossible to do them all justice. As such, I’ve decided to focus on one very meaningful implication of Brexit: death of the technocrats.

To start, I want to dive into one of the more interesting controversies from the weeks leading up to the vote. What I’m referring to is the statement made by Vote Leave’s Michael Grove regarding “experts.”

From the Telegraph:

On Friday night, during an interview on Sky News about the EU, Faisal Islam challenged the Justice Secretary to name a single independent economic authority that thought Brexit was a good idea. Mr Gove’s response was defiant.

“I’m glad these organizations aren’t on my side,” he said. “I think people in this country have had enough of experts.”

Mr Islam spluttered incredulously. People in this country, he repeated, “have had enough of experts?”

Mr Gove stood his ground. Yes, he said, people in this country had had enough of experts “saying that they know what is best”. Mr Gove had “faith in the British people”. The so-called experts, clearly, did not.

For his words, Mr. Gove was attacked relentlessly. His language was described as dangerous, and he was scolded for its supposed anti-intellectualism. The “very smart people” issuing these condemnations did so in their typical self-satisfied, smug manner. Nonetheless, Michael Gove was absolutely correct in his assessment, and in this post I will detail precisely why.

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If the Public Shouldn’t Have Them, Why Does the IRS Need AR-15s?

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Here we go again. Stuck in the aftermath of a horrific shooting and all politicians think to do is scheme about how to take more rights from the citizenry. There are no good guys here. The Democrats want to railroad over due process by denying firearms to people on Orwellian watch lists, while Republicans plot to give the FBI more warrantless surveillance powers. This is the authoritarian knee-jerk response to tragedy we get from the U.S Congress.

Hypocritically, when it comes to foreign policy, all we hear are incessant calls for more militarism, more war and more regime change. As I warned in yesterday’s post, Is the Syrian War About to Experience a Major Escalation?  51 State Department officials just issued a cable calling for the bombing of Syria’s Bashar al-Assad. An event likely to lead to direct confrontation with Russia.

While all of that is bad enough, the U.S. government continues to eagerly and aggressively arm non-defense federal employees with weapons of war.

As Adam Andrzejewski of Open the Books and former U.S. Senator Tom Coburn noted in a recent Wall Street Journal op-ed:

The number of non-Defense Department federal officers authorized to make arrests and carry firearms (200,000) now exceeds the number of U.S. Marines (182,000).

For more, let’s take a look at a few excerpts from their piece, Why Does the IRS Need Guns?

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More Troubling Evidence That Hillary Clinton Will Start WW3

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Yesterday, I published a post warning readers about the increasingly dangerous situation on the ground in Syria, and detailed why a Hillary Clinton presidency will quickly usher in World War 3. Here it is in case you missed it: Is the Syrian War About to Experience a Major Escalation?

Meanwhile, the always excellent Glenn Greenwald published a piece at the Intercept which further proves the point. What follows are a few disturbing excerpts from his article, Hillary Clinton’s Likely Pentagon Chief Already Advocating for More Bombing and Intervention:

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Meet the Senators Who Earlier Today Voted to Destroy Your Civil Liberties

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Yesterday, I published a post warning about an amendment to be put up for a vote in the U.S. Senate that would severely harm the civil liberties of American citizens. I was very disappointed to see an unusually low amount of reads on that particular post, which came in well below average despite being such an important issue.

Well it turns out John McCain’s amendment 4787 came up for a vote earlier today, and it was stopped by one vote. Yes, by one vote.

So what’s at stake? Let’s review an excerpt from yesterday’s post, Republican Senators Use Orlando Shooting to Push for Increased Government Spying Powers:

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