The Golden Missile

Back in 2008 or so when I started this blog, the financial world was a mess. The banking system as we knew it should have been destroyed back then. I followed the money right here and discovered that the Federal Reserve made loans of 16 trillion worldwide with non existent money that was nothing more tangible than electronic zeroes. President Obama gave all of those banking criminals a pass. With a wink and a nudge, every one kicked the can.

I simply could not commit money to equity markets under those circumstances.

I am ashamed to say that I missed the entire bull market move from Mar '09 to Mar. 2020. I missed a couple of very obvious things and mostly just dabbled in mining stocks during those 11 years. I managed to break about even having taken a significant 5 figure loss on a South Dakota gold mine.

So mostly I've just bought some gold, platinum, and silver and watched it languish for 11 years while the paper investors I knew laughed at me.

Three very significant things happened this year. I've got a friend, Pat, who reads this blog and who trades quite a bit. Pat frequently texts me his crazy ideas and I look them up. Some are crazy and some are very good. One of his texts made me a cool 6 grand for which I owe him a meat and cheese tray this Christmas. So Pat renewed my interest in trading just before the corona virus crash. I made a fair amount on the short side but got beat up as Trump and the Federal Reserve started announcing trillion dollar bailouts and trying to jaw jack markets higher.

The second significant thing was that after 11 years of huge gains- my state retirement fund authorized a 3% cost of living raise. This shocked me. For 10 years our state system has been giving us some nominal 1% cost of living adjustment. The last time our state handed out a significant payout (a 13th month full check no less!) the market crashed within months. Our state retirement system is the quintessential market timing mechanism. When they doled out a 3% cost of living payout this year- I knew the bull market was over. It's like the shoe shine guy giving you stock tips- at that moment you know that every dollar in America is invested. That's my state retirement system. When they finally feel so guilty that they give you 3% instead of the nominal 1%- it's time to get out of equity markets.

So as the markets crashed in March with the impending corona virus shutdown- I was positioning myself in the mayday markets- gold, silver, and mining stocks which were going up.

Then the 3rd significant thing happened. An old friend called me  out of the blue after 5 years and started asking for investment advice. This is a guy who listens, applies what he likes, and will actually invest significant money.

So I told him that the set up has never been better. Ever. The world is awash in make believe money, with literally trillions upon trillions of debt being added which will never be repaid. Mining costs have never been lower. Gas and oil are dirt cheap. There is a worldwide shortage of gold. The world needs safe havens and safe currencies. It has neither.

I think after all of these years, it's time. When Bank of America calls for 3000 dollar gold, I sit up and take notice.

So a few ideas if ya wanna climb aboard the golden missile. I've screened these for best projections and the least risk. You still have to do your own due diligence.

Since the lows of March- my favorite two gold miners have made over 100%. They are still trading at sub 20 p/e's with no debt, huge cash, and they are acting quite strong even when gold is down a little.

Kirkland Lake Gold (KL) Still think it has huge upside. Currently around 42. No debt, increasing production, new drilling identified excellent new targets. I have a few hundred shares.

B2Gold (BTG) Three main properties, all excellent gold producers. Only knock on this company is the huge float. My biggest position.

Newmont (NEM) Hitting on all cylinders. Not currently invested here.

Kinross (KGC) Remade old company also hitting on all cylinders and making new highs.

Irving Resources (IRVRF) is my favorite junior. Not mining but they have a identified a lot of gold. Trading sideways but could become a prime takeout target.

I use a few ETF's. GOAU has doubled. NUGT, JNUG, GDX. I do use some etfs to short the sector but currently not employing any of those tactics.

Best of luck out there. Maybe it's finally time for us.

USA Completely Botches the Corona Virus Reponse

In a moment I'd like to mention the importance of latex or nitrile gloves.

I would like to give you a little background on today's post. I think you'll find that my training and experience qualify me in a few areas to talk about the completely botched corona virus response by the United States Government and perhaps more importantly, the airline industry. This is a response that has been planned for 3 decades for potential bird flu mutations- so what actually happened is a little shocking. Please bear in mind that all pandemic responses boil down to local governance.

I spent most of my work history in some sort of command structure in a small city police department. A lot of that training included running a command post and yearly incident command schools for various maladies and tragedies, swine flu, bird flu, airplane crashes. These table top discussions and live fire drills were often put on by FEMA with their littany of acronyms. I had additional training through the state for 20 of my 24 years in law enforcement. I also spent several years on the local ambulance service where I gained a healthy respect for the duties performed by EMT's, paramedics, nurses and doctors back in the early days of AIDS. In short I understand a command and control structure and response. We used to drill this regularly in staged incidents although we had a few real incidents- most of them involving property damage caused by floods and fires with no associated loss of life. 

Let's review the normalcy bias. 

Normalcy bias, or normality bias, is a tendency for people to believe that things will always function the way they normally have functioned and therefore to underestimate both the likelihood of a disaster and its possible effects.

People do not like change. They don't want to believe that any event could substantially disrupt their lives. Unfortunately most people have been subjected to scares and panics before- so in addition to the normalcy bias which helps cause inaction, we have an aged cynical group of people who have heard the cry of "wolf" one too many times. So that's the ruling demographic here- a bunch of somewhat cynical people with a normalcy bias.

It was that belief system which I believe has completely botched the US response to the corona virus.

The first known case of CV occurred on Dec. 1 in China. China being China meant that they didn't report too much publicly. Some say they covered it up.  https://www.theepochtimes.com/national-security-adviser-china-covered-up-outbreak-of-new-coronavirus_3268168.html By the time I started paying attention to CV it was late January.

There are only two ways for the CV to get to the United States. By ship or airplane. There is no other realistic way.

Thus we needed a coordinated response. We needed a response between airlines, cruise lines, the government, the CDC, and epidemiologists. We didn't get that. People were released without quarantine from ships and airplanes. There was no testing initially. More importantly, airlines refused to give the government information regarding passengers, phone numbers, addresses, and email. Cruise lines were only a little better.

That's where it went bad. The virus isn't going to wait for test kits. It's not going to wait for all of those stakeholders to agree on a response. It's going to walk off ships and planes. Now even if you didn't have a proper test available- you could still quarantine people until you did. Other countries had tests- why not us? Aren't we supposed to be this great nation? Couldn't we locate these people, interview them for the people they contacted, the places they'd been? South Korea did and they are looking pretty well contained right now.

So it's here. Your leaders failed, your corporations failed, the CDC and Public Health agencies failed. If they had gotten out in front of this- I believe the numbers would prove out with far less fatalities, hospitalizations, and drains on our health care systems and economy as a whole.

So now all they can do is watch these numbers soar exponentially and try to mitigate this. That's their plan. President Trump dropped the ball in his public address Wednesday night and markets reeled limit down. Why? He had no credible response for slowing this down. He knew that ship had sailed. And today on ZeroHedge is a picture of Trump next to a man who tested positive for CV. Trump said he is not worried.

Of course he said that. He hasn't cared about this since the beginning. The only coordinated response he has had was talking the FED into cutting rates and throwing a few trillion at the repo markets and trying to slow down the great sell off in world equity and bond markets. What wealthy politicians care about is appearances, material wealth, and getting re-elected. Calm people down. Normalcy bias.

A few weeks ago on my facebook page- I asked people if they were doing anything to prepare for the CV. I had a few responses, most if not all minimizing CV, comparing it to the flu. I on the other hand had done a little prepping including buying a new freezer and stocking up on food. I have enough to last 3 months. I am looking at the big picture and trying to find ways to mitigate exposure because lord knows- if we had to rely on government we'd all be dead.

Which brings me to latex gloves. If I gave you a choice between face masks and rubber gloves- which would you choose?

Unfortunately there are many portals from which the virus can enter your body- but the easiest way is on your hands. CV carriers leave the virus on money, on counter tops, on buffet utensils, on bar tops and glasses, on elevator buttons, door knobs, handrails, and gas pumps.

Social distancing beyond 6 feet would probably work far better than any face mask but the real method of transmission I am worried about is getting the virus on my hands and touching my face, eyes, or mouth, and rubbing it in. With gloves on- the virus is prevented from getting on my hands and when I come home from an outing- I simply pull the gloves off and then wash my hands. If I inadvertently touch my face after that, I'll be ok.

In a responsible sense, we need to take steps to prevent transmitting this to others. I was shocked when I heard that Rudy Gobert of the Utah Jazz was diagnosed with CV and during a press event- he purposefully touched every networks microphone. I suppose that's the under developed frontal lobe of a 27 year old basketball player. Last night, a man tested positive for CV prior to boarding a JetBlue flight and boarded the plane anyway- disrupting the lives of 100's and potentially infecting them. I noted that today the story changed to say that the man did not get the test results until after he boarded the plane. Whether that's the truth, or some self centered asshole who knew before he boarded- that's what you are up against.

Normalcy bias, complacency, and a self centered public that wants what it wants. These folks are out there.

My wife and I just returned from Las Vegas to find out that a woman from New York had CV and was staying at the Mirage across from our hotel on the strip. Although Las Vegas had no reported cases at the time- I feel a little foolish because I know better. I've seen the poor performance of government first hand and Las Vegas hasn't uttered a peep although millions of tourists from around the globe fly there. They wanted to keep the cloak of plausible deniability intact. (We didn't know the CV was here!)

I am going to socially distance myself and spend time at home. Thankfully I am retired with an income stream. Down below you'l find an excellent, must read link that goes into great detail about the CV. Please take care of yourselves.

https://medium.com/@tomaspueyo/coronavirus-act-today-or-people-will-die-f4d3d9cd99ca

Obama Created the Trump Presidency

For the life of me, the left simply cannot understand why millions of us support Trump. Prepare yourself for a gut punch here and know this- I can take any shitty comments you might have. There is space below and I'll let you have your say without using the delete button.

In 2010, President Obama destroyed my financial ability to obtain health insurance. In my case, I was retired with a pension just above the 400% required of what was a ridiculously low (and arbitrarily assigned) poverty level.

Obama did this with lies such as the "price of insurance would go down" and "if you liked your doctor you could keep your doctor." In fact, my doctor fired me within months of the enactment of Obamacare because I paid cash. Sent me a letter. Why keep a cash payer around when you can provide healthcare to a large swath of new Obamacare patients/recipients with deep insurance pockets?

To add insult to injury, we were penalized for not having insurance while deadbeats received insurance for free. I remember hauling a guy around in my car for Uber who told me me he signed up for Obamacare gold, had his knee replaced (a 30+ thousand dollar op) and received free physical therapy- and then dropped his insurance once the operation was complete. He had paid 5 months of premiums.

Our last hope was that the Supreme Court would rule against this unlawful seizure of our property but they did not. I remember Obama virtually threatening the court and I was shocked when Justice Stevens ruled against us and broke the tie. They called it a tax. They have taxing "authority."

By the time 2016 rolled around- we had a whole section of this country who hated democrats, Obama, and his minions. On a personal level- aside from being lied to- I believe Obama has cost me in the neighborhood of 40,000 dollars in medical costs, penalties, and I still have to shop all of my maladies around while paying cash. Including prescription costs and dental care.

That all might be bad enough but Obama presented another hurdle- he was black. Being black in America right now means that no white person can criticize anything a black person does. However, minorities can call white people bigots and racists and act like victims with no repercussion. It's a one way street where every white person in America must remain silent or be labeled and ridiculed by these folks. That's been the evolution of our insane culture where you simply cannot criticize any minority for their piss poor performance or their lies.

That's why we can never speak of the 71% of black kids without fathers. We just let them shoot and kill each other in Chicago and New Orleans, Baltimore, and Detroit because letting these kids kill each other is far easier than opening a dialogue which might include discussing what is wrong with the black culture that they find this acceptable behavior. Heaven forbid, we might offend them.

That's why America is pissed off. That's how Donald Trump got elected. If they can't figure that out- I can't help them.

Nobody cares about Russian interference, cheating on your wife, phone calls to the Ukraine, or even Chinese tariffs. I'm not sure any of that garbage matters. It's noise.

I care about accessible healthcare- not subsidizing health insurers who donate to presidential campaigns. I care about our diplomats getting killed while the people in charge do nothing weeks before the election. I am sick of criminals like Bill and Hillary running free and flying on a pedophile's plane.

Apparently none of that shit concerns my leftist friends. So we aren't friends. That's divisive and in the jargon of the left- I have set my boundaries.

There is not a chance in hell that I will vote for a gay male President with a male wife or husband or whatever they call one another. I don't care if he cured cancer or negotiated a middle east cease fire. I will not cast a ballot for a communist candidate who has never held a private sector job in his life and has gotten rich skimming campaign contributions.

And I don't give two shits if you think I'm narrow minded, homophobic, intolerant, or a bigot.

So there ya have it. The unvarnished truth. Donald Trump is the lesser of all those evils. I am not going to be "tolerant" or buy into any of that statist rhetoric of those enlightened leftists driving Priuses', thinking they are saving the planet while talking drivel into the latest Apple phone. This is where I draw the line. The election this year is going to be one of the most fantastic shit shows I have ever witnessed especially if the statists nominate Bernie. I can hardly wait and if you want to know what started all of this divisiveness and animosity in our country- go ask Barack Obama.

He created a giant swath of voters who were duped, lied to, and remain angry. The "affordable care act" they called it. You don't like President Trump Mr. Obama? Well guess what- you and your party's shitty nominee last election cycle- created President Trump. It's about time you and your minions stand tall and take responsibility for that instead of whining like little children about Trump supporters and wondering how we could be so "stupid" for supporting him. This given that the best alternative your party could come up with was a snotty, arrogant, and yet to be convicted criminal.

It's really not that hard to figure out.

The Last Patrol

I met BS "Pat" Pidgeon in the spring of '83. I remember him best on the day a local commuter plane crashed on the state highway in our county near the airport and cartwheeled down the northbound ditch adjacent to the road. There were 14 souls aboard and we spent some time locating and digging them out of the deep snow that day. We were there for hours protecting the scene and waiting for NTSB. Later on that afternoon,  I saw Pidgeon on the east/passenger side of his patrol car.  He had a pair of binoculars and he was looking at the mountains to the west.

Days later, I asked him what he was looking at. He told me wasn't looking at anything. He said he had to take a piss and so he pulled the binoculars out so that people would think he was looking at something else, glance that direction, and wouldn't notice he was taking a piss.

In that moment he had won me over. I picked him to be my role model cop. I was 22 years old, stupid, cocky, and I have no earthly idea of what he ever saw in me. We became friends although some 25 years separated us. I loved to ride with Pat. We'd drive around the county, take an occasional call, and inevitably Pat would pull some crazy shit that would leave me with my mouth wide open.

A lot of what happened back in those days was marginally acceptable and tolerated. Justice was delivered a little differently back then.

One thing I learned early on was that you didn't point your finger at Pat. We had taken an early morning 911 call in a subdivision out in the woods. It was covered in deep snow. It was a domestic kind of call and the male part of the battle was a little agitated and kind of aggressive. The girlfriend was still in the cabin and we were standing in a driveway about 100 feet from the house. Pat wasn't the kind of guy you tried to intimidate and this guy kept raising his voice and yelling at Pat. Pat was yelling back. Then it happened. The guy, holding his car keys, pointed his finger right in Pat's face. Pat immediately grabbed him by the wrist, stripped the car keys out of his hand, and launched the whole set of keys into the deep snow about 50 yards away. The guy, needing his keys to drive away and go to work, immediately went searching for them and Pat left me to guard him while he checked on his girlfriend. It had only been a verbal argument and when we left- the guy was still trying to find his keys.

Pat wouldn't write a traffic ticket to save his life. He hated traffic tickets. We would do traffic accidents all the time and Pat might note on the report who was at fault- but he'd never write a ticket. He prided himself on having the same ticket book he had been issued 7 years earlier. 

I think Pat hated tickets because he was the most notorious speeder in the region. Other departments  were constantly stopping him and letting him go. Officers let him go- not just because he was a good cop but because he was fearless. He'd get right in the middle of any fight. When I needed help, I always breathed a sigh of relief when Pidgeon arrived. I know the other cops felt the same way. In our little rural corner of the world, I always thought those 55 MPH speed limits were too restrictive anyway. Man, I used to get stopped a lot. No tickets. That just pissed off my ex. She was the kind of gal who got a ticket every time she got stopped and you can guess why. If there is a speeding hell for cops, I will be looking forward to seeing my friend Pat when I get there.

I could write about so many things. Every day was an adventure with Pat. Once when the loudest burglar alarm in the world was shrieking and the jewelry store owner was taking her time getting to the store, Pat's solution was to rip the whole alarm off the wall. A couple hours later the Sheriff called us in, got our stories, and made Pat pay for the alarm.

Or the time Pat shot a hole in his ceiling with his .45 and declared that was where he was going to put the stovepipe for his wood burning stove. Or the time he shot some dog that had jumped through his screen door inside his house searching for Pat's dog who was in heat. Insane stories, very funny stuff. That was vintage Pidgeon.

Pat loved his wife and daughters. I think all that estrogen gave him patience. He would always talk about his wife and daughters and even when they upset him- you always knew he loved them. Pat was grateful for his family and all of his blessings. He viewed retirement checks like manna from heaven. Pat retired many years ago and moved to a little town. He loved to hunt and fish- Pat was an excellent shot and a firearms instructor.

Pat's wife Barbara encouraged me to visit Pat when one of his best friends died. I did, but not enough. That's the way it always seems to be. I always think I have more time.

In all of the years I knew Pat- I'll be damned if I ever hunted or fished with him. Until last year. We decided to go coyote hunting one day.

We loaded up our guns and drove for hours. All we did was talk. There was no speeding. We drove for miles and miles, found some obscure bodies of water, gazed at them. Talked about fishing and I chewed him out for giving his boat away. The guns never left the truck that day and truth is, the coyotes were pretty safe. We stopped at a country store, had lunch, and eventually returned home. This as it turned out, was going to be the last patrol for Pat and I.

Oh I stopped by his house a few times, the last time in October when I asked him to hold a few things for me while I moved back to Montana. That move fell through and instead, I found myself moving to the warm desert near St George, Utah. 

Pat died during the night at home, sometime after the Superbowl. He always seemed so healthy even for his age (80s) that I thought he'd be around a lot longer. His passing caught me by surprise and I've been trying to make sense of it ever since. That's the ridiculous part. We think we have some sense of control but we do not. We think we have time that we do not. We feel guilty for something we have no say in and cannot foresee. 

I am going to be grateful for the time I did have with Pat rather than feel sorry for the time I missed. I think Pat would have wanted it that way.

The Beatings Must Continue

I had a professor in college who always said, "It's going to get a lot worse before it gets better."

My father died thinking that the worst thing in the world were socialist democrats like FDR and Obama.

He was distracted into thinking that way, much the same way that our nation was led to believe Oswald killed Kennedy. That way you see, whether it's socialist democrats or crazed gunman, we all have a villain. Someone to pin all of our troubles on. In the meantime, the real bad guys escape responsibility and thus the plan works.

I used to believe that socialist/ democrat nonsense too until I realized the real culprit- the real source of all of our taxing problems, credit problems, government confiscation of real property via property tax- has been the Federal Reserve, it's member banks, and all of the tertiary banking entities that our monstrosity of a banking system has created.

And we have a 77,000 page tax code to prove just how insane it has become.

You know how I culled the real villains from this story? I figured it out when I discovered that FDR not only confiscated all of our gold- he made it illegal to own. What was government protecting us from? Was gold giving us cancer or birth defects? Why was gold outlawed? It's just a harmless metal not some drug that makes us crash cars and beat women. Gold was outlawed because we were on the gold standard in 1933 and the central bank had fucked our country up so badly in just a mere 16 years- from 1913 to 1929- that the only solution was to illegally confiscate, yes seize, gold- control it's quantity and revalue it. In that way, government could lie about how much we had. Once the gold standard was safely under government control we could print all of the paper we wanted and fund all of those stupid projects and put people back to work until WWII broke out.

I believe our fore fathers had the best intentions. They knew a central bank would destroy our country. Many of them spoke about it at great length and in all of those well intended systems- the checks and balances of the 3 branches of government, the electoral college, and the rights of states not to be subjugated by a federal government, the one thing our forefathers did not create was a central bank. They knew the dangers of that.

They knew a central bank would destroy us and it has. It has created a mountain of debt that will never be repaid. They are now taxing us to death trying to keep the final debt curtain call at bay and they must attempt to inflate all of those trillions away. And they distract us with Obamacare taxes, socialist rhetoric, and a plethora of things to hate and keep us distracted from the real culprit in our story- the Federal Reserve Bank and it's member banks complete with a currency they can create at will with crappy, low interest loans and keystrokes.

The greatest argument I ever had with my father centered on this issue. He believed that socialists and democrats, particularly FDR, ruined this country and while I agree to some extent, the Central Bank was on the scene long before FDR, fueling that disaster which has brought us everything from famine, unemployment, gold confiscation, taxes on virtually everything, and wars.

The facts are there. It is easy to find. All of these assholes we have running around and confiscating our wealth are the cause and effect of one entity. It ain't rocket science to do the detective work but very few do because they weren't taught that and they don't want to believe it- like my dad. 

So this whole tax situation we find ourselves in- it's going to get much worse. The government is going to continue to seize our wealth in greater amounts because there is no other way to keep our current system running without an epic implosion.

It's a shame my father never figured this out. 

Something Funny Happened On the Way to the Depression

In the beginning they were given two choices.

They took the easy way out. They always do. The politicians bailed out the banks, the bankers, and stole a cool trillion from the treasury which they used to make fractional loans.

They didn't avoid a depression- they simply postponed it.

Wall Street survived in some zombie fashion- inflating real estate and stock markets to astronomical levels. That is where we've been since the fall of '08 and the beginning of the Mar. '09 bull.

Every one has been playing along because there isn't much else you can do. Go to work, grind out a bunch of taxes for the government and take out ridiculously sized loans on property to maintain the banker's profit margins. The American dream. Or nightmare depending on who you ask.

This winter I spent six months touring the south. I traveled through Arizona, Texas, Louisiana, Arkansas, and Oklahoma. I spent time on the beach, ate at nice restaurants. What I didn't do- is look for one of these pathetic, miserable, crappy jobs with no benefits. I giggled every time I went to a restaurant or a bar and saw a "help wanted" sign. I can't tell you how many "help wanted" signs I've seen. Maybe 100 or so. I saw signs offering 11 bucks an hour- well over minimum wage- with no takers. Truck trailers with placards offering sign up bonuses. Outdoor billboards asking for help.

This has been going on for months.

I am part of the 100 million workers who dropped out. No more shitty jobs without benefits. No more immature, ego maniac bosses telling me what I can or can't do. You can have some measure of free speech just so long as you don't whore yourself out to some crappy job. The employer over reach in this country has never been worse. The government can't steal more from me. I don't have to meet deadlines, beg for time off, work overtime, or bite my tongue.

What all of this amounts to- is a strike. No union. No dues. Just 100 million people who have figured out a way to survive- and who know that taking one of these crappy jobs is simply not worth all of the headaches it generates. There is virtually no upside and 11 bucks ain't gonna make a difference.

The best part about the crash of '08- the unintended consequence- was that 100 million of us learned that we cannot depend on these jobs. We became self sufficient.

I'm sure you can still get a decent trailer house and a used car for 1100 a month. After taxes that should leave workers 300 a month for utilities, health care, gas, food, and maybe a t-shirt or two. The next step is labor camps- ya know the kind where you eat, work, and sleep on your employer's property.

Wages in this country have not really budged in 40 years. The talent pool is drying up and the people with any sort of know how aren't coming back.

When the Depression finally arrives- that day when debt levels go supernova and the dollar collapses- we can finally restructure our society. In the meantime, let's enjoy watching these bullshit artists try to repeal the laws of mathematics.

I can't even begin to imagine what will happen next- especially if the DNC nominates some communist like Bernie Sanders. This is the party that brought you Hillary Clinton.

We live in very interesting times.

The Second American Revolution

The America I once knew was mixed with equal parts of capitalism, greed, and some modicum of fair play. Laws were meant to be obeyed not rendered useless with creative arguments from lawyers.

In the intervening 50 years of my life- the political class crawled into bed with the rich and elite. A depraved oligarchy emerged. They are driven by power and greed and they can never be satiated. They are international bankers, Wall Street types mostly, and old men like Warren Buffet who use their power and influence to get what they want and find ways to get even more. They offer up little pledges to try to make us believe they are benevolent and charitable. It's just a facade. A little damage control to confuse the onlookers while they go about the business of exploiting and fleecing others. That's what they do.

In 2008, amidst my personal renaissance, I started this blog. There was a massive stock market sell off led by banks that year and near the end of that debt driven carnage- the politicians and the bankers did an act wholly illegal and unprecedented. The politicians simply stole a trillion or so from the American taxpayers and gave it to the banking cabal so that they could keep the whole sector from going broke and bankrupt- which is precisely how mal- investment ends. If you make a huge business mistake- you are supposed to go broke. That's how capitalism works. Open a business with a bad business plan, poor location, or offer a service people can do without- and the business fails. That's capitalism.

So the politicians literally stole one trillion dollars on behalf of the bankers- the Federal Reserve loaned out trillions by issuing electronic zeroes all over the world and the whole party started over again in March of 2009. The banking system should have died then. Rather, it was at that moment when Frankenstein Government was created. President Obama could have come in and prosecuted the whole cabal but unfortunately he had compromised himself by taking hundreds of millions of dollars from bankers for his campaign- so enforcing the rule of law was not going to happen. He had been bribed in advance. 

I don't think people realize yet what a watershed moment that was. 

Very often in our lives, things happen and at that moment, we don't understand the importance of what just transpired. Months or years later as we reflect, it suddenly becomes clear. One day, that moment in 2008 and the drip, drip drip, incremental seizure of every last piece of wealth in this country is going to result in a national moment of clarity and a second revolution.

I guarantee it. Taxicab Depressions wrote an excellent blog about the "Pig Trap." You condition animals to behave a certain way, slowly gain their trust, then trap and slaughter them. http://taxicabdepressions.com/?p=1193

That's what they've been doing to blue and white collar America since the 60's. Conditioning us. We fought the Revolutionary War over a 3% tax. It is relatively common now to pay 50% of our incomes for gas tax, property tax, sales tax, state and federal taxes. Taxes never go down. People don't bat an eye- in fact they will actually make excuses for why that level of taxation is necessary. The United States demands and has passed laws like FATCA- laws that demand that anywhere in the world you decide to flee to- you must still pay taxes and foreign banks must disclose your assets.  

The banking cabal, i.e. the Federal Reserve, can issue as many electronic zeroes as they need. The people who use counterfeit money first always get full value and the Fed distributes those funds to it's member banks. Once the bankers spend the money- it enters the pool of existing money and increases the supply and cheapens the whole pool. That is called inflation. The greatest stealth tax we will ever pay.

You have no appeal process with regard to any of this. Fair or not, you will not be able to win a case in front of a government court. Federal courts exist simply to expand the power of government. They never expand the power of people.

The rich and elite have gamed the system. They have the best lawmakers, presidents, and tax system money can buy. And if any of you think for one moment that elite billionaire President elect Donald Trump is any different- you are an idiot. He is just another rich elitist who has been preying on working stiffs his whole life. He is already assembling his cast of fellow elitists- and trust me- they aren't going to institute a fair tax or bring labor unions back. 

The dilemma- the Yin and Yang of capitalism- is that I am convinced that capitalism is the best economic system ever conceived. It might have survived had the rule of law been strictly enforced rather than corrupted. Greed in a capitalistic system is the Yang. For all the economic good that might have been- greed and corruption are going to have the last laugh. That's why 2008 was such a watershed moment. That was the moment when government realized it could do whatever it wanted to do- and the citizens of this country were powerless to stop it. They would cower in fear. Until the second revolutionary war.

You see, the people with all of the power and assets don't want to relinquish what they have. They want every last asset that they can put their grubby, little hands on but they want to socialize all of the losses. That way they can steal the fruits of cheap labor while forcing taxpayers to pay their medical insurance through programs like Obamacare- another tax. Like Walmart. Rich people love Obamacare. They don't have to pay for it- they have the best care imaginable for themselves- and they have managed to spread the burden of Obamcare on the middle class just as they have done with the tax code. They reap the profits. They own the insurance companies, big pharma and devices, and they own all of the stock that all of those public companies issue. They own the banks. They own the slave labor pools they are importing from China. They own this place. 

The bottom line is this. The more they take- the less is available to you. It is that simple and that is how the rich and elite in this country have gutted the middle class. With uncontrollable greed. It is a sickness. Watch Shark Tank to get a good feel for it. They should call it Warren Buffet disease.

There will never be a day of clarity in which all of the greedy people in this country wake up and say, "Wow we have really gutted this place." Greedy people are never content. That's who they are. 

The American Revolution was brought about by the efforts of 3% of the population and with the support of 25%. The other 70% or so, were all still loyal to the King and fearful of the British and treason. All the settlers ever wanted back then was freedom. The King could have agreed but people with power do not often relinquish it. He sacrificed tens of thousands of lives and probably would have sacrificed more but King George lost all of his political support and could not continue because he had other wars brewing. In the Revolutionary War, each side lost about 24,000 men. 

So when will the Second American revolution begin? 

The government and their elite owners have been very successful at incrementally stealing us blind while turning us against each other. So I don't think any flash point occurs if the oligarchy incrementally continues to raise taxes and steals our wealth that way. The bankers will be more than happy to continue to glean billions while we fight amongst ourselves over ridiculous issues. I honestly think the minions in this country will continue to give away their work product. They are too afraid to take a stand. Think of the 75% King loyalists in 1773. Look at California.

The top of the elite pyramid has always been the money changers. The Federal Reserve and their continual manipulation of the money supply, the buying of influence, their infiltration into every aspect of our lives. They have complete control over us. Killing the Federal Reserve might not cure all of our problems but it would be a great place to start.

This will all end badly. The rich and elite won't compromise. They have the government machine at their beck and call. They are not going to negotiate. 

Kennedy once said, "Those who make peaceful revolution impossible, will make violent revolution inevitable."

They'd probably lock Kennedy up for trying to say that today.