From your linked article–a 5th degree satanist is known as a maga or magus. Here’s the definition of that:
magus
/mā′gəs/
noun
Good, well-written article, if a bit simplistic in the idea that all bad behavior stems from drug use. I’ve got a simpler explanation:
Once upon a time Trump asked for Elon’s help. The request was seeded with honest flattery, vulnerable admissions that Trump can’t do it alone, and he trusts Musk to work independently to do something that Trump, by his very nature, can’t do. (DOGE). Musk drops everything, gets some people to cover for him, and goes all-in to help make it happen.
After five months, time’s up and Musk (presumably) lays out plans for continuation in his absence. (My sympathies to him, it’s terribly frustrating to leave a job before it’s done.) After having previously been scolded for going too far above and beyond (“excess” firings), he leaves and…
Nothing.
None of his recommendations are enacted, exact opposite is being sent through both houses. Any printed version of the DOGE findings got handed to an intern who put it on a stack right next to the DOGE recommendations to have forest service research personnel cleaning the toilets, instead of spending to hire janitorial staff.
Same story every time I’ve dated the wrong person or subcontracted to the government:
“Wow, you really dropped everything and focused all your expertise on that thing, that’s so cool. NEXT!!”
This is a great summary, and I agree.
I agree with the Putin quote. We have been seeing this for some time. I can remember when it first sunk in for me. It was during the first Bush presidency with Newt Gingrich’s Contract for America or Contract on America depending on your politics in that day.
I can remember listening to the radio alot during that time due to commutes and being in disbelief that Clinton seeming adopted the same platform and it was accepted with no problems by the Democrats who were against the same under Bush.
Fast forward to the first Trump campaign while still viewing US politics through a Uniparty lens and when the media started hyper focusing on every word and move Trump made. It seemed to me they wanted him to win the primary and they were giving him free advertising via news coverage. I was despite that still unsure if he was part of them or not but loved the idea he might be a wrench tossed in the machinery.
I find myself pondering if Trump is not the Rep. version of an LBJ in that he represents a shifting of power among the elites that are behind the curtain.
Just FYI Jaap… Chris took your advice and sent this quote out into the X wilds… I saw it there earlier : ) It is a great summary.
someone replied to Chis’ X tweet with this gif…
https://x.com/i/status/1931356609541751007
Well…
Scenario A: “It’s all K-fabe.”
Scenario B: “The US political scene is a hot mess!”
Scenario C: Ehh… may not be “one or the other” but both are (probably) true?
Assuming we all understand that both Trump and Musk have access to information none of us know about!
Noting this too in the light of Putin’s statement. YET! Note too Putin’s careful management of… how he “stays in his own lane” regarding (at least appearing) to be doing what he believes is best for Russia. (He’s been very circumspect and strategic about NOT being the one who starts WWIII.) Which one would assume that if your opposition is in chaos; use that to your advantage. Note, Russia hasn’t done that!
Now… also contemplate that Musk most likely holds the highest security defense contracts of the DOD. (Trump would certainly know that too!) Therefore “removing the EV mandates from the… big beautiful bull… I mean bill!” would mean nothing to Musk! (Which country do we assume is benefitting the most from Musk’s space endeavors. Do we comprehend that Musk is most likely the driver behind Space Force? Have we contemplated that Space Force is not actually talking about outer space as much as it’s really about cyber space. Is the drive of the need for these huge data centers really about the data of Americans, or rather about global data? Are these data centers actually related to Space Force controlling the internet?
Hearkening back to the whole question of issues raised about AI technology and China “eating our lunch”.
Now DOGE and its recommendations?
There’s a fellow I listen to on YouTube (Walter Hnot) who is a Social Security disability lawyer, who deals with homeless SSI/SSDI claims. Walter politically is a “classical libertarian”. On his channel, Walter has been informing all his listeners about the memorandums coming out of the office of Inspector General concerning Social Security. And Walter is reporting that the DOGE recommendations are filtering their way through the Social Security Administration. (I.E. DOGE isn’t actually a “dead end”! / “Orange man mad”; “kick out guy who holds all major defense contracts of US government!”)
Now Social Security numbers are connected to the “immigration” issue. He who controls who gets Social Security numbers; ultimately will control who gets elected based on who gets to vote. The other piece of this appears to be this new “Real ID” plan being rolled out by (ultimately) the federal government. Me thinks its first implementation is going to be voter ID related.
Now throw in here that Kash Patel says they have Fauci’s electronic devises; (related to the pandemic) implying that the arrest of Fauci is (hopefully) now “on the table”.
Is there a deep state?
Of course there is! Don’t think anyone doubts that!
Russia, China and Iran sit back quietly watching Musk / Trump tantrums on X. The two guys who I’d venture to (still assume) hold the controls of what happens in the west.
Which to me… makes the “twitter tantrums” fairly insignificant.
And now here’s another interesting caveat to this. Elon deleted the “tweet”. And (according to Google) the very first news agency to report this… was India Today; who dropped this story at 5:30 Friday night. One half hour after “FBI locates Fauci’s devices” story dropped.
Hmmm, I missed the “black eye” club signal - assuming innocent horseplay with kids as the likely reason - interesting.
At this point, “tweet fights” between these 2 men at this level just seems too juvenile not to assume it’s for some type of show.
I’m frustrated with the budget increase for sure & would be doubly so if I were Musk & had just taken the heat for DOGE & likely scratched the real surface on the actual trillions of waste under the surface. I can also appreciate Trump’s position that change takes an investment & there are some big one time wind down $$ involved with mass layoffs of government waste - those workers will all get significant packages & that $$ has to come from somewhere. If the $ spigot stops suddenly, so does our economy - it’s a rock & a hard place with no good answer. I hope it results in some serious lead shredding (vs pencil sharpening) - we’ll see.
chatgpt =
Elonald
Twitler
Muskrum
OrangeX
Yessss!
For Elon maybe that should be OrangeFreeX
Donalon
Lyn Alden did a keynote address at the recent bitcoin conference in Las Vegas. But, it does not actually concern bitcoin, but the dynamics of what is happening in “dollar land.” (Chris has reviewed this many times. Lyn presents it in a slightly different language.)
She is an economist focused on why The Big Print must continue.
“Nothing Stops This (fiscal deficit) Train”
A few brief points.
Price of gold is in yellow.
Real interest rates are in black (Real rates = 10Y yield minus the CPI inflation)
Gold and treasuries are the 2 primary reserve assets.
They have decoupled. Something changed in 2022. Something new is happening. Treasuries are no longer attractive as they do not return enough real yield to make people want to buy them. Why should I own treasuries when they don’t return enough yield to outpace inflation?
So what happened about 2022?
6:55 What is the Feds tool to control credit growth? They can raise interest rates. This slows the economy and slows credit growth slows inflation. This makes borrowing less attractive. Raising interest rates slows inflation.
In previous years, when they would raise interest rates it would slow private sector economic expansion (less lending and borrowing) and THIS EFFECT WAS MORE PRONOUNCED THAN THE INCREASE IN FEDERAL DEBT SERVICING COSTS. Not so now!
7:30 Now, the debt level is high. Higher interest rates INCREASE the deficit faster than they decrease the private sector credit growth.
The result is that this breaking mechanism of our fiscal train is no longer effective. The usual tool doesn’t work.
The train has no brakes.
Nothing can stop this train.
They do not have any tools to slow down total credit growth in the system.
Now, interest payments are a very meaningful part of federal expenses.
Another big component is social security. Boomer generation (born 1944-1960) contributed to the fund, but are now retiring and drawing it down. SS funds were put into Treasury Bonds.
SS predicts that they will spend down the 3 Trillion dollars in the SS fund into the economy depleting it by 2035.
The generation that was contributing to the system for 4 decades began to draw down on the SS fund in the late 20teens (2017, 2018). This is when gold and real interest rates decoupled.
Old people vote. (young people protest but forget to vote). So NOT touching SS benefits is a bipartisan issue–neither Red nor Blue will touch this topic.
This last slide it to emphasize the Ponzi nature of the debt accumulation.
12:35 The central banking system relies on constant growth (where have we heard this before?) Like a shark that must keep swimming to remain alive.
Top line is total debt (public and private combined) in the system.
Bottom line is the monetary base.
Total debt fell during the great depression, and again, briefly in 2008 (about 1%). They responded by increasing the monetary base to keep the system afloat.
At 15:10 Lyn goes into her last slides, and I must admit that I don’t understand this well. And it is time for me to go to bed as I work in the morning.
Can someone finish off the last 3 minutes of her talk?
Nothing Stops This Train. The monetary base will continue to grow.
Mump Tusk - sounds like something inappropriate from the Epstein files…
Sounds like BS to me. His truth - her truth - my inner truth….
I’ll stick with JC as the way, the truth, & the life.
In talking with Jeffrey Tucker today, we both agreed that Trump has betrayed Elon, as he does with anybody who crosses him.
And because his ideas are murcurial and his skin is thin, that’s an easy thing to do.
Trump lifted no fingers while Elon’s brand was being globally trashed. Sure, a couple of Tesla scratchers and torchers were caught, but the source of the 5th Gen “two minutes of hate” funders were never pursued nor mentioned.
Soros? Chirping crickets. The NGO money-mill people behind the “Indivisible” project? Nada.
Trump just let Elon take all the heat (lame) and then acted all butthurt when Elon was disappointed when Team Trump threw in the towel and ignored everything Elon had done and went forward with the Big Obese Bill.
This is kind of tone deaf here:
This isn’t exactly indicative of the GOP being “more united than ever before.”
Fun fact: There’s no such thing as “SS owning Treasury bonds” since the those bonds are the obligation of the US government, which means taxpayers.
That would be like the left pocket having nothing but owing the right pocket a lot of money and claiming that the person wearing those pants therefore had a net positive position.
Instead the key point of that SS slide is noting that when the chart is climbing SS is a net positive cash flow to the US general obligation fund, and when it is declining, as it is now, that’s a net cash drain.
When it “hits zero” on that chart is a fiscally irrelevant event. SS is either contributing cash to the government coffers, or it is subtracting. From here to the horizon it is subtracting.
Chris threw in another thread dollar has 1-2 years left. That would mean whole west collapses, as BRICS has small coverage, and likely with TDS aligned rhetoric(“Chyna russia bad”) is banned in west until too late.
AS great reset is failing (according to Chris), big war is only card left on table. Thus projection goes, west is heading to WW3 with china in 2027 (2years from now). Otherwise we would see China suddenly economically grab bigger foothold (not militarily, that is not their main goal, they just discuss more countries to have china as primary trade partner, not US).
Greenland and Panama talks would be small if big war wouldnt happen, more aggressive moves would be expected as US empire elite cant tolerate folks to exit this empire. This is second scenario.
