SEE YOU ON THE DARK SIDE OF THE MOON

Written in December 2019. Reposted in honor of the 50th anniversary of the album

And if the cloud bursts thunder in your ear
You shout and no one seems to hear
And if the band you’re in starts playing different tunes
I’ll see you on the dark side of the moon

 Brain Damage, Pink Floyd


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And if the dam breaks open many years too soon
And if there is no room upon the hill
And if your head explodes with dark forebodings too
I’ll see you on the dark side of the moon

Brain Damage, Pink Floyd

Pink Floyd’s 1973 Dark Side of the Moon album is considered one of the greatest albums of all-time. It stayed on the Billboard 200 charts for 937 weeks. Roger Waters concept was for an album that dealt with things that “make people mad”. The Dark Side of the Moon’s themes include war, conflict, greed, the passage of time, death, and insanity, the latter inspired in part by former band member Syd Barrett’s worsening mental state.

The five tracks on each side reflect various stages of human life, beginning and ending with a heartbeat, exploring the nature of the human experience, and empathy. The themes of this album are timeless and are as germane today as they were forty-six years ago, if not more relevant. The country and world are awash in conflict, driven by the greed of evil men. Decent, law abiding, hard-working, critical thinking Americans see the world going insane as the passage of time leads towards the death of an American empire.

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HEROES & WHORES

With the new Netflix documentary about the Madoff fraud out, I thought reposting my take on the Wall Street scumbags who perpetuated this fraud and the corrupt losers at the SEC who turned a blind eye, would be worthwhile. Written 5 years ago.

“Certainly one of the most important things I learned is that numbers can be deceiving. There is a logic to mathematics, but there is also the underlying human element that must be considered. Numbers can’t lie, but the people who create those numbers can and do. As so many people have learned, forgetting to include human nature in an equation can be devastating.”Harry Markopolos, No One Would Listen

Harry Markopolos: The man who hunted Madoff - Feb. 25, 2010

The quote I used from Harry Markopolos’ No One Would Listen book about the Bernie Madoff ponzi scheme in my last article triggered a bittersweet recollection. For me, the experience captured the true nature of our warped financial markets, a culture  glorifying wealthy arrogant criminal assholes, while ignoring or ridiculing honest, hard working, highly intelligent truth tellers.

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AMERICAN PONZI

Guest Post by Hardscrabble Farmer

The first question that came to mind as the closing credits rolled on the Netflix documentary Madoff The Monster of Wall Street was why? Why would they make a movie like this that connects as many dots? The film lays out so many of the obvious truths of how America and the economic systems we have come to depend upon are nothing more than a collosal fiction, a fraud operating at every level and throughout every aspect of our Government, and the institutions we have come to think of as our culture.

And then it hit me.

The purpose of this revelation is to serve as cover for the even larger Ponzi scheme that is SBF about to unravel, and eventually, if I suspect correctly, the death blow that will be discovered when Black Rock is finally shown to be the exact same kind of Ponzi scheme as all the others. When the final downturn in our economic collapse goes into full Krakatoa and wipes out every last vestige of economic stability in the Western World.

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THROTTLE UP

“For a successful technology, reality must take precedence over public relations, for Nature cannot be fooled.” Richard Feynman – Rogers Commission

5 Things You May Not Know About the Challenger Shuttle Disaster ...

“It appears that there are enormous differences of opinion as to the probability of a failure with loss of vehicle and of human life. The estimates range from roughly 1 in 100 to 1 in 100,000. The higher figures come from the working engineers, and the very low figures from management. What are the causes and consequences of this lack of agreement? Since 1 part in 100,000 would imply that one could put a Shuttle up each day for 300 years expecting to lose only one, we could properly ask “What is the cause of management’s fantastic faith in the machinery? … It would appear that, for whatever purpose, be it for internal or external consumption, the management of NASA exaggerates the reliability of its product, to the point of fantasy.” – Richard Feynman – Rogers Commission

The phrase “Throttle Up” jumped into my consciousness in the last week when Trump and his coronavirus task force of government hacks and bureaucrat lackeys announced the guidelines for re-opening America, as if a formerly $22 trillion economy, tied to a $90 trillion global economy, could be turned off and on like a light switch. Clap off, clap on. It just doesn’t work that way. The arrogance and hubris of people who think they can declare a global shut down for a virus and think they can easily deal with the intended and unintended consequences of doing so, is breathtaking in its outrageous recklessness and egotistical belief in their own infallibility.

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P FOR PANDEMIC (POPULIST RAGE)

In Part One of this article I detailed the criminal enterprise that constitutes the leadership of this country. The facts are clear. We’ve been screwed over by those who were supposed to represent us. Now it is time to look in the mirror and decide whether we will continue to bow down before our keepers or step up and be accounted for in this coming fight.

Trayvon Martin Analysis: It's time for all Americans to look in ...

Corporate executives who recklessly loaded their companies with debt, while utilizing the proceeds to buy back their own stock, in order to boost their stock price and outrageous compensation packages, left their companies vulnerable to an entirely predictable downturn. After frittering trillions away on their overvalued stock, they now demand bailouts from the taxpayer, and their spineless captured congress lapdogs have obeyed their corporate masters. The 96 – 0 vote in the Senate is truly a disgusting example of the corporate fascist One Party system that reigns in the swamp. Corporate socialism is alive and well.

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2020 – YEAR OF LIVING DANGEROUSLY (PART TWO)

In Part One of this article I detailed my inability to predict the timing of events during this Fourth Turning, while maintaining the catalysts of debt, civic decay, and global disorder continue to drive the world towards a cliff.

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“Every schoolchild will know what happened next, from the Oh-Ohs to the 2020s, as the Fourth Turning unfolded—but academics will surely debate how and why it came to pass. In his history, this great-great-grandson of today’s baby girl will reflect on what the Fourth Turning came to mean for his own time and generation. His history is not yet written. What will it be?”Strauss & Howe

The Trump team is now poised to go on the offensive as this Constitutional crisis intensifies and hurtles towards a violent conclusion. Barr and Durham are busy building a case against the Obama administration and their illegal activities before and after the election. As the election approaches and Durham concludes his investigation, indictments handed down on Clapper, Brennan, Comey or any of the other conspirators would lead to turmoil not seen since the Civil War. No matter the result of the upcoming election, neither side will accept the outcome.

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UNDERESTIMATING THEM & OVERESTIMATING US

“Do not underestimate the ‘power of underestimation’. They can’t stop you, if they don’t see you coming.” ― Izey Victoria Odiase

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During the summer of 2008 I was writing articles a few times per week predicting an economic catastrophe and a banking crisis. When the biggest financial crisis since the Great Depression swept across the world, resulting in double digit unemployment, a 50% stock market crash in a matter of months, millions of home foreclosures, and the virtual insolvency of the criminal Wall Street banks, my predictions were vindicated. I was pretty smug and sure the start of this Fourth Turning would follow the path of the last Crisis, with a Greater Depression, economic disaster and war.

In the summer of 2008, the national debt stood at $9.4 trillion, which amounted to 65% of GDP. Total credit market debt peaked at $54 trillion. Consumer debt peaked at $2.7 trillion. Mortgage debt crested at $14.8 trillion. The Federal Reserve balance sheet had been static at or below $900 billion for years.

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Is The LYFT IPO The Inflection Point In The Ponzi?

Submitted by AdventuresInCapitalism.com,

Over the past few quarters, I have become increasingly critical of the Profitless Prosperity Sector, known amongst my friends as the Ponzi Sector.

Why Ponzi Sector?

Because these companies have no profits yet continue to raise new capital by showing explosive revenue growth. Oddly, the more revenue they show, the more money they lose, because incremental revenue is at a negative gross margin. Many of these companies are in consumer facing sectors where the product is not particularly unique. Rather, they are using a tech interface to offer an existing product and effectively subsidizing the consumer to use more of the product. Nothing shows this better than the ridesharing duopoly of Uber and Lyft (LYFT – USA). Therefore, last week’s LYFT IPO was enlightening.

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WINTER OF OUR DISCONTENT MEETS FYRE FESTIVAL

“When a condition or a problem becomes too great, humans have the protection of not thinking about it. But it goes inward and minces up with a lot of other things already there and what comes out is discontent and uneasiness, guilt and a compulsion to get something–anything–before it is all gone.” ― John Steinbeck, The Winter of Our Discontent

Image result for winter of our discontent Image result for fyre festival

Sometimes I wonder about strange coincidences. In an email exchange with Marc (Hardscrabble Farmer) in the Fall, he mentioned he had begun reading Steinbeck’s Winter of Our Discontent and planned to write an article about it. Coincidentally, I had just bought a used copy of the same novel at Hooked on Books in Wildwood. I didn’t plan on buying it, but I’ve read most of Steinbeck’s brilliant novels and felt compelled by the title and our national state of discontent to select it from among the thousands of books in the store.

Marc had posted his Steinbeck-esque article in December, but I didn’t read it until I had finished the novel. Marc’s perspective on the value of money and his diametrically opposite path from Ethan Hawley, the discontented anti-hero of Steinbeck’s final novel, was enlightening and thought provoking. I’m sure it impacted my consciousness as I wrote this article.

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Woodbridge Group Ponzi Scheme Comes to a $1 Billion End

From Birch Gold Group

woodbridge group robert shapiro ponzi scheme

The long and convoluted tale of Woodbridge Group, a real estate conglomerate of more than 100 companies, has finally reached a climactic ending. What may have looked like a promising investment venue just a few years ago was little more than a front for a massive Ponzi scheme.

Seasoned lawmakers undoubtedly struggled to uncook the books of Woodbridge’s 128 companies, but they found that the firm’s premise was simple. Through flashy promotion spearheaded by then-CEO Robert H. Shapiro, Woodbridge targeted cash-ready investors looking to make a sizeable return.

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HOSTILES

Christian Bale in Hostiles

I don’t like going to the movies. Too much hassle, too many commercials and previews, too expensive, and 90% of the movies are worthless drivel, SJW inspired crap, or government buoyed propaganda. Last weekend was my wife’s birthday and she wanted to see a movie. When she shockingly suggested a western, I reluctantly agreed. So my wife and one of my sons got in the car and headed to an old Franks theater in Montgomeryville that only charges $8.50. I had seen a brief review of Hostiles on-line and saw it got a decent rating on rotten tomatoes. I was looking forward to being mildly entertained.

The next two hours and fifteen minutes of this dark, somber, violent, morally ambiguous treatise about the old west cannot be described as enjoyable. But I did find it riveting and thought provoking. Christian Bale, as Captain Joseph Blocker, mournfully carries out his duties without a single smile crossing his bearded countenance for the entire movie. The tone, atmosphere and message of this film reminded me of my favorite western and subject of the final part of my five part series based on Clint Eastwood movies – Unforgiven. One of the soldiers in Hostiles even has dialogue almost matching Will Munny’s foreboding exchange at the end of Unforgiven:

“That’s right. I’ve killed women and children. I’ve killed just about everything that walks or crawled at one time or another. And I’m here to kill you, Little Bill, for what you did to Ned.”

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Illinois Lost 1 Resident Every 4.3 Minutes In 2017, Dropped To 6th Most Populous State

Tyler Durden's picture

 

Illinois is drowning under a mountain of debt, unpaid bills and underfunded pension liabilities and it’s largest city, Chicago, is suffering from a staggering outbreak of violent crime not seen since gang wars engulfed major cities from LA to New York in the mid-90’s.  Here is just a small taste of some of our posts on Illinois’ challenges:

Given that, it’s hardly surprising that the Prairie State lost a net 33,700 residents in fiscal year 2017, according to the Census Bureau.  Also not surprising is the fact that the mass exodus from Illinois was the largest of any state in the country with lower taxed, lower cost of living states like Texas and Florida posting the biggest gains. 

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THE HORROR! THE HORROR! (PART TWO)

In Part One of this article I detailed how propaganda has been utilized by the Deep State for decades to control the minds of the masses and allow those in control to reap the benefits of never ending war. In Part Two I will discuss recent events, false flags, and propaganda campaigns utilized by the Deep State to push the world to the brink of war.

“We penetrated deeper and deeper into the heart of darkness”Joseph Conrad, Heart of Darkness

The use of graphic images, electronically transmitted across the world in an instant, along with a consistent false narrative promoted by the captured corporate media, is the preferred means of appealing to the emotions of those who want to believe atrocity propaganda. Instigating a march to war through the use of unfounded fear, misinformation, staged photo ops, and appealing to passions and prejudices was as revolting to Albert Einstein  in the 1930s as it is today to normal thinking individuals.

“He who joyfully marches to music in rank and file has already earned my contempt. He has been given a large brain by mistake, since for him the spinal cord would fully suffice. This disgrace to civilization should be done away with at once. Heroism at command, senseless brutality, deplorable love-of-country stance, how violently I hate all this, how despicable and ignoble war is; I would rather be torn to shreds than be a part of so base an action! It is my conviction that killing under the cloak of war is nothing but an act of murder.” – Albert Einstein

It seems the level and intensity of the propaganda campaigns has ratcheted up dramatically in the last half dozen years and appears to be reaching a crescendo as we speak. It’s almost as if the Deep State is frantically trying to maintain the status quo, even as the worldwide financial Ponzi scheme of debt approaches the point of collapse. The domestic conditions in Europe, North America, and Asia are deteriorating rapidly. The propaganda doled out trying to convince citizens their financial situation is not worsening has failed.

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A BIASED 2017 FORECAST (PART TWO)

In Part One of this article I discussed the failure of our brains to think rationally due to our biases and the relentless propaganda flogged by our Deep State ruling class. Viewing the future through the looking glass of the Fourth Turning keeps you focused on the three catalysts which will drive all events in 2017 and beyond. I’ve addressed my 2017 Debt forecast in Part One. Now I will make some guesses about what might happen in 2017 related to Civic Decay and Global Disorder.

Civic Decay Forecast

“Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance.” Daniel Kahneman, Thinking, Fast and Slow

The presidential election and its aftermath tell you everything you need to know about the level of civic decay overtaking this country. The country is as divided as it was after the election of Abraham Lincoln in 1860. There is virtually no common ground between liberals and conservatives. The pure hatred and contempt between the winners and losers in the recent election does not bode well for the country over the next four to eight years.

The social fabric of the country has been torn asunder. The Clinton supporters believe anyone not on their side is deplorable, racist, misogynist, and fans of Hitler. Trump supporters believe anyone not on their side is low IQ, Muslim loving, deceitful, math challenged, and fans of a criminal. The gulf between the two sides is unbridgeable.

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