Sanders – The Burning Platform

CIVIL WAR II – FOURTH TURNING INTENSIFYING (PART I)

“History offers even more sobering warnings: Armed confrontation usually occurs around the climax of Crisis. If there is confrontation, it is likely to lead to war. This could be any kind of war – class war, sectional war, war against global anarchists or terrorists, or superpower war. If there is war, it is likely to culminate in total war, fought until the losing side has been rendered nil – its will broken, territory taken, and leaders captured.” – The Fourth Turning – Strauss & Howe -1997

As we enter the final stretch of this vitriolic, deplorable, venomous, propaganda saturated, deceitful, rigged presidential election spectacle, it becomes painfully obvious this Fourth Turning is careening toward bloodshed, bedlam, confrontation, and civil war. The linear fixated establishment, who fancy themselves intellectually superior to the irredemables, are too blinded by their sociopathic, increasingly audacious subversion of the Constitution, to grasp the level of rage and disillusionment of a white working class that has been screwed over for decades.

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As the Wall Street shysters frantically accelerate their embezzlement of what remains of middle class wealth, with the Fed and the corporate media propagandists as their wing-men, the country devolves into a corporate fascist state. The disposition of the nation grows dark like the sky before an approaching deadly blizzard. As passions boil over and violence portends, this Fourth Turning hastens towards a bloody decade ahead with an uncertain climax.

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FUNNIEST BLS REPORT EVER

Only a captured government drone could put out a report showing only 38,000 new jobs created, with the working age population rising by 205,000, and have the balls to report the unemployment rate plunged from 5.0% to 4.7%, the lowest since August 2007. If you ever needed proof these worthless bureaucrats are nothing more than propaganda peddlers for the establishment, this report is it. The two previous months were revised significantly downward in the fine print of the press release.

It is absolutely mind boggling that these government pond scum hacks can get away with reporting that 484,000 people who WERE unemployed last month are no longer unemployed this month. Life is so fucking good in this country, they all just decided to kick back and leave the labor force. Maybe they all won the Powerball lottery. How many people do you know who can afford to just leave the workforce and live off their vast savings?

In addition, 180,000 more Americans left the workforce, bringing the total to a record 94.7 million Americans not in the labor force. The corporate MSM will roll out the usual “experts” to blather about the retirement of Baby Boomers as the false narrative to deflect blame from Obama and his minions. The absolute absurdity of the data heaped upon the ignorant masses is clearly evident in the data over the last three months. Here is government idiocracy at its finest:

Number of working age Americans added since March – 406,000

Number of employed Americans since March – NEGATIVE 290,000

Number of Americans who have supposedly voluntarily left the workforce – 1,226,000

Unemployment rate – FELL from 5.0% to 4.7%

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HARD TIMES & FALSE NARRATIVES

The mainstream media mouthpieces for the establishment peddle false narratives, disingenuous storylines, and outright propaganda to keep the ignorant masses confused, oblivious to reality, misinformed, and passively submissive to the opinions of highly paid “experts” and captured fiscal authorities. The existing social order likes things just as they are.

They reap ill-gotten riches, wield unchecked power, and control the minds of the masses. They are the invisible government consciously manipulating the minds, habits and opinions of the multitudes in order to dominate society, control the levers of government, and accumulate obscene levels of wealth through manipulation of the currency and domination of the banking and corporate interests.

One of the false narratives being flogged by the establishment propaganda peddlers is the mass retirement of Baby Boomers causing the plunge in the employment to population rate from 64.4% in 2000 to 59.7% today. They need to peddle this drivel, because the difference between these two rates amounts to 12 million missing jobs. The employment to population ratio is currently at 1984 levels. Any critical thinking person with basic math skills realizes the government reported unemployment rate of 5% is an Orwellian farce.

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Why Is the Progressive Left Helping the Elite Elect Hillary?

Guest Post by Paul Craig Roberts

Have you noticed that it is not only the presstitute media and the two establishment political parties that are beating up on Bernie Sanders and Donald Trump but also the progressive left? Sometimes the messages overlap so much that the progressive left sounds like the One Percent. But mainly the progressive left is down on Sanders because he is “not pure,” and they don’t like Trump because he hurts people’s feelings and doesn’t apologize.

This is astounding. Here we are faced with the corrupt media and the corrupt party establishments determined to put in the Oval Office a tried and proven agent of the One Percent, and the progressive left is beating up on the only two alternatives!

I doubt that Sanders or Trump would be able to achieve much for the American people except to reduce the flow of official lies that the presstitutes turn into truths by constant repetition. The Oligarchy is too strong. It was more than a half century ago that President Eisenhower warned us of the threat to American democracy from the military-security complex. That complex is much stronger today, and, in addition, we have Wall Street and the mega-banks that control the US Treasury and Federal Reserve, the Israel Lobby that has the US Congress wrapped around its little finger, the extractive industries (energy, mining, timber) that prevails over the environment and preservation, and agra-business that poisons our food, exterminates honey bees and butterflies and produces chemical fertilizer runoff into waters that result in massive fish kills from algea blooms. None of these powerful interests will permit the welfare of the American people to get in the way of their agendas and profits.

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Hillary Clinton’s N.Y. victory exposes her weakness as nominee in November

Guest Post by Darrell Delamaide

The ‘new look’ Donald Trump poses a great threat to his likely Democratic opponent

Hillary Clinton greets supporters at her victory rally the night she won the New York primary.

WASHINGTON (MarketWatch) — Whew. Thankfully, the New York primaries have cleared everything up and the political narrative is now set.

Hillary Clinton can continue her imperturbable coronation march to the Democratic nomination while a new and improved Donald Trump — the “other” Donald Trump, or Donald Trump 2.0, as the press would have it — will start looking and acting more presidential to make himself more palatable to a Republican Party now likelier than ever to nominate him.

Certainly the remaining primaries will affirm this narrative, according to media accounts. Ted Cruz has new respect from Trump (it’s “Senator Cruz” at least some of the time, not “Lyin’ Ted”), but Cruz is toast in the eyes of voters, while Bernie Sanders’s campaign, which started out as a long shot, is now once again a long shot.

There’s only one thing wrong with the clarity of this new media narrative. It could well be as mistaken as all the earlier narratives the media have come up with to chronicle this roller-coaster campaign.

Sen. Bernie Sanders raises more money than any other 2016 presidential candidate, yet he’s sharpening his attacks on rival Hillary Clinton over campaign finance. WSJ’s Shelby Holliday explains in Campaign Fight Club.

Clinton critics are still hoping that an FBI investigation will torpedo her bid for the White House, or maybe new revelations from a Benghazi committee that has yet to produce anything new.

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THE BOOMER RETIREMENT MEME IS A BIG LIE

As the labor participation rate and employment to population ratio linger near three decade lows, the mouthpieces for the establishment continue to perpetuate the Big Lie this is solely due to the retirement of Boomers. It’s their storyline and they’ll stick to it, no matter what the facts show to be the truth. Even CNBC lackeys, government apparatchiks, and Ivy League educated Keynesian economists should be able to admit that people between the ages of 25 and 54 should be working, unless they are home raising children.

In the year 2000, at the height of the first Federal Reserve induced bubble, there were 120 million Americans between the ages of 25 and 54, with 78 million of them employed full-time. That equated to a 65% full-time employment rate. By the height of the second Federal Reserve induced bubble, there were 80 million full-time employed 25 to 54 year olds out of 126 million, a 63.5% employment rate. The full-time employment rate bottomed at 57% in 2010, and still lingers below 62% as we are at the height of a third Federal Reserve induced bubble.

Chart via econimica

Over the last 16 years the percentage of 25 to 54 full-time employed Americans has fallen from 65% to 62%. I guess people are retiring much younger, if you believe the MSM storyline. Over this same time period the total full-time employment to population ratio has fallen from 53% to 48.8%. The overall labor participation rate peaked in 2000 at 67.1% and stayed steady between 66% and 67% for the next eight years. But this disguised the ongoing decline in the participation rate of men.

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WHAT ARE THESE PEOPLE DOING?

The two charts below may explain why, despite the propaganda about low unemployment, tremendous job growth and the retirement of Boomers explaining the lower participation rate, the economy is in recession, the middle class is pissed off, and the smell of revolution is in the air. When one in four Americans in the prime working years of 25 to 54 are not working, you’ve got a problem. What are 28.9 million people in the prime of their lives doing, if they are not working for a living. Sure some women are staying home to raise their kids, but how many two parent families can afford to get by on one income these days?

Just based on the historical record of employment to population ratios, the country is short by 3 million to 5 million jobs in this key demographic category. This has nothing to do with Boomers or retirement. Any man between the ages of 25 and 54 years old who is not truly disabled should be working. If they are not, they are either a good for nothing lazy free shitter, or the complete destruction of our blue collar industries by politicians, bankers, and corporate CEOs has left men with no remaining options.

In 1970, 96% of males between the ages of 25 and 54 were participating in the workforce and 93% were employed. Today, only 88% of males between the ages of 25 and 54 are participating in the workforce and only 83% are employed. What are the 12% of males in their prime working years doing, if they’re not working? Even the female participation rate for 25 to 54 year olds is the lowest in almost a quarter century.

I believe this data is at the gist of Trump’s growing popularity. You have a portion of the 25 to 54 population not working because they choose to not work. They are essentially members of the free shit army and expect the producers to pay their way. They will vote Clinton or Sanders. Then there are middle class 25 to 54 year olds who have been laid off because their companies shipped the jobs overseas or the overwhelming tax and regulatory burdens imposed by Obama and his minions have put companies out of business resulting in more layoffs.

Men and women in the prime of their life not working get very angry and frustrated. That anger is bubbling over and the MSM and establishment politicians are shocked because their luxurious secluded lives are unaffected. They will be flabbergasted when Trump wins the presidency on this wave of anger and frustration.

VOTING TO DESTROY THE ESTABLISHMENT

“The inability to predict outliers implies the inability to predict the course of history”
― Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable

“I know that history is going to be dominated by an improbable event, I just don’t know what that event will be.” ― Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable

Nassim Taleb is a prickly arrogant SOB who doesn’t give a crap what intellectuals, academics, and other establishment elitists think about him. He has an Ivy league MBA, but despises everything about the curriculum of Ivy League MBA programs. He has a PhD, but scorns academics and their worship of theories and models. He enjoys poking holes in the storylines of the propaganda spewing corporate media. He glories in ridiculing the predictions of captured “experts” mouthing the talking points of whichever corporate interest is paying them blood money.

I read his brilliant Black Swan book back in 2008. It was a difficult read, but there were so many gems of wisdom throughout the book, it was a powerful tome predicting the financial collapse in real time. He wrote it in 2006. He understands the world doesn’t operate the way Ivy League models say it is supposed to operate. The world is propelled by black swans, not a normal distribution of the world. He was right in 2006 and he’s right now. The paragraph below has been making the rounds in the alternate media this past week. The establishment media would never publicize it, as their job is to protect the crumbling social order.

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TRUMP HAT vs SANDERS HAT

DERANGED CENTRAL BANKERS BLOWING UP THE WORLD

It is now self-evident to any sentient being (excludes CNBC shills, Wall Street shyster economists, and Keynesian loving politicians) the mountainous level of unpayable global debt is about to crash down like an avalanche upon hundreds of millions of willfully ignorant citizens who trusted their politician leaders and the central bankers who created the debt out of thin air. McKinsey produced a report last year showing the world had added $57 trillion of debt between 2008 and the 2nd quarter of 2014, with global debt to GDP reaching 286%.

The global economy has only deteriorated since mid-2014, with politicians and central bankers accelerating the issuance of debt. These deranged psychopaths have added in excess of $70 trillion of debt in the last eight years, a 50% increase. With $142 trillion of global debt enough to collapse the global economy in 2008, only a lunatic would implement a “solution” that increased global debt to $212 trillion over the next seven years thinking that would solve a problem created by too much debt.

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Political Outsiders — The Coming Explosion

Guest Post by Monty Pelerin

Political outsiders are the new thing in national politics. Outsiders dominate early polling in the Republican presidential primary. This phenomenon reflects also in the Democrat Party where Bernie Sanders, not a Democrat, is showing unexpected strength.

Why this phenomenon is happening and whether it can continue is perplexing the pundit class. As part of the Washington establishment they are too close to the problem to understand. Thus far they and establishment politicians have underestimated the political support of the outsiders. The elites believe that some strange anger is coming from “fly-over” country. The rubes, racists and other Neanderthals living outside of Washington are considered too dumb to understand the complexities and nuances understood and only manageable by the elite.

This hissy-fit interpretation is likely invalid. The punditocracy considers the infatuation temporary. Before the parties choose their proper candidates, it is expected to be a footnote to the election. However the strength of the outsiders seems to be growing, not receding. Are we witnessing a real movement or just a fad? Is this the incipient version of a peasants-with-pitchforks movement in American politics? Time will provide an answer to these questions.

As the movement has gained strength, some doubts have begun among the intelligentsia. For now, some have shifted their focus to why this movement is happening. If it were only Donald Trump it would be easy to dismiss it as the cult of personality. Those most likely to believe such a theory would be the first to not see that it was just such madness that gave us our current messiah-in-chief. A Trump win is more plausible than an Obama win. Trump brings history, experience and accomplishments. Obama brought nothing but history and that he hid from the voters.

Ben Carson is closer to the Obama model except he has a goodness about him that Obama never conveyed. Yet Dr. Carson has limited managerial experience. Operating on the undersized brains of the political class is experience not needed unless Dr. Carson has discovered a way to do brain transplants on a large scale. Ostrich brains might be an improvement.

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DEPARTMENT STORE RESULTS IMPLODING

The government issued their monthly retail sales this past week and four of the biggest department store chains in the country announced their quarterly results. The year over year retail sales increase of 2.4% is pitifully low in an economy that is supposedly in its sixth year of economic growth with a reported unemployment rate of only 5.3%. If all of these jobs have been created, why aren’t retail sales booming?

The year to date numbers are even worse than the year over year numbers. With consumer spending accounting for 70% of our GDP and real inflation running north of 5%, it’s pretty clear most Americans are experiencing a recession, despite the propaganda data circulated by the government and Fed. The only people not experiencing a recession are corporate executives enriching themselves through stock buybacks, Wall Street bankers using free Fed Bucks while rigging the the markets in their favor, politicians and government bureaucrats reaping their bribes from billionaire oligarchs, and the media toadies who dispense the Deep State approved propaganda to keep the ignorant masses dazed, confused, and endlessly distracted by Cecil the Lion, Bruce/Caitlyn Jenner, Ferguson, and blood coming out of whatever.

You won’t hear CNBC, Bloomberg, the Wall Street Journal or any corporate mainstream media outlet reference the fact retail sales growth is at the exact same levels as when recession hit in 2008 and 2001. Their job is to regurgitate the message of economic recovery and confidence in the future, despite overwhelming evidence to the contrary.

Retail sales are actually far worse than the 2.4% reported number. Excluding the subprime debt fueled auto sales, retail sales only grew by 1.3% in the last year. The automakers are practically giving vehicles away as their lots are stuffed with inventory. The length of auto loans and the average amount of auto loans are now at all-time highs. The percentage of subprime auto loans is surging to record levels, as defaults begin to rise. The percentage of vehicles being leased is also at an all-time high. To call these “auto sales” strains credibility. These people are either perpetually renting their vehicles or just driving them until the repo man shows up.

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