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Sick Of and Done With

Guest Post by Jim Kunstler

“Biden is not well. Everyone knows this even those who support him…the difference is they don’t care and that’s the most frightening aspect of this situation.” — Edward Dowd

They’re kidding, right? That “Joe Biden” is capable of being president? Not just for another four-year term, but right here and now? This has got to be the most pitiful case of national gaslighting since 218-AD when the Romans installed 14-year-old Heliogabalus to front for their empire. Like “JB,” he reigned for four years (before the praetorian guard offed him). The Danish historian of ancient Rome, Barthold Niebuhr, said of him: “. . . [He] had nothing at all to make up for his vices, which are of such a kind that it is too disgusting even to allude to them.”

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SUMMER THROWBACK: DUMBASS FAT CAT, CRAZY LADY, & SECTION 8 AT THE BEACH

Tomorrow we are headed to Wildwood for our annual vacation. The start of summer wouldn’t be complete without a reposting of this TBP classic from 2011.

UPDATE 2020:  Fat Moe’s days at the shore are over. He left for the big litter box in the sky. The Section 8 couple, skinny Mike and Fat Foul Mouthed Joyce broke up when Mike was sent to State Prison for selling heroin in a school zone. She immediately shacked up with a huge black dude who ended up taking her away to Florida.

We sold the condo in January 2019, so no more Section 8 stories. It was an interesting 12 years as a condo owner. Now we’re just renters.

UPDATE 2021: My real estate acumen has been proven once again. We had the condo up for sale for 3 years without a nibble from 2016 through 2018. We finally sold it for $240,000 – an $85,000 loss after 12 years. The condo above ours just sold for $389,000, two years after we sold. At least I got that big tax writeoff.

Update 2022: Condo in my old complex sold for $489,000 in the last few months.

Enjoy

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TBP AS AN ECONOMIC INDICATOR

Based upon the results of TBP as we approach the halfway mark of this year, I would say the economy is in the toilet.

Oddly, page views are up dramatically versus last year, while advertising revenue and donations are in the shitter compared to last year. The charts below are a little hard to read, but show page views year to date are up 16% and are tracking to get back to near the 12 million mark we achieved in 2021 and 2022. In case you’re curious, the month in green was the denial of service attack month when TMWNN rode to the rescue and kept TBP alive. Otherwise this place would not have been around for the last ten years.

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Similarities With 2000 Are Growing at Alarming Pace Amid Unreal AI Expectations

I’m sure this time is different. The stock market will never crash again. Keep believing that.

Guest Post by Lance Roberts

More than a few individuals were active in the markets in 1999-2000, but many participants today were not. I remember looking at charts and writing about the craziness in markets as the fears of “Y2K” and the boom of “internet” filled media headlines. It was quite the dichotomy.

On one hand, it was feared that the turn of the century would “break the computer age,” as computers could not handle the date change to 2000. However, at the same moment, the internet would turbocharge the world with massive productivity increases.

Back then, the S&P 500, particularly the Nasdaq, rallied harder each day than the last. Market breadth looked pretty weak, as the big names were soaring, forcing indexers and ETFs to buy them to keep their weightings. The reinforcing positive feedback cycle fueled markets higher day after day.

I remember those days clearly. It was the “gold rush” of the 21st century for investors.

Nasdaq Chart

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There is an Upside

Guest Post by Eric Peters

As bad as things are, there is one good thing that has arguably come of it all. It is that probably half the country – and if we’re lucky, it’s more than that – no longer assumes the government is benevolent.

This is a very different thing than the previous assumption that the government is merely incompetent.

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Authorities Warn Of Con Artist Scamming Dementia Patients Out Of Billions Of Dollars

Via The Babylon Bee

U.S. — Authorities are warning that a con artist is currently on the loose and scamming elderly dementia patients out of billions of dollars. They are urging anyone who sees the suspect to call law enforcement immediately.

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Biden Claims the Violent Crime in Your Community is a Figment of Your Imagination (Hint: It’s Not)

Guest Post by amuse

President Biden and his willing accomplices in the mainstream media would have you believe that violent crime in America is at a 50-year low, a narrative eagerly parroted by so-called fact-checkers at Politifact. The reality, however, is far from what they claim. The only thing at a 50-year low is the integrity of violent crime data. Less than a year after taking office, Biden’s administration had the FBI dismantle the long-standing crime reporting system, replacing it in 2021 with a new, ‘woke’ system that is optional for state and local law enforcement agencies to use. As a result, at least 6,000 law enforcement agencies aren’t providing data, meaning that 25% of the country’s crime data is not captured by the FBI. This deliberate underreporting skews the statistics, painting a falsely optimistic picture of public safety while real Americans continue to suffer from rising crime rates.

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Your Vote Won’t Stop Higher Taxes, And Here’s Why

From Peter Reagan for Birch Gold Group

We already know that Bidenomics hasn’t helped American families in their economic struggles.

Persistent inflation and higher taxes have already taken their toll on family budgets.

Back in April 2023, the Department of Ways and Means Committee Chairman Jason Smith chimed in on the financial devastation that just one Biden term has imposed:

The Biden Administration’s $10 trillion spending spree sparked and fueled this crisis. Instead of focusing on helping workers, the Biden Administration pushes for 87,000 IRS agents to audit middle-class families and tax credits for the wealthy to buy electric vehicles. Those are not solutions that will bring American families – who have seen $10,000 stolen from their wallets – relief.

In terms of tax hikes, the United States Senate Committee on Finance added their comment in March 2023:

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David Stockman on the Federal Reserve’s Inflation Confirmation Fallacy

Guest Post by David Stockman

The reason for the dangerously high growth rates of Fed credit is what might be termed the inflation confirmation fallacy. That is to say, once high inflation broke out for the first time in peacetime history, flummoxed mainstream economists soon embraced the notion that the central bank should midwife a gentle, gradualist cure by “accommodating” some significant part of the rising price level, lest a too stingy growth of Fed credit would cause real interest rates to soar and bring the economy to its knees.

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Putin Names Two Conditions For Ending The War ‘This Very Minute’

Via ZeroHedge

Russian President Vladimir Putin in a Friday speech addressed the West’s efforts to host a major Ukraine peace summit in Switzerland this weekend. Though scores of world leaders will be there, Russia has not been invited, and China has snubbed the event citing that it’s pointless without Moscow’s representation given it is a party to one side of the war.

Putin outlined his “conditions” for peace. He said for the military operation to be halted Ukrainian forces would have to withdraw from the four regions annexed by the Russian Federation. “Ukrainian troops must be completely withdrawn from the Donetsk People’s Republic, the Luhansk People’s Republic, Kherson and Zaporizhzhia regions,” Putin said in a televised address.

AP/Getty Images 

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Russia Nuclear Hypersonic Missile Checkmates 700 NATO F-15s – U.S. Dark Plan

West has declared ‘war without rules’ on Russia – Medvedev

Via RT

There should be virtually no limits on how Moscow retaliates for the “maximum damage,” the former president has argued

Moscow should use every opportunity to inflict “maximum damage” on Western nations that have declared a “war without rules” on Russia, former president Dmitry Medvedev has argued.

Every weakness of the US and its allies should be exploited to undermine them and obstruct life for their citizens, the Russian official said on Thursday, reacting to the latest round of sanctions announced by Washington earlier this week.

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Top 13 Enemies of Food Freedom

Guest Post by Tracy Thurman

Bayer, Cargill, Bill Gates, the Rockefeller Foundation, the WHO and the WEF are among those waging a war on our food supply.

In every war, there is necessarily an enemy force, and the war on our food supply is no exception.

My previous article addressed the ongoing attacks on farmers across the globe. In today’s article, we will look at some of the culprits behind this agenda.

For anyone who delved into the entities behind the tyrannical COVID-19 policies, many names on the list below will seem quite familiar.

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G7 Dancing with Russian Assets and Poking the Bear

Guest Post by Martin Armstrong

The G7 (Group of Seven) leaders reached an agreement on June 13th to utilize frozen Russian assets in their continued support of the war in Ukraine. However, they dance very carefully with the bear. They are NOT handing the actual assets to Ukraine – the most corrupt country perhaps in the world. The Pandora Papers revealed that Ukraine had the highest number of politicians from any country with a secret offshore account. Even Forbes Magazine said that Ukraine owes it to the West to clean up the outrageous corruption. Foreign Policy Magazine asked how deep does the corruption in Ukraine run? The joke in the US is that Biden Administration has created more billionaires than any other administration in history. They all just so happen to be in Ukraine. Others are asking should they just send their income tax directly to Zelenskyy?

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IMF Digital Currency to Replace the Dollar

Guest Post by Martin Armstrong

Years ago, when I wrote that Bitcoin was created by the NSA, some Bitcoiners attacked me and insisted that Satoshi Nakamoto was the creator of Bitcoin.  Yet someone who created such a product never stepped forward and would have been a billionaire on royalties. But this fictional character was not much different than Lee Harvey Oswald, who the CIA has insisted killed JFK with his magic bullet. At least with Oswald, there was a real man who they cleverly ensured he would be killed to deny any trial. Then, the CIA refused to release files to cover up the entire affair.

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