Biden provoking WW3 – Page 3 – The Burning Platform

IS THE U.S. BANKING SYSTEM SAFE? – 15 YEARS LATER

“We’ve got strong financial institutions…Our markets are the envy of the world. They’re resilient, they’re…innovative, they’re flexible. I think we move very quickly to address situations in this country, and, as I said, our financial institutions are strong.” – Henry Paulson – 3/16/08

“I have full confidence in banking regulators to take appropriate actions in response and noted that the banking system remains resilient and regulators have effective tools to address this type of event. Let me be clear that during the financial crisis, there were investors and owners of systemic large banks that were bailed out . . . and the reforms that have been put in place means we are not going to do that again.” – Janet Yellen – 3/12/23

With the recent implosion of Silicon Valley Bank and Signature Bank, the largest bank failures since 2008, I had an overwhelming feeling of deja vu. I wrote the article Is the U.S. Banking System Safe on August 3, 2008 for the Seeking Alpha website, one month before the collapse of the global financial system. It was this article, among others, that caught the attention of documentary filmmaker Steve Bannon and convinced him he needed my perspective on the financial crisis for his film Generation Zero. Of course he was pretty unknown in 2009 (not so much anymore) , and I continue to be unknown in 2023.

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US Reaper Drone Downed Over Black Sea In “Incident” With Russian Jet

Via ZeroHedge

Update(1328ET): The US military statement of events, blaming a pair of Russian fighter jets for “reckless” maneuvers which resulted in the MQ-9 drone being struck and crashing in international waters at a “complete loss”:

Two Russian Su-27 aircraft conducted an unsafe and unprofessional intercept with a U.S. Air Force Intelligence, Surveillance, and Reconnaissance unmanned MQ-9 aircraft that was operating within international airspace over the Black Sea today.

At approximately 7:03 AM (CET), one of the Russian Su-27 aircraft struck the propeller of the MQ-9, causing U.S. forces to have to bring the MQ-9 down in international waters. Several times before the collision, the Su-27s dumped fuel on and flew in front of the MQ-9 in a reckless, environmentally unsound and unprofessional manner. This incident demonstrates a lack of competence in addition to being unsafe and unprofessional.

“Our MQ-9 aircraft was conducting routine operations in international airspace when it was intercepted and hit by a Russian aircraft, resulting in a crash and complete loss of the MQ-9,” said U.S. Air Force Gen. James B. Hecker, commander, U.S. Air Forces Europe and Air Forces Africa. “In fact, this unsafe and unprofessional act by the Russians nearly caused both aircraft to crash.”

“U.S. and Allied aircraft will continue to operate in international airspace and we call on the Russians to conduct themselves professionally and safely,” Hecker added.

This incident follows a pattern of dangerous actions by Russian pilots while interacting with U.S. and Allied aircraft over international airspace, including over the Black Sea. These aggressive actions by Russian aircrew are dangerous and could lead to miscalculation and unintended escalation.

NSC spokesman John Kirby followed up by saying the US aircraft posed no threat to anyone, and that it was operating in international airspace. He additionally confirmed it was brought down in international waters. Presumably there may be a recovery operation underway.

Kirby stressed in a briefing, “If the message is that they want to deter or dissuade us from flying and operating in international airspace over the Black Sea, that message will fail.”

NSC's John Kirby says that intercepts of planes and drones are common, but this is the "first time an intercept resulted in a splashing of one of our drones"

— Paul McLeary (@paulmcleary) March 14, 2023

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MARCH OF FOLLY: FALL OF AMERICAN EMPIRE

“Folly is a child of power.” ― Barbara W. Tuchman, The March of Folly: From Troy to Vietnam

“A phenomenon noticeable throughout history regardless of place or period is the pursuit by governments of policies contrary to their own interests. Mankind, it seems, makes a poorer performance of government than of almost any other human activity. In this sphere, wisdom, which may be defined as the exercise of judgment acting on experience, common sense, and available information, is less operative and more frustrated than it should be. Why do holders of high office so often act contrary to the way reason points and enlightened self-interest suggests? Why does intelligent mental process seem so often not to function?” ― Barbara W. Tuchman, The March of Folly: From Troy to Vietnam

The term “folly” is particularly apt at this stage in the decline of the great American empire. Folly is defined as: criminally or tragically foolish actions or conduct; an excessively costly or unprofitable undertaking. If ever a word captured the actions of American political leaders in the 21^st Century and reflect the tragic downfall of an empire borne out of the ashes of the Second World War, it is the term “folly”.

For the last two decades I’ve been befuddled by the inane foolishness of our leaders, as they have driven the nation into a bottomless pit of debt at an astoundingly ridiculous pace, initiated military conflict across the globe, and in the last three years initiated anti-human policies guaranteed to destroy our economic system, depopulate the planet, increase human suffering, and turn the world into a techno-gulag where we will own nothing, eat bugs, and bow down to the commands of globalist overlords.

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2023: FOURTH TURNING MEETS MASS FORMATION PSYCHOSIS (PART 2)

In Part 1 of this article, I laid out the mass formation psychosis theory postulated by Mattias Desmet in his book The Psychology of Totalitarianism and how totalitarian minded politicians and bureaucrats manipulated the masses by creating the covid crisis. Now I will focus on how this will impact the Fourth Turning we are currently trying to survive.

Decades of social indoctrination and degraded ability to think critically has left most people hopelessly unable to resist the vitriolic opinions of those under the spell of coronavirus mass formation. Even though they didn’t necessarily believe the covid narrative, especially when it became clear only the very old (especially when tyrant governors inserted infected patients into nursing homes) and the very obese actually died with covid, these people still went along. Even the CDC admitted only 6% of deaths were attributable to covid alone.

Based upon research like the Milgram Experiment, we know average people will obey authority without question, even when they know their actions are causing pain. The conformity research done by Solomon Asch explains why a huge percentage of the global population just conformed to what appeared to be a majority opinion. Asch’s experiment had 8 test subjects, but 7 of them worked for Asch. They asked them which line was the same length as Exhibit 1. The 7 Asch employees answered C. Only 25% of the case subjects consistently answered A. They were cowed into giving a patently absurd answer due to peer pressure and lack of faith in their own judgement.