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QUOTES OF THE DAY
Tag: Calvin Coolidge
FOURTH TURNING 2022 – BAD MOON RISING (PART THREE)
In Part One & Part Two of this article I laid out how those in power have used the power of propaganda and the psychology of fear to weaponize a flu to further their Great Reset agenda, while ensuring an economic and financial collapse through the issuance of trillions in unpayable bad debt. In Part Three of this article, I will examine how the civic decay in our society, created by the ruling class, will coalesce into a bloody firestorm of death and destruction during the remaining years of this Fourth Turning.
“One does not establish a dictatorship in order to safeguard a revolution; one makes the revolution in order to establish the dictatorship.” ― George Orwell, 1984
“The masses never revolt of their own accord, and they never revolt merely because they are oppressed. Indeed, so long as they are not permitted to have standards of comparison, they never even become aware that they are oppressed.” ― George Orwell, 1984
There had been a theory discussed a few years ago regarding the nature of Fourth Turnings alternating between externally focused and internally focused. It is more about the key drivers, as all Fourth Turnings are impacted by domestic and foreign influences. Even though the sample size is small, this Fourth Turning appears to be following the alternating pattern. The American Revolution was driven by conflict with a foreign power (Great Britain), with another foreign power (France) tipping the scales in favor of the patriots. The Civil War was almost entirely a domestic internal conflict, with Great Britain not fully supporting the Confederacy, and tipping the scales in favor of the North. The Great Depression was created by global central bank machinations, with World War II almost entirely fought on foreign soil, leaving the U.S. as the unchallenged leader of the free world after 1945.
Continue reading “FOURTH TURNING 2022 – BAD MOON RISING (PART THREE)”
THIS DAY IN HISTORY – President Coolidge signs Immigration Act of 1924
President Calvin Coolidge signs into law the Immigration Act of 1924, the most stringent U.S. immigration policy up to that time in the nation’s history.
The new law reflected the desire of Americans to isolate themselves from the world after fighting World War I in Europe, which exacerbated growing fears of the spread of communist ideas. It also reflected the pervasiveness of racial discrimination in American society at the time. Many Americans saw the enormous influx of largely unskilled, uneducated immigrants during the early 1900s as causing unfair competition for jobs and land.
Continue reading “THIS DAY IN HISTORY – President Coolidge signs Immigration Act of 1924”
FOURTH TURNING ECONOMICS
“In retrospect, the spark might seem as ominous as a financial crash, as ordinary as a national election, or as trivial as a Tea Party. The catalyst will unfold according to a basic Crisis dynamic that underlies all of these scenarios: An initial spark will trigger a chain reaction of unyielding responses and further emergencies. The core elements of these scenarios (debt, civic decay, global disorder) will matter more than the details, which the catalyst will juxtapose and connect in some unknowable way. If foreign societies are also entering a Fourth Turning, this could accelerate the chain reaction. At home and abroad, these events will reflect the tearing of the civic fabric at points of extreme vulnerability – problem areas where America will have neglected, denied, or delayed needed action.” – The Fourth Turning – Strauss & Howe
The quote above captures the current Fourth Turning perfectly, even though it was written more than a decade before the 2008 financial tsunami struck. With global debt now exceeding $250 trillion, up 60% since the Crisis began, and $13 trillion of sovereign debt with negative yields, it is clear to all rational thinking individuals the next financial crisis will make 2008 look like a walk in the park. We are approaching the eleventh anniversary of this crisis period, with possibly a decade to go before a resolution.
THIS DAY IN HISTORY – Calvin Coolidge takes oath of office after Warren G. Harding’s death – 1923
On this day in 1923, Calvin Coolidge is sworn in as the 30th president of the United States, hours after the death of President Warren G. Harding.
Born July 4, 1872, in Plymouth, Vermont, Coolidge was the son of a village storekeeper. He graduated from Amherst College in Massachusetts and worked his way up in the political ranks in that state as a Republican, from city councilman in Northampton in 1898 to governor in 1918. Coolidge made it onto the Republican ticket in 1920 as Harding’s running mate, and they won a decisive victory over a Democratic pairing of James Cox and Franklin Delano Roosevelt.