"Fear is the foundation of most governments." -- John Adams, Second President of the United States
 

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Via SchiffGold.com,

America’s trust in its institutions has rapidly eroded over the past 20 years.

We have a lower level of trust in our judicial system and elections than most European countries. Some of this is natural, as Americans are uniquely individualistic, but much of it arises from repeated government failures.

Americans generally believe that public trust can be brought back to full vigor, but the current trend of decline has not slowed. While governmental distrust is often well-grounded, a concerning increase in distrust has been seen among citizens. America’s ever-dwindling amount of freedom originally thrust great responsibility onto the citizens. With less institutional control, citizens had to both act with goodwill and hold the expectation that their countrymen were beneficent. More free-market solutions meant that citizens had to trust word of mouth and relationships rather than institutional certification. The most basic building blocks of industry would have ceased to function if Americans had refused to trust one another. The shared pursuit of individual aims under an institutional framework that explicitly limited itself arguably created more willing cooperation than any other civilization. Some have credited this high level of trust to America’s relative cultural homogeneity at the time of its founding. While a more similar cultural and religious background certainly aided the budding country, ingenuity and prosperity arose from the diversity that freedom created. Americans were able to trust one another and their institutions even as they thought and worshiped differently. America’s rejection of its trust-filled past can both reform our institutions and destroy our strength of commerce

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, ECONOMY
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Ukraine Gets Their Billions Despite CIA Director Reportedly Warning Zelenksy To Stop Stealing So Much Money

by Tyler Durden

Sunday, Apr 21, 2024 - 09:45 PM

Democrats cheered and waved Ukrainian flags, chanting "Ukraine, Ukraine!" in some pavlovian response to Congress passing a bill that will send (another) $61 billion to Ukraine with no questions asked

Rand Paul, among many others, was incensed

"Ukrainian flags fly in the chamber of the UNITED STATES House of Representatives as they vote to send more of your hard-earned money to a corrupt foreign regime. And just like that they shout “UKRAINE! UKRAINE!”while happily working to secure Ukraine’s borders, not ours."

Claire's Observations:  Anyone who voted for this, should not be allowed to run for a local dog-catcher position, let alone allegedly representing those people who "allegedly" voted them in during the last "election".  

This vote was one of the most vicious and stupid nightmares inflicted upon American taxpayers, ever.  Whatever the hell Zelinsky (read:  Mossad and IDF) has on Biden and the current crop of US Representatives must be so  unspeakably vile, that it would shake the foundations of this country to the core.

Zelinsky is well on his way to becoming a millionaire, with properties all over the world, and you are paying for that through the nose, America!!  Doesn't it make you feel "special":?!?

 

Tags: COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, ISRAEL, POLITICS/ ELECTIONS/ CORRUPTION, RUSSIA/ UKRAINE /BELARUS /CRIMEA, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE, WMD
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by The Macro Butler
Saturday, Apr 20, 2024 - 22:23

While all eyes were blurred by the unfolding regional conflict in the Middle East, Jerome Powell used the opportunity of a speech at the Wilson Economic Forum to pivot, but not in the way that Wall Street YOLO investors had hoped for over the past 18 months. In his most direct comment about the FED’s expected path for rates after the inflation boomeranged, Powell admitted that ‘recent data show a lack of further progress on inflation.’ The bond market didn’t really like that pivot, as it pushed the bear steepening further out of its ‘Halloween hibernation’.

 

 

While anyone who understands English would have concluded that the FED will NOT cut rates this year, despite the additional comment from FED’s Williams who highlighted that ‘while rate-HIKES are not the baseline, they are possible if the data warrants’ , the ‘Forward Confusion’ driven myopic Wall Street consensus still discounts more than one interest rate cut for the year, with 88% probability of the first cut to happen now in September.

 

 

As mentioned previously, on March 18th, the USD index triggered a golden cross with the 50-day moving average crossing once again above the 200-day moving average. Examining the performance of the USD since the beginning of the year reveals a trend which has taken the widespread pessimism about the dollar at the outset of 2024 by surprise. Indeed, the USD has appreciated against ALL G10 fiat currencies and all except the Peruvian Sol among the EM currencies of the Bloomberg EM currency index

Tags: CURRENT EVENTS, ECONOMY
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How many steps away from ‘no mark of the beast – no entry’ – UK tesco 1st store to implement change, checked via CCTV before entry

Tags: CURRENT EVENTS
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The Four Seasons Hotel and Private Residences at the foot of Canal Street is facing financial struggles nearly three years after opening as New Orleans’ premier luxury hotel and condominium complex, forcing its owners to seek additional investor cash in an effort to avoid having to sell the property.

Tags: ECONOMY
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In a political theater starring Lindsey Graham and Rep. Gerald Connolly, aid flows abroad, neglecting Americans’ needs.

Tags: POLITICS/ ELECTIONS/ CORRUPTION
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Market indicators flash warning: Discretionary and Staples teeter on the edge as S&P 500 hovers precariously near its 20-week moving average. Amidst cautionary whispers, even the options market hesitates, while a Reddit tale spins a tale of high-risk fortune.

Tags: ECONOMY
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By: orraz
Tags: CURRENT EVENTS
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