The Kids Lead the Way

The Kids Lead the Way 

 

It’s all very sketchy and deeply unsettling.  Americans are living through a time of great evil, a considerable amount of which emanates from our own government, the duopoly, our elected representatives, and the oligarchy.  Americans, therefore, have a duty to speak, to march and be heard.  Power concedes nothing w/out a demand. 

 

In times of great evil, we no longer have the luxury of remaining civil… in our discourse and protests.  We must call out great evil for what it is, frequently and often.  The wealthy and their henchmen, corrupt politicians addicted to power and the corporate MSM… count on & rely upon our civility, as cover and to hide their crimes of civilian genocide, mass murder of children, and endless profits from endless wars. 

 

Nothing less than immediate cessation of all hostilities & the immediate creation of the State of Palestine should be called for by all world leaders.

 

-       Genocide & the Fall of Western Credibility, By Gregg Wall (October 28, 2023)

 

 

By Gregg Wall (5-11-2024)

 

For many it’s been a really dark period.  The entire episode, since October 7, has been both eye-opening and galvanizing… millions and millions who were once pro-Israel or maybe ambivalent have had to rethink everything (in the face of Western corruption, certitude by Western elites surrounding the righteousness & right to commit mass murder, and repugnant Zionist leadership).  Genocide and the mass murder of children tends to have that effect.  An outfit called AIPAC Tracker, on X, names names and how much politicians have taken in from Israel and it's not pretty:  POTUS Biden $11.2 million; Senator Rubio $1.0 million; Senator Schumer $1.7 million; Rep Jefferies $1.3 million; Senator Fetterman $244K; Trump $1.0 million; Senator Graham $1.0 million and the list goes on and on.  Can you say, ‘compromised’? (One has to love the audacity of paying Israel $300 billion, since 1948, only for Israel to turnaround and buy the U.S. congress with American taxpayer money, or is that antisemitic to say?)  And without variation, in lockstep, Team AIPAC dutifully repeats their talking points over and over, as if they were members of the Israeli government.  I can barely stomach the American MSM news organizations but if you tune in, they too, parrot the same narratives, long discredited: the right to self-defense, no matter how disproportionate the response; Hamas must be brought to justice (no matter the thousands of women and children murdered by Israel and the U.S., no matter that Hamas is less than 1% of Gaza), and the lie to end all lies, anybody who disagrees with Bibi is an antisemite.  Trust me, given the damage the PM has done to America and Israel, Bibi - and his cabinet and billionaire sponsors - are the greatest antisemites on the planet (although Biden certainly is making a major contribution).

 

All this, despite, as reported in Haaretz, Bibi Netanyahu (aka Mr. Hamas) is trusted by less than 5% of the Israeli population.  All this, despite the fact, that Biden has consistently plumbed the depths of abysmal public approval ratings, and Congress has an approval rating of 13%.  Looks likes the crooks in the political class, in Israel and the United States, have a great deal in common. 

 

Meanwhile, the steady stream of devastation, destruction, murder, and great violence are jaw dropping.  No wonder congress wants to kill 1A, the Constitution, civil liberties, and social media (especially TikTok).  And still, congress, who can never seem to find a dime for the American people, shovels billions and billions at the genocide in Gaza and the war in the Ukraine, $95 billion in the latest authorization.  (The national debt is out-of-control, to such an extent the IMF is issuing warnings).  And the congress completely ignores the fact that Bibi funded, supported, and underwrote Hamas for fourteen years.  That Hamas operated inside Bibi’s Gaza prison camp. That ultimately, per Israeli press, Bibi was the beneficiary of the October 7^th attack.

 

Just how corrupt and racist are the members of congress?  Well, they are perfectly okay funding and authorizing a genocide, at last count some 35,000 souls, with approximately 10,000 more unaccounted for, and 14,000 children dead.  Absolutely wretched.  Of course, this doesn’t stop the Senate from demanding that the International Criminal Court not issue arrest warrants for Netanyahu and assorted thugs in Bibi’s cabinet.  In terms of ICC charges, as Israeli leadership goes, so goes the congress that is funding this entire nightmare.  This also doesn’t stop the Biden Admin from indicating - in a pending report - that Israel has not violated international law, when Politico goes on to write the administration contradicts itself, hedges, and says that Israel has violated international law???

 

And then there’s the absolute contempt that drips from members of congress for peace protestors, students, college kids, who have made the simple demands for a ceasefire (along with the majority of Americans, including 80% of democrats) and that university endowments divest from defense contractors… hardly radical stuff.  And the response from federal, state, and local governments, many of them run by Dems: goon time, police state hooligans, violence, mass arrests, and like Israel’s response in Gaza, a complete militarized overreaction by the American establishment against peace protestors & very young adults.  Unvarnished thuggery. 

 

And congress and America have not seen anything yet.  Wait until the kids discover the American economy and good jobs have been hollowed out, liquidated, offshored, and consolidated into America’s totalitarian monopolies & utilities.  Wait until they discover systemic racism is embedded throughout the U.S. economy and healthcare and life itself are rationed.  Wait until the kids learn they’re indentured into trillions in national debt:  $39 trillion and counting for Wall St bailouts, corporate welfare, endless war, empire, colonialism, propping up the stock market, the perpetuation of the necro-death-economy.  All so that repugnant boomers can be filthy rich.  When people have nothing, are deep in debt, and they are systemically preyed upon, blowback inevitably occurs.  And what will a pampered and privileged gerontocracy’s/kleptocracy’s response be then? 

 

Cop city?  What happens when the establishment starts locking up white kids and young jews merely for protesting, The United States of Racism and Greed… our failed necroeconomy?  Or for stealing a loaf of bread? 

 

It’s ugly and it adds up to what many have known for some time, the United States is no more a democracy than China or Russia… and at least China doesn’t run around the globe attempting to backstop their economy with endless war, murder, and colonial subjugation and violence, so a few can cash in. 

 

 

 

 

 

It's really not fun to write about this every day.  I wish things were different.  I wish America was exceptional instead of tyrannical.   I wish America was indispensable instead of its leadership feared and loathed by the Global South, and yes, by America’s citizens.  I would love to believe the propaganda, the fairy tales, and lies we were all raised on… but increasingly that America no longer exists, if it ever did.  The middle class has been buried in a shallow grave.  It’s different when you are white and male. Although my life has been no picnic, I look at how blacks, gays, minorities, and women are treated in the U.S. and it’s absolutely disgusting.  And the folks America bombs to death overseas because they are brown or black skinned, and possess resources coveted by Western multinationals and oligarchs …  it’s why I celebrate every time I see erosion in America’s failed status quo (because I want to see the United States do well, I want to see the United States get better, reformed… I want to see all Americans do better).  But like a twelve-step program, American elites and the political class won’t even acknowledge the country is badly managed and that we have serious, serious problems. 

 

It all rolls up to a complete lack of accountability, arrogance, and avarice.

 

And the bright spots?  The young adults laying it on the line on the campuses, who have been radicalized by boomers, debt, many witnessing first-hand how their parents scrape by, the necroeconomy, an alleged democracy that continuously ignores the needs of the American people, corruption and racism that is built into the Great American Death Machine.  Outside agitators?  Really?  Who needs outside agitators to radicalize the kids when we have entirely corrupt state & federal governments, billionaires, the outside agitator of the State of Israel, imperious Washington, and greedy Wall St.? 

 

What other disinfectant and sunlight is coming this way?  The long prayed for arrest warrants from the ICC… may they come and soon, and may the warrants not be limited to the Israeli government.  More positive energy?  The fear that has finally taken hold of the Biden Administration, as it dawns on the party that Biden is toast and the Chicago Dem convention is likely not going to be the party they planned.  Did these idiots really believe they can murder thousands of innocent children, alienate their political base - repeatedly, blow off entirely their 2020 promises, and get away with it?  

 

It's 2016 all over again, and even snot-nosed Hillary is lurking around… like the bummer she is.  I don’t know whose decision it was to bring Hillary onboard Biden-Harris 2024 but Hills is the kiss of death.  A woman scorned, like Bill, by the American people and for very good reason.

 

And the final bright spot… the UN voted Friday, sidestepped the U.S., and started to further recognize Palestine.  Long, long overdue and a slap in the face to the United States government and every Western lackey government that follows America’s lead. 

 

Selah.

Copyright JM Hamilton Publishing 2024

Neoliberalism is Dead

Neoliberalism is Dead

 

The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long run growth of the monetary and credit aggregates commensurate with the economy's long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.

 

-       Section 2A Monetary Policy Objectives

 

By Gregg Wall (3-16-2024)

 

Neoliberalism is dead, buried – like an avalanche – under the crushing weight of bank & billionaire bailouts, corruption, failed duopoly, greed, predatory monopolies, oligarchy, and endless for-profit wars.  America increasingly reduced to the status of a banana republic, its government for sale and rent to the highest bidder.  So entirely corrupt & lost, so ignominious and yet foreseeable the fall, America fails to shock… perhaps the only thing surprising is how insular & thin the bubble Dem and GOP grandees, the MSM talking heads, and their owners all dwell within.  Entirely lost in the lies, fiction, and narratives they attempt to sell the public. 

 

Perhaps there’s no better example of America’s precipitous fall than the attack upon freedom of speech, as congress, in record-time, came together in near unanimous bipartisan support for the TikTok ban this week.  You know Washington and AIPAC have entirely lost the narrative (w/ far too many facts running directly counter to the American/Israeli storyline), and have no legitimate response, when they - like a despotic regime – have begun to outlaw speech and attack online communications & networking.  The lies are stacking up so fast… put out by the Biden administration, Bibi, & the MSM… that major news organizations no longer have any credibility.  Absolutely pathetic.  Seems that the majority of America’s youth, the under 35 crowd, no longer believe the Boomer establishment, the lies and the propaganda. Gerontocracy has grown fetid, rotted, high on its own supply, and lazy. 

 

What could have turned off the younger generations?  Perhaps it’s the endless wars, the cataclysmic national debt, the massive transfer of wealth and welfare to the connected and the powerful… or simply, the endless litany of lies and unfulfilled commitments Biden promised in 2020 to get elected.  Maybe it’s the predatory monopoly economy that destroy jobs, opportunity, innovation, and continually – w/ no reason other than greed – uses it totalitarian power to dictate prices, wages, government policy, and foreign policy.  It’s all a lie.  Everything we’ve been taught. Unelected, unaccountable Boardroom & C-suite dictatorships with horrific, unimaginable powers have turned the United States into a totalitarian state (with just the fig leaf of a failed, entirely corrupt, two-party system).  In the span of my lifetime, America went from having a thriving middle class to a two-tiered society: the haves and the have nots. 

 

The younger generations, they know.  They see with their own eyes how their parents live, or their grandparents lived.  They are willing to work and put in the time, but the opportunity is simply not there.  The economy is consolidated and w/ that consolidation, a large number of well-paying jobs are eliminated.  Child poverty is rising, suicides rising, the planet burning, tent cities growing more numerous, deaths of despair on the rise, greed – masquerading as inflation – has sent the cost-of-living spiraling out of control, obscene wage & wealth inequality, artificial and contrived scarcity… entirely manufactured… so a few can profit, and the icing on the putrid cake:  catastrophic national debt forever used as an excuse for endless austerity.  

 

 

 

 

 

 

The systemic corruption, the capture of the nation by a predatory few is deeply upsetting, unsettling, and is already setting off blowback, paroxysms, and a revolution in thinking and attitudes. Sclerotic, entirely corrupt leadership tends to have that effect.  And at the epicenter of all sits the Federal Reserve.  No other nation in the brief history of humanity has been gifted with so much power and privilege, as that afforded to the Federal Reserve; and no other nation in the brief history of humanity has squandered and wasted so much power and privilege in the span of a little over three decades (in a violent orgy of corruption & greed).  Unprecedented greed and corruption in the form of for-profit wars, for-profit empire, financed colonialism, privatization schemes, tax cuts for the uber-wealthy, the massive transfer of wealth, inflated asset values for the rich, endless Wall St bailouts, the aforementioned economic consolidation into a totalitarian economy, and the buyout of the U.S. government itself… all it funded by the Federal Reserve and monetary policy.  One endless supply of socialism and welfare mainlined into the arms of oligarchy, multinationals, and the political class; and one big F.U. to the American people, seventy-eight percent of which now live one pay check away from humility or are already on the streets. 

 

Neoliberalism is dead, flatlined, braindead… kept alive, in a zombie state, by an endless infusion of what Wall St likes to call ‘liquidity’ or in more common terms, bailout money.  As I noted last November, the U.S. economy is kept alive on an endless diet of money printing and war.  Otherwise, the economy is actually shrinking, failing to grow, and it certainly isn’t taking care of the vast majority of Americans.  Not only does the economy ride on unsustainable debt and aimless wars… but crushed and suppressed labor also keeps the house of cards afloat (with low wages and lousy benefits, see for-profit healthcare).  Someone has to pay for all those extravagant CEO pay packages and it's generally labor. 

 

Every time a crisis occurs the congress is bailed out of any tough decision making or choices, and the Federal Reserve steps in with a catastrophic flood of money and debt.  Every time the economy falls down, it’s understood that no questions are to be asked, and no scrutiny from the public or our ‘democratic government’ is to occur, so increasingly the Federal Reserve and monetary policy becomes the de facto solution. 

 

But if we carefully examine the FED policy objectives … endlessly bailing out our failed libertarian economy, endlessly propping up fiscal malfeasance, and financing catastrophic debt and wars… appears nowhere in the FED’s mandate.  Four successive FED chairs have enabled gross corruption, avarice, incompetence, and the abdication of responsibility & accountability, by both congress and America’s private sector. 

 

In fact, what can be clearly argued is that the FED’s monetary policies of continuously financing catastrophic debt and fraud, endless wars, limitless bailouts, bottomless corporate welfare, and billionaire & multinational entitlements… the consolidation of the economy into monopolies… has had disastrous consequences for the FED’s true mandate, that of maximum employment (of well paying jobs) and stable prices.  Funding the creation of a monopoly economy, via easy money, where unelected, unaccountable CEOs dictate prices, wages, and government policy … along with runaway national debt… clearly, is both detrimental and destructive to labor, families, children, the American people, and the long-term viability of the nation.  

 

America needs a new FED chair with a new outlook, and renewed commitment to FED policy, instead of the myopia that surrounds the latest four FED chairs… who constantly hold up labor as an excuse for bailing out a failed economic model, Wall St., and the perpetuation of a bankrupt status quo.  In summary, it’s long past time to cut up the Democratic and Republican parties’ credit card… for endless wars, empire, wholesale fraud & corruption, a failed supply-side paradigm, genocide, limitless private sector bailouts (with credit card privileges extended to oligarchy, multinationals, and Wall St).  

 

None of that is in the FED mandate. With the Congress cut off, real conversations can begin about what to do with the national debt run up by an ultra-corrupt gerontocracy, from taxing great wealth to writing down, slowly, the national debt (in whole or part), to eliminating billionaire entitlements.  Cuts to Social Security and Medicare should not be entertained. 

 

The American people have had enough fraud. 

 

Copyright JM Hamilton Publishing 2024

Wretched Hive …

Wretched Hive … 

 

The latest cover story of the Economist, which every year puts out an issue that tries to define the Davos zeitgeist, bemoaned the “new logic that threatens globalization.” It decried the Biden administration’s “abandonment of free-market rules for an aggressive industrial policy,” pointing to subsidy-laden programs to power the United States’ green transition as well as new efforts to make the nation a hotbed of semiconductor manufacturing.

 

All of this, the classically liberal Economist argued, has “set off a dangerous spiral into protectionism worldwide” and frays the global order that the United States spent decades creating and securing in the aftermath of World War II. It may even imperil “the causes of liberal democracy and market capitalism.”

 

-       The worry in Davos: Globalization is under siege

 

For every action (force) in nature there is an equal and opposite reaction.

 

-       Newton’s Third Law

 

By Gregg Wall (1-21-2023)

 

It’s that wonderous time of the year again, where the ultra-wealthy gather in Switzerland to do group hugs, luxuriate in their own madness, and pontificate to each other and a bowing & scraping international news media (wholly owned & sponsored by the very same billionaire, blowhard, Davos attendees). 

 

Talk about your global warming.  There’s enough gas and hot air coming out of Davos to tip the scales and set off a climate catastrophe.  Never in the field of human conflict was so much owed by so few frauds to the whole of humanity.

 

These people, the kleptocracy, chronically & pathologically fail.  It’s really all billionaires do.  The pandemic has shown that globalization is a complete disaster, see ever spiraling inflation and consumer price gouging.  Libertarian ideology has clearly illustrated that the private sector, left unregulated & unsupervised, always metastasizes into cartel and monopoly.  And cartels and monopolies prey upon consumers, labor, and democratic governments.  It’s no accident that Oxfam has reported that wage & wealth inequality has soared, with the one percent capturing two-thirds of all newly created wealth (since 2020).  And the source of that wealth, governments printing up trillions and trillions in debt and bailing out the Davos masters of the universe, again and again.  In the U.S. alone, billionaire capital of the world, the national debt spirals out of control, from under ten trillion before the 2008 financial crisis to thirty-five trillion today (including $4 trillion in money printing under the CARES Act).  

Tell me, does that sound like the well-oiled, fully functioning, capitalist machine we were all brainwashed about, even before exiting the womb???

 

Endless for-profit wars plague humanity as does the United States empire and the military industrial complex.   The constant lies the Davos cognoscenti spin to justify their existence and their religion – synthesized, unmitigated greed – ring patently false.  Market based solutions and privatization are little more than ways to defraud governments, taxpayers, and kickback to co-conspirators in government: the ubiquitous, narcissistic, centrist, corporatist politician.  And politicians will go out of their way – with endless culture wars, homophobia, law & order spin, misogyny, and race baiting (aka divide & conquer) - to avoid debating and talking about the twin failures of the last forty-two years: supply-side economics and trickle-down monetary and tax policies. 

 

The polycrisis in the Davos/McKinsey world?  Blame rests squarely on the predatory Davos man.

 

You could jail the lot of them, and the world would not skip a beat.  In fact, humanity would instantaneously be better off, with their wealth confiscated and redistributed.  In the same manner that nation-state credit lines were transferred to a predatory few, in billionaire after billionaire bailouts, stock market after stock market bailouts.  The debt and stock markets being little more than money laundering operations, and the source of kickbacks for day trading politicians. 

 

 

 

 

 

The reality, humanity could immediately do infinitely better by reversing course on the Davos elites' policy prescriptions.  Instead of tax cuts for the rich, rewrite the tax code to make it infinitely simpler and progressive, including a substantial tax on wealth.  Eliminate market concentration and breakup cartels, monopolies, & utilities to foster the economy, jobs creation, higher wages, and innovation.  Dump privatization for nationalization in key industries, like Big Pharma, energy, defense & military production, healthcare, retail banking, and tax prep (just for starters).  The globalized world we presently live under now – the one world order the Davos elite crave – eliminated, in favor of local and responsive governments, supply lines, & industries.  Supranational governing bodies and international NGOs abandoned for far greater accountability & democracy.  Recognizing deregulation & market-based solutions - when captured by billionaires, monopolies, and rigged markets – for what they are, a failed business model that is a shortcut to human misery and tyranny.   Destroying the world with fossil fuels, while gaslighting humanity with ESG, carbon credit, and net-zero fairy tales: dump it.  Dump it all. 

 

We could go on, and on.  But don’t take my word for it.  Davos elites, their belief systems, and their henchmen in political power are being roundly rejected by humanity & voters. Humanity is rejecting centrism, corporatism, & supranational bodies in favor of politicians, political parties on the right and a resurgent left.  Seems that citizens want an unaccountable, unelected elite governing & operating locally, rather than galivanting around the globe, playing nation-states off one another in a pathological and endless doom loop to the bottom.  Call it blowback, call it Newton’s third law, but it all adds up to a rejection of everything and everyone the Davos man stands for.

 

And the citizenry certainly isn’t in favor of unhinged megalomaniacs hanging out in echo chambers, bastions of group think, arguably a cult, on the slopes of Switzerland. 

 

Copyright JM Hamilton Publishing 2023