Covid-19 and Life

A big problem during the height of it all was the deference to who has anointed as an "expert". You have a background in economics so you surely remember the scene from the movie Big Short about how many people die as a result of unemployment numbers rising. Why economics were not a discussion taken seriously during this crisis has been a tragedy. Economics is always assumed to be about money and as we know, money is not everything in life but the heart of economics is about how society functions. Disregarding how goods and services is exchanged is to disregard how everybody survives in the world. It would be interesting to have a solid idea on how many people died as a result of the side effects of our covid response vs how many people died from covid.

 

Russell Brand coming over here for his book tour is probably the best thing that has happened to us in a long time. He literally has no agenda but to tell the truth and it is fascinating how everybody is reacting to him. As with many things, corporate corruption and greed use to be considered a pillar in progressive thinking.

 

We will never know. But the cost is far beyond what we can imagine.

 

House votes 419-0 to force The Demented One’s administration to declassify ALL information about Chinese Coronavirus origins and the Wuhan lab leaks: Bill now heads to the Clown’s desk
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• ALL members of the House voted to make documents on Chinese Coronavirus origins public; and
• Intelligence community will have 90 days to turn over documents if bill is signed by The Demented One.

The bill was previously passed by the Senate earlier this month.

Will The Demented One veto it? We shall see.

See:
https://www.dailymail.co.uk/news/ar...9-0-declassify-information-COVID-origins.html

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Presenting an opposing view, well actually, one that agrees with what I have stated above:



I came across this Twitter post this morning:

https://twitter.com/ScottAdamsSays/status/1634175669222645761


Sports cardiologist: ‘no increase in cardiac arrests among athletes’



Which mentions the National Center for Catastrophic Sport Injury Research (NCCSIR)

I don't know how well known their project is in the sports industry, but they collect information directly from the public. This MAY speedup data collection, if they are.

This isn't to say there hasn't been a significant increase in cardiac deaths, and related causes, as the information I present clearly indicates there has been.

The believe in "Witchcraft" and "Evil Spirits" owe their origin in part to healthy appearing young people dying suddenly while performing daily activities, with no visible signs of a cause.

Media of all types loves to create "Clickbait."

 

We are beginning to see the results of the latest Fed Money Printing Bubble, and no one knows exactly how it all plays out.

Two examples from past 24 hours:


Bank Stocks Got Wacked: Between a Rock and a Hard Place as Banks Run Out Free Money


SVB Financial/Silicon Valley Bank Shares Collapse 55% Today, 84% from Consensual Hallucination Peak, as it Shores Up Balance Sheet & Liquidity to Face the Future


It created the "Everything Bubble," which drove up all asset prices, but somehow this didn't adversely affect the average global citizen until Covid-19. As if, everyone doesn't require housing they can afford.

It is only beginning, as right now it has affected Money Burning Start Up Companies that have never generated a profit during more than ten years of existence, despite burning billions of dollars, and the public side of the housing market, i.e. Real Estate, but as house building slows down, it will trickle through the entire economy.

Powell says one day they are planning to increase interest rates, but when Wall Street panics, the next day he says, well it isn't written in stone, just yet.

There are two sides to the reduction in money supply, increased interest rates charged by the Fed when banking entities borrow money, and the Fed burning imaginary money, commonly known as Quantitative Tightening.

 

A Little Humor:



https://twitter.com/MillennialOther/status/1633877478287773696

If you don't know, Bari has a female partner.

 

While technically he can, but going up against a rare unanimous vote, they could easily override his shaky pen.

 

Unfortunately, this situation went from bad to worse today, and things are starting to Domino effect through the companies that conducted banking with this bank, which was seized, shutdown, and its assets handed over to a new banking entity. I wont say more here. Those curious can learn more if they desire.

For those in the US at least, our money is protected by the FDIC.

"The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category."​

 

the proof always comes out

 

The Bloom Is Off the Ruse

Neil Oliver Laments the Current State of Affairs Against the Backdrop of Hollywood Movie Scripts
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In his weekly monologue, U.K pundit Neil Oliver takes the occasion of the 2023 Hollywood Oscar film awards to overlay the current state of theatrical horsepucky from the professionally political.

As the Chinese Coronavirus narrative collapses around them, the rulers who justified their fiats under false pretenses are naked to the sunlight of truth. The people are awake; the lies are easy to see; the gig is up; the bloom is off the ruse… We are watching, and the elites are not comfortable now. WATCH:



“... One day, of course, a wolf comes ... a real wolf and when that same fool cries wolf again no one comes to help. The fool is eaten by the wolf and why? Because they lied, and lied again, until the people who might have helped them had no reason to believe them, far less trust them.

Boris Johnson pushed nonsense about the danger of Covid. So did Rishi Sunak. So did Michael Gove. So did Jeremy Hunt. So did Keir Starmer and scores of others. They pushed nonsense about how to handle it as well, nonsense about Scotch eggs and stickers in the aisles of supermarkets, hand washing, face masks, social distancing and the rule of six. They pushed nonsense when they knew it was nonsense while they partied together, drank together and danced together and laughed up their sleeves together about what a bunch of mugs we were.

They cried wolf. Now there’s talk about pushing more mRNA jabs … next time for TB and smallpox and diphtheria and the rest. But what happens when billions of people have no trust whatever in that science, in those products from Big Pharma? What happens when the trust is gone?

More and more people around the world have stopped listening to scientists and stopped trusting scientists. They have also stopped listening to the cries of wolf. If a real wolf comes in the future – and there are more wolves out there than just invisible viruses – millions of people will refuse to listen to the alarm.

And now that the trust is gone, for so many people, more and more are questioning everything else they’ve been told by the same characters about what’s going on in the world. More and more people look at the lies and manipulative propaganda they were fed for the past three years about ONE THING, and rightly wonder if they are actually being told the truth about anything else ...”

(His book entitled, A History of Scotland, was published in 2009. It introduces him as “a Scottish archaeologist, historian, broadcaster and writer who has become widely known as the presenter of BBC television’s flagship 10-part series A History of Scotland.” His training was at Glasgow University.)

 

This is VERY "not good."

 

This is exactly what happened to me--for good or for ill. I no longer trust any news source, expert, etc.

 

such underhanded BS!

 

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All public hearings are purely performative and not to generate any sort of positive change. They are all so bad at acting though. You get a better performance from the 3rd grade class version of The Fiddler on the Roof.

 

The interesting thing about SVB is that they very much invest from a social justice mindset and less of a traditional bank way of thinking. A lesson on having good intentions with a desire to change the world but done through ideological eyes with an ignorance to competence in who you are trusting money with.

 

Just like those two GIANT Navy hospital ships offered to New York and Los Angeles. Thousands of beds. Almost none of them used.

 

Well, they have announced, not another bank bailout, that bails out the banks, so all is good for the moment. Stock market futures are surging up, and everyone is celebrating the end of interest rate increases, which means more inflation for the little people. There is talk of the banks offloading their bad investments on the Fed, once again. All that matters (to the wealthy) is good.

The banks are going to pay, not the taxpayers. I wonder where the banks get their money? It is amazing banks like Wells Fargo are fined $3.7 billion, and their customers don't realize THEY are the ones actually paying the fines. Doesn't say much for the mental acuity of most people.

The rough numbers I recall from earlier today is, there is $17 trillion in deposits at banks, yet only $5 trillion in physical money available, worldwide, so if we all went to a bank for our money, 70% of us would leave empty handed, or only receive a fraction of our money.

This was possibly what was going to happen on Monday, and had already begun on Thursday/Friday. I checked my nearby ATM and it appeared to still be online, so at least locally people haven't raided the banks.

Something like 90% of accounts at the failed bank exceeded $250,000, so the poor Venture Capital people who lost money screamed to their well paid politicians, and a solution was found, quickly.

Years ago a bank lost a $300 check I deposited, and I was told to pound sand.

 

Totally not PC, but good for a laugh.

https://www.zerohedge.com/news/2023-03-10/lulz-svb-website

 

TOO WOKE TO FAIL

Breaking: FDIC to Make Good All Deposits at Silicon Valley Bank and Signature Bank
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The Treasury Department announced in a joint statement Sunday evening with the Federal Reserve and FDIC that all deposits at Silicon Valley bank will be made available on Monday–with the same for Signature Bank which was taken over Sunday by New York state regulators.

“WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg:

Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.

After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors. Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.

We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority. All depositors of this institution will be made whole. As with the resolution of Silicon Valley Bank, no losses will be borne by the taxpayer.

Shareholders and certain unsecured debtholders will not be protected. Senior management has also been removed. Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.

Finally, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors.

The U.S. banking system remains resilient and on a solid foundation, in large part due to reforms that were made after the financial crisis that ensured better safeguards for the banking industry. Those reforms combined with today’s actions demonstrate our commitment to take the necessary steps to ensure that depositors’ savings remain safe.”

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See:
https://home.treasury.gov/news/press-releases/jy1337

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Hadn't really heard of Matt Hancock before this week but definitely wouldn't want to be him. Love when these corrupt individuals get called out.