No mention of the Hunter Biden revelations about Social Media and the FBI on the front page of the big DC paper this morning?
But you already knew that, right? Huge story in the tech-competent thinking class, though. Language matters: Stonewall Idiom Definition (grammarist.com) With good reason…
Miranda Devine of the New York Post is out with a shocker we already knew about. Still, worth a read, though: FBI warned Twitter of Hunter Biden ‘hack’ before censoring The Post.
Yes, if you read Ms. Devine’s lovely exposé book “Laptop from Hell” we think you’ll enjoy watching the detail pieces all fall into place. It’s a really interesting read of Pop’s world; in a pass the crack and skip the condoms kind of way.
We have no doubt nothing will happen of any consequence, though. That’s because the political will of the American people has been subverted from the highest levels via social media.
Remember: this is only the Twitter part of social. We’d propose that a person would have to be an imbecile to think this kind of police state tactic wasn’t applied to others in the discredited social realms.
Who else is (was) dirty going into 2020?
Our longstanding aversion to social media participation continues looking like a sound business judgement.
Left defenders, like the NY Times which hasn’t been, in our view, exactly even-handed in their Hunter revelations, is left twirling in the wind trying to paper over the latest Elon Musk Twitter spin stories. Elon Musk and Matt Taibbi Set Off Debate Over Release of Twitter Files. When the lies fail, diss the messengers, is it?
Attacking the messenger is a long-term play. The left-wing Gestapo is very clear what will happen to Musk if he got out of line. Three weeks back we nabbed this on Poynter: PolitiFact: Is Elon Musk under federal investigation? Here’s what we know. The aware will appreciate MediaBiasFactCheck rates Poynter are among least biased, so good chance reports of the administration pulling (puppet) strings to take Musk off the table are credible.
Beyond Our Borders
There are further reasons to believe the Hunter debacle is just getting started.
Remember how Musk got sideways with the Ukraine War choir? Questioning why there weren’t talks? And even as recently as last week, the Buyed ‘Em administration was setting preconditions on any Ukraine talks with Russia like “Give back everything in the Crimea and walk back” which drew an immediate “Are you shitting us?” from Moscow.
Another “national security” problem is what’s going on in Brazil, where it’s widely held that the Bolsonaro election was torpedoed with Bidenista help. Did Twitter influence Brazil’s elections? Elon Musk says so | South America (republicworld.com)
But, turns out, Musk may have another shell left in his double (if not triple) barrel data shotgun.
Details matter as you read Elon Musk Says He’s Seen ‘Concerning’ Tweets About Brazil Election | Tech News.
Against this background, we would not be surprised if the PowersThatBe decided to take out a “hit” on Musk. The Bidenistas need theHunter stuff to go away. Not let Bolsonaro Fix-Out or the Ukraine Manipulation get out. Apparently, Musk senses it, too. The headline Elon Musk baffles Twitter with out-of-nowhere warning that he’s ‘not suicidal’ – Daily Star doesn’t baffle smart people at all.
Smart people respectfully file this story as a followup/tickler note the “The Tree of Liberty Must be Watered with the Blood of Patriots” file.
Revelations keep dropping, though: Former FBI Lawyer Who Approved FISA Warrant To Spy On Trump (also) Helped Censor Hunter Biden Laptop Story | The Daily Caller.
Has the southern border been left open long enough for South American style politics to take root in the once great America?
History Replays: Rhymes & Times
When we look at the longer span of history, we come up with one of those “word matching” puzzles as the best mental exercise faced with revelations ongoing. Connect historical concepts in the left column with present day rhymes in the right column.
Just as the German people were whipped into a Messianic trance with the speeches by a young Adolph Hitler, railing against the crooked Weimar, so too messianic personalities have been railing a lot lately. Especially a former president who wants his job back. Trump Demands America Rip Up the Constitution, Make Him President from Rolling Stone.
Trump does have a case, now that Elon Musk is doing data dumps proving democrat controlled social media manipulation. But you’re not supposed to “remember Jack” about Twitter, right?
Notice the “usual suspects” on the Left are doing what they love most: turning hate Trump into an ongoing threat to America. The media, being too largely liberal has been quick to band wagon. Take, for instance:Nope. First you need a law…
What concerns us about Trump’s demands on Truth social is that there is no likely path to throw out a tainted election (2020 was tainted, right?) and get to a new election any faster than the Calendar will get us to the 2024 debacle, anyway. We don’t tolerate puffery any better than buffoonery.
What Trump should do – to save the Nation and his own prospects in ’24 – is to champion cleanup of voting in every state in the union. All votes going back to paper with no computers, audit trails restored, and all counting done by midnight on Election Day. Have mail in voting cut-off with final Post Office deliveries when the polls close. If people can manage their calendar, should they even vote?
Instead, we believe that anything connected to the internet can be hacked and likely has been. Take Bitcoin and the crypto mess, for example, please.
I mean, this is all great theater, and it feeds corporate leftwing media and such, but it smells worse than feedlot bullshit at every turn. Makes it tough for us three remaining rational people to keep up squared-away thinking, know what I’m saying?
Impact on Markets, PP
The Second Depression began November 8, 2021. Which is when our Aggregate Index hit an all-time high, and so did Bitcoin, a bit over $68,000. the political nightmare hasn’t come together yet: two political parties are still vying for power rather than who’s going to be left holding the steamy bag of shit when the new day dawns. Pelosi was smart to take a hike while her getting was good. Don’t let the door…
The onset of Depression II has been slow enough that you might not notice, but the reason Elaine and I invest in farm tools more than tech, and bullets more than bytes, is the early realization that overall stocks are down about 25 percent while digital assets are mostly down more than 70 percent.
Among the most crooked and criminal there will come a point when blowing up the system to cover-up their crimes will become useful. Which is when you want to be prepped and outside the 100-mile blast radius from major (target) cities. Going too fast for you?
If your plan to buy a better life isn’t based on these economic realities, like Wars follow Depressions, some quiet time with history books to ponder shared Future may be in order.
Speaking of futures, here’s where we were earlier this morning from where D2 began:
I won’t belabor the “Discussion Point” – that was Subscriber’s Only content on our Peoplenomics website.
What we will do is remind you this is what a guillotine looks like in the “ready to fall” moment. Because Third Waves is where most of the violence to the downside happens (with a small asterisk about how in Commodities, Fifth Waves can be much worse than a horrific Third).
Which makes the worst of the worst the Third of the Third of the Third. Which we expected by now, but we’re PP (patient and pragmatic).
Good News: No Bank Runs
At least, not for another year, maybe.
Instead, we are using digital proxies to work through some of that energy. Bitcoin clawed back to $17,400 overnight. Makes it down ONLY 75 percent since D2 began.
Long ago, I parted ways with a former colleague who told me I should make the price of my Peoplenomics newsletter subscriptions 10 Bitcoins. I declined, explaining that Bitcoin was a con and I wanted nothing to do with them. I later heard he’d eventually came to his senses – a good thing. All is forgiven. Life goes on.
Now, years later, what do we see? Blackrock CEO on FTX Collapse: Most Crypto Companies Aren’t Going to Be Around – Featured Bitcoin News. Our position from the get-go.
Cryptocurrencies are a New World Religion. Once some people “touch the money of God” they just can’t stop looking for converts. Oh, look: Tim Draper predicts bitcoin will reach $250,000 despite FTX collapse (cnbc.com). He’d previously predicted we’d be there this month. But, as with all religions, getting the time and place right’s a bitch.
Life’s bottom line is to get to the long-term outlook on Future as early as possible and then plan accordingly. Remember what I said about 100-mile blast radiuses and firestorm planning?
Not Just Crypto Blowing Up
My consigliere called in with a hot tip about financial cancer metastasizing. “Did you see how a Reverse Mortgage Company has gone belly-up?” Starwood-Backed Reverse Mortgage Originator Files for Bankruptcy (wsj.com) with more details at [Updated] RMF files for Chapter 11 bankruptcy, lays off 500 workers – Reverse Mortgage Daily.
For now, this is part of another financial problem on the rise: Reverse mortgage volume, HMBS issuance fell further in November.
Neither he (tax attorney/CPA) nor I have gone through the typical paperwork involved in a reverse mortgage to figure out who’s going to get screwed. One way the paper might work is like in any other default, if the reverse mortgage seller (in effect a home buyer) defaults, does the property revert to the seller if the payments stop? How many payments can the reverse mortgage company miss before there’s a breach? That kind of thing.
Bottom line is? How long will reverse mortgage payments keep coming IF the mortgage costs more than the (declining) seller’s net due to rising rates? And what happens when the Fed goes a 1/2 percent or more hike next week?
This is a godawful economics problem for a lot of seniors that we haven’t seen in the AARP newspaper yet, so far as we’ve noticed, but we’ll keep an eye out.
Chorus of Sand in the Vaseline?
Throw in the headlines and let’s turn it on!
This could be a Terrorism Test Run, so listen up: Moore County: FBI joins investigation into North Carolina power outage caused by ‘intentional’ attacks on substations | CNN
Yes, it was a bioweapon. How many times do you have to learn this? Wuhan Whistleblower: Former EcoHealth VP Says Covid “Man Made”, Escaped From Lab | ZeroHedge
Expect more “Electile Dysfunction” on major news channels Wednesday morning: Herschel Walker’s Chances of Beating Warnock, 24 Hours Before Runoff (newsweek.com)
NATO is in trouble and could “hit the skids” sooner than later. Watch two angles to this: Macron’s new security architecture opens Pandora’s Box in NATO politics – EURACTIV.com and Should Sweden Forget About Joining NATO? | American Enterprise Institute.
No surprise, really:
ATR: Looking Ahead
We’re all going to the future in a second, so why not?
Peoplenomics this week will cover a fascinating conversation I had with a doctor friend. “Faith as an Asset” is my main writing project after breakfast.
Zeus the Cat continues to improve. Although still skinny, the basic “barn cat protocol” administered with hand feeding and pools of rainwater have helped to the point he’s back to sleeping on the furniture again. Enough energy to leap up is a good thing.
The Barn Cat protocol ((this is NOT medical advice, I’m a quack!)) is based on my observation that worms or kidneys are the biggest cat threat in the Outback. Getting a full teaspoon of dewormer into him over a day and some Vet’s Best Cat Urinary Tract Support Chewables, seems to have worked. We assume you’ve done the distemper shots?
Elaine loves the new e-massage station we cobbled up. Especially the foot massage machine. Dandy! ShopTalk Sunday details a couple of weeks back.
Shop work: Got the front fence fixed where the garbage truck had misjudged the turn-around. Plans to expand the garden are well underway now. Got my guest room sheetrock ceiling patches underway, as well. Good to break multiple projects work up into one-hour blocks. Keeps things interesting and nonlinear.
George’s Office Upgrades are arriving this week: Going over to a quantum OLED display for easier-on-the-eyes writing, a new Zotac video card so I can dial in the 40 Hz refresh rate for reasons you can imply from reading this. Which makes super-sense if you have an AopE4 gene. And a walking treadmill to keep the pounds off and the old man in motion shows up, too. Still pondering the office arrangement, though. It gets complicated.
Jeez, could this morning’s column get any longer?
Write when you get rich,