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June
10
2019

A Special Brand Of Crazy
Karl Denninger

Notice anything lately?

The level of insanity in the population, including but not limited to politicians, is way up the last couple of years.

Do you really think humans in America suddenly got irradiated by some sort of cosmic ray or something?  No.

It's the ridiculous level of stress from the all the lies; you literally can't count them all any more.

The result, however, you can clearly see all around you.  Half the nation is deranged at a literal level of insanity over losing an election and a significant percentage of that half is perfectly willing to engage in at least assault and battery against anyone who believes differently.  More than a few of them are probably willing to escalate that to murder if challenged.  Even more are willing to flatly make up allegations of all sorts to try to overturn that election and what flows from it, including baseless accusations against people (ref: Justice Kavanaugh) of multiple instances of forcible, violent, drug-addled rape.

Judge Moore got the same treatment, basically, and they added child sexual exploitation there too -- a very serious felony.  The accusers in both cases, as soon as the political purpose was over, faded into society never to be seen or heard from again.  Their celebrity lawyers and other representatives were never held to account for their vanishing act nor that performing same was hard evidence that the allegations were false and made for political purpose.  After all, if you were raped would you suddenly think it wasn't a crime if the person involved subsequently lost an election -- or was confirmed to the US Supreme Court?

We just had a man walk into a workplace and shoot it up in Virginia Beach.  The authorities are lying; they said he was an employee in "good standing."  Then it comes out that he resigned by email that morning.  And then reports appeared, so far unsubstantiated, that he was under investigation for a series of aggressive, even violent actions in the workplace -- so while the "good standing" employment status may have been true at the instant he did the shooting it certainly appears he was going to be facing job-related consequences for his previous actions.  Is that why he quit, sort of like Weiner "resigned"?  Oh and may I ask what turned a dude with 15 years of service into a violent, raging nutjob?  Am I supposed to believe that this was just some spontaneous thing and no outside events or serious circumstances had arisen?  Really?

Chief among that stress, incidentally, and intentionally imposed by the politicians and AGs, is the "pre-existing condition" lie that America has lapped up like dogs.  We must have force-placed "health care" (not health insurance) where you are forced to pay the bills of those who voluntarily commit slow suicide by, for example, screwing other men in the ass or being habitual drunks or druggards.  Having made that choice the cost of their decision is forced on you.  Ditto if an illegal invader comes here and has a heart attack or other medical condition; it's your problem, not theirs.  Then, to top it all off, we take a reasonable market price for all of this and multiply it by five, just to make sure you'll be bankrupted -- either immediately if you refuse to play along like a good little slave and then get sick -- and if you don't get sick they'll still screw you blind slowly through deficits and destruction of your purchasing power.

Oh, and none of this adds on to to the ordinary stress of life, right?

Never mind that's just one of the dozen of stress add-ons that the government goons have imposed in the last few decades.  None of it is an accident.  In 2008 when the market crashed Bernanke, Bush, Paulson and then Obama and his merry band doubled the national debt in the space of just a few years in order to prevent those who intentionally made crappy loans to people who couldn't pay them back from being held to account both in court and on Wall Street -- and being forced out of business!  We were all told "the world would end" if we prosecuted all the felonies committed by those "mavens" of Wall Street, including but certainly not limited to criminal fraud.  We dispossessed people of their homes via fraudulent and perjured court filings all over the United States; the banks had intentionally destroyed paperwork or failed to document loans to prevent discovery of their frauds which should have prevented foreclosure because they could not present the actual paperwork documenting the terms and alleged representations and their checks of same.  Instead of holding them accountable our government instead let them commit a second fraud and perjury besides by literally making up documents they had intentionally destroyed!

Trump has continued this; despite not one but three platform planks to put a stop to medical monopolists he has done no such thing.  In addition he has allowed illegal invaders to come into the country and stay at a run rate of more than a million per year along with fueling human trafficking that sends billions to the coyotes, most Mexicans, who exploit those "migrants" with "pay after you go" schemes since those people have no money.  The cost of all of these people, nearly all unskilled and uneducated, falls on the common American and further drives up his or her cost of living; every American family of four is bilked out of roughly $3,000 a year just due to these illegal invaders, the cost of whom is forced onto American citizens at gunpoint.  Further that's just the money cost; what's the price when your 12 year old daughter is raped by one of these animals?  Or worse when your college-age daughter in Iowa is murdered and dumped in a field?  It would take exactly zero effort to (1) shut off remittances entirely unless the sender could produce proof of citizenship and (2) require all employers to use E-Verify including for all current employees, mandating the E-Verify control number on every 941 payroll tax report, while making failure to do (or forgery) so a criminal felony with 2 years in prison, served consecutively, for each person you employ.

We're told that the "tax cuts" were positive.  Really?  Positive for whom?  If you make $50,000 a year and got a $500 tax cut that sounds pretty good.  The problem is that the Federal Government ran close to a 5% fiscal deficit last year.  In other words while you got a $500 tax increase you also absorbed a $2,500 cost of living increase;while you may not be able to identify exactly where that showed up in your household spending it did, by definition, since the emission of that credit by the government always must, mathematically, do exactly that.  If you're in the top 1% of Americans you likely got a net benefit since a huge percentage of that went into stock prices and you got the "benefit" of that, at least on paper.  But for 99% of the population on a percentage basis they got an effective zero benefit from the stock market yet they ate all of the cost and thus lost $2,000 worth of purchasing power last year alone.

Just one small example -- last year the termite policy on my house went up in price by 30%.  Now in dollar terms it wasn't huge, but in percentage terms it sure as hell was.  While I could choose to drop that if I then have an infestation guess what -- it's in me instead of on them!  I've seen roughly 10% increases in car insurance costs per year over the last decade despite, on average, my cars getting older and thus their value if smashed or stolen is less for the insurance company to pay.  There are myriad other examples but anyone who says that the tax cuts were a "net benefit" when the government is running 5% fiscal deficits, all of which immediately and permanently reflects into the cost of living every single year is out of their damn mind.

What happens when there's another $2,500 in additional household cost this year but the market is down?  Oops.

Meanwhile just over Memorial weekend we had exactly how many people shot in Chicago?  Where was the outrage and wall-to-wall coverage of that?  That happens every weekend in Chicago, incidentally; for May there were 52 killed out of 254 shot, a much higher number.

You want to know what makes Virginia Beach and Chicago different?  When a school gets shot up -- or a city office -- there's wall-to-wall coverage and a screamfest of "take all the guns", even when the guy who did it appears to have passed not just an "ordinary" background check he passed the equivalent of a rectal exam by the BATFE to buy a legal suppressor.

Here's your answer: The dude who shot up Virginia Beach's offices targeted government offices.  Same thing when it's a school -- that's a government building while the dudes having it out on the street over drugs or gang turf aren't anywhere near a government anything. Congress and other government officials are outraged notbecause people are dead (by body count they should be much more pissed-off about Chicago or the******of a 14 year old at gunpoint) but because they know damn well that the next person who they mentally shove over the edge with their bull**** could come after THEM or THEIR families.

It's not "outrage" you see on display -- it's fear.

When you get down to it the outrage you hear from the various political factions and corners, but only for certain shootings and not others, amplified by useful idiots like Hogg, is entirely rational.  It has nothing to do with empathy for the victims whatsoever, which is why nobody gives a damn about Baltimore or Chicago.

The motivation and focus is simple self-preservation and the fervent prayer that you can be turned into a Storm Trooper in a bid to find a way to make it tougher for the next nutjob to target the people and their families who have been fully responsible for the stress every American has been placed under so the 0.1% can continue to rob you blind.

Everyone else can pound sand from inside a wooden box 6' under ground.

 



Mr. Denninger, recent author of the book Leverage: How Cheap Money Will Destroy the World, is the former CEO of MCSNet, a regional Chicago area networking and Internet company that operated from 1987 to 1998. MCSNet was proud to offer several "firsts" in the Internet Service space, including integral customer-specified spam filtering for all customers and the first virtual web server available to the general public. Mr. Denninger's other accomplishments include the design and construction of regional and national IP-based networks and development of electronic conferencing software reaching back to the 1980s.

He has been a full-time trader since 1998, author of The Market Ticker, a daily market commentary, and operator of TickerForum, an online trading community, both since 2007.

Mr. Denninger received the 2008 Reed Irvine Accuracy In Media Award for Grassroots Journalism for his coverage of the 2008 market meltdown.

 

market-ticker.org

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