"The nationalist not only does not disapprove of atrocities committed by his own side, but he has a remarkable capacity for not even hearing about them.
Material facts are suppressed, dates altered, quotations removed from their context and doctored so as to change their meaning. Events which, it is felt, ought not to have happened are left unmentioned and ultimately denied."
George Orwell, Notes on Nationalism, 1945
"Those who can make you believe absurdities, can make you commit atrocities. If you do not use the intelligence with which God endowed your mind to resist believing impossibilities, you will not be able to use the sense of injustice which God has planted in your heart to resist a command to do evil."
François-Marie Arouet Voltaire, Question sur les miracles, 1765
“No man for any considerable period can wear one face to himself, and another to the multitude, without finally getting bewildered as to which may be the true.”
Nathaniel Hawthorne, The Scarlet Letter, 1850
"All this, I know well enough, will sound wild and chimerical to the profane herd of those vulgar and mechanical politicians who have no place among us; a sort of people who think that nothing exists but what is gross and material, and who, therefore, far from being qualified to be directors of the great movement of empire, are not fit to turn a wheel in the machine. Magnanimity in politics is not seldom the truest wisdom; and a great empire and little minds go ill together."
Edmund Burke, Speech on Conciliation with America, March 22, 1775
Comments are a bit late today. A veterinarian appointment was to be had at the market close.
The first chart below summarizes the difference in the price action in silver during the NY and non-NY trading hours.
I don't follow it, but it used to be a notorious phenomenon in gold, with London-NY leaning on the price heavily during their trading day.
Stocks tumbled but managed back to unchanged.
I use the term 'managed' with purpose.
Gold took a little bounce but silver was hit once again, but managed to come back off the lows.
VIX is starting to signal another correction may be on its way.
The failure of the current government in the States is becoming more evident. They can barely say anything that is not untrue anymore.
The economy is slumping, but they are trying their best to hide it, and keep promoting the thought that 'next year' everything will be better.
I doubt that it will. These are reivers and predators, not builders. Destroyers, rather than producers.
They are in it wholly for themselves. And it shows if one has eyes to see.
It's a shame really. But I imagine we will go through some painful times, and then bounce back once again.
Foolishness will have its way, and will not be deterred from its own destruction.
And it is already beginning.
Have a pleasant evening.
