21 August 2026

Stocks and Precious Metals Charts - Suicide Music

 

"Decency, security and liberty alike demand that government officials shall be subjected to the same rules of conduct that are commands to the citizen.  In a government of laws, existence of the government will be imperiled if it fails to observe the law scrupulously.  Our Government is the potent, the omnipresent teacher. For good or for ill, it teaches the whole people by its example.

Crime is contagious.  If the Government becomes a lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy.  To declare that in the administration of the criminal law the end justifies the means — to declare that the Government may commit crimes in order to secure the conviction of a private criminal — would bring terrible retribution.  Against that pernicious doctrine this Court should resolutely set its face."

Louis Brandeis, dissenting, Olmstead v. United States, 1928

"Successful totalitarian rule is precisely that because it allows little variation in its subjects’ intentions—and the Nazi regime was a totalitarian regime par excellence.  When Hitler spoke of the German ‘Volk’ he did not make a suggestion, but a demand: 'if a German, you are a Nazi or a traitor'.

It is crudely general to suggest collective responsibility for the German populace.  It is, however, fair to suggest that those who continued to defend the idea of Germanhood publicly as the war went on — when this had become synonymous with barbarity — were in fact renouncing their humanity for the sake of individual survival and peace of mind."

Panayiotis Demopoulos, Götterdämmerung: Suicide Music and the National Self, May 2014

"Recognizing the occasional tyrannies of governing majorities, they amended the Constitution so that free speech and assembly should be guaranteed.  Fear of serious injury cannot alone justify suppression of free speech and assembly.  Men feared witches and burnt women.  It is the function of speech to free men from the bondage of irrational fears.  To justify suppression of free speech, there must be reasonable ground to fear that serious evil will result if free speech is practiced.  There must be reasonable ground to believe that the danger apprehended is imminent.  There must be reasonable ground to believe that the evil to be prevented is a serious one...

Those who won our independence by revolution were not cowards.  They did not fear political change.  They did not exalt order at the cost of liberty.  It is therefore always open to Americans to challenge a law abridging free speech and assembly by showing that there was no emergency justifying it.  Moreover, even imminent danger cannot justify resort to prohibition of these functions essential to effective democracy unless the evil apprehended is relatively serious."

Louis Brandeis, Whitney v. California, 1927

Count Witte: I see. So they talk, pray, march, plead, petition and what do they get? Cossacks, prison, flogging, police, spies, and now, after today, they will be shot. Is this God's will? Are these His methods? Make war on your own people? How long do you think they're going to stand there and let you shoot them? YOU ask ME who's responsible? YOU ask?

Nicholas and Alexandra, 1971

Gold and silver continued to rally higher.  

Bitcoin looks to be breaking out as well.

The Dollar is hanging on to the 98 handle but does not seem to have its usual perkiness.

VIX fell.

All eyes on oil and the mideast.

Have a pleasant weekend.