The cautionary functions of the media, the political class, and the regulatory bodies have been routinely directed, distorted, and even silenced for the benefit of a highly compromised and increasingly self-serving elite. And this corruption has begun feeding on its own momentum, resulting in increasingly blatant examples of deception, distortion, and outright theft. This is crony capitalism, and its deadly credibility trap."
Jesse, April 2012
"This great masquerade of evil has played havoc with all our ethical concepts. For evil to appear disguised as light, compassion, historical necessity or even social justice is quite bewildering to anyone brought up on our traditional ethical concepts, while for the Christian who bases his life on the Word, it merely confirms the fundamental wickedness of evil. Mere waiting and looking on is not Christian behavior. Christians are called to compassion and to action.
In the Incarnation the whole human race recovers the dignity of the image of God. Thereafter, any attack even on the least of men is an attack on Christ, who took on the form of man, and in his own Person restored the image of God in all.
Through our relationship with the Incarnation, we recover our true humanity, and at the same time are delivered from that perverse individualism which is the consequence of sin, and recover our solidarity with all mankind."
Dietrich Bonhoeffer
"They run all away, and cry, 'the devil take the hindmost'."
Beaumont and Fletcher, Philaster, or Love Lies a-Bleeding
The mighty rise, and are fallen, forgotten— but the word and the spirit endure.
Stocks had another wide ranging day, and slumped ja little into the close.
Gold and silver caught a bounce after their recent shellacking.
The Dollar backed off the 108 handle just a little.
I redid the Crashtrak profile for the 2022 decline as I had suggested I might.
I am now using the mid June decline as the second low.
So bully has the rest of the summer perhaps to try and put together a sustainable rally and make a stronger attempt to exceed that second high and take the model off the charts.
The timeframes are well stretched, so if this is a crash, it is a crash in slow motion.
Have a pleasant evening.
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