"These are peoples that have lost the power of astonishment at their own actions. When they give birth to a fantastic fashion or a foolish law, they do not start or stare at the monster they have brought forth. They have grown used to their own unreason; chaos is their cosmos; and the whirlwind is the breath of their nostrils. These nations are really in danger of going off their heads en masse; of becoming one vast vision of imbecility, with toppling cities and crazy countrysides, all dotted with industrious lunatics.”
G.K. Chesterton, In Defense of Sanity
"Your adversary, the devil, prowls the earth like a roaring lion, seeking those whom he may devour."
1 Peter 5:8
"The essence of God is existence, and He defines Himself as: 'I am Who am.' The essence of the devil is the lie, and he defines himself as: 'I am who am not.' Satan has very little trouble with those who do not believe in him; they are already on his side.”
Fulton Sheen
"There was war in heaven. Michael and the angels fought against the dragon. The dragon fought back, but he did not have the power, and so lost his place in heaven. The great dragon was thrown down – that ancient snake called the devil, or Satan, who leads the whole world astray. He fell to the earth, and his angels with him."
Revelation 12:7-9
The Fed is the pivot man in the axis of oligarchy. They failed miserably in their stewardship during the era of Arthur Burns and Alan Greenspan. Now they are just going through the motions of bubble-bust cycles and looting.
Stocks were doing a major rally to a new all time high today...
And then flopped hard into the close.
Earnings reports from the likes of Tesla after the bell were not helping.
Gold fell, as did the Dollar.
Silver put in a hard rally after being pummeled earlier in this week.
VIX rose.
Comex option expiration on the futures for precious metals on Friday.
I am not very excited about the upcoming Presidential election.
I would never even consider voting for Trump, but I also would not vote for Biden, the Clinton-Obama-Biden clan, and the Reagan-Bush-GOP cult of Molok.
And I don't like the idea of being shamed into voting for the 'lesser of two evils' which has been the core Democratic strategy since 1990. Tough to make a meaningful pick for the national level.
But this doesn't seem to be just a US phenomenon. If one starts naming leaders around the world, the 'leaders' do not inspire much confidence. Actually, it gathers in the throat, like a sour mix of dark humor and horrified astonishment.
Maybe I am too picky, but perhaps it also says something about those that are drawn to great power.
Hard times to come.
Have a pleasant evening.
