Michael Parenti - Land of Idols: Lies, Wars, and Empire

"The [neoliberal] goal has been the 'Third Worldization' of the United States:

• an increasingly underemployed, lower-wage work-force;
• a small but growing moneyed class that pays almost no taxes;
• the privatization or elimination of human services;
• the elimination of public education for low-income people;
• the easing of restrictions against child labor;
• the exporting of industries and jobs to low-wage, free-trade countries;
• the breaking of labor unions;
• and the elimination of occupational safety and environmental controls and regulations."

Michael Parenti, Land of Idols, 1993

"The enormous gap between what US leaders do in the world and what Americans think their leaders are doing is one of the great propaganda accomplishments of the dominant political mythology."

Michael Parenti

"Plunderers of the world, when nothing remains on the lands to which they have laid waste by wanton thievery, they search out across the seas. The wealth of another region excites their greed; and if it is weak, their lust for power as well. Nothing from the rising to the setting of the sun is enough for them. Among all others only they are compelled to attack the poor as well as the rich. Robbery, rape, and slaughter they falsely call empire; and where they make a desert, they call it peace."

Tacitus, Agricola

Iraq was not a unique event.  It is a modus operandi, a template.

Ideology serves to make people blind to their actions.  On one hand they can rail against the Banks, the obvious excesses of the multinational corporations, and the many abuses and corrupting influences of Big Money.

But on the other they can speak up stridently for the liberating principle of a 'free market capitalism' and the dispensation of the rule of justice in favor of might makes right which, in service to the mythical god of scientific economy, dictates that there be plunder and demands the pillage of the weak, who are objectified as being 'the other.' 

Gold Daily and Silver Weekly Charts - Wind of Change

"How are the mighty fallen, and their weapons of war destroyed."

2 Samuel 1:27

As we might have expected, the gold that left the JPM warehouse yesterday magically reappeared, with an adjustment and then some. The record of their antics is in the report below.

The pattern held today, as gold and silver were hit in the early hours, and then kept under pressure most of the day. Gold recovered a bit more than silver into the closing hour. As you may recall August is an active delivery for gold, but not for silver. You have to wonder why this would matter, since the metals seems to be there primarily for show, but apparently it does.

Change is coming.  Uncertainty is the only certainty.  It may be a long time coming, but when it does appear it will be like a thief in the night.

Keep in mind that we are in a currency war, and what it is about and why it is happening, and some of the things that are happening may make more sense.  What has been hidden will be revealed.

Have a pleasant evening.

SP 500 and NDX Futures Daily Charts - Bei Mir Bist du Schön

"How can such episodes of such savage cruelty happen? The heart of man is an abyss out of which sometimes emerge plots of unspeakable ferocity capable of overturning in an instant the tranquil and productive life of a people."

Karol Józef Wojtyła

The 'better than expected' economic numbers this morning had stocks on the bounce, but this proved to be short lived as reality seemed to intrude on the recovery fantasies of Wall Street's verkäufers zu Scheiße.

It was acceptable for stocks to dip back down to test support again, but they really must find their footing and climb back again, or risk losing hold of their channel and begin a real correction. I still think that the machers have the money, compliments of the Fed.

But with the political Federals continuing to poke the Russian Bear with sticks for whatever reasons they may have, the markets can remain understandably nervous.

I have to admit that there are many things that would not make sense to me if I do not allow for the reality of a currency war, and some unfortunate decisions on the part of the Anglo-American central banks that may have compromised the politicians in a scheme to manage the price of gold, gone horribly wrong. 

And history tells us that there is no advantage that the pampered princes will relinquish willingly, without paying dearly to keep it, with other people's money and blood.

Have a pleasant evening.

The Swing Kids Swingkinder were jazz and swing music lovers in Germany in the 1930s, mainly in Hamburg (St. Pauli) and Berlin. They were composed of 12 to 18-year-old boys and girls, most of them middle or upper-class students, but with some apprentice workers as well. They admired modern Western fashions and thought, defining themselves in the style and jargon of swing, and were opposed to the fascist nationalism of the Nazi Party, especially the Hitlerjugend.  They were swept away in the madness and tides of war, a brief flicker of light and life before the deluge.