"All the world marveled at this, and gave their allegiance to the Beast. And they worshiped the serpent, for giving such power to him, as they also worshiped the Beast. 'Who is as great as the Beast?' they exclaimed. 'And who is able to resist him?' And the Beast was allowed to commit great blasphemies against God."
Revelation 13:3-5
“The greatest hazard of all, losing one’s self, can occur very quietly in the world, as if it were nothing at all. No other loss can occur so quietly; any other loss - an arm, a leg, five dollars, a wife - is sure to be noticed.”
Søren Kierkegaard, The Sickness Unto Death
“'The world says: 'You have needs — satisfy them. You have as much right as the rich and the mighty. Don't hesitate to satisfy your needs; indeed, expand your needs and demand more.' This is the worldly doctrine of today. And they believe that this is freedom. The result for the rich is isolation and suicide, for the poor, envy and murder.”
Fyodor Dostoyevsky, The Brothers Karamazov
"It was pride that changed angels into devils; and it is humility that makes men angels. There never has been, and never can be, and there never shall be any sin without pride.”
Augustine of Hippo
"Those among the rich who are not, in the rigorous sense, damned, can understand poverty, because they are poor themselves, after a fashion; they cannot understand destitution. They will be moved, to the sound of beautiful music, at Jesus’s sufferings, but His Cross, the reality of His Cross, will horrify them. They want it all out of gold, bathed in light, costly and of little weight; pleasant to see, hanging from a woman’s beautiful throat."
Léon Bloy
"The Reserve Bank of Australia only raised rates 25 bp this morning. And the sages of Wall Street took this as a sign that Aussie is leading the world and that the Fed will shortly be following their lead. I took it as a sign that we are approaching another sizable wash and rinse. It does seem to be a recurrent play of our kleptocracy.
And so the spokesmodels and muppets cheered another glorious stock market rally."
Jesse, Prelude to a Wash and Rinse, 4 October 2022
It never seems to get old for them, does it?
The Jobs Report came in a little better than expected this morning, and so stocks plummeted.
After rallying madly higher on a similarly contrived rationale earlier this week.
Wash, rinse, repeat.
What a surprise. Who could have seen it coming?
The Dollar gained again on expectations of higher interest rates.
Gold and silver, as priced in dollars, fell off on Dollar strength.
The VIX rose higher.
What comes next will be a littler more difficult to discover.
So for most of us, a safe place on the higher ground is the place to be.
Especially when lawlessness has such an easy hand on the markets.
"Because of the increase in wickedness, the love of many will grow cold."
Matthew 24:12
"Every century is like every other, and to those who live in it seems worse than all."
John Henry Newman
I have noticed that many seem to be discouraged by the current state of things, and the catalyst are elections that seems to offer only the choice between two distasteful alternatives. I have the opportunity to speak to people from every part of the world each day, and there seems to be a common thread in the discussions.
We have been battered for years now by the repeated crushing of hope, and the impulse to reform, by the powerful moneyed interests of a relative few who seem to honor or uphold nothing but their own greed. Every region seems to be plagued by some form of this brute selfishness and prideful corruption.
If I am being objective, and not focused only on the present day, I am profoundly grateful that I do not have to face (yet I say with hope) the obstacles that our parents, and grandparents, and great-grandparents faced over and over for years.
They personally faced absolutely brutal world wars which slaughtered millions, and many of them were very poor in terrible Depressions where all hope was almost lost. They faced industrial accidents and exploitation, child labor, enslavement, and powerful repressions by inhumanly sick men and women.
And even now there are those facing things such as that in the world as it is today, and if anything we should be appalled that we do so little or nothing to relieve their distress. And, may God forgive us, we sometimes stand by while our own people may be inflicting these hardships upon others.
But we are distracted from all this, by feeling sorry for our own disappointments and troubles.
This is not to say that we do not have problems. This year has been so bad for us personally, and for others that I know from Le Cafe, that at times I wanted to cry out like Job.
But putting our own temptation to wallow in despair aside, one finds they can rise above these things, sometimes with the help of others and sometimes with a slow but steady determination, and make things good where they can, for themselves and most importantly for others.
And that is enough, for it is our lot in this life. Not to keep an account of all the things that we do not like, that frighten us, that may potentially harm us, that concern us, that could go wrong, that afflict us in our daily lives like 'a thorn in the flesh.'
I know that this seems to be the opium of the distressed, and to be placidly self-content and self-absorbed as 'a folly' of the weak-minded, and an opportunity to feel superior to those who suffer on, to the '99 percent.' This is as it has always been.
But sometimes God must first break a heart to enter it. And it is what remains afterwards, when the crisis is passed, that offers us the way to becoming fully human.
And we are then called to stand up and witness to the fully human life, in grace that is given, not cheaply by ourselves, but by our resolve and determination to follow Him in our calling.
Where there is sickness bring healing, where there is despair bring hope, and where there is darkness, light.
Not in some abstract sending out of good thoughts, which is fine for a beginning, but more importantly in tangible acts of kindness and goodness for our families, and friends, and acquaintances, and finally even for those who are undeserving. There is so much that needs to be done, that we may be tempted to do nothing. But all we are asked to do is to begin, and do something, even if it is only something little.
Little acts of goodness spread like ripples in a pond. A candle in the darkness allows others to find and ignite their own— and then there is light.
"God has created me to do Him some definite service; He has committed some work to me which He has not committed to another. I have my mission— I may never know it in this life but I shall be told it in the next.
I am a link in a chain, a bond of connection between persons. He has not created me for naught.
I shall do good, I shall do His work. I shall be an angel of peace, a preacher of truth in my own place while not intending it if I do but keep His commandments.
Therefore I will trust Him. Whatever I am, I can never be thrown away. If I am in sickness, my sickness may serve Him; in perplexity, my perplexity may serve Him. If I am in sorrow, my sorrow may serve Him.
He does nothing in vain. He knows what He is about.
He may take away my friends. He may throw me among strangers. He may make me feel desolate, make my spirits sink, hide my future from me— still He knows what He is about.
We are slow to master the great truth that even now Christ is, as it were, walking among us, and by His hand, or eye, or voice, bidding us to follow Him. We do not understand that His call is a thing that takes place now. We think it took place in the Apostles' days, but we do not believe in it; we do not look for it in our own case.
Let us feel what we really are— sinners, but attempting great things. Let us simply obey God's will, whatever may come. He can turn all things to our eternal good. Easter day is preceded by the forty days of Lent, to show us that they only who sow in tears shall reap in joy.
The more we do, the more shall we trust in Christ; and that surely is no morose doctrine, that leads us to soothe our selfish restlessness, and forget our fears, in the vision of the Incarnate Son of God.
May the Lord support us all the day long, till the shades lengthen, and the evening comes, and the busy world is hushed, and the fever of life is over, and our work is done.
Then in His mercy may He give us a safe lodging, and a holy rest, and peace at the last.”
John Henry Newman
Caesar was swimming in blood, Rome and the whole pagan world was mad.
"But those who had had enough of transgression and madness, those who were trampled upon, those whose lives were misery and oppression, all the weighed down, all the sad, all the unfortunate, came to hear the wonderful tidings of God, who out of love for men had given Himself to be crucified and redeem their sins.
When they found a God whom they could love, they had found that which the society of the time could not give any one, -- happiness and love."
"Beneath some burning, unknown gaze
I feel my very wings unpinned,
And give my name to the abyss
Which waits to claim me as its own.”
Charles Baudelaire, Lament of Icarus
"When humanity, subjugated by the terror of crime, has been driven mad by fear and horror, and when chaos has become the supreme law, then the time for the empire of lawlessness will have come."
Friedrich Rudolf Klein-Rogge, Das Testament des Dr. Mabuse
"And you could say in some respects this 'shadow behind the power' that makes money off war, period, no matter who's the belligerent, makes money off that volatility now, especially with computers that are able to assist them in doing so, like currency manipulation, for example, or just general speculation. And they don't care about what they're doing to the real economy, because they're raking in the dough."
Lawrence Wilkerson, former chief of staff to Colin Powell
“How you are fallen from heaven, Lucifer, son of the morning. How you have been cut down to the ground, You who laid low the nations. For you said in your heart: ‘I will ascend into heaven, I will exalt my throne above the stars of God. I will sit on the mount of the most holy on the farthest sides of the north. I will ascend above the heights of the clouds. I will be as God.’
Isaiah 14:12-14
Stocks were lower today on a repricing of risk (again).
The Dollar was sharply higher, along with the VIX, in a risk off move.
Gold and silver were lower, moving inversely with the dollar.
Tomorrow is the Non-Farm Payrolls report, which may move markets.
I am not so sure where the market is going.
Theories abound, including the Fed pivot and the suppport for markets in anticipation of the mid-term elections.
However, we are clearly in a bear market.
And we will remain in one until we start to see higher lows and higher highs.
Let us pray for those whose hearts are hardened against His grace and loving kindness by greed, fear, and pride, and the seductive illusion and crushing isolation of evil.
We pray that we all may experience the three great gifts of our Lord's suffering and triumph: repentance, forgiveness, and thankfulness. And in so doing, may we obtain abundant life, and with it the peace that surpasses all understanding.
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