07 July 2017

Upton Sinclair: The Brass Check - Brazen Times in Donnie-dom


I will probably update the charts and other information over the weekend.

Considering that today was a Non-Farm Payrolls report, the action in the markets is not particularly surprising.   The talking heads were calling this an almost perfect 'risk-on' jobs report.   Right.  Plenty of crappy jobs at wage levels for an unsustainable recovery.    

Not one thing has change in my mind for the intermediate to longer term. Its just that the antics of the major corporate/financial players is becoming more brazen in Donnie-dom.

These quotes are from The Brass Check which was written by Upton Sinclair in 1919.

brass check was a token purchased by a customer in a brothel and given to the woman of his choice. Sinclair saw the moneyed interests of his day holding brass checks with which to purchase politicians, journalists and their editors, and other thought leaders of the day.  In modern times we call them 'speaking fees' and 'consulting contracts' and lobbyist positions' and 'book deals.'

For twenty years I have been a voice crying in the wilderness of industrial America; pleading for kindness to our laboring-classes, pleading for common honesty and truth-telling, so that we might choose our path wisely, and move by peaceful steps into the new industrial order. I have seen my pleas ignored and my influence destroyed, and now I see the stubborn pride and insane avarice of our money-masters driving us straight to the precipice of revolution.

What shall I do ? What can I do — save to cry out one last warning in this last fateful hour? The time is almost here — and ignorance, falsehood, cruelty, greed and lust of power were never stronger in the hearts of any ruling class in history than they are in those who constitute the Invisible Government of America today.

Imagine, if you can, the feelings of a workingman on strike who picks up a copy of the Wall Street Journal and reads:
'We have a flabby public opinion which would wring its hands in anguish if we took the labor leader by the scruff of his neck, backed him up against a wall, and filled him with lead. Countries which consider themselves every bit as civilized as we do not hesitate about such matters for a moment.' 
Year by year the cost of living increases, and wages, if they move at all, move laggingly, and after desperate and embittered strife. In the midst of this strife the proletariat learns its lessons ; it learns to know the clubs of policemen and the bayonets and machine-guns of soldiers.

Day by day the money-masters of America become more aware of their danger, they draw together, they grow more class-conscious, more aggressive. The [first world] war has taught them the possibilities of propaganda ; it has accustomed them to the idea of enormous campaigns which sway the minds of millions and make them pliable to any purpose.

American political corruption was the buying up of legislatures and assemblies to keep them from doing the people's will and protecting the people's interests; it was the exploiter entrenching himself in power, it was financial autocracy undermining and destroying political democracy.

By the blindness and greed of ruling classes the people have been plunged into infinite misery ; but that misery has its purpose in the scheme of nature. Something more than a century ago we saw the people driven by just such misery to grope their way into a new order of society; they threw off the chains of hereditary monarchy, and made themselves citizens of free republics.

And now again we face such a crisis only this time it is in the world of industry that we have to abolish hereditary rule, and to build an industrial commonwealth in which the equal rights of all men are recognized by law.






06 July 2017

Preserving Sanctity In Dark Times


"Somebody, after all, had to make a start."

Sophie Scholl

I hope to update the charts on Thursday, Friday at the latest. For now, here is some other knowledge.

Some say that most of the time everyone wants to be great, because they have a natural desire for acceptance, recognition, and praise.  Perhaps this is so.  And alas, some wish to be great in order to set themselves apart from the rest of humanity with which they not only feel no kinship, but despise.

In a dark and pathological time, when the better parts of the human spirit are on the wane, this means that everyone wants to have power.  Power becomes the standard of value, the coin of the realm in a deeply fallen world.  And in such a perverse world the only virtue is greed.

Those who serve the world want to be tough guys, unafraid, quick and intemperate on the attack, harsh.  Yes that is the mark of power, the formidable wielders of weapons not for a higher purpose, but for their own ends and pleasures.    As if there can be any just weapon that we may take up on our own, that is not given to us by the Lord.

If by some chance that person who seeks power may desire that they could take up the sword like an avenging angel, and smite those enemies of goodness, who are all too often those who merely annoy and offend them. This is because their idea of what it is to be a human being has been subtly poisoned by the times; in their brokenness they exalt themselves.

And all too often that feeling of offense simply becomes a blind hatred of 'the other.' The other may merely be the different, and finally all of the weak.  The will to power despises weakness.  They no longer of goodness, but give themselves wholly over to the powers of darkness.  And they fully become its creatures.  Those who take up the sword for their own purposes, even in God's name, will die by it in a death without redemption.

This is a subtle but very effective snare, a sin wholly against the Spirit. We embrace the world and its values not in our love of it, but in our hatred of it as we see it. And so we grasp that same sword of power wielded by the forces of darkness in high places. And we use it as we will with intoxication, and become lost.
This is not service, or greatness. This is a willfulness and a destruction of the self that comes from sin, but that in its own insidious way may encompass many of the trappings of a religion: the ornaments of ritual, and symbols, the language and initiation into the mysteries, the noise and pomp of human office-- but always and everywhere remarkably devoid of God's love.

Worldly power in excess is a perversion of heavenly power in that it expresses itself in the ability not to create and fulfill life, but to diminish and destroy it.   And it exults in what it thinks is its power over life, which is death.

How much money, how much power is enough? The will to power is a pathological sickness, that becomes insatiable and all consuming.  And thereby it anoints its own angels of death.

Be on your guard, and do not allow yourselves to be among those simple ones who will be taken in during the dark times, as the love of many grows cold. Stand firmly, but humbly, to the end. And you will have your greatness.

"Do you desire to be great? make yourselves little. There is a mysterious connexion between real advancement and self-abasement. If you minister to the humble and despised, if you feed the hungry, tend the sick, succour the distressed; if you bear with the froward, submit to insult, endure ingratitude, render good for evil, you are, as by a divine charm, getting power over the world and rising among the creatures. God has established this law. Thus He does His wonderful works.

His instruments are poor and despised; the world hardly knows their names, or not at all. They are busied about what the world thinks petty actions, and no one minds them. They are apparently set on no great works; nothing is seen to come of what they do: they seem to fail. Nay, even as regards religious objects which they themselves profess to desire, there is no natural and visible connexion between their doings and sufferings and these desirable ends; but there is an unseen connexion in the kingdom of God. They rise by falling...

Let this be the settled view of all who would promote Christ's cause upon earth. If we are true to ourselves, nothing can really thwart us. Our warfare is not with carnal weapons, but with heavenly. The world does not understand what our real power is, and where it lies. And until we put ourselves into its hands of our own act, it can do nothing against us. Till we leave off patience, meekness, purity, resignation, and peace, it can do nothing against that Truth which is our birthright, that Cause which is ours, as it has been the cause of all saints before us.

But let all who would labour for God in a dark time beware of any thing which ruffles, excites, and in any way withdraws them from the love of God and Christ, and simple obedience to Him...

Such is the rule of our warfare We advance by yielding; we rise by falling; we conquer by suffering; we persuade by silence; we become rich by bountifulness ; we inherit the earth through meekness; we gain comfort through mourning; we earn glory by penitence and prayer. Heaven and earth shall sooner fall than this rule be reversed; it is the law of Christ's kingdom, and nothing can reverse it but sin."

John Henry Newman



"Gentleness is everywhere in daily life, a sign that faith rules through ordinary things...

Even in a time of elephantine vanity and greed, one never has to look far to see the campfires of gentle people. Lacking any other purpose in life, it would be good enough to live for their sake."

Garrison Keillor


01 July 2017

Stocks and Precious Metals Charts


“To escape the pain caused by regret for the past or fear about the future, this is the rule to follow: leave the past to the infinite mercy of God, the future to His good Providence, and give the present wholly to His love by being faithful to His grace.”

Jean-Pierre de Caussade, Abandonment to Divine Providence


"Man has places in his heart which do not yet exist, and into them enters suffering, in order that they may have life."

Léon Bloy


Can You Hear Me Now?


Ok. Maybe later.

"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."

Henryk Sienkiewicz, Quo Vadis, 1905






"When you serve the Lord, prepare yourself for trials. Be sincere of heart and steadfast, undisturbed in times of adversity. Cling to Him, forsake Him not; thus will your future be great. Accept what befalls you; in crushing misfortune be patient. For, as gold is refined by fire, so too are worthy men in the crucible of adversity. Trust God and He will help you. Make straight your ways and hope in Him. You who fear the Lord, wait for His mercy. Do not turn away, lest you may fall.

Sirach 2:1-7