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Thursday, July 10, 2025

'Health Care' will kill our economy!

 Fed "rate cuts" are not only impossible in this environment without triggering an inflationary explosion but in addition wouldn't solve anything because the problem is in health care, which of course "rate cuts" would do nothing to address.

From the description Dennis put up:

But the real bombshell comes when he breaks down America's healthcare crisis using a brilliant analogy about "bar insurance," showing how forcing everyone to pay for others' medical bills has inflated prescription drug costs by 10,000% compared to other countries. From a drug costing $60 in India versus $7,000 in America, to why hospital bills are astronomical, Denninger reveals the hidden mechanisms destroying American healthcare and explains why politicians refuse to fix a system that enriches pharmaceutical companies while bankrupting families. This is essential listening for anyone wanting to understand the economic and healthcare crises heading our way.

Come and get it right here: https://retirementlifestyleadvocates.com/podcast/episode/1/2025-07-06-retirement-lifestyle-advocates-radio-w-karl-denninger

How the US Navy Lost the High Seas - Vox Popoli

 (This is what happens to those fighting DaLastWar with 1980s mindset. - CL)

There isn’t any material reason why a naval power with prodigious resources can’t completely reinvent itself in the new mode that is replacing the old one. And yet, it doesn’t happen, for much the same reason that very, very few business innovations come out of the leading corporations in the industries they dominate.

Too many people and too many organizational processes are too heavily invested in the current way of doing things to make the shift to the newer way before someone else proves its utility and thereby obtains a leading advantage that usually turns out to be conclusive. Unfortunately, unlike leading corporations, leading militaries can’t simply buy out the innovators and incorporate them into their own operations.

International Crime & Money Laundering: Russia's Report

 .....I recall Larry Johnson saying in one of his chats that the major drug cartels couldn’t operate without the assistance of the major banks to launder their illegal profits. Michael Hudson has provided some very shocking and interesting revelations about US government involvement in that criminal activity. This excerpt is from an autobiographical interview made in 2018, although his writings and interviews are all sprinkled with this info:

That gave me the clue about what people these days talk about money laundering. In the last few months that I worked for Chase Manhattan in 1967, I was going up to my office on the ninth floor and a man got on the elevator and said, “I was just coming to your office, Michael. Here is a report. I’m from the State Department (I assumed that this meant CIA). “We want to calculate how much money the US could get if we set up bank branches and became the bank for all the criminal capital in the world.” He said, “We figured out we can finance, (and he said this in an elevator), we can finance the Vietnam War with all the drug money coming into America, all of the criminal money. Can you make a calculation of how much that might be?

So I spent three months figuring out how much money goes to Switzerland, from drug dealings, what’s the dollar volume of drug dealings. They helped me with all sorts of statistics on that, and said, “We can become the criminal capital of the world and it’ll finance the dollar and this will enable us to afford the spending to defeat communism in Vietnam and elsewhere. If we don’t do that, the bomb throwers will come to New York.”

So I became a specialist in money laundering! Nothing could have better prepared me to understand how the global economy works! I had all the statistics, I had the help of the government people explaining to me how the CIA worked with drug dealing and other criminals and kidnappers to raise the money so it would be off the balance sheet funding and Congress didn’t have to approve it when they would kill people and sponsor revolutions. They were completely open with me about this. I realized they’d never done a security check on me. [My Emphasis]

 https://karlof1.substack.com/p/international-crime-and-money-laundering 

Blood in the Water, Blood on the Beach - Big Serge Thought

 Among the many memoirs left behind by participants in the First World War, a ubiquitous motif is a profound sense of disorientation. The experience of the war was starkly different, depending on what node of the command hierarchy one inhabited, but enlisted men, officers, and political authorities all generally shared a sense that Europe was gripped in a death machine which had escaped the control of man. Humble infantrymen at the front experienced this the most acutely, in the intense physical disorientation that accompanied sustained bombardment by modern artillery, and also in the creeping spiritual numbness that accrued from years of siege in muddy trenches filled with detritus, rats, and corpses.

For officers in the upper echelons, the disorientation of the war was characterized less by the physical disorientation of the front and its endless cacophony of gunfire and explosions, and more by the breakdown of longstanding assumptions about how to conduct military operations, with operational planners groping in ignorance for solutions. In hindsight, it is easy to write off the brutal and ineffectual offensives (particularly on the western front), as an exercise in butchery and ignorance. In real time, however, the armies of Europe were attempting to solve tactical and operational problems which nobody had ever confronted before, and nobody scored particularly better on this test than anyone else, particularly in the early years of the war. Ypres, the Somme, and Verdun all blend together into a dissipated veil of death.

Given the apparent senselessness of these operations, the mass casualties that they produced, and the gridlocked nature of a front that moved very little over timeframes measured in years, it is easy to think of World War One as a fundamentally sterile and static conflict. This would seem to be as true at sea as it was on land, with the costly battlefleets of the combatants fighting engagements that were few, far between, and indecisive.

Scientific Publishing: Enough is Enough - by Seemay Chou

 In Abundance, Ezra Klein and Derek Thompson make the case that the biggest barriers to progress today are institutional. They’re not because of physical limitations or intellectual scarcity. They’re the product of legacy systems — systems that were built with one logic in mind, but now operate under another. And until we go back and address them at the root, we won’t get the future we say we want.

I’m a scientist. Over the past five years, I’ve experimented with science outside traditional institutes. From this vantage point, one truth has become inescapable. The journal publishing system — the core of how science is currently shared, evaluated, and rewarded — is fundamentally broken. And I believe it’s one of the legacy systems that prevents science from meeting its true potential for society.

https://asterainstitute.substack.com/p/scientific-publishing-enough-is-enough 

Why You Can't Trust the Science - Vox Popoli

 https://voxday.net/2025/07/08/why-you-cant-trust-the-science/ 

The system will not, and cannot, be restored in a post-Christian society. Science is not only not incompatible with religion, it is incompatible with irreligion, because no amount of information or technology is an adequate substitute for a collection of zero-trust, amoral, and faithless scientists. When the incentives are askew and the moral brakes are removed, it should not come as a surprise that professional peer-reviewed and published science is already less reliable than a simple coin toss.

Science is just another casualty of the subversion and inversion of Christendom. Which is why the elites have already rejected science and reason in favor of the idol-worshipping, demon-pandering paganism of the pre-Christian world.

War Is a Certainty - (when all else fails! - CL)

 Recently, an associate offered the following observation with regard to the likelihood of war in the immediate future:

“The big guys like to play chess with the world. It’s the biggest game. The bankers need ups and downs and wars to make money. The military needs wars to exist. The politicians need both to exist.”

Whilst he was reiterating a concept we have discussed on many occasions, it occurred to me that I have never seen the subject defined so succinctly, nor so informatively.

Let’s break it down:

The bankers need ups and downs and wars to make money

Just as bankers increase their profit as a result of upward and downward economic fluctuations, so, too, do they benefit from war. It is not unusual for a given bank to finance those who would create armed conflict, and indeed, they sometimes bankroll both sides. Whilst banks have other means of making money, war is often more profitable than conventional banking.


https://www.lewrockwell.com/2025/07/no_author/war-is-a-certainty/ 

War in the Middle East, The Rothschilds - (Welcome to USRAEL! - CL)

 https://www.lewrockwell.com/2025/07/no_author/war-in-the-middle-east-the-rothschilds/ 

....So How Does the World Work?

As I have explained many times previously, all major political and economic structures and processes were created by the Global Elite over past centuries using their extensive network of partners, fronts, agents and employees, including those deeply embedded in what many refer to as the ‘Deep State’: the key intelligence, bureaucratic, military, technocratic and lobbyist personnel who persist in countries independently of the (elected or otherwise) government of the day and the electoral cycle. Notably, a great deal of control is exercised through the banking system that functions internationally and within each country. You can read one account of this in Historical Analysis of the Global Elite: Ransacking the World Economy Until ‘You’ll Own Nothing.’

The central figures in this Global Elite are the members of the Rothschild family who have operated at the centre of this Elite since the late 18th century and exercise staggering control over many key aspects of the global economy, starting with banking, energy, weapons, mining, infrastructure (including railways), media and biotechnology.

Their estimated wealth exceeds $US100 trillion, dwarfing those ‘fortunes’ held by those ‘wealthy individuals’ – such as Bill Gates, Jeff Bezos and Elon Musk – misleadingly promoted as the ‘wealthiest’ by corporate media. See Big Oil & Their Bankers in the Persian Gulf pp. 487-8.

Since the beginning of their reign, the Rothschilds have acquired a vast global network of income-producing assets by investing, wisely and often illegally, in a phenomenal variety and number of ventures, usually leaving another name prominently on display of any newly acquired asset, including those acquired or partly acquired as a result of saving a corporation from bankruptcy. In this way, their ownership and control is concealed so that, for example, other prominent families who are known to be excessively wealthy, such as the Morgans and Rockefellers, are fronts for the Rothschilds but not widely recognized as such.

See Hidden History: The Secret Origins of the First World War p.222. and

The Single Global Mafia: The Rockefeller Foundation’s multiple links to Zionism and military-industrial-financial neo-imperialism. p.5.

As noted above, two industries that the Rothschilds dominate are banking and the weapons industry.

And it is well-documented that the Rothschilds have helped finance both sides of most wars since the Napoleonic wars in the early 19th century. In these circumstances, the Rothschilds profit from weapons sales to most or all parties to all wars as well as the loans to buy the weapons and the loans to pay for reconstruction post-war. Again, you can read an account of this in Historical Analysis of the Global Elite: Ransacking the World Economy Until ‘You’ll Own Nothing.’

How Alphas Protect their Deltas - by Vox Day - Sigma Game - (This is an absolute MUST READ and watch - you'll see why! - CL)

 Contrary to common opinion, Alphas tend to be the most empathetic men. In this video, observe how Shaquille O’Neal, the undisputed Alpha of a championship-winning Lakers team, not only looked out for one of his Delta teammates and prevented him from being ostracized by the rest of the team, but even expressed his respect and admiration for the man who was much lower in the team hierarchy....


......An Alpha understands the significance and the importance of the collective much more deeply and instinctively than the Bravos, Deltas, and Gammas do. He knows how fragile the balance is and how easily what is a highly-functioning organization can turn into a dysfunctional one, which is why he places what others tend to see as inordinate value on even the lesser members of the group.....

https://sigmagame.substack.com/p/how-alphas-protect-their-deltas?publication_id=2265630&utm_campaign=email-post-title&r=y7h5a&utm_medium=email 

....This is why it is genuinely laughable when Deltas, Gammas, and women aspire to leadership. They simply don’t understand that their narcissism, solipsism, and desire to avoid all accountability and criticism renders them completely incapable of being the sort of leader that any Bravo, Delta, or even Gamma will be willing to follow.

NATO now admits it’s the top marketing arm for U.S.-and-allied weapons firms.

 A stunning 4,000-word interview of Mark Rutte, the head of NATO, was published by the New York Times on July 5th, which received stunningly little attention in the U.S.-and-allied press; and, in it, he made clear that NATO has nothing to do with democracy versus dictatorship, but is entirely about increasing military spending — just as-if it were controlled by whomever the top investors in those corporations are. He also made clear that NATO will be expanding beyond the existing North Atlantic Treaty Organization because it will increasingly be focusing upon also “the Indo-Pacific” in order to ‘defend’ not only against Russia but increasingly against China (though that isn’t in the “North Atlantic” region). Highlights from that shocking interview will be posted here at the end, but first will be presented the broader perspective in which to understand the reason why NATO continued on after 1990 and even greatly increased its size after communism and its NATO-mirror Warsaw Pact, and the Soviet Union itself (its alleged enemy), all ended in 1991 so that NATO’s previously alleged very raison d’etre, its reason-for-being — protecting against communism and the Soviet Union — had terminated (though NATO went on expanding, thereby proving the lies of its founders).

The crucial moment in this matter (disproving the lies of its founders) occurred on 24 February 1990 when U.S. President GHW Bush privately and secretly told West Germany’s leader, Helmut Kohl that all of the U.S. team’s verbal promises to Gorbachev that if the Soviet Union and its communism and its Warsaw Pact would end, then NATO wouldn’t take advantage of that by expanding up to the very borders of Russia so as to repeat what Hitler had tried to do in his Operation Barbarossa: blitz-invading Russia to conquer and absorb it. Bush’s Secretary of State James Baker famously said on 9 February 1990 that “We understand the need for assurances to the countries in the East. If we maintain a presence in a Germany that is a part of NATO, there would be no extension of NATO’s jurisdiction for forces of NATO one inch to the east.” And, then, privately, President Bush himself, personally at Camp David, two weeks later, on 24 February 1990, responded to Kohl’s understanding that this was the U.S. position, by telling him, “To hell with that. We prevailed and they didn't. We cannot let the Soviets clutch victory from the jaws of defeat.” Bush equated peace with Russia, to being defeat by Russia. The U.S., Bush was telling Kohl, must succeed at doing what Hitler’s Operation Barbarossa had failed to do: defeat and absorb into its empire Russia. He also told Kohl, on that same day, “We have weird thinking in our Congress today, ideas like this peace dividend. We can't do that in these uncertain times.” Kohl (and the other U.S. stooges, such as France’s Mitterrand, whom Bush likewise told this after him) obeyed. They all kept silent and cooperated with the U.S. Government’s plan. (The plan had actually been decided upon by President Truman on 25 July 1945.)

The Bear Necessities - Vox Popoli - (of understanding)

 

To be fair, it is a genuine problem. My idea of what is a sufficient explanation and pretty much everyone else’s don’t tend to have much in common. I see this coming and going, both in what apparently are popularly regarded as my insufficient explanations and everyone else’s determination to give me ten times more information than I need or want. What is so impressive about Big Bear in this regard is his ability to instantly grasp the various levels of detail required to explain a given concept to different people.

I still remember one time on a stream when he asked me to explain something, so I provided what I felt was the requisite explanation in what I thought was all the necessary detail. Big Bear just stared at me for a second, then said: “Yeah, you’re going to need to go two levels deeper for that to make any sense.”

Which was very helpful, because it’s not a problem to do that. The real challenge that most people don’t seem to grasp is that when you do understand something, you seldom know the precise point of another person’s failure to understand, except that it is somewhere between the complete absence of information and the comprehension of the whole. Compounding this problem is that it is quite normal for people to get offended if you begin at the beginning.

“What do you think I am, an idiot?”

Well, yes, at least in relative terms, given that you’ve already demonstrated that you don’t understand something despite being provided everything that is required for you to do so. But it only took a few beatings from fellow elementary school scholars and a lecture or three from teachers and parents to realize that it is never socially acceptable to say what you are actually thinking about anyone.

That’s why I always think it is outright comical whenever people say, in real life or on TV, that honesty is paramount in relationships. It quite obviously isn’t, in fact, I would go so far as to say that at least for the intelligent individual, relentless dishonesty is the basis for all human relationships, from the most casual to the most intimate. Because if there is one skill that is necessary for surviving the endless sea of retardery in which Man must daily swim, it is relentlessly concealing the truth of one’s thoughts, feelings, and opinions from absolutely everyone.

Marcus Aurelius, Roman emperor and Stoic philosopher, obviously understood that.

Begin each day by telling yourself: Today I shall be meeting with interference, ingratitude, insolence, disloyalty, ill-will, and selfishness – all of them due to the offenders’ ignorance…

Do you know what that is? That’s the rock-solid stoicism born of the despair that comes from 19 years of putting up with a son like Commodus and knowing he had no choice but to leave the whole empire in the care of the solipsistic lunatic.