Follow up to "Participants will Emerge" June 2019 Part 3

Here we go again. 

With a very questionable future for an economy that has just been "put on hold" for 3 months globally, mortgage interest rates are back to all time lows.  The Fed has ramped up, or lets say tripled down on its bailout of the "Financial" Industry.  Now we all know that in the midst of what was supposed to be the longest expansion in history accompanied with extraordinarily low unemployment (well officially) that the Fed was completely and utterly unable to "normalize" interest rates or it's balance sheet as witnessed in September of 2019.  The policies adopted at that time created the perfect climate for the stock market to rocket to record highs by early 2020. After the Fed decided to perpetuate the bubble in the Private Equity / Hedge Fund / Shadow Banking world that month after already admitting it could no longer raise interest rates months before we got Part 1 of a pro-cyclical bailout driven to prop up over levered speculators.  The COVID-19 shutdown BS perpetuated by the squeamish global elites and billionaires the world over created the perfect storm for Part 2 (or you could say Part X since this has been going on for over a decade now).

The current political leadership followed through with their promise to the corporate elites to dramatically reduce taxes (part of the reason the idiot was tolerated I am sure) during what was supposed to be a "Great Recovery" in the economy, including the lowest unemployment on record, a 10 year bull stock market, corporate profits that were setting records and buybacks that were setting records instead of using the economic growth cycle to re-balance the finances of the public coffers.  Instead the decision was made to follow through with political promises and dramatically increase the public debt during an economic growth period that brought "peacetime debt levels" close to those only comparable to war time numbers. To top it all off, massive stimulus was passed by congress and more was promised, infrastructure and the like.  Meanwhile the asset bubble created in the Financial Industry had become completely unsustainable. The search for "yield" to pad the pockets of all those folks who already control over 80% of the global "wealth" had resulted in leverage not seen since just before the crash of 2008-9. 

So the follow up on the "Participants will Emerge" theme was reawakened when I decided, in this stupid interest rate environment, to look into refinancing a mortgage with 75% equity simply to lock in a rate for 15 years to make sure when the fiat system implodes I'll have a fixed rate on my then worthless mortgage.  NO PARTICIPANTS EMERGED.  That's right.  An online search through one of the largest aggregators of mortgage companies with those who desire a mortgage only resulted in one bank willing to do a refinance.  When I finally was matched by some call center person to a "mortgage lender representative", who incidentally acted like this was her first ever deal, we did not get past some stupid questions about terms and whether I knew what my "credit score" was, which I could give a rats ass about.  When I told her "I pay my bills so I am sure it's fine lets just move forward," she hung up!  The second search for a VA option resulted in one lender as well who when I spoke to her on the phone, as soon as I said it was a refinance, she said, "We are not doing refinances right now".  I was like, "OK why?"  Well I don't have to tell you why, you likely already know.  The banks are up to their eyeballs dealing with people who DON'T WANT TO PAY THEIR MORTGAGE RIGHT NOW (which she would not say) but she did say "due to the drop in interest rates..."  Well I know what that means.

Nobody in their right mind will refinance a house at 3% for 15 years when the economy was just sent off a cliff and nobody knows if it will recover, when, how strongly and BTW we have millions of calls from people who DON'T WANT TO PAY THEIR MORTGAGE RIGHT NOW. 

OK so there you have it.  No Participants have yet emerged after 12 years Mr Federal Reserve Chairman and Treasury Secretary.  No Participants willing to buy mortgages at your artificially low rates outside of YOU and the federally sanctioned, technically insolvent, Fannie and Freddy.

At what point do you think "Participants Will Emerge" now?

Wake Up America?

I was recently referred to this article in an email.  It's by Gates, Bill Gates, the one we all know.  It seems it's been floating around and referred to by quite a number of publications.

Gates IS the anti-Christ right now.  He is THE DEFINITION of the problem we are in.  He is 15% of WHO budget and 85% of it's mouthpiece. He is the mouthpiece of the billionaires and his foundation has the influence of a nation.  He is one of the most frightening people alive!

 

This is the biggest piece of PR I have ever seen coming from Gates.  He knows he is the MAN NUMBER ONE in the drive to shut down the world and this is his "excuse / justification" letter to the world to cover his ass.   I don't even have to pick it apart as I intended.  I can see it for what it is.

I was in Asia for 6 months from August to March.  The Chinese and other parts of  SE Asia were fighting a pig pandemic, bird pandemic and then a people pandemic.  The pig and bird ones were extremely deadly on those populations. There were quarantines all over Asia and Millions of pigs were killed in China and other countries.  It was a huge disaster (and still is).  In the Philippines there were restrictions on travel, transport etc on pigs.  Huge!  They were lucky the bird diseases were not present.  

Where is Gates in recognizing these pandemics?  Are they not relevant? Do these pandemics that massively affect food supply and need huge investment by governments to track them, cull massive herds of animals and quarantine entire regions and countries to control these pandemics not instructive of what needs to be done? Are they not exactly what we should be focused on and learning from?  Why does he not even discuss what we have learned from these other animal diseases?  OMG I am just fuming right now.

He is defending himself to the hilt in this letter!  Reading it is like a summary.  It is a waste of time.  Sorry I have been reading alot about this virus and associated situations around the world and trust me, this virus is not anything like what he is talking about.  Ebola, yea, MERS, yea, the earlier version of SARS, yea, HIV, yea... This NO WAY.  They missed it.  Sorry, this was a huge mistake and he is trying to justify his panic and destruction of the global economy.

Sorry, I know enough about many of our self important billionaires and they don't often have the common sense of a doorknob. The amount of influence in the US government by billionaires and their think tanks are a direct example of how completely dysfunctional a nation can be when these idiots run it.  I don't give a damn how many billions he made by accident, luck, the network effect or whatever you want to call it.  That does not give him the right to shut down the world.  He is in his bubble and he has been instrumental in derailing the progress of 40 years of efforts by every international organization on the planet to reduce poverty.  Even though many of those efforts are blatantly fraudulent, self serving, useless and downright detrimental to the people they are supposed to serve, at least with half a century of offshoring our dirty industrial production we have managed to lift a couple billion people out of poverty (while keeping our own stagnant at best). Though with the global population exploding over that time the absolute numbers from a practical standpoint are still precarious at best.  Where is Gates in recognizing how badly he has f&*%ed things up?  There is NO RECOVERING from what he has done for tens of millions if not billions of people who tomorrow are starving, relying on menial handouts from their governments to survive! 

You know what kills more people in the world then all disease put together?  Poverty. What has Gates done?  Think about it.  More people in the Philippines will die from ulcers this year then this stupid virus.  You know why?  They are to poor to afford the medicines produced by the multinationals that have been pumping out the same medicines for years and continue to increase the prices every damn year no matter how long the technology has been around or how cheaply they can be produced.  It is about profit.  Where is Gates on talking about this?  He is in bed with big Pharma.  He is one evil billionaire bastard who we would be better off if he would just go self-quarantine for the next 10 years!  

The Medical Industrial Complex of America is near 20% of our GDP. This is up from 5% 50 years ago.  How is this even possible?  We are the most medicated people on the planet by a factor of 5x or more.  We pay 4-10x what other nations do for every damn thing we get in return for our money in medical care and there are NO statistics that show we are better for it! In fact with the opioid epidemic of the last 20 years (70,000 dead a year) we have metrics that have worsened.  Add the fact we are the guinea pigs of the world to the Industrial Agricultural Complex with the horrible health effects to show for it (digestive issues are a virtual epidemic here, along with preventable diabetes, hypertension etc.) and we are arguably the sickest population of any industrial world as well.  

Then what do you see on Mass Media?  Glorification of medical workers.  NO MENTION that its THE Medical Industrial Complex that bankrupts more people in the country then any other source, that steals billions form taxpayers by overcharging for these absolutely ridiculously useless "health plans" under the "Government Health Plans" that are nothing but massive middle man HMO's that rake billions out of the system and fuel huge profits. The billionaire CEO's, the massive buy backs, the idiots that run the FTC allowing mergers for years to the point there are just a few companies left that manage and run everything from wholesale drug sales, retail drug sales, insurance, health maintenance organizations, corporate health plans, actual medical services and hospitals; all integrated into giant oligopoly companies!  These firms will not even do business where they can't guarantee huge profits, they just walk!  Add big pharma..Don't even get me started there!  And these IDIOTS could not handle this virus!

Why has NOT ONE "reporter" called out the industry on this?  Why do you see nothing on this?  Cause the billionaires in the Medical Industrial Complex are HUGE advertisers for the oligopoly media and huge financiers of our politicians and there is NO WAY in hell either will embarrass the industry that feeds them.  Instead there are millions of dollars in PR money to fog the public and give them another round of "hero" BS to cheer on... Look back just over the last 20 years... 9/11, solders are heroes and Military Industrial Complex gets a "blank check" to invade everywhere and anywhere to "kill them terrorists"  What do we have now?  $11 trillion in debt directly attributable to their adventures around the world, drones killing indiscriminately, thousands of dead and maimed Americans and tens of thousands dead everywhere we went, almost all of that money spent killing people that literally live in mud huts!! And nobody calls them out!!! NOBODY! Then financial crises... Do we get angry and go after the criminals?  No!  Millions of dollars in PR money go in to a global campaign to glorify entrepreneurs and I could go on for pages about that distraction... Now we have this latest shit show and the PR that deflects again... Where will this BS end. When will people wake the f&%k up? 

Where is Gates in making all this obvious?  Why is the same government that says government involvement in health care is socialist taking over the procurement of necessary medical supplies?  Why are they granting billions to the industry that is stealing the life out of our people and economy and bankrupting our nation?  All this is so f&*$ed up I cannot even fathom putting it all in here!

So yea, the letter is informational and right between the lines of EXACTLY how "educated" people should be thinking (being distracted) about this shit show Gates has put on the planet cause you sure don't want people really thinking about what the f&%k is going on cause they might get right out of their chairs and away from their tiny little screens and start some kind of revolution!