Gold is at an all time high, about to cross $3700/ounce. That’s a 44% increase from last year’s $2506
Economy
Another Trillion
It didn’t make major news, but it should have. The US government borrowed another $724 billion last week when it sold large amounts of government paper. The odd thing is that the Treasury and the Fed appear to be coordinating their efforts in transitioning US debt from long term bonds into shorter term T bills.
This means that the national debt has grown to $37 trillion. Six years ago, we were at $23 trillion. We hit $36 trillion in late November of last year, meaning that this last trillion in debt was borrowed in just 9 months. We are doubling the debt every 8 to 9 years, and have been for decades– since Nixon took us away from the gold standard.
Of course, this sort of thing can’t go on forever, and whatever can’t go on forever has an end. When is the end coming? In 1891 Robert Louis Stevenson wrote a short story called “The Bottle Imp” that reminds me of this.
The story is about a working class native of Hawaii who buys a strange bottle from a sad, elderly gentleman who credits the bottle with his wealth and fortune, and promises the imp in the bottle will also grant the man his every wish and desire.
Of course, there is a catch, as there usually is in these stories — the bottle must be sold at a loss, i.e. for less than its owner originally paid, or else it will simply return to him. The currency used in the transaction must also be in coin (not paper currency or check). The bottle may not be thrown or given away. If an owner of the bottle dies without having sold it in the prescribed manner, that person’s soul will burn for eternity in Hell.
The bottle was said to have been brought to Earth by the Devil and first purchased by Prester John for millions of dollars; it was owned by Napoleon and Captain James Cook but each sold it. At the time of the story the price has diminished to eighty dollars, and declines rapidly over the course of the story to a few pennies.
The problem here is that as the price approaches a penny, it will become harder and harder to sell the bottle, as the buyer will be in fear of being left holding the bag.
This tale reminds me of our current national debt. As our debt increases, the interest payments will balloon. They can only get so large before default is inevitable. At that point, anyone in possession of a US bond will be stuck with worthless paper. Because of this, the returns for these bonds will have to increase, so as to entice people in taking the risk of buying them, which will make the interest payments higher, thus making the end that much closer.
The Collapse
You Get More of What You Subsidize
About a fifth of people between ages 15 and 24 worldwide in 2023 are currently NEETs, which stands for “not in employment, education, or training.” About 20% of people who are between the ages of 15 and 24 are refusing to work, obtain certifications, or an education.
What’s going to happen as the older generations age out of the workforce? The collapse is closer than it appears.
The Collapse
Insurrection
The states of California and Oregon are in a state of insurrection. They are actively resisting the enforcement of Federal law in trying to keep their cheap labor.
CW2 has been coming for awhile now. We continue to inch closer. Like CW1, the Democrats will claim the war is about slave labor, but the real causes will be more nuanced and complicated than that.
Future historians might disagree, but I feel like the first shots were fired June 14, 2017.
The Collapse
The Switch
A man impersonating a police officer went to the homes of two different Minnesota lawmakers and shot those inside. The left is, of course, blaming DJT and his supporters, claiming that our politics weren’t violent until he became President. Here is why they are wrong:
In 2017, a Democrat shot up a Congressional baseball practice.
The entire summer of 2020 saw the left laying siege to US cities.
If this is indeed some on the right finally fighting back, I just don’t care. I have seen so much one way violence from the left, that I just can’t work up enough energy to give a shit.
Crime
Illegal Cops, or Invading Army?
New Mexico has just passed a law that allows non-citizen immigrants to be police officers. In 2024 alone, the Biden administration issued over two million new work permits to non-citizens — many of them illegal immigrants. Federal law prohibits illegal aliens from possessing firearms, which law enforcement officer must carry.
Now we have to consider that the people who will be enforcing the laws against YOU are themselves criminals who are flouting the law.
A few times in the past, I have told you that more and more states and localities are hiring immigrants to be police officers, and in some cases they are hiring illegal immigrants. This is right out of the CIA insurgency manual, which has been followed by the left since at least 2019. The plan is to make people distrust the government so that they can replace it with their own, alternative, government. You know, the alternative that they have created.
Keep in mind that the Governor of New Mexico, Grisham, previously suspended Second Amendment rights in the state. In 2023, she issued an executive order banning citizens from carrying guns in Albuquerque. The executive order expired in 2024, but picture a person here in violation of the law, carrying a gun in violation of the law, telling you that you are under arrest for having a gun because some politician said so.
Each of us as Americans will have to decide at what point we have been overrun. At what point do we consider a group of uniformed, armed, illegal invaders to be an occupying army? When does the real resistance begin?
Trust me, my resistance won’t consist of sitting in the road blocking traffic or gluing my hand to a painting.
Anti American left
I Accept
The left blogosphere is openly calling for CW2. Read on:
If the present administration chooses this course, then the questions of the day can be settled not with legislation, but with blood and iron. In short, we must decide when we must kill them. None of us wish for war, but if the present administration wishes to destroy the nation I would accept war rather than see it perish. I hope that you would choose the same.
But what to do? The rot of the present administration runs deeper than one man. The sacrifice of a hero is insufficient to save our nation, and a gust of wind on a summer day would not have saved us. For let us make no mistake; the problem is not one man, but a whole class of people.
You are talking about eliminating more than 80 million people. The very people who own more than 600 million firearms, several billion rounds of ammunition, and who think that it is fun to go out on a Saturday to shoot targets the size of your head from 600 yards away.
This asshat graduated from George Mason University with a bachelor’s in economics. Unsurprisingly, he claims to be working towards his PhD in economics with the intention of being a college professor so he can reduce poverty all over the globe.
This is what he looks like, so when the war that he wants so badly actually begins, you know what you need to do:
and of course what I mean by that is that you should contact the authorities to see that he gets due process for whatever crimes he is alleged to have committed.
This little cuck actually advocates for marrying an immigrant every two years so that they can get a green card, yet he doesn’t even do that. If he can’t even do that, he won’t do shit about a war.
Anti American left
It’s Been the CIA All Along
March for Our Lives has announced that they are laying off 13 other 16 staffers due to funding issues.
Isn’t it amazing coincidence that all of these leftist political NGOs are out of funding now that USAID has been shut down?
Look, I still don’t think Trump is going to be successful in changing anything, but at least he has turned the lights on, so everyone can see for themselves who is doing all of this.
Antifa
Don’t Let Your Guard Down
I spent years telling everyone who would listen, and some who wouldn’t, that the US was being subjected to an attempted coup. I pointed out that Antifa and BLM were carrying out attacks and ambushes like they were receiving professional training, equipment, and funding. This Central Florida cell is a prime example. The entire thing was following the CIA insurgency manual. Many people thought I was nuts. They told me that my tinfoil hat was too tight. One prominent blogger publicly laughed at me.
Now seeing all of the things that DOGE is turning up, it turns out that I was right. Our own government was trying to toss out legitimate elected officials and take over. They were using our own tax dollars to do it.
Don’t think that it’s over. Trump has given us a brief respite, but they will start up again. Soon. Perhaps as soon as the run up to next year’s elections.