By Bill Bonner Thursday, December 3, 2020 WEST RIVER, MARYLAND – The new Biden bunch will be full of meaningless “firsts.” Kamala Harris will be the first female vice president. She will also be the first “Woman of Color” in that post. And the first person of South Asian descent. Janet Yellen will be the first woman to head the Treasury Department. Another first will likely be a woman as Secretary of Defense. Since the origin of the species, men have done almost all the fighting. They might be better at it; they are bigger, stronger, faster… And those who were bad at fighting may have been killed, or perhaps denied the right to mate. In some primitive societies, a man had to prove himself in combat before he was allowed to take a wife. So it almost seems natural to have a man at the head of a group of fighters. Recommended Link | Revealed: The #1 Tech Stock of 2021 The historic Shubert Theater has played host to a list of stage legends. Robert Redford, Audrey Hepburn, Jimmy Stewart, Clark Gable, Liza Minnelli and Paul Newman rose to fame on the Shubert’s stage. Now, you can add another legend to the Shubert’s list. But he’s not an actor or a singer… His name is Jeff Brown and he’s one of the foremost experts on technology stocks in the world. For the last two years, Jeff has revealed a previously unheard-of technology – on the Shubert stage. In May 2019, he revealed a tiny device that would be inside every 5G iPhone. Video of the presentation went viral – with over 11 million views. Now, Jeff has returned to the Shubert… And he’s revealing 3 completely unheard-of technologies… These could be the next darlings of the stock market. And you’ve been invited to watch Jeff’s presentation – absolutely free. | | -- | New Era But this is a new era. If you’ve been following our Diary for very long, you know that nature has her cycles… her patterns… her birth announcements and obituaries. Great empires come and go, just like the rest of us. The newspapers report these comings and goings as the work of men. But men cannot defy nature… or the gods. And it appears to us that at the end of the 20th century, the gods decided to take the U.S. empire down a peg. Bush, Obama, Trump – all have played their parts, each with his cockamamie projects and foolish ideas. Biden must continue the work. How better than to appoint the last people as the firsts? What is the "1170" Investment Account? Limiting Diversity Janet Yellen is one of the last people we’d have in charge of our money. So has Biden selected one of the last people who should be in charge of the armed forces. Today, there is no reason to think that a woman can’t do the top Pentagon job just as well as – or better than – a man. After all, it mostly consists of bullying small countries and lobbying for more money for the arms suppliers of Northern Virginia. God forbid that any real “defense” comes into play. If it does, America – with its gold-plated, lard-butt military – will probably be in big trouble. Besides, diversity is the most important thing now, not national defense. And diversity seems to be becoming more popular everywhere. Like “stimulus” and fake money, diversity is another delusional desideratum for the 21st century. Here’s CEO News: The growing drumbeat on ESG [Environmental, Social, and Corporate Governance] in corporate America sounded louder than ever Tuesday, as Nasdaq CEO Adena Friedman announced a new effort to require the boards of all Nasdaq-listed companies to have at least one female director and one director who is an underrepresented minority or LGBTQ – or explain publicly why they have not. But the call for “diversity” is not aimed at increasing variety, but limiting it… to a few “acceptable” categories. No, “diversity” is not really about diversity… It’s about sameness – having the same opinions… the same ideas… and the same people, worshipping the same ersatz gods. You put them on your corporate board – or in your cabinet – not to promote a variety of points of view, but to limit them to a few, faddish ones. Same, Same, But Different Speaking of underrepresented minorities… how many polygamists are there in the nation? For obvious reasons, it’s hard to say for sure… But you will score no “diversity” points by putting a man with six wives on your board. And what could be rarer than a man who had murdered every one of them? Though “off the charts” on diversity, no one would want him on their board of directors… or in the presidential cabinet. But at the Defense Department, how about a woman with the blood of thousands of men on her hands? Biden might have chosen Hillary Clinton for the job. But in Michèle Flournoy, he gets his Deep State martinet… his warmonger… without the political baggage. Is this a breath of fresh air? A new direction? Shall we say goodbye to the Bush/Obama/Trump forever wars? Will the gods be thwarted? Oh, Dear Reader, don’t be so naïve. You know as well as we do that Joe Biden is not going to shake things up. He won’t even stand up to the teachers’ unions, let alone the armed wing of the Deep State. He’s been one of its major supporters for the last four decades. And both Flournoy and his choice for Secretary of State, Tony Blinken, are democratic hacks… Swamp critters, who swim back and forth between the government and the arms industry. Viral: 1.3 Million Folks have Already Seen This Message. When their party is in power, they promote war. When it is out of power, they advise defense suppliers on how to cash in. This from The Grayzone: Since the 1990s, Flournoy and Blinken have steadily risen through the ranks of the military-industrial complex, shuffling back and forth between the Pentagon and hawkish think-tanks funded by the U.S. government, weapons companies, and oil giants. Under Bill Clinton, Flournoy was the principal author of the 1996 Quadrennial Defense Review, the document that outlined the U.S. military’s doctrine of permanent war – what it called “full spectrum dominance.” Flournoy called for “unilateral use of military power” to ensure “uninhibited access to key markets, energy supplies, and strategic resources.” As Bush administration officials lied to the world about Saddam Hussein’s supposed WMD’s, Flournoy remarked that “In some cases, preemptive strikes against an adversary’s [weapons of mass destruction] capabilities may be the best or only option we have to avert a catastrophic attack against the United States.” Was Iraq about to launch a “catastrophic attack” against the U.S.? Of course not. Instead, the U.S. launched a catastrophic attack against Iraq! The Grayzone continues: As Iraq was plunged into chaos and bloodshed, Flournoy was among the authors of a paper titled “Progressive Internationalism” that called for a “smarter and better” style of permanent war. The paper chastised the anti-war left and stated that “Democrats will maintain the world’s most capable and technologically advanced military, and we will not flinch from using it to defend our interests anywhere in the world.” Recommended Link | An Urgent Briefing from Tom Dyson On November 3rd, America changed directions. But most investors are unaware that the country has already passed a point of no return. A Great Divide separates the insiders from the outsiders. Investment expert Tom Dyson has criss-crossed the country in a camper with his family, exploring these two Americas. What he’s found may surprise you. Some will be shocked and saddened. But others will see that NOW is the time to take steps to preserve your money, instead of losing it in the midst of what could be the worst crisis of our lifetime. To hear Tom’s report from the road, and find out what you can do to profit… | | -- | Full Spectrum Dominance What do you do if you want to keep America on track towards its own destruction? You just need to make sure the trillion-dollar forever wars continue… along with the money-printing to support them. Biden has both of those imperatives covered. With Janet Yellen as Treasury secretary, he is assured that the fake cash will continue to come hot off the presses. And with Michèle Flournoy as secretary of defense and Tony Blinken as secretary of state, he’s found his “full spectrum dominance” jackasses. Now, he can be sure that the country will continue its costly, clumsy misadventures overseas. The gods smile. Regards, Bill Like what you’re reading? Send your thoughts to feedback@rogueeconomics.com. FEATURED READS U.S. Economy Could See $5 Trillion in GDP Losses Through 2022 COVID-19’s effect on the U.S. economy, according to researchers from the University of South Carolina, could be worse than the 2008 Great Depression, causing GDP losses over the next two years of up to $5 trillion, or 23%… What Will Happen to the U.S. Dollar When China Becomes the No. 1 Financial Superpower? While the rest of the world economies are still shriveled up due to COVID-19, China’s economy has fully recovered and is growing to eclipse the U.S. as the global financial superpower. How did this happen and what does it mean for the U.S. dollar? Tom Dyson explains… MAILBAG One dear reader thinks Biden’s election was the result of Deep State meddling… Here is my thought on the Biden/Harris election and the Deep State. I believe the Deep State set up Biden, with Kamala Harris, for Biden to be declared unable to serve at some point, allowing Harris to be declared president. The Deep State knew that she could not be elected on her own merits. But being on the ticket as a low-profile VP, they had the perfect set-up to give her the job. – Jim S. Meanwhile, another blames the shrinking American middle class on one man… Hank Paulson put Wall Street defaults onto the public’s balance sheet in 2007, and from that fateful day, the middle class (what’s left of it) was forever left behind, saddled with a debt that is killing the Main Street economy, quietly, day by day. The day traders at the time said that if Hank didn’t do that, the USA would have gone into a depression. And 13 years later, the Wall Street crowd is still going to the well, free of charge, keeping zombie companies that should be long dead, alive. Of course, now no one can make any money today in the manufacturing industries, with so much supply on the market, thanks to all the zombies. Yet, it’s now apparent that the Fed Chair Jerome Powell (and pending Secretary of the Treasury) still only listens to the Wall Street crowd, blind to the fact that the rising debts are more harmful to Main Street than any benefit afforded by the so-called stimulus. – Thomas N. Was Joe Biden’s presidential victory a Deep State orchestration, like Jim believes? Was 2007 the year that finally broke the U.S. middle class? Write us at feedback@rogueeconomics.com. IN CASE YOU MISSED IT… THIS DEMANDS YOUR FULL ATTENTION The FDA has triggered a rare moneymaking situation in the biotech market. It almost never takes place… and we may never see it again in our lifetimes… but according to millionaire angel investor Jeff Brown, it demands your undivided attention. Because when it strikes, it can ignite the fastest and largest gains in stock market history. It’s literally possible to see up to 1,000% gains in one day. And that’s just the start. You can get the details during Jeff’s biotech masterclass. It’s 100% free. RSVP NOW. Get Instant Access Click to read these free reports and automatically sign up for daily research. |
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