| By Bill Bonner Monday, January 25, 2021 WEST RIVER, MARYLAND – Joe Biden came out of the gate fast… with 17 executive orders on his first day on the job. (The president is supposed to enforce the laws, not make them up himself…) But we wonder… Does he have any idea what he is doing? Or is he just doing what comes naturally…? The Washington Post, The New York Times, and the entire Liberal Establishment are elated. Biden is getting rid of Donald Trump’s executive orders… firing his incompetents… and bringing back real expertise to the federal government. Professors… policy wonks… certified lobbyists… denizens of think tanks; this credentialized elite will do a better job, they say. But of what? Saving the degenerate empire? Or destroying it faster? By our reckoning, the U.S. Empire hit its peak at the end of the last century. Since then, it’s been slips and slides… thrills and spills… jackassery and tomfoolery – for the last 20 years. The people running the show looked like the most hapless and moronic people on the planet – just what you’d need to bring an Empire to its knees. They seemed driven, as if by instinct, to do the worst possible thing at the worst possible time. | Recommended Link | | Danger Ahead? 800 "Uber Rich" Dump Stocks… "The largest, fastest change" we've seen… Tiger 21, a club of 800 ultra-rich investors, recently started hoarding cash. "We see no easy way out," warns Bank of America. Jeff Bezos – the world's second-richest man – recently dumped $4.3 billion in stock. What is going on? The alarm bells are ringing. And what you do NOW will determine your future. Jeff Brown – arguably America's most accurate investor – reveals the strange "division" happening in the market right now… | | | -- | Messing Things Up Remember 2001? The American Empire was at the top of its game… with everything running more or less smoothly… and a federal government budget surplus, even! There was a bubble in the Nasdaq, but people were basically prosperous at home and faced no major enemy abroad. How could you mess that up? Easy… You start a preposterous $7 trillion war against “terror” overseas… and lay the groundwork for a war on terror at home. How about seven years later, when your artificially low interest rates have caused a debt crisis in the housing market? What could you do to make the situation worse? Easy, peasy. You add more debt… bail out the richest people in the country… and push total U.S. debt from about $50 trillion to over $80 trillion today. [Featured: Stock Options are DEAD! "Penny Trades" have WON…] This led to resentment… Many people felt they were getting the short end of the stick. They were dissed as “deplorables” and treated like ignorant yahoos. By 2016, American voters were ready for a change. They sensed that something had gone wrong… and they didn’t trust the Establishment politicians to do anything about it. Along came the reality TV star, offering to Make America Great Again… further stirring up resentment and disappointment, while completely failing to understand what was wrong or how to fix it. Instead of draining the Swamp, he deepened it – with another $7 trillion in federal debt. | Recommended Link | Elites Moving to Desolate Islands – Why? Former President Trump… Tech moguls like Zuckerberg… Gates… Musk… High-profile politicians and executives… Barack Obama among them… Even pop celebrities like Kim Kardashian… They're ALL securing the most bizarre… remote… "offshore" properties you can imagine. To learn the concerning reason they might be doing this–and what it means for you… | | | | Brains and Courage And now… here we are. The country is headed for worse trouble. Its troops are still blundering and bungling around overseas. At home, the mood is sour, as the feds spend more and more money they don’t have… and the deficit for 2021 heads for $3 trillion. What do you do if you are Joe Biden… the quintessential Deep State hack? [Featured: This one stock could be a game changer for you] It would take real brains, courage, and honesty to turn things around. Mr. Biden would have to defy his elite handlers. He’d have to stop the printing presses. He’d have to reduce the deficits and end the stimmy checks. He’d have to end the foreign wars, too… bring the troops home… and tell the Pentagon and its cronies that they’d just have to get along with less money, not more. In short, he’d have to end the Empire… and find a way for America to rejoin the community of civilized nations, as gracefully as possible. Show Must Go On No… Dear Reader, that’s not going to happen. Biden wouldn’t last a week in the White House if he did that. The Establishment would turn on him, invoking the 25th Amendment and removing him from office. This show has to go on… until it comes to its own disastrous conclusion. And Mr. Biden – at least, based on his survival instinct – knows it. He knows he has to stay on message… distracting the public, by pretending that the biggest challenges facing the nation are a lack of diversity, inequality, anthropogenic climate change, racism, and COVID-19… …while he pursues his real top priorities: “Printing” trillions more in fake money… And squashing dissent. On these twin goals, he has the whole Deep State/Elite/Establishment with him… locking arms and marching forward… right over the cliff. Here’s TIME magazine: Americans Need Recurring Stimulus Checks Until the Pandemic Is Over Giving people money is a proven, fast, equitable strategy to spur economic recovery. The truth is, we need recurring stimulus checks in addition to established progressive policies – like unemployment insurance and the Child Tax Credit and Earned Income Tax Credit – that uplift all Americans, especially communities of color, until this pandemic is over. And Mr. Biden is leading the charge against domestic terrorism himself. This report from The Hill on Friday: The White House announced Friday a sweeping interagency effort to root out domestic extremism following the storming of the U.S. Capitol earlier this month. As usual, more to come… Regards, Bill
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MAILBAG In today’s mailbag, dear readers share their thoughts on Friday’s Diary, “Incompetent Morons”... Right on, Bill. Immediately after the Patriot Act was signed, I picked up a couple of used 1984s and re-read them after over 30 years. Very revealing. And, like the final Roman empires, the final presidents imagine government to be a “well-oiled” machine and rely on advisors. – Greg S. Bill, when I read your essay, my mouth dropped open. Unfortunately, I, too, have become one of the acolytes for believing in our government. Please keep us aware. – Allen T. Meanwhile, others focus on Thursday’s essay, “River of No Return”… Protests must be peaceful and built on facts for the interest of the people who are protesting. When elected officials engage in behaviors that are built on lies, not in the interest of the people, but for their selfish purposes, it is wrong. They need to be called out on it. Power belongs to the people, though. The people alone should make a decision on who represents them. – Angela O. I agree that we all must certainly embrace dissenting and challenging opinions. With sincere consideration. But are we also not a nation of laws? If one dissents and raises legal challenges, and these challenges are legally dismissed and found to have no merit, and appeals rule likewise, what next? What do you call amassed crowds that act with destructive force, trespass, and incite violence (and death) when they disagree with very recent legal decisions that directly addressed their concerns? And then do so in our nation’s capital? Is the term “domestic terrorism” not then appropriate? Or should it be just “sore losers”? – Baz S. How should America’s elected officials be held accountable? Is the term “domestic terrorism” appropriate for the protests at the U.S. Capitol? Write us at feedback@rogueeconomics.com. IN CASE YOU MISSED IT… He's Done It – This Is Bigger Than 5G 5G. AI. Self-driving cars. Everywhere, you've heard at least one of these called "the biggest tech market investing story of the next five years." Not so fast, says the man who's been called "America's top technology prophet" and an "American genius" by international media. Something else is coming on the tech horizon. Something potentially bigger than all those breakthroughs. With a potential $16.8 trillion impact worldwide. Follow this link for full details. 
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