US Politics has become something not just comical but dangerous in its implications. Thankfully, as the pressure mounts on Democrats to salvage some aspect of The Davos Crowd’s agenda it’s exposing the inner strength and character of some people on Capitol Hill, even if only to be used for their own selfish and/or venal ends.
Dexter White joins me for a discussion of that, the way Davos and Wall St. are fighting for control over something beyond their capacity, Bitcon, and why it’s become clear to Vladimir Putin that the US has become a Clown Show with Nukes.
Show Notes
Bitcoin ETF – Dare I say, “It’s a Trap?!”
European Energy Crisis — And is That Gas You Think You’re Burning?
Putin – Wokeness is a “Crime Against Humanity”
Previous Episodes:
Episode #86 -Short Take on Why It’s Time For All Good Men to Stop Fearing John Galt
Episode #85 – A Short Take on Joe Biden’s Call for Civil War
Episode #84 – A Short Take on the Unintended Consequences of COVID 9-11
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Dexter is underestimating the organization and determination of the ChiCom agents masquerading as the Obiden Administration.
Knowing Dexter as I do, he absolutely is not. If anyone can be accused of that, it’s me… not him.
The Chicoms are an interesting “unknown” in all of this. If you believe in Tom’s thesis that Davos is not unified, you may find these interesting:
1] The Triumph and Terror of Wang Huning
Most analysis has focused on one man: Xi and his seemingly endless personal obsession with political control. The overlooked answer, however, is that this is indeed the culmination of decades of thinking and planning by a very powerful man—but that man is not Xi Jinping.
https://palladiummag.com/2021/10/11/the-triumph-and-terror-of-wang-huning/
And definitely read Wang’s essay: The Structure of China’s Changing Political Culture… and his insights into US culture. I found it fascinating as he has many things right:
2] Chinese President Xi’s “Secret Philosopher” Analyzed America And His Findings Could Reverse Our Country’s Decline
https://www.revolver.news/2021/10/secret-chinese-philosopher-lessons-for-america/
————–
And then there is Xi Jinping:
3] The Rise of the Xi Gang: Factional politics in the Chinese Communist Party
As the global debate on the Chinese model, and especially its domestic political system intensifies, there is a tendency to regard the Chinese Communist Party (CCP) as a monolith. This paper corrects such a view and argues that any attempt to comprehend elite politics in China requires an understanding of the factional dynamics within the party.
https://www.orfonline.org/research/the-rise-of-the-xi-gang/
Xi is actually from the Shanghai Gang which has been cosmopolitan and pro-Western. He came to leadership because he spent years in the countryside during Mao’s Cultural Revolution and has the confidence of CCYL faction which is pro-rural and middle class. Many don’t realize it but Xi is actually a “moderate”. His #2, Li Keqiang, is the real hardliner and seems paired with Wang Huning.
Li Keqiang (from Wikipedia):
United States lieutenant general H. R. McMaster wrote of Li Keqiang that, “If anyone in the American group had any doubts about China’s view of its relationship with the United States, Li’s monologue would have removed them. He began with the observation that China, having already developed its industrial and technological base, no longer needed the United States.
——-
So, with all of that going on behind the scenes, China is a bit of a wildcard. IMHO
Very interesting.. I’ve been curious if China is on its way back from
Its 100 years of humiliation. And actually seduced USA with its cheap labor.
The stark, partisan lines separating the two sides in American politics have never been sharper. Something’s gotta give, but what? Neither side wants to budge nor compromise even a bit. As the perennial losers, the Republicans want to stymie every big program the Dems even think up. If there was more of a balance to politics, then maybe … but there’s not.
The extreme bias and arrogant (false) fait accompli of your own question gives its own answer,
In the last 40 years (to pick a round number), there were 10 presidential terms. Six were Republican (two Reagan, two baby Bush, one papa Bush, one Trump), versus four democrat (two Clinton, two Obama). In addition to his dementia problems, Biden is more Marxist than Democrat. He certainly doesn’t fit the old school “Blue Dog” democrat mold. The score would move from 6-4 Republican to 6-5 Republican if you want to include the ice cream tyrant. Yet you say the republicans are perennial losers?
It seems its pretty close to 50/50, and maybe slightly leans Republican by an insignificant margin.
The speaker of the house has included Newt Gingrich, Paul Ryan and that guy who cried all the time. It hasn’t always been the wicked witch from San Fran.
Your comment is grounded in picking a fight, not an honest observation. An honest person would have acknowledged the political pendulum swings back and forth, and its pretty close to 50/50 over the long term.
Neither party has managed to live within their means. Stealing from the future only works if you don’t plan on having a future.
That’s why a bunch of 80+ year olds are currently talking about spending $5 trillion they won’t even be alive to repay. Mitch McConnel is as much a deadbeat octogenarian as Biden and Pelosi. Schumer and Trump aren’t far away from their 80th. Powell, Bernanke and Yellen (in both capacities) are complicit. The list of DC deadbeats is a very long bi-partisan one.
Many teenagers have a blowout spending spree on their parents credit card. But the folks in public office (and their supporters) seem to think they can have a free lunch if they lie often enough.
The middle class was destroyed to make room for a bloated government — from welfare to warfare. Its all been put on grandkids credit card.
An interesting and engaging discussion. Isn’t wokeness just a divide and rule strategy? Surely Putin views the US as a Nuclear Power hosting a clown sideshow in the creche?
/Isn’t wokeness just a divide and rule strategy?/
Internally, in the United States, it very well may be. However, the Democrats/Deep State seem to be totally unaware that they reside in a world of other nations: thus for example, blaming Russia for the 2016 election.
I am beyond flabbergasted at how they behave: Imagine renting a room out in your home, to make some extra income, and then finding your renter’s used butt plug left out on the kitchen table.
It is as bad as that. I travel abroad frequently and you would be amazed at the damage they have done to the reputation of the United States.
So, when they say, “our rules based international order”, the most important word in that phrase is OUR… they believe it and mean it.
And Putin is reacting to the butt plug… and is justified in doing so. IMHO
Amazed? Hardly. Absent the bubble-optic Western Media lens, a whole different world exists, the real one. Dexter and Tom spoke to this – the random output fax machine which creates an inchoate splurge of distraction memes, the mimesis of course being self-generated initially across the multi-stranded rope of corporate media.
So out of nowhere, the Davosians just evicted two of the only hawks on the FOMC in the space a week.
And despite acknowledging that they were TRYING to do this, you nevertheless characterise this as………..a hilarious failure?
Their ability to dump central bankers on a whim is a sign of their impotence?
More straw men. Keep it up Ivor, you are hilarious.
Yes the Fed is under attack. Yes they got scalps. No they won’t get Powell and no it won’t change policy. Brainard is a non-starter in the senate and time is running out on all of this crap.
If these people were all powerful these bills would have been passed in July. They haven’t been and likely won’t. ergo, they are losing control and these are desperation moves.
You fail to accept the truism that once the bully starts beating you, he’s lost the fight.
It’s okay, you’re European, y’all are used to being beaten down and knuckling under to tyrants.
Do I have to spell this out more clearly. You aren’t welcome here anymore. But ,if you continue to talk I will continue to publish you.
You are as desperate to ‘prove’ your point because now it’s a matter of ego not reason, as Davos is.
Shut your chattering monkey brain up for twenty minutes and you will see what I see. But, you can’t because you are as lost as any shitlib SJW or cult follower… for you, it is the cult of Davos’ power.
Seriously, with sugar on top, piss off.
Putin has a better understanding of US citizenry than the US government, which seems to be operating from some other planet.
Washington DC is just a national embarrassment.
This is probably too basic and old news for Tom, but if anyone is interested in exploring the cynical role of central banking in the world, I really recommend this obscurely titled documentary. The author posits, that instead of central banks responding to business and economic cycles, they actually now create and burst economic bubbles to achieve social transformations.
Princes of the Yen | Documentary Film
https://youtu.be/p5Ac7ap_MAY?t=3028
The documentary was based on a book by the German economist, Richard Werner, who was the person that coined the term “quantitative easing”.
https://en.wikipedia.org/wiki/Richard_Werner
According to Werner, the Japan economic crisis, the Southeast Asian crisis and the Greek-EU crisis were all deliberately created by Wall Street and the IMF. Which inevitably makes one wonder if the Dotcom Bubble, US Housing Crisis of 2008, and the current Mega-Bubble we are in are not also deliberately created? The ubiquitous phrase “Build Back Better” might indicate this?
The Chinese (and the Russians) seem to be well aware of the above dynamic, which may explain how they are currently acting:
PLA Strategist: The U.S. Uses Its Dollar to Dominate the World
If we acknowledge that there is a U.S. dollar index cycle and the Americans use this cycle to harvest from other countries, then we can conclude that it was time for the Americans to harvest China. Why? Because China had obtained the largest amount of investment from the world.
http://chinascope.org/archives/6458
I hope someone finds this as interesting as I did.
Princes of the Yen is an important Documentary…. great comment.
That mock-umentary was one sided and ill informed.
They blamed US based PhDs and MBAs for Japan’s fall, never mentioning that Japan’s mercantilist system could only be sustained if Japan was a small economy relative to the rest of the world (or if it became a global power like the British Empire once was). Japan went looking for other ideas because they had outgrown their system.
The not-really “new” system Japan picked was more Washington DC than Wall Street. Wall Street might have wrecked Japan too, but (mostly) didn’t get the chance. It was Japan’s insistence on central planning that got it (and Washington DC) into so much trouble. Central planning plus endless spending deficits is very Soviet (and increasingly very Washington DC).
Wall Street punishes hedge funds and countries that get over-levered (see Argentina, and countless other banana republics) or delusions of currency value (see breaking the British Pound as but one example). Wall Street might have decimated Japan if the stupidity of central planning didn’t get Japan first.
The US does abuse its global reserve currency status, but it was central planning that did Japan in.
Doesn’t seem like China learned that lesson. Nor did the losers in DC.
The last thing the Chinese or Xi’s Philosopher has not figured out is how to make Communist raised people think like freedom raised Americans think! Sure he knows many of our weaknesses but he does not know how to create our strength. He wants to destroy the school system but he will never get them all and does not understand how that gets foiled or that is wouldn’t work anyway. There will always be Americans who can out create and out build the CCP. They don’t get that and I am finished discussing how we do that. And no one else should discuss it either. They will try to steal and copy that like they do everything else. They are the best of thieves, but stealing thoughts is a lot tougher than plans!
The group-think, censor all opposition, cancel culture enforced by Silicon Valley is straight out of Joseph Goebbels (Hitler’s right hand man, and propaganda expert).
Biden’s covid shot comment “our patience has its limits” is literally a direct quote from Joseph Goebbels.
You are describing the USA that loved freedom. The millennial generation favors group-think, and Silicon Valley censorship is hardly traditional American values.
The parts of the USA that still put freedom above all else no doubt scare Xi. But there are a lot of young people who (reportedly) favor socialism or Marxism, they support censorship, they favor canceling any person who’s opinion “triggers” them. Those people are no match for China
What platform can I follow Dexter White on?
This one. He’s part if the GGnG newsletter and now a regular guest on my podcast. We’re hoping he can find the time to produce more content because he’s awesome 😎