This is a story about two brothers, ages 9 and 10.
Marty, the older brother, did not treat his younger brother, Jesse, as he deserved to be treated. He never let him play with his toys or share his allowance. He went so far as believing that he was better and smarter than his younger brother, even though this was not the case.
One day, Marty did something terrible to Jesse. Their mother had just made lunch for the boys and put their sandwiches out in the breakfast room. Marty noticed that Jesse was still outside playing and he began to think about how he could hurt his brother. Marty had always been a little jealous of Jesse, so this was his chance to get even. He knew that Jesse was allergic to peanuts, which made his Mother worry all the time. She never seemed to worry much about Marty. So, when nobody was looking, he crushed a few peanuts and placed them inside Jesse’s bologna and mustard sandwich. That would do the trick!
Well, Jesse ate the sandwich and got sick, real sick. He had to go to the hospital and got his stomach pumped. The Doctor said he might have died had he not gotten treatment as quickly as he did, but he did get better and soon was able to go home.
Marty realized what happened and felt awful. He did not understand that what he did could have caused so much damage, maybe even killed his brother, so he told Jesse that he would never do anything like that again. And, he really meant it. From that day forward, Marty never did anything to hurt Jesse. He never put him down or made fun of him. And soon enough, Jesse forgave him for what he did.
Their mother knew that Jesse could have died and she never got over what happened because she never had forgiveness in her heart. So that Marty would never, ever do anything like that again, once a month she would get the two boys in the kitchen and tell Jesse what a terrible thing his brother had done. She would retell how sick Jesse was and how he almost died. When Jesse was in the hospital, she would tell how she was up nights praying that he would get better. Between the retellings, Jesse would feel terrible about what happened and still tried to forgive Marty. But it seemed that just as he would begin to forgive, his mother would gather the two boys again and retell what had happened, just to make sure that the two boys would never forget. Kind of like what happens in school when your teacher wants to make sure you never to forget certain kinds of history.
As the years passed, the stories their mother told each month got more detailed and eventful. Their mother kept telling Jesse what a terrible thing Marty had done, even as Marty felt awful and vowed never to treat his brother badly again. But the stories continued, on and on. Sometimes their mother would embellish what had happened. Small lies would creep into her stories to make it sound worse if she thought the boys began to lose interest. Jesse’s mother wanted to be absolutely sure that Marty would never again repeat what he had done to their family, so the stories continued. On and on.
Although Marty felt awful, and had never treated Jesse with disrespect after the incident (even sharing his allowance), Jesse eventually grew to resent his brother for what he did. He couldn’t think of anything other than what his brother had done to him and how terribly it affected his mother. Gradually, over time, he began to feel a bubbling hatred towards his brother. He did not really know how it happened, or why, but he felt like he just didn’t want to have a brother anymore. So, going on thirty years now, Jesse has never spoken to his brother.
Marty still loves Jesse but has moved on and has a good job and family that loves him. He knows now that he can’t do anything to change his brother’s heart, which has hardened with hate, feelings of revenge and getting even.
As for Jesse? When Jessie is out of prison on probation, he lives at home with his mother, who takes care of him every day and who continually reminds him of what his mean brother did, a very long time ago.
I have developed a Corporate Liberty Pledge that businesses that believe in Liberty and the US Constitution can sign and publicly acknowledge. The Pledge can be delivered personally to local independent businesses first for their approval and then to larger companies and finally to large corporations. Their acknowledgment will be published on our Corporate Liberty Website and will updated weekly, hopefully from small towns everywhere.
Here is the pledge:
As you can see, there is nothing in the Pledge that should scare anyone, especially those that believe in Liberty. The bottom line is this: Businesses of all sizes should not unfairly discriminate against people for their Politics, Religion or exercising their Rights as enshrined in the US Constitution and Bill of Rights. Period.
Process. There are many ways to go about disseminating the Pledge. I envision the following process, subject to change:
Present the Pledge. Prepare the method you feel works best for you. I personally use a clipboard to hold Pledges and a sheet to keep track of which companies you have visited and the date of visit. Then, go door to door and ask for the business owner. Tell he/she that you are part of a Nationwide effort to stop the Cancel Culture gripping our country, getting worse daily and that you feel is ruining America and taking our rights away from employment to travel. Ask if they agree. Any business owner knows about Cancel Culture and has likely formed an opinion. Finally, have the owner read and sign or send back within 7 days to your preferred email address. Tell them that by signing this pledge and supporting what the vast majority of America wants this could increase their small business revenues dramatically as the companies that support or don’t support Liberty will now be exposed to the public on the Internet.
This little proposal can ultimately have a major and positive effect as the list of good, Patriotic companies run by America’s great entrepreneurs is supported by consumers. Many of these businesses have been seriously crippled by overreaching Covid restrictions benefitting the largest Corporations.
Those that have been given the chance to sign and don’t do so will also be identified on this website.
Companies that do not sign on (mainly large and public corporations, chains and financial institutions) will be identified. For every large Cancel company there are usually several smaller companies run by a Patriot that they compete with who will gain business at their expense. The goal is that with a largely stable local economy, more dollars from Patriots will shift from those that are for Cancel to those that do not.
Boycotts. The Corporate Pledge project is PRO ACTIVE. As such, we will not be calling for any Boycotts on The Corporate Liberty website. People can simply decide for themselves which company they want to do business with by reviewing the responses and acting accordingly. The website address (owned and operated by Loss Control Resources LLC ) will be identified on the Pledge Form so that the businesses you visit can view and confirm their acknowledgement (or correct any confirmed errors).
This project is just getting off the ground. If you want to participate, or have other helpful ideas or suggestions, please feel free to contact Group Captain Mandrake by commenting here or PM at tr463rsbATcomcast.net.
This process will likely have many hiccups along the way, such as how to deal with companies that have signed on to the Pledge but later engage in unfair discrimination as defined in the Pledge. But for now, let’s just get as many small businesses signed on as possible so, at least in numbers and growth, we begin to overwhelm the big guys.
This post was originally published on The Burning Platform In August 2020. It will be updated periodically with Big Tech valuations until they are all sued as a monopoly. Also added Youtube alternatives since they are going to war with all Americans that love Liberty.
The Big Tech CV19 fix is in. Brick and mortar is dead and gone and replaced with virtual, for your own protection. And, for your kids (it’s always the kids). Big Tech has come to save the day!
No disrespect intended to the great Mighty Mouse who fought the bad guys, but what better world could the likes of Bezos, Zuckerberg, Cook, Gates and all the other Big Tech Internet mongering Robber Barons get than what is on the near horizon? CV-19 tm allows Big Tech to be “Save the Day” heroes by claiming to keep us healthy living in a virtual world. This will, unfortunately, make all the rest of us poor as dirt by comparison to their wealth which is already insanely and disproportionately high, and grows ever larger with each money printing Fed fiasco.
As of August 3, 2020, here are the combined stock equity value totals of just the top 5 of the S&P 500 (in descending order of insanity):
Apple. $1.84 Trillion(2.26 Trillion as of 04/20/2021)
Microsoft. $1.55 Trillion (1.97 Trillion as of 04/20/2021)
Amazon. $1.59 Trillion (1.72 Trillion as of 04/20/2021)
Google. $1.01 Trillion (1.55 Trillion as of 04/20/2021)
Facebook. $.723 Trillion (what a slacker) (.872 Trillion as of 04/20/2021)
Big Tech Top 5 Combined Equity: $6.71 Trillion* (8.37 Trillion as of 4/20/2021)
*Japan Nominal GDP: $5.15 Trillion
UPDATE. Please note that since August 2020 the values of the these totalitarian companies have gone up an average of 26% – during a Covid Depression.
The S&P 500 is 80% of the entire market value of all of the companies in America. The top 5 Tech companies represent 1% of the top 500 companies in America and have 25% of the stock equity. If that doesn’t mean that Big Tech rules I don’t know what does.
How did the people running these companies get so amazingly wealthy and powerful? Well, it’s not the stock loving Federal Reserve. Look in the mirror. We the people did it. We did it with our animal-like desire for immediate gratification over self-respect and privacy, love of technology regardless of human impacts and for just saving a few bucks so we can make it in the fake no inflation world. We buy from Amazon with no thought for that friendly business owner we used to buy from who now hangs by a financial thread. I am not talking about Wal-Mart, which is doing quite fine thank you because they were never shut down by your Governor. Many Non-tech businesses regardless of size are dying of Covid and Wal-Mart may be the only brick and mortar player left standing.
Full admission. Although I did not invent the Internet, I was one of the earliest users of the Internet and have an Ebay account dating to 1998 to prove it. I even had a BBS (Internet Precursor) in the early 1990s. My first Internet interaction was mind blowing. I could connect my i386DX computer to the Louvre computers in Paris with a mouse-click and see their collection in real time on my computer screen. Cool. But, over the years I have come to see how technology run by insanely wealthy egomaniacal tyrants bent on controlling all aspects of human existence isn’t just ruining personal and business relationships but also our country.
Now, with the New Covid Anti-Normal, we are set to buy even more from these people giving them even more power to do their worst. And that scares the hell out of me. They are blowing out quarterly earnings as the rest of America’s businesses are barely alive. You only have to look at the increases in their stockholders equity that have occurred during the economic Depression thrust upon the rest of us. Just as Covid physically targets and sometimes kills the elderly with poor underlying health, it economically targets companies not creating or living in their virtual world.
When I was growing up we shopped convenience rather than price. I suspect we did this because price differences were not all that much if we went somewhere else, so local was King. And, buying local helped people we knew that lived in our community. Today’s America, especially the millennial generation, could care less about our role in the big economic picture let alone the history and people that they believe never existed before they were born. Many think that the near geometric growth of the Internet has largely been due to people desiring instant gratification, however, when you buy online you wait a lot longer to get what you want so that is really a secondary issue. The real growth of Internet commerce is due to people and businesses needing to buy cheap in order to make ends meet in a highly inflationary world, much worse than the 60s and even the 70s, which the government does not report.
We now trade relationships and privacy for price and convenience. At the request of Big Banks using Internet based technology we gladly put our bank accounts online exposed to hackers from eastern Europe so we don’t have to drive to the local bank to do a transaction. If we still buy groceries or tools from one of the too big to fail Big Box stores, we would rather bag our own stuff than check out with a human. We do this without a discount for doing exactly what a paid cashier would do. No matter if we put bazillions of people out of work – we are in a hurry and isn’t this fun to be our own cashier!
I started believing in the evils of Big Tech Internet when I realized these guys worked deviously undercover, even before Google eliminated their company motto: Don’t Be Evil (at least they were being honest with us).
How about the Google “Play Store”? The “Play Store” not only gets you free software but has access to your Smartphones at any time to do anything they want with your data, often without you being able to say no thank you. After all, how harmless could a “Play Store” really be? To gain access into your personal world and private data, the Internet folks also came up with more Happy names like “cookies”. Who doesn’t like cookies? In reality, cookies are nefarious bits of source code designed to know more about you than your Mom. A very close relation to “cookies” is something we know to be bad called Spyware, but they do it in the open (Page 1278 of The Google User Agreement, revision 89) yet we don’t care because we are all so happy with our cookies! It’s only missing the Happy Meal. The so called “Cookies” helps make the Internet go around with targeted advertising but now its spinning out of control. Entire corporations no longer have to communicate directly with customers in our “self-service” internet world and amazingly place their business and client data in the unsafe “cloud” where they have NO PHYSICAL CONTROL because if they don’t (per the Tech monsters) they will be at a competitive disadvantage when the other idiots competitors do it. Hmmmm. Big Tech is not only replacing brick and mortar but has just taken control over Corporate America. Check and mate.
In my research for this article, I discovered that Google has something called a Master Website Blacklist that they setup to protect you from visiting websites with Malware. This is how that message appears in your browser about not letting you connect to a website for your own protection (wink wink). This seems a good cause but there are other means to protect your computer that work better than a centralized all powerful, all censoring Internet Cop called Sargent Google. But, how bad can that be? Well, on January 31, 2019 someone at Google got a little careless and blacklisted nearly every website in the world and for that “error”, the entire Internet was effectively SHUT DOWN for 40 minutes. I find that power just a little disconcerting if, for example, the Internet Cop wants to change the world. Replacing brick and mortar so you can be the only one with the key to the store is not good.
All of this Internet dependency began with the kids. The fact is, the Techies treat us like children because there just are so many in America, well into adulthood. Some of our Adult Children that live their lives in Technoworld are the ones that graduated at 21 or 32 from University and thus need “Safe Rooms”. Some riot and burn down buildings in the streets to express themselves peacefully. They share the politics with virtually every one of the companies named above. Every one. No exceptions. These are the new Big Tech loving Demobrats. From my new and improved Webmasters Dictionary:
The kids became Demobrats through an instant gratification Internet addiction that began early in life that assured that they would not grow up in a real world, or at least the world shared by all who came before them. It is becoming clear that while immersing kids in virtual worlds will prime them for a dark unreal future it’s not the kind of world that will give them any sense of fulfillment or even be good for their health. Study after study indicates that Internet negative effects now far outweigh the Internet positive effects . This is why we need to Cancel their culture before they use their immense wealth and power to cancel ours. Covid is simply the exclamation point to their Save the Day Globalist plan.
If the people that run these Big Tech companies succeed and their virtual world replaces not only brick and mortar but public education with virtual education, real human interaction – which we first learned in the classrooms of ancient yesterday – is dead. Our future as a Liberty loving nation, and as human beings generally, will be permanently placed with Slo Jo in a basement lockdown. Ironically, if home schooling takes hold we could eliminate brainwashing in public schools, so that COULD be an unintended consequence that the Techies didn’t figure. But there is already talk in the Biden camp that home schooling could put you in jail, so they have the bases covered.
The tech giants also have plans for your local voting booth. It will be way more convenient to vote from your safe computer. Just login to the Play Store Voting App and make sure your Cookies are turned on! Otherwise, sorry, you can’t vote. The virtual world will also destroy commercial real estate when working in downtown office buildings will be a thing of the past with the latest Zoom application from China. And, then there’s the real possibility of a Global Bitcoin virtual traceable currency that will be the only legal tender in the world. At least our fiat currency is backed by, well, paper.
So, maybe the Luddites were right all along. Luddites, now known to describe people shunning technology run amok, may actually have been the first victims of corporate downsizing. It all began way back in 1811 when Ned Ludd went into a bit of hysterics and tore into a textile manufacturing business destroying the machines that were replacing people.
This happened in Nottingham, England where another guy went after the rich and gave to the poor. I am not a fan of that kind of wealth distribution but am beginning to feel the pain of Ned. Technology is not all bad, but if unregulated will eat its own as we are now witnessing. Technology is also not inherently good or evil except when it becomes so powerful it is used to do one or the other, as defined by their leaders who are considered “great men” by the mainstream media. Power corrupts and absolute power corrupts absolutely. Here is the exact quote from the historian and moralist Lord Acton in 1887:
“Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men.”
Kids must learn that lesson and also understand that real progress, fakely represented by “progressives”, is not going forward in a virtual world without directions.
Part 2 of the two part Save the Day Globalist plan is nearly complete, that is until their world crumbles politically in November (that’s Covid Part 1, don’t believe the polls)1. You can help make their plan crumble if you start the Big Cancel of not only Big Tech but Big Media who is the powerhouse weapon behind the Communist takeover chaos in America.
I am neither an idealist or naive. Realistically, I know we can’t cancel Big Tech completely because they have embedded their claws in us too deep. But I think we can reduce their power if enough of us do little things that can have big long term impact (in no particular order and feel free to post other suggestions in comments below):
Whenever possible, buy local from real people in real stores with real bills
Keep hitting “O” until you reach a human and then (if you are successful) tell them you will move your business to a competitor you know of that has people pick up the phone
Don’t use “Chat” which encourages Corporate America to use more robots
Boycott businesses that are political activists supporting Big Tech censorship, information control and virtuality.
Heaven help us and our future if we cannot even manage some mild lifestyle changes to fight for a better world not dictated by Big Tech, as opposed to a real fight in the streets which most sane people want to avoid. If they have their way, Big Tech will easily have half of our Nation’s wealth tied up by a handful of megalomaniacs because those megalomaniacs took half of our jobs. Finally, to promote a more permanent solution, contact your Congressmen to break up Big Tech and Big Media NOW – both are monopolies. If they don’t agree, vote in people that will.
So, let’s move the great Mighty Mouse to our side, where he belongs. Maybe WE are the Big Tech Fix.
“The only thing necessary for the triumph of evil is for good men to do nothing.” ― Edmund Burke
Sic Semper Tyrannis
1The Nov 3 election that installed a POTUS with SCOTUS approval was beyond even my crazy imagination when I wrote this column. It will come to light someday and when it does, let’s pray that people are put behind bars so that a reoccurrence cannot happen again in America.
Group Captain Mandrake is the only sane person in the room, or so it would seem.
Captain Mandrake is a member of the Royal Air Force and is surrounded with insanity at all levels, even from those who would rather protect Leftist Big Corporations like the Coca Cola company rather than humanity.
He graduated from the University of Minnesota a long while back and before even this Left wing campus had safe rooms.
“I am perfectly sane, and that is why I am going crazy”. Mandrake
Please note that even though this website has excellent articles on topics of substance you will get nearly nowhere else on subjects of supreme importance to the visible universe (OK, thats Mandrake talking) it, for now, provides you our esteemed reader with no ads that distract from your enjoyment. So, please enjoy and pass along. Mandrake just wants to share.
After hearing about the absentee SCOTUS vote that could have determined the amount of fraud that played into the 2020 election of Josef Liden whose pre-ordained executive orders, supported by SCOTUS, are now killing our most basic freedoms…..well, someone said it much better than I can.
“THESE are the times that try men’s souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands by it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph. What we obtain too cheap, we esteem too lightly: it is dearness only that gives every thing its value. Heaven knows how to put a proper price upon its goods; and it would be strange indeed if so celestial an article as FREEDOM should not be highly rated”
Thomas Paine, 1776
Indeed, these are the times when a feeling of hopelessness in the face of seemingly insurmountable odds sometimes takes over. When this cloud of darkness hits hard I fight back harder with thoughts of people that have won against insurmountable odds.
Khan Janibeg and the Corpse Catapult (1345). Khan Janibeg was a mean old Mongol who liked to beat the crap out of most of Europe (no Netflix back then, so you had to entertain yourself). Khan laid siege to a Black Sea port (Caffa) ruled by Venice when his group of Mongols started getting the dreaded Bubonic plague (making Covid look like the bad Cold that it is). So, figuring that there was something contagious going on and he was losing to the Venetians big time, he went to plan B – catapult the infected dead bodies into the city. Even when he was outnumbered by astronomical odds, the plan worked and he took over the seaport. But he inadvertently helped spread the plague as the first biological warfare expert – the Wrath of Khan so to speak.
The Battle Of Muret (1213). French Crusaders consisting of 900 knights and 700 infantry inflicted nearly 20,000 casualties during a battle with the Aragonese and “Heretical” Christians (probably Biden Christians) as they were forced to retreat after their King was disposed of by the vastly inferior Crusader forces.
North Jackson High School vs. Fort Payne (1992). An AL basketball team that was vastly undersized in every way (North Jackson) hung on to go into overtime when, after numerous team and individual fouls, were left with only 2 players. They ended up winning against the full squad of Ft. Payne.
Talent on Loan from God. Whether you liked, hated or loved Rush Limbaugh he was inspirational not so much because of his belief in the always improving American way (i.e. in order to provide a more perfect union) but because of his optimism. Even in the face of dying with lung cancer he managed to get back on the radio nearly every week after undergoing treatments so awful I cannot imagine how he talked nearly nonstop for 3 hours a day. With few exceptions, he sounded as strong as always. He never gave up on us, or America.
Victors over adversity win for a lot of reasons, some with help from above or just insane luck, but the most important trait of the winner is self-confidence that transcends the foe – and knowledge of how to win by whatever means necessary. When you go up against a Giant, and you are a mere mortal, you do what you have to do. And, then worry about the means to an end later. Fair is fair.
The Cancel Culture seems the ultimate weapon against Americans that believe in Liberty over Tyranny. That banks cancel accounts and deny loans to individuals and businesses because they are not sufficiently “Woke” is so mind boggling that nobody writing Sci-Fi novels could have predicted the future we are now living with so little pushback from the obsequious masses. Or, our Legislators. Or, the Judiciary. We are waiting….. but can wait only so long.
When presumably well run companies like Hyatt Corporation go into near panic when a clearly false flag about CPAC being run by Nazis is orchestrated by an infinitesimal few (magnified by the MSM), it’s time for a coordinated push back. We have no chance for the Old Normal if we don’t fight.
During the Civil Rights era, legislators never thought to include “political speech” as a liberty that needed additional legal protection. It seems we now need a political or free speech provision to our Civil Rights laws because, apparently, neither the First Amendment or the equal protection clause concept embodied in the US Constitution is enough judicial power for our so called Congressman on both sides to do what is necessary to stop the insanity. Tell your Congressman to propose and pass such Legislation.
“I am perfectly sane. And that is why I am going crazy.”
Group Captain Lionel Mandrake (well, almost)
Unless we all manage to successfully live off the grid, physically and financially, we are going to have to reign in or depart from the too big to fail taxpayer funded banks like JP Morgan Chase that shut out people and businesses from the American financial system, because of their politics. They are also the ones first in line to show their respective agreement with “Wokeness”, another term for Marxism ala Fascism.
If you work at or go to an Institute of “Higher Learning”, your employment will be “cancelled” or you will not receive passing grades to achieve a degree if you disagree with “Woke”.
We also have companies like Delta Airlines that blatantly and with apparent impunity place good American Citizens on no fly lists regardless of their constitutionally protected liberty to travel because these citizens (a) believe that Josef Liden was the first President to be “installed” by the biggest election fraud in US History (now proven by a SCOTUS that believes people wanting to assure that the 2020 election was without fraud are now “Moot”) or (b) they participated in Civil Disobedience at the Capitol to protest (a). Even if you are turned into a Genetically Modified Organism with the Non-Vaccine Vaccine they can still find a way to take your Liberty.
For Cancel to end we also have to end the very concept of “Hate Speech” as virtually anything that the MSM defines as “Hate” can be used to push Cancel Culture. The notion of “Hate Speech”, and it’s “Hate Crime” derivative, was charted out long ago by the Left to get us to Cancel without needing “Hate Speech” legislation (though the “Hate Crime” concept is codified in the majority of states). Unlike the United States, so called “Hate Speech” has been outlawed in much of the so-called developed Western world because they do not have an equivalent to our First Amendment protections as our founders so wisely provided us as the foundation of the Liberty we have, until recently, enjoyed.
What about Archie? Bigots like Archie Bunker may be made fun of for their general ignorance. But in America they shouldn’t lose their livelihood or the ability to travel. Quite simply, Archie, like him or not, is as American as Rob Reiner and neither must be eliminated from society (sort of). If we allow these people to be cancelled into historical oblivion anyone is fair game.
Someone in power will always be coming for you and that is the reason for America and why we have the Bill of Rights. It’s to protect all the “Meatheads” of the world.
We can no longer abide in the increasing level of Cancel that erupted like a Covid Hoax because we are no longer protected by qualified representatives or members of the judiciary that love our Constitution over Leftist Woke.
Our newly woke Corporate Healthocracy, being used as the ultimate power grab by the Left, has superseded our Constitutional protections and our now impotent Supreme Court.
The Corporate medical profession has evolved into a cult because it no longer allows qualified practitioners to publicly counter a now entrenched belief system based on the systemic lies of the Left. When brave people like Dr. Simone Gold speak up, they too are cancelled. Then, Dr. Gold was subsequently arrested and put in handcuffs after her front door was broken down by gun toting FBI agents because she gave a speech about Hydroxychloroquine to help save lives inside the Capitol on January 6. Heaven help us and our Nation if we follow the Science of the Left. I don’t think they had this in mind when they had course names like “Political Science” in College.
Leftism has very successfully used Cult theory to indoctrinate the world and the management of America’s Corporations and Financial System. The Cult propaganda has been so effectively deployed, Herr Goebbels would be proud.
Back to Rush. Using a dose of Limbaugh’s optimism, I believe there is a way forward to strike a David vs Goliath blow to deal with the clear and present danger of Corporate America. It will be difficult to live off the “Fortune 500” grid, but it can be done with some sacrifice while helping small business survive in a world of $15 minimum wages.
My first “Cancel the Cancel” idea was to setup a website where sufficiently Woke companies are exposed based on irrefutable evidence provided by users similar to a Wiki update. Evidence could range from easily provable corporate policy statements supporting the idea of systemic racism to direct financing of Leftist organizations whose leaders do not believe in the Bill of Rights. Or, maybe even mandatory Corporate training in Systemic Racism or Critical Race theory (e.g. Coca Cola and Smith College). But after some thought, I felt this would be a nearly impossible task to manage and monitor properly over time.
So, based on the world we now face with an already entrenched Techno-Fascist-Healthocracy, I felt that going in reverse would be a more effective and proactive tactic. It will reflect this sad and simple fact of today’s America:
The majority of America’s major Corporations are already against American Values and the Bill of Rights.
In other words, most of Corporate America is already Woke or subservient to the Left. These bad actors can “afford” to be woke even while losing customers in the ever worsening Liden economic malaise as long as the Fed keeps buying their stock with leftover Trump monopoly money that enriches top management with performance based stock options. This cannot continue forever or hyperinflation will hit hard and fast. In the meantime the Woke leaders of Corporate America have seriously increased their net worth, albeit with worthless fiat dollars. But no matter. Being Woke is better than trying to do the hard work and actually run a company by increasing their customer base in order to be profitable and survive.
With that in mind, I have put together a Corporate Liberty Pledge that can be sent, initially, to local businesses in your area (those most likely to sign off) and then to every Fortune 500 Company in America for their approval. The pledge will affirm the most important of all Social Responsibility actions: Preserve and Defend their Customers Rights as enshrined in the US Constitution.
The Pledge will also serve as an all important Declaration of Independence from the Woke Leftists that run our mainstream media.
Here is the Corporate Liberty Pledge:
The XYZ Corporation affirms that the US Constitution is the basis of our form of government, designed by men not to empower themselves but to limit the power of governments that could otherwise restrict the people’s inalienable rights to Life, Liberty and the Pursuit of Happiness.
We affirm that our system of Government provides for the equal protection under the law for every American citizen to pursue these inalienable rights.
We affirm that it is the diversity of ideas that is the bedrock of our system of government and that by eliminating one idea over another ultimately destroys the tapestry holding America together.
We affirm that all people are entitled to basic Civil Rights regarding their employment, ability to travel freely and shall not be infringed without due process of the law.
Finally, we affirm that Freedom of Speech, Freedom of Religion, Freedom of Association, Freedom of Political Thought and the ability to engage in peaceful Civil Disobedience to address grievances with elected officials is enshrined in the US Constitution, and cannot be infringed.
We therefore pledge to do our part to engage our business in the most non-discriminatory manner possible with respect to all people, associates and organizations, regardless of their political or religious views or other legally protected Civil Rights that may exist.
I suspect few will affirm this pledge initially because of attacks by the MSM. Many others will be told by their Legal Departments not to publicly state agreement with the Pledge, no matter how innocuous. It is for these reasons that I want the pledge, in whatever final format it becomes, to have enough wiggle room to avoid legitimate conflicts yet make it clear as to corporate governance regarding the non-use of cancel culture.
No company should be supported that disagrees with or ignores the chance to affirm the Pledge. Companies that do not respond to the Pledge will be publically identified so We The People can make up our minds accordingly as to who to do business with. In other words, Fair Discrimination over Unfair Discrimination.
But those that do sign the Liberty Pledge will, I think, be handsomely rewarded by Millions of Americans when they do business with associates, vendors and customers in an apolitical fashion (as Corporations used to do without a second thought) that leaves our elected representatives to deal with the Nation’s never ending social, spending and tax issues.
This does not mean that a pledged company cannot lobby for their own financial interests (which many have forgotten should be their only primary interest) but they cannot marginalize people or refuse to do business with those whose political views differ with the CEO or Board of Directors. That should not be too hard to do.
As the list gets larger, and companies re-sign the Pledge on an annual basis until America returns to sanity, maybe a mutual fund (e.g. The Liberty Fund) can be arranged that only invests in companies that disavow canceling any individual or any organization because they are politically or religiously X or Y. Money always talks.
To this end we must then support every business that we can that is on the Corporate Liberty List.
Other equally important issues like a monopolistic Mainstream Media that creates and weaponizes Cancel and the Covid Hoax can also be dealt with but will take longer. Debriefing people so thoroughly brainwashed by the MSM with Covid terror when the latest news on Covid should be reducing, not increasing, their fears will be much more difficult. Debriefing people to negate use of masks in public spaces and alone in cars can be harder to accomplish than the brainwashing used to promote them.
Andrew Torba is the owner/manager of Gab. He has suggested that the way forward is to develop our own economies. This little effort I propose may be a part of that plan. If we don’t do it, this is the new economy we will be forced to live in.
“Never give in, never give in, never, never, never, never—in nothing, great or small, large or petty—never give in except to convictions of honor and good sense. Never yield to force. Never yield to the apparently overwhelming might of the enemy.”
– Sir Winston Churchill, 1941
Many of us now must be feeling like the founders did when they fought for our future. Or, when a small island nation stood up nearly alone to the most powerful military in human history.
Unlike our founders, I think we still have a peaceful means to an end, although for the time being it seems hopeless. When you do something, even if it seems nearly impossible to achieve success over the cultish feelings of isolation and going it alone (when in fact you have Millions at your back), faith increases as optimism improves. You feel better just for the doing. And when one method fails, do another and don’t give in or give up. What can you do?
“Do or do not. There is no try.”
Grand Master Jedi Yoda
These are the surely the times that try men’s souls. Don’t be the Sunshine Patriot. We need you. We need each other. We need America to survive us. And Corporate America has to waken from woke.
Sic Semper Tyrannis
Postscript. If anyone out there is more techy than me (which is hardly difficult) and can help put together a website supporting the New Corporate America, please feel free to PM me tr463rsb(AT)comcast.net.
Once upon a time in America, when television had only 3 Networks that produced generally excellent and well acted non reality programming, there was a series called The Man from Uncle. I got to thinking about how prescient that show really was……..
As I was recently granted top secret security clearance to the big secrets of our newly installed Commander In-Continent Joseph Liden (like where the Terrorists hid his Jello Pudding), I can now safely expose recently declassified details about our Big Tech Robber Barons and the clandestine organization to which they belong.
This organization has been around since September 1964, when it was formed to promote world domination by geeks using the digitization of everything with an early programming language called Speakeasy, developed in 1964 at Argonne National Laboratory (ANL).
The nefarious group started long before the Internet was invented by Al Gore, but continues today with massive financial support from Google, Amazon, Microsoft and Apple. Their nearly infinite supply of Stock Market monopoly money has led to almost total victory by dumbing down the masses with instant gratification requiring nearly zero rational thought.
The loosely knit group of home based basement dwellers was first identified by a Mr. Alexander Waverly in October 1964 who sought to control the group’s influence with a network of counter spies operating under the name United Network Command for Law Enforcement (U.N.C.L.E.).
Mr. Waverly understood the evil nature of this techno-fascist group and how they would be able to slowly transform the world by transforming the people using a network of spies that monitored and then controlled virtually all human interaction and thought. These spies were innocently called “Cookies” (Communist Organization of Killers, Evil-Doers and Spies).
He went to the top levels of Government to finance his counter intelligence organization and successfully obtained just enough cash to last 3 1/2 years.
However, that level of limited funding could not provide enough resistance to the ever wealthier Geeks and their Cookie henchman. The organization, which dominates politics and culture by canceling history and people that love Liberty over Techno-Tyranny, continues to survive today under the name of T.H.R.U.S.H. (Technological Hierarchy for the Removal of Undesirables and the Subjugation of Humanity).
The following power mad Geeks are active members of the T.H.R.U.S.H. organization today:
The names of other supporting members of T.H.R.U.S.H., mainly from the MSM, will be released at the end of Kamala Harris’s soon to be first term as the first female President of the United Socialist States of America to be Impeached.
Soon to be President Harris will likely have a statement about T.H.R.U.S.H. when she can stop smiling long enough to speak.
A GoFundMe site has been established to re-finance U.N.C.L.E. and bring Napoleon Solo and Illya Kuryaken back from their long rest to help us continue this fight to the end, before T.H.R.U.S.H. successfully realizes their long sought after goal of world domination by soulless nerds.
As a Christian who has Christian friends who voted for Joseph Biden for President, I am dismayed. These people with good will, but naïve hearts, have no idea what they have helped to unleash with their vote.
The fake religiosity of Pelosi and Biden are the classic lies of the Left to fool Good people. The brand of Marxism they project is the happy ending we all want. But this is, and has always been, based on the big lie of small people.
Small people that want to be big.
Small people that want to be important.
Small people that want to be powerful.
If you believe in the Biblical Revelation of John, it’s the work of the Beast. If you are not Christian, but yearn for America and Liberty, it’s still the worst of all worlds. Everyone loses. And yet, the Marxist lie so obvious to the educated few is not apparent to many Christians because they are looking through a short term lens for a happy ending.
That my Christian friends still voted for a political party now without a single Anti-Abortion Congressman needs no more discussion. Ditto that in 2012 the “official” Democrat Party Platform once referenced God but was removed and because of backlash, was reinstated. I will let you decide if God’s reinstatement was heartfelt.
Their vote for Biden was not a vote for Liberalism. It was a vote for the much different and more dangerous Left.
Here are some more close to home and slightly less obvious reasons why my Christian friends are wrong about the Democratic Party, and their current head of state, Joseph Biden.
The Christian Liberal thinks that electing Joseph Biden, even with close ties to Communist China, will bring equity and order without Civil Strife, just as many more did when they voted for Barack Obama. What they don’t understand is that the now Leftist controlled Democratic Party has embraced Communist tenets that have always resulted in the death and destruction of human beings everywhere, spiritually and physically. What will they say when peace only comes at the hand of a Police State and Communist lockdowns that destroys the human spirit with social credit scores, dividing people into tribes always at war with one another for Government spoils?
They think that Borders are bad because the richest country in the world should not shut out the world. What they don’t understand is that Open Borders will destroy the economic powerhouse that is the primary weapon against worldwide poverty and hunger and puts us first in disaster response anywhere in the world. What will they say when financial aid to impoverished countries like the Dominican Republic is limited or eliminated because our economic system has collapsed under the crushing weight of our no-border induced debt? What will they say when nobody responds to the next Earthquake in Indonesia?
They think that Love should be the only prerequisite for Marriage. What they don’t understand is that when equal societal status is given for Homosexual Marriage, the benefits for our culture granted from God with traditional families will be lost. What will they say when boys become gang members because of no Father role model in a safe and secure home? What will they say when you are forced to publically promote non-traditional Marriage personally or in your business that is against your strongly held faith or be bankrupted by Judges appointed by Leftists demanding you be re-educated?
They think that the Covid Pandemic is best handled with temporary Biden induced Lockdowns and Forever Masks so that infection, not fatality, rates are controlled and people can return to Church. What will they say when it becomes clear that the people they voted into office unleashed Covid to take down a Christian President and bring in a Global Reset (to stop hyperinflation from Central Bank money printing) and will continue with dehumanizing and nearly permanent Lockdowns because vaccines don’t prevent transmission? What will they say when every aspect of their lives is monitored by the Resetters for contact tracing and compliance to the Official Religion of Scientific Truth and a Godless New World Order?
They think that it is compassionate for the Church to believe in and even support someone’s gender dysphoria. What will they say when the MSM, schools and the Church are afraid to directly confront induced sexual confusion and the resulting child abuse mental illness that results in increased cases of Depression and Suicide well into adulthood? What will they say when all forms of gender madness leads to the absolute abolishment of the Science of biological sex, defying the natural state of human beings as defined by our Creator?
They think that the Church should – correctly – be open to all that enter it’s doors, but that the unredeemed can be placed in Leadership positions to show that the Church is non-discriminatory. What will they say when their Leftist Anti-Capitalist leadership destroys the very foundations of the Church, making the Church inconsequential and impotent as a follower, not promoter, of culture?
They think that the Left will let them be as they promote diversity and equality above all else, even if at the exclusion of their Biblically based views. What will they say when Christian Churches are closed and members sent to Communist reeducation camps to “de-brief” them on the sins of their faith that speaks of Good vs Evil? What will they say when Church doors are padlocked and eventually razed for having the image of a cross in public view or esposing Biblical truths that have existed for millenia?
But what about the almost entirely non-violent mainstream media defined Capitol “Insurrection”? Doesn’t that justify their Christian votefor Joseph Biden?
They think that Jesus, the Prince of Peace, would not break windows in the Capitol. What they don’t understand is that the only time Jesus was angered was when his Temple was desecrated by money changers, just as our elected officials have desecrated the people’s “Sacred” Political Temple – our Capitol – answering only to paid lobbyists and the biggest donors as they blindly allow the elimination of our ballots? What will they say when no Christian Conservative ever wins a major election, sits on a school board or federal bench?
Imagine there’s no countries
It isn’t hard to do
Nothing to kill or die for
And no religion, too
Imagine all the people
Living life in peace…
The Christian Left has nearly as much influence in the Church today as they have with the Democratic Party.
John Lennon’s Imagine world of Love and Peace, a tenet of the new Christian Left, can only exist under the rule of our true King at His own time and choosing. My Christian friends that voted for Biden believe they have the power to usher in this place on Earth now, without God, and that the “Faux-Compassionate” Democrats were the best choice in achieving that end, regardless of means. But they ignore the Left’s true Godless implications at their and my peril.
Then, with their Secular and Atheist brothers, they will legislate coequal outcomes into existence that kills our inalienable American spirit.
My Christian friends now on the Left will someday soon look around at an officially Atheist world they helped usher in as people of faith and finally realize it was all wrong. All of it. Voluntary human compassion for others will be replaced with mandated compassion to others. And everyone will look, act and behave the same without the common moral compass that has always been the basis of our American experiment in Liberty. What will they say then?
They are blind but soon will see what they have done.
If you haven’t seen the movie Bridge on the River Kwai, please do. At the end of this great WW2 film, a British Lt. Colonel at a Japanese prison camp brilliantly played by Alec Guinness, was so blissfully ignorant of what was happening in the world around him that he failed to realize who his friends were and, unwittingly, became their enemy until it was almost too late.
Staring blankly into space, the powerful utterance of his last four words from the depth of his soul, under his breath so low that he could not be heard by anyone but himself, may well be what my Christian friends say to all of us when the last stand for America ends and we are a country no more.
I cannot judge anyone, but I do pray that my fellow Christians will finally see what they are doing before it is too late. Before they utter those last words of despair from the depths of their souls, asking our forgiveness as Lady Liberty has breathed her last.
I am not a big country music guy. But, I have to admit that from time to time there is more truth in some of these songs than you find in many other musical venues. And, especially the MSM. But from truth comes redemption, and let it come sooner than later.
Along with almost everything sane people use to believe was the Truth in America, the US Stock Market is just one more lie. It has turned into a game of the Fed and Corporate Boardrooms, not free market Capitalism.
If you do invest in stocks (and don’t believe anything I say here as I am not an investment adviser nor am recommending anyone buy or sell stocks specifically in this article nor I do not own, rent, lease or have interest in any company owned by Hunter Biden and his Pop) you should at least know that little fact. Finance is boring, so will try to make this 10% interesting (the other 55% will be about math).
If you did not want to be a big investor in the stock market over the last few years because it was too opaque and no longer controlled by reliable economic factors over the long term, you (like me) may have a pretty big opportunity cost (losses from not investing in the market) and are maybe not as wealthy as some of your neighbors who were “all in”. At least my nest egg sits relatively secure, but sadly earning very little.
Since 2008, the stock market has been ramped up by two main factions: The Fed (Quantitative Easing) and Corporate Boardrooms (The Buyback).
This article is about how much poorer your “all-in” neighbors will be if they continue to listen to their “never sell”, “never time the market” investment advisors. These advisors help run the “Ponzi” scheme and submit to the “Greater Bank Fool Theory” where more and more Central Bank buyers are needed to support ridiculously high stock prices, while the people in the know (i.e. not us) will start a massive selloff. Mainstreet buyers are no longer needed to prop the market. And, when the fan gets whacked no stop-loss program will help you as you are just the “little guy” who will get as slaughtered as the Shoe Cobblers who became investment advisors in 1929.
The Fed has been “buying” the stock market that otherwise would have collapsed on it’s own, yielding the economic corrections to Big Government we should have had years ago. Although there is no proof (yet) I believe they do this directly through Bank purchases of stock indexes with QE monopoly money deposited to them that are awaiting some form of distribution via loans or US Treasury bond purchases (they are doing direct corporate bond purchases via index funds now). The NY Fed even has a trading floor and has JP Morgan manage trillions of their assets. This is presumably (wink wink) only to buy US bonds. Another big Central Bank, the Bank of Japan, has already been purchasing US stock indexes.
Stocks have gone up with the new FED policy supporting the Rich 401-Kers (Investors) over the Not Rich Working Classes (Savers) by forcing people, many of whom are my friends who don’t understand what is happening, to invest their meager nest eggs in the stock market because alternatives are simply off the table with near negative interest rates. Even though you have savings that you want to protect, you don’t want to earn nearly nothing. So you HAVE to buy stocks, or bonds which are even more inflated because of the never ending zero interest policy of the Fed.
Stocks HAVE gone up, a lot, co-incidentally it seems at the actual rate of inflation. But playing in that game where there is no underlying economic reality can be deadly, you just don’t know when it explodes. Even if you do make money in the market, I suggest it is immoral to do so on the backs of future generations that essentially pay for your gains when they must pay off the astronomical QE debt. Who do you think will be paying for all the Trillions of QE money going into stocks? Our kids, and theirs.
Some stocks and corporate bonds can at least get you a decent dividend or yield but even then you are well below actual inflation in our economy. Inflation that is not reported. They do not want you to know this. From Management Study Guide on Inflation:
The goal of the central banks is to keep inflation at a bare minimum. However, the policy of quantitative easing does the exact opposite. Since this policy creates money and uses this money to further amplify lending by using this money as reserves, it is inherently inflationary.
But they hide it, so far. The cost of living has been going up so rapidly in the last 20 years that half of America with two wage earners have virtually no savings in the bank. Part of the problem are medical and higher education costs that have had a massive impact on savings, along with no interest on said savings. You are forever in a Fed induced inflationary hole, that is unless you are a Wall Street investment banker or a tenured professor at the heavily endowed University of Lalaland.
Granted, some people are living well beyond their means and happy with their leased luxury cars and all that Bling, but many don’t engage in that phenomenon and still cannot make it on two wages. If cost of living was even remotely close to the levels reported by the Government with a contrived CPI none of this could not be happening. Half of America would be living with savings accounts having more than 2 weeks emergency backup pay. They wouldn’t be fearing a health crises that could put their family into bankruptcy.
So, why doesn’t the government just tell the truth on Inflation? They have no choice but to lie. Real inflation, likely in the neighborhood of 8-10% annually vs the 1-2%, cannot be reported because interest rates would have to rise to combat the ever declining dollar. Here is actual inflation (less the cost of rising taxes) as calculated before changes were made to make inflation artifically low for never ending QE: http://www.shadowstats.com/alternate_data/inflation-charts).
The results of all this are many, but your Government does not want to report real inflation because if the Fed Funds rate just regressed to the mean in the 20 year period prior to the Too Big to Fail Taxpayer Financial Bailout of 2008 (approximately 4.5%) we would be in big trouble.
Some people believe that the dollar is on the verge of near collapse up to 30% by 2022 due to real inflation and our $28 Trillion debt.
If inflation was truthfully told, bad things will happen:
Stock Market Collapse (no reason to buy insanely priced stocks, keep reading)
Real Estate Collapse (can’t qualify to buy median price home when payments shoot up by half)
Government Collapse (can no longer viably finance 28T when paying normalized rates to lenders)
People would bail on stocks because the reason they bought stocks in the first place (no interest on savings), even in times of near depression as we have today, would simply cease to exist. Are stocks too high now? Emphatically yes.
Stock Valuations. I could just stop right here with my TESLA example. TESLA is now worth Billions more than the stock market valuations of GM, Ford, Toyota, and Honda – Combined. TESLA is valued today as if every one of those companies are already dead and gone and there are only TESLAS being driven on the streets of America. If you have purchased TESLA stock, just make sure it’s with the same sort of Play Money that the Fed uses to prop the stock and bond markets. Also, like that gorgeous blonde in High School who was so popular that she was fighting off guys like bees to honey, TESLA is that woman to all the Left wingers who don’t know much about stocks or how they are valued as long as we are fighting Climate Change, their new Religion.
But, how should we value the market generally? Well, you can be a rosy Motley Fool guy who said just before the Dot.com bust (see chart below) that conventional valuation methods no longer apply because we are entering a “new paradigm” of value. The Motley Fool Stock Valuation System at the time was a simple momentum play: Buy stocks that are going up. That is not so bad for short term day traders but these guys meant buy AND HOLD, which turned out to be horrific investment advice and some of their followers likely went bankrupt. The Motley Foolers had lived up to their name.
American people are largely ignorant and when combined with amnesia can be deadly for the rest of us.
P/E (Price/Earnings) Ratios. It used to be that the widely recommended trailing P/E ratio was a good tool for buying stocks. Then, almost all of the investment bankers and brokers decided to change the game by valuing on FORWARD P/E ratios. This is just a magic trick. Nobody knows what the future holds, just like myself when I bought GM years ago a few months before the heretofore unknown pension problem was exposed. I no longer buy individual stocks for that reason.
So, the best measure is a trailing P/E which is based on actual as reported earnings, not some broker’s pie in the sky estimate that may or may not happen. And everything is always rosy to someone on commission.
I discovered the Case Schiller Trailing P/E ratio some time ago and I believe it is a good measure of stock market valuation overall because it uses a 10 year Trailing P/E ratio, adjusted for inflation. This takes out the big bumps in the road. If you look at the Case Shiller S&P 500 P/E now, I think you can say it is a bit alarming:
As of 12/24/2020, the current S&P P/E ratio is 33.7. This means that stock price valuation of the S&P 500 is 33.7 X 10 Year trailing inflation adjusted earnings. I have inserted a red bar to show how high that really is. Stocks are currently priced more than twice as high as the historical median, yet I hear people that were educated in College with MBAs in Economics or Sociology on Yahoo Finance say “It’s only up from here!”
Even more alarming is that if we were to use a 5 year trailing P/E it would be even higher still because the massive earnings reductions this year when Covid-84 hit would have more impact over a 5 year period than a 10 year period.
Stock prices are even higher now than in October 1929, Black Tuesday on the chart. I submit this as PROOF of the Fed buying stocks directly, it could happen no other way to keep stocks in record territory during massive Covid induced unemployment, a global recession and near Civil War. The pattern is as clear as Election Fraud – when the market suddenly dips on huge volume, it is suddenly bought on huge volume. If it walks like a duck?
Going back to the beginning of the 20th century, the only time it was higher and for a very short time, was the Dot.Com bubble in 1999/2000. I’m old enough to remember the Dot.com era and it was all about the birth of the Internet. Everybody was on board and the tech economy was rolling like a mile long freight train with Biden at the helm. It was the time of irrational exuberance. Clinton got credit for the economy he witnessed but he had zero to do with this organic new technology.
Then reality finally hit and even non Tech stocks went down 50% or more. Many Tech stocks lost 70% or more in value, most of the purely internet companies went bankrupt.
But at least back then there was an altogether new future that many could see, and that actually did occur as we are witnessing the Big Tech effect today – the virtuality of our economy. But today we have the highest trailing P/E ratio in US History (ex Dot.com) yet don’t even have the justification of a rosy transformative future. Today’s future includes more lockdowns and the destruction of the economy with a possible Marxist revolution. Small business (the backbone of America) is dying at the highest rate in my lifetime. But the market is at all-time highs.
Buybacks. Also juicing stocks to the unheard of levels we see today are Corporate Buybacks that have grown astronomically since 2008. Officers in large companies are highly incentivized to buy back their own stocks, pushing prices higher and higher in what may be the best Ponzi scheme imaginable for the upper crusters. If you ever worked for a large company, worked your tail off, met your performance objectives handily and still got a crappy 3% raise, now you know why. Profits that should have gone into salaries and capital investments for the future went into their own stocks and into the pockets of top management and others lucky enough to get in on the bump up the stock price game. Buybacks takes shares off the market. This makes stocks go up as earnings per share increases. And, surprise, the executives approving your measly raise got handsomely rewarded with their options and other stock price incentives. He who has the Gold makes the Rules.
Buybacks at S&P 500 set a record $806.4 billion in 2018. S&P 500 companies repurchased another $728.7 billion of stock in 2019. Those numbers have massive effects on the market.
I contacted the SEC to make the case that buybacks were actually ILLEGAL stock price manipulation. I based this on a simple premise. Companies have to report to the SEC how much of their own stock they will purchase in any given buyback plan but they do not have to reportwhen they will buy. So, without the timing requirement, they can buy their stock whenever they want to effectively put a floor on the price if there is bad news on earnings or other calamity, like the Boeing fiasco. Not surprisingly, Boeing had one of the biggest buyback programs in US history. Boeing spent $11.7 billion in 2017-2019 on repurchasing stock before suspending buybacks in April 2019 because of the 737 Max crisis. I would suggest that they knew what the 737 Max was going to do to the company and it’s better to have your stock drop 50% after you boosted the stock by 100%.
Now, if they were to buy at prescribed times reported to the SEC unaffected by market timed purchases like dividend payouts, this would be credible, although still not a wise use of funds for most companies long term future.
The end result of all this is that companies boosted share prices well beyond natural market valuations because they manipulated the market. And when these stocks go up, others that don’t have big buyback programs also go up because so many of these companies are in index funds which are tracked and bought by individuals and big institutions. Ultimately, reality sets in (like inflation will) and stock prices will fall but not after massively inflated gains have occurred.
So, combining FED actions with Corporate Buybacks means that even in the face of economic disaster, as we have now, you can reach new – and ever more insane – highs.
The contrarian argument to the above is pretty simple. As long as the Fed keeps printing money that finds its way into the market, you can’t go wrong. There will always be a quick and rapid rebound from any selloff. But this game of chance WILL end when inflation takes hold so that it can no longer be hidden and interest rates go up. Then, none of us in the market will be able to catch the falling knife greased with lies about inflation and the bubbling economy. The market can easily collapse all at once by 50-70%. And as I said, investing in the market is immoral by putting our stock market gains on the backs of future generations.
The Final Showdown – Inflation vs QE. Nobody can say when the financial collapse will happen. But when you start to see that the inflation lid can no longer be kept closed with fake Government Inflation reports and rates begin to rise slowly, and then more rapidly to combat what will become hyperinflation, if you aren’t already out of the market it will be too late.
All said, if the coup is successful and America goes Communist Reset and you are not in a free economy Secession State, you eventually won’t have any private wealth or property to speak of anyway. Then it’s all moot when a loaf of bread is $100 and you can just light your Cigars with the old worthless currency replaced by Virtual.