"For those who are determined to be rich fall into temptations and a snare, and into many foolish and hurtful passions which drown them in ruin and destruction. For the love of money is the root of all evil, after which some have coveted, and have lost their faith, and pierced themselves through with many sorrows."
1 Timothy 6:9-10
"Amen, amen, I say to you, all these things will fall upon this generation. O Jerusalem, Jerusalem, you who kill the prophets, and stone those who are sent to you, how many times I yearned to gather your children together, as a hen gathers her young under her wings, but you were unwilling. Behold, your house is now yours, but is made desolate. I tell you, you will not see me again until you say, ‘Blessed is he who comes in the name of the Lord.’”
Matthew 23:36-39
“Four sorrows are certain to be visited on the United States:
- First, there will be a state of perpetual war.
- Second is a loss of democracy and Constitutional rights as the presidency eclipses Congress and is itself transformed from a co-equal ‘executive branch’ of government into a military junta.
- Third is the replacement of truth by propaganda, disinformation, and the glorification of war, power, and the military legions.
- Lastly, there is bankruptcy, as the United States pours its economic resources into ever more grandiose military projects and shortchanges the education, health, and safety of its citizens.”
Chalmers Johnson, The Sorrows of Empire, 2005
The Dollar rallied back a bit today.
Gold and silver gave back some of their rebound to finish the week lower.
Stocks managed to consolidate their recent highs.
VIX is at an extreme low for this period of time.
Like death and taxes, reversals are coming.
And with them, blowback de luxe.
Count Witte: I see. So they talk, pray, march, plead, petition and what do they get? Cossacks, prison, flogging, police, spies, and now, after today, they will be shot. Is this God's will? Are these His methods? Make war on your own people? How long do you think they're going to stand there and let you shoot them? YOU ask ME who's responsible? YOU ask?
Nicholas and Alexandra, 1971
Their pride blinds them to consequences, or perhaps more accurately, they willfully blind themselves to what they are becoming.
For what does it profit a man?
No time for losers. Winning....
Have a pleasant weekend.