"The market ideology is now the new form of imperial power and many of us, without any critical reflection, have signed onto that and organized our lives in that way so we do not have any time, energy or capacity for the things that are rightly important to us."
Walter Brueggemann
"The enormous gap between what US leaders do in the world and what
Americans think their leaders are doing is one of the great propaganda
accomplishments of the dominant political mythology."
Michael Parenti
"Congress and the Senate were empty pretenses, farces. Public questions were gravely debated and passed upon according to the old forms, while in reality all that was done was to give the stamp of constitutional procedure to the mandates of the Oligarchy."
Jack London, The Iron Heel
"Psychopaths often come across as arrogant, shameless braggarts—self-assured, opinionated, domineering, and cocky. They love to have power and control over others and seem unable to believe that other people have valid opinions different from theirs. What makes psychopaths different from all others is the remarkable ease with which they lie, the pervasiveness of their deception, and the callousness with which they carry it out.
Wherever you find money, prestige and power you will find them. We are far more likely to lose our life savings to an oily-tongued swindler than our lives to a steely-eyed killer."
Robert D. Hare, Without Conscience
Stocks were in rally mode, risk on this morning.
But alas, there appears to be a flaw in the bullish scenario.
Stocks reversed and gave up not only all of their morning gains, but fell out of bed, and went out on the lows.
We should not be watching where stocks go next, and if we set a lower low or not.
Gold and silver were monkey-hammered in the risk on exuberance this morning.
Gold managed to take back quite a bit of its early losses by the close of day.
Silver not so much.
The Dollar bounced a little higher on the flight to safety amid expectations of higher rates.
What will they think of next?
Have a pleasant evening.
