US Equity Markets At All Time Highs But Look Behind The Scenes
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We now have Q3 behind us and what a surprise the US equity markets are at all time highs across the board. As for safe havens they are not breaking down their lows. All of this goes to show the massive amount of liquidity that continues to be injected into the markets. Be sure to also check out the extended market wrap from Friday with Chris Temple. We cover a number of the major markets and recap how we closed Q3. Click here to listen to the full interview.
On this weekend’s show we focus on some background indicators that continue to flash warning signs. We also discuss how to be protected against a market fall while understanding that the negative indicators can continue for longer than most people think.
Also check out my weekend special posting of the companies that caught my eye at the Beaver Creek Conference. This will be posted in the afternoon on Saturday.
- Segment 1: We kick off the first two segments with Dan Oliver, Founder of Myrmikan Capital. In this segment we focus on the gold market.
- Segment 2: I continue on with Dan Oliver but this time focusing on the potential bubbles in the economy and how the credit system got us to this point.
- Segment 3: Dana Lyons joins me to recap a couple posts he wrote earlier in the week regarding the extreme levels that households are invested in US equity markets.
- Segment 4: I wrap up the first hour with Chris Martenson with a discussion on how to be prepared for the next crisis.
- Segment 5 & 6: We discuss the opioid epidemic with Charlotte Cuthbertson of The Epoch Times.
- Segment 7 & 8: We discuss the current protest climate within the NFL with Jason Day.
Exclusive Company updates from this week.
- Novo Resources – Recapping The Denver Gold Presentation and The Current Exploration.
- Glen Eagle Resources – A Discussion On The Plant Expansion
- Anaconda Mining – Updates on Production, Exploration, and Possible M&A
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You are welcome
oops, sorry, Cory.
Hi Skeeta.
Re. Seg 4:
With the potential derivative problem, do you really think the Fed is trying to generate inflation?
(As opposed to simply keeping the money system going until it is replaceable by a better, new system; possibly part crypto, part gold-based)
What about China/Russia forcing a new monetary system, taking things out of US Fed hands?
Healthcare:
https://www.youtube.com/watch?v=Hm7bC-N6aTg
I finished a very informative segment on healthcare which will air next weekend.
Off Topic: Bitcoin Gold and second hard Fork.
https://youtu.be/7kVSE5Pxxlg
Seg. 5:
Is this simply an accidental consequence of the American healthcare system?
Or is it a dastardly plot by the CIA as part of their black ops funding?
That CFS is a very interesting train of thought.
You know it’s kind of ironic, but I woke up this morning realizing that the America that I love could be right around the corner from disappearing. That saddens me because the only reason that I plan to go back to my home town which has turned into a Roman circus is to visit my kids and grand children. I used to look forward to going down but no more!
Segment 6 says “File not found”!
It should be fixed now JH! Not sure why it didn’t upload the first time correctly…
Thanks, Cory!
must be Marty Armstrong day………. MTF…….. 🙂
In the spirit of Martin Armstrong Day, from Vancouver this morning:
https://omny.fm/shows/money-talks-with-michael-campbell/money-talks-september-30-hour-1
Mr. Armstrong intended to say people are leaving Illinois, not Indiana; notwithstanding the fact I just left Indiana (not for tax reasons; I got tired of the weather.).
That is why , one needs to have a winter retreat……..
In the spirit of Martin Armstrong Day, a nugget from goldseek:
http://radio.goldseek.com/nuggets/armstrong.09.28.2017.mp3
In the Spirit of Martin Armstrong Day:
Don’t know if it will double, from here … certainly 30,000 might be possible (according to what I have seen him say in earlier articles / interviews.
SPX may hit 3,000 before a significant drop (I think it will likely hit 2,800 at least). This may be the “blow-off top” that marks the end of a significant market top.
I have heard people like Avi Gilburt say that a drop won’t happen until some time in the 2020’s.
I just heard a great interview of Mark Yusko on http://macrovoices.com who speculates that a blow-off top may not happen until 2019.
The folks who are spreading FUD (fear-uncertainty-doubt) to sell their particular views, like Jim Rickards and others, are right in their analysis in the long run, but don’t let you in on the time frame.
Being too soon is the same as being wrong.
30,000 on the DOW, that is (I believe he has even gone on record up to 40,000 on the DOW).
In the meantime, I agree with Armstrong (and Avi Gilburt and others) that the market momentum will propel the indexes to new all-time highs, at least to 3,000 for the SPX.
You need to keep in mind that there is precious little yield in other areas (e.g., bonds), which drives an aging population (with a passive investment strategy of ETFs) which will drive this market to the highs that Armstrong and others have specified. Let alone, the madness of crowds who will be driven by the financial media into the market (who are owned by the 1 percenters who are in the “distribution phase” of the cycle and trying to unload their stocks).
The best advice I’ve heard was to look at taking profits off the table and build a cash position (over the next year or so) in order to take advantage of opportunities on the flip side.
The other thought is to start looking into markets other than the U.S., since there is a shift occurring, and the future is pointing to greater returns in Asia, in particular.
The so-called “New Silk Road” is going to be quite an impetus (some say) for a new commodity super-cycle (I HOPE!).
Anyway, these are some thoughts, based on what I have been hearing … markets are all correlated now (West vs. East vs. Emerging Markets) and it will likely take a significant correction in order to play the next phase of things …
When this happens (2019 or beyond), I am going to look into Asian markets for opportunities (just sayin’).
YMMV
Sports on the Decline
COMMENT: Looks like Socrates was correct about the NFL – peaked and now declining! With or without Trump’s help! Bravo!
REPLY: Yes. The Cowboys and Cardinals linked arms amid National Anthem protests displays a sad day for where we are headed. The Sports Cycle is indeed a leading indicator of the decline and fall of an empire. The year 2015 saw FIFA peak, the Super Bowl peak, and even Tiger Woods peaked in golf. The decline is in motion. Mixing politics with sports is very bad idea. You will inevitable get 50% of the crowd angry and they wont go back. The year 2015 was a key turning point in sports.
https://www.armstrongeconomics.com/armstrongeconomics101/understanding-cycles/sports-on-the-decline/
Cowboys…stepped in Cowdoooo…. Sports cycle..ending..I have been saying this for years……
Cory is fixing it right now.
Linking arms is a far cry from not standing.
Would you agree Markedtofuture?
Big Al…better than kneeling. They are cutting their own paychecks.
Blowback? NFL Ticket Sales Crash 17.9% As Owners Lose Control Of Players
“We have seen a massive decrease in NFL ticket purchases this past week in comparison to years past…”
I find it interesting that the NFL teams seem to be going in the direction of not kneeling, but linking arms in solidarity.
How do you feel about that?
I have decided that if the Seahawks and the Colts don’t do that tonight, I will turn off the Tv.
My personal opinion is that standing and linking arms in solidarity is not a show of disrespect for the flag that I love. Let’s see what happens!
2015.75 was Just the Beginning
QUESTION: Hello Mr Armstrong
I have not forgotten when I saw the reportage about you on TV when you announced that in October 2015 will start the big economic collapse. do you think that that date was bit early or really there is some thing happened?
ANSWER: No, October 2015 was spot on. What you have to understand is this is really a complete process. That is the day Russia invaded Syria and that I said would mean that Syria would become a key focal point. Ever since we have the Refugee Crisis that has turned Europe decisively lower and changed politics – i.e. BREXIT, Barcelona, Poland, Hungary, Sweden, Netherlands all the way to Merkel and the immediate election where she has been significantly weakened.
Then do not forget we had Trump elected, which our computer also forecast. That turning point also marked the change in trend in interest rates. The Fed raised rates for the first time after that target in 2015.
We are looking at an economic crash – not a market crash. As government implodes with the Pension Crisis, capital shifts from public assets to private. This is a process that is not instantaneous, it is an ongoing event that will worsen now into 2020 and it will not end until this Private Wave peaks in 2032.
thanks for posting………
“We are looking at an economic crash – not a market crash.”….ma
Jerry I disagree as i think that what we are looking at is significant social upheaval. It has already started.
Owl…….that was a quote from Armstrong……..but, I agree with you a social upheaval is coming or has started already..
Of course it will take a long time for the sheeple to figure it all out………
World upset with the establishment………game over…..
http://www.zerohedge.com/news/2017-09-30/historys-about-be-written-catalans-occupy-schools-blockade-roads-amid-policegovernme
Seg 4….Chris…cap rates at 10% on real estate……….good luck……..
Robots to replace real estate agents…..that should not be too hard……since 90% of the agents are worthless…….
http://www.zerohedge.com/news/2017-09-29/real-estate-company-replacing-agents-robots
The National Board of Realtors…..will object……how are they going to get the robots to be political……….lol…….and get any licence and board fees out of a robot….. 🙂
Next will be ROBO FLIPPERS
New Sheriff at the Justice Dept , 1810
post that three days ago…….. 🙂
technical error……….posted……..
New Sheriff: He will be going after Wall Street…Of couse not.
Wall Street is very entrenched and needed reform is probably a long way off. The Wall Street Players and too entrenched in the American Economic System and reform, although needed, would certainly be very disruptive.
So how come Mueller has hired 16 pro-Democrat prosecutors who seem to be looking under every rock associated with Trump and ALL his advisers (guilt by association)?
Mueller is just stalling, ……before they come after him………9/11 will not be kind for the hypocrites
Did you happen to read the article that Hillsdale College published on this subject?
Oil:gold finished the week at fork resistance which I think will soon fall (which means oil will outperform gold):
http://stockcharts.com/h-sc/ui?s=%24WTIC%3A%24GOLD&p=W&yr=3&mn=0&dy=13&id=p68607736074&a=511956429
Good show gentlemen.
On the financial segments it may be a generalization but it seems that most commentators are almost on the same page……….biding their time. Trying to figure out what will break first and precede the big one. Of course, the real answers and who was on top of it won’t be known until after the fact.
Thanks for the opioid discussion. PBS has some major input on the subject Monday night.
There are many reasons for the problem. One being the way our medical society changed it’s outlook on pain management in the mid 80’s; it could be eliminated and nobody should suffer from it became the guiding principle. Equally, with the advent of opioids the initial marketing push openly lied about the dangers that accompanied their usage. Doctors bought it hook, line and sinker.
Later in the mid nineties, advertising rules where changed to allow drugs to be sold like a consumer good. “Ask your doctor……” was born. We have the results of it all today and many are still looking at ‘weed’ as being a major cause. That’s like harping at the government for all our problems and forgetting to mention the actions of the federal reserve……….
Did you know that $100 speculated by buying Bitcoin in 2010 is now worth $73 million?
Kinda makes a 10-bagger in mining not very good, and how many 10-baggers have we had lately?
Chain letters, pyramid schemes, beanie babies, tulip bulbs, wampum beads,……got to know when to hold um, and when to fold um……….first in, and make sure you are not the last one out……….jmo
Or, as they say, when the music stops make sure you have a seat.
Sure cfs, but PMs is shiny.
Keiser screamed bitcoin so much he got known as the bitcoin pump site.
That was right after he dropped silver $500 if ya want it.
He had the vision and understanding.
Thats what makes people truly wealthy.
Preaching to the choir, I hope:
(It should always be repeated often)
To help out RM, Marx was a Jew it is OK to dislike….
CFS:
Marx was not a Zionist.
I don’t have the same dislike of Jews that you have of Muslims. Zionism is not a religion. I disliked Marx for his economics just as I dislike Yellen for her economics and she could be a Mormon for all I care.
But methinks you doth protest way too much.
RM, I don’t dislike Muslims, I dislike Islamic terrorism. No, I HATE Islamic terrorism, which is not a religion.
I consider orthodox Muslims as misogynists. The religion needs to be reformed into modern civilization, because it is as obsolete as slavery, and I do care.
I am sick and tired of it being called “the religion of peace”, because it clearly is not when there are now, today, more slaves under Islam than ever existed under Judeo-Christian nations since the year 0 A.D..
Christianity was no longer a cult and became dominant when constantine converted to christianity about 350 ad (aprox)
Mohamed comes along(born) about 570 ad.
Christian Britain ends slavery thru the empire about 1830.
Two rough estimates by scholars of the number of slaves held over twelve centuries in Muslim lands are 11.5 million[2] and 14 million.[3][4]
throughout most of Christian history slavery has received the official sanction of the church. Leading figures in the Catholic Church, from St. Augustine, to numerous popes, to consider the enslavement of human beings to be a perfectly acceptable practice sanctioned by God.
“Let all who are under the yoke of slavery regard their masters as worthy of all honor, so that the name of God and the teaching may not be blasphemed.
new testament.
Those who have believing masters must not be disrespectful to them on the ground that they are members of the church; rather they must serve them all the more, since those who benefit by their service are believers and beloved
from CHRISTIANITY AND SLAVERY
IMPORTANT DOCUMENTARY INFORMATION
googling about
cfs I doubt if there are more slaves today under islam that ever existed under christianity.
Just thought I would check, I thought it was interesting.
Really doesnt change my thinking of either of them, I find them the same as they both come from abraham.
Personally I wish both groups would drop the religion and just try to understand what Jesus was talkin about, mohamed too and G buddha.
But thats not gonna happen and your gonna love it when Islam becomes the dominant religion on earth, should happen about 2070.
End of an age maybe.
As for warlike,
Hitler,Franco and Mussolini were christian, the US today is considered christian.
What religion was colonizing all over the world?
Spain,France,Holland.Britain,Portugal etc
Christianity is far from peaceful.
IMO, both religions are used as tools for the people most of us know as “the bad guys”.
Christianity was no longer a cult and became dominant when constantine converted to christianity about 350 ad (aprox)
Please do not lump all christians……under the POPE……..
As Martin Luther said….”I dissent, I disagree, and I protest”
1517 AD
Wasnt my intention, “early Christianity” is a bit of a story.
Im just sayin christianity was pretty cult like until Constantine converted.
Prior to that Polytheism was dominant.
Things change.
Christianity as a cult, might be where we are after 2000 yrs. Considering that some of the message has been hidden to some of the so called unaware christians.
Interesting view, still, tuff to call christianity a cult today.
I was just playing devils advocate to cfs “muslims are more wicked than christians”.
I have always wondered why The Bible has always seemed to condone slavery. That will be a great discussion for our upcoming Bible Study. I may even do a Daily Editorial on it with our “leader” who happens to be a Pastor with a PhD in religion.
b, If you want to check back over the last couple of weeks, I did post citations to articles on the total number of slaves brought to America (about 10 million)
and the total number of slaves CURRENTLY held in Islamic countries (about 25 million)
ISIS has even been selling them in Libya, in active slave markets, this year!
yupper cfs, open air slave markets in Lybia, we could thank christian nations for that.
$200 buys ya a young black girl. Sure, black lives matter.
Maybe we can consider slave markets in Lybia a joint effort.
No really sure how we an change conditions in Libya.
It’s a lot easier to break things than fix them.
If, Martin Luther was around today……..Would he put a sign on the door of the FED,
saying…..”I dissent, I disagree,and I protest” , you bunch of thieves………
One could say that it appears to be a “religion of peace” for those with similar beliefs.
The difference between Christianity and Islam is the Christianity underwent a reformation.
Islam did not.
I was not comparing historical practices, but CURRENT behavior.
To me cutting off the hand of a thief is barbaric.
To me not allowing women the freedom to associate with men, without the “permission” of a man, is similarly barbaric.
I believe in equality of rights; your rights as adults should not depend on your gender.
Today happens to be the 500th anniversary of The Reformation.
Kathy and I are going to a joint Catholic and Lutheran service at 3 p.m. this afternoon.
Big Al, Really! Apostasy should be punished by death?
When did I say that?
Murder is not even punished by death in the UK, and many states.
I realize that CFS
cfs, i sure as heck dont agree with slavery in any form.
debt slavery included.
Which is one reason I disagree with the abraham religions.
I too don’t agree with slavery in any form. But, regarding debt slavery that is a matter of choice which, by the way, I do not agree with either.
Calling on a daily basis for reformation of Islam.
I don’t think I’ve ever heard of a more Quixotic quest for a ‘non-Christian, non-Jew’–or for anyone, for that matter.
A lot of people “doth protest way too much”!
BBC on modern slavery.
Robert, the Zionists promote Marxism all over the world. For example, central banking satisfies the 5th plank of the communist manifesto.
Two noxious ideologies, Zionism and Cultural Marxism, are predominantly Jewish movements that have severely, negatively impacted the US.
How these two movements fit together, I don’t know. They appear often to be at odds. But they are both promoted by the mass media, and I suspect they receive funding from the same source(s).
Marx & Satan
by Richard Wurmbrand
https://archive.org/stream/MarxAndSatan#page/n0/mode/2up
Marx seems to have been a vile character in his personal life.
He was equally vile in his intellectual life.
“The relationship between Marx and his teacher, the Jewish writer Moses Hess, also considered the father of Socialist Zionism, was quite mysterious. In Hess’ mentality and philosophy there is a curious superposition of three ideological layers: Socialism, Zionism and Satanism. On the one hand, Hess was the mentor of both Marx and Engels and one of the founders of Socialism; on the other hand, he was the precursor of Zionism, even before Theodor Herzl. He was also the one who initiated Marx and Engels into Satanism.”
from the above link at http://www.traditioninaction.org/History/G_007_MarxSatanism.html
Sign on Van driven by woman……..Get in , set down, shut up and hang on………..
http://www.zerohedge.com/news/2017-09-30/meanwhile-bitcoin-soars-40-post-dimon-china-lows
https://www.financialsensenewshour.com/broadcast/fsn2017-0930-2.mp3
How can we ever have tax reform, if even conservatives, who know better, use static accounting?
One of the main purposes of tax reform in way of cutting taxes is to STIMULATE an economy. If you eliminate the effect of stimulation by using STATIC accounting, how can a tax rate cut ever “look” effective?
It is possible to calculate stimulation to GDP growth, and the effect of GDP growth producing INCREASED TAX REVENUE, by virtue of DECREASED tax RATES IS COMPUTABLE. Unfortunately, the mostly lawyer politicians we have in power, are mathematically incompetent. The MSM, with most reporters having humanities degrees, even if they were not politically biased are equally incompetent in this regard.
In the spirit of education, I resent this Nobel Prize lecture in Economics, very relevant to the discussions currently about poverty, the spread of inequality in wealth, etc.
Thanks CFS, I will listen to it.
It was not the best lecture I’ve heard, but I could not find a couple of better ones, I’ve watched a while ago.
oops, “present” not “resent”
This isn’t just the result of individuals within the state seeking more power; every centralized state views whatever is outside its control as a threat. The way to reduce or neutralize a threat is to take control of the mechanisms that generated it.
Once the state has gained control of these mechanisms, it is loath to relinquish them; to relinquish control is to invite chaos.
There is of course an intensely self-serving dynamic to extending state control: those being paid to enforce this state control have an immense vested interest in the state retaining (or even extending) this control, as their livelihoods now depend on the state doing so.
Un Justice w/ Judge Jeanine 9/30/17
Judge Jeanine rips republicans for doing nothing. At the 7:48 mark former Congressman Jason Chavez states he spoke with Attorney General Jeff Sessions and the DOJ is not going to prosecute some of the blatant crimes done in the US. At 16:30 she calls out Jeff Sessions to come on her show.
Sad to say, Markedtofuture, I hae never, ever watched this particular show.
One of the better ones……IMO……….better than CNBC stock watch…. 🙂
If you are referring to The Weekend Show, thank you.
Fox Saturday’s at 9:00pm she worked as a prosecutor and Judge. Highest rated cable show in that time slot. She speaks the truth and doesn’t care what others think about it.
ROY MOORE for AG………Boot Session OUT…..
Trump Is Making Canada Great Again
http://www.politico.com/magazine/story/2017/10/01/donad-trump-making-canada-great-again-215651
Yeah, Canada is real polite. No thanks.
Matthew, I simply don’t understand this but then again I am a “crazy old man” who has turned into a beer drinker.
Beer’s good, Al!
Yes it is Matthew. Easier to stay in control, at least for me. I think that we might be up to two dozen really great craft breweries in Bellingham now and there are very few that are not really great!
Guarantee you that I would have never “hit” on that honey when I was younger!
I hope not. No amount of beer could make that thing attractive!
Canadians Could Face Hate Crimes Over Using The Wrong Gender Pronouns
http://dailycaller.com/2017/06/16/canada-passes-law-criminalizing-use-of-wrong-gender-pronouns/
In other words, Canadians could face hate crimes for telling the truth.
I did find that missive to be interesting and I did comment on it earlier.
Big Al, it doesn’t matter who penned The Star Spangled Banner and when, (Frances Scott Key-Sept.1814), the point is your beloved National Anthem glorifies War. You understand this but like most Americans you get caught up in it’s patriotic fervor without realizing how damaging this can be to The American psyche. Surely you understand this but for some reason you ignore it, or you simply can’t see it because you have fallen victim to the propaganda.
The Canadian National Anthem stresses the love of our country. I too find The American National Anthem to be very stirring but any reference to The Military does not belong in any countries anthem, in my humble opinion.
You are correct that I love America. By the same token Mr. Tracy, I am the first to admit that it has made many mistakes in the past. By the way, I also happen to love Canada as you know.
Peace should be a reality and not a dream. When war is always present your nation will keep thinking with the mind of people at war. People get used to striking down what they perceive to hate without hesitating, and when they finish that, they look for another danger on the horizon, Bolshevism.
Where are those nasty Red Russians, we must root them out. Do you see what I mean.
I guess so Dick?
I like the way you call me Dick when you don’t agree with my post, this reveals a lot about your personality. BIG AL!
Cannot disagree with your comment about peace, Dick.
https://usawatchdog.com/…………….Fitts on the $21trillion missing …..
oops…………someone else posted….
Jerry…roll it out.
$21 Trillion Missing – Catherine Austin Fitts
Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says you can add $21 trillion of missing federal money on top of the $20 trillion U.S. deficit. It’s all in a new explosive report on Solari.com. Fitts explains, “This is $65,000 for every man, woman and child resident in America. In addition, it is now more than the outstanding official debt on the U.S. balance sheet. . . . We know that the U.S. government has been run like a criminal enterprise from a financial standpoint.”
The new report was put together by Dr. Mark Skidmore at Michigan State University, and it is a detailed year-by-year study of DOD and HUD budgets between 1998 and 2015. The missing money is called “undocumentable adjustments,” but that may just be a polite name for theft, fraud and crime against “We the People.” Fitts contends, “Here’s the critical issue because technology is leading us through tremendous change, and the people who get their hands on this technology and are able to subsidize the cost of capital are the ones that are going to win. They have done that by basically hijacking the federal credit and using it to help centralize power under them. So, we have to reverse that, and the Constitution is the tool to hold them accountable. All their arguments just fall down when you realize they have just stolen an enormous amount of money from the federal government outside the law. . . . The U.S. Federal government doesn’t have information sovereignty, and it doesn’t have financial sovereignty. So, we have to return it to that, and we have to keep that mechanism open long enough to get this money back.”
Fitts contends the Deep State swamp creatures do not want to give the money back and want to tear up the U.S. Constitution in order to keep all those trillions of stolen dollars. Fitts explains, “You want to preserve the Constitution because you want to have individual sovereignty, and you want your taxes to only go into things that have financial and national sovereignty. So, that has to be restored. The reason they want to tear up the Constitution is they don’t want to give the money back. That’s a legal mechanism that requires us and gives us the power to reverse this. . . . They say we have $20 trillion in debt, and there is no money. It’s a very different policy discussion if I can say, wait a minute, there’s $20 trillion in debt, but you stole $21 trillion . . . and we’re putting that back on the table for purposes of this policy discussion.”
In other words, “We the People” could pay off the entire federal deficit with the money that was stolen and still have $1 trillion left over.
Fitts also says, “Here’s the magic trick. You don’t need everybody to change this. It only takes 5% to 10% of the population to completely turn this around. It doesn’t take everybody, and that is one of the things that has got them so scared. . . . We don’t need to implode the federal government. We need to take it back, clean it up and get it to run according to the law.”
Join Greg Hunter as he goes One-on-One with the President of Solari dot com, Catherine Austin Fitts, Publisher of “The Solari Report.”
video click here….https://usawatchdog.com/21-trillion-missing-u-s-government-a-criminal-enterprise-catherine-austin-fitts/
MORE IMPORTANT THAN MOST PEOPLE KNOW>>>>>>>>>>>PASS IT ON>…..
BIG OWL>>>>>>you need to listen and have Fitts on the show again…..
I thought the $8.6 trillion missing was bad………just the tip of the iceberg
This is where Bix is all wet……..he thinks the good guys are crashing the system for our benefit……..no the thieves are stealing us blind……..jmo
Agreed, Jerry.
I read his ‘Road to Roota’ years ago, in which Greenspan figures as a closet hero working to restore the gold standard, and I’ve never paid him any more attention.
Some others are catching on………..on the MIC over lost money……
http://www.zerohedge.com/news/2017-10-01/here%E2%80%99s-how-much-your-taxes-have-gone-pay-wars-911
DT,
I don’t think you are totally correct.
It glorifies the battle for INDEPENDENCE and FREEDOM.
The war of 1812 was a last ditch effort by Britain to take back the colonies, having been preoccupied with other more essential European wars, primarily the Napoleonic Wars.
Lyrics
O say can you see, by the dawn’s early light,
What so proudly we hailed at the twilight’s last gleaming,
Whose broad stripes and bright stars through the perilous fight,
O’er the ramparts we watched, were so gallantly streaming?
And the rockets’ red glare, the bombs bursting in air,
Gave proof through the night that our flag was still there;
O say does that star-spangled banner yet wave
O’er the land of the free and the home of the brave?
On the shore dimly seen through the mists of the deep,
Where the foe’s haughty host in dread silence reposes,
What is that which the breeze, o’er the towering steep,
As it fitfully blows, half conceals, half discloses?
Now it catches the gleam of the morning’s first beam,
In full glory reflected now shines in the stream:
‘Tis the star-spangled banner, O long may it wave
O’er the land of the free and the home of the brave.
And where is that band who so vauntingly swore
That the havoc of war and the battle’s confusion,
A home and a country, should leave us no more?
Their blood has washed out their foul footsteps’ pollution.
No refuge could save the hireling and slave
From the terror of flight, or the gloom of the grave:
And the star-spangled banner in triumph doth wave,
O’er the land of the free and the home of the brave.
O thus be it ever, when freemen shall stand
Between their loved homes and the war’s desolation.
Blest with vict’ry and peace, may the Heav’n rescued land
Praise the Power that hath made and preserved us a nation!
Then conquer we must, when our cause it is just,
And this be our motto: ‘In God is our trust.’
And the star-spangled banner in triumph shall wave
O’er the land of the free and the home of the brave![27]
Cover of sheet music for “The Star-Spangled Banner”, transcribed for piano by Ch. Voss, Philadelphia: G. Andre & Co., 1862
Additional Civil War period lyrics
In indignation over the start of the American Civil War, Oliver Wendell Holmes, Sr.[28] added a fifth stanza to the song in 1861, which appeared in songbooks of the era.[29]
When our land is illumined with Liberty’s smile,
If a foe from within strike a blow at her glory,
Down, down with the traitor that dares to defile
The flag of her stars and the page of her story!
By the millions unchained who our birthright have gained,
We will keep her bright blazon forever unstained!
And the Star-Spangled Banner in triumph shall wave
While the land of the free is the home of the brave.
Alternative lyrics
In a version hand-written by Francis Scott Key in 1840, the third line reads “Whose bright stars and broad stripes, through the clouds of the fight”.[30]
I never thought that The Star Spangle Banner glorified war either!
Here’s something even most Republican politicians don’t want you to think about:
“What, sir, is the use of militia? It is to prevent the establishment of a standing army, the bane of liberty… Whenever Government means to invade the rights and liberties of the people, they always attempt to destroy the militia, in order to raise a standing army upon its ruins.”
—Elbridge Gerry, Debate, U.S. House of Representatives, August 17, 1789
I’m digressing here but these are good too…
“Today, we need a nation of Minutemen, citizens who are not only prepared to take arms, but citizens who regard the preservation of freedom as the basic purpose of their daily life and who are willing to consciously work and sacrifice for that freedom.”
—John F. Kennedy
“Gun bans don’t disarm criminals, gun bans attract them.”
—Walter Mondale
“To disarm the people is the best and most effectual way to enslave them.”
—George Mason
“Criminals obey “gun control” laws in the same manner politicians follow their oaths of office.”
—Anonymous
Matthew, that is a very apt analogy in todays world
Bix Weir on Venture Capital versus ICOs.
This is an interesting interview with Clif High discussing “Time”.
While I admire Clif’s intelligence and knowledge, it demonstrates yet again the biggest dangeroften lies in not knowing what you don’t know.
Special relativity, especially the four vector mathematical approach, indicates clearly the relationship between space and time.
General relativity and string theories may well produce further understanding.
However, this discussion is most thought provoking.
If any of you watched Ken Burns documentary on The Vietnam War, what amazed me was how The US generals would send their troops into the ground war without considering the terrain, the enemies position, or even looking at the battlefield from a logistical perspective. Incompetence and arrogance come to mind, no wonder they lost this war. DT
DT:
I watched. I was there in ’68. And I’ve read everything I run across about those days. It was all about body count, believe me. Small units were plopped down in the middle of nowhere. Dozers cleared a two or three acre site and the unit became the honey to draw in the NVA units. The idea was then to use the massive air/artillery fire to decimate them. Westmoreland was fixated on simply killing 8-20 of them to one of his. They figured when the pain became overbearing, the NVA would seek peace. That point simply never came. The Vietnamese leader’s mindset was totally different than Americans.
Read Firebase Illingworth as a perfect example of this ignorant and criminal tactic: https://www.amazon.com/s/ref=nb_sb_ss_i_3_8?url=search-alias%3Dstripbooks&field-keywords=firebase+illingworth&sprefix=firebase%2Caps%2C210&crid=P2AP6ZQEPQJG
Dont think the U S ever intended to win that war.
Maybe, but the point still remains they lost and they haven’t learned from their past. DT
I think the leadership knows exactly what it is doing.
It is the general populace that refuses to learn.
The real leadership definitely knows exactly what it is doing and the sheeple will apparently never wake up.
Well well Ive heard this for years. The Dow is going to crash ect ect.
Ive said it before and made a lots of safe money there. It may corre t but they its going wau higher and beyond logic. All I here out there is BEARISHNES cause its too high. Lots of cluless bears. I warned about gold that its going to have a difficult time. Theres alternatives too gold that pay divs.
I bought a ton of marijuana stocks and there are smokin lol. Up 1000s of % well gold bugs waist their time watching paint dry….
Check out weed.to has a stelar chart. After a large correcting and a shake out of the late commers BAM…luvin it.
Also my reits the last few years have soared. Paying divs og 6-9% !! I metionef that way back too. Good luk
thanks,
cCry, Big Al.