This going to sound a little bit crazy right now, but I think the free speech debate is a complete distraction right now. I think the real debate should be about free will. And we fill it right now because we are being programmed…. Jack Dorsey
I’ve been writing about the emergence of the corporate state and its subversion of democracy for many years. It’s nice to see that people are catching up the hijacking of our governments….
The Corporate State: The Emergence of a Quasi-Religion
With this essay I venture into uncharted territory linking past and present fields of social sciences in order to solve a metaphysical puzzle. This relates to the nature of a subliminal person known as the corporation and how this artificial person was able to sponsor a surreptitious belief system. The following essay offers an hypothetical interpretation on how the corporation evolved into a deity and its doctrine into a quasi-religion.
“The political, cultural, and moral crisis in the West is immense and effects all mankind. There is no generally recognized system of values on which to build. Even crimes against humanity are justified by ideological and pseudo-religious fanatics in order to force acceptance of their demand for totalitarian power. Even in countries with a long, solid tradition of democracy and constitutional law, human rights are being subjugated to the latest majority decision. In how many states are the fundamental human rights observed unconditionally in theory and practice? In nations where it is a deeply rooted tradition, freedom of religion and conscience is suddenly up for debate…
Rationally, it is possible for all insights, or results, of modern, natural, and historical sciences to enter into synthesis with the insights of revelation; thus, a contemporary Christian is not compelled to live in two different intellectual and spiritual worlds. More than that, the Christian message is the gospel of love, and the truth of the truth is not power but love…
Only faith in God is capable of an integral vision of the totality of reality; faith is participation in the unending mystery of God, which at first reveals itself “in a mirror dimly” (Cor 13:12).”
The Power of Truth, Gerhard Cardinal Muller
In economic terms, there is nothing more speculative than war. The costs are always guaranteed no matter the outcome, while the benefits are only secured by the victor. Moneyed elites benefit the most regardless of the outcome. While the working class is sacrificed at the altar of the spoils of war.
Military intervention abroad is the inevitable result of domestic financial excesses. Paid for by the misallocation of taxpayers money and the accumulation of government debt. Both are major contributors to inflation which lowers the buying power of the poorer sector of the population.
For the majority of people, buying a home is the biggest investment they will ever make. It’s referred to as an investment because of the long term commitment made to amortize a sizable loan secured by real estate. And once the debt is paid off, the investment will provide the owner with enough equity to secure a good portion of his retirement.
Whereas speculation is defined as making a short term monetary gamble with the expectation that it will pay big. As it happens, close to zero interest rates policy made real estate a speculative asset. And war, is also a short term gamble that a party will win and take over the economic resources of the conquered nation to finance domestic financial mismanagement. It goes without saying that a military conflict is utterly destructive and results in the dissolution of the defeated State.
Central Bankers driving interests rates close to ~0% was meant to be a short term gamble to kick start an economy that was stuck in a deflationary mode in the aftermath of the financial crisis of 2008. The low interest rates resulted in an unsustainable growth of government and consumer debt. As a side effect, the low rates drove the price of single family homes out of reach for an emerging working force.
The ~0% interest rate era is over and so are the speculative excesses it spawned. It will cost more to finance consumer and government debt as a result. Higher rates of debt will unavoidably lead to higher taxes. Measures that will be a deterrent to economic growth.
The U.S. federal government’s on an unsustainable fiscal path. And that just means that the debt is growing faster that the economy. Federal Reserve Chair Jerome Powell
Single family home values reached a peak in 2024 and are currently adjusting to higher interest rates. Until recently, property values were lifted by speculative buying as a result of historically low interest rates. For the most part, this was generated by investors buying homes as rental properties.
Investors who bought homes for rental revenue will evaporate in a rising interest rate environment. Profit seekers now have a choice of investing their money in low-risk short term T-bills at ~5% as opposed to about ~1% a few years ago. Or put their money in a relatively safe money market account that exceeds current returns on a rental property. A declining number of real estate investors will inevitably contribute to a downward pressure on home prices.
The value of real estate investment trusts (REITs) like Equity Residential (EQR) peaked in 2022 at $92 per share. As of this writing, EQR is selling ~30% lower. During a real estate correction, REITs typically come under pressure to sell part of their investment to meet investors’ redemption. The sale puts further stress on the value of the stock and home values.
Commercial real estate (CRE) is having a notable correction in the aftermath the lockdowns. It is exemplified by the recent transfer of a 26 story Manhattan office tower located at 1740 Broadway, New York City. It was purchased by Blackstone in 2014 for $605 million. The company defaulted on its loan in 2022. And it sold recently for ~$200 million. Going forward, distressed sales like these determine the value of comparable commercial properties in the market place.
Big corporate landlords like American Homes 4 Rent (AMH) have been buying whole development known as built-to-rent gated rental projects. The new business model is undertaken to cut the administrative costs of owning homes that are scattered in various locations. To implement built-to-rent properties, these big landlords sold ~3,000 homes in different neighborhoods so far. Companies like AMH will no longer bid prices higher in the market and are adding inventory of homes for sale.
Currently, banks hold a limited number of mortgages on their books. Since the 2008 financial crisis, loans have been sold off to Government-Sponsored Enterprise (GSE), like Fanny Mae, who in turn sell Mortgage Baked Securities (MBS) to investors. As a result, the Fed is no longer overly concerned about banking mortgage defaults triggered by lower property values. It can now concentrate on the domestic economy and the credibility of the US dollar. And keep inflation in check with high interest rates to curb a troubling rise in residential rents that have been a contributing factor to higher cost of living.
What made the USA an economic powerhouse was the mobility of its people. First, by settlers who moved away from economic discrimination and subjugation. Then, by immigrants who fled to a land of freedom, better economic opportunity and easy access to property rights. Similarly, cities marred by government mismanagement, high home prices, high taxes and high crime will push people to move elsewhere, seeking affordable homes and a safer environment. Whereas, counties unsatisfied with State rulers will be secede. Potentially creating a financial implosion in big cities and States burdened with out of control debt.
The exodus will leave mismanaged cities with an oversupply of homes for sale and lower real estate values. The exodus will generate a devolution of power away from big metropolises in favor of smaller community living. The transition will benefit small towns and mid-sized cities ruled by governments that are in touch with their residents.
The real estate market generates a great portion of economic activity throughout the country. If a sizable real estate correction unfolds, it will alter the feel good prospects for the economy. This will modify owners’ tolerance for incompetent governments and their institutions and generate a disintegration of established centers of power.
The Economist has been reporting on the state of the British Empire since 1843. Over the decades, it transitioned into the mouthpiece of a moneyed elite, the seasoned advocate of English-speaking colonialism.
Economist.com: The Next Housing Disaster – Global warming is coming for your home. Who will pay for the damage.
At the turn of this century, The Economist drifted away from the unfolding reality of a geopolitical tectonic shift that is consolidating continental Asia. One can surmise that the shift was triggered by the West’s endorsement of a global corporate doctrine to replace the existing New World Order. A doctrine meant to enable the political leaders of the West to maintain a colonial grip over the world with an International Rules Based Order.
Recently, the magazine came up with an assessment about a real estate market readjustment as a result of the government’s mandates to be imposed on home owners that will add the costs of retrofitting their property in order to remedy their contribution to global warming~climate change.
The potential costs stem from policies designed to reduce the emissions of houses as well as from climate-related damage. They are enormous. By one estimate, climate change and the fight against it could wipe out 9% of the value of the world’s housing by 2050—which amounts to $25trn, not much less than America’s annual gdp. It is a huge bill hanging over people’s lives and the global financial system. And it looks destined to trigger an almighty fight over who should pay up.
The looming threat reveals that the West is clinging to the global warming~climate change mantra even though it is increasingly being exposed as lacking solid scientific grounds. A climate projection that is not open to critical scrutiny. Theories that do not emphasize the effects of solar flares and activity on climate.
Linking climate mandates to a real estate property correction sounds more like a premeditated destruction of property values. With dire economic repercussions that appear to mirror the predictions and timetable of the World Economic Forum (WEF) and the great reset.
Transnational institutions and global elites are clinging together to foster the survival of a white English speaking colonialism with their climate mandates by imposing more expensive energy sources and banning affordable and abundant fossil fuels that would otherwise allow third world countries to prosper.
In the West, global warming~climate change has been a brilliant sales pitch to make people feel good about endorsing a green new deal economy that will benefit a selected body of investors, corporations and NGOs. A business model that is mostly made at the expense of the working class and the grassroots economy. Foremost, the green new deal and any adoption of a carbon tax related to climate change will secure the financing of a one world governance dreamed up by global elites.
While the West’s endless wars are about the takeover of foreign lands and assets in order to maintain a white colonial control over the world.
Miriam Grossman, M.D., a distinguished child psychiatrist with over 40 years of experience, has emerged as a prominent figure in the battle against the gender industry. Witnessing her commanding presence during a House Committee meeting in 2023, left me captivated. She was there testifying on behalf of a bill that would make funds unavailable for hospital training programs for pediatricians to learn and practice “gender affirming care.”
Dr. Grossman skillfully dismantled her opponents’ arguments with the accuracy of a seasoned military strategist. Her words struck with such precision that one could almost hear the impact like explosions. During her testimony, Dr. Grossman made several critical points:
“There is no evidence of long-term benefit, but there is evidence of harm.”
“Medicine is currently entangled with politics.”
“Our precious resources should not support such a pernicious experiment.”
“Sex is established at conception, not assigned at birth.”
“Sex is not an arbitrary designation that can change.”
In contrast to other voices within the resistance against gender ideology, Dr. Grossman’s statements are strategically focused on challenging her opponents, rather than ensuring universal comfort.
Dr. Grossman stands as a lone general amidst a landscape of organizations and individuals engaged in combat against an industry seeking to dismantle human reproductive sex for profit. Her unwavering stance, notably outside the moderate center where many discussions unfold, is resolute and unambiguous. While others tread cautiously, attempting to appease various stakeholders, Dr. Grossman directs her firepower squarely at the medical industry’s assault on young lives, leaving behind a trail of clarity amid a cacophony of cultural confusion.
Brought to our attention by Jennifer Bilek Newsletter
Debbie W., Richmond, CA
Extremely Interesting Read. Deeply researched account of the symbols om the US dollar.
I’ve always been curious about the symbols on the one dollar bill and the little book explains them well. Highly recommend this read.
Peter O., Santa Fe, NM
Good and entertaining… This book is full of historical facts about the symbols on the dollar. You won’t be bored reading it. The author keeps delivering relevant info till the end. And once you’re done reading the book, you’ll never look at the dollar the same way again.
L. K. M., Seattle, WA
Great read! Extremely well researched writing of the history, symbols and makeup of the US currency.
After reading the book you will love the tender you exchange everyday. Highly recommend.
R. S., Santa Monica, CA
Well researched book on the symbols of our currency. Very interesting and revealing aspects behind the history of our currency.
Joanne A., Novato, CA
Everything you ever wanted to know about the one dollar bill. This book explains all the symbols on the one dollar. Who knew it was so detailed? Very interesting!
M.J.B., San Diego, CA
Great Read! Well researched, packed with interesting facts about the US dollar. Quick read.
Highly recommend.
Carl L., San Francisco, CA
If you’re curious as to how the symbols found on the US dollar came to be, look no further than
Michael Rizzotti’s well researched book. In addition to providing the reader with the history and context, the author expands on related subjects such as the Federal Reserve and the dollar’ s evolution to becoming the reserve currency of the world. All in all, a good, well written read.
Ricky I., Palm Desert, CA
Interesting and Detailed. A unique and well researched explanation and interpretation of the symbols we have all seen on ou US dollar. Mr. Rizzotti vividly introduces us to the history of the symbols; and quite interesting interpretations on how and or why these symbols were included on the dollar.
