An idiot’s tale

[Bill Bonner’s Diary]( An Idiot’s Tale By Bill Bonner Thursday, September 30, 2021 It is a tale, told by an idiot, Full of sound and fury, Signifying nothing. – William Shakespeare [Bill Bonner] BALTIMORE, MARYLAND – Yes, Dear Reader, them vs. us… left vs. right… Democrat vs. Republican – it’s all a fraud. It diverts the masses, while the elite pick their pockets and kick their butts. Stagey… fake… full of sound and fury – the battle over the debt ceiling is just the most recent example. It’s another “emergency,” says the elite press. Here, sounding the alarm… loud, clear, and phony… is The Hill: A government default on credit is worse than the most terrifying disaster movies you’ve ever seen. It means the government won’t pay its debts when they’re owed. It means the total loss of trust and confidence in the United States by other governments and foreign financial markets. In three words, it will be “a catastrophic blow.” Recommended Link [Which Side Will You Be On?]( [image]( A terrifying new trend that The Wall Street Journal called “inevitable” is forcing every American to make a crucial decision right now… one that could seal the fate of their financial future for this decade. Here’s one simple move you could make to end up on the winning side of this. [Click here to learn more.]( -- Bossed Around War is politics. Politics is war. The only difference is that in war, people are killed. In politics, they are only robbed… and bossed around. Both are dead ends. They produce no wealth (nothing that people really want, except the pleasure… for a few… of ripping others off). We described the phenomenon in our book Win-Win or Lose. [Bonner-Denning Letter subscribers can download Bill’s book [here](. To subscribe, and receive a complimentary electronic copy, just click [here]( [Featured: Musk, Cuban, Branson and 7 of the World’s Biggest Banks ALL Piling Into THIS New Tech]( There are only two ways to get what you want: either honestly… or dishonestly. You either make it… or you take it. How do you take it? You can rob a liquor store. You can sell a fake crypto coin. Or you can go into politics. We saw on Tuesday [how the COVID-19 virus became a political issue](. According to news reports, top officials from both the Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA) have resigned because they feel they are being pressured to approve the booster shots “and other things.” Apparently, “The Science” is not as sure and settled as we were told. And politics prevailed. Recommended Link [Bitcoin’s Judgement Day?]( [image]( The same research newsletter that posted an average return of 38.9% in 2020… As well as predicting cryptocurrency 12 years BEFORE Bitcoin was created... Just made a shocking discovery that could severely impact the Bitcoin value of 46 million Americans. That could be you. Your friends. Or your loved ones. So that’s why the Senior Investment Analyst of this firm, Dave Forest, has made his latest briefing available to the public. [Click here to watch it.]( -- What Credibility? Then yesterday, [the debt ceiling came front and center]( with almost everyone saying what a catastrophe it would be if the politicians can’t continue to spend more than they take in. But slowing the engines of the Titanic wouldn’t have been such a bad idea. And cutting back the feds’ spending to the 2014 level (so current spending matches current tax receipts, [as we suggested yesterday]( wouldn’t be a disaster at all. And here’s The Hill (member in good standing of the Ruling Elite) using the same idiotic, scary language for the debt ceiling as the feds use to sell their shooting wars: Debt ceiling games endanger US fiscal credibility – again. Really? How much fiscal credibility can a nation have when it spends $3 trillion dollars more than it can afford… on [“investments” that never pay off]( and runs up $29 trillion in national debt… and rigs interest rates to keep its debt costs low? Keep the Racket Going And what real harm would be done by admitting the truth – that it can’t pay its bills? It’s obvious it can neither tax enough… nor borrow enough (on the open market) to keep up with the bills. It can only keep this racket going by printing more and more money. That is, by resorting to the shadiest kind of “politics,” cheating the public with inflation, rather than taxing them directly. [Featured: Does Biden want to spy on your bank account?]( Which is precisely why the debt ceiling brouhaha is a fraud. Both Republicans and Democrats (all of them members in good standing of the Ruling Elite) share the same overriding desire – to keep the jig up. And while they jump and dance for the media fiddlers, neither wants an honest budget. Neither wants honest money or honest interest rates… or an honest, “win-win” economy. Instead, they are all committed to war and politics… to taking, rather than making. Recommended Link [The World’s First Quadrillion-Dollar Technology? (And $25 Lets You Play It)]( [image]( Bombshell analysis reveals elites are hiding $1.0 Quadrillion in the LAST place you’d expect… Jeff Brown – one of the most accurate tech investors in the world – just sat down for an interview to unveil: - How these “Private Economies” work… - Why 1 corner of this economy already jumped 18X in 2021 - How anyone with just $25 can stake their claim today Brown declares: “Hesitating now could force your family to wait centuries for another investing opportunity this big.” [Don’t wait, Click here to learn more.]( -- Partial Truce CBS News reported last night that a partial truce had been negotiated: Senate Minority Leader Chuck Schumer announced Wednesday night that an agreement to keep the government funded and prevent a government shutdown has been reached. The short-term government funding bill would keep federal agencies operating through December 3, but it does not address the looming deadline to raise the debt ceiling to avoid U.S. default. One way or another, the debt ceiling will be smashed… the reckless spending will go on… the Republicans and the Democrats will keep entertaining us with their mock battles… …and the [decline of the U.S. empire]( will continue. More to come… Regards, [signature] Bill --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=Heading for a cliff – whee!). --------------------------------------------------------------- FEATURED READS [Former French President Jailed]( French President Nicolas Sarkozy was sentenced to one year in prison for illegal campaign financing in his failed 2012 re-election bid. That makes him the first French head of state in modern times to receive two jail terms. However, it is unlikely he will serve his sentence behind bars... [Critics Say Biden’s Social Spending Programs Will Create a “Welfare State”]( move forward with Biden’s $3.5 trillion spending bill, as Republicans warn that the social programs included in the bill – including universal Pre-K and free college tuition – could have consequences for American work ethics. MAILBAG A dear reader takes issue with fellow reader Robert L.’s concerns regarding the Biden administration, who, in Wednesday’s mailbag, opined: Open borders, one world government, globalization, crony capitalism (Magic Money Theory), and Biden’s radical leftist administration! Not to mention his Critical Race Theory agenda, his “woke” agenda, his attack on the First, Second, and Fourth Amendments, and his expected signing of the UN small arms treaty. If this isn’t communism, I don’t know what is! – Robert L. I am surprised to see Robert L.’s letter concerning the freedoms he believes we are losing with the Biden administration. I am most concerned about his comments on the Fourth Amendment, which I believe to be our most important freedom, along with those of the First. However, my party, the Republican Party, has made a mockery of the Fourth Amendment, with its approvals of asset forfeiture and warrantless search and seizures. The Republican Party, in the past 30 years, has been complicit in dismantling the incredible freedoms afforded under the Fourth Amendment, with asset forfeiture run amuck in every law enforcement agency and municipality in America. – Lloyd S. Meanwhile, other dear readers share their thoughts on the U.S. “[heading for a cliff](... Your comments and books should be required reading for all citizens all over the world. Maybe that would reignite a little common sense and thinking in a world that so desperately needs it! If only… Keep up the good work please; it brings a little “light” where there is so precious little. – Egbert U. While much of your article is reasonable, I find your statement about the mandatory vaccination process irresponsible. This is not about politics! This is about a healthcare crisis for which over 600,000 U.S. citizens have paid with their lives. And many more will suffer from long-term effects of the disease. As I have said to some of our political leaders here in Canada, this is a case of the needs of the many outweighing the needs of the few. Healthcare rights are not individual when it comes to contagious diseases, unless you live alone on an island. – C. Stephen A. And finally, Bill’s missive, “[Teach the B*st**ds a Lesson]( riles up other dear readers... More than politics, it has become a religion. A cult, even. Tucker Carlson, on Fox News, illustrated it perfectly in addressing the Cult of Covid. “God wants you to be vaccinated,” according to New York Governor Kathy Hochul. Joseph, the Blessed Virgin, and the Baby Jesus each wearing a mask in the creche. – Galynn F. It is not a war to win at all costs! That is just the way many Republicans are thinking! Adolf Trump wants to destroy our democracy so he can win the political war and become a dictator! Don’t be like those Republicans who will lie and cheat and throw our democracy under the bus, just so they can win for their own selfish wants! – George D. This is all about fear. America has always needed “the bad guys.” And it changed over time from the Indians early on, to the Germans, to the Muslims, to the now-outlaws of the conservative ilk. And all rolled into this cake is “fear” from the banking system to the fear of the Middle East, or whatever the flavor of the day is. And the BIG ONE, the dreaded COVID-19, with morbidities approaching upwards of 1% of the population or more. Check on the death from the flu in 2017 and get those numbers. Or check on the number of deaths per year for all causes. The Bible teaches us “being unprepared is to act as a non-believer.” We will fight them on the beaches, we will fight them in the streets. We will never surrender. Someone said that, I think. Lesson learned. – Don H. Has America always needed “the bad guys,” as Don H. suggests? And who are the “bad guys” now? Write us at feedback@rogueeconomics.com. IN CASE YOU MISSED IT… [Welcome to an empire of debt]( Our credit system is currently sitting at $68 trillion. It’s the largest debt ceiling in the history of the world – in fact, it’s more than twice the value of every single home in America put together. It’s the most crucial part of our economy. And despite stagnant wages and rising costs, America still appears to be getting richer and richer (at least on paper). And there’s the problem… This massive credit system is about to collapse. But this system has a dark secret about where they’re going to get money to pay off this massive debt. This will affect EVERY American citizen! 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