What the Ruling Class Has Wrought Were you forwarded this email? [Sign-up to The Daily Reckoning here.]( [Unsubscribe]( [Daily Reckoning] It’s come to our attention that you might be missing out on extra benefits exclusively for The Daily Reckoning subscribers. Check out our website where you can find archives, updates, and everything else included in your subscription. You can access it by [clicking here now](. “Ostentatious Stupidity” - The governmentâs âostentatious stupidityâ is multiplying existing problems…
- God is a prankster…
- Maybe the Amish have it right… Recommended Link [Incoming Implosion: Ticker 1 [-30%], Ticker 2 [-61%], Ticker 3 [-32%]]( Jim Rickards just issued a âkill listâ of 153 stocks you should sell right now. All of them can be found on the following page. [Ticker 1
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Ticker 151
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Ticker 153]( Heâs recorded a video to show you exactly why you should sell these stocks. [Get The Full List Here]( Saratoga Springs, New York
May 28, 2022 Editorâs note: Government is generally wasteful and incompetent. Yet what happens when you add âostentatious stupidityâ to the list? Today, James Howard Kunstler shows you his answer. [James Howard Kunstler]Dear Reader, When I wrote the book The Long Emergency nearly 20 years ago, I never thought that, once it got going, our government would work so hard to make it worse. My theory then was just that government would become increasingly bloated, ineffectual, impotent and uncomprehending of the forces converging to undermine our advanced techno-industrial societies. What I didn’t imagine was that government would bring such ostentatious stupidity to all that. Obviously, there was some recognition that ominous changes were coming down. Otherwise, we wouldn’t have heard so much chatter about alt energy, “sustainable growth,” “green” this-and-that. But the chatter was more symptomatic of wishful thinking for at least a couple of reasons: 1) Mostly it ignored the laws of physics, despite the fact that so many people involved in enterprises such as wind and solar energy were science-and-tech mavens; and… 2) There was a dumb assumption that the general shape and scale of daily life would remain as it had been — in other words, that we could still run suburbia, the giant cities, Disney World, Walmart, the U.S. military and the Interstate Highway System just the way they were already set up, only by other means than oil and gas. Now we’re finding out the hard way how much daily life must change, and is changing and how disorderly that process is in every way from the imperative personal adjustments to our spiritual attitudes about them. God Is a Prankster As with so many things in history, this disorder expresses itself strangely, even prankishly, as if God were a practical joker. Who would’ve imagined that our politics would become so deranged? That there would be battles over teaching sex in the fifth-grade? That the CDC would keep pushing vaccines that obviously don’t work (and that so many people would still take them)? That stealing stuff under a thousand dollars in value wouldn’t merit prosecution? That riots featuring arson and looting are “mostly peaceful?” That we’d send $50-billion halfway around the world to defend the borders of another country while ignoring the defense of our own borders? That financially beset Americans would spend their dwindling spare cash on… tattoos? Recommended Link [FDR did it first; Biden plans much worseâ¦]( [Read more here...]( On April 5, 1933, President Roosevelt signed Executive Order 6102 â changing the U.S. dollar forever⦠On March 9, 2022, President Biden signed Executive Order 14067 â which could change the dollar again, into something much worse⦠See the potentially sinister outcome of Bidenâs new executive order. [Go Here Now]( Notice that all of these strange behaviors have really nothing to do with making practical adjustments to the way we live. The collective psychology of all this is bizarre. Of course, mass formation psychosis accounts for a lot of it. Groups of people under duress, suffering from loneliness, purposelessness, helplessness, and anxiety will fall into coordinated thought-and-action if presented with some object or someone to fixate their ill feelings upon. Donald Trump was such an object. He galvanized about half the country into an intoxicated fury aimed at destroying him. It actually managed to drive him off the scene via a fraud-laced election which many in-power (local officials, judges) deemed a means justifying the desired end. That success reinforced their mass formation psychosis. Vaccines to the Rescue Alas, having succeeded against Mr. Trump, they were left without a galvanizing object to focus on. So, they adopted one of the devices of Trump-riddance, Covid-19, as the next object of all their distress and anxiety, adopting the mRNA vaccinations as their next savior du jour. Unfortunately, the vaccination scheme has gone very much awry, and now millions face a future with damaged immune systems. The horror of that is too awful to comprehend, especially by government, which caused the problem in the first place and can’t possibly admit it without demolishing its legitimacy… so it presses on stupidly and heinously with the vaccine program. Already all-causes deaths are substantially up, and in time the recognition of how-and-why this happened will reach a point of criticality. It will be too obvious to ignore. But by that time (probably not far away), the economy will be so wrecked, the people of America so deranged, and our circumstances so desperate, that the government will resort to a supremely stupid act of national suicide, say, starting a nuclear war. The government under “Joe Biden” seems perfectly disposed to that possible outcome. Which brings us to the spiritual part of the story: those unused to consorting with alleged “higher powers” might consider getting used to prayer. Recommended Link [Famous Trader: âI Canât Keep This Quietâ¦â]( [Read more here...]( A few years ago⦠After meeting with presidents⦠After getting featured in Forbes, Fox, Wired and even Playboy⦠This man stepped out of the limelight. Now heâs back with what could be the most shocking prediction of his career. It could have a $16.8 trillion impact on the world economy. It could also give you a chance to get very rich... [Click Here To See How]( Build Back Better Lately, a new derangement is overtaking Western Civ, for the excellent reason that Western Civ gave birth to techno industrial societies and is now first to undergo the alarming demise of that system. I speak of the World Economic Forum (under one Klaus Schwab) and its stated ambition to Build Back Better — based on its unstated premise that the current system must be nudged to its death sooner rather than later, and on-purpose. All the governments of Western Civ nations seem coordinated on this. But it’s not going to happen as Mr. Schwab and his followers hoped, for at least a couple of reasons. First, as already stated, God is a prankster and likes to throw knuckleballs at the human race. Anyway, the “better” that Mr. Schwab expects is an ultra-techno-industrial “trans-human” scheme that is unlikely to come about if the support system of the older techno-industrial system is no longer available to support it. As currently conceived, BBB depends on electric power, and that is one of the major sub-systems of our system that already looks like it’s going janky. Maybe the Amish Have It Right You get the idea, I’m sure, so I’ll cut to the chase for now. About a year ago I had my French easel set up on a country road nearby and was busy painting a motif at-hand when along came a horse-drawn wagon filled with four men in severe black-and-white clothing, wearing beards. They were apparently a bit surprised by the strange sight of me painting a picture and they stopped to chat. They were Amish and had lately moved to the county from down in Pennsylvania, which was running out of farmland for their fruitful people. Not a half-hour later a second horse-drawn wagon passed by. I admit, the incident gave me a thrill — not just the sensory pleasure of the horses’ ripe animal smell, and the gentle rhythm of their clip-clopping along. But since I had lately been writing a bunch of novels about life in a post-economic collapse town like my own (the World Made by Hand series), I enjoyed the strange delight of being transported briefly into a scene of my own imagining — the prequel of my own books. Many more Amish are landing in the county these days. I hear they go around to the failing or inactive farms with bundles of cash and make an offer, just like that. Evidently the method works. It’s given me a business idea: to start an Amish skills school, buy a few acres with a barn and hire some Amish men to teach all us non-Amish how to do a few things that might be good to know in the years ahead, like how to harness horses to a cart or a mule to a plow. (The Amish like to make a bit of cash-money when they can.) That’s my idea of how to build back better. What do you think? Regards, James Howard Kunstler
for The Daily Reckoning Editor’s note: Jim Rickards just issued [a “kill list” of 153 stocks]( you should sell right now. All of them can be found on the following page. [Ticker 1
Ticker 2
Ticker 3
Ticker 4
Ticker 5
Ticker 6
Ticker 7
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Ticker 148
Ticker 149
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Ticker 151
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Ticker 153]( And he recorded a video to show you exactly why you should sell these stocks. It won’t take too much of your time, but it’s important to get this list before Tuesday morning. [Click here for Jim’s thesis and the complete list.]( --------------------------------------------------------------- Thank you for reading The Daily Reckoning! We greatly value your questions and comments. Please send all feedback to [feedback@dailyreckoning.com.](mailto:dr@dailyreckoning.com) [James Howard Kunstler][James Howard Kunstler]( is perhaps best known for his 2005 book [The Long Emergency]( which predicted the financial meltdown and the implications of the peak oil problem. His 1993 book, [The Geography of Nowhere]( about the fiasco of suburbia, is a campus cult classic among the architecture and urban planning students. Add feedback@dailyreckoning.com to your address book: [Whitelist us]( Additional Articles & Commentary: [Daily Reckoning Website]( Join the conversation! Follow us on social media: [Facebook]( [LinkedIn]( [Twitter]( [RSS Feed]( [YouTube]( The Daily Reckoning is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Paradigm Press delivering daily email issues and advertisements. To end your Daily Reckoning e-mail subscription and associated external offers sent from The Daily Reckoning, feel free to [unsubscribe here.]( Please read our [Privacy Statement](. For any further comments or concerns please email us at feedback@dailyreckoning.com. If you are having trouble receiving your Daily Reckoning subscription, you can ensure its arrival in your mailbox [by whitelisting The Daily Reckoning.]( [Paradigm Press]© 2022 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Email Reference ID: 470DRED01[.](