A synthesis of the current goings-on⦠[The Rude Awakening] April 26, 2023 [WEBSITE]( | [UNSUBSCRIBE]( Did Deep State Remove Tucker to Weaken Trump? - Biden and Harris announce they’re running for re-election.
- Was the timing of Tucker’s firing more sinister than it looked?
- Is all this happening now because the market is turning south? [Over 62 And Collect Social Security? Take Action Immediately!]( [Click here to learn more]( [If you’re over the age of 62 and currently collect Social Security, you need to prepare now](. Because Biden has given our country the worst inflation in decades – and many warn things will only get worse from here. Worse yet, the Social Security check you receive now may not keep pace with inflation… [Which is why, if you don’t act now, you could fall behind in the months ahead](. Is your retirement at immediate risk? [Click here now to get the simple, step-by-step actions to survive inflation](. [Click Here To Learn More]( [Sean Ring] SEAN
RING Happy Hump Day from another lovely morning in Asti! Today, I’m going to do two things. First, I will violate The Rule of One. That is, writing about one thing. There’s much swirling around, and I want to harness the pieces. Second, today’s piece is a speculative one. That means while I attempt to substantiate my opinions with facts, they are opinions nonetheless and should only be taken as opinions. Now that we got that out of the way, let’s speculate to our hearts’ content. Biden and Harris to Run Again in 2024 No matter how hard we hoped it wouldn’t happen, Joke Biden and Kackling Kamala Harris are running again in 2024. Besides his age and declining mental ability, [The Wall Street Journal Editorial Board]( noted: There is also his record in office: unprecedented federal spending that contributed to the worst inflation in 40 years, declining real incomes, worsening culture wars, and growing disorder and declining U.S. influence in the world. His approval rating is down where Mr. Trump’s was at this point in his Presidency. And this is where Biden and the DNC are playing with fire. They want to run against Trump… and only Trump. So The Donald needs to be weakened, but not completely condemned. In yesterday’s [Journal]( Holman W. Jenkins wrote: Mr. Biden needs 2024 to be a straight-up replay of 2020’s Trump referendum. He needs Trumpian controversies to take center stage first to secure for Mr. Trump the Republican nomination and then to assure for Mr. Biden the loyalty of Democrats and independents. Voilà, the indictment by Manhattan District Attorney Alvin Bragg has been working so far. He and other prosecutors just can’t succeed too well, because then the beneficiary wouldn’t be Mr. Biden, it would be every GOP hopeful with a pulse, who’d have a free shot at Mr. Biden on his record and infirmities. This is as much an anti-campaign as a re-election campaign. The question was, “How can we hit Trump in the media?” And unfortunately, they found their answer. Trump Without Tucker is a Weakened Candidate It seems there were far more sinister reasons for firing Tucker Carlson than the Dominion case and the pending “antisemitic” lawsuit. The powers that be got Rupert Murdoch to show Tucker the door in the middle of negotiating a contract extension for him. Does that sound like Murdoch had any intention of firing Carlson beforehand? Of course not. But keeping Carlson on at Fox was far too risky for Deep State. Biden may be a failure as a president, but he’s great at getting manipulated. So the last thing The Swamp wants to see is Trump’s orange face back in the White House. To that end, it’s alleged they forced Murdoch to fire Carlson forthwith. After all, can you imagine any company nowadays backing their man by saying something like, “We’ve never heard a bad remark from Tucker’s set and back our man to the hilt!”? Never. Gonna. Happen. [@amuse]( on Twitter speculates that Carlson’s contract pays him over $1.6 million monthly through February 2024. [@amuse]( tweeted: SOURCE: Tucker Carlson's contract was signed in Feb 2021 running through Feb 2024 or 25 (The Desk is reporting 2024). As a result, Tucker will be benched throughout much of the presidential election and speculation is that this was done very much on purpose. Tucker had a non-disparagement clause so he won't be able to say much. Hopefully, Tucker has an out as this would be VERY bad for the GOP. Now this makes loads of sense. Knock Carlson out of the way, and both RFK Jr (for the Democratic primaries) and The Donald (for the Presidential election) are severely weakened against Dribbling Joe. ChéNN sacking Don Lemon was a concession to make it all look copasetic. And to keep Carlson in his box, Fox is amassing loads of embarrassing texts and emails against him. This stinks to high heaven! We can hope that Carlson’s agent was clever and included a “get-out” clause. We can also expect Carlson’s lawyer will negotiate an out if an escape clause wasn’t included in his original contract. Now, this next bit may be unrelated, but it seems correlated… [Urgent: Currency Wars Alert]( âWorst case scenario is almost inevitableâ
-Former Pentagon Insider Jim Rickards [Click here to learn more]( In my 2011 book, I warned that the U.S. was engaged in a currency war. And that these wars: “Degenerate into sequential bouts of inflation, recession, retaliation and actual violence as the scramble for resources leads toinvasion and war. ”
Now with Putin invading Ukraine…Rising tensions with China… Inflation, recession, and supply chain issues all hitting the U.S. economy at the same time. It seems as if some of my worst fears have finally come true. [That’s why I’ve recorded an urgent video message.]( To update you on exactly what you need to be doing to protect yourself. Because if history is any indicator, this will not end well. [Click here to view my urgent video message.]( [Click Here To Learn More]( The Market Looks Weak and May Be Turning Over Only last week, I wrote: “[A Rolling Recession Means the Market Is Fine]( And already, I’m not sure about heading higher. Here is an updated SPX chart: [pub] Last week’s piece ended on magenta point 10. But as you can see, yesterday was a big down day for the market. I think we’ll be headed down for the next few weeks, at least. Ed Yardeni, whom I extensively quoted in the piece last week, still thinks the October low of about 3,500 will hold. For now, there’s no reason to doubt that. We’re about 600 points away from there, anyway. The bigger question is, “Will we break the previous low of 3,825 (point 9)?” Then the next target is point 7, whose low is about 3,750. From [Zero Hedge]( Goldman's closely followed flows guru, Scott Rubner, broke one of his golden rules and sent an email this afternoon ("I do not send emails in the afternoon... this goes against every email rule that I follow.") His message was simple - a doubling down on what he said last Friday when after a brief spell as a bull, he made a U-turn: "I am tactically bearish" And as to why he broke his email rule - "things have changed and flow-of-funds changed today... this is new". What is he referring to? Simple: the same technical force that provided a backstop to stocks for much of the past month when fundamentals threatened to drag risk sharply lower and which helped push the market right back to where it was... is no more. Worse, as Goldman's John Flood noted this evening, the CTA Long-Term Momentum Threshold flipped negative today below 4130, with the next two levels to watch are short term of 4067 and the all important medium-term CTA threshold of 4034 (which also happens to be S&P’s 50dma). Besides the usually apocalyptic Zero Hedge, [The Daily Chart Report]( was decidedly sourpussed. [SJN] [SJN] [SJN] Tech stocks may be the cause of the headache. [SJN] We’re not at panic stations by any means, but we may have some short-term turbulence in front of us. Wrap Up Ancient Joe and Kringy Kamala are running again. They may have an easy time if Trump is severely wounded and Tucker isn’t on air to save him. Even though Tucker “passionately hates” Trump, DJT hopped on air with him for an exclusive interview last week, didn’t he? That shows how politics shelve personal feelings. Meanwhile, and perhaps unrelated, the market is heading down for a bit. Maybe it’s just “sell in May and go away” time. We’ll see. Have a great day! All the best, [Sean Ring] Sean Ring
Editor, Rude Awakening In Case You Missed It⦠America is Dead. Long Live America. [Sean Ring] SEAN
RING Good morning from sunny Northern Italy! Whew, what a day yesterday was, news-wise. Micah and I had just returned from playing in Piazza San Secondo - the gelato was delectable - when I found out Tucker Carlson had left Fox News. Thinking “freedom of the press” was dead as we knew it, then I read Don Lemon finally found the trap door open beneath him. CNN had enough after 17 years of worthless showmanship. This seems like a concerted move by the men in black sunglasses to finally bend the Media Industrial Complex to its will. After all, Carlson questioned every narrative out there. And he committed the unpardonable sin of looking downright bipartisan by having Robert F. Kennedy, Jr. on his show the other night. RFK Jr. has spasmodic dysphonia, a disease affecting the voice box muscles. But if it comes between a hoarse candidate and a dribbling, demented President, the Democratic primaries will be too close to call. After all, the Kennedys, for all their sins, are American royalty. It’s safe to say the Bidens are not. Let’s look at what this could mean. America is Dead. Forgive the melodramatic subtitle. Because let’s face it, the America we knew has been dead for a while. The only question I ponder now is this: was America dead long before we knew it? My good friend and Rude reader Richard Nikoley wrote the bestselling book [Free The Animal]( which [Nassim Taleb himself recommends](. He [writes a blog]( of the same name to which I subscribe for all sorts of goodies, from fitness to travel to life in Southeast Asia. In his [latest blog post]( Richard questioned if we ever had free speech. After my initial “How dare you?” posture, I realized how right he was to ask the question. And when it comes to real politics, it’s crucial to admit “free speech” does *not* exist. Sure, you can point to the First Amendment of the US Consitution, a document no longer worth the paper it’s printed on. Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances. And Congress hasn’t made a law abridging the freedom of the press. But my goodness, the USG does everything it can to frame the narrative in its own way. [Richard writes]( The antagonisms over freedom of speech and censorship have been on simmer for years, finally reaching a boiling point. It’s important for personal and entrepreneurial development to overcome immature, underdeveloped, and quaint ideas and notions about the government’s essential interest in upholding and advancing censorship at all levels of society—the 1st Amendment to the US Constitution notwithstanding. Richard then points to Ayn Rand’s early-70s prediction that fascism would be the country’s undoing: I have stated repeatedly that the trend in this country is toward a fascist system with communist slogans. But what all of today’s pressure groups are busy evading is the fact that neither business nor labor nor anyone else, except the ruling clique, gains anything under fascism or communism or any form of statism—that all become victims of an impartial, egalitarian destruction. Richard goes on: What’s fascism? Look at the world. It’s big corporations running everything under all sorts of pretenses (including free speech and press) but welcoming regulation by the state (the economic, rent-seeking part, to hamper competition), and more than happy to do its political bidding (censor, curtail, or otherwise eliminate and neutralize those who engage in badspeak). It’s hard to argue with that. And we’ve seen it for a while. But here’s a glimmer of hope: Many would give up, thinking the marriage of companies and the government is the most robust system they’ve seen. What hope can you have against that? But in reality, the system relies on an incredibly fragile command and control structure. [Send Me Your Mailing Address!]( [Click here to learn more]( The biggest gold bull market in history has just begun. That’s why New York Times best-selling author Jim Rickards has arranged to send his must-read book on gold to any U.S. citizen with a valid mailing address today. [Click here now to see how to claim your copy of The New Case For Gold](. [Click Here To Learn More]( Long Live America. Here’s where I think the powers that be have screwed up. They’ve released Tucker Carlson into the wild. Not a good move. Sure, Carlson questioned nearly everything while he was on Fox. But now, he’ll be able to harness the internet in a way that old fossil of a corporation could only hope to. If I were Carlson, I’d copy everything I could from the most influential man in America: Joe Rogan. Go ahead and laugh. But Rogan sold his podcast to Spotify for $200 million. His average audience is between 9-11 million people per month. (Probably much more, I couldn’t verify the most recent numbers.) To compare, Carlson averaged about 3 million viewers per night. Not bad, for sure. But now, he can use Rogan's methods to grow his audience not by percentages but by multiples. Independent media is where it’s at today because you can only survive if you’re relevant, engaging, and informative. I don’t think Don Lemon would have the same luck. When you’re propped up by an aging corporation whose glory days have long since vanished, breaking out on your own is scary. As for Carlson, Fox News was holding him back. Now, he can get on with his job unencumbered while watching Fox stock tank. And this is why we should stay optimistic about the future. Sure, we’ll have our economic reckoning. But the great thing about new technology is that the government is always behind. After all, if government workers were good enough to be employed at private companies, they’d be employed at private companies. I’m hoping this move will propel Carlson to greater heights… and hopefully, he’ll encourage some regime change in the United States. Wrap Up It was a crazy day yesterday. But while it may look like a successful State hit-job, it’ll likely backfire on them. And soon. Tucker Carlson will emerge from the ashes, kitted out with new tech, ready to take on Washington and the world. I look forward to seeing his next moves. Have a great day! All the best, [Sean Ring] Sean Ring
Editor, Rude Awakening [Paradigm]( ☰ ⊗
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