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Won't Get Fooled Again

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wigginsessions.com

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Thu, Nov 16, 2023 10:38 PM

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It was not necessary to point out that various organizations of elites, self-appointed saviors of th

It was not necessary to point out that various organizations of elites, self-appointed saviors of the poor benighted masses, are working in the shadows to save us from ourselves; it was ever thus. As The Who sang, ‘Meet the new boss, same as the old boss.’” ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ November 16, 2023 |  [View Online]( |  [Sign Up]( Won't Get Fooled Again “Meet the new boss, same as the old boss…” — The Who Dear , “The segment from Michael Rectenwald did not surprise nor disappoint,” writes in reader Damon C. “But it was not necessary to point out that various organizations of elites, self-appointed saviors of the poor benighted masses, are working in the shadows to save us from ourselves; it was ever thus. As The Who sang, ‘Meet the new boss, same as the old boss.’” CONTINUED BELOW... POWERED BY REPUBLICAN METAL COMPANY Conflict In Israel Sends Gold Soaring The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Geopolitical crises breed uncertainty – and gold thrives on uncertainty. At Republican Metals, we have made it our mission to inform fellow Patriots about a little-known "Cash Free Loophole" that allows you to move a your retirement savings into physical gold. Learn why NOW is the time for gold, and how you can execute this "Cash-Free Loophole" to protect and grow your wealth. [Claim your free Gold Investment Guide from Republican Metals now.]( CONTINUED... Well said. Damon continues: The problem is that a reasonably comfortable populace will not rebel until they have nothing to lose, long after they should have seen the writing on the wall. To paraphrase an old saw, ‘You can lead a man to knowledge, but you can't make him think.’ We’ve been keeping an eye on the Federal Deposit Insurance Corporation (FDIC)—the “self-appointed saviors of the poor benighted masses”—since the banking crisis in March. Monday, the following dossier came out of left field… making us think, like Damon, how much more can we take before something is done? The Wall Street Journal covered a report claiming the FDIC, the very regulator who insures and protects your money, as basically an old boys club that likes to party. Meet the new boss, same as the old boss… According to their website, “the FDIC insures deposits, examines and supervises financial institutions for safety, soundness, and consumer protection; makes large and complex financial institutions resolvable; and manages receiverships.” They also advise us on how worried we should be about the state of the economy, like their recent risk review of the banking industry telling us that everything is a-okay, with “surprising resilience of community banks despite inflation and shifting interest rates.” How tight were they when they came up with that assessment? We’re also aware of reports the Fed and FDIC have been hiring inclusivity and ESG types to regulatory positions rather than people with banking risk experience. That’s a story for another day. A think tank published a report saying 186 banks were at significant risk. And this same agency publishes an annual “Problem Banks” report which featured 39 banks last year. If this wasn’t such a serious issue, it’d be funny as all hell. Actually… It's still funny. But it’s also par for the course. And gives rise to the perception bureaucrats line their own pockets and pursue their own self interests at our expense. That may be a gross generalization. And may be tainted by our own run in with regulators in the publishing business. CONTINUED BELOW... POWERED BY THE ESSENTIAL INVESTOR CONTINUED... But while looking this up we found a Psychology Today piece showing narcissists are more likely to be attracted to politics and government because they see themselves as smarter and more important than the average citizen. Besides, we can’t get mired in serious academic analysis of the "[Attack of the Subversive Elites]( every day, right? The tale emanating from D.C. is as old as time. Politicians look out for politicians. Which made us wonder: why did this report get released on Monday? So it goes, Addison Wiggin The Wiggin Sessions P.S. Something about this story smacks of [the Great American Shell Game]( on a national level. And the only real protection is taking charge of your own money and financial safety. [Here’s how I recommend you do that.]( In the meantime, keep an eye on your bank account. POWERED BY DEMISE OF THE DOLLAR The Daily Missive from The Wiggin Sessions 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 The Wiggn Sessions delivering daily email issues and advertisements. To end your The Daily Missive from The Wiggin Sessions e-mail subscription and associated external offers sent from The Daily Missive from The Wiggin Sessions, feel free to [click here.]( Please read our [Privacy Statement.]( For any further comments or concerns please email us at feedback@wigginsessions.com. If you are having trouble receiving your The Wiggin Sessions subscription, you can ensure its arrival in your mailbox by [whitelisting The Wiggin Sessions.]( © 2023 The Wiggin Sessions 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 online 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. Sent to: {EMAIL} [Unsubscribe]( Consillience, LLC, Saint Paul Street, 808, Baltimore, Maryland 21202, United States

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