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Capitalism’s triple crisis

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After the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity, rather than laying the foundation for a sustainable and inclusive recovery.

Capitalism is facing at least three major crises. A pandemic-induced health crisis has rapidly ignited an economic crisis with yet unknown consequences for financial stability, and all of this is playing out against the backdrop of a climate crisis that cannot be addressed by ‘business as usual’. Until just two months ago, the news media were full of frightening images of overwhelmed firefighters, not overwhelmed health-care providers.

This triple crisis has revealed several problems with how we do capitalism, all of which must be solved at the same time that we address the immediate health emergency. Otherwise, we will simply be solving problems in one place while creating new ones elsewhere. That is what happened with the 2008 financial crisis. Policy-makers flooded the world with liquidity without directing it toward good investment opportunities. As a result, the money ended up back in a financial sector that was (and remains) unfit for purpose

The Covid-19 crisis is exposing still more flaws in our economic structures, not least the increasing precarity of work, owing to the rise of the gig economy and a decades-long deterioration of workers’ bargaining power. Telecommuting simply is not an option for most workers and, although governments are extending some assistance to workers with regular contracts, the self-employed may find themselves left high and dry.

Worse, governments are now extending loans to businesses at a time when private debt is already historically high. In the United States, total household debt just before the current crisis was $14.15 trillion, which is $1.5 trillion higher than it was in 2008 (in nominal terms). And, lest we forget, it was high private debt that caused the global financial crisis.

Austerity pursued

Unfortunately, over the past decade, many countries have pursued austerity, as if public debt were the problem. The result has been to erode the very public-sector institutions that we need to overcome crises like the coronavirus pandemic.

Since 2015, the United Kingdom has cut public-health budgets by £1 billion, increasing the burden on doctors in training (many of whom have left the National Health Service altogether), and reducing the long-term investments needed to ensure that patients are treated in safe, up-to-date, fully staffed facilities. And in the US—which has never had a properly funded public-health system—the Trump administration has been persistently trying to cut funding and capacity for the Centers for Disease Control and Prevention, among other critical institutions.

On top of these self-inflicted wounds, an overly ‘financialised’ business sector has been siphoning value out of the economy by rewarding shareholders through stock-buyback schemes, rather than shoring up long-run growth by investing in research and development, wages and worker training. As a result, households have been depleted of financial cushions, making it harder to afford basic goods like housing and education.

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The Vaccine From Hell

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Take the dark-tech of DARPA (Defense Advanced Research Projects Agency), its civilian counterpart BARDA (Biomedical Advanced Research & Development), the stealth-ness of nanotechnology, the Gates Foundation funded “Quantum Dot Tattoo” aka “mark of the beast,” and combine it with micro-needling as an inoculation platform that is conceived from how snakes inject their venom into their prey, and nanogels that can connect with external technologies outside your body like smart phones, the cloud or other smart devices (5G from satellites), and what do you have?  Answer: Moderna’s new RNA vaccine against COVID-19 coronavirus.

Dr. Carrie Madej’s chilling video explanation of what Moderna is up to is worth 21 minutes of your time.  Dr. Madej is a McDonough, Georgia osteopathic-trained internal medical specialist.  Her video is a wake-up call to the world.  It is not sensationalist reporting.  Links to what Dr. Madej talks about are laced throughout this report.  Dr. Madej’s report should cause the world to put these new generation of RNA/DNA vaccines on perpetual hold.

Transhumanism

Dr. Madej’s blood curdling explanation of Moderna’s new vaccine presents a dark, chilling moment for humanity, a day of no return.  It has its roots in something called Transhumanism.

Dr. Madej is saying vaccine makers are up to more than producing antibodies against pathogenic bacteria and viruses.  Humanity is stepping into re-programming our entire species, homo sapiens, from what she calls version 1.0 to 2.0.

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John Summers: Uncovering dark stories of Canada’s legal system in new book

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There is an evident rot in the Canadian legal system and even the Canadian Bar Association has admitted that there is a growing gap in citizen’s access to justice. With many people failing to seek redress due to their lack of belief in a broken legal system, Ottawa lawyer John Summers is a perfect example of just how deep the rot has spread.  

In a book authored by Peter Tremblay, he uncoversstories of a corrupt system that accommodates abuse in the most inhumane form. One in which John Summers and his firm, Bell Baker LLP, apparently exploiting a disturbed senior citizen with chronic health conditions such as high blood pressure and diabetes in his continuous abuse of his wife.

The said apparently disoriented man had been witnessed running stop signs and switching lanes erratically on the highway and even losing track of his location when driving or even walking. Yet, this lawyer continued to stand in the way of the law taking appropriate action.

How can other victims trust a legal system that allows John Summers to continually aid this abuse by having prevented the abused wife from accessing medical care and support from her son and even the police—who only seek to perform a wellness check on her. 

For years, John Summers had employed every dirty trick in the book by resorting to lies, forgery and illicit collaboration with judges from the University of Ottawa, his alma mater, to frustrate every effort being made by the son to see his own mother and be guaranteed of her safety.

Titled John Summers: The Untold Story of Corruption, Systemic Racism and Evil at Bell Baker LLP, this book takes readers on a shocking journey into the alarming decline of the legal system in Canada, where both lawyers and even judges are complicit. If a court system can allow a lawyer like John Summers to not only trump over the ethical practices of his profession but also violate the constitutional rights of citizens, it becomes quite worrisome for everyone especially when it leads to the abuse, systemic racism and destruction of lives and property.

Tremblay’s book reveals just how effective and damaging certain cabals within the legal system can cripple the pursuit of justice in Canada with no form of accountability whatsoever. 

The negligence shown by elites at the Law Society of Upper Canada reveals the legal system in Ontario, which is Canada’s largest province, is apparently being run by incompetent psychopaths. These group of people not only show utter disregard for the human rights of those they pledged to protect, but also for the preservation of human life.

Like many other problems, the issue of corruption in the Canadian legal system is quite complex, but one way towards resolution is to understand just how deep the problem is. This book is a must-read and will open the reader’s eyes to real-life true crime stories about the underground world of the Canadian justice system that is being censored in the media, while also revealing these pieces of evidence in court.

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Bill Gates’ Comments on Covid-19 Vaccine Enflame ‘Mark of the Beast’ Worries in Some Christian Circles

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If the worries of most quarantined Christians in the United States center on health and when they might resume their lives, there is a segment that wonders whether this moment has greater biblical significance. These apocalyptic-minded Christians seem to have become increasingly less concerned about the disease itself and more concerned about the government’s response to the disease. 

To some, it appears Satan’s emissaries are poised to take advantage of the pandemic. Some Christian pastors believe the start of a Last Days battle for religious freedom began with the social distancing orders that have placed weekly in-person church services under fire. Tony Spell, pastor of Life Tabernacle, a Louisiana megachurch, defended his decision to hold a Palm Sunday service: “The church is the last force resisting the Antichrist, let us assemble regardless of what anyone says.” Another Louisiana pastor, Ronnie Hampton, decried the order “because Caesar is mandating how we conduct ourselves using the pretext of this virus to be able to conduct our lives and run our lives for us.”

American apocalypticists tend to be suspicious of government, of course. This is partly due to their conservative bent, but this suspicion is nearly mandated by a literalist reading of the Book of Revelation. John the Revelator’s arch-villains are political powers that institute totalitarian social controls while persecuting the righteous who refuse to profess their allegiance. The second beast of Revelation 13, commonly known as the Anti-Christ, will, according to many Christians, come to power in the chaos of the apocalypse. John described him as a miracle worker who will deceive the nations to worship the image of an earlier beast, a dragon with seven heads and ten horns that is sometimes identified as Satan himself. 

The second beast enforces this strange new religion by slaughtering those who refuse to submit to his sinister call to worship. John also prophesied of an economic dimension to the Anti-Christ’s rule. He stated that this beast “causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name… his number is Six hundred threescore and six.”

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