Monthly Archives: February 2016

Oh Bergoglio not only ratified contraception, he ratified Eugenics

Look, the entire deal with Zika isn’t that it kills.  The issue is that it can cause microcephaly.  You know – IMPERFECT human life.  Or perhaps one might call it LIFE UNWORTHY OF LIFE (TM Third Reich – All Rights Reserved).  So not only did Bergoglio ratify contraception in order to thwart the conception, implantation, gestation and birth of less-than-perfect people – which is EUGENICS, he also used systematic war rape as the previous analogue to this, citing a dubious reference to Paul VI maybe telling some African nuns who were in a war zone and targets for rape that they could take contraceptives.

So, wait.  That sure makes it sound like Bergoglio views a microcephalic child as the same as a rapist – both being unjust aggressors against the woman.

Oh, he also said that the Ten Commandments are in “conflict” with each other, specifically the Fifth (Thou Shalt Not Do Murder) and the Sixth (Thou Shalt Not Commit Adultery). Yeah.  The Decalogue, according to this imbecile, is internally inconsistent.

And don’t even get me started on how he totally threw the Ukrainian Greek Catholics under the bus.  Unbelievable.

This malignant thug idiot needs to be deposed. Call an imperfect ecumenical council and do it already.  Basta con questa farsa.

Rorate has the full transcript.

Paloma García Ovejero, Cadena COPE (Spain): Holy Father, for several weeks there’s been a lot of concern in many Latin American countries but also in Europe regarding the Zika virus. The greatest risk would be for pregnant women. There is anguish. Some authorities have proposed abortion, or else to avoiding pregnancy. As regards avoiding pregnancy, on this issue, can the Church take into consideration the concept of “the lesser of two evils?”
Pope Francis: Abortion is not the lesser of two evils. It is a crime. It is to throw someone out in order to save another. That’s what the Mafia does. It is a crime, an absolute evil. On the ‘lesser evil,’ avoiding pregnancy, we are speaking in terms of the conflict between the fifth and sixth commandment.[WHAAAAAAAT????]  Paul VI, a great man [only compared to you, Jorge], in a difficult situation in Africa, permitted nuns to use contraceptives in cases of rape.
Don’t confuse the evil of avoiding pregnancy by itself, with abortion. Abortion is not a theological problem, it is a human problem, it is a medical problem. [WHAT???] You kill one person to save another, in the best case scenario. Or to live comfortably, no? It’s against the Hippocratic oaths doctors must take. It is an evil in and of itself, but it is not a religious evil in the beginning, no, it’s a human evil. [WHAT????] Then obviously, as with every human evil, each killing is condemned.
On the other hand, avoiding pregnancy is not an absolute evil. In certain cases, as in this one, such as the one I mentioned of Blessed Paul VI, it was clear. [So rapist = microcephalic baby???] I would also urge doctors to do their utmost to find vaccines against these two mosquitoes that carry this disease. This needs to be worked on.

If Only Elin Krantz Had Used Her SuperMagicJedi Forcefield Powers…

This video is from Finland and is a DEAD SERIOUS public service from the Finnish government teaching Finnish women how to repel musloid rapists.  Again, this is NOT SATIRE. This is the Finnish government in all of its flaccid, suicidal effeminacy advising women how to repel roving bands of their musloid conquerers, raping the women of the vanquished and submissive Finns.

If only poor Elin Krantz in Sweden had used her Jedi-Wonderwoman-mutant superpowers to repel the men who raped and murdered her….

Why didn't she just use her magic forcefield?

Why didn’t she just use her magic forcefield?

If I were Finnish, I would be praying to God day and night that Putin invade and occupy the country ASAP.  I’d much rather take my chances with Russians than musloids OR with the suicidal, detached-from-reality post-Lutheran Scandinavian culture.  And I’m not joking.

Quick Update, Benefactor Mass Reminder and Mailbag

  1.  Sorry for the hiatus.  I took a trip to consult with a priest about preaching.  He told me to pray the Rosary.
  2. I took my computer with me on my trip, but I have bronchitis, which is somewhat amusing, and has demanded that I get plenty of sleep.  I haven’t had bronchitis since I was a kid, but I immediately recognized the cough when it set in.  And the fact that I sound like Lucille Ball circa 1975 after smoking a pack of unfiltered Camels.  I can feel the big goober of mucous in my snorkel, and feel like if I could just get one good, deep hack that I would cough up something that would crawl away under its own power and then be done.  But, I don’t have an angry cephalopod living in my thorax, and so I just cough and take Vicks throat lozenges.  But I feel great otherwise.  No fever.  Not even a sore throat.  As with most viruses, all you can do is wait it out.
  3. Reminder!  Tomorrow is Benefactor Mass Tuesday!  0830 Eastern Time!  Thank you, thank you, thank you, thank you, thank you!  Scroll down and read the Overshadowing Shoulders post about the agony of Our Lord during His Passion, and then remember this:  Our Lord would go through ALL OF IT just for YOU – not for the entirety of humanity as one big “efficient” “truly worthwhile” event, but ALL OF IT just for YOU and YOU ALONE, and He would do it all just for you AS MANY TIMES AS YOU ASSIST (which means attend, or even attach yourself at a distance) at the Holy Sacrifice of the Mass.  I’m going to repeat that, because it is almost incomprehensible upon the first hearing:
    Christ would suffer His entire Passion and Death on the Cross for you and you alone as many times as you attend, over the course of your entire life, the Holy Sacrifice of the Mass.  This is why complaining that the Mass is “boring” is one of the more truly awful things that people today say. This is also something that one should focus upon when one has no choice but to attend an illicit and scandalously offered Novus Ordo Mass.
  4. Mailbag:I won’t post the letter, but just a summary.  A woman with three teenaged boys, two with learning disabilities, after reading the Negative Interest Rate piece wrote to ask advice about education in light of the fact that western civilization is going to hell in a handbasket before her very eyes.  My response, which I think applies to most everyone with youngsters these days:Hello-
    Your two younger boys should be learning TRADES. Don’t you see that trying to force “learning disabled” men into academia is, for all intents and purposes, setting them up for total failure?  Have you ever noticed or asked yourself why there seem to be so many more people, especially boys and men, diagnosed with “learning disabilities” these days?  It is because boys and men who didn’t have a specific intellectual/academic vocation (which is nothing to be at all ashamed of) used to learn TRADES and had very successful lives – up until the Communist infiltrators took over the schools and starting implementing their plan to make all people drones and slaves of the state through the schools and universities.  
    Able-bodied men who are NOT specifically geared toward academic pursuits should be learning things like welding, plumbing, woodworking, agriculture, heating/air conditioning, cooking, baking, etc.  Most people, truth be told, simply do not need education beyond the 5th grade level.  People should be able to read and write, perform arithmetic up to simple algebra, working with fractions and decimals, simple geometry (area, circumference, simple calculations with triangles, etc.) keeping a simple ledger, and calculating interest. Also, a broad survey of biology and physical science, and a broad survey of history.  And, of course, thorough instruction in the Catechism.
    Further, the universities today, almost without exception, are satanic cesspits of indoctrination and diabolical narcissism.  It is stupid to the point of moral depravity to send a young person into such an environment, much less to saddle them with massive, unrepayable debt – to have what? An utterly meaningless, useless “degree”?  In what? “Economics”? Don’t make me laugh. “Business administration”? Again, don’t make me laugh.  Or maybe “psychology”, “marketing” or “communications”.  Or “JOURNALISM!”  What a joke. Vanity of vanities….
    Be assured of my prayers-

Starting Monday Off Right: Overshadowing Shoulders Edition

Our Father, Who art in heaven, hallowed be Thy Name. Thy kingdom come. Thy will be done, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil.  Amen.

PATER NOSTER, qui es in caelis, sanctificetur nomen tuum. Adveniat regnum tuum. Fiat voluntas tua, sicut in caelo et in terra. Panem nostrum quotidianum da nobis hodie, et dimitte nobis debita nostra sicut et nos dimittimus debitoribus nostris. Et ne nos inducas in tentationem, sed libera nos a malo. Amen.

Overshadowing Shoulders

Overshadowing Shoulders

Today is the First Sunday of Lent, and the following verse from Psalm 90 appears three separate times; first in the Tract, then as the Offertory verse, and finally as the Communion verse.

“The Lord will overshadow thee with His shoulders, and under His wings thou shalt trust: His truth shall compass thee with a shield.”  Psalm 90: 4-5

Read the medical description of death by crucifixion below, and then ponder the words, “The Lord will overshadow thee with His shoulders.”

[This is a paraphrase of a summary of an ARSH 1965 article on crucifixion by Dr. C. Truman Davis entitled, “The Anatomical And Physiological Details Of Death By Crucifixion”, originally published in Arizona Medicine.  Since it is widely reproduced on the internet, I have taken the liberty of cleaning up a few things, and correcting scripture citations.  Additions of my prose are in red brackets.]

Crucifixion is the most painful death ever invented by man and is where we get our term “excruciating.”  It was reserved primarily for the most vicious of male criminals.  Our Lord refused the anesthetic wine which was offered to Him by the Roman soldiers in keeping with His promise recorded in Matthew 26: 29, “And I say to you, I will not drink from henceforth of this fruit of the vine, until that day when I shall drink it with you new in the kingdom of My Father.”  Our Lord was stripped naked [This is very important. The depictions of Our Lord with His loincloth intact on the Cross are for the sake of modesty, particularly for women and children.  He was naked.  The humiliation of being hung naked with no way of covering one’s self was in integral part of the humiliation of crucifixion.  Our Blessed Lord spared Himself nothing – the agony of His Passion was maximal.] and His clothing divided by the Roman guards. This was in fulfillment of Psalm 21:19, “They parted My garments amongst them; and upon My vesture they cast lots.”  The Crucifixion of Jesus guaranteed a horrific, slow, painful death.

Having been nailed the Cross, Our Lord now had an impossible anatomical position to maintain.  Jesus’ knees were flexed at about 45 degrees, and He was forced to bear His weight with the muscles of His thigh, which is not an anatomical position which is possible to maintain for more than a few minutes without severe cramp in the muscles of the thigh and calf.  Our Lord’s weight was borne on His feet, with nails driven through them.  As the strength of the muscles of Our Blessed Lord’s lower limbs tired, the weight of His body had to be transferred to His wrists, His arms, and His shoulders.  Within a few minutes of being placed on the Cross, Our Lord’s shoulders were dislocated.  Minutes later His elbows and wrists became dislocated.  The result of these upper limb dislocations was that His arms were 9 inches longer than normal, as clearly shown on the Shroud of Turin.  In addition, prophecy was thus fulfilled in Psalm 21:15, “I am poured out like water; and all my bones are scattered.”

After Our Lord’s wrists, elbows, and shoulders were dislocated, the weight of His body on his upper limbs caused traction forces on the Pectoralis Major muscles of His chest wall.  These traction forces caused His rib cage to be pulled upwards and outwards, in a most unnatural state. His chest wall was permanently in a position of maximal respiratory inspiration. In order to exhale, Jesus had to push down on the nails in His feet to raise His body, and allow His rib cage to move downwards and inwards to expire air from His lungs.  His lungs were in a resting position of constant maximum inspiration. Crucifixion is a medical catastrophe.  The problem was that Our Blessed Lord could not easily push down on the nails in His feet because the muscles of His legs, bent at 45 degrees, were extremely fatigued, in severe cramp, and in an anatomically compromised position.

Despite what is shown in all Hollywood movies about the Crucifixion, the victim was extremely active.  A crucified victim was physiologically forced to move up and down the cross, a distance of about 12 inches, in order to breathe.  The process of respiration caused excruciating pain, mixed with the absolute terror of asphyxiation.  As the six hours of the Crucifixion wore on, Our Lord was less and less able to bear His weight on His legs, as His thigh and calf muscles became increasingly exhausted. [And bear in mind that He had already been scourged until most of His skin was gone, was thus in deep shock, and was then made to march approximately two kilometers while carrying His own Cross.  While fully human, Our Lord’s strength during His Passion was unfathomable.]  

There was increasing dislocation of His wrists, elbows and shoulders, and further elevation of His chest wall, making His breathing more and more difficult.  Within minutes of crucifixion Our Lord became severely dyspnoeic (short of breath).  His movements up and down the Cross to breathe caused excruciating pain in His wrists, His feet, and His dislocated elbows and shoulders.  The movements became less frequent as Our Blessed Lord became increasingly exhausted, but the terror of imminent death by asphyxiation forced Him to continue in His efforts to breathe [because His suffering had to be maximal – He had to give us absolutely all of His love].

Our Sweet Lord’s lower limb muscles developed excruciating cramping from the effort of pushing down on His legs, to raise His body, so that He could exhale, in their anatomically compromised position.  The pain from His two shattered median nerves in His wrists exploded with every movement.  Our Lord was covered in His Precious Blood and sweat.  The blood was a result of the Scourging that nearly killed Him, and the sweat as a result of His violent efforts to expire air from His lungs.

Throughout all this He was completely naked, and the leaders of the Jews, the Romans, the crowds, and the bad thief crucified beside Him were jeering, swearing and laughing at Him.  In addition, Our Lord’s own Blessed Mother was watching this, united to His suffering.

Physiologically, Our Lord’s body was undergoing a series of catastrophic and terminal events.  Because Jesus could not maintain adequate ventilation of His lungs, He was now in a state of hypoventilation (inadequate ventilation).  His blood oxygen level began to fall, and He developed Hypoxia (low blood oxygen).  In addition, because of His restricted respiratory movements, His blood carbon dioxide (CO2) level began to rise, a condition known as Hypercapnia.  This rising CO2 level stimulated His heart to beat faster in order to increase the delivery of oxygen, and the removal of CO2.  The Respiratory Center in Our Lord’s brain sent urgent messages to his lungs to breathe faster, and Our Lord began to pant.  Jesus’ physiological reflexes demanded that He take deeper breaths, and He involuntarily moved up and down the Cross much faster, despite the excruciating pain.

The agonizing movements spontaneously started several times a minute, to the delight of the crowd who jeered Him, the Roman soldiers, and the Sanhedrin.  However, due to the nailing of Our Precious Lord to the Cross and His increasing exhaustion, He was unable to provide more oxygen to His oxygen-starved body.  The twin forces of Hypoxia (too little oxygen) and Hypercapnia (too much CO2) caused His heart to beat faster and faster, and Our Lord developed Tachycardia.  His Sacred Heart beat faster and faster, and His pulse rate was probably about 220 beats/ minute, the maximum normally sustainable.  Jesus had drunk nothing for 15 hours, since 6 pm the previous evening.

Our Lord had endured a scourging which nearly killed Him.  He was bleeding from all over His body following the Scourging, the crown of thorns, the nails in His wrists and feet, and the lacerations following His beatings and falls.  Jesus was already extremely dehydrated, and His blood pressure fell alarmingly.  His blood pressure was probably about 80/50.  He was in First Degree Shock, with Hypovolaemia (low blood volume), Tachycardia (excessively fast Heart Rate), Tachypnoea (excessively fast Respiratory Rate), and Hyperhidrosis (excessive sweating).  Sometime after noon Our Lord’s Sacred Heart probably began to physically fail.  Jesus’ lungs probably began to fill up with Pulmonary Oedema.  This only served to exacerbate His breathing, which was already severely compromised.  Jesus was in Heart Failure and Respiratory Failure.  Jesus said, “I thirst” [partly] because His body was crying out for fluids [but also because He was thirsting for souls – both to love them and to be loved by them].  Our Lord was in desperate need of an intravenous infusion of blood and plasma.  He could not breathe properly and was slowly suffocating to death.  At this stage Our Lord probably developed a Haemopericardium: plasma and blood gathered in the space around His Sacred Heart, called the Pericardium.  This fluid around His Sacred Heart caused Cardiac Tamponade (fluid around His Sacred Heart, which prevented it from beating properly).  Because of the increasing physiological demands on Jesus’ Sacred Heart, and the advanced state of Haemopericardium, He may have eventually sustained Cardiac Rupture. His Sacred Heart may have literally burst [before being pierced by the lance of Longinus]. Heart failure was probably the [ultimate physical] cause of His death, [while our sins are the true cause of His suffering and death].

When the Romans wanted to expedite death they would simply break the legs of the victim, causing the victim to suffocate in a matter of minutes. This was called Crucifragrum.  At three o’clock in the afternoon Our Lord said, “It is consummated.”  At that moment, He gave up His Spirit, and He died.  When the soldiers came to Our Lord to break His legs, He was already dead. Not a bone of His Body was broken, in fulfillment of the prophecy in Exodus 12: 46.  Our Precious Lord thus died on the Cross after six hours of the most excruciating and terrifying torture ever invented, after enduring torture in the twelve hours prior to His crucifixion which, by itself, would have been sufficient to kill any other man.

Personal Update and Negative Interest Rates: Highway to a Cashless, Statist Hell

  1.  This past weekend was Phase 2 of the three phase Faggotopolis Evacuation Protocol.  I cannot emphasize strongly enough the palpable fog of satanic doom that is descending upon Babel.  I can’t imagine it will be much longer until we see actual sacking of cities.  They are just a hair’s breadth away from it in Europe.

2.  The rural mountain abode is coming along, and I am happy that it is “off grid” with regards to heat.  I am using wood as my primary heat source, and I have a large petroleum tank that was, unfortunately, essentially empty when I took possession.  Even with petroleum prices deflating (or being suppressed by the Central Banks manipulating the cyber futures markets…), filling a tank is not cheap.  But man, it sure is comforting to ponder a tank of sweet, sweet petroleum in one’s back yard.

3.  Obviously, I am no longer doing janitorial work.  I’m thinking of perhaps doing some private tutoring, which would be fun and contributive.  And obviously, there is MUCH to be written.  Many folks send me emails recommending and even excoriating me for not publishing a book or books.  Well, that’s great, except you all do realize that if I did that, the FEDS would immediately attach and garnish all revenues to me, right?  I’d never see a penny.  See, when you declare a tax strike, you’re not just speaking idle words.  It is manly business. In the former U.S., to declare a tax strike is essentially to disqualify oneself from any sort of conventional labor, service or commodity compensation.  All I can do is “under the table” labor or service.  And, for now, beg with the button at the top-right.  I must say that has been very pleasant to work with and I would recommend it to anyone, especially someone looking for a PayPal alternative.

4.  And, as always, THANK YOU to all of my benefactors and supporters.  Remember, EVERY TUESDAY at 0830 Eastern Time the Holy Sacrifice is offered specifically for my Benefactors – so set a cell phone alarm or some such! Be assured of my prayers not only at the Holy Sacrifice of the Mass and the Rosary, but now also as I join the Church in the Divine Office, which I have begun to pray in earnest (although not the entire thing yet – just Lauds, Vespers and Compline to start).  And yes, of course the pre-asteroid Liturgy of the Hours, certainly NOT the Novus Ordo “Liturgy of the Seconds”.  As if you needed to ask.  🙂

5.  Ted Cruz’s wife is a Goldman Sachs executive.  Just thought I’d remind y’all of that.

6.  Trump had Hillary Clinton and Chelsea sit in the front row, in the place where the groom’s parents would be seated (Trump’s parents were both deceased at the time) at his “wedding” to his “third wife”, Melania.  Just sayin’.

7.  Maybe we should just revisit the Barnhardt Axiom and cut to the chase:

The culture has degraded such that seeking and/or holding office, especially national-level office, is, in and of itself, proof that a given person is psychologically and morally unfit to hold public office.

8.  Hey!  Remember when I told y’all that interest rates would go negative as the economy descended into this unprecedented implosion in the big Economics Video from ARSH 2012?

Well, the Federal Reserve is now telling banks to prepare and run “stress tests” assuming negative interest rates – which means it is coming, almost certainly this year.  The scenario the Fed is telling the Banksters to model is “three-month bill rates entering negative territory in the second quarter of 2016, and then falling to negative 0.5 percent and holding there through the first quarter of 2019.”

If you don’t have your head around the categorical insanity of having your ruling diabolical narcissist oligarch psychopaths tell you that money has not only zero time value, but LESS THAN ZERO time value, here is my comprehensive explanation, titled

“Negative Nominal Interest Rates: Highway to a Cashless, Statist Hell”.  Read up, Buttercup.

Gregory, Michigan - A road sign points towards the small town of Hell, Michigan.

(Originally penned and posted in June ARSH 2014)

I warned about this in part two of my 2.5 hour Economics Video Presentation back in November of ARSH 2012, and, sure enough, it has now happened.  Because, as I have been saying all along, for anyone who knows ANYTHING about ANYTHING having to do with economics, finance and/or banking, and who does not have their brain bucket completely and firmly inserted up their rectal vault, it is obvious what is happening and how the chain of events will unfold.  If a mouthy broad with a mere bachelor’s degree in animal husbandry from a land-grant university can see this stuff coming years in advance, what excuse do your so-called leaders and media “experts” have?   Oh, yeah.  I forgot.  They’re all either teetering on the precipice of mental retardation, or are black-hearted diabolical narcissist psychopath whores.  Or, as with Nancy Pelosi and countless others, both.

Mario Draghi, chief psychopath of the European Central Bank went full-stupid on June 5th, ARSH 2014 and announced mandated NEGATIVE INTEREST RATES on the excess reserves of European banks held and the European Central Bank  (which is the equivalent of the Federal Reserve Bank in the U.S.).  What does this mean?  It means that when a European commercial bank deposits excess cash reserves with the ECB, the commercial bank must PAY the ECB to store that money.  The commercial bank does not earn any interest income on that money, it in fact has a percentage of its deposit CONFISCATED from its account every month by the ECB.

The publicly stated rationale behind this negative interest rate paradigm is “stimulus”.  If the banks have to pay to store cash, they will instead lend their excess cash out to customers rather than have a percentage  confiscated every month.  This is utter bee-ess on multiple levels.  These top-tier central bankers know that negative interest rates have NOTHING to do with stimulus, and will, in fact, lead to exactly the opposite.  In fact, they know that the inevitable outcome of negative interest rates is the complete nationalization of the banking sector and total governmental control of all capital flows – which means today a CASHLESS ECONOMY.  Yup.  If you’re interested, I’ll walk you through the chain of events and differentiate between the propaganda that will be used to justify this evil and the reality of how the world actually works.

Banks today are sitting on huge cash reserves because the economy sucks and banks have rightly discerned that lending money into a sucky economy is NOT IN THEIR BEST INTERESTS.  If the economy sucks, then lending money to Joe Schmoe to start a business is likely going to end up in default.  So, if YOU were a bank and your choice was between losing one percent by depositing money at the Central Bank at negative interest, or losing FIFTEEN percent on your loan portfolio because the economy sucks and a high percentage of your borrowers would default on their loans, which would you do?  Well, duh.  You would opt for the SMALLER loss of ONLY one percent, and you would continue to hold cash reserves and be VERY stingy with your loan portfolio.

Okay.  That’s easy to understand, right?  Well, the propaganda coming from the Banksters and willingly regurgitated by the useful idiot (Beta Narcissist) class is that negative interest rates will absolutely, positively result in increased lending by banks and thus “economic stimulus”.  And bear in mind, they have been bleating EXACTLY the same line of crap in regards to “quantitative easing”.  They have been saying for YEARS that all of the money printing done by the Federal Reserve and European Central Bank would provide “stimulus” in the form of increased lending.  And, as we all know, that didn’t happen.  All that has happened is that the Banksters have taken the “new money” printed by the Central Banks and pumped it into the stock and derivatives markets, thus blowing a massive, unprecedented bubble.  But Joe Schmoe still can’t get a loan to open a business.  The evil, malignant Banksters KNOW that the whole stimulus meme is a lie.  The useful idiots (Beta Narcissists and Effeminates) are so indescribably stupid that they can’t comprehend simple logical progressions even when they have a current experiential dataset right in front of their faces that clearly demonstrates the fallacy: not only does QE and other forms of synthetic “liquidity boosting”NOT stimulate the economy, it actually depresses it even more.

So now banks will be even more incentivized to offload cash by plowing it into relatively “safe” paper that has a higher interest yield than the negative rate at the Central Bank.  What does this imply?  Increased demand for Sovereign debt (bonds issued by nations), and derivatives on Sovereign debt.  Now here is where it gets positively sick.  Very soon, banks will be able to borrow money from the “discount window” at the Central Bank at either zero, or at a NEGATIVE rate.  Think about that.  The Central Bank, because the interest rate is negative, actually pays banks to borrow money from them.  And this utter PERVERSITY is the root of the whole satanic mess.  The first mover in all of this is the evil, perverse Central Bank.  The Central Banks are completely content to pay banks to borrow money – a perversity – because the Central Bank doesn’t give a shit.  It can just “PRINT” as much money as it “needs”.  And, as we have discussed at length, the “printing” of money, money being a proxy for the human capacity to labor and create through time, is simply the leveraging of HUMAN LIFE, specifically at this late hour not just the life of every man, woman and child alive today OUTSIDE the oligarch class, but now generations upon generations of human beings who DO NOT YET EXIST, and are thus utterly powerless to object or mount a counter-revolt.

Okay, so now Bank A goes to the discount window and borrows “new money” from the Central Bank at NEGATIVE one percent, which means the loans generates a yield TO THE BORROWER.  Then, Bank A turns around and plows that money, which is already generating a yield in and of itself, into French Sovereign bonds that yield 1.5%.  Bank A does this because it is certain that France will never be allowed to default – the Central Bank will just keep printing money and printing money to keep France (or any other country) from defaulting on its debt.  So, What is the total yield to Bank A?  The one percent yield on the money borrowed at negative interest from the Central Bank, PLUS the 1.5% yield on the French bonds = +2.5%.  Do you see why this dynamic INCREASES DEAMND for sovereign debt?  It incentivizes governments not to PAY DOWN their debt, but to in fact EXPAND their balance sheets by going deeper into debt.  And because the demand for sovereign debt is increased because there is more money chasing after it, the interest rates are driven DOWN (a lower interest rate is the same thing as higher price on bonds), and thus the politicians tell the people that not only is more government debt good, it is extremely good because “the interest rate is so low”.  And the glassy-eyed sheeple nod passively and return to their tee-vee shows.  Because actually learning and thinking about something that affects everyone on the planet directly is HAAAAAARD.

This will also increase demand for derivatives on sovereign debt (i.e. repurchase agreements and credit default swaps), again, because the banks are quite confident that the Central Banks will never permit a sovereign default.  And who, pray tell, are the main counterparties on almost all sovereign debt derivatives?   J.P. Morgan, Goldman Sachs (Ted Cruz’s wife is a GS executive – just sayin’) and Deutschebank.  Uh-huh.  And where do ALL of the people come from who populate the Central Banks, both in the U.S. and in Europe?  J.P. Morgan, Goldman Sachs (Ted Cruz’s wife is a GS executive who formerly was a member of the Council on Foreign Relations – just sayin’) and Deutschebank. Uh-huh.

Kids, this isn’t terribly complicated.  Really.

Now, to YOU, the people who PAY FOR ALL OF THIS.

Negative interest rates will be a cost to YOU in two ways.  First, the obvious: you will have a confiscatory tax levied on your bank deposits every month – that’s what a negative interest rate is, sweetie.  It is a TAX on the PEOPLE, NOT the banks, because the banks will pass through to the customers the cost for the bank to store reserves at the Central Banks PLUS a margin.  Next, in an economy that is perceived to be relatively stronger or safer (of which the former United States is still at the top of the list because of its size, both economically and militarily) capital will flow IN to that economy, thus causing ASSET BUBBLES and CONSUMER PRICE INFLATION.  Been to the grocery store lately?  Looked into buying any farm ground lately?  Uh-huh.  So when consumer prices inflate, what do banks do to interest rates in order to cover the resulting increased risk in lending to consumers who now are having a much more difficult time making ends meet?  Yep.  They RAISE interest rates to borrowers.  And so therefore a negative interest rate at the Central Bank not only does not stimulate the economy, it increases the contraction and deepens the depression (because let’s face it, if your economy is at the point that the Central Bank is going NEGATIVE on interest rates, honey, yo’ ass is already in a DEPRESSION, not a recession).

Now to the big ugly.  Since the Central Bank is, despite any and all lying propaganda to the contrary, a government entity backed fully by the government and thus ultimately backed by the people, and since the Sovereign bond market is also a pure function of the government and thus ultimately backed by the people, when banks receive payment on both their capital borrowed from the Central Bank at negative interest AND receive a positive interest yield on their government bond holdings, that means that THE PEOPLE are PAYING THE BANKS… ON BOTH SIDES.

This is a backdoor way of confiscating collateral from the people and using it to RECAPITALIZE THE BANKS.  And also pay the bankster oligarchs’ eight and nine-figure salaries and compensation packages, which, let’s be honest, is their top priority.  

So now you may be thinking that this will cause a feedback loop to occur and rates will continue to be driven more and more negative.  Yes.  Absolutely.  Because the Central Bank will have to keep adjusting its rate down to stay “more negative” than the Sovereign bond and other money markets.

What happens when customer deposit rates go sufficiently negative so as to compel normal people to withdraw their cash from the banks and hold it in cash?  The answer is, the oligarchs will enact government policies outlawing the use of cash.  Think I’m crazy?  Have you tried paying your car insurance bill with cash lately?  Cash.  As in hundred dollar bills.  How about your phone or utility bill?  Guess what.  You can’t.

One of the big reasons why I had to move into the “Van Down by the River” was because I simply COULD NOT FUNCTION using cash.  When I was foreclosed upon because I could not provide the bank with a tax return (because I have declared a tax strike), I began investigating possible rental scenarios in preparing to move.  Kids, you CANNOT rent an apartment “above the table”, pay the utilities on said apartment, insure a vehicle and scores of other necessary expenses in the former U.S. using cash today.  Between IRS liens and mortgage foreclosures, my credit score is destroyed, which also disqualifies above-board rental.  If you think that cash controls and the move to outlaw the use of cash is crazytalk, just stop and think about all of the myriad ways that IT IS ALREADY IMPOSSIBLE to pay with cash.  We’re already 75% of the way there.

So, there would be increased economic depression causing new lending to crater and thus squeezing commercial banks’ margins and causing them to demand a way to dump ALL consumer debt, including business loans, car loans and credit cards, off on the government in the form of guarantees (this is precisely what already happened in the real estate market with almost all mortgages being bundled and dumped onto Fannie and Freddie).  Couple this with the confiscatory tax on deposits AND the paying of banks to borrow from the discount window by the government (aka the people) in order to recapitalize the banks, and what you have is nothing less than the COMPLETE NATIONALIZATION OF THE BANKING SECTOR.  This will inevitably require the outlawing of sovereign currency (cash), which will inevitably lead to the REJECTION of the sovereign currency, and the emergence of a “black” alternative.  We are talking, ladies and gentlemen, about nothing less that the final, complete destruction of the economy, which will inevitably lead to the total collapse of the extant government and what scattered vestiges remain of the Rule of Law.

This, and nothing less than this, has been, is, and will continue to be the explicit goal of the oligarchy that has already overthrown the former United States.  This is part and parcel of the Cloward Piven Strategy.  And it is all happening RIGHT NOW, and given the ignorance and cowardice of the broad populace will not be stopped excluding supernatural intervention, of which we are utterly undeserving.  Get ready, and don’t you dare say you weren’t warned.  And please, spare me any droolingly stupid emails telling me how lending money at interest is evil.  A positive interest rate is ESSENTIAL.  What is immoral, and what actually constitutes the lion’s share of USURY, is UNSECURED lending with no collateral against it.  Well, actually there IS collateral against an unsecured loan:  the future LIFE and productive capacity of the borrower.  THAT is usury.  All Central Bank money printing is therefore USURIOUS because, as we discussed above, it is simply the leveraging of the lives of the people, both present AND future, who comprise the sovereign entity that backs the money of said nationstate.  In other words:  YOU and your descendants for multiple generations hence.

I hope this helps you understand the utterly critical and thoroughly evil concept of negative interest rates.


Starting Tuesday Off Right: Pharisaical Lovers of the Law Candlemas Edition

Our Father, Who art in heaven, hallowed be Thy Name. Thy kingdom come. Thy will be done, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen.

PATER NOSTER, qui es in caelis, sanctificetur nomen tuum. Adveniat regnum tuum. Fiat voluntas tua, sicut in caelo et in terra. Panem nostrum quotidianum da nobis hodie, et dimitte nobis debita nostra sicut et nos dimittimus debitoribus nostris. Et ne nos inducas in tentationem, sed libera nos a malo. Amen.

"Presentation of the Infant Jesus in the Temple", Giotto, ARSH 1320, Isabella Stewart Gardner Museum, Boston

“Presentation of the Infant Jesus in the Temple”, Giotto, ARSH 1320, Isabella Stewart Gardner Museum, Boston

Happy Feast of the Presentation, aka “Candlemas”! It is called “Candlemas” because of the words of Simeon (shown above holding the squirmy Baby Jesus Who, like any baby, has planted His little hand right on Simeon’s mouth.)  Simeon prophesied of Our Blessed Lord in Luke 2: 32 that He was, “A light to the revelation of the Gentiles, and the glory of thy people Israel.” Hence the great association with light and candles today. Also remember that the Presentation of Jesus at the Temple is the Fourth Joyful Mystery of the Rosary, the fruit of which is Obedience.

Touchingly, as I look at this masterpiece by Giotto, I think perhaps the Baby Jesus is shown reaching longingly towards His mother, who is likewise reaching to Him, with His hand on Simeon’s mouth because it was Simeon who prophesied that The Blessed Virgin would have her very soul pierced.  He knew what had to happen, and what had to happen to her.  Perhaps Giotto has depicted here Our Lord’s assurance to His mother of His consolation – that He would always proactively reach to her in love and help her through her sorrows and sufferings being prophesied to her in that moment  – as He does to all of us.

[UPDATE:  Maureen Mullarkey has a delightful survey of Presentation art up today at Rorate Caeli, and the squirmy, reluctant, “I WANT MAMMA!” Baby Jesus is a consistent feature.]

Shown on the far left is St. Joseph, holding the sacrifical dove – because the Holy Family was too poor to afford the normal lamb.  On the far right is the elderly prophetess Anna.

Then again, I’m sure Pope Francis would find this whole scene revolting as these pharisaical lovers of the law cling to antiquated forms and practices in a self-absorbed display of faux-piety, idolatry and divination.  Because remember, the only way to be truly pious is to be impious.  The only way to truly love the law is to disregard it.  The only genuine devotional practice is the opposition to tradition.

Let’s end with a quote about Candlemas from a devout Catholic, Jacobus de Voragine, from The Golden Legend, circa ARSH 1275.

…if we will appear in this feast tofore the face of God, pure and clean and acceptable, we ought to have in us three things which be signified by the candle burning: that is good deeds, true faith, with good works. And like as the candle without burning is dead, right so faith is dead without works as Saint James saith, for to believe in God without obeying his commandments profiteth nothing. And therefore saith Saint Gregory: The good work ought to show withoutforth that thy intention abide good withinforth the heart, without seeking within any vain glory to be allowed and praised. And by the fire is understood charity, of which God saith: I am come to put fire in the earth, and whom I will, I will burn.