St. Bernard of Clairvaux said:
Humility in furs…
…is better than pride in tunics.
St. Bernard of Clairvaux said:
Humility in furs…
…is better than pride in tunics.
PedoMiter lives, folks.
Across the transom from a Polish reader:
Apparently these child sex people are some of the most dangerous people in the world. It stands to reason. Anyone evil enough to be sexually aroused by children would find murder to be absolutely nothing.
Epstein’s world seemed to revolve around females.
What Natacha Jaitt was trying to blow the whistle on was largely the trafficking of boys for sex, most especially by Antipope Bergoglio’s very, very, very, very close “friend” Gustavo Vera.
I have a very, very hard time taking seriously the economic pontifications of people who have only ever CASHED payroll checks, and have never MET a payroll.
That is all.
As a result of reading your piece wherein you recommend adoring Our Lord to console Him regarding His sorrow at the state of His Church, and quote from “The Little Prince”, I have begun spending an hour daily (3-4pm) in a local Novus Ordo parish chapel. Thank you, sister in Christ! (I believe that it is actually I that need the ‘taming’, as described in the quote).
Also, with regards to your piece June 13, ARSH 2018 regarding the eucharistic fast, I have lengthened the time of my pre-Mass fast (now 3 hours for liquids and 7 hours for solids). So, again, thank you!
I was meditating on the Gospel of St. Matthew 27:34, where we read “And they gave Him wine to drink mixed with gall; but when He had tasted it, He would not drink.” Gall is actually bile, a digestive enzyme that is secreted into the digestive tract when we eat. When we have food in our stomachs and receive Our Lord in the Holy Eucharist, we, too, are offering Him bile to drink…
God bless you, dear Ann!!
This is an interesting point. Technically, bile empties into the duodenum, which is the valve between the stomach and the small intestine. Certainly people have bile reflux into the stomach, but this is not normal. The Church estimates that the Real Presence persists in our bodies for approximately fifteen minutes, which should normally preclude Our Lord from coming into contact with bile even when the stomach is not empty.
But, as we all know, the stomach absolutely does secrete acid – hydrochloric acid, potassium chloride and sodium chloride in fact – and if you have food in your stomach, then yes, when you receive Our Eucharistic Lord into your body, He is “drinking” your “bile”, if we use the word “bile” as a very general term for all acidic gastric juices. And as we all know from experiences of food poisoning, there is nothing much worse than the contents of the human stomach after a couple of hours of breakdown, after which the stomach contents become an extremely acidic slurry of proto-sewage. I would urge one and all to think long and hard about the charity of essentially throwing Our Lord into your internal acid sewage tank. Seriously. If that makes me “scrupulous”, then I’ll own that happily. Put it on my tombstone.
So, yes, I’ll not be receiving Our Lord unless my stomach is empty. I believe in the Real Presence, and EVERYTHING that goes along with that, including the realities of gastrointestinal physiology.
Remember folks, the Eucharistic fast was FROM MIDNIGHT under pain of MORTAL SIN until ARSH 1957, when Pope Pius XII was ill and nearing death. Look at the timing, look at the broad historical context, look at common sense about how our bodies work, look at how any belief in the Real Presence and Eucharistic piety has been under completely unrelenting attack, and just factor that into your calculus on the question.
I sure hope this helps. Happy Feast of St. Rock!
Long story short, Joachim and Anne were childless, and thought that this was a sign of God’s displeasure. St. Joachim went off and did penance, and God, His ways being unsearchable and perfect, told St. Joachim to go home to St. Anne, and they would conceive a child. At the same time St. Anne was told in a locution to go meet her husband at the Golden Gate, and that they would conceive.
This image is by Giotto in the Scrovegni Chapel, and is stunning in its bold depiction of marital love. Especially for ARSH 1305.
The Blessed Virgin Mary was conceived naturally in the marital embrace, albeit without the stain of Original Sin. But she was conceived naturally by her elderly, up to then barren parents. The Embrace at the Golden Gate communicates with subtle yet unmistakable clarity the marital love and even “romance” between these Saints, and their kiss is symbolic of the subsequent conjugal act that resulted in the Immaculate Conception. It is especially edifying to see this in these dark days wherein anything to do with the marital embrace is being warped, twisted and perverted, and we’re all at risk of becoming totally cynical, or already are, with regards to marriage and its fruits.
Romeo and Juliet? Phuff. For REAL romance, it’s Joachim and Anne.
Let her speak to you through this painting, as she has with so many of us.
She LITERALLY is the New Tabernacle.
Negative Nominal Interest Rates: Highway to a Cashless, Statist Hell”. Read up, Buttercup.
(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’ a$$ 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 90% 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.
Quite to my surprise, the administrator of an online community that has built up -completely unbeknownst to me- upon the foundation of my Diabolical Narcissism Video, reached out and asked if I would do an interview. I did it last week, and what we recorded was nearly three hours of conversation, which will be released in short topical vignettes by Kim Wilson, the group administrator.
I’m especially grateful to Kim for alerting me and everyone else to the fact that “New Age” occultist con artists have just recently latched onto the Diabolical Narcissism recovery community and are trying to sell them on their New Age Oprah Occult garbage as a “path to healing” from Diabolical Narcissist trauma and/or abuse.
I know A Certain Fellow who said, “Ego sum via, et veritas, et vita. Nemo venit ad Patrem, nisi per me.”
You can only get your head around Diabolical Narcissism when it is studied and processed through the wounds of Our Crucified Lord.
Here are the first three vignettes in the series. As always, I hope this helps.