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2024-12-02 22:14 by Karl Denninger
in Podcasts , 47 references
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Yep!

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2024-12-02 19:53 by Karl Denninger
in Podcasts , 40 references
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2024-12-02 07:00 by Karl Denninger
in Editorial , 352 references
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All of them.

Today, I signed a pardon for all the January 6th persons who entered the Capitol or who were charged in connection thereof.   From the day I took office, I said I would not interfere with the Justice Department’s decision-making, and I kept my word even as I have watched them being selectively, and unfairly, prosecuted. Without aggravating factors like an intent to actually overturn an election; said persons were demonstrating and in fact were egged on by both FBI agents and those in their employ, such persons are almost never brought to trial on felony charges solely for walking in a government building. It is clear that the January 6ers were treated differently when compared with myriad others who did identical things, including those who obstructed the confirmation hearings for Justice Kavanaugh and some went further than waving signs -- they presented knowingly-false testimony in an attempt to irrevocably corrupt his nomination process.
 
The charges in these cases came about only after several of my political opponents in Congress instigated two unlawful and unwarranted impeachments and used those lies to oppose my election, then planted agents in the crowd to deliberately incite a riot.  When that was unsuccessful they intentionally opened the doors from the inside -- doors that could not be forced from the outside without heavy machinery -- and waved the protestors in to manufacture the pretext for these alleged offenses.  Then, the January 6th committee deliberately and with malice aforethought withheld exculpatory evidence, hid the DOJs and FBIs involvement in inciting said events, failed to identify the person or persons in their employ who clearly opened the doors to the Capitol and invited members of the public inside – with a number of my political opponents in Congress taking credit for bringing political pressure on the process.  Had justice prevailed a misdemeanor trespassing charge might have been appropriate in some cases, but certainly not felony charges and convictions, never mind the attempted misapplication of Sarbanes-Oxley to this circumstance, a deliberate and outrageous act wildly outside the remit of the Statute and ultimately turned back by the courts.
 
No reasonable person who looks at the facts of the Jan 6th cases can reach any other conclusion than that these individuals were singled out only because they were supporters of my campaign, baited deliberately and then framed – and that is wrong.  These political, tin-pot dictatorial abuses of power have continued for four years and there’s no reason to believe it will stop here. Enough is enough.
 
For my entire career I have followed a simple principle: just tell the American people the truth. They’ll be fair-minded. Here’s the truth: I believe in the justice system, but as I have wrestled with this, I also believe raw politics has infected this process and it led to a miscarriage of justice – and once I made this decision this weekend, there was no sense in delaying it further. I hope Americans will understand why a President would come to this decision. 

Oh, one is not good for the other?

The Hell it isn't.

January 20th at 12:01 PM is when this hammer must come down.

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2024-12-01 07:00 by Karl Denninger
in Podcasts , 182 references
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Come and get it!  Recorded yesterday morning.

Well, the last part of this was rather interesting.  Note the cuts -- and the post-hoc adding in the last section of this interview, with no capacity to rebut.

But here's the problem: Bill is right that Congress has the control of the system.  However, it is Congress that has created the entire inflationary process, not the bankers.  Further, Bill is claiming that "money" is the same as credit and this is always and everywhere false.  You need look nowhere beyond my short segment on MMT back when Lauren Lyster was on RT with myself as a guest where I demonstrated the idiocy of the idea that you can simply print up all the money you want and its all good.  BULLSHIT!

Money is the economic surplus you have after you produce something and pay all of the expenses of its production, including your personal maintenance as an individual.  If you go to work for $20/hr, work 40 hours in a week ($800 gross) and between rent, food, the power, heat and water bills and taxes which fund things like the road you drive on to get to the work, all of which have to be paid for, you have $100 left that's your money.  If you spend another $500 on top of it that's credit.

Conflating the two is fraud and the idea that government can simply emit whatever it wants sounds good except for the fraud part.  The original Coinage Act in the United States, which mandated death by hanging for tampering with the money supply and thus conflating money and credit, came about for this exact reason.  It is all well and good to advocate for "the US Government simply issuing US notes" but only if the penalty for issuing more of them than is taxed first is the instant hanging of every single person so-involved because fraud is STILL a crime.

When you borrow there is a clear indication -- in the form of the debt instrument -- that you did so.  When a sovereign exercises its seigniorage privilege you might think that's superior to a "hidden" (not really) cabal of bankers but the last four years should have instantly disabused you of this, because in fact what Treasury did was issue unbacked credit and without an external pushback all you have left is a violent revolution to stop it as nobody, which you can see, hanged for doing it.

PS: Don't know why the video on your end was that horrible on the half coming to you, but it was. Bandwidth issues on your internet connection perhaps?  Don't know; Zoom is what it is, and both you and I were perfectly clear both video and audio during the hit itself on this end.

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2024-11-30 21:16 by Karl Denninger
in Podcasts , 54 references
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Livestream NOW, or watch the replay at your leisure......

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