Friday, January 17, 2025

The Truth About America’s Crumbling Infrastructure

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by Michael Snyder, The Economic Collapse Blog:

Signs that we were once a truly great nation are all around us.  Previous generations of Americans handed us the keys to the most magnificent domestic infrastructure that the world had ever seen, but now it is literally falling apart all around us.  Thousands of bridges are structurally deficient and there have already been some very high profile collapses.  Hundreds of thousands of miles of highways and roads in the United States are in very poor shape.  Aging sewer systems are leaking raw sewage all over the place, and children are being slowly poisoned by lead pipes that desperately need to be replaced.  The power grid is hopelessly overloaded and is extremely vulnerable.  Meanwhile, our ports, our dams, our subway systems, our bus terminals and our airports are crumbling right in front of our eyes.  The truth is that our nation’s infrastructure says a lot about who we are.  So what does America’s crumbling infrastructure say about us?  Sadly, it says that we are a rusting, crumbling, decaying leftover from a better, more prosperous time.

How Has Russia Used Gold to Support Its Wartime Economy?

by Mike Maharrey, Gold Seek:

Russia’s use of gold during its war with Ukraine reveals one of the reasons why so many countries are stockpiling the yellow metal.

Central banks around the world have bought thousands of tons of gold over the last several years. The pace of buying picked up after the U.S. and its allies froze Russian dollar assets and locked the country out of the SWIFT payment system.

This weaponization of the dollar was a wake-up call for many countries, especially those with strained relations with the U.S. and the West. Worried that the United States and its allies could use the dollar against them, many countries have attempted to diversify their reserves to minimize that possibility. An Indian economist summed up the thinking of many, telling the Times of Indithat the “reliability” of the U.S. dollar has “diminished” and noting the “noticeable decline” in confidence in U.S. dollar assets.

Thanks To Years Of Inflation, The Price Of Breakfast In America Is Now Obscene

by Michael Snyder, The Economic Collapse Blog:

They have officially ruined breakfast.  Once upon a time, breakfast was the least expensive meal of the day, but now everything has changed.  Eggs, butter and coffee have all become extremely expensive, and there is no relief in sight in 2025.  When I went to the grocery store on Friday, I spent about 45 dollars for just nine tubs of butter.  I could hardly believe my eyes, but after doing some digging I discovered that five dollars for a pound of butter is very close to the national average at this stage.

CAUTION: BANK BAILOUTS ARE EVERYWHERE! – The Agenda To Steal ALL Of Your Money As Banks Collapse

from World Alternative Media:

TRUTH LIVES on at https://sgtreport.tv/

First Bond Auction Of 2025 Tails As Foreign Buyers Slide

from ZeroHedge:

The first bond auction of 2025 is in the books, and it was about as pretty as the selloff in bonds has been in recent weeks.

Moments ago the Treasury sold $58 billion in 3 year paper in a soggy auction which suggested that, today’s modest bounce notwithstanding, there is more pain in stock for the rates complex.

The auction priced at a high yield of 4.332%, tailing the When Issued 4.320% by 1.2bps. This was the fourth consecutive tail and the largest once since April.

Data Exposure at MyGiftCardSupply Highlights Risks of Digital ID Regulations

by Ken Macon, Reclaim The Net:

The incident exposes the growing vulnerabilities tied to digital ID systems and mandatory KYC data collection.

A US-based online gift card retailer has resolved a critical data exposure incident that left highly sensitive customer identity documents accessible on the internet, raising concerns about the growing risks posed by mandatory data collection under “know your customer” (KYC) and digital ID regulations.

SYNTHETIC FOG, DISEASE & BIRD FLU — Miletich | Spencer

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Trump’s Plan to End Currency War 3.0

by Jim Rickards, Daily Reckoning:

There has been a lot reported in recent days about the return of currency wars. With Trump 2.0 about to begin, let’s review his last term and what to expect in the second.

Trump badly bungled his transition after first being elected president in 2016. He was not ready with a long list of loyal appointees. Many of his senior appointments such as Rex Tillerson as Secretary of State, James Mattis as Secretary of Defense, and John Kelly as Chief of Staff secretly disliked Trump but accepted their roles as so-called “adult supervision” around the supposedly reckless Trump.

🚨 2025 WARNING: Disaster Expert Predicts ‘ABSOLUTE CHAOS’ for America

from Man in America:

TRUTH LIVES on at https://sgtreport.tv/

Five Absurd Examples Of Government Waste In 2024

by Matt Agorist, The Free Thought Project:

The government spends money on some of the craziest things.

(Foundation for Economic Education) Defenders of fiscal sanity have received quite a surprise with Trump’s new Department of Government Efficiency (DOGE). For the first time in what seems like forever, complaining about government waste has almost become…cool.

To all of the newcomers to this issue, we’d like to extend a warm welcome. Whether it was the DOGE hype or Milei’s chainsaw that brought you in—or, you know, a quick glance at the national debt—we’re glad you’re here.

The Stated Objective: Total Military Dominance of the Entire Planet. Full Spectrum Dominance

by Richard C. Cook, Global Research:

Before the US entered WWII, a series of studies by the Council on Foreign Relations, subsequently adopted by the Roosevelt administration, declared it to be the policy of the US government to attain total military dominance of the entire world.

In 1991, the Wolfowitz Doctrine introduced a new refinement—that the US would carry out preemptive war against any nation or combination of nations that conceivably could threaten that dominance.

In 2001, around the time of “9/11,” the US declared a further refinement: that of “Full Spectrum Dominance” to assure that no other nation or combination of nations could threaten US supremacy in any sphere of warfare: land, sea, air, space, or cyberspace.

Happy New Year: A Toast to 50 Years of Legalized Gold

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by Stuart Englert, Mises Institute:

Gold enthusiasts can celebrate a golden anniversary on New Year’s Eve and simultaneously mark a market manipulation milestone. Fifty years ago, President Gerald R. Ford legalized private gold ownership, allowing Americans once again to stack the regal metal as a wealth-preserving asset and safe haven against monetary inflation and dollar depreciation. Gold futures trading and market meddling also began in the United States a half-century ago.

On December 31, 1974, Ford issued an executive order revoking President Franklin D. Roosevelt’s 1933 decree that criminalized gold hoarding and prohibited American citizens from owning more than $100 worth (about 5 troy ounces at the time) of the demonetized metal. President Ford signed the order without celebratory remarks or public fanfare. He simply released an official statement citing the legal authority he had to take the action.

The ‘Dead Internet Theory’ No Longer A ‘Conspiracy’ At All – META, Instagram To Allow AI Generated ‘Users’ With Bios, Profile Pics, Sharing Content To Spread Propaganda

by Susan Duclos, All News Pipeline:

Before we begin with recent reports and quotes by a META employee about their plans, let’s explain what the “Dead Internet Theory” is, from a couple of sources, starting with the leftist website Wikipedia, who refers to it as a “conspiracy theory.”

The dead Internet theory is an online conspiracy theory that asserts, due to a coordinated and intentional effort, the Internet now consists mainly of bot activity and automatically generated content manipulated by algorithmic curation to control the population and minimize organic human activity…