The Corruption In The U.S. Has Reached Insane Levels











23 thoughts on “The Corruption In The U.S. Has Reached Insane Levels

    1. Why don’t you proofread it for me? Or better yet, why don’t you start a blog for which you write 1-2 articles a day and see how easy it is to get everything typo-free

  1. Only problem with silver and gold coins, the government will
    eliminate the one ounce coins. That will be done for reasons of
    national security. If you turn your one ounce coins in, you receive
    treasury bonds to go along with the bank stocks you are given in
    exchange for your fiat currency. Oh yea, if you do not turn in your
    one ounce coins when commanded to do so, you are now considered
    a terrorist or terror threat.

    1. Black markets Jim.
      Meth, heroin, cocaine, etc. The business is as big or bigger than it ever was. Did making those illegal stop them?

  2. I couldn’t agree more Dave. I moved out of my IRA, figuring that paying the tax now will be cheaper than letting the government tax it later and force my funds into government bonds. I moved cash from a big bank into a credit union. Keeping enough there to be able to write a check for 2015 taxes. Hopefully it is still there when I have to write the check.

    I’m acquiring gold, silver and BitCoin, and I keep some cash at home. How is that for a diversification strategy? And of course, I take advantage of your recommendations in the SS Journal.

    I also have some food, steel and lead handy. We collect rain water and have a swimming pool that keeps full with the rain here in Florida. And the garden is coming along nicely.

    I hope it is enough to weather the storm. My bigger hope is we never have to use it, but I’m a realist, not a dreamer.

    Love your column Dave.

  3. Great article! I just had a discussion about these issues with a good friend of mine this morning. We are both frustrated that our other friends and family members won’t listen, and in fact act as though you are crazy, when we tell them the banks own their deposits now, and by LAW. There will be a mess with derivatives contracts (again), the overnight lending system will freeze up (again), banks will declare a holiday for several business days (like Greece and Cypress…beta tests), and then people will panic.

    Then, under the Hegelian Dialectic, our leaders will respond with a confiscation of most people’s hard earned money, and right out of their friendly neighborhood banks. Food and other items we take for granted will be hard to find. Your 401K and pension funds will take a double whammy; first as the stock market goes down and down, and secondly when those assets are borrowed against by the Federal government. The bankers, those who actually caused the problem by their incredible corruption, greed and arrogance, will walk away scott free (again). Then we will truly have 99% poor, and the other one-percent very, very wealthy.

  4. The masses don’t care because when not working, most of their time is spent posting and gawking at inane stuff on their mobile phones. The lower the masses sink on the intellectual scale, the easier it is for the thieves in Wall St and Govt to steal more and more. Maniacal following of all kinds of professional sporting action all year long, living lives on social media, these are all programmed habits developed by the elite to keep the masses occupied with trivial stuff and not have any capacity left over to question any govt policy.

    1. Matt is so right on this. People have been “mind-numbed” to the point they don’t or can’t care about things they should be concerned about. As a chiropractor practicing for over 30 years, I can tell you fewer people care about their health compared to decades past. They care about pain or other disturbing symptoms, or dying. But when the symptoms [often the tip of the iceberg] go away or are sufficiently mashed by an ever-greater intake of prescription or OTC medications, it’s back to a life with little concern for the lifestyle that got them to a point of bad health.

      Comparisons can be made to the slowly-tightening totalitarian controls on their lives. These controls will morph into more draconian controls, and only when the pain and symptoms are disturbing enough will they have an interest. Like their health the problem[s] will be chronic and hard to change.

  5. The money market funds–I started thinking about the $2.7 Trillion in those–what happens when we do go to NIRP–money market funds as we know they are toast. they should be toast now given expense structures and what they can get in gross returns if they do not push the envelope.

    I’ll defend Dave on typos–if you are multi tasking with time constraints it happens easily. Not a substantive problem. I have a daughter, a lawyer who looks at what I write and is critical. My reply is its time sensitive info and its not a novel.

  6. Great article. I too KJH am preparing as you. I also live in Florida. I am concerned about the confiscation of one ounce coins/boullion Jim wrote about. Does everyone think that could happen? How are we to protect ourselves? If cash won’t be king, should I put all my money in 1 oz bars, 10 is bars?

  7. I wish I was younger, I would leave this country ASAP, but I’m tied to my Physicians :{

    Just found this interesting talk by Michael Riverio:

    (1) Speaking of U.S. corruption being off the scale, questions raised about Judge Scalia’s death. Heart attack victims don’t just lie there, they thrash around. He wasn’t found in a disheveled condition, just the opposite. Many normal protocols weren’t followed.

    (2) Mention that Bernie Sander’s win in New Hampshire will be stolen by Hillary, because of Super-delegates, designed to thwart populist candidates, be they right or left.

    (3) Talking about U.S. Bombing in Syria, not against ISIS but against Assad. And the back story about Oil Pipelines, that most of us already know about.

    Riverio’s a pretty interesting guy, used to work for NASA..

  8. It’s going to be very hard for ordinary people , we dealing with insane criminals.
    look what happened to BRICS , they all down by manipulators.
    What will happen to gold in case there is WORLD WAR , they will use ordinary people to fight for them again(for bankers). What happens to gold and people if the West win or if China and Rusia win. There are many outcomes , hard to predict and see the future. It’s going to be very tricky.

  9. Dave,
    This is all great but Bob Pissani told me it’s just the great ‘decoupling’ so it’s btfd time again 🙂 Did a central banker just check the seat of their pants? Dow 30k dudes lol

  10. So what are you guys going to do about it ?
    At least Dave is putting his heart into it and trying to do something about the endless corruption, I have to
    respect him for that.
    There are numerous websites and blogs in the States that have the best of intentions, but what has changed in the last 5 years ?
    You all need to apply the same intelligence level that made America great in the first place to remove these crooks from office, NOW, while you still can.
    You need to stop talking and start acting !
    United we stand, divided we fall.

  11. As always, great analysis, Dave.

    Thoughts on a gold/silver grab- A law passed is not a law obeyed. Someone once said “We have ten thousand laws on the books to basically enforce the Ten Commandments, and we do a lousy job at it.” Consider this, despite billions spent over decades, the US is losing the war on drugs, otherwise why would marijuana be legal in so many cities and states? As goes the war on drugs, so will go the war on cash and precious metals.

    Still worried about a confiscation? They go for bullion first and jewelry last, so taking up the art of jewelry making to turn bullion into bracelets (brass plated bracelets) is an idea to consider to soothe your nerves.

  12. Speaking of corruption, there is no doubt in my mind that at some point in the not too distant future these sociopaths will eliminated cash and confiscate gold, as a precursor to a reset of the system.

    So Dave, what will happen to investors like you and me who had the foresight to see this train-wreck coming, and moved into cash and gold?

    1). If cash is banned, will my cash have value and will I be able to spend it in this post-Constitutional America?
    2). If holding gold is made illegal, assuming you refuse to turn over your personal property to the state, how will you be able to sell or liquidate an asset that is illegal?


    1. I don’t foresee them making gold illegal. Gold has been used as money for over 5,000 years. The U.S. has been around for less than 240 years and probably won’t be around long enough to see 300. Any way you look at it, you are going to be better off holding gold than fiat currencies.

      1. I think we will have to differ on that score.

        Gold was money for 4013 years prior to 1933 and that didn’t seem to stop Executive Order 6102 from being signed into law.

        If confiscation could happen then when gold was coveted by the masses it sure the hell could happen now when the masses consider it nothing more than a pet rock. Who would bother putting up a fuss over some barbarous relic?

        If they are willing to go to all the trouble of overtly manipulating the gold market to support the fiat dollar, it isn’t much of a leap to go one small step further and simply criminalize the ownership of it.

        I share your view that we are all better off holding ounces vs. paper, but I’m also of the opinion that the state will make it very difficult for anyone to profit on the collapse of their beloved fractional reserve fiat system.

      2. Rickards speculates that after a dollar devaluation and establishment of a new gold standard, the govt might impose a 90% “windfall profits” tax on any gold held by private citizens, in the interest of “fairness.”

        It’s easy to imagine that proposal getting lots of popular schadenfreude support from all the lemmings who didn’t have the foresight to convert some of their cash into gold.

        1. Heh. Rickards is a charlatan. But good luck taxing my gold. It’s very easy to transact with gold and silver eagles in the private market. Anyone who pays taxes on their precious metals is an idiot.

    2. Again, black markets arise when people want to obtain, sell, or transact what government has made illegal, be that harmful drugs or harmless possessions.

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