| By Bill Bonner Friday, July 10, 2020 – Week 17 of the Quarantine SAN MARTIN, ARGENTINA – Our readers take sides. So does the nation. One side says President Donald Trump is a genius. The other says he is a moron. Our message today: It doesn’t matter; sometimes, even the village idiot speaks the truth. Unlike the mainstream press, we don’t rely on advertisers or the broad public for our daily bread. We’re too rich to need the money and too cranky and arthritic to bend to the latest fads. We can call ‘em as we see ‘em – sometimes right, sometimes wrong, and always in doubt. But the mainstream media is in a bind. It has to take sides. Viewers want their bugaboos treated seriously… their heroes glorified… and their enemies crucified. And editors and reporters, almost all liberal arts graduates, have their own devils and gods – global warming, diversity, stimulus spending, the failure of capitalism, and so forth. Preposterous Narrative But Donald Trump has delusions of his own. So, naturally, they find him boorish, dishonest, and stupid… and they do their best to prove it. That was the underlying motive of the RussiaGate story. If Russia had meddled in the 2016 U.S. presidential election, went the logic of it, then the voters were misled… Donald Trump is an illegitimate president… and Hillary should be president. "Tech Royalties" could be the answer to a fruitful retirement. The narrative was preposterous from the get-go. Hundreds of millions of dollars… and hundreds of millions of hours, too… were spent trying to push voters towards one clown or another. A little more from a wacky Russian oligarch wasn’t going to make much difference. When that charge fizzled, the mainstream press – Bloomberg, The Washington Post, The New York Times, and CNN – took up whatever story came along, almost always giving it a slant that made Trump look like a moron. Most recently, that story is the COVID-19 pandemic… about which, more below. | Recommended Link | | Apple pays $30 million per month for mysterious "6G" network? 5G has barely hit the market… And already there is something more powerful. A combination of technologies that takes regular 5G – and turbocharges it. In fact, the new technology is so superior to consumer 5G… Angel investor Jeff Brown believes we are looking at what he calls an "early version" of the 6G network… The next level up in speed, processing, and computing power. And right now, the biggest companies in America are paying a king's ransom to get access. Apple is paying $30 million every month to use this early 6G network. Facebook forks over $11 million per month for private access. And Netflix spent $19 million a month during the pandemic. The list of groups paying for 6G access doesn't stop in the corporate world. NASA, the U.S. Department of State, the USDA… The European Space Agency… Even the world-famous British Broadcasting Corporation (BBC)… All are currently using this explosive early 6G network. In total, as many as 100,000 of the world's most successful companies are paying a fortune to get early access to the next level of network speed: 6G One company runs this special 6G operation. In fact, Jeff believes this 6G pioneer is the most important tech company in the world. Some folks even think this company's owner could soon become the world's first trillionaire. In this video, Jeff is going to show you how to make a fortune because of 6G. | | | -- | First-Hand Opinion But there was never any need to paint Mr. Trump as a dangerous half-wit. Strutting across the world stage like a demented peacock, Mr. Trump made Sherwin-Williams unnecessary. We’ve never met the man, so we have no first-hand opinion of him. And the liberal media is so hostile, you can’t trust it for an honest judgment. Instead, let’s turn to Mr. Trump’s associates… his family… and the people handpicked by “The Donald” himself, in whose judgment the great man had faith. We begin with his niece, Mary, a clinical psychologist, who (in her recently released book) says Trump paid someone to take his SATs, has “an undiagnosed learning disability,” and is a “sociopath.” Okay… well… she obviously has some family issues. How about his sister, Maryanne, a former United States Circuit judge? Quoted by Mary in her book, she said at the start of Trump’s presidential campaign that Donald would never be elected president. Why not? “He’s a clown – this will never happen.” We asked our research department to look into it. Many people have come and gone, into and out of Trump’s close circle in the White House. What did they say about him? (Excuse the colorful language…) | Name | Role at a time | Insult | Occasion | | Rex Tillerson | Secretary of State | a f**king moron | Pentagon meeting | | Gary Cohn | Economic advisor | dumb as sh*t | Email circulating within the White House | | H R McMaster | National security advisor | a dope | Private dinner | | Tom Barrack | Friend and supporter | not only crazy, […] stupid | Conversation with friend | | Gary Cohn | Economic advisor | less a person than a collection of terrible traits | Email circulating within the White House | | Gary Cohn | Economic advisor | an idiot surrounded by clowns | Email circulating within the White House | | H R McMaster | National security advisor | “An idiot [with the intelligence of] a kindergartener” | Private dinner | | John Kelly | Chief of staff | an idiot | Conversation with Trump | | Sam Nunberg | Adviser | he’s an idiot | Live TV | | Sam Nunberg | Adviser | this idiot | Campaign conversation | | Steve Mnuchin | Secretary of Treasury | an idiot | Unspecified | | Reince Preibus | Chief of staff | an idiot | Unspecified | Source: Quartz Close Associates’ Opinions What? He can’t be that bad. Let’s look at what some other close associates have said: Anthony Scaramucci, former White House communications director: To Trump: “You are a felon and a traitor to the U.S.” Trump is “crazy” and “off the rails,” he adds. Michael Cohen, his ex-personal lawyer (now a guest of the state): Donald Trump is a “racist,” a “con man,” and a “cheat.” “He asked me to pay off an adult film star with whom he had an affair, and to lie to his wife about it, which I did.” "Pressure Point" Technique Could Double Your Money in 30 Days. James Mattis, former Secretary of Defense: Trump “had the understanding of a fifth- or sixth-grader.” The only military man Trump respected was “Colonel Sanders” (of Kentucky Fried Chicken). Omarosa Onee Manigault Newman, Trump’s highest-ranking Black staffer, says her ex-boss was “unhinged,” and a “racist, misogynist, and bigot.” Steve Bannon, former chief strategist for Trump, reported that he “was like an 11-year-old child.” James Comey, former FBI head, said Trump was “untethered to truth.” John Bolton, former National Security Advisor, said Trump was “almost proud of not learning much about the subject matter of national security.” | Recommended Link | | Technology Goes Vertical In 2020 Big Tech stocks like Amazon, Facebook, Apple, and Microsoft created more wealth over the past decade than any bull market in history… But a new type of tech investment could be even bigger in the next decade. A new kind of software allows you to collect "royalty" income on this new technology… And tech investing will never be the same. The thing is… 99.99% of people have still never heard of it. But tech insiders predict this market could hit $20 trillion… $40 trillion… even $100 trillion in the next decade. Find out how you can take as little as $100 and turn it into an extraordinary royalty income stream of $49,520 – or more. | | | -- | Good Ideas Ignored What insight do we draw from this? What dots can we connect? Only that it helps explain why people don’t listen, even when Mr. Trump has a good idea… He wants to bring some of the troops home. From Germany and from Afghanistan, for example. At least there he’s on the right track and should be encouraged. America has wasted $7 trillion… and thousands of lives… on its unwinnable “War on Terror.” Instead, “The Swamp” – the insiders and cronies, who live off military contracts, working hand-in-glove with the mainstream media – gin up absurd new threats (a Russian bounty!) in order to justify keeping the troops in place and make the president look dumb (or even traitorous). He wants to reopen the schools. In light of the evidence about how the coronavirus spreads, there’s no reason the kids shouldn’t go back to their classrooms. But the fact that The Donald proposes it puts almost the entire intelligentsia agin it. On CNN today is a long article about what a terrible idea it is. But buried near the bottom of the pile is this from Dr. Robert Redfield of the Centers for Disease Control and Prevention: The ability of this virus to cause significant illness in children “is very, very – very limited.” He cautions against tearing down statues. Again, he’s right. Maybe the statues should go. Maybe they should stay. But it’s not for a righteous mob to decide. There are probably other causes he is right about, too. It is a shame he’s such a poor champion for them. Stay tuned… Regards, Bill
Like what you’re reading? Send your thoughts to feedback@rogueeconomics.com.
FEATURED READS A Crisis Like No Other
The International Monetary Fund (IMF) has published its June 2020 economic outlook. And the economic fallout from the COVID-19 pandemic is more severe than anticipated. For more information and growth projections by country, click here. Doug Casey: The Deep State Is Responsible for All Economic Turmoil
In this June essay, Bill’s trusted friend and colleague Doug Casey, founder of Casey Research, addresses the “Greater Depression,” why things are about to get much worse, and how the Deep State creates – and exacerbates – the U.S.’s economic issues… MAILBAG Readers respond to Thursday’s Diary, “Where We Are Now”… Another genuinely interesting and thought-provoking article that goes a long way to explaining why the vast majority of world citizens absolutely despises the USA, and yet usually finds American citizens to be friendly, likeable, and interesting people. – Douglas C. Thought-provoking blog, Bill. As with the Romans, corruption and the resulting societal breakdown leads to overthrow from outside (or perhaps inside). As America divides itself and abdicates its leadership role internationally, here comes China. Not too late to turn this around if we act immediately, in my view. It is interesting to note that the longevity of civilizations shortens with advancing technologies – from the Egyptians to the Greeks to the Romans to the British Empire to our own democratic "experiment." And during these periods, the Earth shrinks as the population explodes. There is an outlier to this trend. China has retained its empire through the millennia and is now reinventing itself as the predominant force in the world. Technology is advancing exponentially. This is an exciting and critical time to make the right choices, but also one where the impacts of these advances are not well understood or often assimilated in a timely, constructive way for the preservation of our planet and species. Now, with 7.8 billion humans on the Earth, we turn a blind eye to reality at our peril. – Stephen A. Great piece. Couldn't be more true… Instead of earning money by making valuable goods and offering valuable services, people turned to making money with money. "Financialization" became the business that paid. "And bankers, hedge fund operators, and stockbrokers became what mommas wanted their babies to become." You couldn't have said it better! – Gerard K. Was the introduction of financialization the start of America’s economic decline? Is the world turning a blind eye to reality, like Stephen says? Write us at feedback@rogueeconomics.com. IN CASE YOU MISSED IT… Imminent FDA Approval Could Send This Tiny Biotech Soaring As the ultimate gatekeeper in the drug approval process, the FDA has the power to drive share prices through the roof. Here are just a few recent examples we've identified: -
Agios Pharmaceuticals: +740% -
MyoKardia: +884% -
G1 Therapeutics: +442% -
Regenxbio: +894% -
Clovis Oncology: +585% -
Karuna Therapeutics: +629% -
Amarin: +733% -
Agile Therapeutics: +1,086% Right now, this tiny biotech stock is next in line for FDA approval. The big announcement is due in the third quarter. So there are literally days left to act Click here before it's too late. 
Get Instant Access Click to read these free reports and automatically sign up for daily research. | 
No comments:
Post a Comment