It’s not just America. It’s happening around the world. The people are rising up and disempowering their guardians. The term “guardian” comes to us from Plato… as I have often pointed out. It refers to a group of philosopher kings whose superior knowledge of Ideas qualifies them to govern those less intellectually endowed. Call them elites. Call them experts. Democracy notwithstanding, they have largely been in charge.
They know better than you how you should be living your life. They have little use for the free enterprise system because they do not believe that you and your ilk can, by making your own decisions, produce an economically efficient and effective market. Don’t you know, your lack of knowledge of the Ideas makes you a rube, a self-interested, rent-grabbing, ignorant, greedy SOB. The elites are there to save you from your worst instincts.
Today, of course, they feel compelled to save the world from the embodiment of everything they fear. That would be Donald Trump, the Antichrist incarnate. The elites are secretly happy to see the advent of Donald Trump. He proves that they were right all along. He represents everything they hate. As I have mentioned, they see him as the Antichrist. They will do anything to destroy this agglomeration of evil, even running a Women’s March behind an anti-Semitic Palestinian activist who prefers Shariah Law and who wants to mutilate the genitals of women who oppose Islam. If that doesn’t tell you how far the elites will go to destroy the Antichrist, nothing will.
And, what does it mean that the alt-left is out en masse clamoring for more Muslim men to be allowed entry into the nation? Do they care about the havoc that Muslim immigration has produced in Europe? Not at all. They see a vanguard that can rise up and destroy the Antichrist. They will deal with the rest later.
The elite class is made up of government officials, academics, media figures, the intelligentsia and lawyers. And let’s not forget the one group that everyone seems to ignore: the central bankers who control the world economy… and who do it for our own good. Didn’t they save us from the Great Recession? Some will say Yes and some will say that it will not be a happy day when we get the bill.
The intelligentsia might not have any experience running anything more than their mouths, but they are not ruled by the profit motive, and thus have purer souls. They know what is best. Give them the power, as we have for lo these many years and they will do what is best for everyone, not just for the rich and the military-industrial complex.
How much of the anguish issuing forth from the mainstream media reflects their horror over the fact that the American people rejected their collective wisdom in the last election. After all, all the media elites favored one candidate. The American people rejected their favored candidate.
The populist revolt is not just happening in America. Around the world, the common people, those who do not belong to the cognoscenti, have been in open revolt. They have not been storming the Fed, pitchforks in hand, but they have been revolting through the ballot box.
P. J. O’Rourke takes us on a world tour to show the people rejecting the elites:
If it's any comfort, people all over the world are saying, "We're sick of the elites. We're tired of the experts. To hell with the deep thinkers who think they know what we should have better than we do and who—while they're at it—are grabbing everything we've got."
Great Britain's political, business, and trade union leaders were opposed to Brexit. That is, the people who supported the Iraq war plus the people who caused the 2008 global financial crisis plus the people who nationalized the British automobile industry were all in unprecedented agreement on one issue. Voters felt they couldn't go wrong betting against this trifecta.
A similar broad coalition of Colombia's good and great spent five years negotiating a peace treaty with a starving rabble of FARC guerrillas who had been marauding in the country's hinterlands since 1964. A plebiscite was held to ratify the peace agreement, causing voters to tacitly ask, "After 52 years of murder, kidnapping, pillage, theft, and trafficking in narcotics, FARC is being offered retirement benefits?" The plebiscite failed.
That’s not all, folks. O’Rourke continues:
However, antielitism can come from every political direction. Brazil is in the process of bringing indictments for corruption against practically every one of its politicians—left, right, and middle-of-the-road—for the simple reason that they're guilty of it.
Sometimes the antielitism seems to come from never-never land. Among the principal contenders in the 2016 Icelandic parliamentary elections was the Pirate party (symbol: a black sail), featuring a platform plank to give Edward Snowden Icelandic citizenship.
Not to be outdone, citizens of the Philippines gave themselves a dose of electoral homeopathy. Overwhelmed by violent lawbreaking, they elected a violent lawbreaker president. Rodrigo Duterte, former mayor of crime-plagued Davao City, is nicknamed "Duterte Harry."
Even the dull politics of Australia have been in turmoil. Politics in Australia are so dull that the name of the conservative party is the Liberal party. But Australia has had five prime ministers in six years. Its last election nearly resulted in a hung parliament. A hung parliament! What a tempting idea. Although I suppose hanging legislators is immoral. And it's illegal, except maybe in Queensland if parliamentarians are caught chasing sheep.
In staid Canada they now have a prime minister who's a completely inexperienced dashing young celeb named Justin. I haven't Googled "Canadian politics." (Who would?) But I'm assuming it's Bieber.
We are all anxiously awaiting the moment when the Canadian people stand up against their Prime Minister, Justin Bieber.
At the Altmarket blog (via Zero Hedge) Brandon Smith offers a chilling vision of the future. You might think that Trump is inheriting a strong economy and a strong stock market. Not so, Smith writes:
For the entire first half of 2016, globalists were “warning” non-stop that a rise in populism (conservatives and sovereignty champions) would result in international financial catastrophe. It was as if they KNEW that the Brexit would succeed and that Donald Trump would win the election…
This has been my position for the past half year — that globalists were planning to allow conservative and sovereignty movements to take the reins of power, that they would allow the passage of the Brexit and the rise of Trump, just before they pull the plug on the system’s life support. The Federal Reserve in particular has already launched the final phase by beginning a series of rate hikes which will remove the safety net of free and cheap overnight loans to companies, thereby sabotaging equities markets. I specifically warned about this over a year ago when most analysts were stating that negative rates and QE4 were “just around the corner.”
From the perspective of the globalist elites, if Trump is in charge when the bill comes due, the world will blame it on him and the other populist leaders. Then they will come to rescue the world and regain their power.
After the dust has settled, the argument will be that the world was "on course" before the Brexit, before Trump and before populism. The argument will be that globalism was working and conservatives screwed it up with their selfish nationalist endeavors. After the final crash and perhaps numerous deaths from poverty and violence, the argument will be that the only conceivable solution must be a return to globalism in an extreme form; or total global centralization, so that such a tragedy will never happen again.
Smith believes that Trump is playing into the globalists’ hands. That he is playing a role in their narrative:
No incoming president with any sense would try to take credit for the largest equities bubble in history. But, take credit is essentially what he did. That said, if you ALSO understand that the globalist narrative is engineered so that conservatives take the blame for the coming crash, AND if you believe that Trump is knowingly participating in this narrative (as I now do after he lied about "draining the swamp" and front loaded his cabinet with banking elites), then Trump's statement makes perfect sense. Trump is playing the role of a future bumbling villain, the populist maniac who gets too big for his britches and brings disaster down on people's heads.
The false recovery narrative will indeed die in 2017, and it will be because the globalists WANT it to die while nationalists are at the helm. This is perhaps the biggest con game in recent history; with conservatives as the fall guy and the rest of the public as the gullible mark. One can only hope that we can educate enough people on this scenario to make a difference before it is too late.
Obviously, it sounds rather conspiratorial. And yet, even your humble blogger, whose knowledge of the workings of the world banking system is significantly inferior to that of Brandon Smith, once suggested that at some point we would have to pay for profligate spending of the Obama years and that it would have been good not to be in power at that moment.
With any luck it will go down as yet another failure of my and Smith’s crystal ball.