You Had One Job

23+

To receive a free full-text email of The Zeitgeist whenever we publish to the website, please sign up here. You’ll get two or three of these emails every week, and your email will not be shared with anyone. Ever.


I haven’t been this angry since the United States government allowed Jeffrey Epstein to die …

I’m a Superstitious Man

Whether Epstein killed himself or not is the least important part of the story. I’m blaming the people in the room. They’re ALL guilty of the SYSTEM of Jeffrey Epsteins.  … Continue reading



I haven’t been this angry since the last time the United States government dealt with a global plague …

Calvin the Super Genius

Am I personally worried about an Ebola outbreak in the US? On balance … no, not at all. But don’t tell me that I’m an idiot if I have questions about the sufficiency of the social policies being implemented to prevent that outbreak. And make no mistake, that’s EXACTLY what I have been told by CDC Directors and Dr. Gupta and the White House and all the rest of the super genius, supercilious, remain-calm crew.  … Continue reading



What made me so angry? This.


U.S. Sets Evacuation Plan From Coronavirus-Infected Wuhan  [Wall Street Journal]

The U.S. State Department said Sunday that it is organizing a single flight out of the central Chinese city of Wuhan, confirming efforts to extricate diplomats and a limited number of private U.S. citizens from the virus-hit city.

Private citizens are expected to later repay the travel costs, the notice said.

U.S. authorities believe that roughly 1,000 American citizens live in and around Wuhan, a sprawl of 11 million people with a manufacturing-based economy that includes a number of major American companies. 

The U.S. evacuation flight from Wuhan’s Tianhe International Airport was initially planned for Sunday, but issues related to chartering the plane from the U.S. caused a delay. 

The jetliner is expected to be a Boeing 767 with about 230 seats.

The flight is expected to carry mostly Americans and possibly a small number of other foreign nationals but no Chinese citizens.

Japanese Prime Minister Shinzo Abe said Sunday that Japan would evacuate from Wuhan any of its citizens who want to leave, using charter flights and other means to get them back to Japan as quickly as possible. Public broadcaster NHK said about 700 Japanese citizens were thought to be in Wuhan as of Friday.

According to an evacuee manifest and promissory note posted to its website, the State Department asks any participants in a government-arranged evacuation to provide basic identification information and to sign an agreement promising to repay the State Department for all expenses included in the evacuation within 30 days.

That includes the cost of an air ticket, whose price shouldn’t exceed the cost of a full-fare economy ticket.


Japan is getting ALL of its people out of Wuhan. Why aren’t we?

Why the hell are we evacuating “a small number of other foreign nationals” and leaving Americans behind?

Why does this article feel compelled to tell us TWICE about the payback terms on the price of evacuation?

We spend TRILLIONS of dollars fighting god-forsaken wars in god-forsaken countries, and we have “issues” chartering ONE Boeing plane?

JFC.

Rhode Island residents Patrick Randy Stockstill, his wife and two children had traveled to Yichang, a city of about four million near the Three Gorges Dam in Hubei province and 200 miles west of Wuhan, to celebrate Lunar New Year with the extended family of Mr. Stockstill’s wife.

Mr. Stockstill, who had arrived in Yichang on Jan. 20 and was set to leave this coming Friday, said his family was very worried about his youngest son, who is 3 months old. Public transportation in Yichang has been shut down since Friday.

“We’re not looking for special treatment,” said the 38-year-old loan officer, who hasn’t stepped outside for four days for fear of getting infected by the virus. “We are just looking for a way to get my boy home.”

Forget about impeachment and its partisan Kabuki theater. It’s a joke.

If there’s some rich dude who bought his way onto that Wuhan evacuation flight, and you know there is … if there’s a pecking order that leaves people like the Stockstills behind, and you know there is … if this Administration is forsaking its ONE JOB to protect American citizens, and you know they are

THAT’S what brings down this government.


23+

To receive a free full-text email of The Zeitgeist whenever we publish to the website, please sign up here. You'll get two or three of these emails every week, and your email will not be shared with anyone. Ever. It's our effort to spread the word about what we're doing, and allow you to read more Epsilon Theory!

19
Leave a Reply

Please Login as a Paid Member as a Paid Member to comment
  Subscribe  
newest oldest
Notify of
Mark Coppin
Member
Mark Coppin

Amen. Reminds me of not getting aid to Puerto Rico…you know, because it’s an island and there’s water (!). If something basic like finding a few planes can’t be done, then the whole system is broken. WTF

4+
Eric
Member
Eric

Stressed systems expose the rot. That Spanish Flu book that came out 15 years ago: “The Great Influenza” talked about how as the pandemic spread to cities and towns they shut down for 2 weeks – we’re seeing that now on much larger scale – if this truly becomes a pandemic (seems like that’s what’s going to happen…but I’m no expert!) people won’t care about their political loyalties (as much) if the response is inadequate. A nationwide “Katrina” will expose poor governance and people won’t tolerate their government not protecting their safety – especially if there are different responses for rich people and everyone else. Amen.

4+
Jonathan Matthews
Member
Jonathan Matthews

I’d like to be able to think that this is the case but in reality, and maybe I’m just a cynic, but as long as the food stamps….oh, excuse me, EBT cards, keep getting reloaded, the people of this country will keep on living fat and happy while laughing at the ones that die due to governmental malfeasance

1+
Bob
Member
Bob

One might think that subscribers are a tad above say Zerohedge where I troll and say Winner Winner chicken dinner to the first person who remarks that the problem described in the curated articles blames Israel/Mossad/Zionists/Jews/AIPAC/Rothschilds for the issues. EBT cards? They are not the people Ben and Rusty ever who control the Nudging Oligarchy, the Corporate Cronyism we read about on this site. It’s the Jaime Diamonds, Ginni Rommettys, Angelo Mozillos, Dick Fulds, Dennis Muilenburgs who encourage, aid and abet this behavior. People with government assistance are just like the other 85%+ of Americans, subject to the tender mercies of the corporate-government duopoly who borrow billions to buy back stock, dive up share pries, get bonuses for that behavior and crash those entities in the next reversion to mean. Read Hussman. A 67% correction would be just about right historically to get to mean reversion. Dow 10,000 means nothing to EBT people. It might mean something to us. They don’t give a damn about any of us. Just like Wilbur Ross who remarked that the Coronavirus will be good for US commerce because jobs will be brought back here and supply chains diversified. Mr. Market apparently feels otherwise. Here’s your sign….

5+
Bob Jacksha
Member
Bob Jacksha

All I can say is: JFC indeed.

0
JR1
Member
JR1

You wrote that “Japan is getting ALL of its people out” but that is not quite accurate. Japan said it would evacuate “any of its citizens who want to leave”.

There may well be some Japanese and US citizens who do not feel the need to leave Wuhan. It is still quite early and we learn more about this outbreak daily/hourly, but we know so far that most deaths have been from older individuals who may have had other health challenges. The mortality rate (reported so far) is about 5% (76 out of 1,423 confirmed infections in Hebei province). In the 2003 SARS outbreak, 773 people died, according to the CDC, or roughly a 10% mortality rate. 17 years have passed since then and now we have more advanced tools and medicines to help out, as well as greater awareness and faster spread of information.

Last winter, about 80,000 people in the US died from the flu (according to CDC). Just saying, let’s keep this unfortunate coronavirus outbreak in context.

We know from the CDC that the virus does not survive for more than a few hours on surfaces at room temperature so that it is unlikely to spread widely in that fashion.

It may well get much, much worse. But as of now that is mere speculation.

BTW, here is a neat map that the folks at Johns Hopkins have produced to track the epidemic:
https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6

7+
BobK71
Member
BobK71

In a system with artificially inflated money (assuming we have true democracy,) power doesn’t go to those who best manage the balance between taxes and spending. Power goes to those who best manage the balance between money and debt creation and distributing the assets to your power base.

These are different balancing acts, and tend to attract different types of ‘leaders,’ but they’re both balancing acts.

What I mean is, each dollar that goes to doing something actually good is a dollar not going to strengthening one’s power base. Those two ends are not often the same in an inflated-money society, and those who can’t tell the difference tend not to be in power for long.

0
Guy Larri
Member

I don’t understand why you mention “inflated money” a couple of times. Isn’t it true that the choice between using money “doing something actually good” vs “strengthening your base” is always present for a politician? You imply that inflated money makes that a more acute issue. Can you explain why? I’m just wondering if there is a mechanism I’m not seeing or something like that.

A minor point: If asset prices are inflated as they are now, doesn’t that mean that the money is deflated? If I need a lot more dollars to buy the same house, the dollars are each worth a lot less than they used to be. I know we call that “inflation” but would you really say that you then have “inflated money”? Inflated money feels like it should be bigger and stronger dollars that buy more, nor smaller weaker dollars that buy less.

0
BobK71
Member
BobK71

Great points, thanks. By ‘inflated money,’ I was referring to the core system where the money supply is artificially controlled (in the name of some social good or other, of course,) not to financial asset inflation. ‘Inflated’ was used because, over the long term, this always seems to inflate rather than deflate the money supply. I just saw a 1930s ad for the Waldorf Astoria for $5 a night! Between doing the right thing and strengthening your power, there’s no real choice. You do the latter. (The few who don’t understand this don’t last long — the most famous example of whom is probably the vastly underrated Jimmy Carter.) In theory, democracy is supposed to align the two objectives. IMO a big part of why this alignment doesn’t happen is that, in an inflated-money system, the balancing act is not between taxes and spending, as it should ideally be, but among taxes, spending, and generating (for lack of a better term) artificial wealth that is ultimately enabled by the money system. A good example would be the Clinton administration, generally credited for the ‘goldilocks’ economy of the 90s of low taxes, low inflation, high investment returns, and fiscal balance. This ‘superhuman achievement’ was not the result of a true genius for governing (Clinton might have been good, but not that good.) The major factor IMO was that China came on line and was nudged by the American-led system to use its vast productivity to support the paper assets issued by… Read more »

BobK71
Member
BobK71

For the minor point, when the same money buys less, it’s generally called inflation, and that’s because the supply of money has been increased (ie inflated.) When the Fed increases the money supply (‘injects liquidity,’) it tends to lift the prices of stocks, bonds, and real estate. I guess this is the linguistic convention we’re forced to accept from our elders.

0
Bob
Member
Bob

Please elaborate. What is “actually good?” As opposed to “good,” “neutral,” “bad,” and “actually bad.” As to balancing taxes and spending, see, e.g., “Snip” of a few weeks ago. There is no relation between taxes and spending anymore.

0
BobK71
Member
BobK71

>> Please elaborate. What is “actually good?”

That’s a different discussion. What is good is assumed to be in agreement here.

0
tany
Member
tany

Something felt off about the constant mention of paying back uncle sam but I couldn’t quite place it. This rant is a solid explanation of why that felt off.

1+
bill arcright
Member

https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6
please notice the curve has quit rising & is now leveling, more recovered than dead. fear based people do fearful things.
clear eyes, full heart, can’t lose…..

0

The Daily Zeitgeist

The Miracle Max of MBS

By Rusty Guinn | March 30, 2020 | 7 Comments

Sometimes investors and corporate executives will beg for a miracle to bring mostly dead assets back to life. That’s OK. But we don’t have to give it to them. And we don’t have to treat their requests as news in themselves.

Read more

The Python and the Pig

By Ben Hunt | March 13, 2020 | 2 Comments

The NYC healthcare system – one of the finest in the world – is about to be slammed beyond anything they have ever seen. ER visits and patient testing is where it begins. It moves from there through the system, ending in ICU wards. The process is like a python swallowing a pig, except this isn’t a pig. It’s a whale.

Read more

Tick-Tock

By Ben Hunt | March 12, 2020 | 15 Comments

For the first time our federal government is treating the fight against this virus like the war that it is.

Is it pathetic and sad and a corrupt betrayal of the public trust that it took this long? Absolutely.

But now here we go. And there is no country in the world that mobilizes for war more effectively than the United States.

Read more

The Zeitgeist | 1.25.2019

By Rusty Guinn | January 25, 2019 | 0 Comments

Billionaire penthouses, vertical integration in cannabis, non-musical music power, and a shifting tone in tech.

Read more

The Zeitgeist | 1.24.2019

By Rusty Guinn | January 24, 2019 | 0 Comments

An American mutual fund gatekeeper does PR for China, DNC gunning for Wall Street, multiple missionaries live from the pulpit in Davos.

Read more

The Zeitgeist | 1.23.2019

By Rusty Guinn | January 23, 2019 | 1 Comment

Talking ourselves into a recession, trusting our employers, and a fine example of government shutdown fiat news.

Read more

DISCLOSURES

This commentary is being provided to you as general information only and should not be taken as investment advice. The opinions expressed in these materials represent the personal views of the author(s). It is not investment research or a research recommendation, as it does not constitute substantive research or analysis. Any action that you take as a result of information contained in this document is ultimately your responsibility. Epsilon Theory will not accept liability for any loss or damage, including without limitation to any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Consult your investment advisor before making any investment decisions. It must be noted, that no one can accurately predict the future of the market with certainty or guarantee future investment performance. Past performance is not a guarantee of future results.

Statements in this communication are forward-looking statements. The forward-looking statements and other views expressed herein are as of the date of this publication. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements, and there is no guarantee that any predictions will come to pass. The views expressed herein are subject to change at any time, due to numerous market and other factors. Epsilon Theory disclaims any obligation to update publicly or revise any forward-looking statements or views expressed herein. This information is neither an offer to sell nor a solicitation of any offer to buy any securities. This commentary has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. Epsilon Theory recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial advisor. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives.