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Martial Law In Canada: It’s Never Been Riskier To Not Own Bitcoin

Martial Law In Canada: It’s Never Been Riskier To Not Own Bitcoin

Authored by Mark Jeftovic via BombThrower.com,

Welcome to the era of civil…

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2 years ago

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Martial Law In Canada: It's Never Been Riskier To Not Own Bitcoin

Authored by Mark Jeftovic via BombThrower.com,

Welcome to the era of civil asset forfeiture for your bank accounts. Where governments are woke, broke, and the new f-word is Freedom.

Christia Freeland’s edict tonight that the government can now seize bank accounts with no due process and no recourse could only have been made possible by a complicit media, shaping an utterly false narrative about the truckers convoys and even of “freedom” itself.

For about six years or so, the far left, woke progressives have been operating under the assumption of being (ironically) “on the right side of history”, that their pronunciations, accusations and neuroses were canonical truth while all other thought was heretical and offensive.

They believed themselves to be objectively correct about everything, and that they evangelized an all-encompassing worldview of purported fairness and equity. Yet, the vast majority of their rhetoric is the embodiment of flat-out hatred and othering. For self-declared anti-fascists, their prescriptions around nearly everything amount to pure unvarnished totalitarianism.

They’ve destroyed classical liberalism, they’ve hijacked everything to the left of Ronald Reagan and they’ve polarized the discourse to such as degree that anything which is not full throated cultural marxism is deemed far-right.

Against this backdrop of institutionalized gaslighting, on the eve of the Trudeau government’s declaration of martial law, I’m going to go out on a limb and say that..

The times, they are a changing

Whether anybody cares to admit it or not, the Truckers Revolt, having spread not only across Canada but around the world, has catalyzed a sea change. The public sentiment was already there: people were sick of COVID Tyranny and they were sick of lockdowns and even a large swath of the double vaccinated (like myself) find the vax mandates to be Orwellian and authoritarian.

Covid is over. However the ones who hadn’t yet tapped into the change in public sentiment were the political class, who have come to enjoy ruling by edict for two years, the corporate oligarchy who conveniently had most of their small business competitors forced to shut down, and the mainstream media, who now have to somehow climb down from a sugar high of non-stop doom mongering.

The truckers set something off, a fire, and then Justin Trudeau almost single-handedly poured all the gas that was needed to turn it into a global contagion of backlash.

But it has been astonishing how quickly the wind has shifted. The quicker witted politicians are now scrambling to position themselves as being against mandates, with Saskatchewan, Alberta and even Ontario moving to scrap them.

Liberals like Bill Maher are comparing Justin Trudeau to Hitler, and that was before he declared martial law…

Jon Stewart was heard navel gazing about the “misinformation boogeyman”, as if countless people haven’t been saying it for years….

Who would have thunk it?

Never before have so many people had their eyes opened to the sanctimonious narcissism and hypocrisy of today’s political monoculture and the cultural Marxists that support it. For that, COVID may have its silver lining.

Without it, we would have endured another couple decades of creeping collectivism that would have culminated in a technocratic authoritarianism that may have taken a century to self-destruct (as centrally planned dictatorships always do).

Covid pulled it all forward into 18 months. It was, as I frequently quip “too much, too soon”

This extreme political overreach is actually quickening the implosion legacy establishment and the awakening of the public. The era of woke hegemony will almost certainly enter a period of secular decline in this post-pandemic denouement.

When the next media driven gleichschaltung comes along, it’s going to be a tougher sell. The corporate press has irredeemably discredited itself and they will be in scramble mode over the next few years for mere survival. Only those who get back to their core mandate of actual journalism have a shot.

Welcome to Cyprus 2.0

There is only one true existential threat to society right now, and that is the impending collapse of the global financial bubble. It’s the one thing that can’t be averted, and it’s the one crisis policymakers will go to any lengths to avoid acknowledging (because they created it).  They’ll do anything to gloss over it. It was probably the core motivator behind exaggerating the actual danger of COVID over the past two years.

They’re so desperate they’ll gladly trade any other crisis, no matter how contrived (like climate hysteria) or dangerous (like a hot war with Russia) in order to blot out the impending economic carnage from the public’s awareness.

 Remember how after the Cyprus bail-in of 2013,  legislation that permitted the same thing was rapidly adopted by governments all over the world?

Make no mistake, this is Cyprus 2.0. Tonight’s move by Freeland and the Liberals just ushered in the era of civil asset forfeiture for your bank accounts. All we need is for somebody to bless it with the word “template”. 

Cyprus boosted Bitcoin over the $1,000 USD mark for the first time ever. Granted only a few hours have passed since the decree, but it is telling that cryptos ramped immediately…

Both then and now,  what they’ve accomplished is to actually amplify the game theory that incentivizes getting as much of one’s wealth out of the legacy banking system as fast as possible.

Nevermind that in the legacy banking system:

  • Your purchasing power is stolen via inflation (accelerating toward escape velocity)

  • Interest rates on your savings are negative in real terms

  • You’re using debt as currency

As of tonight, in Canada, the old adage “safe as money in the bank” isn’t what it used to be. Your money can be seized. 

  • No warrant. No court order

  • No due process, no recourse

  • and the banks are shielded from liability.

Or

Bitcoin as the global opt-out. When you don’t have protection under the law, when you’re just on the receiving end of what is decreed, when ultra-wealthy socialists are busily re-imagining your life, and when you get demonized as a fringe and alt-right just for demanding your “Freedom” back, then you really don’t have to do anything else.

Just nod and smile and stack some sats.

The rest will take care of itself.

*  *  *

The world is undergoing a monetary regime change. Get the Crypto Capitalist Manifesto when you join the Bombthrower mailing list for free. Follow me on Gettr, join my Telegram, or if you’re still on Twitter. 

Tyler Durden Tue, 02/15/2022 - 12:59

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Homes listed for sale in early June sell for $7,700 more

New Zillow research suggests the spring home shopping season may see a second wave this summer if mortgage rates fall
The post Homes listed for sale in…

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2 hours ago

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March 11, 2024

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  • A Zillow analysis of 2023 home sales finds homes listed in the first two weeks of June sold for 2.3% more. 
  • The best time to list a home for sale is a month later than it was in 2019, likely driven by mortgage rates.
  • The best time to list can be as early as the second half of February in San Francisco, and as late as the first half of July in New York and Philadelphia. 

Spring home sellers looking to maximize their sale price may want to wait it out and list their home for sale in the first half of June. A new Zillow® analysis of 2023 sales found that homes listed in the first two weeks of June sold for 2.3% more, a $7,700 boost on a typical U.S. home.  

The best time to list consistently had been early May in the years leading up to the pandemic. The shift to June suggests mortgage rates are strongly influencing demand on top of the usual seasonality that brings buyers to the market in the spring. This home-shopping season is poised to follow a similar pattern as that in 2023, with the potential for a second wave if the Federal Reserve lowers interest rates midyear or later. 

The 2.3% sale price premium registered last June followed the first spring in more than 15 years with mortgage rates over 6% on a 30-year fixed-rate loan. The high rates put home buyers on the back foot, and as rates continued upward through May, they were still reassessing and less likely to bid boldly. In June, however, rates pulled back a little from 6.79% to 6.67%, which likely presented an opportunity for determined buyers heading into summer. More buyers understood their market position and could afford to transact, boosting competition and sale prices.

The old logic was that sellers could earn a premium by listing in late spring, when search activity hit its peak. Now, with persistently low inventory, mortgage rate fluctuations make their own seasonality. First-time home buyers who are on the edge of qualifying for a home loan may dip in and out of the market, depending on what’s happening with rates. It is almost certain the Federal Reserve will push back any interest-rate cuts to mid-2024 at the earliest. If mortgage rates follow, that could bring another surge of buyers later this year.

Mortgage rates have been impacting affordability and sale prices since they began rising rapidly two years ago. In 2022, sellers nationwide saw the highest sale premium when they listed their home in late March, right before rates barreled past 5% and continued climbing. 

Zillow’s research finds the best time to list can vary widely by metropolitan area. In 2023, it was as early as the second half of February in San Francisco, and as late as the first half of July in New York. Thirty of the top 35 largest metro areas saw for-sale listings command the highest sale prices between May and early July last year. 

Zillow also found a wide range in the sale price premiums associated with homes listed during those peak periods. At the hottest time of the year in San Jose, homes sold for 5.5% more, a $88,000 boost on a typical home. Meanwhile, homes in San Antonio sold for 1.9% more during that same time period.  

 

Metropolitan Area Best Time to List Price Premium Dollar Boost
United States First half of June 2.3% $7,700
New York, NY First half of July 2.4% $15,500
Los Angeles, CA First half of May 4.1% $39,300
Chicago, IL First half of June 2.8% $8,800
Dallas, TX First half of June 2.5% $9,200
Houston, TX Second half of April 2.0% $6,200
Washington, DC Second half of June 2.2% $12,700
Philadelphia, PA First half of July 2.4% $8,200
Miami, FL First half of June 2.3% $12,900
Atlanta, GA Second half of June 2.3% $8,700
Boston, MA Second half of May 3.5% $23,600
Phoenix, AZ First half of June 3.2% $14,700
San Francisco, CA Second half of February 4.2% $50,300
Riverside, CA First half of May 2.7% $15,600
Detroit, MI First half of July 3.3% $7,900
Seattle, WA First half of June 4.3% $31,500
Minneapolis, MN Second half of May 3.7% $13,400
San Diego, CA Second half of April 3.1% $29,600
Tampa, FL Second half of June 2.1% $8,000
Denver, CO Second half of May 2.9% $16,900
Baltimore, MD First half of July 2.2% $8,200
St. Louis, MO First half of June 2.9% $7,000
Orlando, FL First half of June 2.2% $8,700
Charlotte, NC Second half of May 3.0% $11,000
San Antonio, TX First half of June 1.9% $5,400
Portland, OR Second half of April 2.6% $14,300
Sacramento, CA First half of June 3.2% $17,900
Pittsburgh, PA Second half of June 2.3% $4,700
Cincinnati, OH Second half of April 2.7% $7,500
Austin, TX Second half of May 2.8% $12,600
Las Vegas, NV First half of June 3.4% $14,600
Kansas City, MO Second half of May 2.5% $7,300
Columbus, OH Second half of June 3.3% $10,400
Indianapolis, IN First half of July 3.0% $8,100
Cleveland, OH First half of July  3.4% $7,400
San Jose, CA First half of June 5.5% $88,400

 

The post Homes listed for sale in early June sell for $7,700 more appeared first on Zillow Research.

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Survey Shows Declining Concerns Among Americans About COVID-19

Survey Shows Declining Concerns Among Americans About COVID-19

A new survey reveals that only 20% of Americans view covid-19 as "a major threat"…

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7 hours ago

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March 11, 2024

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Survey Shows Declining Concerns Among Americans About COVID-19

A new survey reveals that only 20% of Americans view covid-19 as "a major threat" to the health of the US population - a sharp decline from a high of 67% in July 2020.

(SARMDY/Shutterstock)

What's more, the Pew Research Center survey conducted from Feb. 7 to Feb. 11 showed that just 10% of Americans are concerned that they will  catch the disease and require hospitalization.

"This data represents a low ebb of public concern about the virus that reached its height in the summer and fall of 2020, when as many as two-thirds of Americans viewed COVID-19 as a major threat to public health," reads the report, which was published March 7.

According to the survey, half of the participants understand the significance of researchers and healthcare providers in understanding and treating long COVID - however 27% of participants consider this issue less important, while 22% of Americans are unaware of long COVID.

What's more, while Democrats were far more worried than Republicans in the past, that gap has narrowed significantly.

"In the pandemic’s first year, Democrats were routinely about 40 points more likely than Republicans to view the coronavirus as a major threat to the health of the U.S. population. This gap has waned as overall levels of concern have fallen," reads the report.

More via the Epoch Times;

The survey found that three in ten Democrats under 50 have received an updated COVID-19 vaccine, compared with 66 percent of Democrats ages 65 and older.

Moreover, 66 percent of Democrats ages 65 and older have received the updated COVID-19 vaccine, while only 24 percent of Republicans ages 65 and older have done so.

“This 42-point partisan gap is much wider now than at other points since the start of the outbreak. For instance, in August 2021, 93 percent of older Democrats and 78 percent of older Republicans said they had received all the shots needed to be fully vaccinated (a 15-point gap),” it noted.

COVID-19 No Longer an Emergency

The U.S. Centers for Disease Control and Prevention (CDC) recently issued its updated recommendations for the virus, which no longer require people to stay home for five days after testing positive for COVID-19.

The updated guidance recommends that people who contracted a respiratory virus stay home, and they can resume normal activities when their symptoms improve overall and their fever subsides for 24 hours without medication.

“We still must use the commonsense solutions we know work to protect ourselves and others from serious illness from respiratory viruses, this includes vaccination, treatment, and staying home when we get sick,” CDC director Dr. Mandy Cohen said in a statement.

The CDC said that while the virus remains a threat, it is now less likely to cause severe illness because of widespread immunity and improved tools to prevent and treat the disease.

“Importantly, states and countries that have already adjusted recommended isolation times have not seen increased hospitalizations or deaths related to COVID-19,” it stated.

The federal government suspended its free at-home COVID-19 test program on March 8, according to a website set up by the government, following a decrease in COVID-19-related hospitalizations.

According to the CDC, hospitalization rates for COVID-19 and influenza diseases remain “elevated” but are decreasing in some parts of the United States.

Tyler Durden Sun, 03/10/2024 - 22:45

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Rand Paul Teases Senate GOP Leader Run – Musk Says “I Would Support”

Rand Paul Teases Senate GOP Leader Run – Musk Says "I Would Support"

Republican Kentucky Senator Rand Paul on Friday hinted that he may jump…

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10 hours ago

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March 10, 2024

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Rand Paul Teases Senate GOP Leader Run - Musk Says "I Would Support"

Republican Kentucky Senator Rand Paul on Friday hinted that he may jump into the race to become the next Senate GOP leader, and Elon Musk was quick to support the idea. Republicans must find a successor for periodically malfunctioning Mitch McConnell, who recently announced he'll step down in November, though intending to keep his Senate seat until his term ends in January 2027, when he'd be within weeks of turning 86. 

So far, the announced field consists of two quintessential establishment types: John Cornyn of Texas and John Thune of South Dakota. While John Barrasso's name had been thrown around as one of "The Three Johns" considered top contenders, the Wyoming senator on Tuesday said he'll instead seek the number two slot as party whip. 

Paul used X to tease his potential bid for the position which -- if the GOP takes back the upper chamber in November -- could graduate from Minority Leader to Majority Leader. He started by telling his 5.1 million followers he'd had lots of people asking him about his interest in running...

...then followed up with a poll in which he predictably annihilated Cornyn and Thune, taking a 96% share as of Friday night, with the other two below 2% each. 

Elon Musk was quick to back the idea of Paul as GOP leader, while daring Cornyn and Thune to follow Paul's lead by throwing their names out for consideration by the Twitter-verse X-verse. 

Paul has been a stalwart opponent of security-state mass surveillance, foreign interventionism -- to include shoveling billions of dollars into the proxy war in Ukraine -- and out-of-control spending in general. He demonstrated the latter passion on the Senate floor this week as he ridiculed the latest kick-the-can spending package:   

In February, Paul used Senate rules to force his colleagues into a grueling Super Bowl weekend of votes, as he worked to derail a $95 billion foreign aid bill. "I think we should stay here as long as it takes,” said Paul. “If it takes a week or a month, I’ll force them to stay here to discuss why they think the border of Ukraine is more important than the US border.”

Don't expect a Majority Leader Paul to ditch the filibuster -- he's been a hardy user of the legislative delay tactic. In 2013, he spoke for 13 hours to fight the nomination of John Brennan as CIA director. In 2015, he orated for 10-and-a-half-hours to oppose extension of the Patriot Act. 

Rand Paul amid his 10 1/2 hour filibuster in 2015

Among the general public, Paul is probably best known as Capitol Hill's chief tormentor of Dr. Anthony Fauci, who was director of the National Institute of Allergy and Infectious Disease during the Covid-19 pandemic. Paul says the evidence indicates the virus emerged from China's Wuhan Institute of Virology. He's accused Fauci and other members of the US government public health apparatus of evading questions about their funding of the Chinese lab's "gain of function" research, which takes natural viruses and morphs them into something more dangerous. Paul has pointedly said that Fauci committed perjury in congressional hearings and that he belongs in jail "without question."   

Musk is neither the only nor the first noteworthy figure to back Paul for party leader. Just hours after McConnell announced his upcoming step-down from leadership, independent 2024 presidential candidate Robert F. Kennedy, Jr voiced his support: 

In a testament to the extent to which the establishment recoils at the libertarian-minded Paul, mainstream media outlets -- which have been quick to report on other developments in the majority leader race -- pretended not to notice that Paul had signaled his interest in the job. More than 24 hours after Paul's test-the-waters tweet-fest began, not a single major outlet had brought it to the attention of their audience. 

That may be his strongest endorsement yet. 

Tyler Durden Sun, 03/10/2024 - 20:25

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