Money & Markets Report: July 20, 2023
Money & Markets Report: July 20, 2023

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Theme: Ukraine Fever
Interview: 2nd Quarter 2023 Wrap Up: News Trends & Stories, Part II with Dr. Joseph P. Farrell
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126 Comments
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Wind Industry Demands Financial Bail Out; Climate Group Says “The wind experiment has failed and must be wound down” (UK)
TOPICS:BN FrankClimate ChangeEnergyUKWind
July 6, 2023By B.N. Frank
Dr. John Constable, Net Zero Watch’s Energy Director, said: “It would be both absurd and counterproductive for Government to bail out the wind industry in spite of the evident failure to reduce costs. A refusal to learn from mistakes will be disastrous.”
In a press release, the organisation argued the Government should “reject the self-serving demands” because the U.K. economy should not be expected to continue to subsidise a sector “that is still uneconomic after nearly 20 years of above-market prices and guaranteed market share”.“The wind experiment has failed and must be wound down,” it adds.
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The War On Cash Centers On “Controlling The Individual”
by Tyler Durden
Sunday, Jul 16, 2023 – 06:10 AMIt is also related to another AdvancingTime post that centers on the growing dependence of society on technology. High-tech societies are particularly vulnerable to collapse due to their population being dependent on both the system and others to provide the basic items they need to survive in everyday life. Basic survival skills are important and being prepared is linked to thinking about what is often considered the unthinkable. Today many members of society lack those skills.
https://www.zerohedge.com/personal-finance/war-cash-centers-controlling-individual
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‘Reduce Population’: Kamala Harris Verbal Slip-Up Corrected By White House
by Tyler Durden
Saturday, Jul 15, 2023 – 08:55 PMKAMALA HARRIS: “When we invest in clean energy and electric vehicles and reduce population, more of our children can breath clean air and drink clean water.”
https://www.zerohedge.com/markets/reduce-population-kamala-harriss-verbal-slip-sparks-outrage
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I saw this. At this point, don’t know if it was deliberate or not. Harris is incredibly inarticulate, so may well have been a genuine (if Freudian) slip up.
However, she has an appalling record as San Francisco’s DA, and later AG for California, in which she broke the law, supported for-profit prisons, jailed ~1,900 poor people for minor crimes, such as their children cutting class, or possession of small amounts of marijuana (a drug which she openly admits she’s used, and laughed about it when asked). In another case, she withheld exculpatory DNA evidence for a defendant facing the death penalty (Kevin Cooper).
We’re also talking about someone who said she believed women who came forward to say Joe Biden had sexually assaulted them, and criticized Biden for supporting racial segregation of public schools as recently as the 1970s. BEFORE very quickly accepting his belated offer to be his Veep.
The psychopaths’ mask is slipping. At this point, they’re simply so brazen about their disdain for us, it would not surprise me if she were told to say exactly what she did, with the later official correction being pre-planned.
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FEAR AND LOATHING ON AIR FORCE ONE
Biden’s anxieties over the Ukraine War and the election in 2024 come into view

Seymour Hersh
Jul 13, 2023exerpt:
I have been told a different, secret story about Erdogan’s turnabout: Biden promised that a much-needed $11-13 billion line of credit would be extended to Turkey by the International Monetary Fund. “Biden had to have a victory and Turkey is in acute financial stress,” an official with direct knowledge of the transaction told me. Turkey lost 100,000 people in the earthquake last February, and has four million buildings to rebuild. “What could be better than Erdogan”—under Biden’s tutelage, the official asked, “finally having seen the light and realizing he is better off with NATO and Western Europe?” Reporters were told, according to the New York Times, that Biden called Erdogan while flying to Europe on Sunday. Biden’s coup, the Times reported, would enable him to say that Putin got “exactly what he did not want: an expanded, more direct NATO alliance.” There was no mention of bribery.
A June analysis by Brad W. Setser of the Council on Foreign Relations, “Turkey’s Increasing Balance Sheet Risks,” said it all in the first two sentences—Erdogan won re-election and “now has to find a way to avoid what appears to be an imminent financial crisis.” The critical fact, Setser writes, is that Turkey “is on the edge of truly running out of usable foreign exchange reserves—and facing a choice between selling its gold, an avoidable default, or swallowing the bitter pill of a complete policy reversal and possibly an IMF program.”
https://seymourhersh.substack.com/p/fear-and-loathing-on-air-force-one
Comments are closed.
Wind Industry Demands Financial Bail Out; Climate Group Says “The wind experiment has failed and must be wound down” (UK)
TOPICS:BN FrankClimate ChangeEnergyUKWind
July 6, 2023
By B.N. Frank
Dr. John Constable, Net Zero Watch’s Energy Director, said: “It would be both absurd and counterproductive for Government to bail out the wind industry in spite of the evident failure to reduce costs. A refusal to learn from mistakes will be disastrous.”
In a press release, the organisation argued the Government should “reject the self-serving demands” because the U.K. economy should not be expected to continue to subsidise a sector “that is still uneconomic after nearly 20 years of above-market prices and guaranteed market share”.
“The wind experiment has failed and must be wound down,” it adds.
https://www.activistpost.com/2023/07/wind-industry-demands-financial-bail-out-climate-group-says-the-wind-experiment-has-failed-and-must-be-wound-down-uk.html
The War On Cash Centers On “Controlling The Individual”
by Tyler Durden
Sunday, Jul 16, 2023 – 06:10 AM
It is also related to another AdvancingTime post that centers on the growing dependence of society on technology. High-tech societies are particularly vulnerable to collapse due to their population being dependent on both the system and others to provide the basic items they need to survive in everyday life. Basic survival skills are important and being prepared is linked to thinking about what is often considered the unthinkable. Today many members of society lack those skills.
https://www.zerohedge.com/personal-finance/war-cash-centers-controlling-individual
‘Reduce Population’: Kamala Harris Verbal Slip-Up Corrected By White House
by Tyler Durden
Saturday, Jul 15, 2023 – 08:55 PM
KAMALA HARRIS: “When we invest in clean energy and electric vehicles and reduce population, more of our children can breath clean air and drink clean water.”
https://www.zerohedge.com/markets/reduce-population-kamala-harriss-verbal-slip-sparks-outrage
I saw this. At this point, don’t know if it was deliberate or not. Harris is incredibly inarticulate, so may well have been a genuine (if Freudian) slip up.
However, she has an appalling record as San Francisco’s DA, and later AG for California, in which she broke the law, supported for-profit prisons, jailed ~1,900 poor people for minor crimes, such as their children cutting class, or possession of small amounts of marijuana (a drug which she openly admits she’s used, and laughed about it when asked). In another case, she withheld exculpatory DNA evidence for a defendant facing the death penalty (Kevin Cooper).
We’re also talking about someone who said she believed women who came forward to say Joe Biden had sexually assaulted them, and criticized Biden for supporting racial segregation of public schools as recently as the 1970s. BEFORE very quickly accepting his belated offer to be his Veep.
The psychopaths’ mask is slipping. At this point, they’re simply so brazen about their disdain for us, it would not surprise me if she were told to say exactly what she did, with the later official correction being pre-planned.
FEAR AND LOATHING ON AIR FORCE ONE
Biden’s anxieties over the Ukraine War and the election in 2024 come into view

Seymour Hersh
Jul 13, 2023
exerpt:
I have been told a different, secret story about Erdogan’s turnabout: Biden promised that a much-needed $11-13 billion line of credit would be extended to Turkey by the International Monetary Fund. “Biden had to have a victory and Turkey is in acute financial stress,” an official with direct knowledge of the transaction told me. Turkey lost 100,000 people in the earthquake last February, and has four million buildings to rebuild. “What could be better than Erdogan”—under Biden’s tutelage, the official asked, “finally having seen the light and realizing he is better off with NATO and Western Europe?” Reporters were told, according to the New York Times, that Biden called Erdogan while flying to Europe on Sunday. Biden’s coup, the Times reported, would enable him to say that Putin got “exactly what he did not want: an expanded, more direct NATO alliance.” There was no mention of bribery.
A June analysis by Brad W. Setser of the Council on Foreign Relations, “Turkey’s Increasing Balance Sheet Risks,” said it all in the first two sentences—Erdogan won re-election and “now has to find a way to avoid what appears to be an imminent financial crisis.” The critical fact, Setser writes, is that Turkey “is on the edge of truly running out of usable foreign exchange reserves—and facing a choice between selling its gold, an avoidable default, or swallowing the bitter pill of a complete policy reversal and possibly an IMF program.”
https://seymourhersh.substack.com/p/fear-and-loathing-on-air-force-one