Finally, Clarence Thomas Opens His Mouth

23 02 2021

  By Timothy D. Naegele[1]

See https://www.newsmax.com/politics/clarence-thomas-election-law-scotus-voter-fraud/2021/02/22/id/1011008/ (“Justice Thomas Blisters Court on Rejecting Election Cases”)

Too little, too late.

See https://naegeleblog.wordpress.com/2020/12/19/the-high-tech-lynching-of-donald-trump/ (“The High-Tech Lynching Of Donald Trump”) (see also the comments beneath the article) and https://www.cnbc.com/2021/02/22/supreme-court-rejects-trump-effort-to-shield-tax-records-from-ny-prosecutors.html (“Supreme Court rejects Trump effort to shield tax records from NY prosecutors”) and https://naegeleblog.wordpress.com/2019/06/18/the-u-s-supreme-court-is-a-tragic-pathetic-joke/ (“The U.S. Supreme Court Is A Tragic, Pathetic Joke”) and https://www.dailymail.co.uk/news/article-9287073/Supreme-Court-says-Manhattan-prosecutors-Donald-Trumps-tax-returns.html (“Trump calls NY’s Democrat DA Cy Vance a ‘headhunter’ as he slams SCOTUS ruling that forces him to hand over tax returns in fraud probe – calling it ‘a continuation of the greatest political Witch Hunt in the history of our country’”) and https://www.nysun.com/national/justice-thomas-in-a-fiery-dissent-illuminates/91427/ (“Justice Thomas, In a Fiery Dissent, Marks Need for Election Reform”)

Because of one man and his cowardice—Clarence Thomas—millions of Americans have lost faith in our elections, our system of justice, and in the United States itself. And China’s Communist rulers in Beijing must be salivating. Their goal of global domination by the end of this decade seems more realistic than ever.

See https://naegeleblog.wordpress.com/2021/01/13/the-day-america-died/ (“The Day America Died?”)

 

 

© 2021, Timothy D. Naegele

 


[1]  Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass). He and his firm, Timothy D. Naegele & Associates, specialize in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see, e.g., Timothy D. Naegele Resume-20-6-30). He has an undergraduate degree in economics from the University of California, Los Angeles (UCLA), as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University. He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal (see, e.g., https://en.wikipedia.org/wiki/Commendation_Medal#Joint_Service). Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g., www.naegele.com/whats_new.html#articles and https://naegeleblog.wordpress.com/articles/), and can be contacted directly at tdnaegele.associates@gmail.com


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16 responses

23 02 2021
Richard Schultz

Tim, I don’t suppose you put any money on Anita Hill? RCS

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23 02 2021
Timothy D. Naegele

Very clever, the Great Schultz.

No, no money on Anita. 🙂

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23 02 2021
pmcd

I am confused. The election is over, and the damage was already done. Things will return to business as usual, sort of. However, many foreigners will no longer regard the US as a political model to emulate, nor as one to trust. It’s become just another corrupt place, joining a long list of others.

If the virus is curtailed by the vaccines, the Democrats will become the dominant force in a one party state. Perhaps it was too much to hope that the judicial branch would curtail the seizing of power by executives, using public health as an excuse. Look for more freedoms to be curtailed via this method of bypassing the populace. Could be worse. You could be living in a country to your north.

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23 02 2021
Timothy D. Naegele

Brilliant comments, as always, Philip. Yes, we could be living in the freezing Arctic North, suffering under the “leadership” of Pierre Trudeau’s man-child.

The fact is that one man, Clarence Thomas, might have made a difference. Indeed, I hoped that he would, and become a historical figure in the American story. Instead, he is the consummate villain, who merely adds to the criminal activities of the “Justices” of our Supreme Court.

See https://naegeleblog.wordpress.com/2020/12/19/the-high-tech-lynching-of-donald-trump/ (“The High-Tech Lynching Of Donald Trump”) (see also the comments beneath the article)

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23 02 2021
H. Craig Bradley

THE GIG IS UP

America has cracked, not because of crack cocaine in the slums, but rather, public confidence in America has been shattered in the past few years. Bitter political acrimony has become a global spectacle in which even French President Macron ( a man of the left ) has spoken publically that he is worried about America becoming too “woke” for the good of Western Nations.

The world is becoming more unstable every year as the core breaks-apart ( The global financial system is America centric and dollar centric ). We have lost the first two Amendments to the Constitution and the next two are in the cross-hairs of the leftists. We are all going to suffer because nobody has the strength to stand-up against the Secular Progressives or in the Supreme Court, bully Liberal Chief Justice, John Roberts.

So, I predict in the coming years entrepreneurs with means and business interests are increasingly going to look for other places to live where they are treated best, not just a little better (Why just move to Colorado or Utah just because the income taxes are lower ?). Some retirees, about a million American expats reportedly reside in Mexico today (e.g. Cancun, Merida, Yucatan, or Playa del Carmen). These are pretty safe places compared to Portland, Oregon or Baltimore, Maryland.

Increasingly, foreign countries are viewed as attractive places to relocated to and they are competing for the most productive people in the world to come and live or reside in their countries and do business there. The advent of Golden Passports in various European Nations is one such recent development to attract talent to their countries who can positively contribute. I foresee an American Diaspora in the next 10 years or so. It is a growing minority today but a trickle may turn into a flood in 15 years or less. Time will tell. No guarantees.

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23 02 2021
Timothy D. Naegele

Thank you as always, Craig, for your comments.

First, there is an event on the horizon that may influence lots of decisions; namely, the mutation of China’s deadly Coronavirus, with far-reaching consequences. For those of us who have been vaccinated already, and thought we were in a “better place,” we may have to think again. For those who have not been vaccinated, it is scary.

See https://news.yahoo.com/californias-coronavirus-strain-looks-increasingly-130055544.html (“California’s coronavirus strain looks increasingly dangerous: ‘The devil is already here'”)

Second, I do not care where anyone goes in Mexico, it is not safe. Indeed, the Coronavirus’ mutations may increase the lawlessness, not lessen it. And this is true elsewhere in the world too.

See https://naegeleblog.wordpress.com/2017/06/15/who-is-next-the-murder-of-a-young-american-and-the-harvesting-of-his-body-parts-in-mexico/ (“Who Is Next? The Murder Of A Young American And The Harvesting Of His Body Parts In Mexico”)

Only when you know an American who has been killed in Mexico, with the killers roaming free to repeat their crimes, does this hit home dramatically.

Third, as “screwed-up” as our great nation may become under Brain Dead Joe and Willie Brown’s ho Kamala, and their fellow Democrats, (1) there are far-worse places to live, and (2) the pendulum will likely swing back when the Biden presidency ends in four years, or less.

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24 02 2021
H. Craig Bradley

THE GIST OF THE “GREAT RESET”

Insights into current economic phenomenon, such as the complete failure of Keynesian Economics since 2009 and the current practice of unlimited QE and Modern Monetary Management ( MMT) do have a historic precedent: Weimer Germany and the era of hyperinflation. We might not get full-on Venezuelan hyperinflation, but by 2026 we may revisit the worst of the seventies era double digit inflation (stagflation).

The trend of out-of-control Federal spending started with Barack Obama, continued with President Trump, and now continues with President Biden. The national debt doubles now every 4-8 years. Anybody with a lick of common (financial) sense should see this is not going to work-out or end well, mark my words.

http://www.oldmagazinearticles.com/article-summary/hjalmar-schacht-economist#.YDWag_mIapp

German Central Banker, Hjalmar Schacht got control of the Weimer hyperinflation by reissuing New Reich banknotes backed by tangible assets such as real estate ( farm land ), since most of the gold had already left Germany by then (1937). Thus, Hjalmar Schacht stabilized the German currency and economy.

Similarly, the current “Great Reset” appears to be another socialist financial scheme to eventually devalue all paper currencies, default on sovereign debts globally, including U.S. Treasuries, and reissue a Fed digital dollar on a blockchain ( devalued, of course). So, enjoy your free money and high net worth, measured in paper U.S. Dollars, while you still can. It can not last indefinitely.

Remember, history repeats. Better Protect Yourself instead of hoping the pendulum will swing back in a few years and restore our previous glory like nothing happened ( an extra $10 trillion in unpayable Federal government debt). Think again, Tim.

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24 02 2021
Timothy D. Naegele

Time will tell, Craig.

If the latest mutations of China’s Coronavirus become as deadly as some predict, it may not really matter.

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24 02 2021
Timothy D. Naegele

RayUSA has written:

I agree with you Craig. I would like to add several observations.

First, the out of control spending began in earnest under LBJ with his “war on poverty,” his “Great Society” welfare programs and the Viet Nam War. In order to help pay for his programs, it was LBJ that began raiding the Social Security surplus fund account, thereby replacing those funds with special IOU paper T-Bonds that cannot be sold. Every POTUS since LBJ has raided SS in the same manner. LBJ also removed silver from the coinage, in effect, creating counterfeit coins from 1965 onwards. Translation; our debt is far worse than what meets the eye.

Bush 43 inherited a $5 Trillion national debt. Within 8 years, Bush doubled it to $10 Trillion. Obama then doubled that to $20 Trillion in his 8 years. Trump was on pace to outdo them all. Before they are done, Biden/Harris will make the rest of them look like rank amateurs.

It gets worse; Catherine Austin Fitts has done extensive research using the Government’s own Congressional Budget Office statistics. Her inescapable conclusion; a mind boggling $21 TRILLION has simply disappeared … as in “not accounted for.” Corruption in government has always been rampant. It has now reached unimaginable levels that would even make Russian oligarchs blush.

Our entire economy is existing on smoke and mirrors. One such example is the housing industry. Few people realize that the entire real estate market actually collapsed in 2008. The buyers of Mortgage Backed Securities (MBS) sat on millions of foreclosed properties that could not be brought onto the market due to the over supply factor which would have further collapsed prices. What was even worse is that the ENTIRE secondary market collapsed; meaning that there were no buyers, as in ZERO, for MBS. The Fed stepped in and began buying MBS at a rate of $80 BILLION per month. Without the Fed’s action, ZERO funds were available for potential buyers. The Fed continues to buy between $60 – $80 Billion in MBS per month to this day. The Fed also has artificially kept interest rates extremely low, and is now BELOW 3% for a 30 year fixed. The Fed’s unprecedented actions has propped up the real estate market, but, the entire market has AGAIN returned to bubble territory. It can’t last. Another monumental collapse is coming.

This economy is facing a day of reckoning, where the worst of all economic conditions might be in our future; stagflation, whereby the economy enters into a deep, prolonged recession, or worse, a depression, and, due to the endless creation of fiat money, a prolonged period of high, or, hyper, inflation occurs.

The last time we experienced serious stagflation was during the Carter Administration, which was saddled with the deficits that were created by LBJ’s ongoing Great Society programs, along with the bills created by the Viet Nam War. Then, in 1971, in a move of desperation, Nixon closed the “gold window,” which decoupled the dollar from the spending restrictions associated with gold backed currency. Foreign investors (as in nations) required high interest returns on what they perceived to be “high risk” T-Bonds, which in turn drove interest rates to a high of 18%. IMO, we’re heading towards that scenario again, as the world loses more and more confidence in our system, and currency.

The last chapter of this decades long slide will be written when the American Dollar loses its reserve currency status. It is no longer a question of if. It is only a question of when. When that happens, will the Government use its last available weapon, i.e. the military?

According to several, former, Middle East CIA operatives, the USA did exactly that twice in recent history; the toppling of Saddam Hussein and Libya’s Muammar Gaddafi, both of which had launched plans to create their “Arab” currencies, and thereby, ending their association with the US Petrol Dollar.

(My apologies for the length, which was not intentional)

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24 02 2021
Timothy D. Naegele

Well said, Ray.

You have described succinctly how we got into this mess, and what may be coming.

The over-inflated stock market and housing prices seem to be prime candidates for collapses, with the balloons bursting big-time.

More than five years ago, I discussed this; and since then, China’s deadly Coronavirus has hurt millions of Americans and others globally — physically, psychologically and economically — with even more to come.

See https://naegeleblog.wordpress.com/2015/07/01/global-chaos-and-helter-skelter/ (“Global Chaos And Helter Skelter”) and https://www.dailymail.co.uk/health/article-9295385/Homegrown-California-coronavirus-variant-account-90-states-cases.html (“‘The devil is already here’: Scientists say homegrown California COVID variant will account for 90% of the state’s cases by the end of March and has a viral load twice as HIGH and has a higher resistance to vaccine”)

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24 02 2021
H. Craig Bradley

LIVING IN ANOTHER STUPID ERA

Dr. Michael Burry (Scion Investments and of the “Great Short” book and movie) expects the post-pandemic economic recovery and yet another round of stimulus to drive-up prices, and doesn’t see bitcoin or gold as guaranteed havens for investors.

“Prepare for inflation,” the investment manager said in a now-deleted tweet on Thursday night. “Re-opening & stimulus on the way. Pre-COVID it took $3 debt to create $1 GDP, and it is worse now. In an inflationary crisis, governments will move to squash competitors in the currency arena. $BTC, Gold.”

His tweet accentuated he gave warnings in 2007 and they were ignored. He has given one recently about MMT and nobody listened. So, ” I am giving a second (public) warning and this tweet will prove it”. ( His tweet and warnings about too much spending and money printing was cancelled). That alone should tell you something. We are going to pay for our stupidity in this “”stupid era”.

REF:
https://markets.businessinsider.com/currencies/news/big-short-michael-burry-warns-inflation-bitcoin-gold-hedge-risk-2021-2-1030102452

http://www.oldmagazinearticles.com/article-summary/hjalmar-schacht-economist#.YDa7LfmIapo

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24 02 2021
Timothy D. Naegele

I have been predicting for years that the “chickens would come home to roost,” and we would pay the piper, and things would come crashing down economically.

See, e.g., https://naegeleblog.wordpress.com/2019/12/24/does-each-new-administration-kick-the-debt-can-down-the-road/ (“Does Each New Administration Kick The Debt Can Down The Road?”)

The Coronavirus pandemic has hurt so many Americans and others globally: physically, psychologically and economically. If anything, as I have written, China’s Communist rulers in Beijing — who unleashed the Coronavirus– are closer to their goal of global domination by the end of this decade.

From having an economy that was “teetering” before the virus, to now where the rest of the world is teetering, are the moves of a chess master. Sitting in Beijing, they must believe that they have us in “check,” and soon in “checkmate.”

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24 02 2021
H. Craig Bradley

I think Joe Biden may be a “born checkmate”, and in his current role as President of the United States all the rest of us are certainly check-mated, as well.

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24 02 2021
Timothy D. Naegele

My guess is that Biden’s four-year presidency will be “truncated” (e.g., as his mental acuity declines). Imagine what the Chinese would do to Willie Brown’s ho Kamala.

This is among the reasons why Mitt Romney, among others, has said that Donald Trump has the GOP nomination and is unstoppable, if he runs.

As I have said before, my guess is that he has to run, and will. This is the only way to deal with those who seek to destroy him.

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24 02 2021
H. Craig Bradley

SILVER PRICE REFLECTS DOLLAR’S DECLINE

https://www.coinflation.com/coins/1932-1964-Silver-Washington-Quarter-Value.html

Pre-1965 U.S. Silver Coins and Our Sinking U.S. Dollar Purchasing Power

$5.0528 is the rounded silver value for the 1932-1964 90% silver quarter on February 24, 2021. This is usually the value used by coin dealers when selling these coins at melt value. The price of silver is less vulnerable to direct central bank manipulations than is gold.

The Chinese Economy and Currency (Yuan) have surpassed the U.S. Economy and U.S. Dollar since 2013 when economic comparisons are made using Purchasing Power Parity (PPP). Thus, we are continually falling even farther behind after Covid-19 Lock-downs and a Recession.

Currently, we are blaming nearly everyone on the planet except ourselves for our poor leadership choices and growing official corruption. Wars have been fought in the past when an upstart nation like China eclipses the existing or former global economic power. We stand to lose everything if history repeats in the next decade. We could lose, as risks exist on both sides. No sure bets. (Chinese almost never act unilaterally unless the game is rigged in their favor)

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24 02 2021
Timothy D. Naegele

See https://www.dailymail.co.uk/news/article-9237397/Hunter-Biden-living-brothers-widow-relationship-sister.html (“Hunter Biden was living with his brother Beau’s widow Hallie while sending raunchy texts and FaceTiming in the shower with her married SISTER as they declared their love and she called him her ‘prince'”)

Also, it was reported earlier that Hunter had sexual relations with the daughter of his brother’s widow, Natalie; and that Hunter impregnated a stripper and denied it, until the stripper proved it with Hunter’s DNA test.

China’s Communist rulers must be loving all of this.

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