In Part 1 we referenced the infamous hysteria triggered in Salem Massachusetts by Betty Parris (age 9) and Abigail Williams (age 12).
In 1692 their pre-pubescent imaginations were apparently more than capable of detecting the evil doings of witches at loose in their community; and a population hopped up with Calvinist enthusiasm for the supernatural works of the Almighty apparently was also capable of lapsing into collective madness—at least for a spell.
But who would have thought that in the year 2018 the grizzled adults and cynical racketeers who populate the Imperial City would fall prey to the same momentary outbreak of deliriums?
After all, Vladimir Putin was the very same Putin who made a mere cameo appearance in the 2012 presidential debates. He got an honorable mention when Barrack Obama appropriately schooled Mitt Romney on the fact that Russia was not America’s principal national security threat.
Indeed, the MSM commentators who are shrieking about Trump’s parlay with Vlad today were knowingly furrowing their brows about Romney’s alleged gaffe back then.
So the question at hand is what changed? How did the politics as usual debating points about the status of Russia and Putin only 69 months ago turn into a veritable Salem style hysteria?
Today's Contrarian Reads
The Magnitsky Myth And The Smarmy Hedge Fund Fraudster Behind It—William Browder
Yet, the Times and the rest of the mainstream media accept that Magnitsky was a “lawyer,” all the better to mislead the American public regarding his alleged role as a whistleblower. The rest of Browder’s story stretches credulity even more as he offers a convoluted explanation of how he wasn’t responsible for bogus claims made […]
The US Treasury’s Farebox Doesn’t Lie—Weak Economy Is Causing Payroll Tax Collections Falling Below Wage Inflation
Changes in social security taxes were minimal under the new tax law. So this is a valid year to year comparison. Social security tax collected in June rose 2.2% vs. June 2017. The gain comes on the heels of a similar gain in May, and just a 1.7% gain in April. That means that Social […]
FBI Lovebirds Confess On Russian Collusion—-“There’s No Big There There”
For any American who wants an answer sooner, there are just five words, among the thousands of suggestive texts Page and Strzok exchanged, that you should read…..That passage was transmitted on May 19, 2017. “There’s no big there there,” Strzok texted. This month, they finally got the chance to ask. Strzok declined to say — […]
You Can’t Build Prosperity On Mercantilism, Debt And Malinvestment—Why China’s Day of Reckoning Coming
And that is the question no one wants answered. Because a rapidly deflating shadow banking bubble in China will have knock-on effects across the entire world. And Trump’s desire to ‘balance our trade with China’ as if a trade deficit is the only way to measure relative economic activity is only exacerbating the situation. […]
Trump’s Helsinki Coup—Why The Empire’s MSM Shock Troops Are Striking Back
The intelligence agencies condemn Trump’s performance at Helsinki because they know this was his moment to strike back. He’d absorbed or deflected most of their outrageous slings and arrows and Helsinki was him pressing his advantage to work for peace with Russia after his initial success with North Korea. In response the Intelligence Agencies officially […]
Why The Imperial City Is Petrified By America First
By cheering Brexit, dissing the EU, suggesting NATO is obsolete, departing Syria, trying to get on with Putin, Trump is threatening the entire U.S. foreign policy establishment with what it fears most — irrelevance. https://straightlinelogic.com/2018/07/20/trump-stands-his-ground-on-putin-by-patrick-j-buchanan/
The Donald Goes Full Frontal—-Currency Wars Join His Attack On Trade
Well, Donald Trump has officially kicked off a currency war, it would seem. To be clear, trade wars and currency wars are to a certain extent just two sides of the same coin, but what was implicit is now explicit thanks to Trump’s CNBC interview and Friday morning https://heisenbergreport.com/2018/07/20/dangerous-excessive-aggressive-donald-trump-starts-global-currency-war/
Red Ponzi Update—Panic Point Is Near
Stocks, Commods and EM on overnight lows with the Yuan decline accelerating (CNH to the lowest level in a year) as signs of accelerated easing / outright stimulus confirm the Chinese economic slowdown and credit crunch reality….. The cumulative move in offshore deliverable CNY (USDCNH) over the past 30 sessions is 6.6%, a 5 standard-deviation […]
About Those Nefarious Russian Spearphishermen—-They Were Bipartisan All The Way
Russian meddling in the 2016 presidential election wasn’t as one-sided as Special Counsel Robert Mueller charges in his latest indictment. The Russian military spy agency that Mueller says hacked the Democratic National Committee also penetrated the computer systems of the Republican National Committee using fake emails in a phishing scheme, U.S. officials say. This evidence challenges the narrative, […]
Surprise! Rising Rates Are Slowing Housing Construction
U.S. new-home groundbreaking and permits fell in June to the slowest paces in nine months, as higher mortgage rates and elevated costs for labor and materials pinch the housing market, government figures showed Wednesday https://www.bloomberg.com/news/articles/2018-07-18/u-s-housing-starts-plunge-by-most-since-2016-to-nine-month-low