You are here
Brian Maher: America's 'quiet coup'
By Brian Maher
Daily Reckoning, Baltimore
Friday, October 4, 2024
Is the United States enduring a "quiet coup"?
Economist Peter St. Onge: "In the wake of the 2008 financial crisis, former chief economist of the International Monetary Fund, Simon Johnson, warned that the same dysfunctional policies he saw in his basket-case banana republics had taken hold in the United States.
... Dispatch continues below ...
... ADVERTISEMENT ...
Power Nickel Announces Assay Results from its Polymetallic Lion Zone Discovery
Company Announcement
Tuesday, October 1, 2024
TORONTO -- Power Nickel Inc. (TSXV: PNPN, OTCBB: PNPNF) announces the assay results obtained for the first five holes of the summer 2024 drilling campaign at its polymetallic Lion Zone discovery.
"We announced that our summer exploration program had expanded the Lion Zone by 50% and today we provide the first assays from the program," CEO Terry Lynch said. "The results were obtained from targets we now realize were outside the main Lion Zone in what we refer to as the Halo area. Holes 63, 66, and 67 still delivered great value to the project. Five meters of 5.93% copper equivalent are excellent in Hole 63 and 66-67 both showed a very sizeable section of 12 meters of 2.97% and 2.36% copper equivalent respectively.
"After this set of holes we retargeted the drills at a lower pitch further west and once again found the main Lion Zone. Assays on these holes are pending." ...
... For the remainder of the announcement:
"Johnson warned that if America didn't act fast, we would plunge into a 'quiet coup' as the American financial system effectively captures the government, bailing itself out until we run out of money."
The United States did not "act fast." It did not act whatsoever. The result?
The subversives of the American financial system have seized the commanding heights.
Much of the financial and governmental apparatus is in their grasping hands.
As Mr. St. Onge reminds us: Between 1973 and 1985, the United States' financial sector never exceeded 16% of the domestic corporate product.
Yet by the early 2000s? The United States' financial sector was spitting out 41% of the domestic corporate product.
Meantime, the U.S. financial industry represented some 10% of the gross domestic product in 1970.
By 2010 the financial system ballooned to 20% of the gross domestic product ... inflated and levitated by the Federal Reserve's false helium. ...
... For the remainder of the commentary:
https://dailyreckoning.com/americas-quiet-coup/
* * *
Join GATA here:
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday-Saturday, November 20-23, 2024
https://neworleansconference.com/powellgata/
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
