Our “Downsized” Future

By Lowell Ponte

Republicans cutting taxes would be “the end of the world…Armageddon,” said House Minority Leader Nancy Pelosi days ago. This could certainly be the end of her world, because Democratic Party power comes largely from taxing and redistributing to its voters the earnings of Republicans.

HO00005106Congressional leaders of both parties understand that their money and power have come at a terrible cost to America’s liberty, prosperity, and individual independence. To make itself big, government has made many of us small, like the people who decide to save money by being shrunk to 5 inches tall in Matt Damon’s insightful forthcoming movie “downsizing.”

We are headed for the end of America, as our nation’s Framers dreamed it, if our citizens cannot make their courage and self-reliance big enough to force our government to be small again – small enough to fit inside the Constitution.

Look what we have become. Instead of honest hard money, our dollar has been turned into “an elastic currency,” as the enabling legislation of the Federal Reserve called for. Now our government simply prints as much as it wishes to spend, leaving us to pay for this with the invisible tax of inflation.

Today our central bank, the Fed, aims deliberately to create 2 percent inflation per year – which would mean that your savings lose 20 percent of their purchasing power every 10 years, and 80 percent of their worth or more over a 40-year life on the job.

But according to a new measure by the New York Federal Reserve Bank, its “Underlying Inflation Gauge” (UIG), for the past year real inflation has been running close to 3 percent – devouring your earnings and savings purchasing power at a rate of 20 percent in less than 7 years, and shrinking your working life savings by at least 80 percent in less than 28 years.

How much will you need to retire one day? Even if you have saved a $1 Million nest egg, according to CNBC, this would provide you only enough to live less than 12 years in Hawaii, and barely 16 years in California or 17 years in states such as New York, Massachusetts, Connecticut, Maryland, or Oregon.

And these calculations were done assuming 2 percent inflation, not 3 percent. Your Social Security payments are supposed to have Cost-Of-Living Adjustments (COLAs) to protect you from your dollars losing value to inflation, but during 8 years of Barack Obama’s Administration COLAs were reduced essentially to zero, even as hamburger and gas prices doubled or worse.

Government, you see, has its own problems. The politicians have already looted $2.66 Trillion from the Social Security Trust Fund. Pension funds for government employees were underfunded by many trillions of dollars. Many millions of Ms. Pelosi’s voters have saved little or nothing, expecting (as her class warfare rhetoric called for) that others would be heavily taxed so they could continue to ride through life for free.

The price of everything (especially the voters Pelosi pays to buy her party’s power) keeps rising. To Progressives like Pelosi, you can always get by with less – but what government takes and spends is non-negotiable and can never be cut (except Constitutionally-authorized defense spending). You will be further “downsized” by taxes so that obese government and its cronies continue to grow larger and fatter.

No wonder that Millennials hope not for wages but wagers on get-rich-quick Bitcoin and lottery tickets. No wonder that some financial advisors now predict that the legalization of California marijuana businesses on January 1st will make investors rich – even as it makes Pelosi’s Golden State stoned and deluded.

How long until California imitates Hawaii, where those using medical marijuana have just been ordered to surrender any guns they own because they are no longer in their right minds? This is the way the free world ends – with a toke and a Bitcoin token as its new highest values. As comedian Steve Martin joked, “Let’s get small.”
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To schedule a fascinating interview with Lowell Ponte, a former Reader’s Digest Roving Editor, contact: Sandy Frazier at 516-735-5468 or email sandy@mystic-art.com .

For a free copy of Craig R. Smith and Lowell Ponte’s latest book, Money, Morality & The Machine, contact: David Bradshaw at 602-918-3296 or email him at ideaman@myideafactory.net .

Is the IRS Taking Control of Bitcoin?

By Lowell Ponte

The widespread fascination with Bitcoin, the digital cryptocurrency, has been in part from its pirate-like mystique as “money,” not created nor controlled by any government, that could be used anonymously to buy and sell privately, free from tax collectors’ prying eyes and greedy grasp.

1500_aHR0cHM6Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy82Zjk2YmY3MDVhMGUyZTliY2Y5YThmNmExMmFlYjRhYi5qcGc=On November 28, after more than a year of a legal case by the Internal Revenue Service, U.S. District Court Magistrate Judge Jacqueline Corley ordered Coinbase, the San Francisco-based largest Bitcoin dealer in America, to turn over to the IRS the names, addresses, and taxpayer identification numbers of at least 14,355 people who were some of its customers between 2013 and 2015.

The IRS originally had sought the identity of all Coinbase clients as potential tax evaders after it found that only 802 Americans nationwide in 2015 had declared either losing or gaining any money related to Bitcoin. From 2013 to 2015, according to Fortune Magazine, “the price of Bitcoin soared from $13 to over $1,100.”

Federal Judge Corley instead also ordered Coinbase to provide the IRS the identity of anyone who through them bought or sold $20,000 worth of Bitcoin.

The price of a single bitcoin in recent days skyrocketed beyond $11,000. This ruling, therefore, could become a legal precedent requiring dealers such as Coinbase to report anyone to the government tax authorities who buys or sells two wildly-fluctuating bitcoins or less. Will bitcoin owners soon have to kiss their aspirations of financial freedom and anonymity goodbye?

Money is whatever human beings accept as money. Right now many people value bitcoins as money, and this gives the computer-generated Bitcoin its value. This is also why the financial industry and the IRS want their fat pieces of the profit. And perhaps, as its sellers and advocates claim, Bitcoin is the future of money….but it may be a darker future than people expect.

Yes, Bitcoin is a delusion, says financial editor Derek Thompson of The Atlantic magazine, but so is the fiat paper dollar no longer backed by anything. The biggest thing making our conjured-out-of-thin-air dollars “real” is that the government accepts only dollars as payment for taxes, and the Saudis, until recently, accepted only dollars as payment for their oil in exchange for the U.S. militarily defending them.

The value we put on things varies. One Christmas shoppers pay premium prices for Cabbage Patch dolls that a year later stores can scarcely give away. In the early 1600s in the Netherlands, during a famed financial frenzy people paid the price of a house for a single tulip bulb…until the hypnotic spell was suddenly broken and tulip prices collapsed to nothing overnight.

Why do so many at the moment ride the Bitcoin roller coaster as it gains or loses thousands of dollars a week? Bitcoin is far too volatile to be a reliable store of value or medium of exchange on which we can plan a future.

But in a world where many Millennials see their future being little better than a dependable welfare check, perhaps throwing the dice to strike it rich, like wagering your future on a lottery ticket, seems strangely reasonable. Look at those folks who only a few years ago made a two-bit bet on bitcoins that cost 25 cents apiece and now can sell each bitcoin for $11,000. Trouble is, bitcoins no longer cost 25 cents.

Our government has long wanted to banish cash, because it gives citizens too much freedom and anonymity. As Craig R. Smith and I document in our book Money, Morality & The Machine, this is why your bank is now required to notify the IRS of any “unusual” financial activity with your accounts.

And this is why government is delighted to see people switching to Bitcoin, so long as it has surveillance, control, and taxation of what everybody has. Bitcoin can provide more control than old-fashioned paper money, because in this version of government’s preferred “cashless” society, your savings and spending can be turned off at the flip of a computer switch. You can be made completely dependent on government if and when the government takes control of Bitcoin, as it started to do a few days ago. Was this the master plan all along? Bitcoin-Cover-Front-1-Web-300

There’s a way to escape the trap of a debased dollar and of Bitcoin. For a more detailed look at both sides of Bitcoin, get a new free White Paper; Bitcoin: The Future of Money? by calling 800-289-2646.
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To schedule a fascinating interview with Lowell Ponte, a former Reader’s Digest Roving Editor, contact: Sandy Frazier at 516-735-5468 or email sandy@mystic-art.com .

For a free copy of Craig R. Smith and Lowell Ponte’s latest book, Money, Morality & The Machine, contact: David Bradshaw at 602-918-3296 or email him at ideaman@myideafactory.net .

Our Need For Breeding

by Lowell Ponte

“Freedom is never more than one generation away from extinction.”

– Ronald Reagan

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America now has the lowest fertility rate in its history. Each couple must on average give birth to at least 2.1 children just to maintain a nation’s population. In America today, fertility has plummeted to 1.8 children per couple, a decline that if continued will cause economic and demographic doom, as is happening in Europe and Japan.

The Millennials – Generation Y born from around 1984 to 2000 – are the reason, according to a 2017 study. “The fertility rate decline is driven entirely by Millennial [women] in their teens and twenties.”

Why? “Millennials came of age during the worst economic crisis since the Great Depression. Many saw their parents lose their jobs, their homes, and their dignity – and vowed they would not repeat those mistakes,” the study concluded.

“As a result, life-cycle milestones so prized by their Baby Boomer parents – the first driver’s license, marriage, children, home ownership – are postponed, or abandoned altogether, by Millennials.”

The resulting “baby bust” begets trouble for Boomers (born 1946-1964), Generation X (born approximately 1965-1983) and Millennials without a successful next generation to pay for their Social Security or give care in their old age. Boomers and Gen Xers are rushing to acquire their own hard assets that will protect them from the value-destroying deliberate inflation built into paper dollar savings – but what can Millennials do?

Millennials are the generation that continued to live at home with mom and dad. When unable or unwilling to find jobs, many ran up part of the $1.3 Trillion in student loan debt, maxed out their credit cards, and are now deep in debt. These Peter Pans in 2016 cast more votes for self-described socialist Sen. Bernie Sanders than for Donald Trump and Hillary Clinton combined. Forty percent told pollsters that “socialism,” although few could define it, was an idea they could support, and said that government should restrict offensive “free” speech.

Thomas Jefferson in 1789 told his protégé James Madison that each generation is its own nation, and that no generation should impose unpaid debt on another. Alas, the collectivist Progressive politics of many Millennials threatens to sink America with permanent debt and oppressive government.

The good news is that Generation Z – the Gen Xers’ children who began being born around 2001 – according to one study are “more conservative, more money-oriented, more entrepreneurial and pragmatic about money compared with Millennials” and are far more skeptical about marijuana legalization, alcohol and drug use, and other key socially-leftist issues. One study found that fully 10 percent more supported Trump than Hillary Clinton in 2016. This iGeneration is also more than twice as likely as Millennials, and more than any generation since 1946, to attend church.

What made the Millennials a weak and relatively barren generation? Scientists are unsure, blaming everything from stress and war, to environmental chemicals such as sulfur dioxide in the air to, of course, climate change.

In the past 40 years, male sperm count in the West’s richest nations has fallen by 60 percent and continues to fall by 1.6 percent per year. Increasing obesity, marijuana use, and perhaps prescription drug use can impair fertility.

But more than 30 percent of Millennial men and women tell researchers that they do not intend to marry or have children. Fully 25 percent have no religious affiliation. Those who are leftist tend to be alienated from their nation, from democracy, from human relationships, from success, and from a bright future.

Analysts have found that a socialist welfare state may make people physically weaker, less honest, and devoid of a higher meaning or purpose in their lives, as Craig R. Smith and I document in Money, Morality & The Machine. On the other hand, scientists are now finding that self-reliant conservative individualists have more faithful and fulfilling productive and reproductive lives. A happy and successful society begins, survives and thrives with Ms. and Mr. Right.

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To schedule a fascinating interview with Lowell Ponte, a former Reader’s Digest Roving Editor, contact: Sandy Frazier at 516-735-5468 or email sandy@mystic-art.com .

For a free copy of Craig R. Smith and Lowell Ponte’s latest book, Money, Morality & The Machine, contact: David Bradshaw at 602-918-3296 or email him at ideaman@myideafactory.net .

The Return of Morality in Politics?

by Lowell Ponte

It seemed as if an ice age of frozen partisan hate-filled politics might be the end of American democracy. But, thankfully, we may be seeing the first green shoots of a springtime renewal of personal as well as social morality in our politics.

At The Atlantic, Caitlin Flanagan writes that feminists who rushed to defend Bill Clinton in the 1990s were “on the wrong side of history.” A chorus of other Democrats and progressives agree that this immoral ex-president and others deserve to be condemned now.
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Is this genuine contrition or pragmatic politics? Democrats now recognize that they cannot credibly charge sexual misbehavior against Alabama Senate candidate Roy Moore while refusing to condemn their own such as Bill Clinton or current Democratic Senators Bob Menendez and Al Franken.

Democrats paid a high price for saving Bill Clinton in 1999 after he became the first elected president impeached in American history. Had Democrats in the U.S. Senate gone along with Clinton’s removal for sexual and legal improprieties, Vice President Al Gore would have become president and been able to run for two presidential terms with little of the baggage of his predecessor.

Instead, Gore ran in 2000 amid widespread disgust that Clinton had escaped justice, a disgust that millions still feel today for Bill and Hillary. Being Clinton’s submissive Number Two tainted Gore and almost certainly cost him that election.

In 2000, Gore did not lose the Electoral College vote 271-266 solely because Florida’s 25 electoral votes went to George W. Bush, as Democrat mythology claims. Gore also lost the 11 electoral votes of his own home state of Tennessee, where people who knew him best voted against him. He also lost the six electoral votes of the Clinton home state of Arkansas. These are Southern states where biblical morality remains strong. Without such integrity, societies and economies fall apart, as Craig R. Smith and I discuss in our book Money, Morality & The Machine.

If Gore had won either Arkansas or Tennessee, he would not have needed Florida to become president. He might have won the combined 17 electoral votes of both if the Clinton scandals were in the rear-view mirror of history and Gore were running as the incumbent president.

This is what Democrats threw away by putting politics and power over moral decency by defending President Clinton. Had they allowed Clinton’s removal, as many now agree he deserved, they would still have had Democratic President Al Gore. Instead, they bought the Senate votes needed to keep Clinton in office with gifts ranging from taxpayer cash to a free ride on the Space Shuttle. But in 2000, a Higher Power brought justice to Democratic wrongdoers.

The liberal assault on Roy Moore over sexual accusations suggests that we may see a lot more of such last-minute attacks against Republicans during 2018 and 2020 Democratic efforts to regain the House, Senate, and White House. Democrats and their media comrades will play the “sex card” to infuriate female voters, just as they routinely play the “race card” to motivate minority voters.

Are Democrats beginning to see the light about running moral candidates – if not campaigns? Or do they merely feel the heat of feminist Political Correctness and the need to regain political power by, as Machiavelli might say, appearing to be virtuous? Hypocrisy is the tribute that vice pays to virtue. In this Thanksgiving season, at least personal morality appears to be coming back into style, and for this we should be thankful.
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To schedule a fascinating interview with Lowell Ponte, a former Reader’s Digest Roving Editor, contact: Sandy Frazier at 516-735-5468 or email sandy@mystic-art.com .

For a free copy of Craig R. Smith and Lowell Ponte’s latest book, Money, Morality & The Machine, contact: David Bradshaw at 602-918-3296 or email him at ideaman@myideafactory.net .

Will Protestors Silence Our National Anthem?

By Lowell Ponte

Even facing a huge boycott by viewers on Veterans Day, the NFL league office refused to change its policy that allowed players to protest by not standing respectfully during the traditional playing of America’s national anthem.

Such players who take a knee, link arms, or otherwise show disrespect, generally fall into one of two categories. Some want to make an ideological protest against what they see as American society, from police behavior to the nation as a whole.

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Former 49ers quarterback Colin Kaepernick began such ideological protests against “systematic oppression” of minorities, then held a press conference in which he wore a Fidel Castro T-shirt. When questioned about this by Miami Herald sports writer and Cuban refugee Armando Salguero, Kaepernick replied by praising the communist island.

Other young players – average NFL salary $2.44 Million – apparently see the enormous media attention Kaepernick is given in the liberal media for his protests and want such national attention and fame for themselves. Fame and name recognition beget more and more money. They seem eager to step on the flag and anthem in an infantile “Look at Me” publicity stunt, perhaps because most are mediocre players like Kaepernick.

Major networks, seeing their ratings and profits plummet, have experimented with no longer airing the anthem. This might remove the ego gratification and attention some players crave. But for leftist ideologues, this is victory in an age when Antifa protestors chant “No Trump! No wall! No USA at all!” For radicals, tearing down statues of Thomas Jefferson and George Washington is only the start of writing the United States out of history and out of the hearts of Americans. By blocking the televising of the anthem, these America-haters believe they have won a huge victory. This must not stand.

The California NAACP now wants to banish our anthem, “The Star-Spangled Banner,” as racist because its rarely-sung third stanza refers to “the hireling and slave” (which could easily be deleted).

Author Francis Scott Key, as Craig R. Smith and I document in We Have Seen The Future and It Looks Like Baltimore, was also brother-in-law to Roger Taney, who would later as U.S. Chief Justice write the notorious Dred Scott Decision. Key’s grandson, journalist Frank Key Howard, would be imprisoned by Abraham Lincoln for criticizing him; Howard would be locked up in the same Fort McHenry about whose stand against the British the anthem was written.

“The Star-Spangled Banner” today could get you arrested if at an airport you began singing its lyrics about rockets’ red glare or bombs bursting in air. And it may be the only national anthem to begin and end with a question. It’s apparent that “…does that star-spangled banner yet wave, o’er the land of the free and the home of the brave?” must soon be answered “NO!” if leftist radicals triumph.

Are the four songs popularly thought of as America’s other “anthems” better? Jefferson might prefer “America the Beautiful” because it focuses on rural, agrarian America, with spacious skies, waves of grain, purple mountains and the fruited plain. Today’s leftists would hate it, however, because every stanza makes positive reference to God. Even worse for godless, multicultural, globalist leftists would be Irving Berlin’s “God Bless America,” which asks God to guide us “to the right with the light from above.” Amen.

“America” (My Country, Tis of Thee) served as our de facto anthem for a century prior to 1931, but it has the same tune as “God Save the King/Queen” of the British Empire from which we won independence. It, too, occasionally mentions God.

“This Land Is Your Land” would likely have enthusiastic support from leftists, to whom it means “Your Land Is My Land.” The song was written in 1940 by folk singer Woody Guthrie. The song is progressive, collectivist, and implicitly says that we own all land in common. If the American nation ceases to exist, at least in freedom, we will no longer need a national anthem.

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To schedule a fascinating interview with Lowell Ponte, a former Reader’s Digest Roving Editor, contact: Sandy Frazier at 516-735-5468 or email sandy@mystic-art.com .

For a free copy of Craig R. Smith and Lowell Ponte’s latest book, Money, Morality & The Machine, contact: David Bradshaw at 602-918-3296 or email him at ideaman@myideafactory.net .

Taxing America’s Future…And Yours

By Lowell Ponte

Investing for the future used to be like dieting. If you had the willpower to increase the amount you invested, or to reduce the calories you ate, then the forces of compound interest and weight loss were predictable. If we acted responsibly, we seemed able to control our future.

Today the world seems strangely different. America is in an obesity epidemic, with nearly 38 percent of adults now more than 20 percent overweight. It is almost as if we are putting on weight to help survive some approaching disaster we unconsciously sense coming. For the first time in living memory, the average lifespan of Americans has begun declining.

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As we get fatter, our savings grow thinner. Nearly a third of us have nothing saved for retirement, and half of Americans live paycheck to paycheck, without the cash reserves to handle even a relatively small emergency.

One of America’s most famous investment advisors and financial authors used to tell people which stocks and bonds were best. Now he tells people to sink their life savings into two things: one is the new cryptocurrencies such as Bitcoin – a wildly volatile risk that is more like high-stakes gambling than prudent investing.

The other investment he recommends is marijuana businesses, which may be legal under some state laws, but remain illegal under federal drug laws. States such as California are now planning marijuana taxes of 45 percent on marijuana products, which will make “legal” marijuana more expensive for consumers than black market opiates.

This investment expert’s advice makes a perverse kind of sense. Habitual marijuana use will make people hungrier, fatter, and dim-witted enough to bet their future on Bitcoin. He will get rich both ways. But our lifespan, attention span, productivity, and drugged brain power will shrink, as China’s did when millions were seduced into smoking India-grown British opium.

Up to 38 percent of adult Americans – 92 million – are already prescribed opioids, while more than half of fatal drug overdoses (64,000 in 2016, more than total U.S. deaths in the entire Vietnam War) involve black market opioids imported mostly from China. Perhaps 20 percent of working-age American men who are out of the labor force are opioid users.

The American Dream is also undermined by government policies. “The sweeping tax overhaul House Republicans introduced [November 2] would eliminate or scale back some of the biggest incentives for home-buying in federal law,” wrote Russell Berman in The Atlantic. This would, he said, cut in half the limit on deducting mortgage interest, cap property tax deductibility, repeal the tax deduction for moving expenses, and force more people to pay taxes on profits made from selling a home.

The low-earning Millennial Generation has already postponed buying their first home, which has postponed marriages and couples starting a family, which has in turn helped spawn the lowest fertility rate in American history.

Higher taxes, in other words, have unintended consequences. In this case, raising taxes on home ownership could mean far fewer children in this generation – and far fewer future workers to pay for Social Security and Medicare that are already speeding toward bankruptcy. They also push America away from the anchored communities of homeowners and toward the transient communities of renters who have far less of a stake in their neighborhoods.

Baby Boomers grew up thinking that what you invested in a home was a reliable haven of ever-increasing savings for the future. Government coerced the banks into giving mortgages to millions of uncreditworthy home buyers. This created an insane bubble in home prices and, in 2008-2009, a bust in prices that cost the average family 39 percent of their total net worth and left tens of millions underwater in debt. Monetary expert Craig R. Smith and I first analyzed this in Crashing the Dollar.

Some see the stock market in a similar bubble today, near bursting, with millions of investors at risk in the stock casino. They were driven to gamble because their homes and bank savings accounts are no longer reliable investments, and the dollars they save are being deliberately debased by government money-printing and inflation.

Those now urgently seeking security likely will never find it in the fearful sleep of owning Bitcoin or in the pipedreams of Acapulco Gold marijuana. You would probably be far safer investing in the reality of old-fashioned coins and putting a portion of your portfolio into what has been hard, reliable money for the past 6,000 years – gold – that governments cannot debase and that never disappears in a puff of smoke.

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To schedule a fascinating interview with Lowell Ponte, a veteran think tank futurist and co-author of seven economics books, contact: Sandy Frazier at 516-735-5468 or email sandy@mystic-art.com .

For a free copy of Craig R. Smith and Lowell Ponte’s latest book, Money, Morality & The Machine, contact: David Bradshaw at 602-918-3296 or email him at ideaman@myideafactory.net .

China is Winning the “Opium War” behind America’s “New Stoned Age”

By Lowell Ponte

President Donald Trump this week begins an Asia trip to Japan, South Korea, China, Vietnam and the Philippines, a major topic of which will be the risk of war with North Korea. But will he also acknowledge that the U.S. is already in a deadly undeclared war with Communist China?

Days ago, Mr. Trump declared a “public health emergency” over the worst drug epidemic in American history. In 2015, 92 million Americans – 38 percent of the U.S. population – were prescribed opioids.

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Almost half of working-age American men who are out of the labor force use painkillers daily, and opioid use could explain 20% of men’s workforce attrition, according to Princeton economics Professor Alan Krueger.

In 2016, a tsunami of prescription and illegal opiates caused at least 64,000 drug overdoses – killing more Americans than died during the entire Vietnam War…and more every three weeks than died in the 9-11 terrorist attacks. Many have been casualties of China’s new “Opium War.”

The journal Science reports that “the United States consumes 85% of all the world’s natural and synthetic opiates,” and that many health professionals blame opiates for America’s declining life expectancy.

While prescription opioids such as OxyContin have hooked many on opioid dependency, and have killed many who crush or otherwise try to accelerate this legal drug’s 12-hour time release, something even more frightening is now happening. As users craving heavier doses turn to the criminal black market, illicit Chinese dealers have been supplying Fentanyl and its precursor exports to the United States, Canada and Mexico.

Fentanyl, which users often mix with heroin or Vicodin or Percocet, is a synthetic opiate roughly 100 times more potent than morphine, reports Science. One victim killed by fentanyl overdose was the musician Prince. A 2017 federal report found fentanyl in 56 percent of opioid deaths in 10 states. Two milligrams – equivalent to a few grains of salt – of the drug can be lethal by depressing breathing.

“Underground labs in China,” writes Science, “are devising potent new opiates faster than authorities can respond.” One such opioid from China is carfentanil, 100 times stronger than fentanyl and about 10,000 times more potent than morphine. One website makes it available by mail, reports Science, “for $361 for 50 grams: tens of thousands of lethal doses.” Someone might suffer a fatal dose of carfentanil merely by touching it.

For China, which officially outlaws such drugs and would execute dope pushers selling them to its citizens, opioid exports are a win-win-win situation. They make money for China, weaken the U.S. by drugging our people and damaging our economy, and provide revenge for the Opium Wars of the 19th Century.

China’s ruler Xi Jinping earlier this year invoked the “century of humiliation” caused by Great Britain forcing sales of its India-grown opium onto China. Xi is promoting a “make China great again” nationalist agenda that blames China’s past failings on opium and English-speaking imperialism. This nationalism is calculated to redeem Communists for their 1989 massacre of students in Tiananman Square, near which in 1860 British and French troops established bases during the second Opium War.

The United States also brought opium that ruined many Chinese lives. Ships from Baltimore, as Craig R. Smith and I documented in We Have Seen The Future And It Looks Like Baltimore, played a role in selling Turkish opium to China. Baltimore today is one of America’s heroin capitals, torn by rioting over the death of a heroin dealer. And China apparently finds it appropriate to wage this kind of chemical warfare against our children in a new “Opium War.” (China likewise helps cause America’s debilitating “New Stoned Age” by promoting marijuana use.)

The anti-Trump media has used the opioid crisis to attack the President, a teetotaler who saw his own brother Fred destroyed by alcoholism. Both the Washington Post and CBS “60 Minutes” did recent stories accusing Republicans and Trump’s now-resigned nominee for Drug Czar of passing legislation that eased some legal restrictions on OxyContin and other narcotics manufacturers. These stories, noted the New York Times, both downplayed that Democrats “supported without dissent the same industry-friendly legislation that….was then signed into law by [President Barack] Obama.” These anti-Trump stories were also designed to put blame for the opioid epidemic on private business, not on government failures or Communist China.

Karl Marx called religion “the opiate of the masses.” For Xi Jinping’s Communist China connection, the weaponized opiates now being targeted on America’s masses are opioids. Today’s new Opium War could do more to destroy us than North Korea’s arsenal of chemical, biological, and nuclear weapons.

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To schedule a fascinating interview with Lowell Ponte, a veteran think tank futurist and co-author of seven economics books, contact: Sandy Frazier at 516-735-5468 or email sandy@mystic-art.com .

For a free copy of Craig R. Smith and Lowell Ponte’s latest book, Money, Morality & The Machine, contact: David Bradshaw at 602-918-3296 or email him at ideaman@myideafactory.net .