Category: Honor

Why Gas Prices Are So High: It has nothing to do with Putin

I will explain it in great detail in the days to come, the whole situation with Ukraine and Russia. But it remains the Desecrators of Davos who are the real villains in the world, and they use these color revolutions around the world to inspire chaos while hiding in the shadows. But they are responsible for the high gas prices in the United States. Not Putin. The Desecrators of Davos are attacking Putin in the same way they have been attacking traditional America. The attack vector is the same. Oh, sure, Wall Street has been defensive this past week, especially in the wake of the attacks on Ukraine, which I have said from the beginning and continue to say, is just a WWE event. It’s just the latest scam to replace Covid on the world stage and hide the bad intent that global attackers intend for us all. Larry Fink has had his feelers out working the press to try to take away some of the anger that is forming over his ESG score invasion through BlackRock. When these World Economic Forum people came up with these plans to crush the world’s economies so they could profit off the uptick and gain power to run it from the United Nations, they didn’t think about all the anger they would generate. They were doing it. People are mad. They are angry at Wall Street. They are furious at the Federal Reserve for a good reason. Inflation is over 7% presently and is spiraling out of control quickly. Why? Because the Fed purposely created an asset bubble worth more than 8.5 trillion dollars on the Fed’s balance sheet, the only way to deal with it would have been to raise interest rates over the last few years. Instead, they have added 3 trillion to it and continue to add 120 billion per month to help it grow. But it was on purpose, and the people who did it have a lot of bad coming their way. And they are feeling the heat.

But this plan isn’t new. Klaus Schwab said it himself, by 2030, nobody will have private property; we will own nothing and like it. Well, how was that going to happen? People will lose their property, and they are going to like it? By whom, and under what conditions? Well, we are seeing the plan play out with Ukraine. We just had two years of Covid, and from one day to the next, we had an attack by Russia into Ukraine. Provoked by what, well, Kamala Harris went to Europe and urged Ukraine to join NATO, which is a big no, no for Vladimir Putin, and poof, it triggered him into an attack. The Biden administration knew it was throwing gas on a fire, but they needed the distraction if Covid was going away. They needed something to take people’s minds away from what they were doing, which was why they were installed into the presidency, to begin with. The American people didn’t vote for Joe Biden. It was the climate crazies at the World Economic Forum who did. They planned for Hillary to fulfill their plan, and when Donald Trump came along, it threatened to ruin everything. So, they got rid of Trump with massive election fraud, for which there is abundant evidence everywhere. There will be a decertification process because Joe Biden was not elected legally. But the Desecrators of Davos don’t care about American law. They hope to outrun the inevitable. By the time the legal system can install justice, they hope to crush America financially, switch the dollar’s value over to China for a stable currency, and seize all our property and force us to rent everything we experience through them. 

The writing was on the wall long ago. My daughter and I used to argue the merits of the new video game age where all new games are downloaded.   Video game makers wanted to get away from physical copies of games so that everything would be online. And even when you did buy a game, you had to maintain subscriptions to access it. And they would constantly charge you for updates. The video game manufacturers were ahead on the Davos plan for over a decade. Apple Music does much the same thing. They got rid of their iPod music player and now charge a monthly fee to access music. No longer can you buy your favorite music and download it on your player device for personal consumption. Now you must rent the music from them. The minute you don’t pay them money, you lose access to that music. Those were all testbeds to work out the system and condition us for the inevitable. It’s not that Electronic Arts is sitting on the board of some Illuminati meeting planning these things. But they are pushed in those directions by people like Larry Fink, who controls their boards of directors with ESG scores intent on fulfilling progressive political strategies through finance. Once you take money from them, they own you. Or, once they buy up a sizable amount of stock of your company with inflated asset bubbles the Fed created for Fink and the gang, then you lose control of your internal company strategies. Consumers will rent; they won’t own. 

And that is why gas prices are high. These Desecrators of Davos, whom Joe Biden works for, their pick for the White House, and they put him there with election fraud; they intend to eliminate all fossil fuels. Russia still uses a lot of fossil fuels as the basis for their economy, so they provoked him into a fight to gain control of Russia and fossil fuels. And while we were looking at that and blaming Putin for the high gas prices, we would be strangled in America. Our entire economy runs off oil, even planting a field for farming. So, as the Desecrators of Davos fully intend, the way to destroy America is to cut us off from fossil fuels entirely. That is the goal. And once all our wealth is redistributed to the Desecrators of Davos, that value will be transmitted to shadow banks in China, created by BlackRock. The groundwork is already established for this. They don’t intend to lose any money, but the math is easy to figure out with only 300 million Americans and over 1.4 billion Chinese. The Desecrators of Davos will create a new middle-class there and bankrupt the United States with all of us in it. And from there, they intend to rebuild us all back up with credit scores, universal wages, and a rent process that we’ll have for the rest of our lives.

We’ll pay them for everything and will never own anything. But don’t take my word for it. Klaus Schwab said it, and his buddy Larry Fink who is executing it in America along with John Kerry, Al Gore, Bill Gates, and Michael Bloomberg. There are, of course, a lot more, but that’s what we are dealing with. Now it’s up to us if we fall for it. Their plans are not solidified. But we should understand what their intentions are and fight back accordingly. And let them feel the heat because what they are doing, and plan to do, is reprehensible and is a theft of everything we stand for. And we should feel okay about fighting them over it.

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business

The Desecrators of Davos: Vivek Ramaswamy has a plan, and we should listen

One thing that Americans underestimate is just how much people worldwide hate them. They hate them for their concept of “individualism,” which contradicts everything they have been taught, from infants to an elderly state. The idea of individualism is specifically an American idea born under the umbrella of freedom. Most people worldwide do not have that luxury, so they resort to what they know and understand, their placement in the pecking order of existence based on the authority figure of their culture. Americans have a constitution that empowers the individual against government controls, and almost every home from sea to shining sea has a firearm or several in it. We really don’t need a standing army because every home is its own military. So, we tend to have a live and let live policy when it comes to the world. Yet, that world plots and schemes endlessly to take us down by whatever means possible, and they spend time thinking about these things 24 hours a day, seven days a week, forever. They never sleep or stop thinking about it. This is undoubtedly true of Vladimir Putin of Russia. It is very much true when it comes to Xi Jinping of China. Pick your authoritarian ruler anywhere in the world; they are thinking about bringing down America. 

Yet, no group of dictators is more of a threat than what I call the Desecrators of Davos, the members of the World Economic Forum who have hidden quietly in Switzerland and other European countries and intend to rule the world from beyond the rules of governments. They are much more dangerous than Putin or Xi. They control the money and policies to which those authority figures react to. And they have their eyes on America and have for a long time. They have plotted and schemed behind the scenes, ignoring our laws destroying our financial system all within the context of a smile on their faces looking like a bunch of progressive radicals who love socialism and communism across the ocean. But in reality, they have embedded themselves into our political system through finance and are now deploying their long-established plans. When I said that Ukraine and Russia were not the threat we should be paying attention to, I mean that the Desecrators of Davos are much more dangerous. Much more dangerous, and the plot they have revealed to the world, in their own words over the last few years, is much more sinister than anything they are showing us on the nightly news.

In many cases, the corporate networks are in on it because the Desecrators of Davos own their flow of finance. So the employees of those networks will do anything they say, whether they believe it or not. And it is there that we must turn our gaze to defend America from its enemies. 

In many ways, the political left in America is a creation of many years of ruthless dictators shaping policy through a complicated spy network during most of the 20th century. They created a European desire to spread Marxism to every corner of the world. They show themselves in America through the Democrat Party and the RINOs from the Republican side who aren’t very deep thinking and have a higher value in getting along than in standing up for the idea of America, at all costs from enemies both foreign and domestic. I have been thinking about this problem for a long time. Looking behind the curtain at what they don’t want you to look at, and there it is clear what they have been up to. I don’t dislike Wall Street in any way. I don’t think we should end the Fed. But through the actions of the World Economic Forum, penetrations of the political left into all aspects of culture and using the stolen money of the Federal Reserve created through bad policy of quantitative easing, which was then given to people like Larry Fink at BlackRock to buy up American companies with stock buys created by the asset bubble that the Fed created out of thin air, now we can all see the method of attack into America. 

I was headed in this direction before Vivek Ramaswamy wrote his now-famous book on the matter Woke, Inc., and the excellent work he has done at CPAC 2022 puts it all on the table. I have run into Vivek several times over the last year and listened to his pitch in person at the Republican Headquarters in Middletown, Ohio, in May of 2021, and I found his argument compelling. Then he gave a great interview to The Epoch Times at CPAC, and compared to the work I had been doing; it was quite clear that the Desecrators of Davos is the threat we all need to look at to protect America from its latest barrage of enemies. Ramaswamy has a plan, and we need to get behind it and not get distracted by the other events of the world. Specifically, Ukraine. Remember, Kamala Harris went to Europe two days before Russia invaded Ukraine and pushed to make Ukraine a member of NATO, which everyone in intelligence knows is the biggest hot button issue of concern for Vladimir Putin. It’s like knowing that throwing gas on fire will have an explosive effect. The Biden administration, working directly with the members of The World Economic Forum, provoked war between Russia and Ukraine to divert the world’s attention from their genuine desire, controlling all fossil fuels to satisfy their insanely ridiculous plot to make climate change the primary issue in global politics, which they would then control through finance into the world’s biggest companies. 

I understood what Vivek was saying as an insider from Wall Street who had done very well for himself. But he was at a point, much like Donald Trump, where he wanted to give back and do something good. But in practice, we all saw just how manipulative the Desecrators of Davos were when we saw the compliance approach from government mandate to individual companies all over America, with the vaccine mandates. They were eventually found to be unconstitutional, but in September of 2021, nobody really knew how to react, and companies went straight into compliance mode without questioning the politics. It was dangerous, but it did reveal the plot to destroy America coming from the Desecrators of Davos rather than from China or Russia. Who was telling the Biden administration what to do with the vaccines? Was it just pharmaceutical companies looking for a stable government check? Or was it something else? Well, all roads point to the doorstep of the Desecrators of Davos. They are desecrators because they have been funding the destruction of America from the inside out, using our own money and wealth to perform the task. And they think it’s funny. They are cheerful about it, which was evident while watching Davos’s last year’s coverage. As I read Klaus Schwab’s books, listened to him speak, and observed Larry Fink’s behavior of BlackRock, who sits on the board at The World Economic Forum, the threat to America was quite clear. And as I listened carefully, and personally one on one with an insider like Vivek Ramaswamy, it has all become evident. But more than anything was the understanding of what the Fed has been doing to help, as revealed in the excellent book The Lords of Easy Money. A Fed populated with bank presidents who have been suckered into the climate change religion, would they support the strategy of Klaus Schwab and the gang in Davos? You bet they would, and they have.

By the way, Vivek Ramaswamy has a new book coming out this year, (2022) and I think it will be a great one! I’ll be the first one to get it!

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business

Cash Out Your 401K Plans While You Still Can: The scam of Stakeholder Capitalism

I think it’s the biggest scam in the history of the world, even a bigger scam than Covid was, which was a virus made in a Wuhan lab and released by China. Stakeholder Capitalism has been buzzing around for a few years now, and it’s a creation from the Desecrators of Davos, the World Economic Forum guys. We haven’t cared much about it because it was always kind of a foreign thing from “over there” in dirty old aristocratic Europe. But after the election take-over of 2020, where many conspired to get President Trump out of office, the imposition of Stakeholder Capitalism is very much a part of the Biden agenda. It’s a progressive trick meant to do a lot of things. Not only is it just a new way to change the name of Marxism in our culture to something that people might be more willing to accept because it has the looted word “capitalism” in it, but it has a much more sinister intention. One that will impact each and every one of us with a 401K plan. I’ve been watching this bubble building for a long time, and what I’m about to say will be painful. But at the very least, I would recommend you pull your money out of all 401K plans currently managed by Vanguard, BlackRock, Blackstone, or State Street, because they are all arms of the Desecrators of Davos Klaus Schwab gang. After their meeting this year, they are planning to go full-court press with this Stakeholder Capitalism concept and to replace the way we measure money around the world with this scam they have come up with to hide their vast crimes against humanity.  

If you are a CEO, one of the scariest parts of your job is to stand before shareholders and explain what you have done to increase a company’s profits and raise its stock portfolio. Of course, socialists and communists around the world hate this method; they hate the idea of measurements of value. That’s why they are trying to prepare us to have a no-value culture where we don’t judge anything. They see applying value as bad because their desire in life is to be lowlife slugs hiding always in the shadows. And they don’t want to be judged as lowlifes, but as equal to everyone else. So they have consistently attacked the basic premise of Adam Smith capitalism, which built the United States’ great economy. From the time they came to America from Europe, they have been trying to get us to accept their European socialism from Marx as a new way of measuring economic activity. This Stakeholder Capitalism idea is just the latest means of doing that. It proposes that we replace measuring value with what it is now as a monetary measure to replace it with social value. An ESG system, where value is placed on environmental concerns, social responsibility as defined by political progressives, and how an organization and individuals govern everything based on those ideas. This is how so many CEOs have become trapped into accepting woke thoughts into their companies. Many companies are in a kind of shareholder bubble where their stock price is inflated based on growth, which has become stagnant. This is especially true after Covid, where the social order of everything has been disrupted. CEOs have been quick to adopt woke politics even if they disagree with them politically because ESG scores get them off the hook if society starts changing what they consider value to be. If they no longer have to worry about profits and instead can worry about putting purple-haired losers on their board of directors, then maybe they can survive as a CEO. 

But it’s actually worse than all that, and Klaus Schwab, Larry Fink, and many others know what they have done. Just ask Jerome Powell at the Fed about the pinch he’s in, where there is over $8.5 trillion on the Fed’s balance sheet, made that way by quantitative easing. A Federal Reserve that Janet Yellen and Ben Bernanke essentially applied Keynesian economics to since the crash of 2008 and allowed Fink and others to buy up fake assets created by the Fed policy of printing endless amounts of money, then selling those assets to all of us, so they could use that power to buy up stock in most major companies, to impose ESG scores on them to make this whole stakeholder capitalism idea stick before its too late. And by too late, that’s where that +30,000 the stock market is currently at busts because it’s all based on inflated value directly from the Federal Reserve and exploited by the Desecrators of Davos, for which Larry Fink sits on the Board of Trustees, since 2019. The game is to change the way we measure value in the world before people find out about it so that when that bubble does burst, shareholders won’t be upset because they’ll be stakeholders by that time. Their value will be changed to this new way of looking at the world. 

This is precisely why I wrote my book, The Gunfighter’s Guide to Business. I saw this trend negatively through the Lean Manufacturing movement, where everything was about nature as the East considers it. “Be like nature, and you’ll have more efficient manufacturing plants.” I have had major CEOs ask me about this stuff as they are perplexed about what to do about it. “Are we trying to make money, or are we supposed to be at one with nature. Nature doesn’t care about money.” That’s why I wrote my book, to help people like that understand what’s going on and how these Desecrators of Davos types are just the latest snake oil salesmen. They have looted our cash, spent it into oblivion with Keynesian economic theories, now they have these liberal Modern Monetary Theory ideas of endless money supply that has no value in itself attached to some gold standard. Because society’s values won’t be possessive, they’ll be social, how accepting we are of gay rights or cultural diversity. Or how many solar panels we have on the roof of our factories. And they need us to accept this snake oil before we figure out that we’ve been ripped off, that our 401K plans are actually worthless. The entire reason the stock market jumped in value so much over the last five years or so was not because of Trump. I want to say it was, but obviously, more is going on. It was all inflated money allowing money managers to buy up so much corporate stock, to get control of fossil fuel companies, entertainment companies, everything. And to get that control, the goal was to change how all companies measure value. To replace classic capitalism and to replace it with this Marxist idea of stakeholder capitalism.  In the end, it will fail, but everyone needs to understand what the problem is. The Desecrators of Davos want a one-world currency that they control. They want a one-world government which they will manage. They want to control all human behavior with ESG scores, and they have been planning it for decades. However, as I say in my book, the value of something is determined by the people playing the games of life. I like to use poker metaphors.   A poker chip is just a piece of plastic if you carry it around in your pocket. But while playing the poker game, it represents actual money and decides who wins and loses the game. Ultimately, that will always be the case; this stakeholder capitalism concept is from lazy Marxist types who don’t want to compete in the world and wish things were different for them. So they would rather destroy the game rather than play it. But fortunately for all of us,

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business

The Desecrators: Defining the evil we are all fighting to save America

Matt Schlapp and Deal W. Hudson’s excellent new book called The Desecrators ends with a prayer relevant to our present circumstances. It goes like this, “St. Michael the Archangel, defend us in battle, be our protection against the wickedness and snares of the devil. May God rebuke him, we humbly pray; and do thou, O Prince of the Heavenly host, by the power of God, cast into hell Satan and all the evil spirits who prowl about the world seeking the ruin of souls. Amen.” You might know Matt Schlapp and his wife Mercedes from Fox News and the hosts of CPAC. Good people.   They released this new beauty of a book just ahead of the 2022 CPAC in Orlando, and I noticed people asking me if I was going to have a booth there to promote my own book, The Gunfighter’s Guide to Business. I thought about it, but my life is far too complicated for weekend conventions. I usually have a few hours for things like that, but I am not a sit in a booth and concentrate on one primary topic kind of guy. I am most happy when dealing with massive, big picture stuff where all these subjects are brought in under one large tent of thinking. I read an enormous amount of material. My time is most enjoyably spent reading 3 or 4 books a week to consume the amount of information necessary to consider what has been going on in the world, to us, and to our republic. But reading The Desecrators, I thought it was something extraordinary and even defined as a way to talk about the kind of evil we are dealing with and stepping into the chapter beyond the Book of Revelations into a new day we all deserve. Matt Schlapp and Deal Hudson had put their finger on something, and it was special.  

Matt Schlapp and his wife Mercedes are old political insiders, so it was fascinating to hear them talk about their journey from the Bush White House into becoming Trump supporters and the pain they experienced from their long-time friends along the way who rebuked them because of it. This book, The Desecrators, was very much them coming to terms with the post-election results of 2020, which we all know now was filled with so much trouble. We should have considered the certification process that put Joe Biden in office much more carefully with all the checks and balances that were more than ceremonial. Those checks were there for a reason, and the Joe Biden administration is a painful reminder of the fact that elections have consequences. Stolen elections have catastrophic consequences—to say the least. I remember how my wife and I felt; we packed up our RV and headed out into the deserts of New Mexico. I wrote a book in response to it for many of the same reasons. It was interesting to hear that Matt and Mercedes had similar thoughts and that this book The Desecrators was the result. What makes their book so valuable, I think, is that they are long-time political insiders, about as much of insiders as you can get these days. With all their history in politics and obviously with the help of their friend, Deal, they put their finger on the evil that is after all of us blessed to be born in the USA. The people against us, to name the enemy for clarity, are these Desecrators, people who want to do anything to taint and ruin the founding of America from its inception like some abortion of thought that played out on the world stage. 

It can be overwhelming; we have the drug cartels from the south coming out of Mexico looking to poison all of us, literally. At the World Economic Forum, the Party of Davos is trying to crush our economy using banks as the new tanks and troops to overthrow our country.   We have China which wants communism around the world. We have Russia who wants to restore the old Soviet Empire for many of the same reasons. We have many factions of socialists and outright communists worldwide who want to topple the king of capitalism.   In America, they are represented by the Democrat Party. We have our education system deliberately dumbing down generations of our people. We have countless bands of terrorists worldwide who want to incite fear into our thriving culture. We have vile despots from every corner of the world wanting openly to inflict evil upon us. Up to this point, we have been gracious and accommodating of them all, hoping that they would see the light and follow America into prosperity by being understanding. But to be honest, the opposite has happened. These many groups coming from all directions want only to desecrate our country any way possible and ruin our souls in their very birthplace, and to be done with us forever. Their evil intentions are maniacally sinister in every way, demanding our action. 

I arrived at that conclusion in the deserts of Texas and New Mexico and many other places in the far-flung areas of The United States. In Jackson, Wyoming, I decided to buy that white cowboy hat that I wear everywhere now. For me, it’s the white hat of justice, a beacon to the world that is full of black-hatted bandits and thugs of every kind intent to bring our nation to ruin. I decided after the election of 2020 that I wasn’t going to let that happen. I wasn’t sure how, but upon reading Matt’s book, I saw clearly that I wasn’t alone in those thoughts. They have the same idea, Matt, Mercedes, and Deal, as I do. Even President Trump gets it; he endorsed the book, which is shown on the front cover. Our fight isn’t about policy or even restoring an excellent economy to our country. It is the sheer fight of good against evil, and it’s on a Biblical scale, and nothing short of that. We often talk about fighting for freedom and justice. But I don’t think many people really understand what that means. They feel something about it but have a hard time defining it. They have a hard time defining such a voluminous enemy. Well, they have done that in this book, The Desecrators. What a perfect title. And in this case, you can judge a book by its cover. The statue of George Washington draped in red paint, defiled by the enemies of America.

The enemies of all of us. A cauldron of personalities clearly intent on our destruction and the ruin of all our souls. It’s time we start dealing with these enemies in the way they deserve. We must take a stand for good, justice, and the American way. And it’s time to stop apologizing to these Desecrators for all the reasons they hate us. It’s not our task to explain away that hate or to apologize to them because they feel it. It’s our job to stand for good and to fight evil as it appears and to give America the respect it deserves. And much of that can be easily understood with Matt Schlapp’s new book, which I couldn’t recommend more. 

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business

Populism is the Weakness of Davos: The Fed has sold us all out, and now we have to rethink how much power they should have

As scary as it is, we’ve been here before in America. We can survive this, even as we learn of the sinister forces that have embedded themselves into our government and are presently threatening the world and everyone in it. I will admit reading Christopher Leonard’s Lords of Easy Money opened my eyes to a terrible menace at the Federal Reserve. I am thankful that there are people like Thomas Hoenig out there who was the star of that book and were soft “Rs” on the FOMC (Federal Open Market Committee) as the bank president of Kansas, who was during a reckless period of quantitative easing was the only dissenting vote on the 12 person committee. If all twelve members of the FOMC were like him, I would say that the Federal Reserve would do what it was supposed to do, which is manage the value of the American dollar in a proper way with the world. But, when members of that FOMC are extreme liberals or overly educated in Keynesian economics like Ben Bernanke and Janet Yellen, then the propensity for trouble and eventual scandal is all too tempting and justifies everything that President Andrew Jackson feared about central banking in America. And for that matter, this argument goes back to a significant dispute between Alexander Hamilton and Thomas Jefferson. Hamilton wanted a strong central government, whereas Jefferson was the king of the Anti-Federalist position against them. Time has only proven Jefferson and Jackson correct about them. And today, we find ourselves in precisely the reason why they were so dangerous. Our current Fed has created an exacerbated “monied aristocracy” that has sold out our country to globalism and is a significant problem. If not for Hoenig’s dissenting votes, we might not know how bad it is. If not for those decisions, for finance reporters like Christopher Leonard, a liberal, he may not have been drawn to this story, which probably nobody thought would ever see the light of day. But because he did, we know that the Fed has created a massive asset bubble that has opened the door to major foreign influence and set us up in a vulnerable way to the Party of Davos, where Larry Fink directly has been the bridge that has connected them all, the Party of Davos, the Fed, China, and progressive woke politics pressed directly into all our lives in a very destructive way. 

Knowing all that, of course, people are worried. They think it’s all too late, that we’ve all been sold out, and that it’s over for America. But fortunately, this is an old argument in America, and we know how it can end because President Jackson showed us how to go about this. The amount of dollars involved is much more significant today than it was in 1828, but the concept is the same. Should there be a central bank running the money of America? Can it run correctly? And what are the dangers of a Federal Reserve getting out of control to where they no longer represent ordinary people but fall under the supervision of a foreign entity like the Party of Davos, where Larry Fink sits on the Board of Trustees at the World Economic Forum. When people talk about the “elite,” they are talking about these types of people, people who control the money supply and its value. Most people glaze over when talking about money. They just want to know that the money they earn can buy them a tank of gas or lunch. They don’t like the meetings in Jackson Hole, where the FOMC meets yearly and geeks out over finance talk. I personally find it all fascinating. I follow the meetings in Jackson Hole, which is where I bought my new Stetson cowboy hat, the white one I have been wearing everywhere these days. I like Jackson Hole, Wyoming, because many important things happen there, and it’s a very nice town. I don’t have a problem with the Fed as long as all the members of the FOMC are like Thomas Hoenig. Actually, I’d want them to be more conservative than him. I think we need a way to manage our money. But we must always watch the kind of people who are in charge of our money. I don’t expect it to be a perfect system. But I don’t expect the Fed to sell us all out as this modern Fed has. And for the monied class to use those mistakes to destroy our country was always the worry. Jackson and Jefferson were right from the beginning.

Ultimately, I think the fix at the minimum due to our current problem will be much more painful than what the country went through when Jackson was president. There will be lots of pain resulting from the Fed’s coming out and the eventual collapse of the asset bubble they have created. The Party of Davos has bet everything on this monied class sell-out by our current Washington D.C. culture. It doesn’t take much imagination to trace everything regarding election fraud, Covid, and the constant press attacks on Trump, the two impeachments, and investigations on the criminals who have been built off these artificially created asset bubbles. Suppose you peel back the curtain on Hillary Clinton’s Durham revelations, or the Biden laptop, or the FBI falling under control of the disptribution of budget money, or the Department of Defense activism into global affairs. In all those cases, you will find at the root of that Hydra of Evil the trillions and trillions of dollars the Fed printed out of thin air that allowed Wall Street to sell as assets to investors in a scam that will prove to be the most significant corruption case in world history. I would advise everyone to cash out their 401k plans now before the bubble bursts because it will. It has to. And the Party of Davos people are hoping that there is some major war in the world that can divert people’s eyes from the matter before they figure it out. Put this statement on your calendars, the Wall Street investment managers could not afford a second Trump term, and now that they know one is coming anyway, they are scrambling in panic. Their sell-out of our country is going to be noticed. 

But for everyone else, they can rest assured that the weakness of the Party of Davos people, people like Larry Fink, who we all have to deal with in some way or another, whether through our investment portfolios or our companies where BlackRock representatives have taken control of management, the biggest fear they have is in the rise of populism, just as it was in Jackson’s day. Trump is a populist, and populism is rising worldwide in reaction to what people see. They may not understand how dangerous this current Federal Reserve asset bubble is to the American economy, and thus, to the rest of the world. But they know that the mysterious “elites” are up to no good, and they instinctively know to be skeptical of them. I don’t think of those people as “elite.” I don’t even think of them as being smart. I know that the Fed doesn’t control the American economy. But the Fed and the government itself are terrified of losing control of their “monied class” in the Beltway. Ultimately, when we talk about draining the swamp, we are talking about taking control of our money from the centralized planners. We will survive that exchange. But they likely won’t, and as they go down in flames, they are going to scream and protest. It will be ugly, but the pain will be felt by those who have made their livings stealing our wealth and using it for their own means.

In populism, the people who actually do all the work will be empowered. And as we deal with the current crises and look forward to Trump being the president again in 2024, while on Biden’s watch, the Fed needs to have its collapse. Larry Fink needs to be shown for the fraud he is, and the Party of Davos needs to have their hands cut off from our money supply which they are using to invoke the world into their domination. It’s time to take our country back, starting with reform at the Fed, with an audit at the very least. And possibly, a complete reconstruction of how we manage the value of our dollar. The members of the FOMC are obviously not able to fight off corruption, and it’s time we start there in properly reforming our country with an American First policy that is defined by our money. And to Hell with the bandits who have been caught trying to rob it.

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business

Finance: The weapon of choice for World War III against America

War isn’t always easy to see when you’re in it. When history reflects on these things, reflection provides that sort of definition. And it becomes even more complicated when the means of war is not what the human race defines to look like war or feel like war.   But war it is, and we have a defined enemy now in the world that has been rooted out finally by the greatest weapon the human race has, the book publishing industry. There have been many people who have been watching what has been going on, and they have had their Paul Revere moment and done many tens of thousands of hours of work researching and writing their thoughts into a variety of books that have been published over the last year which paint quite a picture through the haze of war. And now we know we have been in World War III, and the weapon of choice and the means of attack has been finance. Not guns, tanks, nuclear weapons, but finance. The exact model that has been used to steer the world and its governments with sanctions is also used to steer every single one of us with our ESG scores and our 401K plans. It’s been a different kind of attack, and the enemy is now clear to see because the weapons are still smoking. They have been caught performing their task under tremendous pressure, pressure that came from the Trump presidency, and their desperate attempts to squash it. In their haste, they have revealed themselves from behind a veil of conspiracy and put real names next to the attackers. More and more people are talking about Names, such as Klaus Schwab, Larry Fink, and Bill Gates, to join with George Soros and many others from the Party of Davos. Now we know what they want to do and can understand how to beat them. But first, we needed to see them. 

Many have been reluctant to blame Covid-19 at their feet, but if you follow the money trail, it all goes back to them. The desire for the Party of Davos to impose “Green Energy” with the fear of climate change is the giveaway, which I pointed out the first week that Covid-19 was released out of China. We know now, and it’s commonly accepted, that the American Defense Department was involved in building a bioweapon. That much of that work was going on years before Covid was released from a lab in China. The evidence is mounting that the Chinese were being set up to take the blame by the Dr. Fauci types brokering the exchange. Much in the way that Joe Biden poked a stick into Russia, baiting them to attack Ukraine where so much corruption has happened, which is revealed in the Biden laptop. There is nothing like a war to erase the evidence and distract people who are now onto the Party of Davos. A smoke screen was needed, and Putin was pretty much shoved into action by that Party of Davos in the same way Covid was released. Ultimately, all the objectives for this war trace back to the desire to control fossil fuels and shove us all into a zero-emission world as defined by the left-winged activists who populate the World Economic Forum, who intend to attack the human race from beyond any country, to the very root of all existence, our money supply. 

The plot was revealed most ostentatiously when President Biden sought to go around the American Constitution and back door all means of management when a vaccine mandate was imposed on America’s businesses which put human resource departments in the role of government enforcer. And the government they were enforcing for was not the American government, but the Party of Davos, as defined by them in a corporate way which had been forming under the weight of ESG scores and a new way of investing in public companies. Quickly, companies rushed to comply with these invisible masters without considering the source until eventually, the courts caught up and ended it. But the United Nations crowd had been attacking America from just such a method for decades through their Agenda 21 and now 2030 strategies, which is in every zoning board in America now. All those methods point to the Party of Davos as the origin, including the cancel culture rhetoric, the buying up of progressive DAs to undermine our legal system. All these methods have been imposed on us through finance and the flow of money, which gets the attention of corporations. And which culture in America where politicians dance to corporate influence to get donations, the Party of Davos had their vulnerability, and they meant to exploit it. But they were caught in this, too, by their tampering with the Federal Reserve in the United States, which was never constitutional. Like the Covid vaccinees, they exploited a loophole in our system of government to manipulate the value of our dollar and use that inflated power to buy up American companies with public stock options to take over their boards and inject poison directly into western culture for an economic takeover by that mysterious Party of Davos. The broker, in this case, was Larry Fink, the CEO of BlackRock, and his direct ties to the Federal Reserve just as he sits on the Board of Trustees of the World Economic Forum. 

By controlling our money and our jobs, the Party of Davos intends to control the political nature of the entire world. They have influenced much of the bad behavior we have seen over the last several years. Who was it that called those five states on election night to stop the counting so that the election could be stolen from Trump, our pick, in 2020? Look to the Party of Davos, for Covid, for election theft, for the push of Russia to attack Ukraine. To prop up China as the next baddie globally and convert the monetary standard to them and away from America. All this has been an attack on our very way of life, and it started with ESG scores, of controlling our behavior to the values of Davos and not American politics. And to take our power away, they sought to change the way we measure value, from actual profits to whether or not we had people of color or homosexuals on our boards of directors. And while we answered those questions with the same hair on fire compliance that we did the vaccine mandates, the Party of Davos convinced our Federal Reserve to dump money into Wall Street to prop up BlackRock, State Street, and Blackstone into agents of environmentalism.

The Party of Davos was going to get its grip on the world using the excuse of Climate Change to do it. The crazy left-wingers in the American government behind Covid and behind the quantitative easing in the Fed thought that the ends justified the means.   They would save the earth from climate change by destroying America from the inside out, and they almost got away with it. But, as I said, they have been caught. We see behind the veil now, and their covert behavior is out in the open. Many are shocked and aren’t sure what to do about it. But the first step is in understanding the problem and admitting to ourselves that this has all been a massive worldwide war. And it does mean that we must take a stand here and now. Otherwise, history will remember our cowardice, and they won’t forgive us for it.

Rich Hoffman

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Foreign Power Attacks Ohio’s Energy Grid: The Real story of corruption behind FirstEnergy, The Fed and Mike DeWine

ESG scores (Environmental Social Governance) are for business what CRT (Critical Race Theory) has been for public schools. Once parents found out what the game was in sliding CRT under the door and trying to program their children into outright Marxism using race as the mask, they became enraged and have started the process of retaking control of their public schools. Businesspeople, too are on the cusp of a similar necessity. That is why I have never accepted the FirstEnergy scandal as being what the FBI tried to paint it as. Over the summer of 2021, I watched pretty enraged at a press conference the Ohio FBI had boasting that they had received a settlement from FirstEnergy over a bribery scandal they had been investigating, which involved the Speaker of the GOP House, Larry Householder, and many others. It was a story that put Ohio in the number 1 state for corruption in the entire United States, and Governor Mike DeWine was right in the center of it. The FBI proudly bloviated that FirstEnergy settled the case with $230 million, which they indicated was an admission of guilt. The story for me was always about a much more sinister kind of corruption, one that actually points to ESG scores and environmental wacko policies that are an attack on our infrastructure in America from foreign interests. In this case, it all points back to the Party of Davos, the billionaire types who attack countries without a country of their own and seek to impose politics on those countries that bypass their elections domestically. What these finance companies like BlackRock, Blackstone, and Icahn Capital were doing to the nuclear power capability in Ohio was no different than if a country like China had attacked them with missiles and planes to take them out and destroy our power grid. And here was the FBI helping them do it. And the money for all the power leverage came straight out of the American Federal Reserve, created by Ben Bernanke, Janet Yellen, and Jerome Powell over a ten-year period to put money behind ESG rankings to impose climate change politics on us all.

After that FBI press conference, around December of 2021, Blackstone bought up 1 billion dollars in stock, which will put yet another activist investment board member on the Board of Directors at FirstEnergy, which will continue to direct the company toward a zero-emission world, to get their ESG scores at the targeted range. Back in 2019, when this ESG imposition was just becoming a practice, the management of FirstEnergy thought the regulatory burdens were ridiculous as these money management firms were pushing them to implement zero-emission standards. Of course, these requirements come from the United Nations, which are driven by the World Economic Forum, which sets them with Al Gore, Klaus Schwab, and the BlackRock CEO himself, Larry Fink. These are extreme left-wing wackos who wouldn’t get the time of day in a political theater, but when they tie themselves to our money, now suddenly they have all the power in the world. And it is through those methods, FirstEnergy was imposed upon through ESG scores to move their coal and nuclear plants to zero emissions by a ridiculously impossible deadline, which would essentially shut them down. FirstEnergy tried to fight back; they funneled $61 million in donations to the GOP through Larry Householder to protect them from these United Nations standards reflected in the ESG means of measurement. The GOP created House Bill 6 to roll back some of the environmental burdens that were killing companies like FirstEnergy. Suddenly the FBI was busting members of the GOP, but not these radical investment firms connected to the United Nations and the World Economic Forum. They were clearly attacking the American power grid to destroy coal and nuclear and replace them with wind and solar. 

Many of my friends in the House and Senate in Columbus wanted to distance themselves from Larry Householder as he was strung up and ran from his seat. It looked like dirty politics to me, and internal power struggles between Householder and Governor DeWine. But some of the other people who took money from FirstEnergy were never-Trumper types leftover from John Kasich, so there wasn’t much of a desire to fight to defend them in public. But the issue continued to bother me. That year of 2021, my wife and I traveled extensively in the West, everywhere from southern New Mexico and Texas to Montana all the way out to Utah and Idaho. I wanted to get away and think about some of these big things clearly. And during that trip, I saw what many truckers have been talking about, the changes to our country that were happening, with these giant wind farms, everywhere, from Iowa to Texas and everywhere in between. This wind power thing was much more advanced than I had been led to believe. In fact, at the Iowa 80 Truckstop, the largest of its kind in the world, I had a chance to see up close the trucks bringing these massive wind turbine blades to their construction sites. This was an enormous project that was going on everywhere, yet not much discussion was happening about it on the news. How was all this happening? Indeed, Americans weren’t imposing this on themselves. 

Doing a lot of research from then until now, it’s quite clear what has been happening. These wind power farms were not coming from the people of America but from energy companies and states seeking better ESG scores to stay compliant with their shareholders, like Blackstone, Icahn Capital, and of course, BlackRock. And the rate of manufacturing has been consistent with all the money the Fed has been printing through quantitative easing over the last decade, creating a dangerous asset bubble that directly contributed to the rise in power of these money management firms. The leverage and power these gained in managed resources, which allowed them to buy all these stock options, to start controlling these companies at the level of the Board of Directors, came directly from the inflated wealth the Federal Reserve created through their ZIRP policies and quantitative easing. Otherwise, BlackRock would have never had the financial leverage to impose these ESG scores on all these companies. And how convenient was it for Blackstone to buy up $1 billion in stock after the settlement story broke about FirstEnergy driving the price down. And guess who pushed FirstEnergy to settle the case, Icahn Capital. 

So as everyone can see, the story is much more sinister than an Ohio energy company trying to prevent itself from being put out of business by ESG politics that come not from the American government but from the United Nations and the Party of Davos. They sought help from the GOP-controlled House because it was their only option. But obviously, the game was rigged against them from the start. And now we see too late that the United Nations fully intends to close down all coal and nuclear power plants in the country and switch us all over to these solar and wind options. We know from California wind and solar alone is not sufficient for the power needs of our economy. But for the enemies of America, that is kind of the point. These finance companies taking control of these Boards in companies all across America over ESG scores are not on an America First agenda. They seek a zero-emission world and massive wealth redistribution from rich countries to poor ones, where they have already leveraged their financial bets. And we have been the pawns in the game because we have let this attack happen, unchecked completely. 

The actions we can take immediately is to understand how ESG policies became part of our SEC rules, at the Federal and State levels.   Because those rules are directly attacking our business infrastructure from elements outside our county.  We need to remove those ESG policies, legislatively.  From there, we need to stop our Fed from funding Wall Street so that an open door to foreign investment can flow money into the backdoor of our country and buy our political system behind our backs destroying our vote through finance and attacking the very heart of our republic without a single shot fired by military aggression.  Make no mistake about it, it’s a war just the same. 

Rich Hoffman

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Why You Must Always Be Ready: The biggest secret in the world

In the video above, I answer a question that I get asked a lot, “what’s in the backpack?” Well, I carry that backpack with me everywhere. When I’m not at my house, it’s always nearby. And of course, watching the video, you will quickly see what’s in it, my .500 magnum, which is one of my conceal carry guns. And additionally, that backpack is heavily armored. If someone shoots at me from behind, or even from another direction, I can have a way to absorb the bullet harmlessly and take away the danger. It’s a big pack for that reason; it covers a lot more body area. Then hearing that the next question is, “why do you feel you have to be so well-armed and to defend yourself so heavily?”

Most people would be happy with some little Glock tucked in their pants. But not me. I want to be ready for a small war, and there is a good reason for it. I put those thoughts into my Gunfighter’s Guide to Business, which has become highly relevant in the early years of 2020. When I was writing that book, I knew that it would stir up trouble, and it has. To my mind, it’s the good kind. But one thing is for sure; you don’t have to go out into the world looking for trouble. Trouble will come to find you, and for all kinds of reasons. The main reason is that the world’s bureaucracies were all built to conceal a dark truth about human nature. They were built to conceal laziness and the unambitious, which is in the majority. Everyone wants a trophy for success, but not everyone wants to do the work to become the best at something. And when people discover they can’t loot off you for their own efforts to make them their own, then they seek to get rid of you in any way possible to erase your memory from their minds. And that is why it’s important to be well-armed and always ready for trouble when it comes looking for you.

While I was writing The Gunfighter’s Guide to Business a few years ago, I had a confrontation with a consultant from a very expensive and powerful firm that teaches Lean Techniques worldwide to the biggest corporations that there are. When he found out that I had my own theories on process improvement and that I took exception to his constant beratement of “shooting from the hip,” as if it was a reckless assertion toward productivity, he became irate when he discovered I was writing that book. “what are you going to say that hasn’t been already said, the field is crowded with opinions on process improvement. Pick your poison and get with the program.” My response was, “well, I want to create a system that doesn’t involve poison, something that is more reflective of what is really going on in the world.” That’s when he lost it and pretty much swore himself to be my enemy, which didn’t work out very well for him. There was no provocation to try to make the guy mad. He went there on his own. It was the realization that a kind of scam was being exposed that he secretly feared was the real issue. And ultimately, this secret is a big problem out there in the world. I knew it was, but watching some of the violent reactions that played out, knowing that the secret would be put into a book I was writing, was just too much for him, and many, many others. 

The truth of the matter is what I said in the video when people find out they can’t steal from your efforts to hide their own lazy and unproductive natures; they actively seek to eliminate you from the discussion, whether it’s cancel culture, outright violence, social ostracization—whatever means they can come up with. And we are seeing that play out on a mass scale these days in business, politics, media, and even neighborhood soccer games. It’s everywhere. But what’s worse for them is when you don’t care, and you don’t need what they offer, which is kinship in a team environment. At that point, everything they have ever been taught turns out to be a lie, and they can’t handle that knowledge. There is a great yearning in the world for nobility and individualized respect. While traveling all over the world, I have found that when people see those elements in you, they often pay reverence instantly. People crave the kind of individualization that evolved in American culture and, ultimately, American business. But there have been many who have shaped this European collectivist mindset into global affairs and have evolved a kind of socialism during international trade that has found its way into every aspect of business. And the big secret was to hide the incompetency of the many from the eyes of the few. So when people often criticized me for “shooting from the hip,” they meant that I should always sit down and consult with others to figure out the best next step. Even if my idea ended up being the way to go, the bureaucrats wanted to believe that they had some hand in the process and wanted to share credit for the endeavor. But to a person like me, that all takes too long, so I cut them out and take my shots without them, which denies them of the theft, which makes people angry, very angry, for being exposed. That’s why I carry the backpack, and it has come in handy often. 

After dealing with that guy, and many others like him over the years, I felt it would be good to address the process improvement problems that all businesses have, especially these days with all the woke problems that are entering our places of employment. There are many great techniques for process improvement out there, but most of them never address the real elephant in the room. What makes people corrupt, and why do they intentionally sabotage process flow in a business? I often point to the time clock, even the salary people, and say, “look how quickly they leave for the day.” Their minds were never on their work; they just collect their paychecks and associated with other people waiting for someone else to do something. They are too lazy to do things independently and often leave all the heavy work for the few with a mind to do it. And there is no fancy consultant class that can address that issue. To deal with that, we must deal with the real problem that sits at the heart of all process improvement needs, the lack of human capital and raw individualized leadership. That is why I wrote The Gunfighter’s Guide to Business, to empower the types of people who really do all the work and to prevent those who get in the way from doing so. And also to explain that consensus building and teamwork are only distractions away from productivity. In the world we have today, it is the few who make everything happen and the many who try to hide behind those exploits and take credit for them as their own. If you let them take that credit, they will love you. But if you don’t, they will do everything in their power to get rid of you, even if it means killing you any way they can. Sometimes they become so jealous that their minds lose all reason, and their thoughts become a Shakespeare play. And the only way to have real peace is to carry a backpack like the one I do and make sure that their intentions do not become your reality.

Rich Hoffman

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The Stupidity of Xi Jinping: China thinks A.I. is the future, but what they will learn is far from it

I personally think that China’s Xi Jinping is an idiot. If you haven’t yet noticed, all the bad guys in the world are trying to scare us all into behavioral change. They have picked China as their vehicle of intimidation. But they are taking advantage too of China’s desire to overcome their embarrassment from the Opium Wars a few centuries ago and to restore their dignity as the most powerful country on earth by 2050. At this year’s Davos meeting with the World Economic Forum, where the gang of Klaus and Larry Fink pulled on the strings of their political pets around the world, they put Xi Jinping on center stage to set up the narrative. Didn’t you wonder, dear reader, why Nancy Pelosi and Joe Biden recently talked about how ruthless China could be, as if we were supposed to be scared of them, like some playground bully? Wasn’t that a strange position for what is supposed to be the most powerful country on earth?

Remember, don’t listen to what people say; pay attention to what they do. Some people in the world can be controlled by money. If you fill up their bank account, they will do what you tell them to for the rest of their lives. That is certainly the case with Mitch McConnel and most of the current American senate. Once they take the money, they lose objectivity toward all sense of law and order. China is willing to give away endless amounts of money to buy up what they call “elite capture” in America to fulfill their goals of global domination by the middle of this current century. They believe that if they buy up all our elected offices, or at least enough to destroy our election system, then they can become that next power, and Klaus and the gang have let them think that. They have also sold Xi as some kind of genius because the World Economic Forum wants to stabilize the world toward their investments and use Chinese communism as that stabilizing force. BlackRock is the first money management firm allowed in China, so the effort of building a middle-class there around 1.4. billion people can occur under carefully managed scrutiny. 

Yet Xi has become inflated with himself, and he has all the American tech giants eating out of his hand because they think of him as some kind of communist “chosen one.” Reading about how sold out Silicone Valley is to China in Peter Schweizer’s fantastic new book Red Handed is pathetic. It certainly paints people like Tim Cook from Apple as small-minded losers who just got lucky in their fields of endeavor. When Tim Cook had a chance to meet Xi at a Microsoft meeting, he remarked, “Did you feel the room shake?” All the big tech malcontents were there at that meeting worshipping the communism of China, so it’s certainly time for all of us to stop thinking of anybody from Silicone Valley as being smart. We should scrutinize all their products and assume everything we do online or through a computer is going directly to China, and ultimately, the Party of Davos. They are their financiers and manipulators behind the scenes. These losers want us to think of Xi as they do, which could run the world as the ultimate parent. If we step out of line, we’ll be spanked. If we do what they tell us to, they will love us and care for us, and for the Silicone Valley types, who all appear to have daddy issues, a strong central parental figure leading communism is attractive. So we should be skeptical of everything they do, including using Microsoft Teams. China has its hands in everything done by American tech executives. 

And with that knowledge, we should laugh at how these same people have put Xi on a pedestal and inflated his ego to the point where he thinks he’s some kind of mystic. Xi is saying to everyone that A.I. is the wave of the future. Whoever controls A.I. will control the world. And from what I can tell, many people believe that A.I. will take over the world and that China will be the first to harness this weapon like it will be tomorrow’s nuclear bomb, the significant threat that will put the world under the thumb of those wishing to control it. People like Xi.  Xi doesn’t care about money. What he does care about is power, and he thinks A.I. will give him that power and launch China into a reign of respect and terror for centuries once they all put an end to the “western experiment.” Clearly, there are a lot of Americans like Tim Cook, Bill Gates, Mark Zuckerbucks, and many other billionaires who are signed on to this Chinese communism and are acting as traitors now to our country. But never fret. Their strategy is laughable, and, in the end, they will find themselves grossly embarrassed. For all time and history, remember what I say today, that A.I. will ultimately be too stupid to take over the world. Humans will remain at the top of the food chain for the simple reason that human intelligence has many other factors besides raw brainpower calculations. All the A.I. that is being built now lacks that basic intellect that is still a mystery to those studying the brain. I think A.I. will be a valuable tool in a time when we will need much more labor for a growing economy. But it will not be all-powerful and invincible. Human imagination will prove to be the most essential ingredient and will remain that way for many centuries to come.

But never underestimate intent, what China intends to do. What the Party of Davos plans and who they control. Watch what they do, not what they say. They intend to use artificial intelligence to rule the world and all of us in it. Xi is too power-hungry to see the situation clearly. He has bought the bolstering thrown in his direction by that Party of Davos. Money isn’t the only way to inflate ego, and thus to drive someone to do something they might not otherwise do, so they can get it. Praise can be just as powerful as finance. They desperately want to be relevant in China, which is why they are opening their doors to Larry Fink, who sits on the board of the World Economic Forum. But in the end, Xi will learn all too late that he was just a pawn for a larger purpose. He’s playing his part. They will push A.I. but will discover that with all their captured data, the result will create an average intelligence at best, the average of all the people of the world they have collected information on. And that great average will still be short of the exceptional humans who live and thrive in the world and essentially make everything happen. The significant flaw will be the same as the outstanding flaw of communism, that the collective is better than the individual. The hard lesson that A.I. will learn is that it’s the other way around, and technology will still find itself inferior to the best that the human race produces with imagination and ingenuity. And Chairman Xi will see that all his hopes for a restoration of China’s power upon the world and the respect he thinks will come with it will just be another pawn in the great game of chess that has been going on for a long time. He thought he was the king, but he was only just a rook at best. And A.I. never was going to be able to put the crown on his head.

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business

A Review of ‘The Lords of Easy Money’: What’s behind the smokescreen they don’t want you to see

As bad as things seem, I’ll have to say I feel privileged to live in a culture that can produce books like The Lords of Easy Money. The new book by Christopher Leonard is what I consider a real treasure to a rich culture. After reading it, it spawned in me an insatiable appetite for solving some of our modern problems, and right there in those pages, everything was clear to see. I took last week off everything essentially to read an additional 12 books of all types of wide-ranging subjects connected to the subject of the Federal Reserve and the history of Banking in America and the Constitutional problems that are part of it. I think I slept 3 hours last week as my reading list was very aggressive. Good books are better than sleep to me.   We’ve all talked about this before, but never has there been a writer who was able to put their finger on the problem quite like Christopher Leonard has. For me, it was the big block in the puzzle that put everything else together, and I feel greatly enriched by it. Because of it, I am much more inclined than I was before toward the banking policies of Andrew Jackson as he let the charter expire for the second attempt to put centralized banking in charge of our central government. These subjects are too complicated for our news reporting, so they never get talked about, yet the corruption at play here is mind-blowing, and it is there that we must focus on in the future if we want to save our nation. I’ll have a lot to say about this book in the months to come, but for now, we’ll talk about the tip of the iceberg. 

The problem starts with the American Constitution and Alexander Hamilton and his debates with Thomas Jefferson over the merits of centralized banking. Hamilton’s interpretation comes from Article 1 Section 8 at the very end, “to make all Laws which shall be necessary and proper for carrying into Execution and Foregoing powers, and all other Powers by this Constitution in the Government of the United States, or in any Department or Office thereof.” In other words, if the government thinks it needs it, it can have it. This is also why the duel between Aaron Burr and Hamilton should have happened on the day before Jefferson and Hamilton had this discussion. Hamilton’s argument opened the door to the kind of crazy lunacy regarding fiscal policy that we see today. Lucky for us, we have had great presidents, such as Jackson, who fought this battle before. It has taken a lot of time for the crooks and thieves of Wall Street and politics to become emboldened to the level they are now, to rob openly, loot, steal, and sell out our country in the fashion that The Lords of Easy Money articulates. But make no mistake about it, Christopher Leonard is not arguing against the Fed. He is, in fact, a Democrat. He’s not at all crazy about the Tea Party movement or President Trump. He wants the system to work. He actually makes an excellent argument for the Federal Reserve. Still, in the research he conducted, which went on for years, the actual Federal Reserve regional bank president Thomas Hoenig out of Kansas, Missouri, where this real glimpse into the problems of the Federal Reserve came to light and is the heart of the whole book.

The Federal Reserve has a consistent problem because it functions as many school boards do or any government that emphasizes consensus rather than dissent and argument. In the case of the Federal Reserve, all the bank presidents who end up on the FOMC (the Federal Open Market Commission) consist of 5 appointed positions; the other seven are rotated among the regional bank presidents. There is always one permanent seat for the Federal Reserve Chairman and another for the New York Federal Reserve. Around 2010, when Fed Chair Ben Bernanke began a policy of quantitative easing to deal with the crash of 2008, the only person on the FOMC committee to vote against it was Thomas Hoenig, which was embarrassing for Bernanke. They had always had consensus up to that point, at least what they showed the public. But Hoenig felt that the policy was dangerous, and he continued to vote that way until he retired eventually. But the Fed ignored his vote and kept the policy going anyway until things really exploded out of control after Covid came and did its damage, which is our present problem. The most obvious problem that comes to mind with this arrangement is that all the members have PHDs from socialist-oriented schools where Marxism is heavily studied. So they all think the same way. Thomas Hoenig was considered a soft “r” Republican, but they all essentially thought the same way about fiscal policy. The value of something was supposed to need Fed action for it to be useful. Rather than dealing with what elements of the economy create value, such as free people able to function and produce, the Fed believed that all activity was more or less fixed. It was their job to manipulate interest rates or print money to inspire growth. When you have 12 people who all think the same way on these matters, you will get what you are going to get. 

In reaction to the housing bubble bursting in 2008 and the election of the socialist Barack Obama, who put tight controls on economic behavior, Ben Bernanke, then Janet Yellen, then Jerome Powell would turn to what they call ZIRP (zero interest rate policy) to flood the market with cheap money and to build up a massive asset bubble that Wall Street could count on a “Fed Put” strategy to bottom out the risks on an asset pricing strategy. For instance, to inspire the buy-up on all those risky mortgages after 2008 for which BlackRock became so wealthy, the Fed boosted the purchase with a public-private partnership that removed much of the risk by pumping up the potential losses with the money supply. There has never been a restoration to normal on the Fed’s balance sheet. What started as a mess on that balance sheet of 900 billion in inflated assets in 2009 ballooned to 4.5 trillion by the end of 2019. Now, after Covid, the balance sheet is at 8.2 trillion as of this writing, and it’s going up every month by 120 billion with no signs of an end to it. So now we have an asset bubble that is poised to burst at any moment, and the smoke and mirrors of the political arrangement between Congress, Wall Street, and the Fed is out of control and explains a lot of why major investors are putting so much effort into pumping up the Chinese economy. They are trying to hide the money they have gained during all this in a new economy for their own preservation. The whole situation truly is a mismanaged disaster. Of course, if money is all you care about, and you want to protect what you’ve built, China suddenly doesn’t look so bad. Why is everyone so upset over their human rights violations and communist central government?    

But the first step is in understanding it all. I never was, and I’m not now a person who will say we shouldn’t have a Fed. There needs to be a way to manage the money of society. As I said in the video above, with space exploration coming on fast, spikes in the gold standard and other precious metals will need to be managed through a stabilized currency. But when you create something like the Fed and put a bunch of people trained in Marxism in charge of it, well, you get the failures of Marxism as a result. Rather than have people running these banks who actually understand the value of labor and how to apply it to actual assets made by the human mind, instead, they have created a bureaucratic nightmare that is poised to blow up out of this artificial asset bubble that they have made at the Fed and will cause significant harm to all the people who depended on the Fed to do the right thing. And in doing that right thing, Thomas Hoenig has told his story of how painful it was, which is the point of the excellent book, The Lords of Easy Money. This has been the smokescreen nobody wants to talk about, behind nearly every news story that they hope you never find out about—until it’s too late.

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business