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Beneath the Surface

Another Door Opens

Loading ...Addison Wiggin

January 20, 2025 • 4 minute, 41 second read


BidenBiden crime familyWEF

Another Door Opens

~~James Howard Kunstler 

“…there’s little political upside in defending the rights of undocumented shoplifters.” — Michelle Goldberg, The New York Times.

If past is prologue, Mr. Trump lacks the acumen to carry out his ambitious agenda. The first problem is management style. In his first term, Mr. Trump was a poor administrator because of his mercurial, polarizing style and a general indifference to facts and the hard work of governance. — Jack Goldsmith, The New York Times

Thus spake one Shawn McCreesh of The New York Times, America’s all-wise, all-knowing font of everlasting rectitude. But to answer his question, why blah blah: Donald Trump is glaring because he means bidness. His bidness is to shift the paradigm on the mendaciously sanctimonious managerial class of the USA, of which The New York Times is the principal mouthpiece. DJT looks stern, does he? All that really tells you is how nervous the Old Gray Lady is. A million or more brains, from sea to shining sea are about to get vacuumed out and redecorated

Readers of The New York Times — in their various C-suites, ivory towers, ateliers, yoga parlors, tasting rooms, bioweapon labs, and other haunts — remain utterly baffled about what is to begin today. No amount of ‘splainin’ seems to suffice. They behold the Golden Golem of Greatness (DJT) doing his dance onstage behind the cop, the Indian chief, and the cowpoke and all they can really see are their own careers going up in smoke (along with vested pensions, reputations, possibly even chattels, marriages, and health).

As I write, long before dawn, “Joe Biden” remains President of the US. You must wonder, as the hours dwindle to noon, what pardon power magic he’s saving for the final minutes of his term, while the whole nation is distracted by the spectacle in the Capitol Rotunda, the moiling dignitaries and celebrities, the solemn arrival of the elect, the snarky palaver of the cable news jockeys, the electric charge of history in the large room. . . .

It is a fact, perhaps missed by some of you, that Rep. James Comer’s House Oversight Committee just last week issued criminal referrals on James Biden (“Joe’s” brother) and First Son Hunter. Wait-a-minute, was not Hunter already pardoned for Gawd-knows how many misdeeds dating back to 2014, and (supposedly) preemptively for any alleged crimes to come ever hereafter? Part B of that may yet have to be adjudicated. A pardon is not intended to be a get-out-of-jail-free card. Anyway, would it be difficult for a federal attorney of average ability to draw a connection between the newly referred crimes of those two and the departing President? Hence, will “Joe Biden” pardon “Joe Biden” at 11:30 this morning?

Not to mention about 1000 other current and former public officials quaking in their Beltway McMansions this frosty morning. This is part and parcel, you understand, of the massive Cleanup in Aisle Four that must happen if the agencies of our federal government can ever be trusted again. For instance, the Department of Justice.

At the end of the workday, Friday, AG Merrick Garland made a triumphal final exit from the building past a throng of cheering and clapping employees, including dozens of federal attorneys who zealously persecuted their fellow citizens under color-of-law for no good reason, or real legal predicate, and ruined many lives and households in the process. Do you suppose they get a free pass on that? And what of the three bears of Lawfare: Norm Eisen, Marc Elias, and Mary McCord, all of them present at the creation of serial affronts against the Constitution (and decency) lo this past decade. Do they just skate? I doubt it, though it might take a while to shine a light on their turpitudes.

Will “Joe Biden” wave his pardon wand over Tony Fauci, Francis Collins, Scott Gottlieb, Deborah Birx, Rochelle Walensky, and dozens of other public health officials who sprung the Covid-19 operation and the deadly vaccinations on the country? Or Ralph Baric, hunkered out of sight in his Carolina lab? You realize, of course, that the orgy of illness and death from that is hardly over. For four years under “JB” the truth has been obfuscated and buried, because none of those characters has really had to answer for anything.

So, today another door opens. The To-Do list for Mr. Trump and his aides-de-camp is dauntingly long, the corrections needed are monumental. You might have even noticed that such corrections are badly needed all over the other countries of Western Civ, and strangely many are already following suit. The WEF-inflected governments of France, Germany, and the UK are already a’wobble, and Justin Trudeau threw in the towel two weeks ago. An Arctic blast could not be more fitting for what will move through the DC Swamp at high noon today. That is, if Mr. Trump manages to survive the hours until his swearing-in. Godspeed Number 47! And everybody else: put your tray tables up! A patch of turbulence ahead!


Update: I posted the above blog ten minutes before “Joe Biden” issued his raft of pardons for Fauci, the J6 Committee members, and others. We will have to stand by to see whether a “preemptive” pardon is a legitimate legal instrument. My guess is that it is not.

Further update: About fifteen minutes till noon today, “Joe Biden” preemptively pardoned the rest of his family, brothers Jim and Frank, a sister, various wives and husbands. What crimes did he have in mind, you must wonder. Money laundering? That would be my guess. Note: “JB” apparently did not pardon himself. Bribery and treason are still on the table then.


Coinbase Wants to Dominate the Internet Capital Markets

November 19, 2025 • Ian King

On November 10, Coinbase announced a new platform that lets users buy crypto tokens before they list on the exchange.

The company calls it: “a more sustainable and transparent way for projects to distribute tokens.”

In other words, we’re moving into ICO 2.0. But this time there will be more rules.

Coinbase Wants to Dominate the Internet Capital Markets
The Mirage of High Income

November 19, 2025 • Addison Wiggin

We’ve lived through the greatest borrowing binge in modern history, and yet the national mood feels poorer, more brittle, less confident.

There’s a familiar pattern here: the higher the noise, the more critical it becomes to tune it out. The markets will surge and swoon, the political class will posture, and commentators will insist that this time is different.

Our biggest concern, meanwhile, is that with a collapsing stock market, economic anxiety will reach fever highs. And with it the political divide in the country will become even more performative, expressive and violent.

Civil society cannot sustain a credit crisis.

The real work — the only work that actually matters — happens at the level of your own finances, your own decisions, your own family. No administration, blue or red, can insulate you from a balance sheet that doesn’t balance.

The Mirage of High Income
Bonfire in Timber (Prices)!

November 19, 2025 • Addison Wiggin

Timber is among several commodities declining this year. Oil, down 15%. Wheat minus 10%. Egg prices have gotten over the avian flu and are down 80%.

Lower commodity costs are good for consumers. They offset tariff costs to wholesalers. And they are good for this year’s political pet issue, “affordability.”

But they also reflect a sore spot in the overall economy. Lower demand for timber, a key component in housing, means builders aren’t building.

Many economists interpret lower timber prices as a sign that the economy is already in recession.

Bonfire in Timber (Prices)!
The Debasement “Trade”

November 18, 2025 • Mark Jeftovic

Bitcoin isn’t a trade and trying to time it with chart patterns generally does not work.

I’ve never really felt like technical analysis carried much real predictive edge in general and when it comes to BTC, I’ve seen too many failed “death crosses” to change my opinion.

The one that just triggered in mid-November as bitcoin flirted with $90,000 is just the latest.

What really matters? It’s a monetary regime change – if market participants are trading anything it’s getting rid of a currency (“it’s the denominator, stupid”) for a store of value – and we’re seeing it in spades with Bitcoin and gold.

The Debasement “Trade”