Our Country Flies on the Balance of Two Wings—Both Left and Right. It Must Be Restored.

We all have a story that we tell ourselves. The problem with our country right now is we don't have a common story anymore. Our common story is the founding of our country and the Civil War and the civil rights and going to the moon and we can do anything. And after the second World War, we had the Berlin airdrop. We helped people, we were the most charitable. That's our story. That's what we tell ourselves.

That story has been broken by another story. We're nothing, but oppressors. We're oppressors that came and stole the land, killed people, never had any good intentions, enslaved a whole race of people. Even when we had the Civil War, there were no good guys. Abraham Lincoln was even an oppressor. We've only ever done anything for money. We're warmongers. We steal everything that we have.

That's the story that now half of America is telling itself every day, and it is being reinforced every single day.

Stories are really important.

The story in the first half of my life was, I'm a kid who nobody ever understood. And my mom was an alcoholic who committed suicide. My dad and mom got a divorce, nobody understands me. And yet, I have this talent, and I'm going to make it big. I'll show everybody. That was my story in my twenties, coupled with my family suffers with depression and alcoholism. I'm going to kill myself in the end, and I'm going to be an alcoholic. And what happened? By the time I was 30, there I was. Because stories are powerful.

When it comes to politics, who is better at telling stories? The left or the right?

The story that I tell myself every day now is the Jesus story. A guy who grew up with nothing, who taught people during three years of his life just to be honest with yourself, to be humble, to listen, to serve, to search for truth. That you're going to screw up and you should ask for forgiveness. Live those principles and die on those principles, if you have to.

So now that you know my story, what I've tried to base my life on, look what happens: In the last election, I saw a guy running for president who I didn't think lived any of the principles from that story that gets me up every morning. That's the story that I tell myself, that you don't even have to believe in redemption. You don't have to believe in Jesus. You don't have to believe any of it. I do. It's the story that keeps me from drinking and keeps me from imploding. I saw our country going towards a guy who I didn't think lived any of those principles. I was certain of what was going to happen, and tried to warn people and what happened? I imposed, if I may speak to my friends and the left, the tyranny of certainty. I stopped living my principles, mainly humility, because I was certain I didn't have to be humble. I knew the truth.

So people say to me, Glenn, you've got to stop apologizing. No, I don't. That's part of my story. If you make a mistake, as quickly as you discover it, go and ask forgiveness, try to make amends. If they accept it, they accept it. If they don't, they don't. I've done my part. I behaved the exact opposite of my story, which caused cognitive dissonance in me. And if cognitive dissonance lives in me, I know myself well enough, I'll start drinking, because I can't live that way as a split personality. I can't live two lives. I don't know how people compartmentalize their lives. I cannot.

Now we're telling ourselves another story. What I heard from a caller today is exactly what she doesn't like in me and doesn't like in the left. And that is, the tyranny of certainty. "How dare you tell me you're right." I'm working on that. It's really hard to do the job, where the leader of the industry is "on loan from God," and I'm supposed to have the answers, to share those, and remain humble. It's really hard. But you notice she said that the problem is, they think they know the answers --- and we're right.

I think I've been right on a lot of stuff. I just have to realize that my opinion is my opinion. But I also am wrong on a lot of stuff. I believe in eternal truth. I believe in truth from God. A lot of people don't believe that. Okay, then what's the other way of finding truth? Either scientifically proving it, doing a case study and actually proving it in a laboratory, or when it comes to living, you have to have a case study. Well, I don't really want to experiment with people. So we have to go back and look at history and ask: How did it turn out the last time? How did this turn out the last time it happened? What did the people choose?

Do you really believe that the politicians are going to solve health care? Does anybody really in the sound of my voice believe that they can solve health care? First of all, was health care better or worse before Obamacare? It sucked. It had its problems. It's like the United States of America. It is the worst best country on the planet. They all suck, but we're the best.

If you could show me a way to live, really show me a way to live and say, Glenn, here's proof, this is a better system, it makes people more free, it helps people be better. You're able to be yourself and be your better self. I'd do it in a heartbeat. I would surrender my citizenship today. I am not loyal to the flag. I am loyal to the idea of America, that all men are created equal and endowed by their creator with certain rights, and nobody can take those rights.

My story that I tell myself is the greatest blessing of my life. Because it gives my troubles --- I don't want to say suffering, but use that word perhaps in your life or in the life of others --- meaning. It gives my pain, be it emotional or be it physical pain, meaning. No matter what has happened to me, no matter what the situation is, I can walk away from it and say, "Okay. Why did that happen?" Instead of saying, "I can't believe this person. I can't believe everything in my life sucks."

Everything in my life might suck right now, but what gives that suffering meaning? What gives that trouble meaning? Are we even looking for that anymore?

That's what I tried to say with Elon Musk or with George Washington Carver, most of the great inventions of the world came from hardship. You think somebody would have invented the car if we all had flying carpets? No. We had an ox and a cart. We had to shovel the crap from behind them all the time. I mean, you want to talk about gases, okay. Live around some cows for a while. Plow your field with a cow or an ox or a horse. Not fun. So somebody invented a tractor. It's not like the fields were plowing themselves. You know what we should invent? Something I can sit on and plow this field. There's meaning to what's happening in your life. And you can either grab it and figure it out and use it to make your life better, or we can use it to be angry. We can use it to be depressed. We can use it to lose all hope and let somebody else fix it for us. Or we can do it ourselves.

When I say let's come together, I don't mean with the extreme right or the extreme left. I have nothing in common with them. I really don't, besides my humanity. I don't have much in common or much to talk to with people who want to shut everyone else up. But I don't know when this country has ever decided we don't need two wings of our eagle, both the left and the right. I don't know when the eagle said, "I can fly with just one wing."

There's balance to that eagle. Just as much as there is --- and I hate to say this, what an oppressor I am --- there is importance for both a man and a woman. We don't speak the same language. Women, at times, drive me nuts. I'm sure I drive my wife and my daughters crazy. My son and I, we understand each other. It's the women. And the women, they understand each other. Two wings of an eagle, you need both. How stupid would it be for me to say, "You know what we need, you know what would make this planet better? No women." And yet, there are women and progressive groups that say men are useless. It is a lie. It is a lie just as much as I don't need my liberal friends or they don't need their conservative friends.

Together, we can fix this. Together, we will find our way out. But only if you have an honest, open and willing mind and heart.

Glenn created "The Senate Fails to Condemn INFANTICIDE" in response to the Senate not passing Nebraska Senator Ben Sasses' bill banning infanticide early this year. In an effort to help support pro-life charities, Glenn first posted this for sale on eBay before being banned multiple times before we finally had enough and put it up for sale on bidpal.net.

At the time of this post, the bid was up to $4,700 — but we can do better than that. Please help us raise money for a good cause, you don't even have to display it anywhere in your home, you can just keep it in storage or something! If you want this priceless piece created by one of the most influential people in the world of art, place your bids here.

Can you remember the economic crisis of 2008 and how you felt when the news broke that Lehman Brothers had collapsed? I have found an economic threat that everyone needs to be aware of, so you can prepare yourself in case we see another 2008 type collapse. I am going to present the evidence to you and I urge you to verify everything and to form your own opinion.

What is that threat?

It is a bank called Deutsche Bank. They are by far the most dominant bank in Germany which is the world's fourth-largest economy. In 2018 they had €2.08 Trillion worth of assets and the second-placed bank (DZ Bank) had €506 Billion worth of assets. To show you how dominant this bank is, they have more assets than the 2nd, 3rd, 4th, 5th and 6th sized banks combined.
When we review a business there are three key parts to analysis:

  • Market sentiment
  • Business numbers
  • Technical Analysis

Market Sentiment

Deutsche Bank has a long history of potential scandals including going all the way back to World War 2 and dealing in Nazi gold. Below are five recent stories which have increased the negative sentiment around Deutsche Bank.

  1. In 2007, they purchased a portfolio of loans worth $7.8 billion and purchased insurance from Warren Buffets Company. It was discovered they did not set aside enough capital to cover any potential losses. Over the course of the ten years, they lost $1.6 billion, and when they sold the loan they did not update their financial statements to include the big loss
  2. The Panama Papers are an ongoing investigation looking for many things including offshore tax havens. These investigations have resulted in several heads of state resigning including in Iceland and Pakistan. Last November, 170 police raided 6 different offices in Frankfurt looking for evidence of money laundering.
  3. Estonia is a small country in Eastern Europe. It has a population of 1.3 million people and a GDP of €26 billion. In January, it was discovered Deutsche Bank got involved with a Danish bank called Danke Bank and processed over $230 billion worth of cross country payments (including from Soviet Russia) through one bank in Estonia.
  4. There have been rumors of issues with Deutsche for a while now and one of the solutions put forth was a merger with a bank called CommerzBank. The leaders of both companies met and they even got support from politicians. In April, news broke that the merger talks had failed because over worries the risks and costs would be too great.
  5. Last week in France, Investment banking boss Garth Ritchie and others were arrested in France over illicit tax transactions.

Business Numbers

Deutsche Bank is already struggling as they are losing staff, losing market share, and bonuses are expected to be down at least 10% and further rounds of cost-cutting to come. Now imagine the impact if business costs start going up.

The banking industry works in a very simple way. They raise funds through large bonds at low-interest rates and then sell those funds to business and individuals thru products like loans and credit cards at a higher interest rate which results in a potential profit.

Earlier this year, Deutsche Bank tried raising money through several bonds. They paid 180bp (basis points) on a two-year bond and 230bp on a seven-year bond. Let me put this in context for you. There is a small bank in Spain called Caixabank which paid 225bp on a five-year bond and one of the larger banks in Spain, BBVA paid 130bp on a five-year bond.

  • How and why is a small bank in Spain getting a better deal on bonds than a huge bank in Germany?
  • Why is a large bank in Spain getting a bond 100bp cheaper than a German bank?
  • What does the market know that we do not?

Stock Price

Deutsche is also missing revenue projections which further hurt the business ability to survive and prosper. As you can imagine all of this news has a deep and lasting impact on its stock price which is in deep trouble. Before I share the stock price, I need to put this into the context of the market and the industry compared to the big economic crash of 2008. Below you will see a chart of some banking stocks from around the world with their peak price prior to the 2008 crash, the low of the 2008 recession and the price today:

As you can see from the above chart the banks in America have recovered from the 2008 recession by anywhere up 375% and JP Morgan has not only recovered its price in full but is constantly setting new high's. Ireland went bankrupt and had to be bailed out by the EU/IMF following the 2008 crash and even our national bank has more than doubled its price since 2008. The worst performing bank I could find was Societe Generale which has issues but is still hovering around its 2008 low price levels.

Now let's put that into the context of Deutsche Bank. Not only has the stock not rebounded but it is over 65% below its 2008 low at $6.75.

Technical Analysis

When you are dealing with the stock market, you also have people who study pricing through technical analysis. Experts look at things like FIB sequences, trend lines, and support levels. Support levels are a key metric for a stock failing because are looking to find where it will find support and potentially bounce higher.

We are very close to a key support level ($6.40) and if the price goes below this level, there is no saying exactly how low the price could go. At least one company expects Deutsche to fall below this support level, as several weeks ago UBS downgraded the stock to a sell order. This news was compounded last Friday when rating agency Fitch, downgraded their credit rating to BBB or two levels above JUNK status.

Other Information

I know you are likely reading this and thinking "this bank must have smart people in charge and surely they have a plan, right?" I am sure there is a plan and while they have kept their cards close to their chest, they have spoken in the past about the areas they foresee having growth for the company – they include business in Saudi Arabia, UAE, and Egypt. Do they strike you as countries which are stable and will offer steady and reliable growth? Do you have to think really hard to imagine how this could go potentially very wrong?

Questions

I believe there is at least a solid case Deutsche is in a LOT of trouble. So what are possible scenarios for the future? I will lay out the key questions below but I must stress that it's impossible to say for sure what exactly will happen. One of the key numbers to remember here is they have roughly €50 billion worth of derivatives.

  • How likely is it that the bank can turn things around and survive?
  • How likely is it the bank continues to run into trouble, its stock price fails and eventually fails?
  • If you think it is likely it will fail, the question becomes what will the fallout be? Who will be affected?
  • Will they be bailed out?
  • If so, by whom? The German government, ECB, IMF, the Federal Reserve?
  • What will the German government think? Some members recently spoke out saying they would block public money for the proposed merger? Will they block funds if it failed?
  • Will other banks be exposed and affected? Will they have to take losses?
  • Will those losses be spread around or will one or more bank be mainly affect?
  • Will this affect the sentiment of the banking sector and cause a panic?
  • If there are issues and it starts affecting the stock prices, what will be the impact on other industries?

Last Question

The last question revolves solely around the banks and the regulators? How secure are the other banks? We all hear about how banks are now put through "stress tests" but how much trust do you put in those results? How much trust do you have in the regulators?

I know this may make me sound like a conspiracy theorist to some but it's an honest question. The Fed is on public record saying they want to keep this economy strong as long as possible. If a bank did not perform strongly in a stress test or even barely failed one, do you think they would report it?

Can you imagine the pressure that body would come under to stay silent? Can you imagine the rhetoric they would face with questions like, "Are you really going to fail one bank? Do you know how many people will lose their jobs if you do that?" Am I saying this is happening? No, but can you really rule it out 100% as a possibility?

I urge you to ponder on these questions, do your own research and find YOUR answers.

Update: The most freaquently asked question I have received from this column / show is how much time do we have to prepare. This is an impossible question to answer, as it could fail tomorrow, next week or might be next year. However I want to provide you a potential date for your diary – July 24th. That is when Deutsche will release their next earnings report and if it comes in below expectations, it could cause a further drop in price casting more doubt over the future viability of the bank.

Please support Jonathon's weekly podcast which is exclusive to the Blaze Media and available for FREE. He offers a unique perspective by promoting America's Founding Principles and brings every issue back to a set of core principles which are always based around the laws of nature. You can find links to his show by clicking here or by searching for Freedoms Disciple on your favorite audio platform.

Survey: Where do you stand on these conspiracy theories?

Thought Catalog / Unsplash

Have you seen this survey on the most-believed conspiracy theories in America?

It's no surprise the survey has been getting so much attention. The results are actually a pretty disturbing.

Infographic: Belief in Conspiracy Theories in the United States | Statista

I decided to put together a quick survey of my own, with slightly different wording.

Up-vote the ones you agree with and down-vote the ones you disagree with.

I believe Lee Harvey Oswald killed JFK alone. However, I would not be surprised to find out the government sealed evidence that others were involved.

If by "deep state" you mean long-time Washington power brokers who are used to calling the shots and now feel threatened by Donald Trump not listening to their advice or council — yes, I do believe that many people like that are working against him and his administration.

Whether alien bodies are in Area 51 or not, I do believe the government knows more about UFOs than they have told us.

I do not believe the U.S. government was involved in 9/11, but as we know, NSA advisor Sandy Berger was caught destroying documents from the national archives related to both Bush and Clinton. All U.S. administrations have been to close to the Saudis, and the Saudis were involved in 9/11 at some level.

I believe the climate is always changing — it's natural. I would be willing to accept that man MAY play a role in this. But I do not believe in the solutions currently being discussed, nor do I believe the intention of most political activists are pure.

Any talk of the Illuminati provides the true dangers to man's freedom — like very powerful NGOS and men like George Soros — a perfect cover.

The U.S. government has done some horrible experiments on people and land — I also suspect they will do more things in the future. But I do not believe in the systematic spraying of chemicals using chemtrails.

The moon landing was real, but I see a time coming when people will not be able to trust their eyes due to deep fakes.

What do you think?

Let me know in the comments section below.