Recessions are Good

Recessions are good.

You wouldn’t know that by listening to the mainstream media. They think recessions are bad.

It’s a good thing the media is not in charge of the human body. If it were, your body would never sleep.

Sleep is good.

Recessions are good.

Sleep gives your body time to repair itself. It gives the body the opportunity to focus on ridding itself of the excess toxins that have built up in the body.

When you are asleep, your body is in a relative state of inactivity. In other words you’re not continuing to build up those toxins.

What’s wrong with that?

Did you sleep last night?

What happens if you only sleep two hours per night?

Just as a body needs to sleep, so does an economy.

A recession gives the economy the time to rid itself of its toxins.

The toxins are the hucksters, scammers, and con-men who flourish in times of expansion.

The toxins are also those unfruitful projects that are undertaken when cash is flush.

When times are good, hucksters thrive.

Ponzi scheme artists like Bernie Madoff did very well when the economy was good.

When the economy goes south and cash is tight, Ponzi schemers don’t have the income in cash from new investors to pay off the old investors.

Thus the scheme fails and is ultimately exposed.

That’s a good thing.

Another good thing that happens in a recession is that because money is tight, companies start cutting back on all the unnecessary unfruitful expenses.

You do it as a person, and companies do it on a company level.

Just as you may get rid of your gym membership, or your HBO membership when times are tight, companies get rid of all the stupid things that they invested in – such as self-driving cars.

Apple got involved in self-driving cars. What did Apple know about the automobile industry? Nothing.

Why did they get involved? Because everybody else was getting involved, because cash was flush, and because everyone else was stupid and hadn’t thought it out.

Perhaps Apple was told that the train was leaving the station, and that they weren’t on it. This is a popular expression on Wall Street. You will hear this one a few times in your career.

Ah, yes, the fear of abandonment; it works every time.

Well, it would’ve been prudent to ask where the train was going to.

When a recession hits, Apple will be forced to jettison this stupid idea.

This is a good thing.

When times are tight, you focus on what is essential.

You tighten up your game.

You invest your resources in your core business.

You stop getting involved in things in which you have no business being involved.

The end result is that once again you become a lean, mean, fighting machine.

When everything gets tightened up, and you improve your game, magically you wake up and are refreshed and ready to fight even stronger than you were before.

And all of this was made possible by sleep or in the case of an economy a recession.

Recessions are not bad things.

Recessions are necessary things.

Recessions are good things.

Never be scared of a recession. It is a necessary part of life.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved

All in on Bitcoin

I’ve spent some time today listening to Peter Schiff talk about Bitcoin and his arguments against this particular cryptocurrency.

To begin with. I like listening to Peter Schiff. He’s one of the few economists out there who is able to communicate effectively without devolving into eco-babble.

That’s probably why he has been a successful author.

He has an engaging personality.

Nevertheless I disagree with his arguments against Bitcoin.

I will go over a few of his arguments with my comments.

Number one, he says that Bitcoin is not unique. He states that anyone can make a cryptocurrency. This argument is as valid as saying that anyone can make a burger.

Yes, this is true, but not everyone can be McDonald’s.

McDonald’s is a multi-billion dollar corporation because they have figured out a way to make a reliable burger that is tasty. McDonald’s value also comes about because they invest a tremendous amount of money in advertising.

This is Bitcoin‘s primary advantage. They were there first, and they are always in the news.

That’s a big advantage. That’s why they’re number one.

If Ethereum had been first out of the block, they would have been the primary cryptocurrency.

The same could be said of Polkadot or Cardano.

But they weren’t. Bitcoin was first.

Secondly, Peter Schiff makes the argument that there is no value in Bitcoin.

He says that you can’t eat it like a commodity. You can’t wear it like a piece of gold. It doesn’t provide interest as a bond does, nor does it provide a dividend as a stock may do.

All of this is true. And yet it is not true.

Bitcoin does have value in that it provides a store of value. That’s what Bitcoin is. It is nothing more than a giant ledger that is distributed out on thousands upon thousands of servers around the world.

The whole point of Bitcoin is to provide a standard which cannot be inflated by man.

Peter Schiff points to the wild swings in Bitcoin as evidence that it is a pyramid scheme.

He sees those wild swings as evidence that Bitcoin is nothing more than a scam in which the early investors sell to the suckers who come in later.

Well, perhaps to a certain extent that is true. I don’t doubt that there are people who are cashing in their winnings.

But isn’t that also true of the stock market?

I’ve listen to Jim Cramer for years now, and he is always advising people to sell high and buy low.

That’s just human nature.

But does that mean that the stock market is a pyramid scheme?

Not necessarily, although I do believe it is. Ha ha.

I suppose if we look at the stock market and Bitcoin as a market place where early investors sell high and make a profit, we can view it as a pyramid scheme.

But that doesn’t mean that everyone is viewing the stock market or Bitcoin in that way.

There are many people who are investing in Bitcoin because they are tired of fiat currency destroying the value of their money.

There are many people who are investing in Bitcoin because they feel that the ledger that is Bitcoin will grow in value as more people come on board.

That’s one of the reasons why Bitcoin is increasing in value.

Bitcoin is increasing in value because more and more people are buying into the concept of this distributed ledger as a means of safeguarding their money.

Just as McDonald’s increases in value through goodwill, that intangible asset that signifies that this company provides a valuable service, Bitcoin is also increasing in value through goodwill.

That’s part of the reason why Bitcoin exploded in value.

Nevertheless, Peter Schiff demeans Bitcoin while extolling the value of gold.

To begin with, gold is not all that useful a metal when it comes to industry. Silver is the far more useful metal. Gold is used more for ornamental value – jewelry.

Yes, it’s true you can’t wear Bitcoin like you can wear gold.

However, Bitcoin is far more useful as a fungible asset than gold.

I don’t want gold bars being shipped to my house. I don’t want to have to worry about someone stealing my gold bars.

I don’t fully trust these gold funds either.

Bitcoin is attractive to me because I can purchase it on my phone and I can access it readily. If I want to dispense of it I can do that also, and I can do that very easily. That makes Bitcoin extremely useful and therefore valuable to me. Actually, it makes it more attractive and more useful than gold.

These are the reasons why I am investing in Bitcoin.

To tell you the truth, after this recent drawdown, I took the rest of my cryptocurrencies and converted them into Bitcoin.

I got rid of everything else. I got rid of Ethereum, Cardono, Polkadot, OMG, Ankr, Dogecoin, Shiba.

I am all in on Bitcoin.

Just so you know, my initial investment was 53,000. Today my value stands at 20,000.

I don’t like taking the hit, but I have to go with my gut.

I don’t think the powers that be will shut down Bitcoin. I think they would be fools if they did.

Bitcoin cannot only serve the needs of the regular people, it can also serve the needs of the rich. The rich need a hedge against inflation also.

Bitcoin will never replace the dollar or other national currencies, nor should it.

In that respect, Bitcoin is necessary and therefore valuable.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved

All In on Bitcoin

I’ve spent some time today listening to Peter Schiff talk about Bitcoin and his arguments against this particular cryptocurrency.

To begin with. I like listening to Peter Schiff. He’s one of the few economists out there who is able to communicate effectively without devolving into eco-babble.

That’s probably why he has been a successful author.

He has an engaging personality.

Nevertheless I disagree with his arguments against Bitcoin.

I will go over a few of his arguments with my comments.

Number one, he says that Bitcoin is not unique. He states that anyone can make a cryptocurrency. This argument is as valid as saying that anyone can make a burger.

Yes, this is true, but not everyone can be McDonald’s.

McDonald’s is a multi-billion dollar corporation because they have figured out a way to make a reliable, tasty burger. McDonald’s value also comes about because they invest a tremendous amount of money in advertising.

This is Bitcoin‘s primary advantage. They were there first, and they are always in the news.

That’s a big advantage. That’s why they’re number one.

If Ethereum had been first out of the block, they would have been the primary cryptocurrency.

The same could be said of Polkadot or Cardano.

But they weren’t. Bitcoin was first.

Secondly, Peter Schiff makes the argument that there is no value in Bitcoin.

He says that you can’t eat it like a commodity. You can’t wear it like a piece of gold. It doesn’t provide interest as a bond does, nor does it provide a dividend as a stock may do, or at least used to.

All of this is true. And yet it is not true.

Bitcoin does have value in that it provides a store of value. That’s what Bitcoin is. It is nothing more than a giant ledger that is distributed out upon thousands upon thousands of servers around the world.

The whole point of Bitcoin is to provide a standard which cannot be inflated by man.

Peter Schiff points to the wild swings in Bitcoin as evidence that it is a pyramid scheme.

He sees those wild swings as evidence that Bitcoin is nothing more than a scam in which the early investors sell to the suckers who come in later.

Well, perhaps to a certain extent that is true. I don’t doubt that there are people who are cashing in their winnings.

But isn’t that also true of the stock market?

I’ve listen to Jim Cramer for years now, and he is always advising people to sell high and buy low.

That’s just human nature.

But does that mean that the stock market is a pyramid scheme?

Not necessarily, although I do believe it is. Ha ha.

I suppose if we look at the stock market and Bitcoin as a market place where early investors sell high and make a profit, we can view it as a pyramid scheme.

But that doesn’t mean that everyone is viewing the stock market or Bitcoin in that way.

There are many people who are investing in Bitcoin because they are tired of fiat currency destroying the value of their money.

There are many people who are investing in Bitcoin because they feel that the ledger that is Bitcoin will grow in value as more people come on board.

That’s one of the reasons why Bitcoin is increasing in value.

Bitcoin is increasing in value because more and more people are buying into the concept of this distributed ledger as a means of safeguarding their money.

Just as McDonald’s increases in value through goodwill, that intangible asset that signifies that this company provides a valuable service, Bitcoin is also increasing in value through goodwill.

That’s part of the reason why Bitcoin exploded in value.

Nevertheless, Peter Schiff demeans Bitcoin while extolling the value of gold.

To begin with, gold is not all that useful a metal when it comes to industry. Silver is the far more useful metal. Gold is used more for ornamental value – jewelry.

Yes, it’s true you can’t wear Bitcoin like you can wear gold.

However, Bitcoin is far more useful as a fungible asset than gold.

I don’t want gold bars being shipped to my house. I don’t want to have to worry about someone stealing my gold bars.

I don’t fully trust these gold funds either.

Bitcoin is attractive to me because I can purchase it on my phone and I can access it readily. If I want to dispense of it I can do that also, and I can do that very easily. That makes Bitcoin extremely useful and therefore valuable to me. Actually, it makes it more attractive and more useful than gold.

These are the reasons why I am investing in Bitcoin.

To tell you the truth, after this recent drawdown, I took the rest of my crypto currencies and converted them into Bitcoin.

I got rid of everything else. I got rid of Ethereum, Cardono, Polkadot, OMG, Ankr, Dogecoin, Shiba.

I am all in on Bitcoin.

Now, with that stated let me make one more point. Gold was not chosen as a standard for money in years past because it was flashy, useful, or had a return on the dollar.

It was chosen because it was rare. It couldn’t be suddenly inflated. And it was unlikely to be thrown in trash.

Bitcoin shares those qualities. If administered in an uncorrupted manner Bitcoin can work for everyone.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved

I Support the Founding Fathers, Old and New, Those Traitorous Insurrectionists

Are you one of these people who condemns the January 6 insurrection?

Are you a wimpy, wussy bitch like Sean Hannity who condemns the invasion of the Capitol?

Not me.

Are you sick and tired of these pseudo-conservative cowards who constantly egg people on to do something about the unfairness in society, and then, when the people act, condemn what they do?

Why should any of us condemn what those brave insurrectionists did on January 6?

Do you condemn the American colonists and the Founding Fathers for standing up to the British?

They would’ve been hung, you know, by that tyrant and motherfucker, King George, if they had failed. That’s what British monarchs did.

They also impaled their insurrectionists on poles outside the city of London up until the 1800s, not too long ago.

Oh, you say, it’s not the same thing. You can’t compare the Founding Fathers and the insurrectionists on January 6.

Oh, yes, it is the same thing.

It’s exactly the same thing.

That’s why I don’t condemn what the insurrectionists did.

Yes, I know the protesters were goaded into entering the Capitol building. I hear you, babe. They were.

Nevertheless, they were breaking the law. Even though it was a set up, they were breaking the law, and they knew it.

So fucking what?

The American colonists who rebelled against the British were breaking the law also.

Newsflash! The British were the law in America in the early 1700s.

The American colonists were not rebelling against a foreign invading force.

The British were America.

The joint was called British America.

There was no United States of America at the time.

What the people who entered the Capitol building on January 6 did was the same thing that the American colonists did against the British: they were rebelling against the existing law and order.

Hello!!!

If you are going to condemn the insurrectionists on January 6, then you must also stand against Thomas Jefferson, James Madison, Benjamin Franklin, George Washington, and, yes, even the scoundrel, Alexander Hamilton.

You can’t have it both ways.

If you are going to condemn the insurrectionists on January 6, then you must condemn the Boston Tea Party.

That’s what that little wussy bitch, Sean Hannity, doesn’t understand.

That’s what that other coward, Tucker Carlson, doesn’t understand.

They fall all over themselves in condemning the insurrectionionists on January 6.

We must renounce violence, they speak in grave, measured tones.

Is that a fact?

Did George Washington renounce violence, Sean Hannity?

Did Thomas Jefferson renounce violence, Tucker Carlson?

Did James Madison renounce violence?

Did Alexander Hamilton renounce violence?

Did Betsy Ross renounce violence?

No, they did not. So why do Tucker Carlson and Sean Hannity renounce violence?

Wait a minute, here’s Oprah Winfrey.

Oprah Winfrey says in low measured tones that we must renounce violence. Her puppets nod approvingly.

Wait a minute, Oprah. Did Nat Turner renounce violence?

No, he did not. He led a slave rebellion. Would you prefer that he have renounced violence, as you recommend, and become a coward in the face of injustice?

I doubt it.

So then why do Sean Hannity and Tucker Carlson renounce violence?

Could it be that they are, after all, corporate stooges who are more interested in their own pocketbooks.

Yes.

They renounce violence and denounce the January 6 insurrectionists because they want to keep their television shows. They don’t want to risk anything for American freedom.

They are stone cold cowards hiding behind their mommy’s skirt.

They are betrayers of the American experiment.

I support the insurrectionists 100%.

I am glad they invaded the Capitol building.

They are not American villains. They are American heroes.

That fucking Congress and those fucking elites stole an election. Moreover they betrayed the American people.

They stole the election for Joe Biden just as they stole the election for George Bush 20 years prior. Ha ha, Democrats. Ha ha, Republicans.

Our leaders have been betraying the American people for the last 100 years.

We’ve had nonstop war in this country. We’ve had outsourcing of jobs.

We have inflation out the ass. We have homeless rapidly filling our cities. Drugs and crime abound. Instead of well paying jobs we have gambling, celebrity culture, cheap gossip, and tattoos.

Instead of quality education which encourages students to think critically and learn, we have standardized tests which encourages rote memory and blind obedience. Is it any wonder that children are stressed out? Teen suicides are on the rise. Preteen suicides are on the rise. School shootings are now the norm.

We have had nobody sticking up for us.

Why would I want to go against those people who had the guts to do something about it?

I’m not going to fall over myself trying to condemn them. I’m going to announce my support for them.

They are not the ones who should be in jail. The ones who should be in jail are the very representatives who betrayed American values and who sold their souls to Corporate America.

There, I said it. And I’m not apologizing.

Fuck you, Sean Hannity, you amazing coward.

Ditto to Tucker Carlson.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved

Winning is Everything

The Johnny Depp Amber Heard trial was over before it began.

She had no chance.

It’s a testament to the mob rule system of justice that our corporate media has created.

The goal is to win at all costs. Winning is everything to these fools. The truth means nothing.

What social media did was create a climate in which the jury had no choice but to rule in Mr. Depp’s favor.

The facts made little difference.

The jury does not live in a vacuum.

Regardless of the judge’s instructions, it’s impossible for the jury to not feel the pressures of the world in which they live.

The trial was broadcast everywhere.

The jurors themselves had to go home at night. They didn’t sleep in the court room.

How could they escape the relentless pressure of guilt that was ascribed to Amber Heard?

They could not.

Every single video on YouTube was relentlessly slanted against her.

We were told time and again that she was not really crying, that there were no tears, that her defense attorneys were out-matched, that Ms. Vasquez’s performance was so stunning.

Clearly this was an orchestrated attempt to create a climate of conviction against her.

The media is laughing at us.

It was an experiment to prove that they could arrive at any verdict they desired to obtain.

No juror could withstand the peer pressure of millions of people who were convinced of Amber Heard’s lies.

It’s no surprise that one of the jurors has spoken out about Miss Heard’s crocodile tears.

Facts meant nothing to this fool.

The wailing of Mr. Depp on an airplane. The smashing of cabinets in a video. His own description of himself as a monster. The destroyed furniture in the house. His past history of trashing a hotel room. His past history of never being able to keep a spouse. His former girlfriend’s description of him as a very jealous man. His own description of his childhood as abusive. His unrelenting addiction to drugs. His tardiness on a movie set in which hundreds of professionals were kept waiting. His audio-taped abuse of his wife, Miss Heard, in which he refers to her as fat ass.

Apparently none of this was taken into consideration. The only thing that counted was the fact that Ms. Heard did not shed tears.

Or maybe what bothered the juror was that she simply didn’t sound believable.

It might’ve been that she didn’t have the acting skills of Johnny Depp.

Amber Heard is not a method actor. And as her acting coach explained, it’s very difficult for a non-method actor to re-create tears.

It’s also possible that Ms. Heard, herself a victim of abuse as a child, had instinctively learned to be more stoic in life and less likely to exhibit emotion.

Perhaps Ms. Heard was attempting to maintain some control on the witness stand and could not fully psychologically go down the road of recreating that pain that she had suffered.

There could’ve been a million and one reasons why she wasn’t able to exhibit tears.

I did notice though that her eyes became red on at least one occasion.

Emotion is not just about tears. It’s a sympathetic response that produces congestion in the nose, redness in the eyes, and sometimes tears.

But it shouldn’t be the sole determining factor in guilt.

Sometimes it’s difficult to be emotional about events that have happened five years and ten years in the past.

We’ve become accustomed to the pain. We’ve moved on.

Unfortunately, she had a jury of boobs who didn’t have the mental maturity to understand that they had been programmed by a relentless media that was slanted against her.

It was a jury of gutless autograph hounds, bandwagon hoppers, cowards to the max.

They joined the raging mob screaming for the release of Barabbas.

That’s what was going on in that trial.

That is why the jury ruled against her.

She had no chance at all.

The trial was over before it began.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved

What’s Going on in Sri Lanka

Sri Lanka is exhibiting a crisis. 

What is the crisis, and why are they experiencing it?

The main problems that Sri Lanka is suffering are shortages and severe inflation.  Savings are being wiped out through inflation.  Commodities are hard to come by.

Why are they experiencing this crisis?

Primarily through government mismanagement.  Secondarily through bad luck.

Sri Lanka’s economy depends upon the following:

  • Rice exports
  • Tourism
  • Foreign Remittances (Sri Lankans working abroad sending money back home to mom)

A nation’s economy is like a person’s economy.  You have to take in enough money to pay for things.  If you take in a lot of money, you can buy a lot of things and times are good. If you don’t take in any money, you can’t buy anything and times are bad. 

It’s very much like losing your job: you’re broke.  

What happened to Sri Lanka is that three things came together about the same time to do damage to their economy.

A few years ago, the government decided to go organic with regard to fertilizers.  They listened to the hippies and wanted to be the first country to be “chemical fertilizer free”. When they did that, the yield of their crops plummeted. They therefore didn’t have enough crops to sell.  The result was that net income for the economy went down.

Then there was the pandemic. When the pandemic hit, tourism obviously plummeted. In addition to that the pandemic forced closure of borders worldwide. Sri Lankans who work outside their own country and then sent money back to the country through foreign remittances were unable to do so.

Thus, plummeting exports, decreased tourism, and decreased foreign remittances plunged the economy of Sri Lanka into chaos. The government and people didn’t have enough money coming in, and their country wasn’t resilient enough to be self-sufficient; consequently, Sri Lanka had to borrow money to stay afloat.

It’s like when you want to eat and you’re broke. You have to put money on the credit card.

Of course, Sri Lanka had been borrowing money before the pandemic, before these crises, but now they had to borrow more.  

The problem that Sri Lanka faces now is that the people of the world now know that Sri Lanka is a debtor nation and unable to pay.  Consequently, they are unwilling to loan more money or even sell them goods.  Thus the shortages.

It’s kind of like when you run up a tab at a store and never pay.  Sooner or later the store is going to cut you off.

Here is a nice picture that depicts trade balance and what it does to a nation.

When you have shortages in the economy, the price of the goods goes up. It goes up because you have, relatively speaking, too much money chasing a smaller amount of goods.  

In other words, the price of gasoline and food goes up.

When the price goes too high, the people become unhappy. They start to assemble and riot.  Other countries notice this and become frightened. They wonder whether they should continue to sell there.

What most governments do in a time of crisis like this is to devalue their currency.  Essentially what the nation does is print up lots of paper money so as to give to the people.  That way they can afford things.  In addition, devaluing the currency makes it easier for foreign countries to buy your products.  That’s because their (the other country’s) currency has greater purchasing power for your goods.

Of course, other nations are watching what is going on. They see that the currency of Sri Lanka is being devalued.   They are not interested in that because when a country devalues its currency, it becomes more difficult for the people of the country where the currency is devalued to buy foreign products. 

Here is a diagram that demonstrates the effects of devaluing or depreciating a currency.

Of course, devaluing the currency is only a short term band-aid.  Devaluing the currency only leads to further devaluation.  It’s like a dog trying to catch its tail.  The harder the dog runs, the more its tail slips away.

What is needed is often what leaders reluctantly engage in: Thought.

Sri Lanka’s leaders needs to sit down and think about its economy. They need to ask themselves where they want to be five and ten years down the road. They need to ask themselves what type of economy will work for the people of Sri Lanka.

Is it sustainable to rely principally on tourism and foreign remittances?  Most countries that rely on tourism are generally poorer countries.  Foreign remittances put you at the mercy of another nation.  In that scenario you are not an owner, but an employee.

Is it possible for Sri Lanka to be more self-sufficient? Can Sri Lankans do for themselves what others will not?

Sri Lanka’s crisis is illustrative of the problems with globalism as it currently exists.  A more self-sufficient country can help immunize Sri Lanka against the breakdown of communication channels with other nations such as what occurred with the pandemic.

The answer is not to borrow your way out of the problem. Should Sri Lanka decide to borrow their way out through the IMF, they will put themselves in a dependent position.  Further compounding the problem is that the IMF is run by crooks who play hardball.  

If Sri Lanka goes the way of the IMF, the IMF can start dictating the shots in Sri Lanka.  They can impose austerity measures; they can influence elections; they can rape Sri Lanka for centuries. 

Currently, many people from Sri Lanka and India are angry at the Chinese because the Chinese refuse to restructure Sri Lanka’s debt to China. Maybe the Chinese know something that the people of Sri Lanka do not:  It’s better to eat the pain now and pay your debts.  Doing so will force the leaders of Sri Lanka to rethink their economy.

Furthermore, why should China restructure the debt until they see that Sri Lanka has made substantive reforms in their policy?  Restructuring Chinese debt without substantive change only kicks the can down the road. In fact, it puts Chinese investment in greater peril.

So what would I recommend for Sri Lanka to get over the short term crisis.

  • Slow pay your current debts. Paying something is better than paying nothing. 
  • Sell off the Gucci shoes and unnecessary assets.
  • Get rid of HBO and other luxury expenses.  
  • Pay off the debts that have the lowest balances yet biggest monthly payments.  What you want to do is restore gain – the ability to take in more than you play out.
  • Ramp up production. You have to go back to work.
  • Sell future tourism packages on the cheap today.
  • Sell future rice today on the cheap.
  • Sell some real estate.
  • License out your minerals.
  • Slowly, slowly, slowly take money out of circulation.  This can be accomplished by raising interest rates which effectively sequesters money away inside banks.
  • Start sharing amongst your citizens.  Everybody has to be in this together.

Above all, do NOT borrow your way out of debt. Do not let those fuckers at the IMF get their hooks into you.

Archer Crosley

Copyright 2022   Archer Crosley   All Rights Reserved

Rollercoasters and Renoir

Hey, cryptocurrency enthusiasts, are you enjoying the ride?

Are rollercoasters too scary for you?

I am afraid of rollercoasters. I don’t like them, at least not the modern day rollercoaster.

I don’t want to die.

But this rollercoaster is different. I don’t feel the fear. I have an odd sense of calm.

I am enjoying this rollercoaster ride that our criminal elite are dragging us along on.

Thank you, Buffett.

Thank you, Munger.

Thank you, Diller.

Thank you, criminal elite.

Thank you, Vox Nazis.

The other day I checked my Coinbase portfolio (spread over various cryptocurrencies but principally Bitcoin, Ethereum and Cardano). It was worth about $23,000 which is down $15,000 from when I first invested.

My Cashapp portfolio of Bitcoin was worth about $7500. I figured that was down about 25% from when I first purchased. I beefed it up $2000 by buying more Bitcoin at 30,000.

In total then I am down about $18,000.

So what am I going to do?

I’ve already fixed my bayonet.

I am ready to go down for the ten count.

Today is a good day to die.

Come and get me, Munger.

I’m not selling because I believe in the legitimacy of cryptocurrency. And I think our elite criminal class does also.

So I’m going to keep my Renoir paintings.

That’s the way I look at cryptocurrency right now. I view crypto the same way that art aficionados viewed impression art in early 1900s.

While most people didn’t understand the art and perhaps degraded it, a few savvy investors did like it and brought it up.

Those people did pretty well.

They were able to see the potential in this new way of painting. They saw it as something different and something exciting.

They thought that it had legs, and they were right.

That’s the healthy way to look at crypto.

Yes, there are many cryptocurrencies and many coins out there today, and it can be daunting, but there were many impressionist paintings being pumped out one hundred years ago.

I’m sure the art scene was overwhelming to the senses. There was good art, and there was bad art.

Just as there are many detractors of cryptocurrency today, there were detractors of impressionist art over 100 years ago.

The detractors of cryptocurrency use the term shit coins; over 100 years ago they used the term shit art.

And most likely, there was a lot of shit art out there.

But there was a lot of good art too.

And that’s why I’m keeping my Renoir.

You could pick up these Renoirs and van Goghs for practically free when they were being painted, which is the stage that crypto is at now, but that’s not going to be the case 50 and 75 years from today.

So, what I recommend is that you view crypto in the same way you would view an impressive painting if you were walking along the bank of the Seine river in Paris 100 years ago.

You spot a little man, perhaps a deformed man, who wants to sell you a painting. You look at him and his art in a bemused manner. He says that his name is Toulouse and that he will sell you the painting for $25 in 2022 currency.

The painting catches the eye, although you are not sure precisely why. You decide to buy because it is within your budget. Your friends who are accompanying you tell you that you are throwing your money away, but you conclude that you have that money to throw away.

Your friends plead with you. They quote the art authorities of the day who have derided this type of art as shit.

You buy.

That’s what I recommend that you do now. Buy a little crypto.

I know the roller coaster ride is pretty rough right now, and I think it’s going to get rougher.

I’m going to hold tight though.

I am ready to die in this battle.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved

Harvard and God

Where did Harvard go wrong?

First things first. Harvard is not a group of nutty professors sitting around a living room in beatnik clothes entertaining Che Guevara and the leader of the the Shining Path Guerillas.

Harvard today is much more ruthless than that.

Harvard’s primary ruling board known as The Corporation is a group of the most malicious, overachieving, greedy money-accumulators the world has ever seen. They put Crassus to shame.

And therein lies where Harvard went wrong.

Harvard walked away from God. Harvard put its faith in profits.

Harvard placed its faith in Oxford.

Harvard placed its faith In Criminal Corporate Britain.

Harvard brags about its endowment.

Harvard brags about its library.

Harvard brags about its movers and shakers.

There is scarcely an item on the face of the earth that Harvard does not brag about.

Christ is about humility.

Harvard displays anything but humility.

Its graduates feast on pheasant and fine wine even as homelessness abounds around it.

To assuage its guilt, it gives forth dimes in order to get the ball rolling to fight the racism and the poverty that it has created and encouraged.

In reality, its proper payment is the forfeiture of its entire wealth.

Harvard brags about its Rhodes scholarships.

Harvard cozied up to the bigot and racist, Cecil Rhodes, who raped Africa and then set up his scholarship in order to rope America back into the British sphere of influence.

On its 350th anniversary, Harvard invited the British pig and criminal, Prince Charles, to speak.

Harvard’s dream is the dream of Criminal Corporate Britain, to make America the Dickensian-Twistian workshop that they had initially intended it to be.

Harvard betrays America. Harvard betrays God.

Harvard is the antichrist.

Harvard leads the way in eliminating the terms AD and BC.

Harvard wants you to use the terms CE and BCE instead.

Make no mistake about it, Harvard rules the media which pushes forth this canard.

Yes, that’s right, Jesus Christ, nothing to see here, speed bump in history, keep moving.

As a Christian, I don’t ask you to join the Christian church. I don’t demand that you join the Christian church. What I do ask, what I do demand, is that you recognize that there was a person and a philosophy named Jesus Christ, and that he was here, and that people used these terms AD and BC to denote the influence that his philosophy had upon our world.

Harvard would deny you that.

Spare me the blather and bullshit from Vox and the Daily Beast. Here’s what we know …

No, Mr. Goebbels, here is what your propaganda is.

Harvard is the antichrist in every sense of the word.

Harvard defeats Christ.

Harvard is the enemy of Christ.

Christ is not merely a symbol of a fuzzy afterlife.

Cristianity allows no interlocutor between man and God.

That’s the scientific genius behind Christianity. That’s why the powers that be despise Christ. Christ being one with God allows you to access God without the scum who pretend to be the interpreters of God.

This bothers the elites. This bothers Harvard.

It bothers the elites because they need to control the religion in order to fight their useless wars which only serve to enrich them.

That’s why the elites enlist the reverends and the preachers to support their immoral wars. That’s why prayer breakfasts exist.

Billy Graham never saw a war that he didn’t support. He was promoted by the Harvard-controlled media in order to control you.

This is how the CIA defeated Arbenz in Guatemala. They spread their lies through the Catholic Church to convince the people that Arbenz was going to destroy them.

The pigs in charge understand that Jesus did not arrive on earth to promote war. To get around that, they co-opt the leaders of Christianity in prayer breakfasts to support their wars.

That’s what the religious right is all about.

They all work for Harvard. They all suckle at Harvard’s teat.

They all take Harvard’s gifts. They get trips on Air Force One. They get private audiences with the President. They get prime time television spots which ultimately serve to enrich their ministries. In short, they get a first class ticket on the jet.

With that first class ticket, they forfeit their Christianity. They join the pagan religion.

Harvard has defined a new God, the pagan god of money and power, and has set itself up as the pathway to that God.

Harvard must be defeated.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved

Causality and Harvard

What is causality. Causality they say is not necessarily two things sitting in conjunction with each other, yet police departments often use the principle of conjunction to convict people.

If you kill your wife, and you have her blood on your clothes, that is a form of conjunction.

If you have purchased a life insurance policy for $2 million on her life, and the life insurance policy pays you $2 million after her death, that is a form of conjunction. If you have cheated on your wife with another girl, that is also a form of conjunction.

In both these cases your dead wife is a stepping stone to your future happiness. We call this motive, but it is really a form of conjunction.

If your wife is killed by an ice pic, and you happen to have an ice pack in your dresser drawer, that is a form of conjunction. We call that means.

The more of these conjunctions, and types of conjunction, that we can find, the more secure we feel in convicting the individual.

In none of these cases do the police have a movie camera of you killing your wife.

Conjunction seems to be everything when establishing guilt. It’s really a matter of degree.

It would be great if we could have a movie camera, but even if we did have a movie camera, people would still challenge the authenticity of the movie camera.

A movie camera even in itself shoots a series of still shots.

The reason we trust a movie camera, is because the amount of time between still shots is so small.

There is no other feature to causality except the degree of conjunction.

Now, if we can find elements of each piece of the puzzle on the other piece, then we can feel better.

For example, if the blood spatter of the dead wife is found on the clothes of the husband, while DNA material of the husband is found on the wife, that can indicate a greater degree of conjunction.

Of course, even that can be challenged, but the more evidence we have of that, the greater degree of confidence we have.

Discussions of statistics as they pertain to causality do not necessarily apply to cases of murder and crime. They are not the same thing.

A crime only happens one way. You can use statistics to aid you, but statistics is an aid, nothing more.

So let’s apply these principles to Harvard University and the death of America.

The question is this: Is the so-called innocent Harvard graduate who practices medicine in a medium sized town out in the middle of nowhere guilty of destroying America?

Yes.

Clearly, he graduated from Harvard University. More than likely he put a diploma from Harvard on his wall in order to let everybody know that he went to Harvard and is therefore one of the “good” doctors.

He helps sustain and nurture the idea of Harvard as a benevolent and good university. And that is because he does do good things.

So what? There were good Germans. We know there were good Germans because Viktor Frankl told us so.

Those good Germans did not prevent us from attaching complicity to the German people.

The German people looked the other way as the Third Reich grew in power and began committing all sorts of harm to Jews, Poles, and Russians.

The Third Reich killed millions upon millions of people.

The German people looked the other way.

It wasn’t a matter of them just not knowing, they didn’t want to know.

And so it is with the Harvard graduate.

Those of us who have been alive for the last 60 to 70 years know full well that the United States has declined as a society in this period of time.

There are many social ills that did not exist to such an extraordinary degree 75 years ago.

We can also notice that the power of Harvard University has increased substantially in that period of time.

Harvard University, like a malignancy, now invades all our major institutions, corporations, associations, sports leagues, media, entertainment, government, and NGOs.

In summary, Harvard, which leads the Harvard Cabal, is directly correlated to the social ills that exist in society.

There is a direct positive correlation.

At the same time, we have noticed that the Harvard graduate has enriched himself beyond all comprehension.

Harvard ideas permeate our national institutions. We can see time and again how Harvard’s ideas take hold.

Critical race theory, the relative value scale in medicine, evidence-based medicine are all ideas that came out of Harvard University.

They are all bad ideas.

Harvard’s idiotic ideas helped prolong the Great Depression. Harvard and its lieutenants at Columbia University formed the Brain-Dead Trust which Roosevelt relied upon to create artificial shortages.

Harvard continued its calamity during the Vietnam war when Harvard graduate Robert McNamara fought a war based upon statistics. Rules of engagement was used as a tool to prolong war in order to maximize profits for corporations.

Additionally the same Robert McNamara engineered a genocide program for mentally disabled young men when he instituted Project 100,000.

Robert McNamara sent men with IQs between 50 and 80 to fight in Vietnam. They had five times the kill rate of a regular soldier. That makes Robert McNamara a war criminal.

Harvard attendee Bill Gates got together with fellow Ivy League graduate Anthony Fauci to engineer harmful policies in the battle against COVID-19. Their policies prolonged the COVID-19 pandemic, destroyed small business, and waged genocide amongst the elderly people. The government benefited by saving billions on Medicare and Social Security. Corporate America was able to get rid of its competitors in small business. The COVID-19 pandemic was nothing more than an attack on the American people.

Harvard graduate, Barack Obama, did nothing for black people except use their face as a steppingstone to get to his fancy mansion on Martha’s Vineyard. The desperation of black people in the inner city has exponentially increased. He helped label and slander America as a racist society. He didn’t do anything for student debt. He didn’t create a decentralized healthcare marketplace which would have decreased costs. He didn’t stop the relentless merging of corporations. He didn’t stop the nonstop wars in the Middle East.

His successor and fellow Ivy League graduate, Donald Trump, didn’t do anything either.

Ditto to George Bush, Yale graduate, the predecessor to Barack Obama. These Ivy League graduates, made America worse. They made America weaker.

They wasted America’s time.

Bill Clinton, Ivy League graduate, and George Bush, Yale graduate, created the conditions that resulted in the subprime mortgage crisis. Their Ivy League friends on Wall Street aided and abetted the subprime mortgage crisis.

To solve the subprime catastrophe in 2008, these Ivy League men didn’t bail out the American people; instead, they bailed out their wealthy Ivy League banker friends. In so doing they impoverished the American people to an even greater degree. They did this by inflation.

They continued to do damage through quantitative easing which represented a net transfer of wealth from the poor and middle-class to the rich.

None of these Ivy League Presidents, led spiritually by Harvard University, did anything to solve homelessness. Nor did they do anything to solve the problem of school violence.

You diminish school violence by changing the culture, by speaking out against the violent video games, the violent movies, the superstar movies which promote helplessness and savior syndrome, the ludicrous superstar culture which again promotes helplessness amongst youth, and the drug culture,

You diminish school violence by speaking out against standardized testing which puts too much pressure upon children. Standardized testing stifles creativity while selecting out and encouraging obedient regurgitation. Additionally, standardized testing stratifies children, gives them a score and thus labels them as either geniuses or losers.

Your Ivy League Presidents engaged in none of this discussion as it is in Corporate America’s best interest to maintain the American people – heavily sedated by photo shoots of people like the Kardashians, Nick Lachey, and Johnny Depp – as brain-addled serfs on its consumer plantation.

There can be no question that the Ivy League, led by Harvard University, was in charge of our nation.

Their leadership is as horrible as the worst leadership under any king or queen from centuries prior.

There is a positive correlation between the power and control of Harvard University and the calamity that has befallen the United States.

The regular Harvard doctor who sits in a small town in the middle of nowhere, with his Harvard diploma on his wall, sustains and nurtures the idea of Harvard as a benevolent university and good force in the world.

Through his inaction, he looks the other way. He doesn’t want to know about the crimes of Harvard University.

Therefore, that doctor is complicit in the crimes of Harvard University as surely as the German people were complicit in supporting the Third Reich.

It’s not just a case of the doctor not knowing of the crimes of Harvard University, that doctor doesn’t want to know the crimes of Harvard University. He looks the other way.

He doesn’t want to know.

And with that stated, let’s look at causality a different way. Let us assume that causality is not what we think it is. We think we live in a world of separate items, but what if we do not? What if everything is connected? What if causality is a given for everybody? What if we have to prove separateness?

Thank of causality as a block of stone from which Michelangelo is carving out the Pieta. Michelangelo is carving out the spaces. What is left is true causality.

Causality then becomes not a binary event of yes or no, but a graded slope from 0 to 100.

Could I, Archer Crosley, prove separateness when it comes to all the calamities that have beset the United States of America?

That’s an easy one. I’ve never been anywhere near the halls of power. I am not an elected official. I don’t have the kind of money that can influence votes. I don’t make Supreme Court decisions. I don’t set policy in the United States. Indeed, I regularly criticize the boobs in power for their misguided policies.

How about Harvard University?

You tell me.

Are they near the halls of power? Are they near the decisionmakers?

I think that’s an easy one also. They are.

How about the regular Harvard educated doctor who sits in his office in the middle of nowhere? What complicity does he share? Can he prove his separateness?

As you can see the answer lies somewhere between 0 and 100. The important point is that there is some connectedness. The regular doctor may not be near the halls of power, but he is certainly connected to the institution, Harvard, that produces the individuals who are near the halls of power.

Through his good behavior, he validates Harvard. People look at him and say, “You see, he’s a good doctor from Harvard. He’s a smart, moral man. Harvard does produce the best and brightest. They wouldn’t hurt us. They wouldn’t have evil intent.”

He’s very much like those German people who supported the Third Reich.

Now, in this discussion I’ve used a Harvard educated doctor. That was an arbitrary choice. I could easily have used a Harvard collaborator, one of the many puppets and serfs Harvard has programmed to do its cheerleading.

It’s not necessary that the doctor in this example graduate from Harvard. He only needs to buy into Harvard’s tyranny and criminality. I am sure you have met a few of these people. They are ubiquitous.

Many years ago I was listening to a sports talk show out of Philadelphia in which this one caller was talking about the work ethic of the Ivy League. He was trying to justify the superiority of the Ivy League graduate.

He went on and on about the work ethic of the Ivy League graduate. Apparently, in his mind, Ivy League graduates work harder than other people.

Work ethic, huh?

I wonder if this caller ever once considered the work ethic of the average working man who works two jobs in order to support his family. He has to work those two jobs because Harvard scum and Harvard collaborators outsourced well-paying jobs in the 1970s and 80s.

I wonder if the caller ever once considered the work ethic of your average Haitian who has to bust his ass twelve hours a day in order to make five dollars. He only makes five dollars a day in the sweatshops of Levi Strauss because Harvard scum put policies into effect that ensure his perpetual servitude.

How about you, the reader?

How about your work ethic?

It’s your work ethic and the fruits of your labors that the Harvard graduate usurps.

The Harvard graduate is the cause of your demise.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved

The Queen and her Dickensian Workshop

In the week of the Queens Jubilee, it might be important to mention a few things about Elizabeth Windsor.

This is intended for the people of the United Kingdom.

I don’t think you understand the damage the Queen does to you.

She is not a kindly monarch.

She and her family are not a pack of bumbling boobs, a gaggle of comedic public relations officers who can’t stop embarrassing themselves.

The Queen is a powerful instrument of the powers that be.

She, her family and her system of peerage is the glue that holds Criminal Corporate Britain together.

They are a rallying point, a focal point for Criminal Corporate Britain. They keep Criminal Corporate Britain together.

It is Criminal Corporate Britain that rapes you every day of the week through war, wasteful spending, and unnecessary government projects.

You do not profit from empire. You do not profit from Criminal Corporate Britain.

When the Queen is destroyed, Criminal Corporate Britain will be weakened, and that will be good for you.

What lifted you out of your Dickensian workhouse was that your great, great, great, (and possibly greater) grandparent’s brothers and sisters came to America to forge a New World independent of the usurpers in the royal family.

If America had not succeeded, you would still be living in that Dickensian work house.

The freedom and emancipation experienced by your ancestors’s brothers and sisters in America put pressure upon the kings of old. They reluctantly had to give your ancestors liberties in order to retain them in your country.

Naturally, this bothered the king and his criminal henchmen.

You know how full well how evil your leaders are.

You know full well how Boris Johnson reveled in Downing Street parties while keeping you in lockdown.

Our Independence Day is your Independence Day.

When our revolutionary soldiers smoked Lord Cornwallis into the Yorktown turf, you won.

When our revolutionary soldiers defeated King George at Yorktown, you won.

What that defeat represented was the realization and actualization that there existed no inherent superior intelligence or greatness within British nobility.

Your liberation today is being threatened today by our Harvard Cabal that is threatening to destroy everything that our founding fathers built for us and for you.

Our evil Harvard Cabal – American Quislings – work together with the Eton-Oxford-Rhodes Scholar criminal class in Great Britain.

They work through the financial centers of New York and London to re-create a neo-feudalist society where we are all renters.

The battleground today seems to be in America. America, centuries ago, did provide for opportunities that did not exist in your country. That’s why your ancestors brothers and sisters left to come here.

They didn’t leave to take a vacation.

When America was settled, the goal was to re-create the same society in America that existed in your country. What the King and his henchmen wanted was a social caste system where betters rules lessers.

It didn’t work out.

That hasn’t stopped our elite classes from trying to reverse those losses.

That’s what nonstop war is all about. That’s what empire is about. Your elites partnered up with our elites to steal money from all of us, to march around the globe and fight nonstop war.

The Ukraine war is the latest example.

It is a bogus war that exists for no purpose whatsoever except to give money to corporations in order to fight an imaginary enemy.

Billions are loaned out to Ukrainian thugs who work for our elitist crooks in London and New York. These Ukrainian thugs will steal the money and put it in secret offshore accounts controlled by our elitist crooks.

The Ukrainian people will be saddled with enormous debt that they cannot pay back. They will then have to sell off vital assets to our elitist crooks.

The people there will live in slavery and chronic austerity for centuries. To help solve the problem, and keep the problem going, our governments will give massive funding to the corporations that created the mess in the first place. This corporate welfare will dilute our share of the economic pie thus making us weaker.

As enormous amounts of money are spent to keep the conquered nation conquered, the Empire makes the citizens of the conquering nation weaker.

This is what nonstop war is all about. This is why your kings of old were always fighting wars. They weren’t stupid. They figured out that war made them wealthier.

How could the king possibly lose when the regular people were transferring their wealth to the king in order to fight the war.

The United States today is the chief prosecutor of war in the world. It employs your criminal class in its efforts.

Our goal here in the United States is to stop this ruling criminal class from fighting nonstop war.

If we fall, you fall.

If we fall, you will return to the Dickensian work house in all its horrors.

The Queen is an extension of that criminal corporate class that desires that you return to the Dickensian workhouse.

That society today we call neo-feudalism. It is a rentier society. There is no ownership or stake in the game for you.

There you will sit in a passive weakened state, forever kneeling before your betters.

The Queen and her royal parasites are the glue of Criminal Corporate Britain.

She must be destroyed.

She is not a kindly monarch.

She is your enemy.

Destroy her.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved