Riots Across America Are About More Than George Floyd | Crypto Craft

Riots Across America Are About More Than George Floyd | Crypto Craft

Riots Across America Are About More Than George Floyd

From realinvestmentadvice.com

The death of George Floyd was both unjust and tragic. However, his death was the catalyst that lit a powder keg of dissension, which has simmered beneath the headlines for over a decade. While we focus on events that fill our media streams, it is worth remembering Oscar Grant, Trayvon Martin, Manuel Diez, Kimini Gray, and Michael Brown. These events, and many others throughout history, show civil unrest has deeper roots. Pew Research made a note of this in 2017: “The U.S. economy is in much better shape now than it was in the aftermath of the Great Recession. It cost millions of Americans, their homes, and jobs. It ... (full story)

Comments / Top
Subscribe

Jun 2, 2020 6:57am

It is about more than George Floyd. I joined the peaceful protest in Salt Lake City. I was standing there and watched the handful of people that encouraged and took action to turn it into a riot. The signs they held weren't about police corruption and brutality. The signs were professionally printed and were properly hand printed. They were signs promoting the Socialist Democrats, Marxism, Anti-Capitalism, Anti-America. I have these people on video. I was there and I can tell you this is Antifa and the Left Wing Progressives. Our form of government is a Republic and is a system that works within a framework of law and limited Government. What I saw was a movement toward Totalitarianism and an oppressive government that wants to limit our Liberty and individual freedoms. All leaders, by definition, lead with whatever agenda they believe in and those that follow usually agree with that agenda. The rest resist and don't follow. That's called a different opinion. Divisive is a word used by the intolerant to describe someone that doesn't agree with their opinions. Tolerance is the ability to get along respectfully and still disagreeing about things. Career politicians and the police are more corrupt than ever and are nothing more than thugs and they are at the heart of this problem. Supporting more of it rather than trying to reform it makes no sense to me.

4

Jun 2, 2020 7:48am

Quoting afevir

Disliked

The United States is on fire, but the news says.... shareholders, businessmen, the world in general, we are growing enormously, who can believe that made-up news?

Ignored

Hmmmm

You mean....

Attached Image

Nooooo

4

Jun 2, 2020 4:30am

House prices rising out of reach of the ordinary guy, ( Carpenter, electrician, hospital worker etc) in the USA is something that is happening in the UK, causing resentment among those who cannot save a deposit and are thus trapped in the rental market. Some sort of catalysis will no doubt arise in the UK , at some point, acting as a blow off valve for peoples frustration over the inability of their earnings to keep up with the housing market, among other things. So the article has a point but the danger is the Govt. and it's supporters will probably blame discontent on so called criminal classes. Europe saw similar in the past. The UK is still stuck in the past - for now.

2

Jun 2, 2020 3:42am

IMHO the problem goes even beyond racism..

Lesson learned since the 2008 “Great Financial Crisis,” is that monetary and fiscal policy interventions do not lead to increased levels of economic wealth or prosperity. What these programs have done, is act as a wealth transfer system from the bottom 90% to the top 10%. Racial minorities are disproportionately affected. Current administration pursues policies that exacerbates this problem.

Attached Image (click to enlarge)

2

Jun 2, 2020 4:57am

Quoting turnip15

Disliked

House prices rising out of reach of the ordinary guy, ( Carpenter, electrician, hospital worker etc) in the USA is something that is happening in the UK, causing resentment among those who cannot save a deposit and are thus trapped in the rental market. Some sort of catalysis will no doubt arise in the UK , at some point, acting as a blow off valve for peoples frustration over the inability of their earnings to keep up with the housing market, among other things. So the article has a point but the danger is the Govt. and it's supporters will probably...

Ignored

It happens everywhere. Personally I dont like it but I am stuck with it. What makes things even worse is that when things are getting bad for the 10% who are well off they are being bailed out by the 90% who does not have anything. Its screwed but unfortunaltely thats how it works.

2

Jun 2, 2020 4:24am

Attached Image (click to enlarge)

Click to Enlarge

Name: bubble-world.jpg
Size: 287 KB

2

Jun 2, 2020 4:06am — Edited

The United States is on fire, but the news says that nothing happens, that everything is phenomenal, the military police in the streets, but no, they only wear their beautiful war suits
don't be scared shareholders, businessmen, the world in general, we are growing enormously,
who can believe that made-up news?

1

Jun 2, 2020 8:52am — Edited

Quoting Not-KPMG

Disliked

{quote} Hmmmm You mean.... {image} Nooooo

Ignored

I mean, is the Fed able to raise Wall Street by 30%? YES. So there is no market, it is only what the FED wants to do, the news does not mean any change, so certainly the graphics are the work of the FED, the questions in the future will focus on what the FED will do today or with the graphics what did the FED do yesterday or a few hours ago?

1

Jun 2, 2020 12:29pm

A Thought on reading through these threads....
Thats its always a laugh for Europeans to hear Americans bundle the mildest socially responsible democratic administration models - as Socialist-Communist. In Europe we almost all live in societies with amazing universal health services (like the UKs NHS), and with comprehensive social security nets for our least privileged citizens. For the vast majority, both socialist and conservative these are part of what it is to be a civilized country. Does it mean more taxation..yes.. in most European mainstream countries Tax as % total revenues GDP runs between 35-45%.. compared with US at 25%... and OECD average at 34%
As a result we find (particularly US rightwing descriptions of our systems bizarre... and marvel at their tolerance to living in a society with no significant health, employment, consumer protection and H&S etc.. safeguards, which here are for most part, with some small variations, equally cherished by both right and left wing governments in the traditional European political government spectrum.
Perhaps why some conversations here become so acrimonious..
Source:TAX POLICY CENTER

1

Jun 2, 2020 6:43am

It takes a special kind of person to not understand that when city blocks are arson-ed to spell out a word, that there is a political organization actively inciting Riot. That is called insurrection.

That conditions are favorable to exploit the populace that then goes off and burns their own neighborhoods is another question as to reason.

Is Fed policy responsible? Not wholly but certainly contributes to the situation.
The economic growth model is solely based upon debt expansion and as consequence only those with access to bank system are in position to acquire Leverage and be able to purchase.

Government regulatory burdens shut out many who might substitute sweat equity for the savings they lack in Housing Sector. Affordable shelter begins with a Shack not a Mansion.

For Traders can the economic situation be changed. Yes it can and it will be.
Political Will has been lacking to redirect the economy into a sustainable path as that entails sourcing Jobs within the Home nation. This is where things are moving.

Domestic issues are going to be prioritized and the deflationary aspects of Globalization are getting reversed.

2

Jun 2, 2020 7:57am

Systemic racism was brought to this country on 3 leaky diseased infested boats and has fostered its way throughout the American fabric from the outhouse to the Whitehouse. Until white Americans can acknowledge this as a group and help end it. It will continue as the disease it is.

1

Jun 2, 2020 6:50am — Edited

The question arises at some point, about the sustainability of an increasingly divided and unequal US society.
So far suggest US is in a classic "Boiling the Frog" exercise, where as usual those at the very bottom are feeling the heat first. The administration political PlayBook is to distract the middle ground, characterizing the problem as one a "Strong Man" will reverse, (aka Bunker Trump) whose ticket to power involves muddying the systematic failures, with distraction,-by fanning nationalism, racism and sectarianism, and continually distracting the media focus with more and more outrageous stunts, serial disingenuity and spin. And its apparently still working... and may lead to a second term... or in the event of a close run thing.. a serious constitutional crisis. My un-involved personal view is that it will not end well.. since its continued momentum is reminiscent to Europe in the '30s. America is going thru dangerous times.
But thats just painting one view of the political background..
Our focus as investors/traders is how to personally survive and prosper in this dystopian reality.
In the big picture, I dont see a further substantial market crash as immediately likely though wouldn't rule out event driven retrace, since the now out of control Government deficit spending the bubble and the equity market is facilitated by Treasury and Fed money printing. I don't relate to the term manipulated.. often used here, because that implies a secretive conspiracy.. far from it.. it not secretive.. its right out there in the open.
In the Fx space it is, as almost always, seriously complicated and involves anticipating flows. Im far from clear where the dollar is going post C19, but the pound Im very bearish on.
Any views?
Just a Thoughtx

1

Jun 2, 2020 7:43am

Quoting Yawgmouth

Disliked

I have these people on video. I was there and I can tell you this is Antifa and the Left Wing Progressives. Our form of government is a Republic and is a system that works within a framework of law and limited Government. What I saw was a movement toward Totalitarianism and an oppressive government that wants to limit our Liberty and individual freedoms....

Ignored

What you witnessed Yawgmouth, is extremely disturburbing, absolutely no doubt, however something is not quite right here, on the one hand it is claimed that Antifa and the left wing progressives aim to move the state (USA) towards totalitarianism, oppression and limited liberties and freedoms, but isn't this exactly what exists now in the US?
totalitarianism, oppression, and limited liberties and freedoms?
it appears that 'Antifa' and whoever else is on this bandwagon , is simply feeding the same fuel described above into the USA's apocalyptic fire ?

This is just a very impartial observation from your friends on the other side of the Western pacific ocean.

it amounts to a choice, an individual choice, that becomes a national choice
Choose!

1

Jun 2, 2020 3:14pm

Quoting RossEdwards

Disliked

A Thought on reading through these threads.... Thats its always a laugh for Europeans to hear Americans bundle the mildest socially responsible democratic administration models - as Socialist-Communist. In Europe we almost all live in societies with amazing universal health services (like the UKs NHS), and with comprehensive social security nets for our least privileged citizens. For the vast majority, both socialist and conservative these are part of what it is to be a civilized country. Does it mean more taxation..yes.. in most European mainstream...

Ignored

Medicare, Medicaid, and millions with health insurance through and paid for by employers. And Social Security for the retired. People are hardly on their own here. Europe is still capitalist though with the higher taxes and control. A story that may well have been lost with all the rest is that Trump has negotiated much lower prices on insulin. Something like 88 insurance companies have agreed to charge no more that $35 / month with some going free. I've heard a lot of horror stories re the NHS. Also have heard of Brits coming here same as Canadians for health care. Other than Americans wanting the lower drug prices no one goes to Canada for anything.

1

Jun 2, 2020 10:56am

Quoting afevir

Disliked

Why was President Trump so scared that he was taken to the White House bunker hours ago and left there to go for a walk near the protesters when the military police arrived? they know what good reasons there may be in it. We know it too

Ignored

Clearly you have not clue, in matter of presidential safety it is the secret service who make the call, it does not matter if he is scare or not it is not his decision to make, of course you don't like him you might also say he pup himself and we won't be surprise.

1

Jun 2, 2020 7:10am

....the land of the fee.

😨😨😨👍

1

Jun 2, 2020 10:41am

Why was President Trump so scared that he was taken to the White House bunker hours ago and left there to go for a walk near the protesters when the military police arrived? they know what good reasons there may be in it.
We know it too

Jun 2, 2020 3:07pm — Edited

Quoting pedron

Disliked

{quote} Absolutely, allow me to laugh, are not those the reason why many economics in Europe are getting crappier over and over ? On the other hand some European countries had a lot lower corporate rate than america before Trump changed that. So same as USA, corporations pay lower taxes people pay higher, and yes you have a better health care but the whole continent that once was the most powerful and developed in the world now can be easily be prey of Russia China or USA. Is not due to being a civilized society that Europe did not do anything when...

Ignored

Well @pedron..
Thanks for your wandering response..
which when deconstructed looks like this..
1. Europes economy is crap as a result of its choice in providing societies that try to treat all our citizens with dignity
2. We should change our standards and our societies, to be like the US, because o its USs involvement in WWII and its post war/Cold War interests in reconstructing Europe as bulwark against the CCCP
3. Because if we dont.. well be invaded by China or Russia or the USA?

Youll forgive me if I dont bother replying.
I really couldnt be arsed.

Jun 2, 2020 10:04am

Vancarbon: "Trump has to be the most divisive president ever . Love him or loathe him he divides opinion like no other .[/quote]

Forget about BHO? Racists, hater, and divider like no other.

foto: That photo of buildings burning to form the word LOVE was from the Babylon Bee, a satirical web site.

Yawgmouth: Yes, organized instigators. When they destroy they must be met with more than normal police action. If the socialist/communists gain more support the government again must act with more strength. This is what happened with Batista in Cuba. The cuban's complained and ended up with Castro. The US has a clear choice between Trump and the Democrats/ Look at what they want.

Jun 2, 2020 9:21am

Quoting aquavox

Disliked

{quote} What you witnessed Yawgmouth, is extremely disturburbing, absolutely no doubt, however something is not quite right here, on the one hand it is claimed that Antifa and the left wing progressives aim to move the state (USA) towards totalitarianism, oppression and limited liberties and freedoms, but isn't this exactly what exists now in the US? totalitarianism, oppression, and limited liberties and freedoms? it appears that 'Antifa' and whoever else is on this bandwagon , is simply feeding the same fuel described above into the USA's apocalyptic...

Ignored

Friend,in countries with limited freedoms, totalitarians regimes and oppression people don't have the right to protest and when they do the government massacre the riots in a day or two with no regard for human life or damage to people, you are clearly confused and repeating what you heard, no system is perfect and this one is far from it as well but believe me, life is a lot easier in the US for whoever who wants to prosper than virtually 95% of the world.

1

Jun 2, 2020 10:32am

[quote=Vancarbon;12977800]

Quoting Yawgmouth

Disliked

Divisive is a word used by the intolerant to describe someone that doesn't agree with their opinions. Not in my dictionary it's not .

Ignored

It fits Trump to a tee. As you said like him or loathe him you cannot deny he does his best to be what the old folks used to call "a little shit disturber" he gets off on the attention

Jun 7, 2020 10:18am

Quoting gat

Disliked

{quote} Medicare, Medicaid, and millions with health insurance through and paid for by employers. And Social Security for the retired. People are hardly on their own here. Europe is still capitalist though with the higher taxes and control. A story that may well have been lost with all the rest is that Trump has negotiated much lower prices on insulin. Something like 88 insurance companies have agreed to charge no more that $35 / month with some going free. I've heard a lot of horror stories re the NHS. Also have heard of Brits coming here same...

Ignored

There will always be the argument of this system is better or worse because of ....FILL IN THE BLANK.. So I guess it boils down to quality of life and an interesting stat that has been increasing in the US is the number of people who HAVE to continue working into their old age. I think its pitiful the number of over Seventies that need to work in the states to pay their health insurance. Most americans don't see that the only winners in their system are the insurance companies and big pharma, which like the rest of US big business control more of the election outcomes than Joe Public will ever know.

Jun 2, 2020 5:50am

President Trump's recent public act showing a bible to protesters in Washington is very undemocratic and detestable,

1

1

Jun 2, 2020 6:15am

The rocky Horror picture show sums it up really.
Magenta:I ask for nothing!
Frank:And you shall receive it, IN ABUNDANCE!

Jun 2, 2020 12:07pm

The riots are a great way of getting a new pair of sneakers for free

Jun 2, 2020 11:15am

Quoting gat

Disliked

Vancarbon: "Trump has to be the most divisive president ever . Love him or loathe him he divides opinion like no other .

Ignored

Forget about BHO? Racists, hater, and divider like no other. foto: That photo of buildings burning to form the word LOVE was from the Babylon Bee, a satirical web site. Yawgmouth: Yes, organized instigators. When they destroy they must be met with more than normal police action. If the socialist/communists gain more support the government again must act with more strength. This is what happened with Batista in Cuba. The cuban's complained and ended up with Castro. The US has a clear choice between Trump and the Democrats/ Look at what they want.[/quote]

100% correct, that m.f. made a lot of people fled the island leaving families behind. Everybody is well aware of what happen when you protest against a regime like that so they just leave the country when they can. When protest happens is because people are allow to protest, fine example is Chile, they destroyed the subway in Santiago last year, I don't recall anything like that with the dictator Pinochet in power.

Jun 2, 2020 12:39pm

Quoting gat

Disliked

Vancarbon: "Trump has to be the most divisive president ever . Love him or loathe him he divides opinion like no other .

Ignored

Forget about BHO? Racists, hater, and divider like no other. foto: That photo of buildings burning to form the word LOVE was from the Babylon Bee, a satirical web site. Yawgmouth: Yes, organized instigators. When they destroy they must be met with more than normal police action. If the socialist/communists gain more support the government again must act with more strength. This is what happened with Batista in Cuba. The cuban's complained and ended up with Castro. The US has a clear choice between Trump and the Democrats/ Look at what they want.[/quote]

I stand corrected. Shows just how much distortion there is of facts, almost impossible to keep up.
Still does not change there is a political agenda to overthrow the US Constitution.
It may very well come down to those who will defend it at all cost which will make the difference. Those who are Hell bent on destroying it be warned there are those who will not let it fail.

Jun 2, 2020 2:12pm

Quoting RossEdwards

Disliked

A Thought on reading through these threads.... Thats its always a laugh for Europeans to hear Americans bundle the mildest socially responsible democratic administration models - as Socialist-Communist. In Europe we almost all live in societies with amazing universal health services (like the UKs NHS), and with comprehensive social security nets for our least privileged citizens. For the vast majority, both socialist and conservative these are part of what it is to be a civilized country. Does it mean more taxation..yes.. in most European mainstream...

Ignored

Absolutely, allow me to laugh, are not those the reason why many economics in Europe are getting crappier over and over ? On the other hand some European countries had a lot lower corporate rate than america before Trump changed that. So same as USA, corporations pay lower taxes people pay higher, and yes you have a better health care but the whole continent that once was the most powerful and developed in the world now can be easily be prey of Russia China or USA.
Is not due to being a civilized society that Europe did not do anything when Hitler started arming Germany and allow the continent to fall in that huge disaster called WW2 and started running scare when it was too late, the only reason why Europe is what it is today is US, you were saved from becoming part of a Soviet Union takeover by US, or you think after Germany was defeated and the whole continent was on its knees the Soviets were going to let you alone? The only country than hardly stand was UK and was matter of time before it fell when Soviet Union forced Germany to look to the est, United States did not defeated Germany, The Soviet Union did. America just saved western Europeans of becoming all eastern Europeans with all the good and the bad that system brought to those countries I bet in that situation you would not have today that beauty of health care do you ?

Jun 4, 2020 12:46am

Quoting RossEdwards

Disliked

{quote} Well @pedron.. Thanks for your wandering response.. which when deconstructed looks like this.. 1. Europes economy is crap as a result of its choice in providing societies that try to treat all our citizens with dignity 2. We should change our standards and our societies, to be like the US, because o its USs involvement in WWII and its post war/Cold War interests in reconstructing Europe as bulwark against the CCCP 3. Because if we dont.. well be invaded by China or Russia or the USA? Youll forgive me if I dont bother replying. I really couldnt...

Ignored

Absolutely no, you are doing well, will see when the crap of that economies is all is left how your societies are going to do. And my wandering answers are nothing compared with you commenting on every news.

Trader#7A10

Jun 2, 2020 2:30pm

Author
Den Lev Look beyond what is obvious, the captains of top industries have fled the ships in late Oct knowing the odds of the pandemic were high and by doing so, they collected big fat juicy bonuses. Pressure your representatives around the world and make them accountable for every decision. Make sure you are consulted. It is not enough anymore to vote once a while and pray they will do the right thing. Citizens around the world get involved in the decision process by other means than violence.

Hidden for breach of Trader Code of Conduct

Hidden for breach of Trader Code of Conduct

Story Stats

Jun 2, 2020 12:48am
Posted by
Newsstand

Fundamental Analysis

32

19.7K