This post may contain more questions than answers.  Some of the questions are rhetorical, but some of them are legitimate that I do not have the answers to.

Since at least March 2020, we have been continually lied to about COVID-19.  But it doesn’t always mean we know what the truth is.

We were lied to at the beginning when the claim was being made that the virus had a mortality rate of 3 to 4 percent.  They knew it was a lie, and those who didn’t know didn’t care to investigate.  They were taking the death rate based on confirmed cases, which at that time were mostly the sickest people who were being tested.

We were lied to about the PCR test.  Fauci himself even admitted that running the test above 35 cycles (amplifications) was unreliable, even though the FDA said to go ahead and run it at 40 cycles or higher.

We were lied to with “two weeks to flatten the curve”.  The whole point of shutting nearly everything down was supposedly to slow the spread so as not to overwhelm the hospitals.  When most hospitals were mostly empty, the narrative changed, and it was about saving any life at any cost, even though the lockdowns themselves were costing lives.

We were told that there were no treatments for COVID-19.  We were told to stay at home, social distance, wear masks, and do everything possible not to spread the virus.  We were never told by those in the establishment what to do if you actually contracted the virus.  You were just supposed to stay at home and then go to the hospital if you get really ill.  Then you would likely be put on a ventilator to die.

There were never any suggestions on how to treat someone who contracted the virus, unless you explored alternative media.  Although some doctors reported success with zinc and hydroxychloroquine, and later ivermectin, these treatments were either ignored or ridiculed.  The FDA, CDC, or any major corporation had no desire to actually do real studies to determine how effective these treatments are.  If there were any treatments, it might prevent the FDA from giving emergency authorization for vaccines.  It might also mean that fewer people would want a vaccine.

Right after the election in November 2020, the FDA authorized new messenger RNA vaccines for SARS-COV-2.  Since then, I can’t remember a harder push for anything coming out of Washington DC or the establishment in general.  The powers-that-be have been pushing harder for this vaccine than we have seen in pushes toward war or welfare programs.

The Biggest Villains

I know several people who identify as libertarians who are continually promoting the vaccine.  They will say that they don’t favor forcing people, but they will favor almost anything else that compels people to take a vaccine.  They will never raise an objection to the government spending billions of dollars developing, distributing, and marketing the vaccines.

My biggest curiosity is that the people who are pushing the vaccines the hardest are people that libertarians should trust the least.  Wouldn’t this raise a red flag?

Think about the people with national notoriety who are pushing vaccines the hardest.  It is people like Biden, Bush, Gates, Fauci, Newsom, and Cuomo, along with the establishment media.  These are the loudest voices for the vaccines, yet I consider them to be some of the most evil people on earth.  I am just waiting for John Brennan and Hillary Clinton to start a speaking tour to promote vaccines.

Wouldn’t this cause a libertarian to pause at least?  It’s not to say that some evil people, or just people who generally get things wrong, can’t get something right.  There are talking heads on television who share similar criticisms of Bitcoin as I do, but I don’t agree with them on many basic points of economics.  Still, I don’t see them obsess over this one thing.

But for Biden, and Gates, and Fauci, and some of the most totalitarian governors out there, they are absolutely obsessed with people getting vaccinated.  They continually make claims that the vaccines are safe and effective.

But these people love power, and they generally hate people.  Are they really trying to save humanity by pushing vaccines?

It is possible they may just happen to be right on this one thing, but you can see why I would be skeptical, especially when they are so obsessed over pushing this agenda.

It is also curious that Fauci apparently lied about funding gain-of-function research for coronaviruses (making viruses more deadly and contagious to humans), yet he is perhaps the biggest pusher of the vaccines.  Is he trying to make up for past mistakes, or is there something else going on here?

The Delta Variant

I have no idea if this delta variant is real.  And if it is, what is going on with it?

If you watch any news on television, you will hear that cases are spiking, that the delta variant is really contagious, and that it is a pandemic amongst the unvaccinated.  I am willing to concede that all of these things may be true, although I really can’t know because of how often we have been lied to.  I know that statistics can be manipulated to fit a narrative.

I have already explained that the CDC is making it almost impossible to count a vaccinated person as a so-called breakthrough case.  They are using two different standards for those who are vaccinated and those who are unvaccinated.

The only reason I grant the possibility that there really is something going on right now is because of personal experience.  I know several people who have tested positive for COVID-19 over the last several weeks.  I have probably known more people personally who have tested positive over the last month than I knew of in the previous 17 months.

In most cases, it is like the flu or a severe cold.  I have no idea if this is the delta variant.  It could just be the flu going around too.  I live in Florida.  I got the flu in July of 2019.  I had a fever for several days, but of course nobody made a big deal out of it then.

I know from hearing from healthcare workers that the hospitals are busy.  There have been exaggerated reports about them being at capacity, which I don’t think are true, but it does seem that they are busier than normal.  Supposedly most of the COVID patients are people who are unvaccinated.  I have no idea if they ask this question when the patient is admitted, so I can’t completely trust what I am being told.

It is also reported that there are younger people who are severely ill, and in some cases dying, from COVID.  The people I know who have tested positive recently are generally middle-aged people (30s, 40s, and 50s).  I don’t think any of them ended up in the hospital though.

Unbelievably, these hospitals are still sticking COVID people on ventilators.  I have no idea why, except for cynical reasons.  I heard about someone (not someone I know) who was actually coming off of a ventilator.  If that’s the case, that is the first example I have heard of someone being taken off a ventilator without dying.

If all of the reports are true, then it does seem that something is going around, and it is largely impacting those who did not take the jab.  I wonder if Fauci released a virus after the vaccine rollout in order to embarrass those who refused to get vaccinated.  (I am half joking with this comment, although I can’t discount any conspiracy theory at this point.)

Why is it that the countries that have been the most heavily vaccinated (the U.S., the U.K., Israel) are those seeing some of the biggest spikes in cases?  Yet the unvaccinated are taking all of the blame.

This coincides with the CDC issuing new mask guidelines, which suggest that vaccinated people can spread the virus.

Is it possible that people who are vaccinated don’t exhibit symptoms but then go around spreading the virus to others?  After all, they wouldn’t know to stay home because they don’t feel sick.  This is actually what the CDC was saying last year when they were telling everyone to stay home.  They said that you might still transmit the virus even if you don’t feel sick.

There is also the possibility that the virus mutated because of the vaccinated.  If that’s the case, it would have likely been better off to never have any vaccines and to let younger people get the original virus, which didn’t seem to have much impact on young and healthy people.  Now we supposedly have this new variant that seems more contagious than the original (although likely less deadly).

If it becomes widely thought that vaccinated people can spread the virus (unknowingly) to others, then this will just cause both sides to dig in more.  The vaccinated will say it wouldn’t be a problem if everyone just got vaccinated.  The unvaccinated will say it wouldn’t be a problem if nobody got vaccinated.  In a way, both sides could be right.

Side Effects

The latest push by Biden, along with the new CDC guidelines, is somewhat changing the subject.

Even if one concedes that the vaccinated are much more well protected against the virus than the unvaccinated, it doesn’t mean that everyone should get a vaccine for COVID.

This is another lie/ cover-up that has occurred since the beginning of the vaccines.  There is little data on the side effects, including serious injuries and deaths, from the vaccines.  This data, to the extent it exists, is being hidden.  It is not being reported or investigated as with other things.

We have the Vaccine Adverse Event Reporting System (VAERS), but it has many problems.  It involves a bureaucratic process to report an adverse event, and the data is clunky.  You can download it and look for yourself, but it is raw data that doesn’t give a good picture of all of the possible side effects.

There are reasons to be critical of VAERS from all sides.  First, many people have never heard of it.  In the past, it was said that only 1 to 10 percent of actual vaccine side effects were reported to it.  My guess is that it was closer to 1 percent than 10 percent.  But since the COVID vaccines get so much attention now, it could be closer to 10 percent now than 1 percent.

If you look through some it (which is overwhelming), you will get a sense of how clunky it is.  The problem, as with everything else the FDA and CDC handle, is that they purposely don’t investigate things.

There are some people who are 85 or 90 years old who died after getting a COVID shot.  When you have over 100 million people in the country get vaccinated in a span of about 6 months, you are going to get a certain number of people who would have died during that time anyway.  You also would get a certain percentage of people who would suffer an adverse health event regardless of the vaccine.

On the other hand, I suspect most people don’t correlate an adverse health event with the vaccine, so it never gets reported, especially if there is a delay.  If it happens within a day or two of the shot, then it is more likely to be correlated.

Hank Aaron got the shot and died a couple of weeks later.  We have no idea if he died prematurely because of the COVID jab.  I know of other people who died after getting a jab, but the family members simply don’t think it was from the COVID shot.  It doesn’t even cross their mind.

The problem, again, is that we just don’t know.  This should be investigated.  There could easily be studies going on right now.  There are people who wanted to be vaccinated and got vaccinated.  There are people who didn’t want to be vaccinated and didn’t.  There are millions of people in each group of varying ages.

Are people who were vaccinated dying at a greater rate than those who weren’t?  Are there people going to the doctor for ailments in greater numbers amongst one group or another as a proportion of that age group?

If 80% of those older than 65 have been vaccinated, and 20% haven’t, let’s compare the two groups to see if there is anything there.  Maybe there is, and maybe there isn’t.  But we have no idea because the ones promoting the vaccines don’t want to know.

Conclusion

Maybe the delta variant is the boy who cried wolf.  Maybe this really is the time we should be concerned, yet many have let their guard down because the boy (the CDC, FDA, the media, the politicians) has been crying wolf for 18 months now.

From a personal standpoint, there is no question that a lot of people are getting something similar to the flu in my area.  But for most of these people, it really is just like having the flu.  We’ll see in the coming weeks if the reported deaths increase substantially.

I have to guess that vaccinated people are helping to spread it.  If over half the adult population has been fully vaccinated, plus a small percentage who previously contracted the virus, then we already should have been near herd immunity.

This tells me that either this really is a new virus, or the vaccinated people are unknowingly helping to spread it.  If there is no long-term immunity and the vaccines don’t work, then we really are in trouble, especially with the mentality that nearly everyone has adopted.

There have been bad flu seasons before, but people weren’t freaking out all over the place.  You don’t want to get the flu, but it doesn’t mean you stop your life for it, unless you really are in the small minority that would be in a dangerous situation if you did get the flu.

I’ll return to my original question.  Why are some of the most evil, conniving, and power-hungry people on this earth the same ones who are supposedly so concerned for the human race that they spend most of their time pushing these new experimental vaccines?

I can’t answer the question, but it is a question that should be thought about.  What is their motivation to see nearly the whole population get the jab?

When Bitcoin first came about, and then gained popularity, there were certain arguments made by Bitcoin proponents on why Bitcoin would be successful and eventually be used as a form of money.

The main arguments were these:

1. Low or No Transaction Costs
2. Privacy
3. Limited Supply of Bitcoins
4. Acts as a Replacement for the Dollar

News recently came out that Amazon posted a job for someone to research and develop a case for Amazon pursuing a cryptocurrency payment system.  On this news, Bitcoin spiked up in price.

Amazon is a trillion-dollar company, and a job posting, for presumably one single job, sent Bitcoin soaring.  This absurdity rivals a tweet from Elon Musk.

Let’s just say that this comes to fruition and Amazon does actually start accepting Bitcoin.  How will this be possible, and what will be the ramifications?

Let’s run through how this pairs with the original arguments in favor of Bitcoin, plus some other things to consider.

Low or No Transaction Costs

It isn’t clear that this will happen will Bitcoin.  It seems that the idea of no transaction costs was more theory than reality.  If someone wants to buy a five-dollar pair of socks on Amazon, there better not be any transaction costs involved with using Bitcoin or else it doesn’t make any sense.  You don’t have to pay a fee to your credit card company in order to use your credit card to buy a product on Amazon.

Privacy

If you buy something from Amazon and it is shipped to your house, does it really matter what form of money you use when it comes to privacy?  There is no privacy.  In fact, you don’t really want privacy.  If you buy a defective product, you want to be able to return it.  Bitcoin does nothing for us in terms of privacy when we are talking about Amazon.

Limited Supply of Bitcoins

The supply of the number of bitcoins is limited.  This makes it different from the dollar and every other fiat currency issued by governments and central banks.  This is the best aspect of Bitcoin.  Unfortunately, this one feature doesn’t legitimize it as a form of money.

Acts as a Replacement for the Dollar

While there are many reasons to criticize the U.S. dollar and the Federal Reserve that creates them out of thin air, it doesn’t mean that Bitcoin or any other cyrptocurrency should replace the dollar just because someone brought it into existence.

The dollar was originally backed by gold, and the government pulled that backing away over time.  The dollar is legal tender in the United States.  That is the money that is used for buying, selling, making contracts, and paying taxes.

Speaking of Paying Taxes

How is Amazon going to collect bitcoins when you are supposed to pay a capital gains tax on any gains made in terms of dollars?  Maybe Amazon can figure it out for its books, but is the federal government really going to be ok with people transacting in Bitcoin without reporting to the IRS?

If you buy a fractional share of a bitcoin for $1,000 and it goes up in dollar value to $2,000, then you have made a 100% return on your money (your dollars) once you get rid of that share of a bitcoin.  If you use it to buy something on Amazon, that would be the equivalent of selling it.  So if you buy a $5 hat on Amazon with, then using this example, you will owe capital gains taxes on $2.50.  It’s as if you bought $2.50 of Bitcoin and sold it (by buying from Amazon) for $5.00.

I’m getting confused just typing this, and that was a pretty easy example.  Again, I ask whether the government will let people get away with massive buying on Amazon without reporting any of it for taxes.

Actual Pricing

As with anything, Amazon will not actually sell any products for Bitcoin.  It will accept payments in Bitcoin (if the rumor comes to fruition), which is not the same thing.  Everything in the U.S. will be priced in dollars, and there will be a conversion rate to Bitcoin.  The price in Bitcoin will constantly fluctuate based on the price of Bitcoin in dollars.

Therefore, Bitcoin is not serving as money.  Nothing is actually priced in Bitcoin.

Who Will Use Bitcoin to Buy Things?

Maybe some people will use Bitcoin to buy something for the novelty of it.  But the people who own Bitcoin are mostly doing so as a speculation to make actual money (i.e., dollars).  There are some hardcore Bitcoin people who think it will revolutionize the world and that it will become the primary form of money in our world.  But if they really think this, or if they just think that the dollar price of Bitcoin is going higher, why would they get rid of it to buy things on Amazon?  They would use dollars.  They would hold Bitcoin for when it becomes more valuable down the road, unless they have all Bitcoin and no dollars in their possession.

It’s Still Computer Code

Bitcoin is still nothing.  It was created out of thin air much the same way that dollars are created out of thin air by the Federal Reserve with a computer screen entry.

Gold acted as money for thousands of years because it was seen as having value in itself.  It was used for jewelry and for many industrial purposes.  It has all of the qualities that make up a good form of money.

Bitcoin is computer code.  You can’t hold it.  You can’t do anything with it except hope that someone else will want it too.  The blockchain technology may be great and have great future potential, but owning Bitcoin doesn’t mean you own the blockchain technology.  Bitcoin is facilitated by the blockchain.  There is a major difference.

There are thousands of cryptocurrencies that have been created out of thin air.  Bitcoin just happened to be the first that got any attention.

Bitcoin is not money, and it never will be a form of money.  It will never be a medium of exchange on a wide scale.  It will not be widely used for everyday transactions.

It is a speculation.  In an environment of loose money and low interest rates, people are trying to make a quick buck. Bitcoin provides that opportunity with massive volatility.

The rumor that Amazon may accept Bitcoin as a form of payment is noise.  It may or may not happen.  It is speculation, and it has already been denied by Amazon.  But it gives a reason for speculators to drive the price up again in hopes that they can make an easy profit in U.S. dollars.

In my last article, I wrote about how the high distrust Americans have for the corporate media is a positive sign for liberty.  I certainly wish there was more distrust than there is, but there is now a sizeable portion of the population who believe very little of what is coming from the so-called mainstream media.

I typically make reference to the “corporate media” or the “establishment media”.  On the other side is the alternative media.

Most of television and newspapers (to the degree they still exist) make up the corporate media.  These are mouthpieces for the establishment.  They will not deviate much from the official narrative, whether it is war, climate change, COVID hysteria, or any other issue that involves a high degree of money and power.

Radio is mostly part of the corporate media, but it is not as clear-cut.  There is a lot of conservative talk radio, which deviates from the official narrative on some things.  There are also many local shows that may have deviations, but these of course do not have large audiences.

Most alternative media comes from the web.  Google, Facebook, and Twitter are part of the establishment media to a certain extent in that they try to control the narrative.  But their platforms are largely built on the dissemination of information.  So trying to censor certain speech is in conflict with their original goals and successes.

All of the major establishment outlets also have a presence on the internet, so this is not to say that the internet itself is alternative media, because on many sites you will just read or hear the same things repeated as if you were watching television.

But most of the alternative media is found on the internet.  You can find almost anything you want to find with a little digging.  If you start with a search engine, you can eventually find websites that offer an alternative view to the official establishment narrative.  If you start with Google (as opposed to something like DuckDuckGo), it may be more difficult, but you will still find trails to other sources.

This also isn’t to say that alternative media sources are always right.  They are frequently wrong.  Hype sells, and there is a lot of hype.  But if you can parse through the information, you can come out with something resembling the truth.

If there are a hundred different theories or explanations on some event or some issue, then one of them is probably right.  Maybe a handful of them are mostly correct or somewhere near the truth.  The problem is deciphering the information.  But at least it is out there now.  Thirty years ago you didn’t have this resource available.

Television – An Echo, Not a Choice

If you get your news from television, it is essentially an echo.  Even the local news will mostly echo the establishment narrative.  With the political correctness of today, it is probably worse than ever.

The only slight alternative on television that is widely available comes from Fox News.  And even here, it is mostly a handful of shows.

I watched Fox News quite regularly about 20 years ago.  In the run up to the Iraq War (the 2003 version), I became more of a hardcore libertarian, while Fox News became more hawkish on war.  There was very little pushback from anyone on the network against Bush and his wars.

I watched a little bit through the years when they weren’t discussing foreign policy.  It was the only place on television that I could at least get a conservative take on things.  When it came to some issues of economics or just criticizing Democrats, I could get on board.

When Trump came into the spotlight, Fox News actually improved a bit.  His popularity forced Fox News to cut back on the hawkish rhetoric when it came to war.  I know some of the people there couldn’t stand Trump (and still can’t), but they were essentially forced to take a slightly less pro war stance in many instances.

The best thing that ever happened for Fox News and its viewers was the departure of Bill O’Reilly.  Tucker Carlson took his 8 PM Eastern time slot, and he hasn’t looked back.  I don’t think the executives at Fox News ever expected Tucker to be like he is, but it has served his audience well.  He easily has the best ratings, which makes it almost impossible for Fox News to get rid of him now.

I’ll occasionally watch a few minutes of Fox and Friends in the morning just to see what is being discussed.  I can typically tolerate it as long as they aren’t talking about foreign policy.  Still, other than criticizing Democrats, they don’t break too far away from the official narrative.

I also watch a little bit of Gutfeld at 11 PM, which is a relatively new show.  It is a mix of news, opinion, and comedy.  It is mostly conservative opinion, but there is some quasi libertarian opinion in there too.  The show had Dave Smith as one of the guests for the hour, so that is saying something right there.  They are certainly willing to deviate from the official narrative.

At 9 PM is Sean Hannity, and at 10 PM is Laura Ingraham.  I haven’t watched (or listened to) Hannity in a long time.  I don’t know of anyone who does watch him, even amongst my conservative friends.  They will watch some of Tucker’s show though.

I do not typically watch any of the shows in the 8 PM to 11 PM lineup, but I do catch segments or clips on the internet.  Tucker is the best.  Even though he will occasionally criticize libertarians, most libertarians I know appreciate what he does.  He constantly challenges the official narrative, whether it is on war, COVID hysteria, vaccines, climate change, or a host of social issues.  He is a choice, not an echo.

I have to say that I have also been somewhat impressed with Laura Ingraham.  She has always been a conventional conservative in my book.  I do remember her introducing Ron Paul at an event one time, and she was gracious about it.

The few times I have tuned into her show or seen clips of her show on YouTube, she has been great.  She is still a conservative, and I’m sure I would disagree with her on many issues, but her show really does challenge the official narrative at times.  I have seen her have on many doctors as guests who are questioning the COVID vaccines and really questioning a large part of the COVID narrative.

I don’t ask for shows to give me exactly what I want to hear.  I ask for shows to give me alternative views.  I ask for shows to give me differing points of view.  I ask for shows to make things interesting, and to even get me to ask more questions.

Tucker Carlson and Laura Ingraham get props for providing alternative views and good journalism.  Gutfeld gets some props for providing some entertainment while also allowing some straying from the establishment narrative.

Some of my conservative friends have had it with Fox News.  They prefer NewsMax or One America News (OAN).  But they will still give props to a few shows on Fox News, just as I have.  Usually they are most favorable towards Tucker Carlson.

If I turn on my television using only the cable box, Fox News is the only station where I have a chance of finding some kind of alternative narrative from what I would hear on every other network.  So for all of its faults, I give some props to Fox News.

Americans do not generally trust the media.  I wish they would trust the media even less than they do, but there is far more skepticism in the United States than most everywhere else in this world.

I have read and heard some people who come from a pro-liberty position who lament the fact that there is so much distrust in the media.  They are coming at it from the standpoint that the American media is really bad, which is bad for America.

For some reason, they see it more as a negative that American trust of the corporate media is at or near its all-time low, and it is lower than in other countries around the world.  The implication is that the American media is worse than in other places.

I see this as very positive news, at least for America.  It is the majority of people in other countries who are the suckers.  The media in Canada, Europe, Asia, and elsewhere are generally no better than the corporate media in the United States. It’s just that more Americans aren’t buying the propaganda.

The American establishment media has seemingly gotten worse in the sense that they don’t even try to present more than one side of a story.  They also just more easily make stuff up.  When they pushed for war in the past, they would at least try to cover themselves and get experts and reports that provide an excuse for going to war.  The media spent over four years going after Donald Trump and just making things up, like Russian collusion.  There was absolutely no basis for some of the things being said, but they would just run with it anyway.

Again, I see this as a positive.  I understand that many people buy into the propaganda.  There were way too many that bought into the COVID propaganda, and they too easily allowed tyrannical measures imposed from politicians and bureaucrats at all levels of government.

Still, when compared to the rest of the world, America is the bastion of liberty.

I have also heard pro-liberty people lament that there are massive protests in Europe and other places against the COVID regime, while Americans stay at home.  This is because America is a freer place.  In France, they are threatening to throw people in jail if they go to a restaurant or movie theater without a vaccine passport.  If that happened in the United States, you better believe there would be mass protests in the street.  The reason this level of tyranny is not being imposed is because there are too many Americans against it for the politicians to get away with it.

When American distrust of the corporate media is this high, it doesn’t mean they just aren’t getting news.  It doesn’t mean that they have no idea what is going on in the world.  It means they are finding alternative sources for their news.  This is positive for liberty.

Free Speech

While political correctness is taking its toll, America is still the land of free speech.  You can say almost anything, as long as you aren’t threatening violence against others (even though politicians threaten violence all the time).  There is certainly a threat of being “cancelled”, but Americans, in most cases, do not face prosecution for speaking out against the government.

This is why it is important to speak out and be heard.  The more you speak out, the more that others will follow.  There is safety in numbers.

A few months ago, I wrote a piece about using Hitler and Nazi analogies.  I know it is a common tactic to compare whatever or whomever you don’t like to a Nazi.  But because you are able to do this, it makes it less likely that we will become Nazi Germany.

We aren’t Nazi Germany because people point out similarities to Nazi Germany.  If you wait until you become something really resembling Nazi Germany, then it is too late to resist at that point.  I can’t emphasize how important this is.

The French never should have let their government get so far as to be threatening prison for anyone going to a restaurant without a vaccine passport.  They didn’t draw the line in the sand early enough, so now they are faced with ultra totalitarianism.

I think this would be almost impossible to implement in the United States.  The establishment and its media funded the vaccine makers and are funding the marketing campaign.  The vaccines are being pushed hard from every corner of the establishment.  The corporate media has done its part in trying to smear those who don’t want to take a vaccine.  Yet, about half of the American population hasn’t been vaccinated.

Maybe you could see these draconian and totalitarian measures taken in a place like Los Angeles or San Francisco.  But it isn’t going to be widespread.  If Biden tried to implement a nationwide vaccine passport just to go to a restaurant, there would be massive protests and disobedience.

When the CDC dropped its recommendation for mask wearing (for the vaccinated) a few months ago, part of it was to try to coax people into getting vaccinated.  But it ended up just resulting in a majority of people not wearing masks any more.  Even if a store says that you don’t have to wear a mask if you are vaccinated, most aren’t going to be checking with customers to verify the vaccination status.

I believe another reason the CDC changed its mask guidelines is because people were slowly starting to get rid of them.  It would look worse for the CDC if they kept saying everyone needs to wear a mask while more and more people stop wearing them.  It would just serve to show that a lot of people don’t really care what the CDC says.

While the virus hysteria and the lockdowns were disappointing in 2020, I am optimistic that it has awoken more people.  We are almost at a point where half the country just doesn’t believe anything of substance coming from the corporate media.  There is a growing percentage like me where they automatically assume the opposite is true until proven otherwise.

There has always been media propaganda.  The fact that it is so over the top now shows the desperation of the establishment.  They are losing control of the narrative, so they are doubling down.

The prospects for liberty are greater in the United States than anywhere else, particularly among major countries.  The high distrust in the corporate media is a positive sign for liberty in the future.

In March 2020, there was a major cutback in consumer spending.  A big portion of this was just the fact that people couldn’t spend.  It is difficult to spend money on your hair and nails when the hair salons and nail salons are closed.  You can’t spend money eating out when restaurants are closed for diners.  Even getting a to-go order is cheaper without the tip and possibly without drinks.

That isn’t the only reason consumers were cutting back at this time.  There was a rational fear.  When the media is advertising the plague, and businesses are shut down, and there are orders to stay at home, there tends to be uncertainty.

Many people lost their job in 2020.  Some were temporary.  Some had their hours cut back.  Even with some people getting unemployment benefits greater than their previous income, it still creates uncertainty.  You don’t know how long it is going to last.

This is why it makes sense for people to cut back their spending.  You should save money for a rainy day.  When you actually get a rainy day, you need to reduce your consumption in case it is rainy again tomorrow.

This is especially true for families or people who have others who depend on them.  If you are 23 years old and single and you temporarily get laid off from work while collecting unemployment that replaces that income, then you probably aren’t too panicked.  You can always find another job.  You can scrape by.

It is a different situation for someone, or even a couple, who has several children at home who depend on them.  They probably have a house.  They have health insurance costs to worry about.  They have to put food on the table for others who are dependent.

People react according to their environment.  They adjust as needed.  When pushed, humans can adapt and change.  In football terminology, they can call an audible.

While all of us do self-destructive things at times (some worse than others), humans do have a rational side.  It is rational to increase savings at a time of turmoil and great uncertainty.

The Irrationality of an Artificial Boom

This rationality seems to get thrown out the window when things are distorted.  There are major distortions that come from government spending and policy.  There are also major distortions in the money we use every day.  These are distortions caused by a wildly fluctuating money supply and artificial interest rates.

We are currently experiencing a bit of a boom, which is hard to believe given what has occurred over the last 18 months.  This isn’t just a rebound to where we were in February 2020.

Housing prices have exploded almost everywhere in the United States.  The price of my house is almost double of what it was 11 years ago.  It is at least 30% higher from where it was 18 months ago.

Stocks continue to roar and hit new all-time highs.  The Nasdaq hadn’t even hit 10,000 yet before March 2020.  Now it is pushing close to 15,000.  Meanwhile, speculative “assets” like cryptocurrencies and NFTS are out of control, with everyone and their brother trying to make a quick buck.

Even outside of real estate and investment markets, I see a major boom.  People are spending on lavish vacations again when they can.  I see people getting major upgrades to their home.  I see people installing pools that must cost close to six figures, and the prices are only going up.

So most people are spending money again like it’s 1999 (or February 2020).  Actually, I think people are spending more now than they were 18 months ago.

Some of it is rational.  The Federal Reserve has flooded the system with money, while it keeps short-term interest rates near zero.  It makes some sense for people to rush into real estate.  Interest rates are low, and a house on some land is a hard asset.  It is better than having your money sit in a checking account and losing 2 or more percent to inflation every year.

But sometimes it does make sense to have money sitting in a checking account losing 2 percent per year to inflation.  It can even make sense at 5 percent price inflation.

If the real estate bubble pops in 2022 and prices go down by 40%, then it certainly would have made more sense for someone to keep their money in a checking account rather than buy a house this year, even with the low interest rates.  It would be better to buy it in a couple of years at a 40% discount.

If your money is sitting in a checking account waiting to be used as a down payment on a house, then it is only depreciating if the prices for houses are going up in your area.

I think it is good that people are generally feeling good again.  It is nice to see people going to a movie theater.  It is nice to see busy malls and restaurants.  But at the same time, I am concerned that many people are going to get hurt when the boom goes bust.

The reason it makes sense to save for a rainy day is so that you aren’t miserable when the rainy day hits.  There is something to be said for continuity.

It is mentally exhausting to have to significantly change your lifestyle because economic conditions changed.  For some people, it can be dangerous.  Most homeless people had a home at one time.

It is good to set a goal that your lifestyle won’t change in any significant way because of economic conditions, assuming nothing dramatic.  Your lifestyle may change because of your personal situation of income, savings, life events, etc., but it shouldn’t be determined by booms and busts in the economy, at least to the degree that you can control that.

If you save some money and live at least a little bit below your means, then you can typically avoid having to change your lifestyle because of an economic bust.

The Consumer Price Index (CPI) numbers were released for June, and they came in even hotter than expected.

The CPI rose 0.9% from the previous month.  The CPI less food and energy was no better.  It also rose 0.9% from the previous month.

The year-over-year CPI now stands at 5.4%.

The more stable median CPI came in at just 0.2% for the month of June.  This indicates that the significant rise in consumer prices is occurring in half or less of the products being measured.  Still, it is significant for any family that has a budget with a good portion of it allocated towards those products that are increasing at a higher rate.

It is important to realize that these price inflation numbers are like compounding interest.  If you have 1% inflation every month, you don’t get 12% after one year.  It is compounding.  1% per month for 12 months gets you a little over 12% after one year.  This makes a difference over a long time span.

Is it Transitory?

If you listen to the financial media, you will keep hearing the term “transitory”.  The Fed is using this term to indicate that this inflation is just temporary.

There is a problem with that.  Let’s say that the Fed is right and this really is just transitory or temporary.  Let’s go through a thought exercise.

Let’s say you go to the grocery store once per week.  Your average weekly bill is $100.  Then you get some higher price inflation for one year that is considered transitory.  After that first year, you are paying $110 per week at the grocery store.

Then the price inflation stops.  Everyone is relieved that inflation was just transitory.  It has fallen to zero now.  But when you go to the grocery store, you are still paying $110 per week.  You aren’t going back to the old days of paying $100 per week.

You can apply this across the board to everything.  You can apply to your rent.  You can apply it to your medical costs.  You can apply it to your transportation costs, and your clothing, and your restaurant dining, and your monthly trip to the hair salon.

If your wages didn’t also go up by 10%, then you have permanently lost, at least until your wages catch back up.  Even here, with taxation, your wages would have to go up by a little bit more than 10% for that year.

Of course, we aren’t going to zero percent inflation.  The Fed’s idea of transitory price inflation is that it will return back to its 2% target.  So you will keep getting continued price inflation, but it will be at a slower pace.

And the Fed now says it wants an average of 2% over time.  We have no idea what this means and how far back it is supposed to go.  Is it supposed to average 2% going back 20 years?  If we use government statistics, then we could have many years of inflation running at 5% or more to supposedly make up for the lack of inflation in the past.

Tapering?

This is all a joke.  Middle class America is taking it on the chin.  Of course, much of middle class America cheers on the stimulus checks, the unemployment benefits, and all of the other “free” things coming from the government.  People say they care about the deficit/ debt, but they really don’t care.

Even though the Fed claims not to use the CPI as its main measuring stick, there is no question at this point that price inflation is running hot.  It is even probably outside of the Fed’s comfort zone.

We will have to wait until the next FOMC meeting to see if there is any change in policy.  I don’t think they will raise the target federal funds rate at the next meeting.  It is possible we could see some light tapering, although even that is more likely to come in September if it comes at all this year.

This means that instead of the Fed creating $120 billion per month in new money every month, they might only create, say, $90 billion per month.  It is still highly inflationary, but just a little less so.

We will also get to see investors react to all of this.  The giant speculative “everything bubble” that we are currently in is all dependent on loose money and low interest rates coming from the Fed.  When the fuel for the fire starts to be taken away, it is going to have major impacts.

The Fed is too scared at this point to remove all of the so-called stimulus.  Even if price inflation continues even higher, I don’t they will go cold turkey.  They aren’t going to just all of a sudden stop all asset purchases.  It would instantly tank the stock market.

All of this monetary inflation is finally catching up with the Fed.  They are going to have to walk on a narrower tight rope now.  They don’t want to lean too far to the inflation side, and they don’t want to lean too far to the tight monetary policy side, which will give us a recession.  They can maintain their balance for now, but eventually they’ll run out of rope.

The best predictor of a recession is an inverted yield curve.  This is when the yield (rate) on a long-term bond falls below the rate on a short-term treasury.

I have seen different metrics used when determining whether the yield curve has inverted.  I have seen some use the 10-year yield vs. the 2-year yield.  I have seen some use the 30-year yield vs. the 1-month or 3-month yield.

While I pay attention to the 30-year yield, I think it is a little too long of a timeframe to give us what we need in terms of prediction.  If an investor thought we would have a prolonged economic slump for 10 years and then have roaring inflation after that, then it wouldn’t make that much sense to buy and hold a 30-year bond.  It would make more sense to buy a 10-year instrument.

For trading purposes, it might make sense to buy the 30-year bond and then eventually sell it, but only if you think that most others won’t see the inflation coming.

That is my complicated way of saying that I prefer to look at the 10-year yield vs. the 3-month yield when looking for an inversion.  If the 10-year yield falls below that of the 3-month, then you should prepare for a recession, typically within a one-year timeframe.

It is easily forgotten that there was an inverted curve in 2019.  And we did get a recession and major downturn in March 2020.  But the coronavirus and the lockdowns that came with it get all of the blame.  Now we are back into an artificial boom because the Federal Reserve has created ridiculous amounts of new money.

If there was no virus hysteria and lockdowns, it is hard to say how things would have played out.  The Fed would have been forced (politically speaking) to only wildly inflate once things got bad economically.  In March 2020, it had the excuse of the virus and the lockdowns.

If there had been no virus hysteria and lockdowns and the Fed had just done what it did anyway in March 2020, people would have been wondering why the Fed was acting that way even though no crash had happened yet.  We don’t know if this would have been enough to delay any signs of a stock market crash and recession.

Are Bond Investors Telling Us Something?

When people are heavily buying bonds/ treasury bills, it drives down the interest rate or yield.  So if people are rushing in to buy 10-year treasuries, the 10-year yield will go down.  There is a tendency to do this in anticipation of an economic downturn.  Investors are locking in longer-term rates.

The exception to this is when there is anticipation of high price inflation.  You don’t want to get 1.5% per year for 10 years if you think inflation is going to run at 5% per year.  You would be losing money.  The only reason someone would do this is because he sees a loss of approximately 3.5% per year (in real terms) as being better than losing 5% per year.  In other words, you are better off holding the 10-year treasury paying 1.5% per year than having the money sit in a checking account for 10 years earning nothing while losing purchasing power to inflation.

In a relatively non-inflationary environment, U.S. treasury bills and bonds are seen as a safe haven.  When there is fear without a fear of inflation, this is where people put their money.

When you have more demand for long-term government debt and less for short-term government debt, this is a sign of economic problems ahead.  The yield curve tends to invert about 6 months to a year ahead of when the trouble becomes evident.

In the first few months of 2021, the yield on the 10-year was going up.  It was briefly below 1% at the start of the year.  From early March 2021 to early June 2021, the 10-year yield was above 1.5%.

Over the last month, it has started to tick down.  On July 8, it went as low as 1.25% during the day.  This spooked investors in the stock market, which declined that day.

To be sure, the yield curve is still a ways away from inversion.  But it is a little bit closer now than it was a month ago. The bond market is telling us that things may not be so rosy in the future.

The problem is that short-term rates are really low.  They are still near zero, and the Fed isn’t showing signs of raising its target rate, which has a big influence on short-term yields.

Right now, the 3-month yield sits around 0.06%, which is essentially zero.  The only way the Fed is going to hike its target rate this year is if inflation numbers come in really hot.  By this, I mean price inflation.  We already have massive monetary inflation.  And even if high price inflation numbers do come in, the Fed may just not do anything new anyway.

It is going to be very difficult for short-term rates to rise with any significance over the next 6 months, and probably longer.  So to get an inverted yield curve, the 10-year yield is going to have to fall to near zero.  If that happens, we are probably already in a recession, so that isn’t going to do us any good in terms of predictions.

I do think it is possible we could have a recession without an inverted yield curve, especially with the Fed holding short-term rates near zero.

Here is my strategy.  I am prepared for a recession and a stock market crash at any time.  I am not heavily in stocks except for my permanent portfolio and some speculative mining stocks.

But without an inverted yield curve, the prospects for a recession in the coming months is relatively low.  So I am not going to bet on a recession.  For example, I probably won’t be buying any short positions that bet on falling stocks.  I will hedge against a recession, but I will not proactively try to profit from one.

I need to see something close to an inverted yield curve.  Maybe it won’t come before the next recession.  But if that happens, it will be an historical aberration.  There is almost always an inverted yield curve before a recession.

It is hard not to make comparisons.  There are similarities and differences between the real estate situation now and what it looked like in the mid 2000s.

I have heard some discussions on the topic of real estate and whether we are in a bubble.  The general consensus seems to be that we are not in a real estate bubble, or at least it is nothing like what we saw in 2006.

I have been of the general opinion that we are likely in a bubble, but it probably isn’t as bad as what we saw in 2006.  I think it is worse for stocks.  It is also worse for cryptocurrencies and NFTs, but these things didn’t really exist 15 years ago.

I still maintain that the real estate bubble, at this point, is probably not as big as 2006, but I can’t discount that possibility.  Also, the way it is going right now, we may have farther to run still.

In other words, we may not have a similar situation right now as to 2006, but maybe we are in 2004 or 2005 levels right now.

The prices of houses in most areas are going crazy right now.  You can’t see them going up 20% or 30% per year without some kind of major correction.

It is possible that inflation will keep it going, at least in nominal terms.  It makes some sense that people are bidding up the price of housing, as they are buying a hard asset.  And if you take out a 30-year mortgage, the payments in real (inflation adjusted) terms will go down over time as the dollar depreciates.

With that said, it is foolish to buy a house in desperation because some people think the prices will just continue to go up.  The more I hear people say this, the more it looks like a bubble.

Young Adults

I sometimes feel sorry for young people in this world.  I see young adults in their 20s just starting out.  Some of them may even make a good income, yet they are still struggling.  Rents are high and housing prices are even higher.

Let’s take someone who is 25 years old making $60,000 per year, which seems like a decent income for that age.  Most people who are 25 years old probably aren’t making that much.  This person does not live with his parents and is single.  He can pay $1,500 per month for a decent apartment in a decent area.  Or he can pay $300,000 for a basic 3-bedroom, 2-bathroom house.

That last part may actually be optimistic.  In some areas, $300,000 will barely buy you a shed on the side of the road.

Just in this example, that is a lot of money.  $60,000 per year isn’t that much when you take out a big chunk for taxes and another big chunk for health insurance.  That $5,000 per month paycheck could easily go down to something in the $3,000 to $3,500 range.

Paying rent on a $1,500 apartment would take up almost half of that, and you still have to eat, pay for transportation, etc.

But the renting option is the more attractive option.  If you buy a house for $300,000, then you might have a payment (with current low interest rates) around $1,400 per month.  That is just principal and interest.  You also have to pay homeowners insurance, property taxes, any association fees, and repairs and maintenance.

The repairs and maintenance is a massive expense.  If you’ve never owned a home, you don’t realize how expensive it is to keep it up.  When you think about all of the appliances and everything else that can go wrong, you really have to budget several thousands of dollars per year for this.

In this hypothetical situation, I don’t think this person earning $60,000 per year can afford a $300,000 house.  The only realistic way is if he had saved up a lot of money for a big down payment.  But most 25 year olds don’t have much in savings at all.

To be sure, he might get approved for a loan in this amount, but he really can’t afford it.  That was the problem in the 2000s.  People were sold homes and given mortgages that they couldn’t really afford.

This hypothetical person might be able to make it work if he gets two roommates to each rent a room.  That can be a good way to build wealth.  The problem is that most people don’t want to do this.

I lived in an apartment shared with two other people after I graduated college.  I did this for about 4 and a half years.  It was a good decision because rent was really cheap and I was able to save some money.

The Current Mania

While things are a bit different this time, I see many similarities with the current real estate mania and the mid 2000s.  It is a seller’s market right now.  In most areas, you can just put your house out there, and you may get yourself a bidding war between buyers.

I see desperate buyers trying to get in on something because they are afraid they will never be able to afford it if they don’t get in now.  This is a classic sign of a bubble.

The lending may be a little less reckless now than what was in the 2000s.  Back then, you basically needed a pulse and the capability to fill out an application.  Lenders would give just about anyone a loan.  It isn’t quite that bad now.

There are differences now that make the bubble seem even worse though.  There is a house on my street that was bought by a corporation.  I think it was Zillow that bought it.

It has sat empty for several months now.  This makes no sense to me.  What are these investors thinking?

This is why, if you are going to invest in real estate, you really have to do it yourself for any good chance to make significant wealth.  You can’t just throw some money at a big company and expect them to deliver good, long-term returns.

This house on my street sits empty.  They have to pay property taxes.  They have to pay homeowners insurance (or at least they should).  They have to pay association fees for facilities that aren’t being used by anyone living there.  They have to pay to keep up the landscaping.  I have seen a couple of people there to make some repairs, but there are no major renovations.  The holding costs are significant.

Meanwhile, it isn’t being rented out and it isn’t up for sale.  They are just throwing money down the drain.  It’s possible the company could turn around and sell the house at some point and still make money, only because the market is so hot. The price may go up by $40,000 over the course of 6 months.  Even though this is absurd and unsustainable, some investors will get lucky.  Others will not.

If this house is sold later this year, any gains won’t be that great even with the boom because of the holding costs and the transaction costs.  If one person or a small group of investors had bought this house, then it would be rented out by now, or else it would have been flipped and sold already.

The fact that these companies are doing this (being reckless, really) and depending on continued gains through price appreciation, tells me that this is a major bubble.

It is unsustainable because these companies will start losing money.  You can’t just buy a whole bunch of houses and hold them sitting empty and expect to make money over the long term.

The boom is also unsustainable because middle class America can’t afford these ridiculously high prices.

I am convinced that we are in another real estate bubble.  I think the stock bubble is worse, but real estate can be more impactful because of the leverage.

I don’t know how high up it will go and for how long, but at some point there will be a reversion to the mean.  There will be a correction.  Those who are over leveraged will get hurt badly.

Happy Secession Day!  It is also known as Independence Day.

You can read my Independence Day thoughts from 2020, which put off a rather negative tone.

Earlier this year, Joe Biden told us that if we behave well, and we get our vaccinations, and the CDC numbers look good, then we might possibly be able to have a few people in our backyard for a July 4^th cookout.

As I watch baseball stadiums filled with fans, and I see restaurants filled up without any masks, I have to wonder who exactly Joe Biden was talking to.

2020 was a rather depressing and ironic Independence Day.  I had fun with my family and my neighbors in 2020, but the state of the country and the world was rather depressing at that point.  It made it hard to celebrate liberty when most of the country was locked down or under severe restrictions.

I am feeling much better about the situation in 2021.  A majority of people have dropped the masks, and life seems to be getting back to normal (pre March 2020).  It is understandable that some people remain guarded, not because of a virus resurgence, but because of a government tyranny resurgence.

I see how things have been in other first-world countries including Canada, Australia, the United Kingdom, and much of Western Europe.  For all of the faults of the United States of America, Americans are demonstrating to the rest of the world that it is possible to be relatively free.

I don’t understand how Canadians can see filled sports arenas and see Americans living life, while they remain under lockdown or heavy restrictions while terrified of a virus.

The Soviet Union fell in the late 1980s and early 1990s.  The Russians got a glimpse of life in America, and it was far superior to that of life in the Soviet Union.  But this was in a pre internet era, so it is understandable that a lot of information was blocked from ever getting in.

In today’s world, how can Canadians and others not see what is happening?  They have televisions.  They have Facebook.  They have the internet.

I have been saying through the virus hysteria that the best thing you can do is to live freely to the greatest degree that you can.  It is a demonstration for others.  You won’t win over many people by arguing with them about statistics.  But when visitors came to Florida and saw people going to restaurants and congregating in crowds, they started to realize that we weren’t walking over dead bodies everywhere because of a virus.  It sets an example.

While Biden and Fauci continue the scaremongering with talk about vaccines and variants and everything else, the best thing to do is to ignore them in the way you live your life.  It is an informal way of seceding.

So for that reason, I am feeling better about American life in 2021.  We may not be officially seceding or declaring independence, but most Americans are essentially ignoring what Biden and Fauci say at this point.

The views of the average Republican voter have shifted over the last 5 years.  It is mostly a positive shift, although there is a lot of progress to be made still.

This is largely due to the Trump effect.  For all of his flaws, Trump has moved his followers into being slightly less statist.  I think there was already major discomfort in a major faction of the Republican Party.  That is why Trump was able to exploit this and get the nomination in 2016.

To be clear, I am talking about the average Republican/ Trump follower.  I am not talking about politicians and bureaucrats who claim to support Trump.

I was talking to a friend the other day.  He is a big fan of Trump.  He knows that I am a libertarian.  We can have a good discussion, but there are areas of disagreement.  Sometimes there are disagreements on the most important topics.  He sees immigration as a very important issue.  It’s not that I don’t think it is important, but it is not a top issue for me.  I also think it is largely an effect of other bad policies.

If you dramatically reduce the welfare and warfare state and enforce property rights, then immigration becomes less of a problem.

In our conversation, I was criticizing Trump for people he surrounded himself with.  I said that people like Bill Barr and Nikki Haley are not, and never were, Trump’s friends.  Haley opposed Trump in 2015 and 2016 when he was trying to get the nomination.  Barr is another leftover from the Bush regime.

I mentioned Mike Pompeo to my friend.  He said he views him favorably.  I told him not to be fooled.  Pompeo is just politically savvy.  He will take Trump’s words and manipulate them into a more hawkish stance on foreign policy.  He is careful not to directly criticize Trump because he knows how much support Trump has.

I have seen the same thing with Lindsey Graham over the last several years.  He is still a major war hawk, but he makes himself appear to be an ally of Trump.  He has slipped up a few times, and I think some Trump supporters recognize now that Graham is not an ally.

I also mentioned George W. Bush to my friend.  He is not a fan.  My friend suspects that Bush was behind the 9/11 attacks, or at least knew it was going to happen.  This is a major thing.

It’s interesting that Trump has turned a large portion of the Republican Party against Bush.  This helps cut down on the militarism.  I just don’t understand why more of them didn’t see an issue when Trump was appointing Bush regime leftovers to his cabinet/ administration.

Police, Military, Intelligence Agencies

I watch Fox News a little bit.  I have seen some shifting there based on viewer preferences.  Most of it is positive, but I understand there are many shows and people on that network that still promote war and militarism.

While CNN and MSNBC talk about Russia, many on Fox News are talking about China, and not in a good way.  It is just more poking at the hornet’s nest.

It’s not that there aren’t a lot of things to criticize about China, but they ignore the many crimes of the U.S. government.  The criticism we do get internally is about Biden and Harris, not about the whole corrupt system.

But there are exceptions.  Tucker Carlson holds the big primetime spot at 8:00 PM on the east coast.  While he is not a libertarian by any means, he has largely been a hero for those promoting liberty.  He has done some great work exposing the deep state.  If Bill O’Reilly were still in there, we would be getting old Republican talking points promoting tyranny and war, sprinkled with a few good things here and there.

I sometimes see parts of Gutfeld before I go to bed.  This is a mix of comedy and political/ current events.  I certainly disagree with things that are said on the show, but there are a variety of guests with a variety of views.  Sure, there are no hardcore leftists on there, and most of it leans conservative, but I can’t help but notice the libertarian leanings of some of the people on there.  I have heard criticisms of the drug war, the police state, and other things that would make a libertarian happy.  I saw one episode where Dave Smith was one of the guests, so that in itself puts it ahead of almost any other show on television.

The Republican base still defends the police and military.  They still even sometimes defend the intelligence agencies.  They’ll say things like, “Most of the people with the FBI are good people, but there’s a few corrupt individuals at the top.”

Still, I’ll take what I can get, because I also hear criticisms of U.S. foreign policy and criticisms of the police that I wouldn’t have heard 5 years ago.

There is more skepticism of power, including those who actually carry out the enforcement.  Conservatives have seen videos of the police tackling and arresting someone because they weren’t wearing a mask, or going to a restaurant to shut it down because they had indoor dining against the restrictions.  More people are seeing the viciousness of the state come out.  And it can only be vicious if it is enforced with force.

People have also seen the brutality in other first-world countries.  There were people in Australia getting arrested for being out without a purpose.  There was a pastor arrested in Canada for having a church service.  This exposes the state for what it is.

Trump did his part in exposing the deep state.  Some of it was done inadvertently.  The corporate media, in trying to attack Trump, also helped to expose themselves as liars, as well as exposing the lying and criminal intelligence agencies for what they are.

Conclusion

The Republican politicians and bureaucrats are still mostly corrupt.  Some of them read the political tea leaves and change their rhetoric accordingly.

The average Republican who has generally supported Trump has gotten better.  Trump is a major improvement over Bush.

There is still way too much reliance on the state.  But there is less militarism than before, and there is a little bit of skepticism towards too much police power.  This is a step in the right direction, and libertarians should exploit this.

I find you can talk to most Trump followers.  It is easier to nudge them in a libertarian direction than you will get with almost any leftist.

The state has less consent of the people than it did 5 years ago.  Overall, this is a positive occurrence for liberty.

Now we just need to get the Trump people to start questioning the idea of the state educating our children.