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11/10/22: “C” IS FOR C DAY W/ ALAN JOHNSON

Ron Patton | November 10, 2022

December 13, 2022, will be the introduction of  Central Bank Digital Currencies (CBDCs) into the banking system. According to investment analyst, Jim Rickards, ‘C-Day’ will lead to a disruption of traditional financial systems, the U.S. dollar crashing, paper money becoming worthless, restricted consumer spending and access to basic needs, and, penalties for “having too much cash….” We need to wake up in order to see the economic propaganda fraud going on before our eyes, and, resist the robot and electronic money onslaught being unleashed on us. Tonight on Ground Zero, Clyde Lewis talks with financial analyst, Alan Johnson about “C” IS FOR C DAY.

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11/10/22: “C” IS FOR C DAY W/ ALAN JOHNSON

SHOW TRANSCRIPT:

I was reading something in the Wall Street Journal that I saved for reference and as I was cleaning out my news feed I read this:

“The economic pain from the highest inflation in four decades is reaching across all income groups and casting a broad shadow over Democrats’ prospects for keeping control of Congress in Tuesday’s midterm elections, the latest Wall Street Journal poll shows.”

Well, needless to say, that paragraph did not age too well — but again, it is about a poll saying that inflation and scarcity would cast a shadow on the midterms for democrats.

But it didn’t. 

The votes showed that things are going to continue to tailspin and that all of those warnings about a new monetary system and inflation out of control were not enough to create an upswell of voters to eliminate or at least try to realign our priorities so that we will not have to make sacrifices this winter. 

Now, again, we face a dark winter, in the aftermath of a confusing midterm election that produced no real change or impact.

U.S. consumers appear to be approaching the holiday season somewhat cautiously, according to The Conference Board. The private research group’s Holiday Spending Survey found consumers plan on spending an average of $613 on holiday gifts this year, down from $648 last year. They also expect to spend more on related non-gift items this year, or $393 compared with $374 last year, reflecting high inflation and surging food prices, in particular, that may be limiting spending on gifts. 

If you haven’t realigned your budget to reflect Bloodbath and Beyond consumer groups are now warning that you should do so — there are no guarantees this Winter.

I ask again, did we really vote for this? Are we still willing to support a war that is gutting us and the rest of the world financially? 

This is unbelievable. 

I was having a conversation with my neighbor about the failure of the Red Wave and what this means for the economy. My neighbor is a conservative and wondered why voters wanted more of the same, mostly an unwinnable war, and the hardship it has placed on the entire world.

The United States has not even organized a group to investigate why Ukraine is getting a blank check. The liberals will tell you that it is to defeat the evil Putin — but others believe that it is an intentional tanking of the economy in order to provide an alternative that will be sold as the answer to our financial woes.

The current Federal Reserve Board has confused a shortage of goods and services due to Washington-induced supply constraints with excess demand inflation and is raising interest rates in order to reduce aggregate demand. This policy is nonsensical. The incompetent Biden regime’s Covid lockdowns and Russian sanctions caused large reductions in supply. Businesses were closed and many failed to reopen. Supply chains were disrupted. Sanctions against Russia reduced the supply of energy, thus kicking up its price and the price of everything dependent on energy–essentially everything.

The Fed’s policy of raising interest rates simply raises costs higher.  Everything dependent on credit costs more, including home mortgages. The Biden regime’s sanctions against Russia are the source of the largest part of the higher prices because of their impact on energy costs.

Washington’s Russian sanctions are being used to destroy European businesses, thus removing European competition with US firms.  Consider just two aspects of the sanctions: European firms have been forced to break off profitable business relations with Russia and those with operations within Russia have had to abandon them. Europe, especially Germany, is being cut off from energy, thus endangering not only living standards but the existence of domestic industries.  

There are reports that the US is using the lure of plentiful and relatively cheap energy to recruit German car makers and other industries to relocate to the United States. In other words, the US is trying to recover from the disaster of relocating its own industry offshore in Asia by using “Russian sanctions” to relocate Europe’s industry in the US.

We are certainly going to feel the pinch here in the states with dwindling diesel fuel and food chain interruptions. Both Trains and trucks need fuel. When there is no crude, there is no food. 

As a reminder, President Biden’s Executive Order 14067, will direct agencies to explore with “the highest urgency” the legal and financial benefits and risks of the establishment of the U.S.’s own central bank digital currency for consumers, investors, and businesses.

Central bank digital currencies are called CBDCs.

Recently, investor Jim Rickards came forward with alarming news, which he refers to as “C-Day” — C-Day, which he says will be December 13th, 2022, will be the beginning of introducing that CBDC into the banking system.

According to him, this ‘C-Day’ would lead to a disruption of traditional financial systems, the U.S. Dollar crashing and paper money becoming worthless, restricted consumer spending and access to basic needs, penalties for “holding too much money with severe negative interest rates.” 

President Biden’s Executive Order 14067 states that:

“Any future dollar payment system should be designed in a way that is consistent with United States priorities (…) and democratic values, including privacy protections, and that ensures the global financial system has appropriate transparency, connectivity and platform and architecture interoperability or transferability, as appropriate.”

Meanwhile, the International Monetary Fund (IMF) stated that CBDCs and cryptos can be a more effective payment solution than credit and debit cards, especially in terms of energy consumption.

The technical effort to implement a system such as this is immense and well beyond the capabilities of the government to handle itself. Deploying such a system would directly eat into private financial companies’ bottom line and cause a massive hit to the U.S. economy if successful.

The economy itself is critical and places all over the world are already warning of scarcity. Governments are even demanding sacrifices from their people to cut back on the consumption of fuel to heat their homes this winter.

For many people who are fans of late-night talk shows, especially those like mine, we have a language that is all our own. Some of the time, we educate ourselves by using TV, graphic novels, and movies. 

Most of them are precautionary tales about how fast we can all slip into a dystopian world. I always seem to drag out Orwell to make a point as 1984 is one of the staples that people should read to get an idea of just how close we are to totalitarian despotism. However, some believe we are closer to the vision of Huxley when he wrote Brave New World. They cite that no matter how bad it gets, Big Pharma is there to ensure our chemical enslavement. 

I recently spoke about John Carpenter’s, They Live,as another example of how we are being programmed to follow the elite into a hell of tyranny.  

I was told that perhaps I should talk about a number of films that focus on scarcity. Well, I have spoken of Soylent Green which, by the way, is set in the year 2022. However, I have been told that I should talk about the Hunger Games as scarcity and economic downturn are the chief concerns in the story.

In a consumer society where alternative food networks and associations have been built on the premise that we can change the food system one meal at a time and that eating is an agricultural act,  this movie reminds us that when we are desperate for food and water, sometimes we can be poachers in somebody else’s territory.

The same can be said about money matters. We are watching the European banks scramble to try and remain solvent — and we will begin to see that the bankers will have to change the monetary system one digit at a time as we will all have to get used to the idea of a cashless society — where money is no longer a personal commodity — it will become something that is monitored closely and controlled from approved banks from a World authority.

 Our lives are driven by fear. Fear leads us to spend and consume; fear leads us to withdraw from our communities; and fear leads us to apathy regarding our own social and political processes. 

The idea of apocalypse is a central tenet of human society. 

But no one has stopped to ask if we can even afford to live in a financial meltdown or a Cashless Apocalypse.

Whether we know it or not there has been a giant tug-of-war behind the scenes with regard to the global economy. It has been overlooked by the mainstream media since the pandemic hysteria died down.

During the pandemic, it looked as if the banks had the same goals but now we are seeing many banks worldwide scrambling in order to brace for a possible economic change because of war and manufactured scarcity.

The UK’s attempt to boost its economy with fiscal stimulus backfired, triggering a bond rout. In the short term, the Bank of England was forced to step in and support markets.

Similar tensions may be in store across the world’s financial markets as economies slow while inflation remains stubbornly high.

When monetary authorities look at soaring prices, they see inflation that must be stamped out — by driving economies into recession if need be.

But politicians in charge of budgets see something different because voters hit by a cost-of-living squeeze expect their governments to help out, which typically means spending more or taxing less.

That’s what many of them are doing — especially in Europe where natural-gas shortages caused by the war in Ukraine threaten blackouts and power rationing this winter. Germany alone is planning to borrow as much as 200 billion euros to tackle the energy crisis.

Elsewhere, Japan is adding more fiscal stimulus, and many countries have stepped up food or energy subsidies.

All of this points to a new policy mix that departs from the recent past. Recently there has been a concern in Europe about economic downturns and the possibility that England, France, and Germany may face a very cold winter with food sources diminishing and oil for heating homes becoming scarce.

The danger can be immediate, as the UK found out when Prime Minister Liz Truss’s new government tried to simultaneously cut taxes and subsidize energy bills, at the same time as the Bank of England was scrambling to control prices with higher rates.

Truss’s unfunded proposals triggered a gilt-market rout that had pundits speculating about the return of the so-called “bond vigilantes” –- essentially, investors who police economic policies and sell sovereign debt when they don’t like what they see.

With money no longer cheap, other governments announcing plans to borrow and spend will likely attract that kind of unwelcome scrutiny.

New research by Bloomberg Economics suggests that several major economies are on an “unsustainable debt trajectory, unless they make painful budget cuts.” For the Group of Seven nations as a whole, interest payments on public debt are on track to reach 3.6% of economic output by 2030, more than double the pre-pandemic level, the study finds.

High on the watch list for would-be vigilantes is Italy, which, like the UK, has a new government with ambitions for a more expansionary fiscal policy. France and even the US could be next, according to Bloomberg Economics.

You may recall that at the height of Summer, there were reports from China that Tanks were called in to protect the banks from protestors that wanted to withdraw all of their money.

China’s Henan province has been ground zero for clashes between police and depositors with the latter saying they have been prevented from withdrawing their savings from banks since April this year.

 Viral videos that were doing rounds on social media claimed that China’s People’s Liberation Army (PLA) tanks were deployed on the streets to scare protestors. Large-scale protests are being held in the province by bank depositors over the release of their frozen funds.

China denies all of it and claims that the story is disinformation. 

Again, we should pay attention to possible bank runs in the future and the devaluing of the dollar as we will be seeing the move towards central bank digital currency.

I am thinking that while the idea of C-day sounds dire, the conversion will either be gradual and confusing — and it might be so slight that we won’t see anything uncomfortable happen — but we must throw caution to the wind as we see the temperatures getting colder, energy dwindling, and banks around the world having to white knuckle their way through this economy.

Of course the government is going to take advantage of the broad increases in surveillance capabilities and powers that a CBDC will bring.

Their own report specifically mentions more efficiency as a payments platform, faster cross-border payments, economic growth and stability (easier monetary policy control), protecting against cyber and operational risks (security breaches of financial institutions), safeguarding the privacy of sensitive data, and minimizing the risk of illicit financial transactions. So, in other words, they want to have total insight into your entire financial activity, have the ability to directly deposit money into people’s accounts for stimulus and monetary policy purposes, and be able to arbitrarily block “illicit activity,” which as we know these days is a quickly shifting target that means who knows what next year.

In 2017, your average adult made 41 economic transactions a month with about 12.4 of them taking place with cash. Looking at these figures, that would mean that approximately 3 to 4 billion cash transactions occur in the United States each month.

We may want to acknowledge that we are already used to a cashless society — we have been using the training wheels for some time — but to give up cash is going to be a harder endeavor.

Such a system would need the kind of uptime that we currently see with payment systems like Visa and Mastercard. 

Think about how often basic digital government services fail and go offline. Have you ever had a tax year where IRS payment portals did not get overloaded and crashed? Does anyone remember the massive debacle of the Obamacare website and constant crashing and failure? 

Do you really think that the federal government could handle building and maintaining a system independently to facilitate the types of payment volumes necessary to offer a digital alternative to cash without massive failures? 

What happens when users suffer fund losses? Lose their phones? Things break? Massive companies such as PayPal and major banking institutions who have had years, decades in some cases, building customer support systems to handle such failures and issues regularly drop the ball, take forever to respond to people and drag the entire process out into a long and frustrating ordeal before actually solving the problem. 

Do you think the federal government could handle such a task? 

I could tell you no — but what would stop them from trying? Nothing because they are hell-bent on destroying systems that work in order to replace them with their globalist operating systems meant to bring equality to the world’s wealth.

The idea, ostensibly, is to have a system operated by the Federal Reserve or potentially the Treasury. That provides financial services and capabilities directly to consumers.

Everything is made to sound so simple and so perfect — and yet we have to also consider that it too is flawed — and has kinks that need to be worked out — and when they are, I am sure the consumer would suffer in the process.

 How many people would choose to use a CBDC over Cashapp or PayPal? Over their bank at JP Morgan? If it was a significant amount of people this would have a huge negative effect on the financial sector. Every person who chose to withdraw their money from those institutions and instead hold in a CBDC would be someone pulling their deposits from the bank and leaving them with less reserves to conduct business with.

There are literally zero benefits in such a system to implementing any of the key primitives of a system like Bitcoin or other cryptocurrencies. 

Crypto dealers have been used to the routine… but the average American doesn’t even know how Bitcoin or any other cryptocurrency retains its worth.

 Why introduce the public to a “CBDC?” 

So people can lose access to their funds easier? To have some compelling narrative you can push on the unsuspecting public? That’s irrelevant, just simply adding a QR code that you can scan to send money is fancy and new and fresh to normal people, that’s all you need for your “compelling narrative.”

Cashless society seems like an inevitable progression into an easier, faster and more convenient future. But this comes at a huge cost of privacy and anonymity of cash payments, and freedom from control over people’s funds.

But it is not all about loss, control  or tanking the system — it is all about programmability — they want to determine what you spend your money on and flag spenders who would invest in what they determine to be harmful purchases.

It doesn’t take much imagination to see just how this system could evolve and reshape society into a truly dystopian nightmare.

Imagine a currency that is flagged for what they deem essential buying — and I am sure they will require that certain foods be purchased and that drugs that are off limits will be curtailed. Of course, if Universal Basic Income is put in place, then it’s possible the majority of people could end up on “state benefits”.

That should be enough to keep the people pacified. We are seeing that it is easier for the government to use propaganda to get the people on board for their own financial ruin.

Money that is all subject to corporate control and used to enforce the unspoken state-corporate partnership is what perfectly defines true fascism.

We’ve witnessed the rise of cancel culture, the cultivated age of identity politics, and virtue signaling. Well, imagine how programmable currency fits into that. Companies could commit to “combating hate” and stop their employees from donating money to black-listed political parties, religious groups, charities or individuals.

Imagine a world where companies could “renounce those who spread misinformation”, by making it impossible to spend wages they issue on art/films/music/books by outspoken critics of the government.

Calling for companies to protect us from ourselves is the ultimate in enlightened despotism.

Once free speech is defined as harmful or violent, the algorithms can take it from there. At the urging of our leaders, companies like Amazon can censor “everything for the people, nothing by the people.”

We can then live under the enlightened despotism of governing algorithms that protect us from our dangerous curiosities.

The controlling oligarchy can empty your bank account of whom they call subversives — this is the slippery slope we face.

The World Economic Forum has a clear vision of the future where people “own nothing and are happy”, combine that with a prolonged war on home ownership, and you can see employers and governments issuing money which can be spent on rent, but not on a mortgage.

Now imagine the “Green New Deal”. Hard limits on how much money you can spend on fossil fuels, plastics or meat. Imagine how they could control your freedom of movement — you can only spend so many dollars on travel. You have overused your carbon limits for the month. You are penalized for using too much water on your lawn.

You must comply for the good of the planet — and they will determine just how much money you can have for your insolence.

Imagine trying to make a transaction on your phone and you get hit with a notice that says:

“To reduce your CO2 footprint, your food purchase with digital cash has been declined because you went over your car mileage limit.”

It has been tracked and monitored with your digital ID.

Surveillance is everywhere. Now, not only our phone calls and e-mails are being spied on, but our bank accounts are too. And what’s worse, with a cashless economy, our accounts are vulnerable to be invaded and robbed by the state, by thieves, by the police, by the tax authority, by any kind of authority, and, of course, by the very banks that have had your trust for all your life. 

The point is we are facing a time of ‘banks über alles’ — or banks above everything — and it just won’t be worth it to earn money that you won’t have full control over.

Banks will call the shots in the future, on your personal economy and that of the state. They are globalized, following the same principles of deregulation worldwide. They are in collusion with globalized corporations. They will decide whether you eat or become enslaved. They are one of the major weapons of the 0.1 % to beat the 99.9% into submission.

We are currently at a cross-roads, where we still can either decide to follow the discourse of a new electronic monetary era, with ever less to say by “We, the People” about the product of our work, our money; or whether, We, the People, will resist a banking/finance system that has full control over our financial resources, and which can literally starve us into submission or death if we don’t behave. 

We, the People, have still the chance to decide whether for continuing rotting in a fraud economy, based on wars and greed for which digital money, exacerbated by cryptocurrencies, is a new tool for a new maximizing profit bonanza on the back of the common people; or do we opt for an honest future and for a life that leaves us free to take sovereign political and monetary decisions in a full cash society. For the latter, we must wake up to see the propaganda fraud going on before our eyes, and to resist the robot and electronic money onslaught being unleashed on us.

SHOW GUEST: ALAN JOHNSON

Alan Johnson is a conservative radio commentator who appears regularly on Ground Zero with Clyde Lewis and America’s First News with Matt Ray, as well as other shows.  Alan is a serial entrepreneur and business owner providing financial and IRA services specializing in Precious Metals IRA accounts with the United Gold Group. His phone number is (800) 753-8534 and his website is https://www.unitedassetgroup.net/

Written by Ron Patton

Comments

This post currently has 19 comments.

  1. John Weiner

    November 10, 2022 at 12:39 pm

    This resistance you call for is a good step in the right direction from the last show you did on this subject two months ago, Clyde, but it will take an all of society effort, including from the new congress which looks like it will have a Republican majority in the U.S. HOUSE OF REPRESENTITIVES, with as many as 25 more Republicans in the new House of Representitives, where all spending bills must begin according to the UNITED STATES CONSTITUTION. There could also be as many as 52 Republicans in the senate if all things break their way, for all it is worth, afterall the last time they had the presidency, with President Trump, and controlled both houses of congress, they couldn’t even build the wall on our southern border with Mexico. additionally, I still believe all this will require a mass movement of some sort. By the way, did Rusty ever contact his congressman, as he suggested in one of his comments regarding the SF6 program?

  2. Johnny O

    November 10, 2022 at 6:24 pm

    I won’t accept centralized digital currency for payment. It’s worthless to me, and nothing but a tracking device

  3. Rusty

    November 10, 2022 at 7:52 pm

    I still haven’t contacted him yet but it wouldn’t do much good anyway I’m going to write to some other ones.
    The GOP could get the Senate as John mentioned, then GOP has both Houses but, will that be enough? At least it would slow down the activities of the Biden administration, putting some brakes on the rate of decay.
    It’s insanity. Billionaires directing human lives on global scale

  4. SARGE

    November 10, 2022 at 9:19 pm

    People Will NO LONGER BE ABLE TO HELP THE HOMELESS WITH SPARE CHANGE OR PAPER MONEY BECAUSE THERE IS NONE ONLY PLASTIC CURRENCY. A VERY SAD DAY FOR OUR SOCIETY. THE LORD SAID HELP THOSE IN NEED. BUT THE EVIL DEVILS SAY. NO. LORD PLEASE BRING YOUR WRATH DOWN UPON THEM

    • joe

      November 10, 2022 at 9:27 pm

      so true EVERYTHING by design\ Zionist ramping up end times. guess Kanye + Irving+Alex +Icke+Prince+M Jackson+ and hundreds of Millions are LYING

  5. John Weiner

    November 10, 2022 at 9:52 pm

    Clyde, on, Wednesday, November 9, 2022, I read on the same internet that Owen Shroyer stated ,” that there is news of Ukrainian defeats all over,” I read a report that the Russians were retreating from Kershon, in the south of Ukraine. He also stated that the Russians were planning a winter attack against Ukraine with 500,000 fresh troops. Who are these troops? Are they the draftees who are in their 50s and 60s and older who are said to be in declining health who couldn’t escape Putin’s Russia in time? If so, I don’t,/can’t see them doing much, if any better against the now war hardened Ukrainians than the younger, healthier Russian troops did, so quit throwing Ukraine under the bus, sacrificing them at the alter of Vladimir Putin, please, Clyde.

  6. SARGE

    November 10, 2022 at 10:07 pm

    FEAR THE LORD. YOU ARE TO DIE ONCE THEN BE JUDGED. YOU RICH ELITIES ARE GOING TO DIE AND GUESS WHATS NEXT JUDGEMENT. AND ALL YOUR MONEY CAN DO CRAP ABOUT IT. BECAIUSE YOUR POWER OF CONTROL WILL BE NOMORE. YOUR IMMORTAL SOUL MAYBE DAMMED FOR YOUR CONTROLLING WAYS.

  7. joe

    November 11, 2022 at 1:14 am

    UKRAINES finish done..no more money coming USA Cutting him off.. 12 more NATIONS join PUTINS Brics .17 now. Russias new SATAN 1& 2 Hypersonic 23 nuke warheads ready. Russia & china space force next. HUNGARY & TURKEY NEW POWERS with Russia. Read Covert action quarter report. or Intelligence Digest.

  8. STEPHEN

    November 11, 2022 at 1:34 am

    STRANGE HOW THE ELECTORIT IS 50% TO 50% EVEN KNOWING THE CIRCUMSTANCES ON THE WORLD STAGE & THE ENCONOMY THAT EFFECTS THEIR DAILY LIVES & A CORRUPT FAILED POLICIES PRESIDENT & DEMORAT CONGRESS WHY NOT 40 60 OR 30 70 THERE IS THIS SILENT LIBERAL SIDE SHOWING UP IN THE ELECTIONS KINDA LIKE PHANTOM VOTERS, WHY WOULD ANYBODY VOTE DEMORAT WHEN THEY ARE THE ONE SUFFERING, DON’T MAKE SENSE, ONE THING IN THE PAST SUCH AS HIGH FUEL PRICES WOULD MAKE OR BREAK AN ELECTION, HOW ARE PEOPLE AFFORDING TO FUNCTION, YET SHOW NO SIGNS OF CHANGING LIKE SOMEKIND OF HYPNOTIC STATE

  9. joe

    November 11, 2022 at 4:49 am

    As a former warlock+ satanist+Santeria +kabbalist QLIPPOTH 22 tunnels & left hand path sex chaos Sorcerer . End times as in NOAH. murder,rape,liars,homo,pedophile,lust == Demonic possession SUICIDE DRUGED MEDIA ZOMBIES like Micheal jacko, Brittney,Whitney,prince,Monroe,Garland.

  10. Jimbo

    November 12, 2022 at 10:06 am

    Steve Forbes. 1996 and 200 Presidential candidate, advocates for what can be termed “gold backed bitcoin” in a recent book on Inflation. Gold serving to lend some measure of stability to DC(digital coin) known for it’s wide value swings that keep most away. Analogous to numismatic gold coin market riding on the back of the commodity bullion market, such DC would never fall below a gold backed value, yet has open room above that for market driven speculation and demand, just as the stock market has.

    The issue with DC, generally, is how to keep a paper money level of privacy, in what of necessity must be vettable public blockchain transactions, ie: public-but-private at the same time.

    For free-market/free-enterprise to be Free, it must “remain free” from total governmental control (TGC) through manipulation or “oversight.” Therefore a suitable methodology is required to enable such p/p, DC transacting.

    In early post inception days social security numbers were supposed to function by being known to the government and that citizen, only. In effect, the government ostensibly issued US citizenry a (numeric) cryptograph.

  11. SARGE

    November 13, 2022 at 11:39 am

    PRECIOUS METALS WHAT DIGITAL CURRENCY WILL THAT FALL UNDER. GOLD AT FORT KNOX WILL BACK DIGITAL CURRENCY AS IT DID PAPER? SOMEBODY BETTER TELL KING CHARLES NOT TO PUT HIS FACE ON PAPER MONEY.

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