Force Majeure: another wrecking ball?

 

Belle Carter at Natural News (& reposted at Discern Report), introduces another likely wrecking ball coming to your neighborhood:  force majeure.  Back in the day, when part of my job was negotiating contracts, a force majeure clause was always one of the standard provisions.  At that time, force majeure would have been described as:

In business circles, "force majeure" describes those uncontrollable events (such as war, labor stoppages, or extreme weather) that are not the fault of any party and that make it difficult or impossible to carry out normal business. A company may insert a force majeure clause into a contract to absolve itself from liability in the event it cannot fulfill the terms of a contract (or if attempting to do so will result in loss or damage of goods) for reasons beyond its control.

In my own professional experience, no contract was ever nullified by force majeure.  But now here’s Ms Carter sounding yet another alarm: 

Back in September last year, the Health Ranger Mike Adams put forward a scenario in which things could end in a global force majeure. This is slowly taking shape now as financial institutions start to crumble.

Finance website Investopedia defines force majeure as a clause included in contracts that takes out liability for unforeseeable and unavoidable catastrophes that interrupt the expected course of events and prevent participants from fulfilling obligations.

The examples cited are natural disasters like hurricanes, tornadoes and earthquakes, as well as human actions like armed conflicts and man-made diseases.

“It means that many financial obligations – potentially including social security, U.S. Treasury debt, pensions, derivatives, commodities paper contracts, industrial deliverables, insurance payout obligations, etc. – would be nullified,” Adams said during the September 12, 2022 episode of “Health Ranger Report.”

“This appears to be part of the ‘Great Reset’ plan to clear out U.S. Treasury debt by ‘defaulting without defaulting’ – i.e. blaming some other great emergency for the cancellation of financial obligations and the wholesale resetting of the global money canvas.” (Related: Global FORCE MAJEURE coming after declaration of World War III – many financial obligations, contracts and pensions will be vacated.)

Stock analyst Marshall Hargrave also pointed out that force majeure, by virtue of not always being 100 percent clear and transparent, generally favors the big guys. . . .

Ms Carter covers related topics, including ownership of precious metals, especially gold, as a hedge.  As noted above, though, force majeure “generally favors the big guys”.  The full article is here.  

And again, if you think this is far-fetched, according to Investopedia, the Wuhan coronavirus (COVID-19) pandemic could qualify as force majeure.  

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Climate change hysteria

 

At American Thinker, Andrea Widburg puts climate change hysteria -- i.e., the probable next global "emergency" -- in a historical perspective.  Here’s an extract:

Democrats hope Biden uses the climate
to take over and destroy the economy

We've already seen how Biden's initial attacks on our energy industry, through the executive orders he signed on his first days in office, have created a rolling economic disaster.  When energy prices skyrocket, all prices skyrocket.

. . .

the only thing separating our modern era from the pre-modern era is fossil fuel.

When we watch period pieces on TV or in movie theaters (anything about Jane Austen or the tawdry Bridgerton series, for example), the pre-modern world looks lovely: it's all pastoral vistas; politely curtseying maids; abundant food; and brilliantly colored, gorgeous clothes.

In fact, the past was nothing like that.  The 1% experienced those benefits.  The rest of the people lived horrible, short lives.

Everything that needed to be done had only four energy sources to make it happen: human energy, animal energy, limited water energy, and equally limited wind energy.  The reason for slavery was that human energy was the easiest to obtain and exploit, which is why slavery has been a dominant factor in human history for all but the last 200 years.

. . .

It was only by the mid-19th century, as fossil fuel began shaping a new middle class, that an increasing number of people began to have abundant food and clothes, even if they weren't as pretty as those seen in a Hollywood movie.  And it was only after WWII, in an era of abundant fossil fuel, that we finally had a world of plenty that saw more people than at any other time in history live long, comfortable lives.

This is what Biden plans to end with a stroke of a pen. . . .

Read the full column here.

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Nigel Farage: Every state is now a border state

Since my husband is a naturalized US citizen – and he played by all the rules to earn his American citizenship -- this article by Nigel Farage caught my attention.  Forget that it’s Newsweek;  the full article is here.  Here’s the start:

On my tour of America over the last few weeks, I have inevitably spent a certain amount of time watching cable TV in hotel rooms. A recurring story that has cropped up on the news is the border crisis. Many of the images I've seen showed large groups of immigrants being rounded up. Others, which were even more distressing, depicted young children who have simply been abandoned.

The total number of people who have come into the U.S. illegally so far this year is unknown. Some estimates claim it is as high as 700,000. Many—perhaps most—voters agree that it is at an unsustainable level. Yet given the Biden administration's reluctance to return any of these people to their home nation, the upshot is that every state is now a border state.

It is fascinating to compare Joe Biden's handling of this situation with the approach of one of his Democratic predecessors, Bill Clinton. When Clinton delivered his State of the Union address in 1995, he received a standing ovation from Congress for his comments on illegal immigration, in which he repeatedly referred to those who were in the country illegally as "illegal aliens" or "criminal aliens." Clinton would not get away with uttering these words today, in the "new" America.

Although every commentator continues to describe this situation as a "crisis," I would suggest the time has come to call it an emergency. And yet as a political issue, doing so could prove to be electoral dynamite in the midterm elections of 2022. For those people who have done the right thing and entered America legally, the idea that those who came illegally—or those who have been trafficked—will soon have to have the same rights as them is an insult. It is for this reason that I believe this situation offers much hope to Republican candidates, especially when it comes to appealing to Latino voters.

. . .

I decided that I would visit the border following a speaking event in Phoenix. What I discovered there is far more sinister and dangerous than anything that I could find on cable TV.

. . .

There is no getting away from the fact that this is a criminal enterprise from start to finish, and all American voters need to be told this truth. 

FTA: “For those people who have done the right thing and entered America legally, the idea that those who came illegally—or those who have been trafficked—will soon have to have the same rights as them is an insult.”  Yup.

Full article is here.

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