#35 - Dan Denning On No Buy Lists

Welcome to the No Buy List You’ve heard of the No Fly list before, no doubt... where people are flagged by the government as potential terror threats and denied their right to travel. As with all government programs, this one is rife with inefficiencies and wrongful accusations and plenty of innocent people get caught up in the dragnet. Well, now it’s time to get ready for the No Buy list... At least, that’s according to PayPal co-founder David Sparks... who would know a thing or two about such a list as it is his former company, PayPal, that is leading the charge in this new form of financial ostracism. (Here’s his excellent column on the topic, for further reading.) PayPal has teamed up with such censorial mission creepers as the Southern Poverty Law Center and the Anti Defamation League to create a list of individuals it wants banned from their payment platform. Other fintech companies are expected to follow suit. What gets you on such a list? What precedents are being set? And what will become of the hordes of people denied not just a voice, but potentially their livelihood, too? As these people are increasingly marginalized, are they likely to become radicalized? And might they not then be driven to vote for exactly the kind of authoritarian you wouldn’t want in charge of such a dangerous, Orwellian architecture of permission-based living? I’m joined today by The Bonner-Denning Letter’s co-author, Dan Denning, to talk about privacy, censorship and the long arm of the government, working hand in glove with Big Tech and now Fintech, too, to suppress dissent, silence opposing voices and punish non-compliance. We’ll have all that and plenty more in my conversation with Dan Denning, below... Time stamps - A rough guide... 00:50 - Intro 02:50 -Tokyo 2021: The political olympics 06:00 - Mask mandates, vaccine passports and other cognitive dissonances 06:40 - FANGMANS - Meet your new corporate overlords 08:10 - Is the earnings season blowout a prelude to a blow-up? 09:30 - When Big Tech becomes the government’s speech police 10:15 - Modern facism and the propagation of “Bigness” 11:40 - The S&P is now at 183 days since a 5% correction 14:00 - Recursion, M.C. Escher and the great puppeteer effect 15:00 - China’s Social Credit Score comes to America 18:30 - The White House watch list... Are you on it? 20:30 - When the powerful set the rules, there’s no recourse for the powerless 22:50 - Panem et circenses: Stock market as circus; stimmi handouts as bread 25:00 - You’ve heard of No Fly lists... get ready for the No Buy lists 27:25 - Participation in civil society as a subscription only concept 29:25 - When everything is either prohibited... or mandatory 30:55 - Meet the “Safe, government-backed settlement asset” (LOL) 31:30 - Is now the time to make a move... and to where? 32:30 - How to radicalize tens of millions of people 34:30 - Gunpowder, information, technology and other force multipliers 38:20 - Are central bank digital currencies a threat to cryptos...or a case for them? 43:00 - END