Crossfade: a radio/DJ term for keeping music and/or the beat going between one song that is ending and another one that is beginning.  Or as Wikipedia puts it regarding how crossfaders are used:

“A crossfader on a DJ mixer essentially functions like two faders connected side-by-side, but in opposite directions. It allows a DJ to fade one source out while fading another source in at the same time.^[17] This is extremely useful when beatmatching two sources of audio (or more, where channels can be mapped to one of the two sides of the crossfader individually) such as phonograph records, compact discs or digital sources.”

The powers that be are acting like a DJ—as the global financial system fades out, they’re fading in the global police state.  First, as David Stockman points out, the global financial system is headed for certain collapse:

What I think we are facing now is a terminal phase of a monetary system that isn’t viable, stable or sustainable.  Therefore gold has but one characteristic — massive upside in the years ahead.”

(We here at LRM disagree somewhat with that last bit—gold is nice and all but is still a fiat currency.  The real solution, as we see it, is self-issued currency.)

Second, there’s that ominous quote from newly re-elected British Prime Minister David Cameron, which tells us that the police state is only going to get worse (the police state is being faded in, getting louder):

“For too long, we have been a passively tolerant society, saying to our citizens: as long as you obey the law, we will leave you alone.”

However, as Max Keiser points out below, it is actually we the people who are the ones that have been passively tolerant of all this for too long.  The social contract is broken, and we need to do something about it post-haste:

As Keiser says (referring to Cameron’s quote) in the video above at approximately the 1:59 minute mark:

“This is a fundamental break of the social contract.  As John Locke warned: ‘When the social contract is broken, the people must revolt.”

Keiser is of course obviously paraphrasing this famous passage from Locke’s Two Treatises of Government:

“…whenever the legislators endeavor to take away and destroy the property of the people, or to reduce them to slavery under arbitrary power, they put themselves into a state of war with the people, who are thereupon absolved from any farther obedience, and are left to the common refuge which God hath provided for all men against force and violence.

Whensoever, therefore, the legislative shall transgress this fundamental rule of society, and either by ambition, fear, folly, or corruption, endeavor to grasp themselves, or put into the hands of any other, an absolute power over the lives, liberties, and estates of the people, by this breach of trust they forfeit the power the people had put into their hands for quite contrary ends, and it devolves to the people, who have a right to resume their original liberty, and by the establishment of a new legislative (such as they shall think fit), provide for their own safety and security, which is the end for which they are in society.”

It may sound radical now, but that was the founding principle of this country—that revolution is the people’s right when officials (i.e., “legislators” as Locke refers to them) want to wield “arbitrary power” that becomes “absolute power over the lives, liberties, and estates” of we the people.  There is nothing more American than that.  There is nothing more American than rejecting tyranny.