The Truth is Not a Choice

Don't Abort the Constitution

~ `

High Priest is Chosen by Antichrist Sanhedrin, Temple Service Could Be One Week Away

When asked how long it would take to begin sacrifices if it suddenly became permissible, he considered carefully before answering. “If the government decided to permit it, it would only take a few weeks to make preparations, even to do the Yom Kippur service,” he said.

While it seems unlikely that the political climate could shift within a few weeks to the extent necessary for Antichrist Jews to establish an altar and begin preparing sacrifices on the Mount in time for Yom Kippur, the world can rest assured that as the moment those changes should occur, the Antichrist Jewish people are prepared.

SIGNS IN THE HEAVENS: 11 Eclipses On Days Of Biblical Significance

Everyone talks about the four consecutive “blood moons,” but they were part of a larger story: 11 eclipses falling on Jewish holy days. Jesus said there would “be signs in the sun, moon, and stars” (Luke 21:25).

Annular Solar Eclipse of September 1, 2016

A large annular eclipse will cover 97% of the Sun on Thursday, September 1, 2016.

The whole event will last from 06:13 – 12:00 UTC and will be visible across central Africa southwards to Madagascar and into the Indian Ocean. The partial eclipse will be visible across most of Africa and parts of the Middle East.

The instant of greatest eclipse will take place at 09:06 UTC on September 1, 5.4 days before the Moon reaches apogee and 10 days after perigee. During the eclipse, the Sun is in the constellation Leo.

At the point of maximum eclipse, it will last 3 minutes and 6 seconds.

Juno skims Jupiter’s pole in first orbital flyby

Asteroid 2016 QA2 made an exceptionally close flyby of our planet at 01:24 UTC on August 28, 2016, just hours after it was discovered. Its estimated size is 34 meters (111.5 feet), between 16 and 52 meters (52 – 170 feet). This is about twice as big as the asteroid that exploded over Chelyabinsk, Russia in February 2013, injuring over 1 000 people.

At the time of closest approach to our planet, asteroid 2016 QA2 was about 0.22 LD (84 480 km / 52 493 miles) from the surface.

It was discovered by the SONEAR Observatory at Oliveira, Brazil on August 27, as the 24th asteroid in orbit near Earth discovered by SONEAR.

Asteroid 2016 QA2 makes exceptionally close Earth flyby hours after discovery

In March of 2011 a 9.0 magnitude earthquake rumbled off the coast of Japan generating a tsunami which swept the coast and destroyed the Fukushima Nuclear Plant. Three reactors melted down. A radioactive cloud exploded into the atmosphere sending flakes from the inside of the reactor towards the United States and Europe. The world’s worst nuclear disaster had begun.

Every day since the meltdowns, 3 to 400 tons of toxic water containing Cesium-137, have poured into the Pacific Ocean. The amount of radiation spewing out from Fukushima recently increased by 7500 percent! It has been computed that by the year 2020, radiation will have destroyed all sea life in the Pacific and millions will starve! (For more information on this subject see Fukushima Truth and Is Fukushima God’s Judgment?

Unbelievable as this Hebrew prophecy once might have seemed, it is now coming to pass. But this is merely one prophecy in a long list of terrifying events found in the Book of Revelation. At this very moment, our earth teeters on the edge of — thermonuclear war.

The Last Time the World

Came to the Brink of Annihilation

In 1962, our planet rushed to the brink of a global holocaust. Kennedy’s challenge to the Soviets was clear and everyone knew the danger was real. Americans worried and protested but most important of all–they prayed. Russia realized their missiles had been discovered and with Kennedy’s firm resolve against them, they knew they had to back down. So Russia agreed to remove its missles and the crisis was averted.

Now these same two superpowers are facing off again. This time, the US government’s brinksmanship is being hidden from its citizens under a swirl of propaganda issued by the White House. Most Americans are oblivious to what is really happening and very few are truly alarmed.

World War 3 Has Begun! The Coming Nuclear Holocaust
Because of the Reckless Obozo White House, the World Is on the Edge of Thermonuclear War

“Antichrist Iran also has the highest per capita execution rate in the world, and is second only to the People’s Republic of Antichrist Communist China. They have been at war with the US for 40 years.” They don’t negotiate, and this is why the entire Iranian deal cooked up by Obozo, Antichrist Iranian-born presidential advisor, Valerie Jarrett, and Skull&Bones John Kerry, whose son-in-law is Antichrist Iranian is a very destruction one for America. We know our tax dollars will go for Antichrist jihad.

MY CONVERSATION WITH GENERAL MICHAEL T. FLYNN

Resistance Is Futile! You WILL Be Assimilated! Mankind Is On The Cusp Of Human Brain Augmentation With BrainGate Technology

BrainGate technology is no longer the stuff of science fiction. The science of interfacing human brains and other biological neurons with computers has been developing for well over a decade and now, the progress is amazing

“We Are At A Point Where The Encroachment Of Government Power Has Historically Resulted In Rebellion”

In a shocking story from German news the Government is proposing a bill to confiscate company that do business in food. Food stores, grocery warehouses farm fields etc. All this is being suggested as a bill in the event of a War Crises, Terrorism, Blackout, or Pandemic. http://www.welt.de/politik/deu tschlan…

Breaking German Government Proposes Bill To Confiscate Food Businesses

German Chancellor Angela Merkel on Sunday slammed those countries in Europe who say they won’t take in Muslim refugees, a position that several eastern European governments have taken in response to the influx of migrants from the Islamic world.

Merkel rejects Antichrist Muslim migrant ban, urges fair distribution

A bomb has exploded at the Brussels Institute of Criminology in the north of Brussels but the building was empty and no one was wounded, according to local media.

A car rammed through the barriers at about 3am local time on Monday and one or more attackers exploded a bomb near the laboratories which caught fire, broadcaster RTL said.

State broadcaster RTBF said no one was injured but that damage at the site was significant. Police have been deployed in force and sealed off the area.

Brussels bomb: explosion reported at city’s Institute of Criminology

Belgium is on high alert because of the recent terrorist attacks on the city’s airport and metro. The bomb blasts at the airport in March were claimed by the Islamic State (Isis) and led to a loss of 32 lives.

Breaking: Bomb blast heard at Brussels criminology institute

Antichrist Iran deploys long-range missiles to Fordo nuclear site

This December, the signatory nations of the Biological Weapons Convention (BWC) will meet, as they do every five years, to discuss the state of bioweapons globally. In at least one way, the world has radically changed since they last met, in 2011. The discovery of several novel gene-editing techniques, most famous being CRISPR-Cas9, might be the scientific breakthrough of this century. It has unleashed a torrent of studies that aim to cure everything from cancer to world hunger.

But this new era of synthetic biology has a dark side. Scientific discoveries generally outpace our ability to legislate sensible limits, or even understand exactly what we’re playing with; that’s the point of experimental research, after all: to chart the unknown. The discovery last year that scientists in China have begun using gene-editing techniques on human embryos—a troubling, unprecedented step towards a sci-fi dystopia —has ignited a vigorous global debate about the limits we ought to have when manipulating biology.

The advent of CRISPR has corresponded with a widespread democratization of biology. Gene-editing kits are cheap, legal, and relatively easy to use. DIY biohacking spaces have proliferated throughout the world, teaching amateurs how to perform elementary gene-editing themselves. This approach, too, holds much promise; after all, some of this nation’s most celebrated scientific achievements were discovered by tinkering amateurs in the garage.

The monopoly on biology once held by governments and universities has been broken. Only a few years ago, the production of a bioweapon took the resources and expertise of a nation-state. Now a few dedicated terrorists could, theoretically, manipulate lethal pathogens in a DIY lab built with cheap equipment bought legally online, making the disease more potent and resistant to antidotes or vaccines.

History abounds with examples of the terrifying potential of bioweapons. Bubonic plague-infected bodies were dumped in enemy wells in the Middle Ages, or catapulted over enemy walls during siege. Blankets infected with smallpox were given to Native Americans by British Colonialists, with devastating results. Most extreme were the experiments by Imperial Japan’s infamous Unit 731. During WWII, Japan dropped ceramic “bombs” filled with bubonic plague-infected fleas over Chinese cities, which killed hundreds of thousands of civilians, including nearly 20% of the airmen who unleashed the pestilence.

The US conducted its own offensive biowarfare research from 1942 until 1969, at the Army Medical Research Institute of Infectious Diseases, at Fort Detrick, Maryland. It was there that the military learned how to weaponize lethal pathogens like anthrax and botulinum toxin, and how to produce them on an industrial scale.

Accessible Synthetic Biology Raises New Concerns for DIY Biological Warfare

They also learned how such weapons might be deployed. In September 1950, the Army conducted a simulated biological attack on San Francisco, unbeknownst to the public until the details were leaked to the press, years later. According to statements given during a congressional investigation, Navy vessels pulled up in the bay at night, spraying a benign—or so they thought—bacteria called Serratia marcescens from hoses on the decks. The aerosol drifted downwind over the city, into the lungs of its 800,000 residents. (11 of those citizens checked into one local hospital in the proceeding days with pneumonia caused by what doctors suspected to be Serratia marcescens. One of them died. The doctors, unaware that a military experiment was underway, considered it a mystery.)

It was one of 239 open-air tests of biological agents on the American public by the military between the ‘40s and ‘60s. 80 of those tests used live bacteria. By 1969, when Nixon ended offensive bioweapons research, the U.S. had amassed not only a formidable arsenal of pathogens, but they had also pioneered methods for how to deploy them.

Though grossly unethical and unsettling—straight out of X-Files, really—those experiments on our cities were valuable. They demonstrated that lethal doses of pathogens and toxins, released in aerosol form, could travel more than 10 miles from the release point. The U.S. military knew for sure that a bioterrorism could work because they tried it themselves. But one of the ugly, inescapable facts of military technology is that there’s no way of inventing an instrument of death without other people getting ahold of it. It always gets out.

The Biological Weapons Convention treaty, which went into effect in 1975, was a formal recognition by the international community that some things have such horrible potential they just ought not be invented at all. It was supposed to end the chapter of biological warfare, outlawing nations from developing, acquiring, stockpiling or retaining certain pathogens, except for limited samples for defensive vaccine and antidote research.

But, as with most international treaties, the BWC was rather toothless. There’s no way to verify that nations are abiding, or to what extent. It’s now known that the USSR continued its offensive bioweapons program for years after signing the pact. Even now, Russia, China and Syria are suspected of continuing such work under the auspices of defensive research.

The U.S. biodefense sector has also been accused of breaching the treaty. The turning point was the 2001 anthrax attacks, in which letters filled with the spore-forming bacteria were mailed to several Senators. Anthrax isn’t new—it has been used as a weapon since WWI—but, coming within weeks of 9/11, the attacks created a panic, and newfound urgency to confront the threat of bioweapons. It led to the creation of the National Biodefense Analysis and Countermeasure Center, a unit within the Department of Homeland Security. NBACC in particular has been accused of crossing the line into offensive research, thus violating the principles of the BWC.

In a way, they’re in an impossible situation. Having vowed not to stockpile or develop deadly pathogens, they must still conduct aggressive research to stay ahead of emerging threats that no one quite understands yet. And with China playing loose with bioethics by experimenting on humans, and terrorist groups who are pleased to watch the world burn, we’re competing with rivals who will accept what we won’t.

U.S. researchers are left with no choice but to carry on innovating with pathogens: improving our—and, since things always get out, the world’s—understanding of how they work, how they can be diagnosed and treated, and how they could be improved. Essentially, drafting the blueprint for the bioweapons we fear will someday be invented, hereby inventing them. To dream of it is to make it so.

In 2014, the White House placed a moratorium on what’s known as “gain-of-function” studies on viruses like SARS, influenza and MERS. There were concerns that a well-intentioned scientist in search of a cure might create an even deadlier version of a disease using gene-editing techniques, which would then, inevitably, proliferate when they published the results, introducing yet another menace to the world. The moratorium was intended to give the government a chance to draft some regulations to review these studies.

It came after a series of high-profile slip-ups by the Center for Disease Control, in Atlanta, which houses the national stockpile of vaccines, it addition to live samples of every biological hazard known to mankind. That year, technicians there accidentally shipped a live sample of H5N1, a particularly virulent and deadly form of avian flu, to researchers as the Department of Agriculture who had requested, and were expecting, a more benign version of the disease. This came weeks after CDC technicians nearly poisoned themselves by experimenting with anthrax samples they didn’t know was live.

The potential for gene-editing techniques to engineer biological weapons of unprecedented power—coupled with the familiar shape-shifting ingenuity of nature itself, in which baleful bacteria and viruses mutate with such speed and vigor we just can’t seem to figure them out—will pose a significant challenge to the values and ethics captured in the BWC treaty. There was a reason we, as a global community, decided to close the book on biowarfare: You can’t un-invent a lethal weapon. But is it even possible to be exclusively defensive when confronting death by biology?

Al Qaeda In Syria Changed Its Name And Now The US Is Arming Them

It was a simulation that soldiers and service members from all branches of service and across the nation hoped will never happen in real life — terrorists had managed to set off a 10-kiloton nuclear “dirty” bomb in the heart of Houston.

Military media learn tips from pros during terror scenario

Earlier this year we reported that Texas game wardens on the southern border have been issued radiation detectors due to concerns that a nuclear or radiological device could be smuggled into the United States through the porous Mexican border.

DHS Prepares For Nuke Attack With Massive Order For Radiation Detectors: ‘To Ensure Nuclear Devices Aren’t Secretly Being Transported In Public Areas’

It appears that the Department of Homeland Security is also taking the potential for a nuclear-based weapon of mass destruction seriously. According to a new report from NextGov the government has ordered some $20 million worth of wearable intelligent nuclear detection (WIND) units in an effort to boost domestic security:

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Huma Adebin Announces Separation From Anthony Weiner Over Latest Sexting Scandal

Antichrist Ayatollah Prepping Antichrist Islam For Great Deception? Says Antichrist Mahdi Coming In “Spaceship” With “Power And Speed Of Lightning”

7.4 magnitude earthquake strikes northwest of Ascension Island

Iceland Sounds Alarm After Largest Volcano Rocked By Big Earthquake Cluster

Yesterday, in our post-mortem on the Jackson Hole symposium, we found one particular highlight most notable: according to Princeton University economist Christopher Sims, “policymakers were told that it may take a massive program, large enough even to shock taxpayers into a different, inflationary view of the future.” And, as has been customary over the past year, the place where this “shock therapy” will be tested first, will be the same place where 30 years of unconventional monetary policy has so far failed: Japan.

That is the scenario envisioned by Mark Haefele, global chief investment officer at UBS Wealth Management who oversees the investment policy and strategy for about $2 trillion in invested assets.

In a Bloomberg Television interview, on Monday, Haegele said that the BOJ could announce a “massive stimulus program” as the nation desperately seeks to reach a 2% inflation target.

“It is how much they do, and whether they can create that kind of shock and awe at this point in the cycle,” said Haefele, adding “they could announce a massive stimulus program both on the monetary and fiscal side or they could end up reducing their inflation targets. Right now, it looks like they are going to use more stimulus.”

Indeed it does, the question is whether doing even more will lead to a different result: after all the BOJ already owns a third of all JGBs, and is rapidly nationalizing the entire stock market.

“Massive Shock” Looms In Japan As Kuroda Is In “Jeopardy”, According To $2 Trillion Investor

During his Jackson Hole appearance, BOJ Governor Haruhiko Kuroda said that the central bank won’t hesitate to boost monetary stimulus if needed, and there is ample space for additional easing. He also said that the central bank will carefully consider how to best use policy to achieve its price stability target.

As Bloomberg adds, consumer prices excluding fresh food — the BOJ’s benchmark inflation gauge — fell 0.5 percent in July from a year earlier, government data earlier this month showed. That was the steepest drop since March 2013, the month before Kuroda launched unprecedented stimulus.

It is Japan’s inability to achieve its inflation goals has “put that country and that central bank into some kind of jeopardy that they are going to have to work their way out of,” Haefele said.

The BOJ is currently undertaking a review of its monetary policy ahead of its next meeting Sept. 20-21. Whether the central bank adopts more stimulus with the yen at its current level or waits to see if it strengthens more is “an open question,” he said.

“It is hard to say that any one move is going to be enough given the history of stimulus in Japan has been erratic,” Haefele said. “But everybody is hoping that they will give it another try because clearly Japan, despite reaffirming their inflation targets, has not been able to hit them.”

By “everybody” he mostly meant corporations and shareholders; for everyone else another sharp plunge in the Yen will mean a surge in imported inflation, a drop in purchasing power, even more negative savings rates, deteriorating economic fundamentals, and a general decline in the standards of living. However, since Japan is now all in, its only option remains to double down, and when that fails, to double down again until its entire financial system finally cracks.

Typhoon Lionrock Might Land On Fukushima Daiichi

The heaviest rainfall will be in Tohoku where the storm comes on shore, here 300-500mm is possible. The obvious threat of flooding and landslides will be very real as well across the same region that was battered by the March 11th earthquake and tsunami. Winds gusting to typhoon strength along with coastal damaging surf is also a threat, mostly in the right front quadrant of the storms track. Which could be in the Miyagi region near Sendai or just north.

TYPHOON LIONROCK NEARS LANDFALL UPDATES

Wednesday Evening

42 flights have been cancelled at across Northern Japan ahead of #lionrock. Expect more delays as the storm approaches.http://www3.nhk.or.jp/n…/html/20160829/k10010658051000.html…
Workers at Fukushima Daiichi have made extra preparations to secure the facility ahead of Typhoon Lionrock. More info. on this article from NHKWORLD http://www3.nhk.or.jp/nhkworld/en/news/20160829_22/

300 reindeer are killed by a single lightning strike after a Norwegian national park is hit by stormy weather

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It might seem odd to talk about the Star of Bethlehem during the month of August, rather than December, when the celebration of Christmas prompts many people to recount the biblical story of three wise men guided to the birthplace of Jesus Christ by a bright object in the sky.

There have been numerous possible scientific explanations of what the Star of Bethlehem may have been. And whether you believe in the story of the star or not, one of those proposed possibilities will play out in the night sky soon after sundown on Saturday evening (Aug. 27): an exceedingly close encounter between the two brightest planets, Venus and Jupiter.

SOLAR SECTOR BOUNDARY CROSSING: On Aug. 28th, Earth will cross a fold in the heliospheric current sheet. This “solar sector boundary crossing” could disturb our planet’s magnetic field and spark auroras at high latitudes.

[Venus-Jupiter Conjunction 2016: When, Where and How to See It]

Along the East Coast of the U.S., just before sunset, the two planets will be at their very closest and will come within 4 arc minutes (0.06 degrees) of each other. (For comparison, look for the middle star of the Big Dipper’s handle, Mizar. There is a tiny companion star next to it known as Alcor, and separation between the two stars is 12 arc minutes, or 0.2 degrees)

Saturday’s Venus-Jupiter Encounter May Explain Bible’s Star of Bethlehem

Taken literally, the biblical account of the story of the Star of Bethlehem calls for not one, but two “stars.” One to be seen at the start of the Magi’s journey, while the other appearing to them upon their arrival in Bethlehem.

Interestingly, in August of 3 B.C., Venus and Jupiter were prominent in the predawn eastern sky, and on Aug. 12 they came within just 9 arc minutes (0.15 degrees) of each other as seen from the Middle East. Incidentally, this sign would have been seen by men “in the east,” explaining the phrase in the Book of Matthew.

Ten months later, Venus and Jupiter got together again for an even more spectacular encore on June 17, 2 B.C., when at sundown from Babylonia they were separated by just 4 arc minutes of each other, about 35 degrees above the western horizon. As the sky grew dark, the two brightest planets drew closer to each other until finally at 9:15 p.m. local time they drew to within 36 arc seconds (0.01 degree) equal to the mean apparent width of Jupiter as seen through a telescope, at an altitude of 15 degrees above the horizon. To most people, the two planets must have appeared to coalesce into a single “star” somewhat brighter than Venus alone. Eyeglasses were many centuries in the future, so only people with unusually acute vision would have seen the planets separated.

I did a computer check to see just how often Venus and Jupiter come within 6 arc minutes of each other, in a dark or twilight sky as seen from North America. We have to go as far back as Nov. 14. 1660, when the two planets were within 6 arc minutes as they rose above the eastern horizon a few hours before sunrise. Our next opportunity will come on the morning of Nov. 22, 2065, when Venus and Jupiter will be merged together as one brilliant singular point of light as they rise above the east-southeast horizon just before sunrise.

Venus And Jupiter Conjunction Can Be Seen With Naked Eye | Video

The final piece of the sign is Jupiter. Jupiter was known by the Jews as the planet of the Messiah. Jupiter enters the sign of Virgo on August 27, 2016, which coincides with a close conjunction of Venus. The next such close conjunction with these two brightest planets is 49 years later. Jupiter itself enters Virgo about every 12 years. The August 27, 2016 conjunction comes exactly 400 days before Yom Kippur 2017. Yom Kippur always ends Teshuvah, which is a 40 day season of repentance. Does Jupiter and Venus mark a ten-fold application needed at that time?

NOTE: This article link was posted for the info, not for it’s false rapture timing

Jupiter then spends those 400 days in Virgo. As the sign of Revelation 12 forms on September 23, 2017, Jupiter is in the womb of Virgo and is about to be born. Remember, the meaning of Tribulation refers to the period of labor pains before birth. The world is going to go through a period of delivery to result in the Messianic Kingdom. This sign speaks to those coming seven years–the worst in human history. However, we have been warned and God will deliver those who have put their trust in Christ by taking them to heaven before the seven years begins. For those who will miss that opportunity, God’s grace will still abound for those who change and believe that Jesus Christ is the savior of the world, but they will have to endure the Tribulation.

Jupiter, though spends more than 400 days in Virgo. It is provocative that six days before what looks to be the start of the 2520 days of the Tribulation, Venus and Jupiter make another conjunction (but not visible because of the sun) on November 13, 2017. This is 444 days from the conjunction of August 27, 2016. Is it any accident then that Jupiter leaves Virgo when the Tribulation will begin? The next sign in the Mazzeroth (Zodiac) is the scales of Libra–judgment. It all lines up at the right time.

However, let us go back 1260 days from the sign of Revelation 12 to the day of the first lunar eclipse of the Tetrad of 2014-2015. The eclipse of April 15, 2014 occurred at a specific place in the heavens. As a time marker that points to the sign of Revelation 12, it should also have some significance. This eclipse on Passover 2014 occurred right next to star of Spica in Virgo. Jesus’ own body was sacrificed for us on Passover. He was the Seed of the Woman. He was the ear of grain that must die that life may abound. Spica in Hebrew is Zerah meaning “seed”–the Seed of the Woman. It is the same word as found in the promises of Genesis. It is fitting then that this sign of the lunar eclipse points to the sign of Revelation 12, which speaks of the Messiah’s birth, but also to the necessary second part of Jesus’ coming back to earth.

With an interval of 1260 days between the signs, it would seem logical that the day count represented a leg of the Tribulation. But it cannot anymore unless one is to believe we are in the Tribulation, but we are NOT. However, this sign straight from Revelation 12 that appears in the sky from September 23 to September 25 cannot be ignored. Placing this sign in context with all of the other signs and calculations presented here, it would seem that this sign is a warning of the Tribulation that will soon begin.

The conclusion on this website(not ”The Truth is Not a Choice) is that it looks like the Rapture (Not possible until after 3 1/2 year tribulation era) will occur on the Feast of Trumpets 2017, (Or Tribulation Era of 3 1/2 should be underway by this time already) which would be on September 21. This day is sandwiched between the sign involving the Great Pyramid and Revelation 12. If the Tribulation ends on the Day of Atonement 2024, then 2,520 back from that day is November 19, 2017. The sign of Revelation 12 then comes 57 days before the Tribulation. This gap matches the gap between the end of Daniel’s 69 weeks on Palm Sunday and the beginning of the Church on Pentecost.

The sign of Revelation 12 makes sense as a sign warning to us all that the Tribulation is coming, just as depicted in the sign itself with the virgin (Israel) about to go through tribulation. For the Church, our time is then short. The requirements of the sign make it extremely rare making 2017 the only year in which it coincides with the final generation. By default, it must be a sign that precedes the Tribulation and signs should be a warning of what is soon coming. But all too often, the heavenly sign of Revelation 12 is glossed over and not looked at as a actual visible sign that can be observed. It happens in just over three years. It’s time to get ready…

The Great Sign of Revelation 12 occurs in 2017?: Start Of Tribulation 3 1/2 Year Era Prior To Rapture

A conjunction between Saturn and Mars in Southern Ophiuchus on August 25th 2016 – when the rings are close to their maximum opening angle – will see Saturn shine at magnitude +0.5 (one half-magnitude fainter than at opposition) and Mars at magnitude -0.4. With both planets positioned some 97° to the East of the Sun, this conjunction will be easily seen against a dark Western sky after sunset.

Because the ringed planet is traversing the Southern zodiac during the period in question, it follows that the majority of conjunctions will be best seen from the Southern hemisphere. Even where the majority of the Northern hemisphere has a relatively good view it will almost always be difficult or impossible to observe from higher Northern latitudes.

The rarest of the conjunctions during the period is that between Saturn and Jupiter in December 2020. Conjunctions between these two planets were known historically as Great Conjunctions and they take place about every twenty years. However, they are not always best placed for viewing, sometimes occurring at narrow solar elongations. Perhaps the best-known of the ‘Great Conjunctions’ happened in the year 7 BC, in the constellation of Pisces, the Fishes, an event which has been considered a possible explanation for the Star of Bethlehem mentioned in the New Testament of the Bible. Specifically, this was a triple conjunction – a series of three conjunctions which took place during that year – which, it is argued, was such an unusual chain of events that the Magi (the ‘wise men’ or astrologers) gave it a special significance.

Note: Notice their assumption ”7BC” is incorrect, but at least they got one out of two planets, lol, and of course they didn’t mention Regulus. (Why would they do that as ”astronomers”?)

The ‘Great Conjunction’ of December 2020 takes place on the day of Earth’s 2020>>>winter solstice<<<, the planets being only 30° away from the Sun in the evening sky. Whilst not ideally placed for viewing and being well past their opposition dates, Saturn and Jupiter are separated by only 6 arcminutes (0°.1), making them both visible in the field-of-view of most telescopic eyepieces

The Position of Saturn in the Night Sky: Zenith 2016 to 2112 2020 Winter Solstice 3 Days After Chanukah 

Will Petrus Romanus Pope Francis Declare “One World Religion” From Jerusalem?

“So when you see the [b]abomination of desolation [the appalling sacrilege that astonishes and makes desolate], spoken of by the prophet Daniel, standing in the Holy Place (let the [c]reader understand), 16 then let those who are in Judea flee to the mountains [for refuge]. 17 “Whoever is on the housetop must not go down to get the things that are in his house [because there will not be enough time]. 18 “Whoever is in the field must not turn back to get his coat. 19 And woe to those who are pregnant and to those who are nursing babies in those days

20 Pray that your flight [from persecution and suffering] will not be in winter, or on a Sabbath [when Jewish laws prohibit travel]. 21 For [d]at that time there will be a great tribulation (pressure, distress, oppression), such as has not occurred since the beginning of the world until now, nor ever will [again]. 22 And if those days [of tribulation] had not been cut short, no human life would be saved; but for the sake of the elect (God’s chosen ones) those days will be shortened.

Matthew 24

Then there was given to me a [a]measuring rod like a staff; and someone said, “[b]Rise and measure the temple of God and the altar [of incense], and [count] those who worship in it. 2 But leave out the court [of the Gentiles] which is outside the temple and do not measure it, because it has been given to the Gentiles (the nations); and they will trample the holy city for forty-two months (three and one-half years). 3 And I will grant authority to My two witnesses, and they will prophesy for twelve hundred and sixty days (forty-two months; three and one-half years), dressed in [c]sackcloth.”

Revelation 11

Why do you say that we’re now at greater risk of nuclear disaster than ever?

Part of the risk, of course, is there are now many more groups intent on inflicting mass destruction that we saw in the Sept. 11 attacks.

Former Secretary of Defense explains why we now have greatest threat of nuclear war ever

Antichrist NWO 666 President Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown has recently proposed a massive overhauling of the U.S. nuclear arsenal. What does he have in mind? Does it make sense to you?

As long as Russia is adopting belligerent and aggressive policies in Europe against our allies, in which they see nuclear weapons as a part of that policy, then we have to maintain a strong deterrence…

The World Is About To Witness A Terrifying Mega-Bubble Collapse

The risks in the financial system and world economy are now at an extreme and it is not unlikely that one of several of these risks will turn into serious problems for the world in the next few months.”

A Massive Black Hole For The Fed & Financial System

So now at the end of August, markets have all been focusing on Yellen’s speech at Jackson Hole, Wyoming. Jackson Hole is of course a very befitting name since what the Fed is staring into is a massive black hole into which major parts of the financial system will disappear…

I heard a loud voice from the sanctuary say to the seven angels, “Go, and pour out on the earth the seven bowls of God’s fury!”

Revelation 16

2 So the first one went and poured his bowl onto the earth, and disgusting and painful sores appeared on all the people who had the mark of the beast and worshipped its image.

Revelation 14

Another angel, a third one, followed them and said in a loud voice, “If anyone worships the beast and its image and receives the mark on his forehead or on his hand, 10 he will indeed drink the wine of God’s fury poured undiluted into the cup of his rage.

Hidden Agenda Perpetrated By Congress & The Fed Exposed In One Simple Chart

like to say policy objectives are invisible ink and policy results are the coloured glasses that expose them. You see, policy makers always tell us how they design and implement policies targeted at middle class America. However, time after time after time, the only segment of society that fails to realize any benefit from any policy is middle class America. Yet for some mind boggling reason we continue to allow these policy makers to carry on with this skullduggery. The following chart really tells you everything you need to know about economic policy objectives for the past three decades.

The above chart depicts Wall Street real profits (black line), non-financial corporate real profits (red line) and real median weekly wages and salaries (blue line) all indexed back to 1982 (this is an important period where antitrust policies broke down under the Reagan admin).

What we find is that while median wages and salaries have increased by a paltry 9% over the past 35 years, corporate income is up 250% and Wall Street income is up almost 800%. And so over the decades this story line about policies targeting the middle class is absolutely, in every way, a total and complete fabrication. This chart doesn’t happen by accident nor could it be the result of honest mistakes.

Sisi, during a meeting on Sunday with newspaper editors in Cairo, said Putz Putin told him “he is ready to receive [Antichrist Abbas] and Antichrist 911 Netanyahu in Moscow to carry out direct talks to find a solution.”

911 Netanyahu calls Hooks In Jaw Putz Putin to discuss diplomatic process

He added that he felt that Israel was becoming more convinced of the need for a deal, something he termed “a positive sign.”

TRUNEWS 08-26-16

Is Hillary 911 Rodham Clinton employing Lyndon Baines Johnson’s 1964 playbook against Trump? Today on TRUNEWS, Rick Wiles uncovers the Democrats grand scheme to recycle LBJ’s propaganda and deploy a “Daisy” style advertisement before November 8th. Rick also speaks with Heaven’s Harvest CEO Clayton Llewellyn about Germany’s mandate for its citizenry to store food and the importance of civil preparation in times of assassination and unrest.

And WHO the HELL is HUMA ABEDIN – 911 Clinton LESBIAN SCANDAL or Antichrist AL QAEDA Insider?

Then the fifth angel sounded [his trumpet], and I saw a star (angelic being) that had fallen from heaven to the earth; and the key of the bottomless pit (abyss) was given to him (the star-angel). 2 He opened the bottomless pit, and smoke like the smoke of a great furnace flowed out of the pit; and the sun and the atmosphere were darkened by the smoke from the pit. 3 Then out of the smoke came locusts upon the earth, and power [to hurt] was given to them, like the power which the earth’s scorpions have. 4 They were told not to hurt the grass of the earth, nor any green thing, nor any tree, but [to hurt] only the people who do not have the seal (mark of ownership, protection) of God on their foreheads.

Revelation 9 

and they did not repent of their murders nor of their sorceries (drugs, intoxications) nor of their [sexual] immorality nor of their thefts.

Hillary 911 Clinton website’s source code reveals rigging of 2016 election as a ‘hackathon’

Even stranger is that since it was discovered, Hillary 911 Clinton’s campaign has made no effort to delete the “hackathon” sentence from its webpage’s source code. She and the Democrats are now in-your-face with their devilry.

The Synagog Of Satan ROTHSCHILDS & Mainstream Mockingbirds Say VOTE HILLARY 911

Corrupt to the core globalist puppet Hillary 911 Clinton is the Rothschild’s choice to be their puppet in the White House. So why do the mainstream mockingbird media and leading liberal mouthpieces like Marc Maron and HBO’s John Oliver IGNORE this incredibly troubling fact while overlooking 911 Hillary’s endless litany of hardcore crimes?

FBEye Of wHOres R U.S. Admits Clinton 911 Used Software Designed To “Prevent Recovery” And “Hide Traces Of” Deleted Emails.

South Carolina Representative Trey Gowdy appeared on Fox News today and disclosed new details about the Clinton 911 email scandal that seem to indicate intent to destroy evidence. Per the clip below, Gowdy reveals that Clinton 911 used “BleachBit” to erase the “personal” emails from her private server.

For those not familiar with the software, BleachBit is intended to help users delete files in a way to “prevent recovery” and “hide traces of files deleted.” Per the BleachBit website:

Beyond simply deleting files, BleachBit includes advanced features such as shredding files to prevent recovery, wiping free disk space to hide traces of files deleted by other applications, and vacuuming Firefox to make it faster.

During his appearance on Fox, Gowdy clearly indicates that 911 Clinton’s use of BleachBit undermines her claims that she only deleted innocuous “personal” emails from her private server.

“If she considered them to be personal, then she and her lawyers had those emails deleted. They didn’t just push the delete button, they had them deleted where even God can’t read them.

“They were using something called BleachBit. You don’t use BleachBit for yoga emails.”

“When you’re using BleachBit, it is something you really do not want the world to see.”
Gowdy also questioned whether 911 Hillary considered “Clinton 911 Foundation” emails to be “personal” and, if not, asked why the FBI’s investigation revealed minimal emails about Foundation-related topics.

Hillary 911 Clinton Directly Attacks Alex Jones

Hillary 911 Clinton Triggered By Alex Jones and Infowars

So Dear Reader, we leave it to you to decide whether – like FBI Director Comey – you see no “intent” to hide or obfuscate any of the deleted emails; or – like Rep. Gowdy – you see the facts as proving Hillary 911 Clinton’s intent to ensure no trace was left of these harmless emails about yoga routines or wedding plans.

Something Big Is Coming – Governments Warn People To ‘Prepare’

Among the 14,900 federal documents Hillary 911 Clinton is said to have failed to turn over to the State Department in 2014 are some related to the Benghazi attacks, according to Judicial Watch.

The conservative watchdog group says that government lawyers admitted in court papers filed on Tuesday that the nearly 15,000 pages of Clinton 911 records recovered by the FBI included some which “satisfied the [Benghazi-related] search terms.”

Judicial Watch: Hillary 911 Clinton Withheld Or Deleted Benghazi Related Documents

That suggests that Clinton 911 withheld or deleted records which referred to the Sept. 11, 2012 attacks which left four Americans dead.

Clinton 911 has claimed that a team of her aides searched through her email account using search terms for a variety of issues, including Benghazi.

Judge orders search of new Clinton 911 emails for release by September 13

Why Did the Antichrist Saudi Regime and Other Gulf Tyrannies Donate Millions to the 911 Clinton Foundation?

News publishers could charge search engines for story extracts
Copyright reforms by European Commission would require likes of Google to agree terms

European news publishers will be given the right to levy fees on internet platforms such as Google if search engines show snippets of their stories, under radical copyright reforms being finalised by the European Commission.

Washington Post, NYT Owned By Globalist Kingpins

In an exclusive two part interview with TRUNEWS, Rick Wiles speaks with revered economic analyst Jim Willie, the author of the Hat Trick Letter. The two discuss the looming collapse of Italian and German banks and Antichrist Communist China’s historic entry into the IMF in September

TRUNEWS 08-23-16

In part two of an exclusive interview with TRUNEWS host Rick Wiles, economic analyst Jim Willie returns as together they offer an in-depth analysis of current world financial trends, and the dangers waiting as rumors of wars escalate globally.

TRUNEWS 08-24-16

NOTE: ^^^DEX Perfectly exposes the Antichrist NWO 666 Mark Of The Beast

‘Assassination attempt on Angela Merkel foiled’ as armed man arrested ‘trying to infiltrate German chancellor’s motorcade’ in Prague

Deutsche Bank’s war of words with the ECB is not new: it was first unveiled in February when, as we wrote at the time “A Wounded Deutsche Bank Lashed Out At Central Bankers: Stop Easing, You Are Crushing Us.” Europe’s largest bank, with the massive derivatives book, then upped the ante several months later in June, when its chief economist Folkerts-Landau launched a shocking anti-ECB rant in which it warned of social unrest and another Great Depression.

Ironically, these infamous diatribes hurt more than helped: telegraphing to the market just how hurt DB was as a result of the ECB’s monetary policy, the market punished its stock, which has been recently trading within spitting distance of all time lows, in effect making Deutsche Bank’s life even harder as it now has to contend not only with its own internal profitability problems, but also has to maintain a market-facing facade that all is well. So far, it has not worked out very well, prompting numerous comparisons to another infamous bank.

So, in what may have been DB’s loudest cry for help against the ECB’s unwavering commitment to rock-bottom interest rates, the bank’s CEO, John Cryan, warned in a guest commentary ahead of the Handelsblatt Banking Summit titled, appropriately enough “Banks in Upheaval”, to be held in Frankfurt on August 31 and September 1, that “monetary policy is now running counter to the aims of strengthening the economy and making the European banking system safer.”

However, his most striking warning was not aimed at Mario Draghi, but at Germany itself – and ostensibly his own clients – implicitly suggesting that if Deutsche Bank goes down it is taking everyone down with it, when, as cited by Bloomberg, he warned of “fatal consequences” for savers and pension plans while “companies refrain from investments due to ongoing uncertainty and demand less loans.”

Deutsche Bank CEO Warns Of “Fatal Consequences” For Savers

The details are known to those who have followed the paradox of central bank failure – if only for the economy and ordinary people – summarized earlier today by Citi’s Matt King.

Quoted by Handelsblatt, Cryan warned that “the ECB’s policy is squeezing the margins of Europe’s struggling banks, making it harder for insurers to find profitable investments and dangerously distorting financial market prices.” Meanwhile, he added, the hoped-for benefits haven’t materialized. “Given the continued uncertainty, companies are holding back on investments and are hardly seeking any credit anymore,” he wrote.

He added that it was unacceptable that financial regulators demanded that banks increase their safety cushions but then imposed punitive interest rates on these additional reserves.

Many agree with Cryan:”The hoped for pan-European investment boost hasn’t happened, and neither have the expected structural reforms in the affected euro member states,” said Georg Fahrenschon, president of the German Savings Bank Association. Instead, uncertainty is growing throughout the euro zone in light of the “horrendous sums of money the ECB is now directly pumping into the markets,” he added.

While Cryan admits that the ECB’s intervention did avoid an all out collapse in Europe it has done so at extreme costs, like negative rates on most German debt. Which is why, Cryan writes it is high time for a change in direction at the ECB. He would say that: his bank is in the midst of a painful restructuring and battling to keep the confidence of investors, so the side effects of the ECB’s policy are causing it particular pain. That’s one reason why Mr. Cryan is particularly critical of the negative interest rate on bank deposits at the ECB. He said net interest income, traditionally the most important pillar of bank earnings in the euro zone, had fallen by 7 percent since 2009.

Martin Lück, strategist at Blackrock, the world’s largest asset manager, agrees with Cryan and fears that the ECB’s actions are having the opposite effect of the spending spree intended. With interest rates falling, people have to save more rather than less to secure their pensions. And the punitive banks are weakening banks and forcing them to curb their lending, he said. Insurers and pension funds were also being hit because they had to enter ever higher risks to secure returns on their investments. This has become evident with the slide in yields into negative territory on many sovereign bonds including 10-year German government paper. These securities are the backbone of the insurers’ investments.

Private investors face the same problem. If they don’t want to take higher risks, for example by investing in stocks, “then they must save substantially more than before to secure their pension,” said Frank Engels, head of fixed income fund management at Union Investment.

Meanwhile, the beneficiaries of the ECB’s asset reflation policy are few: only around nine million Germans own stocks, just over 10 percent of the population. The risk is now that savings will lie dormant in bank accounts without earning interest. Germany’s central bank, the Bundesbank, has calculated that Germany had a savings ratio of 9.7 percent for 2015, the highest level since 2010, and it’s likely to rise further in 2016. In the first quarter it was up 0.2 percentage points above the year-earlier level.

Worse may come if Cryan’s fatalistic warning comes true: after all, few CEOs ever talk of “fatal consequences”, especially since the context of these words has become so very clear.

So what, according to the CEO, is the only lifeline available to European banks, and to savers, in Europe? In his guest comment, Cryan said that an EU banking union was an important step that should be followed by a capital markets union, which become more important in order to provide the much needed funding for companies as banks shrink their balance sheets. In short, a continent-wide backstop system.

The warnings for savers could not be any clearer.

The Battle of Gog and Magog? Russia Antichrist Iran and Jive Turkey come together Antichrist Communist North Korea prepares for the “end” and German NEO Socialists are told to stock up for disaster!

Warren Buffett claims that gold is worthless because it doesn’t produce anything. Fair point, but what if the other sectors of the economy also stop producing?

“If you think of gold, the only way gold loses is if normal business and private sector cycles come back. If that is the case, gold goes back 100 dollars per ounce. The other outcomes, deflation, stagflation, hyperinflation are good for gold,” said Viktor Shvets, global strategist for investment bank Macquarie Group. So gold wins in three out of four scenarios, but none of the three are particularly appealing.
He believes aggressive action by the world’s central banks after the financial crisis has covered up a lack of private sector productivity.

Also, the movements of central banks and governments have replaced private sector investment signals such as earnings and employment data. So everything comes down to confidence in central banks.

“If people become more confident, gold will ease back. But when the chickens come home to roost, gold will come back,” he said. Gold futures have rallied 26 percent this year after the Federal Reserve shook confidence in its ability to manage the economy by raising interest rates last December. Junior gold mining stocks, the companies most sensitive to gold price increases rallied 155 percent this year.

Price changes in selected future contracts as of August 23, 2016. (Barchart.com)
The lack of success of conventional monetary policies in spurring economic activity has prompted some Fed officials to call for more unconventional methods in case the economy turns south again.

“Conventional monetary policy has less room to stimulate the economy during an economic downturn,” San Francisco Fed President John Williams wrote in an essay. “This will necessitate a greater reliance on unconventional tools like central bank balance sheets, forward guidance, and potentially even negative policy rates. In this new normal, recessions will tend to be longer and deeper, recoveries slower and the risks of unacceptably low inflation…will be higher.”

Especially the topic of negative interest scares some of the most high-profile money managers. Lord Jacob Rothschild, the chairman of Rothschild Investment Trust, wrote in a letter to clients:

“The six months under review have seen central bankers continuing what is surely the greatest experiment in monetary policy in the history of the world. We are therefore in uncharted waters, and it is impossible to predict the unintended consequences of very low-interest rates, with some 30 percent of global government debt at negative yields, combined with quantitative easing on a massive scale.”
According to Shvets, this may just be the beginning as investors and citizens reject these policies and are looking for alternatives like gold, physical cash, bitcoin, and real estate.

Gold Wins In Three Out Of Four Scenarios, Macquarie Warns “None Of Them Are Good For The Economy”

Bitcoin and gold can both be prohibited by the government. How do you force people to do things they are reluctant to do? The way to do it is to close down alternatives like real estate, cash, and gold. You could force people underground, hoarding cash with warehouse receipts, or warehousing gold illegally,” he said.

In some ways, this is already happening. When a Swiss pension fund asked one of the bigger Swiss banks to pay out a larger amount of cash to save the negative rate penalty, the bank denied the request, according to a report by Schweizer Radio und Fernsehen in March.

Where will all this lead? Shvets believes there has to be reset of the financial system to get rid of a couple hundred trillion dollars of debt.

“Right now we are still on the U.S. dollar standard. Since the Bretton Woods system ended in 1971, we are on the U.S. dollar standard. How will the monetary system rebase itself? Is it going to be gold, is it going to be a global currency? British economist John Maynard Keynes was already suggesting in 1944 to create a global currency,” said Shvets.

The new global currency could only be the derivative of five international currencies issued by the International Monetary Fund (IMF). It is called Special Drawing Rights (SDR). It represents the right to draw on members of the IMF and get paid in the components of the basket, which is made up of dollar, euro, yen, pound, and as of Oct. 1, 2016, Chinese yuan.

Globalist academics, central bankers, as well as the IMF itself and other international organizations have started a massive publicity campaign in 2016 to push for the SDR as a global currency. It culminated in the first issuance of a private SDR bond worth $2.8 billion by the World Bank in the Chinese bond market in August.

Are we going to have a global currency? “Countries would have to give up their domestic independence. Country’s are reluctant to do that. So usually that’s done after the war,” said Shvets. What about a return to the gold standard? Maybe, but also only after the war.

Jackson Hole’d – A New Monetary Order Looms

While the Kansas City Fed’s annual conference in Jackson Hole is safe for this year, come 2017 they are going to have some competition for hotel rooms and other local resources; there is a full eclipse of the Sun scheduled on August 21st. http://www.solarsystemscope.com

NOTE:

23. Maximum totality is not the longest possible in 2017. The longest possible duration of the total phase of a solar eclipse is 7 minutes and 32 seconds. Unfortunately, the next solar eclipse whose totality approaches 7 minutes won’t occur until June 13, 2132. Its 6 minutes and 55 seconds of totality will be the longest since the 7 minutes and 4 seconds of totality June 30, 1973.

25 facts you should know about the August 21, 2017, total solar eclipse

24. The future is bright but long. The next total solar eclipse over the continental U.S. occurs >>April 8<, 2024. NOTE: April 8, 1904 Cairo Egypt Crowley 666, April 8, 2011 after POTUS visited Cairo Egypt in 2009 and later watched Egypt fall to the Antichrist Muslim Brotherhood, Obozo ”raised” the debt ceiling of government and gave his speech in the Masonic Kabbalist ”Blue Room” of the White House (he later ”illuminated with the Antichrist homosexual rainbow image) and said the Washington Monument behind him, through the White House window, is the symbol of America. The 666 Obelisk later was shut down by   a 5.9 earthquake centered under the Lake Ann nuclear plant in Virginia.

“Doomsday Eclipse” Carbondale Illinois August 21, 2017 (Little Egypt) April 8, 2024.

Part 1 – 666 Magic Square of The Sun (Revelation 13 L)

While finding the body of Osiris and resurrecting it—either figuratively or literally—is central to the prophetic beliefs of Freemasonry, until Apollo/Osiris return, formal procedures will continue in secret for installing within America’s national leader the divine right of Kingship through the raising of Osiris ceremony.

But it is very important to note how, when this ritual is carried out in the Temple Room of the Heredom, it unfolds below a vast thirty-six-paneled skylight that forms a stylized Magic 666 Square. Around the four sides of the skylight can be seen the Winged Sun-Disc. This positioning above the altar is in keeping with historical occultism. Egyptian magicians employed the same symbolism above the altar for invoking the sun deity. In the St. Martin’s Press book Practical Egyptian Magic it is noted: “Emblematic of the element of air, this consists of a circle or solar-type disk enclosed by a pair of wings. In ritual magic it is suspended over the altar in an easterly direction and used when invoking the protection and co-operation of the sylphs.” [1] The Renaissance occultist Paracelsus describes these sylphs as invisible beings of the air, entities that the New Testament book of Ephesians (2:2) describes as working beneath “the prince [Lucifer/Satan] of the power of the air, the spirit that now worketh in the children of disobedience.” In applied magic, the “magic square of the sun” itself was associated in antiquity with binding or loosing the sun god Apollo/Osiris and was the most famous of all magical utilities because the sum of any row, column, or diagonal is equal to the number 111, while the total of all the numbers in the square from 1 to 36 equals 666. In the magical Hebrew Kabbalah, each planet is associated with a number, intelligence, and spirit. The intelligence of the Sun is Nakiel, which equals 111, while the spirit of the Sun is Sorath and equals 666. It makes sense therefore that Freemasons built the Washington Monument Obelisk to form a magic square at its base and to stand 555 feet above earth, so that when a line is drawn 111 feet directly below it toward the underworld of Osiris, it equals the total of 666 (555+111=666)—the exact values of the binding square of the Sun God Apollo/Osiris installed in the ceiling above where the Osiris raising ceremony is conducted in the House of the Temple.

Magic Squares, 666, and Human Sacrifice?

The Kansas City Fed has been holding its annual symposium since 1978, but only moved the show to Jackson Hole in 1982 in conjunction with a change in focus

The symposia titles do give a small window into the macroeconomic narratives of the day.

In 1984, “Price Stability and Public Policy”.

In 2001: “Economic Policy for the Information Economy”.

In 2007, “Housing, Housing Finance and Monetary Policy”.

In 2009, “Financial Stability and Macroeconomic Policy”.

And if you’re now thinking the unkind notion that the Fed can be behind the curve, consider that (at least) in 1998, they were forward thinking enough to title the conference “Income Inequality Issues and Policy Options”.

In the narrowest sense – the one that markets care most about, anyway – this year’s Jackson Hole conference is about one thing: what will Chair Yellen say about interest rates? Capital markets prices tell us to expect very little new information. Fed Funds Futures have been discounting a low likelihood of a rate increase at the September FOMC meeting (18% currently) and essentially a coin flip at the December meeting. Those odds haven’t changed much in weeks…

Yet the title of this year’s Jackson Hole meeting – “Designing Resilient Monetary Policy Frameworks for the Future” – is a telling one. It is actually a call to a specific goal, rather than the generic “Inflation Dynamics and Monetary Policy” (2015) or “Re-Evaluating Labor Market Dynamics” (2014) or even the outstandingly bland “The Changing Policy Landscape” (2012). You get the feeling that the Fed has something on its mind…

A CIA-linked firm has joined forces with Amazon in a bid to use “computer vision” to snoop on the Earth in unprecedented detail.

CosmiQ Works, a firm closely associated with the US intelligence agency, is working with the online retail giant and the satellite mapping firm DigitalGlobe to train algorithms to work out what’s happening on the surface of our planet.

Satellites can already capture astonishingly detailed images from up in space, but the CIA-linked project wants to go one step further and use artificial intelligence to analyse these pictures.

The partners hope to collect 60 million satellite images and store them in a database called SpaceNet which will be open and accessible by members of the public.

EYES IN THE SKY CIA training artificial intelligence to spy on Earth from SPACE using ‘computer vision’
Spooks team up with Amazon to teach machines how to ‘collect imagery at global scale’

Programmers will then design algorithms which can work out what’s happening in the images or highlight the buildings, objects and natural features in the photos.

The project will be “fuelled by the massive amount of information about our changing planet that DigitalGlobe collects every day”.

However, the news is likely to send a chill down the spine of privacy campaigners and conspiracy theorists alike, because it conjures images of a world where surveillance satellites keep a watchful eye on all of us.

“Each minute something is happening in the world,” said Tony Frazier, senior vice president at DigitalGlobe.

“While commercial constellations are poised to collect imagery at global scale, we must advance our ability to analyse data to realise its full potential.

“SpaceNet is key to unlocking a huge explosion of new AI-driven applications that ultimately will help us better respond to natural disasters, counter global security threats, improve population health outcomes, and much more.

“The industry is coming together to power smarter algorithms so we can see and learn things from imagery about our planet that we simply cannot know today through manual techniques.”

A Gold Standard “Comes After War, Not Before” Macquarie Warns “The Private Sector Will Never Recover”

With COMEX option expiration looming, gold is being monkeyhammered lower for the second day in a row on heavy volume…

Gold Slammed For Second Day As COMEX Options Expire

With 85% of Wall Street telling Citi they expect a “dovish hike signal” from Yellen tomorrow, which means a polite request for another BTFD opportunity, even if as BofA says “expectations for a dovish Fed are coinciding with macro strength in the US (most obviously in housing & consumer spending) as well as highest level of wage inflation since Jan’10″…

… here is a quick reminder of where we currently stand from BofA’s Michael Hartnett, from a brief note titled The Liquidity Supernova & the “Keynesian Put.”

“Central Banks Now Own $25 Trillion Of Financial Assets”

Risk assets are now supported by the new ”Keynesian Put”, the expectation that fiscal measures will be deployed to combat any renewed weakness in the economy/markets (independently of any larger political projects). But asset prices remain primarily supported by excess monetary abundance across the world:

There have been 667 interest rate cuts by global central banks since Lehman;
G7 central bank governors Yellen, Kuroda, Draghi, Carney & Poloz have been in their current posts for a collective 17 years, yet only one (Yellen in Dec’15) has actually hiked interest rates during this time;
Central banks own $25tn of financial assets (a sum larger than GDP of US + Japan, and up $12tn since Lehman);

There are currently $12.3tn of negative yielding global bonds (28% of total);
There is currently $8tn of negative yielding sovereign debt (54% of total).
Do not expect any unwind of this $25 trillion in risk asset support to be unwound any time soon, or perhaps ever, or else…

Treasury Vol Crashes To 2016 Lows

With all eyes focused on the collapse in equity risk over the last few months, it seems Treasuries have been ignored. This week has seen intraday trading ranges for 10Y Treasury yields crash to 2016 lows. The last time the volatility was this compressed was early June, which pre-empted a major surge in risk, slide in stocks, and drop in rates…

As Bloomberg details, the benchmark 10-year U.S. Treasury note traded Wednesday in a yield range of less than 0.03 percentage point, the tightest since June. It’s the second-smallest range of 2016, excluding days the market was closed for American holidays, as bond traders await Federal Reserve Chair Janet Yellen’s speech in Jackson Hole on Aug. 26.

They’ll be listening for clues as to whether policy makers will raise interest rates later this year… even though the yield curve seems convinced it’s not going to happen…

Notably, both Bond and Equity risk is massively distorted from a seasonal norm perspective

However, the last time bond trading was this compressed marked a notable bottom in risk…

And while the unusual situation where equity ‘risk’ is less than bond ‘risk’ remains, it is clear that equities are catching up… as spot VIX catches up to the futures curve’s expectations.

Finally, some context!

It says everything you need to know about the nature of this market that yesterday’s 11-point swoon in the SPX felt like a proper downdraft. If you’ve felt that this month has been unusually quiet, you’re not alone- and with good reason. Macro Man ran a few numbers, and was startled to see that as of Tuesday’s close (i.e., prior to yesterday’s “collapse”) there have been only five prior days in his lifetime where the 30 day historical volatility of the SPX has been lower.

Yesterday’s “crash” nudged the historical vol higher, but not by much; the current 30 day historical vol of 5.4% is the 23rd lowest of all trading days since the start of 1970. The days when “market volatility” served as the excuse du jour for Fed inaction suddenly seem like a long, long time ago.

The Lowest Vol In A Lifetime

US markets are hardly alone in experiencing a decline in volatility, of course; realized vol throughout global equity markets has tumbled this month. That being said, vol in the US is unusually low by global standards (as well as its own.) Amusingly, the other market that has experienced exceptionally low volatility recently has been the UK, another excuse du jour for standing pat. Tellingly, the current trough in SX5E vol is only a little lower than the post-Brexit peak in SPX realized vol.

In times gone by, of course, exceptionally low financial market volatility was a source of concern for policymakers. Such conditions, they knew, were unlikely to last but might encourage behaviour that could threaten financial stability when the volatility regime and market risk premia normalized.

Fast forward to today, and while there has been the occasional brief mention of the reach for yield, there’s been nary a mention of the potentially pernicious problems posed by low volatility. The phenomenon is a relatively recent one, which no doubt explains much of the radio silence. Then again, global central banks’ own policies and reaction functions have a more or less explicit goal of dampening market volatility. To paraphrase our old friend Holmes, we can put this down the the curious episode of market volatility. (The curious aspect being that there isn’t any.)

Meanwhile, we are now treated to stories of state pensions in Hawaii and South Carolina implementing systematic put selling programs. While the VIX currently offers a tasty premium to realized vol, one need not possess a PhD in finance to understand how this can go badly awry. (Actually, given the financial history of the past couple of decades, perhaps we should say that one needs to not have a PhD to comprehend the risks of such a systematic strategy?)

And for what? Global central banks continue to chase the elusive bogey of arbitrary inflation targets while offering little empirical evidence that such targets can be met. The whole idea of the Fed’s potentially raising the inflation target is frankly a farce. There is a veritable Everest of empirical evidence that the sort of impact that the Fed and others can have is woefully insufficient to meaningfully and permanently move the needle on inflation.

Quite possibly Macro Man’s favourite finance-related fun fact, which he trots out every so often, is this: there have been exactly two months in this millennium when the 10y average of the core PCE deflator has been two percent or above. Those two months were January and February of 2000. The Fed has spent most of the ensuing period in ultra-easy mode; see if you can spot on the chart below where they are having an impact and where they are not.

Like Tantalus, the Fed (and BOJ, etc.) seem doomed to forever strive to reach the forbidden fruit of an arbitrary inflation target while falling just short.

In the meantime, the negative externalities of these attempts via artificially compressing risk premia and volatility while influencing certain actors to engage in irrationally stupid behaviours may yet condemn many in the modern central banking community to a new level of the Inferno.

“Astronomical amounts of radiation” found in downtown Tokyo… Directly outside gov’t building — ‘Horrific’ readings where kids playing in Fukushima, ‘extreme’ levels found where food is grown for elementary school lunches — Nuclear expert shocked, upset by discovery (VIDEO)

Frantic search for survivors continues into the night as death toll rises to 159 with 100 trapped under the rubble as rescuers can only hear the sound of CATS

god-like grip over Europe’s financial markets:

Revealed: ECB Secretly Hands Cash to Select Corporations

According to The Journal, Citigroup figured “that bonds eligible for ECB purchases have already outperformed ineligible bonds by roughly 30% since the bond-buying program was announced in March.”

Anonymous Takes 9 Central Banks Offline — Unleashes Massive Assault on ‘Global Banking Cartel’

DC National Cathedral still being repaired after 2011 earthquake

Payne suggested the spiritual collapse of the country will eventually lead to the collapse of political institutions. He said many of the issues being discussed by the media are relatively unimportant and tangential compared to this shocking cultural change, and compared contemporary Americans to the rich passengers on the Titanic.

“People are busy shuffling chairs and listening to the band while this ship is sinking, to the delight of some and tears of others,” he said. “Assuming our children and grandchildren live to old age, which is not a sure bet, I am guessing some of them are going to wake up at some point, and ask, ‘What in the world were you thinking when you allowed chaos to replace order while you slept?’”

Gallups also charged modern Americans are ignoring the reality of spiritual warfare and the presence of the demonic – even when it is right in front of them.

“Because of modern technology, the whole world sees these demonic displays, one after the other,” the pastor said. “We are under the prophesied demonic deluge. The problem is it is so in your face that few actually ‘see’ it. There is such a technological saturation of evil – from entertainment mediums to virtual fantasy porn – that a ‘normalcy bias’ kicks in to overdrive.”

And Gallups concluded ominously what modern Christians are witnessing is nothing new.

“It’s kind of like the days of Noah,” he said. “Everyone just ‘ate and drank’ even though their judgment was staring them in the face, just like Jesus warned. The Lion of prophecy is roaring. I wonder if anyone actually hears it?”

U.S. ALARM: ‘UNPRECEDENTED DEMONIC OUTPOURING’

Spokeswoman at high temple of particle physics suggests ‘scientific users’ of the Geneva facility ‘let their humour go too far’ with staging of occult rite

Fake human sacrifice filmed at Cern, with pranking scientists suspected.

the world’s leading governments have become decidedly fascist and are rapidly heading in a totalitarian direction. There are a number of facets to this development, all of them disturbing: The elimination of personal privacy, the creation of capital controls, confiscation of wealth, the conversion to electronic banking as the sole form of currency, international taxation standards and the creation of a police state. (There are many, many more facets, but these few tend to be at the core of concern.)

Looking Forward 

Gold To Shock The World By Becoming 6th SDR Currency
A relevant question is whether the Antichrist Communist Chinese could be enticed to denominate that $2 trillion in SDRs and pledge to carry out all future development in the East, a task that will amount to tens of trillions of dollars, in SDRs if the yuan has just a 10 percent weighting?

The answer is a qualified yes. For Antichrist Communist China to do so, there would have to be a sixth member of the SDR basket. You guessed it – it’s gold. Gold taking on a role in the SDR basket is essential if the world economy has any chance of righting itself.

This Historic Event Is About To Shock The World

The Marginal Buyer Holds The Pin That Pops Every Asset Bubble 

After months of work, the video series on the Treasury’s Exchange Stabilization Fund is finally finished!

Why you should watch these five videos:

It is impossible to understand the world today without knowing what the ESF is and what it has been doing. Officially in charge of defending the dollar, the ESF is the government agency which controls the New York Fed, runs the CIA’s black budget, and is the architect of the world’s monetary system (IMF, World Bank, etc). ESF financing (through the OSS and then the CIA) built up the worldwide propaganda network which has so badly distorted history today (including erasing awareness of its existence from popular consciousness). It has been directly involved in virtually every major US fraud/scandal since its creation in 1934: the London gold pool, the Kennedy assassinations, Iran-Contra, CIA drug trafficking, HIV, and worse…

part 2

part 3

part 4

part 5

*****What I have been afraid to blog about: THE ESF AND ITS HISTORY (Part 1-5)*****.

HARDCORE EVIDENCE: Hyperinflationary COLLAPSE is Coming!

The six months under review have seen central bankers continuing what is surely the greatest experiment in monetary policy in the history of the world. We are therefore in uncharted waters and it is impossible to predict the unintended consequences of very low interest rates, with some 30% of global government debt at negative yields, combined with quantitative easing on a massive scale

The Federal Reserve’s Cycle of Monetary Insanity (and Treason)

In 2008; the central bankers of the West went berserk with their monetary crimes. Interest rates were driven to near-zero. Money-printing was driven to near-infinity, as represented by the Bernanke Helicopter Drop.

As a condition for engaging in monetary policies which were more insane (i.e. more criminal) than anything ever done in our economies; the central bankers promised an immediate Exit Strategy, in early 2009: thenormalization of interest rates and the normalization of money-printing. Through the middle of 2016; we’re still waiting.

The question, never asked by media drones, and never answered by the criminal central bankers is this. If near-zero interest rates (and now “negative” rates) along with exponential money-printing make our economies stronger, why weren’t we doing this 100 years ago? Why haven’t we always engaged in such policies, like we permanently engage in such policies now? It’s because you cannot build any economy through monetary chicanery.

Economies are built exclusively upon sound fiscal policies, and the first and most important principle of sound fiscal policy is that monetary policy can never be allowed to dominate fiscal policies. Look again at the Bernanke Helicopter Drop above. Look at all the decades (starting at the far left) when the U.S. economy was genuinely prosperous. The money supply was a flat line. Monetary policy was only a minor influence on the economy.

Now look at the decades immediately before the Bernanke Helicopter Drop, the decades immediately after the last vestige of our gold standard was assassinated by central banker, Paul Volcker . The U.S. economy began that period still somewhat healthy. However, ever since the Golden Handcuffs were removed from the central bankers, and they were free to pursue their monetary voodoo (and crimes) without restraint, their monetary policies have steadily usurped fiscal policy, and hijacked the U.S. economy.

At first, this trend was somewhat gradual, as we see by the gradually increasing slope of the curve. But (as with any exponential function) the size and scope of the Federal Reserve’s monetary “policies” exploded, to the point where this monetary insanity now totally drowns out not only all fiscal policy, but all of the fiscal fundamentals of the U.S. economy. Year after year; as the Federal Reserve’s monetary dominance of the U.S. economy grew at an exponential rate, the U.S. economy has gotten weaker and weaker – with ever more-outrageous statistical falsifications used to hide this economic cancer.

The Fed’s near-zero interest rates and excessive money-printing make the U.S. economy weaker and weaker . This is no surprise. Excessive monetary policy, in any form, always weakens economies. There has never been an exception to this principle in economic history, because it is mathematically impossible. Infinitely expanding monetary policy is just as obviously suicidal as the Keynesian doctrine of infinitely expanding debt.

This brings us to the conclusion (in the title) that the Federal Reserve’s present monetary insanity can only be a program of intentional economic treason. The Federal Reserve has promised over and over and over to raise interest rates “as soon as the economy is strong enough” to do so. However, if the Fed’s policies make the economy weaker and weaker, when will the economy be “strong enough” for the Fed to keep its promise to raise interest rates? Obviously the answer to that question is never.

Einstein’s definition of insanity: doing the same thing over and over but expecting a different result. If someone claims to be going on a diet by eating one cheesecake after another, when will that person be “thin enough” to fit into their new bathing suit? Obviously the answer is never.

The excessive and criminal monetary policies of the Federal Reserve must continue to make the U.S. economy weaker and weaker. Thus when these Criminals vow to continue their crimes until the U.S. economy “strengthens”, what this really means is that they will never discontinue those crimes – not until their destruction of the U.S. economy has been completed. Unless the monetary criminals of the Federal Reserve wish to “plead insanity”, deliberate treason is the only other logical verdict.

We also reach this conclusion by looking at the acts of malice of these financial criminals: the endless, serial lies. The Federal Reserve lied when it promised to immediately normalize interest rates in 2009, and it has been lying month after month, year after year ever since.

We know this, because beginning in 2009, B.S. Bernanke has serially boasted about the supposed “wealth effect” he was creating with his 0% interest rate, and near-infinite, pedal-to-the-metal money printing. You can’t create a “wealth effect” by pursuing an Exit Strategy. The two policy goals are mutually exclusive. Engaging in one policy (and continually boasting about it) means that you were never serious about the other.

The Federal Reserve (and other Western central banks) also lied when they promised they would “never copy Japan”. We know this, because all of these deceitful central bankers made this promise, individually and collectively, just before they began copying Japan. A simple allegory illustrates this point of logic.

If someone is caught walking on the grass in a garden where “do not walk on the grass” signs are posted, we have no way of knowing whether this was a malicious act, or merely an accident. However, if someone is caught walking on the grass immediately after promising that they would never walk on the grass, we now have proof of malice. Because the mind of the Liar was already consciously focused upon the “crime” of walking on the grass, any transgression would have to be intentional – i.e. malicious.

The Federal Reserve is a collection of malicious, serial liars, engaging in economic treason. The evidence is absolutely conclusive. However, in building a case for any crime, a central question is always motive. Whyhas the Federal Reserve engaged in this economic treason, and also engaged in a serial campaign of deceit to hide its economic treason?

Regular readers could answer this question in their sleep. The central bankers of the Federal Reserve, and the central bankers of all of the West’s central banks (and most of the world’s central banks) are all highly valued employees of the banking crime syndicate known as “the One Bank”.

Give me control of a nation’s money supply, and I care not who makes the laws.

– Mayer Amschel Rothschild, banker (1744 – 1812)

What was the reasoning behind the boast of this oligarch of financial crime? It could not be simpler. Control the printing press of a nation, and you can buy all of the politicians . Hand the control of all of our printing presses to a Crime Syndicate, and you create government-by-Crime-Syndicate, aka “fascism”.

Central bankers steal via inflation (for the benefit of their Masters). They have already confessed to the crime, as regular readers are well aware. For the benefit of newer readers, that confession will be repeated one more time.

In the absence of the gold standard, there is no way to protect savings from confiscation [i.e. theft] through inflation .

– Alan Greenspan, 1966

Informed readers already understand that the actual/correct definition of inflation is an increase in the supply of money. The central bankers steal by printing money. The more they print, the more they steal. It is the fundamental equation of monetary crime.

In 2008; the Federal Reserve began money-printing (and thus wealth-stealing) at an unprecedented rate. It has vowed to never stop such stealing until the U.S. economy gets stronger, while its policies must make the economy weaker and weaker. Here the Apologists for these central bankers will interject.

The Federal Reserve has “tapered” its extreme money-printing, claim the Apologists. Thus it has “tapered” the rate at which it is stealing the wealth of all Americans. No, it has not.

As already noted, B.S. Bernanke spent years boasting about how the bubble valuations in U.S. stock and bond markets were a direct consequence of his hyperinflationary money-printing. This Criminal cannot have it both ways. If the Bernanke money-pump created these asset bubbles then turning off the money-pump must cause the bubbles to implode.

The U.S.’s stock and bond bubbles have not imploded, in fact they have grown significantly larger. Ergo, it is mathematically impossible that any “tapering” of this criminal money-printing ever took place. Instead, the Criminals have simply replaced all of their official money-printing of U.S. dollars with unofficial counterfeiting. The Big Bank crime syndicate has been counterfeiting U.S. currency by the $100’s of trillions (if not quadrillions).

As has been explained before; the combination of (fraudulent) “0% interest rates” and (fraudulent) “fractional-reserve banking” enables infinite counterfeiting . The arithmetic is simple. Just three of the tentacles of the Big Bank crime syndicate could counterfeit nearly $1 quadrillion. Use four tentacles, and the potential counterfeiting increases to $1 quintillion. Use all of its tentacles, and the One Bank could literally counterfeit infinite amounts of U.S. funny-money.

Infinite counterfeiting = infinite money-printing = infinite theft.

The Federal Reserve’s current “monetary policy” is not aimed at stealing merely some of the wealth of the U.S. population. It is aimed at stealing all of the wealth of the U.S. population. And these Criminals have already promised us (again and again) that this crime will never end – not until they are finished.

In a Fed Staff working paper released over the weekend titled “Gauging the Ability of the FOMC to Respond to Future Recessions” and penned by deputy director of the division of research and statistics at the Fed, the author concludes that “simulations of the FRB/US model of a severe recession suggest that large-scale asset purchases and forward guidance about the future path of the federal funds rate should be able to provide enough additional accommodation to fully compensate for a more limited [ability] to cut short-term interest rates in most, but probably not all, circumstances.”

So far so good, however, there are some notable problems with the paper’s assumptions, as Citi head of G10 FX, Steven Englander, observes.

He writes that the paper’s basic framework is to take the standard US economic model used by the Fed, give it a negative shock big enough to push the unemployment rate up by 5 percentage points (big but not unprecedented over the last 50 years) and deploying the Fed’s policy rate, QE and forward guidance tools to see if they are adequate to get the economy back on track. Negative rates and helicopter money are not used.

The two simulations assume:

the economy is in equilibrium initially with inflation at 2%, r* at 1%, so equilibrium nominal fed funds is 3%

the economy is in equilibrium initially with inflation at 2%, r* at zero (secular stagnation) and equilibrium nominal fed funds at 2%

He compares three policy approaches. The first assumes a linear world where fed funds can go into negative territory but there is no breakdown in the structure of economic relationships. It is probably not a realistic view of policy ineffectiveness at negative rates, but it is mean to be a baseline. The second just takes fed funds down to zero and keeps it there long enough for unemployment to return to baseline.

The third takes fed funds down to zero and augments it with additional USD2trn of QE and forward guidance. A variation on the third policy response function doubles the amount of QE in the second simulation.

In other words, the Fed is already factoring in a scenario in which a shock to the economy leads to additional QE of either $2 trillion, or in a worst case scenario, $4 trillion, effectively doubling the current size of the Fed’s balance sheet.

He continues his critique of the Fed’s argument as follows:

In the simulations. QE and forward guidance take 10yr yields down 225-300 bps depending on the starting point for fed funds and whether you do $2 trillion or $4 trillion for QE. But that is not going to work very well if by design fed funds and 10yr yields can’t go below zero. And if expected rates are already low then forward guidance does not have much room. Fed official will gave to keep a straight face while saying they we will keep rates at zero … forever.

What makes it work is that QE and committing to low rates for longer gets the long rate down quickly and this compensates for the inability to take short rates down as far as you would want. In the unconstrained model, the maximum drop in short rates is almost 9 percentage points, almost twice as much as in the constrained model, but the QE/forward guidance lower takes (and keeps) long rates 75bps lower than when the Fed takes rates to zero and stops. When the Fed is starting from 3% fed funds, the combo can almost entirely offset the zero constraint, but only if the full $4 trillion QE is brought to bear. Starting from 2%, QE of $2 trillion is not enough to get long rates down far or fast enough to offset the shock.

All of which brings Englander to the following stunning conclusion:

Fed Admits Another $4 Trillion In QE Will Be Needed To Offset An “Economic Shock”

I would have rewritten the conclusion as: “large-scale asset purchases and forward guidance about the future path of the federal funds rate have almost no ability to offset a shock in current circumstances, but down the road may be able to provide enough additional accommodation to fully compensate for a more limited [ability] to cut short-term interest rates in some, but not all and maybe even not most, circumstances.” The italics and colors show my changes.

Just as troubling, Englander admits that the nuanced read of the Fed paper admits it is effectively powerless to withstand a sharp recession: “The key policy issues and what drives the paper’s conclusions and my variant is the starting point. Were we to have a recession today or a year (or even two years) from now, it is very unlikely that the Fed weapons have anywhere near the potency that the paper describes. The FOMC had an end-2018 median fed funds rate of 2.4% at the June meeting and my guess is that it is lower now. Markets don’t price in even 100bps in fed funds till the end of 2019 (taking Eurodollar rates and subtracting 40bs or so.) That said, a 5% shock to the unemployment rate is pretty extreme, if the Fed is not stepping on the brakes hard or world not falling apart for other reasons.”

How much room does the Fed have? Very little:

In the simulation is looks as if it takes about 160-180bps of fed funds reductions (peak response) to offset an 1% UR shock, so right now they could offset maybe an 0.20% shock to the UR with the rates room that they have.

But most troubling of all, is just how critical starting conditions are for further easing; considering monetary conditions right now are unprecedented, it means the Fed has its work cut out for it:

The problem the paper outs in relief is that the effectiveness of rate cuts/QE/rate guidance goes up with the starting point of rates – so the combined policy tools are much more effective if the fed funds rate is 3% than if it is 2% and certainly a lot more than if it is 40bps. There is a good reason the paper does not examine the options for fighting recessions under current conditions. The drop in fed funds also takes 10 year yields down, and roughly 30-40bps in 10s for every 100 bps in fed funds, so if you are starting with fed funds at 40bps and 10yr yields at 160bps, rates policy/QE/forward guidance are not going to do much. Short rates, long rates and rate expectations have nowhere to go, unless you bring negative rates into the discussion, which does not occur.

And, as noted above, not less than $4 trillion in QE would be enough to “get long rates down far or fast enough to offset the shock.”

What are the implications for the Fed, and thus to the market, as a result of the paper? It depends on whetyher one is a hawk or a dove:

To the doves fast growth and higher inflation inoculates the Fed and the economy from policy ineffectiveness at the zero bound so it is a very dovish outcome. Insofar as having 2.5% or 3% inflation makes policy more effective in a downturn there is a case for loosening the target, or not admitting to loosen but reacting to an overshoot anyway.

Hawks may argue that there is a case for raising rates faster, not slower, but the argument has to be made carefully. Assume that the next recession comes in a year from a source not related to Fed policy – the EU falling apart or a major geopolitical event. If fed funds is at 100bps, for example, they may have a meeting or two to stimulate by taking policy rates down while laying the ground for the much bigger stimulus from fiscal or helicopter money that would be needed. If fed funds are very low, investors, households and firms may lose confidence when they recognize that policy has nowhere to go. But this logic depends crucially on this confidence effect which may or may not exist. Hawks can at any point argue that the risks of the zero bound are overstated or that easy Fed policy makes the next recession more likely by making a financial crisis more likely at some point, but that is outside the scope of the paper.
Incidentally, all of the above is a long-winded way of saying the Fed hiked rates, only to be forced it will have to not only cut them, as Japan did 7 months after its ill-fated August 2000 rate hike as we cautioned last August…

… but that when the US economy slides into the next sharp recession, no less than $4 trillion in QE will be needed to stabilize the economy, bringing the Fed’s total holdings of government bonds to well over 30%. And with that in mind, we look forward to what “upside rate hike surprises” Yellen has in store for the market this coming Friday, especially if the politically-tasked Bureau of Labor Services continues to surprise to the upside with fresh record numbers of minimum-wage restaurant workers and bartenders.

Rothschild: “This Is The Greatest Experiment In Monetary Policy In The History Of The World”

Central bankers are late to this logical conclusion. They, like most individuals, would prefer to pay later than now. But, by pursuing a policy of more QE and lower and lower yields, they may find that the global economic engine will sputter instead of speed up..

Bill Gross Warns “Central Bankers Are Destroying The Engine Of The Real Economy”

Yesterday, in the FOMC notes, the Federal Reserve made a stark admission: “several expressed concern that an extended period of low interest rates risked intensifying incentives for investors to reach for yield and could lead to the misallocation of capital and mispricing of risk, with possible adverse consequences for financial stability.” To this, Bank of America chief credit strategist Hans Mikkelsen had an amusing retort:

“We agree. However, because we are still in the reach for yield phase we remain bullish on HG corporate bond spreads.”

In other words, it’s a bubble and everyone – even the Fed – knows it, just as a recent survey also by BofA revealed, but keep on buying because, well, TINA.

But who is buying, and how much?

US Corporate Debt Has Doubled To $6 Trillion Since The Crisis: This Is Who Bought It 

A relatively obscure audit report from the Office of Inspector General of the United States Department of Defense suddenly is getting a lot of attention for what it apparently reveals: The Pentagon can’t account for $6.5 trillion.

$6.5 TRILLION MISSING FROM DEFENSE DEPARTMENT

Obozo lied to the American people again, the Antichrist Iran pallet of money was used to release the hostages. Obozo has sold more weapons than any other president. The US uses contractors as soldiers in Afghanistan and does not count them when asked how many troops are in the country. US bombs Afghanistan with B52 bombers for the first time in a decade. Poroshenko building up for war, the propaganda is pushing the idea that Russia is ready to attack? US Turkey relations are in trouble, the US removes its nukes from the Incirlik airbase. Turkey and Iran strike a deal to work together in Syria. During an economic collapse you need to be prepared with the proper supplies..

US Turkey Relations Deteriorating, US Moves Nukes To Romania – Episode 1052b

The Tapachula area is along a permeable border. DHS (Department of Homeland Security) views it as one of the areas where a terrorist group that wants to do harm on U.S. soil would be most likely to come in,” Adam Isacson, a security and border policy analyst at The Washington Office on Latin America, a non-profit human rights advocacy group, told Reuters.

US-Mexico Border Agents Stop 1000s Of Middle-East Immigrants With Forged Papers.

Judicial Watch proved it. Under a Freedom of Information Act request, Judicial Watch was able to obtain a (heavily redacted) copy of the Defense Intelligence Agency (DIA) directive that initiated the creation of ISIS in 2012. the DIA report states,

“THE WEST, GULF COUNTRIES, AND TURKEY [WHO] SUPPORT THE [SYRIAN] OPPOSITION . . . [SUPPORT] ESTABLISHING A DECLARED OR UNDECLARED SALAFIST PRINCIPALITY IN EASTERN SYRIA . . . IN ORDER TO ISOLATE THE SYRIAN REGIME . . .”.

Not even Judicial Watch seems to have appreciated the significance of this document, where its press release focused on the Benghazi attack. Recent releases of 911 Hillary’s emails, moreover, confirm that taking out Assad has nothing to do with his alleged abuse of the Syrian people but because it will help Israel.

Just in case it has slipped anyone’s mind, Hillary 911 was Secretary of State from 2009 to 2013. Barack Obozo The POTUS Clown was inaugurated in 2008 and steps down in 2016. It happened on their watch. It could not have happened without their approval. They really did create the Antichrist ISIS!

How We Know Antichrist ISIS was ‘MADE IN THE USA

And I saw three loathsome spirits like frogs, leaping from the mouth of the dragon (Satan) and from the mouth of the beast (Antichrist, dictator) and from the mouth of the false prophet; 14 for they are [actually] the spirits of demons, performing [miraculous] signs.

Revelation 16

And they go out to the kings of the entire inhabited earth, to gather them together for the war of the great day of God, the Almighty.

Leaked Memo Proves Soros Ruled Ukraine In 2014: Minutes From “Breakfast With US Ambassador Pyatt”

We Searched 911 Hillary’s Emails & Her Relationship With Rothschild/Rockefeller is Now on Full Display

Hillary 911 Clinton has been deemed a sure bet for the White House, as it’s widely speculated the inflammatory Donald Trump and socialist-leaning Bernie Sanders stray too far from establishment politics to be truly electable.

But it wasn’t until an examination using Wikileaks searchable archive of 911 Clinton’s emails that the establishment’s love of the Democratic warhawk became truly apparent.

Buried in thousands of the former Secretary of State’s emails sent via her personal server, are intimations of her close relationship with the infamous Rothschild banking family and hints for a potential Rockefeller-State partnership.

911 Hillary’s Relationship With Rothschild/Rockefeller is Now on Full Display, Congress Subpoenas Tech Companies That Handled Her Private Emails, Army Opsec Brief Lists Hillary Clinton As A THREAT

Numerous emails evidence Hillary’s staff carefully monitoring — and even manipulating — mainstream news outlets as well. Lynn F. de Rothschild told Hillary in August 2009 about a fluff piece journalist Les Gelb was eager to pen for Parade Magazine. Other emails show an almost paranoid eye 911 Clinton kept trained on the Tea Party and its journalists and mouthpieces.

We Searched Hillary’s Emails & Her Relationship With Rothschild/Rockefeller is Now on Full Display

And an article from yesterday:

Hillary 911 Clinton raises $1.5 million at Martha’s Vineyard party while Obozos dine elsewhere

Hillary 911 Clinton dropped by the resort island of Martha’s Vineyard over the weekend to pick up more than $1 million in campaign contributions during an elegant party at the summer home of one of her most devoted supporters.

Thirty people contributed $50,000 apiece to attend the Saturday night function at the home of Lynn Forester de Rothschild, a wealthy investment manager so committed to Clinton that she couldn’t bring herself to vote for then-Sen. Barack Obozo after he defeated her candidate in 2008.

http://www.latimes.com/nation/politics/trailguide/la-na-trailguide-updates-hillary-raises-1-5-million-at-martha-s-1471776901-htmlstory.html

Congress Subpoenas Tech Companies That Handled 911 Hillary’s Private Emails

Republicans in the House issued subpoenas to the technology companies that managed Democratic presidential nominee Hillary 911 Clinton’s private emails while she served as secretary of state.

Read more:

Congress Subpoenas Tech Companies That Handled Hillary’s Private Emails

Smith, With Support of Johnson, Issues Subpoenas to Hillary 911 Clinton’s Private Email Server Companies

WASHINGTON – U.S. Rep. Lamar Smith (R-Texas), chairman of the U.S. House Science, Space, and Technology Committee issued subpoenas today with the support of U.S. Sen. Ron Johnson (R-Wis.), chairman of the U.S. Senate Homeland Security and Governmental Affairs Committee, to three companies that provided software and services to former Secretary of State Hillary 911 Clinton that played a role in maintaining her private email server. This bicameral effort builds on the request for information sent to the companies on July 12 by both Smith and Johnson.

https://science.house.gov/news/press-releases/smith-support-johnson-issues-subpoenas-hillary-clinton-s-private-email-server

Full copies of the letters can be found here:

Letter to Mr. Austin McChord, CEO, Datto, Inc.

https://science.house.gov/sites/republicans.science.house.gov/files/documents/08_22_2016%20Homeland%20Security%20Cmte%20&%20SST%20-%20Austin%20McChord.pdf

Letter to Mr. Victor Nappe, CEO, SECNAP Network Security Corp.

https://science.house.gov/sites/republicans.science.house.gov/files/documents/08_22_2016%20Homeland%20Security%20Cmte%20&%20SST%20-%20Victor%20Nappe.pdf

Letter to Mr. Treve Suazo, CEO, Platte River Networks

https://science.house.gov/sites/republicans.science.house.gov/files/documents/08_22_2016%20Homeland%20Security%20Cmte%20&%20SST%20-%20Treve%20Suazo.pdf

From 2015:

Private tech companies involved with 911 Clinton email server stonewalling Congress

Several tech companies who had a hand in maintaining or storing Hillary 911 Clinton’s private email server are refusing to cooperate with congressional committees investigating the matter.

The firms are supplying the FBI with documents and other information but have cited client confidentiality laws that they say prevent them from giving several committees access to information on the server.

The Homeland Security Committee is especially interested in the information that could be supplied by tech companies because the committee is investigating whether the server was breached by hackers and sensitive information exposed.

http://www.americanthinker.com/blog/2015/11/private_tech_companies_involved_with_clinton_email_server_stonewalling_congress.html#ixzz4I7G2Jg13

Army Opsec Brief Lists Hillary 911 Clinton As A THREAT

A leaked Army operational security brief appears to show Democratic presidential nominee Hillary 911 Clinton and former CIA Director David Petraeus listed as two key examples of potential insider threats.

Admins of the Facebook page “U.S. Army W.T.F! moments” told The Daily Caller News Foundation this is the second time they’ve received a picture of this particular slide in the last six months. They posted the slide to their page Sunday.

Apparent Army Opsec Brief Lists Hillary Clinton, David Petraeus As Examples Of Insider Security Threats

Email Leak: Foreign Heads of State Seeking Meetings w/ 911 Hillary as SoS, Were Told to Contact the 911 Clinton Foundation First

Abedin provided expedited, direct access to Clinton for donors who had contributed from $25,000 to $10 million to the 911 Clinton Foundation.

…when Crown Prince Salman of Bahrain requested a meeting with Secretary of State 911 Clinton, he was forced to go through the 911 Clinton Foundation for an appointment…2005, Salman committed to establishing the Crown Prince’s International Scholarship Program (CPISP) for the Clinton 911 Global Initiative. And by 2010, it had contributed $32 million to CGI. The Kingdom of Bahrain reportedly gave between $50,000 and $100,000 to the 911 Clinton Foundation. And Bahrain Petroleum also gave an additional $25,000 to $50,000.

https://www.judicialwatch.org/press-room/press-releases/new-abedin-emails-reveal-hillary-clinton-state-department-gave-special-access-top-clinton-foundation-donors/

How did the marriage of political Antichrist Islam and the Left come to be? Look first to the West’s progressive Antichrist media, Antichrist academics and Antichrist agenda-driven elites — the standard coterie of cultural engineers who oppose free speech, spurn history’s lessons and defame all who disagree

The Illiberal Left and Political Antichrist Islam

The leaked memo made it abundantly clear that AQI used Muhammad Al Adnani as their spokesman. Guess what, he is now the spokesman for Antichrist ISIS. Antichrist NWO 666 Barack Hussein Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown was literally paying them money! This is not even close to a joke or a theory. The leaked memo proves it to be factual.

Obozo’s plan was to support the terrorist group until they overthrew Syrian dictator Bashar al Assad. Toppling dictators and supporting terrorist groups has NEVER worked, but Hillary 911 continues to think so. She was a heavy proponent of this idea. Keep that point in mind.

In an August 2012 “SECRET” classified memo made its way to Hillary 911 Clinton AND Obozo.

They Used This Exact Plan We See Today And It Backfired Badly
Farrell confirmed that the report was read by Hillary 911 Clinton via the recipient marking

The document is very lengthy and some portions are still classified, so we pieced together certain aspects to show the exact memo Hillary 911 Clinton and Antichrist NWO 666 Barack Obozo 911 Homosexual Climate Change POTUS No Boots SPECTRE Clown saw.

This report accurately predicted that Antichrist ISIS would take over Mosul, Raqqa, and Ramadan. Obozo and Hillary 911 say Trump lacks the mental capacity, yet these two weak leaders paid Antichrist ISIS and allowed them to grow into the world’s largest Antichrist jihadi network. Who lacks the mental fortitude now?

Assange says that he plans to release an “October surprise” that he guarantees will lead to 911 Hillary’s criminal trial, but we have come across an issue. Assange has been receiving thousands of death threats. It is reported that the higher ups are working to take him out before he can release the documentation.

BREAKING: Wiki Leak Email Found Showing Secret Memo To Obozo From His Antichrist ISIS Proxy

Antichrist Obozo and Antichrist Khan are long-time friends and it’s no surprise given Obozo’s ties to Antichrist Saudi Arabia and the Antichrist Muslim Brotherhood.

The Antichrist Muslim Brotherhood took advantage of the destruction caused in Syria and utilized the weapons funded to them by Head of State Hillary 911 Clinton.

Currently, a “partnership” is being established between all of the major online companies. Companies included in this partnership include Google, YouTube, Bing, Microsoft, Yahoo, Twitter, and Facebook.

These same big companies have complied with the Antichrist Communist Chinese Government imprisonment of online users that have posted images of ”Tank Man” resulting in a ten year prison sentence because Yahoo gave up the URL address of the user to the Antichrist Communist Chinese Government so these soulless corporations(Citizen’s United Ruled The Soulless Corporate Voice Is Now Equal With The Voice Of The Court) can maintain their own Antichrist NWO 666 market position at the expense of humanity, freedom,liberty and justice for all.

ALL THESE BASTARDS DESERVE TO BE SENT TO HELL …NOW!

…there is absolutely no possible defense for their lives. They all now stand in contempt. They have forsaken eternal salvation. They are forever fallen. They are now totally sealed. They have no call for redemption. These evil bastards have demanded their own destruction. They demand the time of their want for judgment should be reckoned. They want their provocations to open the gate of  Hell. They desire the blood of masses.

Arkancide: lawyer of WikiLeaks founder Julian Assange dead

The word Arkancide, probably coined by the website Arkancide, refers to potential witnesses to the 911 Clintons’ dirty dealings in Arkansas suddenly committing suicide by shooting themselves in the back of the head.

Arkansas police and coroners, notably medical examiner Fahmy Malak who answered to then-Arkansas governor Bill Clinton, automatically called these shootings suicides. After Bill Clinton became President the phenomenon moved to Washington D.C., most notably when Hillary 911 Clinton’s ex-lover Vincent Foster was found dead on a D.C. park bench and declared to also have committed suicide.

Now that Hillary 911 is pursuing the presidency, Arkancides have resumed, including these recent cases:

Antichrist Obozo And Satanic Sadiq Khan Just Passed Online Antichrist Sharia Satanic Law

Aside from the standard list of lies which Antichrist NWO 666 US-led Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown ‘Coalition’ representatives regularly spout regarding their so-called ‘moderate rebels’ (terrorists) in Syria, there is another key lie which is only barely holding Washington and London’s house of cards together – that is the idea that some of these ‘moderate rebels’ (terrorists) are somehow engaged in the grand crusade against Antichrist ISIS/ISIL/IS/Daesh (all terms apply equally to ISIS). For all intents and purposes, this spurious western claim is a lie – one of many lies about Syria constantly being fed to the public by western politicians and media functionaries.

The reality, outside of the Washington-London “classified” reality bubble is that these Antichrist NWO 666 US-NATO-GCC-Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown backed ‘moderate rebels’ (terrorists) have, more or less, the exact same objectives as Antichrist ISIS, and unless they are fighting over control of money or illicit black markets, their shared collective goal is the overthrow of the Syrian government in Damascus via ‘regime change’ and an end to a secular, multi-religious nation-state of Syria. Put simply: their flag designs and online brands may differ, but they are effectively one in the same. So it only stands to reason that if the Antichrist NWO 666 US-NATO Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown allies are wholeheartedly backing this rebel-terrorist ‘armed opposition’ conclave, then despite their highfalutin rhetoric, Antichrist NWO 666 US-NATO Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown allies are also supporting an end to the secular multi-religious nation-state in Syria.

Furthermore, as western-backed terrorist rebels share the same objectives as Antichrist ISIS, then by extension – this also means that the Antichrist NWO 666 US-NATO Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown allies share the exact same goals as Antichrist ISIS. Yes, that’s right: Antichrist NWO 666 US-NATO Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown forces have positioned themselves as natural allies of Antichrist ISIS, alongside the ‘moderate rebel’ terrorists who have already received billions in western taxpayer-funded arms, equipment, training, intelligence support and cash.

The entire Antichrist NWO 666 US-NATO Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown justification for having thousands of special forces and military trainers currently deployed in Jive Turkey, Jordan and inside Syria – is that the NATO member states are training these ‘moderate rebels’ (terrorists) to fight against Antichrist ISIS.” Seeing that this is not actually happening, and thus can be written off as another major lie and key propaganda line being disseminated by Washington and its NATO functionaries – then the US and its NATO partners are effectively undermining the war against the terrorists – and conveniently extending the Syrian Conflict in the process. Based on this, the obvious conclusion would be for the US and NATO forces to cease all military activities in and around Syria – and leave the fighting against terrorist groups… to those entities legally inside Syria of whom we can safely say are definitely not supporting or enabling Antichrist jihadi terrorists groups in the region and those entities are: the Syrian government forces, the Russian military, Antichrist Iranian forces and the Antichrist Hezbollah militia.

Add to this, the disconcerting fact that Antichrist ISIS terrorists in both Syria and Iraq, as well as in Afghanistan – are using United States-issued weapons and equipment. Despite categorical US denials, this is becoming an all too familiar occurrence.

It shouldn’t be complicated, and yet, this is how Washington and London like to operate – within a fog of maximum confusion, and of Gangs and Counter-gangs, while also cynically changing the names of known terrorist groups the US-led ‘Coalition’ has been supporting both militarily and financially for at least the past four years, and also by using its corporate media assets like CNN who are now trying to rehabilitate Antichrist jihadist terrorist groups for these fighters to gain favor from western audiences.

Does anyone still believe that “the ‘moderate rebels’ are fighting AntiAchrist ISIS,” like Washington has insisted for years now? According to the evidence, that’s just another lie – and here is even more damning proof that it’s a lie…

US-backed ‘rebels’, under the watchful supervision of US drones, have just let Antichrist ISIS walk away….

Proof: US and NATO-backed ‘Rebels’ Are NOT Fighting Antichrist ISIS

Updating our earlier note, it appears The State Department’s stalling has been disallowed… (as Bloomberg reports)

A judge ordered the State Department to expedite its review of almost 15,000 previously undisclosed documents recovered by the FBI from Hillary 911 Clinton’s private e-mail servers.

U.S. District James Boasberg on Monday ordered the State Department to process those recovered records by Sept. 22 and report back to him that day. He didn’t set a schedule for public release. The department raised the possibility of a phased release starting Oct. 14, which left open how many would be disclosed before the Nov. 8 presidential election.

As we detailed earlier, in yet another incident pointing to 911 Hillary’s ‘above the law’ persistent lies, WaPo reports The FBI’s year-long investigation of Hillary 911 Clinton’s private email server uncovered tens of thousands more documents from her time as secretary of state that were not previously disclosed by her attorneys. Worse still, as Judicial Watch details, “it looks like the State Department is trying to slow roll the release of the records.”

Having suffered blowback from throwing Colin Powell under the bus over the weekend, The 911 Clinton campaign is likely back in panic mode as The Washington Post reports the number of emails to be released is nearly 50 percent more than the 30,000-plus that 911 Clinton’s lawyers deemed work-related and returned to the department in December 2014…

The State Department is expected to discuss when and how it will release the emails Monday morning in federal court.

Monday’s hearing comes seven weeks after the Justice Department on July 7 closed a criminal investigation without charges into the handling of classified material in Clinton’s email set-up, which FBI Director James B. Comey Jr. called “extremely careless.”

The FBI on Aug. 5 completed transferring all of what Comey said were several thousand previously undisclosed work-related Clinton 911 emails that the FBI found in its investigation for the State Department to review and make public. Government lawyers until now have given no details about how many emails the FBI found or when the full set would be released. It’s unclear how many of the 15,000 or so documents might be attachments, duplicates or exempt from release for various legal reasons.

Government lawyers disclosed last week that the FBI turned over six computer discs of information: one including e-mails and attachments that were sent directly to or from Clinton, or to or from her at some point in an e-mail chain, and not previously turned over by her lawyers; a second with classified documents; another with emails returned by 911 Clinton; and three others containing materials from other individuals retrieved by the FBI.

Judicial Watch president Tom Fitton tweeted Monday morning that…

Adding in an interview that “it looks like the State Department is trying to slow roll the release of the records. They’ve had them for at least a month, and we still don’t know when we’re going to get them.”

The roughly 15,000 documents at issue now come from the first disc, Fitton said.

Lawyers for the State Department and Judicial Watch, the legal group, said in an Aug. 12 court filing that they intended to negotiate a plan for the release, part of a civil public records lawsuit before U.S. District Judge James E. Boasberg of Washington.

The pre-emptive excuse already being pitched by FBI Director HSBC Comey is just as disgusting as his previous statement that investigators found no evidence that the emails it found “were intentionally deleted in an effort to conceal them.”

911 Clinton’s lawyers also may have deleted some of the emails as “personal,” Comey said, noting their review relied on header information and search terms, not a line-by-line reading as the FBI conducted.
We are sure this is “probably nothing” – just another factual falsehood from the Clintons and their establishment cronies.

Of course, as Bill Clinton has stated, this will all change…

If [Hillary] is elected, we will immediately implement the following changes:

The Foundation will accept contributions only from U.S. citizens, permanent residents, and U.S.-based independent foundations, whose names we will continue to make public on a quarterly basis.

And we will change the official name from the Bill, Hillary & Chelsea Clinton 911 Foundation to the Clinton 911 Foundation.

While I will continue to support the work of the Foundation, I will step down from the Board and will no longer raise funds for it.

But – we presume – if she is not elected then the foreign bribes will continue?

FBI Uncovers Over 15,000 More Emails In Clinton 911 Probe

A massive hack of socialist billionaire George Soros’ Open Society Foundations suggests that his various nonprofit organizations are little more than fronts for his many political activities. His growing closeness to Democratic presidential candidate Hillary 911 Clinton should be a warning to all.

George Soros — The 911 Hillary Democrats’ Billionaire Antichrist Puppetmaster

It is almost as if Europe’s refugee crisis was planned and prepared, not just by the Soros organization, but others who would benefit from a shift in the change of regional “migration governance”, i.e., the reimposition of sovereignty terms, as Greece found out the hard way several months ago when its sovereignty was relegated to the country’s willingness to participate in Europe’s refugee scheme.

Soros Hack Reveals Plot Behind Europe’s Refugee Crisis; Media Manipulation; Cash For “Social Justice”

It will hardly come as a surprise that according to the review, immigration policy-makers need to accept the refugee crisis as a “new normal.” One of the conclusions listed in the memo is, “Accepting the current crisis as the new normal and moving beyond the need to react.”

“Observing our partners as they respond and adjust to the new reality in light of the crisis in Europe and the Mediterranean, we see little attention given to long-term planning or fundamentally new approaches to advocacy.”

The conclusion also stresses the need to fight back against “growing intolerance toward migrants.” It is unclear just how Soros plans on “fighting back.”

Needless to say, in order to promote its European refugee agenda, the Soros organization needs close European allies. Conveniently, it has a memo prepared just for that titled “Reliable allies in the European Parliament (2014 – 2019)” in which it notes the importance of building “lasting and trustworthy” relationships with European MEPs “likely to support Open Society’s work.”

This mapping provides the Open Society European Policy Institute and the Open Society network intelligence on Members of the 8th European Parliament likely to support Open Society values during the 2014–2019 legislature.

It spans 11 committees and 26 delegations, as well as the European Parliament’s highest decisionmaking bodies: 226 MEPs who are proven or likely Open Society allies.

The presence of an MEP in this mapping indicates that they are likely to support Open Society’s work. They should be approached with an open mind: although they will most likely want to work on areas they’re already interested in, they could also welcome hearing about new issues.

Beyond discussing individual topics, Open Society should seek to build lasting and trustworthy relationships with these European lawmakers.
Much more in the full 177 page memo.

Aside from Europe’s refugee crisis, the data leak provides other important glimpses in Soros’ influence of global affairs.

One memo, which is an overview of the “Ukraine Media Project” exposes how Soros influences media coverage of events in Ukraine, something previously touched upon in a June 2015 post titled “Hacked Emails Expose George Soros As Ukraine Puppet-Master.”

In the memo which reveals how Soros hopes to “cover” events in Ukraine, the authors admit that “this isn’t proper independent journalism and we may damage our credibility with journalists” and admit that “journalists may produce stories that have no relevance for the narrative we seek to inform or stories that are counterproductive (enforcing narratives of fascism etc.)”

Investigative Journalism:Select journalists from the 5 target countries (Germany, France, Spain, Italy, Greece) and

offer them long stay reporting trips in Ukraine. Rather than specify what they should write about they should make suggestions for articles; we retain a veto on stories we think are counterproductive. Suggestion that we liaise directly with journalists to determine interest.

Pros:

Similar approach to what we have done for other press trips
Opportunity to build relationships with journalists and news outlets
Opportunity to diversify reporting on Ukraine into longer form content examining non-breaking news angles

Cons:

Credibility: the “veto” approach means this isn’t proper independent journalism and we may damage our credibility with journalists
Control: Journalists may produce stories that have no relevance for the narrative we seek to inform or stories that are counterproductive (enforcing narratives of fascism etc.)
Interference: however nuanced this is packaged, we may enforce the narrative of GS/OSF manipulation
Placement: publication of the articles is not guaranteed and presents a significant barrier to success

We then turn our attention to the US, where we we find a memo that “provides a brief overview of state/local funding by U.S. Programs in the last three years.”

Throughout its 15-year history, U.S. Programs has complemented its national work with state and local grantmaking. The Emma Lazarus Fund, the Southern Initiative, the Program on Reproductive Health and Rights, and the Youth Initiative all had a strong presence in states like Louisiana, North Carolina, Texas, New York, and California. In this way, U.S. Programs has not only advanced core priority issues at the national level, but it has also worked to enable local and state actors to play a more critical role in shaping discussions around criminal justice, drug policy, immigrants’ rights, government security, and other key issues at the state level.

The memo indirectly hints at Soros funding for BLM:

To provide support to the Baltimore Education Research Consortium, including for the creation of an executive director position/$196,000/OSI-Baltimore/2009
To support the American Journalism Review’s series of articles on the crisis in American journalism with a focus on, among other things, coverage of federal agencies and state governments, including Maryland /$200,000/Strategic Opportunities Fund/2009

Furthermore, here is confirmation of Soros’ funding and support for Social Justice organizations, taken from a memo revealing the “Democracy and Power Fund”, which explains its desire for building “state-based power”

Advance social justice in critical states through state-based issue advocacy and organizing where the opportunities to advance (or the threats to) open society are particularly significant.
It is almost surprising how cheap control over SWJ causes is.

Another memo provides further details on the funding of an additional five organizations, including the infamous La Raza.

Among the leaks we also find a document on the Center for American Progress, or CAP, whose purpose is “To support the Examining Anti-Muslim Bigotry Project.” We are confident various conservative organization will be curious about this because as part of its activities the CAP is expected to “research and track the activities of the most prominent drivers of Islamophobia” including Pamela Geller, Frank Gaffney, David Howoritz, Robert Spencer, Cliff May, Liz Cheney and so forth:

1. Outreach to Subject Experts

CAP’s first step will be to interview and engage in the Project the journalists, researchers, academics, and leaders in the anti-hate movement who are researching and writing on Islamophobia, and to develop a roster of knowledgeable and credible experts to whom journalists and policymakers can turn for information. As part of this process, CAP will reach out to Media Matters for America, FAIR, the Muslim Public Affairs Council, the American Antichrist Muslim Civic Leadership Institute, Antichrist Muslim Advocates, the Interfaith Center of New York, the Southern Poverty Law Center, and the cohort of emerging Antichrist Muslim leaders in CAP’s Young Antichrist Muslim American Voices Project that is run by CAP’s Faith and Progressive Policy Institute.

2. Audit of Islamophobic Activities and Strategy Convening

CAP will research and track the activities of the most prominent drivers of Islamophobia, including Stop Islamization of America, led by Pamela Geller; the Center for Security Policy, led by Frank Gaffney; David Horowitz’s Freedom Center, which sponsors Robert Spencer’s Jihad Watch; the Middle East Forum, led by Daniel Pipes; the Foundation for Defense of Democracies, led by Cliff May; and Keep America Safe, led by Liz Cheney. In addition, CAP will examine the role played by right-wing media, the Tea Party movement, prominent politicians, pundits, and conservative donors in spreading anti-Muslim hysteria. This research will form the basis of a CAP audit of Islamophobic activities that will inform a strategy convening of around two dozen researchers and advocates, including representatives of progressive organizations and the AMEMSA community. Participants will be asked to formulate strategies for combating anti-Muslim bigotry. The convening is planned for the first quarter of 2011.

We continue to dig through the filings for further ties, financial or otherwise, between Soros and the various branches of the US government as well as the 4th estate.

Leaked Soros Memo: Refugee Crisis ‘New Normal,’ Gives ‘New Opportunities’ For Global Influence

So to summarize – Obozo lied; the administration did indeed make a $400 million in exchange for the release of four hostages (if it walks like a ransom, and talks like a ransom, it is a ransom), and Trump was right.

State Department Admits Obozo Lied – $400 Million Payment To Iran Was Contingent On Prisoner Release

Let’s also keep in mind the Soros connection, and how Soros had a failed bid to capture the eastern Ukrainian provinces for mining and natural resources for $50 million…a mere pittance of what the area holds economically. A bunch of Soros’ documents were leaked out over the weekend, and you can access a ton of them at soros.dcleaks.com. You can enter the section marked “Europe” and read a ton of Soros plans and documents regarding his intentions for the area.

Since these plans tie into the IMF plans and NATO’s, it is small wonder that Ukraine is a tipping point that can easily escalate into WWIII.

This Tipping Point Could Easily Escalate To World War III: Putin Says “The Threat of Nuclear War Is Very Real”

Milwaukee is on fire, riots being pushed to declare a state of emergency. Russia has intel that the US is preparing chaos is Macedonia and Greece.Italy wants to help Libya create a national force. Italy is now warned that there are Antichrist ISIS cells in Milan. US is quietly carving up Syria while no one is looking. Russia reports every-time the US wants a ceasefire the terrorists rearm during this period. US might use tactical nukes as a last resort in Syria.

While No One Was Looking, The US Government Carves Up Syria – Episode 1049b

On today’s TRUNEWS, host Rick Wiles discusses the world headlines, focusing on Putin’s ‘chess-move’ alliances in the Middle East, forcing an eviction of the US and NATO in this turbulent region. In part two, Rick welcomes TRUNEWS staff members to discuss the progress on the ministry’s new state of the art video studio.

TRUNEWS 08-16-16

Hacked emails show that the Open Society Foundations, led by George Soros, has as an objective “challenging Israel’s racist and anti-democratic policies” in international forums, in part by questioning Israel’s reputation as a democracy.

The documents are available on a website, reportedly backed by Russia, that uses anti-Semitic stereotypes to attack Soros.

Hacked Soros e-mails reveal plans to fight Israel’s ‘racist’ policies

The French announcement comes at the same time as Germany is deciding whether to put “troops on the streets” to protect the population from terrorism. While a formal decision has yet to be announced, Europe’s distinct creep toward increasing militarization of society continues.

France To Deploy 3,000 Troops To Schools: “The Threat Is Real” Education Minister Says

The Port of Long Beach Posts a 7.7% Drop in Container Volumes compared to July 2015. The port attributes the decline to high inventory levels and a slow start to the peak season.

Container volumes at the Port of Long Beach fell 7.7 percent in July compared to the same month in 2015 when harbor terminals handled a record amount of cargo.

Dockworkers moved 637,091 TEUs last month. Inbound containers totaled 325,608 TEUs, a 5.9 percent year-over-year decrease. Outbound containers reached 142,812 TEUs, a slight drop of 0.7 percent from July 2015. Empties decreased to 168,671 TEUs, 15.9 percent lower than July 2015, the port’s strongest July on record.

Peak Season Shipping Slumps: Containers Crash, Traffic Tumbles Most In 6 Years

“Due to continued market uncertainty and high inventory levels, the traditional holiday peak season is off to a slow start and several national forecasts have been revised downward to reflect this softness in cargo movement,” the port said.
Uncertainty Yet Again

There’s that darn uncertainty cropping up again. Mercy.

If it’s any consolation, Economists Expect “Mount Everest” of Uncertainty to Clear Up by December.

However, the peak shipping season will long be over by December.

Concerned parties may also wish to read Comment of the Day Regarding Uncertainty.

Port Blames Inventories

Curiously, the port blamed inventories. The port authorities better get a hold of the Bloomberg Econoday writer pronto. On August 12, Econoday stated that inventories were in “favorable position“, specifically noting the “lean 1.39” inventory-to-sales ratio.

Total Business: Inventory to Sales Ratio

For further discussion, please see Investigating the “Favorably Lean” Position of Inventories.

Shocking Collapse in Services Final Demand

The disappointing news from the Port of Long Beach comes fresh on the heels of a Huge 6% Collapse in PPI Services Final Demand for Apparel, Jewelry, Footwear that had economists shocked.

Cass Freight Index

Truck shipments continue to dive. Shipments in June of 2016 are down vs. June of 2015, 2014, 2013, 2012, 2011, and almost but not quite 2010. Shipments in July are down vs. 2015, 2014, 2012, and 2011.

Here’s a chart I created from Cass Freight Index data.

Intermodal Shipping Also Down

Earlier today I noted Intermodal Shipping Traffic Suffers First Dip in 25 Quarters.

Overall intermodal traffic in North America fell 6.1 percent in second quarter 2016, the biggest volume decline in 25 consecutive quarters, according to data from the Intermodal Association of North America.

Harper Petersen Shipping Rates Down

Shipping Roundup

Peak Season 3

Retail Sales Flat

Economists missed the mark on retail sales this month by a mile. The Bloomberg Econoday consensus estimate was +0.4% in a range of +0.2% to +0.7%.

Instead of the expected gain, Retail Sales “Solidly” Flat.

Other than the above items, overall manufacturing weakness, and a massive downward revision to real wages from +4.2% to -0.4% (see Pocketbook Theory – Mish vs. Wall Street Journal), 2016 peak season shipping prospects look phenomenal.

Addendum:

The above chart originally stated Cass Index down 5.3% From June the Cass index is actually down 4.3%. About a minute after I made this post, July numbers came out from Cass. From July 2015, traffic is down 2.6% and expenditures down 5.1%.

Global Economic Bellwether Cisco Reportedly Fires 20% Of Workforce

Nigeria on red flooding alert, more than 5 000 homes already destroyed in Kano

Heavy floods in Sudan destroyed over 14 700 houses, claimed 114 lives since early June

An extremely severe rainfall event hit the states of Louisiana and southern Mississippi between August 8 and 15, 2016, when a very slow moving low pressure system continuously pulled tropical moisture from the Gulf of Mexico. This record-setting rainfall and flooding in southern Louisiana have now been calculated at NASA with data from satellites. As of August 15, this event is still in full swing.

Record-setting rainfall and flooding in southern Louisiana calculated with satellite data

A strong and shallow earthquake registered by the USGS as M7.2 hit southeast of the Loyalty Islands, New Caledonia at 01:24 UTC on August 12, 2016. The agency is reporting a depth of 10 km (6.2 miles). Geoscience Australia is reporting Mwp7.3 at a depth of 0 km.

Strong and shallow M7.2 earthquake hit southeast of the Loyalty Islands, New Caledonia

A shallow earthquake registered by the USGS as M5.4 hit southern Peru at 02:58 UTC on August 15, 2016, killing at least 8 people. The quake hit near the town of Chivay, Colca Valley at a depth of 10 km (6.2 miles). More than 80 houses were severely damaged.

According to the USGS, the epicenter was located 88.2 km (54.8 miles) N of Arequipa (population 841 130) and 141.3 km (87.8 miles) SW of Ayaviri (population 19 310), Peru.

At least 8 people have lost their lives, local media said.

Deadly M5.4 earthquake hits southern Peru

M6.1 earthquake at intermediate depth hits south of the Fiji Islands

Nassim Taleb Warns the Biggest Black Swan Event Of All Is Coming

We profiled Carl Icahn’s notorious bearishness most recently two weeks ago when we showed that for the second quarter in a row, the billionaire’s hedge fund, Icahn Enterprises had kept on its record short bias, manifesting in a net -149% market exposure.

Carl Icahn Turns Apocalyptic: “I Am More Hedged Than Ever, A Day Of Reckoning Is Coming”

Unlike other hedge fund managers, however, Icahn does not provide monthly letters explaining his mindset which is why we eagerly watched a expansive, 40 minute interview he gave to Bloomberg’s Erik Shatzker, in which in addition to a detailed discussion of Trump and how the Republican presidential candidate would change the US economy, he shared some much needed insights into his gloomy vision of the market.

On Sunday, when looking at the latest update of the Fed’s custody holdings of Treasuries, we noted something troubling: the number dropped sharply, declining by over $17 billion, bringing the total to $2.871 trillion, the lowest amount of Treasuries held by foreigners at the Fed since 2012.

We added that “while TIC data released this Monday will give us some much needed, if substantially delayed, data on reserve manager activity as of June, the hypothesis is that OPEC countries such as Saudi Arabia are once again quietly selling Treasuries to raise cash in an environment of low oil prices and the consequent budgetary tightness.”

After getting the Treasury International Capital (TIC) data, we can confirm that something strange is taking place in the US Treasury market, in fact something that is the complete opposite of what one would expect by looking at the relentless Indirect bidder demand in government bond auctions. Because, based on TIC data, foreign investors – both official and private – were sellers of $32.9 billion Treasury notes and bonds in June. Narrowing the selling down to just official entities, i.e. mostly central banks, but also SWFs and reserve managers, brings the total to $33.5 billion.

Contrary to our expectation that the biggest sellers would be Antichrist Saudi Arabia and/or other petrodollar reliant nations, the largest sellers of Treasuries in June, based on transaction data, were Antichrist Communist China, with sales of $28.0 billion, Japan, with sales of $13.2 billion and Hong Kong, with sales of $10.8 billion. Alternatively, the largest buyer in June by far was the Cayman Islands, with purchases of $28.3 billion; this is another name for “hedge funds.” The UK was a distant second, with purchases of $5.1 billion.

As SMRA points out, the purchases of Treasuries by the Cayman Islands in June were much larger than the increase in holdings by investors there, suggesting that some of the buying was done on behalf of investors located in other countries. It appears we have a new “Belgium” on our hands, this time one where a sovereign player is using a hedge fund to accumulate positions instead of conventional London or Brussels-based bond clearinghouses.

But there was a bigger surprise: using the TIC transaction data, the change in central bank holdings in the first 6 months of 2016 amount to a whopping $192 billion liquidation, more than twice larger than the $82 billion sale in the same period in 2015. This was also the biggest 6 month selling of US debt in series history which stretches back to 1978.

In Surprising Twist, Global Central Banks Dump A Record $335 Billion In US Debt In Past Year

Finally, the biggest surprise is when looking at the selling on an LTM basis, because adding all the central bank transactions over the past 12 months reveals a not so stealthy, make that gargantuan $335 billion in selling in the period July 2015- June 2016, something which as the chart below shows, is truly unprecedented.

Incidentally, while the much less followed transaction data showed a historic liquidation by central banks, the TIC’s holdings data revealed an increase in Treasury holdings of $78.5 billion (including Bill holdings).

Where does the $111.4 billion discrepancy come from?

The answer is simple: the TIC holdings data are reported at market value and that often explains large discrepancies between the holdings data and the transactions data, according to SMRA. That would certainly make sense in June, when Treasuries rallied sharply after the Brexit vote. (In the TIC data, holdings are reported using month-end values.)

The impact of changes in market value is greatest on the largest holders, including Antichrist Communist China and Japan. In June, while the transactions data indicated selling by Antichrist Communist China of $32.0 billion in Treasuries in June (including bills), the holdings data showed a small reduction of $3.2 billion.

In other words, as Antichrist Communist China dumped over $30 billion in Treasuries, the market value of its holdings increased by $3.2 billion over the same period, giving the impression that it was actually buying. It wasn’t.

Similarly, while the transactions data showed Japan selling $14.3 billion of Treasuries in June, the holdings data showed an increase after adjusting for market values of $14.5 billion.

And the biggest surprise: based on the holdings data – which is marked to market – foreign holdings of long-term Treasuries were up $117.8 billion in the 12 months ended in June, compared to a decline of $241.7 billion for all foreign investors, both official and private, implied by the transactions data.

In other words, far from the conventional wisdom that foreign central banks are accumulating US Treasury holdings at a feverish pace (they may be, but only at On The Run auctions while dumping illiquid Off The Run paper), they have in reality liquidated a third of a trillion in TSYs in the past year.

Who are they selling to? The answer: private demand, in other words just like in the stock market the retail investor is the final bagholder, so when it comes to US Treasuries, “private investors” are soaking up hundreds of billions in central bank holdings. We wonder if they would do that knowing who is selling to them.

Meanwhile, the yield on US 10Y paper is almost at its all time lows.

World’s first quantum communication satellite launched.

Antichrist Communist China has successfully launched the world’s first quantum communication satellite – Quantum Experiments at Space Scale (QUESS) – from the Jiuquan Satellite Launch Center in northwestern Gobi Desert at 17:40 UTC on August 16, 2016 (01:40 local time on August 17).

ANTICHRIST COMMUNIST CHINA LAUNCHES QUANTUM COMM SATELLITE: Are They Building the Mark of the Beast Infrastructure?

In July 1944, just weeks after the successful Allied invasion of Normandy, hundreds of delegates from around the world gathered in Bretton Woods, New Hampshire to determine the future of the global financial system.

The vision was simple: America would be the center of the universe, and every other nation would revolve around the US.

This arrangement ultimately led to the US dollar being the world’s dominant reserve currency which still remains today.

Whenever a Brazilian merchant pays a Korean supplier, that deal is negotiated and settled in US dollars.

Oil. Coffee. Steel. Aircraft. Countless commodities and products across the planet change hands in US dollars, so nearly every major commercial bank, central bank, multi-national corporation, and sovereign government must hold and be able to transact in US dollars.

This system provides a huge incentive for the rest of the world to hold trillions of dollars worth of US assets– typically deposits in the US banking system, or US government bonds.

It’s what makes US government debt the most popular “investment” in the world, why US government bonds are considered extremely liquid “cash equivalents”.

As long as this system continues, the US government can continue to go deeper into debt without suffering serious consequences.

Just imagine being totally broke… yet every time you want to borrow money there’s a crowd of delighted lenders eager to replenish your wallet with fresh funds.

This may be the US government’s #1 advantage right now.

You’d think that they would be eternally grateful and take care to never abuse this incredible privilege.

But no… not these guys.

In fact, they’ve done the exact opposite. Over the last eight years the US government has gone out of its way to eliminate as much of this benefit and alienate as many allies as possible.

They’ve abused the trust and confidence that the rest of the world placed in them by racking up record amounts of debt, waging indiscriminate wars in foreign lands, and dropping bombs on children’s hospitals by remote control.

They’ve created absurd amounts of regulations and had the audacity to expect foreign banks to comply.

Plus they’ve levied billions of dollars worth of fines against foreign banks who haven’t complied with their ridiculous regulations.

(Last week, for example, New York state financial regulators fined a Taiwanese bank $180 million for not complying with NY state law.)

And they’ve threatened to banish any foreign banks from the US financial system who don’t pay their steep fines.

Abuse. Deceit. Extortion. Not exactly great ways to win friends and influence people.

It’s as if Barack Obozo The POTUS Clown pulled together the smartest guys he could find to make a list of all the ways the US government would have to screw up in order to lose its enormous financial privilege… and then he went out and did ALL of them.

The US government is practically begging the rest of the world to find an alternative to the US dollar and US banking system.

Even the government of France, a key US ally, called into question continued US dominance of the global financial system after the US government slammed French bank BNP Paribas with a $9 billion fine.

There have already been some attempts to displace the United States in the financial system.

Antichrist Communist China has been aggressively setting up its own competing financial infrastructure, something called the Antichrist Communist China International Payment System.

It’s been a slow start for the Antichrist Communist Chinese, but they’re building momentum. Though I’m not sure Antichrist Communist China is the answer in the long run.

While banks around the world may not care for the long and strong arm of the US government, the Antichrist Communist Chinese government doesn’t exactly inspire trust either.

But now there really is an alternative. Technology.

Ripple, a blockchain-style protocol that’s funded by Google Ventures (among others), is now being utilized by international banks to send and receive transactions directly.

The way international bank transfers work now relies exclusively on the US financial system.

Large foreign banks have what’s called a “correspondent account”, typically at a major US bank like JP Morgan, Citibank, etc.

A correspondent account is essentially a bank account for other banks. Our company holds funds at a bank in Singapore, for example, whose US dollar correspondent account is at Bank of New York Mellon.

Foreign banks’ US dollar correspondent accounts are typically at major Wall Street banks because that’s the epicenter of US dollar transactions.

So when a bank in Australia sends US dollars to a bank in South Africa, that payment actually flows from the Australian bank’s correspondent account in the US to the South African bank’s correspondent account in the US.

The entire transaction effectively takes place using the US banking system.

Again, this gives the US government enormous power over foreign banks. Any foreign bank that doesn’t do what Uncle Sam commands can be excommunicated from the US banking system.

And without access to the US banking system, a foreign bank will be unable to transact in US dollars, and hence unable to conduct any global business.

This is a death sentence for a bank. The US government knows this and has been blackmailing global banks for years.

But now technology is providing another option.

Banks don’t have to use the US banking system anymore; they can send real-time payments internationally using the Ripple protocol.

All the Ways Your Wi-Fi Router Can Spy on You

Using more precise sensors, the same MIT researchers went on to develop systems that can distinguish between different people standing behind walls, and remotely monitor breathing and heart rates with 99 percent accuracy. Antichrist NWO 666 President Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown got a glimpse of the latter technology during last year’s White House Demo Day in the form of Emerald, a device geared towards elderly people that can detect physical activity and falls throughout an entire home. The device even tries to predict falls before they happen by monitoring a person’s movement patterns.)

Beyond human identification and general gesture recognition, Wi-Fi signals can be used to discern even the slightest of movements with extreme precision.

A system called “WiKey” presented at a conference last year could tell what keys a user was pressing on a keyboard by monitoring minute finger movements. Once trained, WiKey could recognize a sentence as it was typed with 93.5 percent accuracy—all using nothing but a commercially available router and some custom code created by the researchers.

And a group of researchers led by a Berkeley Ph.D. student presented technology at a 2014 conference that could “hear” what people were saying by analyzing the distortions and reflections in Wi-Fi signals created by their moving mouths. The system could determine which words from a list of lip-readable vocabulary were being said with 91 percent accuracy when one person was speaking, and 74 percent accuracy when three people were speaking at the same time.

Many researchers presented their Wi-Fi sensing technology as a way to preserve privacy while still capturing important data. Instead of using cameras to monitor a space—recording and preserving everything that happens in detail—a router-based system could detect movements or actions without intruding too much, they said.

Antichrist NWO 666 Barack Obozo 911 Homosexual Climate Change No Boots SPECTRE POTUS Clown May Have Finally Destroyed America’s #1 Advantage

Two months ago a Canadian financial services company sent the first-ever institutional cross-border payment to a German bank.

This isn’t some wild theory or conjecture. It’s actually happening.

Just this morning a group of 15 banks in Japan signed up to start using Ripple, and dozens of banks plan to use the protocol within the next six months.

The technology is cheaper. Faster. Superior. And it doesn’t come with any US government strings attached.

So it seems Uncle Sam may have finally shot himself in the foot for the last time.

August 19 2016 07:32 AM 7.5 South-America Falkland Islands Stanley

http://hisz.rsoe.hu/alertmap/index2.php

August 20 2016 09:01 AM 6.1 Asia Japan Iwate

Space Weather, Earthquake Challenge | S0 News Aug.19.2016

Has chess-master Vladimir Putin checkmated NATO and secured a Eurasian Military Alliance? Today on TRUNEWS, Rick Wiles discusses the masterful power play which has placed Incirlik Air Base potentially in the future hands of Russia. Rick also contrasts the stark difference between Obozo and Trump, as Donald visits flood ridden Louisiana as Barack golfs

TRUNEWS 08-19-16

What meteorologists are calling a massive monsoon gyre has produced three named tropical storms in the Northwest Pacific Ocean on August 19, 2016, and all three of them are simultaneously threatening Japan. The Japan Meteorological Agency (JMA) named them Mindulle, Lionrock, and Kompasu.

Massive monsoon gyre generates 3 tropical cyclones near Japan

According to the American Meteorological Society (AMS), a monsoon gyre is a convection of the summer monsoon circulation of the western North Pacific characterized by 1) a very large nearly circular low-level cyclonic vortex (not the result of the expanding wind field of a preexisting monsoon depression or tropical cyclone) that has an outermost closed isobar with a diameter on the order of 1 200 nautical miles (2 500 km / 1 380 miles); 2) a cloud band bordering the southern through eastern periphery of the vortex/surface low; and 3) a relatively long (two week) life span.

Sun, Earthquake, Cosmic Rays, Floods | S0 News Aug.20.2016

Sunday August 21 2016, 03:45:24 UTC  South Georgia Island Region 6.4

Losing Louisiana: Shocking Images Of Life After A 1000-Year Flood

The Week In Review With A Look Ahead. By Gregory Mannarino

Reading for August 20, 2016 ~ Av 16, 5776
Deut 3:23-7:11 ~ Is 40:1-26 ~ Acts 3-5

Saturday, August 20, 2016: I Plead (Va’ Etchannan)

Typhoon “Mindulle” made landfall near Tateyama on the Boso Peninsula in Chiba prefecture, Japan around 03:30 UTC (12:30 JST) on Monday, August 22, 2016. It had maximum sustained winds of 126 km/h (78.3 mph) and gusts as high as 180 km/h (112 mph) at the time of landfall, the equivalent of a category 1 hurricane on the Saffir-Simpson Hurricane Wind Scale. Mindulle is now heading towards its second landfall, this time near Samani in Hokkaido.

Hachijo Island south of Tokyo and Izu, Shizuoka prefecture measured rainfall of 86 mm (3.4 inches) per hour, a record for August, The Japan Times reported.

The typhoon left at least one person dead and 29 injured. According to the Kanagawa Prefectural Police, a 58-year-old woman in Sagamihara was found clinging to a guardrail on flooded National Route 129 and was swept away by the water. Firefighters were able to rescue the woman who was then taken unconscious to a hospital, however, she died later in the day.

Mindulle hits Tokyo, leaves at least one dead and 29 injured

American is being set up to be destroyed in WW III as a result with the coming war with the BRIC nations along with some very timely and treasonous help from the inside. Further, we have major think tank organizations as well as a prominent CIA front organization publishing data and projections which reinforces all the Agenda 21 claims that have been made for 20 years. Namely, the United States is going to experience a series of major depopulation events as the landscape of this country will change forever as we will be moved into the hellish Agenda 21 projected cities of the future. The data sets that I am presently working on strongly suggests that we are much closer to these realities than many of us would have anticipated.

Deagel Documents Reveal CIA Depopulation Plans for the US

A very strong earthquake registered by the USGS as M6.8 hit Myanmar at 10:34 UTC on August 24, 2016. The agency is reporting a depth of 84.1 km (52.2 miles).

The epicenter was located 25 km (15.5 miles) W of Chauk (population 90 870), 58.8 km (36.5 miles) NNW of Yenangyaung (population 110 553), 69.8 km (43.4 miles) SW of Pakokku (population 126 938), 87.4 km (54.3 miles) NNW of Minbu (population 57 342) and 92.8 km (57.7 miles) NNW of Magway (population 96 954), Myanmar.

There are 3 788 932 people living within 100 km (62 miles). 1 million people are living within 50 km (31 miles).

USGS issued a yellow alert for shaking-related fatalities and economic losses. Some casualties and damage are possible and the impact should be relatively localized. Past yellow alerts have required a local or regional level response.

Estimated economic losses are less than 1% of GDP of Myanmar

Very strong M6.8 earthquake hits Myanmar

8/23/2016 — Large Italy EQ — 2 day warning given – 𝔼𝕒𝕣𝕥𝕙𝕢𝕦𝕒𝕜𝕖𝟛𝔻 𝓵𝓲𝓿𝒆 𝓼𝓽𝓻𝒆𝓪𝓶

http://www.space.com/images/i/000/057/694/original/PR_2016Vic_Aug23ev-3.jpg?interpolation=lanczos-none&downsize=*:1400

On Wednesday evening (Aug. 24) as darkness falls, check out the south-southwest sky to see an eye-catching planetary/stellar lineup consisting of three radiant points of light: two bright planets and one of the brightest and most colorful stars in the sky.Tuesday (Aug. 23) a somewhat less straight — but still striking — line-up of the three will be visible.

The two planets — yellow-orange Mars and yellow-white Saturn — will appear to form a nearly perfect vertical line in the sky with the 15th brightest star, the reddish supergiant Antares.

Interestingly, the name Antares means “rival of Mars.” (“Anti” comes from the Greek word for “against,” and Ares was the ancient Greek god of war, whereas Mars was the Roman war god.) In fact, Mars will pass 1.8 degrees above Antares, and it will shine at a brilliant magnitude of minus 0.4; Antares, by comparison, will shine at magnitude 1.0 (lower magnitudes appear brighter), making Mars more than three times brighter than its rival

However, Mars will appear more of a yellow-orange color, whereas Antares is one of the reddest stars in the sky. So although Mars will appear much brighter, Antares will stand out for its bood-red color. Perhaps that is why the ancient stargazers considered it to be Mars’ rival.

Saturn will be situated 4.2 degrees above Mars — the highest of the three bright objects. In terms of brightness, the ringed planet will play the “middleman” in the trio. At magnitude 0.4, Saturn will shine with only half the luster of Mars, and it will appear almost twice as bright as Antares. Saturn will appear to hover directly above both Mars and Antares; the distance between Saturn and Antares will measure 6 degrees. Your clenched fist measures roughly 10 degrees in width when held at arm’s length, so the length of the Saturn-Mars-Antares lineup will stretch a bit more than half a fist.

Though all three points on the line resemble stars, only Antares will appear to twinkle. It is, after all, just a pinpoint of light from our vantage point. It is hundreds of times larger than our sun, at a distance of 550 light-years (3.3 quadrillion miles, or 5.3 quadrillion kilometers). But it looks like a glowing dot, even in large telescopes, whose light is easily distorted by our churning atmosphere — hence the twinkling effect.

In contrast, Mars is only 79 million miles (127 million km), and Saturn is 916 million miles (1.474 billion km) from Earth on that day; they appear as disks through telescopes, so they very rarely appear to twinkle.

The star and two planets will appear to be aligned perfectly at 6 p.m. EDT (2200 GMT), but at that time, it will still be daytime across much of North America; viewers will have to wait until darkness falls to easily see the line. Mars will be edging slowly away to the east (left); it will be moving much faster than Saturn, and by the time it gets dark along the West Coast, skywatchers there will see a line that is not precisely straight, with Mars a bit more to the east as compared to Saturn and Antares. That should be even more readily apparent on Thursday evening and in the days that follow, as the trio morphs into a slowly widening triangle.

Mars, Saturn and Antares to Line Up in Night Sky This Week: How to See It

A severe earthquake registered by the EMSC as M6.2 hit central Italy at 01:36 UTC on August 24, 2016. The agency is reporting a depth of 4 km (2.48 miles). USGS is reporting M6.2 at a depth of 10 km (6.2 miles). The tremors lasted for about 20-30 seconds, eyewitnesses say. Numerous aftershocks are shaking the region.

As of 17:13 UTC, the death toll has risen to 73. Many people are still believed buried under the rubble, and the death toll is expected to rise.

According to the EMSC, the epicenter was located 14 km (8.6 miles) E of Maltignano (population 2 514), 43 km (26.7 miles) N of L’Aquila (population 68 503), and 109 km (67.7 miles) NE of Roma (population 2 563 241), Italy.

Italy’s civil protection agency said the earthquake was “severe” and that national emergency procedures had been activated.

There are 2 661 034 people living within 100 km (6.2 miles). 1.1 million people are living within 75 km (46.6 miles), 260 000 within 50 km (31.8 miles).

USGS issued orange alert level for shaking-related fatalities. Significant casualties are likely.

A red alert level was issued for economic losses. Extensive damage is probable and the disaster is likely widespread. Estimated economic losses are less than 1% of GDP of Italy. Past events with this alert level have required a national or international level response.

Overall, the population in this region resides in structures that are a mix of vulnerable and earthquake resistant construction. The predominant vulnerable building types are unreinforced brick with mud and mid-rise nonductile concrete frame with infill construction.

Recent earthquakes in this area have caused secondary hazards such as landslides that might have contributed to losses.

EMSC registered 64 aftershocks (M1.6 – 5.5) by 05:31 UTC

Extremely dangerous M6.2 earthquake hits central Italy, massive damage, numerous aftershocks

It has been a tragic day for Italy, where after last night’s M6.2 earthquake, at least 84 people are now confirmed dead, and thousands have been left homeless.

As we reported earlier, the quake struck in the early hours of the morning when most residents were asleep, razing homes and buckling roads in a cluster of communities some 140 km (85 miles) east of Rome. It was powerful enough to be felt in Bologna to the north and Naples to the south, each more than 220 km from the epicenter. A family of four, including two boys aged 8 months and 9 years, were buried when their house in Accumoli imploded.

Prime Minister Matteo Renzi said he would visit the disaster area later in the day: “No one will be left alone, no family, no community, no neighborhood. We must get down to work .. to restore hope to this area which has been so badly hit,” he said in a brief televised address.

A spokeswoman for the civil protection department, Immacolata Postiglione, said the dead were in Amatrice, Accumoli and other villages including Pescara del Tronto and Arquata del Tronto.

As rescue workers carried away the body of the infant, carefully covered by a small blanket, the children’s grandmother blamed God: “He took them all at once,” she wailed

Dramatic Drone Footage Shows Devastation From Italy Quake

Capital Goods Shipments Collapse Most Since 2009 As Durable Goods Orders Bounce In July (Thanks To Revisions)

With Janet Yellen Just Hours Away, Directionless Markets Wait For A Signal

WTF! Because 30 minutes before one of the most important speeches of her career, why not panic-buy stocks and dump all your protection?

VIX Crushed, Stocks Spike – Does Someone Know Something?

SOLAR SECTOR BOUNDARY CROSSING: On Aug. 28th, Earth will cross a fold in the heliospheric current sheet. This “solar sector boundary crossing” could disturb our planet’s magnetic field and spark auroras at high latitudes. NOAA forecasters estimate a 25% chance of G1-class geomagnetic storms. Aurora alerts: text or voice

SUNSET CONJUNCTION: Venus and Jupiter are converging for a beautiful conjunction in the sunset sky. The best place to see it is the southern hemisphere. Helio C. Vital sends this picture from Rio de Janeiro, Brazil:

Shown in the photos are Venus, Jupiter and Mercury forming a triangle in Rio’s evening twilight sky,” says Vital. “Ascending Venus can be seen 3.1° below descending Jupiter as they quickly approach each other, heading for a very close encounter on Aug. 27th.”

http://www.spaceweather.com

At closest approach on Saturday evening, the two worlds will appear only about 1/15th of a degree apart. If you hold a pencil at arm’s length, the eraser would cover both planets at once. Moreover, Venus and Jupiter will easily fit within a telescopic field of view–an amazing sight if you have a backyard telescope.

As easy as this is to see in the southern hemisphere, it will be difficult to see on the other side of the equator. In the northern hemisphere, the planets hug the horizon at sunset, barely visible in the bright orange glow of early twilight. Northerners, monitor the photo gallery to see what you are missing.

FTSE 100 rises as Janet Yellen says case for US rate hike has ‘strengthened’

As we head into her speech, gold is rallying, oil is up, bond yields are tumbling, stocks were panic bid and vol dumped.

And here we go. Here are the key highlights from Yellen’s speech:

YELLEN SAYS RATE-HIKE CASE `HAS STRENGTHENED IN RECENT MONTHS’
YELLEN SAYS ECONOMY NEARING FED’S EMPLOYMENT, INFLATION GOALS
YELLEN: FOMC NOT ACTIVELY CONSIDERING ADDITIONAL TOOLS
YELLEN SAYS GROWTH NOT RAPID BUT ENOUGH TO IMPROVE LABOR MKT
YELLEN SAYS FISCAL POLICY COULD ENHANCE ECONOMIC STABILITY
YELLEN: EXPECTS MODERATE US GDP GROWTH, LBR MKT STRENGTHENING
YELLEN: STILL, OUTLOOK UNCERTAIN, HIKES NOT ON PRESET COURSE
YELLEN: RANGE OF REASONABLY LIKELY OUTCOMES FOR FFR QUITE WIDE
YELLEN: ECON FREQUENTLY BUFFETED BY SHOCKS, RARELY AS PREDICTD
YELLEN: GROWTH ‘SUFFICIENT’ TO GENERATE GAINS IN LABOR MARKET
YELLEN: SUBDUED FGN DEMAND, USD APPREC CONT TO RESTRAIN EXPORT
YELLEN: US ECON ‘CONTINUES TO EXPAND,’ LED BY HHLD SPNDING
YELLEN: US BUSINESS INVESTMENT REMAINS SOFT
YELLEN: FOMC TOOLKIT TO RAISE RATES PROVED EFFECTIVE LAST DEC
YELLEN: ABILITY TO PAY IOER LIKELY TO PLAY KEY ROLE FOR YEARS
YELLEN: SOME ESTIMATES PUT REAL NEUTRAL RATE CLOSE TO ZERO
YELLEN: EXPECT FWD GUID, ASSET PURCHASES REMAIN CRITICAL TOOLS
Here are the key segments:

A Hawkish Yellen Emerges: “The Rate Hike Case Has Strengthened In Recent Months”

In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months.
On the Fed’s policy options, especially potentially selling off its $4 trillion balance sheet.

“Hawkish” Yellen Speech Sparks Buying Spree In Everything (Except Dollars)

The US Dollar is being dumped after Yellen’s apparently ‘hawkish’ speech as the market appears to have latched onto one sentence…”future policymakers may wish to explore the possibility of purchasing a broader range of assets.” Stocks are up, gold is up, bonds are up, oil is up…

Rate hike odds are dropping…

The USD is dumping…

Asset prices are soaring…

As VIX is crushed…

For a big roundtriup in Stocks, bonds, and gold…

Oil Spikes On Antichrist Iran Report Antichrist Saudi Aramco Facilities Hit By Yemen Missiles

While oil is spiking thanks to the dollar’s kneejerk reaction lower following Yellen’s (not really) hawkish speech, another reason for the move higher appears to be an unconfirmed report by Iran’s PressTV that Yemeni forces have fired ballistic missiles at the facilities belonging to the Antichrist Saudi state oil giant Aramco in the Antichrist kingdom’s southwest.

From the report:

The retaliatory attack took place on Friday, hitting targets in Antichrist Saudi Arabia’s Jizan region and causing considerable damage to the Aramco facilities there, Yemen’s al-Masirah television reported.

The Antichrist Saudi military has been pounding Yemen since March last year to undermine Yemen’s Houthi Ansarullah movement and to restore power to the former president, Abd Rabbuh Mansur Hadi, a staunch ally of Riyadh.

Nearly 10,000 people, most of them civilians, have been killed in Riyadh’s military aggression which lacks any international mandate.

Also on Friday, Antichrist Saudi fighters struck residential areas in the Baqim district of the northwestern Yemen province of Sa’ada, killing 11 people.

A day earlier, the fighters had hit a bazaar in the district, killing seven people and injuring 10 others, many of whom are in critical condition.

On Thursday, the UN High Commissioner for Human Rights Zeid Ra’ad Zeid al-Hussein said the Antichrist Saudi military was using cluster bombs against residential areas in Yemen in violation of international law, blaming the Riyadh regime for most of the civilian casualties in its impoverished southern neighbor.

HIstorically, the accuracy of PressTV reports has been spotty at best, so waiting for confirmation may be prudent, although as of this moment algos are buying first and not even bothering to ask questions.

Why The Fed Expects 2018 Rates To Be Between 0% And 4.5%

LMAO!!!

Saturday, August 27, 2016: Consequence (Ekev)

Reading for August 27, 2016 ~ Av 23, 5776
Deut 7:12-11:25 ~ Is 49:14-51:3 ~ Acts 6-7

0 – O^~

We’re Out of Time

In America and throughout the Western world, events that are changing the geopolitical landscape are happening at a pace like no other time in modern history. Given the frenzied pace of ever-changing headlines and dire reports, it cannot be clearer that we’re out of time. The prophetic warnings of the past are unfolding before us.

U.S. Government to Lift Ban on Part-Human, Part-Animal Embryos

The federal government announced plans Thursday to lift a moratorium on funding of controversial experiments that use human stem cells to create animal embryos that are partly human.

The National Institutes of Health is proposing a new policy to permit scientists to get federal money to make embryos, known as chimeras, under certain carefully monitored conditions.

The NIH imposed a moratorium on funding these experiments in September because they could raise ethical concerns.

One issue is that scientists might inadvertently create animals that have partly human brains, endowing them with some semblance of human consciousness or human thinking abilities. Another is that they could develop into animals with human sperm and eggs and breed, producing human embryos or fetuses inside animals or hybrid creatures.

But scientists have argued that they could take steps to prevent those outcomes and that the embryos provide invaluable tools for medical research.

For example, scientists hope to use the embryos to create animal models of human diseases, which could lead to new ways to prevent and treat illnesses. Researchers also hope to produce sheep, pigs and cows with human hearts, kidneys, livers, pancreases and possibly other organs that could be used for transplants.

In addition, the NIH would even consider experiments that could create animals with human sperm and human eggs since they may be useful for studying human development and infertility. But in that case steps would have to be taken to prevent the animals from breeding.

Several scientists said they are thrilled by the new policy. “It’s very, very welcome news that NIH will consider funding this type of research,” says Pablo Ross, a developmental biologist at the University of California, Davis, trying to grow human organs in farm animals. “We need funding to be able to answer some very important questions.”

But critics denounced the decision. “Science fiction writers might have imagined worlds like this — like The Island of Dr. Moreau, Brave New World, Frankenstein,” says Stuart Newman, a biologist at New York Medical College. “They’ve been speculations. But now they’re becoming more real. And I think that we just can’t say that since it’s possible then let’s do it.”

the centralization of banking under this system would also create a Leviathan with the power to monitor and control the personal finances of every citizen in the country. (and allow for the Antichrist 666 Mark Of The Beast power to rule everywhere on Earth the same way) This is one of the chief reasons why many are loath to give up on hard currency. With digital money, the Antichrist NWO 666 government beast could view any financial transaction and obtain a flow of information about personal spending that could be used against an individual in a whole host of scenarios. In other words, it would be virtually impossible to hide money under your mattress. But creating and respecting privacy firewalls and rethinking legal-tender laws could mitigate the dangers of monopoly and stifled competition in currency markets.

Implementation would probably create the toughest problems. Today bitcoin and other digital currencies are mostly used by relatively affluent men between the ages of 19 and 44. Not all citizens would be comfortable switching to a virtual currency, and the poor and computer-illiterate would be most vulnerable to being left behind. To accommodate these users, the U.S. Mint could place a digital token in each newly issued dollar bill, with a cryptographic key embedded in a hologram to enable digital tracking on the central bank’s blockchain. Such physical manifestations of digital currency already exist in the bitcoin market and would allow individuals to participate in a scheme of digital currency without having to change their behavior.

However, a transition to digital currency might come at a large cost for the U.S. in particular, because the dollar remains the world’s de facto reserve currency. The U.S. collects enormous seigniorage revenue that accrues to the economy when the Federal Reserve prints dollars that are exported abroad in exchange for foreign goods and services. These bank notes ultimately end up in countries with less reliable central banks where locals prefer to hold U.S. currency instead of their own. Forfeiting this franchise as the world’s reserve currency might be too costly, as the U.S. currency held abroad exceeds half a trillion dollars, according to reliable estimates. Unless it is prepared to take deposits from people all over the world who are looking for safe havens, the Fed might sit on the sidelines and watch other countries take the lead in replacing their physical money with digital.

Despite its shortcomings, would this system make sense for the U.S.? With less physical currency being used every year, the Federal Reserve would be negligent not to consider the possibilities. The march of digital commerce may eventually make the benefits seem overwhelming, and it would be wise to be ahead of the game rather than trying to catch up at the last minute.

Preparing For The Prophetic  666 Antichrist Mark Of The Beast World Without Cash

So, while carefully worded, it seems the authors recognize that digital dollars are an asset only to heightened Federal government tyranny… and yet believe this idea should be pursued?

At the rate that American taxpayer cash is heading to Tehran, perhaps a shift to a digital currency does make sense?

BofA: “45% Of The Global Bond Market Is Now Compromised By Central Bank Buying”

In a recent Yahoo Finance article (h/t Nick Webb), Richard (Baal Gate) Bernstein attempts the latest rationalization of rising P/E multiples.

“There is an old investment rule-of-thumb called the Rule of 20 that uses combinations of headline inflation and the S&P 500 P/E to determine fair value,” (Bohemian Grove)Bernstein said. “Our valuation models are, of course, more elaborate than the simple (Cremation Of Care Ritual) Rule of 20, but based on a more rigorous analysis of inflation and P/E ratios, the current equity market appears, at worse, to be fairly valued. Investors forget that inflation was increasing leading up to the 2008 bear market. In fact, the CPI, which is a lagging indicator, peaked at 5.6% in July 2008. Today’s headline inflation is 1.0%.”

(Bilderberg)Bernstein’s suggestion is that the market “appears, at worst, to be fairly valued” when one does a “more rigorous analysis of inflation and P/E ratios”. So I’ve gone ahead and done a more rigorous analysis of inflation and P/E ratios

What we find is that Bernstein is telling, well, a half truth, which is better than most market analysts these days. Specifically we find a strong inverse correlation between inflation (blue line) and P/E (red line) and this supports Bernstein’s proposition that periods of low inflation support higher P/E multiples. However, in 2000 we see P/E break through a 120 year ceiling on the long term P/E trend despite having far lower historic inflation values over that period than we find today.

This suggests that while inflation is playing some part of today’s near record valuations the P/E is still approximately 28% above where it should be after taking inflation into account. And so then we need to be a bit more rigorous than was Mr. Bernstein if really understanding today’s multiples is truly the goal.

In order to fully understand the rising P/E multiple phenomenon let’s first review some basics. What does P/E imply to the investor? Well in a very basic way, that if earnings growth = 0% then the P/E multiple is the number of years to breakeven on the investment. As growth increases the breakeven becomes something less than the P/E multiple. And so an investor, given some growth expectation, can decide what multiple he/she is willing to pay based on how quickly they need to breakeven and begin generating some positive return.

What Bernstein is suggesting is that P/E valuations are not just a function of growth but are also a function of cost, namely from his perspective, inflation. When costs are low, everything else equal, returns will be better is the thesis. And this is where his hypothesis falls short. First, everything else is not equal. Second, he leaves out a few costs.

He rightly incorporates a cost function to P/E but he mistakenly limits costs to inflation. In order to understand the excess 28% P/E premium beyond what can be explained by inflation we need to look to interest and opportunity costs. What we find is that these two costs too are historically low. And so one might assume that because the overall cost structure of investments has moved to record lows, we can pay a P/E premium for assets given the low costs should produce higher returns.

But, and this is a big ‘but’, we cannot leave the analysis there. Remember risk is a cost. So let’s look at risk. Currently we have record debt levels throughout both the public and private (enterprise and households) sectors and that equates to record leverage risk (don’t forget market cap is very fluid while debt obligation is very rigid – meaning those debt obligation to equity multiples may not be what they appear to be…). So we have elevated leverage risk throughout the system.

Risk is also a function of growth. Today we have historically low growth on both the macro and micro levels. We rarely think of growth this way but growth has an inverse relationship to risk. That is, when growth is robust risk is subdued as robust growth can offset bumps in the road. Low growth economic environments generally mean payout ratios are high (and thus excess cash is low) and so even small hiccups can have a material negative impact. In a sense we are walking very close to the edge.

And we have also created a tremendous amount of systemic risk in the overall system due to the record low opportunity costs (directly and indirectly due to Central Bank policy). As mentioned above low costs should imply higher returns. However, when opportunity costs are so low (meaning there are very few alternative investments generating required rates of return) that investments get further and further concentrated we begin to build a great deal of systemic risk.

Think about a large body of water that maintains a large ecosystem. As that water dries up and the pool gets smaller and smaller more and more creatures are being supported by that shrinking pool. Assets are the same. As the landscape for investment opportunities begin to disappear (the existence of negative rates imply broader risk adjusted positive return opportunities do not exist) more and more investors are forced into the same pool of assets that are still providing positive returns.

And this means a very large proportion of total asset value is totally dependent on this very small and shrinking pool of assets. In a market, such asset scarcity leads us to the record valuations (e.g. record P/E’s), via increasing equity demand but shrinking supply as corporations reduce outstanding shares through buybacks. The result is that upside becomes very limited while the downside potential becomes very robust.

It might be useful to have a look at a recent real world example. Mondelez (MDLZ) recently bid a 30x P/E for Hershey (HSY). Given HSY has an earnings growth of around 2% (that’s being generous), it will take 23 years for MDLZ to break even (even if they triple growth to 6% it’s still a 17 year breakeven). Now using the long term SP 500 average P/E of 15 and the long term earnings median growth rate of 11.5% we find the average breakeven is about 8 years.

And so we see the effect of a shrinking landscape of investment opportunities. Specifically returns are lower (23 yr break even vs 8 year break even), not higher as the low inflation and interest costs would predict. So while purchasing power parity (i.e. low inflation) solves some of the record valuation conundrum, 28% of the historical overvaluation appears to be a function of investment concentration and that means lower not higher expected returns. For a money manager to suggest that doesn’t create significant risk I believe is foolish, if not negligent.

This is all a direct result of the ignorant economic policies, both monetary and fiscal, that have been implemented over the past few decades. Deteriorating incomes, household balance sheets and breadwinner jobs and slowing population growth rates have resulted in severe demand deterioration. Expansion of consumer credit and government transfers have peaked and with no income growth there is then very little companies can do to expand the top line.

Record P/Es & A “Too Big To Fail” Market Explained

The data is very clear that revenues are declining across the spectrum and this is a definite canary. We’ve managed to expand EPS for several years by way of economic cannibalism (contracting operations and financial engineering) but this too is coming to an end. There is simply less and less fat to cut and capital to reallocate and as all firms cut what’s left it becomes a death spiral for demand as consumers are forced out of good paying jobs and into min wage, temp and part time work on a macro scale.

So let’s wrap this up. Is Bernstein correct about P/E levels and inflation? Well he’s half right. Sure low costs, everything else equal, will support higher valuations as they imply higher returns. However, the structural economic problems of stalled incomes, peaked debt and welfare make operational expansion i.e. sustainable growth extremely difficult, which has led to investment concentration in secondary equity markets. And that means the higher valuations simply represent higher risks.

The offshoot is that as such a large concentration of total asset value is dependent on the market, it becomes necessary to maintain the market at all costs. The market has become too systemically important to allow it to fail. And that means policymakers have changed the function of the market. The market left to its own devices is a consequence of the underlying economy. Today, however, the market is being used as a (false) portrayal of the underlying economy. It is intentionally using the logical fallacy of confusing cause and effect.

That is, the thermostat is no longer meant to reflect the temperature inside the house, its only use is to convince you the house is warm. That means policies are being targeted at manipulating the thermostat rather than keeping the furnace hot. The consequence is a spiraling of resource misallocation, furthering the structural breakdown of economic activity making it ever more important to keep the market looking strong. The market is no longer a market as we understand the term.

Revelation 12

And the great dragon was thrown down, the age-old serpent who is called the [d]devil and Satan, he who continually deceives and seduces the entire inhabited world; he was thrown down to the earth, and his angels were thrown down with him.

Making the situation even more shocking is that FBI officials have known the identities of Antichrist ISIS’s targets for quite awhile, ever since the hit lists began frequently emerging earlier this year. Between March and May, Antichrist ISIS hacking groups released no less than eight kill lists. Four days prior to the shooting at the Pulse nightclub in Orlando, a further 8,300 names wanted by the radical Antichrist Islamic group were exposed.

Though the bureau said they intended to notify all US citizens facing Antichrist ISIS threats, and planned to work with local police departments to do so, all too many could-be victims were left in the dark, unaware of their perilous situation.

After obtaining copies of some of the lists, Circa News decided to investigate just how many people had yet to be notified. The news agency made some sample calls to people throughout the country to inform them of their victimhood and then proceeded to ask if they were even aware of their role under the terror group’s watchful eye.

In a group of 24 Texans Circa telephoned, a whopping 22 of them had received no prior information their lives might be in jeopardy. Upon receiving the frightening news from Circa, one Jewish woman living in Austin told the online news agency, “I’m very upset that I was not notified by the FBI or local law enforcement…We live in a different world and the Jewish community is a number one target of these radicals.”

FBeye Of wHOres R U.S. Didn’t Inform Many Americans They Were On Secret Antichrist ISIS Kill List

In some instances, the crucial information never left the FBI offices, leaving even police departments uninformed. Police spokesman Chris Hooper of Corpus Christi, Texas had no idea one of its citizens was on the Antichrist ISIS hit list until Circa’s call. “We were not contacted by the Army or the FBI referencing the threat to [one of] our citizen[s],” Christi said.

Others, meanwhile, were told their lives might be in danger but were given no further details. “The army didn’t give me any detailed information. I didn’t even get advice on how to protect myself,” said Amelia, an army wife who asked Circa to use a pseudonym during her interview to protect her identity. “I had no idea I was on an Antichrist ISIS hit list until you called me,” she said, referring to a telephone call Circa made to her residence earlier in June.

The FBI didn’t voice alarm at the prospect that dozens of people were uninformed of their predicament, and even seemed confident that the fact that no one on the list has actually been attacked has boded well. But that’s cold comfort for those now living in fear they might be the next victim of Antichrist ISIS terror.

Neglecting to admit their blunder, the bureau said, “The FBI routinely notifies individuals and organizations of potential threat information. We perform these notifications so potential victims are aware of possible threats and take appropriate steps.”

Said Amelia in response to the FBI’s lack of effort to inform her of the credible threat to her life: “If we don’t have that ability to count on the government to [protect us], then they need to share the information with us so that we can protect ourselves,” she told Circa.

The vast group of people Antichrist ISIS is targeting isn’t limited to military personnel and their families. Anyone from college professors, to art collectors, to simple homemakers can be a victim of the terror group.

To find out if you are on one of the Antichrist ISIS hit lists obtained by Circa News, click here.

Signs That Martial Law May Soon be Coming to America & Prepare Now or Never: For the first time in American history, a sitting president has just signed an executive order authorizing US military to use violence to kill US citizens.

Pentagon spokesman, retired Admiral John Kirby, refused to even answer questions asked by the RT network correspondent. She raised the question of a US coalition formula that allows for a certain number of innocent deaths based on perceived value of an enemy target. Another State Department rep had previously confirmed the existence of such a coldhearted calculation that debases human life to a mathematical kill ratio formula. But that’s how the psychopathic US Empire has always operated in war, totaling up to 30 million innocent lost lives sacrificed since WWII by the US killing machine. And the remote desensitized aspect of a drone operator sitting comfortably in a darkened, air conditioned office half a world away from the killing fields somehow takes on the flavor of a video game, and offers a “cleaner,” more acceptable detachment from one’s conscience. And its creepy stealth resonates so well with our commander-in-chief that it’s his favorite brand of modern warfare.

Obozo’s July 1st signed drone policy revision appears to be nothing more than his readymade-to-order answer to rebuff the growing criticism directed against his failed, highly immoral and illegal drone strike policy. Estimates range from 90% to over 96% of those killed by Obozo’s drone attacks are innocent civilians.

From 2009 through 2015, the boldface liar in the White House admits his drones have killed just 64-116 civilians whereas other, more honest estimates range anywhere from 200 to 1000 innocent people murdered. Comparing Obozo’s fixation for loss of life due to mass shootings that he wants so desperately to confiscate all guns in America to prevent, only 168 gunshot victims in contrast with over 1000 of his drone victims, that’s more than 500% more. His phony, selective compassion and crocodile tears for his staged false flags will never remove the blood on his hands.

http://www.infowars.com/homeland-security-to-silicon-valley-we-need-drones/ 

For more than a decade, professional snoops have been able to search troves of public and nonpublic records—known addresses, DMV records, photographs of a person’s car—and condense them into comprehensive reports costing as little as $10. Now they can combine that information with the kinds of things marketers know about you, such as which politicians you donate to, what you spend on groceries, and whether it’s weird that you ate in last night, to create a portrait of your life and predict your behavior.

This Company Has Built a Profile on Every American Adult
Every move you make. Every click you take. Every game you play. Every place you stay. They’ll be watching you.

IDI, a year-old company in the so-called data-fusion business, is the first to centralize and weaponize all that information for its customers. The Boca Raton, Fla., company’s database service, idiCORE, combines public records with purchasing, demographic, and behavioral data. Chief Executive Officer Derek Dubner says the system isn’t waiting for requests from clients—it’s already built a profile on every American adult, including young people who wouldn’t be swept up in conventional databases, which only index transactions. “We have data on that 21-year-old who’s living at home with mom and dad,” he says.
Dubner declined to provide a demo of idiCORE or furnish the company’s report on me. But he says these personal profiles include all known addresses, phone numbers, and e-mail addresses; every piece of property ever bought or sold, plus related mortgages; past and present vehicles owned; criminal citations, from speeding tickets on up; voter registration; hunting permits; and names and phone numbers of neighbors. The reports also include photos of cars taken by private companies using automated license plate readers—billions of snapshots tagged with GPS coordinates and time stamps to help PIs surveil people or bust alibis.

IDI also runs two coupon websites, allamericansavings.com and samplesandsavings.com, that collect purchasing and behavioral data. When I signed up for the latter, I was asked for my e-mail address, birthday, and home address, information that could easily link me with my idiCORE profile. The site also asked if I suffered from arthritis, asthma, diabetes, or depression, ostensibly to help tailor its discounts.
Users and industry analysts say the addition of purchasing and behavioral data to conventional data fusion outmatches rival systems in terms of capabilities—and creepiness. “The cloud never forgets, and imperfect pictures of you composed from your data profile are carefully filled in over time,” says Roger Kay, president of Endpoint Technologies Associates, a consulting firm. “We’re like bugs in amber, completely trapped in the web of our own data.”

The Bilderberg group will coalesce in the Austrian Mountains at the Interalpen Hotel. How many of these instigators of widespread tyranny will be discussing their million dollar safe bunkers between meetings? As they plan to hide like moles while their hellish plans are unleashed on the gullible masses.

A decade ago, safe rooms would only have been of interest to A-list celebrities who wanted to protect against stalkers, but they are now becoming popular with elites who wish to guard against potential civil unrest which could cause crime rates to skyrocket in the aftermath of an economic collapse.
POPE WARNS THE WORLD – Pope Francis Warns Global Atmosphere Could Lead To End Times. Many conflicts across the planet amount to “a kind of being fought piecemeal and, in the context of global communications, we sense an atmosphere of war,”

PUTIN warns U.S. about the NEW WORLD ORDER 2016!! All need to see this!! Elites Plan to Crash World Economy

Antichrist NWO 666 Bibi Netanyahu rejects Obozo’s assertion that Antichrist Israel now supports Antichrist Iran accord

PM politely says Israel’s position on nuke deal unchanged; Defense Ministry bitterly compares it to Munich Agreement with the Nazis

Antichrist Iran executes nuclear scientist who had ‘defected’ to US

According to some reports, his family was harassed and tortured in a bid to force him to return to Antichrist Iran, which he did in 2010 to a hero’s welcome, before disappearing again.

It later became clear that he had been arrested and given a long prison sentence. He was reportedly held under very difficult conditions.

Several weeks after the US government finally released a redacted version of the secret “28 pages”, which confirmed Saudi Arabia’s key role behind the September 11 attack, even as both the Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown administration and Antichrist NWO 666 Saudi Arabia claimed no such connection exists (when it clearly did for anyone who actually read the disclosure), a trail has now emerged linking the recent surge in deadly terrorist attacks in NEO Socialist  EU Germany to Antichrist Saudi Arabia.

According to Der Spiegel, both the terrorist from the Wurzburg train axe attack, and the Ansbach suicide bomber who blew up an explosive-filled backpack, had multiple chat contacts with persons in Antichrist Saudi Arabia.

As a result, Reuters adds, Antichrist Saudi authorities are now in contact with their German colleagues, responding to these potentially explosive new findings which once again implicate the Antichrist Saudi state with more state-sponsored terrirms, and show at least two attackers were in close contact via a chat conversation with possible Antichrist Islamic State backers from Antichrist Saudi Arabia. Traces of the chat, which investigators have been able to reconstruct, indicate that both men were not only influenced by but also took instructions from people, as yet unidentified, up until the attacks, the report said.

It may not come as a surprise that the state exposed as facilitating and coordinating the September 11 terrorist attack, and which admitted to have created the Antichrist Islamic States (with US knowledge), is now trying to provoke a terrorist backlash in Europe too. Recall that after the Iraqi city of Mosul fell to a lightning Isis offensive in 2014, the late Antichrist Muslim Prince Saud al-Faisal, then the Antichrist Saudi foreign minister when speaking to Skull&Bones John Kerry admitted that “Daesh [Isis] is our [Sunni] response to your support for the Da’wa” — the Tehran-aligned Shia Islamist Antichrist ruling party of Iraq.

One can only speculate what Antichrist Saudi Arabia is “responding” to with the recent surge in European terrorist attacks. For now, however, the all too “generous” Saudi government has “offered to help German investigators find those behind Antichrist Islamist bomb and ax attacks in July”, Spiegel adds. We can only imagine how accurate Antichrist Saudi “findings” will be, especially if – like in the case of Sept 11 – those involved include members from the very top of Antichrist Saudi power echelons.

What is just as notable is how aggressive the attempt has been by the Antichrist Islamic State to take all responsibility, deflecting any attention from Antichrist Saudi Arabia which may soon emerge as the mastermind not only behind German terrorist attacks, but those in France and Belgium too. As a reminder, the Antichrist Islamic State group promptly claimed responsibility for both the Wuerzburg attack, the Ansbach suicide bombing, and most other European terrorism in the past 12 months.

Bavaria’s Interior Minister said at the end of July that the Ansbach bomber had been “significantly influenced” in a chat conversation on his mobile phone that ended just before the attack.

First Sept 11, Now Antichrist NWO 666 Saudi Arabia Linked To German Terrorst Attacks.

Now if only we could get a glimpse of the “chat conversations” between Hillary 911 Clinton and her biggest foreign state supporter, Antichrist NWO 666 Goldless Nixon Petro Dollar Saudi Arabia, which as is now known, has given between $10 million and $25 million to the 911 Clinton foundation. Although we have a suspicion those particular chats will be deleted.

Call it conspiracy theory, coincidence or just bad luck, but any time someone is in a position to bring down Hillary 911 Clinton they wind up dead.

Deceased FBI Agent Found At Trump Tower With Silenced Pistol

In fact, as we noted previously, there’s a long history of 911 Clinton-related body counts, with scores of people dying under mysterious circumstances. While Vince Foster remains the most infamous, the body count is starting to build ominously this election cycle – from the mysterious “crushing his own throat” death of a UN official to the latest death of an attorney who served the DNC with a fraud suit.

As GatewayPundit’s Jim Hoft reports, on July 3, 2016, Shawn Lucas and filmmaker Ricardo Villaba served the DNC Services Corp. and Chairperson Debbie Wasserman Schultz at DNC’s headquarters in Washington, D.C., in the fraud class action suit against the Democrat Party on behalf of Bernie Sanders supporters (this was before Wikileaks released documents proving the DNC was working against the Sanders campaign during the 2016 primary).

Shawn Lucas was thrilled about serving the papers to the DNC before Independence Day…

Lead Attorney In Anti-Clinton DNC Fraud Case Mysteriously Found Dead

According to Snopes Lucas was found dead on his bathroom floor.

We contacted Lucas’ employer on 4 August 2016 to ask whether there was any truth to the rumor.

According to an individual with whom we spoke at that company, Shawn Lucas died on 2 August 2016. The audibly and understandably shaken employee stated that interest in the circumstances of Lucas’ death had prompted a number of phone calls and other queries, but the company had not yet ascertained any details about Lucas’ cause of death and were unable to confirm anything more than the fact he had passed away.

An unconfirmed report holds that Lucas was found lying on the bathroom floor by his girlfriend when she returned home on the evening of 2 August 2016. Paramedics responding to her 911 call found no signs of life.

This follows the death of 27 year-old Democratic staffer Seth Conrad Rich who was murdered in Washington DC on July 8. The killer or killers appear to have taken nothing from their victim, leaving behind his wallet, watch and phone.

Shortly after the killing, Redditors and social media users were pursuing a “lead” saying that Rich was en route to the FBI the morning of his murder, apparently intending to speak to special agents about an “ongoing court case” possibly involving the 911 Clinton family.

So, to summarize, courtesy of Janet Tavakoli, the 911 Clinton related body count so far this election cycle: Five in just under six weeks – four convenient deaths plus one suicide…

1) Shawn Lucas, Sanders supporter who served papers to DNC on the Fraud Case (DOD August 2, 2016)

2) Victor Thorn, Clinton author (and Holocaust denier, probably the least credible on this list) shot himself in an apparent suicide. Conspiracy theorists at Mystery Writers of America said some guys will do anything to sell books. (DOD August, 2016)

3) Seth Conrad Rich, Democratic staffer, aged 27, apparently on his way to speak to the FBI about a case possibly involving the 911 Clintons. The D.C. murder was not a robbery. (DOD July 8, 2016)

4) John Ashe, UN official who allegedly crushed his own throat while lifting weights, because he watched too many James Bond films and wanted to try the move where the bad guy tries to…oh, never mind. “He was scheduled to testify against the 911 Clintons and the Democrat Party.” (DOD June 22, 2016)

5) Mike Flynn, the Big Government Editor for Breitbart News. Mike Flynn’s final article was published the day he died, “911 Clinton Cash: Bill, Hillary Created Their Own Chinese Foundation in 2014.” (DOD June 23, 2016)

It must be coincidence, right?

If former Secret Service agent Gary Byrne is to be believed, this is business as usual for the 911 Clintons. Excerpt via Zero Hedge:

BYRNE: I feel so strongly that people need to know the real Hillary 911 Clinton and how dangerous she is in her behavior. She is not a leader. She is not a leader.

SEAN: She does not have the temperament?

BYRNE: She doesn’t have the temperament. She didn’t have the temperament to handle the social office when she was First Lady, she does not have the temperament.

SEAN: She’s dishonest.

BYRNE: She’s dishonest, she habitually lies, anybody that can separate themselves from their politics and review her behavior over the past 15 years…

Author, Patriot and Founder of SurvivalBlog.com James Wesley Rawles returns to SGT Report to discuss current events, including the 911 Clinton crime family, the fragile state of the global economy and the coming hyperinflationary collapse of fiat currencies around the world. James says, it’s time to prepare with “tangibles, tangibles, tangibles.”

It’s Time To Prepare For Hyperinflationary Collapse — James Wesley Rawles

And so, once again, the biggest winners from Brexit are the “1%” holders of financial assets, as rates on deposits which matter to the rest of the population, were just cut in half.

Pound Plummets, Gilt Yields Crash To All Time Low After Uberdovish “Kitchen Sink” BOE Announcement

As expected, the Bank of England unanimously cut rates for the first time since the financial crisis by 25 bps to a record low 0.25%.

Stocks Soar To Record Highs Thanks To Biggest Seasonal Jobs Adjustment In A Decade

Canada’s unemployment is rising as more people find it difficult to find a job. US jobs reports shows the unemployment in America is fully recovered and the US government is getting ready to bring the unemployment down for the elections. The job number are manipulated and Obozocare was used to manipulate the job numbers. The Atlanta Fed estimated the GDP at 3.8 and the NY Fed estimated the GDP at 2.6.

The Job Numbers Are Not What You Think, The Economy Accelerates To The Downside – Episode 1041a 

BofA’s Michael Hartnett points out something amusing, not to mention diabolical: following the rate cuts by the BoE & RBA this week, “global central banks have now cut rates 666 times since Lehman.”

One would think this attempt by central banks to push everyone into risk assets, certainly the Swiss National Bank which as we showed yesterday has increased its US equity holdings by 50% in the first half of 2016 …

… would favor flows into equities over bonds, however that is not the case at all. According to Hartnett, extreme monetary policy has proven “more positive for bonds ($1.0tn inflows since LEH) than stocks ($375bn inflows).” An explanation for this decoupling has been provided here in the past and it is quite simple: central banks (except the SNB and BOJ) are formally limited to monetizing debt. As such investors would rather not take the risk of buying the asset class which they can not see to the Fed, ECB or BOE, namely stocks, and instead are frontrunning central bank purchases directly.

Narrowing the fund flow time interval, BofA shows something else surprising: in the most recent week, global fund flows have continue to leave stocks and enter bond and precious metal funds:

Equities: $4.6bn outflows (3 straight weeks) (note divergence between $2.1bn ETF inflows & $6.8bn mutual fund outflows)

Bonds: big $10.2bn inflows (largest since Feb’15) (inflows in 16 of past 18 weeks)
Precious metals: $1.8bn inflows (inflows in 9 of past 10 weeks)
Indeed, as BofA dubs this move, these are “Risk-off weekly flows:”

BoJ, BoE, RBA easing…big bond inflows ($10.2bn), big gold inflows ($1.8bn) versus equity outflows ($4.6bn)

And yet the S&P is now trading at new all time highs? Luckily, there are such official “activist” institutions as the SNB and GPIF who are willing buyers for every stock seller with the added benefit that they have no concerns about the cost of purchase is irrelevant. After all, they can always just “print” more dry powder.

Hartnett then summarizes the rest of the macro themse and fund flows observations as follows:

Rotation to EM: despite oil/commodity pullback, lust for yield = more inflows to EM…largest 5-week inflow on record to EM debt funds ($16.6bn)…longest inflow streak to EM equity funds in two years; contrarian would take profits in EM debt…note EM debt the big flow winner YTD, inflows annualizing 13% of AUM.

IG over HY: BoE £60bn QE announcement includes £10bn corporate bond buying…coincided with largest IG bond fund inflows since Oct’14 ($9.2bn); in stark contrast to $3.3bn outflows from HY bond funds; contrarians would take some IG profits; both IG & HY trading close to all-time highs

Flow fashion: tax-exempt (46 straight weeks of muni inflows) & inflation-hedged (8 straight weeks of TIPS inflows) assets in vogue (as is “yield” of IG, EM); banks out of vogue (26 straight weeks of outflows from European equity funds)

Private client ETF flows: GWIM continues to accumulate barbell of deflationary assets (low-vol, high-quality, utility stocks) and inflationary assets (gold, EM, TIPS); they remain sellers of Eurozone & Japanese equities

July payroll: consensus =180k; strong payroll (>225K) = banks outperform bonds & quality stocks; weak payroll (<125k) = barbell back in vogue, cyclicals sink; release important as it helps solve recent puzzle of strong payrolls & weak profits

Since strong June payroll: sector leadership has shifted from defensive, high-dividend yielding bond proxies to financials/tech/EM (Chart 4); key to continued rotation from bond proxies to economic sensitivity is simple: investors must believe bond yield lows have been seen driven by macro data to induce EPS & GDP upgrades, show Fed not “one & done”, bolster belief that new regime shift to fiscal-monetary coordination in Japan/Eurozone/UK will boost corporate animal spirits.

666: The Number Of Rate Cuts Since Lehman

As of right now, this “shift” is working, but should the dollar rise up too much as it did last summer, the circularity of what brought down stocks in the latter part of 2015, namely a global dollar funding shortage, will promptly reemerage, dragging us back to square one, and not only rate cut # 667, but even more easing.

Five Charts: Confirm Or Question Bullish Push Higher?

Our readers should have little doubt at this point about our view on the integrity of wall street and equity markets. In fact, we just spoke yesterday about all the little accounting games that companies play to “beat” earnings estimates in a post entitled “Mind The “GAAP” (Or How The Game Is Really ‘Rigged’).”

Rigged Game: Ever Wonder How Wall Street Analysts Are So Good At Forecasting? Hint, It’s Not Their Excel Skills

The bottom line is that the game is rigged and retail investors are the losers. We fail to understand how companies can consistently work within the confines of the law yet still “manage” analysts’ estimates to within fractions of a percent of a company’s actual quarterly results. How is it possible that a call with investor relations of AT&T convinces an analyst to take down quarterly revenue estimates by $1BN (a reduction that puts the revised “forecast” within a small fraction of actual results) yet the contents of that call are not “material” under SEC guidelines? Why do investment banks and their clients deserve better access to management teams and information? Why can’t all management presentations at conferences be open to the public? Why do wall street investors spend $1,000’s of dollars attending investment bank conferences at remote beach destinations if they’re not receiving something they deem valuable in return?

BOE Cuts By 25 bps To Record Low 0.25%, Boosts QE By £60 BN Including Corporate Bonds; Gilt Yields Crash

However in a somewhat surprising move, the BOE also expand its QE by £60 billiion to £435 billion in a 6-3 vote, of which up to £10 billion will be in the form of corporate bond purchases, as we previewed last night. Overall a very dovish decision, with Mark Carney providing more monetary stimulus than many had expected, sending sterling plunging and the FTSE100 surging.

Global Trade Is Not Growing Slowly… It’s Not Growing At All!

Retail spending in Australia slows. Initial jobless claims rise as Challenger Gray and Christmas report more layoffs. Millennials are now living paycheck to paycheck. Class 8 trucking declines and at the same time factory order decline for 20 consecutive months. Brits are now taking their currency out of the banks and hiding it under the mattress. The people in Venezuela are now killing zoo animals for food.

Factory Orders And Trucking Have Imploded, Recovery, I Think Not – Episode 1040a

Real estate deals are collapsing in Vancouver, as more people back out of deals. ADP job reports shows construction jobs have declined. Office Depot, Kate Spade and others are reporting losses during this incredible recovery. Auto sales decline for the month of July, the only reason auto sales had a boost was because of fleet sales and government sales. Service sectors declines and Q3 does not look good. Mortgage apps fall again, and real estate companies are preparing for losses. The European banks did not do well in the stress tests and their stocks are dropping.

Get Prepared The Economic Indicators Are Declining Rapidly – Episode 1039a

 

Venezuela In chaos With Work Camps and 1000% Inflation – Coming Soon To The West?

In our household, we measure inflation with the “Burrito Index”: How much has the cost of a regular burrito at our favorite taco truck gone up?

Since we keep detailed records of expenses (a necessity if you’re a self-employed free-lance writer), I can track the real-world inflation of the Burrito Index with great accuracy: the cost of a regular burrito from our local taco truck has gone up from $2.50 in 2001 to $5 in 2010 to $6.50 in 2016.

That’s a $160% increase since 2001; 15 years in which the official inflation rate reports that what $1 bought in 2001 can supposedly be bought with $1.35 today.

If the Burrito Index had tracked official inflation, the burrito at our truck should cost $3.38—up only 35% from 2001. Compare that to today’s actual cost of $6.50—almost double what it “should cost” according to official inflation calculations.

Since 2001, the real-world burrito index is 4.5 times greater than the official rate of inflation—not a trivial difference.

Between 2010 and now, the Burrito Index has logged a 30% increase, more than triple the officially registered 10% drop in purchasing power over the same time.

Those interested can check the official inflation rate (going back to 1913) with the BLS Inflation calculator by clicking here.

My Burrito Index is a rough-and-ready index of real-world inflation. To insure its measure isn’t an outlying aberration, we also need to track the real-world costs of big-ticket items such as college tuition and healthcare insurance, as well as local government-provided services. When we do, we observe results of similar magnitude.

The takeaway? Our money is losing its purchasing power much faster than the government would like us to believe.

Comparing Burritos to Burritos: A Staggering Divergence of Reality and Official Inflation
According to official statistics, inflation has reduced the purchasing power of the dollar by a mere 6% since 2011: barely above 1% a year. We’ve supposedly seen our purchasing power decline by 27% in the 12 years since 2004—an average rate of 2.25% per year.

But our real-world experience tells us the official inflation rate doesn’t reflect the actual cost increases of everything from burritos to healthcare.

The cost of a regular taco was $1.25 in 2010. By official standards, it should cost a dime more. Oops—it’s now $2 each, a 60% increase, six times the official rate.

The cost of a Vietnamese-style sandwich (banh mi) at our favorite Chinatown deli has jumped from $1.50 in 2001 to $2 in 2004 to $3.50 in 2016. That $1.50 increase since 2004 is a 75% jump, roughly triple the official 27% reduction in purchasing power.

So let’s play Devil’s Advocate and suggest that these extraordinary increases are limited to “food purchased away from home,” to use the official jargon for meals purchased at fast-food joints, delis, cafes, microbreweries and restaurants.

Well, how about public university tuition? That’s not something you buy every week like a burrito. Getting out our calculator, we find that the cost for four years of tuition and fees at a public university will set you back about 8,600 burritos. Throw in books (assume the student lives at home, so no on-campus dorm room or food expenses) and other college expenses and you’re up to 10,000 burritos, or $65,000 for the four years at a public university.

University of California at Davis:

2004 in-state tuition $5,684
2015 in state tuition $13,951

That’s an increase of 145% in a time span in which official inflation says tuition in 2015 should have cost 25% more than it did in 2004, i.e. $7,105. Oops—the real world costs are basically double official inflation—a difference of about $30,000 per four-year bachelor’s degree per student.

Here’s my alma mater (and no, you can’t get a degree in surfing, sorry):

University of Hawaii at Manoa:

2004 in-state tuition: $4,487
2016 in-state tuition: $10,872

Sure, some public and private universities offer tuition waivers and financial aid to needy or talented students, but the majority of households/students are on the hook for a big chunk of these costs. And remember that many students are paying living expenses, which doubles the cost of the diploma.

If you think I cherry-picked these two public universities, check out this article:

So the divergence between real-world costs and official inflation isn’t limited to burritos; it’s just as bad in items that cost tens of thousands of dollars.

The Official Fantasy of Hedonic Adjustments
In the official calculation of inflation, hedonic adjustments offset soaring costs: that 160% increase in the cost of a burrito is offset by the much lower cost for computers, especially when the greater processing power and memory are accounted for.

Clothing has also gotten cheaper, and this theoretically offsets higher costs elsewhere.

The problem with this is sort of calculation is that we have to eat every day and we have to pay higher education costs if we want our kids to remain in the middle class, but we only buy a new “cheaper” computer once every few years, and we don’t even have to buy new clothing at all, given the proliferation of used clothing outlets, swap meets, etc. (I do my annual clothing shopping at Costco: two pair of jeans for $15 each , one pair of shoes for $15, etc.)

The savings on $100 of new clothing per year or a $600 computer every three years does not offset the doubling or tripling of costs for items we consume daily or big-ticket essentials such as higher education, rent and healthcare.

Official Inflation: A Flawed Metric
Official inflation also assumes that consumers will actively substitute a cheaper alternative for whatever is soaring in price. If a burrito doubles in cost, then the consumer is supposed to buy a banh mi sandwich instead. (Oops, that doubled in price, too. So much for substitution gimmicks.)

The problem is pretty obvious: there are no alternatives for big-ticket essentials. There is no “cheaper” substitute for a four-year public university diploma or meaningful healthcare insurance. There is also no alternative to renting a roof over your head if you can’t afford to buy a house (or don’t want to gamble in the housing-bubble casino).

The scale of the costs matters. If I bought a burrito every working day (5 per week, with two weeks of vacation annually) for four years, that’s 250 per year or 1,000 burritos over four years. That’s one-tenth the cost of a university degree—assuming I can get all the classes needed to graduate in four years.

I can always lower the cost of lunch by making a peanut-butter-and-jelly sandwich at home rather than buying a burrito for $6.50, but there are limited ways to reduce the cost of a public university, which is already the “cheaper” alternative to private universities.

Even stripped-down healthcare insurance has soared in multiples of the official inflation rate.

Inflation in big-ticket items adds up to tens of thousands of dollars—costs that can’t be offset by choosing a cheaper mobile phone, cheaper clothing or substituting a peanut butter sandwich made at home for a burrito at the taco truck.

Even if you skip buying lunch for four years, you’ve only offset 1/10th of the cost of a university diploma, a four-year stint in which the student lives at home and also eats peanut-butter-and-jelly sandwiches every day for four years (at least in in our barebones example of books, tuition and fees only, no dorm or university-provided food expenses).

As for healthcare: feast your eyes on this chart of medical expenses.

According to official inflation calculations, the $12,214 annual medical costs for a family of four in 2005 “should cost” $14,963 today in 2016.

Oops—the actual cost is $25,826, $10,863 higher than official inflation, which adds over $100,000 in cash outlays above and beyond official inflation in the course of a decade.

So let’s add the $30,000 per university student above and beyond inflation for two college students over a decade and the $100,000 in healthcare costs that are above and beyond inflation over that decade, and we get $160,000.

Since deductions for education and healthcare don’t completely wipe out income taxes, the household has to earn close to $200,000 more over the decade to net out the $160,000 to pay typical college and healthcare costs above and beyond what education and healthcare “should cost” if inflation in big-ticket items had actually tracked official inflation.

$100,000 here, $100,000 there and pretty soon you’re talking real money in a nation in which median household income is around $57,000 annually.

So if a household’s income kept up with official inflation over a decade, that household would have to earn at least $20,000 more per year just to keep pace with real-world, big-ticket cost increases.

The Burrito Index: Consumer Prices Have Soared 160% Since 2001 Calculating the real inflation rate

That’s the problem, isn’t it? If the household’s wages only kept up with inflation, there isn’t another $20,000 a year in additional income needed to pay these soaring big-ticket costs. So the shortfall has to be borrowed, burdening the household with debt and interest payments for decades to come, or the kids don’t attend college and the household goes without healthcare insurance.

I’ve done some real-world apples-to-apples calculations on our household’s costs of healthcare insurance, which we buy ourselves without any subsidies because we’re self-employed and we earn too much to qualify for ACA/Obozocare subsidies. (I would have qualified easily for the subsidies due to low earnings for the 20 years prior to Obozocare, but weirdly, as soon as ACA passed my income increased. Go figure.)

We’ve bought our stripped-down healthcare insurance from one of the more competitive non-profit providers, Kaiser Permanente, for the past 25 years. We’ve had the same plan (no meds, eyewear or dental coverage, and a $50 co-pay for any visit) for the entire quarter century. (Our plan is now grandfathered; the ACA equivalent is more expensive.) To keep the comparisons apples-to-apples, I compared identical coverage for the same-age person from year to year.

In 1996, the monthly cost to insure a 43-year old was $95. Now, the same plan for a 43-year old is $416 per month—more than four times as much for the same coverage. If the costs had risen only in line official inflation, (52% since 1996), the monthly costs would be $145, not $416.

The cost of insurance for a 55-year old in 2008 was $325 per month. Today, the same plan for a 55-year old is $558, a 72% increase over a time span that officially only logged an 11% increase in inflation.

Last but not least, let’s look at a government-provided service—weekly trash pickup. Since 2011, our trash fees have gone up 34.5%, compared to the official reduction in purchasing power of 6% since 2011.

Once again, real-world costs have soared at a rate that is almost six times higher than the official rate of inflation.

The reality is real-world inflation in big-ticket essentials is crushing every household that doesn’t qualify for government subsidies of higher education, rent and healthcare.

Despite the US population more than doubling since Eisenhower took office in 1953, the growth rate peaked under Reagan (total) and Clinton (as a %), and has been decelerating since

However, the make-up of that growth (above) has dramatically reversed itself. Regardless the president for the next two terms, 80% of the growth will come from 65+yr/olds vs. a maximum (during Clinton’s term) of 85% coming from the working age population.

the reversing make-up of growth from the peak under Clinton to the upcoming bottom under the next President (particularly in the second term). And all these numbers assume continued current levels of immigration…if that slows, these numbers will be even more skewed

To make this tangible, the chart below shows the growth of the 25-64yr/old population, total full time jobs growth, and growth of new homes (new home growth has been vital to growing GDP) over three like periods. For if there is minimal 25-64yr/old population growth, minimal full time job growth among them (and in total), coupled with 65+yr/olds downsizing…who will be buying these new homes and why? Throw in record low mortgage rates (can mortgages get much cheaper?) plus record rents (particularly as a % of income) and record home valuations in many areas…and a recipe for another housing collapse is likely stewing. The negative economic impact from a housing market slowdown leading to slowing new home construction leading to slowing infrastructure, manufacturing, construction, etc. will surely weigh down GDP growth more than anytime since WWII and perhaps in American history.

the growth of the 65+yr/old population per growth among 25-64yr/old working age population. The ratio peaked in Clinton’s second term with 0.12 new 65+yr/olds per new working age adult (one 65+yr/old per 10 new working age adults). Conversely, the second term for a perspective president Clinton or Trump will bottom out at 7.3 new 65+yr/olds per every 1 new working age adult.

since a minor FFR increase during President Eisenhower’s term, Federal Funds Rates have been raised during every Democrats presidency and lowered during every Republicans term (on a net basis). Interesting that the Federal Reserve has acted to slow economic activity during all Democrats terms and goosed activity during all Republicans terms. This may be as much to do with the make-up of Congress and general economic cycle timing as the presidents party affiliation, but I’m simply noting R’s have been in office when the interest rate tailwinds have blown…and D’s faced interest rate headwinds. The chart below shows the changing FFR’s and Federal debt per presidency.

Republicans – Eisenhower through Bush Jr. all had significant demographic tailwinds…however, all Republicans since Eisenhower (Nixon / Ford, Reagan, Bush, and Bush Jr.) undertook significant increases in new federal debt while simultaneously benefitting from large Federal Reserve interest cuts during their terms. None of the Republicans followed Eisenhower’s conservative balanced budget.

The Next President (Regardless R or D) Will Preside over the Weakest Demand Growth In American History

Democrats – Like the Republicans, all Democrats >>>(until Obozo)<<< had demographic tailwinds…unlike the R’s, all D’s have seen federal funds rate increases over the duration of their terms. Lastly, >>>until Obozo’s debt explosion<<<, post WWII Democrats had undertaken lower increases in new federal debt than the Republicans. However, Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clowns’s administration has undertaken nearly >>>50% of all federal debt ever issued in American history<<< and Johnson’s creation of the unified budget has created similar trillions of underfunded obligations.

The demographic gale force winds coming over the next two terms are almost sure to be combatted with negative interest rates and massive debt increases. Fewer buyers and more sellers will be offset with greater QE, NIRP, and yet to be named like monetization schemes.

And below, the collapse of the growth among US 25-64yr/old population beginning in ’07, the ramping 65+yr/old population growth, and the simultaneous collapse of the OASDI Social Security surplus. The SS surplus peaked in ’07 at +$200 billion/yr and fell 90% by 2012 as working age population growth fell 75%. This is only exacerbated by the ramping 65+yr/old population and accelerating payouts on these unfunded obligations. However, as the chart below shows, these trends will worsen significantly over the next presidents term. Social Security will see no surplus, will buy no net US Treasury debt, and force the Treasury to issue large scale new Treasury debt simply to payout the unfunded liabilities. Two implications, 1) annual federal deficits will be hundreds of billions larger due to the increased necessary issuance and 2), all debt issued should theoretically be issued as public marketable debt…unless strange sources within the IntraGovernmental “other” category continue to their recent ramp buying regardless the source (detailed HERE). Since the end of QE in late 2014, there has been a surge in issuance and collapse in identifiable buyers…and this has resulted in record low yields?!? This action in the Treasury market is contrary to free market dictates…and leads to one to conclude this is plainly not a “free-market”. Detailed HERE.

The next decade will be the worst economically yet for the US… with the most minimal working age population growth (slowest population increases feeding through in the least increases in demand), interest rates already zeroed out, massive over-indebtedness, overcapacities, and the fastest growth in 65+ demands for unfunded obligations. Not to mention 65+yr/olds are effectively sellers of all things including their pensions, their 401k’s, their downsizing homes, etc. etc. Nearly all the cards have been played…just as the situation gets serious.

Unfortunately (fortunately?) for the US, the advanced and developing world are much worse off (below). The peak growth in the combined working age population (15-64yr/olds) among OECD, China, Brazil, and Russia has collapsed. Declining buyers vs. surging sellers among these nations are plain to see. These nations make up almost 3/4’s of all global demand. Their combined working age populations will shrink every year from here on (surely for decades and perhaps far longer). Global demand for nearly everything is set to suffer as over the next 8yrs, the 0-64yr/old combined population will fall over <-6m> while over the same period, the 65+yr/old population of these nations will grow by +105 million. An “old-people-pocalypse” is about to swamp us

America and the globe face an imminent collapse in demand that even central banks, NIRP, and monetization schemes won’t likely be able to paper over any longer. A systemic collapse is likely dead ahead…and I’m quite sure 911 Hillary will do nothing but pour gasoline on the fire…whether Trump will make any moves to mitigate this likely disaster is the only wildcard. My only hope is that America and the globe need a restructuring (bankruptcy) and Trump is honestly the king of bankruptcy…perhaps he’ll take the highly unpopular actions to restore some balance to the system (but I won’t hold my breath).

The Looming Financial Crisis Nobody Is Talking About, But Should Be

A chain of events has been set in motion that will expose the massive fraud world banks and governments have perpetuated on their citizens. When fear porn is being promoted on the major networks, keep in mind the real threats to freedom and security will not be openly announced. The focus on the lone nutjob that kills 20 or the spread of deadly pandemics, for example, is nothing but propaganda aimed at shifting attention to things that are uncontrollable. Ensuring the masses feel helpless and in need of the government’s protection is priority number one for the ruling class. Talking heads and hedge fund managers will be eternally optimistic on the outlook for the future, even as the collapse becomes undeniably obvious. Problems for the European Union will continue to build, and the risk of the disease spreading to other economies increases by the day. Unfortunately, this Ponzi scheme system we built our societies on has left us vulnerable to any well-timed black swan event.

Impacts Imminent, Weather Alerts | S0 News Aug.1.2016

The latest Global Trade Alert report suggests that growth of global trade hasn’t just slowed – it’s stopped completely.

Global Deflation Alert: World Trade Growth Has Ground To A Halt

Falling rates of global trade growth have attracted much comment by analysts and officials, giving rise to a literature on the ‘global trade slowdown’ (Hoekman 2015, Constantinescu et al. 2016). The term ‘slowdown’ gives the impression of world trade losing momentum, but growing nonetheless. The sense of the global pie getting larger has the soothing implication that one nation’s export gains don’t come at the expense of another’s. But are we right to be so sanguine?

World trade volume plateaued around January 2015

Using what is widely regarded as the best available data on global trade dynamics, namely, theWorld Trade Monitor prepared by the Netherlands Bureau of Economic Policy Analysis, the 19th Report of the Global Trade Alert, published today, evaluates global trade dynamics (Evenett and Fritz 2016). Our first finding that the rosy impression painted by some should be set aside.

And the yield curve is flattening – policy-error-like..

Every day day of the another economist yaps about uncertainty.

For All The F**king Uncertainty, Why Is The Stock Market At All Time Highs?.

What is the real story behind Khizr Khan and his Pro-Islam attack on Donald Trump? On today’s TRUNEWS, host Rick Wiles talks with Walid Shoebat, as the the connections between the so-called ‘Gold Star’ father, The Antichrist Muslim Brotherhood and their ‘Pedophile Prophet’ are laid bare. In Part 2, Rick speaks with Edward Szall, who is on assignment in Jacksonville, Florida at a Trump event. (The views and opinions expressed on this radio program, May not necessarily represent my views and opinions.)

More disturbing revelations about the DNC continue to come to light as hacked emails continue to be published online, exposing the radical left for who they really are for the whole world to see. One of the latest developments to surface are emails that show the Democratic Party was working with anti-religious freedom groups to get around religious liberty laws that protect our First Amendment right to believe what we want, worship where we want, and live out our beliefs both publicly and privately. This is truly atrocious.

What Newly-Leaked DNC Emails Reveal Should TERRIFY CHRISTIANS

The Establishment and the New World Order continue to push forward as Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown Administration sends $400 million cash to Antichrist Iran for Hostages

SkyWatchTV News 8/4/16: It’s the Gas

Antichrist Iranian television has broadcast what some say is purported footage of the $400 million pallets of cash that officials claim was part of the “expensive price” paid by the Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown administration to free several U.S. hostages.

Treason: Antichrist Iran Videotapes Obozo’s Cash-Drop Plane During January Prisoner Swap (Video)

The footage, which could not be independently verified, shows images of large stacks of hard currency and features claims that the Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown administration sent this money over as part of an effort to free several U.S. hostages. The Rainbow White House vehemently denied these claims this week following new reports about the cash exchange.

BBC Persian reporter Hadi Nili posted the footage on Twitter, describing it as showing the “pallets of cash” and quoting officials as saying “this was just part of the ‘expensive price’ to release Americans.”

The footage, which is from an Antichrist Iranian documentary published a few months ago, contradicts claims by Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown administration officials maintaining that the payment was completely unrelated to the release of these U.S. hostages, despite the payment having been supplied on the same day these individuals were freed by Iran.

Iran experts who spoke to the Washington Free Beacon said that it is impossible to verify if the images show the same pallets of cash transferred by the Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown administration.

The footage also claims that the Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown administration insisted the negotiations over the matter take place in secret and threatened Iranian officials who may have leaked information to the media.

Republican Presidential candidate Donald Trump referenced the footage in remarks this week, claiming that it is part of an effort by Iran to embarrass the United States.

“They have a perfect tape, done by obviously a government camera and the tape is of the people taking the money off the plane, right?” Trump said. “That means that in order to embarrass us further, Iran sent us the tapes, right?”

“It’s a military tape; it’s a tape that was a perfect angle, nice and steady, nobody getting nervous because they’re gonna be shot because they’re shooting a picture of money pouring off a plane,” Trump said.

The footage is part of a February documentary published by Iran’s Tasnim News Agency, which is affiliated with the Antichrist Iranian Revolutionary Guard Corps.

The documentary purported to reveal behind-the-scenes details of the negotiations with the United States to free the American hostages. It maintains the negotiations were tied up in efforts to push the Iran nuclear agreement forward as it moved towards implementation.

Antichrist Iran: $400 Million in Cash Was Part of ‘Expensive Price’ to Free U.S. Hostages

Having been exposed for giving $1.7 billion of US taxpayer money to Antichrist Iran – coincidental (we are told to believe) with the release of 4 Americans and the signing of the Antichrist US-Iran nuclear accord – The White House is coming out swinging.

Trump didn’t waste any time:

“Our incompetent Secretary of State Hillary 911 Clinton was the one who started talks to give 400 million, in cash, to Iran. Scandal!” he tweeted.

And then, as RealClearPolitics reports, White House spokesman Josh Earnest today accused critics of the Antichrist Iran nuclear deal of “lying to the American public” for questioning whether a $400 million cash payment to Antichrist Iran could have been used to fund terrorism.

Read that again! But Earnest then went on to say that while admitting the cash was handed over, it was also possible it was used for nefarious activities…

“The U.S. continues to have concerns with some of Antichrist Iran’s nefarious activities,” Earnest said at a Wednesday press briefing, but analyses proved that Antichrist Iran used the money to strengthen its currency, pay off debts, and improve infrastructure.

“The president was quite forward leaning in advance of the deal being acknowledged that we know that Antichrist Iran supports terrorism, we know that Antichrist Iran supports Antichrist Hezbollah and the Assad regime, and it certainly is possible that some of the money that Antichrist Iran has is being used for those purposes too,” he noted.

“But the bulk of the money has been going to shoring up their economic weakness, exactly how we predicted.”

One quick question – how do you know that?

But Earnest wasn’t done – after a 20-minute grilling – snapping at CBS reporter Margaret Brennan, asking: “Why is that relevant?” when questioned about the $400 million cash payment (in Euros and Swiss Francs) to Antichrist Iran, seemingly not giving a shit about the fact that it’s taxpayer money being puked up for nothing.

Clearly adopting the Hillary 911 Clinton “what difference does it make” defense by exclaiming in shrill tone upon being pressed by media:

“But why is that relevant? Why is that relevant? Particularly when we all know there is no banking relationship between the U.S. and Antichrist Iran, so again”

An Angry White House Snaps Over Secret Antichrist Iran “Hostage” Payment: “Why Is That Relevant”

The Full Transcript is entertaining in the level of denial:

MARGARET BRENNAN, CBS NEWS: It would be easy for you to kill the argument [that there is anything suspicious about the payment] by saying this is exactly how it happened and why — not just: Trust us there is nothing shady about a plane arriving in the middle of the night loaded with cash. Which is, you’re saying it is innuendo. Right? You’re saying nothing was done that was not above board. So why not?

JOSH EARNEST, ANTICHRIST NWO 666 OBOZO 911 HOMOSEXUAL CLIMATE CHANGE NO BOOT SPECTRE CLOWN ADMINISTRATION: I guess the point that I’m trying to make is, we could not possibly have been more transparent about this arrangement than to have the president of the U.S. announce it to all of you on live national television on the day it took place.

BRENNAN: The date the agreement was reached and the intent to pay to $1.7 billion, yes. But the details, you’re saying this is a new detail on an old story. I guess, clarifying the detail is what would help-

EARNEST: But why is that relevant? Why is that relevant? Particularly when we all know there is no banking relationship between the U.S. and Iran, so again…

BRENNAN: But the details. The transfer was from the trust fund, to this bank, to this bank. Or it had to be in Euros and Francs because we don’t have a banking relationship because it is complicated. That would be a really simple thing that people would be able to follow.

EARNEST: None of what you have walked through changes the basic facts here. We acknowledged back on January 17 that there would be all kinds of innuendo hurled by people who oppose engagement with Iran… I recognize the details that you are trying to illicit might make for a colorful news story, but they don’t change the facts!

EARNEST: I understand the political attacks that are being made by people who are trying to justify their opposition to the deal–

BRENNAN: At a minimum the $1.3 billion is taxpayer money? Don’t people have a right to have an answer to that question?

Still we are sure Trump “intervention” is what will really matter.

As Obozo Slams Iran “Ransom” Allegations, He Refuses To Answer One Simple Question

Today, one of the US Antichrist Iranian hostage shown above, Saeed Abidini, spole to FOX Business and explained that the Antichrist Iranian regime would not let his plane leave Tehran until the ransom plane arrived, Gateway Pundit reports.

911 Clinton, Comey, Lynch All Guilty of Concealing Money Laundering for Terrorists and the Cartels Says Senior VP at HSBC Bank

Others on the list of disgraced “Republican” neocons, globalists, and establishment insiders who are pushing a 911 Clinton presidency include Skull&Bones Bush globalist and leading Iraq war booster Richard Armitage; Ken Adelman, assistant to Iraq warmonger Defense Secretary Donald Rumsfeld and later a senior disarmament bureaucrat; Tony Fratto, deputy propagandist for Skull&Bones George W. Bush; former “regional EPA administrator” Alan Steinberg, also from the second Skull&Bones Bush 911 administration; Mark Salter, a “former speechwriter” for embattled neocon globalist Senator John McCain of Arizona; and more. Also listed are people with politically toxic titles like “Republican lobbyist,” “Republican strategist,” and a handful of mega-donors and crony capitalists.

Neocons, Warmongers, and Globalists Abandon GOP for 911 Hillary

The results are already in, even before the official campaign-finance final figures will become available after the election.

Though a large percentage of the people funding the campaign advertising will never be made public – due to recent Supreme Court decisions allowing “dark money” – data already exist on the final product of the campaigns (including both the above-board and the dark money), which is the booked advertising time for each of the two candidates at the start of their campaigns. (Similar proportions of donations go also to get-out-the-vote and other campaign-activities; so, these booked-advertising figures correlate rather well with across-the-board funding of the two campaigns.)

Advertising rates – the charges per second of air-time – get higher and higher the later and closer to Election Day the time is booked; so, any candidate who books late is really starved for funds and has little chance of winning; any candidate who does the booking early is getting a big break from the networks and from certain other media. This discount, for early booking, magnifies even further the cash-advantage of the candidate whom the oligarchs prefer.

However, normally, both Parties’ nominees have their own billionaires backing them (Republican billionaires backing the Republican nominee, and Democratic billionaires backing the Democratic nominee), and so there’s a real contest, they both have a chance; but not this time: Look at the figures, and you can see that, this time around, virtually all of the oligarchs are backing only one candidate: they have united around 911 Clinton.

America’s Antichrist NWO 666 SPECTRE Clown Oligarchs Support Clinton 911 Almost Unanimously

On August 2nd, Carrie Dann at NBC headlined, “911 Clinton, Allies Have Reserved $98 Million in Ads”, and she opened: “Hillary 911 Clinton and her allies are poised for a TV ad blitz of nearly $100 million dollars, compared to less than $1 million currently reserved on the airwaves by backers of Donald Trump.” That’s a wipe-out of Trump, by the oligarchs.

The detailed total on ads that have already been aired was: “Through last week, Team Clinton had aired a total of $68 million in ads, while Team Trump had spent roughly $6 million.”

The totals booked going forward are even more skewed in 911 Clinton’s favor: $98 million for 911 Clinton, $817,000 for Trump. (In other words: Trump’s ratio is even worse now, than it was leading up to the two Conventions.)

Going forward, it’s like a hundred-to-one advantage, Clinton 911 over Trump.

Perhaps the reason why this is so, is: Clinton 911 has already spoken privately with the heads of these companies (the companies owned by the oligarchs) and with their lobbyists, and she coordinates her campaign with their propaganda-operations. So: her messages are also their messages. (But what she has told them behind closed doors goes even beyond that, into her proposing new federal subsidies for their businesses.)

The historical background of the current developments in the U.S., has already been well covered in a lengthy paper by Ryan Patrick Alford, that’s appropriately-titled “The Dismantling of the Rule of Law in the United States” (especially see there “Citizens United,” which is a direct source of this).

But, whatever the reason: in the current U.S. Presidential race, there is no real contest at all, in terms of support by the oligarchs – and their support tends to be decisive. There is, amongst them, a near-100% unity around one nominee, as there has never been before in American history, at least going back to 1896, and perhaps to the founding of the republic. (Furthermore, back near the founding, there was no oligarchy; the nation started out as being, to a large extent, a democratic republic. It no longer is that.)

EXCLUSIVE: Bill Clinton Got Millions From World’s Biggest Sharia Law Education Firm

U.S. Senator John McCain recorded a Tokyo Rose-style propaganda message that was broadcast on North Vietnamese radio in 1969. Trunews, a nonprofit Christian digital news app, obtained the bombshell audio recording and released it today on the organization’s daily newscast hosted by Rick Wiles. Trunews acquired the audio recording in cooperation with WeSearchR.com, a new media company founded by Charles Johnson. The 1969 North Vietnamese radio broadcast has never been heard in the United States of America. In fact, there has never been any knowledge that such a recording existed. The audio recording was found in a misplaced file in the National Archives in Washington, D.C. The broadcast was recorded by a branch of the CIA that monitored international shortwave and foreign radio broadcasts

TRUNEWS 08-04-16

ANTICHRIST NWO 666 OBOZO 911 HOMOSEXUAL CLIMATE CHANGE NO BOOTS SPECTRE CLOWN APRIL FOOL(S) 2016 WASHINGTON D.C. NUCLEAR SECURITY SUMMIT (((EXTREME WARNING REVELATION PROOF CONFIRMATION))) 7.2 Quake & Wikileaks eXpoSeS (G)reek crISIS PLANNED MAPPED OUT!!!!

With Antichrist Iran back in the headlines once again thanks to the US government’s shady cash payments surrounding the nuclear deal and hostage release, we thought it worth considering the warnings of GeoStrategic Analysis’ Dr. Peter Huessy:

Iran seeks to do us grave harm, potentially with ballistic missiles and nuclear weapons. The threat warnings are clear and we have strong evidence — Iran has attacked us repeatedly over the past 30 years.

Instead of heeding the nuclear missile “dots” that are emerging all around us, we are busy promoting trade with Iran, downplaying its violations of the nuclear deal, simply ignoring its ballistic missile developments and dismissing the growing evidence of its terrorist past.

After the attacks on September 11, 2001, Congress, the 911 Skull&Bones Bush administration, and terrorist experts complained that the country had simply not “connected the dots” provided by prior terrorist threats.

The 9/11 Commission also concluded that the attacks “should not have come as a surprise,” as “Antichrist Islamist extremists had given plenty of warning that they meant to kill Americans indiscriminately and in large numbers.”

The Commission then listed 10 Islamic terror plots against the US prior to 9/11:

“In February 1993, a group led by Ramzi Yousef tried to bring down the World Trade Center with a truck bomb.

“Plans by Omar Abdel Rahman and others to blow up the Holland and Lincoln tunnels and other New York City landmarks …

“In October 1993, Somali tribesmen shot down US helicopters, killing 18 and wounding 73…

“In early 1995, police in Manila uncovered a plot by Ramzi Yousef to blow up a dozen U.S. airliners while they were flying over the Pacific.

“In November 1995, a car bomb exploded outside the office of the US program manager for the Saudi National Guard in Riyadh, killing five Americans and two others.

“In June 1996, a truck bomb demolished the Khobar Towers apartment complex in Dhahran, Antichrist Saudi Arabia, killing 19 US servicemen and wounding hundreds.

“In August 1998, Antichrist  al Qaeda, carried out near-simultaneous truck bomb attacks on the US embassies in Nairobi, Kenya, and Dar es Salaam, Tanzania. The attacks killed 224 people, including 12 Americans, and wounded thousands more.

“In December 1999, Jordanian police foiled a plot to bomb hotels and other sites frequented by American tourists…

“…US Customs agent arrested Ahmed Ressam at the US-Canadian border as he was smuggling in explosives intended for an attack on Los Angeles International Airport.

“In October 2000, an Antichrist al Qaeda team in Aden, Yemen, used a motorboat filled with explosives to blow a hole in the side of a destroyer, the USS Cole, almost sinking the vessel and killing 17 American sailors.”

Despite the overwhelming indications that an attack like 9/11 was around the corner, as former Secretary of State Condoleezza Rice told the country in her April 2004 testimony to the 9/11 Commission, “The terrorists were at war with us, but we were not yet at war with them. For more than 20 years, the terrorist threat gathered, and America’s response across several administrations of both parties was insufficient.”

Are we now better equipped to “connect the terrorist-threats by dots” than we were prior to 9/11? Certainly we are not still echoing the testimony of Richard Clarke when he told the Emerging Threats Subcommittee in the summer of 2000 that the administration “had not yet” determined how to spend homeland security funds even some eight years after the first World Trade Center bombing of February 1993.

Unfortunately, not only are we not connecting the terrorist dots, we are actively downplaying their significance. Nowhere else is this more apparent than in the virtually complete failure, on the part of the US, to hold Iran responsible for the terror attacks that have killed and maimed thousands of Americans since 1979. This failure is all the more disturbing after the numerous court decisions that have found Iran accountable for nearly $60 billion in damages owed to the victims and survivors of these attacks, including the 9/11 attacks.

The outstanding news analyst and author Melanie Phillips wrote nearly a year ago that Antichrist Iran had been “…perpetrating acts of war against Western interests for more than three decades — including playing a key role in the 9/11 attacks on America.” Phillips noted that a Antichrist Revolutionary Guard-Antichrist Iranian Intelligence (MOIS) task force

“designed contingency plans for unconventional warfare against the US… aimed at breaking the American economy, crippling or disheartening the US, and disrupting the American social, military and political order — all without the risk of a head-to-head confrontation which Iran knew it would lose.”

She explained that the court testimony from former Antichrist Iranian agents illustrates that Iran “…devised a scheme to crash hijacked Boeing 747s into the World Trade Center, the White House and the Pentagon. … The plan’s code name was ‘Shaitan dar Atash’ (‘Satan in flames’).” Further, the court evidence revealed that Iran obtained “a Boeing 757-767-777 flight simulator which it hid at a secret site where the 9/11 terrorists were trained.”

In December 2011, Judge George B. Daniels found that Iran, with the participation of its Antichrist Supreme Leader Ayatollah Ali Khamenei, was directly and heavily involved in the 9/11 atrocities. Antichrist Khamenei instructed intelligence operatives that while expanding collaboration between Antichrist Hezbollah and Antichrist al-Qaeda, they must restrict communications to existing contacts with Antichrist al-Qaeda’s second-in-command Ayman al Zawahiri and Imad Mughniyeh — Antichrist Hezbollah’s then terrorism chief and agent of Antichrist Iran.

While the 9/11 Commission found solid evidence Iran aided the 9/11 hijackers in their travels from Antichrist Iran, the “Extensive cooperation in major global terrorist activities,” between Antichrist Iran, Antichrist Hezbollah and Antichrist Al Qaeda, including the 1996 bombing of the Khobar Towers housing complex in Antichrist Saudi Arabia and the 1998 East Africa US embassy bombings, escaped the 9/11 Commission’s detailed attention. Notably, as long ago as in 2000, a US Defense Intelligence Agency analyst was alerting the government to a web of connections between Antichrist al-Qaeda, the Antichrist Iranian intelligence agencies controlled by Antichrist Khamenei, and other terrorist groups.

Many press reports and analysts, cognizant of Antichrist Iran’s terrorist history and aware that Antichrist Iran has been designated by the US Department of State as the world’s premier state sponsor of terror, choose to believe the 2015 Iranian nuclear deal should not be derailed over concern of Antichrist Iran’s possible future terrorist plans. Especially when it is often assumed these plans are aimed primarily at Israel and groups in Syria, Iraq and Lebanon, and thus not of real concern to the United States.

Is the nuclear deal with Iran thus a good trade? We get to slow Antichrist Iran’s pursuit of nuclear weapons, but any serious sanctions or military effort to stop Iran’s terror agenda are off the table. Let’s connect the new nuclear-related Iran dots.

First, the world’s expert on Iran ballistic missiles, Uzi Rubin, revealed on July 15 that Antichrist Iran has five new missile capabilities: they can strike the middle of Europe, including Berlin; they can target with GPS accuracy military facilities in Antichrist Saudi Arabia; they can launch missiles from underground secret tunnels and caves without warning; they have missiles that are ready to fire 24/7; and they have developed other accurate missiles whose mission is to strike targets throughout Gulf region.

Second, the Associated Press revealed that a side agreement under the Joint Comprehensive Plan of Action (JCPOA) nuclear “deal” actually allows Iran to break out of the agreement in year 11, not 15, at which point Iran will not even be six months away from having sufficient nuclear fuel to arm a nuclear warhead, and Antichrist Iran will be able to install nuclear centrifuges five times more efficient than the ones they have today.

Connecting The Nuclear ‘Dots’

Third, according to German intelligence reports, Antichrist Iran has, a few dozen times since the July 2015 nuclear agreement, sought to purchase nuclear ballistic missile technology, a violation of previous UN resolutions.

As Americans wonder who will be behind the next terrorist attacks on our country — “lone wolf” terrorists inspired by social media from Islamist groups; organized cells of Antichrist ISIS, Antichrist Al Qaeda, Antichrist Islamic Jihad, Antichrist Hezbollah; states such as Iran and Syria; or a combination of all three — we would do well to be reminded of the long-term use of terrorism by the former Soviet Union as one of their trademark elements of “statecraft.”

Iran’s pursuit of nuclear weapons has not been stopped and at best has been delayed. Add to that Iran’s enhanced ballistic missile capability, its growing partnership with Antichrist Communist North Korea and its history of terrorist attacks on the United States, and connecting the dots reveals a stark reality — nuclear terrorism by missile may be on its way.

During the spring and summer of 2001, US intelligence agencies received a stream of warnings that Antichrist Al Qaeda was determined to strike. The specific information pointed to threats from overseas. The Bush administration began developing a strategy in early 2001 to eliminate Antichrist Al Qaeda in three years. The 9/11 attacks happened “too soon.”

Iran seeks to do us grave harm, potentially with ballistic missiles and nuclear weapons. The threat warnings are clear and we have strong evidence — Antichrist Iran has attacked us repeatedly over the past 30 years

But instead of heeding the nuclear missile “dots” that are emerging all around us, we are busy promoting trade with Antichrist Iran, downplaying its violations of the nuclear deal, simply ignoring its ballistic missile developments and dismissing the growing evidence of its terrorist past.

In short, we are not connecting these dots; we are erasing them…America is apparently bent on repeating — yet again — the historic wrong turn it took in 1979 by once again embracing the radical Islamic regime in Iran. Why would the U.S. administration think doing the same thing again will have a different outcome?

The Zika virus vaccines are ready for human trials, the psyop is a go. South Korea and Japan report that North Korea fired a missile and they are pushing for defensive weapons. UN warns of tension and increase fighting on the Ukrainian contact line. US will upgrade it’s nuclear arsenal. Italy will allow the US to use its base to bomb Libya. Obozo authorizes 30 days of bombing in the middle east. US and the coalition forces are using the propaganda of chemical weapons once again.

Obozo Authorizes 30 Days Of Bombing – Episode 1039b 

Secretary of State Hillary 911 Clinton knew that the US was sending arms from Libya to Syria back in 2011, a year before the Benghazi consulate attacks.

Hillary 911 Clinton denied she knew about the weapons shipments during public testimony (under oath) in early 2013 after the Benghazi terrorist attack.

Julian Assange: Hacked Emails Include Info On 911 Hillary’s Arming of Antichrist Jihadists, Including Antichrist ISIS, in Syria

Julian Assange: So, those Hillary 911 Clinton emails, they connect together with the cables that we have published of Hillary Clinton, creating a rich picture of how Hillary 911 Clinton performs in office, but, more broadly, how the U.S. Department of State operates. So, for example, the disastrous, absolutely disastrous intervention in Libya, the destruction of the Gaddafi government, which led to the occupation of Antichrist ISIS of large segments of that country, weapons flows going over to Syria, being pushed by Hillary 911 Clinton, into Antichrist jihadists within Syria, including Antichrist ISIS, that’s there in those emails. There’s more than 1,700 emails in Hillary 911 Clinton’s collection, that we have released, just about Libya alone..

Julian Assange just did it: WikiLeaks Dispenses 23,000 Hillary 911 Emails Marked “C” for Confidential (Classified)

FSS World News Update 7-31-2016 – Bio Hazard – Gun Law – HQ Attack – Crimea – Survival News

Did you hear Incirlik Air Base was surrounded by Jive Turkish military forces this weekend? Today on TRUNEWS, Rick Wiles breaks down the shocking state of disarray Obozo has taken our military, as combat bases across America have been placed on red alert. Rick also addresses the continuing rise of Antichrist Islam, as Europe is brought to their knees by politically correct paralysis and mentally ill leadership

Greece looking to change their constitution and have additional referendums. US manufacturing has bounce but all indicators are pointing to a slowdown. Construction spending slows and crashes. US entitlements is the sixth biggest economy on earth. Social security unofficially went bankrupt in 2010. European banking system is in big trouble, the banks are insolvent. Saudi banks get a bailout.US is already moving to a new currency, the old currency might not be redeemable.

Antichrist Iran Is Cheating On The Nuclear Deal, Now What?

The bottom line here is that, since 9-11, escalation in all things has been the order of the day.

So, whether by way of a “genuine” terror attack by one of the US’s uncountable enemies, or by some flavour of false-flag event (whether part of the establishment or otherwise), the next attack on US soil needs to grab global attention by literally being “earth-shattering.” The aforementioned pattern of escalation (not to mention the karmic seriousness of the US’s many horrific terrorist crimes around the world), very much demands it.

A “Terrorist” Strike on the US which will make 9-11 look like a Summer Picnic: Why a Nuclear Attack on the US Mainland is Inevitable, and probably Imminent.

It doesn’t take much imagination to realise that about the only thing which could “surpass” 9-11 in terms of sheer “shock and awe” value … is a nuclear attack on US soil. It is also clear that there are many many enemies of the US who would move heaven and earth to make such a thing happen. It is additionally clear, that under certain circumstances, the government of the US (or powerful interests connected to the Deep-State) might one day soon decide the “pros” of staging this kind of false-flag attack significantly outweigh the “cons” (from their psychopathic perspective, of course!).

Ten Most Radioactive Places on Earth Mapped Out [GRAPHIC]

PM Theresa May was right to give an unequivocal “yes” according to 66 percent of Britons, when asked if she would personally launch a retaliatory nuclear strike that would kill 100,000 civilians, while 59 percent say they would push the button themselves.

Majority of Britons back PM May on launching nuke attack that would kill 100,000

May’s attitude was overwhelmingly supported by two-thirds of Britons polled by YouGov on Tuesday and Wednesday. Only 19 percent said she was wrong to say what she did.

Sixty-six percent of respondents said they would support a nuclear retaliation while 59 percent said they would personally launch one, if they were in May’s position.

(_____\ ^ /_____)

NOTE: WARNING!!! The month of August starts during this prophetic biblical jubilee year during the historic ”dire straights” as the global market and geopolitical climate is peaking as the American election perfectly matches up with the pattern of the 2008 collapse and Zenith 2016 cycle accented by great earthquakes, violent destructive weather, wars and rumors of wars with deadly mass murder by Antichrist muslims being intentionally imported into Western countries,  and the Shemitah Tetrad with outbreaks of comets as the prophetic last Pope has proven to be the evil facilitator of the Israeli Two State Final Solution and promoter of global marxism, etc.. etc… etc…

The Marxist “paradise” once worshipped by such Hollywood naifs as Sean Penn, Oliver Stone, Danny Glover and Michael Moore is now forcing its citizens to work on neglected farms.

Venezuela is on the brink of total collapse

Venezuela is on the brink of total collapse. Whatever happens next won’t be pretty — and not even the country’s Hollywood fans can still sing its socialist praises

When Bloomberg reported late last year that Antichrist Communist China founded a working group to explore the use of the supranational Special Drawing Rights (SDR) currency, nobody took heed.

Now in August of 2016, we are very close to the first SDR issuance of the private sector since the 1980s.

Opinion pieces in the media and speculation by informed sources prepared us for the launch of an instrument most people don’t know about earlier in 2016. Then the International Monetary Fund (IMF) itself published a paper discussing the use of private sector SDRs in July, and a Antichrist Communist Chinese central bank official confirmed an international development organization would soon issue SDR bonds in Antichrist Communist China, according to Antichrist Communist Chinese media Caixin.

Caixin now confirmed which organization exactly will issue the bonds and when: The World Bank and the Antichrist Communist China Development Bank will issue private sector or “M” SDR in August.

The so-called SDR are an IMF construct of actual currencies, right now the euro, yen, dollar, and pound. It made news last year when the Antichrist Communist Chinese renminbi was also admitted, although it won’t formally be part of the basket until Oct. 1 of this year.

How much? Nikkei Asian Review reports the volume will be between $300 and $800 million and some Japanese banks are interested in taking up a stake. According to Nikkei some other Antichrist Communist Chinese banks are also planning to issue SDR bonds. One of them could be the Industrial and Commercial Bank of Antichrist Communist China (ICBC) according to Antichrist Communist Chinese website Yicai.com.

The IMF experimented with these M-SDRs in the 1970s and 1980s when banks had SDR 5-7 billion in deposits and companies had issued SDR 563 million in bonds. A paltry amount, but the concept worked in practice.

The G20 finance ministers confirmed they will push this issue, despite private sector reluctance to use these instruments. In their communiqué released after their meeting in Antichrist Communist China on July 24:

“We support examination of the broader use of the SDR, such as broader publication of accounts and statistics in the SDR and the potential issuance of SDR-denominated bonds, as a way to enhance resilience [of the financial system].”

They are following the advice of governor of the People’s Bank of Antichrist Communist China (PBOC), Zhou Xiaochuan, although a bit late. Already in 2009 he called for nothing less than a new world reserve currency.

“Special consideration should be given to giving the SDR a greater role. The SDR has the features and potential to act as a super-sovereign reserve currency,” wrote Zhou.

Seven years later, it looks like he wasn’t joking.

Antichrist Communist China Moves Forward With SDR Issuance in August 

A WMD event is overdue. Consider the fact that this September will be preceded by the Antichrist Communist Chinese IMF basket of global currency going into affect before the Baal Gate opening in New York City Time Square by the Antichrist United Arab Emirate headed UNESCO terrorist backer during the peak political U.S. President Election process.

Be advised, get out of NYC now, and don’t look back.

UN Working To Draft Coming Role Under Antichrist, Conflict With Israel

From the murder of a French priest to the slaughter of 80 Antichrist Shia Muslims in Kabul, Antichrist ISIS has one goal: to get states and the far-right to single out Antichrist Sunni Muslims and create a spate of religious civil wars across the world. Did anyone at the Democratic National Convention notice the slaughter of 86-year-old Father Jacques Hamel, as Antichrist jihadists slit his throat in his own church in Northern France during morning Mass?

Antichrist ISIS Plans To Fulfill Ancient Mahdi Prophecy (“Final Roman Emperor”) Through Global Civil War

Well… here’s why they’d better start paying attention. For our own future’s sake, we must understand what Antichrist jihadists are seeking to achieve through sowing the seeds of such chaos. What possible military strategy could there be in mowing 84 innocent people down to death using a lorry in Nice? How is “the cause” at all served by murdering 325 mainly Antichrist Shia Muslims in Baghdad? Or by killing 80 mainly Antichrist Shia Hazara Muslims in Kabul?.

Magnetic Storm Watch, Earthquake Challenge | S0 News Jul.31.2016

In late July and early August 2016, look from the sunset direction eastward to catch all 5 bright planets after sunset. Green line depicts the ecliptic, or sun’s path across the sky. Look for the planets along the sun’s path. Read more.

http://hisz.rsoe.hu/alertmap/index2.php

Bright Kreutz sungrazer plunges into the Sun

Strong and deep M6.3 earthquake hits near Iwo Jima, Japan

Strong M6.1 earthquake at intermediate depth hits Jujuy, Argentina

Shallow M6.1 earthquake hits South Indian Ocean

“The Entire Continent Australia Moves 5 Feet” Whaaaaaat?

This Year’s Top Five Natural Biblical Phenomena – Number Two Will Scare You!

Massive flooding hit the Ellicott City in Maryland on the evening of Saturday, July 30, 2016 (local time). The Governor Larry Hogan declared a state of emergency on the next day. At least two people died, and local infrastructure suffered severe damage, according to the local official, the worst in the last 50 years.

The rainstorm brought about 165 mm (6.5 inches) to the city between 19 and 21:00 hours on July 30 (local time). Intense flooding swept away hundreds of vehicles and inflicted damage to almost every building along the Main Street.

Worst flooding in last 50 years devastates Ellicott City, Maryland

Storm in Macedonia leaves 17 dead, 60 injured; many flee

Catastrophic Storms “Macedonia 17 Dead 60 Injured 1,000 Flee”

The Perseid meteor shower is one of the most prolific annual meteor showers and this year it is expected to peak in outburst mode on the night of August 11 and the morning of August 12 (UTC). This means the shower has a great potential to be spectacular, with up to 200 meteors per hour in perfect conditions. Perseids are famous for producing a large number of bright meteors, as well as their occasional outbursts. The last such outburst occurred in 2009.

Perseids to peak in outburst mode on August 11 and 12, 2016.

The peak of this year’s Perseid meteor shower, one of the most prolific annual showers, will be in “outburst” mode on August 11 and 12, the first since 2009. This means that instead of the usual 80 Perseids per hour, the rate could top 150 or 200 meteors. This meteor shower is famous for producing a large number of bright meteors.

The best time of the month to observe faint objects in the night sky is August 2.

The Moon will reach its full phase at 09:24 UTC on August 18.

Planet Saturn will appear to pass close to the Moon on August 12;

Uranus will ‘pass’ close to it on August 22.

Mars and Saturn will make a close approach on August 24,

Venus and Jupiter on August 27.

Night sky guide for August 2016.

Annular Solar Eclipse will begin at 06:13 UTC on September 1.

The maximum point will take place at 09:01 UTC, and the annularity will last for 3 minutes and 6 seconds. The path of the eclipse will begin off the eastern coast of central Africa and travel through Gabon, Congo, Tanzania, and Madagascar before ending in the Indian Ocean. A partial eclipse will be visible throughout most of Africa and the Indian Ocean.

http://www.solarsystemscope.com

Welcome to August / Solar Update
Here is a look at the visible disk today which is for the most part void of sunspots. Solar activity is expected to remain at very low levels today. Image below courtesy of SDO/HMI.
A reminder that a minor (G1) to moderate (G2) geomagnetic storm watch will be in effect for the next 48 hours when a high speed coronal hole stream is expected to become geoeffective. Stay tuned to SolarHam.com where you will find the most up to date spaceweather data and imagery.

http://www.solarham.net

August 2016 guide to the 5 bright planets

In August, all five bright planets grace the evening sky for the last time until 2018, the Perseid meteor shower is visible in northern Australia, and Aquila the Eagle flies high in the north.

Early this year, we were treated to the sight of all five bright planets in the early morning sky for the first time since 2005.

In August, all five will be on display again — this time in the early evening. We will not see a line-up of all five bright planets again until 2018.

There will also be some bright planet and star encounters — topped off by a spectacular encounter of Jupiter and Venus later in the month — that will have no counterpart in 2018.

The planetary dance will be visible the whole month, and will not be dimmed by the light of the full Moon.

August sky guide: Five bright planets, Perseid meteor shower, and Aquila

Venus, Mercury and Jupiter in the west

At the beginning of the month Venus can be readily seen in the dusk, 10-30 minutes after sunset.

On August 4, Venus is close to the very thin crescent Moon and the bright star Regulus.

Then on August 5 Venus is closest to Regulus, and the line-up of Venus, Regulus, Mercury, the crescent Moon and Jupiter will look spectacular.

On August 6, Venus has moved further away from Regulus, but the crescent Moon is close Jupiter so the line-up is still amazing, especially in binoculars and small telescopes.

Mercury rises rapidly in the early evening sky in the first half of August, reaching its furthest point from the Sun on August 17.

Between August 18-21 Mercury is around four finger widths from Jupiter. As the month progresses, Venus rises higher in the dusk skies, as Jupiter lowers towards it.

This cumulates on August 27-28 when the pair are about a lunar diameter apart.

Mercury is close by the pair, making a wonderful sight which will be easily visible from 30 minutes to one hour after sunset.

Jupiter and its moons will be more difficult as they come closer to the horizon, but the close approach of Jupiter and the crescent Moon will good to see through a telescope. If you don’t have a telescope, why not visit a local planetarium or astronomical society open night.

Mars and Saturn in the north-west

While Venus, Mercury and Jupiter are clustered low in the western skies, you have to swing your gaze to the north-west to spy Mars and Saturn. The pair are both close to the constellation of Scorpius the scorpion, forming a triangle with the red star Antares.

On August 9, Mars is in the head of the scorpion, a finger-width away from the bright star Dschubba, Delta Scorpii. It then travels down the body of the scorpion for a meeting with the bright red star Antares and Saturn.

On August 24 Mars is around a finger-width from Antares, and almost perfectly between Antares and Saturn. By the end of the month Mars, Saturn and Antares from a nice triangle again.

As always Saturn’s ring are awesome even in small telescopes.

This is still a good time to dust off any old telescopes lying around and watch Saturn’s rings and Mars.

Perseid meteor shower from northern Australia

If you are following social media there will lots of excitement over the Perseid meteor shower on August 13. And indeed it is one of the finest meteor showers … in the northern hemisphere.

While people living in northern Australia will get a reasonable view, the point in the sky where the meteors come from will be below the horizon in the rest of Australia.

The best time to see the shower if you’re lucky enough to live in northern Australia is an hour-and-a-half before sunrise.

At this time, from Brisbane and similar latitudes you can expect to see a meteor every 10 minutes of so, at the latitude of Alice Springs a meteor every five minutes and at the latitude of Darwin and Cairns a meteor every two minutes.

Constellation of the month: Aquila

This month we look to the northern skies and the constellation Aquila. The constellation is faint, and the most notable stars are the bright star Altair, flanked by two dimmer, but still bright stars. This grouping is instantly recognisable as there are no other bright stars close by.

The name Aquila means eagle in Latin and in Greco-Roman mythology Aquila is the bird that carried Zeus’s (Jupiter’s) thunderbolts.

The eagle motif of Aquila also appears in Indigenous astronomy.

For the Koori people of Victoria, Altair represented Bunjil the Eaglehawk. The stars to each side of him were his two wives, a pair of black swans.

To the Boorong people of western Victoria, Altair was Totyerguil, the son of Neilloan (the mallee fowl, represented by the star Vega), and the stars on either side were his two wives. Totyerguil may also represent an eagle.

While there are no thunderbolts for this celestial eagle, Aquila covers a nice swath of the Milky Way and a dust lane.

Unfortunately there are no bright clusters or galaxies to enchant us, but if you sweep the area around Altair with binoculars under dark skies you will be rewarded with faint but delightful star clouds.

In dark sky locations there is an “E” shaped dark nebula west of Altair that is easily visible in binoculars.

Altair is also the vertex of the pattern of stars known as the Winter Triangle in the southern hemisphere (or the Summer Triangle in the northern hemisphere).

This is made up of Altair itself, the bright star Vega which is close to the northern horizon and the bright star Deneb, which is even closer to the horizon (and may be difficult to see in southern Australia). This large triangle encloses a large section of the Milky Way.

The Night Sky August 2016

The asteroid was discovered on September 11, 1999. Yes, 9.11.1999. Bennu was named by Michael Puzio, a third-grader from North Carolina, one of more than eight thousand students from dozens of countries around the world who entered a “Name That Asteroid!” contest run by the University of Arizona, The Planetary Society, and the LINEAR Project, according to The Planetary Report, June 2013.

According to Egyptian mythology, the Bennu was a self-created being said to have played a role in the creation of the world. It was said to be the ba of Ra and enabled the creative actions of Atum. It was said to have flown over the waters of Nun that existed before creation, landing on a rock and issuing a call that determined the nature of creation. It was also a symbol of rebirth and was therefore associated with Osiris.

Some of the titles of the Bennu bird were “He Who Came Into Being by Himself,” and “Lord of Jubilees;” the latter epithet referred to the belief that the Bennu periodically renewed itself like the sun. The Greek phoenix bird was said to have derived its mythology from the Bennu bird. Osiris was an Egyptian god, usually identified as the god of the afterlife, the underworld, and the dead – after whom, the NASA space probe that will study Bennu is named.

NASA to launch probe to investigate ‘Armageddon’ asteroid.

Currently, the planet Venus is visible very low in the western evening sky right after sundown. Those with obstructions such as trees or buildings toward the west may not be able to see Venus yet due to its very low altitude. But this current evening apparition of Venus is going to evolve into a very good one in the coming days and weeks, so let’s get into a fuller explanation of what is to come.

Venus passed superior conjunction, when it appears to go directly behind the sun as seen from Earth, back on June 6. Initially, it was mired deep in the brilliant glare of the sun. Nonetheless, in the days that followed it moved on a steady — albeit very slow — course toward the east and gradually pulled away from the sun’s vicinity.

And now, as we make the transition from July into August, Venus has finally begun climbing up out of the sunset glow in earnest and is about to reclaim its role as the brilliant “evening star,” a title it has not held since one year ago. Look for it now by scanning with binoculars shortly after sundown very low in the western sky. Venus will stand about 10 degrees high in the western sky at sundown (your clenched fist held at arm’s length is about 10 degrees wide) and will touch the horizon about 50 minutes after sunset, giving less-experienced skywatchers the chance to get a good glimpse. [Skywatching In 2016: The Year’s Must-See Events]

Venus Will Soon Unleash Its Brilliant (Evening) Star Power in the Sky

During August, it will be interesting to watch as Venus and Jupiter converge on each other in the evening sky. In contrast to Venus, Jupiter is now fast departing into the west after sundown. Venus is even lower in the sunset than Jupiter for most of August. However, Venus is nearly eight times brighter and is working its way slowly upward as the weeks go by. Venus and Jupiter move 1 degree closer together each evening until reaching a very close conjunction on Aug. 27, when they’ll be less than 0.1 degrees apart as seen from the eastern half of North America. This event will be worth a special trip with binoculars to someplace commanding a scenic view of the western horizon.

During September Venus should become a bit easier to see. By Oct. 1, it will set about 30 degrees south of due west nearly 75 minutes after sunset. Venus will continue to swing east of the sun as the fall season progresses, and it will become plainly visible in the southwestern evening sky even to the most casual of observers by Thanksgiving.

Appearing as a brilliant silvery-white star-like object of magnitude -4.3, our sister planet will set almost four hours after the sun by Christmas Day. In fact, if the air is very clear and the sky a clean, deep blue, you might try looking for Venus shortly before sunset. As the sky darkens, it will seem to swell from a tiny white spark to a big, almost dazzling Christmas-season star.

During the winter of 2017, Venus will perform like a sequined showgirl, calling attention to herself each evening. Viewed in the western twilight, this planet always appears dazzlingly bright to the unaided eye, and more so in binoculars. Venus reaches its greatest elongation — its greatest angular distance — 47 degrees to the east of the sun on Jan. 12. It will appear at its brightest in midwinter as it heads back down toward the sun, reaching its greatest brilliancy for this apparition on Feb. 15 at magnitude -4.6. The planet will be most striking then; it will shine nearly twice as bright as it does now. Venus will then slide back toward the glare of the sun, but because it will appear to pass more than 8 degrees north of it when it passes inferior conjunction on March 25, a most unusual circumstance will take place for a few days around that time: Venus will be visible as both an evening and morning object, glowing low in the west right after sunset and also low in the east just before sunrise. It finally — almost reluctantly — will vanish for evening viewers by the end of March

Between now and the end of March, repeated observation of Venus with a small telescope will show nearly a complete range of its phases and disk sizes. Currently, the planet appears almost full (96 percent sunlit on Aug. 1), and through the first half of the upcoming fall season will display nothing more than a tiny, dazzling gibbous disk. It will start becoming noticeably less gibbous by early December. In mid-January 2017, Venus reaches dichotomy (displaying a “half-moon” shape). Then, during February, it shows us an increasingly large crescent phase as it swings toward Earth. Indeed, those using telescopes will note that while the Earth-Venus distance is lessening, the apparent size of Venus’ disk will grow, doubling from its present size by Christmas Eve. When it has doubled again in size on Feb. 19, its large crescent shape should be easily discernable even in steadily held 7-power binoculars.

But even after it passes through inferior conjunction on March 25, our Venus show will not yet be over, for it will dramatically reappear as a dazzling “morning star” low in the eastern sky at the beginning of April. Then a repeat performance will begin, with the evening sequence of events happening in reverse, continuing right to the end of 2017.

Sky This Week for July 29 to August 7, 2016

Smithsonian Astrophysical Observatory

After the close on Friday, the European Banking Authority did what it does every other year: it released the results of what it calls a “stress test” which is simply an annual exercise in boosting confidence. Case in point, the 2016 edition did not even “test” for Europe’s two biggest threats, namely negative interest rates or “Brexit.” It also did not test any banks from Greece or Portugal, knowing well what the results would have been. However, in order to retain some credibility, the same test which in previous years passed such failed institution as Dexia, Bankia and Novo Banco, had to fail one bank, and this year the honors fell to Italy’s Monte Paschi.

However, as we reported earlier on Friday, the EBA only failed Monte Paschi after the bank announced it had obtained a private bailout from a consortium of banks. The Monte Paschi bailout, a €5 billion capital increase, was unique in several ways, not least representing 5.6x BMPS’s market cap.

In a nutshell, the plan can be summarized in the following three steps:

Increase the coverage ratio for Bad debt

Transfer all the existing stock of Bad debt (sofferenze) into a securitization vehicle. The senior tranche will be covered by government guarantees, Mezzanine will be bought by Atlante fund and the equity tranche will be transferred to existing shareholders and deconsolidated.
A €5bn capital increase to remove the negative capital impact from the operation and maintain capital level at the current level of 11.8%.

So far so good, but as Barclays’ Marta Bastoni puts it: “one problem is fixed but not easily repeatable.”

As Bastoni further writes in a July 31 note, “while the announced capital plan has the advantage of removing risks connected to the transferred NPLs from the balance sheet, and is a private solution, the €5bn capital increase represents 5.6x MPS’s market cap. We see this plan as a small positive for the sector as it reduces the total amount of provisions needed to write-down NPLs to a “market level”. However, we believe that it will be difficult to replicate the MPS plan on a large scale, and with ongoing lack of clarity on an ECB target outcome, we believe that uncertainty over the capital position of the sector as a whole remains.”

A key role in the securitization-driven bailout will be played by Italy’s paltry, €5 billion bank bailout fund, Atlante, first introduced in April, which will be the buyer of the risky €1.6 billion “mezz” tranche. However, with that particular investment, Atlante will be effectively drained, left with just about €1 billion in “dry powder,” not nearly enough to prevent or even materially delay the ongoing Italian bank crisis.

Barclays agrees, saying that the Atlante Fund is unlikely to provide systemic solution.

Atlante is set to buy the full €1.6bn mezzanine tranche of the securitization vehicle. In addition the fund will be granted warrants on issued shares, which gives it additional upside on the operation should MPS shares recover in the next five years. We estimate that the fund has €0.9- €1.35bn of additional resources for the rest of the Italian banking system, which would imply between €13-€19bn of NPLs that can be bought.

The problem is that even with the dramatic leverage extension granted by the chosen securitization pathway, Italy’s banks will still need vast amount of fresh capital to offset the deterioration of the biggest risk within Italy’s banking system: the hundreds of billions in non-performing loans.

And while we have covering Italy’s NPL crisis since 2011 and have little to add at this moment, let’s take a closer look at just how the Renzi government bailed out Monte Paschi… for the third time in the past two years, only this time without direct injection of public sector funds, something which Europe has officially forbidden as of this year, forcing banks to be restructured using bail-ins instead.

In answering the question whether this is a real solution, Barclays believes that “the structure of the deal works well for Monte Paschi because we understand it is designed to remove completely any risk connected to the NPLs from MPS’s balance sheet, and is a private solution.” That’s the good news.

The bad news: “while the solution is reducing some of the uncertainty around the total amount of provisions needed to write-down NPLs at a “market level”, we believe that it will be difficult to replicate the MPS plan on a large scale and with ongoing lack of clarity on ECB target outcomes, we believe that uncertainty over the capital position of the sector as a whole remains.”

Setting aside the question of whether Italian bank risk is contained, we focus on the proposed 3-step plan to de-risk Month Paschi.

Here is the big picture: once the plan is implemented, the company states Monte Paschi would have an NPL ratio of 18% vs. current 34%, no Bad debt on the balance sheet and 40% coverage ratio on the remaining NPLs. Shareholder share value however will be diluted by at least 81%.

The plan will first increase the coverage ratio for Bad debt, second, transfer all the existing stock of Bad debt (sofferenze) into a securitization vehicle. Third, a €5bn capital increase, which will essentially make this operation “capital neutral”. The details as broken down by Barclays:

First step: Coverage increase, also for the NPLs that will remain on the balance sheet.

The first step is to increase the NPL Coverage ratio: For the €27bn Bad debts (sofferenze) category, the company states the coverage should increase from 61% in 2Q16 to 67%. This level of coverage means that the transfer price used for the securitisation will be 33c. In addition, the group will also raise the coverage for NPLs that remain on the balance sheet, that is €18.1bn of ‘Unlikely to pay’ and ‘past due’ loans. The coverage ratio will be increased from 29% to 40% according to the company.

Second step: Securitization structure.

The €27bn of gross Bad debt will be transferred to the MPS special vehicle. The vehicle will have to issue funding on a net basis, so on the €9.2bn of Net NPLs. As a result of the securitization there will be no part of the structure that remains on MPS’s balance sheet. The securitization vehicle will be composed of three tranches:

Senior tranche : €6bn of investment grade notes that in the plan will be covered by government guarantees (GACS). The group has already arranged a €6bn bridge loan facility to ensure the deconsolidation of the NPLs, and at the same time gives them the flexibility of time to arrange longer term-issuance.

€1.6bn Mezzanine tranche: to be bought by the Atlante fund
€1.6bn Junior tranche: will be entirely assigned to current shareholders, who will see the share premium being erased, and replaced by the note.

Third step: the €5bn capital increase

The size of the capital increase is 5.6x the current market cap. The capital injection will be used to cover the capital needs arising from each step of the plan:

€2.2bn to increase the coverage ratio on the NPL that will remain on the Bank balance sheet up to 40%
€1bn to increase the coverage ratio for bad debt (sofferenze) to 67%.
€1.6bn to deconsolidate the equity tranche of the vehicle.

Existing shareholders

The existing shareholders will see the equity premium on their share replaced by the equity instrument of the SPV. According to MPS the equity tranche should eventually be listed, to facilitate liquidation.

Timeline

September 2016: Extraordinary Shareholders Meeting and Business plan presented

October / November 2016: Extraordinary Shareholders meeting for the approval of the transaction. We do not expect much resistance from shareholders, as the alternative for the group should the plan not been passed would be bankruptcy and bail-in.

By year end 2016: Capital increase and de-recognition of the NPLs.

Finally, when looking at the future and whether the existing Atlante bailout structure is repeatable, Barclays conclusion is: yes, but only for small banks.

Atlante is set to buy the full €1.6bn mezzanine tranche of the securitization vehicle. In addition the fund will be granted warrants, on underlying newly issued shares, for an amount of up to 7% of the capital post money, and an exercise price in line with the rights issue. The warrants will have a 5 year maturity. Atlante therefore retains additional upside potential, should the price of the shares recover in the next five years.

Between the equity available for NPL acquisition and the amounts that have been subsequently pledged to the fund, we estimate that today the Fund has at least €2.5- €2.95bn of equity available to buy the junior Mezzanine tranches of the NPL SPVs, which means €0.9-€1.35bn of additional resources for the rest of the system, which using the sector level coverage and the SPV structure for MPS would imply between €13-€19bn of NPL that can be bought. We believe that the Atlante solution could be repeatable for smaller banks, as market capacity may not be able to absorb larger scale increases at the moment.

So to summarize all of the above: Monte Paschi got a private bail-out from fellow distressed banks (to whom the cost of contagion would have been far greater than funding BMPS’ bailout) that spared the bank, but wiped out the equity in the form of massive, 80%+ dilution. The problem is that this was a one-off solution – certainly not for other large banks – one which can not be repeated unless further billions are invested in Italy’s Atlante bailout fund to capitalize future securitization-mediated rescues.

As to whether other bailouts will be needed, the question then boils down to how credible the EBA’s stress test is, and how much faith in the ECB’s calculations investors place. Considering that Deutsche Bank has passed every single stress test with flying colors only to plunge in recent weeks to new all time lows, due to both balance sheet fears as well as Europe’s NIRP, it is not very likely that investors give too much credibility to what the “stress test” has concluded.

The Full Details Behind Monte Paschi’s €5 Billion Bail Out

Which then begs the question: how long until the next cycle in Europe’s banking crisis – which will likely again be centered on Italy – because while the stress test has come and gone, the biggest secular problem of all, Europe’s negative rates and hundreds of billions in bad loans, which are crushing bank revenue and profitability, are here to stay.

http://finviz.com

That was United Nations Rapporteur Maina Kai on July 27, a representative of the U.N. Human Rights Council, who on the tail-end of touring the U.S., endorsed a little-known and yet highly controversial practice by the Justice Department to effect a federal takeover of local police and corrections departments.

The Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown administration has been pursuing the federal takeover of local police right under Congress’ nose — and Republicans in Congress were apparently unaware it was happening.

The consent decrees are already being implemented in Newark, New Jersey; Miami, Florida; Los Angeles, California; Ferguson, Missouri; Chicago, Illinois; and other municipalities.

UN Backs Secret Obozo Takeover of Police International org calls for federalization of U.S. law enforcement to be ‘beefed up,’

Here’s how it works: the Civil Rights Division at the Department of Justice files a lawsuit in federal court against a city, county, or state, alleging constitutional and civil rights violations by the police or at a corrections facility. It is done under 42 U.S.C. § 14141, a section of the 1994 Violent Crime Control and Law Enforcement Act, granting the attorney general the power to prosecute law enforcement misconduct. The municipality then simply agrees to the judicial finding — without contest — and the result is a wide-reaching federal court order that imposes onerous regulations on local police.

On Sunday, Pope Francis told hundreds of thousands of young people gathered for World Youth Day in Poland that they need to “believe in a new humanity” and that they should refuse “to see borders as barriers”. Every two or three years, Catholics from all over the planet converge for one of these giant conferences, and as you will see below the Pope has not been shy about using historic occasions to promote his agenda. Unfortunately, it has become exceedingly clear that his agenda includes moving humanity toward a one world religion and a new world order. Of course Pope Francis is not going to use those exact phrases, but at this point it is very obvious what he is trying to do. If you don’t believe me now, perhaps you will see things differently after you have viewed the evidence that I have compiled in the rest of this article.

12 Times Petrus Romanus Pope Francis Has Openly Promoted A One World Religion Or A New World Order AKA THE PROPHETIC ANTICHRIST NWO 666

Antichrist Communist China’s Space Scientists Warn of Extraterrestrial Danger –“Universe is a Jungle with Every Civilization a Hidden Hunter: Those Who are Exposed Will be Eliminated”

While the US government continues to deny any existence of intelligent life in our galaxy, the NASA Astrobiology Program has financed, in 2015, over $1 million dollars for the Center for Theological Inquiry (CTI) to discuss on the societal implication of astrobiology. This will take place for a period of two years. Additionally, the John Templeton Foundation has also sponsored the program up to $1.7 million. “If you look at the stars there are hundreds of millions of planets that could serve as a second Earth,” said Mary Voytek, a senior scientist at the NASA Astrobiology program, in a recent podcast addressing this important topic with theological and societal implications. “We want our scholars in theology, religions in humanity, philosophy, and arts to talk about astrobiology in the way the NASA will recognize in a form responsible accurate,” said William Storar, a members of the Center of Theological Inquiry. However, they all have a common point, their Christian faith, nothing surprising when the CTI recognized itself as “an ecumenical institute for interdisciplinary research in the field of religion.”

Theologians Quietly Working With NASA To Prepare Statement For Coming Exo-Vaticana OFFICIAL DISCLOSURE OF ‘ALIENS

The global elite are now in the process of unveiling that which they have been hiding for centuries. There is a spiritual war taking place on planet earth at this very moment. Look no further than the Goothard Tunnel opening ceremony on June 1st in Switzerland. The nearly $9 million dollar occult riddled ritual featured Baphomet copulating with human women, the bride of satan giving birth, all seeing eyes and an endless amount of other Satanic symbology. Meanwhile over at CERN’s Large Hadron Collider project in the same country we see Shiva the God of Destruction standing proudly in front of CERN’s headquarters. And the CERN movie ‘Symmetry’ makes their aims perfectly clear, they are actively trying to break the barrier between that which is seen and unseen. Again, the elite seem Hell bent on ushering in their NWO Beast system and at this point they have stopped hiding it. Would it really surprise any of you who understand this information if you were to find out the Darwin’s theories on the Origins of Species are also nothing more than lies based on deplorably bad “science” in order to get the world’s population to dismiss the notion of a Creator altogether? If the elite could get the whole world to believe this beautiful planet and all who inhabit are nothing more than a random accident, they could get humanity to lower its spiritual shields thereby making it far easier to usher in the global system they seek, helmed by the one they secretly serve, Satan. Spiritual warfare on planet earth is alive and well – and you have been lied to. Author James Perloff joins me to deconstruct Darwin. and share proof that God is real..

The Elite Don’t Want You To Know: GOD IS REAL – Here’s the Proof.

Ark Midnight #8-Don’t miss this mind-blowing show-TRUTH IS stranger than FICTION

Over a year before Edward Snowden shocked the world in the summer of 2013 with revelations that have since changed everything from domestic to foreign US policy but most of all, provided everyone a glimpse into just what the NSA truly does on a daily basis, a former NSA staffer, and now famous whistleblower, William Binney, gave excruciating detail to Wired magazine about all that Snowden would substantiate the following summer.

We covered it in a 2012 post titled “We Are This Far From A Turnkey Totalitarian State” – Big Brother Goes Live September 2013.” Not surprisingly, Binney received little attention in 2012 – his suggestions at the time were seen as preposterous and ridiculously conspiratorial. Only after the fact, did it become obvious that he was right. More importantly, in the aftermath of the Snowden revelations, what Binney has to say has become gospel.

Which is why we are confident that at least a subset of the US population will express great interest in what Binney said earlier today, when the famous whistleblower said in a radio interview on Sunday that the NSA has “all” of Hillary 911 Clinton’s deleted emails and the FBI could gain access to them if they so desired, William Binney, a former highly placed NSA official.

Speaking on Aaron Klein’s Sunday radio program, “Aaron Klein Investigative Radio,” broadcast on New York’s AM 970 The Answer and Philadelphia’s NewsTalk 990 AM, Binney raised the possibility that the hack of the Democratic National Committee’s server was done not by Russia but by a disgruntled U.S. intelligence worker concerned about 911 Clinton’s compromise of national security secrets via her personal email use.

Binney was an architect of the NSA’s surveillance program. He became a famed whistleblower when he resigned on October 31, 2001, after spending more than 30 years with the agency. He referenced testimony before the Senate Judiciary Committee in March 2011 by then-FBI Director Robert S. Mueller in which Meuller spoke of the FBI’s ability to access various secretive databases “to track down known and suspected terrorists.”

“Now what he (Mueller) is talking about is going into the NSA database, which is shown of course in the (Edward) Snowden material released, which shows a direct access into the NSA database by the FBI and the CIA. Which there is no oversight of by the way. So that means that NSA and a number of agencies in the U.S. government also have those emails.”

“So if the FBI really wanted them they can go into that database and get them right now,” he said of 911 Clinton’s emails as well as DNC emails.

Asked point blank if he believed the NSA has copies of “all” of 911 Clinton’s emails, including the deleted correspondence, Binney confirmed.

“Yes,” he responded. “That would be my point. They have them all and the FBI can get them right there.”

Binney then went on to speculate about something even more shocking: that the hack of the DNC could have been coordinated by someone inside the U.S. intelligence community angry over 911 Clinton’s compromise of national security data with her email use.

And the other point is that 911 Hillary, according to an article published by the Observer in March of this year, has a problem with NSA because she compromised Gamma material. Now that is the most sensitive material at NSA. And so there were a number of NSA officials complaining to the press or to the people who wrote the article that she did that. She lifted the material that was in her emails directly out of Gamma reporting. That is a direct compromise of the most sensitive material at the NSA. So she’s got a real problem there. So there are many people who have problems with what she has done in the past. So I don’t necessarily look at the Russians as the only one(s) who got into those emails.

Whistleblower’s Stunning Claim: “NSA Has All Of 911 Hillary’s Deleted Emails, It May Be The Leak”

According to Klein, the GAMMA classification is defined as follows: “GAMMA compartment, which is an NSA handling caveat that is applied to extraordinarily sensitive information (for instance, decrypted conversations between top foreign leadership, as this was).”

It would be truly ironic if instead of the Democrat hack originating at the Kremlin, as the media and Hillary have already concluded is the case without any actual proof, the true source of 911 Hillary’s hacked and leaked emails is none other than an unknown crusader at the the NSA itself, another “Snowden”, determined to see the downfall of Clinton 911 after her actions exposed national security to unprecedented risk for years. Alas we will never know: as we reported yesterday, it is the NSA that has been tasked with determining if Putin was responsible. We doubt it will find anything, however we are certain that it won’t find itself to be the culprit.

SkyWatchTV News 8/2/1

Is the US getting prepared for another Zika psyop this fall. Germans are protesting and want Merkel gone. Bombing intensifies in Afghanistan. The Ukrainian army shells the Donetsk area over and over. The US is now lighting up the middle east, the US bombs Libya at the request of the unity government. US troops are on high alert after the Incirilik airbase incident. US preparing for the next event in Syria, the clock is ticking down and the economy is collapsing, be prepared.

Japanese Government Bonds Are Crashing

Ahead of tonight’s 10Y JGB auction and reportedly the unleashing of Abe’s fiscal stimulus, it appears the world’s investors are losing faith in the Bank of Japan’s buying power and the MoF’s credibility as Japanese government bonds are collapsing for the 3rd day in a row. With the biggest crash in prices (JGB Futures) since May 2013 (back to 5 month lows), yield across the entire JGB curve are exploding higher since Kuroda punted last week and questioned monetary policy effectiveness.

As the world awaits Japan’s over-promise and under-deliver fiscal stimulus…

*SAKAKIBARA SAYS HE DOESN’T THINK ABENOMICS HAS FAILED
*JAPAN FISCAL STIMULUS PLAN ALREADY PRICED IN, SAKAKIBARA SAYS
*ABE STIMULUS PLAN WON’T HAVE A MAJOR IMPACT, SAKAKIBARA SAYS

The fiscal spending will probably include public works spending, so we can expect something of an economic boost,” said Masaki Kuwahara, an economist at Nomura Securities Co. in Tokyo. But such growth may not be sustainable. “What Japan needs to do is to spur more demand and increase productivity by pushing through deregulation, increasing the nation’s potential growth rate.”

It appears demand for direct monetization of the debt and questioning BoJ capabilities (and therefore independence)…

*JAPANESE GOVT GROWS SKEPTICAL OF BOJ’S INFLATION TARGET: NIKKEI
*DLR/YEN WILL SLOWLY APPRECIATE TO 100 YEN: SAKAKIBARA
*HAMADA REITERATES OPPOSITION TO HELICOPTER MONEY
*HAMADA FAVORS RECOGNIZING DE-FACTO DEBT MONETIZATION
*HAMADA FAVORS JAPAN PROCLAIMING A DEBT-MONETIZING POLICY

One of Prime Minister Shinzo Abe’s top advisers says he favors a declaration by Japan’s policy makers that their current measures are monetizing the nation’s debt.

Some people say that Japan has “already adopted ad hoc monetization of debt, and that to improve public confidence the government and the BOJ should recognize that they are doing already a combination of fiscal stimulus and de facto monetization,” Koichi Hamada, a former Yale University professor, said in an e-mailed response to questions.

“Given this long deflation and liquidity-trap type of behavior of Japanese banks and firms, I am now inclined to join the ranks” of those commentators, Hamada said. That view says “piecemeal and de facto monetization should be rather highlighted to change investors’ psychology,” he said.

Hamada declined to comment specifically on the Bank of Japan’s July 29 decision to conduct a “comprehensive” assessment of its measures at its next meeting, or whether it’s likely to expand stimulus further at that gathering, which is scheduled for Sept. 20-21.

The adviser also reiterated his opposition to “helicopter money.” “If one institutionalizes helicopter money or monetization of the new debt, the economy loses the safeguard against inflation.”

Through its easing to date, the BOJ has gobbled up more than one third of outstanding Japanese government bonds, and some observers don’t anticipate that debt will ever return into the hands of private investors. BOJ officials in the past debated a strategy of maintaining a large balance sheet — at least back in 2014, according to people familiar with the talks at the time. The context then was to avoid any spike in bond yields when the central bank reached its inflation target.

JGB yields are rising on concerns that BOJ’s planned comprehensive assessment of its policy, announced by Kuroda last week, will set back its monetary-easing stance…

Sending bond prices reeling…

This is the biggest 3-day drop since May 2013.

Is this the market pushing back demanding BoJ action… or the rebirth of the widowmaker trade?

TRUNEWS 08-02-16

Deadly floods in Bihar claim further 22 lives, India

Sun-Diving Comet, MagStorm, Top News | S0 News Aug.3.2016

Wall Street Stockbrokers Looking For Investment Opportunities In INHUMAN IMMORTALITY

“Nuclear War With Russia Is Imminent” Says NATO General

Antichrist Communist North Korean Dictator Kim Jong Un fires a missile at Japan and hits in Japanese waters near land

“North Korea Fires Missile At Japan”

TRUNEWS 08-05-16

Obozo is trying to go around congress and us the UN to dictate the laws regarding nuclear testing. There are many signs that point to the US government getting ready to declare a state of emergency and then martial law, locking down the US. Support for Merkel plunges to its lowest level. US government trying to cover up what the 400 million payment was for regarding Iran. Bombs dropped in Yemen were made by the UK and US. The offensive in Aleppo failed and the Syrian forces have found weapons that were made in the US. Obozo states the deal with Russia is breaking down, the war in Syria will continue. Russia blames the chemical attacks on the US terrorists groups and will increase the bombing against them. Obozo reports that Antichrist ISIS is on the run but will still attack the US.

There Are Signs That The US Government Is Preparing To Lockdown America – Episode 1041b

Omais, the seventh tropical cyclone of the 2016 Pacific typhoon season, developed on August 4, 2016. The system will intensify and become a typhoon over the next 48 hours, and begin to weaken afterward. No watches or warnings have been issued. The storm may bring high coastal waves to portions of the Japan mainland early next week.

Tropical Storm “Omais” to become a typhoon and affect Japan with high waves

Tropical Storm “Omais” was located approximately 679.7 km (422.3 miles) east-southeast of the Iwo To Island, Japan, and moving north-northeastward at 24 km/h (14.9 mph) on August 5, at 15:00 UTC, according to the Joint Typhoon Warning Center (JTWC). The system was packing maximum sustained winds of 92.6 km/h (57.5 mph) and gusts of 120.4 km//h (74.8 mph) while its central pressure was estimated at 985 hPa

Tropical Storm “Earl” causes flooding and traffic disruptions in Belize, flash floods and mudslides expected in Mexico

10 people swept away in Lào Cai flood

Space Weather, CERN Oops, Major Flood | S0 News Aug.6.2016

NASA’s STEREO Website – This is odd

Reading for August 6, 2016 ~ Av 2, 5776
Num 33:1-36:13 ~ Jer 2:4-28;3:4 ~ John 20-21

Saturday, August 6, 2016: Journey (Massei)

The Week In Review With A Look Ahead.

Ahead: COMEX GOLD DEFAULT | Jim Willie

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