2115 Gleaning Antichrist NWO 666 Obozo The 911 POTUS Clown Team ”IS” Going To Hell And Nothing Shall ”Change” That Fact Ever
The discovery marks the first time a ring system has been seen existing outside of our solar system.
Astronomers have discovered a massive ring system circling the exoplanet or brown dwarf dubbed J1407b. One scientist referred to it as a “super Saturn” due to its size. In fact, it may even be home to a moon the size of Earth..
And now ye know what withholdeth that he might be revealed in his time. 7 For the mystery of iniquity doth already work: only he who now letteth will let, until he be taken out of the way.
8 And then shall that Wicked be revealed, whom the Lord shall consume with the spirit of his mouth, and shall destroy with the brightness of his coming: 9 Even him, whose coming is after the working of Satan with all power and signs and lying wonders,
10 And with all deceivableness of unrighteousness in them that perish; because they received not the love of the truth, that they might be saved.
11 And for this cause God shall send them strong delusion, that they should believe a lie:
12 That they all might be damned who believed not the truth, but had pleasure in unrighteousness.
As I have written on a number of occasions, facts no longer play a role in American political life. Fact-based analysis is also disappearing from academic life and no longer plays a role in official economic reporting. A matrix has been created, an artificial reality that channels the energies and resources of the country into secret agendas that serve the interests of the ruling private interest groups and neoconservative ideology.
The United States government and the American people cannot contend with reality, because they do not know what the reality is.
In America’s make-believe world, neoconservative toadies such as New York Times columnist Thomas Friedman, set the Group-Think tone, while knowledgeable experts such as Stephen Cohen are tuned out.
In effect, America is both blind and deaf. It lives in delusions. Consequently, it will destroy itself and perhaps the world.
Antichrist NWO 666 Obozo The 911 Clown is and has been the ruination of our once great and feared conservative nation but it is now becoming irreligious, feckless and subject to the moods and desires of a man who is unquestionably a phony actor pretending to be a Christian all the while damning Christianity and those who practice its teachings, including its most ardent bishops and priests.
He coddles all things and persons Islam/Muslim, supplanting our once conservatively fearless men of war in the military service for namby-pamby, diaper-wearing infants. THERE ARE NO RECOGNIZABLE CONSERVATIVELY MOTIVATED WARRIORS LEFT IN OUR MILITARY. The corrupt United Nations awaits the ceding of our sovereign national identity.
Antichrist NWO 666 Obozo The 911 POTUS Clown has replaced all of the leadership positions in our military with flat-out, Muslim-loving, throat-slitting cowards who hide behind covered faces and beards. He claims to fight the rogue Antichrist ISIS Muslims, but orders infantile weakness from the military assigned to oppose these Islamic terrorists and allows the insurgents to terrorize and maraud openly against peaceful nations of which the United States is one. And he disavows the combination of the titles Antichrist Islamic terrorist as if lately there were any others.
The ability to travel in the United States is about to become more restrictive as the TSA announces it will soon be enforcing new identification standards in American airports.
Beginning in 2016, passengers attempting to pass through a federal TSA checkpoint will be subject to the requirements of the REAL ID Act. To that end, the TSA will put higher scrutiny on travelers’ identities, and will only accept a federal passport or a “REAL-ID” card, which is issued by the states to meet federal requirements. Passengers will not be allowed to fly through an American airport without submitting to the advanced federal specifications.
Congressman Ron Paul (R-TX), who was perhaps its most outspoken critic. Dr. Paul, a former presidential candidate, called REAL ID a “Trojan horse” which “transform[s] state drivers licenses into de facto national ID cards.” In an impassioned speech on the House floor on February 9, 2005, Paul laid out a number of specific objections to H.R. 418:
This bill establishes a massive, centrally-coordinated database of highly personal information about American citizens: at a minimum their name, date of birth, place of residence, Social Security number, and physical and possibly other characteristics. What is even more disturbing is that, by mandating that states participate in the “Drivers License Agreement,” this bill creates a massive database of sensitive information on American citizens that will be shared with Canada and Mexico!
This bill could have a chilling effect on the exercise of our constitutionally guaranteed rights. It re-defines “terrorism” in broad new terms that could well include members of firearms rights and anti-abortion groups, or other such groups as determined by whoever is in power at the time. There are no prohibitions against including such information in the database as information about a person’s exercise of First Amendment rights or about a person’s appearance on a registry of firearms owners.
The end of traditional biometric and password security? US Military signs deal for new ID verification system A new form of identity verification could be in the works after the US military signed a deal for “next gen passwords”.
The deal will see the development of a “cognitive” identity verification system at West Point, the home of the US army’s military academy.
The thinking behind the new system is to overcome the existing limitations of traditional biometric (i.e fingerprint and iris recognition) and password-based verification systems.
Instead, the multimillion-dollar contract for researchers at West Point, is to develop new technology that works on “cognitive fingerprints” rather than physical characteristics such as palms, face, DNA or iris recognition.
“Just as when you touch something with your finger you leave behind a fingerprint, when you interact with technology you do so in a pattern based on how your mind processes information, leaving behind a ‘cognitive fingerprint’,” the contract document reportedly says.
“The biometrics program is creating a next generation biometric capability built from multiple stylometric/behavioural modalities using standard Department of Defence computer hardware.”
Stylometrics is currently used to check academic authorship and plagiarism, and essentially it does an analysis of how text is constructed.
And according to Sky it seems that the American military expects to develop the system for encrypted data communications across all of its services, as part of the Defence Advanced Research Projects Agency active authentication programme. International Biometric Group (IBG) was awarded a $3m (£2m) contract to carry on previous security identification work undertaken for West Point.
When this verification system migrates to the civilian world, it is expected to be used for personal verification in online banking, shopping and even the “internet of things”.
In Addition To Anything That Ultimately May Be “Implanted” In Your Body Or “Scanned” On Your Face Or Hands, The US Military Is Developing “Invisible Biometric Passwords” That Will Identify You By The Way You “Think, Move”
Harvard Professor Margo Seltzer warned that miniature mosquito drones will one day forcibly extract your DNA on behalf of the government and insurance companies as she told elitists at the World Economic Forum in Davos that privacy was dead.
Seltzer, a professor in computer science at Harvard University, told attendees, “Privacy as we knew it in the past is no longer feasible… How we conventionally think of privacy is dead.”
Seltzer went on to predict that in the near future, mosquito-sized robots would perpetually monitor individuals as well as collecting DNA and biometric information for governments and corporations.
“It’s not whether this is going to happen, it’s already happening,” said Seltzer on the issue of pervasive surveillance. “We live in a surveillance state today.”
The professor added that miniaturized drone technology should be used for benevolent purposes, such as sending the same device into an Ebola ward to “zap the germs”.
Fellow Harvard academic Sophia Roosth also warned that an era of “genetic McCarthyism” was on the way as a result of people’s personal genetic information being available to governments via the Internet.
However, another speaker, tech entrepreneur Anthony Goldbloom, told the panel that young people no longer cared about surveillance issues and were perfectly willing to trade privacy for convenience.
“People often behave better when they have the sense that their actions are being watched,” said Goldbloom, seemingly invoking O’Brien from George Orwell’s 1984.
As we reported yesterday, Google CEO Eric Schmidt, who is not known for his strong advocacy of privacy, greased the skids for the introduction of an Internet brain chip when he told Davos attendees that the world wide web would “disappear” as an external concept
Any child then born would have DNA from two eggs and one sperm – and so effectively have two mothers and one father
The legislation would mean Britain would become the first country in the world to sanction the creation of babies that effectively have three parents.
However, critics, including campaigners Human Genetics Alert, believe the law is a ‘slippery slope’ to producing designer babies.
It has been said that those that do not learn from history are doomed to repeat it.
Perhaps you believe that there is something to “the Shemitah”, or perhaps you think that it is all a bunch of nonsense.
But at least now you know what everyone is talking about. What you choose to do with this information is up to you.
But there was more to the Shemitah year than just letting the land lie fallow.
On the last day of the Shemitah year, the people of Israel were instructed to perform a releasing of debts. We find the following in Deuteronomy chapter 15…
At the end of every seven years you shall grant a relinquishing of debts. This is the manner of the relinquishing: Every creditor that has loaned anything to his neighbor shall relinquish it. He shall not exact it of his neighbor, or of his brother, because it is called the Lord’s relinquishment.
This happened at the end of every seven years on Elul 29 – the day right before Rosh Hashanah on the Biblical calendar.
So what does this have to do with us today?
Well, if you go back to the last day of the Shemitah year in 2001, you will find that there was an absolutely horrifying stock market crash.
On September 17th, 2001 (which was Elul 29 on the Jewish calendar), we witnessed the greatest one day stock market crash in U.S. history up to that time. The Dow fell an astounding 684 points, and it was a record that held for precisely seven years until the end of the next Shemitah year.
At the end of the next Shemitah year in 2008, another horrifying stock market crash took place. On September 29th, 2008 the Dow plummeted 777 points, which still today remains the greatest one day stock market crash of all time. It turns out that September 29th, 2008 corresponded with Elul 29 on the Jewish calendar – the precise day when the Bible calls for a releasing of debts.
So on the very last day of the last two Shemitah years, the stock market crashed so badly that it set a brand new all-time record.
And now we are in another Shemitah year. It began last fall, and it will end next September.
Could it be possible that we will see another historic market crash?
Author Jonathan Cahn has correctly pointed out that we should never put God in a box. Just because something has happened in the past does not mean that it will happen again. But we should not rule anything out either.
Perhaps God is using His calendar to make a point. Cahn believes that if we are going to see something happen, it will probably occur as the Shemitah year comes to an end…
Cahn has pointed that, according to his research, the worst of the worst usually happens at the end of the Shemitah year, not at the beginning. In fact, the last day of the year, Elul 29 on the Hebrew calendar, which will occur on Sept. 13, 2015, is the most dreaded day.
The pattern revealed in “The Mystery of the Shemitah” is that the beginning of the Shemitah’s impact is often subtle, but leads to a dramatic climax.
“The beginning may mark a change in direction, even a foreshadow of what will come to a crescendo at the Shemitah’s end,” he said.
And this time around, far more people are paying attention. Back in 2001 and 2008, most Americans had absolutely no idea what a “Shemitah year” was. But now it is being talked about on some of the most prominent alternative news websites on the Internet. For example, the following is what Joseph Farah of WND has to say about the Shemitah year…
Farah believes the date Sept. 13, 2015 bears close watching – though he is quick to admit he has no idea what, if anything, will happen in America.
“A clear pattern has been established,” he says. “I don’t believe it’s a coincidence what happened in America on Elul 29 in 2001 and 2008. It would be foolish to ignore the possibility that a greater judgment might be in the works – especially if America continues to move away from God and His Word.”
The Shemitah year that we are in now does end on September 13th, 2015 – and that falls on a Sunday so the markets will be closed.
But when it comes to the Shemitah, we aren’t just looking at one particular day.
And it is very interesting to note that there will also be a solar eclipse on September 13th, 2015. Over the past century, there have only been two other times when a solar eclipse has corresponded with the end of a Shemitah year. Those two times were in 1931 and 1987, and as Jonathan Cahn has told WND, those solar eclipses foreshadowed major financial disasters…
Nomi Prins: The Sinister Evolution Of Our Modern Banking System
I quit Wall Street and decided that it was time to talk more about what was going on inside it, as it had changed. It had become far more sinister and far more dangerous.
~ Nomi Prins
Today, the ‘revolving door’ connecting our political and financial systems is evident to anyone with eyes. But this entwined relationship between Washington DC and Wall Street is nothing new, predating even the formation of the Federal Reserve.
To chronicle the evolution to where we find ourselves today, we welcome Nomi Prins, Wall Street veteran turned financial industry reformist, and author of the excellent expose All The Presidents Bankers.
In this well-detailed interview, Nomi goes into depth of the rationale and process behind the creation of the Federal Reserve, and more important, how its mandate — and the behavior of the banking system overall — metastasized into the every-banker-for-himself regime of sanctioned theft we now live with.
We see central banks supporting all of this mess, as opposed to figuring out what the exit policy is — which none of them have a clue about. That’s really where we’ve evolved to.
Click the play button below to listen to Chris’ interview with Nomi Prins (52m:45s)
On Friday Russia’s ambassador in London, Alexander Yakovenko, was summoned to account for the incident, which some experts suggest was deliberately timed to coincide with the launch of the official inquiry into the murder of Russian dissident Alexander Litvinenko.
The former KGB agent, who fled to Britain to become one of the Kremlin’s most vocal critics, died from radiation poisoning in 2006 after drinking tea laced with polonium.
Last week’s security scare was branded an “escalation” of Russian aggression because Russian bombers do not usually fly so far south of Scotland, and happened a month after Foreign Secretary Philip Hammond said Britain was concerned about the “extremely aggressive probing” of its airspace by Russia.
More than 100 Russian aircraft were intercepted over the North Sea, the Baltic Sea and the Atlantic Ocean by Nato allies last year, three times more than during 2013. Eight of those flights were over Britain.
During the Cold War it was common practice for Soviet military aircraft to carry nuclear weapons, though the practise ended following the downfall of the Soviet Union in 1991. However, it was recently resumed by Moscow.
Experts said the latest manoeuvres showed Russia was “upping its game”.
Sources within the Ministry of Defence last night revealed that one of the two long-range bombers was carrying at least one air-dropped “seek and find”d nuclear warhead-carrtying missile, designed to seek and destroy a Vanguard submarine.
In short, the situation is getting more strained, not less, and it has the very real chance of blossoming into something far larger and more deadly than the sparse coverage in the Western press might imply. If it looks like a war, acts like a war and smells like a war, it may just be a war. These events should concern everyone greatly, but especially European readers.
The main question is whether the world possesses a mechanism by which it can stop a military conflict from escalating to a point at which one or more sides might decide to use weapons of mass destruction — or at least guarantee that they will not use such weapons under any circumstances.
With the nightmares of the early 1980s so distant and long forgotten now, we have become lulled into a false sense of security. What’s more, the worst villains to appear in the last 20 years were no match for the world’s major powers.
Even though doubts persist as to whether former Iraqi President Saddam Hussein ever held weapons of mass destruction, and despite the West’s subsequent difficulties in implementing a functional institutional process in that country, nobody ever doubted during the Gulf War that military intervention would succeed, at relatively minimal cost, in eliminating whatever threat Iraq posed to the international community.
Now, an entirely different situation has arisen as the fears of the Soviet Union that some Western ideologists held during the Cold War are becoming a reality — almost 25 years after that country has ceased to exist. And with Russia threatening to withdraw from the restraints imposed by mutual arms controls agreements signed since the Cold War, the nuclear threat is experiencing a rebirth.
Does the modern world possess the necessary resources to once again eliminate that threat and diffuse this ticking time bomb — and to do so before even one part of the world becomes, if not a “nuclear wasteland,” then a heap of ruins full of dead bodies and flesh-eating dogs?
Can today’s politicians accomplish what Reagan and Gorbachev did almost 30 years ago? Does today’s global community — more emancipated than it was 20 years ago, with individuals just as desirous of living out their natural lives — have the resources to avert disaster?
Can mankind rely on the political resources of national and international institutions? Is there a some way to ensure that if a world leader reaches for the “red button,” we will all have time to take cover?
So far, there are no comforting answers to these questions.
Croatian government have gotten creditors on board a plan to erase the debts of some 60,000 poorest citizens. The “fresh start” scheme targets less than 1 percent of the entire debt, but is hoped to boost the economy in the long-term.
In addition to debt erasing Milanovic’s government is considering other measures to help its debt-stricken citizens amid the economic recession, which has been plaguing the country for six years in a row. Zagreb wants to follow the example of Bulgaria and fix a favorable exchange rate for mortgage loans taken in Swiss francs.
The Swiss currency was popular among lenders due to its long-running stability, and mortgage loans denominated in francs were popular in many Eastern European nations. But the economic turmoil in the Eurozone put pressure on the Swiss franc, which was pegged against the euro since 2011, when market volatility made investors rush to the Swiss safe-haven currency.
The pegging ended in mid-January, sending the franc’s value up 20 percent against other currencies. This led to franc-denominated debts costing much more for foreign borrowers.
Hungary was lucky to dodge the damage due to a program launched by the government of Prime Minister Viktor Orban in 2011, which forced a conversion of franc-denominated mortgages into the Hungarian national currency at a fixed rate. Banks operating in the country took the hit, but now the Hungarian government is celebrating saving its citizens from a hard fall.
Poland and Romania are considering a similar move, while Croatia has amendments to its Credit Institutions Act already floating in the legislature.
As a reminder, the contentious topic at the heart of the latest scandal rocking Europe is that the new Greek government has said it wants to negotiate to halve the country’s debt, which still amounts to more than 315 billion euros despite a debt restructuring at the start of 2012 that cut the burden by some 100 billion euros.
Of course, Germany’s position has been known for a long time because despite all the posturing, Germany’s interest are quite aligned with those of the ECB: because while German politicians can posture all they want about the specter of hyperinflation due to money printing, they know full well that without the ECB backstop, not only is the Deutsche Mark coming back with a bang, but Deutsche Bank, perhaps the world’s TBTF bank, would promptly topple over in the process crushing the Germany economy. Which is why when it comes to Greece, Merkel’s interest are identically aligned with those of the ECB, which in turn are dictated by Goldman and the rest of the banking cartel as well as the BIS/MIT diaspora.
And then something unexpected happened: the socialists came to the rescue when they voiced their support to their ideological peers in Greece. First, it was France whose finance minister said that France is “more than prepared to support Greece.” And now it is Obama’s turn who as the WSJ reported, has “expressed sympathy for the new Greek government as it seeks to rollback its strict bailout regime, saying there are limits to how far its European creditors can press Athens to repay its debts while restructuring the economy.”
What he means, of course, is that it is easy to issue trillions in debt – as a reminder, under Obama total US debt has risen well over 70% in just 6 short years, rising above $18 trillion – when i) one is the reserve currency and ii) when central banks, first the Fed and then every other one, have sworn to monetize government debt across the globe, leading to 16% of global government debt trading with a negative yield. It will be the task of another president to put together the pieces of this unprecedented debt splurge when one day, inevitably, the USD no longer is the world reserve or, inevitably, when first then another, then all central banks lose credibility, and instead of bonds trading with negative yields, said yields hit positive infinity once the long deferred hyperinflation finally strikes.
And just like that the “bogey” for the Greek debt haircut has been set, and at this point it is only a matter of finding where the bid and ask of the two negotiating parties end up crossing several days, or hours before the clock strikes midnight on February 28.
The only question is what happens to the ECB holdings of Greek debt which will inevitably get impaired in even a modest debt restructuring. There is of course the private-sector route: give the ECB and/or Troika a part of the post-petition equity of Greece in exchange for their impaired debt. After all they already controll all of it everywhere but on paper. Why not just formalize it. And after all, if Greece is set on never exiting the Eurozone as even the current government has implied, it may as well sell some equity to the ECB or any other interested party and just make it official.
Despite Angela Merkel’s insistence on numerous occasions this past week that there will be “no debt renegotiations,” it appears a schism at the core of Europe is opening. As France24 reports, following a meeting between France’s finance minister Michel Sapin and Greece’s finance minister Yanis Varoufakis, the press conference had a considerably more amicable tone that Friday’s Dijsselbloem dissing. “France is more than prepared to support Greece,” Sapin said adding that Greece’s efforts to renegotiate were “legitimate.” Sapin urged a “new contract between Greece and its partners.”
Perhaps Merkel should remember her nation’s own history?
Marina Prentoulis, a senior lecturer at the University of East Anglia and Syriza’s London spokesman, said that Europe’s austerity drive had left an entire generation in Greece with “no future”.
“We are not going to enforce the austerity programmes, what we call the memoranda, it created a huge humanitarian crisis, she said. People have been working all their lives and their pensions have been slashed to 40pc,” she told the BBC’s Andrew Marr Show.
“We have huge unemployment – 27pc. And 60pc for young people. This means that they have created a generation that has effectively no future. They have destroyed any employment rights. So this has to stop. This programme Syriza has pledged is not going to be enforced any more.”
Angela Merkel, the German Chancellor, has ruled-out cancelling more of Greece’s national debt, which has climbed to more than 175pc of gross domestic product (GDP). However, Ms Prentoulis said Germany should “remember it’s own history”.
“In 1953 a big part of the German debt was written off and then the repayments were associated with growth. This is what Syriza is asking for Greece as well,” she said.
The German chancellor Angela Merkel has ruled out debt cuts for Greece, saying Athens had already been forgiven billions of euros by private creditors and banks.
The left-wing party Syriza emerged victorious from last week’s elections after vowing to halve Greece’s debt. Greece’s new government insists it will honour pre-election promises to cut the country’s rescue loans and scrap painful budget measures that were demanded by the troika – the European Commission, European Central Bank and International Monetary Fund – in exchange for the bailout.
Merkel said in an interview with the Berliner Morgenpost, published on Saturday, that Europe will continue showing solidarity with Greece and other strugglers “if these countries undertake their own reform and saving efforts.”
she stressed that Germany still wants Greece to stay in the eurozone.
Greece’s new finance minister Yanis Varoufakis has already refused to work with the troika of international lending partners.
In a statement on Friday, he said his country would not ask for an extension of the bailout program, “which is rejected by the people”.
He gave no indication of what Greece would do if it cannot reach an agreement by the 28 February deadline. The centre-right New Democracy party, which lost power in Sunday’s election, said the new government “does not understand what it is about to do.”
The Prime Minister Alexis Tsipras’ government also sacked the heads of the state privatisation agency after halting a series of state asset sales.
Asked whether there will be a debt cut for Greece, Merkel replied: “I don’t see a further debt haircut.”
A week ago many were surprised to learn that in his attempt to “fight deflation”, the ECB’s Mario Draghi unleashed the biggest deflationary wave of all time, when in the aftermath of the ECB’s NIRP policy, and subsequently QE, an unprecedented €1.4 trillion in European debt with a maturity of more than 1 year traded down to subzero, as in negative, yields.
But what happens if one expands the Eurozone NIRP universe to include the debt of other countries including Japan, Denmark, Sweden, Switzerland and so on? Conveniently, JPM has done the analysis and finds that a mindblowing $3.6 trillion of government debt traded with a negative yield as recently as last week. This represents 16% of the JPM Global Government Bond Index, or in other words nearly a fifth of all global government debt is now trading with a negative yield, meaning investors pay sovereigns, using other people’s money of course, for the privilege of buying their issuance!
There is currently €1.5tr or $1.7tr of Euro area government bonds of greater than one year maturity trading with negative nominal yields, almost all of them of core euro governments of up to 5 years maturity. This figure rises to $1.8tr if one adds $16bn of Swedish, $60bn of Swiss and $45bn of Danish government bonds currently trading with a negative yield. Almost all Japanese government bonds are trading with positive yields this week, but last week around $1.8tr of them were trading with a negative yield. So the total universe of government bonds traded with a negative yield was $3.6tr last week or 16% of the JPM Global Government Bond Index.
The logical follow up question: as the entire world appears slowly but surely headed to a uniform NIRP platform, where every single sovereign’s debt will have a negative yield thanks to one or more central banks’ guarantees that said debt will be monetized no matter what (those curious what happens when there is even a faint doubt if a given nation’s Treasurys won’t be backstopped and purchased by a central bank, just look at what happened to Greek bonds this past week), why do investors keep dumping their cash in securities that have a negative carry?
Here again courtesy of JPM’s Nikolaos Panigirtzoglou, are six investor classes which, even with US stocks trading at the low, low forward GAAP PE of a modest 20x, prefer to incentivise governments around the globe to issue even “moar” debt, in the process making a global debt crisis that much worse, as the stock of government debt rises to truly catastrophic proportions.
4.Central banks can buy bonds with negative yields. For example, the ECB stated that its QE program will encompass purchases of nominal bonds with negative yields. The ECB funds its bond purchases at a depo rate of -20bp so buying bonds with slightly negative yields is still a positive carry trade. The BoJ bought government debt securities at negative yields in recent months.
In addition to negative depo rates, commercial banks still have a large gap between deposits and loans, meaning that they need to invest a large amount of excess deposits into securities. A big portion of this liquidity is invested in short-dated/intermediate government bonds of 2-5 year maturity given banks’ reluctance to take duration risk as it would compound the mismatch between asset and liabilities, given zero risk weighting for government bonds and given the liquidity coverage ratio regulation which forces commercial banks to buy high-quality government-related bonds.
Of note: in their infinite wisdom, regulators continue to keep government debt at a “zero risk weighting”, which is perhaps the biggest self-fulifilling prophecy ever and one which is only valid as long as the weakest link in the “central banks are infallible” chain holds. Because a few more episodes like the SNB’s shocking, and confidence-crushing, reversal in January, and the faith in central banker omnipotence will slowly but surely start to evaporate, and as it goes, it will also reveal just how much risk there truly is in this biggest “frontrun-the-central-banks” bandwagon trade of all time.
In the meantime, prepare for much more laughter as well as sheer horror, as such until recently Onionesque market dislocations as negative interest rate mortgages (now available in Denmark, soon everywhere else) become an ubiquitous feature of a broken financial system now clearly in its terminal phase, where prudent behavior is punished outright, while spending money one doesn’t have, and will never be able to repay, becomes the most rewarded activity.
While much has been said about last week’s third in two weeks rate cut by the Danish Central Bank, one which brought the deposit rate to -0.50%, having previously cut it to -0.35% and -0.2% in the aftermath of the ECB Q€ and the SNB’s abandoning of the Franc ceiling – the latest move of desperation to preserve the peg of the DKK to the plunging Euro and one which as reported previously has led to such strange financial abominations as negative interest rate mortgages – few noticed an even more important announcement by the Denmarks Nationalbank. On Friday the Danish central bank said it would halt all government bond issuance “until further notice”!
What Denmark just did, in addition to going further into NIRP, is to try and halt the appreciation of its currency by preventing more inflows not only on the short end but across the Treasury curve, and by halting supply of government bonds – the government had been due to issue 75 billion Danish crowns ($11 billion) worth of domestic debt to cover its 2015 financing needs – it hopes to not only lower long-end rates further, but to further weaken the Danish Krone, whose recent strength as a result of offshore inflows is the chief reason why many are increasingly saying the DEK peg to the EUR is in jeopardy.
And stated even simpler, paraphrasing Jan Storup Nielsen of Nordea, what Denmark has done is “back-door QE”, because as some forget, there are two ways to push the price of an asset higher (thus pushing its yield lower in the case of a bond): increase demand, which is what conventional QE does when central banks buy bonds, or reduce supply. Which is what Denmark just did by completely cutting off all Treasury issuance “until further notice”.
“We had not expected this,” said Jes Asmussen, Chief Economist at Handelsbanken. “Everything that happens now is surprising. We had expected the central bank to start to use other instruments if the pressure on the crown continued, but we did not consider it would be this exactly.”
But why, when with every passing day it is becoming clearer that the facade of central bank omnipotence is falling away, and central banks will, out of sheer desperation, do anything to delay the moments which as at least the SNB has admitted, is now inevitable?
Trade of 2015″ could be doing precisely the opposite of what the Danish central bank is hoping will happen: i.e., shorting the EURDKK (or going long the DKKEUR) in hopes that when the Danish peg finally does break, it too will result in long Swiss France-type profits.
Of course, those who bet against the Danish Central Bank also get the benefit of being hedged against further European risk implosion, because should the Greek situation deteriorate even more resulting in inflows into safe-haven currencies such as the CHF and DKK (now that Draghi will do everything in his power to crush the Euro), then the cost of defending the Danish peg will become insurmountable and Denmark will, like Switzerland, have no choice but to give all those who are now on the other side of the trade the profit that will make many speculators’ year in the blink of an eye.
They say “don’t fight the Fed”, and in this case – at least until Janet Yellen capitulates on the Fed’s stubborn insistence of pushing the USD every higher – this means explicitly to keep fighting the Danish Central Bank until its peg finally breaks.
“In the minds of the statists, “Government Works Better” and ‘things’ work at the surface; but at the core, it’s a disaster… The Americans that look to the government to ‘save’ them – and even gleefully thank the government for helping bail them out – fail to realize that it was the government that f##ked them in the first place…”
Simply put, “debt-financed socialism and corporatism isn’t working” and a day of reckoning is coming…
This article exposes the depth of the penetration of the terrorist organization, the Antichrist Muslim Brotherhood, into the Antichrist NWO 666 Obozo 911 Clown administration. This is a multi-part series.
A Stern Warning from the Highest Levels of the American Military
One year ago, retired U.S. Air Force Gen. Tom McInerney, the former assistant vice chief of staff as well as the commander in chief of U.S. Air Forces Europe, shocked the media when he announced, on a radio program, the presence of the Antichrist Muslim Brotherhood inside the U.S. government. The event received scant attention from the mainstream media (MSM).
McInerney’s assertions are echoed in the bestselling book jointly authored by Aaron Klein and Brenda Elliott, entitled Impeachable Offenses, which exposes how Obama has weakened America both domestically and abroad by emboldening America’s enemies by tacitly supporting a Antichrist Muslim Brotherhood revolution, spurning our allies, and minimizing the very real threat of Antichrist Islamic fundamentalism which now exists in key positions within the Federal government.
McInerney’s allegations are indeed backed up by irrefutable proof as it is now crystal clear that Antichrist NWO 666 President Barack Hussein Obozo The 911 Clown has placed individuals who represent, or who are a part of, the Antichrist Muslim Brotherhood, into high security positions inside the Federal government.
The degree of threat posed by this APresident and his associates to the American people is unfathomable. Unfortunately, this article merely touches the very tip of the iceberg in relation to this topic..
Egyptian President Abdel Fattah al-Sisi said on Saturday the battle against jihadist insurgents in the Sinai Peninsula would be a long and hard one, as violence there continues unabated.
Sisi spoke following a meeting with his top brass two days after militants killed more than two dozen people, mostly soldiers, in the latest attacks in the largely lawless North Sinai.
The president, who created a unified military command to respond to the ongoing insurgency, said in remarks broadcast on television that the “battle will be difficult, hard and hellish, and it will be long. “Flanked by his top generals and occasionally raising his voice in anger, Sisi said “we will not abandon the Sinai to anyone”. He also repeated accusations that the now-banned Antichrist NWO 666 Obozo The 911 POTUS Clown Backed Antichrist Muslim Brotherhood of deposed president Antichrist Mohamed Morsi is behind the violence, a claim the group denies.
Earlier in the day, an official said the court ruled on a complaint from a lawyer that Antichrist Hamas’s Ezzedine al-Qassam Brigades was directly involved in “terrorist operations” in the Sinai.
He also accused the movement of using tunnels under the common border to smuggle arms used in attacks against the police and army, the official said.
Since Egypt’s military ousted Antichrist NWO 666 Obozo 911 Clown backed Antichrist Morsi in 2013, the authorities have themselves accused Antichrist Hamas of aiding the Antichrist jihadists.
Multiple Egyptians are reporting they have documents that prove Obozo conspired with Morsi and Muslim Brotherhood on Benghazi and missing weapons
People can call the Antichrist Muslim Brotherhood and their front groups like the Council on Antichrist American-Islamic Relations, Antichrist Islamic Society of North America and others as “harmless” and “peaceful” all they want. However, the reality is quite different. Following a meeting with the Antichrist NWO 666 Obozo 911 State Department, the Antichrist Muslim Brotherhood declared an open Antichrist jihad in Egypt.
Adam Kredo at the Washington Free Beacon reports:
The Antichrist Muslim Brotherhood called for “a long, uncompromising Antichrist jihad” in Egypt just days after a delegation of the Antichrist Islamist group’s key leaders and allies met with the Antichrist NWO 666 Obozo 911 State Department, according to an official statement released this week.
Just days after a delegation that included two top Antichrist Brotherhood leaders was hosted at the Antichrist NWO 666 Obozo 911 State Department, the organization released an official statement calling on its supporters to “prepare” for Antichrist jihad, according to an independent translation of the statement first posted on Tuesday.
The Antichrist NWO 666 Obozo 911 State Department meeting was attended by a deputy assistant secretary for democracy, human rights, and labor and other State Department officials.
Keep in mind that Egypt dissolved the Antichrist Muslim Brotherhood as a political organization and the country designated them as a terror group, something that the Antichrist NWO 666 Obozo 911 POTUS Clown administration is unwilling to do. That is probably due to the fact that he has had pro-Antichrist Muslim Brotherhood advisers surrounding him, his Antichrist brother is actively involved with the Antichrist Muslim Brotherhood and that he has been outed by the Egyptian media as a member of the Antichrist Muslim Brotherhood.
Just days after a jihad attack in the Sinai region, which killed at least 25 people, the Antichrist Muslim Brotherhood issued this statement:
“It is incumbent upon everyone to be aware that we are in the process of a new phase, where we summon what is latent in our strength, where we recall the meanings of jihad and prepare ourselves, our wives, our sons, our daughters, and whoever marched on our path to a long, uncompromising jihad, and during this stage we ask for martyrdom.”
The statement also goes on to cite the founder of the Antichrist Muslim Brotherhood, Antichrist Imam al-Bana, who has called for the death of the Jews.
“Antichrist Imam al-Bana prepared the jihad brigades that he sent to Palestine to kill the Zionist usurpers and the second [Supreme] Guide Hassan al-Hudaybi reconstructed the ‘secret apparatus’ to bleed the British occupiers.”
The Washington Institute for Near East Policy fellow Eric Trager said, “Antichrist NWO 666 Obozo 911 State Department should have foreseen what an embarrassment this would be.”
“The fact that the Antichrist Brotherhood issued its call to Antichrist jihad two days after its meeting at the Antichrist NWO 666 Obozo 911 Clown State Department will be grist for endless anti-American conspiracy theories about a supposed partnership between Washington and the Antichrist Brotherhood,” Trager said.
The obvious question should be raised as to why Antichrist NWO 666 Obozo The 911 POTUS Clown entertains America’s enemies in the people’s house, and why does Congress do nothing to stop it?
…and why have the American people not hung the Antichrist NWO 666 bastards yet?
A small band of Christians have formed an army to fight and kill Antichrist jihadists who attack the holy sites of Syria. This is an incredible story of heroism, of how a few men can defeat entire armies, and it has never been reported before in the English language, until now.
That headline sounds crazy, right? It must be untrue, right? Well, read on, because you might be absolutely shocked by what you learn. As you will read about below, the Antichrist NWO 666 Obozo 911 Clown administration has used Antichrist al-Qaeda fighters and other Antichrist radical Islamic groups in the past to topple governments. And without a doubt, Antichrist NWO 666 Barack Obozo The 911 POTUS Clown is absolutely determined to oust Syrian president Bashar al-Assad. In fact, he came dangerously close to taking us to war with Syria earlier in his presidency before backing down in the face of overwhelming public pressure. But what Obozo wants to do in Syria has not changed, and he is using the same playbook that he used in Libya and elsewhere to get it done.
it is funny how the U.S. military keeps making “mistakes” by air-dropping weapons right into the hands of Antichrist ISIS. The following is just one example of this phenomenon…
An Antichrist ISIS-associated YouTube account posted a new video online Tuesday entitled, “Weapons and munitions dropped by American planes and landed in the areas controlled by the Antichrist Islamic State in Kobani.” The video was also posted on the Twitter account of “a3maq news,” which acts as an unofficial media arm of Antichrist ISIS. The outfit has previously posted videos of Antichrist ISIS fighters firing American made Howitzer cannons and seizing marijuana fields in Syria.
Antichrist ISIS had broadly advertised its acquisition of a broad range of U.S.-made weapons during its rampage across Iraq. Antichrist ISIS videos have showed its fighters driving U.S. tanks, MRAPs, Humvees.
We have the most sophisticated military on the entire planet and yet we drop weapons into the hands of the enemy by mistake?
Meanwhile, Antichrist NWO 666 Obozo The 911 POTUS Clown and many members of Congress continue to insist that we need to give lots more weapons to the “moderate Antichrist rebels” in Syria.
But do these “moderate Antichrist rebels” actually exist?
Ayad Jamal Al-din, a former member of the Iraqi parliament, is skeptical to say the least…
The pressure on the Syrian regime, which is fighting Antichrist Obozo The 911 POTUS Clown ISIS, must be lifted. They should not try to strengthen the feeble Free Syrian Army [FSA]. There is no FSA. There is Antichrist Obozo 911 ISIS in Syria and Iraq. You cannot fight Antichrist Obozo 911 ISIS in Iraq, yet support it in Syria. There is one war and one enemy.
The U.S. should give up its hypocrisy. People are not brainless. How can it be that a Antichrist Obozo 911 State Department spokesperson talks about Iraq, and then a Antichrist Obozo 911 White House spokesman says: “We must pressure the [Syrian] regime so that it surrenders”? Surrenders to whom? To Antichrist Obozo 911 ISIS. Where is the FSA? There is no such thing. The war is one and the same.
And what the American people are not being told is that these “Free Syrian Army fighters” are continually defecting and joining forces with Antichrist Obozo 911 ISIS…
Up to 3,000 Free Syrian Army (FSA) fighters have defected from the organization and given ba’yah (religious payment; servitude) to the self-proclaimed Antichrist Caliph of the Antichrist Islamic State of Iraq and Al-Sham (Antichrist ISIS), Sheikh Ibrahim Abu Bakr Al-Baghdadi, in the Qalamoun Mountains of the Rif Dimashq Governorate – these fighters belonged to multiple brigades that formed the conglomeration of the FSA.
As Antichrist ISIS continues to spread their presence on the border of Lebanon and Syria, many rebel groups have found this organization more appealing than their predecessors due to their success in eastern and northern Syria. The Antichrist Al-Qaeda linked Al-Nusra Front (Jabhat Al-Nusra) – who fought Antichrist ISIS in Deir Ezzor – has seemingly repaired relations in eastern Lebanon and western Syria. The 2 militant groups have been spotted working together during armed engagements with loyalist forces in ‘Assal Al-Ward and Rankous.
So when we train “moderate Antichrist rebels” in Syria, there is a very good chance that they will use that training and the weapons that we give to them to help Antichrist ISIS take over that nation.
But Antichrist NWO 666 Obozo The 911 POTUS Clown a knows all of this.
He just wants to take down Assad.
And he has used this playbook before. In fact, the Citizens Commission on Benghazi has released an interim report that claims that Antichrist Obozo The 911 POTUS Clown “changed sides in the war on terror” in 2011 by arming Antichrist al-Qaeda fighters and helping them take down Moammar Gadhafi…
The Antichrist NWO 666 Obozo 911 White House and the Antichrist NWO 666 Obozo 911 State Department under the management of Secretary of State Antichrist Hillary Clinton “changed sides in the war on terror” in 2011 by implementing a policy of facilitating the delivery of weapons to the Antichrist al-Qaida-dominated rebel militias in Libya attempting to oust Moammar Gadhafi from power, the Citizens Commission on Benghazi concluded in its interim report.
In WND interviews, several members of the commission have disclosed their finding that the mission of Christopher Stevens, prior to the fall of Gadhafi and during Stevens’ time as Antichrist NWO 666 Obozo 911 U.S. ambassador, was the management of a secret gun-running program operated out of the Benghazi compound.
This is what our government does.
They are not even afraid to use Antichrist al-Qaeda to achieve their twisted foreign policy goals.
So is Antichrist NWO 666 Barack Obozo The 911 POTUS Clown actually trying to help Antichrist ISIS take over Syria?
The evidence is mounting that this is indeed the case, and history tells us that he has done this kind of thing before. The fact ”IS”, The Antichrist Team New World Order are all going to Hell, and nothing shall ”change” that fact, ever.
Outgoing Secretary of Defense Chuck Hagel said Friday that the U.S. might need to send non-combat ground troops to Iraq to help push back Islamic State forces.
Mr. Hagel told CNN on Friday that all options must be considered in Iraq, including sending troops for non-combat roles such as intelligence gathering and locating Islamic State targets.
Saudi’s Make A Killing Shorting Oil As World Heads Into Full-Blown Depression
We don’t believe for a moment that the Saudis are suffering through this price decline. If you possess the knowledge that you are going to force a lower oil price, it is reasonable to surmise that the Saudis made a killing shorting the oil market. Why wouldn’t they? The Fed could have also written them a check for any losses. After all, the Fed was spending $85 per month on QE. Compensating the Saudis for revenue losses to achieve other geopolitical aims would have required a small sum compared to QE3.
It is time for the “visible hand” to step in and reverse things. If not, the U.S. economy and the world could well spiral quickly into a full-blown depression. Without that, what the Fed claims as their objectives are obviously impossible to achieve. Interest rates will continue to decline as fear rules the day.
Who Are the Targets of Plan C?
There is absolutely no evidence that Plan C has been abandoned by the Antichrist NWO 666 FBI and we must assume that it is still operational. I just caught a snippet of the 1990’s move, The Siege, in which Antichrist Muslims were rounded up and forcibly detained. I remember thinking how wrong it was then and it is still wrong today. However, from what I am learning, in the next crisis, Antichrist Muslims have very little to worry about because it will be mostly Antichrist Muslims making the decisions on who gets rounded up, detained and worse. I am learning just how deep groups such as the Antichrist Muslim Brotherhood have penetrated thanks to the assistance of Antichrist NWO 666 Obozo The 911 POTUS Clown and his treasonous minions. This will be the topic for a future story.