According to Amber Lyon, a three-time Emmy award winning journalist, CNN is routinely paid by the US government and foreign governments to selectively report on certain events. Furthermore, the Antichrist NWO 666 Obozo 911 PetroDebtDollar administration pay CNN for editorial control over some of their content.
Back in March 2011, CNN sent a four person team to Bahrain to cover the Arab Spring. Once there, the crew was the subject of extreme intimidation amongst other things, but they were able to record some fantastic footage. As Glenn Greenwald of the UK’s Guardian writes in his blockbuster article from September 4th 2012:
“In the segment, Lyon interviewed activists as they explicitly described their torture at the hands of government forces, while family members recounted their relatives’ abrupt disappearances. She spoke with government officials justifying the imprisonment of activists. And the segment featured harrowing video footage of regime forces shooting unarmed demonstrators, along with the mass arrests of peaceful protesters. In sum, the early 2011 CNN segment on Bahrain presented one of the starkest reports to date of the brutal repression embraced by the US-backed regime.
Despite these accolades, and despite the dangers their own journalists and their sources endured to produce it, CNN International (CNNi) never broadcast the documentary. Even in the face of numerous inquiries and complaints from their own employees inside CNN, it continued to refuse to broadcast the program or even provide any explanation for the decision. To date, this documentary has never aired on CNNi.
Having just returned from Bahrain, Lyon says she “saw first-hand that these regime claims were lies, and I couldn’t believe CNN was making me put what I knew to be government lies into my reporting.”
Here is a segment of the Bahrain report that Amber Lyon and her team put together. CNNi refused to allow it to air because the Bahrain Government had paid them not to show it.
When Amber Lyon recognized the extent of the reasoning, she challenged CNN. CNN told her to be quiet, and began to view her as a risk. She knew, and found out, too much.
Amber is now trying to tell the story, the real story, of what is going on behind the closed doors of US Media entities. Amber has created her own website, and additionally as noted in the Guardian Article she is trying to share the truth of the deceptions.
What Amber Lyon describes is exactly the reason why CNN never aired the Nick Robertson interview with Muhammed Al Zawahiri in Egypt.
Amber recently did a web interview with Alex Jones on InfoWars. Generally the TreeHouse does not appreciate Alex Jones. He is wound up tighter than piano wire, and unfortunately much of his truth is diminished because of the hype he places upon it.
Alex Jones is easy to disregard as a “conspiracy theorist”, not because of what he says, but because of how he says it. Everything is desperate and dangerous with him.
That said, the words and explanations of Ms. Lyon in the discussion/interview are poignant and vastly informative. So I share the video with you so you can hear from Amber herself exactly what is being described and articulated.
It is critical to listen to what she says, not just about Bahrain but also about what the Antichrist NWO 666 Obozo 911 administration is specifically doing.
For the last few years, the mantra of central planners around the world has been “if at first you don’t succeed… buy a bigger printing press.” However, as Citi’s Matt King notes, the following four charts show the monetary experiments are having less and less impact (on the real economy and the pretend stock-market-based one) as peak debt overhangs swamp anything but financial asset inflation.
And as far as The Fed’s Legacy… Simply put – King concludes, Most of the economic benefit accrued during QE1.. Because there are structural things that you can’t fix with liquidity…
The BoJ has lost it…
The PBOC is losing it…
As Steve Ricchiuto explained to a stunned CNBC audience, the US economy is not as awesome as the narrative would proclaim. In fact, based on the underlying data (as opposed to anecdotal perspectives like Jim Cramer this morning dismissing hard data – “I am no longer using these aggregate retail sales reports” – in favor of rose-colored glass half-full CEO expectations from earnings calls) 2015 has seen US macro data deteriorate and disappoint the most since 2006… and weakest absolute start to the year since 2009.
Umm, Yellen we have a problem… worst relative start to a year since 2006
Not decoupled at all…. worst absolute start to the year since 2009
In 2014, the price of gold, expressed in US Dollars, went absolutely nowhere (even if its increase in RUB – not to mention many other rapidly devaluing currencies – was a stark surge of 83%). The reason: for the second year in a row, concentrated selling of “paper” gold which saw some 159 tonnes of outflows from gold-backed ETFs, primarily in the US. This however, is a substantial slowdown from the 880 tonnes of gold ETF outflows in 2013, selling which started in earnest when the price of gold peaked just shy of $2000 on September 6, 2011… the day the SNB instituted its now failed currency control attempt to set a 1.20 EURCHF floor.
Furthermore, ever since the SNB’s stunning defeat in the currency wars one months ago (as noted above, the price of gold peaked hours before the SNB instituted its now defunct EURCHF floor in September 2011, and the result was an epic selling of gold-backed ETFs), sentiment expressed via paper gold has turned “tentatively positive” in the words of the World Gold Council, and so far in 2015, ETFs have seen inflows of around 60 tonnes, the vast majority (over 90%) of which has been into US-based funds.
And while one can debate just what was the net demand/supply for various other sectors such as jewelry, technology, and physical (not paper) gold investment, one thing is clear: central banks went on a shopping spree. According to the latest World Gold Council data, in 2014 the world’s central banks went on a golden shopping binge to take advantage of the ongoing dumping in paper ETF gold, resulting in bank net purchases amounted to 477 tonnes over the past year, a 17% above 2013’s 409 tonnes. This was the second highest year of central bank net purchases for 50 years, coming second only to the 544 tonnes added to global gold reserves in 2012.
Who took the biggest advantage of the depressed gold price? One name sticks out: spot it on the chart
Who sold? Why the latest foreign-policy debacle for the Antichrist NWO 666 Obozo 911 US state department of killer clowns, of course: Ukraine.
If that was all there was, Russia could actually be thankful to Ukraine for essentially transferring over its gold from Kiev to Moscow. But there is much more here than meets the eye, and the biggest wildcard remains as usual China. Because after its gold-buying splurge, Russia currently has – according to official data – more gold, 1,208.2 tonnes in its, and certainly not the NY Fed’s vault – than China. The problem, is that China’s gold holdings were last updated officially in early 2009.
And as everyone following the physical gold space knows, there are really just two key, outstanding questions:
What is the updated total inventory of Chinese gold holdings (estimated to be somewhere between 3,000 and 6,000 or more tonnes), and Just what is the PBOC waiting for and when will it reveal this number
With global geopolitical events moving ever faster, and with “developed world” central banks increasingly losing control almost on a daily basis, China may have to answer both questions relatively soon.
Those who understand the course of history when it comes to empires such as that which the US has constructed will surely plan ahead for worse to come.
TSA to Arrest Anyone Charged with any Crime trying to Come or Leave – including taxes … The border is closing rapidly. First it was FATCA hunting Americans with any assets overseas whatsoever. Now just two days after taking charge of the committee chairing the House Homeland Security subcommittee hearing, U.S. Rep. John Katko introduced two bills. He is looking to effectively close the borders using terrorism as the excuse as always to hunt down Americans. Katko is a former federal prosecutor. So he knows precisely what he is doing writing a law that is so broad, that anyone suspected of a crime cannot leave the country.
This is any crime. Keeping gold in a safe deposit box is money laundering carrying up to 25 years in prison. – Martin Armstrong
Dominant Social Theme: Terrorism has to be fought. Broad laws are better. Free-Market Analysis: This article from Martin Armstrong is a timely reminder that cross-border protections are getting stronger not weaker. We’ve estimated in the past that within two years time it will be significantly more difficult to get funds in and out of the US. Armstrong has come to the same conclusion. Most of the terrorism legislation and military and civilian terrorism measures are not aimed so much at terrorists, from our point of view, as they are at citizens.
Precedents exist for requiring citizens to produce special ID for domestic travel; they include Nazi Germany, apartheid South Africa and Russia (both Imperial and Soviet).
Over the Christmas season, the Transportation Security Administration (TSA) quietly announced that America was walking down that path. By 2016, all domestic air travel will require either a traditional passport or a federally-compliant ID card called “Real ID.” State driver’s licenses will no longer allow Americans access to domestic flights, as they do now. Real ID will constitute an internal passport. (The drop-date date is commonly reported as January.)
An internal passport refers to an identity document that people must produce to move from place to place within national borders. It allows a government to monitor the movement of its own people and to control that movement by granting or denying ID. In the past, governments have used internal passports to isolate ‘undesirables’, to regulate economic opportunities, to reap personal data, to intimidate and command obedience, and to segregate categories of people (like Jews BUT NOW ”CHRISTIAN IS THE NEW ”NWO VERSION”) for political purposes. It allows a government to bind anyone it chooses to his or her place of birth.
The upcoming Real ID requirement targets only air travel. But that’s how it begins – with airports.
After people became numb to years of ID demands, questioning and searches at airports, those tactics spread to train stations and subways. Then highway check-points were established in areas that lay within 100 miles from an “external boundary,” including coasts. U.S. Customs and Border Protection agents now have the authority to stop a traveller if they have “reasonable suspicion” of an immigration violation or other crime. Although the agents do not currently have authority to demand ID from American citizens, they often do so.
The ACLU has repeatedly cautioned that “[i]n practice, Border Patrol agents routinely ignore or misunderstand the limits of their legal authority in the course of individual stops, resulting in violations of the constitutional rights of innocent people….These problems are compounded by…the consistent failure of CBP to hold agents accountable for abuse. Thus, although the 100-mile border zone is not literally ‘Constitution free’, the U.S. government frequently acts like it is.”
Many states and, so, many individuals will not make TSA’s January 2016 deadline for Real ID. Some hope the humanitarian TSA will push back the deadline as it did last year. And a delay may happen…for logistical reasons. If it does, those who wish to escape a nation with internal passports may have another year to do so.
But the main hope of delaying Real ID is a confrontation between the federal and state governments. In 2012, the governor of Montana declared,
“Montana will not agree to share its citizens’ personal and private information through a national database, nor bear the exorbitant cost [of] building such a database. Furthermore, the Act tramples on our state’s right to determine our own licensing procedures and protocols, and would interfere with our state’s work to improve drivers’ license security. Montana is in no mood at all for another heavy-handed play by the federal government, such as what transpired in 2008 when the homeland security director threatened to prevent Montanans from boarding an airplane unless we complied with the REAL ID act. We refused, and will refuse again.”
Brave words. But Real ID is coming. When it arrives with both feet, Real ID will make it much more difficult for freedom-loving people to avoid the federal behemoth. Of course, that is its purpose. FATCA and related global measures gave the feds access to every cent that any American possessed in the world. Now Real ID wants to ensure that no American can avoid federal detection within domestic borders..
”What difference does it make?” ..the American Ambassador was left to be slaughtered, like; every Christian is an Obozo 911 Marine behind the wall of Babylon. Have another drink, Mr. Joe 666 Pak I Stan’d, and watch the football game on ”SmartTV”. LIKE A GOOD LITTLE MEATHEAD! Don’t forget to throw another pound of flesh on the altar of Moloch you call a grill. Asshole.
Syrian rebels, whose forces are fighting against a new offensive in the South by the axis of the Syrian Army, Hezbollah, and Iran, is calling on Israel to attack their positions.
An Israeli Druse who is in frequent contact with the Syrian opposition said that the warning came to alert the IDF, before the axis is able to take the Syrian Golan that borders Israel.
A Syrian rebel commander in the South vowed to wage guerrilla war against the Lebanese group Hezbollah and Syrian government forces, which have launched a major offensive against insurgents in the sensitive border region near Israel and Jordan.
The offensive that got under way this week is focused in an area south of >>Damascus<< that is the last notable foothold of the mainstream armed opposition to President Bashar Assad, who has consolidated control over much of western Syria.
Walid Shoebat is a regular guest of TRUNEWS with Rick Wiles. His insights and information on the prevalence and growth of Islam have stirred many to consider the impact of this false religion.
Antichrist NWO 666 President Barack Obozo The 911 Clown Homosexual Pride Commander In Chief Of The Most Powerful American Banker Military Force That Shall Ever Exist would likely veto a Antichrist 666 Mark Of The Beast Fed audit but there is also a chance it could be added as an amendment to “must-pass” legislation, such as with the bill to fund the (HOW ”IRONIC CAN YOU GET”) Department of Homeland Security.
The Antichrist NWO Debt Note Mark Of The Sirius 666 Fed Beast is subject to various audits, including reviews of its operations by the Government Accountability Office. Since 1978, its monetary policy discussions have been ”legally exempt” from GAO ”oversight”
Question: When do you know that you live in a tyranny?
Answer: When the citizens vote to ban red light cameras and the city reacts by suing them.
St. Charles County, MO — St. Peters, O’Fallon, Lake St. Louis, and a councilman from O’Fallon have filed a lawsuit against their OWN CITIZENS.
In November of last year, the citizens of St. Charles County democratically expressed their anger with the use of red light cameras in their town. Seventy-three percent of those who went to the polls approved a measure to ban red light cameras.
However, the fat cat bureaucrats, apparently afraid of losing the money generated from the rights-violating red light cameras, don’t like that vote. They are now taking action to punish the citizens for trying to undermine their perceived authority.
In true Orwellian fashion, the cities are claiming that the measure, which was passed by voters, is unconstitutional.
The attorney representing the cities in the lawsuit said the county’s legal authority is cut and dry.
The state can dictate what cities are authorized to do or prohibit the cities from doing things. There’s nothing in the Missouri Constitution that provides the county to do the same thing,” said attorney John Young.
In other words, politicians can mandate that the citizens be extorted by removing due process and sending them tickets in the mail. However, if the citizens try and stop this act of extortion, it is “unconstitutional” and their consent is no longer needed.
On Tuesday, FOX 2 News in St. Louis, looked into the cost of this ridiculous suit. They reported that St. Peters could pay between $500,000 and $750,000 and the cost to St. Charles County government could be up to $150,000.
But where would this money come from? Simple, it would come from the very people they are attempting to sue!
It is estimated that the lawsuit could take years to resolve in the courts. And so continues the ridiculous and vicious cycle of the state.
^^^At this point, hanging all the bankers and the politicians is not an option. If they are not hung at this point then everything that is described in the Bible regarding the tribulation of this terminal generation shall play out now. The Antichrist NWO 666 ”government” did not militarize the police that serve and protect the ”government”, the ”Antichrist 666 Mark Of The Beast Government” that gave bonus checks to the criminal bankers, for nothing. YOU ARE IN A PRISON NOW. EVERY DAY YOU ARE STUPID ENOUGH TO PROVIDE YOUR LABOR IS NOW A MARK OF A HELL-BOUND FOOL. THAT IS A FACT NOBODY CAN CLAIM IS FALSE AT THIS POINT.
YOU ARE CAPTURED AND YOU ARE SEALED IF YOU REMAIN IN CONTEMPT OF YOUR OWN SALVATION. YOUR LABOR NOW STANDS AS A TESTIMONY AGAINST YOU. IF YOU SHOW UP FOR WORK AT THIS POINT YOU ARE ANTICHRIST! GET THAT THROUGH YOUR THICK HEAD AND THAT WORLDLY HEART OF YOURS THAT KEEPS YOU IN FEAR FOR YOUR LIFE AS A CAPTURED DELUSIONAL IDIOT! STOP WAVING THE FLAG MADE IN COMMUNIST CHINA YOU BOUGHT WITH A DEBT NOTE THAT HAS CONDEMNED YOU TO HELL, OR YOU SHALL FIND YOURSELF THERE AND YOU WILL NOT NEED TO MOVE FROM WHERE YOU NOW STAND! AS YOU WERE STANDING FAST DOING HARM!
The sad prophetic ”FACT” is, the prophetic ”strong delusion” and ”lukewarm Laodicean” reality of this terminal generation is proving it’s self as The Whore and The Beast. No bankers have been put in prison and every passing day the nations are coming undone to the breaking point of the new world order modern age of war.
Hanging bankers and their political hosts at this point is an act of futility because the general public has proven to be not only brainless but heartless to the point where they can kiss their own children off to a ”public school based on debt” and smile at the very foundation they have sacrificed for the sake of their own delusion, and then go back to work so they can ”save” up at NIRP for their kids future as a 666 sealed hotdog on a grill …IN HELL!!!!!!!!!!!!!!!!!!!!
Archuleta said four students started throwing grammar workbooks and erasers out a classroom window last month. One of the eighth grader students took it a step farther by tossing an American flag out into the snow.
“He says, ‘Because I was just messing around,’ and he started to laugh,” Archuleta said. “Then the other kids were laughing, the kids that were with him. ‘There goes the flag.’ That was his last statement.”
The principal is a veteran. His father is also a veteran who fought in World War II.
“A lot of men have died over [the flag], men and women,” Archuleta said. “We fought to keep our country safe and to keep it free.”
While the United States Supreme Court has ruled that the desecration of the flag is protected free speech, the principal cites federal law that prevents disgracing the Stars and Stripes.
The principal called the school resource officer with Rio Arriba County, but because it is a federal offense they referred him to the FBI.
“I want to report it to them because it is a federal law, so it’s in their hands,” Archuleta said.
Last week, he suspended the 14-year-old last week for 10 days, but he is recommending long-term suspension or expulsion.
“I am a firm believer in citizenship and U.S. history and our history, and these are going to be our future leaders,” Archuleta said of his students. “I want them to understand they have to take responsibility.”
Once again, the onus is put on the unarmed children, rather than on the armed men and women patrolling, initiating contact with teenagers and others. Is this anything other than victim-blaming?
The bill says that the curriculum would be required from elementary through high school, and must be characterized by “mutual cooperation and respect.”
Ari Rosmarin, the public policy director for the New Jersey ACLU, disagreed with these politicians, saying that the bill misses the point and lacks a critical component.
“The bill calls for education on young peoples’ roles and responsibilities, but it’s missing the third R: rights. The classroom is the appropriate place for a know-your-rights education,” Rosmarin explained.
“Recent events make a strong case for New Jersey’s young people being made aware of their rights and how to protect them when interacting with the police.”
Rosmarin added that “we hope to see officers receive equally robust training about interacting with young people in New Jersey’s community.”
The Exploding Autoimmune Epidemic – Dr. Tent – It’s Not Autoimmune, you have Viruses
This is 2 hours long, but I haven’t seen this information anywhere else. He really gets started about 10 minutes in, so skip forward. Some of the things he talks about are;
1. failed polio vaccines at the beginning
2. animal viruses in the vaccines
3. a connection to Lee Harvey Oswald, Castro, and Kennedy
4. the creation of weaponized viruses
5. Roe v. Wade was to get easier access to aborted fetuses
6. how all the viruses are giving us illnesses later on
7. How we can take care of our immune systems, including what common supplements to take and foods to avoid, in order to prevent the viruses in our bodies from activating.
If you see holes in it- please critique away!
INFRASTRUCTURE & SOCIETAL COLLAPSE: “Tragedy On An Enormous Scale” – At Least 300 Migrants Are Feared To Have Drowned After Attempting To Cross The Mediterranean Sea From North Africa; Pope Francis Warns That The Region Could Become A “VAST CEMETERY”!
Russia is not a debtor nation. At this writing in January, Russia’s debt to GDP ratio is low and most of its external debt is private. Physical gold accounts for 10 percent of Russia’s foreign currency reserves. The budget deficit, as of a November 2014 projection, is likely to be around $10 billion, much less than 1 percent of GDP. The poverty rate fell from 35 percent in 2001 to 10 percent in 2010, while the middle class was projected in 2013 to reach 86 percent of the population by 2020.
Collapsing oil prices serve only to intensify the monetary attractiveness of gold. Given that oil exports, along with the rest of the energy sector, account for 45 percent of GDP, the depreciation of the ruble will continue; newly unstable fiscal conditions have devastated banks, and higher inflation looms, expected to reach 10 percent by the end of 2015. As Russia remains (for the foreseeable future) mainly a resource-based economy, only a move to gold, arguably, can make the currency stronger, even if it does limit Russia’s available currency.
In buying as much gold as it has, the country is, in part, ensuring that it will have enough money in circulation in the event of such fundamental transformation. In terms of re-establishing post-oil shock international prestige, a move to gold will allow the country to be seen as a more reliable and trustworthy trading partner.
The repercussions of Russia on a gold-exchange standard would be immense. Above all, it would mean the first major schism in the world’s monetary order. China would quite likely follow suit. It could mean the threat of a severe inflation in the United States should rafts of unwanted dollars make their way back across the Atlantic — the Fed’s ultimate nightmare. Above all, the country will avoid the extreme debt leverages which would not have happened had Western capitals remained on gold.
As Alisdair MacLeod, a two-decade veteran of off-shore banking consulting based in the UK, recently wrote, Russia (and China) will “hold all the aces” by moving away from any possible currency wars of the future into the physical gold market. In his article, he adds that there is currently a low appetite for physical gold in Western capital markets and longer-term foreign holders of rubles would be unlikely to exchange them for gold, preferring to sell them for other fiat currencies.
Mr. Macleod cites John Butler, CIO at Atom Capital in London, who sees great potential in a gold-exchange standard for Russia. With the establishment of a sound gold-exchange rate, he argues, the Central Bank of Russia would no longer be confined to buying and selling gold to maintain the rate of exchange. The bank could freely manage the liquidity of the ruble and be able to issue coupon-bearing bonds to the Russian public, allowing it a yield linked to gold rates. As the ruble stabilizes, the rate of the cost of living would drop; savings would grow, spurred on by long term stability and lower taxes.
Foreign exchange also would be favorable, Mr. Butler maintains. Owing to the Ukraine crises and commodities crises, rubles have been dumped for dollar/euro currencies. Upon the announcement of a gold-exchange, demand for the ruble would increase. London and New York markets would in turn be countered by provisions restricting gold-to-ruble exchanges of imports and exports.
The geopolitics of gold also figure into Russia’s increasingly close relations with China, a country that also has made clear its preference for gold over the dollar. (Russia recently edged out China as the world’s top buyer of the metal.) In the aftermath of the $400 billion, 30-year deal signed between Russian gas giant Gazprom and the China National Petroleum Company in November 2014, China turned its focus to the internationalization of its own gold market. On January 15, 2015, the Shanghai Gold Exchange, the largest physical gold exchange worldwide, and the World Gold Council, concluded a strategic cooperation deal to expand the Chinese gold market through the new Shanghai Free Trade Zone.
This is not the first time the gold standard has been seen as the ultimate cure for Russia’s economic problems. In September 1998, the noted economist Jude Wanninski predicted in a far-sighted essay for The Wall Street Journal that only a gold ruble would get the the country out of its then-debt crises. It was upon taking office about two years later, in May 2000, that President Putin embarked upon the country’s massive gold-buying campaign. At the time, it took twenty-eight barrels of crude just to buy an ounce of gold. The gold-backed ruble policy of those years was adopted to successfully pay down the country’s external debt.
As a pro-gold stance is, essentially, anti-dollar, speculation about how the US would react raises the question of whether an all-out currency war would follow. The West would have to keep Russia regionally and militarily marginalized, not to mention kept within the confines of the Fed, the ECB, and the Bank of England (BOE).
Nor is that prospect too far-fetched. As Dutch author Willem Middelkoop has written in his 2014 book The Big Reset: War on Gold and the Financial Endgame,
A system reset is imminent. Even before 2020 the world’s financial system will need to find a different anchor. … In a desperate attempt to maintain this dollar system, the United States waged a secret war on gold since the 1960s. China and Russia have pierced through the American smokescreen around gold and the dollar and are no longer willing to continue lending to the United States. Both countries have been accumulating enormous amounts of gold, positioning themselves for the next phase of the global financial system.
So Crimea, which was not mentioned, and whose “annexation” by Russia so infuriated the western leaders, is Vlad’s to keep?
Did The US just blink? Perhaps under pressure from Merkel having enough of Obozo’s “costs”, Secretary of State John Kerry just released the following statement…
The signing of the new Minsk agreement, as well as Russian President Vladimir Putin’s direct participation in the negotiations, points to the Kremlin’s willingness to at least partially de-escalate the conflict at this time. The agreement includes some vague measures and conditions that all sides may ultimately chose not to implement. Several key points of contention remain unaddressed, and there are still many opportunities for the agreement to break down if they are not resolved. Therefore, political will, rather than the actual terms of the agreement, will determine whether a significant de-escalation is to take place.
Because both sides will have to withdraw their artillery systems, the result will be a very deep area without artillery cover in the center of the demarcation line.
Why Does Syria Have to Be Occupied Before Attacking Iran?
Putin threatened to nuke the United States if it invaded Syria in violation of international law. Syria is critical to the Russians on a number of fronts. However, the most compelling reason for Putin to defend Syria is because if the U.S. is able to successfully occupy Syria, the U.S. will be able to install their short and medium range missile batteries which would prevent the Russians from moving into Syria, thus preventing anAmerican ground invasion of Iran. Once Syria is occupied by the U.S. it is just a matter of time until the U.S. can find a reason to invade Iran. Once Iran is conquered, the Petrodollar is preserved, at least for the time being. Invading Syria has been Obozo’s top foreign policy goal since 2013. Obozo is now on his second Reichstag moment with regard to putting boots on the ground in Syria.
President Obozo previously tried to invoke his “Reichstag” pretext for war with Syria as Obozo had accused Syrian leader, Assad, of using chemical weapons against the rebels in 2013, despite the fact that it appears likely that the al-Qaeda run rebels were the ones using chemical weapons. Obozo was unable to get Congress or the American people to believe that this chemical attack was a justified reason to go to war, and in the fall of 2013, Obozo failed to get the war with Syria that he desired.
Obozo’s Second Reichstag Moment
Ask the average American, “Who is ISIS?”, they will pause and give you a blank stare. ISIS came from nowhere. is well armed and acts like a well-trained army. Abracadabra, poof, ISIS appears at the very time we pull out of Iraq. This is no coincidence. What we now know is that the U.S. military left behind key combat equipment in Iraq. By law, the U.S. military was to destroy these weapons upon vacating a war zone. Why wasn’t this done? Someone had to give the order to not destroy the equipment. And just who comprises ISIS? We are now told that it is a conglomeration of terrorist interests ranging from al Qaeda to Hamas to the Muslim Brotherhood. And this loose confederation of terrorists are armed to the teeth in the latest in American military technology. Even the most ardent supporter of the Obozo administration would have to suspect that ISIS is a CIA creation and that is exactly what my military sources have been telling me.
The goal for ISIS is to spread terror and havoc across Iraq and have this spread into Syria. I wrote in 2013, that there will be a provoking event which will invite American military intervention into Syria against ISIS as an excuse to remove Assad and occupy Syria. Kayla Jean Mueller’s death has provided that provocation. Kayla’s noble character and devotion to humanity makes her an ideal martyr for Obama to be doing what he is doing which is commence a “three year ground war” against ISIS.
My military sources are laughing in amazement that anyone would believe that it would take the full force of the U.S. military three years to take down ISIS. What a joke! Because of air superiority, our military could eliminate ISIS as an effective battlefield force in three days, not three years! However, what ISIS does provide is an impetus to boots on the ground in Syria. The following is a map of ISIS territorial gains.
Yemeni military officials say al-Qaida militants have seized control of an important army base in the south following clashes with soldiers.
The officials say at least four troops and four militants died in the fighting and that at least 15 soldiers were taken hostage. The base is home to Yemen’s 19th Infantry Brigade and is located in the Baihan area in southern Shabwa province..
Iranian backed rebels, otherwise known as Islamic terrorist Houthis, reportedly took over diplomatic vehicles as personnel fled the country.
Yemen rebels seized U.S. Embassy vehicles in the capital of Sanaa on Wednesday as diplomats fled the country and several foreign embassies closed amid deteriorating security conditions.
More than 25 vehicles were taken by Houthi rebels after Americans departed the city’s airport, airport officials told the Associated Press.
The Marine Corps said security personnel destroyed their personal weapons before boarding a commercial flight out of Yemen.
President of Concerned Veterans of America Pete Hegseth discussed the situation last night on The Kelly File.
“We’re surrendering around the world, we’re surrendering our embassy, and now we’re asking U.S. Marines to surrender their dignity, give up oaths that they made, creeds that they live by, and surrender their rifle,” Hegseth said.
Despite President Obozo claiming in September that U.S. strategy used to combat terrorism in Yemen has been a “success,” so successful in fact that it should be used to defeat Antichrist ISIS, the country continues to fall apart. Late yesterday the United States evacuated the U.S. embassy in Yemen and Marines were bizarrely ordered by the State Department to destroy issued weapons on their way out.
As conflicts and civil wars rage across the Middle East and North Africa, a shadowy covert cell operating under the Iranian government is fueling the bloodshed.
Unit 190, a secret arm of the Iranian Revolutionary Guard’s Quds Force made up of about two-dozen employees, has for years smuggled arms to these conflict zones.
After an extensive investigation tracing the land, air and sea routes used by the Quds Force to move weapons to Hezbollah, Hamas and now the Houthis in Yemen, Fox News has also learned from western intelligence sources the name of the Iranian man who is a key player in Unit 190: Behnam Shahariyari, born in 1968 in Ardabil, northwest Iran.
According to western intelligence sources, Shahariyari runs a network of straw companies — which skirt sanctions packing RPG’s, night-vision equipment and long-range rockets in powdered milk, cement and spare vehicle parts.
Iranian fingerprints have been noticed on illicit shipments across the region.
Iranian officers working with the Iranian-backed Hezbollah terrorist organization are fighting their way closer to Israel’s northern border with Syria and could soon be in control of the Syrian side of the armistice line.
Regardless of who is at fault for the (partial) shut down, one can’t blame dockworkers for doing what Greece is actively doing at the same time in its own negotiations with Europe: maximizing its leverage. Because as Bank of America showed yesterday, in a piece dedicated precisely to this topic, nothing short of 3.5% of marginal US GDP is at steak, which translated into CAGR terms, means that the fate of America’s estimated 3% growth in 2015 is suddenly in the hands of a few thousand port workers, and with that, whether or not the US has a recession.
keep in mind that to many economists, or at least those who realize that the US economy is in a far worse shape than what official government data represents, an “exogenous” event like a West Coast port strike, just like a “Polar Vortex” is precisely what the doctor ordered. After all, what better scapegoat for the lack of growth than a few thousand dockworkers who are merely leveraging capitalism as much as they can… even if it means shutting down key US economic supply-chains in the process
Meanwhile, the S&P is under 1% from its all time high.
When not even Tesla’s non-GAAP adjustment magic, shown previously in the following “bridge”, can boost sales or earnings any more to beat Wall Street expectations, one things is clear: as SocGen’s Albert Edwards puts it “US corporate profits and sales are crumbling.”
It’s not just his opinion: it’s the truth
“Give me control of a nation’s money and I care not who makes the laws.” —Mayer Rothschild.
For most people, facing the truth is a hard thing to do. It is so much easier to simply ignore the obvious than it is to make the necessary, hard decisions that are required once we know the truth.
Facing the truth takes courage. Dealing with the truth demands courage. But ignoring harsh reality is cowardly. As I often say, “Silence isn’t golden, it’s yellow.”
As any “therapist” will tell you, the first step to healing is admitting the truth about your condition. An alcoholic will never seek treatment until he admits he has a problem. A gambler will never seek help until he admits that he is hooked on gambling. And a woman can never receive healing and forgiveness for a past abortion until she admits that what she did was wrong.
So, too, America is in a mess because we will not admit the obvious. We have failed to deal with what we know to be true. As in ‘The Wizard of Oz’, there really are ‘men behind the curtain.’
with remarkably few exceptions, the global Status Quo is a vast Empire of Lies.
the phrase perfectly captures the total dependence of the Status Quo on a constant spew of lies. The complete and total dependence on lies was cemented on December 5, 1996, when Alan Greenspan’s injudicious tidbit of truthtelling–Greenspan hinted that the stock market might be manifesting irrational exuberance–caused the stock market to plummet sharply.
Does any political or financial leader dare speak this truth in public? What would happen if someone did declare that the monetary Emperor had no clothing?
They see themselves, their positions, as being under attack. And they blame Greece’s new Syriza government for that. Which may seem logical at first blush, but that doesn’t make it true. The people sitting on the other side from Varoufakis have dug themselves into these positions.
Which, as they rightfully fear, are now threatened. Not because Syriza means to do so, but because they come to the table with that mandate, to put an end to what has caused Greece to sink as deep as it has. There’s nothing personal about that, it’s democracy at work, it’s politics. Still, it’s perceived as personal, because it makes the ‘old’ leadership uncomfortable. They haven’t seen it coming, they were convinced, all the way, that they would prevail. They mostly still are, but in a now much more nervous fashion.
It’s started to dawn on them that perhaps Syriza will not back down on its demands, that yet another – mostly superficial – political deal is not in the cards. CNBC reported last night that a deal on an extension of the existing bailout was near, and markets reacted quite strongly. It would appear, therefore, that both media and investors have been as deaf as the EU to what Syriza has been consistently saying, that it’s not interested in such an extension. It was never on the table, not from the Greek point of view.
There is of course a fear within the EU that what is granted to Greece will eventually also have to be handed to other countries. Interestingly, though, the incumbent governments of the countries involved, Spain, Portugal, Italy, have a vested interest in Syriza failing. Because if it doesn’t, their powers are set to dwindle. This is most urgently obvious in Spain, where PM Rajoy’s ruling party is already way behind Podemos in the polls.
Maybe for the reigning ‘kings and queens’ of the EU and its member states it’s inevitable that all this should become personal at some point. They’ve certainly tried hard enough to trivialize Grillo as some kind of clown through the years. Perhaps, also, it’s the demeanor, the popularity and the person of Varoufakis, the ‘new heart-throb of the thinking German woman’, as Ambrose characterized him. And I don’t think he meant Angela Merkel. Christine Lagarde, perhaps, who showed up yesterday in the sort of attire that seemed designed to blend in with Yanis.
But I still think the main reason things got personal is that with the arrival of Syriza on the scene, the ‘kings and queens’ can just ‘intuitively smell’ the changes that are afoot, and that don’t spell anything good for their own plush seats. For a while they could pretend it was all only – mostly right-wing – extremists that expressed feelings critical of the EU. And of course, Syriza is still habitually labeled ‘extreme left wing’ and ‘Marxist’, but Varoufakis clearly isn’t seen by people in Germany et al as some extremist nutcase.
The usual bag of tricks no longer works. And the subject Varoufakis brings to the table, that the EU and ECB economical policies have been an abject failure – at least for the people in Greece’ Main Street – is not some extreme notion either. Schäuble and Dijsselbloem can try and cling to the idea that Greece seeks to swindle German and Dutch voters out of even more money than they already have, and that still works to an extent, but it is wearing thin.
The contagion from Syriza success can be considerable, and though it pretends otherwise, the EU has no idea what it would mean down the line. Every single option they look at that is NOT Varoufakis surrendering, must scare them out of their socks. Anything they give up will be seen as a sign of weakness, and it will encourage parties for which Syriza ‘carries the torch’, and likely raise their support and votes.
However, if the Eurogroup don’t give up anything at all in the negotiations, there may be a Grexit, even with Russia and/or China stepping in to fund Athens. While there are all sorts of reports claiming that Grexit is manageable for the EU, don’t believe a word of them: nobody knows. And none of the present big shots wants to be held responsible for blowing up the common currency.
They have come to the realization over the past week that Syriza can be a ground-breaking force in Europe, not just a minor nuisance. They will have to adapt their attitude and their way of thinking, real fast. Monday February 16 comes to mind. Because Syriza will not back down and go for a bailout extension. For the simple reason that it is not what they see as their mandate. The Eurogroup had better be prepared for that, or it might become irrelevant in no time.
And no, no matter what they think, it’s not personal. Not for Varoufakis it isn’t. He merely represents the Greeks without access to health care who line up at soup kitchens. But you’re right, for those people, living in the third world that Europe has created within its borders, it’s very personal.
The reason to be fearful about the economic and financial future is that we are in the thrall of a mainstream consensus that is downright meretricious. In attacking Rand Paul’s audit legislation, for instance, one of the time-servers on the Fed Board of Governors, Jerome H. Powell, let loose the following gem:
“As recent U.S. history has shown, elected officials have often pushed for easier policies that serve short-term political interests…..”
Perhaps Mr. Powell is a descendent of Rip Van Winkle—–and missed the last 20 years of history while doing LBOs at the Carlyle Group and helping Congress improve upon its enviable record of fiscal management while at the Bipartisan Policy Center. But whatever he was doing—snoozing or otherwise distracted—- it most assuredly was not gathering evidence that “elected officials” were putting undue pressure on the Fed for “easier policies”.
For crying out loud there is exactly zero evidence that “politicians” had anything to do with zero interest rates. And ZIRP defines the ultimate level of “ease” according to Bernanke himself, who famously described his policies as positioned at the “zero bound”.
Indeed, given the very earliest expected date for “lift-off” in June, the Fed will have pinned the money market rate at zero for 80 months running. This unprecedented tsunami of “easy money”, of course, happened with nary a Congressman or Senator darkening the door at the Eccles Building.
Folks, this whole chorus of Fed governors—–yesterday’s lineup included Richard Fisher and Charles Plossner—-defending the sacred “independence” of the Federal Reserve is downright Kafkaesque. Rather than protecting the Fed from meddling politicians, it is the American public that desperately needs protection from the depredations of an unelected monetary politburo that runs the entire financial system.
Let’s say you have saved a quarter million bucks over a lifetime of working and scrimping, but wish to keep it safe and liquid in your retirement years. Well thank you “independent” governors of the Fed for the privilege of owning a bank CD that generates 40 bps or the grand sum $2.75 per day. That’s one visit to Starbucks each morning, but forget the cappuccino. It’s just black coffee for you!
In fact, the last time there was any significant agitation on Capitol Hill about the Fed being too tight was in the early 1990s. Back then, that same quarter million dollar nest egg would have earned about $12,000 per year, not $1,000 as it present, or a whole lot of Starbucks and other living expenses, too.
Stated differently, in their madcap pursuit of monetary “ease” our unelected financial suzerains at the Fed have implemented the most sweeping income transfer in history. By chopping upwards of 300 basis points off the historic after-tax and after-inflation return on liquid savings, the Fed annually pilfers $250 billion from the nation’s $8 trillion of depositors and savers.
Needless to say, the money extracted from the hides of savers ends up in the income statements of the US banking system. There it gets booked as retained earnings and proffered as evidence that the Fed has put bank balance sheets back into the pink of health; or with increasing frequency it is allocated to dividends and buybacks, thereby fueling the Fed’s so-called “wealth effects” levitation of the financial markets, and the net worth at the very top of the wealth and income ladder.
But however these extractions from the nation’s savers are channeled, they amount to nothing less than a giant fiscal policy maneuver; and one so repugnant to any sense of fairness and private property rights that it would otherwise have been laughed out of any standing committee on either side of the Capitol. So there is an easy money problem all right, but it originates in the Keynesian groupthink resident in the Eccles Building, not populist legislators attempting to one-up William Jennings Bryan or Wright Patman.
Come to think of it, we have actually not had a single Federal funds rate increase in 9 years. Not even once, not even 25 basis points. In fact, during the 121 meetings the Fed has held during this century it has either cut interest rates or held them constant 100 times.
But do not attribute that chronic, massive bias toward “ease” to untoward pressures from Capitol Hill. That outcome is the product of doctrine, not politics. It flows from utterly misguided and self-serving ideology of a handful of central bankers and their amen chorus on Wall Street that claims economic growth, jobs and improving living standards can be delivered by hitting the send button on the Fed’s printing press.
Back in the day, there was always a corporal’s guard of populists on Capitol Hill who pilloried the Fed for being too “tight”. Even the redoubtable Republican Senate Leader, Howard Baker, once braced Paul Volcker with a demand to “get your foot off the necks” of American business. But that was long ago, and by the end of the century not a peep emanated from Capitol Hill on the subject of tight money.
Nevertheless, it was actually after Congress went radio silent on the matter of monetary policy that the Fed’s balance sheet exploded. Indeed, during the first 86 years of its existence, the Fed’s balance sheet resembled the fabled Ohio State offense. About $5 billion and a cloud of dust—–year after year for decades running.
So by the year 2000, it had printed from thin air enough money to buy $500 billion of assets. By contrast, during the 13 weeks after the Lehman event, Bernanke printed $1.3 trillion—-and that was not owing to any Congressional mandate or gun to his head.
Indeed, it was Bernanke and his Wall Street sidekick, Hank Paulson, who went up to Capitol Hill and put a gun to their heads. It was these demagogues who scared the “politicians” witless with a phony alarm that Great Depression 2.0 was just around the corner unless the Fed opened the monetary spigots, and Congress added $700 billion of TARP on top.
In all, the Fed’s balance sheet has expanded by 9X since the time at the eve of the dotcom bust when the last disciple of Wright Patman was carried out of the House chambers. So you have to think there must be something else behind all this sudden gumming from the Eccles Building about preserving the Fed’s “independence”.
Actually, there is. What our monetary politburo is really worried about is that Rand Paul is on to something that is fundamentally threatening to their very regime. Namely, that ZIRP has crushed savers and rewarded Wall Street gamblers with free money to harvest the stupendous riches obtained from their carry trades; and that QE has been a bonanza for the fast money traders who front run the Fed but has done virtually nothing for the main street economy.
And here’s their even bigger fear. When this current massive financial bubble comes crashing down for the third time this century—-and that may happen any time soon—the torches and pitchforks are sure to come out.
At length, there will be legislation, but not merely an audit. In the fullness of time it will become evident that the problem is, in fact, undue influence and “capture”. That is, capture by Wall Street and the subordination of monetary policy to the palpable fear in the Eccles Building of a hissy fit in the casino.
And that goes to the heart of the matter. Congress not only needs to audit the Fed; it should shackle it entirely by abolishing the FOMC and eliminating its discretion to peg interest rates, expand its balance sheet and intervene proactively in the financial markets.
Stated differently, there is no need to replace the 12-member FOMC cum monetary politburo with a gaggle of 535 legislators on Capitol Hill. We have something called the free market, and that is the place where the right money market rate should be set by the interaction of users and suppliers of cash; where the yield curve should find its appropriate shape based on the interaction of savers and borrowers and the continuous flow of new information about the real world; and where honest capital markets can perform god’s work of allocating debt and equity at prices which are diligently “discovered” by at-risk investors and issuers.
At the end of the day, American capitalism does not need recycled political hacks like Jerome H. Powell or clueless school marms like Janet Yellen to thrive. If we need a Fed at all, it is the one designed by Carter Glass 100 years ago. That is, a “bankers bank” that was intended to provide standby liquidity at a penalty spread above the free market interest rate in consideration for good collateral originating from inventory and receivables in the real economy.
Under that arrangement, there would be no monetary central planning or pointless attempts to manage the level of GDP, the number of new jobs, the rate of housing starts, the fluctuations of the CPI or the amplitudes of the business cycle. There would also be no pegging of the money market rate, no helping hand for Wall Street gamblers, no cheap debt to enable profligate politicians to kick-the-can down the road indefinitely.
In short, what the nation really needs is not an “independent” Fed, but one that is shackled to a narrow and market-driven liquidity function. The rest of its current remit is nothing more than the self-serving aggrandizement of the apparatchiks who run it; and who have now managed to turn the nation’s vital money and capital markets into dangerous, unstable casinos, and the nations savers into indentured servants of a bloated and wasteful banking system.
Yes, the monetary politburo has every reason to fear Rand Paul’s demand for a “policy audit” of the Fed. An honest one would show that its so-called “independence” has been monumentally abused in a manner which is deeply threatening to both political democracy and capitalist prosperity.
Needless to say, we can’t have that audit soon enough.
It’s a NIRP world and you are either in it, or are determined to lose the currency wars. And hours ago, the world’s oldest central bank, that of Sweden, announced that it too would join its NIRP peers in an attempt to preserve its currency’s fighting power in the global currency wars which make a mockery of what is going on in Ukraine, by lowering the benchmark interest rate to -0.1%, but also launch QE by buying SEK 10 billion of government bonds, thereby making sure that the stock of available debt in private hands is even lower and that central banks monetize even more than merely “all” of all net issuance in 2015.
While it is unclear if NIRP is the missing link that will fix all that ails the deflating Swedish economy, one thing is clear: the Riskbank has just given the all clear to BTFATH:
t would appear the un-sourced rumors of Greek banks having used up their Emergency line of credit with the ECB are true. Following a hastily put together conference calls this morning:
*ECB RAISES GREECE ELA ALLOWANCE TO EU65BN: FAZ
Up from the previous EUR59.5 Billion. It appears the stealth bank run in Greece is showing no signs of slowing.
As Reuters repiorted yesterday,
The ECB moved Greek banks onto ELA last week after it ended a waiver on the quality of the nation’s debt it acceptsas collateral amid doubts that the newly elected government will conclude its aid program.
Greek banks have almost exhausted the 59.5 billion euros granted by the ECB, Skai Television reported yesterday, without saying how it got the information.
And so today, as Bloomberg reports,
*ECB DECIDED ON GREEK ELA ALLOWANCE IN TELEPHONE CONFERENCE: FAZ
The ECB’s Governing Council held a phone conference Thursday to raise the allowance for the Greek central bank to provide Emergency Liquidity Assistance by 5 billion euros, FAZ reports, without saying where it got the information.
t would have simply been too much to handle for Europe and the risk off algos if hours after the embarrassing failure of the emergency Eurogroup meeting in Brussels failed to reach any deal involving Greece, the Ukraine ceasefire negotiations in Minsk were also to fall apart. Again. Which is probably why after a marathon session lasting 17 hours, and following repeated trial balloons that a deal had and/or had not been reached, a short while ago all major media outlets were delighted to finally blast some Risk On news namely that leaders of France and Germany brokered a renewed deal to end Ukraine’s 10-month civil war in the separatist eastern region, which means that we have a Minsk-signed Ukraine ceasefire. Again.
Alas, with Ukraine having no gold left, the probability of the IMF staying to implement a long-term structural reform in the country is slim to none which means hyperinflation is almost certainly inevitable, but while Ukraine may or may not have reached a (temporary) ceasefire, it will at least have the cash to pay for its external obligations. Mostly to Russia.
Finally, as a reminder, this is the second time Ukraine peace has been signed on paper in Minsk, only for hopes to crash and burn in the days that followed. Many are skeptical this time will not be different, most certainly if headlines such as the following continue to appear in the coming hours and days, until the actual ceasefire is implemented on Sunday.