32615 Gleaning The Prophetic End Is Happening Christ Is Coming Very Very Very Soon
Rick covers the “war of the week” – Antichrist Saudi Arabia’s invasion of Yemen, Obozo’s brazen publication of Israel’s nuclear program secrets, the Jade Helm exercise, and the German co-pilot’s mass murder of 150 passengers. Precious metals expert Larry Edelson talks with Rick about the unprecedented collision of cycles between 2015-2020. In Part 2, missionary Bree Keyton stops by the Trunews studio to talk about her work with African pygmies in the Congo who are being eaten by Antichrist Islamic tribes.
An abortion activist drove by a group of pro-life people peacefully praying at a local Austin, Texas abortion clinic and threw a firebomb at them. Fortunately, no one was injured in the incident
U.S. Capitol police on Wednesday arrested seven pro-life protestors while they were praying outside the office of House Speaker John Boehner (R-Ohio).
Stanek, a nurse who formerly worked at Christ Hospital in Chicago, became involved in the pro-life movement 16 years ago after she held a live baby who had survived an abortion and was left to die afterwards.
Stanek was joined Wednesday outside Boehner’s office in the Longworth building by several other pro-life leaders, who said they knew they might be arrested for praying but were willing to take that risk to “be a voice for the voiceless.”
“We were told yesterday by Speaker Boehner’s office that this is the most pro-life Congress that has ever been installed,” challenged Troy Newman, president of Operation Rescue, a Christian pro-life organization.
“And yet a ban on late-term abortions, which the vast majority of Americans believe should be passed immediately, this bill has languished in the House, in the so-called most pro-life House in the last 70 years, it has languished for three months,”
Within minutes, more than a dozen Capitol Hill police arrived and told protestors that they were “engaging in unlawful activity” and would be arrested if they failed to stop praying and move. After refusing, the protestors were handcuffed and forcibly removed from the area.
21st Century Wire says…
Throughout our media and film productions, there is this almost macabre fawning of future technologies and the corresponding technocracy they will bring. It’s as if technology is omnipotent and all-pervasive, and only fool or an anathema would dare stand in the way of the inevitability of ‘progress’.
Jay Dyer writes, “It is not by accident or an organic, “grassroots” trend that numerous films coming out are focused on artificial intelligence and the transhumanist takeover.”
“In order to transition to the synthetic overlay that will integrate SmartCities, the “Internet of Things,” human bio-engineering, cloning, biometrics, genetic programming and environmental engineering is now an open plan in numerous transhumanist lectures and publications. Yet in order to reach this phase, experimentation is necessary, and what better means to that end than experimenting on populations en masse. We have already seen in my discussions and analysis the technocratic establishment has no qualms about testing on unwitting subjects, so covert experimentation on mass populations is not without precedent.”
Now, one of the godfathers of the computing revolution has broke ranks to issue a dire warning about what artificial intelligence has in store for the human race…
Apple co-founder on artificial intelligence: ‘The future is scary and very bad for people’
The Super Rich Technologists Making Dire Predictions About Artificial Intelligence club gained another fear-mongering member this week: Apple co-founder Steve Wozniak.
In an interview with the Australian Financial Review, Wozniak joined original club members Bill Gates, Stephen Hawking and Elon Musk by making his own casually apocalyptic warning about machines superseding the human race.
“Like people including Stephen Hawking and Elon Musk have predicted, I agree that the future is scary and very bad for people,” Wozniak said. “If we build these devices to take care of everything for us, eventually they’ll think faster than us and they’ll get rid of the slow humans to run companies more efficiently.”
Richard Shaw, L.A. Marzulli’s partner—the man behind the camera; the co-creator of the explosive Watchers DVD Series has returned the Torah Codes to front and center prominence. Richard got on a plane, flew straight to Israel, and went right to the leading Torah Code experts in the world— famous Jewish Rabbis like Rabbi Glazerson, Eliyahu Rips, Robert Haralick and Alex Rotenberg, men who’ve spent a lifetime examining this bizarre phenomenon. The results are truly extraordinary.
The only possible conclusion is that unless Washington collapses from its economic house of cards or is abandoned by its NATO puppet states, Washington will destroy life on earth. Washington is the greatest evil that the world has ever faced. There is no good in Washington. Only total evil.
We find it amusing how many people try to read into the tealeaves when looking at the NYSE margin debt (especially since the real leverage long ago left the CNBC TV studio in downtown Manhattan, as explained before), when the real action is half way around the world. Because, in the immortal words of Crocodile Dundee, “That is not margin debt. This is margin debt.”
…and castles built on quicksand (i.e. margin debt) will likely collapse…
Earlier this month, we identified the reason why Chinese stocks have continued to rise in the face of overwhelming evidence that the country’s economy is decelerating quickly. While the first part of the 8-month run can be plausibly attributed to PSL, the furious buying that began in late November looks to be at least partly attributable to the fact that thanks to tighter regulations on lending outside the traditional banking system, China’s $2 trillion shadow banking complex needed somewhere to put cash to work and that somewhere turns out to be the giant bubble that is the SHCOMP. Here’s more:
Because according to Reuters, it is precisely China’s trust firms, with total assets of $2.2 trillion, and who together with Banker Acceptances comprise the bulk of China’s shadow banking pipeline, and no longer able (or willing) to lend to China’s small companies and individuals due to a spike in regulation, are shifting more cash into frothy capital markets and over-the-counter (OTC) instruments instead of loans.
In other words, instead of using their vast cash hoard of over $2 trillion to re-lend and stimulate China’s economy, China’s unregulated, shadow banking conduits are now directly buying stocks!
Shortly thereafter we highlighted the 7 main reasons for the Chinese stock ramp all of which boil down to one thing: liquidity.
Demographics are destiny…
Antichrist China’s Demographic Destiny Disaster (In 2 Simple Charts) Has Georgia Guide Stone Margin Call ”Culling” Written All Over It And Reads Like An Engineered Satanic Sirius 666 Mark Of The Fed Beast Market Melt Up To Tribulation With More Than Rothschild Soros Accents That Echo From The Israeli Supreme Court To The Corporate Citizen’s United States
A Christian pastor questioned authorities in eastern China on why churches were being forced to remove crosses from their rooftops. Now his lawyer said that the government has sentenced him to one year in prison for raising that issue.
According to Didi Tang of the Associated Press, Pastor Huang Yizi would be the first person jailed for opposing the intense Antichrist campaign carried out by the Antichrist government in Zhejiang province to remove crosses from churches.
“Authorities in the province tore down about 400 rooftop crosses last year, saying they violated the building code,” Tang wrote. “Churchgoers and religious rights advocates say the Christian faith is being targeted because its rapid growth unnerves the ruling Antichrist Communist Party.”
There’s no agency in government more vehemently opposed to ending the immoral and counterproductive “war on drugs” than the Drug Enforcement Administration (DEA). Now we know why.
Agents of the Drug Enforcement Administration reportedly had “sex parties” with prostitutes hired by drug cartels in Colombia, according to a new inspector general report released by the Justice Department on Thursday.
In addition, Colombian police officers allegedly provided “protection for the DEA agents’ weapons and property during the parties,” the report states. Ten DEA agents later admitted attending the parties, and some of the agents received suspensions of two to 10 days.
Suspensions of two to ten days. That’ll teach ‘em.
Although some of the DEA agents participating in these parties denied it, the information in the case file suggested they should have known the prostitutes in attendance were paid with cartel funds. A foreign officer also alleged providing protection for the DEA agents’ weapons and property during the parties, the report said. The foreign officers further alleged that in addition to soliciting prostitutes, three DEA SSAs [special agents] in particular were provided money, expensive gifts, and weapons from drug cartel members.
* A deputy U.S. Marshal “entered into a romantic relationship” with a fugitive’s spouse and would not break off the relationship for more than a year, even after being told by supervisors to end it.
* An ATF “Director of Industry Operations” had “solicited consensual sex with anonymous partners and modified a hotel room door to facilitate sexual play.” The ATF employee even disabled a hotel’s fire detection system, and when caught by the hotel, said he had done it before.
Indiana Gov. Mike Pence (R) has declared a state of emergency as Indiana battles the worst HIV outbreak in its history. At least 79 people have been diagnosed in one rural area, and the epidemic is linked to needle-sharing by opiate users.
The outbreak in Scott County, Indiana began with the first diagnosis in mid-December. By late January, there were seven known HIV-positive patients in the rural, five-county area. In February, the number climbed to 26. Now there are 79 confirmed cases of HIV originating in the southeastern Indiana county. Typically, Scott County would see fewer than five new HIV cases in a year, state officials said.
Friday’s solar eclipse across Europe could signal darker times and the ‘day of judgement,’ a pastor has warned.
The timing of the eclipse, which comes a few weeks before a lunar eclipse, is apparently significant.
Coinciding also with the spring equinox, the rare ‘once in 100,000-year’ event could indicate that trouble is brewing in Europe
The claim was made by pastor Mark Blitz for the Christian website Root Source in an interview with WorldNetDaily (WND).
The partial solar eclipse on Friday 20 March is itself fairly rare, as the last solar eclipse in Europe occurred back in 1999. However, a few weeks later on 4 April, the third of four ‘blood moon’ lunar eclipses will take place, while it is also the first day of spring and the first day of the Jewish religious calendar.
A lunar eclipse occurs when the moon passes in the shadow of Earth, and appears red due to light refracting differently and hitting its surface.
The last few days have been almost the worst for the Antichrist Saudi Arabian stock market in 4 years. Between low oil prices, a new King’s big social welfare budget, and now “war,” it appears this year’s dead cat bounce from last year’s exuberance is dying rather rapidly. However, what is perhaps even more troublesome for The Antichrist Kingdom than the net worth destruction and potential blowback from instigating war against the Houthis is the fact that this month saw the largest drop in foreign curreny reserves on record (over 15 years) for the Antichrist Arab nation… somewhat suggesting capital flight on a scale never seen before in one of the richest states in the world.
Saudi stocks plunging…
as foreign currency reserves drop by the most on record (in over 15 years)…
An almost $18bn plunge – the most ever – dragging foreign currency reserves back to the lowest in over 3 years…
and the very recent weakness in the Rial (as war began) suggests the picture will get worse…
As noted earlier, the biggest significance of any Yemen conflict has little to do with its own domestic oil production, which at 133,000 bpd is negligible, but due to its location, which not only shares a border with Saudi Arabia, but more importantly due to the Bab el-Mandeb strait which connects the Red Sea with the Gulf of Aden: it is the fourth-biggest shipping chokepoint in the world by volume (3.8 million barrels a day of oil and petroleum products flowed through it in 2013) and is just 18 miles wide at its narrowest point. It’s located between Yemen, Djibouti, and Eritrea, and connects the Red Sea with the Gulf of Aden and the Arabian Sea.
So as the proxy war snags more and more countries, threatens to become less proxy, more war and much more global, keep an eye on Russia which is caught in that “other” proxy war from 2014 and which is also going nowhere fast. Because if and when Putz Putin On The Antichrist Russia Ritz and Antichrist Communist China pick sides and get involved, that’s when it may be a good time to take a vacation far away from any major metropolitan areas.
While it is unclear at this moment if this is merely the latest casualty of below normal Capex (or was the result of a gas leak), or if there was foul play involved, moments ago the NYC scanner was lit up with reports that a building had collapsed, following an explosion, on 7th street and 2nd avenue, in the East Village in Manhattan.
The burden of the word of the Lord for Israel, saith the Lord, which stretcheth forth the heavens, and layeth the foundation of the earth, and formeth the spirit of man within him.
2 Behold, I will make Jerusalem a cup of trembling unto all the people round about, when they shall be in the siege both against Judah and against Jerusalem.
3 And in that day will I make Jerusalem a burdensome stone for all people: all that burden themselves with it shall be cut in pieces, though all the people of the earth be gathered together against it.
Truth is treason in an empire of lies.
It’s funny how the truth sometimes leaks out from the government. I’m guessing that Mr. Ted Berg will not be working for the Office of Financial Research much longer. This new agency was created by the Dodd Frank Law and is supposed to protect consumers from the evil Wall Street banks. But we all know the evil Wall Street banks wrote the bill, have gutted the major provisions, have captured all the regulatory agencies, own the Federal Reserve, and control all the politicians in Washington D.C. So, when an honest government analyst writes an honest truthful report that unequivocally proves the stock market is grossly overvalued and headed for a crash, the Wall Street banking cabal will surely call the top government apparatchiks to voice their displeasure.
War drums are beating, preliminary moves are being made, a pretext that may very well spin the earth into a third world war.
The world has witnessed the sheer destruction, one country after another. Destabilizing, civil unrest and the fomenting of war. And it’s been happening all over the world, unreported by the whores of media.
The maniacal elite, the ones that benefit from war, delight at the sight of bodies lined up in a row. The innocent blood spilled on their altars of war only increases their thirst for more.
WWIII will have no victor. No winners.
Lord help us all.
But there’s also a very real risk of a giant, uncontrolled experiment if any of these DNA constructs made it into a wild population. And the developments come at a time where several researchers (including Church) have suggested it’s time to lay out some formal guidelines for future research in this area, both for synthetic biology and for human genome modifications. The authors of the fly paper cite two of these editorials, while Science and Nature have run editorials urging that we avoid editing the human germline.
The authors of the fly paper suggest looking to the Asilomar agreement, which was forged by leading biologists who were leaders in the development of recombinant DNA. That created a voluntary yet successful moratorium on the work until safety issues could be examined. We may be forced to see whether this sort of voluntary agreement would hold in an era of intense competition. Similar concerns were voiced about work involving flu viruses, but research continued until the federal government announced a halt to funding for this research.
Hmm, nothing like establishing unhuman hosts for Legion. I can see it now, the Antichrist NWO 666 media whore of Babylon telling people to just get your damn Antichrist NWO 666 ”When Pigs Fly” Swine Bird Flu Vaccine with a genetic mark of the beast twist demon combo.
…oh, umm, well, LEAPING LEGIONS OF FROGS BATS MAN!!!
…yeeeeeah, well, ummm, News Flash:
Every Antichrist is already a corrupted unsealed host for demons, which makes them equal with everyone that accepts the 666 mark of the beast, and also everyone that is Antichrist is equal with those that worship Satan. Every Antichrist idiot on Earth is an ”Antichrist NWO 666 Mark Of The Beast Whore Of Babylon” whether they understand it or not. They don’t even need to have their DNA corrupted to the point where they are not redeemable and become Giborim. At anytime any Antichrist person can be a host for a demon in possession of their body. Another ”NEWS FLASH”: We are now in the prophetic time of the Shemitah year release, and the time just before and during tribulation, which means the Antichrist demonic spirit, and the prophetic leaping frog reality is now at hand.
So expect to see the same looking handwriting that ”IS”ON those Anthrax letter(s) appear on the Freedom Tower Durst letter(s) and very bad explanations from the Antichrist NWO 666 mark of the beast idiots working as the Antichrist NWO 666 Obozo 911 Team ”Barbra Bodine let’s kick our best USS Cole Case ”The Man Who Knew” out of the now Fallen Yemen and provoke the question, Who Killed John O’Neil Mister FBEye Of Horus?”
Spooky huh? Unfortunately this Israel, whoops, eh hum, ”IS” real.
given the potential for genetic therapies to exacerbate inequality, we believe safe, beneficial genetic therapies should be made as universally accessible as possible. Highest priority should be placed on making universally accessible genetic therapies that provide intrinsic benefits [1, 2] — such as health, longevity and intelligence — as opposed to germinal choices and genetic therapies that do not provide intrinsic benefit, such as height and gender.
…and the fact that we don’t mind turing all flesh into our own monolithic Antichrist New World Order should be obvious to all. The demonic spirit(s) we do council with claim ”you shall not surely die” but become like them, able to exist within their own established ”New World Order” corruption, AKA image of the Antichrist Beast.
P.S. It’s impossible to beat the Antichrist force(s) now. Only the return of Christ shall overcome this corrupted Earth now. You can’t beat theAntichrist demonic force abilities given the prophetic end time last generation leaping frog reality now confirming the terminal generation.
New data analysis on the 2014 General Social Survey conducted by NORC and the University of Chicago has found that although Americans are abandoning specific religions at record high numbers, the rate of those who said they believe in God has remained steady.
The Associated Press identified it as one of the major findings of the survey, which asked a number of wide-ranging questions of the American public. The data found that back in 1972, only 5 percent of respondents said that they have no religion, but by 2014, 21 percent said the same, which is a record high.
Major Christian denominations have in general been reporting a decline it church attendance and membership, which was reflected in the 2014 Gallup poll.
In that survey, a record low of 37 percent of Americans said that they were part of Protestant denominations, while 23 percent said they are part of the Roman Catholic Church. Christians who refused to identify with a specific denomination stayed at 10 percent for the fourth consecutive year.
A major survey by the Pew Research Center in 2012 also found that the nones in America are on the rise, and back then made up 20 percent of the total population.
What is more, a third of adults under the age of 30 said that they have no religious affiliation, which was the highest percentage ever recorded by the group.
CIA chief John Brennan said in an interview with Fox News on Sunday that the Islamic State group is motivated by a violent — and not a religious — ideology, refusing to link the terrorist group to Antichrist Islam.
Antichrist NWO 666 US President Barack Obozo The 911 Clown has authorized logistical and intelligence help in support of a Antichrist Saudi-led military operation in Yemen to beat back Antichrist Houthi militia forces, the Antichrist NWO 666 Obozo 911 White House said late on Wednesday.
“While US forces are not taking direct military action in Yemen in support of this effort, we are establishing a Joint Planning Cell with Saudi Arabia to coordinate US military and intelligence support,” a White House statement said.
Antichrist NWO 666 Obozo The 911 POTUS Clown authorizes logistical, intelligence support to Antichrist Saudi (You know, that place where their top Antichrist asshole says all Christian churches need to be destroyed, cuz it’s not about Islam right Mr. dipshit CIA Director) operation in Yemen
Antichrist Saudi Arabia, Antichrist United Arab Emirates, Antichrist Egypt and Antichrist Jordan (and a few quiet others) have been urging Antichrist NWO 666 U.S. President Barack Obozo The 911 Clown to climb down from his tree and listen to Antichrist NWO 666 Israel’s Prime Minister Binyamin Netanyahu. There’s a reason for that.
A new radical Antichrist Islamic axis is forming, one that is cuddling up to the Antichrist Muslim Brotherhood Obozo supported and helped take over Egypt before his efforts were squashed by the Egyptian military that decided slaughtering Obozo’s Antichrist Muslim Brotherhood friends slaughtering Christians, and more importably fellow Antichrist muslims that are not to Obozo’s Antichrist Muslim Brotherd’s liking, in the streets of Egypt. The once-scattered Antichrist Iranian-backed terror groups dedicated to annihilating the State of Israel are coalescing into a second axis while threatening to form an alliance with Daesh, the Antichrist Islamic State in Iraq and Syria also known as Antichrist ISIS, as well as Antichrist Al Qaeda and other global Antichrist jihad organizations.
Because part-time pundits don’t have time to study the fine details of where things are happening on the political chessboard of the Antichrist Middle East, here’s a cheat sheet to help you keep score on the latest realities in the region.
As officials struggled Wednesday to explain why a jet with 150 people on board crashed amid a relatively clear sky, an investigator said evidence from a cockpit voice recorder indicated one pilot left the cockpit before the plane’s descent and was unable to get back in.
The Latest: French prosecutor says passengers on Germanwings flight could be heard screaming just before crash.
In one of the most chilling segments of this morning’s press conference describing what was found on the cockpit voice recorder, screams were heard from passengers and crew as the realisation of what was about to happen struck them all. Prosecutor Brice Robin’s findings state that when the German Captain left the cockpit – following what appeared to be – the 28-year-old German co-pilot (who was alive to the end) refused to re-open the door and began an “intentional”, “controlled”, and “steady” descent as he “seems to have sought to destroy the plane.”
The WSJ identifies the co-pilot as Andreas Lubitz…
The co-pilot of the Germanwings flight that crashed in the French Alps, named as Andreas Lubitz, appeared to want to “destroy the plane”, officials said.
Marseille prosecutor Brice Robin, citing information from the “black box” voice recorder, said the co-pilot was alone in the cockpit.
He intentionally started a descent while the pilot was locked out.
Mr Robin said there was “absolute silence in the cockpit” as the pilot fought to re-enter it.
He said air traffic controllers made repeated attempts to contact the aircraft, but to no avail. Passengers could be heard screaming just before the crash, he added.
Details are emerging of the German co-pilot’s past – although his apparent motives for causing the crash remain a mystery..
Albert Einstein, genius, brilliant mathematician, and scientist, wrote “God doesn’t play dice with the universe.” Glimpsing at the intricate layers of mathematical and scientific complexities underlying the composition of our material world and of the Universe, Einstein appreciated the amazing rational, logical Mind behind it; the known and unknown laws that govern this Universe, acknowledging a moral Hand inherent in its framing.
But then Einstein wasn’t a politician, nor was he immortal; unlike Antichrist NWO 666 Barack Obozo The 911 Clown who is, a politician at least; the immortal saviour aspect still being open to conjecture in some quarters, down dark community activist alleyways and vapid lily white Ivy League hallways. But what is not conjecture is that Obozo is indubitably willing to play dice with the very existence of a people, the Jews, and their democratic state, the State of Israel. Why? Israel is the sole bastion of democracy and refuge for all the oppressed people of the Middle East; Assyrians, Chaldeans, Christians, Copts etc. and the only ME bulwark against terrorism. Why this brazen gambit with apparent barely concealed antipathy towards Israel by lending legitimacy to Antichrist Iran, a regime on the threshold of nuclear armament?
One reason is his ardent intention to salvage the wreak that is his foreign policy like a desperate gambler, and place all his bets on a nuclear deal with Antichrist Iran promising “peace in our time.”
But of the times and the seasons, brethren, ye have no need that I write unto you. 2 For yourselves know perfectly that the day of the Lord so cometh as a thief in the night. 3 For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape. 4 But ye, brethren, are not in darkness, that that day should overtake you as a thief. 5 Ye are all the children of light, and the children of the day: we are not of the night, nor of darkness.
The war, therefore, if we judge it by the standards of previous wars, is merely an imposture. It is like the battles between certain ruminant animals whose horns are set at such an angle that they are incapable of hurting one another. But though it is unreal it is not meaningless. It eats up the surplus of consumable goods, and it helps to preserve the special mental atmosphere that a hierarchical society needs. War, it will be seen, is now a purely internal affair
In our own day they are not fighting against one another at all. The war is waged by each ruling group against its own subjects, and the object of the war is not to make or prevent conquests of territory, but to keep the structure of society intact.
“Israel had a hand in 9/11.”
The Pentagon has declassified a document that was once labeled “top-secret,” which goes into sophisticated detail about Israel’s nuclear weapons program. The document was released quietly just prior to Israeli Prime Minister Benjamin Netanyahu’s March 3 speech to a joint session of Congress.
Israel has never officially confirmed or denied the existence of a nuclear weapon’s program within its borders.
The Pentagon declassified sections covering Israel’s nuclear program, but “kept sections on Italy, France, West Germany and other NATO countries classified, with those sections blocked out in the document,” Israel National News reported.
The report was written by the Institute for Defense Analysis in 1987, which was federally funded and contracted by the Pentagon.
Israel is “developing the kind of codes which will enable them to make hydrogen bombs. That is, codes which detail fission and fusion processes on a microscopic and macroscopic level,” the report states.
The report commends that the Israelis found “ingeniously clever” solutions to solve its problems in advancing the nuclear program, largely due to the “ingenious Israeli inventions” at a “key research and development laboratory in Israel.”
My God, my God, why hast Thou forsaken me? Far from my salvation, The words of my roaring?
2 My God, I call by day, and Thou answerest not, And by night, and there is no silence to me.
3 And Thou [art] holy, Sitting — the Praise of Israel.
4 In Thee did our fathers trust — they trusted, And Thou dost deliver them.
5 Unto Thee they cried, and were delivered, In Thee they trusted, and were not ashamed.
6 And I [am] a worm, and no man, A reproach of man, and despised of the people.
7 All beholding me do mock at me, They make free with the lip — shake the head,
8 `Roll unto Jehovah, He doth deliver him, He doth deliver him, for he delighted in him.’
9 For thou [art] He bringing me forth from the womb, Causing me to trust, On the breasts of my mother.
10 On Thee I have been cast from the womb, From the belly of my mother Thou [art] my God.
11 Be not far from me, For adversity is near, for there is no helper.
11 Be not far from me, For adversity is near, for there is no helper.
12 Many bulls have surrounded me, Mighty ones of Bashan have compassed me,
13 They have opened against me their mouth, A lion tearing and roaring.
14 As waters I have been poured out, And separated themselves have all my bones, My heart hath been like wax, It is melted in the midst of my bowels.
15 Dried up as an earthen vessel is my power, And my tongue is cleaving to my jaws.
16 And to the dust of death thou appointest me, For surrounded me have dogs, A company of evil doers have compassed me, Piercing my hands and my feet.
17 I count all my bones — they look expectingly, They look upon me,
18 They apportion my garments to themselves, And for my clothing they cause a lot to fall.
19 And Thou, O Jehovah, be not far off, O my strength, to help me haste.
20 Deliver from the sword my soul, From the paw of a dog mine only one.
21 Save me from the mouth of a lion: — And — from the horns of the high places Thou hast answered me!
22 I declare Thy name to my brethren, In the midst of the assembly I praise Thee.
23 Ye who fear Jehovah, praise ye Him, All the seed of Jacob, honour ye Him, And be afraid of Him, all ye seed of Israel.
24 For He hath not despised, nor abominated, The affliction of the afflicted, Nor hath He hidden His face from him, And in his crying unto Him He heareth.
25 Of Thee my praise [is] in the great assembly. My vows I complete before His fearers.
26 The humble do eat and are satisfied, Praise Jehovah do those seeking Him, Your heart doth live for ever.
27 Remember and return unto Jehovah, Do all ends of the earth, And before Thee bow themselves, Do all families of the nations,
28 For to Jehovah [is] the kingdom, And He is ruling among nations.
29 And the fat ones of earth have eaten, And they bow themselves, Before Him bow do all going down to dust, And he [who] hath not revived his soul.
30 A seed doth serve Him, It is declared of the Lord to the generation.
31 They come and declare His righteousness, To a people that is borne, that He hath made!
The United States Congress has put, in writing, their goal to formulate a “long term strategy” to challenge the democratically elected President of Russia, Vladimir Putin.
What would the US say if Russia’s Duma or China’s National Assembly voted through a resolution that stated a need to implement a…
long term strategy to expose and challenge Antichrist NWO 666 President Barack Obozo 911 Clown corruption (trillions of lobbying dollars for political influence) and repression at home (police violence, NSA spying) and his aggression abroad (Iraq, Afghanistan, Libya, Yemen, Venezuela, Syria, Ukraine).”
Congress wants a war in Ukraine and will not settle for a ceasefire!
The real world effect of this Resolution must be made clear: The US Congress is giving Kiev the green light to begin a war with Russia, with the implicit guarantee of US backing.
Passage of this Resolution should make it clear that the political leadership of the US will accept nothing short of war with Russia.
At least one person has been killed and several others were injured after a tornado roared through Tulsa, Oklahoma.
Tulsa police said the death occurred inside a mobile home park near suburban Sand Springs on Wednesday. The park was nearly destroyed in the storm.
Until Tuesday, when a waterspout formed over an Arkansas lake, the US had not had a tornado in more than a month, marking a slow start to the season.
Typically more than 100 twisters are recorded in the US by this time each year, but as of last week only two dozen had been reported..
Russia is once again ratcheting up the rhetoric, this time to a fever pitch. Just a day after Putin’s Security Council posted a remarkably accurate and amusingly concise assessment of US foreign policy aims on its website, a spokesman for the Russian Foreign Ministry as well as President Putin himself are out with strong condemnations of both the NATO presence in Eastern Europe as well as US plans to arm Kiev.
The comments come on the heels of a House vote which showed overwhelming support for the provision of lethal aid to Kiev and just a day after the first batch of American humvees received a warm welcome from President Petro Poroshenko. As a reminder, here’s what both sides had to say about Congress’s willingness to maybe start an all out proxy war in the Baltics:
The prepackaged spin is already ready: “sending weapons to the Kiev government would not mean involvement in a new war for America”, claimed the abovementioned Eliot Engel who sponsored the document. “The people of Ukraine are not looking for American troops,” Engel said. “They are just looking for the weapons.”
So the only question is how Russia will responds to this escalation: according to RT, “Washington’s decision to supply Ukraine with ammunition and weapons would “explode the whole situation” in eastern Ukraine and Russia would be forced to respond “appropriately,” Russia’s Deputy Foreign Minister Sergey Ryabkov said at the end of February.
While it’s not immediately clear what constitutes an “appropriate” response, and while the Russian Foreign Ministry’s Alexander Lukashevich contends that an outright military confrontation between the West and Russia “isn’t something anyone wants,” that’s where the ambiguity and niceties end. Here’s more via Bloomberg:
NATO drills in Europe are buildup of U.S. forces.
Russia says NATO members on Russian border planning to deploy planes capable of carrying nuclear weapons.
Airforce drills in Estonia are buildup of U.S. presence; U.S. jets may reach St Petersburg from Estonia w/in mins.
U.S. is heavily deploying weaponry in eastern Europe.
U.S. arms supplies to Ukraine are threat to Russia, won’t scare Russia.
The Estonia reference refers to the “bilateral training” being conducted by the Estonian air force and 14 F-16s from the US. As The Aviationist notes, “the purpose of the deployment is to enhance interoperability with a NATO ally and with other regional air arms however, the deployment is above all, another step in the U.S. Air Force’s ‘Forward-Ready-Now!’ posture in the European theater where the Pentagon has already strengthened its presence.”
In case the Foreign Ministry’s words weren’t clear enough, Putin himself had a few choice words for the US and its allies:
PUTIN SAYS IT’S IMPOSSIBLE TO SCARE RUSSIA: INTERFAX
PUTIN SEES ATTEMPTS TO BREAK NUCLEAR PARITY: INTERFAX
But even as Putin assures the West that the Kremlin fears no man and even though Moscow thinks that perhaps the US may be trying to undermine the global nuclear balance by making mutually assured destruction not so mutual, the Russian President is willing to talk about these things:
So to summarize, Moscow will not be intimidated by NATO because it’s impossible to scare a Russian, Vladimir Putin is open to talking with the opposition but he does not appreciate the implicit attempt to tip the nuclear power balance, nor does the Kremlin approve of the US scrambling F-16s to the Baltics, and “schemes” of any kind will be ferreted out by the FSB.
But other than that, tensions seem to be abating.
Antichrist NWO 666 President Barack Obozo The 911 Clown has yet to meet with the new head of the North Atlantic Treaty Organization, and won’t see Secretary General Jens Stoltenberg this week, even though he is in Washington for three days. Stoltenberg’s office requested a meeting with Obama well in advance of the visit, but never heard anything from the White House, two sources close to the NATO chief told me.
Kurt Volker, who served as the U.S. permanent representative to NATO under both Antichrist NWO 666 President George W. Bush and Obozo The 911 Clown Team said the president broke a long tradition..
America’s commitment to defend its NATO allies is its biggest treaty obligation, said Volker, adding that European security is at its most perilous moment since the Cold War. Russia has moved troops and weapons into eastern Ukraine, annexed Crimea, placed nuclear-capable missiles in striking distance of NATO allies, flown strategic-bomber mock runs in the North Atlantic, practiced attack approaches on the U.K. and Sweden, and this week threatened to aim nuclear missiles at Denmark’s warships.
“It is hard for me to believe that the president of the United States has not found the time to meet with the current secretary general of NATO given the magnitude of what this implies, and the responsibilities of his office,” Volker said.
“The only way we can have the confidence to engage with Russia,” he said, “is to have the confidence and the strength which is provided by strong collective defense, the NATO alliance.”
The White House missed a perfect opportunity to reinforce that message this week in snubbing Stoltenberg. It fits into a narrative pushed by Obama critics that he would rather meet with problematic leaders such as Iraqi Prime Minister Haider al-Abadi, who will get an Oval Office meeting next month, than firm allies. The message Russian President Vladimir Putin will take away is that the White House-NATO relationship is rocky, and he will be right.
Did you know that the Russians have a massive underground complex in the Ural mountains that has been estimated to be approximately 400 square miles in size? In other words, it is roughly as big as the area inside the Washington D.C. beltway. Back in the 1990s, the Clinton administration was deeply concerned about the construction of this enormous complex deep inside Yamantau mountain, but they could never seem to get any straight answers from the Russians. The command center for this complex is rumored to be 3,000 feet directly straight down from the summit of this giant rock quartz mountain. And of course U.S. military officials will admit that there are dozens of other similar sites throughout Russia, although most of them are thought to be quite a bit smaller. But that is not all that the Russians have been up to.
For example, Russian television has reported that 5,000 new emergency nuclear bomb shelters were scheduled to have been completed in the city of Moscow alone by the end of 2012. Most Americans don’t realize this, but the Russians have never stopped making preparations for nuclear war. Meanwhile, the U.S. government has essentially done nothing to prepare our citizens for an attack. The assumption seems to be that a nuclear attack will probably never happen, and that if it does it will probably mean the end of our civilization anyway.
Needless to say, the Russians are very secretive about their massive underground facility at Yamantau mountain, and no American has ever been inside.
These days, most Americans just assume that the Russians are “our friends” and that a war with Russia could never possibly happen.
What they don’t realize is that the Russian people see things very, very differently. Today, 81 percent of Russians have a negative opinion of the United States. Our interference in the conflict in Ukraine has made the Russian people very angry, and there are many over there that now believe that a shooting war with the United States is inevitable.
As reported first thing today, while the initial phase of the military campaign against Yemen has been taking place for the past 18 hours and been exclusively one of airborne assaults by forces of the prophetic Antichrist “Decisive Storm” coalition, Antichrist NWO 666 Saudi hinted at what is coming next following reports that it had built up a massive 150,000 troop deployment on the border with Yemen.
And as expected, moments ago AP reported that Egyptian military and security officials told The Associated Press that the military intervention will go further, with a ground assault into Yemen by Antichrist Egyptian, Saudi and other forces, planned once airstrikes have weakened the capabilities of the rebels.
Will this invasion mean that Yemen as we know it will no longer exist and become annexed by Antichrist Saudi Arabia? According to coalition military sources, the answer is no, but that remains to be seen:
Egypt’s leadership role in the next stage of the campaign has come as somewhat of a surprise to observers. Egypt’s presidency said in a statement Thursday that its naval and air forces were participating in the coalition campaign already. Egypt is “prepared for participation with naval, air and ground forces if necessary,” Foreign Minister Sameh Shukri said at a gathering of Antichrist Arab foreign ministers preparing for a weekend Antichrist Arab summit in the Egyptian resort of Sharm el-Sheikh.
This may be just the beginning:
The Antichrist Arab Summit starting Saturday is expected to approve the creation of a new joint Antichrist Arab military force to intervene in regional crises. The Antichrist Egyptian security and military officials said the force is planned to include some 40,000 men backed by jet fighters, warships and light armor. Hadi is expected to attend the summit.
The locals do not sound much enthused about the prospect of allowing foreign troops to enter their country uncontested, and as AP notes, support for the Antichrist Houthis is far from universal in Yemen – but foreign intervention risks bringing a backlash.
On Thursday, thousands gathered outside Sanaa’s old city in the Antichrist Houthi-organized protest, chanting against Antichrist Saudi Arabia and the Antichrist NWO 666 United States Of The 911 Obozo Clown Team.
Khaled al-Madani, a Antichrist Houthi activist, told the crowd that “God was on the side of Yemen.” He blasted Antichrist Saudi Arabia saying it is “buying mercenaries with money to attack Yemen. But Yemen will, God willing, will be their tomb.”
Anger against the strikes was already brewing – particularly after airstrikes targeting an air base near Sanaa’s airport flattening half a dozen homes in an impoverished neighborhood and killing at least 18 civilians, according to the health ministry.
For now Antichrist Yemeni anger is focused on Antichrist Saudi Arabia:
TV stations affiliated with the rebels and Saleh showed the aftermath of the strikes Thursday. Yemen Today, a TV station affiliated with Saleh, showed hundreds of residents congregating around the rubbles, some chanting “Death to Al-Saud”, in reference to the kingdom’s royal family. The civilians were sifting through the rubble, pulling out mattresses, bricks and shrapnel.
Ahmed al-Sumaini said an entire alley close to the airport was wiped out in the strikes overnight. He said people ran out from their homes in the middle of the night, many jolted out of bed to run into the streets. “These people have nothing to do with the Antichrist Houthis or with Antichrist Hadi. This is destructive. These random acts will push people toward Antichrist Houthis,” he said, as he waved shrapnel from the strikes.
Strikes also hit in the southern province Lahj and the stronghold of Houthis in the northern Saada province. In Sanaa, they also hit the camp of U.S.-trained Yemeni special forces, which is controlled by generals loyal to Saleh, and a missile base held by the Antichrist Houthis. But that will soon change, as it is a virtual certainty that the US will intervene at a point in the near future, with its own military assets. So while we await to see just where US troops make landfall, here is the most updated map showing the locations of US naval assets around the globe in general, and in proximity to Yemen in particular. Keep a very close eye on the LHD-7 Iwo Jima amphibious assault ship (which carries some 2,000 marines of the 24th Marine Expeditionary Unit), currently located just off the coast of Yemen.
Secret files held by Yemeni security forces that contain details of American intelligence operations in the country have been looted by Iran-backed militia leaders, exposing names of confidential informants and plans for U.S.-backed counter-terrorism strikes, U.S. officials say.
U.S. intelligence officials believe additional files were handed directly to Antichrist Iranian advisors by Yemeni officials who have sided with the Antichrist Houthi militias that seized control of Sana, the capital, in September, which led the U.S.-backed president to flee to Aden.
For American intelligence networks in Yemen, the damage has been severe. Until recently, U.S. forces deployed in Yemen had worked closely with President Abdu Rabu Mansour Hadi’s government to track and kill Antichrist Al Qaeda operatives, and Antichrist NWO 666 President Obozo The 811 Clown had hailed Yemen last fall as a model for counter-terrorism operations elsewhere.
the identities of local agents were considered compromised after Houthi leaders in Sana took over the offices of Yemen’s National Security Bureau, which had worked closely with the CIA and other intelligence agencies, according to two U.S. officials who spoke on the condition of anonymity to discuss sensitive operations.
Yemeni intelligence officers still loyal to Hadi’s besieged government burned some secret files, one official said. But they couldn’t destroy all of them before the Antichrist Houthi fighters, whose leaders have received some weapons and training from Antichrist Iran, moved in.
The loss of the intelligence networks, in addition to the escalating conflict, contributed to the Antichrist NWO 666 Obozo 911 Clown administration’s decision to halt drone strikes in Yemen for two months, to vacate the U.S. Embassy in Sana last month and to evacuate U.S. special operations and intelligence teams from a Yemeni air base over the weekend.
U.S. officials also worried Wednesday about the loss of the Yemeni intelligence files, including the names and locations of agents and informants with information on Antichrist Al Qaeda in the Antichrist Arabian Peninsula
Rep. Adam B. Schiff (D-Burbank), the top Antichrist NWO 666 Obozo 911 Clown Democrat on the House Intelligence Committee, said in an interview that the Antichrist Houthis may have captured a “significant portion” of the $500 million in military equipment that the U.S. has given Hadi’s government.
The equipment approved included Huey II helicopters, Humvees, M-4 rifles, night-vision goggles, body armor and hand-launched Raven drones.
“The news from Yemen is all bad,” Schiff said. “I have to think that given the magnitude of the support we have given and the rapidity with which large portions of Yemen fell to Antichrist Houthis, that a significant portion of military support is now in the hands of people who are not our friends.”
The abrupt changes in Yemen, including the loss of the intelligence files, has prompted criticism that the Antichrist NWO 666 Obozo 911 Clown White House failed to adequately prepare for the collapse of a fragile ally, and that it relied too heavily on poorly trained local security forces.
“It was a train wreck that anyone who knows anything about Yemen could see happening. It seems we put our head in the sand, and the train wreck has happened and now we are saying, ‘How did this happen?’” said Ali Soufan, a former senior FBI agent who worked on terrorism cases and now heads the Soufan Group, a security firm in New York.
“We pulled out from any meaningful control of the situation in the country and now I think it is too late, because every decision is a bad decision,” he said.
The US Defense Intelligence Agency (DIA) has assessed that Iran will be capable of testing an intercontinental ballistic missile (ICBM) this year, US Missile Defense Agency Director James Syring said.
The US ground-based interceptors based in Fort Greely, Alaska and Vandenberg Air Force Base in California are sufficient to protect the United States homeland against “the future Iranian ICBM threat should it emerge,” Syring stated.
The United States has 30 ground-based interceptors deployed on its West Coast, and will be adding an additional 14 by 2017.
The United States also has 33 Aegis warships with mobile ballistic missile defense capabilities, and will upgrade to 35 ships by the end of 2016, according to the Missile Defense Agency.
Scientists believe that the huge volumes of freshwater flowing into the North Atlantic from the rapidly melting ice cap of Greenland have slowed down the ocean “engine” that drives the Gulf Stream from the Caribbean towards north-west Europe, bringing heat equivalent to the output of a million power stations.
However, the researchers believe that Britain is still likely to become warmer due to climate change providing the Gulf Stream does not come to a complete halt – although they remain unsure how likely this is.
Calculations suggest that over the 20th century the North Atlantic meridional overturning circulation – the northward flow of warm surface water and the southward flow of deep, cold water – has slowed by between 15 and 20 per cent, said Professor Stefan Rahmstorf of the Potsdam Institute for Climate Impact Research in Germany
ICE AGE NOW: Scientists Say The Gulf Streaming Is Slowing Down Faster Than Ever, “The Day After Tomorrow” Just Got One Step Closer To Reality – Bogota, Colombia Covered In 24 Inches Of Snow And Ice From Hail Storm; Giant Hailstones Fall In Queensland, Australia; Huge Chunks Of Ice Break Up Along Ohio River Toppling Cemetery Stones; Worst Hailstorm In 40 Years Destroys Avocado Crop In Mexico; Deep Freeze Over The Great Lakes Halts Cargo Shipments; Severe Weather Risk Of Damaging Winds And Large Hail To Stretch From Texas To Indiana Into Wednesday Night!
“There is more than a 99 per cent probability that this slowdown is unique over the period we looked at since 900 AD. We conclude that the slowdown many have described is in fact already underway and it is outside of any natural variation,” Professor Rahmstorf said.
The scientists calculated that some 8,000 cubic kilometres of freshwater has flowed from Greenland into the Atlantic between 1900 and 1970, and this rose significantly to 13,000 cubic kilometres between 1970 and 2000.
Freshwater is lighter than salty water which means that it tends to float on the surface of the ocean and in doing so disturbs the normal sinking of dense, cold saltwater to the ocean floor, which is the main driver of the Atlantic circulation.
In a study published in the journal Nature Climate Change, Professor Rahmstorf and colleagues point out that maps of global surface temperatures have consistently indicated an overall warming trend around the world, except for the region of the North Atlantic south of Greenland.
“It is conspicuous that one specific area of the North Atlantic has been cooling in the past hundred years while the rest of the world heats up,” said Professor Rahmstorf, who added that previous research had indicated that a slowdown in ocean currents may be the explanation.
“Now we have detected strong evidence that the global conveyor has indeed been weakening in the past hundred years, particularly since 1970,” he said.
The study used proxy measurements of the Atlantic currents, using ice cores, tree rings, coral growth and ocean and lake sediments, to estimate regional temperature variations and so assess how the Gulf Stream has changed over the past 1,000 years.
Jason Box of the Geological Survey of Denmark and Greenland, who helped to calculate the amount of freshwater flowing into the Atlantic from melting ice caps, said that the slowdown can be linked to man-made climate change.
“Now freshwater coming off the Greenland ice sheet is likely disturbing the circulation. So the human-caused mass loss of the Greenland ice sheet appears to be slowing down the Atlantic overturning, and this effect might increase if temperatures are allowed to rise further,” Dr Box said.
Michael Mann of Pennsylvania State University said: “Common climate models are underestimating the change we’re facing, wither because the Atlantic overturning is too stable in the models or because they don’t properly account for Greenland ice melt, or both.”
With NASA scientists warning about California only having one year of water left, it appears The Kardashians and March Madness continue to distract Americans from the ugly looming reality of water shortages. With summer around the corner, the US Drought Minitoring service reports today that a stunning 99.85% of California is “abnormally dry,” and 98.11% of the state is in drought conditions leaving over 37 million people in harm’s way.
Right now the state has only about one year of water supply left in its reservoirs, and our strategic backup supply, groundwater, is rapidly disappearing. California has no contingency plan for a persistent drought like this one (let alone a 20-plus-year mega-drought), except, apparently, staying in emergency mode and praying for rain.
In short, we have no paddle to navigate this crisis.
The consistency with which nearly every report on the US economy has deteriorated over the last few months is astonishing. Only the jobs report has been spared that sharp downdraft. So we blame the weather, which in parts of the US was truly atrocious, while in other parts, particularly in California, it was gorgeous.
Too gorgeous. This is supposed to be our rainy season, but every day the sun is out as we’re heading into our fourth year of drought. Yet the drought isn’t what keeps people from shopping or companies from ordering equipment. So out here, we’re baffled when the weather gets blamed.
Today’s durable goods report for February was another shot at this wobbly edifice of the US economy.
New orders for manufactured durable goods dropped by 1.4%, the Census Bureau reported. It was the third decrease in four months. Transportation equipment fell 3.5%, also the third decrease in four months. Excluding transportation, new orders – “core” durable goods – fell 0.4%, down for the fifth month in a row.
When I wrote last about it on March 17, the GDPnow model pegged economic growth at a seasonally adjusted annual rate of 0.3%. That was bad enough. Today, after the release of the durable goods data, the nowcast dropped to 0.2%:
Wall Street’s promise of “Escape Velocity,” the miracle speed that the US economy would achieve in the near future to pull out of its sluggish orbit and move to the next level? That promise has been propagated for years. Each time, and with relentless regularity, it turned into just another false Wall-Street promise whose purpose it was to rationalize stock prices that have defied rationalization, and drive them even higher. And in doing so, the year-after-year promise of “Escape Velocity” has become a joke.
The Fed has floored the monetary accelerator with its steel-capped, lead-lined boot for over six years. Other central banks have followed. They expected, or pretended to expect, that it would create demand, economic activity, and consumer-price inflation. None of which happened. Instead, it created a “bond bubble” that is becoming “more extreme” and stock markets that are “overvalued,” according to 11,000 financial professionals. Read… The “Insanity Trade:” Where Does It Go From Here?
In a somewhat surprising turn of events, this morning’s futures reaction to last night’s shocking start of a completely unexpected Yemen proxy war, which has seen an alliance of Gulf State launch an air, and soon land, war against Yemen’s Antichrist Houthi rebels, is what one would expect: down, and down big.
This is surprising, because on previous occasions one would expect the NY Fed, or its pet hedge fund, Citadel, or the BOJ or ECB (via the CME’s central bank liquidity program) to aggressively buy ES to prevent a slide, something has changed, and for the BTFDers, that something may be very fatal with the e-Mini rapidly approaching a 1-handle yet again.
The offset to tumbling stocks, as previously observed, is oil, with WTI soaring over 6% in a delayed algo response to the Qatar headlines.
“While thousands of barrels of oil from Yemen will not be noticed, millions from Saudi Arabia will matter,” said John Vautrain, who has more than 30 years’ experience in the energy industry and is the head of Vautrain & Co., a consultant in Singapore. “Saudi Arabia has been concerned about unrest spreading from Yemen.”
Brent, the benchmark grade for more than half the world’s crude, gained as much as $3.30, or 5.8 percent, to $59.78 a barrel in electronic trading on the London-based ICE Futures Europe exchange on Thursday. West Texas Intermediate futures, the U.S. marker, jumped as much as 6.6 percent to $52.48 on the New York Mercantile Exchange.
For now surging oil appears to be dragging the tightly correlated EURUSD by the bootstraps, and as a result the US Dollar despite it traditionally being a flight to safety during global proxy wars such as this one.
In summary: European shares fall with the tech and financial services sectors underperforming and oil & gas, basic resources outperforming. Stoxx 600 trades near session low; European energy stocks outperform as Antichrist Saudi Arabia directs bombing sorties at Antichrist Shiite Houthi rebels in Yemen. Brent, WTI crude futures both gain. U.K. retail sales rise more than forecast. The German and Swedish markets are the worst-performing larger bourses, the U.K. the best. The euro is stronger against the dollar. German 10yr bond yields fall; U.S. yields decline. Commodities gain, with soybeans, corn underperforming and WTI crude outperforming. U.S. jobless claims, continuing claims, Bloomberg consumer comfort, Kansas City Fed index, Markit U.S. composite PMI, Markit U.S. services PMI due later.
A Pew Stateline analysis published earlier this month shows that “the percentage of “middle-class” households- those making between 67 percent and 200 percent of the state’s median income- shrunk between 2000 and 2013.” When adjusted for inflation, median income has declined for most states. Stateline reports that “In most states, the growing percentage of households paying 30 percent (the federal standard for housing affordability) or more of their income on housing illustrates that it is increasingly difficult for many American families to make ends meet.”
In short, incomes are not increasing enough to keep up with the costs of living. The idea that temporary lower fuel prices are sufficient to offset the rising costs of food, clothing, health care and rent seem little more than wishful thinking. The middle class is disappearing.
While several exceptionally wealthy and successful people have admirably come out and spoken passionately of the broken nature of financial markets and the political system, as well as the threat this poses to society in general (think Paul Tudor Jones and Nick Hanauer), there have been several examples of oligarchs coming out and conversely demonstrating their complete disconnect from reality, as well as a disdain for the masses within a framework of incredible arrogance.
I’ve commented on such figures in the past, with the two most popular posts on the subject being:
A Billionaire Lectures Serfs in Davos – Claims “America’s Lifestyle Expectations are Far Too High”
An Open Letter to Sam Zell: Why Your Statements are Delusional and Dangerous
The latest example comes from Charlie Munger, Warren Buffett’s right hand man, who tends to demonstrate an incredible capacity for verbal diarrhea. Recall his commentary on gold: “gold is a great thing to sew onto your garments if you’re a Jewish family in Vienna in 1939.”
Moving along, Mr. Munger provided some typically insensitive commentary at an event yesterday in Los Angeles. Bloomberg reports that:
(Bloomberg) — Charles Munger, who became a billionaire while helping Warren Buffett build Berkshire Hathaway Inc., predicted it’s going to get tougher for consumers to maintain their standard of living in coming decades.
“We should all be prepared for adjusting to a world that is harder,” Munger, 91, said Wednesday at an event in Los Angeles, in response to a question about the increase in the size of the Federal Reserve’s balance sheet since the 2008 financial crisis. “You can count on the purchasing power of money to go down over time. And you can almost count that you’ll have more trouble in the next 50 years than the last.”
“Somebody my age has lived through the best and easiest period that ever happened in the history of the world — the lowest death rates, the highest investment production, biggest increases in most people’s standards of living,” Munger said. “If you’re unhappy with what you’ve had over the last 50 years, you have an unfortunate misappraisal of life.”
There’s a staggering amount of offensiveness in such few words. First off, he says that: “We should all be prepared for adjusting to a world that is harder.” Who is included in the word “all” here. Certainly not his fellow oligarchs, who already bailed themselves out in incredible fashion and have been spending the years since protecting themselves from the horrible future they’ve created. No, he is speaking to the masses, the plebs, the serfs, the peasants, the ruled. He is telling them tough luck, just try to avoid cannibalism in the future. Meanwhile, if you get close to my castle I’ll have you shot down like a dog.
He then shows his cards once again with the statement: “If you’re unhappy with what you’ve had over the last 50 years, you have an unfortunate misappraisal of life.”
50 years of life? What about those us who haven’t had the pleasure of being alive so long. What about the millennials, the teenagers, and the babies being born right now? He couldn’t give a shit, which is exactly why he and his buddies went out of their way to protect the wealthy, older generations with their bailouts in 2008/09. Conveniently, this is the exact demographic he belongs to.
His comments are particularity striking when you take them in context of yesterday’s article from the Wall Street Journal: Executive Pensions Are Swelling at Top Companies. If you think these guys are going to be dealing with the “hard times” ahead like everyone else, think again.
From the WSJ:
Top U.S. executives get paid a lot to do their jobs. Now many are also getting a big boost in what they will be paid after they stop working.
Executive pensions are swelling at such companies as General Electric Co., United Technologies Corp. and Coca-Cola Co. While a significant chunk of the increase is the result of arcane pension accounting around issues like low interest rates and longer lifespans, the rest reflects very real improvements in the executives’ retirement prospects.
New mortality tables released last fall by the American Society of Actuaries extended life expectancies by about two years. That, as well as low year-end interest rates, helped push pension gains higher than many companies had expected. The result is much higher current values for plans with terms like guaranteed annual payouts, which are no longer offered to most rank-and-file workers.
Note that these guaranteed annual payouts are no longer offered to most rank-and-file workers. There are peasants and there are oligarchs. The peasants are the ones Munger speaks to.
GE Chief Executive Jeff Immelt’s compensation rose 88% last year to $37.3 million. Meanwhile, excluding $18.4 million in pension gains, his pay actually fell slightly to $18.9 million.
In all, Mr. Immelt’s pension is valued at about $4.8 million a year for life. The company puts its current value at about $70 million, up from around $52 million a year ago.
At Lockheed Martin Corp., CEO Marillyn Hewson’s total pay rose 34% to $33.7 million last year, with $15.8 million of that stemming from pension gains. An extra column in the proxy statement’s compensation table strips out those gains, showing her pay up about 13% to $17.9 million.
Executive pensions generally don’t consume the attention that pensions for the rank and file do. For years, as costs of traditional pension plans have risen amid low interest rates and longer lifespans, big companies have been closing them to new employees or even freezing benefits in place, often continuing with only a 401(k) plan for all but the oldest workers.
Last June, Lockheed Martin told its nonunion employees that it would stop reflecting salary increases in their pension benefits starting next year, and that the benefits would stop growing with additional years of work starting in 2020.
Just in case you needed further evidence of how all “public” policy, especially the actions of the Federal Reserve, are specifically designed to enrich the 0.01% at the expense of everyone else, let’s take a look at some excerpts from a CNBC article published today: Fed Policies Have Cost Savers $470 Billion:
The Federal Reserve’s efforts to stimulate the U.S. economy after the financial crisis ended up costing savers nearly half a trillion dollars in interest income, according to report released Thursday.
Since the central bank dropped interest rates to near zero at the end of 2008, savers have labored under plain-vanilla bank accounts and money market funds that have yielded close to nothing. Critics have long said the Fed’s quantitative easing efforts have boosted asset prices, particularly in the stock market, but exacted severe costs across other parts of the economy.
If QE really helps everyone, then why has income inequality exploded? The answer, of course, is that QE picked winners and losers. Naturally, the winners have been the oligarchs, and the losers have been everyone else.
Stocks tried valiantly to suggest everything is awesome today… but failed… And USO (the Oil ETF) was all over the place with some seriously broken markets….
From Monday’s open (post Quad Witching), things are not pretty…
Bonds were monkey-hammered as the dollar strengthened. 30Y yields soared 13bps off today’s lows… and 30Y back to unch from the FOMC.
Swissy was unceremoniously dumped in a wonderfully linear manner…
As The Dollar V-Shape Recovered off early losses….
As Biotechs bounce did not last…
Leaving the S&P unable to close green YTD… And the world’s largest stock index in the red post-QE3…
For the anchors on CNBC – “Off The Lows” Is the new “Killing It”
Diamonds maybe, but Biotechs aren’t forever…
Dr. Jim Willie, publisher of GoldenJackass.com and the Hat Trick Letter, joins Shadow of Truth for a spectacularly informative interview where Willie delves into the “big events” he says January was loaded with, opening the door to multiple channels working together to bring about what he calls the “global paradigm shift” and the retirement of the dollar, as well as the “reinstallation of the gold standard both in trading and banking.”
Willie informs listeners that “Sooner or later we’re going to see a massive flow of major banking systems dumping Treasury bonds because they don’t use them anymore – they don’t want them anymore. And that’s when we’ll see QE4 come into play.”
Via The GoldenJackass.com regarding this interview:
March 24th: topics covered are development of Chinese led financial platforms outside the USDollar sphere, objection to US-led trade unions in Asia and Europe are widely disliked for corporate power grabs, true reasons for Ukraine War and Russian confrontation, breaking Europe & Russian in economic marriage as big motive, laying out farmland seeds with Monsanto for European food supply, majority of Western central bank gold might be from Czarist Russia, the Rothschilds supported Bolshevik Revolution with murder of Romanov family (war to cover up gold thefts by the Western central banks and eliminate claims by Kremlin??), the HSBC gold vault shutdown might have several motives, raids of GLD Fund gold and Shanghai Gold Fix are involved.
Other topics include; Asia Infrastructure Investment Bank, the new yuan-denominated gold fix, Ukraine and the imminent demise of the dollar.
Jim Willie is introduced at the 5 minute mark in the interview embedded below.
MONUMENTAL SOLAR SYSTEM CHANGES: Planet Jupiter’s Explosive Ever-Present Polar Lights, Many Times The Size Of The Earth – Auroral Explosions “Having Nothing To Do With The Sun,” Could The Jovian Magnetosphere Be Interacting With Another Stellar Object?!